Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Dabs]

China is making their own version of tether / libra? Then watch as millions of citizens go out, acquire a bunch of ChinaCoin, and go to some exchange based in Malta to go buy BTC.

[1615110807]

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[1615110807]

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[El duderino_]

via Imgflip Meme Generator

Fun is about to start

Have a fun Halloween WO brothers

[Ludwig Von]

China is making their own version of tether / libra? Then watch as millions of citizens go out, acquire a bunch of ChinaCoin, and go to some exchange based in Malta to go buy BTC.

"The Big Firewall" is going to prevent that... . 

[Febo]

I sincerely hope that today that is World Savings Day people will ask them self a question why their savings are getting so little interest and why it looks a year or two away from time when they will be getting negative interest rates on their savings.

[Hueristic]

Looks to me, (or my uniformed self) that China soon is gonna make a real run at Crypto with their own Cryptocurrency.

Again, IMHO, they seem to be taking the LIBRA route and seems to me to be sidelining Bitcoin as a 'store of value' and

likely will concentrate on the 'usage' of their newly made government-backed Cryptocurrency...and just leave BTC to the wayside on that push.

Why muddy the waters, just say, hey, it's all good.

Anyway, my guesses from the link below:

https://www.fxstreet.com/cryptocurrencies/news/china-is-banning-any-criticism-of-bitcoin-and-blockchain-technology-201910311837

W00ps, wrong one.

I started a thread on this.

https://bitcointalk.org/index.php?topic=5197354.msg52932078#msg52932078

Linky no work?

Do you know about the mouse utopia experiment of John B. Calhoun? What happens to mice in a closed space with all the food they could want? As population grows, birthrate starts falling to almost 0. Same thing can be applied to humans, with Earth as our closed off space.

Evolutionary traits are kicking in to stop overpopulation. All natural. Might drive us to extinction, might not.

Good video on the subject.

https://www.youtube.com/watch?v=5m7X-1V9nOs

[Paashaas]

China is making their own version of tether / libra? Then watch as millions of citizens go out, acquire a bunch of ChinaCoin, and go to some exchange based in Malta to go buy BTC.

Eventually all roads leads to BTC.

[THX 1138]

Relaying further comments:

Bitcoin is a derivative of the US dollar and various other fiats and is in no way free floating whatsoever, nor the unit of account of anything.

That will be falsified when Libra replaces the US dollar with (legacy) Bitcoin as the reserve sometime later in this decade and the U.S. dollar collapses whilst (legacy) Bitcoin continues to the moon.

For inflation?  If there was a Venezeulan-style melt up, people then lose faith in the current unit of account (Jewish Federal Reserve note), and all pile into the base of Exter's Pyramid to try and retain value (physical gold and silver). Bitcoin is located nowhere near the base of Exter's Pyramid so in a rush to the exits will not be the benefactor of becoming the new unit of account.

Empirically that’s already been falsified recently in Venezuela. The Venezuelans weren’t walking across the border to Colombia with bits of gold in their pockets. That would have been too dangerous. Interest in cryptocurrencies has been significant and rising according to anecdotal reports. Ditto Argentina.

Heck Venezuela even had the threat of their gold being confiscated by the bankers in London. Gold has declining utility because the transferrable asset is attached to its physical mass, unlike proof-of-work where the physical mass (the mining equipment) is detached from the transferable value.

Face the facts.

Looks to me, (or my uniformed self) that China soon is gonna make a real run at Crypto with their own Cryptocurrency.

Again, IMHO, they seem to be taking the LIBRA route and seems to me to be sidelining Bitcoin as a 'store of value' and

https://www.fxstreet.com/cryptocurrencies/news/china-is-banning-any-criticism-of-bitcoin-and-blockchain-technology-201910311837

Libra and China’s competitor shitcoin ultimately must back their centralized, no Nash equilibrium proof-of-stake shitcoins with Bitcoin reserves, otherwise they’ll be replaced by a transactional medium-of-exchange that does. Because Bitcoin is the only monetary asset other than precious metals which has a decentralized Nash equilibrium due to unforgeable costliness.

However, what happens if someone creates a cryptocurrency that effectively has decentralized (i.e. can’t be BSV nor BCH which only increase block sizes via the ruse of centralized mining) transactional volume scaling and a Nash equilibrium with unforgeable costliness? HTLCs such as Lightning Networks can’t succeed and besides Bitcoin has a poison pill game theory which will destroy all the mutations to the protocol since Satoshi left the building.

[ðºÞæ]

Was the Bitcoin White Paper Intentionally Published on Halloween?
https://www.ccn.com/bitcoin-white-paper-intentionally-published-halloween/
Or was it because of world savings day?

[LUCKMCFLY]

Some data on Bitcoin Performance.

Seeing a lot of talk about $BTC's "Birthday"

Here's the past performance of this day since 2010.

Source:https://twitter.com/Bitdealer_/status/1189908054118146048

[somac.]

back to 9000 again. Whenever the price gets down here though the bears side of the order book looks weak as piss, hence why we are getting these bounce back of it. According just to the order book I don't think we'll be down at these levels for much longer.

[jupiter9]

via Imgflip Meme Generator

Fun is about to start

Have a fun Halloween WO brothers

What's so fun about posting the image with the blood all over the place?

[Biodom]

For WO to salivate over...maybe when btc is at $5mil, lol

https://www.wsj.com/articles/the-super-rich-are-buying-100-million-homes-for-some-one-isnt-enough-11572548543

[Cryptotourist]

What's so fun about posting the image with the blood all over the place?

Asks the 40 year old virgin.
Trick it is.

- Does the sight of a vagina repulse you, or is it a tiny mini miny other issue there?
- Is number 9 symbolic in any way?

[yefi]

back to 9000 again. Whenever the price gets down here though the bears side of the order book looks weak as piss, hence why we are getting these bounce back of it. According just to the order book I don't think we'll be down at these levels for much longer.

Last chance saloon for the bears. If they can't hold the line here then it will all uncoil for them.

[jojo69]

Magic 1 is now Vegeta, and seems to be in full effect



15 min candles

[jupiter9]

What's so fun about posting the image with the blood all over the place?

Asks the 40 year old virgin.
Trick it is.

- Does the sight of a vagina repulse you, or is it a tiny mini miny other issue there?
- Is number 9 symbolic in any way?

i answered with a longer comment but it was deleted. It's a spiritual/energy thing and purely my choice not to have sex when i had any opportunity for it. This sexual energy is the strongest tool that humans have. It can be transformed in many ways. But most of people are losing and throwing it away through sex and watching porn. This is a shorter answer. Can i have now your answer why is this bloody halloween so fun?

[Last of the V8s]

^

[jojo69]

oh man

the glimpse of the top of those stockings

MMMMMMMMMMM

[Biodom]

^you guys have too much imagination...i see only some letters and numbers 

[jupiter9]

^

If this attracts you, maybe you're not so high on the consciousness level. The goal is to evolve and be free. If you can't help it to think without addicting things than you're not free.