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December 09, 2022, 09:47:36 PM *
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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25892262 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 5 users with 9 merit deleted.)
vapourminer
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what is this "brake pedal" you speak of?


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January 15, 2020, 02:50:38 PM

"Feeeeed me Roger!"  -Bcash "Feeeeed me Calvin!"  -BSv

SUPPERTIME!
1670622456
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Reply with quote  #2

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nutildah
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January 15, 2020, 02:54:34 PM
Merited by LFC_Bitcoin (1)





Just practicing... LOL.

Aw man my computers so slow there's no way I'm gonna win.
bitcoinPsycho
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$120000 by end of 2023 confirmed . Slava Ukraini


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January 15, 2020, 02:55:31 PM

JimboToronto
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You're never too old to be young.


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January 15, 2020, 02:58:00 PM
Merited by BobLawblaw (10), Hueristic (1)

you are officially leet

Thanx... next target: 2600.  Cool
Paashaas
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January 15, 2020, 03:02:51 PM
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https://twitter.com/galaxyBTC/status/1217431156758601728
Wekkel
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yes


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January 15, 2020, 03:16:39 PM

We can do this fast or we can do this slow...  Roll Eyes
realr0ach
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#TheGoyimKnow


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January 15, 2020, 03:24:59 PM

Stock-to-flow model.

"Stock to flow" does not apply to Ponzi scams.  I don't know if any of you noobs understand economics at all - and I wasn't there to personally witness the event or personally audit all the bookkeeping - but the great depression involved a liquidity deficit.  Some claim it was an engineered depression by the banks, others claim it's not; who knows, that doesn't matter for this discussion.  What matters is that if Bitcoin was actually the unit of account of anything (I.E. the world reserve currency and everything is priced in Bitcoin), the halving itself is a liquidity implosion similar to the great depression.

With Bitcoin not being the unit of account of anything it doesn't really matter because it just functions as a meaningless pump and dump scam, but if you actually tried to price everything in the world in Bitcoin it would be laughable. What type of "monetary system" do you know of where every vendor on the planet needs to massively adjust all their prices every four years?  None exists because anything with such stupid mechanics always dies because anything operating with such dynamics is a Ponzi scam.  The purpose of a monetary unit is to provide price stability, not be unstable by default.

In terms of having an actual functioning economic system, the 'halving' is a monetary crisis, not some sort of benefit.  The only people who view it as beneficial are pump and dump scammers hoping it allows them to make money off algorithmically designed, large volatility.  If Bitcoin was designed to actually be useful as a unit of account for something instead of a Ponzi scam, the block reward would be static eternally.  The government creators of Bitcoin who want it to function as a cashless society slavery system where everything you do is monitored in real-time knew it would be impossible to try and get anyone to use Bitcoin with an infinite, static block reward over metals, so they designed it as a get rich quick scheme, Ponzi scam to later be adjusted or replaced when it eventually fails due to having no use case beyond a pump and dump scam.
FreedomCoin
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Freedom to choose


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January 15, 2020, 03:30:58 PM

That 24h volume is looking nice.

ATH in volume?
psycodad
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精神分析的爸


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January 15, 2020, 03:35:39 PM
Merited by JimboToronto (1)

you are officially leet

Thanx... next target: 2600.  Cool
* psycodad whistles:
And then rename account to Cap'n CrunchGrin

d_eddie
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January 15, 2020, 03:35:54 PM



LoL

So Ball tempering is not @bitserve's trade mark.....

... or Bawb's, official founder of BTC  (Ball Training Club).
DeathAngel
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1st licensed crypto casino; the future of gaming.


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January 15, 2020, 03:37:33 PM

That 24h volume is looking nice.

ATH in volume?

Interesting, I don’t know though. How do you check that stat?

I think if we break $9,000 it could be a quick run up to five figures.
El duderino_
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Observing No-Coiners.


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January 15, 2020, 03:38:55 PM

That 24h volume is looking nice.

ATH in volume?

Interesting, I don’t know though. How do you check that stat?

I think if we break $9,000 it could be a quick run up to five figures.

Yeah the first time we crossed 9K this year that was a short lived area, 10K was like instant asked and delivered
BitcoinGirl.Club
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Stake.com - Leading Crypto Sports Betting & Casino


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January 15, 2020, 03:39:16 PM


Just practicing... LOL.

Aw man my computers so slow there's no way I'm gonna win.
Staying online for the next 8 hours LOL



You think you have a chance against me? 😉
realr0ach
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#TheGoyimKnow


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January 15, 2020, 03:41:10 PM

TLDR:  Hyperdeflation is just as bad as hyperinflation.  Neither functions for a real world economic system.

Due to halvings and the amount of coins lost through strong encryption, Bitcoin is not deflationary but hyperdeflationary, and doesn't work to price literally ANYTHING in.  Sounds great for pump and dump scammers, but if nothing can even be legitimately priced in Bitcoin at all, it doesn't have an actual use case and the price eventually goes to zero when little of the market or vendors utilize it for anything.  

There are stories of post offices having metal engraved signs on the wall for the postage price with the numerical value being the same for decades under gold and silver standards.  Can you ever imagine such a thing for Bitcoin?  It's laughable and virtually impossible for metals to not defeat Bitcoin.  The biggest valuation factor of money is ability to provide price stability, NOT be a pump and dump tool.
yslyv
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January 15, 2020, 03:45:59 PM

I added Bitcoin Dominance and BTC/USD pair in same graph for last 1 year. And last few days looks kinda different comparing to before. Like glines were more or less parallel mostly, But after the last jump over 8k usd, dominance went to downtrending.

nutildah
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January 15, 2020, 03:47:14 PM
Last edit: January 15, 2020, 04:15:08 PM by nutildah


Just practicing... LOL.

Aw man my computers so slow there's no way I'm gonna win.
Staying online for the next 8 hours LOL

*image redacted*

You think you have a chance against me? 😉

LFC_Bitcoin
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January 15, 2020, 03:47:38 PM

5 Merit’s available for the first poster to help me confirm 100% the exact time the price crosses $9,000 on Bitstamp.

I want to be precise & exact on who the winner is.

Thanks.
VB1001
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<<CypherPunkCat>>


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January 15, 2020, 03:47:53 PM

Uphold Opens Crypto Trading to Users With UK Bank Accounts]Uphold Opens Crypto Trading to Users With UK Bank Accounts

Quote
Trading platform Uphold has added pound sterling support, meaning users can trade cryptocurrencies via payments from U.K. bank accounts.

https://www.coindesk.com/uphold-opens-crypto-trading-to-users-with-uk-bank-accounts
fillippone
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Merit Rascal - Pizza Maker


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January 15, 2020, 03:50:27 PM
Merited by LFC_Bitcoin (2)

5 Merit’s available for the first poster to help me confirm 100% the exact time the price crosses $9,000 on Bitstamp.

I want to be precise & exact on who the winner is.

Thanks.

Easy.
The screenshot must included traded price.
Like this one (not that I have been training for this).



In any case this also prevent image photoshopping.
LFC_Bitcoin
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January 15, 2020, 03:50:59 PM

5 Merit’s available for the first poster to help me confirm 100% the exact time the price crosses $9,000 on Bitstamp.

I want to be precise & exact on who the winner is.

Thanks.

Easy.
The screenshot must included traded price.
Like this one (not that I have been training for this).



Excellent Wink

This seems like the perfect way to do it, I agree.
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