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

[JayJuanGee]

[edited out]

Don't cry for me Argentina SillyJGee.

It's a bit difficult to feel sorry for you and your ongoing expressions of hopium regarding your bcash shitcoins and even your regular demonstrations of self-righteousness about that bcash shitcoin topic. 

The actions of you and your shitcoinery buddies seem to be ongoing acts of hostility towards king daddy, so I have some troubles with sympathy in regards to scammy, shitcoin pumpening, meritless and misleading attacks on bitcoin, too.

Maybe my feelings do fit in the crocodile tears category, to the extent such tears exist in regards to you and your fellow shitcoiners?

[1685823821]

1685823821

[1685823821]

1685823821

[Hueristic]

Damn, never seen such agreement on the poll.

[lightfoot]

Damn, never seen such agreement on the poll.

Yeah watch it shoot up to 30,000 and make fools of us all....

[Icygreen]

Alright, which one of you was it.   We should probably keep the jetpacks low key until after 20K, just sayin
https://www.latimes.com/california/story/2020-09-01/fbi-investigating-man-flying-jet-pack-near-lax-jets

[bitebits]

Bitcoin pumping:

To further expand our cryptocurrency options for Pornhub Premium, we're excited to announce that we now accept Bitcoin & Litecoin as payment methods!

https://twitter.com/pornhub_premium/status/1300942357555183617

[explorer]

Alright, which one of you was it.   We should probably keep the jetpacks low key until after 20K, just sayin
https://www.latimes.com/california/story/2020-09-01/fbi-investigating-man-flying-jet-pack-near-lax-jets

How can they SEE me!?  I'm supposed to be invisible!

[bitebits]

Pieter Wuille leaves Blockstream and joins Chaincode Labs:

https://twitter.com/pwuille/status/1300852969173184514

Very excited to announce I'm joining Chaincode Labs today, where I plan to keep working on protocol improvements to Bitcoin!

I'm very thankful for the time I got to spend with the people at @Blockstream, and will keep collaborating with the research team there.

[hv_]

Pieter Wuille leaves Blockstream and joins Chaincode Labs:

https://twitter.com/pwuille/status/1300852969173184514

Very excited to announce I'm joining Chaincode Labs today, where I plan to keep working on protocol improvements to Bitcoin!

I'm very thankful for the time I got to spend with the people at @Blockstream, and will keep collaborating with the research team there.

getting too expensive?

[Paashaas]

https://twitter.com/wiener_boerse/status/1300683461666181127

[bitcoinPsycho]

Wasnt it about walls ?

Or just pump & price ...

It surely isn't about BCH, BSV...

Well, not yet today, anyhoo.

Lookie at Jbreher.

Never failing to prepare for the pumpening of crap.



It's going to look like this, once the crap starts to pumpening.





You are going to need some luck, beyond mere preparations, jbreher.

Don't cry for me Argentina SillyJGee.

Edit: Oh. Hey. Squirrel:


Seems both BSV and BCH are performing better over the last 24 hours than BTC. What else you got that you want to use to try to hurt my feelings?

Seems someone's getting desperate to justify his shitcoin collection

[El duderino_]

[El duderino_]

Wasnt it about walls ?

Or just pump & price ...

It surely isn't about BCH, BSV...

Well, not yet today, anyhoo.

Lookie at Jbreher.

Never failing to prepare for the pumpening of crap.



It's going to look like this, once the crap starts to pumpening.





You are going to need some luck, beyond mere preparations, jbreher.

Don't cry for me Argentina SillyJGee.

Edit: Oh. Hey. Squirrel:


Seems both BSV and BCH are performing better over the last 24 hours than BTC. What else you got that you want to use to try to hurt my feelings?

Seems someone's getting desperate to justify his shitcoin collection

But continue to decrease in price .... Hmmmm, for what its worth, be happy with your centralized-copycoins... Nobody is taking them from you. Also probably nobody will buy them from you at some point.

[Karartma1]

https://twitter.com/wiener_boerse/status/1300683461666181127

They will never get that the only way to benefit from it all is to buy these damn real coins! The old financial world will always love the so-called snake oil instead of the royal jelly! I don't mind, more real coins for us who saw it through.

[NeuroticFish]

Seems someone's getting desperate to justify his shitcoin collection

I think that those coins always attracted the ones with more greed than common sense.


I'm still not worried about Bitcoin price.
Up and down and up and down, remember?

[AlcoHoDL]

Seems someone's getting desperate to justify his shitcoin collection

I think that those coins always attracted the ones with more greed than common sense.

For me, the mere thought of Craig Wright & Calvin Ayre being the central figures behind BCH & BSV, raises so many red flags that I don't want to be anywhere near those "cloins".

I must acknowledge, however, that those "cloins" helped me raise my stash by a few BTC.

...

10k € seems to be a tough nut to crack... It does seem that my prediction of $13k/BTC by the end of 2020 may (sadly) hold true...

Come on, Bitcoin, prove me wrong!

[NeuroticFish]

I must acknowledge, however, that those "cloins" helped me raise my stash by a few BTC.

Nice stash!
I was also helped by altcoins, but at least it was something honest imho (XMR), not a cloin (I like that name!)

[BobLawblaw]

I must acknowledge, however, that those "cloins" helped me raise my stash by a few BTC.

FWIW, and I don't want to sound like I'm bragging at all, but dumping BSV and BCH when I did paid off our mortgage.

Can't complain too loudly.

[LFC_Bitcoin]

FWIW, and I don't want to sound like I'm bragging at all, but dumping BSV and BCH when I did paid off our mortgage.

Can't complain too loudly.

I didn’t get BSV because I converted all my BCH into BTC, then fiat & lived like an actual King for 12 months. I probably should have just kept it as BTC but fuck it, I wanted to enjoy at least some of the fruits of my labor.

I went to Vegas for a week on my BTG too

[El duderino_]

Seems someone's getting desperate to justify his shitcoin collection

I think that those coins always attracted the ones with more greed than common sense.

For me, the mere thought of Craig Wright & Calvin Ayre being the central figures behind BCH & BSV, raises so many red flags that I don't want to be anywhere near those "cloins".

I must acknowledge, however, that those "cloins" helped me raise my stash by a few BTC.

...

10k € seems to be a tough nut to crack... It does seem that my prediction of $13k/BTC by the end of 2020 may (sadly) hold true...

Come on, Bitcoin, prove me wrong!

Will merit this post when replenished..... BUT, not for the prediction.... but I will for the new word cloin 🙃

[600watt]

there is this problem with inelastic money supply when it comes to a growing economy: if there is not enough money in the system it will slow down growth or even prohibit it completely. in that way gold became replaced first by supposedly gold backed money in the 18th and 19th century and since beginning of the 1970ies it became replaced by fiat money, not backed by anything.

this is why Keynesians don't like gold so much and are scared by bitcoin which seems being even more inelastic than gold with its fixed supply. Keynesian policy done right would mean that in bust cycles, when the economy is going into a recession, the government should step in and provide the stimulus through deficit spending. it would further mean to stop the stimulus as soon as the recession is over and then proceed to cut expenses and start saving when the economy swings back to a boom cycle. and this is what all governments and central banks did not do. in opposite they kept throwing out stimulus even bigger and faster, and did not safe anything to survive the next bear cycle.

Keynesian policy works much better in a crisis than austerity measures but its not Keynesian to keep spending flood gates open even in boom cycles. This way it creates inflation inevitably and the central banks even try to produce a 2% inflation p.a. which means after 20 years about half the value of your money is gone. (stolen by those who manipulate our monetary yardstick aka money.)

bitcoin is way better than gold since it exists in a digital form it can be easily split in 100s of millions of units. one bitcoin = 100mio satoshi. if is not enough elasticity there can be added more digits behind the dot.

fiat money can only answer to elasticity demands by producing more of it. the numbers in front of the dot get bigger, which means each unit gets less valuable = inflation

bitcoin can only answer to elasticity demands by dividing further (this is NOT diluting). the decimal point numbers (behind the dot) gets smaller, which means each unit gets more valuable = deflation

gold was sacked because it was inelastic in times of bust&boom. other than that is was a good sound money. bitcoin does not lack this elasticity even though it is scarce because it can be elastic "inside" - on the right side of the dot. bitcoin is the best money mankind has developed so far.