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

[Ultrafinery]

Dunno, how 'bout joo?

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[r0ach]

I wonder if the low level, Jewish banker foot soldiers in this thread know what happens soon.  Central banks of every country load up the balance sheet to absurd proportions.  Once you reach levels like this, the country is basically fascist or communist by definition when the state owns all business and means of production.  There's no way back once you reach a point like this.  What happens next is, the civilization is imploded just like the USSR was and all assets of the state are sold off to the oligarchs for pennies.

The people benefiting from the carpet baggetry aren't the low level Jews like the ones constantly spamming this thread, you're basically just useful idiots in that regard.  People like Blythe Masters probably don't even benefit.  Just the overlord, kingpin Jews like Soros run off with ownership of everything (until a nationalist somewhere like in Japan, China, or the US notices what they're doing and starts WW3 and kills them all).

Assuming everyone doesn't die in a nuclear holocaust, Bitcoin and metals should be the only things usable as currencies to survive this, so you low level, Zionist banker shill foot soldiers might be able to act as carpet baggers on a micro level and scoop up some McMansions or a golf course by owning a few BTC, the very asset you're paid to shill against.

[Dotto]

I don´t know why I feel this event is inextricably related to the recent price surge

[ssmc2]

Looks like we're gonna bounce within another ascending triangle for yet another couple weeks.

[bitcoin carpenter]

In my opinion i think we will hover under 500 usd dollars until early september

[r0ach]

In my opinion i think we will hover under 500 usd dollars until early september

lol no.  The odds of it being below $500 on the day the halving occurs are 0.  Even bears like MatTheCat that hate BTC and want it to die talk about not being surprised if it pumped to something like $600 soon before the halving even occurs. 

[Fakhoury]

I wonder if the low level, Jewish banker foot soldiers in this thread know what happens soon.  Central banks of every country load up the balance sheet to absurd proportions.  Once you reach levels like this, the country is basically fascist or communist by definition when the state owns all business and means of production.  There's no way back once you reach a point like this.  What happens next is, the civilization is imploded just like the USSR was and all assets of the state are sold off to the oligarchs for pennies.

The people benefiting from the carpet baggetry aren't the low level Jews like the ones constantly spamming this thread, you're basically just useful idiots in that regard.  People like Blythe Masters probably don't even benefit.  Just the overlord, kingpin Jews like Soros run off with ownership of everything (until a nationalist somewhere like in Japan, China, or the US notices what they're doing and starts WW3 and kills them all).

Assuming everyone doesn't die in a nuclear holocaust, Bitcoin and metals should be the only things usable as currencies to survive this, so you low level, Zionist banker shill foot soldiers might be able to act as carpet baggers on a micro level and scoop up some McMansions or a golf course by owning a few BTC, the very asset you're paid to shill against.

Agree with you like usual r0ach.

But I've a few questions regarding the above graph you've put a comment on,

1. I'm confussed now, is BTC a commiditoy or an assest ? And how do the centeral banks view it ?

2. Do you want to say that the new normal for the central banks will be is buying BTC ? If yes, kindly elaborte more about it.

Thanks my friend

[JayJuanGee]

In my opinion i think we will hover under 500 usd dollars until early september

lol no.  The odds of it being below $500 on the day the halving occurs are 0.  Even bears like MatTheCat that hate BTC and want it to die talk about not being surprised if it pumped to something like $600 soon before the halving even occurs. 

There is almost nothing that is absolute regarding the future, and even more so if we are talking about a specific price range of an asset.

The day of the halving is predicted to be about July 11 - ish?  I personally do not have enough guts to predict any kind of absolute numbers, but since we are talking about a price threshold ($500) that is greater than the current price $458, I would estimate that the odds are greater than 20% that prices will be above $500 on that day...

However, the contrary prediction that prices will be below $500, the percentages have to be different, no? or is it the same question?   I would say that the odds are at least 30% that the price could be below $500 on the day of the halving.  I hope that I am not contradicting myself by the mere rephrasing of the proposition..... but for some reason I think about the odds differently, depending upon how the proposition is phrased.  It may just be that I have a bit of a range of uncertainty pertaining to the probability in my own thinking?

[r0ach]

JayJuanGee, I'm going to need you to stop eating MSG filled hotpockets in the basement.  If you don't know that the price will be over $500 on the day of the halving, then you don't understand these markets.

[Wolf Rainer]

February?

BAAAAA!!! HAAAAA!!! HAAAAAA!!!!

Stop it! It's too much!!

You're such a tiny little man!

Why do you have such a huge problem with being held accountable for what you said in the past?

Do your posts have an expiration date, after which you are no longer responsible for their (spectacularly wrong) assertions?

Your Hillaryesque "Old news is old; at this point what difference does it make?" deflection doesn't change the fact you got #REKT.

BAAAAAA!!!! HAAAAAA!!! HAAAAA!!!



Seriously! This is too much!!!

And you're outside of your pathetic little echo chamber, so you can't even delete my posts!



You lot of whining ninnies kind of lose track of the real world in there, don't ya?

Well, at least you're kind enough to comfort Gmaxwell, and tell him what he wants to hear.

I'm not sure if that makes you human, but at least you serve a purpose. Sort of. Maybe.

OMG 11 years old. Stop trolling or i will call your mom.

[JayJuanGee]

JayJuanGee, I'm going to need you to stop eating MSG filled hotpockets in the basement.  If you don't know that the price will be over $500 on the day of the halving, then you don't understand these markets.

Haahahahahaha


I said my piece, and I appreciate your bullish optimism. 

Likely the odds are in favor or your prediction coming true (meaning greater than 50% to come true), but that likelihood, even if it happens to be 99.9999936% does not make the odds either 100% or 0% because we still have nearly two months before the occurrence of such predicted event.   

[Fatman3001]

February?

BAAAAA!!! HAAAAA!!! HAAAAAA!!!!

Stop it! It's too much!!

You're such a tiny little man!

Why do you have such a huge problem with being held accountable for what you said in the past?

Do your posts have an expiration date, after which you are no longer responsible for their (spectacularly wrong) assertions?

Your Hillaryesque "Old news is old; at this point what difference does it make?" deflection doesn't change the fact you got #REKT.

BAAAAAA!!!! HAAAAAA!!! HAAAAA!!!

[img ]https://media.giphy.com/media/FBnRXlSSDFNsc/giphy.gif[/img]

Seriously! This is too much!!!

And you're outside of your pathetic little echo chamber, so you can't even delete my posts!

[img width=300 ]https://media.giphy.com/media/l2JJDPxrVpDw3fbEI/giphy.gif[/img]

You lot of whining ninnies kind of lose track of the real world in there, don't ya?

Well, at least you're kind enough to comfort Gmaxwell, and tell him what he wants to hear.

I'm not sure if that makes you human, but at least you serve a purpose. Sort of. Maybe.

OMG 11 years old. Stop trolling or i will call your mom.

Ok, I get it. Fascists look out for each other. Good for you.

[Fakhoury]

JayJuanGee, I'm going to need you to stop eating MSG filled hotpockets in the basement.  If you don't know that the price will be over $500 on the day of the halving, then you don't understand these markets.

Did you notice my quote buddy ?

[r0ach]

1. I'm confussed now, is BTC a commiditoy or an assest ? And how do the centeral banks view it ?

I view Bitcoin 100% as a currency and not commodity.  Europe recognizes it as such.  The US govt claims it's a commodity.  Whatever they classify it as might be entirely motivated by existing taxation structure, so it's kind of irrelevant what random bureaucrats say.  If you try to look at it from an angle claiming that Bitcoin can't handle micro-transactions so that makes it a commodity, this is false.  All that means is it's a network for wealthy people to place large value transactions and people living in poverty will be priced out.

Having said that, I estimate you only need around 8MB blocks for Bitcoin to be utilized and spread by the middle/upper middle class of 1st world nations as a checkbook type device for large value transactions.  3.2MB blocks + payment channels might give you the equivalent or much higher than 8MB blocks, and that happens in the very near future.

We don't need every poor person in the world to use Bitcoin for it to have value.  People who have lots of money are the prime benefactors of Bitcoin because they have the most to lose when the bankers have a bank holiday and freeze their accounts for withdrawal.  People with extremely small amounts of money (very poor 3rd world nations) can still use centralized BTC debit card services if they can't afford on-chain transactions.

2. Do you want to say that the new normal for the central banks will be is buying BTC ? If yes, kindly elaborte more about it.

I think once the next Bitcoin bubble occurs, banks and ETFs will be forced into the market, and they'll pump Bitcoin way higher on top of the large gains it already makes.  The Winklevoss are some of the most cunning whales in this game having an ETF planned before the thing even got off the ground.  People like Max Keiser and Rpietila just bought early and that's about it.  Winklevoss bought and built the framework on top of that for it to explode to obscene levels.

[Fakhoury]

1. I'm confussed now, is BTC a commiditoy or an assest ? And how do the centeral banks view it ?

I view Bitcoin 100% as a currency and not commodity.  Europe recognizes it as such.  The US govt claims it's a commodity.  Whatever they classify it as might be entirely motivated by existing taxation structure, so it's kind of irrelevant what random bureaucrats say.  If you try to look at it from an angle claiming that Bitcoin can't handle micro-transactions so that makes it a commodity, this is false.  All that means is it's a network for wealthy people to place large value transactions and people living in poverty will be priced out.

Having said that, I estimate you only need around 8MB blocks for Bitcoin to be utilized and spread by the middle/upper middle class of 1st world nations as a checkbook type device for large value transactions.  3.2MB blocks + payment channels might give you the equivalent or higher of 8MB blocks, and that happens in the very near future.

We don't need every poor person in the world to use Bitcoin for it to have value.  People who have lots of money are the prime benefactors of Bitcoin because they have the most to lose when the bankers have a bank holiday and freeze their accounts for withdrawal.

2. Do you want to say that the new normal for the central banks will be is buying BTC ? If yes, kindly elaborte more about it.

I think once the next Bitcoin bubble occurs, banks and ETFs will be forced into the market, and they'll pump Bitcoin way higher on top of the large gains it already makes.  The Winklevoss are some of the most cunning whales in this game having an ETF planned before the thing even got off the ground.  People like Max Keiser and Rpietila just bought early and that's about it.  Winklevoss bought and built the framework on top of that for it to explode to obscene levels.

Well said, thanks bro

- When do you think we will platu, in other words, fireworks begin and the new era begins ?

- Could you please as well break down by a timeline from your view about about the coming phases of Bitcoin, e.g.

End of 2016 - Bitcoin is prepared from something

2017 - Mid 2018 - Start of instutional investors merging

and so on.

Edit 1 : - When do you expect to see the COIN ETF ?

[r0ach]

I read someone claim the last controversial ETF took seven years.  It might be a couple years from now, or it could even occur in 2017.  I could see them fast tracking it if the post-halving charts don't look like a completely ridiculous pump and dump going from like $500 to $10,000 and back to $1000 again.  People would think that's kind of suspicious.  If it went from $500 to $3200 then back to $1600, they would consider that OK and just price discovery/growing market.

[AlexGR]

Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?

[Fakhoury]

I read someone claim the last controversial ETF took seven years.  It might be a couple years from now, or it could even occur in 2017.  I could see them fast tracking it if the post-halving charts don't look like a completely ridiculous pump and dump going from like $500 to $10,000 and back to $1000 again.  People would think that's kind of suspicious.  If it went from $500 to $3200 then back to $1600, they would consider that OK and just price discovery/growing market.

Well said, could you please also answer the first two questions in the last post of mine.

I know I ask a lot but I enjoy learning from you.

[sniveling]

Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?

If an ETF wants to do business with customers in the USA it has to go through the USA regulatory procedure. There were offshore internet gambling sites that thought they could do business with customers in the USA without fear of legal action from the USA government. Most of them eventually got taken down by the USA government, and the owners were prosecuted.

[marcus_of_augustus]

Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?

If an ETF wants to do business with customers in the USA it has to go through the USA regulatory procedure. There were offshore internet gambling sites that thought they could do business with customers in the USA without fear of legal action from the USA government. Most of them eventually got taken down by the USA government, and the owners were prosecuted.

The US govvy 'protects' its tax cattle herd very jealously, the more than 4000 citizens per annum trying to leave have to dump their passports http://money.cnn.com/2016/02/08/news/americans-citizenship-renunciation/index.html and have to pay huge amounts of money and now IRS is actively stopping them from leaving by removing passports http://www.naturalnews.com/052138_IRS_US_passports_travel_restrictions.html