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

[realr0ach]

Bitcoin was released right at a time where the bankers knew debt based fiat was going into cascading deflationary collapse since in this fraudulent system debts are considered assets instead of liabilities.  This is why the evil Jew sheklers running the system starting spamming the phrase "helicopter money" and "basic income" as an actual serious proposed solution.  The system either collapses in deflation, or they print and....it collapses anyway, just a few days later from hyperinflation.

If used as a dollar substitute, bitcoin for all intents and purposes IS helicopter money (bitcoin currently is a dollar derivative and not substitute).  So they probably released this bullshit as part of that plan.  It's just that the market was completely cornered due to ASIC manufacturers right after it was released, making distribution terrible, rendering the entire exercise pointless and not "helicopter money" anymore since the so called money only goes to a couple people.  It appears they continued with their pointless plan anyway and tried to raise the bitcoin price.  After this move completely fails to raise money velocity or do anything for the economy, there will be some type of implosion and they will do real helicopter money or basic income into people's bank accounts.

[Mariowot]

that is ridiculous

[fragout]

This is all going to end in tears.

Tears for the hodlers or tears for the dumpers. Without doubt the craziest day yet in cryptoland. I am burnt out and need to rest mind and body.
Its the first time ever i wanted the price to fall, just to stop or slow down the frenzy.
Its taking a dive as i write this so maybe that will take the steam out of it.

[erre]

Bitcoin was released right at a time where the bankers knew debt based fiat was going into cascading deflationary collapse since in this fraudulent system debts are considered assets instead of liabilities.  This is why the evil Jew sheklers running the system starting spamming the phrase "helicopter money" and "basic income" as an actual serious proposed solution.  The system either collapses in deflation, or they print and....it collapses anyway, just a few days later from hyperinflation.

If used as a dollar substitute, bitcoin for all intents and purposes IS helicopter money (bitcoin currently is a dollar derivative and not substitute).  So they probably released this bullshit as part of that plan.  It's just that the market was completely cornered due to ASIC manufacturers right after it was released, making distribution terrible, rendering the entire exercise pointless and not "helicopter money" anymore since the so called money only goes to a couple people.  It appears they continued with their pointless plan anyway and tried to raise the bitcoin price.  After this move completely fails to raise money velocity or do anything for the economy, there will be some type of implosion and they will do real helicopter money or basic income into people's bank accounts.

That would be funny if some unknown jew decide to airdrop my bank account, I would use that fiat to buy btc and that would be like a btc airdrop 

Please say your jews to hurry up with their plans 

[JimboToronto]

Well, well, well. I see another lovely correction.

Just what the doctor ordered. We don't need no stinkin' bubbles.

 

[BitcoinBunny]

That's it. Crypto's dead.

[HanvanBitcoin]

Well, well, well. I see another lovely correction.

Just what the doctor ordered. We don't need no stinkin' bubbles.

 

That  quick bounce back up though 

[realr0ach]

Kind of hilarious the scammers are trying to pump bitcoin when this news just came out which should be making it crash instead:

http://www.cryptocoinsnews.com/game-over-steam-no-longer-accepts-bitcoin-due-to-high-fees-and-volatility/

What more of a sign do you need that bitcoin fails as a "peer to peer payment system" and only functions as a centralized settlement network like the banker scam networks such as SWIFT that already exist?  And no, Lightning does not solve this issue.  It's not possible to create a decentralized digital currency.  Bitcoin is already centralized and Lightning makes it even more so.

[vroom]

please, someone turn off my internet. I can not get a single thing done

[BTCMILLIONAIRE]

This is all going to end in tears.

Lots of people going to cry over not jumping on the train.

[Torque]

Bitcoin was released right at a time where the bankers knew debt based fiat was going into cascading deflationary collapse since in this fraudulent system debts are considered assets instead of liabilities.  This is why the evil Jew sheklers running the system starting spamming the phrase "helicopter money" and "basic income" as an actual serious proposed solution.  The system either collapses in deflation, or they print and....it collapses anyway, just a few days later from hyperinflation.

If used as a dollar substitute, bitcoin for all intents and purposes IS helicopter money (bitcoin currently is a dollar derivative and not substitute).  So they probably released this bullshit as part of that plan.  It's just that the market was completely cornered due to ASIC manufacturers right after it was released, making distribution terrible, rendering the entire exercise pointless and not "helicopter money" anymore since the so called money only goes to a couple people.  It appears they continued with their pointless plan anyway and tried to raise the bitcoin price.  After this move completely fails to raise money velocity or do anything for the economy, there will be some type of implosion and they will do real helicopter money or basic income into people's bank accounts.

Actually r0ach, Bitcoin wasn't a spawn by the evil jew banksters. Bitcoin was really a conspiracy created by the aliens. Or more specifically, the Scientologists.

You see, L.Ron Hubbard was directly given the Bitcoin blockchain technology by the aliens. He gave it directly to David Miscavige upon his passing. Mr. Miscavige then got together with fellow Scientologists Tom Cruise, John Travolta, Gavin Andresen, and Will Smith and concocted a master plan to release Bitcoin upon the world to take over all worldwide fiat monetary control, before The Great Alien Invasion could begin in earnest.

It wasn't until Leah Remini spoiled their evil plans by breaking free of the Scientology cult and releasing the Bitcoin codebase as open source, and also sending the first workable developer version to Mt. Gox CEO Mark Karpelès.

Then all hell broke loose...

[jojo69]

I will insert my dick in a toaster if BTC touches 15K

most unwise, how is your dick Dotto?

[savetherainforest]

This is all going to end in tears.

Lots of people going to cry over not jumping on the train.

Exactly.

I also see more buying than selling.

This is it I guess. Price will go up, and up, and up! And will not come down. People will work for pennies for them bitcoins.

Seriously now, someone does not want common folk to get inside at a reasonable price. WTF is this??



https://www.youtube.com/watch?v=jPLKXEUm0jE

[metacoin]

It's almost as if Satoshi knew that specialized hardware and data centers would be created to mine bitcoin, told everyone about it, and it wasn't at all a surprise to anyone that this happened.

Bitcoin is decentralized, moreso than any other currency, and right now is best used as a digital store of value. That's a good start. Using it as currency is also possible, but clearly we're going through some growing pains, as the current explosive influx of users and interest was unforeseen.

[HanvanBitcoin]

BTCought the dip

[SecondLeoTheSecond]

This is all going to end in tears.

Lots of people going to cry over not jumping on the train.

Exactly.

I also see more buying than selling.

This is it I guess. Price will go up, and up, and up! And will not come down. People will work for pennies for them bitcoins.

Seriously now, someone does not want common folk to get inside at a reasonable price. WTF is this??



https://www.youtube.com/watch?v=jPLKXEUm0jE

if this price is reasonable we will only know in a couple of years

[kurious]

I will insert my dick in a toaster if BTC touches 15K

most unwise, how is your dick Dotto?

I just tried it.

I did find that it only hurts if you leave it in with the toaster on.  I would advise against that, you're right it is most unwise.

[Syke]

Holy shit wtf coinbase

That's a premium I just can't ignore. Off to +1 their userbase...

[arklan]

I will insert my dick in a toaster if BTC touches 15K

most unwise, how is your dick Dotto?

To be fair, he didn't say he'd turn it on.

Also, the fuck is going on? Coinbase so high, others so low, where's the arbitrage?

[BTCMILLIONAIRE]

This is all going to end in tears.

Lots of people going to cry over not jumping on the train.

Exactly.

I also see more buying than selling.

This is it I guess. Price will go up, and up, and up! And will not come down. People will work for pennies for them bitcoins.

Seriously now, someone does not want common folk to get inside at a reasonable price. WTF is this??



https://www.youtube.com/watch?v=jPLKXEUm0jE

if this price is reasonable we will only know in a couple of years

Or you can do some fundamental analysis and make a conclusion right now.

I will insert my dick in a toaster if BTC touches 15K

most unwise, how is your dick Dotto?

To be fair, he didn't say he'd turn it on.

Also, the fuck is going on? Coinbase so high, others so low, where's the arbitrage?

It can't keep up as per usual.

The forum seems to be overloaded too, or is it just me?