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

[BTCMILLIONAIRE]

I put Adolf Hitler on my ignore list. Or is it Angela Merkel? There isn't much difference these days it seems.

Thanks for demonstrating women are incapable of doing anything besides spamming political correctness and trying to adhere to whatever they perceive popular opinion is.

To be fair, politicians are just puppets (regardless of whether or not they are in the know). Politics is a huge farce.

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[julian071]

I guess that if we're debating conspiracies and trading insults there's not much to talk about pricewise? Good news, in my book.

[gentlemand]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this. The Bulgarian authorities seized 213,000 bitcoins from some pesky criminals. I wonder how and where and over how long they gathered so many coins.

No doubt some pencil necks will insist they will dump all on Yobit.

[bitserve]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this. The Bulgarian authorities seized 213,000 bitcoins from some pesky criminals. I wonder how and where and over how long they gathered so many coins.

No doubt some pencil necks will insist they will dump all on Yobit.

I read it yesterday I think, but disregarded thinking it is either wrong or maybe it refers to BTC-e funds? Maybe it is 213BTC?

[fabiorem]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this. The Bulgarian authorities seized 213,000 bitcoins from some pesky criminals. I wonder how and where and over how long they gathered so many coins.

No doubt some pencil necks will insist they will dump all on Yobit.

Bulgarian FUD or futures FUD? We will have to pick one.

[realr0ach]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this.

Yea, I was surprised nobody was freaking out over a $3 billion govt dump.  It will likely be auctioned off like all other confiscations, but still, who the fuck wants to buy $3 billion of imaginary bitcoins using wealth that took generations to acquire?  Especially when you have things like bitcoin cash and all these other forks going on.  It's not longer safe to pretend there's only one chain.  You could be buying $3 billion of invalid chain lol.

[gentlemand]

Bulgarian FUD or futures FUD? We will have to pick one.

I choose Bulgarian. A much better vintage.

[orpington]

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Bitcoin is a cuckold movement.  It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words.  There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship".  I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized.  

If people are going to claim bitcoin requires a round table group to constantly adjust and make changes to it daily, then that already shows it was a scam from the start since it was a dictatorial technocracy by default that would eventually just be absorbed by TPTB that already exist.  So the development/administrative side of bitcoin is designed to completely centralize into monopoly, while the mining side (PoW) is also designed to do the exact same thing. Anyone with any type of macro perspective is flat out lying if they claim it's possible to create a decentralized digital currency.  Their inevitable evolution will always be centrally administered slave instruments.  Gold and silver do not have these problems.

But how do the Jews fit into all of this?

They (people like Larry Summers and Bernanke) promote cryptocurrency to the goyim and tell you that you should buy it instead of gold and silver, duh.  When the govt and jews (same difference in the US) both tell you to stay out of metals and buy cryptocurrency instead, that's about as big of a red flag as you can get.

I love the Jewish conspiracy stuff too. But I try not to fixate too much on it.

But I still think its a good idea to diversify into crypto though PMs are awesome too. Gotta make money to survive at least in the short run.

Conspiracy theory?  The biggest IQ pass or fail test ever administered was during the Ron Paul presidential campaign where each candidate on stage spent almost the entire time span talking about what they were going to do for Israel while not even mentioning America at all HAHA.  If people couldn't figure out what's going on from that alone, the average IQ of America must be closer to 70 or 80 than 100.

I never said it was a theory. Its a real conspiracy.

[HairyMaclairy]

I guess that if we're debating conspiracies and trading insults there's not much to talk about pricewise? Good news, in my book.

CBOE is going to be offering cash settled future insults in spring 2018.

[julian071]

Don't want to be talking my book here, but have you seen that the new Byteball wallet allows payments to any email-adress? I've been waiting for killer applications like that in bitcoin waaaaayyy to long.

Edit: LOL ^

[fabiorem]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this.

Yea, I was surprised nobody was freaking out over a $3 billion govt dump.  It will likely be auctioned off like all other confiscations, but still, who the fuck wants to buy $3 billion of imaginary bitcoins using wealth that took generations to acquire?  Especially when you have things like bitcoin cash and all these other forks going on.  It's not longer safe to pretend there's only one chain.  You could be buying $3 billion of invalid chain lol.

A hedge fund can buy those coins from the bulgarian state and dump it selling contracts for shorts at CME, then apllying 10x leverage to win the bet and buy back the coins at a low price.

[CornCube]

Re: John McAfee Bets His Manhood that BTC will reach $1 mil by 2020

McAfee is always bold and getting crazier than ever. He might be right but most probably it won't. If it won't happen he'll just say that people are crazy if they believe he will cut it. It was more like an expression that he risked a lot of amount in bitcoin.

He’s just promoting his altcoin, his projects, himself. He knows that Bitcoin is mostly young males would be fixated on losing their dicks.

IOW, smart marketer.

Do not take speculation advice from a marketer.

Bitcoin is a cuckold movement.  It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words.  There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship".  I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized.  

But how do the Jews fit into all of this?

Not Jews. The Zionists. Which is another way of saying the banksters. Mossad did 9/11. The evidence presented by PhDs is overwhelming. The evidence is much more complete and professionally analysed now than it was a decade ago.

They probably created Bitcoin as way to enslave the nation-states in a reserve currency they surreptitiously control, which can’t be resisted by the politics and laws of any nation. It’s creative destruction of the nation-states into the NWO.

And @roach is nonsensical with his tinfoil hat precious metals fetish.

[BTCMILLIONAIRE]

Don't want to be talking my book here, but have you seen that the new Byteball wallet allows payments to any email-adress? I've been waiting for killer applications like that in bitcoin waaaaayyy to long.

Edit: LOL ^

It does? Or am I getting trolled?

[gembitz]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this. The Bulgarian authorities seized 213,000 bitcoins from some pesky criminals. I wonder how and where and over how long they gathered so many coins.

No doubt some pencil necks will insist they will dump all on Yobit.

then when is the fake ico crowdfunding circle jerk coming from this camp? :-D bwaahaha

[realr0ach]

And @roach is nonsensical with his tinfoil hat precious metals fetish.

The jewish controlled US is not going to force the rest of the world to use a digital only slave currency instead of metals.  You must have forgot Russia, China, Iran, and numerous other nations exist, and these nations are acquiring metals for a reason.  Claiming metals will lose is the equivalent of claiming the jewish controlled US is going to start a nuclear war and somehow win it while not being destroyed itself.  There are not enough stupid people who are rich for bitcoin to win when everyone will prefer taking metals in settlement over imaginary bitcoins in settlement for their real world wealth anyway.  Or as I've stated 5000 times before, it's completely impossible for bitcoin to defeat metals as the base of Exter's pyramid.  Bitcoin is just a meaningless currency like airline miles, not money, and that's the way the invisble hand of the market will play out when putting metals vs bitcoin against each other in the end.

[julian071]

Don't want to be talking my book here, but have you seen that the new Byteball wallet allows payments to any email-adress? I've been waiting for killer applications like that in bitcoin waaaaayyy to long.

Edit: LOL ^

It does? Or am I getting trolled?

https://medium.com/byteball/sending-cryptocurrency-to-email-5c9bce22b8a9

[CornCube]

And @roach is nonsensical with his tinfoil hat precious metals fetish.

The jewish controlled US is not going to force the rest of the world to use a digital only slave currency instead of metals.  You must have forgot Russia, China, Iran, and numerous other nations exist, and these nations are acquiring metals for a reason.  Claiming metals will lose is the equivalent of claiming the jewish controlled US is going to start a nuclear war and somehow win it while not being destroyed itself.  There are not enough stupid people who are rich for bitcoin to win when everyone will prefer taking metals in settlement over imaginary bitcoins in settlement for their real world wealth anyway.  Or as I've stated 5000 times before, it's completely impossible for bitcoin to defeat metals as the base of Exter's pyramid.

…

You’re going to miss out on $1 million per BTC in 2026 with your silly tinfoil hat precious metals delusion.

You're promoting a cuckold movement:

[…]

I told you upthread that fungible monetary systems are the property of Satan. You’re wasting your time idolizing shiny pieces of metal thinking that is a solution to anything.

We’re moving into a knowledge age. I will not repeat all the upthread explanations and links. Readers can scroll back.

Unless you're trying to channel Coincube over here, it's kind of ludicrous you claim to know what god is.

Satan can be characterized as the collective failure of humans, e.g. as it says in the Bible that 666 is the number of a man.

The images of Satan as some devilish creature can be construed to be an attempt to visualize this collective failure. It doesn’t necessarily mean that Satan is that creature.

We should also define failure in this context. Failure is an integral facet of the inexorable universal trend towards maximum entropy. Fungible systems tend towards top-down, economies-of-scale, thus must eventually be destroyed by creative destruction in order for maximum entropy to progress. Yet they are expedient and necessary along the way. They for example harbor stability for a while.

[BTCMILLIONAIRE]

Don't want to be talking my book here, but have you seen that the new Byteball wallet allows payments to any email-adress? I've been waiting for killer applications like that in bitcoin waaaaayyy to long.

Edit: LOL ^

It does? Or am I getting trolled?

https://medium.com/byteball/sending-cryptocurrency-to-email-5c9bce22b8a9

Very nice, thanks.

Can we expect this on Bitcoin at any point?

[HairyMaclairy]

Don't want to be talking my book here, but have you seen that the new Byteball wallet allows payments to any email-adress? I've been waiting for killer applications like that in bitcoin waaaaayyy to long.

Edit: LOL ^

It does? Or am I getting trolled?

https://medium.com/byteball/sending-cryptocurrency-to-email-5c9bce22b8a9

Looks like the same functionality as a Reddit tip bot. 

[AlexGR]

http://www.zerohedge.com/news/2017-12-08/bulgaria-government-shocked-discover-it-owns-3-billion-bitcoin

Ain't seen any mention of this. The Bulgarian authorities seized 213,000 bitcoins from some pesky criminals. I wonder how and where and over how long they gathered so many coins.

No doubt some pencil necks will insist they will dump all on Yobit.

What I find odd in all these confiscation stories is the password protection of confiscated bitcoins. I mean ok, the authorities might have access to a wallet.dat which says it has XXXX bitcoins in it, but from there to actually accessing the funds is quite some distance away - assuming there is a wallet key protecting the funds.

That's why I'm assuming that most authorities' "confiscations" do not necessarily translate to getting access to those coins.

In such cases of confiscating bitcoins, the effect on the market is actually the opposite of what is described or implied (dumping): More btc removed from circulation as no-one has access to it (not the criminals who know the password but don't have the wallet, nor the government who has the wallet but doesn't know the password).