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

[Icygreen]

This is called distribution and its precisely the reason it will work.

A pump and dump is not "distribution".  A bitcoin is an imaginary object that provides no real world utility.  You can't eat it, you can't build something with it, you can do nothing with it but try to con someone into giving you a real world object of value for it.  This is why any monetary instrument not connected to the real world as physical commodity is inherently an immoral scam whether it's US dollars or bitcoins:

The real crux of the situation is that money is an imaginary or social construct humans use to try and gain leverage over one another, and so the further you abstract human trade away from barter, the bigger an immoral scam you have created.  THIS is why only physical commodity currencies can be money, whether it's gold, silver, oil, wheat, or what have you.  Anything that does not have some type of roots in the real world is a flat out scam because you're inherently trying to con other humans into accepting something of no value for a real world good of value.

You're taking on societies entire value constructs with your argument which is ironically one of the largest utilities of bitcoin today.   Borderless, trustless, deflationary, voluntary participation, secure, indiscriminate, and unrevocable. All the things central banking can't be. It offers peaceful participation of choice in the monetary revolution we're seeing today and that sir is a massive utility towards positive change.  I participate because I believe this.

[afbitcoins]

This is called distribution and its precisely the reason it will work.

A pump and dump is not "distribution".  A bitcoin is an imaginary object that provides no real world utility.  You can't eat it, you can't build something with it, you can do nothing with it but try to con someone into giving you a real world object of value for it.  This is why any monetary instrument not connected to the real world as physical commodity is inherently an immoral scam whether it's US dollars or bitcoins:

The real crux of the situation is that money is an imaginary or social construct humans use to try and gain leverage over one another, and so the further you abstract human trade away from barter, the bigger an immoral scam you have created.  THIS is why only physical commodity currencies can be money, whether it's gold, silver, oil, wheat, or what have you.  Anything that does not have some type of roots in the real world is a flat out scam because you're inherently trying to con other humans into accepting something of no value for a real world good of value.

You're taking on societies entire value constructs with your argument which is ironically one of the largest utilities of bitcoin today.   Borderless, trustless, deflationary, voluntary participation, secure, indiscriminate, and unrevocable. All the things central banking can't be. It offers peaceful participation of choice in the monetary revolution we're seeing today and that sir is a massive utility towards positive change.  I participate because I believe this.

well said

[luckygenough56]

looks like a top to me but who am i to call it 

[jojo69]

yep, it's a top

the most recent in a long and illustrious line of tops

your point?

[TERA2]

It's would be a small top which is rarely attractive.

[infofront]

I find it quite amusing that the debate has degenerated to deliberately calling one variant of bitcon versus the other by the wrong name.

think i'll try it.

BCASH BCASH BCASH

hehehehe yes its amusing

Saying that there are variants of bitcoin plays into the bcash team's hands.

There is one bitcoin.

[Rosewater Foundation]

I find it quite amusing that the debate has degenerated to deliberately calling one variant of bitcon versus the other by the wrong name.

think i'll try it.

BCASH BCASH BCASH

hehehehe yes its amusing

Saying that there are variants of bitcoin plays into the bcash team's hands.

There is one bitcoin.

QFT. Never let your guard down.

[xhomerx10]

Explains a few things.

TBH, and I'm not proud to admit this, but with this unbelievable rise, it's resulted in an increased consumption of beer

There was a period last night where my cryptoholdings went +~$2M over the course of drinking a single beer.

Sheeeeit.

 You could own all of Butte and everybody in it one day.
BobLawblaw - the king of Butte

[jojo69]

BobLawblaw - the king of Butte

pardons all the cows

fills in the copper pit

[explorer]

BobLawblaw - the king of Butte

pardons all the cows

fills in the copper pit

Can he fill it with bankers?  People will pay to see...  Makes me sad that I didn't pay to see it in September and October when I was there.  Never again. 

[TERA2]

bye bye

[sirazimuth]

well ok... at least he didn't mention tulips.....

https://www.forbes.com/sites/modeledbehavior/2017/12/16/why-i-would-bet-against-bitcoin/#646d91787fe8

incoming score!!  (as in twenty...you folks know what I mean)

[jojo69]

the hell is an "SC"?

[OWZ1337]

the hell is an "SC"?

LITECOIN CASH now gtfo ====>   WEEEEEEEEEEEEEEEEEEEEEEEEEEE

https://poloniex.com/exchange#btc_flo

https://www.flocash.com/en_US/

[sirazimuth]

the hell is an "SC"?

siacoin

https://coinmarketcap.com/currencies/siacoin/

[jojo69]

the hell is an "SC"?

siacoin

https://coinmarketcap.com/currencies/siacoin/

thanks...and sorry about el humungo pic

[Spaceman_Spiff_Original]

thanks...and sorry about el humungo pic

You can make images smaller like this: [img width=300]

[jojo69]

thanks Spiff

[OWZ1337]

the hell is an "SC"?

siacoin

https://coinmarketcap.com/currencies/siacoin/

thanks...and sorry about el humungo pic

dump your dogshit and buy LitecoinCash(florins)===> it will surly disrupt the banksters :-D weeeee #occupycrypto

https://poloniex.com/exchange#btc_flo

[TERA2]

What cant I think of Occupy without thinking of a portapotty.