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

[roach_lost]

I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish.

That has zero to do with it.  The US produces BARELY ANY silver at all.  They rigged the price of silver to both try and prop up the debt based scam dollar, plus it means the US pays nothing for all the silver it imports.  It also means nations like Mexico give away some of their most precious assets for nothing.  All that is now changing.

Many of these other nations they tried to impoverish on purpose started hoarding gold (like India and numerous arab states).  So now there is no real incentive for organizations like the Pilgrim society to prop up gold and suppress silver.  If anything, there's now more incentive to let silver rise and suppress gold.  None of the world powers want places like India to all become millionaires overnight.  That would just mean the other nations are their slaves, and why would anyone be a slave to India?  The fact India has lots of gold means the price of gold is capped at a certain point but silver can moonshot.

Fort Knox doesn't have the gold there either and JP Morgan has acquired an enormous amount of silver on behalf of the US govt as part of their plan B, C, D, E, F, G when the monetary system blows up; that and strategic reserve. So as you can see, silver is not going to be suppressed much longer since there's no real reason to.  When the metals sector breaks free, they aren't going to try and stop silver from ripping people's faces off.

Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver.

There is a reason China now issues silver in the same acrylic, protective capsules as they do gold.  You just haven't seen why yet.

Silver as well as all precious metals have a long future of suppression at least until full blockchain adoption is in place. By then only the inner party will be able to use their blockchain money for pm purchases so everyone will be happy by default.
You will learn not to even want it eventually, particularly when there is absolutely no way to use your tokens to get it and everyone you know was born in the same system.

Haha.  The jews have far overplayed their hand and everyone knows it's them pushing for a cashless society slave system and all the other horrors they're behind. The more they push from here, the faster the rest of the planet will dispose of them for good.  They are the biggest paper tiger that has ever existed and will be shocked at how fast they're exterminated.

https://i.imgur.com/CZcLk55.gif

Hating another group the actual owners want you to hate isn't very enlightened and it is a little disappointing.

Are the odds not very high that the Jews are just another one of the groups they hide behind? It would be too obvious otherwise.
The owners have been generating hatred for groups they can hide behind for all of history, what would be different now?

Having you hate whatever group that is too broad to isolate them is very productive for them so why have you fallen in this trap so deeply despite seeing so much? It would be much easier to realize the reality that is the owners are too small of a group to ever be correctly identified when the scale is that of a major religion or race. It would then be very obvious too that you are being played and there is no meaningful power to you or yours, only occasional appearance of power when someone wins the lottery or does well in the casino. All by design to keep reality going.

If you were part of the owners you would do to others exactly what they do to you, just with a different label, so why not just admit jealousy and live without hatred and always improving yourself, enjoying every tiny amount of real power anonymity allows you to enjoy as long as you keep your thoughts to yourself?

[Rosewater Foundation]

hooo boy, here we go again

[arklan]

Prediction game date request
September 8th 2018
 28/09/2018

[OWZ1337]

hooo boy, here we go again

R.I.P. BITPAY  ===> https://blog.bitpay.com/minimum-invoice-update/

[roach_lost]

hooo boy, here we go again

R.I.P. BITPAY  ===> https://blog.bitpay.com/minimum-invoice-update/

BTC winter starts now.

[Rosewater Foundation]

hooo boy, here we go again

https://blog.bitpay.com/minimum-invoice-update/

We will be working in the coming months to implement Segregated Witness (Segwit) in various parts of our platform. Segregated Witness reduces the size of bitcoin transactions, allowing for an average bitcoin miner fee reduction of over 40%.

Good!

[TERA2]

The only reason any merchant accepts bitcoin is because of services like Bitpay that instantly dump for fiat

[Rosewater Foundation]

The only reason any merchant accepts fiat is because of services like da gubmint that instantly create moar

True

[jbreher]

I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days.

That would be bracing! I have standing buy orders all the way down to there and further yet.



I've pulled enough fiat out this sucka in the last few weeks to get me through another crypto winter. See ya at the next halving?

'Cause we know it is inevitable that it will hit ATHs again some day. The only question being when.

Well, unless it is killed off by a preference for the other fork, that is.

Your orders are way too close together - especially for someone who is supposedly more experienced and for someone who has built some equity.

Hey - Butt The Fuck Out. And I say that in the most loving way. ::wink::

Really, I mean to say, you trade the way you want, and I'll trade the way I want. My 'too close together' orders netted me several BTC last night. I'm doing just fine, thankyouverymuch.

After all, what the hell else am I gonna do with the fiat side profits?

[TERA2]

Creation of fiat is neccessary because they amount of goods, services, and people are constantly growing. If there was no new fiat, fiat would be deflationary and then nobody would spend it - only hoard it like bitcoins.

[roach_lost]

The only reason any merchant accepts bitcoin is because of services like Bitpay that instantly dump for fiat

Having merchants take bitcoin was retarded anyway. Centralization will always be required for dust. bitcoin is for the ultra nation, not the commoners. Bitcoin as a protocol is for everyone.

[jbreher]

I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days.

That would be bracing! I have standing buy orders all the way down to there and further yet.



I've pulled enough fiat out this sucka in the last few weeks to get me through another crypto winter. See ya at the next halving?

'Cause we know it is inevitable that it will hit ATHs again some day. The only question being when.

Well, unless it is killed off by a preference for the other fork, that is.

Your orders are way too close together - especially for someone who is supposedly more experienced and for someone who has built some equity.

Maybe he’s actually a bot?

Actually that is a good point.  A bot could actually reasonably set orders closer together than any real person would want to tolerate.

OTOH, a bot that left a hole at $7500 would be a very funny bot indeed.

It's actually not that time consuming. Just look over at the other monitor from time to time, and enter one order for each executing order.

Although a bot might be handy...

[Rosewater Foundation]

Creation of fiat is neccessary because they amount of goods, services, and people are constantly growing. If there was no new fiat, fiat would be deflationary and then nobody would spend it - only hoard it like bitcoins.

I understand. But thank you.

[jojo69]

Creation of fiat is neccessary because they amount of goods, services, and people are constantly growing. If there was no new fiat, fiat would be deflationary and then nobody would spend it - only hoard it like bitcoins.

hold the phone there Tex.

this sphere is finite.  An economy that has to grow to survive is not sustainable.

[alexeft]

An economy that has to grow to survive is not sustainable.

Exactly! And when we find where the limit is, it will be really painful!

[TERA2]

Creation of fiat is neccessary because they amount of goods, services, and people are constantly growing. If there was no new fiat, fiat would be deflationary and then nobody would spend it - only hoard it like bitcoins.

hold the phone there Tex.

this sphere is finite.  An economy that has to grow to survive is not sustainable.

At that time the creation of fiat can decrease. It's not like it's hardcoded.

[TERA2]

[jojo69]

At that time the creation of fiat can decrease. It's not like it's hardcoded.

The inflation incentivizes immediate consumption resulting in the tsunami of disposable crap we see today.  It is not just that we CAN build a deflationary economy, we HAVE to.

This is one of the main things Bitcoin has the potential to help fix.

[alexeft]

Creation of fiat is neccessary because they amount of goods, services, and people are constantly growing. If there was no new fiat, fiat would be deflationary and then nobody would spend it - only hoard it like bitcoins.

hold the phone there Tex.

this sphere is finite.  An economy that has to grow to survive is not sustainable.

At that time the creation of fiat can decrease. It's not like it's hardcoded.

It is hardcoded. Fiat is only issued as a loan. Such massive loans require a growing economy so it becomes possible to pay them out (with more loans of course).

Not to mention the legal system. What exactly happens when everything is a loan?

[alexeft]

Falllllliiiiiing!!!!