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

[Elwar]

Depends on where you  live. Wellington is windy and gets a lot of rain, although the city is beautiful. I spent many years working in Wellington and I prefer it over Auckland. Auckland is nice but it has gotten expensive and crowded. Wine country of Hawkes Bay is fantastic.( Napier and Hastings) Great weather, many wineries, great food, fantastic bike riding.

The south island is extremely beautiful. I will be spending some more time there next year. So many great places. I want to go to Lake Tekapo. It is one of our dark sky reserves for seeing the night sky.
 

Was just in NZ yesterday. Well..Aukland airport 

I am in Tahiti now looking for a place.



French passport would suck but hopefully we can do something with a seastead citizenship.

[realr0ach]

No one left any positive comments for bitcoin judas.  

https://www.youtube.com/watch?v=TaN3jYQxmQU

Do you not see anything wrong with this picture?  "CEO of bitcoin.com" vs "CEO of blockstream.com".  That sure as fuck does not sound "decentralized" to me.  It sounds like corporate special interest groups trying to seize some type of public good and exploit it for their own interests.  It also reminds me of African derived banana republics like the nation of Haiti, a completely powerless nation whose military probably serves no purpose at all, but every low level negro in the entire country has given themselves the title of general.

[Gab0]

How many geniuses will continue trying to defend the bitcoin narrative as digital gold or layer of decentralized settlement for large financial institutions?

[realr0ach]

How many geniuses will continue trying to defend the bitcoin narrative as digital gold or layer of decentralized settlement for large financial institutions?

Being a "bitcoin maximalist" really means nothing more than you want to excercise usury against others in practice.  It means you want the entire world to be forced to use a single blockchain (that you of course cornered the market for first) for your own gain.  Nevermind the fact that it's inevitable govts would co-opt it since it's designed to centralize and turn it into a slavery system.  The righteous answer is the standard Ron Paul choice, that there should be a free market and people should be allowed to use whatever as money they want to.  It just so happens the noble metals like gold, silver, copper, etc, have the best objective traits for the task and would inevitably win, due to being impossible to create a digital currency that doesn't completely centralize.

[bitserve]

"Is Core laying the groundwork for a blocksize increase?"

https://coingeek.com/core-laying-groundwork-blocksize-increase/

Bullish! There's still hope!

[Torque]

Haha, so now the trolls are in an uproar because of the thought that Bitcoin maximalists won't even bother to hold altcoins because they know that such can be traded for as needed for day-to-day transactions?

Well they should be. Because Bitcoin is digital gold, that only has value that continues to increase because people to choose to hold it long term and not spend it.

Altcoins, not so much.

[alexeft]

How many geniuses will continue trying to defend the bitcoin narrative as digital gold or layer of decentralized settlement for large financial institutions?


....................

1) Nodes (regardless if they are transacting or not) are the ONLY ones that store and transmit the blockchain and choose what goes in and what does not. Therefore they are the only ones that ENFORCE the rules (like the 21 million coin limit).

2) The shop is not good because there's too many people? Noooooooooooooo! We've raised big interest and it's just impossible (or too dangerous) to be all things to all people. Even huge blocks would not do that.

3) Come back and say this in 100 years.

[realr0ach]

Because Bitcoin is digital gold

Let me get this straight.  You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold".  Talk about bad propaganda.

[d_eddie]

Back from beer time. More than one, actually. One too many, probably.
No dip to speak of. Awright, I'll check back later.
Gentlemen...

[Torque]

Because Bitcoin is digital gold

Let me get this straight.  You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold".  Talk about bad propaganda.

You're right, gold isn't even gold anymore, because the thing it used to be has been completely destroyed by Central Bank manipulation.

Bitcoin is a "digital commodity." Gold is just a shiny rock dug up from the ground.

There, fixed.

[BuyToHold]

Hope to see the price back to 19K before the 31th.

[Neo_Coin]

Back from beer time. More than one, actually. One too many, probably.
No dip to speak of. Awright, I'll check back later.
Gentlemen...

[criptix]

Well fuck me sold at 14.4 and now its 15.5

Why you do this to me BTC




And then i had to fight with fudders too.

INB4 emotional breakdown  

[realr0ach]

Because Bitcoin is digital gold

Let me get this straight.  You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold".  Talk about bad propaganda.

You're right, gold isn't even gold anymore, because the thing it used to be has been completely destroyed by Central Bank manipulation.

Bitcoin is a "digital commodity." Gold is just a shiny rock dug up from the ground.

There, fixed.

For all intents and purposes, gold and silver still work as perfectly fine as ever.  The term you're looking for is rehypothecation.  Lots of people who believe they're holding gold or silver hold none because the bank has rehypothecated them and given them worthless digital numbers instead, so the only people who hold any type of value are the ones who hold physical in their possession.  Everyone else has been robbed by the bank or sold coupons by the bank for metals that don't exist.  That's not a fault of metals, it's the fault of people trusting banks.  The metals didn't rob you, the bank did.

[HairyMaclairy]

BCH buywall being steadily dumped into.  The r/BTC pump group are too stupid to realize it is Ver and Jihan doing half the dumping.  

[mymenace]

Because Bitcoin is digital gold

Let me get this straight.  You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold".  Talk about bad propaganda.

You're right, gold isn't even gold anymore, because the thing it used to be has been completely destroyed by Central Bank manipulation.

Bitcoin is a "digital commodity." Gold is just a shiny rock dug up from the ground.

There, fixed.

For all intents and purposes, gold and silver still work as perfectly fine as ever.  The term you're looking for is rehypothecation.  Lots of people who believe they're holding gold or silver hold none because the bank has rehypothecated them and given them worthless digital numbers instead, so the only people who hold any type of value are the ones who hold physical in their possession, while everyone else has been robbed by the bank.

Yeah, they give you a piece of paper and say yes we are holding your gold, and then you feel safe....WHY!!!!!

I buy a bitcoin, I can track it monitor it, etc etc etc on a trusted ledger

this is beautiful

[criptix]

Because Bitcoin is digital gold

Let me get this straight.  You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold".  Talk about bad propaganda.

You're right, gold isn't even gold anymore, because the thing it used to be has been completely destroyed by Central Bank manipulation.

Bitcoin is a "digital commodity." Gold is just a shiny rock dug up from the ground.

There, fixed.

For all intents and purposes, gold and silver still work as perfectly fine as ever.  The term you're looking for is rehypothecation.  Lots of people who believe they're holding gold or silver hold none because the bank has rehypothecated them and given them worthless digital numbers instead, so the only people who hold any type of value are the ones who hold physical in their possession, while everyone else has been robbed by the bank.

Yeah, they give you a piece of paper and say yes we are holding your gold, and then you feel safe....WHY!!!!!

I buy a bitcoin, I can track it monitor it, etc etc etc on a trusted ledger

this is beautiful

Fudders will tell you that you are buying a chinese digital coin which in 10 years will be fully centralized and controlled by the chinese .gov.

[bones261]

Because Bitcoin is digital gold

Let me get this straight.  You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold".  Talk about bad propaganda.

You're right, gold isn't even gold anymore, because the thing it used to be has been completely destroyed by Central Bank manipulation.

Bitcoin is a "digital commodity." Gold is just a shiny rock dug up from the ground.

There, fixed.

For all intents and purposes, gold and silver still work as perfectly fine as ever.  The term you're looking for is rehypothecation.  Lots of people who believe they're holding gold or silver hold none because the bank has rehypothecated them and given them worthless digital numbers instead, so the only people who hold any type of value are the ones who hold physical in their possession, while everyone else has been robbed by the bank.

Yeah, they give you a piece of paper and say yes we are holding your gold, and then you feel safe....WHY!!!!!

I buy a bitcoin, I can track it monitor it, etc etc etc on a trusted ledger

this is beautiful

R0ach only advocates that you buy the actual bullion, not pieces of paper. Therefore, your argument isn't going to fly.  

[Torque]

Everyone else has been robbed by the bank or sold coupons by the bank for metals that don't exist.  That's not a fault of metals, it's the fault of people trusting banks.  The metals didn't rob you, the bank did.

But the end result is the same. As long as metals are priced in dollars, you'll never get what they are truly worth for them.

Guess you'll just have to wait on the ol' Apocalypse to come then. Don't hold your breath.

[gentlemand]

R0ach only advocates that you buy the actual bullion, not pieces of paper. Therefore, your argument isn't going to fly.  

Tungsten.