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

[Torque]

Torque

When I first showed back up you gently, but firmly, advised me not to feed the troll.

I'm here to return the favor.

I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time.

But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel?

[arklan]

Torque

When I first showed back up you gently, but firmly, advised me not to feed the troll.

I'm here to return the favor.

I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time.

But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel?

i second that. infofront, ban him.

[roach_lost]

That was the opposite of well said.  He didn't explain ANYTHING about how LN is going to solve any of the problems I listed in the quote below.  Bitcoin is a god damn cult of idiots, I swear.  Look at this sirazimuth's guy signature for fucks sake:

"Bitcoin...the future of all monetary transactions...and always will be"

That looks like it was written by a 3 year old.  No reasoning, no nothing.  Just "buy my centralized pump and dump scheme because ...I dunno!"

Explain how I can securely send gold or silver across the world for payment without any friction/transaction fee or middleman, or GTFOOH you idiot.

I can explain that easily.  Have you ever noticed that systems like Steam the game platform don't let you resell games you buy?  Probably because it would turn it's customers into competitors.  Why?  Because their model is based around the scam of pretending intellectual property has scarcity when it doesn't.  When you remove the artificial scarcity, their business collapses.  

What the fuck is bitcoin?  Absolutely nothing but the same artificial scarcity scam.  You're buying into a con and pretending artificial scarcity has value just like on Steam (unless your goal was to donate money to the game developer instead of participate in functional economics).  The lesson from Steam is that wealth does not exist in the digital world.  Everything digital is inherently valueless because it doesn't have scarcity.  No, artificial scarcity is not scarcity, it's a con job.

The answer is, you cannot send "money" digitally because money and wealth does not exist digitally.  The only thing you can send digitally are...IOUs....or valueless 0's and 1's, pick one.

Intellectual Property has scarcity. What has very limited scarcity is the ability to copy digital IP and by getting highly educated users to rent it in a way they cannot copy it works great as a way to keep charging fees for artificially scarce copying ability. The same is true for Netflix and others.

Everything is asymptotic. The closest to money and wealth commoners ever experience is the shadow on the wall of the cave projected by the owners. Whether it is in the form of taxed land, state currencies, company stocks or a heavily regulated productive business, they are all allowed to exist by the grace of the owners. Consequently, land, businesses, stocks, currency, digital or otherwise, are the truest form of money and wealth the vast majority of people anywhere will ever experience or even understand as such.

[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  

Finally... i take everything back!

Much much love BTC

[realr0ach]

I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time.

But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel?

Of course you want anyone banned that isn't hyping your pump and dump.  You don't give a shit about objective reality, only personal gain.  Same with most other sub-human scammers in this thread.  I explained to you why you cannot send money over the internet with no middleman, only IOUs, but that's not beneficial to your pump and dump so you claim it's "trolling".  Nice job pretending a second person didn't explain it to you either (no, that guy is not me):

You cannot securely or insecurely transfer any quantity of information across the world for payment or any other purpose without friction, transaction fees, middlemen, gravity, thermodynamics and other things alike which are part of how reality works. The same reality that has been developing for billions of years in which you and I are just one infinitesimal part.

Bitcoin is not a perpetual machine. You are buying into the illusion sold to you by the ones who want to enslave, at best, you and your descendants.

You are not your own bank when your mining cannot in any way influence a proof of work system.

You are not your own bank when your storage of bitcoin depends always upon third parties to continue on doing immense amounts of proof of work to keep it safe. Do you think they will always be happy with just fees and block rewards?

You could never securely send bitcoin across the world without any friction/transaction fee or middlemen. Friction was always there, transaction fees were always there and miners, ISPs, Operating Systems, computer hardware architectures, were all there as middlemen all along.

[arklan]

lol... yea, i just bought at 15100 a couple hours ago at the start of this down swing. bigger down than i expected, clearly. yikes.

[realr0ach]

lol... yea, i just bought at 15100 a couple hours ago at the start of this down swing. bigger down than i expected, clearly. yikes.

You've been here a long time.  You should remember how the phrase "bag holder" was used CONSTANTLY for years in a row on this thread.  That phrase mysteriously went extinct.  Everything is cyclical.  I have a feeling you are going to start seeing that phrase a lot more again.  Even the nonsensical, exponential TA fool you people worship named "Masterluc" said it was going to $10k.  Who the fuck would buy and hold at $15k???  

[Torque]

This down swing is weak, falling sell volume.

[ssmc2]

Proper double bottom incoming over the next few days

[yonton]

Bitcoin is struggling to recover this time. Ver is trying everything he can to sabotage the market.

[DaRude]

Torque

When I first showed back up you gently, but firmly, advised me not to feed the troll.

I'm here to return the favor.

I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time.

But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel?

i second that. infofront, ban him.

Why make the decision for the user, there's an ignore button that's just as useful, unless of course s/he manages to get another noob to quote him/her.

[criptix]

Proper double bottom incoming over the next few days

In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell  

[Torque]

Microsoft exec, head of decentralized identity weighs in. Oh yeah!

https://twitter.com/csuwildcat/status/944524657348055041

[realr0ach]

In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell  

We have seen LOTS of shorts squeezed on this rise.  When is the last time you remember seeing some cataclysmic longs squeezed to implode the price?  It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical.  The draught of long squeezes has to invert at some point.

[BitcoinBunny]

Microsoft exec, head of decentralized identity weighs in. Oh yeah!

https://twitter.com/csuwildcat/status/944524657348055041

LMAO. 

[roach_lost]

Torque

When I first showed back up you gently, but firmly, advised me not to feed the troll.

I'm here to return the favor.

I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time.

But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel?

i second that. infofront, ban him.

Why make the decision for the user, there's an ignore button that's just as useful, unless of course s/he manages to get another noob to quote him/her.

This is reasonable. Also, I am not realr0ach. I am certain he has lost, he is not.

[realr0ach]

Microsoft exec, head of decentralized identity weighs in. Oh yeah!

https://twitter.com/csuwildcat/status/944524657348055041

Please explain to me why any of us want our identity locked into a fucking blockchain?  You're basically applauding chain anchor that MIT tried to force onto bitcoin and people like Peter Todd were against.  Oh boy! Removal of privacy and anonymity!  Sounds awesome!  The only "cool" thing in the past about bitcoin was regulatory arbitrage.  All of these tertiary use cases are like state-empowering bullshit.  You're even talking about Microsoft here, a company that BACKPORTED all of their tracking systems from Win 10 to previous OS's solely to try and fuck the user.

[xhomerx10]

Torque

When I first showed back up you gently, but firmly, advised me not to feed the troll.

I'm here to return the favor.

I'm done. By confronting the troll directly and him not directly answering my question, I think anyone else reading this thread will understand that he's just wasting people's time.

But I ask you this then in return, why has he not been perma-banned from the WO thread? Or at least his posts deleted, if we ALL can agree that he's just a troll? Why should we all suffer this idiot whilst he constantly spams the WO thread with his drivel?

i second that. infofront, ban him.

Why make the decision for the user, there's an ignore button that's just as useful, unless of course s/he manages to get another noob to quote him/her.

 Infofront doesn't have ban powers anyway.  In fact, he's moderator of this thread only so all he can do is chew bubblegum or delete posts and he has a lot of gum.

[JayJuanGee]

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

Tungsten.

R0ach actually favors silver over gold. So the Tungsten argument is only going to be dismissed.

Why don't you suck roach's dick too?       Spouting off Roach's trolling talking points as if any of them were "insightful" or relevant to this thread (except to the extent that such relevance could show that PMs are old school and likely to be largely surpassed and surplanted by the many advantages of crypto currencies - especially the one that matters, our little friend, bitcoin).  

I'm only reminding everyone of the same old tired arguments that have been used. So FUCK off. No wonder lots of people have you on ignore. That insult you just lodged at me really triggers me. Who do you think you are telling me to go suck someone off? Don't even bother responding. I have you on perma-ignore now. Not going to be insulted by a snot nose kid.

You seem a little sensitive, if you cannot take a little criticism regarding your seeming series of pro-roach (recall a troll?) statements.       

[Ibian]

General reminder that talky man is a sophist. He argues for the sake of arguing.