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

[pfrtlpfmpf]

Is everyone ready with two mortgages on their house and maximum leverage?

I even sold my grandmother !  

I´ll buy her back, promise.

[realr0ach]

Is everyone ready with two mortgages on their house and maximum leverage?

Not sure if there's much point.  When the bubble finally fully implodes down to like $4k or whatever it's going to crater to, sentiment for this market is going to be in the dumpster for a good duration of time so you'll just be sitting on sideways btc for a year or more like when it went sideways at $200 and $400 forever.  But you might get a good short term trade on the initial implosion.

[pfrtlpfmpf]

Is everyone ready with two mortgages on their house and maximum leverage?

Not sure if there's much point.  When the bubble finally fully implodes down to like $4k or whatever it's going to crater to, sentiment for this market is going to be in the dumpster for a good duration of time so you'll just be sitting on sideways btc for a year or more like when it went sideways at $200 and $400 forever.  But you might get a good short term trade on the initial implosion.

You must be the most negative person, i´ve ever seen.
Thanksfully, theres demand and offer, which dictates the price ! And demand is just great now. For whatever reason.

[TERA2]

Yay my first ignore. Isn't the word for someone who ignores people or things "ignorant"?

[realr0ach]

Is everyone ready with two mortgages on their house and maximum leverage?

Not sure if there's much point.  When the bubble finally fully implodes down to like $4k or whatever it's going to crater to, sentiment for this market is going to be in the dumpster for a good duration of time so you'll just be sitting on sideways btc for a year or more like when it went sideways at $200 and $400 forever.  But you might get a good short term trade on the initial implosion.

You must be the most negative person, i´ve ever seen.
Thanksfully, theres demand and offer, which dictates the price ! And demand is just great now. For whatever reason.

Yes! It's so "negative" to not join the crowd of delusional lemmings that praise a non-fungible, centralized, permissioned ledger, govt tracking system with built-in usurious middlemen!  Why invest in real money like silver and gold at cost of production floor when you can buy imaginary tokens that are virtually identical to the cashless society slave system the govt wants to place you in.

[pfrtlpfmpf]

Yay my first ignore. Isn't the word for someone who ignores people or things "ignorant"?

You just shot yourself in the foot, right there  

[explorer]

Yay my first ignore. Isn't the word for someone who ignores people or things "ignorant"?

 Without a glowing button, it just isn't the same.  

[TERA2]

Lots of posters are accused of talking their book, but how do you know they haven't actually reached the next level and are playing poker with you where they're actually talking the opposite of their book because they know you think they're talking their book?

[pfrtlpfmpf]

Is everyone ready with two mortgages on their house and maximum leverage?

Not sure if there's much point.  When the bubble finally fully implodes down to like $4k or whatever it's going to crater to, sentiment for this market is going to be in the dumpster for a good duration of time so you'll just be sitting on sideways btc for a year or more like when it went sideways at $200 and $400 forever.  But you might get a good short term trade on the initial implosion.

You must be the most negative person, i´ve ever seen.
Thanksfully, theres demand and offer, which dictates the price ! And demand is just great now. For whatever reason.

Yes! It's so "negative" to not join the crowd of delusional lemmings that praise a non-fungible, centralized, permissioned ledger, govt tracking system with built-in usurious middlemen!  Why invest in real money like silver and gold at cost of production floor when you can buy imaginary tokens that are virtually identical to the cashless society slave system the govt wants to place you in.

Oh, i bought silver too, at fifteensomething. It´s not, that i don´t understand your position.
But mate, give up, and we can go together. Why is your main target: being a brick ? You will grow old very lonely !

[realr0ach]

Lots of posters are accused of talking their book, but how do you know they haven't actually reached the next level and are playing poker with you where they're actually talking the opposite of their book because they know you think they're talking their book?

Well duh, that's what the accounts named "Kwukduck" and "Ask" are.  They even used a fake picture of the bitcoin foundation for the "Ask" account to try and pretend he's some type of bitcoin developer or something haha.

[Neo_Coin]

In practice they destroyed Tether. They destroyed the btc rechargeable cards, Xapo type. These two things were kind of fast way out from the crypto system in an emergency situation. Only transfers from exchanger to banks to get out of it, isn't it too little and controllable ?

[realr0ach]

In practice they destroyed Tether. They destroyed the btc rechargeable cards, Xapo type. These two things were kind of fast way out from the crypto system in an emergency situation. Only transfers from exchanger to banks to get out of it, isn't it too little and controllable ?

Pretty much.  All they need to do is block people from converting to fiat at Coinbase and everyone is sitting on a bunch of illiquid super mario tokens they can do nothing with.  Bitcoin is not capable of having a stable price for numerous reasons, such as not being a real commodity to halvings causing enormous fluctuations, so it's always going to be going up or crashing at any second.  It's designed to be a pump and dump.  This means no merchants are ever going to price things in bitcoin and bitcoin will always be a derivative of something else.  You turn off convertibility of bitcoin into that "something else" and you can't do much with it.

[Last of the V8s]

coinbase lol
coinbase has nothing to do with btc
otc for the win

[pfrtlpfmpf]

Yay my first ignore. Isn't the word for someone who ignores people or things "ignorant"?

 Without a glowing button, it just isn't the same.  

Do you mind, if i lay down on the floor, and piss myself ?  
What, where the fck is that button ?

[TERA2]

Coinbase is one of the main gears in the fiat super highway machine revovling around the winklevoss twins which lead to this entire trader/investor based rally. With this machine of coinbase, gdax, gemini, gbtc, the winklevoss twins, the futures market, bitstamp, and services like bitpay, as well as cooperation of banks and governments, 99% of today's investors would not be in. They are on only due to the liquidity and ease of investing and promising of large gains which can easily sold. None of them know anything about bitcoin or would be buying it on the street or even know what to do with it if they bought it on the street. As of now bitcoin is seen by most as more like the next big thing on wall street rather than the next big thing in technology. It's just another cog in the wall street wheel now. The machine is very centralized and could be taken down easily, leaving btc to have to dig its way back up from $2K or so.

[Typex]

What would happen if there was a crash to $7-8K?  So many people who bought in the past several months would be upside down.  They might try and escape anytime a rally or bounce back forms, which would keep the price down for an extended period of time.

[Typex]

Not sure if this was posted here or not:

https://np.reddit.com/r/ledgerwallet/comments/7obot7/all_my_cryptocurrency_stolen/

[explorer]

Yay my first ignore. Isn't the word for someone who ignores people or things "ignorant"?

 Without a glowing button, it just isn't the same.  

Do you mind, if i lay down on the floor, and piss myself ?  

As you wish.  Just don't do it here.

[pfrtlpfmpf]

Yay my first ignore. Isn't the word for someone who ignores people or things "ignorant"?

 Without a glowing button, it just isn't the same.  

Do you mind, if i lay down on the floor, and piss myself ?  

As you wish.  Just don't do it here.

Ok, ok, i will . . . not !

[vroom]

Not sure if this was posted here or not:

https://np.reddit.com/r/ledgerwallet/comments/7obot7/all_my_cryptocurrency_stolen/

don't buy used hardware wallets: https://www.reddit.com/r/Bitcoin/comments/7odyu5/warning_if_this_image_looks_familiar_then_you/