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

[mymenace]

They preparing the one world currency, bastards knew crypto was coming

There's no need for them to attempt to confiscate metals this time.  They have already done so by artificially rigging the commodity markets down to cost of production while JPMorgan - acting as an agent of the US govt - cornered the entire silver market with something like 700 million ounces.  The confiscation has ALREADY occurred.  When the debt bubble implodes and the dollar goes with it, they will re-back a new currency with silver because the US legal system says a dollar is supposed to be 371 grains of silver anyway, and Ft Knox is empty of gold, so no other option.

Furthermore the new brics gold standard with Russia and China is meant to be backed by real gold/silver reserves.

A lot of hope it will expose the western worlds ETF and paper gold/silver markets

There is conspiracies the silver and gold in US reserves is of poor quality to look large, conspiracy only

[realr0ach]

Nothing about bitcoin would help this government objective. If the government wanted to do that, they would just require the use of bank accounts and start collecting all cash in circulation. Bitcoin is a poor choice as it takes control away from them - it also just sucks for consumers in general (transaction time and fees) and requires an electronic device and internet that most people dont have and cant afford.

Bullshit.  Bitcoin is not money, it's a system of control.  That's exactly what bankers want.  How many times do I have to repeat myself?

The transactions are not blinded (fungible) and transaction validators are designed to centralize, making it a permissioned ledger where the G20 govt can easily take over those transaction validators and legislate each transaction must be AML/KYC compliant (chain anchor).  From there it turns into the banker occupied govt randomly labeling all of their perceived enemies (anyone who refuses to be slaves) as "terrorists" and turning off your funds, so you either worship the Marxists who took over the state or die of starvation.

THIS is why numerous people describe PHYSICAL MONEY that can't be turned off by the state as a basic human right and safeguard to any form of democracy

[podyx]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

[PoolMinor]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

ETH and XRP are both centralized, not important to worry about what the market cap is on those.

Edit: BCH on the other hand might be worth watching and at least hedging against a "flippening". If/when BTC takes it's next drop to $7500 I would wager that it(BCH) finds some traction.

[realr0ach]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

Eth is only rising because Goldman Sachs and the rest of the bankers bought most of the premine.  They own tons of BTC and everything else too, but percentage wise, they have the biggest monopoly on that scamcoin of all the 1400 scamcoins (including BTC).  They probably own just as much Ripple too, but they're unsure they can get anyone to use that scam and are more confident they can trick people into using Eth. 

[Enjel]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

ETH and XRP are both centralized, not important to worry about what the market cap is on those.

Edit: BCH on the other hand might be worth watching and at least hedging against a "flippening". If/when BTC takes it's next drop to $7500 I would wager that it(BCH) finds some traction.

Agree with the first statement. The second...? BCH is done for. When Bitcoin drops, BCH drops even harder, as we've seen.

Lightning network may centralize Bitcoin, but Bitcoin Cash is already beyond saving from that perspective.

The pitch to new investors (where price appreciation to 25k is going to come from) that Bitcoin Cash is the "real" Bitcoin (the only possible reason why people would choose BCH over other centralized currencies with lightning fast speeds) makes no sense to anyone who hasn't been in this thing for at least a few years.

And I'm pretty sure that most old-timers believe in core, not cash.

[realr0ach]

The pitch to new investors (where price appreciation to 25k is going to come from)

It's not too late to tell your parents to buy physical silver instead.

[milkshock100]

Commence operation hodler wipeout

[serveria.com]

Nothing new today - another attempt to push lower with eventual recovery during the day I guess...  BOOOORING...

[realr0ach]

Commence operation hodler wipeout

I would like to mention that while bitcoin still has value, every frozen grocery store pizza I've tried is terrible except those California Pizza Kitchen brand ones.

[TERA2]

I didnt have to tell my relatives to buy at the top. They did it by themselves. But they wouldnt buy when I told them about it at $100. I dont understand. Is it all those cheesy ads with pictures of jewish nerds?

[svdleer]

Nothing new today - another attempt to push lower with eventual recovery during the day I guess...  BOOOORING...

I guess no recovery is coming today, volume is way to low to recover. I guess we even drop lower, to about 9-9,5 K

[PoolMinor]

I didnt have to tell my relatives to buy at the top. They did it by themselves.

Yeah most of my family and friends decided to let me know of their buys in the 15k range prior to the peak, as if the past 3+ years of me telling them on a monthly basis to buy buy buy was not a strong enough argument; they needed MSM to tell them it was OK.

My sibling said they would have bought but gave me a lame excuse of "I didn't know you would help me to buy it" and a friend kept insisting that I told him to mine it otherwise he would have bought it. A guy at work in 2015 I told him that he should spend $1500 on 10 BTC when it was at its low point, but he didn't believe in the technology.

[TERA2]

None of them know a damn thing about the technology. All they know somehow is the hive mind issued a buy signal. Like a hot stock tip, and they were confused why they couldnt buy the 'shares' with their bank broker.

[Last of the V8s]

look what the cat dragged in

It's been a hard slog this. I'm trying to be cool. But holy moly. :'

None of them know a damn thing about the technology. All they know somehow is the hive mind issued a buy signal. Like a hot stock tip, and they were confused why they couldnt buy the 'shares' with their bank broker.

[realr0ach]

Like a hot stock tip, and they were confused why they couldnt buy the 'shares' with their bank broker.

Just wait until the shock and horror once people figure this out:

[Last of the V8s]

The major source of energy in history is wood, not coal.

[LFC_Bitcoin]

Price continues to slide, it’s been like an avalance for the last month

[Dakustaking76]

Why is my beloved one dropping 

[Enjel]

Volume is dipping, as is the price. Isn't that bullish?

(Anyways, as far as I'm concerned, it's a bull market unless it hits below 8k)