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

[Karartma1]

For those of you comparing gold to bitcoin, don’t.  

The gold price is suppressed because gold is too easy to mine with modern mining techniques. Gold has a supply problem, there is too much of it.  We have mined far more gold since 1950 than we have in all of history, and that has flooded the market.

The best estimates currently available suggest that around 190,040 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950.

Source:  https://www.gold.org/about-gold/gold-supply/gold-mining/how-much-gold-has-been-mined

Further there are too many planned mine expansions.  A single planned mine expansion in Australia (BHP Olympic Dam) would yield 15,000 tonnes of gold and 90,000 tonnes of silver.  That’s almost 10% of historical global supply from a single mine. No market can absorb that type of new supply without collapsing the price.

So ignore the 4th dimension conspiracy bullshit, because the author doesn’t know how supply and demand works in the gold market.

Bitcoin is scarce.  Gold is as common as dirt.

The point of the article is the price suppression via futures trading that cannot be denied. There is an ultimate correlation between futures and price suppression. If they manage to build greater volume on those f*c*king contracts we will have a problem.
Good thing is Bitcoin is not gold, bitcoin is not behind cages but free on the internet.!

[1714136148]

1714136148

[1714136148]

1714136148

[1714136148]

1714136148

[1714136148]

1714136148

[1714136148]

1714136148

[serveria.com]

You can help it, if you an adult.

I really can't.. bitcoiners could help me by being a little less entitled, self-righteous, greedy and dumb. Maybe then their tears wouldn't taste so good? Who knows..

Funny to hear it from someone who sold BTC in 2015. You have already failed by not hodling until december 2017... but I bet you will feel even worse soon when BTC will hit $100k.  

You are mistaken with something. I stopped playing with BTC in 2013, not 2015. It has been a profitable decision.

We can easily find out if your decision was profitable or not - please let us know how many BTC you owned and the price you sold them for. Then compare it to the December 2017 price and calculate your losses     I bet you feel butthurt and can't wait for BTC to hit $2k so you can rebuy. But no, that's not gonna happen...

[Globb0]

The polarity here and the unequivocal confidence that each party is 100% right, is amazing.

[Jacques_Bittard]

You can help it, if you an adult.

I really can't.. bitcoiners could help me by being a little less entitled, self-righteous, greedy and dumb. Maybe then their tears wouldn't taste so good? Who knows..

Funny to hear it from someone who sold BTC in 2015. You have already failed by not hodling until december 2017... but I bet you will feel even worse soon when BTC will hit $100k.  

You are mistaken with something. I stopped playing with BTC in 2013, not 2015. It has been a profitable decision.

We can easily find out if your decision was profitable or not - please let us know how many BTC you owned and the price you sold them for. Then compare it to the December 2017 price and calculate your losses     I bet you feel butthurt and can't wait for BTC to hit $2k so you can rebuy. But no, that's not gonna happen...

Nice try, friendo, but the detailed numbers of my little gambling funds will remain private. I shared the same fortune as anyone who bought potential alts instead of bitcoin. Even LTC has had a lot better gains and LTC is almost as old and outdated as BTC. Only the BTC cultists seem blind of the fact that there aren't many cryptos out there that earn less then BTC during bull markets.

[fabiorem]

I think a double bottom is forming.

[serveria.com]

You can help it, if you an adult.

I really can't.. bitcoiners could help me by being a little less entitled, self-righteous, greedy and dumb. Maybe then their tears wouldn't taste so good? Who knows..

Funny to hear it from someone who sold BTC in 2015. You have already failed by not hodling until december 2017... but I bet you will feel even worse soon when BTC will hit $100k.  

You are mistaken with something. I stopped playing with BTC in 2013, not 2015. It has been a profitable decision.

We can easily find out if your decision was profitable or not - please let us know how many BTC you owned and the price you sold them for. Then compare it to the December 2017 price and calculate your losses     I bet you feel butthurt and can't wait for BTC to hit $2k so you can rebuy. But no, that's not gonna happen...

Nice try, friendo, but the detailed numbers of my little gambling funds will remain private. I shared the same fortune as anyone who bought potential alts instead of bitcoin. Even LTC has had a lot better gains and LTC is almost as old and outdated as BTC. Only the BTC cultists seem blind of the fact that there aren't many cryptos out there that earn less then BTC during bull markets.

So what is the reason you're here? Go visit some litecointalk.org or some shitcointalk.org  and share some altcoin success stories with losers like yourself...

[Jacques_Bittard]

Denial is the current dominating sentiment.

[Majormax]

The polarity here and the unequivocal confidence that each party is 100% right, is amazing.

Just like all politics/economics/media,  then.

[Jacques_Bittard]

You can help it, if you an adult.

I really can't.. bitcoiners could help me by being a little less entitled, self-righteous, greedy and dumb. Maybe then their tears wouldn't taste so good? Who knows..

Funny to hear it from someone who sold BTC in 2015. You have already failed by not hodling until december 2017... but I bet you will feel even worse soon when BTC will hit $100k.  

You are mistaken with something. I stopped playing with BTC in 2013, not 2015. It has been a profitable decision.

We can easily find out if your decision was profitable or not - please let us know how many BTC you owned and the price you sold them for. Then compare it to the December 2017 price and calculate your losses     I bet you feel butthurt and can't wait for BTC to hit $2k so you can rebuy. But no, that's not gonna happen...

Nice try, friendo, but the detailed numbers of my little gambling funds will remain private. I shared the same fortune as anyone who bought potential alts instead of bitcoin. Even LTC has had a lot better gains and LTC is almost as old and outdated as BTC. Only the BTC cultists seem blind of the fact that there aren't many cryptos out there that earn less then BTC during bull markets.

So what is the reason you're here? Go visit some litecointalk.org or some shitcointalk.org  and share some altcoin success stories with losers like yourself...

Like I said, bitcoiners tears taste the best.

[Majormax]

Denial is the current dominating sentiment.

I fear that is correct. However unpalatable it may be, BTC is headed for ~$1500. It will take a year or two of arguments and pain, false dawns , rises + dips and becalmed prices at times.


However , in the end it will be a positive development for Crypto. Regulation, infrastructure, adoption and acceptance will have to take place without the frantic price speculation. That will ensure that only real development will take place, as the speculators will be steadily burnt out.

IMO only of course.

[serveria.com]

You can help it, if you an adult.

I really can't.. bitcoiners could help me by being a little less entitled, self-righteous, greedy and dumb. Maybe then their tears wouldn't taste so good? Who knows..

Funny to hear it from someone who sold BTC in 2015. You have already failed by not hodling until december 2017... but I bet you will feel even worse soon when BTC will hit $100k.  

You are mistaken with something. I stopped playing with BTC in 2013, not 2015. It has been a profitable decision.

We can easily find out if your decision was profitable or not - please let us know how many BTC you owned and the price you sold them for. Then compare it to the December 2017 price and calculate your losses     I bet you feel butthurt and can't wait for BTC to hit $2k so you can rebuy. But no, that's not gonna happen...

Nice try, friendo, but the detailed numbers of my little gambling funds will remain private. I shared the same fortune as anyone who bought potential alts instead of bitcoin. Even LTC has had a lot better gains and LTC is almost as old and outdated as BTC. Only the BTC cultists seem blind of the fact that there aren't many cryptos out there that earn less then BTC during bull markets.

So what is the reason you're here? Go visit some litecointalk.org or some shitcointalk.org  and share some altcoin success stories with losers like yourself...

Like I said, bitcoiners tears taste the best.

Yeah, but I'm not in tears I'm smiling  but you'll surely be drowning in tears in a year or so... BTCBTCBTCBTCBTCBTC

[Jacques_Bittard]

You can help it, if you an adult.

I really can't.. bitcoiners could help me by being a little less entitled, self-righteous, greedy and dumb. Maybe then their tears wouldn't taste so good? Who knows..

Funny to hear it from someone who sold BTC in 2015. You have already failed by not hodling until december 2017... but I bet you will feel even worse soon when BTC will hit $100k.  

You are mistaken with something. I stopped playing with BTC in 2013, not 2015. It has been a profitable decision.

We can easily find out if your decision was profitable or not - please let us know how many BTC you owned and the price you sold them for. Then compare it to the December 2017 price and calculate your losses     I bet you feel butthurt and can't wait for BTC to hit $2k so you can rebuy. But no, that's not gonna happen...

Nice try, friendo, but the detailed numbers of my little gambling funds will remain private. I shared the same fortune as anyone who bought potential alts instead of bitcoin. Even LTC has had a lot better gains and LTC is almost as old and outdated as BTC. Only the BTC cultists seem blind of the fact that there aren't many cryptos out there that earn less then BTC during bull markets.

So what is the reason you're here? Go visit some litecointalk.org or some shitcointalk.org  and share some altcoin success stories with losers like yourself...

Like I said, bitcoiners tears taste the best.

Yeah, but I'm not in tears I'm smiling  but you'll surely be drowning in tears in a year or so... BTCBTCBTCBTCBTCBTC

Not now, but I predict to see some bitcoiner tears in a day. Will see..

[serveria.com]

Will see..

Totally agree, time will tell...

[jbreher]

The polarity here and the unequivocal confidence that each party is 100% right, is amazing.

C'mon, man. Im sure you're not NEW to THE INTERNET!?

[conspirosphere.tk]

Almost all of the top 100 alts on coinmarketcap now in the green. Meet the new trend.

[Maicol792]

Now it's time to new ATH!!!

[jojo69]

[RayX12]

Now it's time to new ATH!!!

Sock (stock he he) market is looking weak, bonds looking weak, dollar weaker....

Now it would be a good time to BTFD

[bitebits]

The polarity here and the unequivocal confidence that each party is 100% right, is amazing.

Bitcoin bears are right >80% of the time and still keep on ending on the losing side of the bet.

[RayX12]

SOOOON