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

[HairyMaclairy]

[HairyMaclairy]

Cracks appearing at $6850

[realr0ach]

Cracks appearing at $6850

[JayJuanGee]

 

https://medium.com/@adamtache/the-many-faces-of-bitcoin-1c298570d191

https://i.imgur.com/cTq6dvT.jpg

I'll take shitcoiner lies for $100, Alex!

When there are over 500 paper claims for every single physical T-Oz of gold and silver, that does not count as stock.  Divide whatever bogus math he's using by 500+ then re-run the numbers.  Then when fiats and CBs all fail, they are the defacto only real money that exists anyway.  

As I've already covered a million times before, there is no valid Schelling point in craptocurrency.  If anything there's an inverse Schelling point because overhead is high and scalability low, forcing people into other chains to free themselves from usurious fees instead of everyone going to a single chain.  There is also the fact each craptocurrency is susceptible to millions of black swans that silver and gold are not.  Some of these black swans are shared among each crapto, while others aren't, so that would also cause hedging and divergence into multiple chains too.

In other words, don't get ur selfie roached.





There is a whole article dedicated to one kind of roach.... https://rentafriend2000.wordpress.com/2015/07/14/new-species-found-the-roach-clown/

[nikauforest]

Love it JayJuanGee, great post and picture.

[rajurathod18]

Im starting to see profiles on dating sites that most just say that they're 'into crypto'. Are these prostitutes?

yes most of them i have seen this in telegram community of 2 projects bounty0x and Kucoin. this girls just send their nude pictures and says book me 

[fred1111]

We have a couple of weeks of dead cat bounce before the final capitulation

[Last of the V8s]

[realr0ach]

JayJuanGee, you're never getting into Valhalla with posts like these.

[Alexander_Z]

We have a couple of weeks of dead cat bounce before the final capitulation

The cat is not dead, it is unconscious. Got a very serious concussion from falling, but it will be OK... eventually

[styralf]

Cracks appearing at $6850

https://i.imgur.com/JWsifpw.jpg

https://i.imgur.com/BF1ybti.gif

Hey Roach, dont you think that the best way to get rid of the banksters is to use bitcoin in combination with physical silver. Take out the BTC profits in physical silver and use bitcoin as a third party free transaction unit. I dont see why you are so against bitcoin when it is clearly the only asset that is not totally manipulated. This results in great price rice and smart people take out the profits in physical silver. A double edged sword against the banskters. 

[willope]

I call $12k bitcoin in the next 2 months.
Remember, I told you so.

[El duderino_]

It's time for George Soros and the Rockefellers to ride in on their white horses and initiate the mother of all short squeezes.

Or the mother and father and .... of al pumps 

[marcus_of_augustus]

some interesting new FUD ... from a bank 'analyst' research division no less. If you are a self-convicted permabull you may want to innoculate yourself before reading Barclay's special FUD mind worm piece below ...

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12030678

Analysts at investment bank Barclays developed a pricing model for the cryptocurrency based on epidemiology — the study of the spread of disease through populations — which divides the pool of potential investors into three groups, "susceptible", "infected" and "immune".

"However, once full adoption is approached, the price decline is sustained and rapid.

"Eventually, this leads to a plateauing of prices, and progressively, as random shocks to the larger supply population push up the ratio of sellers to buyers, prices begin to fall. That induces speculative selling pressure as price declines are projected forward exponentially.

"This occurs with infectious diseases when the immunity threshold is reached, [that is], the point at which a sufficient portion of the population becomes immune such that there are no more secondary infections."

In Barclays' model, the original "infected" were the 0.1 per cent of the population who first bought cryptocurrencies with an unknown long-term fundamental value, while the "susceptible" were the 25 per cent drawn in by fear of missing out.

... funnily enough after all the FUD they cover their asses at the end by saying we will 'almost' revisit ATH. All I read from the whole bullshit propaganda hit piece was that Barclay's is accumulating.

In fact, chart looks a lot like everyone and their dogs are accumulating ... it's a classic accumulation phase.

[El duderino_]

I call $12k bitcoin in the next 2 months.
Remember, I told you so.

Whitin 2 months BTC could achieve everything

[Last of the V8s]

Ev-'ry-thing

[bitcoinPsycho]

I call $12k bitcoin in the next 2 months.
Remember, I told you so.

thanks for that I will remortgage my house and max out my credit cards

[willope]

I call $12k bitcoin in the next 2 months.
Remember, I told you so.

thanks for that I will remortgage my house and max out my credit cards

Your thankfulness doesn't help me. Give me your merits you stingy niggard.

[supertee]

I call $12k bitcoin in the next 2 months.
Remember, I told you so.

thanks for that I will remortgage my house and max out my credit cards

I want those pills in your avatar... 

[bitcoinPsycho]

I call $12k bitcoin in the next 2 months.
Remember, I told you so.

thanks for that I will remortgage my house and max out my credit cards

I want those pills in your avatar...  

Already dropped in 2014