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

[Rosewater Foundation]

[JayJuanGee]

I love Bitcoin, every time I sell some the price shoots up a few weeks later

Thanks for taking one for the team.... 

[BTCMILLIONAIRE]

+4 WOsMerits 

The dank memes are dead now.
Let the light of the force flow thru you *in yoda voice* 

Any may the bitcoin price rise.

BTW, the kid was right who sat with Mcafee last night:

Translation: 'Buy at the dip!'

Reads サトシ中本 or Satoshi Nakamoto.

Is McAfee into smuggling kids now or why was that little dude at their dinner?

everyone be enjoying their 4/20 high? ... never fails to deliver, mmm but maybe a bad trip for the shorts but oh well.

My sense of time is so bad that I've completely missed it. Guess I'll make up today.

No chance 

Lmao, look at that bear. Thinks he's a fox.

Space: the final frontier. These are the voyages of the starship Enterprise. Its continuing mission: to explore strange new worlds and mine the shit out of them.

Wonder what scifi is going to be like in a hundred or a thousand years. Playing gods? Or just restarting life from scratch because everything else is too normal?

[yefi]

Pornhub Now Accepts Payment In Cryptocurrency:


https://www.zerohedge.com/news/2018-04-17/pornhub-now-accepts-payment-cryptocurrency

Jerking off with bitcoin, it’s so beautiful.

It has no connection with Bitcoin. It's Verge only, aka the shitcoin that recently hard forked because it suffered a 50% attack.

[realr0ach]

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

[realr0ach]

Does anyone remember when the bear market first started and the market was making it's first run below $9000?  I was looking at old posts and noticed someone else saw the fraud going on at Bitfinex at the time.  This is exactly how I saw things playing out too so it's right out in the open for all to see.  

Proof this entire market is still nothing but a Bitfinex scam cooking the books with money that doesn't exist:

Did any of you guys see that ? A HUGE refresher on bitfinex stalled the market. Where all other markets sold down to below $8500 there was this 1 guy on bitfinex who kept buying and buying EVERYTHING around the $9000 level. This 100% wasn't normal market behaviour why would anyone buy thousands of bitcoins and pay $500 too much on every bitcoin, basically throwing away millions and millions of dollars ? I think this only could have been Bitfinex themselves, buying the market up with fake tether money.

I just downloaded the bitfinex T&S, he bought at least 6000 BTC's and gave away probaby $500 on half of them, so that's 1.5 million USD he just gave away. Makes no sense at all unless it's somebody with fake tether money.

But I do know it was a single user since he used the same refresher/hidden order on a few key levels. I'm just saying, if this was somebody interested in buying BTC at good prices why would he keep holding the $9000 and buy 6000 btc's there while the other markets were trading below $8500?

And yes, the market has been controlled by this single entity's fraud on Bitfinex ever since $200 as I've documented numerous times before.

[bones261]

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

Wouldn't even simply mining deeper be far more economical than space ventures as well? Not sure why people always go for the asteroid mining to argue that we can have a plentiful supply of PMs. Compared to an asteroid, the Earth is magnitudes of orders bigger. We've barely pecked the surface when it comes to mining.

[realr0ach]

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

Wouldn't even simply mining deeper be far more economical than space ventures as well? Not sure why people always go for the asteroid mining to argue that we can have a plentiful supply of PMs. Compared to an asteroid, the Earth is magnitudes of orders bigger. We've barely pecked the surface when it comes to mining.

Who knows where these bullshit stories originate from.  Way back before the last metals bull run, all of a sudden they had coordinated news stories everywhere calling metals "a barbarous relic", then they shortly went to the moon right after.  These asteroid mining fake news stories might be the new "barbarous relic" disinfo tactic for this commodity super cycle.

[scum]

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

CNBC suggests Luxembourg is extending its tax haven status to potential space mining companies. It's creating favorable laws for them and making it easy to set them up there.

https://www.cnbc.com/2018/04/16/luxembourg-vies-to-become-the-silicon-valley-of-asteroid-mining.html

UC Berkeley assistant professor of economics Gabriel Zucman... said Luxembourg's strategy of creating laws and making room for asteroid mining companies "is what being an offshore financial center means. It's not diversification. It's just extending the logic of being a tax haven to a new area."

In other words, Luxembourg isn't necessarily jumping into modern technology with its support of space mining — it's just pushing into a new industry to extend the laws of a terrestrial tax haven, safeguarded by a sovereign nation, to the land of E.T.

[JimboToronto]

Good morning Bitcoinland.

I see we continued yesterday's rally all the way past $9k before having a nice little profit-taking/correction. Now we're on the rise again... currently $8835USD/$11284CAD (Bitcoinaverage).

Has the usual spring rally really started this time?

[Torque]

So at this point, it seems like a retest below the $6500 level would be extremely difficult to pull off. You can see that this is price point where the whales first came in hot and heavy pumping the market back in Nov.

I believe we go sideways from here for a while.

[jojo69]

sideways with some volatility is fine with me

the J&J increment setups I have been running in BTC:LTC and BTC:ETH have been working pretty well lately

[infofront]

I love Bitcoin, every time I sell some the price shoots up a few weeks later

Thanks for taking one for the team....  

Karhu was pleased with his sacrifice.

[gembitz]

Good morning Bitcoinland.

I see we continued yesterday's rally all the way past $9k before having a nice little profit-taking/correction. Now we're on the rise again... currently $8835USD/$11284CAD (Bitcoinaverage).

Has the usual spring rally really started this time?

up UP ===> AND AWAYYYYYY     ~10k closeeeeee<<weeeee

[Toxic2040]

My post about the forthcoming space "gold" rush is not indicative of a bias against precious metals. I think they will always have some value..especially unique coins or artwork. However..I think within a couple of decades it will be as valuable as dirt is planet side. Dirt itself will be more valuable to space based operations than pm's in the future due to the relatively high cost of moving mass up and down the gravity well. Just a random thought.

----------------------------------------------

Thank you to the gif wizard..you know who you are.


Bitcoin

Consolidation feels good. We are close to the local bottom imho. I was guesstimating $8.6k as a focal point but support is building in the $8.75k range however. I expect more weekend pump action as the evening progresses.



Mid to long term I am waiting to see if we acquire this fork. Support and resistance bands are clearly delineated for your viewing pleasure. #dyor

[Rosewater Foundation]

I don't get it.

[infofront]

I don't get it.

Such cryptic

[Last of the V8s]

I don't get it.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

[Rosewater Foundation]

Must be something to do with Karhu. I think I missed a meme somewhere?

[bitserve]

I don't get it.

Such cryptic

I love the hi-tech counterweight system. Is that what they call a blockchain?