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

[Toxic2040]

http://uk.businessinsider.com/bitcoin-price-warren-buffett-says-probably-rat-poison-squared-2018-5

Warren Buffet: "Bitcoin is probably rat poison squared".


Uhhhh... is that a sign of what?

"87-year-old"... I don't think that anyone of that age can truly understand bitcoin.

Very true. Imagining a bridge between technologies that you have never experienced is a once in a every couple of generations event imho...or at least it was. Its highly likely that someone born today or in the near future could be that bridge of tomorrow. I can clearly remember the first television..the first phone I used, and reading out of a paper book about "computers". I have been fascinated by technology since I can remember..and I still am amazed daily at what we are doing on the cutting edge.

Interesting article about it here I thought. I think many fall into this category when it comes to Bitcoin and its use. Time for more edumacation. 

Here’s an experiment that fits all ages: approach your mother and father (if they’re asleep, use caution). Ask them gently about that time before you were born, and whether they dared think at that time that one day everybody will post and share their images on a social network called “Facebook”. Or that they will receive answers to every question from a mysterious entity called “Google”. Or enjoy the services of a digital adviser called “Waze” that guides you everywhere on the road. If they say they figured all of the above will happen, kindly refer those people to me. We’re always in need of good futurists.

The truth is that very few thought, in those olden days of yore, that technologies like supercomputers, wireless network or artificial intelligence will make their way to the general public in the future. Even those who figured that these technologies will become cheaper and more widespread, failed in imagining the uses they will be put to, and how they will change society. And here we are today, when you’re posting your naked pictures on Facebook. Thanks again, technology.

http://freedomandsafety.com/en/content/blog/centaurs-future

[RewFrew]

[edited out]

Sure got it.

As i'm new to bitcoin and trading in general, wisdom gonna came with time and be a little bit neutral in my talkings on bitcoins and alcoins.

I Played poker real money from 2002 to early 2017  and was a tight aggresive player why my comments are like that.

Poker attitude: raise, reraise, 3bet , 4bet, bluffs and all in For years.

Don't get me wrong because I really love bullish perspectives, and so I will be a lot more tolerant when a bull spouts off bullish predictions without backing them up, as compared to bears, and part of the reason is that frequently bears are merely trolls or shills, even though every once in a while they do have something useful to say.. rare but true.  

Also, I do recognize that regular peeps do tend to talk in absolutes, to exaggerate a lot and maybe even there is some gambling mentality that is mixed in there - so when we are on the interwebs, sometimes guys, including myself, might go on the attack, if you are making assertions that do not seem to be very realistic or very backed up by evidence, even if we agree with the direction of your prediction.

Finally, bitcoin (and alts, as you say) can be really fun to learn about and to figure out ways to make money on them or at least to use as a learning tool, and with bitcoin, specifically, there is always so much to learn and even battling the deluge of misinformation to sort out facts from fiction and to filter out propaganda  - that even comes from good intentioned folks can be a very decent and ongoing learning experience, so don't get deterred from spreading and fixing up your opinion, even if peeps (including me) might attack them from time to time, because we can frequently learn from batting around ideas, whether related to bitcoin trading, price movements, predictions, fundamentals or otherwise.

Edit:

By the way, we have not really experienced any significant correction since $6,700 (unless you want to call this week's about 11% correction from $9,750 to $8,660 as significant and/or sufficient?).  

So at our current rebounded BTC prices, of about $9,800, we have a 45% BTC price appreciation without any meaningful correction.   The non-existence of a significant correction does not mean that we must have a correction, but there does remain a bit of an incentive for some of the whales to cause some price correction (manipulation or whatever you want to call it) in order to take some profits and to shake out some weak hands and to purge some longs... so sometimes, corrections can have momentum and even we could get stuck in a correction for a while before we would be ready to break above $10k.  

Yeah, of course, I am o.k. with breaking straight and directly above $10k too.. so who gives a shit if the poor lily whales get their anticipated price correction or not... I'm just saying.. that ongoing upwards in price movement should create normal incentives for down.  

Okay mate, got your point.

So i gonna stay like i'am for now and slowly change my predictions with time or not, Depends on me.

Yes i was a poker player but not a gambler. the gamblers plays casino games with odds againt them, and i dont.

For poker, i turned to be a semi pro player with a very strict bankroll management. For years and years i never get broke unless from my first years.

You have to read some articles about pro poker players that saids, they have already all the mental tools to be a succesful traders.

We know when to bet, how much we bet, with all the probabilities with us in the long run.

We are not affraid to take measured risks and bet big when the odds are with us in the long run. All that are in relation with our bankroll management.

Now i'm new @ trading but @ the same time i make big progress compared to traders who starts at the same time as me, and daily i try to progress more and more.

[bitserve]

Any "rat poison squared" meme featuring Bitcoin killing all those bankster rats already?

[mindrust]

buffet recently purchased 75 million shares of apple. IMO apple has no future, no inovation, always the same shit. I was using mac products for years but since a few months I'm a happy huawei user.

Agreed. Not just apple, this whole smartphone thing is done just like the DSLR market.

Check their website, they are still trying to sell iphone 6s (I own one btw) for ducks sake. A phone came in 2015. Iphone7, 8, X all are the same thing as Iphone 6s with a better camera and 6S already has a decent camera.

I have a 5 year old Canon Mirrorless (EOS M, very shitty AF speed is the only flaw it has) and after all those fucking years they came up with EOS M3, M5, M50, M100 etc. Out of curiosity I wanted to check what they offer new over my camera and there is absolutely nothing new at all. They all have the same fucking picture quality like they did 5-6 years before. Only one of them was m50 probably is now recording 4K Videos (which I don't care, my 6s can do it already) They hit the limit. There is no room to advance. (they fixed the fucking AF with M2 though)

I see Buffet's move as a distraction to fool the dumb money into the stock markets by convincing them to believe that the monetary/banking system is still intact, it is still working as intended, there is no bubble etc. I don't even believe he has control over his own assets anymore. As someone said he is 87 years old. Must be somebody else who's making these decisions for him.

[Torque]

I see Buffet's move as a distraction to fool the dumb money into the stock markets by convincing them to believe that the monetary/banking system is still intact, it is still working as intended, there is no bubble etc. I don't even believe he has control over his own assets anymore. As someone said he is 87 years old. Must be somebody else who's making these decisions for him.

I'm almost starting to believe the same thing. It seems now his modus operandi is that he comes galloping in on a white horse to buy up some company that needs a cash infusion to prop up their stock. Almost like he is being paid or somehow incentivized to do this. The banking cartel must love him.

It certainly felt that way when he dove in on IBM. At some point he had to realize that propping up IBM wasn't going to pay off.

[realr0ach]

Buffet

Around the same time Buffet bought Apple, one of the richest arabs in the world bought $2.8 BILLION of gold.  Now that's what I call buying the dip.  But, this is exactly why when metals revaluation inevitably occurs to extinguish the unserviceable debt, the western powers are going to HIGHLY favor silver over gold in terms of percentage gains, otherwise you're just giving away the world to the indians and arabs.  Fort Knox is somewhere between completely empty to only 2000 tons of gold at most, and JP Morgan has cornered the physical silver market while rigging the paper price acting as an agent of the US govt as a form of stealth confiscation.

[bitcoinPsycho]

buffet?

[xhomerx10]

Where's the beef?!

[bitcoinPsycho]

Where's the beef?!

second picture in half way up 

[B1tUnl0ck3r]

How many outlaws according to the SEC are still posting covertly here  

no fear, I don't give a damn of those obama laws to silence us all.

first they came for you, and I didn't realize, and then I did, and show you the one who is the enemy.

what will you do? keep watching the wall in silence?

some... others, will bet on his death .

and to the little shit who will say I sign my buys... yeah, wait for all to have been silenced and see how fun it will be when they will tell you not to move...

[bitserve]

How many outlaws according to the SEC are still posting covertly here  

no fear, I don't give a damn of those obama laws to silence us all.

first they came for you, and I didn't realize, and then I did, and show you the one who is the enemy.

what will you do? keep watching the wall in silence?

some... others, will bet on his death .

and to the little shit who will say I sign my buys... yeah, wait for all to have been silenced and see how fun it will be when they will tell you not to move...

Fuck Yes!

We are the *WALL OBSERVERS* and all that completely unintelligible noise is very distracting for our mission.

A bit of silence would be of some help.

Please.

[realr0ach]

[Derpinheimer2]

Damn it, couldn't we just touch 10k? Hit 9999  

There was a 10 day floor at 8600. I dont see a floor of 9000 on the chart.

By the way the bid depth here on all exchanges in fiat is still the same, or lower, than it was in the 6000s. If this was truly going to rally to the next ATH and such, the bid depth would be building much bigger. So this is a temporal rally.

Not true at all. Bid/ask sum is an awful indicator.

[Last of the V8s]

[jbreher]

Btw why the hell are some of you guys meriting realr0ach?

I merited r0ach. Once.

He made a one-line post in a branch of this thread. It didn't mention nazis, ubermenchen, nor j00z.

Mostly, it made me laugh. Them's the rules.

[jbreher]

Where's the beef?!

Where's the uma sashimi?

[jojo69]

whelp, looks like our little bull trap is over...back to 6000

[Dancobit]

Someone is throwing up big bid walls

we are facing a prolonged corrective period back to 9772 and potentially to 9584 at the lowest possible before the rally returns.
The bigger the spike in 15 minutes, the better. 5 more minutes

[Dancobit]

buffet?

Looks like this is a very good meal, Can I feel it?

[BlackMambaPH]

whelp, looks like our little bull trap is over...back to 6000

Fraud. LOL I don't see any possibilities to happen it again (Only for this year). Maybe next it will happen. Maybe 6,000$. What do you think?