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

[realr0ach]

paradigm shifting global store of value and Ecurrency of the future.

Imaginary tokens are not a "store of value" no matter how many times you repeat the lie.  To be a store of value, it would require having some type of intrinsic value plus not being easily destructable.  Bitcoin has neither of those traits because 1)  It obviously has no intrinsic value and 2) can be black swaned and destroyed by millions of variables like encryption vulnerability, rough consensus attack, etc.  While it requires a black hole hitting the planet to black swan silver or gold.  Things like metals are more durable than the human population that inhabits the earth, while shitcoins are not.  Shitcoins also have no intrinsic value.  

The words store of value and shitcoins do not belong in the same sentence.  They will always just be pump and dumps - trying to hock off something of 0 value onto someone else for > 0 value.

[Toxic2040]

paradigm shifting global store of value and Ecurrency of the future.

*Edited for clarity*

"Same tired diatribe."

I have asked before..this will be the last time. Who are you trying to save here bug? Pretty sure anyone who makes it this far and is standing at the Wall can see exactly what your words are..  I actually feel sorry for you. There is a word for it...what is that now....oh yes..Pity.

[Last of the V8s]

https://twitter.com/DougPolkPoker/status/993581533012283393

[savetherainforest]

https://twitter.com/DougPolkPoker/status/993581533012283393

That might be a poor bet. It might go under 6000$ for a few seconds.   

[Rosewater Foundation]

^This makes me sad

[savetherainforest]

^This makes me sad

When I see dips... I see more BTCiTcoin in my stash. So who the F'.. cares about stupid people bets. Other people make money out of their tragedy. Its nice!

[TERA2]

If i were to make a bet, how much would you want to bet and where would we do it?

[savetherainforest]

If i were to make a bet, how much would you want to bet and where would we do it?

This should be a pool question.

But I personally don't bet. I just crunch numbers and make boring 1:1 trades.

[Rosewater Foundation]

http://www.businessinsider.com/tyler-winklevoss-to-bill-gates-put-your-money-where-your-mouth-is

"I agree I would short it if there was an easy way to do it."

"There is an easy way to short bitcoin,"

[HairyMaclairy]

If i were to make a bet, how much would you want to bet and where would we do it?

That would be a nice asymmetric bet.  Price goes down, you win the bet.  Price goes up, you do fine. 

[jojo69]

https://twitter.com/DougPolkPoker/status/993581533012283393

That might be a poor bet. It might go under 6000$ for a few seconds.   

on the 8th of June

[European Central Bank]

https://mobile.nytimes.com/2018/05/07/technology/bitcoin-new-york-stock-exchange.html

Looks like a few people at least think bitcoin is better than baby hrains.

[TERA2]

If i were to make a bet, how much would you want to bet and where would we do it?

This should be a pool question.

But I personally don't bet. I just crunch numbers and make boring 1:1 trades.

Sorry this is for Torque

[Torque]

If i were to make a bet, how much would you want to bet and where would we do it?

This should be a pool question.

But I personally don't bet. I just crunch numbers and make boring 1:1 trades.

Sorry this is for Torque

You can't even post a bottom price call here, for fear of looking bad.

So why would anyone want to bet with you?

Just call a bottom price FCS.

[Torque]

https://twitter.com/DougPolkPoker/status/993581533012283393

If Tone Vays is thinking that Bitcoin will go below $6k by 2019, he's just extrapolating from past bull rallies.

He's no wizard. No even close.

[Torque]

For 'scamming' (defrauding) , the mens rea (intent) of dishonesty is required.
Clearly you can't be dishonest if you don't believe you are being dishonest.

That's about the long and short of it.

Bernie Madoff didn't think he was being dishonest.

[marcus_of_augustus]

and they can't do that also on the sell side?? fiat settlement of commodity futures has been the bane of many commodity markets for decades ... taleb sounds more idiotic with every utterance he makes about bitcoin ... seems like he was just a one-hit-wonder with his "black swan" meme and he probably even got that idea from the excellent pub of the same name just outside London.

[Toxic2040]

https://mobile.nytimes.com/2018/05/07/technology/bitcoin-new-york-stock-exchange.html

Looks like a few people at least think bitcoin is better than baby hrains.

Some Bitcoin enthusiasts have said that its increasing integration into the existing financial system has pulled it away from its founding ideals. Paul Chou, a former trader at Goldman Sachs who set up LedgerX, a regulated Bitcoin exchange that would compete with the Intercontinental Exchange, said his company has made a point of focusing on large Bitcoin holders, rather than financial institutions.

“The reason we got into crypto was not to partner with a bank, but to replace them,” Mr. Chou said, using the shorthand for cryptocurrencies. “We deal with crypto holders directly in a way that really takes advantage of Bitcoin’s strengths, while avoiding brokers, banks and other institutions that take multiple cuts of the transaction.”

“The industry is seeing unprecedented institutional interest for the first time in Bitcoin’s history,” he said. “I’ve been amazed that the strongest believers in cryptocurrency often start out the most skeptical. It’s a healthy skepticism. But at some point the perception shifts, and for many institutions — I think we’re finally there.”

"They" are salivating for all the reasons laid out already..the big short. This is how ignorant these people are..not understanding enough to realize that just hodling and going long would achieve phenomenal results.  The problem for now at least is they havent bought in enough to drive the price down enough for weak hands to panic sell. This is why I believe we are going to have a Bullish couple of years until the next halfening. It will take institutions time to acquire position's that are strong enough to manipulate with out causing(more) huge price spike's. Natural adoption globally is going to increase price in the mean time so there might be enough liquidity by then to sustain these wall street shenanigans.

*edit*
+1 WOsMerit Marcus.       Entangled post.

[RoomBot]

Another day, another representative of the Jew World Order trying to disarm the population while flooding them with rapefugees that want to murder them (The Kalergi Plan):

That might be the stupidest tweet I've ever seen from a world leader. That even includes Trump's tweets.

Bwahahahaha! While being actively shielded by the armed Swiss Guard!

World's oldest standing army.

Go, BTC

#BitcoinNotBombs

http://www.bitcoinnotbombs.com/

[marcus_of_augustus]

Another day, another representative of the Jew World Order trying to disarm the population while flooding them with rapefugees that want to murder them (The Kalergi Plan):

That might be the stupidest tweet I've ever seen from a world leader. That even includes Trump's tweets.

Bwahahahaha! While being actively shielded by the armed Swiss Guard!

World's oldest standing army.

#Swisstard

Go, BTC

... yes, what weapons will those who are going to enforce a total weapons arm themselves with?