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

[bitserve]

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

Usually narcissism would fit, but in this particular case I'm more prone to diagnose a paranoid psychosis, altought high functioning, or maybe a paranoid personality disorder with narcisistic defenses

It looks like a generic antisocial personality disorder to me. Above all else, he do seem to find great pleasure in being in active disagreement of social conventions. He is very proud of every "ignoring notice" achieved. Probably he even keeps the count of it.

I wouldn't even be surprised if he were simultaneously trolling the nazi forums with Jew praises or trying to plant the Bitcoin seed on gold bug forums.

In other words, according to my diagnose he is a clear case of a CIT personality.

Classic Internet Troll.

[1714144763]

1714144763

[RealMachasm]

People who join Mensa are in the 95-105 range.
Just like how if someone opened something called "the big dick club", 3/4ths the people in it would have 4 inch dicks.

Hmm... I see how that could work for e.g. facebook groups where anyone can join.
However, Mensa has minimum IQ requirement for membership, and I think it's above 105.

Can you elaborate how can most members have less than minimum required IQ?

Quote from Wikipedia

Mensa's requirement for membership is a score at or above the 98th percentile on certain standardised IQ or other approved intelligence tests, such as the Stanford–Binet Intelligence Scales. The minimum accepted score on the Stanford–Binet is 132, while for the Cattell it is 148

Don’t think Roach is a member

[Robin,Hood]

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

Many woulda-been, coulda-been Bitcoin millionaires become bitter, anti-Bitcoin zealots.

Yeah, and I’m sure he’s probably hoarding a kilo bar of silver that he paid like 50btc for back in the day.
He be like...
“Ha! , I just paid some sucker 50 worthless bitcoins for a kilo of silver that’s gonna be worth
half a million$ someday!.....”

You know at the time it was very hard to let go of the shine coins/bars to exchange for something not touchable. Followed one of those gold bugs sides religiously and  at some stage got convinced silver is the real future. Eventually sold  95% of the gold for a small loss and got stuck with the silver as the losses where to high it thought, eventually i did get rid of it. Not so long ago i wanted to dump (at any price) the last 1,25 kg and i could not find it in a short time i had available. Someday i am sure i will get a sandwich for it. The only once profiting form silver is dealers and government with the high tax.
There are times selling at a loss is the right move and this was one, risky yes, with all the doggy exchanges around, all the uncertainties with crypto.

[Speculatoross]

Did anyone here knew about this?

https://hackernoon.com/why-everyone-missed-the-most-important-invention-in-the-last-500-years-c90b0151c169

Pretty interesting article

[Toxic2040]

Good morning. Still hodling onto hope that a small mercy pump might happen for Consensus. But that is all it would be, a local pump. Nothing fundamental indicates a need for the price to go upward for now. We should know within 24 hours which direction the market will decide to go. I am looking closely at 9:00am tomorrow for some reason...wishful thinking on my part perhaps.  Must likely when despair is at its height there will be a surge upward to close longs. Otherwise I am seeing sideways and downward tendencies starting to develop. Bitcoin continues to be the safest and most secure store of value for now. Thats about it. #dyor.


The only good news I have at the moment is we are still well above the downward trend line that has plagued us all spring. I think once people figure out there is not going to be a massive pump we will retest that zone.

[JayJuanGee]

Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.

Yeah, so the thieving bankers want everyone to think.

To the extent that Mister_Success is NOT acting too arrogant for his own smarts, he does seem to make a decent point regarding the leveraging of money towards appreciating assets instead of depreciating assets, so in that regard, sometimes, borrowing money can be a good tool to leverage a person into a better position that might not be within his options if he were not able to utilize loans.   Sure traditional banks have devolved, especially the bigger ones that have gotten involved in the sucking off of the money printing tits... so in that regard, there are some, so called banks that no longer service the needs of regular peeps.  So, in regards to investing in bitcoin, it would be better to invest into bitcoin rather than fiat, so could be profitable to use some credit in order to leverage your bitcoin investment -  though it can be a dangerous game, when it comes to highly volatile assets such as bitcoin, so you have to play your cashflows smartly, if you do not want to get rekt based on short term expectations, when bitcoin does seem to be longer term profitable.

While on it's face this is all trues the one caveat to me is I do not gamble what I cannot afford to lose. I know it takes money to make money and I grew up with nothing and everything I own including my freedom has been paid for from the sweat off my back so to take any chance no matter how small on losing the cushion I have created in life whether it be a sure thing or not is not something I can justify doing. If you have no support network to fall back on in life you either smarten up and create your own or when the tide of ill come knocking they drown you down. The world is a cruel place the vast majority of first worlders never even get a glimpse of so do not have to prepare for personal doomsday scenarios. And in this scene as in anywhere in life gambling what can cause you to lose it all on the bolded I highlighted is a fools errand no matter if it's a sure thing or not. My personal number is at least 6 months of capitol for living expenses and I only have to be responsible for myself, it would be much higher if I had a family to care for.

Probably, we are not saying much different because my practices of living within my means and having a decently long projected cashflow are similar, but I still have learned to use my own credit, including 0% interest card offers (and other variations of such) to make more money than I could through my non-leveraged cashflow.  Sure there is some risk, but there is a whole hell-of-a lot less risk if you attempt to invest the money in appreciating assets, even if you might not be successful 100% of the time, you can run into situations in which your money earns much more than the interest rate that you are paying - even if that might be between 6% and 10% - for example having fiat invested in bitcoin between the end of 2015 and 2017 could have gotten you up to 78x returns, which would have been enough to pay off even the most usurious loan, even if you did not come close to maximizing the tops and bottoms.. or if you mistakenly put some that fiat into gold and silver instead of into bitcoin.

[Anon136]

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

There is such a thing as masochists. Some people like to be abused.

[Samarkand]

...

Don’t think Roach is a member

I also don´t think that r0ach is a member of Mensa, but I still think that his IQ would probably be sufficient for
a membership.

His focus on topics related to Jews/Judaism and similar stuff is of course over the top, but his
analysis of certain aspects of the economic system is actually pretty spot-on. He certainly
has a talent for identifying various scams in the economy (e.g. some of his comments with
regard to the real estate scam, the nature of fractional-reserve banking or some of the shenanigans
in the stock market).

What he doesn´t understand is that metals (especially silver) are subject to a supply response.
If the silver price would increase substantially, miners around the world would simply ramp up their
operations, which would cause the price to revert to previous levels.

Bitcoin doesn´t have a supply response. Even if the miners would ramp up their operations after a price increase
and the total hashrate would double or triple in the next year we still wouldn´t see the mining of a single additional Bitcoin
apart from the already expected number of Bitcoins.

It is not too late to sell your silver stash for a stash of Bitcoins.

[Anon136]

What he doesn´t understand is that metals (especially silver) are subject to a supply response.
If the silver price would increase substantially, miners around the world would simply ramp up their
operations, which would cause the price to revert to previous levels.

It takes decades to bring new supply online like that. First people have to be motivated to go out into the jungle and desert and god knows where to start poking around looking for places that might potentially have some metals. Then they have to actually find something. Then they have to build the infrastructure. Another thing that people don't realize is that when the price is artificially low producers of existing mines are forced to abandon more and more marginal ore to stay profitable, they cut their operations to the bone, and all the supermarginal ore that they neglect they cant just go back and get later. It's for all intents and purposes lost forever.

The price suppression that we see today is planting the seeds for a future supply collapse that will take a very long time to re balance.

But your point remains taken, it will eventually rebalance where that can never happen in bitcoin.

[Elwar]

I believe these past two pages are what r0ach has worked his whole life to achieve.

2 pages on the Wall Observer thread talking about him.

His work paid off.

[Toxic2040]

[buyandhold]

https://hackernoon.com/written-evidence-submitted-to-her-majestys-treasury-committee-s-digital-currencies-inquiry-on-8162d4c299ab
@Beautyon_ with a straight bat.

[buyandhold]

Might tickle up my 'portfolio' after this lol


https://twitter.com/cnLedger/status/996950431459823616

[Toxic2040]

See you all sometime next year.

[Kylapoiss]

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

Many woulda-been, coulda-been Bitcoin millionaires become bitter, anti-Bitcoin zealots.

I got into the boat in 2013, but sold all my stash in 2015 because of reasons, would be a multi-millionaire now didn't get me bitter though, that's just life.

But back I am, hopefully smarter this time, started to rebuy in Nov 2017.

Did anyone here knew about this?

https://hackernoon.com/why-everyone-missed-the-most-important-invention-in-the-last-500-years-c90b0151c169

Pretty interesting article

Thanks for this, good read.

I believe these past two pages are what r0ach has worked his whole life to achieve.

2 pages on the Wall Observer thread talking about him.

His work paid off.

I am truly sorry!

[Karartma1]

snip
See you all sometime next year.

Could you please post one of your TA charts that actually got the price right in, let's say, the last 6 months? I'd  be glad to see if it's worth watching you or if I better scroll down these huge charts

[infofront]

Might tickle up my 'portfolio' after this lol


https://twitter.com/cnLedger/status/996950431459823616

  Hilarious

[FractalUniverse]

omg its here. 

[Anon136]

Might tickle up my 'portfolio' after this lol


https://twitter.com/cnLedger/status/996950431459823616

  Hilarious

[JayJuanGee]

See you all sometime next year.

I am feeling something from your posts, Toxic poxit.

Seems like every few days your chart prognostics are shifting with the prevailing winds. 

UP then SIDEWAYS then UP then DOWN then SIDEWAYS then UP then DOWN then UP then SIDEWAYS and now seemingly DOWN.   

Kind of like rollercoaster.....



Makes me feel like this: