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

[Ibian]

https://en.wikipedia.org/wiki/The_Richest_Man_in_Babylon_(book)

Good for beginers, but it's not a revelation for most of us here.

I'm not so much interested in what might be learned from this book as in how it tries to teach. Humans are emotional animals way before we are rational ones, and stories make learning easier.

I fucking hated school, because it was dry and boring and, looking back, unemotional. Humans need to feel, even when studying. We can do better, and we have to do better, or we are fucked for hundreds of years.

Thanks for the suggestion. I went ahead and purchased it on audable. It was like $2.01 after taxes. I'll listen to it after I finish American Gods.

And so by sharing freely wealth is created for others. As it should be. Why can the state not do the same?

[Anon136]

And so by sharing freely wealth is created for others. As it should be. Why can the state not do the same?

I feel like this is trick question. Because then it wouldn't be "the state"?

[mymenace]

2. Who gives a XXXX

we use a thing called language here...it is for communicating

bye bye

Oh come on. That's a bit harsh. Take it easy.  
"crypto is electronic currency" and my personal welcome "Your welcome" already made my day.
Apparently the previous IQ discussion is still relevant. Legendary...

To be fair, menace has been teetering on the edge for a while.

It is pretty amazing how effectively some people are able to demonstrate the abrasive nature of their personality in a few lines of text.

Thanks for the heads up

did not realize it come across that way

time for a reality check, do not want to be abrasive


2. Instead of Who gives a XXXX, I Should of typed

who cares?

lol

I understand again apologies

I think "who gives a fuck?" is fine, depending on the tone and the emphasis that you intend to provide.

If you later concede that you did not intend such tone or emphasis, then so be it... Any of us can make those kinds of mistakes.. seems to me.

I am sure the board can handle a few here and there, but the rules do need to be implemented.

I like jojo69 response to a question about mtgox in 2012 manipulating the market

"Who cares" is a much better response to the question of my spelling their instead of there.

anyhow amazing coincidence at the time, a discussion on mtgox bankruptcy manipulating sell offs was happening and here I am quoting jojo69 and the thread was the same manipulation mtgox was doing in 2012

https://bitcointalk.org/index.php?topic=58848.msg693795#msg693795

Seems that you are making two main points in your above response post:

1) regarding word choice, and whether there might be better or worse ways to make your point:   If you make your post in a kind of rash, then in those situations, you might make mistakes regarding your word choice, and sometimes, you may go back to your post and consider that your word choice is not fitting for what you were attempting to communicate.  Even though, from time to time, I am criticized for my word choice, including the length of my posts, there are pretty rare times that I would either change the post or go back to rewrite the post, because the vast majority of the times, my word choices are what I chose at the time and are reflective of my then thoughts on the topic.  

In the end, I think that the point is that each of us makes a choice about how much to edit or reread our posts before we hit "post." So, there is a considerable amount of personal discretion there, including the discretion to modify our posting practices.

2) ongoing mtgox manipulation:  This subject matter of mtgox manipulation comes off as another one of those distracting and misleading talking points that seems to infiltrate into a lot of discussions, including discussions by seemingly smart people who are finding a pattern or attempting to find a pattern.  I remain of the "who gives a shit" perspective on this particular talking point.  Sure, you can include mtgox into your analysis, but it remains one of many factors that seems retrospectively over-hyped.  For example, when the trustee first began to sell coins between December and February, those sales were not getting too much publicity, but after the fact, they are being described as if they were in the public consciousness at the time of the initial dumps and able to affect the price.  I remain of the perspective that there was so much trade volume between December and January that the mtgox coin dumps were quite unlikely to have any kind of meaningful effect, but such supposed effect has been exaggerated after the fact in order to attempt to get affect on the current price dynamics,  and in order to attempt to shake some additional weak hands of their bitcoins.

Yep I know what you mean

finding it very hard to comprehend narratives about the just and legal way courts, ministers and legal authorities are affecting the market.

One reason Bitcoin was created because the banks around the world stole everyone's money 2008 GFC

yet here we are quoting these authorities as gospel

With so much corruption it is easy to ascertain what those in position of market manipulation are doing, they nearly all tied at the hip and benefiting of each others knowledge

Panama Papers

No tender Downer AUS Ambassador and Clinton trade practices

and it goes on and on.

Yet hardly anyone is able to imagine a narrative of Jamie dimon JP Morgan and the japanese finance minister colluding to get cheap coins for their friends.

It is the obvious solution to how the market played out.

Not that I am concerned the narrative is accepted, just sharing for anyone, it is good for me cause selling when need and buy the dip

[buyandhold]

Periodic hit-piece from some Dow Jones-owned rag.
https://www.fnlondon.com/articles/financial-heavyweights-pour-scorn-on-bitcoin-20180521

[mymenace]

Periodic hit-piece from some Dow Jones-owned rag.
https://www.fnlondon.com/articles/financial-heavyweights-pour-scorn-on-bitcoin-20180521

Yet good to use as a money transfer

Don't invest in Bitcoin, use it as a means of money transfer: Mark Mobius

..." I say I am both because I can see the need for this transmission system but I do not see it as a store value, it is not a store value ".....

https://economictimes.indiatimes.com/markets/expert-view/dont-invest-in-bitcoin-use-it-as-a-means-of-money-transfer-mark-mobius/articleshow/61995138.cms


Nice way to transfer large sums of money, not like you want bitcoin to go away


Need cheap coins for your friends


buy the dip

[Ibian]

Periodic hit-piece from some Dow Jones-owned rag.
https://www.fnlondon.com/articles/financial-heavyweights-pour-scorn-on-bitcoin-20180521

I love the smell of fear in the morning.

[mymenace]

Next wave of technology on the blockchain


Gonna change the world

https://k.im/
The Ultimate Content Monetisation System


https://coinsutra.com/atomic-swap/
https://twitter.com/lightning
Decentralized exchanges


Then decentralized social networks and business operations
Propaganda hit piece
https://www.wired.com/story/decentralized-social-networks-sound-great-too-bad-theyll-never-work/

https://windowsreport.com/decentralized-social-networks/

https://sphere.social/   - here it comes


Exciting stuff coming

[Toxic2040]

Dragon slumbers softly near lair.
1h

Couple of things of interest. A small "tweezer's" early this morning has us in a nice little consolidation phase. I do not expect this local bottom to last long, perhaps it might be a good area to look for a dip to buy into. ymmv and please dyor.

4h

Combined with what I have seen on the daily..I am feeling more confident about this being one of those upward wave A scenario.

Daily

There are continued bullish signals such as the doji candle we saw on Saturday to the crossing of the tenkan over the chikou(lagging span crossing over the conversion line). Things are looking up. While not as strong as a upward movement as some would like to see..I will take it as a positive. Momentum can take awhile to shift direction..be patient.

[bitserve]

The more I learn about TA the more I think it's all bullshit and not much different than astrology.

[El duderino_]

QUICK list 12288 is finisht GOOD LUCK   WO's

16/04/2018 serveria.com
27/04/2018 BinaryReign
28/04/2018 Toxic2040
29/04/2018 BobLawblaw
30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
08/05/2018 ChinkyEyes
13/05/2018 mfort312
15/05/2018 Paashaas
16/05/2018 player99
17/05/2018 bikerleszno
19/05/2018 Bitcoinaire
20/05/2018 willope
21/05/2018 rafanadal
22/05/2018 strawbs
24/05/2018 yonton
25/05/2018 JimboToronto
26/05/2018 Colonel Panic
29/05/2018 ivomm
30/05/2018 Lontonbit
31/05/2018 BTCMILLIONAIRE
01/06/2018 RoomBot
02/06/2018 rjclarke2000
03/06/2018 oblox
04/06/2018 wachtwoord
05/06/2018 Wekkel
08/06/2018 hisslyness
09/06/2018 LodisMcguire
11/06/2018 Raja_MBZ
12/06/2018 bitcoinPsycho
13/06/2018 erre
14/06/2018 vroom
15/06/2018 d_eddie
16/06/2018 coralreefer
18/06/2018 Robin,Hood
20/06/2018 rolling
22/06/2018 Biodom
23/06/2018 Dunkelheit667
25/06/2018 bones261
26/06/2018 Arriemoller
28/06/2018 klaaas
30/06/2018 DarkStar_
01/07/2018 o_e_l_e_o
02/07/2018 jojo69
03/07/2018 Karatma1
04/07/2018 Elwar
13/07/2018 sirazimuth
14/07/2018 Ludwig Von
21/07/2018 Lauda
22/07/2018 LFC_Bitcoin
26/07/2018 Icygreen
02/08/2018 fragout
03/08/2018 supremnoob
06/08/2018 cAPSLOCK
08/08/2018 infofront
10/08/2018 HairyMaclairy
15/08/2018 Phil_S
16/08/2018 Rosewater Foundation
17/08/2018 B1tUnl0ck3r
19/08/2018 Imbatman
21/08/2018 BitcoinBunny
27/08/2018 soullyG
28/08/2018 RealMachasm
29/08/2018 STT
04/09/2018 flynn
08/09/2018 xhomerx10
09/09/2018 vapourminer
11/09/2018 Dakustaking76
20/09/2018 Digigami
22/09/2018 Agapios
26/09/2018 itod
30/09/2018 DeathAngel
12/10/2018 IntroVert
15/10/2018 explorer
18/10/2018 Searing
26/10/2018 kurious
09/11/2018 fabiorem
15/11/2018 bitserve
20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
07/03/2019 CoinCube
15/04/2019 Spaceman_Spiff_Original
20/06/2019 bitebits
13/12/2019 nikauforest
10/04/2020 yefi
05/09/2020 samson   
23/06/2021 fortune143             

 

[El duderino_]

10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

24777 remaining

[Torque]

The more I learn about TA the more I think it's all bullshit and not much different than astrology.

Hey guys, I think I found it. I'm Legion.

[STT]

finding it very hard to comprehend narratives about the just and legal way courts, ministers and legal authorities are affecting the market.

One reason Bitcoin was created because the banks around the world stole everyone's money 2008 GFC

yet here we are quoting these authorities as gospel

With so much corruption it is easy to ascertain what those in position of market manipulation are doing, they nearly all tied at the hip and benefiting of each others knowledge

I dont think the deal with the banks is new especially.   Bank failures have occurred previously, boom situations that blew up even but the most obvious difference now is large central government.   The banks are a side story, the main reason why banks could not be allowed to fail in 2008 was because they are backstopping the government debt that has become so common.   Is that what made the Lehmans CEO so damned determined to carry on, he calculated on this effect.  Certainly debt influence is evident in Japan and USA and many other western economies with faltering GDP growth for many years.

Im told China has a debt problem, they have a lower working population occurring every year but I dont think thats going to be a near term failure for them.    But the banks I dont see as the primary cause of past or future failures, I think its something like 90% of mortgage debt in USA is operated by government.   Part of the story for 2008 was loan rates set low by Federal reserve dictating its central interest rate from coast to coast.  It was wrong to do that in some areas, maybe overall it was wrong but nobody can challenge a bank of that power and size.
  Like that line I heard, when the dot com bubble burst the prices for houses in silcon valley went up.  Im not blaming the banks for that strange price movement, I blame the system of subsidies that comes via central government

  It might have banks dealing in it but its the government allowing that debt to occur and accumulate further.   The normal process is for debt to get called out, rates rise and ratings reduce for those with poor history.   Theres a kickback effect to poor returns that restricts further growth of those negatives.
Government is not a competitive market, it can become massively wrong because it goes unchallenged.   I dont care who in politics is right or wrong but the system overall of untested debt, non competitive market and unilateral laws is probably allowing a greater future failure to build up.    That means 2008 is going to reoccur  in some shape or form.  Those events were just a tremor compared to future failure seems likely, going by trillions owed and trade deficits etc.


Hows that pair into crypto I dont know.   At least one view I heard is crypto relies on loose dollar and cant survive without it.    Or it might thrive with the world aware and accepting debt must be ended/paid, leading to devaluation of dollar and higher prices for everything priced in dollar

[realr0ach]

Nice, the Jew scammers at Bank of America just started charging me a $12 a month "maintenance fee" for the privilege of giving them money to hold in a checking account which they then take and gamble with.

[Toxic2040]

The more I learn about TA the more I think it's all bullshit and not much different than astrology.

finding it very hard to comprehend narratives about the just and legal way courts, ministers and legal authorities are affecting the market.

One reason Bitcoin was created because the banks around the world stole everyone's money 2008 GFC

yet here we are quoting these authorities as gospel

With so much corruption it is easy to ascertain what those in position of market manipulation are doing, they nearly all tied at the hip and benefiting of each others knowledge

I dont think the deal with the banks is new especially.   Bank failures have occurred previously, boom situations that blew up even but the most obvious difference now is large central government.   The banks are a side story, the main reason why banks could not be allowed to fail in 2008 was because they are backstopping the government debt that has become so common.   Is that what made the Lehmans CEO so damned determined to carry on, he calculated on this effect.  Certainly debt influence is evident in Japan and USA and many other western economies with faltering GDP growth for many years.

Im told China has a debt problem, they have a lower working population occurring every year but I dont think thats going to be a near term failure for them.    But the banks I dont see as the primary cause of past or future failures, I think its something like 90% of mortgage debt in USA is operated by government.   Part of the story for 2008 was loan rates set low by Federal reserve dictating its central interest rate from coast to coast.  It was wrong to do that in some areas, maybe overall it was wrong but nobody can challenge a bank of that power and size.
  Like that line I heard, when the dot com bubble burst the prices for houses in silcon valley went up.  Im not blaming the banks for that strange price movement, I blame the system of subsidies that comes via central government

  It might have banks dealing in it but its the government allowing that debt to occur and accumulate further.   The normal process is for debt to get called out, rates rise and ratings reduce for those with poor history.   Theres a kickback effect to poor returns that restricts further growth of those negatives.
Government is not a competitive market, it can become massively wrong because it goes unchallenged.   I dont care who in politics is right or wrong but the system overall of untested debt, non competitive market and unilateral laws is probably allowing a greater future failure to build up.    That means 2008 is going to reoccur  in some shape or form.  Those events were just a tremor compared to future failure seems likely, going by trillions owed and trade deficits etc.


Hows that pair into crypto I dont know.   At least one view I heard is crypto relies on loose dollar and cant survive without it.    Or it might thrive with the world aware and accepting debt must be ended/paid, leading to devaluation of dollar and higher prices for everything priced in dollar

[buyandhold]

https://risingsbunkers.com/layouts-pricing-bunkers/luxury-series-bunker-complexes-aristocrat/
1k coins down the drain?

[Torque]

I shit you not, I just saw a full video ad for this ICO pop up on Youtube

https://repocoin.io/

Unfuckingbelievable what a scam this is. Their so-called "use case" makes zero, absolutely zero, fkn sense. Not to mention no sense why it would have any tradable value whatsoever.

How Repo Coin Works

1. Download our mobile app once its available and scan license plates in any public space.

2. If a license plate is tagged for repossession, an alert is sent to the app user, the lender and the vehicle recovery agent.

3. A recovery truck is dispatched, and the process to return the vehicle to the lender is immediately underway.

Are people this gullible?

[buyandhold]

https://twitter.com/BMBernstein/status/998665421451595778
Good thread on decline of USD.

[yefi]

Hmmm,

I wonder if filling this thing with hydrogen was really the best idea.

Your rectum is going to be rickety-rickety-wrecked now. Should have opted for carbon dioxide.

[realr0ach]

https://twitter.com/BMBernstein/status/998665421451595778
Good thread on decline of USD.

It's a typical idiotic bitcoin shill post.  He describes the dollar as a walking dead man (which is true), then pretends bitcoin is somehow next in line should anything happen to the dollar while pretending silver and gold don't exist.  The fundamentals of these designed to centralize craptocurrencies are complete garbage compared to silver and gold, which is why it's impossible for them to defeat metals as the base of Exter's Pyramid and unit of account of everything when the fiat paper scam implodes.  

His last name is also (((Bernstein))), so he will probably be in criminal detention camp with all the other Jews after the debt based Hebrew banking scam blows up.



^Typical lying douchebag bitcoin shill (he is a Jew after all).  Bitcoin does not do any of those things because transaction validators are designed to centralize making it a dystopian, slumlord technocracy and permissioned ledger, while silver and gold already have the necessary qualities of money for 13 billion years now, yet he claims bitcoin is the "only" way to have a sound economic system LOL.  God I'm so tired of lying kikes.