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

[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.

[yefi]

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

All these octogenarians glaring daggers at Bitcoin, and yet the simple, morbid maths is that their numbers are shrinking. Unless they can disseminate their religion, they have already lost.

[TERA2]

Did I miss a conversation about World Of Warcraft or something?

[jojo69]

first Boosh I have seen here...that gets a real merit

[4rt3m]

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

Tell it to the hundreds or thousands of bots, which programmed on TA patterns.

[smartcomet]

http://esprit-riche.com/downloads/The%20Richest%20Man%20In%20Babylon.pdf

Unlikely to launch into a 150 page tome without at least some description of why it may be relevant to my life.

The Richest Man in Babylon is a book by George Samuel Clason that dispenses financial advice through a collection of parables set in ancient Babylon. Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom.

So I guess it teaches you how to be wise with money, has quite high ratings aswell according to google. Haven't read it yet, but I'll probably give it a shot.

The Richest Man in Babylon
by George S. Clason

TABLE OF CONTENTS

First Published in 1926.

About the author....................5
Foreword............................6
An Historical Sketch of Babylon.....8
The Man Who Desired Gold...........15
The Richest Man In Babylon.........22
Seven Cures For A Lean Purse.......35
Meet The Goddess Of Good Luck......56
The Five Laws Of Gold..............71
The Gold Lender Of Babylon.........85
The Walls Of Babylon...............99
The Camel Trader Of Babylon.......104
The Clay Tablets From Babylon.....116
The Luckiest Man In Babylon....

[ChinkyEyes]

Have you guys seen the latest season of Silicon Valley?

This episode gave me goosebumps: https://www.youtube.com/watch?v=28IpiLraUoc

One of the advisers of the show was on consensus talking about blockchain or crypto.

[RoomBot]

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.

So the BTC ETF victims of Wall Street got (somewhat) GOXed?

B.E.A.U.T.I.F.U.L!

[nanobtc]

Thanks Tzupy, for a Gox update.

[BitcoinNewsMagazine]

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

I don't think you really appreciate the power of TA. The simplest daily 50/200 MA Golden Cross would have told you to start buying bitcoin at $415 and hold. When the 3 day RSI hit an unprecedented 92.99 price was over $16,000 and was a clear signal to start selling. If you missed the top there was a dead cat bounce to $17,000 before the 50/200 Death Cross final exit signal occurred at $9300. Until daily 50 MA crosses above the 200 again we are in a bear market. Every bear market is different; this one might only last 6 months but a year is quite possible until sellers are done.

[jojo69]

Thanks Tzupy, for a Gox update.

hmmm, little chop kicking up

think I'll hang a smaller jib