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

[JayJuanGee]

When your 100,000 dollars went down to 10,000 dollars it's just meh. When your 10 million goes down to 1 million, that's... harder.

I'd say it would probably be a lot worse going from $100k to $10k.  Also, a lot of people on this forum don't seem to understand bitcoin might still be in the $200-$1000 range without the enormous amount of Bitfinex and Chinese exchange fraud.  I mean, it's 100% fact that the entire market has been controlled by a single entity operating on Bitfinex since the price was $200.  This entity is either the exchange owners themselves or the Chinese mining cartel who operates in league with the exchange owners while getting kickbacks, or some giant whale like the ESF/Goldman Sachs rigging the market.

If this manipulation is removed or implodes, people calling for $3k bottom might be high balling it by a lot and the thing could crater down into the hundreds of dollars again.  It feels like to me though that the shitcoin market is being artificially propped up to try and distract people from gold and silver on purpose.  The next bull run on metals will probably break the bank so to speak from failure to deliver in LBMA/Comex/etc.

Roach, where do you live?

In a r0ach nest?

What country do you live in? Also what is your ethnicity and age?

The roach ain't gonna answer any of your questions with anything close to "real information" because answering those kinds of questions is not in his/her/its program... S/he/it participates in this WO thread merely to distract us from talking about bitcoin, and spreading various kinds of incitefull nonsense.

[1715641251]

1715641251

[1715641251]

1715641251

[1715641251]

1715641251

[1715641251]

1715641251

[criptix]

https://www.youtube.com/watch?v=dAJLJRRJY3E

420

 


PS: Dennis Rodman for 2020

[JayJuanGee]

Thank you lol, I have finally gotten my answer on this. Chartbuddy used to post in this thread all the time years ago, and when I finally came back to the forum recently I noticed it was gone. I have been wondering what happened to it!

At least now I have some closure  lol

Chartbuddy's creator was burned at the stake, accused of heresy. Though he escaped with his life, and continues tracking the markets for all to see in a more hospitable environment.

If anything you deserve to be burned at the stake with him, if that were the case, because you both were BIG blocker nutjobs, but for some reason you thought that you could continue to serve your evil doer masters (Roger, Jihan and Craig) by continuing to participate in this thread with your BIGblocker nutjob conspiracy theories which transform out of convenience into Bcash pumping and other denigrations of bitcoin. 

Sure it is possible that you have actually employed a more diverse investment strategy that allows you to sometimes confine yourself to the more central topics of this bitcoin thread......

Also, Richie_T whine quitted, and surely he could come back here and be welcomed back, but for some reason he has too much emotion and/or pride and perhaps strives to receives some kind of princesa treatment, which none of us are entitled to that kind of princesa treatment (even though also Richie_T was very well respected for his bot contributions.. but chose to use the removal of such chartbuddy bot as a dramatic exit (mike hearn style or some other prima donna snowflake visions of self).. 

Let's say he comes back, and he would likely get razzed and harassed for a bit of time by some of us, but in the end, there is nothing stopping him from coming back.... except his own pride.

Same with you jbreher.. with some of your nonsense supporting of bcash, and BIG blocks and seemingly hostile positions against bitcoin (while trying to act like it is merely "free market.. blah blah blah), if you don't show too much of your nonsensical pumping of shit, spreading misleading ideas and attacks on bitcoin, then after a while people in this forum will credit you for your contribution and ideas.. but part of the problem for you is that you cannot help yourself to devolve back into nonsense politics that get rejected over and over in this forum by members, and that includes your inability to refrain by an historical reformulation that Richie_T  did not voluntarily remove himself based on his own crybaby taking of his marbles from the playground but instead implying that he was "forced" out... what bullshit..

[STT]

When your 100,000 dollars went down to 10,000 dollars it's just meh. When your 10 million goes down to 1 million, that's... harder.

I know someone who won 200k and was back in a work a week or so later.   Its not much in consideration of lifetime bills.    Going down to 10k means you really dont have anything so your room to flip it back up is limited, you have to be paying those bills asap which means little time for anything exotic.

On the other hand going to 1 mill still leaves alot of options.  Some might say this even is not alot in that lifetime perspective and sure maybe but it leaves enough leeway to swing your fortunes back up again.  You can in theory trim down your costs and possibly get a plan together in whatever your expertise is and get back to the 10mil level perhaps.  You got a shot and the space to do so.  

10k on the other hand is going to require some magic and almost zero costs not to be burning it very quickly.  Your back in rat race for sure, on the treadmill.   Seems a bigger relative loss to me.   Buffet said he can double the first million far more easily then he can progress that later 10 mil into double again or the larger sizes.   After a certain point your footprint is too big I guess, I think a 1 mil float is the sweet spot maybe people at that level go up and back down alot.



Heres a short term test, the previous floor as a ceiling.   There should be bigger levels then just this super focused view.    People appear to think the price should go down but seems too simple to me, anytime people expect it or are consigned to that possibility the market usually defys expectations.     Still looking for a bigger test upwards to try and fail first.  Seems a bit drab and just too tired a move to go big.

Is the surprise to the upside and the china positive news more then just a rumour.   Possible I just dont know the weight of probability

[Robin,Hood]

Waiting two years is not game over. It’s a minor inconvenience.

Game over for any type of ATH between now and halving.

Do not mind the capitulation talk...showing the blood on the streets is a good thing.

Mid January will be the lowest price then it will gradually build up to the next halving. It will be epic like no other.

[jbreher]

When your 100,000 dollars went down to 10,000 dollars it's just meh. When your 10 million goes down to 1 million, that's... harder.

On the other hand going to 1 mill still leaves alot of options.  

When you have 100K saved, you still need to work. Going down to 10K doesn't change that fact.

OTOH, 10M is a safe retirement range. Dropping to 1M means ya gotta go back to work. At least 'round these parts. Big change.

[regent4]

https://i.imgur.com/YyTprtV.png

Double Bottom.  Analysis here.

http://blockchainshowdown.blogspot.com/2018/06/btc-usd-13th-june-2018.html

[Rosewater Foundation]

back to work.

My worst fears have come true. Wild ride, man

[Robin,Hood]

Hashrate can not be significant increased with old machinery. New equipment is expensive and miners must be confided to make nice profit in times to come.

[JayJuanGee]

back to work.

My worst fears have come true. Wild ride, man

A seemingly repetitive theme, rosewater.

Which of the scared ones is you?

[dmwardjr]

USD is too strong for now  

I think you need to focus your frustration on the Central Banking System and/or the Federal Reserve System.

[mindrust]

This recent dump has something to do with the upcoming interest rate hikes from FED.

The main question here is;

Is the US strong enough to carry anything above %2-2.5?

We all know they were lying in 2008. That's why they had to go from %5 to %0.25. And what makes us think they aren't lying now? The same crooks were in charge of money back then, as they are now.

The whole system has collapsed in 2008. They tried to get away with 1 big sacrifice *Lehmann Bros * in exchange for another 10 years of extension time in this scam system. It has expired.

[dmwardjr]

We all know this recent dump has something to do with the upcoming interest rate hikes from FED.

The main question here is;

Is the US strong enough to carry anything above %2-2.5

We all know they were lying in 2008. That's why they had to go from %5 to %0.25

And what makes us think they aren't lying now? The same crooks were in charge of money back then, as they are now.

Bingo!  Thanks for pointing out it's the same crooks lying to us now as before Trump ever got into office.

The Federal Reserve also knows as they increase the interest rate, it makes the US dollar and treasuries more attractive than the FIAT and treasuries of other countries.  Especially, if those other countries have a lower interest rate.  Some are even in negative interest rates.

Many of those countries also pay off their debts in dollars.  If their currency becomes less valuable against the dollar, it requires them to use more of their own currency to buy dollars to pay off debts.  This in turn increases the stress on their economy because of having to use more of their tax receipts to service debts owed in US dollars; and thereby making their FIAT (currency) less attractive; resulting in dump against the dollar.

Of course, their are many more things to discuss and/or take into account in regards to "stressed" economies and/or financial systems.  We're definitely in a currency war and crypto is caught up in the middle of it.  At least crypto will be caught up in the middle of it soon in countries still controlled by the Central Banking System.

Below, is a great video by Andreas Antonopoulus in regards to crypto and currency wars:  

"Andreas Antonopoulos - Currency Wars and Bitcoin's Neutrality" - https://www.youtube.com/watch?v=6ZCVQHtD2l4&t=1973s

[luckygenough56]

triple bottom zone, please post accordingly

[Totscha]

triple bottom zone, please post accordingly

So, we have a short rally to 10k, followed by a year(s) long bear market with prices in the 3k range?

Is this what you meant?

[luckygenough56]

i just wanted someone to post nice three bottoms pictures but i agree with your prediction. After 2013 correction, there was a last run up before the great depression

3k can take months/years to come

[alevlaslo]

at the end of the year BTC $100 000 will be

[luckygenough56]

at the end of the year BTC $100 000 will be

From that perspective, totally possible too. I like it.

[alevlaslo]

after 2 years $ 1 000 000 will be

[luckygenough56]

after 2 years $ 1 000 000 will be

that's when world will go mad lol.

The only way to make money in the future will be to already have some and speculate. No more normal jobs lol. Just pure speculation that will plague the world haha.