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

[realr0ach]

https://www.coinfairvalue.com/

There is a learning section in the website: https://www.coinfairvalue.com/reference/

You're claiming an imaginary, valueless token has a fair market value?  And you're not only claiming that for bitcoin, but all 7000 altcoins ever created on that page, pretty much all of which will likely go to $0 followed by bitcoin itself? You might want to re-examine your methodology.  How could something that doesn't even exist except in people's imaginations be considered to have a "fair market value"?  

The fair market value of anything based on artificial scarcity is obviously zero.  Bitcoin is a withered husk of sunk cost fallacy.  The tokens don't actually have some sort of intrinsic worth.  The PE ratio is supposed to be for an actual business.  A business is supposed to turn a profit for it's owners, but bitcoin's self adjusted mining is designed to trend towards break even in the aggregate.  You're not a shareholder by holding one of the coins either because it doesn't grant you power over anything.  It's like buying a coupon to a roller coaster that may or may not exist tomorrow.

The words "PE Ratio" and "fair market value" do not apply to bitcoin at all.

Obviously you need to improve your financial education regarding the theory of currencies. I'd recommend some books, but it may be easier to start here: https://www.coinfairvalue.com/reference/ Good luck

I think you need to improve your financial education when you don't understand the fair market value of an imaginary token based on artificial scarcity is zero.  Especially when it's value is supposed to be derived from "decentralization", yet it's designed to centralize, thus having zero fundamentals on top of that.

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[1714155891]

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[jojo69]

It sure will be nice when we get rolling again and the perpetrators of these little bartlets are completely lost in the noise.

[Last of the V8s]

I went out with one of the Bartlett girls a long time back. She too was an entirely unpredictable sort - up one minute, down the next.
So yes let's move swiftly on.

[realr0ach]

up one minute, down the next.

[Toxic2040]

Good morning.

1h


D

#cryptouplift

[Torque]

Coming atcha from teh "I'm paid millions a year to state the fucking obvious" camp :

Nasdaq CEO says ICOs are 'taking advantage' of retail investors
https://www.cnbc.com/2018/06/20/nasdaq-ceo-says-icos-are-taking-advantage-of-retail-investors.html




   

[realr0ach]

Bearish:

https://dailystormer.name/who-being-a-tranny-is-no-longer-a-mental-illness-but-being-a-gamer-is/

[afbitcoins]

Bearish:

https://dailystormer.name/who-being-a-tranny-is-no-longer-a-mental-illness-but-being-a-gamer-is/

Roach, how come that page is requesting a payment of BTC to save it instead of asking you to post some physical silver?

[fabiorem]

Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic) 

Confirmed. Bottom is being held up.




Sometimes I feel like my biggest contribution to this thread is butt pictures, but I guess that's good enough.

Actually, this is the best post in this thread, in the last two weeks.

[vroom]

Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic)  

Confirmed. Bottom is being held up.




Sometimes I feel like my biggest contribution to this thread is butt pictures, but I guess that's good enough.

Actually, this is the best post in this thread, in the last two weeks.

we need a button observer thread!

[infofront]

Bearish:

https://dailystormer.name/who-being-a-tranny-is-no-longer-a-mental-illness-but-being-a-gamer-is/

Traps aren't gay.

That's all.

[afbitcoins]

Bearish:

https://dailystormer.name/who-being-a-tranny-is-no-longer-a-mental-illness-but-being-a-gamer-is/

Traps aren't gay.

That's all.

Why  you allow bitcoin cash to be talked about, or jews and silver. But not Dash ?

[infofront]

Bearish:

https://dailystormer.name/who-being-a-tranny-is-no-longer-a-mental-illness-but-being-a-gamer-is/

Traps aren't gay.

That's all.

Why  you allow bitcoin cash to be talked about, or jews and silver. But not Dash ?

I normally just allow jbreher to respond to the bcash attacks, out of fairness. Altcoin discussions come up occasionally, but shilling is frowned upon.

As for R0ach, he's a special case as the house troll. Kind of like how only the court jester is allowed to make fun of the king. Half-joking, but he has a fair number of posts deleted too.

[mindrust]

If you are bored unignore some bcash shills or roach then slap them. Then ignore again.

[bones261]

If you are bored unignore some bcash shills or roach then slap them. Then ignore again.

How would that cure boredom? I have neither one on ignore and from what I can see from their posts; it is basically SOS different day.  

[shahzadafzal]

we need a button observer thread!

Or link on the home page to go directly to Wall Obsever post’s last page.

[Karartma1]

Bart is at it again


https://tether.to/fss-report-transparency-update/
 
ok...........let's move on

EDIT: Bart sometimes moves up, sometimes moves down. Now it's up

[JayJuanGee]

More Bcash double spendings  

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

BCASH DOUBLE SPENDING IS FAKE NEWS AND EVIL SMALL BLOCKER PROPAGANDA! edit: *insert raging rogerver image*

To all the small blocker bcash insulters:

[kalehon]

[JayJuanGee]

Obviously you need to improve your financial education regarding the theory of currencies. I'd recommend some books, but it may be easier to start here: https://www.coinfairvalue.com/reference/ Good luck

Unfortunately in this world now the only thing that counts is Perceived value.

perceived value is just one component, especially if we account for differing perceptions.

For example, there is mass market perception that goes along with price movement; however, mass market perception can be manipulated by smart money - but only so far.  

There is smart money perception that can push and push its manipulation, but they can only manipulate momentum for so long.

I would say that mass market perception is an indicator that lags based on price and price movement, while smart money perception pushes the price (not always in the direction of their perception, thus the concept of manipulation against perceived value in order for smart money to accumulate or to otherwise undermine their own perceptions of value of such asset).

Even in the time that I have been in bitcoin, there have been times that we have seen an inability for smart money (the bears) to non longer be able to keep the price down, and even though overall perception may have been DOWN on bitcoin, the bitcoin price moved up, and up and up... take the $500 price point as an example... BIG money (whales) would have loved to have been able to keep BTC prices below $500 for much beyond May 2016... but at that time, they pretty much lost control of keeping BTC prices down, public sentiment about BTC remained down, and likely did not really become bullish about BTC until late 2017.