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

[realr0ach]

Of course, you would attempt to present wrong information in order to denigrate the direction of bitcoin and to imply that there is some better system - such as bitcoin forks.. such as bcash. 

Is this the biggest example of a false dichotomy ever?  Our only option is shitcoins vs....shitcoins?  Let's pretend physical metals don't even exist because it would be totally inconvenient for shitcoins since metals perform the role of money better in every manner.  What do fiat, derivatives, shitcoins, and any other type of scam you can think of all have in common?  They can all be transferred effortlessly over a digital cable because...you're not actually transferring anything of value at all.

[Wekkel]

What do fiat, derivatives, shitcoins, and any other type of scam you can think of all have in common?  They can all be transferred effortlessly over a digital cable because...you're not actually transferring anything of value at all.

It is transferring beliefs (implied or actual). Quite a human achievement I would say.

[Icygreen]

An Idea more than a belief however we believe because its a strong idea.

[JayJuanGee]

Of course, you would attempt to present wrong information in order to denigrate the direction of bitcoin and to imply that there is some better system - such as bitcoin forks.. such as bcash.

Is this the biggest example of a false dichotomy ever?  Our only option is shitcoins vs....shitcoins?  Let's pretend physical metals don't even exist because it would be totally inconvenient for shitcoins since metals perform the role of money better in every manner.  What do fiat, derivatives, shitcoins, and any other type of scam you can think of all have in common?  They can all be transferred effortlessly over a digital cable because...you're not actually transferring anything of value at all.

I don't know exactly roach, because there seems to be a tendency for shit coins to denigrate bitcoin and to attempt to pump their shit, just like you attempt to pump your shitty PMs....

And, ultimately, I am not sure how to rank these various assets in terms of soundness of money and a realistic and practical timeline, except that bitcoin is on top as the most sound of the monies/assets... at least under current fundamentals.

Personally, I hardly have any kind of investment in any alt coins because I consider them to be shit.  There is a certain aspect of fiat that is merely practical and not bad idea to keep some money in fiat just to be able to pay bills for 6 months (and if a certain amount of cashflow and maybe all of it starts in fiat, then that is part of the calculation about what to do too)  

In late 2013, when I began to buy into bitcoin - including BTC accumulation that later evolved into maintenance (and even sophisticated maintenance), I was looking for a hedge against my dollar investment - and gold never really did seem practical in terms of its storage costs, lack of divisibility and portability, and just questions regarding its supply manipulation (and potential of such).  Even in 2013, I considered bitcoin to be a much better investment than gold - and it seems that subsequent developments in bitcoin and even my learning more about bitcoin, the reasons (and fundamentals of BTC) seem to be even more compelling than they were in 2013, at least in terms of soundness of money.

On the grounds of soundness of money, there does not seem to be any alt coin, asset or fiat that seems to be even close to bitcoin - and your case for ongoing pumping of gold/silver PMs has not come to make anymore sense during this time... and perhaps less sense because the Armageddon scenarios in which gold might become practical seem quite outlandishly unlikely, so in that regard, it does not seem prudent to be putting much if any assets into gold/silver.  

By the way, some of the dumpy coins may have better sound money performance in the coming years as compared with gold silver and other PMs, so that would be part of the confusion about how to rank these assets (whether crypto or otherwise), because gold and silver just don't seem to fare well.. in a variety of likely scenarios... and even though in the longer run, bitcoin is likely to be the main one that really matters... but we could end up falling into a kind of 80/20 rule situation in which there would still be room for 20% of value to float around in other assets, including PMs, cryptos and fiat currencies or other instruments.  Likely gold/silver would not serve a very high percent, and lucky if it were to even comprise 10% in a variety of best case scenarios for it.

[xhomerx10]

 

Avatar sized

 

[HairyMaclairy]

Omg that’s hilarious

[xhomerx10]

https://i.imgur.com/uHPIvOv.jpg

Wow. That's some badass work there, dude.

Very nice !

 Thanks.  You guys are my inspiration though.

[elrippos friend]

Just HOLD 

Yeeeaaaaahhhhhhh 

[elrippos friend]

we could loan him to bitcoin twitter - sharpen up his concision considerably

DAMN, I had to look that shit up! I've never seen conciseness spelled like that nor concise used in that form.

Its a new word everyday or my memory is getting    substandard, poor, inferior, second-rate, second-class, unsatisfactory, inadequate, unacceptable, not up to scratch, not up to par, deficient, imperfect, defective, faulty, shoddy, amateurish, careless, negligent, miserable, sorry; incompetent, inept, inexpert, ineffectual, awful, atrocious, appalling, execrable, deplorable, terrible, abysmal, crummy, rotten, godawful, pathetic, useless, woeful, bum, lousy... (google ran out of synonyms).

wow many new pages HOPE to have a good laugh tomorrow...., for today the session ended , all in a good ending.

some go to BITMEX casino and so..... i prefer my BTCincreasing manners, especially when i run like today.

goodnight so f***ing tired of just screen watching today.

Grab a Beer and watch the game!



I'm about to run out and grab some now and meetup so cya all l8r.


JJR I release you from the logic trap.

For my professional career I was UAD guy.  But recently I have been collecting Waves plugins. Their new pricing model is appealing.  S/W not H/W...

H/W too. Add some flavor of SoundGrid server, and you've got HW acceleration just like the UAD stuff. And networked IO to boot.

Ah.. I meant H/W as in iron.  Mics, preamps, etc.

But Soundgrid is interesting.  That said my relatively new/cheap i7 runs endless amount of plugins now.  The whole DSP thing is sort of uneeded now.  I guess unless you want to track through the plugin...  Even then my MADI card has low enough latency I already could if I wanted to.

your I7 has all these plugins?

https://blog.barkly.com/meltdown-spectre-patches-list-windows-update-help

Light beer is for pussys 

[jojo69]

that tea party hat is gorgeous

[Wekkel]

Interesting analysis: Bitcoin Network Momentum by PositiveCrypto https://link.medium.com/OqclFfjn8Q

Key point is that the next bull run is probably at least a few months ahead.

DCA-accumulation time. We need more hats.

[Totscha]

Just HOLD 

Yeeeaaaaahhhhhhh 

Guess there really is no accounting for taste...

[serveria.com]

 

Avatar sized

 

I really think you should start your cap design business! Could earn much more than by HODLing. 

[BTCHadzija]

[realr0ach]

bitcoin is on top as the most sound of the monies/assets

I hope you do not actually believe this.  The "bitcoin as an infectious disease model" is correct.  Marcus saw it and immediately got upset because he knew it was legit.  There's a certain percentage of the population who is susceptible to the scam, then others who are completely immune.  There will be no neverending 45 degree angle of adoption/growth because that's not how diseases work.  Disease outbreaks come in and hit whoever they're going to hit fast and that's it.

Look at the comment section of many of these Youtube videos.  The amount of people who don't like bitcoin and refuse to touch it because they know it's a trojan horse to a cashless society slave system is enormous.  They have no intention of giving up the human right of physical money, nor do they want all their transactions tracked and monitored like an Orwellian system on steroids, then have their account balance turned off by the state because transaction validators are designed to centralize and can easily blacklist you (just as Aaron Russo predicted).

'Acceptability' is one of the main components of money, and an enormous percentage of the population boycotts this garbage because they know the endgame of shitcoins is a huge negative to human freedom.  It's 100% guaranteed to be completely centralized and controlled by the state in the end - an exact replica of the Chinese social credit score system, ushering in a new age of unfathomable horror.  You need to be just stark raving retarded to support craptocurrency over physical metals once you realize the inevitable endgame.

[Wekkel]

"trojan horse to a cashless society"

Ahem, by all means we are a cashless society already. Thinking that this will move in the other direction soon with networking/mobile/digitalisation only just having started in earnest, is chasing dreams.

You're too late, bro. That ship has sailed (with Gold lost along the way).

[El duderino_]

The energy of the sun, stored as ideas, traded as value.

Metapost: I've been sorta-kinda looking into the idea of having my cremated ashes loaded onto a rocket, and shot into Sol, upon my passing. Rick will get at least 50% of my ashes, tho.

Can't be done for less than ~$5M USD at this time - for the sake of argument.

Then I think about how much that $5M could be put to use supporting my sibling's children.

But what if they turn out to be "unworthy" of what I leave behind ? What if my nieces and nephews turn out to be complete degenerates (hey you, stop snickering. I know what you are thinking) and don't deserve 50% of my estate ?

First World Problems.

EDIT: Also, depression has set in again. About to crack open beer #5. Bleh. What toy to play with next in my studio...

Feeling kinda depressed too, probably spend £200 on drugs tomorrow. This time last year we were close to beginning an epic bull run which saw us nearly touch $20,000 per coin. I enjoyed spending all the free shitcoin’s from Roger over the preceding 6-9 months. I was living like a King, still got some of that crap left although admittedly not much.

Just got to keep praying my solid HODL stash brings me great riches in a few years.

In other news I got another new tattoo today.

show the tattoo 

and lets hope your stash is going to make you a rich man.... i think every early adopter/hodler deserves to be awarded for believing and patience and for beeing part of this NEW anti banking scammers operation.

welth is on your way brother

[STT]

For me, our failure to break away from the red long term downtrend line (so far) tells me we are still in a bear market.  That’s all I need to know.

I have drawn a similar line but also there is support and some idea of a series of higher lows though the recent low broke below that trend.   Also I dont know if that spike up was just noise or something bullish

[El duderino_]

hat update and increasing

   







= first creation collectors item
=XhomerX work but sidechained
=still in protest !!!!!
=magic altcoin hat 

= WHO is this one ?
=in need of a PROPERLY hat 
= WEKKEL?
= nice for fun



still in progress ? vapurminer,LFC,raja_mbz,karatma,sirazimuth,searing,poolminor,wekkel,cAPSLOCK,mindrust,torque,crypmike,heuristic etc........ pfffffffff if you wanna get them all,LONG WAY TO GO 

IS THIS THE WHOLE COLLECTION @THE MOMENT ??

[El duderino_]

shorting a BULLmarket

hahahaha nice one

https://twitter.com/olya_crypto/status/1052900184928215040

Dedicated to Crypto’s #1 Troll

https://twitter.com/CryptoBrekkie/status/1053119261210632192