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

[Elwar]

In case the noobs on the forum like JayJuanGoyim didn't believe me the other day when I was talking about just how close to breaking the paper markets in metals are, some guy on Zerohedge wrote up a bunch of the same stuff today:

Not in your safe, not your gold.

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[HairyMaclairy]

Roach you are a fucking idiot.  You have been banging on about PMs for the past 5 years and fat lot of good it would do for anyone to follow your advice. 

Exhibit 1: 

[realr0ach]

I see Jew shill Hairy McWhatever is pretending he's not inside of a fraudulent casino.  It doesn't matter what you make inside the casino, it only matters what you can run out the front door with.  I do not give a flying shit if by some miracle a retard somewhere makes +10% betting on Caterpillar stock.  I'm playing solely for the endgame, which is nigh.  And imaginary, valueless shitcoins are a complete non-factor compared to physical metals in the endgame.

[HairyMaclairy]

Whatever dude. Have a nice Rapture and good luck eating your silver coins. 

[infofront]

5 Year Bitcoin

[goldkingcoiner]

Whatever dude. Have a nice Rapture and good luck eating your silver coins. 

Is there a meaning behind that?

[realr0ach]

5 Year Bitcoin

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

Which is the classic chart identical to every single pump and dump scam that has ever existed.  But then you have all these autistic noobs coming along make-believing that all charts are supposed to repeat in a fractal pattern infinitely.  If that was the case, everyone would simply front run said fractal, all be on the same side of the trade, and fractal pattern immediately dies because there's solely front runners and no marginal buyers to buy the next iteration of pump and dump.

I'm not trying to play Russian roulette or blackjack over here.  All I care about is finding the asymmetric trade, which means finding assets that you can easily tell have been artificially suppressed.  That asset is silver, and to a lesser extent, gold.  Shitcoins are still in a state of artificial pump by any metric.  Sure, it's possible the single entity that controls the entire worldwide bitcoin price that operates on Bitfinex (which is probably someone like Goldman Sachs, the ESF, or Bitmain) will artificially try to raise it higher, or maybe they don't and you lose money.  

I don't take 50/50 gambles or participate in completely non-aggregate markets controlled by a single entity that can do anything they want to price.

[windjc]

Whatever dude. Have a nice Rapture and good luck eating your silver coins. 

Lol. Why don't you have this poor soul on ignore like everyone else in this thread?

[HairyMaclairy]

Lol. Why don't you have this poor soul on ignore like everyone else in this thread?

Good question. Fixed. 

[bones261]

Lol. Why don't you have this poor soul on ignore like everyone else in this thread?

Good question. Fixed.  

I don't use ignore because I always find myself peeking.

[Totscha]

Lol. Why don't you have this poor soul on ignore like everyone else in this thread?

Good question. Fixed.  

I don't use ignore because I always find myself peeking.

It's easy now. Just don't take anyone without a hat seriously...

[Icygreen]

Such a shame that any detectable intelligence is drown by such shallow prejudice and bigotry.

[goldkingcoiner]

Such a shame that any detectable intelligence is drown by such shallow prejudice and bigotry.

Its also quite interesting how he comes everyday to post the same thing in different ways.

You would think he had a job. Or hobbys. something.

[Speculatoross]

Which is the classic chart identical to every single pump and dump scam that has ever existed.

[realr0ach]

Which is the classic chart identical to every single pump and dump scam that has ever existed.

https://i.imgur.com/WVS0ASe.jpg

I honestly do not give a shit what bitcoin does.  I am far more interested in lobbying for the govt to execute Marxist Jewish spies like they did to the Rosenbergs in the old days.  As for shitcoins vs real money (silver and gold), it's pretty obvious since transaction validators are always designed to centralize in shitcoins, that you are just handing MORE power to the state by advocating for them in the end game.  

Why the fuck would I advocate for a completely centralized, Orwellian tracking system run by the govt that can just blacklist your funds at will if they don't like you like they ban Twitter accounts?  That's complete dystopia. You would need tens of thousands or more transaction validators to avoid that, NOT the 2-10 or whatever that shitcoin has  at any given time.  That's a joke of "decentralization".  A complete joke.  I am surrounded by idiots.

[Icygreen]

Such a shame that any detectable intelligence is drown by such shallow prejudice and bigotry.

Its also quite interesting how he comes everyday to post the same thing in different ways.

You would think he had a job. Or hobbys. something.

Ya, I'm starting to weigh in the possibility of Autism/Asperger's

Whadaya think r0ach, you an aspie?

[Wekkel]

You would need tens of thousands or more transaction validators to avoid that

Rome was built in 1 day. I get that.

[realr0ach]

You would need tens of thousands or more transaction validators to avoid that

Rome was built in 1 day. I get that.

It's 100% impossible to create a decentralized digital currency.  For consensus you are always relying on a focal point.  That focal point is going to be something like stake, hash power, or some other completely arbitrary, quantifiable metric.  This metric branches off into only two real possibilities, either a winner take all race condition, or something involving compound interest...which is the same thing in practice. 

It is like evolution in the natural world.  Whoever is fit mines the coins, while everyone else dies, until some tiny number of organisms, or just one, have a complete monopoly on the land.  People all already knew this shit in the old days because you would see Gavin make dumb posts trying to claim shitcoins are not a zero sum game.  All forms of money are zero sum games. 

If the money has a functional Schelling point and I have lots of it and you have none, you are now my slave.  Luckily, the most abusive, designed to centralized forms of money like fiat and digital shitcoins do NOT have functional Schelling points, so it doesn't matter at all if someone has more of it than you.  People simply refuse to use it or abandon it.  On the other hand, if you own none of the money that actually does have a functional Schelling point, you are in deep shit.

[HairyMaclairy]

Looks more like 2011 than 2014 on this chart ...

[StartupAnalyst]

Crypto community infographics