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

[HairyMaclairy]

Tether looking shaky.  Possible short squeeze on Bitfinex with price spike to above $7k again. 

[HairyMaclairy]

You’ve been saying this since about April or May and still waiting to break below $6k in any kind of meaningful way

... I'm inclined to think anybody in bitcoin for longer terms would want to be in a buy to strong buy accumulation phase now or in the near future ...

... and they would want to have that accumulation phase wrapped up by April-May '19 time frame (12 months prior to halvening) to maximise the bottom scraping accumulation.

Yes the 2014 model says we should hit absolute bottom in the next 3-4 months and be back in a bull market by October 2019.  If we cannot break $6k for the absolute bottom, that’s bullish for the next cycle.  It means this bear market has been comparatively shallow at only a 70% drop.  Historically we have gone over 80%. 

[JayJuanGee]

Bitcoin as a high value settlement system.



https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1?sk=c59b38988d77eb5725276a7296afb403

Recently, I have been thinking that attempts to plug bitcoin into mere utility, such as transactions, remains insufficient because such attempts to plug bitcoin (in terms of utility) tends to undervalue the utility of the secure control over your value that bitcoin continues to offer (which, perhaps is a bit of an intangible that will still give value to bitcoin, overall).

[r1s2g3]

Your posts look pretty pretty good and the octosphincter is sated. Choose a picture you would want as an avatar and comrade homer might put it on a cap for you.

Thanks for your words.

Bright Orange Bitcoin logo in Royal Navy Blue hat will definitely make  my day.

https://en.bitcoin.it/wiki/File:BC_Logo_.png

Did I do it right?



Avatar-sized

Thank you xhomerx10 . I love it. Absolutely fantastic.

[Phil_S]

inb4 6400 is the new 6400

Checkt the forum real quick and thx goldkingcoiner, 6400 it is

See, that's why we can't have nice things...

[JayJuanGee]

Update on 2014/18 cryptowinter model

https://preview.ibb.co/mzimSq/6-AAB6-DA5-16-FE-468-C-82-F6-EAC6-C3-C4-DD5-B.png

I love how all you buffoons that claimed I was "trolling" 10 months ago when the price was $20k and I said it was going to collapse stabilizing probably around $4200-4400 with a flash crash to $3k are now copying my exact estimate almost word for word.  

Get the fuck out of here, dumbass.

People have been proclaiming that you are a troll and a nutjob since at least 2015 - so don't try to suggest that merely because you have been calling the bottom since 2015 that you happen to know something, merely because the price happens to go down at one point that you were suggesting it.

That's just the short term call.  I still do not believe bitcoin has any future due to transaction validators being designed to centralize and it not being possible to create a decentralized digital currency in the first place.  So the only way the price can go up is not via fundamentals, but only by fraud or by govts trying to force it on people.

Yes.  Keep wishing, while both failing to recognize BTC fundamentals and wearing your PM blindfolds.

[JayJuanGee]

don't be writing just to write ?  

There is a concept called discretion, which involves personal choice(s).. and yes BIG words and ideas, in the case that you seem to be admitting to having difficulties understanding certain seemingly obvious points, connections and concepts (whether purposeful or not).

I doubt that you can determine arm-chair psychology in a sufficient enough manner to understand the purpose(s) behind any members posting behaviors, unless the member tells you, and surely reading a bunch of posts might not be enought to figure out what you are attempting to assert as your supposedly sage advice.

Anyhow, you seem to be dealing with a lot of insufficient information/knowledge and a considerable amount of presumption.

[JayJuanGee]

Just finished cleaning my bike. Thank you Bitcoin! 

Weren't you making some bitcoin consumption braggings just before one of the last exponential growths (like in the $700s)?   Yes.. an earlier Duccati, too.

 In other words, if you are again proclaiming bitcoin consumption and considering that others should sell now, that must mean BTC prices are inclined towards up.

[Phil_S]

Business idea:

[Elwar]

Was roach right all along? Time to read Mein Kempf?

You should read mein kampf regardless. Those who don't learn from the past are doomed to repeat it.

You can skip Mein Kampf.  A much better, modern discussion of the 'The Jewish Question' and why Jews are an evil cult that has to be expelled or exterminated to prevent them from destroying you and anything else they touch is Judaism as a Group Evolutionary Strategy by Kevin MacDonald.  They aren't humans, they're anti-humans.  Anything they perceive as positive or beneficial for a group that is not them they see as something they need to destroy:

<img>What if I told you jpg</img>

That everyone who wants to manipulate a bunch of people to attack their enemy must first convince people that their enemy is not human.

It has happened throughout history with every culture that has gone to war.

Guess what? All humans are humans. Even <insert your leader's enemy here>

[realr0ach]

Pretty fucking obvious bitcoin is a govt backed Jew scam as well when France introduces vast new Orwellian internet censorship in order to try and stomp ONE SINGLE WEBSITE out of existence due to it being pro-white, anti-multiculturalism, and critical of the Jew:

https://dailystormer.name/stormer-volume-64-censorship-for-the-frogs/

You don't see them trying to implement ISP-level censorship of shitcoins, do you?  You don't see them trying to "de-platform" bitcoin apps simultaneously from the Google and Apple app stores like they do to Alex Jones either do you? Nope.  Because shitcoins are govt backed and promoted.  They want you using this garbage instead of physical metals to segue/bait and switch you into a cashless society control grid akin to the Chinese social credit score system.

[HairyMaclairy]

I don’t know what Roach is saying as I have him on ignore - but there is no point in discussing anything with him.

It is clear that he has some problems in his life that he does not want to take responsibility for but rather wants to blame on an external agency.  

He is beyond rational thought as dealing with these issues would require him to confront some uncomfortable truths about himself.

[JayJuanGee]

I don’t know what Roach is saying as I have him on ignore - but there is no point in discussing anything with him.

It is clear that he has some problems in his life that he does not want to take responsibility for but rather wants to blame on an external agency.  

He is beyond rational thought as dealing with these issues would require him to confront some uncomfortable truths about himself.

Huh?  Why would we necessarily conclude that he is even a real person, rather than being paid to either distract from the bitcoin topic or to pump various other off topic nonsense?

When topics are related to bitcoin, sometimes there can be usefulness in clarifying the nonsense that he is spouting out.  In other words, I cannot really agree with the ignore trolls argument.. because some people will get confused by their purposefully misleading (and even seemingly overlapping) talking points.

[Ibian]

I don’t know what Roach is saying as I have him on ignore - but there is no point in discussing anything with him.

It is clear that he has some problems in his life that he does not want to take responsibility for but rather wants to blame on an external agency.  

He is beyond rational thought as dealing with these issues would require him to confront some uncomfortable truths about himself.

If you believe that then why do you care? Why take the time to talk about him?

[Ibian]

Welp, my bank just screwed me. I have apparently been depositing too much fiat from private sales and they just told me no more. They are supposed to contact me with an official statement later today, but not expecting anything. This completely sucks.

[Rosewater Foundation]

[realr0ach]

Welp, my bank just screwed me. I have apparently been depositing too much fiat from private sales and they just told me no more. They are supposed to contact me with an official statement later today, but not expecting anything. This completely sucks.

Exhibit #4032 on why shitcoins are useless.  Not only are transaction validators designed to centralize in every single one destroying the thing they're supposed to derive any value prospect from, even if they weren't designed to centralize, you still just convert to fiat and store it in a legacy Jewish banking facility anyway.  

It was already obvious shitcoins do not get rid of banks even with all the conmen claiming they do for the same reason people put money in banks instead of stuffing it under their mattress.  They want to outsource responsibility to someone else.  That and they want the money to be locked up into some type of legal trust for things like next of kin wills and such.

[Totscha]

Welp, my bank just screwed me. I have apparently been depositing too much fiat from private sales and they just told me no more. They are supposed to contact me with an official statement later today, but not expecting anything. This completely sucks.

Yup, that's how banks work.

AML: Making sure any money laundering taking place is done by them.

[Phil_S]

We won't need banks with communism.

[realr0ach]

I'm not sure how localbitcoins even exists and isn't shut down if they just grab people off it at random and charge them all with operating an illegal money transmission business.  This guy only sold 10 bitcoins on it and somehow gets arrested and charged with felonies?

Earlier this year, U.S. Immigration and Customs Enforcement officials arrested Morgan Rockcoons in Las Vegas and charged him with money laundering and operating an illegal money transmitting business. Rockcoons, CEO of Bitcoin Inc., exchanged 10 bitcoins for $10,000 with undercover police in 2017.

TLDR:  Don't use localbitcoins for anything.  Don't use banks.  If you see a Jew, tell it it's not allowed in your country.