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

[realr0ach]

I expected much more from you.

Yes, I realize I'm the only beacon of light in a thread full of tards and scammers, but someone else needs to carry the torch sometime.  The only other person I know of involved with shitcoins who isn't a clinical liar and scammer is probably this guy (his Youtube channel):

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

Great Youtube channel.  I talked to him about metals and the only reason he seems to prefer shitcoins more is because he's some type of Elwar guy that moves around a bunch of 3rd world Asian countries and it's easier to get them through an airport.

[jojo69]

BTCMILLIONAIRE is a very trusting soul.

[realr0ach]

BTCMILLIONAIRE is a very trusting soul.

Nobody shilling for centralized, imaginary, valueless tokens that are completely inferior to physical metals as a currency and settlement system is trustworthy.  The only possible reason someone could do such a thing is entirely self interest (pump and dump).  

That's why all these Bitcoin cruises and meetups are fucking miserable.  The only four possible participants in such a system are sociopaths, psychopaths, liars, or fools who can't figure out it's not even possible to create a decentralized digital currency in the first place.  Transaction validators will always centralize in every single one, and the endgame of all of them will be a permissioned ledger tracking and control grid like the Chinese social credit score system.

[d_eddie]

It is not if the Bitcoins we hold on exchanges are a significant part of out stash (which should not be for reasons well known) the question is if it will be a significant part of the exchanges stash.

Also and some people here have hinted it (even if backwards)... chain analysis. Yeah, but not of the users but of the exchanges. It will be an exceptional opportunity to clearly identify hot, warm and cold wallets of most exchanges in addition to what we already know. To quantify holdings and, more importantly, to extrapolate the impact on the cold wallets in relation to the average "proof of keys".

I don't know why some people think 3 january is the day they should do the withdrawal, that's crazy, it should be done way ahead. 3 January is the day where everyone wanting to follow should have already been out for the whole day.

Things like this maybe would push exchanges to implement a proof of funds in the way I outlined like one year ago. The fact they are not doing it already, being a very simple process to implement, makes me very suspicious.

For the first time in history we have some asset that can be cryptographically proved to be 100% non fractional and we are not taking advantage of that. Shame.

Sharp as usual. Deserving merit, but for the time being I must work with what I have.

+1 WOsMerit.

[infofront]

Are you not worried if the global economy takes a down turn this could effect bitcoin prices?

"If" the global economy takes a downturn?  Debt based monetary systems require infinite growth to not collapse.  The two main factors to feed said growth are global energy production and population.  Global energy use and production have been flatlind for A LONG TIME, and population growth has peaked in every nation that matters (as they should, otherwise everyone would die from reproducing out of control).  So the system is mathematically doomed.  Setting interest rates to 0% or lower to try and stop it would just create more malinvestment and an even bigger, catastrophic crash.

In the end, there are two main relevant facts:

1)  Borrowing has to have some type of cost

2)  Lenders who are morons and lend to people who can't pay back have to eat the loss

Martin Armstrong had an excellent blog post recently that relates to this:

https://www.armstrongeconomics.com/markets-by-sector/interest-rates/the-central-bank-war/

[Hueristic]

Page 22222

Not bad WO’s

Come on you HAT carriers

Signed in and noticed 444444 reply's

BTW, if you guys are looking for a great site to extract images for meme material, check this shit out.

https://www.remove.bg/

Saw it on Twitter a couple days back. Some machine-learning app type thing that takes an image, and erases the background, only leaving the human behind.

It's how I extracted Mr. Sutherland for the Photoshop work.

It's fucking sorcery. Sheeeit !

Damn, that is killer!

Why in the world we would need this network stress test? Everything works as expected. Looks like an evil plan to sabotage BTC

Because without something like this, we really don't know the extent to which exchanges my be engaging in partial reserve and rehypothecation.

Not only that, when it pumps less of it will get to exchanges to dump.

[Elwar]

Prediction.

Price shoots up over 100k on Jan. 3. But nobody has bitcoins on the exchange to sell. By the time they are back on the exchange the price is back down to the Jan 2 price.

 

[Hueristic]

Prediction.

Price shoots up over 100k on Jan. 3. But nobody has bitcoins on the exchange to sell. By the time they are back on the exchange the price is back down to the Jan 2 price.

 

[RealMachasm]

Prediction.

Price shoots up over 100k on Jan. 3. But nobody has bitcoins on the exchange to sell. By the time they are back on the exchange the price is back down to the Jan 2 price.

 

I think this is the reason why this experiment will have a limited effect. The price is likely to rise somewhat depending on how short exchanges are of BTC. People will be scrambling to put their BTC back on to exchanges to get a bit of the better price action. As a result this will dampen the price rise.
It will be interesting to see how it pans out.
I for one, have already moved all my BTC into cold storage.

[realr0ach]

https://dailystormer.name/shitlibs-reject-border-wall-funding-while-demanding-endless-war-in-syria-for-jews/

[mennguyen]

14 Days Historical Data
Date           Opening price   Closing price   Minimum price   Maximum price
2018-12-22   3898.080        4013.310        $3855.739        $4013.310
2018-12-21   4133.700        3896.540        $3850.946        $4198.430
2018-12-20   3742.200        4134.440        $3728.975        $4191.229
2018-12-19   3706.820        3745.950        $3687.230        $3949.323
2018-12-18   3544.760        3696.060        $3487.169        $3701.349
2018-12-17   3253.120        3545.860        $3253.123        $3597.918
2018-12-16   3236.270        3252.840        $3233.820        $3305.753
2018-12-15   3244.000        3236.760        $3191.303        $3275.378
2018-12-14   3311.750        3242.480        $3206.542        $3329.556
2018-12-13   3487.880        3313.680        $3298.132        $3489.740
2018-12-12   3421.460        3486.950        $3414.213        $3534.229
2018-12-11   3497.550        3424.590        $3392.250        $3513.185
2018-12-10   3612.390        3502.660        $3470.145        $3647.333
2018-12-09   3469.090        3614.230        $3469.094        $3685.306

[jojo69]

These are the dead hours, the thread is always quiet around this time.  06:00 UT

[JSRAW]

Prediction.

Price shoots up over 100k on Jan. 3. But nobody has bitcoins on the exchange to sell. By the time they are back on the exchange the price is back down to the Jan 2 price.

 

[infofront]

These are the dead hours, the thread is always quiet around this time.  06:00 UT

A merit for the hell of it.

[JSRAW]

These are the dead hours, the thread is always quiet around this time.  06:00 UT

A merit for the hell of it.

Now your profile looking good with 1500 merit   

[VB1001]

Good Morning WO´s !!! the same as 25 days ago, trying to keep above $4000, if we do not get it ..., we will return to the battle.

[LFC_Bitcoin]

Prediction.

Price shoots up over 100k on Jan. 3. But nobody has bitcoins on the exchange to sell. By the time they are back on the exchange the price is back down to the Jan 2 price.

 

I’d use Localbitcoins & sell slightly under market vslue - no problem

@Boblawblaw - That photoshop type free service is fucking awesome - Thanks

[serveria.com]

Prediction.

Price shoots up over 100k on Jan. 3. But nobody has bitcoins on the exchange to sell. By the time they are back on the exchange the price is back down to the Jan 2 price.

 

Prediction #2

Too many retards move BTC out to cold storage. An exchange or two goes bust. I'm sure you know what effect this will have on BTC price? Well, at least historically we saw big exchanges going out of business but never 2 or 3 of them simultaneously. BTC price plummets to double digits.

Great job guys, it was a good cause and stuff and we proved rehypothecation etc but there are no winners and there's price to pay. Is it worth it?

[HairyMaclairy]

The BTC prices will skyrocket if there is a run on the bank.  $100k Bitcoin will be nothing if people lose all faith in Bitfinex or Binance. 

[Last of the V8s]

proof of keys thing also has high potential for scamming retards/newbies
-be like Trace Mayer, download our virus wallet !
-go to our splendid site to learn how to run your own virus wallet!
-this one weird trick proves you have your keys - send them here! and we will blahblah