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

[toknormal]

If I was dreaming, your posts shilling for craptocurrency would not be getting +0 upvotes, -14 downvotes on Zerohedge.  I don't even know what you're trying to claim about "no liquid quantity" of metals.  There is no liquidity problem, only the problem that nobody will agree to sell at a ESF/BIS downwardly rigged price.  Mark to market and there's fine liquidity.

realr0ach nobody gives a s* about physical metals except gold-gazer hoarders with nothing better to do. Gold holdings are a waste of space and didn't do a damn thing for their investors during the most inflationary fiat period in modern history. They are not exciting. You can't build anything with them, use them, transmit them or even trade them (without a handy van, ship or a lorry).

Ask yourself what is gold (as a monetary function) ? A ledger. That's all, except not quite as good a ledger as bitcoin. It was ok in physical market days but is about as useful as moth eaten parachute in the modern world. Bitcoin is not trying to be "electronic gold". Gold was trying to be a "physical bitcoin". Except it falls short in the area of fungibility, divisibility and transmissibility.

[El duderino_]

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet2
https://play.google.com/store/apps/details?id=com.livingroomofsatoshi.wallet

[realr0ach]

If I was dreaming, your posts shilling for craptocurrency would not be getting +0 upvotes, -14 downvotes on Zerohedge.  I don't even know what you're trying to claim about "no liquid quantity" of metals.  There is no liquidity problem, only the problem that nobody will agree to sell at a ESF/BIS downwardly rigged price.  Mark to market and there's fine liquidity.

realr0ach nobody gives a s* about physical metals except gold-gazer hoarders with nothing better to do. They are not exciting. You can't build anything with them.

You're not supposed to "build anything with them".  Money is supposed to be boring and unchanging, otherwise it's not fungible, and fungibility is required of money.  This is why you get so many downvotes on your Zerohedge posts. You just try to make up random bullshit and redefine what money is on the fly.

Money, not currency, has required traits and these arguments have already been had and settled over the course of thousands of years with people like Aristotle and Plato.  Aristole won, Plato lost.  Unless you buy into Plato Keynesianism and believe money can be a centralized, arbitrary instrument run by the govt.  You also type the same dumpster truck load of complete bullshit all shitcoiners do claiming they're decentralized when they're not.

Transaction validators are designed to centralize in every single one.  They're nothing but permissioned ledgers and govt tracking systems in practice.  They have built-in middlemen and do not remove counterparty risk even if they weren't designed to centralize.  So basically every single thing you type is a flat out pump and dumper lie.  Shitcoins do not qualify as money in any circumstance.  Currency - sure, because almost anything can be a currency; money - no.

[d_eddie]

One more haiku

Roach making noises
Best thread is getting boring
Long sideways market

[realr0ach]

Roach making noises

Am I the only one that noticed Toknormal spent 24 hours a day for several years in a row shilling for Darkcoin and then he just claimed fungibility doesn't matter and he sold them?  And you wonder why I get physically ill talking to shitcoiners and with their constant flow of lies and bullshit.

[toknormal]

Aristotle and Plato.

As far as I can see only reason you keep typing this sh* on here is because you don't believe your own arguments and want us to validate them for you.

So far you're losing the argument (in case you hadn't noticed) - probably because you didn't take into account what made gold valuable in the first place which was its monetary function, not the fact that it's a nice "shiny metal" which has served as money for "thousands of years".

There is no conflict between PMs and bitcoin. They are "money" for the same reason, just in different media. Their respective relevance simply depends on the amount of commerce which is conducted on each platform. If most of it is "electronic" then bitcoin will be the more relevant and valuable. If most of it is "physical" (i.e. exchanging physical tokens for goods) then metals will be.

14 down votes on Zerohedge ? Hold them precious ! You may need them as a comfort blanket

[El duderino_]

and still so many not knowing anything about crypto, think in the few coming years a lot will be changing in that....

[realr0ach]

14 down votes on Zerohedge ? Hold them precious ! You may need them as a comfort blanket

It's evidence of the fact your lies about claiming bitcoin qualifies as money when it has none of the traits required of money only work on this website and nowhere else.  That's why your claims are downvoted to oblivion on other sites like Zerohedge.  Shitcoins are currencies like Delta Airline miles or Chuck E Cheese tokens, not money.  They have built-in middlemen and don't remove counterparty risk either.  

Dan Larimer calls craptocurrencies "a decentralized business".  He doesn't even attempt to hide the fact they all have a bunch of rent seeking middlemen built-in.  I don't need to ask permission if I want to move a gold or silver coin. If you want to do the same in craptocurrency, prepare to ask permission and pay an exorbitant ransom fee to a designed to centralize, miner monopoly/gatekeeper.  The whole shitcoin industry is a house of cards of lies.

[Paashaas]

If I was dreaming, your posts shilling for craptocurrency would not be getting +0 upvotes, -14 downvotes on Zerohedge.  I don't even know what you're trying to claim about "no liquid quantity" of metals.  There is no liquidity problem, only the problem that nobody will agree to sell at a ESF/BIS downwardly rigged price.  Mark to market and there's fine liquidity.

realr0ach nobody gives a s* about physical metals except gold-gazer hoarders with nothing better to do. Gold holdings are a waste of space and didn't do a damn thing for their investors during the most inflationary fiat period in modern history. They are not exciting. You can't build anything with them, use them, transmit them or even trade them (without a handy van, ship or a lorry).

Ask yourself what is gold (as a monetary function) ? A ledger. That's all, except not quite as good a ledger as bitcoin. It was ok in physical market days but is about as useful as moth eaten parachute in the modern world. Bitcoin is not trying to be "electronic gold". Gold was trying to be a "physical bitcoin". Except it falls short in the area of fungibility, divisibility and transmissibility.

I don't know how old Roach is but if he thinks he can retire from silver few decades from now, not going to happen.

The prices on Earth will completly collapse when space mining starts.

Precious metals like gold, iridium, silver, osmium, palladium, platinum, rhenium, rhodium, ruthenium, iron, cobalt, manganese, molybdenum, nickel, aluminium, and titanium are there in huge quantities. Maybe we find new undiscovered metals in the process.

Eventually Bitcoin will replace the gold standard.

[goldkingcoiner]

Ok guys, WO talk now. If we look at 3D RSI we can see a clear divergence but low volume during the painfully obvious swing rejection is seeming more and more like a bull trap to me. If we don't crack 3980 again by mid January (clear short term reversal) then we are going down again. Probably to 3.3k Maybe lower. Either way, next 1D breakout soon, Bollinger Bands squeezing, Choppiness Index indicates breakout very soon.

Breakout to 3548 likely.

[toknormal]

It's evidence of the fact your lies about claiming bitcoin qualifies as money...

It's evidence of people voting for their book.

There are plenty of valid arguments against bitcoin propagating as "money", but they're not the ones you're presenting as you're too wedded to associations with "the physical". Keep wishing for the "Mad Max" moment, then you might at last have a point. But then dogfood might be just as attractive as gold so maybe you should add a few tins to your portfolio just to be on the safe side

[realr0ach]

The prices on Earth will completly collapse when space mining starts.

It's so economical, cheap, and hazard free to just wander around jacking off in space that not a single person has attempted to go to the moon since 60 years ago.  Why do you even type such dumb shit?  The cost of production for an ounce of space gold would be $1 million+ dollars.

[bones261]

I don't know how old Roach is but if he thinks he can retire from silver few decades from now, not going to happen.

Precious metals like gold, iridium, silver, osmium, palladium, platinum, rhenium, rhodium, ruthenium, iron, cobalt, manganese, molybdenum, nickel, aluminium, and titanium are there in huge quantities. Maybe we find new undiscovered metals in the process. The prices on Earth will completly collapse when space mining starts.

Eventually Bitcoin will replace the gold standard.

The space mining argument is just not going to cut it. It costs billions of dollars ATM just to land a probe on an asteroid. It's even more expensive to attempt to return a small sample to Earth. We are a long way off to make such an operation profitable. The only way this starts to become feasible is if we first colonize the heavenly bodies. Then the mining would just supply the local population at first.

[cgt99]

Litecoin shows the way as usual... Buckle up! 

[vroom]

wtf, more and more people are arguing with roach. at least stop quoting him or risk getting ignored by the rest of us WO's.

[El duderino_]

wtf, more and more people are arguing with roach. at least stop quoting him or risk getting ignored by the rest of us WO's.

yeah your right gonna downtune my r0ach quotes by like very much

its a bit waste of time also

[El duderino_]

Ok guys, WO talk now. If we look at 3D RSI we can see a clear divergence but low volume during the painfully obvious swing rejection is seeming more and more like a bull trap to me. If we don't crack 3980 again by mid January (clear short term reversal) then we are going down again. Probably to 3.3k Maybe lower. Either way, next 1D breakout soon, Bollinger Bands squeezing, Choppiness Index indicates breakout very soon.

Breakout to 3548 likely.

do not 80X short us THX mate

[goldkingcoiner]

Ok guys, WO talk now. If we look at 3D RSI we can see a clear divergence but low volume during the painfully obvious swing rejection is seeming more and more like a bull trap to me. If we don't crack 3980 again by mid January (clear short term reversal) then we are going down again. Probably to 3.3k Maybe lower. Either way, next 1D breakout soon, Bollinger Bands squeezing, Choppiness Index indicates breakout very soon.

Breakout to 3548 likely.

do not 80X short us THX mate

I make no promises.

[Hueristic]

Thanks Globb0, it seems like a nice community here and I should check it more!

This place is a sausagefest!

Why do you think I'm here?  

Hey now. The only sausage you should be festing is micgoossens'.

What sort of degenerates do you take us for around here ?

o O  (??1!?)
 ∟  /
⎺⎺⎺

Hey, sharing is caring.

[realr0ach]

This is the future of your dystopian, non-fungible, centralized, permissioned ledger, digital token system.

Coinbase Bans Conservative Social Media Network Gab, Again

https://www.zerohedge.com/news/2019-01-04/coinbase-bans-conservative-social-media-network-gabagain

First Kikebase bans sites like this for allowing free speech, then the govt regulates the mining pools and giant mining facilities with black lists, and you're now living in hell.