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

[mindrust]

Physical metals will stomp shitcoins

You're dreaming. "Physical metals" don't exist in any liquid quantity. Paper metals is what you're referring to and they're loaded with as much hazard as crypto. (Except they don't benefit from being limited in supply).

He probably thinks we'll be again using gold/silver coins for our daily purchases. How is metals going to dethrone crypto which is the best form of money ever created? By rising in Price? What is it going to change if gold rises %1000 right now today? Let's say gold became $10k or even $100k/ounce, what is it going to change? Nothing. NOTHING.

You still can't send gold overseas in 10minutes paying 1 cent as a fee. You still can't buy stuff with gold. You still have to apply complicated stuff on your gold to see if it is fake or not. You need physical space to keep it.

None of these shit applies to Bitcoin. It is fast, it is cheap, it cannot be counterfeited. (bcash tried it and failed)

[Biodom]

Some of us are investors who mined/bought because we see the value of the technology and support its potential.

Unfortunately, that 'mined' portion is going away as we speak.
This is true for people with more than 6c/kwh electricity price, which is probably the vast majority of geographic locations, at least in OECD countries.

It's EOL, unless BTC moves back above 6K or more.

[Paashaas]

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.

Relax Roach you still got 10-30 years left to convert your silver into BTC. Even if you buy at $1m per coin it is still a great investment, halvings increases price steadily over time.

[Searing]

Some of us are investors who mined/bought because we see the value of the technology and support its potential.

Unfortunately, that 'mined' portion is going away as we speak.
This is true for people with more than 6c/kwh electricity price, which is probably the vast majority of geographic locations, at least in OECD countries.

It's EOL, unless BTC moves back above 6K or more.

yep I'm out..the only thing 'remotely' profitable is my 4 plus year old knc Titan scypt miners in the basement ..for heat. (lossing $25 a month but with heat calling it a draw).

that will continue till middle of april when my electric rates go up from winter rates of 10.14c kwh to 15.3c kwh or maybe more with a price increase. The titan as an asic

has a 'fluke' in that it can mine a scrypt-n coin vs just scrypt like LTC. Thus this works for some folk better (with less electric than myself) running Fujicoin (FJC) a BTC clone.

Go figure, but yeah kinda fitting that the last thing I will turn off, is the 4 year old knc titans.

A buddy with a data hall, with paid off and underclocked bitmain L3+ scrypt miners says that with electric rate hikes on such, LTC needs to go up 30% to 40% in price for

any mining at summer rates. I think he said with Bitmain S9 miners (BTC) it was kinda the same..but perhaps 25% increase in BTC price would pull that off, I'm unclear.

That will also be the time that mt. gox is gonna dump BTC back to the masses.

But yeah, looks like there is plenty of BTC and crypto out there of any flavor..so folk need to HODL more and/or adoption has to come back with price or this could get even more ugly.

brad

[starmman]

Some of us are investors who mined/bought because we see the value of the technology and support its potential.

Unfortunately, that 'mined' portion is going away as we speak.
This is true for people with more than 6c/kwh electricity price, which is probably the vast majority of geographic locations, at least in OECD countries.

It's EOL, unless BTC moves back above 6K or more.

yep I'm out..the only thing 'remotely' profitable is my 4 plus year old knc Titan scypt miners in the basement ..for heat. (lossing $25 a month but with heat calling it a draw).

that will continue till middle of april when my electric rates go up from winter rates of 10.14c kwh to 15.3c kwh or maybe more with a price increase. The titan as an asic

has a 'fluke' in that it can mine a scrypt-n coin vs just scrypt like LTC. Thus this works for some folk better (with less electric than myself) running Fujicoin (FJC) a BTC clone.

Go figure, but yeah kinda fitting that the last thing I will turn off, is the 4 year old knc titans.

A buddy with a data hall, with paid off and underclocked bitmain L3+ scrypt miners says that with electric rate hikes on such, LTC needs to go up 30% to 40% in price for

any mining at summer rates. I think he said with Bitmain S9 miners (BTC) it was kinda the same..but perhaps 25% increase in BTC price would pull that off, I'm unclear.

That will also be the time that mt. gox is gonna dump BTC back to the masses.

But yeah, looks like there is plenty of BTC and crypto out there of any flavor..so folk need to HODL more and/or adoption has to come back with price or this could get even more ugly.

brad

I was mining alts and converting into BTC a while ago - but stopped that recently - I still take a few coins which give a tidy profit - but not as much as last January

[luckygenough56]

if bitcoin doesn't follow litecoin, the world as i know it has no meaning anymore

[El duderino_]

via Imgflip Meme Generator

Getting hammered in progress.....while waiting for the company

Have a Greet evening night WO’s

Cheers Micg and the GF

Aaaaaha i have 1 sendable merit, Will be send when i’m unable to

Seeking for Some zigzag walking out of here

[infofront]

Andrew deSantis FUD. Not linking it. dyor. carry on

edit akshooly will link, because obvious turd is obvious

https://twitter.com/deosbot/status/1081425158114590720

obvious rebuttal:

https://twitter.com/brian_trollz/status/1081461150439608320

Andrew appears to not only have deleted that post, but his whole twitter account(!?)

[windjc]

via Imgflip Meme Generator

Getting hammered in progress.....while waiting for the company

Have a Greet evening night WO’s

Cheers Micg and the GF

Aaaaaha i have 1 sendable merit, Will be send when i’m unable to

Seeking for Some zigzag walking out of here

Hmmm. That's a pretty chunky hand.

Gym time? )

[infofront]

They are gentlemen, respectful, educated, but also hard with those who do not behave properly, this is the success of WO.

Of course they like Bitcoin, good food, good drink and more.

Welcome to WO.

you forgot good drugs. only the finest will do.

Speaking of which...

And good women.

I also said and more

Drugs and Girls for WO.

Some girls who want to party with members of WO, they seem nice.

How did you already acquire pictures of the 100K party?

[Last of the V8s]

Andrew deSantis FUD. Not linking it. dyor. carry on

edit akshooly will link, because obvious turd is obvious

https://twitter.com/deosbot/status/1081425158114590720

obvious rebuttal:

https://twitter.com/brian_trollz/status/1081461150439608320

Andrew appears to not only have deleted that post, but his whole twitter account(!?)

Oh. Well, that one, yes. https://twitter.com/deosorg/status/1081627409718407168

he retweeted this https://twitter.com/DanaSchwartzzz/status/1080888071552266242
If you pay me $50 I'll show up to your funeral but stand really far away, holding a black umbrella regardless of the weather, so that people think you died with a dark and interesting secret.

I like him somehow, but wish he was more straightforward. Some say it's acid...

edit: oh here is the original thread archived https://archive.vn/ozTUY

[infofront]

Hey Roach since you enjoy your low probability doomsday scenarios, what happens when we get to a point in the future when we can manufacture gold or silver in a massive and cheap way and the price drops to make it worth as much as say... Aluminium?

He's incapable of responding to good questions, or having an actual discussion. He just repeats his talking points ad nauseam.

[realr0ach]

Hey Roach since you enjoy your low probability doomsday scenarios, what happens when we get to a point in the future when we can manufacture gold or silver in a massive and cheap way and the price drops to make it worth as much as say... Aluminium?

He's incapable of responding to good questions, or having an actual discussion. He just repeats his talking points ad nauseam.

He postulates a scenario of INFINITE FREE ENERGY.  What do you want me to respond with?  He might as well of said "what if I just start randomly pissing gold".  If there's any form of infinite, free energy, it's going to involve pulling hydrogen from sea water using the energy of the sun to make the conversion.  So it's free, and it's infinite, but it's not going to be useful for creating gold or silver out of thin air.

[dogebearman]

Hey Roach since you enjoy your low probability doomsday scenarios, what happens when we get to a point in the future when we can manufacture gold or silver in a massive and cheap way and the price drops to make it worth as much as say... Aluminium?

He's incapable of responding to good questions, or having an actual discussion. He just repeats his talking points ad nauseam.

He postulates a scenario of INFINITE FREE ENERGY.  What do you want me to respond with?  He might as well of said "what if I just start randomly pissing gold".

I think he postulates a scenario like this https://technology.inquirer.net/82343/p2fb-chinese-scientists-turn-copper-into-new-material-extremely-similar-to-gold-silver where producing gold and silver out of a cheap material is more efficient than mining and not free.

Edit: Primary source: http://advances.sciencemag.org/content/4/12/eaau3275

[Toxic2040]

1h



D

[realr0ach]

I don't know what specific other method you would use except the already existing, expensive method to turn large amounts of energy + money + mercury to gold.

[El duderino_]

One more haiku
Roach making noises
Best thread is getting boring
Long sideways market

Roach. Angry noises.
The Jews did Nine-Eleven.
Bitcoin really sucks.

W.O. Thread micg and company almost finishing
Mic getting hammerd
Wodka martini
+-4 red wines
Dessert whiskey or irish coffee still nerds to come
Maybe gonna look for a JEW in antwerp a religious one and give him a F***ing HUG
Still not selling any of me coins
#F***ed up saturday

For sure Eddie gets my last merit this evening
Must be Hero as fast as possible

[El duderino_]

^
Transaction is done

CHEERS

X

[Last of the V8s]

Combat épique entre le boxeur mythique et les forces de l'ordre à Paris. #GiletsJaunes #ActeVIII #Acte8
https://twitter.com/Astolphe7/status/1081576308646309888

Yellow vests in France are now ramming banks with mini forklift trucks.
https://twitter.com/PrisonPlanet/status/1081623148854996992

Dear Frogs, please make your next revolution a lot less shit than your first - it ruined everything.

[Biodom]

haiku:
 
Bitcoin hammered down
Long days passing forever
Joy is coming soon

PS ^ this was inspired by mic being hammered
Original:

Bitcoin on Trezor
Long days passing forever
Joy is coming soon