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

[jbreher]

I usually merit for lulz. But seeing as you are continually running dry...

Even if true, that is a form of subtle (or not so subtle) merit begging... hahahahaha... I am running dry... Yeah, right...

Haha. Poque moi? Running dry? Nunca mais, mon frere. Nein! Nyet! 0!

Check you suppositions, JJG.

[1714165770]

1714165770

[xhomerx10]

Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance.   Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts.  If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image).  If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.

 This upgrade is in response to constant badgering a suggestion from Kylapoiss which forced me to learn a new skill.  Seriously though, it does look much nicer - so clean.  Great suggestion!

BobLawblaw	micgoossens	JayJuanGee	Wekkel	VB1001	kurious	Bitcoinaire	BTCMILLIONAIRE	julian071
Searing	LastoftheV8s	Globb0	Paashaas	Ibian	jojo69	HairyMaclairy	Arriemoller	Biodom
ivonm	Pamoldar	erre	bitebits	yefi	Careful_man!	jojo69_new	Bob_glow	xhomerx10
HI-TECH99	bones261	d_eddie

Is this the last final hat upgrade, or could there be more upgrades to come?

I gather you just 'grab' the above avatar you wish to use? I don't see a lot of difference..then again my avatar is gray/white mostly.

 Yep!  Preferably you should grab the one above your name though... if you don't, I'll get MicG after you

[BinaryReign]

I’m feeling optimistic that tomorrow btc price will go up, but I’d still take sideways over down obviously lol

 

[jbreher]

Hmm.

They are deleting my giant green dildo from Satoshis.place.

I think this calls for something drastic.

Now what text do I include in the next incarnation I upload.

Hmm...

* BobLawblaw goes off to play in Pootyshoop

Haha. Something tells me I don't want to google 'pootyshoop'.

[JayJuanGee]

but there certainly is no future in physical metals

I think I've discovered the world's greatest reverse indicator. 

Huh?  You are searching for some kind of possible reverse indicator about PMs in a bitcoin thread?  

Nobody here cares.

That La Raza Mexican Bitserve and JayJuanGoyim's brains are not quite large enough to understand that since nobody on the planet actually needs bitcoins for anything, they're a pump and dump scam by default.  If every single bitcoin instantly vanished, never to be seen again (not too hard, they're already imaginary), the world would keep on trucking completely normal as usual.

Based on history, you can assert that nobody needs bitcoin; however, we are living in a new world in which the computer and the internet has become a staple of modern human living.  Within these modern changes, bitcoin has the potential to serve a very central role in terms of individual sovereignty and ability to control some of his/her value holdings and transfers.  

You may be having difficulties understanding any "need for bitcoin" because you are trying to downplay the importance of modern living and perhaps you envision a world without modern communications.... perhaps a world in which gold and silver has a role, but since we are moving to a different kind of world and bitcoin has accomplished a kind of paradigm shift in what it is able to provide and likely to provide, you are deluded into thinking that no one needs it, merely because it had not existed before 2009, and really, has not achieved, so far, any kind of significant levels of adoption.

So, yeah, currently, we have a world in which less than  1% of the world has adopted bitcoin in any kind of tangible way, and that level of adoption still remains quite superficial.  Part of the reason to invest into bitcoin continues to be recognizing a vision in which its adoption increases and also it's value and utility will increase along with that.  If you do not hedge into bitcoin in any kind of way, then you will merely have to run after this bitcoin train at a higher price, and even you, dumb as you seem sometimes, are likely NOT even that dumb to completely miss the train, are you?

[realr0ach]

Bitcoin is so much smaller than Gold (and other PMs), which means there is room to grow.

This is not true.  The market cap of bitcoin has been far higher than the market cap of above ground, investment grade silver.  How can you claim bitcoin is some type of penny stock when it was one of the largest bubbles the world has ever seen?  Nobody buying bitcoin is getting in on the ground floor of anything, that's for sure.  If you were, CNBC Fast Money w/ Jim Cramer wouldn't be talking about it every day and trying to dump them on you.

[jbreher]

Fuck Coinbase, Gemini is immediate for transfers, they credit it the ACH before it's in.

Not in the UK. Coinbase is near enough the only option (Well, Coinfloor recently reintroduced Faster Payments, but that's it).

Two words: Coinfloor; Nefario.

[jbreher]

Based on history, you can assert that nobody needs bitcoin; however, we are living in a new world in which the computer and the internet has become a staple of modern human living.  Within these modern changes, bitcoin has the potential to serve a very central role in terms of individual sovereignty and ability to control some of his/her value holdings and transfers.  

You may be having difficulties understanding any "need for bitcoin" because you are trying to downplay the importance of modern living and perhaps you envision a world without modern communications.... perhaps a world in which gold and silver has a role, but since we are moving to a different kind of world and bitcoin has accomplished a kind of paradigm shift in what it is able to provide and likely to provide, you are deluded into thinking that no one needs it, merely because it had not existed before 2009, and really, has not achieved, so far, any kind of significant levels of adoption.

So, yeah, currently, we have a world in which less than  1% of the world has adopted bitcoin in any kind of tangible way, and that level of adoption still remains quite superficial.  Part of the reason to invest into bitcoin continues to be recognizing a vision in which its adoption increases and also it's value and utility will increase along with that.  If you do not hedge into bitcoin in any kind of way, then you will merely have to run after this bitcoin train at a higher price, and even you, dumb as you seem sometimes, are likely NOT even that dumb to completely miss the train, are you?

Touche', JJG. Every once and a while, you appear somewhat smart. Rarely, however, have I seen from you actual flashes of wisdom. The above quoted post rises to this level.

Kudos, dude (or dudette).

[realr0ach]

TrollJuanGee, one thing I think you people highly overestimate is cryptocurrency retainability.  Meaning, remember back when Poloniex had heavy trading volume in bullshit pump and dumps like Ripple?  There were lots of big money players going in on that exchange and then getting fleeced to hell and back because the exchange couldn't even handle the traffic.  So even if  they had a profit position, the exchange would just implode and their position would now be at a huge loss by the time they could sell.  

The majority of those people will NEVER come back.  Same thing with most/a lot of those Gox people and every other cryptoscam like Bitfinex.  Anyone who actually makes it through and sells their coins at a large profit isn't coming back to buy new ones either.  The only draw to craptocurrency is when people believe they're getting in on the ground floor of a pump and dump to dump on some other guy later.  Crypto sheds tons and tons of people by the day, while Andreas Antonopolous attempts to scam people who were born yesterday to enter to replace them.

[Toxic2040]

We continue working to breaking above the resistance at the 0.5 fib. The battle however is still in the trenches at the 0.382 where we search for sustained support. Despite not having broken above that 0.5 we have managed a series of higher lows on the daily chart so far which may be indicating building support levels. Also of note is the marked drop in volume , usually a precursor to dynamic action. #dyor

1h


D

#stronghands'19

[realr0ach]

...

As usual, far too many pictures to explain that you have no idea where the price is going.  Also, I'm convinced the world would be better off both socially and economically if the internet did not exist.  New plan:  destroy the internet.

[Ibian]

...

As usual, far too many pictures to explain that you have no idea where the price is going.  Also, I'm convinced the world would be better off both socially and economically if the internet did not exist.  New plan:  destroy the internet.

You just hate bitcoin.

But that aside, partly, yes. The problem is not the internet itself. It contains, literally, all of human knowledge in all of world history. The problem is social media. Facebook, tinder, twitter, all of those.

Smartphones is a drug. It is a literal drug, every notification gives a little dopamine kick. This is the problem that needs to be looked at.

[JayJuanGee]

TrollJuanGee, one thing I think you people highly overestimate is cryptocurrency retainability.  

Let's just look at your starting premise.. you are wrong. 

Get all of those other fucking stupid ass cryptos out of your head.  This is a bitcoin thread.

Do you really believe that Bitcoin has fewer users, hodlers and enthusiasts than it did in 2015?  As you likely recall, 2015 was a similar down period of bitcoin's price after the two 2013 price peaks.

4 years later?  You think that fewer people are stashing away bitcoins, and that is why the 2019 price is currently floating in the mid $3,000s while the 2015 price was floating in the mid-$200s?

You are delusional if you believe that BTC prices are going back to the $200s that would possibly reflect a level of participation similar to 2015.

Meaning, remember back when Poloniex had heavy trading volume in bullshit pump and dumps like Ripple?  There were lots of big money players going in on that exchange and then getting fleeced to hell and back because the exchange couldn't even handle the traffic.  So even if  they had a profit position, the exchange would just implode and their position would now be at a huge loss by the time they could sell.   The majority of those people will NEVER come back.  

It is difficult to see the relevance of your example of both an exchange's inability (or perhaps incompetence as you seem to imply) regarding another crypto.  So fucking what?  Are you just trying to distract with bullshit here that is only relevant in some kind of abstract academic way?  I am sure you could have thought of some better example regarding why there are fewer and fewer bitcoin HODLers.

Same thing with most/a lot of those Gox people and every other cryptoscam like Bitfinex.  Anyone who actually makes it through and sells their coins at a large profit isn't coming back to buy new ones either.  

You assume a lot, such as GOX/Bitfinex customer only had GOX/Bitinex exposure to bitcoin.   

The only draw to craptocurrency is when people believe they're getting in on the ground floor of a pump and dump to dump on some other guy later.  Crypto sheds tons and tons of people by the day, while Andreas Antonopolous attempts to scam people who were born yesterday to enter to replace them.

Yep.. you have been making this dumbass talking point for a long time, and even if your handlers want you to keep making it, it shows your ongoing failure/refusal to focus on bitcoin.  Focus roach.. focus...   This is a bitcoin thread.  Not some amorphous discussion about how all the various cryptos are pump and dumps.  Bitcoin no play that game, there is a bit more going on in bitcoinlandia than your simple wannabe framing of the situation.  You want to assume away any bitcoin fundamentals and present the bitcoin story as if we are talking about speculation, only... Your ongoing wishful presentation does not line up with the facts, which continue to be the ongoing power of people to retain and control their value with bitcoin in a way that has never been experienced previously, even with your dumbass PMs, such as gold and silver.

[realr0ach]

...

As usual, far too many pictures to explain that you have no idea where the price is going.  Also, I'm convinced the world would be better off both socially and economically if the internet did not exist.  New plan:  destroy the internet.

You just hate bitcoin.

But that aside, partly, yes. The problem is not the internet itself. It contains, literally, all of human knowledge in all of world history. The problem is social media. Facebook, tinder, twitter, all of those.

Smartphones is a drug. It is a literal drug, every notification gives a little dopamine kick. This is the problem that needs to be looked at.

Deleting Facebook, Twitter, and Tinder changes nothing.  The internet is inherently a pro-globalization force, and globalization is bad for local economy period.  It's always going to hollow out local communities and thrust everyone into centralized, dystopian monopolies like Amazon.  Since it's 100% impossible to solve the decentralization problem of cryptocurrency where transaction validators are always designed to centralize, that's exactly what bitcoin does too.

It's all going just as Kaczynski predicted, even though he commented only on the social aspect and not economic aspect like I was talking about above, but the economic aspect is just as bad.  The social aspect of it also devalues local players of the community just as it does for them economically.  So, in other words, the internet makes the vast majority of people redundant with no reason to exist.

[Ibian]

...

As usual, far too many pictures to explain that you have no idea where the price is going.  Also, I'm convinced the world would be better off both socially and economically if the internet did not exist.  New plan:  destroy the internet.

You just hate bitcoin.

But that aside, partly, yes. The problem is not the internet itself. It contains, literally, all of human knowledge in all of world history. The problem is social media. Facebook, tinder, twitter, all of those.

Smartphones is a drug. It is a literal drug, every notification gives a little dopamine kick. This is the problem that needs to be looked at.

Deleting Facebook, Twitter, and Tinder changes nothing.  The internet is inherently a pro-globalization force, and globalization is bad for local economy period.  It's always going to hollow out local communities and thrust everyone into centralized, dystopian monopolies like Amazon.  Since it's 100% impossible to solve the decentralization problem of cryptocurrency where transaction validators are always designed to centralize, that's exactly what bitcoin does too.

It's all going just as Kaczynski predicted, even though he commented only on the social aspect and not economic aspect like I was talking about above, but the economic aspect is just as bad.  The social aspect of it also devalues local players of the community just as it does for them economically.  So, in other words, the internet makes the vast majority of people redundant with no reason to exist.

Yeah okay shut up and think for a moment. We are looking at the end of days. All the shit going on in the world, falling fertility rate, abortion being legalized until the moment of birth, anti-male laws, socialism, all of that? It has happened before.

It happened to the romans, to the soviets, to every socialist society in the past century. Likely, it even happened to the mesopotamians more than 3000 years ago.

Only this time it is global, or damn near enough. We do not have the luxury of making policy based on emotion. We either look at what has happened, correlate it with modern knowledge of human psychology, and find an answer. Or what we call western culture ends. Within 20 years.

[StartupAnalyst]

[realr0ach]

We are looking at the end of days.

That's what globalization is designed to do.  Take the example of just something stupid like metal bearings.  If all the metal bearings in the world are made in one city in some 3rd world country solely because a corporation wants to profit from global labor arbitrage, what happens when that one city gets blown up in a war or falls into civil unrest/failed state or anything else?  The world suddenly grinds to a halt and implodes.  You need way way more redundancy in manufacturing and everything else for overspecialization to not kill everyone at the slightest disturbance.

Take Singapore for instance.  They import what, like 100% of their food?  You can't be a country if you import 100% of your food.  It's a fake country.  You cannot be a country while having zero level of autonomy whatsoever.  Circumstances like that means they're either all going to die or be taken over by someone else anyway.

[Ibian]

We are looking at the end of days.

That's what globalization is designed to do.  Take the example of just something stupid like metal bearings.  If all the metal bearings in the world are made in one city in some 3rd world country solely because a corporation wants to profit from global labor arbitrage, what happens when that one city gets blown up in a war or falls into civil unrest/failed state or anything else?  The world suddenly grinds to a halt and implodes.  You need way way more redundancy in manufacturing and everything else for overspecialization to not kill everyone at the slightest disturbance.

Take Singapore for instance.  They import what, like 100% of their food?  You can't be a country if you import 100% of your food.  It's a fake country.  You cannot be a country while having zero level of autonomy whatsoever.  Circumstances like that means they're either all going to die or be taken over by someone else anyway.

That is stupid. You make it somewhere else. Also that is not a thing that is happening in the world outside your demented head.

[realr0ach]

And here's a post for people who pretend organized Jewry is not actively waging a race war against whites every day of the week.  Here's pictures of the Jewish SPLC with documents on their wall stating their goal is to reduce white population (aka exterminate them):

https://dailystormer.name/the-splc-keeps-a-countdown-of-americas-dwindling-white-population/

As for Ibian, he clearly does not understand anything about the detrimental nature of overspecialization.  Go read or watch some Joseph Tantor and you will see pretty fast human overspecialization of labor with no redundancy dooms you to collapse into a dark age.

[VB1001]

Regarding QuadrigaCX Exchange

Blocked:

Bitcoins 26,500 ($92.3 million USD)
BCH 11,000 ($1.3 million)
BSV 11,000 ($707,000)
Bitcoin Gold 35,000 ($352,000)
LTC 200,000 ($6.5 million)
ETH 430,000 ether ($46 million)

Totaling $147 million, according to the affidavit.

Jesse Powell (CEO de Kraken)

https://twitter.com/jespow/status/1091863628066770944?s=21

https://www.reddit.com/r/CryptoCurrency/comments/amm4ft/kraken_ceo_we_have_thousands_of_wallet_addresses/