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

[alevlaslo]

the reason of pump is penetration of resistance

[erre]

Meanwhile in France;



You are going to buy luxury cars with your winnings? Think twice.

Might not be a good idea to show off while there are millions of people who barely survive a month with their minimum wages, and worse, there are millions with no jobs at all.

Pay attention, they ignore the shitty old cars but when they see a porsche they instantly get mad.  

I used to be a young anarchist. Not the "destroy everything" type, It was more like an intellectual thing for me, I read Strirner and Chomsky and i was informed about the scene.
After many years as a beliver, I have come to a conclusion: people is on average too stupid for this kind of things.

Yes, the concept of the "master-slave dialectic" is completely true, but most people won't get it, let alone a critical mass of workers. Also, wage-workers are too tired to think out-of-the-box.

These people don't want a real change, they just want to be included in the capitalyst system, they are basically protesting because the taxes for their useless SUV are increasing.
So I would drive a Lamborghini with a btc logo between this mass of sheeps without concerns, most of them would admire me end even buy btc (of course for the only reason of becoming rich)

[Cryptotourist]

the reason of pump is penetration of resistance

You have my full support on this one.

[ðºÞæ]

Meanwhile in France;



You are going to buy luxury cars with your winnings? Think twice.

Might not be a good idea to show off while there are millions of people who barely survive a month with their minimum wages, and worse, there are millions with no jobs at all.

Pay attention, they ignore the shitty old cars but when they see a porsche they instantly get mad.  

I used to be a young anarchist. Not the "destroy everything" type, It was more like an intellectual thing for me, I read Strirner and Chomsky and i was informed about the scene.
After many years as a beliver, I have come to a conclusion: people is on average too stupid for this kind of things.

Yes, the concept of the "master-slave dialectic" is completely true, but most people won't get it, let alone a critical mass of workers. Also, wage-workers are too tired to think out-of-the-box.

These people don't want a real change, they just want to be included in the capitalyst system, they are basically protesting because the taxes for their useless SUV are increasing.
So I would drive a Lamborghini with a btc logo between this mass of sheeps without concerns, most of them would admire me end even buy btc (of course for the only reason of becoming rich)

Anyone's guess how far it will go, but it may come to the point not to drive any car

Prophecies of Irlmaier

“…The city with the iron tower becomes the victim of the own people. They ignite everything. Revolution is, and everything is going wildly. The islands before the coast sink, because the water is quite wild. I see large holes in the sea, which will be filled, when the enormous waves return. The beautiful city at the blue sea sinks almost completely in the sea and in the dirt and sand, which the sea ejects. I see three cities sinking in the south, in the northwest and in the west.”

“The large city with the high iron tower is on fire. But this has been done by the own people, not by those, which came from the east. And I can exactly see that the city is made equal to the ground. And in Italy it is going wildly too. They kill many people there and the Pope flees, but many clergymen will be killed, many churches collapse. ”

[El duderino_]

I lived in China for about six months.  In Shanghai, in the French concession.  I was working for a company in the Jing'an district.  This gave me the opportunity to experience first hand what it is like to live in a country with little to no environmental regulations.  It has been awhile since I have been there so things may have changed a bit since but I have my doubts.

Jeez, woke up much to late..., had Some hangover feelings but this even Made me instant sober ..... didn’t knew it was that F***ed up over there, all those football players going for millions to there, now I know why they complain and all wanna return home

I didn’t understand i thought i would love going there play ball for millions, but @such a f***ed up envoirement
......

[VB1001]

In case there is any doubt.

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

[bitserve]

In case there is any doubt.

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

The only explanation is that less efficient miners have been gradually replaced by more efficient ones and/or some people are investing in mining as a way to acquire Bitcoin without raising the price (directly -exchanges- or indirectly -OTC-) even if that means mining without profit or even at a slight loss.

Also it is possible that the price decline has forced many miners to make better deals both in hardware acquisition and electric supply. Bear periods are great for forcing the less efficient enterprises out of the market and the fitter ones survive ahead of the next bull run. It happens in all markets.

[VB1001]

^
And the hash of the 2 shitcoins, is the most beautiful of the graph.

[Ibian]

I don’t understand how basic stuff like not polluting rivers is the craziest thing you have ever witnessed.  And not sure why it would lead to the downfall of the USA.  But ok.

It really is a shame that communists cloak themselves in these sorts of good intentions because we all want clean air and rivers, obviously, only a psycho wouldn't. It's such an effective trogen horse for them because it's obviously a good thing and it's very difficult to imagine how to accomplish it without empowering the state. So if empowering the state is your aim it makes a lot of sense to ride in the Trojan horse of environmentalism. It's kind of an all communists are environmentalists but not all environmentalists are communists sort of thing... (of course not literally all, just almost all)

If you go around the wealthier suburbs of the big cities, you will find many people with strong environmental values.  These people are business owners, executives and otherwise highly successful members of capitalist society.  They shop at Whole Foods, ride expensive Italian bicycles and separate their recyclables.

They are also about as far removed from communists as you can get.  So I don't really accept your premise.  

The difference is that you are a liar. You pretend to care about the environment in order to grow the state.

[VB1001]

Hester Peirce > Crypto Mom BTC

SEC Commissioner Hester Peirce, aka Crypto Mom, Remains Bullish About Bitcoin ETF Future

"As I have mentioned in the past, I am concerned that our approach with respect to such products borders on merit-based regulation, which means that we are substituting our own judgment for that of potential investors in these products. We rightfully fault investors for jumping blindly at anything labelled crypto, but at times we seem to be equally impulsive in running away from anything labelled crypto."

https://bitcoinexchangeguide.com/sec-commissioner-hester-peirce-aka-crypto-mom-remains-bullish-about-bitcoin-etf-future/


Sep/2017

New SEC Commissioner Hester Peirce Note Says Bitcoin 50+ Times, Suggests SEC Embraces Crypto Innovation

https://bitcoinexchangeguide.com/new-sec-commissioner-hester-peirce-note-says-bitcoin-50-times-suggests-sec-embraces-crypto-innovation/

[Arriemoller]

Ibian, did you stop trading bitcoin when the bank asked you to open a business account? Or did you get a business account?

[Cryptotourist]

In case there is any doubt.

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

The only explanation is that less efficient miners have been gradually replaced by more efficient ones and/or some people are investing in mining as a way to acquire Bitcoin without raising the price (directly -exchanges- or indirectly -OTC-) even if that means mining without profit or even at a slight loss.

Also it is possible that the price decline has forced many miners to make better deals both in hardware acquisition and electric supply. Bear periods are great for forcing the less efficient enterprises out of the market and the fitter ones survive ahead of the next bull run. It happens in all markets.

ftfy

[ðºÞæ]

In case there is any doubt.

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Lets revisit the hashing once the LN altcoin is fully operational and legacy support is stopped.  Not only will it be another split one part supporting LN (environment) to other legacy mining. Hashing will nosedive as LN is the main part. In case someone delusional enough to think it will not be the case legacy will fork again,  one with changed max supply and the smaller fraction remain with max 21M. Of course long before, if Bitcoin does not implement WimbleMimble another forking is guarantied.

The armageddon started with the segwit hardfork.   Banking cartels old divide and conquer strategy.

Edit:
Last couple of months hashrate has stabilized.
https://i.ibb.co/yNDTBsg/Untitled.png

[bitserve]

In case there is any doubt.

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

The only explanation is that less efficient miners have been gradually replaced by more efficient ones and/or some people are investing in mining as a way to acquire Bitcoin without raising the price (directly -exchanges- or indirectly -OTC-) even if that means mining without profit or even at a slight loss.

Also it is possible that the price decline has forced many miners to make better deals both in hardware acquisition and electric supply. Bear periods are great for forcing the less efficient enterprises out of the market and the fitter ones survive ahead of the next bull run. It happens in all markets.

ftfy

Uh? I have purposely ignored the Bcash graph as it is meaningless... I am only talking about the Bitcoin current rise in hashrate.

[Cryptotourist]

I'm sorry, I got it the other way.
Like Bitcoin Cash decreasing hashrate compared to BTC, is some what normal for that to happen.
Or like there is a future for BCHABSVOmega. There is not.

[Ibian]

Ibian, did you stop trading bitcoin when the bank asked you to open a business account? Or did you get a business account?

They want nothing at all to do with cash that comes from in-person sales. And they assume it all does because why not.

Other than waiting for people who want to sell, my only option is a bitcoin atm, and there is none nearby.

[Arriemoller]

Ibian, did you stop trading bitcoin when the bank asked you to open a business account? Or did you get a business account?

They want nothing at all to do with cash that comes from in-person sales. And they assume it all does because why not.

Other than waiting for people who want to sell, my only option is a bitcoin atm, and there is none nearby.

Ok, just curious.

I see there is a atm in CPH, can't you just go there?

[Arriemoller]

This is how I spend my sunday, watching old DDR and other movies with marches. Yes I like marches.
https://www.youtube.com/watch?v=WNMepc8l2ck

[bitserve]

Ibian, did you stop trading bitcoin when the bank asked you to open a business account? Or did you get a business account?

They want nothing at all to do with cash that comes from in-person sales. And they assume it all does because why not.

Other than waiting for people who want to sell, my only option is a bitcoin atm, and there is none nearby.

They simply don't want to do anything with cash that you can't prove come from a legit business with all the right paperwork (invoices, etc). That is common knowledge since many years ago. The fact that it is coming from in person crypto sales just makes it even worse.

From your comment you mean there's more people wanting to buy than to sell in localbitcoins?

[Ibian]

Ibian, did you stop trading bitcoin when the bank asked you to open a business account? Or did you get a business account?

They want nothing at all to do with cash that comes from in-person sales. And they assume it all does because why not.

Other than waiting for people who want to sell, my only option is a bitcoin atm, and there is none nearby.

Ok, just curious.

I see there is a atm in CPH, can't you just go there?

Yes, but a train ticket there and back is almost $200. Which means I would have to exchange at least $20000 or so, depending on fees (unknown at this time) to make it worthwhile.