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

[rebal15]

End of the day, open WO last page ..... r0ach, r0ach and rebalf*** damn ......

Instant go to HODLsleep

No time for those F***up’s!

Goodnight WO’s and HODL on.

Your mind is so small to undetstand things. Just repeat what others say.

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[DaRude]

So Tether, the 100% backed by fiat 100% stable coin that no one can mine because it's SPECIAL is really only 74% backed by assets.

https://www.coindesk.com/tether-lawyer-confirms-stablecoin-74-percent-backed-by-cash-and-equivalents

Man what is it with people? Everyone falls for the infinite temptation of fractional-reserve banking. Everyone seems to just say the best intentions but really be full of 100% USDA horseshit.

Bitcoin is simply not going to succeed because you can't commit fraud with it. If you have a bitcoin you have a bitcoin. If you don't have a bitcoin you simply can't say you have a bitcoin.

Sad that the only thing which will work in this world is fraud.

I'm surprised to see how many people thought the tether folks wouldn't be fuck heads. No way did I expect them to not attempt to invest tether USD and profit off it while no one is aware.

Of course they would. The statement "This time it's different" was told to me when I walked from a dot.com in 2000. It has the same validity as "I won't cum in your mouth".....

I trust bitcoin for some weird reason. It's why I accept payment for work in it, and why I value it. Not for stupid shit like dollars, but because the idea behind it is a good one: "No, I actually will not cum in your mouth and here is the proof".

That's the problem with fiat, you're really not in control of it. Even if they did have customers best interest (and i do believe that to be the case, who would you kill the golden goose?) they had to work with banks to transfer a lot of fiat, and they have little control over that process. Best they can do is diversify and play whack a mole with banks freezing their accounts. It was obvious from the start i just can't believe that market didn't correctly price that risk in. In any case, look at it this way, they just had an audit and are confirmed to have 74% of their funds, which is much more than i thought they did.

[realr0ach]

@micgoossens your queen is bitcoiner so you are good for next 50 Years.

The boomers were already getting divorced at some outrageously high rate like 50%.  Then you combine the fact that female hypergamy is limited SOLELY by the roaming distance their environment allows, once you give them these cell phones 24/7 linked to things like Tinder for an infinite roaming radius, there's virtually no reason to enter into these deals anymore.

It becomes a hostage situation of "treat me like god or i'll just look at my phone real fast for a replacement".  So you're now the servant of a bimbo who at any time of day can just say "I'm bored" then legally take all your money and possessions + alimony.  LOL who is actually signing up for such a contract?  Japan is basically already there, and the rest of the world will probably be full-blown MGTOW in 5-10 years.  

[megadeth]

MatTheCat would be proud.

[d_eddie]

This is the historical since the beginning of the thread WO:

+1 WOsMerit. Out of plain sM. Impressive job.
Anyone got a merit to spare here?

[Biodom]

This is the historical since the beginning of the thread WO:

+1 WOsMerit. Out of plain sM. Impressive job.
Anyone got a merit to spare here?

yes, merited VB 1001.

[John Abraham]

20% of US aged 18-35 own Bitcoin.
https://twitter.com/ErikVoorhees/status/1123214419062689792

Imagine, if it's 40%  

Nevermind, the percentage can increase/decrease, bitcoin supply can't.

[Biodom]

20% of US aged 18-35 own Bitcoin.
https://twitter.com/ErikVoorhees/status/1123214419062689792

Imagine, if it's 40%  

I would prefer if 40% of 50-60 year olds got to own it.
Two reasons;
1. they got much more money (on average).
2. they would mostly give such btc to 'youngsters' in due course, restricting spending of it for a while.

[ssmc2]

I'd love for it to be true but there's no way that stat is accurate.

[realr0ach]

Additionally one can take physical delivery of bitcoin in the form of a hardware wallet

Jesus Christ, can you people stop lying for even one minute?  Bitcoin is cloud banking - a virtual breadloaf that you claim to own a slice of.  It CANNOT be removed from this cloud system; you cannot transport it to your house, a safe, your car; it never moves, it always stays in the cloud.  It is not possible to take delivery of a bitcoin.  If it was possible, the act of me deploying a giant mass of ASICs and censoring all transactions except my own would have no effect on you, but it does.

You can't do jack shit because you never had possession of anything.  It's billed as a cooperative system with some sort of Nash equilibrium, but it's nothing more than a dystopian permissioned ledger in practice, ripe for complete govt control since transaction validators/mining warehouses centralize so much and have such easy surface attack vector for govt control and regulation.  

Just about everything concerning the whitepaper was either false from the start or became untrue over time.  For example, it claims bitcoin is a "peer to peer" system for transactions, yet it's not even possible to do a transaction without involving three or more parties in the first place.  The extra parties are the built-in rent seeking middlemen, then the nodes and whole mass of other shit.  I do not consider a system with built-in 3rd parties as "peer to peer". Whereas using physical metals or even a god damned tree branch I can do an actual peer to peer transaction.

[bitserve]

^ Hey R0ach. It seems that besides all the warnings about Bitcoin risks and all that bullshit another rally is cooking. It may happen in the next year, or maybe a bit more, but that doesn't matter... Will you take advantage of it this time or will we have to keep hearing your lamenting till the end of time?

[realr0ach]

^ Hey R0ach.

Hey Bitserve, I noticed that you (and the other assortment of scammers in the thread) keep lying about Bitcoin claiming it's things that it's not in order to try and scam people for profit, which is why you have absolutely zero rebuttal to what I just typed and instead started babbling about something else.

[bitserve]

20% of US aged 18-35 own Bitcoin.
https://twitter.com/ErikVoorhees/status/1123214419062689792

Imagine, if it's 40%  

Nevermind, the percentage can increase/decrease, bitcoin supply can't.

It's not 20%. All those stats are full of shit. It is not more accurate than those that youtube sometimes ask me and I randomly click whatever choice without even reading the question because I got not time for that shit.

[bitserve]

^r0ach. Read my post history. You won't find me saying that things you assume I do say. In fact some of the things you say are true... even if many/most aren't. You just don't get that IT DOESN'T FUCKING MATTER. Grow up.

[jojo69]

There was some interest in the antics of my neighbor and his 69 Camaro last year so I will offer an update.

His tech is scheduled for Saturday, it just came out of the garage for the first time this season and laid a solid 80 ft burnout in our alley.

All the cats in the neighborhood are in hiding.

[realr0ach]

In fact some of the things you say are true...You just don't get that IT DOESN'T FUCKING MATTER.

Not some, all.  And by your own statement above you're just admitting you're a scammer.  If even 10% of the stuff I say is true (and it is), it means that nobody should be touching any of these cashless society slavery (((digital currency))) and should be boycotting them to use physical metals instead.  Hell, use tree bark as money, I don't care.  Just stop promoting dystopian, govt tracking and control systems whose endgame is no different from the Chinese social credit score system.

[Syke]

It's not 20%. All those stats are full of shit. It is not more accurate than those that youtube sometimes ask me and I randomly click whatever choice without even reading the question because I got not time for that shit.

Yeah, no way it's 20%.

[rebal15]

In fact some of the things you say are true...You just don't get that IT DOESN'T FUCKING MATTER.

Not some, all.  And by your own statement above you're just admitting you're a scammer.  If even 10% of the stuff I say is true (and it is), it means that nobody should be touching any of these cashless society slavery (((digital currency))) and should be boycotting them to use physical metals instead.  Hell, use tree bark as money, I don't care.  Just stop promoting dystopian, govt tracking and control systems whose endgame is no different from the Chinese social credit score system.

bitserve admit that some of your words are correct, this means that he is taking your words on consideration. I think it is helpful to listen to everyone, do some research, take what it is positif for you and throw the rest.

[realr0ach]

In other news, Florida illegally attempts to pass law to revoke the 1st amendment and make talking about Jews in any manner illegal:

https://www.watchdog.org/florida/florida-legislature-delivers-anti-semitism-law-for-desantis-to-sign/article_55995e22-6ab3-11e9-945f-6bdcae8a6e70.html

[lightfoot]

That's the problem with fiat, you're really not in control of it. Even if they did have customers best interest (and i do believe that to be the case, who would you kill the golden goose?) they had to work with banks to transfer a lot of fiat, and they have little control over that process. Best they can do is diversify and play whack a mole with banks freezing their accounts. It was obvious from the start i just can't believe that market didn't correctly price that risk in. In any case, look at it this way, they just had an audit and are confirmed to have 74% of their funds, which is much more than i thought they did.

Tether: Private chain with only 26% lies. That we know of.

It's just funny to watch in action. Fraud that used to take 100 years to expose can take place in a year or so. I need more popcorn.