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

[JSRAW]

Important announcements

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[Hueristic]

Do you think posts in Morse count for signature campaigns ?   

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[fillippone]

Important announcements

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[Hueristic]

Important announcements

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[cAPSLOCK]

"You get to send me to jail for 20 years"
Let's fucking hope.

Craig...

Or as the Goons say, "He gonna get gently caressed reel gud !"

Perjuring himself in court is going to be the event of the year.

It's multiple times at this point isn't it? 

If he gets away with this then that pretty much solidifies his status as the anti-christ.

Am I the only one who sees that is the title he is going for?  I am NOT joking.  The kind of panopticon statist wet dream he is trying to promote is the prelude to Armageddon.

[Last of the V8s]

possibly if we use Bezos' flying peen
https://twitter.com/ReutersBiz/status/1124015697976160256

[Wolf Rainer]

All of you just went full retard.

[Last of the V8s]

https://www.hl.co.uk/shares/shares-search-results/x/xbt-provider-ab-bitcoin-tracker-one
you can add this to your uk pension. have to arb out from gbp shekels to swedish shekels. govt adds 40% of what u add
all very weird retard  

[JSRAW]

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[HairyMaclairy]

Coindesk reporter tweets:

https://twitter.com/nikhileshde/status/1124041880541462533

"1/ Buried in this doc is a seeming confirmation that Fowler was indeed behind Crypto Capital, and @bitfinex did lose access to $850m as a result of this investigation"

USG seeking to hold Reginald Fowler without bail. This also backs up Bitfinex's story about losing 850 million bc of Crypto Capital. It also calls into question their claim it will be freed up in "a few weeks".

It appears to me that USG may have the $850 million which gives them 850 million reasons to destroy Bitfinex. Its kinda hard to sue the gov for 850 million when you are in prison.

Sharks are circling.

https://www.youtube.com/watch?v=WYRJ-ryPEu0 x850

I have not seen anything anywhere that supports a government having seized the $850 million. How do we know these blokes haven’t just run off with it?

[Last of the V8s]

Coindesk reporter tweets:

https://twitter.com/nikhileshde/status/1124041880541462533

"1/ Buried in this doc is a seeming confirmation that Fowler was indeed behind Crypto Capital, and @bitfinex did lose access to $850m as a result of this investigation"

USG seeking to hold Reginald Fowler without bail. This also backs up Bitfinex's story about losing 850 million bc of Crypto Capital. It also calls into question their claim it will be freed up in "a few weeks".

It appears to me that USG may have the $850 million which gives them 850 million reasons to destroy Bitfinex. Its kinda hard to sue the gov for 850 million when you are in prison.

Sharks are circling.

https://www.youtube.com/watch?v=WYRJ-ryPEu0 x850

I have not seen anything anywhere that supports a government having seized the $850 million. How do we know these blokes haven’t just run off with it?

Indeed, the U.S. Department of Justice’s (DOJ) investigation may be one reason why Crypto Capital’s funds were frozen, which in turn hampered Bitfinex’s ability to process its customers’ withdrawals.
https://www.coindesk.com/u-s-doj-moves-to-detain-defendant-in-crypto-shadow-banking-case

[STT]

 The value of gold though is completely base on the current scarcity of it.   Over then next decades the scarcity is likely to change a lot.  

The point on scarcity is correct because its already true, most of the gold mined was done in the last hundred years.   The obvious reason being the industrial revolution and the introduction of the combustion engine, of course the mining of gold increased massively.
So why isnt gold as cheap as hell, the price went up no doubt about it in any currency I've ever heard of.   Certainly sterling the oldest FIAT standard and originator via Newton of a gold standard the price altered massively from the old £1 gold coin exchanged (still made) and now £1 doesnt buy a snack.  
FIAT has exceeded the production of gold, its proven even easier to increase production. Another reason is the great population growth in the world, its not linear more like exponential growth and some view this as very negative.   I really dont as people can be gigantically productive and inventive and I rate people as an asset to any country but thats a personal view.   Gold divided among all these new people together with an ever greater bias to giant government and global corporations over the people as individuals and the origins of capitalism as capital and production with the people not the state, we have the result in gold price going up greatly and so far as I can tell will continue to go up for as long as Im around hence I hold it as capital.

What I really disagree with is the idea of gold or Bitcoin as if they oppose each other.   I'm not even going to discuss as it makes little sense, its like saying Bitcoin or live in your own house when both can be productive assets.    The argument to hold many assets not just one should be perfectly clear as we see great variation in Bitcoin, it doesnt invalidate it but it makes sense to have many options to stay stable personally

[Last of the V8s]

But I see what you mean. Not so much a government as a shambolic ragtag of grasping crooks.

[vapourminer]

Unfortunately, I cannot merit any more Morse code at the moment because I am out of source and smerit.

How often do you guys get refilled?

According to this picture - every 30 days

http://www.auplod.com/u/duapola43d5.png[/img]

30 days.. down to the second it was sent.

[El duderino_]

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[El duderino_]

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[HairyMaclairy]

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[Lambie Slayer]

Bitcoin sign guy is a Shitcoiner now.

[dyask]

 The value of gold though is completely base on the current scarcity of it.   Over then next decades the scarcity is likely to change a lot.  

The point on scarcity is correct because its already true, most of the gold mined was done in the last hundred years.   The obvious reason being the industrial revolution and the introduction of the combustion engine, of course the mining of gold increased massively.
So why isnt gold as cheap as hell, the price went up no doubt about it in any currency I've ever heard of.   Certainly sterling the oldest FIAT standard and originator via Newton of a gold standard the price altered massively from the old £1 gold coin exchanged (still made) and now £1 doesnt buy a snack.  
FIAT has exceeded the production of gold, its proven even easier to increase production. Another reason is the great population growth in the world, its not linear more like exponential growth and some view this as very negative.   I really dont as people can be gigantically productive and inventive and I rate people as an asset to any country but thats a personal view.   Gold divided among all these new people together with an ever greater bias to giant government and global corporations over the people as individuals and the origins of capitalism as capital and production with the people not the state, we have the result in gold price going up greatly and so far as I can tell will continue to go up for as long as Im around hence I hold it as capital.

What I really disagree with is the idea of gold or Bitcoin as if they oppose each other.   I'm not even going to discuss as it makes little sense, its like saying Bitcoin or live in your own house when both can be productive assets.    The argument to hold many assets not just one should be perfectly clear as we see great variation in Bitcoin, it doesnt invalidate it but it makes sense to have many options to stay stable personally

I don't disagree.   The current value of gold reflects the low value of FIAT.   I don't know if Bitcoin will replace gold or something else will or something all together different will happen.   I just expect a massive change, at least in the lifetime of my children if not my own.   Depending on the continued value of gold seems very risky.

[JayJuanGee]

Fired another $800 (from $5350) today. Still got some more ammo of $800 for this month to fire. Fucking double digits is just too hard to get.

It really looks like we are going to FOMO to $20k and then $50k a lot earlier than what we expect.

Just do what you can.  You cannot expect to just double your BTC stack size in a short period of time, without engaging in gambling. 

Yeah, it is too bad that you did not stack up while we were in the sub $500s, but there still remains a decent chance that, even if you are only able to acquire 8 coins, you are going to have more than 1000x more coins than the average** bitcoin HODLer 10 years from now.  Even now, I would be surprised if the average** bitcoin holder  has more than 1 BTC.

**  I am moreso referring to the mode rather than the median.