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

[d_eddie]

It looks like Lambie got it right with the baby-to-adult thing. He started talking about it long ago. IMO that's long enough to deserve some juicy title such as Bull Prophet or something.

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[realr0ach]

Max Keiser vs Peter Schiff video on Bitcoin vs Gold yesterday:  Max was all yapping away and Schiff said "Bitcoin isn't even a real commodity" and the Keiser froze like a deer in headlights thinking "dammit he's been talking to r0ach...".  He looked terrified as soon as that line came out.  Neither one of them debated very well on the subject, though.  I would destroy Keiser in a debate.  All it takes is one example to destroy all the strawmen of any digital shitcoiner:

What is money?  Everything that happens occurs on the axis of time.  The purpose of 'money' is to transfer value from the present to the future.  In order to do so, absolutely nothing qualifies as money unless it's a non-perishable commodity.  Bitcoin is neither a real commodity nor non-perishable.  It can implode and cease to exist at literally any second.  It can also fall out of favor or be replaced by some other coin and not be accepted.  This is why anything digital can be nothing more than a currency and not money.

Currencies, whether it's Delta Airline Miles, Chuck E Cheese tokens, or Bitcoins, have no value and they always return to exactly where they started from - zero.  As long as humans roam the earth, non-perishable, physical commodity money like silver, gold, and copper does not do this, which is why they're actual money and not currencies.  Currencies, which is what Bitcoin is, are ALL extremely perishable.

[Ibian]

Maybe we should outlaw lifelong politicians?!

Yes. It is a very sure way to get narcissists to rule over us.

[bitcoinPsycho]

I love Friday

Confirmed

[realr0ach]

Brad Sherman's clearance must not be high enough to know the govt created bitcoin.  I personally can't stand (((Brad Sherman))) because he's an evil Jew, and I thought his commentary on bitcoin would be absolutely stupid, but most of it actually makes sense.  He described Micgoossens perfectly:

On March 14, 2018, Sherman made highly critical remarks about Bitcoin, cryptocurrency, and Initial Coin Offerings. He started his prepared remarks by saying "Cryptocurrencies are a crock". He further said, on Congressional record, that all Bitcoin does is allow "a few dozen men in my district to sit in their pyjamas on their couch all day, and tell their wives they are going to be millionaires". He further suggested that Bitcoin doesn't provide any value to the real economy, asking "when you buy a Bitcoin, are you helping build a new factory?"

[Gyrsur]

Not only the physical universe exists. There are other universes too. Mankind created a virtual universe. It is also called the digital world or the digital age.

Gold is a commodity of the physical world. Bitcoin is a commodity of the digital world. Both have value and will continue to exist. However how the relevance of the digital world will increase so the value of digital commodities will increase too.

[BTCMILLIONAIRE]

@Elwar Glad to see you safe. Hope to hear your story soon (in as much detail as you can spare and as little necessary for OpSec).

https://www.ccn.com/bitcoin-democrat-ban-cryptocurrencies

"By CCN: Bitcoin-bashing Democrat Congressman Brad Sherman is urging his colleagues to pass a law that would ban cryptocurrencies in the United States.

“I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans, so that we nip this in the bud.”

Congressman Sherman, who’s from California, made the remarks May 9 at a meeting of the House Financial Services Committee."

We need more politicians like this to help pamp us to 100k right away

My first thought when I saw him was "what a twat, no wonder people hate Republicans". Oh boy.

[HairyMaclairy]

Heh

[Last of the V8s]

[StartupAnalyst]

Who's gonna stop this train, who's gonna do something about these HATs

Maybe more important, who is gonna jump on it and who will miss it for another long period, while could of been on it right now !!!

It's nice to be with all the cool guys on this train.   I think there's nothing stopping this train, it's just gaining power. 

[Hueristic]

Just noticed

$6,400-$6,600    - 8 (6.2%)

I might get one right!

[El duderino_]

It looks like Lambie got it right with the baby-to-adult thing. He started talking about it long ago. IMO that's long enough to deserve some juicy title such as Bull Prophet or something.

Yeah I do, really do respect Lambie and HM’s calling the bottom and saying from here we gonna go forward.

[StartupAnalyst]

Another mini pump overnight.

We’re now close to double the price from the bottom at $32xx or whatever it was.


BULLISH!

Think we allready have doubled from there brother

It's nice to know that this is just the beginning. We will undoubtedly experience exponential growth!

[kenzawak]

The Farewell moment, stupidly funny... a must watch (lol @BSV) :

https://www.reddit.com/r/Bitcoin/comments/bmv7y2/the_farewell_moment/

[BTCMILLIONAIRE]

This is the current golden cross on 100 MA Daily / 200 MA Daily


This is the same format golden cross 100 MA Daily / 200 MA Daily in October 2015

Note the missing flat period of the slowest MA. While fundamentals could very well prove your arrow correct (which wouldn't surprise me due to acceleration of adoption and FOMO), the technicals are telling a different story. Don't go 80x just yet and brace for impact.

[kenzawak]

[siggy_77]

Demand, Demand Everywhere

OK...  So when it hits 1:1 ratio, I just may have to get one of these, paint it to halfway hide what it is, and use it as a door stop..

just... because....

[BTCMILLIONAIRE]

https://twitter.com/APompliano/status/1126595123595358209

He's one of the first politicians to want rid of it for the 'right' reasons which is a teensy bit worrying, not that it'll get anywhere. It's not about Ponzis or drug dealing. It's about eating the dollar's role.

All of his objections are true. It's a powerful backhanded endorsement of its virtues.

Very true, but way too late. Too many countries that are embracing it, so if the US outlaws it it'll turn itself into a shithole.

[kurious]

It looks like Lambie got it right with the baby-to-adult thing. He started talking about it long ago. IMO that's long enough to deserve some juicy title such as Bull Prophet or something.

Yeah I do, really do respect Lambie and HM’s calling the bottom and saying from here we gonna go forward.

Hey Mic, you're right, but I hope you won't mind if I say I don't think I was far off, either....

A snip from early Jan:

It is even possible by this time next week, especially if we do not break below 3122, we will have already (if imperceptibly at this time) seen the end of the bear's grip on the market and the new bull will be here to start the long march up to the new ATH.  I think quite possibly, it's time.

Please forgive my easily bruised ego.

[El duderino_]

It looks like Lambie got it right with the baby-to-adult thing. He started talking about it long ago. IMO that's long enough to deserve some juicy title such as Bull Prophet or something.

Yeah I do, really do respect Lambie and HM’s calling the bottom and saying from here we gonna go forward.

Hey Mic, you're right, but I hope you won't mind if I say I don't think I was far off, either....

A snip from early Jan:

It is even possible by this time next week, especially if we do not break below 3122, we will have already (if imperceptibly at this time) seen the end of the bear's grip on the market and the new bull will be here to start the long march up to the new ATH.  I think quite possibly, it's time.

Please forgive my easily bruised ego.

-Yeah I do, really do respect Lambie, kurious and HM’s calling the bottom and saying from here we gonna go forward.


-And it took us only 1365 pages (from your quoted post) to double the price from that 3122 till now
Where will we be in another 1365 pages?