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

[El duderino_]

Dammit lovely 7K

Time to crush Some bears! 

[1714167752]

1714167752

[1714167752]

1714167752

[vroom]

bitstamp/bitfinex spread update:

[realr0ach]

One of the nice things about a good pump is I don't have to see people quoting roach for awhile.

Ah well.

Imagine how terrible it's going to be when the system blows up again and Trump walks in on Monday morning and tweets "Ok goyim, gold is now revalued to $10,000, silver is $500 an ounce, copper $3.5-$7 per ounce".

Now heres where some interesting math starts.  That would put the value of a current day quarter at $0.59-$1.17 by copper metals composition (plus Ni value).  The metals composition of a current day quarter is similar to that of a liberty head nickel from the early 1900's back when you could buy a coke for a nickel.  Assuming the current price of a non-bulk coke is around 50 cents and you went with a lower end copper metals revaluation estimate ($3.5/oz), that means after revaluation a coke would once again cost the same thing as a year 1900 nickel in metals composition (around 0.15 or so oz of copper).

[Globb0]

Or Banana man walks in and says the price of gold is now 199,000

Then what you gonna do ?

[realr0ach]

Or Banana man walks in and says the price of gold is now 199,000

Then what you gonna do ?

That's the Jim Rickards scam where he attempts to mislead people into believing only gold will see large gains from revaluation to try and stop them from buying silver, which will have bigger gains.  The last time I saw him questioned on this subject, he gave the most waffling, obviously untruthful response ever and stuttered out "silver will go up only in an equal proportion to gold".  Before he said this statement he was trying to mislead people into believing silver would somehow miraculously not go up at all and only gold would, then he finally gave in and now said they will both go up equally, when even that's not true and silver will far outperform gold in revaluation.

There are numerous reasons for this.  You cannot revalue only gold.  People would immediately parlay all profits out of gold and back into silver to try and double dip and silver would go up anyway.  Secondly, money has no use unless it has actual wide circulation.  The only form of metal regular goyim have at all nowadays is the copper located in metal coinage.  That copper is then interchangeable with the silver and gold at new fixed rates linking everything together.  

In other words, to recapitalize the system, it's kind of imperative that it's done in a tri-metal system and not just gold or it wouldn't even work at all.  That and the west has a massive shortfall of gold and will make up the difference by revaluing silver at a high rate.  Even professional liars/misdirection artists like Jim Rickards have given up on trying to push the narrative there will be a gold only system without silver or copper.  It wouldn't work, it's terrible for west, and maybe the only nation that would even benefit from a gold only system would be some place like India who TPTB have no intention of making kings of the world.

[JayJuanGee]

[edited out]

Disingenuous ... yer telling people i sold at the Jan 2018 peak of 12500,  again at the august peak of 8300,  suggesting it was over sold in November 2018 at 3500.  Then telling people it's overbrought after it went over 7000 on this peak  and it's due a crash and it could be phase B of an elliot wave.  

Good for you.

My opionins tie in with what I geniunly think regarding the price, and how im trading.  

Yes.. you come off as disingenuous.. talking bullshit about your book or whatever.. rather than really trying to share information, and really few people here give any shits about people hoping for down and that kind of bullshit...

Of course, if the price is trending down, then there is no problem making those kinds of predictions  and backing up your assertions with logic and facts without being a dick about it.

Im not a whale or a shark.  

Fair enough.. nice to hear if you are actually normal.  Perhaps?

I get it wrong a few times but thats not because of some vested interest, it's just because I was wrong.  

I would presume that most people are going to have their good calls and their bad calls, so of course.

Frequently, whether you ar predicting up, down, sideways or some variations, it is not like you are the only one who has whatever prediction that you are making.  I think that we are here to share that kind of information and opinions or whatever..    I guess I have been irritated about your recent assertions about the downfall in price, as if you are the only one who senses that is going to happen and as if you have some kind of vision as to when...

But lets face it, 90% of the posters on here feed fear in the troughs, and feed greed in the peaks.

I don't think so... Only the irritating ones like yourself are going around stirring shit... just trying to provoke.

There are a variety of strategies, but in this thread, many genuine posters are engaging in various ways to HODL and accumulate BTC.  Of course, there are some shared strategies, and pure HODL seems to be popular.  Even though this thread is about price speculation, there are a large number of posters who are very reluctant to trade very much or even to bit on down, so there is a bit of lopsiddedness towards up... which seems to b a good thing, especially in bitcoin where there are a lot of strong fundamentals, and many peeps here recognize that.  So yeah there is quite a bit of bullishness in this thread.. which seems both good and healthy.. and there is also a bit of hate towards shills and trolls, and tolerance for bears who back up their shit rather than coming off as mere troll/shills.  Probably, guys and gal here tend to require that bears back up their shit more than bulls, but I will concede that sometimes bulls might be a bit irritating too if they are pumping out unrealistic ideas (though concededly, again, the less substantiated bull ideas tend to be more tolerated, here.. which seems to be healthy to talk positively than negatively, especially about a thing like bitcoin).

[JayJuanGee]

When Lambo?  

You are a fucking nutjob, jonoiv.

You are getting all excited because there is a price correction, which is normal, and you want to paint such correction as either a doom and gloom situation or something that you predicted...   Which this correction is neither.  This is what happens.  If bears are able to push the BTC price down, they push it down as far as they can and for how long they can.  So in the coming days we are going to see whether the BTC price goes back up, stagnates in some area in the lower $7k region or continues to go down. 

We will see.  We will see.

If there is some continued downward BTC price  momentum, of course, there will also be some continued attempts at FUD spreading, and we will see the extent to which that FUD spreading is successful, too.

That awkward moment when you feel a sudden urge to give JJG some merit 

Likely nothing wrong with having that urge.... From time to time, it likely does not hurt to act upon such urges, either... you fuck.     


  I just could not help myself to throw those last couple of words in there.   

[realr0ach]

Nice...Bitunlocker the Jew shill is back quoting evil cult of Judaism texts claiming all non-Jews are supposed to be their slaves LOL.  And these people wonder why they've been kicked out of 109 different countries like 300+ times now.  I guess the Romans didn't get that memo that they're supposed to be Jew slaves when they came and burned the place down.

[fillippone]

Just woke up, is the red candle to $6100 on bitstamp real or is it a glitch?

It wasn't a glitch.
A "usual suspects post mortem analysis here:
BITCOIN PRICE ‘FLASH CRASHES’ TO $6.1K – HERE’S THE LIKELY REASON WHY

The Rundown

Whale Dump, ‘Fat Finger Error,’ or Bot Glitch
Bitcoin Price Parabolic Advance Halted

A 5,000 BTC dump on Bitstamp likely caused the bitcoin price flash crash that occurred during the early hours (UTC) of Friday (May 17, 2019). Bitcoin plunged to as low as $6,100 on the exchange but has since recovered over $7,000 over the past few hours.
[snip]

[realr0ach]

Nice...Bitunlocker the Jew shill is back quoting evil cult of Judaism texts claiming all non-Jews are supposed to be their slaves LOL.  And these people wonder why they've been kicked out of 109 different countries like 300+ times now.

hard to deny .thanks to see that your memory is really great !!!

Since the Kabbalah claims souls are reincarnated/recycled, you're probably trapped in a neverending loop trying to enslave goyim and then being exterminated in retribution and we've already done this like 100 times before.

[VB1001]

Bitstamp

1/2: A large sell order was executed on our BTC/USD pair today, strongly impacting the order book.
Our system behaved as designed, processing and fulfilling the client’s order as it was received.

https://twitter.com/Bitstamp/status/1129311518091300864

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

https://twitter.com/Bitstamp/status/1129311623951409153

[gentlemand]

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

Interesting. Do they have form for this?

Where does selling a shit ton turn into something that gets legal types hot and bothered?

[Arriemoller]

Just went grocery shopping, and they had a voting booth there so I popped in and did my duty.
Voted for this party. https://www.youtube.com/watch?time_continue=15&v=HrmF_I0-l3M
(For Murricans and others, it's the EU parliament election).

Oh yeah, bitcoin and such, it's gone up much, so no it goes down some, soon it will go up some again. It's been doing that for as long as I can remember, just relax.

[fillippone]

Just went grocery shopping, and they had a voting booth there so I popped in and did my duty.
Voted for this party. https://www.youtube.com/watch?time_continue=15&v=HrmF_I0-l3M
(For Murricans and others, it's the EU parliament election).

Oh yeah, bitcoin and such, it's gone up much, so no it goes down some, soon it will go up some again. It's been doing that for as long as I can remember, just relax.

I am not sure what you did, but for sure you didn't vote for the European Elections will be held next week:
https://en.wikipedia.org/wiki/2019_European_Parliament_election

[VB1001]

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

Interesting. Do they have form for this?

Where does selling a shit ton turn into something that gets legal types hot and bothered?

While Bitstamp investigates what happened..., I have to do a delicate operation, change the position of the HiFi speakers, the result is often not the expected.

[realr0ach]

How did Germans become such mind-bogglingly stupid people.  Dogs have an IQ of like 3 and inherently know black people are not safe to be around and always bark at them.  Germans line up begging to be murdered in a level 5 chimpout.

Germany: 26yo Eritrean Migrant Repays Family Who Took Him In By Stabbing Their 11yo Child While Shouting 'Die, Die, Die!'

http://www.informationliberation.com/?id=60215

[Cryptotourist]

Working overtime today, are we r0achie?
Dogs sense energies (i.e. fear) & don't see colors.
Maybe you should pick up on that.

It's time for you to wank. It's been hours.

[ivomm]

Bitstamp

1/2: A large sell order was executed on our BTC/USD pair today, strongly impacting the order book.
Our system behaved as designed, processing and fulfilling the client’s order as it was received.

https://twitter.com/Bitstamp/status/1129311518091300864

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

https://twitter.com/Bitstamp/status/1129311623951409153

So either a fat finger, or a n00b short manipulator. Doesn't he know that the exchange blocks withrawals of such magnitute because of money laundering suspicion? Bitstamp also excanges data of such potential manipulators with all derivate exchanges. So if he or a member of his family is registered there, that money will be blocked too. Good luck with proving to FBI or Interpol that his money are legally obtained. Such greedy bastards lose everything with one stupid mistake. Curse them!

[El duderino_]

2 pages filled with 50% idiocy

and we all laughing cause BTC just playing around with those idiots      

Realize its Friday, hoppe the weekend will be pleasant and Saturday filled with good wine, good food and good WO-moments ....

[cAPSLOCK]

You left out _unwriter.

Have you stopped to think what a centralized panopticon nightmare is being built if the ideals of BSV and _unwriter came to fruition?