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

[El duderino_]

Wall Street is built on financial engineering.

Bitcoin is built on software engineering.

Which one do you trust?
https://twitter.com/APompliano/status/1129756572534562816

Next Poll ?

[jojo69]

Does crytpoqueeeeen really need 2 glasses of wine?

will you fucking shut up

 

[jojo69]

via Imgflip Meme Generator

Gonna give whiskey another chance, which one should I take??

BTCMILLIONAIRE ??

I'd go for the Bushmills personally, but the water of life is a very personal taste

[El duderino_]

https://twitter.com/RedditBTC/status/1129696975878787072

[Toxic2040]

Next Poll ?

We have 2 hours until closing bell..lets not be hasty.

----------


sorry..someone forgot to put out the memo...guess we will just have to see how it goes.

1h



D

[Last of the V8s]

oh alright

[Biodom]

A ranch for an OG bitcoiner in 2030-2035 (with btc, hopefully, at 7 figures current $ values);

https://www.landsofamerica.com/property/40138-acres-in-Val-Verde-County-Texas/5160408

Low, low $27 mil for a 40 thou acre ranch. This looks almost like a small country.

[600watt]

F*** b00ze is talking

You and me both, buddy.

Crazy weather here. Tornado Warning in effect until 5pm or so, but I think the worst is behind us.

Thinking of eating 1g of mushrooms and see how that hits me for the evening.

Life is good.

A tornado could take me out in the next 15 minutes, and I would die a happy man.

Hodl.

EDIT: Not sure if Mushrooms + Beer is a good combo, so considering holding off to tomorrow
EDIT2: Can you you imagine that ? A drunk, stoned, and psychoactive-influenced, intellectual, naked black-man, running down the streets of suburban Texas, in horrific weather ? It's like the opening to the next Cohen Brothers film...

i shall reserve 1 smerit for you.
and yeah, mushroom is much better without alcohol/tornado. #yolo 

[fillippone]

A ranch for an OG bitcoiner in 2030-2035 (with btc, hopefully, at 7 figures current $ values);

https://www.landsofamerica.com/property/40138-acres-in-Val-Verde-County-Texas/5160408

Low, low $27 mil for a 40 thou acre ranch. This looks almost like a small country.

40138 acres equal 162.4 km^2: bigger than Liechtenstein.
This would be the 7th smallest nation in the world.

https://www.worldatlas.com/articles/the-10-smallest-countries-in-the-world.html

Not bad, really.

[dyask]

https://twitter.com/RedditBTC/status/1129400796938948609

"You have 0 sendable merit (sMerit)"... plz, accept a big hug. Thanks for this nice infography

Gave the post a merit for you.      The post did deserve it.

[Arriemoller]

Mic, try the Swedish whisky and support our local distillery, It's made in Scania, my part of sweden.
But I have no idea what it tastes like.

[El duderino_]

SevenK two hundred!!
Cryptoqueeen amazes us!
Sunday, and still drunk......

R0ach rekt yet again.
Crushed by twenty five year blond.
I do love her, YES!

Boblawblaw black guy.
Drunk, stoned intellectual!
Coen bro's be ready.



Aaaaaaaaaaaand into tha HODLnest.

Good night Observers of great Walls.

[El duderino_]

Low price volatility today which is obviously good after the recent fairly significant dump.
Support building at this price which is good.

I’m feeling tired & bored, my flight back to the UK was at 6am today so been awake since 1am.

In the words of mic ‘time to retreat to the HODLCAVE’

Goodnight gentlemen!

Night Bro, safe flight!!

[Biodom]

kudos to bitcoin,
it made the last few years still
more interesting

[Toxic2040]

oh alright

[orsotheysaid]

is r0ach still around?

I remember he sold almost all (or all?) of his coins and became a metal-only holder. Hmm.. that wasn't probably a good idea.

[Toxic2040]

#dyor
1h


4h



D

#stronghands'19

[DaRude]

Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Mln Liquidated on BitMEX

https://cointelegraph.com/news/bitstamp-starts-investigation-after-large-btc-sell-leads-to-250-mln-liquidated-on-bitmex

They need to investigate themselves as to why they accept a limit sell order 2000 points below the market price.
That kind of order (not a market sell) should be simply rejected by the trading system (as an error).

Wait an 100x overleveraged exchange exploited for its volatility? Stop the presses

[realr0ach]

A post I made earlier for people under the delusion that any type of scaling problem has ever been solved in Bitcoin (let alone decentralization and everything else):

5)  Quantum computing - It's not really a problem so much besides the fact signature sizes would need to massively increase, crippling any form of scalability even more.  If you assume Lightning Network is a complete failure because it's only evolutionary topology could be end users connected directly to a bank that routes all their transactions, giving LN no reason to exist compared to just using a regular bank, then Bitcoin would truly have no real scaling hopes whatsoever. 

And that is generally my outlook on the subject as well.  Promoters of Lightning Network use the false claim that "routing" is going to fix everything, but routing would need to be an inherent, hard coded, forced feature of LN for that to be true, kind of like how mixing is forced in Monero.  Tokens in LN would need to be both fungible (transactions blinded) and routing forced for it to be of any use at all, otherwise it's just an exact replica of the current banking system - a giant permissioned ledger.

[realr0ach]

Hey Roach!

Any comments on this?

http://pbs.twimg.com/media/D6tg84TWwAEj5SJ.png

Kind regards,

Raja

They have machines running on autopilot that just automatically rig metals down when the dollar index rises.  Are dollars really becoming more valuable while the US debt and printing spirals out of control and foreign nations like China and Russia dump all their treasuries?  Fuck no.  Like Elon Musk says, "it's all a simulation".  The charts are fake - painting the tape.  They have zero relation to the physical world or anything to do with supply and demand.  The dollar is becoming less accepted and less wanted globablly, yet they raise a lever on a fake chart that claims it's more valuable than ever.  

Like I said, Comex has already had a technical default sending all contracts to London.  There's nobody on earth who is willing to take the buy side of the trade on a fraudulent exchange that doesn't even have metals.  That would be like sending your money to Bitfinex.  It's likely the price of metals trends towards ZERO on all the fake exchanges like COMEX the closer you get towards global metals revaluation.  It's a game of chicken.  How low do you think it can possibly go before you call up the metals dealer asking to buy some and some billionaire bought it all in one swoop, or the govt itself cleans out the dealers and the ETFs, or the "official" price is $15 but there's now a $10 premium on top of that to source any.

The dollar is also rising simply because the CHICOMS are rigging their currency DOWNWARDS like mad to try and solve their debt problems, which causes the USD to rise as everyone flees the Yuan.  Then the USD becomes way too overvalued and all foreign nations default on US debt unable to pay it back and the whole system blows up with banks crying about how they need to be bailed out.