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

[Globb0]

[tulip fund/satoshi stash]

We all knew what we were getting into with bitcoin. Satoshi could come back at any time and dump his entire stash. Most of us have made a calculated bet that this won't happen.

Forking away is not an option. We'd be no better than the cult of Vitalik forking away after getting butthurt about the DAO "hack".

agreed. the real satoshi could come back anytime and use his funds. and any chain that forks or freezes those coins is worthless. the whole point of btc is "your keys your coins," not "your keys, too bad." btc forks and im out. satoshis stash is his. no matter what the outcome.

i do think we all figure (well maybe just me?) his coins, when claimed by the real satoshi, would be used in a responsible manner, to do minimal damage and not for revenge. even if he just spent them on himself. not crash forks he may not like. after all if bch and bsv ( <- substitute your bad guy flavors of bitcoin here) are just forks , why attack them anymore than attacking eth/ltc/whatever. just because  they tried to claim the btc name and vision? so what. they would fail anyway as soon as he move the coins off those addys and says (whatever) chain is the true one. anything more is childless revenge.

this was always an experiment that could come crashing down at any moment anyway. i always knew that and still consider it that.

Maybe just claim his fork coins and dump them both for BTC     


Weeeeeeeeeeee

[1714796653]

1714796653

[realr0ach]

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  

He's an Elliott waver.  I feel like I rarely (never?) see people create Elliott wave charts that actually come true that they can link to people after the fact to prove how great they are at charting.  It's usually more along the lines of them constantly, retroactively altering counts to make their chart fit after it's all already happened.  However, I can't imagine there's any 'smart money' looking to back up the truck at $8k, so he's probably right about it dumping.

[jonoiv]

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  You guys really fucked up not buying in the $3ks. You had months to do it.

I had a said to JJG on this thread in March 2017, it would hit 3-4k.  it did.  Now im saying this is a typical phase B of the elliot wave, and the volume confirms it.  

The only hope for the bulls is that there is some massive entity buying up as much bitcoin as possible, but seen as it probably is phase B, (low and decreasing volume) it's far more likely the big investors are waiting for a final capitulation towards the end of 2019.  

[realr0ach]

In fact the declining birthrate in Japan shows the failure of sexism in the modern world.

All it proves is that R-selection dark skinned people reproduce out of control like rats until resources, space, and everything else is gone and then resort to cannibalism, while K-selection whites and asians self regulate reproduction to not be completely miserable and overflowing with people.  Enormous city population living is not conducive to the human primate environment.  There's no reason birth rates should be high in the first place in that type of environment.  The Japanese don't give a shit about reproducing solely to facilitate some sort of dysfunctional economic model.  Lebensraum - living space.

[HairyMaclairy]

it's far more likely the big investors are waiting for a final capitulation towards the end of 2019.  

Yes, correct every Joe Blow and his dog Bow Wow are waiting for the final capitulation dip of 2019.

Now stop and think about the consequences of that. 

[realr0ach]

In the many worlds quantum interpretation, there's a world in which JayJuanGee touches a doorknob and the atoms rearrange themselves into physical bitcoins and fall to the ground....and then happens again to every other doorknob he touches for the rest of his life...which is why the many worlds interpretation is completely idiotic.

[Dabs]

The tulip trust may or may not be real, but I'm pretty sure no one has the private keys to the 1 million bitcoins held by the original Satoshi. No one else but the real Satoshi anyway.

Legal entities don't protect bitcoins if any human has access to the private keys to be able to spend them.

[bitebits]

Today I looked up the price of a BCH. I feel dirty.

[jonoiv]

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  

He's an Elliott waver.  I feel like I rarely (never?) see people create Elliott wave charts that actually come true that they can link to people after the fact to prove how great they are at charting.  It's usually more along the lines of them constantly, retroactively altering counts to make their chart fit after it's all already happened.  However, I can't imagine there's any 'smart money' looking to back up the truck at $8k, so he's probably right about it dumping.

They all look a bit wavey to me.

[vapourminer]

i do think we all figure (well maybe just me?) his coins, when claimed by the real satoshi, would be used in a responsible manner, to do minimal damage and not for revenge. even if he just spent them on himself. not crash forks he may not like. after all if bch and bsv ( <- substitute your bad guy flavors of bitcoin here) are just forks , why attack them anymore than attacking eth/ltc/whatever. just because  they tried to claim the btc name and vision? so what. they would fail anyway as soon as he move the coins off those addys and says (whatever) chain is the true one. anything more is childless revenge.

this was always an experiment that could come crashing down at any moment anyway. i always knew that and still consider it that.

Maybe just claim his fork coins and dump them both for BTC      

Weeeeeeeeeeee

if i were satoshi (ALL BOW BEFORE THE MIGHTY VAPOURMINER... err i mean SATOSHI) i would dump the alts and donate them to charities/research/foundations. many of the real bitcoin stash too. i mean satoshi really needs more than a million coins to be happy? jeez and i thought I was being greedy with my pitiful aspirations..

[machasm]

What's with all the angst guys?
We are around $350 short of $9000. Why is everyone so skittish?
If we go down, we go down. As always Honey Badger doesn't give a f*k.
Personally I am very happy with the way things are playing out.
CSW? Who? It's all just noise.
Sit back and enjoy the ride.

[kenzawak]

https://twitter.com/karbonbased/status/1133626838532726785

 

The original pic :


Some of the others...

[600watt]

People who talk about how others have a low IQ, usually have a low IQ.

The fact remains that women can not be in two places at once. You can't raise kids and work at the same time. It's one or the other. Women simply do not want to have kids today.

lol, when partnering with "men" like you, I guess your statement is true.

men are not involved here? they cannot raise a kid? when less kids are born, it is because of the women not wanting kids? no way it is also because of the men not wanting to have kids? how many kids you've got?

if i remember it correctly you were not really fond of muslim/arab culture. but you sure do share their views.  

back to ignore, sweetheart.

[jonoiv]

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  You guys really fucked up not buying in the $3ks. You had months to do it.

Them and the dweebs who are still waiting since 2013 to buy under $100

all good things

[600watt]

like it has for long periods before you mean?  Like when miners mined at a loss? like when they had to folk it to reduce the sha256 hash power so that the price could keep up with the profit curve, with countless forks thereafter.   Like when they have to hire an army of bull trolls to maintain the bull phase .  Like when they have to DDOS multiple sites, log multiple people out of trading accounts during breakouts to make it work?  or are you discussing something different? 

you actually believe that "hiring bull trolls" keeps the price of bitcoin rising?   i want to be hired!

Who pays for the "buy bitcoin"  adverts that appear from the mid to the end of every single bull run and the start of all downtreands?

Why don't the adverts continue through the accumulation phase?

Please tell me who pays for this, and if it's a solo investor, why do they always pull the adversts at the accumulation phase?

wait, i was asking about hired bull trolls, not about advertisements. do you really believe that hiring "bull trolls" will make the price of a multibillion $ asset to rise?

anyway: maybe you are mixing up cause and effect here. at the top of a bull run the mania is biggest. of course you would expect to see more advertising in a mania phase compared to a phase when no one gives a shit about bitcoin. what is your point?

[jonoiv]

like it has for long periods before you mean?  Like when miners mined at a loss? like when they had to folk it to reduce the sha256 hash power so that the price could keep up with the profit curve, with countless forks thereafter.   Like when they have to hire an army of bull trolls to maintain the bull phase .  Like when they have to DDOS multiple sites, log multiple people out of trading accounts during breakouts to make it work?  or are you discussing something different?  

you actually believe that "hiring bull trolls" keeps the price of bitcoin rising?   i want to be hired!

Who pays for the "buy bitcoin"  adverts that appear from the mid to the end of every single bull run and the start of all downtreands?

Why don't the adverts continue through the accumulation phase?

Please tell me who pays for this, and if it's a solo investor, why do they always pull the adversts at the accumulation phase?

wait, i was asking about hired bull trolls, not about advertisements. do you really believe that hiring "bull trolls" will make the price of a multibillion $ asset to rise?

anyway: maybe you are mixing up cause and effect here. at the top of a bull run the mania is biggest. of course you would expect to see more advertising in a mania phase compared to a phase when no one gives a shit about bitcoin. what is your point?

It seems to me,  in the accumlation phase mass posters are talking doom and gloom,  and in the top of a bull run people are shouting moon.  Despite bitcoins history of massive swings, the same old story seems to emerge.   I find it hard to see how that many people all sing to the same tune, when time and time again the oppersite happens.   So i belive there are a fair few posters that say one thing but do the oppersite, either for vested interest or because they are being paid to do so.



EDIT:  also new posters appear at the peaks and the troughs ,  they seem faily knowledgeable, like they know the landscape but are frequently wrong, then they disappear never to be seen again.  when the next peak appears a new bunch of faily knowledgeable posters appear.... the cycle continues, over and over.

[MrFreeRoMan]

According to the article above, daily price movements are now as big as they’ve been since the capitulation phase of mid-November.

https://www.bloomberg.com/news/articles/2019-05-28/bitcoin-s-wild-ride-resumes-as-volatility-returns-with-vengeance

Sonny Singh, BitPay Inc. chief commercial officer, discusses the landscape for cryptocurrencies with Bloomberg's Emily Chang on "Bloomberg Technology."

https://www.bloomberg.com/news/videos/2019-05-28/jump-in-cryptocurrencies-is-just-the-tip-of-the-iceberg-bitpay-s-singh-says-video

[kenzawak]

lol reminds me of a pic I took in a Caracas restaurant a few years ago :

[LFC_Bitcoin]

Bought £750 worth today, I had to take some fiat savings out for my trip to Madrid for the CL Final. I felt a bit bad doing it so I thought fuck it, and bought some BTC with a bit of the money to cheer myself up.

I don’t really care if the price goes down in the short term. The end result is always the sake - INSANE PROFITS.

[MrFreeRoMan]

Bought £750 worth today, I had to take some fiat savings out for my trip to Madrid for the CL Final. I felt a bit bar doing it so I thought fuck it, and bought some BTC with a bit of the money to cheer myself up.

I don’t really care of the price goes down in the short term. The end result is always the sake - INSANE PROFITS.

You did everything right!)