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

[BitcoinGirl.Club]

For few minutes (an hour ago I think) I witnessed $13,000

However now it's $11,800

Can not complain. $15K soon?

[fillippone]

Most people are woefully uneducated about Bitcoin.

It appears that everyone who can explain it is extremely bullish.
https://twitter.com/bitcoindeezy/status/1158053269874196480?s=20



@r0ach, educate yourself, fight the inner bitterness, jump on the train, forget your Nazi sh*t thinking, forget trolling the WO, become a brother its not yet to late

This is why we are here.
Spread the word.
Spread the knowledge.
Bitcoin is a difficult topic, at the crossroad of different fields of human knowledge (monetary theory, cryptography, game theory, distributed calculation, network engineering...).
Also as a paradigm shift challenges us on many aspect of our life we are used to think about as "certainties". This is why also adoption is coming slowly: a lot of people prefer to "close the eyes" and stay in their comfortable habits of ignorance (no negative term here, only ignorance as "not knowledge").
Bitcoin is difficult, but the stake is too high not to be educated about it.
But once you see bitcoin, it cannot be unseen.


 

[Totscha]

For few minutes (an hour ago I think) I witnessed $13,000

However now it's $11,800

Can not complain. $15K soon?

Might have been something you ate? I'm looking at $12.325 as the daily high.

Perhaps it was some strange exchange? We use Bitstamp BTC/USD here. Anything else and the natives get restless...

[realr0ach]

This is why we are here.
Spread the word.
Spread the knowledge.
comfortable habits of ignorance

You sound like criminal negroes from the ghetto with an IQ of 3 trying to blame the fact people don't like you on "ignorance".  It's not "ignorance" people don't use Bitcoin, it's because it has zero fundamentals due to transaction validators being designed to centralize while also being a completely synthetic, Keynesian scam based on artificial scarcity inferior to physical metals.

[HairyMaclairy]

600k+ $BTC by Sept 2021 if we copy the 2015-2017 price action 😎🚀

#Bitcoin2019 #bitcoin


https://twitter.com/Crypto_Tone1/status/1158361271022030848?s=20

When people getting overly Bullish and talking my language

Lol fuck off mic!
That is seriously overly bullish although just imagine  

Lol did they just use a ruler and measure the same distance on a log chart ?

[realr0ach]

Lol did they just use a ruler and measure the same distance on a log chart ?

$600k with a cost of production of $6k post-halving.  Sounds totally legit, bro.  Please just completely ignore the fact price trends towards cost of production unless every govt in the world suddenly adopted Bitcoin as the unit of account of everything for no reason.  

The odds that happens with metals is pretty high for a dying fiat system.  The odds of it happening with Bitcoin = 0.  Since Bitcoin is entirely a synthetic, bullshit widget based on artificial scarcity, govt would never adopt Bitcoin and would always create their own digital shitcoin instead to try and force on you.  So the only two possibilities are physical metals or govtcoin.

[BitcoinGirl.Club]

Might have been something you ate? I'm looking at $12.325 as the daily high.

Perhaps it was some strange exchange? We use Bitstamp BTC/USD here. Anything else and the natives get restless...

It was in preev

[HairyMaclairy]

Never heard of Preev.  What is it?

[realr0ach]

The Bitcoin exchange rate converter that's existed for 2 centuries.

[BitcoinGirl.Club]

Never heard of Preev.  What is it?

http://preev.com

[fillippone]

Today I made 2 posts on WO and twice triggered a certain user.
I am doing a good job!

[_javi_]

Fuck.

Right after I bought $100 worth of btc from $12300 it started to go down.

Observing $11680.

$1000 incoming.  

Just Bitmex Exchange and their shorting games..... never use this exchange it is GOV owned.

Blame Arthur Hayes and his leveraged gambling games.

Bitmex causes most of the "Bart" patterns, with its chained long & short liquidations.

[BitcoinGirl.Club]

r0ach deserved it although for centuries was a r0achey statement 🤪

[realr0ach]

Today I made 2 posts on WO and twice triggered a certain user.  I am a Mexican posting lies on the Bitcoin forum in hopes of becoming slum dog millionaire.

Fixed

[HairyMaclairy]

Fuck.

Right after I bought $100 worth of btc from $12300 it started to go down.

Observing $11680.

$1000 incoming.  

Just Bitmex Exchange and their shorting games..... never use this exchange it is GOV owned.

Blame Arthur Hayes and his leveraged gambling games.

Bitmex causes most of the "Bart" patterns, with its chained long & short liquidations.

Can’t be arsed looking but I am sure Barts were around before Mex existed

[_javi_]

...$600k with a cost of production of $6k post-halving.  ...

How do you know future mining difficult to infere cost of production? Maybe you dont know what is it or how does it work.. No surprise, coming from a gold bug

[mindrust]

What do tradingview gurus call this? Wedge? Looks like I found one. I became a TradingView pleb too.

[realr0ach]

...$600k with a cost of production of $6k post-halving.  ...

How do you know future mining difficult to infere cost of production? Maybe you dont know what is it or how does it work.. No surprise, coming from a gold bug

Because it already uses an enormous amount of power and it's not even really possible for mining to go up like 10x anymore or it would probably use more power than the entire United States.  It's a finite planet.  Do bit-tards really believe mining can expand infinitely or that it would be shocking for Bitcoin to reach peak mining an entire 10 years after release?  

And don't even try the lame "hurrr Bitcoin is powered by 70% renewable energy" lie.  That's due to mining centralizing around two ghost city hydro power dams in China, and China does not have infinite ghost city dams to expand to.  Cost of production post halving will either be $6k-ish, a negligible amount more, or possibly a large amount less if miners are forced to drop out.  It's not possible to artificially rig Bitcoin to any of these astronomical numbers people claim if you can just mine a coin for $6k or less instead.

[HairyMaclairy]

Shitty mobile phone chart

[fillippone]

...$600k with a cost of production of $6k post-halving.  ...

How do you know future mining difficult to infere cost of production? Maybe you dont know what is it or how does it work.. No surprise, coming from a gold bug

Because it already uses an enormous amount of power and it's not even really possible for mining to go up like 10x anymore or it would probably use more power than the entire United States.  It's a finite planet.  Do bit-tards really believe mining can expand infinitely or that it would be shocking for Bitcoin to reach peak mining an entire 10 years after release?  And don't even try the lame "hurrr Bitcoin is powered by 70% renewable energy" lie.  That's due to mining centralizing around two ghost city hydro power dams in China, and China does not have infinite ghost city dams to expand to.

False.
With the power consumption of IDLE devices on the US only , you could power the bitcoin mining industry for 3.6 years



Source: https://insight.jbs.cam.ac.uk/2019/cambridge-bitcoin-electricity-consumption-index-cbeci/

This is a fact, not a mexican scammer bitcoin shilling statement.

It's plenty of energy out there.