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

[HairyMaclairy]

It is well known that Roger Ver bought the Bitcoin twitter account, just like he bought the Bitcoin.com domain

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[HairyMaclairy]

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.

The US$ role as global reserve currency afford the US government certain liberties, such as creating wealth from thin air.  The flipside is you cannot be the global reserve currency without perpetual nominal trade deficits, something that Trump is far too dumb to understand.  

money printing != wealth
So, they print more. How, exactly, it creates wealth?
It's exactly the opposite.
re nominal deficits-there I can agree. You cannot be a world's reserve currency and not run a deficit.

According to classical economics, money printing != wealth on the assumption that money printing = inflation

Now riddle me this.

 When was the last time that the USA had an inflation problem, and how much money has been printed since then?

[JayJuanGee]

Here is a good name for it: WO



This Bitcoin Sex Toy Vibrates More or Less Depending on the Cryptocurrency’s Value

"CamSoda — the porn tech company that brought us teledidonic blowjobs, a pussy eating app and a virtual reality gas mask for smelling someone’s cyber-panties — has created a new novelty gimmick for fans of cryptocurrencies like Bitcoin — a Bitcoin sex toy! It’s a bluetooth remote control vibrator whose pulsations increase or decrease depending on a Bitcoin’s rising or falling market value."

Stamp price ffs.

EXACTAMENTE!!!!!!!

Some peeps are starting to "get it" regarding which exchange should be used for the referenced BTC price.  

Although they are having some "issues" in terms of their inability to focus their lil selfies on KING BIG daddy relevance, which is bitcoin..  They include the ethereum and litecoin shitcoins in their price references.   What the fuck are those coins?  Hardly even heard about them, in these here parts.  

[P_Shep]

Ah, guess that follows. Knew about the website, makes sense twitter too.

It is well known that Roger Ver bought the Bitcoin twitter account, just like he bought the Bitcoin.com domain

Edit: The underhanded wanker.

[Biodom]

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.

The US$ role as global reserve currency afford the US government certain liberties, such as creating wealth from thin air.  The flipside is you cannot be the global reserve currency without perpetual nominal trade deficits, something that Trump is far too dumb to understand.  

money printing != wealth
So, they print more. How, exactly, it creates wealth?
It's exactly the opposite.
re nominal deficits-there I can agree. You cannot be a world's reserve currency and not run a deficit.

According to classical economics, money printing != wealth on the assumption that money printing = inflation

Now riddle me this.

 When was the last time that the USA had an inflation problem, and how much money has been printed since then?

How about right now. It just went to ballooning student loans, healthcare expenses, housing prices, etc.
Inflation calculators/CPI estimates are wrong, it is clear to anyone with an unbiased view.
Does CPI include tariffs? No, but these are real numbers folks are paying.
https://www.forbes.com/sites/perianneboring/2014/02/03/if-you-want-to-know-the-real-rate-of-inflation-dont-bother-with-the-cpi/

[JayJuanGee]

Hey, guys, I am sure there is a book/ebook, maybe two or three on this board (or much more): Bob, jbreher, lambieslayer, JJG, HM, micg, LFC, Searing, sorry if I missed any other candidates willing to share.

Don't let alts take all the glory:
https://www.amazon.com/Confessions-Crypto-Millionaire-Unlikely-Corporate-ebook/dp/B07VBS7Z5K/

Yep... either he is already deluded in the event that he  chose that title himself, or he is a wimpy ass fuck to allow his editor to cause such dumbass amorphous and/or meaningless term, "crypto."  

What the fuck is crypto? (that's a rhetorical question)  

Who knows?   (that's also a rhetorical question)  

[Biodom]

Hey, guys, I am sure there is a book/ebook, maybe two or three on this board (or much more): Bob, jbreher, lambieslayer, JJG, HM, micg, LFC, Searing, sorry if I missed any other candidates willing to share.

Don't let alts take all the glory:
https://www.amazon.com/Confessions-Crypto-Millionaire-Unlikely-Corporate-ebook/dp/B07VBS7Z5K/

Yep... either he is already deluded in the event that he  chose that title himself, or he is a wimpy ass fuck to allow his editor to cause such dumbass amorphous and/or meaningless term, "crypto."  What the fuck is crypto?  Who knows?  

Never wanted to write a book?
I believe many should try and tell their (or some other) story.
I had a lot of fun reading my grandma's and her sister's books.

[JayJuanGee]

Are we going below $10k?

Not a big deal. We it's been two days we are moving up and down.

Current consolidation range still seems to be pretty wide.  In other words, don't get too excited until we break outside of the range, which currently seems to be about $9k-ish  to $12,200-ish.   

[Toxic2040]

Hey heyyyyyyyy

Welcome back man!

Thanks jojo...  I needed that break.  Hope all is going great in your world. Rock on.


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Hrmm...




Seems there is some demand....for ddos.   

[gembitz]

Hey heyyyyyyyy

Welcome back man!

Thanks jojo...  I needed that break.  Hope all is going great in your world. Rock on.


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Hrmm...




Seems there is some demand....for ddos.  

1mb block limit reached :-D LoL

[Toxic2040]

https://satoshinrh.com/

What i'm getting kind of nervous about is the fact that this webpage is currently being built, you can watch the progress. Minutes ago it was a white page with almost no content but a nonfunctional email-subscribe form. This looks authentically unprepared at amateur level. Makes me think.
4pm EDT, so two and a half hours to go.
"Tabula Rasa" sounds a bit frightening, too.

You were saying ?

+1 WOsMerit
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-snip-

Resource Limit Reached
Error 508

This website has exceeded its resource limit and is temporarily unable to service your request. Please try again later.

If you are the owner of the website and are regularly seeing this error, you may read more about it in our Knowledgebase.

+1 WOsMerit
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Amateurs

+1 WOsMerit

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Forgot the what level I was playing on for a sec...   

Well done guys.

[JayJuanGee]

Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet....
But still manage to not do the F***ed Up toilet pic

Don't forget to taste the whiskeys Bro  

I did stopped with it for a second, Maybe in the Winter I Will retry them

Also just noticed you’re recent? Legendary as well??

I've been around since Bitcoin was $90 or so.
Every now and then I check my substantial holdings and read and post a bit

Just checked: Ok I've been here 4 years longer than you  

Yes.  But what did you do in your first 4 years of knowing about BTC.  Did you start buying from the beginning?  Did you have any kind of systematic plan?  Were you confused about it?  Did you sell a bunch and get scared off from the 2014/2015 and even 2016 period of uncertainties?  

Actually, nearly every fucking year, in bitcoin has been entangled with various kinds uncertainties.

Certainly, 2017 wasn't any kind of cake walk until we got really close to the end of 2017 in which that level of BTC price performance surely inspired a whole hell of a lot of BTC confidence, even if 2018 ended up being a decently strong and extended price correction.

Tell us your BTC story... especially your beginnings and maybe even referring to material and significant mistakes that you made.  There are not too many peeps who could get through a decent number of BTC years without at least some mistakes, even the seemingly prudent and practical vapourminer admitted to some BTC management mistakes, even if some of those might have been merely attempting to appease his wife, which is probably not an easy task in itself... ... hahahahaha

[vroom]

https://satoshinrh.com/

What i'm getting kind of nervous about is the fact that this webpage is currently being built, you can watch the progress. Minutes ago it was a white page with almost no content but a nonfunctional email-subscribe form. This looks authentically unprepared at amateur level. Makes me think.
4pm EDT, so two and a half hours to go.
"Tabula Rasa" sounds a bit frightening, too.

Resource Limit Reached
Error 508

This website has exceeded its resource limit and is temporarily unable to service your request. Please try again later.

If you are the owner of the website and are regularly seeing this error, you may read more about it in our Knowledgebase.

Amateurs

real amateurs: https://satoshinrh.com/wp-content/uploads/2019/08/wxr.xml
this site is using https://websitedemos.net/outdoor-adventure-02 as template

directory listing is allowed: https://satoshinrh.com/wp-content/uploads/

this site has uploads starting from 2016.

wordpress plugins in use:

[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Cherry Data Importer : v1.1.2 (TemplateMonster)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Cherry Plugin Wizard : v1.0.0 (Cherry Team)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Cherry Sidebars : v1.1.3 (Zemez)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Cherry Testimonials : v1.1.3 (Zemez)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Contact Form 7 : v5.1.4 (Takayuki Miyoshi)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Easy Twitter Feed Widget : v0.9 (DesignOrbital.com)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Elementor : v2.6.8 (Elementor.com)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Image Hover Effects Ultimate - Captions Hover with Visual Composer Extension : v9.1 (Biplob Adhikari)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] HubSpot All-In-One Marketing - Forms, Popups, Live Chat : v7.8.0 (HubSpot)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] MaxButtons : v7.11 (Max Foundry)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Image optimization service by Optimole : v2.1.1 (Optimole)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Power Builder : v1.3.0 (TemplateMonster)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Responsive Accordion And Collapse : v2.1.1 (wpshopmart)
[14/Aug/2019:20:22:32] (ℹ️): [PLUGIN] Power Builder Integrator : v1.0.14 (Template Monster)

I also found this logo:



what is bitunit?

edit: bitunit is just a wordpress theme

[JayJuanGee]

As long as more and more people realize #bitcoin's decentralized nature and censorship resistant/digital gold properties that make it immune from the errors of central authorities the safe haven narrative will continue to catch on.

https://twitter.com/theonevortex/status/1162895619662368768

Good morning WO,s > +/- 10,170

The truth is that I care very little about the trajectory of gold, but I am surprised how graphics follow the same trend, in different timelines.

While I tend to agree with the text of the tweet, the chart itself is a little misleading. Anybody can compare 2 assets that have both increased in value in the same manner by adjusting the scale and the values on the axis, and show them both starting and ending on the same points. While a rise of 17% for gold may be considered "sharp," bitcoin's rise of 170% is a lot sharper.

Well, yes, it likely takes a whole hell-of-a lot less capital to cause BTC to rise 170% as compared with getting gold to rise 17%, too.

[JSRAW]

Sanctions or no sanctions. BTC is going to help people, when matter most.

IranRescueBit Launches Bitcoin Fundraiser to Aid Flood Victims

A grassroots crowdfunding campaign, dubbed IranRescueBit, is raising bitcoin to bring aid to Iranians impacted by a series of devastating floods, an attempt to bring relief to the country as U.S. sanctions have hindered international aid efforts.

Beginning in March and extending into April of 2019, Iran suffered multiple bouts of catastrophic flooding. Three waves of heavy rains inundated 28 provinces in the Middle Eastern country — roughly two-thirds of the country’s landmass.

Two weeks of unrelenting flash flooding damaged 269 cities and 5,148 villages, displacing nearly 300,000 Iranians, killing 78 and injuring 1,000 more. Alongside the precious cost of human life, the floods inflicted some $2.5 billion in damages.

+1 WOsMerit
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Welcome back Toxic

[JayJuanGee]

In WO there are more bulls than bears, more strong hands than weak ones, but each one sees the market with their perspective, there is no problem, nobody should buy or sell for the comments that are published.

I don't think Lambie or mindrust are bears, they only express their market sensation.

Well I mean if more than one person here is questioning their bullishness and they have to explain to everyone they're bullish not bearish it should mean something right? Cryptotourist guy belongs to the same gang btw

Yeah...,

hahahahahaha

I would like to talk a bunch of negative bullshit about bitcoin and to assign decently high prob abilities to downward correction while explaining that I am an ultimate long term bull...

Get the fuck real.

For example, it seems that if I had some meaningful inclinations that the BTC price was going to go down before it goes up, I could describe my feelings, and it seems that I already have. 

Several weeks ago, I said that I would not be surprised if BTC corrected below $7k, especially after we had peaked at $13,880 in such a short period of time.  I cannot recall anyone with any serious credibility around here questioning my BTC bullishness, and I also felt NO need to assert my long term bullish qualifications.

So, you seem to have a real good point, here, serveria, that if members are actually long term bullish, they should NOT have to jump through a bunch of hoops to explain that... also, I don't really have any problem with some posters who might become overly certain about bear scenarios, but when they start making implications that are in the 80% plus arena or even spouting out their nonsense during periods in which the BTC price is going down sharply, then there is a certain loss of rationality to that, and comes off as either talking your book or becoming too god-damned emotional about the BTC price dynamics situation.

[jojo69]

Hopefully all this reveal stuff makes for a huge pump in SV

(disclaimer, I just recently discovered my trove of shit vision on Coinbase)

[makrospex]

"Real Satoshis" Site is online. I read the first post, which is mainly about hal finney and bcci.
Origin of Nickname and "Bitcoin" seems plausible.

Let's wait another 24 hours, i wanna see more before i can judge in any way.

[HairyMaclairy]

"Real Satoshis" Site is online. I read the first post, which is mainly about hal finney and bcci.
Origin of Nickname and "Bitcoin" seems plausible.

Let's wait another 24 hours, i wanna see more before i can judge in any way.

No need to wait.  

https://twitter.com/fluffypony/status/1163185816237150208?s=21

This shit is hilarious





Shitcoiners gonna shitcoin

[xhomerx10]

Still Sunday somewhere
but I aint got not merit
bragging rights only