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

[alevlaslo]

altcoins will sleep another year on the flat, and bitcoin is now growing will continue

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[El duderino_]

At first i thought you quoted me    it's easy to miss out cuz of many posts in this thread.
But i gave you a merit anyway! Nice charts!

Damn f*** I missed a page and double post it, my excuses bro 

[STT]

Singapore imports 90%+ of it's food.  

It might be a vulnerability but its not a one off, alot of the world is relying on global trade now and this allows greater specialisation.    I believe agriculture is greatly undervalued presently, its a growth industry.   Kinda amazing but thats what makes sense in their developed economy.   I hope comparative advantage is still a positive, I wouldn't want to be a technology fan and live without it because I wont get half the things I like.  

The United States of America is home to 4% of world's population and home to 25% of the world's PRISON population. The US is the most totalitarian state nowadays!

China is stupid extreme, 99.9% of convictions are found guilty, it is not a free and just society in the slightest,

Theres an argument for failings in every country, the biggest problem in China is lack of freedom of speech.   We cant know the full picture, I dont live there and I dont have relatives living there but from what I can make out over the years its not a place I want to end up really.    It might be fine for most of the time but I'd be scared of the lack of oversight that a free press gives, this cant be played down.    Freedom of the press is a vital adjustment in every country to all kinds of failings that occur regularly.


The point of USA having the largest prison population percentage is I believe its linked to large debt.   Theres a danger that imprisonment monetizes each unit detained so that now its worth while keeping that person in prison, theres an economy set in motion by this politics of law enforcement.   Of course crime has to be controlled but also money so freely available to me explains why is such a large % of population detained is so far ahead of every other country.    
      This is a false economy as clearly someone not working requiring great security 24/7 is a massive cost to society but combined with massive fiscal debt it could be disguised and encouraged even.    I'd like to hear this has been investigated and at least weighed as a probable influence in extended terms.    Overall I believe the massive debt built up is causing many bubbles and distortions in the economy, in society that are not profitable  and damage the country even.
I relate it to this https://www.investopedia.com/ask/answers/08/broken-window-fallacy.asp

https://www.nbcnews.com/news/us-news/alabama-man-spent-36-years-behind-bars-after-stealing-50-n1048266
This is a story I read too often, I know people can do stupid things when their young especially and some of my friends are gone and passed in their 20's because of such stupidity but I still dont see the point of 35 years detained.


BTC remains low and below previous range of peak pricing,  I'd like to see it make a run at 50 day average and we can measure its strength better by that reaction.

[becoin]

This is what happens to political dissidents in prc:

the biggest problem in China is lack of freedom of speech.

The most famous political dissidents and political prisoners of our time are not in China. The most famous political dissidents and political prisoners of our time are Julian Paul Assange and Edward Joseph Snowden. Why is the regime in Washington trying to kill them if they do care about freedom of speech?

[fillippone]

GM WO Gang!
Observing BTC@9,610.

After the gold reserve-bitcoin fuck.p I started following this account on twitter, and came with a definitely better one today:

When is the best time to buy bitcoin? The time when you still have a choice.

https://twitter.com/rhythmtrader/status/1167964490941390848?s=21

[kurious]

This is what happens to political dissidents in prc:

the biggest problem in China is lack of freedom of speech.

The most famous political dissidents and political prisoners of our time are not in China. The most famous political dissidents and political prisoners of our time are Julian Paul Assange and Edward Joseph Snowden. Why is the regime in Washington trying to kill them if they do care about freedom of speech?

They are 'most famous' because of freedom of speech.

Additionally: 'Trying to kill them'?  Heavy handed prosecution is distasteful, yes - but I haven't seen any execution attempts - this seems a false assertion.

[El duderino_]

#Bitcoin is extremely healthy right now:

-Surpassed $100b realized market cap
-Mining revenue surpassing $14b
-Mining Hashpower hitting new ATHs

Source: @coinmetrics

https://twitter.com/theonevortex/status/1167923531725733890?s=21

[fillippone]

8 months to the halving:
All looks good!

#Bitcoin Halving .. 8 months to go

https://twitter.com/100trillionusd/status/1168101598712795141?s=21

[LFC_Bitcoin]

8 months to the halving:
All looks good!

#Bitcoin Halving .. 8 months to go

https://twitter.com/100trillionusd/status/1168101598712795141?s=21

I’m locked & loaded, ready & waiting.

I hope you gentlemen are ready to be richer than your wildest dreams. 2021 we BANG

[becoin]

but I haven't seen any execution attempts

You haven't seen because there is no freedom of speech. What did happen to Assange when he exposed not only execution attempts but real executions?

In the land of the free you're free to be homeless and unemployed. You're free to talk whatever you want if nobody is listening to you. As soon as you apply logic and facts and gather some crowd around that is listening you're accused of using hate speech. To ask questions and be critical is already a synonym of hate speech. Your Visa and Mastercard are blocked, your Facebook, Youtube and Twitter accounts removed. Would be interesting to see what Alex Jones has to say about freedom of speech and freedom of press? This is not a democracy, this is a pure blend of hypocrisy!

It is amusing to see how brainwashed people react to reality, but lets not use this forum for political arguments. Lets stick to bitcoin!

[Negotiation]

#Bitcoin is extremely healthy right now:

-Surpassed $100b realized market cap
-Mining revenue surpassing $14b
-Mining Hashpower hitting new ATHs

Source: @coinmetrics

https://twitter.com/theonevortex/status/1167923531725733890?s=21

Edited

Highly increasing bitcoin volume just 1 year 1/1/2017 to 1/1/2018 Bitcoin passed the diamond time.

Source: https://twitter.com/theonevortex/status/1167923531725733890/photo/1

[Negotiation]

Texas Mass Shooting: At Least 5 Dead, Over 21 Injured, Suspect Killed

At least five people were killed and 21 others were injured in shootings near Midland and Odessa on Saturday before the alleged shooter was shot and killed at Cinergy Cinemas in Odessa, police said.

According to officials, the shooting started in Midland and then proceeded to Odessa. In a news conference Saturday afternoon, Chief Michael Gerke of the Odessa Police Department said the shooting began around 3 p.m. after a traffic stop.

Source: https://themindunleashed.com/2019/08/texas-mass-shooting-5-dead-21-injured.html

news very bad world effected The same thing is happening again and again.

[DaRude]

but I haven't seen any execution attempts

You haven't seen because there is no freedom of speech. What did happen to Assange when he exposed not only execution attempts but real executions?

In the land of the free you're free to be homeless and unemployed. You're free to talk whatever you want if nobody is listening to you. As soon as you apply logic and facts and gather some crowd around that is listening you're accused of using hate speech. To ask questions and be critical is already a synonym of hate speech. Your Visa and Mastercard are blocked, your Facebook, Youtube and Twitter accounts removed. Would be interesting to see what Alex Jones has to say about freedom of speech and freedom of press? This is not a democracy, this is a pure blend of hypocrisy!

It is amusing to see how brainwashed people react to reality, but lets not use this forum for political arguments. Lets stick to bitcoin!

WTF did roach get to you or you trolling? Even with all that i still miss the part where China is somehow better?? They do the same shit *100. Social scores, religious camps, missing prisoners and soon to be without fiat (replaced by cryptoCNY)

[Heater]

<snip>

Yes, i see BTC as the digital gold. Maybe all future e-currencies are valued against Bitcoin, why not?
Most people in my environment are dumb, they call BTC a hoax. My brother in law wanted to invest in Bitcoin when it was around $350, and his father talked him out of it, into some kind of fund-based asset (i don't know the english term for this). He called his father an idiot in 2017, of course, but the latter still thinks he was right. This is the second "nearly"-coiner i knew to date. The other one had Bitcoins, but only for Silkroad and the likes. He never held them longer than for some weeks.
When you even talk about Bitcoin here, you are suspect to criminal activity, money laundering or you are seen as a moron who wants to lose all his money. They think it's child play, regardless what the facts are, they always know better. This is normality where i live, i am the megageek. I'm skateboarding at age 40+, i'm living on passive income, so i got that "strange freak that does not go to work" image and most people are intimidated by my presence, excluding very few, close friends and family members.
My mother and my wife are the only persons that know that i got the corn. The average IQ in my neighborhood can't be much more than a weak 90 at max.
A guy like RealRoach would be a respected mayor candidate of the town i'm living in. Time went on, in other parts of my country, not so much where i made myself a home  

I really would like to know where you are living bro.... Can you give us a hint?

[fillippone]

WO / Aug update - 2019

The holidays are over, now the battle is coming until the end of the year.

It does feel a little quiet in here these days. It looks like the summer vacation trend supersedes the price-comment correlation.

Observing Price
Observing WO
Observing desert beaches because a little of overcast:


Fillippone does commits to the BTC!

[becoin]

Even with all that i still miss the part where China is somehow better??

Yes, it is already better! Facts are stubborn things, right?

The "totalitarian communist regime" in China is advocating for open borders and free trade. The "beacon of democracy and leader of the free world" USA (aka United Sanctions of America) is imposing tariffs, sanctioning everybody they can think of, building walls, and bombing independent nations (too weak to retaliate) into the Stone Age just because they don't share their cowboy values. The "totalitarian communist regime" in China pulled 1 billion citizens out of poverty and created massive middle class during the last 20 years. The "land of the free" during this same time successfully killed big chunk of their middle class and created the biggest income gap between the rich and the poor the world has ever seen.

[machasm]

Even with all that i still miss the part where China is somehow better??

Yes, it is already better! Facts are stubborn things, right?

The "totalitarian communist regime" in China is advocating for open borders and free trade. The "beacon of democracy and leader of the free world" USA (aka United Sanctions of America) is imposing tariffs, sanctioning everybody they can think of, building walls, and bombing independent nations (too weak to retaliate) into the Stone Age just because they don't share their cowboy values. The "totalitarian communist regime" in China pulled 1 billion citizens out of poverty and created massive middle class during the last 20 years. The "land of the free" during this same time successfully killed big chunk of their middle class and created the biggest income gap between the rich and the poor the world has ever seen.

Dude, you just said not to use this thread for a political rant and then go on to do exactly that.
Anymore of it and I will be adding you to my ignore list.

[btcbeliever]

Even with all that i still miss the part where China is somehow better??

Yes, it is already better! Facts are stubborn things, right?

The "totalitarian communist regime" in China is advocating for open borders and free trade. The "beacon of democracy and leader of the free world" USA (aka United Sanctions of America) is imposing tariffs, sanctioning everybody they can think of, building walls, and bombing independent nations (too weak to retaliate) into the Stone Age just because they don't share their cowboy values. The "totalitarian communist regime" in China pulled 1 billion citizens out of poverty and created massive middle class during the last 20 years. The "land of the free" during this same time successfully killed big chunk of their middle class and created the biggest income gap between the rich and the poor the world has ever seen.

Becoin, do you choose to ignore this satanic injustice of communist Chinese?

https://www.infowars.com/five-pieces-of-indisputable-evidence-of-forced-organ-harvesting-of-falun-gong-practitioners-in-china/

[sirazimuth]

squabbling over politics in the wo??!  ...say it ain't so!

[becoin]

Anymore of it and I will be adding you to my ignore list.

Huh, must be a very special ignore list?