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

[Biodom]

4 is round.  

]

4 is not round. 4 has a dick face.

Wealth disparity is not the worst thing...historical forces that typically remove the disparity are much more disagreeable.
I am reading a book that systematically looked at what reduces inequality..and turns out only major wars and deadly pandemics (plaque in medieval Europe) were able to temporarily reduce inequality.

All societies "naturally'" trend toward increasing inequality in relatively peaceful conditions (over centuries).

You seem to be indicating the mass pandemics / disasters that make the wealthy less wealthy and taking that as some kind of an equalizing force. The truth is, the real disparity between the rich and poor keeps on increasing. At least that was the case until the industrial age kicked in.

And now only thanks to the advent of internet and perhaps to some degrees, cryptos, the wealth that was accumulated by the rich for eons, has trickled down to the economically weaker sections of the population.

As far as I know, there are very few instances where the poor are given a solid way to claw out of poverty.

er...read the book (it looked over many centuries).
It does not give an answer to what is right and what is wrong and/or what is preferable and what it not.
It simply described what happened and when.
To your first statement: No, the disparity does not steadily increase. It increased for a few centuries, correct, then decreased from 1930-1940 (following WWI/WWII combo, separated by just 20 years) until 1975-1980, then steadily increased again until now.
To your second statement: yes, there not many instances where the poor move several strata in one generation.
https://www.amazon.com/Great-Leveler-Walter-Scheidel/dp/0691192677/ref=sr_1_2?keywords=the+great+leveler

[d_eddie]

peak, lower volume
decay, gently downsloping...
debart? A clear fake.

#haiku

[jojo69]

Were you born with a silver spoon in your mouth sir?

lol

hardly

[legendster]

Were you born with a silver spoon in your mouth sir?

lol

hardly

lol was it hardly stuffed in ? 

er...read the book (it looked over many centuries).
It does not give an answer to what is right and what is wrong and/or what is preferable and what it not.
It simply described what happened and when.
To your first statement: No, the disparity does not steadily increase. It increased for a few centuries, correct, then decreased between 1930-1940 (following WWI/WWII combo, separated by just 20 years) until 1975-1980, then steadily increased again until now.
To your second statement: yes, there not many instances where the poor move several strata in one generation.
https://www.amazon.com/Great-Leveler-Walter-Scheidel/dp/0691192677/ref=sr_1_2?keywords=the+great+leveler

Thanks I'll buy it by the end of the month. Ain't got spare cash to swat a fly atm.

Unless there's an online free / pdf / bootleg version of it somewhere, then you can let me know.

But let's not forget, its just one book from one author - and it is socio-economics, something that is very hard to predict, even when using past data as example.

Think of what happened during the black plague. I remember reading some charts about the economic impact it had on the wealthy vs poor, if I find it I'll stick it here.

[Biodom]

Were you born with a silver spoon in your mouth sir?

lol

hardly

lol was it hardly stuffed in ? 

er...read the book (it looked over many centuries).
It does not give an answer to what is right and what is wrong and/or what is preferable and what it not.
It simply described what happened and when.
To your first statement: No, the disparity does not steadily increase. It increased for a few centuries, correct, then decreased between 1930-1940 (following WWI/WWII combo, separated by just 20 years) until 1975-1980, then steadily increased again until now.
To your second statement: yes, there not many instances where the poor move several strata in one generation.
https://www.amazon.com/Great-Leveler-Walter-Scheidel/dp/0691192677/ref=sr_1_2?keywords=the+great+leveler

Thanks I'll buy it by the end of the month. Ain't got spare cash to swat a fly atm.

Unless there's an online free / pdf / bootleg version of it somewhere, then you can let me know.

But let's not forget, its just one book from one author - and it is socio-economics, something that is very hard to predict, even when using past data as example.

Think of what happened during the black plague. I remember reading some charts about the economic impact it had on the wealthy vs poor, if I find it I'll stick it here.

Good example...in the aftermath real wages apparently increased at least twofold and inequality decreased.
Albeit, many millions died as the result of that disease.
Hence, going forward, it is reasonable to predict that nobody would like it if some historical factors would temporarily "solve" the inequality.

[d_eddie]

Even if I weren't dry, it usually feels kind of wasteful to spend merit on legendary members. However, sometimes...

TERA got a lot right, and was shamefully treated for it.

Word. I wasn't the hardest hitting guy, yet still regret doing it.

avatar-sized

 

Wealth disparity is not the worst thing...historical forces that typically remove the disparity are much more disagreeable.
I am reading a book that systematically looked at what reduces inequality..and turns out only major wars and deadly pandemics (plaque in medieval Europe) were able to temporarily reduce inequality.

No, the disparity does not steadily increase. It increased for a few centuries, correct, then decreased from 1930-1940 (following WWI/WWII combo, separated by just 20 years) until 1975-1980, then steadily increased again until now.
To your second statement: yes, there not many instances where the poor move several strata in one generation.
https://www.amazon.com/Great-Leveler-Walter-Scheidel/dp/0691192677/ref=sr_1_2?keywords=the+great+leveler

Please have WOsMerits instead, gents. +1 each.

I am done even entertaining anyone on the left. You, and people like you, do not understand human psychology or economics. You are worthless.

If you have an argument then make it. You have as yet not done so. There is no argument to win.

Shht. Not at bed yet? The grown ups are having a quiet talk. Tut tut.

You're good when you stick to the facts happening around you. I, for one, actually appreciated your contribution about the bank - and had to remind myself about the intended use of Smerit before spending my last one on you  

[JayJuanGee]

4 is round.  

4 is not round. 4 has a dick face.

If 4 is not round, at least it is nice.... getting back to the original quote from nutildah asserting that 5 is rounder and nicer than 4.  I have issues with that conclusory assertion:

>>>>> Upping the prize to 5 Merits just because its a nice round number<<<<<<<

In other words, nutildah intentionally and purposefully giving 4 a bum rap.... resulting in favoritism to his lil butt buddy, 5.  

[Krubster]

Communism on the rise?  No - see China and the former Soviet states.

Totalitarianism, yes - lurching that way - but it is appearing in the form of nationalism and as far as I can see it seems to be coming more from the right wing than the left in the West.

We know you are a leftie so your opinion carries no weight. But for general information, culture always moves from right to left over time. Nationalism is a right wing thing. It is on the decline, and has been for decades. Multiculturalism is the opposite of nationalism.

So your prejudice about me wins the argument?  And who is this 'we' you speak for?

I am a capitalist and generally libertarian actually, but no matter. However, just because I am not as jackbooted as you does not make my opinion of no value. I was attacking your sloppy and farcical arguments, not you. You, I pity.

If you think nationalism is in decline you are plainly deluded.  America first?  Brexit?  AFD in Germany?  Ergogan in Turkey... Poland's Law and Justice party... Orban in Hungary....  Seriously?  The liberal consensus of the post-war West is in decline, not nationalism.  Everyone printing money, 'strong men' in politics with idealistic simplistic solutions often involving stretching the truth..?  Sounds more like a reversion to the politics of the 1930s to me. 

And if you are leaving the West because of communism, as you advocate everyone should - do remember to shut the door behind you on your way out?

Back on ignore.

I am done even entertaining anyone on the left. You, and people like you, do not understand human psychology or economics. You are worthless.

If you have an argument then make it. You have as yet not done so. There is no argument to win.

Kurious has solid arguments. You on the other hand, are merely ranting.

[JayJuanGee]

TERA got a lot right, and was shamefully treated for it.

Word. I wasn't the hardest hitting guy, yet still regret doing it.

No regrets here.  She  deserved every bit, if not more, of any bashing that she received.    That's how dee interwebs work.   

[LFC_Bitcoin]

TERA got a lot right, and was shamefully treated for it.

Word. I wasn't the hardest hitting guy, yet still regret doing it.

No regrets here.  She  deserved every bit, if not more, of any bashing that she received.    That's how dee interwebs work.   

I don’t think she was that much of a messiah. She basically just correctly called that we’d have a big correction when it was going parabolic. That’s what’s happened every time with bitcoin during each cycle. It’s not hard to presume it’ll go down eventually once it begins to look unsustainable.

If I remember correctly she called a $5,000 - $6,000 bottom which when you look at %’s was miles off because we went to low $3,000’s.

[HairyMaclairy]

That’s a really big sneeze

[bluebits]

Correct Tera calls:

2013 Pump and top
2013 Crash and bull trap to 700
2013 Bleed out

Predicted wave to 20k back in 2013

Said that new US exchanges would fuel a new run before the 2017 parabola started

2017 Called multiple crashes as temporary corrections
2017 Called for longs on Bcash (before its wild pump, sold at .5 like me)
2017 Picked the ETH ratio bottom
2017 Played Doge coin perfect
2017 Called the top within a few % (sold at 18.8k)

Called the bounce to 17k as the worst time to buy, last chance suckers entry
Predicted a fall to 5-8k followed by a 100% bounce to 12k
Followed by a new fall to 5.5 and then a bounce to 10
Called for a supercycle low of probably 3k


The only area he was unsure about was the longer term: if a supercycle 4.0 would hit and push it to a new ATH. I am calling bubble 4.0 as topped out at 14k and a new bear market has now begun. Long term the odds have dramatically increased for 20k to remain as the forever ATH.

[Fatman3001]

Damn!
Real life got me in the wrong moment!

EDIT:
I swear I saw  serveria.com message as the winner.

Yes me too.

Someone has deleted posts, this is not serious, gentlemen.

Remember page 10000?

That was some serious deletion jockeying.

Damn dude, you're on the 10k page!!! I was posting like a mofo to stay on the 10k page.

Blablabla

you just angry because you were shorting and price didnt drop a bit   

LOL You can't blame him for lashing out in frustration when his trolling doesn't work.

Ok, I see the first post on the page is an NLC post. I guess that explains the deletion thingy.

I was sure adamstgBit was involved.

[bitserve]

This is getting boring.

Only a couple weeks to Q4 and still over $10K though. The only thing I would not expect at all is the price to keep sideways for too much longer.

Anyway... this is (still) fine.

[JayJuanGee]

TERA got a lot right, and was shamefully treated for it.

Word. I wasn't the hardest hitting guy, yet still regret doing it.

No regrets here.  She  deserved every bit, if not more, of any bashing that she received.    That's how dee interwebs work.   

I don’t think she was that much of a messiah. She basically just correctly called that we’d have a big correction when it was going parabolic. That’s what’s happened every time with bitcoin during each cycle. It’s not hard to presume it’ll go down eventually once it begins to look unsustainable.

If I remember correctly she called a $5,000 - $6,000 bottom which when you look at %’s was miles off because we went to low $3,000’s.

Yeah, and she also started calling blow off top from $3k and upwards, so yeah, sooner or later she was going to be 100% correct. 

It should be a bit difficult to be impressed by such braggarts, but seems that guys (and maybe even a gal or two) just love wannabe sorcerers who use charts.

[JayJuanGee]

Correct Tera calls:

2013 Pump and top
2013 Crash and bull trap to 700
2013 Bleed out

Predicted wave to 20k back in 2013

Said that new US exchanges would fuel a new run before the 2017 parabola started

2017 Called multiple crashes as temporary corrections
2017 Called for longs on Bcash (before its wild pump, sold at .5 like me)
2017 Picked the ETH ratio bottom
2017 Played Doge coin perfect
2017 Called the top within a few % (sold at 18.8k)

Called the bounce to 17k as the worst time to buy, last chance suckers entry
Predicted a fall to 5-8k followed by a 100% bounce to 12k
Followed by a new fall to 5.5 and then a bounce to 10
Called for a supercycle low of probably 3k


The only area he was unsure about was the longer term: if a supercycle 4.0 would hit and push it to a new ATH. I am calling bubble 4.0 as topped out at 14k and a new bear market has now begun. Long term the odds have dramatically increased for 20k to remain as the forever ATH.

Who fucking gives a ratt's ass about supposed calls from two years ago... You hoping she comes back to tell us something that we don't already know, as she knows about the future?  Get fucking real.  There is no need to be praising such.   If you have your own predictions, observations or stories, then tell them, we don't need another person telling us what shelby says, because we doesn't care none.

[JayJuanGee]

This is getting boring.

Only a couple weeks to Q4 and still over $10K though. The only thing I would not expect at all is the price to keep sideways for too much longer.

Anyway... this is (still) fine.

Fine does not equal boring


and


Boring does not equal fine




Not in bitcoinlandia.


Get a grip, or I am sending batman out.         

[bluebits]

*forgot a prediction*

2017 JJG will hodl and have 1/5 the coins he could have had if he listened

[HairyMaclairy]

Your timing is amusing bluebits

[Fatman3001]

This is getting boring.

Only a couple weeks to Q4 and still over $10K though. The only thing I would not expect at all is the price to keep sideways for too much longer.

Anyway... this is (still) fine.

Fine does not equal boring


and


Boring does not equal fine




Not in bitcoinlandia.


Get a grip, or I am sending batman out.         

There was no claim of a necessary relationship between the two. Just that the two occurred at the same time.
For someone so fond of writing you're quite shit at reading.

On a different note. Nice to see you're working on that brevity thing. Could still cull some dead space though.