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

[infofront]

Here's a snippet of one of the wonderful and valuable exchanges from yesterday's congressional Libra hearings:



https://twitter.com/tomselliott/status/1187033479395061761

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[infofront]

Organ harvesting of non-coiners is cool with me, as long as the harvesters accept bitcoin.

[LFC_Bitcoin]

Organ harvesting of non-coiners is cool with me, as long as the harvesters accept bitcoin.

When we’re rich we can all gather & pay NOCOINERS to fight to the death at some kind of secret venue.

Last man standing gets 0.01BTC, a fantastic steak, wine & gets to party with the illustrious COINERS.

[LUCKMCFLY]

New highs are seen in the Bitcoin Hash.

Bitcoin hash rate continues to make new highs despite the weaker market

Consuming ~3x+ more electricity than when BTC peaked in Q4 2017 - ~80 TWh annually

Marginal production cost of 1 BTC excluding hardware ~$5,260 currently  & will double next yr post halving...

Source:@skew_markets

[makrospex]

Looks like the zucky boy sports a Caesar hairpiece.

Maybe he just got his haircut prepared for the head side of a minted version of libra for advertising?

[realr0ach]

When we’re rich

[MFahad]

Quantum thingy....

"Our machine performed the target computation in 200 seconds, and from measurements in our experiment we determined that it would take the world's fastest supercomputer 10,000 years to produce a similar output," Google researchers said

All lies. It's just modern propaganda to scare the masses. There is no such thing as QC.

Why Bitcoin holders are too much nervous ..

You tell them anything and they start dumping  

[LFC_Bitcoin]

When we’re rich

Just so you know if I sold my bitcoin’s & spent all the fiat on silver (looking at the price of around 1kg = £500) I’d probably fill a couple of large cargo trucks.

[realr0ach]

Cameron Winklevoss:

”The fact that the price of bitcoin isn't surging today illustrates just how early and misunderstood this asset is.“

If Facebook is really a DARPA/CIA project called Lifelog designed to try and surveil the lives of everyone on the planet, and the Winklevoss were involved in that, and now the Winklevoss are also involved in Bitcoin...a 'blockchain' surveillance system designed to...surveil the lives on everyone on the planet, maybe using anything the Winklevoss are involved in is not such a great idea.  Also not a good sign Winklevoss went to Harvard and Gavin went to Princeton when the CIA attempts to recruit moles mostly from Ivy league schools.

[Searing]

the price dropped a lot and you know what that means? it's time for analysts to come in to make their predictions

Joel Birch:

“I do believe that Bitcoin eventually will exceed $20,000, and I think that any price below $8,000 is a good price to buy.”

Cameron Winklevoss:

”The fact that the price of bitcoin isn't surging today illustrates just how early and misunderstood this asset is.“

if the price were $100,000 and dropped to $90,000 they would be complaining because it fell

My 'comfort' point is $11,111.12 (you can figure out my BTC stash using MATH from this).

Whales don't have this problem, they hit their comfort level when Bitcoin was in the 100's of dollars.

Thus they can play this market like a flute! Also 'Miner Capitalization' is in full force now as well, for ANY ASIC, BTC or Altcoins. It is a frigging rout!

Don't forget this little bit of treachery. Why we will likely, IMHO, never get an ETF. The "powers that be" want Bitcoin Futures to keep the market unstable, IMHO, and

keep 'legit' Institutional Investors out' of Bitcoin. This works well to do so. See link:

https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says

Just saying, we still may be in for a long haul on price coming back to $10,000 USD. I hope I'm dead wrong!

Brad

[realr0ach]

Just so you know if I sold my bitcoin’s & spent all the fiat on silver (looking at the price of around 1kg = £500) I’d probably fill a couple of large cargo trucks.

You can fit a million dollars of silver in a small broom closet stacked to the ceiling, so if you could buy "several cargo trucks" of silver you would be stupidly rich already.  You probably also can't even find several cargo trucks of silver for sale.  Not even from the Crimex.  If they're forwarding all these EFP contracts to London, do they even have ANY physical silver at all???  Probably already in a state of technical default.

[markj113]

Just so you know if I sold my bitcoin’s & spent all the fiat on silver (looking at the price of around 1kg = £500) I’d probably fill a couple of large cargo trucks.

Seen as your quoting £'s silver isnt the best investment in the UK due to VAT applied.

Try gold, at about £38k a kg you wont have the same cargo truck issues lol.

[realr0ach]

^As I said, even if you're Warren Buffet you probably couldn't find "several cargo trucks" of silver for sale.  You're going to see a lot of people who thought they were rich swimming naked in the future with absolutely nothing to their name.

[modpleasehelp]

So, i want to make a warning here:

from the today analysis of charting pattern im saying we will see 3k again. In 5 hour from now BTC will fall below the 7400 range in the way of 4-3k range. I am professional trader here and you can reach me anytime here on DM.

From here we can see a rise within 6-8 month or 2021 LATEST from the BTC fallout. 3k can sustain for many month again.

[realr0ach]

Also for the 'space mining' retards that claim metals are somehow going to be valueless even though the cost to mine them in space would be astronomical, kind of interesting this site lists silver as rarer than gold in the universe.  I've seen people claim the earth is somehow an outlier that contains an abnormally high amount of silver compared to some other precious metals in relation to the universe at large, but I suspect it's also possible earth is not an outlier and the silver is just located closer to the surface due to being lighter so we deplete all of it first, while there's still a lot more gold to be found deeper.

https://periodictable.com/Properties/A/UniverseAbundance.html

[Paashaas]

What about harvesting human organs from those people.. Of course the world doesn't dare complaining to the CCP because of economic reasons.



https://www.haaretz.com/world-news/.premium.MAGAZINE-a-million-people-are-jailed-at-china-s-gulags-i-escaped-here-s-what-goes-on-inside-1.7994216

OR, they are holding and reeducating muslim terrorists and potential terrorists to safeguard the people.
Unlike the western democracies who cuddle them and let them in to their countries so they can commit terrorist acts against us.

China wants to cleanse the whole Xinjiang region from ethnic minorities and replacing them with Han Chinese by committing barbaric atrocities.

I don't see France ore England rounding up muslims just to prevent terror attacks.

You should read the entire article to get a beter view of the situation.

[realr0ach]

China wants to cleanse the whole region from ethnic minorities and replacing them with Han Chinese

Perhaps they figured out there's no such thing as "multiculturalism".  Either the minority group integrates into society and becomes mostly non-existent and invisble, or the minority group is incapable of integration and results in a constant source of problems and conflict against the majority group.  Maybe China figured out they have minority groups that are incapable of integration (much like America), and are doing the only pragmatic solution possible.  

Most people tend to solve this problem by carving out a space of their country and sending the incompatible minority groups all there, something akin to the India/Pakistan split.  But if the other group is large and hostile, that doesn't work out so well, such as the case of...India and Pakistan.  China probably doesn't have a lot of spare land laying around, but I imagine they have enough to send these people to the far corner of the kingdom and telling them to stay there.

[OROBTC]

...

r0ach points (505920, last page) to a very interesting website for anyone interested in materials and related sciences.  

There are big differences between the relative abundances of many of the heavier metals in the Earth's crustal rocks and those in the universe as a whole.  In general, the heavier metals to a great degree may have sunk towards the Earth's core early on, perhaps that might explain why it seems strange that heavier metals, even in the same columns of the Periodic Chart, are more abundant than lighter ones (Ag more common than Au, Ir vs. Rh, etc.).  Iridium is extremely scarce (the second rarest element) on Earth's surface.

Worthless but perhaps interesting trivia: Hassium (Hs, element 108, only a synthetic metal with an extremely short half-life) apparently has a density of 40 times that of water.  The heaviest of the stable elements is Osmium clocking in at about 22.

[above posted to help keep anyone who is close to despair over low BTC price and needs something different today]    

[modpleasehelp]

I hope much more not to drop below 6K after the halvening right?

I would have to think that would be a legitimate, Ghostbusters "dogs and cats. living together. mass hysteria !" scenario, if we ever came close to $6k USD/BTC post-halvening, but what do I know.

.


of course more drop will come. btc is over and 3k is comeing

[El duderino_]

comeing

?? What is this thing you speak of ??