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

[El duderino_]

I do like this background

[realr0ach]

Another part of Nick Szabo's 'shtick' is claiming that gold is not a resource at all and it is/was only valued as a "trinket".  If we expand upon these Szabo statements further to their logical conclusion, you would NOT end up with Bitcoin as the holy grail of value for the monetary system, you would arrive at something that functions as the most important resource possible while still maintaining all the required monetary characteristics like fungibility, portability, etc, since he claims to have a disdain for things that don't function as resources and are merely "trinkets".

So using Nick Szabo's own logic that being a resource is important and gold is admittedly lacking in that regard (but it still obviously is a resource unlike what he claims), you would arrive at the conclusion that something like silver should dwarf the market cap and monetary importance of gold, with Bitcoin being completely inferior to both.  Nick Szabo seems to have some tenuous ties with the government and probably only exists in the Bitcoin space to try and funnel people into a cashless society slavery system and away from physical metals.

[El duderino_]

r0ach keep marching in his war.....

r0ach against the WO-thread, r0ach against the world, r0ach against everything....

Later on mom kicks on the basement floor, be quiet down there retard, go to sleep, get a job do something with your live... Maybe buy some BTC's what I just hear about, it seems to be something amazing.....

End of the day always the same, troll=triggered

[JayJuanGee]

October ends in a day and a half and it doesn't look like we are going to reach $16k any time soon. (by soon I mean in a week) Maybe it will be different in November. We may try 8k one more time. Hopefully this will be the last time.

My feeling (of course, bitcoin is unpredictable, so I may be wrong) is that November will be no different and we will not see 5 figures any time soon (not this year, at least, not for a significant amount of time, short spikes are possible). The sudden spike on 26th was very impressive, but bitcoin failed to break out of downward channel, so I presume that it continues. I hope it will bounce up somewhere in $6500 to $5800 region...

Hahahahaha

There are always folks wanting to predict down (or is it down before up?) in a bull market.

Go figuring ur lil selfies!!!!!!

 

[realr0ach]

r0ach keep marching in his war.....

r0ach against the WO-thread, r0ach against the world, r0ach against everything....

[El duderino_]

^^
I'll always predict up, the bump and dump and all of the noise in-between is just the road we have to ride on.

[Dabs]

He's always talking about imaginary valueless timestamps. It's already been said that timestamps are very very cheap, like thousands per 1 cent or something. But then he refers to Bitcoin as if it's all about being a timestamp, when the timestamp is inaccurate by up to 2 hours.

I mean, people value physical analog watches that run on gears which are inaccurate at keeping time compared to digital quartz watches, so there's something. (I'd argue those expensive watches are jewelry though.)

[realr0ach]

Look at these Jewish, slime faggots at the ESF. Right at the VERY SECOND of the federal reserve announcement they try to implode both gold and silver (or a bullshit JP Morgan shakeout rigging before it inevitably goes higher due to ZIRP).  Either way, it's organized crime Jewry.  You see the same retarded shit 24/7 for every single Bitcoin movement like they're running exactly identical strategies and bot scripts for each market.  

These stupid shakeouts are almost entirely pointless but they ALWAYS do them anyway, which is why you can tell it's the exact same kike idiots at the TBTF banks and ESF controlling both markets.  Except the Shlomos are always trying to rig Bitcoin up instead of down to try and fool stupid goyim to adopt a cashless society slavery system and away from metals.

[wwzsocki]

...is just the road we have to ride on.

Watch out BTC riders very bumpy road ahead 

[El duderino_]

Cost of Living 1971



https://twitter.com/historylvrsclub/status/1189431739812372481?s=20

[Ludwig Von]

r0ach keep marching in his war.....

r0ach against the WO-thread, r0ach against the world, r0ach against everything....

The resemblence is touching ROach! ( You certainly know better than us how that ended... .)  

They took a rib out of his corpse, froze it and sent it to Dr Mengele who created Roach out of it! Even better than God! 

[realr0ach]

Cost of Living 1971

Shows you inflation is not a flat metric.  Housing up around 8x or more while beef up around 5-6x, bread up an enormous 12-16x, milk 3-4x, income up 4x, gas 6-7x, cars 6-7x.  So everything is drastically more expensive compared to income level.  The real shocker is tuition up 18x.  Jews like Larry Summers took control of educational institutions like Harvard then lobbied congress to subsidize student loans so that anyone can get a loan with zero collateral driving prices to the moon.  

If you needed to post collateral to get a loan, far less loans would be taken and the price would only be up 4-8x instead and not creating a bunch of debt serfs.  It's also illogical for houses that are depreciating assets to increase 8x.  A depreciating asset house built in the 1950's should not be skyrocketing 8x vs wages that are up 4x.

[g-uid]

What do you think the odds are that it's not single-player "whales" out there that are pulling the strings of the market, but instead it's exchanges that are engaging in rehypothecation of user funds to suit their own needs? For example, if somebody puts out a significant short on platform X, what's stopping X from squeezing it using client funds that have been moved (and leveraged) onto another platform? After all, it's not a regulated market with closely scrutinized players by a long shot so if they have the power to influence the market (they certainly have the funds) and it's not illegal (from what I understand it isn't) then why wouldn't they do this?

[realr0ach]

What do you think the odds are that it's not single-player "whales" out there that are pulling the strings of the market, but instead it's exchanges that are engaging in rehypothecation of user funds to suit their own needs?

I'm positive Bitfinex was doing that before their bogus "hack" where they claimed someone stole all customer deposits as I talked about 3+ years ago:

https://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happened

The level of carelessness and risk taking of this single entity who was controlling the price on that exchange was absurd and just not rational at all.  They were trading like a suicide bomber that did not even care if the trade blew up in their face.  I would know, I watched the entire thing trading against him in real-time.  That's why I said in the past it would not surprise me if some entity like the ESF pulled up to Bitfinex, issued them a gag order, and said we're taking control of this market for national security blah blah.  The price movements were all done looking like they were done in an attempt to rig and not in an attempt to actually make money is what I'm saying.  

If some jackass like Giancarlo Devasini at Bitfinex was using customer funds to trade, I doubt he would be trading that reckless and insane unless he's also using customer funds to get high on kilos of cocaine at the same time.  So there has to be much more to the story of just who this entity was using customer funds to trade on Bitfinex (unless this Bitfinex employee is just a very bad, mentally insane, and stupid trader).

[Gyrsur]

<snip>
https://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happened
<snip>

so roach lost all his BTC by day-trading on Bitfinex and blamed Bitfinex afterwards? now he is buying Silver and will lost all a second one in the future when US Gov will confiscate again Gold and Silver too.

[realr0ach]

so roach lost all his BTC by day-trading on Bitfinex and blamed Bitfinex afterwards? now he is buying Silver and will lost all a second one in the future when US Gov will confiscate again Gold and Silver too.

No, if you read my post it says due to all the abnormal and fraudulent activity occurring on Bitfinex, it's how I knew I should withdraw every single cent away from the exchange.  The exchange then imploded with their fake "hack" claiming all customer deposits got stolen shortly after.  

A couple of people I know who I told to withdraw everything from there did lose money though because they didn't take their money out.  One of them then somehow got lucky and went from broke to millionaire by buying the Ethereum IPO, which Goldman Sachs pump and dumped.  And now you have newcomer idiots like McGoossens posting in this thread that know absolutely nothing about Bitfinex and probably never even traded there claiming anything said about Bitfinex or Tethers is "fud", when the exchange was and is a rigged, criminal enterprise.

[Last of the V8s]

https://twitter.com/eToroUS/status/1189188562794602500

We believe that trading #crypto shouldn’t be harder than retweeting this post. That’s why we invented CopyTrader™ and hired this man to demonstrate. #JustHitCopy #bitcoin

Alec Baldwin wants you to buy bitcoin.

[realr0ach]

Alec Baldwin wants you to buy bitcoin.

#TheGoyimKnow

[Last of the V8s]

https://twitter.com/NakedCryptoNews/status/1189159645400588289

naked people want y
sorry want you to wa


sorry watch their

brb

[realr0ach]

Terrible, but better than Germany building statues in parks to memorialize "African drug dealers and their often difficult journey to reach Germany".

https://www.dw.com/en/statue-of-african-drug-dealer-erected-in-berlins-notorious-g%C3%B6rlitzer-park/a-51055828