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

[El duderino_]

I just start watching mindhunter and F*** in episode two they are talking to “ed Kemper” ..... and damn it’s a copy of what r0ach always says about a lot of stuff

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[Last of the V8s]

Watching these walls or watching reality tv

[El duderino_]

Very early HODLsleep is gonna go in progress

[Last of the V8s]

Very early HODLsleep is gonna go in progress

Oh well. You'll miss the massive pump, but you gotta get your rest I suppose.

[realr0ach]

You seem so extreme with everything unless I am misunderstanding you. You always seem to be preparing for Armageddon. Gold, boat living, etc.. Hey meanwhile there is a world passing you by... I don’t think civil unrest is coming to the USA nor Chile soon (at least not in rural areas

Since it doesn't seem like you've been to America in a long time, visiting some small towns that you might have been to in the past will probably be a real wake up call.  I took the scenic route through a bunch of these places on a trip a few months ago and holy shit, small town America is really on it's last leg.  It's just boarded up and decaying buildings everywhere.  The only thing keeping any of these towns up at all anymore are things like a local sawmill and maybe a Wal Mart.  Small towns in America look like a demilitarized zone, and this is while the 'economy' is already peaked out before the next leg of implosion.  I can only imagine what they'll look like on the next leg down if this is the top.

I currently live in an area that has tourist bucks flowing in, so it doesn't have this issue, but I can only imagine how shitty it is currently living in one of these places that has no industry, no tourism, no nothing whatsoever.  It's a MIRACLE most of these places haven't already collapsed in some type of zombie apocalypse.  With zero industry there's obviously no jobs to support the population, so it's kind of a ticking time bomb of unsustainable social security and medicare boomer dollars, a stock bubble, house refinance bubble, welfare bubble, unsustainable trade imbalance, etc.

It probably takes a conglomerate of all of these unsustainable programs and bubbles functioning at once to keep these doomed towns existing at all.  Of course lack of mark to market is one reason for the stagnation seen.  Many of these buildings just sit around for sale for 5 years straight for $200,000+, or even more outrageous rent for the equivalent of an abandoned general store building from the 1950's that might as well go for $0 just to get the property tax out of your hair.  It's laughable thinking this can all continue forever without a real odius debt clearance (anything denominated in Jewish Reserve notes) and likely metals remonetization that entails.

[cmacwuz]

Quote from December 07, 2013, for nostalgia. Funny to feel that "but it won't be bitcoin" sentiment even back then, it is a hipster bias

As you may notice the pumping bulls are starting to get scared, we aren't going to see all time highs ever again. Bitcoin will level off and media attention will die off since we're the only reason it was there to begin with was because we were in a period of expontential growth.

People will look back in 3 years time and laugh about how a virtual currency with so many intrinsic flaws managed achieve a market cap of over 12 billion.

Cryptocurrencies may be the future, but it will not be bitcoin.

[JayJuanGee]

You're close. It's South African Team but many members are probably descendants from the english and dutch people who colonised South Africa.

In this thread, I unexpectingly be learning lots.  

You were not aware of this?

I never heard it expressed like that, previously. So, learning, learning, learning.

[fillippone]

WO gang!
Time for a more pixel game!


A very easy one!

[realr0ach]

I just start watching mindhunter and F*** in episode two they are talking to “ed Kemper” ..... and damn it’s a copy of what r0ach always says about a lot of stuff

[Last of the V8s]

Palazzo Vecchio, Florence

WO gang!
Time for a more pixel game!


A very easy one!

edit: many many thanks!

[P_Shep]

I just start watching mindhunter and F*** in episode two they are talking to “ed Kemper” ..... and damn it’s a copy of what r0ach always says about a lot of stuff

Great show.

[fillippone]

Palazzo Vecchio, Florence

WO gang!
Time for a more pixel game!


A very easy one!

Dear lord!
That was quick!
Maybe it was a too easy one!

Here it is:the WO sign and n the background Palazzo Vecchio in Florence



It’s also a Bitcoin related story.
(Bear with me with that, I am walking)

Florence shares with Genoa, both Italian cities, the first gold coins, widely accepted and used as MoE and Sov at the times.
You can read this good post in the Italian board here or on Wikipedia.



Florence prospered in the Renaissance because based its commercial power on hard money, while almost every other city was inflating their money printing with weaker and weaker gold content.
Hard money proved a good strategy for the centuries.
Bitcoin has been around since a little more of 10 years.
 

[LUCKMCFLY]

Bullish Bakkt..

ICYMI: Thursday's Bakkt Bitcoin Monthly Futures:

💸 Traded contracts: 345 (-49%)
📉 Day before: 676
🚀 All time high: 1183

*bleep blop* tip sats for server costs https://tippin.me/@BakktBot 🤖

Via Twitter: @BakktBot

And Bakkt pairs up with Starbucks:

“Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks.”

Source: https://cointelegraph.com/news/bullish-bakkt-company-launches-new-products-as-futures-trading-surges

[realr0ach]

Because Bitcoin is the only monetary asset other than precious metals which has a decentralized Nash equilibrium due to unforgeable costliness.

Please stop the bogus, SJW-style, word salad, buzzword arguments.  "Unforgeable costliness" is a made up word that means absolutely nothing while also being based on false premises from Nick Szabo.  Nor is Nick Szabo a trustworthy person in the first place.  If you want to speak towards his supposed logic only while ignoring any potential character issues, "money" in NO WAY exists as his definition based on a premise of "unforgeable costliness".  

Money's value is derived from being based upon a physical commodity resource as per the classical Aristotle definition, NOT Nick Szabo's fake definition.  It's easy as hell to see the psychological scam Nick Szabo is using.  His tactic is to simply fabricate a loose definition that he can try to cram both the ideas of something like proof of work into and some vague characteristic of metals to claim they're linked, related, and their defining quality in order to try and push a cashless society slavery system.

Artistole = correct

Nick Szabo = rat shit

The phrase "unforgeable costliness" is really just a plagiarization of the word 'scarcity' while pretending to have invented a new word yourself.  But artificial scarcity has no value.  Scarcity has to be applied to an actual resource in order to have value.

And Anonymint = Wrong, and only attempting to pump digital shitcoins while lying about physical commodity money because in his own words said he made bad economic decisions and making a home run on digital shitcoins is the only way to keep his head above water at his current age.  You made an email stating this fact, so don't even deny it.  At the very least it would imply absurd bias, while at worst providing a reason to lie about any competitor of digital slavery system tokens.  But real money - physical metals - have just as much or more upside potential anyway.

[Ibian]

Data is physical. Go away bug.

[boumalo]

October 31st price poll : >$20,000   - 10 (7%)

Some of us are extremely optimistic. It is bullish for the price because it's a massive support for the price.

[Negotiation]

I still see 4 digits and seems like we are stuck in there forever LOL but few days ago the 5 digit was looking nice.

Yaah waiting when 5 digit  :'(80% losses my total BTCBTC balance i hope 5 digit soon.
holding up.

You must be really screwing things up if you have 80% losses at this point.

How long have you been in this Negotiation?   Since June?  Even then, fuck you really need a batman slap, no?

JayJuanGee brother, Do't angry to me  just everything  80% losses for my bad disesion we hope recovery holding by the BTCbitcoin=USDT brother try to recovery everything.

[Negotiation]

BREAKING: Argentina's Central Bank just restricted the purchasing of bitcoin with credit, debit and prepaid cards as of today.

This comes less than a week since the same bank restricted dollar purchases by citizens to just 200 USD per month.

Source: https://twitter.com/Rhythmtrader/status/1190259747209056256

[yefi]

And there is much more information if you start to investigate a little more.

I think a little investigation would raise a fishy smell with regards to these figures. Italy has a population of around 60 million, but here it is implied they make only around 30 million online transaction per year, or 0.5 per capita.

Total transaction volume for the UK, which has a similar population, is 40 billion per year (according to Finance UK). This includes offline as well as online, but is three orders of magnitude greater.

[Negotiation]

And there is much more information if you start to investigate a little more.

I think a little investigation would raise a fishy smell with regards to these figures. Italy has a population of around 60 million, but here it is implied they make only around 30 million online transaction per year, or 0.5 per capita.

Total transaction volume for the UK, which has a similar population, is 40 billion per year (according to Finance UK). This includes offline as well as online, but is three orders of magnitude greater.

@yefi brother really possible exactly transaction volume ? i have confusion for this a lot of place transaction everyday different category so how to knows exactly amount?