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

[LFC_Bitcoin]

Do we expect the ‘un-banning’ of mining in China to have a positive effect on the bitcoin price?

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[gentlemand]

Do we expect the ‘un-banning’ of mining in China to have a positive effect on the bitcoin price?

Nah. Has any mining news ever affected the price? If it had gone through mining would've carried on fine elsewhere.

The less China the better as far as I'm concerned so I'm rather narked.

[th3nolo]

There is no magic formula. He might not be scamming but his snakeoil ain't gonna make anyone but him richer.

I do know the secret though to untold wealth:

Buy and HODL! Works everytime.

Past performance does not guarantee future results.

Anyway, it seems it's the wisest strategy, I mean in 2013 you had to have balls to do it.

It's 2019 if you have doubts about holding Bitcoin probably this is not your thing.

[El duderino_]

Never saw that HAT..... 

[Gyrsur]

Never saw that HAT..... 

so it's fake or what? you sounds like Donald. 

[LFC_Bitcoin]

Never saw that HAT..... 

It’s a counterfeit, shipped in from China. That is not a homer patented, special edition WO hat.

[Gyrsur]

Never saw that HAT.....  

It’s a counterfeit, shipped in from China. That is not a homer patented, special edition WO hat.

we should track all WO hats with blockchain technology from Homer to the specific WO dude, shouldn't we?

[fillippone]

Never saw that HAT.....  

It’s a counterfeit, shipped in from China. That is not a homer patented, special edition WO hat.

we should track all WO hats with blockchain technology from Homer to the specific WO dude, shouldn't we?

I trust VB1001 list.

https://wohats.blogspot.com/

[th3nolo]

Never saw that HAT..... 

Mine? xhomerx10 made it for me, you can ask him anyway.

PS: I don't like Chinese imitations.

[Gyrsur]

Never saw that HAT.....  

It’s a counterfeit, shipped in from China. That is not a homer patented, special edition WO hat.

we should track all WO hats with blockchain technology from Homer to the specific WO dude, shouldn't we?

I trust VB1001 list.

trust is s00 human.  

[th3nolo]

trust is s00 human.  

!Bitcoin fixes this!

[jbreher]

You know breher, for a self-proclaimed bitcoin expert,

I don't think I ever proclaimed myself a "bitcoin expert". At least here or other area where the Bitcoin-knowledgable assemble. Care to link to proof of your assertion?

On the other hand, the CryptoCurrency Certification Consortium has deemed me a Certified Bitcoin Professional.

[Last of the V8s]

https://cryptoconsortium.org/certifications/cbp/

[jojo69]

News Flash: Bitcoin market is still so tiny and float so small, that one deep pocket whale can heavily manipulate the market.

Also just in: PMs are suppressed. Equities are manipulated. Stock Market is in a melt up. Economies are crumbling. Corporations and Banks are zombies. Water is wet. Jamie Dimon is a fool. CSW is a fraud conman. Boblawblaw is gay. JJG is still wordy man. R0ach is a nazi.

I should like to subscribe to your newsletter sir.

[jbreher]

Where you at BSv shills? jbreher?

Dunno why you're summoning me. I ain't got no dog in this fight. Do you?

I considered it a black swan event, Faketoshi claimed that once he gives Kleiman the coins he'll have to dump a big chunk of them just to cover taxes All appears just to be another lie on his way to becoming irrelevant, wanted to hear BSv shills comment on it so i summoned you, great bear/BSv supporter.

You seem to be suffering the commonly-shared echo chamber delusion that CSW and BSV are one and the same. They are not.

But if even you can't put a positive spin on this

I have no reason to put any spin on this whatsoever.
Though I will point to this: https://coingeek.com/calvin-ayre-passes-on-buying-dave-kleiman-estate-because-it-holds-no-assets/
Yeah, it's CoinGeek. May or may not be true. But it is potentially relevant, if true.

I don't know why anyone is particularly astonished that CSW did not cough up half a billion bux to Ira. He has been consistent all along in stating that he will have no access to the Tulip Trust funds until such time as the keys become available to him - which I believe has been stated to be early 2020. Whether true or not, that has been the claim since years. He obviously can't transfer something he does not possess.

In the meantime, popcorn consumption is epic.

Oh, are they already in the cut Faketoshi off cause he's more of a liability than an asset stage??

Who is 'they'?

Must've missed the memo, but if BSv separates from Faketoshi, they're just another shitcoin without even a claim to Satoshi,

I will merely repeat for the record (seeing ow your response indicates you have not yet seen it, despite being in the material you quoted): You seem to be suffering the commonly-shared echo chamber delusion that CSW and BSV are one and the same. They are not.

but now check this out, what really happened is umm Dave had the coins the whole time, and Ira deleted them

In point of fact, this claim was publicly surfaced back around the time of the Andrew O'Hagan piece.

DO try to keep up.

[StartupAnalyst]

Never saw that HAT..... 

It’s a counterfeit, shipped in from China. That is not a homer patented, special edition WO hat.

we should track all WO hats with blockchain technology from Homer to the specific WO dude, shouldn't we?

I trust VB1001 list.

https://wohats.blogspot.com/

Hello, WO`s brothers!! 
I see that I missed a lot of things... 
How long has this service been available? (https://wohats.blogspot.com/)

[realr0ach]

@hodlonaut
Inflation is your past work decaying, crumbling, disappearing between your fingers. The hours and sweat you invested, evaporating under the merciless sun of fiat money.

It's amazing that we have been conditioned to accept this kind of blatant theft.

Bitcoin sets us free.

https://twitter.com/hodlonaut/status/1192059126723096576?s=21

There's nothing inherently bad about 'inflation'.  Both inflation and deflation have their pros and cons.  He's conflating two different arguments.  Getting rid of the Jewish central bank doesn't mean inflation and deflation go away and you live in a steady-state universe.  Silver, for instance, is deflationary because the current, artificially rigged price point isn't high enough to warrant recycling.  The supply is like 1/4th of what it was since 1980, while gold is inflationary and the supply has doubled.  As seen by the ludicrous GSR, the rigged market has not yet priced that dynamic in.

[StartupAnalyst]

@hodlonaut
Inflation is your past work decaying, crumbling, disappearing between your fingers. The hours and sweat you invested, evaporating under the merciless sun of fiat money.

It's amazing that we have been conditioned to accept this kind of blatant theft.

Bitcoin sets us free.

https://twitter.com/hodlonaut/status/1192059126723096576?s=21

There's nothing inherently bad about 'inflation'.  Both inflation and deflation have their pros and cons.  He's conflating two different arguments.  Getting rid of the Jewish central bank doesn't mean inflation and deflation go away and you live in a steady-state universe.  Silver, for instance, is deflationary because the current, artificially rigged price point isn't high enough to warrant recycling.  The supply is like 1/4th of what it was since 1980, while gold is inflationary and the supply has doubled.  The rigged market prices have not yet priced that in, though.

Inflation is a consequence of the debt economy, the debt economy is evil, although there are certainly pluses in it too!

[realr0ach]

Inflation is a consequence of the debt economy

Again, you can have inflation without a central bank, so you can't just use a blanket statement saying all inflation is 'evil'.  In fact, deflationary monetary instruments are inherently WORSE than inflationary ones in a real free market.  Why?  Try the example I already gave a long time ago using the TV show "Pawn Stars".  If this Rick guy at his pawn shop buys things from customers and has to sit on them for several years to sell them, he's profiting if he purchased the items with an inflationary currency, and he's losing money the entire time if he bought them with a deflationary currency.  This is why Gresham's law exists.

Doing business with a deflationary currency is objectively worse than with an inflationary one.  If he actually wanted to stay in business, it would require this Rick guy to do more work and have to estimate a time span for how long each item would take to sell, then break out a calculator and calculate things like compound interest, then low ball a bid based on that time span and interest rates.  He has to do none of that with an inflationary currency.  The deflationary currency just introduces more variables, more unknowns, and more bankrupting black swans for a business if their estimate was not correct.

The ideal form of money is obviously neither deflationary or inflationary, but that option isn't too practical in reality, so Gresham's law and what I talked about above makes deflationary money automatically lose.  The only reason I don't see this as a negative for silver - as it's currently deflationary as opposed to inflationary like gold - is that once the price of silver skyrockets from manipulation imploding it will make recycling feasible and no longer deflationary.

[bitcoinPsycho]

LFC bitcoin   you merited roach...your dead to me


Don't feel the trolls they said....