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

[FullNode]

RT Bitcoin: RT bitstein: After two grueling months, the Ethereum full node count is now up to 6!

Jeff Garzik
@jgarzik
 · 17h
Sync'd!
#Ethereum --syncmode=full node:
- Laptop w/ 8G ram, external 1TB USB 3.1 SSD
- Started: November 26, 2019
- Finished: January 13, 2020
- Storage used: 668G
- Docker container restarts, for hard fork geth upgrades: 2

https://mobile.twitter.com/CryptoBuyerSell

Very fast  

[makrospex]

Has anybody here ever bought BSV?

Please, be honest guys. I could do with a good laugh.

Don't be coy. You *know* I did.

Laugh all you want.

Just getting started.

Genuinely hope you sell before 3rd Feb. Take your profits (probably handsome profits) and run.

That may even be a bit late.

Hopefully it collapses to about $50.

I don’t see how it’s going to sustain its current price when as expected CW proves NOTHING (again).

When are those turds going to disappear into the rear view mirror? So annoying having them still on the scene, bull shitting their way around.

I long for the day both BSV and BCH bite the dust. Just serve to annoy and detract from BTC

Take the dotcom bubble as an example.
All the .com putting up irrational visions died.
Time is our friend. May it take 10 more years, may it take 20... I'm pretty sure the lamef0rkers will get what they deserve.
Look at Roger. I read that he's about to lose his mind. I say, how can one lose his mind twice?  

[heslo]

Has anybody here ever bought BSV?

Please, be honest guys. I could do with a good laugh.

Don't be coy. You *know* I did.

Laugh all you want.

Just getting started.

Genuinely hope you sell before 3rd Feb. Take your profits (probably handsome profits) and run.

That may even be a bit late.

Hopefully it collapses to about $50.

I don’t see how it’s going to sustain its current price when as expected CW proves NOTHING (again).

When are those turds going to disappear into the rear view mirror? So annoying having them still on the scene, bull shitting their way around.

I long for the day both BSV and BCH bite the dust. Just serve to annoy and detract from BTC

Take the dotcom bubble as an example.
All the .com putting up irrational visions died.
Time is our friend. May it take 10 more years, may it take 20... I'm pretty sure the lamef0rkers will get what they deserve.
Look at Roger. I read that he's about to lose his mind. I say, how can one lose his mind twice?  

Roger definitely is a sad case. It started out as an ego thing for him between himself and BTC devs and it's just degenerated into one massive pile of shit from there

[makrospex]

Roger definitely is a sad case. It started out as an ego thing for him between himself and BTC devs and it's just degenerated into one massive pile of shit from there

In essence, it's always the ego that tries to kill everything that's good inside us.
Roger is no exception.

EDIT: Short framed, the trend of pounding up against $8.900 didn't continue. There's absolutely no sweat above $8.500 until end of the week. What do the TA experts think?

EDIT2: SOMA analysis and funny memes always welcome 

[El duderino_]

I really thought that it was jonoiv that I was responding to - hence my aggression.

Not like anybody here is going to listen to *my* opinion on this matter, but... jonoiv gotz a bum rap in this thread. Undeservedly.

jonoiv was really really high level spam-trolling... imo

[yefi]

In essence, it's always the ego that tries to kill everything that's good inside us.

Given the crimes committed by soldiers who have ego driven out of them, I rather think not.
 

[El duderino_]

Buying a home is much harder today than it was for previous generations

Price of college is increasing 8 times faster than wages

Negative interest rates

Food products & household supplies are shrinking in size

Bitcoin is people collectively responding to these injustices
https://twitter.com/misir_mahmudov/status/1217575684966699015?s=20


Btw, i'm with bitserve on something previous, I also don't think its bad to have some land to own or to have a own house .... I don't like to rent to much myself.

[El duderino_]

Took some time to read 25 pages back and found...
nothing!

Good to be back, hopefully for good

Indeed long time no see ..... good to have you back

You only missed 25 pages??

I could not afford to read something like 3000!
 

That comes with being this long away 

[makrospex]

In essence, it's always the ego that tries to kill everything that's good inside us.

Given the crimes committed by soldiers who have ego driven out of them, I rather think not.
 

I would more describe this as a replacement (or shift) of ego values, not quite driven out ego.
Temporary eradication of ego is a side effect of LSD, sometimes (and deep meditation of course). It's hard to grasp unless it happens to you.
Conscious and unconscious thoughts replaced by something like constant, excited but peaceful wondering. Like babies look at the world, i could imagine.

EDIT: Also, an ex-heroin addict told me that this description matches the first time of heroin consumption. Still, i strongly advise against drug abuse! especially the harder opiate varieties. Check out Wim Hof (or was it Wim Hoff?) breathing to produce your own DMT via meditation instead.

[Paashaas]

Bitcoin is bigger, stronger and more secure than it has ever been. 2020 halving will be glorious.

[makrospex]

Bitcoin is bigger, stronger and more secure than it has ever been. 2020 halving will be glorious.

Apart of that, every "flipppening" scenario has yet turned out to just be FUD.
"Shitters" can't do better than that.

[Dabs]

Well, objectively, the price of both BCH and BSV are higher than BTC's was, just about 5 years ago, or around 2013-ish ... The problem is they might stick around at least another 5 years just because ... reasons.

[d_eddie]

... or go down the drain before that, if they fail to match btc's adoption or recognition history.

[makrospex]

Well, objectively, the price of both BCH and BSV are higher than BTC's was, just about 5 years ago, or around 2013-ish ... The problem is they might stick around at least another 5 years just because ... reasons.

That's an interesting comparison. What would the value of BCH/BSV be if they split off 2013? I'm sure the trends would have developed differently, if both forks even pretty much survived 2014/15. One thing is adoption rate, which would be better for BCH/SV if forked off earlier. Craig and Ver came a bit late, and the real value of the BTC is definitely BTC+BCH+BSV (+BTG and other offsprings), so they say, which is at least true for unclaimed coins mined before the chainsplit(s).
Some might also say Craig and Roger stole value from Bitcoin through the splitting, i guess?
I doubt they could take over, but will go along some time.

... or go down the drain before that, if they fail to match btc's adoption or recognition history.

That's why the two clowns feel so pressed to raise recognition through public stunts and shittalk.

[LFC_Bitcoin]

Well, objectively, the price of both BCH and BSV are higher than BTC's was, just about 5 years ago, or around 2013-ish ... The problem is they might stick around at least another 5 years just because ... reasons.

Presumably when CW fails to sign a message from any address holding large amounts of corn ahead of this final court date on Feb 3rd then BSV, at least, will suffer a massive dump.

It’s his final opportunity to show he’s (lol) Satoshi. You’d think any of his dumb sheep who buy & believe in BSV will start to sell as it plummets.

BSV @ $50 incoming!

[P_Shep]

Well, objectively, the price of both BCH and BSV are higher than BTC's was, just about 5 years ago, or around 2013-ish ... The problem is they might stick around at least another 5 years just because ... reasons.

Presumably when CW fails to sign a message from any address holding large amounts of corn ahead of this final court date on Feb 3rd then BSV, at least, will suffer a massive dump.

It’s his final opportunity to show he’s (lol) Satoshi. You’d think any of his dumb sheep who buy & believe in BSV will start to sell as it plummets.

BSV @ $50 incoming!

Can't wait until someone moves the contents of one of those 16404 addresses. Or signs a message against one

[JSRAW]

he’s (lol) Satoshi.

[LFC_Bitcoin]

Can't wait until someone moves the contents of one of those 16404 addresses. Or signs a message against one

I’ll get on to it before the next meet, mate.

[jojo69]

I don't know guys...I think SV might have one more pump in it.

[fillippone]

This is big:

A new Bitcoin boom?Grayscale reports record crypto investments for 2019

Digital currency manager Grayscale took in $607 million of investments in 2019, an amount that outstripped its collective inflows of the previous five years.

From their report:

Most significant asset raising year in Grayscale’s history: Investment for FY19, totaled $607.7 million, surpassed combined investment into all Grayscale’s products from 2013 through 2018.
Largest quarterly investment to Grayscale® Bitcoin Trust ever: With $193.8 in 4Q19, investment into Grayscale Bitcoin Trust exceeded the $171.7 million in investment raised in 3Q19.

The current situation is this one:



Please note the relative size of Bitcoin Investments comparet to shitcoins.

So back of the envelope calculations:

USD 607 millions@BTCUSD8,000 means roughly 75,000 bitcoins were bought this year.
After the halving each year 6.25*24*365 Bitcoins will be mined.
This means Greyscale alone will buy more than 20% of Bitcoins.

How cannot be bullish?
This is Stock to Flow in full power!