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

[Hueristic]

Even the thieving (((bankers))) are using leverage to buy up your debt! We are so screwed

Lol. I hear ya and they keep getting bailed by our taxes. But they cannot buy what doesn't exist, living debt free is being able to sleep easy.

[Anon136]

Even the thieving (((bankers))) are using leverage to buy up your debt! We are so screwed

Lol. I hear ya and they keep getting bailed by our taxes. But they cannot buy what doesn't exist, living debt free is being able to sleep easy.

Heads I win tails you lose.

[Phil_S]

 

[Elwar]

Being a TA genius I will point out that the lows are getting higher each time.

In my expert opinion this is a good thing.

PM me if you would like me to explain my very technical analysis, it might take years of study but you might be able to understand eventually.



Observe this picture for proof:

    /\_          / -_/----\
   /     \      /              \ .
 /         \ .
.

[Toxic2040]

Thoroughly testing resistance and support at the $8.35k range.


I like this chart by @CryptoTrooper  I think that third red area might be a shorter one like the first however.

[JayJuanGee]

Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.

Yeah, so the thieving bankers want everyone to think.

To the extent that Mister_Success is NOT acting too arrogant for his own smarts, he does seem to make a decent point regarding the leveraging of money towards appreciating assets instead of depreciating assets, so in that regard, sometimes, borrowing money can be a good tool to leverage a person into a better position that might not be within his options if he were not able to utilize loans.   Sure traditional banks have devolved, especially the bigger ones that have gotten involved in the sucking off of the money printing tits... so in that regard, there are some, so called banks that no longer service the needs of regular peeps.  So, in regards to investing in bitcoin, it would be better to invest into bitcoin rather than fiat, so could be profitable to use some credit in order to leverage your bitcoin investment -  though it can be a dangerous game, when it comes to highly volatile assets such as bitcoin, so you have to play your cashflows smartly, if you do not want to get rekt based on short term expectations, when bitcoin does seem to be longer term profitable.

[Rosewater Foundation]

Like I keep telling you, I sold at the top. Yes, while I was shilling bcash. What of it?

Bite me.

salty?

It's called moral outrage. You slime-licking toad.

[Wekkel]

The long term chart posted is very important: we need to take the long view instead of bickering about a few $100s price movement. That is child’s play compared to where we are going.

Or will Bitcoin’s rise be stopped by it suddenly being ‘univented’ by mutual decision? 

[realr0ach]

i'm a very not good with computer

It's funny you mention that.  Out of the large section of people I know from bitcoin, this is how it breaks down:

IQ 80 or lower:  Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode

IQ 95-105:        Thinks bitcoin is the greatest invention since the wheel and will be the world reserve currency

IQ 110-140:      Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode

[realr0ach]

Anyone remember when Mat the Cat posted the picture of one of the guy's running Bitfinex and was like "this guy sure looks trustworthy":



He looks like he front runs every single customer order while blowing all profits on giant sacks of cocaine, goes insolvent somehow in the process, then just steals all customer funds to cover and claims the Russians hacked it...wait...that sort of did happen!

a cabal of vampire parasites takes its place....

[ivomm]

[bodogb]

i'm a very not good with computer

It's funny you mention that.  Out of the large section of people I know from bitcoin, this is how it breaks down:

IQ 80 or lower:  Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode

IQ 95-105:        Thinks bitcoin is the greatest invention since the wheel and will be the world reserve currency

IQ 110-140:      Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode

I'm a member of Mensa and I know for a fact that many members are very active in the bitcoin community both in my country and globally. Mensa has multiple bitcoin/blockchain SIGs (Special Interest Groups), they are organizing events and meetups, doing education, working on a schoolbook - just to mention a few things.

<sorry for quoting the village idiot, but I had to comment this obvious lie>

[realr0ach]

i'm a very not good with computer

It's funny you mention that.  Out of the large section of people I know from bitcoin, this is how it breaks down:

IQ 80 or lower:  Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode

IQ 95-105:        Thinks bitcoin is the greatest invention since the wheel and will be the world reserve currency

IQ 110-140:      Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode

I'm a member of Mensa and I know for a fact that many members are very active in the bitcoin community both in my country and globally. Mensa has multiple bitcoin/blockchain SIGs (Special Interest Groups), they are organizing events and meetups, doing education, working on a schoolbook - just to mention a few things.

<sorry for quoting the village idiot, but I had to comment this obvious lie>

People who join Mensa are in the 95-105 range.  Just like how if someone opened something called "the big dick club", 3/4ths the people in it would have 4 inch dicks.

[El duderino_]

The struggle has come to an end many THANKS for the help     

[Wekkel]

A university grade can sometimes be a burden instead of an advantage when encountering new ideas. Perhaps ‘sometimes’ should be ‘many times’.

“A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.”

-Planck-

History is littered with examples of this phenomenon. A reason I do not debate Bitcoin (or money as a general concept) with naysayers. It’s utter pointless.

[Torque]

Like I keep telling you, I sold at the top. Yes, while I was shilling bcash. What of it?

Wow, jbreher the troll finally comes clean.

1. He admits to shilling

2. He correctly calls the shitcoin 'bcash'

 

[realr0ach]

Wow, jbreher the troll finally comes clean.

1. He admits to shilling

Torque makes shocking discovery the entire forum is composed of conmen shilling for completely centralized, valueless, imaginary tokens.

[Kylapoiss]

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

[Traxo]

People who join Mensa are in the 95-105 range.
Just like how if someone opened something called "the big dick club", 3/4ths the people in it would have 4 inch dicks.

Hmm... I see how that could work for e.g. facebook groups where anyone can join.
However, Mensa has minimum IQ requirement for membership, and I think it's above 105.

Can you elaborate how can most members have less than minimum required IQ?

[xhomerx10]

^for pete's sake... NEVER ask r0ach to elaborate.