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

[LFC_Bitcoin]

Love and miss you all
Will be of line for a while
Hold the barricades

Keep calm & HODL on

[jbreher]

By the way... jbreher is posting on behalf of the gov, isn't it ssssoooooo obvious?

Go Fuck Yourself, JJG.

[jbreher]

4 hide gold in rectum, held at Visakhapatnam airport

Officials seize $5 million in gold bars at Heathrow Airport, reportedly from drug cartel

I had to check they were different stories.
Pretty sure $5m wouldn't fit, even split 4 ways.

If you've not been through the exercise of packing a Bug Out Bag, you might be unpleasantly surprised as to how impractical PMs can be.

[Hueristic]

Fuck driving a scooter/moped. I nearly died in a car accident when I was in my early 20’s. I would have been in about 100 pieces if I was on a scooter. I’m too much of a pussy to feel safe on a scooter.

Thats why you ride one of these.



Whats behind me cannot hurt me.

But then again hitting a tornado at 120 almost did.

I didn't see your 1pt font line until I quoted your comment to reply, it didn't even register on my eyeballs.

So I'm abandoning my previous reply to ask you this: Were you trying to just speed through the tornado, or, why didn't you turn around?

It came out of no-where, one second it was sunny and then I was in a rainstorm (the rain was nailing my hands like needles) and hit an exit with a river pouring down it and hydroplaned up the thing went between 2 cars and layed the bike down so as to not hit the rail while up and flip over onto the highway. I got really lucky that day, only ground half a kneecap off. I did end up getting a staff infection a week later as the Doc left some road in my leg and spent a few weeks fighting for the leg (apparently i should have gone right in and not walked around a week on it all swollen up) but no lasting repercussions except i had the nickname crash at the barracks for awhile after that.

[El duderino_]

Love and miss you all
Will be of line for a while
Hold the barricades

Keep calm & HODL on

Indeed don’t let your WO absence disturb your HODL

Keep on HODLing

3 episodes further of Casa de Papel and i’m going into HODLspace as well

Goodnight WO bro’s

[El duderino_]

Outstanding news coming out of China.

 https://finance.yahoo.com/news/bitcoin-now-legally-protected-asset-180030818.html

I think it's gonna explode.  China was doing the most searches on FB's L*bra shitcoin.  Now they can quit that shit and get back to BTC

I just made a big* buy.

 *big for me anyway  

Just don’t let any kind of news be your guide to buy........

No news needed to make a healthy BTC buy!

[nphyx]

So far ~84.89% of BC is circulated in Cyberspace.

Also, the Blocks Size sharply went up for a little while this month.


Bitcoin isn't done yet.

[HairyMaclairy]

Fuck driving a scooter/moped. I nearly died in a car accident when I was in my early 20’s. I would have been in about 100 pieces if I was on a scooter. I’m too much of a pussy to feel safe on a scooter.

Thats why you ride one of these.



Whats behind me cannot hurt me.

But then again hitting a tornado at 120 almost did.

I didn't see your 1pt font line until I quoted your comment to reply, it didn't even register on my eyeballs.

So I'm abandoning my previous reply to ask you this: Were you trying to just speed through the tornado, or, why didn't you turn around?

It came out of no-where, one second it was sunny and then I was in a rainstorm (the rain was nailing my hands like needles) and hit an exit with a river pouring down it and hydroplaned up the thing went between 2 cars and layed the bike down so as to not hit the rail while up and flip over onto the highway. I got really lucky that day, only ground half a kneecap off. I did end up getting a staff infection a week later as the Doc left some road in my leg and spent a few weeks fighting for the leg (apparently i should have gone right in and not walked around a week on it all swollen up) but no lasting repercussions except i had the nickname crash at the barracks for awhile after that.

That sounds intense.  Glad you came out of it ok

Lads - tell us all a story. What is the best way you almost died?  

[realr0ach]

Gold production has *increased* in each of the last 10 years.

Bitcoin production has *decreased* in each of the last 9 years.

Which one is truly scarce?

https://twitter.com/kerooke/status/1152655999595089920

Once again, you Indian street merchant of Calcutta, you're posting complete bullshit.  Artificial scarcity has no value.  Nor does the scarcity of anything that's not an actual physical commodity resource in the first place. Someone could have just as easily made Bitcoin have a halving every day, or even every second!  Would that make it more "valuable" because the imaginary supply decreases faster?  No.  Earth is a closed ecosystem so the gold isn't even increasing.  All you're really describing is how Bitcoin is an instamine/flash mine scam while it takes much longer to mine all the finite gold and silver on earth (and no, space mining is not viable because cost of production is astronomical).

Performining multiplication or division (artificial halvings) on something imaginary (Bitcoin) gives you a value of zero because your constant is imaginary.  Imaginary things are represented by a numerical value of zero.  0(bitcoin)/2 = 0. Imaginary things do not have value.  Dogecoin block reward collapses faster than Bitcoin.  Does that make Dogecoin more valuable?  No.  It's the equivalent of dividing 0 by 4 instead of 2.  There's a million different arbitrary, digital shitcoins and none of them have value.  Anything based on artificial scarcity is nothing more than Keynesian scam whether it's fiat or Bitcoin.

[BayAreaCoins]

I should really dig up some old JayJuanGee shitposts and get a good lol at how time makes him look like a dipshit.

Blockchain.com (AKA Blockchain.info) is basically altcoin central now because the market is shifting away from BTC because people aren't fans of waking up to $150 txid fees.  *shocker*

Want to know why Bitcoin is about to slip under 60% dominance in the cryptocurrency market?  Because lots of people lost lots of faith in it... who cares if you got a few rich dipshits holding the hundred billion dollar market up with a few hundred million bucks... it's the market that you want vs just a few rich dicks.  "He can move $100 million dollars for $200, that's a great deal!"... but that dude that's trying to pay his $500 rent is also paying $200 to move his coins.  It's a bad deal.

Ever try to sell a Bitcoin to normal people at these levels?  You'll starve.  You got to go to certain places that have these few rich dick funds.  Bitcoin is way overpriced right now and the market is doing speed wobbles.

I expect Bitcoin under $5,000 by OCT.

[realr0ach]

The #learntocode meme people post pretending coding is the future of employment is hilariously stupid.  You need to be a flat out fool to not be able to tell the video games industry is in an insane bubble right now.  There's so many games coming out per day you can't even play a fraction of them even if you pirate them all, don't work, and play video games 24 hours a day lol.  Here's some guy on Youtube today talking about how he sent out 1000 job applications and got one interview, and a guy in the comment section with 200 and no job or interview.  

Coding is a fucking bubble.  Telling everyone "learn to code" is like telling everyone on earth "learn to be a plumber dude".  In an economic downturn, nobody even needs any virtual jibberish located inside of a computer so almost the entire industry is expendable except for a few govt, healthcare, billing, etc, related jobs.  Of course, these people's posts are likely also an indicator of the general direction of the economy at the moment as well.

85% of jobs in the US are filled by referrals.  Anyone not using their network and relying solely on job application letters is approaching the problem fundamentally wrong, especially if they are applying for positions above “entry level” at Taco Bell.

Typical example of roach being completely disconnected from reality, and stumbling across a dumb YouTuber that doesn’t understand how his own industry works.  

You did not rebuke anything with your comment.  If anything, you just backed up my point.  Whether these people are self taught programmers or went to an expensive school, regardless of if they're better at doing it than everyone else on earth, they have no prospects because they have no "referrals" or "network", especially in an economic downturn when these companies start getting rid of programmers they already have.  

Even if they have experience - let's say they're the best video game designer on the planet - and while Super Mario 1-11 were good, they worked on Super Mario 12 and through no fault of their own, the game turned out to be complete crap.  Their resume is now even worse than a fresh off the boat, entry level, college grad.  How do you form a "referral network" working gig jobs when the sucess of the final product output is not even within your control because you're a cog in the machine making up 1/1000th of that machine?

The guy's Youtube channel that was from pushed the conclusion that working for, or attempting to start out at most of these companies is pointless and that you have to try and develop something yourself and self employ.  But that tactic in "big tech" falls into the Marxian problem of trying to compete against people with way more capital and resources than you that's going to make it tough or impossible.  There's a few good solo dev apps, but good solo dev games or other more complex projects are almost non-existent nowadays.  The only real lesson is do not enter into any oversaturated field.

[JayJuanGee]

Bumped and get dumped in the last 24 hours.

Think of it like foreplay. We only get to stick our dicks in after the halving & that’s when the real fun starts.

unless it's a case of vagina dentata...lol

Oh shit -

Description - Vagina dentata describes a folk tale in which a woman's vagina is said to contain teeth, with the associated implication that sexual intercourse might result in injury, emasculation, or castration for the man involved. (Wikipedia)

Certainly that Vagina dentata seems like something that a guy would not want, even if foreplay had seemed like it was going decently well.

Oh shit, oh shit, oh shit.  


I am starting to feel the FU part of FUD.

[realr0ach]

If you've not been through the exercise of packing a Bug Out Bag, you might be unpleasantly surprised as to how impractical PMs can be.

So you're saying that in an end of the world scenario where no monetary instrument has value at all and the skies are covered in radioactive clouds and you're leaving all your belongings and vehicles behind at your house that it's inconvenient to carry a million dollars worth of physical metals in your pocket while attempting to run away from the hypersonic nuclear missiles?  Okay. 

Stuff like this only applies to people who are dumb enough to live somewhere like Chicago or NYC during economic implosion or war in the first place.  Anyone living in a lower density area is already at the place everyone else will be trying to flee to.  And you seem to conveniently overlook the fact that in any scenario of mass emergency and migration, the economic system and infrastructure will have imploded, and the only types of things that have any hope of being monetarily useful are barter and physical metals anyway.

[JayJuanGee]

By the way... jbreher is posting on behalf of the gov, isn't it ssssoooooo obvious?

Go Fuck Yourself, JJG.

What's the BIG deal?  Jees.   I cannot even speculate anymore?  and of course state any such of my speculations as a given?  

This supposed speculation thread sucks.

Unfair.  

Now, I am starting to sound bitter, like you know who.  

By the way... jbreher is posting on behalf of the gov, isn't it ssssoooooo obvious?

Go Fuck Yourself, JJG.

Jbrehers avatar is a BEAR, BEARS ARE THE SYMBOL OF RUSSIA!

I am pretty sure Jbreher is Valdamir Putin and is currently secretly buying up all the bitcoins cash to turn it into the Crypto of the kremlin!

In all seriousness I am pretty sure Jbreher has posted pics of him hunting that a gov agent wouldn't be too allowed to do.

The jury is still out, and now I am afraid to say anything because I don't want to receive a surprise russian nerve agent into my coffee when I am trying to spend a little bcash, of course SV would be the preferred version.  

You see jbreher, I can attempt to go along and to get along, even if bots don't need to drink coffee.  I will buy some inexpensive coffee just to demonstrate that bcash works, and also solidarity, comrade.  

[realr0ach]

Jbrehers avatar is a BEAR, BEARS ARE THE SYMBOL OF RUSSIA!

[JayJuanGee]

I should really dig up some old JayJuanGee shitposts and get a good lol at how time makes him look like a dipshit.

Wow.  Do I look worse that roach, who sold all his BTC in the $700 arena?  Or does it just look bad because I mostly engaged in dollar cost averaging and accumulation of bitcoin.  Of course, anyone who had been accumulating bitcoin in the past 5.5 years is going to look like such a BIGASS dipshit.

I feel bad for myself.. especially because whatever I did caused me to become rich beyond my expectations.  That would have been dipshitty of me.

Blockchain.com (AKA Blockchain.info) is basically altcoin central now because the market is shifting away from BTC because people aren't fans of waking up to $150 txid fees.  *shocker*

I did not realize that you turned into a BIG blocker troll and bitcoin naysayer, pumping of that kind of bullshit.

Want to know why Bitcoin is about to slip under 60% dominance in the cryptocurrency market?  

do you realize that the bitcoin dominance index on coinmarket cap is a bullshit indicator; however, even though that index is full of shit because it tends to continuously get distorted by a continued addition of new scams that are added to it, and even when they continue to add shitcoins and fluff, the index still shows bitcoin largely holding its own and even growing amongst bullshit attempts to dilute the real dominance of bitcoin.  in terms of sound money and in terms of network effects.

Because lots of people lost lots of faith in it... who cares if you got a few rich dipshits holding the hundred billion dollar market up with a few hundred million bucks... it's the market that you want vs just a few rich dicks.  "He can move $100 million dollars for $200, that's a great deal!"... but that dude that's trying to pay his $500 rent is also paying $200 to move his coins.  It's a bad deal.

 People can decide whether or not they want to use the bitcoin blockchain to move coins and get an estimation of fees before they make the choice to actually transmit their coins.... or how many to transmit.

Ever try to sell a Bitcoin to normal people at these levels?  You'll starve.

Yes you are making shit up.  Still trying to propagate myth that is not true.... but who cares if you are making shit up or not.. you have some kind of mission to spout out dumbass BIG BLOCKER and bitcoin naysayer talking points.

You got to go to certain places that have these few rich dick funds.  Bitcoin is way overpriced right now and the market is doing speed wobbles.

I expect Bitcoin under $5,000 by OCT.

 I doubt that you are going to get coins that low, but hey, if you are putting your money where your mouth is, then who really cares if you are correct or not, because if you are correct, you will be able to laugh all the way to the bank, AmiNOTrite?

[HairyMaclairy]

Lads - tell us all a story. What is the best way you almost died?  

Similar story, too young driving a 350z, doing 90 mph in the drain, lost traction and spun, I wasn't in any control but I barely dodged a semi hauling massive steel beams for a bridge, I slingshotted off the highway up and over a ditch and on to a hill. During the spin, I was peaceful and like "well this could be it." Afterwards the shock set in.

 Nice.  Took me awhile to figure out why you were driving in the drain.  

(Rain).  I have only spun once.  It was on a track day and I lifted off fast coming into a corner and then turned in sharply doing about 120kmh / 70 mph .  Got an intense lesson in liftoff oversteer that I won’t forget anytime soon.  

The car spun flat about six times and then very slowly spun into a tire wall.  It was only doing about 10kmh by the time it hit the tire wall and only made a mild dent in the front quarter panel.  Good scare though.  

[HairyMaclairy]

BayAreaCoins has been a big blocker government agent for a long time now.

[Patel]

I should really dig up some old JayJuanGee shitposts and get a good lol at how time makes him look like a dipshit.

Blockchain.com (AKA Blockchain.info) is basically altcoin central now because the market is shifting away from BTC because people aren't fans of waking up to $150 txid fees.  *shocker*

Want to know why Bitcoin is about to slip under 60% dominance in the cryptocurrency market?  Because lots of people lost lots of faith in it... who cares if you got a few rich dipshits holding the hundred billion dollar market up with a few hundred million bucks... it's the market that you want vs just a few rich dicks.  "He can move $100 million dollars for $200, that's a great deal!"... but that dude that's trying to pay his $500 rent is also paying $200 to move his coins.  It's a bad deal.

Ever try to sell a Bitcoin to normal people at these levels?  You'll starve.  You got to go to certain places that have these few rich dick funds.  Bitcoin is way overpriced right now and the market is doing speed wobbles.

I expect Bitcoin under $5,000 by OCT.

Shhhh the truth hurts some.

But the Bitcoin under $5,000 prediction is not likely imo.

Although, when looking at all the blockchain communities individually, I feel there are other projects which will be gaining on BTC in the months and years to come.

Bitcoin is great but it has many flaws, which many "maximalists" in the community will try to defend till the death. Heck, I am a BTC maximalist in a sense because that's 80%+ of my portfolio, but it does have flaws. But i'm not a die hard loyal to any blockchain. If something better comes along, i'll happily dump and move over. But as of now, nothing can really beat BTC at the moment.

Although, privacy, scalability, decreasing mining subsidies (2 halvings in the future I think), very slow if not impossible to add features which require hard forks. We're seeing mining fees very low right now, which is cool, but people won't be willing to pay $100 to get into the next block. This alone will drive users to other chains which can provide the utility and liquidity they are looking for.

I've been following this industry closely since 2011, and I'm extremely bullish on the cryptocurrency industry in general, but I do foresee other projects gaining traction against BTC.

Although, I think BTC will remain the market cap leader for quite some time.

[HairyMaclairy]

So tell us oh shitcoiner, what is the next Bitcoin?