Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10134. (Read 26731489 times)

And that looks like resistance turning into support on our impossible dream line.  Go figure. 

You braindead, idiot scammers in this thread have NEVER once explained how the price of Bitcoin can go to $500k or even $50k while cost of production is $3-6k.  Nobody would ever buy a coin for $500k when they can simply mine one for $3-6k instead.  And mining CAN'T expand by an order of magnitude to drag cost of production up or it would use more power than the entire United States.  The crypto pump and dump scam seriously is butting up against the limits of the natural world now but that sure doesn't stop you scammers from posting complete bullshit 24 hours a day.

Ditto.

By breaking $10k the honey badger sent us all this message.

Aaaand down we go :/

Alrighty then. We had a quick drop and held above 10000. Was that enough correction to take us to 15000?

Another scumbag roach post full of bullshit lies as usual.

blah blah blah jews ... blah blah blah metals ... blah blah blah non-fungible ... blah blah blah centralized ... blah blah blah digital shitcoin ... blah blah blah transaction validators ... blah blah blah rube goldberg ... blah blah blah schelling point ... blah blah blah permissioned ledgers ... blah blah blah garbage human beings ... blah blah blah imaginary valueless ... blah blah blah artificial keynesian ... blah blah blah exter's pyramid ... blah blah blah social credit score system ... blah blah blah idiot ... blah blah blah scam ... blah blah blah tard ... blah blah blah fundamentals ... blah blah blah I'm really angry for some reason ... blah blah blah buy high sell low.

I planned to buy in big at 2700-2800.  I knew 3000-4000 was cheap long-term, yet I got greedy again, still beating myself up about that.

I only ended up re-buying half of what I had originally planned - why couldn't we have just panic bought like bitches instead of being so methodical?

Still, can't complain.

F*** r0ach and gembitz on the same page

yeah that means.....

HODLsleep



^
Goodnight fellow WO-members !!!!!!!!!!!!!!!!

Don't mind it LFC I know u know what you saw and met with ..... r0ach is just a real respect-less guy ....  

It kind of pissed me off. I was taking my sweet ass time accumulating in the $3K-$4K range. I assumed we'd probably still be there now.

Another scumbag Dyask post full of bullshit lies as usual.  Bitcoin devs themselves in the past from Gmaxwell to The Gavinator all seemed to make believe that it was inevitable ASICs would undergo commodification and hinted that Bitcoin would be completely pointless and valueless if they did not.  And this is the god damn developers, not fucktard pump and dump scammers like you.  Newsflash:  they never did and there is absolutely no reason for them to ever.  Even Luke Jr refers to ASICs as the equivalent of a pyramid scheme where you buy one and then the ASIC maker uses that money to build ten for himself.

The entire purpose of Bitcoin mining is to attempt to make it an open entropy system.  If the door fee to even get into the game is having millions/billions of dollars to design chips and build a state of the art foundry, then Bitcoin mining doesn't even serve a purpose because it's essentially a closed entropy system again run by four companies:  TSMC, Global Foundries, Samsung, and Intel.  As for metals mining, yes, large companies can use economy of scale or concentration of massive capital to exert advantages over the common man, but Bitcoin mining is a ubiquitous, winner take all pool where a monoply takes everything and metals are not.

If Barrick spends billions on creating state of the machines to mine gold that no other humans or civilizations on the planet can compete with, does that mean they get all the gold in the world?  No.  They do not get to magically tunnel under your house to steal your minerals.  You can get down there with a shovel and get them yourself if you want to, but you can't feasibly mine Bitcon by hand.  They would get to leverage their monopoly to steal all the Bitcoins in the world, though; because like I said, Bitcoin is omnipresent and ubiquitous - it's designed to faciliate corporate monpoly while metals are not.  As for your jackass claims about "metals having no value because you can find them in space durrr", I already shut you down and made you look like an idiot multiple times with these claims because the cost of production is laughable and not even feasible in the first place.

Hydra......??

= Kialara...

It's truly jaw-dropping to think we may never see four digits again. Everybody thought there'd be copious time to accumulate... nope.

Good thats close to ATH!!!!

IMO moon and $13,800 was not the top. Follow 3 day RSI and look for a top to form when 3 day RSI is over 90. I believe $10,300 was the local bottom.

I'll leave the panty wearing to the lefties. I prefer the term "rustled jimmies"

A history of flash crashes on exchanges where some people got bitcoin at $1000 when it was over $6000 per coin. And when kraken was selling a bitcoin for $100 in canadian money which is around $74 usd.
https://blog.sfox.com/bitcoin-flash-crash-short-history-cbcb0d6bc6a5

He willfully ignores the fact that people deemed "alt-right" are prime examples of perfectly normal, functional, human males over the last 5000 years while he's dysfunctional with a mental disorder based on inferiority complex (leftism) and attempts to make himself feel better by claiming everyone else is the abnormal one instead of him.