Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11691. (Read 26711580 times)
February 03, 2019, 01:06:26 AM
February 03, 2019, 01:04:13 AM
...
As usual, far too many pictures to explain that you have no idea where the price is going. Also, I'm convinced the world would be better off both socially and economically if the internet did not exist. New plan: destroy the internet.
But that aside, partly, yes. The problem is not the internet itself. It contains, literally, all of human knowledge in all of world history. The problem is social media. Facebook, tinder, twitter, all of those.
Smartphones is a drug. It is a literal drug, every notification gives a little dopamine kick. This is the problem that needs to be looked at.
Deleting Facebook, Twitter, and Tinder changes nothing. The internet is inherently a pro-globalization force, and globalization is bad for local economy period. It's always going to hollow out local communities and thrust everyone into centralized, dystopian monopolies like Amazon. Since it's 100% impossible to solve the decentralization problem of cryptocurrency where transaction validators are always designed to centralize, that's exactly what bitcoin does too.
It's all going just as Kaczynski predicted, even though he commented only on the social aspect and not economic aspect like I was talking about above, but the economic aspect is just as bad. The social aspect of it also devalues local players of the community just as it does for them economically. So, in other words, the internet makes the vast majority of people redundant with no reason to exist.
It happened to the romans, to the soviets, to every socialist society in the past century. Likely, it even happened to the mesopotamians more than 3000 years ago.
Only this time it is global, or damn near enough. We do not have the luxury of making policy based on emotion. We either look at what has happened, correlate it with modern knowledge of human psychology, and find an answer. Or what we call western culture ends. Within 20 years.
February 03, 2019, 12:59:06 AM
...
As usual, far too many pictures to explain that you have no idea where the price is going. Also, I'm convinced the world would be better off both socially and economically if the internet did not exist. New plan: destroy the internet.
But that aside, partly, yes. The problem is not the internet itself. It contains, literally, all of human knowledge in all of world history. The problem is social media. Facebook, tinder, twitter, all of those.
Smartphones is a drug. It is a literal drug, every notification gives a little dopamine kick. This is the problem that needs to be looked at.
Deleting Facebook, Twitter, and Tinder changes nothing. The internet is inherently a pro-globalization force, and globalization is bad for local economy period. It's always going to hollow out local communities and thrust everyone into centralized, dystopian monopolies like Amazon. Since it's 100% impossible to solve the decentralization problem of cryptocurrency where transaction validators are always designed to centralize, that's exactly what bitcoin does too.
It's all going just as Kaczynski predicted, even though he commented only on the social aspect and not economic aspect like I was talking about above, but the economic aspect is just as bad. The social aspect of it also devalues local players of the community just as it does for them economically. So, in other words, the internet makes the vast majority of people redundant with no reason to exist.
February 03, 2019, 12:47:50 AM
TrollJuanGee, one thing I think you people highly overestimate is cryptocurrency retainability.
Let's just look at your starting premise.. you are wrong.
Get all of those other fucking stupid ass cryptos out of your head. This is a bitcoin thread.
Do you really believe that Bitcoin has fewer users, hodlers and enthusiasts than it did in 2015? As you likely recall, 2015 was a similar down period of bitcoin's price after the two 2013 price peaks.
4 years later? You think that fewer people are stashing away bitcoins, and that is why the 2019 price is currently floating in the mid $3,000s while the 2015 price was floating in the mid-$200s?
You are delusional if you believe that BTC prices are going back to the $200s that would possibly reflect a level of participation similar to 2015.
Meaning, remember back when Poloniex had heavy trading volume in bullshit pump and dumps like Ripple? There were lots of big money players going in on that exchange and then getting fleeced to hell and back because the exchange couldn't even handle the traffic. So even if they had a profit position, the exchange would just implode and their position would now be at a huge loss by the time they could sell. The majority of those people will NEVER come back.
It is difficult to see the relevance of your example of both an exchange's inability (or perhaps incompetence as you seem to imply) regarding another crypto. So fucking what? Are you just trying to distract with bullshit here that is only relevant in some kind of abstract academic way? I am sure you could have thought of some better example regarding why there are fewer and fewer bitcoin HODLers.
Same thing with most/a lot of those Gox people and every other cryptoscam like Bitfinex. Anyone who actually makes it through and sells their coins at a large profit isn't coming back to buy new ones either.
You assume a lot, such as GOX/Bitfinex customer only had GOX/Bitinex exposure to bitcoin.
The only draw to craptocurrency is when people believe they're getting in on the ground floor of a pump and dump to dump on some other guy later. Crypto sheds tons and tons of people by the day, while Andreas Antonopolous attempts to scam people who were born yesterday to enter to replace them.
Yep.. you have been making this dumbass talking point for a long time, and even if your handlers want you to keep making it, it shows your ongoing failure/refusal to focus on bitcoin. Focus roach.. focus... This is a bitcoin thread. Not some amorphous discussion about how all the various cryptos are pump and dumps. Bitcoin no play that game, there is a bit more going on in bitcoinlandia than your simple wannabe framing of the situation. You want to assume away any bitcoin fundamentals and present the bitcoin story as if we are talking about speculation, only... Your ongoing wishful presentation does not line up with the facts, which continue to be the ongoing power of people to retain and control their value with bitcoin in a way that has never been experienced previously, even with your dumbass PMs, such as gold and silver.
February 03, 2019, 12:40:17 AM
...
As usual, far too many pictures to explain that you have no idea where the price is going. Also, I'm convinced the world would be better off both socially and economically if the internet did not exist. New plan: destroy the internet.
But that aside, partly, yes. The problem is not the internet itself. It contains, literally, all of human knowledge in all of world history. The problem is social media. Facebook, tinder, twitter, all of those.
Smartphones is a drug. It is a literal drug, every notification gives a little dopamine kick. This is the problem that needs to be looked at.
February 03, 2019, 12:29:05 AM
...
As usual, far too many pictures to explain that you have no idea where the price is going. Also, I'm convinced the world would be better off both socially and economically if the internet did not exist. New plan: destroy the internet.
February 03, 2019, 12:27:00 AM
We continue working to breaking above the resistance at the 0.5 fib. The battle however is still in the trenches at the 0.382 where we search for sustained support. Despite not having broken above that 0.5 we have managed a series of higher lows on the daily chart so far which may be indicating building support levels. Also of note is the marked drop in volume , usually a precursor to dynamic action. #dyor
1h
D
#stronghands'19
1h
D
#stronghands'19
February 03, 2019, 12:23:45 AM
TrollJuanGee, one thing I think you people highly overestimate is cryptocurrency retainability. Meaning, remember back when Poloniex had heavy trading volume in bullshit pump and dumps like Ripple? There were lots of big money players going in on that exchange and then getting fleeced to hell and back because the exchange couldn't even handle the traffic. So even if they had a profit position, the exchange would just implode and their position would now be at a huge loss by the time they could sell.
The majority of those people will NEVER come back. Same thing with most/a lot of those Gox people and every other cryptoscam like Bitfinex. Anyone who actually makes it through and sells their coins at a large profit isn't coming back to buy new ones either. The only draw to craptocurrency is when people believe they're getting in on the ground floor of a pump and dump to dump on some other guy later. Crypto sheds tons and tons of people by the day, while Andreas Antonopolous attempts to scam people who were born yesterday to enter to replace them.
The majority of those people will NEVER come back. Same thing with most/a lot of those Gox people and every other cryptoscam like Bitfinex. Anyone who actually makes it through and sells their coins at a large profit isn't coming back to buy new ones either. The only draw to craptocurrency is when people believe they're getting in on the ground floor of a pump and dump to dump on some other guy later. Crypto sheds tons and tons of people by the day, while Andreas Antonopolous attempts to scam people who were born yesterday to enter to replace them.
February 03, 2019, 12:20:58 AM
Based on history, you can assert that nobody needs bitcoin; however, we are living in a new world in which the computer and the internet has become a staple of modern human living. Within these modern changes, bitcoin has the potential to serve a very central role in terms of individual sovereignty and ability to control some of his/her value holdings and transfers.
You may be having difficulties understanding any "need for bitcoin" because you are trying to downplay the importance of modern living and perhaps you envision a world without modern communications.... perhaps a world in which gold and silver has a role, but since we are moving to a different kind of world and bitcoin has accomplished a kind of paradigm shift in what it is able to provide and likely to provide, you are deluded into thinking that no one needs it, merely because it had not existed before 2009, and really, has not achieved, so far, any kind of significant levels of adoption.
So, yeah, currently, we have a world in which less than 1% of the world has adopted bitcoin in any kind of tangible way, and that level of adoption still remains quite superficial. Part of the reason to invest into bitcoin continues to be recognizing a vision in which its adoption increases and also it's value and utility will increase along with that. If you do not hedge into bitcoin in any kind of way, then you will merely have to run after this bitcoin train at a higher price, and even you, dumb as you seem sometimes, are likely NOT even that dumb to completely miss the train, are you?
You may be having difficulties understanding any "need for bitcoin" because you are trying to downplay the importance of modern living and perhaps you envision a world without modern communications.... perhaps a world in which gold and silver has a role, but since we are moving to a different kind of world and bitcoin has accomplished a kind of paradigm shift in what it is able to provide and likely to provide, you are deluded into thinking that no one needs it, merely because it had not existed before 2009, and really, has not achieved, so far, any kind of significant levels of adoption.
So, yeah, currently, we have a world in which less than 1% of the world has adopted bitcoin in any kind of tangible way, and that level of adoption still remains quite superficial. Part of the reason to invest into bitcoin continues to be recognizing a vision in which its adoption increases and also it's value and utility will increase along with that. If you do not hedge into bitcoin in any kind of way, then you will merely have to run after this bitcoin train at a higher price, and even you, dumb as you seem sometimes, are likely NOT even that dumb to completely miss the train, are you?
Touche', JJG. Every once and a while, you appear somewhat smart. Rarely, however, have I seen from you actual flashes of wisdom. The above quoted post rises to this level.
Kudos, dude (or dudette).
February 03, 2019, 12:11:31 AM
Fuck Coinbase, Gemini is immediate for transfers, they credit it the ACH before it's in.
Not in the UK. Coinbase is near enough the only option (Well, Coinfloor recently reintroduced Faster Payments, but that's it).
Two words: Coinfloor; Nefario.
February 03, 2019, 12:06:44 AM
Bitcoin is so much smaller than Gold (and other PMs), which means there is room to grow.
This is not true. The market cap of bitcoin has been far higher than the market cap of above ground, investment grade silver. How can you claim bitcoin is some type of penny stock when it was one of the largest bubbles the world has ever seen? Nobody buying bitcoin is getting in on the ground floor of anything, that's for sure. If you were, CNBC Fast Money w/ Jim Cramer wouldn't be talking about it every day and trying to dump them on you.
February 03, 2019, 12:00:15 AM
but there certainly is no future in physical metals
I think I've discovered the world's greatest reverse indicator.
Huh? You are searching for some kind of possible reverse indicator about PMs in a bitcoin thread?
Nobody here cares.
That La Raza Mexican Bitserve and JayJuanGoyim's brains are not quite large enough to understand that since nobody on the planet actually needs bitcoins for anything, they're a pump and dump scam by default. If every single bitcoin instantly vanished, never to be seen again (not too hard, they're already imaginary), the world would keep on trucking completely normal as usual.
Based on history, you can assert that nobody needs bitcoin; however, we are living in a new world in which the computer and the internet has become a staple of modern human living. Within these modern changes, bitcoin has the potential to serve a very central role in terms of individual sovereignty and ability to control some of his/her value holdings and transfers.
You may be having difficulties understanding any "need for bitcoin" because you are trying to downplay the importance of modern living and perhaps you envision a world without modern communications.... perhaps a world in which gold and silver has a role, but since we are moving to a different kind of world and bitcoin has accomplished a kind of paradigm shift in what it is able to provide and likely to provide, you are deluded into thinking that no one needs it, merely because it had not existed before 2009, and really, has not achieved, so far, any kind of significant levels of adoption.
So, yeah, currently, we have a world in which less than 1% of the world has adopted bitcoin in any kind of tangible way, and that level of adoption still remains quite superficial. Part of the reason to invest into bitcoin continues to be recognizing a vision in which its adoption increases and also it's value and utility will increase along with that. If you do not hedge into bitcoin in any kind of way, then you will merely have to run after this bitcoin train at a higher price, and even you, dumb as you seem sometimes, are likely NOT even that dumb to completely miss the train, are you?
February 02, 2019, 11:59:06 PM
Hmm.
They are deleting my giant green dildo from Satoshis.place.
I think this calls for something drastic.
Now what text do I include in the next incarnation I upload.
Hmm...
They are deleting my giant green dildo from Satoshis.place.
I think this calls for something drastic.
Now what text do I include in the next incarnation I upload.
Hmm...
* BobLawblaw goes off to play in Pootyshoop
Haha. Something tells me I don't want to google 'pootyshoop'.
February 02, 2019, 11:56:30 PM
I’m feeling optimistic that tomorrow btc price will go up, but I’d still take sideways over down obviously lol
February 02, 2019, 11:39:21 PM
Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance. Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts. If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image). If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.
This upgrade is in response toconstant badgering a suggestion from Kylapoiss which forced me to learn a new skill. Seriously though, it does look much nicer - so clean. Great suggestion!
This upgrade is in response to
 |  February 02, 2019, 11:38:56 PM
I usually merit for lulz. But seeing as you are continually running dry... Even if true, that is a form of subtle (or not so subtle) merit begging... hahahahaha... I am running dry... Yeah, right... Haha. Poque moi? Running dry? Nunca mais, mon frere. Nein! Nyet! 0! Check you suppositions, JJG. February 02, 2019, 10:42:46 PM
c'mon LTC, .01, you can doooo eeeeet!
February 02, 2019, 10:41:42 PM
He was saying he bought BTC at $200, sold at $800, and used half his profits to buy silver. Hmm, I thought R0ach got out just before the finex hack. But the $800 price tag seems to indicate that he stuck around until January 2017. Unless he's rounding up a little. Then that would be in October 2016. Well played on his part. That's at least a 4x gain in couple of years. Of course, he could have stuck around for a year more and made 100x profit. But around the time just before the finex hack, you could tell he was getting sick of the price manipulation. The timeline could still almost work. Of course, you have to take whatever Roach says with a BIG ASS grain of salt, but it is possible that he could have sold very close to $800 before the Finex hack in June 2016 BTC prices nearly made it to $800..... perhaps the best would have been around $770, but close to $800. So combine his exaggerating with questionably plausible story about timing the almost exact top, then it could have gotten pretty close to what he said. It does become a bit more incredible, when you get troll/shills who supposedly (after the fact) had been able to time the exact top and bottom of that cycle, and then thereafter, make a dumb decision to completely get out of BTC and also to invest a BIG chunk into something dumb like PMs. February 02, 2019, 10:30:31 PM
Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance. Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts. If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image). If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it. This upgrade is in response to
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