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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13294. (Read 26732153 times)

legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
I am a twat.

Indeed.

I put my sex change fund in.
I put all my personal work product into it. I feel like John Galt, working for paper money to pay the paper bills but working for bars of gold for the real world.

Except it's bitcoin.
legendary
Activity: 1464
Merit: 1136


Mmm opening WO, and first thing to see Just an Arrow UP thats what i like

Not only an arrow up but the ONLY option.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
legendary
Activity: 1464
Merit: 1136
What do the Wall St Observer guys think of this?

https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

Bitcoin being suppressed by cartel

Interesting narrative but I'm not sure bitcoin price and sentiment will ultimately be held back by futures and the likes of things which are not bitcoin and just like the community rejected bcash as the one true coin,  we will not settle for less than controlling private keys. It's part of the attractive fundamentals don't ya know.  And I think it's highly unlikely that bitcoin could be tamed like this while its usefulness continues to grow with today's power struggles.  Probably well written FUD is my guess.
legendary
Activity: 3920
Merit: 5565
Note the unconventional cAPITALIZATION!
If this pump-dump scheme will repeat some cycle, bitcoin will be considered a very bad store of value, and indeed it will be.
A good store of value is something that everybody trust is worth something now and will be worth something in the future, and that mantain value over time

You don't get to be a store of value without an insane amount of wreckage on the way up, especially when it starts literally at zero.

Bitcoin fans simultaneously believe it's much bigger and much smaller than it actually is. To be a global store of value, and a stable one, it has to be many times larger than it is now which means plenty more outrage to come.

Anyone parking their retirement funds in this at this stage is a twat.

I am a twat.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
If this pump-dump scheme will repeat some cycle, bitcoin will be considered a very bad store of value, and indeed it will be.
A good store of value is something that everybody trust is worth something now and will be worth something in the future, and that mantain value over time

You don't get to be a store of value without an insane amount of wreckage on the way up, especially when it starts literally at zero.

Bitcoin fans simultaneously believe it's much bigger and much smaller than it actually is. To be a global store of value, and a stable one, it has to be many times larger than it is now which means plenty more outrage to come.

Anyone parking their retirement funds in this at this stage is a twat.
member
Activity: 124
Merit: 11
if success is global adoption.
it isn't

Are we officially aiming at lambo now?  Is this the new satoshi's vision?


[notrolling]
maybe first layer (the pure Bitcoin blockchain) will be used as a store of value to replace Gold and of course as the basis of the second layer. second layer will then lead to fast global payments and other use cases.

timeframe for this 5 to 10 years again.
[/notrolling]

If this pump-dump scheme will repeat some cycle, bitcoin will be considered a very bad store of value, and indeed it will be.
A good store of value is something that everybody trust is worth something now and will be worth something in the future, and that mantain value over time
legendary
Activity: 3920
Merit: 5565
Note the unconventional cAPITALIZATION!
Limp wristed... *mutters to self*

https://twitter.com/BigRekts/status/1033001232410005506




I'm not certain we'd be able to break below 5k easily and my bet is a 5200 hard bottom.

At $5,200, I bet BitMain would commit sudoku.

https://twitter.com/btcking555/status/1033003486353481729


I am gonna COUNT TO NINE!! And then I am going to turn this damn TRAIN AROUND!
copper member
Activity: 2898
Merit: 1465
Clueless!


Forbes 2011...indeed...made my day...that is what is so great about bitcoin for the press. One week you can FUD the heck out of BTC and then flip the next week and say

moon ...and you have constant news and constant ad $$$ coming in. Rinse/Wash/Repeat. Man, journalism-wise it is 'have your cake and eat it too!'

Easy/Peasy Ad revenue...cover BTC advocates and BTC haters...all looking at your articles and all seeing your Ad's etc

Grist for the Mill!

Brad
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Are we officially aiming at lambo now?  Is this the new satoshi's vision?

Nope. This will fizzle out and the principles of self starting, decentralisation and egalitarianism will win out.

So when the next Consensus comes round I expect NY to be filled with Africars.

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
if success is global adoption.
it isn't

Are we officially aiming at lambo now?  Is this the new satoshi's vision?


[notrolling]
maybe first layer (the pure Bitcoin blockchain) will be used as a store of value to replace Gold and of course as the basis of the second layer. second layer will then lead to fast global payments and other use cases.

timeframe for this 5 to 10 years again.
[/notrolling]
sr. member
Activity: 392
Merit: 254
if success is global adoption.
it isn't

Are we officially aiming at lambo now?  Is this the new satoshi's vision?


Global adoption of douchmobiles isn’t success either
member
Activity: 124
Merit: 11
if success is global adoption.
it isn't

Are we officially aiming at lambo now?  Is this the new satoshi's vision?
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.


Mmm opening WO, and first thing to see Just an Arrow UP thats what i like
hero member
Activity: 1011
Merit: 721
Decentralize everything
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Hm. Well, Lamborghini released a faster car, current price 79 bitcoins...

https://money.cnn.com/2018/08/24/autos/lamborghini-aventador-svj/index.html




Still too much though, I'd say it's worth about 10btc tops.
member
Activity: 124
Merit: 11
I also would like to predict that no matter how things will unfold summer will finish. Then we will have a mild autumn followed by a cold winter. Eventually, spring will arrive

Huge pump-dump cyclical schemes are not a "natural" thing, this is the pattern that I suspect is more probable for the coming years in btc market, but for sure it can't last forever, and it's not the patway to success, if success is global adoption. Average Joe will lose trust.
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