Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13773. (Read 26712362 times)

legendary
Activity: 2548
Merit: 1245
Bitcoin feels a bit stuck at the moment, stuck between a rock and a hard place.
Stuck between two opposing forces, kinda like this :



Just let it go already --> https://www.youtube.com/watch?v=moSFlvxnbgk

Edit : oh fuck, i just brought us back to Disney
legendary
Activity: 2254
Merit: 1043
We don't need to read the charts to know when to buy the dip because Bittard shows up with diarrhea of the fingers every time!

And markj113 shows up to brag about the gold and lambos that he claims to own but can't prove it.  Roll Eyes

"When trolls on parade, buy the fucking dip."


legendary
Activity: 3794
Merit: 5474
We don't need to read the charts to know when to buy the dip because Bittard shows up with diarrhea of the fingers every time!

And markj113 shows up to brag about the gold and lambos that he claims to own but can't prove it.  Roll Eyes

"When trolls on parade, buy the fucking dip."
legendary
Activity: 1722
Merit: 1217
I'm mostly a fan of simpler metals, like aluminum, steel and titanium. I need to see it formed into something, this calms my mind Smiley
It's a pleasure to talk to you, because you seem to understand the game. Even if our views on some things are different, it doesn't matter, because we are able to express ourselves in a respectful and constructive form.
I'm not proud of it, but I mostly come here to troll. Religious people have always brought out the troll in me, and I haven't found a better way to converse with them yet. From time to time, it's a pleasant surprise to see that you can actually express yourself as an human being and it will be understood.
Those metals are not great for stacking though as they are not value dense if you hold the physical metal.

Silver is bad enough, you can cram a lot of money in gold into peli case Wink

You know it's a bad day for bitcoin when everyone is like "hey lets talk about precious metals instead". Cheesy
legendary
Activity: 2254
Merit: 1043
I'm mostly a fan of simpler metals, like aluminum, steel and titanium. I need to see it formed into something, this calms my mind Smiley
It's a pleasure to talk to you, because you seem to understand the game. Even if our views on some things are different, it doesn't matter, because we are able to express ourselves in a respectful and constructive form.
I'm not proud of it, but I mostly come here to troll. Religious people have always brought out the troll in me, and I haven't found a better way to converse with them yet. From time to time, it's a pleasant surprise to see that you can actually express yourself as an human being and it will be understood.

Those metals are not great for stacking though as they are not value dense if you hold the physical metal.

Silver is bad enough but you can cram a lot of money in gold form into peli case Wink
full member
Activity: 417
Merit: 220
Strawman much?
First off, I originally specifically said "Gold's monetary utility is also easily replaceable.", already taking into account that gold has other utility than just the monetary one.
Secondly, I was talking about the concept of intrinsic value in general.
Intrinsic value is based on the important needs of society.

Says who? Intrinsic means an inherent property of the object it's self. So for example a gold bars refraction index is an intrinsic property, it's elemental makeup is an intrinsic property. The atomic weight of it's atoms would remain the same even if there were no one around to observe it because that is an intrinsic property. But value? In order for it's value to be an intrinsic property it would need to have a consistent value even in the absence of people around to place a value upon it.
100% this.
member
Activity: 154
Merit: 10
.
Nice pieces, but aren't their historical value higher then the value of their gold content?

Yes but same principle applies to old gold sovereigns for example that are over a hundred years old but only worth bullion values.


Do you even listen to yourself?  Intrinsic value is based on the needs of society....  
How do you call the needs of a society "intrinsic" to a piece of gold?  
And then you call me confused...

I thought he made that clear - industrial uses.  There are also cultural uses such as wedding rings and other jewellery, dentistry etc.

I'm mostly a fan of simpler metals, like aluminum, steel and titanium. I need to see it formed into something, this calms my mind Smiley
It's a pleasure to talk to you, because you seem to understand the game. Even if our views on some things are different, it doesn't matter, because we are able to express ourselves in a respectful and constructive form.
I'm not proud of it, but I mostly come here to troll. Religious people have always brought out the troll in me, and I haven't found a better way to converse with them yet. From time to time, it's a pleasant surprise to see that you can actually express yourself as an human being and it will be understood.
legendary
Activity: 1722
Merit: 1217
Strawman much?
First off, I originally specifically said "Gold's monetary utility is also easily replaceable.", already taking into account that gold has other utility than just the monetary one.
Secondly, I was talking about the concept of intrinsic value in general.
Intrinsic value is based on the important needs of society.

Says who? Intrinsic means an inherent property of the object it's self. So for example a gold bars refraction index is an intrinsic property, it's elemental makeup is an intrinsic property. The atomic weight of it's atoms would remain the same even if there were no one around to observe it because that is an intrinsic property. But value? In order for it's value to be an intrinsic property it would need to have a consistent value even in the absence of people around to place a value upon it.

You say it's important for making electronics. You know there are people out there who do not value electronics right?

I get that you are trying to point out a distinction between more abstract reasons for valuing things vs more concrete lower order production type reasons for valuing things, but intrinsic is just not the right word for that. It just confuses people and everyone starts talking past each other.
full member
Activity: 417
Merit: 220
Nice pieces, but aren't their historical value higher then the value of their gold content?

Yes but same principle applies to old gold sovereigns for example that are over a hundred years old but only worth bullion values.


Do you even listen to yourself?  Intrinsic value is based on the needs of society....  
How do you call the needs of a society "intrinsic" to a piece of gold?  
And then you call me confused...

I thought he made that clear - industrial uses.  There are also cultural uses such as wedding rings and other jewellery, dentistry etc.
Jezus people.  I realize that gold has utility.  I know that you can use it for jewellery, electronics etc. .
I was talking talking about the bullshit concept of "intrinsic value", which is right out there with phlogiston.
At this point I feel like I am highjacking the thread though, so I'll quit talking about it (for now Grin).
legendary
Activity: 2254
Merit: 1043
for you retard:



dont get any ideas bob

$425, cheaper and more fun to get a few bottles of this to achieve the same result

member
Activity: 278
Merit: 44
May the new gold be as successful as the old one! Cool

Indian Jones -Raiders of the lost ark II just wouldn't be the same with a paper wallet instead of a gold idol now would it Smiley


Or a ledger in his pocket :p

Just googled the price of those babies, I was referring to the 'having value within 500 years'.
But I could settle with 1BTC equals 1 of those coins too you know https://www.ebay.com/itm/SPAIN-1718-ONLY-1-KNOWN-8-ESCUDOS-NGC-61-MINT-STATE-GOLD-DOUBLOON-COIN-COB-/302318932336

legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
https://www.youtube.com/watch?v=oALKAh_bL5g
I hope that this lightens the mood Smiley I for instance am currently quite drunk Smiley
for you retard:



dont get any ideas bob
legendary
Activity: 2254
Merit: 1043
Nice pieces, but aren't their historical value higher then the value of their gold content?

Yes but same principle applies to old gold sovereigns for example that are over a hundred years old but only worth bullion values.


Do you even listen to yourself?  Intrinsic value is based on the needs of society....  
How do you call the needs of a society "intrinsic" to a piece of gold?  
And then you call me confused...

I thought he made that clear - industrial uses.  There are also cultural uses such as wedding rings and other jewellery, dentistry etc.
full member
Activity: 417
Merit: 220
Intrinsic value is based on the important needs of society.
Do you even listen to yourself?  Intrinsic value is based on the needs of society....  
How do you call the needs of a society "intrinsic" to a piece of gold?  
And then you call me confused...
legendary
Activity: 2254
Merit: 1043
May the new gold be as successful as the old one! Cool

Indian Jones -Raiders of the lost ark II just wouldn't be the same with a paper wallet instead of a gold idol now would it Smiley





member
Activity: 154
Merit: 10
.
Strawman much?
First off, I originally specifically said "Gold's monetary utility is also easily replaceable.", already taking into account that gold has other utility than just the monetary one.
Secondly, I was talking about the concept of intrinsic value in general.

Firstly, I said that bitcoin would be far worse to use as gold as an monetary asset, because it has no intrinsic value, and that creates more instability. Now when you are telling that intrinsic value doesn't exist, then you are either trolling me or just confused Smiley Intrinsic value is based on the important needs of society. Electronics is a very important need in today's society. Telling that intrinsic value of gold is bullshit, is saying that we could very well live without electronics. Yeah you could. There are plenty of people living like that in PNG, go visit them and see how well their economy is doing Smiley

Please don't try to provoke needless arguments with me. While talking with markj113, I really felt good that I'm talking to someone who isn't a religious fiend. Please don't ruin this experience for me Sad Bad intentions bring out the worse in me Sad

This shows the power of gold as a monetary asset.

This is my Double gold Doubloon from Spain's King Phillip II's rein in the 1500's.

It still has purchase power 500 years later due the gold content.





Nice pieces, but aren't their historical value higher then the value of their gold content?
member
Activity: 278
Merit: 44
May the new gold be as successful as the old one! Cool
legendary
Activity: 2254
Merit: 1043
Strawman much?
First off, I originally specifically said "Gold's monetary utility is also easily replaceable.", already taking into account that gold has other utility than just the monetary one.
Secondly, I was talking about the concept of intrinsic value in general.

Firstly, I said that bitcoin would be far worse to use as gold as an monetary asset, because it has no intrinsic value, and that creates more instability. Now when you are telling that intrinsic value doesn't exist, then you are either trolling me or just confused Smiley Intrinsic value is based on the important needs of society. Electronics is a very important need in today's society. Telling that intrinsic value of gold is bullshit, is saying that we could very well live without electronics. Yeah you could. There are plenty of people living like that in PNG, go visit them and see how well their economy is doing Smiley

Please don't try to provoke needless arguments with me. While talking with markj113, I really felt good that I'm talking to someone who isn't a religious fiend. Please don't ruin this experience for me Sad Bad intentions bring out the worse in me Sad

This shows the power of gold as a monetary asset.

This is my Double gold Doubloon from Spain's King Phillip II's rein in the 1500's.

It still has purchase power 500 years later due the gold content.



member
Activity: 154
Merit: 10
.
https://www.youtube.com/watch?v=oALKAh_bL5g
I hope that this lightens the mood Smiley I for instance am currently quite drunk Smiley
legendary
Activity: 3808
Merit: 7912
We don't need to read the charts to know when to buy the dip because Bittard shows up with diarrhea of the fingers every time!

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