Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16916. (Read 26714334 times)

 ;)shhhhhhhh

I'm thinking the person putting in the $12 million worth of bids is trying to win the ATH thing and collect the .25 BTC.

Rigged!

im in agreement here, r0ach should be engaged to clarify his oft-repeated claims but the facts are much more simple..

gold & silver are cumbersome at best, and subject to outright confiscation at worst.

even cash above a certain amount is viewed as suspect and therefore open for theft by govt proxy.

for me, gold is nothing more than an emergency back up like a bag of candles or waterproof matches in the event of an 'unforeseen' catastrophy.

and sadly, in my personal experience, when catastrophe strikes - the gold shops pull down their shutters and sit inside with the lights off for as long as it takes for 'disaster' to pass.

ive experienced this twice. with literal hordes of metal holding persons congregating outside with literally nothing to do other than wait.

to vilify cryptocurrencies at this early point in the game is absolute folly if not downright paid-for dishonesty!

Literally ANYONE listening to this blatant and years long FUD is committing financial suicide.

what has gold done since 2009?

what has crypto done since 2009?

Finally - try using gold ANYWHERE, to do ANYTHING...

The singular place you can get cash for it in a genuine emergency is 'cash4gold' rip off merchants who offer the scrap value for even bullion bars.

hold both, pray you never run out of either.

and DYODDFFS!!!

I agree, I used to be huge in favor of gold and silver. If I had an easy way to store it and was settled down somewhere I would have some. But Roach's constantly pushing it is like a used car salesman trying to get rid of his inventory at an overvalued price.

Hahaha, yeah.
But the difference is, many "goldsters" are interested in BitCoin and most of them like to discuss it. On the other side, I was really thinking of buying some gold and silver (just for diversifying the portfolio) but this pointless flaming of roach is getting me away from it  
I wonder why it even does anything to me, but most of his statements are so off the road, I don´t know if laughing, crying or just feeling ashamed for him is my inner reaction  . Certainly it makes gold and silver unsympathetic (which it propably shouldn´t, because he shares somehow inconsiderable statements, they shouldn´t even be a "pro" or "con" anything)

Concerning the walls: How to get in the market once you want to buy big amounts of BTC? Propably by not building up that massive walls, but you might fill up the bid side anyhow, right?

https://bitcointalksearch.org/topic/how-do-you-manipulate-the-price-of-bitcoin-1512965
https://bitcointalksearch.org/topic/m.15222331

I would think after all these years of watching walls, you of all people would understand what they represent.

Elwar commented on that very thread about it 2 posts later.

Edit:
My guess would be they are gathering up large sums of fiat on their short positions they are opening. Getting ready for the weekend dumping.

Hahaha. I've had those same conversations. I've sort've been the bitcoin guy in my circles. I've had more people ask me about the coin who shall not be named over the last few months than have asked me about bitcoin in the last couple years.
I guess a lot of people think they missed the boat on BTC, so they're looking for the next big thing.

Someone?

With such well distributed bids it has to be several people. It's not like one person poorly made it look like there are several bidders. 

... yeah someone has plonked $12 million down to bid up bitcoin so he can get more fiat ...  

Maybe you will get to sell a bitcoin or two at a higher price.  Maybe not.  Eventually the ghost of Ron Paul will come calling to haunt you daring to participate in unsound money:

http://www.youtube.com/watch?v=u-8kmPJKGgM

Actually they probably just want to sell them for a higher price.

https://image.prntscr.com/image/4No5MA5kQDuJpSt9YJA-cw.jpeg

someone sure wants dem bitcoins

This has been me all summer.


Friend: Hey I guess I should have listened to you this whole time when you told me to buy bitcoins, good for you. Can I ask you a question?

Me: Sure (thinking: ok, time to point him to a bitcoin exchange finally)

Friend: I've been reading about this new up and coming cryptocurrency , do you think I should invest in this new coin?

Me: *facepalm*

You quoted the "dump the dollar and buy anything but the dollar" trade.  Both the dollar and bitcoin are rent seeking usury schemes, but the dollar is loaned into existence so it requires infinite growth to not collapse for servicing the interest when combined interest is always higher than the principal.  

Since demographics have peaked in every nation that matters, and energy return on investment is also cratering, growth is over and the dollar is mathematically doomed unless interest rates are perma set to 0 or negative. Bitcoin doesn't require infinite growth to exist, all it requires is some greater fools, so it can outlive the dollar, but it's still a rent seeking usury scheme with built in middlemen while metals are not.

The wall Observer is a nice project and it serves a purpose. However there is nothing new that is needed to be said about it. The thread should be used for the the original announcement only. If there is new information it should be shared only. That will stop people from coming in and saying stupid things just to get attention.

Nice lying Marcus, but you know it's 100% true and not so called "FUD".  Bitcoin is a rent seeking usury system that introduces middlemen where middlemen should not exist.

I will repeat my statement again since you don't seem to understand why bitcoin is invalid as a settlement layer:

http://www.voy.com/64855/ ... funny things is they can't get enough about bitcoin on the thinking gold forums ... must really grate on roach that hehehe  

btw his debt-base doodoo is just some made up shit FUD that he likes to throw around recently, next week it'll be some more bitcoin BS FUDstering. On the whole roach is reflective of the extremely slow onboarding of the slower goldbugs. You can see the development of their thought processes as they go through all the old arguments and throw FUD up every time they think they've found the "flaw" in bitcoin ... it seems to good to be true to them.

But it isn't, it's just better than gold but not perfect. Perfect money probably only exists as an abstract concept, like Euclidian geometry. Useful as a concept for simplified analysis but will never exist in the real world. Even so, bitcoin is demonstrably better as a monetary instrument than gold on an overall analysis, each has it's own strengths and weaknesses but on balance bitcoin looks superior for the computer age. The free market for money will be the final arbiter of course.

http://www.zerohedge.com/

The Winklevoss are still mad at the jews and Larry Summers after facebook.  We could convince them to dump and destroy bitcoin while using the money to buy silver at the same time.  This would implode the bitcoin debt based usury system Larry Summers is trying to hoist on people, while also imploding banker's metals manipulation and sending silver to $100+ at the same time.  Profit while destroying your enemies in the process.  Win win.

Hey gang. I have no life and have run out of things to do in my mom's basement.

Does anyone know of a good gold speculation forum I can go to and talk about bitcoin all day? The only reason I would do it is that I have no life. I have no interest at all in gold but I think they would appreciate me talking about bitcoin in a place where they go to discuss gold.

Any help would be appreciated.