Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7249. (Read 26726051 times)

Observing 11700$

I've seen figure of up to 4 quadrillion for the 'everything else' markets: bonds, derivatives, land, debt... . Doesn't affect your argument. A lot of that is just fake anyway.

all I really see is oh when we 100x we overtake US stonks, "conservatively" in 2 halvings' time

Did you know: 85% of equities/commodities are owned directly by wealthy sovereigns, central banks, investment banks, Wall Street investment funds, hedge funds, etc. Only 15% of those same investment vehicles are owned by mom and pop retail investors (actually not even owned; leased is a more accurate term...they don't really own shit). And as the Baby Boomers continue to retire and sell off their stock investments to live, and as more corporations continue to buy back their stock with freely printed money, that 15% figure is going to continue to shrink.


Yes I know this. But it's growing bigger and bigger with each passing year. It's gaining in popularity. And those other markets you listed? Gold, Silver, Oil, and everything else? Those are markets that the Cabal controls. Bitcoin, they don't control. And it irritates the shit out of Wall Street.

If not, then why would the likes of Jamie Dimon or Warren Buffett even bother to comment on Bitcoin at all? Why wouldn't they just ignore it entirely? Why would the Mainstream Media spend so much time and effort, year after year, publishing hit piece upon hit piece against Bitcoin if it weren't such a threat?

Who indeed controls the stock market? Give me a name. Just saying "they" is what makes you come across as a conspiracy theorist.

As if the crypto market doesn't have as much or even more potential for corruption? It's delusional to believe otherwise, just as its delusional to think the entire crypto market represents more than a blip on the overall size of trade-able markets.

Total market cap of all cryptos: $0.363 trillion
Total market cap of 3 biggest US stock exchanges: $35.503 trillion

So without adding in commodities and other stock markets, this is about 1% the size of the NYSE, NASDAQ and OTCQX. Adding in the rest of the top 25 global stock markets raises the total to $78 trillion; adding conservative estimates of the following:

Gold = $9 trillion
Silver = $6 trillion
Oil = $4 trillion
Everything else = $3 trillion

= $100 trillion dollar total trade-able market. So we're now down to the crypto market representing 0.363% of this amount.

The investors that make up the crypto market are just a speck on the overall market. Nobody is missing their money, and they aren't being covertly brainwashed to come back to the stock market by some random guy on Twitter. Just block him. Problem solved.

the noon wall report

Continuing the battle at the 0.236 medium fib, bitcoin is currently trading near $11,678.00 

The closing of another weekly candle in just over four hours should offer further insight into what appears to another massive bullrun for bitcoin on the horizon.


1h


Fairly clear delineation of the s/r level we have been testing at the 0.236 fib. I think we might test $12kish again soon.   #dyor
4h

#stronghands

You did not even qualify with #nohomo, you fuck!!!!!  





You are a BIG MEANIE, V8!!!!

Meanie to "random" avatar peeps on the interwebs!!!








Ps:
Oh... I overlooked saying congrats to JSRAW and the purported upcoming family. #nohomo

Doing your part to add to HODLers, one at a time.^tm  

Congrats to you. Sorry I don't have much in the way of gifts outside of merits. Maybe you can sell your newly gained sMerits for a nice cigar on MeritTraders.io. And I promise not to go tell your family. Drunk IRL for the first time?? Damn that's quite an accomplishment as well! Perhaps even moreso than having children as it can only happen once. You seemed pretty relaxed for being an alcohol virgin before this point, which is a compliment on your overall demeanor.

Sure, I am kidding in regards to having some funzies with the picnic bear, but I am not really kidding in regards to substance.


Do you mean that anyone who had an account on bitfinex and some value (whether BTC, other crypto and/or fiat) on bitfinex as of August 2, 2016 took a bath?

Yeah, I remember you whining about various aspects of bitfinex at that time too... so sure, you have been whining for a while, and in regards to myself, I doubt that the "bath" that I took was significantly more extreme than anyone else who had value on bitfinex as of August 2...

Sure, some members reacted more extremely regarding the situation with a kind of presumption that bitfinex was employing an exit scam, and retrospectively, many of us have realized that those extreme scenarios did not seem to play out, and bitfinex ended up rising from the ashes in a way that caused the extreme actors to experience greater baths than the ones who played their hands more modestly - and yeah, I do not presume that bitfinex was either acting honestly or even that they did not financially benefit from the whole situation - and of course, we still do not know for sure whether the hack was an inside job even with the passage of more than 4 years and even with varying degrees of ongoing skepticism about bitfinex's integrity or their employment of tether and the impending death of tether and blah blah blah.

Yes.. you have seemed to have come off as ongoingly bitter about that bitfinex/tether situation, so maybe we can applaud you for that level of consistency, picnic bear (to the extent that "consistency" is a plus, lil hobgoblin bear...soooo cute!!!!!... ).


Who fucking cares?  If you hold tether at this point, you can market sell it for $1, and if you want to buy tether at this point, you can get it for $1.  Sure, if you do not want to be in tether because you feel uncomfortable or whatever blah blah blah, then get the fuck out of it.   You can use tether to move between assets and exchanges, and hold a certain amount of consistent dollar peg, and seems that Tether's dollar peg has held up pretty damned well for the past 4 years for some strange reason.  Go figure?

And sure, such dollar peg could come crashing down at any time..  Do I look like a fucking cheerleader for tether?  I hardly give any ratt's ass about tether except that it seems to be working for some purposes for some people to be able to move or hold value that they want to have pegged to the dollar for the time that they hold the tether.. and sure, such pegging works until it does not... so, ultimately, I never said that the promises of tether's ongoing peg to the dollar or whatever is as good as gold, you strawman creating twat.       .. .and even if I did say something that could be interpreted as being excited about tether (which I doubt that i did), who fucking cares?  You think that I am in bitcoin in order to get excited about tether or some other seeming quasi-centralized and difficult to understand utility/liquidity token like that?    


Hahahahahaha

Humorous, AlcoHoDL.... but at the same time, serious.. 

that was not the intention of the ditty  
it's an expression

A big question and RAW surely going to investigate this in near future.

It's well worth it.

No you are not.

Grats JSRAW.  Best of luck mate.

Drunk for the first time
and not great at cricket. But
who's the Daddy now?

Good morn Bitcoinland.
One one six fifty dollars
(Bitcoinaverage).

Congrats JSRAW
To you and your "partner"
And your wee hodler.

Hopefully he'll be
A millionaire before he's
Ready to start school.

Sorry but I completely, 1000% disagree.

The corrupt Wall Street trading cabal (of which Jim Cramer is a shill mouthpiece for) is worried about Bitcoin. Not about it taking over the world or anything like that, but because retail investors and traders are excited about trading/hodling in a digital commodity that the Cabal themselves cannot control. Because it's too late for them to come in and corner the Bitcoin market.

1. They cannot corner the Bitcoin market, i.e. gain 90%+ control over minted bitcoin, because the majority of mined bitcoin is already in the hands of "not-Wall Street". And the hodlers are spread out all over the world. This happened in the beginning years when Wall Street was laughing at and largely ignoring Bitcoin as a penny stock scam. They didn't even understand what it was exactly or why it should have value.

2. Bitcoin has to be mined by miners. The Cabal cannot artificially inflate it vis a vis just print more bitcoin, do phantom bitcoin, or fractional reserves (that last task is in the hands of the crypto exchanges, ones that they cannot control).

3. Because they cannot get huge, significant amounts of bitcoin for free, they cannot massively short it either.

4. They are accustomed to using massive leverage to move stonk markets (think 1000X or more), but that type of leverage is not permitted by the crypto exchanges because of risk management.

5. If they want huge amounts of bitcoin to play with, they have to buy it OTC or on the market exchanges like everyone else. And the amount they want has to be available. This is NOT how Wall Street does things.

So therefore they have little interest in Bitcoin itself, other than Bitcoin is luring Average Joes away from the corrupt stonk markets that they DO INDEED control. And this irritates them beyond belief. They literally WANT Average Joes back into the corrupt stonk market where they can rekt them all day long.

Poor you, you won't sleep for a year !

Kidding. When my niece was born I offered her a paper BTC wallet with corn on it that I add to for her birthdays and christmas.

re: OT relief      

https://eyes.nasa.gov/apps/orrery/#/home


------


congrats JSRAW and fam

+3 WOsMerits

Sounds like he likes to go in raw

Congratulations on the upcoming new addition to your family ! Wishing you and yours well, and hoping it's a smooth pregnancy and delivery.

Cheers, brother.

I'd have a beer to celebrate with you, but going through a phase where I'm completely cleansing myself. Have cut out alcohol and ganja for the last month and a half or so.

Losing all the beer carbs has made me sexy as all heck ! Whee...

There was a young coiner called J S Raw
Who cuddled up to his missus for 'more'.
Despite the prospect of family mess,
Surprisingly she said, "Yes Yes".
And now they're expecting one more Raw.


Many congratulations brother.