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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8217. (Read 26710719 times)

hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
take some crude oil - thats down -20%  slippy as segwit

hahaha

you actually believe a fraudulent shitcoin is bitcoin

Of course he doesn't, h e   c a n 't   b e  that dumb. Roll Eyes
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
$8k, not bad.
I'm awaiting fiat. I hope it's available soon enough.
legendary
Activity: 3010
Merit: 8114
take some crude oil - thats down -20%  slippy as segwit

hahaha

you actually believe a fraudulent shitcoin is bitcoin

jokes on you

hahaha
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale

LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 Grin
Lol lol lol BSV to BTC down another 14% I wipe my arse with your white paper

take some crude oil - thats down -20%  slippy as segwit

hahaha
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed

LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 Grin
Lol lol lol BSV to BTC down another 14% I wipe my arse with your white paper
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
This was unexpected but I think this a very good opportunity to buy more Bitcoins!

Target - 7500~



17500
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale

LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 Grin
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Especially if your ass is hairy.

Hey now

Yeah - thought about you,
when I wrote ass - hairy down,
sleepy to rhyme bro.


#

But honestly, the best thing is just being able to take a shit in under 30 seconds and require very little to no toilet paper.

Hey, as soon as I smell espresso brewing in the morning, I'm gone in like milliseconds. Tongue
3 baby wipes per shit confirmed.
sr. member
Activity: 304
Merit: 380
Single toilet paper roll sells for $1000 Tongue
Toilet paper is the new shitcoin.
legendary
Activity: 3620
Merit: 4813
Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.

Yes, enjoy the show.
legendary
Activity: 3620
Merit: 4813
Single toilet paper roll sells for $1000 Tongue
legendary
Activity: 2184
Merit: 1540
Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.
No, but possibly with the virus as the excuse.

Another speculation....
One possible explanation of this dump..

Keyword : Plustoken
https://u.today/real-reason-behind-10-percent-bitcoin-btc-price-crash-revealed-by-analysts

Edit
Opinion/spec piece --when plustoken moved the 117m worth of BTC couple of days back
https://cryptoslate.com/chinese-scam-plustoken-is-moving-117m-in-bitcoin-research-firm/

More Old article : https://blog.chainalysis.com/reports/plustoken-scam-bitcoin-price
legendary
Activity: 2050
Merit: 1184
Never selling
Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.

As I said above the virus is not relevant any more, it has just exposed all the shit out there in the market. The shit being all the crap central banks have fucked up since 2008 in an attempt to kick the can further. All these issues were here well before the virus, the virus has just been the catalyst this time around.
legendary
Activity: 2268
Merit: 1278
Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.
No, but possibly with the virus as the excuse.
legendary
Activity: 2338
Merit: 1035
Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
This was unexpected but I think this a very good opportunity to buy more Bitcoins!

Target - 7500~

legendary
Activity: 2050
Merit: 1184
Never selling
No need to act like panicking stock boyz who cry like babies at a 5 percent drop, Bitcoiners were built for big swings. Its all just noise on the way to 100k.

Yes we are definitely going to 100k and this current global rout will probably even increase the speed that we get there. Money printing on the way.

Maybe global pandemic and a lot of the hoopla and hype about that can allow for the economy to correct, to some extent without having to engage in money printing?  If the global economy goes through a major correction, then it is merely blamed on a pandemic, and at the same time, there is an ability to reign in bullshit irresponsibilities in regards to various fiats, no?  Why does global pandemic automatically result in more currency printing when allowing a crash can actually accomplish similar kinds of corrective mechanisms that are actually needed in terms of allowing bubbles to play themselves out in free market kinds of ways, no?

I am not saying that bitcoin still would not do well in this situation, but I doubt that such a situation of a major correction in the fiat market (which seems to be far over due) automatically results in more printing, especially if there are many BIG players that realize that the overexuberance in money printing is way out of hand, anyhow.

It is not like everyone in the regular fiat world is stupid in terms of engaging in various strategies to attempt to continue to prop matters up and to allow some corrections to play themselves out, especially if such corrections are merely born by poor people, even though the status quo power players might get stuck in policies that are hard to get out of on a quite frequent basis.

For central banks, a correction is fine so long as credit (debt) is still being created by the private banks. If credit shrinks instead and hence the money supply with it, then we have deflation and that can not be tolerated for long. Deflation will destroy the modern monetary system and, governments and the institutions with it. Therefore, the CBs have to do what ever it takes to prevent this, and if they see credit creation decrease and even look like it is going negative they will print big time (and direct that printing where ever necessary) to try and get credit/debt going again.

To understand why a decrease in credit creation is so deadly is to understand how money is created. Hint, the CBs don't create most of the money (only the cash component) they instead generally create cash reserves. It is the private banks who expand our money supply (97% of supply is private bank money. Also peasants are only allowed to use CB money in form of cash not electronic). In short if private bank money is not being created (through new debt) nobody will be able to pay the interest component because there is not enough money in the system to do so.

So, this pandemic is a deflationary event, either through illness or panic, doesn't matter which. Therefore the CBs need to start printing those reserves up pronto to counter any deflation (contraction in private credit).

We can agree to disagree.  I just don't see the obvious link that continued outrageous levels of money printing is an automatic result of this, and I do see an economic slowdown as a possibility to reign matters in a bit.  

Sure, I am not saying that the powers that be, CB et al are NOT going to completely stop acting irresponsibly and even giving money away to the rich, but seems to me that global events (such as a pandemic crisis) can also create corrective opportunities that are more responsible than what the CBs et al would otherwise attempt to cause regular peeps and even the chinese to bear costs of the various earlier irresponsible of the money printers.

Fair enough. All I'm saying is that I think the reason you can't see is because you probably don't know what money we actually use and how it is actually created.
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