Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8957. (Read 26609734 times)

Yes i follow and Remember the last few days Here is something that is unknown to many of us that I am trying to understand a lot but I can't catch bitcoin movement I could have supposition some of what happened before, but now I can't.
all of the last it's harder at the time mainly hard for me tracking BTC movement, don't know if anything else is working here.

https://t.co/Db1XgK56Kd

Alibaba shoppers earn 5% back in Bitcoin while shopping online


Source: https://twitter.com/Cointelegraph/status/1194011049986408448

Chinese e-commerce giant Alibaba has partnered with Bitcoin (BTC) rewards shopping app Lolli, enabling its shoppers to earn 5% back in Bitcoin. Alibaba customers can now get Satoshis (sats), the smallest unit of Bitcoin currency, worth 0.00000001 BTC, when shopping “thousands of items online,” Lolli says.
Source: https://cointelegraph.com/news/alibaba-partners-with-lolli-to-allow-us-shoppers-earn-free-bitcoin

Down before up?  Hm?  Seems like I had heard that somewhere before.


Didn't we already get the down?  Remember the last few days?

https://twitter.com/mg0314a/status/1193704282110873607

Nice hypothesis. Is it based on one market cycle?

One more wave down and be ready for rocket!!


Sourece: https://www.tradingview.com/chart/BTCUSDT/6GNOFYwt-One-more-wave-down-and-be-ready-for-rocket/



So at the monument we are looking tracking movement, pump not $10k  but $1000 up to the current price.
 

Aren't you so special.   


I got triggered by poor innocent you? 

hahahahaha


I don't think so.

I responded to your main ideas which was to both suggest with hopium that altcoin season was on its way (which you have been proclaiming for the past two years), and that bitcoin was dying.... which seems to be filled with hopium rather than a description of actual circumstances.  I was pointing out how amazingly pie in the sky you are.

The hopium looked like this to me:




Keep hoping, Toknormal.  Your dreams of an altcoin season might come true (along with your hope that shrinking market cap really means anything in terms of the growing power of King daddy bitcoin), perhaps?

I opened this discussion talking about bitcoin dominance which is a bitcoin topic. As a 6-year holder I tend to find it relevant and generally post such views freely in this thread. Have done for years.

You just got so triggered by the subject that you started bouncing off the walls in a fit of monopolistic zealotry to the extent that you couldn't see the wood for the trees in the point I was making which is actually not very challenging to bitcoin if you care to re-examine it.

All the same you sure can produce some entertaining troll bait so it's not all wasted

I think you're operating under too many assumptions too confidently. Every time you've approached this thread ringing the altseason bell you've been proven wrong. Your analysis, like times previous, doesn't really depend on anything other than proclaiming "its time."


"Adoption" mostly means it is being used by an increasing number of people for any purpose. Without this, neither bitcoin nor altcoins will increase in value.


I think its the opposite - bitcoin is the lungs of altcoins. If bitcoin falters, so do altcoins. If bitcoin succeeds, some altcoins may succeed. The world is still trying to grasp the concept of bitcoin and doesn't really have time to deal with other coins. And 100 years from now, anything is possible.

Thanks for the reminder, I have a RL contact for him I need to ping, he's been gone too long.

Keep trying toknormal.

Who is the one pumping altcoins in a bitcoin thread?  That is you.  Am I in the wrong thread? 


Why you giving me homework in order for you to argue your bullshit anti-bitcoin talking points that are really in order to pump your altcoin season  theory?

By the way, I am of the opinion that there might be an altcoin season and their might not.  I don't really care too much, but I do care that you come into this thread pumping your bullshit and trying to grasp at attempts to make your nonsense relevant to bitcoin by pinning almost your whole theory on nonsense assertions that the tail wags the dog, when the vast majority of active participants in this thread know better.



You should not be talking in terms of crytpo because it is a vague concept, and it demonstrates your foggy thinking.  You seem to believe that there is some kind of amorphous concept that is called crypto, and you purposefully forget that bitcoin is the king daddy in this scene.. so you come to the wrong conclusions when you attempt to minimize the importance of king daddy... because you are hopening that your shitcoin bags stop losing as much as they have been in the last two years.

Maybe they have not been losing in terms of dollars, but they surely have been losing in terms of their bitcoin value.  Pobrecito, got on the wrong train.   


Have you ever heard of the concept of scarcity?  Do you understand such concept?

Your thinking seems to be pretty fucking muddy, if you cannot come up with a better analogy than to compare bitcoin to sand.  Weak, at best.



I am glad that you are getting out into the world in order to come back and to deliver important messages to us WO participants.  As if we do not know about the world.   



You know what is wise?  Go figure.


You are not even smart enough to appreciate that you are in a bitcoin thread, and for some reason, you want to come here and inform us about the inevitability of your hypothetical shitcoin season, and at the same time you are lecturing about what is "wise?"



You know about markets too?  Holy fucking shit.  You know about a lot.

You know that this thread is not about markets, it is about bitcoin.  So what the fuck does market development have to do with anything except for your lame-ass attempt to patronize?



There is no vice versa... you dumb fuck.

Did you forget how this got started? 

Get your facts and your logic straight.    We have a situation that includes a bunch of bitcoin imitators and snake oil salesmen.  I never asserted or argued that shitcoins do not contribute to the bitcoin, so you are trying to attribute an argument to me that I have not made, but I have asserted over and over and over that shitcoins are trying to act as if they are equivalent to bitcoin blah blah blah, and want an equal seat at the table, and there is no need for bitcoiners to agree to that.  They can scam or do whatever the fuck they want, but they should not be cluttering up bitcoin threads or pumping their shit in bitcoin threads.  If they truly have something to add or contribute, then bitcoiners will find them without their scammy nonsensical troll/shilling impositions, like you frequently have been employing in this thread regarding your altcoin season hopenium.



I am not pretending.  Diptwat.  This is a bitcoin thread, so stop trying to make your shit relevant here.  There are all  kinds of other places that you can pump your nonsense without resorting  to troll/shilling.


No it's not.


You are not challenging anything.  You are merely trolling and attempting to change the topic.

Not really. I'm under the assumption that we are myopic in our sense of time. If you imagine yourself zooming forward 100 years and you're in 2120 looking back at the "dawn of crypto" you wouldn't see so distinctly "one" get born and then "the others". You'd just see a cloud which represented the explosion of the first ever electronic monetary assets. Doesn't mean bitcoin can't still be more of a "reserve asset" than its successors but it also means that it's less volatile. It's just a question of degree - like Exter's pyramid - you have a base layer of reserve assets into which profit is taken in times of recession, then a graduating utility layer which expands faster than the base layer in times of growth.

That's just how any market sector of monetary commodites gets structured organically - which is why I call alts "the lungs of bitcoin".


"Adoption" can have a variety of meanings when it comes to monetary assets. For monetary commodities "adoption" simply means holding it as a savings vehicle. So measures like the number of active wallets, blockchain transaction use etc ,apply. On the other hand if it's used as a unit of account then it can scale outwith its own technical domain (i.e. holders may not hold bitcoin but may hold some other asset or debt securities that are denominated in bitcoin).

By either measure, the observations are the same - that the wider crypto market serves as the "lungs of bitcoin".

You're under the assumption that alts have to go up because "its time." What happened in late 2017 / early 2018 was similar to the dotcom bubble. There was an unrealistic amount of enthusiasm in alts (and BTC) whereby AnyCoin could skyrocket 1000%. People poured their money in without doing due diligence into basic aspects like potential for real world adoption.

2 years later, investors aren't going to be making the same mistake again. Just like with the dotcom bubble, the strong will survive, but unlike last altseason, there will be no reason for the weak to flourish.

At the end of the day a coin's chance of success is driven by user adoption. Without this there is no reason to expect any coin to go up, bitcoin included.

https://coinmarketcap.com/currencies/titcoin/

 No need to worry;  I've got Blizzack WS90 snow tires on the car.  As long as I survive installing them, I'm good for the season

Jeezz..grow tf up.

You're as bad as the gold bugs.

Lookup the phrase "natural monopoly". The only scenario that fits that definition is when crypto is used as a universal unit of account. As a monetary commodity/asset it's no more a natural monopoly than sand is.

Also, the "economy" has a slightly wider scope than this particular thread and it might be wise to spend less time in here if you've ended up with such drastically distorted ideas about how markets develop. Without alts there'd be no bitcoin and vica-versa and pretending they're some kind of "contaminant" is just short-sighted lunacy. It's like your head denying it's got a body.

Sorry to apparently challenge your zealotry on that but it's simple observational fact and I'd be careful about what you wish for if you think otherwise :-)

Orange, and because orange coin go up.  The others are not the same.


There has been a lot of failed imitation attempts.  Funny, isn't it?  Bitcoin is completely open source, but copycats do not seem to be capable of even making any kind of dent into the paradigm changing contributions of bitcoin, besides lamely trying to imitate.


You think that metric even matters much in the whole scheme of things?  Snap out of your little fantasy land.  Otherwise, I might have to bring out batman.



Yeah.  You said that several times before, and even if you only recently came up  with the lungs analogy, you have been spouting out about altcoins for at least a couple of years.  They surely have not done too well, in comparison to bitcoin in the last couple of years.



Lot's of hopium in you buddy.... Hoping for another alt coin season, and I doubt that such alt coin season is going to play out in the way that you are currently speculating... Good luck with your bags and your gambling.

Drawing a picture does not make your proposed fantasy any more likely to happen, but it does show that you have invested a considerable amount of time in attempting to visualized your preferences.. perhaps for marketing purposes... Market your dreams, they say.. and maybe they could happen?  Hopium.

Are you folks seriously still under the delusion that bitcoin is a natural monopoly ?  Because if you are then I'd consider investing in yellow socks since they're about as likely to establish one.

What do you think's has been happening over the last 10 years ? The so called "altcoin" market is about as utterly hammered into profit-take oblivion as any modern asset's ever seen and bitcoin's still only 16% away from having a minority market share. Wake up and smell the coffee.

Alts are the lungs of BTC and they're about to initiate a sharp intake of breath after an epic exhale

1) Thanks for (seemingly reluctantly) accepting the validity of my point(s).

2) I agree that there may be preference to punish Hairy into delayed gratification for a variety of reasons, including possibly allowing time to possibly propagandize him into at least spending such winnings on objectively agreeable purposes, such as hookers, lambos and blow... which are amongst the least controversial ways to spend BTC winnings. 

Sometimes, the next generations even listen to your stories, for a little bit.