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221  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 08:00:07 AM

If there's anything to this notion to quadruple tops/quadruple bottoms, I suppose we will know soon.


Yes, there is and it’s called humans.

I’ve been smacked on the head by Bitcoin so many times that I have learned to ignore the most obvious TA signals. Honey Badger simply doesn’t care.

Yes, I can be bearish as well. No, not selling a Bitcoin for such prediction. Got hurt too many times.
222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2021, 09:26:27 PM
... Random rant and insults...
j

So fuck off and don't read my post.

Whine about non-existent BTC dumps (or shill altcoins) and get the JJG Slap.

This is the WO way  Grin
223  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2021, 06:53:42 PM
https://twitter.com/LilMoonLambo/status/1361356514095685640?s=19

Wait someone bought btc worth 5 billion USD? An hour ago? And we are yet under 50k...

Welcome to the big club  Grin
224  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2021, 11:01:34 AM
Consider this:

- Banks will still want to have their printers running.  (the actual mechanical printing machines)

- "Stupid" people will still want to use paper money.


The return of Wild Cat Banking Grin




[HODLer Blues]

... much easier to observe it with (some) disinterest...

I tend to phrase is as: 'you'll know the outcome anyway' -----> UP ^^
225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2021, 05:53:25 PM
The world's reserve currency, the paper fiat USD, has lost fungibility in Venezuela.

https://www.zerohedge.com/personal-finance/venezuelan-collapse-scam-damaged-us-dollar-bills-being-exchanged-less-actual-value

It's happening.

Time for Germany’s eldern to refuse non-Deutsche EUR notes again.
226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2021, 03:34:17 PM
https://twitter.com/nntaleb/status/1360276917992230919?s=20

Btw what the F*** is happened with this guy.

Always respected him a lot, changing at the moment though.

Someone must have gotten to him. Or he has lost his mind.

If he bought BTC thinking it would make a great stable "currency", then he is truly a fkn idiot.


the best comment on that tweet

https://twitter.com/bitcoin_eagle/status/1360491394100584450 lol


No, this: https://twitter.com/yassineark/status/1360285452993847297?s=21

He should read his own books more often  Grin
227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2021, 09:36:37 AM

Notice how Mindrust never once mentions Bitcoin?

It's all "crypto, crypto, crypto".

Talk about being in denial.

If he’s into altcoins, he’s working on getting his number of Bitcoin back. Pray for him. I’ll surely wait for his return.
228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2021, 08:25:08 AM
I like it  Grin
229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2021, 02:14:45 PM
I simply resist the talk about the environment hurting aspects of Bitcoin mining often put forward by naysayers (no coiners I presume).

It's the same as saying that the production and distribution of the next hype plastic toy (example below) costs $xx environmental damage for each toy delivered to a toddler (only to be tossed aside within a month or - optimistically - a year).



We could argue whether it is moral to spend electricity or, more general, energy on the production and transportation of this type of product. Something that is paid for by the consumer who wants such a toy in the end. Why don't we apply this exercise on all products and services in the whole economy. Frankly, every economic activity for that matter?

Why is only Bitcoin scorching the planet and causing little kittens to die whereas the creation of consumer clothing, trash tv shows, gaming rigs, Whatsapp/Twitter chatter about nothing, 3g/4g/5g connections, mobile phones, air travel vacations, etc etc, are also energy consuming activities caused by a demand for it?

It's the selective pointing of the finger that triggers me, especially if it's all about virtue signalling about climate change.
230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2021, 01:31:15 PM
Can we keep climate change FUD (directed to Bitcoin - FUD) out of this thread, please?
231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2021, 11:38:17 AM
I am pretty sure that we will witness crypto mining on everything [...]

That does not make sense to me. Why would mining be done on each and any type of machine while they are not suited for such task? It seems more likely that mining remains in the hands of those who commit capital and operate specialised mining hardware, gaining the most from it.
232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2021, 09:22:27 AM

Interesting but two of the spikes were in a bear market environment whereas the first shown and the latest have happened in a bull market phase. I am mostly interested in comparing those two more closely. Is there a precedent for the latest blip shown with the price already having moved up considerably to where we are now? Perhaps the upward effect is already gone due to use reaching close to $50k?

Who can tell....  Roll Eyes 
233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2021, 09:27:11 PM
And trainspotting.

The scene with broheim detoxing and the baby crawling on the ceiling was pretty far out.



Old gif

Choose life.
Choose Bitcoin.
234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2021, 04:09:33 PM
Not sure whether this has already been posted but posting it anyway: here

*Zero Hedge explaining how JP Morgan will be wrong again.
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2021, 10:36:05 AM
I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.

Let me guess: is it a Volvo?  Cool

A Lada?
236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2021, 07:05:40 AM
Kraken's trading server?
237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 08:00:01 PM
Ha, Marcus is always good for an upbeat projection.

Got Bitcoin?
238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 04:29:39 PM
This feels close to Hyperbitcoinisation.

There is no career risk anymore in bringing Bitcoin on the corporate balance sheet.

Of course, this wave will only increase the brrrr money printing which is good for ... Bitcoin  Grin

It's a little scary isn't it?

Why am I scared?

(edit - but boy is that one sexy ass bullflag)

Because 'The Financial Machine' is closer to breaking.
239  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 04:17:58 PM
This feels close to Hyperbitcoinisation.

There is no career risk anymore in bringing Bitcoin on the corporate balance sheet.

Of course, this wave will only increase the brrrr money printing which is good for ... Bitcoin  Grin
240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 01:43:41 PM
This is a message from corporate America to political America that the further (and to be increased) dilution of the US Dollar will not be approved  Roll Eyes
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