Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Elwar]

Anyone's life savings depending on this decision?

 

My life savings is in bitcoins but that is nothing new. An approval pushing the price up over $3k would mean I would retire sooner rather than later. A rejection means a few more years of buying many more bitcoins.

Not retire in the sense of no longer working...just working on something I want instead of living in a war zone working in a box.

Sheet

we are alike. but i exit when it's wild, and jump in when there's movement. margin trading is gambling

I wouldn't know what to exit into. I certainly do not want to buy dollars. How much longer can that ponzi scheme go on?

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[podyx]

Is the ETF decision happening today?

[mckk]

Anyone's life savings depending on this decision?

 

My life savings is in bitcoins but that is nothing new. An approval pushing the price up over $3k would mean I would retire sooner rather than later. A rejection means a few more years of buying many more bitcoins.

Not retire in the sense of no longer working...just working on something I want instead of living in a war zone working in a box.

Sheet

we are alike. but i exit when it's wild, and jump in when there's movement. margin trading is gambling

3.3x is not a big leverage mate Imho, taking under consideration that u play on BITFINEX as it has the best liquidity and you can execute bigger orders easily

[Karartma1]

The last six hours have been the most annoying ones in my life: lot of people calling me to know why the pump started without the ETF being approved and so on.  I need to change number.
There are a few hours left to know if the decision will come out today. I hate the wait and see game

[Elwar]

Really impressive, Elwar!

Also, wtf do you do for a living? Working for the government in a box in a war zone?

Nice. Not so exciting. My office looks more like this:

(not my actual work site)

I do computer things. In Afghanistan.

[Fakhoury]

If you own one bitcoin you are in the top 68% richest people in the world.

If you have 100 bitcoins you are one of the top 8% richest people in the world.

600 bitcoins and you're a one percenter.

http://www.globalrichlist.com/wealth

How did you calculate it Elwar ?

Could you show us a screenshot please ?

Thank you

There's a calculator on the website I linked to.

Grrrr, I know man that there is a calculator in that website  

I don't know how you made the above conclusions from that website, I want to know the methodology, that's it my dear brother

[Fakhoury]

Is the ETF decision happening today?

In less than 4 hours if I'm not mistaken

[Mahdi0]

Anyone's life savings depending on this decision?

 

My life savings is in bitcoins but that is nothing new. An approval pushing the price up over $3k would mean I would retire sooner rather than later. A rejection means a few more years of buying many more bitcoins.

Not retire in the sense of no longer working...just working on something I want instead of living in a war zone working in a box.

Sheet

we are alike. but i exit when it's wild, and jump in when there's movement. margin trading is gambling

I wouldn't know what to exit into. I certainly do not want to buy dollars. How much longer can that ponzi scheme go on?

long term nothing is certain. and in keeping funds in an exchange people get burned all the time (i did with finex )

[Elwar]

If you own one bitcoin you are in the top 68% richest people in the world.

If you have 100 bitcoins you are one of the top 8% richest people in the world.

600 bitcoins and you're a one percenter.

http://www.globalrichlist.com/wealth

How did you calculate it Elwar ?

Could you show us a screenshot please ?

Thank you

There's a calculator on the website I linked to.

Grrrr, I know man that there is a calculator in that website  

I don't know how you made the above conclusions from that website, I want to know the methodology, that's it my dear brother

I just took the price of 1 bitcoin and put that amount in the calculator on the website. It gave the percentage.
Then I took the price of 100 and plugged it in.
Then I plugged in different numbers until I found out what the top 1% had. Then I divided by the bitcoin price.

At $1241 for one bitcoin that would put you in the top 66% richest people in the world.

[HI-TEC99]

The fake ETF news is getting out of hand. This is the latest result that a google for Bitcoin ETF produced.

[stereotype]

In Afghanistan.

I just checked LocalBitcoins. Its not a thing in Afghanistan. The market is all yours Elwar!

[Elwar]

In Afghanistan.

I just checked LocalBitcoins. Its not a thing in Afghanistan. The market is all yours Elwar!

lol...ya, no thank you

I live on base, I never leave the gates. There's really no reason to have money here anyway. Everything is provided for you.

[stereotype]

In Afghanistan.

I just checked LocalBitcoins. Its not a thing in Afghanistan. The market is all yours Elwar!

lol...ya, no thank you

I live on base, I never leave the gates. There's really no reason to have money here anyway. Everything is provided for you.

Bribe the Taliban? 

[Fakhoury]

If you own one bitcoin you are in the top 68% richest people in the world.

If you have 100 bitcoins you are one of the top 8% richest people in the world.

600 bitcoins and you're a one percenter.

http://www.globalrichlist.com/wealth

How did you calculate it Elwar ?

Could you show us a screenshot please ?

Thank you

There's a calculator on the website I linked to.

Grrrr, I know man that there is a calculator in that website  

I don't know how you made the above conclusions from that website, I want to know the methodology, that's it my dear brother

I just took the price of 1 bitcoin and put that amount in the calculator on the website. It gave the percentage.
Then I took the price of 100 and plugged it in.
Then I plugged in different numbers until I found out what the top 1% had. Then I divided by the bitcoin price.

At $1241 for one bitcoin that would put you in the top 66% richest people in the world.

Thanks for the clarification Elwar, but I'm afraid I might need last clarification if you don't mind

[Fakhoury]

In Afghanistan.

I just checked LocalBitcoins. Its not a thing in Afghanistan. The market is all yours Elwar!

lol...ya, no thank you

I live on base, I never leave the gates. There's really no reason to have money here anyway. Everything is provided for you.

When are you getting back home safely ?

[Elwar]

Thanks for the clarification Elwar, but I'm afraid I might need last clarification if you don't mind

$0

$0

$1241

[Elwar]

When are you getting back home safely ?

I am home   I sold my house in the US last year. I'm an expat. The world is my home.

I have a price point that I am working toward, when I hit that number (or the bitcoin price hits that number) I will book a flight and leave. Probably go live in Asia or French Polynesia.

(I am planning on staying out here for 2 more years)

[Cassius]

Seems like it won't be Monday then: https://twitter.com/ryanvlastelica/status/840217251223556096

[JayJuanGee]

Being the government and it being a Friday, I would expect the announcement to be before 4PM EST.

Look at you.  Conspiratorial.

Not a conspiracy. I just work for the government and know that usually on a Friday people take off early.

Woops...


I had to edit my previous post because I meant to refer to your comment about the DDOS attack, but instead I clicked on the wrong post...


This point about the government saying something before 4pm, makes sense... but the DDOS attack seems a lot less likely to occur (even though it could happen, to me it seems a bit of a stretch of a speculation)

Yes. But a centralized platform in the Bitcoin world is certainly vulnerable. Someone might do it just for the lolz.

I agree with you that the DDOS attack probabilities increase with anything related to bitcoin because bitcoin does seemed to have attracted some of the most sophisticated hackers to its space - maybe not all of the good hackers, but there seems to be quite a bit of hacker talent in the bitcoin space.

[Cassius]

Seems like it won't be Monday then: https://twitter.com/ryanvlastelica/status/840217251223556096

Meaning it will be today. Are violins required?