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

[bitserve]

Bitserve:   I hope your heirs know to dig (and where).  

Yup, that has been taken into account

Also, most of what I have is NOT buried yet. And my heirs (my parents as I don't have sons) are very well-off (much more than me atm) and don't need the money AT ALL. They would get the real state, stocks and bank accounts in any case.

So yeah, I think I have the pros and cons well balanced here. Will readjust if the situation changes in the future... like Bitcoin doing another 10x or something ridiculous like that.

[realr0ach]

Inflation is coming.  Whatever it does to BTC, fuck if I know because BTC is already in a bubble, but I know what it's going to do to metals which are in an inverse bubble:

The r0ach report 30: Gold and silver unbelievers will soon believe

http://steemit.com/money/@r0achtheunsavory/the-r0ach-report-30-gold-and-silver-unbelievers-will-soon-believe

The combination of Trump tax plan (deficit spending into no bid bond market) + 1 trillion dollar infrastructure plan is either going to completely reverse the collapse in money velocity and ignite 1970's inflation to the moon, or the entire league of ivory tower, fraudulent economists will be completely bewildered that money velocity continues to collapse and do something like QE4 on top of that. Either way, they're going to force inflation somehow in the end no matter what and it's going to be yuge.

The metals market is already responding with people front running this right now.  The last time they did something like this, gold and silver both went up 10x in inflation adjusted dollars in the span of 8 years. I think this time the inflation might hit harder over a shorter time span (once they ever manage to get it started that is). If stocks collapse, all retirement funds collapse and the establishment gets overthrown by the boomercucks. Betting on stocks collapsing is probably not a good idea when they're clearly trying to engineer 1970's inflation to debase the unservicable debt + prop up the stock market.

In terms of metals price, gold should already be $2400-2600 or so right now when looking at gold to debt ratio charts. Silver would spike to around $75-85 when gold corrects there in current dollar purchasing power. Howerever, if they actually do ignite 70's inflation, the metals prices are going to go off the charts.

[JayJuanGee]

It´s really hard not to invest in Altcoins at the moment.

If you look at the charts basically every coin gains day after day and I am sitting with my BTC stash (crying) ;-)

Are you being genuine in your post?

Who gives a shit?

BTC prices appreciated  more than 7.5x in early August in less than 4 months from $2,600 to $19,666 with a recent 43% correction - yet BTC prices currently hovering in the $13.5k arena... which is still more than 5x from its early August launching point.

What the fuck do you expect?  price appreciations every minute of the day?

Perhaps guys gonna get fucked (or is the official word r3ckt?) when they get so fucking anxious that they just cannot ride out a bit of up and down waves and feel some compelling needs to move to other products - that likely are understood as inferior products. 

Maybe part of the problem is that there is fear and lack of knoweldge and lack of confidence in bitcoin, and either to believe some of the bullshit propaganda that bitcoin is broken or to buy into some hype that price pumping movements of alternative coins reflect actual value?

Just HODL on tight.  There are likely no problems in bitcoin that are not going to be resolved... Sure there are no guarantees, but we have ups and downs and ups, and there are not really any fundamentals that are negative in terms of bitcoin that should take away from ongoing upwards price pressures that have a decent chance to continue to push BTC prices up... and perhaps even inversely to varoius alts that you are currently considering as distraction investment points.

[Last of the V8s]

Bitserve:   I hope your heirs know to dig (and where).  

Yup, that has been taken into account

Also, most of what I have is NOT buried yet. And my heirs (my parents as I don't have sons) are very well-off (much more than me atm) and don't need the money AT ALL. They would get the real state, stocks and bank accounts in any case.

So yeah, I think I have the pros and cons well balanced here. Will readjust if the situation changes in the future... like Bitcoin doing another 10x or something ridiculous like that.

t's uite rritating, lmost nnoying, hen ou panish peakers on't ut he nitial  n he xpression eal state
/ rammar azi ant

[JayJuanGee]

  Metacalfe dynamics?

Here's a recent and decent reddit thread on the topic, but of course, you can google metcalfe, as well, and find a variety of other articles and discussions of the topic.


https://www.reddit.com/r/Bitcoin/comments/7hq9oc/bitcoins_price_needs_to_grow_100x_to_be_worth_a/

[bitserve]

Bitserve:   I hope your heirs know to dig (and where).  

Yup, that has been taken into account

Also, most of what I have is NOT buried yet. And my heirs (my parents as I don't have sons) are very well-off (much more than me atm) and don't need the money AT ALL. They would get the real state, stocks and bank accounts in any case.

So yeah, I think I have the pros and cons well balanced here. Will readjust if the situation changes in the future... like Bitcoin doing another 10x or something ridiculous like that.

t's uite rritating, lmost nnoying, hen ou panish peakers on't ut he nitial  n he xpression eal state
/ rammar azi ant

Hey, we are doing our best here!

It wasn't a typo misstype, so thanks for teaching me the proper spelling of that word, I will try to remember.

Anyway, isn't it more annoying when native english speakers don't put any effort onto their writings? There's plenty around here lol

[mymenace]

time for a bump treasure hunters

cryptsy theft

https://blockchain.info/tx/c7b46a79fd8887038bd3a8e884b04820038415a60e0b9d2c2f5bcff68a2687bf

https://www.walletexplorer.com/txid/c7b46a79fd8887038bd3a8e884b04820038415a60e0b9d2c2f5bcff68a2687bf

Total Input    $ 153,417,118.50

Total Input     11,325.0965 BTC


unspent

[Last of the V8s]

Anyway, isn't it more annoying when native english speakers don't put any effort onto their writings? There's plenty around here lol

though in my own defence, I come here not to write, but to troll, to snipe, to lol and perchance to dream

[kurious]

Stamp turning up a little...  Hmm...

[El duderino_]

And the new price poll Will be like ?? 

[TERA2]

[kurious]

Is there a genocidal nazi version of that report?

[ghandi]

So we all had our fair share of cheap bitcoins. Now let's get rich again!

[Heater]

So we all had our fair share of cheap bitcoins. Now let's get rich again!

[macac068]

Screw the moon. Let's go to Mars! 

[P_Shep]

The moon was $10,000.

We're way past the moon.

[P_Shep]

Who sold at the bottom ?

BobLawblaw, always with the bottoms... 

[Searing]

Who sold at the bottom ?

BobLawblaw, always with the bottoms... 

I did NOT sell at the bottom....more or less middling middle at the time...

(Its a trap...to set me up with false confidence so the next time, my sells, call go pear-shaped)

[Paashaas]

Who sold at the bottom ?

That must be Roach, BillyJoe and Mattthecat  

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Happy New Year everybody!

[rjclarke2000]

Who sold at the bottom ?

BobLawblaw, always with the bottoms... 

I did NOT sell at the bottom....more or less middling middle at the time...

(Its a trap...to set me up with false confidence so the next time, my sells, call go pear-shaped)

You’ve started selling Searing??