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

[becoin]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

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[Searing]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

first they came for my credit cards

then they came for my bank accounts

then they came for my crypto

resist!

[Rsiyz]

and about israel? i live there for years. these "inteligent jews" are myth as uck!! just try live there and you will see.!! they are degenerated becouse they cuck just betwen us.. you cant cuck with genetics , when same people maried and make child generations  it end in retardations,ill and other , down syndrome.. there is soo many sick people,.mentally or with some degenerations.. many of us work there for help in .. soo we see reality better than "american idiot"
half of israels look like arabs..becouse they are arabs..
last inteligent "jews" was that from east europe, hungary.. (early 20.century)but it was hungarians and other from that region  with slavic genetics  in.! just check nobel prizes on where from have parents that "inteligent jews"..its all just people from east europe with some religion,.jews for exemple..
drumpf is retard too , i have not problem with judaism.  But bibi satan likudist ans IL army will destroy last "inteligent" pieces in israel.
shabat shalom achy  

 Holocaust: The ignored reality. Most victims were Slavs (including Jewish Slavs). http://www.nybooks.com/articles/2009/07/16/holocaust-the-ignored-reality/ … #HolocaustMemorialDay
https://twitter.com/JulianAssange/status/957188759572934656

[jojo69]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

precisely, they are making our point for us

[conspirosphere.tk]

I also support blocking people from buying crypto on credit cards.  By definition borrowed money is not what you can afford to lose.

Letting them get in debt 100K for a degree in gender studies is totally sound investment instead.

[sa_94]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

It might be their credit card but it's still the banks money, even though I believe in Bitcoin and recommend investing to people I wouldn't give them my own money to do it.

[SecondLeoTheSecond]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

It might be their credit card but it's still the banks money, even though I believe in Bitcoin and recommend investing to people I wouldn't give them my own money to do it.

Right on point. I only see a problem when they forbid to use a pre-paid credit-card for such a purpose. Though I don't know if something like that is a thing in the US.
It's rather common in Germany, but the mentality here is very different.

[hisslyness]

I also support blocking people from buying crypto on credit cards.  By definition borrowed money is not what you can afford to lose.

Letting them get in debt 100K for a degree in gender studies is totally sound investment instead.

or Lesbian Dance Theory

[pera]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

This isn't a bad thing imo, using lines of credit to buy Bitcoin is not a good idea.

Stockholm syndrome with banks huh?

Why would Bitcoin be different to any other thing you can pay with your credit card? Don't be so naive, they are not trying to protect consumers here, just their own filthy interest.

[Neo_Coin]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

It might be their credit card but it's still the banks money, even though I believe in Bitcoin and recommend investing to people I wouldn't give them my own money to do it.

Right on point. I only see a problem when they forbid to use a pre-paid credit-card for such a purpose. Though I don't know if something like that is a thing in the US.
It's rather common in Germany, but the mentality here is very different.

Prepaid credit card can be an easy and speedy way out from btc to fiat.

[HairyMaclairy]

I also support blocking people from buying crypto on credit cards.  By definition borrowed money is not what you can afford to lose.

Letting them get in debt 100K for a degree in gender studies is totally sound investment instead.

As equally sound as donating 100K to a church so you can reserve your place in heaven.

[realr0ach]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Captain's Log - Stardate 2018

r0ach & Jamie Dimon have managed to defeat the bitcoin pump and dump while simultaneously acquiring a substantial amount of physical silver.

[Agapios]

can someone please point me to masterluc tradeview chart where he said i think in november "i see no resistance to 20 000"
someone just copied chart today in this topic, but its biiig topic and i cant find that chart anymore

[sa_94]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

This isn't a bad thing imo, using lines of credit to buy Bitcoin is not a good idea.

Stockholm syndrome with banks huh?

Why would Bitcoin be different to any other thing you can pay with your credit card? Don't be so naive, they are not trying to protect consumers here, just their own filthy interest.

I'm under no illusions that banks give a shit about their customers but when masses of people who probably dont understand what they're signing up for use money they don't have to invest in a rather volatile market it's not going to end well.

If everyone just invested what they can afford to lose we'd have much less panic selling and regret.

[JayJuanGee]

Of course this fall will also be an exit point, according to me, I just need to be patient. It does not matter whether it is the bull market or the bear market.

Of course, if you have a specific time window as your target for exiting, then you may want to consider a kind of staggering of your exit, so you are not necessarily subjected to the whims of the market within your time window.

I try to claim that I do not change my behavior very much based on my thinking about the market, so I cannot put my finger exactly upon some to the seemingly subliminal forces that cause me to play around in one direction or another with my funds - how much I am putting in (and if I am over investing a bit in bitcoin when I think that the price is going to go up, and if I am over withdrawing a bit while the price is going up).   

I think that my overwithdrawing also attempts to account for my cashflow expectations and my projections of cashflow, so if I have a bigger expense in the future or if there is some other reason that I expect to withdraw additional funds, then I tend to start that process early and even keep those fiat funds a bit more liquid (as extras in my holdings that I am not going to spend) because I am planning to use all of them in the future for my upcoming BIG projected expense.  Of course, if I have some extra BIG money come in for some other reason then, I can tweak around the projected cashflow too.  It does not seem to be an exact science because there can be a bit of gambling in there too, but I guess what I am trying to say is that there might need to be a bit of a tendency to pull extra out or not put so much in (to keep in reserves) in order that you will not be subject to the whims of a market such as BTC that can be quite whimsical and even to move beyond expectations and to remain irrational longer than we can remain solvent (in the event that we do not plan prudently for such anticipated irrationality that seems to occur quite regularly in bitcoinlandia and maybe even moreso when we got some of these stupid-ass altcoins causing additional uncertainties and difficult to predict pulling/pushing effects).

[ivomm]

In a day like this many felt like this lil boy:  

https://www.youtube.com/watch?v=dyA9-jJhlCo

[becoin]

This fuckers right here: https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

Understandable move and might turn out to be good in the mid-term (in a non-speculative way)

Since when banks decide what people can buy with their credit cards? Is bitcoin illegal?

It might be their credit card but it's still the banks money, even though I believe in Bitcoin and recommend investing to people I wouldn't give them my own money to do it.

You're allowed to invest banks money from your credit card in Vegas casinos but they don't allow you to invest in bitcoin because of... too much risk... Really? Only retarded can buy the "risk" argument.

[Neo_Coin]

[JayJuanGee]

Has anyone else gone through an obscene amount of alcohol in the last seven days or is it just me?

Probably just you....


hahahahaha


I'm just kidding.   

Even when I feel quite calm cool and collected (with a decent plan to advantage from this seemingly extreme downwards volatility), the situation can still be stressful - because us BTC watchers can never really be sure what price point is going to hold, exactly and when the downward momentum is going to end, exactly. 

This reversal in the past 10 hours at $7,625 does seem to have been based on a decent amount of dump spike volume that would be relatively convincing that the bears should have blown their wadds - but gosh.. we can never be certain until perhaps being more certain after we bounce back above a certain price point, perhaps that price point is above $12k-ish, currently?

[HairyMaclairy]

It’s also retarded that you can gamble on credit cards. It’s not your money.