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

[Harlot]

Here we go again next stop 9k

Like I said, I'm buying drinks for the thread if we see it touch the $8k's again this year.

Too much resistance down to $9k.

I don't see it happening.

Beer-filled gut-bacteria tells me things will even out around $9.5k before resuming upward momentum.

Below 9,000$ is still possible, there are 2 scenarios I see on Bitcoin going down. The first scenario is Bitcoin will for a right shoulder with its lowest price at 9,200$, the 2nd scenario is 9,200$ is broken and it will continue to what people are calling the real 5th wave which is around the 4,500$ level. Right now I am just observing the prices as my money is still in Fiat so I am comfortable to what is happening to Bitcoin. Hopefully this will be the last dip of the year as I know a lot of people have stacked up their position by now.

[LFC_Bitcoin]

Most of my btc will be passed down when I'm dead

what's the point? so your descendants indulge themselves with parties, etc.?
it is better to inherit income generating assets, which you can buy with bitcoin once it is at a relative steady state level (100k, 1mil or more).

Yeah fuck that, your family can inherit property, land etc when you die. When bitcoin reaches $50,000 plus per coin I intend to enjoy a luxurious life.

[Lopumbo]

you mean that fake walls of 300BTC that just keep disappearing  

Hey.

Friend.

I'm not sure what your deal is, yo, but my chocolate starfish could use a good tongue-banging.

You down ?

Ima go take a nap, because, like, you're harshing my mellow, man.

Haha, you're the one who kept telling people to HODL while you sold parts of your stash

[Torque]

On another note:

You know the world is going to shit when one rich tech billionaire is spending $42M to build a 10,000 year mechanical clock and bury it under a mountain, while another rich tech billionaire cannot tell you the current price of common goods found in a grocery store.  

Seriously, fk those guys and their shitty tech. 

[jojo69]

the 10,000 year clock is awesome

[d_eddie]

I'm not sure what your deal is, yo, but my chocolate starfish could use a good tongue-banging.

The number and variety of ways you have to express this single concept is mind-boggling (and quite entertaining). One more reason to stick to this thread for me 

[Torque]

the 10,000 year clock is awesome

$42M could feed a lot of people in Venezuela too. But I guess clocks that will outlast humanity are more important.

Hey, maybe the androids can dig it up and put it in one of their "Humanity Museums" one day?

[jojo69]

Oh come now Torque.

We both know that all "aid" does is destroy anyone actually attempting to get local production going.

Since when is it your habit to moralize about how other people spend their money?

[bitserve]

the 10,000 year clock is awesome

$42M could feed a lot of people in Venezuela too. But I guess clocks that will outlast humanity are more important.

Hey, maybe the androids can dig it up and put it in one of their "Humanity Museums" one day?

You can't feed EVERYONE (worldwide) because, if you do, population will keep increasing uncontrollably until a point where you will not be able to feed them... nor yourself.

OTH, I like the way of doing charity of organizations like the Bill Gates Foundation and the likes.

It's better to help people get their shit together than just feeding them without solving the core problem (ie: Venezuela foolish dictatorship).

[Torque]

Since when is it your habit to moralize about how other people spend their money?

You mean our money. Just look at those national debts soar! Just listen to the money printing presses roar!

Buy hey we gots a 10k year clock buried in a mountain out of it.... so we're good.

[suchmoon]

On another note:

You know the world is going to shit when one rich tech billionaire is spending $42M to build a 10,000 year mechanical clock and bury it under a mountain, while another rich tech billionaire cannot tell you the current price of common goods found in a grocery store.  

Seriously, fk those guys and their shitty tech. 

I'm not a billionaire and I have no fucking clue what the price of Tide pods is so that's kind of meh.

The clock thing is lame. More spaceships, fewer clocks is what I want from my Prime membership.

[BTCMILLIONAIRE]

On another note:

You know the world is going to shit when one rich tech billionaire is spending $42M to build a 10,000 year mechanical clock and bury it under a mountain, while another rich tech billionaire cannot tell you the current price of common goods found in a grocery store.  

Seriously, fk those guys and their shitty tech. 

What do you mean? Aren't you supposed to by up entire super markets for great deals on your food?

[jojo69]

I do not believe the clock is publicly funded.

edit/ well, I guess except insofar as the patron is a beneficiary of the debt economy, still, don't hate the player...

[Torque]

I do not believe the clock is publicly funded.

If money printing presses send money to Central Banks, and CBs buy Amazon stocks, and Jeff Bezos uses that investment money to fund the clock, then....

yes it is. The public is paying for it one way or another.

[BTCMILLIONAIRE]

I do not believe the clock is publicly funded.

If money printing presses send money to Central Banks, and CBs buy Amazon stocks, and Jeff Bezos uses that investment money to fund the clock, then....

yes it is. The public is paying for it one way or another.

That can only be partially true, as in whatever percentage of equity is owned by CBs was the percentage of the clock funded by the public. If you tried to argue otherwise you'd imply the argument that everything that has ever been paid for with any of the (fiat) money in circulation was funded by the public.

[strawbs]

I'm not sure what your deal is, yo, but my chocolate starfish could use a good tongue-banging.

The number and variety of ways you have to express this single concept is mind-boggling (and quite entertaining). One more reason to stick to this thread for me 

So you can listen to him talking about his asshole? Weirdest reason to commit to reading this thread.

[Torque]

I do not believe the clock is publicly funded.

If money printing presses send money to Central Banks, and CBs buy Amazon stocks, and Jeff Bezos uses that investment money to fund the clock, then....

yes it is. The public is paying for it one way or another.

That can only be partially true, as in whatever percentage of equity is owned by CBs was the percentage of the clock funded by the public. If you tried to argue otherwise you'd imply the argument that everything that has ever been paid for with any of the (fiat) money in circulation was funded by the public.

It's more the timing of it than the actual thing itself. Our world economies are going down the shitter, our nation debts are soaring, wages haven't budged in a decade, they're still printing money by the billions per month, and inflation is settling in... all whist billionaires are erecting needless or inane monuments. Sounds like the years leading up to the fall of empires.

Actually, I'm more annoyed by the fact that Bill Gates doesn't fkn know the going price of bananas. They are so out of touch with reality it isn't even funny.

[Globb0]

Its ok lets send a car into space

[conspirosphere.tk]

all whist billionaires are erecting needless or inane monuments. Sounds like the years leading up to the fall of empires.

Actually, I'm more annoyed by the fact that Bill Gates doesn't fkn know the going price of bananas. They are so out of touch with reality it isn't even funny.

While I don't care how billionaires waste their own money, I think that empires collapse because of things like this:
https://www.reddit.com/r/conspiracyundone/comments/7zawb5/why_are_the_taxpayerfunded_salaries_of_a/

[BTCMILLIONAIRE]

I do not believe the clock is publicly funded.

If money printing presses send money to Central Banks, and CBs buy Amazon stocks, and Jeff Bezos uses that investment money to fund the clock, then....

yes it is. The public is paying for it one way or another.

That can only be partially true, as in whatever percentage of equity is owned by CBs was the percentage of the clock funded by the public. If you tried to argue otherwise you'd imply the argument that everything that has ever been paid for with any of the (fiat) money in circulation was funded by the public.

It's more the timing of it than the actual thing itself. Our world economies are going down the shitter, our nation debts are soaring, wages haven't budged in a decade, they're still printing money by the billions per month, and inflation is settling in... all whist billionaires are erecting needless or inane monuments. Sounds like the years leading up to the fall of empires.

Actually, I'm more annoyed by the fact that Bill Gates doesn't fkn know the going price of bananas. They are so out of touch with reality it isn't even funny.

I can get behind the first point, but the grocery prices thing?

I don't know the going prices of groceries and I still buy my own. The only thing that matters to me when grocery shopping is what I'd like to eat, not the prices (obscene restaurants and kobe beef aside). I'd be surprised if anybody who doesn't live around the poverty line would know prices, and that would only be because they are forced to budget or perish.

At some point groceries become such a small portion of income that it's just not worth the time to think about it.

And a little bit later you can afford somebody to do the shopping for you, so why would you invest time and focus on something if you can create more value by directing yourself elsewhere?