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

[rolling]

We'd be wise to remember that no exponential trend can continue indefinitely in a finite world.

We've had 8+ years of exp growth. I'd be fine with just 8 more years.

This would place the market cap of BTC at approx. 1 - 2 quadrillion USD (based on 175 day doubling).

Considering the USD won't be around in its current form by then, that sounds about right.

[mymenace]

This guy is the best
...."He added that Russia must also look into “how we can use it [cryptocurrency] in order to avoid any restrictions in the field of international financial activity,” perhaps a veiled reference to the potential use of cryptocurrency to avoid Western sanctions currently imposed on the country."....

The scourge of the 20th century - Economic sanctions (Hmm - how many deaths from economic sanctions and/or economic hostage)

Bet you it is more damaging than wars

Fake ass invasions of the 20th century

Go Putin

that's it hit the global central banks

Just saw it, fixed the propaganda

...."He added that Russia must also look into “how we can use it [cryptocurrency] in order to avoid any restrictions in the field of international financial activity Global Central Banks,” perhaps a veiled a reference to the potential use of cryptocurrency to avoid Global Central Bank controlled Western sanctions currently imposed on the country."....



sneaky are they not




now apply that to your own money

...."He added that his own finances must also look into “how we can use it [cryptocurrency] in order to avoid any restrictions in the field of international financial activity Global Central Banks,” perhaps a veiled a reference to the potential use of cryptocurrency to avoid Global Central Bank over controlled Western INFLATION and TAXES currently imposed on the country."....

[Paashaas]

Remember those $100.000+ cryptokitties?

$13M in VC funding.  ''Digital collectibles''.

LOL

[infofront]

Next time someone tells you Bitcoin mining wastes too much energy, show them this:



https://twitter.com/KryptykHex/status/1005079233075515393

[mymenace]

Remember those $100.000+ cryptokitties?

$13M in VC funding.  ''Digital collectibles''.

LOL

is this them

https://thecontrol.co/digital-collectibles-a-new-category-of-tokens-emerging-fb991c1dff6a

[RejectedBanana]

Another of my charts

Similar oldie but goodie maintained over at moonmath...


https://www.moonmath.win/

We'd be wise to remember that no exponential trend can continue indefinitely in a finite world.

Sure it can...

Exponentially up, exponentially down, exponentially up, exponentially down...

 

[Phil_S]

Even if you have money in the bank at 0.1% rate, that's exponential growth too.

[Robin,Hood]

Even if you have money in the bank at 0.1% rate, that's exponential growth too.

Morning coffee has't done his wounder yed so cant see the growth. If i get 0,1% at bank and lose 2.x% or something with inflation means i have to get a second coffee instantly to get the day going.

[kalehon]

This plant accepts BTC with it’s QR code 

[FractalUniverse]

Bear pennant?

thats bullish! 8k here we come 

[Globb0]

Remember those $100.000+ cryptokitties?

$13M in VC funding.  ''Digital collectibles''.

LOL

is this them

https://thecontrol.co/digital-collectibles-a-new-category-of-tokens-emerging-fb991c1dff6a

https://www.cryptokitties.co/marketplace



.....Meanwhile, at the bitcave

Barts are narrowing? Can we go full Homer?

[mymenace]

Remember those $100.000+ cryptokitties?

$13M in VC funding.  ''Digital collectibles''.

LOL

is this them

https://thecontrol.co/digital-collectibles-a-new-category-of-tokens-emerging-fb991c1dff6a

https://www.cryptokitties.co/marketplace



.....Meanwhile, at the bitcave

Barts are narrowing? Can we go full Homer?

oh my god why!
https://www.cryptokitties.co/marketplace

[becoin]

Even if you have money in the bank at 0.1% rate, that's exponential growth too.

If you gave your money to the bank you don't have money anymore. You have invested your money in bank bonds (debt securities).

[Karartma1]

Similar oldie but goodie maintained over at moonmath...


https://www.moonmath.win/

Moonmath? More like The Dark Side Of The Moon math.

Awesome work of art! Loving it

[realr0ach]

Another day in bitcoin, another day of Elwar walking around in Thailand with a sign that says WHERE THE LOLITAS? DO YOU ACCEPT BITCOIN?  While JayJuanGee sits in the corner wearing a wig and says "Why yes, I am a lolita; bitcoin accepted here".

[FractalUniverse]

Even if you have money in the bank at 0.1% rate, that's exponential growth too.

If you gave your money to the bank you don't have money anymore. You have invested your money in bank bonds (debt securities).

maybe its possible to say, that if we have fiat money we dont actually have any money;
because its still their money, even when its in our poket

[Phil_S]

mindblown.gif 

[becoin]

Even if you have money in the bank at 0.1% rate, that's exponential growth too.

If you gave your money to the bank you don't have money anymore. You have invested your money in bank bonds (debt securities).

maybe its possible to say, that if we have fiat money we dont actually have any money;
because its still their money, even when its in our poket

No. It doesn't matter who has created the money!

1. Money != Debt. Money in your hand or your pocket = Nobody owes you anything but everybody wants it because of its valuable properties facilitating division of labor and thus increasing productivity.
2. Perfect Money = Money can't be used for anything else except for money.
3. Perfect Money = Store of value function doesn't depend on third parties. The Buyer and the Seller determine its value and nobody else.
4. Perfect Money = Bridge in Time preserving 100% the value between two legs of a barter transaction.

[becoin]

As I've said 5000 times before

And 5000 times quoting yourself is a definition of... what?

[realr0ach]

Pretty much the future of dystopian America (Elwar standing outside trying to rob people because he was all-in on shitcoins and the seastead debt collectors are closing in):