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

[HairyMaclairy]

[bones261]

I agree with Hairy on this (as is often the case). This is a derivative backed by real btc reserves - maybe that's why it has such a short expiry (daily). I guess it will have optional automatic rollover.

Starbucks, Microsoft and others backing the project won't win any popularity with older bitcoiners, such as the people participating in this discussion, but they could do much for those who know little or nothing about cryptocurrencies. Adoption can only increase.

And once the cat is out of the bag, it won't take long for some of the smarter ones to wise up and understand the simple concept "private keys in my own hands or it's not my own money". Which in turn will debunk the greasy talk about "necessary trust" spread by some of those weasels.

It's all for the best.

Good grief. What soccer mom wanting to score a chai latte with two shots of vanilla is going to give a shit about cryptocurrencies? Furthermore, is Microsoft going to notice that I am running my Electrum wallet and start giving me notices to start using their shit wallet?  

[rolling]

https://www.ccn.com/breaking-worlds-biggest-stock-exchange-operator-is-launching-a-bitcoin-market/amp/

Taking bitcoin mainstream

This is kind of a bigger deal than it might initially seem.

http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/

[jojo69]

pathetic page pandering

[Lionidas]

Now why can't bitcoin be more like Huckabee and layeth the smack down on the bears like she did to CNN's Jim Acosta (that little scummy turd) and just break out to $9k cause it's August already.

https://twitter.com/USANEWS007/status/1025083080833298433

[d_eddie]

I agree with Hairy on this (as is often the case). This is a derivative backed by real btc reserves - maybe that's why it has such a short expiry (daily). I guess it will have optional automatic rollover.

Starbucks, Microsoft and others backing the project won't win any popularity with older bitcoiners, such as the people participating in this discussion, but they could do much for those who know little or nothing about cryptocurrencies. Adoption can only increase.

And once the cat is out of the bag, it won't take long for some of the smarter ones to wise up and understand the simple concept "private keys in my own hands or it's not my own money". Which in turn will debunk the greasy talk about "necessary trust" spread by some of those weasels.

It's all for the best.

Good grief. What soccer mom wanting to score a chai latte with two shots of vanilla is going to give a shit about cryptocurrencies? Furthermore, is Microsoft going to notice that I am running my Electrum wallet and start giving me notices to start using their shit wallet?  

You are always on the pessimist (realist?) side, Bones!

Not all soccer moms are that dumb. Let some of them have their "starbucks bucks" hindered from movement once, and some of them at least will see - and spread the word. When it's about our own money, I think it's much easier to spend the necessary mental energy to make ourselves more educated. I trust human nature about this at least.

As for Microsoft pushing you to leave Electrum for Microsoft SafeLocker, it's an unavoidable part of the deal, but relatively harmless in my opinion. It could even force Microsoft to provide better software to face competition. As a parallel, consider Internet Explorer: it had an easy game at the start, with all the apes adopting it out of sheer ignorance, but it was eventually pushed into irrelevance by the likes of Mozilla and Google, to the point where they recently had to rebrand it with a new name - while improving it at least a little along the way.

I remain optimistic about this issue, if it actually goes on without breaking.

[josephpogi]

https://youtu.be/ls4roJKNnb0

what do you think?

[mymenace]

Now why can't bitcoin be more like Huckabee and layeth the smack down on the bears like she did to CNN's Jim Acosta (that little scummy turd) and just break out to $9k cause it's August already.

https://twitter.com/USANEWS007/status/1025083080833298433

You either believe it or not but the storm is upon us.

fundamentals are gonna have a field day
look at the crooks run

They dumping money as fast as they can.

more dip to come?

[PoolMinor]

21K--My first post in this thread was in the 4K range, crazy

[Anon136]

How to get on page 21,000: Post on page 22,000.

[HairyMaclairy]

When my hairdresser knows what it is it's mainstream (and it's not yet).

Should have sold when my hairdresser told me about BTC in December 2017.

[PoolMinor]

When my hairdresser knows what it is it's mainstream (and it's not yet).

Should have sold when my hairdresser told me about BTC in December 2017.

Precisely similar situation I faced. When people you have been telling since $100/BTC to buy, call you out of the blue to tell you they finally bought some Bitcoin at the latest peak it is a great time to sell it.
December 12th it was. My reply was...why did you buy at the top.

[HairyMaclairy]

Next time I see the word “superexponential”....

I remember Tera saying to sell at $17500 on the way down lol.

[lightfoot]

Eh, you sell it when you need it. Not before. Happy 21k posts everyone!

[HairyMaclairy]

EMA failed to provide support.  Price failed to bounce off EMA as expected.  Bearish cross coming.

[Biodom]

When my hairdresser knows what it is it's mainstream (and it's not yet).

Should have sold when my hairdresser told me about BTC in December 2017.

Why? You can never time these buys and sells again and again.
This game would play over a decade or a decade and a half (if one starts counting from 2013).
By 2023-2028 we will see how it shakes out.

[HairyMaclairy]

When my hairdresser knows what it is it's mainstream (and it's not yet).

Should have sold when my hairdresser told me about BTC in December 2017.

Why? You can never time these buys and sells again and again.
This game would play over a decade or a decade and a half (if one starts counting from 2013).
By 2023-2028 we will see how it shakes out.

Yeah I disagree.  I have managed to keep my stack size the same as it was in early 2017 but pulled out 5x my original investment since the December peak.  I will start putting my profits back in in January 2019.  

I have stopped believing in timing for day trading (I chart for fun and to refine my skills) but I strongly believe in timing over multi year intervals - driven by the halvening cycle.  

[Icygreen]

INFP

Classic r0ach trolling:

INFPs are guided by their principles, rather than by logic (Analysts), excitement (Explorers), or practicality (Sentinels). When deciding how to move forward, they will look to honor, beauty, morality and virtue – INFPs are led by the purity of their intent, not rewards and punishments. People who share the INFP personality type are proud of this quality, and rightly so, but not everyone understands the drive behind these feelings, and it can lead to isolation.

Thanks for looking that up! I hadn't read that about myself but SO true!  Can you read tea leaves also?

[AlcoHoDL]

https://www.16personalities.com/enfj-personality

Maybe not on topic
But interesting too do..... 

“The Logician” (INTP-T)

Reading the text/descriptions for the above type was like reading a description of myself! 100% SPOT ON!

A highly recommended personality test!
Thanks mic!

[HairyMaclairy]

https://www.16personalities.com/enfj-personality

Maybe not on topic
But interesting too do..... 

“The Logician” (INTP-T)

Reading the text/descriptions for the above type was like reading a description of myself! 100% SPOT ON!

A highly recommended personality test!
Thanks mic!

ENTP-A (Debater) which should surprise exactly 0 people here.