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

[Searing]

Correct. Luckily though 'most' of the world's population doesn't have any money, relatively speaking. ...

you, sir, have an odd definition of "luck"

Well, sold some Obelisk Miners and etc, etc for about 4 BTC...thus my panic sell of 13 BTC (panic' like a 9-year-old girl...includining screaming like one)

that was at the $3,965.20 price more or less. Thus 'lucky' and now down to a 9 BTC hoard loss. (The horror!) but a guy has to eat. (retired early)

never know what the f*ck is gonna happen in the BTC and cryptoverse!

[1685887737]

1685887737

[1685887737]

1685887737

[JayJuanGee]

"major news"

Care to elaborate or trolling?

https://bitcointalk.org/index.php?topic=178336.msg48726375#msg48726375

should I have added the rolleyes?

You could have tried typing "major newses" and even shown the reference as "alevlaslo" which would have had an eye rolling effect built into it.

 

[gentlemand]

I wonder if days like this drive r0ach to drink.

No.

It drives it to sit on its (tungsten but it doesn't know that) golden dildo and rotate at up to 75 rpm while crying its eyes out.

[BTCMILLIONAIRE]

I wonder if days like this drive r0ach to drink.

Sewage? In the spirit of Jenkem.

[cAPSLOCK]

I wonder if days like this drive r0ach to drink.

[LFC_Bitcoin]

I wonder if days like this drive r0ach to drink.

Actual r0ach footage

[BTCMILLIONAIRE]

I wonder if days like this drive r0ach to drink.

https://www.youtube.com/watch?v=SZoiJM1vlfc

[JayJuanGee]

Bloomberg Crypto debate

https://twitter.com/crypto/status/1074694186060922880

Did you have any comment on this, ChinkyEyes?  Presumably, you watched it before posting the link?  Just the title is questionable "crypto", but I did not watch it, yet to see whether there is any content worth 26 minutes of my attention.  Can you give some sense of it besides merely saying that it is "on Bloomberg"?

[serveria.com]

I wonder if days like this drive r0ach to drink.

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  

[gentlemand]

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  

That creep only descends on coins that are having a bad time. It skips from thread to thread spewing worthless diarrhea about something it knows nothing about and then disappears again when it gets boring or goes up.

[bitserve]

I wonder if days like this drive r0ach to drink.

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  

He always does. If you check his post history you will notice he was weeeeing the bitcoin pump until around $1000. Then he vanished and moved to the altcoins section. Recently, when he though Bitcoin could go as low as his exit price he came back and started weeeeing the dump. Maybe he has lost any hope already.

[LFC_Bitcoin]

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  

Weeeeeee

[Torque]

People keep throwing this word "adoption" around like it actually means what they think it means.

Bitcoin has been around for nearly a decade now, and the only "adoption" happening with Average Joes is buying low and selling high, hoping to make a profit in fiat. As an investment, period. There's barely any actual e-commerce going on with Bitcoin, not of any magnitude or volume that you could call it real "adoption" with a straight face. Hell, there's barely any major merchant integration at all, and that is after almost a decade. And the actual economics overhead/AML/KYC of crypto actually de-incentivise people to use it for e-commerce.

So if it isn't happening with Bitcoin, then is sure as hell isn't going to be happening with any of the thousands of shitcoins that are out there either.

[JayJuanGee]

3500 didn't hold for too long - rally continues to 3600? Wee!

Protip: Using anything other than Bitstamp price is not going to win you any merits

I'm not here to "win merits" dude 

Are you here to provide meaningful information in order that other wall observer thread participants would be able to relate to what you are posting without being mislead?   

[El duderino_]

I wonder if days like this drive r0ach to drink.

Actual r0ach footage

Don’t you make of r0ach a drinker skilled Guy.... he’s probably as bad in drinking as he is @coining

[El duderino_]

I must say walking around @liverpool..... people know how to drink down there

[JayJuanGee]

In Bitcoin we do not have a massive adoption, it is progressing correctly, but it will take a few years, institutional investors are close, we need to optimize and make the process simpler for everyday users.

If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.

I think that your ideas are good in this post; however, it seems a bit problematic when you are describing matters in terms of "we need" blah blah blah...

Starts to sound like some kind of shilling piece that suggests that bitcoin has various deficiencies, when it does not.

Even though you chose some awkward language to express your ideas, you seem to recognize that development takes time, and perhaps there is a bit more of an organic process that is taking place in bitcoin.  Surely, bitcoin is in very early stages, and there are all kinds of developments and adoptions that are taking place and being experimented upon, so in that regard, many of us can appreciate that "rome was not built in a day."   

[tmfp]

An interesting read about actual exchange volumes.
I haven't fully checked out the Blockchain Transparency Institute, but superficially they appear to be legit:

with over 50 exchanges wash trading over 95% of their volumes

Many of these exchanges exist solely to collect these [listing] fees while their bots run their exchanges.

Based on this data over 80% of the CMC top 25 BTC pairs volume is wash traded.

https://www.blockchaintransparency.org/

[marcus_of_augustus]

Correct. Luckily though 'most' of the world's population doesn't have any money, relatively speaking. ...

you, sir, have an odd definition of "luck"

Luckily (for bitcoin's adoption prospects) ... is the implicit definition from the context of the commentary.

[El duderino_]

People keep throwing this word "adoption" around like it actually means what they think it means.

Bitcoin has been around for nearly a decade now, and the only "adoption" happening with Average Joes is buying low and selling high, hoping to make a profit in fiat. As an investment, period. There's barely any actual e-commerce going on with Bitcoin, not of any magnitude or volume that you could call it real "adoption" with a straight face. Hell, there's barely any major merchant integration at all, and that is after almost a decade. And the actual economics overhead/AML/KYC of crypto actually de-incentivise people to use it for e-commerce.

So if it isn't happening with Bitcoin, then is sure as hell isn't going to be happening with any of the thousands of shitcoins that are out there either.

But with 10 years around and still being very succesfull.... it Will happen and when it happen many Will follow the trend

Gogog BTCBTC