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

[Icygreen]

I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  
About a 5-10 year horizon.  

[Cryptotourist]

CZ and Justin Sun on their way to pump their own coins



https://twitter.com/Bitccolo/status/1095081037149949952

Sorry. Who is who?

Guessing CZ on top?

[El duderino_]

A bit embarrassed, I was trying to hold on to a few merits for this one.
It turns out that I'm a merit black hole.

Only one for you for now xhomerx10 bro, but I'm in debt.

Any activity 'merit' anyone? Please...

Out myself but will have some source Merit replenished soon. I owe some people a couple.

Yeah i know i’m keeping it all down @the merit ledger
....

[P_Shep]

4 genuine (as in not generate by me) relayed transactions on my Lightning Node yesterday

I have now earned the princely sum of 0.2 satoshis!

Woah, bunch more, nearly up to a whole satoshi!

Just 5000x more and i'll almost have enough to cover the costs of the initial BTC transfers!

[jbreher]

but what will you do, when we hit 15K-ish zone again? I am just curious (this may be kinda of a new poll), if you have any strategy? Hodl all, sell 1/3, sell 1/2, sell all, or other.

The baseline doesn't change. Sell X coins every Y increase in price, buy X coins every Y decrease in price. When the bankroll starts getting small, change the buys to X-epsilon.

Of course, this can be modified by bulk sells to fund interesting things. I'm likely to sell a couple percent when it gets to $25k or $50k or somesuch.

But mostly hodl. Always be hodling. You don't want to feel like a chump when it 10x's from your exit point, and you ain't got nothing but a semi-big pile of stinky fiat.

[jbreher]

CZ and Justin Sun on their way to pump their own coins



https://twitter.com/Bitccolo/status/1095081037149949952

"Hey - what are you looking at?!"

"Ummm... noooooththiiiiing..."

[bitserve]

I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  
About a 5-10 year horizon.  

I am fully capitulated. Good thing I still have patience.

[StartupAnalyst]

  Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!

[BitcoinGirl.Club]

Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!

100% sure and image free nevermind, I just made it up LOL

[Last of the V8s]

fluffypony is now officially wasting away
https://youtu.be/1senB4AhDYo
The Magical Crypto Friends Show Episode 16: Putting the Fun in Fungibility

[Paashaas]

First U.S. Pension Funds Take the Plunge on Crypto Investing.

https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

[VB1001]

It does not matter much, but:

13 Feb — Cboe XBT Bitcoin Futures Expiration Date

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

What is this all about? An exchange? Excuse my ignorance by the way.

CME Group, launch Bitcoin futures on Sunday, December 17, 2017.

Globally, CME Group Averaged 17.8 Million Contracts Per Day in January 2019.
When compared to the rest of the contracts traded on the exchange operator worldwide, Bitcoin futures are insignificant, weighing "only 0.03%" of all trading at CME Group.

They say that its volume does not affect the price of Bitcoin, but there is usually volatility before closing.

[Paashaas]

[sirazimuth]

Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!
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I think that guy was only trolling; why would he keep the camera focus on the words instead of the Ledger device?

Probably wanted to see how long it would take for the all of 10 satoshis in the ledger to get drained.....

[LFC_Bitcoin]

oh just all of you fuck off

[wachtwoord]

First U.S. Pension Funds Take the Plunge on Crypto Investing.

https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

Mostly speculative equity investing.

"The fund will also hold a small percentage of its value in liquid cryptocurrencies, such as Bitcoin"

A small percentage of $40M is nothing.

[VB1001]

Craig Wright Gets Caught Lying About Being Satoshi Nakamoto (Not The First Time)

Fortunately, most people within the crypto space are familiar enough with the major players to know about who really is Craig Wright.

https://cryptopotato.com/craig-wright-gets-caught-lying-about-being-satoshi-nakamoto-not-the-first-time/

[Bitcoinaire]

This is interesting. Real estate, commodities, etc, markets cycles don't lengthen as they grow in market size.

Additional logic for Bitcoin's predictable cyclic behavior: as real estate evolved to be a SoV, its cadence continued to be a solid 18.3 years ever since the late 1700s. RE speculators know this. All trad. assets have a average time cadence regardless of its life cycle.


https://twitter.com/aarontaycc/status/1095245426368770049

[goldkingcoiner]

Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!

[BTCMILLIONAIRE]

Is this a joke? You need to pay taxes when it rains in New Jersey?

Is it even allowed to catch rainwater for your own use?  

https://newyork.cbslocal.com/2019/02/04/rain-tax-likely-to-become-reality-in-new-jersey/#.XGHnBuf1tMg.twitter

overly shrill headlines

Stormwater management is, in fact, a thing.  It does cost actual money, here in the real world.

Insurances and more than 60% of income taxed aren't enough yet? Why?