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

[VB1001]

Top Trump Advisor’s Shocking Claim Proves Why We Need Bitcoin

As the Trump administration passes a snowballing debt pile onto Generation Z with self-serving monetary policy, a powerful pro-Bitcoin argument once confined to developing nations is coming home to roost.

Naturally, a deflationary asset like Bitcoin could be a life-saver for people who have faced hyperinflation, but many reports have suggested that it isn’t such a compelling idea in the developed world, where sturdy mediums of exchange exist. This argument ignores the fact that damage isn’t always immediately apparent.

https://www.ccn.com/top-trump-advisors-shocking-claim-proves-why-we-need-bitcoin

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[jojo69]

As if every administration in the last 60 years hasn't 'passed a snowballing debt pile onto the next generation with self-serving monetary policy'.

[Toxic2040]

short to long...or would that be long to short?          anyway..   t-minus 44 minutes and counting

1h


4h


DWM

[Biodom]

I hope you can catch what you hope for, but come on 4.5K--5K--or 5.5K = all the same

For a long hodler of course

I've been hearing that for a while, and that still literally doesn't make any bit of sense to me. Each and every satoshi should be saved; the mathematics here is extremely simple.

Scenario 1:

You buy BTC at the rate of $4.5k per BTC with your $10k budget. You get ~2.22 BTC.  You sell your bitcoin at the rate of $50,000 each. You get $111,000.

Scenario 2:

You buy BTC at the rate of $5.5k per BTC with your $10k budget. You get ~1.81 BTC. You sell your bitcoin at the rate of $50,000 each. You get $90,500.

$111,000 minus $90,500 = $20,500 EXTRA.

Buying at $4.5k is NOT equivalent to buying at $5.5k, "especially" if you're thinking long-term.

it does not work like this at all as this is a simplified scenario.
What if you spend in one case 10K and in another 12.2K...you would have 50K in the end (in both cases).
Since it is not possible to buy ALL bitcoin, the example is underwhelming.
I am not even sure that I want to ever exchange btc to $$. Why would I?
IMHO, buy some, sell some (when you want) and not try to hit the highest (when selling) or the lowest (when buying).

[fillippone]

Wall Observer Statistics, number of responses per month and BTCitcoin value at the end of each month:

Code:

      Wall Observer BTC/USD       Replies   +/- Replies   BTC Value end Month

2018 Jan / Wall Observer BTC/USD  -   386,480  >  5,680        10,138
2018 Feb / Wall Observer BTC/USD  -   396,480  > 10,000    10,629
2018 Mar / Wall Observer BTC/USD  -   402,460  >  5,980    7,119
2018 Apr / Wall Observer BTC/USD  -   407,757  >  5,297     9,275
2018 May / Wall Observer BTC/USD  -   410,507  >  2,750     7,559
2018 Jun / Wall Observer BTC/USD  -   416,730  >  6,223     6,457
2018 Jul / Wall Observer BTC/USD  -   419,443  >  2,713     7,848
2018 Aug / Wall Observer BTC/USD  -   424,622  >  5,179     6,935
2018 Sep / Wall Observer BTC/USD  -   426,942  >  2,320    6,633
2018 Oct / Wall Observer BTC/USD  -   430,939  >  3,997     6,642
2018 Nov / Wall Observer BTC/USD  -   437,199  >  6,260     4,015
2018 Dec / Wall Observer BTC/USD  -   446,510  >  9,311     3,800

2019 Jan / Wall Observer BTC/USD  -   452,916  >  6,406     3,459
2019 Feb / Wall Observer BTC/USD  -   456,360  >  3,444    3,900
2019 Mar / Wall Observer BTC/USD  -   464,797  >  8,437    4,103

If you think it's okay, I'll keep the statistics updated every month of the current year.

And if you do not like it, or you think this is useless, there's no problem, I throw it in the trash.

But I think that WO deserves a monthly statistic, in my opinion.

The increase in visits is reciprocal with the increase and decrease in the price of BTC.

More price = More visits
Less price = Less visits

I know we all know this, but it's good to see it in numbers, in our thread, It will only be published on the 1st of each month.

Do you want a monthly statistic in WO?

I am working on something like this, for the monthly statistics of the current year in this format, I will improve the presentation, and historical statistics in an quote format.

Ok?

Why asking for permission?
We are bitcoiners, we should be anarco-crypto-liberists (not liberals).
Just do it, worst thing it can happen, someone will scroll past your post.
I would also add a link to the most merited post  for every month!

[JayJuanGee]

Your taxes helped poor people and an overwhelming amount of illegal aliens get basic healthcare!?

FTFY. Would rather have put ACA money into building the wall, to mitigate the arguable open border and flood of illegal immigration we are dealing with.

Also, I draw the line at my tax dollars being used for third trimester abortions, in the name of "basic healthcare".

Yeah right... 



A purported black gay man complaining that other socially marginalized people are getting too many societal protections, including access to basic life choices.

The irony.. the irony.

[Biodom]

A simple fact:

in 1975 the minimal wage was $5.15 EDIT: looked at a wrong reference, apparently it was $2.10/hr in 1975, which is $9.9 now
in 2019 the minimal wage is $7.25

Well, $5.15 2.1 adjusted for inflation would be $24.33 9.9 today, so $15 number is not crazy.

Bob surely produces mixed messages (like paying 1% for 7 fig btc tx is OK, but $15/hr for MickeyD is too much).
The rich are different..., but I liked him more during drinking period...

[jojo69]

He's just grumpy right now...seeing that last line on the tax bill will do that.

[Toxic2040]

FalconHeavy nailed it
successful launch to orbit
successful triple booster landing

wtg SpaceX


+1 WOsMerit

[JayJuanGee]

Next 6 hours are critical. Bears are constantly trying to break the ~$5000 support, and I've got a bad feeling that they'll succeed in the current 6-hour candle.

I hate the bear.

New lows? I don't think so... That guy seems way too bearish on bitcoin at this point.

May be you want to ask the guy. Here: https://twitter.com/CryptoLeos/status/1116384467529150465/photo/1

Of course, I am still not convinced that this market has transitioned into anything beyond further consolidation.. even if there are recent bullish tendencies in the past month or so and especially in the past couple of weeks.

But, projections of impending new lows, borders on wishful thinking to me, even while we cannot really rule out that the bottom is NOT in...

For example, if we stay above $4,200 in the coming weeks, then I might just switch over to considering this a bull market, at that time.

TLDR: The next two weeks = critical

[HairyMaclairy]

A purported black gay man

That is unkind Jay. We have no reason to think Bob is anyone other than exactly who he says he is.

[jojo69]

burn on orbit baby!

no kerbals were harmed

[Toxic2040]

burn on orbit baby!

no kerbals were harmed

+1 WOsMerit

36.5k kph at 200 klicks and still going UP!    sounds like a hella ride...sign me up.

[JayJuanGee]

A purported black gay man

That is unkind Jay. We have no reason to think Bob is anyone other than exactly who he says he is.

Take interwebs representations with a decently-sized grain of salt... mister pister.   

[JayJuanGee]

A purported black gay man complaining that other socially marginalized people are getting too many societal protections, including access to basic life choices.
The irony.. the irony.

Go fuck yourself.

You edited out Mr. T and his rolling eyes....  

Hey?  

That was the most speakingly part of my earlier post.    Screwing up my "artistic" representations.  

What's up like dat?  

You fuck.        

[El duderino_]

Please let STFU Thursday JJG kindly flow into STFU Friday JJG

Just a friendly WO suggestion.

[JayJuanGee]

Please let STFU Thursday JJG kindly flow into STFU Friday JJG

Just a friendly WO suggestion.

If jbreher is able to survive through his first Wednesday, relatively unblemished, then who am I to proclaim that you guys and gal are completely foolish in your inability to focus, childish endeavors?   

[El duderino_]

Please let STFU Thursday JJG kindly flow into STFU Friday JJG

Just a friendly WO suggestion.

If jbreher is able to survive through his first Wednesday, relatively unblemished, then who am I to proclaim that you guys and gal are completely foolish in your inability to focus, childish endeavors?   

[El duderino_]

#HODLsleep

Good night WO’s

[HairyMaclairy]

The point about a $15 wage demand at McDonalds, leading to workers being replaced with $35k kiosks, was an example of capitalism and the free market responding to stimulus.

I do automation for a living and am all for $35k kiosks. I also understand well the limits of automation and the need for humans to mop up any deviations.  

The minimum wage in Australia is A$22 which is US$15.60. We have full employment here in Australia (5% unemployment rate).  

If your business is so shit you can’t afford to pay a living wage, then you deserve to go out of business. I’m looking at you, Walmart.