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

[Paashaas]

Bitcoin passes a milestone 400 million transactions.

https://bitcoinist.com/bitcoin-passes-milestone-400-million-transactions/

[1556247876]

1556247876

[Toxic2040]

also in the good news department tonight.... 'Stamp got their NYC bitlicense finally.    #bullish




https://www.bitstamp.net/article/bitstamp-obtains-bitlicense/

[infofront]

[Toxic2040]

Due to a clerical error the wrong image was posted above. Please disregard the above message and concentrate on feels guy look of extreme pleasure. You are encourage to forget all the unpleasant memories the above image caused. All further inquires should be forwarded to Port Control. That is all.

[Biodom]

I already have a driver's license.
What's a bitlicense   ?

...the galactic black hole was found in repeated violation of the "unlicensed bits" processing ban.
Pictures of multiple said violations are expected tomorrow, April 10.

[Toxic2040]

I already have a driver's license.
What's a bitlicense   ?

One of those ugly onramp/offramp thingys they are so keen on developing I would think. Unsightly if you ask me but necessary perhaps if more nocoiners wish to join the ranks of the elite atop the Wall someday. Only good news for people in the US probably but more competition for market share means a better product for the consumer in the end hopefully.

---

the evening wall report

its tuesday

1h


W

[yefi]

Instead of attempting to convince people who can't be convinced why aren't they instead working on the actual development of their pet? That might actually achieve something for the same amount of calories.

Fair enough... what do you do if you do not a pet?

Fondle your balls.

[bitebits]

I was 1 BTC away from my cryptowinter accumulation goal. I'm still holding out hope for a $1,000 discount from here  

I’m 2.1BTC away from a round number that I set myself as my total HODL stash. I might be able to reach it if we stay in this range until maybe Xmas.

If not then whatever, I have enough. Just a bit of OCD wanting to reach a certain figure.

I am 16.15BTC away.

I'm a bit more than 16.15 BTC above my number.  You can have some of mine, since you are so nice and sweet.  

I am only 4.5BTC away from 10btc. It'll take a while if bitcoin keeps rising like this. 5 was my first target and I accomplished it a few weeks ago. 10 is next. 21 is after that. I'll probably cash out to lambo (by lambo i mean whatever i like) before I reach 21 but who knows.

Tone Vays says sub $3k, even sub 2k is still possible. I might get 4-5 coins instantly if that happens.

[...] So let's say, for example, my goal were to reach 21 coins, but I felt that I should acquire 50% above my goal just to be comfortable, which would be 31.5 BTC.  Of course, once I reach the 31.5 BTC, I could reassess my goals, or I can figure out a way to play with that.. and maybe continue to keep 31.5BTC as my goal, but realize that 21BTC would be enough too.. .based on subsequent events and reassessments.

Enough bitcoin does not exist I shamefully learnt over the years. Each time you reach some imaginary goal you then want to aim for the next interesting or round figure. Examples of milestones probably sounding familiar to some:

'1 out of 21 million', 'same amount as decimal places', '1 out of 10 million', 5, 10, 'a 12.5 block', '1 out of a million', 'a 25 block', '1 out of 500k', 'a 50 block', 'stacking blocks of various sizes', '1 out of 100k', '1 out of 10k', '1 out of 1k', 'I save a few extra for family members', ...

[Phil_S]

When in doubt, zoom out #Bitcoin

   

Statistic speaks 

I used to believe in "3x per year"... but then we crashed to $3122.

Now I put my faith in "2x per year" long-term trend.

[Syke]

I used to believe in "3x per year"... but then we crashed to $3122.

Now I put my faith in "2x per year" long-term trend.

Eyeballing that, it looks like we have about 2 yrs to go before we reach a new ATH.

[JayJuanGee]

Jojo:  surely that’s well meant and endearing.

I'm stuck charging her an obsolete rate, can't bring myself to raise it on her, can't quit and have her find someone that will take advantage or rob her...

jojo : sugar daddy   

[HairyMaclairy]

Jojo:  surely that’s well meant and endearing.

I'm stuck charging her an obsolete rate, can't bring myself to raise it on her, can't quit and have her find someone that will take advantage or rob her...

jojo : sugar daddy  

Hang on, you are the one giving away 16BTC

[Lambie Slayer]

PANTS RECEIVED

09/12 gembitz
09/12 cAPSLOCK
09/12 jojo69
09/12 RealMachasm
09/12 Lauda
09/12 d_eddie
09/12 xhomerx10
09/12 kurious
09/12 'TheMajor'

*Now accepting short pants, track pants and trousers.

Updated.

NB. Socks sent to the pants address will not be credited to your account and will be effectively lost.

Mayor Bitcorn took a lot of peoples pants in Sept 17 w a price of about 3800. We then had the parabolic run up to 20k. Perhaps next go around he will abscond with WO hats and then we blast off to 100k. Maybe the pants were collateral for Tether printing. We may never know.

[Toxic2040]

t-minus 15 hours and counting

30m


D

#stronghands

-------

wednesdays are much more manageable dont you agree?      off with their...wait..thats not it..marshal the hordes..yes..thats it.  go heavy.

[JayJuanGee]

I was 1 BTC away from my cryptowinter accumulation goal. I'm still holding out hope for a $1,000 discount from here  

I’m 2.1BTC away from a round number that I set myself as my total HODL stash. I might be able to reach it if we stay in this range until maybe Xmas.

If not then whatever, I have enough. Just a bit of OCD wanting to reach a certain figure.

I am 16.15BTC away.

I'm a bit more than 16.15 BTC above my number.  You can have some of mine, since you are so nice and sweet.  

I am only 4.5BTC away from 10btc. It'll take a while if bitcoin keeps rising like this. 5 was my first target and I accomplished it a few weeks ago. 10 is next. 21 is after that. I'll probably cash out to lambo (by lambo i mean whatever i like) before I reach 21 but who knows.

Tone Vays says sub $3k, even sub 2k is still possible. I might get 4-5 coins instantly if that happens.

[...] So let's say, for example, my goal were to reach 21 coins, but I felt that I should acquire 50% above my goal just to be comfortable, which would be 31.5 BTC.  Of course, once I reach the 31.5 BTC, I could reassess my goals, or I can figure out a way to play with that.. and maybe continue to keep 31.5BTC as my goal, but realize that 21BTC would be enough too.. .based on subsequent events and reassessments.

Enough bitcoin does not exist I shamefully learnt over the years. Each time you reach some imaginary goal you then want to aim for the next interesting or round figure. Examples of milestones probably sounding familiar to some:

'1 out of 21 million', 'same amount as decimal places', '1 out of 10 million', 5, 10, 'a 12.5 block', '1 out of a million', 'a 25 block', '1 out of 500k', 'a 50 block', 'stacking blocks of various sizes', '1 out of 100k', '1 out of 10k', '1 out of 1k', 'I save a few extra for family members', ...

I have not learned that, at least not for myself.  Of course, the way a guy assesses the circumstances and the BTC accumulation and maintenance goal(s) is likely to change with the passage of time, but merely the reaching of BTC accumulation and maintenance goals and perhaps the increasing of the goals to allow for cushioning should not cause a forever trajectory to want more and more and more.

Part of the reason that it becomes comfortable to set higher BTC accumulation and maintenance goals would come from the dropping value or at least some of the feelings of uncertainty coming through volatility (namely downward volatility that many of us likely noticed happens from time in bitcoin). 

When the opposite happens, namely bitcoin prices goes shooting up, at some point, there should come a realization that a BTC accumulator/maintainer has largely reached and sufficiently surpassed his/her goals.. and therefore, any extra accumulation becomes icing on the cake rather than some kind of ongoing stressful motivating factor.

Of course, if a guy/gal has some psychological issues, such as never wanting to be out of the ratt race, then of course, the pursuit of more and more and moar is going to continue to place demands on such person(s).

[numismatist]

I used to believe in "3x per year"... but then we crashed to $3122.

Now I put my faith in "2x per year" long-term trend.

Eyeballing that, it looks like we have about 2 yrs to go before we reach a new ATH.

One and a half year seems needed to leave behind a bearish trend, this time has passed like this month. A sideways area stretching a half year would be good for confidence, as in "has built a new floor".

[JayJuanGee]

When in doubt, zoom out #Bitcoin

   

Statistic speaks 

I used to believe in "3x per year"... but then we crashed to $3122.

Now I put my faith in "2x per year" long-term trend.

Personally, I believe that it is a lot easier to make sure that you are happy by bringing down your expectations, and when I started, I was hoping to average at least .06x per year, and of course, I was prepared to average even less than that because of an understanding that I was investing in a very risky and innovative asset class. 

I have never really been disappointed with BTC, even though I have to admit that I got a little bit worried for nearly a year year from about late 2014 to late 2015, even while my returns (value of my holdings) lingered in a negative territory for much longer than a year, and perhaps a bit over two years from early 2014 to mid-2016, which caused me to ponder if the value of my holdings would ever go back above and maintain at least my minimum hope inspired levels of at least .06x per year.

Of course, we know how that story ends, because when BTC prices started going up in late 2015, by the time, we entered into early 2016, the light at the end of the tunnel provided more and more assurances that I was not going to feel like a total idiot and completely underperform my minimum expectations.

Gosh, now, I could raise my expectations, but I don't feel any real need to raise my expectations.... at least .06x per year on average seems to continue to allow a healthy way of projecting my expenses, points at which I feel fuck you status is achieved and a sufficient price cushion to reliably live off of part of the value of the BTC portion of my assets, as needed and upon my personal discretion without feeling pressures. 

One of the ironies of having and maintaining BTC as part of a wealth package has caused a decent amount of reluctance for me to cash out any portion of the BTC part of my total wealth, out of a kind of Gresham's law perspective which channels my behavior into spending the less valuable fiat portions of my wealth first... and even several other members here mentioned that they would be spending their various shitcoins before spending their bitcoins - which also seems to be a prudent and reasonable way forward.

[JayJuanGee]

Jojo:  surely that’s well meant and endearing.

I'm stuck charging her an obsolete rate, can't bring myself to raise it on her, can't quit and have her find someone that will take advantage or rob her...

jojo : sugar daddy  

Hang on, you are the one giving away 16BTC

In theory... hahahahahahaha

Don't I come off as a tease?

We should consider context?  Am I wrong?

[StartupAnalyst]

Nice poster, don't you think it cool?
Now I want a flag like that.

[Neo_Coin]