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

[El duderino_]

The ones who miss out will become even more hostile.  We know about FOMO, but we may have only experienced the start of HFMO (hatred from missing out).
https://twitter.com/NickSzabo4/status/1157693376898064384?s=20

indeed, r0ach is a perfect example

[LFC_Bitcoin]

Buying bitcoins in a few years...


https://twitter.com/RedditBTC/status/1158354120706838528?s=20

Haha, love that!

Us looking at our cold storage stash in 2022.

Btw, this is a reason why we BTC

FFS

Is that Vod, by the way

[El duderino_]

^
That gif really made me laugh

[serveria.com]

SOON

You are already close.

I could buy a few but I’d have 0BTC left
To buy a Lambo you’ve probably got to have 10 x that kind of money elsewhere to justify it. You’d look like a bit of an ass hole in a modest house with a Lambo on the drive.

I suppose you could get any girl you want though pulling up to the club driving your Lambo, just take her to a hotel instead of home after

I guess we'll all have to sacrifice either time or money and choose between a young (middle-aged) man with a modest house and with a Lambo on the drive and an old fart with a mansion pulling up to the club in a Lambo 

[El duderino_]

OMG I can"t believe that I'm about to turn in my resignation letter to the government tomorrow after I decided to go all in on Bitcoin and Blockchain technology.

I'm scared, nervous, excited, and happy all at once. No guts no glory.

Hello Crypto revolution!



https://twitter.com/TheCoinDad/status/1158209187178012672?s=20


I have to say, i'm not advising people to do exactly this..... But F*** I do say don't take this mainly BTC investing to soft cause you might regret....

For me and imo the rule of only invest what you're willing to lose applies more on the sh*tcoins (ALT-coins)

I do not believe to "only buy BTC with what you're willing to lose, cause for me buying BTC= winning big time"

I don't say buy, lay back and tomorrow you be rich, No no noooo... keep working keep creating wealth, but to buy pieces of BTC with that cash flow, also keep learning reading everyday and try to use BTC where and when you can.....

Srry, but for me the time of saying only invest what you are willing to lose = over


Now, I say... buy to be safe !!!!!!!!!

[LFC_Bitcoin]

@jchervinsky
Bitcoin is doing exactly what it's designed for today:

- Fed cuts interest rates, making money cheaper
- China devalues yuan, escalating currency war
- Dow falls 760 points, losing January 2018 highs
- Bitcoin rises 7.5%

If you're surprised, you haven't been paying attention.

https://twitter.com/jchervinsky/status/1158474753427963904?s=21

[LFC_Bitcoin]

Stocks today -



Crypto today -

Credit - https://twitter.com/axelunlimited/status/1158485039128035328?s=21

[JayJuanGee]

Finally, you are saying something that kind of makes sense, B1tUnl0ck3r, which I interpret as a kind of visual "wwwwwweeeeeeee"

yeah, I know, I sprayed you with too much guidestone, softkill agenda, pedoscam...

At least your stupid ass bot or whatever the fuck you are seem to be self-aware enough to realize that you are spouting out a lot of mumbo jumbo that is not even worthy of repetition... it is like you are trying to string too many ideas together.. which probably is a purposeful aim of yours.  I like the lil piggie, though.   

It's the saw that even a dweeb hits a correct point every once in a blue moon, or maybe even more frequently if s/he/it plays the numbers game.

[JayJuanGee]

Money makes you think twice on who you let into your life.

You had some bad experiences?

Of course, when you have no money and you have no assets of any kind, you likely tend to be more risk taking and also you tend to be more radical in your politics, including redistribution because you have a tendency to conclude that the status quo does not have much if any value (at least from your personal perspective)..

[JayJuanGee]

Buying bitcoins in a few years...


https://twitter.com/RedditBTC/status/1158354120706838528?s=20

Haha, love that!

Us looking at our cold storage stash in 2022.

Btw, this is a reason why we BTC

FFS

Is that Vod, by the way

hahahahahaha


Surely would be funny to lure (or troll) Vod into this thread and to test his level of bitcoin dedication.   I cannot recall him ever posting in this thread.  Hm?

[JayJuanGee]

OMG I can"t believe that I'm about to turn in my resignation letter to the government tomorrow after I decided to go all in on Bitcoin and Blockchain technology.

I'm scared, nervous, excited, and happy all at once. No guts no glory.

Hello Crypto revolution!



https://twitter.com/TheCoinDad/status/1158209187178012672?s=20


I have to say, i'm not advising people to do exactly this..... But F*** I do say don't take this mainly BTC investing to soft cause you might regret....

For me and imo the rule of only invest what you're willing to lose applies more on the sh*tcoins (ALT-coins)

I do not believe to "only buy BTC with what you're willing to lose, cause for me buying BTC= winning big time"

I don't say buy, lay back and tomorrow you be rich, No no noooo... keep working keep creating wealth, but to buy pieces of BTC with that cash flow, also keep learning reading everyday and try to use BTC where and when you can.....

Srry, but for me the time of saying only invest what you are willing to lose = over


Now, I say... buy to be safe !!!!!!!!!

I will say, Mic, that the point with this kind of action should not really be so much about how much to invest, but rather about whether how much that a person has already invested has given that person enough security to be able to have reached a certain level of fuck you status.

Of course there are levels of fuck you status, and surely some people want to get freed from some of their JOB obligations before they have even achieved full fuck you status.

So, in some sense, an investment of "time" into BTC (or it seems to be a bit more a convoluted "crypto" concpet with this guy?) does become an additional aspect of investment that the guy might believe will pay off enough that he can move away from a current income stream that he does NOT consider to be as self-fulfilling as bitcoin/crypto.

[LFC_Bitcoin]

Buying bitcoins in a few years...


https://twitter.com/RedditBTC/status/1158354120706838528?s=20

Haha, love that!

Us looking at our cold storage stash in 2022.

Btw, this is a reason why we BTC

FFS

Is that Vod, by the way

hahahahahaha


Surely would be funny to lure (or troll) Vod into this thread and to test his level of bitcoin dedication.   I cannot recall him ever posting in this thread.  Hm?

Vod is very, very wealthy from bitcoin. I’d say only possibly Bob or another person (who I won’t name as he may not want me to) are on a similar monetary level as Vod.

[fillippone]

A few hours ago PlanB tweeted:

China / Hong Kong situation is Cyprus ^ 2: mass capital exodus (think trillions $). China devaluating CNH > 7$ #bitcoin 🚀🚀🚀

https://twitter.com/100trillionUSD/status/1158226096325705728?s=20


Well, things are going south:
USD CNH:
https://www.fxstreet.com/news/usd-cnh-rallies-to-fresh-highs-as-us-treasury-calls-china-as-currency-manipulator-201908052232

USD HKD
https://www.bloomberg.com/news/newsletters/2019-08-05/currency-manipulator

Crypto Calm
Investors looking for a place to hide are finding an unlikely safe haven: Bitcoin. Securities such as sovereign bonds and gold rose as China fired back in the trade war, but so too did major cryptocurrencies. They're increasingly seen as a refuge during distressed times, with Bitcoin gaining more than 14% and smaller peers including XRP and Litecoin each rising more than 5%. The Swiss franc led G-10 currencies on traditional haven buying, which also sent gold higher.

I think this is the main reason behind this green move.

Trump said China is Devaluing FX and playing unfair..
WOW
Who was the first to play with currency starting QE?

Go bitcoin GO!

[STT]

I would argue to always stay diversified as possible but I've no idea on personal details and where the correct balance lies for anyone of course.    Too many people are way too stressed in their jobs and stress will damage your health no doubts but thats not often considered fully.

LFC great post, I do think similar.  It would seem BTC is reacting to monetary policy which is weaker and DOW for now is speculating on future trade flows, any barrier to trade being a negative opposite to the benefits mutual trade can bring.
Yuan being devalued which is no benefit to the people who must suffer that cost encourages greater usage of BTC across the population of communist china who miss the benefits capitalism should bring them.

Bullish video by nic trades - https://www.youtube.com/watch?v=vt-qhanpvQ8
https://youtu.be/bqDZyuJmQeo?t=391

start of HFMO (hatred from missing out)

Never really agreed with this narrative though I realise its not completely serious but BTC has to circulate as some kind of economy, at every price it has to be reasonable to buy or sell.   Monetary velocity would be smarty pants take on that, lots of circulation is good for underlying value from that usage.

[El duderino_]

Gonna catch up tomorrow

Into HODLsleep

Good night WO brothers

[600watt]

there is a big fat 400btc wall on stamp at $11800 being eaten.

discussobserve for the sake of the title of this thread.

edit:

also check out:

http://data.bitcoinity.org/markets/books/USD

[HairyMaclairy]

[HairyMaclairy]

New daily and she’s starting her day right in the green

[fabiorem]

Money makes you think twice on who you let into your life.

True.

[Majormax]

During the winter of 2019 I was mentally preparing for 10K sometime around Dec 2020. I wouldn't give even a 1% chance to stay above 10K in the Summer of this year. For >20K It didn't even cross my mind it was possible this year. But here we are - nearly 12K for the 3rd or 4th time this Summer. With that pace we will be >20K way too soon than most of us expected.

I've read multiple times by newbies in this thread that the 2017 run can not be repeated because then Bitcoin was in the news all over the world and that caused the run. This is BS! This happened in late November and early December when we were already around 10K. Do you think that many peeps that heard about Bitcoin, say in 1. Dec 2107 registered in some exchange and bought by 15Dec? No! I know thousands of people because of my occupation and I must tell that not even 0.1% of them bought bitcoins. On the contrary, because of their ignorance some of them bought the leading 3 shitcoins which names I don't want to write. Why - because they looked cheaper from a few dollars to several thousands (never heard of a market cap, n00bs). Now each of them changed their mind and regrets for not buying at 3K. I encourage them not to wait anymore but to act decisevly and invest now.

TD;LR What happens now is a natural growth because of the lack of supply. The average Joe is much more informed now and prefers to buy and hodl and not to gamble on exchanges. There are some psycological barriers like 20K, 50K, etc. but with time each of them will fall. 286 days before the halving and nothing to be afraid of. Buy and hodl!

IMV 14k is the real key resistance. Fair chance that will hold into 2020. The reason is because the exponential spike failed just below 14k, and these runs always create hard overhead resistance. The flipside to that is, if 14k is decisively broken soon, it shows there is a lot of relative strength....and 20k is next stop.