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

[realr0ach]

Guess what happens when the gold price spikes - there is a flood of new supply. As I have been repeatedly saying over the past 5 years, there are a ton of gold mines on care and maintenance waiting for this exact moment.

That's not really how it works.  A lot of people just mined only the high grade areas they control when price dropped, essentially cannibalizing their business.  That means the price has to rise even higher to make it worthwhile reopening an entirely low grade site.  Or maybe it's not worthwhile reopening at all unless the price went completely astronomical.  The oil industry probably has the same problems.

I've always expected the Fort knox gold to be released at some pressure point though its hard to estimate.

What planet do you live on?  Looking at charts of outflows over time, I estimate the amount of gold America holds is between 0 to 2000 tons max.  There is no giant horde of US gold unless they've managed to repo it back from whatever Jews stole it, or unless they stole some large amounts from countries like Libya and others.

[Majormax]

[

You don't have to play the whole stock market, and to increase leverage, you can use puts/calls.
Bitcoin itself trades more like an option (on a new financial system, I guess).

Trading options on stocks/indices is a 90% sure fire loser over the long term. It was similar even 30 years ago when the market was human traded (mostly), but it is far more so now.

The reason is that options have an expiry date. The 'market' will always conspire to extract the greatest amount from holders of options at expiry. The vast majority of traders still hold to expiry, and always will. For instruments with no expiry date, the market imposes a time holding cost (above and beyond the price of initial purchase).

There would be no market at all if this were not the case, because the expiries and holding costs are what fund the costs and profits of the market makers/whole financial machine/industry.


BTC (like gold ) could be called an option , but it is without expiry date and holding cost.

[realr0ach]

Alita the Battle Angel.

I thought it was funny how they got a Mestizo girl to act the part and changed her into a CG white girl for the movie.  It was like another shoah.  Or maybe they used a cartoonification form of generalized 'beauty' and it just so happens the universal standard of that is symmetrical and white.  Because what purpose would an ugly superhero have?  A superhero is supposed to exemplify the best genes.

[Negotiation]

Good morning WO!
Five figures continued...
Observing @ $10,520

I lost $200USD Observing....

[BitcoinGirl.Club]

I lost $200USD Observing....

What do you mean?

[Negotiation]

I lost $200USD Observing....

What do you mean?

I was a bit harmed for my wrong decision I was financially hurt because thought it was wrong.

[BitcoinGirl.Club]

I was a bit harmed for my wrong decision I was financially hurt because thought it was wrong.

If you are talking about swing trading that that's not a huge lose at all.

[Negotiation]

I was a bit harmed for my wrong decision I was financially hurt because thought it was wrong.

If you are talking about swing trading that that's not a huge lose at all.

I thought maybe he would go down further because he had changed his course and made the wrong decision Although one such as the other common loss!

[Lambie Slayer]

[edited out]

Since we are making jokes and digs.... I get the feeling that instead of trying anything physical, your "wrath" might have involved dropping a very long anonymous letter in my locker if you were upset bc of something "extreme" I said.  

Maybe dropping a dick pic?  hahahaha

via Imgflip Meme Generator

you set yourself up for that one buddy  

Maybe funny, maybe not.  In my humble bumble opinion, it is a bit problematic when your humor only works as a product of your changing my actual post, rather than working with the words that I had already used.  

A lot less creativity, there and misleading, too.. ... but whatever, do what you like.... and maybe you will even get suspended or banned for such conduct, as a side product... that would be funny, right?    

I didn't change your words. You should go back and look.

You made the reference about yourself clandestinely dropping a dick pic in another mans locker.

I merely added bold text to your words and gave a light hearted Homo Erectus meme response that your comment was clearly begging for.  

https://bitcointalk.org/index.php?topic=178336.msg52017778#msg52017778 refer back to your original quote if you doubt me.  

Also, you really think I would get banned or suspended w harmless anthropological memes like this??

via Imgflip Meme Generator

This is all in good fun and nothing compared to the things roach gets away with.

[BitcoinGirl.Club]

I thought maybe he would go down further because he had changed his course and made the wrong decision Although one such as the other common loss!

Okay I am totally confused here. Who is the he now?

Can you please write in detail instead of one line chatting style conversations? I am really not good at short cut communications.

[El duderino_]

No more info is needed. See you at 65K.

https://twitter.com/galaxyBTC/status/1157082132231180294?s=20

Who could live with this, or to bearish? 

[El duderino_]

No more info is needed. See you at 65K.

https://twitter.com/galaxyBTC/status/1157082132231180294?s=20

Who could live with this, or to bearish? 

$BTC going up today is nice and all but dont get lost in the excitement

macro outlook is still grim with a 17-20% decline still on the cards before we can look for a new impulse back up to all time highs🤷‍♀️

short term bullish mid term bearish long term "we all gonna make it fam"



https://twitter.com/SmartContracter/status/1157186739611422720?s=20

First two tweets i have seen today....... first one UP from now second one with 17-20% decline after this short term Bull-moments...

Probably next tweets will be even more with much of different prices, bottomline no one knows   

#stayTUNED@hm'sOVERLAY 

[Negotiation]

I thought maybe he would go down further because he had changed his course and made the wrong decision Although one such as the other common loss!

Okay I am totally confused here. Who is the he now?

Can you please write in detail instead of one line chatting style conversations? I am really not good at short cut communications.

Okay mainly one line or short cut chatting style it's regular communication in others I'll write about it? Generally speaking, we are used to a variety of groups at this place that I am almost new to Among you, Trading can be discussed in detail Most of the time write everyone ends the conversation in small words which sometimes find difficult to understand myself. On the other hand, many people write in great detail which I do not know.

[El duderino_]

Difficulty bottoms after downward adjustments (dark blue: Dec2011, May2015, Dec2018) mark the start of a bull run. Around 2-3x price at difficulty bottom (light blue, 30k blocks) there is some struggle, like right now. Then price goes parabolic (green). Top at around 120k blocks.



https://twitter.com/100trillionUSD/status/1155089218294693888?s=20

Damn my morning time is almost over again, sigh gotta run in a few minutes and the WO still is QUIET

give us a :

[Globb0]

RSI topped a bit on the 1 and 4.

[bakasabo]

Difficulty bottoms after downward adjustments (dark blue: Dec2011, May2015, Dec2018) mark the start of a bull run. Around 2-3x price at difficulty bottom (light blue, 30k blocks) there is some struggle, like right now. Then price goes parabolic (green). Top at around 120k blocks.

I fully trust you because:



 

[realr0ach]

JayJuanGee, do you find the existence of pugs strange?  Like people are purposely creating retarded dogs as some form of self-amusement?

[fillippone]

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

I just decided two additional rules:
1. Contest will end when no additional (funny) entries for 12 hours: it is potentially infinte contest! Just don’t let it die!
2. I reserve the right to merit as many posts with as many merits I want, with the minimum of 2 for the winner (capped by my tiny allowance)

[realr0ach]

Looks totally decentralized.  This doesn't appear to be some type of dystopia where a single factory owner controls all means of production and you're required to ask permission to him in order to transact.  There's no way possible this thing can be one enormous scam.

[mindrust]

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:

They put hard disk mining bitcoin? Really?

WO: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

They missed the most important information, here i fixed their chart:



Oberserving $10530...

20 years later I will be at my 50's though. Having a few billions will surely help but I don't know. I'd rather want them in my 30's which means now or at least in the next 10 years.