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

[Woodie]

-snip-

Out of sMerits. Have fun mate!
I hope for the green dildo too!
(no homo)

Does it have to be green, or this is another one of those Nasa terminologies pamoldar was talking about

You are taking NASA language LOL

The question is not "when moon".

The question is what moon.

what moon, green moon

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[LFC_Bitcoin]

Now I go to a pub to have a GinTonic (hendricks) of course, after celebrating with my wife the 29 anniversary of married, a good white wine, fish and seafood.

Wow! that's a great achievement brother. Being together for this long is truly amazing. Me and my wife celebrated our third anniversary few days ago. Embrace your eveningeen. Say HI to your wife for me.

I would also like to see a green dildo to take the price to $13k+  🤪

I’ve been with mine for 11 years, no marriage, no kids.

[fillippone]

<snip>
I got you!

Thank you!

[savetherainforest]

I was just looking around and Damn ..... found some RL footage of BoB.....

THE NEXT 24 HOURS ARE CRiTiCaLLy CriTiCaL !!!   

[JayJuanGee]

Will BTC also lose two zeros?  Tune in to find out!

quite ironic how "tuned in" you are roach, about an asymmetric bet and hoping that it goes down. 

In other words, you dumbass, bitcoin's going down, such as losing two zeros (putting it back into upper double digits or lower triple digits) is not as big of a risk as is the likelihood that it goes up in value.

The odds seem stacked against you both in terms of bitcoin going down and if bitcoin goes up how much more potential there is on the upside as compared to the amount that is lost in the event that bitcoin goes down.

In other words (am I running out of words), if you do not use leverage, the most that you can lose is 100% of your bet.  But there are pretty decent ass chances that you can gain more than 100% of your bet and even much larger numbers, 10x 100x or 1,000x.  Even based on the opportunities of other markets, even if bitcoin performs way below expectations, it is good to have money into the possibility of the asymmetric payoff, and bitcoin seems a good place to put value as compared to other places too, including the PMs that you like to promote as being the closest thing to bitcoin, but PMs do not have anywhere near the asymmetric upside potential as bitcoin... especially in current times when bitcoin is even taking some of the value away from PMs because it is better than those PMs in a large number of ways including transportability, storage, divisibility, verification of authenticity, costs of storage, having other use cases such as a ledger and other programability and other reasons.

[makrospex]

Now I go to a pub to have a GinTonic (hendricks) of course, after celebrating with my wife the 29 anniversary of married, a good white wine, fish and seafood.

Tomorrow hangover.  

If you see a big green dildo tonight, it's me who will be pushing hard, If it’s a red candle, I’ve fallen asleep.

Good weekend to everyone.

Which tonic water do you recommend with Hendricks?
Still got a half full Bottle at home...

[El duderino_]

Now I go to a pub to have a GinTonic (hendricks) of course, after celebrating with my wife the 29 anniversary of married, a good white wine, fish and seafood.

Tomorrow hangover.  

If you see a big green dildo tonight, it's me who will be pushing hard, If it’s a red candle, I’ve fallen asleep.

Good weekend to everyone.

Enjoy your evening

[jojo69]

(am I running out of words)

my suspension of disbelief is unwilling

[JayJuanGee]

I have seen so many people get introduced to Bitcoin and then blow up on shitcoins it’s not funny.

Bitcoin maximalist survivors have to be 5%.  

I made and lost a pretty decent fortune on shitcoins... I sold my NEM stake at a 10x profit when I really should have held out for a 500x profit. Then I've lost wallets containing what is now the equivalent of ~$100k in various altcoins. I can look up my addresses and see the balances just sitting there, mocking me for not making additional backups.

Most recently, I had my laptop stolen, which contained about $50k worth of various coins. I made backups of the private keys on a USB, but at the time the USB was in the laptop case, which was also stolen, so... Kind of knocked the wind out of my sails coins-wise.

I'm pretty certain that the altcoin run from 2015-2018 will never happen again, just as the bitcoin run from 2011 to 2014 will never happen again.

Don't need a run of 2011-2014 for BTC to go until 100K$+

Don't need a run like 2015-2017 neither.


For the Alts, It is a different story.

But if you think that BTC will go above 20K$ (ATH), then the discovery price can be anything from 50 to 200K++ before big correction.

The alts Bubble's/run will happen again, till we will stay in a early adoption/stage (and until some projects will be definitely dead). OR you think that BTC will go and stay at 90%+ dominance, but I have really doubt about this.

I agree with you that a variety of altcoins are going to likely continue to pump, and there are likely to be a whole hell of a lot of shit projects and "stable coins" and other bullshit into coinmarket cap to bring down bitcoin, and maybe bitcoin might be 10% of coinmarket cap some day?  I am thinking facebook coin or some other projects like that will possibly cause bitcoin to look like insignificance, but those will be diversions regarding actual value.  So, who gives any shits about what coinmarket cap says? it is a diluted (and possibly deluded, too) metric.  

Anyhow, part of my point is that there are going to be all kinds of projects that could arguably fall under the category of "crypto" (thinking even historically of scams like ripple or instant value chains like bcash, or who the fuck knows how many coins there are going to be ethereum) might even dwarf bitcoin in their size, but so far they have shown that they will not likely even be even to what bitcoin is in terms of offering real value in terms of decentralization, security and individual empowerment based on POW verification that is immutable.

[JayJuanGee]

That's a 2,490x gain.

If BTC did that from now over the next 3 years, that would make it about $24.4 million a coin by 7/26/2022.

Don't think any of us are holding out for that type of gain!

That level of gain is a product of the times.  We surely should be attempting to be more realistic about the range of possibilities, including how extreme the extremes would reasonably be.

I would suggest preparing for more reasonable ranges, including possibilities that best case scenarios are that bitcoin will just triple in value...

If those more outrageously extreme upside scenarios play out then if you have not sold, those become icing on the cake rather than anything that any of us should be reasonably relying on.. even if we are prepared (not to sell too much) in the event that those more extreme scenarios were to play out.

I'm not so sure it will. Some alts will be carried by their own merit and ability to prove themselves as penetrating mainstream adoption, but we definitely won't have a situation like 2017 where any old shitcoin, coins like CLAMS and TIT, are skyrocketing thousands of percent.

Never say never.

[JayJuanGee]

(am I running out of words)

my suspension of disbelief is unwilling

Hahahaha

You seem a bit disgruntled in "our relationship" as if:  I screwed you over too many times, by saying that I am "running out of words," then somehow I end up coming up with moar.  

Maybe advise grandma (purposefully left ambiguous regarding whose grandma   ) to stop delivering chocolate and cream oatmeal cookies, and maybe that will help?    

[Cryptotourist]

You are taking NASA language LOL

The question is not "when moon".

The question is what moon.

Exactly.
Any moon on Proxima b Centauri, would be nice.

+1 WO's merit!

[fillippone]

You are taking NASA language LOL

The question is not "when moon".

The question is what moon.

Events to celebrate:

1. WO page parity
2. 100,000 BTCUSD
3. WO Post parity
4. Gold Parity (BTC capitalisation equals Gold Capitalisation) circa 350,000 USD
5. MOON 385,000 BTC USD
6. PHOBOS 56,000,000 BTC USD

This is more or less in inverse order of relevance to me!
Hopefully

[jbreher]

Interesting if say LFC or Mic would sell all their btc now (hypothetically) and convert it to silver where would they keep all that silver? They would probably need a separate room at the very least. Maybe even a separate building or keep it in a bank vault?  

Cashing out or relocation would then require a semi truck to carry out 

At today's prices, it would take somewhat over 100 BTC to make a million USD. 100 BTC in silver would be over a third of a ton. Good luck hoisting that in your Bug Out Bag.

[JayJuanGee]

Interesting if say LFC or Mic would sell all their btc now (hypothetically) and convert it to silver where would they keep all that silver? They would probably need a separate room at the very least. Maybe even a separate building or keep it in a bank vault?  

I just googled, silver in the UK seems to be £420 ish for 1KG so yeah I think all of us would need a large space to convert our HODL stash into silver.

It’s be a lot easier to keep physical gold at £37,000 per kilo.

I won’t lie, there is something mesmerising about physical gold. I can imagine walking into a room stacked high with physical gold bars & being amazed.

I much prefer my chances of immense wealth through bitcoin though.

Carrying around anything more than a few kilos would become quite tiring.  I find carrying around a trezor and/or cell phone and/or computer and/or a paper wallet (I am not so enthused about paper wallets) or keeping some words in my brain for transport to be much more liberating, but I agree with you that having some of the gold, sometimes,  might be a beautiful sight, but such beautiful sight does not seem worth all of the other hassles and attempting to either move it around, secure it or to divide it up.

[Wilhelm]

This is like an Indian train with passengers falling off.
Can't wait for the weak hands hanging on the side to get lost.

[jbreher]

Silver requires too much space.  Only reason to hold more than 1 kg or so of Ag is if you think TEOTWAWKI is coming... 

I dunno, despite my observation upthread. A standard $1000 face value bag of junk silver is like 54 pounds. So while I wouldn't want that much in a BOB, it might be handy to have at minor-to-mid crunch.

[JayJuanGee]

Come on everyone!

ACCUMULATION.

Please Pamoldar.. ... don't admit that those are your ideas......

That's some pretty simplistically pathetic history.    

It's like an outline of ideas from someone who just learned basics about bitcoin and then becomes proud to show the depth of his knowledge.

Furthermore it is like 2014 and 2015 did not even happen, and personally, those were the years that I solidified my relationship with baby BTC

Also, not even any ideas about 2019, despite our being half way through the year.  

oh gawd, if we have thought leaders like that, please help us......


 

[Cryptotourist]

[machasm]

Now I go to a pub to have a GinTonic (hendricks) of course, after celebrating with my wife the 29 anniversary of married, a good white wine, fish and seafood.

Tomorrow hangover.  

If you see a big green dildo tonight, it's me who will be pushing hard, If it’s a red candle, I’ve fallen asleep.

Good weekend to everyone.

Which tonic water do you recommend with Hendricks?
Still got a half full Bottle at home...

I am a little partial to fever tree elderflower tonic myself with Hendricks with a slice of cucumber.