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

[El duderino_]

If Trump still hot the same hairpiece....

[LFC_Bitcoin]

If Trump still hot the same hairpiece....

He might be dead

[Biodom]

In other news...

Someone suggests shorting HK banks as a token of support for protestors:

https://realmoney.thestreet.com/investing/hong-kong-protesters-try-to-start-a-run-on-the-banks-and-the-currency-15059445

Should the go-for-the-cash strategy catch on, however, it could morph into something more significant.

yet

In fact, many ATMs have run out of cash. Media reports suggest around half are not now in service, while some bank branches ran out of U.S. dollars to issue. Any chance of a sustained run on the banks looks very limited, for now, since this was a relatively small group of netizens who organized the effort.

[bkbirge]

This guy thinks we may already be in a recession, talks about safe havens but notably leaves out any discussion of crypto, when usually he has something to say about it, interesting if slightly long read...
https://seekingalpha.com/article/4286282-oh-yes-recession-coming

[infofront]

Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

[kurious]

Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

If you actually had sent him packing, you'd be deafened by the sound of a thousand champagne corks popping and the general chorus of 'Ding dong the wicked with is dead'

[El duderino_]

Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

Just glad to see you post again

[mindrust]

Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.

[JayJuanGee]

You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, ... unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there)

Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding?

A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst.

- jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia

Noted:  Jbreher admits to being one of the armagaeddon nutjobs.  Hopefully, you, jbreher, are not staking too much of actual value (more  than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication)  on such an unlikely scenario.

[LFC_Bitcoin]

Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

Just glad to see you post again

Oh shit mic, I just remembered your BAKKT game. They are confirmed as commencing trading 23rd September. Your BAKKT thread will finally have a winner soon

I thought you were safe there & would never have to pay anybody out as I didn’t think they’d ever get the approvals/license.

Edit - I found the thread. You said the 17th day AFTER they open -

https://bitcointalk.org/index.php?topic=5083242.0

[Biodom]

Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

Just glad to see you post again

Oh shit mic, I just remembered your BAKKT game. They are confirmed as commencing trading 23rd September. Your BAKKT thread will finally have a winner soon

I thought you were safe there & would never have to pay anybody out as I didn’t think they’d ever get the approvals/license.

Edit - I found the thread. You said the 17th day AFTER they open -

https://bitcointalk.org/index.php?topic=5083242.0

eatonabooger (yew!) is currently winning

[BitcoinNewsMagazine]

enky.nakamura developed a useful support and resistance band based indicator called KAMA V1.22 which is available on TradingView. Right now bitcoin tested and held support but is still below the daily KAMA moving average which is at about $11000.

[JayJuanGee]

In 2015 I sold 800 BTC to buy a house for my family.

In 2018 I sold my house and bought back 50 BTC.

People who thinks I'm crazy for selling my house please know that my only regret is to have sold my bitcoins.

Investment in Real Estate is now garbage comparing to #Bitcoin.

https://twitter.com/bitcoinization/status/1161310562866880513?s=21

Story for a Dumbass or a Legend?

I see he’s brave to admit his wrong being and buying back BTC there should be merit in that act, but F*** how dumb to sold all of his BTC for a house..... (I think all of his BTC, not sure but if he had left it should be more so he wouldn’t sell the house to buy again 50 ....)

That is fucking crazy to have sold that many BTC in 2015 - clearly 2015 was a BIG ASS dip in the market for pretty much the whole year....   Pretty much mid-$200s for the whole year (bouncing around some, of course).

Lack of delayed gratification.

If the short-sighted guy knew that he wanted a house, he could have sold some in 2014 in the $600 plus territory (maybe not all of them) or just waited the matter out until 2017.. or even taken out a mortgage... but whatever, its a form of short-sightedness in a decently strong kind of way.   The buy back of the house for only 50 BTC shows how god-damned difficult it would be to get anywhere close to 800 BTC ever again for a person with such a seemingly average budget.

[infofront]

Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.

He always disappears during "sailing season".

[Biodom]

shows how god-damned difficult it would be to get anywhere close to 800 BTC ever again for a person with such a seemingly average budget.

Most likely, impossible.
After all, 800btc is btc of approximately 282 thousand average earthlings (at full emission).

[mindrust]

Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.

He always disappears during "sailing season".

That bastard. Without us.



Ill get one too when I become rich.

[Pente]

Seeing the article on CoinDesk about Bakkt reminded me of my magnr.com, where I use to speculate on margin about half a decade ago. Anyway, I went to the site and they seem to gone except some splash page and a broken link for previous customers.

Anyway, I tried googling them for more information about their demise(?), but cant find anything informative. Figured the best place to ask is here amongst my fellow speculators. Does anyone know what happened to them? Do they have a new site? 

[degxtra1]

Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

ouch, that's you..not JJg?

[lightfoot]

What happened to Google would be my first search.

[JayJuanGee]

Everyone waiting 8k levels again. Previous btc dump, almost everyone waited for 8500 or 7200 levels to buy but it bounced before, at 9k. So the majority didn't fill their bags. At 3500 usd everyone waited 3k or lower, but it bounced before that at 3100/3200. Some are still waiting for 3k and 1.400 usd.

Hahahahaha...

You got that right.   


There were a shitload of folks waiting for sub-$500 coins in early 2017, and the best that they could have been able to get would have been in the upper $800s and that was a decently brief dip, including the last time to get sub 4 digit bitcoins, and many of those folks waited through a decent part of 2017 for such, while the BTC price went in the opposite direction, and it should have been more than clear by mid August 2017 when BTC prices went above $3k, they were not returning to sub-$500 or even easier scenarios of sub 4 digits.  Pobrecitos (not).