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

[ChartBuddy]

[1714648679]

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[1714648679]

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[TheKoziTwo]

Do you suppose this might have something to do with why you turned out to be an independent thinker?

Well I also don't own a TV, go shopping, read magazines/newspapers, eat processed food, use microwave, never had a 9-5 job etc.

A clear recipe for becoming a business magnate. Try it, you may be surprised  

A clear recipe for becoming locked up in an asylum.

Hopefully this comment is not too soon.

it is hard for the normal people to tell the difference between crazy and brilliant.  


trust me when i got into btc at first, people thought i was crazy, now they think im brilliant.


really im some of both, muhahahahhahahaha




btw ch0000000000000000 ch0000000000000000000 mfs!!!!!!!!!

You did the same?

I'm pretty sure he went all in at $3, don't think he'll ever have to worry about work. 

[JimboToronto]

It is taking longer to crash to single digits than I originally thought  

It is taking longer to crash to quadruple digits than I originally thought

[Zangelbert Bingledack]

Bitcoin is more than just frictionless payments and finance. It's a complete restructuring of the world and the elimination of many inefficiencies that held people back. The removal of those inefficiencies isn't just going to make sending money cheaper and some online goods available at a discount. It will enable whole new industries like the Internet has, but it goes far beyond even that. It fundamentally, radically decentralizes power. It blows away most of the borders that kept people from participating in the international division of labor. It thwarts all kind of oppression, especially economic oppression.

It is "rat poison," as Charlie Munger inadvertently said, or as Chamath Palihapitiya called it, "schmuck insurance." Power to the people. Truly free markets, everywhere. Think China during Mao's reign versus now. That's the kind of change that's coming. Even for people who never invest in this bull market.

Enjoying your bullishness, which is quite clearly rooted in a deep understanding of the broad picture of what is happening.

And thanks for sharing so much quality material. That kind of quality is deserving of its own thread - it will just be buried by memes, random predictions and little flame wars here. Actually now that I think about it I would enjoy another kind of observer thread - not a wall observer thread focused on trading and daily price movements, but a more laid back, philosophical observer of the whole Bitcoin economy focused on longer time frames and broad implications.

Also, praised be the current bearishness of rpietila, I enjoy that perspective as well.

Thanks! There used to be a "fundamentals thread" that was cultivated pretty well, though it was a bit more about short/mid-term price drivers than the long-term aspects. I haven't seen it for a while. I've been trying to create a list of the best philosophical musings or broader analyses of the Bitcoin phenomenon and its repercussions for the world. Things are just changing so fast that it's hard to keep up.

[Vigil]

It is taking longer to crash to single digits than I originally thought  

Why would it crash to single digits?

[MickeyT2008]

It is taking longer to crash to single digits than I originally thought  

Why would it crash to single digits?

Because I'm going to force the price down with a 10,000 satoshi wall and dump a whole mBTC.

[JimboToronto]

I'm pretty sure he went all in at $3, don't think he'll ever have to worry about work. 

Work, curse of the drinking class. -Oscar Wilde

[UnDerDoG81]

Any thoughts about christmas? MY thoughts, price will go down because people payout Bitcoins to buy christmas presents. What do you all think?

[philip2000uk]

Any thoughts about christmas? MY thoughts, price will go down because people payout Bitcoins to buy christmas presents. What do you all think?

unless you buy everyone a bitcoin 

[prof7bit]

it is hard for the normal people to tell the difference between crazy and brilliant.  

Any sufficiently advanced intelligence is indistinguishable from insanity.

[ChartBuddy]

[isov]

You guys like websites speculating future in common and all the possible development possibly coming then you maybe would like to check out www.futuretimeline.net great site with lots of interesting stuff!

[solex]

You guys like websites speculating future in common and all the possible development possibly coming then you maybe would like to check out www.futuretimeline.net great site with lots of interesting stuff!

Great site.
Prediction: 2030 Fiat currencies no longer exist, all replaced by competing crytpocurrencies.

[Zangelbert Bingledack]

An increasingly globalised humanity is faced with climate change,
dwindling resources, overpopulation and technological upheaval.

Not a promising start: climate change BS, "running out of resources" fallacy (economic ignorance), overpopulation OK maybe, technological "upheaval" (is this supposed to be bad!?).

Desperate attempts are made to stabilise Earth's climate, as a
post-capitalist world begins to emerge.

More climate change BS, "post-capitalist"...stopped reading there.

Maybe I was too judgmental, but I can't imagine that someone so ignorant about the basics of how the world works (I think my high school teachers said the exact same thing as this) would have any reliable insight on the future.

[micalith]

An increasingly globalised humanity is faced with climate change,
dwindling resources, overpopulation and technological upheaval.

Not a promising start: climate change BS, "running out of resources" fallacy (economic ignorance), overpopulation OK maybe, technological "upheaval" (is this supposed to be bad!?).

Desperate attempts are made to stabilise Earth's climate, as a
post-capitalist world begins to emerge.

More climate change BS, "post-capitalist"...stopped reading there.

Maybe I was too judgmental, but I can't imagine someone so ignorant about the basics of how the world works would have any reliable insight on the future.

It's just for fun, surely. No need to take it so seriously imo

some might interpret that you're implying that climate change isn't real btw . . . .

[jojo69]

An increasingly globalised humanity is faced with climate change,
dwindling resources, overpopulation and technological upheaval.

Not a promising start: climate change BS, "running out of resources" fallacy (economic ignorance), overpopulation OK maybe, technological "upheaval" (is this supposed to be bad!?).

Desperate attempts are made to stabilise Earth's climate, as a
post-capitalist world begins to emerge.

More climate change BS, "post-capitalist"...stopped reading there.

Maybe I was too judgmental, but I can't imagine that someone so ignorant about the basics of how the world works (I think my high school teachers said the exact same thing as this) would have any reliable insight on the future.

yeah, the natural world is like a bottomless checkbook

we can just take take take forever and nothing bad happens

[ChartBuddy]

[ardana123]

Lol why is there a 100$ gap between btc-e and gox?

[mccorvic]

Lol why is there a 100$ gap between btc-e and gox?

Cause people who use BTC-E are bad at life.  "I'm gonna hold me durpocoin! Someday it'll be worth 1000x more than bitcoin!"

[Adrian-x]

An increasingly globalised humanity is faced with climate change,
dwindling resources, overpopulation and technological upheaval.

Not a promising start: climate change BS, "running out of resources" fallacy (economic ignorance), overpopulation OK maybe, technological "upheaval" (is this supposed to be bad!?).

Desperate attempts are made to stabilise Earth's climate, as a
post-capitalist world begins to emerge.

More climate change BS, "post-capitalist"...stopped reading there.

Maybe I was too judgmental, but I can't imagine that someone so ignorant about the basics of how the world works (I think my high school teachers said the exact same thing as this) would have any reliable insight on the future.

It's hard to believe I have something in common with climate science deniers.
I was converted over to Bitcoin and Austrian economic precisely because of my fundamental understand in environmental sustainability.  

Understanding of Environmental Science is the catalyst that accelerates Bitcoin adoption to the masses.