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

[Torque]

Those wondering about the impact of BAKKT on the market, needs to realize something else.

It's not the fact that they are going live within days. It's completely the relative timing.

They could have gone live over a year ago. The tech was already in place and working behind closed doors.

But they didn't. They delayed it.

So ask yourself: Why go live now? Why not a year ago? Or why not kick the can for another year?

Is it too obvious to state that we were in a bear market last year, the impact of opening would have been minimal & the interest would have been lower?

Yes, somewhat true. But look at what's happening globally right now. Global recession. Currencies are hyper inflating. Equities bubble. Bond market bubble. Asset bubbles. Negative interest rates in govt and corporate bonds. PMs are up bigly.

The fact is that "they" had zero interest in a true hedge trade (aka physical Bitcoin), until right now. It suddenly became an overnight imperative, so it seems.

[SuperTA]

ATTENTION!

WO special report!

The volume is so low right now on the daily bitcoin chart. The lowest volume since november last year and january 2019 when the major moves happened!!!
It's very possible that we get a major move in the next days! Maybe 1-3 days.

[mindrust]

ATTENTION!

WO special report!

The volume is so low right now on the daily bitcoin chart. The lowest volume since november last year and january 2019 when the major moves happened!!!
It's very possible that we get a major move in the next days! Maybe 1-3 days.

CRITICAL ALERT

[Saint-loup]

Turkish Bitcoin Exchange Becomes Football's First-Ever CryptoBitcoin Exchange Shirt Sponsor

https://www.ccn.com/turkish-bitcoin-exchange-becomes-footballs-first-ever-crypto-shirt-sponsor/

[fillippone]

ATTENTION!

WO special report!

The volume is so low right now on the daily bitcoin chart. The lowest volume since november last year and january 2019 when the major moves happened!!!
It's very possible that we get a major move in the next days! Maybe 1-3 days.

CRITICAL ALERT

Next 1-3 Days are critical.

[d_eddie]

lcan’t wait to get rid of both businesses tbh.

I’ll probably buy 7 or 8 apartments so I can live off the rental income & that’ll do me.

I see your point and basically agree, but isn't managing an apartment too much work? Maintenance work begged for, tenants who don't pay in time yet are too difficult to get rid of (depending on law - UK is more landlord friendly than most other Euro countries)... I'd be looking for an easier income stream. Maybe some dividend ETF. Advice anyone?

EDIT I hate posting from a phone.

[VB1001]

https://twitter.com/100trillionUSD/status/1168270821216935936

Develop a good plan(BTC), in a year there can be many changes.

- What is your sale price?
- How much percentage will it sell?
- Consider the taxes
- At what price will you buy again?
- So much percentage hodl?

Some points to be prepared.

[SuperTA]

Turkish Bitcoin Exchange Becomes Football's First-Ever Crypto Shirt Sponsor

https://www.ccn.com/turkish-bitcoin-exchange-becomes-footballs-first-ever-crypto-shirt-sponsor/

The first football crypto shirt happened in may 2019

https://www.ccn.com/bitcoin-giant-coinmarketcap-sponsors-israeli-football-club/

[Saint-loup]

Turkish Bitcoin Exchange Becomes Football's First-Ever Crypto Shirt Sponsor

https://www.ccn.com/turkish-bitcoin-exchange-becomes-footballs-first-ever-crypto-shirt-sponsor/

The first football crypto shirt happened in may 2019

https://www.ccn.com/bitcoin-giant-coinmarketcap-sponsors-israeli-football-club/

yes you're right, their title is inaccurate

First-Ever Bitcoin Exchange sponsor in fact

[jojo69]

That's because the media has more and more control over the kids instead of their parents who work more and more. Parents should raise their kids and not reality shows like Jersey Shore, Kardashian's "reality show" and many others.

It's the parents who give that control because they're both lazy and it's easy.

Sad state of affairs really

That's true to a degree. But don't forget that the working and middle classes have been smashed by the elites and their cronies for sometime now. So both parents have (most don't want) to work just to provide a home and food. If the prices of these and other needs were at a reasonable level (say like the 1950s, 60s) meaning only one parent has to work yet still able to provide a home, food, car, etc. Children would have a parent at home to make sure they are raised correctly.  

Yes and no;

I see a lot of 50" TVs and new cars out there, all bought on credit of course so they pay double.  People make choices.

[jojo69]

My girl & I run a ladies online fashion store, we have an online kids clothing store too. I hate ‘people’ too. Customers are moaning cunts & all I need in life is a huge house & a sizeable regular income to match what we currently earn & I’ll be happy.

I can’t wait to get rid of both businesses tbh.

I’ll probably buy 7 or 8 apartments so I can live off the rental income & that’ll do me.

If you think customers are moaning cunts, just wait till you have tenants.

[mindrust]

lcan’t wait to get rid of both businesses tbh.

I’ll probably buy 7 or 8 apartments so I can live off the rental income & that’ll do me.

I see your point and basically agree, but isn't managing an apartment too much work? Maintenance work begged for, tenants who don't pay in time yet are too difficult to get rid of (depending on law - UK is more landlord friendly than most other Euro countries)... I'd be looking for an easier income stream. Maybe some dividend ETF. Advice anyone?

EDIT I hate posting from a phone.

Agreed with this. This is just switching one hell for another. Buying flats is also my first choice (for now, haven't really thought about what to do with the money)  but not final. Managing a business which you love is a better idea imo.

Maybe I'll end up as a trader. Both stocks and crypto.

[jbreher]

lcan’t wait to get rid of both businesses tbh.

I’ll probably buy 7 or 8 apartments so I can live off the rental income & that’ll do me.

I see your point and basically agree, but isn't managing an apartment too much work? Maintenance work begged for, tenants who don't pay in time yet are too difficult to get rid of (depending on law - UK is more landlord friendly than most other Euro countries)... I'd be looking for an easier income stream. Maybe some dividend ETF. Advice anyone?

Sure. Find a good property manager. You'll need someone to handle routine ongoing maintenance on your palatial estate, anyhow. Make 'em work double duty.

[gentlemand]

If you think customers are moaning cunts, just wait till you have tenants.

Yeah. A relative of mine had a rental house. It were a fooking nightmare. Tenants would demand brand new carpets, reported the owner to the council who initiated legal proceedings for a bit of damp and others cleared off just before plenty of rent was due.

If I were to go anywhere near property I'd do garages and paddocks. Plenty of demand and few obligations. I can't stand human beings any more so being responsible for housing the fucking things is my idea of hell.

[Dabs]

REITs? They're like ETFs but for Rental properties, professional managed by a team. You don't do anything except collect dividends. The MER is usually a bit higher than index ETFs, but still below 1%.

[alevlaslo]

BTC or DASH? https://bitcointalk.org/index.php?topic=421615.msg52339157#msg52339157

[El duderino_]

Turkish Bitcoin Exchange Becomes Football's First-Ever Crypto Shirt Sponsor

https://www.ccn.com/turkish-bitcoin-exchange-becomes-footballs-first-ever-crypto-shirt-sponsor/

The first football crypto shirt happened in may 2019

https://www.ccn.com/bitcoin-giant-coinmarketcap-sponsors-israeli-football-club/

yes you're right, their title is inaccurate

First-Ever Bitcoin Exchange sponsor in fact

yeah its true, I posted it last year when I was watching the game and suddenly saw a BTC logo on the arm sleeve... I thought it was F***ing awesome

Still Moshe Hogeg, the owner of that team is a bit of a shady figure imo

[SuperTA]

Yeah, but don't worry about the owner. There's no such thing as bad advertising. Personally i got into bitcoin when i heard the news about some hackers demanding bitcoins  

[jojo69]

Yeah Dabs, REITs are interesting, I mean, for a little diversification with play money.  I still do not like counterparty risk.  Call me r0achy, but if I am not sitting on top of it with a rifle I do not own it.

[Torque]

REITs? They're like ETFs but for Rental properties, professional managed by a team. You don't do anything except collect dividends. The MER is usually a bit higher than index ETFs, but still below 1%.

Can be lucrative, but one has to be careful and do the proper research. The vast majority of REITs are insolvent, and just one downturn away from bankruptcy. A high dividend yield is usually the tell; the higher it is, the more likely the REIT is under bad financial stress.