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

[Searing]

LOL totally forgot about the pool this time. So, here is mine:


Anyway, good morning WO and observing @ 4 digits again.

$9,968

Yeah. I picked $11-11.5k so 'obviously' I don't know zip about price vs reality.

sigh

[1701380966]

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[vapourminer]

Still for sale apparently.
Could someone please buy it and invite the WO bretheren for a ride, please.
https://shipsforsale.com/en/ships-en/shipid/765/arbetsfartyg_1_helga/

only a quarter mil...very reasonable for a well powered aluminum hull of that size

vewwwwwwy innnnnntewesting

I bet at 35 knots it's fuel burn rate is pretty substantial.

the fuel tender that youll need for this is an optional extra.

[VB1001]

https://pbs.twimg.com/media/ED5MTFNWsAEVGRs?format=jpg

It’s like that, there’s no going back.

[ivomm]

I was so bored that I decided to visit my old localbitcoins account from 2015. I was clicking faucets back then and then immediately selling. If only I knew what will happen in 2 years. Oh, dear! There were remaining 0.0018 BTC in my account. Well, at least I can buy several drinks.    Cheers!

[Krubster]

Came across something interesting in reddit. claiming the origin of term " Shitcoin".. part of the history i suppose if that's true.

...it would have to be better in some way other than just "I started the new chain, so I've got a lot of the easy-to-generate-at-the-beginning-coins."

You say that now, but if bitcoin really takes off I can see lots of get-rich-quick imitators coming on the scene: gitcoin, nitcoin, witcoin, titcoin, shitcoin... Some of them are sure to attract users with promises like "Why use bitcoin, where you can only generate 50 bitcoins every few months? Use shitcoin instead, and you'll get 51 shitcoins every 2 minutes".

Of course the cheap imitators will disappear as quickly as those 1990s "internet currencies" like flooz and beenz, but lots of people will get burned along the way.

Nice find. Interesting how the same argument is valid today, 9 years later. The only difference is that have a few more thousand shitcoins today.

[vroom]

coming up next (<7d) a new local low at $9000-9250, then leg up to $15000.

made a professional TA to support my prediction

[bitebits]

WO-brothers in arms

Have fun guys!

[Arriemoller]

Still for sale apparently.
Could someone please buy it and invite the WO bretheren for a ride, please.
https://shipsforsale.com/en/ships-en/shipid/765/arbetsfartyg_1_helga/

only a quarter mil...very reasonable for a well powered aluminum hull of that size

vewwwwwwy innnnnntewesting

I bet at 35 knots it's fuel burn rate is pretty substantial.

The specs say 80 liters per hour, but I have no idea if that is some kind of average, or how that is calculated.

[Arriemoller]

Still for sale apparently.
Could someone please buy it and invite the WO bretheren for a ride, please.
https://shipsforsale.com/en/ships-en/shipid/765/arbetsfartyg_1_helga/

I showed that to the money guy behind the seastead project (who was about to go buy a cargo ship before the Thai navy thing).

He responded with just one word.

sub

Meaning what? That it's subpar or he wants a submarine or what?

[Arriemoller]

I also want that mother ship they drive on to/of from in the first clip.

EDIT: and the armament.

[jojo69]

"the Thai navy thing"

[JayJuanGee]

It is like, the more poorer you are, the longer you stay poor.

bingo

Yes... but there is a bit of a fallacy in that kind of thinking.

I believe that it is safer to believe that it takes a long fucking time to build up wealth, especially if you are starting from zero, close to zero or in the negative, and so in that regard, if you are starting out with a decent amount of wealth, then you both have more options and there are a large number of ways that you can structure your capital to work for you in order to keep you rich.

But, even rich folks fail/refuse to understand how to manage their money properly and end up neither preserving nor building their wealth from whatever lofty position that they may have started.

Of course, building marketable skills can also be a good way to preserve and to build wealth, too.

Anyhow, even if it can take a long-ass time for poor people to build wealth, that does not signify that they should either end up engaging in rushed behavior or even gambling, with a sense of desperation.  From my thinking it remains a better practice to just continue to work with what you got, and maybe you need to be more aggressive with your investment or more frugal with your spending while you are building wealth, but if you continue to strive towards building wealth including making sure that you have a decent income source, to the extent that is feasible, then bitcoin is still likely to put you way the fuck better off (comparing yourself to yourself) than if it had not existed. 

So in essence, I am suggesting that guys (and gal) need to structure strategies and plans that compete against themselves in terms of options rather than pondering over the financial situations of other people (except maybe to attempt to learn from that).  So seems to be likely that any guy (or gal) with bitcoin accumulation (whatever amount that they can reasonably and prudently muster up within their own financial circumstances) is going to have chances of prospering better than the same guy(or gal) without a bitcoin accumulation plan strategy that is incorporated into their life.

[VB1001]

Previewing the debut of trading in daily and monthly physically-delivered Bitcoin on Monday,
@FortuneMagazine
 offers a glimpse of what’s to come

https://twitter.com/Bakkt/status/1175094597355282433

Will the Bakkt Launch Help Bitcoin Go Mainstream?

On September 22, a product designed to remake Bitcoin as a mainstream investment for the world's investment managers will go live. When ICE Futures U.S., one of the world's largest commodities markets, opens trading at 8 p.m. ET that day, it will offer Bakkt Daily and Monthly Bitcoin Futures, the first physically delivered crypto-currency contracts ever traded on a federally regulated exchange.

https://fortune.com/2019/09/20/bitcoin-futures-bakkt-launch/

This is coming.


https://i.imgur.com/kQ2Rca8.jpg

[barota]

bitcoin price soon

[mersal]

bitcoin price soon

One more bitcoin hater?

Bitcoin price increased from 3000 to $10000 so no one will be in great danger if it goes bank to $9000 or $8000.

Meanwhile WO reached more than 500K replies.

[bitcoinPsycho]

bitcoin price soon

[Biodom]

It is like, the more poorer you are, the longer you stay poor.

The more richer you are, the shorter it takes to get even more richer.

Regarding the latter and btc...imagine being a whale and gaining or losing millions a day, almost every day. It could be exhausting.

Re being poor...read this...it sucks even more to be OLD and poor because you have very few options or no options.
The narrative of the next few decades for millions might be the story of going from high middle class to lower middle class or becoming poor.
Hopefully, bitcoin would rescue some.

https://getpocket.com/explore/item/falling

[VB1001]

Sure mic likes this red color.

[El duderino_]

Sure mic likes this red color.

Indeed

[El duderino_]

bitcoin price soon

Yeah, I know HM already gave us his thesis on why and how fast we Will bounce back ...

Actually he was very similar as what vroom has written today