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

[JayJuanGee]

State-Backed German Bank Says Bitcoin Will Leap to $90,000 in 2020

https://cointelegraph.com/news/state-backed-german-bank-says-bitcoin-will-leap-to-90-000-in-2020

Sounds about right. My exit point is $85k. And I suspect that will be in 2020.

Too bad that we could not get rid of you a bit earlier, fatty.   

[marcus_of_augustus]

https://economictimes.indiatimes.com/industry/banking/finance/banking/pmc-crisis-this-tiny-bank-in-maharashtra-is-a-canary-in-indias-coalmine/articleshow/71373106.cms?from=mdr

... these banking collapses and now runs on the bank in India have got legs in my opinion. The contagion could spread quite quickly.  Modhi and India's disgusting, greed-driven war-on-cash has coralled millions (mostly poor) into a fragile digital fractional-reserve banking system ill-equipped to cope with panic and demands of a high-cash peasant economy.

It is a tinder box waiting for a match, looks like the inevitable corruption has arrived to spark the blaze.

[rebal15]

What's your problem with fatman? was he behind the last dump?

[JayJuanGee]

Fuck you Fatty

I am comfortable with Tuesdays.

"We" haven't really been using Thursdays to their utmost effectiveness, so they could be made available, too.   

You'll thank me later.

[lightfoot]

Meantime I'm finding that my customers are getting harassed with import duties at the border. This whole trade war tarriff/fuckage is for the birds.

Highly bearish for Bitcoin I'm afraid.

[Negotiation]

Meantime I'm finding that my customers are getting harassed with import duties at the border. This whole trade war tarriff/fuckage is for the birds.

Highly bearish for Bitcoin I'm afraid.

Don't be worry bitcoin is future coin it is real We hope that one day the world is in his possession.

[Arriemoller]

Here we go... The next few minutes are critical.


Also, congrats gentlemand and hats off to infofront for its patience and good job. Fuck you fatty.

Oh and WB major! Nice to see you around here again.

Fuck you too.

Fuck you fatty!

[Arriemoller]

I have a solution. WWW3

after the next WW no human beings will exists anymore on earth. it will be a total one.

but I refuse to think it will happen.

not at the point of extermination, just a little liquidation for the planet to breathe again and start a new era.

new-clear era, maybe?
I think most of us will kill each other to survive. A different "war". You against everybody else.
Soldiers will only be needed to protect politicians (if there are any) and infrastructure.

BTCeartrap, how low will you go?

The russians have nuclear subs that are designed to stay submerged during a nuclear war, resurface after 6 months and kill what remains.

And since they're all men on russian subs I suspect that will be the end of humanity.

I guess they could try to procreate, but San Fransisco has tried for 60-70 years without much luck.

Fuck you fatty!

[Arriemoller]

I have a solution. WWW3

after the next WW no human beings will exists anymore on earth. it will be a total one.

but I refuse to think it will happen.

not at the point of extermination, just a little liquidation for the planet to breathe again and start a new era.

new-clear era, maybe?
I think most of us will kill each other to survive. A different "war". You against everybody else.
Soldiers will only be needed to protect politicians (if there are any) and infrastructure.

BTCeartrap, how low will you go?

The russians have nuclear subs that are designed to stay submerged during a nuclear war, resurface after 6 months and kill what remains.

And since they're all men on russian subs I suspect that will be the end of humanity.

I guess they could try to procreate, but San Fransisco has tried for 60-70 years without much luck.

There will be no gain firing off nukes, nobody will do that, besides regimes like north korea.
It's still cold war going on, but on hold. Seems like Trump pushed the resume button to revive the industry.
When the G8 killed each others GPS'es, electricity and internet, they will turn around to solve their own problems, then restart.
That's WW3, imho.

EDIT: Remember, communication is the root of society, as well as it's causing its biggest problems. Makes a brilliant attack vector, as all basic needs.

Don't underestimate human stupidity

Fuck you fatty!

[Biodom]

I had that crazy (maybe wasn't so crazy) idea in the morning. I was about to put the rest of all my FIAT (6 figures) to BTC but then I didn't. Did another small $200 DCA instead.

Isn't that a sure bet? I mean who doesn't believe here that BTC won't make it above 9k again? Last time I said these lines it was somewhere between 4k and 6k, and I still didn't buy (I mean not all in), and it damn went above 9k indeed.

From 8k to 9k that was %12 sure gains. (It is %6 now)

From time to time, you come out with some real doozies, mindrust.

Based on my round about idea about the total size of your BTC investment, how  the fuck could you have anywhere close to 6 figures of fiat available?  You must be joking, right?  

Note: Remember this is the dollars/BTC thread so our general reference point is dollars, when we are referring to fiat.

Surely, I cannot tell you any kind of exact formula, but before anyone invests in BTC, they should have the rest of their life in order, and have their bigger bills paid and have their cashflow figured out for 6-18 months into the future.  Therefore, when considering what funds that they have available for BTC investment, they have the rest of those matters accounted.

Accordingly, you also said that you largely only buy BTC and HODL, you do not sell, so accounting for your own practices, you have also said that you DCA buy, buy on dips, and sometimes mistakenly FOMO buy.  Anynow, therefore, in the past 3 months, there have been all kinds of ongoing buying opportunities, so in that regard, I would be quite surprised if the value of your fiat should be anywhere close to the 20% or more of the value of your BTC.

Therefore, if you were to have 6 figures of fiat, then you would have $500k of value in BTC (which at current prices would be about 59 BTC  - that is $100k/.2  = $500).  

Something that you are saying is quite off, unless you had been largely contemplating and calculating some kind of gambling (overleveraging) move that would involve taking money from somewhere that you should not be taking it, in order to bet on bitcoin.  That does seem to be what you are contemplating/calculating.  In my thinking, those kinds of moves tend to be desperation moves, and not necessary in bitcoin, even if there could be some decent probabilities that they could pay off quite handsomely - even though personally, I rarely play those kinds of gambling approaches.**

**I will concede that from time to time (and historically), I have used zero interest credit card promotional moneys to increase my cashflow, and thereby buying bitcoin with a decent portion of that increased cashflow funds, so I am not completely immuned to a certain amount of leveraging/gambling that could have ended up going sour on me.

For me if someone has about 59btc (500K value) and 100K cash, going all the way and investing the rest of the cash in btc is a reckless move even when I think that btc is likely to appreciate.

Why? Because in this scenario 100K would increase your stash "only" 20% while eliminating any hint of diversification.
By no means I suggest investing the rest in alts. Keep cash (in $$). I don't know your geo location, so cannot rec. other currency or real estate. Some gold might be OK too, maybe split half and half (half cash half gold). I used to love stocks, reduced them lately.
Honestly, everything is so complicated right now, it is difficult to make the right decision (apart from bitcoin, which is solid).

[jojo69]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

[Arriemoller]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

You might be right, but it feels so good to bash him.

I was thinking that I could just go on bashing his every post and the rest of you could bash him every Friday, for the alliteration.

[goldkingcoiner]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

I forsake you guys all the time, where's my own day?

[Arriemoller]

I also noticed that people are congratulating Gentlemand, I have no clue as to why, but I don't want to seem rude, so, congratulations on______Q3________ dear Gentlemand and may your life be even longer and happier.

EDIT: Q3

[goldkingcoiner]

I also noticed that people are congratulating Gentlemand, I have no clue as to why, but I don't want to seem rude, so, congratulations on______________ dear Gentlemand and may you life be even longer and happier.

He won the lottery

[xhomerx10]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

 Good point.  Also, there's that petition at Change.org for him.  My suggestion was really to prevent Arriemoller from wearing out his F, C, K, T, A, O, U and sometimes Y keys prematurely.  I'm 99.9% sure he's got German engineered Cherry MX mechanical keyswitches anyway.  They can take a pounding.

[Arriemoller]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

I forsake you guys all the time, where's my own day?

I can't promise you a whole day, but I can give you a "fuck you". Would that suffice?

[Arriemoller]

I also noticed that people are congratulating Gentlemand, I have no clue as to why, but I don't want to seem rude, so, congratulations on______________ dear Gentlemand and may you life be even longer and happier.

He won the lottery

Q3?

[goldkingcoiner]

I also noticed that people are congratulating Gentlemand, I have no clue as to why, but I don't want to seem rude, so, congratulations on______________ dear Gentlemand and may you life be even longer and happier.

He won the lottery

Q3?

yep

[Arriemoller]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

 Good point.  Also, there's that petition at Change.org for him.  My suggestion was really to prevent Arriemoller from wearing out his F, C, K, T, A, O, U and sometimes Y keys prematurely.  I'm 99.9% sure he's got German engineered Cherry MX mechanical keyswitches anyway.  They can take a pounding.

If you guys think I'm giving him too much attention just let me know and I'll stop.

But until then, fuck you Fatty!