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

[psycodad]

The fact of the matter is that it was the boomers who voted in socialism in practically the entire world. They deserve to die, and they need to die before we have even the possibility of building something better.

And I'm saying this as someone with old parents. Good parents at that, even. But a few worthwhile people, if they are, do not make up for an entire world run by old people who deliberately make things worse.

If Corona-chan kills most people over 60 and stops unlimited immigration, then it may in the long run turn out to be a good thing. Even better if the world turns on the chinese for releasing it.

Yeah, sorry for being around longer than expected but as vapourminer said, we're already slowly getting our coats.

I am sure once we boomers are all gone and generation Greta runs the show from a mobile phone App things will finally improve to the better.

[machasm]

Yep I am a boomer too and don’t like the way we are all tarnished with the same brush.
It’s always easy in hindsight to see where we/you went wrong. I am sure the Greta’s children generation will look back and poke a whole bunch of holes in their parents decisions too.
At 56 maybe I should cash out my BTC before Corona gets Mee too!

[akhjob]

is anybody so kind and explain or send me the link to the DCA strategy please?

BTW, we should start something where the WO terms are explained to Newbies like me.

 Dollar cost averaging is simply deciding how much you want to invest and then dividing it into regular contributions over a given period of time.

ie I want to invest $8000 this year into Tesla so I will make biweekly contributions of $307.69.  

 This method is supposed to lower your risk with respect to volatility but imagine doing that with a stock that continues to lose value over time - you're giving away your money.
I think the DCA strategy only works when markets are in an uptrend... but I'm no expert.
 
edit: JJG?

DCA strategy works in long term. DCA is all about avoiding your market entry timing. It doesn't have anything to do with uptrend or downtrend. If you believe that a project will excel over long term, instead of timing the market you could go for DCA. If you use DCA and still end up in loss long term that just means that your investment choice is poor.
Hope I'm not wrong.

[jojo69]

CP/M here i come (again). RS232 and a terminal emulator is all i need. stocking up on 8" and 5 1/4" floppies now

I really regret not keeping my Osbourne...like really

[akhjob]

Meanwhile, Bitstamp has added support for Bech32 address 
https://www.bitstamp.net/article/weve-added-support-bech32-bitcoin-addresses-bitsta/

[M4z]

Some folks want a strong Bitcoin, that can do what VISA can't do - to be a decentralized, trustless, censorship-resistant digital currency, a store of value with its own sovereign monetary policy - with additional functions such as faster payments & smart contracts being layered-on-top future options.

While some other insensibly covetous folks (as should unfortunately be expected from a community filled with too many short-sighted greedy degenerates.. ;3) would prefer a fast Bitcoin, that strives to copy what VISA has already been doing for decades - attempt to be a competitive, mostly centralized payments processing platform.

..Why do you want BTC to be another credit card? What makes you so confident BTC price suddenly pumps to heaven because a majority voted for bigger, bloatier, spammier blocks and fewer, larger, blackhat-DDoS-cartels-enforced mining node farms that government agencies around the globe find much easier than LulzSec member..?

You can focus design towards a strong sovereign-monetary decentralized trustless censorship-resistant digital currency ; Or towards a fast less-decentralized digital currency + non-trustless censorship-vulnerable payments network.

Choose.

[Gyrsur]

seems Wall Street is in complete panic mode now.  

EDIT: thank you xhomerx10 and akhjob for help with abbreviation DCA!

EDIT2: Dow down to roughly 26500 points from roughly 29500 ATH. Donald your comment on that please!  

[rolling]

seems Wall Street is in complete panic mode now. 

The dream scenario would be 1% of the money being taken out of equities finding it's way to bitcoin. Bonds are at record levels. Gold is a joke to most investors, commodities are falling, most will just hold cash but what if bitcoin starts rising at the same time the stock market crashes? That reverse correlation could make for an epic spike.

I think we saw a decline in the last few days because traders are trying to make it look like bitcoin is correlated to the stock market. I hope they run out of ammo while the stock market keeps declining. Wishful thinking perhaps.

[ataArt]

#random Retirement is strange. I'm primarily living off of Bitcoin-funded fiat investments, that pay me out monthly over the next couple decades or so, and I find it highly amusing that I'm using portions of those disbursements to re-buy corn-dip.

/shrugs

Hopefully I can say this is me in 2022!
I’m still only 33

Go BTC Go !!!!!

most of those here are waiting for the start of this magical time

[vapourminer]

CP/M here i come (again). RS232 and a terminal emulator is all i need. stocking up on 8" and 5 1/4" floppies now

I really regret not keeping my Osbourne...like really

got a couple of these.. 128k and modem on one, 64k and just rs232 on the other.

https://en.wikipedia.org/wiki/TRS-80_Model_4#Model_4P

had an osbourne too but the screen was so small.

EDIT still have the 4Ps

[Lambie Slayer]

I havent felt this bullish since December 2018 when we got into the 3ks and the new Bull Market was born.

[bkbirge]

The fact of the matter is that it was the boomers who voted in socialism in practically the entire world. They deserve to die, and they need to die before we have even the possibility of building something better.

And I'm saying this as someone with old parents. Good parents at that, even. But a few worthwhile people, if they are, do not make up for an entire world run by old people who deliberately make things worse.

If Corona-chan kills most people over 60 and stops unlimited immigration, then it may in the long run turn out to be a good thing. Even better if the world turns on the chinese for releasing it.

Our elders still have a lifetime of valuable experiences to share, I'm not quite ready to give them up.

No they don't. An easy and safe life does not breed wisdom.

I'd wager you have had it 100x easier and safer. I'm not a boomer but I have no desire to see them killed. Everyone of those people you casually and cruelly dismiss has a full lifetime of experience, pain, heartache, joy, and knowledge.

Have some heart and if you can't muster up a basic level of humanity at least think of self preservation. Icygreen has it absolutely correct.

Maybe you should actually talk to some older people sometime instead of living out your bigoted uneducated self-defeating prejudices online. When/if the shit really hits the fan many will be completely unprepared for reality and relying on some aging boomer to show them how to find clean drinking water or repair an engine or a million other skills people learned as a matter of course pre-internet.

You think they had it easy because they spent their lifetimes helping make YOUR life easy. Wishing death on millions because you think they are in your way is juvenile at best and psychopathic at worst.

[VB1001]

The fact of the matter is that it was the boomers who voted in socialism in practically the entire world. They deserve to die, and they need to die before we have even the possibility of building something better.

And I'm saying this as someone with old parents. Good parents at that, even. But a few worthwhile people, if they are, do not make up for an entire world run by old people who deliberately make things worse.

If Corona-chan kills most people over 60 and stops unlimited immigration, then it may in the long run turn out to be a good thing. Even better if the world turns on the chinese for releasing it.

Ha,ha, You do not know what you say, I hope to see somehow what your generation will do.

[bkbirge]

[Lambie Slayer]

Stock Boyz are in some deep shit.

Stocks go down from the virus and Trumps election chances go down. As people realize Bernie gets more likely to be elected they freak out more and sell even more stocks. These two catalysts feed of each other and we get the current stock market meltdown.

King Bitcoin meanwhile just sits on his throne counting the days till halving and letting mom an pop and institutional newbs looking for sanctuary flee into the safety of his kingdom.


via Imgflip Meme Generator

[Lambie Slayer]

via Imgflip Meme Generator

[Last of the V8s]

-the end of the 'silent but deadly'
-keep your pants on
-#themayorknew
-where is that guy anyway

[Cryptotourist]

i wish

aaah to be young again

WHAT IF, in the near future this was possible.
The only thing would be, as it's crazy expensive - to give all your BTC & start over from scratch.

Would you do it?

*. I think I know the answer, just looking for a mere confirmation.

#

Greece confirmed today 3 people with Coronavirus and all carnivals canceled as a start....

Maybe, I guess we will see.

[bkbirge]

Those wacky slavs...
https://cointelegraph.com/news/it-exec-at-kyiv-prosecutors-office-illegally-mined-crypto-on-office-systems

According to the Prosector’s Office, he illegally used the network equipment and systems to mine crypto with malware installed on the machines.

Furthermore, the defendant also allegedly provided placement to third parties on the office’s servers in exchange for money.

[El duderino_]

Actually I would like to hear r0ach’s opinion about the corona-virus....
In Belgium news there was a conspiracy article in the news... that it’s the next kind of Kalergi plan thing for governments etc   what would that idiot of a r0ach have to say about it