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

[serveria.com]

via Imgflip Meme Generator

Man that's f8cking gross 

[JimboToronto]

Here's another Warren Buffett quote that applies to Bitcoin:

[JayJuanGee]

Hairy!

welcome back!

now get the fuck back in your house

Yeah.  So I started a vegetable garden.  And the fucking possums are eating (ate) all my hot chili peppers.  Everything else is fine tho.  

Welcome back sire HM, so you did hear my call  

Thanks Dude. I did hear a little ding-a-ling.  

It is good to see that the majority returned, where to be better than here.

I came back for halvening party.  Someone remind me what block height we are waiting for?

They changed the design of the rocket..... I suppose that makes sense.  1228 Blocks remaining, as I type.


https://www.thehalvening.com/

[Biodom]

re Buffett...

1. Is there a job requirement for the successor to have similarly raspy voice..that dude (Abel) is probably in his late fifties.
2. You just know that once in control, he will allocate hundreds of millions to himself as a salary...and if not him, then his successor.
3. Under performance of BRK-A for the next 20 years is inevitable. It is probably a nice short or at least an arb with SP500.

Short BRK, long btc might also work splendidly aka using BRK basically to finance btc long. Not as good as USO short in the last 12 years, but...

[JayJuanGee]

as we see here often, many Americans think the virus is imaginary and they can just shoot it if they see it.

while i have a fondness for small caliber weapons, i dont think any of my stuff is that small.

9mm seems the most reasonable out of the small ones, no?

I mean if you are using it for home defense or maybe self defense (or maybe wanting to be a hero in some mass shooting situation?)


Yeah, I am not referring to shooting viruses, but instead preparing for people going crazy and just trying to make sure that you are safe.

I am more into home protection than carrying a gun in the wild, because it seems a bit unclear how likely it would be to end up in one of those situations in which I might be able to be more help than harm.... I am not 100% resolved on this, because it seems that in recent times, in 'merica, part of the incentive to get/maintain a weapon (or to carry one) is based on so many other people acquiring such weapons.

Thank you JS very much
2 things from the UK 'news'
1. there exists an underground network of hairdressers
2. old people feel they are being discriminated against by being asked to shelter at home, and they are willing to rebel against this and go to prison if need be (where presumably they will be locked indoors)

Prison seems to be no where that anyone should want to be in times of a virus.

The state does not seem to be very sympathetic to prisoners (guards, either for that matter).

[Last of the V8s]

newsflash people just to reiterate:
bees being important is a trope
they are not going to survive the next 5 years
we will survive though without them

[JayJuanGee]

Im just waiting to scalp longs at the second halving happens

What does that mean?

Let me speculate.  It means that you are planning to sell BTC in the near future because you are expecting a kind of upward BTC price movement and then waiting for some kind of BTC price correction in order that you can buy back (and presumably get more BTC)?

By the way, we are coming upon our third BTC halvening in 8-9 days... the second BTC halvening was in July 2016. You know that, right?

[Biodom]

Im just waiting to scalp longs at the second halving happens

What does that mean?

Let me speculate.  It means that you are planning to sell BTC in the near future because you are expecting a kind of upward BTC price movement and then waiting for some kind of BTC price correction in order that you can buy back (and presumably get more BTC)?

By the way, we are coming upon our third BTC halvening in 8-9 days... the second BTC halvening was in July 2016. You know that, right?

he is saying that he would short into inevitable correction (the very second the halving happens)..well, Mr Market likes to play with those who are cock-sure.

[Ibian]

Vegeta is back guys

... shall we play a game?

i am so glad i have no idea what this vegeta thing is.

i do get the CCMF bit so there is that as a plus in my favor

observing $9100+ USD (coinbase again, sorry) which is an even bigger plus

You have no idea what you are missing, boomer.

[JayJuanGee]

To all hodlers, and Mindrust, a 2.5 minute message from Warren Buffett during yesterday's Berkshire Hathaway Annual Shareholder Meeting:

https://www.youtube.com/embed/69rm13iUUgE?start=11600&end=11756

Beautiful!

Just replace "stock" and "Berkshire Hathaway" with "Bitcoin" in the above clip, and he is SPOT ON!

Surely, even if Buffet is not a believer in bitcoin, we should be giving him credit for attempting to consistently follow a long term strategy within any of his investments, so anything bought today needs to have a long timeline before contemplating selling it.

Of course, with bitcoin we have been seeing buyers who have been able to get through 1 or 2 cycles, and to be able to cash out fairly BIGGLY - but at the same time, even those of us who have been in bitcoin for a long time, have gone through periods of seemingly extensive down that causes us to question our BTC convictions.

Sure, go ahead and buy some BTC today.


Maybe it will appreciate in price, and maybe it will take 4-6 years or maybe even as long as Warren Buffet suggests to be the considered timeline that goes up to close to 20 years?

In real life, I do become quite hesitant to recommend people to buy into BTC when they seem to have a time horizon that is less than a few years, but if they have 4-6 years, then I don't have too many problems making BTC recommendations to them but at the same time, I am always shirking any responsibility for their investment, so I have noticed that people in real life sometimes gather, from my shirking of responsibility regarding the BTC investment, that I am not recommending BTC with enough passion....   hahahahahaha  Sucks to be them.   

[Cryptotourist]

Im just waiting to scalp longs at the second halving happens

What does that mean?

It means that the halting problem is still an issue for you.

Let me speculate. 

Do you have to?

By the way, we are coming upon our third BTC halvening in 8-9 days... the second BTC halvening was in July 2016. You know that, right?

Could it be, the he is waiting to scalp longs, at exactly the actual second the halving occurs?
Just saying - you're the smart one.


BTW Jay, you're doing a great job supporting marcus and the clan.

[El duderino_]

Oh God Mic, what the hell have you shared?!? I don't think that I'll be able to get it off my mind in the next few days.

Lol, just some f****d up peoples drawings 

[JimboToronto]

The state does not seem to be very sympathetic to prisoners (guards, either for that matter).

Only the shareholders matter, not the "customers" nor the employees.

[1miau]

I've spotted a very bullish ENGULFING pattern:



Someone else, too? 

[JayJuanGee]

I've spotted a very bullish ENGULFING pattern:



Someone else, too? 

Hopefully that top gulfer does not have any problem with that little bump that is in front of his swing. 

[Arriemoller]

Went shopping today
I saw a giant hashtag.
What is the meaning?

[Toxic2040]

the noon wall report at 1:47pm

A look at the weekly campaign charts

Another strong week of buying has the bulls looking for bitcoin to surge out above the clouds. Strong bear resistance at $9k has kept the bulls from clearly breaking out of a down trend and perhaps establishing a new bull run.
W



we are right on it..maximum pressure. $8.8k
W closeup


could pop off like a cork either way but economic circumstance, increased awareness and adoption and just plain hope led me to believe it will be upwards #dyor
W

#stronghands

[Arriemoller]

Man, the British guy with the banner is dressed like he's going to Alaska, while Mark Karpelès is dressed like he's going to the beach...

Is it the fat or what?

Yes it is.
When I was younger I was a scrawny little thing and I was always cold. After my arthritis hindered me from exercising I got more like Mark and now I'm always hot, I wear t-shirts way in to the end of fall.

[lightfoot]

I remember as a child stepping on a apparent ground nest of either large wild bees or hornets deep in the woods, then I saw them crawling outta there and starting to get airborne.
I ran like a wind...and escaped. It only takes a few dozen bites to bring you down, I think.

Years ago I was working in the yard sucking leaves with my leaf vacuum. Heard a buzzing and realized I hit a yellow jacket nest in the ground. As they started to come up I thought about running then realized who I was: Top predator. So I started sucking them up and put the nozzle over their nest hole. The noises made by the impeller in the next few minutes were.... interesting but when it stopped there was not a yellow jacket to be seen and I had a quiet summer.....

[Biodom]

Man, the British guy with the banner is dressed like he's going to Alaska, while Mark Karpelès is dressed like he's going to the beach...

Is it the fat or what?

Yes it is.
When I was younger I was a scrawny little thing and I was always cold. After my arthritis hindered me from exercising I got more like Mark and now I'm always hot, I wear t-shirts way in to the end of fall.

'tis simple math: body surface area is proportional to r^2, volume is proportional to r^3.
Your body size (volume) increases faster than surface area, hence more difficult to dissipate body heat (from the surface).
BTW, exactly the same for me now vs young me...wifey is making fun of my propensity to be in shorts until November.

I remember as a child stepping on a apparent ground nest of either large wild bees or hornets deep in the woods, then I saw them crawling outta there and starting to get airborne.
I ran like a wind...and escaped. It only takes a few dozen bites to bring you down, I think.

Years ago I was working in the yard sucking leaves with my leaf vacuum. Heard a buzzing and realized I hit a yellow jacket nest in the ground. As they started to come up I thought about running then realized who I was: Top predator. So I started sucking them up and put the nozzle over their nest hole. The noises made by the impeller in the next few minutes were.... interesting but when it stopped there was not a yellow jacket to be seen and I had a quiet summer.....

The silent spring....
...now we know why insects are dropping in ##..too many gd leaf vacuums..

I kid, I kid.