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

[El duderino_]

Would this have the do something with BTC at that time? 

[Searing]

Bitcoin adoption could reach 90% by 2030, investment firm founder claims
Adoption started slow but has ramped up with the passage of time.

https://cointelegraph.com/news/bitcoin-adoption-could-reach-90-by-2030-investment-firm-founder-claims

Honestly, I hate graphs like that tell people there will be a period where it's "too late" to buy bitcoin.

It never has been, nor ever will be in the future, too late to buy bitcoin. If it is ever "too late" to buy it, then it ceases to be a store of value, or even worthy of being transactional.

I have 'friends' who have at the beginning of my 2013 Bitcoin mining....had a full scale and 'legit' in their mind...intervention..that I needed to sell out at $500 usd.

Ended up in a shouting match. So they don't say much anymore. But I need little graphs like this to at least 'try' to wake them up to get some BTC dust of some kind.

It may not be elegant and not exactly 'kosher' but ever once in awhile something like the above graph ...well..it 'oops' appears on my FaceBook feed.

I guess by this time they still think, it will go down by 90%...but maybe not......so progress I think...but it is 'annoying' when for years with little risk and

little money..it would have been nice to have them 'totter' along with me.

I've lately been telling 'newbies' w/o and funds to 'attic mine' crap out of their attic and sell it in small lots on eBay..even if only $20 here an there..it adds up..

with all the free time with pandemic and just buy BTC with such for a bit

of BTC dust. Indeed estate sales/rummage sales/etc and just 'flipping stuff at 2x the $$$ on eBay would be a small hobby equivalent to home mining.

I know home mining is dead, but figure it would at least be interesting to do..not like I made zip home mining when I started either but it was interesting

trying to do more of the same with stuff we all othewise would die with our attic's full of stuff anyway..so why not?..so far a few takers on the forum here but in my real

life...nada...zilch.

So anyway, with friends family it will someday come down to this very, very, likely 'pained' conversation..that goes something like this.

'Why did you NOT 'twist my arm' and sit on me and MAKE me buy Bitcoin/Crypto back in the day?" ..end quote....they all forget that I pretty much

tried to do this for years and got the same look as Aliens landing/UFOs/Fairy Dust and Unicorn's 'existing' and farting Rainbows!!!

..but anyway, I see that conversation coming.....I figure right around $15k ..if not sooner.

Brad

[yslyv]

Futures are like shit today. and it is getting worse and worse everyday. Few days left till elections. There is no pedal to stop this vehile till the elections. Popcorn mode on 

[bitebits]

^ Of course you want your friends to be well off Searing, maybe even for a tiny selfish reason so they can join you for a beer during day time. But if you make them buy without them understanding what they have bought, their hands will be weak. And worse might even blame you when it again dips with >80%.

Many people can’t stand losing a dollar, even when the upside is $10 (‘asymmetric bet’).

[DaRude]

Futures are like shit today. and it is getting worse and worse everyday. Few days left till elections. There is no pedal to stop this vehile till the elections. Popcorn mode on 

And corn is down 

[bitebits]

First signs of de-coupling behaviour spotted between BTC and stocks.

Buying from an influx of new users provides price support preventing speculators from trading the correlation downwards.

[...]

Note that stocks may continue to rise, if that's the case the notion of de-coupling is not so important. What this test shows is that if stocks crash, Bitcoin powered by its large adoption s-curve, swallowing ever more capital, will present perfectly good safe haven properties.

https://twitter.com/woonomic/status/1321840132723367937

[Karartma1]

FullNode: you have the best hat design around so far! Congrats and welcome to the club!

To all the others: don't get obfuscated by short-term mini-dumps. Bitcoin is a supermassive black hole now and that can not be stopped. Try to imagine how many Saylors we will have in 1 3 6 12 months. It can't be stopped, it won't be stopped. Single bitcoins will be soon out of stock for many. Hope you have yours 

[Krubster]

btw, we're up 60% since the halving...

What happen to the post-halving crash everyone was talking about? 

[El duderino_]

First signs of de-coupling behaviour spotted between BTC and stocks.

Buying from an influx of new users provides price support preventing speculators from trading the correlation downwards.

[...]

Note that stocks may continue to rise, if that's the case the notion of de-coupling is not so important. What this test shows is that if stocks crash, Bitcoin powered by its large adoption s-curve, swallowing ever more capital, will present perfectly good safe haven properties.

https://twitter.com/woonomic/status/1321840132723367937

Fully enjoy threads like these...!!

Decoupling = a thing

[icopress]

Changed: Added source https://cont.ws/@inc/90101A small selection of abandoned military facilities of the past ^Offtopic...

• American Sherman tank off the coast of Saipan

• Soviet radio telescope, Latvia

• Runways on Tinian Island, Mariana Islands

• Small fort in the Philippines

• Tower forts built during World War II to protect against air attacks off the coast of England

• Hangar for military aircraft carved directly into the rock in Yugoslavia over 3 km long

• Anti-missile base, North Dakota, USA

• Experimental eavesdropping devices, England

• NATO submarine base in the rock, Norway.

[bitebits]

Bitcoin still has a lot of upside. Such confidence in banks, even after 2009 (the reason Bitcoin saw the day of light):


https://medium.com/currency-waves/a-half-centurys-erosion-of-trust-427760fe84e9

[FullNode]

Now I am working,grateful to everyone for helping me to have enough merits for my hat,tonight I will upload it to my profile
Today the day will be long

[BitcoinGirl.Club]

Good morning WO!
Observing @ $13,300

And it seems as the day progress we starts gaining price and then go down to $13.1k

[BitcoinGirl.Club]

@El duderino_ what milk you are drinking 😛

[AlcoHoDL]

A small selection of abandoned military facilities of the past ^Offtopic...

[...]

Nice collection. Another one worth viewing is the Soviet Union's version of an "Ekranoplan", a type of flying ship that uses the ground effect to effectively "float" a few meters above sea level.

The 242-foot, 400-ton MD-160 was the sole Lun-class Ekranoplan built by the Soviets [1]:



Aerial view [2]:



Sources: [1], [2]


Edit: Here's a satellite photo of the Lun-class Ekranoplan shown above, at Kaspiysk (currently Republic of Dagestan, formerly USSR), from Bing Maps [Coordinates: 42.881692, 47.656986]:



I initially visited Google Maps, but couldn't spot it... Googling about it, I found out that on 31 July 2020 the Lun-class was towed from Kaspiysk to Derbent, Republic of Dagestan, where it will will be put on display at the (future) Patriot Park on the Caspian Sea [3], [4]. Google Maps must have recently updated their satellite images, and show the, now empty, dock platform.

Sources: [3], [4]

[elrippos friend]

A small selection of abandoned military facilities of the past ^Offtopic...

• American Sherman tank off the coast of Saipan

• Soviet radio telescope, Latvia

• Runways on Tinian Island, Mariana Islands

• Small fort in the Philippines

• Tower forts built during World War II to protect against air attacks off the coast of England

• Hangar for military aircraft carved directly into the rock in Yugoslavia over 3 km long

• Anti-missile base, North Dakota, USA

• Experimental eavesdropping devices, England

• NATO submarine base in the rock, Norway.

Those are the ones were we actually have pictures from 

[icopress]

Nice collection. Another one worth viewing is the Soviet Union's version of an "Ekranoplan", a type of flying ship that uses the ground effect to effectively "float" a few meters above sea level.

Wow cool pictures ..

These are photos from my blog (published back in 2015) I have the second part of this collection and the collection of marine cemeteries.

I'm not sure where it is better to publish all this, here or create a separate thread in "Off-topic"

[Xinarae*]

Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement



https://cointelegraph.com/news/bitcoin-price-spikes-5-to-13-5k-shortly-after-ecb-stimulus-announcement

When the price of Bitcoin moved below $13,000, technical analysts said BTC is at risk of dropping to $12,700 and lower.

but I think that $13000 strong level but $19000 hit to possible but dump that then see $12700 not stable dump $12700 to spike $19000+ next 2-3 weeks, some time to that price $13000-$14000 the last time.

Observed price
1 Bitcoin equals=$13274 USD

[bkbirge]

I know that many of us mere mortals have difficulties understanding how anyone could feel that they do not have enough bitcoin if they have close to 18k of them and also own overwhelming majority in a company that owns more than 38k BTC... Just have difficulties understanding how that quantity might not feel like enough.  Or is it just me?

It's not just you. At that level it seems less about bringing freedom and securing a future than it does about collecting the world's wealth into yet another segment of the uber rich. A sort of tech version of the Cantillon Effect. I'm not saying I wouldn't do the same if I had the resources but it's kind of kicking sand in the BTC narrative of equality and opportunity for the unbanked. Just more of the same story of the rich getting richer, anyone arguing otherwise maybe isn't looking at it from the point of view of the masses. Wherever you land on that argument I'm guessing that level of accumulation isn't something most of us would make public.

That's kind of what I have been thinking - like he is doing more than just getting a meaningful stake in BTC, and maybe I am just having difficulties relating to that level of rich - even though I can relate to the idea that none of us should want to have our wealth eroded away.

Regarding disclosure, maybe he felt some kind of duty (or potential legal obligation) to error on the side of overdiscloser - even his personal hodlings - I am not sure.. of course, he did have obligations to disclose matters to shareholders, and maybe since the shares are public rather than private, anyone could end up being (or becoming) a shareholder, so his personal stake in BTC may well be relevant to that matter.. I am not sure.

Good point, didn't think of that. Still, I'd expect public disclosure to be in the form of a filing, not a tweet. Maybe as you say it's erring on the side of caution for him.

[600watt]

it is so satisfying to see "alt season" and "the flippening" playing out exactly like anticipated. 

death to all the shitcoins!