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

[JimboToronto]

Good morn Bitcoinland.
One three eight one six dollars
(Bitcoinaverage).

Not much to report
But in the world of Bitcoin
No news is good news.

Wasn't October
A splendid month for Bitcoin?
Go November go.

[1701864287]

1701864287

[1701864287]

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[1701864287]

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[bitebits]

Never seen this shared before. Quite the prediction in 1981.

Buckminster Fuller, ‘Critical Path’:

https://twitter.com/thatzenboi/status/1322913607252807680

[LFC_Bitcoin]

PlanB
@100trillionUSD
#Bitcoin  is the best performing asset, this year, last 5 years and last 10 years. Even risk-adjusted bitcoin outperforms all other assets, year after year. What's your reason for not having bitcoin in your investment portfolio?

Charts: @ecoinometrics and @woonomic

[JayJuanGee]

I may not be able to retire earlier than I would have otherwise, but hopefully my kid will be able to. That's what matters to me. Inter-generational wealth opportunity that we have never seen before in all of history.

Hopefully, your descendants appreciate all your hard work, because frequently getting handed free wealth does not necessarily allow for the development of good character in the wealth recipients - but surely the idea of being able to start off a life journey from better foundations does seem like it would be a good thing - just getting a formal education, for example, which seems to have become way more costly in the USA in recent years.. ridiculously so, and causing some young peeps (wrongly I believe) to conclude that the costs of getting a formal education outweigh the benefits.. even though there might be truth to that, but there surely can be a lot of benefits in learning formally rather than attempting to be a self-didactic and screw things up...


I had actually attempted to learn some formal disciplines on my own when I was younger (before I had gone to college).. and it just did not work.. because I did not know what I did not know, and so it was so easy to get onto the wrong tracks without realizing it. College surely opened up my learning how to learn.. that I had not developed in my youth... and may not have ever developed without such guidance.

I may not be able to retire earlier than I would have otherwise, but hopefully my kid will be able to. That's what matters to me. Inter-generational wealth opportunity that we have never seen before in all of history.

by the very act of retiring early you may achieve the same or better results for your descendants.

Actually, this is true, too.

There may be ways that nuevo richies, such as us bitcoiners would be able to contribute towards empowering our descendants without necessarily delving into direct hand-outs.. but surely, to each their own in terms of figuring out what they believe to be the better uses of wealth including the extent to which transferring down is good or should be channeled in some way(s).

[El duderino_]

El duderino,
quickly flees to spain, soon'ish...
Lockdown is a fact.

Hoping for cocktails,
in an autumn sun, this week
I hope to be there.

New girlfriend is there...
The dude follows his pecker,
as a coiner does.

[Biodom]

My descendants don't have their own descendants, so one thing I would try to promulgate is to have such descendants in a first place (I don't care if there is a legal marriage or not, but it has to be of the actual family tree, at least for most of the funds).

In fact, I am thinking to stipulate that if no such direct descendants are present, a large portion would either go to charity or to other family branches that already have such second gen descendants.

For my current descendants, I think I would limit it to some exact sum rather than giving them the whole inheritance.
In my particular case, it is for the better, I think, otherwise it would just promote laziness/lavish lifestyle and nothing else.

The conundrum would be not to kick the bucket before the majority of the population learns how to handle bitcoin, otherwise I would have to produce a voluminous instruction with a possibility that some corrupt lawyer steals some/most of it.

[El duderino_]

How could you not be bullish about Bitcoin right now?

- 2nd highest monthly price close
- Corporate treasuries of Square and MicroStrategy buying Bitcoin
- Decoupling from equities
- Robust trading infra and brokerages to buy Bitcoin
- Quantity and quality of content is 10x

https://twitter.com/danheld/status/1322968576605650944?s=20

Indeed

[Biodom]

To paraphase El_Duderino

"a coiner is what a coiner does"

[Wekkel]

To paraphase El_Duderino

"a coiner is what a coiner does"

Or: “this selling won’t stand, man”.

[El duderino_]

To paraphase El_Duderino

"a coiner is what a coiner does"

To paraphase El_Duderino

"a coiner is what a coiner does"

Or: “this selling won’t stand, man”.

Need to get them in 5 syllables bro's 

Main point is the big reason to go ...

[JayJuanGee]

Good morn Bitcoinland.
One three eight one six dollars
(Bitcoinaverage).

Not much to report
But in the world of Bitcoin
No news is good news.

Wasn't October
A splendid month for Bitcoin?
Go November go.

October was surely UPpity, even while September had been down - yet even accounting for September's DOWNity amount, by subtracting out the down amount, bitcoin was still UP twice as much as September had gone down.

TLDR:  Feels good man.

[Biodom]

corn is like a duck:
staying calm in the water,
paddling fast below

#haiku

[BobLawblaw]

We put our boy-cat, Shiva, in charge of rallying the charge towards $14k USD/BTC.

He and our other kitties are currently working out a plan.

Bro is currently licking his balls, deep in thought, while the girls chat amongst themselves, working on charts and graphs.

[Biodom]

We put our boy-cat, Shiva, in charge of rallying the charge towards $14k USD/BTC.

He and our other kitties are currently working out a plan.

Bro is currently licking his balls, deep in thought, while the girls chat amongst themselves, working on charts and graphs.

challenge one or all of the "math cats" with this:

https://www.quantamagazine.org/the-black-hole-information-paradox-comes-to-an-end-20201029/

something amazing in the writeup...the matter could be there in a location, but not 'counted' as "being there'-new ideation (it is being "reassigned").
And, it is linked to encryption...wow.

OT: btw, ya'll may be laughing at this, but it is entirely possible that your interaction with btc and WO is 'actually' keeping you in the branch of the multiverse (or MWI-Everett's multi world interpretation) that is more favorable to the success of bitcoin. Cheers!

[JayJuanGee]

PlanB
@100trillionUSD
#Bitcoin  is the best performing asset, this year, last 5 years and last 10 years. Even risk-adjusted bitcoin outperforms all other assets, year after year. What's your reason for not having bitcoin in your investment portfolio?

Charts: @ecoinometrics and @woonomic

Definitely better to look at returns on a zoomed out and longer time horizon - because the shorter-term snapshots can sometimes lose the sentiment(s) regarding what is really going on when comparing bitcoin to other assets.

Even though bitcoin adoption is ongoingly continuing to increase (frequently difficult to recognize while we are caught within the data changes), with some of this data, it is still difficult to understand how it continues to be so difficult for a lot of normies (and even institutions) to actually come around to the ideas of what is bitcoin - and a lot of this information has been out there for a decent amount of time - even if such information has ben packaged in various (sometimes confusing and ambiguous) ways in the past, and surely a lot of normies do get distracted by theoretical ideas that bitcoin is "at the top of a bubble" and/or theoretical ideas that they are too late to really be able to profit from making some kind of an investment into bitcoin, which bitcoin pessimistic speculations look silly in retrospect even though such ideas continue to persist as I type this post... and will likely continue to persist into near term future years (2-6-10 years), too.. even while ongoing and face-melting levels of transferrings  of wealth continues to take place (even if there are decently-sized and seemingly extended periods of time of bitcoin dips along the way).

For my current descendants, I think I would limit it to some exact sum rather than giving them the whole inheritance.
In my particular case, it is for the better, I think, otherwise it would just promote laziness/lavish lifestyle and nothing else.

Since bitcoin is so volatile (and likely to continue to be volatile, relative to other assets), it may b good to consider framing some of your passing down of wealth in terms of percentages, too, even if there remains some openness in that, too.

[Toxic2040]

the noon wall report at one thirty


Bitcoin closed out October at $13,816.08 marking it the 2nd highest monthly close ever and one of only nine times above $10k in bitcoins recorded history.

Impressive.

I think we are only getting started. Carry on.

#dyor

M



1h


medium fib again tested
4h

#stronghands

[Last of the V8s]

[savetherainforest]

To paraphase El_Duderino

"a coiner is what a coiner does"

Or: “this selling won’t stand, man”.

Don't dump on that carpet, man!

[philipma1957]

Last 12 days

2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766
2020-11-01  13,762

note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 12 down and 29 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.

[explorer]

Long, Long ago now
In a thread far, far away
JJG opined

  that's as far as I'm going with haiku..

that we would probably fill in the 13K area at a later date.  Now is years later, and we are filling the shit out of it.  Ready for an explosive exit north.  rocket.gif