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

[peonminer]

[Fatman3001]

If I were trading I'd be screaming "BULL TRAP" right now.

[LMGTFY]

Yup. 24/7/3666
All the world was asleep. Only Baba Yaga sat awake, in her creaky rocking chair, scowling, gnawing on a bone...

BTW, re. overpriced coffee: Bitcoiners think that the cost of a cup of coffee is (the price of coffee grounds) + (usurious profit).
The thought that (price of coffee grounds) = (insignificant, compared to the overheads) never enters the mind.
No wonder you think that trustless blockchain is going to save banks billions quantillions of $.

Please tell me you don't play professional poker or work for an espionage agency, wee lamb. Your tells are as blatant as they are cutely naive in a "I'd be offended at the gross and incorrect assumptions, if I didn't know the poor wee lamb has a saviour complex and deserves our pity, not our scorn" sort of way.

[peonminer]

[Tzupy]

If I were trading I'd be screaming "BULL TRAP" right now.

Well, I hope not yet... I jumped on this pump at 354$ and hope to close my long above 370$.

[galdur]

Prepare your ass for sub $200 coins!

ymmm, sounds promising, but we need some FUD news

There should be more than enough FUD news in the shitload of new threads started today by newbies with random user names like FW8Dt5, Jd19bW, C6H68g, and ALlYg8. I haven't got round to reading any of them yet because they all look like the work of the same person whose choices of user names are so random that they would make good passwords.

It's one of lambie's new hobbies.

Yup. 24/7/3666
All the world was asleep. Only Baba Yaga sat awake, in her creaky rocking chair, scowling, gnawing on a bone...

BTW, re. overpriced coffee: Bitcoiners think that the cost of a cup of coffee is (the price of coffee grounds) + (usurious profit).
The thought that (price of coffee grounds) = (insignificant, compared to the overheads) never enters the mind.
No wonder you think that trustless blockchain is going to save banks billions quantillions of $.

Yeah, there´s probably staggering overheads, making a cup of coffee is such a complex operation that you probably need extremely high paid staff.

Case in point. You must think that running a coffee shop is the world's most profitable business. Better than bankstering!
Wonder why the whole world isn't running coffee shops, and why most of them fold shortly after opening where I live?
Saurian Mafia, no doubt

Well, obviously the supply of idiots willing to pay several dollars for a cup of coffee isn´t unlimited. It may even be declining where you are, who knows.

[Sitarow]

[soullyG]

Europe to war, Bitcoin to the moon!

[keystroke]

Prepare your ass for sub $200 coins!

ymmm, sounds promising, but we need some FUD news

There should be more than enough FUD news in the shitload of new threads started today by newbies with random user names like FW8Dt5, Jd19bW, C6H68g, and ALlYg8. I haven't got round to reading any of them yet because they all look like the work of the same person whose choices of user names are so random that they would make good passwords.

It's one of lambie's new hobbies.

Yup. 24/7/3666
All the world was asleep. Only Baba Yaga sat awake, in her creaky rocking chair, scowling, gnawing on a bone...

BTW, re. overpriced coffee: Bitcoiners think that the cost of a cup of coffee is (the price of coffee grounds) + (usurious profit).
The thought that (price of coffee grounds) = (insignificant, compared to the overheads) never enters the mind.
No wonder you think that trustless blockchain is going to save banks billions quantillions of $.

Yeah, there´s probably staggering overheads, making a cup of coffee is such a complex operation that you probably need extremely high paid staff.

https://finance.yahoo.com/q/is?s=SBUX+Income+Statement&annual

Total revenue 19,162,700,000
Cost of revenue 7,787,500,000
Gross profit 11,375,200

"While the Costa Rica Finca Palmilera beans which went on sale at select locations recently are expensive — they come from a relatively rare cherry of the Gesha tree — the 16-ounce cup should cost just one dollar more than a regular cup of coffee, including the company’s overhead, says James Freeman, owner and CEO of Blue Bottle Coffee. (The price of Starbucks’ regular Grande coffee is $2.20 in New York.) Freeman should know: his chain also charges $7 for a similar cup of Gesha coffee. In fact, an 80% markup is standard in the coffee business on the higher-end brews, he says. Joseph Brodsky, founder and president at Ninety Plus Coffee, which supplies beans to coffee shops in 30 countries, says the new coffee only costs Starbucks an extra $1.30 per cup."

Fortunately for us bitcoin is even more addictive than caffeine.

[QuestionAuthority]

Prepare your ass for sub $200 coins!

ymmm, sounds promising, but we need some FUD news

There should be more than enough FUD news in the shitload of new threads started today by newbies with random user names like FW8Dt5, Jd19bW, C6H68g, and ALlYg8. I haven't got round to reading any of them yet because they all look like the work of the same person whose choices of user names are so random that they would make good passwords.

It's one of lambie's new hobbies.

Yup. 24/7/3666
All the world was asleep. Only Baba Yaga sat awake, in her creaky rocking chair, scowling, gnawing on a bone...

BTW, re. overpriced coffee: Bitcoiners think that the cost of a cup of coffee is (the price of coffee grounds) + (usurious profit).
The thought that (price of coffee grounds) = (insignificant, compared to the overheads) never enters the mind.
No wonder you think that trustless blockchain is going to save banks billions quantillions of $.

Yeah, there´s probably staggering overheads, making a cup of coffee is such a complex operation that you probably need extremely high paid staff.

https://finance.yahoo.com/q/is?s=SBUX+Income+Statement&annual

Total revenue 19,162,700,000
Cost of revenue 7,787,500,000
Gross profit 11,375,200

"While the Costa Rica Finca Palmilera beans which went on sale at select locations recently are expensive — they come from a relatively rare cherry of the Gesha tree — the 16-ounce cup should cost just one dollar more than a regular cup of coffee, including the company’s overhead, says James Freeman, owner and CEO of Blue Bottle Coffee. (The price of Starbucks’ regular Grande coffee is $2.20 in New York.) Freeman should know: his chain also charges $7 for a similar cup of Gesha coffee. In fact, an 80% markup is standard in the coffee business on the higher-end brews, he says. Joseph Brodsky, founder and president at Ninety Plus Coffee, which supplies beans to coffee shops in 30 countries, says the new coffee only costs Starbucks an extra $1.30 per cup."

Fortunately for us bitcoin is even more addictive than caffeine.

Jesus, $7 for a plain cup of coffee! Only if it has hashish in it.

[galdur]

Prepare your ass for sub $200 coins!

ymmm, sounds promising, but we need some FUD news

There should be more than enough FUD news in the shitload of new threads started today by newbies with random user names like FW8Dt5, Jd19bW, C6H68g, and ALlYg8. I haven't got round to reading any of them yet because they all look like the work of the same person whose choices of user names are so random that they would make good passwords.

It's one of lambie's new hobbies.

Yup. 24/7/3666
All the world was asleep. Only Baba Yaga sat awake, in her creaky rocking chair, scowling, gnawing on a bone...

BTW, re. overpriced coffee: Bitcoiners think that the cost of a cup of coffee is (the price of coffee grounds) + (usurious profit).
The thought that (price of coffee grounds) = (insignificant, compared to the overheads) never enters the mind.
No wonder you think that trustless blockchain is going to save banks billions quantillions of $.

Yeah, there´s probably staggering overheads, making a cup of coffee is such a complex operation that you probably need extremely high paid staff.

https://finance.yahoo.com/q/is?s=SBUX+Income+Statement&annual

Total revenue 19,162,700,000
Cost of revenue 7,787,500,000
Gross profit 11,375,200

"While the Costa Rica Finca Palmilera beans which went on sale at select locations recently are expensive — they come from a relatively rare cherry of the Gesha tree — the 16-ounce cup should cost just one dollar more than a regular cup of coffee, including the company’s overhead, says James Freeman, owner and CEO of Blue Bottle Coffee. (The price of Starbucks’ regular Grande coffee is $2.20 in New York.) Freeman should know: his chain also charges $7 for a similar cup of Gesha coffee. In fact, an 80% markup is standard in the coffee business on the higher-end brews, he says. Joseph Brodsky, founder and president at Ninety Plus Coffee, which supplies beans to coffee shops in 30 countries, says the new coffee only costs Starbucks an extra $1.30 per cup."

Fortunately for us bitcoin is even more addictive than caffeine.

So they pay seven dollars for a cup of coffee that is rare. Or rather that they think is rare because someone tells them that it´s rare.  That makes sense.  

[peonminer]

Holy pump team Batman!

[Meuh6879]

They try to SELL EVERYTHING ... but they can't.
Bitcoin always rise and can not crash at low level now.

Conversion of economy in progress ... good people, they think now.
Finally.

[Richy_T]

What software is that buddy? I like the presentation

Hand-crafted Perl.

[ChartBuddy]

Coin



Explanation

[Richy_T]

Yeah, there´s probably staggering overheads, making a cup of coffee is such a complex operation that you probably need extremely high paid staff.

But Starbucks isn't selling coffee, they're selling the experience (which is just as well cause their coffee isn't all that) and some cheap conspicuous consumption.

[Fatman3001]

They try to SELL EVERYTHING ... but they can't.
Bitcoin always rise and can not crash at low level now.

Conversion of economy in progress ... good people, they think now.
Finally.

Hell Yeah!!!

Only 99.993% left!!!

[birr]

Ever hear of that weasel poop coffee?  They feed the coffee cherries to weasels, and the weasels poop the beans out.  They make coffee from the beans in the weasel poop.  It's expensive.  In Saigon I paid 150,000 dong for a cup of the stuff, or about 7 dollars.  This is in a country where you can get a very nice hotel room for $20, or a good meal for a couple of dollars.

[peonminer]

How was your weasel poop coffee, good sir?

[birr]

Very weasel-poop-ish.  Just the way I like it.