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

[respawn2]

I mean, you have -54k coins per month / -650k coins per year in supply. That's a lot of coins that will not be there. And this reduction in supply is something that can only be "priced in" in real-time supply/demand scenarios.

Those coins didn't disappear, AlexGR. They're still there.
If filthy statists start printing half as much dollar bills out of thin air, the supply of worthless government scrip will not decrease. It will continue to increase, just not as fast.

[USB-S]

I mean, you have -54k coins per month / -650k coins per year in supply. That's a lot of coins that will not be there. And this reduction in supply is something that can only be "priced in" in real-time supply/demand scenarios.

Those coins didn't disappear, AlexGR. They're still there.
If filthy statists start printing half as much dollar bills out of thin air, the supply of worthless government scrip will not decrease. It will continue to increase, just not as fast.

Most banks are going to enforce nagative interest rates soonish. That would introduce some kind of deflationary scenario in an inflationary system. This would work exceptionally well, when we were to remove physical cash completely. But the system would still be inflationary.

@AlexGR
How many of those big miners who mine the majority of coins actually sell them?

[respawn2]

I mean, you have -54k coins per month / -650k coins per year in supply. That's a lot of coins that will not be there. And this reduction in supply is something that can only be "priced in" in real-time supply/demand scenarios.

Those coins didn't disappear, AlexGR. They're still there.
If filthy statists start printing half as much dollar bills out of thin air, the supply of worthless government scrip will not decrease. It will continue to increase, just not as fast.

Most banks are going to enforce nagative interest rates soonish.

Sure. In Two Weeks^TM.

That would introduce some kind of deflationary scenario in an inflationary system.

No. If anything, it would do the just the opposite, introduce an *inflationary* scenario. It is supposed to stimulate *buying*, and disincentivize "delayed gratification," e.g. keeping money in a bank.
Please take Econ 101 or read a book.

[Elwar]

Hello from the Bulgaria, everybody !

It is not very a happy here in the Bulgaria , our Bulgarian the lev keeps inflating the relative filthy the US dollar . Our Bulgarian the President Rosen the Plevneliev refuses to run again , and even our the Bulgarian the Socialist opposition leader , Korneliya the Ninova , don't want to run .

That is how bad the things have got .

With the 3 days left to go to the halving , when the Bulgarian sources tell me the price will the double for the sure , is it too late for me to go "all" in on the Bitcoin ?

It's not about the price doubling. It's about getting your funds out of an inflationary currency.

If you could use dollars instead of the Bulgarian lev would you?

Bitcoin is like that but better when it comes to inflation. And you can use Bitcoin all over the Internet.

In the Bulgaria, I not buy Bitcoin on internet. I go to Bazaar and buy US the dollar or European the euros with Bulgarian the lev from corrupt Boyko the Boriso , for to buy the Bitcoin from prostitutka Nika "under the ground" . Is very difficult .

It should not be so difficult. Go on localbitcoins and find someone to sell you directly for your currency.

https://localbitcoins.com/ad/333166/buy-bitcoins-with-cash-sofia-bulgaria?amount=1000

[soullyG]

PMSL Lambie, keep up the good work 

[Bulgarian]

Hello from the Bulgaria, everybody !

It is not very a happy here in the Bulgaria , our Bulgarian the lev keeps inflating the relative filthy the US dollar . Our Bulgarian the President Rosen the Plevneliev refuses to run again , and even our the Bulgarian the Socialist opposition leader , Korneliya the Ninova , don't want to run .

That is how bad the things have got .

With the 3 days left to go to the halving , when the Bulgarian sources tell me the price will the double for the sure , is it too late for me to go "all" in on the Bitcoin ?

It's not about the price doubling. It's about getting your funds out of an inflationary currency.

If you could use dollars instead of the Bulgarian lev would you?

Bitcoin is like that but better when it comes to inflation. And you can use Bitcoin all over the Internet.

In the Bulgaria, I not buy Bitcoin on internet. I go to Bazaar and buy US the dollar or European the euros with Bulgarian the lev from corrupt Boyko the Boriso , for to buy the Bitcoin from prostitutka Nika "under the ground" . Is very difficult .

It should not be so difficult. Go on localbitcoins and find someone to sell you directly for your currency.

https://localbitcoins.com/ad/333166/buy-bitcoins-with-cash-sofia-bulgaria?amount=1000

I pay to buy the WebMony , I pay 706 the WebMony dollar to buy the BTC from the moneyman2k , then the moneyman2k give me 605 the dollar if I want sell ?

That what prostitutka Nika do "under the ground" , 5 kilometer away , at behind bazaar .

[dantanas]

How will the halving affect price, will it make it go up and then spike down. I think this is what will happen.

[DARKHOLDER]

Hello from the Bulgaria, everybody !

It is not very a happy here in the Bulgaria , our Bulgarian the lev keeps inflating the relative filthy the US dollar . Our Bulgarian the President Rosen the Plevneliev refuses to run again , and even our the Bulgarian the Socialist opposition leader , Korneliya the Ninova , don't want to run .

That is how bad the things have got .

With the 3 days left to go to the halving , when the Bulgarian sources tell me the price will the double for the sure , is it too late for me to go "all" in on the Bitcoin ?

It's not about the price doubling. It's about getting your funds out of an inflationary currency.

If you could use dollars instead of the Bulgarian lev would you?

Bitcoin is like that but better when it comes to inflation. And you can use Bitcoin all over the Internet.

In the Bulgaria, I not buy Bitcoin on internet. I go to Bazaar and buy US the dollar or European the euros with Bulgarian the lev from corrupt Boyko the Boriso , for to buy the Bitcoin from prostitutka Nika "under the ground" . Is very difficult .

It should not be so difficult. Go on localbitcoins and find someone to sell you directly for your currency.

https://localbitcoins.com/ad/333166/buy-bitcoins-with-cash-sofia-bulgaria?amount=1000

I pay to buy the WebMony , I pay 706 the WebMony dollar to buy the BTC from the moneyman2k , then the moneyman2k give me 605 the dollar if I want sell ?

That is the way they get rich;)

[Spaceman_Spiff]

Jezus people, learn to spot a troll.  The only question is whether Bulgarian is Lambie again or not.  My money is on yes.

[Elwar]

Hello from the Bulgaria, everybody !

It is not very a happy here in the Bulgaria , our Bulgarian the lev keeps inflating the relative filthy the US dollar . Our Bulgarian the President Rosen the Plevneliev refuses to run again , and even our the Bulgarian the Socialist opposition leader , Korneliya the Ninova , don't want to run .

That is how bad the things have got .

With the 3 days left to go to the halving , when the Bulgarian sources tell me the price will the double for the sure , is it too late for me to go "all" in on the Bitcoin ?

It's not about the price doubling. It's about getting your funds out of an inflationary currency.

If you could use dollars instead of the Bulgarian lev would you?

Bitcoin is like that but better when it comes to inflation. And you can use Bitcoin all over the Internet.

In the Bulgaria, I not buy Bitcoin on internet. I go to Bazaar and buy US the dollar or European the euros with Bulgarian the lev from corrupt Boyko the Boriso , for to buy the Bitcoin from prostitutka Nika "under the ground" . Is very difficult .

It should not be so difficult. Go on localbitcoins and find someone to sell you directly for your currency.

https://localbitcoins.com/ad/333166/buy-bitcoins-with-cash-sofia-bulgaria?amount=1000

I pay to buy the WebMony , I pay 706 the WebMony dollar to buy the BTC from the moneyman2k , then the moneyman2k give me 605 the dollar if I want sell ?

That what prostitutka Nika do "under the ground" , 5 kilometer away , at behind bazaar .

Maybe you should develop a Bulgarian Bitcoin exchange that uses bank accounts.

[Paashaas]

Jezus people, learn to spot a troll.  The only question is whether Bulgarian is Lambie again or not.  My money is on yes.

[Syke]

How many of those big miners who mine the majority of coins actually sell them?

Probably most, or they won't be a miner for long. With difficulty always increasing, miners need to be continually investing in new hardware. Big miners have low hosting costs, so most of their profit is going to be re-invested in hardware, and not much is going to be left for savings.

[Fakhoury]

Jezus people, learn to spot a troll.  The only question is whether Bulgarian is Lambie again or not.  My money is on yes.

Same here, 100% here.

[USB-S]

I mean, you have -54k coins per month / -650k coins per year in supply. That's a lot of coins that will not be there. And this reduction in supply is something that can only be "priced in" in real-time supply/demand scenarios.

Those coins didn't disappear, AlexGR. They're still there.
If filthy statists start printing half as much dollar bills out of thin air, the supply of worthless government scrip will not decrease. It will continue to increase, just not as fast.

Most banks are going to enforce nagative interest rates soonish.

Sure. In Two Weeks^TM.

That would introduce some kind of deflationary scenario in an inflationary system.

No. If anything, it would do the just the opposite, introduce an *inflationary* scenario. It is supposed to stimulate *buying*, and disincentivize "delayed gratification," e.g. keeping money in a bank.
Please take Econ 101 or read a book.

If a central bank charges negative interest rates, doesn't that mean the issued money ends up where it was created? Thus removing it from the economy. That doesn't change the fact that the issuance of new money is way higher than the burning of old money.

Also a farty idea, but banks should pay us for lending money if they charge negative interest. It would speed up the inevitable.

[DaRude]

Jezus people, learn to spot a troll.  The only question is whether Bulgarian is Lambie again or not.  My money is on yes.

Haha that was actually funny. Wondering if people engaging NLC are really that dumb or just clones/NLC talking to him/herself  

prostitutka Nika   me English no good yeah?

[BlindMayorBitcorn]

[USB-S]

Get your lambie watch, to tell you how many shill accounts are roaming bitcointalk forums, anytime, anywhere.

[Meuh6879]

[JayJuanGee]

Hello from the Bulgaria, everybody !

It is not very a happy here in the Bulgaria , our Bulgarian the lev keeps inflating the relative filthy the US dollar . Our Bulgarian the President Rosen the Plevneliev refuses to run again , and even our the Bulgarian the Socialist opposition leader , Korneliya the Ninova , don't want to run .

That is how bad the things have got .

With the 3 days left to go to the halving , when the Bulgarian sources tell me the price will the double for the sure , is it too late for me to go "all" in on the Bitcoin ?

It's not about the price doubling. It's about getting your funds out of an inflationary currency.

If you could use dollars instead of the Bulgarian lev would you?

Bitcoin is like that but better when it comes to inflation. And you can use Bitcoin all over the Internet.

In the Bulgaria, I not buy Bitcoin on internet. I go to Bazaar and buy US the dollar or European the euros with Bulgarian the lev from corrupt Boyko the Boriso , for to buy the Bitcoin from prostitutka Nika "under the ground" . Is very difficult .

You know what you know at this time, and yeah, even if it is difficult to get bitcoin, it may be worth some premium to put a certain percentage of your savings into bitcoin.  If you have to track down new sources to get bitcoin, then that maybe a bit more difficult to achieve before the halvening....  

Nonetheless, none of us really know at this time whether bitcoin's prices are going to be going up or down in the short term, and it is possible that it could take several months before the effects of the halvening begin to be felt (that is the shortage of new coins)...

If I were in your position I would put some money into bitcoin through means that you know, and attempt to research other means that may be available to get bitcoins in the future, but surely you have to decide for yourself regarding percentage of allocation, and I personally don't believe in going "all in" anything because I personally try not to gamble with my investments, but instead to distribute risk and allocate in accordance with my personal financial situation, view of the future and risk tolerance.

[edited out]

 [edited out]

It should not be so difficult. Go on localbitcoins and find someone to sell you directly for your currency.

https://localbitcoins.com/ad/333166/buy-bitcoins-with-cash-sofia-bulgaria?amount=1000

Oh yeah... this is even a better answer in terms of looking for additional potential sellers in your local area

I pay to buy the WebMony , I pay 706 the WebMony dollar to buy the BTC from the moneyman2k , then the moneyman2k give me 605 the dollar if I want sell ?

That what prostitutka Nika do "under the ground" , 5 kilometer away , at behind bazaar .

Maybe you are trolling?

You can look around for individual sources for bitcoins... and yeah, if there are only a few folks selling bitcoin, then you need to look for new sources.

Jezus people, learn to spot a troll.  The only question is whether Bulgarian is Lambie again or not.  My money is on yes.

O.k. ... It is starting to appear that you could be correct... that we got another lambie account in our midst

[savetherainforest]

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