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

[jaberwock]

2800+ CAD on Quadriga.

What is Quadriga(I think it is something else than an old car ridden by horses)? What is Cad?
What is the equivalent in USD?

[criptix]

2800+ CAD on Quadriga.

What is Quadriga(I think it is something else than an old car ridden by horses)? What is Cad?
What is equivalent is USD?

Canadian dollar

[pinger]

Cars? I prefer the kind you don't have to drive. Driving impairs drinking.

Cars, I preffer a nuclear bunker https://www.bitpremier.com/5-real-estate/2416-nuclear-bunker-uk

[explorer]

2800+ CAD on Quadriga.

What is Quadriga(I think it is something else than an old car ridden by horses)? What is Cad?
What is equivalent is USD?

Canadian dollar

worth ~ $0.74 US  currently,  putting C$2830 at about USD 2094.  Onward!

[JimboToronto]

Cars? I prefer the kind you don't have to drive. Driving impairs drinking.

Cars, I preffer a nuclear bunker https://www.bitpremier.com/5-real-estate/2416-nuclear-bunker-uk

I'm sure the bunker has a better bar and is more spacious than the Rolls, but does it come with staff?

[harrymmmm]

I'm having trouble getting my head around the fact that every single bitcoin I lovingly cared for over the last few years has laid me a 1.5 ounce golden egg (on average)!

I just need to figure out a way to use the eggs to buy more chickens, without selling the original chickens

[600watt]

everyone who ownes 500 btc is a $ millionaire now.

congrats to those.

you believed in bitcoin all those years. you did right.

[explorer]

I'm having trouble getting my head around the fact that every single bitcoin I lovingly cared for over the last few years has laid me a 1.5 ounce golden egg (on average)!

I just need to figure out a way to use the eggs to buy more chickens, without selling the original chickens

Its called Margin Long.  even if you only use 1x margin (or less), your stash can be leveraged to lay more eggs, without having to sell any.  Of course, markets go both ways.  You want to bet correctly, or it works in reverse 

[JimboToronto]

everyone who ownes 500 btc is a $ millionaire now.

Imagine how rich Kwukduck would be if he hadn't sold all those coins for $10 each in 2012.

Hopefully when Laszlo Hanyecz paid 10,000 bitcoins for a couple of pizzas on May 22, 2010 he had lots more. He must be filthy rich now.

How about the Winklevoss twins? A quarter billion between them?

Congratulations holders.
_____

It's Saturday night. I think I'll go out for a few frosties to celebrate.

[Kanapka]

I see that OKcoin is almost with the same price as the rest of the world. Anything new from China?

[explorer]

everyone who ownes 500 btc is a $ millionaire now.

Imagine how rich Kwukduck would be if he hadn't sold all those coins for $10 each in 2012.

Hopefully when Laszlo Hanyecz paid 10,000 bitcoins for a couple of pizzas on May 22, 2010 he had lots more. He must be filthy rich now.

How about the Winklevoss twins? A quarter billion between them?

Congratulations holders.
_____

It's Saturday night. I think I'll go out for a few frosties to celebrate.

Not sure where he's at now, but as of 2-3 years ago he proclaimed that had none. 

[harrymmmm]

I'm having trouble getting my head around the fact that every single bitcoin I lovingly cared for over the last few years has laid me a 1.5 ounce golden egg (on average)!

I just need to figure out a way to use the eggs to buy more chickens, without selling the original chickens

Its called Margin Long.  even if you only use 1x margin (or less), your stash can be leveraged to lay more eggs, without having to sell any.  Of course, markets go both ways.  You want to bet correctly, or it works in reverse 

I guess so. I'm risk averse tho; I was talking about separating the eggs and using those to bet with.

Unfortunately, on further reflection, the analogy is flawed; the eggs are firmly stuck inside the chickens.

[deepcolderwallet]

everyone who ownes 500 btc is a $ millionaire now.

Imagine how rich Kwukduck would be if he hadn't sold all those coins for $10 each in 2012.

Hopefully when Laszlo Hanyecz paid 10,000 bitcoins for a couple of pizzas on May 22, 2010 he had lots more. He must be filthy rich now.

How about the Winklevoss twins? A quarter billion between them?

Congratulations holders.
_____

It's Saturday night. I think I'll go out for a few frosties to celebrate.

I spent it all on pizza long ago:  https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH4

3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza.  I mean people can say I'm stupid, but it was a great deal at the time.  I don't think anyone could have known it would take off like this.

Laszlo

He spent everything, unfortunately  

[r0ach]

I know it's an unpopular view around here (especially among people like Marcus) that the value of bitcoin will not increase forever in a straight up vertical line, but here it is:

https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-12-bitcoin-fair-price-analysis

[yefi]

I spent it all on pizza long ago:  https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH4

3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza.  I mean people can say I'm stupid, but it was a great deal at the time.  I don't think anyone could have known it would take off like this.

Laszlo

He spent everything, unfortunately  

Ouch! That's like when Homer sold all his shares in the nuclear plant for beer.

[Dabs]

I know it's an unpopular view around here (especially among people like Marcus) that the value of bitcoin will not increase forever in a straight up vertical line, but here it is:

https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-12-bitcoin-fair-price-analysis

Nice short article, but a couple of things:

1. Exchanges can never show the whole picture because people don't put all their dollars or coins at once. There are day traders who sell one coin at a time and as soon as that's eaten they put another one. Or buy. You can't see the whole of any side, the buy side, or the sell side, (or the bids and asks). It's just not all there yet.

2. No one wants to be a shorter when many think it's better to be long (or in other words, the hodlers.) Plenty short the altcoins, but that's different.

[Searing]

I shouldn't be complaining with the price rising as quickly as it has, but I've got a bad feeling this bubble is gonna pop.

Not sure what the fundamentals are that got us from $1700->$2000 so quickly.

Well, btc works like this at any particular whim ..you can flip a coin...and one of 2 things will happen (future) imho

1) We dump back to 1000

2) We pump up to 3000

There is no 'middle' in bitcoin pricing..it is all in or all out it seems

Bitcoin...always the 'hot mess' drama girlfriend

So the horde of BTC I have is clear and paid from mining...thus kinda stuck..can't really walk away and sell any
in that mining cleared the investment in the btc hoard...so likely in it boom or bust

meh..its only money

someday they will stick you in a retirement home where you will have a robe/toothbrush and slippers....the

only 'currency' there is 'stories' ....at least this will be quite the story boom or bust

[lightfoot]

Needs to go up more. There's a new 2m personal jet that looks quite interesting. Hm....

(Yeah, right)

[Elwar]

Last year I said that if bitcoin hit $2k I would stand up at work and walk out.

Of course, I just took a job for a friend of mine who I respect so I will give him 6 months.

[Chef Ramsay]

I love the people who think I'm dirt poor. My grandparents felt sorry for me months ago, now they can't comprehend my crypto talk. I just tell them that, just get a coin and you're good. They have nothing but are millionaires.