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

[Junko]

Lots of people actualizing becoming fiat millionaires...

[eXpl0sive]

Profit taking at $5000 was very much expected. Let them take what they need. Then we slowly go to new highs.

[Elwar]

Profit taking at $5000 was very much expected. Let them take what they need. Then we slowly go to new highs.

Expect the same when we hit $10,000. People are waiting to hit X number to "cash out" and become bitcoin poor.

[JimboToronto]

Oh noes. My bitcoins are only worth what they were worth yesterday. (Too busy eating to post meme.)

Not deep enough of a dip to be a buying opportunity.
_____

Wow. While I was typing it dropped another $100. After I finish eating I just might go shopping after all.

Or did I already miss my chance?

[bones261]

Where's the "my bitcoins are only worth what they were worth yesterday" crying meme?

Here you go.

Oh noes. My bitcoins are only worth what they were worth yesterday. (Too busy eating to post meme.)

Not deep enough of a dip to be a buying opportunity.
_____

Wow. While I was typing it dropped another $100. After I finish eating I just might go shopping after all.

Or did I already miss my chance?

You may get lucky. I think the bears have more coming.

[jojo69]

literally just rolled back in from vacation...could I please get an executive summary?

[Kanapka]

Why the dump?

[JimboToronto]

Where's the "my bitcoins are only worth what they were worth yesterday" crying meme?

Here you go.

Oh noes. My bitcoins are only worth what they were worth yesterday. (Too busy eating to post meme.)

Not deep enough of a dip to be a buying opportunity.
_____

Wow. While I was typing it dropped another $100. After I finish eating I just might go shopping after all.

Or did I already miss my chance?

You may get lucky. I think the bears have more coming.

@explorer:

Great minds think alike. So do ours.

@bones261:

Maybe you're right but after bouncing right back up after that last dip, it's looking less likely. Also the local ATM barely lowered their buy fee (7.3%).

I'll finish dinner and see if anything's changed

Why the dump?

Standard profit-taking/correction we always get after an extended rally and upon reaching a milestone. No big deal.

[explorer]

literally just rolled back in from vacation...could I please get an executive summary?

Bitcoin.  Doing bitcoin things.  Same old same old.  New level.

[bones261]

I wonder what happened to the bitcoin mempool? Most of those zero and low fee transactions are cleared out. Did someone's spam-a-lot bot break? 

[jojo69]

literally just rolled back in from vacation...could I please get an executive summary?

Bitcoin.  Doing bitcoin things.  Same old same old.  New level.

actually surprisingly helpful

I am not finding any "news" so it would seem so

imma go unpack, we'll see how it pans out

[elrippos friend]

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

wtf has apple to do with it?

Probably nothing. As I recall, he had a bunch of people over and overlooked the most basic aspects of physical security. Then again, I may be misrememberating.

Not good to make fun of the misfortunes of others; however, I recall that Risto had some other drama a few years earlier, too... something about leaving his laptop in a conference room of a hotel and then the laptop went missing with thousands of bitcoins.  Isn't this a repeating theme with Risto, and if it were to happen once, then wouldn't additional security measures be taken in order to not have a similar scenario unfold a second time?

I think that is the incident to which I was referring. Though I think it was in the sauna at his place during an event with many invitees. I may be befuddled on the deets.

Actually, do you know how rumors can be evolve their own legs when they get batted around long enough, and it is like the game "telephone" where the last message is no where close to the first message.

It is certainly true that Risto has had a lot of drama including losing bitcoins, buying a castle, getting involved in monero, getting a divorce, being supposedly chased by the government.. and some kind of online gaming, too, so yeah, it is not very clear regarding the extent to which some of these stories might overlap, and he has been a bit of a drama queen, too, including some photos that he circulated on the internet of his personal circumstances, and even personal details that may or may not be completely true.

He has also had some incidents of health problems including psychiatric treatment, and I recall one time trying to suggest that he take better care of his health, because I saw a picture of him with a cigar and he looked really pale and unhealthy and lacking in athleticism - for a fairly young guy.

Anyhow, the laptop losing incident in the conference/hotel/sauna predated his getting involved in Monero, so if he really did lose a bunch of Monero, then that may have been a separate incident?

I believe that the hotel/sauna/conference loss, even though substantial, did not leave him in any kind of state of poverty, because, I think that he bought the castle after that with bitcoins... and maybe in the end, he tries to be a big baller and we know the expression that a fool and his money are soon parted... and if you are engaging in a lot of this kind of drama, then you are likely going to have trouble hanging onto wealth, unless you have someone managing your money for you, such as a trust.

Well, Risto indirectly brought me into crypto, so i am thankful for that. I liked Ristos math's and points he brought up, but as you say, the value of money also gains a certain amount of loss in your brain and personality. I feel with Risto that he likely never will see his kids again, has a wife who forces him to take medics like hell and that he is living alone in fucked up castle...

[JimboToronto]

@explorer:

Great minds think alike. So do ours.

Dinner at 2AM.  Another similarity 

Unfortunately, it might have caused me to miss buying under $4.6kUSD.

I wasn't about to jump up from a lovely moose roast dinner with a dear friend to take advantage of a borderline buying opportunity, although she did say I should run if I wanted to. "Go shopping" was her expression.

Now that the price is already up over $4.7k, I think I'll just follow her to bed.

[nanobtc]

I often enjoyed what Risto had to say, but I have not kept up. Looks like the G above middle C on his piano was broken.

[Ted E. Bare]

Who sold at the bottom?

[FractalUniverse]

Who sold at the bottom?

I sold at 3500 and am still waiting for a dip. does it count? 

[drbrockcoin]

@explorer:

Great minds think alike. So do ours.

Dinner at 2AM.  Another similarity 

Unfortunately, it might have caused me to miss buying under $4.6kUSD.

I wasn't about to jump up from a lovely moose roast dinner with a dear friend to take advantage of a borderline buying opportunity, although she did say I should run if I wanted to. "Go shopping" was her expression.

Now that the price is already up over $4.7k, I think I'll just follow her to bed.

You lucky dawg you

[jojo69]

Who sold at the bottom?

HAH!

not this time you smug bastard     

[rjclarke2000]

Why all the chat about Risto guys?

[x2666]

Why the dump?

Why the pump?