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

[savetherainforest]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Some time back, I bought my wife an Instant Pot (fancy pressure cooker) with Bitcoin at a 25% discount via Amazon/Purse.io. Told her by using Bitcoin (which was already way up for me), it was the cheapest Instant Pot money could buy.   

Then Bitcoin quintupled.

Now she looks at the Instant Pot and says, "Most expensive fucking Instant Pot money could buy."     And sits there scheming over all the things she could have bought HODLing instead.

So yes. HODL is a paradox. Yes indeed.

Nevermind I bought all the dips on the way up. Nevermind I can retire early now. That fucking Instant Pot will always be my HODL reminder.

"Yes honey, it's a lovely house, but we could have bought a fucking castle, you idiot!"

this hodl philosophy will really hurt bitcoin one day. this could end in some kind of deflation spiral, nobody uses bitcoin to buy stuff because stuff will be much cheaper tomorrow.

to solve this hodl problem we need a new kind of service. A combination of payment and exchange service. with this service it should be possible to pay for something in bitcoin and also instantly exchange the same amount of fiat back to bitcoin - payhodl.com!

Sir.. that is where you are wrong about bitcoin!

When the world will dump all its resources into bitcoin, the only way to make bitcoin rise again will be to create economic growth. So basically bitcoin will grow as much as there will be new people, new processed raw resources into higher value items with a demand. So when it will reach its peak it will just be very stable, the trading will have a bit of volatility, but the real growth will be lets say as an example 5-10% per year as the GDP growth of humanity / planet earth / solar system...etc.  

[yermom]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Some time back, I bought my wife an Instant Pot (fancy pressure cooker) with Bitcoin at a 25% discount via Amazon/Purse.io. Told her by using Bitcoin (which was already way up for me), it was the cheapest Instant Pot money could buy.   

Then Bitcoin quintupled.

Now she looks at the Instant Pot and says, "Most expensive fucking Instant Pot money could buy."     And sits there scheming over all the things she could have bought HODLing instead.

So yes. HODL is a paradox. Yes indeed.

Nevermind I bought all the dips on the way up. Nevermind I can retire early now. That fucking Instant Pot will always be my HODL reminder.

"Yes honey, it's a lovely house, but we could have bought a fucking castle, you idiot!"

this hodl philosophy will really hurt bitcoin one day. this could end in some kind of deflation spiral, nobody uses bitcoin to buy stuff because stuff will be much cheaper tomorrow.

to solve this hodl problem we need a new kind of service. A combination of payment and exchange service. with this service it should be possible to pay for something in bitcoin and also instantly exchange the same amount of fiat back to bitcoin - payhodl.com!

To solve this hodl problem we need to hodl til fiat no longer exists. Then 1BTC is equal to 1BTC and I hope by then  we'll have managed the deflation "problem" spiral

[Elwar]

this hodl philosophy will really hurt bitcoin one day. this could end in some kind of deflation spiral, nobody uses bitcoin to buy stuff because stuff will be much cheaper tomorrow.

to solve this hodl problem we need a new kind of service. A combination of payment and exchange service. with this service it should be possible to pay for something in bitcoin and also instantly exchange the same amount of fiat back to bitcoin - payhodl.com!

Trust me, when most of your wealth is tied up in bitcoins, you will spend them.

The flaw is thinking that people that get it will be holding very much fiat to spend. Maybe enough for a restaurant or groceries for the week but the big things like travel, large purchases, etc. are done with bitcoins.

[JayJuanGee]

My bet is on Charlie!

https://twitter.com/rogerkver/status/913870930815807488
https://twitter.com/SatoshiLite/status/913874126812569600

Me too...


Charlie has the better deal that's for sure; however, Roger probably does not give a shit because he has so much money and he is so filled with emotion, and he does not mind throwing away 250 BTC for this cause...... in order to replace that BTC with something that is lucky to have 1/10 the value...  Sure, a publicity stunt that may cost Roger around $1million... to trade BTC for what is likely to be our newest introduction of a shitcoin.

[Meuh6879]

"Yes honey, it's a lovely house, but we could have bought a fucking castle, you idiot!"

expansion.
a human tare.
perhaps.

[Meuh6879]

[Meuh6879]

Did I ever told you how much I love people on these forum and their little "cooking pot" stories??

things change, too : http://www.zerohedge.com/news/2017-09-28/meet-worlds-no1-bitcoin-derivatives-trader-its-pure-unlicensed-capitalism

Code:

his portfolio is up 295 percent in the past 12 months... 

"I just put in an order for a Tesla, 
and I don’t even know how to drive..."

[gembitz]

China is catching up now!!!!     ~told youes

[Meuh6879]

Jimmy Song Interview (video) : http://www.zerohedge.com/news/2017-09-29/bitcoin-core-developer-explains-bitcoins-value

"Limit (supply) of Bitcoin is the first thing (goal : store of value)."

[Lincoln6Echo]

My bet is on Charlie!

https://twitter.com/rogerkver/status/913870930815807488
https://twitter.com/SatoshiLite/status/913874126812569600

Me too...


Charlie has the better deal that's for sure; however, Roger probably does not give a shit because he has so much money and he is so filled with emotion, and he does not mind throwing away 250 BTC for this cause...... in order to replace that BTC with something that is lucky to have 1/10 the value...  Sure, a publicity stunt that may cost Roger around $1million... to trade BTC for what is likely to be our newest introduction of a shitcoin.

There was some other dude who wanted to trade his coins with Roger before August HF. Roger never went through this deal iirc. He just noisy without substance...

[600watt]

Did I ever told you how much I love people on these forum and their little "cooking pot" stories??

bought one of these couple of years ago, "paid by" bitcoin.



it is a fantastic bike. as fantastic as its $45 000,00 price tag. only bitcoiners know. 

[600watt]

Did I ever told you how much I love people on these forum and their little "cooking pot" stories??

things change, too : http://www.zerohedge.com/news/2017-09-28/meet-worlds-no1-bitcoin-derivatives-trader-its-pure-unlicensed-capitalism

Code:

his portfolio is up 295 percent in the past 12 months... 

"I just put in an order for a Tesla, 
and I don’t even know how to drive..."

in reddit they wrote the guy would have made a 560 percent return if he had just hodled. 

[BlindMayorBitcorn]

BCH has been pegged at about 10% for an eternity. Wonder what 2x will be pegged at.

r/btc can't understand why Roger wants 2x to succeed. It will hurt BCH..but but..

What I find interesting is Roger's promoting of "Bitcoin" Cash has actually undermined the support of Segwit2x.
If we have 3 coins, Bitcoin Cash is the natural competitor to Segwit2x. If Segwit2x beats Core, Bitcoin Cash will also lose.

They are such pawns.

[Meuh6879]

Prepare for "something" ...

[vroom]

Prepare for "something" ...

most likely a spam attack combined with some pow hashrate switch to bch: http://fork.lol/pow/hashrate

[gembitz]

bitcoin flying GBTC i think is why weee

[CristiTCM]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

[xhomerx10]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Some time back, I bought my wife an Instant Pot (fancy pressure cooker) with Bitcoin at a 25% discount via Amazon/Purse.io. Told her by using Bitcoin (which was already way up for me), it was the cheapest Instant Pot money could buy.   

Then Bitcoin quintupled.

Now she looks at the Instant Pot and says, "Most expensive fucking Instant Pot money could buy."     And sits there scheming over all the things she could have bought HODLing instead.

So yes. HODL is a paradox. Yes indeed.

Nevermind I bought all the dips on the way up. Nevermind I can retire early now. That fucking Instant Pot will always be my HODL reminder.

"Yes honey, it's a lovely house, but we could have bought a fucking castle, you idiot!"

 Instant Pot is awesome though!  Tender cooked beets in 15 minutes. I guess if your wife uses all that new-found free time to ponder what could have been... damn it actually was a bad idea!    Can you buy meds with Bitcoin?

[gembitz]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

n00bvember fork is BCH vs ShitGold? bwaa :-D sureeeee keep mm coming ===> honeybadger don't give a fork

[vroom]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

we have 2 upcoming forks, bitcoin gold and segwit2x. from bcash people know that a fork means free money. I think the price will go up and not down, people are buying because they want free coins. but we will most likely see a correction after the forks.