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

[realr0ach]

About theymos advice: I still don't get it. Why does he care? and what does he know about the fact that

Probably figured out no matter how much time you spend working on them, it's not actually possible to create a decentralized digital currency, rendering every single cryptocurrency released as having zero fundamentals, and thus having no value.  So all we're dealing with here are pump and dumps of inherently valueless, toxic assets.  The Jew bankers and overlords like Ben Bernanke and Larry Summers only promote them to try and trick people into adopting their cashless society slave grid and to try and prevent people from buying metals where the market is already stretched to the breaking point.

[JimboToronto]

A splendid good morning ladies and genitalmen of Bitcoinland.

https://www.youtube.com/watch?v=2DB2alPmdaw

I see we've had yet another ATH while I was getting the rest of my beauty sleep... currently $11764USD/$14923CAD (Bitcoinaverage).

Old coins total $13710USD/$17392CAD each (Coinmarketcap).

Hopefully quadruple digits are a thing of the past now. Onward and upward.

Go Bitcoin go.

Proudhon is Satoshi keeping us on our toes 

Lulz. For him to toss a g-note like he was throwing a penny in a beggar's cup, I can only imagine how much his real Bitcoin stash earned him this past week.

[d_eddie]

(SNIP)
it's not actually possible to create a decentralized digital currency, rendering every single cryptocurrency released as having zero fundamentals, and thus having no value.
(SNIP)
The Jew bankers and overlords like Ben Bernanke and
(SNIP)
try and prevent people from buying metals
(SNIP)

Hiya Roach, missing a few beats? Long time without a reference to rent-seeking usury schemes.

[realr0ach]

Hiya Roach, missing a few beats? Long time without a reference to rent-seeking usury schemes.

Those are covered in the manual

[DonQuijote]

When is the next fork?

[noobtrader]

When is the next fork?

How dare you asking for free money 

[pops87]

When is the next fork?

dec 17th "super" bitcoin

[Meuh6879]

Good Lord that was fast !
-snip-

target is 10 000 euros now ... (9610 euros at this day).

[lightfoot]

Also, why the hell would anyone sell bitcoin so casually, when it has the potential to double or triple in year? Or hell, in a month or two like we've seen recently?

Even the best performing stocks take decades to do that.

a) I sell to meet expenses and taxes. All part of running a business.
b) The utility value of happiness.

For b: Happiness is a utility factor in my view, and being happy is one of the goals in life overall. Deferring pleasure for a later reward is hard-wired into brains (some better than others) which is fine, but deferring too long means that you miss out on a certain amount of happiness in the years between the gratification points.

Thus you need to ask yourself: Is the deferred pleasure of a Lamborghini next year so much more than buying a nice used Porsche this year to replace your POS car? If so, save. But the utility fun factor of a car has limits, a Lambo is nicer than a Porsche but how *much* nicer? Nicer enough to wait a year for? Maybe.

Likewise with financial security: Once you're driving the Porsche opportunities start to open up in your mind on the way to your wage slave job. Maybe you start refusing that stupid promotion because you have tangible wealth and start thinking about being a high value consultant traveling the world on your own terms. Is it worth the added value of happiness to defer that for a year? Maybe, maybe not.

I wouldn't dump everything, but I would say that time is living's prize and it is the one thing that is dripping away from all of us, one second per second. So if you can increase short term happiness without sacrificing long term I would say sell a bit and enjoy. Besides, maybe it will open up other vistas to explore now in your life as opposed to later.

C

[Torque]

So I'm making a holiday bet with an in-law.

I offered to pitch in $200 for the holiday X-mas meal that he is cooking for the family. He also has a poor attitude toward Bitcoin.

So instead of giving him dollars, I'm going to make him a bet instead just to prove Bitcoin is better. And he loves bets.

The bet will go like this:

1) I give him $200 in bitcoin instead of cash.

2) BUT, he has to hold it until at least Jan 1st, 2019 and cannot sell no matter the price action.

3) If the value of bitcoin falls below $200 by that date, I will give him enough bitcoin to make up the difference in value.

4) If the value of bitcoin stays equal to or rises above $200, he keeps it all and can sell if he wishes.

It's a win-win bet for him. I'm doing this because we need to convert more people to see the power of this new "digital gold".

[Meuh6879]

Even the best performing stocks

they have the magic money printing to do this ...

[itod]

...
The bet will go like this:
...
It's a win-win bet for him. I'm doing this because we need to convert more people to see the power of this new "digital gold".

It's not quite a win-win for him, he will lose faith in his judgement Wait to see his face next year when he realizes how much off he was.

[gembitz]

Even the best performing stocks

they have the magic money printing to do this ...

magic the exchange?    coming full circle<<<

https://www.youtube.com/watch?v=j4MPM_742Xg

[bitserve]

So I'm making a holiday bet with an in-law.

I offered to pitch in $200 for the holiday X-mas meal that he is cooking for the family. He also has a poor attitude toward Bitcoin.

So instead of giving him dollars, I'm going to make him a bet instead just to prove Bitcoin is better. And he loves bets.

The bet will go like this:

1) I give him $200 in bitcoin instead of cash.

2) BUT, he has to hold it until at least Jan 1st, 2019 and cannot sell no matter the price action.

3) If the value of bitcoin falls below $200 by that date, I will give him enough bitcoin to make up the difference in value.

4) If the value of bitcoin stays equal to or rises above $200, he keeps it all and can sell if he wishes.

It's a win-win bet for him. I'm doing this because we need to convert more people to see the power of this new "digital gold".

I don't understand the bet. In which circumstances does he lose and what does he has to give you in return?

I mean... if he sells sometime before the deadline (therefore "losing the bet") for... ie $4000. What does he owes you?

[600watt]

well folks. this is it. bitcoin will sooner or later go beyond $100k. bit coiners will become indeed the new wealthy elite. we might as well start to divide this planet amongst us. since I was first to speak it out, I have the right of choosing the first slice.

i want the caribbean. at least one island.

[BitcoinBunny]

So I'm making a holiday bet with an in-law.

I offered to pitch in $200 for the holiday X-mas meal that he is cooking for the family. He also has a poor attitude toward Bitcoin.

So instead of giving him dollars, I'm going to make him a bet instead just to prove Bitcoin is better. And he loves bets.

The bet will go like this:

1) I give him $200 in bitcoin instead of cash.

2) BUT, he has to hold it until at least Jan 1st, 2019 and cannot sell no matter the price action.

3) If the value of bitcoin falls below $200 by that date, I will give him enough bitcoin to make up the difference in value.

4) If the value of bitcoin stays equal to or rises above $200, he keeps it all and can sell if he wishes.

It's a win-win bet for him. I'm doing this because we need to convert more people to see the power of this new "digital gold".

I don't understand the bet. In which circumstances does he lose and what does he has to give you in return?

I mean... if he sells sometime before the deadline (therefore "losing the bet") for... ie $4000. What does he owes you?

Not really a bet I guess, more a way of converting the guy into holding Bitcoin by paying him with that. Ie. he doesn't get to spend the chipped in money for at least a year.

[600watt]

I wonder how many times proudhon has pronounced Bitcoin dead... I remember from back in early 2013, or wait, was he a bull back then? Shit can't even remember it's changed so much  

regular media outlets were quoting proudhons garbage. class a troll with style.

[Torque]

I don't understand the bet. In which circumstances does he lose and what does he has to give you in return?

He only loses if he takes the $200 in cash and never buys any bitcoin. I'm fairly certain that bitcoin will be much higher come Jan 1st 2019.

I mean... if he sells sometime before the deadline (therefore "losing the bet") for... ie $4000. What does he owes you?

He owes me nothing. He has to hold the bitcoin for a year. If he sells before the deadline, then he'll simply lose my respect for not honoring the terms of the bet. A test of his hodling ability through the peaks and valleys.


The bet is not really designed for him to lose. It's a way to get him exposed to bitcoin without him risking anything.

[xhomerx10]

So I'm making a holiday bet with an in-law.

I offered to pitch in $200 for the holiday X-mas meal that he is cooking for the family. He also has a poor attitude toward Bitcoin.

So instead of giving him dollars, I'm going to make him a bet instead just to prove Bitcoin is better. And he loves bets.

The bet will go like this:

1) I give him $200 in bitcoin instead of cash.

2) BUT, he has to hold it until at least Jan 1st, 2019 and cannot sell no matter the price action.

3) If the value of bitcoin falls below $200 by that date, I will give him enough bitcoin to make up the difference in value.

4) If the value of bitcoin stays equal to or rises above $200, he keeps it all and can sell if he wishes.

It's a win-win bet for him. I'm doing this because we need to convert more people to see the power of this new "digital gold".

 We'll have another Bitcoiner after Christmas dinner then

[proudhon]

well folks. this is it. bitcoin will sooner or later go beyond $100k. bit coiners will become indeed the new wealthy elite. we might as well start to divide this planet amongst us. since I was first to speak it out, I have the right of choosing the first slice.

i want the caribbean. at least one island.

Sick Crysis mod, dude.