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

[Ibian]

Btw, that video reminds me so much of this one:
https://www.youtube.com/watch?v=UlJku_CSyNg

Did we just have our normie entertainer "aha" moment?  

Lol yes
now waiting for the real brains of the entertainment industry to get it
https://www.youtube.com/watch?v=LaHcOs7mhfU
David Bowie predicted in 1999 the impact of the Internet in BBC interview

I had no idea that Bowie was so articulate and intelligent. What a contrast to today's "stars".

Many "stars" are extremely intelligent. Not everyone got there just by "luck". Some even look much more stupid than they really am, because of... stars.

And yes, Bowie is one of the former.

One important factor is if you are famous because of ability or how you look. One lifestyle breeds excellence, another breeds narcissism.

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[bitserve]

Btw, that video reminds me so much of this one:
https://www.youtube.com/watch?v=UlJku_CSyNg

Did we just have our normie entertainer "aha" moment?  

Lol yes
now waiting for the real brains of the entertainment industry to get it
https://www.youtube.com/watch?v=LaHcOs7mhfU
David Bowie predicted in 1999 the impact of the Internet in BBC interview

I had no idea that Bowie was so articulate and intelligent. What a contrast to today's "stars".

Many "stars" are extremely intelligent. Not everyone got there just by "luck". Some even look much more stupid than they really am, because of... stars.

And yes, Bowie is one of the former.

One important factor is if you are famous because of ability or how you look. One lifestyle breeds excellence, another breeds narcissism.

Arguable. Stereotyping.  There is also "mental" narcisissm which has nothing to do with looks and it is usually even worse.

Better to go back to topic and cellebrate another day of good healthy consolidation

[JimboToronto]

Can you actually pay utilities and the like in cash in Canada? Or how did you manage to get by without a bank account?

It used to be easier to pay with cash. If you went to the Toronto Hydro offices on Carlton Street you could pay a cashier in a wicket on the main floor. Not any more. The Rogers kiosk in the Eaton Center still accepts cash payments though.

Until I got the credit card, I used postal money orders to pay all my bills well in advance. I figured that by never having a late payment charge, it offset any paltry interest I might be missing from keeping my money in the bank. Instead the account credits I had at all the utilities served as money in the bank. By paying half a year's worth at once, I saved on the flat-rate money order fees, envelopes and postage.

Now I simply go to the bank that administers my credit card. Even though I don't have an account with them, they'll take my utility payments for a fee of $1 each. I still keep account credits though. As I said, money in the bank.

The banksters don't know what to think of me. I come waltzing in wearing my BTC ballcap and give them cash, only to find I don't have an account. Some of the flunkies tellers recognize the symbol on my cap and a few of them have struck up a conversation about it. One of them, obviously a real go-getter, even tried to talk me into selling some coins to "invest" in one of their fine financial products. LOL.

[600watt]

Dropped out of art college in 1967, quit all 3 jobs I had in my life, 2 in less than 6 months, been job-free since 1977 (just say no) and have been living a fun life ever since.
(...)
I was doing just fine before Bitcoin earned me an obscene amount. Life is good.

good to see that. congrats.

[Toxic2040]

Well..looks like everyone has been eating their Wheaties this morning....good...must be time for some game theory. Btfd's.

http://trust.fehradvice.com/

[Rsiyz]

                                                                                               Good evening  bitcoinland.


https://www.zerohedge.com/news/2018-02-16/deutsche-nobody-can-understand-whats-going-dollar-answer-simple


My country was decades invaded and keep in war state with us army. And this ** now relased cryptocoins and try destroy last healt economies in world  who work and create real world.

People like jimbo think they are "against banksters" and off MSM.. NO.. they live happy life in debt economy (low population like canada) and pay debt created with central bank before years ... now he get jacpot from same gangsters..witch pump up all cryptos...
miracle happy life..
but i wish palestinians and syrians and other who pay with own blood for happy nort american life...
but now last economy news from canada show ..it was only debt economy ,. resources have many countries and world is overloaded with them (like crude now) and people.. on youtube is some vblogers   about "happy life"

just pump up
 .. becouse real people have not 10k or + on bitcoin .. thats why dark world use litecoin and other.. and will not real using of bitcoin ..just fake news and numbers about using crypto





                        

[BTCMILLIONAIRE]

Can you actually pay utilities and the like in cash in Canada? Or how did you manage to get by without a bank account?

It used to be easier to pay with cash. If you went to the Toronto Hydro offices on Carlton Street you could pay a cashier in a wicket on the main floor. Not any more. The Rogers kiosk in the Eaton Center still accepts cash payments though.

Until I got the credit card, I used postal money orders to pay all my bills well in advance. I figured that by never having a late payment charge, it offset any paltry interest I might be missing from keeping my money in the bank. Instead the account credits I had at all the utilities served as money in the bank. By paying half a year's worth at once, I saved on the flat-rate money order fees, envelopes and postage.

Now I simply go to the bank that administers my credit card. Even though I don't have an account with them, they'll take my utility payments for a fee of $1 each. I still keep account credits though. As I said, money in the bank.

The banksters don't know what to think of me. I come waltzing in wearing my BTC ballcap and give them cash, only to find I don't have an account. Some of the flunkies tellers recognize the symbol on my cap and a few of them have struck up a conversation about it. One of them, obviously a real go-getter, even tried to talk me into selling some coins to "invest" in one of their fine financial products. LOL.

Lmao, yeah bankers really love trying to talk you into buying their crap. It's always fun to talk to them for ages just to slowly reveal that you know what they are up to and that their products are complete trash by introducing little facts in the form of questions one by one.

[Rsiyz]

https://www.youtube.com/watch?v=1xfwFJp-LIE&list=UUpwvZwUam-URkxB7g4USKpg

This week's episode Miguel Francis-Santiago takes RT's Cryptolium deep into Russia's crypto-world. As India threatens to shut down crypto, while other government also hint at a clamp down, which way is Russia leaning? Find out the gritty details only in RT's Cryptolium

[bitserve]

Well..looks like everyone has been eating their Wheaties this morning....good...must be time for some game theory. Btfd's.

http://trust.fehradvice.com/

Awesome!

[Ibian]

Well..looks like everyone has been eating their Wheaties this morning....good...must be time for some game theory. Btfd's.

http://trust.fehradvice.com/

This is amazing.

I got some good advice once. Treat everyone the best you can when you first meet, and after that treat them how they treat you. In this particular game, that worked great.

Edit: I AM COPYCAT!

[Dabs]

I have a bank account and some credit cards with just enough to pay the bills. The rest are in crypto. It's more convenient and you do build up a good credit rating or credit score if you pay off all your cards or keep utilization below 5%.

[bitserve]

I have a bank account and some credit cards with just enough to pay the bills. The rest are in crypto. It's more convenient and you do build up a good credit rating or credit score if you pay off all your cards or keep utilization below 5%.

When you guys talk about credit utilization.... do you mean something like deferring payments instead of paying the bill at end of month?

Never knew anyone that would do that. Looks suicidal considering the extreme interest. I would expect someone having to resort to that type of credit to be on the verge of bankruptcy already. Same with the people leasing or buying cars on credit (although I know some of those).

[JimboToronto]

People like jimbo think they are "against banksters" and off MSM.. NO.. they live happy life in debt economy (low population like canada) and pay debt created with central bank before years ... now he get jacpot from same gangsters..witch pump up all cryptos...
miracle happy life..

Perhaps you should read my post again.

I didn't say I was "against banksters". I laugh at them and use them to my advantage. I don't have a bank account. I don't pay interest. I use them to save postage on utility payments and for the convenience of a credit card which I use only when I absolutely can't use cash.

Maybe Canada's wealth was partially created by the "debt economy" of which you speak, but most of it came from natural resources and the hard work and ingenuity of immigrants and their offspring.

I didn't hit any "jackpot" from "gangsters". I got into Bitcoin because I was a computer geek who loved the concepts of open-source software, peer-to-peer networking and cryptography.

My first purchase wasn't bitcoins, it was mining equipment. I had sufficient confidence in the importance of this new technology to not only hold on to all of my coins when the price dropped to $50, but to keep buying more. After going through this cycle repeatedly, I simply don't sweat it any more.

It was never about trying to get rich. It was about doing something good. The wealth that came was strictly a by-product. Don't confuse me with being some kind of "trader".
_____

Sorry to hear that you're from a war-torn, less advantaged country. We can't choose where we're born. All we can do is play the cards we're dealt as best we can.

Don't blame me for that.

[jbreher]

We have (barely) broken the downward channel which has dominated since $17k.   Even if the pump doesn’t hold, the channel is now vulnerable.  It could be the end of the bear market.

I have a hard time thinking of this pullback from a monster pump as anything close to a bear market.

[suchmoon]

I have a bank account and some credit cards with just enough to pay the bills. The rest are in crypto. It's more convenient and you do build up a good credit rating or credit score if you pay off all your cards or keep utilization below 5%.

When you guys talk about credit utilization.... do you mean something like deferring payments instead of paying the bill at end of month?

Never knew anyone that would do that. Looks suicidal considering the extreme interest. I would expect someone having to resort to that type of credit to be on the verge of bankruptcy already. Same with the people leasing or buying cars on credit (although I know some of those).

Utilization (for credit rating purposes) is usually the balance at the time of the statement or whenever the bank reports it to the CRA. So you can have some utilization (under 10% preferably) and pay it off without interest within the grace period, 20-30 days.

Edit: I drive a leased car. With interest rates near 0% it makes sense for a couple of reasons - opportunity cost and depreciation risk.

[Ibian]

We have (barely) broken the downward channel which has dominated since $17k.   Even if the pump doesn’t hold, the channel is now vulnerable.  It could be the end of the bear market.

I have a hard time thinking of this pullback from a monster pump as anything close to a bear market.

This is a fair point. You are still a reprehensible cloneclown, but what you said there is entirely reasonable.

[Toxic2040]

"I got into Bitcoin because I was a computer geek who loved the concepts of open-source software, peer-to-peer networking and cryptography."

"I had sufficient confidence in the importance of this new technology to not only hold on to all of my coins when the price dropped to $50, but to keep buying more."

"It was never about trying to get rich. It was about doing something good."

"All we can do is play the cards we're dealt as best we can."

I really have a man crush on your ideology Jimmie. Refreshing to know I am not alone.

Something else to ponder...This Wall we observe...this is a historical document..one wonders what will be thought about it in the future. Some of the replies and responses left here will potentially guide future generations.

Think about these things as you glibly type down what ever stray thought comes to mind. We are the forerunners of a paradigm shift in not only the world of financial markets but in the basic fundamental structure of society.

tl;dr  Raise the bar.

[BTCMILLIONAIRE]

Well..looks like everyone has been eating their Wheaties this morning....good...must be time for some game theory. Btfd's.

http://trust.fehradvice.com/

This is amazing.

I got some good advice once. Treat everyone the best you can when you first meet, and after that treat them how they treat you. In this particular game, that worked great.

Edit: I AM COPYCAT!

Brilliant intro into Game Theory. Wish schools sought out such ways to introduce students to concepts.

I'm mostly a copycat too. Nice to everybody I meet, then just adapt to their behaviour. There haven't been many cases where I'd cut someone off entirely for being a massive twat. Arguing with people can be tons of fun though, not to mention the intellectual exercise, so I don't mind hostile encounters as long as they don't get physical.

[BTCMILLIONAIRE]

"I got into Bitcoin because I was a computer geek who loved the concepts of open-source software, peer-to-peer networking and cryptography."

"I had sufficient confidence in the importance of this new technology to not only hold on to all of my coins when the price dropped to $50, but to keep buying more."

"It was never about trying to get rich. It was about doing something good."

"All we can do is play the cards we're dealt as best we can."

I really have a man crush on your ideology Jimmie. Refreshing to know I am not alone.

Something else to ponder...This Wall we observe...this is a historical document..one wonders what will be thought about it in the future. Some of the replies and responses left here will potentially guide future generations.

Think about these things as you glibly type down what ever stray thought comes to mind. We are the forerunners of a paradigm shift in not only the world of financial markets but in the basic fundamental structure of society.

tl;dr  Raise the bar.

I actually love how the internet makes it much easier for people who feel disillusioned with their environment to find nudges towards a better future. Based on my environment I should be an envious bumbling idiot who complains about evil rich and successful people, not to mention overly arrogant and ignorant. Really glad I got into games and the internet at a young age, since I would've most certainly lost my drive otherwise.

[bitserve]

I have a bank account and some credit cards with just enough to pay the bills. The rest are in crypto. It's more convenient and you do build up a good credit rating or credit score if you pay off all your cards or keep utilization below 5%.

When you guys talk about credit utilization.... do you mean something like deferring payments instead of paying the bill at end of month?

Never knew anyone that would do that. Looks suicidal considering the extreme interest. I would expect someone having to resort to that type of credit to be on the verge of bankruptcy already. Same with the people leasing or buying cars on credit (although I know some of those).

Utilization (for credit rating purposes) is usually the balance at the time of the statement or whenever the bank reports it to the CRA. So you can have some utilization (under 10% preferably) and pay it off without interest within the grace period, 20-30 days.

Edit: I drive a leased car. With interest rates near 0% it makes sense for a couple of reasons - opportunity cost and depreciation risk.

As long as it is interest free it is ok for me. Credit cards are convenient. But if I had to pay ANY interest I would resort to other payment options. It's no wonder they keep bombarding with the "great" conditions of their payment deferrals. The irony is that I would give NO credit to anyone that really was willing to pay that outrageous interest (looks really desperate and incapable of repayment).

ABout the leased cars... if you can do it with a negligible interest rate or you can deduct it as a business expense that is a very different thing. If you did it because you were UNABLE to pay it upfront and instead opted to pay outrageous interest fees over a few years that is again a sign of walk to the path of bankruptcy, it's those ppl who I was referring to. Although the credit card thing looks much more critical to me.