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

[Last of the V8s]

This place was cactus land, it's true. This is nothing like that.

Wasn't there also that other thread at the time, Gold Collapsing, Bitcoin Up? It had occasional grown-up on and off-topic discussion ( amongst the scamming and stuff ). Nowadays this thread seems to have taken on both ( all 3 ) functions - price discussion, bitcoin ramblings, scamming-and-stuff.

[JayJuanGee]

This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.
USA is now world series of povos.

College tends to be a good investment, because it is investing into yourself.  Of course, if you can figure out better ways to invest in yourself, then that can work, too.

Debt is never a good investment, unless you have a really solid plan for making money off the debt. How useful is multicultural basket weaving in the current economy?

Debt is a good investment when you are investing into yourself rather than some depreciating good.

In regards to something like education, you may well not know what you do not know, and therefore, sometimes you may not be able to figure out how you will be able to pay back the debt, but if you do not invest into something like education when you are young, then you are likely to lead a life of ignorance and stupidity, and falsely thinking that you understand things that are out of your grasp, merely because you failed/refused to build a proper foundation.

So do the fuck what you like, but you are spreading bullshit ignorance if you are trying to boil education down to mere ability to make money off of it later in life.  Furthermore, regarding debt more specifically, there are ways to use and to leverage debt to be able to achieve prosperity and even social mobility (and understanding) in ways that you would not be able to achieve without such a tool(s).

Edited:  Added response to Anon136's post

[edited out]

Debt is never a good investment, unless you have a really solid plan for making money off the debt. How useful is multicultural basket weaving in the current economy?

When you take out a loan to purchase capital you can incorporate that liability and asset and insulate your person from losses in excess of the value of the capital. When you take out a loan to "invest in yourself" you can not do this. It makes it one of the most dangerous ways to borrow and invest in expected increased future productivity.

Nonsense.

[Rosewater Foundation]

This place was cactus land, it's true. This is nothing like that.

Wasn't there also that other thread at the time, Gold Collapsing, Bitcoin Up? It had occasional grown-up on and off-topic discussion ( amongst the scamming and stuff ). Nowadays this thread seems to have taken on both ( all 3 ) functions - price discussion, bitcoin ramblings, scamming-and-stuff.

Also true. Cypherdoc and company. They started to BitcoinXT and everything went to shitstorm. We lost a lot of big brains during the purge.

[ccminer.net]

volumes at spot exchanges are very very low, while on that shitty CME are getting higher and higher!

Please folks let me understand this trend.

Are we facing a new super dump thanks to our dear CME trader friends, thant can keep dumping without owning BTC at all!!

https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_volume_voi.html#tradeDate=20180706

big dump is probably coming
cme volume is also tiny
the 2 might still be connected

Since CME got in the show the shit hit the fan!
I just hope they can close their paper trade or start to lose interest or whatever just get lost them and their price manipulation

[Ibian]

What do we think about the Trump balloon?

[bones261]

What do we think about the Trump balloon?

It hurts my eyes. Don't want to see Trump in only his underwear. 

[Ibian]

What do we think about the Trump balloon?

It hurts my eyes. Don't want to see Trump in only his underwear. 

This is a fair point.

[Last of the V8s]

What do we think about the Trump balloon?

It hurts my eyes. Don't want to see Trump in only his underwear.  

Would you have preferred to have seen Hillary like that?

[Ibian]

What do we think about the Trump balloon?

It hurts my eyes. Don't want to see Trump in only his underwear. 

Would you have preferred to have seen Hilary like that?

Another extremely fair point.

[Rosewater Foundation]

I guess the American president has a balloon now? I don't news much.

One thing that comes to mind about Trump is how anti-fragile he is from reputational harm. When you're assumed to be a decent human being gossip can be really damaging. When everybody thinks you're giant balloon, you are free from it.

Just a thought.

[Last of the V8s]

Garvin is rich
https://usethebitcoin.com/top-10-richest-bitcoin-owners/

[bones261]

What do we think about the Trump balloon?

It hurts my eyes. Don't want to see Trump in only his underwear.  

Would you have preferred to have seen Hillary like that?

No, the good people of London would have made her's with a pantsuit on.

[bones261]

Garvin is rich
https://usethebitcoin.com/top-10-richest-bitcoin-owners/

I thought the FBI already sold the Silk Road coins in auction.

[JayJuanGee]

Garvin is rich
https://usethebitcoin.com/top-10-richest-bitcoin-owners/

The article should be taken with a BIG ASS grain of salt.   Perhaps, we could consider the article to be a historical rendition of bitcoin holdings rather than any kind of accurate snapshot of current bitcoin holdings.

Two obvious errors is that FBI auctioned off all (or nearly all of silk road related coins) and the article does not even know how to spell Gavin Andresen's name.., and even the article admits that Gavin proclaims that he had already sold a lot of his BTC holdings (whether true or not, who knows? and the article author does not seem inclined to delve too deeply for any kind of factual accuracy in regards to reasonable current direct evidence or reasonable inferences).

Garvin is rich
https://usethebitcoin.com/top-10-richest-bitcoin-owners/

I thought the FBI already sold the Silk Road coins in auction.

Don't let easily knowable facts get in the way of a good article.   

[Rosewater Foundation]

Garvin announced he was selling his corns around the time I was buying mine. Crop rotation.

[HairyMaclairy]

I recall a couple of months ago that you expected that you would not do any more  buying below $6k... but then BTC's price performance changed, which caused you to buy some more BTC below $6k (that is what you said), but if you really expect prices to go down to $3,800-ish, then did you prepare by selling some BTC or are you just sticking with a buy on the way down plan?

Good memory.  No, nothing has changed.  I am done trading between $6k and $10k because any trade would make me objectively worse off according to my models.  I can’t sell any because I need all of my current holdings to hedge against a sudden upside move (eg a retail ETF somehow magically gets approved).  

I also can’t buy any because I have gone bearish and am expecting a long grind to 2020.  I bought a small amount when we went sub $6k but it wasn’t deep enough or long enough for me to really engage.

Basically I don’t pretend to know which way the price is going to go but am assuming a long haul and have a plan either way.

[Last of the V8s]

The numbers in that article are less accurate than the mayor's polling numbers, which is no mean feat

[HairyMaclairy]

It would be interesting to see whether the Bulgarian BTC have made their way to an exchange.   Very tempting honey pot for a politician. 

[El duderino_]

Is it wrong for me to have some concern for 'goosens liver, given the World Cup this season ?

the liver of A micgoossens can take a lot ..... after celeb. belgium i had to support england cause many in here where very supportive for me with BELGIUM..... so i did my part and went on the rosè wine very early (cause very hot @the moment and it drinks smoothly on long term evening....) after needed to support croatia cause a friend with his croatian girlfriend joined me and my girl for dinner @ a big screen terrace and with all the excitment of the game the wine runned smooth inside EVEN FORGOT TO CHECK BTC PRICE TILL NOW     , not much happend so maybe start the engine now or later or whenever we will see when it happens  
all the teams needed to be in the semi finals are there , the liver has been satisfied with alcoholic drinks the stumage with very good food , the side of me with the most of beautifull girl, around 25 degrees of evening wheater and offcourse A world of BITCOIN what more can i want      
few days of non topic football BS and its finisht excuse me for those that don't watch football............

[El duderino_]

^
also thx for concerning about my liver @BobLawblaw