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

[sammy007]

This shit is dead.

[ThePunisher49X]

Looks like coinbase ruined it with 12 hours not existing yesterday into todays market.
And of course adding etc for their customers to buy.

What a joke.

[Elwar]

Good time to go to Turkey on holiday, cheap as fuck, been twice. Food is a bit shit but weather is great & beaches are nice.
Been planning to get my teeth done there next year by a well known company out there, full set of pearly white veneer’s, very cheap when compared to UK/US prices for similar work.

I did a week at an all inclusive resort in Antalya a few years back. Turkey is like the Mexico of Europe in that regard.

Everything was as a 5 star resort should be. Except the dominance of Russians who would wake up at 6AM to put their towel on the open chairs by the pool. My capitalist ass didn't have a chance against the former communists who knew best how to take advantage of limited free resources.

Yeah I’ve been on a few holidays over run with Russian’s. Aggressive bastards who don’t know what a queue at the bar is.

Chinese also do not understand the concept of queues. I guess with so many people they needed to figure out how to push their way forward in very limited space. At the immigration line in Thailand me and another large westerner had to play defense against these people trying to sneak past. It was futile.

My worst experience in recent memory was the underground/metro system in the Ukraine. I went in May to watch my team (Liverpool) sadly lose in the Champions League Final.

I’m never going back there though, the people are cold, man. No emotion, nothing. None of them smile.

I never understood wtf is so attractive having a vacation in a 5 star hotel where you don't see anything but the hotel and the sea.

Yes food is free, drinks are free, most stuff are free and it is cheap but where is the fun?

Maybe it is just me, I like to explore the city which I am visiting. Maybe it is because I am single and no kids. Drinking jack&coke all day under the sun and sleeping whole day this ain't a vacation I can't believe how many tourists come to Antalya for that crap. No wonder most of them are (broke) Russians I guess.  

Well, I brought a young Romanian lady with me so she enjoyed the pool and the drinks. I enjoyed her in her swimsuit and the nice Jacuzzi tub in the room (among other things).

[Elwar]

Gentlemen. It's been a pleasure.

[bitebits]

This is starting to make little sense. Which means we are entering proper ('long term') buying opportunity territory.
Let me check my bank account.

[gembitz]

Good time to go to Turkey on holiday, cheap as fuck, been twice. Food is a bit shit but weather is great & beaches are nice.
Been planning to get my teeth done there next year by a well known company out there, full set of pearly white veneer’s, very cheap when compared to UK/US prices for similar work.

I did a week at an all inclusive resort in Antalya a few years back. Turkey is like the Mexico of Europe in that regard.

Everything was as a 5 star resort should be. Except the dominance of Russians who would wake up at 6AM to put their towel on the open chairs by the pool. My capitalist ass didn't have a chance against the former communists who knew best how to take advantage of limited free resources.

Yeah I’ve been on a few holidays over run with Russian’s. Aggressive bastards who don’t know what a queue at the bar is.

Chinese also do not understand the concept of queues. I guess with so many people they needed to figure out how to push their way forward in very limited space. At the immigration line in Thailand me and another large westerner had to play defense against these people trying to sneak past. It was futile.

My worst experience in recent memory was the underground/metro system in the Ukraine. I went in May to watch my team (Liverpool) sadly lose in the Champions League Final.

I’m never going back there though, the people are cold, man. No emotion, nothing. None of them smile.

I never understood wtf is so attractive having a vacation in a 5 star hotel where you don't see anything but the hotel and the sea.

Yes food is free, drinks are free, most stuff are free and it is cheap but where is the fun?

Maybe it is just me, I like to explore the city which I am visiting. Maybe it is because I am single and no kids. Drinking jack&coke all day under the sun and sleeping whole day this ain't a vacation I can't believe how many tourists come to Antalya for that crap. No wonder most of them are (broke) Russians I guess.  

Well, I brought a young Romanian lady with me so she enjoyed the pool and the drinks. I enjoyed her in her swimsuit and the nice Jacuzzi tub in the room (among other things).

fuckit can i come live on your floating island? =) bitcoin is dust

[Gab0]

[gembitz]

This is starting to make little sense. Which means we are entering proper ('long term') buying opportunity territory.
Let me check my bank account.

like when it goes down another 50% then trigger when i buy it goes sunken treasure to $1337?     ~~~need not be concerned...zzz #ghostown

[Gyrsur]

Gentlemen. It's been a pleasure.

see you again in 2021. same place. same time.  

[samson]

No  he has no coins left. He sold his remaining coins for next to nothing and didn't buy back. He must hate every bitcoin pizza day.

You think a publicly known early miner would admit to still retaining coins? I sure as shit would not.

Perhaps, but if he was prepared to part with 10k for two pizzas then he was probably prepared to part with the rest of his coins for an extremely low price.

You don't get it - nobody had EVER publicly traded Bitcoin for anything with a fixed fiat value before this.

Because of that Bitcoin had a literal value of $0.00000000 right up until the point where someone bought a couple of pizzas.

I remember reading an article about the guy who bought the pizzas for 10k BTC and he said not to worry, he had a many coins left - this was when it was worth plenty of dollars if I remember correctly, which I might. He had millions of dollars in crypto when I read that and I won't be surprised if he still has most of it.

[Hueristic]

You don't get it - nobody had EVER publicly traded Bitcoin for anything with a fixed fiat value before this.

Because of that Bitcoin had a literal value of $0.00000000 right up until the point where someone bought a couple of pizzas.

I remember reading an article about the guy who bought the pizzas for 10k BTC and he said not to worry, he had a many coins left - this was when it was worth plenty of dollars if I remember correctly, which I might. He had millions of dollars in crypto when I read that and I won't be surprised if he still has most of it.

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

[jonoiv]

[windjc]

That chart looks like its struggling to make HHs. So I'd say failed attempt incoming next several months.

[discobean]

Price will go negative!

[jonoiv]

That chart looks like its struggling to make HHs. So I'd say failed attempt incoming next several months.

Price will go negative!

You both win a cookie

[samson]

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

Until the first transaction it has no value. No market value anyway.

[Hueristic]

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

Until the first transaction it has no value. No market value anyway.

A debatable point, I postulate that if it no value then there would have never been a second block and if it ever dropped to zero value then there would never be another block.

Of course for that to happen something huge like QC that breaks the algo and manages to create enough free coins and dump the market to nothing while also hiding that fact so that a different algo could nt be forked in. It would take the planning of a computing super power nation state (or a combination of them). And I would argue that none would ever do so as it is easier and more effective to co-op the chain.

[bones261]

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

Until the first transaction it has no value. No market value anyway.

A debatable point, I postulate that if it no value then there would have never been a second block and if it ever dropped to zero value then there would never be another block.

Of course for that to happen something huge like QC that breaks the algo and manages to create enough free coins and dump the market to nothing while also hiding that fact so that a different algo could nt be forked in. It would take the planning of a computing super power nation state (or a combination of them). And I would argue that none would ever do so as it is easier and more effective to co-op the chain.

Exactly, if people were willing to expend electricity to mine BTC in the early days, then it did have value. Electricity is not free. Nor was the wear and tear on the CPU.

[Elwar]

Throughout the last year I was told how "lucky" I was to have so many bitcoins. They wished they got in so "early" like me, that they were not so "lucky".

Think of all of the people selling right now. Think of all of the people buying right now. The people selling are doing something easy. The people buying are doing something hard.

Holding BTC right now is hard, it's not easy. When you do something that is hard and are rewarded, that is not luck. That is a reward that is earned.

I have earned every bit of what I have, and then some, having been through these tough times several times and not buckled.

I am not lucky. I am strong.

[infofront]

Wall Observer Public Service Announcement: HODL. Don't be a pussy.