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

[HairyMaclairy]

Pop goes the weasel

[BTCMILLIONAIRE]

Elwar, can you repeat the story here that you've told here before, about a local bitcoin sale you did long ago, that did not go well?

Is that a real animal?

it looks like a juvenile of a species from the Galaxiidae family of freshwater fish ... native to NZ (and a few other s. hemisphere countries). Colloquially know as whitebait and considered a delicacy.

Ah, I've had whitebait before in Japan, although those were much much smaller which threw me off. Either that or the scale in the background is not 0.5 cm per square like I'm used to. Or perhaps NZ whitebait is overall larger the ones in Japan, or Japan uses them even younger. Uhh.

[El duderino_]

Oooh that’s nice and bearish. Maybe the bottom is close after all.

probably with that kind of articles

[Torque]

Go and share this in every shitcoin telegram group you are in.
(Than shame yourself, why you are in a shitcoin telegram group?)

Funny how the payment is made in Bitcoin and not in other shitcoins. I guess Bitcoin is the thing that is valuable, eh?  

[BTCMILLIONAIRE]

Go and share this in every shitcoin telegram group you are in.
(Than shame yourself, why you are in a shitcoin telegram group?)

Funny how the payment is made in Bitcoin and not in other shitcoins. I guess Bitcoin is the thing that is valuable, eh?  

I still see it as the new USD, while others will be more akin to foreign currency or equity. You generally don't seek payment in stocks, but in USD. Bitcorn won't be different and the parallels are quite interesting. One set of people coming up with money and another group copying them with their own version. It's quite funny how everything in life just repeats itself.

[kirreev070]

[Syke]

13. it's not on Binance
lolwtf CZ listing all the shitcoins as if there is any difference between turds

Absolutely, https://en.wikipedia.org/wiki/Bristol_stool_scale.

[bitcoinPsycho]

this one never gets old




go bitcoin go

[hodl_2015]

Ah, I've had whitebait before in Japan, although those were much much smaller which threw me off. Either that or the scale in the background is not 0.5 cm per square like I'm used to. Or perhaps NZ whitebait is overall larger the ones in Japan, or Japan uses them even younger. Uhh.

Based on the 5 and 10 intervals, it should be a 1mm grid in the background.
Making the eye transparent would not work since it would collect stray light from everywhere, so it opted for the next best thing: make as reflective as possible.

edit: No one is selling at stamp. buy just 3400 BTC and the price will be at $20k.

[turtletime]

Do you guys still consider ethereum an altcoin?

[bones261]

Do you guys still consider ethereum an altcoin?

Yes, it is an alternative to BTC. That makes it an altcoin.

[jojo69]

Do you guys still consider ethereum an altcoin?

[turtletime]

I'm mostly in ethereum  so I may be fucked. I guess I don't really consider coins like eth and monero to be alts.  I know technically anything that isn't bitcoin is an alt, but when I hear altcoins I automatically think of shitcoins with no future.

[bitcoinPsycho]

I'm mostly in ethereum  so I may be fucked. I guess I don't really consider coins like eth and monero to be alts.  I know technically anything that isn't bitcoin is an alt, but when I hear altcoins I automatically think of shitcoins with no future.

d'oh!

[Torque]

Do you guys still consider ethereum an altcoin?

Ethereum is a coin that has no real world purpose, a supposed solution looking for "future use cases and problems" that don't exist.

Apparently it's current and only reason to exist is to allow the creation and trading of other ICO shitcoins, which in turn also have no real reason to exist.

You can debate with me on that if you want. Let's go down the existential rabbit hole together. You'll find that it's turtles all the way down.

[goldkingcoiner]

Do you guys still consider ethereum an altcoin?

Ethereum is a coin that has no real world purpose, a supposed solution looking for "future use cases and problems" that don't exist.

Apparently it's current and only reason to exist is to allow the creation and trading of other ICO shitcoins, which in turn also have no real reason to exist.

You can debate with me on that if you want. Let's go down the existential rabbit hole together. You'll find that it's turtles all the way down.

I somewhat agree, but I still it is still useful, when looked at from an altcoin perspective. Not sure why its diving so hard though. It might have just been the popularity of it being a huge new idea for altcoins but seems like its failing now...

[jojo69]

anybody heard of XYO?

yes, yes, I'm sure it is a pile of shit, but why?  I got a friend I want to save.

1. ICO
2. Charlie Shrem
3. https://www.reddit.com/r/Buttcoin/comments/8d9yb1/xyo_network/
4. https://bitcointalk.org/index.php?topic=4113808.0
5. https://www.youtube.com/watch?v=5_Hy9SczwSg
6. limp-wristed talk in whitepaper - experiment, might, could, not every consumer, niche
7. a security - jail for founders incoming
8. no use case for token
9. no usp - there is competition with big backers (not telling which lol)
10. the market right now
11. ETH based
12. is not bitcoin

thanks V8

perfect

[yefi]

Absolutely cause anybody that sell his or her holding in other not to loose because of the dump in price of the market such person person is already loosing. How ever, this remind of Papa Laszlo the man who bought 2 pizza with 10,000 bitcoin back in the year 2010 and I knew he will surely regret doing that now. Guys don't sell your bitcoin now if it not for an important or urgent situation so you won't regret it.

I used to think for sure that such an early proponent of Bitcoin would not have sold all his coins, but turns out he did for peanuts. If he'd have just withheld 10% and applied a laddered exit strategy, he could still be enjoying the ride.

[Torque]

I somewhat agree, but I still it is still useful, when looked at from an altcoin perspective.

See, you can't just stop at the top of the rabbit hole and look down it like all the others. You actually have to back that opinion with proof or reasoning. Otherwise it isn't.

[ivomm]

Geez, Coinbase pump bart style