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

[kenzawak]

While Bitcoin Is Down, Big Players Continue To Pour Money And Faith Into Blockchain

https://www.forbes.com/sites/yoavvilner/2018/11/19/while-bitcoin-is-down-big-players-continue-to-pour-money-and-faith-into-blockchain/#2190b4b1eb8b

[somac.]

what pisses me off about this whole thing, is the people who celebrate it.

Bitcoin is what can free people from financial oppression and ever increasing loss of fiat money through inflation. Yet, people who shouldn't want this thing to die do. How the hell can you hate freedom, which in my mind is what btc is.

Most don't realize that. Most saw 100% price increase and started thinking "I want a lambo...time to buy some of this bitcoin thing".


The reality is...no matter how much things are advancing, less merchants are accepting bitcoin. Mainly thanks to Coinbase dropping their merchant sector and Bitpay switching to BCH.

The whole point of bitcoin is slowly degrading. I used to be able to live on bitcoin. Now I'm paying for hotels online with a credit card.

This is kind of disturbing, I didn't realize that it is getting harder and not easier. You've been here for a while Elwar, what do you think of the future of btc and it's prices?

[somac.]

While Bitcoin Is Down, Big Players Continue To Pour Money And Faith Into Blockchain

https://www.forbes.com/sites/yoavvilner/2018/11/19/while-bitcoin-is-down-big-players-continue-to-pour-money-and-faith-into-blockchain/#2190b4b1eb8b

Blockchain is not bitcoin though is it. So does that really help?

[xhomerx10]

XRP holding 2e spot and bCash down to spot 5 at Coinmarketcap (-41%) 

 Nice to see bCash getting it's comeuppance.  This gold hat also has a silver lining.



Avatar-sized

[mindrust]

Whhaaata the fuuck. I just woke my ass up to see $4,5k.

Now I am starting to worry.

Joke.

Buying more. Still not dead!

[PoolMinor]

[ edited out]

Man, you need to take a step back, and get a sense of humor. Geez Louise don't be so full of yourself all the time, sucka! I am pretty certain you are the only one in this thread that took this clear joke personally.

You are pretty certainly wrong.

Why would I take your comment personally.  I just said that it was not accurate.  There is a difference between comment substantively about something inaccurate and taking something personal.  You should know that, sucka.        

I embolden the part that you missed again, this was not accurate because it was a joke. Go back to your percentage cave.

[Elwar]

what pisses me off about this whole thing, is the people who celebrate it.

Bitcoin is what can free people from financial oppression and ever increasing loss of fiat money through inflation. Yet, people who shouldn't want this thing to die do. How the hell can you hate freedom, which in my mind is what btc is.

Most don't realize that. Most saw 100% price increase and started thinking "I want a lambo...time to buy some of this bitcoin thing".


The reality is...no matter how much things are advancing, less merchants are accepting bitcoin. Mainly thanks to Coinbase dropping their merchant sector and Bitpay switching to BCH.

The whole point of bitcoin is slowly degrading. I used to be able to live on bitcoin. Now I'm paying for hotels online with a credit card.

This is kind of disturbing, I didn't realize that it is getting harder and not easier. You've been here for a while Elwar, what do you think of the future of btc and it's prices?

I think this has shown that we're going into yet another crypto winter. Last time it was over 2 years.

Remember, the last halving was 2016. The price didn't start rising until a few months before the halving.

Next halving isn't until 2020. So strap yourselves in...take a break from the bitcoin price...or plan out your next 2 years to gather as much bitcoin as possible.

Personally when it did this last time I told my boss that I would take whatever shit job he had anywhere in the world as long as it paid a lot of money. I got a job in Afghanistan and made a lot of money which I poured into bitcoin. Also, google minimalism. Downsize your life to a suitcase.

[Tyr808]

S T I F F E D
T
I
F
F
E
D

[Elwar]

Remember who you're selling to (at a discount).

[PoolMinor]

Buy before September 30, 2019

[somac.]

I think this has shown that we're going into yet another crypto winter. Last time it was over 2 years.

Remember, the last halving was 2016. The price didn't start rising until a few months before the halving.

Next halving isn't until 2020. So strap yourselves in...take a break from the bitcoin price...or plan out your next 2 years to gather as much bitcoin as possible.

Personally when it did this last time I told my boss that I would take whatever shit job he had anywhere in the world as long as it paid a lot of money. I got a job in Afghanistan and made a lot of money which I poured into bitcoin. Also, google minimalism. Downsize your life to a suitcase.

Thank you for the advice, I already live like a pauper so I can't minimize anymore. While I have a sizable sum in btc, I do have more in other areas so it's not like I'm all in or anything, I can definitely wait tiill the next bull run and 2020 is nothing really.

I'm guessing by your response, you are still positive despite, what you see as btc getting more difficult. If true, this does make me feel a little better, as doubts are starting to creep in, same as in 2015 funnily enough.

Afghanistan is a worrisome place, I'm glad you got out.

[Elwar]

I think this has shown that we're going into yet another crypto winter. Last time it was over 2 years.

Remember, the last halving was 2016. The price didn't start rising until a few months before the halving.

Next halving isn't until 2020. So strap yourselves in...take a break from the bitcoin price...or plan out your next 2 years to gather as much bitcoin as possible.

Personally when it did this last time I told my boss that I would take whatever shit job he had anywhere in the world as long as it paid a lot of money. I got a job in Afghanistan and made a lot of money which I poured into bitcoin. Also, google minimalism. Downsize your life to a suitcase.

Thank you for the advice, I already live like a pauper so I can't minimize anymore. While I have a sizable sum in btc, I do have more in other areas so it's not like I'm all in or anything, I can definitely wait tiill the next bull run and 2020 is nothing really.

I'm guessing by your response, you are still positive despite, what you see as btc getting more difficult. If true, this does make me feel a little better, as doubts are starting to creep in, same as in 2015 funnily enough.

I just need to get good at fishing. And eating fish every day.

[Wekkel]

The price will drop until buying morale improves.

This increase in volatility is absolutely the best that could happen. Bitcoins without volatility is either 100% domination or the project being dead.

We are watching healing in process.

[somac.]

What depths do we fall to today, $3,000?

The defib isn’t working. Is there a fucking pulse left in bitcoin?

3 figures genuinely looks possible right now.

I'm thinking 3000 without a doubt (fucking hope you are wrong about 3 figures). Yeah no pulse, I won't feel better till I see a pulse again. Looking at the chart from November 2014 to January 2015, shows very little pulse too, so it could take a while. I'm worried it doesn't come back though

[somac.]

The price will drop until buying morale improves.

This increase in volatility is absolutely the best that could happen. Bitcoins without volatility is either 100% domination or the project being dead.

We are watching healing in process.

you're probably right, but, doesn't make it much easier at the moment.

[BHSMC]

lmao..

when it was 20k, these guys were saying hodllll.

now it is 4.5k, they are still saying hodllll.

so sad.

[somac.]

(Extreme) panic has set in for me without doubt. Wish I’d sold it all at $19,000

Everyone always wishes they sold at the high. I have a target price since I bought in 2013. I won't sell any stash till then and will ride it to zero if I have too. I just don't want too.

lmao..

when it was 20k, these guys were saying hodllll.

now it is 4.5k, they are still saying hodllll.

so sad.

Well dick head, go look at the chart of bitcoin price since it started. those hodlers have done pretty damn well for themselves. 

[Arriemoller]

A link to a big picture of the crest should be in your inbox now.

Going to bed now, thank you for my new cool hat, looking forward to proudly using it.

 

Avatar-sized

 

 and I touched up the scan of the family crest a little

Absolutely beautiful, thank you very much.
And thanks for the cleaning up of the crest, it saved me some boring work.

[jbreher]

would really prefer BULL times
and this BELGIUM beer (i'm not a beer drinker BUT @ desperate times )

Usually a beer with a bull is a beer that is going to fuck you up.

Look out for the bull
Look out for the Schlitz Malt Liquor Bull
Nobody makes
Malt liquor like
Schlitz

[PoolMinor]

go look at the chart of bitcoin price since it started. those hodlers have done pretty damn well for themselves.  

Apparently one must think by hodling they are not selling, therefore did not do well for themselves. Probably shouldn't use a term if you don't know what it means.