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

[kurious]

I'll be honest. I want the best of both worlds. Does "true love" really rule out any strictly dick-only fling once in a while?

In the words of Jack Breil:

Bien sûr tu pris quelques amants
Il fallait bien passer le temps
Il faut bien que le corps exulte

Said by a guy who obviously still loves her madly.

Merited for quoting Jacques Brel, classy.

I will overlook the misspelling of great man's name

[Ibian]

Every cutting edge of any discipline or art and then some that haven't been conceived of yet. If the (by now almost blatantly obvious) prospect of fully immersive virtual realities doesn't tickle your fancy I don't know what will. The first baby steps have been taken (memory manipulation, trolling the brain, controlling shit with your brain), the rest is a question of time. Space travel is around the corner as well.

And for whoever is lucky enough to hit the threshold for longevity they'll be in for quite a wild ride, be it in VR or by just watching the universe change on very large time scales.

If you're bored or lacking wonder you're not looking.

Sword Art Online is fantasy. Even a real version would be just that, another game. Also look up TFM on youtube. No more hints.

Life extending technology will come, but not within the next hundred years. Sorry.

Where is the third?

"Every cutting edge of any discipline or art" is a number so large that we'd spend at least numerous days creating a list.
If you go down a single path long enough you eventually realize that there is absolutely no end in sight to any endeavour that a human could possibly pursue. Quite on the contrary, the more you find the more potential questions you inevitably create.
It doesn't stop here either, the rate at which you create new information (and henceforth objects and experiences) accelerates indefinitely. Hence, a literally infinite amount of potential new discoveries waits anywhere you decide to focus on.


The remainder of my post was just an example which you grossly underestimated. By the time we have that level of VR we'll also be able to process much larger amounts of information and hence be capable of creating an abundance of worlds that humans are incapable of conceiving of today.

Whether or not you choose to call that "just another game" is up to you, but life is virtually indistinguishable from games beyond the fact that you're dumped into this world as opposed to going through a character creation menu or just jumping straight into the game.
And even that is questionable, as even the mere prospect of creating such virtual worlds while also being capable of manipulation memories begs the question: Have we chosen to play the game that we call life and willfully removed any trace of doing so to increase immersion or otherwise alter the experience?

Quit stalling and name one more thing mister no-goals-in-life.

There is no stalling taking place from my side. If you're still not getting the point you're either not trying or trolling.

In either case, you're the problem if you're not satisfied with life as it is. Weren't right-wingers supposed to be all about taking responsibility of one's own life? How come then that you're avoiding the obvious limitless amounts of knowledge and experiences that life offers virtually everywhere?

Not sure what the fuck "mister no goals in life" is supposed to mean here either. By the sounds of it you have resigned from life before you even started.


Edit:

In case you're literally retarded and not just baiting though, let me spell it out. You take a random discipline, say Physics. Now you look at recent papers. Voila, you've got a horizon beyond which there's undiscovered possibilities. Rinse and repeat by replacing Physics with literally anything else. And a 4th one for good measure: Crypto. Still shaping up. Or did your 8ball tell you what is going to happen to the tee?


Edit2:

You missed space travel from my original post. Which put us at three to begin with and thus suggests that you're not even reading the posts.

Hence, you're a Roach level troll who starts shit, keeps baiting and who is not worth anyone's time. Prove me wrong or fuck off to ignore. Cheers.

Okay so your goal in life is to play sword art online the actual real game where you can i guess play all sorts of instruments that don't and couldn't exist in real life when you are five hundred years old.

Alrighty then.

Edit: While in space.

[yefi]

What I am not sure is what the exact problem that would inevitably lead in a collapse of epic proportions is. Economic collapse? Inmigration? Something else?

I can see factors and cycles, yeah, but I still don't see that "perfect storm" you are talking about.

I'd probably look at a chart of population growth.



If that were bitcoin, how do you think the chart would resolve itself? A nice, steady slope back to linear growth, or a rip-your-pants-off crash?

And sure, things may get better eventually, but I don't much fancy the experience of billions of people dying in the interlude.

[Hueristic]

SOMA? I think d_eddie owns that trademark. Straight Outta My Ass or somesuch.

Copywrite infringement is my trademark! 

An alternative would be if we stayed around this range for a couple of months, maybe even some more.... that would probably signal this as the true bottom.

What do you guys think about that? Plausible?

Honestly I thought that about $6500.

[Ibian]

What I am not sure is what the exact problem that would inevitably lead in a collapse of epic proportions is. Economic collapse? Inmigration? Something else?

I can see factors and cycles, yeah, but I still don't see that "perfect storm" you are talking about.

I'd probably look at a chart of population growth.



If that were bitcoin, how do you think the chart would resolve itself? A nice, steady slope back to linear growth, or a rip-your-pants-off crash?

And sure, things may get better eventually, but I don't much fancy the experience of billions of people dying in the interlude.

Supposedly we can feed, uh what is it, nine billion people? That means we won't stop there. We will keep going to ten or more likely eleven. And then two billion people will die, after we completely empty the oceans. In theory.

[BTCMILLIONAIRE]

Okay so your goal in life is to play sword art online the actual real game where you can i guess play all sorts of instruments that don't and couldn't exist in real life when you are five hundred years old.

Alrighty then.

Illiterate, retarded, or shadow of Roach. In either case, since you ask shit and don't put in the effort of digesting a response I'll treat you the way you ask to be treated. By putting you on ignore.

P.S. The way you get hung up over some shitty anime (which you brought up) seems pretty unhealthy. If VR = SAO to you you're even more narrow-minded than I ever could've given you credit for. You didn't strike me as a neckbeard retard before, but damn do things change quickly around Bitcorn. Good luck in life kid.

[Last of the V8s]

Maybe a bit harsh on bitserve, but I'm sick to death of people who stand to become aristocrats of the new world still thinking it will be a socialist utopia. It will be feudal-capitalist because bitcoin.

Not sure if you are mocking me, jojo, or both.... But that shit is fucking hilarious!

not him, no. and you laugh it off at your peril. bitcoin will have your pinko notions for breakfast.

[Kylapoiss]

[jojo69]

These Bitcorn prices aren't making any sense.

I'm starting to get the fear.

Fuck.

Not good.

Not good at all.

whip up one of your special loads Bob, you'll feel better

[Ibian]

Every cutting edge of any discipline or art and then some that haven't been conceived of yet. If the (by now almost blatantly obvious) prospect of fully immersive virtual realities doesn't tickle your fancy I don't know what will. The first baby steps have been taken (memory manipulation, trolling the brain, controlling shit with your brain), the rest is a question of time. Space travel is around the corner as well.

And for whoever is lucky enough to hit the threshold for longevity they'll be in for quite a wild ride, be it in VR or by just watching the universe change on very large time scales.

If you're bored or lacking wonder you're not looking.

Sword Art Online is fantasy. Even a real version would be just that, another game. Also look up TFM on youtube. No more hints.

Life extending technology will come, but not within the next hundred years. Sorry.

Where is the third?

"Every cutting edge of any discipline or art" is a number so large that we'd spend at least numerous days creating a list.
If you go down a single path long enough you eventually realize that there is absolutely no end in sight to any endeavour that a human could possibly pursue. Quite on the contrary, the more you find the more potential questions you inevitably create.
It doesn't stop here either, the rate at which you create new information (and henceforth objects and experiences) accelerates indefinitely. Hence, a literally infinite amount of potential new discoveries waits anywhere you decide to focus on.


The remainder of my post was just an example which you grossly underestimated. By the time we have that level of VR we'll also be able to process much larger amounts of information and hence be capable of creating an abundance of worlds that humans are incapable of conceiving of today.

Whether or not you choose to call that "just another game" is up to you, but life is virtually indistinguishable from games beyond the fact that you're dumped into this world as opposed to going through a character creation menu or just jumping straight into the game.
And even that is questionable, as even the mere prospect of creating such virtual worlds while also being capable of manipulation memories begs the question: Have we chosen to play the game that we call life and willfully removed any trace of doing so to increase immersion or otherwise alter the experience?

Quit stalling and name one more thing mister no-goals-in-life.

There is no stalling taking place from my side. If you're still not getting the point you're either not trying or trolling.

In either case, you're the problem if you're not satisfied with life as it is. Weren't right-wingers supposed to be all about taking responsibility of one's own life? How come then that you're avoiding the obvious limitless amounts of knowledge and experiences that life offers virtually everywhere?

Not sure what the fuck "mister no goals in life" is supposed to mean here either. By the sounds of it you have resigned from life before you even started.


Edit:

In case you're literally retarded and not just baiting though, let me spell it out. You take a random discipline, say Physics. Now you look at recent papers. Voila, you've got a horizon beyond which there's undiscovered possibilities. Rinse and repeat by replacing Physics with literally anything else. And a 4th one for good measure: Crypto. Still shaping up. Or did your 8ball tell you what is going to happen to the tee?


Edit2:

You missed space travel from my original post. Which put us at three to begin with and thus suggests that you're not even reading the posts.

Hence, you're a Roach level troll who starts shit, keeps baiting and who is not worth anyone's time. Prove me wrong or fuck off to ignore. Cheers.

Okay so your goal in life is to play sword art online the actual real game where you can i guess play all sorts of instruments that don't and couldn't exist in real life when you are five hundred years old.

Alrighty then.

Illiterate, retarded, or shadow of Roach. In either case, since you ask shit and don't put in the effort of digesting a response I'll treat you the way you ask to be treated. By putting you on ignore.

P.S. The way you get hung up over some shitty anime seems pretty unhealthy. Good luck in life kid.

Point is, you have not named one thing that has real world utility. As in, furthering the specie. Just stuff that would personally amuse you.

[d_eddie]

I will overlook the misspelling of great man's name

I misspelt the name on purpose, though I'm not sure what the purpose was anymore.
Thank you

EDIT I guess I was just trying to be humorous on the wrong day.

[wayna]

We have some turbolence on prices.

It seems a good moment to buy but... not all in yet

[BTCMILLIONAIRE]

These Bitcorn prices aren't making any sense.

I'm starting to get the fear.

Fuck.

Not good.

Not good at all.

No need to get worried until <2k. So far we're just repeating the same old same old.

[Raja_MBZ]

Whale alert! Someone moved 66,233 BTC ($253M) in block 552,421:

https://www.blockchain.com/btc/tx/97cbff8fa0339d5ec03c030f8377643933b6aebb20199d41daeab2776716db85

Address: 1EBHA1ckUWzNKN7BMfDwGTx6GKEbADUozX

Seems like an old hodler moving his bitcorns.

[JayJuanGee]

If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

Nothing in this world allows you the increase your financial stability, your profits and your social status like borrowing a hella amount of money.

Though of course you must be smart about what you do with the investments.

I just borrowed 250k€, that's about 7 years of salary for me. The interests are basically 0 if you take inflation into consideration so that's basically just me borrowing to my future self to increase my current income ^^

If I could borrow 4M€ I would

What is your timeline on paying back the loan?   

So your wager would be that bitcoin is going to perform better than your loan for the term of the loan or at least not perform so bad that you are not able to pay back the loan at the end of the term.


It does not sound like a great idea, but if you are buying BTC now (with the proceeds of a loan), then it seems better than buying at higher prices - even $6k or $10k or $17k... But still risky.

[JayJuanGee]

Banks in general have always made the most of their profit by interest on lending. Before the crisis, they started giving mortgages to everyone and their mother without any due diligence.... then the defaults came so instead of profit for every mortgage they got loses. Now they are way more careful on lending money, which basically means they are not "selling" their main product. The future looks dark for them.

I remember the time (before the nineties) when if someone wanted a home he had to pay upfront a good amount to the builder, and then go on paying monthly way before the house was even finished building. No mortages bullshit. Banks were not such a big deal. HOusing prices were low as shit.

All the fucking problem of the last decades has been because of lending money to the plebs. That made them think they were "rich" when they weren't. And banks "banked" like bandits on that stupid feeling.

If you borrow money because you don't have it, then you will always stay poor. Only borrow money when you are leveraging for a biggest (safe) return. If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

When I was a student I invested large parts of my student loan, but my professional path has been more or less laid out thanks to long planning (knew before 18 that I wanted to be able to retire around 30-40) so I knew in what proportion I could put loans at stake without destroying myself in any worst case scenario. I made sure to have exceptional grades in a highly sought after field though, so the probability of me failing along the way were virtually negligible and the cost of default was zero (e.g. no job = exemption from repaying the loan without any downsides on my part). In that situation not taking the risk and potentially fixing an error of judgement down the path would've been irrational.

I've seen other plebs do the same (with non-student loans) from a much worse starting position implode though, so you're certainly right. Most people don't know how to manage risk and just go a path of blind faith and there are tons of predatory types just waiting to prey on them.

Either way, the banks are just filling a niche. The real problem are all the idiots who are waiting for the stars to magically align instead of taking their life into their own hands. And the absolute worst are the very same idiots who channel their energy into nagging governments to bend them backwards by legalizing a billion fucking pronouns for idiots who can't just be honest and say that they either always or sometimes prefer dick. Like a bunch of toddlers telling on their siblings instead of learning how not to be a helpless retard.

I did a similar thing regarding investing some of my student loans.

In fact, I have made such attempts all of my life, since graduating from highschool and not having much of a salary.  I pretty much took at least 10% of my post highschool income and I made investments with it.  Some of them were not the best of investments (especially because my inclination has always been relatively low rish because i wanted to have a certain confidence that my return was going to be greater than my borrowing costs), but the practice has always been kinds of dollar cost averaging attempts.

I did not go to college right after high school, but instead started college several years after finishing high school, but I considered the student loan money to be interest free ability to attempt to get returns on "free money" and to build up my nest egg of investment money.. continuing little by little.. and really taking a large number of years to accomplish such building up of decent amounts.

[realr0ach]

you've got a horizon beyond which there's undiscovered possibilities. Rinse and repeat by replacing Physics with literally anything else. And a 4th one for good measure: Crypto. Still shaping up. Or did your 8ball tell you what is going to happen to the tee?

Hence, you're a Roach level troll who starts shit

The only trolls are people who claim it's possible to create a decentralized digital currency when it's not.  If it actually was possible, one of you scamming, lying faggots would be able to explain:

1)  How you prevent transaction validators from centralizing, but you can't.

2)  Just how many transaction validators you need to be "decentralized" or have anything remotely resembling a Nash Equilibrium.

3)  Does arbitrarily setting transaction validators to a fixed number, Dan Larimer style, do anything to help this problem?  Why?  Why not?

4)  Explain why r0ach is right or wrong when he says the only possible way to create a decentralized digital currency is using unprofitable PoW where everyone processes their own transactions like email PoW or IOTA-like systems, but said systems require artificial convergence and are thus unworkable and you're back to square one of decentralized digital currency being impossible.

Once you've figured out creating an actual decentralized digital currency is impossible, the only path from there is looking at Dan Larimer, DPOS-like systems and deciding if they're better than nothing.  Then decide if Larimer-like systems are useful at all compared to physical metals, and the answer is going to be a resounding no from any type of logical mind judging fundamentals.

[PoolMinor]

Well, I'll admit I don't know much about Google Trends. But it certainly looks like my claim is indeed correct. Remove superfluous qualifier from the query string:

https://trends.google.com/trends/explore?q=Bitcoin%20SV

...and the value is 100.

More germane - even if it were 29, you are still making my point for me.

The value is 100, meaning it has not been more searched for in the past than it has during its history. It is not a 100 comparing it to "bitcoin" or another keyword.

Comparing it to the word "hat", it does not fare well; hat=87 and Bitcoin SV=1







The coindesk article was suggesting that since the searches for the term "bitcoin' had been going up recently that it was a bullish signal, yet it seems that they also may have a poor understanding of google trends.

[BTCMILLIONAIRE]

Banks in general have always made the most of their profit by interest on lending. Before the crisis, they started giving mortgages to everyone and their mother without any due diligence.... then the defaults came so instead of profit for every mortgage they got loses. Now they are way more careful on lending money, which basically means they are not "selling" their main product. The future looks dark for them.

I remember the time (before the nineties) when if someone wanted a home he had to pay upfront a good amount to the builder, and then go on paying monthly way before the house was even finished building. No mortages bullshit. Banks were not such a big deal. HOusing prices were low as shit.

All the fucking problem of the last decades has been because of lending money to the plebs. That made them think they were "rich" when they weren't. And banks "banked" like bandits on that stupid feeling.

If you borrow money because you don't have it, then you will always stay poor. Only borrow money when you are leveraging for a biggest (safe) return. If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

When I was a student I invested large parts of my student loan, but my professional path has been more or less laid out thanks to long planning (knew before 18 that I wanted to be able to retire around 30-40) so I knew in what proportion I could put loans at stake without destroying myself in any worst case scenario. I made sure to have exceptional grades in a highly sought after field though, so the probability of me failing along the way were virtually negligible and the cost of default was zero (e.g. no job = exemption from repaying the loan without any downsides on my part). In that situation not taking the risk and potentially fixing an error of judgement down the path would've been irrational.

I've seen other plebs do the same (with non-student loans) from a much worse starting position implode though, so you're certainly right. Most people don't know how to manage risk and just go a path of blind faith and there are tons of predatory types just waiting to prey on them.

Either way, the banks are just filling a niche. The real problem are all the idiots who are waiting for the stars to magically align instead of taking their life into their own hands. And the absolute worst are the very same idiots who channel their energy into nagging governments to bend them backwards by legalizing a billion fucking pronouns for idiots who can't just be honest and say that they either always or sometimes prefer dick. Like a bunch of toddlers telling on their siblings instead of learning how not to be a helpless retard.

I did a similar thing regarding investing some of my student loans.

In fact, I have made such attempts all of my life, since graduating from highschool and not having much of a salary.  I pretty much took at least 10% of my post highschool income and I made investments with it.  Some of them were not the best of investments (especially because my inclination has always been relatively low rish because i wanted to have a certain confidence that my return was going to be greater than my borrowing costs), but the practice has always been kinds of dollar cost averaging attempts.

I did not go to college right after high school, but instead started college several years after finishing high school, but I considered the student loan money to be interest free ability to attempt to get returns on "free money" and to build up my nest egg of investment money.. continuing little by little.. and really taking a large number of years to accomplish such building up of decent amounts.

Yeah it makes a lot of sense depending on the rules of the student loans available. The biggest plus for me wasn't the low interest rate, but the fact that there's no issue with defaulting. Hence, I didn't have to worry if I didn't find a job right away or decided to change paths.
I'm actually surprised that investing parts of student loans (where plausible) isn't the norm. You're usually going to spend the money anyways, if not on investments then on booze or whatever floats your boat.

Not sure how sensible that would be in the US, as I've seen some outrageous interest rates and conditions over there. But given the amount of states and their own individual fuckery there could well be some reasonable student loans that basically beg for arbitrage.

[BTCMILLIONAIRE]

If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

Nothing in this world allows you the increase your financial stability, your profits and your social status like borrowing a hella amount of money.

Though of course you must be smart about what you do with the investments.

I just borrowed 250k€, that's about 7 years of salary for me. The interests are basically 0 if you take inflation into consideration so that's basically just me borrowing to my future self to increase my current income ^^

If I could borrow 4M€ I would

What is your timeline on paying back the loan?   

So your wager would be that bitcoin is going to perform better than your loan for the term of the loan or at least not perform so bad that you are not able to pay back the loan at the end of the term.


It does not sound like a great idea, but if you are buying BTC now (with the proceeds of a loan), then it seems better than buying at higher prices - even $6k or $10k or $17k... But still risky.

I wouldn't take up any type of private loan if I didn't know that I could pay it off even if I burnt through the whole amount. With government backed loans I couldn't care much less if I fucked up since nobody would get harmed by my actions.