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

[Hueristic]

The odds of a party or the odds of $100k?!

LOL...if btc will be at $100K, a party will happen (99.99% probability in my guesstimate )

but the price within 5 years to reach 100K (max 10%, you stick a knife in my heart)  
when moon, when 100k party, when the dream, etc........... or just eternal hodl

You should not need $100k BTC to get rich from bitcoin.

Of course, $100k will help, but you should be able to get rich by overall prudent investing, dollar cost averaging, as long as BTC continues to do its thing.. even if the upward performance becomes less steep.. let's say in the 10% per year arena  rather than the 60% to 100% arena... (yes, I understand ways of calculating can vary), but my point is that you should not need $100k to get rich.  That is 25x from todays price, which certainly is not guaranteed, even if it has decent chances, counting on it seems both fiscally and psychologically irresponsible.  (like gambling with what should be an investment)..

MAN its about the achievement
The party is to celebrate the amazing shit it it would go 6-digit not about rich

And THIS is the reason I like you! IOU  +sM

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[Paashaas]

Below is a list of some of the biggest names in Bitcoin and crypto and that they think about the impending growth.

    Wences Casares – $1 mln (by 2027)

    Chamath Palihapitiya – $1 mln(by 2037)

    John McAfee – $500,000 (by 2020)

    Jeremy Liew – $500,000 (by 2030)

    Mark Yusko – $400,000 (no date)

    Roger Ver – $250,000 (no date) Never trust this scammer!

    Kay Van-Petersen – $100,000 (by 2027)

    Tom Lee – $91,000 (by 2020)

    Tai Lopez – $60,000 (mid-term)

    Ronnie Moas – $50,000 (2020)

    Thomas Glucksmann – $50,000 (2018)  

    Ran Neuner – $50,000 (end of 2018)  

    Masterluc – $40,000 to $110,000 (by 2019)

    Mike Novogratz – $40,000 (by the end of 2018)  

    Trace Mayer – $27,395 (by Feb 2018)

    Winklevoss Twins – $5 tln market cap (by 2028 – 2038)


  The first merit was too hard for me. If possible please give me an incentive to continue the journey conquering merit. I sincerely thank you

I go for Masterluc and Tom Lee short term forecasts.

[jbreher]

Jeebus - this place is weird today. Who cracked open the valve on that tank of nitrous?

[JayJuanGee]

Special thanks to PoolMinor for compiling this list.

After much thought, in the spirit of fulfilling my promise, and to spite all the haters, I am offering to send 0.000777 BTC (to anyone within 20 pages of my boastful post @ https://bitcointalk.org/index.php?topic=178336.msg30630119#msg30630119 - the below compiled list) if you PM me with a BTC address.

I'm glad to see my name in this list of virtual beer mates.

Drink it yourself (enjoy in moderation, that's probably too much beer for just a couple guys). With a toast to her maybe. You'll still owe me one at the party: tropical island, Vegas, whatever... though the suggestion of renting George Martin's place really resonated with me.  

My sincere hope is that this shuts up JJG, and I get to knock him the fuck out at the $100k party.

Shutting him up? Are you serious? Hopeless task.  

About hopeless tasks: he's not that bad though. He defended you fiercely with the cockroach, before of course denying he did (in under 100 words! What a phony denial.)

(No homo) A makeup kiss would be great (hint hint).

Seems like we did this already:

[Last of the V8s]

Jeebus - this place is weird today. Who cracked open the valve on that tank of nitrous?

We're not weird we're special.
Visionaries.
Special Visionaries.

[JayJuanGee]

Looks like we're going to hit $4,100

Yep then drop

I'm hoping for a slightly higher range, like 4.2-4.3 possibly 4.5k even.
But you know her - gotta be a joker, she just do what she please.

A quote from the Boatles (seasteading before its time), or were they called the Roaches or something...?

Earlier, member Your Mother was suggesting that 2x spikes were common, but I am quite skeptical of such assertions, that would imply like a $7k+ range.

On the other hand, I would not mind a compromise spike to $5,500...   Can that [reasonably] happen sometime soon?

[xhomerx10]

Am I the only bastard who's drinking bob's beer? All you guys refuse his free beer offer. Are you guys trying to make me feel bad? Should I feel bad? :p

 I prefer to drink alone and really didnt want a beer... just wanted to meet Bob.

Perhaps you are opting for the blow job?  instead of the beer?   

 No, I wasn't interested in the blowjob either.  Maybe a coffee.  I don't like large gatherings - they make me uncomfortable - but I'm otherwise quite sociable and friendly.

[empowering]

In my opinion, there are very major fuck-ups on the horizon.

The Interest rate hikes will blow up everything. The whole system will collapse. Banks won't be able to provide cash. People will lose all their savings in banks.

If they don't raise the rates, It will be hyperinflation then. The whole system will collapse anyway. This time asset prices will do full moon. GOLD= $10k. A loaf of potato = $50. People will die of starvation.

They can't pick their poison.

Banks will go poof!. People will panic. People will seek a mobile asset which they can spend easily which is also a store of value. That's not gold because it is not mobile.

We all know what it is.

BTC will be $100k, maybe even $250k but it will also bring a world war along with it. Then partying in Amsterdam won't look like a bright idea.  

https://www.bloomberg.com/opinion/articles/2018-12-03/u-s-yield-curve-just-inverted-that-s-huge
https://twitter.com/charliebilello/status/1069947580925255682
To a man with a bearish outlook, every yield curve inversion looks like an imminent recession. Anything could happen, of course, but yield curve is a long leading indicator, often takes time before recession begins. (avg lead time since 1956: 14 months using 10-yr & 1-yr).



I said that^

Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.

I mean that QE stimulus buying of the bonds and propping up the demand is keeping the price of the bonds up and stimulating demand, but is also keeping the yield low.

I mean that they are effectively borrowing from peter to pay paul.

I mean that the current situation is not sustainable in its current state, not in the US,  not in Japan, UK, Canada, not in Eurozone at large but especially Portugal, Italy, France, Spain, Greece, and also as it goes not in China it seems either.

I mean that propping up the markets and the bond markets cannot go on forever.

 However I also mean removing the stimulus will increase the supply of bonds on the open market, and due to less buying at real levels, and increased supply there will be less demand and the prices will fall, which will  lead to the yields on the treasuires having to increase to entice demand, and they can only go so high for so long and be "sustainable" for a government, once you get over 7% you are on rocky ground. Conversley the higher the demand for the bond on the open market, the higher the price of the bond, and the lower the effective yield is.

 I also mean that low interest rate cheap easy money cannot go on for ever, and weaning the system off of this meddling will have consequences.

I mean that the debt is out of control, and "printing" out of it has never worked out that well for any country.

I mean that the underlying base of our monetary system is flawed.

I mean that as is the nature of the beast there are cycles, and we are due a down cycle, and I do not think the piper has yet been paid for the past 20 years worth of recklessness.

I mean that eventually the music always stops, as it always does, and people rush to perceived safety...there is a risk people see US bonds (Jpy Bonds etc) are more risky than in the past (safer than many things still though, for now at least) there is a risk that they are just less attractive to investors.

I mean that investors and nations might already be holding too much US denominated debt...and be having their own problems.

I mean we are not alone on this world and our economies are all interlinked, and that the games being played which are systemic, will have systemic consequences when it goes wrong.

I mean that a nation will eventually if they keep playing this game without addressing the underlying problems, default, when there is not enough money to take from peter to give to paul. (maybe that is the whole idea)

I mean that things go wrong (or maybe even right as the case may prove to be)

I mean that perpetual debt growth in the manner we have seen in the west in the past 20-30 years is insane.

I mean that confidence in the current system is in question.  

I mean we are being played like violins...

I mean that these games invariably lead to consequences for the average joe, no matter how they pan out, be it crash or contraction.

I mean that either the problems need to be addressed, and therefore some has given, or the consequences will have to be paid, which will also mean something has given, or they need to change all of the rules...and the system itself which again means something has given.

I mean there will need to be changes... because the situation cannot carry on in this manner, and there will likely be some pain no matter how it goes down.

I mean there is time and there is timing... but there is also kicking the can down the road, in the face of total uncertainty on how to resolve the issues at hand... they are not in a hurry, and therefore are likely to not do anything that soon.. meanwhile people and other countires grow impatient and have designs of their own. Maybe forced evolution will be the answer.

I mean..  

The universe is racing towards heat death.


 

Still on track then

[HairyMaclairy]

No news is no news

[Paashaas]

Lamestream media reporting ''Death Spiral''?

Nothing but FUD.

[JayJuanGee]

Of course, the rules for student loans, including eligibility and interest rates vary with time, but generally speaking there is a certain level of publicly subsidized loans that do not bear interest until after graduating or other qualifying conditions.

Piggybacking on this discussion...

Currently, 9.1% of student loans are delinquent by 90 days or more. This is an 'asset class' (to the makers) of over $1.6Trillion. Size of junk mortgages in 2007? About $1T.

Ponderate upon this: what happens when those bad student loans go totally tits-up? <mr_rogers_voice>Can you say financial crisis? Sure. I knew you could.</mr_rogers_voice>

I would not get too preoccupied with blaming benefits that go to more regular people as compared to bank bailouts and bullshit like that.  Social benefits remain in a drop in the bucket, and certainly student loans are an empowering tool for those who believe that education is a worthy social benefit, as compared with bailing out bank fat cats, which seems to be a worse use of government money... but whatever, we are devolving a bit off topic in terms of whether government can serve various useful purposes in terms of setting infrastructure that helps to empower individuals who are also willing to contribute to society, too.  Of course, also with student loans, there are questions of privatization and also whether loans should be the vehicle to establish education, so the problem is not so simple as to suggest that loans by themselves are "the issue" to focus upon.

[JimboToronto]

Misspent well lived youth life

You're never too old to misspend your youth.

[sirazimuth]

..... Who cracked open the valve on that tank of nitrous?

A tank of nitrous?...Don’t I wish....
hmmmm....now you got me tempted to go raid the whipped cream aisle at Market Basket...


No ...I’ve never done that..honest....

[El duderino_]

Am I the only bastard who's drinking bob's beer? All you guys refuse his free beer offer. Are you guys trying to make me feel bad? Should I feel bad? :p

 I prefer to drink alone and really didnt want a beer... just wanted to meet Bob.

Perhaps you are opting for the blow job?  instead of the beer?   

 No, I wasn't interested in the blowjob either.  Maybe a coffee.  I don't like large gatherings - they make me uncomfortable - but I'm otherwise quite sociable and friendly.

that's been proven already

[JayJuanGee]

Below is a list of some of the biggest names in Bitcoin and crypto and that they think about the impending growth.

https://u.today/bitcoin-price-prediction-in-20202025-how-much-will-bitcoin-be-worth

Oh come on... cut the noob some slack, will ya?

You should not get slack for plagiarism...   

[JayJuanGee]

That's hilarious that any guy would wear that.

[Last of the V8s]

https://twitter.com/Cryptanzee/status/1069968859598389250
micgoosens did you do this?
looks like the sort of thing you'd do.

[El duderino_]

That's hilarious that any guy would wear that.

i wouldn't give a F*** of wearing that, just for fun only i would do it

[Hueristic]

You haven't visited belgium too often i guess

Or walked into a bar in Dress Blues.

/Bad OpSec

Dental implants don’t come cheap man
I want a full set of porcelain veneer’s as white as my butt. Going to go to Turkey for them next summer

Mine broke last week eating cheetohs!
I guess they were not high enough quality, I will have a discussion with the dentist next month.

Am I the only bastard who's drinking bob's beer? All you guys refuse his free beer offer. Are you guys trying to make me feel bad? Should I feel bad? :p

 I prefer to drink alone and really didnt want a beer... just wanted to meet Bob.

how could a guy like you wanna drink alone...... when there would be a party "100K " you are the official theme creator i guess? nobody can create and have the ideas like you have.

I drink a dram or two on my own from time to time.

Not only do I not drink alone, I actually pour out my drink if the last person left. I'll never be a Alchy luckily even though I love to get smashed when i do drink.

Below is a list of some of the biggest names in Bitcoin and crypto and that they think about the impending growth.

https://u.today/bitcoin-price-prediction-in-20202025-how-much-will-bitcoin-be-worth

Oh come on... cut the noob some slack, will ya?

You should not get slack for plagiarism...   

Not when the web is full of bots to use.

[El duderino_]

https://twitter.com/Cryptanzee/status/1069968859598389250
micgoosens did you do this?
looks like the sort of thing you'd do.

haha lol nice video

show us that 100K