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

[HairyMaclairy]

Nasdaq to launch futures in first half of 2019. No clarification whether cash or physically settled.

https://cointelegraph.com/news/confirmed-nasdaqs-bitcoin-futures-will-launch-in-first-half-of-2019/amp

[BTCMILLIONAIRE]

Statistically speaking you probably still drink more than me. I prefer the herb. Whisky I mostly enjoy for exploring what the fuck is going on with taste buds.

Hmmm, @BTCMILLIONAIRE...

"Whisky" spelled without an E.
BTC fan.

Are you the originator of the term 'hodl'?  Does your GF go to gay bars? Do the words "pit pat piffy wing wong" mean anything to you?

Just curious.

Whisky is spelt whisky where whisky came from. The fucking Irish and Murricans changed it to Whiskey for marketing reasons. I wish I came up with hodl, but I did use the phrase 'clam down' well before that. What do I win?


P.S. Will respond to JJG later. Too drunk for so many words right now.

[JimboToronto]

Does your GF go to gay bars? Do the words "pit pat piffy wing wong" mean anything to you?

How can anyone forget? A post for the ages.

Seems like just yesterday.

[realr0ach]

BTC will replace fiat. Alts will become modern equity.

Pandemic of airborne down syndrome in this thread.  You have complete shit for brains pump and dump scammers not only claiming bitcoin has a 0% chance of failure now, but both a 0% chance of failure and *guaranteed* to become the world reserve currency HAHAHA.  It's not even possible to create a decentralized digital currency in the first place (transaction validators are always designed to centralize), so it already went to $20k on zero fundamentals like some type of dotcom bubble pump and dump scam.  

The odds of it becoming the world reserve currency on zero fundamentals besides temporary regulatory arbitrage is a joke.  It has non-existent fundamentals vs physical metals.  Shitcoins aren't even fungible so don't qualify as money in the first place, nor is it possible to create a fungible one even if you tumble them because you have central bankers posing under the pseudonym "developer" constantly trying to alter the protocol just like fiat central bankers.  

Money does not transform at random from one thing to another due to some basement nerd pretending to be god trying to impose his will on others.  If it does, it's not money.  It's just a centrally administered system of control.

[Torque]

Whisky I mostly enjoy for exploring what the fuck is going on with taste buds.

Anything in particular that you'd recommend? I'd like to up my whiskey tasting game a bit.

Depends what you're into.

I'm quite fond of Caol Ila 12/18 which is peaty, but not as much as Laphroaig, and with a buttery/oily mouth feel that I quite appreciate.

My favourite whisky (so far with my limited experience) would be a Glenmorangie Signet though, which is quite sweet and actually has easily discernible notes of toffee, chocolate and less obvious coffee that you don't normally find in whisky.

As far as non-scotch goes, Japanese whiskies that I enjoyed were any Hibiki, Yamazaki, and Nikka Coffey Grain. They're much tamer than scotch, but interesting drinks nonetheless.

Thanks for the recommendations!

Haven't really played with American whiskies yet, but Maker's Mark is quite nice and very cheap.

Russel's Reserve Single Barrel Rye is a good one. And then there's options like Woodford Reserve and Wild Turkey 101... American staples that are quite nice.

Not into the really peaty stuff for whiskey, I like something in between with a hint of sweetness. Although I'm not much of a drinker anymore, had to give up weekly drinking about 5 years ago. Now I just like to taste something good and pure now and then, especially around the holidays.

[JayJuanGee]

logistics should be within your baliwick, not mine...

Logistics initiated.

93.337519% of the time you make no sense.

2.865001% of the time you make decent sense

and whatever remains, nearly 4% of the time, you make a little sense.   

[realr0ach]

https://dailystormer.name/south-africa-owners-of-first-black-bank-just-stole-all-the-money-lol/

[yefi]

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.

Crowd mentality is sincerely one of the scariest things I've ever experienced. Makes you feel like the young Samba in a stampede of wildebeest.

[JayJuanGee]

I'm starting to wonder if JJG is gonna PM me a BTC address for a beer, after all that...  

Are you talking to me?  

You come off as such a publicity pussy who largely wants to engage in exaggeration drama?

and try to blame me for your phoney baloney.  

In other words, my name is blawb, and "I need some attention."

[Biodom]

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.

[mikeywith]

2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.

[dogebearman]

Mark Yusko, CEO of Morgan Creek Capital Management, LLC bullish on BTC:
"If you buy in today, I don’t think you would have to wait a long time to make a nice return…Over a decade, I think you can make 20-times plus your money."

https://twitter.com/CNBCFastMoney/status/1067544893533368320/video/1

[PoolMinor]

I'm starting to wonder if JJG is gonna PM me a BTC address for a beer, after all that... 

I am more curious if that buggy guy is going to ask for a beverage. Afraid to mention it by name. #Betelgeuse.

[BotanicKilt]

[HI-TEC99]

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.

There's a lot of negative predictions and news stories about Bitcoin around. IMO it's bullish and indicates we are close to the bottom.

[Majormax]

2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.

I dont see support at 2900.  But certainly above 1000.  At 3 digits, BTC is failing as a project. Possible but unlikely.

I would estimate that $1500 needs to hold, and I expect it to do so, some time in late 2019.

[Biodom]

Man, that's ancient history already.

[cAPSLOCK]

Well, should probably go without saying, I rescind my offer of throwing a $100k party, if/when the milestone is achieved. If I've fucked up an intended good-faith beer offering in this thread so badly due to bad planning/foresight on my part or whatever, I have no business pondering more grandiose "events". Not to mention the considerable scorn I have accrued, bearing down upon me, is beginning to weigh heavily on me.

All my calls have turned out to be contrarian, looking back through the lens of retrospection.

I offer nothing of value to this thread.

I should just delete this account and get on with life in meatspace...

I am looking for the unmerited button!  Do not go.  You are one of the sensible ones!

[Majormax]

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.

There's a lot of negative predictions and news stories about Bitcoin around. IMO it's bullish and indicates we are close to the bottom.

There are also a lot of positive sentiments as well, so the bottom could be temporary.

This bear market needs a lot more time to play out (rather than price pronouncements)

[Last of the V8s]

Fine. No, that's great. At least we know now. Not a crypto-winter but a crypto ice age.
Couldn't be better really. Yay.