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

[Hueristic]

I put a stop loss just below -REDACTED-. No worries boys. I got this.

Congrats.

No congrats until he closes the long in profits.

Don't feed the reckless gamblers

2true but he did say he put a stop in and I'm a reckless gambler.

[d_eddie]

Which site do you use to estimate optimal bitcoin fees?

[realr0ach]

So, even IF any of that would happen it would take many years. I am not worried yet.

Don't forget govt will probably attempt to raise taxes to 90% again in the US (like they were at one time) in order to attempt to fund it's bloated military-welfare budget and zillions of overseas bases as the dollar collapses.

[bitserve]

I put a stop loss just below -REDACTED-. No worries boys. I got this.

Congrats.

No congrats until he closes the long in profits.

Don't feed the reckless gamblers

2true but he did say he put a stop in and I'm a reckless gambler.

I am not sure where he put that stop loss and, anyways, stop losses are not completely foolproof.

Also the price is now trying to push through a resistance so it has a higher chance to retrace even if for attempting a second attempt later.

Don't get me wrong, I am also betting on the price going up. But 80x is another different beast in itself.

[Hueristic]

I put a stop loss just below -REDACTED-. No worries boys. I got this.

Congrats.

No congrats until he closes the long in profits.

Don't feed the reckless gamblers

2true but he did say he put a stop in and I'm a reckless gambler.

I am not sure where he put that stop loss and, anyways, stop losses are not completely foolproof.

Also the price is now trying to push through a resistance so it has a higher chance to retrace even if for attempting a second attempt later.

Don't get me wrong, I am also betting on the price going up. But 80x is another different beast in itself.

Yeah, 80x is fucking nuts!

[nanobtc]

Dollar-cost-averaging/HODL Tax Tip. If you are *not* wheeling and dealing all the time, have a different paper wallet (or hardware, for that matter) for each year. You can limit your tax liability to long-term cap gains, if you only sell what you have held for a year. This applies to USA, may or may not in other places. Different wallets let you absolutely prove that it is older than a year.

[Real_Ramsey]

He is not short, but not long either and acknowledges that he might be wrong in his skepticism.

I think that he is wrong because bitcoin provides a standard/reference point, is apolitical and not 'owned' by a particular government plus could accelerate the commerce in due course.
Being neutral would make it resistant to the moves that he described, unless there is cooperation among G20.
What do you guys think?

Mick Mulvaney (pro-btc frmr congressman) will now become Trump's new chief of staff soon, so we'll be fine. Stairway to heaven coming back soon.

[gentlemand]

He is not short, but not long either and acknowledges that he might be wrong in his skepticism.

I think that he is wrong because bitcoin provides a standard/reference point, is apolitical and not 'owned' by a particular government plus could accelerate the commerce in due course.
Being neutral would make it resistant to the moves that he described, unless there is cooperation among G20.
What do you guys think?

Mick Mulvaney (pro-btc frmr congressman) will now become Trump's new chief of staff soon, so we'll be fine. Stairway to heaven coming back soon.

He'll be fired or in jail by new year's Day.

[xhomerx10]

Back when I was considering BobLawblaw's offer of a beer, I thought it would be a novel idea to use a vanity addresses so I began to search for Bitcoin addresses which would contain beer4me.  Turns out it was going to take days (or weeks) to create one so I shortened it to beer4m and crossed my fingers for a match sooner.  Tonight I went through my list and there were several that contained beer4me but I also found a surprise address:

1ArZLaPgR53CgMCpMz7EBEER4MyMic8ix5

msg: "This is a real Bitcoin address."

sig: "HFu4P/lTpCcDZRAXGhxFHoGsagdl9XD3QZrhhGDM4UWxKNBS4rAOvD6t3iYYvE2Fry3kL2IBIr71ih8E3V0OQTo="

 Just thought that was cool.

[jojo69]

anybody watching the AMFeed?

buys over 1M get an animated background, never noticed it until tonight, I have seen 4 of them so far

[RoomBot]

HAPPY 1st ANNIVERSARY, BTC ATH

We MISS YOU!!! 

[Paashaas]

Global debt reaches all-time high of $184 trillion 

[HairyMaclairy]

[Toxic2040]

Does anyone have a copy of this?  Link appears broken and cant find it in the wild.

https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdf


There is another interesting link in this thread https://bitcointalk.org/index.php?topic=5086100.0  from Delphi Digital.

https://bit.ly/2UQBL95

[STT]

In 1933 FDR declared owning gold (inside the country) as being illegal.

I'd be very curious to see how a move like that would be taken today. Western populations are far more entitled and far less dutiful than that generation.

I'd say similar will happen again, not exactly the same as Gold is just not used now by most people as an asset.   In India they would revolt as its been used for centuries without stop afaik, its feasible there as the government moves to formalise the national economy away from individual states towards a united tax policy.

What is most likely in the West is pension holders, who have received some tax benefits for that holding and are already restricted from access till a certain age.   They will be forced to purchase government debt as their holdings in that pension, its already true that government run pension schemes do this as a counterparty to QE so hiding some of the effects that might occur otherwise.  
However its possible all citizens in a nation could overnight see this action take place on their long term pension, its a fairly giant move but within the feasible reach of government and justifiable in a crisis even perhaps

[cool4y]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

[Totscha]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

The optimist in me sees a chance of us going sideways for a while (months) before we're ready for a real reversal.

The other guy? You don't want to know what he has to say...

[El duderino_]

via Imgflip Meme Generator

Feeling sorry for that cat

[serveria.com]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

The optimist in me sees a chance of us going sideways for a while (months) before we're ready for a real reversal.

The other guy? You don't want to know what he has to say...

Optimist in me says ATH tomorrow, but let's be realistic say February 2019? 

[Cryptotourist]

Hello fellow basket cases.
I've been following this thread for a while now, but this is my first post here.

So basically I'm looking for a bottom. I like bottoms, especially curvy ones