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

[rebal15]

That guy speaks with English as like a 6th language.  How the fuck are we going to be the same guy?  Do you really think I'm making a bunch of extra accounts and speaking in Chinglish on purpose?

tu n'a pas à les convaincre, ils ont rien à tu dire à part des conneries pour essayer de te faire taire.
Ils n'ont pas assez de capacités pour faire la distinction.

[PoolMinor]

Personally, I think that the odds are pretty decent (more than 50/50) that BTC prices will be higher than currently at the end of 2019.  Dip into the $1,000s probably less than 40% chance, but still a meaningful chance.... I am kind of shooting out of my ass here.

By the way, end of 2020, things are looking much better, so these are certainly decent prices to be figuring out various BTC entrance strategies, including making sure that you have enough, just in case the bottom is already in.

Another merit-able post. Geez, I am glad I took you off of ignore; You are starting to make sense again.

I will have to agree, buy now and accumulate before September 30 2019

[Phil_S]

Governments can crack down on metals without much effort.

They would declare it "illegal possession" unless bought through official, licensed channels. That's it.

https://www.rt.com/russia/442527-gold-busted-yakutia-russia/

The 52-year-old man was busted in the forest carrying a bag with about 13kg (29lbs) of gold in the form of bullions and "non-uniform powder", the local branch of the FSB told journalists. The market worth of the treasure is estimated at over $500,000. The man, who failed to explain how he came into possession of the gold, is facing up to five years in prison for illegal possession of the metal.

Yakutia, also known as the Republic of Sakha, is one of the biggest centers of gold extraction and processing in Russia. However regulations on precious metals and gemstones are pretty restrictive - a measure meant to limit theft, unlicensed prospecting, as well as their use for payment for illegal activities. Individuals may possess them, but only as jewelry or as bullions purchased through a bank.

Still some people answer the age-old call of gold, either hoping to legalize their treasures in some way or simply hoping that the restrictions would be lifted someday. Just a week ago a man in Yakutia was sentenced to two years in prison for illegal possession of over 28kg (62lbs) of the metal, which he claimed to have purchased from a stranger he never saw again, RIA Novosti reported.

[600watt]

I am seeing a lot of impatience here. It is all going according to the plan. Just find something to do in the meantime and everything will be fine in the end.

https://docs.google.com/viewerng/viewer?url=https://freedownloads.net/download/Crew-Application.pdf

 

[JayJuanGee]

Unconfiscatable Conference

Pretty good panel if you are interested. 10 hours of discussion from yesterday.

https://www.youtube.com/watch?v=16T5CUNGX2Q

Can I get a TL:DW summary?

Trace Mayer was interesting.
The author of the Bitcoin Standard spoke.
Tyler Jenks a traditional money manager spoke about Hyper Wave. He is bearish for now but very bullish longer term.
Ugly Old Goat spoke and unmasked himself.
Another analyst spoke about why he thinks we have entered the accumulation phase.

Overall pretty good.

I appreciate that you provided that video link.  I did watch the video, too.  10.5 hours playing in the background, so yeah quite a long one.  

Even though everyone there seemed to be bitcoin maximalists, they seemed to have a common sentiment of long term bullishness and pretty decent short term bearishness.

[JayJuanGee]

best

despair

ever

It's a much better despair without falllling trolling us. Last time we had to endure his cut your loose spam.

bitcoin game over!
do NOT buy bitcoin, bitcoin is going to nowhere but down! buy more lose more! cut loose now!

Wow merited by another entity that used to say the same phrase.

I agreeeeeeeeeee:       CUT YOUR LOOOOOSE!!!!!!!


Either BUY, SELL or HODL.

Yeah... have you noticed:  

For the past month, BTC prices have been going down.  

BTC prices are down from $400 one month ago to $384, as I type... OMG!!!!!    

Time to: CUT YOUR LOOSE!!!!!!!!!!

Edit:
Also HM your "overlay" is incorrect.

Why are you trolling me, PoolMinor?

Even... you are citing me out of context - because there were a lot of generally bullish HODLer thread participants who were mocking the various bear trolls (including me), and making those kinds of assertions, such as:

Cut your looses, gooses!!!!! (and, by the way, those kinds of posts were prior to the mic)

Would have merited this post, but I am short on sendable merit. I did not change any of your post, not sure what is out of context though. You said it, I quoted it. 

I thought that I suggested that during that time period, there were a lot of wall observer participants who were just playing around with rhyming the grammatical incorrectness of the troll comment of cutting your loose... .or your looses.  So, my point was that you could have hardly called me a bear or taken my comment seriously, in that posting context.

[vroom]

New Decree by Executive Order: No pants shitting until BTC goes below $3100.

That is the bottom thus far, set ~Dec 15th.

I'm out of pants, shitting straight on the bottom

[JayJuanGee]

see you @ $2500 :-D weeeeee

Yep.  Currently, a lot of bitcoin hodlers feeling like that.

[StartupAnalyst]

see you @ $2500 :-D weeeeee

Yep.  Currently, a lot of bitcoin hodlers feeling like that.

We need to make more of these bills. Maybe even it will fix the situation ...

[shahzadafzal]

Who else is high?

[nikauforest]

Unconfiscatable Conference

Pretty good panel if you are interested. 10 hours of discussion from yesterday.

https://www.youtube.com/watch?v=16T5CUNGX2Q

Can I get a TL:DW summary?

Trace Mayer was interesting.
The author of the Bitcoin Standard spoke.
Tyler Jenks a traditional money manager spoke about Hyper Wave. He is bearish for now but very bullish longer term.
Ugly Old Goat spoke and unmasked himself.
Another analyst spoke about why he thinks we have entered the accumulation phase.

Overall pretty good.

I appreciate that you provided that video link.  I did watch the video, too.  10.5 hours playing in the background, so yeah quite a long one.  

Even though everyone there seemed to be bitcoin maximalists, they seemed to have a common sentiment of long term bullishness and pretty decent short term bearishness.

Cool , glad you enjoyed it. That is what I did too, played it in the background. I may listen to a few sections over again. Cheers.

[jbreher]

anybody else get a totally whack 1099-K from Coinbase?

these numbers are absurd

1099-K is not a form that most individuals have ever seen. It is for reporting non-cash money flows - typically used to track credit card receipts for retailers and such. Why Coinbase thinks this is an appropriate filing for individuals is a mystery.

I've not yet looked at mine this year. Last year's was yuuuge. But it did not tabulate any sort of profit, but rather sheer volume of transactions. I filed based on my own tabulation of capital gains, which was a scant fraction of the flows shown on the 1099-K. I have not (as of yet, anyway) been audited for 2017.

So the figures you are seeing on your 1099-K are likely not absurd. Probably correct, just irrelevant.

[El duderino_]

The buy walls are fine and this is just a small blip, too much panic over here, $25 dollars drop and everyones screaming were  going down a grand. Goodnight everyone.

During the next bear market when Bitcoin capitulate to $40k, i wonder if people still shitting in their pants 

Of course they Will...... and not only ATH buyers but those that are buying cheap coins NOW as well
People are really strang beings

HODL and increasing
I didn’t actualy bought this last 3 weeks, but i have increased nicely @the moment
Happy AF with those coins

[El duderino_]

New Decree by Executive Order: No pants shitting until BTC goes below $3100.

That is the bottom thus far, set ~Dec 15th.

But its wrong

Its like no pants shitting as long as BTC is alive and being bought and sold .....

[PoolMinor]

Fuck Lambos.

Fuck Yachts.

When it moons beyond $20k, Rick and I are going to buy some property in Denver, build a big-ass warehouse on a portion of it, register with whoever we need to register with, and become farmers... and stuff...

Living out retirement in a state friendly to the herb, sounds like a horticulturalists "Happily Ever After".

Do not see the political/legal landscape changing in Texas for at least another decade, otherwise I would invest in the real-estate/infrastructure here.

Then again, having to commute back-and-forth between CO and TX seems like a nightmare, so, maybe it's best left to the realm of dreams...

Warehouse to be a farmer? I recommend the NW for cheaper electricity, perhaps somewhere near a hydro-electric source. Texas will be the last state next to Utah of course that would legalize cannabis. Though by the time BTC moons again cannabis might be not considered schedule 1 drug and federally might not be such an issue.

[Saint-loup]

Destroying bitcoin - whose traffic is not even obfuscated, coins not even fungible, and also entirely centralized - is child's play for the govt.

The fact the govt doesn't attempt to stop bitcoin AT ALL and instead endorses people to use digital shitcoins and passes bi-partisan, pro-bitcoin laws in the US govt is the real red flag here.

New offline technologies like opendime (or tangem) solve this issue. You can safely transfer BTC offline and the government can't track the transaction neither the owners.

[LFC_Bitcoin]

Just woke up to $3,414.

[kenzawak]

Guys one question for all senior members. What's so special about hats in your profile. I have never seen this craze in any other thread so far. Plz tell me.

I think it somehow relates to Trump MAGA hat.. sort of american fetish

This guy nailed it. Everyone wearing a hat in this thread is a die hard Trump fanatic. MAGA!

I would never wear the MAGA hat but this one I could :

[LFC_Bitcoin]

Going to the bank in a bit so thought I’d have a bit of fun but also do my bit tor the community

[mattimann]