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

[Last of the V8s]

[Last of the V8s]

Ok new month now let's get a grip please people. We can do it in one big candle.

[xhomerx10]

 That is one massive duck and one seriously displaced toucan.

[Dunkelheit667]

The monthly update:

Buy
 ⊂_ヽ
 　 ＼＼  Now
 　　 ＼( ͡° ͜ʖ ͡°)
 　　　 >　⌒ヽ
 　　　/ 　 へ＼
 　　 /　　/　＼＼Or
 　　 ﾚ　ノ　　 ヽ_つ
 　　/　/
 　 /　/|
 　(　(ヽ
 　|　|、＼Cry
 　| 丿 ＼ ⌒)
 　| |　　) /
 ノ )　　Lﾉ
 (_／Later

Done, my monthly accumulation buy limit order just triggered. This winter starts to feel long already. All BTC are still well protected in their wallets, all good. Back to hibernation mode.

Gentlemen, have a good one!

[slowlyslowly]

 That is one massive duck and one seriously displaced toucan.

there is a pigeon too  - its sort of a "where's wally" test. same as the TA charts people post - you need to look for where the tend line they draw will eventually cut some axis . tricky on some log charts. but makes the poster more able to claim "i told you so " status..........

[JimboToronto]

Hey Jimbo - good to see you're away from the cold snap, but when are you due back?  

Be good to know so I can get some more fiat back into an exchange on time

My return flight is booked for March 26 (2 days before the Jays' home opener) but I told people  I might fly up for a few days in mid-February if I need more cash or if it's profitable enough for me.

I don't have a bank account and there's  really no place down here for me to turn bitcoins into dollars. I came down with a credit balance on my credit cards as well as cash but I've already overspent a little and now I actually owe money on one of my cards. Needless to say, I hate owing money and especially hate paying interest.

I might fly up if I can collect a debt, earn a profit, or simply sell enough Bitcoin to pay up my cards and bring down enough cash to be  comfortable for the rest of the winter. Ideally I can get someone who owes me money to put a few thousand on my cards so I can stay down here and enjoy sunshine and Mexican baseball. It's less than a buck a beer at the ballpark and that includes a donation to the local team.
_____

Sorry but I have no control over the price of Bitcoin. The continuing coincidence is however enough to make you superstitious.  

[jbreher]

So speaking of doomsday, if the infrastructure goes, electricity and water and food, what's a chap to do? Without water you die in 3 days,

I think a lot of otherwise prepared folk neglect this most basic fact. In the US, most get their water from some sort of municipal utility. This may be the greatest lever of control available to a totalitarian regime gone mad.

OTOH, pretty much every major metro has a place that resells used 1000 liter IBC totes for $100 or so. That's enough water to keep one person in drinking, cooking, and very limited cleaning for 6-8 months. Beats needing to line up for the (((FEMA camps))) after two days in order to continue to live.

(Or maybe, you know, just riding out the event where some turrist cell has poisoned your local reservoir)

#justsayin

10,000 gallon rain tank.  You can bury them. 

You better live somewhere where it rains enough to fill it. I wonder what chemicals you would need to keep that ready to drink.

Nothing more than the chlorine that is already in municipal water. Just get your household supply diverted through it. Backflow prevention device would be in order in this scenario.

So if the catastrophic event happened to have contaminated the water for so many days without knowledge this is fucked?

Yes. Better plan - (2) 5000 gal tanks, alternate household supply through one, then the other, rotating on a weekly basis.

That wasn't too hard, was it?

Incidentally, as an experiment, I've been leaving one tote alone for years. Filled with nothing but municipal water, no additives of my own. Sample taken annually to the local ag uni extension for testing. Still fine to drink. Of course, our town is extra-chlorinated. You could just add a dropperfull of bleach each year if you were worried about microbial infestation.

[El duderino_]

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day
Yeah the dildo hat as well

[El duderino_]

Buy
 ⊂_ヽ
 　 ＼＼  Now
 　　 ＼( ͡° ͜ʖ ͡°)
 　　　 >　⌒ヽ
 　　　/ 　 へ＼
 　　 /　　/　＼＼Or
 　　 ﾚ　ノ　　 ヽ_つ
 　　/　/
 　 /　/|
 　(　(ヽ
 　|　|、＼Cry
 　| 丿 ＼ ⌒)
 　| |　　) /
 ノ )　　Lﾉ
 (_／Later

Actualy it reminded me @JJG

[El duderino_]

 That is one massive duck and one seriously displaced toucan.

The pigeon isn’t that little as well

[bitserve]

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day
Yeah the dildo hat as well

-40 what? Fahrenheit? Maybe he means +40 Fahrenheit? That is like 4.4 celsius... JFC! I would be freezing below 21 celsius inside home!

And what kind of fool includes the electricity bill in the rent?

Nice hack btw.... horrible efficiency but still.... a man gotta do what a man gotta do.

[El duderino_]

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day
Yeah the dildo hat as well

-40 what? Fahrenheit? Maybe he means +40 Fahrenheit? That is like 4.4 celsius... JFC! I would be freezing below 21 celsius inside home!

And what kind of fool includes the electricity bill in the rent?

Nice hack btw.... horrible efficiency but still.... a man gotta do what a man gotta do.

Its about the COMMENT

[xhomerx10]

Hey Jimbo - good to see you're away from the cold snap, but when are you due back?  

Be good to know so I can get some more fiat back into an exchange on time

My return flight is booked for March 26 (2 days before the Jays' home opener) but I told people  I might fly up for a few days in mid-February if I need more cash or if it's profitable enough for me.

I don't have a bank account and there's  really no place down here for me to turn bitcoins into dollars. I came down with a credit balance on my credit cards as well as cash but I've already overspent a little and now I actually owe money on one of my cards. Needless to say, I hate owing money and especially hate paying interest.

I might fly up if I can collect a debt, earn a profit, or simply sell enough Bitcoin to pay up my cards and bring down enough cash to be  comfortable for the rest of the winter. Ideally I can get someone who owes me money to put a few thousand on my cards so I can stay down here and enjoy sunshine and Mexican baseball. It's less than a buck a beer at the ballpark and that includes a donation to the local team.
_____

Sorry but I have no control over the price of Bitcoin. The continuing coincidence is however enough to make you superstitious.  

 Have you heard of bylls.com?
You could make a payment to your credit card through them.

[bitserve]

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day
Yeah the dildo hat as well

-40 what? Fahrenheit? Maybe he means +40 Fahrenheit? That is like 4.4 celsius... JFC! I would be freezing below 21 celsius inside home!

And what kind of fool includes the electricity bill in the rent?

Nice hack btw.... horrible efficiency but still.... a man gotta do what a man gotta do.

Its about the COMMENT

Yeah I know, but I got horrified about the temperature

[realr0ach]

Did anyone read the moronic statement from Trump & Kudlow and whoever else he has in his economic team on Zerohedge today?  He says he "wants to create economic growth with no inflation" LOL.  There's bazillions of bad debt floating around that has to be serviced, so it's either everyone defaults on everything for cascading deflationary collapse, or you inflate to the moon.  The tail end of a debt bubble (Ponzi) requires a hockey stick graph of inflation to not implode.  Trying to claim you can generate economic "growth" with no inflation in this is asinine.

[bitserve]

^ There is one way: Economic efficiency. I mean, doing all the same with a lower cost thanks to better management and cost control, plus getting rid of any or most useless spending.

... But I don't know any country that has been successful at doing that (in fact none have even TRIED). It's just another utopian dream.

[Arriemoller]

You all know that I have been dismissive of grin, however in the wee ours of the morning after I wake up but before I get out of bed I usually do some of my best thinking and contemplation.

And this morning I was contemplating grin and its constant and never ending supply versus its price.
And I came to the conclusion that it might actually work, but there are some big ifs.

If grin takes of  and gets a big user base we might see a scenario where more grins are actually lost/destroyed then are being made,and if so the price will be stable and even go up.

Is this going to happen? Well the world economy is not a zero sum game, and the world economy is growing rapidly so there is room for a expanding currency, that’s why the US dollar is not in hyperinflation.
All new dollars printed are absorbed by the expanding economy. This of course only works if the currency is widely accepted on a global scale.

As I understand it grin is anonymous and untraceable, this might not go down well with regulators, and they might ban it from exchanges and on/of ramps.
If so, then it won’t be a popular global currency, but rather a fringe currency traded on a few shady exchanges with a small user base, and subsequently die from inflation.

If on the other hand it is not banned, and if it grows so big that the demand is equal to or outgrows 60 grins a minute, it might be the actual world cyber currency of the future for payments. (rather than bitcoins roll as digital gold/storage)

The road there will however be long and hard, and in the near future the supply will vastly outgrow the demand, and as a consequence the price will for the years to come be very low.

And some easy to use wallets need to be developed soon, and app wallets must integrate grin, and major exchanges must add grin.

A lot of ifs, but success is not against the laws of economics.
When Coinomi or Abra integrates grin I might buy some.

[El duderino_]

https://twitter.com/larpcapital/status/1091124735264604160?s=21

For r0ach and Some other crazy F***s

[El duderino_]

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1091104241312296960?s=21

[rebal15]

https://twitter.com/larpcapital/status/1091124735264604160?s=21

For r0ach and Some other crazy F***s

you are angry cuz the market is dumping slowly. It is not r0ach's fault. it's yours, just continue to give BTC to exchanges run by banks so they can dump more.