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

[Phil_S]

Do we capitulate spike down and rocket back up?

Yeah, look what happened 365 days ago. Maybe it's time for another one of those.

[realr0ach]

If you look at various shitcoins, they are continuing to bleed a lot more than BTC, so this seems to be an ongoing means to purge additional froth out of many of the various shitcoins.  

I am dumping all of my JayJuanGee shares.

[HairyMaclairy]

Do we capitulate spike down and rocket back up?

Yeah, look what happened 365 days ago. Maybe it's time for another one of those.

Good point

[JayJuanGee]

If you look at various shitcoins, they are continuing to bleed a lot more than BTC, so this seems to be an ongoing means to purge additional froth out of many of the various shitcoins.  

I am dumping all of my JayJuanGee shares.

Assuming that you are around the same age as me, but maybe not as socially fitting as I am, but you want to reflect JayJuanGee shares in the financial side of your investment, then you would be about 1% or 2% shitcoins (4% at most), about 5% to 8% cash, and then the rest 90% or so, in bitcoin. 

Now, if you want to include traditional investments, to reflect a JayJuanGee balance that would be a bit more complicated, because there remains some ongoing traditional investments that nearly balance out the total crypto package (and bitcoin-available cash referred to above). 

Regarding PMs such as Gold and Silver, JayJuanGee is not very tolerant of those investments because he (that is me) considers bitcoin to largely have supplanted any justification for holding any PMs because, in essence bitcoin serves as a similar kind of dollar or traditional investments hedge that PMs had traditionally been serving.  But, if you cannot shake such PMs from your psyche, because you are kind of stuck in the past, JayJuanGee would tolerate up to a 6% or 7% holding in such PMs, while advising against them.

Regarding dumping JayJuanGee shares?  What you gonna do?  Gonna get screwed up?  You going into cash?  I imagine you are already too heavy in PMs?  Perhaps real property would be o.k. if you don't mind being tied down, geographically.  I recall that you, Roach, were leaning towards an Island, earlier, but I am not sure about the practicality of that kind of direction, and really it does not seem to be very divisible nor portable.. I suppose depending upon how much you have to work with.

[JayJuanGee]

Do we capitulate spike down and rocket back up?

Yeah, look what happened 365 days ago. Maybe it's time for another one of those.

Good point

Bitcoin is not very seasonal.. so we are in a different point, especially looking at least year, specifically.

[HairyMaclairy]

Bitcoin is not very seasonal..

I beg to differ, good sir. 

[Phil_S]

2018 January: top at Jan 6.
2018 February: bottom at Feb 6.

2019 January: top at Jan 8.
2019 February: bottom... soon?

[bitserve]

2018 January: top at Jan 6.
2018 February: bottom at Feb 6.

2019 January: top at Jan 8.
2019 February: bottom... soon?

I am prepared. I know I am going to get screwed. I just hope it happens fast and I am able to leave it in the past.

[JayJuanGee]

Bitcoin is not very seasonal..

I beg to differ, good sir. 

Fair nuff, good sir.


 

[HairyMaclairy]

Ummm thanks.  I guess. 

[HairyMaclairy]

Twitter founder Jack rekts shitcoiners

[JayJuanGee]

Twitter founder Jack rekts shitcoiners

I thought yesterday that I said that I come here for the lulz....

hahahahahahaha

Don't need any crypto in the square app. and don't need no other personal crypto... Bitcoin get's it done, even if considered as boring...

hahahaha.  Go Jack.

[nutildah]

Ummm thanks.  I guess.  

In other good news, BSV was recently surpassed by Binance Coin in market cap.

Interestingly, BNB is the only coin/token to have appreciated in terms of BTC over the last 14 months.
Every single other altcoin is down against BTC in this time period.

[Ibian]

Wait, twitter jack jack? Hm. Maybe some of his questionable actions are just a result of being in a tough position.

[nutildah]

Wait, twitter jack jack? Hm. Maybe some of his questionable actions are just a result of being in a tough position.

I used to listen to the Joe Rogan Experience all the time, and (besides an NPR podcast about BTC I heard previously, but wasn't as interesting) its pretty much the whole reason I got into bitcoin, after hearing Andreas Antonopoulos talk about it there.

So this Jack Dorsey guy was on JRE the other day and he took a _lotta_ flack in the comments... 10k thumbs up, 65k thumbs down.

https://www.youtube.com/watch?v=_mP9OmOFxc4

I should really listen to the whole thing. I think there is a whole Alex Jones crossover contingency that is pissed that their guy was banned from Twitter, and blame Jack for it, then blame Joe for taking his side.

But most notably he talked about how he thought in the future the internet would have a single digital currency, and he hoped that currency was bitcoin.

[JayJuanGee]

Wait, twitter jack jack? Hm. Maybe some of his questionable actions are just a result of being in a tough position.

Why?  Jack is a bitcoin maximalist, and considers other coins to be shit/scams.  He is the owner of twitter, but also Square.  So many of the references that he is making is regarding square, rather than twitter, even though there may be some overlap in the future, too.  

In other words, his bitcoin maximalist stance seems to be following a similar ideology as the vast plurality of active participants of this thread.   No?  What's strange about that?

[wachtwoord]

Wait, twitter jack jack? Hm. Maybe some of his questionable actions are just a result of being in a tough position.

Why?  Jack is a bitcoin maximalist, and considers other coins to be shit/scams.  He is the owner of twitter, but also Square.  So many of the references that he is making is regarding square, rather than twitter, even though there may be some overlap in the future, too.  

In other words, his bitcoin maximalist stance seems to be following a similar ideology as the vast plurality of active participants of this thread.   No?  What's strange about that?

Supporting Bitcoin is not questionable at all of course.

Twitter's banning of accounts not repeating the left-wing kumbaya propaganda is. Ibian implies that Jack's hand may be tied on that one.

[JayJuanGee]

[edited out]

Dude you're getting more and more annoying, I don't even read your bullshit anymore it's all the padded bullshit to look like some psuedo intellectual. I really don't give a shit anymore JJG, I've said this before it's too fucking much. Quit posting annoying paragraphs for every fucking reply, no one gives a shit about your opinion, you're the long winded dude at the party no one ever ask a question to twice.


You're just as fucking bad as R0ach when it comes to having to read post. A short and sweet I'm a fucking racist post or your a three paragraph I'm a fucking psuedo intellectual who thinks he's better than everyone. Every fucking post is the same.

Don't be such a diptwat.  You are the one who made the dumb comment that invited my response.  Hello?  You start something, but you cry about follow through?

[P_Shep]

In other news, my Lightning Node relayed it's first transaction! Yay!

That it was my transaction is COMPLETELY beside the point.

[Cryptotourist]

Morning WO's. Chill out ffs my brothers.

#

Can you stop pretending multiculturalism is an actual thing?  <...>

Who is pretending now? Get out of your house man, travel.

Would you care to elaborate on how many white genes the r0ach family has & how many of the other rainbow colors?
Not, I'll tell you. You are a supreme fucking bastard.

I don't think Bob <...>

Cookie?
Better late than never:
https://www.youtube.com/watch?v=R2LQdh42neg

#

https://www.forbes.com/sites/michaeldelcastillo/2019/02/04/navigating-bitcoin-ethereum-xrp-how-google-is-quietly-making-blockchains-searchable/#4e0acf514248
'In other words, if blockchain is to go mainstream, some of its beloved anonymity features will have to be abandoned.'

The whole point is anonymity.
That said, a tool checking for flaws on smart contracts or blockchains, batch style, is not that bad.