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

[cAPSLOCK]

ivomm has a point.

I am pretty sure many of us here will be lining up to sell most of their stash as soon as we see any price above $10k. Only a handful of people will be left when it hits $15k.

And after $15k its a huuuge huge gamble.

Just like happened in 2017 when people saw $1200-1500, many people dumped their shit but then it went to $20k.

The thing is, you don't know what'll happen when it passes $20k.

It can go as high as $100k, maybe 200k... or... It may start to fall after reaching $30k.

Hard decision to make for many.

*It is better to set yourself a target and wait for it till it happens. That's what I'll do.

This is called resistance.  And yes there may be quite a bit of it between 10 and 19k.  But selling there would be betting on the idea that Bitcoin is a failure.  And here is the thing... if Bitcoin is a failure then everyone here is really just singing in the choir of the Church of the Bitcoin Cargo Cult.  If Bitcoin is a failure then chances are it's seen it's all time forever high.  In this case it would most likely be best to sell now.

But if Bitcoin is not yet a failure, then we WILL eventually see new all time highs.  It is impossible for us not to.

Bitcoin is still *the* *most* asymmetrical bet you can place on a large scale.

If a person is uncomfortable with the amount of the bet?  Then selling is advised.  If they are in so much profit they want to hedge Bitcoins failure then selling *some* is advised.

I am pretty sure many of us here will be lining up to sell most of their stash as soon as we see any price above $10k. Only a handful of people will be left when it hits $15k.

But I think you underestimate some folks here.  Some of us have been through the fire a few times already...  Some of us are even buying more.  Some here will hold until bitcoin is either worthless, or a global store of value at least on the scale of Gold, and possibly a global money that you will no longer buy and sell... but will pay a bit to move onto layer 2 where it will be used for all kinds of transactions.

With Bitcoin I am currently betting on Layer 2.  And putting my skin in the game there.  I am not going to let go very easily.

Chump or champ?  One or the other really... time will tell.

[Olegya199]

Look what I found, a t-shirt for altcointalk fans

[Dig Bicks]

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

[bitserve]

https://www.coindesk.com/quadriga-inadvertently-sent-btc-to-dead-ceos-cold-wallet-ey-report

Almost funny.

[markj113]

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

How can something with the volatility of BTC be a store of value.

It's just become a speculative gamble.

[VB1001]

Voyager’s Game-Changing Bitcoin Trading App Just Went Live in the US

Voyager, the “Name Your Price” tool of crypto trading, launches in US 9 states this morning. Available on the Apple store as we speak, the powerful new brokerage app enables users to leverage the power of algorithmic trading to find the best deal on Bitcoin, Ethereum, and a variety of other cryptocurrencies. Users enter their trade conditions, and Voyager does the rest, accessing a growing list of exchanges to find the best liquidity and price.

https://www.ccn.com/voyager-crypto-bitcoin-brokerage-app-us-launch

[Dig Bicks]

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

How can something with the volatility of BTC be a store of value.

It's just become a speculative gamble.

Well I think in the future it will be more stable.  I just never see it actually being widely used in daily commerce.

Its a good store of value that can't be stolen and very easy to transfer globally.

[VB1001]

Bitcoin Is Going to Be Digital Gold, Will Grind Back Up

I think if there is 118 elements on the periodic table, only, gold, is valuable just because it's a store of value... Bitcoin is going to be digital gold. There's going to be a place where you have soveriegn money.

"It's not U.S. money. It's not Chinese money. It's sovereign. And so, sovereignty costs a lot. It should cost a lot."

https://www.cryptoglobe.com/latest/2019/02/novogratz-bitcoin-is-going-to-be-digital-gold-will-grind-back-up/

[JSRAW]

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

Nope bro, not really. working well for me. before I knew about BTC I had to wait for almost 3-4 days for my payment( wire transfer) if I count any freelancing site then a minimum 7-8 days ( not even counting Bank holidays)

Now Using Crypto as a payment I receive payment within 1-2 hour after sending bills to my respective clients and then it's up to me if I wanna sell it or not.

[BitcoinGirl.Club]

Credit goes to a twitter feed 😋

[bitcoinPsycho]

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

Best you take your small dick and leave this space before you get wrecked

[BitcoinGirl.Club]

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

Why do you think like that?
Other day I spent bitcoin to pay for my hosting.

Its clear that crypto has failed as a currency for the most part.  Its mainly a store of value, digital gold.  Store of value is better imo.

Best you take your small dick and leave this space before you get wrecked

Same reaction LOL, I was just a bit nice to him 😋 and few seconds late than you.

[alevlaslo]

why is bitcoin turn into a Visa? What is the point in reducing the block size + LN, if a large block does not interfere, safe storage in any case only cold
BCH the best

I think this was conceived for the sake of raising commissions in the main network, so that people use only a centralized LN

no you patent fool it was conceived because of the imminent balkanisation of the internet and possible network partitioning.
conceived by people who see the need to send over the radio not the internet
and by people who know that running a node should be as easy as possible in order to keep the miners honest

L1 is the gold that you keep, but L2 is the dollars on the card that can freeze

L1 this your money, but L2 is uncle said you that this your money

[El duderino_]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

^
Could live with that tweet, french always think they rule @anything while they s*ck @the most

https://twitter.com/cjlovescrypto/status/1095409508883542016?s=21

[BitcoinGirl.Club]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

LOL any French around? 😋

[Ibian]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

LOL any French around? 😋

Went to france recently. Paris, to be precise, cultural naval of the world. Went to mc'd, just because. It was gross. They can't even get something as normalized as mcnugget sauce right. Every other eatery I tried was pretty bad too. Their reputation is about a century outdated.

[El duderino_]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

LOL any French around? 😋

Went to france recently. Paris, to be precise, cultural naval of the world. Went to mc'd, just because. It was gross. They can't even get something as normalized as mcnugget sauce right. Every other eatery I tried was pretty bad too. Their reputation is about a century outdated.

Come and have dinner @belgium
Ain’t no dissapointments here, even the most basic is damn good

[El duderino_]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

LOL any French around? 😋

No normal every page it should been Said just because its a clear FACT
Like BTC is the best for human beings, thought this thread was all about obvious FACT’s
Bad food and rude service= france

[BitcoinGirl.Club]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

LOL any French around? 😋

No normal every page it should been Said just because its a clear FACT
Like BTC is the best for human beings, thought this thread was all about obvious FACT’s
Bad food and rude service= france

I bet you are English LOL

[JSRAW]

You know why French people are skinny? Cause their food is so gross they can’t eat it.

LOL any French around? 😋

No normal every page it should been Said just because its a clear FACT
Like BTC is the best for human beings, thought this thread was all about obvious FACT’s
Bad food and rude service= france

I bet you are English LOL

English food sucks as well except breakfast.