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

[JayJuanGee]

Peter Peter Pumpkineater

One of the major problems with that assessment is that we don't have 21 million bitcoins, neither current nor are we going to be likely to be anywhere in the ballpark of 21million after 120 more years of mining them.... Lucky if you get a total of 16 million out of the whole thing by the time we get to 2140 including all the lost private keys due to death, inadvertence or negligence.

[Arriemoller]

But since we are speculating on things & physics is my hobby, I would have to go with the multiverse theory.
All universe's are tangled and intertwined between them in a constant state of superposition.
Very simply put, 'our' universe big bang, originated from another universe black hole collapse!?
The real question is how did it all that start.

I am with you on that. The singularity doesn’t seem particularly stable so what was before.  I would like to think it just another big cycle.  Eventually space time will start to shrink, the universes will contract again into a single point and then re-explode.

If we are in a cycle then the answers to our far distant past lie in our far distant future

Edit:  hey it’s actually a thing.  https://en.m.wikipedia.org/wiki/Cyclic_model   I guess it’s a pretty obvious thing to think

What is really interesting is that various mystic religions hit on the same model long before science.  One example being the Egyptiian, later Gnostic and Hermetic, concept of Ouboros.  Also seen in the Norse Jormungand. 

There is something very interesting going on at the intersection of cosmology and psychedelics.

Jojo, Jormungandr also known as the midgard serpent ( miðgarðsormr) is the giant snake or sea serpent that encompasses midgård, where humans live. I think you mean ragnarök, the end of the world as we know it and the beginning of the next world.

https://www.youtube.com/watch?v=jbhjey_J50A

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

[Ibian]

What. No. Do not post pictures of yourself pissing. Goddamn degenerates.

[JayJuanGee]

Regarding the bolded - I’ve seen nobody claim anything like that buddy. Nothing wrong with a bit of HOPIUM & people being happy about a pump though. It’s nice to feel a pulse every now & then

they don't have to say it, i am pretty sure most noobs feel this way every time btc pumps, tho i am sure many of them have said it somewhere, i don't have the time to dig for such moon posts, to me, there is everything wrong with being happy about a pump like that, i trade the market in "calm" mode, take my profit and gtfu, but if you want to throw a party for this pump i don't mind attending, and i promise i won't be a "party pooper" 

Why the fuck you picking on noobs or hopium filled folks?  It is still a prudent practice to buy BTC on dips, to dollar cost average and cheer for the BTC price to go up, even if such upward price movement is just temporary.

Sure some folks may be willing to take a bit of profits from their BTC investment here and there, but there is no real value in attempting to play around with BTC trading when you don't know what the fuck you are doing (which is kind of implied with the concept of a noob) and furthermore when the BTC price has already corrected more than 80% from it's top and still is near a 80% correction level, when the BTC price upside is much greater than the downside and worse would be to suggest to play around with margin or leverage to bet against BTC and risk losing everything...

[JayJuanGee]

even though Hairy the no longer bearie.. seems inclined to count his V8 chickens.

V8 owes me 1.2 million satoshis.  That’s a lot of chickens. 

Well, when you frame it like that, I get a bit embarrassed in my lame attempt to blame you for such counting.   

[somac.]

Bitcoin from last few days. It's gonna fly in no time 🙂

Guys, guys, slow down, it's way too early for that. This is just a bart.

Quite possibly, but confidence has come back to the market. See my post above

[Hueristic]

Been busy but doing some catching up and DAMN seeing this action is a nice turnaround.

[JayJuanGee]

Zhou Tonged - Bitcoin's Back (Eminem - Without Me)



Good vibes!

Guess who's back??? BITCOIN!

I like the video... It is fun, and pro-bitcoin (even though I had not seen it before - from 2013.. funny that).

I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary,
"getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.  

Anyhow "getting zhou tonged" is getting margin called on your trade.

[erre]

I can't stand people posting shitty food pics in here. Please come to Italy. I think we are some of the few places all over the world were you can eat good food.

Also, regarding whiskey: you need time to appreciate speyside malts, for the start take Islay single malts. They are very peculiar, and you can start with a caol ila and then go with maybe a Lagavulin or a bruichladdich and end with an heavy peated ardberg, which smells of pirate boat in flames. This way you can taste the differences and understand your preferences.

[jojo69]

Jojo, Jormungandr also known as the midgard serpent ( miðgarðsormr) is the giant snake or sea serpent that encompasses midgård, where humans live. I think you mean ragnarök, the end of the world as we know it and the beginning of the next world.

I think I know what I mean Arrie.  I very much see Jormungand as parallel to Ouboros; a serpent eating it's own tail in a cyclic continuum of existence.

My understanding is that there are two versions of Ragnarok present in the Norse mythos, one cyclical and one not, I see the cyclic Ragnarok as the point of tail eating if you will.

But we are quibbling, the interesting thing is that ancient mystics had developed a cosmological model very much in keeping with modern theory.

I believe that the universe does reveal itself to consciousness that asks.

[El duderino_]

via Imgflip Meme Generator

Finally a white russian PROOST WO’s

I’m teaching this no-coiners to drink, next thing a Will learn them is how to coin

F*** the peasant

Coiners rule the place

Been Said by MICg

Btw the other tattoo is me brother LoL

[jojo69]

I like the video... It is fun, and pro-bitcoin.

I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary,
"getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.  

Anyhow getting zhou tonged is getting margin called.

You didn't get Zhou Tonged?

Noob, I lost 10 BTC to the guy.

And no, it is not getting margin called. Zhou Tong was the proprietor of Bitcoinica, the very first (that I know of) platform where leverage was available, it is true, but the term refers to the exit scam he pulled.

I never used the leverage option there.  I still got Zhou Tonged.

[Hueristic]

Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc

What more to wish for

Its weekend go out and have Some Fun boys

Hope everyone is doing good in here

Pre-CHEERS already

No drinking necessary today!

[JayJuanGee]

I like the video... It is fun, and pro-bitcoin.

I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary,
"getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.  

Anyhow getting zhou tonged is getting margin called.

You didn't get Zhou Tonged?

noob, I lost 10 BTC to the guy

and no, it is not getting margin called,

What is getting "Zhou Tonged," then?  By the way, I don't play with margin.

I got the definition from here>

https://www.urbandictionary.com/define.php?term=Zhou%20Tonged


>>>>>>Zhou Tonged

Bitcoin Slang, Your positions are automatically liquidated
due to insufficient trading balance after a margin call.
This occurs when trading using "leverage buying" at high levels 5:1 or 10:1
The large swings in the Bitcoin exchange rates can force automated margin selling, when the Broker sells out the customer without notice.<<<<<<

[HairyMaclairy]

I like the video... It is fun, and pro-bitcoin.

I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary,
"getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.  

Anyhow getting zhou tonged is getting margin called.

You didn't get Zhou Tonged?

noob, I lost 10 BTC to the guy

and no, it is not getting margin called,

It is getting Quadrigacxed

[jojo69]

explained in edit above

It is getting Quadrigacxed

exactly

[JayJuanGee]

explained in edit above

Fair enough.. We know that sometimes ideas get mixed up, especially in folklore...

Same is true with HODL...  - retrospectively and erroneously being dubbed as "Hold On For Dear Life"  Dumb... 
 Real Dumb... for sure.

[El duderino_]

Btw whats the price doing

Praying non of you Guys standing in my shoe’s now

Having a drink contest with somebody thats with me F*** we keep going!!!!!!!!

[JayJuanGee]

Interesting development in the bitstamp order book.

If anyone remembers I mentioned a few weeks ago about how much buying support there was around the 3k level, but, also at the same time how the sell orders were not following the price down (IIRC 2000 btc sold bring the price down 4%, whereas 2000 bought price up around 20%).

I've continued to keep an eye on the order book during this last increase and at the 3700 then 3900 levels buy orders and sell orders were balanced (IIRC about 2500 sold or 2500 bought would move the price 15% either way). Meaning that despite the recent increase in price the buy orders were not following the price up, meaning lack of confidence in the bounce.

Well, right now order book is showing if 2000 coins are sold the price will drop 12%, but, if 2000 coins are bought the price will rise 21%. I can only interpret this as buyers now regaining confidence and beginning to follow the price up rather then waiting for a dip to the lows or new lows. In my mind this is confirmation that the low is now in.

Seems like you are trying to put too much weight into the meaning of the order book because the order book is played around with all of the time to cause these kinds of erroneous presumptions that you seem to be attempting to make... in other words, take the order book with a BIG ASS grain of salt.

[goldkingcoiner]

Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc

What more to wish for

Its weekend go out and have Some Fun boys

Hope everyone is doing good in here

Pre-CHEERS already

No drinking necessary today!

Yeah....But...