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

[LFC_Bitcoin]

^
Great job.

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Wouldn’t interest me, don’t trust anybody with my bitcoin’s plus how does 6% work?
6% on the price of 1BTC at the time you lend it or as the year goes on?

You could lend them 1BTC at $3,800 with 6% annual interest but not looking so cool if we hit over $6,000 within 12 months.

Leave me out regardless.

[jbreher]

Fuck McAfee.  .. and yeah, he would literally become a queen at that point,

I don't care who ya are - that there's funny.

While I don't agree with the bulk of your post, coffee on the monitor gets a merit. Rules is rules.

[Olegya199]

[jbreher]

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Well that's audacious.

How the hell can something like that be sustainable?

Say if they lend it out at 20%

Yeah, that was pirate@40's claimed biz model. Again: unsustainable.

As someone pointed out above: Not yo keys, not yo bitcoin.

[LFC_Bitcoin]

Brilliant

[Last of the V8s]

https://www.newsbtc.com/2019/03/05/twitters-dorsey-buying-10000-bitcoin-each-week-bullish/
every little helps, thanks jack
maybe the bottom is in
https://www.instagram.com/p/Bm3mqZcHTlA/
https://www.instagram.com/p/BefBM8gHixy/

[JayJuanGee]

It just dawned on me that if the next high is say 260k as some punters suggest, then the next low after that could be omg -90% = 26k which frankly still seems like a shedload.

I won't be 'cashing out' or selling anything during that whole period because I've got everything I need.

I will be staying on here though even as old WObros slip away to Chile or Mexico or projects or prison as in previous cycles, because there will be an ever larger need for education, for clarity and for unity.

Things are going to get much much tougher when Coppola and Roubini run out of simplistic attacks like 'oh it crashed' and new attacks get formulated; and this is about all I've got to offer in help; my presence, a tiny bit of knowledge, a chunk of certainty and some courage.

To be practical, you gotta start cashing out at some time.  You are not going to live forever... and we saw your pic, you are at least in your upper 50s....

You are HODLing satoshi's to pass on to someone else, who likely would not appreciate those satoshi's as much as you?

I will just say that personally, I already have a pretty decent cashflow, too, and even a decent projected cashflow (without even including BTC in that); however, I am thinking that at some point within the next 4-10 years, I am just going to establish a plan in which I cash out of BTC at around 4% per year.. which will probably NOT be dependent on BTC price... which would be cashing out about 1% per quarter...  and I suppose that I could be a little bit strategic about those cashing outs too, perhaps?

I am also going to have to find something that I want to buy with it, which I am sure that I will figure something out.  Not a bad problem to have... Anyhow, if I see that death (or incapacity) might be coming sooner than I would hope, then I may increase my cashing out beyond 1% per quarter in order to cut into principle.  Play some of those cashing out details by ear, but I cannot really consider a plan to HODL for an indefinite time to be reasonable, either, unless I were in my 20s or 30s, then it might be a bit more practical.. but even then, if the value becomes high enough, then it starts to seem prudent to have  developed a kind of cashing out plan.. and a cashing out of around 4% per year would likely NOT dig into principle, anyhow.

[Last of the V8s]

https://1broker.io/?c=de/content/blog&id=89
1broker has settled with the SEC

[LFC_Bitcoin]

https://www.newsbtc.com/2019/03/05/twitters-dorsey-buying-10000-bitcoin-each-week-bullish/
every little helps, thanks jack
maybe the bottom is in
https://www.instagram.com/p/Bm3mqZcHTlA/
https://www.instagram.com/p/BefBM8gHixy/

I bet he’s on here under some kind of pseudonym. Thanks jack!

[BitcoinGirl.Club]

Hilarious!
True bitcoin lover 🙂

[BitcoinGirl.Club]

That's how it works.

[Raja_MBZ]

Twitter CEO Is Buying $10,000 In Bitcoin Each Week

https://www.newsbtc.com/2019/03/05/twitters-dorsey-buying-10000-bitcoin-each-week-bullish/

Hah... he'll be (effing) rich, and will probably surpass Mark Zuckerberg's net worth.

Nice going, Jack!

EDIT: Oops, seems like V8 posted this link when I was busy in googling (and comparing) Zuckerberg's and Jack's worth.

[JayJuanGee]

There is a certain probability that the hard won $3700 resistance a week ago, turns out to be a solid support from now on. At least it held yesterday, which is a good sign. If this is so, we are definitely forming the next bull market with higher lows: 3100->3300->3700. And if the bulls hold this line, then soon everyone will be convinced that 2018 bear market was just a small hindrance that will be overcome really fast. Otherwise, we will have to endure the pains of 2015 pattern and have multiple bounces of $3300 area. Anyway, the time for accumulation cheap coins will be less than a year.

Many peeps don't realize it but everything below the previous ATH is cheap. My prediction is 6k by summer, 10-15k fall and at least 40k in December 2019 so yes you only have some 8-10 months to stock up.

40K this year? Not gonna happen.

Why do you think so? If we won't reach 40k I'll get a bit worried about Mr. McAffee's ummm private parts... 

Fuck McAfee.  You cannot base your view of the world on such a nutjob, and he has more than 90% chance of losing that bet.. which is either going to show him as 1) the hypocrite that he is, 2) a dumbass for making such a high personal cost bet, 3) or a crazy person if he actual follows through with such a unnecessary drama queen move.. and yeah, he would literally become a queen at that point, if he is that stupid to actually carry it out.

He will just buy 1BTC for $1m from someone whatever the actual price of BTC is. This way he can tell everybody that 1BTC is worth $1m ... for him.

Hahahahaha.. In my seemingly bitter assessment of the situation, I did not even think of that option 4.   

[JimboToronto]

Buenos dias Bitcoinland. Sitting in Cancun airport waiting for a plane to Toronto.

I see we recovered from that tiny dip a couple of days ago and we're back over $3.8k... currently $3853USD/$5145CAD (Bitcoinaverage).

Hopefully we'll head on up from here.
_______

Before any superstitious sorts start thinking my trip up will lead to some kind of rally, I should warn you that I'll be coming back down in a few days. I'm just going up to grab a few bucks and rattle a few cages.

If you paid any attention on Groundhog Day, you'd know winter still has a way to go.

[BitcoinGirl.Club]

Twitter CEO Is Buying $10,000 In Bitcoin Each Week

https://www.newsbtc.com/2019/03/05/twitters-dorsey-buying-10000-bitcoin-each-week-bullish/

Hah... he'll be (effing) rich, and will probably surpass Mark Zuckerberg's net worth.

Nice going, Jack!

EDIT: Oops, seems like V8 posted this link when I was busy in googling (and comparing) Zuckerberg's and Jack's worth.

Rich getting rich however let them come and increase the demand of Bitcoin. Soon moon! 🙂

[jbreher]

Before any superstitious sorts start thinking my trip up will lead to some kind of rally, I should warn you that I'll be coming back down in a few days.

So what you're saying is... You're gonna initiate a bulltrap followed by a beartrap?

[kenzawak]

Episode 2 of the seastead docudrama.

https://www.youtube.com/watch?v=c83TiSJ6sfA

You even get a glimpse of the interior of the seastead.

Everyone keeps requesting we show them video of the inside but neither Nadia nor I are clean freaks so cleaning has not been a priority yet. No guests means nobody to judge.

Ooh boy! A Cliffhanger!

Points for 'middle finger to oppressors'.

I think that by "finger", he meant the spar. Ouch !

[BitcoinGirl.Club]

Much respect for this guy while I believe his words.

[xhomerx10]

Buenos dias Bitcoinland. Sitting in Cancun airport waiting for a plane to Toronto.

I see we recovered from that tiny dip a couple of days ago and we're back over $3.8k... currently $3853USD/$5145CAD (Bitcoinaverage).

Hopefully we'll head on up from here.
_______

Before any superstitious sorts start thinking my trip up will lead to some kind of rally, I should warn you that I'll be coming back down in a few days. I'm just going up to grab a few bucks and rattle a few cages.

If you paid any attention on Groundhog Day, you'd know winter still has a way to go.

 Bitcoin has already rallied up 3.5% only on anticipation of your return.  You can't go back!  Please stay!!  Safe travels

[Toxic2040]

Before any superstitious sorts start thinking my trip up will lead to some kind of rally, I should warn you that I'll be coming back down in a few days.

Thats what you think..we are deploying teams as we speak to keep you detained for at least a little while in the great white north. We know the rally magic involves sub freezing temperatures and copious amounts of alcohol...do not resist.

 

So what you're saying is... You're gonna initiate a bulltrap followed by a beartrap?

You keep drinking that kool-aid big block bear.. 



I wonder when a good time is to tell him that was my tabbaki spitoon outta my jeep..