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

[El duderino_]

Americans now have more than $4 trillion of collective debt for the first time in history.

$4,000,000,000,000

At some point, the bubble will pop....

via Imgflip Meme Generator

Americans will need to buy bitcoin to pay their debt.
^
More country’s Will

https://twitter.com/apompliano/status/1105285906532061184?s=21

[El duderino_]

The World Wide Web turns 30 today. That means it took the internet 30 years to get to where it is today. Bitcoin is only 10 years old.

https://twitter.com/redditbtc/status/1105359845639815168?s=21

[Cryptotourist]

Mornigzzz!

Where are you from.... my sister and mother lives in RIO, much carnaval party’s as well there
Didn’t noticed any of it @the philippenes ....

Greece dude. Genuine carnival copycats.
Just another excuse to get fucked up and not work really.

#

It's made of stone hard hodlers balls!

I was going to go with nocoiner chopped off balls.

#

Tell us why you are better off because the dodo and the passenger pigeon are extinct. <...>

Extinction, mutation & evolution is a natural process.
Only this time we are really contributing.

[Saint-loup]

[BTCMILLIONAIRE]

Americans now have more than $4 trillion of collective debt for the first time in history.

$4,000,000,000,000

At some point, the bubble will pop....

via Imgflip Meme Generator

Americans will need to buy bitcoin to pay their debt.
^
More country’s Will

https://twitter.com/apompliano/status/1105285906532061184?s=21

One could think that the increase in debt is a direct result of increase in population. However, the debt per person has been on the rise as well:




One would have to correct this for inflation and income, among other things, to get a more accurate picture, but I'm too lazy to do so myself and Google doesn't seem to deliver on that front.

[GreatArkansas]

I'm still waiting to happen this cross. My pocket is ready for this. Patience is the key!

[wachtwoord]

Hard to read in the image. HMA80 and HMA55 is it? Why these two? What does the H stand for?

[bitserve]

The World Wide Web turns 30 today. That means it took the internet 30 years to get to where it is today. Bitcoin is only 10 years old.

https://twitter.com/redditbtc/status/1105359845639815168?s=21

In fact Internet is way older than that. It is just WWW what is 30 years old. Maybe the fair comparison would be with LN... which is less than two years old.

Either way, yeah, it will need time... but not that much, because tech adoption is way faster in this age.

[Last of the V8s]

New 50p piece has a black hole in it. Pretty - and prescient.

[Last of the V8s]

^ worth 1% less since posting that

[BTCMILLIONAIRE]

The World Wide Web turns 30 today. That means it took the internet 30 years to get to where it is today. Bitcoin is only 10 years old.

https://twitter.com/redditbtc/status/1105359845639815168?s=21

In fact Internet is way older than that. It is just WWW what is 30 years old. Maybe the fair comparison would be with LN... which is less than two years old.

Either way, yeah, it will need time... but not that much, because tech adoption is way faster in this age.

The internet didn't disrupt the fiat system in the process though. So while adoption is accelerated by the internet, the fact that we're going up against a real beast could dampen the acceleration a bit (as compared to other technological advances). On the other hand, the internet didn't offer generous financial rewards to believers, which implies an acceleration. Who knows what the net result of all effects becomes. Can't wait to see how this plays out.

Haven't been this excited about emerging tech since the Nintendo sixty fouuuuuuuuuuur and the internet itself. Although I know that I'll become incontinent once we start taking the last steps towards general AI, and not because of age.



Memo to self: Stop meriting legendaries.

[vroom]

Haven't been this excited about emerging tech since the Nintendo sixty fouuuuuuuuuuur and the internet itself.

Oh come on, you can not compare the nintendo 64 with the internet, that is blasphemy

[BTCMILLIONAIRE]

Haven't been this excited about emerging tech since the Nintendo sixty fouuuuuuuuuuur and the internet itself.

Oh come on, you can not compare the nintendo 64 with the internet, that is blasphemy

Not saying they're of equal magnitude or implication. Just stating that both equally excited me.

[Last of the V8s]

Memo to self: Stop meriting legendaries.

But we needs it

[fillippone]

Americans now have more than $4 trillion of collective debt for the first time in history.

$4,000,000,000,000

At some point, the bubble will pop....

via Imgflip Meme Generator

Americans will need to buy bitcoin to pay their debt.
^
More country’s Will

https://twitter.com/apompliano/status/1105285906532061184?s=21

Dotting the i's and crossing the t's.

That impressive figures are without mortgages.
With mortgage included the figure is closing to an astonishing USD 14T!

... total household debt increased by $32 billion (0.2%) to $13.54 trillion in the fourth quarter of 2018

https://www.newyorkfed.org/newsevents/news/research/2019/20190212




It is also noteworthy to know what it inside that debt:


Do you want to be really scared?
Check this out:
US NATIONAL DEBT CLOCK : USD 22 TRILLIONS. DEBT PER CITIZEN: USD 67,000
and counting...

That is the debt of the government (federal + local g's) of the USA, compared to the first one, that is private debt.

http://www.usdebtclock.org/

[Karartma1]

Sleeping & Dreaming

[El duderino_]

via Imgflip Meme Generator

[nutildah]

How's Bohol treating you Mic? I'm getting antsy, I'm afraid your beach pictures made me jealous -- will probably do some exploring tomorrow. Run into any other Belgians in your travels?

[StartupAnalyst]

https://i.imgflip.com/2vtxyt.jpg

[Syke]

... total household debt increased by $32 billion (0.2%) to $13.54 trillion in the fourth quarter of 2018

Everyone is drowning in debt because people aren't being paid for what they produce. Time to tax the billionaires.