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

[bitserve]

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/

The guy's a billionaire and he's taking a mortgage?

 Shhhh!  He's causing more fiat to be printed thereby increasing our Bitcoin value.  Don't tell him about the compound interest!

It is cheaper to take a mortage than paying the full price directly, even for a billionaire

He's actually doing what a true believer should do. It means he doesn't need to sell (or, indeed is able to buy another) 250 or so coins in this case, while putting up the coins in collateral.

He probably has to put up double or so to mitigate against the market going down, but still, he gets to buy the house and still enjoy the moonshot which he clearly thinks is on the cards.

Its good to make the coins work for you, though there is de-anonimisation and counterparty/seizure risk of course.

Not only that. The property is also collateral... Plus all his net worth... present and future income. It's all just a publicity stunt. A good one though.

Maybe it's such good promotion, he got the loan at zero interest.  

He'd probably know some of the people involved. When you're rich and famous, you get far more for free.  There are some people who are always on the guest list - it's good for business.

I would need to read the EXACT contract in FULL. I don't believe a word of what that guy says. Anyway... good publicity stunt, that's all it matters to me.

P.S.: Oh, and I DON'T think the guy is a BILLIONAIRE. I mean, REALLY??!?!

[bitcoinPsycho]

[El duderino_]

hello 5K

[wachtwoord]

Does anyone else see bitcoinwisdom showing large price swings on high volume these week but then upon refreshing remove all trace of it without proof it ever happened with the price flattish?

Is it bugged?

Edit;

Now every refresh the last hourly volume bar drops to zero and starts recounting from zero. Very strange.

[bitcoinPsycho]

hello 5K

[BitcoinGirl.Club]

Well you need to upgrade your tires 🙂

[BitcoinGirl.Club]

hello 5K

Stay there 🙂

[LFC_Bitcoin]

BTC@ 3800$ -----> 1BTC = 1BTC

BTC@ 5000$------>1BTC = 1BTC

foreseeable future

BTC@ 20 000$---->1BTC = 1BTC

BTC@ 100 000$--->1BTC = hookers, blow & Lambos

And the story continuous

FTFY

[_javier_]

the Bitcoineta is on fire!

(you dont want to know how that Bitcoineta ended) 

[Bitcoinaire]

Does anyone else see bitcoinwisdom showing large price swings on high volume these week but then upon refreshing remove all trace of it without proof it ever happened with the price flattish?

Is it bugged?

Edit;

Now every refresh the last hourly volume bar drops to zero and starts recounting from zero. Very strange.

Yeah, I'm seeing that.

[luckygenough56]

cryptowatch same kraken is dot dot dot, whatishappening

[ThrobbingSausage]

Very nice to wake up to battle for $5,000. Also very nice to see memory pool calming down.

[erre]

I predict 6.3k in one week. This would be the last resistance, like a rocket leaving the hearth gravity, headed for the moon.

[JSRAW]

BTC@ 3800$ -----> 1BTC = 1BTC

BTC@ 5000$------>1BTC = 1BTC

foreseeable future

BTC@ 20 000$---->1BTC = 1BTC

BTC@ 100 000$--->1BTC = 1BTC

And the story continuous

Mic add "% of how many new multimillionaires" here in WO thread when BTC touching $100K mark I would say 50-60% new BTCmillionaires.

Rule yourself, bitserve, LFC out from this list, your status is a quite clear and good amount of regulars too.

Ruling out JJG, Jimbo, Fabulous BOB and hat maker (xhomerx10) and many silent watchers who are already millionaires with the current price of BTC

Chances are roach is secret BTC hodler too.

[bitserve]

BTC@ 3800$ -----> 1BTC = 1BTC

BTC@ 5000$------>1BTC = 1BTC

foreseeable future

BTC@ 20 000$---->1BTC = 1BTC

BTC@ 100 000$--->1BTC = 1BTC

And the story continuous

Mic add "% of how many new multimillionaires" here in WO thread when BTC touching $100K mark I would say 50-60% new BTCmillionaires.

Rule yourself, bitserve, LFC out from this list, your status is a quite clear and good amount of regulars too.

To make it very clear, even at $100K I would be just barely multimillionaire. LFC has a more healthy stash than me, let's just say like double than me, maybe even more.

That being said, my expenses are very little as I am usually very frugal, so I can really live way better with less than people with way more than me.

I am poor, but proud.

[luckygenough56]

crazy to think that probably one day just 1 btc will give you 100k

[ProfTP]

Does anyone else see bitcoinwisdom showing large price swings on high volume these week but then upon refreshing remove all trace of it without proof it ever happened with the price flattish?

Is it bugged?

Edit;

Now every refresh the last hourly volume bar drops to zero and starts recounting from zero. Very strange.

Yeah, I'm seeing that.

same here , flat for the last two hours and then from 4943 to 5030 straight up.

looks nice though

same for LTC

[LFC_Bitcoin]

BTC@ 3800$ -----> 1BTC = 1BTC

BTC@ 5000$------>1BTC = 1BTC

foreseeable future

BTC@ 20 000$---->1BTC = 1BTC

BTC@ 100 000$--->1BTC = 1BTC

And the story continuous

Mic add "% of how many new multimillionaires" here in WO thread when BTC touching $100K mark I would say 50-60% new BTCmillionaires.

Rule yourself, bitserve, LFC out from this list, your status is a quite clear and good amount of regulars too.

To make it very clear, even at $100K I would be just barely multimillionaire. LFC has a more healthy stash than me, let's just say like double than me, maybe even more.

I am poor, but proud.

You are not poor!
Most people in the world dream of living in a $300,000 - $400,000 house. If you have what I think you have judging by your comment there then within 5-10 years you will definitely achieve that.

People with 1BTC in 10 years will achieve life changing money.

Edit - Depends where you live in the world too. In the UK I need a lot more to be very comfortable than for example Kylapoiss who lives in Ukraine.

[ProfTP]

I predict 6.3k in one week. This would be the last resistance, like a rocket leaving the hearth gravity, headed for the moon.

i also can see a similar shoot up in the next two or three days like we got three days ago.

something is going on in bitcoinlandia

[Olegya199]

I need a hat with that image right away.