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

[bitserve]

As you guys know (or should) I always keep an eye on www.coinatmradar.com to see how it grows.

Is there anyone here other than Mr. Toronto who actually uses these things? They seem weirdly quaint an idea to me. Literally everywhere else will give you a better rate on average.

I don't, but probably "normies" do... so that's adoption. I prefer the rates of exchanges because I don't care using banks, KYC and all that shit.

Also the rates on some are very reasonable and overall seem to be lowering the fees on average due to increasing competition. So all is cool.

On my next holiday to Vegas I do plan to use them and try to support all my cash expenses from it. This year I won't be going, hope summer 2020 has a good enough price so that I don't care withdrawing some..... Just saving on the exchange rate from euro to usd would probably compensate it.

[ssmc2]

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649ff36c0396bb9ce951425614a32129d8d54c0144895ef4e7a

$302 million Tether O_O

what does this mean. new tether created or moved?

Created 

[Raja_MBZ]

Oh well.

Zoom out.

3d interval still looks OK.

While staring at the 3-Days chart, I observed something interesting. After today's candle close in green (very hopefully), this will be the first time ever since the all-time-high that we'll have 8 green candles out of last 10.

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649ff36c0396bb9ce951425614a32129d8d54c0144895ef4e7a

$302 million Tether O_O

what does this mean. new tether created or moved?

Created 

Yes!

[Biodom]

The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

[jbreher]

It feels bumpy right now, but it's kind of a scalper's paradise (while it lasts).

XD

[rdbase]

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649ff36c0396bb9ce951425614a32129d8d54c0144895ef4e7a

$302 million Tether O_O

what does this mean. new tether created or moved?

Created 

I guess this is why the price is falling from $5.6k suddenly since yesterday.
No wonder none of the altcoins rose up in price at the same time as btc did which I found odd in the first place.

[Raja_MBZ]

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649ff36c0396bb9ce951425614a32129d8d54c0144895ef4e7a

$302 million Tether O_O

what does this mean. new tether created or moved?

Created 

I guess this is why the price is falling from $5.6k suddenly since yesterday.
No wonder none of the altcoins rose up in price at the same time as btc did which I found odd in the first place.

[Dabs]

Created tether means it can be used to buy BTC or other coins on exchanges that accept tether.

[HairyMaclairy]

The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

Agreed the casualisation of the workforce is corrosive to society. How is anyone supposed to raise a family if they have 5 jobs?   It’s a shit way to live.

[Last of the V8s]

sorry LFC 

[bitserve]

The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

Agreed the casualisation of the workforce is corrosive to society. How is anyone supposed to raise a family if they have 5 jobs?   It’s a shit way to live.

Who has 5 jobs?

And why would someone that needs *5* jobs decide to start a family? That seems completely reckless and irresponsible. Next they will be asking for social funds because they had more babies than they could afford to support by themselves.

[HairyMaclairy]

It is not unusual for immigrants to hold down 4 - 5 low paid jobs, working in car parks during the day and restaurants at night.  They are normal people and want to have families.

Edit:

With the increased casualisation of the workforce, an increasingly larger proportion of the workforce is being forced into insecure work to pay their bills.  

In the last couple of years we are starting to see high paid professional jobs like accountants, doctors, bankers and lawyers being converted into insecure contract roles.  

[bitserve]

It is not unusual for immigrants to hold down 4 - 5 low paid jobs, working in car parks during the day and restaurants at night.  They are normal people and want to have families.

I see two jobs there.... anyway... I understand they want to have families, I do want many things (probably less expensive than a  multi-child "family") but it would be my choice to have X number of jobs to support it... and I couldn't complaint about it because that would be the life I would have chosen. What I mean is that they could have chosen an easier life, so it is not that they have been forced to work as slaves all day and night.

I don't really think anyone needs several jobs just to sustain themselves.

[HairyMaclairy]

Do you think they want five jobs?

[bitserve]

Do you think they want five jobs?

Absolutely not. But they CHOSE a life their pockets cannot pay for... without several jobs.

[HairyMaclairy]

Keep in mind this is part time shift work, not full time permanent.

Could you live on 10 hours of work per week at minimum wage?   They need 5 jobs to get 40 - 50 hours work a week.

[bitserve]

Keep in mind this is part time shift work, not full time permanent.

Could you live on 10 hours of work per week at minimum wage?

How much would that be translated to yearly income? You would be surprised on how little I can *survive*....

Anyway, this isn't about me.

Yeah, if those works are just 10 hours a week, you would need to do 4 or 5 to fill a reasonable 40-50 hours work a week. Which doesn't even sound that slavish though.

[BTCMILLIONAIRE]

Altcoins are droping even more than bitcoin and bitcoin dominance is rising. In my unprofessional opinion we will see money flowing back to bitcoin soon. The rocket is just fueling up.

Swings aside, during the bull market altcoins gain dominance over Bitcoin. This effect can be expected to increase over the years as equity becomes tokenized.

[El duderino_]

sorry LFC 

F***ed up

[BTCMILLIONAIRE]

The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

Agreed the casualisation of the workforce is corrosive to society. How is anyone supposed to raise a family if they have 5 jobs?   It’s a shit way to live.

By not having a family if they failed to plan for and luck into sufficient wealth. Having kids without being able to support them is corrosive to society, especially if you start complaining on an industrial scale about how unfair the world is for not making up for your poor life choices.