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

[d_eddie]

Things where diversification does not lead to benefit:

• Shitcoins "investments"
• Drugs
• Women

First item OK... but the other two?  Are we going crazy or what?

[Lambie Slayer]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

I know you all could care less but if the party takes place in the U.S. I could not attend. I was a green card holder but used my regular (foreign) passport when entering the U.S. in 2003. They were about to throw me in jail for a couple of years because of this but was deported instead with life long forbidden re-entry. kind of sucks because half my family lives in the U.S.

I understand tough that Vegas makes sense.  

Sorry to hear that! This is however why Im proposing multiple parties to solve all our problems. We could space them out a bit so some people could attend both.

[El duderino_]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

I know you all could care less but if the party takes place in the U.S. I could not attend. I was a green card holder but used my regular (foreign) passport when entering the U.S. in 2003. They were about to throw me in jail for a couple of years because of this but was deported instead with life long forbidden re-entry. kind of sucks because half my family lives in the U.S.

I understand tough that Vegas makes sense.  

Doesn't need to be Vegas and V8 stop b*tching and make sure your there when it happens!!!! As we just have seen me and LFC meeting went super well, what about Opsec, we only saw each face and if we wouldn't wanna exchange any further details then NP ....
But what would that meetup be whiteout the Legendary V8 ....

[LFC_Bitcoin]

Doesn't need to be Vegas and V8 stop b*tching and make sure your there when it happens!!!! As we just have seen me and LFC meeting went super well, what about Opsec, we only saw each face and if we wouldn't wanna exchange any further details then NP ....
But what would that meetup be whiteout the Legendary V8 ....

Yeah, we even introduced our gf’s to each other. Make sure you fucking come V8

[El duderino_]

Meanwhile Corn go the other way .........

[fillippone]

Things where diversification does not lead to benefit:

• Shitcoins "investments"
• Drugs
• Women

First item OK... but the other two?  Are we going crazy or what?

Holding a PORTFOLIO with more than one woman is recipe for disaster.

You can bet one at a time, no problem,long term or day trading very high turnover: no problem.
You can leverage and go long two or more different women for very short periods of time. risky, but no problem.
But investment...man we are talking about long term. Two girls is going to collapse. Transaction costs and BS management is going to kill you.

Same with drugs.

[MrFreeRoMan]

Understanding Cryptocurrencies: Game of Thrones Edition



Edit:

Please help with the correct display!

when preview before publishing everything looks great! But displays incorrectly

[infofront]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

Just shut up and get on the plane you old curmudgeon.

[infofront]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

I know you all could care less but if the party takes place in the U.S. I could not attend. I was a green card holder but used my regular (foreign) passport when entering the U.S. in 2003. They were about to throw me in jail for a couple of years because of this but was deported instead with life long forbidden re-entry. kind of sucks because half my family lives in the U.S.

I understand tough that Vegas makes sense.  

It seems like we'll end up with a party on each side of the pond, with options to go to either or both.

[VB1001]

#Bitcoin aiming for 100trillionUSD (after 2028)?!
All physical commodities are nicely lined up on the stock-to-flow / market value grid.
I added diamonds (S2F19, market value $1.5trn).
Bitcoin seems to grow towards the 1 free spot on the S2F periodic table

https://twitter.com/100trillionUSD/status/1136569340692770816

PlanB every day surpassing, BTC>Rocket.

edit:

Great work as always! If we pessimistically project (straight line) the MC of BTC to 50T some day and remove the aprox 4M BTC lost,
it will get us to a BTC price of aprox. $3.000.000/BTC. Stack them sats man!!

https://twitter.com/Wuuzzaa1/status/1136582427403534337

[infofront]

^ That escalated quickly.

[d_eddie]

Things where diversification does not lead to benefit:

• Shitcoins "investments"
• Drugs
• Women

First item OK... but the other two?  Are we going crazy or what?

Holding a PORTFOLIO with more than one woman is recipe for disaster.

You can bet one at a time, no problem,long term or day trading very high turnover: no problem.
You can leverage and go long two or more different women for very short periods of time. risky, but no problem.
But investment...man we are talking about long term. Two girls is going to collapse. Transaction costs and BS management is going to kill you.

Same with drugs.

I see your point with women. My point is, if you're really long and have a really diversified portfolio, you're good to go. Transaction costs do go up a bit, but being long implies fringe costs aren't an issue. Besides, management overhead goes down as long as each of the assets (liabilities?) agrees or at least knows she's not the one (implying replaceability) and she's the one afraid of the holder going short.

As for drugs, what would life be without a good assortment (in reasonable moderation)? Doing the same stuff over and over can be habit forming. Change is your friend. Or at least it's mine   Well, if one doesn't do "nasty" stuff anyway.


As a little OT digression, the corn looks tired today. Low 7k's might be on the short term horizon. [Insert standard full SOMA disclosure.]

[Paashaas]

The virus keeps spreading.

European football giant Benfica announced they’d be accepting bitcoin and Ethereum payments. Now, fans of the Portuguese Primera Liga champions can pay for match tickets and club merchandise using cryptocurrency.

https://www.ccn.com/euro-football-club-accepts-bitcoin

[fillippone]

#Bitcoin aiming for 100trillionUSD (after 2028)?!
All physical commodities are nicely lined up on the stock-to-flow / market value grid.
I added diamonds (S2F19, market value $1.5trn).
Bitcoin seems to grow towards the 1 free spot on the S2F periodic table

https://twitter.com/100trillionUSD/status/1136569340692770816

PlanB every day surpassing, BTC>Rocket.

edit:

Great work as always! If we pessimistically project (straight line) the MC of BTC to 50T some day and remove the aprox 4M BTC lost,
it will get us to a BTC price of aprox. $3.000.000/BTC. Stack them sats man!!

https://twitter.com/Wuuzzaa1/status/1136582427403534337

I am a great admirer of Plan B, but this graph has a great problem:
Diamonds are way more common than tough on the Earth, and the only reason why they retain an high value is strict supply side management by the only one producer of such.
De Beers not only manage roughly 90% of Diamond production, carefully managing how much diamonds get on the market (so they are actually able to tilt the SF on the upside), but also are controlling the nascent business of artificial diamonds.
They are using their massive financial power to buy and put out of business every artificial diamond producer, threatening the production of diamond at a lower price than anyone else can sustain (seems counter intuitive, but dumping the nascent market is actually very effective way to put a lot of competitors out of business).
 

[Gyrsur]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

I know you all could care less but if the party takes place in the U.S. I could not attend. I was a green card holder but used my regular (foreign) passport when entering the U.S. in 2003. They were about to throw me in jail for a couple of years because of this but was deported instead with life long forbidden re-entry. kind of sucks because half my family lives in the U.S.

I understand tough that Vegas makes sense.  

It seems like we'll end up with a party on each side of the pond, with options to go to either or both.

folks, I just will attend if I can stay anonymous and only in countries with no death penalty because of OpSec.

I'm this guy here:


EDIT: not possible for me to eat something the whole time but I'm able to drink with straw.

[fillippone]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

I know you all could care less but if the party takes place in the U.S. I could not attend. I was a green card holder but used my regular (foreign) passport when entering the U.S. in 2003. They were about to throw me in jail for a couple of years because of this but was deported instead with life long forbidden re-entry. kind of sucks because half my family lives in the U.S.

I understand tough that Vegas makes sense. 

It seems like we'll end up with a party on each side of the pond, with options to go to either or both.

folks, I just will attend if I can stay anonymous and only in countries with no death penalty because of OpSec.

I'm this guy here:


EDIT: not possible for me to eat something the whole time but I'm able to drink with straw.

My name is Giovanni Gyrsur, but everybody calls me Gyrsur.

[cryptjh]

The Wall Street Journal Business Section - Some Bet Bitcoin Price Could Reach $50,000
https://www.reddit.com/r/Bitcoin/comments/bwnzos/wsj_business_section_some_bet_bitcoin_price_could/

[bitserve]

^ @Gyrsur No problem. There are some awesome beverages that are particularly suited to be drank from a straw:
 
https://www.youtube.com/watch?v=CQknBk_xNtE

[Gyrsur]

^ @Gyrsur No problem. There are some awesome beverages that are particularly suited to be drank from a straw:
 
https://www.youtube.com/watch?v=CQknBk_xNtE

great! I'm in.

My name is Giovanni Gyrsur, but everybody calls me Gyrsur.

from where you did get this? my first name is Walter and my second name is Giovanni because my mother is Italian. Damn! OpSec fail!

[VB1001]

DARPA-Funded Study Looks at How Crypto Chats Spread on Reddit

A U.S. Department of Energy science lab has been studying studying how well three popular cryptos performed in Reddit chats.

According to a press release provided exclusively to CoinDesk, data analysts at the Pacific Northwest National Laboratory (PNNL) measured the speed and scale of discussions related to three cryptocurrencies, bitcoin, ethereum, and monero, on Reddit. For the study, they crunched data covering a three-year span from January 2015 to January 2018.

Of the three cryptos, they found bitcoin was the most discussed, with 3,600 comments posted each day. That’s far ahead of ethereum and monero, which had an average of 500 and 380 comments per day, respectively.

https://www.coindesk.com/darpa-funded-study-looks-at-how-crypto-chats-spread-on-reddit

Now investigating the number of posts about Bitcoin.
Bitcoin will be an obligatory study economics subject at the university.