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

[mindrust]

Dude it is mindrust,

not MindTrust 

Dude, I've also been reading it wrong this entire time. It just reads as "mindtrust" in my head, up until today. Just wanted to cross post this here instead of cluttering the raffle thread.

You are not alone. 

Saw many doing the same mistake lately.

WTF is going on here? Mindtrust, remove your negative feedback. My account isn't for sale. And I also did not got hacked, but I'm going to change my password right now, just to be sure!

Another one. 

[serveria.com]

If Bitcoin gets to around say $20k even by the middle of next Summer, I think my head will explode.

You seriously think BTC can't pump $9k in a year? If it won't reach $20k by the end of this summer (ok ok end of year latest) that would mean the beginning of a new bear market and we won't reach $20k during this cycle at all. But it's so improbable and it's so NOT BTC.

[Biodom]

...a few reasons to just keep your stuff in cold storage (safety deposit box in my case) along with the segit info above.

Safety deposit box in a bank?
A historical reference:

FDR EO 6102
https://en.wikipedia.org/wiki/Executive_Order_6102


https://www.presidency.ucsb.edu/documents/executive-order-6102-requiring-gold-coin-gold-bullion-and-gold-certificates-be-delivered

Well, I figure by the time society/Gov't is after me and it is that far gone, it won't matter. I also figured that IF a meteorite takes out my bank, well the crypto gods hate me!

I 'suppose' I should make a copy to another bank in another state, in case of the 'Zombie Apocalypse'

What you state above, does not really matter in my case, in that when BTC was evil in 2013 my bank manager informed the SEC I was an 'evil crypto trader' in that in 2013

all BTC was for drugs/hookers/etc. Thus at least for 2 weeks going into the bank before the SEC guy phoned and had a meeting about this. I was a 'true' desperado with

all the side looks and side talk when I went to the bank to do my business. I cleared it all up with my mining CPA signed Tax Return of 2014, made the bank manager look

like an Idiot. Thus have been 'legal as hell' from that point on.

So I'm afraid the powers that be already have my number, in that I had to tag my bitcoin addresses etc to my

taxes (at least in my own files). Thus, doomed.

I will, however, let everyone else know when the above as you state happens so others can flee. Alas. My fate is likely sealed.

Brad

I am not talking about taxes, but an interesting story. I never used safety deposit box because i have no idea how safe it actually is (judging by the movies).

A somewhat unrelated "rant":
I think people under appreciate the difficulty (or maybe lack thereof?) of selling substantial $$ value of btc to fiat.
I intend to fully pay taxes (same Q) on whatever gains I would made when I sell, but transferring $$ from coinbase to a bank would probably require some talking to a banker first, I assume.
Bob opined before that there were no problem in his case (Gemini?), but I would approach it cautiously if and when the time comes (if ever).

[VanguardVale]

Bull candlesticks are banding along the upper Bollinger Bands setting the pace for further gains. Technically-and in light of the hype element, every low is an entry point. Safe stops would be on June 23rd low of around $10,100. Meanwhile, fitting targets is at $12,000 and later $15,000. From June 19th, trading volumes rose from 19k, peaking on June 23rd at 38k before halving to 17k. Even so, as bulls flow back, prices and trading volumes shall spike as every dip becomes a loading point for traders.

[El duderino_]

https://gallery.fitbit.com/details/7a16871b-5016-4adb-9f33-bfd793e50d4c
^

[cryptjh]

92 Sats per Cent ($0.01 US Dollar) also knowns as the Reverse bitcoin price chart
https://twitter.com/ChartsBtc/status/1143164898278383617

[El duderino_]

On August 24, 2018 I called for Bitcoin to drop 50% to $3k before rallying back over $10k.

That call was deadly accurate and allowed Morgan Creek Digital to buy the dip.

Here is my next price target.

offthechain.substack.com/p/bitcoin-is-l…

https://twitter.com/apompliano/status/1143131557827211266?s=21

He must read the W.O.

Duuuuh where else would he get his info.... he reads the HM overlay and sh*t

[Raja_MBZ]

https://gallery.fitbit.com/details/7a16871b-5016-4adb-9f33-bfd793e50d4c
^

Not a fan of smartwatches but this Fitbit seems very interesting. It looks so easy to design and integrate any sort of code you want into it (https://dev.fitbit.com/), just like the one you shared (AcidClock) which shows you the BTC (and some other crypto) values in real-time.

[El duderino_]

https://gallery.fitbit.com/details/7a16871b-5016-4adb-9f33-bfd793e50d4c
^

Not a fan of smartwatches but this Fitbit seems very interesting. It looks so easy to design and integrate any sort of code you want into it (https://dev.fitbit.com/), just like the one you shared (AcidClock) which shows you the BTC (and some other crypto) values in real-time.

Yeah same for me I have that Iphone watch but never wear it, I prefer my other pieces more 

But as you say its just a sweet gadget

[El duderino_]

Reich up your street: Viral sensation ‘Hitler House’ available to rent

https://www.rt.com/uk/358665-hitler-house-swansea-viral/

r0ach moving out?

[CryptoNeed]

Reich up your street: Viral sensation ‘Hitler House’ available to rent

https://www.rt.com/uk/358665-hitler-house-swansea-viral/

r0ach moving out?

So dumb. I lol'd.

[cryptjh]

Since bitcoin was created, we have only seen 70 days where the price of bitcoin was higher than it is right now.

https://steemit.com/bitcoin/@jrcornel/bitcoin-fun-fact

[realr0ach]

Befehisleiter:  The turkey is in the pot.  I repeat, the turkey is in the pot.

[marcus_of_augustus]

2017 version of my better half: "Why you did not sell [some number] at 10K, you promised, you promised."
2019 version of the dialogue: "Should I, hon?" "Oh, no, keep it, don't you dare."
Got myself a "keeper"   .

it's possible that he sold some calls...I distinctly remember him selling some puts before (not sure if it worked out or not).

You referring to Trace Mayer, Biodom?  

Are you suggesting that he is talking his book?  or his analysis is off in some kind of way?  

Personally, I would suggest that Trace Mayer's analysis is off because it seems to suggest a kind of gradualism in the coming months and even years.  I know that he is showing how fair value progresses, but bitcoin does not tend to progress in any kind of short-term gradualism.

Perhaps, the former, but maybe also the latter as you discussed.

Trace doesn't really strike me as a guy who talks his book.  I mean he got in when the price was in the single digits, and I believe, even fractions of a dollar, so I get the sense that he has quite a surplus of wealth in the sense that additional wealth is not something that motivates the way that he talks about bitcoin, except to mostly be a bull.  There is a bit of sense that he might be suggesting that BTC's market is a little bit overheated at the moment. 

Even the price points that he mentioned in his chart, left out December 2018, which would show BTC bouncing from an even more dire situation to its current over-exuberant status , which again show how wild, outrageous and quasi-unpredictable bitcoin can act.  It is quite possible that bitcoin goes into a kind of "very overvalued status" (which would be light blue), and then corrects back down to get a second bubble post halvening.. which would make sense in a kind of early and late 2013 scenario playing out over the next two calendar years.

I think that Trace Mayer is no dummy, so he recognizes the vast array of possibilities, and likely mostly HODLs through the vast majority of these price UPs and DOWNs while skimming some profits off of the top, here and there to support whatever living expenses that he has and any extra business ventures that he considers getting into on the side of his having fun with ongoing bitcoin evangelism activities.

Trace talks his book. e.g. runtogold.com

[realr0ach]

Trace talks his book. e.g. runtogold.com

He apparently doesn't understand what the word "tangible" means.  Just another pump and dump scammer trying to get people to buy his imaginary, valueless, permissioned ledger, digital shitcoin scam that doesn't exist anywhere except in your imagination.  He compares digital shitcoins to gold hoping goyim idiots will be stupid enough to believe they're the same thing when they're not:

[marcus_of_augustus]

I love empty 2 GB blocks.

What people fail to realize is a paid subscription service that copies data hourly from an existing website (http://OpenWeatherMap.org ) and pastes it into BSV blocks accounts for 98.4% of BSV transactions over the past 30 days

Beautiful. That's worth the hundreds in disk space that I have to pay for to maintain my blockchain history. I love keeping track of the weather.

they forked to a shitcoin version that removed spam protection .... and guess what? ... it's getting spammed to death.

whoulda thunk eh?

[JayJuanGee]

Since bitcoin was created, we have only seen 70 days where the price of bitcoin was higher than it is right now.

https://steemit.com/bitcoin/@jrcornel/bitcoin-fun-fact

For anyone interested, right here on this forum, dooglus provides a more accurate update in 5 currencies for the top 100 days on a regular and rolling basis.

https://bitcointalk.org/index.php?topic=138109.msg51586144#msg51586144

[realr0ach]

[dyask]

Trace talks his book. e.g. runtogold.com

He apparently doesn't understand what the word "tangible" means.  Just another pump and dump scammer trying to get people to buy his imaginary, valueless, permissioned ledger, digital shitcoin scam that doesn't exist anywhere except in your imagination.  He compares digital shitcoins to gold hoping goyim idiots will be stupid enough to believe they're the same thing when they're not:

Almost all modern money is intangible with the exception of a very small amount of it being currency which is mostly printed on almost worthless paper.   Metals are tangible but they also aren't really money anymore.   Just look at the horrible performance of metals over the past few decades.   Here is a site that can help with that. https://inflationdata.com/Inflation/Inflation_Rate/Gold_Inflation.asp



Gold ... a pretty stupid investment!

P.S.  No wonder roachy looks so grim.

[realr0ach]

^Nobody needs to see retard drivel and lies claiming metals are not tangible and bitcoins are.  Cry and lie as much as you want, it's 100% impossible for imaginary, valueless, designed to centralize, permissioned ledger digital shitcoins to defeat metals on Exter's pyramid.