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

[Last of the V8s]

don't think anyone was attacking you, congrats on the job.
anyway, it is more complicated

https://www.fca.org.uk/news/press-releases/fca-proposes-ban-sale-crypto-derivatives-retail-consumers
51st State wants to copy big Daddy by banning consumers from futures and CFD's
which I concede in a way. if you can't obfuscate your ip address, you'll probably lose money on deribit or simplefx
but annoying because who the fucking fuck do these airtight arseholes think they fucking are. bitcoin is the sovereign not Boris, and we will lose our money howsoever we goddam please.

edit: lolk

Our rules prevent any firm (UK or non-UK) from marketing CFD-like options to UK clients. However, we did not think it would be proportionate, practical or effective to seek to apply our rules to overseas firms, including EEA firms, not supervised by the FCA and subject to different rules in their own jurisdiction. Therefore, where a UK-based client contacts an overseas firm on their own initiative, that firm may still sell those products, if they are permitted in their own jurisdiction

just fuck off
uk sites fucking awful anyway https://www.ig.com/uk/forex/markets-forex/bitcoin-1 fucking 40$ spread. scam

seems like they just want rid of ig-alikes but realise they can't overreach, so in fact simple and deribit will still be usable after all?

[HairyMaclairy]

In all fairness, try being the poor sucker journalist that has to write sensibly about Arsenal’s latest match, the Spratly islands, methamphetamine addiction in Bromley, the new All-New Ford Kuga, whisky tasting and Bitcoin.   And then be judged by experts in each area.

Shit is hard yo.  

If Mr. England needs any help with Arsenal's latest match, whiskey tasting, and bitcoin, I volunteer!  Hell, I'll do the whiskey tasting article pro-bono, but that may prevent me from getting to the rest of the story.

Funny bastard. 

Also to be fair, Arthur Hayes is a slippery cunt

[El duderino_]

I am prepared!!!

[Biodom]

At the moment, I am not very impressed by the lower highs and lower lows.
That said, it would be nice to pop up above 12.5K (so i can lose yet another Q game, lol).

[Ibian]

"ill suited to ordinary consumers"

translation; profits like these are only for the elites

Don't you have fields to plow peasant?  Tax time is coming up.

Literally this.

The dollar has lost something like 98% of its purchasing power since it stopped being backed by gold. But wealth does not simply disappear. It is transferred. This is the greatest theft from normal people to the wealthy elite in all of human history. And bitcoin is the antidote.

[Searing]

I would call journalism a joke except it's not funny either

Bitcoin is the 'perfect' story to sell papers or get web site eyeballs on your web ads.

story 1

Bitcoin is great the 1/2 of the public who think this is true buys into this media...the other half also buys in case they are wrong and bitcoin is a scam!

story 2

Bitcoin is a scam the 1/2 of the public who think this is not true buys into this media...the other half also buys in case they are wrong and bitcoin is a not a scam!

Rinse/Wash/Repeat

The stories 'write' themselves in a good/bad back and forth, easy content, easy money. This will be the case forever.

Also, the more DRAMA like Craig Wright the 'fakesatoshi' the more volatility...the different threads you can branch off for stories on either the great/scam threads above

thus multiplying the eyeballs to your advertisements.

Bitcoin to the news media is ALMOST as good as a cute little war, not quite, but close.

[Globb0]

"ill suited to ordinary consumers"

translation; profits like these are only for the elites

Don't you have fields to plow peasant?  Tax time is coming up.

See now you saw what I saw.


Then I imagined that table of the percent increase per year.


=Mismatch; how do they get away with it?

[cryptjh]

Bitcoin yearly candles with price chart background
Bitcoin is up 206% YTD

https://twitter.com/ChartsBtc/status/1146424655349075968

[Searing]

"ill suited to ordinary consumers"

translation; profits like these are only for the elites

Don't you have fields to plow peasant?  Tax time is coming up.

True. I see a future when BTC price goes (perhaps) parabolic again and again,

then, likely, my descendants will be using that exact same phrase.

"Don't you have fields to plow peasant?  Tax time is coming up."

Is that not how that saying goes? The first generation makes money, 2nd generation maintains money, 3rd generation pisses the money away?

Damn, they will likely be 'assholes', perhaps this future Bitcoin Parabolic wealth should go to my cat? hmmmmm?

Brad

[Ibian]

"ill suited to ordinary consumers"

translation; profits like these are only for the elites

Don't you have fields to plow peasant?  Tax time is coming up.

True. I see a future when BTC price goes (perhaps) parabolic again and again,

then, likely, my descendants will be using that exact same phrase.

"Don't you have fields to plow peasant?  Tax time is coming up."

Is that not how that saying goes? The first generation makes money, 2nd generation maintains money, 3rd generation pisses the money away?

Damn, they will likely be 'assholes', perhaps this future Bitcoin Parabolic wealth should go to my cat? hmmmmm?

Brad

There is a simple solution to that. Leave nothing behind.

The only people suited to inheriting wealth are the kind of people who are able to create it in the first place. So raise your kids to be that kind of people and never worry about the future.

[El duderino_]

Going into that very very very early HODLsleep

Goodnight WO-bro’s

Btc keep up the pump

BoB please do please your Karhu!
Its just needed for us all.

[podyx]

[El duderino_]

Still awake to see this pump

[LFC_Bitcoin]

Still awake to see this pump

I can’t sleep, it’s really hot. Just picked up phone & caught this pump. Might stare at charts for a bit.

[Old Geek]

So, BTC is back up. Fitting nicely into the fib channel (whatever that means), still on the parabolic curve (whatever that means), retracement is not complete (whatever that means), news hawk continue to shank bitcoin so their employer can maintain the ad whore levels, and I don't care. Bitcoin is going to go where it wants to go. Namely up. Maybe a few dips and divots from time-to-time, but the future is decidedly up.

Now, a serious question with a few caveats: Caveats first. I'm gonna go out on a limb and assume that the population of regulars on the WO are spread, somewhat, along these lines: ages 20s 60%, 30s 15%, 40s 15%, and the remainder 50s plus. The percentages don't really matter all that much, they just help me visualize the group as a whole.

Now, again, I believe that most here are what I would call 'bag holders'. Those who have accumulated a stash and have no plans to divest any substantial amount. You do realize that you are the bankers of the future, don't you?

So my question to you all: Have you considered your exit plans?

I fit comfortably in the smallest percentile by age, so this is something for me to seriously consider. Right at this moment I believe that I will begin to withdraw fiat in small amounts when the price stays at 20k or above. Considering my current health, I believe that I have some ten, or so, years to withdraw most of my coins. I have already done some estate planning so that my administrator will, hopefully, know what to do when I pass.

Side note: I've tried retirement twice. It didn't stick either time. Too much time to do nothing much. Youth is wasted on the young.

So, what are your exit plans?


/OG

[El duderino_]

Still awake to see this pump

I can’t sleep, it’s really hot. Just picked up phone & caught this pump. Might stare at charts for a bit.

[El duderino_]

[aesma]

You can all thank me, every time I sell some coins, the price jumps.

[Old Geek]

You can all thank me, every time I sell some coins, the price jumps.

Thank you. Sell some more. Joking of course.

[El duderino_]

Going into that very very very early HODLsleep

Goodnight WO-bro’s

Btc keep up the pump

BoB please do please your Karhu!
Its just needed for us all.

It's the vegetarian diet your girlfriend has you on, you're running out of caloric energy to stay awake and now are falling asleep dreaming of eating pork. Mic you need a rack of ribs and a beer stat!

Though from all the meat I ate before..... the least I ate was pork

Now let me HODLdream of eating a Green Dildo (no homo  )