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

[El duderino_]

Where you add??

[1715131184]

1715131184

[1715131184]

1715131184

[jojo69]

^ Mt. Stupid

[El duderino_]

Big, important thread alert:

There is a lot going on in Europe that feels like it's coming to a head soon... probably by the end of the summer. The EU economy is in mild recession...

https://twitter.com/RaoulGMI/status/1147878009870983169

We have to buy and HODL BTC

[jojo69]

Big, important thread alert:

There is a lot going on in Europe that feels like it's coming to a head soon... probably by the end of the summer. The EU economy is in mild recession...

https://twitter.com/RaoulGMI/status/1147878009870983169

We have to buy and HODL BTC

Actually, I would recommend buying and hodling some 7.62x39 in y'alls' situation...but that's just me.

[600watt]

I see the Bitcoin propaganda machine is in full flow...


https://insidenewsd[link removed]

See you all at C

That’s a link to a Ponzi scheme you have posted.

that bbc banner is twisted. it is not making millions wealthy. it is making the wealthy millions. 

[P_Shep]

Where you add??

"I'm never going to understand this"

And I've been at it for 9 years.

[AlcoHoDL]

I see the Bitcoin propaganda machine is in full flow...

https://insidenewsd[link removed]

See you all at C

That’s a link to a Ponzi scheme you have posted.

that bbc banner is twisted. it is not making millions wealthy. it is making the wealthy millions.  

That BBC banner is Photoshopped... And the entire article links to a Ponzi scheme that's so obvious that whoever falls for it deserves to...

...jonoiv in desperation mode... LULZ!

[600watt]

Where you add??

"I'm never going to understand this"

And I've been at it for 9 years.

shitcoiners are always on "i know everything".

[Biodom]

Big, important thread alert:

There is a lot going on in Europe that feels like it's coming to a head soon... probably by the end of the summer. The EU economy is in mild recession...

https://twitter.com/RaoulGMI/status/1147878009870983169

We have to buy and HODL BTC

Very informative. Bonds are going into a 'black hole' in EU.
Why people are still buying them? When this 'crazyness' is going to end?
The rec of a $, bonds, gold and bitcoin mix sounds kind of weird, albeit I agree on no equities, though.
BTW, here are the news on DB restructuring:
https://www.cnn.com/2019/07/07/investing/deutsche-bank-layoffs/index.html

[FrodoBagHolder]

Those are beautiful but I already had my eye on another   Agreed about Patek Phillippe, I am aiming for a smaller case.

Oooooh! What are you looking at?

For classic wristwatches nothing will beat a 1950's Hamilton Ventura or Pacer for incredible style. The Van Horn is very nice and traditional, and these are smaller than the new watches so they fit better on my wrist.

I am looking at the Nomos Glashütte Tangente. Not quite in the same price range as the ones you have mentioned but a reliable everyday dress watch (which is what I’m looking for - more of a starter piece). At least that’s what the research I have done suggests

[JayJuanGee]

I see the Bitcoin propaganda machine is in full flow...


https://insidenewsd[link removed]

See you all at C

That’s a link to a Ponzi scheme you have posted.

Why would jonoiv give any shits about whether the information that he posts is accurate or misleading or reckless?

There seems to be both a bit of recklessness and desperation with jonoiv's current state, anyhow, even though s/he/it is likely only dealing with less than  a .5BTC personal stash anyhow.  Go figure.


Edit:

[edited out]

[size=3pt.....]...jonoiv in desperation mode...

AlcoHoDL seems to have beat me to mentioning jonoiv's apparent ongoing desperation status.

[JayJuanGee]

Only 3-4 days left to Super Golden Cross. Price staying above $10k is bullish as fuckk. New ATH in October or November.

I can't be the only who sees the powerful upside momentum... right?

Yep...  I can kind of feel it, too.....

And, I am thinking that every once in a while there seems to be some merit to a kind of BTC price pressure dynamics that is showing within various chart presentations, even when we cannot rely with certainty on those current or historical price dynamics to continue in the direction that they seem to be inclined.

[FrodoBagHolder]

Hello WO’s happy 7/7.  I am considering buying a watch from the site prestigetime using a (small) part of my stash. Wondering if any of y’all have experience with purchasing a watch with the corn? Obviously hate to part with any at this juncture, but do like supporting that BTC economy  

You can buy and replace, too.

Or at least buy and then set some BTC prices in which you will replace, if the price gets that low, which can be at whatever level you deem to be reasonable for your situation.

Ya I have my typical DCA’s and also am a habitual dip-buyer so it would almost certainly get replaced. Still always hard to part with BTC, but I am quite taken with the watch...

Sounds reasonable to mention the topic of spending BTC or considering ways to spend BTC in a prudent way, and of course, a lot of us know about Gresham's law which signifies that we should be attempting to spend our less good money before we spend our better money, but we also should appreciate a current reality that BTC had pumped 3.3x from  it's $4,200 base to $13,880 - yet our current price of about $11,560 is about 2.75x above that springing off base price.

Anyhow, there are certainly a few different prudent ways to balance out some kind of spending of BTC in this price area.... Of course, some of the devil can be in the details, too, such as how much of your stash are you spending, and where are you at in the process of accumulation, maintenance or liquidation... and of course, there are some other considerations that might factor into the matter too.

By the way, you are mentioning that you really want a watch, and watches can have some utility, status and cosmetic value.  A few years ago, I had thought that I had graduated away from wearing watches, but in recent times, I had also returned to wearing a watch, so sometimes we don't really realize some changes that might just come upon us, perhaps watches are coming back into fashion a bit in recent times, too?

Yes I am typically hesitant to spend BTC due to Gresham’s law, but I do need a new watch, and in light of our recent uptrend figure this is a good time to both take a small profit and make a transaction with my BTC, so it’s a bit of a win-win in my eyes

[JayJuanGee]

The disparity in sentiment continued, as price dipped briefly back down into four figures, the CSO of Binance was predicting a rally to $100k. Thankfully that dip didn’t last long, and Bitcoin price seemed to find a floor at $10k. In fact, if this might be the last opportunity to ever buy Bitcoin for less than $10,000.

or this as this guy prodicted..   sub 3k here we come



https://in.tradingview.com/chart/BLX/wqEJBf88-Is-Bitcoin-correction-really-over-or-is-it-a-Bull-trap/

below 2k somewhere in 2021? This is insane.
*I can bet $1000 he is wrong

Are you going to bet?

You would likely need escrow in the event that jonoiv is wiling to take you up on such a proposed bet.

[JayJuanGee]

Anyhow, there are certainly a few different prudent ways to balance out some kind of spending of BTC in this price area.... Of course, some of the devil can be in the details, too, such as how much of your stash are you spending, and where are you at in the process of accumulation, maintenance or liquidation... and of course, there are some other considerations that might factor into the matter too.

It's always tough to sell bitcoins for frippery, but at the same time I don't want to die suddenly with a huge stash. So a nice thing every once in awhile can be fun even if you realize the nice phone you bought a few years ago is not worth $6,000 today :-)

Certainly, I have nothing against spending some BTC here and there, yet each person needs to take responsibility for the significance of what s/he is doing.

Those claims about two pizzas being worth $115 million today is a bunch of fucking whiny retrospective bullshit.  If you don't want to spend your 10k bitcoins on two pizzas, then don't do it, but don't be whining about how much they would have been worth because it s largely irrelevant.  Lazlo certainly does not express himself like that, even though there are some folks who regret selling their bitcoins, but in my view, their framing of the issue is a bunch of damned nonsense.. and ultimately they made a choice, and their choice not to replace their bitcoins or even to have spent some other kind of money is still a choice that is water under the bridge, spilt milk, largely irrelevant, and other like expressions etc etc etc.


 

By the way, you are mentioning that you really want a watch, and watches can have some utility, status and cosmetic value.  A few years ago, I had thought that I had graduated away from wearing watches, but in recent times, I had also returned to wearing a watch, so sometimes we don't really realize some changes that might just come upon us, perhaps watches are coming back into fashion a bit in recent times, too?

They can be things of beauty. They can also be exceptionally flashy monstrosities which I guess is beautiful to some people. For myself they have both utility and beauty purposes and remind me that I always have a backup skill (watch repair) that I can fall back on if I get sick and tired of my current profession.

Part of the reason I prefer to wear a 12s or a 16s pocket watch instead of an 18s, too flashy.

Certainly, you seem to have a decent amount of specialized knowledge in the watch direction, including an ability to differentiate between expensive watches, and like I mentioned before, sometimes, some of us might acquire tastes (even tastes for expensive items) that we did not believe that we had, and part of the reason is our lil fiend, bitcoin.   

[HairyMaclairy]

Spending 10BTC on a watch is madness

[mindrust]

Only 3-4 days left to Super Golden Cross. Price staying above $10k is bullish as fuckk. New ATH in October or November.

I can't be the only who sees the powerful upside momentum... right?

Yep...  I can kind of feel it, too.....

And, I am thinking that every once in a while there seems to be some merit to a kind of BTC price pressure dynamics that is showing within various chart presentations, even when we cannot rely with certainty on those current or historical price dynamics to continue in the direction that they seem to be inclined.

But bruh...

That 200/350MA cross is not the same thing as 50/200 cross you knew. This is a lot more powerful indicator than that.

See that post:
https://bitcointalk.org/index.php?topic=178336.msg51633879#msg51633879

Only happened twice before;

The first one sent the price from $7 (hard to imagine i know) to $1200 (x171)

The second one did $400 to $20k (x50)

This one can't fake us. 50/200 faked us before in 2015. See this chart: https://www.tradingview.com/chart/DL4HQwBW/

200/350 cross is a sure bet. I'd say 99.9% bullish.

[JayJuanGee]

Where you add??

"I'm never going to understand this"

And I've been at it for 9 years.

To me, it seems really difficult to perform any kind of possibly accurate self-assessment, even though it does seem to me that I am at least beyond the "huh?" status.

[HairyMaclairy]

Just assume you don’t know everything and you will be fairly safe

[FractalUniverse]

The disparity in sentiment continued, as price dipped briefly back down into four figures, the CSO of Binance was predicting a rally to $100k. Thankfully that dip didn’t last long, and Bitcoin price seemed to find a floor at $10k. In fact, if this might be the last opportunity to ever buy Bitcoin for less than $10,000.

or this as this guy prodicted..   sub 3k here we come



https://in.tradingview.com/chart/BLX/wqEJBf88-Is-Bitcoin-correction-really-over-or-is-it-a-Bull-trap/

below 2k somewhere in 2021? This is insane.
*I can bet $1000 he is wrong

Are you going to bet?

You would likely need escrow in the event that jonoiv is wiling to take you up on such a proposed bet.

i have no problem with putting it into escrow. it would have to be some long-term reliable one though.