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

[Biodom]

Suddenly, we are approaching almost a 2/3 share of ALL cryptoassets.

maybe.. "We are back, we are baaaack, we are baaaaack"

https://www.youtube.com/watch?v=WgnlzesChRc

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[JayJuanGee]

commence primary ignition

Did litecoin (the tail) tell you to say that about the dog?



 

I couldn't resist.   

not this time

LTC been sucking dog balls lately

Learn something new everyday, I did not know that tails had mouths.     but I did know that in recent times, a lot of shitcoins are showing decently high levels of negative price trends, as compared with bitcoin, which bolsters previous assertions that I had made that shitcoins tend to serve mostly as BIG ASS unnecessary distractions rather the utility of paying attention to BIG DOG KING DADDY bitcoin. 

[sirazimuth]

The next halving has had no effect on the price - how could it since it hasn't happened yet? its a year away, so an argument can't even be made that its speculation effect of increased halving price.

Arguments can be made; they are made all the time, including an argument that efficient markets "price in" future known events, so since the halvening is a known event, the question becomes a matter of how much it is priced in rather than whether it is priced in.   

is it "halving" or "halvening"?
enquiring minds need to know....

[HairyMaclairy]

I must not chase gap ups.

Said the guy who didn't buy at $290 after the run from $210. He was right too - for awhile.

Huh?  You talking to me?

[WinslowIII]

The next halving has had no effect on the price - how could it since it hasn't happened yet? its a year away, so an argument can't even be made that its speculation effect of increased halving price.

Arguments can be made; they are made all the time, including an argument that efficient markets "price in" future known events, so since the halvening is a known event, the question becomes a matter of how much it is priced in rather than whether it is priced in.   

is it "halving" or "halvening"?
enquiring minds need to know....

You tell me, mr legendary.

[yefi]

is it "halving" or "halvening"?
enquiring minds need to know....

I think it's a Shrodinger's cat thing, so both simultaneously.

[sirazimuth]

I must not chase gap ups.

Said the guy who didn't buy at $290 after the run from $210. He was right too - for awhile.

Huh?  You talking to me?

unless he got his quotes wrong...it happens.

You tell me, mr legendary.

I wouldn't be asking if I knew, Mr Member.

[JayJuanGee]

The next halving has had no effect on the price - how could it since it hasn't happened yet? its a year away, so an argument can't even be made that its speculation effect of increased halving price.

Arguments can be made; they are made all the time, including an argument that efficient markets "price in" future known events, so since the halvening is a known event, the question becomes a matter of how much it is priced in rather than whether it is priced in.   

Let's face it. Bright/Dumb/Clueless/Newbie...at this point of adoption of Bitcoin we are just kinda 'winging it', as they say.

There might be a certain amount of inability to know, but we are not flying blindly.

We are investing in an asset class that has an asymmetric probability of return, so even if matters do not play out exactly as we hope or as much as we wished, we are facing an issue in which we are likely to become rich as fuck, even if the matter is not guaranteed.


Some of us have already gotten rich as fuck off of this matter, and even though the continued getting rich as fuck is not guaranteed, those of us who stay into bitcoin and continue to accumulate and hodl btc are likely taking advantage of an imbalance of information, and the gullibility of the stupid ass fence sitters who are scared to get in or the no coiners who refuse to get in.  Of course, there still are a decent number of folks who are not sufficiently educated about bitcoin and who will come around to investing into bitcoin, and as early adopters, we are likely to be advantaged by their late entrances, too.

Just not enough info.

I think that there has been enough information for a while, but some people have not been sufficiently introduced.  Other people are confused by the misinformation, yet good information is available for anyone ready, willing and able to engage in due diligent research into the matter and hopefully don't get too distracted by bad information in the process.

Most of us I think are running on what info we think we may glean from all this and our 'gut' feelings on Bitcoin and such.

I doubt that you are fairly characterizing people in this space, even though you might be attempting to characterizing your own sentiments about it and then projecting those sentiments onto the rest of us.

Chump or Champ.

We will be the first to know I guess.

I will grant you that there are some people who are more on the frontline than  others, and surely these are still early days, but again, I doubt that the level of uncertainty is anything near what you are expressing.  You seem to be stuck in 2011 (or you are talking that way), and a lot of questions have been answered and a lot of infrastructure has been built and a lot of networking effects have advanced since 2011.


Maybe you are in a time warp, searing?  Snap out of it!!!!!!!!!



Searing.  I must say that it was for your own good, and someone had to do it.

[Biodom]

The next halving has had no effect on the price - how could it since it hasn't happened yet? its a year away, so an argument can't even be made that its speculation effect of increased halving price.

Arguments can be made; they are made all the time, including an argument that efficient markets "price in" future known events, so since the halvening is a known event, the question becomes a matter of how much it is priced in rather than whether it is priced in.  

is it "halving" or "halvening"?
enquiring minds need to know....

halving-from an old english word (Middle english, possibly the proper way to write/say it)
halvening-sounds cool (like 'quickening')

[JayJuanGee]

The next halving has had no effect on the price - how could it since it hasn't happened yet? its a year away, so an argument can't even be made that its speculation effect of increased halving price.

Arguments can be made; they are made all the time, including an argument that efficient markets "price in" future known events, so since the halvening is a known event, the question becomes a matter of how much it is priced in rather than whether it is priced in.  

is it "halving" or "halvening"?
enquiring minds need to know....

Either one... we all know what is being referred to, no?

is it "halving" or "halvening"?
enquiring minds need to know....

I think it's a Shrodinger's cat thing, so both simultaneously.

Better yet..... in other words, exactamente, yefi!!!!

[WinslowIII]

I must not chase gap ups.

Said the guy who didn't buy at $290 after the run from $210. He was right too - for awhile.

Huh?  You talking to me?

unless he got his quotes wrong...it happens.

You tell me, mr legendary.

I wouldn't be asking if I knew, Mr Member

Ok, you got me. My answer is both mean the same thing when talking about bitcoin. Happy?

[JayJuanGee]

Suddenly, we are approaching almost a 2/3 share of ALL cryptoassets.

maybe.. "We are back, we are baaaack, we are baaaaack"

https://www.youtube.com/watch?v=WgnlzesChRc

Don't get distracted by that watered down referent... Yeah, they can put all kinds of coins into it, but the reality of the matter is that bitcoin is king, even if they put a bunch of other crap in there that even could cause BTC to shrink to some minor percentage of the total... They will probably put libra and the dollar in there some day too.  So who the fuck cares regarding the exact number?

[sirazimuth]

Ok, you got me. My answer is both mean the same thing when talking about bitcoin. Happy?

dude... it wasn't meant as a put down. I honestly wanted to know.
But I can't say I blame you if you thought I was being snarky... cuz I usually am.

[xhomerx10]

I must not chase gap ups.

Said the guy who didn't buy at $290 after the run from $210. He was right too - for awhile.

Huh?  You talking to me?

unless he got his quotes wrong...it happens.

You tell me, mr legendary.

I wouldn't be asking if I knew, Mr Member

Ok, you got me. My answer is both mean the same thing when talking about bitcoin. Happy?

dude... it wasn't meant as a put down. I honestly wanted to know.
But I can't say I blame you if you thought I was being snarky... cuz I usually am.

  There can be only one.

[sirazimuth]

  There can be only one.

ok, thank phuck we got that sorted....

[bkbirge]

is it "halving" or "halvening"?
enquiring minds need to know....

It's halfling.

[sirazimuth]

Later wo bros... Gonna go fly my drone now and spy on the neighbors.
....2nd thought, I'd better not.
Drinking and drone flying not a good combo....

[jojo69]

nothing to see here

$1x,xxx bitcoin, same old ordinary boring ass shit. 

Totally normal.

[sirazimuth]

The Bitcoin and Egretia whales are colluding.You heard it here first....

[d_eddie]

I envy those that can actually trade the short term waves with enough consistent certainty to make a better long term profit than just holding. I'm not sure I've ever actually met one of those mythical traders, they might be unicorns.

If aiming realistically and conservatively, it doesn't take a unicorn to do that. I guess more than a few such people are reading and writing these very pages. It doesn't even take a WO peep (well, just as a brainwasher maybe). Case in point: JJG's mom could do that almost in her sleep, but decided not to be bothered cause she prefers to enjoy life.