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

[El duderino_]

The longer it builds, the higher it will end up...

Don't we all love the building moments, brick after brick to then smoothly claim the 5-dig zone forever

[1714004808]

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[fillippone]

Long post, but interesting read.
Read as a very informative lesson, using bitcoin lenses everything has a different twist.


Paradigm Shifts

by Ray Dalio

Identify the paradigm you’re in, examine if and how it is unsustainable, and visualize how the paradigm shift will transpire when that which is unsustainable stops.

Conlusion of the post.

Most people now believe the best “risky investments” will continue to be equity and equity-like investments, such as leveraged private equity, leveraged real estate, and venture capital, and this is especially true when central banks are reflating. As a result, the world is leveraged long, holding assets that have low real and nominal expected returns that are also providing historically low returns relative to cash returns (because of the enormous amount of money that has been pumped into the hands of investors by central banks and because of other economic forces that are making companies flush with cash). I think these are unlikely to be good real returning investments and that those that will most likely do best will be those that do well when the value of money is being depreciated and domestic and international conflicts are significant, such as gold. Additionally, for reasons I will explain in the near future, most investors are underweighted in such assets, meaning that if they just wanted to have a better balanced portfolio to reduce risk, they would have more of this sort of asset. For this reason, I believe that it would be both risk-reducing and return-enhancing to consider adding gold to one’s portfolio. I will soon send out an explanation of why I believe that gold is an effective portfolio diversifier.

Dalio is speaking of physical gold.
Roach will have an erection fot that.
But we all know BTC is the new gold.

Don't worrk, memes will follow this post.

[Globb0]

Are we gonna crush the 10K again soon-ish ?

And be on our way to the 15K-ish zone?

Come on BTC and goodmorning WO’s

Maybe we should get a $10k hat?

Oh wait.

Once you wear an higher price cap, the old one get disposed and it is not wearable anymore.

Very accurate..... you know the game

Hat achievement unlocked 15K

[kurious]

The longer it builds, the higher it will end up...

Don't we all love the building moments, brick after brick to then smoothly claim the 5-dig 6-dig zone forever

FTFY 

[El duderino_]

The longer it builds, the higher it will end up...

Don't we all love the building moments, brick after brick to then smoothly claim the 5-dig 6-dig zone forever

FTFY 

Haha but mean first 5 dig, to not wall below into 4 anymore..... Then again brick by brick to claim 6 dig forever

[HairyMaclairy]

For what it’s worth (which is very little), daily RSI is down to 45ish. 

[BitcoinGirl.Club]

Good afternoon brothers!

Sad to see kenzawak got hacked. Hope he gets his account back again. https://bitcointalk.org/index.php?topic=5165924.0

Anyway, observing @ $9,852

We are good and building strong.

[gentlemand]

An interesting thing for anyone here who actually trades. Coinbase will tell you what big willies are doing - https://www.ft.com/content/59f5e8c2-a899-11e9-b6ee-3cdf3174eb89

[BitcoinGirl.Club]

Here you go Bhai, i am sure @Hueristic skipped some pages too - My Biased point of view-

My man! Owe you 🙂

[BitcoinGirl.Club]

I will never be a millionaire through BTC.
I hope in a dream world 1 BTC could be worth say 5000 USD maybe 20 years from now.
I could buy a nice house mortgage free.
All a dream though of course.

WOW, you are the man! @LFC_Bitcoin
We have already seen $19k+

What's your next frustration? 🤪

[realr0ach]

Dalio is speaking of physical gold.
Roach will have an erection fot that.
But we all know BTC is the new gold.

Unless you can create blocks of pure energy that can easily be traded, stored, and harnessed to do work like in the Transformers cartoon called "energon", there's no such thing as a "new gold" or silver.  Until you can do that - probably never unless it involves something insane like anti-matter but that's too volatile - then money - the base of Exter's Pyramid - will always be a non-perishable, physical commodity resource such as the noble metals and not imaginary, valueless, digital timestamps which are neither resources or non-perishable.  

Bitcoin is an artificial, Keynesian, designed to centralize, Rube Goldberg machine that can die at any second from a million black swans that metals are immune to.  Not to mention the fact Bitcoin has built-in, rent seeking middlemen and doesn't remove counterparty risk, and is designed to centralize so has no fundamentals and no reason to exist.  Calling something with built-in, rent seeking middlemen "money" is a joke.  Bitcoin is simply an online video game where instead of having buttons, your only input is hash rate, and the so called "coins" are just the score card for the video game, but they aren't money just like the scorecards for other artificial video games are not money.

[BitcoinGirl.Club]

37. Kenzy got hacked, Again!! 

Yeah, noticed it few hours ago. Sad, init?

19. r0achie taking HER med on time - no name calling-

Sex change? 🤪

34. Dump, 4 digit again. mic back to pizza and soon noddles?

Haha, poor mic. Have some chicken and chips LOL

We are still doing very good. Honestly!

[realr0ach]

Trollgoossens, as a member of the evil, babylonian cult of Judaism, how often do you engage in esoteric rituals like this sacrificing animals to your god Satan?

[sirazimuth]

Don’t worry about B1tUnl0ck3r

He had an unfortunate incident with the CIA and a tub of butter.  He hasn’t been the same since.


You will be fine.  

You’re being too nice, Hairy.
He’s a frikkin lunatic with a certain obsession...nuff said.

[BitcoinGirl.Club]

Trollgoossens, as a member of the evil, babylonian cult of Judaism, how often do you engage in esoteric rituals like this sacrificing animals to your god Satan?

Politics & Society: https://bitcointalk.org/index.php?board=34.0

[Cryptotourist]

Let our WO pet be, go on r0achie .... fetch boy!



At least there is no room for more pets, aka Slavic1661Cuntonians.

[_javi_]

..and another dump coming out of nowhere 

[realr0ach]

Think I dislike Instagram even more than the Jews.  Jews are hideous so they have to work or steal (usually steal) what they get.  Instagram is full of millenial trash narcissists trying to get people to pay attention to them in order to try and scam money from people somehow.  They're like a bad facsimile of Jews in other words.  Once you've witnessed demonic criminal Jew scammers like Larry Summers, it just makes you want to backhand slap these millenial grifters in the face with their lame emulation.

[ivomm]

Double bottom would be good. Higher low even better. For now it looks more like a bear trap. The support at 9K in CB is pretty good. Who knows, may be this was the critical moment when bears lost their temporary control. From now a new long bull leg could form up to 17-18K area.

[vroom]

Double bottom would be good. Higher low even better. For now it looks more like a bear trap. The support at 9K at CB is pretty good. Who knows, may be this was the critical moment when bears lost their temporary control. From now a new long bull leg could form up to 17-18K area.

oh come on, it's not the support at CB what keeps us over 9000, it's Vegeta!