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

[JayJuanGee]

(am I running out of words)

my suspension of disbelief is unwilling

Hahahaha

You seem a bit disgruntled in "our relationship" as if:  I screwed you over too many times, by saying that I am "running out of words," then somehow I end up coming up with moar.  

Maybe advise grandma (purposefully left ambiguous regarding whose grandma   ) to stop delivering chocolate and cream oatmeal cookies, and maybe that will help?    

[Cryptotourist]

You are taking NASA language LOL

The question is not "when moon".

The question is what moon.

Exactly.
Any moon on Proxima b Centauri, would be nice.

+1 WO's merit!

[fillippone]

You are taking NASA language LOL

The question is not "when moon".

The question is what moon.

Events to celebrate:

1. WO page parity
2. 100,000 BTCUSD
3. WO Post parity
4. Gold Parity (BTC capitalisation equals Gold Capitalisation) circa 350,000 USD
5. MOON 385,000 BTC USD
6. PHOBOS 56,000,000 BTC USD

This is more or less in inverse order of relevance to me!
Hopefully

[jbreher]

Interesting if say LFC or Mic would sell all their btc now (hypothetically) and convert it to silver where would they keep all that silver? They would probably need a separate room at the very least. Maybe even a separate building or keep it in a bank vault?  

Cashing out or relocation would then require a semi truck to carry out 

At today's prices, it would take somewhat over 100 BTC to make a million USD. 100 BTC in silver would be over a third of a ton. Good luck hoisting that in your Bug Out Bag.

[JayJuanGee]

Interesting if say LFC or Mic would sell all their btc now (hypothetically) and convert it to silver where would they keep all that silver? They would probably need a separate room at the very least. Maybe even a separate building or keep it in a bank vault?  

I just googled, silver in the UK seems to be £420 ish for 1KG so yeah I think all of us would need a large space to convert our HODL stash into silver.

It’s be a lot easier to keep physical gold at £37,000 per kilo.

I won’t lie, there is something mesmerising about physical gold. I can imagine walking into a room stacked high with physical gold bars & being amazed.

I much prefer my chances of immense wealth through bitcoin though.

Carrying around anything more than a few kilos would become quite tiring.  I find carrying around a trezor and/or cell phone and/or computer and/or a paper wallet (I am not so enthused about paper wallets) or keeping some words in my brain for transport to be much more liberating, but I agree with you that having some of the gold, sometimes,  might be a beautiful sight, but such beautiful sight does not seem worth all of the other hassles and attempting to either move it around, secure it or to divide it up.

[Wilhelm]

This is like an Indian train with passengers falling off.
Can't wait for the weak hands hanging on the side to get lost.

[jbreher]

Silver requires too much space.  Only reason to hold more than 1 kg or so of Ag is if you think TEOTWAWKI is coming... 

I dunno, despite my observation upthread. A standard $1000 face value bag of junk silver is like 54 pounds. So while I wouldn't want that much in a BOB, it might be handy to have at minor-to-mid crunch.

[JayJuanGee]

Come on everyone!

ACCUMULATION.

Please Pamoldar.. ... don't admit that those are your ideas......

That's some pretty simplistically pathetic history.    

It's like an outline of ideas from someone who just learned basics about bitcoin and then becomes proud to show the depth of his knowledge.

Furthermore it is like 2014 and 2015 did not even happen, and personally, those were the years that I solidified my relationship with baby BTC

Also, not even any ideas about 2019, despite our being half way through the year.  

oh gawd, if we have thought leaders like that, please help us......


 

[Cryptotourist]

[machasm]

Now I go to a pub to have a GinTonic (hendricks) of course, after celebrating with my wife the 29 anniversary of married, a good white wine, fish and seafood.

Tomorrow hangover.  

If you see a big green dildo tonight, it's me who will be pushing hard, If it’s a red candle, I’ve fallen asleep.

Good weekend to everyone.

Which tonic water do you recommend with Hendricks?
Still got a half full Bottle at home...

I am a little partial to fever tree elderflower tonic myself with Hendricks with a slice of cucumber.

[serveria.com]

Come on everyone!

New ATH! 

[Raja_MBZ]

Market cap $300B

[jojo69]

Come on everyone!

2021, World bank announces addition of BTC to the basket of currencies underpinning the SDR.

[fillippone]

Come on everyone!

2021, World bank IMF announces addition of BTC to the basket of currencies underpinning the SDR.

FTFY jojo.
SDR (and C. Lagarde) are from IMF.
I definitely see that coming. Maybe not 2021, but it’s going to happen.

Did you see this news?
ECB’s gold sales deal with European central banks lapses

The European Central Bank will not renew an agreement with 21 European central banks that limited sales of gold, highlighting how attitudes toward the metal have changed since the global financial crisis.

No later than six months ago Italian government tried to sell their gold and got stopped by ECB. Now they will force Bank of Italy (fourth gold stock holder) to dump their gold.
No good for Italy,
No good for gold
No good for bitcoin in the short term, bullish log term (EUR will be shittier than before).

[Biodom]

UK sold their gold at $250  
It basically tells you that almost no government knows anything about markets.
Maybe, Swiss gov does.

Are we going to come out of the weekend at $9500 or $10100?

[realr0ach]

Disregard shitcoins.  Acquire physical silver.

Agree re shitcoins other than change to: Acquire physical gold and/or physical platinum.  

Silver requires too much space.  Only reason to hold more than 1 kg or so of Ag is if you think TEOTWAWKI is coming...  For holding larger wealth, Au is best.  Pt is also good, especially if you are an optimist, if you think the world economy will continue to grow.

You don't seem to understand how to make money.  The goal is to buy the most underpriced asset, and silver is currently far cheaper than gold in historical terms.  Nobody who is trying to make money buys gold instead of silver when the GSR is 90:1.  Claiming "it's too heavy" is like claiming someone in your town is giving away free brand new cars but you don't want any because "they're too heavy".  

Not to mention the fact there's something like 1/4th as much above ground silver now as during the 1980's highs while above ground gold supplies have doubled since then.  Silver seems highly deflationary until the price vastly increases to warrant recycling while gold is inflationary.  I don't know the exact number, but I've seen people claim it requires a silver price of $300 to warrant extracting it from computers.

[Syke]

Are we going to come out of the weekend at $9500 or $10100?

There's your answer. Pump initiated!

[realr0ach]

There's your answer. Pump initiated!

Shitcoiners going wild off 1% movements now...

[aesma]

Nice green dildo there !

[Ibian]

fomo time?