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

[lightfoot]

Ah yes, GE. Weren't they they ones who pioneered "forced ranking" which is a great way to get employees to turn against each other for company profit?

Fuck em.

[1713261252]

1713261252

[HairyMaclairy]

Fair enough point, but I still would be hesitant to put all my eggs in one basket, no matter what my age.  Of course, if you are real young and barely just living on your own (moving out of the parent house or even living with parents and in the early stages of building your wealth), then in those cases, you usually do start with just investing in one thing while you are building your portfolio, and then you might start to expand out with the passage of time.  If you only have one investment because you are just starting to invest, then probably in those kinds of circumstances, you might start out with bitcoin... perhaps?  Those are somewhat individually tailored decisions concerning how diversified any person needs to be in terms of cash flow and projected expenses, too.

It also depends on your income. I'm not 20 but still at the start of my career, without a good diploma, so not a great salary. Most of my savings go towards my company's stock, as it's making a matching contribution, it's a safe bet I can't overlook. I was in the stock market but sold everything as it became scary, two years later it has basically not moved (French stock market), so I just lost some dividends, but got peace of mind. Overall I'm 30% company stock, 30% cash, 40% BTC, with BTC's share quite volatile obviously. At current prices I couldn't even buy 1BTC/year so not really worth it, better keep cash and buy when it's lower. I want to put the company stock and some/most of the cash towards a home with a small mortgage on top, after that I might put more money towards BTC, but not even sure, I'd like some land, maybe a bit of forest.

You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, and yeah, I agree that we should not be making the bulk of our investment decisions and/or allocations based on such unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there, such as roach and like-thinking acolytes of similar dumbass mindsets)

In that case you also need physical gold, stashed at home. An ETF or whatever is useless. Stashing at home has its own downsides.

Seriously consider selling part of your company stock for other stocks

Right now, if your company goes under, you lose your job and your investment at the same time.  

For me, that risk is too concentrated.  

[aesma]

It's a very large company (part of the CAC40 index), it trades a lot with governments etc., it can't really go under. I would sell some if I could, but I have to wait 5 years, quit the job, or buy a home to be able to sell it.

[HairyMaclairy]

Ok understood.  Hopefully Bitcoin can be your hedge 

[zhekinsp]

My heart was broken when I see the prices hitting $9500 few hours earlier then decided to take a nap then again hurray $10K is on the screen.

I think I need to sleep for few more days to bring the prices to $15K.

[HairyMaclairy]

I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.

Here is a good article explaining the protests:

 https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau.  

[bkbirge]

I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.

Here is a good article explaining the protests:  https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau. 

China is not in the same situation as Soviet Russia was economically or politically based on my very cursory and casual reading of the news, I'd be very surprised if China doesn't get a handle on this. I'll go read that article, thanks for sharing.

[makrospex]

For those watching alts, check out stakeey.com for some cool ways to diversify your crypto holdings through art

wrong thread.

[Biodom]

Here is a good article explaining the protests:  https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau. 

China is not in the same situation as Soviet Russia was economically or politically based on my very cursory and casual reading of the news, I'd be very surprised if China doesn't get a handle on this. I'll go read that article, thanks for sharing.

How do you know in what situation they are?
Getting handle on this?
I am surprised that US is not supporting Hk all the way.
What happened to pro-democracy stance?

[Hueristic]

I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.

This should be interesting, but won't the state run banks just close? China is a dictatorship at the end of the day no matter how they try to wrap it.

Here is a good article explaining the protests:

 https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union. 

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau. 

Thanks Hairy.

[bkbirge]

Here is a good article explaining the protests:  https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau. 

China is not in the same situation as Soviet Russia was economically or politically based on my very cursory and casual reading of the news, I'd be very surprised if China doesn't get a handle on this. I'll go read that article, thanks for sharing.

How do you know in what situation they are?
Getting handle on this?
I am surprised that US is not supporting Hk all the way.
What happened to pro-democracy stance?

I don't think the end of the Soviet Union has a lot of parallels with the current HK crisis. China is not a bankrupt oligarchy with a large unhappy population. The US should support HK's pro democracy push, but I seriously doubt this will be the spark that brings down Communist China.

[bkbirge]

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow
The shit is hitting the fucking fan. That's what happening in HK.
Tomorrow will be a good day.

This should be interesting, but won't the state run banks just close? China is a dictatorship at the end of the day no matter how they try to wrap it.

I'd tend to agree but it will be interesting to watch.

[cAPSLOCK]

<...>

When Legendary, HM?

Activity between 775 and 1350 ....

Its random

I was lucky

A poker player makes his own luck.

[Raja_MBZ]

Judge Blasts Craig Wright’s Evidence, ‘Inconsistent’ Testimony in Kleiman Trial

https://www.coindesk.com/judge-blasts-craig-wrights-inconsistent-testimony-extremely-speculative-evidence-in-kleiman-trial

[LFC_Bitcoin]

For those watching alts, check out stakeey.com for some cool ways to diversify your crypto holdings through art

[Lambie Slayer]

I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.

Here is a good article explaining the protests:

 https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau.  

If the communist party in China falls and we see the ultimate and final "China Unbans Bitcoin" we will soar to 100k in a matter of months

I was too young to know what was going on in Tiananmen Square when it happened and I think the media brainwashed me as a child to just remember some guy standing on a tank. I was reading up on it the other day and holy shit, I didnt know the commies killed 2500 to 10k protestors 

Fuck these cunts, I hope the CIA sends lots of weapons and advisors to Hong Kong. Im usually with my future ex wife Tulsi Gabbard on avoiding regime change but not when its an antibitcoin regime, then I go full hypocrite


https://www.youtube.com/watch?time_continue=636&v=-6Wu0Q7x5D0 here is a cool 19 minute video of the history of the world. They need to add Bitcoin to the timeline, but other than that its pretty good.

[kurious]

Financial conduct authority UK - Crypto

https://www.fca.org.uk/publications/policy-statements/ps19-22-guidance-cryptoassets

That was a long read - but it seems pretty to take a pretty reasonable approach.  They ain't gonna ban a thing, and Bitcoin and similar crypto currencies are not going to be regulated at all in themselves.

Nice spot, Globb0!

[zhekinsp]

For those watching alts, check out stakeey.com for some cool ways to diversify your crypto holdings through art

WO security breach,but

via Imgflip Meme Generator

[BitcoinGirl.Club]

via Imgflip Meme Generator

Altcoiners are homeless of course 🤪

[infofront]

I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.

Here is a good article explaining the protests:

 https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau.  

If the communist party in China falls and we see the ultimate and final "China Unbans Bitcoin" we will soar to 100k in a matter of months

I was too young to know what was going on in Tiananmen Square when it happened and I think the media brainwashed me as a child to just remember some guy standing on a tank. I was reading up on it the other day and holy shit, I didnt know the commies killed 2500 to 10k protestors  

Fuck these cunts, I hope the CIA sends lots of weapons and advisors to Hong Kong. Im usually with my future ex wife Tulsi Gabbard on avoiding regime change but not when its an antibitcoin regime, then I go full hypocrite


https://www.youtube.com/watch?time_continue=636&v=-6Wu0Q7x5D0 here is a cool 19 minute video of the history of the world. They need to add Bitcoin to the timeline, but other than that its pretty good.

I was friends with a Chinese law school classmate about 10 years ago. I remember a conversation we had about Tienanmen Square. I mentioned something about the "Tienanmen Square Massacre". He looked really confused, and said, "What about Tienanmen Square?"
Me: You know, when the Chinese army crushed the protestors in '89
Him: *Really confused look*
Me: *Pulls up wikipedia page*
Him: *Skims through it quickly* This never happened.
Me: Sure it did. There are lots of photos, video, eyewitnesses
Him: Sounds like western propaganda *Starts getting angry*
Me: *Pulls up some documentary video on youtube*
Him: *Watches 3 minutes* THIS NEVER HAPPENED! *Walks away*