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

[BitcoinGirl.Club]

I have mowed the lawn and slept, what the fuck has gone on with the price today, i see pictures of nice asses and green snow monsters.

This means bull run is ahead 🤪

[_javi_]

Are we going below $10k?

They are trying..
But I see a small rebound as i type.. observing 10140 again..

bakkt hype was weak, it seems.

go BTC go!!

[Biodom]

Hey, guys, I am sure there is a book/ebook, maybe two or three on this board (or much more): Bob, jbreher, lambieslayer, JJG, HM, micg, LFC, Searing, sorry if I missed any other candidates willing to share.

Don't let alts take all the glory:
https://www.amazon.com/Confessions-Crypto-Millionaire-Unlikely-Corporate-ebook/dp/B07VBS7Z5K/

[BitcoinGirl.Club]

Are we going below $10k?

Not a big deal. We it's been two days we are moving up and down.

[BitcoinGirl.Club]

There was Bakkt hype this morning, well fuck I missed that.

What kind of thing it is? Sound like a none English word. Phuket, Bakkt LOL

[STT]

Gold didnt rise because an ETF was invented, I realise that passive investing has been a growth trend but gold has been a net purchase by central banks for over a decade now.  The long term holders and users most determine a price.  We hit a generational low in 2000 for Gold and its been up from there since and gold moves in giants footsteps of a decade each stride.   ETF is in the wake of the move just like BTC as an ETF I think would be similarly.


I didnt realise BTC dominance was so high 5 years ago, if anything I was far more involved in alt coins when it was still kinda a new idea.   I always liked proof by stake for its efficiency and low cost but seems the market has not taken it up so much as I hoped.   Now its tokens on the ETH blockchain or similar, smart move by them to encapsulate that sector.

one CRUCIAL ingredient in your Gold-Bitcoin comparison:

inflationary rate for Gold might be as a ratio to oil as part of its costs, likely supply expansion.  

Oil is cheap or some would say gold too expensive :p

I have this guy in my funny list but of the two possible walls I cant argue with the idea the returns on this option are likely far better.

[JSRAW]

Usually I avoid posting or replying on nudity. But can't help this time so please accept my apologies.

Just remember I am same guy who use words like "pee pee" or "sin" when referring to @i*k or **x jokes. Because good amounts of wo's brothers are senior here in terms of age, experience etc and I respect this line of control very much. 

[aesma]

For the first time I caught a top, and for the first time I caught a bottom, I guess smaller orders are easier to fill (1BTC and 0.5BTC) :

[katrinmi]

For the first time I caught a top, and for the first time I caught a bottom, I guess smaller orders are easier to fill (1BTC and 0.5BTC) :

[gembitz]

For the first time I caught a top, and for the first time I caught a bottom, I guess smaller orders are easier to fill (1BTC and 0.5BTC) :

timburrrr    lel

[El duderino_]

lel

[HairyMaclairy]

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, ... 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)

Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding?

A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst.

- jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia

Noted:  Jbreher admits to being one of the armagaeddon nutjobs.  Hopefully, you, jbreher, are not staking too much of actual value (more  than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication)  on such an unlikely scenario.

I don't know when, but I'm 99% certain there will be a grand worldwide monetary reset within my lifetime. Perhaps as early as next week.

Oh gosh... That seems to be a high level of certainty that you are placing on something that I attribute, approximately 1% odds.

Maybe that is part of the explanation for our differing views?

Perhaps, but likely only in respect to closely-related topics.

Q: Do you believe the insiders (e.g., Paulson, Geithner, Bernanke, et al) who stated back in 2008 the world was close to a complete and total financial meltdown?

Q: What changes enacted since then to stave off the possibility of further such events have actually made progress towards that objective?

1.  Well they need to justify Troubled Asset Relief Program, and the various Quantative Easing programs. Reality is we will never know because we don’t get to run alternative simulations.

2. There are a ton of changes that have been made to the financial system since, such as the amount of margin banks are required to hold and reducing lending against toxic instruments. That lending now tends to come from shadow banking institutions and hedge funds.

Whether pushing the toxic crap out to hedge funds helps the stability of global financial system remains to be seen. Either way you can be assured the world’s governments would just bail the banks out again.  The precedent has already been set.

In short, there is no particular reason to think the next financial crisis will tip over the apple cart.

[HairyMaclairy]

Why, suddenly, there is a discussion on whether bearish opinions are even welcomed.
You can be a short term bear, but long term bull. Heck, you can even be a long term bear as long as you describe your opinion intelligently.
Here, like on the stock boards, some people always mistake an opinion with an ability to influence the price.

I was teasing mindrust.  Sorry humor is tricky online.

If any consolation I am not really bullish for another 1.5 months. We need to wait for October.

[Wilhelm]

Current Bitcoin movement feels like priming a trebuchet. Feels like at any moment it will launch and go to 15k in a short burst.  

[sirazimuth]

I was there when Vitalis Butylene came to the Bitcoin Center in New York City in 2014 to flog his token.

Is that a euphemism?   If not, it ought to be...

ha ha, I see what you did there , kinda like ...

shake the shank
polish the probe
flap the foreskin
yank the yheti
rub the rebar...

..that sort of thing....

[El duderino_]

Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet....
But still manage to not do the F***ed Up toilet pic

[Wilhelm]

Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet....
But still manage to not do the F***ed Up toilet pic

Don't forget to taste the whiskeys Bro 

[El duderino_]

Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet....
But still manage to not do the F***ed Up toilet pic

Don't forget to taste the whiskeys Bro 

I did stopped with it for a second, Maybe in the Winter I Will retry them

Also just noticed you’re recent? Legendary as well??

[Wilhelm]

Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet....
But still manage to not do the F***ed Up toilet pic

Don't forget to taste the whiskeys Bro  

I did stopped with it for a second, Maybe in the Winter I Will retry them

Also just noticed you’re recent? Legendary as well??

I've been around since Bitcoin was $90 or so.
Every now and then I check my substantial holdings and read and post a bit

Just checked: Ok I've been here 4 years longer than you 

[El duderino_]

Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet....
But still manage to not do the F***ed Up toilet pic

Don't forget to taste the whiskeys Bro  

I did stopped with it for a second, Maybe in the Winter I Will retry them

Also just noticed you’re recent? Legendary as well??

I've been around since Bitcoin was $90 or so.
Every now and then I check my substantial holdings and read and post a bit

Just checked: Ok I've been here 4 years longer than you 

On the forum yes

At BTC also I was only around when it was around 350-ish