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

[hodl_2015]

countries are reluctant to announce a possible recession publicly.

The same day my (Dutch) government secretly took over one of our largest banks, after a silent bankruptcy, they were still telling the public the crisis would not hit in our country.
The EU government is also consistently overoptimistic in all of there predictions:
https://voxeu.org/sites/default/files/image/FromMay2014/mody11febfig4.png (chart)
On the other hand, governments completely underestimated bitcoin :-)

[mindrust]

Good morning WO
Observing BTC @10,380
Observing above picture Too
Speaking of dreams:
If you want to dream, dream it bigger:

https://twitter.com/digitaliknet/status/1162367526279491585?s=21

Something for fun It shows how would next 1458 days (full cycle) look like if price change history would repeat last 1458 days. As with all other graphs this one is live so it is interesting to see how estimated ATH is changing over time.
digitalik.net/btc/cycle_repe…
#bitcoin #btc

Maybe this is the simulation McCoffee has been using.  The golden cross has the exact same start as the previous one so far.

The only bad news here is, $100k party is at least 2 years away. No party in 2020 according to that chart.

Even if we speed things up, it is still hard to break 100k in 2020 anyway. At least filbfilb says so.
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/

[Searing]

^
By the way, I wonder who are picking sex 🤪

Well, the OP is getting busy, assuming he votes on his own poll.

I was the 2nd vote, and from the votes so far then (total of 2),

I sure was not getting any.

Of course, being the OP on WO you are close to 'Godhood' in real life.

So such exotic events like that are common.

Brad

[jojo69]

Hello folks.

...


#stronghands'19

Hey heyyyyyyyy

Welcome back man!

[makrospex]

https://satoshinrh.com/

What i'm getting kind of nervous about is the fact that this webpage is currently being built, you can watch the progress. Minutes ago it was a white page with almost no content but a nonfunctional email-subscribe form. This looks authentically unprepared at amateur level. Makes me think.
4pm EDT, so two and a half hours to go.
"Tabula Rasa" sounds a bit frightening, too.

[aesma]

Regarding Armageddon, I am still suggesting that guys gotta be fucking super careful regarding how much credence that they are giving to Armageddon scenarios that are likely in the less than 1%  likelihood and h9ow much of their value are they investing into such a low likely scenario.

Do the fuck what you like, ultimately, but it is also good to attempt to grapple with the probabilities and don't be fucking investing way the fuck higher than the probabilities that you even assign to such events.  Yeah, if you happen to be an Armageddon nutjob then you are going to assign higher values to that so there is ONLY so much that normal people can  talk the dumb out of dumb, so do the fuck what you like if you are assigning higher probabilities to such situations.

To be honest what matters in an Armageddon scenario in my opinion is being fit and knowing to do basic survival stuff. Owning gold but being a fat useless guy, you're just going to get robbed/killed !

[vroom]

https://satoshinrh.com/
"Tabula Rasa" sounds a bit frightening, too.

oh noes, another satoshis vision fork.

[jojo69]

Chaldean numerology  ??

[makrospex]

https://satoshinrh.com/
"Tabula Rasa" sounds a bit frightening, too.

oh noes, another satoshis vision fork.

I'd be ok with a fork.

[HairyMaclairy]

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

[Biodom]

Regarding Armageddon, I am still suggesting that guys gotta be fucking super careful regarding how much credence that they are giving to Armageddon scenarios that are likely in the less than 1%  likelihood and h9ow much of their value are they investing into such a low likely scenario.

Do the fuck what you like, ultimately, but it is also good to attempt to grapple with the probabilities and don't be fucking investing way the fuck higher than the probabilities that you even assign to such events.  Yeah, if you happen to be an Armageddon nutjob then you are going to assign higher values to that so there is ONLY so much that normal people can  talk the dumb out of dumb, so do the fuck what you like if you are assigning higher probabilities to such situations.

Owning gold but being a fat useless guy, you're just going to get robbed/killed !

read "World war Z" (and i mean read, not the movie)
There are several interesting sub-stories there on unfit becoming VERY fit.

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.

[vroom]

Chaldean numerology  ??

This is what chaldean numerolgy says about the number 21:

This number is symbolized by the picture of "the Universe", and it is also called "the Crown of the Magi". It is a number of ad­vancement, honors, elevation in life and general success. It means victory after long initiation and tests of determination. It is a for­tunate number of promise if it appears in any connection with future events.

[HairyMaclairy]

https://satoshinrh.com/

What i'm getting kind of nervous about is the fact that this webpage is currently being built, you can watch the progress. Minutes ago it was a white page with almost no content but a nonfunctional email-subscribe form. This looks authentically unprepared at amateur level. Makes me think.
4pm EDT, so two and a half hours to go.
"Tabula Rasa" sounds a bit frightening, too.

You were saying ?

[serveria.com]

https://satoshinrh.com/

What i'm getting kind of nervous about is the fact that this webpage is currently being built, you can watch the progress. Minutes ago it was a white page with almost no content but a nonfunctional email-subscribe form. This looks authentically unprepared at amateur level. Makes me think.
4pm EDT, so two and a half hours to go.
"Tabula Rasa" sounds a bit frightening, too.

Resource Limit Reached
Error 508

This website has exceeded its resource limit and is temporarily unable to service your request. Please try again later.

If you are the owner of the website and are regularly seeing this error, you may read more about it in our Knowledgebase.

[heslo]

https://satoshinrh.com/

What i'm getting kind of nervous about is the fact that this webpage is currently being built, you can watch the progress. Minutes ago it was a white page with almost no content but a nonfunctional email-subscribe form. This looks authentically unprepared at amateur level. Makes me think.
4pm EDT, so two and a half hours to go.
"Tabula Rasa" sounds a bit frightening, too.

Resource Limit Reached
Error 508

This website has exceeded its resource limit and is temporarily unable to service your request. Please try again later.

If you are the owner of the website and are regularly seeing this error, you may read more about it in our Knowledgebase.

Amateurs

[HairyMaclairy]

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.

The US$ role as global reserve currency afford the US government certain liberties, such as creating wealth from thin air.  The flipside is you cannot be the global reserve currency without perpetual nominal trade deficits, something that Trump is far too dumb to understand. 

[P_Shep]

Just took a look and the pinned post is about Bcash.
So assume it's run by Ver.

This twitter account make by 'Satoshi Nakamoto' sir?

966.4K Followers.
Joined August 2011
Location: Worldwide

Source: https://twitter.com/Bitcoin


Why bitcoin account use location Worldwide? It must have been made in a particular country Or is it controlled from the satellite!

[Biodom]

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.

The US$ role as global reserve currency afford the US government certain liberties, such as creating wealth from thin air.

money printing != wealth
So, they print more. How, exactly, it creates wealth?
It's exactly the opposite: it creates more debt. I cannot see how having more debt makes me/country wealthier.
re nominal deficits-there I can agree. You cannot be a world's reserve currency and not run a deficit.

[HairyMaclairy]

It is well known that Roger Ver bought the Bitcoin twitter account, just like he bought the Bitcoin.com domain

[HairyMaclairy]

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldn’t be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.

The US$ role as global reserve currency afford the US government certain liberties, such as creating wealth from thin air.  The flipside is you cannot be the global reserve currency without perpetual nominal trade deficits, something that Trump is far too dumb to understand.  

money printing != wealth
So, they print more. How, exactly, it creates wealth?
It's exactly the opposite.
re nominal deficits-there I can agree. You cannot be a world's reserve currency and not run a deficit.

According to classical economics, money printing != wealth on the assumption that money printing = inflation

Now riddle me this.

 When was the last time that the USA had an inflation problem, and how much money has been printed since then?