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

[VB1001]

Pointing in the right direction, let's go !!! BTC

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[Icygreen]

CSW citing a hurricane in Florida as a reason why he's unable to transfer half the BTC.   BAHAHAHA
So rekt. Next is contempt of court?
https://www.coindesk.com/craig-wright-aims-to-challenge-court-decision-that-cost-half-his-bitcoins?utm_source=twitter&utm_medium=coindesk&utm_term&utm_content&utm_campaign=Organic%20&amp&__twitter_impression=true

[Biodom]

^
Breakout....

i’m the last person able to do this ........

I almost went blind trying to read that, ha ha

[jojo69]

I dunno...

$10000 BTC is sooo last month

[Biodom]

Those wondering about the impact of BAKKT on the market, needs to realize something else.

It's not the fact that they are going live within days. It's completely the relative timing.

They could have gone live over a year ago. The tech was already in place and working behind closed doors.

But they didn't. They delayed it.

So ask yourself: Why go live now? Why not a year ago? Or why not kick the can for another year?

Is it too obvious to state that we were in a bear market last year, the impact of opening would have been minimal & the interest would have been lower?

Yes, somewhat true. But look at what's happening globally right now. Global recession. Currencies are hyper inflating. Equities bubble. Bond market bubble. Asset bubbles. Negative interest rates in govt and corporate bonds. PMs are up bigly.

The fact is that "they" had zero interest in a true hedge trade (aka physical Bitcoin), until right now. It suddenly became an overnight imperative, so it seems.

I would love this to be true, but I am also prepared for a few more "slings and arrows of the outrageous fortune".
They are still trying to cut loose as many as possible.

[mindrust]

Last night of 4 digits. Mark my words.

[becoin]

I love this game. It is soooo easy to be profitable trading bitcoin. You just need to buy and buy and buy and buy and buy and buy and buy and buy and buy and buy and buy and buy and buy... If it drops its a gift... Just buy and buy and buy and buy and buy and buy and buy...

[alevlaslo]

CSW citing a hurricane in Florida as a reason why he's unable to transfer half the BTC.   BAHAHAHA
So rekt. Next is contempt of court?
https://www.coindesk.com/craig-wright-aims-to-challenge-court-decision-that-cost-half-his-bitcoins?utm_source=twitter&utm_medium=coindesk&utm_term&utm_content&utm_campaign=Organic%20&amp&__twitter_impression=true

if the hurricane destroyed the private keys, that's a good reason

[jojo69]

is it safe to invest in btc now?

Always safe, in fact one of, if not the, safest store of wealth available.

[makrospex]

is it safe to invest in btc now?

Safe?
It's secure, as long as you keep your coins on a cold storage and your keys (seed) safe.

[vroom]

is it safe to invest in btc now?

Only keep money in fiat that you're willing to lose

[Phil_S]

I predict a violent price explosion within the next 5 days. The spiral spring is charged and ready to release it's energy.

Maybe September 1st?!

Missed only by one day!

[Torque]

CSW citing a hurricane in Florida as a reason why he's unable to transfer half the BTC.   BAHAHAHA
So rekt. Next is contempt of court?
https://www.coindesk.com/craig-wright-aims-to-challenge-court-decision-that-cost-half-his-bitcoins?utm_source=twitter&utm_medium=coindesk&utm_term&utm_content&utm_campaign=Organic%20&amp&__twitter_impression=true

I can't believe that idiot Narcissist let things go all the way to court just to be shown as a complete fraud.

Oh wait... yeah I can.

[Biodom]

One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.

Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc.
BTC is a hard money, but you need to exchange it to soft money to live off of (for now).

That's right. Sadly I'll have to break some bitcoins for FIAT to make that possible. (Depends on the investment, probably all, but 1)

I haven't decided what to do with the (imaginary) money yet. Maybe buying a few flats and renting them away to the wage slaves. The easiest,  o brainer, but a bit disgusting way to do it.

What other passive income ideas have you got? Help me out!

I am starting to think even $1m won't be enough to live free. Maybe I aimed too low. Shoulda aimed for $10m instead. :d Aand its going up, need to buy more before it leaves the surface of the earth completely.

This is one of the questions I am pondering as well.
A modification of your plan: buy vacation properties, then hire a management company to deal with them.
vacation properties in good vacation spots in US have a 5%-10% (of the property cost) yearly cash flow.Considering that with good credit score you'll need to put down only 5-10% of the property cost, it does sound interesting (not my idea, but i kinds of like it).
Another advantage: you get to go on vacation at your own property where you carve out a week or two for yourself,

[vroom]

I predict a violent price explosion within the next 5 days. The spiral spring is charged and ready to release it's energy.

Maybe September 1st?!

Missed only by one day!

I expected a bigger move, let's see where this current movement will end.

[hodl_2015]

The new level to watch out is 10.100 usd on the btc cme chart.
If the 4h candle closes above that line it will be bullish at least for the short term.

observing $10,111

[bitcoinPsycho]

CSW citing a hurricane in Florida as a reason why he's unable to transfer half the BTC.   BAHAHAHA
So rekt. Next is contempt of court?
https://www.coindesk.com/craig-wright-aims-to-challenge-court-decision-that-cost-half-his-bitcoins?utm_source=twitter&utm_medium=coindesk&utm_term&utm_content&utm_campaign=Organic%20&amp&__twitter_impression=true

if the hurricane destroyed the private keys, that's a good reason

[El duderino_]

We have thousands of years of history on world reserve currencies.

They all have shelf lives. They all have multi decade lead-in periods.

Given the technology now available, having the next world reserve currency be non-sovereign makes totally logical sense.

via Imgflip Meme Generator

https://twitter.com/travis_kling/status/1168555133455589376?s=21

[Torque]

The most lucrative RE in the future will be Senior housing complexes and near retirement housing complexes.

The second most lucrative will be young professional apartments in major city hubs.

Because neither of these two groups will be able to afford houses in the future, and likely won't even want them.

[El duderino_]

Thirty percent of all investment-grade securities now have negative yields. In other words, investors who acquire the debt and hodl to maturity are guaranteed to make a loss.

Why not just buy #Bitcoin and HODL?

https://twitter.com/bitcoin/status/1168311553134751744?s=21