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

[SuperTA]

Less than half are wage slaves?

That's a good thing.

This must be an older graphic, the user base has definitely grown hasn't it? *I fell extremely into this graphic except for the religious aspect, which I find quite surprising.

Yes, it's pretty old. From 2013. But i think that my hat would match with his jeans.

https://www.zerohedge.com/news/2013-03-10/demographics-bitcoin

[Saint-loup]

is it safe to invest in btc now?

Yes I think it's currently pretty safe. The mining profitability is still low and the hashrate doesn't stop to rise, so I think miners won't be able to sell their btc at those prices very long
In brief, I think bitcoin is a little bit undervalued in relation to its real cost at the moment.

https://bitinfocharts.com/comparison/hashrate-mining_profitability-btc.html#3m

[Hueristic]

...... or that I should do a podcast.  Hahahahaha.  Regarding the podcast...<blah blah blah>

Jay, with all due respect, if you ever did a podcast, please post the link in here...I have trouble sleeping....

I use this channel for that.

https://www.youtube.com/watch?v=3vQwGGbW1AE

[DeathAngel]

$10,167

Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?

Probably not!

[mindrust]

$10,167

Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?

Probably not!

If we manage to break $11200 and stay there for a while, I'd say yes.

Anon's 3rd prophecy is about to become true.

Anon 2020!

[JimboToronto]

This must be an older graphic, the user base has definitely grown hasn't it?

2013 to be exact.

Indeed a lot has changed. The age range has expanded considerably and there are many more women involved now, at least where I live.

Also the income profile has probably expanded as the Bitcoin community has grown. 6 years ago we were mostly well-educated geeks with comfortable tech jobs, businesses, or retirement/investment earnings. Now there are more students, laborers, pensioners, and others with smaller incomes involved.

I'd also guess that "Americans" (North, Central, and South) no longer are in the majority.

[fillippone]

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

Very easy answer.
A lot of inverstors simply cannot buy bitcoins, to many difficulties.
Technological (how to store them?)
Legal/Fiscal (how to pay taxes on them?)
Compliance (am I allowed to buy bitcoin? Is it within my management mandate?)
Regulatory pressure NOT to be involved in crypto’s
Reputational risk
Etc
Etc

This is why an integrated product like the one Bakkt wants to launch is so important from an institutional money adoption perspective.

[jojo69]

cme chart.

cme chart.

stamp price or gtfo

[Indymoney]

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

Very easy answer.
A lot of inverstors simply cannot buy bitcoins, to many difficulties.
Technological (how to store them?)
Legal/Fiscal (how to pay taxes on them?)
Compliance (am I allowed to buy bitcoin? Is it within my management mandate?)
Regulatory pressure NOT to be involved in crypto’s
Reputational risk
Etc
Etc

This is why an integrated product like the one Bakkt wants to launch is so important from an institutional money adoption perspective.

Your many points are valid as I know many peoples they want to buy but have many problems you already mention and they cannot manage them to solve so they are going away from bitcoin.

[mindrust]

In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.

[SuperTA]

cme chart.

cme chart.

stamp price or gtfo

Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange.

[LFC_Bitcoin]

In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.

Me too, we’re a very similar age.

[El duderino_]

In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.

Me too, we’re a very similar age.

Then we three are 

[makrospex]

$10,167

Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?

Probably not!

Too early, imo.
Might rise, might fall. Resistance around $10,200 needs a lil push to break, we'll see what happens after that (if it happens).
Is serious TA before close of daily even possible?

[jojo69]

cme chart.

cme chart.

stamp price or gtfo

Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange.

Are you seriously proposing that we reopen negotiation on the Vegas accords of 2015?

Do you have any idea what a can of worms that would be?

[LFC_Bitcoin]

In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.

Me too, we’re a very similar age.

Then we three are 

[El duderino_]

BTC price prediction 

September - Touch 14k
October - Touch 24k-28k
November - Touch 36k-40k

https://twitter.com/kyagandu/status/1168579983725318144?s=21

I could live with that....... But what do you think for predictions

[makrospex]

In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.

Think young, feel young.
It's that simple. I never "thought" in terms of age about my life. ("When i'm * yrs old, i'll ....")
In fact, i always needed to think about how old i am, if i was asked out of nowhere.

[LFC_Bitcoin]

BTC price prediction  

September - Touch 14k
October - Touch 24k-28k
November - Touch 36k-40k

https://twitter.com/kyagandu/status/1168579983725318144?s=21

I could live with that....... But what do you think for predictions

Fucking hell mic, you know I’m bullish AF long term but I dunno if those prices are a bit unlikely so soon.
I hope you’re right though, if you are I pay for you to do hospitality at Anfield for a game

[mindrust]

Don't mind him. It is a joke between the old timer WO'ers.

Relaying a message from the wall: $10200 is on sight!