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

[JayJuanGee]

Yes.   Add another nutjob to the mix in order to assert that you are not the only nutjob.

Oh yes, he now says all the same things I do about Bitcoin, so that means because he's not attempting to promote the pump and dump scam for JayJuanGee to profit on from fraud, he must have zero credibility and be a complete nutjob:

Haven't you realized by now, that bitcoin is going to bitcoin, and it does not matter in any kind of way regarding what I say or whether I convince anyone to buy bitcoin or not.  I could give any shits about whether people decide to buy bitcoins.  That is their choice.

I am here to share information about bitcoin, and to brainstorm with other like-minded folks.

Of course, have to put up with tards like you, in process, but even with your ongoing spouting of nonsense, there still tends to be a lot of decently valuable information that is shared in this thread, and along the way, I can also develop my ideas by writing them out and sharing them, too.

In other words, bitcoin is going to do what it does in spite of anything that I do or say.
 
As, you likely realize about me and my investment style and expectations, I don't need bitcoin to go to $100k or even to go beyond the price where it currently is at.  Furthermore, I have already resolved myself that at some point in the future, when I am comfortable, I can just start cashing out BTC at the rate of about 1% per quarter for the rest of my life, as long as the price is above $5k. Part of the underlying assumption is that cashing out 1% per quarter is not really very likely to eat into principle, so I am kind of presuming that BTC prices are going to continue to appreciate at least 4% per year, using $5k as a base starting out price.

   Of course, if I start to perceive that my life might be coming to an end, then I can start to cash out more than 1% per quarter in order to cash out principle.

I believe that all along my investment thesis for bitcoin has been relatively conservative, and in 2013 when I started buying bitcoin, I had hoped that over the long term, I would be able to achieve at least an average of 5.5% per year return on my BTC investment, so in almost all measures, this bitcoin journey has been way the fuck more successful than I had hoped for in terms of minimum expectations.  So the extra returns are just icing on the cake, and surely BTC prices would have to go way below $1.5k per BTC for me to start to question whether I had made a bad investment.  How likely is that?  Does not seem to be too likely, even though you keep on spouting off about bitcoin being a Ponzi scheme which presumes that it is going to zero (or close to zero). 

Your continuous spouting about such supposed bitcoin Ponzi scheme is not going to make it more true, unless it happens, which seems quite unlikely, perhaps less than 5% in the next 10 years.  And, what the fuck do I care after 10 more years?  I will continue to have been cashing out, and likely have gotten back way more than my initial investment including still having BTC and an investment that is valued more than my initial investment, even supposing a 5.5% per year return.

Also this from James A. Donald, the first person who communicated with Satoshi on the mailing list where Bitcoin was announced

Hopefully people have learned in 10 years about what bitcoin is, and even been able to see how bitcoin has been playing out.  Yeah, Donald says that bitcoin cannot scale, but it can scale and it has been scaling.  Donald would have been correct to be skeptical, but he is also speculating about something (bitcoin) two months before it even started to deploy, and years before it was even attempted to be used.  Even my views about bitcoin have changed in the last 6 years based on bitcoin evolving as a phenomenon including adoption of segregated witness and transaction options that are enabled to be built on the second layer. 

Of course, a decent amount of bitcoin's base ideas are the same, but there has been learning and tweaking along the way, too.  Bitcoin remains a quite strongly verified by facts and experiences and tweaking of the code phenomenon including network effects that have building and growing around it that should be taken into account when comparing something that was said in late 2008 and something that has actually been implemented with more than 10 years under its belt in late 2019.

[nikauforest]

Yes.   Add another nutjob to the mix in order to assert that you are not the only nutjob.

Oh yes, he now says all the same things I do about Bitcoin, so that means because he's not attempting to promote the pump and dump scam for JayJuanGee to profit on from fraud, he must have zero credibility and be a complete nutjob:

Haven't you realized by now, that bitcoin is going to bitcoin,.... (the rest is edited out)

Yea shit! "Bitcoin is going to Bitcoin!" I like it!
Bitcoin is going to Bitcoin!!!! Like never before , it is just going to keep on Bitcoin'in.

Got Bitcoin?

[VB1001]

Five INSANELY bullish charts for bitcoin. 🚀🚀🚀 $BTC #bitcoin

1/ Bitcoin looks nothing like the Tulip Mania or South Sea Company bubbles, which only lasted an illiquid and brief 3 years.

Bitcoin has been growing for 10 years with billions of dollars traded daily.

https://twitter.com/JamesTodaroMD/status/1175116654201790464

Good morning WO,s

[Wilhelm]

Mexicans praying they don't die while mining silver in a mine.  When's the last time you saw anyone praying they don't die before attempting to try and mine Bitcoin?  And yet there are retards on this forum who claim "space mining" at 1000x higher cost and danger is somehow going to make metals not function as money and make Bitcoin better.  If the Mexicans are already praying they don't die at work on earth, the space mining workforce would need to be composed completely of Muslim suicide bombers.

Mining bitcoin can be deadly  

[VB1001]

When Satoshi released Bitcoin v0.1.0 it was comprised of slightly under 32,000 lines of code, over half of which was for the client GUI.
The underpinnings of a completely new financial system were written in under 16,000 lines of code.

https://twitter.com/lopp/status/1175113754406805510

[realr0ach]

Alexa, place JayJuanGee in the camp with the Jews.

[JayJuanGee]

Alexa, place JayJuanGee in the camp with the Jews.

You have no authority here.   I got bitcoin and the mobility that it allows me to transfer value anywhere in the world.

On the other hand, you and your fucking gold in grandma's basement, to the extent that you actually have any gold, are surely a target for such physical confiscation and/or lack of mobility.  Also, have you actually verified that your kilo blocks are real?  Not too easy, is it?  How you gonna divide and transport those without detection? 

Better thing for you to do roach, is just transfer the value of them into bitcoin, while you still can, and while they still have some value.  Good luck.

[VB1001]

https://fortune.com/2019/05/01/drop-gold-bitcoin/

[realr0ach]

https://fortune.com/2019/05/01/drop-gold-bitcoin/

And immediately after the kike (((Larry Summers))) and friends at Digital Currency Group release that propaganda trying to trick the goyim into a digital only, cashless society slavery system where everyone is tracked and monitored, the price of metals immediately goes up right after they tell you to sell it.  Funny how that works, isn't it?

[jbreher]

Talking about the military, a lot of people here seems to like boats, I'm not much of a boat guy myself, but there is one boat I would like to own, and that's the CB 90.
I like to think of it like the Lambo of boats.
Here working with the dutch in Operation Atalanta (The anti pirate thing outside Somalia).
https://www.youtube.com/watch?v=wgdDgEXO2gE

Umm... yeah.

Boat looks pretty badass.

Though I gotta wonder... If pouring coolant fluid on the 50BMG does not result in steam, then WTF is the point?

[JSRAW]

WO Game:
Last bit my of summer for Fillippone.

Where I am? Hints of form of clues, not pixel (due to the low information in surrounding pixels), but it’s really easy.

Sorry but i am done and i want my 20 mins back from you, hairy and jbreher....

Nice Hand writing tho.. 

Three things I want to say about the pics, some of those ace actual clue:

• I didn’t use my hand to write it. I am called Italian stallion for a reason 
• It is not Mars. How can be Mars if there is no mobile coverage on Mars?
• There are two continents in this picture. One of them barely visible

VB1001 already won  , . nice feet writing - No Foot fetishism- 

CME Group Is Launching Bitcoin Options Early in 2020

So i don't understand options on futures and after an hour researching it I still don't know if I do. I'm gleening that is supposed to add liquiodity so larger players will not become market movers as right now they will effecftively kill liquidity if they participate in the current CMe futures. Is this correct?
Personally I want them to have to push the price up when they take a long and this is just so they can hedge their bets.

On the bright side Bakkt is settled on actual coins and that should really get some mainstream adoption.

Fuck those CME cunts.

https://www.google.com/search?client=firefox-b-1-d&biw=1280&bih=563&tbm=isch&sa=1&ei=mveEXelM3ZCvvA_e5obADQ&q=cme+board+of+directors&oq=cme+board+of+directors&gs_l=img.3..0i24.81712.85528..85883...0.0..0.433.4877.2-16j1j1......0....1..gws-wiz-img.......0j0i67j0i10i24.XOAn-EHRpQk&ved=0ahUKEwjpgefY4t_kAhVdyIsBHV6zAdgQ4dUDCAY&uact=5

The vibe i get is, With big players comes manipulation.. some going to make fortune and many will not or they have to wait for their turn.

[Fatman3001]

Any energy used in Bitcoin is purely sunk cost fallacy.  There is no 'storage' of energy being done anywhere.  Not even caveman IQ Micgoossens and JayJuanGee probably believe this.

Cavemen IQ folks like me, MicG, his team and like-minded BTC HODLers (and BTC accumulators), don't really give too many ratt's asses about details.

All that many of us cavemen IQ folks believe is that: "orange coin number go up."  grunt grunt.    

When push comes to shove, that is all that we need to believe, and so far, our beliefs have been playing out into true outcomes.  

Let's zoom out a bit and take the last 6 years to plug into your caveman IQ hypothetical... .Let's say hypothetically, we put all of our value into BTC at the top of the 2103 price peak at $1,163.  This is a hypothetical, and we know that smart investors tend to DCA into bitcoin rather than putting "all in" at the top of a price run, but hey, I am going to play with the roach hypothetical of caveman IQ peeps, so maybe we could have had made such "all in" purchasing mistake.  

Anyhow, since we are cavemen IQ folks with a conviction to HODL our BTC, so we HODL our BTC from late 2013 to present and where the fuck are we?  Caveman IQ peeps are a mere 8.73x up on our investment.  What a bunch of dumb fucks, right?

But if we cavemen IQ peeps compare ourselves to the sophisticated goldbugs, PM pumpers like roach and Peter Schiff and some of those sophisticated smart peeps, what is their return as compared with ours?  You smart and sophisticated peeps have not even gotten a 2x.  Have you gotten 50% returns?  I don't know your details beyond recognizing that I am not impressed because I have a caveman IQ, and I can only appreciate the returns of myself and other dummies like me, micgoosen, his team and other HODLers only getting a 8.73x return (in terms of the hypothetical), and for some reason we are happy with that level of return.   Go figure?

So, if we look into the future, that is the thing that you want to prepare for, right roach?   We gotta look into the future to attempt to figure out if it would be better to put our present value into BTC or into PMs like gold and silver.  whatchagonna do?

I bet that the cavemen IQ dummies who end up putting their value into BTC, accumulating more BTC on dips and otherwise and HODLing their BTC are going to perform in their investments quite a bit better than you and Peter Schiff in terms of relative returns.

  Orange number go up, right?  Doesn't the future still look good for orange number?  Actually, I don't need to bet you either, because my money has already been placed in the BTC direction to HODL and accumulate, fucktwat.

Edit: 8.73x ?!?!?!!!! Oh, man! You really bought the absolute top, didn't you?

[JayJuanGee]

Any energy used in Bitcoin is purely sunk cost fallacy.  There is no 'storage' of energy being done anywhere.  Not even caveman IQ Micgoossens and JayJuanGee probably believe this.

Cavemen IQ folks like me, MicG, his team and like-minded BTC HODLers (and BTC accumulators), don't really give too many ratt's asses about details.

All that many of us cavemen IQ folks believe is that: "orange coin number go up."  grunt grunt.    

When push comes to shove, that is all that we need to believe, and so far, our beliefs have been playing out into true outcomes.  

Let's zoom out a bit and take the last 6 years to plug into your caveman IQ hypothetical... .Let's say hypothetically, we put all of our value into BTC at the top of the 2103 price peak at $1,163.  This is a hypothetical, and we know that smart investors tend to DCA into bitcoin rather than putting "all in" at the top of a price run, but hey, I am going to play with the roach hypothetical of caveman IQ peeps, so maybe we could have had made such "all in" purchasing mistake.  

Anyhow, since we are cavemen IQ folks with a conviction to HODL our BTC, so we HODL our BTC from late 2013 to present and where the fuck are we?  Caveman IQ peeps are a mere 8.73x up on our investment.  What a bunch of dumb fucks, right?

But if we cavemen IQ peeps compare ourselves to the sophisticated goldbugs, PM pumpers like roach and Peter Schiff and some of those sophisticated smart peeps, what is their return as compared with ours?  You smart and sophisticated peeps have not even gotten a 2x.  Have you gotten 50% returns?  I don't know your details beyond recognizing that I am not impressed because I have a caveman IQ, and I can only appreciate the returns of myself and other dummies like me, micgoosen, his team and other HODLers only getting a 8.73x return (in terms of the hypothetical), and for some reason we are happy with that level of return.   Go figure?

So, if we look into the future, that is the thing that you want to prepare for, right roach?   We gotta look into the future to attempt to figure out if it would be better to put our present value into BTC or into PMs like gold and silver.  whatchagonna do?

I bet that the cavemen IQ dummies who end up putting their value into BTC, accumulating more BTC on dips and otherwise and HODLing their BTC are going to perform in their investments quite a bit better than you and Peter Schiff in terms of relative returns.

  Orange number go up, right?  Doesn't the future still look good for orange number?  Actually, I don't need to bet you either, because my money has already been placed in the BTC direction to HODL and accumulate, fucktwat.

Yeah.  I understand pobrecita, fatty.  You are experiencing a meaningful amount of difficulties getting used to coming back to bitcoin and understanding what it is like to be a bitcoin fan from your BIG blocker nutjob circles.  

Hopefully, you don't retrogress too much back into your earlier (and likely lingering) dumb-ass mindset.    

Edit: 8.73x ?!?!?!!!! Oh, man! You really bought the absolute top, didn't you?

Oh gawd.  You don't even know how to read, or perhaps you don't understand the concept of a hypothetical.

Let me 'splain dis hypotetical thingie-ma-jiggie to you.  
 
You understand that I had said that even if I had bought all my BTC at $1,163 at the absolute top in 2013 (and other hypothetical cavemanIQ peeps, then my profits would be 8.73x.   That is be called a hypothetical because that is not what actually happened in my situation.  It was a way to give some benefit of the doubt to the price matters.   You startin to begin to understandin dis a wee lil bitty, now?  Fatty?  

I might need to insert my own eye-rolling pic here or perhaps insert batman,  and slap you upside into some kind of sensical state, if that is even remotely possible?    

[Fatman3001]

Any energy used in Bitcoin is purely sunk cost fallacy.  There is no 'storage' of energy being done anywhere.  Not even caveman IQ Micgoossens and JayJuanGee probably believe this.

Cavemen IQ folks like me, MicG, his team and like-minded BTC HODLers (and BTC accumulators), don't really give too many ratt's asses about details.

All that many of us cavemen IQ folks believe is that: "orange coin number go up."  grunt grunt.    

When push comes to shove, that is all that we need to believe, and so far, our beliefs have been playing out into true outcomes.  

Let's zoom out a bit and take the last 6 years to plug into your caveman IQ hypothetical... .Let's say hypothetically, we put all of our value into BTC at the top of the 2103 price peak at $1,163.  This is a hypothetical, and we know that smart investors tend to DCA into bitcoin rather than putting "all in" at the top of a price run, but hey, I am going to play with the roach hypothetical of caveman IQ peeps, so maybe we could have had made such "all in" purchasing mistake.  

Anyhow, since we are cavemen IQ folks with a conviction to HODL our BTC, so we HODL our BTC from late 2013 to present and where the fuck are we?  Caveman IQ peeps are a mere 8.73x up on our investment.  What a bunch of dumb fucks, right?

But if we cavemen IQ peeps compare ourselves to the sophisticated goldbugs, PM pumpers like roach and Peter Schiff and some of those sophisticated smart peeps, what is their return as compared with ours?  You smart and sophisticated peeps have not even gotten a 2x.  Have you gotten 50% returns?  I don't know your details beyond recognizing that I am not impressed because I have a caveman IQ, and I can only appreciate the returns of myself and other dummies like me, micgoosen, his team and other HODLers only getting a 8.73x return (in terms of the hypothetical), and for some reason we are happy with that level of return.   Go figure?

So, if we look into the future, that is the thing that you want to prepare for, right roach?   We gotta look into the future to attempt to figure out if it would be better to put our present value into BTC or into PMs like gold and silver.  whatchagonna do? 

I bet that the cavemen IQ dummies who end up putting their value into BTC, accumulating more BTC on dips and otherwise and HODLing their BTC are going to perform in their investments quite a bit better than you and Peter Schiff in terms of relative returns.

  Orange number go up, right?  Doesn't the future still look good for orange number?  Actually, I don't need to bet you either, because my money has already been placed in the BTC direction to HODL and accumulate, fucktwat.

Yeah.  I understand pobrecita, fatty.  You are experiencing a meaningful amount of difficulties getting used to coming back to bitcoin and understanding what it is like to be a bitcoin fan from your BIG blocker nutjob circles. 

Hopefully, you don't retrogress too much back into your earlier (and likely lingering) dumb-ass mindset.   

Hey, don't dodge the question. How much did "hypothetical" little you buy around $1163 in 2013?

[Fatman3001]

Oh gawd.  You don't even know how to read, or perhaps you don't understand the concept of a hypothetical.

Let me 'splain this to you.  
 
You understand that I had said that even if I had bought all my BTC at $1,163 at the absolute top in 2013, then my profits would be 8.73x.   That be called a hypothetical because that is not what happened.   You startin to understandin dis, a wee lil bitty, now?  Fatty?  

I might need to insert my own eye-rolling here, are perhaps insert batman,  and slap you into some senses, if that is possible?    

You might be surprised to hear that I skip a lot of your texts, hence the gif. And that's when I don't have you on ignore.

Again, How much did you buy at the very top in 2013?

Since you're not a caveman and all. (Fuck you roach, btw)

[realr0ach]

[JayJuanGee]

[edited out]

Hey, don't dodge the question. How much did "hypothetical" little you buy around $1163 in 2013?

If we are going to deal with reality rather than hypothetical, my first BTC purchase was 1.24 BTC on local bitcoins in the end of November 2013 for $1,200 per bitcoin, which would have been $1,500 for that transaction.

Of course, I bought more BTC after that, so by the time that we got to the end of 2014, I had brought my average BTC purchase price down to around $550 per BTC - however, we know that BTC prices were in the mid $200s for most of 2015, and by the end of 2015, my price per BTC was in the mid-$400s, yet when my phone got sim ported in early 2017, my average price per BTC went up to around $750 per BTC, which is roughly the price that I personally tend to use for calculating my average cost per BTC, even with folks like you who likely don't really have any need to know, except that you are trying to figure out some trolling information while you likely don't really end up providing any genuine or meaningful information about yourself except that you became a BIG BLOCK tard, and continue to have inabilities to actually engage in meaningful or relevant discussions because you tend to be too occupied in tarding out.

Do you have any kind of interesting and meaningful BTC accumulation story that does not involve too much of your attempting to distract us with your merely just getting reckt on various shit coins and/or bragging about your participation in the pumping or scamming of irrelevant topics?

[JayJuanGee]

[edited out]

You might be surprised to hear that I skip a lot of your texts, hence the gif. And that's when I don't have you on ignore.

Again, How much did you buy at the very top in 2013?

Since you're not a caveman and all. (Fuck you roach, btw)

My purchase at $1,200 was my highest BTC purchase in 2013 until the BTC prices went back above $1,200 in 2017.

Of course, I had some other decently high BTC purchases in 2013 and 2014 because the BTC price stayed up for a couple of months.   I could go back and calculate how many BTC that I bought in the first few months at relatively higher prices, but it does not really matter too much, now does it?

When I first got into BTC in late 2013, that was the first that I had really looked into BTC, so of course, I had known sufficiently that there had been a recent run up in BTC price that rose to the level of 15x in the prior few months and really more than 100x over the whole of 2013.  I went in knowing that and I had a plan to dollar cost average, with a bit of front loading in for 6 months in early 2014 and then to reassess my investment strategy towards the end of that 6 months, which ended up extending my investment for another 6 months, and pretty much by the end of my first 12 months into bitcoin I had dollar cost averaged and established my initial stake in BTC, which I had intended to add up to about 10% of my total quasi-available investment funds.   I had largely achieved that goal by the end of 2014.

Thereafter in 2014, I continued to dollar cost average, buy on dips and authorized myself to start to sell in late 2015 based on some formulas that I had worked out that accounted for only selling small portions of BTC on the way up and only selling BTC that were profitable - including accounting for transaction fees and various other expenses that I had incurred by getting involved in BTC.

So, ultimately, I don't understand what your BIG DEAL desire to harp on how many BTC I bought at the top of the 2013 bubble because those are exactly the same kind of bullshit propaganda pieces that troll/shills try to bring up in order to act as if they are smarter ... lot's of people (especially degenerates) try to act like they are smarter after the fact and while they fail/refuse to account for the actual situation and instead impose their own retroactive perspective about what should have been done.. which is not necessarily sufficiently individualized, either.

I don't have regrets about the strategy that I created, that I followed and that I tweaked along the way.  It worked great for me, even though it was a bit depressing during parts of the extreme downfall periods and the sense that it was becoming difficult to really get a sense of when the bottom was in, during late 2014 and even into many parts of 2015.

[Fatman3001]

[edited out]

Hey, don't dodge the question. How much did "hypothetical" little you buy around $1163 in 2013?

If we are going to deal with reality rather than hypothetical, my first BTC purchase was 1.24 BTC on local bitcoins in the end of November 2013 for $1,200 per bitcoin, which would have been $1,500 for that transaction.

blablablablablablablablablablablablablablablablablablablablablablablablablablab lablablablablablablablablablablablablablablablablablablablablablablablablablabl ablablablablablablablablablablablablablablablablablablablablablablablablablabla blablablablablablablablablablablablablablablablablablablablablablablablablablab lablablablablablablablablablablablablablablablablablablablablablablablablablabl ablablablablablablablablablablablablablablablablablablablablablablablablablabla blablablablablablablablablablablablablablablablablablablablablablablablablablab lablab my average price per BTC went up to around $750 per BTC blablablablablablablablablablablablablablablablablablablablablablablablablablab lablablablablablablablablablablablablablablablablablablablablablablablablablabl ablablablablablablablablablablablablablablablablablablablablablablablablablabla blablablablablablablablablablablablablablablablablablablablablablablablablablab lablablablablablablablablablablablablablablablablablablablablablablablablablabl ablablablablablablablablablablablablablablablablablablablablablablablablablabla blablablablablablablablablabla

blablablablablablablablablablablablablablablablablablablablablablablablablablab lablablablablablablablablablablablablablablablablablablablablablablablablablabl ablablablablablablablablablablablablablablablablablablablablablablablablablabla blablablablablablablablablablablablablablablablablablablablablabla

[El duderino_]

I don’t know sh*t cause being a caveman.......

But what I do know

That I obviously met HM last evening as Some other members, gonna wait with posting who cause I don’t know i’m suppose to write etc (first gonna hear if its ok with them and actualy we where meeting today)

Yesterday was a very small meet cause we all arrived early and we where not going to drink

I count around 8 bottles of wine a few glasses of cocktails, sambucca and tequila shots, damn we WO’s ....
We where not going to drink to much lol

So what I do remember = HM gave me (us) already a sneak prak of what he thinks that is gonna happen Monday when BAKKT goes live
I always like his way of thinking with BTC ....