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

[goldkingcoiner]

I totally agree that as far as life is concerned then Merit’s mean absolutely fuck all. We’re all here because of bitcoin, all we really need is for bitcoin to moon. I enjoy certain Merit milestones but overall I guess yeah, it isn’t too important.

Pah. The only thing written on my gravestone will be my merit count. Plus it'll be internet connected so my astonishing wisdom score will continue to accumulate even after worms eat my eyeballs and brain.

Other than that it's stats that are the true bottomless pit for merit. People seem to LOVE that stuff though I'm not so sure why, especially when most of the stats are about... merit.

I think the requirements are too low for the lowest ranks and too high for the middling ones. And also all legacy merit awarded on the inception of the system should have been stripped and binned long ago.

Anyone wanna make a merit coin token with me? A competely pointless token with no function that will seem attractive for no reason. We could make millions

[1713404572]

1713404572

[mindrust]

We got 200DMA back quietly btw. Now all we need is keeping it. Maybe It was really a weak hand shakeout.

Why would the bull market cancel itself now after all those golden crosses and while there are only 226 days left to the halvening...

[JayJuanGee]

I had that crazy (maybe wasn't so crazy) idea in the morning. I was about to put the rest of all my FIAT (6 figures) to BTC but then I didn't. Did another small $200 DCA instead.

Isn't that a sure bet? I mean who doesn't believe here that BTC won't make it above 9k again? Last time I said these lines it was somewhere between 4k and 6k, and I still didn't buy (I mean not all in), and it damn went above 9k indeed.

From 8k to 9k that was %12 sure gains. (It is %6 now)

From time to time, you come out with some real doozies, mindrust.

Based on my round about idea about the total size of your BTC investment, how  the fuck could you have anywhere close to 6 figures of fiat available?  You must be joking, right?  

Note: Remember this is the dollars/BTC thread so our general reference point is dollars, when we are referring to fiat.

Surely, I cannot tell you any kind of exact formula, but before anyone invests in BTC, they should have the rest of their life in order, and have their bigger bills paid and have their cashflow figured out for 6-18 months into the future.  Therefore, when considering what funds that they have available for BTC investment, they have the rest of those matters accounted.

Accordingly, you also said that you largely only buy BTC and HODL, you do not sell, so accounting for your own practices, you have also said that you DCA buy, buy on dips, and sometimes mistakenly FOMO buy.  Anynow, therefore, in the past 3 months, there have been all kinds of ongoing buying opportunities, so in that regard, I would be quite surprised if the value of your fiat should be anywhere close to the 20% or more of the value of your BTC.

Therefore, if you were to have 6 figures of fiat, then you would have $500k of value in BTC (which at current prices would be about 59 BTC  - that is $100k/.2  = $500).  

Something that you are saying is quite off, unless you had been largely contemplating and calculating some kind of gambling (overleveraging) move that would involve taking money from somewhere that you should not be taking it, in order to bet on bitcoin.  That does seem to be what you are contemplating/calculating.  In my thinking, those kinds of moves tend to be desperation moves, and not necessary in bitcoin, even if there could be some decent probabilities that they could pay off quite handsomely - even though personally, I rarely play those kinds of gambling approaches.**

**I will concede that from time to time (and historically), I have used zero interest credit card promotional moneys to increase my cashflow, and thereby buying bitcoin with a decent portion of that increased cashflow funds, so I am not completely immuned to a certain amount of leveraging/gambling that could have ended up going sour on me.

[LoyceV]

Anyone wanna make a merit coin token with me?

Will it be airdropped 1 to 1 to all Merit owners on Bitcointalk?

[bitserve]

Here we go... The next few minutes are critical.


Also, congrats gentlemand and hats off to infofront for its patience and good job. Fuck you fatty.

Oh and WB major! Nice to see you around here again.

[gentlemand]

You made it to the ‘self made legendary’ status (1000 earned merit). I enjoyed when I made that, I have to be honest.

Aye. That's the only stat that actually counts if you're bothered about that type of thing. I'm not particularly.

It is telling that you can almost always glean that someone's merit count is zilch or near zilch just by reading them without having to look left. There's a particular, and weirdly consistent, vacuousness out there.

[JayJuanGee]

I totally agree that as far as life is concerned then Merit’s mean absolutely fuck all. We’re all here because of bitcoin, all we really need is for bitcoin to moon. I enjoy certain Merit milestones but overall I guess yeah, it isn’t too important.

Pah. The only thing written on my gravestone will be my merit count. Plus it'll be internet connected so my astonishing wisdom score will continue to accumulate even after worms eat my eyeballs and brain.

Other than that it's stats that are the true bottomless pit for merit. People seem to LOVE that stuff though I'm not so sure why, especially when most of the stats are about... merit.

I think the requirements are too low for the lowest ranks and too high for the middling ones. And also all legacy merit awarded on the inception of the system should have been stripped and binned long ago.

Anyone wanna make a merit coin token with me? A competely pointless token with no function that will seem attractive for no reason. We could make millions

I would go 80x on that, gold king cat.    

[mindrust]

I had that crazy (maybe wasn't so crazy) idea in the morning. I was about to put the rest of all my FIAT (6 figures) to BTC but then I didn't. Did another small $200 DCA instead.

Isn't that a sure bet? I mean who doesn't believe here that BTC won't make it above 9k again? Last time I said these lines it was somewhere between 4k and 6k, and I still didn't buy (I mean not all in), and it damn went above 9k indeed.

From 8k to 9k that was %12 sure gains. (It is %6 now)

From time to time, you come out with some real doozies, mindrust.

Based on my round about idea about the total size of your BTC investment, how  the fuck could you have anywhere close to 6 figures of fiat available?  

I'll make it easy for you.

From these prices my btc percentage is around %~33-35, the rest is in FIAT and a small amount is in physical gold. (could be ignored) I am pretty sure you can figure out my stash size since you were close enough to guess my btc size.

I am buying shitton of btc that's true but I am keeping (and buying) shitton (plankton for some guys here) in FIAT too.

You don't think my FIAT amount was going to stay same through the years don't you?

[goldkingcoiner]

Anyone wanna make a merit coin token with me?

Will it be airdropped 1 to 1 to all Merit owners on Bitcointalk?

Of course. If I can get Bitcointalk users working together on the dev team, we could even have our own blockchain, make it mineable with a reward system based on a forum word/post count algorithm. The more you converse, the more coins you get. Bitcointalk wallet + payout fee proportional to the coin price of $x. Listed on high volume exchanges.

Would be a nice way to connect bitcointalk with a blockchain use.

Everyone works together, we make a coin for bitcointalk. Sounds nice, no?

[erre]

This is the 6th fresco crowdfunded by the crypto community with a #Bitcoin QR code 🎨, located in Paris (Ivry sur Seine), on the roof of the old gold fundry of the Bank of France.

Could you find what's the link to Bitcoin in the painting (besides the location and the QR)?

https://twitter.com/pascalboyart/status/1178753617597276160

The original painting is "the raft of the medusa", the purpose of the author was to show the sufference of ordinary people due to the incompetence of French captain.

But here they are probably banksters, they are escaping the sinking ship with only a couple barrels of oil and a little fiat sail.
In the distance you can see the majestic bitcoin galleon. The sad truth behind this story is that it is not coming to save them, but actually is going in the opposite direction, and it's still far away, and poor nocoiners are going to die.

[El duderino_]

Is the easiest way to gain merit really just posting Moonboy content ?

Maybe i should make a second acc.

Merits are useless

If you have no intention of ever ranking up then that’s ok but if you want to become a higher ranked member here then Merit’s are not useless, you need them along with the required activity to rank up.

We all gonna die anyway
why lose your time to get merits when there are so many more worthy things to do in a lifetime

You are sort of correct, Bossian, that merits are not the be all end all in the world... but they do tend to show which members are more actively involved in the community (this forum).. which may or may not be important to you from your own personal assessment of what is important in life.

Accordingly, if you just post whatever the fuck you like (or don't post, or just read various content), maybe you will get merits and maybe you will not.  There is no real compelling reason to focus considerable energies in the pursuit of merits for the sake of it, like you suggested, especially if you are otherwise comfortable with your forum posts, whatever level of acceptance you have in the forum and your chosen level of participation.

I totally agree that as far as life is concerned then Merit’s mean absolutely fuck all. We’re all here because of bitcoin, all we really need is for bitcoin to moon. I enjoy certain Merit milestones but overall I guess yeah, it isn’t too important.

Mainly there to keep the peasant away with there only alt acc usage etc....

Its a little improvement against the sigh campaign scam
Then again
The continue new merit stats spam threads and talk was born










I got a bit sucked in to the merit as well maybe, standing high and because of that hoping to climb higher just maybe, who's c*ck needs to be sucked...........

[Gyrsur]

there is one reason (besides many others) why BTCitcoin will succeed: printing infinite FIAT money to avoid the next recession

[mindrust]

It is going down. Tell Vegeta to go back home. It is not today.

[makrospex]

there is one reason (besides many others) why BTCitcoin will succeed: printing infinite FIAT money to avoid the next recession

While recessions are part of the fiat game by design, aren't they?

[Gyrsur]

there is one reason (besides many others) why BTCitcoin will succeed: printing infinite FIAT money to avoid the next recession

While recessions are part of the fiat game by design, aren't they?

but then let it happen because we have cycles of booms and downswings in Capitalism which is healthy. but what happens now is very dangerous for the entire system.

[becoin]

there is one reason (besides many others) why BTCitcoin will succeed: printing infinite FIAT money to avoid the next recession

While recessions are part of the fiat game by design, aren't they?

Not anymore! Game has changed in 2008. There will be no recessions anymore.
There will be money printing until the final and total collapse of current financial system.
It is close.

 

[Gyrsur]

It is going down. Tell Vegeta to go back home. It is not today.

just a Beartrap. told you so.

[LUCKMCFLY]

I want to see these statistics when Bitcoin reaches its bullish trend



You may have to see the money injected into the Exchanges to list or try to give shitcoins oxygen ...

Do you have a link to the source of that chart, or is the chart behind some kind of firewall?

Of course, the article is here: https://www.bloomberg.com/news/articles/2019-10-01/tether-not-bitcoin-likely-the-world-s-most-used-cryptocurrency

and the graphic source was taken for Coinmarketcap.com article

[Globb0]

I love it when a gentleman wins. No doubt.

[makrospex]

there is one reason (besides many others) why BTCitcoin will succeed: printing infinite FIAT money to avoid the next recession

While recessions are part of the fiat game by design, aren't they?

but then let it happen because we have cycles of booms and downswings in Capitalism which is healthy. but what happens now is very dangerous for the entire system.

In many ways, mankind is acting like there will be no tomorrow, more and more.
Interesting times...