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

[kurious]

https://www.bloomberg.com/news/articles/2019-11-27/huge-bets-that-gold-could-triple-to-4-000-trade-in-new-york

Around noon in New York, 5,000 lots for a gold option giving the holder the right to buy the precious metal at $4,000 an ounce in June 2021 changed hands. The bets were sold at $3.50 an ounce.

This is actually good news for bitcoin.

I agree it could be good, but the article is a little silly - it's not a 'huge' bet at just $22,500 in outlay.

Any decent rise in rise will increase the value of those options, which can be sold at a profit...

(time for bed, WOs - nite!)

[goldkingcoiner]

Sunlight is literally ionizing radiation that tears through your cells like a rock through wet toilet paper. Can't understand the fascination of people spending hours, destroying their own skin to make it look browner.  

You people don't know the meaning of pain until you swim through a swarm of jellyfish with a second degree sunburn.  


Not a sun worshipper - Goldkingcoiner 2019

[Raja_MBZ]

When bitcoin discussion?

Or is this ass thing somehow related to bitcoin as well?

 

[xhomerx10]

When bitcoin discussion?

Or is this ass thing somehow related to bitcoin as well?

 

 It's a coping mechanism for the dips.  Perineum light therapy.

[jojo69]

the ass thing is always about bitcoin

[Raja_MBZ]

It's a coping mechanism for the dips.  Perineum light therapy.

the ass thing is always about bitcoin

Good to know! This helps.

I guess I'll never be as knowledgeable as you two.

[Deathwing]

There has been a good amount of rise in the past few hours. I feel bad for people who were afraid and sold their coins a few days ago, they'd have a good amount of money now. Not to mention that although I don't have much experience in observing charts, there is a possibility of it rising.

no guarantees.

[realr0ach]

What will Jim Rickards think when he realizes he is wrong...?

Jim Rickards (the CIA, Jewish occupied govt shill) told everyone buying gold is good but be sure not to buy too much silver, only maybe a monster box at most (500 coins).  He seemed to overlook the fact that even if you assume 99% of the people walking the planet are too poor or too stupid to buy metals, there's only 30 one ounce silver coins left per person in the other 1%.

[realr0ach]

Sunlight is literally ionizing radiation

I don't like the word ionizing in the context of people using it like 1% power below ionizing (i.e. instantaneous damage) is somehow safe.  The word ionizing implies there are somehow two entirely separate categories of energy:  one safe, one unsafe.  When it's just a single, sliding scale and the higher you go, the more dangerous it is, as it pertains to humans at least.  I personally even use wireless G (2.4ghz) instead of AC:

In 2010, the German media reported that cancer rates in Germany have increased by 90% in men and 40% in women since 1990, an era when Germans began using wireless phones with a vengeance.

[JayJuanGee]

Bitcorn number go up !

[Gay Screaming]

Surely, great to rejoice these kinds of bounces.

Even if such bounce is not permanent, it surely has reached more than a solid $1,111.11 distance from the near $6,515 local bottomm, which feels good, man.  #nohomo

[JayJuanGee]

Seriously wtf is going on? I can imagine this is one guy pumping and dumping... Because there is no fucking interest in cryptos atm.

Look who either oversold or failed to sufficiently buy back in.         


If you do not pee pare ur lil selfie for both up and down, you deserve to get REKKT... and no sympathies for down pushers/hopers, especially when we have already recently experienced more than sufficient down. 

[JayJuanGee]

God damn......  

Just when I was done with spinning course... I treated myself on a Pizza Quatro formaggi + 3 rosé wines on rocks....

Then when I was outside I realised I lost all of my BTC on a boating incident few days back    

I'm here now only to write and believe but damn that boating trip F***

That should help you to reign in some of your ostentatious and extravagant demonstrations of consumption, hopefully.      

Before Mic can answer, perhaps he'll indulge us by letting us participate in the new poll.

Old poll:

The conditions of the old poll have not even been met, yet.  we are still in the middle....

AmiNOTrite?

It was a close battle, with the bullet barely missing the $6,500 mark. $7,500 it is.
Shut up Jay.

Hey!!!!!   Don't shoot the messenger. 


Shouldn't you, infofront, be rejoicing the nice little bouncity bounce of our mutual lil fiend, aka corn?

I'm going to refrain from saying much more at this particular moment on this point (unless I can think of something important or witty) since I fraidie kitty to jinx any possible delicate thingie-ma-jiggilie... not that I am superstitious. ...






.. carma and all dat.... 

[JayJuanGee]

Finally a place where the assholes of the world can unite and talk about.. uhm.. their assholes ?  
Do we get a new poll about this new topic as well ?

Edit : mmmm maybe we should first address current poll.
question : does Mic own a boat ? Could help with the voting....

He don't like boats, so there's that.

[Paashaas]

The approximate scale of the largest known supermassive black hole (S5 0014+81) compared to the size of our solar system.

[jojo69]

still smaller than your mom

[JayJuanGee]

@PAASHAAS indeed I don't understand some people and how they are attached to what they know "FIAT", they act like they believe and know BTC + it's fundamentals etc but actually only interested to see a net worth "FIAT" rise

A very know thing of people that I have noticed over time is that they just emotionally can't handle a balance drop...

Like when a person has an X-net worth they wanna achieve an X-goal and when thats reached they will do everything to not going under that again...

Probably true coiners will be hoping to achieve X-amount of coin and when achieved they don't wanna go under

Only most people doesn't understand they have to live (be smart of-course and don't trow away money etc but live), also in order to gain more of what one likes to gain you might need to invest and go under your previous achieved amount .... but thats just how things work, then again some people are just emotionally not able and will always be herd animals, whiteout taking necessary risks...

I have respect for most and many of the WO's and I know many thinking right (If what I think is right ?? maybe i'm wrong  ).... But if i'm right then many are like minded though I know some people that have to work on there approach towards BTC etc

I think that we learn a lot through age and practice.

Not too many people receive an education regarding how to handle their finances when they are young, so many have to learn on their own, and attempt to be somewhat astute about it.  Surely, this seems to be another area where the rich are likely advantaged, because we do not necessarily need to learn all of the most painful lessons of life through experience in the event that we have good models in our life that we can emulate.

So, good techniques and practices can supplement experience, and also starting out with a large pot can also provide a lot of advantages and even cushion for screwing up.

I certainly do not frown on any money building technique that includes preservation of wealth or even constant building of wealth rather than risking too much or going into debt in order to increase odds to increase wealth through investing that debt.. and of course picking investment that have odds in your favor, too... and yeah, sometimes, it can pay off well to take risk - but it might not be necessary, especially if you already have a decent amount of wealth through acquisition or merely as a starting point.

A few days ago, I went back and reviewed some of my historical investment strategies, and I had kind of concluded that I was balling in some kind of way because I had built a decent amount of wealth for myself through the years, merely by living within my means and always investing (even small amounts) and not really taking BIG chances in terms of gambling on investments that had low chances of success.

I also believe that there surely is a BIG ASS (and kind of unfair) multiplier effect that exists for people who never have to go into debt in order to multiply their wealth.  I probably would have never come nearly as close to as wealthy as I had been able to become if I had not had access to debt instruments and to use those kinds of debt instruments towards investing rather than consumption... .. deferred gratification and all of that (NOTE: I am not specifically referring to whatever I presume to know about your personal situation here, mic, so don't get all huffy and puffy and personal about whatever I am saying because I am trying to refer to general concepts of using money to make money by investing rather than consuming... at least while a guy (or gal) is in the early stages of wealth accumulation attempts).

[realr0ach]

Another day, another Jew promoting white genocide and the destruction of the US and Europe via the Kalergi Plan:

https://dailystormer.name/jew-bloomberg-says-america-needs-an-awful-lot-more-immigrants/

[Bossian]

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

The trend is still clearly bearish, bro.

It's a bounce back. I think there will be another low soon around 6.5k and another bounce back towards 9k (nice one) for beginning of next year. But the trend clearly showing an ABC correction (zigzag) towards the 4k-ish direction, it would be silly to buy now, I'd rather wait until next year.

Of course there is always a possibility to break above 12k (that would mean 20k after that) but the probability of this scenario is very low right now.

Long term holders have nothing to worry about but that means very long term (2025 and after that), but for 2020 no reason to be optimistic. I will personally sell at 9k and wait for another buy point which would be around 4k next year.


PS: there is nothing "trolling" about calling bear trends. It is crystal clear the trend is bearish right now and will last for at least 6 months. 

[whiteboy420]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

[Paashaas]

still smaller than your mom

Unfortunately, i was born too late to explore the world and i was born too early to explore the universe.

Btw..keep my mother out of this, you sound like a retard.