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

[akhjob]

Bakkt just launched two new products:

• Bakkt Bitcoin Monthly Options:
The first CFTC regulated option on futures contract for bitcoin
• Bakkt Bitcoin Cash Settled Futures:
A new cash settled futures contract available on ICE Futures Singapore

https://twitter.com/bakkt/status/1204046280072318976

[1715255006]

1715255006

[1715255006]

1715255006

[1715255006]

1715255006

[1715255006]

1715255006

[1715255006]

1715255006

[arklan]

First BTC node in space.

Points to note:
1. Jeff Garzik Bitcoin core developer, possibly This Guy
2. Space agencies for satellite launch Nasa > SpaceX > Chinese (CNSA) then followed by Indian (ISRO) in future.

A Bitcoin Wallet Is Orbiting the Earth at 5 Miles Per Second

CAPE CANAVERAL, FLORIDA – At exactly 12:29 EST on Thursday, a crypto wallet built by developers at SpaceChain hurtled into the stratosphere aboard a Falcon 9 rocket.

When it arrived at the International Space Station, the 1kg node – only a fraction of SpaceX CRS-19 resupply mission's 2,600kg payload – became the first active bitcoin node on the ISS.

For SpaceChain, the launch is a step forward in its mission of building out a robust, decentralized blockchain infrastructure high above the Earth. The wallet will be beyond any country’s jurisdiction – and well above the reach of any physical hardware hacks.

SpaceChain sees its nodes as a radical new way to make crypto transactions more secure. This is the three-year-old company’s third launch and its first from American soil. The other two launches blasted off from China.

This is some cool ass shit that i'd love to heart on the Nightly News!

ok, that is actually really cool. i need to read more on that...

[LUCKMCFLY]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

[JayJuanGee]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

That's a ridiculous assertion.  Bitcoin had absolutely no value when it launched, and it took nearly a year and a half to get some kind of idea of possible value (with the pizza transaction), and maybe a couple more years to get any kind of meaningful exchange trading with MTGOX and some of the limited number of exchanges to cause some kind of possibly meaningful liquidity.  

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011 - but still seems a bit too damned niche in those earliest of days to even be attempting to compare with start-up companies with some track recored or even mature companies/investments, like the ones listed.

[bitserve]

^Agreed.

This "stability" is nerve wrecking btw.

[JSRAW]

@VB1001 Nice history on the WOhats. I'll be glad if I got one of xhomerx10 hats in future.

I'm glad you liked it, as far as I'm concerned, I only collect information, the hats are xhomerx10 designs he decides when and how.

Oh sorry for the misunderstanding. The 1st sentence was an appreciation for your extensive search. The 2nd one is for xhomerx10
Maybe be I should have separated them with a line 

Bro, Post any pic of your choice for hat avatar here and if for some reasons you are not posting in public then send PM to @xhomerx10 with same.
For speed up the order add some heart, kisses emoji text with magic word Please but don't forget to add #NoHomo

[JayJuanGee]

^Agreed.

This "stability" is nerve wrecking btw.

You must be so relieved, though, bitserve.

Remember the good ole days when you were so capitulating-inclined (like last year around this time, and might have already started in September or October of 2018?... I am too lazy to look it up).

I get the sense that your spirits are UP, even if you might be reluctant to admit it.  


 

[LUCKMCFLY]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

That's a ridiculous assertion.  Bitcoin had absolutely no value when it launched, and it took nearly a year and a half to get some kind of idea of possible value (with the pizza transaction), and maybe a couple more years to get any kind of meaningful exchange trading with MTGOX and some of the limited number of exchanges to cause some kind of possibly meaningful liquidity.  

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011 - but still seems a bit too damned niche in those earliest of days to even be attempting to compare with start-up companies with some track recored or even mature companies/investments, like the ones listed.

Well, yes, maybe it was because the author of the article did not take into account that after the pizza transaction started everything, the truth is that that detail I missed, thank you very much, it is a golden observation ... Then the graphic obviously it would have another form, judging by mathematics, it would have to have a horizontal behavior and not pronounced from the beginning ...

[AlcoHoDL]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

That's a ridiculous assertion.  Bitcoin had absolutely no value when it launched, and it took nearly a year and a half to get some kind of idea of possible value (with the pizza transaction), and maybe a couple more years to get any kind of meaningful exchange trading with MTGOX and some of the limited number of exchanges to cause some kind of possibly meaningful liquidity.  

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011 - but still seems a bit too damned niche in those earliest of days to even be attempting to compare with start-up companies with some track recored or even mature companies/investments, like the ones listed.

My thoughts exactly.

It's like a 1/0 = Infinity kind of thing...

[bitserve]

^Agreed.

This "stability" is nerve wrecking btw.

You must be so relieved, though, bitserve.

Remember the good ole days when you were so capitulating-inclined (like last year around this time, and might have already started in September or October of 2018?... I am too lazy to look it up).

I get the sense that your spirits are UP, even if you might be reluctant to admit it.  


 

Not reluctant at all. IIRC I was relieved "enough" when BTC climbed over $5K (not only because of the price, but the strenght and dynamics of the bounce) which is when I removed my "capitulation" status.

So yeah, my spirit is somewhat up when it comes to Bitcoin (IRL issues aside). Far from euphoric though... if you ever notice me too much euphoric please remind me to sell some this time (in case I "forget" to do it... again).

I am not very happy that, unlike during the 2014-2015 bear market, my BTC count has barely increased this time but I'll have to live with that.

Also I am still fearful that so much expectation from so many people about the halving could not result in the expected outcome and when I see "predictions" for the next 2-5 years like $50K, $100K and over I get nervous. Well, we will see. Whatever it has to be, just let it be. I will just HODL (and try to sell *some* when the time price comes).

[kurious]

A reminder that the battle for open source financial and communication freedom is not ever 'won'.  A little vigilance is essential.

https://medium.com/swlh/how-microsoft-might-become-a-threat-to-bitcoin-f886fe7fbb3a

'The American software behemoth has been censoring the development of open-source software on Github. This has serious implications for blockchain development projects, including Bitcoin.'

[mindrust]

A reminder that the battle for open source financial and communication freedom is not ever 'won'.  A little vigilance is essential.

https://medium.com/swlh/how-microsoft-might-become-a-threat-to-bitcoin-f886fe7fbb3a

'The American software behemoth has been censoring the development of open-source software on Github. This has serious implications for blockchain development projects, including Bitcoin.'

I am sure there are other alternatives to github. They are chasing a ghost here.

Many devs already moved from GitHub to somewhere else. (GitLab, SourceForge, Bitbucket ?)

If microsoft buy these too, there will be something else.

Maybe some day all the development moves to deepweb/tor network.

[El duderino_]

They promised us an X-mass price.....

[MERlT]

They promised us an X-mass price.....

The hats are very nice, but in the interim the bastards are building the Death Star https://www.youtube.com/watch?v=3dW549Ohkxo

[psycodad]

A reminder that the battle for open source financial and communication freedom is not ever 'won'.  A little vigilance is essential.

https://medium.com/swlh/how-microsoft-might-become-a-threat-to-bitcoin-f886fe7fbb3a

'The American software behemoth has been censoring the development of open-source software on Github. This has serious implications for blockchain development projects, including Bitcoin.'

I am sure there are other alternatives to github. They are chasing a ghost here.

Many devs already moved from GitHub to somewhere else. (GitLab, SourceForge, Bitbucket ?)

If microsoft buy these too, there will be something else.

Maybe some day all the development moves to deepweb/tor network.

When Microshaft announced the github takeover I moved our stuff to a self-hosted gitea instance and back it up via duplicity to a protonmail account. Fixed.

Being in this business since the early 90s I learned that whatever you use from Redmond will bite you sooner or later (often sooner).

[somac.]

Also I am still fearful that so much expectation from so many people about the halving could not result in the expected outcome and when I see "predictions" for the next 2-5 years like $50K, $100K and over I get nervous. Well, we will see. Whatever it has to be, just let it be. I will just HODL (and try to sell *some* when the time price comes).

I remember the period before the halving in 2016, and I can assure you there were just as many predictions (on a per capita basis, bitcoin community was much smaller then with little mainstream pickup) about how the price was going to boom. The only difference this time is that they are putting lofty price targets along with the prediction. It seems that the only reason why these price predictions are happening this time is because of the very popular stock to flow analysis by PlanB.

I am not fearful at all, and anyone who has an understanding about supply constricted markets shouldn't be fearful either.

[dragonvslinux]

That moment you go to dollar cost average your weekly paycheck, and you find your bank is having downtime  
Also the moment you remember why your investing in decentralized infrastructures.

[BitcoinGirl.Club]

They promised us an X-mass price.....

On sale?

By the way, good morning WO!
Observing @ $7,341

[Icygreen]

They promised us an X-mass price.....

The bastards are building the Death Star https://www.youtube.com/watch?v=3dW549Ohkxo

Thanks for that link.  I was surprised how well put together it is.
Also confirms my suspicions about Kelly Loeffler's intentions.  Seems like money and power almost guarantee a shady as fuck future.

[MERlT]

They promised us an X-mass price.....

The bastards are building the Death Star https://www.youtube.com/watch?v=3dW549Ohkxo

Thanks for that link.  I was surprised how well put together it is.
Also confirms my suspicions about Kelly Loeffler's intentions.  Seems like money and power almost guarantee a shady as fuck future.

Thanks for the Merit 👍, Yeah! shady is an understatement , looks like they want to appear too increase the 21,000,000 Bitcoin limit
with their Beyond Bitcoin BS.