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

[gentlemand]

Dammit, today is the end of the year party or April Fools Day...

That account has long acted like several different people are using it.

One moment he's running his little fingers up and down his shaft at the prospect of BCH, a project with massive centralisation that has been 51 percented, and on the same day he's urging Bitcoin miners to change algorithm to save decentralisation.

Make up yer fuggin mind.

I can see why someone who's been around for so long will have gone mad, most seem to eventually, but I would expect him to be disenchanted by the tsunami of shit created rather than moaning about them not being taken seriously. There's still hardly anything that expresses the slightest interest in repeating BTC's principles.

[d_eddie]

Critic: Nothing backs Bitcoin.

Bitcoiner: What backs the dollar?

Critic: An army on the outside and police on the inside.
Such backing is hard to dismiss.

Bitcoiner: Mathematics. Harder still.


(Just playing devil's advocate.)

[LFC_Bitcoin]

We were told the last halving was priced in & we all know how that worked out. People saying this are mainly trolls & NOCOINERS.

The halving is not priced in, no fucking way.

[NeuroticFish]

What backs the dollar?

Promises made by politicians. Veeeery reliable, lol!

[HairyMaclairy]

Happy Preemptive New Years WOers !

A small competition to celebrate the ending of 2019 (and the bear season with it) and a welcome to 2020.  

As always, name this landmark.  It is a major global landmark.  Usual rules apply: 10 merits to first person to name location.  V8 is only allowed two guesses per day. More pixels added at random intervals.  The full picture is identifiable as the landmark.  

[DeathAngel]

@HM - I’m rubbish as these games. Maybe New York City, Times Square.

[P_Shep]

Happy Preemptive New Years WOers !

A small competition to celebrate the ending of 2019 (and the bear season with it) and a welcome to 2020.  

As always, name this landmark.  It is a major global landmark.  Usual rules apply: 10 merits to first person to name location.  V8 is only allowed two guesses per day. More pixels added at random intervals.  The full picture is identifiable as the landmark.  

Shibuya, Tokyo?

[mindrust]

Today a friend of mine (we graduated from the same college) told me that he wants to invest in bitcoin for a quick hit and run. Invest $5k, get out when its $7-8.

I said ok, there is nothing wrong about it. I too believe it will reach at least 9-10k once again in a year.

Then I showed him how I make my buys/sells on an exchange. Then he asked me a question:

"After you buy these bitcoins, at which bank do you keep them? ING?"

I was like, "Bruh..." I was going say that with bitcoin you are your own bank but then I realized he wasn't ready for that, yet. I told him instead:

"I think you need some education before buying this shit." Then he left my place and he told me he'll wait for 6k to enter. xd which of course may never come.

See where I am getting to?

THIS IS STILL IN THE EARLY PHASE, WE ARE STILL THE EARLY ADOPTERS.

[Dabs]

Bitcoiner: Mathematics. Harder still.


(Just playing devil's advocate.)

More succinctly, more than ten thousand full nodes, more than hundreds of miners in dozens of mining pools in several countries, some not in good terms with each other or having some disputes over trade or territory, some not having any diplomatic relations with each other, all connected by the internet. Each one having its own government or military or police.

[Gyrsur]

softfork of Hairy MacBush's image puzzle.

Where is it located?



MicGoossens is allowed to guess twice a day because reasons.

[El duderino_]

Happy Preemptive New Years WOers !

A small competition to celebrate the ending of 2019 (and the bear season with it) and a welcome to 2020.  

As always, name this landmark.  It is a major global landmark.  Usual rules apply: 10 merits to first person to name location.  V8 is only allowed two guesses per day. More pixels added at random intervals.  The full picture is identifiable as the landmark.  

When is this pic taken normal always the day/moment itself, is this the same ?? Or an older pic??

[El duderino_]

softfork of Hairy MacBush's image puzzle.

Where is it located?



MicGossens is allowed to guess twice a day because reasons.

Not at my house, I have 6 of them in a row for reasons

[DeathAngel]

softfork of Hairy MacBush's image puzzle.

Where is it located?



MicGoossens is allowed to guess twice a day because reasons.

Your local public toilet & glory hole?

[Bossian]

Today a friend of mine (we graduated from the same college) told me that he wants to invest in bitcoin for a quick hit and run. Invest $5k, get out when its $7-8.

I said ok, there is nothing wrong about it. I too believe it will reach at least 9-10k once again in a year.

Then I showed him how I make my buys/sells on an exchange. Then he asked me a question:

"After you buy these bitcoins, at which bank do you keep them? ING?"

I was like, "Bruh..." I was going say that with bitcoin you are your own bank but then I realized he wasn't ready for that, yet. I told him instead:

"I think you need some education before buying this shit." Then he left my place and he told me he'll wait for 6k to enter. xd which of course may never come.

See where I am getting to?

THIS IS STILL IN THE EARLY PHASE, WE ARE STILL THE EARLY ADOPTERS.

The big big majority of Bitcoin buyers and Bitcoin holders are in the game to convert to fiat and cash out eventually, even the most enthusiastic holders in this thread (ivomm just posted a few hours ago about the price he would cash out all, and he is a fervent Bitcoin believer).

There is nothing wrong with your friend. Buying at 7k and selling at 8k is over 10% profit, if it is achieved within a month or two, that's a nice profit compared to big majority of stocks or even gold.
Furthermore, his question about banking is a very good one. Right now some banks refuse crypto transactions, or you may pay taxes depending on the country you reside in, so the temptation to hide your profits is real.

Banks I can recommend right now: Mistertango, Epayments, maybe Monese but need to double check their rules. Not Transferwise unfortunately.

[mindrust]

Today a friend of mine (we graduated from the same college) told me that he wants to invest in bitcoin for a quick hit and run. Invest $5k, get out when its $7-8.
I said ok, there is nothing wrong about it. I too believe it will reach at least 9-10k once again in a year.
Then I showed him how I make my buys/sells on an exchange. Then he asked me a question:
"After you buy these bitcoins, at which bank do you keep them? ING?"
I was like, "Bruh..." I was going say that with bitcoin you are your own bank but then I realized he wasn't ready for that, yet. I told him instead:
"I think you need some education before buying this shit." Then he left my place and he told me he'll wait for 6k to enter. xd which of course may never come.
See where I am getting to?
THIS IS STILL IN THE EARLY PHASE, WE ARE STILL THE EARLY ADOPTERS.

Dawg, the big big majority of Bitcoin buyers and Bitcoin holders are in the game to convert to fiat and cash out eventually, even the most enthusiastic holders in this thread (ivomm just posted a few hours ago about the price he would cash out all, and he is a fervent Bitcoin believer).

There is nothing wrong with your friend. Buying at 7k and selling at 8k is over 10% profit, if it is achieved within a month or two, that's a nice profit compared to big majority of stocks or even gold.

The story wasn't about that. I already told you there is nothing wrong about it. (making a quick buck)

What I'm saying is, he wants to invest in btc. He wants to get a piece from the action. He wants to get in cheap like everybody (me included)

But...

He has no IDEA I mean NONE about what bitcoin is and what it is capable of. NONE. ( I do)

These are the people who get slaughtered when btc goes south. He will always wait for a cheaper price to get in and it will never come. Because he doesn't understand what he is investing in.

[Bossian]

Today a friend of mine (we graduated from the same college) told me that he wants to invest in bitcoin for a quick hit and run. Invest $5k, get out when its $7-8.
I said ok, there is nothing wrong about it. I too believe it will reach at least 9-10k once again in a year.
Then I showed him how I make my buys/sells on an exchange. Then he asked me a question:
"After you buy these bitcoins, at which bank do you keep them? ING?"
I was like, "Bruh..." I was going say that with bitcoin you are your own bank but then I realized he wasn't ready for that, yet. I told him instead:
"I think you need some education before buying this shit." Then he left my place and he told me he'll wait for 6k to enter. xd which of course may never come.
See where I am getting to?
THIS IS STILL IN THE EARLY PHASE, WE ARE STILL THE EARLY ADOPTERS.

Dawg, the big big majority of Bitcoin buyers and Bitcoin holders are in the game to convert to fiat and cash out eventually, even the most enthusiastic holders in this thread (ivomm just posted a few hours ago about the price he would cash out all, and he is a fervent Bitcoin believer).

There is nothing wrong with your friend. Buying at 7k and selling at 8k is over 10% profit, if it is achieved within a month or two, that's a nice profit compared to big majority of stocks or even gold.

The story wasn't about that. I already told you there is nothing wrong about it. (making a quick buck)

What I'm saying is, he wants to invest in btc. He wants to get a piece from the action. He wants to get in cheap like everybody (me included)

But...

He has no IDEA I mean NONE about what bitcoin is and what it is capable of. NONE. ( I do)

These are the people who get slaughtered when btc goes south. He will always wait for a cheaper price to get in and it will never come. Because he doesn't understand what he is investing in.

Ok, sorry I misunderstood your post   then I agree. I have similar friends. All of my friends I talked to about Bitcoin think for example that you need to enter your full name, date of birth etc. to open an online wallet. Actually all of them have no idea, some are waiting for Bitcoin to go back to 1k to buy for a profit.
As usual I think in Asia most people are usually a bit more advanced about Bitcoin compared to most of the West.

[gentlemand]

Your local public toilet & glory hole?

It's his 'seduction room'.

The first urinal is filled with champagne. The second chocolate. The third edible panties. The fourth condoms (but he complains they're too tight so conveniently takes them off).

Pray that you never find yourself there.

[JimboToronto]

A happy New Year's Eve morning Bitcoinland.

Still going sideways... currently $7249USD/$9427CAD (Bitcoinaverage).

It's starting to look like December will end up where we started.

Congrats to Gembitz and Roach on your newborn baby Yoda. 

https://www.mirror.co.uk/news/uk-news/transgender-man-gives-birth-non-21177808

So this person wants to be "referred to as them or they rather than he or she"?

Since when did a singular person become plural?

The proper term would be "he or she", or even better, "it".

[d_eddie]

[lightfoot]

I do not want to think about what the fifth one is filled with....