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

[martyMC]

Steal money from "professional" traders?

Lawl. What a joke.

Bitcoin traders are basically gamblers who are aren't smart enough to realize that it's the exchanges who make the money. Those with deep enough pockets to manipulate the market may be able to earn short-term more than exchange fees and fiat transfer costs but the real gains are made by long-term growth.

Giving your bitcoins to an exchange to hold for you is just plain stupid. Not your keys, not your coins. The prudent investor avoids the internet, "wallets", passwords, etc. Do you understand dual-key cryptography? Simply  protect your private keys. Don't put all your eggs in one basket. When the day comes that your coins are worth many times what they're worth now, you'll be glad to be able to sweep small addresses.

Exchanges like CME or Bakkt are regulated, so they can't manipulate their market.

What about all the people who bought Bitcoin 2 years ago? How much did they earn as of now?

Those who paid over $30 in 2011 would have been way down when it was worth barely $5 in 2012. Those who paid over $1000 in 2013 would have been way down when it fell below $200 in 2015.

The smart people are the ones with the foresight to hold on to the coins they had while prices fell, and accumulate even more coins while they were cheap.

Even at the rock bottom price of $3.2k a year ago, those who bought for $1000 were doing pretty well. Those who stocked up at $5 or $30, or $200 are more than pleased with their investments.

When bitcoins are valued in 6 digits, these 4 digit prices will be seen as a bargain.

6 digits? you mean 6             no?
If you want I can bet 100$ against 50$ of yours that Bitcoin won't be at 6 digits in one year.  
You are seriously still dreaming of lambos in 2020?  
I'm observing $82xx as of now... 

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[Hueristic]

Steal money from "professional" traders?

Lawl. What a joke.

Bitcoin traders are basically gamblers who are aren't smart enough to realize that it's the exchanges who make the money. Those with deep enough pockets to manipulate the market may be able to earn short-term more than exchange fees and fiat transfer costs but the real gains are made by long-term growth.

Giving your bitcoins to an exchange to hold for you is just plain stupid. Not your keys, not your coins. The prudent investor avoids the internet, "wallets", passwords, etc. Do you understand dual-key cryptography? Simply  protect your private keys. Don't put all your eggs in one basket. When the day comes that your coins are worth many times what they're worth now, you'll be glad to be able to sweep small addresses.

Exchanges like CME or Bakkt are regulated, so they can't manipulate their market.

What about all the people who bought Bitcoin 2 years ago? How much did they earn as of now?

Those who paid over $30 in 2011 would have been way down when it was worth barely $5 in 2012. Those who paid over $1000 in 2013 would have been way down when it fell below $200 in 2015.

The smart people are the ones with the foresight to hold on to the coins they had while prices fell, and accumulate even more coins while they were cheap.

Even at the rock bottom price of $3.2k a year ago, those who bought for $1000 were doing pretty well. Those who stocked up at $5 or $30, or $200 are more than pleased with their investments.

When bitcoins are valued in 6 digits, these 4 digit prices will be seen as a bargain.

6 digits? you mean 6             no?
If you want I can bet 100$ against 50$ of yours that Bitcoin won't be at 6 digits in one year.  
You are seriously still dreaming of lambos in 2020?  
I'm observing $82xx as of now... 

W0w, you really are a certain kind of special, ask Homer to make you a cap.

Here's a recommendation.



You might have to fight her for it.

[jojo69]

fuck me

headed down to the Winchester for a pint

https://www.medrxiv.org/content/10.1101/2020.01.23.20018549v1.full.pdf

[Biodom]

Anybody follow @satoshi_babe on Twitter?

Well worth a wank look!

https://twitter.com/satoshi_babe

Even with BTC I'm fairly sure I could not 'afford' @satoshi_babe. One must know one's limitations. I'd pull something and die.

Much like the male praying mantis..debating now internally on if it would be worth it....hmmm....goodbye 'cruel' fiat-based world!

sorry..wandered into a daydream...happens often...

Still, a possibility.

[JimboToronto]

W0w, you really are a certain kind of special, ask Homer to make you a cap.

Here's a recommendation.



You might have to fight her for it.

I was gonna mention that I didn't say anything about 2020 but I realized I'd already fed the troll more than it deserved.

Your post sums it up nicely. Thanx.

[Hueristic]

https://www.youtube.com/watch?v=-uYUB8DZH2M

[xhomerx10]

fuck me

headed down to the Winchester for a pint

https://www.medrxiv.org/content/10.1101/2020.01.23.20018549v1.full.pdf

[BitcoinsGreat]

What exchanges do people recommend for sMerit???

https://www.bourdela.com/

Online:  2305

Thanks. I clicked that at work 

That's an adult escort site. Hopefully no one at the work saw that you clicked that in the office, else you could be fired by the boss 

[jojo69]

"boss"

[VB1001]

In other news, pretty pleased at the moment, feeling like I have my time thing sorted for now, there will be room for a lambo...er...rubidium standard, in the future

You are a box of surprises, jojo69, who knows what you are capable of doing with that frequency meter, I would not like to live near your home.

[makrospex]

fuck me

headed down to the Winchester for a pint

https://www.medrxiv.org/content/10.1101/2020.01.23.20018549v1.full.pdf

According to this data (estimatinf 5% of infections are known yet), roughly every 650th of infected dies, but if you consider the official numbers (1300:40) the lethality increases to 1/30.
The flu, in comparison, if you calculate the median of infection vs. deaths estimations, kills every 700th infected person.

Dedicated to the people that keep telling that the flu is worse than this pandemic pest.

Get youself UV-C lights (and protection goggles) 

[birr]

They're singin' about it in Oklahoma...
It's a beautiful day,
The corn is as high as an elephant's eye
And it looks like it's climbin' clear up to the sky!
https://youtu.be/oNi0NJ1dfeE

[bitebits]

Why it would go up please? I don't understand...

Cos it's BTC.

What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.


Edit: Apologies for feeding the troll. Ignored.

[Cryptotourist]

"boss"

[Icygreen]

Happy New Year WO's! (again)   Chúc Mừng Năm Mới 2020
Life is only as good as the people you share it with.

[ivomm]

Good Saturday morning, WO gang! I just saw a cool video and made this gif. I am going to have some coffee with my friends now, and this is how I will feel peeking at the price 

[martyMC]

Why it would go up please? I don't understand...

Cos it's BTC.

What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.

Because it would suit you? 

[Millionero]

Why it would go up please? I don't understand...

Cos it's BTC.

What do you mean? It's something that goes up with no reason? Till which level?

To 9000, obviously.

Because it would suit you? 

In two years it will go much higher than $9k.

[LFC_Bitcoin]

[VB1001]

https://en.wikipedia.org/wiki/Rat_(zodiac)

2020 Year of the rat

In Chinese culture, rats were seen as a sign of wealth and surplus. Because of their reproduction rate, married couples also prayed to them for children.

https://chinesenewyear.net/zodiac/rat/

To the moon  🚀