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

[Biodom]

I think I might just sell some gold today.

Maybe not a bad idea...albeit I already sold my GLD (don't have physical).
If everything would go down, gold would follow.
Not making any moves in the stock market and simply hodling here as well; S. Leisman is agitating for a $1 tril stimulation package.
I wonder if we would keep tip-toeing down at a 2-3% clip or would have one truly horrible day where we test circuit breakers, followed by a super rally.

Re Citadels-don't be too cocky in thinking that it would be btc in use there. It might be, albeit, no guarantees.

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[jbreher]

What? All this boomery talk and no one has posted an  “Ok boomer” yet?
Here ya go.....(bonus ...all caps with a pling ....and NM if someone already has)

OK BOOMER!

Insufficient emphasis. Must contain geocities-era sparklebling.

[jbreher]

Btw freebitco.in just started its own signature campaign. It will last only 4 weeks but they may continue if the results are good.

If any of you unemployed hat wearers need some extra coins, you may want to take a look. Pay is not bad too, $60/week.

https://bitcointalk.org/index.php?topic=5230893.0

By all means. Whore away your integrity for fifty (tiny) pieces of silver.

[jojo69]

I think I might just sell some gold today.

Maybe not a bad idea...albeit I already sold my GLD (don't have physical).
If everything would go down, gold would follow.
Not making any moves in the stock market and simply hodling here as well; S. Leisman is agitating for a $1 tril stimulation package.
I wonder if we would keep tip-toeing down at a 2-3% clip or would have one truly horrible day where we test circuit breakers, followed by a super rally.

Re Citadels-don't be too cocky in thinking that it would be btc in use there. It might be, albeit, no guarantees.

The real goal is to move it into Ag as the ratio is very high.  I am not above a bit of market timing to soften the dealers cut however.

Sell the Au on a spike, buy the Ag in a correction is the idea...we'll see how it works out...

[Biodom]

Tesla and all other electric cars are trojan horses and we are actually paying money to get them.

Now think about it... it is crazy.

They should give us them for free for what they are taking from us. Tbh I still wouldn't drive one if it was free.

I seriously considered Tesla, got a beemer instead. Model S is fine, but overpriced by at least 50%. Model 3 is too small of a car (spacewise and for the money).
Beemer is a pleasure to drive-when you ask for power-it gives it to you right there without complains.

[Last of the V8s]

https://medium.com/knox-blog/the-revolution-will-be-financialized-499427d89410

index of the best work towards the principled and ethical financialization of the Bitcoin communications protocol

-new custody company sums up most of the good stuff for 'investors'

[vapourminer]

Would you please stop saying Boomers built the internet?

then the web was born before my eyes. that was when you coded your web page in notepad or vi.

Copy con TED.bat
@echo off
Echo Ted was my choice for Dos text editing
<f6>

i remember edlin in dos. ug. must of repressed that memory.

[jbreher]

ok i see you're interested in elites, christine lagard and making money. Watch this video. If you can break the code you'lll probably be rich. She is talking about numerology. She is giving something only a minority of elites can decode watch https://youtu.be/QYmViPTndxw

OK, just to humor you, I watched it. Oddly, I don't recall the world's financial system undergoing a Global Currency Reset on 2014 Jul 20.

If you knew the numerology and the other secret symbols you would know.  

I would know ... what, exactly? That a Global Currency Reset is going to happen on 2014 Jul 20?

It's quite suprising to me that no one finds this unusual to talk publicly about the numerology and decoding at this meeting.

I find the talk of numerology unusual. I get it - Ms Legarde is one of our shapeshifting reptilian alien overlords. But the decoding? Yes, I guess I do find it surprising that a Global Currency Reset is going to happen on 2014 Jul 20.

Nope. The video is from 2014 but she is talking about 7 magical years. The reptilians fake story is similar to the fake flat earth movement. It's a good distraction for most of people to not believe or discover anything about this topic.

Gawd help me for replying....

So you sent me to a particular video in order to 'enlighten' me. The video you sent me to concluded with a decoding of Legarde's numerobasbblespeak saying that a Global Currency Reset is going to happen on 2014 Jul 20. Which obviously did not happen. Surprise. Not.

So now you are saying that the video you recommended contained a false conclusion? Then why use it to buttress your point to begin with?

Question 2: Just so we're clear - are you now claiming that a Global Currency Reset is going to happen on 2021 Jul 20?

And if seven is so special, the why is your nic not uranus7?

OK, that last question was tongue in cheek - no need to answer that one.

[jbreher]

During the flight one of the staff was spraying something in the whole cabin. Dunno what it was,

Distilled essence of recent Wuhan dead?

[jbreher]

Maybe the Thai Navy will see the virus as a threat to national sovereignty and threaten it with death.

Two in a row - you're swinging for the fences today! (<- semi-obligatory tip of the baseball cap to Jimbo's frankly incomprehensible obsession)

[JayJuanGee]

The Chicken Littles in banking say the sky is falling again...
https://cointelegraph.com/news/bank-of-england-warns-crypto-adoption-may-impact-credit-creation

Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank credit issuance.

That is not really a bitcoin specific article, yet of course, some of the dynamics in "stable" coins and various other government reactions to such crypto dynamics (that are not specifically aimed at bitcoin) can still end up having various affects and impacts on bitcoin.
 

Guys we are going up again. Don't jinx it, if you want your new lambo in 2020!

Jupiter9, is that you?  Believing in Voodoo?

[jbreher]

Android. All phones do the same things, and android is much cheaper.

Unless something changed recently, you can't do low-latency (i.e., usable) multitrack recording on Android.

[JayJuanGee]

[edited out]

So, maybe testosterone is the cure. We should just throw infected men into a pit to fight over a slab of bacon.

Fighting over a hot chick might yield a similar (or possibly more enthusiastic) result.  

[peonminer]

The Chicken Littles in banking say the sky is falling again...
https://cointelegraph.com/news/bank-of-england-warns-crypto-adoption-may-impact-credit-creation

Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank credit issuance.

That is not really a bitcoin specific article, yet of course, some of the dynamics in "stable" coins and various other government reactions to such crypto dynamics (that are not specifically aimed at bitcoin) can still end up having various affects and impacts on bitcoin.

“In such a world, and depending how and whether stablecoins were backed with other financial assets, the supply of credit to the real economy through the banking system could become weaker or indeed disappear. That would be a change with profound economic consequences.“

https://cointelegraph.com/news/bank-of-england-warns-crypto-adoption-may-impact-credit-creation

It's interesting to see that they are still trying to portray cryptocurrency as a "fake economy". I get the feeling that they are less worried about being able to issue credit (they can just print more money); instead, they are worried that they won't be the only option for people to reach out to for real and fungible credit.

[jbreher]

Even if these were true, I still don't want to drive a goddamn computer with wheels which some other guy can press a button and stop its engine.

You probably already do.

Well, I guess you could be driving a 1966 Ford Galaxie 500. There must be at least three of those still running somewhere.

[Biodom]

Would you please stop saying Boomers built the internet?

then the web was born before my eyes. that was when you coded your web page in notepad or vi.

Copy con TED.bat
@echo off
Echo Ted was my choice for Dos text editing
<f6>

i remember edlin in dos. ug. must of repressed that memory.

ha ha..brings back some fun memories
Try to write a scientific paper using xywrite...oh, my.

Nobody wants to listen to boomers anymore, but it is an interesting generation that lived through major tech upheavals.
They started (and lived into their mid-late twenties) when people were still WRITING letters (and sending them by snail mail) to each other for once.
Yet, here they are, facebooking, tweeting, etc. They adopted.
What would millenials have to adopt to in 30 years? It's an interesting question.

[jbreher]

Even if these were true, I still don't want to drive a goddamn computer with wheels which some other guy can press a button and stop its engine.

Fuck this.

Fuck tesla.

Get one of these

[JayJuanGee]

Is the trajectory constant or not? You are employing a loose definition of the word "constant" to make your case here. Within the "random deviations from the trajectory" could exist several other trajectories, depending on what span of time we're talking about. Within the cluster of those sub-trajectories exists risk if you are a shorter-term trader.

You didn't even know the trajectory was upward until after it had taken place, so to say it was a "risk free" investment is a statement made after the fact, and basically meaningless. Its like making a prediction on 2015's price of bitcoin in 2020. Sure, after the fact, we can say that the overall trajectory was up, and there existed a lot of volatility in the middle. But nobody knew it was a risk-free investment in 2015.

I'm starting to feel like you're trolling me now. What part about "a constant trajectory around which the price oscillates" do you not understand?

Not even going to address the rest of the post until we've established why you refuse to understand this and keep repeating the same wrong thing over and over even when it's pointed out to you.

"Volatility, in essence, is nothing but a random oscillation around a potentially unknown trajectory."

Did we get the real "BTCMILLIONAIRE" back as contrasted to that nutjob that we had posting under the same avatar a few months ago?

 

Is the trajectory constant or not? You are employing a loose definition of the word "constant" to make your case here. Within the "random deviations from the trajectory" could exist several other trajectories, depending on what span of time we're talking about. Within the cluster of those sub-trajectories exists risk if you are a shorter-term trader.

You didn't even know the trajectory was upward until after it had taken place, so to say it was a "risk free" investment is a statement made after the fact, and basically meaningless. Its like making a prediction on 2015's price of bitcoin in 2020. Sure, after the fact, we can say that the overall trajectory was up, and there existed a lot of volatility in the middle. But nobody knew it was a risk-free investment in 2015.

I'm starting to feel like you're trolling me now. What part about "a constant trajectory around which the price oscillates" do you not understand?

Not even going to address the rest of the post until we've established why you refuse to understand this and keep repeating the same wrong thing over and over even when it's pointed out to you.

"Volatility, in essence, is nothing but a random oscillation around a potentially unknown trajectory."

You're talking about a moving average that could only be established after a bunch of data points had been collected, which is the main thing I have an issue with. In order for something to be a "risk free investment", you're implying that somehow the trajectory could be established prior to it happening. I'm saying it couldn't. Only after the fact could it be demonstrated to be risk free. It just sounds like you ascribe to trend following, which is fine, but that doesn't negate the correlation between volatility and risk.

So what am I getting wrong?

You don't have to bother addressing the rest of the post if you don't want to.

Sure you can make a lot of points about volatility and risk, but in the end, I gathered that the main starting point that BTCMILLIONAIRE was attempting to make is that they are two different concepts.  So, sure, discuss the fuck out of either or both concepts, but don't conflate them, nutildah, because it is way too fucking confusing and inaccurate to conflate those two different concepts that may or may not be related and are asset specific and also time-frame and context specific too.

[jbreher]

I seriously considered Tesla, got a beemer instead. Model S is fine, but overpriced by at least 50%. Model 3 is too small of a car (spacewise and for the money).

I really wanted a Tesla to work for me. But my daily driver of 21 years was a full-size van. Went and looked at the nearest dealership (over an hour away, FFS). Even the X was too small by a large margin.

Ended up with a Denali instead.

To add insult to injury, GMC recently pre-announced a 1000HP Hummer-branded EV. Maybe shoulda waited? Time will tell.

[hodl_2015]

To add insult to injury, GMC recently pre-announced a 1000HP Hummer-branded EV. Maybe shoulda waited? Time will tell.

or wait for the Tesla Semi truck.
(getting bored of this 9100 here. do something!)