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

[Bitcoinaire]

𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘸𝘢𝘴 𝘣𝘰𝘳𝘯 𝘪𝘯 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘤𝘳𝘪𝘴𝘪𝘴.  𝘐𝘵 𝘸𝘪𝘭𝘭 𝘤𝘰𝘮𝘦 𝘰𝘧 𝘢𝘨𝘦 𝘪𝘯 𝘵𝘩𝘪𝘴 𝘰𝘯𝘦.

The price of bitcoin may set a new record in the next twelve months. It’s not going to happen overnight. My best guess is that it will take institutional investors 2–3 months to triage their current portfolio issues. Another 3–6 months to research new opportunities like distressed debt, special situations, crypto, etc. Then, as they begin making allocations, those markets will really begin to rise.

https://medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7
https://twitter.com/dan_pantera/status/1243256048317878272

[jojo69]

so I guess this means the US has weapons in space now

[Cryptotourist]

~

A warrior of light an adult does not act like that.

ftfy

Objection, your honor.

Got it right next to me actually. It's surprisingly inspiring.

How about that?
It does find those that need it the most.

[Biodom]

𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘸𝘢𝘴 𝘣𝘰𝘳𝘯 𝘪𝘯 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘤𝘳𝘪𝘴𝘪𝘴.  𝘐𝘵 𝘸𝘪𝘭𝘭 𝘤𝘰𝘮𝘦 𝘰𝘧 𝘢𝘨𝘦 𝘪𝘯 𝘵𝘩𝘪𝘴 𝘰𝘯𝘦.

The price of bitcoin may set a new record in the next twelve months. It’s not going to happen overnight. My best guess is that it will take institutional investors 2–3 months to triage their current portfolio issues. Another 3–6 months to research new opportunities like distressed debt, special situations, crypto, etc. Then, as they begin making allocations, those markets will really begin to rise.

https://medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7
https://twitter.com/dan_pantera/status/1243256048317878272

super interesting

[Cryptotourist]

Freedom is just another word for nothing left to lose.

Damn right.
Once you've lost that, you might just shrivel up and die.

"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed"

Perspective.
Do watch:

https://www.youtube.com/watch?v=A6S82xVitTw

All of it now, especially you Ibi. Then you can have a cookie.

[Ibian]

UK Chancellor just said self employed people will get up to 80% of their earnings but we have to wait until June.
It’ll be a 3 month pay out back dated to now so 3 x 80% what you earn.

It’s a good thing I have a couple of streams of income.

What would, for example a self employed electrician do who isn’t getting any jobs now. ‘Don’t worry, we’ll pay you in June’.

All this whilst teachers are off work until September on 80-100% pay. Farcical by the UK Government.

Well, those who refuse to chop wood for the winter are going to freeze. It sucks for the individual, but it is fair. You get what you fucking deserve, and whoever survives this mess will make better choices than people do now.

[Ibian]

𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘸𝘢𝘴 𝘣𝘰𝘳𝘯 𝘪𝘯 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘤𝘳𝘪𝘴𝘪𝘴.  𝘐𝘵 𝘸𝘪𝘭𝘭 𝘤𝘰𝘮𝘦 𝘰𝘧 𝘢𝘨𝘦 𝘪𝘯 𝘵𝘩𝘪𝘴 𝘰𝘯𝘦.

The price of bitcoin may set a new record in the next twelve months. It’s not going to happen overnight. My best guess is that it will take institutional investors 2–3 months to triage their current portfolio issues. Another 3–6 months to research new opportunities like distressed debt, special situations, crypto, etc. Then, as they begin making allocations, those markets will really begin to rise.

https://medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7
https://twitter.com/dan_pantera/status/1243256048317878272

How about that, just in time to fit the four year pattern.

[Ibian]

~

A warrior of light an adult does not act like that.

ftfy

Objection, your honor.

Got it right next to me actually. It's surprisingly inspiring.

How about that?
It does find those that need it the most.

Well, you don't have it yet. But you could. There are free copies online, a mere search away.

[Cryptotourist]

Well, you don't have it yet. But you could. There are free copies online, a mere search away.

Ha, ha, twister.

[Raja_MBZ]

[Last of the V8s]

Ike is a brown bear with an orange face. He has a constant frown on his face and his eyes are half closed, showing his cranky personality. He initially wears a jungle-camo Shirt.

[Last of the V8s]

[xhomerx10]

Ike is a brown bear with an orange face. He has a constant frown on his face and his eyes are half closed, showing his cranky personality. He initially wears a jungle-camo Shirt.

 For a grumpy old bear with an orange face, you sure know how to create a lot of joy for a youngster!  Lots of dancing and celebration here seeing you wear that hat  similar to my reaction each time as well.

[Cryptotourist]

I'll be damned:

https://www.gladstoneobserver.com.au/topic/snake-bite/

[Cryptotourist]

Oh noes...

[jojo69]

I do appreciate when they make it clear they should be ignored in their very first post.

[fillippone]

Numbers are out!
We Havew an ATH!

FED Asset Balance sheet:


5,254,278,000,000 USD

It's a record! ATH!



Layman: "Nice, but you'll end up with inflation with this!"
"Even better! Government debt, corporate debt, everyone's debt is wiped away!"

What is the magic?
WjY? (/inside joke)

Printing money is free.
You can hand out Money to everyone without creating new debt.

Brrr, money to everyone.
Desperately seeking inflation since 2008, In the HOPE to create hyperinflation.
The problem of inflation in reality is another one:  slowly at start,then all of a sudden.

[Cryptotourist]

I do appreciate when they make it clear they should be ignored in their very first post.

Yeahh, I'm bad, sorryyy.  


Oh boy, lock it down:
https://www.floridamuseum.ufl.edu/shark-attacks/yearly-worldwide-summary/

I plead to you, not to ever go to the sea again, brothers.
They're extra bitty this year, due to global warming. And it's only going to get worse.
Extra care for the elders. They seem to be less chewy.

Stay home.
Stay safe.
Costco loves you.

[Biodom]

I am in a state of a maximum confusion re next 2-3 mo, clearly bullish afterwards.

Thinking of adding, but when? gold is slightly on the downside.

[jbreher]

By the way, jbreher.., since I have you "on the line"....

It must have been some damned busy weeks for you since about early to mid March and thereafter keeping up with your buy/sell orders.  

Busy? Naaaah.

It takes about 12 seconds to place a contrasting order whenever a standing order is hit. So, should volatility take us five notches in a day, I've spent an entire minute on ladder maintenance. And made a big chunka change in the process. Takes me well over that to read even the briefest of your posts, wordyman. I guess it's you keeping me busy.

Remember, boys and girls - with the right strategy, volatility can be your friend.

Edit: in all fairness, each time a rung is hit, I ping the progeny - about half of which are employing an identical strategy (albeit with a proportionally lower amount of BTC on each rung), so that adds another few seconds.