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

[Last of the V8s]

Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate. Historically, such debates have revolved around whether bitcoin, the native asset, is a store of value, medium of exchange, alternative asset, all of the above, or none of the above. Additionally, it is still undetermined whether the underlying blockchain is best used to facilitate wholesale clearing and settlement, consumer payments or the anchoring and timestamping of arbitrary data.

The truth is, as the ecosystem matures, Bitcoin may simultaneously serve many functions - either foundationally or through incremental layers. One of the beautiful things about Bitcoin is that its success is not predicated on serving a singular purpose.

In this piece, we will focus on the view that Bitcoin is an aspirational store of value. We explore the inherent characteristics that position Bitcoin to fulfill this role in the future, consider whether it is being used in this way today, and discuss factors that may drive greater demand for such utility.

Please download the full report here:{pdf}
.

https://www.fidelitydigitalassets.com/articles/aspirational-store-of-value

[Biodom]

Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate. Historically, such debates have revolved around whether bitcoin, the native asset, is a store of value, medium of exchange, alternative asset, all of the above, or none of the above. Additionally, it is still undetermined whether the underlying blockchain is best used to facilitate wholesale clearing and settlement, consumer payments or the anchoring and timestamping of arbitrary data.

The truth is, as the ecosystem matures, Bitcoin may simultaneously serve many functions - either foundationally or through incremental layers. One of the beautiful things about Bitcoin is that its success is not predicated on serving a singular purpose.

In this piece, we will focus on the view that Bitcoin is an aspirational store of value. We explore the inherent characteristics that position Bitcoin to fulfill this role in the future, consider whether it is being used in this way today, and discuss factors that may drive greater demand for such utility.

Please download the full report here:{pdf}
.

https://www.fidelitydigitalassets.com/articles/aspirational-store-of-value

We are at less than 2% of gold (EDIT: in market cap)....nice...long way to go.

[xhomerx10]

Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate. Historically, such debates have revolved around whether bitcoin, the native asset, is a store of value, medium of exchange, alternative asset, all of the above, or none of the above. Additionally, it is still undetermined whether the underlying blockchain is best used to facilitate wholesale clearing and settlement, consumer payments or the anchoring and timestamping of arbitrary data.

The truth is, as the ecosystem matures, Bitcoin may simultaneously serve many functions - either foundationally or through incremental layers. One of the beautiful things about Bitcoin is that its success is not predicated on serving a singular purpose.

In this piece, we will focus on the view that Bitcoin is an aspirational store of value. We explore the inherent characteristics that position Bitcoin to fulfill this role in the future, consider whether it is being used in this way today, and discuss factors that may drive greater demand for such utility.

Please download the full report here:{pdf}
.

https://www.fidelitydigitalassets.com/articles/aspirational-store-of-value

We are at less than 2% of gold....nice.

 Wait! What?  Gold is up?!

[Indymoney]

Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate. Historically, such debates have revolved around whether bitcoin, the native asset, is a store of value, medium of exchange, alternative asset, all of the above, or none of the above. Additionally, it is still undetermined whether the underlying blockchain is best used to facilitate wholesale clearing and settlement, consumer payments or the anchoring and timestamping of arbitrary data.

The truth is, as the ecosystem matures, Bitcoin may simultaneously serve many functions - either foundationally or through incremental layers. One of the beautiful things about Bitcoin is that its success is not predicated on serving a singular purpose.

In this piece, we will focus on the view that Bitcoin is an aspirational store of value. We explore the inherent characteristics that position Bitcoin to fulfill this role in the future, consider whether it is being used in this way today, and discuss factors that may drive greater demand for such utility.

Please download the full report here:{pdf}
.

https://www.fidelitydigitalassets.com/articles/aspirational-store-of-value

We are at less than 2% of gold....nice.

 Wait! What?  Gold is up?!

Gold is up today future is up 1.02% because of some good demand.

[bitebits]

Today 10 years ago:

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."

[Phil_S]

I bought a little bit of gold on March 18, when it fell down to $14xx levels, now I feel like a fucking Nostradamus, haha. 

[infofront]

Two Centuries Of Debt In One Month :: Pantera Blockchain Letter, July 2020

Here's some chart pr0n from the report:



$115K in a little over a year? Fucking beartards

[xhomerx10]

So if I can get this straight, it is either bullish as fuck or bullish as all buggery? Both are fine by me, just wondering.

Bullish AF

Technically it's only bullish as all buggery right now, if the month close in two days is the second highest, then it's bullish af.
Bullish either way though 

 I'll take "bullish af" for $1000 Alex.

https://youtu.be/hFCmrGsNANQ

[LFC_Bitcoin]

Two Centuries Of Debt In One Month :: Pantera Blockchain Letter, July 2020

Here's some chart pr0n from the report:



$115K in a little over a year? Fucking beartards

I’ll take that offer right now tbh

[Indymoney]

Two Centuries Of Debt In One Month :: Pantera Blockchain Letter, July 2020

Here's some chart pr0n from the report:



$115K in a little over a year? Fucking beartards

I’ll take that offer right now tbh

No one want to miss this offer $115K in a year real a big deal.

[infofront]

Two Centuries Of Debt In One Month :: Pantera Blockchain Letter, July 2020

Here's some chart pr0n from the report:



$115K in a little over a year? Fucking beartards

I’ll take that offer right now tbh

I guess I could live with it. 

[cAPSLOCK]

Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate. Historically, such debates have revolved around whether bitcoin, the native asset, is a store of value, medium of exchange, alternative asset, all of the above, or none of the above. Additionally, it is still undetermined whether the underlying blockchain is best used to facilitate wholesale clearing and settlement, consumer payments or the anchoring and timestamping of arbitrary data.

The truth is, as the ecosystem matures, Bitcoin may simultaneously serve many functions - either foundationally or through incremental layers. One of the beautiful things about Bitcoin is that its success is not predicated on serving a singular purpose.

In this piece, we will focus on the view that Bitcoin is an aspirational store of value. We explore the inherent characteristics that position Bitcoin to fulfill this role in the future, consider whether it is being used in this way today, and discuss factors that may drive greater demand for such utility.

Please download the full report here:{pdf}
.

https://www.fidelitydigitalassets.com/articles/aspirational-store-of-value

Man the people at fidelity have gotten this from the beginning.  I read the brief and they are spot on.

[bkbirge]

My very first prediction. 90% SOMA and 10% math. (cubic spline interpolation)

[philipma1957]

.....

Fuck you guys, getting me excited.

Go sodomize yourselves on a length of rusty pipe.

Imagine some random lurker who doesn’t normally hang out here and landing on this page and reading that.
They’d be like “good lord, these bitcoiners are a nasty bunch!”
Lol

Exactly what I thought

[gentlemand]

Looks like LFC is the first to get the rusty pipe for offending normaltons and turning them off. His behaviour is costing all of YOU money.

He'll have to do it to himself and post it as we're all very busy and important people here.

[600watt]

Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate. Historically, such debates have revolved around whether bitcoin, the native asset, is a store of value, medium of exchange, alternative asset, all of the above, or none of the above. Additionally, it is still undetermined whether the underlying blockchain is best used to facilitate wholesale clearing and settlement, consumer payments or the anchoring and timestamping of arbitrary data.

The truth is, as the ecosystem matures, Bitcoin may simultaneously serve many functions - either foundationally or through incremental layers. One of the beautiful things about Bitcoin is that its success is not predicated on serving a singular purpose.

In this piece, we will focus on the view that Bitcoin is an aspirational store of value. We explore the inherent characteristics that position Bitcoin to fulfill this role in the future, consider whether it is being used in this way today, and discuss factors that may drive greater demand for such utility.

Please download the full report here:{pdf}
.

https://www.fidelitydigitalassets.com/articles/aspirational-store-of-value

as always a superb finding. how much money does fidelity manage? and they come up with some gospel that sounds like straight from a bitcoin superbull cheat sheet? bullish af.

[LFC_Bitcoin]

Looks like LFC is the first to get the rusty pipe for offending normaltons and turning them off. His behaviour is costing all of YOU money.

He'll have to do it to himself and post it as we're all very busy and important people here.

We’re going to eat the 2021 bull run noobs alive.
Imagine seeing posts like, ’fuck, I’m stoked, just reached 0.1BTC. My ultimate dream is a whole BTC

I think we’ll all realise how early we were when the new wave of adoption comes here next year.

[Wekkel]

https://twitter.com/dan_pantera/status/1288529239772295171

1/ “There are decades where nothing happens; and there are weeks where decades happen.”
— Vladimir Ilyich Lenin

We quoted that line last month – and, it just happened.  The United States printed more money in June than in the first two centuries after its founding.

$864 billion

2/ With that first trillion we:

- defeated British imperialists;
- bought Alaska and the Louisiana Purchase (13 states’ worth of territory);
- defeated fascism;
- ended the Great Depression;
- built the Interstate Highway System;
- went to the Moon.

3/ For the sticklers out there with the knee-jerk counter-argument:

“Hey, you need to use constant dollars – take into account inflation!”

The answer is:

That’s EXACTLY why one should get out of paper money and into #Bitcoin

Its a testament to the fact that it's about flow, not the numbers. Watch the flow. If the flow stops, it's game over.

And each halving time (to double the debt) comes faster...  

[JayJuanGee]

So you know where all that money is going to go to after he gains access to those keys on his laptop. Lawyers fees are a biatch!

Didn't Wizsec research show that the missing coins were laundered to BTC-e by Vinnik? They recently recovered nearly $100 million from one of his bank accounts too. Or is this all some elaborate plot by Mark, a la Keyser Soze?

regarding Vinnik: what a sobering plot twist it must appear for a guy having control over at least $ 140million and instead of retiring with such an opulent piece of prey he rots in a french prison since 2017.  well i guess he has some stash hidden for a situation like this.    

Even if he has some stash hidden away, I am having difficulties understanding circumstances in which he is actually released.  It's like Julian Assange or Chelsee Manning... lot's of injustices in those kinds of seemingly political battles.. even if there might be some other variations of accusations...

Maybe one of the reasons that Edward Snowden has not been able to negotiate some kind of return to the USA agreement?

[TheJuice]

We tested that wall at 11350. Promptly rejected. Let's see if we can test it again.