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

[xhomerx10]

Man, anything below $20k is so boring...

#spoiledhodlers

be careful...

[1715537221]

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[hv_]

10 years the last time you were active on bitcointalk
Last thread:Added some DoS limits, removed safe mode (0.3.19)
https://bitcointalk.org/index.php?topic=2228

It was on Bitcoin.org forum... only

[OutOfMemory]

New phising attempt...

Your Device has been blocked.

Unfortunately, due to the new KYC (Know Your Customer) policy, you‘re required to pass identification:

https://docs.google.com/document/d/e/longrandomalphanumericstring/pub?embedded=true

Sincerely,
Ledger Support Team.
K41T-M3P82LK

Watch out.

[JimboToronto]

Good morn Bitcoinland.
One nine two two eight dollars
(Bitcoinaverage).

Up from yesterday,
The battle for twenty grand
Is long from over.

Maybe by year's end
We'll be ready to move on
To much greater heights.

Time is running out
To buy as much as we can
At bargain prices.

Sub- twenty thousand
Is like under nine hundred
Was four years ago.

So get your cheap coins
While we still have rock bottom
Prices while they last.

[wxa7115]

it's a fallacy, there is no such fucking thing as intrinsic value, it doesn't exist. See subjective theory of value

... and then maybe ponder for a while how it is the the human brain that "endows" things with value, that were previously without such a property, i.e. not intrinsic.

Agreed, things are valuable because of our subjective view and many times this depends on what we can do with them, a perfect and modern example of this was oil, for thousands of years farmers excavated in order to try to find underground water and cursed their luck when they found oil, why? Because we could do nothing with it and as such it was not valuable, but then we learned how to do something with it and farmers went from cursing their luck to dance in happiness when they found oil.

Another good example of subjective value and how it changes depending on our circumstances is a bottle of water and 10k dollars in a bank account, a bottle of water is not very valuable if you are in a city and the 10k dollars will be of more use in those circumstances, but if you are lost in the desert then the value of that bottle of water increases dramatically while the 10k dollars in your bank account become useless during those circumstances.

[vroom]

New phising attempt...

Your Device has been blocked.

Unfortunately, due to the new KYC (Know Your Customer) policy, you‘re required to pass identification:

https://docs.google.com/document/d/e/longrandomalphanumericstring/pub?embedded=true

Sincerely,
Ledger Support Team.
K41T-M3P82LK

Watch out.

People who fall for hardware wallet phishing attemts deserve to be scammed. They would also reveal their bank account login and credit card information.

[JimboToronto]

New phising attempt...

Your Device has been blocked.

Unfortunately, due to the new KYC (Know Your Customer) policy, you‘re required to pass identification:

https://docs.google.com/document/d/e/longrandomalphanumericstring/pub?embedded=true

Sincerely,
Ledger Support Team.
K41T-M3P82LK

Watch out.

People who fall for hardware wallet phishing attemts deserve to be scammed. They would also reveal their bank account login and credit card information.

Paper wallet users unaffected.

Not your keys, not your coins.

[ElBinBit]

Bitcoin Price in this day



Anybody, quote, please ...

[serveria.com]

There is a lot of liquidity fighting for the same goods. A few institutional investors are getting in, one by one, pouring millions in.
But the retail investors are not getting in massively yet.

In December 2017 alone, the total number of Coinbase users grew by 6,8 millions. If they each invest 200$, it's 1,36B$ fresh money buying bitcoins.

https://www.statista.com/statistics/803531/number-of-coinbase-users/

The retail investors will come and there will be less and less sellers, the price could skyrock (until it crashes if there is a liquidity squeeze)

A single institutional buyer can match that $1.36B and exceed it. This is their time now, and I dare say they'll do a better job accumulating BTC than retail investors who blow their wealth on toxic waste like XRP or XVG because "it's cheap".

Exactly, 1.36B is pocket money for big players. We are going to witness the influx of much bigger money into BTC soon. Average Joe's investment can go wrong but not institutional investor's... the money is just too big there you don't gamble with that shitload of money. If you think Paypal just decided to invest in BTC this year all of a sudden without proper investigation, market research etc think again. They could have introduced BTC option in 2018 but they didn't as they knew it was a bearish market.    

[d_eddie]

Man, anything below $20k is so boring...

#spoiledhodlers

be careful...

More than anything, don't poke her with a stick.

[Phil_S]

Very long read:
The Fraying of the US Global Currency Reserve System

[d_eddie]

No haiku today
I just thought I'd say hello
Epimenides!






#nottheusualtag

[AlcoHoDL]

No haiku today
I just thought I'd say hello
Epimenides!

#nottheusualtag

Epimenides
Was a Cretan who stated
That all Cretans lie.

#paradoxhaiku

[OutOfMemory]

It's Haiku Sunday!
Almost forgot about it,
which is no surprise.

Must been a long time
since i dropped a haiku here.
well, so here i go.

...again on my own?
Remembered this epic song.
Whitesnake, fuck the world!
 

[DaRude]

OT: Another idiot soon to be indicted for shitcoin securities fraud.  

https://www.coindesk.com/rapper-lil-yachty-sells-out-social-token-in-21-minutes

"According to the Fyooz app, the sale brought in $276,006. Owning $YACHTY gives fans exclusive access to the Grammy-nominated artist, including surprise boxes prepared by his mom, Venita McCollum, author of the book “Raising a Rapper.”

Token owners can also receive personal items from the rapper’s career and participate in online parties with him, according to Fyooz. "

Have these people learned nothing from the ICO debacle?

When jail, bro?

Tomorrow's news, Lil Yachty had a big boat accident.

[bkbirge]

Uh oh, looks like the rally might be over.
https://cointelegraph.com/news/jim-cramer-bought-bitcoin-while-off-nicely-from-the-top-in-17-000s

“I will buy — like I usually do — as something comes down," said Cramer. "I'll get bigger and bigger and bigger."

[600watt]

Very long read:
The Fraying of the US Global Currency Reserve System

lyn alden rocks

[ssmc2]

Have any of you guys used Blockfi to get paid interest on some of your hodl stash?  Very intrigued by this and wondering what the downsides are besides the obvious "not your keys" risk.

[Biodom]

Very long read:
The Fraying of the US Global Currency Reserve System

Maybe those pesky texans are actually responding to this...like a first rat out of the house that is about to be flooded.

Have any of you guys used Blockfi to get paid interest on some of your hodl stash?  Very intrigued by this and wondering what the downsides are besides the obvious "not your keys" risk.

It would work until it maybe doesn't, see one of these biting the dust.

[d_eddie]

Have any of you guys used Blockfi to get paid interest on some of your hodl stash?  Very intrigued by this and wondering what the downsides are besides the obvious "not your keys" risk.

I wouldn't do that except if I were given substantial collateral.

Like a nuke pushbutton wired to the balls of at least a couple of big guys in that scam business. Or an heir kept as a "valued guest" (ward) at my place.

Every time I read about a "get your principal plus interest!" thing, I reluctantly avoided it, only to be happy for it when learning the news a few months/years later.