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

[heslo]

may we change the unit ?

https://twitter.com/PeterSchiff/status/1352625339944607744

The idea that Bitcoin is scarce as there's only 21 million is nonsense.

One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.

So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!

LMAO changing the decimal place doesn't make supply any less finite.... what a gug

[bct_ail]

https://twitter.com/bitstein/status/1352423991114403841?s=21

I don't think these old guys understand what happened at all.

[soullyG]

may we change the unit ?

https://twitter.com/PeterSchiff/status/1352625339944607744

The idea that Bitcoin is scarce as there's only 21 million is nonsense.

One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.

So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!

LMAO changing the decimal place doesn't make supply any less finite.... what a gug

No way he's being serious. The guy is talking his bag (or lack of it) as per usual.

[El duderino_]

HODLsleep

[El duderino_]

HODLsleep

[BobLawblaw]

THIS IS A WALL OBSERVER EMERGENCY ACTION MESSAGE
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THIS IS NOT A POLITICAL POST
THIS IS NOT A DRILL

[Biodom]

what is that?

That said, TV chicks keep flirting with bitcoin chads like M. Saylor.

https://youtu.be/DLrxg-d_qm8?t=378

[xhomerx10]

Apparently they're in AR/gaming or something like that. They used their corn as a treasury item, not for third party investment. Still, they should have known better than getting into something you don't understand the fundamentals of.

Thank you for that information.

Seriously though, how did this event even became newsworthy?

100 something bitcoins. Wtf?

 The company put out a news release via Reuters on Dec.29 announcing their intention to buy $4M BTC and another one on Jan 4th to confirm the purchase.  They made an announcement on their site about the sale but I have NFI what "sand books" would be.  Probably some type of augmented reality wish book.


 

[xhomerx10]

THIS IS A WALL OBSERVER EMERGENCY ACTION MESSAGE
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 lol Google.

[xhomerx10]

what is that?

That said, TV chicks keep flirting with bitcoin chads like M. Saylor.

https://youtu.be/DLrxg-d_qm8?t=378

 'Bitcoin for corporations' conference?!  Cool.  HODL!

[ImHash]

Time to HODL I guess 

[JayJuanGee]

.....
Yeahh.. when you start whining like a little girl, then likely we are going to be pretty damned close to the bottom...  Are you preparing to whine at about $26k and then your voice will get progressively higher in such a way that we start to wonder if you might gonna rage quit.. even though historically you seem to have mostly just gone off and pouted for a while..


Surely a pattern, and nice that you have some self-acknowledgement in that direction.

 

Jay, you’d best behave yer lil selfie else Bob will surely request
that you cram a rusty pipe upitty your lil toothless brown eye.... perhaps?

That's fair.

Jay, you’d best behave yer lil selfie else bob will surely request

Who is Jay ?
🤔

He's one of those kind of guys (maybe the only one) that you are obsessed about.  Pobrecito.

 

I still want to see 25k USD before going back to normal

You might wanna... but king daddy no does not care about what you wanna see.

[JayJuanGee]

The great dump is coming?

Shut up, thanus  

How's that dump doing for you, thanus?

You posted at near the bottom of BTC's price that has been going up from there.. .which was around $31k.

Jay, you’d best behave yer lil selfie else bob will surely request

Who is Jay ?
🤔

Donald Trump of WO thread

Hardly.  

For sure, you are going to understand what's up, since you registered your forum account about a month ago, no?

It appears that you neither understand Donald Trump nor me with that kind of nonsensical assertion..  and perhaps you do not understand the WO thread either....  but believe what you would like in your lil fantastical thinkenings.    

[JayJuanGee]

The MSM right on time with the Bitcoin negative news. CNBC makes sure it's at the top of the home page these days.  

Bitcoin briefly tumbles below $30,000, falling 12% so far this week
https://www.cnbc.com/2021/01/21/bitcoin-drops-below-30000.html

"However, Biden’s choice of Treasury Secretary, former Federal Reserve Chair Janet Yellen, is a crypto skeptic who warned earlier this week that the government may need to “curtail” the use of virtual currencies to prevent illicit activity."

TL/DR Message: Dammit Average Joe, why do you care so much? Stay the fk away from Bitcoin! Janet Yellowstain is gonna smash it!

Sorry, but we need sooner or later also the money of the average Joe. He buys currently gold and silver and stocks. But we also need him to sell all his gold, silver and stocks to buy bitcoins. We need to educate the average joe.

I don't recognize any kind of obligation of BTC HODLers to educate average Joes.  Sure, we have been doing it for years, but they can fuck off if they cannot figure out the matter and attempt to put some effort into getting some kind of stake in BTC.

Yeah, we do seem to have a kind of problematic situation in which BIG ASS players are ongoingly scooping up current BTC supply and also any of the coins that the average joes are willing to sell (if they have coins).

So, yeah, if you average joes don't figure out what the fuck is going on in terms of what seems to be one of the largest transfers of wealth that has ever taken place, then that is on such average joes to continue to be deluded by bullshit and failing/refusing to identify bitcoin as a solid investment including figuring out some reasonable way to begin to build some kind of a stake in it and maybe to continue to attempt to acquire space on the limited supply of King Daddy.

If you want to go out and attempt to educate average joes, then that is on you.. and sure some of them are going to figure it out in the coming years, even though they would have been more advantaged to figure out the matter now, rather than in the coming years.  There is plenty of good information out there for the average joe to study (way more than there was in 2013 and 2014 and even subsequent years, so the availability of good bitcoin information continues to build, over the years, that's for sure)... and hopefully not get distracted into shitcoins along the way.

[JayJuanGee]

I've watched a few videos on youtube where Michael Saylor was a guest, each one about an hour long. He makes a lot of sense and explains in plain english what it means to him.

Considering he started learning it all just last year, in 2020, he's not bad at all. Dude is MIT graduate I think. Rocket Scientist or something.

it is encouraging to see how fast an open, smart mind can go down the bitcoin rabbit hole.
now compare that to those who should professionally be open minded in such a way that they could at least comprehend bitcoin and write about it to their readers: the journalists.

them failing miserably for almost a decade. 

Correction, he knew about bitcoin in 2013, but turned around in 2020 and is now our favorite CEO whale.

Due to a big pump in the Bitcoin price in last few months. Many peoples become interested in and investing in Bitcoin. I think blockchain technology is our up coming future. People who did't like it a while ago are now investing in it.

Who gives any shits about such an amorphous concept as "blockchain technology" - except perhaps some shitcoin pumpener who may well be attempting to extract value from bitcoiners by misleading regular peeps into such nonsense talking points. 


Seems to me that you need to get a grip, Rehan Zakir, because this happens to be a bitcoin thread, and not too many of us (royal we, of course) are tolerant of shitcoin talking points being propagated herein.

[Sayeds56]

Time to HODL I guess  

Friday was strong trading day as Bitcoin gained 8.5%. Today my 4 hr chart is showing sideways movement though RSI is showing upward Trend. Price is likely to remain Range bound.

[BobLawblaw]

what is that?

DISCLAIMER: This is not a political post.
"President-elect Joe Biden on Tuesday named Dr. Rachel Levine to service as assistant U.S. health secretary, a historic first as Levine would become the first openly transgender official to be confirmed by the Senate."

https://www.reuters.com/article/us-health-coronavirus-usa-levine-idUSKBN29O1J1

EDIT: https://www.youtube.com/watch?v=B5-X_3_Kpww

Best song to listen to while stacking sats.

[OutOfMemory]

EDIT: https://www.youtube.com/watch?v=B5-X_3_Kpww

Best song to listen to while stacking sats.

OMG! It's the dude (?) that stole Ronnie Dio's Boots! 
Seriously: There is art, there is music, and ...this.  

(Edited)

[ivomm]

This is the most hilarious tweet of the year so far.  



And the best Bearnie Sanders meme. (The caption could be: When bears try to scare me with a 1 min dip below 30K to sell." OR "Reading Peter Schiffs tweets about Bitcoin.")

[Globb0]

This is the most hilarious tweet of the year so far. 

So each dollar is actualy a 100 as well!


Brr brr brr bbrr brr brr brr brr brr brr