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

[friends1980]

It sucks that all the money seems to still flow into alts. Look at Binance coin. Yesterday I thought it will crash after that pump. Today it gained another 50%. I feel like everybody is getting rich while I wait for bitcoin to make 5% lol.

I know shitcoins and all but damn ı wish I would have bought some when they were cheap. So had lots of money now to buy more bitcoin.

There's a good argument for diversification. It's just that this is not the topic of this thread.

As said before, you have to make a distinction between supporting BTC as future money and supporting BTC as pure investment. If you see it as pure investment, never lay your eggs in one basket. The principle is exactly the same as for stocks, funds or whatever.

If you see it as future money: hodl.

[BitcoinGirl.Club]

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money bitcoin on your car.

I guess you meant bitcoin?
FTFY 😉

Are you saying bitcoin isn't money?

I guess money means a form of coin or note that is issued by the bank or central issuer. Bitcoin is a currency but maybe not the Money by definition.

[_javi_]

My car is a FIAT, and i want to get rid of it.

(literally)

[vapourminer]

Then after Kamala, no chrome.

Why would you care anymore? That's the whole point of bitcoin.

The introduction of wealth taxes, and increasing capital gains taxes can take an even larger chunk of our bitcoin though.

much as i agree, its the price we pay to play legally. just need to price it in thats all.

[Krubster]

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5...

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC... 

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.

Let me guess: is it a Volvo? 

Yes!
A Volvo 940 automatic -92, you wanna see a picture?

Great car!

I've had many Volvo's throughout the years. My first ever car was a Volvo 240 

[vapourminer]

If wealth taxes start being egregious, it might be time to consider an exit. Lots of countries where your money will go a long way.

here in the USA to renounce your citizenship (and thus never pay taxes to uncle sam again) you need to pay the exit tax on the entirety of your net worth. dont recall the percentage but 30% sticks in my head for some reason.

[shahzadafzal]

Why the ***** BNB is going up like that?? Just why? who's pumping?? CZ?



Edit: Its about to overtake DOT and XRP and maybe ADA too and looks like it will be #3 if we exclude Tether.

[vapourminer]

19 days left in February. Will we see 50k?

^

asking the important questions.

[friends1980]

Why the ***** BNB is going up like that?? Just why? who's pumping?? CZ?



Edit: Its about to overtake DOT and XRP and maybe ADA too and looks like it will be #3 if we exclude Tether.

With all due respect, you're in the wrong thread, mate.

[strawbs]

Why the ***** BNB is going up like that?? Just why? who's pumping?? CZ?



Edit: Its about to overtake DOT and XRP and maybe ADA too and looks like it will be #3 if we exclude Tether.

Thought I'd save JJG the effort

[friends1980]

(...)

(...)

1+1=2

Why the ***** BNB is going up like that?? Just why? who's pumping?? CZ?

edit: CMC is owned by Binance. CMC shills Tesla. Tesla invests in Binance. If my suggestion is right, ask yourself, what's the next coin he'll invest in.

See what you just did? You seduced me into discussing shitcoins on the WO, biatch!

edit2: disclaimer #nohomo

[Cryptotourist]

DEC 11th 2022
BTC is down 81% from its ATH last year, now on sale @$46k.

Gentlemen.
proudhon confirmed the bottom.


edit: When parabolic?

[Krubster]

edit: When parabolic?

*inhales hopium*

*edit: If we break down, my SOMA says we retest the ~$43k level.

[OutOfMemory]

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5...

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.

It must be a volvo then?
I can remember an old ADAC test, where they put cars in a freezing chamber. Volvo was the only one to start without a problem at -38°c  

EDIT: Never mind, just read your reply one page back. I had no luck with Volvo in the past. Either i could not afford it or it was under/overpowered, too old or in a too bad shape for the price. They didn't hold up the quality from the 90s, so i got no desire to buy a newer V model.

EDIT2: Let's see if triangulation works on the current chart. Next pump not overdue, yet 

[UnDerDoG81]

It sucks that all the money seems to still flow into alts. Look at Binance coin. Yesterday I thought it will crash after that pump. Today it gained another 50%. I feel like everybody is getting rich while I wait for bitcoin to make 5% lol.

I know shitcoins and all but damn ı wish I would have bought some when they were cheap. So had lots of money now to buy more bitcoin.

5%? BTC went up 20% the other day. 1,000% over the last couple of years. Just zoom out.

It sucks that all the money seems to still flow into alts. Look at Binance coin. Yesterday I thought it will crash after that pump. Today it gained another 50%. I feel like everybody is getting rich while I wait for bitcoin to make 5% lol.

I know shitcoins and all but damn ı wish I would have bought some when they were cheap. So had lots of money now to buy more bitcoin.

There's a good argument for diversification. It's just that this is not the topic of this thread.

As said before, you have to make a distinction between supporting BTC as future money and supporting BTC as pure investment. If you see it as pure investment, never lay your eggs in one basket. The principle is exactly the same as for stocks, funds or whatever.

If you see it as future money: hodl.

You know what I mean. Alts are a great short term way to make more bitcoin for long term. Of course also a way to lose your bitcoin.

All right, topic change. No alt discussion from my side.

[heslo]

Down we go?

[OutOfMemory]

Wooooopss  

Down we go?

Testing support, i guess.

[heslo]

Wooooopss  

Down we go?

Testing support, i guess.

Not too worried, we've had a big rise the last two days. Got a few hundy on the local exchange I might use to buy up some coin if we dip a little further

[BobLawblaw]

Dip orders placed @ $45.5k and below.

[Cryptotourist]

*inhales hopium*

*edit: If we break down, my SOMA says we retest the ~$43k level.

Cool, but my SOMA tells me to get used to $5k-$10k dildos. #nohomo

Here, take a hopium drag bro.

Go BTC, go!!!