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

[Sayeds56]

As someone once said, veganism is a mental disorder. I did not say it, just quoting someone else. (shots fired!)

Plenty of my own family members are either vegans or vegetarians, or were, or tried it. I let them be.

Those who got hypnotized out of it are exempted, it's not your fault.


I think the more appropriate joke is: I'm a budgetarian ... If it's within the budget, I'll eat it.

To me veganism is more spiritual and phycological, nothing to do with health.

https://www.psypost.org/2020/05/meat-eaters-tend-to-have-better-psychological-health-than-vegetarians-56698

[JSRAW]

wait a minute... is it Pakistani flag on her back?

Aapne ghabrana nahi hai..

[JimboToronto]

Good morning Bitcoinland.

Slowly bouncing back after this morning's dip... currently $48052USD/$60834CAD (Bitcoinaverage).

Coiling. Go Bitcoin go.

As someone once said, veganism is a mental disorder. I did not say it, just quoting someone else. (shots fired!)

I think of it more as a neurosis-based eating disorder, kinda like anorexia nervosa... "oh no, I weight over 95 pounds, I'd better starve myself"... "oh poor little Bambi, I'd better subject myself to vitamin B12 deficiency."

Notice how they never seem to worry about the poor little soybeans and other seeds that are murdered before they even have a chance to germinate?

If plants have no feelings, why do they respond and grow better with soothing jazz and classical music than with jarring rock, hiphop or EDM?

Hypocrites.

(more shots fired!)  

[AlcoHoDL]

WTF?

https://youtu.be/dKjCWfuvYxQ

[bitcoinPsycho]

WTF?

https://youtu.be/dKjCWfuvYxQ

That's abuse

[Biodom]

I just bought the dip. Seriously though, the bitcoin roller coaster guy deserves a break, and so do I.



Cheers guys.

Darn it! I am jealous.

[rdbase]

WTF?
https://youtu.be/dKjCWfuvYxQ

That's abuse

Tony Stark would not approve of this sort of attitude against his unfinished iron man bots which were shown at the beginning of Age of Ultron.
No wonder in all futurism movies the robots attack their creators.
https://imgur.com/a/ntEPbdJ

Why don't they throw a jar of acid on its face and call it a day.

[dieselmeister]

$45k.. We reached the bottom guys... Time to fill up bags!!!

Hope that's true but we still have chance to see 38k for the dip.

yeah, sure. some people are m..dr..t still waiting for 2k

The Future contracts will expire tonight, it can make BTC price very volatile. Upside ; 48K   Downside : 42K

Aight, that explains a lot.
Do you please have a resource link for watching all contract opening and closing dates handy?

Every End of Month at 16h UTC (London) the trade with the futures end on CME. Every Month.

https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_product_calendar_futures.html

settlement is 01.03.2021 for the Feb Future. Want ever Setttlement means. Cashout or something. Don't know exactly. But the sell presure should released by now ... At least for the maniupulation to get the price down...

[Dabs]

If plants have no feelings, why do they respond and grow better with soothing jazz and classical music than with jarring rock, hiphop or EDM?

I think plants are actually sentient. Plus, collectively, they live the longest of most living things. Thousands of years old.

Plants are also "decentralized". They don't have brains or a head because predators such as deer or a lawn mower can just chop it off. Some weeds can also do complex arithmetic to prevent starvation at night (because no sunlight) so they calculate how much starch they need with 95% accuracy before dawn, so they have enough to last until the sun rises.

Plants can also "see" us via photoreceptors that perceive different wavelengths of light. They are aware of when we come near them and whether we're wearing a blue or red shirt.

Perhaps your crazy aunt that sings to her plants and way-out-there blog writers who report news about talking trees are on to something after all.

Just imagine if plants can be hodlers.. They'll hold corns for a very long time.

[Biodom]

Did I mention that GBTC went completely out of sync from btc?
Quite a discount. What a shit-stock.
I am reasonably sure Cathie is selling GBTC to bolster her declining empire (ARK) in other areas.
GBTC is a sell while BTCC is a buy in ret accounts, looks this way.

[Dabs]

I didn't get any GBTC. I have some QBTC. Will probably sell them all and get BTCC instead. These are in my registered accounts, and the only way to have exposure to bitcoin in them for now.

[Phil_S]

WTF?

https://youtu.be/dKjCWfuvYxQ

That's abuse

Fake. CGI.

[Paashaas]

Stone Ridge has added Bitcoin to its diversified alternatives fund.

https://decrypt.co/59416/stone-ridge-adds-bitcoin-to-its-diversified-alternatives-fund

[AlcoHoDL]

WTF?

https://youtu.be/dKjCWfuvYxQ

That's abuse

Fake. CGI.

Of course it's fake! They show how it was made at the end of the video... My post was meant as a parody to the truly spectacular (and totally real, absolutely no CGI) New-Year video from Boston Dynamics:

https://youtu.be/fn3KWM1kuAw

[proudhon]

I did another round of rigorous confirmed calculations this morning based on the best math and science and I can confirm that the irrational exuberance is over and we are entering the final and most dismal correction.

[fillippone]

Ehi wo gang, I have been a little bit out of WO flow recently, but I read this big news from JPM:


JPMorgan Says Investors Could Make Bitcoin 1% of Portfolios

“In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” strategists including Joyce Chang and Amy Ho wrote in a note Wednesday.

JPM says a lot of things about bitcoin, but you can bet that bow they are ready to sell some shitty bitcoin related product to their clients bow, so they are trying to convince everyone it is a legit product.

In addition to that a very bullish thing to me.

When I decided to buy bitcoin I made a few back of the envelope calculation. The first one was about gold parity, pointing to 350k dollar at the time (now more in the 500k region).

A second one was about the answer of the following question: what if everyone put 1% of their financial wealth on bitcoin.

So a few computation (getting updated figures for gold parity consistency):

World financial wealth (Credit Suisse 2020) : 360 Trln
1% : 3.60 Trillion
This has to becdivided over
21 million bitcoins (I want a conservative number)

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

[proudhon]

Ehi wo gang, I have been a little bit out of WO flow recently, but I read this big news from JPM:


JPMorgan Says Investors Could Make Bitcoin 1% of Portfolios

“In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” strategists including Joyce Chang and Amy Ho wrote in a note Wednesday.

JPM says a lot of things about bitcoin, but you can bet that bow they are ready to sell some shitty bitcoin related product to their clients bow, so they are trying to convince everyone it is a legit product.

In addition to that a very bullish thing to me.

When I decided to buy bitcoin I made a few back of the envelope calculation. The first one was about gold parity, pointing to 350k dollar at the time (now more in the 500k region).

A second one was about the answer of the following question: what if everyone put 1% of their financial wealth on bitcoin.

So a few computation (getting updated figures for gold parity consistency):

World financial wealth (Credit Suisse 2020) : 360 Trln
1% : 3.60 Trillion
This has to becdivided over
21 million bitcoins (I want a conservative number)

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

[fillippone]

<...>

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

Quoted for reference.
Please someone help me remember when it happens!

[serveria.com]

Ehi wo gang, I have been a little bit out of WO flow recently, but I read this big news from JPM:


JPMorgan Says Investors Could Make Bitcoin 1% of Portfolios

“In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” strategists including Joyce Chang and Amy Ho wrote in a note Wednesday.

JPM says a lot of things about bitcoin, but you can bet that bow they are ready to sell some shitty bitcoin related product to their clients bow, so they are trying to convince everyone it is a legit product.

In addition to that a very bullish thing to me.

When I decided to buy bitcoin I made a few back of the envelope calculation. The first one was about gold parity, pointing to 350k dollar at the time (now more in the 500k region).

A second one was about the answer of the following question: what if everyone put 1% of their financial wealth on bitcoin.

So a few computation (getting updated figures for gold parity consistency):

World financial wealth (Credit Suisse 2020) : 360 Trln
1% : 3.60 Trillion
This has to becdivided over
21 million bitcoins (I want a conservative number)

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

Can I also have $10 grand Mr. Proudhon? 

[LFC_Bitcoin]

proudhon, why not just admit you’re a massive whale who comes on here to troll. We all know you’ve got thousands of bitcoin. Just admit it!