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

[OutOfMemory]

I bought more calls so naturally its get to the choppa time. what a joke

How about you buy some, hodl it some, and call it a month?

Haha, same here. Bought for my wife at a few dozens of dollars below yesterday's top.
It's jinxed. I can't remember* a single occasion where i didn't buy without the price dipping within an hour later.
But as a hodler, it's bothering me like a lumberjack's fart in a russian forest.

[brokedummy]

I bought more calls so naturally its get to the choppa time. what a joke

How about you buy some, hodl it some, and call it a month?

they expire on Friday, but it's not a huge deal. I have a lot of btc hodled so maybe I should have hedged with puts or something. I'm completely exposed on the downside.

[LFC_Bitcoin]

Salt Bae

https://twitter.com/nusr_ett/status/1374053922038497293?s=21

[JayJuanGee]

I just listened to the Robert Kiyosaki interview with Saifedean Ammous.

It is one of the weirdest things I have ever heard.  But good.  Kiyosaki rips Saif to shreds for his absolutelist tendencies which was satisfying, but he also sort of also reinforces the bonehead boomer stereotype. (As a GenX person I get to laugh at just about every generation that matters (since our basically does not)).

https://www.richdad.com/podcasts/saifedean-ammous

I just listened to it, for someone who wrote a book, can't even answer a simple question...

RK: I've started my own Gold Mine, "Why can't I start my own Bitcoin"

Robert knows a lot about Bitcoin, but is playing dumb just to gauge the response of Saif...

I've listened to a lot of Robert Kiyosaki's podcasts where the subject of Bitcoin comes up. Robert asks that same question every single time. I think long ago when he first started asking that question, people would try to answer it by saying, "Well you absolutely can! But...many have already with forks, and..." and he would then just tune them out on their unsatisfactory (to him) answer.

So now people don't even try to answer it anymore. So then he goes around still saying "No one every seems to give me a satisfactory answer to the question: 'Why can't I just create my own Bitcoin?' "

They have, Robert. You're either just not listening, or you don't care for the answer you are receiving.

"It's not about how many Bitcoin networks are created. It's about which one of them is believed in and supported the most."

Yeah.. That was the "dumb boomer" part of what I experienced listening to it.   And frankly I pretty much hate the whole boomer bashing culture of BT etc.  But while he seems to be stuck like a broken record (yes, vinyl) on the whole 'why can't I make my own bitcoin' thing, he calls Saif out every SINGLE time he frames things in a completely black and white manner.  Saif might be the pinnacle of the sort of black and white thinking bitcoiners are famous for.  And of COURSE bitcoin creates black and white thinkers.  It may be the most black and white thing we ever see in our life.

But how can Kyosaki be so prescient and so dumb at the same time?  I do not think he can.  Triple digit millionaires do not get there by accident.  Anyway.. this whole cognitive dissonance is what threw me for such a loop with this podcast.

I am a keto bitcoiner.  So criticizing Ammous for his polarity is maybe a bit hypocritical.  And the crazy thing is... Bitcoin *IS* a binary bet.  Still. It's just the odds are swinging crazily in favor of the corn.  And all the "toxic bitcoiners" are right.  But this is also costly, even if it is a correct framing.

I really cringe at all the #HFSP type of positioning intelligent BTC'ers display.  But perhaps that is part of being GenX?  I am half boomer, half millennial basking in the warm glow of the corn.

I suppose I can only expect some tension.  Luckily I am being constantly enriched in the process...  lol whatever (the song of my people).

I am a bit troubled by your framing of bitcoiner thinking as "black and white," and largely I am not even really disagreeing with your various assessments, but something is still bothering me about the way you said it.

To me, it seems quite possible to engage in a kind of argumentation and stubborness about likelihood of a certain course of events happening, such as bitcoin either going to reserve status or going to zero, without being guilty of "black and white" thinking.

In some sense, there remains an attempt to describe a dynamic of sound money in the sense that all value will end up gravitating into it, in the event that it truly ends up being clearly and surely the most sound of money, but at the same time, how long would that take and does it even matter for many of us, if we might be dead anywhere from 10 years to 80 years from now.  

Yeah, sure we want to know the likely future direction of the asset in which we are investing some or a significant part of our value (whether time or money or both).. but in the end, there are some dynamics that a large number of us bitcoiners are going to recognize in terms of our humbleness regarding being able to attempt to predict where bitcoin might be going and when it might get there, and sure the more that we try to pinpoint both of those, the more difficult it becomes to establish both - even though maybe the stock to flow charts do a decent job of such attempt while at the same time any of us can criticize or clarify such charts as referring to price range that bitcoin might go (that does surely seem to be in an UPpity direction) rather than getting caught up on a specific price or a specific time..

And at the same time, it would seem that any honest intellectual would attempt to be open to any such price model to be capable of shifting in one direction or another in order to attempt to account for facts (price dynamics) as they evolve rather than being caught upon (or locked into) what has already happened and letting the already happen limit the ongoing tweakenings of the chart that may well be necessary, reasonable and prudent.

In other words, none of us should attempt to be so arrogant as to assert that our model, whether it is Plan B's stock to flow, or some other model is so predictive that we were able to capture the future perfectly.. blah blah blah.. what a bunch of bullshit to claim to be that arrogant, even if the chart ends up playing out as way more correct than even thought to be likely... which seems to be ongoingly happening  in regards to bitcoin.. so I am not even suggesting that Plan B invented anything new with his chartenings - but surely he was able to capture some already existing ideas and continue to play them in a way that resonates with peeps (at least some peeps) in being better able to attempt to understand where bitcoin has been and where it is likely to go (even though I will also agree that there are some peeps who have also drunk too much of the koolaide of such a chart and fail/refuse to engage in their own critical thinking, whether it has to do with the chart or otherwise attempting to better understand bitcoin and its price dynamics).

[edited out]

If you bring up #NFTs in this topic one more time i am ignoring you!

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Is Bitcoin dead?  Should I just turn it into an NFT now?

Hahahahahaha

Homer beat me to it.

[BobLawblaw]

Is Bitcoin dead?  Should I just turn it into an NFT now?

First off, fuck NFT's. They are absolute garbage and are distracting from Bitcoin.

Second, no. Bitcoin is not dead. Have orders in place @ $56.5k down to $52k $53k. Looked like I was getting close to getting at least the first order filled, but number decided to go up instead.

This is fine. Everything is fine. HODL and so on and so forth.

Acculumatorate teh corn.

EDIT: FWIW



EDIT2: Neat. Filled @ $56.5k
EDIT3: Filled @ $56k
EDIT4: Filled @ $55.5k

[JayJuanGee]

I bought more calls so naturally its get to the choppa time. what a joke

How about you buy some, hodl it some, and call it a month?

That is not going to work, d_eddie.

Dee broke dummy needs to make up for all the stupid shit that he did in the past 7 years by failing and refusing to buy bitcoin by continuing to engage in the same dumb behaviors.

Don't you know nuttin?

[Dabs]

Would like to add this quote here from John Oliver’s last night show

“Lies go down easier when you want them to be true”

Oliver didn't like Bitcoin a few years ago. To be fair, he didn't like "crypto" in general and mentioned many other altcoins back then. John said corn wasn't worth $15k. He's right you know, it's worth a lot more now.

[bitcoinPsycho]

Is Bitcoin dead?  Should I just turn it into an NFT now?

I Did it years ago. works great

[JayJuanGee]

Is Bitcoin dead?  Should I just turn it into an NFT now?

I Did it years ago. works great

That could be NFTs or substitute various ICOs, various shitcoins, various other schemes of the day involving various combinations of the above or some other "innovation" that deceive peeps to invest in crapola (and likely remove them from their bitcoin)...

[Elwar]

My contribution to the world of NFT:

https://bitcointalk.org/index.php?topic=5325734.0

[El duderino_]

https://twitter.com/100trillionUSD/status/1373967209765212160?s=20

Gogogogo

[friends1980]

Last few weeks' prices gave me a little déjà-vu. Kiong of Crypto.

[Biodom]

Why the passive-aggressive NFT hatred here?
NFTs do not interfere with btc "mission" at all.
To think that there will be ONLY bitcoin and nothing else is a little one-dimensional.

That said, most of NFTs would have low value, but some would have a non-zero value.
It's perfect for smaller groups, which are fond of some project.
No different from baseball cards collection.
Again, not to have WO-NFT is a mistake.

EDIT: say, for example, that you reached some high level in a game-make screenshot, converge to NFT, keep/display in your digital collection, sell to people who have vanity.
I remember my son playing Runescape and trading various objects (swords, etc). Basically the same thing, but outside of the game.

[BitcoinBunny]

Last few weeks' prices gave me a little déjà-vu. Kiong of Crypto.

These fuckin' levels. 

[vroom]

My contribution to the world of NFT:

https://bitcointalk.org/index.php?topic=5325734.0

I also want to contribute: https://twitter.com/JohnCleese/status/1372944852325789704

[Biodom]

My contribution to the world of NFT:

https://bitcointalk.org/index.php?topic=5325734.0

I also want to contribute: https://twitter.com/JohnCleese/status/1372944852325789704

He is funny, but someone already bid $35K.
his auction ends on April 1 and I assume that he put up a high enough price that nobody would win.
It would be interesting to see where it ends up trading at.
This NFT actually does have value as "John Cleese making fun of NFTs" NFT.
Paradoxically, he just created value by poking fun at something.
Who knows, maybe he gets it......naaah (he will chicken out by putting up some "crazy" minimal price).

[JayJuanGee]

Why the passive-agressive NFT hatred here?

I don't see any passive aggressiveness here.

Members, here, are saying directly that NFTs are a scam.. a bunch of bullshit, smoke and mirrors, another shitcoin, similar bullshit as ICOs, similar bullshit as various other shitcoins,  blah blah blah..

Do you even know the meaning of passive aggressive?

And any way hardly a topic here to talk up any shitcoin project, whether NFTs or the other shit I listed above.

NFTs do not interfere with btc "mission" at all.

You believe that removing peeps from their bitcoin, distracting them from the value of bitcoin and/or trying to present bullshit, such as NFTs as if they have any value is NOT interfering with BTC?  Whether it BTC has a mission, that might be another question.

To think that there will be ONLY bitcoin and nothing else is a little one-demensional.

ONLY you are saying that.. or trying to ascribe such ideas to peeps here in order to create a strawman, no?

That said, most of NFTs would have low value, but some would have a non-zero value.

I am glad that you are attempting to be objective about the matter.

 

 

 

It's perfect for smaller groups, which are fond of some project.

Glad that you are so excited about "perfect" aspects of this.. so why don't you take your upbeat discussion to some other thread rather than diluting this thread with your seemingly upbeatedness about aspects of scam projects.

No different from baseball cards collection.

Seems to be differences... but no need to get into rebutting those false equivalence (in order to up talk NFTs) here.

Again, not to have WO-NFT is a mistake.

Why get involved in scammenings.. sure create another thread or whatever, but seems to be a distraction to get into that bullshit including attempts to monetize WO contributions, here.... sure nothing is stopping someone from attempting to NFT this thread or hats or various other bullshit. and sure, who is going to be first?  You better get your ass out there and do it before someone else does.... that is part of the idea behind the bullshit and scam of  the whole matter.. and it is not pegged to anything like bitcoin.,. which an actual bitcoin is.. so bitcoin is probably the only NFT that actually matters in terms of NOT being very subjected to shenanigans..

Ever heard of proof of work?  Well, king daddy has that thingie, which is unparalleled to any other system.. an invention .. and a paradigm shifting invention at that.. and put into practice in front of our very eyes for peeps ready, willing and able to see it and to distinguish it from distraction imitation wanna-bes (or would snake oil salesmen be a better term?).

[El duderino_]

https://twitter.com/woonomic/status/1373951795718885377?s=20

 

[gallianooo]

Mood : #BoringBTC 

[Biodom]

<snipped a bunch of nonsensical remarks>

I did not bring the subject-it was in Elwar, vroom, whoever else posts.
Besides, WO (according to bitcointalk rules-check them out) could have posts OFF topic (by design).

However, that said, it is a little strange that your bowel movements are ON topic here, but some digital developments are not.

"Stupid is as stupid does" F. Gump