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

[bitcoinPsycho]

Has anyone seen proudhon? I hear that he have to recalculate some maths n shit

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[BitcoinBunny]

Has anyone seen proudhon? I hear that he have to recalculate some maths n shit

He'll be back when BTC drops from $150,000 to $135,000 and Bitcoin is DEFINITELY dead and will never reach $150,000 ever again.
Maths and science told him so.

[Sayeds56]

[ChartBuddy]

Explanation

[BitcoinBunny]

I think we are a cycle off from hitting 400-700K. But I'd like to be proven wrong.

Doubt I would do a 9-5 job at that point though, as long as inflation doesn't hit 500% over the next 4-5 years.

[nutildah]

Doubt I would do a 9-5 job at that point though

One of the biggest improvement Bitcoin has brought to my life is helping me to exit the rat race in its entirety. I wake up when I damn please, only do work I want to do, and can't imagine how people still live otherwise. I think its added back years to my lifespan.

[Torque]

So, are "toxic bitcoin maximalists" only considered to be toxic by shitcoiners that don't get that shitcoins are shitcoins?
I was wrapping my mind around this randomly appearing term too much in the last few days.

Funny how things went from:

"Bitcoiners" ---> "Bitcoin maximalists" ---> "Toxic Bitcoin maximalists"

The MSM trolls and shills hard at work astroturfing, gaslighting, and labeling a group as 'toxic', to push the public away from one thing (bitcoin) and towards another (shitcoins).

It must be working. Shitcoin communities are toxic circlejerks full of cognitive dissonance and delusional hopium.

[ChartBuddy]

Explanation

[philipma1957]

More like: "I am taking back the rainbow for Christians”

Pretty ballsy to be waving the symbol of gods promise not to flood the earth again in his face like that.. Methinks..

ARE you an A-hole just because some people think your are one?
What about the people who thing they are A-holes for using that symbol? Are they all A-holes because some people think they are?

I guess it depends on whose opinions you give a shit about, if any..

Taking back the rainbow for stoners



Nobody owns rainbows, they're a natural phenomenon. I do have a particular issue with the way the alphabet people are using it because they originally were using it to promote tolerance but now it's all about exclusion and all sorts of nonsense.

Sorry to show one of my pet peeve "insensitivities," but one of my semantics issues concerns the calling of pregnant woman as people... "People" need blah and blah and blah.. , and in that context the reference is to  "pregnant people" which in my thinking is quite a bit better (and less ambiguous) to refer to as such "pregnant people" as women.. or some variation of women that does not include men (or some variation of men).

https://twitter.com/raphschoen/status/1448012347533107202?s=21

Exactly what I tell new peepers well

Just add 5. At bigger DIPS buy some more if possible.

Also to take it a step further:

Take at least 50% of the money you would sink each year into your 401k, and invest that directly into bitcoin instead.

Then compare the two investment vehicles' progress at 5 years, 10, 15, 20.

You'll quickly realize how sorry you are that you didn't invest the other 50% into bitcoin as well.

That is a fairly BIG dilemma for normies.  I feel somewhat out of place to be contemplating such dilemma - because the main years that I was investing into a 401k, I did not really know about bitcoin - so my getting into bitcoin was to replace my 401k investment with a new investment... and I was no longer eligible for 401k investing at the time that I started buying BTC in late 2013.

So the dilemma is to have a potential for matching funds and tax deferral.  Depending on the 401k plan, the matching funds will likely go up to a certain percentage of income or a certain amount of income.... I had the first 5% matching funds and then after that I could invest up to the yearly maximum with merely tax deferral.  I always considered that there were a lot of advantages in terms of investing at least as much as the matching funds, and then after that it was more ambiguous about what to do in terms of maxing out the yearly allowance.  Probably, I would still say to maximize the matching, and then just invest at least the same amount into bitcoin, if that were to be affordable.. so kind of assuming 10% of income into those two investments (5% 401k and 5% bitcoin)... but surely, individual circumstances should be taken into account in order to figure out these kinds of matters, and if your budget might allow for more.. or maybe if yo might be over extending yourself, too in terms of all of your monthly expenses in light of your income (monthly cashflow).

Well the wife has always been super super conservative with her 401k.

So we let it sit and grow at 1-2% not counting inflation So I would argue it is slowly shrinking.

But It allows me to justify the btc we have.

If all goes well we will have more in BTC by 2022 then we do in the IRA.

So having safe money is okay it allows you to also have risky holdings.

[Richy_T]

So, are "toxic bitcoin maximalists" only considered to be toxic by shitcoiners that don't get that shitcoins are shitcoins?
I was wrapping my mind around this randomly appearing term too much in the last few days.

In other news: Ants at work  

Toxic = "I don't agree with you but don't have a good argument to put forward either".

Not that there aren't toxic people out there but when you see it used like this...

[Richy_T]

Funny how things went from:

"Bitcoiners" ---> "Bitcoin maximalists" ---> "Toxic Bitcoin maximalists"

The MSM trolls and shills hard at work astroturfing, gaslighting, and labeling a group as 'toxic', to push the public away from one thing (bitcoin) and towards another (shitcoins).

It must be working. Shitcoin communities are toxic circlejerks full of cognitive dissonance and delusional hopium.

This is SOP these days. Everything is filtered through the lens of the writer's agenda and no attempt at journalistic detachment is made. Sad times.

[ChartBuddy]

Explanation

[d_eddie]

In other news, she's pumping. We reached a local high. Currently at 58073.

[TheJuice]

In other news, she's pumping. We reached a local high. Currently at 58073.

Would love to see global high!

[Hueristic]

In other news, she's pumping. We reached a local high. Currently at 58073.

Would love to see global high!

https://www.youtube.com/watch?v=IBLnSl8Q1NQ 

[BobLawblaw]

[philipma1957]

58.3 soon to be 60.1?

I think I will sell some at 60 if we get there.

[d_eddie]

58.3 soon to be 60.1?

I think I will sell some at 60 if we get there.

Thanks. We need someone to take one for the team.

[ChartBuddy]

Explanation

[aysg76]

Doubt I would do a 9-5 job at that point though

One of the biggest improvement Bitcoin has brought to my life is helping me to exit the rat race in its entirety. I wake up when I damn please, only do work I want to do, and can't imagine how people still live otherwise. I think its added back years to my lifespan.

That's how freedom is defined which is brought to you by BTCitcoin. I still do job but can leave it anytime because of bitcoin but not having daily 9-5 job and can do work according to my choice.But most of us are trapped in rat race in which only the companies manages to win.