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

[virasog]

Don't you think that there is a conflict of Interest?

https://finance.yahoo.com/news/put-american-public-first-senators-211500437.html?guccounter=1

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Learn Bitcoin]

LOL

No matter why we find it funny. But it's pretty accurate.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Volgastallion]

OT: So aliens are real.

No one surprised. Of course they exist so what? 

https://www.insider.com/guy-swears-congress-aliens-exist-twitter-losing-mind-2023-7

So Satoshi Nakamoto can be an Alien? Mind blowing.

NeW ThEoRy just dropped.

SATOSHI ITS AN ALIEN CHANGE MY MIND . JPG

[AlcoHoDL]

[... nonsensical mutterings ...]

Why are you here, you stupid sod?

[Learn Bitcoin]

Has Bitstamp changed the look of its Tradeview page? I am not able to make the chart fill the page horizontally anymore. The orderbook and the order entry form take valuable horizontal space beside the chart. Previously, they could be put below it. I'm not logging on - just using the public tradeview page.

Anyone know if it can be fixed?

I tried it as well. It seems the order book and the order entry become sticky there. There is no option to close those tabs. The full-screen button on the top right corner of the trading chart doesn't really full-screen the chart. I don't have an account there, so I couldn't check. Someone else might confirm if it's the same for logged-in users!

[philipma1957]

Blackrock's study recommends a 85% BTC allocation in a portfolio...




many WOers are at least 85% in.  Imagine John Doe followed... (if global investors allocated only 1% in Bitcoin, we would cross 1m easily)


https://bitcoinist.com/blackrock-study-optimal-bitcoin-allocation/

Yep and the older guys I know all have 2-5% BTC. But they have BTC.

The question is how much will they shift. To go up to 10%-15% is likely all they will do. They will not go to 85-15 as blackrock asks them to as they do not need to.

So they have a ton of wealth with not much need to shift to btc. But they are shifting a bit.

Should be fun to see this unfold.

Their 5% could easily become 30-33%% with bitcoin going up 10X and 10% would become about 50%.

I am going out with one of them today to bargain shop at Target and Stop n Shop.

I mine at his office as his power bill is 80% subsidy. We hold over 0.1 btc from his mine location.

To him the mining is fun and games.

Although his is interested in buying a warehouse placing solar on the roof and mining at a much higher level.

He was part owner of a Bank in Lakewood NJ. USA rules state under 14% is all you can own.

He has good money maybe 30 -35 mill.

Yet we are going to Target for cheaper eggs today.

You are correct that his BTC hodl of 5 coins which is 150k out of say 30 million  or 0.5% could grow to 5% if btc shot up to 300k.  

Still in his case he simply does not need the money.

He was working class guy that did well in stocks and cable ownership. He parleyed it into part owner of a bank. The bank did well he sold it.
He has
real estate
stocks
bonds
metals
cash
BTC
and a few private loans where he finances guys with ideas.

These are the typical wealthy people I met while living in NJ.

maybe a dozen guys and 1 women (she is a widow of my friends partner). all of them were middle class 'norms' that did well.

All of them would stand to gain money they don't need if BTC goes from 30k to 300k. Most of them would hodl it as they don't need the extra wealth.

[Learn Bitcoin]

Tell me Exacly or give me 1 Positive Causality that Bljatcoin brought to the world or what is the positive of it ? So far it uses up as much Electricity as entire African continent , it failed its "Store of Value" test at Covid discovery and is terrible as a Transaction means and it made more people poor than sufficiently sustainable with money (Rich). I can go on and on but i do not find any positive aspect of its existence

Ok, kiddo. It seems you started hating Bitcoin these days. Why were you asking people to donate you 3 Bitcoins then? You claimed you lost Bitcoin in the mt gox drama and you should be happy because we heard that mt gox users will get some refund. I am curious about what method would you choose to get payment of your lost funds. Probably Bitcoin cash? Well, what else can I expect?

Bitcoin gave freedom to everyone with their money, and you are one of those who adopted it. Do you want to beat Roger ver? Roger ver used Bitcoin to do his business and then started doing shit later. You are another shit. What an irony!

[HelliumZ]

Those who can't spell the name Satoshi Nakamoto correctly, how can we give them the right to decide the fate of Bitcoin???

The opinion of Mr. Brad Sherman should not matter to the Bitcoiners.  

Even if someone can spell name correctly the bitcoiners won't allow any single person to decide fate of bitcoin.

Bitcoin is here to stay.

Satoshi Nakamoto misspell Saratoshi Nagamoto

Satoshi Nakamoto <
Samsung Toshiba Nakamichi Motorola
Samsung=Sa
Toshiba=Toshi
Nakamichi=Naka
Motorola=Moto

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

The problem with normies is that they can't maths.

They completely laugh and scoff at bitcoin as a valid investment, all the while losing money in the equities market vs. inflation.

You could easily make the case that bitcoin roughly doubles in value every 4 years as measured from its lowest bear market point to lowest bear market point. (Yes it's probably more than that, I know, but I'm just being conservative here).

Still, extrapolated, that's ~ +25% gain year over year. Show me ANY other investment that *consistently* does that, that Average Joe can invest in long term.

I'll wait, normies...

and then they wonder why they are poor....

[JimboToronto]

[... nonsensical mutterings ...]

Why are you here, you stupid sod?

The same reason as for all internet trolls: attention seeking.

[LFC_Bitcoin]

The problem with normies is that they can't maths.

They completely laugh and scoff at bitcoin as a valid investment, all the while losing money in the equities market vs. inflation.

You could easily make the case that bitcoin roughly doubles in value every 4 years as measured from it's lowest bear market point to lowest bear market point. (Yes it's probably more than that, I know, but I'm just being conservative here).

Still, extrapolated, that's ~ +25% gain year over year. Show me ANY other investment that *consistently* does that, that Average Joe can invest in long term.

I'll wait, normies...

and then they wonder why they are poor....

There’s definitely a reason they HFSP.

I think most of us here have a different way of thinking to the average guy, different personality traits. Most people stick with safe, low interest savings accounts, they are very risk averse.

Those of us who were early and have done well in bitcoin are a different breed, risk takers, entrepreneurial minds. We want more for our lives than the average guy and we seek out ways to facilitate that. It just so happens that bitcoin has given us opportunities in life that most people don’t get.

Cheers.

[Biodom]

The problem with normies is that they can't maths.

They completely laugh and scoff at bitcoin as a valid investment, all the while losing money in the equities market vs. inflation.

You could easily make the case that bitcoin roughly doubles in value every 4 years as measured from it's lowest bear market point to lowest bear market point. (Yes it's probably more than that, I know, but I'm just being conservative here).

Still, extrapolated, that's ~ +25% gain year over year. Show me ANY other investment that *consistently* does that, that Average Joe can invest in long term.

I'll wait, normies...

and then they wonder why they are poor....

There’s definitely a reason they HFSP.

I think most of us here have a different way of thinking to the average guy, different personality traits. Most people stick with safe, low interest savings accounts, they are very risk averse.

Those of us who were early and have done well in bitcoin are a different breed, risk takers, entrepreneurial minds. We want more for our lives than the average guy and we seek out ways to facilitate that. It just so happens that bitcoin has given us opportunities in life that most people don’t get.

Cheers.

I would call them/us 'crazy', but not crazy crazy, just enough to do something unusual.
I don't compare us to most famous figures from the 1997 Apple ad, but something "rhymes":
https://youtu.be/5sMBhDv4sik?t=42

[Ambatman]

Tell me Exacly or give me 1 Positive Causality that Bljatcoin brought to the world or what is the positive of it ? So far it uses up as much Electricity as entire African continent , it failed its "Store of Value" test at Covid discovery and is terrible as a Transaction means and it made more people poor than sufficiently sustainable with money (Rich). I can go on and on but i do not find any positive aspect of its existence

there's nothing with an advantage that doesn't have a disadvantage
Pharmaceutical companies despite their help in curbing sickness and diseases
They still destroy the environment and individuals health
You have highlighted some his shortcomings doesn't mean that's all its about
You said it makes people poorer?
I can only see that affecting those affected by Scams
Or couldn't Hold
I understand your view
I sometimes think if Bitcoin is that important
But that's just me been narrow minded
If Its not really vital to me
Doesn't mean it ain't to others
About its positives one I would say would be its potential
Job opportunities it has created
I don't  know about you but it opened a way for students in my country to make money

[EmpoEX]

Satoshi Nakamoto misspell Saratoshi Nagamoto

Satoshi Nakamoto <
Samsung Toshiba Nakamichi Motorola
Samsung=Sa
Toshiba=Toshi
Nakamichi=Naka
Motorola=Moto

What is the exact point here?
What are you trying to prove?
None of those brands are related to Satoshi or Bitcoin.
Don't mix up everything with Satoshi and Bitcoin.

Sometimes I see Elon's tweet where shit-coiners try to mix up something.
recently XRP tried to match its logo with X.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

#TheGathering

Today.

[Stormbreaker01]

A general calculation of assets and BTC

 Total global assets ~ $900T

 Roughly ~ 15M available BTC

 If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class.

 $9T / 15M = $600,000 BTC

 What are your thoughts on this