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

[Richy_T]

Hmm. Having just seen the results of a particular search, I'd just like to stress that none of the other "Chartbuddy"s out there (other than anything in bitco.in) have anything to do with me.

So must I hold cash as a hedge?

Hedge? We want a shrubbery!

[Biodom]

Fed does not understand the current K-shaped economy:

https://www.msn.com/en-us/money/markets/ar-AA1QYCmB

What they are going to do when "growth", measured in AI-based production, would increase exponentially, but employment stagnate?
I don't think that they have models that could help if this happens.
We might have a huge deflationary trend, perhaps.

So must I hold cash as a hedge?

I do, but "just in case". Some diversification wouldn't hurt.
AI should be deflationary, but we shall see.
Some AI aficionados predict that almost no one would have a regular job by 2030 or maybe jobs would be like a game: click on a bunch of buttons, receive your daily allowance, lol.

Bitcoin should help and above 1 btc is already 380X of the average btc per an Earth inhabitant, so you already made it...if you don't sell in the next, say, 4-5 years.

In the worst case of a job loss few years downstream, I will start soc sec&pension and then I wouldn't care about the job from the financial point of view, especially since a few years down the line from that I might have to take RMDs as well.

That said, it sucks to be older than, say, 40-42  .
This is my personal opinion...your experience may differ.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

[philipma1957]

Fed does not understand the current K-shaped economy:

https://www.msn.com/en-us/money/markets/ar-AA1QYCmB

What they are going to do when "growth", measured in AI-based production, would increase exponentially, but employment stagnate?
I don't think that they have models that could help if this happens.
We might have a huge deflationary trend, perhaps.

So must I hold cash as a hedge?

I do, but "just in case". Some diversification wouldn't hurt.
AI should be deflationary, but we shall see.
Some AI aficionados predict that almost no one would have a regular job by 2030 or maybe jobs would be like a game: click on a bunch of buttons, receive your daily allowance, lol.

Bitcoin should help and above 1 btc is already 380X of the average btc per an Earth inhabitant, so you already made it...if you don't sell in the next, say, 4-5 years.

In the worst case of a job loss few years downstream, I will start soc sec&pension and then I wouldn't care about the job from the financial point of view, especially since a few years down the line from that I might have to take RMDs as well.

That said, it sucks to be older than, say, 40-42  .
This is my personal opinion...your experience may differ.

I would give away all my assets to be 35 rather than 68

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[promise444c5]

Multiple wallets bro.

Anyone with a btc or more  needs multiple wallets.

Like how many are we talking about..
Nice hat btw, noticed it today.

[Odohu]

But the spirit still lives 

[Biodom]

But the spirit still lives 

I wouldn't call rigor mortis a "spirit"...but i get the joke, lol

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Multiple wallets bro.

Anyone with a btc or more  needs multiple wallets.

Like how many are we talking about..
Nice hat btw, noticed it today.

that is a photo of manhattan skyline.

taken from a moving car on the brooklyn queens expressway.

I would be driving from Brooklyn to NJ and put my hand out the window and take photos hoping to get exactly that shot.

homer did the hat a while back.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

[Abelly]

I couldn't agree more with you,
There is no final word on Bitcoin! 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

Seems since 2013 I've seen the 'ramp it up panic' game to buy more BTC has come can gone at 'least' 1 dozen times


I read someplace that 66% of Bitcoin HODL'ers were Individuals...there may be more but about 33% where biz/corporations/etfs etc....(too lazy to look up the stats

again...feel free to beat me up if I'm wrong)

Anyway, if the above is the correct that is a lot of 'decentralized' folks controlling potentially 'vast' wealth in the future

So the easy way to get that diluted out back to the top 10% or 1% of the Financial elite and as such ..is to get folks to sells such


thus go after Salyor and others with rules etc and drive the price down...way down....panic level down so the folks with $$$ can buy btc assets on the cheap

IF it takes a few years to knock it down to 66% finance/banks/etfs/etc...traditional finance..that is just dandy


anyway HODL all seems a bit too 'contrived' and 'yelling fire' to hold any weight IMHO....

Every person that sells 'likely' has held their BTC a lot longer then Blackrock as such...keep that in mind..easier to buy and accumulate an asset like  btc then mine it

not a lot of 'individuals' form the 1960's own land around Reno or Las Vegas from the 1960's either.

Under normal circumstances...it is very hard for a corp/biz or bank to get in on this now..the more folks like Blackrock want BTC the more the price goes up

the only other way is to try to control stuff and/or force the price down through FUD and Panic

so HODL ..this too will pass...seems awful contrived...

remember the 'worth' of 1 BTC = 1 BTC.

[philipma1957]

This is the real deal. If you ever go to Atlantic City NJ this place is 25minutes away and well worth the trip

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

This is the real deal. If you ever go to Atlantic City NJ this place is 25minutes away and well worth the trip

Man, this looks nice and moist.

I'm not diabetic, but I probably would be if I ate one of these every day.