Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11634. (Read 26710273 times)

1BTC is 1BTC!

Whatever $100 got you 12 months ago is exactly the same amount of BTC today.
Think in BTC terms & not $ terms buddy.

Plus we should always try & find positives in everything - We can increase our HODL stashes now. Now is a great time to accumulate ahead of the next massive bull run.

It's been a while since we haven't talked about ETFs.

SEC Commissioner: Bitcoin ETF Will Eventually Be Approved

https://coindoo.com/sec-commissioner-bitcoin-etf-will-eventually-be-approved/

"In a leaked interview with Congressional Quarterly Inc. on Feb. 07, 2019, one of the SEC commissioners Robert J. Jackson said that Bitcoin ETF would finally be approved. So it is no longer a matter of whether SEC will adopt a BTC ETF. It is now a matter of when.

The draft copies of the interview were reportedly shared on social media by Congressional Quarterly. The company is scheduled to publish the full interview on 11th of February.
...
Regarding the Winklevoss’ ETF proposal, Jackson said: “Would I have wanted them to be able to buy that ETF? Hell no hell no. And I might not be sitting here if my father had, so yeah, I take really seriously putting the American stamp of approval on any investment product, and I’m not going to do it until those questions get answered.”

#adoption  

Users in Argentina Are Now Able to Load Public Transport Cards With Bitcoin




https://www.cryptovibes.com/crypto-news/sube-card-bitcoins-public-transport-argentina/

Morning WO's.


He actually speaks of not a single word of truth there JJG. Wake up.


I have to admit that you got me worked up a little with your lame and uninvited personal attack.
I had to briefly go through your post history to see what I'm up against. Glad I did so.

Shady intentions & dangerous is my conclusion for you.
And when I say 'dangerous' I mean MANIPULATOR level, AKA whale.
Far from the 'we live here' - you don't.

Thank you for exposing yourself, next time pick on even smaller fish.
Don't make me quote my favorites of your posts - I did have a good laugh.

It's all about you isn't it? Your mouth is bigger than your bags though. And my ... even greater.
Being loaded doesn't make you a better person does it now?
At least I don't go around spreading FOMO, nor give bullshit advice, that might have a negative impact on other people's wallets.

Sorry for disturbing your flock round up attempt.
If someone doesn't sell some BTC when it's ATH, then I don't know what he's doing here.
One last thing, before I never refer to you again, and mostly a wish: Fuck off already.

Never thought I would merit talky man, but here we are.

If you bought a crypt for $ 100 a year ago, now they would turn into 40.33 bucks.
Great...


This tool just needs to be turned off at the time of the bear market!!
Just to not spoil your mood... 

Oh yea, and another issue with Corncube I have.  Yes, John Nash believes "ideal money" is an imaginary token of no value, but John Nash also forgot to mention to you that he's mentally insane.  His brain is not capable of analyzing actual human wants, ideals, and behavior, or things like Maslow's Pyramid, so his only way to comment on any subject at all is to attempt to distill every variable down into a clean room math problem.  In other words, "ideal money" is not an imaginary token of no value, it's just what his brain WANTS the variable to be so he can turn it into a math problem.

In the real world, humans value things based on their actual usefulness, so something that's completely imaginary of no value makes zero sense in that regard of standing any type of test of time.  Any imaginary token based on artificial scarcity is guaranteed to start at zero and return there in other words.  How is that "sound money"?  That's the most unsound type of money possible.  

Really, since money is a way of transferring some sort of real value (not fake scarcity or imaginary value) from past to the future, it's main two traits needs to be non-perishable along with some sort of valuable use case for humans. I'd classify silver and copper as better forms of money than gold in this case, but gold still has it's uses.  To sum it all up, the arguments of Aristotle on money are correct and both Plato and John Nash are wrong.

That's the political use, yes. But what it actually means is that parent and child are chained together. Our dear illegal migrants could choose to place their babies in some other country, where they then would be too. It's a choice, is my point.

Good day WO's!
 Gentlemen, how is your mood?

 
+1 WOsMerit

I will spell it out a little clearer, the bears have their work cut out for them. These areas will most likely become intimately familiar with all of us over the next several months. I think its possible we could meander between the 0.618 and -0.618 fib range for quiet awhile. Deal with it.
4h

#stronghands'19

Corncube, stop trolling.  Nobody that actually has money wants to convert that money into centralized, valueless, imaginary tokens.  Anyone that already has money is going to buy real commodities like physical gold and silver instead.  The only people who have any interest in shitcoins are broke people who make believe bitcoin is some type of lottery ticket where you buy one and it's somehow going to make you rich.  

The problem you face is the bitcoin market cap is already enormous - higher than above ground physical silver - so the whole bullshit "buy this thing because it's a penny stock with big upside!" narrative implodes.  Transaction validators are designed to centralize in every shitcoin so they have zero fundamentals.  There's no Schelling point.  And it's a fake commodity, unlike physical metals, so even if you hoard all 21 million shitcoins, the rest of the planet can completely ignore you and you have zero power at all.

The only type of market where artificial scarcity has any power is when the govt prints up their bogus fiats and forces you to use them at gunpoint.  Without coercion, anything based on artificial scarcity (FAKE commodities) implode because everyone subconsciously knows make believe items have no value and the invisible hand of the market funnels everyone back to real ones - physical metals.

I don't expect an immenent pump. I suspect Bitcoin is probably going down more. It will be a fantastic buying opportunity.

Nothing has changed in the fundamentals. Bitcoin remains a revolutionary technology that allows ownership of wealth and transfer of value without intermediaries. There is no comparison or real alternative out there for those looking for what it offers. The nations of the world continue to debase their currencies at an unprecedented rate. Socialism is rising everywhere and with it increasing wealth confiscation. That will sooner or later turn ever larger numbers of people to Bitcoin It's just a matter of time.

Bitcoin simply climbed too high too fast on the wild dreams of those who wanted to get rich quick without working and almost all of the forks and altcoins were worthless from the moment of inception and the market is slowly figuring that out. All that is lost for the moment is the get rich quick vibe. The value investor is and will step in at this and lower prices. Bitcoin's long term potential remains quite compelling.

"#Stronghands '19"

Perhaps you should be taking MajorMax's advice.  Go away for 6 months, 1 year or perhaps a little longer depending on how much time you need).  Especially, if you are merely HODLing and just getting depressed by watching the flatness that perhaps has decently high odds to lead towards more DOWN.


You cannot expect anyone to be nice to you on the interwebs, and could even be the opposite, and maybe that is why going away for a few months or longer could be good.


Who knows?  We are in a bearmarket, and that just means that the odds for down are greater than the odds for up, so still hoping for UP is against the odds.. setting yourself up for disappointment, if you are continuing to put actual feelings into hope for UP.. at least currently..

These markets getting you down, too, Roach?

ToxicChart renditions are supposed to be a rorschach test, I believe.

----------


Stronghands'19

I think I have "capitulated".

No, I haven't sold. Any. There's no point for me to do that... not at this price, not at any price. But I am slowly losing hope I will see Bitcoin recovering its previous heights. It's more like I have accepted to ride this thing to hell.

Normally I would consider that feeling to be a great contrarian indicator... so bullish. But when I say I am losing hope I really mean it this time. (I) Never before felt like this.

I am struggling to post this or not. But it wouldn't be honest not to share my feeling just to avoid the (probably justified) critic/flame.

I wish to be wrong though. Would even wish for a pump right after I press the "Post" button.

I have never sold a single Bitcoin (trading doesn't count) but now I am starting to understand why some people finally "break".

Still struggling to post..... but will do it, just don't be too hard on me and my current negative view... maybe it is really even a good thing if there's more people feeling the same... or maybe not. Whateva.


* THIS IS NOT FINANCIAL ADVISE, IT'S JUST ME SHARING SOME THOUGHT/FEELING.... MOST PROBABLY COMPLETELY WRONG... HOPE SO.