Another great short opportunity is upon us.
Quoting for posterity
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4878. (Read 26608432 times)
August 22, 2021, 08:55:53 AM
Quoting for posterity
August 22, 2021, 08:53:13 AM
Another great short opportunity is upon us.
August 22, 2021, 08:01:26 AM
August 22, 2021, 07:56:08 AM
without intending to offend, you don't know what you are talking about ...
Why can't one have a normal conversation in the wall observer? A constructive dialog? Why someone has to ruin it somehow?
You know what? Fine. I've stopped talking to malevolent speakers either way.
August 22, 2021, 07:54:54 AM
It doesn't matter if they're bought in Bitcoin, dollars, gold or potatoes. If a deflationary currency prevails, it simply isn't worth it to buy them.
Well at some point the price will stabilize and btc will be used as a reserve currency for international exchanges. Its not really deflationary, only with decreasing inflation. we are simply in the price discovery mode until bitcoin takes over i suppose
also thats a nice view
August 22, 2021, 07:01:37 AM
August 22, 2021, 06:56:04 AM
It doesn't matter if they're bought in Bitcoin, dollars, gold or potatoes. If a deflationary currency prevails, it simply isn't worth it to buy them.
Well at some point the price will stabilize and btc will be used as a reserve currency for international exchanges. Its not really deflationary, only with decreasing inflation. we are simply in the price discovery mode until bitcoin takes over i suppose
also thats a nice view
August 22, 2021, 06:08:48 AM
... there is another angle to this also, once people have a deflationary money to store their earnings in for future spending then they are motivated to buy products that last, quality items are preferred over inferior quality substitutes that burn-out, break, etc, i.e. cheap nasty stuff that gets disposed of readily ... because if you buy a product that serves a utility/function/pleasure for longer then your savings will buy more of that product (use/functionality) in the future
I'm not sure what's the purpose of that post.
informational
Quote
Sure, overconsumption may decrease in certain parts of the world if we all used a deflationary currency such as Bitcoin, but if you know that your currency will worth more in the future, you'll also choose to not invest in stocks, because they'll bring less rate than your currency's.
There are lots of downsides that come from deflation.
without intending to offend, you don't know what you are talking about ...
August 22, 2021, 06:01:32 AM
August 22, 2021, 05:19:10 AM
The stocks, that's the only thing you mention that's bought and sold.
It doesn't matter if they're bought in Bitcoin, dollars, gold or potatoes. If a deflationary currency prevails, it simply isn't worth it to buy them.
August 22, 2021, 05:09:02 AM
Not if they are bought and sold in bitcoin.
When you quote a post, you have to be a little more explanatory on where you refer to or just quote a part and not the whole message. Otherwise, I can't make any sense.
The stocks, that's the only thing you mention that's bought and sold.
August 22, 2021, 05:01:27 AM
August 22, 2021, 04:45:46 AM
Not if they are bought and sold in bitcoin.
When you quote a post, you have to be a little more explanatory on where you refer to or just quote a part and not the whole message. Otherwise, I can't make any sense.
August 22, 2021, 04:16:08 AM
... there is another angle to this also, once people have a deflationary money to store their earnings in for future spending then they are motivated to buy products that last, quality items are preferred over inferior quality substitutes that burn-out, break, etc, i.e. cheap nasty stuff that gets disposed of readily ... because if you buy a product that serves a utility/function/pleasure for longer then your savings will buy more of that product (use/functionality) in the future
I'm not sure what's the purpose of that post.
Sure, overconsumption may decrease in certain parts of the world if we all used a deflationary currency such as Bitcoin, but if you know that your currency will worth more in the future, you'll also choose to not invest in stocks, because they'll bring less rate than your currency's. This means that the economic growth will slow down. Not to mention how damaging can this be for the government.
There are lots of downsides that come from deflation.
Not if they are bought and sold in bitcoin.
August 22, 2021, 04:03:02 AM
... there is another angle to this also, once people have a deflationary money to store their earnings in for future spending then they are motivated to buy products that last, quality items are preferred over inferior quality substitutes that burn-out, break, etc, i.e. cheap nasty stuff that gets disposed of readily ... because if you buy a product that serves a utility/function/pleasure for longer then your savings will buy more of that product (use/functionality) in the future
I'm not sure what's the purpose of that post.
Sure, overconsumption may decrease in certain parts of the world if we all used a deflationary currency such as Bitcoin, but if you know that your currency will worth more in the future, you'll also choose to not invest in stocks, because they'll bring less rate than your currency's. This means that the economic growth will slow down. Not to mention how damaging can this be for the government.
There are lots of downsides that come from deflation.
August 22, 2021, 04:01:33 AM
August 22, 2021, 03:36:15 AM
30 WO pages to backread 
Bitcoin did not break $50k until my return from the high mountains
I should have stayed a little longer
Anything important i was missing?
Brought you this photo of the lower heights, when i felt ready to touch the clouds:
Bitcoin did not break $50k until my return from the high mountains
Bitcoin over $50k when (if) i return 
I should have stayed a little longer
Anything important i was missing?
Brought you this photo of the lower heights, when i felt ready to touch the clouds:
August 22, 2021, 03:11:12 AM
This weekend, any chance?
For sure bitcoin can give us weekend surprise by breaking up the $50k mark and waking up to see your portfolio consisting of bitcoin not any shitcoins increasing after that.The bitcoin $50k mark will be blow to the bears and pessimistic who can't stop it.
After crossing that mark and breaking up the dam of price barriers who can't hinder its growth the $100k is also not far away to come into btc fast flow.
Code:
int btc{};
if (btc = $50k) {
cout << " Hold and Enjoy";
} else {
cout << "Hold and buy" << endl;
} Default : "Fuck the bears";
if (btc = $50k) {
cout << " Hold and Enjoy";
} else {
cout << "Hold and buy" << endl;
} Default : "Fuck the bears";
The chartbuudy is going to soon post for the same and just wait a little as we are at $49300 and only $700 are left to reach that price levels and we are not going back from here as engine is on ignition mode.
August 22, 2021, 03:01:24 AM
August 22, 2021, 02:14:19 AM
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