Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5530.

OutOfMemory

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Quote from: LFC_Bitcoin on May 03, 2021, 03:17:59 PM

Quote from: OutOfMemory on May 03, 2021, 03:14:12 PM

Also important (not going into alts too much here) BNB and ETH hit important resistance zones.
Should end in a BTC pump, ultimately. $60k incoming?

Hopefully.

I love the smell of burnt alt investors in the ~~morning~~ well, any time really.

Have a sMerit.
Not so much for the quality of the post, but more for the quality of the laughs it gave me Cheesy

LFC_Bitcoin

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Quote from: OutOfMemory on May 03, 2021, 03:14:12 PM

Also important (not going into alts too much here) BNB and ETH hit important resistance zones.
Should end in a BTC pump, ultimately. $60k incoming?

Hopefully.

I love the smell of burnt alt investors in the ~~morning~~ well, any time really.

OutOfMemory

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Also important (not going into alts too much here) BNB and ETH hit important resistance zones.
Should end in a BTC pump, ultimately. $60k incoming?

EDIT: No Financial Advice Cheesy

OutOfMemory

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Quote from: LFC_Bitcoin on May 03, 2021, 02:50:09 PM

Quote from: LoyceV on May 03, 2021, 02:41:16 PM

Quote from: AlcoHoDL on May 03, 2021, 01:37:54 PM

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

I was just looking at CoinMarketCap:
#1: Bitcoin! But it's losing market share, so I wondered what's taking the market share. Turns out, most of them are centralized:
#2: Centrally controlled Hardforkcoin Ethereum.
#3: Centrally controlled Binance Coin.
#4: Centrally controlled Ripple.
#5: Not centrally controlled Dogecoin (but originally started as a meme troll).
#6: Centrally controlled and probably not backed stablecoin Tether. I find it very hard to believe someone holds 52 billion dollar on some bank account to counter this value.
#7: Cardano. I know nothing about this so this is where I stop.

Why are people giving up their trustless Bitcoin for centrally controlled coins that are solely created to make the creator rich?

I think short term traders/thinkers see alts as a way to get bigger/quicker gains. Thing is, it’s a very risky game. You might get lucky doing it, you might not. I’ve never played that game & never will, been HODLING since 2014. Slow & steady wins the race, a big % of alt gains end up back in bitcoin any way. The sole reason people mess around with alts is to increase their bitcoin stash.

Bitcoin is going to $150,000+ this year, sit back & relax. I prefer knowing my money is safe in King Daddy, OG’s don’t mess around with alts, it’s a poor person game.

Especially, like at the moment, when you see top5 alts stalling in their rise and bitcoin grow in its price (5m-15m candles), you recognize the game.
Many of the $$$ spent in altcoin markets will return to BTC.

EDIT: Of course these are smallish movements, compared to BTC market cap, but you can spot them once in a while.

LFC_Bitcoin

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Quote from: AlcoHoDL on May 03, 2021, 07:57:40 AM

Off-topic (but see below) interview recommendation:

Soft White Underbelly: Escort Interview — Frenchie

Feature-length, and a great watch, she's a great story teller for sure.

She's a coiner too! Notice near the end (1:30:34), when she mentions how one of her clients, a millionaire, "helps her with her Bitcoins!" He probably introduced her to Bitcoin and is helping her manage her coins. I can't help but wonder if he's a WOer... LOL!

Some may find the above link distasteful, or even insulting, but I urge you to put your prejudices aside and watch the interview in its entirety. It's an entertaining and quite a didactic experience.

No prejudice from me.

Girl’s making money, good for her.

LFC_Bitcoin

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Quote from: LoyceV on May 03, 2021, 02:41:16 PM

Quote from: AlcoHoDL on May 03, 2021, 01:37:54 PM

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

I was just looking at CoinMarketCap:
#1: Bitcoin! But it's losing market share, so I wondered what's taking the market share. Turns out, most of them are centralized:
#2: Centrally controlled Hardforkcoin Ethereum.
#3: Centrally controlled Binance Coin.
#4: Centrally controlled Ripple.
#5: Not centrally controlled Dogecoin (but originally started as a meme troll).
#6: Centrally controlled and probably not backed stablecoin Tether. I find it very hard to believe someone holds 52 billion dollar on some bank account to counter this value.
#7: Cardano. I know nothing about this so this is where I stop.

Why are people giving up their trustless Bitcoin for centrally controlled coins that are solely created to make the creator rich?

I think short term traders/thinkers see alts as a way to get bigger/quicker gains. Thing is, it’s a very risky game. You might get lucky doing it, you might not. I’ve never played that game & never will, been HODLING since 2014. Slow & steady wins the race, a big % of alt gains end up back in bitcoin any way. The sole reason people mess around with alts is to increase their bitcoin stash.

Bitcoin is going to $150,000+ this year, sit back & relax. I prefer knowing my money is safe in King Daddy, OG’s don’t mess around with alts, it’s a poor person game.

OutOfMemory

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Quote from: LoyceV on May 03, 2021, 02:41:16 PM

Quote from: AlcoHoDL on May 03, 2021, 01:37:54 PM

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

I was just looking at CoinMarketCap:
#1: Bitcoin! But it's losing market share, so I wondered what's taking the market share. Turns out, most of them are centralized:
#2: Centrally controlled Hardforkcoin Ethereum.
#3: Centrally controlled Binance Coin.
#4: Centrally controlled Ripple.
#5: Not centrally controlled Dogecoin (but originally started as a meme troll).
#6: Centrally controlled and probably not backed stablecoin Tether. I find it very hard to believe someone holds 52 billion dollar on some bank account to counter this value.
#7: Cardano. I know nothing about this so this is where I stop.

Why are people giving up their trustless Bitcoin for centrally controlled coins that are solely created to make the creator rich?

I think that they are not so much giving up their bitcoin, but since 2017 fresh retailers pump their money into altcoins.
Many new "investors" consider themselves too late to make monster gains with bitcoin (because "too expensive", "too late" ... and so on).
This is my impression of the 2020/21 market.

LoyceV

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: AlcoHoDL on May 03, 2021, 01:37:54 PM

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

I was just looking at CoinMarketCap:
#1: Bitcoin! But it's losing market share, so I wondered what's taking the market share. Turns out, most of them are centralized:
#2: Centrally controlled Hardforkcoin Ethereum.
#3: Centrally controlled Binance Coin.
#4: Centrally controlled Ripple.
#5: Not centrally controlled Dogecoin (but originally started as a meme troll).
#6: Centrally controlled and probably not backed stablecoin Tether. I find it very hard to believe someone holds 52 billion dollar on some bank account to counter this value.
#7: Cardano. I know nothing about this so this is where I stop.

Why are people giving up their trustless Bitcoin for centrally controlled coins that are solely created to make the creator rich?

El duderino_

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BTC + Crossfit, living life.

https://twitter.com/liv_boeree/status/1389112044331442180?s=21

As the Badger.... The goose as well fears nothing Grin

BitcoinGirl.Club

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Farewell LEO: o_e_l_e_o

Quote from: AlcoHoDL on May 03, 2021, 01:37:54 PM

Quote from: Sayeds56 on May 03, 2021, 10:38:55 AM

Paraphrasing:

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

Translating:

"Buy Bitcoin."

Unless you are not like Elon Musk, this quote is not for you. Luckily in WO we have Bitcoin.

AlcoHoDL

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Quote from: Sayeds56 on May 03, 2021, 10:38:55 AM

Paraphrasing:

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

Translating:

"Buy Bitcoin."

nanobtc

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Quote from: AlcoHoDL on May 03, 2021, 07:57:40 AM

Off-topic (but see below) interview recommendation:

Soft White Underbelly: Escort Interview — Frenchie

Feature-length, and a great watch, she's a great story teller for sure.

She's a coiner too! Notice near the end (1:30:34), when she mentions how one of her clients, a millionaire, "helps her with her Bitcoins!" He probably introduced her to Bitcoin and is helping her manage her coins. I can't help but wonder if he's a WOer... LOL!

Some may find the above link distasteful, or even insulting, but I urge you to put your prejudices aside and watch the interview in its entirety. It's an entertaining and quite a didactic experience.

Funny you mention that, I saw it recently, have binged several others. Some are sad, some are creepy. I've been watching the Appalachian ones, some of my family has relatives there. Find the one where he is explaining this whole project.

ivomm

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All good things to those who wait

Quote from: LFC_Bitcoin on May 03, 2021, 08:03:59 AM

@APompilano
BREAKING: Digital Currency Group just announced that they are going to purchase up to $750 million worth of the Graycale Bitcoin Trust.

This is 3x the original $250 million they announced a few weeks ago.
https://twitter.com/apompliano/status/1389201509515251714?s=21

https://t.co/DhwAyQeSZh

[edited out]

The usual traders reaction to the news that Grayscale bought last week 4 000BTC and is going to buy another 8 000-9 000BTC:
1. Dump BTC price by 3% (starting from the top 59K today when the news appeared in twitter and coindesk) - check.
2. Pump shitcoins price by 10-30% - check.

Meanwhile, the Canadian analog of Grayscale is filing an ETF, converting its Bitcoin trust.
https://www.theblockcrypto.com/linked/103442/canadian-bitcoin-trust-convert-bitcoin-etf-grayscale-ninepoint

The same process is underway with Greyscale, which will remove the negative premium. The question is when the first US ETF will be approved by SEC. The next possible date is around mid June for Vaneck, which probably will be postponed for November. However, I have some reasons and I won't be surprised if SEC approves it in June. Of course, later SEC will approve Greyscale ETF as well.

Also, revolut is preparing bitcoin withdrawal possibility:
https://www.altfi.com/article/7851_breaking-revolut-announces-bitcoin-withdrawals-in-hastily-deleted-blog-post
This will make paypal and other platforms to think about it too.

nanobtc

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Quote from: sirazimuth on May 03, 2021, 12:56:36 AM

Ha! I just clicked on this one! Memories! First ever upload 6 years ago.
Recorded 20 years ago in some wannabe producer dudes basement with a 16track digital machine for free.
And yeah, he added that whatever drum track. I didn't have much of an opinion on it.
I just let it ride because I was like "oh cool! I'm recording my own song for free! "
He didn't even bother to turn the stupid thing off at the end....lol
Now its kind of etched permanently in time.
Oh look, it has 24 plays! Woo hoo! I should be star on Instagram so my ego can get stroked....

https://soundcloud.com/sirazimuth/sirazimuth16tr

Hey, I like it. 20 years ago, it was perhaps an Alesis ADAT (you could chain them together). Before that, recording digital tracks was measured in thousands of dollars per track, ADAT let you put 8 digital tracks on a VHS tape.

Sounds kinda like Bowie/Jethro Tull (without flute).

marcus_of_augustus

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Eadem mutata resurgo

Quote from: sirazimuth on May 02, 2021, 07:09:40 PM

Bill, love your humor on other subjects dude, but on this particular subject you sound like a clueless boomer stuck in the nineties.
Don't rant about something you know nothing about.
You just lost my respect....
And I'm a boomer.

https://www.youtube.com/watch?v=HaJpYjO136o

... lol you leftwing establishment types getting red-pilled by bitcoin hate comedy is priceless!

... maher, oliver, colbert are not comedians, they are the joke. What they produce is cocksucking leftwing establishment political gas-lighting, dressed up with some 'in' jokes, usually snark and put-downs of other people outside the 'in' groups.

... of course they are going to hate on bitcoin, their masters pay them well for their incessant socialistic peddling/influencing to maintain status quo for the rotten elite leftist establishment

Sayeds56

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Eloncoin.org - Mars, here we come!

Torque

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Quote from: sirazimuth on May 02, 2021, 07:09:40 PM

My apologies for not scanning back to see if this has been touched on already.
Too busy with other projects to spend much time here catching up with 3 million pages...., anyway my 2 cents...

So I actually I've always been on on board with a lot of Bill Maher positions and especially his religion views.
However after watching his latest rant on crypto (yeah sorry jay I said crypto, because reasons, don't have a hissy)
His jokes about it sound so cliché, he's obviously a no coiner and only listens to other no coiners and doesn't have a fucking clue in this area except what you read in msm.
Bill, love your humor on other subjects dude, but on this particular subject you sound like a clueless boomer stuck in the nineties.
Don't rant about something you know nothing about.
You just lost my respect....
And I'm a boomer.

https://www.youtube.com/watch?v=HaJpYjO136o

Yeah he really lost me (and everyone else) at "I fully understand that our financial system isn't perfect, but at least it's real."

Oh Bill, you have no fkn clue, still at the delusional Mt. Stupid level of understanding if you really think that it is real. Yeah like a corrupt Ponzi shell game is real.

Just take another blue pill, and go back to smoking weed and believing that your viewers still think you are funny.

d_eddie

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Quote from: sirazimuth on May 02, 2021, 11:09:36 PM

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

Remarkably young voice! A certain psych tinge in the chord changes makes me think more of Canterbury than of the other side of the pond.

LFC_Bitcoin

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@APompilano
BREAKING: Digital Currency Group just announced that they are going to purchase up to $750 million worth of the Graycale Bitcoin Trust.

This is 3x the original $250 million they announced a few weeks ago.
https://twitter.com/apompliano/status/1389201509515251714?s=21

https://t.co/DhwAyQeSZh

@woonomic
#Bitcoin price bouncing cleanly off levels of undervaluation unseen since Oct 2020 ($10.5k), and before that, Apr 2020 ($7.5k COVID market recovery).
https://twitter.com/woonomic/status/1389145220432859144?s=21

@Bitcoin_Sam
The $1200 stimulus if saved in #Bitcoin would now be worth over $10,000 (⬆️ 750%+).

If held in USD it would be worth $700.

Tell me again how Bitcoin isn't the most successful savings vehicle on the planet. That's how true sound money should behave. You may want to look into it.
https://twitter.com/bitcoin_sam/status/1388940463831281666?s=21

@stephan_livera
#Bitcoin Reserve Risk via @glassnode looks like we're still in the middle of this bull cycle with BTC at $58k.

Over 0.02 is when it looks more 'toppy' or potential end of the cycle.
https://twitter.com/stephanlivera/status/1389203204290846721?s=21

@BTC_Archive
#Bitcoin hash-rate has fully recovered and the price is following.

Ready for new ATH! 🙌 🚀
https://twitter.com/btc_archive/status/1389201757063065600?s=21

AlcoHoDL

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Addicted to HoDLing!

Off-topic (but see below) interview recommendation:

Soft White Underbelly: Escort Interview — Frenchie

Feature-length, and a great watch, she's a great story teller for sure.

She's a coiner too! Notice near the end (1:30:34), when she mentions how one of her clients, a millionaire, "helps her with her Bitcoins!" He probably introduced her to Bitcoin and is helping her manage her coins. I can't help but wonder if he's a WOer... LOL!

Some may find the above link distasteful, or even insulting, but I urge you to put your prejudices aside and watch the interview in its entirety. It's an entertaining and quite a didactic experience.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5530. (Read 26608217 times)