Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5611. (Read 26606824 times)

Sorry for fooling around.

Ok, back on topic.



Seems like $60k is acting support, $70k next?

The infamous "alt season". Bitcoin's drop in Market Capitalization happened in 2017 too: people jump into alts hoping to get more Bitcoins. And when they start selling, Bitcoin goes up in market share as well as in fiat value. I expect the same again: Bitcoin remains quite stable in value while alts are growing, and in a few months Bitcoin will absorb all that value.

/so far my wishes and expectations

Something will happen soon, too many idiots falling for shitcoins. Today a colleague came to and proposed me to buy doge.......

I bought the bitcoin dip hopefully, can't wait to see the alts smashed. Too many dumb/weak hands around.

Now, that's more "rabid" or something... voracious.. hungry ... or I don't know.

Thank you.

Without betting any "real" money (aka king daddy, aka the corn etc.), I think we could have already begun observing some relative puniness in this cycle, if there weren't so many big players really getting in the arena and putting their money where their tweets are. The new players, institutional or silent as they may be, are positively skewing the market by pouring a previously unseen money supply into the market. So there is that. Can this welcome skewing go on at this rate? 2x a year is the kind of exponential growth that sooner or later hits the ceiling with a sore head. The flattenening (?) part of the S-curve, in udder words. We'll have to wait 2024 to actually see where things are going. But it's always like that with the corn, isn't it.

For dee fucking our lil selfies bit, I have no problems to keep waiting a lil more. If you feel any rush, please go ahead

If they keep pumping Forks like this, it could be a good moment to dust off old cold storage.

I think you clearly have the laser eyes one. The other one doesn't look too flattering.

BCH now up 38% 

Who is pumping shitcoins today.

Limited supply? Zero new supply.

A living artist may not be able to exactly reproduce his existing works but he can create similar new works.

Once he's dead, the supply is gone forever.

Every work of art lost in a fire or otherwise destroyed is like a bitcoin with lost keys. There's no replacing it.

Of course if Van Gogh's "Sunflowers" were destroyed in a fire, all remaining Van Gogh paintings would increase in value, just as every lost key increases the value of Bitcoin.

I just spent the last of my remaining fiat to buy the dip.



(€50,500 ≈ $60,500)

Time to update this meme.



I don't know which category I am in, all I know I'm not waiting for sub $60k.

*edit: edited out the numbers, that's not relevant.

If the corn was an artist, her paintings would be very expensive. She's been ded a long time already.

Now Ver's shit crap is getting a push for no reason.
Bunch of wankers.

 

 Careful man!  He looks pretty focused.

I'm not much of an art person, although I have made some original art myself, but then I'm a no one so who cares about "Dabs' painting" right? However, I do appreciate some certain replicas of not so famous art paintings.

There are even markets for these, original oil hand paintings, but obviously mass produced and copied or inspired by greater artists of the past, plus they are cheap too. However, because of that, they aren't very valuable more than a token amount above the cost of materials and the time to create them.

The most expensive paintings are from dead artists ... the longer they are dead, the more expensive.

I am also into diversification as far as other asset classes are concerned, especially ones you can actually put in your registered retirement accounts (401k, IRA, ROTH, RRSP, TFSA, or equivalent.)

Those usually involve either mutual funds or broad based index ETFs, and not particularly the crypto kind like GBTC. What I did put in mine were BTCC and before that QBTC.

But those are entirely different asset classes, usually along the lines of stocks/equities and bonds. S&P 500 or Total Stock market, that's the kind of "diversification" that would be simple and "easy" to understand, not picking some 10 or 20 different ones, although my father did tell me to get some Amazon years ago.

In crypto, its mostly 99% bitcoin. 1% everything else. In my case, that smaller percentage has gone up without me adding more to it and I'm always taking out of it (but not the capital, basically I'm farming the "interest" out of it as long as I can.)



And there you go. All's good. I don't know what got you into thinking it was about you or anyone in particular. It's always about everyone here, as a group, in general. Was never into anyone specific unless that was mentioned. I mean, roach will be roach, proudhon will be proudhon, and I just let them be.

Ok fine, JJG will be JJG ... always replying with walls. After all, this is the "wall observer".

pwned by our trollama! Have you heard him singing BTW? Well worth a YouTube search (proudhon song)  

Voila, sold my DOGE (which were bought in summer 2019) for some extra bitcoins.
Patience is everything, glad I could finally get rid of them.

And now pump it to 100k+

Planning to ride this bull as:



(saw him during a walk last sunday, that can't be coincidence )

No. Action figures are more like collectable dolls, plates, or numbered prints.

Real art is original. It is of extremely limited supply (only 1). That's why it's so valuable. Like Bitcoin.

Numbered prints are just pictures of art. They can be printed up in any number. That's why they aren't really worth more than the paper and ink to print more.

Same with action figures. Fire up the production line and crank out some more. Like Ripple.

True, but it is a mixed bag on books. I still like physical (books also smell, sometimes enticing, sometime peculiar). Also, a look at the tome and handling it is exciting (to me).
That said, I am gradually worming up to e-books, especially those which you only need to read once, which is most of them, probably.
BTW, I have a physical painting with some small amount of btc inside. Is it a wallet or NFT?