Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5865. (Read 26715952 times)

Where: New York City — Union Square

When: Circa 1870

Edit: vroom beat me to it!

union square, new york, 1905. next.

edit: AlcoHoDL

To all those concerned that they have told too many people about their Bitcoin ownership, fearnot. In 5-10 years time everyone will own Bitcoin, so you will no longer stand out from the crowd and instead will be mostly forgotten in the noise. Just give it time.

How about a game

Where is this, and when.

https://twitter.com/coincornermolly/status/1373342354443268098?s=21


Hi Molly, I’m LFC_Bitcoin & I’ve HODLED hard since 2014. Would you like to go to bed with me?

We already crossed $60k a couple of times, already.

What more you be wanting?  

You cannot even appreciate $58k or $59k?  What's dee BIG diff?



Bitcoin no be a stock.

Have you ever heard of paradigm-shifting technology?  




That is be called Koreck.



Seems kind of random to either know time or price and especially both at the same time.



Might happen that way.  Sure.. There's a chance.



That's a pretty specific prediction for sure.



Moving into the ridiculous, now.

 

needed some smiley faces there. #nohomo



This part makes some sense, at least in a sense that BTC may well create exponential incentives to find and incentivize the use of less efficient energy sources and to make them more useful or used (even if you might not be saying it in the same way as me).



Seems quite bearish and also failure and refusal to really understand bitcoin's upside potential in terms of current lack of adoption that will likely continue to inspire bitcoin innovation and price appreciation in a variety of ways.. including likely somewhat ongoing conformity with stock to flow models, even if stock to flow might NOT end up getting some aspects of bitcoin's upcoming and anticipated price performance exactly right.




I appreciate that you are directing this comment at your mother, yet your models do not seem better, Phillip, but hey to each their own.



I doubt that your mother was knocking magical thinking but instead asserting that you are limiting yourself, which I am not sure if that would be fairly described as magical or maybe more accurately an attempt at the creation of a new and innovative BTC price prediction model that is way the fuck less convincing than other more current models such as 1) stock to flow, 2) 4-year fractal and 3) exponential s-curve adoption based on metcalfe principles and networking effects.


You mean that instead of being 100% retarded, he is only 99.99% retarded?  O.k.  Perhaps that is a bit less than "complete" retardedness.  Perhaps.


Feels does not seem to be a good way of preparing.. but hey, not good to take 'vices from a bot on the interwebs, either.  So there is that angle, too.


Oh gawd..

You did tell us, and pretty soon my eyes are going to be so far behind my head that I am going to be looking at mi garganta.


Interesting point, Biodom, about the kids.

I would speculate that your kids will sometimes be around you while you are either writing posts, here, about bitcoin, or you are otherwise researching or looking into various bitcoin matters, including looking at the BTC price from time to time.  So then, how do you navigate those kinds of matters?  Do you have some kind of cover story?  There is hardly no way that you are going to be able to tell me, convincingly, that you are not spending very much time on bitcoin.  It's like when jbreher tried to tell me (actually he did tell me) that being involved in ladder trading hardly takes any time... blah blah blah.., and surely, I took his representations with a decently sized grain of salt, even though I do appreciate that there are ways to employ less time consuming methods practices and ways to employ methods that will inevitably take more time to keep up.  

I thought I was one of the only ones... god the new layout is dogshit

Plot twist: OutOfMemory's brother in law = proudhon? 

Yep...with the exception of the WO gentlemen, that's all the world is full of now.  

All joking aside though, even if they didn't do those two things above, the more likely outcome is complete ambivalence toward Bitcoin. Acting like the only people who invest in btc are just weirdo nerds.

From the stories I've seen here and elsewhere on the net, looks like hiding my ownership of btc was the right call after all.

I get to have all of the financial upsides, and none of the social downsides. I don't need bragging rights to feel wealthy, people can see by the things that I own that I'm well off. They don't need the details of exactly how I did it. I also don't need a target on my back.

Merited also for using old.reddit 

The struggle is temporary

https://old.reddit.com/r/Bitcoin/comments/m92y4e/the_struggle_is_temporary/

cat laser eyes song lol

https://old.reddit.com/r/Bitcoin/comments/m8pxv1/bitcoin_blinding_lights_laserrayuntil100k/

Sounds like those kind of people you are meeting are blatantly gold diggers. You're probably best off ending the interaction immediately or at least by the next morning if you're inclined to see what you can get from it.

Commodity Futures Trading Commission Orders Coinbase Inc. to Pay $6.5 Million for False, Misleading, or Inaccurate Reporting and Wash Trading
https://www.cftc.gov/PressRoom/PressReleases/8369-21

I really think this is because of social media, I know that people have always been a little bit of a gossip and they love to find out whatever they can about everyone, and we know this is true because people have love to find whatever they can about their favorite stars since forever and they could read about that for eternity if time permitted it, however with the advent of social media that behavior that in the past was reserved for stars now applies to everyone.

I don't know if you guys are still dating but that is precisely one of the things that bothers me, people ask you financial information as if it is nothing on the first five minutes of the interaction and then they get offended when you don't answer or evade the question, they do not realize that if you never see each other again you have given this person very valuable information about how much you earn, how much money you have in your bank account and similar stuff, I do not want strangers with that information on their head because you do not know who they can share that information with and that's dangerous, social media has created a world which went from "share whatever you wanted to share with the world" to "you have to share everything and if you don't you're suspicious".

Good point.. you fucking used-to-be bear troll.  #nohomo


 


Whoaza!!!!!!

Just imagining how much MOAR smartie-pants peeps needed to be back in the good ole days that were MOAR oldie than when I got in to BTC, in 2013.

My first purchases and fucking around with bitcoin were on: 1) local bitcoins, 2) blockchain.com wallet, 3) Coinbase, 4) BTC-e, 5) later Circle, 6) and surely there were some others that were added with more and more passage of time and my various increases in my bitcoin exposures, but really I cannot remember too many of my earlier days to have been very technical in nature..

It does seem that I have learned a few "technical" matters along the way, but my technical skill levels still seem to remain, relatively speaking, quite a bit not very technical, even though sometimes I appreciate that learning some more technical aspects in relation to bitcoin would have been helpful in the past, could be helpful now and is likely to continue to be helpful, even though more and more with the passage of time, there are becoming greater and greater abilities to interact with bitcoin, gain exposure and even hold your own keys without having very many technical skills (however those "technical skills" are defined).


Even if I give your mother a rough time, it seems to me that he is largely correct with an assessment that "we have already made it."

Yeah, there are ways to continue to proclaim that some additional mile markers need to be reached and/or surpassed.. but even though nothing is guaranteed, especially in bitcoinlandia, there is a certain kind of sense that the odds of x, y or z... are really high in favor of richie status.. .... so whatever, even though I hate really suggesting that some of these matters are "inevitable" but golly gee whiz, not very easy to find better places to put some money.. and not even suggesting to increase allocations.. because even small stakes in bitcoin is likely to end up being quite rewarding and surely more meaningful stakes might be the more prudent way forward, even with folks who are having trouble getting or maintaining a "pot to piss in" (meaning that theys don't gots much).



Have you ever heard of dee 1) stock-to-flow model or the four-year fractal?  Why the fuck reinvent the wheel when we already have some pretty decent ideas of timelines, and yeah, I am not even saying that we might not burst a bit outside of those models, but golly-gee-whiz, until we get some kind of better model, it seems that we should not be making up some new shit when we already have some decent timeline frameworks for what might happen and when it might happen.... Yeah, we have the exponential s-curve adoption based on metcalfe principles and networking effects too, but that 3rd model does not really need to be emphasized in this context because the stock to flow and the 4-year fractal already give ideas of timing that are not even contrary to the exponential s-curve adoption aspect.



Haven't many of us already logically and evidentiarily established that it is quite likely that BTC is way the fuck more valuable than gold - so who the fuck cares about gold's market cap beyond the fact that it is a place that bitcoin is going and then going to surpass.. .so it is just a kind of stop or a passing through place along the way.. nothing to really target as a meaningful stopping point, even though it is quite possible that bitcoin might consolidate there or find resistance there or find support there or whatever...  


Not sure about what this here last point has to do anything with the price of tea in China?  


How did you become so smartie-pants, your mother?

I can remember the days when you used to say a lot of stupid shit, and now, all of a sudden, you are making senses.

Breaking 60k this weekend would be a semi-major event, given the temporary cooling off climate. I say: we wait until next week, padawans.

Yes, we heard it here first, but IIRC already some weeks ago  

EDIT: I see support building in the low to mid €49k's. We could break $60k (€50k) comfortably today, but this would be clearly a very optimistic view.

Sometimes it can be quite difficult to really know with any kind of certainty, and surely instead of a fat thumb, it could have been a pumpening attempt that failed.., but I agree that the fat thumb explanation does seem to be more likely of a scenario because such a thing does happen from time to time and sometimes is later admitted to or described as a factual scenario surrounding "large" price movements that more frequently happen on less liquid exchanges... but also sometimes happen on more influential and liquid exchanges, too.


This is a good point, vapourminer.

No matter the circumstances, there is a balancing that is needed to be considered, and in some sense, some of us might feel some kinds of obligations to have had spread the word, whether we are talking about 2011, some later date, or even now, and all of a sudden because we may have become rich as fuck or relatively richer than some of our neighbors because we move above and beyond ramen, we still might have some balancing obligations (surely, personal discretion in terms of how much of any kind of obligation that might be felt) in terms of sharing with others but maybe not getting too caught up into personal details.

I continue to frequently tell people (strangers and even people that I might only know superficially as well as persons that I know in more intimate and ongoing ways) that bitcoin is likely to be serving as one of the greatest wealth transfers that we have ever known or that the world has ever known, and sure you can remain stupid about it or unaware, but in some sense you are lucky that I am even mentioning such a thing to you and going into some details about my having had studied the space.  Sure, you have the right to do whatever the fuck you want in terms of "looking into the matter" or taking some kind of meaningful action or even ignoring whatever I have said to you about the topic.  I am not necessarily going to attempt to teach you anything beyond some informed questions that you might ask, but in a considerable sense you have been put on notice, and it is up to you regarding what to do, if anything.

Surely, my going into the idea of "the greatest wealth transfer in history" is going to vary and is quite likely to come out differently, and maybe at some point I might hone in upon some better formulaic ways of saying such things and to differ the pitch a wee bit depending on my assessment of the receptiveness of my audience.

Yeah.
I remember the time as "the time when my brother in law said that bitcoin will never go over $10k again"  
To be fair, maybe he was meaning €10k, but whatever. I was thinking somethink like HFSP!, but in a more mercyful way.

FTFY.