Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6254. (Read 26709656 times)

History is littered with technologies and companies which were too big to fall or too ignorant to innovate.

Bitcoin is the biggest and undisputed crypto asset right now, but this is not guaranteed forever.

Ignoring a lot of interesting and potentially disruptive development in the altcoin space is short sighted.

After all, isn't it exactly what banks, big names and investment funds have been saying about Bitcoin, until they didn't.

bitcoin is the first global 24/7 market that everyone and their grandma can participate in without permission. almost all bitcoiners are able to sell all or at least some of their stack with a stroke of a key. in contrast to almost all other financial products, where brokers, opening hours and other reasons create a friction that does not allow anyone to play nervously around with live changing amounts of money.
this makes bitcoin, this unique global 24/7 market, structurally susceptible to media campaigns, FUD campaigns, online marketing spin doctors.
as long as the mindset of "buy&sell" smart, of "it can go to zero, so always be aware and have your sell trigger ready and alert" persists, FUD induced selling will be a thing.

there are CEO's of IT related companies who panic sell their btc stash at the local bottom because they hear "double spend OMG!!1!!!"

try inserting FUD about van Goghs paintings and see how many art collectors will panic sell their van Goghs. not a single one. tell weak hand bitcoiners that china will use the bitcoin kill switch tomorrow and you will have some that are happy to panic sell their entire stash within a few minutes. because it is possible. because bitcoin works so frictionless.
this is also one of the reasons for the high volatility.

Shitcoins are at it again.

I guess now that bitcoin is dead and there are massive bugs in the code, it is time for all the institutions to divest and inject it into the one true coin.... Chainlink, or perhaps "insert random shitcoin name".

lololol, shitcoins. Some real long-term potential right there.

Bitcoin liquidity below 4 million coins (sum of liquid and higly liquid coins, according to glassnode illiquidity chart).

https://studio.glassnode.com/metrics?a=BTC&category=Supply&m=supply.LiquidIlliquidSum

loooool
i think the good Peter Schiff is very much affected by the current pandemic...

That's like a 4 or 5 percent profit.  Wow beta, much cucks.

Note the final sentence "move to cash as this story is unfolding" (unfodling?)
which implies they might buy back.  But exiting the market is still not the smartest move.

First nominee for the Nocoiner Non-Sense 2021 is Peter Schiff! If you guys use twitter tag him along and share the nominations.
Hilarious

So each dollar is actualy a 100 as well!


Brr brr brr bbrr brr brr brr brr brr brr

This is the most hilarious tweet of the year so far.  



And the best Bearnie Sanders meme. (The caption could be: When bears try to scare me with a 1 min dip below 30K to sell." OR "Reading Peter Schiffs tweets about Bitcoin.")

OMG! It's the dude (?) that stole Ronnie Dio's Boots! 
Seriously: There is art, there is music, and ...this.  

(Edited)

DISCLAIMER: This is not a political post.
"President-elect Joe Biden on Tuesday named Dr. Rachel Levine to service as assistant U.S. health secretary, a historic first as Levine would become the first openly transgender official to be confirmed by the Senate."

https://www.reuters.com/article/us-health-coronavirus-usa-levine-idUSKBN29O1J1

EDIT: https://www.youtube.com/watch?v=B5-X_3_Kpww

Best song to listen to while stacking sats.

Friday was strong trading day as Bitcoin gained 8.5%. Today my 4 hr chart is showing sideways movement though RSI is showing upward Trend. Price is likely to remain Range bound.

Who gives any shits about such an amorphous concept as "blockchain technology" - except perhaps some shitcoin pumpener who may well be attempting to extract value from bitcoiners by misleading regular peeps into such nonsense talking points. 


Seems to me that you need to get a grip, Rehan Zakir, because this happens to be a bitcoin thread, and not too many of us (royal we, of course) are tolerant of shitcoin talking points being propagated herein.

I don't recognize any kind of obligation of BTC HODLers to educate average Joes.  Sure, we have been doing it for years, but they can fuck off if they cannot figure out the matter and attempt to put some effort into getting some kind of stake in BTC.

Yeah, we do seem to have a kind of problematic situation in which BIG ASS players are ongoingly scooping up current BTC supply and also any of the coins that the average joes are willing to sell (if they have coins).

So, yeah, if you average joes don't figure out what the fuck is going on in terms of what seems to be one of the largest transfers of wealth that has ever taken place, then that is on such average joes to continue to be deluded by bullshit and failing/refusing to identify bitcoin as a solid investment including figuring out some reasonable way to begin to build some kind of a stake in it and maybe to continue to attempt to acquire space on the limited supply of King Daddy.

If you want to go out and attempt to educate average joes, then that is on you.. and sure some of them are going to figure it out in the coming years, even though they would have been more advantaged to figure out the matter now, rather than in the coming years.  There is plenty of good information out there for the average joe to study (way more than there was in 2013 and 2014 and even subsequent years, so the availability of good bitcoin information continues to build, over the years, that's for sure)... and hopefully not get distracted into shitcoins along the way.

How's that dump doing for you, thanus?

You posted at near the bottom of BTC's price that has been going up from there.. .which was around $31k.


Hardly.  

For sure, you are going to understand what's up, since you registered your forum account about a month ago, no?

It appears that you neither understand Donald Trump nor me with that kind of nonsensical assertion..  and perhaps you do not understand the WO thread either....  but believe what you would like in your lil fantastical thinkenings.    

That's fair.


He's one of those kind of guys (maybe the only one) that you are obsessed about.  Pobrecito.

 


You might wanna... but king daddy no does not care about what you wanna see.

Time to HODL I guess 

 'Bitcoin for corporations' conference?!  Cool.  HODL!

 lol Google.

 The company put out a news release via Reuters on Dec.29 announcing their intention to buy $4M BTC and another one on Jan 4th to confirm the purchase.  They made an announcement on their site about the sale but I have NFI what "sand books" would be.  Probably some type of augmented reality wish book.