Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8109. (Read 26713256 times)

Actually, I don't know where I can buy tether with Fiat where I can deposit via wire transfer in the U.S?

Seems like Gemini, coinbase don't support tether. Is there any other option?

So you know where you can buy what you want and how. What is the question?

Guys,

Excuse my ignorance on this matter but is there a website that I can deposit fiat via wire transfer and can purchase some tether from the U.S?

It seems like I can only do BTC to Tether but any way I can get fiat to USDT?

Thanks a lot.

A PSA that should probably not be buried in WO:  Stop measuring value in dollars!

Those of you who do TA and dataporn, do you have any good intelligence on the value of the dollar, in purchase-power terms?  I don’t mean today; I mean tomorrow; I don’t mean the next day, either.  Every sane person has known for a very long time that the dollar must collapse someday; but trying to predict when is like trying to predict the fall of the Roman Empire when you are living in it at some undermined point between c. A.D. 300–400... or is it later than I think?

Flip the axes on your BTC-USD trading charts, re-run your algorithms with the variables swapped, and see what that tells you—to start with.  What is the dollar’s trend against Bitcoin?

As a rule of thumb, I measure fiat currency value by how many $/€/etc. an ounce of gold will purchase.  Not vice versa.  Flip your thinking, because your thinking is upside-down.  I also try to track the fiat/BTC price:  What is the value of government-issued official trading stamps, as measured in Bitcoin today?  However, that only works to avoid being a sheep getting sheared in the markets due to mismeasures of value, plus for long-term predictions, e.g.:  The dollar loses value.  Whoopie, I’m a genius.


Damn, well said.

Note that all of the above assumes the continued existence of the Internet—and all the Internet’s massive dependency chain of fragile infrastructure.  If that assumption holds true, then I rate Bitcoin a strong buy without even trying to time the bottom.  If not, then moving your assets to toilet paper is not exactly helpful.  The creation of money out of thin air is a tool for shearing sheep by draining value from their possession.


There is no single person in charge.  This is the problem with “conspiracy theorists” (not calling you that—it’s just a good segue for an important point).  Everybody who knows how the world actually works, knows that it is run by the sum of vectors of competing interests.  Of course, people with the same interests will collude much as they can, and try to avoid announcing their plans to their competitors.  In that sense, the world is run by “conspiracies”, and always has been; but that is just Real Life 101.

In all significantly powerful countries, the ruling classes have been in headless-chicken mode for a very long time—ever since they converted themselves from aristocracies to industrial capitalist plutocracies.  They painted themselves into a corner:  They are dependent on the dollar scam, the Euro scam, the stock market scam, etc., etc.  They are not only using it to trap you:  They are trapped, too, and trapped worst of all.  “Too big to fail.”  Building dynasties on the foundation of what is effectually the biggest Ponzi scheme in recorded history was not exactly wise.

Thus indeed, no sane person is in charge.  No single person or monolithic organization is in charge; and the various competing groups in power are all totally insane.  We are now enjoying the sum of competing vectors of insanity.  Lulz.

It's cool to own some as a hedge, but I have way more invested in Bitcoin because I believe BTC will continue to outperform PM's as a store of value.

Actually Bitcoiners should be thanking their stars that this isn't Nov/Dec 2017, and WS traders aren't invested/trading in this market as much as back then. Or this drop would be WAAAYY worse than it has been (think like a 98% retrace from $19K)

+100 of whatever merits you want

We are now officially in a liquidity trap.
https://www.forbes.com/sites/rogerhuang/2020/03/15/the-fed-is-close-to-a-liquidity-trap-what-does-that-mean-for-cryptocurrencies/#198ad4137f16

Would honestly love to own physical gold & silver, purely for the ‘being in awe’ , magpie, shiny, shiny type hypnosis of it but not at the expense of buying corn.

It's actually in the buy zone for me. But ironically, no one can get silver at spot right now, the silver vendors have made sure of that with a high premium.

Good morning Bitcoinland.

This morning's stock futures plunge sparked another dip down under $4.5k but we're back up over $5k... currently $5015USD/$7002CAD (Bitcoinaverage).

Hopefully those who panic sold a few days ago had enough sense to buy back in and not fall prey to the Kwuk/Roach syndrome of expecting a deeper dip.
____

Perhaps there should be a 3rd option in the poll:

- Coronavirus
- Bitcoin
- Panic

All technical analysis is out the window in a "black swan" event like this. The bears were and still are wrong. They just got lucky there was a global event that helped them out.

Bitcoin crashed because the wall street types dumped it to cover margin calls on their other crap. They are dumping everything to prop up their leveraged garbage. Bitcoin held up pretty well given the payouts it had to make.

There is still ongoing daily demand for bitcoin and the daily supply is still getting cut in half very shortly. Everyone who dumped will still have to buy back in once they get their shit together. Don't give it back to them so easily!

Most bet that Bitcoin will continue to fall, but the market always shows the opposite of what the masses think, in every crisis there is a very good opportunity that very few see, and in Bitcoin there is now a great investment opportunity.




Twitter: https://twitter.com/BTC_JackSparrow/status/1239133425790930950

 And “Crypto Trader Digest” newsletter:


Source: https://www.newsbtc.com/2020/03/16/scarily-accurate-fractal-bitcoin-will-trade-20000-q1-2021/

Its just a chart, not his 100% solid belief (nor the absolutely certain future).

You, Sir, need to close that lid, step out and enjoy the sun for a while 

No way this is happening... he got lucky with his last prediction ok (although not completely he promised down and then up) but it was pure luck. He's using this luck to bring BTC lower by posting these BS charts. This guy is just bitter and wants to restock for cheap. He hopes for 3 digit prices as he admitted he sold everything and is now broke. I'm sure if this chart will appear to be correct somehow (very unlikely) he will publish the next one with a target of say $200.    What a jerk!   

Forgot to reply yesterday (too drunk, housemates birthday ) but please NEVER apologize for posting your charts or ideas in this thread - especially if I disagree with it. There is little to no benefit in everyone believing the same thing will happen, especially when a majority are usually wrong.

For example, while me and exstasie disagreed a lot in the recent past during the mini-bull (dead cat bounce) last year, this was beneficial because we could both benefit from each others alternative perspectives when shared. In the past few months, we have been sharing the same opinions a lot more often, and therefore the only benefit is seeing the same picture from a slightly different angle - therefore there is almost no benefit to either of us for this, or anyone else for that matter, as it only entrenches our own perspectives further.

Hence, often a don't have a response to exstasie's TA, because all I would have to say is "I agree, thanks for sharing", which I find better said with merit than words.

TL:DR: Please continue posting your charts and opinions, especially if they contradict my opinions  

Recovery in progress.

https://bitcointalksearch.org/topic/m.54037172

P&S

Where is the paashaas update @?