Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9381. (Read 26710643 times)

i guess we will see a decoupling from Finex prices to real dollar exchanges.

For sure, I understand and appreciate that some people are going to have a lot more obstacles in terms of access.  I will even agree that I have been a bit spoiled myself in terms of my access to banking avenues in which I was able to acquire a decent number of my earlier bitcoins through bank connected accounts, Coinbase, Circle, Gemini, Uphold... and maybe some others.

So, yeah, there might be some very difficult obstacles - yet at the same time, some people (such as the unbanked) are also used to having to jump through a bunch of additional hoops just to be able to get access to any kinds of services that resemble services that people in the west take for granted.


And, yeah that kind of "out of touchness" would not be limited to poor (or unbanked) people.


Actually, some of those people might be jumping onboard BTC after BTC surpasses $100k or even $1million because they will realize that it is the thing that "everyone else" is doing, and also, perhaps the thing that they need to do in order to get access to certain kinds of good, services (and perhaps even discounts).

Some birdies told me: it's the mining industry.
They also said 10k will be defended until all the new miner hardware is sold.
When i look at that hashrate...
otherwise lacks any proof and smells like conspiracy theory FUD to me.

does Finex try and hold 10k alone ?

I think PlanB has a lot of security:



Although I think that 2020 will be a total explosion that the market will have, it will be full of many news, wherever its nature is good or bad, the market will have more demand, thus generating a sustained increase in price coupled with the bullish trend.

Point is, the poor lack precisely the advantages you list, though "character" gets problematic.

What this has to do with you -- you gratuitously aggressive empty fucking suit, JJG -- is that you are the one that put the silly challenge to me to begin with. Ex post facto, no less. I take full ownership of my beliefs. I am also capable of having perfectly happy interactions with people who hold differing views that do I. As long as they remain civil as well. Something you are apparently unable to even aspire to.

Oh, you mean THESE people.
100% correct.

I was meaning the people that would likely value the idea and potential of bitcoin, but just can't get hold of coins like we, and also average joe from the neighborhood could.
Ignorance, on the other hand, is a whole different story.

Also, many people are slaves to media, which just hammers them to consume rather than invest. 24/7
When i look around in my environment, i see many people that could afford investments show off their newly acquired shit, while i began to offload many of my belongings and started investing in BTC. If they knew, they would even call me an idiot. This kind of people can't be taught. They define themselves by what they buy and consume.

Well, we know that there are all kinds of dumb fucks out there who do not appreciate the value of bitcoin, and they need not be poor in order to be dumb fucks about seeing the value of either bitcoin or investing in bitcoin.  I don't think that anyone, even a BTC enthusiast, should go out of their way to attempt to convince people that bitcoin is for their own good.  They can figure out a plan to buy some or NOT.  Bitcoin is not going to give two shits about whether the poor get into bitcoin or not, so if they fail/refuse to spend enough time to recognize and appreciate the value of investing into bitcoin, then there is only so much any of us can do to lead those horses to water and they chose not to drink.

So, of course, I understand that there are a large number of people who are neither going to recognize or to appreciate the value of bitcoin, but it is not our job to spend time trying to persuade them, perhaps beyond just pointing out to them that their is an opportunity in bitcoin that they can look into in the event that they would like to attempt to pull themselves up by their bootstraps in a time-deferred manner rather than merely seeing the world through immediate gratification and immediate needs.  That is on them in terms of failure and/or refusal to look into the matter further, not you, especially once we have pointed out such an option (namely bitcoin) to them.

When you look at the past of Bitcoin, yes. And you can expect continuation, yes.
Remember, we're geeks (at least i am), but the majority of the poor is fighting to survive each day. Nobody of these people have the tools and abilities to gain knowledge about and also to aquire bitcoins. Neither they have the education to understand or gain access to knowledge. When you'd give most people a paper wallet with a coin in it, they would laugh at you and yell that the paper can't buy food for them.
The power of Fiat. I doubt anything can break it, in near-future terms.
In Africa, most poor elevated their wealth just because of CELLPHONES and this trend continues. I consider this at least the start of possibilities to bring bitcoin to (former) poor people.


EDIT: Maybe i'm way off topic, it's somehow hard to stay focused today, for various exhausting reasons. It's also harder for me to "think english", possibly my post doesn't make any sense in regard of the current discussion. Back to read-only mode for today...

What the fuck do I have to do with this, jbreher?  You are the fucking bcash SV shill/troll (believer), not me.  Don't you have to take responsibility for your own stupid-ass beliefs rather than trying to cop out by saying that someone else put you up to asking about their views on the bcash SV matter?

What you say is true, makrospex; however, we don't participate in threads like this in order to emphasize some kind of inevitability in our station (however humble our station might be), right?

Wouldn't you conclude that BTC provides many more options to many more peeps, in terms of investment opportunities than other traditional avenues of investment?

Of course, no one here should be suggesting that peeps not food and shelter themselves prior to investing, yet if anyone wants to attempt to improve their lot in life, they should be attempting to make some efforts, even if that is ONLY the ability to muster up $5 per month to invest in bitcoin.  In the long run, if they can hold and build their investment for at least 5 years, they are going to likely profit from such investment into BTC strategy, even if what they are able to successfully carry out is merely a very modest investment strategy.  Right?

Oh you are so god damned original, fatty.  I am besides myself with the level of your brilliance.

You are probably the amongst the first of WO members to actually come up with the "ignore JJG" solution.  And, good on you to publicly share your great idea in order that you can inspire other like-minded WO regulars to "benefit" from such innovative employment of a tool with which this forum empowers you ladies.

You fucking (dis)ingenuous troll twat.   

 

Nope. I don't need to press the point to know Trace is a BTC maximalist. Caitlin OTOH seems more open to other than such dogmatic views. But she has her hands full this week in putting on this event, while steering the WY legislature to world-leading laws governing crypto.

Though if we hit a lull in the conversation while in a social setting, I'll make sure to let them know you personally are interested in such triviality.

I think its more about fear of losing what little money you have, if you don't know how to invest it because you don't have such experience. So you just kind of stay away from anything new and let what little money you have earned go stale under your mattress.

You could invest 1k in bitcoin this year and come out with 2k as soon as the end of the year perhaps. But most people are too afraid.

There is more;

From my experiences, I can tell, getting rich is like riding a bike.

It is all muscle memory.

First time is the hardest. Once you succeed it, you can go to zero and get back to where you were before much quicker than before.

*Now I remember there was a saying something like;

"The first million you earned is the hardest..."

Might be related to that.

It's statistically proven, that people who gain the most profit on earth are also the wealthiest ones.
Poor people have many times less chances to make profit, because they have to spend all their money for basic needs (food, home, mobility).
There's just nothing left to invest.

undervalued


Right there with ya.



That was a great read. Thx

I would not say so. I could go flat out broke today and I would still have skills, experience, character and a university degree. So compared to someone without any education or experience, relativistically speaking, I'd be back on my feet much sooner. $0 in my pockets would be a short-lived inconvenience, at most.

back reading WO
til that triangle resolves
how long will it take?

good evening #haiku @ $10.001