Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[wachtwoord]

Hard to read in the image. HMA80 and HMA55 is it? Why these two? What does the H stand for?

[bitserve]

The World Wide Web turns 30 today. That means it took the internet 30 years to get to where it is today. Bitcoin is only 10 years old.

https://twitter.com/redditbtc/status/1105359845639815168?s=21

In fact Internet is way older than that. It is just WWW what is 30 years old. Maybe the fair comparison would be with LN... which is less than two years old.

Either way, yeah, it will need time... but not that much, because tech adoption is way faster in this age.

[Last of the V8s]

New 50p piece has a black hole in it. Pretty - and prescient.

[Last of the V8s]

^ worth 1% less since posting that

[BTCMILLIONAIRE]

The World Wide Web turns 30 today. That means it took the internet 30 years to get to where it is today. Bitcoin is only 10 years old.

https://twitter.com/redditbtc/status/1105359845639815168?s=21

In fact Internet is way older than that. It is just WWW what is 30 years old. Maybe the fair comparison would be with LN... which is less than two years old.

Either way, yeah, it will need time... but not that much, because tech adoption is way faster in this age.

The internet didn't disrupt the fiat system in the process though. So while adoption is accelerated by the internet, the fact that we're going up against a real beast could dampen the acceleration a bit (as compared to other technological advances). On the other hand, the internet didn't offer generous financial rewards to believers, which implies an acceleration. Who knows what the net result of all effects becomes. Can't wait to see how this plays out.

Haven't been this excited about emerging tech since the Nintendo sixty fouuuuuuuuuuur and the internet itself. Although I know that I'll become incontinent once we start taking the last steps towards general AI, and not because of age.



Memo to self: Stop meriting legendaries.

[vroom]

Haven't been this excited about emerging tech since the Nintendo sixty fouuuuuuuuuuur and the internet itself.

Oh come on, you can not compare the nintendo 64 with the internet, that is blasphemy

[BTCMILLIONAIRE]

Haven't been this excited about emerging tech since the Nintendo sixty fouuuuuuuuuuur and the internet itself.

Oh come on, you can not compare the nintendo 64 with the internet, that is blasphemy

Not saying they're of equal magnitude or implication. Just stating that both equally excited me.

[Last of the V8s]

Memo to self: Stop meriting legendaries.

But we needs it

[fillippone]

Americans now have more than $4 trillion of collective debt for the first time in history.

$4,000,000,000,000

At some point, the bubble will pop....

via Imgflip Meme Generator

Americans will need to buy bitcoin to pay their debt.
^
More country’s Will

https://twitter.com/apompliano/status/1105285906532061184?s=21

Dotting the i's and crossing the t's.

That impressive figures are without mortgages.
With mortgage included the figure is closing to an astonishing USD 14T!

... total household debt increased by $32 billion (0.2%) to $13.54 trillion in the fourth quarter of 2018

https://www.newyorkfed.org/newsevents/news/research/2019/20190212




It is also noteworthy to know what it inside that debt:


Do you want to be really scared?
Check this out:
US NATIONAL DEBT CLOCK : USD 22 TRILLIONS. DEBT PER CITIZEN: USD 67,000
and counting...

That is the debt of the government (federal + local g's) of the USA, compared to the first one, that is private debt.

http://www.usdebtclock.org/

[Karartma1]

Sleeping & Dreaming

[El duderino_]

via Imgflip Meme Generator

[nutildah]

How's Bohol treating you Mic? I'm getting antsy, I'm afraid your beach pictures made me jealous -- will probably do some exploring tomorrow. Run into any other Belgians in your travels?

[StartupAnalyst]

https://i.imgflip.com/2vtxyt.jpg

[Syke]

... total household debt increased by $32 billion (0.2%) to $13.54 trillion in the fourth quarter of 2018

Everyone is drowning in debt because people aren't being paid for what they produce. Time to tax the billionaires.

[El duderino_]

How's Bohol treating you Mic? I'm getting antsy, I'm afraid your beach pictures made me jealous -- will probably do some exploring tomorrow. Run into any other Belgians in your travels?

Into much Holland people (but that was on the 3-day travel) for the rest not to much interaction with other holliday peeps..... been so busy
Today drive whole the island... tarsier sanctuary, bee Farm, chocolate Hills .... always on the way
(But heeeey don’t remove me from your trust list )

But no, bohol and Philippine people are awesome

Go explore my WO-brother

[Last of the V8s]

Sleeping & Dreaming

sup bro

[El duderino_]

Sleeping & Dreaming

Very sweet ——> the awesome life

Join us more

[El duderino_]

Classic moment, i order a cocktail my GF something NEW

After Arrival of them

I have to drink hers cause its too strong of taste (@r0ach ——> those womans )

[Last of the V8s]

hodl?
hodl!

[fillippone]

... total household debt increased by $32 billion (0.2%) to $13.54 trillion in the fourth quarter of 2018

Everyone is drowning in debt because people aren't being paid for what they produce. Time to tax the billionaires.

Or, putting it in another way, the rise in productivity hasn't been driven by worker, but by machinery, that haven't been taxed properly.
Of course you cannot tax a machine, but you can tax the owner of such machine, or capital: the corporations.
BUT guess what happened to corporate tax in the U.S. in the last decades?
So, no, taxing the billionaires is not the right way to do so.