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

[VB1001]

"Mt. Gox Trustee Announces Creditors Received Decisions Over Rehabilitation Claims"

Nobuaki Kobayashi, trustee of the notorious Japanese Bitcoin (BTC) exchange Mt. Gox, has announced Wednesday,
April 3, that all creditors who had filed rehabilitation claims have received decisions.

https://cointelegraph.com/news/mt-gox-trustee-announces-creditors-received-decisions-over-rehabilitation-claims

[plasticAiredale]

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Looks like it will be quite simple to climb that ladder in the middle of the dam there. 

Login CAPTCHA: traffic lights

[Paashaas]

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/

[infofront]

Whoa. You have to be luck to intercept deep thought posts in WO, where it get quickly devoured in memes and one liners. I’m going to cross reference it in my monthly post to scan for good analysis..

Thanks. Your analyses have been excellent and very comprehensive BTW.

This chart would suggest price is likely to stay around $4k (=/- 1k) until June 2020.

I would guess that is not a popular view. Most posters would refuse to believe it.

I know you've posted about this a few time before, but can you give a quick rundown as to your rationale?

[JimboToronto]

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/

The guy's a billionaire and he's taking a mortgage?

[BitcoinGirl.Club]

Lucky girl hehe:D

let's wait for Mrs LFC and Mrs Mic perspective also.

@Pamoldar you can ask to Bhabhi ji also

She knows I love her a bit less than bitcoins and she is okay with it 😛

[Toxic2040]

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Able company in a historical action shot. Please return the the archives when finished. DO NOT BURN

[xhomerx10]

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/

The guy's a billionaire and he's taking a mortgage?

 Shhhh!  He's causing more fiat to be printed thereby increasing our Bitcoin value.  Don't tell him about the compound interest!

[BitcoinGirl.Club]

My GF knows I wouldn't hesitate to do that if she suggested selling even *HER* Bitcoins. (*)


(*) After the last bubble "fiasco", I gave her permission to start trying to convince me above a certain (undisclosed) future price though.

Lucky girl hehe:D

let's wait for Mrs LFC and Mrs Mic perspective also.

@Pamoldar you can ask to Bhabhi ji also

I always have difficulties remembering when I had my first BTC’s but it was @350-ish right in front of the BULLrun (the one introduced me to BTC “told the story many times...https://asktom.cf/index.php?topic=2827596.msg50321842#msg50321842” was in around or just in front mtGox...”)
He kept accumulating etc all the time and when he met me properly he introduced me and my GF to BTC and we jumped on it with not to much thinking, I was lucky cause I won the first pieces easily and thats just a good start with something that was unknown for me....

To make it short that game grew out as one of my better friends and my GF end up working in his BTC-related business ....

She was lucky and really bought them on the cheap and did HODLed it all the way till today, with no selling intentions ..... i’m a very lucky Guy that we have similar thought on this matter, cause I can guess in a bearmarket its not easy with all other couples....

+2 WO merit.
One for you and another for your girl friend 🙂
Also tell her that I thanked her to believe in bitcoins.

[jbreher]

Do you think that these neato 4-year cycles would continue forever?

Nope. Only until the world at large has an understanding of how to use Bitcoin.

[BitcoinGirl.Club]

My gf was moaning throughout most of 2018 telling me I’d thrown away the chance for us to be rich. She was upset & cried a lot to be honest
She said bitcoin is dead & I threw away X amount of money etc but I told her this is how it goes, a normal cycle.

Now she’s checking the price 10 times a day again, telling me to buy all the time.

Fucking women hey

LOL
Thank God that she relaized the potential finally.

[El duderino_]

+2 WO merit.
One for you and another for your girl friend
Also tell her that I thanked her to believe in bitcoins.

haha THX
btw she has her own account here
biu she isn't that active as me.... and she can handle herself pretty good in BTC-world

[infofront]

My GF knows I wouldn't hesitate to do that if she suggested selling even *HER* Bitcoins. (*)


(*) After the last bubble "fiasco", I gave her permission to start trying to convince me above a certain (undisclosed) future price though.

Lucky girl hehe:D

let's wait for Mrs LFC and Mrs Mic perspective also.

@Pamoldar you can ask to Bhabhi ji also

My gf was moaning throughout most of 2018 telling me I’d thrown away the chance for us to be rich. She was upset & cried a lot to be honest
She said bitcoin is dead & I threw away X amount of money etc but I told her this is how it goes, a normal cycle.

Now she’s checking the price 10 times a day again, telling me to buy all the time.

Fucking women hey

Mrs. Infofront has been bugging me for years about using my corn to upgrade from our small, 950 sq. ft. house.
Sorry honey. Daddy has a very low time preference.

[El duderino_]

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Able company in a historical action shot. Please return the the archives when finished. DO NOT BURN

don't put me on the lower ranges when their are prices on the PIC

who is that second one on the low with no HAT?
and the BTCpenny HAT, good to see it here forgot to put it in my collection

[Paashaas]

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/

The guy's a billionaire and he's taking a mortgage?

 Shhhh!  He's causing more fiat to be printed thereby increasing our Bitcoin value.  Don't tell him about the compound interest!

It is cheaper to take a mortage than paying the full price directly, even for a billionaire

[BitcoinGirl.Club]

My wife isn't bad at all with btc and just trust me. Now my parents are different, my mom told me to sell everything at $250.

I don't see much difference in between your mom and Warren Buffett 🤣
Both old school.

[jbreher]

Still unanswered: How LN is going to help when Layer 1 is already clogged to the point of uselessness.

We will cross that bridge when we get there.  

If this price pump continues, we could get there next week. Unfortunately, there is no solution on the horizon under discussion.

And, get the fuck out of here with your exaggeration that there is no plan in BTC..

OK, JJG. Tell me what the plan is to deal with the fact that once blocks are persistently full, then average fees rise uncontrollably, average wait times raise uncontrollably, LN channel openings and closings get economically prohibitive, and number of new entrants gets hard-capped.

What is the plan, JJG - what is the plan?

[BitcoinGirl.Club]

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Very soon we will see this,

[jojo69]

whoa

Am I bottoming for Bob there?

[jbreher]

Serious @jbreher, I've never seen somebody be such a vicious asshole and so wrong at the same time. And that's saying a lot for this place.

His whole premise is nobody will use bitcoin because its too crowded. That's just plain fucking stupid.

No, my whole premise is that the number of people who will be able to use BTC is hard-capped by the block size. I've been absolutely clear about this for years now. And you're so blinded by dogma that you can't even read what I am actually typing.

The number of people who will be able to use BTC is hard-capped at a ludicrously low number. Those unable to get in will go elsewhere. If for no other reason, because they have no other choice.