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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 06:44:45 PM

I hope it happens.
Something tells me it will not.
It certainly could.

Hmmm...
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 03:01:36 PM
@BitcoinMagazine
800 billion Standard Chartered says Bitcoin is expected to hit a new ATH by the weekend.

 
https://twitter.com/BitcoinMagazine/status/1793560294670905615

Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Won’t Believe The Timeline


Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline.

Bitcoin Poised To Reach New All-Time Highs

Geoff Kendrick, Head of EM FX Research, West and Crypto Research, Standard Chartered, has made a bullish prediction for Bitcoin, the world’s largest cryptocurrency. In an email to TheBlock, Kendrick stated that Bitcoin is poised to break out of its previous all-time high on March 14, 2024, to witness a massive surge to approximately $73,798.

The analyst has projected a rather grandiose timeline for this bullish rally, expecting Bitcoin to hit the forecasted price target by the weekend. Kendrick attributed this potential price increase to the recent inflows into Spot Bitcoin ETFs.

Earlier on May 21, data from Farside investors indicated that Spot Bitcoin ETFs had recorded their best inflow week in the last two months. The digital asset saw over $305.7 million in inflows, with BlackRock’s Bitcoin Trust ETF (IBIT), amassing the largest inflows of $290 million.

Cumulatively, Spot Bitcoin ETFs have recorded inflows of more than $13 billion from its launch on January 11 to the present. This increased demand and influx of capital which had been a major contributor to Bitcoin’s previous rise to a new all-time high in March, could propel fresh surges for the cryptocurrency.

Kendrick has also disclosed that the possible approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could have a significant impact on Bitcoin’s price dynamics. The analyst has doubled down on his previous price prediction which anticipates Bitcoin’s rise to $150,000 by the end of 2024 and a whopping $200,000 increase in 2025.

https://www.tradingview.com/news/newsbtc:9207f85ab094b:0-standard-chartered-analyst-says-bitcoin-is-set-for-a-new-ath-above-73-700-you-won-t-believe-the-timeline/


 xhomerx10 reads clickbait article - you won't believe the inaccuracies!

 I've read through that article until my brain hurt.  While it appears to be written in English, it's difficult to make sense of it and I fail to see where anyone predicts an ATH by the weekend (any weekend for that matter).  Perhaps the "journalist's" handle is "The Weekend" and headline was supposed to read:

800 billion Standard Chartered says Bitcoin is expected to hit a new ATH
by The Weekend

 or... maybe I need to take my meds.

Just one more poorly written "BTC price prediction" article.

Quote
[...]

The analyst has projected a rather grandiose timeline for this bullish rally, expecting Bitcoin to hit the forecasted price target by the weekend.

[...]

Considering the date of the article being May 22, 2024, technically it does mention ATH this coming weekend.

I hope it happens.
It certainly could.
Something tells me it won't.

Edit: hey. this can be a haiku!

I hope it happens.
Something tells me it will not.
It certainly could.

#replyku
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 01:17:08 PM
Did something happen to Bitstamp TradeView?

https://www.bitstamp.net/market/tradeview/

I get an empty white area with an empty black bar instead of a chart...

Where do you get your Bitstamp charts from? No, ChartBuddy doesn't count.

 Hmmmm... it's working for me.
 I normally use:
  https://bitcoinwisdom.io/markets/bitstamp/btcusd
 for no particular reason - just out of habit I guess.


Very clean layout, and no registration. I like it.

Thanks.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 09:20:39 AM
Did something happen to Bitstamp TradeView?

https://www.bitstamp.net/market/tradeview/

I get an empty white area with an empty black bar instead of a chart...

Where do you get your Bitstamp charts from? No, ChartBuddy doesn't count.

Huh? I got mine from Tradingview. No glitches so far.

I feel so dumb now... For some reason I've always gotten it from the above link (via Bitstamp's site)...

TradingView works fine, thanks.

Edit: just got a registration pop-up! I guess that's why I wasn't using TradingView. Looks like it's free for simple viewing, but still needs an email to register.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 08:57:08 AM
Did something happen to Bitstamp TradeView?

https://www.bitstamp.net/market/tradeview/

I get an empty white area with an empty black bar instead of a chart...

Where do you get your Bitstamp charts from? No, ChartBuddy doesn't count.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2024, 07:51:37 PM
Missing the chopper...

For me, lasers come on when we exceed $100k.

Probably soon.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2024, 04:27:27 PM
Numbers are holding I am thinking we move over 75k on weds morning while I am sleeping.

Looking at the chart now, only proudhon can make it happen. Will see...
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2024, 05:12:32 PM
Cornabis turning green again!
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2024, 05:02:49 PM
I hope Phil has already sold his silver...
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2024, 06:17:06 AM
Apropos, update on the "cornabis":

Thanks everyone for your help and advice!
The leaves are no longer yellow! The leaves have now become invisible. Because somebody stole both plants.

Damn it, man! Looks like cornabis was not meant to be...

Your post was funny though. Reminded me of this song.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2024, 09:48:58 PM
Pizzas, pads, goggles.
Don't know what I'm on about?
You must be new here...

Weed turning yellow?
What could it possibly mean?
A cornabis plant!

Thread's new betting game.
ChartBuddy's price up or down.
Don't be like Laura!

Bitcoin chart ain't green?
Add some spice to your cuisine.
Ramen au gratin!

Phil selling his mine...
How did it all come to this?
Halving and old age?

Observers travel,
Under Homer's watchful eye.
Sherlock would be proud!

It's so nice to see,
The thread blooming and active,
Haikuing away...

#7wodigestsundayhaikus
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2024, 01:38:43 PM
Bitcoin's price soars high,
Green candles light up the sky,
Fortunes multiply.

Excellent!
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2024, 03:20:04 PM
Hey buddy do you think I should cash out today and just walk away from this all?

Some days I just feel like cashing out and walking away from all this.

For some reason I feel this way today.

 Don't do it philipma1957!  That feeling only shows how close we are to reaching new levels.  I almost did that the first time China banned bitcoin - luckily I was boarding a plane and only had access to what little I had on the exchange at the time.  I sold it while sitting in the lounge and frantically tried to buy it back while sitting in the plane waiting for takeoff (and before I lost my connection for ~9 hours) when I realized my error.   Through sheer luck I bought it all back, caught the bounce and made a few hundred bucks in extra sats but as I know now, it would have been financially devastating in the longer term to sell it all back then.

  Do you need all that fiat right now? 

A similar thing happened to me around New Year's Day 2017. Price dumped from $1200 down to $700, can't remember exactly. But it dumped. I was staying at my cousin's house for a few days and away from PC, wanted to drive back and log-in to sell some. She saved me from selling precious corn. She's a coiner now (joined much later though)!

As for Philip, old age, maybe?

Don't do it man !!!
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2024, 07:44:36 PM
This Sunday's rhyming haikus, made with love, for your reading pleasure.
Enjoy!



Disputes over rhymes,
Can lead to poetry crimes.
It happens sometimes...

Symmetries and laws.
A moment of awe and pause.
The universe knows!

Sun flares far away,
Create an awesome display,
In night skies of May.

Now, back to Bitcoin.
Can you not see where it's goin'?
There's still time to join!

That dump was for ants.
You know better than those cunts.
Don't pull down your pants!

Just buy when you can.
Don't hesitate, be a man.
Send, buy, withdraw, done!

Girl students aim high.
They want to know how to buy.
Supergirls just fly!

#7wodigestsundayhaikus
#haikusthatrhyme
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2024, 08:38:32 AM
Candidate for the most off-topic post in WO follows — you have been warned!

For anyone interested in physics, watch this 16-minute video:

The Symmetries of the Universe
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2024, 05:02:47 PM
[...]

In green and red FLAMES. For 5 minutes it was the most stunning thing. Then gone.

Yes, green and red. I see this every day since 2015.

Just Google "btc/usd bitstamp tradingview"

And it's never gone.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2024, 07:23:03 PM
Almost

3 3 3 3 3
Though the Dude is not screaming.
For page parity.


Times have been different.

I remember the days when page parity was only a dream.

I should slap myself in the face for feeling a bit deflated about the price slowly ranging back down towards 60k again. Hopefully we are just consolidating in a tight range for a while before breaking out and hitting new all time highs in the summer.


Future LFC post:

Quote
I remember the days when post parity was only a dream...

Soon, guys, soon.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2024, 07:16:29 PM
I've been stalking this
It's the number of the beast
Times thousand-and-one

#haiku



And some relevant music from my childhood:

Iron Maiden — Powerslave

Man, this song sounds surprisingly beautiful after 40 years...
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2024, 03:17:07 AM

How stupid must one be to end up like this?

Darwin at work here... One less. (and one less Lambo too...)

Keep stackin' guys 'n' gals!

To end up like this...
Darwin at work here - One less!
How stupid are they?

#haiku
#found_haiku


That's really nice man, thanks!
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2024, 10:40:59 PM
I just had an interesting conversation with some 20-something year olds about Bitcoin.  They told me that it is a scam, it's not real money, there's no reason to own it, etc...  I was actually pretty surprised because they looked like just the type of folks who would be embracing crypto.  I then asked them what they thought of the Cybertruck and they told me that it was ugly and the only electric cars worth buying are from Lucid Motors.  They then proceeded to tell me that what I should be doing is finding ways to get the lowest interest loans possible to use that capital for investments and offered to help me finance my house.  I wish I was joking, but this is 100% a true story.  Reminded me of the Ohio State graduation video that's going around.  Is Bitcoin just for boomers now?

Several years ago (before the 2017 peak) I did a similar thing with some of my students. I even gave $1 worth of BTC to each of those interested, by setting up wallets on their phones. Males were mostly dismissive and didn't care much. Females were generally more interested, and flocked around me to set up wallets.

Since then (especially during/after the 2021 peak) I have received a few calls from some of those students, telling me that their $1 had become $30, and asking how they (and their dads!) could buy more... LOL!

I hope some of them (in your case and mine) got something out of our "Bitcoin education", and ended up coiners... Based on your story and the OSU graduation video, it seems that there's still a long way to go. It's quite disappointing really...
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