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2161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2021, 09:26:21 PM
So i got those lines laid since end of last year and january-february and they seem to fit nicely. Note that they are really unprecise, but i don't give that much attention to TA other than most hardcore TA-ers, so please everybody of the latter, forgive me  Wink

I removed one and corrected the lower boundary two or three times as we went from dec. 20 until today.
Lines say: Number go up soon, yo  Grin

2162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2021, 05:51:43 PM
I bought more calls so naturally its get to the choppa time. what a joke
How about you buy some, hodl it some, and call it a month?

Haha, same here. Bought for my wife at a few dozens of dollars below yesterday's top.
It's jinxed. I can't remember* a single occasion where i didn't buy without the price dipping within an hour later.
But as a hodler, it's bothering me like a lumberjack's fart in a russian forest.
2163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2021, 06:09:54 PM
Massive pump to 75000 coming before April, you heard it here first. Once we break 60000 comfortably we will move to new highs. 2021 is the shit!

Yes, we heard it here first, but IIRC already some weeks ago  Wink

EDIT: I see support building in the low to mid €49k's. We could break $60k (€50k) comfortably today, but this would be clearly a very optimistic view.

THAT didn't age well  Cheesy
Too optimistic, as i said  Roll Eyes
No fiat to reload, wifey wanted to buy a horse, but since it turned out to be a rather lame duck, she will put the same amount into corn.
Good girl  Grin
2164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 07:51:42 PM
Massive pump to 75000 coming before April, you heard it here first. Once we break 60000 comfortably we will move to new highs. 2021 is the shit!

Yes, we heard it here first, but IIRC already some weeks ago  Wink

EDIT: I see support building in the low to mid €49k's. We could break $60k (€50k) comfortably today, but this would be clearly a very optimistic view.
2165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 07:50:32 PM
$60,000 still seemingly too tough a nut to crack. It’ll break soon enough but I wonder how long we’ll have to wait.

My lines and science and math are telling me: this weekend.
We may dump a lil under $50k $60k afterwards for a short while, though.

Nah, it's only SOMA, but it really feels like it will happen this way.

9000 all over again, told you.

Yeah.
I remember the time as "the time when my brother in law said that bitcoin will never go over $10k again"  Cheesy Cheesy
To be fair, maybe he was meaning €10k, but whatever. I was thinking somethink like HFSP!, but in a more mercyful way.
2166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 07:43:58 PM
Price going down yo!

Every time we get anything close to clear of $59,100.

Hmmmm.


Patience.
We had that before, in February.
Just wait out for the higher magnitude pump that breaks through and lifts the price to around $65k, before we get another little correction.
We're still oh-so-early  Wink

Not very early, but 'midterm', maybe, like AMZN from 2008-2010.

I meant early within the scope of this year.

That's a pretty whimpy reply, OOM.

You really believe that it is going to take much more than a week or two to get up to $65k?

Oh?

I see that you twos seem to be attempting to refer to a kind of estimation of when the top of this particular peak might be?  Or maybe you might be referring to early as in we are going to be having a few peaks before bitcoin might start to level off.

Oh now I am confused.


Not more than i usually am  Cheesy
BUT
nevertheless, i just said we're still early (in whatever "cycle") for high hops in price that frequently. I am not awaiting daily $5k pumps, more like weekly (at best) or twice a month. Later, when the FOMO kicks in like mad, the peaks will move closer together, until that point of no daily correction/dip happening on the way up, regardless how high we might get.
I am not expert enough to time the top or start of bear market in any way.

Quote
The fact of the matter does seem to be that even if a lot of normies continue to consider that they are late to bitcoin because it had peaked several times, and it is being bid up by institutions and other kinds of early adopter front runners, normies are still going to likely profit considerably even if they wait for supra $150k, they buy in at $500k or even higher prices.  Sure, none of these matters are really guaranteed, and of course, if normies buy in at the top of a cycle, then they might end up feeling a decent amount of pain for three years or perhaps even longer.. maybe even 3-7 years?  There is no guarantee that our ability to profit in every single damned 4 year period is going to continue, but just imagine if folks like Saylor, Musk, and some of the relatively BIGGER institutional players end up overhyping this particular cycle into the $1million to $3million range, which surely could cause decent chances for a longer bear market - especially because during the hype cycle (referring to our current one) a bunch of folks start to believe the nonsense about a supercycle and the end of bear markets and blah blah blah.. a lot of that other likely to be shown bullshit, then yeah, the resulting bear market could end up dragging out longer than our previously experienced bear markets that had caused no one to ever lose money so long as they at least held for 3.6 years or something like that.

Thoughts in non linear manner, which i basically like the most, are way better than their linear counterparts, which are normal.
You should have an edge with this type of multi-dimensional thinking, since economy is a complex system, where linear thinking usually doesn't work well.
We surely will have some stories to tell about bitcoin in the next years/decades  Grin Cool
2167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 04:06:06 PM
$60,000 still seemingly too tough a nut to crack. It’ll break soon enough but I wonder how long we’ll have to wait.

My lines and science and math are telling me: this weekend.
We may dump a lil under $50k $60k afterwards for a short while, though.

Nah, it's only SOMA, but it really feels like it will happen this way.
2168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 04:02:55 PM
Yesterday, a neighbour asked me if I know anything about "cryptocurrencies". A couple of years ago I would jump at the opportunity to explain to him all about it, teach him how to set up a wallet, open a Kraken account, etc. Now, I just replied "I've been reading about it, seems to be a thing. Don't know much more than that though, sorry..."

Can't be bothered anymore. It's the same old story, the more others know about you and what you can do, the more work and trouble will fall on you, because, in the end, it comes down to human nature. Everyone's looking for a free lunch, a pill the can swallow and suddenly solve their lives' problems. Well, I say "fuck you, get on your bike and work for it."

Wow I thought I’m alone in this... trust me I used to sit down with pen and paper to explain this to my seniors and peers. And most of the time it would end like “oh that’s a big bubble”...or “I didn’t get it, prove to me how Bitcoin is worth $6,000”.... “there are only 21 million bitcoins, that’s not how money works”.... and most of the time usually will stop here when they will hear “yes uncle, you need internet all the time”.

I just keep everything to myself or put it here on WO Smiley

Yup, I've definitely stopped tying to explain btc to anyone these days. It's not as if there isn't enough info on the interweb now for anbody with sufficient motivation to go and find out for themselves.

I introduced several friends to bitcoin in 2013. One invested almost immediately and hodled for a few years, cashing out most of their stash near the 2017 top. They made a tidy sum but their stash is now very small and they've largely missed out on this run.  Another friend left it far too late to buy in, and did so near the 2017 top and also bought a load of shitcoins because they "couldn't afford bitcoin".  Roll Eyes They then panic sold everything during the following bear market and made a huge loss. The other day I was disheartened to hear that the same person is now buying shitcoins again. They did at least admit that they should have listened to me properly in 2013.

So I feel like I was half successful with the first friend and completely unsuccessful with the second friend, even though the info I explained to them was identical. So my conclusion was that some people are just not ready for this and I can spend my time in better ways.

As the old saying goes, "you can lead a horse to water but you can't make it drink."

Unfortunately, some people who know I have bitcoin seem not to care for my opsec and will happily discuss the fact that I hold btc with anyone they feel like. Which is annoying, since I don't go around talking about anyone else's finances. So I am wondering how to address this issue. It didn't seem to matter many years ago that I had told a few of my friends about my btc holdings but now, at these prices, it's something I wish I hadn't done.

Anyone else in the same boat?

I was. I jumped out of it.
Everybody asking me about my bitcoin (exception: my mum), i tell them i had to sell them at the bottom to pay for the extension of our house.
I also say it was worth it, and that bitcoin is the greatest thing since the internet.
2169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 10:33:12 AM
Debunk Bitcoin waste of energy FUD: checked  Cool

That's indeed the only thing i still debate with in the face of nocoiners.
2170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 10:26:59 AM
Bitcoin is now “too important to ignore” report by Deutsche Bank.

Deutsche Bank's new research report now ranks Bitcoin as the third largest currency in circulation.


In addition to that I would like to add this...

We barely entered the fun zone... real fun begins when market cap of gold will be smashed.

[...]

It sunk in that Apple made 1/86th of the world's money by selling overpriced crap.
We're a very special species, aren't we?  

check my maths and sciences as ive not had enough coffee and assorted drugs kick in yet in but at a trillion dollar market cap and the blockchain at 360ish gigs isnt that like $2,778 USD per byte on the chain?

EDIT: If you're bored AF and up for a new challenge, set your OS to flip your display (upside down, or left to right, or both if you want to get into the danger zone)  Cheesy

maybe proudhon should check that with his (her?) superior maths and sciences brainpower?

edit prolly messed the quotes up, sorry

We already identified proudhon's science and math mistakte, he simply held the chart upside down   Grin Grin Grin
2171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 09:43:14 AM
Bitcoin is now “too important to ignore” report by Deutsche Bank.

Deutsche Bank's new research report now ranks Bitcoin as the third largest currency in circulation.


https://finance.yahoo.com/news/bitcoin-too-important-ignore-deutsche-171137750.html

In addition to that I would like to add this...

We barely entered the fun zone... real fun begins when market cap of gold will be smashed.




It sunk in that Apple made 1/86th of the world's money by selling overpriced crap.
We're a very special species, aren't we? 
2172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 09:40:05 AM
This dude almost had the same idea as me.

I was going to fart into a jar and sell it as an NFT.

https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cashing-in-on-nft-craze/



Did anybody post this yet? Sorry, I haven't been keeping up, admittedly.

Somebody beat you to the punch Elwar. Think about that, you missed out on $85.

https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cashing-in-on-nft-craze/

edit: scrolling up 3 posts I'm guessing its indeed been posted

Since you posted this arcticle following sirazimuth's reaction to this article, who was following it, you may have bent the line of events into an infinite loop  Shocked
Bitcoin going sideways. Good guy  Cool
2173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2021, 12:44:51 AM
Price going down yo!

Every time we get anything close to clear of $59,100.

Hmmmm.


Patience.
We had that before, in February.
Just wait out for the higher magnitude pump that breaks through and lifts the price to around $65k, before we get another little correction.
We're still oh-so-early  Wink

Not very early, but 'midterm', maybe, like AMZN from 2008-2010.

I meant early within the scope of this year.
2174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 19, 2021, 09:19:15 PM
Price going down yo!

Every time we get anything close to clear of $59,100.

Hmmmm.


Patience.
We had that before, in February.
Just wait out for the higher magnitude pump that breaks through and lifts the price to around $65k, before we get another little correction.
We're still oh-so-early  Wink
2175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 19, 2021, 06:02:33 PM
I've had a really fun dream last night. I am not joking, here it is: I was in my very big yacht with some friends having a champaigne party. I was kissing some girl, when I remembered I haven't checked the price for a very long time - a year may be. I started connecting the laptop with some antenas and got online. Then I saw the news that Bitcoin recently had hit $1 000 000. I got very excited remembering that I had over 5 Bitcoins kept for that occasion. But... I completely forgot my key phrase. I knew that I had another complicated method to get access to my coins from the files on the laptop, but in the excitement I couldn't remember that either. Then I noticed a green ligt in my eyes which started running as a small dot over the deck. I realized that this is a laser aim of an armed USA drone. I looked up at the sky and I saw a missile heading towards my boat. I managed to run and jump in the water and after that the boat exploded. The water was on fire which started to spread above my head. I was swimming underwater keeping my breath until I escaped the fire. Then I began to doubt that this was not real but a dream. Of course in RL I have neither millions nor a yach nor a GF. But guess what was the only thing that seemed unrealistic in this whole story? That's right - I haven't checked the price for a year!!! That's impossible! Everything else is completely legit, it can happen! That's how I know that these boating accidents are true!!!  Wink

Sorry, really hope you don't mind, but your dream was quite inspirational:

(didn't mention your username. If you hate it I will delete this post.)


Quote
Camel Toe

Completely lost it there  Cheesy Cheesy Cheesy
Thanks for the laughs!
2176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2021, 09:59:51 PM
Hey, here's a thing that came to my mind pretty often since a month or two, and finally i actually remember that i said last year, that i keep you all up with the news.
It's about my GDPR Art 13. "Right to be forgotten" request to ledger.fr, regarding deletion of all my personal data from their systems.

So i finally got an Email from Ledger, about two months after the original request, that they successfully and permanently deleted my data.

Here it is:

Quote

Hi,

Thanks for your data deletion request. We have taken appropriate steps to ensure the erasure of your personal data associated with the information you provided from our systems and relevant third-party providers.

Note that some of your personal data may be further retained by Ledger in order to comply with applicable data retention laws and other legal requirements (eg. tax and accounting requirements, fraud prevention).

Please rest assured that the protection of your personal data is of paramount importance for Ledger. Thank you for your patience and support as we continue building products and internal policies that respect your privacy.

Kind regards,

The Ledger Privacy Team


No mentioning of my Name, Email or like that in the message text. Seems legit  Cool
2177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2021, 06:55:14 PM
Bitcoin dead? For the 50000 time


 Grin Grin

The whales are milking the stimmy noobs a bit  Cheesy
2178  Economy / Speculation / Re: [WO] NFTs are good! on: March 18, 2021, 06:44:47 PM
Why are some Bitcoiners getting bent out of shape about this?  Just because NFTs run on generalized smart-contract chains,0 which Bitcoin is not?


Sure, that might be part of the reason that bitcoiners are getting worked-up.. and there is a bit of a problem with supposed rare tokens or whatever other bullshit supposedly being pegged to something to cause them to not be able to be replicated, and sure there might be some truth in that - at least in practice, but seems that a large number of bitcoiners actually realize that bitcoin is really the ONLY thing so far that has really solved the electronic duplication problem by being able to confirm such.. and so there is no other electronic or crypto currency or whatever the fuck you want to call them, such as NFT that is actually being backed up by a non-duplicability system... such as bitcoin.. in other words bitcoin is the only NFT that actually matters and is actually backed up by proof of work and other bitcoin systems that are in place... sure there could be some ways to attempt to peg other NFTs to bitcoin in order to ensure non-fungibliity.. but even that might be questionable.. and has become even more questionable when pegged to stupid ass scam smoke and mirror projects, such as ethereum... or whatever happens to be the changeable peg that is being claimed to be non-fungible.

Bitcoin had NFTs for about a decade. They're called colored coins. There was even a collectible card game created.

What am I missing. Why are people thinking NFTs are new?

Sure.. the essence of the idea is to roll it out in a kind of new way that makes it seem innovative and blah blah blah... and the ponzi scheme actually appears to be "new" when it is just another way to engage in obfuscation in order for some earlier folks to take advantage of hype and various kinds of impressions of value when actually very little (if any) exists in actual reality.. beyond dee pumpenings.

One of Bitcoin's greatest values actually is its fungibility.
When one understands Bitcoin, why does he get wound up by NFT? Could be that in the more unconscious minds of "the community" a little envy comes into play here?
Because shit tokens with shit value are hyped into billion weighting smart shitchains?
Maybe? It's just a feeling, but what i have learned about hype of this type (vaporhype?) are usually anything but long lived.

Anyway, a collectors item which you can't touch is practically worthless.
The emperors new clothes reloaded.
2179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2021, 06:36:24 PM
Hello!
In my brain is the seed code to 1 bitcoin.
Revive me and it is yours.

1. They will revive your head.
2. They will be holding a 5$ wrench.


Think about inflation!
It will be a 500.000$ wrench then  Cheesy
2180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2021, 09:53:54 AM
Things are happening, even if the price doesn't reflect it at the moment.

Quote
CEO of NYDIG, "In the next week, you'll see gamechanging milestones for #bitcoin
 adoption in the financial landscape"
Eyes

https://twitter.com/DocumentingBTC/status/1371923894043561987

Quote
Visa CEO Claims Cryptocurrencies Could Become "Extremely Mainstream"

https://u.today/visa-ceo-claims-cryptocurrencies-could-become-extremely-mainstream

Just like Covid, or Global Warming, it's boiling a while, up to the point when the pot explodes and the lid flies sky-high  Smiley
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