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1341  Economy / Speculation / Re: BTC back to $20000 possible in 2021? on: January 02, 2021, 10:33:26 PM
I see $20k as being the same as what $800 was in late winter and spring of 2017, or what $40 was in the summer of 2013, a mythical buy-back point for bears who sold too low.

All the wishful thinking in the world is unlikely to make it come true.

Dips of that magnitude happen after bubbles break, not when they're just starting to really take off. Once we got a third of the way to the first $100k of this rally, I think we passed the point of no return.
1342  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 09:25:49 PM
Well well well. Go out shopping and come back to see we had the big correction we were all waiting for... 3 grand.

More than halfway back up already. Let the rally continue. What's a half a mil here, quarter mil there? No big deal.
1343  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 07:43:13 PM
Well this is all rather special isn’t it.

Just remember, only sell when it really works for you. This bull run has only just started, we have so much more scope for price discovery.

Quick reminder -

The mindrust indicator

10BTC he sold for $40,000 combined in March/April would now be worth $330,000.

Be smart, don’t mindrust!

I keep harping on about that:

Don't sell according to the price. Sell only when necessary.
1344  Economy / Speculation / Re: BTC back to $20000 possible in 2021? on: January 02, 2021, 07:20:17 PM
$20k from $33k would be a 40% drop... extremely unlikely this early in the bull run.

I seriously doubt we'll ever see $20k again.
1345  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 06:58:00 PM
$33333

A third of the way to $100k.
1346  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 06:48:43 PM
Just imagine how Loaded feels.

The Winklevoss twins are probably enjoying the day too.
1347  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 05:34:06 PM
Rick and I just got back from getting coffee and running a couple errands. Rick looks over at one of our tickers upon return to the house and is all like...

Rick: "HOLY SHIT ! It's over $32k man. You just made another 7 digits while we were out!"
Me: "OK. You want me to sell some more or something ?"
Rick: "Hell no. LET IT RIDE !!!"
Me: "OK." (Makes self a greyhound and continues to observe the wall)

Gentlemen.

#humble #blessed

Remember what a thrill it was to reach your first million dollars in Bitcoin? I celebrated by buying a new $1300 bass amp. Later that year I spent less than a coin to buy my first place in Mexico

Remember trying not to get upset when it bottomed out not too many months later? Keeping the resolve to HODL knowing we'd be back?

Enjoy these times. Some time in the future, earning 7 digits in a day will be old hat. We'll look back nostalgically at these exciting times when becoming rich was a novelty.
1348  Economy / Speculation / Re: another major resistance broke and the FOMO began on: January 02, 2021, 05:04:15 PM
Nothing new. Many of us have been calling this for months. The big question is how far does it go.

Among seasoned Bitcoiners, $100k is a bare minimum. That's when the party begins (although the actual physical party may have to wait due to Covid).

Many are calling for something in the $300k-$400k range. People with as few as 10 coins could be multi-millionaires.
1349  Economy / Speculation / Re: Top 20 days for Bitcoin on: January 02, 2021, 04:51:54 PM
Gee. Ya think we might make it 19 straight top days? 4 straight jackpots? LOL

Can't wait until day's end to see the final score.
1350  Economy / Speculation / Re: Bitcoin Maximalism Has Won on: January 02, 2021, 04:35:32 PM
-altcoiners are clearly near capitulation. (after capitulation usually comes reversal)

Capitulation? Reversal? Tell that to a penny mining stock shareholder whose shares have become worthless.
1351  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 04:19:59 PM
Why isn't Adam sharing this glorious moment with us?
 

I'm worried that he traded all his Bitcoin for some big-blocker shitcoins.
1352  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 03:37:43 PM
If your on a mobile it is great to see the price at a glance.

OK Makes sense.

If I'm stuck with having to use my phone, I just google bitcoin price. Same thing... small accuracy compromise for easy-to-read convenience.
1353  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 03:27:05 PM
I configure preev to use Bitstamp to watch the price.

edit:

http://preev.com/btc/usd/source:bitstamp

I see. Any reason to use it instead of any other tracking or charting site? It doesn't even seem to show the order book.

I usually use Bitcoinwisdom but I'll sometimes use Bitcointicker for a more comprehensive order book. I even still use Bitcoincharts occasionally for checking historical data.
___

In my original question I was referring to using Preev as a multi-exchange price index. Bitcoinaverage seems more comprehensive.
1354  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 03:00:23 PM
I went to bed, woke up, and now I'm a couple-few million fiat richer

1355  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 02:54:45 PM
Good morning Bitcoinland.

Another day, yet another ATH ($31584 Stamp)... currently $31222USD/$39746CAD (Bitcoinaverage).

Funny how few rocket/train/moon/fiddle memes are being posted. We all seem to realize this is just beginning.

Go Bitcoin go.
____

I'm curious about Preev. Why would anybody use it as a price reference?

I can understand noobs and shitcoiners using Coinmarketcap but why Preev?

I refer to Bitcoinaverage as a multi-exchange reference because it is used by the majority of ATM operators in Toronto. I consider it to be real-world.
Who uses Preev?

When I was buying a little fiat on Friday for my January expenses, I had a little chat with my OTC exchange connection (who uses Bitstamp) I mentioned Preev. They mentioned Coinmarketcap. We had a good laugh about it.
1356  Economy / Speculation / Re: Bitcoin Maximalism Has Won on: January 02, 2021, 02:16:07 PM
Bitcoin maxis are commonly ostracized as too toxic

All they (we?) were doing was trying to be helpful by steering noobs away from shitcoin scams.

Did you ever notice that  the most "toxic" Bitcoin maximalists are often the most experienced?

Many shitcoiners rationalized their shitcoinery by thinking that they had "missed the boat" with Bitcoin and thought they would somehow get the same returns by getting in on the ground floor with some shitcoin scam.

Others thought that Bitcoin was too expensive because they couldn't afford to buy a whole coin all at once.

It's still not to late to buy Bitcoin and see large gains.
1357  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 08:56:44 AM
Isn't the chinese new year starting out a little later than in the rest of the world?

February 12... Year of the Ox.

That's like "The Year if the Bull".... a very bullish year.

An Ox is just a castrated (i.e. Communist  Smiley ) bull.
______

@ Hairy M... Slinky?

1358  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 04:49:34 AM
Capitalizing the "C" is almost as moronic as making it into 2 words... "Bit Coin".

It's Bit Corn not Bit Coin, and it comes in shares, not satoshis.



Indeed. And we all know Prof. Mark T. Williams is no moron.  Roll Eyes
1359  Economy / Speculation / Re: Top 20 days for Bitcoin on: January 02, 2021, 03:33:16 AM
A new year, same old streak.. now up to 18 days.
1360  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 03:22:32 AM
...BitCoin...

Learn how to spell, you fucking twat... referring to you, hv_.

You have been in the bitcoin space long enough to know that only diptwats capitalize the "C" in bitcoin.. either you capitalize the "B" or you do not, the "C" is not capitalized.

I learned 8 years ago that the "B" is only capitalized when referring to the protocol or the currency as a whole. It is not capitalized when referring to an actual unit. The "S" in Satoshi is only capitalized when referring to Bitcoin's creator, not the unit.

i.e. "The smallest unit of Bitcoin is the satoshi which is one one-hundred-millionth of a bitcoin".

Capitalizing the "C" is almost as moronic as making it into 2 words... "Bit Coin".
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