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961  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2021, 01:39:32 PM
'Doubling yearly' sounds good. I'm OK with that. Smiley

Doubling every year (100% up) is not only good, it's excellent. It may seem a little bearish for 2021, but it's a great performance in the long run, and one I'm also perfectly OK with:

End of:
2020 — $30k
2021 — $60k
2022 — $120k
2023 — $240k
2024 — $480k
2025 — $960k   <--- sat/¢ parity (1 BTC = $1M) by end of 2025
2026 — $1.9M

This is half of Saylor's 200% up (4x) prediction, which goes like this:

End of:
2020 — $30k
2021 — $120k
2022 — $480k
2023 — $1.9M   <--- sat/¢ parity (1 BTC = $1M) by mid-2023
2024 — $7,7M
2025 — $31M
2026 — $123M

I don't really believe in steady progressions like either one of the above. The reality will be much more unpredictable, but it is near-certain that the trend will be positive. I'm expecting to see 6-figure prices this year, and sat/¢ parity (1 BTC = $1M) by 2024/2025, complete with the usual and expected pumps 'n' dumps. Guaranteed $1M+/coin prices that one can depend on should take a little bit more time, but we'll get there.

HoDL.

Sounds god damn awesome to me.
962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2021, 11:58:55 AM
If you trust in Bitcoin you don't need to trust any one else... These conventional media outlets runs on "yellow journalism". No facts no realities just sickening headlines to catch people's attention.

This was on my timeline today three news from big and kinda authentic outlets with 180 degree views

1.
The timing of bitcoin crossing $1 million is the big question.
https://finance.yahoo.com/news/bitcoin-will-eventually-hit-1-million-dollars-a-coin-coin-desk-editor-predicts-172810294.html

2.
Bitcoin could slide to $40,000 after falling below a key technical level, crypto exchange boss says
https://markets.businessinsider.com/currencies/news/bitcoin-price-outlook-fall-technical-analysis-cryptocurrencies-ether-dogecoin-2021-5-1030415720

3.
This bitcoin misconception could be what takes it to $250,000, according to Morgan Creek’s Yusko
https://www.cnbc.com/2021/05/09/bitcoin-crypto-misconception-could-propel-it-to-250k-mark-yusko.html


Those rags, like all the others, are in the business of making money, not reporting news. You will never get accurate news from journalists.
963  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2021, 11:25:51 AM
You know its kind of weird. The mempool is essentially empty, transactions of 1sat/vB are going through now, yet there are transactions still being sent at 605sat/vB.

Are these people just dumb as dogshit or is it an exchange sending huge fees at their customers expense in an effort to make it look to people like BTC fees are high?

I can explain this no other way.

Edit: Here's the address that is doing it. Pretty odd behaviour.

https://mempool.space/address/37VbgjzwVrM93g6zQrc4XP5RonpwnwKevj
964  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2021, 01:31:02 PM
Doing my daily look at the mempool and the damn thing is near empty. 1 sat fees are now being processed now, so a great time to make some transactions.

Curious about ETH strength of late, I take a look at their mempool. Full, massivily full, and has been since the start of this year. Of course high fees are the norm but I think what this also says is that there is a tonne of consistant demand out there on their network, BTC looks like a ghost town in comparison. Now I realise this is because their network is clogged up with all sorts of silly shit (and BTC hash has increased), but if this demand is maintained (and I'm sure no one here wants to hear this), we have to consider the very likely possibility that ETH will eventually beat out BTC for the number one spot.

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

I hope I am wrong.





Everybody can see the scam, yet all the so called "crypto" podcasters are ignoring it, and not just the shitcoin pumpers and dumpers podcasters.

Binance bought "Coinmarketcap" to control the MSM of price of every shitcoin and altcoin created. Even the BITCOIN price relies on this shit website, yet all the alleged Bitcoin OG'S and the shitcoin pumpers and dumpers don't say a word about this cluster fuck!, I wonder why that is?

I did not know Binance bought CMC, but holy shit that fits in with all the pumps that are coming out of that place. It is my belief that a lot of these pumps are being made via direct manipulation of the markets by Binance itself. The volumes out of there for these shitcoins make zero sense when you compare them to BTC size.

Something is rotten over there at Binance I'm sure of it.

It's all coming from Binance.... does anybody know where this exchange is based?Huh, I mean apparently it's allegedly the largest Crypto Exchange in the world, .........I'll wait?Huh?

Isn't it a Chinese exchange run offshore.

Edit: from the wiki

Quote
Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved out of China due to China's increasing regulation of cryptocurrency.

These guys are as dodgy as Bitmex, remember when the SEC got onto them and the Barts ceased and then the BTC price went up and never looked back. Binance has taken over their role I suspect. It makes you wonder if these exchanges get pressured by certain authorities to use there opaqueness to prevent BTC growth.

Takes tin foil hat off.
965  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2021, 12:40:11 PM
Doing my daily look at the mempool and the damn thing is near empty. 1 sat fees are now being processed now, so a great time to make some transactions.

Curious about ETH strength of late, I take a look at their mempool. Full, massivily full, and has been since the start of this year. Of course high fees are the norm but I think what this also says is that there is a tonne of consistant demand out there on their network, BTC looks like a ghost town in comparison. Now I realise this is because their network is clogged up with all sorts of silly shit (and BTC hash has increased), but if this demand is maintained (and I'm sure no one here wants to hear this), we have to consider the very likely possibility that ETH will eventually beat out BTC for the number one spot.

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

I hope I am wrong.
I hope and think you are. Technically, Bitcoin is superior. Eth is a clusterfuck of gas, pre-mine and upcoming PoS (no, that doesn't mean piece of sh**, although it might be construed to). Bitcoin is getting taproot and rootstock. There are already the first attempts of sidechains for DeFi, for those who want to do that. Eth might get to 10k all right. I want to see where btc will be when/if that happens.

Honey badger really doesn't give AF.

See, while Bitcoin is superior and is/will be able to do everything ETH can do and more. ETH was the first out of the gate (at least in terms of effective marketing) with this stuff. So does their network effect negate Bitcoin's better offerings???

I hope people aren't that stupid, but, well you've seen how the world operates. Stupid is a dominant chain of thought.
966  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2021, 12:25:15 PM

If you think that a centralized mess of a shitcoin with a 90M pre-mine and currently $50-500 transaction fees will ever "overtake" BTC, then you are delusional. And POS will be a big fail.

Don't underestimate the stupidity of the sheeple.

It does make you wonder where the term "smart money" comes from?
Doesn't seem that smart to me.

That's the problem, it's not smart, never was. It's also greedy and likes to cheat.
967  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2021, 12:11:29 PM
So Zuckerberg is a nothingburger  Roll Eyes

It's because he said Bitcoin. Retail doesn't care about that anymore. Or more likely the markets are being manipulated by pieces of shit like Binance.
968  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2021, 12:09:22 PM
Doing my daily look at the mempool and the damn thing is near empty. 1 sat fees are now being processed now, so a great time to make some transactions.

Curious about ETH strength of late, I take a look at their mempool. Full, massivily full, and has been since the start of this year. Of course high fees are the norm but I think what this also says is that there is a tonne of consistant demand out there on their network, BTC looks like a ghost town in comparison. Now I realise this is because their network is clogged up with all sorts of silly shit (and BTC hash has increased), but if this demand is maintained (and I'm sure no one here wants to hear this), we have to consider the very likely possibility that ETH will eventually beat out BTC for the number one spot.

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

I hope I am wrong.





Everybody can see the scam, yet all the so called "crypto" podcasters are ignoring it, and not just the shitcoin pumpers and dumpers podcasters.

Binance bought "Coinmarketcap" to control the MSM of price of every shitcoin and altcoin created. Even the BITCOIN price relies on this shit website, yet all the alleged Bitcoin OG'S and the shitcoin pumpers and dumpers don't say a word about this cluster fuck!, I wonder why that is?

I did not know Binance bought CMC, but holy shit that fits in with all the pumps that are coming out of that place. It is my belief that a lot of these pumps are being made via direct manipulation of the markets by Binance itself. The volumes out of there for these shitcoins make zero sense when you compare them to BTC size.

Something is rotten over there at Binance I'm sure of it.
969  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2021, 11:32:38 AM
Doing my daily look at the mempool and the damn thing is near empty. 1 sat fees are now being processed now, so a great time to make some transactions.

Curious about ETH strength of late, I take a look at their mempool. Full, massivily full, and has been since the start of this year. Of course high fees are the norm but I think what this also says is that there is a tonne of consistant demand out there on their network, BTC looks like a ghost town in comparison. Now I realise this is because their network is clogged up with all sorts of silly shit (and BTC hash has increased), but if this demand is maintained (and I'm sure no one here wants to hear this), we have to consider the very likely possibility that ETH will eventually beat out BTC for the number one spot.

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

I hope I am wrong.


970  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2021, 02:28:40 PM
The MSM is continuing their constant campaign of promoting and mentioning ETH and Doge, but nearly silent on Bitcoin.  Roll Eyes

The true WO's know what's coming.  Wink

The flippening???

ETH and Doge are old hat. It's Shiba Inu now +1600% in last 7 days, coin ranking 18.

Too many shitcoins going bananas, I'm thinking we get a whole market crash soon.

Meanwhile J.P. Morgan's wealthiest clients are quietly accumulating btc through JPM's new Bitcoin fund...

...gee, I wonder why? And not a peep about it from the msm...so strange...  Wink

I'm sure that's what they are doing. But IMO we are in 2013 not 2017, and the sideways/dip till end of the year has begun. I'm hoping I'm wrong mind you.

Also retail can be stronger than we all think. Look at Gamestop, its at 150 right now, never did go back down.
971  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2021, 01:58:39 PM
The MSM is continuing their constant campaign of promoting and mentioning ETH and Doge, but nearly silent on Bitcoin.  Roll Eyes

The true WO's know what's coming.  Wink

The flippening???

ETH and Doge are old hat. It's Shiba Inu now +1600% in last 7 days, coin ranking 18.

Too many shitcoins going bananas, I'm thinking we get a whole market crash soon.
972  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2021, 12:37:44 AM
https://twitter.com/elonmusk/status/1391523807148527620

lol there Musk goes again trying to pump the dog coin, I don't think it's been a huge impact so far.

Buys $1.5B of Bitcoin.

Verbally pumps Doge shitcoin, but doesn't buy it.

Love how the pleebs fall for this scam-straction.  Roll Eyes

Amazing isn't it haha

Then who’s this https://dogechain.info/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L
$22billion in one wallet Elon or Robinhood?

Binance?
973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2021, 12:36:12 AM
Ahhhh $58,000....

I believe we’ve met before*



*about 1000 fucking times. Will you stop going sideways & pump, damn it.

Yeah, this shit is starting to get worse then the 9000 Vegeta level.
It’s 10 of May already and we hadn’t the usual monthly ATH yet.
Disappointing.


Every price and ATH (no matter it it is every month or not) is disappointing until we reach the actual value of 1 BTC which is minimum 1 million USD.
974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 10:03:21 PM
Ahhhh $58,000....

I believe we’ve met before*



*about 1000 fucking times. Will you stop going sideways & pump, damn it.

Yeah, this shit is starting to get worse then the 9000 Vegeta level.
975  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 12:41:40 PM
OT:
I like the idea how Signal tried to expose how much data Facebook is collecting using a simple Instagram ad but Facebook didn’t like it.


It was evidently not OK with Signal exposing the personal data that Facebook has for sale to promote its own more private alternative.
 



Read full details here https://twitter.com/moxie/status/1389653364925816832?s=20

That is pretty awesome of Signal to do that. Too bad it got removed, might have woke some sheep up.
976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 12:36:14 PM

Indeed , if we invest 600$ in Bitcoin today, it will turn into 1 Million$ when Bitcoin Price reaches 1 Million and I am confident it will reach there but when, very hard to predict correctly.

You have your numbers wrong, if Bitcoin hits a million that $600 would be closer to 10k
977  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 12:21:00 PM
Doge taking BTC down with it and ETH only mildly affected. Not a good look, when a shitcoin can bring down the gold standard in the space.

Maybe the market has topped out for this cycle? I still think we are doing a 2013 cycle though, and we are in the april part of that year, we won;t get the massive dip though, just sideways.
978  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 11:33:19 AM
I read so much Sci Fi in my youth that it's all a blur now, but I remember enjoying Heinleins books.

I'm reading starship troopers right now and absolutely loving it. Different to the movie of course (I loved that too mind you but for different reasons).
979  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 05:05:59 AM
Offtopic, but I think rerlevant to many here:

The Hitchhiker’s Guide to Online Anonymity https://anonymousplanet.org/guide.html#understanding-some-basics-of-how-some-information-can-lead-back-to-you-and-how-to-mitigate-some

This guide is awesome, but, very long. If you care about your anonymity (and most here should) it is fantastic.
980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 04:47:44 AM
ETH and Doge recovering, BTC is not. Must make sense somehow but I don't see it.
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