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

[kenzawak]

https://twitter.com/AlecZiupsnys/status/1099120779457937408

[yefi]

A phase transition from fiat to btc/crypto might happen and would be much faster than "decades".
Many people are penciling in next ATH in 2021 at $100-400K.
The next ATH after that could be projected to occur in 2025 at $1mil or thereabout.
Granted, this would require the large scale abandonment of fiat in favor of bitcoin/crypto.
Can it happen? Perhaps.

How irresponsible would the monetary authorities have to be to allow a transition to crypto on a bubble? The transition needs to be soft and slow - one more in tune with the conservative pace of those who govern.

[jojo69]

How irresponsible would the monetary authorities have to be to allow a transition to crypto on a bubble? The transition needs to be soft and slow - one more in tune with the conservative pace of those who govern.

And we know that they have proven themselves, time and again, to be the very pillars of responsibility.

[Hueristic]

I'm living the dream tonight boys, I have a home, a a nice prch and some little furniture out there. This home was paid with a down payment of Bitcoin, and now anytime it moves up or down I get an email from the owner of the loan people. Last email I got was a link to join Morgan coin asking about it.

They were shocked when I told them I bought my first coin at $50

Congrats man.

[Hueristic]

2) Taxation is theft, Goddamnit.

I don't know what to think about taxes.

I, begrudgingly, get it.

It's the cost of doing business in fiat. (((They))) need (((their))) pound of flesh, so-to-speak, as new blood to grease (((their))) wheels.

At least you have a shitcoin to pay them with.

[JayJuanGee]

I'm living the dream tonight boys, I have a home, a a nice prch and some little furniture out there. This home was paid with a down payment of Bitcoin, and now anytime it moves up or down I get an email from the owner of the loan people. Last email I got was a link to join Morgan coin asking about it.

They were shocked when I told them I bought my first coin at $50

Hopefully, you did not either disclose too much about your still existing BTC stash (if any) or provide them with an impression (or incentive) to attempt to knock you off, especially since they know where you live... 

[JayJuanGee]

I'm living the dream tonight boys, I have a home, a a nice prch and some little furniture out there. This home was paid with a down payment of Bitcoin, and now anytime it moves up or down I get an email from the owner of the loan people. Last email I got was a link to join Morgan coin asking about it.

They were shocked when I told them I bought my first coin at $50

Congrats man.

Well I only have a couple of coins left, I won't be Mr bigshit at the 100k party, in hoping to just keep gathering more while I can.

If you continue to recognize bitcoin as an asset that has decent odds for continued price appreciation, then it may have been too early to cash out too many coins on property that might not even come close to appreciating as well, of course, the balancing of factors would include several considerations beyond just calculations of appreciation potential of each of the assets including the fact that you would seem to be living in the property which is not as easily accomplished with the mere possession of a digital asset such as bitcoin...

[Hueristic]

Unanimous US supreme court decision in Timbs v. Indiana paves the way for the end of civil asset forfeiture.

...

This has been a long time coming.




https://reason.com/volokh/2019/02/20/supreme-court-rules-that-excessive-fines

Its unbelieveable that civil forfeiture has been allowed to drag on this long in the land of the free

The Cops are literally stealing the money from people pockets. that is just fucking insane.

[mirakal]

I'm constantly monitoring the price of BTC, but we struggle to stay at $4,000 level.

Any chance for the 2nd pump?

What price will we land next?

Either 3.7 or 4.2 probably. Sideways in the meantime.

Price is not moving until now, it only stays at $3,900, what are they waiting for, they should this up so once again we will have a party.
I'm afraid it will go down, which is likely to happen, going up or down? I'm nervous thinking we will be back again and the hype will end.

[Hueristic]

I used to be a much bigger sports fan, I still watch games every now and then but I was wasting too much time watching sports.  Might life doesn't change in the slightest if my team wins.  

I can't prove it but I think you live longer if your team wins.

Would seem more likely that you live shorter if your team loses. Which is not quite the same thing.

Interesting take and entirely possible, why hasn't someone done a study?

[Hueristic]

btw XhomerX provided me this master piece

so the days when i'm out on session i just put on this HAT for luck and WO-back up




THANKS XhomerX, the brain behind the awesomeness

Nice hat Mic!
Took me over a decade to get one of those and I've only had 2 in my life.

[JayJuanGee]

I'm constantly monitoring the price of BTC, but we struggle to stay at $4,000 level.

Any chance for the 2nd pump?

What price will we land next?

Either 3.7 or 4.2 probably. Sideways in the meantime.

Price is not moving until now, it only stays at $3,900, what are they waiting for, they should this up so once again we will have a party.
I'm afraid it will go down, which is likely to happen, going up or down? I'm nervous thinking we will be back again and the hype will end.

You are correct.  The price could go down.  

Or it could go up.  

Currently, the odds seem to be a little bit more in favor of down, but I would not rule out up, completely.  

I hope that helps.   

[kenzawak]

So how much have you sent roach ? (it's a shame I won't read your response since I have you on "ignore")

https://www.reddit.com/r/CryptoCurrency/comments/atqu1x/repost_but_such_a_funny_scam/

[Hueristic]

Shit I completely lost what page I was on trying to catch up. gnight all.

[cAPSLOCK]

Survivor alts starting to light up. Having deleveraged, they are now about to start leveraging bitcoin's rise by multiples. The two outsider alts with most upside to gain are:

 • BLAH (Ipsum dolor shitcoin shillcoin lambo moonshit dolor lambo ipsum shitcoin Ipsum dolor shitcoin shillcoin lambo moonshit dolor lambo ipsum shitcoin Ipsum dolor shitcoin shillcoin lambo moonshit dolor lambo ipsum shitcoin )
Nº 14735756 in M'Cap, 5 years old.

 • BALAHA (Ipsum dolor shitcoin shillcoin lambo moonshit dolor lambo ipsum shitcoin Ipsum dolor shitcoin shillcoin lambo moonshit dolor lambo ipsum shitcoin )
Nº 32635636 in M'Cap, 5 years old.

God and I thought your damn Dash advocacy was annoying.

[cAPSLOCK]

Apparently yesterday was highest volume on CME ever



Edit:  sweet mother of god confirmed.  Look at that volume candle.

Who goes there? 

No, seriously.  That is either some crazy ass motherfucker, or... umm... guess what?  Someone with some pretty strong insider knowledge just laid down a shitton of cash.  That's not from lots of people... it is 1 or a group. 

[JayJuanGee]

I'm living the dream tonight boys, I have a home, a a nice prch and some little furniture out there. This home was paid with a down payment of Bitcoin, and now anytime it moves up or down I get an email from the owner of the loan people. Last email I got was a link to join Morgan coin asking about it.

They were shocked when I told them I bought my first coin at $50

Hopefully, you did not either disclose too much about your still existing BTC stash (if any) or provide them with an impression (or incentive) to attempt to knock you off, especially since they know where you live... 

I have less than 2 coins I really doubt someone wants to kill me for that.

You never know... both in terms of how much BTC you actually have and also how much the robber might think that you might have.

kingcolex:  "honest I only have two, and you can have all of it.  I don't need them."

Robber:  "you must have more than 2 coins.  Why would you spend so much time on WO thread if you only have two coins?"

kingcolex:  "it's true.  It's true.  I only have two coins"

Robber:  "I don't believe you."

kingcolex:  "it's true.  It's true.  have you ever heard of roach, he doesn't have any coins, and he is on WO thread more than me."

Robber:  "I'm gonna teach you a lesson ....... ."

etc. etc. etc... ...   and you know what happens next?


You know that sometimes people get robbed for their Iphone or something of little value and then the whole robbery ends up going sour and ends in their becoming a statistic.

Lesson:  Don't become a statistic.

[nutildah]

Here goes my take on this volume: its a bearish signal because these orders were specifically placed to draw in chart analysts. If it was sincere action these would have been purchased in smaller, measured increments so as not to catch many eyes.



Bearish for the next 3-7 days.

[xhomerx10]

The other day when JJG advocated for glassed on Rocket Racoon it must have planted a subliminal suggestion in my mind... or something.  Anyway, whatever it was manifested itself tonight in the form of an upgrade.



Avatar-sized



 If you like.

[JayJuanGee]

The other day when JJG advocated for glassed on Rocket Racoon it must have planted a subliminal suggestion in my mind... or something.  Anyway, whatever it was manifested itself tonight in the form of an upgrade.



Avatar-sized



 If you like.

It changes the nuance of the avatar a bit.. kind of tones down the flamboyant and causes a kind of more technically nerdy... ...

O.k... sure... I will try it out for a while... and see if it feels comfortable.  Thanks, xhomer.