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

[JayJuanGee]

Who feels like a shot of WO hopium on a Tuesday morning?

2023 is a long time in crypto time I guess.....snip.....I'll repost the image for convenience -

3k in October isn't hopium it sucks man 

Long term look at the price, I don’t mind earning my peanuts in my day job for another few years. I’m 26, plenty of time to enjoy our riches if we have to wait until 2023 for moon.

Also not impressed - 100k by 2023 is ain't moon...    1m would be nice...

There likely is some truth that getting as many 10x increases in BTC price as compared to Bitcoin's history has its limitations. 

If we use $3,830 as our approximate (today) jumping off point, then $100k is still a 26x increase.  I have difficulties considering that 26x as short of moon. 

On the other had, I do understand that $100k only brings bitcoin's market cap to less than $2trillion.. so, another 10x would be reasonable - while at the same time, I have troubles considering that BTC is actually going to make it to $1million before the 2024 halvening.  Call me a pessimist.

By the way, I am o.k. with today's price in the next 5 to 10 years and even if BTC were to kind of get stuck here..  I know that I am being a bit of a party pooper and even unrealistic because there is about a snowballs chance in hell that BTC would actually get stuck at the current price for any more an additional 6 months or so.... Anyhow,  any kind of close to guarantee of a BTC price above $11.5k in that same time frame of 5-10 years is really amazing for any investment, if you think about it. How many investments are you going to get more than 3x of a price appreciation in that kind of a time frame? 

And really, the vast majority of the active participants in this thread already recognize the asymmetrical risk of BTC, which means that you could lose 100% of your investment at todays price.. but you have really decent chances of at least doing 3X or more, and there are even other bullish possibilities beyond that.. so even if you don't become stupidly rich with 26x or 260x (which are also decently likely in that same 5-10year timeframe), 3x and more is going to be really good returns and insurance for a lot of people, too.

[Last of the V8s]

https://www.cnet.com/news/controversial-nsa-phone-data-collection-program-shut-down-aide-says/

well that's alright then

[kenzawak]

https://twitter.com/100trillionUSD/status/1102958785772044289

[BitcoinGirl.Club]

^^ get ready to buy more when you get the 2nd life

[madnessteat]

Some people are getting curious about what's going on in here :

https://bitcointalk.org/index.php?topic=5117225

Called out and left the user negative feedback.

No one steals credit from homer !

xhomerx10 knows what I make hats. We corresponded with him more than once. These all hats made me. I have proofs in the form of .PSD files. You must remember that I laid out several works here. I created a theme where I offered to make someone hat for free. I do not understand what is my fault?

[JimboToronto]

We know the rally magic involves sub freezing temperatures and copious amounts of alcohol...do not resist.

I'll do my best. The copious amounts of alcohol part is already in place.

It's the sub-freezing temperatures part I'm working on. We've been having a heat wave here in Quintana Roo with temps over 32C/90F every day for te past week or so. Apparently it's nice and cold in Toronto. A few days of freezing will do me good, remind me why I'm down here.

[JayJuanGee]

Mardi gras sentiment.

I’ll be cashing out some at those kind of prices. I have to, I can’t see my net worth drop that much again & have gained nothing from it.

I’ll definitely stay around & be posting here regularly though.

I'm planning to cash out some small fraction once we'll reach ~50k. I could liquidate some 50-80% when we'll reach 1m too. But I will never sell 100%...

Also not impressed - 100k by 2023 is ain't moon...    1m would be nice...

And you call this capitulation? Tut tut. Not there at all.

I wouldn't call ANY chart that shows a price of $100K+ in the next following years as "conservative". It doesn't mind what I wish. $100K is (currently) just an utopian dream for me. Dreams do realise sometimes though

40K this year? Not gonna happen.

Well now that's more like it, but still smells like hope. Strive harder, my friends.

Hahahahahaha

Not only are you acting out as a debbie downer, d_eddie, you seem to be asserting that capitulation remains a condition precedent for the BTC price to return UP.

I am not claiming that you are wrong.  I am just pointing out what seems to be a purposeful contrarian tone. 

[Last of the V8s]

We know the rally magic involves sub freezing temperatures and copious amounts of alcohol...do not resist.

I'll do my best. The copious amounts of alcohol part is already in place.

It's the sub-freezing temperatures part I'm working on. We've been having a heat wave here in Quintana Roo with temps over 32C/90F every day for te past week or so. Apparently it's nice and cold in Toronto. A few days of freezing will do me good, remind me why I'm down here.

Please could you do a welfare check on The Mayor of Bitcoin? If poss?

[madnessteat]

Some people are getting curious about what's going on in here :
https://bitcointalk.org/index.php?topic=5117225

Called out and left the user negative feedback.
No one steals credit from homer !

xhomerx10 knows what I make hats. We corresponded with him more than once. These all hats made me. I have proofs in the form of .PSD files. You must remember that I laid out several works here. I created a theme where I offered to make someone hat for free. I do not understand what is my fault?

Woops. I guess my bad then.

Sincere apologies for the mixup. Will remove all the unpleasantness.

BTW, tell that asshole Putin to give Crimea back.

Good thing we understood each other. I hate Putin, he did not do anything good for Russia.  

[xhomerx10]

We know the rally magic involves sub freezing temperatures and copious amounts of alcohol...do not resist.

I'll do my best. The copious amounts of alcohol part is already in place.

It's the sub-freezing temperatures part I'm working on. We've been having a heat wave here in Quintana Roo with temps over 32C/90F every day for te past week or so. Apparently it's nice and cold in Toronto. A few days of freezing will do me good, remind me why I'm down here.

 They're calling for freezing rain here on Sunday.  Bring some salt - we're out!

[Toxic2040]

We know the rally magic involves sub freezing temperatures and copious amounts of alcohol...do not resist.

I'll do my best. The copious amounts of alcohol part is already in place.

It's the sub-freezing temperatures part I'm working on. We've been having a heat wave here in Quintana Roo with temps over 32C/90F every day for te past week or so. Apparently it's nice and cold in Toronto. A few days of freezing will do me good, remind me why I'm down here.

 They're calling for freezing rain here on Sunday.  Bring some salt - we're out!

[JayJuanGee]

[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

[serveria.com]

Buenos dias Bitcoinland. Sitting in Cancun airport waiting for a plane to Toronto.

I see we recovered from that tiny dip a couple of days ago and we're back over $3.8k... currently $3853USD/$5145CAD (Bitcoinaverage).

Hopefully we'll head on up from here.
_______

Before any superstitious sorts start thinking my trip up will lead to some kind of rally, I should warn you that I'll be coming back down in a few days. I'm just going up to grab a few bucks and rattle a few cages.

If you paid any attention on Groundhog Day, you'd know winter still has a way to go.

Ok, now I'm absolutely sure BTC is heading North! (following Jimbo) 

[Toxic2040]

We know the rally magic involves sub freezing temperatures and copious amounts of alcohol...do not resist.

I'll do my best. The copious amounts of alcohol part is already in place.

It's the sub-freezing temperatures part I'm working on. We've been having a heat wave here in Quintana Roo with temps over 32C/90F every day for te past week or so. Apparently it's nice and cold in Toronto. A few days of freezing will do me good, remind me why I'm down here.

Please could you do a welfare check on The Mayor of Bitcoin? If poss?

remote cams are not detecting movement..its still too early to tell however.

[BitcoinGirl.Club]

New dildo design? 😛

[erre]

[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

I suppose 48% to 52% is a more accurate guess by now.

We are in a beer market.

[Last of the V8s]

We are in a beer market.

[erre]

It's going to be fun 

[JayJuanGee]

Much respect for this guy while I believe his words.

Why do you want to possibly increase confusion by juxtaposition posting an image of "dorian" nakamoto in that misleading commentary on the photo about Satoshi Nakamoto, during the media blitz that dorian got during that confusing period of time, that mistakenly implies that there might be some solid information about Satoshi's actual identity? when there is not?

[Hueristic]

1947 First Brexit  



Fast forward to 2016 (referendum)

Second Brexit

https://www.youtube.com/watch?v=Jne9t8sHpUc