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

[Last of the V8s]

@ArminVanBitcoin

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[angel55]

Just a short break before we start climbing again

[Last of the V8s]

I made this silly video some of you guys may appreciate:
https://www.youtube.com/watch?v=bHnnj2noPak

Thought I'd share it here for any of you guys that are too cool to visit le reddit.

[gentlemand]

Actually wish I bought BCH back in december when it was $80, 5x from those prices to today.  Oh well lol, everyone was calling it a deadcoin.

Looks like the money is starting to go back into eth, the btc ratio had very strong support at .025.  That was a nice buying opportunity if you were looking to only increase your btc amount.

I'm calling it dead

It's on tons of exchanges. It has bitcoin in the name. It's 'cheaper'.

That's all the average dunderhead wants. It's deffo not dead.

[fabiorem]

Just a short break before we start climbing again

WTF this picture cant be real.

[bitcoinPsycho]

Actually wish I bought BCH back in december when it was $80, 5x from those prices to today.  Oh well lol, everyone was calling it a deadcoin.

Looks like the money is starting to go back into eth, the btc ratio had very strong support at .025.  That was a nice buying opportunity if you were looking to only increase your btc amount.

I'm calling it dead

It's on tons of exchanges. It has bitcoin in the name. It's 'cheaper'.

That's all the average dunderhead wants. It's deffo not dead.

It's dead to me

[jojo69]

oh man

silver sale today

[rdbase]

-snip-

Anyhow, I would have presumed that Charlie has a value of wealth that at least exceeds 1,000 bitcoins, presuming that he sold a decent amount of LTC in early 2017 and may have either transferred some of that value to BTC or merely invested that sold LTC value in other properties/assets.  I would also imagine that whatever LTC he sold in early 2017 would have been at least in the thousands of LTC and more likely approaching or beyond 10k LTC territory... so even though I am talking a bit from a speculative angle, I cannot imagine why there would be any real urgency to engage in public transactions of physical BTC or physical LTC - except that public peeps want to engage in public acts for the sake of publicity?

This would explain why he is signing some of those coins which were won in auction he is not for others.

[El duderino_]

Halvening centric perspective on Bitcoin price. H/T @StoicTrader_ & @MLescrauwaet

via Imgflip Meme Generator

https://twitter.com/tuurdemeester/status/1129017877581967361?s=21

[jonoiv]

Also the fibonachi resistance held 5 times then it broke but has dropped below again by 200 dollars.    At the  moment looks like it's just tempting people to go long before the bloodbath.  Finex is 60% long, that's a lot of leveraged longs and the oderbooks are thin on the ground.  Personally i don't think it wlll go much higher than 8040 on stamp for next few days maybe weeks.   Im not buying now until there is a firm bottom tested  

[JayJuanGee]

 It shows each bear market accumulation phase gaining significant length between peaks, as I've highlighted with the yellow squares, so an actual $20k-style pump and dump wouldn't even occur till like late 2021 or early 2022.

What the fuck, roach?

That's your "conservative" BTC price prediction?

If you seriously believe that BTC prices can go to $20k-ish in 2-ish years, which is at least a 3x price appreciation from here, then you better (the fuck) be investing in bitcoin. 

Yeah, I understand that you believe that Gold, silver and other PMs (such as copper, right?) have decent upside potential too, but 3x in 2-ish years?  I really doubt PMs got anything close to that kind of pumpening in them absent some kind of Armageddon-like event, which is no way close to any kind of reasonable or prudent bet.

[angel55]

What were the final poll results of the question I had gotten polled in this thread a little while back.  Will bitcoin reach 20k this year?  info has a record of the past polls right?

[JayJuanGee]

Call me an age scientist pessimist.

...

In short, boo hooo,       Bitcoins are not likely to buy either the power of youth or sufficient power to overcome likely degenerative aspects of aging..

Jay, for corn's sake!
It was just a greeting wish...  

Fair nuff.   


I just could not resist going on some quasi-relevant rant that relates to my own fears of inevitable death and demise.

[fabiorem]

Halvening centric perspective on Bitcoin price. H/T @StoicTrader_ & @MLescrauwaet

via Imgflip Meme Generator

https://twitter.com/tuurdemeester/status/1129017877581967361?s=21

This chart shows we are not going below 6k anymore.

The expansion phase looks like a mini-bull market, and the reaccumulation is sidelined.

[BitcoinGirl.Club]

Good afternoon WO fams.

Witnessing $8,027

When are we hitting $10k?

[BitcoinGirl.Club]

Halvening centric perspective on Bitcoin price. H/T @StoicTrader_ & @MLescrauwaet

via Imgflip Meme Generator

https://twitter.com/tuurdemeester/status/1129017877581967361?s=21

This chart shows we are not going below 6k anymore.

The expansion phase looks like a mini-bull market, and the reaccumulation is sidelined.

So everything is working as planned?

[VB1001]

Crypto 101: Micropayments

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.
The U.S. Dollar is fiat money—it’s just paper, but it has value because the U.S. Government says it does.

https://blog.keys.casa/crypto-101-micropayments/

[fabiorem]

Halvening centric perspective on Bitcoin price. H/T @StoicTrader_ & @MLescrauwaet

via Imgflip Meme Generator

https://twitter.com/tuurdemeester/status/1129017877581967361?s=21

This chart shows we are not going below 6k anymore.

The expansion phase looks like a mini-bull market, and the reaccumulation is sidelined.

So everything is working as planned?

Yes, but this halvening-centric model is very conservative.

We need to consider the institutional money, and the acceleration it would bring. Jbreher posted about a $133k target in march 2020, I cant find his post right now.

[Febo]

Halvening centric perspective on Bitcoin price. H/T @StoicTrader_ & @MLescrauwaet

via Imgflip Meme Generator

https://twitter.com/tuurdemeester/status/1129017877581967361?s=21

This chart shows we are not going below 6k anymore.

The expansion phase looks like a mini-bull market, and the reaccumulation is sidelined.

So everything is working as planned?

Yes, but this halvening-centric model is very conservative.

We need to consider the institutional money, and the acceleration it would bring. Jbreher posted about a $133k target in march 2020, I cant find his post right now.

Next cycle ATH will be much earlier then last simply because everyone expect it will happen and will want to be earlier then others. But March 2020, that is before actual halving, is way to early.  

[El duderino_]

Also the fibonachi resistance held 5 times then it broke but has dropped below again by 200 dollars.    At the  moment looks like it's just tempting people to go long before the bloodbath.  Finex is 60% long, that's a lot of leveraged longs and the oderbooks are thin on the ground.  Personally i don't think it wlll go much higher than 8040 on stamp for next few days maybe weeks.   Im not buying now until there is a firm bottom tested  

Thats the same thinking on the other side and tempting for people to sell/short and Maybe get rekt

Trading this market is taking big risks with a solid long term investment that only need HODL and buu when possible .....

Whatevaaa happens one would not like to end up with a 50% loss of stack