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

[LFC_Bitcoin]

Last time we went from roughly $1K to $20k.
I would say that $50K is a minimal expectation IF the cycles continue the up down pattern, which is always an unknown.
I would not be surprised by $200K, but would not plan for it as far as seriously laying out what to do if and when.

That was not a halving boost, that was a year of market movement, if the 10k-19k happened during anytime close to a halving id give it to you, but it didn't.

It takes 6-12 months for the full effects of the halving to be realised by the market. Miners sell bitcoin to cover costs, all of a sudden they’re getting half the amount of coins as a block solving reward therefore they have half the amount to dump on exchanges. I think it takes a while for that to be reflected in the price.

We will see one more absolutely parabolic bitcoin bull run before it begins to stabilise as an asset imo.
I think Biodom is right, 200,000 USD per bitcoin is possible, maybe in mid to late 2021 if not early 2022.

I’m the most excited I’ve ever been about bitcoin, life changing money is coming to us all.

[1675950605]

1675950605

[1675950605]

1675950605

[1675950605]

1675950605

[1675950605]

1675950605

[lightfoot]

Oberserving $10530...

20 years later I will be at my 50's though. Having a few billions will surely help but I don't know. I'd rather want them in my 30's which means now or at least in the next 10 years.

That chart is like a hundred years later. And yeah you want to enjoy the good things while you're young, not when you are a washed up hulk at 50. :-)

[Bossian]

About next halving, that's what a (very basic) graph says:


https://i.postimg.cc/pPYCCB2R/download.png





Not sure. Looks too good to be true, but what do I know.

[LFC_Bitcoin]

About next halving, that's what a (very basic) graph says:


https://i.postimg.cc/pPYCCB2R/download.png





Not sure. Looks too good to be true, but what do I know.

The top of the cycle could be right but $3,000 per BTC in October 2019?

$4,000 ish at the halving?

Overly bearish & very unlikely.

[Phil_S]

I'm tired of seeing this old (07.07.2018) stupid graph.

Hopefully by Oct 2019 people will stop reposting it.

[Bossian]

About next halving, that's what a (very basic) graph says:


https://i.postimg.cc/pPYCCB2R/download.png





Not sure. Looks too good to be true, but what do I know.

The top of the cycle could be right but $3,000 per BTC in October 2019?

$4,000 ish at the halving?

Overly bearish & very unlikely.

Yes indeed, 2019 looks nothing like on the graph.

I'm tired of seeing this old (07.07.2018) stupid graph.

Hopefully by Oct 2019 people will stop reposting it.

Fair enough, dawg.

[JSRAW]

Just gonna leave this here

[UnDerDoG81]

About next halving, that's what a (very basic) graph says:


https://i.postimg.cc/pPYCCB2R/download.png





Not sure. Looks too good to be true, but what do I know.

2023? I aint got time for this shit. 50k next year and I am out with 75%. I am 38 and should start to enjoy life 

[fillippone]

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

Ok I start the contest.

"What the hell, we have thousand of Hard disk and still didn't find a single Bitcoin"
"Told you not to trust those chinese stuff".

Not very funny, I bet you can do better!

(funny HaiKu dialogue gests 4 merits)

[LFC_Bitcoin]

2023? I aint got time for this shit. 50k next year and I am out with 75%. I am 38 and should start to enjoy life 

Haha!

If you can wait until 2021 I think we’ll see $100,000 per coin. Glad to see you’d always keep some in reserve, good choice. You just know there’s going to be some HODLERS who sell everything at the next ATH & watch in horror when we hit six figures.

[Bossian]

2023? I aint got time for this shit. 50k next year and I am out with 75%. I am 38 and should start to enjoy life 

Haha!

If you can wait until 2021 I think we’ll see $100,000 per coin. Glad to see you’d always keep some in reserve, good choice. You just know there’s going to be some HODLERS who sell everything at the next ATH & watch in horror when we hit six figures.

Bro you are so optimistic. 2020 is almost there. 100k per coin in 2021? Would love it, but based on what?

[Globb0]

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

There you go your 1024 hard drive ready for your new miner.

Oh Dave you fucked up again!

[LFC_Bitcoin]

Bro you are so optimistic. 2020 is almost there. 100k per coin in 2021? Would love it, but based on what?

Assuming we’re at approx $10,000 - $15,000 at the time of the halving it’s around 10 x price increase.

At the halving in July 2016 we were at around $600. From there to the peak of our last cycle that’s over 30 x increase.

I think $100,000 per bitcoin at the end of 2021 is definitely possible. Speak to HairyMaclairy for detailed price predictions based on TA & charts. I’m just going off what I’ve observed before. I think HM is suggesting a fair bit more than 100k per coin at the top of this bull cycle.

[d_eddie]

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

Ok I start the contest.

"What the hell, we have thousand of Hard disk and still didn't find a single Bitcoin"
"Told you not to trust those chinese stuff".

Not very funny, I bet you can do better!

(funny HaiKu dialogue gests 4 merits)

Bitcoin's hard money
an SSD won't cut it
real hard disk needed

#haiku

[JimboToronto]

Good morning Bitcoinland.

Up half a grand in the last day... currently $10537USD/$13959CAD (Bitcoinaverage).

Nice to see 5 digits. How long will it last?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

"If we switch from HDDs to SSDs we can get a massive boost in hash rate."

______  

Edit:

Didn't see the haiku part:

Hard drives hash too slow.
Satoshj would be appalled.
Solid state drives rule.

[lotfiuser]

Bro you are so optimistic. 2020 is almost there. 100k per coin in 2021? Would love it, but based on what?

Assuming we’re at approx $10,000 - $15,000 at the time of the halving it’s around 10 x price increase.

At the halving in July 2016 we were at around $600. From there to the peak of our last cycle that’s over 30 x increase.

I think $100,000 per bitcoin at the end of 2021 is definitely possible. Speak to HairyMaclairy for detailed price predictions based on TA & charts. I’m just going off what I’ve observed before. I think HM is suggesting a fair bit more than 100k per coin at the top of this bull cycle.

maybe you know more than me but CryptoCurrency Market Cap:  $285 103 377 392 with BTC dominance 66 %
BTC Market Cap $188 205 070 973 *10 it's $1 882 050 709 730   which is way higher than CryptoCurrency Market Cap all-time high and in dec 2017 there was a lot of hype about bitcoin and crypto and I don't think that hype will be back

[Swordsoffreedom]

Bro you are so optimistic. 2020 is almost there. 100k per coin in 2021? Would love it, but based on what?

Assuming we’re at approx $10,000 - $15,000 at the time of the halving it’s around 10 x price increase.

At the halving in July 2016 we were at around $600. From there to the peak of our last cycle that’s over 30 x increase.

I think $100,000 per bitcoin at the end of 2021 is definitely possible. Speak to HairyMaclairy for detailed price predictions based on TA & charts. I’m just going off what I’ve observed before. I think HM is suggesting a fair bit more than 100k per coin at the top of this bull cycle.

100k is possible but it's impossible to predict exact top of the cycle. Major bull run usually ends with parabolic rally which means huge gains every day. So it really depends how long the upward momentum can hold until it pops. Just a week more can mean +50%. So there is very little difference between, say 80k and 120k.

[VB1001]

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

This weekend you will not return home, there is a virus, you must clean and reinstall the operating system on all hard drives make all updates and backups one by one.

[gentlemand]

100k is possible but it's impossible to predict exact top of the cycle. Major bull run usually ends with parabolic rally which means huge gains every day. So it really depends how long the upward momentum can hold until it pops. Just a week more can mean +50%. So there is very little difference between, say 80k and 120k.

Whatever peak there will be will be fleeting and will ream many a posterior in the aftermath as ever. If people want to offload they should be doing their homework and sums now and getting rid at whatever price level they set without second guessing themselves regardless of that moment's overall landscape.

If they do flinch then the sums weren't good enough. One day oscillations will be mild enough to not have to think that way but we're still a way from it yet. The glum/bored/violent cycle is starting to grate on me somewhat so I'll be vacating enough to not have to care about it all that much going forward.

[LFC_Bitcoin]

@APompilano
“We love you Bitcoin” — @jack

Who would have thought it would only take 10 years for a public company CEO to say this on an earnings call! 🙏🏽

https://twitter.com/apompliano/status/1157044019815473152?s=21