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

[Negotiation]

"FTFY".

Fixed that for you

Thanks, @JSRAW Bhai for fixed it.


#Bitcoin historically appears to hover around each new zero before blasting to new ATH's. From $9 to $10, $90 to $100 and $900 to $1000. The last time it hovered on the zero was Jan to May 2017 before it shot up. The tension is building.


Source: https://twitter.com/Bitcoinlife2012/status/1168679933326921729

[Wilhelm]

Make your own conclusion.

https://twitter.com/inmortalcrypto/status/1168215051385430016

I'm fine this too, $500,000

I really like the look of this projected chart, especially the next ‘crash’ which shows the price at still over the current ATH. I can definitely live with that.

It's a bit bullish.

Of course, it could happen like that, but having a correction that only takes bitcoin back down to $60k as its low seems god-damned optimistic.

Compellingly so.

 

 

Looking at 2024 onwards makes me drool like a idiot....  
$6M per BTC or higher ...

Will be curious if BTC plays out anywhere nearly as bullish as that projection, especially if you are expecting a similar trajectory in 2024.  I am not saying that it could not happen, but I just have a hard time imagining such a bullish scenario. 

I will have to be getting gold-platted elderly diapers. 

Won't know how to spend all of the money.

might have to start buying alts (like some other filthy rich peeps) in order to throw a sufficient amount of my money away.

I believe, but I am not sure, if I would want to live frugally like warren buffet in my old age.

I imagine your life would feel like winning monopoly, owning the bank, and owning everything except one street and continuing to play .... watching other players struggling...

[JayJuanGee]

We are all dirty young men until we become dirty old men and its tough to tell exactly when that happened.

I know precisely when it happened.  I remember it well.  I was at the local grocery picking up a few things.  As I moved down the aisle toward another shopper I noticed her pull her child closer...the look on her face I had never seen before.  I had to look at myself, tattered jeans, rotting army coat, and I realized that I was no longer that cute, harmless, punk rock kid, but a possibly homeless middle aged man.

Didn't bitcoin raise you out of such appearances, yet?

We are doing well currently.

Well Rosewater Foundation, might be another story.

[fillippone]

Good morning WO!
Observing corn @10,420.

Corn is getting beautiful!



https://twitter.com/watermicrobe/status/1168131732580814849?s=21

[Negotiation]

Good morning WO!
Observing corn @10,420.

Corn is getting beautiful!



https://twitter.com/watermicrobe/status/1168131732580814849?s=21

Welcome.
what is the name of species Corn?

[BitcoinGirl.Club]

Good morning WO!
Observing corn @10,420.

Good morning too.
My observation is @ $10,400

Corn is getting beautiful!

No need to spend money on buying pearls for my lady anymore 🤪

[LUCKMCFLY]

A great analysis of the Crypto market ..
•   The total crypto market cap recovered nicely and broke the key $250.0B resistance area.
•   Bitcoin price is up more than 7% and it recently climbed above $10,400.
•   Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance.
•   Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels.
•   BCH price is up more than 5% and it is about to break the $300 resistance area.
•   Tron (TRX) price is slowly moving towards the $0.0160 and $0.0162 resistance levels.



The crypto market cap and bitcoin (BTC) are currently surging above key resistances.Ethereum (ETH), litecoin, ripple, BCH, TRX, XLM, BNB and EOS are also correcting higher.


Source: https://www.newsbtc.com/2019/09/03/bitcoin-price-btc-signaling-bullish-reversal/

And we could say that it is confirmed by breaking up:


Source: https://www.tradingview.com/chart/BTCUSD/GlU7dhnA-BITCOIN-UP-OR-DOWN-OF-THE-TRIANGLE/



I think that if we take into account the new events that give a lot to talk about, such as the so-called "Cepo" of Argentina, it may have helped a little to raise the price if we apply the simple Offer-Demand Law.

[Negotiation]

Good morning WO!
Observing corn @10,420.

Good morning too.
My observation is @ $10,400

Corn is getting beautiful!

No need to spend money on buying pearls for my lady anymore 🤪

Welcome waiting to see next people come back to say Observing girl -$10kBTC  likely 4digit.

[fillippone]

Good morning WO!
Observing corn @10,420.

Corn is getting beautiful!



https://twitter.com/watermicrobe/status/1168131732580814849?s=21

Welcome.
what is the name of species Corn?

Follow the twitter link,  a long corn related informations!

[Negotiation]

Good morning WO!
Observing corn @10,420.

Corn is getting beautiful!



https://twitter.com/watermicrobe/status/1168131732580814849?s=21

Welcome.
what is the name of species Corn?

Follow the twitter link,  a long corn related informations!

Finally seen seasonal corn
This photo is getting lots of engagement. We only have a little bit of corn growing in our little urban garden - all Glass Gem corn. Here is a video of us peeling the corn in the photo.

Video of corn: https://twitter.com/i/status/1168330670332100608
post source: https://twitter.com/watermicrobe/status/1168330670332100608

[JayJuanGee]

Make your own conclusion.

https://twitter.com/inmortalcrypto/status/1168215051385430016

I'm fine this too, $500,000

I really like the look of this projected chart, especially the next ‘crash’ which shows the price at still over the current ATH. I can definitely live with that.

It's a bit bullish.

Of course, it could happen like that, but having a correction that only takes bitcoin back down to $60k as its low seems god-damned optimistic.

Compellingly so.

 

 

Looking at 2024 onwards makes me drool like a idiot....  
$6M per BTC or higher ...

Will be curious if BTC plays out anywhere nearly as bullish as that projection, especially if you are expecting a similar trajectory in 2024.  I am not saying that it could not happen, but I just have a hard time imagining such a bullish scenario. 

I will have to be getting gold-platted elderly diapers. 

Won't know how to spend all of the money.

might have to start buying alts (like some other filthy rich peeps) in order to throw a sufficient amount of my money away.

I believe, but I am not sure, if I would want to live frugally like warren buffet in my old age.

I imagine your life would feel like winning monopoly, owning the bank, and owning everything except one street and continuing to play .... watching other players struggling...

It might be o.k. 

I have been relatively frugal all of my life, even while my standard of living did increase, so there might be some difficulties to adapt - as compared with either growing up rich or even becoming rich in your 20s, then you might be able to really adapt by the time you are in your 40s.  In my case, I am older than that.  I already had more than 30 years of investing and becoming more and more rich with a kind of exponential growth that came with bitcoin and seems to have decent chances of continuing in the coming 3-5 years or perhaps less,  as we all kind of expect a bit of a boom and perhaps even another blow-off top to happen no later than the end of 2021, but likely sooner than that.

[JayJuanGee]

A great analysis of the Crypto market ..
•   The total crypto market cap recovered nicely and broke the key $250.0B resistance area.
•   Bitcoin price is up more than 7% and it recently climbed above $10,400.
•   Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance.
•   Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels.
•   BCH price is up more than 5% and it is about to break the $300 resistance area.
•   Tron (TRX) price is slowly moving towards the $0.0160 and $0.0162 resistance levels.



The crypto market cap and bitcoin (BTC) are currently surging above key resistances.Ethereum (ETH), litecoin, ripple, BCH, TRX, XLM, BNB and EOS are also correcting higher.


Source: https://www.newsbtc.com/2019/09/03/bitcoin-price-btc-signaling-bullish-reversal/

And we could say that it is confirmed by breaking up:


Source: https://www.tradingview.com/chart/BTCUSD/GlU7dhnA-BITCOIN-UP-OR-DOWN-OF-THE-TRIANGLE/



I think that if we take into account the new events that give a lot to talk about, such as the so-called "Cepo" of Argentina, it may have helped a little to raise the price if we apply the simple Offer-Demand Law.

That's all fine and dandy.  Yet, in this thread, we do not tend to care too much about making overall crypto market trends and assertions because those kinds of analysis tend to be too vague and are not really thread specific.. which we talk about king daddy bitcoin here.

Another thing that seems to be taking place, on the longer trend is an ongoing purging of the froth in the altcoin (shitcoin) market, so yeah, maybe some of those shitcoins will start to perform, but I believe that a lot of members here, apart from the trolls and shills kind of have a preference to see shitcoins getting purged more and more and more, so perhaps the overall growth of the "crypto" market is an indicator that is important to consider, but I doubt that it is as important as figuring how king daddy is doing relative to the other crap..

Also, I have held a kind of tentative theory that alt coins are going to get another pump, along with bitcoin, but the performance of altcoins in the past year or so, and maybe even moreso in the past 4 months has been lending more credence to a possible outcome in which even fewer of them pump (or have any kind of season), so that might even be a better scenario in terms of bringing the importance of bitcoin more to the front - since a lot of the altcoins tend to believe their path to pumpening success is to mislead folks into believing that either there is something wrong with bitcoin or that they are serving some kind of comparable role to king daddy.... which over the years, several of us, here in these parts, have found to be negative general altcoin attributes...

[serveria.com]

is it safe to invest in btc now?

My guess is we'll be taking off to $50k+ in a few months

Shut up, your guess 2 days ago was $8k 

[serveria.com]

Pointing in the right direction, let's go !!! BTC

I was about to send you a smerit for this lovely pic; however, I was not sure about the symbolism of it?  Does it mean top?  or a double top? 

TLDR:  looks simultaneously nice and scary

I guess the nipples pointing UP?   

[JayJuanGee]

is it safe to invest in btc now?

My guess is we'll be taking off to $50k+ in a few months

Shut up, your guess 2 days ago was $8k  

Hahahahaha

podyx seems to blow with the wind.

Pointing in the right direction, let's go !!! BTC

I was about to send you a smerit for this lovely pic; however, I was not sure about the symbolism of it?  Does it mean top?  or a double top?  

TLDR:  looks simultaneously nice and scary

I guess the nipples pointing UP?  

Well, you must be a tad bit more brave of a fellow than myself.    

My mesmerization remains a bit scared, here.

[podyx]

is it safe to invest in btc now?

My guess is we'll be taking off to $50k+ in a few months

Shut up, your guess 2 days ago was $8k 

LMAO true. But I think IF we were to go down we wouldnt stay below $10k for more than a month

[Majormax]

Also, I have held a kind of tentative theory that alt coins are going to get another pump, along with bitcoin....

That is a widely held belief amongst alt hodlers/traders.  However, there is an older, and even more widely held view, that there is ultimately only room for a handful (or one dominant) long term globally adopted crypto.

That means that all the losers are on a long road to oblivion. This alt bear market is one stage on that road. It is simply natural selection. 

A hope for another pump is all that is left.  Interestingly, that chimes with investors' behaviour in stock investments.  They invariably hold losers to zero, hoping for 'one chance' to get out.

[El duderino_]

Also, I have held a kind of tentative theory that alt coins are going to get another pump, along with bitcoin....

That is a widely held belief amongst alt hodlers/traders.  However, there is an older, and even more widely held view, that there is ultimately only room for a handful (or one dominant) long term globally adopted crypto.

That means that all the losers are on a long road to oblivion. This alt bear market is one stage on that road. It is simply natural selection. 

A hope for another pump is all that is left.  Interestingly, that chimes with investors' behaviour in stock investments.  They invariably hold losers to zero, hoping for 'one chance' to get out.

I always had the belief to spread a bit of money over some ALT's just for worst case scenarios, though i'm happy I was a very convinced BTC-believer and kept around 90% of my entire crypto holdings in BTC itself...

But as Doug Polk also mentioned a few times I do think there will be some ALT's that could have some use (still if its not i'm totally happy with it as well)

[El duderino_]

is it safe to invest in btc now?

My guess is we'll be taking off to $50k+ in a few months

Shut up, your guess 2 days ago was $8k 

LMAO true. But I think IF we were to go down we wouldnt stay below $10k for more than a month

SU shut up & SU suit up  



We got some 50K to catch

[Wilhelm]

<snip>

It might be o.k. 

I have been relatively frugal all of my life, even while my standard of living did increase, so there might be some difficulties to adapt - as compared with either growing up rich or even becoming rich in your 20s, then you might be able to really adapt by the time you are in your 40s.  In my case, I am older than that.  I already had more than 30 years of investing and becoming more and more rich with a kind of exponential growth that came with bitcoin and seems to have decent chances of continuing in the coming 3-5 years or perhaps less,  as we all kind of expect a bit of a boom and perhaps even another blow-off top to happen no later than the end of 2021, but likely sooner than that.

Same here, I am well off without Bitcoin and have a good standard of living. It is good to have acquired this by myself, which let's you know what you are capable of.
As you say I am in not too young either, having Bitcoin will help me get to the point where you don't have to work ever... (even though I will continue to work).
Getting filthy rich in your 20s is not good because you have never learnt what the value of money is. Chances would be that you have blown all your money before you are 40.