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

[Wilhelm]

problem with my chart.

man, I'm an asshole today

No this is BitcoinArt^tm

[mindrust]

Choo Choo motherfuckers

[_javi_]

$10,167

Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?

Probably not!

If we manage to break $11200 and stay there for a while, I'd say yes.

Anon's 3rd prophecy is about to become true.

Anon 2020!

My wife reminds me Anon prophecy daily. I shouldnt have shown that meme to her.

Lets see...16k next month?? yesss.. go Anon, go! Anon for president! lol

[JayJuanGee]

[edited out]

Correction: most men and most women are pieces of shit. Other than that, very nice post.

Holy shit!!!

Roach is that you taking over Lauda's account with your pessimism regarding the nasty, brutish and short aspects of life that devolves into everyone sucks?

[Raja_MBZ]

Bitcoin dominance is about to hit another yearly high as well. I'd not be surprised if its dominance actually manages to hit about 70% by the end of the year:



Alts are probably going to bleed more from here if BTC doesn't stabilize! Ain't it amazing?

Update:

Fuck you, alts

[SuperTA]

The difference between jojo69 and Wilhelm? Wilhelm tries to find the best things from a person while jojo69 finds the worst things.  

But that picture is funny. I laughed.

[JayJuanGee]

@mindrust : Mixing customer- business with friends- relationship?

Satan bless loves you.

People are people. Most of them are fucktards.

*observing $9920, this is the last day under $10k boois!

No more 4 digits?  Ever?

[serveria.com]

[edited out]

Correction: most men and most women are pieces of shit. Other than that, very nice post.

Holy shit!!!

Roach is that you taking over Lauda's account with your pessimism regarding the nasty, brutish and short aspects of life that devolves into everyone sucks?

Obviously not as white males don't suck according to roach... well I mean if they're not jews  

[El duderino_]

The new Bugatti .... tops 300mls .... koenigsegg preparing to beat that with there NEW one....

Good good....

Many BTC’s Will need those wheels

[JayJuanGee]

Bitcoin wanna test $10k resistance, although , $9075 support hasn't been hit yet,  Another lower high been created here hopefully it cross the $10k price,  the level of bitcoin dominance is still high,  I'm still wondering when altcoins season is gonna come up,

You may have found ur selfie in the wrong thread.

We don't give hardly any shits, here, about alt coins or a possible alleged alt coin season.

I am speaking for everyone who is anyone in this thread in this regard, so the rest of you peeps better fall in line.... otherwise "we" are going to create a day for bashing you all alt coin pumpeners (who are likely continuing to lose your asses waiting for "alt coin season"), and it might even end up being on thursdays...   go figure.      

Bitcoin wanna test $10k resistance, although , $9075 support hasn't been hit yet,  Another lower high been created here hopefully it cross the $10k price,  the level of bitcoin dominance is still high,  I'm still wondering when altcoins season is gonna come up,

Altcoins always trail bitcoin. Usually when getting your hands on Bitcoin gets harder and the FOMO hits the public (when everyone at work,school,shop,street,etc. is talking crypto).

So keep calm and accumulate!  

What if I told you an alt coin season is NOT guaranteed? 

 

[El duderino_]

Boys a bit movie OT.....

But F*** i’m seriously looking forward to see The joker...

[Torque]

Fuck you, alts

Pretty remarkable that it's gaining, considering that CMC lists hundreds of new shitcoins per month with (supposed) million dollar market caps that continue to pull down BTC dominance number.

[Wilhelm]

105BTC wall on bitfinex 

[Torque]

Boys a bit movie OT.....

But F*** i’m seriously looking forward to see The joker...

It would be great if a comic book movie could prove that deep character arc and story actually matter to the audience...like the great movies of old... (like Batman Begins)

[El duderino_]

Boys a bit movie OT.....

But F*** i’m seriously looking forward to see The joker...

It would be great if a comic book movie could prove that deep character arc and story actually matter to the audience...like the great movies of old... (like Batman Begins)

I’m very excited about this one.... the “first”  comments and reviews are the highest I have ever seen I think... 9.7/10

[Dabs]

The Joker trailer and laugh ... so creepy and authentic. It even makes you feel bad for Arthur Fleck ... also set in the past makes it a nice period type movie.

[JayJuanGee]

One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.

Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc.
BTC is a hard money, but you need to exchange it to soft money to live off of (for now).

It's totally possible to replace a salary with interest payments on Bitcoin holdings without selling.
If you have held for enough years.
The only option I know is Celsius.

yes, blockfi and Celsius, but such interest is not "native" to bitcoin blockchain and comes from a third party re-hypothecating your btc that you "lend" to them.
Essentially, you have to assume that they don't go belly up somehow and would always return your btc.
Do you feel lucky, hodler?

That is true, you must investigate their reputation and trust them.

I've held since 2013, i feel like I earned the reward.  Superhuman patience is required that very few posses.

Freebitco.in gives you %4.08/year with a daily compounding interest. I have some bitcoins there. A bit risky but I am biting the bullet here.

I have been biting at the chomps about whether I should respond to this thread of conversation, and you surely have to weigh your risks when you put some of your BTC stash with some of those third party entities to "earn interest."

I can surely understand the urge to earn more BTC, but there is really no free lunch, and personally, I think that many peeps are going to be way the fuck better off to just accumulate as much BTC as you can by just buying it or any other reasonable way that is available to you without putting your principle at unnecessary risks.

Accordingly, if you are able to accumulate a sufficient amount of BTC, then you can live off of it's likely appreciation in value, which seems to be goddamned likely, especially if you have at least a 5 year timeline (3.5 years has been the historical bare minimum in BTC, but history does not guarantee future results). 

So, I am suggesting to accumulate enough that you can calculate a withdrawal rate that goes to a decent amount of years in your life that is likely to only affect maintenance levels of withdrawal of your BTC but then you can also go on a more aggressive withdrawal rate if you believe that your life is going to end at a certain period of time (which is likely difficult to measure with any kind of precision).

In previous posts, I have gone into detail about what I would consider to be a reasonable maintenance withdrawal rate, which is 1% per quarter.  Anyhow, you can apply BTC quantities to your own life style situation (or expectation of standard of living) to figure out how many BTC you would need in order to be able to sufficiently use BTC income to pay for all of your expenses or to supplement any other income that you might have in order to achieve a maintenance level of withdrawal versus a depletion of principle rate of withdrawal.  Of course the depletion of principle rate of withdrawal is the more aggressive of the withdrawal systems.

[Biodom]

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.

The problem with that chart is, the other 4 chars I shared were predicting $80-100k as the top, this one says it can go as high as $500k.

Where is the problem? If this one happens to be true and the others not, I won't be having enough btc to enjoy that  $500k. I know I'll be having at least 1, but is it enough?

People will he cashing out to lambos like there is no tomorrow once we go above 50-60k. I find it pretty unrealistic to see it going above $100k in this bull run but who knows... what if...

It seems that you should prepare for both realistically bullish and outlandish scenarios, including the possibility to that we reach $500k in the next cycle.

Based on my knowledge of your BTC holdings, to me, it does seem as if you would be selling too much if you are down to 1 BTC anywhere after (or above) $100k.  

On the other hand, it might end up working out for you to sell higher amounts, yet it seems that you gotta figure out what level is actually comfortable for you, even  if it seems extreme and unlikely to happen.

There were surely some BTC HODLers who thought that $5k was the absolute top in the 2017 cycle and maybe they had only 1BTC after that, but then they were then paralyzed in selling it above $10k too because they felt that they had already sold their stash or shot their wadd by too much and too early.

My current 'feel' is pretty much inline with planB major thesis.
Unless something happens to break it, I would use his graph as a guideline.
Predicted value is 55K at the halving, then slowly moving about 2-3 fold from there toward next halving.
However, going backwards, btc was "supposed' to be at $3700 when it peaked at almost 20K, so it was roughly 6X predicted.
Therefore, the range of the next ATH is most likely 55k-330K with about 180-190K mid range.
When to sell depends on when the true parabola starts going fast.

TL;DR If planB is correct, we are going to 55K-330K as the next ATH. Midrange target of 150-200K is very appealing, albeit I might sell some at 120K. t

[LFC_Bitcoin]

@Biodom
Give me some of that sweet, sweet HOPIUM 

[JayJuanGee]

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