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

[yefi]

Time for the bears to take down the decor and hand in the keys. It's over, you furry sacks of fat.

[1675809197]

1675809197

[1675809197]

1675809197

[soxxx]

All aboard

[heslo]

This is good, I like this! Happy Sunday (or Saturday night depending on where you are)

[bitserve]

Thanks for the reply. As you said, a nice, round $1 million would be more than enough for most people in most countries. I believe the "classic" 21 BTC is a good amount to have, which makes the above goal almost a certainty. As for me, my stash has increased since that post of mine that you've quoted, but still in double digits (*), so I guess I still have some way to go before I can consider myself financially independent, whatever that may mean to each one of us. I can safely say, however, that if when BTC/USD reaches or exceeds $100k, my personal goal (not necessarily the one stated above) will have been reached by a good margin.

(*) The above is purely hypothetical, I forgot my passphrase, all coins gone, now only have what's left in my Kraken account (around 1000 Doge I think)...

As of currently, your purely hypothetical and approximate schrodinger stash seems to be pretty healthy to me. Maybe you are not "already there" but it is within the reasonable expectations that you end up "making it" if we are patient and a bit lucky... and are able to recover the private keys when the time comes.

See? Today you (we all) are one step closer: $9157

[soxxx]

We just need to close on the weekly above the downtrend line. We are clearly above it, just need to hold this or another 21 hours. Perhaps a dip down to $8925 because of the CME gap, but this upcoming week will be another good one.

[Icygreen]

Good morning WO's, Indeed it is over $9000 looking at 9155 and climbing. This is fine.
Tet is coming soon and the karaoke parties are starting. I'm expecting prices to follow the celebrations of the next 10 days.
Friends and atmosphere all in place.  Here's a shot of our back yard currently. Any sleuths out there find this? Shouldn't be terribly difficult.

[JayJuanGee]

next stop 12,200

personally, u bear, I am rooting for $12,345.67

[infofront]

Once we get going make sure you reference the MRV-Z and Puell multiple to assess the top 

Because, you know, we will be the only ones doing that, so it will work for sure.

I think you're overestimating the wisdom of the crowd. When FOMO kicks in and things get really crazy, ala Nov-Dec. 2017, all bets are off. Most retail investors have absolutely no TA knowledge, let alone know about MVRV-Z and shit. We'll be considered "smart money" in that context, hopefully.

[bitserve]

next stop 12,200

personally, u bear, I am rooting for $12,345.67

 

Fools.

Impatient greedy fools.

[AlcoHoDL]

next stop 12,200

personally, u bear, I am rooting for $12,345.67

Or, better yet, $12,288.

Yes, I'm a power-of-two junkie, I know...

[Lambie Slayer]

Apparently if bitcoin is to repeat the last pump to ath then it should reach around 400k. Besides, it seems like it's about time to start proper pumps up. We're in for a wild ride these two coming years.

This is a chart I can get behind. 400k party sounds a lot better than 100k party.

400k means four parties, yes?

Yes

[efialtis]

Ladies and Gentlemen,

please get ready for take off!  

I knew that this day would come - just a few hours ago I persuaded a very good friend of mine to buy some BTC at last - what we are observing right now has gotta be the reward!  

Happy Sunday everybody!

[birr]

Too soon for moon^TM

[Searing]

Too soon for moon^TM

Ack! Cut to my 'soul' you fiend!

[Searing]

next stop 12,200

I need a floor of $11,111.12 USD (do the math the reason is obvious).

Thus, if that ever becomes the 'floor' or Low on Bitcoin, never to be dropped below again, as BTC goes every upward in adoption and continues to exist, I'll never, ever, whine about

my disappointment on BTC price ever again!
 :
(it's all about me people..just to be clear...)

Brad

[bitserve]

($10K+) TENacious Badger Challenge

Inspired by LFC's Vegeta Challenge, I present you my little "TENacious Badger Challenge":

As I am a little poor and stingy this is not about the money, there will be a symbolic prize of *TEN* US DOLLARS (lol) in Bitcoin (exactly 0.001BTC at $10K) for whomever is first in posting a badger after Bitcoin price crosses $10K. In addition to that you will surely earn the admiration and awe of the entire WO community for your superhuman badger-like reflexes! ... And maybe even some additional merits depending on the awesomeness factor of your very own badger post!

Rules:
====

1) Bitstamp price needs to be *OVER* $10K. Nothing can stop the TENacious badger... the fight is not over until the enemy completely bites the dust.

2) There will be only ONE winner that (in case of doubt) will be decided at my sole discretion based on whatever evidence I and other fellow WO members see.

3) I can change (only slightly for improvement) the rules at any point BEFORE the $10K goal is reached.  I will welcome suggestions too.

4) As I don't like to have standing "liabilities" FOREVER, this challenge is valid only FROM RIGHT NOW and during January and February 2020. I may later extend the period at my discretion if $10K has not yet been reached. I hope this won't be needed.

5) I have just realised that "Tenacious Badger Hops" is an already existing brand. This little challenge is in no way related to that brand in any way so, to avoid ANY possible confusion, their very own logo (nor any derived work) WON'T be accepted as a valid badger.

6) I am unsure if I should enforce the rule of posting a screen capture of Bitstamp chart to make sure the price has already just been been crossed. I accept suggestions about this but, in the meantime (if price were to cross $10K sooner than I expect) it IS REQUIRED and should be posted at the same time along with the badger. The edit button can't be used after you send your initial post. I don't (currently) know how I could 100% verify this but please don't do it: This is just for FUN.

Again, if someone thinks I should change anything or I am forgetting anything/making any mistake, please tell me! This is my first time doing this.

Also, Even if you are late to win or can't be arsed to include the Bitstamp chart, please post your badger. You won't qualify for the "prize" (lol), but I am sure we will all love to see many badgers in that "special" moment.

Go badger, go!

[kellrobinson]

Personally, I've been noticing the estimates for the bubble tops decreasing. I recall in 2018, some popular tradingview and twitter guys were claiming we were just taking a breather on the way up to $400K. Now there seems to be a prevailing sentiment that we'll top out <=$100K on the next bubble. Who knows? There are so many different prediction models that are all supported by past data, but give wildly different future results.

Those peaks represent transients.  With very few data points, less than half a dozen in bitcoin's entire history, it's hard to gin up the confidence to make predictions about the magnitude of the next peak, if any.

In contrast, there's underlying support in the form of a parabola with a horizontal axis, which has dozens or hundreds of data points (red curve, below).
It's a pleasant coincidence that a time-shift of the support curve produces another curve that just touches the tops of the bubbles that followed the first two halvings (green curve).



Extrapolating the timing of the halvings predicts the next peak between $150k and $200k.

[AlcoHoDL]

($10K) TENacious Badger Challenge

Inspired by LFC's Vegeta Challenge, I present you my little "TENacious Badger Challenge":

As I am a little poor and stingy this is not about the money, there will be a little prize of TEN US DOLLARS in Bitcoin (exactly 0.001BTC at $10K) for whomever is first in posting a badger after Bitcoin price crosses $10K. In addition to that you will surely earn the admiration and awe of the entire WO community for your awesome badger like reflexes! ... And maybe even some additional merits depending on the awesomeness factor of your very own badger post!

Rules:
====

1) Bitstamp price needs to be *OVER* $10K. Nothing stops the attack of the badger... the fight is not over until the enemy completely bites the dust.

2) There will be ONLY one winner that will be decided at my sole discretion based on whatever evidence I and other WO members see.

3) I can change (only slightly for improvement) the rules at any point BEFORE the $10K goal is reached.  I will welcome suggestions too.

4) As I don't like to have standing "liabilities" FOREVER, this challenge is valid only during January and February 2020. I may later extend the period at my discretion if $10K has not yet been reached. I hope this won't be needed.

5) I have just realised that "Tenacious Badger Hops" is an already existing brand. This little challenge is in no way related to that brand in any way and, to avoid ANY possible confusion, their very own logo WON'T be accepted as a valid badger.

6) I am unsure if I should enforce the rule of posting a screen capture of Bistamp trading screen to make sure the price has already been crossed. I accept suggestions about this but, in the meantime (if price were to cross $10K sooner than I expect) it IS REQUIRED.

7) Again, if someone thinks I should change anything or I am forgetting anything/making any mistake, please tell me! This is my first time doing this.

Go badger, go!

Nice one!

Suggestion for Rule 8: The badger & screenshot shall be posted simultaneously in the same post. The [Edit] button shall never be used to add or modify anything after the post is made.

Looks like your game is going to end soon...
...and everyone's the winner!

[JayJuanGee]

next stop 12,200

I need a floor of $11,111.12 USD (do the math the reason is obvious).

Thus, if that ever becomes the 'floor' or Low on Bitcoin, never to be dropped below again, as BTC goes every upward in adoption and continues to exist, I'll never, ever, whine about

my disappointment on BTC price ever again!
 :
(it's all about me people..just to be clear...)

Brad

Maybe 6 months to a year that number will become a floor never to be further breached?  Speculation, of course.

[bitserve]

Nice one!

Suggestion for Rule 8: The badger & screenshot shall be posted simultaneously in the same post. The [Edit] button shall never be used to add or modify anything after the post is made.

Looks like your game is going to end soon...
...and everyone's the winner!

I am thinking about that but... How can I detect if someone uses the edit button in the grace period? Is there a way?

Or maybe I should just add it to the rules and trust in the good faith of participants as this is just for fun and the prize is trivial/irrelevant.