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

[Last of the V8s]

Oh dear I seem to have lost all my bitcoin in an #unfortunateincident with a bear. Better start #stackingsats again.

[1702289092]

1702289092

[Basorexia]

[HairyMaclairy]

From the “you can’t make this shit up” file



Let’s evacuate healthy Chinese citizens to Wuhan.

[Indymoney]

Do we think 10k is in the cards this fine evening?

Doubtful.

Yea its very difficult target but feel this will happen soon.

[LUCKMCFLY]

Very interesting reading.

Bitcoin is like gold only with one unique and differentiating property. It can be transported over a communications channel.
@coinbase
 presents a bullish case for bitcoin's commodity-like value in its latest blog post:

Twitter: https://twitter.com/coindeskdata/status/1225902161843937280

Compared to gold, Bitcoin is significantly more volatile. However, Bitcoin volatility is dampening over the years. According to CoinMetrics, average Bitcoin volatility (180d) has declined compared to the first half of the decade: from 6.4% (2011–2015) down to 3.7% (2015–2020).

Source: https://blog.coinbase.com/digital-gold-scarcity-and-bitcoin-halvings-1d6cc16f3e8d

[LFC_Bitcoin]

Gone sideways too long. When moon?

Q3 or Q4 2021 my friend. Annoyingly still some time away.

What's the moon for you? Interesting ...
What are your expectations?

For me?

Moon = Anything above $60,000 I suppose.

I expect a minimum of $40,000 - $50,000 in the next big bull run.

I think we’ll hit $100,000 per coin in late 2021 to early 2022.

[jojo69]

moon=$2000

still can't believe it really

[kurious]

moon=$2000

still can't believe it really

OK, when Oort Cloud?

[JayJuanGee]

https://www.vaneck.com/globalassets/home/us/insights/blogs/investment-outlook/vaneck-digital-assets--the-investment-case-for-bitcoin.pdf

And I want to try this once at $9265: we will never see bitcoin <$9000 again.

Brave, indeed.....

JSRAW... is he correct?

What a puzzling image?

[gentlemand]

What I don't understand is how to avoid banks here for a sizeable amount of money.

Any particular reason to avoid them? Cash is pretty much impossible these days for large amounts unless you want to end up like Pablo Escobar with rotting houses built with bricks of cash.

I would definitely prefer to avoid banks but only because of the risk of money getting frozen, but the chances of that are higher with exchanges.

Any money that enters my bank will go straight into Ostrich farms. Guaranteed riches.

[jojo69]

OK, when Oort Cloud?

We have been beavering away in the asteroid belt lo these last 3 years getting our base together.  There have been setbacks, the unplanned depressurization of the Ganymede installation was especially painful for all of us.  Indeed, at times it seemed as if all was lost.  But now, as we near completion of our first interstellar probe, our spirits are buoyed by the possibilities beyond.

[JayJuanGee]

naah

10K Tuesday or Wednesday

Yep, around Feb 12th, if this channel holds up:

Jupiter9?  Is that you?

[bitserve]

What I don't understand is how to avoid banks here for a sizeable amount of money.

Any particular reason to avoid them? Cash is pretty much impossible these days for large amounts unless you want to end up like Pablo Escobar with rotting houses built with bricks of cash.

I would definitely prefer to avoid banks but only because of the risk of money getting frozen, but the chances of that are higher with exchanges.

Any money that enters my bank will go straight into Ostrich farms. Guaranteed riches.

No, I don't have any reasons, I thought that you did, that's why I was asking:

Very, very little will go into any form of bank.

Or maybe you meant that you would be directly spending it all?

While it is always good to have some good chunk of cash on hand I will have to store most of it in banks, like it or not. That's how life is nowadays.

[OutOfMemory]

naah

10K Tuesday or Wednesday

Yep, around Feb 12th, if this channel holds up:

Jupiter9?  Is that you?

Nope. If i were him, i'd be like:
Beware! "2020/02/20"...important date, the prophet of blah had his first ejaculation on a 20th feb. too, the prove is, it's written in the stars of the electric universe.

Or similar...

Try harder


EDIT: Good night at $9.794 #thisissomehint

[gentlemand]

Or maybe you meant that you would be directly spending it all?

While it is always good to have some good chunk of cash on hand I will have to store most of it in banks, like it or not. That's how life is nowadays.

No, I meant it'll go into other areas of investment. It will land in the bank and then go somewhere else where it won't be eaten alive by inflation.

[plasticAiredale]

All those trolls are in my ignore list to this day, with kwukduck at the top. Back then I used to think these people were getting paid to troll. And now at this point I'm somewhat convinced these russian/chinese troll farms that are used to sway social media got their start in the Bitcoin community. Sort of a proving ground that sowing discord can have real world effects.

"Ok newbie welcome to trollcorp, now go cut your teeth on those new fangled Bitcoiners and all their joy and exuberance".

Its actually a credit to all of you who kept this thread going and active that you have turned it into what it is today, where the negative troll effect is effectively zero.

Well howdy old timer. Lurk much?

Yep lurking is my jam,  and replying to comments way too late because I'm not paying attention is my game. This thread moves too fast for my old timey bones.

[JayJuanGee]

[edited out]

Yeah, I know it sucks JJG, aka GayJuanGee, to be completely bested with accurate observations and have your text walls and tedious quoting tactics rendered useless.

But dont worry, once you learn to be more respectful and less antagonistic to others the embarrassment will fade.  

Busted?

You are a fucking retard.. both you and your revisionist history fantasylandias.  

Hopefully, no innocent persons were damaged by your nonsense by either selling BTC or waiting to buy BTC when they should have been buying, when your stupid-ass predictions did not even come close to coming true.. except your lame-ass attention-whore seeking attempts to revise history.

I was about 90% until we hit 6000.  then I was'nt sure about this rally at all so sold for now.  

Im probably gonna wait till sub 2k.   I mean not that it's worth 2k, but the charts are the charts.   See you at the bottom of phase C, when you will be telling everyone to sell

I'll predict the future. Bitcoin won't be $10,000 ever again.

Special guests have already been invited.

Should add dumb-ass lambie-bambie to the list of retards who have a posting history of attempting to talk innocent peeps out of their coins.

[jbreher]

You sound salty. Poor thing.

Your moral compass sounds way off. Broken.
Poor(er) thing.

You know nothing of my morals.

OTOH, Excoriating someone merely because they have a conflicting opinion of the relative value of the details of otherwise similar technical implementations seems to be rather broken morality to me. But whatevs. You do you.

[kurious]

OK, when Oort Cloud?

We have been beavering away in the asteroid belt lo these last 3 years getting our base together.  There have been setbacks, the unplanned depressurization of the Ganymede installation was especially painful for all of us.  Indeed, at times it seemed as if all was lost.  But now, as we near completion of our first interstellar probe, our spirits are buoyed by the possibilities beyond.

Indeed brother. I know, I too believe.  We shall go forth and reach new horizons, never see before. We shall prevail.

[JayJuanGee]

I have been thinking about it for a while...

I am going to dump a lot from my stash when this thing goes to moon next time because I want to experience some stuff that only the rich can but I think I'll also do it because, I just want more bitcoins and stay the fuck away from the legacy banking as much as possible.

Getting rich FIAT-wise is cool and that's what most people want but the next bitcoin moon shot will also provide you an opportunity to increase your coins at least x2 and possibly x4-5. (Assuming that it will go down %80 from the ATH again)

I think I'll dump some just to buy back later and If I won't be able to, I won't be really sorry. The only thing that can fuck me in the ass in this scenario is, if FIAT becomes completely worthless like Zimbabwe dollars.

The more important question still remains regarding when you know that bitcoin has mooned, and you are not really going to know until after the fact.

Seems to me that you are inclined towards attempting to get rich too quick, and are likely NOT going to play this very well if you are inclined towards selling most of your stash and attempting to time the market without holding on to some BTC...

But may you will get lucky?  Perhaps?  Perhaps?

I have been thinking about it for a while...

I am going to dump a lot from my stash when this thing goes to moon next time because I want to experience some stuff that only the rich can but I think I'll also do it because, I just want more bitcoins and stay the fuck away from the legacy banking as much as possible.

I want a sizeable chunk out and it's going to stay out. Somewhere around half will do. That's not for the sake of riches, there may not be all that much, more for stability and the ability to focus on other things without having to pay so much attention. I want to be interested, not compelled.

These cycles are just too boring now. It's not stressful or disappointing but I'm sick of being tied to the same old waves of hysteria followed by years of dullness. The idea of doing it all again all in beyond this move upwards, if there is to be one, feels like more than I'm willing to endure.

Very, very little will go into any form of bank.

Same question.

How are you going to know when moon is reached?

I have been thinking about it for a while...

I am going to dump a lot from my stash when this thing goes to moon next time because I want to experience some stuff that only the rich can but I think I'll also do it because, I just want more bitcoins and stay the fuck away from the legacy banking as much as possible.

I want a sizeable chunk out and it's going to stay out. Somewhere around half will do. That's not for the sake of riches, there may not be all that much, more for stability and the ability to focus on other things without having to pay so much attention. I want to be interested, not compelled.

These cycles are just too boring now. It's not stressful or disappointing but I'm sick of being tied to the same old waves of hysteria followed by years of dullness. The idea of doing it all again all in beyond this move upwards, if there is to be one, feels like more than I'm willing to endure.

Very, very little will go into any form of bank.

I share your pain/feeling there.

Somewhere around half looks too much for me though... unless a good chunk of that is for rebuying later. But of course, everyone goals and circumstances are different.

What I don't understand is how to avoid banks here for a sizeable amount of money.

I mean, P2P or even OTC and whatever for the sell, yeah, but then storing heaps of *cash* sounds like a big pain in the ass in many senses.

Also there are lots of limitations on what you can do with that cash... And those limits seem to keep being reduced time after time... And once you go the way of cash you cannot easily convert that cash into banking fiat (which is necessary for any big purchases, like real estate, cars, boats... or even one of those "supercharged" Mac Pro's).

Now THAT reminds me one of the reasons why I didn't sell *anything* in 2017... The logistics and decision making is a big pain in the ass. It is not as easy as just "pull the trigger".

Exactly part of the additional rationales regarding why incrementalism remains a much better practice.  And, even incrementalism has decent chances of accumulating way the fuck more fiat than you wished to have to deal with....

In my humble bumble opinion, it is probably best to pay some taxes with some of that so you do not have to be looking over your shoulders instead of actually enjoying hookers, lambos and blow.