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

[bitserve]

Just looking at this from a strictly numbers view, putting all emotions aside about death and doom, etc.

Coronavirus mostly kills older people. Older people mostly don't own Bitcoin and have little interest to buy it compared to younger people. When they die they leave money and assets to younger people. Younger people use money and sell assets to buy Bitcoin. Moon.

except this old person. i plan to die with zero btc (or most any assets actually) left. the timing is iffy; im still working on a workable timeline for the various events planned.

How do you plan to do that? I mean, it is difficult to really calculate the ratio of spending when there are many uncertainties like how many years you have left, what emergency spendings you might incur into, etc...

The only financial products that may help some here are: Reverse mortgage and some private pension funds. But it is still insufficient to really achieve the perfect optimisation of reaching ZERO just as the time is over.

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[Gyrsur]

waiting for the Banksters if they short that thing?  

[JimboToronto]

Under ten and back.
It's still too early for me
To drink a shot though.

I'll stick to coffee
And wait until happy hour
And have a shot then.
_____

Coronavirus mostly kills older people. Older people mostly don't own Bitcoin and have little interest to buy it compared to younger people. When they die they leave money and assets to younger people. Younger people use money and sell assets to buy Bitcoin. Moon.

except this old person. i plan to die with zero btc (or most any assets actually) left. the timing is iffy; im still working on a workable timeline for the various events planned.

Any assets this old person leaves will be mostly Bitcoin. I see Bitcoin increasing in value faster than I can spend it.

Sure I have fewer coins than I had at my peak but I'm only spending them as necessary to maintain my lifestyle of living happily ever after.

My total may not be worth as much as in late 2017 but in a couple of years I'll be able to consider myself rich and not merely comfortable.

Hopefully I'll still have lots to leave my heirs.

[Gyrsur]

I see Bitcoin increasing in value faster than I can spend it.

then take two girlfriends instead of just one and the money will disappear much faster.

[VB1001]

@APompliano

Bitcoin just hit $10,000.

I still think that Bitcoin will hit $100,000 by end of December 2021.

Fixed supply. Increasing demand. Time will tell.

https://twitter.com/APompliano/status/1226345100579459075

[JimboToronto]

I see Bitcoin increasing in value faster than I can spend it.

then take two girlfriends instead of just one and the money will disappear much faster.

The one I've got now is extremely jealous. 

[bitserve]

Sent, I think:

https://blockstream.info/tx/b77a07e67b9cbebc0deaf8b1bcadc27312a71d5bc991933be4ee98635a1c904e

And congrts again!!

Confirmed!
Thank you!

All them long days of manual trading paid off in them quick clicking skills I guess

Indeed. Managing to beat a previous Vegeta winner (Icygreen) by a full 8 seconds is certainly impressive!

Well done. Very well done.

[vapourminer]

except this old person. i plan to die with zero btc (or most any assets actually) left. the timing is iffy; im still working on a workable timeline for the various events planned.

How do you plan to do that? I mean, it is difficult to really calculate the ratio of spending when there are many uncertainties like how many years you have left, what emergency spendings you might incur into, etc...

The only financial products that may help some here are: Reverse mortgage and some private pension funds. But it is still insufficient to really achieve the perfect optimisation of reaching ZERO just as the time is over.

yeah. but the planning is half the fun.

[BitcoinNewsMagazine]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

[JL0]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you  So this would be around ~ $9K right ?

[mindrust]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you   So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.



*Btw, it never touched 20 WMA when it started going up from $3.8k to $14k so it might not be as valid as BitcoinNewsMagazine thinks. LFC's idea is probably a better one. Buy while you still can.

[LFC_Bitcoin]

Always a good time to buy bitcoin, just zoom out & look at the overall price direction since the 1st block was mined.

FFS though guys, talking about when the perfect time to buy is, hoping for a dip etc. You should have been DCA’ing since $3,000.

How many times does it need to be said, there’s never a perfect time to buy but you don’t wait for a 170% 12 monthly surge to start buying. I hope you’ve been DCA’ing, that’s all I will say.

This train waits for no man, the halving is very soon & you’ll see something special again in the next 2 years. Buy now & claim huge profits in the short to medium term future.

[JL0]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you  So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.

Thank you

[jojo69]

10K is the new 7K

[LFC_Bitcoin]

10K is the new 7K

Suppose we should head off to $13,000 pretty soon

[Ibian]

OK..
I think this thread is worse than 4chan as far as the mexican beer conspiracy goes.. lol

Contagious at hundreds of meters and develops no immunities so you can get infected over again?
We would all be dead..

I don't live anywhere near a city, but have a kid in the house that goes to public school..
A possibly 2 week non-symptomatic but contagious incubation period on top of "hundreds of yards" and "repeat infections"..
No chance..

That's an end of the world situation.. Must be BS.. Or I don't care how many guns and masks and food you think you have on your secluded property.. Sooner or later you're game over..

Will*. We WILL all be dead. Muahahahaha!

But seriously 40k infected now. The virus is spreading wooo~

[LFC_Bitcoin]

@hodlonaut
All that time to stack sats under $10k was a golden opportunity.

Remember that time to stack under $20k is also a golden opportunity.

Same goes for $50k.

We are super early. There is still zero broad understanding of Bitcoin and its uncompromising scarcity. Be grateful.
https://twitter.com/hodlonaut/status/1226557202493853703?s=21

[Ibian]

- Death toll from outbreak of coronavirus rises to 813 (surpassing the death toll of the SARS outbreak), 37,553 confirmed cases worldwide, 28,942 suspected cases, 6,196 in critical condition and 2,681 recovered.

- 6 new cases of coronavirus on cruise ship near Tokyo, raising ship's total to 70.

- 400m people under lockdown that’s larger than the entire US population! Turns busy Chinese cities into ghost towns.

- Singapore reports 7 new cases, 4 patients in the city-state are now in critical condition.

- Two new coronavirus cases in the UAE.

- Confirmed cases in Japan climbs to 90.

- 5 people who were diagnosed with coronavirus in France are all British nationals.

- 30 medical staff in Wuhan Mental Health Center were diagnosed with the virus.

- Thailand reports 7 new cases of coronavirus, raising country's total to 32.

- U.S. citizen dies of coronavirus in Wuhan.

- Royal Carribean Cruises has placed a ban on tourists with a Chinese, Hong Kong, or Macau passport as well as anyone who has been there in the past.

- Toyota and Honda extend China plant shutdowns over coronavirus.

- IPhone maker Foxconn tells employees at Shenzhen facility not to return to work until further notice.

- Steel, copper, gas producers have had shipments stalled as China's manufacturing activity slows due to virus outbreak.

- Patients who recover from coronavirus can get infected again.

If you can get reinfected, would't that mean that a vaccin is impossible? I would like to get some more info on that before I believe it.

It'd be like the flu. Just something that happens every so often.

[BitcoinNewsMagazine]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you   So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.



*Btw, it never touched 20 WMA when it started going up from $3.8k to $14k so it might not be as valid as BitcoinNewsMagazine thinks. LFC's idea is probably a better one. Buy while you still can.

Sure it did early in the last bull run. If you want to be assured of getting filled just adjust your buy price up a few percent above the weekly 20 MA. Later in a bull run you need to use oversold indicators.

[mindrust]

Pro tip for free: at some point in a bull run BTC price will touch the weekly 20 MA. Use that as a low risk entry. Takes patience, just put in your buy order and adjust.

Thank you   So this would be around ~ $9K right ?

More like $8.2-8.4k right now but it will probably get closer to 9k later on if it keeps going up without a correction.



*Btw, it never touched 20 WMA when it started going up from $3.8k to $14k so it might not be as valid as BitcoinNewsMagazine thinks. LFC's idea is probably a better one. Buy while you still can.

Sure it did early in the last bull run. If you want to be assured of getting filled just adjust your buy price up a few percent above the weekly 20 MA. Later in a bull run you need to use oversold indicators.

Why are our lines different than each other though? Did you mean 20 WMA or 200 WMA or something else?, kinda confused. Sorry, small screen, now i see

The oracle has spoken btw, masterluc says $6k is incoming.

https://www.tradingview.com/chart/BTCUSD/ME0DngUr-Short-term-analysis-ending-diagonal/

Tldr; If it goes to $11k, this prediction becomes invalid. If not, $6k.
*If this happens I am going all-in.