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

[soxxx]

Final difficulty adjustment in 2 hours

https://btc.com/stats/diff

[xhomerx10]

Final difficulty adjustment in 2 hours

https://btc.com/stats/diff

 I sincerely hope there are many more 

[Toxic2040]

every journey begins with a step


climb the mountain
4h


resistance to support
D

[bitebits]

You guys with your stacked terabyte HDD’s. I’ll stick to the 1.44 MB not so floppy disks, conveniently strung together with a little help of ARJ. Even has a read only switch for eternal storage. Who needs blockchains.

[Cryptotourist]

Elon Musk is selling his two houses (worth about $40 mil in total) and saying, ostensibly, that he would have "no possessions" because:

1. he thinks that we are at a RE top
2. he became a "revolutionary" [after mouthing off something something about "fascists"]
3. he is moving to China
4. he is selling TSLA to some Middle Eastern sheiks and would move there (Dubai?)
5. he is moving to Mars
6. he merged with AI and is about to control us all
7. he is having a midlife crisis
8. he is using RE sales to fund his BTC purchases.

What's it going to be? Please come up with %% of probability if you like.

7 - 5 - 8, in that order.

[JayJuanGee]

This may have been our last opportunity to get coins for under $9k, boyz!!!!!

Edit:  Oops, FTFM ---- I am too slow in my typing.  

Hunt and peck all of my posts, you know?

 


Say goodbye to those boring sub $9k prices, and all the losers who forgot to pee pare their lil selfies for UPpity.
 

Pour another one out for the homies.

[Syke]

9k, we finally did it!

[HairyMaclairy]

I may be the only one here with no data worth saving....

[marcus_of_augustus]

Musk has only put 2 out of 6 Bel-Air Country Club properties up for 'owner sale'.

2 of more than 7 total 'houses' he's long on RE https://www.businessinsider.com.au/elon-musk-spent-100-million-on-six-houses-2019-12

Don't believe all the BS. He's definitely having a serious mid-life episode, his tweenie-looking goth girlfriend is knocked up and expecting any day, expecting to get a massive payout that is.

[hodl_2015]

Elon Musk is selling his two houses (worth about $40 mil in total) and saying, ostensibly, that he would have "no possessions" because:

1. he thinks that we are at a RE top
2. he became a "revolutionary" [after mouthing off something something about "fascists"]
3. he is moving to China
4. he is selling TSLA to some Middle Eastern sheiks and would move there (Dubai?)
5. he is moving to Mars
6. he merged with AI and is about to control us all
7. he is having a midlife crisis
8. he is using RE sales to fund his BTC purchases.

What's it going to be? Please come up with %% of probability if you like.

9. He doesn't sleep enough.
10. Try owning 5 7 multi-milion houses, with staff and maintenance and everything, when spending 20/7 at work anyway.
11. He made a profit but it's not as good as investing in his own stock. (He has mortgages on those houses to buy stock anyway)
12. He is going back to Mars.

[Toxic2040]

warp speed Scotty...give her all shes got!


there seems to be a break out in progress  dyor
1h

stronkhands

[VB1001]

Pantera Capital CEO: Bitcoin Could Peak Over $500K in August 2021

Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of over $500,000 in August 2021.

The San Francisco-based blockchain and cryptocurrency hedge fund founder made the comments in a April 30 letter to investors examining the performance of Bitcoin (BTC) prior to the May 12 rewards halving in comparison to gold, oil, and venture capital.

Initially hesitating to make any kind of prediction, saying he was “of two minds” as to how the halving would affect the price of the cryptocurrency, the CEO acknowledged “if the new supply of bitcoin is cut in half, all else being equal, the price should rise”:

“Bitcoin has historically bottomed 459 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards. The post-halving rallies have averaged 446 days – from the halving to the peak of that bull cycle. In this cycle, the market did in fact trough 514 days before the halving.”

However, Morehead then dropped a bombshell prediction:

“IF history were to repeat itself, bitcoin would peak in August 2021 – at $533,431. Obviously that’s a big IF. That price sounds ludicrous.... Just sayin’ that there’s more than a 50-50 chance bitcoin goes up – and goes up big.”

https://cointelegraph.com/news/pantera-capital-ceo-bitcoin-could-peak-over-500k-in-august-2021

This sounds a bit stratospheric, but the badger is capable of many things, In no case sell all your BTC.

Hi, $9,000

[cafetools]

HELOOOOO Hugeeeeee green candle 9k + whooooo!!!!!!!!!!!!!

[JayJuanGee]

Remember a couple of days ago we had $9,207, and about 5 days ago we had $9,485 (aka a fluke, or was it a "gift"?)....


so maybe rockets are in order.....?


or perhaps, just perhaps, this is all fake?  an illusion?

[Cryptotourist]

I may be the only one here with no data worth saving....

Exaggerating again, I think we can agree, that the only data worth saving, is in vinyl.

edit: that and BTC blockchain of course.

[HairyMaclairy]

Gentlemen prefer vellum

[Cryptotourist]

Pour another one out for the homies.

Good morning, good evening, and good night Jay.
How do you feel today?

Gentlemen prefer vellum

BTC blockchain in velum, gotcha.

#so_Sumerian_not

[VB1001]

Remember a couple of days ago we had $9,207, and about 5 days ago we had $9,485 (aka a fluke, or was it a "gift"?)....


so maybe rockets are in order.....?


or perhaps, just perhaps, this is all fake?  an illusion?

Well, in December 2017 we went from 10,000 to almost 20,000 in approximately 14 days, I am ready to go up or down, although I prefer to go up.

[Icygreen]

Elon Musk is selling his two houses (worth about $40 mil in total) and saying, ostensibly, that he would have "no possessions" because:

1. he thinks that we are at a RE top
2. he became a "revolutionary" [after mouthing off something something about "fascists"]
3. he is moving to China
4. he is selling TSLA to some Middle Eastern sheiks and would move there (Dubai?)
5. he is moving to Mars
6. he merged with AI and is about to control us all
7. he is having a midlife crisis
8. he is using RE sales to fund his BTC purchases.

What's it going to be? Please come up with %% of probability if you like.

1. 30% chance
9. option should be: Elon thinks we are nowhere near the top and wants to convince you to sell your shares early. 70%

[Biodom]

Pantera Capital CEO: Bitcoin Could Peak Over $500K in August 2021

Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of over $500,000 in August 2021.

The San Francisco-based blockchain and cryptocurrency hedge fund founder made the comments in a April 30 letter to investors examining the performance of Bitcoin (BTC) prior to the May 12 rewards halving in comparison to gold, oil, and venture capital.

Initially hesitating to make any kind of prediction, saying he was “of two minds” as to how the halving would affect the price of the cryptocurrency, the CEO acknowledged “if the new supply of bitcoin is cut in half, all else being equal, the price should rise”:

“Bitcoin has historically bottomed 459 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards. The post-halving rallies have averaged 446 days – from the halving to the peak of that bull cycle. In this cycle, the market did in fact trough 514 days before the halving.”

However, Morehead then dropped a bombshell prediction:

“IF history were to repeat itself, bitcoin would peak in August 2021 – at $533,431. Obviously that’s a big IF. That price sounds ludicrous.... Just sayin’ that there’s more than a 50-50 chance bitcoin goes up – and goes up big.”

https://cointelegraph.com/news/pantera-capital-ceo-bitcoin-could-peak-over-500k-in-august-2021

This sounds a bit stratospheric, but the badger is capable of many things, In no case sell all your BTC.

Hi, $9,000

the original article has a more "modest" $115K prediction, not sure where the $533K number came from.
https://medium.com/@PanteraCapital/macro-impact-on-bitcoin-pantera-blockchain-letter-april-2020-1fdc792d4f33

...that would imply about 40% as much price impulse — bitcoin would peak at $115,212 /BTC.