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

[eXPHHorizon]

What if the Mayans Calendar was mistranslated ? Instead of 21.12.12 it means 12.12.21 ? 

[Jacques_Bittard]

[Last of the V8s]

Good afternoon WO!
Observing @ $8,868

Many are talking about miners. Waiting for hash-rate to get down or price to go up to make mining profitable, so many things. But I say, just wait and see. There will be a balance as usual, nothing to be worried too much. There was a balance always and will be always.

Bitcoin is strong since the day it was created.

You run a bitcoin strip club or something? How's it working out with all this social distancing?

[bkbirge]

All the states got extra snoopy when we were locked in, started using zoom and generally mucking about more on home pc's and mobiles. Most of the geeks are at home not on site. Expect a big nation-state cyberattack in the next few months. If only to keep the theme of "wtf 2020?" going. Would be sad if the pos terminals in supermarkets failed for a few days. Or large swathes of the West lost power for a while.

Surely a large meteorite strike, Yellowstone eruption event, ozone layer hole and New Coke are all on the menu for the second half of 2020?

In terms of actual likely upcoming issues, hurricane season is about to start. A major hurricane in the middle of a pandemic lockdown would be.. um.. interesting.
https://weather.com/storms/hurricane/news/2020-04-01-2020-atlantic-hurricane-season-april-outlook

The 2020 Atlantic hurricane season is predicted to be more active than usual, according to an outlook released Thursday by the Colorado State University Tropical Meteorology Project.

The group led by Dr. Phil Klotzbach calls for 16 named storms, eight hurricanes and four major hurricanes. A major hurricane is one that is Category 3 or higher (115-plus-mph winds) on the Saffir-Simpson Hurricane Wind Scale.

This forecast is above the 30-year average (1981 to 2010) of 12 named storms, six hurricanes and three major hurricanes.

Can't wait for those airdropped paper towels.

[JimboToronto]

Good morning Bitcoinland. A new day a new block reward.

I see we've started to creep up ever so slowly after yesterday's halving-day clusterfuck...  currently $8903USD/$12468CAD (Bitcoinaverage).

Still a year before the real fireworks. Still an ATH before year's end would be nice.

Go Bitcoin go.

I know a friend of a friend who won $2M in the lottery. In 2 years he was broke and owing money to banks for a half-built luxury house he never managed to complete.

Yeah, those people treat it as income, not capital. Like they're going to recieve $2M every year.

Brainwashed with the paycheck/employee mentality.

Riding the wealth/poverty rollercoaster a few times knocks that out of you.

"Living large" in in pursuit of a "reputation" in Vegas and Hollywood? Lawl. Maybe next time he/she (it?) will be more careful with his/her (its) money and quit trying so hard to be such a snowflake.

Oops. Didn't mean to sound like a boomer. I'm not just an okay boomer though. I'm a special one-of-a-kind boomer, a snowflake boomer.  

[serveria.com]

Look who's back! 

[JimboToronto]

Good afternoon WO!
Observing @ $8,868

Many are talking about miners. Waiting for hash-rate to get down or price to go up to make mining profitable, so many things. But I say, just wait and see. There will be a balance as usual, nothing to be worried too much. There was a balance always and will be always.

Bitcoin is strong since the day it was created.

You run a bitcoin strip club or something? How's it working out with all this social distancing?

If a gentleman's club has naked women, what does a girl club have?

[Last of the V8s]

naked lesbians?
one would hope

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $8,868

Many are talking about miners. Waiting for hash-rate to get down or price to go up to make mining profitable, so many things. But I say, just wait and see. There will be a balance as usual, nothing to be worried too much. There was a balance always and will be always.

Bitcoin is strong since the day it was created.

You run a bitcoin strip club or something? How's it working out with all this social distancing?

My stipper is still too young to entertain the gents 😜

She is still licking her thumbs when she watch her YouTube channels. At the moment her interest is in Daisy Bell and let us learn the number song
https://www.youtube.com/watch?v=w98l2EFR6dE
https://www.youtube.com/watch?v=fHqjNHxmB7c

If a gentleman's club has naked women, what does a girl club have?

Naked WO oldies 😝

[jojo69]

naked lesbians?
one would hope

https://www.youtube.com/watch?v=RLW1oHSnQmY

[Febo]

There are currently about 18,375 million bitcoins in circulation. Think I read about four million bitcoins are considered lost, including the estimated one million bitcoins owned by Satoshi that never moved.

That means that there is a real stock of 14,375 million bitcoins. And with a block reward of now 6.25 bitcoins, there are 328,500 new bitcoins mined per year. This puts the inflation of Bitcoin for the next 365 days at around 2.8%.

Yes people tend to forget this. But you made a mistake in your calculation it is 2.3% and not 2.8%.  However you look at it, it is very close to Gold. Bitcoins future is scarce.

[LUCKMCFLY]

ChartsBTC Update.

The 3rd #bitcoin halving cycle is complete Cara de festejo
Genesis $0
1st Halving $12
2nd Halving $658
3rd Halving $8,572

Source: https://twitter.com/ChartsBtc/status/1260230406835630084

[Last of the V8s]

Good afternoon WO!
Observing @ $8,868

Many are talking about miners. Waiting for hash-rate to get down or price to go up to make mining profitable, so many things. But I say, just wait and see. There will be a balance as usual, nothing to be worried too much. There was a balance always and will be always.

Bitcoin is strong since the day it was created.

You run a bitcoin strip club or something? How's it working out with all this social distancing?

My stipper is still too young to entertain the gents 😜

She is still licking her thumbs when she watch her YouTube channels. At the moment her interest is in Daisy Bell and let us learn the number song
https://www.youtube.com/watch?v=w98l2EFR6dE
https://www.youtube.com/watch?v=fHqjNHxmB7c

If a gentleman's club has naked women, what does a girl club have?

Naked WO oldies 😝

I think you mean sucking her thumbs, but coincidentally, you're wearing a Bruno RIP avatar and well there's always this

Nice!
But i don't need the miner. I just want to have the shirt and 49BTC seems very fair! You know what? I'll get one for my mom,too!

Excellent decision to purchase! I've updated the order list with your orders.

Avenger Industries - we'll sell Uranus to anyone!

Have you anything slower? That is too fast, maybe pluton?

We are thinking of doing a USB version - the USB Uranus. The slogan is difficult, the latest one was turned down by marketing for some reason?

The USB Uranus - stick it - up your hash!

Seems okay to me?

I wanna thumb Uranus

so perhaps you meant licking idk i confuse

[Krubster]

[Last of the V8s]

It's like the Bible. There's a Bruno quote for every occasion.

[Toxic2040]

the morning wall report

Good morning all.


forward at a walk towards vegeta once again
1h


strong support and tight ranges in the price have the lagging span attempting to bounce upwards out of rising cloud cover     #dyor
4h

#stronghands

[JimboToronto]

naked lesbians?
one would hope

I think you're right.

Ever notice how not only men's mags but women's mags also have beautiful women on their covers?

The only magazines with men on their covers are gay/bodybuilding mags.
___

Raja could be right too though. During my bar gigging  days we sometimes had to share our dressing room with the dancers on Lady's Night.
From what I saw, the vast majority of male strippers are gay. It was always hilarious if not a little awkward having an ultra-hetero rock&roll band sharing a dressing room with them. We were drinking beer and smoking doobs and they were adjusting their dildos.

[JayJuanGee]

https://www.reddit.com/r/Bitcoin/comments/2y97hl/the_next_bubble_the_10k_25k_one_will_be_epic_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Fun prediction from 5 y back

The post was in early March 2015  - which surely was a negative time in bitcoin, including that BTC prices had spiked below $200, and even close to $150, and largely through the nearly 8 months BTC prices had difficulties getting out of the $200s.

So, very trying times, and with the passage of time, predictions like that increasingly seemed more and more pie in the sky.

Many of us became a lot more conservative in our BTC predictions, but still did not necessarily make bitcoin a bad investment at that time, even while so many people were worried that the bottom might not be in.

If any of you remember 2015 (or you can look at charts), maybe there are a lot of similarities to where we are at, currently - even though price performance never seems to play out with exact parallels, but in mid January there was a BTC price spike down to the $150s, and even though in January we had shortly bounced above $300, the next 7-ish months were largely flat, and we even experienced another testing the bottom correction down to $198 or something like that at the very end of August.  

So, even if many of us were hoping that the bottom was in with that mid-January move, it remained far from clear for a long time, and even when the late 2015 recovery came, there remained a lot of ongoingly shell shocked HODLers, including yours truly, and a few other members in this thread have recounted similar levels of trauma from that period.

How to apply to the present?  We don't know for sure if the bottom is "in" or not, but I will confess that I have found this whole 2018 to 2020 correction to be much MOAR comfortable than the 2014-15 correction.  Sure this one seems to be dragging out longer, but we have had quite a few decent BTC price spikes towards the UPPITY along the way, but still, we cannot be sure if the bottom is "in" yet, and there sure are a lot of nocoiners who are wishing for another correction, and the odds really just seem to be quite decently well against them, especially if they are trying to be realistic about the odds of BTC correcting so low again. Sure, I can seem $7ks being tested and even lower, but those waiting for sub $5k seem to have decently good sized odds against them, beyond maybe some kind of a spike, and we surely know that there can be downward spikes at any time that really test our resolve - especially in the kind of uncertain times that we currently are going through - with ongoing supply chain disruptions that are likely NOT going to resolve anytime in the near future.

https://www.reddit.com/r/Bitcoin/comments/2y97hl/the_next_bubble_the_10k_25k_one_will_be_epic_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Fun prediction from 5 y back

Interestingly enough, that user has absolutely no crypto any more and is flat broke from the last update that I saw from them; pretty sad story really

That's somewhat ironic, but surely a pattern that we have seen with some bitcoin hodlers talking a BIG game, but do not have a solid follow-through plan to stick with holding onto some of their BTC during outrageous bitcoin price movements that have happened and likely to continue for quite some time into the future.

[Elwar]

I know a friend of a friend who won $2M in the lottery. In 2 years he was broke and owing money to banks for a half-built luxury house he never managed to complete.

Yeah, those people treat it as income, not capital. Like they're going to recieve $2M every year.

My retirement plans were based on working until I had $1.5 million.

$250k was for a home that was as self sufficient as possible so that my monthly bills were just mainly property taxes, internet, insurance, etc. Electricity from solar, water from rain/well.
$250k was for a business or investment to draw a regular pay. I figured something that I would need to put some time into but still be able to have free time. With a 10% return...$25k per year of spending money.
$1 million for when I am 65 or so (time to truly retire). That money would go into an investment that I would draw from when I am ready to stop "working".

Fortunately while I was accumulating all of this money I put it directly into bitcoin.

My floating house in the ocean was better than a home where I only pay property taxes, insurance, etc. My only expense out there was $20 per month for Internet.

I could have $10-$100 million in bitcoin and I'd still follow this strategy of low monthly expenses and saving the bulk for when I'm much older.

I'd rather sacrifice luxury to never have to go work in a cubicle ever again.

[JayJuanGee]

https://www.reddit.com/r/Bitcoin/comments/2y97hl/the_next_bubble_the_10k_25k_one_will_be_epic_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Fun prediction from 5 y back

Interestingly enough, that user has absolutely no crypto any more and is flat broke from the last update that I saw from them; pretty sad story really

Wooow really.... what a n00b

Yeah man, I'll try to find the whole story later when I've got a bit of time

EDIT: Found it quicky... they changed their username but here's the story

https://np.reddit.com/r/Bitcoin/comments/cogbjt/this_guy_gets_it_5years_ago_look_at_how_he_was/ewidaol/

'They' is a she nowadays thanks to the proceeds of a not to be mentioned in here privacy coin with a smoothly declining emission rate and flexible block size due to its tail emission. Hence the change of username.

Correct, went through a sex change in like 2015 or 16 from memory. I think the username change was to start over fresh or something of the like. Don't quote me on any of that though, my memory is a little hazy

hahahahaha

It can be quite funny how we might end up knowing so many details of what should be personal factors, but surely of course, sometimes some of us will have a tendency to "overshare" and then might come back to bite us. 

Still some of the personal details can add interesting fluff and shed some light and context.