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

[VB1001]

$100,000 per coin by New Year 2022 (achieved by late 2021) is definitely possible. The halving hasn’t taken effect yet, we saw what happened post 2012 & 2016 halvings. It takes a while for the reduced supply of new coins to affect the market.

We’ve all seen how fast & aggressive honeybadger can be when he wants to. $100,000 is only just over 10 x the current price. It’s definitely, definitely a possibility imo.

We’ve had a worldwide, unprecedented pandemic and the price is still over $9,000. We are going to a new ATH & beyond next year, I’m sure of it.

HODL, keep buying & you will be handsomely rewarded!

Never go full mindrust

It will always be difficult to predict prices at certain dates and stuff.....  But we all just know how fast BTC has risen in the past and always very aggressive some moments ... to sustain an avg of over 8k for a year long after only 11 years of existence will be considered for more difficult as to top out at 50-100k imo

But then again everyone has there opinion, I only do believe that      #BTClivesMATTERS

Yeahh, whoever does not see Bitcoin as an asset does not understand anything, if its value were 0 at this time it would be 0, however we are above 9.4K
I don't dare say a figure, but as soon as the situation improves this year, we will have a new ATH

[Tash]

Common sense is rare this days.
If healthy blood pH is 5.71% of neutral on Alkaline (7.4) side of things then common sense dictates that daily total food intake must also be somewhere around that percentage. Which translates to a daily combined PRAL value somewhere between an apple -2 and red wine -4
No study is needed, only little bit of brain.

Your food intake doesn't regulate your blood ph. Your kidneys do. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4670772/

That is when the kidney regulates the kidney dis-ease.
Dietary acid load and chronic kidney disease among adults in the United States
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4151375/

So study finds that people with high daily acid load (DAL):

• have no education
• a minority
• poor
• old
• desperate no-coiners
• and at greater risk of CKD

Conclusion
Our findings suggest that high DAL is associated with greater risk of markers of CKD, and older age, poverty, racial/ethnic minority status, and limited education are independently associated with high DAL among U.S. adults.

W'll be frying some Puerto Rican Sweetpotatoes tomorrow -30.9

[JimboToronto]

Good morning Bitcoinland.

Still going sideways in mid-$9xxx boredom... currently $9420USD/$12777CAD (Bitcoinaverage)'

Life goes on. Hodl and be happy.

@Tash: I was on the same path until about a decade ago, tried a lot of fancy "magic" stuff, tried to convince other people of how silly they are not to go "alternative" and throw their money at scammers that are actual doctors.
Let me tell you this: It didn't work. The only people i knew that claimed that it works either had no real health problems or took money for their alternative product or service. Some of the first group had health problems afterwards. Most risks are well documented.
This is a wakeup call from Morpheus. It's up to you if you take the red or the blue pill.

There's no sense trying to reason with those so brainwashed their minds are locked shut. They're right and everyone else (except other devotees) is wrong. They'll tell you that "common sense" dictates that the world is flat. They know the difference between "real" lettuce and the other kind. Unreal lettuce? Sigh.

I have a cousin, same age as me (in his 40s), who's eating more or less like Tash describes. He is totally against conventional medicine and into natural remedies, herbs, etc. He's also a vegetarian.

-- Half his teeth have fallen off. Even most of the front ones, but he refuses to go to the dentist (he's against doctors).
-- His Hematocrit (blood HCT) is below normal (around 30~35%).
-- Although he is very fit (he exercises a lot), he looks malnourished and unhealthy.

Several years ago, I was suffering from a serious, life-threatening condition, that required taking some nasty, very strong chemicals. My cousin strongly advised me against it, and recommended some special herbs. After researching all of my options, I went ahead with the medical treatment as advised by my doctor, and I'm now in perfect health. Had I followed my cousin's advice, I would probably not be alive today.

Just a word of caution, don't experiment with your health based on what someone has told you, or what you've heard, or read on the net, without hard, scientific evidence. Eat what you like, enjoy your food (your body itself will tell you what is good for you), just don't overdo it, as with most things. Most importantly, don't listen to anyone claiming he has the solution to all your health problems, without researching it thoroughly by yourself.

One last thing. Apply the "follow the money" principle. Just check to see if there's money involved and whether or not the person giving you advice has some monetary gain from persuading you to follow his methods. Steer clear from cases where you need to buy some "magic supplement" that will make you healthy, or otherwise having to pay someone for health services that are not scientifically proven.

I have similar anecdotal experiences. I had several friends who distrusted "big pharma" and the entire established medical profession. One even used a pendulum like a diviner to "cure" diseases. Needless to say, he and most of the others died early deaths.

In the real world, there are causes and effects, although they are not always obvious and can be confused with coincidences. Common sense can indeed be used for health if you wade through all the misconceptions.

A few years ago, I discovered I had hepatitis-c (for who knows how long?) and my liver took a beating.I enjoy alcoholic beverages. Luckily, Big Pharma came to the rescue. Seems that by culturing hep-c virus in vitro (thanks to a technique developed in European universities), American Big Pharma was able to identify a protein required by the virus for replication, while being unnecessary for humans, and developing a blocker. Luckily, I live in a country that doesn't depend on insurance companies for health care. I took a pill (Zepatier) every morning for 3 months. It was like taking a vitamin pill... no side effects. I didn't even have to quit drinking booze.

Before starting treatment, my AST levels (standard liver function blood test) were over 300. 20 is considered normal and 40 is red line. After a month my AST had dropped to 20 but we continued treatment for the full 90 days. Comprehensive testing after 90 days indicated no hep-c virus remaining. We tested again after 90 days more and again 60 days after that. Still no hep-c. I thanked my hepatologist and wished him a happy retirement. Thank you Medical Establishment. Thank you Big Pharma.

From my late teens to my early fifties I didn't go to doctors except to get stitched up, have my bones screwed back together, or get prescribed antibiotics after consorting with the wrong women. I'm a great believer in diet, exercise, and a healthy attitude. I figure that if hypochondriacs can make themselves ill with the sheer power of their own brains, we hyperchondriacs can make ourselves well... to a point.

Placebo effect is a proven and long established phenomenon. It's the reason for experiments being double-blind. It only goes so far though. There are times when outside intervention is required.

[VB1001]

There Are Now More Than 8,000 Bitcoin ATMs Worldwide

The number of crypto ATMs worldwide has grown to more than 8,000, just months after passing the 7,000 mark in March.

https://cointelegraph.com/news/there-are-now-more-than-8-000-bitcoin-atms-worldwide

[yefi]

Your food intake doesn't regulate your blood ph. Your kidneys do. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4670772/

Your lungs do. If you hold your breathe, your blood becomes more acidic, because cells are respiring and you're not excreting that CO₂ from your blood.

Your kidneys are the metabolic component, the lungs the respiratory.

[Toxic2040]

After serious consideration I have come to the conclusion that I have no idea what I am talking about.

up/down scalps and horse lips
1h


#dyor
4h

#clueless

*apologies Searing...stolen fair and square

[JimboToronto]

One last thing. Apply the "follow the money" principle. Just check to see if there's money involved and whether or not the person giving you advice has some monetary gain from persuading you to follow his methods. Steer clear from cases where you need to buy some "magic supplement" that will make you healthy, or otherwise having to pay someone for health services that are not scientifically proven.

I forgot to mention in my earlier post that you have to watch out about that. It's a 2-edged sword.

The cultists like to use corporate profiteering and monetary incentives to doctors to justify hating Established Medicine and Big Pharma.

 

[ivomm]

I just bought BTC for $500 at $9360 following my DCA. This whale buy clearly stopped today's dump   Just like Tom Hanks: boom!

[sirazimuth]

I just don’t hope it’s a financial one that requires good judgement and decisions

Nope, I learned to not get emotional or obsessive with my financial decisions. My finances will do well automatically without me interfering.

It is something else man it feels so good you all need to try some of that stuff but no I'll keep it to myself.  

collodial silver?
how much did Tash charge you per milliliter ?

*scnr*

@Tash: I was on the same path until about a decade ago, tried a lot of fancy "magic" stuff, tried to convince other people of how silly they are not to go "alternative" and throw their money at scammers that are actual doctors.
Let me tell you this: It didn't work. The only people i knew that claimed that it works either had no real health problems or took money for their alternative product or service. Some of the first group had health problems afterwards. Most risks are well documented.
This is a wakeup call from Morpheus. It's up to you if you take the red or the blue pill.

https://www.youtube.com/watch?v=sCYvOgBaEY8

[JayJuanGee]

I just bought BTC for $500 at $9360 following my DCA. This whale buy clearly stopped today's dump   Just like Tom Hanks: boom!

Well, I hope that your BIG ass purchase at $9,360 will hold as our local bottom... difficult to say.

If our price range from a week or two ago may have been $8,300 to $10,500, then currently have we narrowed?  or are we just bouncing in about the middle of the ongoing range?  Maybe the former; maybe the latter?

Cannot be either disappointed or excited if we are just moving within the middle of an ongoing price range, and like you suggested, ivomm, stacking some sats at any daily, weekly, or monthly price point might be good enough in the more or less, seems to be blasé department. 

Or should we anticipatorily refer to our current status as coiling? 

[sovkysom39]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.
After that, I expect a decline and a hike to 8000, and possibly even to 6000.
Level 4000 can only be achieved with a regular stream of bad news and panic from sellers.

[JayJuanGee]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.
After that, I expect a decline and a hike to 8000, and possibly even to 6000.
Level 4000 can only be achieved with a regular stream of bad news and panic from sellers.

What is so bad about where we are at currently or even the possible scenario that you presented, that may or may not happen?    Maybe you should explain yourself a bit better.  Do you understand bitcoin and to do you understand some of the currently dominant BTC price prediction models?  stock to flow, four year fractal and s-curve adoption based on metcalfe networking principles.

Sure, we might go down, but then again, we might NOT... Instead, we might go up, or maybe we go sideways for a bit more, before deciding?  

You just described one possible scenario, while failing to acknowledge that the BTC price remains in a decently good place right now (as I type).

Sure, we might go up and fail again at $10k, and then just remain in 4 digits a bit longer.  You seem to believe that there is some kind of difficulties getting above such price point but you did not really provide any evidence or reasons beyond your speculation that there is not enough buying pressures ("forces")....

Alternatively, outside of your hypothesis, we could end up breaking above $10k and experience reseistance at the previous sticking points of $12k and $14k or even $17,250.

I have my doubts about breaking above $17,250 and going to something like $26k-ish, but many things can be possible in bitcoinlandia, and we have seen those kinds of breakouts in previous times, while the naysayers were predicting dooms and glooms and lackenings of force.... 

In any event, something seem to be missing from your mere downward (and lack of up) proclamation, sovkysom39.  I have heard your kinds of speculative (and not backed up) doubting-thomas proclamations many times, right before we get our break out towards the top, while some doubters had been proclaiming with mere hopium that there is not enough interests (or forces as you say) to push the BTC prices UPpity.  Go figure? 

[becoin]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.

Don't worry. The Fed will print more trillions and force not only 10000 but 100000 and more!

[Biodom]

Certainly, Powell is "massaging" Congress to allocate more stimulus so he can lever up even more.
Municipalities, etc. are just a side show.

[yefi]

To date, the situation is bad, I think that we can go to a local resistance level of ~ 10000, but there are no forces to overcome this level.

Forces? We don't need no stinkin' forces! We got a h o n e y b a d g e r.

The honeybadger, in case you don't know, mocks all known forces of the universe. It breaks weak and strong bonds. It regularly defies gravity and reverses conservation laws.

In short, don't mess with it.

[Toxic2040]

Jesus. Dallas County reporting 24 hour COVID19 infections over 400 people. Was 300 last week.

Very ungood.

Its playing out like this in a lot of places Bob. People been cooped up too long...getting squirrely. Not much of a surprise with hundreds of thousands out protesting all on top of one another swapping spit.

Of course MSM wont attribute the uptick on that...afraid of being called racist or something.  fml

 

[lightfoot]

Jesus. Dallas County reporting 24 hour COVID19 infections over 400 people. Was 300 last week.

Very ungood.

Its playing out like this in a lot of places Bob. People been cooped up too long...getting squirrely. Not much of a surprise with hundreds of thousands out protesting all on top of one another swapping spit.

Of course MSM wont attribute the uptick on that...afraid of being called racist or something.  fml

 

Yeah, but people don't seem to be dying enough. Maybe that is a lagging indicator but dying people are harder to hide or fudge, unless we have a massive weekend at bernies going on....

[degxtra1]

Jesus. Dallas County reporting 24 hour COVID19 infections over 400 people. Was 300 last week.

Very ungood.

It's quite funny when people are so excited because of ordinary flu.
Ahh sorry, it's not that ordinary - master of minds said it's pandemia.

https://www.independent.co.uk/news/uk/the-showboat-flu-is-starting-to-slow-down-1504194.html
this article is from 1993.
Do you know how many people died that season(1993/1994) because of flu in England?

[smartcomet]

Great pet in the future, for $74,500.

[Biodom]

According to planB, apparently, SP500 and btc are not only correlated (95% R2), but they are also co-integrated. Ooops!
Albeit, current SP500 suggests 18K btc
https://twitter.com/100trillionUSD/status/1273202818476892160

At $288K btc (predicted by the S2FX model), SP500 'should' become 4300, which is entirely possible, considering the amount of "pumping".
How much " The Big mac" would cost then, I don't know, but probably not less than $10.