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

[Paashaas]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

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[Paashaas]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

[DaRude]

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

That sucks. I ragequit another site about 4 years ago and kind of wish I hadn't. But there's no going back as the site is now gone.

Sorry he's gone.

I should add that i only based it on his last posts and screengrab about him asking about account deletion, i don't have any additional info outside of that

[El duderino_]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

The only thing I never ever need = a break from btc and btc related stuff......

I would go full retarded whiteout it

[VB1001]

Good morning WO gang, away from the thread for personal reasons, I do not know how long this situation will last.
Hugs.

[bitebits]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

The only thing I never ever need = a break from btc and btc related stuff......

I would go full retarded whiteout it

One can’t simply run from Bitcoin, it keeps coming back to you like a boomerang. Unless you become a no-coiner which I don’t see happening anytime soon to our Bob. He will keep lurking this thread from the shadows, which is fine.

[dragonvslinux]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  >
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

[JayJuanGee]

It's happening? One last down before UP? 

We've had a lot of these last downs, they're starting to wear me out.

Are here going to be getting yet another visit from Vegeta again?
I am pretty sick and tired of him at this point.
Still, some movement, even down, has got to be better than this long sideways action.
Fingers crossed that the big move up is imminent.
Got a retirement to be looking forward to soon.
Go Honey Badger Go.

When is the retirement?

This year?

Next year?

What price does BTC have to reach under various scenarios in order for the retirement objective to be achieved?

[El duderino_]

https://medium.com/@breedlove22/the-number-zero-and-bitcoin-4c193336db5b

The number zero and BTC

[El duderino_]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

All is possible, though I wouldn’t be looking for 6.5K coins myself, just be happy what you can grab when you can ...

[bitebits]

Below some bitcoin mining charts. Per design the competition is brutal. Just buying a bitcoin is such a convenient, stressless and risk free alternative. You almost forget what a privilege it is to still be able to buy and own one at a very decent price. Tempted, again.

https://twitter.com/sgbarbour/status/1283896834671415296

[dragonvslinux]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  >
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

All is possible, though I wouldn’t be looking for 6.5K coins myself, just be happy what you can grab when you can ...

Not specifically 6.5K to be honest, got enough of that already so happy to move average higher. I wouldn't be going in before sub 8K though, that's roughly the current descending triangle measured move target, that from my studies of Bitcoin's 10 year history generally has a 80% probability of reaching, at a minimum, if confirmed.
Way too predictable imo, not that anyone wants to hear it 

That said, when dumping shitcoins then it's best not to be too greedy, start selling the rally once the dead cat bounces 
Anything between $6.2-8.2K bearish trending moving average resistance on the Monthly chart looks fair game to me 



Here's my reasoning for 6.5K as lowest bids, not convinced we'll wick below the 200 Week MA again this time around:



It's not only just above the 4 year moving average, but also the average traded price in the past 4 years. It's perfect!

[Millionero]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

The only thing I never ever need = a break from btc and btc related stuff......

I would go full retarded whiteout it

Everybody knows you never go full retard
https://www.youtube.com/watch?v=oAKG-kbKeIo

the kitchen table is never perfectly clean, so I might as well take a huge steaming dump on it.

That's what my mom always said.

[rdbase]

Aftermath of  hacks where the elitists were trying to assure you they would send you some bitcoin if you send them some.

[JSRAW]

No retirement for me JJG, GF doing research on kindergarten and fine neighborhood nowadays . I hope she's cheating on me. 

https://medium.com/@breedlove22/the-number-zero-and-bitcoin-4c193336db5b

The number zero and BTC

good read, couple of new things there.. and no Bhudda was no mathematician, he was average dude as far as Maths is concern. Rishis (sages) were doing shitload amount of work in Mathematics in the ancient India.

[sirazimuth]

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

Good lord, that’s a whole lotta ragequit clicks.
Seems rather extreme imo, but whatever floats your boat I suppose.
Heat....kitchen...etc.

[JimboToronto]

Good morning Bitcoinland.

More of the same... currently $9168USD/$12450CAD (Bitcoinaverage).

Our 14 day mandatory quarantine after entering country is over. Time to go out (well-masked) and see what's left of life in the big city. Been in the jungle and locked up indoors too long.

First stop: covid testing. Want to be absolutely sure. At least it's free here, no appointment necessary, with fast results. It's hard to believe they actually charge people to get tested in some places. I guess that's why they have still so many new cases daily. They should be paying people to get tested, not charging them. How many homeless or simply poor people are asymptomatic carriers?

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

Good lord, that’s a whole lotta ragequit clicks.

That's what I thought. Deleting hundreds of posts takes too much time to simply be the product of being "grumpy" as he called it.

My guess is that it's opsec related.

Too bad. We'll miss him.

[infofront]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

There have been a couple occasions over the last several years where I have taken out credit cards with 0% interest for ~16 months. This has happened during major buying opportunities. 

[LFC_Bitcoin]

I see lots of you wishing for (hoping for) an opportunity to get cheap coins. I’d really rather not suffer a significant leg down. Any of you who were invested in bitcoin pre 2017 shouldn’t need to hope for cheap coins. If you don’t have enough to satisfy your personal needs now then you never will.

Sure if the price goes down I’ll buy but I buy regularly any way & will continue to do whatever the price (bitcoin is better than fiat).

So yeah, fuck people wanting cheap coins. I’ve had enough of waiting around, I’m selfish, I want moon now.

[bitcoinPsycho]

Always the pessimist