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Question: What happens next?
$45K - 20 (28.2%)
$50K - 51 (71.8%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25435939 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
Icygreen
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July 25, 2020, 07:40:23 PM
Merited by Torque (1)

On the weekly, USD down 1.7%, Bitcoin up 5.15%

A game of confidence and trust,  Roll Eyes
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OutOfMemory
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IIRC


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July 25, 2020, 08:10:42 PM
Merited by JayJuanGee (1)

The story of my brother in law, the ex-roofer - part 2.

Short version:
He declined my offer to pay him out in bitcoin, now here's the translation:
"Bitcoin is over. It will keep going sideways in the $10k range, before it will go to zero in the next couple of years. I had the chance of my life when it was at $300, but my father didn't even borrow me $5k, because he was into stocks only"

No more questions were asked.
He even did know about last year's rise to $14k. So he is still more or less following the price action as a nocoiner.
End of story  Cry
vapourminer
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what is this "brake pedal" you speak of?


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July 25, 2020, 08:22:20 PM
Merited by JayJuanGee (1)

So he is still more or less following the price action as a nocoiner.

thats like thinking about that million dollar scratch ticket you lost behind the sofa till the dog ate it or something. why live a nightmare over and over.
Torque
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July 25, 2020, 08:25:17 PM
Merited by Icygreen (1), strawbs (1)

On the weekly, USD down 1.7%, Bitcoin up 5.15%

A game of confidence and trust,  Roll Eyes

Also Gold at a new historical ATH, which is a fkn *huge*, screaming red flag that the $USD is going into the shitter.

But alas the pleebs are oblivious, too busy worrying about wearing cute masks and trusting their govt and the media to care.
Torque
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July 25, 2020, 08:36:25 PM
Last edit: July 25, 2020, 09:30:51 PM by Torque
Merited by OutOfMemory (1)

The story of my brother in law, the ex-roofer - part 2.

Short version:
He declined my offer to pay him out in bitcoin, now here's the translation:
"Bitcoin is over. It will keep going sideways in the $10k range, before it will go to zero in the next couple of years. I had the chance of my life when it was at $300, but my father didn't even borrow me $5k, because he was into stocks only"

No more questions were asked.
He even did know about last year's rise to $14k. So he is still more or less following the price action as a nocoiner.
End of story  Cry

Literally everything about his response screams "I could give a shit about Bitcoin, its tech, or what it stands for. I don't even know what proper money is, or why fiat sucks. I just wanted to buy some Bitcoin to get rich quick, which it sounds like I already missed that boat."

These people are so clueless that one doesn't even know where to start. Even Warren Buffett says to never buy/invest in something you don't understand. I imagine an ex-roofer has a long way to go to understanding "investing". He's not even at 101 level.
Toxic2040
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July 25, 2020, 08:36:58 PM

On the weekly, USD down 1.7%, Bitcoin up 5.15%

A game of confidence and trust,  Roll Eyes

Also Gold at a new historical ATH, which is a fkn *huge*, screaming red flag that the $USD is going into the shitter.

But alas the pleebs are oblivious, too busy worrying about wearing cute masks and trusting their govt and the media to care.

Almost....$1920.94 is the ATH on this particular chart. That a pretty big cup if you ask me.

Weekly Au spot price
OutOfMemory
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IIRC


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July 25, 2020, 08:48:08 PM
Merited by Torque (1)

The story of my brother in law, the ex-roofer - part 2.

Short version:
He declined my offer to pay him out in bitcoin, now here's the translation:
"Bitcoin is over. It will keep going sideways in the $10k range, before it will go to zero in the next couple of years. I had the chance of my life when it was at $300, but my father didn't even borrow me $5k, because he was into stocks only"

No more questions were asked.
He even did know about last year's rise to $14k. So he is still more or less following the price action as a nocoiner.
End of story  Cry

Literally everything about his response screams "I could give a shit about Bitcoin, its tech, or what it stands for. I don't even know what proper money is, or why fiat sucks. I just wanted to buy some Bitcoin to get rich quick, which is sounds like I already missed that boat."

These people are so clueless that one doesn't even know where to start. Even Warren Buffett says to never buy/invest in something you don't understand. I imagine an ex-roofer has a long way to go to understanding "investing". He's not even at 101 level.

Exactly. His view on bitcoin is best described as a tool to get fiat-rich quickly. A one hit wonder of finance.
He has loads of other problems in life, because of reasons easily explained by his cluelessness.
And he always knows better. Roll Eyes

EDIT: Looks like $10k is in reach again and "alt season" slowly kicks in, too.
LFC_Bitcoin
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July 25, 2020, 08:49:55 PM

$9,745

Looking good, slow & steady wins the race.
Icygreen
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July 25, 2020, 08:59:21 PM

On the weekly, USD down 1.7%, Bitcoin up 5.15%

A game of confidence and trust,  Roll Eyes

Also Gold at a new historical ATH, which is a fkn *huge*, screaming red flag that the $USD is going into the shitter.

But alas the pleebs are oblivious, too busy worrying about wearing cute masks and trusting their govt and the media to care.
Further yet, since most assets and investments inflate in value , most owners don't care one bit because they're 'getting rich'.  
BobLawblaw
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July 25, 2020, 09:36:08 PM
Merited by cAPSLOCK (1), LFC_Bitcoin (1)

https://twitter.com/whale_alert/status/1287139041595600898


https://twitter.com/whale_alert/status/1287139254766899201
cAPSLOCK
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July 25, 2020, 10:07:43 PM

I mean seriously... we don't even have to break 10k anymore for this 2.6 year line to get pierced.  What do you think is gonna happen?

This is the perfect storm.  Gold about to breech 2k.  

Bitcoin being talked about by herd leaders as "digital gold".

Right after the halving.

Exchanges stock running low.

Hashrate ATH in.

More dollars being printed than toilet paper.

What do you think is gonna happen?


Searing
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Clueless!


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July 25, 2020, 10:08:54 PM

Bitcoin: You 'merciless bitch!"

Will, she continues to 'tease' me, (be still my heart) with a 'bright' future for us both?

Or will she throw her coat back on, dump my sorry ass in a huff, and leave?

Talk about a "Hot Mess!" Sad

(The 'ways' of Bitcoin are mysterious to me!) Sad
LFC_Bitcoin
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July 25, 2020, 10:10:45 PM

@CoinCoinerDanny
3 years ago this week we were battling for segwit, creating one of the most uncertain times in #Bitcoin  history.

The price was $2,750

Today #Bitcoin  is $9,700

It's stronger than ever and preparing for the next bull run.
https://twitter.com/coincornerdanny/status/1287144113821949959?s=21
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July 25, 2020, 10:44:52 PM
Merited by xhomerx10 (1), infofront (1), nutildah (1)

So I have a confession
I sold all my bitcoin last year and went all in on Tesla  @$350.















JUST KIDDING!!!....

I sold all my Tesla stock at $350....   fuuuuuuuuuuuuuuuuuuuuuuuuuck!!!

lol....
I still made profit. Got in at the IPO.  I feel like those early adopters who had hundreds of bitcoin
they mined for nothing then dumped them all at $30 for profit.... but then.....
soullyG
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Decentralize everything


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July 25, 2020, 11:05:03 PM

Well well well, what's going on 'ere then?

Making a nice move up and away from the huuuuge triangle we've been trying to break out of for so long.. next important level is $10.5k (we were unable to get through this resistance in Feburary/May/June):

Syke
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July 26, 2020, 12:02:23 AM

So I have a confession
I sold all my bitcoin last year and went all in on Tesla  @$350.

Tesla is succeeding despite all the odds against them.
Bitcoin is succeeding because all the odds are with them.
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July 26, 2020, 12:24:58 AM
Merited by cAPSLOCK (1), jojo69 (1)



4h


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July 26, 2020, 12:39:54 AM
Merited by infofront (1)

Pentarudi aka Masterluc newest Update:

Comment: Still adjusting long term upper resistance line...
Price range locked for almost 3 months now...
Discovered yet another escape trend.



I'm excited to see what we can expect in the coming weeks. Some on Twitter still claim the $6K will come.
jojo69
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1/21000000 , the only math you need to know


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July 26, 2020, 01:41:13 AM

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July 26, 2020, 02:23:35 AM

shots fired at the NFAC rally in Louisville today..apparently at least 2 seriously wounded. NFAC militia members take a knee as paramedics respond.

fml jojo

https://www.thedailybeast.com/shots-fired-as-three-percenter-and-not-fucking-around-coalition-militias-face-off-in-louisville-kentucky?ref=home
these men look serious and have their boogerhooks in the correct orientation
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