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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (9.8%)
8/4 - 16 (14.3%)
8/11 - 7 (6.3%)
8/18 - 6 (5.4%)
8/25 - 8 (7.1%)
After August - 63 (56.3%)
Total Voters: 112

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26473195 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. (174 posts by 3 users with 9 merit deleted.)
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October 23, 2020, 05:52:24 AM

while i dont see 100k in 2021.

right now today if we matched 2017 we need to be at 78k.

this is base on mining profit.

so I think we could get to 78k by nov 2021.

for me i need 26-30k to be doing well with my mining farm.


IMHO, I see BTC being a bit over or around $20k at the end of 2021. (I can't believe I'm saying only, when I got into BTC Sept 18th, 2013 it was $150).

Anyway, my reasoning is as follows (1) blowback and FUD from the powerful/banker/and vested interests that will try to distract and such on BTC/Crypto...there

is always a 'backlash' in that area (2) Times are tough and they may get worse..thus some will 'reasonably' take some money out of the long term HODL

wallets for real-life issues, again, IMHO. Also, quite frankly if you are a 'huge' whale even taking 5% off your hoard at $20k would be tempting...not a big

deal if you just did so, but if everyone else thinks the same due to the sucky economic times I expect in 2021 it all adds up.

(3) Human nature for the long term HODL'ers to take some profits....and I think $20k for a long term Hodl'er with more BTC than myself will be 'convinced'

to sell some in the coming recession and bad economic times...especially as a hedge, and if he is older than say 55 years old, or so. Again, the economy gets sketchy

what else can you move 24/7 ..as a hedge against, what I expect is a 'sucky' year on the whole economically for the world, in 2021.

(now, am I gonna get beat up on WO for this post!) Smiley Anyway, if I am right on my prediction of dismalness...that is not so bad ..if the 100k in 2021 comes to pass

I'll take the fall on this post then) Smiley

Sketchy...what else can you sell/move but BTC/Crypto 24/7 on a whim of you against the world/universe if 2021 sucks as bad as I suspect.

Brad


This reasoning reminds me of our old friend mindrust...  Cool
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October 23, 2020, 05:54:27 AM

https://www.bloomberg.com/news/articles/2020-10-22/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo
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October 23, 2020, 06:17:28 AM
Merited by Cryptotourist (3), somac. (1)

Now that's better!

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October 23, 2020, 06:41:27 AM

while i dont see 100k in 2021.

right now today if we matched 2017 we need to be at 78k.

this is base on mining profit.

so I think we could get to 78k by nov 2021.

for me i need 26-30k to be doing well with my mining farm.


IMHO, I see BTC being a bit over or around $20k at the end of 2021. (I can't believe I'm saying only, when I got into BTC Sept 18th, 2013 it was $150).

Anyway, my reasoning is as follows (1) blowback and FUD from the powerful/banker/and vested interests that will try to distract and such on BTC/Crypto...there

is always a 'backlash' in that area (2) Times are tough and they may get worse..thus some will 'reasonably' take some money out of the long term HODL

wallets for real-life issues, again, IMHO. Also, quite frankly if you are a 'huge' whale even taking 5% off your hoard at $20k would be tempting...not a big

deal if you just did so, but if everyone else thinks the same due to the sucky economic times I expect in 2021 it all adds up.

(3) Human nature for the long term HODL'ers to take some profits....and I think $20k for a long term Hodl'er with more BTC than myself will be 'convinced'

to sell some in the coming recession and bad economic times...especially as a hedge, and if he is older than say 55 years old, or so. Again, the economy gets sketchy

what else can you move 24/7 ..as a hedge against, what I expect is a 'sucky' year on the whole economically for the world, in 2021.

(now, am I gonna get beat up on WO for this post!) Smiley Anyway, if I am right on my prediction of dismalness...that is not so bad ..if the 100k in 2021 comes to pass

I'll take the fall on this post then) Smiley

Sketchy...what else can you sell/move but BTC/Crypto 24/7 on a whim of you against the world/universe if 2021 sucks as bad as I suspect.

Brad




That's it, Searing turned "bearish". It's all over now, get your ready bags packed, fits hitting the shan!
Get your tissues, whole lot of tears are coming.




/s


That is my point! I'm having 'issues' with seeing $20k BTC as Bearish! Smiley (come, on....my first BTC was made at $150 on Sept 18th, 2013 for crying out loud on

a KNC Jupiter Machine..that I had to email tech support as it had no frigging ON switch...for $5,313.80 usd for crying out loud...they had me use a cut off paper clip with

black elec tape at one end to JUMP the Corsair 1200 PSU for crying out loud! So I closed my eyes, and 'wet myself' a litle bit and bingo it worked But 'really'? $20k is

bearish in 2021? When the low as what? $3,400 usd in 2017? ...sheesh...

(on second thought, assuming you are right the 'worst' that can happen is $20k....er nerver mind you are correct...I'll just amble off now) Smiley



Ooops forgot to put the /s in; my apologies

I was mining BTC on a $600 -2 gpu rig in June 2013-- $35 a month in power netting me 1 BTC per month.
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October 23, 2020, 06:47:34 AM
Merited by El duderino_ (4)

Corn hodlers on paypal, looking great:



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October 23, 2020, 07:02:38 AM

Bounce @ $12,5





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October 23, 2020, 07:26:57 AM

We need to get past $13,800 to get to 20k with bullishness (stupid word that doesn't exist). After that we will be in uncharted territories which might need solid balls to handle

In the meanwhile, ccmf
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October 23, 2020, 07:39:01 AM

Bounce @ $12,5







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October 23, 2020, 08:01:29 AM
Merited by Torque (1), ivomm (1), psycodad (1)

What about the new hat

WooooW

Thx xhomerx
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October 23, 2020, 08:24:07 AM
Merited by vapourminer (1), JayJuanGee (1), Arriemoller (1), Last of the V8s (1)


That is my point! I'm having 'issues' with seeing $20k BTC as Bearish! Smiley (come, on....my first BTC was made at $150 on Sept 18th, 2013 for crying out loud on

a KNC Jupiter Machine..that I had to email tech support as it had no frigging ON switch...for $5,313.80 usd for crying out loud...they had me use a cut off paper clip with

black elec tape at one end to JUMP the Corsair 1200 PSU for crying out loud! So I closed my eyes, and 'wet myself' a litle bit and bingo it worked But 'really'? $20k is

bearish in 2021? When the low as what? $3,400 usd in 2017? ...sheesh...

(on second thought, assuming you are right the 'worst' that can happen is $20k....er nerver mind you are correct...I'll just amble off now) Smiley




stop shitting on knc. they DID deliver. you think it would have been better to participate in any other pre-sale of that time, like cointerra? hashfast? and god forbid butterflylabs? the bitcoin you own you mined with knc. everyone and their grandmother was shitting on knc from the getgo.  I wanted to invest in mining in 2013 and thought a Swedish company (knc) would probably be the least likely to scam their customers. because of ethics. took the effort and took a flight to Stockholm to visit their headquarters. was able to get into first batch of first knc gear. (the invoice I got from knc had the # 00001) big thanx to their CEO Sam Cole.

folks who had invested in any of the competition got screwed royally.

here is a link to a medium post by Sam Cole.

https://medium.com/hackernoon/asicboost-655a73d48ae4



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October 23, 2020, 08:25:06 AM

What about the new hat

WooooW

Thx xhomerx


awesome shit! dude!  Grin
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October 23, 2020, 08:35:39 AM


That is my point! I'm having 'issues' with seeing $20k BTC as Bearish! Smiley (come, on....my first BTC was made at $150 on Sept 18th, 2013 for crying out loud on

a KNC Jupiter Machine..that I had to email tech support as it had no frigging ON switch...for $5,313.80 usd for crying out loud...they had me use a cut off paper clip with

black elec tape at one end to JUMP the Corsair 1200 PSU for crying out loud! So I closed my eyes, and 'wet myself' a litle bit and bingo it worked But 'really'? $20k is

bearish in 2021? When the low as what? $3,400 usd in 2017? ...sheesh...

(on second thought, assuming you are right the 'worst' that can happen is $20k....er nerver mind you are correct...I'll just amble off now) Smiley




stop shitting on knc. they DID deliver. you think it would have been better to participate in any other pre-sale of that time, like cointerra? hashfast? and god forbid butterflylabs? the bitcoin you own you mined with knc. everyone and their grandmother was shitting on knc from the getgo.  I wanted to invest in mining in 2013 and thought a Swedish company (knc) would probably be the least likely to scam their customers. because of ethics. took the effort and took a flight to Stockholm to visit their headquarters. was able to get into first batch of first knc gear. (the invoice I got from knc had the # 00001) big thanx to their CEO Sam Cole.

folks who had invested in any of the competition got screwed royally.

here is a link to a medium post by Sam Cole.

https://medium.com/hackernoon/asicboost-655a73d48ae4





If it weren't for this article about BFL (below) I would probably never have even learned of Bitcoin until much later.

http://inventorspot.com/articles/new_bitcoin_mining_device_ships
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October 23, 2020, 09:22:52 AM

I'd like to take a moment and thank the Bargin Boyz...
Cheers Hodlers  Grin
https://m.youtube.com/watch?v=F7xGbEGdOfw
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October 23, 2020, 09:33:21 AM
Merited by LFC_Bitcoin (4)

https://twitter.com/mmcrypto/status/1319559248125349888?s=21

Indeed
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October 23, 2020, 09:33:55 AM

What about the new hat

WooooW

Thx xhomerx


awesome shit! dude!  Grin

Massive awesome 😎
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October 23, 2020, 09:40:38 AM


Mindrust vibes
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what is this "brake pedal" you speak of?


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October 23, 2020, 09:52:53 AM
Last edit: October 23, 2020, 10:06:37 AM by vapourminer

~12950ish USD at that place

maybe a good day methinks.. break this 13k crap for once and for all.
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October 23, 2020, 11:48:29 AM


Haha brilliant
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October 23, 2020, 12:00:34 PM

https://twitter.com/jjcmoreno/status/1319383209751228416?s=21

This is becoming gentleman.....??
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October 23, 2020, 12:02:14 PM
Merited by serveria.com (1)

#JEneSUISpasmindrust

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