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

[gallianooo]

Hm. 15.5. Still don't need anything. Wonder what I'll be thinking at 30.

We might do a late 2016-early 2017 "thing" vs ATH.
Move fast to $20-21K, then drop back to $14, then off to the races.

Agree with this scenario.

[FullNode]

Cue to Buy Bitcoin: Fed and Bank of England Vows to Do ‘Everything' to Help their Economy Recover

https://bitcoinexchangeguide.com/cue-to-buy-bitcoin-fed-and-bank-of-england-vows-to-do-everything-to-help-their-economy-recover/

[explorer]

Cue to Buy Bitcoin: Fed and Bank of England Vows to Do ‘Everything' to Help their Economy Recover

https://bitcoinexchangeguide.com/cue-to-buy-bitcoin-fed-and-bank-of-england-vows-to-do-everything-to-help-their-economy-recover/

Oh cool they are going to close up shop?

[rdbase]

The Run of the Golden Bull!  

https://www.youtube.com/watch?v=nJeddv1QbeQ

Great song choice and makes it sound like it is from the beer guy commercial vibe to it.
https://www.youtube.com/watch?v=guMrgRKKENI
https://www.youtube.com/watch?v=U18VkI0uDxE
He faces a bear!

https://www.youtube.com/watch?v=dYde7LbQrG4

[philipma1957]

Cue to Buy Bitcoin: Fed and Bank of England Vows to Do ‘Everything' to Help their Economy Recover

https://bitcoinexchangeguide.com/cue-to-buy-bitcoin-fed-and-bank-of-england-vows-to-do-everything-to-help-their-economy-recover/

Oh cool they are going to close up shop?

No they will try to absorb btc into their clutches.

[FullNode]

Cue to Buy Bitcoin: Fed and Bank of England Vows to Do ‘Everything' to Help their Economy Recover

https://bitcoinexchangeguide.com/cue-to-buy-bitcoin-fed-and-bank-of-england-vows-to-do-everything-to-help-their-economy-recover/

Oh cool they are going to close up shop?

No, the printers will explode

[JayJuanGee]

$15.5k USD/BTC breached. Yeah, riding this fucking wave, yo.
Will reconsider depending on how quickly we hit $16k.
YOLO.

$15.551 achieved!
snip
Watching on BBC news and they mentioned about the release of silk road bitcoin.
Yet no movement from Trumpster from the white house yet but the tweets are in all caps so you know he is mad.
snip
snip

It all depends on Georgia now to find out when he goes dark for the next 3 months left of his term.
Thought it would be Arizona and Nevada to do it for Ol' man Biden.

If only he could step away from himself and see just how stupidly childish he is behaving. Does he not realize that counting ballots actually takes time? Seriously, how does this guy even tie his shoes?

It is quite surprising that so many people vote for such a narcissistic self-absorbed dweeb, especially when his main duties would be to represent people and the public interest, which he seems totally incapable of carrying out such duties.  I suspect that there has been a decent amount of regular peeps who believe that it is in the public interest to diminish or destroy government, and for some reason, they believe that trump's self absorption actually ends up accomplishing their objectives.. Seems like a lack of actual introspection from a lot of normies to actually believe such a corrupt (and unwilling (more likely unable) to focus on anything beyond his own interests) person (referring to trump) actually is good for either the country or for the serving of their own interests.

the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm

Edit:  whoops, I got ahead of myself, and responding to your post below this one

Price goes up.  Price goes down.

Sure, we could continue going up.. Has happened many times; however, any of us should not be surprised by some kind of significant correction at some point, and the mere fact that such correction happens to coincide with some worldly events, so fucking what... does not mean that they are related exactly, even though they are happening at the same time.

We have not had any kind of meaningful correction since around early September and that was when we were dipping into the four digits.

I personally had been expecting some resistance after $13,880 (our previous local high) and then additional resistance in the sub $17,250 arena.. which would have been one of our bounce highs from December 2017.. but also significantly sub $17,250 would be within a certain reasonable percentage of our ATH --- 15% or so... which would represent entering into no man's zone.. or whatever proper name for such price area around previous ATH...

[hossamdz]

the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm

[matt4054]

the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm

Chances are that the Democrats will be printing out much more dollars during a Biden presidency than a Trump one. From that perspective, it could just make things even more attractive for cryptos as an alternative store of value...

[Searing]

Need to remind myself, I do not need a Lambo.

Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky'  you are to the oppisite sex and any

friends or relations there of. I mean, why could that be?

As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet

her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to

regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never

to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things.

Brad

either you are lucid dreaming OR you are one horny "goat"...no offense, please.

hey, I'm just commenting on the fact that women seem to be attracted to HODL'ers lately for some 'unexplained' reason...it is 'befuddling' indeed!

Need to remind myself, I do not need a Lambo.

Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky'  you are to the oppisite sex and any

friends or relations there of. I mean, why could that be?

As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet

her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to

regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never

to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things.

Brad

WTF do you need a 19 year old for?
I am 63 I will be 64 in 2-3 months.

You could give me every coin back I ever handled in my profile wallet.

I think it is about 400 btc which is now over six million.

I would not be looking for a 19 year old.

I just find it 'befuddling' that all these women, young and old, have such a 'technical' vision of Bitcoin HODL'ers....and want to hang out with ...us long term

hodl'ers...must be some

kinda of 'glam' about Bitcoin....I don't get it...but then again....can't be the money right? That would be so disappointing...naw... must be they are just hot nerds!

It must be our technical 'charm' and wisdom, right? It can't be for the money, that would be too depressing. So if people can 'deny reality' on FOX news I'm gonna

continue to go with my pixie-dust/fairyland/unicorn-fart vision on such interest in HODL'ers by the opposite sex. If you don't believe in such a viewpoint, go to any

exotic dancer club, it is amazing how much they will talk to you about the properties of BTC and such. Ah, such wasted 'technical' nerd talent. It must be my 'sparkling'

self-imposed...never to be seen...locked in my house due to the Pandemic ...personality.

Anyway, have to run some Nigerian Prince is in trouble and needs me to hodl his $$$ and BTC private key for a 'modest' fee.

(Denial: 2020 how America copes with the pandemic)

Brad

[JayJuanGee]

Does he not realize that counting ballots actually takes time?

... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote?

... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange?

Nope.  I don't find that strange. 

Inner cities tend to have more people who lean democratic because they tend to be of traditionally underrepresented groups - and accordingly conclude that there could be a purpose for government in their interest to protect them from some of the extremes of rich-person focused politics that tend to be the direction of republican representatives.

Furthermore, republicans tend to target these kinds of inner-city areas in a variety of ways to cause more encumbrances on them - not only in terms of attempting to suppress the vote, but also in terms of causing more and more difficult to actually count votes that had actually been cast. 

The myth of corruption in counting votes tends to be overplayed, and there have been a lot of evidence that corruption in vote counting tends to come from black box voting dynamics from the various inauditable machines and things like that, and maybe in recent times there has been some more attempts to cause more audit-ability, by causing those counts to be more accountable to actual votes.

Greg Palast (and sure, there are others, too) has been investing the various forms of black box cheating dynamics since at least around the 2000 election time-frame.

the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm

Chances are that the Democrats will be printing out much more dollars during a Biden presidency than a Trump one. From that perspective, it could just make things even more attractive for cryptos as an alternative store of value...

If you had not noticed a pattern that has gone on since about the time that Clinton (Bill) got into office.  There had been gross overspending and sending of moneys to republican buddies (kind of trickle down aspirations) then when the democrat gets into office, there are pushes towards tightening up the belt.. so then by the time the next republican gets back in, then they can go crazy again... that happened for clinton and for obama and likely to happen for biden, too..  Sure, democrats have tended to get beat up by republicans so many times because they tend to try to play nice.. and republicans tend to take advantage of such niceness and engage in ruthlessness irresponsibility when they are in power...  and surely how does all the craziness end with more and more craziness in the money printing arena.. and perhaps this time, the democrats will try to continue with printing of money --- which seems irresponsible at this time, but the available solutions do not look good - especially when there is a likely a need to bring back production to the USA in a variety of ways, which could be helpful if it could actually happen.. but I have my doubts, too..

Bitcoin seems to be responding well to Trump losing. Probably bc Trump openly stated he wasnt a fan and it was backed by nothing and that he told his Treasury Secretary to "go after Bitcoin."

Also his top economic advisor Larry Kudlow dislikes Bitcoin. I believe the market is signaling that Biden will be friendlier to our Lord and Savior King Bitcoin.

Also it seems to be bullish for assets when the media is too preoccupied with Trump being a sore loser to promote their coronasniffles hype and try to scare everyone non stop about a disease not much deadlier than the flu.

Actually, it is likely that the potential policies of Trump (to the extent that you could refer to them as policies) would be more friendly to bitcoin, but the fact of the matter seems to be that bitcoin does not give any shits about the president, including whether a Biden administration (to the extent that he is lucid at all) might be more hostile to bitcoin than the red headed self-absorbed twat... by the way, Lambie.. you would likely get along better with Trump, no?   Both of you seem to have strong exaggeration inclinations, no?

[JayJuanGee]

Classic WO moment of Bear Ownership in 2020:

By using the Elliott Waves theory

For some strange reason, Bossian has not been very active in recent times.

Maybe he is not feeling so confident about his previous nonsense theories?  Not that he likely had believed such crap that he had been posting, previously, even though he placed bets (or was it just one bet?) that he is most likely NOT to pay.. but hey.. place a one-way bet, and collect upon such longshot bet if you win on the longshot, otherwise disaparecerse.

[LFC_Bitcoin]

For some strange reason, Bossian has not been very active in recent times.

He owes me 0.05BTC if (when really) we reach a new ATH before 1st January 2022.
He probably won’t return!

https://bitcointalk.org/index.php?topic=5205829.msg53223585#msg53223585

[infofront]

Does he not realize that counting ballots actually takes time?

... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote?

... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange?

The inner cities are completely corrupt Democrat cesspools. On election night, they pause the counting, wait for the results to come in from the rest of the state, figure out how many votes they're down by, manufacture whatever votes they need, then resume counting. It's the oldest [US] political trick in the book.

This approach was famously pioneered by Chicago Mayor Richard J. Daley. He essentially controlled every Illinois State election while he was in office in the 50s-70s.

My theory is that Trump pissed off all the Libs and some of the independents so they all got together in this big gang and voted against him at the next election.

And the reason it is faster to count rural areas in Nevada and Arizona is because the rural areas are made of sand and the urban areas actually have people in them.  

It's amazing how cities with millions of people like New York, Chicago, Houston, L.A., etc. have no problem getting their ballots counted on election day. However, second tier cities like Detroit and Philadelphia, in battleground states with democrat governors, have ballot counting that goes on for days and is fraught with problems.

[JayJuanGee]

Need to remind myself, I do not need a Lambo.

Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky'  you are to the oppisite sex and any

friends or relations there of. I mean, why could that be?

As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet

her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to

regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never

to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things.

Brad

WTF do you need a 19 year old for?
I am 63 I will be 64 in 2-3 months.

You could give me every coin back I ever handled in my profile wallet.

I think it is about 400 btc which is now over six million.

I would not be looking for a 19 year old.

You have to live.  I mean you have expenses.  You cannot measure the mere fact that BTC has passed through your wallet as if you had any kind of reasonable and/or prudent ability to hold onto such BTC and to have been able to have lived a reasonable and respectful life.

Let's say that I could have been a multi-millionaire by the time that I was in my early 30s because I had millions of dollars pass through me.. but I happened to have spent the vast majority of such monies, just to live and some of the money passing through me had been to pay expenses in order to have been able to have earned such gross income.

What would have I done?  Lived with other peeps and had them pay for all my expenses.. How long could that work?  Not very long for normies who are not born with any kind of silver spoon in their mouths.  

Anyhow, my point about BTC passing through your wallet does not mean shit, and it even means less than shit if you have a business that involves earning in BTC.. Now if you have a business that earns dollars and you purchase BTC with those dollars, then it might be a bit more meaningful to expect that a higher percentage of the BTC that pass through your wallet would be within your reasonable and prudent ability to retain for the longer term.

Hey oh, WO!  
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Do you promise no speaking?    

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

I have heard of "orange" friend and I feel as if I know "orange" friend decently well, but as far as I know, I never have known a "yellow" friend, so far.

What is such mysterious, "yellow friend"?

Would it be to my advantage to be introduced or to become acquainted?

Hey oh, WO!  
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

It's like as if PayPal, square, robinhood, gemini, gbtc, bakkt, China, Russia, Europe, coinbase are all competing  for some kind of limited supply of an asset that's already 12% into the next halfening, after which the whole world will compete for BTC450 mined daily. Huh who could've predicted such price swings

Yep... exactamente!!!!  Go figure.

 

[cAPSLOCK]

You've picked some good times to sell in the past.  This worries me slightly.  That said, I am not letting go of shit.  Might if I was more loaded though.

Just because I have my finger on the metaphorical trigger, doesn't mean I don't have incredible trigger-discipline.

I couldn't decide what to do earlier, so I decided my best course of action was to take a nap. Rick lamented "What if it hits $15.5k USD/BTC ?" to which I responded, "I'm sure you'll wake me up to let me know..."

Anyway, was thinking about putting in a sell order @ $15.5k USD/BTC, but more inclined to let it ride this momentum.

Don't want to sound crass, but I'm loaded enough on BTC that I feel pretty good about letting go of a batch around here. Will make life less stressful for both Rick and myself, ultimately, and that's an important motivation for me, at this stage in our lives.

Totally respect and get that.  It's part of the reason we are all here.  Pretending it's not with Neo memes etc is silly.  I suppose there may be some folks you actually never sell until they are using it to live directly...  but that way is more for people who come in AFTER us.

Of course the masses still think they "missed bitcoin" thus are missing it again... but those entering now buying their "ONE WHOLE COIN" or even their 6.15 (whateverthehell that means) will be the ones who really have to be NEO in that meme.  The rest of us will be helping distribute the early corn fairly helping them to make their dreams come true.   Part of what makes the distribution fair is we lock in our speculative gains "too early" and live comfortable lives with the remainder in play. 

My comfortable divest zone just lags yours a little.

[Paashaas]

Read this thread: ''the most organic pump i've seen in years''

https://twitter.com/woonomic/status/1324790871686963200

[Biodom]

Does he not realize that counting ballots actually takes time?

... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote?

... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange?

The inner cities are completely corrupt Democrat cesspools. On election night, they pause the counting, wait for the results to come in from the rest of the state, figure out how many votes they're down by, manufacture whatever votes they need, then resume counting. It's the oldest [US] political trick in the book.

This approach was famously pioneered by Chicago Mayor Richard J. Daley. He essentially controlled every Illinois State election while he was in office in the 50s-70s.

My theory is that Trump pissed off all the Libs and some of the independents so they all got together in this big gang and voted against him at the next election.

And the reason it is faster to count rural areas in Nevada and Arizona is because the rural areas are made of sand and the urban areas actually have people in them.  

It's amazing how cities with millions of people like New York, Chicago, Houston, L.A., etc. have no problem getting their ballots counted on election day. However, second tier cities like Detroit and Philadelphia, in battleground states with democrat governors, have ballot counting that goes on for days and is fraught with problems.

I can't speak of any city, but Houston, where you could have voted with almost NO lines from Oct 13-Oct 30, including controversial drive-ins. In this situation, almost nobody sent a mail-in ballot, to my knowledge.

[JayJuanGee]

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Who knows exactly the balance of whether taking such extreme stances cost Republican votes or inspire democrat votes.. and in the end, the same results in which the democrat votes outnumber the republican votes in the key battle states that cause the tipping of the electoral college towards the democrats and against the republicans.  

In other words, overall, Trump did seem to receive a large number of votes.  Lots of muricans don't seem to mind sabotaging of the postal service and some other strange actions, including publicly proclaiming that votes should not be counted and other unappealing kinds of ideas..

He also said a lot of stupid stuff in regards to the virus not existing and failing to take responsibility for the inadequacy of his herd immunity strategy, but lots of muricans did not seem to mind that either.. I mean, he still got a lot of votes despite such seemingly retarded ideas.

[Biodom]

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Didn't he vote by mail himself?