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

[philipma1957]

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Yeah. You. Are. Right.

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash.

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it.

20k today is lower then 13k was last july 2019

So if we make 25-30k this year we equal july 2019

to make dec 2017 high of 19666 now today we need to be at 78k

while all of the above is based on mining profits and most coins are already mined mining still has some influence on liquidity of btc.

I would not get very excited until we clear 50k.

which is why most 20k speak is meh who cares.

I understand where you are coming from, but super profits attained in 2017 are unlikely to EVER occur in terms of profitability for a simple reason that a crazy amount of machines will be produced at 80K, which would decrease profitability. In fact, best times for mining in terms of btc gained were not in 2017, as you know. in dollar terms, of course this happens any time when prices skyed, but miner production did not catch up yet and then we had situations that you could not find a miner for a reasonable price.
I checked ebay- very high prices for used miners. S17-$2000...wow.

Well sure to expect dec 2017 profits now today is to expect a price of 78k.

But on Nov 24 2017 price was 8215

So it moved to 19666 on dec 17 2017

19666/8215 = a 2.399 to 1 factor


so 2.3939 x 19200 = 45,963  which would really be nice..

"We will see what we shall see".  This a quote of my late father-in-law as it was a favorite saying of his and I think it fits here.

I googled it and it seems he was quoting this

"We shall see what we shall see.  We have the start now; the developments will follow in time."

 by Wilhelm Röntgen

[Toxic2040]

was trying to just make a cool rocket gif..something else happened as well

think i will call it 'oh be still my beating heart for is this not love?'


crafted from this video..guy does amazing work

+1 WOsMerit Ryan

Cosmic Perspective
Rocket Theater #1
https://www.youtube.com/watch?v=BkAVomgJo1E

-------

evening charts


#dyor

1h


4h

#stronghands

[explorer]

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Yeah. You. Are. Right.

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash.

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it.

20k today is lower then 13k was last july 2019

So if we make 25-30k this year we equal july 2019

to make dec 2017 high of 19666 now today we need to be at 78k

while all of the above is based on mining profits and most coins are already mined mining still has some influence on liquidity of btc.

I would not get very excited until we clear 50k.

which is why most 20k speak is meh who cares.

I understand where you are coming from, but super profits attained in 2017 are unlikely to EVER occur in terms of profitability for a simple reason that a crazy amount of machines will be produced at 80K, which would decrease profitability. In fact, best times for mining in terms of btc gained were not in 2017, as you know. in dollar terms, of course this happens any time when prices skyed, but miner production did not catch up yet and then we had situations that you could not find a miner for a reasonable price.
I checked ebay- very high prices for used miners. S17-$2000...wow.

Well sure to expect dec 2017 profits now today is to expect a price of 78k.

But on Nov 24 2017 price was 8215

So it moved to 19666 on dec 17 2017

19666/8215 = a 2.399 to 1 factor


so 2.3939 x 19200 = 45,963  which would really be nice..

"We will see what we shall see".  This a quote of my late father-in-law as it was a favorite saying of his and I think it fits here.

I googled it and it seems he was quoting this

"We shall see what we shall see.  We have the start now; the developments will follow in time."

 by Wilhelm Röntgen

I still don't get why you are comparing 2020 to 2017.  2016 would be the corresponding cycle year.

[Biodom]

Oh, crap, there goes the neighborhood...we are getting monoliths now...

https://www.npr.org/2020/11/24/938572857/helicopter-pilots-spot-strange-sci-fi-looking-object-in-utahs-red-rock-country

they checked it out-no sign of any messages or btc "words" so far

[philipma1957]

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Yeah. You. Are. Right.

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash.

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it.

20k today is lower then 13k was last july 2019

So if we make 25-30k this year we equal july 2019

to make dec 2017 high of 19666 now today we need to be at 78k

while all of the above is based on mining profits and most coins are already mined mining still has some influence on liquidity of btc.

I would not get very excited until we clear 50k.

which is why most 20k speak is meh who cares.

I understand where you are coming from, but super profits attained in 2017 are unlikely to EVER occur in terms of profitability for a simple reason that a crazy amount of machines will be produced at 80K, which would decrease profitability. In fact, best times for mining in terms of btc gained were not in 2017, as you know. in dollar terms, of course this happens any time when prices skyed, but miner production did not catch up yet and then we had situations that you could not find a miner for a reasonable price.
I checked ebay- very high prices for used miners. S17-$2000...wow.

Well sure to expect dec 2017 profits now today is to expect a price of 78k.

But on Nov 24 2017 price was 8215

So it moved to 19666 on dec 17 2017

19666/8215 = a 2.399 to 1 factor


so 2.3939 x 19200 = 45,963  which would really be nice..

"We will see what we shall see".  This a quote of my late father-in-law as it was a favorite saying of his and I think it fits here.

I googled it and it seems he was quoting this

"We shall see what we shall see.  We have the start now; the developments will follow in time."

 by Wilhelm Röntgen

I still don't get why you are comparing 2020 to 2017.  2016 would be the corresponding cycle year.

well if every one is all hot and botherd we are approaching an all time high of 20k they are comparing todays price to 2017.

I trying to show BFD as 20k is simply not the number to think about.

75-78k or 25-30k would be numbers to think about.

another example the dow hit 30k today

so in 2017 what was the dow on nov 24.   about 23450

[BobLawblaw]

Alright. No $20k USD/BTC today. Everybody pack it up for the day.

We try again in the morning.

[cAPSLOCK]

Alright. No $20k USD/BTC today. Everybody pack it up for the day.

We try again in the morning.

This is good luck, I just know it!

[philipma1957]

Alright. No $20k USD/BTC today. Everybody pack it up for the day.

We try again in the morning.

25k by dec 14th

[cAPSLOCK]

Anyone know why Max Keiser keeps saying 28k?  What's special about 28k?

[Biodom]

Anyone know why Max Keiser keeps saying 28k?  What's special about 28k?

BETI predicted 28K last time (2017), but it got derailed by the CME futures.
We should have extended there then.
Right now-a number of no particular importance, or maybe of some importance to Max...makes him a $ billionaire ...or something.
Albeit, it is not clear if some large scale btc buyers still have most or all. I recall that he was saying that he bought at 10c or something to that extent.

Winklevoss twins bought 120K
Palihapytia bought unclear amounts (maybe as much as 3% at some point, definitely sold or invested some)
Novo bought 30K, who knows if sold or held.
Morehead-same, probably invested all in his fund.
Some other Fortress guy, name escapes me (Hill?)-also 30K
Draper bought 30K, unclear if he still has it or "invested" in VC stuff.
new known buyers:
Saylor man 17K for himself, 38K for the company that he is 26% owner of (with controlling shares)
Some Mexican billionaire said that he bought with 10% of his liquid funds (total wealth 13 bil, who knows the liquid portion, maybe as little as 10%)

[explorer]

Alright. No $20k USD/BTC today. Everybody pack it up for the day.

We try again in the morning.

   I've got 5 hours left 

[jojo69]

Alright. No $20k USD/BTC today. Everybody pack it up for the day.

We try again in the morning.

[HairyMaclairy]

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Rest assured, this will be the third time we have destroyed a multi-year ATH, and we have become exceedingly efficient at it.

[JayJuanGee]

Hi fellows,
I'm not very active since years, and not active at all since the pandemic began, but bitcoin caught once again my attention  

In my opinion ATH is over 20k on bitstamp, and seems like we are almost there.

Once upon a time i used to be very informed about what's going on, at this ride I tried to remain updated about the news using mainstream media, but it's very difficult because of all the crap.

Just a couple question for the good-hearted who are willing to enlight me:

-Any interesting stuff or drama going on?

-Any free money at this turn? (I remembered bitcoin cash and clams and all the later airdrops, a lovely way to increase my btc stash)

-What is this DE-FI shit about? I read about it everywhere, seems nothing new, but i would like to ear an hodler's point of view.

I have also a lot of questions about tether, lighting network... i missed all the info who aren't available easly with google. I am not asking for a complete explanation about the last year in the bitcoin ecosystem, i'm just looking for some keywords.

Thank you

You have too many questions comrade erre.

We are looking for answers here, not questions.

Where’s Bossian?
That guy owes me 0.05BTC when we cross the ATH.

You are presuming too much.   

We have at least $224 before crossing ATH.

At least you have 1 year, 1 month and 6 days (or 402 days) for this additional BTC price appreciation to play out.  Figuring about $.56 per day (or $.55721393 per day), and you will reach it... and win the bet.  Good luck.

**By the way, I am thinking that Bossian was NOT planning on losing the bet.. since he had provided an address for you to send the expected payment, but NOT al reves.

[Lambie Slayer]

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

look for investments that will "work while you sleep" literally.

BTC

Yeah, but... what are the sources for these two quotes?

Yourself?  Someone else?  Would be nice to know.

At this point I can buy Risto's castle.  

Wonder if he still owns it?

It burnt down more than a year ago.. maybe even two years ago.

At this point I can buy Risto's castle.  

Wonder if he still owns it?

 I believe the castle was irreparably damaged in a fire 2 years ago and rumour has it that Risto passed away recently (his death was not related to the fire - physically - as he was not in Estonia when it occurred).
 
 However, Bitcoin lives on and there are many castles in Europe for sale!  May I suggest the Pyrenees?

Smartie pants, aka Homer.. beat me to it...

 

I think we will reach ATH today.

I don't know... walls are pretty massive.

Walls are reverse indicators.

Don't you know nuttin?

I think a new all time high by Thanksgiving is in the cards.

That would mean lots of "I told you so's" to many nocoiner family members.

This would cause massive FOMO from nocoiner family members and should get us to 24k by Christmas.

This would be a reasonable overshoot of Hairy's fractal.

Turkey prophecy almost complete

The FOMO from Thanksgiving table discussions will be epic.

Thanksgiving has been cancelled.

Didn't you know nuttin, lambie-bambie?

Only canceled for peeps like GayJuanGee hiding under their bed bc of coronasniffles. As your Sorcerer in Chief(Elect), by executive order, I decree the Thanksgiving prophecy will be completed.

[JayJuanGee]

I think a new all time high by Thanksgiving is in the cards.

That would mean lots of "I told you so's" to many nocoiner family members.

This would cause massive FOMO from nocoiner family members and should get us to 24k by Christmas.

This would be a reasonable overshoot of Hairy's fractal.

Turkey prophecy almost complete

The FOMO from Thanksgiving table discussions will be epic.

Thanksgiving has been cancelled.

Didn't you know nuttin, lambie-bambie?

Only canceled for peeps like GayJuanGee hiding under their bed bc of coronasniffles. As your Sorcerer in Chief, by executive order, I decree the Thanksgiving prophecy will be completed.

Do I purportedly know this "GayJuanGee" peep that you mention?  I am suspecting that such referent is peep, no?

Hi fellows,

[...]

Just a couple question for the good-hearted who are willing to enlight me:

-Any interesting stuff or drama going on?

No, except for cringe Bitcoin maximalists hammering on their beloved shitcoin drama drum each time they think they have an audience.

Let it go, Wekkel feckle..  Let it go.

We are in a bitcoin enfocused thread - last time I checked my lil selfie.

   

 

Noob detected:

He doesn't know nuttin.

So guys, my chart drawings tell me that $19k would likely be crossed (or fought for) within the next 12-24 hours  
(Or not. We'll see. DYOR. No financial advice....)

This quote is exclusively for JJG  
no offense, buddy  

I feel special, even though I do not understand it....  

No, except for cringe Bitcoin maximalists hammering on their beloved shitcoin drama drum each time they think they have an audience.

ha ha...with btc at "almost" ATH, it is somewhat justified, but I am maxi only with respect to what btc can achieve and flat out rejection of DCA (in or out) "tech".
Extracurricular activities are not planned, but I am not going to say no to money dropping into my hands (legally).

Another puzzle of a response.  I seem to be just NOT getting anything.

It's like I am on another planet.   

[Lambie Slayer]

I think a new all time high by Thanksgiving is in the cards.

That would mean lots of "I told you so's" to many nocoiner family members.

This would cause massive FOMO from nocoiner family members and should get us to 24k by Christmas.

This would be a reasonable overshoot of Hairy's fractal.

Turkey prophecy almost complete

The FOMO from Thanksgiving table discussions will be epic.

Thanksgiving has been cancelled.

Didn't you know nuttin, lambie-bambie?

Only canceled for peeps like GayJuanGee hiding under their bed bc of coronasniffles. As your Sorcerer in Chief, by executive order, I decree the Thanksgiving prophecy will be completed.

Do I purportedly know this "GayJuanGee" peep that you mention?  I am suspecting that such referent is peep, no?

He is your alter ego, he comes out at certain times. You may not however be directly familiar with him.

No peep would be to look at something, liking a peeping Tom or peeping Juan.

[Lambie Slayer]

BITCORN GROWINGGGGGGG====> 50K NEXT LEGZZZ :-D WEEEEEEEEEEEEEEEEE

I like Bullish Gembitz, no homo

[JayJuanGee]

My selling purposes is only for living expenses, tax related, the inevitable consequence of going all in  

Can you explain this? :-)

Yes, I can.  The dragon is overinvested in bitcoin, and therefore he has to shave a bit of the corn off in order to pay some expenses.

[nullius]

overinvested in bitcoin

It’s funny.  I never hear people say, “overinvested in (dollars|euros|whatever)”.  ;-)

Can one be overinvested in money?  Is that like allocating too much cash in your portfolio?

Firing at random, for I am now something like 20 pages behind WO.  ATH yet?