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

[LFC_Bitcoin]

@sthenc
The enormous transfer of wealth from US Treasury bonds to Bitcoin will be one of the most virtuous and liberating events in human history.
https://twitter.com/sthenc/status/1334972899975786502?s=21






Michael Saylor is an absolute unit, he’s bought MOAR -



@michael_saylor

MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824 bitcoins.

https://twitter.com/michael_saylor/status/1334990791496884224?s=21
https://www.sec.gov/ix?doc=/Archives/edgar/data/1050446/000119312520310787/d22733d8k.htm

[Toxic2040]

#dyor


1h


4h


D


W

#stronghands

[Arriemoller]

How it's even possible LOL

Think of the average American. 50% of them are dumber than that.

I don't really like this American bashing that is displayd every now and then, even by Americans themselves. I have lived in Colorado and the people I met were no dumber than the average Swede.

[UnDerDoG81]

Hahah funny how some can change his bullish mind when he wants to buy more corn... So I hope for a deeeep weekend dump and then back bullish...

Hope ur lil selfie all that you like, UnDerDoG81.  

Odds are probably slightly less than 50/50 for what you want, but surely NOT impossible....  

I would not want to specify what I currently believe the odds to be before you might attempt to clarify your definition of "deeeep."  Something like $17,500 would be deeeep?  Or you need MOAR deeper?  or less deeper in order to be "satisfied"?

I have some fiat to play with. I bought my bitcoins some time ago and hold them. Never did trading. But this time with this money I want to try to make profits by trading. So I have an eye on shitcoins. Never bought any other coin before. Xrp dropped 11% today. Its highly risky I know. Playing with fire since it's 5 digits I play with. But I had a feeling of a weekend dump. Not sure at what point to go in. But 11% would mean a nice profit if it goes back up on monday. Could be some nice christmas gift

[explorer]

How it's even possible LOL

Think of the average American. 50% of them are dumber than that.

I don't really like this American bashing that is displayd every now and then, even by Americans themselves. I have lived in Colorado and the people I met were no dumber than the average Swede.

  Western Average holds.  It's not a high bar...

[eXPHorizon]

I don't really like this American bashing that is displayd every now and then, even by Americans themselves. I have lived in Colorado and the people I met were no dumber than the average Swede.

Don't worry about it too much, it is just a personal POV of Americans .. so basicaly Irrelevant?

[dragonvslinux]

Some big movement happening around here

At first sight I thought it looked like whale dumping manoeuvres, but seems to just be Tether "treasury" intending to pump Bitcoin again 

[Toxic2040]

evening charts


#dyor

squirrel digs for corm
1h



bears have to eat too
4h

#stronghands

[BobLawblaw]

Wonder how low we gonna go...

[Syke]

I don't really like this American bashing that is displayd every now and then, even by Americans themselves. I have lived in Colorado and the people I met were no dumber than the average Swede.

Colorado isn't an average state. They rank near the top 10 in education, healthcare, and economy.

[xhomerx10]

 Speaking of pizza and false narratives, it was 4 years ago today that Edgar Maddison Welch showed up at Comet Ping Pong with a loaded AR-15, a .38 cal revolver and a shotgun intending to free children who were purportedly locked away in the basement of the club.  He fired 3 shots inside, found nothing suspicious and surrendered to police. 

[mikeywith]

Wonder how low we gonna go...

$13400-$14000 would be my "guess".

[xhomerx10]

I don't really like this American bashing that is displayd every now and then, even by Americans themselves. I have lived in Colorado and the people I met were no dumber than the average Swede.

Colorado isn't an average state. They rank near the top 10 in education, healthcare, and economy.

 Don't forget altitude!  Colorado has the highest mean altitude as well as the 'highest' populace.

[xhomerx10]

Wonder how low we gonna go...

$13400-$14000 would be my "guess".

 13.4k?!  I'm glad to see you took your hat off before making this post 

[Torque]

I don't really like this American bashing that is displayd every now and then, even by Americans themselves. I have lived in Colorado and the people I met were no dumber than the average Swede.

Colorado isn't an average state. They rank near the top 10 in education, healthcare, and economy.

 Don't forget altitude!  Colorado has the highest mean altitude as well as the 'highest' populace.

Also they have the highest number of waiters and brewmasters with either a Masters degree or PhD.  /zing! 

^{(Sorry, that pot shot was just too easy)}

[cAPSLOCK]

Don’t get caught up in the hype as bitcoin hovers around $19,000
https://www.cnbc.com/2020/12/02/dont-get-caught-up-in-the-hype-as-bitcoin-hovers-around-19000.html

"Most advisors would caution clients who want to invest in bitcoin, or any other buzzy trend.

It can be easy to have FOMO, or fear of missing out, on the latest hot investing trend, according to Roger Ma, CFP and founder of New York City-based financial planning firm lifelaidout.

It’s best to keep your goals in mind before putting money into a fad investment, which could be something like bitcoin, a commodity like gold or the latest hot stock that’s taking off."

You hear that plebs? The MSM message is clear --- stay the fk away from bitcoin!

Because this time we are right gaddmmit and you stupid druggie millineal assholes are gonna finally see that you were idiots all along!

Tee-hee.

[mikeywith]

13.4k?!  I'm glad to see you took your hat off before making this post 

Never really had one to wear 

13.4K is the ultimate bear scenario, eventually, we will HAVE to make a major correction down to the 20MA on the weekly, we have gone up 100% without any major correction, these corrections that happen every time will pretty much happen soon, and they are 25-35% easily, so it's up to the market as of when to take that dive, if it isn't 19.5k to 13.5k (30%) then it will be 22k to 15.5k, or 26k to 18k, the point here is that major corrections will have to happen and weak hands will panic and sell, so it's good to know that a drop of 25-35% is very likely and is very normal on the way up.

Now if you are a long-term investor, this shouldn't really mean much to you, these corrections happen so fast (2-3 weeks) and the market takes about the same duration to recover to where it tanked from, but if you are a trader waiting for good entries then placing buy orders near the 20MA on the weekly is almost always a perfect entry point.

With that being said, don't attempt to short bitcoin. .

[xhomerx10]

13.4k?!  I'm glad to see you took your hat off before making this post 

Never really had one to wear 

13.4K is the ultimate bear scenario, eventually, we will HAVE to make a major correction down to the 20MA on the weekly, we have gone up 100% without any major correction, these corrections that happen every time will pretty much happen soon, and they are 25-35% easily, so it's up to the market as of when to take that dive, if it isn't 19.5k to 13.5k (30%) then it will be 22k to 15.5k, or 26k to 18k, the point here is that major corrections will have to happen and weak hands will panic and sell, so it's good to know that a drop of 25-35% is very likely and is very normal on the way up.

Now if you are a long-term investor, this shouldn't really mean much to you, these corrections happen so fast (2-3 weeks) and the market takes about the same duration to recover to where it tanked from, but if you are a trader waiting for good entries then placing buy orders near the 20MA on the weekly is almost always a perfect entry point.

With that being said, don't attempt to short bitcoin. .

 That's preposterous!  (about the hat I mean - somebody should do something about that)
 Personally, I'm a long term hodler but I always appreciate other's insights on the direction of Bitcoin.

[JayJuanGee]

Good evening WO!
Observing @ $19,000

Oh dear JJG 😋

Welcome to the Jay Juan Megathread. ... #Magathread  

Welcome to you, also... STRF... I am a little offended that you did not use any ALL CAPS in your post.

Hahah funny how some can change his bullish mind when he wants to buy more corn... So I hope for a deeeep weekend dump and then back bullish...

Hope ur lil selfie all that you like, UnDerDoG81.  

Odds are probably slightly less than 50/50 for what you want, but surely NOT impossible....  

I would not want to specify what I currently believe the odds to be before you might attempt to clarify your definition of "deeeep."  Something like $17,500 would be deeeep?  Or you need MOAR deeper?  or less deeper in order to be "satisfied"?

I have some fiat to play with. I bought my bitcoins some time ago and hold them. Never did trading. But this time with this money I want to try to make profits by trading. So I have an eye on shitcoins. Never bought any other coin before. Xrp dropped 11% today. Its highly risky I know. Playing with fire since it's 5 digits I play with. But I had a feeling of a weekend dump. Not sure at what point to go in. But 11% would mean a nice profit if it goes back up on monday. Could be some nice christmas gift

This is not the place to talk about your lame ass fantasies related to various shitcoins, but if you have lame ass fantasies related to bitcoin, then that would, at least, be on topic.

[Toxic2040]