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

[True Myth]

We seem to be having problems staying over 40K.
Is this just a natural correction and Resistance or should we be worried

if you are worried by 41K to 39.5K move in bitcoin, than you could be the next mindrust (see the midrust legendary story).

Can you provide a link to the story. I read here only small parts what happens. Would be nice know all. Thank you.

Around there :  started a bit before and continues after...   

https://bitcointalk.org/index.php?topic=178336.msg54020506#msg54020506

Thank you. So I will put some popcorn into the microwave and start to read 😁

Interesting...WO travails become a story/lore for future bitcoinologists to study.

All of those gay Christmas cards are really going to throw them off...

[1714323558]

1714323558

[1714323558]

1714323558

[HairyMaclairy]

 7M liquidated SHORT @  40469.0 on BITMEX a few seconds ago...

Going to need some ice for that one...

A taser to the balls needs more than an icepack

[Biodom]

41...maybe a new meaning of 42 (from the Hitchhiker's guide)?

[HairyMaclairy]

You have to help nocoiners learn to climb out of fiat slavery.  

via Imgflip Meme Generator

Its time to dust off and break out the traditional early spring wall climber posts.

[Arriemoller]

Here's the announced photographic spam. It's a HDR blending of a thunderstorm cloud, three exposures, handheld.
Won a price for that one about a decade ago.
Today i suffered from acute hearing loss, everything sounded dull but some sounds like claps and low rumbles were uncomfortably loud, almost painful, at least irritating, accompanied by the constant feel of a state of passing out the very next moment. Lasted a few hours until it faded away. I'm fine now, but tired AF but i wanted to hold up to my words, so here's the eyecandy (which fits to the price action today somehow, imo).



Good night hodlers.

Maybe you should check for epilepsy, it could be some mild form.

[WastedLTC]

Interesting...WO travails become a story/lore for future bitcoinologists to study.

Pretty sure this was all predicted too but who would have known the future would have already arrived. 

[xhomerx10]

Here's the announced photographic spam. It's a HDR blending of a thunderstorm cloud, three exposures, handheld.
Won a price for that one about a decade ago.
Today i suffered from acute hearing loss, everything sounded dull but some sounds like claps and low rumbles were uncomfortably loud, almost painful, at least irritating, accompanied by the constant feel of a state of passing out the very next moment. Lasted a few hours until it faded away. I'm fine now, but tired AF but i wanted to hold up to my words, so here's the eyecandy (which fits to the price action today somehow, imo).



Good night hodlers.

Maybe you should check for epilepsy, it could be some mild form.

 Nah.  It's not epilepsy - don't scare the guy!  I've had it a couple of times and while it sucks, it doesn't usually last long.  He'll probably be fine tomorrow. 

[philipma1957]

We seem to be having problems staying over 40K.
Is this just a natural correction and Resistance or should we be worried

WoW, bit fast to be worried .... to crazy to discus in fact

.

please  find the rusty pipe.

We are on wards and upwards for at least 13 days .  Most likely if Biden gets swore in without an issue many will sell off the btc they purchased just in case.

Don't sell a lot as I still think we go back up again.

[BitcoinBunny]

We seem to be having problems staying over 40K.
Is this just a natural correction and Resistance or should we be worried

WoW, bit fast to be worried .... to crazy to discus in fact

.

please  find the rusty pipe.

We are on wards and upwards for at least 13 days .  Most likely if Biden gets swore in without an issue many will sell off the btc they purchased just in case.

Don't sell a lot as I still think we go back up again.

That's what I'm thinking, 20th of January the price might well tank.

[lightfoot]

We are on wards and upwards for at least 13 days .  Most likely if Biden gets swore in without an issue many will sell off the btc they purchased just in case.

Don't sell a lot as I still think we go back up again.

Personally, I don't think so. Bitcoin has been tracking the stock market lately which annoys the hell out of me from a spiritual sense but there you go. Right now everyone is thinking the economy will bounce back hard from this COVID shutdown and to be honest they are probably right. When the COVID dollars get spent that might cause a run out of bitcoin into car manufacturers and the like or it might go INTO bitcoin as inflation may take hold.

Time will tell, but if the economy gets better people are going to continue to chuck money into bitcoin. We shall see.

[eddie13]

We are on wards and upwards for at least 13 days .  Most likely if Biden gets swore in without an issue many will sell off the btc they purchased just in case.

Don't sell a lot as I still think we go back up again.

Personally, I don't think so. Bitcoin has been tracking the stock market lately which annoys the hell out of me from a spiritual sense but there you go. Right now everyone is thinking the economy will bounce back hard from this COVID shutdown and to be honest they are probably right. When the COVID dollars get spent that might cause a run out of bitcoin into car manufacturers and the like or it might go INTO bitcoin as inflation may take hold.

Time will tell, but if the economy gets better people are going to continue to chuck money into bitcoin. We shall see.

The China virus shutdown is not going to end, its going to get worse..
The vaccines won’t work but will likely make it worse by damaging immune systems to other corona strains/mutations..
The masks will never end..
Curfews will come..
Soon your day will be Tuesday when you are allowed out for a few hours, your brother will be Thursday, and your best friend Sunday..
Information to the public will become heavily censored.. You won’t know in Alabama what just happened in Detroit or that their is even an uprising happening in DC..
Travel and the travel of news/information will be stopped..
Att buildings will get “bombed” and your cell phones won’t work.. Same with your isp..
The TV will keep you calm with misinformation..

Think hunger games minus the death sports..

Have Bitcoin for fleeing purposes..
Forget the price, be prepared to GTFO..

[True Myth]

https://www.cnbc.com/amp/2021/01/08/bill-miller-says-bitcoin-becomes-less-risky-the-higher-the-price-goes-.html

Value investor Bill Miller said Friday he believes owning bitcoin becomes a safer investment decision the higher the price of the digital coin gets.

"Bitcoin's total supply is growing less than 2% a year and it's obvious by the price that the demand is growing much, much faster than that. As long as that obtains, bitcoin is likely to go higher and perhaps considerably higher," added Miller, founder and chief investment officer of Miller Value Partners.

Bitcoin has had dramatic corrections in the past, and Miller cautioned investors that the cryptocurrency's volatility is unlikely to go away any time soon, even as more institutional investors get behind it. "I think if you can't take that, you probably should not own bitcoin," he said.

[infofront]

We are on wards and upwards for at least 13 days .  Most likely if Biden gets swore in without an issue many will sell off the btc they purchased just in case.

Don't sell a lot as I still think we go back up again.

Personally, I don't think so. Bitcoin has been tracking the stock market lately which annoys the hell out of me from a spiritual sense but there you go. Right now everyone is thinking the economy will bounce back hard from this COVID shutdown and to be honest they are probably right. When the COVID dollars get spent that might cause a run out of bitcoin into car manufacturers and the like or it might go INTO bitcoin as inflation may take hold.

Time will tell, but if the economy gets better people are going to continue to chuck money into bitcoin. We shall see.

I recall seeing Willy Woo saying that the BTC-stock correlation has been deteriorating over the last few months. I'd love to see an updated graph, visualizing the correlation.

[Hueristic]

0MG, I can't believe Trump just tweeted that! 

[lightfoot]

0MG, I can't believe Trump just tweeted that!  

My turn....

[lightfoot]

I recall seeing Willy Woo saying that the BTC-stock correlation has been deteriorating over the last few months. I'd love to see an updated graph, visualizing the correlation.

I'd like to see that, but since about 19k whenever the market dropped Bitcoin would drop. Then resume it's power rush.

Right now it's at a nice solid happy 40k, and I really can't complain about that much.

[savetherainforest]

https://twitter.com/BTCsessions/status/1347588037455224838


Enable audio for maximum effect.

   ... OWHH MUHH GAWDDDDD!!! ITS MAGICAL !!!

[philipma1957]

What I don't understand is why Trump didn't immediately switch to Gab or Parler when he became president. All his followers would have switched too, and all his opponents and all of MSM would have had to switch too.
It would have made it an immediate success and a serious, uncensored, threat to twitter.

Parler is no different. Parler is a US corporation, and as such has to abide by the same laws and regulations. There absolutely is "censorship" on Parler. They remove posts, ban users, etc. who violate their terms&conditions.

Yes, well of course they have rules, everybody does, but Parler only have what you might call "skeleton rules" but if you brake those, you will of course be punished. But they are neutral, and don't kick people out for having the "wrong" ideas.

"Wrong" actually is "harmful", "wrong" opinions that are not harmful are not censored. And in that sense all the MS social media also have skelleton rules. I mean you can still spread anti-vax shit there. And people do actually believe that shit causing huge economic damage - and driving up the price of my health insurance and making it take longer till the bars and clubs reopen.

It doesn't matter what label you put on it, it's still censorship.

Did you drink your bleach today? The president said injection works so stop drinking it and start shooting it.

While you may say I am not that stupid I dont drink or inject it. Some people can be very naive and just loyally obey what their president says .

Frankly I have been through 12 presidents and have caught all but two lying multiple times.

I was under three years old for Eisenhauser and about 4-6 years old for Kennedy. But every one since has clearly lied at least one time.

So I know everything I read or see may be a lie or true.

[HairyMaclairy]

I am growing quite fond of political posts.

[savetherainforest]

I am growing quite fond of political posts.

Oh ... do you?!? ... What do you think about the civil war that is currently happening in The Divided States of America??