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Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25193172 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. (157 posts by 13 users deleted.)
ghandi
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January 21, 2021, 10:37:53 PM

Farewell 30k. It was nice to meet you here. See you again next week. Smiley

// Ok, we have to wait a bit more. Postet it, when we hit 30.044USD. Seems like we to a bit bouncing around here first...
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nutildah
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January 21, 2021, 10:40:10 PM
Merited by 600watt (1), d_eddie (1)

That's great news. I hope he has a talk with Janet Yellen and straightens her out as well.

Yellen isn't off to as bad a start as Crypto Twitter might have you think. Released just yesterday:


Dr. Yellen, what do you view as the potential threats and benefits these innovations and
technologies will have on U.S. national security? Do you think more needs to be done to ensure
we have appropriate safeguards and regulations for digital and cryptocurrencies in place?


Answer: I think it important we consider the benefits of cryptocurrencies and other digital
assets, and the potential they have to improve the efficiency of the financial system. At the
same time, we know they can be used to finance terrorism, facilitate money laundering, and
support malign activities that threaten U.S. national security interests and the integrity of
the U.S. and international financial systems. I think we need to look closely at how to
encourage their use for legitimate activities while curtailing their use for malign and illegal
activities. If confirmed, I intend to work closely with the Federal Reserve Board and the
other federal banking and securities regulators on how to implement an effective regulatory
framework for these and other fintech innovations.
Gyrsur
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January 21, 2021, 10:40:42 PM



Fear and Loathing in Las Vegas. (Elevator scene)
rolling
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January 21, 2021, 10:44:24 PM

That's great news. I hope he has a talk with Janet Yellen and straightens her out as well.

Yellen isn't off to as bad a start as Crypto Twitter might have you think. Released just yesterday:


Dr. Yellen, what do you view as the potential threats and benefits these innovations and
technologies will have on U.S. national security? Do you think more needs to be done to ensure
we have appropriate safeguards and regulations for digital and cryptocurrencies in place?


Answer: I think it important we consider the benefits of cryptocurrencies and other digital
assets, and the potential they have to improve the efficiency of the financial system. At the
same time, we know they can be used to finance terrorism, facilitate money laundering, and
support malign activities that threaten U.S. national security interests and the integrity of
the U.S. and international financial systems. I think we need to look closely at how to
encourage their use for legitimate activities while curtailing their use for malign and illegal
activities. If confirmed, I intend to work closely with the Federal Reserve Board and the
other federal banking and securities regulators on how to implement an effective regulatory
framework for these and other fintech innovations.


Thanks. That is completely different than what was posted earlier in this thread. Lovely how people are already twisting things 1 day into the presidency.
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January 21, 2021, 10:58:15 PM
Merited by 600watt (1), sirazimuth (1)

Thanks. That is completely different than what was posted earlier in this thread. Lovely how people are already twisting things 1 day into the presidency.

Speaking of that, this representative, who thinks Sandy Hook was a hoax (if I have to tell any of you that Sandy Hook wasn't a hoax, god have mercy on us all), has already filed articles of impeachment against Biden.

https://twitter.com/RepMTG/status/1352359178355011586

Fucking morons. Their God was revealed to be a False Prophet and now they can't pipe down or do the least bit of self-reflecting even for 2 seconds heaven forbid their sloppily constructed world view comes crashing down like the fragile house of dung that it is.

"Oh, the bankrupt, morally deficient, narcissist game show host isn't the next messiah? Who would have thought?"
friends1980
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January 21, 2021, 10:59:13 PM


Hear hear.

Isn't it funny how no-one seems to whine about copyright or plagiarism, whenever someone posts photos like this one? Cool
Because the whole universe like tits and ass so they were busy looking at it rather than complaining.XOXO. Cheesy

Oh now I understand.
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January 21, 2021, 11:24:48 PM

Don't know if today will be the bottom, but it was surely peak FUD. They threw everything at it.
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January 22, 2021, 12:08:51 AM

Don't know if today will be the bottom, but it was surely peak FUD. They threw everything at it.

... local FUD peak. Deep State hates bitcoin because commie dreams are founded on fake fiat commie money. "Biden bans Bitcoin" is our FUD future as far as the eye can see. "Commie China ban bitcoin", what's the diff commie Biden or commie China ban? Sad commie bitcoiners need to own it, instead of drooling over press secretaries (wtf?) in their deluded fake kumbaya commie reality

... bitcoin peaked around Jan. 6 (commie Biden admin confirmed in commie Congress), coincidence?
icopress
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January 22, 2021, 12:12:04 AM
Last edit: January 23, 2021, 09:56:39 AM by icopress

Supply shortage incoming. 270,000 BTC off the market this month.
Bitcoin has broken the trend line ... I think this week the market will shake up short-term and long-term positions, as well as all those people who have a sense of urgency.
bitcoinPsycho
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THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


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January 22, 2021, 12:30:08 AM

I would much rather it was going up
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January 22, 2021, 12:39:10 AM
Merited by 600watt (5), ghandi (5)

Don't know if today will be the bottom, but it was surely peak FUD. They threw everything at it.

... local FUD peak. Deep State hates bitcoin because commie dreams are founded on fake fiat commie money. "Biden bans Bitcoin" is our FUD future as far as the eye can see. "Commie China ban bitcoin", what's the diff commie Biden or commie China ban? Sad commie bitcoiners need to own it, instead of drooling over press secretaries (wtf?) in their deluded fake kumbaya commie reality

... bitcoin peaked around Jan. 6 (commie Biden admin confirmed in commie Congress), coincidence?

Why not just change every word in your sentence to "commie"? I don't think the term has been played out enough since the 1980s.

So, are you going to address the fact that you've been absolutely wrong about everything you've said here for the last 2 months, or nah?

... just wondering what happens to bitcoin in a scenario where USA goes into martial law and Trump starts rounding up perpetrators of election fraud?

He has the power, some would say the constitutional duty, to protect USA against all enemies, foreign and domestic.

https://www.youtube.com/watch?v=720O_yBLrTs

... I think it's coming. Prepare yourselves for a step increase in crazy times.

Wrong. None of that happened.

PPS: i'm an outside observer, no dog in the game, you might want to look a little closer, your country is in a constitutional crisis and the MSM are totally quiet on it ...

Wrong. There was no constitutional crisis. Just a band of confused shitheads who broke their way into congress; half of which are now in jail or soon to be in jail.

I totally agree, time to bring the hammer down and start deleting some of this commie propaganda.

Wrong as fuck.

USA is being gas-lighted into a CCP-approved dictatorship ...

Wrong.

... you're being lied to and set-up for a communist dictatorship, it's clear as day. Take it from me, you've eaten the bait, hook, line and sinker.

Wrong.

"First they came for the Trumpists and I said nothing .... "

... if history is any guide this has a long way to run, authoritarian statists never give up power without bloodshed. The level of hate and vitriol being whipped up on both sides looks like it's being manufactured  ...

Wrong.

All must not be well inside the Pentagon either ...

Wrong!


Well done marcus. You've exhibited that the power of American political propaganda is so great that it can brainwash even non-Americans into rooting for a candidate.
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January 22, 2021, 12:43:25 AM

We need some #muchhomo Christmas cards
Searing
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January 22, 2021, 12:50:30 AM
Last edit: January 22, 2021, 01:01:29 AM by Searing

This is what institutions selling looks like.  Embarrassed Embarrassed


Yep!

Bitcoin "You merciless Bitch!"

But really on December 21st,2020 the price of BTC was $23,851.48 (see www.coinmarketcap.com)

current price is $29,543.80 from an ATH of $39,421.41 (see www.coinmarketcap.com)

Zowie! I guess if you have "Institutional Investors" and the HODL'ing gets "tough" they take their profits and leave the table ....got to justify

them bonuses don't ya know?

Hell, at this rate the big money and profit-taking by institutional investors could make BTC volatility much worse!



This is the point at which I should have found my muse to write the best haiku in the world, but I can't seem to concentrate even for a second goddammit.

One thing I can tell for sure tho: #nohomo

Ah...the "trophy wench" and fancy boat for her..slip farther and farther....from my HODL reach, now compared to the ATH...

damn it!

Brad

(edit: Let us be real here, BTC or no BTC, she would not let me park her car....sigh) Sad
bitcoinPsycho
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January 22, 2021, 01:24:24 AM
Merited by El duderino_ (5), JayJuanGee (1)



Bottom?
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January 22, 2021, 01:35:01 AM
Merited by 600watt (1)

People hating on Biden over bitcoin are dumb brainwashed.

ftfy
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January 22, 2021, 01:42:30 AM

We need some #muchhomo Christmas cards

Christmas is over, but how about some power bottoms ?

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January 22, 2021, 01:53:34 AM

One strange thing about bitcoin: it has a $551 bil market cap, but it's price is still moving like a startup or IPO, not to mention penny stocks.
For some reason, it is not being 'tamed' in its volatility as it ages and increases in size.
Several possible explanations:
1. It is still small comparing to the eventual steady-state levels.
2. Large money induces volatility so they can accumulate.
3. It is it's intrinsic property.
4. Some combination of the above 3.

Imagine bitcoin at $1 mil per and suddenly losing 15% in a day because of a rumor or a silly article.
...That would be $3 trillions, thank you very much.
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January 22, 2021, 01:54:27 AM

People hating on Biden over bitcoin are dumb brainwashed.

ftfy

That's fair, though there's a decent deal of overlap between the two.
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January 22, 2021, 01:55:58 AM

Sold a little @$39-ish, bought a little back @$29-ish. Couldn't resist.
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January 22, 2021, 02:10:16 AM

I thought this would happen after old Joe took office. Hardly surprising.




One of the first things Biden did yesterday was freeze ongoing FinCEN regulation, which includes the self-hosted wallet legislation that was being pushed through by Steve Mnuchin. But since Mnuchin is a Republican everything he does is good and everything Biden does is bad, right?

People hating on Biden over bitcoin are dumb.

Their one dimensional outlook on politics is long outdated, but they continue to cling to it out of a combination of fear and ignorance.

Can't you at least wait until Biden says something like this before jumping to these types of conclusions?



Not at all, it was a meme, as in a joke.

Along with another poster in the thread here we agreed there would probably be a downturn after Biden took office.
I think the excitement of him taking office probably partially boosted interest in investments / stocks, indeed also in Bitcoin over the last few months.
People are just taking (what they think is) profit at the moment. Whether that was due to a comforting factor of a return to less hectic politics (but still very much Wall Street supporting approaches) who knows.

I totally don't agree with some of Biden's policies but Trump indeed was hardly a saint and I reckon he simply didn't behave presidential enough in a year when it was needed most. It cost him.
He took the bait from the main stream media far too often too. The fact he was an outsider was a strength initially but also a weakness especially this last year.

His presence as president did highlight how ridiculous hypocritical both sides of the political divide are in the USA. People such as Loeffler stating there is definitely election fraud, the capitol hill thing happens, "oh because of that I am not going to contest the election." That makes zero sense. No integrity. If they did not believe there was election fraud they should never have gone along with Trump and gotten people so worked up / angry. They are all to blame for the carry on in that respect. People such as Schumer comparing the Capitol Hill thing with Pearl Harbour or 9/11 are shameful too. Regardless, I am not going to concern myself too much with these people going forwards. What is the point.

I think we may drop a bit more.
I'm not too worried.
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