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

[shahzadafzal]

hey guy block this mofo he is slacking off.

we are under 17k.

I tell you if they do a 0.50% fed jump on the 13th vs a 0.75% jump we will rally bigly.

could happen, but just because many market participants are kids...fed already telegraphed that move.

yeah  and it should work well.

It seems to me that the Feds are trying to figure out some kind of a balance to attempt to achieve a "soft" rally rather than a "bigly" rally, if that is possible. Who knows if it is possible?  ...

This reminds me of this Pivoooot!!!
https://www.youtube.com/watch?v=8w3wmQAMoxQ

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[Rehan Zakir]

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year



Standard Chartered Bank published a note titled “The financial-market surprises of 2023” Sunday. The note outlines a number of possible scenarios that “we feel are under-priced by the markets,” wrote Eric Robertsen, Standard Chartered’s global head of research.

One of the scenarios is bitcoin’s price dropping to $5,000 next year, which would be about a 70% drop from BTC’s current price of around $17,000.

What are your suggestions about this prediction of bitcoin price??

Information source

[JayJuanGee]

In other words, buy and stop fucking around with trying to figure out if the BTC price is high or low or whatever..

If your investment timeline is 4-10 years or longer (which hopefully many of us can accomplish such a timeline), it is not going to matter if you paid a few dollars or even a few hundred dollars more or a few dollars or a few hundred dollars less because you were trying to be a bitcoin price direction genius wannabe.

Imagine everyone using all that wasted time to find more ways of earning additional income to buy more Bitcoin instead of creating graphs, irrelevant links and predictions and whining about temporary portfolio paper losses.  All that effort and time could mean an additional few percentages every DCA buy, it adds up very quickly.
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Regards,
PrivacyG

Actually, that is a good point too.  

I had not had a lot of those kinds of conversations recently, but historically, I recall so many forum members considering the various ways that they could either get bitcoin for free or to try to get a job to earn bitcoin, and sure, there is nothing wrong if a person can actually earn bitcoin, but sometimes the amounts might be so small that it might be way better to just figure out ways to increase cashflow and to actually buy BTC on a regular basis rather than dickering around with various ways to try to earn free bitcoin that might not flow as easily as merely buying the bitcoin on a regular basis, and like you say PrivacyG, it seems to be a good thing, when possible, and when guys/gals are in their working years to figure out ways to be able to earn more income (even if dirty fiat) and to buy more BTC because of the earning capacity (or cashflow) had gone up.

.. increase income, decrease expenses and buy BTC regularly even if there might merely be an extra $50 coming in per week, that might end up being an extra $50 that could go into stacking sats.

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year

Standard Chartered Bank published a note titled “The financial-market surprises of 2023” Sunday. The note outlines a number of possible scenarios that “we feel are under-priced by the markets,” wrote Eric Robertsen, Standard Chartered’s global head of research.

One of the scenarios is bitcoin’s price dropping to $5,000 next year, which would be about a 70% drop from BTC’s current price of around $17,000.

What are your suggestions about this prediction of bitcoin price??
Information source

Sounds like a no coiner dream... and someone with decent chances of having fun staying poor.

[xhomerx10]

AWww.  71 is too young to go.



 RIP Kirstie Alley

[ChartBuddy]

Explanation

[ChartBuddy]

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[Gachapin]

I have a fantastic 345,000$ Samsung desktop monitor (2021 ATH price). Luckily it's only 85,000$ rn ...  still using it though  

You must be richie.
...

If having an old Samsung desktop monitor makes one rich in your view, then yes  

[xhomerx10]

 Friendly neighbour Bob passed away too.  HE managed a few more years than Kirstie though.



 RIP Mr. McGrath

[ChartBuddy]

Explanation

[hisslyness]

Fell asleep watching this boring Brazil match and had a nightmare BTC crashed to below $7000.

 

not boring overall, it's a little bit boring, we see how Brazilian players teach Japanese players how to play soccer. eemmm BTC to $7000?.... it was just a nightmare, it will never happen.

Are you referring to the game this morning? because that was South Korea, or are you referring to Friendly between Brazil and Japan on the 6th June 2022?

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[PrivacyG]

.. increase income, decrease expenses and buy BTC regularly even if there might merely be an extra $50 coming in per week, that might end up being an extra $50 that could go into stacking sats.

I always say it.  We are down what, like four times from All Time High.  Even $50 extra per week is a lot.  But if dollar matters that much, when we go to All Time High the $50 I earn today will be $200.  That work I did for 'only' $50 will be valued four times more, all I have to do is wait.  I know there will be a time when All Time High will be back, so I just think in that level of prices by multiplying any amount I buy by how much there is left to All Time High and it motivates me a lot.

If we stay in the same range for two months and earn an extra $50 per week.  And then Bitcoin doubles.

I will continue earning $50 extra per week while all my previously earned $50 now become $100's.

This is of course not something you can tell anyone.  I can talk about this with you, because I am sure you also know Bitcoin is not going to sit forever where it is now.  I avoid telling non Bitcoiners because if you tell this to someone who is desperate to make profit, they will start doing exaggerated actions like selling their house, items or car to buy Bitcoin with all the money and whine about Bitcoin dropping $500, then sell their Bitcoin in big panic and then cry forever about their loss.  Because they think in dollars and live in the 'NOW' when they can try instead to create a vision of a better future for themselves and accumulate.

But jokes on you, I am multiplying money having fun accumulating satoshis AND I have my own banking and coins nobody can control.

Like you say.  These are the kind of people who are going to stay poor.

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Regards,
PrivacyG

[vapourminer]

eemmm BTC to $7000?.... it was just a nightmare, it will never happen.

7k usd a nightmare?

lol

really points out how far btc has come since i started out..  if i had heard of a 7k usd price prediction back in 2011 i would would of laughed so hard i prolly would of needed an emergency department visit.

now 7k is nightmare fuel. heh

buckle up boiz, you aint seen nuthin yet.

[ChartBuddy]

Explanation

[Torque]

How to tell when the bottom is in?

The MSM will signal it for you, with massive FUD headlines:

Bitcoin could plunge 70% to $5,000, Standard Chartered predicts, in possible 2023 ‘surprise’
https://www.cnbc.com/2022/12/05/btc-bitcoin-could-fall-to-5000-standard-chartered-predicts.html

Jim Cramer urges investors to exit crypto – ‘it’s never too late to sell’
https://www.cnbc.com/2022/12/05/jim-cramer-urges-investors-to-exit-crypto-its-never-too-late-too-sell.html

  

[ChartBuddy]

Explanation

[ChartBuddy]

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