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

[Out of mind]

1BTCBTC = 1BTCBTC

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[DVlog]

1BTCBTC = 1BTCBTC

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[God Of Thunder]

What are you choosing?
100 Bitcoin 
or
$10Million 💵

Source

This math is easy. Currently, 100 BTC is worth $2.9 Million.

I will take $10 Million and buy 300 BTC with $9.7 Million.
 

Oh gawd....  

do you even know how to read?

Look at the hypothetical.

If you choose dollars, then you cannot buy bitcoin again..

so don't be trying to weasel out of the hypothetical...or the spirit of the hypothetical..  

..which is that you have to choose one of them and you have to live with the consequences... yeah, I can see some circumstances in which you might end up choosing dollars rather than bitcoin and that is if you are going to die in 3-5 years, then maybe the choice is easy.. take the $10 million and spend it or whatever..

...but the whatever is not so broad that you can buy something that relates to bitcoin in order that you can get bitcoin exposure.. you are stuck with fiat related products.... spend it to consume or perhaps spend it on some fiat related products.. maybe property that is not bitcoin related.

Try again.

Hey Jay,
It's true that I did not notice that line.
But I can do what is not mentioned in this post. I will give these $10M to my wife and ask her to buy 300 Bitcoins  
I am banned from doing something related to Bitcoin, but my family members aren't.  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinPak]

What are you choosing?
100 Bitcoin 
or
$10Million 💵

Source

This math is easy. Currently, 100 BTC is worth $2.9 Million.

I will take $10 Million and buy 300 BTC with $9.7 Million.
 

Oh gawd....  

do you even know how to read?

Look at the hypothetical.

If you choose dollars, then you cannot buy bitcoin again..

so don't be trying to weasel out of the hypothetical...or the spirit of the hypothetical..  

..which is that you have to choose one of them and you have to live with the consequences... yeah, I can see some circumstances in which you might end up choosing dollars rather than bitcoin and that is if you are going to die in 3-5 years, then maybe the choice is easy.. take the $10 million and spend it or whatever..

...but the whatever is not so broad that you can buy something that relates to bitcoin in order that you can get bitcoin exposure.. you are stuck with fiat related products.... spend it to consume or perhaps spend it on some fiat related products.. maybe property that is not bitcoin related.

Try again.

Hey Jay,
It's true that I did not notice that line.
But I can do what is not mentioned in this post. I will give these $10M to my wife and ask her to buy 300 Bitcoins  
I am banned from doing something related to Bitcoin, but my family members aren't.  

Well JayJuanGee,
If he chooses $10M he doesn't buy Bitcoin and mentioned that the alternative doesn't use again. My opinion is to buy 100 Bitcoin that have more potential rather than $10M. Bitcoin is Future 100BTC= Future King

But Learn bitcoin found a clever loophole in the hypothetical scenario! Passing the decision to his wife or family member who isn't restricted could indeed be a way to get around the limitations.
I think his creative solution highlights the importance of thinking outside the box.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Best day for Haiku
Best day for stacking cheap sats
Sunday... who'd have guessed?

[2Pizza410000BTC]

source

[DYING_S0UL]

 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[shahzadafzal]

OT -- I used to admire and respect Neil DeGrasse Tyson. And then I saw this:

LOL: Neil DeGrasse Tyson Says Gender Is A Spectrum

Gad Saad's comment on the above is fitting:

Neil DeGrasse Tyson & the Gender Spectrum - My Male-to-Female Transformation

Enjoy!

I love the reply of Gad Saad's... but I think what Neil DeGrasse tried to say is why should other people care?

Anyway such topics are so messed up that sometimes you can't take sides, same thing happened here Neil DeGrasse tried to side "the pride movement" but ended in messing up XY Chromosomes

This reminds me of this gem who felt like a 10% woman that day

[Odohu]

Sunday musings...

Most people right now:
they don't believe in bitcoin
Well, more for me, then
#haiku

It does seem like the market is getting a little exhausted. I think the folks who got in at the bottom have likely all sold now. I’m not sure where the increased selling is coming from that’s holding the price down still. I’m not sure how much longer this will continue, but I definitely don’t expect it to remain a trend after April of next year due to the halving.

The selling is coming from people who bought around $16k and around $24700 and have waited so long for a breakout that is not coming as expected. Bitcoin took some lows(liquidity) around $24700 and by expectations from technical stand point, that was enough fuel to see Bicoin hit the $36k region. But as that have not happened and Bitcoin continues to compress in the ascending triangle, some people are giving it a second thought that maybe, there will be another appreciable down move before the much expected bull run.

Yes.  Good luck with those down before up expectations, including how low that you are placing your bets.

No BIG deal to have some "down before up" buy orders out there, as long as you are not necessarily feeling any kind of expectation that they are going to fill.

It seems that in the past few weeks, I had posted in another thread and disclosed that I had around 2.5% of my total BTC allocated investment funds that are in cash, and so currently, I have BTC buy orders all the way down to $13k-ish, but I really don't expect anything to fill lower than $24k-ish.. but sure if some of them end up filling lower than $24k, then so be it, but I don't expect it and I don't even want it...

This is the exact flexibility I aspire to achieve as that is how to maximize opportunities. This also agree with the statement that "no one is sure of anything", so we plan for all possible scenarios.

Also, it seems that the odds are becoming greater and greater that we are not even going to get a revisiting of the 200-week moving average, which is currently at $27,203.

Sure, the 200-week moving average has not shown itself to be impenetrable, but it still well me be the case that we are moving back into more normal times.

This is correct and the same views I also have... price may not see huge downside from where we are. Any serious fundamental released at this point is enough to start the upward move. Many people are of this opinion as well but the concern is if the patience to wait for the market, to do what it would, is there. There a saying that market have a mind of it's own and does not care what anyone thinks. So, we are limited to make the best guesses and allow time prove us right or wrong. 

In my opinion, I don't expected any deep drop in price anymore. That era is gone and soon volume will begin to increase as well as the price.

That's the spirit!!!!

I am glad that you moved away from the earlier doom and gloom in your post, but we know it is good to be prepared for either direction, which surely is a thing that is possible to accomplish.

I am learning and growing and one sign of it is the ability to adjust my views when presented with plausible reasons and evidence.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[EmpoEX]

I love the reply of Gad Saad's... but I think what Neil DeGrasse tried to say is why should other people care?

Anyway such topics are so messed up that sometimes you can't take sides, same thing happened here Neil DeGrasse tried to side "the pride movement" but ended in messing up XY Chromosomes

This reminds me of this gem who felt like a 10% woman that day

Usually, Men's bodies are a bit stronger than women's bodies.
He got the crazy idea to make him women and beat them all one day.
I don't even know them, but it seems the craziest thing to do just to achieve some goals.

[Out of mind]

It's been a record shattering year for BitcoinBTC on numerous fronts. This will not stop. Brace yourselves.
_Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Moreno233]

Sunday musings...

Most people right now:
they don't believe in bitcoin
Well, more for me, then
#haiku

It does seem like the market is getting a little exhausted. I think the folks who got in at the bottom have likely all sold now. I’m not sure where the increased selling is coming from that’s holding the price down still. I’m not sure how much longer this will continue, but I definitely don’t expect it to remain a trend after April of next year due to the halving.

That would be a long time to stay in the "don't wake me up" zone of perhaps $25k to $35k.... which more specifically would be an additional 8 months... and we have already been here nearly 5 months,. .. I am not buying it.  13 months?  Not buying it.  Not buying it.

In udder wurdz, the odds don't seem to be very strong for such a scenario of continuing to stay in this "don't wake me up" zone for a total of 13-ish months... what are we going to say?  less than 15% odds for such a scenario to play out? 

in udder wurdz, why give such a minority scenario so much attention?


Maybe I got those odds wrong?  Perhaps?  Almost anything is possible.

I think the current market condition is more of a game of psychology and require same to understand. Bitcoin broke structure to the upside around $29,555 zone, with huge buy momentum. This mean the market is a buyer market with protective stop around $28,539. So, the retracement is to make people who got it right doubt their decision and to accumulate more orders before we see the rally that will take prize first to around $33,000 as first target, thereafter other higher prices will follow.

Those who already got in earlier are lucky as we will see good upside moves very soon ceteris paribus.