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

[SamReomo]

If you did not notice this:

https://bitcointalk.org/index.php?topic=5462314.0

Apparently, Adam Back bet 1mil sats (~$300 right now) that bitcoin would be at or above $100K on 0:00hr UTC time March 31, 2024 (initially); the bet was later later adjusted to 840000 block time.

Is 300$ a challenging amount to bet?? 

Yes, $300 is a quite challenging amount for many people especially for the ones who belong to low wage areas. I consider myself among those people for whom $300 is quite a huge sum of money and for that much money I can work a whole month for someone. Some people always try to find many opportunities to earn money the right way and for them such amount really matters a lot my friend.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

So? Who cares?. Man your levels on trolling are epic.

He (troll) hates bitcoin and yet hangs out here. Go figure.
It makes about as much sense as yours truly hanging out at the local church for prayer meetings.

Now now shabban do not think you know the first thing about me. Let me clarify it for "yours truly" . I do not hate Bljatcoin i simply hate what if has become because of lowaks like you and therefore disprove it. When true early adopters were in it it was easily taken from them by a calculated attack on many exchanges which is bound to happen again and make this bljatcoin worthless again for a time being. Im enjoying it here i see folks like you posting in all 6 years of my company nothing else but the same words over and over again. It is for my personal enjoyment cause repetition like this is rare if you know what i mean(since ya all toxic little killers of joy). I offered the greatest event that could happen to Bljatcoin yet you all refused cause you all scared doubting little girls..

Simply put : Ya'all ruined BTC

[Odohu]

If you did not notice this:

https://bitcointalk.org/index.php?topic=5462314.0

Apparently, Adam Back bet 1mil sats (~$300 right now) that bitcoin would be at or above $100K on 0:00hr UTC time March 31, 2024 (initially); the bet was later later adjusted to 840000 block time.

Is 300$ a challenging amount to bet?? 

Yes, $300 is a quite challenging amount for many people especially for the ones who belong to low wage areas. I consider myself among those people for whom $300 is quite a huge sum of money and for that much money I can work a whole month for someone. Some people always try to find many opportunities to earn money the right way and for them such amount really matters a lot my friend.

I don't see $300 bet as worthy of making headline because it cannot affect the people involved. If you want to place a bet that will catch public attention, it should be something worthwhile. In other words, inasmuch as I know that $300 is a good some of money, for this case betting to prove a point, it is a serious joke.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Negotiation]

If you did not notice this:

https://bitcointalk.org/index.php?topic=5462314.0

Apparently, Adam Back bet 1mil sats (~$300 right now) that bitcoin would be at or above $100K on 0:00hr UTC time March 31, 2024 (initially); the bet was later later adjusted to 840000 block time.

Is 300$ a challenging amount to bet?? 

 

[psycodad]

Didn't see this mentioned yet:

We discovered a cryptographic weakness in the widely utilized Libbitcoin Explorer (bx) cryptocurrency wallet tool while following up on mysterious wallet thefts.
The bx seed subcommand for generation of new wallet private key entropy is flawed and produces insecure output.

<snip>

-> https://milksad.info/
-> https://cve.mitre.org/cgi-bin/cvename.cgi?name=CVE-2023-39910
-> https://libbitcoin.info/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[2Pizza410000BTC]

Bitcoin Vs Altcoins

Altcoins never beat Bitcoin.

[bitcoinPsycho]

Bitcoin Vs Altcoins

Altcoins never beat Bitcoin.

[img width=500https://www.talkimg.com/images/2023/08/10/GoEwg.jpeg[/img]

You're in the wrong thread.  Bitcoin is king here and always will be,it's not even up for debate

[BlackBaron]

Bitcoin Vs Altcoins

Altcoins never beat Bitcoin.

[img width=500https://www.talkimg.com/images/2023/08/10/GoEwg.jpeg[/img]

You're in the wrong thread.  Bitcoin is king here and always will be,it's not even up for debate

Agree with you
Bitcoin is the best of all

[HelliumZ]

Bitcoin Vs Altcoins

Altcoins never beat Bitcoin.

Why are you compare Altcoins with king 👑 Bitcoin.
Bitcoin always king



Be carefully see the meme... Millionaire Vs Bitcoiner.



Two both photos bring from Google.....

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

If you did not notice this:

https://bitcointalk.org/index.php?topic=5462314.0

Apparently, Adam Back bet 1mil sats (~$300 right now) that bitcoin would be at or above $100K on 0:00hr UTC time March 31, 2024 (initially); the bet was later later adjusted to 840000 block time.

Is 300$ a challenging amount to bet??  

Of course, not, but there is a tradition of well known people putting small bets on various occurrences, like black hole information paradox bet (Thorne-Hawking-Preskill) or Hawking bets against Higgs bozon discovery and "naked" singularity. You can see a small bet, I forgot, either $10 or $20 in the "Oppenheimer" movie.

Other notable 'small' bets include George Lucas bet against Steven Spielberg that Lucas' film (Star Wars) would get less profits than The third encounter. Speilberg won and, allegedly, collected $12.5 mil. See some bets here:
https://en.wikipedia.org/wiki/List_of_bets

To me the surprise was that A. Back thinks that 100K is so close...almost here.

[2Pizza410000BTC]

Bitcoin Vs Altcoins

Altcoins never beat Bitcoin.

[img width=500https://www.talkimg.com/images/2023/08/10/GoEwg.jpeg[/img]http://

You're in the wrong thread.  Bitcoin is king here and always will be,it's not even up for debate

I realize......

Bitcoin always Bitcoin, It never be compared with altcoins.
Bitcoin is only comparable with Bitcoin.

[JayJuanGee]

~snep~

$25k to $35k range.

50/50 territory.

50/50 is the actual market trend. $25k to $35k up and down that's is a common trend.

What is that supposed to mean?

From about late 2018 until late 2021, we had a market trend that was up.. we mostly could see that as of about May 2019, even though we had various dips along the way, including a pretty big (seemingly aberration) dip in March 2020.

Then in 2022 we mostly had down until about November, but we likely did not (mostly unambigously) realize that we were in down until about May 2022.. and then since November 2022 we have been in UP.. but it is not 100% confirmed, but most likely the bottom of $15,479 is in... but still we may have several more dips along the way in terms of this particular up.. and we also don't necessarily know how far we are going up and how long it is going to take.. but the general trend and/or direction seems to be UP, unless it ends up being the case that the bottom is not actually in, which does not seem to be very likely.. and also it seems that at least while we are in this particular UPtrend, that in the upcoming 2-3 years it is most likely that we are going to continue to stay above the 200-week moving average (which is currently $27,264 and moving up nearly $16 per day), even though we remain so close to it, that it might end up getting breached a few more times in the upcoming 2-3 years.

At the same time, none of this is guaranteed.. but the proclamation that we are in a trend that is $25k to $35k seems to be gobble-dee-gook, even though it seems that we are currently in that kind of a price range in which the BTC price may or may not break out in one direction or another (and that is where the 50/50 odds come in, and probably more likely to break towards to the upside, since the actual trend is up, even if we are remaining in this $25k to $35k range for the whole of this calendar year.. and mostly within this range we seem to be trending up within the range, and I am not sure if that supports the idea that the break out of the range will be UP rather than DOWN, but the fact that bottom of the current range includes being quite a bit below the 200-week moving average seems to support conclusions that it would be less likely that we would break down from this current range, rather than up.