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

[LFC_Bitcoin]

So I've just spent the last few hours scanning through the posts on this thread from mid December 2014 to mid January 2015. It is amazing how similar everything was back then to how it is right now. I recommend any one who is questioning bitcoin right now to go read those posts, you will see that this time is no different to back then and the lesson I learned is buy more coins.

I particularly like some of the comments from the members who still comment now. here's one from LFC_Bitcoin which I find interesting because I think he feels the same now as he did back then

Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?

My favorite comment though is this one

Is crypto done??  

No. Crypto isn't done.

But Bitcoin is.

Bitcoin will drag everyone down with it. But crypto will survive.

We need a crypto that can serve humanity's needs for the next 100 years. Bitcoin cannot do this. It's unfortunate that Bitcoin has died, but it has to be this way. Bitcoin achieved so much. No other crypto would be where it is today without the achievement of Bitcoin.

Requiescat in pace.

Ahhhh bro, at that point I think I was more than 50% down on what I invested. Thinking about it that was a lot worse!
Even now I’m still at over 15 x what I’ve put in.

I guess it just proves, stick with it & we’ll be ok in the end.

HODL on man!

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[Last of the V8s]

[Phil_S]

I actually thought I could retire  

We all thought that.  And you still can.  Just in 3 more years.  

Give me a shot out of a cannon HM - The price about 1 year after the halvening.

An estimate?

$280k on 14 December 2021

[somac.]

So I've just spent the last few hours scanning through the posts on this thread from mid December 2014 to mid January 2015. It is amazing how similar everything was back then to how it is right now. I recommend any one who is questioning bitcoin right now to go read those posts, you will see that this time is no different to back then and the lesson I learned is buy more coins.

I particularly like some of the comments from the members who still comment now. here's one from LFC_Bitcoin which I find interesting because I think he feels the same now as he did back then

Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?

My favorite comment though is this one

Is crypto done??  

No. Crypto isn't done.

But Bitcoin is.

Bitcoin will drag everyone down with it. But crypto will survive.

We need a crypto that can serve humanity's needs for the next 100 years. Bitcoin cannot do this. It's unfortunate that Bitcoin has died, but it has to be this way. Bitcoin achieved so much. No other crypto would be where it is today without the achievement of Bitcoin.

Requiescat in pace.

Ahhhh bro, at that point I think I was more than 50% down on what I invested. Thinking about it that was a lot worse!
Even now I’m still at over 15 x what I’ve put in.

I guess it just proves, stick with it & we’ll be ok in the end.

HODL on man!

Will do mate, 40k is my goal to sell about 30% of my holdings. The rest stays in for ever, unless of course we get a massive bubble after that to >100k, will sell a little more then.

You know, I think you and me bought in at roughly the same time and roughly similar amounts. Hopefully, we also roughly retire around the same time. I'm predicting 2020/21

[encycrypto]

I guess we're going to see a big swing in value today. Hard to predict if it'll be upside or downside.

[gentlemand]

Is that a real thing? It's pretty funny. Looking. Pretty funny looking.

Nay, mine is somewhat more ... pedestrian.

I love the modesty so often on display here.

There's the self-effacing claim, and then there's the reality...

[HairyMaclairy]

I guess we're going to see a big swing in value today. Hard to predict if it'll be upside or downside.

We are due a short squeeze soon.  I’m using very low leverage.  

[LFC_Bitcoin]

@somac. - I predict the same, 2021 mid year so Q2 or Q3. I’m hoping to sell around 30-50% then which will see me never having to work again.

Like you said, the rest will stay in cold storage forever with the possible, occasional dip into for luxuries.

Fingers crossed hey!

[somac.]

@somac. - I predict the same, 2021 mid year so Q2 or Q3. I’m hoping to sell around 30-50% then which will see me never having to work again.

Like you said, the rest will stay in cold storage forever with the possible, occasional dip into for luxuries.

Fingers crossed hey!

Spot on!

[d_eddie]

I guess we're going to see a big swing in value today. Hard to predict if it'll be upside or downside.

We are due a short squeeze soon.  I’m using very low leverage.  

Indeed. Low leverage too, and I'm getting out of it. Reopening a little long position just in case (with tight stop).

[Phil_S]

New picture from Mars:




Interesting fact: NASA budget is 20 billion a year, or approx 15000 BTC a day.

[encycrypto]

New picture from Mars:




Interesting fact: NASA budget is 20 billion a year, or approx 15000 BTC a day.

Bitcoin usually takes its holders to Mars every few years... Why spend 20 billion a year when you can have a taste of Mars with bitcoin?

[d_eddie]

Done exiting the short. Scraped a few more pennies. Not opening a long immediately: I'm sitting on the sidelines for a while. I just love this swinging volatility.

[tmfp]

I guess we're going to see a big swing in value today. Hard to predict if it'll be upside or downside.

We are due a short squeeze soon.  

Do you think there's that many shorts in the market?
On a derivative platform I have open for index trading, which also lists BTC, they've got 71/29 overall long atm with daily trading over the last couple of weeks maxing at 57% shorts (today).
If 3600 holds on an hourly close today then a couple of upside targets would be 3800 then 4000 for me. A break of 3600 and it's anybody's guess, certainly 3k on the cards.
imo. fwiw. etc.

[alevlaslo]

[vapourminer]

At this stage simulation theory makes as much sense as any other.

someone wrote (sorry dunno who, science fiction author perhaps?) that we arent in a simulation. main reason being that irrational numbers exist. like pi.. something so universally used in nature that a simulation would waste vast amounts of computing power to model it. so basically, in a simulation, no irrational numbers would exist as it would be a poor design for a simulation to include such things.

[Difusely]

I'm worried someone will take them up on the offer and dump 15k BTC on the market. Even if it's a fake/bug wall, I'm still surprised no one has decided to test it. 30% of the people predicting the 24 hr low think we'll be below $50 within 20 hours. https://tirereviews.co/

So if no one will bite on the $70 mega buy out, they certainly won't be dumping if it slides into the $60 or $50s. At least for now the panic has left the room.

'tis a valid point.

there so many debates regarding Bitcoin nowadays. I want to invest in it some money, how do you consider?

[crypmike]

New picture from Mars:



Interesting fact: NASA budget is 20 billion a year, or approx 15000 BTC a day.

Moon is closer

[Wilhelm]

At this stage simulation theory makes as much sense as any other.

someone wrote (sorry dunno who, science fiction author perhaps?) that we arent in a simulation. main reason being that irrational numbers exist. like pi.. something so universally used in nature that a simulation would waste vast amounts of computing power to model it. so basically, in a simulation, no irrational numbers would exist as it would be a poor design for a simulation to include such things.

If in a simulation:
 - Who says our simulation is using a classical computer.
 - Who says that the world outside our simulation has any resemblance.

Nice philosophical discussion

[Wilhelm]

New picture from Mars:



Interesting fact: NASA budget is 20 billion a year, or approx 15000 BTC a day.

Moon is closer