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

[luckygenough56]

So everyone (myself included) is in agreement that the next all time high will be around 2020-2021? From the crowd is always ng cmp, I wonder how this next cycle will play out. A double bubble à la 2013 or a delayed bubble in 2022, or later (bleh). With Bakkt, NASDAQ, etc, we may drum up enough interest to start the cycle sooner this time.

Prepare for situations in which the general consensus gets outplayed by whales.

They will probably slightly change the timing, not the pattern, they still need to accumulate for months/years before pumping unless they couldn't unload everything in this pump and going for a bigger round 2. They can do whatever they want with infinite usdt anyway.

[1715012789]

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[1715012789]

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[1715012789]

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[realr0ach]

Prepare for situations in which the general consensus gets outplayed by whales.

[BTCMILLIONAIRE]

We done that back in the 1970's when notes became linked to nothing of any value pretty much the world over.   That story is old, now its just fingers crossed they dont write out 5 more trillion overnight.   Only really democracy says otherwise but in fact that just slows the process and its occurring that way anyway

Theres no doubt modern society is not a failure, great advancements have been made across pretty much every industry most notably thanks to technology improving efficiency and reducing labour costs, latency of all kinds that normally inflate the cost of a product.   However wages didnt rise, fell even for some so wheres the cost risen to counteract the gains from efficiency

Does that chart consider tools and machinery that increase workers' productivity? Because in that case I would consider the number as "worker gross productivity" at best, where most of the productivity is accounted to the tools.

[luckygenough56]

only way i see an early round 2 is if lighning network is deployed soon.

[El duderino_]

PARTICIPATE if you want....

https://bitcointalk.org/index.php?topic=5083242.0

[Toxic2040]

Random thoughts

This is cathartic for me so I apologize in advance for the off-topic-ness. This year..and especially the last month has been a constant assault on my consciousness. Sometimes you just need to let it out.

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I moved out of California decades ago.. I never really missed it that much to be honest. I have relatives still living down there..but it became just a nice place to visit and I had and have no desire to ever go back. Until recently.
The Camp fire that destroyed Paradise also burned down the cabin where I grew up. It burnt the forests and creeks that I played in as a child. It burnt it all to ash..
I am still having trouble absorbing this and dealing with the reality of it. Time heals all wounds so they say.

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Sitting here half in my cup thinking about how blessed I have been in my life. Today I took a spill down the back staircase..landed hard on my arm. Thought I'd broke it again.but luckily its just a deep contusion(bruise). After spending several hours in the ER it dawned upon me once again that your health is what is really important in this life. All of this realization came while I sat there watching the chaos that is a busy metro emergency room. The couple in the corner worrying over domestic violence charges..the junkie talking to himself under the TV..overworked nurses scurrying to and fro with hooded eyes. The bottom line is your family, friends and good health are fundamental. Everything else is dross upon the sands of time.
 
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Its been one year to the day since my father passed.  

I miss you Dad. You meant more to me than words can describe. You were a inspiration on so many levels it still blows my mind. Thank you for everything.

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I find myself listening to this a couple times a day..tears are never far behind.

"Dear Mister Fantasy play us a tune
Something to make us all happy
Do anything take us out of this gloom
Sing a song, play guitar, make it snappy
You are the one who can make us all laugh
But doing that you break out in tears
Please don't be sad if it was a straight mind you had
We wouldn't have known you all these years"

https://www.youtube.com/watch?v=6DYC61HzmtM

-------------

A couple of perk's and a bottle of wine and look who waxes eloquent..

Be kind when you dont have to, you might be surprised at the results.

Peace

[bitmover]

Just read this TA analysis. Bottom is near guys.

Chart data supports our view that a bottom in crypto markets is near. However, it is difficult to pinpoint the lowest price range. Therefore, investors and traders should start building positions on dips to the $3,000–$3,500 area.
BTC/USD

Bitcoin is attempting to stage a recovery from the Dec. 7 low of $3,329.05. Currently, the pullback is facing resistance at $3,387.33. The bulls haven’t even managed to reach the 20-day EMA after breaking down of the $5,900 line in mid-November. This shows that the sellers are in a hurry to establish short positions on every small pullback.


Both moving averages are sloping down, and the RSI is near the oversold levels, confirming a strong downtrend. The only silver lining is that a positive divergence is developing on the RSI.

After a two-day pullback, the bears might attempt to resume the downtrend. A break down of $3,329.05 can result in a fall to $3,000, which is an important support. Below this level, the next support is at $2,416.52.

However, we believe that the $3,000–$3,500 zone will offer a strong support. If the $3,329.05 level holds, the BTC/USD pair can rise to the 20-day EMA, close to $4,100.

The next fall — if the price holds above $3,329.05 — can be a buying opportunity. We recommend going long with 50 percent of the usual position size in the $3,000–$3,500 zone. We shall suggest increasing the position after the pair moves in our favor.

https://cointelegraph.com/news/bitcoin-ripple-ethereum-stellar-bitcoin-cash-bitcoin-sv-eos-litecoin-tron-cardano-price-analysis-dec-10

[realr0ach]

Does that chart consider tools and machinery that increase workers' productivity? Because in that case I would consider the number as "worker gross productivity" at best, where most of the productivity is accounted to the tools.

The chart numbers are probably all derived from automation.  If someone owns a car company and can just press a button and have robots build the car for him from start to finish, they probably attribute increased productivity to whatever humans the robots didn't replace.  

[buwaytress]

tbh looks more like my scro...
wait perhaps tmi

There's no way I could ever talk to people about my "bags" and how low they sink/fall without cracking a lip trying not to laugh. Never mind comparing my spheres to the sun...

Quite a few were saying 2020 area for a while (as a date for lows more then a price), its long had a countdown clock

As I remember the phase upto the halving was a mini pump, expectations after a nuclear winter post mtgox blowing its top off like Mount St. Helens :p    Then disappointment, buy the rumour sell the news dynamic and then as some noted the effects build with every block not an immediate dramatic alteration.

I'm one of those, saying it since 2016 (but that's also when I first seriously entered!). Thought we'd see a mini pump, and then the halving etc. etc.

Not saying an am expert or anything and I'm sure I could still be proven very wrong even on 2020 timeline, but the extend of ATH of 2017 caught a lot of people by surprise and perhaps even delays the 2020 estimate. I got Bitcoin in 2016 knowing it took years for others before me to see any gains... I wasn't expecting to wait less time than they did.

At this point, hard to be disappointed though.

[bakasabo]

While crypto caps are still popular in avatars, I know a new and better way to get rich - by selling these kind of t-shirts 

[luckygenough56]

While crypto caps are still popular in avatars, I know a new and better way to get rich - by selling these kind of t-shirts 

jellow jackets are trending hard too

[Elwar]

*roach being an asshole*

https://www.reddit.com/r/MGTOW/comments/a52u94/only_serious_men_willing_to_fill_the_daddy_role/

I don't ever plan on getting married.

Nobody is worth half of my bitcoins.

[Elwar]

I highly recommend this chrome extension that allows you to buy things on Amazon (via purse.io) at a discount. Oh ya...and pay with bitcoins of course.

https://chrome.google.com/webstore/detail/purse-shop-with-bitcoin-b/amdginnpaflghjbbdkfenpekaeifnpee

I don't.

https://purse.io/investors

Every penny you spend through the services this fuckface invested in will return us as more bcash paidshills, more scams.

Don't support scammers.

Vermin is taking your bitcoins and pumping his scam with them. You are basically pumping bcash by using purse.io and any other shit he invested in.

It's one of the few places left where you can spend your bitcoins online.

Unfortunately.

I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it.

At least purse doesn't make you use some obscure wallet to pay for things like BitPay does (while pushing BCH).

[empowering]

Movement (incoming)

[Elwar]

From my wall observations, looks like they want to push the price down below $3200.

This shit sucks.

[El duderino_]

From my wall observations, looks like they want to push the price down below $3200.

This shit sucks.

Every drop always sucks.... we are getting good @this bearmarket hodling not?

[goldkingcoiner]

omfg what have we become?

 I'm becoming drunk.... slowly on light beer

If you said that here in Germany you would get icy stares.

[d_eddie]

PARTICIPATE if you want....

https://bitcointalk.org/index.php?topic=5083242.0

Given the low level of activity here at the moment, maybe GooseGames could even stay in the WO? I'm a bit afraid of going out there! Mh, OK, whatever...

THANKS MIC!

[xhomerx10]

omfg what have we become?

 I'm becoming drunk.... slowly on light beer

If you said that here in Germany you would get icy stares.

 I don't even have to say it here and I get icy stares.... from my wife

[xhomerx10]

PARTICIPATE if you want....

https://bitcointalk.org/index.php?topic=5083242.0

Participate your mother if you want PARTICIPATE!

 Sorry MicG I couldn't resist.