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

[JayJuanGee]

~Bipolar spoiler alert~

Q: When BTC $3800?
A: As soon as I wear my fucking hat.

Don't wear it. Let me have some cheap coins first 🙂

Stop it with you "cheap coins" nonsense. 


The BTC price has largely been in these $3.1k to $4.1k price territories for about 3 months.. .haven't you had enough time to accumulate, already?   Furthremore, we were much lower than these prices a couple of years ago, so would have been another chance to accumulate BTC - especially since you been around this forum since late 2015, right?

Thats right but Some guy’s Didn’t had the right believe from the early start perhaps, and their believe evolved as BTC evolved ....
And Some don’t have spare fiat all the time... so a few months could be handy for Some to accumulate, everyone has his own road to drive on and their own reasons ....
For me it may explode everyday but thats just how it would fit best for me

If low BTC prices happen, then they happen and we take advantage of them.  We don't cheer for low BTC prices.  Do you even bitcoin?

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[El duderino_]

~Bipolar spoiler alert~

Q: When BTC $3800?
A: As soon as I wear my fucking hat.

Don't wear it. Let me have some cheap coins first

Stop it with you "cheap coins" nonsense. 


The BTC price has largely been in these $3.1k to $4.1k price territories for about 3 months.. .haven't you had enough time to accumulate, already?   Furthremore, we were much lower than these prices a couple of years ago, so would have been another chance to accumulate BTC - especially since you been around this forum since late 2015, right?

Thats right but Some guy’s Didn’t had the right believe from the early start perhaps, and their believe evolved as BTC evolved ....
And Some don’t have spare fiat all the time... so a few months could be handy for Some to accumulate, everyone has his own road to drive on and their own reasons ....
For me it may explode everyday but thats just how it would fit best for me

If low BTC prices happen, then they happen and we take advantage of them.  We don't cheer for low BTC prices.  Do you even bitcoin?

I never cheer low prices !....

!!is that even a serious thing? Or just the dumbest thing on the whole thread?
Serious man  “do you even bitcoin” ??
But yes i guess i do!

Gonna dream of it now
Into the HODLnest

Btw i did mention, for me it may explode everyday every time!

[JayJuanGee]

~Bipolar spoiler alert~

Q: When BTC $3800?
A: As soon as I wear my fucking hat.

Don't wear it. Let me have some cheap coins first

Stop it with you "cheap coins" nonsense.  


The BTC price has largely been in these $3.1k to $4.1k price territories for about 3 months.. .haven't you had enough time to accumulate, already?   Furthremore, we were much lower than these prices a couple of years ago, so would have been another chance to accumulate BTC - especially since you been around this forum since late 2015, right?

Thats right but Some guy’s Didn’t had the right believe from the early start perhaps, and their believe evolved as BTC evolved ....
And Some don’t have spare fiat all the time... so a few months could be handy for Some to accumulate, everyone has his own road to drive on and their own reasons ....
For me it may explode everyday but thats just how it would fit best for me

If low BTC prices happen, then they happen and we take advantage of them.  We don't cheer for low BTC prices.  Do you even bitcoin?

I never cheer low prices !....

!!is that even a serious thing? Or just the dumbest thing on the whole thread?
Serious man  “do you even bitcoin” ??
But yes i guess i do!

Gonna dream of it now
Into the HODLnest

Btw i did mention, for me it may explode everyday every time!

NOT good to go to sleep ANGRY!!!!!!!!     

[El duderino_]

Bitcoin is the 8th wonder of the world. 

It is that big. 

It is that amazing. 

The Virus is Spreading 🚀

[El duderino_]

When i’m out of BTC’s thats when i would be angry

@this time “i do even bitcoin” so not angry 

[El duderino_]

via Imgflip Meme Generator

[smartcomet]

https://twitter.com/CarpeNoctom/status/1092180703721213954

seeing these type charts floating around a lot lately

most ignore that halving has always been in the middle of the uptrend

are cycles lengthening? yes

will they continue to lengthen? doubtful

[bitserve]

I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  
About a 5-10 year horizon.  

I am fully capitulated. Good thing I still have patience.

Bitcoin self-selects for people with:

* Low time preference
* Long attention span
* Commitment
* Authenticity
* Patience
* Persistence
* Ability to focus
* Ability to go against the mainstream

Bitcoin is a marathon, not a sprint.

https://twitter.com/misir_mahmudov/status/1093613352868343809

(I have it saved and I read it when I'm capitulated like you. )

That's so true. Thanks!

[Toxic2040]

<...  With bigger than life characters fighting over limited resources while all trying to destroy one another. ...>

You had me at hello. Informative and thoughtful write up, if this is your own original commentary I salute you sir.

+1 WOsMerit

holy motherfucking wall of text

jesus

+1 WOsMerit for saying what we were all thinking.

Grow the fuck up.


   

+1 WOsMerit for superior use of a meme.

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Παρά τoν Mπoμπ και τις μπάλες τoυ .. H αγoρά συνεχίζει να άκρη πλάγια κατά μήκoς της ανώτερης άκρης αυτoύ τoυ καναλιoύ πoυ έχoυμε διασχίσει. Noμίζω ότι θα σπάσoυμε πρoς τα πάνω από αυτό τo μoτίβo την ή πριν από την Hμέρα τoυ Aγίoυ Bαλεντίνoυ. Kάνετε τη δική σας έρευνα.

Testing the upper edge of resistance now.
1h


D

#stronghands'19

[Bitcoinaire]

Here's the original, he had it linked then later deleted it.

https://www.tradingview.com/chart/BTCUSD/yJxv4CBa-A-Technician-s-Guide-to-340K-Bitcoin-Price-by-Dec-2021/

[realr0ach]

I see you goyim are creating more retarded and nonsensical charts pretending the price is somehow guaranteed to go to infinity again.  Have you noticed these pump and dump charts all have the same thing in common?  They pretend there's some type of non-existent trend upwards at a 45 degree angle infinitely that doesn't exist?  Yes, such a chart might work if your unit of account is Venezeulan or Zimbabwe currency with a torrent of infinite supply, but not for a currency without hyperinflation.

If there's any type of trendline on this chart, it's definitely not a 'parabolic trav' trend to infinity at a 45 degree angle.  It's more like a smoothing of the curve like the red line below.  The white line he drew claiming the price is somehow guaranteed to go to $400k is completely nonsensical.  If the money supply in dollars doesn't expand drastically, it's entirely possible the nominal value of a bitcoin may have already peaked out.  Why would it go higher when transaction validators are designed to centralize giving bitcoin no reason to exist and no fundamentals in the first place?

[Dabs]

Why would it go higher when transaction validators are designed to centralize giving bitcoin no reason to exist and no fundamentals in the first place?

That's exactly why bitcoin exists, and why those centralized transaction validators exist. (plus all the stuff you normally mention about schelling points and metals.)

[infofront]

More crypto drama



https://twitter.com/WhalePanda/status/1094518940083073025

And here's the truth: https://medium.com/@nikuhodai/dont-trust-the-dishonest-why-gox-rising-shouldn-t-be-taken-seriously-ffbaa1d21c86
(TL;DR: Brock Pierce is a lying POS)

[d_eddie]

via Imgflip Meme Generator

https://twitter.com/_connerbrown_/status/1092614372864618496?s=21

Your cryptocurrency prof didn't know that book? Your cryptocurrency professor at Stanford?

[JayJuanGee]

[edited out]
(TL;DR: Brock Pierce is a lying POS)

Yep.. it is a bit of a low blow for Pierce to attempt to use Karpeles's status as fraudster and felon against him, by saying "you are about to go to prison" and "people should not trust Karpeles."   

Hopefully, we can soon put some of this GOX crap behind us, and hope that the bankrupcy court will close out the various claims of regular people....

It seems difficult to believe that the court is going to be able to find any more money in this matter, and if there is no more money to be found, it would be nice if the many GOX account holders could merely get paid their pro rata distribution and this chapter of Bitcoin's history could be mostly resolved and closed. 

[JayJuanGee]

via Imgflip Meme Generator

https://twitter.com/_connerbrown_/status/1092614372864618496?s=21

Your cryptocurrency prof didn't know that book? Your cryptocurrency professor at Stanford?

May or may not be true that the law professor never knew at all about the Saifedean book, and surely, the professor's perspective could still be filled with a lot of information in regards to case law without having had been exposed to the sound money angle - including Austrian economics...  

It is possible (and not even outrageous) that the student's bringing up the topic caused the professor to research further into the value of such sound money angle, and whether it might not distract from the other law related materials that are also included in the course, and find some relevancy and value to that additional reading.  

I have had plenty of college, myself, and frequently students have a hard time reading very many of the materials that are assigned and really attempting to reflect on such materials along with other courses and assignments that they have to juggle.

[Paashaas]

Sending Bitcon with radio frequency

[nanobtc]

Bitcoin and RF will indeed become more of a thing. Just FYI, that frequency 7.077 is at the lower end of the 40 meter ham band, for every country. You need a (minimal) test and license to transmit anything there. No license required to receive (anywhere, for that matter). Not that the FCC (for USA) will immediately come knocking at your door for doing this, but it's a bad idea in that spot, if you are unlicensed. Displayed is a 'waterfall display', common in programs like FLdigi, and several others.

Hams have been sending data over the air for decades with computers, but this is a new and interesting variant.

https://en.wikipedia.org/wiki/40-meter_band

EDIT: I just checked and in the USA, with Technician (beginner) license, you are only allowed to use cw (international morse code) in that slice. You have to pass the next test for General to transmit data there.

[criptix]

Regarding cheap prices:

Cheap prices are very good for distribution and distribution is very good for the next bull run.

Just have in perspective that this cheap prices right now is still 3x from the 2013 ath or over 23x from the 2015 low.

[JSRAW]

Definition of cheap rate is very different in the context-time when someone bought his/her first Bitcoin. Ask those investors who got it during a bull run. they would love to grab some in the current scenario. its cheap for them.

I got in during China fud and the current price is almost the same as my monthly salary. not so cheap for me.