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

[rebal15]

BTC will hit 4900 in march says

https://twitter.com/loomdart/status/1098315260241555457

March should see a run at the 200MA, so that entirely possible, I reckon.  Maybe a bit higher - but not for long, I am guessing a mid-march peak and then down to about 4K again by April. 

We are set for an undulating time this year.  Five figure stuff no earlier than November-ish.

$4300 max then $3500.

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[jojo69]

Did you just send Mic to bed?

Can't WO 24 hours a day, I have tried.

[HairyMaclairy]

[bitserve]

So here we are, hovering just below $4000 without the slightest sign of FOMO. Everybody just watching without not fucking idea if it is gonna go up or down next, or what it is going to do after that.

So many possible scenarios... What will it be? Bleh, just let it be.

HODL.

[HairyMaclairy]

First they laugh at you



https://www.coindesk.com/cryptos-not-a-substitute-for-the-yellow-metal-says-world-gold-council

[jojo69]

Unanimous US supreme court decision in Timbs v. Indiana paves the way for the end of civil asset forfeiture.

...

This has been a long time coming.




https://reason.com/volokh/2019/02/20/supreme-court-rules-that-excessive-fines

[sirazimuth]

Can't WO 24 hours a day, I have tried.

yeah, me too.
Don't sweat it tho, bro.
There are other things in life....

[HairyMaclairy]

Unanimous US supreme court decision in Timbs v. Indiana paves the way for the end of civil asset forfeiture.

...

This has been a long time coming.




https://reason.com/volokh/2019/02/20/supreme-court-rules-that-excessive-fines

Its unbelieveable that civil forfeiture has been allowed to drag on this long in the land of the free

[bitserve]

First they laugh at you



https://www.coindesk.com/cryptos-not-a-substitute-for-the-yellow-metal-says-world-gold-council

Bitcoin is in its early years. A fair comparison of its volatility would be to go back to America in 1492+. Those natives had a fair share of gold "reserves" which they valued but not as much as the European "discoverers". I wonder how big was the volatility of gold there during the first years/decades going from just being nice gifts, to trade them for mirrors, to end in fucking "wars" costing human lives.

Now tell me about the volatility of gold price.

P.S.: We could also talk about the volatility of oil in its first decades. It was completely worthless at the beginning.

Will Bitcoin market cap be some day as much or even more as that one of gold and similarly stable? I don't fucking know, it's too early to say.

[Icygreen]

So here we are, hovering just below $4000 without the slightest sign of FOMO. Everybody just watching without not fucking idea if it is gonna go up or down next, or what it is going to do after that.

So many possible scenarios... What will it be? Bleh, just let it be.

HODL.

Just bought a few bit-cents on the fomo to get this started.  But really I'd like to see it as cost averaging at these prices 

[bitserve]

So here we are, hovering just below $4000 without the slightest sign of FOMO.

 Too drunk to give a singular fuck.

I said *F*OMO lol

P.S.: Cheers!

[HairyMaclairy]

Coast Guard lieutenant arrested in Maryland for plotting to kill Pelosi, AOC and other democrats

https://www.dailywire.com/news/43747/former-coast-guard-lieutenant-self-proclaimed-ashe-schow

Christopher Hasson intended “to murder innocent civilians on a scale rarely seen in this country”, according to a filing to federal court in Maryland. Law enforcement officers seized 15 guns and 1,000 rounds of ammunition from his home.

[Bitcoinaire]

Bleh, but here it is.

The clock is running on the new Bitwise & VanEck bitcoin ETF proposals. The SEC's current deadlines are April 1 for Bitwise & April 6 for VanEck. Remember, the SEC can & likely will delay up to three times. The absolute final deadlines to watch are October 13 & 18 respectively.

https://twitter.com/jchervinsky/status/1098239189320126464





‏

[HairyMaclairy]

The world gold council says this huh? No chance they could be bias now is there?

The more impressive part is they are worried enough to put out this press release

[nikauforest]

The world gold council says this huh? No chance they could be bias now is there?

The more impressive part is they are worried enough to put out this press release

Well in all fairness the statement at this time is true. As great as Bitcoin is , we have a long way to go before it gains mass acceptance. It is only 10 years old vs a very long history in gold.
Just sayin..

[JayJuanGee]

The world gold council says this huh? No chance they could be bias now is there?

The more impressive part is they are worried enough to put out this press release

Well in all fairness the statement at this time is true. As great as Bitcoin is , we have a long way to go before it gains mass acceptance. It is only 10 years old vs a very long history in gold.
Just sayin..

Less than 1% world-wide adoption, currently, correct?  There might be pockets in the world (certain cities, perhaps?) that might, if lucky approach 10% adoption, and 10% would surely be high ... I would like to know of an actual city with 10% level of adoption.

Another question also involves how much of a percentage of wealth is invested into bitcoin by a supposed adopter, even from those who consider themselves as sufficient level of adopters.  

Going to be rare that any of us could find folks in any community higher than 1% of any population (except at a bitcoin conference) that has anything over 10% of their wealth in bitcoin, but any poll would likely consider any kind of usage of bitcoin as counting as a BTC adopter.

WO thread participants are anomalies in terms of their bitcoin holdings, for sure.

[Toxic2040]

WO thread participants are anomalies for sure.  -edited for brevity-

Finally..something we can agree on.

+1 WOsMerit

---------

1h


Finding a support level above $3.95k is crucial for a continued rally.
3h

#stronghands'19

[Hueristic]

The fact that we are hovering near $4000 while many people are still waiting to buy at $3000-$3300, $2800, $2500, $2000 and even lower is... Fine.

Of course it doesn't mean we can't have another lower bottom.

Just saying... but I don't know what I say. Mind you.

I am witnessing slow and in-progress un-capitulating... whoaza!!!!!!....  

No, didn't you read we can have a lower bottom?

I will remain capitulated until further notice.

I know. I know.

Rome was not built in a day, just like "uncapitulating" is not going to.    

Welcome back to the beginning of the end of your capitulation.  

When I start sending new deposits like a mad monkey, that will be the signal of my end of capitulation.

P.S.: Yes, I won't catch the bottom. I never do.

I think the only ones catching the bottom consistently are the ones making the bottom.

ETH has another hardfork scheduled in the coming days?

from what I understand (I don't follow this shitcoin) first I think was supposed to be Casper and that failed then Constantinople(?) and that turns out to have a unresolveable logic error that got it pulled at the last minute so (P)iece (O)f (S)Hit ETH is still just Piece of shit (L)ite right now.

Think about that marketing campaign from the past few years. They promised glitter and glamour, mountains of gold. Vitalik playing highground lecturing people how to make to best Blockchain. Rehasing PoS narrative.

And what do i see at the end of the day: half baked bullshit.

Jezus christ...even that simpel Domino pizza Lightning app is more promising that all ETH dApps combined

I'm truly amazed at the retard level that made its cap in the first place, people never cease to amaze me.

[JayJuanGee]

WO thread participants are anomalies for sure.  -edited for brevity-

Finally..something we can agree on.

+1 WOsMerit

I feel like this regarding your "edit"

[Toxic2040]

The world gold council says this huh? No chance they could be bias now is there?

The more impressive part is they are worried enough to put out this press release

Well in all fairness the statement at this time is true. As great as Bitcoin is , we have a long way to go before it gains mass acceptance. It is only 10 years old vs a very long history in gold.
Just sayin..

I wonder what the custodial cost are to air ship 29 tons of gold. Interesting article I thought regardless.

https://www.reuters.com/article/us-venezuela-politics-gold-exclusive/exclusive-venezuela-plans-to-fly-central-bank-gold-reserves-to-uae-source-idUSKCN1PP2QR