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

[LFC_Bitcoin]

Got my stamp today

The queen's face is gunna get it

Where did you get it mate, I want one

[bitcoinPsycho]

Got my stamp today

The queen's face is gunna get it

Where did you get it mate, I want one

I got it from zazzle.co.uk.  Cost me just £20.22

[serveria.com]

Got my stamp today

The queen's face is gunna get it

Wow cool this one in yellow is awesome! True Bitcoin colors!

[vapourminer]

I get horrified and scared any time I see you guys talking about $100K or even $30K as if it was a SURE thing. What kind of capitulation is this?

for the guys thinking one million, 30k-100k is capitulation.

[Totscha]

I get horrified and scared any time I see you guys talking about $100K or even $30K as if it was a SURE thing. What kind of capitulation is this?

for the guys thinking one million, 30k-100k is capitulation.

These guys are living in 2021

[vapourminer]

from a discord

[bitcoinPsycho]

from a discord

Glass half empty

[_javier_]

from a discord

It all depends on the perspective.

I see a rising moonshoot

[JayJuanGee]

[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

Yes , concisely put.. it is as simple as that.  If you use logic and pattern recognition,  the log-scale 9 year chart shows a progression which is clear. As I have always said, a 2019/2020 low at approx $2000-$3000 is about right. Whether that low is in now, or whether there is a further drop will only be resolved with the passage of time . +/- a year or two or a thousand or two does not change the long term pattern.

Even though I believe any claim that we have resumed UP is premature (such as saying that we are in a "baby bull" market), and i also concede that we are in a bear market - meaning that the chances for down are slightly greater than the chances for up, I also do NOT believe that there is any condition precedent that a new bottom "has to" occur before BTC prices could resume up.

You, on the other hand, majormax, have just clarified that your conviction is higher than mine about a new low being necessary in this particular BTC price correction cycle.  I concede that you may end up being correct, and we will see in the next year (if so, hopefully it does not take that long).... 

It seems that a lot of BTC hodlers are considering that it should not take a whole year to show some signs that we are actually out of this particular bear market, and maybe that is a bit of wishful thinking?  My problem is NOT the proclamations that there is a good chance that the bottom is already in, but assertions that we are in a "baby bull" market, when the issue is quite a bit away from resolution, at least how I see the matter.

[JayJuanGee]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

JJG, you do know that I have you on ignore don't you?
I only see your posts if someone else quotes them.

Yeah I was thinking about it as an experiment just to see if I at the end of the experiment will have more or less bitcoin than before.

Sometimes I think JJG is a bot or some kind of AI.     

I hope he is a human, and I hope he comes to the 100k party so I can punch him in the face.

Don't be so emotional.. you fucking goofball.  You are almost getting to the stage of Bob.      Get a grip.

[JayJuanGee]

There isn't enough bitcoin for all of today's millionaires to own an entire bitcoin each.

We won't call them millionaires anymore though, they will be known as "wholecoiners".

This may be the last chance for the average person to acquire a full bitcoin and that title.

https://twitter.com/alecziupsnys/status/1102908165719506947?s=21

Nice! And "multicoiners" if double digits.  

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

[vapourminer]

There isn't enough bitcoin for all of today's millionaires to own an entire bitcoin each.

We won't call them millionaires anymore though, they will be known as "wholecoiners".

This may be the last chance for the average person to acquire a full bitcoin and that title.

https://twitter.com/alecziupsnys/status/1102908165719506947?s=21

Nice! And "multicoiners" if double digits.  

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

heres to all of us reaching "fuckyoucoiner" levels.

[DeathAngel]

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

I don’t like to know how many bitcoin’s other people have, it doesn’t interest me but I think lots in this thread are 21 club members.

[VB1001]

https://twitter.com/BinanceAcademy/status/1103230026244210688

Good afternoon, WO,s

You want a Trezor?

[kenzawak]

Largest installations of bitcoin ATM's by country in January 2019: USA +107, Canada +6, Spain +6, Switzerland +4
https://coinatmradar.com/blog/bitcoin-atm-market-dynamics-january-2019
Period Start: 4124, Period End: 4273
Opened: 222, Closed: 73, Net Growth: +149(3.6%)

[greensheep]

Order your BTC FUD dice
FUD coming to you in the near future...

[DeathAngel]

Order your BTC FUD dice
FUD coming to you in the near future...

‘Not as good as physical silver’

r0ach will buy loads.

[Phil_S]

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

I don’t like to know how many bitcoin’s other people have, it doesn’t interest me but I think lots in this thread are 21 club members.

The one where you need 1 000 000 btc? 

[DeathAngel]

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

I don’t like to know how many bitcoin’s other people have, it doesn’t interest me but I think lots in this thread are 21 club members.

The one where you need 1 000 000 btc? 

21 or more bitcoin’s

[JSRAW]

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

I don’t like to know how many bitcoin’s other people have, it doesn’t interest me but I think lots in this thread are 21 club members.

What's that 21 club? those who own more than 21?

got it, checked your post