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

[JayJuanGee]

Majority thinks that we will go above ATH as early as July.
Maybe, but then it would mean that we are going parabolic early and probably will fizzle out much earlier than 50-100K (more like 30-34K).
Somehow, I feel that there are lots of whales (Mayer, Novogratz, etc) who want the next peak later and much higher.

I tend to agree that later and higher peak would be desirable.

I am not sure about Novogratz, but even though Mayer tends to spout out a decent amount of bullishness, he does not tend to prescribe his feelings of preferences on bitcoin.  In other words, he frames the matter of bitcoin price dynamics as a kind of inevitability... bitcoin going to do what it is going to do, whether any of us likes it or not.

Like you suggested, if bitcoin goes on some kind of exponential upwardly price tear, then likely buy support is not going to be able to keep up, so we would likely end up with more volatility.  Either way, bitcoin is going to be going up, but certain situations and momentum can cause the volatility to play out more violently.. but it seems that either way we are going to the same UP destination, even if we get a quick up or a gradual up or even if we were to have some kind of major correction and a decent amount of suppressed prices, in any event BTC's prices are going to be going up, and up and up... and bitcoin gives no shits what any of us think or believe "should be" the preferred route..... also, frequently, the "preferred" route is usually NOT going to take place because too many people have differing opinions and they are willing to invest into their theories and try to force bitcoin too soon or too fast, and then inevitably, we are going to experience a decent amount of ongoing and difficult to predict with precision price volatility.

[Last of the V8s]

That de-escalated quickly.

[jojo69]

feeble dump is feeble

[aesma]

A red one !

[Biodom]

Bouncing up from 10800 on pro.

[Last of the V8s]

Nobody say a word.

[rdbase]

Chuck E Cheese disses bitcoin on satoshi games with comparing bitcoin to its own Chuck E tokens.
Saying "To each his own fake currency..."
https://twitter.com/ChuckECheese/status/1146109529580609538
Alot of people commented and wants to kill the rat.
The comments are some comical reading to pass the time while we are in this time of going below $10.8k.

[El duderino_]

Nobody say a word.

And than we dildo

[jojo69]

Chuck E Cheese disses bitcoin on satoshi games with comparing bitcoin to its own Chuck E tokens.
Saying "To each his own fake currency..."
https://twitter.com/ChuckECheese/status/1146109529580609538
Alot of people commented and wants to kill the rat.
The comments are some comical reading to pass the time while we are in this time of going below $10.8k.

Hmmmmm,

Clearly we are far earlier in all this than I thought.

[roosbit]

You feeling a little safer Elwar?

Getting better. Nadia and I got married and we're moving on with our lives.

Congratulations to you and Nadia!

Will you be taking WO with you to your honeymoon  

[_javi_]

Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network

This is big, no?

Make the iOS version and its huuuuge.

[naturerock]

Anyone interested in Magic the Gathering?, A Black lotus card sold for $166,000 and $141,000 recently.  Figured a lot of bitcoin guys would be into MTG.  From 1993

[fillippone]

Anyone interested in Magic the Gathering?, A Black lotus card sold for $166,000 and $141,000 recently.  Figured a lot of bitcoin guys would be into MTG.  From 1993

I could draw a Venn diagram of people  loving Bitcoin, Magic the Gathering and exchanging things via internet and also be very accurate predicting where their funds are...

[El duderino_]

End of the day!

Take care and good night WO-members

Micg

[sirazimuth]

'Giving away' my arse

Bob might be interested. 

[Last of the V8s]

'Giving away' my arse

Bob might be interested. 

He's likely got better taste than that.

[El duderino_]

'Giving away' my arse

Bob might be interested. 

https://bitcointalk.org/index.php?topic=5160304.0

Participate God dammit you got the skills to win.... allready been proven, now roll over and back to HODLsleep!

[sirazimuth]

'Giving away' my arse

Bob might be interested.  

He's likely got better taste than that.

Oh come on mate...  Everybody's arse smells like s**t don't they?

https://bitcointalk.org/index.php?topic=5160304.0

Participate God dammit you got the skills to win.... allready been proven, now roll over and back to HODLsleep!

lol ...thanx mic. Just thought I'd give someone else a chance as I've already won.

No you can't sell a ledger. What kind of dumbo buys a second-hand hardware wallet?

Well I've heard some dumbo bought a ledger with a pre loaded seed or something to that effect (got hacked of course),
so yeah, stupidity is out there in full force. Look who got elected for potus ffs....

[fillippone]

Yesterday I went to a Local Bitcoin event.

I knew the speaker, so I went to this very basic conference about Bitcoin at an university venue to catch up with him, mainly.
“You have to register, we have to many requests...”
“Are you kidding me?”
Nobody showed up at those events during the cryptowinter, but they now went sold out (well, it was free..) in a few hours only.

The conference was in a 100 people room: full.
AC broke in the morning, nobody fixed it (we are in Italy after all).
Probably 30°C in the room, nobody dared to leave.
2 HOURS Q&A from the public+ another hour of aperitivo after the conference.

My dinner table conversations are again all about Bitcoin.
I never start conversation about Bitcoin, not to piss off other people.
They now started again asking very basic questions about buying, trading and storing bitcoins.

I had so many questions from friends I had to prepare two thread/resources (both in English and in Italian) to be modified into email ready to be sent out as requests.

A friend of mine bought “The bitcoin Standard” and came to me to discuss his ideas about the book.

Boy, this post is from Jun 2019, not Dec 2107, but the feeling are the same: we are going to see another FOMO season.

[Majormax]

Boy, this post is from Jun 2019, not Dec 2107, but the feeling are the same.

So, we are now at the top then ? Hopefully not another 85% decline, like after Dec 2017 !