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

[Gyrsur]

the kickoff is done. they know they are running out of time to get cheap coins in high supply.  

[1713952995]

1713952995

[1713952995]

1713952995

[JimboToronto]

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

Excellent.

I have all 3 in my old addresses.

#laziness #constructiveprocrastination  

[BitcoinNewsMagazine]

Bitcoin can drop 900-1000 dollars over five days and not damage the bull market. That's what happened from Jan 18 to Jan 23 and many new users think the sky is falling (veterans buy the dip) then price recovers. Right now price could decline to the middle daily BBand about $9000 at any time. $10,000 will come soon enough. Consider any pullback a buying opportunity.

[jbreher]

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

Excellent.

I have all 3 in my old addresses.

#laziness #constructiveprocrastination  

#cheers from jalisco!

[Raja_MBZ]

https://www.nytimes.com/2020/02/05/us/politics/impeachment-vote.html

[Ibian]

Bitcoin can drop 900-1000 points over five days and not damage the bull market. That's what happened from Jan 18 to Jan 23 and many new users think the sky is falling (veterans buy the dip) then price recovers. Right now price could decline to the middle daily BBand about $9000 at any time. $10,000 will come soon enough. Consider any pullback a buying opportunity.

Points? What are fucking points? This is not a damn stock or whatever.

[JimboToronto]

#cheers from jalisco!

Salud from Quintana Roo!

Unseasonably hot here... 33c (91f) in the shade, not counting the stifling humidity.

Thank gawd for air conditioning and ice-cold Tecate.

[AlcoHoDL]

Ultra instinct at $100k.



AYH after AYH... 350DMA still looking upside. They tried hard @ $7k to reverse the bullish momentum but failed.

This thread will really be something at $100,000 brother

Will be fun to read the posts by r0ach and the BCH/BSV'ers.

Why conflate? I fail to understand.

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

edit: oh - sorry 'bout that, nutildah

Correct. In the last 24 hours.

Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear?

We'll know soon enough.

IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right.

[marcus_of_augustus]

2019-nCoV ... sounds kind of soothing right, like the virology scientists are the good guys and have everything under control.

How about we call it something else, like the Wuhan Acute Respiratory Syndrome, like SARS but not as severe from Wuhan. Just so we know that it came out of Wuhan, right next door to the WHO BSL4 virus lab. And just to be sure there is no confusion that the virus was NOT artificially created by man in a laboratory we'll give a natural sounding Bio, like Eco or Enviro prefix to remind everyone this is absolutely NOT a bioweapon.

Lets call it the Bio-WARS virus. Not to be confused with AIDs-flu or SARS misinformation. BioWARS ... capiche?

[jbreher]

Will be fun to read the posts by r0ach and the BCH/BSV'ers.

Why conflate? I fail to understand.

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

edit: oh - sorry 'bout that, nutildah

Correct. In the last 24 hours.

Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear?

We'll know soon enough.

IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right.

I dunno. You said it'll "be fun to read the posts by BCH/BSV'ers". I'm just trying to put the fun in your day. That's all.

Though I still wonder why you conflate us with The r0ach - the miserably misguided anti-crypto-in-any-form-er, blinded by his/her flawed axioms.

And no, I don't think any such price relationship will be linear. Indeed, it is demonstrably _not_.

Further, in the next FOMO rush, I expect BTC to outperform BCH and BSV. (::gasp!:: What did he just type!?) Right up to the point of Blockalypse II, when all that demand will be rebuffed by BTC's latent fatal desire to be exclusionary. And all that demand will find elsewhere to go. Into the more faithful renditions of Bitcoin.

Of course, if you have no solid convictions on the matter, Jimbo's approach does indeed make a lot of sense.

[Bitcoinaire]

My body is ready.

The breakout from this thing is likely to lead to the biggest weekly green candle in bitcoin's history.

Consider yourself warned!

https://twitter.com/CryptoBull/status/1225193330771931136

[AlcoHoDL]

Will be fun to read the posts by r0ach and the BCH/BSV'ers.

Why conflate? I fail to understand.

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

edit: oh - sorry 'bout that, nutildah

Correct. In the last 24 hours.

Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear?

We'll know soon enough.

IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right.

I dunno. You said it'll "be fun to read the posts by BCH/BSV'ers". I'm just trying to put the fun in your day. That's all.

Though I still wonder why you conflate us with The r0ach - the miserably misguided anti-crypto-in-any-form-er, blinded by his/her flawed axioms.

And no, I don't think any such price relationship will be linear. Indeed, it is demonstrably _not_.

Further, in the next FOMO rush, I expect BTC to outperform BCH and BSV. (::gasp!:: What did he just type!?) Right up to the point of Blockalypse II, when all that demand will be rebuffed by BTC's latent fatal desire to be exclusionary. And all that demand will find elsewhere to go. Into the more faithful renditions of Bitcoin.

Of course, if you have no solid convictions on the matter, Jimbo's approach does indeed make a lot of sense.

The fun will be for different reasons. But it will be fun, that's why both were in the same sentence. That's the only association there.

I also don't think the relationship between BTC and BCH/BSV will be linear, hence my comment on the 24-hour data extrapolated to the $100k/BTC time point (probably 30,000+ hours from now). Based on what I know about BCH/BSV, their team (Wright, Ver, Wu, Ayre et al.), their history, modes of operation and motives, my bets are on BTC, and that's a solid conviction, that's why I don't hold any BCH/BSV. My coins are where my mouth is.

About the infamous "block size" issue, when a genuine need for a size increase arises (not due to spam attacks of above mentioned team of individuals), I expect a solution to be implemented. Gradually, robustly, in a well thought out, carefully controlled, and thoroughly tested way.

I think we'll all be here to see how it all unravels. Hopefully soon.

[kurious]

I'm Spartacus!

RIP

[jojo69]

103

wow

[Searing]

Well, I bought like 0.22025224 BTC at $9,234.41 per BTC yesterday 2/4/20 at $2,064.21 USD.  Of that, there was the $30.31 USD Coinbase fee in previous amount here.

Now BTC is pumping. Current price as of this moment 1/5/20 the price is $9,561.01 USD. IT ALWAYS dumps when I buy! I am 'befuddled'

I would have 'probably' gotten an ASIC unit instead of whatever model flavor, with my ASIC addiction, but even to me that made no sense with halving

happening end of April 2020 and such with ASIC prices being way too high and the good old USA 26.7% Tariff plus shipping to the USA don't ya know.

Even with full 'old school' ASIC addiction that makes NO sense. Both reasonableness in buying yesterday and resisting 'evil ASIC toasters', I'm on a roll!

So again, pumping, who'd a thunk it? Must indeed be the end of times, after I jump into the deep end of the pool.

So this is what buying at the right time means? Who'd a thunk it?

I'll post next week when the correction happens, but till then 'reveling' timing for once.

Anyone else actually 'pull the trigger' at the right time for some accumulation before this pump

or did the WO fickle finger of fate just decide it was my turn to buy at the right time?

Anyway, interesting, this is how the 'cool' crypto kids feel I guess.....

Brad

[JayJuanGee]

https://www.vaneck.com/globalassets/home/us/insights/blogs/investment-outlook/vaneck-digital-assets--the-investment-case-for-bitcoin.pdf

And I want to try this once at $9265: we will never see bitcoin <$9000 again.

Brave, indeed.....

JSRAW... is he correct?

[xhomerx10]

103

wow

 Charmed life for sure.
RIP

[HairyMaclairy]

Tracking about on track

[JayJuanGee]

The Financial Times Alphaville explains what the halvening (pardon the gobbledygook) is.

Bitcoin’s “halvening” won’t boost its price
By: Jemima Kelly

https://ftalphaville.ft.com/2020/01/30/1580390916000/Bitcoin-s--halvening--won-t-boost-its-price-


In the comments, I found our old friend NLC

That above linked article is behind some kind of paywall (registration wall).  Me, not gonna do it.  

For some reason, I didn't get any wall. And no, I'm not registered.

The article itself is just a piece of classic Wall St against crypto mentality. I'll try to paste it here later.

Yep... I was able to read it through V8's providing of the link... Thanks V8.

the ft article was archived 4 days ago https://archive.is/oaGQs

Essentially a lot of bitcoin butt hurt hating seems to be going on in that article.  Getting caught up in largely bullshit trivial points, and seeming to NOT really understand what bitcoin is providing, and really does it matter?  If they really believe the nonsense that they are espousing, then they are just going to get caught chasing the train, maybe even in a worse position than bargain boyz.

[soxxx]

Tracking about on track

I said this before, but I expect this cycle to go above and below the other one. Currently we are above it, but we will follow it.