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

[heslo]

Currently, playing 'when to buy into more BTC game'...thinking I'll wait for a 'weekend weak dump' maybe?

Those currently who know my 'track record' on timing such, be sure to adjust your purchases accordingly, so you can

'mock' my 'timing' later.

(Hey, the wrong price at the wrong time is how I roll. On the other hand, if you HODL long enough ..it does not matter)

Brad

Had the same thoughts yesterday then thought to myself anything I buy now in regards to a few years from now is just noise so I just bought. It was only 100 bucks or so but every bit adds up

[1713422953]

1713422953

[1713422953]

1713422953

[1713422953]

1713422953

[1713422953]

1713422953

[1713422953]

1713422953

[JayJuanGee]

Currently, playing 'when to buy into more BTC game'...thinking I'll wait for a 'weekend weak dump' maybe?

Those currently who know my 'track record' on timing such, be sure to adjust your purchases accordingly, so you can

'mock' my 'timing' later.

(Hey, the wrong price at the wrong time is how I roll. On the other hand, if you HODL long enough ..it does not matter)

Brad

Well, I recall that you were selling items from your attic, and so you bought some BTC in parts of 2019 with that generated extra money.  

What is the source of the extra money that you have this time?  

Is it just extra savings that you have accumulated from your regular income over the past year or so?  

You did not want to buy BTC with that money earlier in 2019 as that money was coming in, but now, after BTC has gone up about 60% over the past two months you want to buy more BTC with that extra money that had been flowing in through the year?  The upwards BTC price movement, currently, is causing you to feel that you are underinvested in BTC because you are thinking that you might be able to get rich quick.. over the next 1-2 years?

I am not going to say that you are going to be wrong in that kind of 1-2 year period, even if it is unclear about whether you will benefit in the short run or have better buying opportunities in the coming weeks or months before the halvening.

These days, I prefer to think about any new money that goes into bitcoin to have at least a 4 year investment time horizon.  Of course, no problem if BTC prices go shooting up from here, so then you would not have to stick with the 4 year investment time horizon thinking because once your injection of value is in profits you have options to pull it out at any time, but anyhow, since you and I should be in a similar position regarding having had already largely accumulated most of our BTC,  it seems strange to me that someone who had already largely accumulated in the 3 digits would be experiencing any kind of meaningful FOMO feelings after about a 60% BTC price appreciation in the past two months, not withstanding any inclination just to do a bit of dollar cost averaging investing from time to time, as money comes in, as heslo's above response suggests.

[VB1001]

Bitcoin Optech Newsletter #84

This week’s newsletter seeks help testing a Bitcoin Core release candidate and summarizes some discussion about the BIP119 OP_CHECKTEMPLATEVERIFY proposal. Also included is our regular section about notable code and documentation changes.

News
OP_CHECKTEMPLATEVERIFY (CTV) Workshop: video (morning, afternoon) and a transcript are available from a recent workshop about BIP119 CTV. If this proposed soft fork is adopted, users would be able to use a new CTV opcode to create covenants with less interaction than would be required using current consensus rules. Several possible applications of the opcode were discussed, with most attention being focused on vaults and compressed payment batching (sometimes called congestion control transactions, see Newsletter #48). A significant part of the workshop also consisted of critical feedback from the audience and replies to the criticism. A final discussion covered how and when to attempt to get BIP119 activated, including when a PR for it should be opened to the Bitcoin Core repository, what activation mechanism it should use (e.g. BIP9 versionbits), and what range of activation dates would be appropriate if it uses a miner-activated soft fork mechanism such as BIP9.

Subsequent to the workshop, CTV proposer Jeremy Rubin announced a mailing list to help coordinate future review and discussion of the BIP119 proposal.

https://bitcoinops.org/en/newsletters/2020/02/12/

[Lambie Slayer]

"For one coronavirus patient at ground zero of the outbreak, the journey from infection to recovery was a nightmare scenario that entailed multiple hospital visits, symptoms so severe he thought he would die and quarantine under police watch"

https://www.youtube.com/watch?v=0IoRepLdSIM

He is now realizing life is too short to be a nocoiner fiatcuck and making his first Bitcoin purchase.

Coronavirus=Moon as people realize YOLO and start to FOMO


Important to note this guy is young and still needed lots of blood transfusions, and expensive Aids medication to save his life.

[VB1001]

2/1/2020


2/15/2020


2/15/2020

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

He would lock them up for life in a jail cell with his virus, #motherfuckers

[Lambie Slayer]

https://twitter.com/jenniferatntd/status/1228476386815479809

"Once the #CCP was very proud of its #P4 (#BSL4) lab, and created quite some promotional videos of it. We just added English titles to those. 中共官方宣傳其P4實驗室的視頻，我們給加了英文字幕"


Newbs, take notes at how much you can trust a gov and buy non gov money. Bitcoin will never make you sick except with sick gainz.

[Lambie Slayer]

I think one large candle this weekend or Monday at the latest is gonna put us over 11k.

Our King will save the thousand dollar candles for 17-20k in April.

[Phil_S]

11k ceiling would be hard to break through...

Eventually we will, but not in February.

[serveria.com]

11k ceiling would be hard to break through...

Eventually we will, but not in February.

Yeah everybody said the same about 10k...

[El duderino_]

I think one large candle this weekend or Monday at the latest is gonna put us over 11k.

Our King will save the thousand dollar candles for 17-20k in April.

Wow from bargainz to über bullish.....

[El duderino_]

11k ceiling would be hard to break through...

Eventually we will, but not in February.

But but would you have thought to revisit 10k as fast as we just did?

[bitcoinPsycho]

$11000 by the end of the day 87% probability  

[El duderino_]

$11000 by the end of the day. 87% probability   

.87 isn't best of hope 

[Lambie Slayer]

I think one large candle this weekend or Monday at the latest is gonna put us over 11k.

Our King will save the thousand dollar candles for 17-20k in April.

Wow from bargainz to über bullish.....

Bargain Boyz wanted and bought cheap coins bc they understood Bull Season was approaching.  

Bullish Propaganda Mode has been activated.

[bitcoinPsycho]

$11000 by the end of the day. 87% probability   

.87 isn't best of hope 

Fixed

[bitcoinPsycho]

I'm not fooled by big walls

[Lambie Slayer]

Its gonna be fun watching all the newbs across the world witness the glory and power of the Halvening and King Bitcoin.

Amen.

 via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

[Last of the V8s]

https://twitter.com/MorlockP/status/1228086074871865345?s=20

So it seems that

* efforts at containment of covid-19 have failed
* it's out of China and will soon be everywhere
* r0 may be at the higher end of the range: ~ 5 +
* lethality may be much higher than we hoped

so : feces hitting the fan, medium hard

>>>
#preppertalk

+thread

16/

I have very low confidence in my thoughts.

I ** KNOW ** that I don't know.

Basically I'm looking for hedges in case stuff is bad, not PREDICTING that it is

But...my best guess?

* undeniable "outbreak" in US in < 6 weeks
* r0 of 4-5
* lethality 2%

[Ibian]

r0 is apparently around 5-6 with no special precautions. Even in china with everything they have done, locking people in their homes and gassing and quarantining, it´s still at like 2-3.

This thing can't be stopped. Unless it burns itself out faster than it can spread, it's going global for sure.

Oh and in regards to lethality: Calculate deaths/(deaths+cured).

Don't know why people keep using total number of infected. It makes no sense. Some of those people are going to die.

[Phil_S]

11k ceiling would be hard to break through...

Eventually we will, but not in February.

But but would you have thought to revisit 10k as fast as we just did?

Yes. But 10k was not the ceiling. 11k is the ceiling.

So breaking through 10k was not that hard. 11k will be much harder.