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

[fillippone]

A nice tweet from PlanB, based on difficulty dip.

#bitcoin BTC $10k ... it's getting really interesting now

https://twitter.com/100trillionusd/status/1229828709097594881?s=21

Which investment  strategy would you implement?

• Draw a line to the tops? According to this is 128K
• Exit when orange (I.e. 160k blocks)

[Hyperjacked]

One more for old times...  
Da playas know...  

https://m.youtube.com/watch?v=tEeAjy-05OI

[xhomerx10]

https://bitcointalk.org/index.php?topic=5226754.msg53866866#msg53866866

 Could someone remind me how to give negative merit?

Give him a wanker.... saw those somewhere

  I'll try to pull that off when I get home.  I'm out in public now

[dragonvslinux]

Let's clear out this level and move on.

[xhomerx10]

https://bitcointalk.org/index.php?topic=5226754.msg53866866#msg53866866

 Could someone remind me how to give negative merit?

Give him a wanker.... saw those somewhere

 

[soxxx]

I didn't think I would say this today, but today may have been the last day we ever see Bitcoin below $10,000.........Bitcoin is back in the uptrend, which means we just had a false breakout (downward). We see a clear rounding bottom on the 1 hour from the recent breakdown (very similar to the macro rounding bottom we saw in December)....

Within 2 days we will break $10,500 and set the first higher high since we broke $9000 last May (prior to the parabolic move from $9000 -$13,900 where it went straight up).

[bitserve]

Bleh. This is fine.

[Coin_trader]

Calm your tits Ladies & Gents and some LGBTQ...

Everything is still under control by the bulls.




The recently mild dump is actually a healthy dump so that BTC price will move towards on the average price range. It's good to see that the ATR of BTC was decrease to 300$ level which
indicates that volatility is decreasing and BTC price is growing organically. Keep safe in trading guys! 

BTC is still in the right track! As you can see on my previous quoted chart. BTC Price Bounce back right after it hits the green trend line that I setup.

Congratulations for all successful traders out there like me

Here is the current chart and BTC looks like gonna break 10500$ this time.

[Hyperjacked]

I'm thinking northern lights...

[Lambie Slayer]

I didn't think I would say this today, but today may have been the last day we ever see Bitcoin below $10,000.........Bitcoin is back in the uptrend, which means we just had a false breakout (downward). We see a clear rounding bottom on the 1 hour from the recent breakdown (very similar to the macro rounding bottom we saw in December)....

Within 2 days we will break $10,500 and set the first higher high since we broke $9000 last May (prior to the parabolic move from $9000 -$13,900 where it went straight up).

https://www.youtube.com/watch?v=-7jRWvdR5XQ

[Hueristic]

https://www.youtube.com/watch?v=1EoRchFoyv8

[Lambie Slayer]

I have been trying to figure out why Bears would be so reckless and short Bitcoin going into the halving at prices 50 percent less than our All Time Highs and 28 percent than our highs of the past summer.


Then I realized that Bears arent completely insane, bc they do get one perk for shorting the King rn.

 via Imgflip Meme Generator

Carry on Bears, your sacrifice is appreciated.

[JayJuanGee]

You promising that, Hairy?

 

Would you trust a degenerate bull hatter?  

I have my hesitancies to trust anyone on the interwebs; however, I would like to have some potential ammunition in case you happen to be wrong... That would help to make me feel moar gooder about myself.

In that case, you should definitely trust me. 

Seems to me that I got enough of an assertion from you so that I can have my cake and eat it also.

If you are correct, I will agree that you happened to be correct in your admirable conservative prudence, yet if you end up being wrong, I am surely going to be happy with that outcome, too... and even to wave wrongness in your avatar.. maybe even request that you eat your hat?

 One of the problems is that you would likely feel happy about being wrong, too.... So, I remain uncertain regarding which of us is going to come out MOAR smuggily happy in such a bizzaro "hairy wrong world"...   

Accordingly, I would anticipate you NOT complaining regarding how, by quirky chance, you had happened to have become much moar richie than expected on an even faster than expected timeline.   

[Icygreen]

https://www.youtube.com/watch?v=1EoRchFoyv8

Iike this nonsense more than the previous nonsense.
Hey, I found our friend, just can't remember his name, must be something wrong with my memory
But I recon this woman's with the wrong colored folk

[marcus_of_augustus]

https://www.youtube.com/watch?v=vtHYZkLuKcI&feature=youtu.be

... whistle blower japanese infectious diseases professors visits diamond princess and is terrified by what he sees.

I can imagine this is how this will play out in many countries where bureaucrats are in charge and many layers of incompetency have built up to stop good people fight the war. Wearing PPE for bio, chem or nuclear is not all you need, there is training and understanding required to keep the clean and dirty sides separate.

[Febo]

Yesterday was the first day that there were less Coronavirus infected then a day before.  1800 new , 1800 recovered and over 100 dead.  It is also slowly getting clear what will be the mortality rate. It should be between 2.7% and 13.8% or all infected. So most likely close to 6%.

[JayJuanGee]

"Some Bitcoin promoters are deliberately misrepresenting my concession that anyone who bought Bitcoin 10 years ago and sells now will make money as an endorsement of buying #Bitcoin today. It is not. Those who buy today and sell 10 years from now will likely do so at a loss."

https://twitter.com/PeterSchiff/status/1229742185651851266

LOL, I wonder what he will say as the years go by and he gets proven wrong over and over, just like for the last 6 or 7.

So far, history has shown that bitcoin has always been higher at any point 4 years after purchase, and of course, at some point that might no longer be true.  There is also the problematic nature that an investment, such as bitcoin that starts from zero is going to have pretty steep performance once it gets a value that is much above zero... So for example, maybe we could start measuring bitcoin's value in 2011, and bitcoin was valued in about a $2 to $7 price range for a large portion of 2011.  Seems like a decently fair starting point to start measuring bitcoin's advancement from there.

Also, we know that no investment is guaranteed, but bitcoin still seems to show pretty strong signs of continuing to be a good investment, even looking at a 10 to 20 year time horizon into the future.. and one thing about being a free-willed individual, we are empowered to change our minds or our investment strategies at any time that we chose, but those people who have invested into bitcoin and have held their bitcoin for longer periods have tended to do well with their bitcoin investments (so far), and even though there is no guarantees about future performance based on past performance, the current evidence still seems to support bitcoin as an investment, at least as a way to hedge 1% to 10% of investment assets and currently, there is no real evidence to suggest that anything is changing in regards to the ongoing investment thesis into bitcoin, except perhaps becoming stronger and stronger and stronger with the passage of time in a kind of Lindy effect kind of way.   

Like Lambie bambie asserts, seems like Peter is going to just continue to be wrong and wrong and wrong, but stubborn as Peter is, he is NOT likely to give up with his nonsense, even if he is shown to be a fool in the next 10 years.

[bkbirge]

https://medium.com/@hhua/bitcoin-retirement-series-part-1-bitcoin-investing-in-retirement-plans-us-version-2d65c5fffe31
Much to chew through. US perspective.

Good article, I've got an old 401k I should try a self directed IRA with.

[bitebits]

I expected to see the LFC millionaire tracker this Monday at -100 BTC

Oh shit, I forgot. Give me 5 minutes!

Edit -

Delivered


Week commencing Monday 10th February 2020 - WO BTC millionaire tracker.

102.25147523315893 BTC to have $1,000,000 USD right now.

Decimal wise not as accurate as you are LFC, and still would appreciate an update from time to time, but the below website by forum member Anduck has you covered when temporarily being absent:

 https://amiabitcoinmillionaireyet.com/

[JayJuanGee]

No mercy for shorters. I love to take the money of those stupid people that sell bitcoins.

You have to agree that we earn only to spend there is no point in grabbing it without spending it if you need to spend.

Another way of saying that you have likely overinvested if you cannot figure out ways to mostly accumulate BTC and spend your other crappy money... hopefully, you have some of that crappy money to spend.. #greshams_law