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

[qwizzie]

To break or not to break $3850
That is the question.

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[vapourminer]

In 1 week (3/23): $5
In 1 month (4/16): $100
In 3 months (6/16): $25,000-150,000
In 1 year: (3/16/21): $0

[UnDerDoG81]

Buy when others sell...

I can imagine we will see 3 digits no? That might be the chance of the life if we see such a price! I bought in 2014 for 3 digits and still holding these... And will hodl through this panic bullshit that never made any sense, only shaking off weak hands... See you in 2022 @100k

[nutildah]

Music is fading away

On the Taiwan expats forum, amazing posts there from December 2019 https://tw.forumosa.com/t/novel-coronavirus-cases-reignite-sars-fears-the-epidemic-mess-foretold/187094

Read the very wise posts from "Icon"  

Seems like he pulled a Craig Wright and edited the post on Feb 13th:



Regarding his comments from December 31st: people make all sort of predictions about everything under the sun every day. It doesn't necessarily make them "wise," it just means they have access to a keyboard.

mindrust! it's time to panic-buy!

I'm not so sure about that... On the plus side, if BTC goes under $4k, mindrust will have been validated in his selling. (that's about the only plus side, if you can even call it that)

[MrRobot]

[LFC_Bitcoin]

mindrust! it's time to panic-buy!

Come on mindrust, time to buy back your coins.

[goldkingcoiner]

mindrust! it's time to panic-buy!

Come on mindrust, time to buy back your coins.

[LFC_Bitcoin]

Unsure if I should kill myself or spend my last fiat on corn

[mindrust]

I'll tell you one more thing. Regardless of my decision about going all back in or not. (I'll probably do it when I feel it is the right time but I am also probably not going to invest like $50k this time, $10k is more likely)

Most bitcoins were mined when their price was below 50 bucks. There are millions of them.

Do you understand what means?

It means this whole thing can go to zero and halvening don't really mean shit. There is no bottom. No TA.

One of the reason I was so freaked out when I read there were coins moved to exchanges after 10 foookin years. 10 fookin years.

They can afford to sell it below $1k.

[_javi_]

that was me.  As my plan was to deplete all fiat last year and this one rely on slow selling corn as needed.

Now i´m out of cash, and i have to sell to pay the monthly bills. Bye bye stash

[Ibian]

I'll tell you one more thing. Regardless of my decision about going all back in or not. (I'll probably do it when I feel it is the right time but I am also probably not going to invest like $50k this time, $10k is more likely)

Most bitcoins were mined when their price was below 50 bucks. There are millions of them.

Do you understand what means?

It means this whole thing can go to zero and halvening don't really mean shit. There is no bottom. No TA.

One of the reason I was so freaked out when I read there were coins moved to exchanges after 10 foookin years. 10 fookin years.

They can afford to sell it below $1k.

That's the wonderful thing about a free market. Anyone is free to do what they want with their property without having to ask for permission from meddling busybodies.

[serveria.com]

Now the lowest is 4400, how much next?

No floor here really.  For all assets, the panic selling, raising cash at all costs is only at the beginning.

Ignore the price.

Strange to be bored

Welcome to the club! Now you're a real HODLer! 

[In the silence]

Omaygaad this dive will get me broke and definitely die of starvation.
Bitcoin is more valuable than my stomach so yeah lets ride this shite.
Go big or go home!
Buy buy buy!

[LFC_Bitcoin]

that was me.  As my plan was to deplete all fiat last year and this one rely on slow selling corn as needed.

Now i´m out of cash, and i have to sell to pay the monthly bills. Bye bye stash

I’m fine for living money etc, I’m just a bit deflated at seeing the price & what it’s done to my net worth.
Luckily China are shipping again so my business is back up & running to full capacity but one thing goes well & then bitcoin goes to shit.

[AlcoHoDL]

Yeah, and I can predict this:

In 1 week: $1,000 - $10,000
In 1 month: $500 - $20,000
In 1 year: $200 - $50,000
In 3 years: $100 - $100,000

...and I can almost guarantee that I'm going to be right! Does this make me a good BTC/USD price predictor? Absolutely not!

The wider the prediction range, the more it means that the "predictor" is using a crystal ball and hasn't got a fucking clue what he's talking about...

BTC is going to do what BTC is going to do. But we have the (extremely important) added advantage of knowing how it works and what it means (the ones that understand it, at least). This alone tells me that its value will rise to stratospheric levels, and in a time frame that will allow me to enjoy the privileges of owning a tiny little piece of it.

That's the best prediction I can make, and it keeps me from panicking and losing my sleep. In fact, since I started owning BTC, my sleep and other RL activities have improved tremendously. If I'm right (as I believe I am), then all the better for all of us. If I'm not, it's still OK, I'll survive this life, which is already treating me very kindly due to my own decisions and life strategies.

BTC won't rescue anyone from their own misery, self pity and incompetence. But it can make one realise his/her dreams. That's my bet.

This is fine.

HoDL.

(...and buy, if you can.)

[serveria.com]

One of the reason I was so freaked out when I read there were coins moved to exchanges after 10 foookin years. 10 fookin years.

Pffff... happens all the time. Not a big deal  

[Phil_S]

It means this whole thing can go to zero and halvening don't really mean shit. There is no bottom. No TA.

"The price of any commodity tends to gravitate toward the production cost." - Satoshi Nakomoto

Do you think production cost will drop significantly?

Electricity is not free, you know...

[serveria.com]

Now I have no idea what the price will be before/after halving...   

[mindrust]

It means this whole thing can go to zero and halvening don't really mean shit. There is no bottom. No TA.

"The price of any commodity tends to gravitate toward the production cost." - Satoshi Nakomoto

Do you think production cost will drop significantly?

Electricity is not free, you know...

Read the earlier paragraph.


Most of them has effectively zero cost of mining.

Latecomers only sell because they panic (like me), it is the early adopters taking a dump on us.

We are betrayed.

[Ibian]

It means this whole thing can go to zero and halvening don't really mean shit. There is no bottom. No TA.

"The price of any commodity tends to gravitate toward the production cost." - Satoshi Nakomoto

Do you think production cost will drop significantly?

Electricity is not free, you know...

Read the earlier paragraph.


Most of them has effectively zero cost of mining.

Latecomers only sell because they panic (like me), it is the early adopters taking a dump on us.

We are betrayed.

Betrayed? What do you think they ever owed you?