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

[Room101]

If we hit ATH this year, I'm 80% sure we will hit 100k by end of 2021. Only 30% sure we'll hit a ATH this year though.

Once she gets started, there is no stopping her. Sometimes the bitch just doesn't want to get out of bed though.

As always, patience is key, especially with bitcoin.

Buy, hold, chill the fuck out.

Strange to say only 30% with almost 6 full moths to go.....

just thinking about the last halving and bullruns I have been through. The last 50% to recover to ATH can take a long fucking time. 12k to 20k could easily take 6-12 months, then a while hanging around just below for a while. I expect us to start going up soon, but I think it will be the long slow grind up for quite a while, finally pass ATH, and the grind up slowly gets faster and faster, until we frequently have days of 1, 2, 5k rises. When the daily rises are greater than the previous ATH, time to think about taking some profit.

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[somac.]

If we hit ATH this year, I'm 80% sure we will hit 100k by end of 2021. Only 30% sure we'll hit a ATH this year though.

Once she gets started, there is no stopping her. Sometimes the bitch just doesn't want to get out of bed though.

As always, patience is key, especially with bitcoin.

Buy, hold, chill the fuck out.

Couldn't agree more. If there is something BTC does well, it is momentum. LFC point about still soaking up the supply is probably spot on, but once that is done she'll wake.

[P_Shep]

*Quietly waiting for multi-thousand-per-day rises*

[LFC_Bitcoin]

Couldn't agree more. If there is something BTC does well, it is momentum. LFC point about still soaking up the supply is probably spot on, but once that is done she'll wake.

My guess -

• Slow grind to a new ATH in early 2021
• $50,000 per coin by end of Q3 2021

• It’ll go from $50,000 to $100,000 quickly, all the noobs will flow in

[somac.]

Couldn't agree more. If there is something BTC does well, it is momentum. LFC point about still soaking up the supply is probably spot on, but once that is done she'll wake.

My guess -

• Slow grind to a new ATH in early 2021
• $50,000 per coin by end of Q3 2021

• It’ll go from $50,000 to $100,000 quickly, all the noobs will flow in

haha, I saw your last line before deletion. I was thinking "shit, I'm only going to see 1 more birthday".

[Indymoney]

*Quietly waiting for multi-thousand-per-day rises*

Hopefully this will happen but we have to wait quietly.

[Room101]

Couldn't agree more. If there is something BTC does well, it is momentum. LFC point about still soaking up the supply is probably spot on, but once that is done she'll wake.

My guess -

• Slow grind to a new ATH in early 2021
• $50,000 per coin by end of Q3 2021

• It’ll go from $50,000 to $100,000 quickly, all the noobs will flow in

OK, it seems we're all agreed.....now lets all predict the bottom after the crash. I'm guessing up to ~200-250k, then back down to ~60-75k. 4 year wait for new ATH, although not so sure about the last part. BTC will be well and truly part of the global financial system by then, so maybe it recovers a lot faster. JP Morgan will be publishing articles about how they knew bitcoin was the real deal the whole time, and Krugman will be smashing windows with Casascius coins.

[Room101]

*Quietly waiting for multi-thousand-per-day rises*

Hopefully this will happen but we have to wait quietly.

 

[LFC_Bitcoin]

I’ll guess at a top of approx $150,000 then a horrible, multi year bear market again, possibly going as low as $30,000.

[serveria.com]

I have a cousin, same age as me (in his 40s), who's eating more or less like Tash describes. He is totally against conventional medicine and into natural remedies, herbs, etc. He's also a vegetarian.

-- Half his teeth have fallen off. Even most of the front ones, but he refuses to go to the dentist (he's against doctors).
-- His Hematocrit (blood HCT) is below normal (around 30~35%).
-- Although he is very fit (he exercises a lot), he looks malnourished and unhealthy.

I'm sure he also has some issues there (you know below the waistline) 

[Room101]

I’ll guess at a top of approx $150,000 then a horrible, multi year bear market again, possibly going as low as $30,000.

Just going from memory, can't be fucked looking it up, but usually the low is around 3x the previous ATH?

[serveria.com]

I’ll guess at a top of approx $150,000 then a horrible, multi year bear market again, possibly going as low as $30,000.

Just going from memory, can't be fucked looking it up, but usually the low is around 3x the previous ATH?

It's actually 80-85% down from ATH 

[Torque]

And in other news...

[LFC_Bitcoin]

And in other news...

#SecondWaveFUDLoading

[Phil_S]

almost...

[lightfoot]

I am still laughing, will be for a little while.

[Karartma1]

I am willing to take the risk.

Golden rule: don't risk more than you could afford to lose.  

I am already over-invested, was not my fault but bitcoin's! He decided to become the largest holding in my portfolio without telling me.
I can not complain so far.
Come on man, get back your full coin. 

[VB1001]

$100,000 per coin by New Year 2022 (achieved by late 2021) is definitely possible. The halving hasn’t taken effect yet, we saw what happened post 2012 & 2016 halvings. It takes a while for the reduced supply of new coins to affect the market.

We’ve all seen how fast & aggressive honeybadger can be when he wants to. $100,000 is only just over 10 x the current price. It’s definitely, definitely a possibility imo.

We’ve had a worldwide, unprecedented pandemic and the price is still over $9,000. We are going to a new ATH & beyond next year, I’m sure of it.

HODL, keep buying & you will be handsomely rewarded!

Never go full mindrust

It will always be difficult to predict prices at certain dates and stuff.....  But we all just know how fast BTC has risen in the past and always very aggressive some moments ... to sustain an avg of over 8k for a year long after only 11 years of existence will be considered for more difficult as to top out at 50-100k imo

But then again everyone has there opinion, I only do believe that      #BTClivesMATTERS

Yeahh, whoever does not see Bitcoin as an asset does not understand anything, if its value were 0 at this time it would be 0, however we are above 9.4K
I don't dare say a figure, but as soon as the situation improves this year, we will have a new ATH

[Tash]

Common sense is rare this days.
If healthy blood pH is 5.71% of neutral on Alkaline (7.4) side of things then common sense dictates that daily total food intake must also be somewhere around that percentage. Which translates to a daily combined PRAL value somewhere between an apple -2 and red wine -4
No study is needed, only little bit of brain.

Your food intake doesn't regulate your blood ph. Your kidneys do. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4670772/

That is when the kidney regulates the kidney dis-ease.
Dietary acid load and chronic kidney disease among adults in the United States
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4151375/

So study finds that people with high daily acid load (DAL):

• have no education
• a minority
• poor
• old
• desperate no-coiners
• and at greater risk of CKD

Conclusion
Our findings suggest that high DAL is associated with greater risk of markers of CKD, and older age, poverty, racial/ethnic minority status, and limited education are independently associated with high DAL among U.S. adults.

W'll be frying some Puerto Rican Sweetpotatoes tomorrow -30.9

[JimboToronto]

Good morning Bitcoinland.

Still going sideways in mid-$9xxx boredom... currently $9420USD/$12777CAD (Bitcoinaverage)'

Life goes on. Hodl and be happy.

@Tash: I was on the same path until about a decade ago, tried a lot of fancy "magic" stuff, tried to convince other people of how silly they are not to go "alternative" and throw their money at scammers that are actual doctors.
Let me tell you this: It didn't work. The only people i knew that claimed that it works either had no real health problems or took money for their alternative product or service. Some of the first group had health problems afterwards. Most risks are well documented.
This is a wakeup call from Morpheus. It's up to you if you take the red or the blue pill.

There's no sense trying to reason with those so brainwashed their minds are locked shut. They're right and everyone else (except other devotees) is wrong. They'll tell you that "common sense" dictates that the world is flat. They know the difference between "real" lettuce and the other kind. Unreal lettuce? Sigh.

I have a cousin, same age as me (in his 40s), who's eating more or less like Tash describes. He is totally against conventional medicine and into natural remedies, herbs, etc. He's also a vegetarian.

-- Half his teeth have fallen off. Even most of the front ones, but he refuses to go to the dentist (he's against doctors).
-- His Hematocrit (blood HCT) is below normal (around 30~35%).
-- Although he is very fit (he exercises a lot), he looks malnourished and unhealthy.

Several years ago, I was suffering from a serious, life-threatening condition, that required taking some nasty, very strong chemicals. My cousin strongly advised me against it, and recommended some special herbs. After researching all of my options, I went ahead with the medical treatment as advised by my doctor, and I'm now in perfect health. Had I followed my cousin's advice, I would probably not be alive today.

Just a word of caution, don't experiment with your health based on what someone has told you, or what you've heard, or read on the net, without hard, scientific evidence. Eat what you like, enjoy your food (your body itself will tell you what is good for you), just don't overdo it, as with most things. Most importantly, don't listen to anyone claiming he has the solution to all your health problems, without researching it thoroughly by yourself.

One last thing. Apply the "follow the money" principle. Just check to see if there's money involved and whether or not the person giving you advice has some monetary gain from persuading you to follow his methods. Steer clear from cases where you need to buy some "magic supplement" that will make you healthy, or otherwise having to pay someone for health services that are not scientifically proven.

I have similar anecdotal experiences. I had several friends who distrusted "big pharma" and the entire established medical profession. One even used a pendulum like a diviner to "cure" diseases. Needless to say, he and most of the others died early deaths.

In the real world, there are causes and effects, although they are not always obvious and can be confused with coincidences. Common sense can indeed be used for health if you wade through all the misconceptions.

A few years ago, I discovered I had hepatitis-c (for who knows how long?) and my liver took a beating.I enjoy alcoholic beverages. Luckily, Big Pharma came to the rescue. Seems that by culturing hep-c virus in vitro (thanks to a technique developed in European universities), American Big Pharma was able to identify a protein required by the virus for replication, while being unnecessary for humans, and developing a blocker. Luckily, I live in a country that doesn't depend on insurance companies for health care. I took a pill (Zepatier) every morning for 3 months. It was like taking a vitamin pill... no side effects. I didn't even have to quit drinking booze.

Before starting treatment, my AST levels (standard liver function blood test) were over 300. 20 is considered normal and 40 is red line. After a month my AST had dropped to 20 but we continued treatment for the full 90 days. Comprehensive testing after 90 days indicated no hep-c virus remaining. We tested again after 90 days more and again 60 days after that. Still no hep-c. I thanked my hepatologist and wished him a happy retirement. Thank you Medical Establishment. Thank you Big Pharma.

From my late teens to my early fifties I didn't go to doctors except to get stitched up, have my bones screwed back together, or get prescribed antibiotics after consorting with the wrong women. I'm a great believer in diet, exercise, and a healthy attitude. I figure that if hypochondriacs can make themselves ill with the sheer power of their own brains, we hyperchondriacs can make ourselves well... to a point.

Placebo effect is a proven and long established phenomenon. It's the reason for experiments being double-blind. It only goes so far though. There are times when outside intervention is required.