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

[El duderino_]

In 2021, #Bitcoin  will be 12.5 years old and has risen from $0.0025 to over $9000.

In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation.

Do the math.

https://twitter.com/obi/status/1281145849326829570?s=21

[goldkingcoiner]

Do the math.

When I put the numbers in my calculator it makes a happy face.

[jbreher]

This is my 20,000th post. If I do another 20,000 I think I'll be rather disappointed in myself somehow.

I was going to threaten suicide or demand money to stay, or leave, but I'll save that for the 21,000th.

Go, me.

Oh, yeah?

Well, MY post count is at an ATH!

[Elwar]

Do the math.

When I put the numbers in my calculator it makes a happy face.

I put the numbers in my calculator and came up with 58008

[wwzsocki]

We currently have the "Golden Cross" on a 2-day chart (MA50 crosses with 200), which has only happened 3 times so far and has always been a sign to a massive bull run.

But I just keep thinking, that if you throw a coin three times and you got the head, it is mathematically very doubtful that you would also throw it for the fourth time in a row.


https://bitcoinist.com/this-historically-accurate-bitcoin-bullish-indicator-flashes-again/

Additionally, we have just broken strong support that has shaped and maintained BTC's upward trend in the past few months, which may indicate a strong correction that is currently ahead of us.
Tough times for traders coming.


https://www.youtube.com/watch?v=y0gQSFIa90g&t=1440s

I haven't seen so many contradictory signals in BTC for a long time  

The last line of defense is actual support at 8600$ (green arrow at the screen above), once broken there will be no doubt we are going down.

I hope something totally opposite happens, fingers crossed.

[LFC_Bitcoin]

^^

I keep reading about Golden Crosses over the past year or two. I’m sure there’s been 2 or 3 & fuck all happened after them.

Would love to see the price start to move up soon, I’m really getting bored atm.

[Biodom]

In 2021, #Bitcoin  will be 12.5 years old and has risen from $0.0025 to over $9000.

In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation.

Do the math.

https://twitter.com/obi/status/1281145849326829570?s=21

OK, but why he is talking about btc and $ (fiat) in 2021?

Inflation calculator shows that dollar is worth about 16% and not 5% from 1971.
https://www.usinflationcalculator.com/

Could it drop to 5% in one year-possible, but unlikely.
I get the thesis, though, but numbers are wrong (for now).

[JayJuanGee]

I admit that I'm no armchair psychologist, but I am not sure whether you are in a good place, bob.

Shut the fuck up, you little wordy bitch.

Ok.  I will not try. 

I'm fine. Just grumpy as all heck lately, for, reasons.

Just recently, I had several things go against me at once, and kind of create a bit of a negative cascade.  Nonetheless, seems to me that there are quite a few people going through something like this in a lot of places in the world, and even worse in some locations, probably.

One thing that you and I have in common in terms of finances is a decent bitcoin hedge, so even though we have quite a bit going against us sometimes, it is likely worse for quite a few people who do not have a bitcoin hedge. 

Sure, some of people might have things that you and I do not have (and yeah youth is one of those things), and maybe some of that is somewhat out of our control, too, but I continue to conjecture that it remains much better to at least have some decent financial hedging - and of course, if we are having health issues because the passage of time is likely only causing those issues to get worse, to the extent that we cannot control or minimize the negative impact of all of the things, and we might be concerned that we cannot really enjoy the financial hedging.. and I only know so much about your own circumstances.  So, if grumpy works for you, let it be so.

**

**Even though I am enjoying my day, so far.   

[JayJuanGee]

For historical purposes only: #bitcoin  is at the same price level as 27 Nov 2017 .. it took 20 DAYS to go to $19K

https://twitter.com/100trillionusd/status/1281146795956088832?s=21

PlanB my brother

Seems that the earlier stages of an exponential period tend towards gradualness in the beginning until gaining some steam.. so sure, there might be some mini-blow off tops before reaching the GRAND FINALE blow-off-top, so I am thinking that a mini-bllow-off-top is likely to bring us above our ATH any time soon.. and I am thinking that there could be a couple of mini-blow-off-tops before going over the ATH.. and then we kind of start a new phase of UPpity at that point.

But what do I know?

It is not like bitcoin follows any kind of exact pattern, and even if any of us comes up with a kind of tentative idea about how it might play out, a few little glitches could throw a decently-sized monkey wrench into our previous way of thinking about the playing out of the upward momentum matter.

[BlackHatCoiner]

Bitcoin be like:

[OutOfMemory]

just watching lately
writing this meaningless post
as a sign of life

#busyRLhaiku
#hodl
#lightenTFupBawb

 

EDIT:

Life is what you see in it

(c) by someone else

[bitebits]

We currently have the "Golden Cross" on a 2-day chart (MA50 crosses with 200), which has only happened 3 times so far and has always been a sign to a massive bull run.

But I just keep thinking, that if you throw a coin three times and you have an eagle, it is mathematically very doubtful that you would also throw it fourth time in a row.
[...]

Nice graphs. Bitcoin is fortunately not a coin flip (and each time you throw a coin it is 50% head or tale).

[sirazimuth]

....
But I just keep thinking, that if you throw a coin three times and you have an eagle, it is mathematically very doubtful that you would also throw it fourth time in a row.

Fun fact....
For a coin with an eagle on one side,
 even in the very unlikely event you throw an eagle 50 times in a row, (or any number ftm) odds are still exactly the same for an eagle on the 51st throw(50%)*

 *as long as it's not a trick coin.... (also highly unlikely if 50 eagles came up in a row)

[JayJuanGee]

The volume on that red dildo was almost the same as the green one we had yesterday.
A single entity?

Personally, I find single entity theories to be quite lame (including willybot), especially given bitcoin's overall size, currently, but there is also a certain amount of understandability that more than 60% of BTC do not tend to move at all on a regular basis, so in that regard, BTC's price is being determined by a quite lower number of coins that are in a position to be traded (of course assuming that fractional reserve practices have not totally fucked any semblance of exchange volume credibility).

[JayJuanGee]

In 2021, #Bitcoin  will be 12.5 years old and has risen from $0.0025 to over $9000.

In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation.

Do the math.

https://twitter.com/obi/status/1281145849326829570?s=21

OK, but why he is talking about btc and $ (fiat) in 2021?

Inflation calculator shows that dollar is worth about 16% and not 5% from 1971.
https://www.usinflationcalculator.com/

Could it drop to 5% in one year-possible, but unlikely.
I get the thesis, though, but numbers are wrong (for now).

He is speaking from the future.

So, he can use whatever numbers that he wants, and if you do not happen to have a time machine, you cannot question those numbers....

Either get a grip, or get a time machine, Biodom.   

[Wilhelm]

In 2021, #Bitcoin  will be 12.5 years old and has risen from $0.0025 to over $9000.

In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation.

Do the math.

https://twitter.com/obi/status/1281145849326829570?s=21

So at the same growth rate in 2033 it will be $32.4B per BTC....

That works for me

(This is insanely stupid, linear unicorn math)

[El duderino_]

This boy is about to dive into a wel earned

#HODLsleep

[El duderino_]

In 2021, #Bitcoin  will be 12.5 years old and has risen from $0.0025 to over $9000.

In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation.

Do the math.

https://twitter.com/obi/status/1281145849326829570?s=21

OK, but why he is talking about btc and $ (fiat) in 2021?

Inflation calculator shows that dollar is worth about 16% and not 5% from 1971.
https://www.usinflationcalculator.com/

Could it drop to 5% in one year-possible, but unlikely.
I get the thesis, though, but numbers are wrong (for now).

He is speaking from the future.

So, he can use whatever numbers that he wants, and if you do not happen to have a time machine, you cannot question those numbers....

Either get a grip, or get a time machine, Biodom.   

An honest word from me about that post....

I only did inhale the hopium out of it 

[aesma]

We currently have the "Golden Cross" on a 2-day chart (MA50 crosses with 200), which has only happened 3 times so far and has always been a sign to a massive bull run.

But I just keep thinking, that if you throw a coin three times and you got the head, it is mathematically very doubtful that you would also throw it for the fourth time in a row.


https://bitcoinist.com/this-historically-accurate-bitcoin-bullish-indicator-flashes-again/

Additionally, we have just broken strong support that has shaped and maintained BTC's upward trend in the past few months, which may indicate a strong correction that is currently ahead of us.
Tough times for traders coming.


https://www.youtube.com/watch?v=y0gQSFIa90g&t=1440s

I haven't seen so many contradictory signals in BTC for a long time 

The last line of defense is actual support at 8600$ (green arrow at the screen above), once broken there will be no doubt we are going down.

I hope something totally opposite happens, fingers crossed.

My buy orders are ready.

My sell orders are also ready.

My non trading stash is hodling.

[strawbs]

More stock market correlation today. Only a little blip. But when will we finally decouple?    C'mon corn, you're better than this....