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

[JayJuanGee]

It can't just keep happening.
The whole stock to flow thing is too simplistic.
Eventually the numbers get too big to keep going up.

Of course, even if bitcoin is designed to pump forever, even the stock to flow model will taper off along the way.  

We have already witnessed a tapering off of each exponential wave in terms of the percentage increase at each 4-year fractal.

So, yeah, as the BTC market becomes more saturated, it won't be able to even come close to pumping as much in terms of percentage as it did in the previous 4 year fractal, but we are still at less than 1% of world adoption..  AmiNOTrite?.... so there seems to be room for a few more BTC exponential pumpenings.. in the coming years.. especially looking at the next few years and even meaningful 12-years ish or more.  No?

Why so pessimistic, cAPSLOCK?  Especially in the near term?  And who gives any shits if BTC is not sufficiently pumpening in 50 years because the BTC market is potentially becoming more saturated?  

Do you really care about stock to flow model being broken (or less accurate) in 50 years or whatever?  Who fucking cares?  

Many of us will either be dead by then or too busy banging hookers, whipping donuts in Lambos and snorting blow to even notice, right?

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[wxa7115]

10968 is where the unmentionable exchange topped out for now. That's gotta be some coronavirus high or something.

Edit: highest since August last year.

I just saw this at coinbase and I am just like wow, there was a retracement but it seems we are headed for another attack at the 11k level during the next minutes or hours.

[OutOfMemory]

Sex is great but have you ever HODLED through a hideous bear market with heavy bags & now beginning to see the start of the impending face melting, once in a lifetime bull run?

Whatttt?
I hope you'll finally have real good sex some day   #nohomo
Other than that, this feeling isn't even comparing to anything else (i mean the hodling and subsequent bullrun)  

Feels like 11/2017 somehow, only that it's just the start!

[OutOfMemory]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now 

I don't wanna be my brother in law right about now.

...Bitcoin will never go over $10k again...

Muahahaha!!!

[strawbs]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now  

Yup, he popped into my head earlier today. Can't decide whether to think of him with sympathy or stupidity in mind. I can't help but feel sympathy for him, but the stupidity of selling at $3xxx, after he'd spent so much time here with fellow WOers, wins out. Fundamentals, etc.

Sorry for his losses but he really should have known better. Never mind, just suck it up and buy back, as we all advised at the time. Then, after learning how to hodl through anything, in x years from now, he'll hardly remember the act of stupidity and will need no sympathy.

But he'll know that his name will live forever as a verb: 'to mindrust' - or, 'to do a mindrust' - the act of failing to hodl

verb, mind·rust·ed, mind·rust·ing.
to fail to hodl; to sell, by way of panic:
e.g. The foolish gambler mindrusted all of his bitcoins away.

[Wexlike]

Amazing day so far hahaha.

But what happened with Bob?

[wwzsocki]

Epic! +1 merit!  

I just knew that there will be a party in the Wall Observer thread   .

Yes, the biggest barrier at 10,400$ is broken and nothing will stop BTC from going up now!!!

I only hope that all bags are already filled with BTC and if not then this is the last time to do it, in my opinion, it can be the epic run we were waiting for.

[Wekkel]

Nobody will dump coins before $100k. Make it so.

[aesma]

Amazing day so far hahaha.

But what happened with Bob?

He ragequit and deleted all his posts one by one.

[Indymoney]

Amazing day so far hahaha.

But what happened with Bob?

Lock down is really causing some serious troubles to many peoples so Bob is also one from them.

[NotATether]

Today's a good day. We even broke the $10,500 resistance. We made a really huge jump at 5PM UTC so I hope we can at least keep it there.

[serveria.com]

I remember you used to be a stinky bear some time ago... now trying to be a part of this pumpfest?  

[600watt]

In a few decades, about the time when bitcoin has had its 15th halving, when the spelling of "hold" will generally be replaced by the word hodl in everyday common language, when the current fiat system had collapsed long ago and the new global monetary system will be the bitcoin network at its core, when the golden era of independent decentralized money is thriving, historians will try to find out who and what made this change possible. Satoshi will be as popular as Santa Claus and as mythical, the descendants of anyone who ever has contributed to the bitcoin core software will be worshipped in the same way as medieval saints have been a thousand years ago. The historians will know who wrote the code, but that doesn't explain anything. they will know who founded the first important bitcoin companies but this still will not explain the magnificent success of this network of trust. Some of them will want to know who filled that bitcoin project with life. with real life. and they will stumble across the WO thread. They will have to admit that this strange collection of vulgarity and stupidity mixed with the financial Einsteins of their time, with the best brains of this generation was actually the reason of bitcoins take off.
keep that in mind when posting here. future generations will try see the wisdom in what you have written.

[serveria.com]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now  

Yup, he popped into my head earlier today. Can't decide whether to think of him with sympathy or stupidity in mind. I can't help but feel sympathy for him, but the stupidity of selling at $3xxx, after he'd spent so much time here with fellow WOers, wins out. Fundamentals, etc.

Sorry for his losses but he really should have known better. Never mind, just suck it up and buy back, as we all advised at the time. Then, after learning how to hodl through anything, in x years from now, he'll hardly remember the act of stupidity and will need no sympathy.

But he'll know that his name will live forever as a verb: 'to mindrust' - or, 'to do a mindrust' - the act of failing to hodl

verb, mind·rust·ed, mind·rust·ing.
to fail to hodl; to sell, by way of panic:
e.g. The foolish gambler mindrusted all of his bitcoins away.

The Mindrust Maneuver 

[infofront]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now  

Yup, he popped into my head earlier today. Can't decide whether to think of him with sympathy or stupidity in mind. I can't help but feel sympathy for him, but the stupidity of selling at $3xxx, after he'd spent so much time here with fellow WOers, wins out. Fundamentals, etc.

Sorry for his losses but he really should have known better. Never mind, just suck it up and buy back, as we all advised at the time. Then, after learning how to hodl through anything, in x years from now, he'll hardly remember the act of stupidity and will need no sympathy.

But he'll know that his name will live forever as a verb: 'to mindrust' - or, 'to do a mindrust' - the act of failing to hodl

verb, mind·rust·ed, mind·rust·ing.
to fail to hodl; to sell, by way of panic:
e.g. The foolish gambler mindrusted all of his bitcoins away.

He'll be forever remembered in the annals of WO history as a man so selfless that he would sacrifice all his BTC to Karhu, so that we may be wealthy.


For Mindrust so loved the WO, as to give his only begotten Bitcoin; that whosoever believeth in Bitcoin, may not become impoverished, but may have hookers and blow everlasting.

[Bitcoinaire]

[JayJuanGee]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Definitely worth requoting for anyone who might have missed this lil gem.

Might need one for Bob too, soon.  

 

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now 

 

Many of us had "spidey senses" ^{tm - credit to strawbs} that this moment was going to come  (and likely going to continue to come... because bitcoin is not likely to stop here, even if we may well witness a decent number of additional corrections that will fake out some fence sitters, no coiners and delusional shitcoiners). 

[AlcoHoDL]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now  

Yup, he popped into my head earlier today. Can't decide whether to think of him with sympathy or stupidity in mind. I can't help but feel sympathy for him, but the stupidity of selling at $3xxx, after he'd spent so much time here with fellow WOers, wins out. Fundamentals, etc.

Sorry for his losses but he really should have known better. Never mind, just suck it up and buy back, as we all advised at the time. Then, after learning how to hodl through anything, in x years from now, he'll hardly remember the act of stupidity and will need no sympathy.

But he'll know that his name will live forever as a verb: 'to mindrust' - or, 'to do a mindrust' - the act of failing to hodl

verb, mind·rust·ed, mind·rust·ing.
to fail to hodl; to sell, by way of panic:
e.g. The foolish gambler mindrusted all of his bitcoins away.

The Mindrust Maneuver 

Or the phrase: to "go full mindrust."

E.g.: "He went full mindrust and lost it all in an instant."

[Phil_S]

hmm...

[serveria.com]

Anyone got some ketchup for these grilled bear steaks? /licks lips

When licking lips while looking at bears you need to add $nohomo at all times