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

[hv_]

this👌👍

Bitcoin (BTC) will only stop gaining in value if “something unexpected” stops it, Bloomberg researchers believe.

https://cointelegraph.com/news/only-something-unexpected-can-stop-bitcoin-price-bull-run-bloomberg

Lol.

Bloomy news soo expensive

Best quote. Maybe an unexpected sell off?

 

[1713903607]

1713903607

[1713903607]

1713903607

[cAPSLOCK]

Shit is getting out of hand. Was just about to post this.

It's a chain swap as JL0 pointed out, so no new tether were effectively minted. They're just rearranging their furniture.

It's actually good(bad) for ETH.  Good as it is validating it, bad as it is going to add so much more to the centralization of it.

I seriously wonder why they don't use Liquid USDT.  SUCH a better design.

Not centralized enough.

That's actually an interesting point.

Liquid is a Federated trust model.  Very much centralized. And openly.  Ethereum is a "decentralized world computer (code is law)" that is probably about as "decentralized" as liquid, except no one is actually sure who is controlling it.

[bitcoinPsycho]

Number going down.

Or poised to go up

[soullyG]

Setting lowball bids at $9699

[AlcoHoDL]

Number going up...
Number going down...

Guys, you're just reading the noise.

Number has been going up since 3 January 2009.

[bitcoinPsycho]

Number going up...
Number going down...

Guys, you're just reading the noise.

Number has been going up since 3 January 2009.

So very true but its an obsession I have to admit

[AlcoHoDL]

Just for the LULZ.

https://youtu.be/GI7sBsBHdCk

Has been posted before, but hey, still funny!

Money printer go brrrrrrrrrr...!

[vapourminer]

Number going up...
Number going down...

Guys, you're just reading the noise.

Number has been going up since 3 January 2009.

So very true but its an obsession I have to admit

as someone already noted its much more fun to read the WO 1st and then guess the price. then check your favorite exchange and see what the real number is.

after all if you know the price before reading the WO its like hearing about the score of the football (ok soccer or whatever ) score before watching the game.

sorry for offending the (american) football vs the rest of the worlds football thing crowd. well, not really heh. not really a fan of either. now, hockey.. yeah, it has dedicated fighters whos only purpose is to to take opposing players out.. now thats a game.

[BobLawblaw]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

[d_eddie]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

More than kinda here.

[JL0]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

There is CME gap at $9600 maybe we'll fill that.

[soullyG]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

More than kinda here.

Yeah me too. Feels like ~$10500 or so will be the bottom if we do slip more here, but hey, lowball bids ready too for some high volume dump flash crash action. Mmm I love me some Bitcorn coaster

[cAPSLOCK]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

You know if it stays on that course for ANY reason it is going to get that PlanB fellow a LOT of attention in the traditional finance world which will be certainly waking up to Bitcoin.  All of this seems inevitable to me.

That said, I have always been skeptical of the model.  For no good reason though.  Really just because it fits too damn well, lol.  And ultimately it HAS to fail.  Because it predicts a price of $∞.  Because stock to flow eventually will do something the world has never actually seen before and would essentially make bitcoin PRICELESS.  Lol.

[d_eddie]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

You know if it stays on that course for ANY reason it is going to get that PlanB fellow a LOT of attention in the traditional finance world which will be certainly waking up to Bitcoin.  All of this seems inevitable to me.

That said, I have always been skeptical of the model.  For no good reason though.  Really just because it fits too damn well, lol.  And ultimately it HAS to fail.  Because it predicts a price of $∞.  Because stock to flow eventually will do something the world has never actually seen before and would essentially make bitcoin PRICELESS.  Lol.

Indeed, the absence of an upper bound makes the S2F model for bitcoin a lot less sexy in the long run. I could live with the curve flattening out at, say, $1M. Could you? 

[cAPSLOCK]

Indeed, the absence of an upper bound makes the S2F model for bitcoin a lot less sexy in the long run. I could live with the curve flattening out at, say, $1M. Could you? 

In extraordinary comfort.

[Last of the V8s]

https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

Of course, this will all change as Bitcoin’s mechanics continue to play out, making Number go Up.  In time, everyone will have to face the painful realization that their reasons for writing off Bitcoin were wrong.  Because of the dynamics at work with the yuppie class, it may take longer for them to come around to Bitcoin than with most new technologies or trends.

[Biodom]

https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

Of course, this will all change as Bitcoin’s mechanics continue to play out, making Number go Up.  In time, everyone will have to face the painful realization that their reasons for writing off Bitcoin were wrong.  Because of the dynamics at work with the yuppie class, it may take longer for them to come around to Bitcoin than with most new technologies or trends.

interesting analysis...I don't even care to proselytize anymore (after trying and failing).
It would happen 'automatically', most likely.

[xhomerx10]

Setting lowball bids at $9699

Doubt she's going to go that low, but good luck trying to hook that price.

Will be genuinely surprised if we dip below $11k USD/BTC. Kinda hoping the S2F projections pan out as predicted.

You know if it stays on that course for ANY reason it is going to get that PlanB fellow a LOT of attention in the traditional finance world which will be certainly waking up to Bitcoin.  All of this seems inevitable to me.

That said, I have always been skeptical of the model.  For no good reason though.  Really just because it fits too damn well, lol.  And ultimately it HAS to fail.  Because it predicts a price of $∞.  Because stock to flow eventually will do something the world has never actually seen before and would essentially make bitcoin PRICELESS.  Lol.

 It predicts a price approaching infinity.
 Since there is no limit on the printing of fiat, there should be no limit to the value of a Bictoin.  I'm hodling until ∞-1 

*No no limits, we'll reach for the sky
 No valley to deep, no mountain to high
 No no limits, won't give up the fight
 We do what we want and we do it with pride
 Let me hear you say "yeah!"

 No no, no no no no, no no no no
 No no there's no limit!
 No no, no no no no, no no no no
 No no there's no limit!

*No Limit lyrics © Decos Publishing
 
 

[cAPSLOCK]

https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

Of course, this will all change as Bitcoin’s mechanics continue to play out, making Number go Up.  In time, everyone will have to face the painful realization that their reasons for writing off Bitcoin were wrong.  Because of the dynamics at work with the yuppie class, it may take longer for them to come around to Bitcoin than with most new technologies or trends.

This is one of the more interesting pieces on this sort of topic I have seen.

It may be a confirmation bias sort of thing, but I have always comforted myself that Bitcoin is yet another thing that people 20 years after it's introduction will be saying, "I can't believe I never invested in it".  Even as big a deal as we, the choir, think Bitcoin is nothing like this is ever obvious to the masses, even the smart ones at first.

We are still... at first.

[JayJuanGee]

Shit is getting out of hand. Was just about to post this.

It's a chain swap as JL0 pointed out, so no new tether were effectively minted. They're just rearranging their furniture deck chairs.

^^^ FTFY

What a pessimistic picnic bear...

Did not realize that you are a Tether FUDster, too.  

The picnic bear wears many hats!!!!!!!!    

'2x per year' lines update (vs 7-day average):

Oh my!!!!!!