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

[JayJuanGee]

It will be interesting to see the final result.

Yep interesting.

When the BTC price is going up, many of us tend to gravitate towards greater levels of optimism in regards to UPpity and even considering that UPpity is more and MOAR inevitable.

Of course, waves take place - and also at some point, we are going to enter into a "last time below $10k" point in time.

Really knowing the bottom is probably almost as powerful as knowing peaks - but surely, we know that neither peaks nor bottoms can really be known with any kinds of high levels of certainty, except in retrospect.
[...]

We will never see <$10k again, at a hash rate >150 EH/s.

Snap out of it, bitebits.

[Last of the V8s]

the last nice pump was end of July. 60 days sideways&dumping followed by more sideways&dumping. started about $9200, observing 10695 currently. in other asset classes a 15% rise within two months would be exiting and cheered and celebrated. the spoiled fuckers we are this price action bores us, let's paranoia creep in, gets us mad with ourselves and each others.

i assume we are on track. even if we underperform compared to past cycles time wise for 6 months, I would still consider us on track. let the spring coil up until January or even March. the longer it consolidates in this range the more violent the upswing will be.

I just don't see price coming out of multiyear bear lows up to this stage just to turn around and dive back into the abyss. no way.

U.S. election
Covid
Global Recession
Stock Market?

the answer to all of this is the central banks printing more money. which is the macro event that ensures bitcoins success. so, no worries.

hasta la victoria siempre!

good post as ever. you should write a book. with these brrr events coming it will mean a 15% dip is no worries either, it'll probably be more like 30%, then we hope to reject it with the proverbial rusty pipe. the long term is fine as you say, but we are in for a new-fangled bottom, well below 10k.

[Last of the V8s]

But for some employees, working at an activism focused company may be core to what they want, and we want to prompt that conversation with their manager to help them get to a better place. Life is too short to work somewhere that you aren’t excited about, and we’re happy to make that a win-win conversation.

Wow so even Armstrong is cancelling cancel culture and all that drivel.

[Cryptotourist]

... does it really matter? You're clearly here with an agenda. Probably be better if you just straight out told us like an honest human being who you are working for, instead of skulking around fishing with an agenda ...

Right...

Can we have one of those "confirmed" posts of yours now?
You know, the fear mongering manipulative ones, the bio-weapon hatred stuff, lets nuke the Chinese, and all those beauties - you're so inclined to post about on a regular basis.
But hey! "We" have an agenda. LOL
Might as well delete all your accounts now, and make buy new ones.

You're done baby, suck off.
[marcus sticks around, like a gang banged bitch, and swallows]

[El duderino_]

Shall I tell you guys ....
Who I’m working for right now....
The famous coen bro’s!

[Cryptotourist]

I voted for seeing sub $10k again, because it's the only thing that really gives me a sense of fear any more.

Makes me feel alive.

Is it masochism, or you're after my petty beer treat?

good post as ever. you should write a book. with these brrr events coming it will mean a 15% dip is no worries either, it'll probably be more like 30%, then we hope to reject it with the proverbial rusty pipe. the long term is fine as you say, but we are in for a new-fangled bottom, well below 10k.

Sooo tempted to bet on this statement, but I'm not HM, so no.


Observing $10717.
People rooting for big drops, should really stop shorting BTC in a bull market ... on second thoughts - short harder, time we went up.

[Capanatlax]

good post as ever. you should write a book. with these brrr events coming it will mean a 15% dip is no worries either, it'll probably be more like 30%, then we hope to reject it with the proverbial rusty pipe. the long term is fine as you say, but we are in for a new-fangled bottom, well below 10k.

https://i.imgur.com/uFyDxdN.jpg

Trump don't want handover the president power went to new rules make for america, the point election impact on Covid-19 also trump make election to the situation. Right others button point 10k-11k range break out as soon as possible like in market.

[Last of the V8s]

good post as ever. you should write a book. with these brrr events coming it will mean a 15% dip is no worries either, it'll probably be more like 30%, then we hope to reject it with the proverbial rusty pipe. the long term is fine as you say, but we are in for a new-fangled bottom, well below 10k.

Trump don't want handover the president power went to new rules make for america, the point election impact on Covid-19 also trump make election to the situation. Right others button point 10k-11k range break out as soon as possible like in market.

[Phil_S]

[Last of the V8s]

anyway there's a slim chance some of you kids will survive the next twenty years but you're gonna have to get real

https://twitter.com/en_bloc_press/status/1297347854944657408?s=20

In the middle of the Orwellian nightmare that is Europe, the designer of the FGC-9, JStark1809, is test firing his latest project, the FGC-9 MkII.

Observe this silenced ghost gun with newly improved HK style charging handle bring secretly tested in a European basement.

https://youtu.be/1zabSOHd0Ag
https://youtu.be/1S8ePwECLHM
https://youtu.be/0_gjwGNkVX8
https://twitter.com/Ivan_Is_Back/status/1305857589499092994?s=20

https://twitter.com/XposeGunControl/status/1220097498531823616?s=20
https://twitter.com/Ragnarly/status/1309577154183622656?s=20
impressive developments abound to keep you free

[600watt]

good post as ever. you should write a book. (...)

it´s going to be a challenge for a shitposter like myself but somebody got to tell those no-coiners that blockchain isn't the "tech behind bitcoin" and that all the "crypto" listed on coinmarketcap is neither scarce nor decentralized, nor immutable, nor hard money, but plain scam.

[Karartma1]

What if the tech behind bitcoin was... well you know, bitcoin?

Observing walls and barts

Damn, Barting down again. 

We are used to it now. They need new shapes, Bart's old.

[Cryptotourist]

anyway there's a slim chance some of you kids will survive the next twenty years but you're gonna have to get real

And I was wondering why I heard no fighter jets take off yesterday. Usually they are on time on their rendezvous around 13.30-14.00 local time, for a nice dogfight over the Aegean with the Turkish ones. My gut tells me that we won't have any today either.

The fucking irony:

...

We are pleased with the progress the Greek government is making on 5G security and that its efforts to advance its digital transformation and safeguard its citizens’ privacy were complemented by the far-sighted decision of Greece’s largest cellular network provider, COSMOTE, to build its 5G network exclusively with trusted vendor Ericsson.

...

Greece is key to Europe’s energy diversification, including growing supplies of U.S. liquefied natural gas (LNG). As a hub for new infrastructure that will diversify Europe-bound natural gas routes and supplies, Greece’s role in regional energy diversification will increase as the U.S.-supported floating storage regasification unit comes online in Alexandroupoli.  Together, we can break the malevolent monopoly that Russia’s Gazprom has used over many years to threaten much of Europe.

...

Strong people-to-people ties—including diverse exchanges and collaborations—form the bedrock of our relationship with Greece and bring us closer together. During these challenging times, as we face the Covid-19 pandemic and contend against malign forces that try to weaken our bonds, the ties between our peoples give us the strength to prevail.


Oh marcus, here is my source:
h.t.t.p.s://gr.usembassy.gov/secretary-pompeo-travels-to-greece-to-advance-security-peace-and-prosperity/

[fillippone]

"Hal Finney" Sun, 11 Jan 2009

As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world.  Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.

https://www.mail-archive.com/cryptography@metzdowd.com/msg10152.html

Don't rule out any pricing option, look what they were talking about in 2009.

Important clause highlighted.  He obviously wasn’t looking into a crystal ball and predicting that.

This is why influential people sometimes become wary of any type of “what if?”, thinking-aloud types of brainstorming in public.

I do not mean a prediction from Hal, from the crystal ball, the "experiment" was in the testing phase but HF already anticipated that with a limited supply if BTC was successful the price would increase exponentially, he made a quick calculation.

Almost 11 years later with 7.8 billion people in the world, we continue with a high percentage of the population who have no idea about BTC, nor do they know what Bitcoin is, by the time (adoption) BTC reaches the consumer, all the BTC already It will be in the hands of institutions, Hodlers. very rich people, banks, exchanges, whales, miners, (not counting the lost BTC) members of WO , then it will be when the satoshis enter the market, because few people will be able to pay the full price of 1BTC in 10 or 15 years.

<...>

Just to update Hal's Computation with new Numbers:

https://www.visualcapitalist.com/all-of-the-worlds-wealth-in-one-visualization/

In 2019, total world wealth grew by $9.1 trillion to $360.6 trillion, which amounts to a 2.6% increase over the previous year.

So updating the computation, 360 trillion divided by 20 million gives 18 millions.

1BTC=1BTC= 18,000,000 USD

My body is ready.

[Last of the V8s]

https://medium.com/@antoine.riard/why-we-may-fail-lightning-ee3692de1a55
https://archive.vn/BHFvD archived because medium's annoying
wow there's a lot here, some of it dotty and some bang on. as so often, let you decide

[Last of the V8s]

1BTC=1BTC= 18,000,000 USD

My body is ready.

Notes on concepts and methods Net worth, or “wealth,” is defined as the value of financial assets plus real assets (principally housing) owned by households, minus their debts. This corresponds to the balance sheet that a household might draw up, listing the items which are owned, and their net value if sold. Private pension fund assets are included, but not entitlements to state pensions. Human capital is excluded altogether, along with assets and debts owned by the state (which cannot easily be assigned to individuals).

it's just household wealth. pointless. better start working out that body. Hal is Great, but not our God

[LFC_Bitcoin]

@BTC_JackSparrow
#BTC  if history rhymes


Clearer image - https://twitter.com/btc_jacksparrow/status/1310741424430673920?s=21

[El duderino_]

it's just household wealth. pointless. better start working out that body. Hal is Great, but not our God

Naaaaaah planB is 

[Dabs]

I'll take even just $1m. Even if you have to wait 20 years from now. It just seems like it might be sooner than that, or at least we are in the middle of the journey.

[Arriemoller]

good post as ever. you should write a book. with these brrr events coming it will mean a 15% dip is no worries either, it'll probably be more like 30%, then we hope to reject it with the proverbial rusty pipe. the long term is fine as you say, but we are in for a new-fangled bottom, well below 10k.

Trump don't want handover the president power went to new rules make for america, the point election impact on Covid-19 also trump make election to the situation. Right others button point 10k-11k range break out as soon as possible like in market.

https://www.udemy.com/course/english-course-for-beginners/