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

[Karartma1]

So I guess you haven't noticed the following



photoshopped but still

[600watt]

It's like witnessing a hard-left liberal just minutes after the red pill they just swallowed starting to take effect... the hypocrisy is real

Well, because I believe in flat facts over all, I brought up some documents I typed up on finances on election day 2016 and compared the values to election day 2020.

As of today, my net worth (assets minus liabilities) has doubled in value. Granted bitcoin was at 707 then and is at 13,000 now but every asset class I have is way up.

So... there you go. Unlike Bush, the last 4 years really paid off.

(Edit: I did some more analysis: From 2004 to 2008 my NW didn't do anything. From 2008-2012 it tripled, thanks to some deals I made while the world was ending. From 2012 to 2016 it went up 60%. So 100% from Trump is good for a Republican.)

From your inspiration, I did a quickie assessment of my own situation (using October of each of the years as the measurement point), yet I would not attribute changes in my networth to politics... and I am a bit surprised to look at the numbers, but I think that the last portion of my great luck seems to have been largely attributable to my late 2013 decision to add bitcoin to my invests and to persist with investing in BTC during the past 4 years.  If I were to remove BTC from the assessment and hypothesize having had investing in some other asset class, then 2016 would likely have had looked the same/similar, but 2016 to 2020 would have likely have had been way more flat.

2004 - baseline
2008 - 285% increase
2012 - 301% increase
2016 - 161% increase
2020 - 320% increase

I will concede that the last 16-20 years of my life have been investment portfolio building/appreciation years.. which I would never have had imagined such great overall performance.. seems to have been some luck in there, too.. especially the last 4 years.. as I tried to say above..

those are solid figures, congrats

my case it is an example of an bitcoin-only investment:

invested in btc in 2013.

2013-2016: 1000% increase
2016-2020: 1000% increase

overall it was a 100x on investment via buying and hodling.

the only other time I tried to invest was me buying internet stocks a few weeks before the Dotcom bubble burst. after a few weeks I had managed to turn €10k in €1k thanks to my immaculate timing.

bitcoin only investment is putting all eggs in one basket. it was very risky and it felt terrible. I was over invested in bitcoin for 7 years in a row and I had to pay the toll for it.  it induced panic selling at the lows, it made my hair turn grey, it caused oh-so-many sleepless nights. the stress this strategy put on me was such a burden that more than once I thought about quitting bitcoin despite the gains. financially this strategy worked very well but I am not sure if I can recommend it.

if one thinks this might be the only chance of ever escaping the rat-race, this cannot be done without risk. it cannot be done incrementally. you pull the trigger or not.

will bitcoin do another 10x? I believe so. will it do another 50x? yes, I think it will. will it do another 100x, reaching $1mil per coin? yes, I think it is possible that bitcoin will reach the levels by the end of the decade.

a $10k investment in bitcoin today can become $1mil within 10 years.

to some extend fiat inflation will be the reason for those insane prices. but I refer to "asset-price-inflation", which is already taking place big time and this trend will only accelerate. but I am not talking about a $1mil price for bitcoin in a world where a loaf of bread costs $1000k.
 
asset price inflation will continue, but $1mil per coin is possible even in a world where the price of bread will have doubled or tripled in the next decade.

[bitebits]

Who missed the bull move to 13k ?

Who sold at the bottom??

I have not often sold my Bitcoin in the last 7 years...but when I do "I always' manage to have sold at the bottom.

(hey, it's a gift!) Do this enough, and like 'magic', you will find yourself a Bitcoin Hodl'er before you know it!

The 'dumbest' move was selling 13 BTC at $3,900.00 then watching it go to like $3,400 and feeling pretty proud of myself

then it goes back up to $13k like now ..then down again..and now back around $13k..so baring health issues....not gonna happen.

I did manage to get 5 BTC back by 'buying' back in much higher than the BTC was worth when I sold it.....so it goes.

Brad


edit: Those 8 BTC I'm still down look kinda 'daunting' to get back now, don't ya know.

Yep...

surely difficult to make up for those kinds of sales.

You did much better than mindrust, especially since you sold less than 15% of your stash and you were able to bring that back to less than 10% of your stash.. and think about mindrust selling 100% of his stash, and maybe he bought back 10%.. maybe?  And if so, at a pretty BIG loss, no?  And, the BIGGER loss for mindrust was failing to buy back and to suck up some of the losses.

[...]

Just a funny thought: That 1 out of 10 bitcoins Mindrust bought back might one day easily exceed the dollar value of those 10 bitcoins panic sold during the March 2020 ‘coronadip’.

[marcus_of_augustus]

... Hunter Biden OD?  

... anyone else hearing that?

No.

Where on earth did you get that idea from?

https://mericanow.com/2020/10/26/is-hunter-biden-dead-from-a-drug-overdose/

... here's one but it's like an alternate reality now with Google/Twitter/FB being under ChiCom control under Biden gets elected ... searches are blocked/filtered, posts disappear, etcc ... it's lies, lies, lies and like we've all suddenly started living beyond the fucking Great communist firewall

[Last of the V8s]

Maybe we could have a whip-round* for her.





*not that sort of whip-round you disgusting ogres, I'm on a be nice to weird wimmin kick, the sort where we all chip in some money. real hard money.

[600watt]

... Hunter Biden OD?  

... anyone else hearing that?

No.

Where on earth did you get that idea from?

https://mericanow.com/2020/10/26/is-hunter-biden-dead-from-a-drug-overdose/

... here's one but it's like an alternate reality now with Google/Twitter/FB being under ChiCom control under Biden gets elected ... searches are blocked/filtered, posts disappear, etcc ... it's lies, lies, lies and like we've all suddenly started living beyond the fucking Great communist firewall

so under Biden there will be only lies and deception but under Trump truth will prevail?

[marcus_of_augustus]

... Hunter Biden OD?  

... anyone else hearing that?

No.

Where on earth did you get that idea from?

https://mericanow.com/2020/10/26/is-hunter-biden-dead-from-a-drug-overdose/

... here's one but it's like an alternate reality now with Google/Twitter/FB being under ChiCom control under Biden gets elected ... searches are blocked/filtered, posts disappear, etcc ... it's lies, lies, lies and like we've all suddenly started living beyond the fucking Great communist firewall

so under Biden there will be only lies and deception but under Trump truth will prevail?

... who knows but it looks like several US intelligence agencies have gone rogue to stop themselves getting prosecuted for high crimes (e.g. treason) and Biden is their guy ... so anything goes now I guess, and the corrupt chinese commies are all too willing to step into such a shit-fight ... Sun Tzu wrote the book on this type of warfare.

[Cryptotourist]

This time around I think he may sell some at 18.

Surely that would paint the 2021 bottom.

[LFC_Bitcoin]

Maybe we could have a whip-round* for her.





*not that sort of whip-round you disgusting ogres, I'm on a be nice to weird wimmin kick, the sort where we all chip in some money. real hard money.

I forgot about JK Rowling shitting on bitcoin, fucking boomer!

https://twitter.com/videoreacts/status/1241014147061514241?s=21

[nutildah]

... Hunter Biden OD?  

... anyone else hearing that?

No.

Where on earth did you get that idea from?

https://mericanow.com/2020/10/26/is-hunter-biden-dead-from-a-drug-overdose/

... here's one but it's like an alternate reality now with Google/Twitter/FB being under ChiCom control under Biden gets elected ... searches are blocked/filtered, posts disappear, etcc ... it's lies, lies, lies and like we've all suddenly started living beyond the fucking Great communist firewall

Here's the problem. You need to stop getting your news from racist cartoon frogs.



There is, however, apparently a video of Hunter Biden jerkin' it circulating around the web, first hosted on a Chinese video site co-founded by... wait for it... Steve Bannon. And it gets worse.

Republicans are getting desperate AF. Not much more to say at the moment.

[fillippone]

Story of Fillippone's life:



I always have to hide how much percentage of my brain is constantly thinking about bitcoin (and this forum,I might add).

[Phil_S]

I too hate frogs   and racists.

[soullyG]

Number going up!

Observing ~400 coin wall @$13373 on Stamp

[philipma1957]

https://blockchair.com/bitcoin/block/654321

that is a fuckup for sure.

I would have loved to hit that block with my small solo mining rig.

[lightfoot]

... Hunter Biden OD?  

... anyone else hearing that?

Experiment to see how fast bullshit spreads and what firewalls are in place to prevent it.

It used to take days to get out the news that Mikey's stomach ruptured from pop rocks and soda. Or was it full of cum from a thousand gay soldiers, I forget.

[JimboToronto]

Good morning Bitcoinland.

Still going sideways, but at least it's over $13k... currently $13155USD/$17354CAD (Bitcoinaverage).

Okay Bitcoin. That's enough consolidation for now. It's time to start moving up.

Go Bitcoin go.

make your own...

4. sat-sucker
5. node-puller
6. Wall-breaker
7. merit whore

Well done!  

[philipma1957]

Good morning Bitcoinland.

Still going sideways, but at least it's over $13k... currently $13155USD/$17354CAD (Bitcoinaverage).

Okay Bitcoin. That's enough consolidation for now. It's time to start moving up.

Go Bitcoin go.

make your own...

4. sat-sucker
5. node-puller
6. Wall-breaker
7. merit whore

Well done!  

Would love to see it stay at 12,800 to 13,400 up to and past the Nov 3 USA election.

Then moonshot.

[cosmicbtc]

 

while i dont see 100k in 2021.

right now today if we matched 2017 we need to be at 78k.

this is base on mining profit.

so I think we could get to 78k by nov 2021.

for me i need 26-30k to be doing well with my mining farm.

IMHO, I see BTC being a bit over or around $20k at the end of 2021. (I can't believe I'm saying only, when I got into BTC Sept 18th, 2013 it was $150).

Anyway, my reasoning is as follows (1) blowback and FUD from the powerful/banker/and vested interests that will try to distract and such on BTC/Crypto...there

is always a 'backlash' in that area (2) Times are tough and they may get worse..thus some will 'reasonably' take some money out of the long term HODL

wallets for real-life issues, again, IMHO. Also, quite frankly if you are a 'huge' whale even taking 5% off your hoard at $20k would be tempting...not a big

deal if you just did so, but if everyone else thinks the same due to the sucky economic times I expect in 2021 it all adds up.

(3) Human nature for the long term HODL'ers to take some profits....and I think $20k for a long term Hodl'er with more BTC than myself will be 'convinced'

to sell some in the coming recession and bad economic times...especially as a hedge, and if he is older than say 55 years old, or so. Again, the economy gets sketchy

what else can you move 24/7 ..as a hedge against, what I expect is a 'sucky' year on the whole economically for the world, in 2021.

(now, am I gonna get beat up on WO for this post!) Anyway, if I am right on my prediction of dismalness...that is not so bad ..if the 100k in 2021 comes to pass

I'll take the fall on this post then)

Sketchy...what else can you sell/move but BTC/Crypto 24/7 on a whim of you against the world/universe if 2021 sucks as bad as I suspect.

Brad

That's it, Searing turned "bearish". It's all over now, get your ready bags packed, fits hitting the shan!
Get your tissues, whole lot of tears are coming.


https://i.postimg.cc/JHWQ0XMm/tenor.gif

Seems that you have NOT been tuning into the WO frequently enough, PoolMinor.  In essence, Searing has always been a glass half full kind of guy who has been more than willing to spout out pessimistic views while apparently mostly HODLing through the vast majority of it, while complaining the whole time.

There are worse kinds of bear/bulls or whatever might be the proper label for such a HODLer, as the constantly fearing Searing.   

It's true price will be around $20k - $22k because moment it reaches $20k , Hodlers will start selling in small amounts.

[jojo69]

[BobLawblaw]

Sheeeeit