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

[JSRAW]

WB Hairy...

Homer we don't have $20k hat?

[1714959354]

1714959354

[1714959354]

1714959354

[marcus_of_augustus]

It appears the mind-steering apparatus moves faster then you thought.
https://streamable.com/mdetbw

.... now that would really be some 3D chess level thinking ... also a kind of very American way to end the whole saga with lots of bad guys getting rounded up and carted off in paddy wagons ... security ink stamped voting ballots hashed into the blockchain could do what he is talking about

This clip of AG Barr talking about voting fraud back in Sept. and mail-in ballot vulnerabilites sounds to me like he is warning people, "you are playing with fire" (do you feel lucky punk, make my day) .... maybe they really have laid out the largest piece of cheese (election power grab) to catch the biggest swamp rats in the act?!?
people are playing with fire

[Wekkel]

The fun part: if the Trump camp is indeed able to uncover a load of mail voting fraud 

[vroom]

Bitcoin price is up 50% from the time we began the purchase of the Crypto Cruise Ship.

As of 4:20PM GMT today, the MS Satoshi is now owned by Ocean Builders.

The auction for the cabins is now open:
https://oceanbuilders.com/auction-page/

You can have a cabin on the Satoshi for less than 2 BTC.


The official stamps for the ship have been made:

You are a respected person with good reputation, please don't take my comment personally. But this cruise ship story sounds so unbelievable, it makes my scam detector go wild.

anyway, great stuff. good luck!

[El duderino_]

But i need at least a few dollars of fiat to buy cornflakes. I get the kids to eat them with a fork to recycle the milk which helps me stack more.

https://twitter.com/btconometrics/status/1324561869936316417?s=21

Brilliant

[Lucius]

We aren’t due to hit $20k in 2020.  If we do, we are ahead of schedule.  Next year more likely.

Personally, I expected a max of $15 000 by the end of this year which would be a 100% increase from the price that was at the time of halving (2016 having - end year was also 100% increase), but now I see that this may be wrong given that this bull run is not caused only by small investors, but by big players who buy tens of thousands of BTC at once, and now we have a situation where the market swallows more than miners mine.

Some say that $15k was the last serious point of resistance and that the road to $20k is open - I just wonder if the pandemic can surprise us again, what are the chances for a new collapse of the oil and stock markets?

[Paashaas]

This is huge.

Square is selling double the Bitcoin that is made.

...and now Paypal is doing the same.

Paypal is almost 3X Square. We already know Grayscale is consuming a similar magnitude.

This is a Bitcoin supply crisis. 

Base case: expect huge price moves from Bitcoin.

https://twitter.com/caprioleio/status/1324665302584623104

[LFC_Bitcoin]

HairyMaclairy returns!

Bullish....

WB, my friend.

[Phil_S]

You are a respected person with good reputation, please don't take my comment personally. But this cruise ship story sounds so unbelievable, it makes my scam detector go wild.

anyway, great stuff. good luck!

The story is perfectly fine.

First of all, the ship about 30 years old: https://en.wikipedia.org/wiki/Satoshi_(ship)

Following delivery, Regal Princess sailed to New York City where she was officially named by the former UK Prime Minister Margaret Thatcher on 8 August 1991.

Second, cruiseship industry is in deep trouble, they are selling ships at scrap metal prices.

The only big question is: can they make a profit with it.

[ivomm]

[Paashaas]

Bitcoin now ranked 9 passing Russian Ruble for the first time. Should be #6 next year and top 5 in 2025. Number 1 in 2029.

[El duderino_]

On the airport.... Time to let of some steam in a better temperature as in Belgium

Meanwhile BTC, stay on track, love it....

[El duderino_]

https://twitter.com/CryptCoinPoodle/status/1324716984601333761?s=20

[philipma1957]

Denmark to cull entire mink herd amid mutation fears for coronavirus vaccine.

Denmark will cull its entire herd of up to 17 million mink after a mutation of the coronavirus found in the animals spread to humans, posing risk to any possible future vaccine, the prime minister said on Wednesday.

Outbreaks at mink farms have persisted in the Nordic country, the world's largest producer of mink skins, despite repeated efforts to cull infected herds since June.

Health authorities found virus strains in humans and in mink which showed decreased sensitivity against antibodies, potentially lowering the efficacy of future vaccines, Prime Minister Mette Frederiksen said at a press conference.

"The mutated virus in mink may pose a risk to the effectiveness of a future vaccine,"

If we fail containing this mutated virus than all the vaccine's created today will all be fruitless and the whole circus starts all over again. I'm not a doomsday guy i'm a realist, this is what it is, starting to get deeply worried that our lifes might not be normal for time to come.

Global cases rises to over 600,000 with deaths at record level.

Shitholes like the U.S breaking records after records.

Pretty cool you get to say that and fairly correct.

[El duderino_]

Best TA ever .... Straight out of my personal, small little handbook

Cheers

[Phil_S]

Nursing home entrance right after than FINISH line, tho.

[Last of the V8s]

[Toxic2040]

This is one of those pinch me if I'm awake moments. After so much suffering throughout the last 3 years, the price hit $16K during the night. Currently it is stabilizing around $15.6K, which is better than going straight to $17K. On a more personal layer, I've contemplated for a year about a similar scenario. Don't judge me, but I've sold 1.6% of my stash for the first time after the 2017 crash.

The reasons are multiple. First, I'd drained both my credit cards to buy in $3K area in 2018. Second, I'd took a loan to buy in March increasing my stash by 5%. I was too confident that $7K was a good price and the covid pandemic wouldn't affect the price. Hours later the price fell below $4K. So I basically was in mindrust's situation. But I decided to wait to see what will happen in 1 year. Now I have >3x profit from my loans.

I look upon this more like a variation of a long position with borrowed funds from the bank, but a hodler style. I'm not a trader, and never will be. In the mean time several devices went almost out of order and wait in line for a replacement - my phone, tablet, washing machine and tv. There are always expenses for the car as well. So my decision is completely justified and I am feeling good about it. This is a small reward for all the nerves and stress for both me and my father. Now he is shocked in a good way that all my predictions for the price shooting upward were correct. And he is congratulating me for the nerves and cold blooded hodling.

And finally, currently the fiat equivalent is more than enough for the main goal which I put to myself in 2017. In terms of fiat the difference is more than 5x. What will happen in 2021 is another story. I expect some remarkable highs which will tempt me to cash out and quit my job. Hopefully, I will keep most of my stash and sell only what I really need. I really love my job, but sometimes it is ridiculous to dress up, drive to work, check the price and see that during the drive I've earned the equivalent of my salary for many years of work. Not a great stimulus for work, but I don't complain

+1 WOsMerit

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We aren’t due to hit $20k in 2020.  If we do, we are ahead of schedule.  Next year more likely.

+1 WOsMerit


Well hello there Mr McClairy.    Nice to see you stop by..I do hope all is well for you and yours m8. 

Steady as she goes.


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+1 WOsMerit

lol'd



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some morning charts


#dyor


1h


4h

#stronghands

[Torque]

This is huge.

Square is selling double the Bitcoin that is made.

...and now Paypal is doing the same.

Paypal is almost 3X Square. We already know Grayscale is consuming a similar magnitude.

This is a Bitcoin supply crisis. 

Base case: expect huge price moves from Bitcoin.

https://twitter.com/caprioleio/status/1324665302584623104

Good observation. Also fractional reserve being called out on the market by big money will create huge price jumps.

[philipma1957]

Don't judge me, but I've sold 1.6% of my stash for the first time after the 2017 crash.

Nothing's wrong with that.

agreed.

next step for him is to sell:

 1.5% at 21k+
 1.4% at 28k+