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

[cAPSLOCK]

You've picked some good times to sell in the past.  This worries me slightly.  That said, I am not letting go of shit.  Might if I was more loaded though.

Just because I have my finger on the metaphorical trigger, doesn't mean I don't have incredible trigger-discipline.

I couldn't decide what to do earlier, so I decided my best course of action was to take a nap. Rick lamented "What if it hits $15.5k USD/BTC ?" to which I responded, "I'm sure you'll wake me up to let me know..."

Anyway, was thinking about putting in a sell order @ $15.5k USD/BTC, but more inclined to let it ride this momentum.

Don't want to sound crass, but I'm loaded enough on BTC that I feel pretty good about letting go of a batch around here. Will make life less stressful for both Rick and myself, ultimately, and that's an important motivation for me, at this stage in our lives.

Totally respect and get that.  It's part of the reason we are all here.  Pretending it's not with Neo memes etc is silly.  I suppose there may be some folks you actually never sell until they are using it to live directly...  but that way is more for people who come in AFTER us.

Of course the masses still think they "missed bitcoin" thus are missing it again... but those entering now buying their "ONE WHOLE COIN" or even their 6.15 (whateverthehell that means) will be the ones who really have to be NEO in that meme.  The rest of us will be helping distribute the early corn fairly helping them to make their dreams come true.   Part of what makes the distribution fair is we lock in our speculative gains "too early" and live comfortable lives with the remainder in play. 

My comfortable divest zone just lags yours a little.

[1714944185]

1714944185

[1714944185]

1714944185

[1714944185]

1714944185

[1714944185]

1714944185

[1714944185]

1714944185

[Paashaas]

Read this thread: ''the most organic pump i've seen in years''

https://twitter.com/woonomic/status/1324790871686963200

[Biodom]

Does he not realize that counting ballots actually takes time?

... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote?

... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange?

The inner cities are completely corrupt Democrat cesspools. On election night, they pause the counting, wait for the results to come in from the rest of the state, figure out how many votes they're down by, manufacture whatever votes they need, then resume counting. It's the oldest [US] political trick in the book.

This approach was famously pioneered by Chicago Mayor Richard J. Daley. He essentially controlled every Illinois State election while he was in office in the 50s-70s.

My theory is that Trump pissed off all the Libs and some of the independents so they all got together in this big gang and voted against him at the next election.

And the reason it is faster to count rural areas in Nevada and Arizona is because the rural areas are made of sand and the urban areas actually have people in them.  

It's amazing how cities with millions of people like New York, Chicago, Houston, L.A., etc. have no problem getting their ballots counted on election day. However, second tier cities like Detroit and Philadelphia, in battleground states with democrat governors, have ballot counting that goes on for days and is fraught with problems.

I can't speak of any city, but Houston, where you could have voted with almost NO lines from Oct 13-Oct 30, including controversial drive-ins. In this situation, almost nobody sent a mail-in ballot, to my knowledge.

[JayJuanGee]

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Who knows exactly the balance of whether taking such extreme stances cost Republican votes or inspire democrat votes.. and in the end, the same results in which the democrat votes outnumber the republican votes in the key battle states that cause the tipping of the electoral college towards the democrats and against the republicans.  

In other words, overall, Trump did seem to receive a large number of votes.  Lots of muricans don't seem to mind sabotaging of the postal service and some other strange actions, including publicly proclaiming that votes should not be counted and other unappealing kinds of ideas..

He also said a lot of stupid stuff in regards to the virus not existing and failing to take responsibility for the inadequacy of his herd immunity strategy, but lots of muricans did not seem to mind that either.. I mean, he still got a lot of votes despite such seemingly retarded ideas.

[Biodom]

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Didn't he vote by mail himself?

[philipma1957]

Does he not realize that counting ballots actually takes time?

... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote?

... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange?

The inner cities are completely corrupt Democrat cesspools. On election night, they pause the counting, wait for the results to come in from the rest of the state, figure out how many votes they're down by, manufacture whatever votes they need, then resume counting. It's the oldest [US] political trick in the book.

This approach was famously pioneered by Chicago Mayor Richard J. Daley. He essentially controlled every Illinois State election while he was in office in the 50s-70s.

My theory is that Trump pissed off all the Libs and some of the independents so they all got together in this big gang and voted against him at the next election.

And the reason it is faster to count rural areas in Nevada and Arizona is because the rural areas are made of sand and the urban areas actually have people in them.  

It's amazing how cities with millions of people like New York, Chicago, Houston, L.A., etc. have no problem getting their ballots counted on election day. However, second tier cities like Detroit and Philadelphia, in battleground states with democrat governors, have ballot counting that goes on for days and is fraught with problems.

You should retract this statement as it is one of complete ignorance.

Or worse yet you know why it happened and are lying.

This happened with all five last to tally states.

North Carolina
Pennsylvania
Nevada
Georgia
Arizonia

They counted the mail in votes last as prescribed by state laws which were created by republican controlled legislators.

if you can prove this bolded line wrong with documentation > I will retract my post.

[Searing]

Need to remind myself, I do not need a Lambo.

Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky'  you are to the oppisite sex and any

friends or relations there of. I mean, why could that be?

As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet

her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to

regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never

to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things.

Brad

WTF do you need a 19 year old for?
I am 63 I will be 64 in 2-3 months.

You could give me every coin back I ever handled in my profile wallet.

I think it is about 400 btc which is now over six million.

I would not be looking for a 19 year old.

You have to live.  I mean you have expenses.  You cannot measure the mere fact that BTC has passed through your wallet as if you had any kind of reasonable and/or prudent ability to hold onto such BTC and to have been able to have lived a reasonable and respectful life.

Let's say that I could have been a multi-millionaire by the time that I was in my early 30s because I had millions of dollars pass through me.. but I happened to have spent the vast majority of such monies, just to live and some of the money passing through me had been to pay expenses in order to have been able to have earned such gross income.

What would have I done?  Lived with other peeps and had them pay for all my expenses.. How long could that work?  Not very long for normies who are not born with any kind of silver spoon in their mouths.  

Anyhow, my point about BTC passing through your wallet does not mean shit, and it even means less than shit if you have a business that involves earning in BTC.. Now if you have a business that earns dollars and you purchase BTC with those dollars, then it might be a bit more meaningful to expect that a higher percentage of the BTC that pass through your wallet would be within your reasonable and prudent ability to retain for the longer term.

Hey oh, WO!  
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Do you promise no speaking?    

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

I have heard of "orange" friend and I feel as if I know "orange" friend decently well, but as far as I know, I never have known a "yellow" friend, so far.

What is such mysterious, "yellow friend"?

Would it be to my advantage to be introduced or to become acquainted?

Hey oh, WO!  
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

It's like as if PayPal, square, robinhood, gemini, gbtc, bakkt, China, Russia, Europe, coinbase are all competing  for some kind of limited supply of an asset that's already 12% into the next halfening, after which the whole world will compete for BTC450 mined daily. Huh who could've predicted such price swings

Yep... exactamente!!!!  Go figure.

 

On a more 'serious' note then my view of dubious 'gold diggers' and BTC/Crypto in this thread.

I made a thread, along this theme of when to retire due to Real Life Issues and to do advise a much better job than I did on such. Or just aproach real life issues

in general and the sale of BTC/Crypto in a better manner than I did on my retirement!

In my case, due to circumstances in the abov thread it was the 'right' thing to do, but I did not put in enough though into the possiblity and my real

life goals of a 19K previous ATH (when I retired 2 years out of 3.5 years with BTC/Crypto) the possiblity that it could even concievably drop below 10k again.

Indeed, I sold for real-life issue 13 BTC and recovered 5 BTC..so 8 BTC down at $3,900 usd.

So anyway, the thread is 'don't be me' (unlike now, me that is, not relying on BTC/Crypto for real-life issues...) So 'now' it don't matter much being stupid

with real life issues and the selling and hodl'ing of BTC...back then..well...I coulda/shoulda handled it better..so a cautionary taie in the below thread.

https://bitcointalk.org/index.php?topic=5287244.msg55535263

Anyway, my 'stumbling' about may be helpful to someone, before they to are 'completely' taken in by BTC/Crypto Kool-Aid on this BTC ATH.

Just something to be aware of, which at the time...I should/coulda done a bit better...even though in the end it has all worked out fine.

Brad

[Last of the V8s]

[STT]

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Didn't he vote by mail himself?

No its a big news event and cameras to vote in person so thats what he did and with no delays or queuing like the common folk.    

strategy to avoid voting by mail

I dont care who was for it or not but voting by mail even in a normal year is going to increase votes and voting percentage from your supporters.   Its far more convenient and efficient to vote that way, not everyone has the time or energy left to spend hours to wait to vote, people have family, jobs and commitments and literally are too poor/busy to waste time in this way.     Either side it does not matter, if they discouraged voting by post they were losing votes to their candidate to do that so yea definitely a mistake in any country I believe.     Pretty sure Trump was let down by his campaign staff going with that idea, perhaps the cart was leading the horses at that point.

new ATH before 1st January 2022

Even I wouldnt have bet against that one without some nice odds, unless it was matched also with the opinion there'd be a new yearly low between then and now.

[Toxic2040]

#dyor

dragon shows fangs
1h


4h

#stronghands

[explorer]

For some strange reason, Bossian has not been very active in recent times.

He owes me 0.05BTC if (when really) we reach a new ATH before 1st January 2022.
He probably won’t return!

https://bitcointalk.org/index.php?topic=5205829.msg53223585#msg53223585

That's not a bet.  ATH before 01 01 2021 could be a challenging question, but 2022.  Phhhh.

[Toxic2040]

short butterfly fibs

 

[JayJuanGee]

site waar je foto's op kan zetten

Thats mindrust after checking BTC rate today

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 taken 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 set for 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

I will quibble with your assertion of your own entering a mindrust moment - even though I can appreciate what you are suggesting about being in a similar "overleveraged" position and playing it in a non-cracking way, as opposed to mindrust's now emblematic cracking way.

In other words, well played sir! 

Sounds like you were in a bit of a tense situation, and that you had gambled a bit much in a way that ended up paying off decently well - use of leverage, which is usually NOT recommended (but if so, to attempt to accomplish, sparingly), and better to lock those gains (in order to pay off the debt that you incurred instead of gambling on UP that might end up petering out.. NOT saying that such UPpity is going to peter out, but many of us recognize that it is NOT good to risk your luck too much and don't let the perfect be the enemy of the good.

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

Welcome back, Hairy dee party poop wannabe.   

Sure, even though we are not scheduled to hit $20k for this here calendar year, surely any of us can appreciate that such ATH vicinity numero is surely within fair strikening distancia, given some of the macro dynamics of the current times....

In udder wooords, should not be a total slave to the 4-year fractal, smacktal!!!!      #nohomo.

[xhomerx10]

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

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

 So you're coming to Canada El duderino_?  We are having the most unseasonably warm weather in... well ever 

[Indymoney]

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

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

 So you're coming to Canada El duderino_?  We are having the most unseasonably warm weather in... well ever  

@xhomerx10 its very long time you promise when I will full member you will design a cap for me I was member now I am full member and can wear cap so when its coming ?  

[Toxic2040]

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

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

-snipped gratuitous platitudes designed to derail important off topic considerations-

i dont usually like to drag these sort of disputes out into public

but this aggression will not stand, man




the petition for a upgraded d_eddie hat begins here...now

please place your chop below if you agree this number must go up!

that is all

[Last of the V8s]

https://twitter.com/ColeGarnerBTC/status/1324827240786546708?s=20

#Bitcoin liquidity is vanishing off of exchanges.

Transfer volume to private wallets hasn't been this high since early 2017.

Welcome to the sell side liquidity crisis. 🔥

[xhomerx10]

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

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

-snipped gratuitous platitudes designed to derail important off topic considerations-

i dont usually like to drag these sort of disputes out into public

but this aggression will not stand, man




the petition for a upgraded d_eddie hat begins here...now

please place your chop below if you agree this number must go up!

that is all

 Sorry! I feel as though I'm single-handedly preventing Bitcoin from properly expressing its value.  I'll see what I can do

[Arriemoller]

You're just full of joy and happiness aren't you.

[nikauforest]

https://www.armstrongeconomics.com/international-news/politics/the-is-really-the-most-corrupt-election-in-american-history-democracy-ends-where-it-began/

Video of a woman in Philadelphia filling in empty ballots.

This is very sad for everyone who loves democracy.