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

[Torque]

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"

Remember when we couldn't stay above 9k, over and over again?

[1714752226]

1714752226

[1714752226]

1714752226

[1714752226]

1714752226

[philipma1957]

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"

Yes as I show above it is decent for a miner but not as good as 13 k was in July of 2019

[philipma1957]

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"

Remember when we couldn't stay above 9k, over and over again?

yes and it was really borderline for me to:


 mine at 7500
 a grind at 9000
I will take these 15000-16500 numbers all day long

[Toxic2040]

short fib change ups

#dyor




#stronghands


----

Haven't been around here since 2 years. But before the ATH i need to log back on!

wb

+1 WOsMerit

[Phil_S]

We sure got there fast...

I expected modest gains, like maybe reaching 13k by the end of 2020.

[JayJuanGee]

This guy is so far behind that it's comical!

 https://www.coindesk.com/bridgewaters-dalio-sees-governments-banning-bitcoin-should-it-become-material

"Ray Dalio, the founder and co-chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they start to become “material.”"

I watched that about three minute clip with Dalio.

Hm?  For some reason, I had thought that Dalio was one of the BIGGER traditional financial guys who was slowly starting to warm up to bitcoin, but apparently he is NOT getting it... and seems that part of the NOT getting it has to do with his being unable or unwilling to distinguish bitcoin from shitcoins.   He acts as if he knows the difference by creating two categories of analysis that involves bitcoin and other crypto currencies and then another category is central bank related digital currencies.   This is a very incomplete and even neophyte kind of framework, and it is difficult to know if he really thinks those things or is he faking his level of dumbness.

He also does NOT seem to get the difference between bitcoin and gold, either.  He seems to believe that gold is superior to bitcoin, yet his analysis in that direction seems quite incomplete too in terms of largely relying on a kind of presumption that gold is better because it is already known blah blah blah...

Sure, it is possible that he could learn in the coming years, but he is coming off as quite stubborn at the moment.. kind of coming off as a kind of Jaimie Dimon from 2014/2015.. and now, in recent times, Jaimie Dimon is actually coming around to bitcoin, no?  So could just be a matter of time, before Dalio starts to see the light.  Perhaps?  Perhaps?

[Phil_S]

https://twitter.com/maxkeiser/status/1325764392294682625

[600watt]

remember when 16k was a big deal? now its just "meh"

Remember when we couldn't stay above 9k, over and over again?

i remember when $100 was a big deal  

it was easter of 2013. strolling down a beach at the Baltic Sea. snow on the beaches. checking the price as it went over $100.
bitcoiners know where they were...

Dec 2nd 2013 (at home, felt like a god of financial decisions)
Jan 15th 2015 (at home, felt like shit)
Jan 5th 2017 (picking up kids from gym)
Dec 15th 2017 (at home, god again)



there were numerous additional boom or busts, of which I know exactly where I have been. it actually helps me to remember things of the past in the right order.



edited

[ErisDiscordia]

ladies and gentlemen. we are back in the top 20 of highest daily prices.


https://bitcointalk.org/index.php?topic=138109.msg55558514#msg55558514

That's usually a proven sign of a multi-year downtrend top, so I expect another 2-3 years trend toward $250 or so. Excellent shorting opportunity if you know enough science and math.

BRB selling all my coins

Tell me please, how were the other higher tops reached then??

The fnords did it - but they are gone now. Without them, Bitcoin is lost and so are you if you don't sell soon. Listen to the anarchist llama.

Haven't been around here since 2 years. But before the ATH i need to log back on!

Welcome back. Just got here myself after months (years?) of being too bored by the price. Grab a snack (I hear golden delicious apples are all the rage lately) and enjoy the show.

I can't remember in exactly what thread, but R0ach was outed long ago as a bitcoin/shitcoin day trader on Bitfinex.

Oh the things one misses out on when in hibernation! Roach was a marvelous agent of chaos while suffering from a massive aneristic conspiracy-illusion himself. Sad to see him go. Good riddance!

Hail Eris!

Always remember, my children (except on Fridays) - It's all bullshit but that it was makes the flowers grow. Would you want a world without flowers?

[Torque]

https://twitter.com/maxkeiser/status/1325764392294682625

See, I have a different take on all of this: that these kinds of financial personalities have always known the true value of Bitcoin for many years now.

It's all about their message to the public, based on what their wealthy elite "handlers" tell them spout.

It served the wealthy elite well to tell the public that Bitcoin was a financial scam and to stay away from it for the first 10 years. Why? Because that was when Average Joe could actually get Bitcoin "rich" with a very very modest investment. They are incentivized to keep the majority of Average Joes out there working until they die. (It's the same reason that tech startups don't trade on public markets at $0.10/share or even $0.01/share way before IPO)

But now? Not so much. Bitcoin's trajectory to higher multiples will likely be a much slower pace now. Average Joe would have to invest so much more now to become "rich", and likely that amount is out of reach for most of the masses.

So therefore now all these financial personalities are "turning the corner" and now saying that Bitcoin is not a scam, and a possible investment.  

[JayJuanGee]

https://twitter.com/maxkeiser/status/1325764392294682625

Yeah...

That is a step in the right direction for Roubini to at least recognize that there is a kind of immutable bitcoin algorithm that distinguishes it from various shitcoins... so little by little, Roubini might start to come around.. perhaps?  Perhaps?

I am not going to hold my breath.. and ultimately coming around is on him, and he might start to look like less of a fool.. Perhaps?  Perhaps?

Edit (seen Torque's response after my above post):  I don't buy Torque's conspiracy angle.. even though I can appreciate what he is saying regarding the difficulties of regular joes to get ahead when they are surrounded by "experts" but at the same time, regular joes are going to stay regular joes if they cannot figure out ways to engage in critical thinking - which is actually a thing that can be learned - either by going to college and develop those skills or through auto-didaction.. .a problem with auto-didaction is that there are so many ways that regular joes can get drug down pathways that are truly NOT helpful, and by the time they figure it out, they may well NOT have too many years left in their bodies in order to actually benefit from their having had gone through a process of self-teachings.

[infofront]

That's usually a proven sign of a multi-year downtrend top, so I expect another 2-3 years trend toward $250 or so. Excellent shorting opportunity if you know enough science and math.

BRB selling all my coins

Fnord.

BRB shorting Bitcoin at high leverage

Go, proudhon, go!

In case anyone may wonder at my fondness for art involving Venus (Aphrodite) with an apple, I am what men sheep call “evil”.  A wordy-man post with philosophic PROOF of my evilness is forthcoming in the discussion thread for the poll where you can VOTE, VOTE, VOTE for me as the forum’s “Antihero”.

Hey, goddesses, Eris was only trolling you!


Subject:  [WO] Bears, bulls, mellivores, and Venus contemplating a shiny fruit

Always timely.

An inadvertent riddle, which needed some explaining:

European culture in 1808:  Pauline Borghese (née Bonaparte; Napoleon’s sister) poses as Venus with an apple.


Fun fact:  Pauline had an affair with Paganini.

* nullius carries on simultaneous affairs a ménage à trois with Eris and Aphrodite—whilst courting the virgin Athena Pallas.

Athena Pallas: Virgin goddess of War and Wisdom
Nietzsche:  She and her sister Truth have rejected the advances of the philosophers philosophasters.

Photo: Jürgen Howaldt

I did not mention how hard I searched for a semi-nude of this virgin.

Whoopsie!  Troy got rekt!  Time for the goddess of sex to send forth her Trojan son to become the forefather of Rome.  Nobody accords to Eris the proper credit for starting this chain-reaction of creative destruction.  Poor Eris. :-(

Upon his arrival in Latium, Aeneas, blessed for victory by his goddess-of-sex mother, won himself a wife the old-fashioned way:  Killing his rival.  He then became the Latin king.

Protip:  When a nice guy wants a princess, he buys her diamonds—
#ToxicMasculinity ♂ #MakeLoveNotWar ♂ #CodeOfConduct

Hail Eris!

I'll just leave this here:

[cAPSLOCK]

My body is ready... Come on... Just a little bit more...

Bob, are you coins somewhere there?

Is that Gemini's depth chart?  That's the first question.

[cAPSLOCK]

Just gonna drop this here... hourly...

[JayJuanGee]

Just gonna drop this here... hourly...

What's it mean, cAPSLOCK?

Dínoslo.

[vapourminer]

Just gonna drop this here... hourly...

What's it mean, cAPSLOCK?

Dínoslo.

pretty sure it means gentleman is on its way

[explorer]

We sure got there fast...

I expected modest gains, like maybe reaching 13k by the end of 2020.

Honey Badger don't do modest.

[cAPSLOCK]

Just gonna drop this here... hourly...

What's it mean, cAPSLOCK?

Dínoslo.

pretty sure it means gentleman is on its way

Pretty much we broke that top line on volume... Looks good.  I'd say 70% chance we make another run soon and breech 16k, 30% chance it's gotta pullback first and was a headfake.  Either way it points to where we are eventually headed.

[LFC_Bitcoin]

PlanB update

🔴

[Toxic2040]

Just gonna drop this here... hourly...

What's it mean, cAPSLOCK?

Dínoslo.

pretty sure it means gentleman is on its way

Pretty much we broke that top line on volume... Looks good.  I'd say 70% chance we make another run soon and breech 16k, 30% chance it's gotta pullback first and was a headfake.  Either way it points to where we are eventually headed.

gentlemen...gentlemen..hold on here..you have to step back and look and the bigger picture here

we are still full on cookie monster rides on a elephants back stage on the three day chart

its maths and sciences




now i dont know about the rest of you..but my bitcoin has been starting to feel like its worth quite a bit more now than it did in 2017 and 2018

most seem to think its worth more than $10,000 as we are currently trading just under $16k

i do think this trying and turbulent year has given emphasis for the need of a primary digital exchange of value    fiat is just too dirty

further more

the continued reckless bailouts by nation states with countless trillions printed will cause is causing inflation   whether or not it escalates into hyper inflation will have to be seen

the reasons to be your own bank and hodl bitcoin are many   these are just a few that are important to me

is bitcoin worth $100,000 or more?

i dont know

i do think it has been trading in the right direction however and at this point a new all time high doesnt seem that far away at all

do you own research and have strong hands