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

[600watt]

https://bitcoinexchangeguide.com/bitcoins-moon-target-set-at-318000-in-december-2021-by-citibank-report/?amp=1

TLDR: Citibank now reads WO and is filling their bags.

Here you have the full report.

(...)

I don't know about the prediction, but I like the reasoning about bitcoin put down by the guy. It is almost the reason why I am long bitcoin.

I hope he's right but I don't see this happening. IMO $70k-$100k max....

I did not expect the times that banks are more bullish than WO posters on btc to come around that fast.... 

[1715633234]

1715633234

[Karartma1]

What are we going to do when bankers speak about bitcoin better than the WOers?
I saw even rockets and trains on banks' websites. The world is changing too fast for me.

[Indymoney]

What are we going to do when bankers speak about bitcoin better than the WOers?
I saw even rockets and trains on banks' websites. The world is changing too fast for me.

Because now they are feeling its reality and no one can stop this for figure touching which brings rockets and trains on this thread.

[DeathAngel]

What’s the highest price in 2020 up to now? We are at $16453, I think it is close no? Maybe we break $16500 today?

[cAPSLOCK]

For anyone interested in Roger Ver's "miner tax" hard fork fail today, it's currently not going well: https://cash.coin.dance/blocks/hashrate



1.36 EH/s (86%) vs 0.22 EH/s (14%). BCHA is currently trading at 0.05 (5%) of BCH and 39 blocks behind as only mined 3 blocks compared to BCHN's 42. Ouch.

I think this will be remember as "The fork that nobody cared about"

Wow... That thing shows it having NO hashrate at a point.  I have to admit this is so encouraging.



But what happens when all the miners go away? Lol.

[rolling]

I have a theory about the bitcoin 4 year cycle.

The 2013 bull run was fueled by libertarians, Cyprus, ASIC miners, Gox and the Willy bot.

The 2017 bull run was fueled by individual investor FOMO, forks, and alt coin insanity.

The 2021 bull run will be fueled by Wall Street investors, hedge funds, corporate treasuries, pension funds, etc.

The 2025 bull run will be fueled by governments, central banks, and sovereign wealth funds.

2030, the dollar as we know it will be re-baselined or replaced by the governments of the world with something else. The price of bitcoin after that can't be described in dollar terms we would understand today but it should have the buying power of $5million+ in today's money and a market cap of $100trillion+.

Takeaway: Never sell all your bitcoin no matter how high the price goes. We may not have an 80-90% crash this time or next time and you would be forever priced out of the market. Don't let the bankers have them all.

The day when owning a single bitcoin makes you a millionaire is under a decade away! HODL!

[soullyG]

New AYH! Not even going to bother putting the price here since it'll have changed as soon as I post this..

Yum yum

[dragonvslinux]

For anyone interested in Roger Ver's "miner tax" hard fork fail today, it's currently not going well: https://cash.coin.dance/blocks/hashrate



1.36 EH/s (86%) vs 0.22 EH/s (14%). BCHA is currently trading at 0.05 (5%) of BCH and 39 blocks behind as only mined 3 blocks compared to BCHN's 42. Ouch.

I think this will be remember as "The fork that nobody cared about"

Wow... That thing shows it having NO hashrate at a point.  I have to admit this is so encouraging.



But what happens when all the miners go away? Lol.

Oh lol, I didn't even notice registering 0 hash rate. Not surprising, the chain has only mined 7 blocks compared to BCHN's 129 

Either way, BCHN took the BCH ticker by the looks of it. BCHA is the failed experiment of a miner tax (that wasn't even backed by miners!). Good to see.

We should probably be talking about the new yearly high that Bitcoin just made though, seems more interesting 

[fillippone]

What’s the highest price in 2020 up to now? We are at $16453, I think it is close no? Maybe we break $16500 today?

Are you kidding?
This is AYH!

16,500 Broken on stamp. (where else?)


my body is ready

[Febo]

I hope he's right but I don't see this happening. IMO $70k-$100k max....

Yes price will go down fast and will then stay around $100k, but I simply dont see it go up to only $100000. That is very low for a hype we will see during next two years. This hype will bring such fear from missing out. People will get crazy, take loans to lost most of it in the dump.

What’s the highest price in 2020 up to now? We are at $16453, I think it is close no? Maybe we break $16500 today?

Are you kidding?
This is AYH!

16,500 Broken on stamp. (where else?)

Yes as we see here times for over 16k Bitcoin are so rare that are measured in hours and not in days.

So I checked how many hours we stayed above 16000?

Dec 2017: 257 hours
Jan 2018: 56 hours
Nov 2020: 60 hours

[ivomm]

IMO the only questioin now is whether we will have a new ATH this week, or the next.   The final countdown has begun: ATH-20%, -19%, -18%, ..., 0%!

[lightfoot]

Hopefully someone here bought BobLaw's cheap coins.

[proudhon]

IMO the only questioin now is whether we will have a new ATH this week, or the next.   The final countdown has begun: 20%, 19%, 18%, ...

Bitcoin will never make a new ATH again. We proved this years ago. What we're seeing now is just the erratic gyrations of a failing asset. Won't be much longer now before those playing this dangerous game are despondent as bitcoin resumes its multi-year downtrend. By the end of 2021 I don't think many people will care that much about bitcoin. What's even worse is that you've got people who sincerely believe bitcoin could see prices of $50k and even $100k, which we know for a certainty will never happen. Luckily there's still time for sensible people to exit this market and save themselves.

[FullNode]

https://i.imgur.com/AUdvxG9.gif

16,600 and going up

[UnDerDoG81]

IMO the only questioin now is whether we will have a new ATH this week, or the next.   The final countdown has begun: 20%, 19%, 18%, ...

Bitcoin will never make a new ATH again. We proved this years ago. What we're seeing now is just the erratic gyrations of a failing asset. Won't be much longer now before those playing this dangerous game are despondent as bitcoin resumes its multi-year downtrend. By the end of 2021 I don't think many people will care that much about bitcoin. What's even worse is that you've got people who sincerely believe bitcoin could see prices of $50k and even $100k, which we know for a certainty will never happen. Luckily there's still time for sensible people to exit this market and save themselves.

Just like you did at $600? 

[eXPHorizon]

IMO the only questioin now is whether we will have a new ATH this week, or the next.   The final countdown has begun: 20%, 19%, 18%, ...

Bitcoin will never make a new ATH again. We proved this years ago. What we're seeing now is just the erratic gyrations of a failing asset. Won't be much longer now before those playing this dangerous game are despondent as bitcoin resumes its multi-year downtrend. By the end of 2021 I don't think many people will care that much about bitcoin. What's even worse is that you've got people who sincerely believe bitcoin could see prices of $50k and even $100k, which we know for a certainty will never happen. Luckily there's still time for sensible people to exit this market and save themselves.

That is true. It is laughable tbh

[BobLawblaw]

https://twitter.com/bbands/status/1328370363177201679

[julian071]

IMO the only questioin now is whether we will have a new ATH this week, or the next.   The final countdown has begun: 20%, 19%, 18%, ...

Bitcoin will never make a new ATH again. We proved this years ago. What we're seeing now is just the erratic gyrations of a failing asset. Won't be much longer now before those playing this dangerous game are despondent as bitcoin resumes its multi-year downtrend. By the end of 2021 I don't think many people will care that much about bitcoin. What's even worse is that you've got people who sincerely believe bitcoin could see prices of $50k and even $100k, which we know for a certainty will never happen. Luckily there's still time for sensible people to exit this market and save themselves.

I thought the rally might end here but seeing proudhon post gives me confidence this will go on longer! Really good indicator!

[BobLawblaw]

Hopefully someone here bought BobLaw's cheap coins.

No regerts.

At all.

Next stop, $20k USD/BTC.

[Phil_S]

2030, the dollar as we know it will be re-baselined or replaced by the governments of the world with something else.

Dollar is definitely finished, it's only a matter of time.

The only problem is no suitable replacement on the horizon: not yuan, definitely not ruble, not even gold.

Well, except for bitcoin.

Enormous wealth that's locked up in dollars will not disappear. It will flow somewhere. But where? If not into bitcoin, where?