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

[lightfoot]

And back to 16,300 territory. Nice to see there is a bit of support at these levels, so when it gets to 18k will people be posting double vegattas?

[philipma1957]

Today we are poised to set a new record for btc. edit record set!

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562
2020-11-12  15,939  
2020-11-13  16,279
2020-11-14  15,982
2020-11-15  15,972
2020-11-16  16,409                    if we come in over 13,000 this will be the longest streak above 13,000 from day 1 of a month.



here is the old streak which we have already tied as of yesterday.

2018-01-16  11,800.  the 16th of jan ended it


2018-01-15  13,875
2018-01-14  13,544
2018-01-13  14,233
2018-01-12  13,652
2018-01-11  13,593
2018-01-10  14,135
2018-01-09  14,703
2018-01-08  15,103
2018-01-07  16,397
2018-01-06  16,670
2018-01-05  15,982
2018-01-04  14,806
2018-01-03  14,960
2018-01-02  14,057
2018-01-01  13,373

we are working on two other streaks


note pulled info from here


https://bitcointalk.org/index.php?topic=138109 and reworked by me to show this record breaking event (we hope for a close above 16,000 as a crash could fuck It up)

[LFC_Bitcoin]

@Schuldensuehner
#Bitcoin  has decoupled from Gold. While the yellow metal has dropped after Moderna vaccine news, digital Gold (Bitcoin) continues to move higher.
https://twitter.com/schuldensuehner/status/1328336746904481792?s=21

[Torque]

Alternatively, even if the various bcashes were to attempt to join forces, which probably such joining of shitcoin forces would be a smarter move if any of them could coordinate well enough to figure out such a force joining strategy.. and then it could be called a unforkening.....

[V8s Road Warrior]

https://twitter.com/kerooke/status/1328341089032548352

On Friday, Skybridge Capital filed an amendment with the SEC, allowing their $3.6 billion fund to start investing in Bitcoin.

Keep an eye on @Scaramucci 👀

scaramucci has long been a goldfag, so all good now

edit: prolly some Trump money in that fund, no?

[rdbase]

And back to 16,300 territory. Nice to see there is a bit of support at these levels, so when it gets to 18k will people be posting double vegattas?

That was a quick turn around.
Bitcoin is back on track to contest $16,700 again just were it left off on Friday night. But then the million maga march interrupted that rally.
Although they didn't have a million there.. more like 50k
Michael Moore on The Battle Between So-Called Moderates & Progressives | MSNBC Weekends w/ Alex Witt
https://www.youtube.com/watch?v=TT2rF-RPH1I

Here is who went to that but without any of their masks on : https://www.youtube.com/watch?v=lXhI75JoQsY


Da media says whaaa? https://www.youtube.com/watch?v=12O_5m6LR_g

Rudy updates everybody this morning on how Trump is doing after saying biden won but ends up hanging up before the interview ends.
https://www.youtube.com/watch?v=Y2w1hmPMTns

Tone Vays says he doesn't give a sh*t and will start traveling NOW and getting out of his bunker (changes background to a penthouse cause of the bitcoin rally perhaps?)
https://www.youtube.com/watch?v=gQEyJ99z09A

Just like those honey badgers, BTC don't give a f**k!

[notocactus]

Hi WO_gang again,

The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.

It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come.

But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit.

It is not my financial advice.

4 years: 2017 to 2020

In 2017 and 2020

[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.... 

[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.