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

[cygan]

i can see that we will see the ath soon and arrive at least 25k USD by the end of the year
or does someone find my glass ball too shabby?

[1714761450]

1714761450

[BobLawblaw]

[aesma]

BobLawblaw : is that a meme ?

I also wanted to say that this signature campaign stuff is feeling like real work. But it's also paying OK, adding to my bag. One day I might say I was paid X000$ a week to do this... Not even talking about chipmixer's campaign, some participants must have been paid several coins by now.

[AlcoHoDL]

https://youtu.be/6jJkdRaa04g

[cAPSLOCK]

LOL, elite bankers will be on here soon with newb accounts calling anyone a Beartard who thinks the moon is less than 200k. 

I think any hats Homer makes them should be pointy.

[FullNode]

Support for Bitcoin’s Taproot Upgrade Surges to 45%
Bitcoin miners are signaling that they support the Taproot upgrade, which aims to boost privacy and efficiency.
Nov 19, 2020
Bitcoin mining pool F2Pool supports the Taproot upgrade proposal.
As a result, the upgrade is now supported by 45% of the blockchain's hash power.
Once activated, Taproot should improve the privacy and efficiency of Bitcoin transactions.

https://decrypt.co/48844/support-for-bitcoins-taproot-upgrade-surges-to-45

[Torque]

How can it be considered wiser to rent from an individual owner as opposed to 'renting' from the bank - you'd be obliged to either one and both could theoretically kick you out for non-payment.

How about, um, owning your own home?  As in:  Free and clear.

What a nice society you have:  The “American dream” of home ownership is truly dead, out of reach and unthinkable to the overwhelming majority of Americans.  It has been replaced by an illusion based on a false dichotomy between renting from the bank via an intermediary “landlord” who rents from a bank, and renting directly from the bank.

The banks own everything!  You are so immersed in debt culture based on debt-“backed” money and total submission to the banks, you cannot even see what is wrong with your proposition.

Bitcoin, and home ownership:  Be your own bank.  Be the king of your castle.

In 2018 I had no choice, I was in a situation where I needed to acquire a house asap. My plan was to get a mortgage, sell only enough btc for a down payment, and let the rest ride. Then I would hodl my btc until it appreciated years later and eventually would pay off the loan early.

The problem I ran into was that a) in 2018 bitcoin value was falling rapidly, and b) the bank would not certify me for a "jumbo loan" which would have been required to buy the house + the land **. So reluctantly I had to sell enough btc to buy the property outright. Which ended up being a smart move overall, but cost me a big chunk of my total bitcoin. The price of bitcoin is obviously now higher than when I had to sell, so that really sucks.

I will say though, owning your house outright does feel good, especially when it is your "forever home" that you plan to live in until you die. The only costs are the property taxes (extremely low where I live) and the monthly bills.

Edit: ** Oh, you guys may also find this interesting. When I broached the bank to use my bitcoin as collateral for the loan, they still didn't know what it was. I had to explain it to them, and still I couldn't use it as collateral. Lol. I'm sure that will be changing very soon.  

[eXPHorizon]

Have i been talking to walls the past 3 years? Or just Baby boomers? Im out of this bs, anyone sent me  PM when they will wanna give me my Coins back or finance some real skill. Peace

T _ _    C _ N T O N _ A N _

Would I love to see BTC go to $100, just to see how PayPal would shit their pants with their IOUs.
(also, I'd probably buy some more)

Not cool.

Look , Deal with it.. no matter how many fish in the sea it just feels so empty without me . I think you are aware that i could make this Puppy hype like never before. Probably the only one.
P.S : When will your Country pay the Debt it owes to us? :p

Jayoboy i did more than your brain can comprehend. I am aware what you want

I am simply asking , Nicely,  for the Belongings to be returned to their rightful owner.  

[JimboToronto]

Good morning Bitcoinland.

The battle for $18k continues... currently $17988USD/$23555CAD (Bitcoinaverage).

Coiling. Go Bitcoin go.

Well my wife and I own our home "free and clear".
But we have to pay property taxes on the mofo. 
So a mortgage free home is nice but not as free and clear as one may think.

Also the government can expropriate your land even if you've faithfully paid your rent taxes and give you only what they arbitrarily decide it's worth.

Home "ownership"? Lawl.

[vapourminer]

The battle for $18k continues... currently $17988USD/$23555CAD (Bitcoinaverage).

checked just now at coinbase (ya i know) and it was at exactly 18,000. by the time i screen shotted it it was 18,035

guess ill try my snooze button again, this time hopefully at 19k

edit: now 17,985

stupid snooze button

[xhomerx10]

How can it be considered wiser to rent from an individual owner as opposed to 'renting' from the bank - you'd be obliged to either one and both could theoretically kick you out for non-payment.

How about, um, owning your own home?  As in:  Free and clear.

What a nice society you have:  The “American dream” of home ownership is truly dead, out of reach and unthinkable to the overwhelming majority of Americans.  It has been replaced by an illusion based on a false dichotomy between renting from the bank via an intermediary “landlord” who rents from a bank, and renting directly from the bank.

The banks own everything!  You are so immersed in debt culture based on debt-“backed” money and total submission to the banks, you cannot even see what is wrong with your proposition.

Bitcoin, and home ownership:  Be your own bank.  Be the king of your castle.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)

Don’t get me started on the rents known as “property taxes”.  Are you even aware of how recent a development that is in the United States?
See also:

Historically, besides heritable class status, the single most effective guarantor of voter quality was a real property ownership requirement.  [...]

Naturally, I think that such a requirement must logically exclude mortgaged properties, which (especially in today’s society) are effectively rented from the bank.

 Nearly everyone in this world would love to own their home 'free and clear'!  I'm not sure of your intended audience in this thread but I'm sure that your preaching to a choir of Bitcoin hodlers is a pointless exercise; I imagine none of us will have been enlightened.

  The 'American Dream' has little or nothing to do with simple home ownership.  Did you purposely reduce it to such an inane concept or was that comically unintentional?  In fact, the 'American Dream' has little or nothing to do with material prosperity. The American Dream (at the very least) is that anyone, regardless of their present status in life, can realize their aspirations with hard work, passion and dedication; even if you think the system is rigged in favour of others, with the right attitude and dedication, that indignation alone might be all that's needed to spur you to success.
Don't go all Nietzsche on my ass; I did not mention "pursuit of happiness".

Americans stereotypically have a total lack of perspective which is both tragic, and unintentionally comical.

 Should we still rejoice when Bitcoin's valuation improves as compared to the same American Dollar used by those totally, stereotypically-perspective-lacking fucks?

 ▲rhetorical question▲

[Cryptotourist]

Look , Deal with it..

I am.

no matter how many fish in the sea it just feels so empty without me .

Wut, you're an amoeba now? Lowlife was fine.

I think you are aware that i could make this Puppy hype like never before.

Let's get this straight. You can't do shit. Epic fail all around.

Probably the only one.

Yeah, fuck off, you lying bitch.

Jayoboy i did more than your brain can comprehend. I am aware what you want

Yet, I do know what you want:

I am simply asking , Nicely,  for the Belongings to be returned to their rightful owner. 

Plot twist? Don't answer that, we don't want to know.

[cAPSLOCK]

What is this?  A dump for ants?

[dragonvslinux]

What is this?  A dump for ants?

Doesn't look like a dump to me, more like consolidation on lower time-frames. A bull flag within a bull flag is still very bullish imo.



We're building up some good volume support around $17.7K. Even a move back down to $17.2K would remain bullish for me.

[STT]

I concur

Bob great chart but I want that chart to continue the Nasdaq till present day because stocks especially large cap tech might relate to BTC really.    I have a relative who has a tech fund from the duration of that chart prior to century end and it went from initial issue mid nineties to now over 32x

I think Tone Vays is calling for a pullback going into Thanksgiving holiday but I dont see why one holiday in one area of the world should be that important, he says its a sell without that pullback.    We're resumed above the 2 day average once again, momentum of a freight train tbh.

[JayJuanGee]

(...)
So, yeah, there may be some differing comfort levels based on starting points and also based on my having had stacked up earlier than you.. perhaps?

Exactly. I've probably told this before but at the time I learned about BTC, I was a student with no money to invest. And once I was at the point of being able to "afford to lose", we were already at "now or never" mid-2017 prices. I would be stupid to claim not wishing to have a bag of BTC on the side now (although I only want enough to have the freedom of not having to work as opposed to Lambos and champagne ), but I sincerely can't regret not having taken such investment risks at a time when I could hardly put some spare money aside.

When I was a college student, I did not have very much money, and I largely invested in very conservative investments with student loans and other kinds of ways to attempt to increase my cashflow... so I can understand some of the dilemma... and even though bitcoin is very easy to invest into and to get into it with whatever amount, it still can be somewhat difficult to figure out how to invest when you do not have a very large cashflow...

So maybe you only have an extra $10 per week while a student, but you might choose to become more adventurous (which I still suggest caution) and you invest $30 per week or some kind of means that really takes away your abilities to enjoy any luxuries.... but then once you get out of college, you might develop an extra cash flow that allows you to invest $100s or $1,000s per week, depending on how many luxuries you want to enjoy or to defer gratification..

When I got one of my decently paid jobs with 401k and all of that, I did invest heavily into my 401k as a kind of preference... but I surely did not have bitcoin available as an option... and there were not very many low fee investment options.. but even the fees on bitcoin seem to be going up.. as compared to what they were in 2014-ish...

So, yeah, I am taking back some of my harshness in my earlier response post to you, but there is still a lesson to all in terms of rooting for down.. which may cause you to get beaten up.. at least verbally.. of course, if any of us watch the BTC price enough, we know that downs do come from time to time.. but bitcoin does seem to be in a kind of punishment mode in terms of going up since $10k or so.. and maybe we can even trace that back to the March 2020 dip to $3,850, there have not been a whole hell of a lot of dip buying opportunities, and concededly, the dip opportunities have been fewer after the early September battles over 4 or 5 digits which seems to have been resolved on the side of the latter.

[ edited out]

 It's such an wonderful feeling to be understood and I'm always interested in reading idioms used in other cultures.  Thank you!
 
 In case you're reading this Mr. JayJuanGee, Happy Thursday!
 We love you. 
 
#nohomo

Aren't you supposed to say something more meanie to me on Thursdays?

I was not bothered by any of that thread of conversation... I also do not tend to be bothered for very long about any of the meanie things.. even though sometimes I might sulk for a bit on some of it.. depending.. on the direction that some of it may end up going...

By the way, sometimes it can be a bit unclear whether there might be some redeeming values to seeming trolls or stalkers, and sometimes playing around with them might actually establish that they are a genuine person who just came at the matter from a bad angle... but sure, there is a saying about not feeding the trolls.. even though each of us will maybe play along with the troll/shills in differing ways.

[V8s Road Warrior]

'member, lads, don't waste your money on this stuff



get something like this instead



er sorry wait wrong picture. this

[friends1980]

So, yeah, I am taking back some of my harshness in my earlier response post to you, but there is still a lesson to all in terms of rooting for down.. which may cause you to get beaten up.. at least verbally..

I didn't interpret your words as being harsh tbh - I don't tend to take things personal very rapidly, especially since most of us do not know each other (nor each other's situation) personally. If it's not a lesson to me personally, it might be a lesson to someone else reading these posts.

Now, I'd friendly suggest to remove this perfume of "Serious Discussion" out of the WO again. I'm having some Belgian beers atm, here's to your health, JJG and all WO peepz.

[Cryptotourist]

Good thing people like you do not have Companys !

You really shouldn't have dropped out of school son.

~

So, this is your idea of corn:

[OutOfMemory]

By the way, if this is gonna continue, i should get some popcorn, asap (crypt0nian flavour) 
That set of rusty pipes gave me the fucking laughs for roughly two minutes!

Don't do this again, CT 
Still hurts...