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

[JimboToronto]

Price can not go over 20k for months.

Why not?

[serveria.com]

World's richest people 1990-2020: https://youtu.be/a3bnNi2R8Vo

Bitcoin billionaires soon? Perhaps some WO names there?  

[Elwar]

So we have a lot of people that have been interested in coming and checking out the Crypto Cruise Ship, MS Satoshi.

The time is near. The ship arrives in Panama on December 22nd and we anchor on the Pacific side after passing through the canal on the 23rd.

We're having a New Year's Party on board then opening officially for guests on January 3rd to commemorate the first Bitcoin block.

Rates include nightly (starting at $88/night), weekly (starting at $546/week) and long term rentals (starting at $1311/month).

Reserve your room now at https://vivavivas.com

Don't bother getting out your credit card to pay, fiat is not accepted.

[wxa7115]

I thought Magic Crystal Balls^TM were rare...

It seems everybody's got one these days...

Everybody thinks they have one, but thinking and actually owning one are worlds apart.

I guess it's pretty obvious for almost every hodler that PMs are doomed. Well, not really doomed doomed but doomed in comparison with BTC. Perhaps they will keep their value compared to fiat but will drop miserably vs BTC 

I think they are still going to do well against fiat currencies, but technically speaking almost everything will do well against fiat currencies with the exception of paper assets, so they are still going to keep the charade going that gold is the best store of value while bitcoin skyrockets under the same scenario.

[cAPSLOCK]

Personally I think a drop to 14k is not very likely unless it is purposefully dumped there by the biggest players.

Come on of course it is possible. Bitcoin was sub $14k only 6 weeks ago. Price can not go over 20k for months. But eventually it will go. Ad once will go at least 25k then will for sure not go to $14k ever again.

Certainly not saying it is not possible.  It most certainly is.  I just feel like any serious dip is gonna get bought fairly aggressively.

[BitcoinGirl.Club]

Almost forgot since busy with Champions league matches LOL
Observing $18,800

Bitcoin is $200 cheaper than yesterday! 😛


Good evening WO brothers.

[bkbirge]

Still early days guys.
https://cointelegraph.com/news/citi-downgrades-microstrategy-stock-after-bold-bitcoin-bet

Citi analyst Tyler Radke issued a “sell” rating on MSTR shortly after the company announced it was raising more money to buy Bitcoin (BTC). Radke says CEO Michael Saylor’s “disproportionate focus on bitcoin” puts investors at considerable risk, especially after an “overextended” rally since September.

[bkbirge]

For fun since there seems to be a couple space fans in the group, here's a couple time lapse vids of the SpaceX-21 cargo mission yesterday. Sped up like this it gives a much different point of view and the reality that everything is traveling 10x the speed of a rifle bullet can almost be related to.

https://twitter.com/SpaceX/status/1336349048534528001 - shows trajectory rising above ISS and closing in to dock
https://twitter.com/kiwibacon/status/1336050479823007745 - shows docking bounce

[Indymoney]

Price can not go over 20k for months.

Why not?

Because we have this problem here right now.

[xhomerx10]

Still early days guys.
https://cointelegraph.com/news/citi-downgrades-microstrategy-stock-after-bold-bitcoin-bet

Citi analyst Tyler Radke issued a “sell” rating on MSTR shortly after the company announced it was raising more money to buy Bitcoin (BTC). Radke says CEO Michael Saylor’s “disproportionate focus on bitcoin” puts investors at considerable risk, especially after an “overextended” rally since September.

 It would be nice if Saylor would adopt a buy-the-dip mentality

[Zicadis]

Price can not go over 20k for months.

Why not?

Because we have this problem here right now.

Looking at the markets right now, either this or something else caused/contributed to the big downtrend.

Dump it!

[philipma1957]

Still early days guys.
https://cointelegraph.com/news/citi-downgrades-microstrategy-stock-after-bold-bitcoin-bet

Citi analyst Tyler Radke issued a “sell” rating on MSTR shortly after the company announced it was raising more money to buy Bitcoin (BTC). Radke says CEO Michael Saylor’s “disproportionate focus on bitcoin” puts investors at considerable risk, especially after an “overextended” rally since September.

 It would be nice if Saylor would adopt a buy-the-dip mentality

If we were over  20k and in the 25-30k zone we would be overextended. the 18500-19500 zone is close to the correct amount for miners to make a decent return on investment.

I would say we have rallied to the point of where we should be for most miners.

under 15k= too low for most miners.

over 25k = too good for most miners.

I still do not worry about big shakeouts in price.  hodl as best you can people.

[JimboToronto]

Looking at the markets right now, either this or something else caused/contributed to the big downtrend.

Dump it!

Big downtrend? LOL.



Dump it?

Dump your fiat.

[BobLawblaw]

Anyone else buying dip ?

I've been doing a bit of late-nite stacking myself, over the last couple-few evenings.

Bought another $500 of dip just now...

[DaRude]

Hmmm

[Toxic2040]

Nerdle Cam courtesy of LabPadre
https://www.youtube.com/watch?v=Ky5l9ZxsG9M

[Lambie Slayer]

https://www.jpost.com/omg/former-israeli-space-security-chief-says-aliens-exist-humanity-not-ready-651405

https://www.nbcnews.com/news/weird-news/former-israeli-space-security-chief-says-extraterrestrials-exist-trump-knows-n1250333

I have been contacted by a representative of the Galactic Federation and can confirm they will be buying our Bitcoin when the time is right.

[OutOfMemory]

So i finally received my "black friday" ledger nano S.
The next step was to request ledger.fr to delete my personal data from their e-commerce systems, pointing them to Art 17. of the EU's GDPR (a.k.a. "right to be forgotten").
They have to keep parts of the data, for example for legal purposes, but since the order got completed by signed delivery, they should delete the order data from their shopping server, which is accessible from the www.
A part of the procedure is to notify the requesting person of deletion asap, if possible even send some kind of proof.
I'll keep you updated on this.

L8erz

Got an email today, my request was forwarded to their internal privacy policy team.
please hold the line...

[Biodom]

So i finally received my "black friday" ledger nano S.
The next step was to request ledger.fr to delete my personal data from their e-commerce systems, pointing them to Art 17. of the EU's GDPR (a.k.a. "right to be forgotten").
They have to keep parts of the data, for example for legal purposes, but since the order got completed by signed delivery, they should delete the order data from their shopping server, which is accessible from the www.
A part of the procedure is to notify the requesting person of deletion asap, if possible even send some kind of proof.
I'll keep you updated on this.

L8erz

Got an email today, my request was forwarded to their internal privacy policy team.
please hold the line...

mixed feelings...you would not be able to ask for technical help after that, presumably.

https://www.jpost.com/omg/former-israeli-space-security-chief-says-aliens-exist-humanity-not-ready-651405

https://www.nbcnews.com/news/weird-news/former-israeli-space-security-chief-says-extraterrestrials-exist-trump-knows-n1250333

I have been contacted by a representative of the Galactic Federation and can confirm they will be buying our Bitcoin when the time is right.

You too? darn it  

[l0_ola]

Looking at the markets right now, either this or something else caused/contributed to the big downtrend.

Dump it!

Big downtrend? LOL.

https://i.imgur.com/O0COkIy.jpg

Dump it?

Dump your fiat.

I'm not a experienced expert of TA, but to my mind btc is still in uptrend and it is still in the triangle
https://i.imgur.com/qOJQnW2.png