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

[Biodom]

^R you that naive?
Yes, you are.

[Poker Player]

Bitcoin posts a new All Time High daily candle today at $23,777.00...smashing the previous record of $19,666.00 exactly 3 years later to the day. Is this it? Is this the end of the bullrun? I am not convinced. I somehow feel like it really is different this time. The open interest not only by institutional investors but the general public as well, the continuing media coverage and perhaps most importantly the massive fiat stimulus programs being put in place globally. Will there be dips..of course there will. My advice is to buy them.

I think the situation we are in is more similar to 4 years ago, not 3. We still have a whole moon year in front of us.

[AlcoHoDL]

@Arriemoller: Arrie, I hope you didn't pay too much for that 3D printed mine, because it's not a good print job... If it wasn't for OPSEC, I could print one and send to you for free. Maybe some day...

In other news:

Don't care about gay.
Please, just go to $30k.
I want to be gay!

#sohomohaikuthatrhymes

[AlcoHoDL]

Dropping to $22k is so painful.
Can't even haiku.
So depressed...

It never dropped to $22k. The lowest it dropped was to over $22.3k.

Since the ATH it's been basically been consolidating around $23k.

Yeah, I know, it's just the damned $22xxx in front that is was spoiling the fun. Just joking, of course, it's already an excellent performance, and it will rise again soon. It's already trending slightly upwards again.

In mid-2020 I placed a fun bet (no monies involved) with a nocoiner friend, that BTC will reach 20000 € (around $24500) by Christmas. I do consider that I've essentially won, as it's almost there already, but I'd like the price to really reach and exceed that level by Christmas.

[600watt]

"If there was ever a Fear of Missing Out moment it was Wednesday afternoon when Bitcoin hit $20,000 and then just kept on going...."

https://www.bloomberg.com/news/articles/2020-12-17/bitcoin-price-what-investors-need-know-before-buying-the-cryptocurrency

In the video they are talking about consolidating 2021-2022 in the 500K-1mil range. This is institutional FOMO, gentlemen! We can't even count the companies who have already invested some spare cash (you know pocket money 100 mil to 1bil and more) as a hedge against inflation. This is just the beginning of a new era of mass adoption. Nobody is talking about 100K anymore  . Overtaking gold, is also a modest prediction nowadays.

it is a phenomenon i have encountered several times through late 2020: mainstream press reporting about legacy finance suits being way more bullish than the regular WO bull.  how come they beat the WO in its very own discipline?  wrap your head around that.

first they laugh about you
then they become more bullish than you
then they buy your corn
do NOT let them win THAT easy

what you consider expensive and high price for them its just change. dirty fiat. they soon all want your corn.

keep your corn. let the zeros they add on their balance sheets, on their money printing, and on their offerings not fool you. nobody can add zeros to bitcoin. you own the sacred multiplier of it all. you own the keys to paradise. literally. fiat is rat poison. they want your corn.

[Phil_S]

The fact that we're just hanging around only $777 below ATH, is a very good sign.

[AlcoHoDL]

"If there was ever a Fear of Missing Out moment it was Wednesday afternoon when Bitcoin hit $20,000 and then just kept on going...."

https://www.bloomberg.com/news/articles/2020-12-17/bitcoin-price-what-investors-need-know-before-buying-the-cryptocurrency

In the video they are talking about consolidating 2021-2022 in the 500K-1mil range. This is institutional FOMO, gentlemen! We can't even count the companies who have already invested some spare cash (you know pocket money 100 mil to 1bil and more) as a hedge against inflation. This is just the beginning of a new era of mass adoption. Nobody is talking about 100K anymore  . Overtaking gold, is also a modest prediction nowadays.

it is a phenomenon i have encountered several times through late 2020: mainstream press reporting about legacy finance suits being way more bullish than the regular WO bull.  how come they beat the WO in its very own discipline?  wrap your head around that.

first they laugh about you
then they become more bullish than you
then they buy your corn
do NOT let them win THAT easy

what you consider expensive and high price for them its just change. dirty fiat. they soon all want your corn.

keep your corn. let the zeros they add on their balance sheets, on their money printing, and on their offerings not fool you. nobody can add zeros to bitcoin. you own the sacred multiplier of it all. you own the keys to paradise. literally. fiat is rat poison. they want your corn.

Well said.

Just sell only the amount you need for a specific, immediate purpose. Selling just to put fiat in the bank is a huge mistake IMHO. Fiat should just be a transient phase that's only necessary to achieve a goal, not the target of the selling.

[OutOfMemory]

   

Gotta love working nightshift.
I'm getting this down to a science.
If I ever go into business (unlikely in my old age) wo bros can have first dibs. (no charge except for the gold coins, those go to my family)
Who knows, after I kick the bucket these things will be priceless, lol.
(ok maybe not, anyone can scan and mill the sig...)


                  GO BITCOIN

 

Brilliant work!
The wood fits good, too (is it walnut, btw?)

Reminds me of the bitcointalk ebony poker chips...
Gotta make some of these too, now that i found a good method to center the laser on both sides of the mill- cut and engraved chips.

[BobLawblaw]

Seeing whale calls of significant ($25M+USD) lots of coins being moved to exchanges.

Smells like a massive bloody turd gonna be cooked up pretty soon.

Sure hope not.

[El duderino_]

[Arriemoller]

@Arriemoller: Arrie, I hope you didn't pay too much for that 3D printed mine, because it's not a good print job... If it wasn't for OPSEC, I could print one and send to you for free. Maybe some day...

In other news:

Don't care about gay.
Please, just go to $30k.
I want to be gay!

#sohomohaikuthatrhymes

The mine wasn't all that expensive, 20 dollar-ish, but the freight was.
I thought it looked a bit rough, but on the other hand, this guy was the only one who would make one, he made it from two photos I provided, or rather, he modified the American claymore he was already selling.
If you are thinking of my OPSEC, don't worry, it's paper thin, I don't really worry about it.
If you ever feel the urge to make one, just let me know, I'll be happy to pay you in BTC.

The original that he modified.

[Arriemoller]

Fedral? goverments? get your memes straight son.

[Arriemoller]

Seeing whale calls of significant ($25M+USD) lots of coins being moved to exchanges.

Smells like a massive bloody turd gonna be cooked up pretty soon.

Sure hope not.

Isn't it just coins being moved from cold storage to meet the increasing demand?

[AlcoHoDL]

Seeing whale calls of significant ($25M+USD) lots of coins being moved to exchanges.

Smells like a massive bloody turd gonna be cooked up pretty soon.

Sure hope not.

Isn't it just coins being moved from cold storage to meet the increasing demand?

Good point. I hope that's what it is.

It would be so cool to reach (and exceed) $25k by Christmas. This would break 20k € for us Euro-landers.

[El duderino_]

Fedral? goverments? get your memes straight son.

Haha someone send it to me.... didn’t pay attention LoL

[d_eddie]

Seeing whale calls of significant ($25M+USD) lots of coins being moved to exchanges.

Smells like a massive bloody turd gonna be cooked up pretty soon.

Sure hope not.

Isn't it just coins being moved from cold storage to meet the increasing demand?

Maybe, as long as we keep in mind that meeting increasing demand means selling.

It might well be that the cooked turds will need to wait for high enough temperatures.

Speaking for myself, my coin stays with me at these paltry levels!

On the other hand, I'm not as disgusting a degenerate as some of us (I won't stoop as low as PayPal, for one), but I do like to buy my dips. Come on, cybearpunk, bring her down a bit if you can... make my day.

[OutOfMemory]

@Arriemoller: Arrie, I hope you didn't pay too much for that 3D printed mine, because it's not a good print job... If it wasn't for OPSEC, I could print one and send to you for free. Maybe some day...

In other news:

Don't care about gay.
Please, just go to $30k.
I want to be gay!

#sohomohaikuthatrhymes

The mine wasn't all that expensive, 20 dollar-ish, but the freight was.
I thought it looked a bit rough, but on the other hand, this guy was the only one who would make one, he made it from two photos I provided, or rather, he modified the American claymore he was already selling.
If you are thinking of my OPSEC, don't worry, it's paper thin, I don't really worry about it.
If you ever feel the urge to make one, just let me know, I'll be happy to pay you in BTC.

The original that he modified.

I guess AlcoHoDL was talking about his OpSec.
In that case i recommend sending via delivery service and use sender's contact data from a random person found in the telephone book.
I didn't have the time to write before, but i also wanted to say that the printjob is pretty bad and the printer seems to need some maintenance and adjustment to deliver decent results. I recently started printing CEP CPE, which is some tough and durable stuff, but every material needs different settings to deliver consistently good results.


As of BItcoin, as far as i can tell from the chart, the correction seems to have eased out. A lil less volume and the next pump can start rolling. This is not the time for dips, imho. If you're set, fine. If you're into DCA, fine. If you wait to buy the dip, maybe too late.

[Arriemoller]

@Arriemoller: Arrie, I hope you didn't pay too much for that 3D printed mine, because it's not a good print job... If it wasn't for OPSEC, I could print one and send to you for free. Maybe some day...

In other news:

Don't care about gay.
Please, just go to $30k.
I want to be gay!

#sohomohaikuthatrhymes

The mine wasn't all that expensive, 20 dollar-ish, but the freight was.
I thought it looked a bit rough, but on the other hand, this guy was the only one who would make one, he made it from two photos I provided, or rather, he modified the American claymore he was already selling.
If you are thinking of my OPSEC, don't worry, it's paper thin, I don't really worry about it.
If you ever feel the urge to make one, just let me know, I'll be happy to pay you in BTC.

The original that he modified.

I guess AlcoHoDL was talking about his OpSec.
In that case i recommend sending via delivery service and use sender's contact data from a random person found in the telephone book.
I didn't have the time to write before, but i also wanted to say that the printjob is pretty bad and the printer seems to need some maintenance and adjustment to deliver decent results. I recently started printing CEP CPE, which is some tough and durable stuff, but every material needs different settings to deliver consistently good results.


As of BItcoin, as far as i can tell from the chart, the correction seems to have eased out. A lil less volume and the next pump can start rolling. This is not the time for dips, imho. If you're set, fine. If you're into DCA, fine. If you wait to buy the dip, maybe too late.

Well he,(or anyone), can just write a fake sender. Mr will Smith, 32596 Elkwood Drive 12345 Co. or something.
Gentlemand very kindly sent me a newspaper once without revealing his identity.
But I'm not pushing or anything, I have full respect for other peoples OPSEC worries.

I will probably buy a 3D printer when I sell at the coming top. But I dread having to learn the software, I hate computers and software stuff, I would rather just make a drawing by hand and pay someone to do the CAD drawing from that. The hardware stuff on the other hand, that I like.

Edit: Wait, he wrote "euroland" so maybe not use a fake American sender adress 

[dragonvslinux]

Hadn't noticed this before, but looks like we are forming a new bull flag... if this get's broken to the upside, then even more moon I guess.



Otherwise $20K & 21 Day MA looks like a sweet spot for support  

[Arriemoller]

So, we seem to be stuck on 23000, that's probably good, we need some rest after that steady rise from 19500.