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

[Phil_S]

We believed people wanted a sort of Bitcoin city as a testing ground for living on bitcoin.

Very few of us desire to spend bitcoin of everyday purchases. We're long-term holders who follow Gresham's law.
We would rather spend dirty fiat.

We believed people wanted to test out seasteading

Very few of us have a passion for sea living.
And you need to have a passion, otherwise what's the difference between living there and in the small apartment in Panama City.

Intersection of that Venn diagram is probably pretty small.

[1714100919]

1714100919

[1714100919]

1714100919

[1714100919]

1714100919

[jojo69]

[JayJuanGee]

I picked a good year to come back to the wo.

Yes... exactamente!!!!  Welcome back ur lil selfie.    

We (the royal we of course) can attempt to whip you back into shape to try to cause you to realize (and accept - stubborn as you can be) that BTC price dynamics are inspired by MOAR than just BTC mining incentives.

 I know this. But I will always show the mining angle first and foremost.

As that is my veiwpoint.

If you go back and look at my early posts this year.
Much was done and said about
big money coming from billionaires.

The top ten people in the world 🌎 could sink money into BTC and jack its price a lot.

I felt they would do this and while it may not be the top ten people doing it as I type it certainly is the top 1000 people sinking money into BTC.


It is why I picked this year to post much much more into wo thread 🧵.

So far so good.

Sure... we have some institutional and billionaire focusing on bitcoin in recent times, but fuck them.  Bitcoin is more than just a set of narrow explanations regarding its price movements and dynamics. 

In other words, the billionaires are not the reason why BTC prices are going up, even if they are increasingly interested and they perhaps might be making some differences (to the upside) on the margins.

[Icygreen]

Happy solstice WO's ! I trust everyone is making offerings to Cthulhu and Karu this evening in celebration of the great bear slaughter   
Congrats to $0.5 trilllion market cap, (cute little green pickle) , next stop 1 trrrrrrillion!  Weeeee...
 

[savetherainforest]

Ophiuchus is in charge... "Christmas Star" Jupiter -Saturn planetary conjunction is happening in Ophiuchus ... ushers in Age of Aquarius.



Happy Solstice and here's to the beginning of a new age.

You should all make wishes! (The New Years resolutions is fake!... because u need to actually make them on the Solstice... no on the New Year!)

[El duderino_]

Wel hello, Goodmorning Bitcoinlandia..... is that 24 again I see??

[AlcoHoDL]

Don't know about astronomy, astrology, Xmas stars and all, but Bitcoin is doing great so far.

Looks like I'm going to be winning that 20k € / BTC by Xmas bet...

Onwards & upwards!

HoDL.

[El duderino_]

2 4, 7 7 7.
A three year old game, .2 5
Could be won... soon-ish....

[bitserve]

2 4, 7 7 7.
A three year old game, .2 5
Could be won... soon-ish....

I wonder if there has ever been, in the history of Bitcointalk, a prize with a fiat value worth as much as this one AT THE EXACT TIME OF BEING GIVEN (not in the future)...

It is $6K+.

Respect bro!

[El duderino_]

2 4, 7 7 7.
A three year old game, .2 5
Could be won... soon-ish....

I wonder if there has ever been, in the history of Bitcointalk, a prize with a fiat value worth as much as this one AT THE EXACT TIME OF BEING GIVEN (not in the future)...

It is $6K+.

Respect bro!

Thx.... but a worth is a worth and being honest is what’s making a community strong and unique...

I hoped it was a prize to be given much earlier, but I’m happy that it’s maybe this time now...

I also just hope that the winning guy is a true bitcoiner and shows a little bit more in the WO 😀

[BitcoinMemeHub]

Hello World. Trying to get used to this format. No idea how to post yet etc

New here but I'm @BitcoinMemeHub on Twitter

2 4, 7 7 7.
A three year old game, .2 5
Could be won... soon-ish....

I wonder if there has ever been, in the history of Bitcointalk, a prize with a fiat value worth as much as this one AT THE EXACT TIME OF BEING GIVEN (not in the future)...

It is $6K+.

Respect bro!

Thx.... but a worth is a worth and being honest is what’s making a community strong and unique...

I hoped it was a prize to be given much earlier, but I’m happy that it’s maybe this time now...

I also just hope that the winning guy is a true bitcoiner and shows a little bit more in the WO 😀

[Phil_S]

Welcome!

We always appreciate good memes!

[El duderino_]

Hello World. Trying to get used to this format. No idea how to post yet etc

New here but I'm @BitcoinMemeHub on Twitter

2 4, 7 7 7.
A three year old game, .2 5
Could be won... soon-ish....

I wonder if there has ever been, in the history of Bitcointalk, a prize with a fiat value worth as much as this one AT THE EXACT TIME OF BEING GIVEN (not in the future)...

It is $6K+.

Respect bro!

Thx.... but a worth is a worth and being honest is what’s making a community strong and unique...

I hoped it was a prize to be given much earlier, but I’m happy that it’s maybe this time now...

I also just hope that the winning guy is a true bitcoiner and shows a little bit more in the WO

You already doing a better job as I do....

Small merit boost start... you can merit reward a person and gain merit by writing good content...

2 earned merit = gaining 1 spendable merit

Cheers (btw really love your tweets)

Also for example... a avatar or some other things are gained by having for example 100 earned merits and 120 activity .... but it comes fast

[Globb0]

Elon Musk tweet discussion  

How such a progressive, futuristic person such as Elon Musk could *not yet* be onboard with Bitcoin treasuries full tilt is completely beyond me.

I could say the same for such companies as Microsoft, Apple, Google, Amazon, etc.

Methinks that powerful people have kept them dissuaded for years now.

the epicness of that twitter conversation is hard to grasp. them billionaires are coming.

Yeah, this is mind-blowing indeed. It was noted on bloomberg site as well https://www.bloomberg.com/news/articles/2020-12-20/u-k-s-hancock-says-new-covid-mutatation-is-out-of-control
Meanwhile Bitcoin does what she does in a bull market. After a short lived 5%-ish dip, a new pump followed leading to a new ATH of $24 298 (Bitstamp). And as we could expect the small fish eated that 1% gain they dreamed of. I mean only the skilled traders. The rest registered 5% stop loss, again. The same morons did this exercise over and over again at prices 9K, 10K, 11K and so on. They can't read the sings which are so big that they bump their heads against them - billions of fiat flowing into Bitcoin each weak. The bitcoin balance on exchanges continues to decrease rapidly, which shows that the top is way too far yet. In the last 6 months the holding gave a 2.5x profit. In the next year it won't be lower for sure. Instead, hundreds of stop losses just because the trend changed for several hours. What is the profit after so many stop losses and rare 1% gains always boggles my mind. But some people clearly have no brains for that simple math and science  

Imagine it though, all the companies follow suit, then somone dumps BTC to 10k and they all lose their asses.

Imagine the publicity    :/

Best if they stay out or do it quietly at least.

[dieselmeister]

And it's going downwards...

[AlcoHoDL]

And it's going downwards...

Smart ---> Buy / HoDL
Weak/Dumb ---> Sell

[El duderino_]

And it's going downwards...

Good observation

[MERlT]

And it's going downwards...

Nothing gets past you.

[Syke]

We believed people wanted to test out seasteading

Very few of us have a passion for sea living.

A ship that visits a new worldwide port every few days? That sounds heavenly. A ship that sits in one place? Boring AF.

[Globb0]

Here you go friend,

https://twitter.com/bitcoinmemehub

Welcome to the forum.

Hello World. Trying to get used to this format. No idea how to post yet etc

New here but I'm @BitcoinMemeHub on Twitter