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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372953 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
d_eddie
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December 26, 2020, 08:53:05 PM

SOMA?
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December 26, 2020, 08:53:13 PM

It's getting scary. If the trend goes on, in 5 days we'll reach 31k and next day it'll drop to 1k.


If it drops to 1k, I'll sell my soul to the devil to buy bitcoin. I'll wait a few years, buy hell and kick the devil out of there.
NeuroticFish
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December 26, 2020, 08:54:58 PM

If it drops to 1k, I'll sell my soul to the devil to buy bitcoin. I'll wait a few years, buy hell and kick the devil out of there.

Why did you remove the second line when quoting?  Wink
And yes you should do that, since, as @explorer mentioned, in a month it'll be back to 31k  Cheesy
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December 26, 2020, 09:02:24 PM

If it drops to 1k, I'll sell my soul to the devil to buy bitcoin. I'll wait a few years, buy hell and kick the devil out of there.

Why did you remove the second line when quoting?  Wink
And yes you should do that, since, as @explorer mentioned, in a month it'll be back to 31k  Cheesy

Why shouldn't I? I try to avoid overquotes in general. No big deal, this is a bit off topic.
soullyG
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December 26, 2020, 09:02:51 PM

We're less than $1500 away from page parity!
Torque
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December 26, 2020, 09:03:29 PM

Of course, it is possible that me are witnessing financial "regime change", but much more data is needed to support this.
Serious people have said that the only thing that can stop btc is very high interest rates.
In one playbook they will go for high inflation, causing btc to climb super high, then as inflation is established, smash btc down by sudden increase in the interest rates: going from super negative real rates that we see at the moment to positive rates, which would mean, say, 10-15% interest rates a la Volcker shock.

But that the real rub for them now: it's become nearly impossible for the FED to raise interest rates, even just a couple % points.

1) Higher rates would make just the interest on the govt debt un-serviceable

2) Higher rates would crash global markets, crash the bond market, and kill the GDP of all major countries

I believe that rates in the U.S. will go negative before going positive. They will continue to print fiat, keep interest rates at 0 or neg, and let inflation run.
HairyMaclairy
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December 26, 2020, 09:12:27 PM
Merited by LFC_Bitcoin (2)

Yes we are running hot right now but it’s still very early days for the 2021 bull market.

I am very relaxed at the moment.  

A 2013 style correction is a real possibility but so many people are standing by to buy the dip that it would be short lived.  But it’s healthy to shake out the leveraged longs every so often.  
goldkingcoiner
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December 26, 2020, 09:12:45 PM

I think we can all agree that fiat is REKT in 2021.
OutOfMemory
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December 26, 2020, 09:18:23 PM

Today it's fascinating and scary at once.
Phil_S
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December 26, 2020, 09:18:59 PM



Fun times.

I'm not scared at all.
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December 26, 2020, 09:21:03 PM

Sold a small piece at $26,413.40

janggernaut
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December 26, 2020, 09:24:50 PM

Still HODL everyone?  Cool
OutOfMemory
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December 26, 2020, 09:26:41 PM

Still HODL everyone?  Cool
* OutOfMemory does  Cool
HI-TEC99
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December 26, 2020, 09:27:13 PM
Merited by JayJuanGee (1)

From my calculations, we are going to see a dump at 30k. Wheee!

Isn't that what hairy predicted at 20k?

He must be eating his hat now.
IntroVert
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December 26, 2020, 09:27:30 PM

Think we need a new poll
Cryptotourist
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December 26, 2020, 09:29:06 PM

Only 120+ pages behind. Did I miss something?
I mean apart from the rekt bearz.

Plus dat choo choo ting. Cool
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December 26, 2020, 09:30:21 PM
Merited by JayJuanGee (1)

Only 120+ pages behind. Did I miss something?
I mean apart from the rekt bearz.

Plus dat choo choo ting. Cool

You are getting closer to the moment when you’ll be able to buy Greece.
goldkingcoiner
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December 26, 2020, 09:32:26 PM
Merited by lightfoot (2)

Only 120+ pages behind. Did I miss something?
I mean apart from the rekt bearz.

Plus dat choo choo ting. Cool

You are getting closer to the moment when you’ll be able to buy Greece.

I would add insult to injury and buy it with shitcoins.

From my calculations, we are going to see a dump at 30k. Wheee!

Isn't that what hairy predicted at 20k?

He must be eating his hat now.


His predictions are always quite nice. But always verify Wink
OutOfMemory
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December 26, 2020, 09:32:51 PM

Only 120+ pages behind. Did I miss something?
I mean apart from the rekt bearz.

Plus dat choo choo ting. Cool

You are getting closer to the moment when you’ll be able to buy Greece.

But don't you also buy the debt of greece then?
Wekkel
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yes


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December 26, 2020, 09:34:00 PM

Still HODL everyone?  Cool

Who in his right mind would sell below $100k?

2021 will see oodles of fiat printing and unorthodox measures to keep the wreck afloat. Bullish bullish bullish.
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