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

[serveria.com]

I had another chat with my friend, the gal who likes to discuss savings/stock market with me. Classical weak hands type. I wrote about her a while back, on Dec 7, 2020. Price was around the old ATH @19k . (here: https://bitcointalk.org/index.php?topic=178336.msg55770951#msg55770951 )

Today she wrote me and started with a message like "Why is Bit coin rising? The government should ban it cuz launder drug money blah blah".

My first replies were curt.  "Bitcoin: one word or you'll sound like a noob. The primary cleaning agent for laundering is USD by far."

Then she said: "I am afraid, blah blah, so many types of bitcoin, how do I buy blah blah"

I was gentler. "Only one kind, ticker is XBT or BTC. The other 'types' look cheaper because they're junk. Don't touch them."

I went on - You need to open an account at an exchange. Try Bitstamp or Kraken. Avoid Coinbase if you can. You'll need to go through KYC/AML, money laundering my ass. Once you have a bunch, you'll need to make yourself a wallet and transfer them into your own possession. Bitcoiners say "Not your keys, not your coins".

Long story short, I held up to her barrage of questions and gave her a crash course. More than anything, I told her to buy and hold. I spelt it wrong, just like this: hold. She's not advanced enough yet to be taught proper spelling. I said it might go down. I'm pretty sure it will go down and you'll suffer. That is when you have to buy more. That's the difference between happy and sad in the long run.

At the end she said "Oh thank you. But you know, call me chicken but I won't."

I'm pretty sure she'll come around. She'll probably want some at 50k. What could I reply to that?

"Of course you're free to do as you please. Bitcoiners say 'Have fun staying poor' "

I'm not trying to convert nocoiners to bitcoiners anymore: tried many times but failed. Most of them ignored me, some bought BCH and sold it later. I'm not trying to save your soul anymore, you should get it yourself. Fuck off, you don't deserve it...  

[machasm]

Congrats to my fellow WOers on the 30K breach.
Now can someone explain to me wtf is going on??

[Poker Player]

Congrats to my fellow WOers on the 30K breach.
Now can someone explain to me wtf is going on??

Apart from institutions buying all newly mined coins and more, people withdrawing from exchanges (reducing offer) and massive printing, I just think FOMO has really started.

There is much more demand than supply. Add to that bitcoin appearing in the news by constantly breaking ATHs. It's a snowball effect but at some point this has to go back.

$32,5k LOL

[Anon136]

Now can someone explain to me wtf is going on??

Elon Musk?

[soullyG]

Congrats to my fellow WOers on the 30K breach.
Now can someone explain to me wtf is going on??

https://twitter.com/krakenfx/status/1340054489106137088

#NgU

[d_eddie]

I had another chat with my friend, the gal who likes to discuss savings/stock market with me. Classical weak hands type.

-snip-

At the end she said "Oh thank you. But you know, call me chicken but I won't."

I'm pretty sure she'll come around. She'll probably want some at 50k. What could I reply to that?

"Of course you're free to do as you please. Bitcoiners say 'Have fun staying poor' "

I'm not trying to convert nocoiners to bitcoiners anymore: tried many times but failed. Most of them ignored me, some bought BCH and sold it later. I'm not trying to save your soul anymore, you should get it yourself. Fuck off, you don't deserve it...  

You're probably right. I, too, have long forgone any evangelism. But this chick does care about her financial future, we've been talking money and stocks for a long time, she seemed so helpless... well, I failed and told her.

I'll be sure to poke her some more at 100k. She does deserve it if she doesn't get any btc and clings to her losing strategy of buying stocks and selling at the first dip wondering why she didn't pick the "really magic stock".

[cygan]

Now can someone explain to me wtf is going on??

Elon Musk?

or Peter Schiff?

[d_eddie]

Now can someone explain to me wtf is going on??

Elon Musk?

or Peter Schiff?

Nahh... Peter's doing it undercover, trying not to move the market or be caught with his hands in the cookie jar

[eddie13]

When we dumped to 16 before breaking 20 I told my mom “this is your last chance”
She finally bought a little mid 16..
Then started to get excited watching it go up and bought some more mid 19..
Then a bit more in the early 20s somewhere..
She is up about 66%..

My first nocoiner convert..
Damn I’m glad I was right..


Sent my GF $10 worth long time ago (0.0006), did cashapp ref invites for her and Coinbase quizzes for her.. She bought $10..
Has over $100 now..
She won’t be able to “invest” but she caught the bug too..

[explorer]

     First time above this channel in over 3 months.  We accelerate.

[JohnBitCo]

The WO pool of 12/31 Closing Price is expired now and the new pool could be
When 40,000$ Bitcoin price:

Options could be 5 Jan, 10 Jan, 15 Jan, 20 Jan or later.

[Poker Player]

33k WTF?

We just broke $30k.

Isn't this gonna stop? (not that I want it to)

[ivomm]

33000
What a day! Insane! Spectacular!


(Listening to ACDC and jumping around with my guitar.  )

[BitcoinGirl.Club]

I almost forgot to greet for the day.
Good afternoon WO!
Observing @ $32,740

There was a time when we had to wait 10 years to see $20k and now in 17 days time we are over $32k!
Bitcoin makes everything possible.

Happy hodling bitcoiners.

[BitcoinGirl.Club]

33000
What a day! Insane! Spectacular!

LOL

$33,010

[julian071]

WHEN is this thing gonna blow off some steam?? Amazing.

[Poker Player]

The WO pool of 12/31 Closing Price is expired now and the new pool could be
When 40,000$ Bitcoin price:

Options could be 5 Jan, 10 Jan, 15 Jan, 20 Jan or later.

It doesn't seem so far. We only need a 6% increase from where we are now. It could happen in a day or so but we are already up 12%. These moments pay for all the boring ones during the past years.

[UnDerDoG81]

Shit I have a bad feeling about this. It's going too fast. Somebody sold 1000 coins at 31k. He must be crying right now  that would have been 2 more millions now.

[aesma]

I'm not trying to convert nocoiners to bitcoiners anymore: tried many times but failed. Most of them ignored me, some bought BCH and sold it later. I'm not trying to save your soul anymore, you should get it yourself. Fuck off, you don't deserve it...  

My policy is : let people know you're into BTC, by that I mean the right people you can trust won't try to steal your coins, provide info if they're interested, but don't push it, and give plenty of disclaimers. Don't want to be deemed responsible if the price crashes...

My brother is in finance and I don't ask him advice on investments because he's my brother, I don't want to have any bad feelings towards him if an investment doesn't pan out. Especially since what he's touting (I asked him once) are pretty risky stuff that go up and down wildly, a bit like BTC.

[Krubster]

30 to 33k within 5 hours