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

[Elwar]

they don't realize that bubbles are blowing everywhere right now, but Great Depression number 2 is coming soon

I've been reading about the imminent Great Depression II since 2005. They found a solution for that: a printing press. Which brings other types of problems and a good narrative for Bitcoin price surges.

Agreed, I think we are never going to see a an scenario like the great depression playing itself again, what we will see is a scenario where monopoly money becomes the norm, something that costs 1 million dollars one day will cost 5 millions the next day and then 25 millions the day after, it will be ridiculous and the velocity of money will increase to the point that holding your money for any significant amount of time, even a few minutes, will be enough for it to lose a significant amount of purchasing power.

We have already seen this, there was a time in Germany’s history in which if you were to eat at a restaurant you paid the bill before the food arrived otherwise you will not have enough money to pay for your food, banks and even private corporations began printing their own money and it held more value than the monopoly money the government printed, to me this is the most likely scenario based on the tendencies we are watching from central banks, and even back in the day Helicopter Ben stated as much openly for everyone to hear.

My sister went to visit a restaurant in a country that had rising inflation. They would only accept cash because they said if you use your credit card they don't get the funds for another few days and by then the money is worth less.

[eXPHorizon]

[serveria.com]

What? No ATH today? Is this a pump for ants? 

[DaRude]

It's 2021 and people are still selling their BTC for paper coupons 

[Swordsoffreedom]

If anyone asks you what is the definition of shitcoin then you can send him/her these two pictures.

Bitstamp:


Coinbase:

What? No ATH today? Is this a pump for ants? 

Bitsamp ATH: 31584.31   
Above 31K, Now every single "day candle" can make the new ATH.
Just hodl on guys.

Can you remember this?? now people are searching for the new ATH every single day, Nowadays new ATH is a common things expect something bigger... 

[Toxic2040]

#dyor







#stronghands

[Swordsoffreedom]

#dyor







#stronghands

My Favourite one, spotted Waterworld 1995..  

[JayJuanGee]

the price is rising fast enough that i have to  log into my exchages and redo my sells and buys like every few hours! corns popping everywhere.

man. its, its like im working again. wtf.

I know the feeling, and you may well need to spread them out a wee bit.  Perhaps?

I largely changed my buys from $500 increments to $1k increments and my sells from $2k to $2.5k increments.

Now the spread could be another matter to potentially widen, too... My spread tends to be more than double my increments.

FYI.. right now my spread happens to be close to $3k... that is the next sell is around $42k and the next buy is $39k.. but there can be some erraticness in the way these spread numbers can play out, too... which may be some coincidences in some orders filling on some exchanges and not filling in others or some other kinds of crazy price movements that cause me to make some crazy adjustments including executing a buy or sell that is kind of out of sync with where I should be at, so in that regard, sometimes I will play around with the spreads.. so at this point a more normal spread for my particular comfort of where I am at may well should have been something like $6k-ish.. $44.5k sell and $38.5k buy.. ..

[LFC_Bitcoin]

What? No ATH today? Is this a pump for ants? 

A bit of consolidation here between $39,500 & $42,000 is good. Let it coil for a while, usually means we breakout hard to the upside the longer we coil.

This is good, everything is working perfectly.

 

[Torque]

"We briefly pause your regularly scheduled Bitcoin uppity for some interim shitcoin pump and dumpage.  Stayed tuned as we resume Bitcoin uppity next week."
- whale traders

[explorer]

"We briefly pause your regularly scheduled Bitcoin uppity for some interim shitcoin pump and dumpage.  Stayed tuned as we resume Bitcoin uppity next week."
- whale traders

Oh wow, septic tank being pumped out hard.

[Krubster]

of course i dont mean to beg , i thought i will be member rank if i got 10 merits thats why i asked for other merit sources to help , there is many members here in the forum doing the same when they get closer from ranking up , if you think its a fault so im sorry for that , i apologized already in the previous post .

ps : thanks for the others to make activity system clear for me , its my first time knowing that .

You don't mean to beg but you are begging. I will be full member when I get 20 merits more and I already have the activity, not like you that you have to wait and I don't beg like that.

As for those supposedly many members who beg for merits, share links please. You don't need to share them here, do it in the meta thread:

Isn't this considered merit begging?

You are right, it was begging. I should have known better than to merit the post.

I often forget how important merits and ranks are to some, especially for those who participate in signature-campaigns.

I hardly ever leave this thread, so I tend to forget about those campaigns.

[d_eddie]

See this photo.  

Back in the sixties as a young boy I can remember a girl doing that with me looking at her missing part wondering what happened to it.

When I was a young kid (early in elementary school), one of my female cousins (older than me, maybe she was around 12 y-o) took me to her room to "show me something". She undressed completely, laid in bed and asked me to touch her. I didn't even know what was going on. I touched her, and she touched me too and seemed to enjoy it. I can't say I enjoyed it much... She made me swear not to tell anyone.

you lucky boy you!  

AlCoHodL cries
cousin, wait ten years or so
got bread but no teeth




#haiku

[BobLawblaw]

I do not think Trump...

The things I need to do for you guys... Christ...

[serveria.com]

I do not think Trump...

The things I need to do for you guys... Christ...

Oh wow... magical... 

[philipma1957]

What? No ATH today? Is this a pump for ants?  

A bit of consolidation here between $39,500 & $42,000 is good. Let it coil for a while, usually means we breakout hard to the upside the longer we coil.

This is good, everything is working perfectly.

 

Some side winder action before honey badger takes over.

At bob she is practicing sidewinder action over and over.



Today was a good day for me I repaired 2 s9 miners  which mean 28th a day more BTC.

I also repaired 2 ltc3 miners which means 1gh more DOGE and LTC which will be converted to BTC

[LFC_Bitcoin]

I do not think Trump...

The things I need to do for you guys... Christ...

Oh shit!

[serveria.com]

What? No ATH today? Is this a pump for ants? 

A bit of consolidation here between $39,500 & $42,000 is good. Let it coil for a while, usually means we breakout hard to the upside the longer we coil.

This is good, everything is working perfectly.

 

Some side winder action before honey badger takes over.

Can't say it's bad though. I've been buying all week (first time since like 2015?). I dunno why perhaps got inspired by Bawb idk.    I'm planning to buy some more chunks later on Monday most probably. So please King Daddy delay the pump.  

[eXPHorizon]

So fitting   i had to xDD

[lightfoot]

last year was a disaster for us with the exception of BTC!!

Interesting. In my non-bitcoin holdings (retirement and junk) my net worth doubled under Trump. Gotta say a fair bit of it was in 2019 and 2020 but facts are facts.

By comparison my non bitcoin net worth tripled under the first 4 years of Obama after 8 years of stagnation under Bush. Second 4 years under O was also pretty stagnant.