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

[vroom]

sleepy $1000 raises. such boring, no wow.

[El duderino_]

bitcoin is sleepy,
just like WO is.
come on, do something!

been out all weekend
spending time with family
in the freezing cold.

about to warm up
with some freshly brewed coffee
and look for some walls.

#haiku!sunday

There will be some fun.
Time for a midnight cock out.
At planet HODLnest.

[AlcoHoDL]

buying 0.007 BTC ($250) seems a bit strange...

I'm a gay dude sent here from Planet Anus, to make everyone on Planet Earth homosexual, ushering in the Age of Aquarius.

How DARE YOU talk to me about strange.

If I had your corn I wouldn't mind being a degerate, filthy, COVID-infected gay (can I be Bi?), rusty pipe included. Yes, I admit it, I'm a BTC whore, I'd do anything for corn.

[serveria.com]

Meanwhile observing some uppity... 

[serveria.com]

buying 0.007 BTC ($250) seems a bit strange...

I'm a gay dude sent here from Planet Anus, to make everyone on Planet Earth homosexual, ushering in the Age of Aquarius.

How DARE YOU talk to me about strange.

If I had your corn I wouldn't mind being a degerate, filthy, COVID-infected gay (can I be Bi?), rusty pipe included. Yes, I admit it, I'm a BTC whore, I'd do anything for corn.

"Everyone has a price"
Pablo Escobar 

[d_eddie]

This ^^ at the expense of the dollar.

Read the following outlook for an easy to follow syntheses of all this: https://themarket.ch/interview/louis-gave-inflation-will-come-back-with-a-vengeance-ld.3307

Excellent piece IMO. It voices doubts the keen observer may already have started to nurse, in plain language with a bird's view.
Thanks Wekkel.

+1 WOsMerit

[OutOfMemory]

buying 0.007 BTC ($250) seems a bit strange...

I'm a gay dude sent here from Planet Anus, to make everyone on Planet Earth homosexual, ushering in the Age of Aquarius.

How DARE YOU talk to me about strange.

If I had your corn I wouldn't mind being a degerate, filthy, COVID-infected gay (can I be Bi?), rusty pipe included. Yes, I admit it, I'm a BTC whore, I'd do anything for corn.

rusty pipe for corn?
i had to read it twice, man.
looks like an offer.

 

Bitcoin sleepy is usually good.

You can't wake it up if it isn't sleeping 

[fillippone]

https://twitter.com/kenoshaking/status/1350318604521271297

Why follow a strange Twitter account when your fellow Italian Stallion has been doing that for ages?

Everything you wanted to know about Grayscale BTC Trust but were afraid to ask!

[Hueristic]

buying 0.007 BTC ($250) seems a bit strange...

I'm a gay dude sent here from Planet Anus, to make everyone on Planet Earth homosexual, ushering in the Age of Aquarius.

How DARE YOU talk to me about strange.

If I had your corn I wouldn't mind being a degerate, filthy, COVID-infected gay (can I be Bi?), rusty pipe included. Yes, I admit it, I'm a BTC whore, I'd do anything for corn.

Sounds like a salmon slapping offer, I guess I could chip in for that but I'll be damned if I'll watch that video!

[samson]

Just a hunch but I have a feeling the price might rise by between around ~$1.8 and $2k in the next 90 minutes to turn the weekly candle green.

It was at that level less than 2 hours ago - so it's very possible and 'paints a nicer picture'....

[cAPSLOCK]

BREAKING: Financial powerhouse Goldman Sachs to offer #crypto custody as early as 2021!

https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source

Wait... Crypto custody is a case of not-your-keys, right?

The thing about custody is that it's guaranteed, often backed by insurance.

This is how their Institutional Fractional Reserve System will make inroads.


EDIT: machasm beat me to it.

What’s to stop banks from running fractional reserve practices on our Bitcoin and putting us back in the same shithole Bitcoin was designed to get us out of?

I think the answer is it is Russian roulette.  Bitcoin is an instantly transferable bearer asset.  There is NO lender of last resort.

And of course no one HAS to use these services.

[Hueristic]

BREAKING: Financial powerhouse Goldman Sachs to offer #crypto custody as early as 2021!

https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source

Wait... Crypto custody is a case of not-your-keys, right?

The thing about custody is that it's guaranteed, often backed by insurance.

This is how their Institutional Fractional Reserve System will make inroads.


EDIT: machasm beat me to it.

What’s to stop banks from running fractional reserve practices on our Bitcoin and putting us back in the same shithole Bitcoin was designed to get us out of?

I think the answer is it is Russian roulette.  Bitcoin is an instantly transferable bearer asset.  There is NO lender of last resort.

And of course no one HAS to use these services.

Goldmann Ballsacks is the quintessential Institutional highway barons, They have all the politicians family's working for them. They are the true insiders that write their own laws to make their scams legal.

The sheeple will use it because they will make it easy for them while keeping it nigh impossible with ACH transfers and the like just to use any other exchange while they squeeze all those private exchanges that don't bend over like Coinbase. And of course all the Network Media will be shilling for them all the while.

[philipma1957]

https://www.advisorperspectives.com/articles/2020/12/16/albert-edwards-the-10-year-yield-is-heading-to-zero

Wouldn't it be funny, if many many years from now, the US Govt needs to start buying BTC to start paying off it's debt ?

If they were smart they would start to buy some right the fuck now.

[vapourminer]

https://www.advisorperspectives.com/articles/2020/12/16/albert-edwards-the-10-year-yield-is-heading-to-zero

Wouldn't it be funny, if many many years from now, the US Govt needs to start buying BTC to start paying off it's debt ?

If they were smart they would start to buy some right the fuck now.

and they auctioned off all that silk road stash back in the day. what was the price they got? heh

edit: looks like (roughly i havent checked figures) 144k btc sold for 48 million. ~$330 USD per btc  lulz.
https://fortune.com/2017/10/02/bitcoin-sale-silk-road/

[smartcomet]

https://twitter.com/kenoshaking/status/1350318604521271297

Why follow a strange Twitter account when your fellow Italian Stallion has been doing that for ages?

Everything you wanted to know about Grayscale BTC Trust but were afraid to ask!

Just give a little support for Hodlers and weak hands in this tiny bitcoin winter, and thanks for your contribution because i have watched the thread since page 2.

btw, dont know the twitter account ,just sombody else liked that.

[Biodom]

https://www.advisorperspectives.com/articles/2020/12/16/albert-edwards-the-10-year-yield-is-heading-to-zero

Wouldn't it be funny, if many many years from now, the US Govt needs to start buying BTC to start paying off it's debt ?

If they were smart they would start to buy some right the fuck now.

History shows that they don't know when to sell and when to buy.
UK (HM Treasury) sold all their gold at around $200/oz and by so doing pretty much made the long term bottom in gold prices.
Right now, you can only snicker thinking about their 'rationale' at the time.
So..don't expect them to buy until, maybe 500K/btc or so.

[BobLawblaw]

Off in the distance, I hear the sound of millions in shorts being rekt RN.

[jojo69]

[bitebits]

Dared to peek here again now that the daily new page count is dropping. Real life can be time consuming from time to time, sucks.
Can I please get a quick summary over the last 100 pages? Up, down, sideways perhaps? Thank you.

[El duderino_]

Just a hunch but I have a feeling the price might rise by between around ~$1.8 and $2k in the next 90 minutes to turn the weekly candle green.

It was at that level less than 2 hours ago - so it's very possible and 'paints a nicer picture'....

Lil'question, that name samson, what is it referring to? In Belgium we have a famous samson, a dog for children ...



^This one.

Actually that man besides him started that show and I think his now the most earning character "man" in Belgium, LoL started with this lame children tv show and grew very big, got his own studio, shows etc Even talked about BTC in a show a while back "previous bullrun" don't remember his point of view anymore.