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

[sirazimuth]

Bawwwwb!!!! ^^^
 

You actually have Marcus off ignore? Man if I get dick in ass pictures due to people who are easily killfiled I'll be annoyed.

I need the gaping asshole to *mean something*

Hey be nice to Marcus!...he's OG man!
Besides, I'm still trying to decipher that squiggly confounded avatar of his.... And he refuses to cooperate....

[marcus_of_augustus]

30,000 troops surrounding the "capital of democracy" and that shining shithole of "freedom" and everything that is corrupt, Washington D.C. as it annoints it's new Deep State Emperor

... and censorship by way of homo animes, welcome to the USSA, reap what you sow sheeple.

  Come on marcus!  You're far too serious about your right to free speech to feel censored by the mere threat of Bob exercising his right to free speech.  Also, we're Bitcoinists - the very antithesis of sheeple.
  

take a look around dude, you surrounded by commie wannabe sheeples ... sheriffed by some gay drama queen who threatens a nervous breakdown if he isn't the center of attention continually having his feathers stroked ... it's a liberal paradise, that smells a lot like queer ass ... have fun!

bitcoins have been taken over by the sheeple but thanks for all the fish.

[Torque]

Reasoned piece in NYM: https://nymag.com/intelligencer/amp/2021/01/why-is-bitcoin-making-new-all-time-highs.html?__twitter_impression=true

Key quotes:

The entrepreneurs working to make cryptocurrency easier to acquire, hold, and transact with have been working diligently to improve this financial plumbing in anticipation of a full-scale monetization event. Today, it seems that this moment may be upon us.

The first time, your interest may be piqued, but you are wary of buying into something that looks like a bubble. The second time, you realize that what you mistook for a bubble was in fact a cyclical process in a longer-term trend.

Personally, I think the story is far from done and that this revolutionary digital asset still has a long way to run.

Good stuff. Don’t sell cheap  

Can't wait to read the MSM headlines 20 years from now:

"Bitcoin still in a 30 year bubble that's about to burst"

"Bitcoin plunges 20% to just under $5,000,000 within minutes, now in a bear market"

"Peter Schiff says Bitcoin still going to zero, buy gold"

[Searing]

Guys ('n' gal), this is fine.

We are virtually pinned to $36k for a while now. Yes, it's boring. Yes, we want higher. But, just pause for a moment, and think. $36k. This is a stellar value. Remember that we were at $16k not too long ago. This is a 125% increase in two (2) months! Have we become too greedy?

The fact that the price holds strong above $30k should make us all ecstatic. Sure, we all liked it when it reached $40k+, but there's no need to rush it. GTCTTWW. Patience and HoDLing will reward us all very soon. We've waited patiently for 3 years, what's another 6 or 12 months?

Not selling a single sat.
May even buy some sats (already regretting that I did not, when we were at $16k).

HoDL.

$9.244.47 July 13th, 2020 www.coinmarketcap.com.

$36,527.17 Jan 18th, 2021 www.coinmakertcap.com.6 months and 5 days.

3.951245447278211% increase

So I HODL. Because if it does even 1/4 increase of the above in the next 6 months I will be friggin ecstatic!

Brad

[True Myth]

Three legged dog forming on the 30m chart signifying the next 24 hours being critical.  If the volume drops off but, the buy pressure increases it could be catastrophic however, if the 1 hour chart picks up on sell pressure while maintaining inverse, reactive movement in a unilateral wave phase it could mean that I have no idea what I'm talking about.

steady ahead

[OutOfMemory]

Reasoned piece in NYM: https://nymag.com/intelligencer/amp/2021/01/why-is-bitcoin-making-new-all-time-highs.html?__twitter_impression=true

Key quotes:

The entrepreneurs working to make cryptocurrency easier to acquire, hold, and transact with have been working diligently to improve this financial plumbing in anticipation of a full-scale monetization event. Today, it seems that this moment may be upon us.

The first time, your interest may be piqued, but you are wary of buying into something that looks like a bubble. The second time, you realize that what you mistook for a bubble was in fact a cyclical process in a longer-term trend.

Personally, I think the story is far from done and that this revolutionary digital asset still has a long way to run.

Good stuff. Don’t sell cheap  

Can't wait to read the MSM headlines 20 years from now:

"Bitcoin still in a 30 year bubble that's about to burst"

"Bitcoin plunges 20% to just under $3,000,000 within minutes, now in a bear market"

"Peter Schiff says Bitcoin going to zero, buy gold"

"Ethereum 4.0 today over $2.000! New ATH!" 

[serveria.com]

30,000 troops surrounding the "capital of democracy" and that shining shithole of "freedom" and everything that is corrupt, Washington D.C. as it annoints it's new Deep State Emperor

... and censorship by way of homo animes, welcome to the USSA, reap what you sow sheeple.

Oh noes, poor guy just bought a one way ticket to Planet Anus! Rustyyyyyy!  

P.S. Just to remind you guys: last time Bawb called Rusty on himself... quite (un)expectedly this encounter ended with emm... well you know... look it up in WO history if you're curious... 

[Wekkel]

I’m bearish by nature. So I see potential declines everywhere. Bitcoin usually punishes me for that. A bearish TA thing on a Bitcoin chart means nothing to me anymore. We all learn.

[serveria.com]

I’m bearish by nature. So I see potential declines everywhere. Bitcoin usually punishes me for that. A bearish TA thing on a Bitcoin chart means nothing to me anymore. We all learn.

You see these bearish TAs don't work during a bullrun....  get used to it. This year then next top in year 2025! 

[True Myth]

I’m bearish by nature. So I see potential declines everywhere. Bitcoin usually punishes me for that. A bearish TA thing on a Bitcoin chart means nothing to me anymore. We all learn.

You see these bearish TAs don't work during a bullrun....   get used to it. This year then next top in year 2025!  

10% of the time, TA works every time.  Except when it doesn't.  But, the "three-legged dog" never lies when followed by a "crying buffalo".

I'm making this shit up as I go

[fillippone]

Before you read it elsewhere.
Fasten your seatbelts guys.

On January 18 Grayscale added 16,244 BTC to their Bitcoin fund!



More than 600,000,000 inflows on a single day.
Highest BTC inflow ever.
Highest USD inflow ever.
More info here, on my GBTC Observer thread.

[JayJuanGee]

Sorry, I removed part of the thread for easier quotation.

Selling 20mil (in the example) would result in an enormous tax bill, which essentially defeats the purpose, IMHO.
I am waiting for a situation where you can reliably get either interest on btc instead or get cash loans in lieu of btc.
Once the field moves to include large institutional players for custody and loans (like Fidelity, etc)-that's a better idea...plus maybe selling all forks this Fall-Winter.
Basically...you don't have to sell. I keep saying this, but nobody seems to listen.

EDIT: I wonder when we will have 8% (on the way to above 15%) interest rates on 30-year again. Maybe in 5-10 years, unless CPI will start going up truly crazily.

Just the bit in bold .. depends totally on your personal situation, you cannot generalise like that.

How long are you prepared to wait for that situation to come to pass?  Til you are 60 ... ? ... what if you are 60 today ... 65 ... 70?

There are any number of situations where it might be appropriate to cash in some and use it for, well whatever ...

the point is not that you have to wait to sell until certain age...the point is that there are other methods (used by wealthy), apart from selling to get needed cash.
You don't f-ing sell the best asset of the millenium...or at least, you shouldn't. This was not my original position, but I learned along the way.

You misunderstand what I am saying I think .. you said “I am waiting for a situation where you can reliably get either interest on btc instead or get cash loans in lieu of btc.” ... so something that you cannot do today.  So you (and everyone else) has to wait for that to happen ... my point is how long are you going to wait?  Each person is different and their willingness or ability to wait is also different.

A person who is already later in life will have a different perspective from a younger person ... the best asset of the millenium is no good to me dead!

I continue to have some difficulties understanding some of the thinking about don't sell no matter what and you can never have enough BTC.. and in some sense, these kinds of ideas seem to be coming from people who either do not have hardly any wealth or they retain a kind of scarcity mindset in terms that they are kinds of hoarders in terms of worrying that they never have enough.

Seems to me that there should be various points that guys (and gal) realize that they have enough, more than enough or way more than enough. 

Of course, each person should be attempting to figure out these balancing matters for their lil selfies... and even if bitcoin has gone way up or might have less upside potential than it did when it was in the three digits (sub-$1k), bitcoin seems to have considerable fundamentals to remain serving as a big ass asymmetric bet... so in that sense, you really do not need to invest high amounts of value in order to have bitcoin serve as a great investment... 1% to 10% remains decent amounts.. and of course DCAing remains prudent and likely to be ongoingly profitable too.. so long as you have a decently long investment time horizon of more than 4 years but longer is even better.

At the same time, if some folks may have over invested in bitcoin (beyond the 1-10%) then it may well not be bad ideas to shave off some profits as the BTC price increases.. and especially if you are decently in profits or if BTC starts to become very high percentages of your total investment portfolio.. mostly due to BTC price appreciation.

[philipma1957]

Just a reminder, that any political talk about any US political figures, will be met with "tastefully" censored, horrible, awful yaoi, within this thread.

Let us keep our eye on The Corn, and not get distracted by the fall of Western Civilization.

Word. I agree to take this pledge as a temporary measure to help restore sanity in the WO.

I'm leaning toward nothingburger. We'll know one way or another in less than 48 hours.

Bottom line is we will all be dead in 100 years or less.  We have better things to do then root for the left or the right.

As The Who sings "...meet the new boss same as the old boss..."

Frankly Biden or Trump = heads or tails on the same coin.


I propose all political posts should be followed by




Please note found it on a bing search

[marcus_of_augustus]

https://twitter.com/smdiehl/status/1350869944888664064

Let's discuss the environmental cost of bitcoin. Because despite all the push for sustainable and green investment in the tech sector, there's a giant smoldering Chernobyl sitting at the heart of Silicon Valley which a lot of investors would prefer you remain quiet about.

...

TLDR on bitcoin economics: It's a pyramid-shaped investment scheme backed by the collective delusion that value can created out of nothing by convincing greater fools to buy it after you do.

...

Stephen, this is really bad, how can I help change this?

* Don't buy bitcoins.
* Tell friends not to buy bitcoins.
* Consider ethics of holding dirty companies ($MSTR, $SI, $SQ, $PYPL, Coinbase) in your portfolio.
* ... and products (funds, ETFs, etc) with crypto exposure.

/fin

...

As a final aside, this is very politically solvable. In the next administration Biden could stop the Bitcoin Waste Problem with the stroke of a pen.

Banning US persons from trading these digital investment contracts is well within the powers of executive branch.

/done

own it, commies hate bitcoins ... but they will stuff them down their own greedy throats, that's how it was designed. Political monies is what the communists' false hopes, promises and lies are based on, bitcoin kills that once and for all. We are in the "commie free shit army adopting bitcoin" phase, you can tell by how much whining and do-nothings looking for a free ride posting here.

[marcus_of_augustus]

30,000 troops surrounding the "capital of democracy" and that shining shithole of "freedom" and everything that is corrupt, Washington D.C. as it annoints it's new Deep State Emperor

... and censorship by way of homo animes, welcome to the USSA, reap what you sow sheeple.

Oh noes, poor guy just bought a one way ticket to Planet Anus! Rustyyyyyy!  

who the fuck are you, you little pissant? ... fancy some pen. testing for your OpSec models?

[birr]

ooh, you said penetration.  Huh huh

[BobLawblaw]

Bawwwwb!!!! ^^^

Not taking the bait. That shit is hilarious.

[Paashaas]

[nutildah]

Found inside Block 666,666:

[josegines]

This graph is false, BTC will also be in the hands of a few hands, because today, the vast majority of the population still does not have BTC and when they want to buy it, they will only be able to buy a few satoshis.