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Question: What happens first?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25251940 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. (157 posts by 13 users deleted.)
Krubster
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February 05, 2021, 11:14:24 AM
Last edit: February 05, 2021, 11:47:58 AM by Krubster
Merited by JayJuanGee (1)

I have watched about 2½ hours of the MicroStrategy Bitcoin For Corporations Day 2 video. So far I've listen to presentations by Binance, Coinbase, Kraken, Stoneridge, Fidelity, Genesis and Grayscale. Listening to these guys is making me so so bullish.

Looks like it is having an effect already.


https://twitter.com/woonomic/status/1357624624549220352

I wouldn't normally spend so much time watching a video like this, but I have not much else to do. I have to spend two weeks in a quarantine hotel upon entering this country. One more week to go!
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Wekkel
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yes


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February 05, 2021, 11:31:51 AM
Merited by JayJuanGee (1)

Good morning everyone and good mood for the whole day!  Kiss
Fillippone can you give me the lasagna recipe? This is a check if you have notifications for mentions.

Warren Buffett:  Athletes and celebrities are withdrawing money from US stocks to invest in bitcoin and cryptocurrencies.

Bill Gates:  This is dangerous. What happens if institutional investors sell berkshire hathaway stock to buy BTC.

Warren Buffett:  You and I would lose mountains of wealth my friend.

Paul Krugman:  May I propose rebranding US stocks to be more competitive with crypto. Holders of bitcoin like to feel they're fighting the power and sticking it to the man.

Paul Krugman:  Perhaps we can fool them into believing that pouring their money into stocks, which benefits wallstreet, will actually hurt wallstreet in some way.

Paul Krugman:  I know this guy called wallstreetbets who might be interested.

Warren Buffett:  We must do something to prevent capital flight from US stocks from migrating into cryptocurrencies. Make it happen.

Perhaps side tracking this for a bit, but my eye fell on the most recent article of Ben Hunt: https://www.epsilontheory.com/hunger-games/

While Ben has a way with words, I don't think everyone appreciates the 'wordy'-ness of his articles and the high esoteric lines he draws from the material causing the article to be written. Anyway, I found this particular article to miss a compelling message, namely, what should WSB actually do to make WS' life hard. The article sets us up for a grand answer but then completely fails to deliver. And that the system is rigged/corrupt is not a surprise either. I don't see the described paradigm shift.

But I mention it because it touches upon the element of 'flow'. And flow is very important.

Not the number (the price) is relevant, but the flow. If the flow stops, the system stops.

The Spice Must Flow.

It's flow that the Empire needs. If the Empire's flow is hampered by cryptocurrency, we can expect push back. And that brings us to the little imaginary conversation between Old Titans. The suggestion to tweak US securities/Treasuries just to maintain the flow  Grin

Remember the flow. If the flow goes down, the sh* will hit the fan.
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February 05, 2021, 12:29:41 PM
Merited by philipma1957 (1)

in b4 the dump
vapourminer
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what is this "brake pedal" you speak of?


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February 05, 2021, 12:54:12 PM
Merited by philipma1957 (1), BobLawblaw (1)

in b4 the dump

in b4 50k
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One of the world's leading Bitcoin-powered casinos


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February 05, 2021, 01:08:05 PM
Merited by DeathAngel (4), yefi (1), Torque (1), d_eddie (1), BobLawblaw (1)

I’ve read one book since I left school which was over 15 years ago (and that was Steven Gerrard’s autobiography).

I thought it was time to educate myself more on one of the most important things in life.

Look what just arrived Wink



Globb0
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Free spirit


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February 05, 2021, 01:25:47 PM
Merited by LFC_Bitcoin (2)

I’ve read one book since I left school which was over 15 years ago (and that was Steven Gerrard’s autobiography).


The book with the mosts likes in the world!

There was like a football like and I like kicked it like.     Cheesy


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February 05, 2021, 01:28:27 PM

I'm an old school power user. PC Energy and resources were precious back then, pretty much everbody of my type coded and used their PCs responsibly in terms of efficiency. Today it's so much not the same.

I think I'm in the same boat. Old school. Plain black desktop. Very few apps installed. Never used the Microsoft Store (yes, for Windows 10), and hacked away at the OS it doesn't phone home or update unless I manually do it.


I’ve read one book since I left school which was over 15 years ago (and that was Steven Gerrard’s autobiography).

I thought it was time to educate myself more on one of the most important things in life.

Look what just arrived Wink



I listened to one of the episodes on his podcast "The Bitcoin Standard podcast" which was on spotify (and probably a lot of other places too), check out Episode 25: Time preference.
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I fix broken miners. And make holes in teeth :-)


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February 05, 2021, 01:32:01 PM

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February 05, 2021, 01:41:37 PM
Last edit: February 05, 2021, 02:14:10 PM by True Myth
Merited by JayJuanGee (1), LFC_Bitcoin (1), smracer (1), rolling (1)

Good morning fellow WOs.  Chart with random lines and shit TA incoming...

Bitcoin was unable to maintain the main channel but, I attribute this to the Musk mini pump effect. The price has been bouncing around the 2 lower trend limits at a steady pace.

I'm thinking that we may continue to bounce back and forth between these two lower limits with a steady increase back to the last ATH.  Potentially, a bit less volatility in the coming days and more steady growth back towards the last ATH.  

My guess is when we break the last ATH we will see a spike that will push us back into the main channel for an extended period of time.  If we continue on the above mentioned pattern, we should see a breakout to the main channel and breaking of the previous ATH on February 14th.

***EDIT price target for 2/14 is $48,500


brokedummy
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February 05, 2021, 01:51:46 PM


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.
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February 05, 2021, 02:07:59 PM
Merited by JayJuanGee (1)

Feels like we’re bubbling under the surface. I expect an explosive breakout before March begins. This is my first post in this section but I’m well aware this is the thread to be, where all the OG’s at. $100,000 this year is close to a guarantee I think. Really excited for that, hope you guys bring the memes, rockets, trains & make us all smile.

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what is this "brake pedal" you speak of?


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February 05, 2021, 02:09:05 PM
Merited by JimboToronto (1)


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

and you registered in 2013? you should be immune.
True Myth
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February 05, 2021, 02:11:46 PM
Merited by vapourminer (1), jojo69 (1)


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

Username checks out  Cheesy
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Let's LASER together #DUDEphilosophy


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February 05, 2021, 02:26:35 PM


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

Wtf.... most weird and complete OFF post I have read the last days...

Hhampuz
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Meh.


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February 05, 2021, 02:29:17 PM


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

Wtf.... most weird and complete OFF post I have read the last days...



Haha.. Hodlers hurting as of late, damn dumps!!
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February 05, 2021, 02:36:08 PM
Merited by lightfoot (2), Gyrsur (1), BobLawblaw (1)




philipma1957
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February 05, 2021, 02:39:08 PM

in b4 the dump

That is why your name is perfect for you.
brokedummy
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February 05, 2021, 02:42:53 PM


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

Wtf.... most weird and complete OFF post I have read the last days...



I'm just getting sad in advance, we'll be at 35,000 and doge will be at a dollar and I'll still be a brokedummy
GbitG
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February 05, 2021, 02:59:04 PM


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

Wtf.... most weird and complete OFF post I have read the last days...



I'm just getting sad in advance, we'll be at 35,000 and doge will be at a dollar and I'll still be a brokedummy
I OK with 35,000$ Bitcoin but not sure about Dogecoin could be 1$ because currently few are pumping as they achieve their target then its going to be normal.
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February 05, 2021, 03:45:36 PM


Don't get me wrong I'm happy to be wrong. Just a frustrating market for hodling with constant dumps on every rise and  other coins mooning everywhere.

Wtf.... most weird and complete OFF post I have read the last days...



I'm just getting sad in advance, we'll be at 35,000 and doge will be at a dollar and I'll still be a brokedummy
Don't worry bro ,  we are on track and I'm happy with even 100k by the EOY.

https://twitter.com/danheld/status/1357705845027590144

PS: Please don't hate Doge or Elon some of us sold the top Grin Grin (not @savetherainforest tho  Embarrassed
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