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

[True Myth]

Bitcoin down $1,000.  Is it dead now? 

[OutOfMemory]

While cars is on the subject. The thing is, it just doesn't interest me... None of those material things does, such as jewellery, watches etc. I have no desire to show off. It will only attract undesired attention to me. I think I will just stick with my 8 years old Volkswagen for now.

For me it is more of a passion.  Nothing like the sound of blasting through gears in a nice turbo car.  I don't care if people are looking at me, it's more about me and having my "me time".

I rather not mess up the seats of my car in public places in my "me time"  

Bitcoin down $1,000.  Is it dead now? 

We're poor. again.

Good that the price stopped going up, now i can get my
#hodlsleep

[smartcomet]

https://twitter.com/Croesus_BTC/status/1358867488021307397

[Krubster]

While cars is on the subject. The thing is, it just doesn't interest me... None of those material things does, such as jewellery, watches etc. I have no desire to show off. It will only attract undesired attention to me. I think I will just stick with my 8 years old Volkswagen for now.

For me it is more of a passion.  Nothing like the sound of blasting through gears in a nice turbo car.  I don't care if people are looking at me, it's more about me and having my "me time".

Yes, I get that. If it's a genuine passion, I'm all for it. For me it's just a means of transportation to get me from point A to point B.

[Krubster]

For the history books...

https://twitter.com/BTC_Archive/status/1358527604224102405

<tinfoil hat>So that's the reason Elon is pumping Doge, trying to get attention off bitcoin so he can buy them on the cheap</tinfoil hat>

11min later

Mega-pump in progress.

$40k conquered (again).

ATH imminent.

Yes, I timed that post pretty well.  

*edit: This also aged pretty well. No more predictions for me, better stop while I'm ahead. 

It looks like our consolidation is about to end. I think we are in for a big move any day now.

We already broke out of the triangle. We also just recently had a golden cross on the 6H EMA 21/55. That has happened two times before since this bull run started in October last year, and see what happened to the price after that (see the arrows on the charts for when that occurred).



Let's see how well this prediction will age. Hodlers unaffected as always.

[lightfoot]

Yes, I get that. If it's a genuine passion, I'm all for it. For me it's just a means of transportation to get me from point A to point B.

That works. I'm not really looking for show when it all comes down to it, I want something that will give me a quiet happiness. Fun car gives me happiness cuz I drive a fair bit. Nice pocket watch gives me happiness because the gold feels tangible and the construction is a thing of beauty. Trip with the family gives me happiness because it's an experience. Doing something new gives me happiness. A plane *might* give me happiness, not sure about that one.

Debating on *massive weekend bender in Vegas or Monaco with WO people* would bring me happiness. It might, I wonder about that sometimes.

[freedomno1]

I capitulate before Elon musk we are off to the races 50K to 100 here we go

[marcus_of_augustus]

... thinking about an upgrade, but when I swapped my bicycle for this piece of crap it saved me couple hundred btc back in the day ... onto my 10th set of tires 

... and the roof's leaking in the garage so better if the vehicle is half dead already until i finally get some of my old shack fixxer-upper fixed up ... just spending any btc seems nutz too me.

[marcus_of_augustus]

just kidding, I sold everything I owned and put it in btc ... who needs material things for happiness in a digital world anyway?

[Krubster]

Yes, I get that. If it's a genuine passion, I'm all for it. For me it's just a means of transportation to get me from point A to point B.

That works. I'm not really looking for show when it all comes down to it, I want something that will give me a quiet happiness. Fun car gives me happiness cuz I drive a fair bit. Nice pocket watch gives me happiness because the gold feels tangible and the construction is a thing of beauty. Trip with the family gives me happiness because it's an experience. Doing something new gives me happiness. A plane *might* give me happiness, not sure about that one.

Debating on *massive weekend bender in Vegas or Monaco with WO people* would bring me happiness. It might, I wonder about that sometimes.

Definitely. Whatever brings you happiness. Never stop following your dreams. Traveling and experience new places and cultures is one of my passions. That brings me happiness.

[cAPSLOCK]

I don't think this changes my proven analysis one bit. The complicated math doesn't lie, and I'm as certain as ever bitcoin will be worth much, much, much less before the end of the year once this fever breaks.

How much less does the science say?

3x?  4x less?  Or do you think we could see even a 10x, or god forbid a 20x less?  No.. that's impossible isn't it?

[savetherainforest]

for those of you hoping sars-cov2 is going to go away there is some possible bad news ahead. Vaccines might be only 10% effective against the new strains, that seem to 'evolve' on a timeline curiously just out of reach for vaccine development

it is possible the new vaccine variant rollouts every 9 months will make big pharma stupendous profits for 5-10 years at least, ( they found over 2k bat coronaviruses in the cave in Yunnan for future reference, and can dial in any old spike protein you like in the Wuhan lab of virology, and who really knows what Mother nature will throw up when you open that Pandora's Box and let it run wild in humanity for a decade??)

and in case the plagues are not depressing enough for you here's something to sober you up properly.

the historical schedule with a progression of plagues, civil unrest, political extremism, monetary upheaval, currency wars, trade wars and finally hot war has escalated to the product hoarding and blockade stage (china has now raided the grain markets and ceased semi-conductor exports).... hot wars are a very real possibility in the near future " when goods stop crossing borders armies start crossing borders"

And remember, a patient cured is a customer lost. ~big pharma
Quick!

To be honest.... As long as you f^ckers plant those trees that I keep telling about... at least 10% of your holdings of Sats. Then I'm happy, no matter the coin type you hold. I'm not asking 100%, even if some of you can do an eco project with u'r kids by sprouting a few Pine Cone seeds and maybe some Acorn seeds. But yeah, sprout a few trees each year and then plat them on peaks of hills so they can multiply downhill with some more seeds.


*edit(0): cuz even the world ends in a "Citadel Nuclear Holocaust", at least you will leave a green planet behind.

[JSRAW]

19th ATH since the 3rd halving. RIP bears


"ATH's typically come in bunches.  From Dec 16th through Jan 8th there were 17 ATH's in 24 days."

https://twitter.com/ChartsBtc/status/1358941872983474176

[OROBTC]

I don't think this changes my proven analysis one bit. The complicated math doesn't lie, and I'm as certain as ever bitcoin will be worth much, much, much less before the end of the year once this fever breaks.

Welcome back.  Merited for interestingness.

[savetherainforest]

19th ATH since the 3rd halving. RIP bears


[...]

Hey!!!! Look at the fall of the price after each cycle!!!!! Its almost like it is flattening and the dip for the bears after each bull run is becoming less and less of a dip. Looks like an "Adoption Curve".

[600watt]

bummer.
glassnode no longer let's unregistered or simple users view liquid/illiquid supply graphs and numbers  

well then, take one for the team, mate...   

[Biodom]

planB, who now quit planA:

https://twitter.com/100trillionUSD/status/1357638054815621122

Just look on those graphs and current tracking. Oh, my.

[600watt]

I have almost that exact same image on a different window.

Going for the model X though. Same color.

Yeah it's pretty. Why the X over the S if I might ask?

Preparing for a future family.

model X is kind of understatement from outside, which i like a lot. inside it is fkn huuuuge.  (i always hated car fumes, made me sick all my life starting from childhood. always annoyed me, inducing nausea. the combustion engine might be a well engineered kind of achievement, but all the oil, stinking fumes, the grime/smut... disgusting... really disgusting... - now, this Tesla is clean like a fresh pack of shiny white handkerchiefs. and absolutely no sound...  rides very smooth.  )

and on top of it all, event hough it is a family car, it accelerates like a beast in less than 3 sec to 100km/h.  if i push ludicrous mode it pulls so hard that my glasses are pushed over my head. no joke. i showed some friends, after two rounds we had to stop, sweating soaking wet. the acceleration is ... hard to describe. my 911 feels like a snail compared to it.  i dont think there are many regular of the shelve cars out there that could beat a model x. maybe none.

ok, sorry for my model x shilling.


btw: congrats elwar regarding your plan. kids are the answer. good times ahead for you!

[600watt]

https://twitter.com/Croesus_BTC/status/1358867488021307397

this is the most important info-graphic i have seen since the first bitcoincharts. THAT IS WHAT is happening folks. please merit this guy, i am out of merits.

value is 100% analog, but we are living in the digital age! all value that has been collected in the past centuries is still analog. bitcoin is the only save valve for ALL the analog value to enter the digital realm. forget your TA. forget the charts. this is beyond fibs and any models. this is a seismic, once-in-history shift of value to the digital era. 

the trillions are waiting to enter bitcoin. bam!

[ElBinBit]

https://twitter.com/BTC_Archive/status/1358527604224102405

<tinfoil hat>So that's the reason Elon is pumping Doge, trying to get attention off bitcoin so he can buy them on the cheap</tinfoil hat>

For some reason, I am sure that Elon bought Bitcoins in March 2020! And just now said it.