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

[heslo]

Sometimes it pays to come last haha

[BitcoinBunny]

Red sunday incoming

Maybe...    

Maybe not...

For now it holds tight but loose.

It could go for a 2-3 day period of "crash"-ing back to 55K ...

But I do have a strong urge to sell all my bitcoins and start buying sh!tcoins with both hands.          

Dude all the shitcoins get ground into the dirt by Bitcoin in the long run.  Don’t waste your time.

Indeed,
as others have mentioned, the point is to compare to Bitcoin performance, the yellow line on coinmarketcap.
Even a top ten altcoin cannot get back to where it once was in comparison, even without the massive pumping of late.
Thus over a long period of time, what is the point?
Trying to chase 2x, 5x, 10x or more short term is very risky. Maybe you can get lucky, but I'm not even thinking about doing that.

[savetherainforest]

Red sunday incoming

Maybe...    

Maybe not...

For now it holds tight but loose.

It could go for a 2-3 day period of "crash"-ing back to 55K ...

But I do have a strong urge to sell all my bitcoins and start buying sh!tcoins with both hands.          

Dude all the shitcoins get ground into the dirt by Bitcoin in the long run.  Don’t waste your time.

I don't know man.... Its just u'r opinion. .................... But long story short, as I had a tingly feeling from my "spider senses" about bitcoin in December 2009, I have a "spider sense" now about bitcoin.

I joined the cult because I wanted to stick it to the banks. But now that the banks like bitcoin. I just want to move to another coin and force the banks to throw money at those coins all over again till they like those, and then I move to another one. <3 <3 <3 ...      


*edit(): The banks make it feel like an worn down, overused whore.    

[friends1980]

Red sunday incoming

Do you have any rational argument to back up what you say or is this just a hunch?

Its looks like only his wish for a red sunday which is not possible now. I am sure in next week we will hit 60K and above. Remember we have to reach 300,000$ by the end of year so we are right on track.  

It's burstposting Sunday morning again. Only 15 minutes to go before the weekly post count starts. Hurry up and get that shitposting dildo greener!

edit: next post idem dito

[JohnBitCo]

[HairyMaclairy]

Red sunday incoming

Maybe...    

Maybe not...

For now it holds tight but loose.

It could go for a 2-3 day period of "crash"-ing back to 55K ...

But I do have a strong urge to sell all my bitcoins and start buying sh!tcoins with both hands.          

Dude all the shitcoins get ground into the dirt by Bitcoin in the long run.  Don’t waste your time.

I don't know man.... Its just u'r opinion. .................... But long story short, as I had a tingly feeling from my "spider senses" about bitcoin in December 2009, I have a "spider sense" now about bitcoin.

I joined the cult because I wanted to stick it to the banks. But now that the banks like bitcoin. I just want to move to another coin and force the banks to throw money at those coins all over again till they like those, and then I move to another one. <3 <3 <3 ...      


*edit(): The banks make it feel like an worn down, overused whore.    

It’s nice that you want that, but the banks aren’t going to give a fuck about anything except Bitcoin. God knows XRP tried for 8+ years and got nowhere.

[somac.]

For anyone considering selling covered calls, just keep in mind this could be a very expensive decision

There is an outside chance that Bitcoin could go to crazy number this year.  A $3.5k payment for giving away all the upside on a $200k sale in December 21 may not be a very good deal at all. It’s only a good deal if you are happy selling at $200k no matter what.  Because the price could be $500k at that time. In that scenario, you just lost $296.5k in value. 

Yes this is the risk, one has to remember you are doing this for the income and will forgo, if necessary capital gains. However, your example is not the best. Right now you could earn 3.5k on an option with strike price of 60k that expires in 2 weeks (5th March). Or, 3.2k an an option with strike price of 72k that expires in a little of 4 weeks (25th March). These 2 I mention also offer capital gains if the price expires over the strike price.

I would only sell one month options at most.

[philipma1957]

already over 2x page parity 

It will reach 10x page parity before 2023 I bet.

We are aiming for post parity. 

Impossible!

Read my take on gold asteroids

Nasa is going to land on one in 2022.
There is at least 1000x the gold mined on earth on the asteroid.
It is recoverable and can be shipped back to earth.
This means gold loses its value as a storage of wealth,

But gold batteries vs lead batteries weight about the same lead rots and battery dies in under 5 years.
Gold won't rot  the battery will last 100-200 years.

Elon Musk pushing a space travel deal with Nasa= fact
Elon Musk has electric cars  = fact
Elon Musk purchased 1.5 billion Usd worth of BTC  = fact
Ford to go all electric in Europe by 2030
we have about 550,000 posts = fact

If BTC had gold's makes cap it would be worth 550,000 to 600,000 a coin = fact

Many years ago 1880 -1920 cars replaedc the horse and carriage
We may be seeing the electric car replace the gas car asap by 2030-2035

Stick with oil/gas/coal and go the route of the dinosaurs. Or join the space force (trumps idea) and evolve.


So 565k to 600k in under 2 years is not impossible if my case above is what is happening right here and right now.

Stack and hodl your btc.

[LFC_Bitcoin]

@bestbrainb
283 days after the 3rd halving and $BTC is well above $50K

Now that we are at the average growth trajectory, $100K doesn't seem too far away anymore

And at $123K Bitcoin will flip Apple's market cap.

https://twitter.com/bestbrainb/status/1363428651820318720?s=21



@BTC_Archive
SUDDENLY, #BITCOIN  is big.
- Washington Post

That’s the first line of the opinion piece by the Editorial Board. Capitalisation included.
https://twitter.com/btc_archive/status/1363468577328820224?s=21



@Bloqport
New York based eAutoLease announce that it will accept #Bitcoin  and crypto payments for leasing and car sales
https://twitter.com/bloqport/status/1363459859207909377?s=21


@MMCrypto
1 #BITCOIN  IS NOW WORTH MORE THAN 1 KG GOLD!
https://twitter.com/mmcrypto/status/1363467875692994560?s=21

[tertius993]

already over 2x page parity 

It will reach 10x page parity before 2023 I bet.

We are aiming for post parity. 

Impossible!

Read my take on gold asteroids

Nasa is going to land on one in 2022.
There is at least 1000x the gold mined on earth on the asteroid.
It is recoverable and can be shipped back to earth.
This means gold loses its value as a storage of wealth,

But gold batteries vs lead batteries weight about the same lead rots and battery dies in under 5 years.
Gold won't rot  the battery will last 100-200 years.

Elon Musk pushing a space travel deal with Nasa= fact
Elon Musk has electric cars  = fact
Elon Musk purchased 1.5 billion Usd worth of BTC  = fact
Ford to go all electric in Europe by 2030
we have about 550,000 posts = fact

If BTC had gold's makes cap it would be worth 550,000 to 600,000 a coin = fact

Many years ago 1880 -1920 cars replaedc the horse and carriage
We may be seeing the electric car replace the gas car asap by 2030-2035

Stick with oil/gas/coal and go the route of the dinosaurs. Or join the space force (trumps idea) and evolve.


So 565k to 600k in under 2 years is not impossible if my case above is what is happening right here and right now.

Stack and hodl your btc.

Do you mean the OSIRIS-Rex mission?

If so it is already on the asteroid and due to return to earth in 2023, however, it is only targeting bringing back 60 grams of material ... I think it will be a LONG time before there is any commercially viable mining of asteroids ... decades at least.

As far as I can tell (relying on the power of Google) there are no other sample return asteroid missions planned.

Don’t disagree with your assessment of the transition to electric cars ... indeed I am planning what I expect to be my last ICE-car purchase now, however, I don’t think gold will be sufficiently abundant for it to replace lead in batteries in my lifetime.  

Additionally I feel that there are quite entrenched forces that would be against such a transformation in the gold markets.

[savetherainforest]

It seems like some millionaire-billionaire is pumping our favorite sh!tcoin meme again...   

[uninterestedparty33]

For anyone considering selling covered calls, just keep in mind this could be a very expensive decision

There is an outside chance that Bitcoin could go to crazy number this year.  A $3.5k payment for giving away all the upside on a $200k sale in December 21 may not be a very good deal at all. It’s only a good deal if you are happy selling at $200k no matter what.  Because the price could be $500k at that time. In that scenario, you just lost $296.5k in value. 

Yes this is the risk, one has to remember you are doing this for the income and will forgo, if necessary capital gains. However, your example is not the best. Right now you could earn 3.5k on an option with strike price of 60k that expires in 2 weeks (5th March). Or, 3.2k an an option with strike price of 72k that expires in a little of 4 weeks (25th March). These 2 I mention also offer capital gains if the price expires over the strike price.

I would only sell one month options at most.

Options are still hard for me to grasp. As far as I understand the moment you try options, you are 'naked' buying and selling and that is very bad. How do you cover?

[Phil_S]

Nasa is going to land on one in 2022.

Nope.

It is recoverable and can be shipped back to earth.

Nope.

[Poker Player]

I am wondering if there are many bitcoinaires in this thred. I suppose you wouldn't disclose it, but I bet there are already some and that there will be more as price rises.

[bitcoinPsycho]

I am wondering if there are many bitcoinaires in this thred. I suppose you wouldn't disclose it, but I bet there are already some and that there will be more as price rises.

There has been many boating accidents in this thread and many of us have lost the lot

[AlcoHoDL]

I am wondering if there are many bitcoinaires in this thred. I suppose you wouldn't disclose it, but I bet there are already some and that there will be more as price rises.

There has been many boating accidents in this thread and many of us have lost the lot

Too right!

Not counting Kebabs.

[ivomm]

https://thedailychain.com/canadian-bitcoin-etf-attracts-over-400mln-in-investments-in-48-hours/?cookie-state-change=1613919412198

Now the eyes of the institutions are focused on hodlers' bitcoins  

[Phil_S]

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Currently 104,173 bitcoin millionaires.

[xhomerx10]

What's wrong with mainstream media ? Are they falsely reporting these opinion about bitcoin 

 Michael Smerconish is a former Republican turned independent in 2010 - this was an informal poll located on his website smerconish.com - normally his questions get between 7k and 9k responses but it's about as representative of the general public as our formal WO polls.  Hands up if you've ever heard of Smerconish... that's what I thought.  Fuck him for publishing the results of this invalid poll on CNN.  He announced it on his twitter account - sending people to his site with no direct link ie smerconish dot com and giving them one day to vote.

 The funniest part is this:



I thought Stolfi had died.  Huh.

 Good news though.  More corn for us!

[xhomerx10]

Red sunday incoming

You on your period?

 That was awesome.  Merit when I get some