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

[Gyrsur]

Light it up

$100k+ coming in 30 days

let's see what will happen in the coming days.

[LFC_Bitcoin]

Light it up

$100k+ coming in 30 days

For real?
Bro, I could kiss you if that happens #nohomo


I think $100,000 Q3 or Q4 2021 though.

[El duderino_]

https://twitter.com/goingparabolic/status/1369694691382472705?s=21

Mmm moon-ish charts

[ivomm]

Observing 56999. 57025. 57095. 57143 ... bah.. nevermind, NGU.

TOP DEFINITION
NgU
Acronym for “Number go Up”. This is the technology employed by Bitcoin (orange coin) to make everyone, who understands freedom money, rich as fuck.
The fact that the federal reserve literally prints USD at an exponential pace, while bitcoin has a capped supply of 21 million equals NgU!
by Voltzroad December 20, 2020
https://www.urbandictionary.com/define.php?term=NgU

[Biodom]

If you cross reference all of this criteria, you'll find that it narrows it down to about a half dozen states at most.

This is fun stuff. I would personally place a high value on a functioning government: The recent experience in Texas pointed out that you can have a wonderfully independent rancho apocalypse that insulates you from government stupidity however it puts you on a high value target list for your freezing and starving neighbors.

I prefer to live in an area where I don't have to evaluate my neighbors based on their caloric content. Mostly because that's a lot of un-needed stress.

I'm pretty sure the Texans didn't kill and eat each other during the blackout.

true, but we lost 58 people, which is 58 more that we should have.

One curveball I'll throw out is that due to the pandemic people are fleeing the big cities leaving apartments and condos at extremely low prices. Just from an investment standpoint it may be wise to buy something downtown New York in the heart of tyranny. <snip>

It ain't happening to the extent that prices are precipitously lower.
If they are or will be-I am up for a NY apartment (instead of previously discussed London).
NY will stay NY, "tyranny" or not.

OT: Me observing the second GME short squeeze/ bubble thingy...

hopefully it would be above $350 soon, so my adventurous progeny can sell his small bag (more like a purse).
EDIT: he he...market "knows" his price-dropped like a hot potato from $347 to $216248ish.

[Arriemoller]

OT: Me observing the second GME short squeeze/ bubble thingy...

Is that happening again?

[Arriemoller]

Our planet has seen no less than 4 or 5 ice ages. It will come again. They say the climate change will make everything melt too. Better be prepared to live at both extremes. I would personally find it nicer to live in a colder country as most homes can be easily insulated and heated.

Yeah, but shoveling the driveway and getting snowed in has a very limited entertainment value.

Snowblower on your tractor and a warm fireplace insert makes this a lovely weekend.

It can be very nice, I agree, but you get tired of that real quick, take my word for it.

[Biodom]

OT: Me observing the second GME short squeeze/ bubble thingy...

Is that happening again?

Looks like it is over again (from $347 to $216 today).
There is something funny about this stock...lol.
I am so happy that wsb does not care about bitcoin.

[OutOfMemory]

OT: Me observing the second GME short squeeze/ bubble thingy...

Is that happening again?

Looks like it is over again (from $347 to $216 today).
There is something funny about this stock...lol.
I am so happy that wsb does not care about bitcoin.

Yeah, i was pretty stoked, too.
However, i bought the share(s) to hodl 4ever, and that's what i do.
Would have made over +$120 per share, but as i said, this thing is my contribution to the WSB "diamond hands" credo.

[Gyrsur]

There is fighting going on.


BTW why do the U.S. Republican Party use the color red?  

[El duderino_]

[JayJuanGee]

Updating the old graph... almost 1 year anniversary of the big crash...

Gold is heading back to 'normal' levels of $1600, while BTC is Off. The. Charts.

Wealth Manager: How is your Bitcoin thingy going then?
Me: Not bad. Do you remember when you asked me to buy $250 index-funds monthly and I said no?
WM: Yeah, I remember. I am sorry you didn't do that as we have a consolidated 12% yearly return.
Me: Yeah, you're right. I am sorry I don't know the exact figures of my btc yearly return as it is
Off. The. Charts.

 

12% yearly is pretty damned good for traditional investments (of course bitcoin beats that in almost any timeline of any kind of significant timespan of 4 years or more).

As I had said several times, my various traditional investments have averaged in the ballpark of 5.5% to 6% over 30 years or so, and so anything that might consistently be having returns greater than 6% would be good (even though some years I did have returns in the 20% to 30% arena, but they did end up averaging out to around 5.5% to 6%.

Even though in 2013, my hope was that my bitcoin investment would largely at least match my traditional investment, and I did not give up on it, because largely it was in the red and even under performing my traditional investments for nearly 3 years (even though I kept putting money into BTC and bringing down my average buy price).  Of course, after those first 3 years (which would have been late 2016, we kind of know what ended up happening in terms of bitcoin barely crossing into $1,000 territory and crossing its previous ATH of $1,163 from late 2013... but you could thereafter average out the BTC returns for all of those years and really see quite good performance to largely get a tripling of the 2013 ATH (of around mid-$3ks) - which ended up being the floor for the bottom of the 2018 and even 2020 dip... and surely we can still have quite a bit of confidence now, that the floor is in and we have a decently long term investment in BTC that can be a bit difficult to measure exactly but it can be measured for sure... and maybe even too much to measure..

What if we use the $250 low of 2014/2015 to start to measure in late 2013, when I got started... (because even mid 2013 had $250 prices, even though I started buying much later, only got my average buy price into the $400s before having some hacking issues that ended up bringing my average buy prices into the $750s - even though I like to use $1k-ish as my average BTC buy price.. just for funzies).. .. So let's show the numbers of a 2x price trajectory.. that would be 100% per year returns.. and where would we be in terms of BTC price and are we behind that or ahead of such 2x trajectory?

Dec 1 of year             2x trajectory price           - actual approx price            ahead/behind 2x trajectory?        Actual year to year %                 Gross increase

 2013                  $250 (base price)                           $1,100                      -78% (starting in hole)                  start                                           start

 2014                  $500                                              $380                         -24%                                            -65%                                        52%

 2015                  $1,000                                           $380                         -62%                                             0%                                           52%

 2016                  $2,000                                           $750                          -62%                                             2x                                           300%

 2017                  $4,000                                           $10,000                      +2.5x                                           13.3x                                        40x

 2018                  $8,000                                           $4,100                        -49%                                             -59%                                       16.4x

 2019                  $16,000                                           $7,500                      -53%                                             1.83x                                       30x

 2020                  $32,000                                           $19,000                      -40%                                            2.53x                                       76x

 2021(now 1stqtr) $40,000(?)                                      $57,000                      42.5%                                           3x                                          228x

 2021                  $64,000                                           $?                                   ?%                                            ?%                                         ?x

[Gyrsur]

how practical if you wear the underwear for 14 days. 

[JayJuanGee]

Miami has lots of stripclubs (or so I have heard).

You are a stalled girl.. haven't you gotten the memo?

bunnies are girls.

 

But then there are hurricanes.
 

At the moment with this Covid shite I'm getting bored with the reliance on the internet and not being able to do much else where I live.
Having said that, this last year has clearly demonstrated where growth will be and what we as humans will prioritise and can't do without.
Certainly Bitcoin and probably not more stripclubs.

focus ur lil selfie.. .

girls no thinkie 'bout stripclubs..!!!!!!    

if someone (he) calls himself a bunny and shows a female face as their avatar, that's just not nice as far as gender identity signaling is concerned, but, whatever, Jayjuangee could be a female too, for all I know.
However, I found a reason for my thinking about bunnies and females (apart from that english link):
https://en.wikipedia.org/wiki/Playboy_Bunny

Playboy bunnies got stuck in my head...that's why. Those bunnies were not men for sure.
However, I would henceforth refer to @JJG as 'she' to balance the equation...The "lady" doth protest too much, methinks.

I will henceforth refer to Biodom as stalled.

 

The forum is 'speculating'.    ... R U a gurl?!??    

Oh lord, raise the MORF shields!!!!!!!!!!!!!!!

mIRC fangurls asking for your digits.    

So how's your BTC shorting going today?    $27k soon?  

Well... I did sold some today at 54,400$ that I brought from cold storage in a rush when I saw it going over 53K... But for now, I still keep placing orders. ... Not to be very bearish, but 41K is very possible if it happens in the next 7 days. And even 39K if it happens in the next 3 days.

But lower then that, Dunnooo man... 27K .... or lower.    
That sounds like fairy tales. Buttttttttt....... Over 8-9 years of observing the price. I would not dismiss a 60% drop. Maybe flash crash at this point, because all sorts of sharks and raptors stand on a lookout for low hanging fruit.

Yeah... we really appreciate diptwats like you Save the RF.. Come out all bearish blah blah blah.. sold everything blah blah blah, price is going to $37k blah blah blah.. and when the price moves against your supposed story, then you make up some other shit to show that you did not get wreckt like you would have if you had followed your stupid-ass suggestion (not the first time that you switched stories), but if the price had moved in favor of your made-up story then you would have been telling us how retarded we had been for not having had sold like you did blah blah blah.  

I doubt anyone here really believes your bullshit..

Well... its not like I sold a lot. But I just took some profits on a 250x from where I bought.            

Of course, you did.   

*edit(): And I don't believe in 27K much anymore. Maybe 39K, but that only if it happens in the next 7 days, the window is closing for that as well... Also 41K in the next 14 days, after that the window closes for that as well.

Sooner or later you will be correct.  Just keep throwing out numbers.. I am sure one of them will hit, sooner or later.   

[lightfoot]

Our planet has seen no less than 4 or 5 ice ages. It will come again. They say the climate change will make everything melt too. Better be prepared to live at both extremes. I would personally find it nicer to live in a colder country as most homes can be easily insulated and heated.

Yeah, but shoveling the driveway and getting snowed in has a very limited entertainment value.

Snowblower on your tractor and a warm fireplace insert makes this a lovely weekend.

It can be very nice, I agree, but you get tired of that real quick, take my word for it.

Even with a snow cab??

[Richy_T]

One curveball I'll throw out is that due to the pandemic people are fleeing the big cities leaving apartments and condos at extremely low prices. Just from an investment standpoint it may be wise to buy something downtown New York in the heart of tyranny. Maybe after Cuomo is thrown in jail he'll be replaced by someone slightly less bad and after a year with no more plandemic lockdowns the prices will go up as people realise that they miss being able to walk to the theater.

Even if Cuomo is ejected, there's still the matter of de Blasio.

[AlcoHoDL]

Only 350 € to Euro-ATH (Kraken).

Come on, Bitcoin, you can do it.

[infofront]

Our planet has seen no less than 4 or 5 ice ages. It will come again. They say the climate change will make everything melt too. Better be prepared to live at both extremes. I would personally find it nicer to live in a colder country as most homes can be easily insulated and heated.

Yeah, but shoveling the driveway and getting snowed in has a very limited entertainment value.

Snowblower on your tractor and a warm fireplace insert makes this a lovely weekend.

It can be very nice, I agree, but you get tired of that real quick, take my word for it.

Even with a snow cab??

With enough money, any place can be comfortable. As someone who's lived in the upper midwest for most of his life, I'd prefer a warm climate.

There's a rough correlation between year-round good climate and longevity. The older I get, the more I realize the value of being able to hike or just go for a nice walk/bike ride on any given month of the year.

[Torque]

12% yearly is pretty damned good for traditional investments (of course bitcoin beats that in almost any timeline of any kind of significant timespan of 4 years or more).

As I had said several times, my various traditional investments have averaged in the ballpark of 5.5% to 6% over 30 years or so, and so anything that might consistently be having returns greater than 6% would be good (even though some years I did have returns in the 20% to 30% arena, but they did end up averaging out to around 5.5% to 6%.

Ah...well, no, not really.

Let's see: 12% minus ~10% yearly real inflation = +2%. Not great, just ok.

And your trad investments? -4%/year after inflation. Terrible.

Tsk tsk, JJG.  

[Biodom]

if someone (he) calls himself a bunny and shows a female face as their avatar, that's just not nice as far as gender identity signaling is concerned, but, whatever, Jayjuangee could be a female too, for all I know.
However, I found a reason for my thinking about bunnies and females (apart from that english link):
https://en.wikipedia.org/wiki/Playboy_Bunny

Playboy bunnies got stuck in my head...that's why. Those bunnies were not men for sure.
However, I would henceforth refer to @JJG as 'she' to balance the equation...The "lady" doth protest too much, methinks.

I will henceforth refer to Biodom as stalled.

 

girl, please arrive at a point that has any significance.