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

[wxa7115]

7pm curfew in France. What the feuck is going on over there?!

edit:
Only just read it's been 6pm. How have people coped with that sort of nonsense?
Personally, I get my shopping in the evening.

Maybe it's easier to cope if half of your family or your friends family has died from the varus.

Forcing me to shop earlier only means I would have to be in a store at a far busier time, but whatever.

This, where I live most businesses including supermarkets were forced to close for the weekend during the pandemic, this is the equivalent of closing 28% of businesses all the time, what happened? There were very long lines to enter supermarkets and many other similar businesses, instead of protecting the public such policies puts them at a greater risk by forcing them to be in a place which is fully crowded increasing the chances of getting the virus.

I understand many people are not really respecting the pandemic but this is a classic case of the law of unintended consequences, in their desire to protect the public French authorities are doing the opposite by establishing a curfew and forcing their citizens to do more in the hours they are allowed to go out forcing them to interact with crowds which they could otherwise have avoided without a curfew in place.

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[icopress]

- Will Bitcoin price rally once again this April Fools’ Day, or will the market not fall for the same tricks as the last time around? ^(c)

• Fool Me Once: Bitcoin’s 2019/20 Parabolic Rally Remembered

It looks like,  we will soon have a heated discussion, and I do not exclude that, as expected, the members of the mafia will be blamed for everything ^{[or merit rascals]}.

[LFC_Bitcoin]

https://twitter.com/excellion/status/1377374321283198980?s=21

[Heater]

https://twitter.com/excellion/status/1377374321283198980?s=21

lol

Or he could have just said 'have fun staying poor'

[xhomerx10]

It had better be one helluva good sammie.  A body needs over 600 kcals to replace a pint of blood. 
One of you bitcoin bazillionaires will have to set up a soup kitchen/bitcoin re-education center.

[Elwar]

It had better be one helluva good sammie.  A body needs over 600 kcals to replace a pint of blood. 
One of you bitcoin bazillionaires will have to set up a soup kitchen/bitcoin re-education center.

I used to get about $20 when selling blood in college for food.


Well, plasma...actually about $25 the first time, then it goes down because they can't get as much plasma from you on following days...

[BitcoinBunny]

It had better be one helluva good sammie.  A body needs over 600 kcals to replace a pint of blood. 
One of you bitcoin bazillionaires will have to set up a soup kitchen/bitcoin re-education center.

Any Subway footlong for no more than 0.0002 BTC delivered should cover that.

[BitcoinBunny]

139X from here in 5 years? Just like the last 5 years. Is it possible?



Hope that's not an April Fool's prediction.

[philipma1957]

139X from here in 5 years? Just like the last 5 years. Is it possible?



Hope that's not an April Fool's prediction.

I see BTC eating into gold bigly.  if it were to grab a 50% share and toss some inflation into the mix.

400k fo btc and 3k for gold in 2026 is possible.

[Biodom]

139X from here in 5 years? Just like the last 5 years. Is it possible?



Hope that's not an April Fool's prediction.

I see BTC eating into gold bigly.  if it were to grab a 50% share and toss some inflation into the mix.

400k fo btc and 3k for gold in 2026 is possible.

Well, that would mean $8 tril for btc and gold $18 tril then.
Who knows, but it is quite possible, albeit I would have given btc a little bit more.
Short term, my "proprietory" spidery senses are tingling as we could be going for a breakout.

[nullius]

🐻 Newsflash:

👻 Bitcoin is dead. 🪦

Dump your 👻bitcoins, and

🔥 BUY YACOIN!!! 🔥

It is a coin so bad that it is literally ridiculous.  Being thus ripe for ridicule, it is an even better joke than Dogecoin—which Elon Musk said is superior to Bitcoin.  And that is why Yacoin will beat Bitcoin:  Because humans are stupid hairless monkeys who inadvertently learned to talk.

🃏 🐒 🍌
OFFICIAL NULLIAN ANTI-BITCOIN/PRO-YACOIN THREAD!!!11
🚀🌜😼

Yacoin’s official new motto, as peremptorily decreed by nullius:  Empowered by human stupidity.®

Fuck 👻 Bitcoin.  Boring.  Underperforming.  Only up a measly 500% in the past few months, LOL.  Too smart.  Too conservative about the security of the network.  Let’s go TO THE MOON with Yacoin!  🚀

Disclosure:  I am currently trying to figure out how to receive some Yacoin, so that I can dump it after I am done pumping it.  Unfortunately, the coin is so bad that it is impractical to run a node.

[heslo]

Please sir, can BTC go back to $60K?


Not tonight, mate.

Just logged on to see you've gone through a bunch of my posts and done a massive merit dump, many thanks!

Price is looking good lads, not sure how the Easter weekend will influence things but the overall trend is clear I think... Up from here!

[shahzadafzal]

NFTs now part of Bitcointalk guys...   

Many forum users have invested a lot of time into the forum, so why not turn this time-equity into tradeable commodities? You can now trade forum NFTs (fNFTs):
https://bitcointalk.org/fnft.php

We are using a state-of-the-art blockless-blockchain-database to avoid any annoying fees or wait times. Everything is done using a convenient Web interface. We have also automatically detected how many bitcoins you have to trade with, so no need to worry about deposits or withdrawals.

[shahzadafzal]

🐻 Newsflash:

👻 Bitcoin is dead. 🪦

I support your YaCoin....

meanwhile I tried to offer my free Bitcoin Keys Verification Service to bitcointalk users... but it seriously gone wrong here https://bitcointalk.org/index.php?topic=5327635.msg56686290#msg56686290

[Searing]

NFT's highlight the fact that there's a shit-ton of capital looking for a new home.  It's good for BTC and they'll all find their way home eventually.  

NFT's make a 'certain' amount of sense ..in the case of say a graphics designer using the NFT blockchain to prove it is his/her work on their www site for say

Resume purposes and to sell such. But the prices are way 'out there' IMHO and that won't last. I could see for example the person who made the HOPE poster

of Obama getting big $$$ (unless he sold the rights already) ..but again...most of the digital art like such is time limited..what is considered worth big

bucks now may not be in the future (like Pan Am the airline ..going out of business way back when...what was a good NFT then would be kinda worthless now)

this has not really shaken out yet

IMHO

Brad

[JayJuanGee]

I don't even think we are in a bull run, this is just the basement level of people/businesses waking up and somewhat understanding.. A pump - sure, a bull run? Call me when the masses are getting in and not just a handful of companies are securing their positions.

This time is surely different than any other time (but then again, is it?) - Only way is up, crash doesn't have to happen.

Regarding your crash does not have to happen statement. 

What happens if BTC prices were to go up to somewhere in the ballpark of $500k to $750k by then end of 2021... or alternatively up to $1 million to $1.5 million by the first or even the second quarter of 2022?  Either of those scenarios could play out like a kind of s-curve (or is it called hockey stick?) type shape in which the front of the curve is playing out more slowly and then the last month or two end up having a lot of UPpity, including a possible doubling in the last month, which seems to be a sign of unsustainability and historically variations of those kinds of patterns have happened.. which largely means that when the momentum starts going in the other direction, the Michael Saylors and the other folks who had said that they have been willing to buy the bottom, do not add up to enough folks to keep the bottom from falling out.. and we end up getting corrections of greater than 50% and even get stuck down there for a decent amount of time that might take one or two years to play out..

Yeah, sure it is possible that it might not happen as severely or even stay down as long (even though there hardly seems to be any reason why it should not), there still seems to be a lot of likelihood of a decent amount of shakening out of weak hands including those that fear falling out of profits and those who just are lacking in confidence in BTC fundamentals...

In other words, I doubt that there is any compelling facts or developments in bitcoinlandia (besides the players being BIGGER which is nothing except what inevitably should be happening anyhow) to really justify that this time is really different until such scenario actually ends up playing out, and I am not even suggesting NOT to prepare for such a scenario in which the corrections end up NOT being so great - because each one of us who buys bitcoin and HODLs it should be prepared both financially and psychologically for all kinds of scenarios, including minority (less likely to happen) scenarios.

[JayJuanGee]

The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

All this short term price does not matter...IF you are HODL'ing till AT LEAST after the next 'halving' IMHO.....it is 'virtual real estate' where the price is determined by the scarcity

and like land the value comes from what is built upon it to determine price. So remember we are FARMING...when the price goes up for the land you don't rush out and sell

the frigging farm. You ride the dips. Buy more land, and thus become an even more successful farmer!

(sorry, had a few...seems logical at this moment)

Brad

You do not seem the best to be giving advices, Searing..


remember how regretful and panicking you were getting during the 2018/19 crashening, and even your rationale was that you were panicking even more because you had failed to sell any during the 2017 price rise and you were regretting and you got even especially nervous once the BTC price dropped back down to $6k the second or third time. 
Remember the first time the BTC price dropped to $6k was in early February 2018, and then it dropped to $6k like 4-5 more times throughout 2018 before finally capitulating below $6k at the end of the year.. which caused your ultimate panic, no?

Even you, Searing, might want to consider your own psychology and finances to shave off a bit of profits on the way up rather than on the way down.. and who is to say what the bottom of the next cycle will take us.. I am NOT going to proclaim any solid insight in terms of what degree and what durations of drops we might end up experiencing in the coming years... or even if UP before DOWN is guaranteed, even if UP before DOWN does seem to have good ongoing and persistent momentum at this time.

That was unexpected.

Very unexpected

That was unexpected within an expected range of unexpectations.

 

That was unexpected.

Very unexpected

Really? You think that a major shakeout of the over leveraged right around months end just before we go on to make new highs in April is unexpected?

It's overdue if anything.

March sure ended in such a dismal place.. too...  as so many calendar coordinating peeps were projecting March to be a horrible month,  because of history and this that and the other unimportances.. .blah blah blah..

and if you measure out our March's BTC performance it is around 25% up, so can be quite difficult to argue that March turned out anywhere near a variety of prevalent prognostications that were trying to suggest that king daddy gives any shits about calendar months - or even endings of quarters or options or any of that other phoney baloney bullshit that were supposedly contributing to March "ending badly," blah blah blah.

[bitebits]

Active Supply charts provide insight into the proportion of $BTC supply older than 1yr.

'Peak HODL' is reached where the volume of 1yr+ supply hits a maximum, often near last cycles ATH.

After this, old coins are typically spent in bull markets as HODLers take profits.


https://twitter.com/glassnode/status/1377274489763938307

[AlcoHoDL]

Good morning WOers!

Out of all the days of the year (in which I've been working from home almost exclusively), it just so happens that I must physically go to work TODAY! Damn.

Corn is doing fine I see. So, off I go, and I'll catch you guys ('n' gal) again online in about 8 hours. <--- Corn @ $60k+ by then!

[JayJuanGee]

BTW are there any women on this forum ? I know that being a woman on internet is difficult but still, there should be more of them I would think.

Yes.. there is a woman on this forum.

NFT blablabla. I can't read it anymore. NFT my ###

hahaha i think now is the time infofront should make it mandatory to include tldr in every post longer then two lines and some users should not be allowed to post on WO without tldr.

I don't want to name any one but JayJuanGee  nullius  cAPSLOCK how are you guys?

A few points about your proposal:

1) That would be a pretty crazy rule to likely stifle creativity (and likely contributions, too).. It probably would cost more than it benefits, especially when there are easier solutions, such as ignore, skim and perhaps other solutions too.

2) Your proposal does seem to presume that there is a cost to long posts that outweigh their benefits.

3) relatively speaking, you are a pretty (not in a cute way) newbie in these here parts to be making such broad and sweeping proposals - and sure anyone does have rights to make any kinds of stupid-ass proposals to his/her likenings, and perhaps you are making such proposals in jest or a kind of provoking kind of funzies (trolling?), way.  perhaps?  perhaps?