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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.5%)
8/4 - 16 (16.7%)
8/11 - 7 (7.3%)
8/18 - 5 (5.2%)
8/25 - 7 (7.3%)
After August - 49 (51%)
Total Voters: 96

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26452630 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. (174 posts by 3 users with 9 merit deleted.)
Krubster
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April 09, 2021, 12:15:05 PM

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HSBC will not let clients buy Microstrategy stock due to their newly changed policy on "virtual currencies".

https://mobile.twitter.com/DocumentingBTC/status/1380285286178041857

Nice way staying irrelevant, HSBC. I guess they will continue to focus on laundering money for the drug cartels instead.
OutOfMemory
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April 09, 2021, 12:19:36 PM

Quote
HSBC will not let clients buy Microstrategy stock due to their newly changed policy on "virtual currencies".

https://mobile.twitter.com/DocumentingBTC/status/1380285286178041857

Nice way staying irrelevant, HSBC. I guess they will continue to focus on laundering money for the drug cartels instead.

It's fine. People are forced more to use exchanges and buy&hold real BTC.
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April 09, 2021, 12:38:07 PM
Merited by BobLawblaw (1)

When will this high power resistance on 60000 USD fall? Feels like an eternity ranging in my humble opinion. Surely we storm the fort in the next week or two.
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April 09, 2021, 12:41:06 PM
Merited by JayJuanGee (1), Karartma1 (1)


Use case #1 also implies that the true value of BTC per whole coin is indeed going to 100 million USD. Eventually. It will take decades maybe. Around the year 2050 we will find out. Some of us will be gone, others will have just "matured" ... We will see... we will see...

Sure, it could take another 10 to 30 years for BTC to reach $100 trillion.. which is a mere 100x from here.. or $5.5 million per coin... but it does seem that you are outlining this in a bit too much of a bearish way because the more bullish scenarios could actually quite easily reach $5.5 million per coin within 2 cycles.  I don't need to elaborate on the numbers, do I?

You misread what I wrote, and even quoted it. I said 100m USD per coin, not $5.5m.
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April 09, 2021, 12:41:24 PM
Last edit: April 10, 2021, 03:11:37 PM by Karartma1

When will this high power resistance on 60000 USD fall? Feels like an eternity ranging in my humble opinion. Surely we storm the fort in the next week or two.
It's stronger than predicted, I think the altcoin small upside seen recently is preventing that barrier to be crossed again. As soon as the alts crumbles 60k will be in reach.
 Weak hands will collapse and smart money will go back to corn.
About time.
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April 09, 2021, 12:41:55 PM
Merited by El duderino_ (3)





when $100000 ?
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April 09, 2021, 12:48:25 PM

The fighting in Northern Ireland might start again.
https://www.youtube.com/watch?v=a1lOPzUg0dQ

I'm afraid it never ceased
rolling
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April 09, 2021, 12:49:05 PM

When will this high power resistance on 60000 USD fall? Feels like an eternity ranging in my humble opinion. Surely we storm the fort in the next week or two.
It's stronger than predicted, I think the altcoin small upside seen recently is preventing that barrier to be crossed again. As soon as the alts crumbles 60k will be in reach.
 Weak ends will collapse and smart money will go back to corn.
About time.

Exactly, alts are just a staging area for money that will eventually flow to big daddy bitcoin.
Krubster
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April 09, 2021, 12:52:07 PM

Quote
HSBC will not let clients buy Microstrategy stock due to their newly changed policy on "virtual currencies".

https://mobile.twitter.com/DocumentingBTC/status/1380285286178041857

Nice way staying irrelevant, HSBC. I guess they will continue to focus on laundering money for the drug cartels instead.

It's fine. People are forced more to use exchanges and buy&hold real BTC.

Definitely.

I'm just surprised that they even banned their clients from buying stocks of a publicly listed company. What's their next move, stop letting their clients buying Tesla stocks, because they own BTC?
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April 09, 2021, 12:55:11 PM
Merited by JayJuanGee (1), Krubster (1)

HSBC forbid his customer from buying Microstrategy because of:

"newly changed policy on virtual currencies"


Badge of honour for HSBC:


https://twitter.com/1e9petrichor/status/1380322413284618241?s=21
bkbirge
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April 09, 2021, 01:06:56 PM

When will this high power resistance on 60000 USD fall? Feels like an eternity ranging in my humble opinion. Surely we storm the fort in the next week or two.
It's stronger than predicted, I think the altcoin small upside seen recently is preventing that barrier to be crossed again. As soon as the alts crumbles 60k will be in reach.
 Weak ends will collapse and smart money will go back to corn.
About time.

I'm of the opinion that smart money wouldn't flip flop between alts and btc. They should just stay in alts for their arbitrage gaming fix.
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April 09, 2021, 01:26:24 PM
Merited by fillippone (1)

Ah, I see you have covered my last couple of posts in another thread. I barely leave this thread, so I was unaware of that. Sorry if I was reposting.  Smiley
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April 09, 2021, 01:38:23 PM

today is friday
i will open a few cold ones
bitcoin is awesome
OutOfMemory
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April 09, 2021, 01:41:54 PM

Seems we're out of the downward channel.
* OutOfMemory prays: Please make it permanent, please make it permanent, please make it....
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April 09, 2021, 01:46:33 PM

The fighting in Northern Ireland might start again.
https://www.youtube.com/watch?v=a1lOPzUg0dQ

Sinn Fein / Religious conflicts at the root again. Wouldn't be the worst decision to ban religion.
But the worst is that the Brit government blames the EU for it.
Johnson is about the worst top politician i have witnessed so far: Brings nothing but disadvantages for the british people, seems to be proud of it.



And yet it all looked so good in 1648 with the peace of Westphalia.

https://www.youtube.com/watch?v=c-WO73Dh7rY
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April 09, 2021, 01:50:47 PM

When will this high power resistance on 60000 USD fall? Feels like an eternity ranging in my humble opinion. Surely we storm the fort in the next week or two.

I think by May  we are into the 70's. 
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April 09, 2021, 01:52:38 PM

HSBC forbid his customer from buying Microstrategy because of:

"newly changed policy on virtual currencies"

Badge of honour for HSBC:


https://twitter.com/1e9petrichor/status/1380322413284618241?s=21



FTFY.
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April 09, 2021, 02:13:37 PM
Merited by vapourminer (1), Phil_S (1)

point it i NEVER had to do anything to keep my corn. addresses i made in 2011 still work. the coin is still there. and i will never need to move those coins to some new format or lose them (well maybe when quantum computer are common).

altcoins swapping to tokens, = you really need to keep updated on them every 2 weeks at most, or at least every month. The ones I still have, somehow I managed to keep up with multiple swaps and still worth at least $100 ~ $500 for me, so I just let them sit and watch if anything develops. The developers and community seem sincere enough and continue to work on them, they simply are just not BTC, and ... you know the rest of the story.

As for your ancient 2011 legacy bitcoins, I would suggest you do try to move them to new addresses now, wait until the fee is reasonable or low *, or if you do need to move them anyway, make sure the change address is to a new format, the ones that start with bc1qxxxx so you save on future fees.

Then you might want to check if you have any of the fork coins too after that. If you had unmoved coins from 2011, you should have all of the other forks up to today, at least try to get some value out of the bigger ones BCH, BSV, BTG, BTD? (diamond?) not sure about the last one. They will at the very least pay for the transaction fees of your king daddy coin.

* sites I use to check current fees:
https://bitcoinfees.net/
https://mempool.observer/
https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),2h,weight

The last one seems to be the most "accurate", I simply set it to 2 hours, default, and weight, then mouse over the end of the chart and look at the number near 1 vMB, which is around 40+ to 50+ sats right now. Then I double and triple check using the other two sites to see what they say (check to see if they also updated recently, maybe refresh the page, you will notice if their last block is like more than 600 minutes ago or something.)

Since you haven't moved any coins since 2011, you can probably get away with a low fee and just wait a day or two and it might confirm. But calculate the total fee value for yourself, and the difference between $1 and $5 or even $10 might not be worth the time waiting for a confirmation block.

If you have one whole coin or more, worth $58k-ish as of this post, then spending $20 to move it to another cold storage native segwit address (and grabbing the fork coins in the process) could be worth it.
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April 09, 2021, 02:23:04 PM
Merited by JayJuanGee (1)

Good job Trezor. Four things that are about to happen this year:

- Trezor Suite Mobile app for Android.
- Connect to your own full node.
- CoinJoin
- CoinControl and CPFP
- (and Tor is already supported)

https://twitter.com/trezor/status/1380464413807931399
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April 09, 2021, 02:29:04 PM

Fun fact, ABBA got famous by winning the Eurovision song contest in 1974 in Brighton, I watched it with some friends at a friends place in Rosengård (now a no go zone) and then biked home in the middle of the night, I was 14 and it was totally safe.
The song is called Waterloo, enjoy https://www.youtube.com/watch?v=Vp1_OKawHYw

 No need to watch.  That song is hard-coded into my brain.  I wish my private keys could do that!
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