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

[DaRude]

There seems to be a lot of buying potential and people wanting to get in, but they are still hesitant about which direction BTC will go. All indicators show that the direction is up, so even a black swan event can not prevent this from happening in the next 2-3 months. The possible resistances IMO are 80-85K, 115-120K, 160-170K. The more sideways action with <30% dips, the farther we can go. Perhaps 333K-400K in the next 12 months, or even 500-600K are completely possible peaks (only 10x from now).

We seem to have different definitions for black swan events

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[Sayeds56]

Is there only me who is thinking that the BTC direction (up or down) and the "end" of the 60K$ battle will appear with the Coinbase's IPO next wednesday ?  

You are not alone, I also think that Coinbase IPO is a Mega event and it will be deciding factor for the direction of Bitcoin.

https://ambcrypto.com/coinbase-ipo-how-much-of-its-success-will-depend-on-bitcoin/

[Elwar]

[...]

But with Tesla accepting bitcoin I want to buy a Tesla, but if it's a battery technology I know that it makes sense to buy a new car. So the Tesla I'd like to buy is over $100k. I can certainly afford it. But it's such a huge leap. The first house I bought was nice, had 3 acres of land and only cost me $85k. I just can't imagine buying a car that's more expensive than what I'd pay for a house (don't get me started on the prices of houses right now...).

[...]

As someone once said here in WO, when you're buying a Tesla with Bitcoin, what's really happening is Tesla is doing the buying and you are doing the selling.

Eventually I'll need a car, and all I have is bitcoin.

So...the last time I needed to buy a car I was selling and the local guy I sell bitcoin to was doing the buying.

At least doing it directly I save the 3% fee.

[LFC_Bitcoin]

https://twitter.com/apompliano/status/1381299424559828994?s=21

[philipma1957]

For anyone on the fence or curious regarding the gene therapy injections, this article may be helpful.  https://www.deconstructingconventional.com/post/18-reason-i-won-t-be-getting-a-covid-vaccine

#10: PEOPLE ARE CATCHING COVID AFTER BEING FULLY VACCINATED

You are vaccinated does not mean that you are immune 100%. No vaccine can immune you 100%. A vaccine just stimulate the production of antibodies for the particular diseases or group of diseases. It's said that once you have chickenpox then you will not have it any more but there are people who had it more than once, the danger is lesser after your body had antibody.

With corona vaccine no matter which company is producing it as long as they are tested and approved one should be taking it. You may get the virus and feel sick even after taking the vaccine but the risk of losing your life become very low if you take the vaccine.

 Grouping and calling it a 'vaccine' like its the same tech we've been issuing for decades is dangerously misleading. Even Moderna didn't call it a vaccine and labeled it as gene therapy until 2019.

Animal trials were skipped and human trials conclude in 2023, perhaps a revisit of the "tested and approved" argument then?  

Forgive me for my scepticism, like many others, I'll be part of the non vaccinated control group for this great experiment while encouraging critical thinking.

 I don't claim to 'know' any more than the next on how this turns out in the long run but this fact remains:
Accepting this injection into your body requires TRUST in big pharma, the WHO, CDC, bio companies with poor or no track records and your local gov.
Years of serfdom and Bitcoin continue to teach a thing or 2 about trust.  

Yes and when covid 23 comes out killing all those without this vaccine your safe move looks bad.

Not saying that is a plan. But if you are a villain looking to Knock off a lot of people you would prefer to knock off clever freedom fighters like yourself and keep the sheeple a round since they already follow orders.

To me this is the best reason to get this vaccine.

Of course I could be completely wrong and your move is the smart move.

[Icygreen]

https://twitter.com/apompliano/status/1381299424559828994?s=21

It does feel like the wheels are about to leave the runway. 

Voted April 15th for new ATH poll. Should be an interesting week 

[Arriemoller]

Some of you might remember this video about the new Swedish CV 90 with mortars.
https://www.youtube.com/watch?v=EQczLyXnIbA

Well, in the spirit of buying new vehicles I got myself one (in 1:87 scale)

[Richy_T]

Bitcoin has more than doubled as well - you're fine!

But not since I made the go decision. The lumber prices were quite a surprise. But yeah, if we're going from my buy-in price, we're probably talking about $1

[Arriemoller]

Bought a new car today, not quite a Lambo, Bugatti or Tesla, but very happy with it. Drives like a kart. 2 Litre petrol from 2008. Thank you BTC!

Nice Congrats  
Bought me a new candy also  

GR Yaris? Nice, how is it? I've heard they're fucking rockets! Nearly bought one but just didn't; waiting on the 400Z

Nice.  I am getting 2 sheds to replace the 28 year old 1 shed I have. I will be losing 96 sq ft of space and gaining 112+ 112 = 224 square feet of space

Nice, how much is it? (just the building).

1 building with the  roof gable windows side door and 2 front windows = 4400 usd.

I will prep a 3/4 blue stone gravel pad to drop in the shed. The pad with my labor is about

400 = stone
240 = pressure wood to hold stone
  60 = landscape fabric under stone.
700

so 5100 with gravel bed and building.

10,200 for 2 of them.

They are pretty good looking they will match  each other and complement the house siding.

I need the room for parts! House is too full with mining parts.

Nice, I like the design, about the same prices as here, I'm in the same situation, my house is full of stuff, need somewhere to store it.

[Arriemoller]

Good morn Bitcoinland.
Five nine six eight eight dollars
(Bitcoinaverage).

The continuing
Battle for sixty thousand
Just keeps dragging on.

I won't call it done
Until we pass seventy
Thousand U.S. bucks.

But first we need to
Get to a new all time high,
Hopefully this week.

Is the laser eyes fad over now? Can I change back to my old avatar?

Silly Twitter fad
Was cool for about a week.
Now it's outdated.

I'll tell Homer you said it was ok.

[Richy_T]

For peeps who had not adequately stocked up on bitcoin prior to September 2020, they might be needing more price appreciation to make up for what they "should have done."   So yeah, some peeps might have either been distracted by various shitcoins or may have been busy thinking negatively about bitcoin which contributes to their failing/refusing to adequately prepare for UP.  

Or perhaps we just don't want to sell our coin so cheap

Or maybe we're just using an excuse procrastinating.

[Arriemoller]

Laser eyes are gone
let's hope chartbuddy is too
Both annoying fads

[OutOfMemory]

Good news from the covid front:

https://www.thelancet.com/journals/lanres/article/PIIS2213-2600(21)00160-0/fulltext#%20

Asthma spray speeds up recovery, mild symptoms and brings 90% less probability of ICU treatment.
This one is made by Astra Zeneca, but i think many glucocorticoids will work as well.

Edited some errorz

[Richy_T]

I don't really believe that measuring from the March 2020 dip would be very reasonable, even though factually accurate (which would be around 15x) - but reasonable arguments could be made that bitcoin has actually gone up greater than 6x from whatever was its base - and $10k is surely a conservative base because bitcoin spent so much damned time in a $4k to sub-$10k status between 2018 and 2020.

I agree. If you zoom out all the way on the chart and set the price axis to log, you get a pretty definite straight line with no signs of the right-end of the S-curve yet. I'm not sure what people are thinking. It's said that the human brain has a hard time comprehending exponential growth, I suppose.

[Biodom]

For peeps who had not adequately stocked up on bitcoin prior to September 2020, they might be needing more price appreciation to make up for what they "should have done."   So yeah, some peeps might have either been distracted by various shitcoins or may have been busy thinking negatively about bitcoin which contributes to their failing/refusing to adequately prepare for UP.  

Or perhaps we just don't want to sell our coin so cheap

Or maybe we're just using an excuse procrastinating.

Some are buying like ants, but selling like elephants...I kid, i kid.

Personally, I am not in the mood to sell any btc at these prices.
One have to be careful with sells as they bump your taxes and estimated taxes are due immediately after the quarter you sell (in US), otherwise there will be a penalty.

[Richy_T]

1 building with the  roof gable windows side door and 2 front windows = 4400 usd.

Just a quick thought but what is your reasoning for not going with a single bigger building? You would cut a lot of costs and time and effort. Plus you'd be able to increase the roof space. I chose mine because it would be about the same size as my neighbor's which it will be being built next to. Kits I priced up were only 1-2k more than yours (though prices are surely in flux right now) though I will be making my own design.

[AlcoHoDL]

[...]

But with Tesla accepting bitcoin I want to buy a Tesla, but if it's a battery technology I know that it makes sense to buy a new car. So the Tesla I'd like to buy is over $100k. I can certainly afford it. But it's such a huge leap. The first house I bought was nice, had 3 acres of land and only cost me $85k. I just can't imagine buying a car that's more expensive than what I'd pay for a house (don't get me started on the prices of houses right now...).

[...]

As someone once said here in WO, when you're buying a Tesla with Bitcoin, what's really happening is Tesla is doing the buying and you are doing the selling.

Eventually I'll need a car, and all I have is bitcoin.

So...the last time I needed to buy a car I was selling and the local guy I sell bitcoin to was doing the buying.

At least doing it directly I save the 3% fee.

Of course, if I had as many BTC as you, and only had BTC and not fiat, that's exactly what I would do too, and it would make perfect sense. I merely wanted to stress the fact that we should sell our precious coins only when we have to. Anything that can be bought with spare fiat, should be bought with spare fiat, until there is no more spare fiat to spend. Bitcoin should be the last asset to spend.

[Richy_T]

Not sure if on WO someone else also said it before me

When you use Bitcoin to buy Tesla in reality it’s Elon Musk who’s buying Bitcoin with Tesla.

Meh, I'm sure Musk has no problem obtaining BTC. This seems more like marketing to increase the value of what he already holds.

[Richy_T]

Is there only me who is thinking that the BTC direction (up or down) and the "end" of the 60K$ battle will appear with the Coinbase's IPO next wednesday ?  

You are not alone, I also think that Coinbase IPO is a Mega event and it will be deciding factor for the direction of Bitcoin.

https://ambcrypto.com/coinbase-ipo-how-much-of-its-success-will-depend-on-bitcoin/

The next 72 hours are critical?

[BobLawblaw]

The Bogs are totally fucking with us right now, Goddamnit.