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

[BitcoinBunny]

I love waking up to a new ATH, these super pump years every four years gives me such a rush.
Too bad the coming year, with it's year long dump, will do the opposite, or will it?
I will try to sell the top-ish and park the money in stocks for the coming bear year, let's see if that can't give some kind of similar feeling, at least it will hopefully lessen the "down" feeling (if I pick the right stocks).
I'm thinking something stable and somewhat boring, like Ericson.

Don't worry, it's only for a year, then I'll be all in on bitcoin again, just parking my money to save it from the bear year.

Sounds risky to me.

Nah, even if the stonks should dump they probably won't dump as much as bitcoin traditionally does during the bear year.

You might be right. In that scenario however I think it will be alts that would face the biggest exists.
I mean, the Dogecoin rallies. Really? 

Because it is well backed by hard iron = ie lots of asics.

If you believe in satoshi that pow and decentralized structure is good  (ie BTC)  than the step to have some belief for LTC/Doge merge mined coins does exist.

Basically almost no coins other than BTC make sense but LTC/Doge do if you believe that pow and decentralized structure works.

I did not bring up the subject of an alt coin you did.

I was asked not to talk about alts in this thread a while back. So I simply ask you to do the same.


BTW I cash in Doge yesterday and today. I convert them into LTC.  I then sold some of the LTC in fiat and the rest into you guess it BTC.

Please do me a favor and do not talk about DOGE or LTC.  
If you mine Doge/LTC like I do it is a way to get discounted BTC that is why DOGE rallies.

Here is the math. 20x L3+ miners earn  61 usd a day in ltc and now 39 usd a day in Doge that is 100 usd a day.

they burn 336 kwatts to do it. so at 10 cent power 100-33.6 = 66.4 profit.

or I pay 33.6 cent on the dollar for that coin which I change into BTC

That means I buy btc at 21504 a coin. With 10 cent power

And I buy Btc at 10752 with 5 cent power.

That is why Doge rallies along with LTC

I will make you a deal and not defend doge it you do not talk about it here.

This is not about ego bro it is simply why DOGE whales along with LTC.

My understanding is/was most of these alts go up and down as day traders / whales are messing around on exchanges.

Not wanting to piss on anyone's parade -  mining or otherwise, especially here of the WO guys (well except Proudhon maybe - but within reason). If you can make money from mining LTC/Doge I hope it goes stratospheric.  

[Dabs]

If you can make money from mining LTC/Doge I hope it goes stratospheric.  

How about from "staking" or the equivalent in DeFi? hehe.. not shilling any particular one...

Good timing on Doge ... just went up again.

[proudhon]

Looks like the Coinbase IPO will be the ice burg that sinks the ship. Amiright? Down 1.5% (on the 3hr)

[BitcoinBunny]

Looks like the Coinbase IPO will be the ice burg that sinks the ship. Amiright? Down 1.5% (on the 3hr)

Down 1 or 2 per cent is like a lama farting in the wind. 

[Dabs]

Off topic: anyone into Essential Amino Acids? I just got recommended it by a friend, I've always thought just a bunch of Whey Protein would cover most of it. The theory being that the EAAs are more easily absorbed by the body, whereas protein may come in, but it also goes out.

Anyway, ordered a small bag to try it out.

[marcus_of_augustus]

Looks like the Coinbase IPO will be the ice burg that sinks the ship. Amiright? Down 1.5% (on the 3hr)

 ... looks like it's going to test that old resistance at 61.8 region from above, and make the new support, nothing to see here

[gallianooo]

What time the COINBASE cotation ? still nothing on the NASDAQ..

it is not trading yet.

you know at what time it will start for trading ? I dont see any info..

[20kevin20]

Looks like the Coinbase IPO will be the ice burg that sinks the ship. Amiright? Down 1.5% (on the 3hr)

Yeah, you are right.. it also looks like Bitcoin is getting more adopted than ever before. This is certainly very bad too, man! Satoshi certainly didn't want this to happen, dammit. The sink is certainly sinking. The ice burger will hit all of our boats

Tesla investing in Bitcoin is also a sign we're in the middle of the Apocalypse, according to the prophecy of Nostradamus. Very bad signs. Bitcoin DED.

Trust me guys, I have a crystal ball embedded in my soul. I call it the fourth* fifth** sixth, I guess? eye and proudhon is here to save all of us. Sell your BTC, all of it, to me. But cheap, before it's too late. I'll purchase it all from you because I'm so altruist.

Meanwhile, here's a clear pic of altcoin hodlers during Bitcoin runs:



* wtf I thought there was just a "third" eye?
** correction: it looks like there's even a fifth... edit: seems like the fifth eye is the third eye? fuck it.. okay i'll take the sixth, i suppose

[marcus_of_augustus]

... it's slightly more subtle than this even. When you realise bitcoin is the superior asset, buying bitcoin by selling fiat is the exit strategy.

When the few people who know I have btc ask me "what is your exit strategy?", I simply say " I already did".
Most have no clue what that simple statement means and look confused, then decide using their preconceived notions that I'm out of bitcoin .... so everybody's happy and go away believing what they want to believe.

Bitcoin IS the exit strategy, fiat is a financial facist mind prison, the sooner you escape the better for your fiscal and mental health.

[cAPSLOCK]

Coinbase $COIN share trading is suspended for some mins...

Bitcoin is never suspended... and now we dump  

I actually meant to come in early this AM and say I expect a "sell the news" day today...  We will see...

But it's very appropriate that COIN has stopped trading when it's busy, lol/

[BitcoinGirl.Club]

No stopping

[shahzadafzal]

If you are getting bored of $63k/$64k... enjoy this...

Neighbours (1952 film) - Academy Award Winning - Short Film
https://youtu.be/P-o9dYwro_Q

[Kylapoiss]

Spring has arrived, sun is shining, bitcoin is rising.

What a life.

[bitcoinPsycho]

Looks like the Coinbase IPO will be the ice burg that sinks the ship. Amiright? Down 1.5% (on the 3hr)

For once I agree with you

Yes the "SHIP" being the banking system
Or do you mean your math and science calculations

[Biodom]

What time the COINBASE cotation ? still nothing on the NASDAQ..

it is not trading yet.

you know at what time it will start for trading ? I dont see any info..

they usually give 30 min notice, and i don't see such notice yet.
should be within 1-1.5 hr, at the latest, though.

[JayJuanGee]

When 100k?

Everbody waiting for Coinbase IPO.
Then FOMO (shares and corn), imho.

The actual listing (or soon thereafter) could cause a drop, but yeah getting the timing right could be difficult, and if peeps are "expecting a drop" our little fiend does not always want to go along with expectations, amiNOTrite?

[AlcoHoDL]

Well... i have been dormant for a while, only recently came back on. I do not regret converting my BTC into Fiat, especially since it gave me the freedom to not be in Debt! In hindsight, i can say that i made full use of the bitcoin i had, it actually all boils down to what makes you happy i guess! In my case, i used it for paying off my mortgage much faster than the 20 year plan i had (paid off in 2 years!). Paid off a new car, bike and went on umpteen holidays which is something my wife and I both love, invested in my hobby of diecast collection, which in itself is worth a fair bit right now!

Do i regret not having all 21 BTC, sure i do, i would have retired without a second thought if i had that kind of purchasing power but then i am looking at a retirement at 40 opposed to 50 which was my earlier plan and it is all because of Bitcoin!

Forgive me for sounding a bit harsh, micky123, but I sense a teeny-weeny tiny little itsy-bitsy degree of bitterness and saltiness in your post. I can bet that you would die to turn back time and skip that car, bike and holiday spendings. It's OK, you had fun, I understand that, but was it really worth it?

What I would like from my BTC, would be to firstly and foremostly solve the problems that really matter to me. Life-changing issues like freeing myself from wage-slavery (not really a wage-slave, but not free either), taking care of my retirement, guaranteeing a minimum income for life, providing me with a decent standard of living.

After doing all of the math and all of the science of all of the above, then I'd spend some of my leftover stash for a car, holidays, or whatever else I fancy. But, I wouldn't even think of doing even a tiny fraction of the equivalent of buying a purse for 17 BTC, when I only have 17 BTC...

Edit: Fixed typo.

[bitcoinPsycho]

When 100k?

Everbody waiting for Coinbase IPO.
Then FOMO (shares and corn), imho.

The actual listing (or soon thereafter) could cause a drop, but yeah getting the timing right could be difficult, and if peeps are "expecting a drop" our little fiend does not always want to go along with expectations, amiNOTrite?

Yes usually

[Richy_T]

Time for some FOMO to kick in?

With these images, are you trying to suggest that BTC is grandpa coin?   Your little diggs on bitcoin and your ongoing disgruntledness remains somewhat subliminal, no?

We have had 48k micros, 56k modems and you didn't get that these are 64k micros?

[Biodom]

OT: Just for reference...since I did not have any side effect and after my second pfizer shot the shoulder was not even sore, I decided to check for Ab at Labcorp (self-directed, so it cost $10 out of pocket). The result shows >250 u/ml with more than 0.8 u/ml considered positive for Ab.
I am posting this for those who did not have any (or minimal) side effects.
As you can see, there is no correlation.

EDIT: COIN is trading, currently at around $400