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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.4%)
8/4 - 16 (15.1%)
8/11 - 7 (6.6%)
8/18 - 6 (5.7%)
8/25 - 7 (6.6%)
After August - 58 (54.7%)
Total Voters: 106

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26463001 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.)
somac.
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April 17, 2021, 01:24:21 PM

A drop since the Coinbase IPO launch, while shitcoins pump. Oh what a surprise.  Roll Eyes  Tongue

I swear, you can set a clock to all the bull trap/bear trap games these traders play.

I set one of mine in 2013, hasn't missed a second since.

Looks like we are in a short term down channel, support at 59k resistance at 62k. I'm thinking we don't get to support though, and we'll break resistence when we hit it again. My buy orders are set, I have no sell orders.

Shit coins will crash again, just like clockwork
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April 17, 2021, 01:27:19 PM

Good morning Bitcoinland.

Still in the $6xxxx range... currently $60746USD/$75984CAD (Bitcoinaverage).

Ho hum.

Go Bircoin go.

So my friend said I should sell all my Bitcoins and buy dogs...



For dog lovers:



Or condiment lovers:



Or Twit-tards:

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April 17, 2021, 02:06:55 PM
Merited by LoyceV (2)

So my adventures in Doge  hodl are done.

turned 2500 usd worth into 70000

it is now part usd and part btc.

We still mine it about 10000 coins a month.

Last summer that was 25 usd a month
it is now 3000 usd month.
Just a thought: have you considered short-selling Doge? If you have a (in the short term) more or less stable amount of Doge coming in from mining, and assuming the price will drop again, shorting might pay off.

Nah we will go back to mine and hodl. In a year we will have over 100k of them and will consider what to do with that batch.

  I talked my partner into selling off 100k coins he dumped them at 33 cents.
It is now at 26 cents. He will hodl his remaining 550k coins till 1 dollar or bust.  I can't play that way my hand strength is okay but not like his. Grin

Doge was a side coin Along with LTC mined with L3+ antminer gear. We spent under 5k to get 25 now 22 L3+ units.

  We were and will always be btc dominant miners.

 I trade less than him and focus on making certain profits.
But at the moment things are so good it is a bit hard to believe.

BTC still 60k plus sideways with an upwards bias lets do this until next year.

BTW

Quote
https://diff.cryptothis.com/

Latest Block:   679587  (9 minutes ago)

Current Pace:   77.3004%  (196 / 253.56 expected, 57.56 behind)

Previous Difficulty:   23137439666472.05                           
Current Difficulty:   23581981443663.85                           
Next Difficulty:   between 18241314269851 and 22370362581109
Next Difficulty Change:   between -22.6472% and -5.1379%
Previous Retarget:   last Thursday at 3:40 PM  (+1.9213%)
Next Retarget (earliest):   April 30, 2021 at 9:55 AM  (in 12d 23h 59m 36s)
Next Retarget (latest):   May 3, 2021 at 6:20 PM  (in 16d 8h 24m 30s)
Projected Epoch Length:   between 14d 18h 15m 10s and 18d 2h 40m 4s

 

A 23% drop due to a coal issue in china.

No one knows the long term of this.  But if it lasts 2 weeks the ease of mining will mean a big bonus for them.

If I spend 15k in power to earn 1 btc right now
A 23% move in difficulty means 1 spend 15k to earn 1.23 coins

It also means rising fees right now block fees are up a bit.

Block
679589 1.74 btc
679588 1.89 btc
679587 2.08 btc
679586 2.12 btc
679585 1.38 btc
679584 1.68 btc

I used this page to make those numbers

https://www.blockchain.com/explorer?utm_campaign=dcomnav_explorer



If we continue  with a difficulty drop of this magnitude it will have an effect on price.

I would have thought it means a correction But this year is topsy Turvey so it may mean a huge move in price up and over 70k maybe 80k
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April 17, 2021, 02:57:01 PM


 Well... maybe not this weekend Smiley
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April 17, 2021, 03:02:23 PM

BTC charts will start to be ugly if we close the daily below 60K and / or weekly below 60K...

Unfortunately no fuel, and BTC doesn't look like to want to start the (real) next leg up.

Hope will be not boring till summer, like it is from middle of february  Roll Eyes
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April 17, 2021, 03:24:57 PM

The way I see it is that in the last month the bears first failed to break the 52K support. Then the support shifted to 56K and they failed again. Now it is around 60-61K and they still can't break it even though they've been trying hard in the last couple of hours. Again, they see the weekend low volume and think this is their chance. But in general a move in either direction with such a small volume will be neutralized in a matter of minutes, when the volume returns in the next days. There is no significant inflow into the exchanges and the reserve will decrease at least until prices above 120K. The hodlers are not willing to sell anything in this dead zone. Honey badger doesn't give a f**k about weak hand low volume sells. As always hodlers buy moar. So do I Wink 0.65BTC  Cheesy ding-ding!
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April 17, 2021, 03:32:24 PM

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

Hello Biodom,
i got my first shot 2,5 days ago... since then there is no side effect. The doc took the injection quickly out and my arm did bleed very hard. He forgot to put a piece of cotton or any similar silly things just after taking the injection out. I was a bit worried and asked him whether the liquid went out by blood as well? He tried to comfort and convince me but i was not satisfied at all.
The next shot is by the end of May. So, you made a decision to check but do not understand anything with levels such as >250u/ml and 0.8 u/ml... Do you mean that the vaccine does not work out? Huh

re levels...nah.
The purpose of any vaccine is to elicit the production of antibodies against the target, in this case antibodies against COVID's spike protein.
Labcorp (with the input of CDC, I am sure) decided that to be positive for antibodies you need to have above 0.8u/ml (u=units, but they don't say what units signify, so it is arbitrary, probably some numerical value, like mkg/ml, ng/ml or something like that).
My results show the level of antibodies which is about 300X of what is considered to be positive.
I guess this means that the antibody level is high post-vaccination (in this particular case).
This test cannot predict protection.
EDIT: you have to wait 3-4 wks after the SECOND shot (in a two-shot regimen like Pfizer or Moderna) to ascertain your max Ab level.
Not a medical advice, of course, I am not an MD.

I don't know, but I assume that the unit they are using is the international unit. https://en.wikipedia.org/wiki/International_unit

i could not find this information readily, will not waste any more time on this.
Yes, it could be IU (international unit, which is numerically different for various compounds) or could be something totally different.
They just like to unnecessary obfuscate things.
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April 17, 2021, 03:41:08 PM
Merited by shahzadafzal (1)

All this power and I don't know what to do with it... hmm... Let's try this...

How long until 70k

1 week
1 month
1 year
or the top is in math and science confirms it

How everyone saying (1 month)?.... because math and science?

No EINSTIN Math, simply gut feeling.

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April 17, 2021, 03:56:29 PM

'The military doesn't suck, it's a branch of the government given the task to safeguard the freedom of the citizens of the country. They only obey (legal) orders. If you think their actions suck it's the politicians you should bitch at, not the ones that, risking their lives, obey their orders.

They're just following orders.

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April 17, 2021, 04:03:52 PM

Back sub 60k  Undecided
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April 17, 2021, 04:43:59 PM
Merited by xhomerx10 (1)


@LinaSeiche
They say he has a whole BTC


https://twitter.com/linaseiche/status/1383423982813081605?s=21
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April 17, 2021, 05:11:02 PM

Back sub 60k  Undecided
No, not yet  Grin Grin Grin
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April 17, 2021, 05:25:52 PM


@LinaSeiche
They say he has a whole BTC


Long gone times Cheesy

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April 17, 2021, 05:31:54 PM


Hmm we diped at 59.8xx... Bottom or not  Roll Eyes
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April 17, 2021, 05:33:39 PM

I am NOT against diversification.

I am also into diversification as far as other asset classes are concerned, especially ones you can actually put in your registered retirement accounts (401k, IRA, ROTH, RRSP, TFSA, or equivalent.)

I am not going to proclaim that all the traditional savings methods should be thrown out, but surely ideas regarding investment priorities is likely going to vary a considerable amount depending how much any person has already invested or if they are just getting started.

Quite likely my considerations would be quite different if I was a youth now as compared to my getting started in the 80s, 90s and early 2000s.. and by the time that I heard of bitcoin in late 2013, I had already established a decent amount of diversification in various investment vehicles, including ones like you list above and also some other investment vehicles - but ongoingly I had been considering (and even starting in the early 2000s) had considered myself to be quite lacking in dollar hedges, which became more and more clear to me at around the time that I had started to look into bitcoin.

You do realize some of the history of a variety of "retirement" programs/systems in the 90s and 2000s like the ones that you mentioned above, right?  A lot of those new retirement programs/systems were meant to transition westernized normies out of a variety of pension systems that they had historically been able to get into and to set themselves up for life... so little by little these retirement programs/systems took the place of pension systems and even there might be some hybrid existences in which people still might have pension options that can go along with the largely privatized systems, like the ones that you mentioned.

So there are tax deferral aspects and sometimes there are matching contribution aspects that could motivate/justify some of the contributions into those kinds of systems.

Those usually involve either mutual funds or broad based index ETFs, and not particularly the crypto kind like GBTC. What I did put in mine were BTCC and before that QBTC.

Sure of course, some bitcoin (or crypto) related exposure is becoming increasingly possible through those systems, so yes some normie peeps either have money within those systems or want to take advantage of those systems that they can either get into or set up for themselves (to the extent that they might feel nervous about directly owning bitcoin  (and fuck the need/motivation to discuss other non-bitcoin crypto here)).


But those are entirely different asset classes, usually along the lines of stocks/equities and bonds. S&P 500 or Total Stock market, that's the kind of "diversification" that would be simple and "easy" to understand, not picking some 10 or 20 different ones, although my father did tell me to get some Amazon years ago.

Again, if you are already in, then that is one thing, but if you are hardly getting started, these days, you might as well start out with bitcoin, and maybe once your bitcoin holdings get up to a certain size (maybe that is $10, $40k or $100k), then there might start to be some motivation to start to diversify out a bit in terms of other assets.

For me, for example, in late 2013, I already had a sufficient amount of diversification in a variety of assets and even enough quasi-passive income from the assets that I already had that I had already considered my lil selfie to be largely "set for life" as long as I tried to mostly manage what I had and live within a relatively modest means), so when I came across bitcoin, I did not really feel that I needed to rediversify out of bitcoin once my bitcoin investment started to largely dwarf my other investments (which really started to become noticeable in the very end of 2016 and going into 2017 and becoming more and more noticeable thereafter). 

I recall that in 2016, I had still harbored ideas of potentially rediversifying (or reallocating) some of my bitcoin gains as my bitcoin became weighted higher and higher in terms of my overall investment portfolio, but in another sense, I had never really taken much if anything out of my other (pre-bitcoin) investments that were already set up to sustain me for life, so largely by the time early 2017 came along, I reconsidered my prior ideas about reallocating my winners (referring to bitcoin here), and started to buy into another kind of way of thinking that both allowed my winners ride (again referring to bitcoin even though stated in the plural), and largely within my bitcoin system, I had considered that the system that I had created of buying on the way down and selling on the way up and various other systems of mostly maintaining my BTC stash were sufficient to account for the additional risk of such an asset that I had invested in such proportions that I was willing to ride to zero, if necessary and the mere appreciation of the asset class in such a way that caused me to be rich as fuck (relatively speaking), did not thereafter motivate me to have to move some of that value into traditional investments blah blah blah.. because I already had traditional investments that could (and largely were) already sustaining my lifestyle including some ongoing upgrades that I had already been making along the way in order to make sure that I am trying to spend my cash as it comes in rather than letting it accumulate too much and then having a problem of having too much cash - which can sometimes become a bit of a problem (again relatively speaking), I have found out.   

In crypto, its mostly 99% bitcoin. 1% everything else.

I suppose those numbers will depend on your investment thesis, and perhaps other personal considerations that relate to the traditional ones that are worth repeating from time to time:  cashflow, other investments, view on bitcoin as compared to other investments, timeline, risk tolerance, and time, skills and abilities to learn, plan, strategize, and perhaps tweak along the way including reallocating and/or trading.

In my case, that smaller percentage has gone up without me adding more to it and I'm always taking out of it (but not the capital, basically I'm farming the "interest" out of it as long as I can.)

There are probably a variety of systems that can be individually tailored to cause comfort in perception that the various individual factors are being adequately balanced in order to feel prepared both financially and psychologically, and of course the more that we are able to structure our system(s) in a way to cause financial and psychological security the less emotional that we should become based on market movements - even the extreme ones - even though easier said than done, sometimes.


By the way, like quite a lot of bitcoin (and even crypto) peeps, I have quite a bit of extra value that I could throw at various projects if anything were to strike me.

And there you go. All's good.

I would not necessarily go so far to say "all is good."   That seems to be too much of a blanket statement to me, and fuck shitcoins... did I say fuck shitcoins, yet?

 Cheesy Cheesy Cheesy Cheesy Cheesy


I don't know what got you into thinking it was about you or anyone in particular. It's always about everyone here, as a group, in general.

Hm?  Not sure if I said that, but I do understand why you might consider my various responses in such a way, including some of my getting into some of what seems to be your personal details, but in some sense I would consider your personal details, to the extent that they are discussed, would largely be talking points or spring boards in order to attempt to understand ways of thinking about investing or divergences of opinions... So I understand that I will inject some of my points (to the extent that they are true) in an attempt to illustrate some ways that I am thinking about matters and how my personal circumstances (or ways of dealing with matters) might help to better understand the point(s) that I am attempting to make.

At one point, I did say that one tiny thing on the individual factors can considerably change the investment/strategy approach of any guy, so part of my claim was meant to be that most guys are going to have different approaches to the extent that they are attempting to think for their lil selfies at all, and sure there are likely some guys who will blanketly follow the approach of others, and I suppose that could be a self-directed decision in itself even though it is largely just showing that some people need consulting and advisory services more than others.

There might also be some guys who struggle, for example to maintain jobs (or income flow) that does not give them a lot of time or energy to actually feel comfortable in their bitcoin-related learnings, and they may well get confused, and in those circumstances, those guys may well need to rely more on consultants, experts and even following others with more reliance because there are ONLY so many hours in the day, even though they should be trying to learn as they go, too... and may be able to become more self directed with the passage of time,too

 
Was never into anyone specific unless that was mentioned. I mean, roach will be roach, proudhon will be proudhon, and I just let them be.

Just like it is up to roach (RIP) and proudhon to decide which personal details, if any, to provide or if we can reasonably read into their likely personal details based on the substance of their participation (including that some of us guys here will just make shit up in order to attempt to provoke a response or even to create an interpretive picture of another member, and none of that is "off the table" when each of us is deciding the level of details to provide in our various responses or to even respond to various subjects.  You have the same choices regarding what details you want to provide, and peeps do not necessarily need to be nice to you or even to interpret your details (to the extent that you provide them or to the extent that they make shit up about you), especially on the interwebs.


Ok fine, JJG will be JJG ... always replying with walls. Smiley After all, this is the "wall observer".

It remains my discretion regarding the extent that I respond at all and how I respond, if I choose to.  So, sure maybe you have identified a pattern, and maybe not?  Go figure.   Tongue Tongue Tongue Tongue
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April 17, 2021, 05:40:25 PM

Back sub 60k  Undecided

one does not simply go all into $XTZ x BTCitcronzzzo
 Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool go!
weeeeeee  NFTpumpin'leetzzzz<<<<

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April 17, 2021, 05:42:42 PM

Back sub 60k  Undecided

one does not simply go all into xtz x bitcron Wink weeeeeee leetzzzz<<<<



$60k strong support, just testing, re-tresting.
I'm all in on BTC and i'm fine  Grin

EDIT: weeeeee  Cheesy
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April 17, 2021, 05:45:45 PM
Merited by OutOfMemory (1)

Back sub 60k  Undecided

one does not simply go all into xtz x bitcron Wink weeeeeee leetzzzz<<<<



$60k strong support, just testing, re-tresting.
I'm all in on BTC and i'm fine  Grin

EDIT: weeeeee  Cheesy

nft hats! goooooooooooooooo! 100K or 1K btc go!  Kiss lelelel weeeeeeeeee goooo+ 1

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April 17, 2021, 05:53:54 PM


I will write one hundred times


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April 17, 2021, 06:02:29 PM


Good images. No doubt Bitcoin Hodlers have great future.
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