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

[El duderino_]

anoniem foto versturen

4km from where I was

This is a touristic place …

 There are so many beautiful places that most of us would never see.  I honestly appreciate the photos you share.  

Thx xhomerx and indeed there are a lot of beautiful places, even in Belgium Ardennes we have some very very nice green spots...

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[Biodom]

Nothing to say about bitcoin apart from two factoids:
1. Something is not right in Strike (J. Mallers) and El Salvador cooperation.
2. We are getting close to 40% dominance (coming down from 72 on Jan 2).
https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

Some might find it insignificant, but to me it either a turn around within 5 points or a multi-polar (multichain ) world where PTB would be gunning their "favorite" chains to ridiculous levels from time to time and bitcoin settles at where gold settled (15% of the stock market, roughly). A big player (and bigger than any other), but not a majority (>50%) chain.

[Biodom]

@jjg...I suspend my assertion that you are a bot.
Clearly, just a nincompoop humanoid.
This would be too difficult to program, maybe.

[JayJuanGee]

Nothing to say about bitcoin apart from two factoids:
1. Something is not right in Strike (J. Mallers) and El Salvador cooperation.
2. We are getting close to 40% dominance (coming down from 72 on Jan 2).
https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

Some might find it insignificant, but to me it either a turn around within 5 points or a multi-polar (multichain ) world where PTB would be gunning their "favorite" chains to ridiculous levels from time to time and bitcoin settles at where gold settled (15% of the stock market, roughly). A big player (and bigger than any other), but not a majority (>50%) chain.

Oh gawd.. you come out with some weird shit, sometimes... which likely continues to show why you fail/refuse to adequately invest in bitcoin currently, and likely helps to explain why you have also historically failed/refuse to adequately invest in bitcoin...

 



and partly explains why you be so whiney butthurt grumpening so much of dee time.

 

@jjg...I suspend my assertion that you are a bot.
Clearly, just a nincompoop humanoid.
This would be too difficult to program, maybe.

I am glad that you are capable of changing your mind maybe sometimes based on maybe new facts that you might perceive.
 

 

[Biodom]

Alts ate bitcoin's lunch for the last 9 mo and now getting to eat our dinner.
That's the main lesson vis-à-vis bitcoin in 2021 (so far).

If you forfeited investment in good alts, you lost a big chunk of this bull appreciation.
I know a couple (of mid and large cap) which did 100X in 2021 alone.
That's life-changing numbers if you were aggressive enough and took profits about now or in May (for some).

Pantera's Capital D. Morehead was right about this-kudos to him.
Maybe I should invest some in his projects...perhaps, not now, but during the bear phase when prices would be lower.

However, if we will continue to meager at 46-50K until the end of September, I might consider buying Dec or March out of the money call options on btc or maybe even a bit of a leveraged bet instead (not 80X, of course).

[ChartBuddy]

Explanation

[vapourminer]

Selling now? Hahahahahaha.. No..

sell? lmao hell no and the only reason i stopped buying atm is in case it goes down further i can grab me some moar corn even cheaper.

[ChartBuddy]

Explanation

[kellrobinson]

Pale blue trace = 100 week geometric mean of bitcoin’s price


Slide the geomean 150 weeks up its trend line


Performing a mean is similar in principle to integration, which puts you a quarter cycle out of phase. Sliding the geomean three quarters of a cycle (a little less than three years) puts it back in phase and gives you a rough extrapolation of support for bitcoin price’s historic response to the halvings, which follows a step function.



zooming in, projected support

[JayJuanGee]

Alts ate bitcoin's lunch for the the last 9 mo and now getting to eat our dinner.
That's the main lesson vis-à-vis bitcoin in 2021 (so far).

Yes.. of course. Showing your dweebness and inability to stay on topic.

If you forfeited investment in good alts, you lost a big chunk of this bull appreciation.

You are likely close to retarded.. .or at least showing it.

Any investment into any asset needs to account for upside and downside potential.  The mere fact that some risky pump and dump scams happen to outperform bitcoin on some short-terms scale selected by uie-pooie does not cause them to be a good (or better than bitcoin) investment.

I know a couple (of mid and large cap) which did 100X in 2021 alone.
That's life-changing numbers if you were aggressive enough and took profits about now or in May (for some).

Is that what you did?  Is that why you are inadequately or under-allocated to bitcoin, relatively speaking?

Pantera's Capital D. Morehead was right about this-kudos to him.
Maybe I should invest some in his projects...perhaps, not now, but during the bear phase when prices would be lower.

Maybe you should take your brainstormening unresolved ponderenings to some other thread where they might be potentially quasi-relevant?

However, if we will continue to meager at 46-50K until the end of September, I might consider buying Dec or March out of the money call options on btc or maybe even a bit of a leveraged bet instead (not 80X, of course).

You sound a wee bit distracted, but whatever, you do you.

Selling now? Hahahahahaha.. No..

sell? lmao hell no and the only reason i stopped buying atm is in case it goes down further i can grab me some moar corn even cheaper.

None of us longer timers should be completely out of fiat - or at least if we might be ready, willing and able to attempt to play the BIGGER BTC price swings.

Yet, we know some guys (and gal) who are even worried about attempting to play BIGGER BTC price swings.. so I am not going to personally fault them for that... especially if they are already pretty decently allocated in BTC (possibly over-allocated too, if there could be such a thing?  hahahahaha)

[ChartBuddy]

Explanation

[Biodom]

Q: can @jjg get moar stupenings per sq meter of the posting space?
A: yes, he/she can

Someone is consumed by emotions..unable to recognize a simple fact that bitcoin returns THIS year suck big time, but it might change starting in October.
Dominance decline (with no reversal) surely indicates a multi polar world where bitcoin is just one big actor.
As long as bitcoin stays above 50%, there is always a chance that other projects functionality would be folded into bitcoin.
At 40%-still a small chance, at 35% almost no chance and at 30%-no chance.

It is what it is, and I still have much more than 40.7% allocated to bitcoin (more like slightly below 60%) so you can call me "overweight" in bitcoin, but I am not going to sit idly twisting my thumbs and doing retarded sell outs-sell ins (in and out of fiat) which some people here are proposing.
In fact, @jjg probably cost many millions in lost opportunity to those who listened to his/her diatribes in the last 9-10 mo or so.

If all alts suddenly collapse, that would be even better still since the majority of my cryptocurrencies (or maybe you like to call them "virtual currencies", lol) are in bitcoin and my cost in btc and alts (aka "shitcoins") is now below ZERO. I am playing essentially with the house money....for the win.

[ChartBuddy]

Explanation

[El duderino_]

Soon-ish HODLsleep

Imo the time to crack the 50k nut again has arrived ….

[sirazimuth]

.....

From Google:

Only thing missing is those happy family type folks gathering up the wild fruit in a basket in the foreground with a "GODS KINGDOM" splashed across the bottom.

Btw, did I tell you wo bros I subscribe to "The Watchtower" magazine?*  Not sure if they accept bitcoin in heaven however.....

GO BITCOIN




*I didn't? Oh ok, well that's because I don't.....but yawl probably guessed that already...

[Arriemoller]

Bart is back I see.

[Zedpastin]

Alts ate bitcoin's lunch for the the last 9 mo and now getting to eat our dinner.
That's the main lesson vis-à-vis bitcoin in 2021 (so far).

If you forfeited investment in good alts, you lost a big chunk of this bull appreciation.
I know a couple (of mid and large cap) which did 100X in 2021 alone.
That's life-changing numbers if you were aggressive enough and took profits about now or in May (for some).

Pantera's Capital D. Morehead was right about this-kudos to him.
Maybe I should invest some in his projects...perhaps, not now, but during the bear phase when prices would be lower.

However, if we will continue to meager at 46-50K until the end of September, I might consider buying Dec or March out of the money call options on btc or maybe even a bit of a leveraged bet instead (not 80X, of course).

What are you talking about? how did altcoins 'eat Bitcoin for lunch' what altcoins are you talking about? Altcoins are shit coins and if you think that any altcoin can out perform Bitcoin then you are wrong. Even if you can show me evidence that altcoins have out performed Bitcoin in the last couple of months then my argument back would be that you are nitpicking a short term to try prove and influence the data. How much are your beloved altcoins worth? How much is Bitcoin worth? The only fair way of comparing investing in altcoins vs Bitcoin would be to compare how many years they have been here and then take the entire data from that time period and compare it to the 1st x years of Bitcoin. You will see that Bitcoin outperforms every single one of them. Bitcoin will then out perform every one of them in the future too. How do I know this? because I am basing it on long term data instead of your nitpicked data. Bitcoin has proven every time it has been doubted that it is the best investment out there in the world. Better than stocks and better than any property you could ever build.

[El duderino_]

Bart is back I see.

Bitcoin is bullish.
Haiku is not forgotten.
Strap in, because soon.

[Arriemoller]

Forgot about that
With fifteen minutes to spare
I made a haiku

[Arriemoller]

I've got brand new shoes
Wearing them to break them in
Can not feel my feet