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

[JayJuanGee]

We knew the world would not be the same. A few people laughed, a few people cried. Most people were silent.

You surely were not silent in your whining about bitcoin's BIG blocks, but surely glad that you (fatty) have come around to see the light and act as if you were on board the bitcoin train the whole time.  

hahahahahaha

Go figure.  

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

Only sub $30k?  What happened to sub $10k and sub $20k?  Those predictions of yours were just a couple of months ago, and they did not work out very well for you Mr. Nocoiner.  right?  Were you able to pick up coins in the sub $20ks or sub $10ks for that matter?

Billy was probably waiting for sub $20K when price was around $30K. Then at $20K, if price had got there, he'd probably be waiting for $10K, even though $15K would of likely been the low due to the 200 Week MA.

I was not speculating about what billy no coiner might have thought.  He actually got excited during one of our tests of buy support around $30k-ish and perhaps sub $30k and stated that he considered sub $10k to be inevitable, and we should have been (then) preparing our anuses for such... blah blah blah..  

Billy nocoiner is not much different from the other various stereo-typical trolls who have opportunistically come into this thread and spouting out bearish nonsense.. and surely sometimes they end up being correct during a longer bear cycle rather than a mere correction within the bull market, and surely none of us can really know with any certainty whether we are in a bear or  bull market - even if we might have our hunches that lean one way or another - and we surely do get a lot of throwing around the terms bear and bull market prematurely, to suggest that even bitcoin is going to change from one to another in short time periods comes off as nonsensical to a lot of us who have been in this space for a while, especially those of us who have learned to appreciate the power of the various longer term BTC price prediction models including both the stock to flow and four-year fractal models that have  decent amount of seemingly fair emphasis in considering BTC price moves (at least so far) in four year periods.

Now price has reached $40K, he is patiently waiting for $30K again. Probably at $50K he was waiting for $40K, but since chickened out of buying the dip after convincing himself $40K would break.

You seem to be giving that dweeb way too much credit in terms of his actual genuineness, to the extent that he has ever bought any coins and sold too much too soon and whether he is actually considering that there might be price points in which he would buy back in.

He seems to largely be here to just make negative predictions and to attempt to appeal to the fears and reservations that some weaker hands might have in terms of their investment into bitcoin.. in other words a typical troll/shill who either has no actual stake in bitcoin or is able to present his/her nonsensical FUD spreading ideas in a way that is separate from his her actual bitcoin holdings... even though it would make little to no sense for anyone who is actually educated about bitcoin to have zero stake in bitcoin (even though we do know that there are quite a few dumbasses who actually are that adamant in drinking their own inconsistent koolaide).

Sounds like a case of waiting for prices to drop $10K further during a correction, but then continuing to want to buy $10K lower.

Sure there are those kinds of people who exist too.. but I doubt that diptwat billynocoiner is one of those.

At $10K Billy would probably be waiting for $0K. This is why this strategy doesn't work.

My guess is Billy will end up fomoing in at $65K, after selling around ~$40K-50K.

Actually, there are folks who are going to end up FOMO-ing into bitcoin above $65k... maybe $80k and above... and sure some of those stubborn dumb fucks are going to take more than another cycle to play out before they get into bitcoin.. so maybe they would be buying in the supra $200k price arena.. but yeah for sure there is going to be variance in terms of these kinds of people who are currently knowing about bitcoin but failing/refusing to invest into bitcoin but at some point realizing that it is better to be in rather than continuing to fight the inevitable.

[OutOfMemory]

Getting sick of these dips now. Starting to doubt my confidence about new highs later in the year now  
Edit - Not selling obviously but not feeling particularly bullish atm.

 A handsome, tall black fellow, wearing fashionable yet comfortable clothing approaches you from out of nowhere. A well worn tan cowboy hat adorns his head, suggesting an untold history of experiences and legends yet to be revealed.

 You notice the man is carrying two dull circular metal plates, pocked with spherical indentations and scrapes - Clearly having been punished to their material limits.

 The man holds out the two plates, with his left arm - somehow defying the laws of gravity.

 With his right arm, he tips his hat, and mutters "You are going to need these more than I do right now".

 The dark man turns, and walks off into the western sunset.

That's nice. I feel like the plates would have either stamped, engraved, or etched characters in them. Could it be 12 to 24 words?

I was actually thinking of some sort of testicular protection, since LFC dropped a bearish comment. 
I'm not aware that he ever did that before 

[Torque]

PSA: My fellow WO'ers, there's a reason that the month of September has always traditionally been bad for stonks (and now Bitcoin is no exception).

Remember "Sell in May and go away"? Yep, deep pocket Wall Street traders sell off their positions in May so that they can go and play all summer long, take extravagant vacations, fuck off, etc.

So they come back to the trading table after August is over, ready to start fresh trading again.

You think they're just going to take up large positions again at whatever the current market price is? Nope. They are going to open large short positions first, and then short like hell, scooping up cheaper equities (and now sats) as the rest of the mom & pop retail traders freak out and sell. The MSM helps them out by spinning a convincing narrative of market doom and gloom.

Shit like this:
https://www.cnbc.com/2021/09/20/cramer-says-take-crypto-profits-cites-evergrande-related-tether-risks.html

So cheer up and BTFD.

Remember that for them, the stonk market has to end at least +10-12% in the green for the year by Christmas or they are losing wealth. And this includes Bitcoin.

[OutOfMemory]

^ In Sept. 2017 BTC also dipped quite a bit, but it was mostly going up (daily) from that point onward.
I remember buying in the first time a few weeks earlier and Bitcoin dropped down a little bit above the price it was when i bought.
I also panic sold a few days after i bought, just to buy in again one or two days later, when it was going up again. I'm glad i didn't make this mistakes later in Sept 2017.
#hodl

[LFC_Bitcoin]

^ In Sept. 2017 BTC also dipped quite a bit, but it was mostly going up (daily) from that point onward.
I remember buying in the first time a few weeks earlier and Bitcoin dropped down a little bit above the price it was when i bought.
I also panic sold a few days after i bought, just to buy in again one or two days later, when it was going up again. I'm glad i didn't make this mistakes later in Sept 2017.
#hodl

Just looking at past bitcoin prices & September 2013 caught my attention.

29 September 2013 - Price was $137
The top for that cycle, a few months later in 2013 was over $1,100.

Now, if we can even do 3 or 4 x the current price I will be the happiest man alive.

[cAPSLOCK]

PARIS — Calling American and Australian behavior “unacceptable between allies and partners,” France announced on Friday that it was recalling its ambassadors to both countries in protest over President Biden’s decision to provide nuclear-powered submarines to Australia.

It was the first time in the history of the long alliance between France and the United States, dating back to 1778, that a French ambassador has been recalled to Paris in this way for consultations. The decision by President Emmanuel Macron reflects the extent of French outrage at what it has a called a “brutal” American decision and a “stab in the back” from Australia.

But why would France care so much? Does this adversely affect their military standing on the world stage?

Australia on Wednesday canceled a $66 billion agreement to purchase French-built, conventionally powered submarines, hours before the deal with Washington and London was announced.

Oh, money, grift, corruption and pork.

Of course.

What hurt them most is (apart from losing contract) there was no formal discussion on deal cancellation and Australia notified them just before the announcement, like 1 hour or so lol. Literally no one see that coming even Australian ministers.

The French as part of the EEC did not care when quotas for exports from Australia to Great Britain, a major trading partner were imposed when GB joined the EEC. Australia took a blow, and a lesson and now concentrates on trade in Asia.

European defense policy is in disarray meanwhile People’s Liberation Army Navy has 6 nuclear subs, 50+ conventional and rapidly increasing spending. Australia require the latest and best to help balance power in the region.

I believe India has one nuclear sub with 3 more to follow, all designed and built there.

IMO EU should be fine in longer run if they start pumping money in defense, they needs to be careful tho. Leadership is important, recently French presidential candidate for 2022 made some noise in favor of Russia and China due to this recent deal, don't know if it was only political speech or Far right in France really hate USA that much.

Conventional subs are okay-ish for defensive strategy but inferior when it comes to hunting game, that's where SSNs (nuclear -powered) comes up so Oz did hit the jackpot by striking this deal, considering few countries operate SSNs and has this technology. Its clear that Australia changing their doctrine but it will take decade to mature, till then they could also try leasing couple of subs from the USA similar to India (Russian sub).

Yeah but all of them are SSBNs (Nuclear armed) for deterrence /second strike capability. 6 SSNs (right now India using Russian sub) and 6 S5 class subs(Next generation subs, not sure if its SSBNs or SSNs)  are also in pipeline and construction is about to start so India is heading in the right direction and i think France is going to assist us this time, last time they declined to provide any support but now table has turned because of AUKUS alliance.

Well something is going on in the world, Sweden increased it's military expenditure with 40% and four new regiments and one new air flotilla is opening very soon, the firs, K4, is opening on September 24.
https://tekdeeps.com/sweden-gets-five-new-regiments-and-a-new-air-flotilla/

Very few people see it yet, but we are gearing up for the big one in my humble opinion.  France pulled their ambassadors from the US as we sent nuke subs to Australia?  Lines being drawn between the sides.  And the regular people like us will pay the price.

[cAPSLOCK]

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

please hold on to the rocket stalk

I have no idea what this means, but I merit it.

[cAPSLOCK]

Anyway, interesting poll.  And I for one, look forward to the privacy improvements coming to Bitcoin.

Doesn't Lightning do it?

Lightning is a GREAT protocol, and does much for privacy, but I do not believe it quite reaches monero level privacy. 

[BlackHatCoiner]

Doesn't Lightning do it?

Only if you run your own lightning node and decide to never go back to the chain which seems unrealistic.

[serveria.com]

Getting sick of these dips now. Starting to doubt my confidence about new highs later in the year now  
Edit - Not selling obviously but not feeling particularly bullish atm.

 A handsome, tall black fellow, wearing fashionable yet comfortable clothing approaches you from out of nowhere. A well worn tan cowboy hat adorns his head, suggesting an untold history of experiences and legends yet to be revealed.

 You notice the man is carrying two dull circular metal plates, pocked with spherical indentations and scrapes - Clearly having been punished to their material limits.

 The man holds out the two plates, with his left arm - somehow defying the laws of gravity.

 With his right arm, he tips his hat, and mutters "You are going to need these more than I do right now".

 The dark man turns, and walks off into the western sunset.

The notorious titanium plates. How many balls have been crushed by them? Fucking legend.  

[OutOfMemory]

^ In Sept. 2017 BTC also dipped quite a bit, but it was mostly going up (daily) from that point onward.
I remember buying in the first time a few weeks earlier and Bitcoin dropped down a little bit above the price it was when i bought.
I also panic sold a few days after i bought, just to buy in again one or two days later, when it was going up again. I'm glad i didn't make this mistakes later in Sept 2017.
#hodl

Just looking at past bitcoin prices & September 2013 caught my attention.

29 September 2013 - Price was $137
The top for that cycle, a few months later in 2013 was over $1,100.

Now, if we can even do 3 or 4 x the current price I will be the happiest man alive.

That Evergrande news avalanche is shitty, though. MIght take BTC with it for a while. I don't care. Got no short term plans for fiat.

[serveria.com]

Getting sick of these dips now. Starting to doubt my confidence about new highs later in the year now  

Edit - Not selling obviously but not feeling particularly bullish atm.

Frankly, I don't believe my eyes - battle (and dip) hardened LFC is posting this bearish/chicken talk? Don't you remember the good old days of 2013 and 2017? I fear you're about to get batman slapped by Mr JJG!  

[cAPSLOCK]

https://twitter.com/i/events/1439675314217517057

Yall using your BIP39 passphrase, right?  RIGHT?



(also I suggest backing up your keys with PGP (GPG) encryption and a strong password somewhere else as well.  USB drive... archival CDR... *cough* cloud *cough*)

[ChartBuddy]

Explanation

[JimboToronto]

...two dull circular metal plates, pocked with spherical indentations and scrapes...

That's nice. I feel like the plates would have either stamped, engraved, or etched characters in them. Could it be 12 to 24 words?

Only 4 words required:

Buy the dip. Hodl.

[JayJuanGee]

$11000 in one hour  

Excuse me for quoting myself but how time flies

$44000 in one hour  

I had to do it... adding some math and science with proof (not like proudhon just bluffing).... pure facts and figures.

Facts:
Sep 2020   $11,000
Sep 2021   $44,000



hence we will be hitting $100k again around May 2023.

again: because first $100k is already scheduled for Dec 2021

Two data points comes off as a pretty weak-ass kind of way of projecting our future in bitcoinlandia based on "data"  but hey, you do you.  #nohomo.

 


So many peeps seem inclined to roll their own BTC price prediction model(s) (no matter how detached from "reality" or ridiculous shooting at a dart board... just throw out a few data points, some quasi-logic and roll with it.. (puns intended)).

The next full moon will occur on Monday, Sept. 20 at 7:55 p.m. EDT (23:55 UTC), but the moon will appear full the night before and after its peak to the casual stargazer. September's full moon will be the Harvest Moon of 2021, though it is sometimes known as the Corn Moon and has many other nicknames by different cultures.

Is full moon the reason we got a dip? Do we get a pump at the next full moon?

We need Jupiter9 to come back to the thread and to enlighten us neophytes about such profundities.

Jupiter9 where are you?  Sorry that I was a meanie to you.  We (royal, of course) want you to come back to this here thread and teach us about the significances of heavenly bodies in connection with king daddy. 

[LFC_Bitcoin]

Getting sick of these dips now. Starting to doubt my confidence about new highs later in the year now  

Edit - Not selling obviously but not feeling particularly bullish atm.

Frankly, I don't believe my eyes - battle (and dip) hardened LFC is posting this bearish/chicken talk? Don't you remember the good old days of 2013 and 2017? I fear you're about to get batman slapped by Mr JJG!  

I sell nothing.

That doesn’t stop me being a spoilt kid at times though

[Arriemoller]

Getting sick of these dips now. Starting to doubt my confidence about new highs later in the year now  


Edit - Not selling obviously but not feeling particularly bullish atm.

You are such an emotional bitch sometimes, I virtually slap you and tell you to snap out of it, because I can't do it IRL.

And of course, since we live in the ago of morons I add some smileys. 

[Arriemoller]

Getting sick of these dips now. Starting to doubt my confidence about new highs later in the year now  
Edit - Not selling obviously but not feeling particularly bullish atm.

 A handsome, tall black fellow, wearing fashionable yet comfortable clothing approaches you from out of nowhere. A well worn tan cowboy hat adorns his head, suggesting an untold history of experiences and legends yet to be revealed.

 You notice the man is carrying two dull circular metal plates, pocked with spherical indentations and scrapes - Clearly having been punished to their material limits.

 The man holds out the two plates, with his left arm - somehow defying the laws of gravity.

 With his right arm, he tips his hat, and mutters "You are going to need these more than I do right now".

 The dark man turns, and walks off into the western sunset.

That's odd, I have always imagined the plates as rectangular.

[JayJuanGee]

that is a trend line... not actual price, it could race up to 200K tomorrow and fall back down to 20K, that chart is just showing the price is trending up.... following the path that fits the price of $11k and $44K

Hopefully, in the rest of this year, the price will get more enthusiasm from big companies or people to invest in bitcoin, and the rally will come again.

Huh?

We are already in the midst of a rally.

Can't you see nuttin?

Sorry for the OT.

No you are not...  





hahahahahaha