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

[ChartBuddy]

Explanation

[goldkingcoiner]

observing BTC at 60k!

just sold a piece for 60k

[Phil_S]

We only had like 8 days to enjoy 50s... 

[eddie13]

just sold a piece for 60k

Was it my piece?

[JayJuanGee]

if you are willing or able, you can borrow the mobile phone of your wife, gf, child or parents for these few minutes and quickly take a photo
that's how it was in my case too, and certainly with the other two bros as well

I've heard that some people possess a new kind of device where they have separated the picture taking functionality from the phone into its own module. My sources say that this may be called a "camera"

I heard that some people believe that the ONLY way to get a second phone is to acquire and maintain a GF...

nobody here actually believes that

..and @JJG...nothing.

Barely even a mention...

 

Sucks to be me.

https://www.investing.com/news/stock-market-news/us-sec-poised-to-allow-first-bitcoin-futures-etf--bloomberg-news-2644681

Not excited at all.

ETFs are allowed by SEC so that the powers that be can sell something they don't have (bitcoin) by pledging something they have in unlimited amount through the $$$ printing press. By creating unlimited amounts of paper gold they controlled the price of gold. They'll attempt to do the same with bitcoin!

Hahahahahaha

For sure, you are correct there, becoin.

The various powerful financial system incumbents are going to try their damnedest to try to control bitcoin, and they have so much huberis that a decent number of them believe that they can accomplish their control of bitcoin mission...

Surely, they are going to need luck because their abilities for success are not as obvious as some of them might believe since the ability to demand immediate possession of bitcoin (is different than any other traditional assets) is going to play into this matter, and sure, they can still fractional reserve the fuck out of this whole bitcoin thingie-ma-jiggie and create a lot of contracts that restrict HODLers from demanding/gaining immediate possession of their bitcoin (vouchers), and it surely is going to cost the manipulating intended financial folks a lot of money with a hopium that they are going to be successful, rather than getting reckt by overplaying their hands.. and good luck with that..

Hang on for the ride baby!!!!!!!!  The next years are critical.^tm

Which side do you want to be on?  Do you want to HODL some bitcoin, just in case it catches on?  What should be your bitcoin allocation?  no coins?, 1%?  10% or some higher amount?  DYOR, YMMV... ^{credit to toxicmoxic   - where is that boi?}

[UnDerDoG81]

After we break ATH I guess we will see some 10k pump days.

[cygan]

[d_eddie]

just sold a piece for 60k

A serious WOer, promising he'll take one for the team - and actually taking the hit. Thank you, again!

[Hhampuz]

New ATH on a Friday, how wonderful

[OROBTC]

just sold a piece for 60k

Last night I sold a small sliver of my BTC stack at some $59,500.  Taking profits is not a bad thing for essentially any investment that has had a sharp price run-up.  OK, my timing is not great, I have known and mentioned that here many times.

*   *   *

The problem I have with being "All-Inn" with just BTC is that there are unknown risks out there ("Black Swans").  Most (not all of course) of my thinking follows that of most of W.O.  But with Black Swans (by definition not knowable), there really are unknown risks.  Unknown risks are why I diversify.

That said, I agree with Saylor (and the band of warriors here at W.O.) that BTC is likely (note word "likely") the Apex Asset.  But, you never know...:

"The Ten Thousand Things rise and fall without cease"

-- Lao Tse



EDIT: just saw BTC price cross $61,000.  "Shoulda sold that slice this morning"  Ah well, I did write that my timing is not the best...

[jojo69]

[JayJuanGee]

Stash equal to, say, 10-20 ranches (or lakes) X0.16= 2-3 more ranches (or lakes, whichever it is)

Hahahahaha

Funny to hear that "hypothetical" from you Biodom.. with your 20 BTC waiting for $10 million per bitcoin.. hahahahahaha

It's started.
To those who endured: you deserve it.
Enjoy the ride.

it's hard to believe...after so many jarring setbacks.
Looking just at the 200wk average would help to maintain sanity.
That's pretty much the only thing @JJG got right.

I am "pretty much" glad that you are appreciating "some" of my contributions.

[AlcoHoDL]

Neurons refreshed! All is fine!

Off for a walk to breathe some fresh air... This is all...too much.

#tough_life

[jojo69]

https://www.youtube.com/watch?v=qsOhmN2mpHI

[ChartBuddy]

Explanation

[JayJuanGee]

Saw today's morning candle, which i was expecting yesterday. Honey badger hunting highs again  

EDIT: $60k seems to become a tough nut to crack  

I would suggest that we just barely got to $60k-ish.... Yes, there has been additional UP price movement since your post, too.. including the breaking above of $60k in the last 4 hours ....

Anywhooo, what I am wanting to say is that we just arrived (again) at supra $50k a mere 10 days ago.. and pretty much there has been steadily UPpity ever since around that time.. and even from the mid to upper 40ks....  

In other words, we should not be expecting that there might not be any kinds of pausenings of the UP price movements in the process of ongoingly going up, right?

Gosh.

We have not had pausing for very long at any point between $50k and $60k.. and surely meaningfully getting above $53k (which probably was something like the $55k entrance to noman's land), has brought us a kind of ongoing uppity momentum.. which is kind of characteristic of what happens in noman's land.... sure we could have some more pausenings along the way to $80k in the coming weeks, but still has a kind of noman's land feeling to me... at least tentatively speaking and hardly finding any difficult nuts to crack, so far.. even getting  into the $50ks again around 10 days ago and 10 days of almost steady UP.. without any real substantial or meaningful pauses.. at least, so far... in other words, this is about as good as any of us could (or should) be expecting - given current circumstances and given our around 6 months of pausenings in terms of reaching ATHs and taking around 6 months to get back to the place where we had already been..such a short time ago..

I'm dying to watch the next Saylor interview with Laura anyone.

It will be so much fun. "Bitcoin is the apex of humankind's most advanced, thermodynamically closed monetary energy system. To those who sell it: I just pity them!"

hahahahaha

pity the fool

[vroom]

chopper is prepared. don't disappoint me bitcoin  

[JayJuanGee]

chopper is prepared. don't disappoint me bitcoin our savior, king daddy  

FT prayer FY

 

[podyx]

What will be some good altcoins to invest in after the BTC rush is over? Have to be prepared.

[Paashaas]

New ATH is only ~$2000 from here.