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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367151 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.)
lightfoot
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October 15, 2021, 08:46:08 PM

What I find odd is that alts are doing nothing. ETC is not climbing like this and LTC is at .003 to Bitcoin. It's been .004 all summer and was around .01 last year.

So there is a decoupling here. Odd.
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xhomerx10
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October 15, 2021, 08:48:46 PM

So, let me comprehend; PlanB predicted as a worst case scenario the $47k of August, the $42k of September and also said about $63k in October while it just reached $61.7k.

How.

 PlanB is the Bitcoin whale?
Wekkel
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yes


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October 15, 2021, 08:50:55 PM

What I find odd is that alts are doing nothing. ETC is not climbing like this and LTC is at .003 to Bitcoin. It's been .004 all summer and was around .01 last year.

So there is a decoupling here. Odd.

Seems entirely plausible to me.

Fiat -> Bitcoin
Bitcoin -> major alts
Major Alts -> shitcoins fest

The ones who understand, get rich.

/alt_speak
Torque
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October 15, 2021, 08:57:01 PM
Merited by JayJuanGee (1)

What I find odd is that alts are doing nothing. ETC is not climbing like this and LTC is at .003 to Bitcoin. It's been .004 all summer and was around .01 last year.

So there is a decoupling here. Odd.

This is, and always has been, the great delusion among the shitcoin beliebers: that shitcoins won't fall and trail behind Bitcoin (news flash: they will, and the gap will continue to widen).

"Crypto diversification" is the great lie that establishment trolls/shills have successfully spread through their astroturfing and gaslighting efforts.

Shitcoins are to Bitcoin, what the pink sheet penny stocks are to the FAANGS: garbage.
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October 15, 2021, 08:59:44 PM

What I find odd is that alts are doing nothing. ETC is not climbing like this and LTC is at .003 to Bitcoin. It's been .004 all summer and was around .01 last year.

So there is a decoupling here. Odd.

Seems entirely plausible to me.

Fiat -> Bitcoin
Bitcoin -> major alts
Major Alts -> shitcoins fest

The ones who understand, get rich.

/alt_speak

Shitcoin Shills -> GTFO!  Cool
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October 15, 2021, 09:01:33 PM


Explanation
philipma1957
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October 15, 2021, 09:05:17 PM


And I will be selling a piece in about 10 minutes time.
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October 15, 2021, 09:06:32 PM
Merited by El duderino_ (4), JayJuanGee (1)

If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.
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October 15, 2021, 09:09:07 PM
Merited by philipma1957 (1)

I'm just gonna hold my peace.
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October 15, 2021, 09:09:08 PM
Last edit: May 15, 2023, 10:48:42 PM by fillippone
Merited by El duderino_ (4), JayJuanGee (1)

BREAKING: SEC APPROVES FIRST U.S. BITCOIN FUTURES ETF FROM PROSHARES - $ BITO



https://www.sec.gov/Archives/edgar/data/1174610/000168386321006052/0001683863-21-006052-index.htm
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October 15, 2021, 09:11:07 PM

Jesus says: "Gotta BUY MORE BITCOIN"

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October 15, 2021, 09:13:40 PM

Shitcoin Shills -> GTFO!  Cool

Hey, I'm pointing out an analysis of recent trends.

And yes, we all know shitcoins are shit, however if you're paying a hooker you don't want her waiting around for 10 minutes for a confirmation. You use LTC where it's 2.5 minutes tops and she's gone.

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October 15, 2021, 09:16:07 PM
Merited by El duderino_ (5)

So is the ETF now priced in already or will we see a blast off once its official? I can imagine whales will do what they did after El Salvador made BTC legal tender. DUMP.
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October 15, 2021, 09:19:52 PM
Merited by El duderino_ (2), JayJuanGee (1), UnDerDoG81 (1)

So is the ETF now priced in already or will we see a blast off once its official? I can imagine whales will do what they did after El Salvador made BTC legal tender. DUMP.

Many more to come in the short term so perhaps it keeps pumping.


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October 15, 2021, 09:28:36 PM
Merited by LFC_Bitcoin (3)

If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.

Maybe rich, but Bitcoin poor

Few understand what’s more important
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October 15, 2021, 09:29:00 PM

The Jamie Dimon clown show contra indicator:



Just underscores the old adage of it's not what you know, it's who you know.

Meanwhile, where five years ago, mentioning Bitcoin as a hedge against inflation when it came up in forums would typically be met with poo-pooing or countering with suggestions of gold five years ago. These days, no pushback or maybe someone pushing shitcoins at the most.
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October 15, 2021, 09:29:48 PM
Merited by JayJuanGee (1)

So is the ETF now priced in already or will we see a blast off once its official? I can imagine whales will do what they did after El Salvador made BTC legal tender. DUMP.

Whales that did dump after El Salvador made BTC legal tender are now dead. They became food for small fish.
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October 15, 2021, 09:42:36 PM
Merited by JayJuanGee (1)



It's a bit similar... kinda rhymes...
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October 15, 2021, 10:01:24 PM


Explanation
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October 15, 2021, 11:01:25 PM


Explanation
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