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

[cygan]

found today while shopping ... unfortunately the atm was offline

[ChartBuddy]

Explanation

[BitcoinGirl.Club]

found today while shopping ... unfortunately the atm was offline

It's not ATM's fault, it's bitcoin to blame. We are going to break every record in the past. Time for $100k now, Sear belt?

[ChartBuddy]

Explanation

[d_eddie]

https://todayuknews.com/crypto-currency/impossible-to-run-away-from-cryptocurrencies-says-zimbabwe-finance-minister-emerging-markets-bitcoin-news/

I just wonder if their current "Master of Coin" knows it is impossible to print one trillion BTC notes... I guess someone would have told the higher ranks, no?

[ChartBuddy]

Explanation

[JayJuanGee]

Personally, I am interested in seeing what happens in terms of both getting to $80k and through noman's land, and then surely between $80k and $100k.. ... and maybe $80k and $100k are not much different from each other.. perhaps? perhaps?, but personally I don't necessarily want to get too presumptuous about $100k being a done deal until getting to and perhaps above $80k first.. which would be getting through noman's land and seeing how that anticipated journey plays out...

100k might be a slightly harder nut than 80k - if only for the strong psychological milestone of "adding one digit".

But that's nothing. Well, almost nothing. 1M, now that will be a stone hard nut. Just wait and see...

For sure my tentative idea is that there is likely to be some resistance before $100k but not too much resistance before $80k.. even though we know that anything can happen, and it would be somewhat surprising (but not way outside of expectations to shoot straight from $50k to supra $80k without some squabbling).... On the other hand, remember going past the $19,666 previous ATH in December 2020.. we did end up pretty much going straight from $17k-ish (and some would even point out lower numbers than that as the starting off ripping point), and there really was no meaningful correction to until we got to about $42k.. ..   I know holy shit, and I largely point that out to show that such a thing is possible.. but for sure we cannot sit back and expect it to happen again, merely because it already happened... and of course we have had other similar price shooting UPpity at several points in BTC's history.. so it is not any kind of complete surprise - even if it tends to feel like a surprise for a lot of us while it is happening.. because many of us are in awe contemplating that a violent correction "could happen at any time" but it continues to NOT happen.

[sirazimuth]

No one elaborates the number-go-up-number-go-down narrative better than you Jay.

[ChartBuddy]

Explanation

[BitcoinBunny]

Sometimes it's nice to have a lazy Saturday. I was relaxing on the couch this afternoon and listening to all sorts of BTC YouTube podcasts / debates.

The last one ended up talking all about NFTs and how they will continue to explode even though they were talking about billions of NFTs and how "everything" will be tokenised. What exactly is the value then and thus the point of having it?

I. just. don't. see. it. Maybe it's me.
But let people fart around with all that if they want, maybe I'll miss out, I don't really care if I do. I still think BTC will be king in the end and replace gold within the next few years in marketcap but then also continue to grow.
Partly because of scarcity, partly because it is much easier to get ahold of than almost anything else and partly because everything else inflates (including many altcoins!).

I think the fact BTC is so rare and doesn't inflate over time really has not caught on by the masses who simply think "well what about this token that I can have far more of?" etc.

Over the next week I'm off to have some fun paid for with dirty fiat so might not pay much attention if we are in for a rocket boost or a temporary jump down.


After all a man is supposed to live and not just exist.

[ChartBuddy]

Explanation

[philipma1957]

Sometimes it's nice to have a lazy Saturday. I was relaxing on the couch this afternoon and listening to all sorts of BTC YouTube podcasts / debates.

The last one ended up talking all about NFTs and how they will continue to explode even though they were talking about billions of NFTs and how "everything" will be tokenised. What exactly is the value then and thus the point of having it?

I. just. don't. see. it. Maybe it's me.
But let people fart around with all that if they want, maybe I'll miss out, I don't really care if I do. I still think BTC will be king in the end and replace gold within the next few years in marketcap but then also continue to grow.
Partly because of scarcity, partly because it is much easier to get ahold of than almost anything else and partly because everything else inflates (including many altcoins!).

I think the fact BTC is so rare and doesn't inflate over time really has not caught on by the masses who simply think "well what about this token that I can have far more of?" etc.

Over the next week I'm off to have some fun paid for with dirty fiat so might not pay much attention if we are in for a rocket boost or a temporary jump down.


After all a man is supposed to live and not just exist.

i like the liberty btc has given for fiat prisoners

[bitebits]

@bob, might be interesting to watch.

Rebalance-LND script. Never overpay again. Everything you need for setup and fee mgmt tips right here: https://youtu.be/be3lEYrE3cg

In the video:

-organic rebalancing and where to set fees
-circular rebalance
-loop out (only when absolutely needed, due to cost)
-rebalance-lnd program for profitable rebalancing
-automating rebalances


https://twitter.com/BitSummerRip/status/1448646317605998609

[eddie13]

found today while shopping ... unfortunately the atm was offline

I see Bitcoin ATMs EVERYWHERE but they have like $10,000 spreads on them!!
Damn near a scam!

Check the spreads on them, its insane..

Last one I checked a while ago, the price was about $40k..
Buy @ $45k, sell @ $35k..

GTFO..

Id love to use one just for the sake of it, but not with spreads like that..
Insane..

[ChartBuddy]

Explanation

[JayJuanGee]

No one elaborates the number-go-up-number-go-down narrative better than you Jay.

Sometimes it's nice to have a lazy Saturday. I was relaxing on the couch this afternoon and listening to all sorts of BTC YouTube podcasts / debates.

The last one ended up talking all about NFTs and how they will continue to explode even though they were talking about billions of NFTs and how "everything" will be tokenised. What exactly is the value then and thus the point of having it?

I. just. don't. see. it. Maybe it's me.
But let people fart around with all that if they want, maybe I'll miss out, I don't really care if I do. I still think BTC will be king in the end and replace gold within the next few years in marketcap but then also continue to grow.
Partly because of scarcity, partly because it is much easier to get ahold of than almost anything else and partly because everything else inflates (including many altcoins!).

I think the fact BTC is so rare and doesn't inflate over time really has not caught on by the masses who simply think "well what about this token that I can have far more of?" etc.

Over the next week I'm off to have some fun paid for with dirty fiat so might not pay much attention if we are in for a rocket boost or a temporary jump down.

After all a man is supposed to live and not just exist.

I will suggest that you seem to be onto something BitcoinBunny in regards to claims that something seems to be wrong in NFT-landia.. because hey they are playing off the rare and one of a kind ideas, and to suggest that the scam-shit projects are more scarce and rare than bitcoin, yet part of the picture is being missed in terms of Bitcoin's whole package of both security and even a chain or 21 million bitcoin or 2.1 quadrillion satoshis.. and even if there seems to be a lot of bitcoin/satoshis, they end up being more rare than the various crap projects because bitcoin is secured... and even the lack of uniqueness in each bitcoin/satoshi resembling another bitcoin/satoshi causes it to be both a fungible rarity and a liquid rarity - and sure maybe some other attributes that I am failing to describe, too.

i like the liberty btc has given for fiat prisoners

A pretty small minority of liberated fiat prisoners, so far... and sure it is still not too late for normies, even if there is a lot of being trapped in your own hopium that things are going to continue as they have been for the past many years.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

$60,000 holding, I hope we can turn it into support & have a swing at the ATH soon……





@BTC_Archive
BTC is +6% away from a new all time high!
We ready! 🚀
https://twitter.com/btc_archive/status/1449451091855347715?s=21


@julianhosp
A weekly close above 60k would mark the highest weekly close #bitcoin  ever head. Retweet to make it happen!! 🚀🚀

https://twitter.com/julianhosp/status/1449374874615615491?s=21


@BTC_Archive
BTC is up $17,191 in October.
The biggest monthly $$$ increase ever!
https://twitter.com/btc_archive/status/1449452477804339200?s=21


Keep it coming Uptober…..

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation