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

[rdluffy]

Hey guys, just want to share my happiness

It's the first ATH that I didn't sold any satoshi, even bought some more on 30k, 42k and my wallet is untouched 

Previous ATH I was selling at some levels, but this time I have strong hands 

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[ProfTP]

Winner

in the media they tell how much a dictator he is. They tell that two thirds of the people are against him, like it was a plebiscite, but in reality it was just a survey with a couple of thounsand people max.

I looking forward what they will tell end of the year and i am even looking more forward how the country will develop in the coming years. It can become the switzerland of middle america.

[infofront]

the current bill makes the tax change retroactive to Sept 13th of this year... So if you are trying to beat the changes, it may already been to late...

Fuck. Oh well... Gotta do what I gotta do...

Trying REAL HARD not to go on a political tirade here

<sighs>

EDIT: To celebrate the new ATH day

Fucking enrages me too. I don't even care about the "infrastructure" spending. They can increase it to $35 Trillion for all I care. Just don't raise my taxes and empower the IRS.

[marcus_of_augustus]

.... mainstream media is just the biggest piece of shite, in fact it is positively toxic to the well- being of individuals and society

... how wrong have they been about bitcoin? And duplicitously wrong too. Deceptive, conniving, secret agendas, lying, foolish, lazy, all the worst traits of humanity in one little package of shite

[Paashaas]

https://twitter.com/BitcoinMagazine/status/1450840947806380032

[ivomm]

Once again the fiat empire has been defeated! There is only one music worthy for days like this:

https://www.youtube.com/watch?v=yixG8pfncOs
Star Wars IV: A new hope - Final Scene (The Throne Room) and End Title

P.S. Selling?!? I don't think so!  I am celebrating with buying!

[eddie13]

WOOOOOOOTTTTT!!!!!!!!!


ATH ATH ATH ATH ATH ATH

 

[Torque]

.... mainstream media is just the biggest piece of shite, in fact it is positively toxic to the well- being of individuals and society

... how wrong have they been about bitcoin? And duplicitously wrong too. Deceptive, conniving, secret agendas, lying, foolish, lazy, all the worst traits of humanity in one little package of shite

But if you think about it in retrospect, it all makes sense. The decade long smear campaign against Bitcoin was all by design.

How many new millionaires would have been minted worldwide by now, had the MSM and financial elite promoted and evangelized Bitcoin since $1/btc? Or $0.10/btc?

Far, far too many. If everyone quits working because they are newly bitcoin rich, guess how many debt slaves they have left to pay taxes, mortgages, and loans? Nada. The world's economies would crumble overnight.

They couldn't have that. Only a handful of wealthy elites get millions of shares of Amazon or Facebook at $0.001c/share pre-IPO. Not millions of Average Joes. That's not how it works.

[BitcoinBunny]

.... mainstream media is just the biggest piece of shite, in fact it is positively toxic to the well- being of individuals and society

... how wrong have they been about bitcoin? And duplicitously wrong too. Deceptive, conniving, secret agendas, lying, foolish, lazy, all the worst traits of humanity in one little package of shite

Not just Bitcoin unfortunately....

This graph clearly shows that the action western governments took after 2008 and the "pandemic" were in the interest of themselves and their own buddies rather than anyone else:



The media never questioned a thing.

Meanwhile money printers continue to go brrrr in what can be considered an act of financial terrorism on mostly the middle class.

[Copetech]

.... mainstream media is just the biggest piece of shite, in fact it is positively toxic to the well- being of individuals and society

... how wrong have they been about bitcoin? And duplicitously wrong too. Deceptive, conniving, secret agendas, lying, foolish, lazy, all the worst traits of humanity in one little package of shite

But if you think about it in retrospect, it all makes sense. The decade long smear campaign against Bitcoin was all by design.

How many new millionaires would have been minted worldwide by now, had the MSM and financial elite promoted and evangelized Bitcoin since $1/btc? Or $0.10/btc?

Far, far too many. If everyone quits working because they are newly rich, guess how many debt slaves they have left to pay taxes, mortgages, and loans? Nada. The world's economies would crumble overnight.

They couldn't have that. Only a handful of wealthy elites get millions of shares of Amazon or Facebook at $0.001c/share pre-IPO. Not millions of Average Joes. That's not how it works.

If everyone is a Super Hero,
Noone is a Super Hero.

[El duderino_]

Probably nothing. #bitcoin 
https://twitter.com/jesseolson/status/1450523323591315458?s=21

[Torque]

Paul Tudor Jones says crypto is his preferred inflation hedge over gold right now
https://www.cnbc.com/2021/10/20/paul-tudor-jones-says-crypto-is-his-preferred-inflation-hedge-over-gold-right-now.html

What a shock.

[suchmoon]

I know I'm way way late with the ATH fireworks but I gotta do it for the "I was here when corn was in 5 digits" posterity:

[eddie13]

Eh Eherm..

When it breaks $65k it’s going to immediately go to $66k-$67k Atleast in like 3 minutes..

[tokeweed]

Congrats everybody.

[ChartBuddy]

Explanation

[BitcoinBunny]

InvestAnswers just said something I've been thinking about for a while.

Although paying off my mortgage is something I could do with the BTC gains he pointed out if you borrow against 2-3% it's really (almost) free money considering the massive inflation rate.
Michael Saylor has been talking about the near zero business loans also.
At least mortgages for individuals are still low, unlike ridiculous credit card rates.

Furthermore I believe BTC will go much higher.
A $1 million BTC and even $10 million BTC in the next 5-10-15 years will not surprise me. Well before my mortgage ends anyway.

Also, these free interest loans on furniture etc make sense since you will really pay less over the entire period rather than in 1 chunk today, again due to inflation.

[Torque]

InvestAnswers just said something I've been thinking about for a while.

Although paying off my mortgage is something I could do with the BTC gains he pointed out if you borrow against 2-3% it's really (almost) free money considering the massive inflation rate.
Michael Saylor has been talking about the near zero business loans also.
At least mortgages for individuals are still low, unlike ridiculous credit card rates.

Furthermore I believe BTC will go much higher.
A $1 million BTC and even $10 million BTC in the next 5-10-15 years will not surprise me. Well before my mortgage ends anyway.

Also, these free interest loans on furniture etc make sense since you will really pay less over the entire period rather than in 1 chunk today, again due to inflation.

For you, yes paying on a low interest mortgage while letting your bitcoin ride is probably the way to go for now.

But keep in mind, that you may still want to pay if off earlier than 30 years.

Here's why: Most young people don't anticipate ever getting laid off (even once, much less several times) and don't believe ageism is even a thing.

You really think that you'll stay employed for 30 years solidly straight with enough income (adjusted for insane inflation) to keep paying that mortgage every month/year and still have enough income left over to survive? You think that you'll be payed the same or more at 60 yrs of age, than you were making at 30? Or even adjusted for inflation? Think again. The time of 30 year careers with ever increasing income that keeps up with inflation is over. More like 15 at best, and then you'll hit a wall and have a career crisis. Throw in a failed marriage with some kids, and watch your financial net worth nearly reset back to zero.

Btw, this pandemic forced more people into early retirement than any other downturn in history (other than the Great Depression). And this won't be the last one, there will be major shake outs like this every 7-10 years.

[JayJuanGee]

http://bitcoinsperperson.com/

Well, part of the reason that I had mentioned that the new accumulation goal had moved down from 1 BTC to 0.21BTC was because it was getting tougher and tougher to even attempt to have such a goal of 1 BTC, even when we had dipped down to $28,600. 

So for sure, even the 0.21 BTC is going to get out of reach.. and yeah we might have to start pricing those initialBTC accumulation goals in satoshi's in order to make them sound bigger.  A goal of 21 million satoshis might still be reachable, but yeah maybe 10 million satoshis would be more realistic for normies, and surely once one goal level is reached, then they can move up to the next goal level, whatever that might be.. but getting off zero would surely be a good start.

64000 is the new 6400 haha

To me, it seems more like the new $18k.. we are probably not going to be seeing too much of $64k anymore, even though people will wait for the price to come back down to such price points.. and yeah.. sure it is possible that the BTC price will come back down.. but it is not guaranteed.. that's for sure.

[Lambie Slayer]

What's up everybody. King Bitcoin is treating us well I see.

Still almost 100 percent net worth invested exclusively in our lord and savior and loving it. Plenty of time to diversify in the grave.

1040 days into the Bull Market and all is well.