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

[ChartBuddy]

Explanation

[bitcoinPsycho]

I'm calling it

[philipma1957]

I just got 3 little pieces at 58.9k one for each of my three accounts. I will get more if we dip more.

[aysg76]

I couldn't believe it but GoldPrice.org confirms it: Gold is worth less than it was 10 years ago!
Considering how crazy the entire economy is, anything from stock market to supply chains and central banks pumping inflation, I would have expected many people to flee into gold already.

We were ignorant enough to check the returns already and thought gold was our safe heaven but with bitcoin becoming the top most priority of investors who want to have secured future these reports are no more hidden and the gold investment lying in the bank lockers have not yeilded any returns to the holder and on the other side btc has gained $1.2 trillion market cap within 12 years and giving more than 15,000% returns over these years.The central government is pumping insane monetary supply to create some hyper inflation situation in the market which makes your fiat and gold worthless and only possible thing is bitcoin that could save you.The percentage for gold community is slightly diminishing with these returns who knows what to do next and those still holding them best wishes the government can ask you to deposit it if they see some out of control situations.See if you are active in the crypto world you have to make it confirm that it was true how ignorant the holders would be? As i have said earlier also gold is no longer safe heaven on earth but it's just becoming a shiny metal that could provide your light when doomsday come but bitcoin could take you out to some safe place and you are the right owner of your funds.

[fillippone]

I couldn't believe it but GoldPrice.org confirms it: Gold is worth less than it was 10 years ago!
Considering how crazy the entire economy is, anything from stock market to supply chains and central banks pumping inflation, I would have expected many people to flee into gold already.

PlanB tweeted the other day something similar:


https://twitter.com/100trillionUSD/status/1453006360568811531?s=20

As you can see, GOLD Valuation barely moved during last 10 years.. purple dots are almost impossible to distinguish from each other.
While BTC is catching up.

[ChartBuddy]

Explanation

[aysg76]

As you can see, GOLD Valuation barely moved during last 10 years.. purple dots are almost impossible to distinguish from each other.
While BTC is catching up.

In coming times you will see these purple dots sharply going downwards and out of the charts with the gold being out of investors investment choices also.Most people avoid these charts and are busy in show off their gold jewellery and maybe don't have a reality check mirror to witness all these diminishing returns.I sometimes wonder how bitcoin is now becoming good investment from being targetting it as criminal currencies and now knows it that their own fiat and other investments are going to be dead so they are moving to bitcoin.

[ChartBuddy]

Explanation

[bitserve]

[El duderino_]

Amazing meme

Long time no see

Btc @58-59-60kand this gif appropriate

Just WooooooooooooooooW

[Lucius]

... smells like option expiry, just about set your calendar by the bitcoin price these guys are so transparently manipulating now

Are your fuel prices too high? No problem, get rid of stress by playing something in the pipeline

[ChartBuddy]

Explanation

[Schnecke]

I SOLD 1% of my btc to pay my crypto taxes from 2017. First time ever I cashed out for fiat. Feeling like a monster now

[Sayeds56]

[BitcoinBunny]

At this stage I don't understand why every Tom, Dick, Harry and their dogs aren't buying Bitcoin.

What the fuck are people waiting for?

The news is literally reporting in the UK that inflation will hit 5.4% next year.
I'm of the opinion they always under report this. So real figures will be higher surely.

People are fine with getting 5-6% minimum poorer every year yeah?

Are people under the illusion that the precious money they are shoving into their private pensions somehow won't be affected by this?

What the fuck are people doing?

Gold sucks as has been pointed out.
Property most people can't afford or becomes a fucking headache with renters etc.

Why exactly are people waiting and watching themselves getting poorer?

Still hoping on that "inevitable" lottery win as long as they keep playing?

[ChartBuddy]

Explanation

[machasm]

At this stage I don't understand why every Tom, Dick, Harry and their dogs aren't buying Bitcoin.

What the fuck are people waiting for?

The news is literally reporting in the UK that inflation will hit 5.4% next year.
I'm of the opinion they always under report this. So real figures will be higher surely.

People are fine with getting 5-6% minimum poorer every year yeah?

Are people under the illusion that the precious money they are shoving into their private pensions somehow won't be affected by this?

What the fuck are people doing?

Gold sucks as has been pointed out.
Property most people can't afford or becomes a fucking headache with renters etc.

Why exactly are people waiting and watching themselves getting poorer?

Still hoping on that "inevitable" lottery win as long as they keep playing?

As much as I hate to say it I think the reason is that most people still don’t understand what is going on. Others still dont know how to HODL bitcoin or how to get a hold of it or think it is still a “risky” investment due to the MSM scare mongering.
We need another cycle or even two before the masses really start to understand what is going on.
On a good note that means that it is still early for the rest of us.

[serveria.com]

At this stage I don't understand why every Tom, Dick, Harry and their dogs aren't buying Bitcoin.

What the fuck are people waiting for?

The news is literally reporting in the UK that inflation will hit 5.4% next year.
I'm of the opinion they always under report this. So real figures will be higher surely.

People are fine with getting 5-6% minimum poorer every year yeah?

Are people under the illusion that the precious money they are shoving into their private pensions somehow won't be affected by this?

What the fuck are people doing?

Gold sucks as has been pointed out.
Property most people can't afford or becomes a fucking headache with renters etc.

Why exactly are people waiting and watching themselves getting poorer?

Still hoping on that "inevitable" lottery win as long as they keep playing?

Because "magic internet money" is for "pedos" and "drug dealers" 

[Biodom]

I SOLD....something else, haha.
House renovation, shmanovation.

[serveria.com]

I SOLD 1% of my btc to pay my crypto taxes from 2017. First time ever I cashed out for fiat. Feeling like a monster now

I absolve you from your sins my son, in the name of our Father Satoshi Nakamoto and the Holy Spirit of our King Bitcoin!