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

[philipma1957]

Sensors picking corn CCMF action coming soon to a chart near you!

Thank you, proudhon.

BTW, there are several WOers that I'd like to meet IRL. You can hate me for this, but proudhon is one of them.

It'd be fun to meet up. Maybe at the next $10,000 bitcoin party?

Sure when 0.01 btc = 10k

I will fly to England for a meet up.

Hell I may do it if

0.1 btc = 10k

[1714716627]

1714716627

[bitcoinPsycho]

please quote my picture ignore me:'(  https://imgur.com/HTGJjM4

[ChartBuddy]

Explanation

[philipma1957]

All hail proudhon

right on time

and boom up ⬆️ up 🆙 we go.

59k babeee!

[BitcoinBunny]

Happy Thanksgiving.

[d_eddie]

Sensors picking corn CCMF action coming soon to a chart near you!

Thank you, proudhon.

BTW, there are several WOers that I'd like to meet IRL. You can hate me for this, but proudhon is one of them.

It'd be fun to meet up. Maybe at the next $10,000 bitcoin party?

You misspelled $1,010,000.

I think he really meant $10, with 3 decimal places.





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... per sat.

[Arriemoller]

please quote my picture   https://imgur.com/HTGJjM4

Please learn to spell "John"

[Farmer Bill]

Proudhon posted, let's get ready for a new ATH  

Not likely, the bull cycle is finished. Think of it as if we are at February 2018, it’s over until 2024.

You will still be here whining and waiting to get back in when price is $90k.

So many here gave their precious time freely to give you good advice.

But you are too stupid to learn.

So how you gonna spend your time until 2024?

off jerking basement mom's

[cAPSLOCK]

I really know nothing about technical analysis (nor science or confirmed sources).  But this looks like either a falling wedge or a descending triangle.



It seems to be acting more like the wedge though.  And that looks like a decent breakout with a little volume

There would be some sweetness to bitcoin observing the US turkey holiday as it has in the past...

So thanks to the rest of the world NOT celebrating the holiday and getting on with business as usual!

[d_eddie]

I really know nothing about technical analysis (nor science or confirmed sources).

But at least you know some math, surely?

[ChartBuddy]

Explanation

[Black_Dark]

yes "John" 

https://imgur.com/owK9PpN

[d_eddie]

Some peep (not a bot!) was waiting for some kind of rampening up before calling the parabolic leg. Could noob floods count? Perhaps? Perhaps?

[psycodad]

Sensors picking corn CCMF action coming soon to a chart near you!

Thank you, proudhon.

BTW, there are several WOers that I'd like to meet IRL. You can hate me for this, but proudhon is one of them.

It'd be fun to meet up. Maybe at the next $10,000 bitcoin party?

Sure when 0.01 btc = 10k

I will fly to England for a meet up.

Hell I may do it if

0.1 btc = 10k

Nah, proudhon actually means 10 milions per btc, it just his Dyscalculia when he writes "10,000".

I for one look forward to meet permabull and best bullish-signal-ever-when-posting proudhon at 10m.

See you soon!

[Dabs]

Condolences to anyone who will be facing "Bitcoin fell $12,000" around the dining table today.

Ask them how much money they’ve made in the last 12-18 months (realised or unrealised). Show them your bitcoin balance & tell them what the price was 12-18 months ago. That will wipe the smile from their HFSP faces.

Happy Thanksgiving WO.

Don't show anyone anything. They'll only come around begging later.

Second this. Don't show anyone anything. Just smile and wave. You know what you have, they don't need to know.

[realsteelboy]

Condolences to anyone who will be facing "Bitcoin fell $12,000" around the dining table today.

Ask them how much money they’ve made in the last 12-18 months (realised or unrealised). Show them your bitcoin balance & tell them what the price was 12-18 months ago. That will wipe the smile from their HFSP faces.

Happy Thanksgiving WO.

Don't show anyone anything. They'll only come around begging later.

Second this. Don't show anyone anything. Just smile and wave. You know what you have, they don't need to know.

https://youtu.be/9GhAW36HN9A

[cAPSLOCK]

I really know nothing about technical analysis (nor science or confirmed sources).

But at least you know some math, surely?

I got about halfway through the multiplications tables when I realized that instead of memorizing the numbers I could just figure them by multiples of the lower ones, or use a little formula (algebra?  Is that a math?) to figure the number.

So 7 X 7 is 3 * (2 * 7) + 7, and since I know 2 * 7 is 14 (I hadn't given up by that point) I can know for sure that the answer is higher than 14!

So yeah... definitely know math.  (Or maths for you euro types)

[sirazimuth]

please quote my picture   https://imgur.com/HTGJjM4ppp

If one is looking to break one's merit virginity in the WO, asking to post an unoriginal cliché image with a weird spelling,
is probably not the way to go about it, even if one says please.
This is not an Instagram "like" contest.....just sayin...

[JayJuanGee]

Bitcoin Is The Single Best Shot At Achieving Liberty In Our Lifetime

The Bitcoin network itself and the personal owning of bitcoin is an act of peaceful rebellion against the fiat money system. Every day, when someone buys bitcoin, it moves money away from the fiat system and puts it into a store of value.

Has a few nice points.

It reminds me a little bit about what I said to a loved one that ultimately got them to want to purchase Bitcoin many years ago. I said it was an answer for all the people who so often ask, “but what can I do?” Easy. You can buy Bitcoin.

There remains a kind of weirdness in the fact that when each of us buy bitcoin and we participate in the bitcoin system in various ways that we choose - including attempting to be advocates for such system whatever other ways that we choose to participate (maybe even if it is ONLY buying bitcoin rather than also advocating for it), there is at least a dual outcome in terms of both our acting in our self-interest can also contribute to the soundness of the overall financial system.

It does seem strange when saying it and even attempting to explain to skeptical newbies (or even just skeptics in general).  A few days ago, I got somewhat mad at someone in real life who I had already persuaded to get involved in bitcoin, and maybe I should give some context... There were three of us in a car, and I was driving and we got onto to the topic of bitcoin because we were talking about some macro-problems (such as inflation and even that the feds have been increasingly forced into more and more money printing and they cannot really seem to find any kind of way out of that ongoingly debases the dollar including that the dollar is the reserve for the whole world, so the whole world pays for the USA debasing of its dollar), and I resorted to a little quip about bitcoin fixes this (addresses these issues by bringing soundness to the money) and even explained in a little monologue for something close to 5 minutes.

So the person that I had gotten into bitcoin for something like 9 months was in the passenger seat and her boyfriend was in the back (so he likely even knows less about bitcoin than her), and she asked him if anything that I said made any sense.  He made some lame comment like "kind of," and I said to the passenger seat person:  "look this is ridiculous.  You have been buying bitcoin for about 9 months and you do not even know what you are buying and why you are buying it."  She said, "wait a minute.  I am doing the right thing.  I am buying bitcoin.  Right?  What else am I supposed to do?"  I pretty much backed off and apologized.  I said that I sometimes lose patience around the topic and even put some of my standards on others in that I think that you should be studying the topic more regarding why you are in an investment."   I said a few more things, but I largely deviated away from the bitcoin topic even though it continued to bother me regarding the lack of any kind of base knowledge or even attempts to gain more knowledge by a person who had already decided to get into bitcoin but seems to hardly know anything about bitcoin except maybe that she might be able to use it as a retirement supplement.

Maybe my point is that people do not want to study or learn about things or to understand beyond the greatness of the system in which we are in, even seemingly smart people.  They seem to believe that everything is just going to fix itself and there are smart peeps in charge who got the whole system under control.. and sure historical gold bugs might be more receptive to and closer to understanding the bitcoin investment thesis.. and even though many of us might consider that the bitcoin investment thesis should be way more within the grasp of the understanding of normies.. so many normies really struggle with it... so will it take one or more cycles.. or does it just take one or two more generations?... hate to be anti-old people.... but there is something about this failure/refusal to change understandings of systems that have already worked... and bitcoin does not really fit so well into status quo systems, except to be a disrupter of them.

[ChartBuddy]

Explanation