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

[Toxic2040]

Happy New Year!     



#dyor

4h


2021 started out kinda rough as well...just have to hodl in there gentlemen      entering again into a known s/r band      will we test the -0.618?  maybe..still a good time to keep stacking sats imho      trim her out to a quarterly beam and steady as she goes
D

#strongdip

[1714141685]

1714141685

[OROBTC]

...

m_of_a

One of these days you're going to have to tell us what that equation is...  I checked a couple of math sites awhile back, wasn't at any of them, similar ones, but....

[marcus_of_augustus]

...

m_of_a

One of these days you're going to have to tell us what that equation is...  I checked a couple of math sites awhile back, wasn't at any of them, similar ones, but.

... probably have to delete it as it's "off-topic" ... in the only off-topic thread on the whole fucking forum ... so I guess we see who really is behind all this 'censorship' and lies then, makes sense, bunch of degenerate psychopaths

Voltaire said, 'If you want to know who controls you, look at who you are not allowed to criticize'

[BitcoinBunny]

Raoul Pal is an even bigger imbecile than I thought he was after he started his nonsense ETH to $40K shite 4-5 months ago:



He has 1 BTC?

Literally less than 99% of us in WO?

Why did ANY crypto Youtuber ever invite this absolute fraud onto their channels?

He never believed in BTC at all it seems to me. He is more concerned with being liked on Twitter / YouTube.

What a fucking douche.

[somac.]

Raoul Pal is an even bigger imbecile than I thought he was after he started his nonsense ETH to $40K shite 4-5 months ago:



He has 1 BTC?

Literally less than 99% of us in WO?

Why did ANY crypto Youtuber ever invite this absolute fraud onto their channels?

He never believed in BTC at all it seems to me. He is more concerned with being liked on Twitter / YouTube.

What a fucking douche.

There's lots of these people. They're the kind who would of sided with the Nazis because it was a good trade.

[suchmoon]

... so my CIA outing post was deleted by the "moderator" ... infofront are we a controlled operation here now? ... just be good to know then I can go somewhere else, thnx.

They're definitely out to get you. And "somewhere else" sounds much nicer than this shithole, you should do that.

[PoolMinor]

...

m_of_a

One of these days you're going to have to tell us what that equation is...  I checked a couple of math sites awhile back, wasn't at any of them, similar ones, but....

https://www.wolframalpha.com/

[somac.]

Glassnode video released about 9hours ago analysing the current drop in price. I'm still watching it, recommend others do the same.

https://www.youtube.com/watch?v=_gcp4sqeAKM

[marcus_of_augustus]

... so my CIA outing post was deleted by the "moderator" ... infofront are we a controlled operation here now? ... just be good to know then I can go somewhere else, thnx.

They're definitely out to get you. And "somewhere else" sounds much nicer than this shithole, you should do that.

suchmoon
Posts:    23723
Activity:    2926
Merit:    7090
Position:    Legendary
Date Registered:    01 February 2014, 11:51:04

... who's out to get me specifically? do you have evidence for that?

... why are you here if it is a shithole?

[El duderino_]

[ChartBuddy]

Explanation

[bitcoinPsycho]

Do I remortgage my house now or wait for a bit?

[serveria.com]

People with balls of steel

Good night sleep tight.

Don’t got them balls of steel, neither of diamond or….

I got myself balls of Bitcoin…. 

Orange ones? Man you need to see a doctor asap! 

[serveria.com]

In times like this I always like to look at the order books. The same number of coins can move us either to $30k or to $70k - a new ATH. That should be comforting.

Haha yeah it should be... but somehow it's not... 

[serveria.com]

…..

Saying it's nonsense doesn't make it so, disprove the claims or get the fuck out of our thread.

As a general rule, it’s the job of the person who makes the claims to prove them true.
Not the job of the person who calls the claims nonsense to disprove them.
I can’t disprove the claim there’s an almighty invisible sky fairy living in the heavens.
But I still call the claim nonsense anyway.

Eh, no. He provided links to his sources, sources that can not immediately be discarded as crackpots.
If bananaunana, whoever that little prick is, claims that it's nonsense he will have to prove that by, for example, find a source that debunks Marcuses sources.

I did it. At least 5-6 his last posts I fact-checked were utter crap. All made up by *cough* anti-v *cough*. Also links to proof were provided. It's not enough? 

[philipma1957]

Purchased my $50 dca and $200 dip

These 36k numbers may allow me to move out of the crab status and into Octopus a year faster than planned for.

All 2021 taxes paid in full.

Still waiting for my 2020 refund check I will get a lot of dip with it.

Looks a lot like 2018 and that means get ready for rising difficulty and dropping prices.

[somac.]

Do I remortgage my house now or wait for a bit?

Start the process perhaps.

[philipma1957]

As JJG says you are not prepared for uppity.

This is a good chance to do exactly that.

[OgNasty]

Looks a lot like 2018 and that means get ready for rising difficulty and dropping prices.

Indeed.  The 4-year cycle didn't play out exactly like the previous 2, but it certainly rhymed.  No reason to expect we won't see a long slide down to $10K over the next 2-3 years as a result.  I hope not, but that can't be ignored.

For now, I'm on capitulation watch.  So far the volume on this drop below $40K is less than the volume that dropped us below $50K, so I'm not sure we've seen the bottom yet.  The dead cat bounce will hopefully get us back up to retest $50K and give some people an opportunity to do some cashing out, but that might be a pipe dream.  

My hopes are that we jump back above $53K on some good news and can resume the upward rise.  My thoughts are telling me we'll see a sub $30K Bitcoin before the bleeding stops, and then likely a slow bleed that could potentially last years as value is extracted from Bitcoin by those who are overextended to that asset class (probably all of us).

[somac.]

Looks a lot like 2018 and that means get ready for rising difficulty and dropping prices.

Indeed.  The 4-year cycle didn't play out exactly like the previous 2, but it certainly rhymed.  No reason to expect we won't see a long slide down to $10K over the next 2-3 years as a result.  I hope not, but that can't be ignored.

For now, I'm on capitulation watch.  So far the volume on this drop below $40K is less than the volume that dropped us below $50K, so I'm not sure we've seen the bottom yet.  The dead cat bounce will hopefully get us back up to retest $50K and give some people an opportunity to do some cashing out, but that might be a pipe dream.  

My hopes are that we jump back above $53K on some good news and can resume the upward rise.  My thoughts are telling me we'll see a sub $30K Bitcoin before the bleeding stops, and then likely a slow bleed that could potentially last years as value is extracted from Bitcoin by those who are overextended to that asset class (probably all of us).

Actually, I think there is a reason to not see the price get down to 10k and that is that LTHs didn't sell as many coins to newbs during the upswing and that they already hold a high level of the coins again at this level. To get to 10k would require a fairly large capitulation of LTHs, but, what we are seeing now is that they are actually modestly buying coins again at these levels.

I'd also say that the decrease in volume on this drop is for the exact reason I mentioned above, LTHs are not selling, and STHs did not get their hands on as many coins to sell compared to 2017.