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

[BitcoinBunny]

Muh Hedge against inflation

Actually, if you count the inflation from 2017-2022, you'll realize that BTC at the current price is almost close to the $20k ATH of 2017

Dogshit fartcoin with the worst performance of almost all cryptos and stocks if you hodled it since December 2017 (you know, 4yr+ ago)

UTTER COMPLETE IMBECILIC WORTHLESS Dog Shit UNTRUE analysis!

Only 4 coins in the top 20 since Dec 2017 have kept their value since then.

Just look at how much shitcoins have tumbled with the exception of less than a handful that performed a little bit better than BTC (ETH and Cardano only in fact)

Dec 2017 Top 20  -> Compared to right now.
(https://coinmarketcap.com/historical/20171217/)

1. BTC 1.76X
2. ETH 2.96X
3. BCash 0.14X
4. XRP 0.79X
5. LTC 0.32X
6. Cardano 1.92X
7. IOTA 0.18X
8. DASH 0.08X
9. NEM 0.13X
10. MONERO 0.40X
11. BTC Gold 0.09X
12. Stellar 0.43X
13. EOS 0.25X
14. NEO 0.24X
15. ETH Classic 0.65X
16. TRON 1.6X
17. QTUM 0.18X
18. Bitconnect Scam: Gone.
19. Populous 0.005X!!
20. OMG 0.25X

[1714623047]

1714623047

[1714623047]

1714623047

[ChartBuddy]

Explanation

[somac.]

Stamp having some liquidity issues. Fat finger maybe

Nice short squeeze. Shows how little fiat is needed to push the price up when people trade on high leverage.

Stamp doesn't leverage though.

[coolcoinz]

Vast majority of holders didn't buy during the very short period where bitcoin was 20K. The maximum stable price was 10K or so. Bitcoin spent virtually the entirety of 2021 above 30K.

In fact it was really easy to make a lot of money
2018/2019 BTC spent 7 months below 4k USD. That's enough time for someone to do a garage sale or whatever and buy BTC. In 2019 you had 3 months to sell above 10k, which would give would give you more than 200% profit compared to 2% inflation. If that's not a hedge then I don't know what is.

If you bought the pandemic dip in 2020, you'd make 100% in 2 months.

If you bought at the 2017 top and sold a few weeks ago you'd have +100%. The average return of a real estate investment is 5% a year so if you bought a house and rented it out you'd only have 20%, but with the worst trades you could get in the last 4 years (buying 2017 top and selling now in a downtrend) you'd still be up by 60%.

Stamp doesn't leverage though.

I don't use them, but are you sure about that?

SEN Leverage allows institutional customers to trade with leverage collateralized by bitcoin. It is powered by the Silvergate Exchange Network (“SEN”), which is used to fund loans and process repayments in real-time, 24 hours per day, 7 days per week. Bitstamp’s role, as Silvergate Bank’s first exchange partner, will be to custody and manage the bitcoin used as collateral.
Bitstamp already uses the SEN network to provide 24/7/365 account funding to eligible customers. We are excited to be working with Silvergate Bank to offer a product that will enable our clients to manage their bitcoin positions with more flexibility.

[serveria.com]

Muh Hedge against inflation

Actually, if you count the inflation from 2017-2022, you'll realize that BTC at the current price is almost close to the $20k ATH of 2017

Dogshit fartcoin with the worst performance of almost all cryptos and stocks if you hodled it since December 2017 (you know, 4yr+ ago)

You're damn right! Sell now and leave! GTFO! 

[aysg76]

While others are busy saying it will go down or up i am bit busy in stacking sats and have accumulated around 0.05BTC of them through my DCA strategy so it's gonna end up well for me as more profits in the bucket.Getting them at discounts is really a fun guys and you should try to give it a vodka shot and surely you will be in profits lure

Here is my representation for the same : https://bitcointalk.org/index.php?topic=5349270.0

Hold btc and it will go up with time and you just relax.

[somac.]

Vast majority of holders didn't buy during the very short period where bitcoin was 20K. The maximum stable price was 10K or so. Bitcoin spent virtually the entirety of 2021 above 30K.

In fact it was really easy to make a lot of money
2018/2019 BTC spent 7 months below 4k USD. That's enough time for someone to do a garage sale or whatever and buy BTC. In 2019 you had 3 months to sell above 10k, which would give would give you more than 200% profit compared to 2% inflation. If that's not a hedge then I don't know what is.

If you bought the pandemic dip in 2020, you'd make 100% in 2 months.

If you bought at the 2017 top and sold a few weeks ago you'd have +100%. The average return of a real estate investment is 5% a year so if you bought a house and rented it out you'd only have 20%, but with the worst trades you could get in the last 4 years (buying 2017 top and selling now in a downtrend) you'd still be up by 60%.

Stamp doesn't leverage though.

I don't use them, but are you sure about that?

SEN Leverage allows institutional customers to trade with leverage collateralized by bitcoin. It is powered by the Silvergate Exchange Network (“SEN”), which is used to fund loans and process repayments in real-time, 24 hours per day, 7 days per week. Bitstamp’s role, as Silvergate Bank’s first exchange partner, will be to custody and manage the bitcoin used as collateral.
Bitstamp already uses the SEN network to provide 24/7/365 account funding to eligible customers. We are excited to be working with Silvergate Bank to offer a product that will enable our clients to manage their bitcoin positions with more flexibility.

No I am not sure about that

[El duderino_]

https://www.bitcoinsensus.com/russian-crypto-ban-bill-rejected-by-political-executives-and-more/

Rejected….. 60k tomorrow?

[Farmer Bill]

Just back from a 2 week vacation, price down 8.5k in that time.
I did not intend to buy any more Bitcoin but at these price levels (greed takes over) I am wiring fiat to the exchange today.
Have had a catch up read through a selection of WO posts and in places detect a hint of fear even amongst 2 cycle hardened folks.
Who banned Bitcoin this time now that China is completely banned out? oh! Russia.
A quick search of RT turns up a piece which gives no real cause for concern.
But it is enough alongside perfectly choreographed dumps to help panic sellers part with their coins.

[heslo]

https://www.bitcoinsensus.com/russian-crypto-ban-bill-rejected-by-political-executives-and-more/

Rejected….. 60k tomorrow?

I was hoping Russia wouldn't be as foolish as China. I'm not sure this big dip is being caused by the Russia news although I'm sure it started it. I think by weeks end we will have a much clearer picture and we will see once again cool heads (and diamond hands) will prevail

[ChartBuddy]

Explanation

[somac.]

https://www.bitcoinsensus.com/russian-crypto-ban-bill-rejected-by-political-executives-and-more/

Rejected….. 60k tomorrow?

You've been here long enough to know that good news doesn't move the price, only FUD does that.

[serveria.com]

https://www.bitcoinsensus.com/russian-crypto-ban-bill-rejected-by-political-executives-and-more/

Rejected….. 60k tomorrow?

It doesn't say the bill was rejected. It merely states some prominent Russian IT guys are against it.... 

[serveria.com]

The poll is finally working! Voted >300,000! 

[Farmer Bill]

Muh Hedge against inflation

Actually, if you count the inflation from 2017-2022, you'll realize that BTC at the current price is almost close to the $20k ATH of 2017

Dogshit fartcoin with the worst performance of almost all cryptos and stocks if you hodled it since December 2017 (you know, 4yr+ ago)

It is an invalid comparison, 2017 peak to random price just happens to be now.

Peak to peak or 200 week moving average or low to low are better comparisons.

All these measures outpace inflation by multiples.

I'm pretty confident this will continue and have my buying shoes on right now.

The shitcoins are taking a pretty big hit right now, making Bitcoin almost a stablecoin in comparison.

[heslo]

Muh Hedge against inflation

Actually, if you count the inflation from 2017-2022, you'll realize that BTC at the current price is almost close to the $20k ATH of 2017

Dogshit fartcoin with the worst performance of almost all cryptos and stocks if you hodled it since December 2017 (you know, 4yr+ ago)

It is an invalid comparison, 2017 peak to random price just happens to be now.

Peak to peak or 200 week moving average or low to low are better comparisons.

All these measures outpace inflation by multiples.

I'm pretty confident this will continue and have my buying shoes on right now.

The shitcoins are taking a pretty big hit right now, making Bitcoin almost a stablecoin in comparison.

It is lovely seeing BCash at 0.0079. All those fools that followed Roger must be feeling pretty fucking dumb right now

[El duderino_]

Long time I have been hearing from Roger actually and much longer from that Jihan character

[heslo]

Long time I have been hearing from Roger actually and much longer from that Jihan character

Both forked themselves into irrelevancy

[El duderino_]

I do have some open orders

But really lucky guessing to hit 5 orders

Thinking first 3 are good imo

Last to on the lower side with a lowest of 23k (not exactly hoping to hit….. )

Just a worst case scenario imho…

Lucky guessing targets, just if we go up I’m fine with it, if we go low I will end up with extra btc for cold storage…

Little question, op for everyone of from here ??
Where would be a smart to put 5 bids in order to BTD….?
Could maybe change my mind in my targets. Cheers..

[somac.]

Muh Hedge against inflation

Actually, if you count the inflation from 2017-2022, you'll realize that BTC at the current price is almost close to the $20k ATH of 2017

Dogshit fartcoin with the worst performance of almost all cryptos and stocks if you hodled it since December 2017 (you know, 4yr+ ago)

It is an invalid comparison, 2017 peak to random price just happens to be now.

Peak to peak or 200 week moving average or low to low are better comparisons.

All these measures outpace inflation by multiples.

I'm pretty confident this will continue and have my buying shoes on right now.

The shitcoins are taking a pretty big hit right now, making Bitcoin almost a stablecoin in comparison.

It is lovely seeing BCash at 0.0079. All those fools that followed Roger must be feeling pretty fucking dumb right now

BCash doesn't shit me, It was more a difference in opinion thing and the correct opinion is obvious now. BSV though, that is some filth you want to see get destroyed, it's like a cult led by 2 psychopaths, both criminals with one a fraud.