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

[ChartBuddy]

Explanation

[1715566938]

1715566938

[cygan]

[ChartBuddy]

Explanation

[julian071]

In totally unrelated news, the Dutch National Championship Riding a Bike in a Headwind (on a bike without gears) was held today in brutal circumstances. Hardly any video of it available yet other then this, here's a clip from a couple of years ago.

Also unrelated, a superyacht was built for Bezos in a wharf not far from where I live, it's being transported now. https://www.nu.nl/291265/video/superjacht-past-maar-net-tussen-brugdelen-in-alphen-aan-den-rijn.html

[ChartBuddy]

Explanation

[shahzadafzal]

Are you ready?

[Subbir]

Impossible. There is no way we're going to repeat 2018. Not sure if you were in BTC back then but just to remind you the price went down around 70%. I'm not operating with exact numbers but just approximately 70% down from $40k is $12k. Don't think any mining could be profitable or long-term sustainable at that price. What could happen for the price to hit $12k today/this year: 1. USA/Russia/EU ban Bitcoin 2. Saylor/Grayscale, billionaires sell their stashes 3. Serious flaw found in BTC (quantum attack?) causing complete meltdown 4. World War 3 starts. So as you see I lied to you saying that it's impossible. A combination of these factors can lead to going really low, perhaps sub $10k. Is it possible? Yes. Is it likely? It's up to you to decide. 

I don't know bitcoin price is backed 2018 $10k or lower but the truth is bitcoin number of time breakouts is the top price for multiple factors,  bitcoin holder is always known as the time-to-time breakout top button.

Luckily after 8years bitcoin is the top market reacher product and valuable coin. hope bitcoin changed the global system for money transactions

[BlackHatCoiner]

Hey, hey, hey, I saw what you did there. It's an unfair comparison due to different GDP's. In 10 years, it'll be far easier for a company to reach $1T market cap (I suspect) than it is currently.

[hisslyness]

Ascending Triangle on BTC 4H Timeframe.

Aren't we suppose to touch 30K-31K before breaking out? or has that changed now?

https://bitcointalk.org/index.php?topic=178336.msg59146574#msg59146574

I hope no one was waiting for 30K-31K to buy in!

 You know the old saying: "Close only counts in hand grenades, horseshoes and technical analysis."  Seriously, though it's a game of percentages.

Had to google that saying... I like it! Will add it to the arsenal and use it!

But I think the following proverb may be more suitable..

"throw enough mud at the wall, some of it will stick and hope your audience has a memory of a gold fish!..."

[ChartBuddy]

Explanation

[JimboToronto]

Bitcoin: Finally you can take it with you.

Actually, as Satoshi said, you donate it to everyone else (hodlers).

[AlcoHoDL]

I'm a big spender,
Where Bitcoin's legal tender.
Texas, here I come!

#sundayhaiku

[serveria.com]

Bitcoin: Finally you can take it with you.

Actually, as Satoshi said, you donate it to everyone else (hodlers).

Great point Jimbo! Losing your life or your coins makes those coins lost/unspendable thus cutting the supply and increasing the price eventually. I'd like to thank that British guy with a HDD full of coins thrown in the junk... 

[ChartBuddy]

Explanation

[Arriemoller]

In my bed reading
The cat beside me purring
Life is good right now

[ChartBuddy]

Explanation

[BitcoinGirl.Club]

Good afternoon WO brothers!!!
Observing @ $41,690
We had a jump back from below $33K. Who filled up their bag with sweet orange corns?

It's been long I logged in. So much is going on IRL. All good. Trying to find time to back in the place I loved a lot.

Hope everyone had wonderful Christmas and holidays!

[cAPSLOCK]

In the NL we say: A shroud (lijkwade, a shroud for the dead) has no pockets.

It is indeed, like cAPSLOCK so uneconomically said, about finding a balance.

BTW I do have a separate BTC address for my daughter. 

This is smart.  I have made them both (kids) a metal set of keys using the washer/bolt method but I have not loaded anything on them yet. maybe I should.

There ya go kids!  Now mom and I are gonna go spend all the rest.  I hope it does not make you TOO mad one day.

[cAPSLOCK]

(I am translating from the sensible fahrenheit to the non weather sensible celcius for you Europeans and lovely brave Canadians (HONK), although I agree the US are cavemen as far as the metric system goes F is just better for weather, while C is great for science or cooking.. anyway never mind that).

Given the rest of the content of your post, the science of when water freezes might be considered fairly relevant. In truth, both are arbitrary and fine

I am poking the bear with that.  But I do also mean it...  As I said C is better for science (and cooking which IS science really) for sure.  0=freezing 100=boiling.

But 0-100 in F represents a (less exact) useful range of general temperatures for the outside environment with better granularity in between at the unit. 0=cold as hell and 100=Texas.  with 60-80 being a nice 20 point comfort zone.  But you only get about half the whole number granularity with the "science numbers".

If we can only have one scale its Celsius all day long, obviously... but the good old fahrenheit still has a place, I think.

Fun fact, When Anders Celsius first invented the scale it was 100 for freezing and 0 for boiling, it was later inverted.
Pro tip, use half scales, ie 21,5 C for more granularity.

How very odd in the context of life the other way... huh.

I'm a big spender,
Where Bitcoin's legal tender.
Texas, here I come!

#sundayhaiku

Some day that will be.
And cowboys will lead the way!
Don't mess with Texas.

(At least I hope... we could get beat by Arizona or Wyoming!)

[ChartBuddy]

Explanation