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

[death_wish]

the tide will turn eventually...  all the brrrr money has to go somewhere...  keeping cash is no option long-term

call me delusional but I wouldn't be surprised, if we saw 100k within a year.. the road for that possibility is just getting cleared from all the obstacles aka lending (=shorting) scams and weak hands

edit: ok, let's say 2 years 

Not delusional. If the Fed reverses this is a possible outcome.

It is not a possible outcome for a year or even 2 years. Possibly in 10, but then a new Toyota Corolla will start at $100,000.

Quit copying your betters.  There was some discussion here a few years ago, along the lines of what happens if BTC reaches $1 million but a loaf of bread costs $100 or $1,000 or more due to hyperinflation.  By non-bears llamas alpacas whatever.

[Lucius]

Brrrrrrrrrrrrrrrr.


https://twitter.com/10DowningStreet/status/1537023379949199362

https://www.dw.com/en/austria-introduces-massive-aid-package-in-fight-against-inflation/a-62124260

https://brrr.money/

[ChartBuddy]

Explanation

[BitcoinBunny]

Brrrrrrrrrrrrrrrr.


https://twitter.com/10DowningStreet/status/1537023379949199362

This really pisses me off. They asked our chancellor of the Exchequer if this would make any difference to inflation and he said it should only have a small effect.

So might as well throw some more fuel on the fire I guess.

 

[somac.]

Brrrrrrrrrrrrrrrr.


https://twitter.com/10DowningStreet/status/1537023379949199362

This really pisses me off. They asked our chancellor of the Exchequer if this would make any difference to inflation and he said he should only have a small effect.

So might as well throw some more fuel on the fire I guess.

 

Soon the conversation will go to we need double digit inflation because we can't normalise with debt levels being this high. And its true, hence the BOJ and the ECB just a few hours ago. The Fed is to follow soon.

Debt needs to be reduced, it can be done through inflation or deflation (debt write offs), very soon we will find out that deflation is not the preferred way for societial stability.

[ImThour]

Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL. 

[Torque]

the tide will turn eventually...  all the brrrr money has to go somewhere...  keeping cash is no option long-term

call me delusional but I wouldn't be surprised, if we saw 100k within a year.. the road for that possibility is just getting cleared from all the obstacles aka lending (=shorting) scams and weak hands

edit: ok, let's say 2 years 

Not delusional. If the Fed reverses this is a possible outcome.

Bitcoiners don't want a flash high to $100k that lasts all of a few days at most.

Not useful.

What we want (or should be wanting) is a sustainable $100k of support.

[serveria.com]

Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL. 

Yeah that gotta hurt... but let me tell you: it hurts every single time even to those of us who bought at $2. Seeing BTC going down is a torture for every true bitcoiner. 

[Torque]

Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL.  

Imagine buying a flash top 5 years prior (that lasted all of a 2 days btw, so no one did that), just to see it turn into a solid support level 5 years later?

Yeah, we are so dumb.  

If ~$68k becomes solid support w/o leverage 5 years from now, I'll take that progress over the shitty stonk market any day.

[vapourminer]

Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL. 

imagine buying at $3 a coin in 2012, hodling 10 years and see it at $21,326.

edit: and that $3 was after a ~90% crash from $35

[pakhitheboss]

Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL.  

Imagine buying a flash top 5 years prior (that lasted all of a 2 days btw, so no one did that), just to see it turn into a solid support level 5 years later?

Yeah, we are so dumb.  

If ~$68k becomes solid support w/o leverage 5 years from now, I'll take that progress over the shitty stonk market any day.

I did imagine that and I found that I would have been a millionaire at that time. Unfortunately I am still a miserable guy with hope, stubbornness and contemporary thinking.

[Hamza2424]

Blood on the streets is STRONG BUY. Avoid margin trading!

Absolutely, don't blow all your dollars though as things can still go lower. And if it doesn't go lower, that means the Fed has reversed course and you can buy the beginning of a major multi year uptrend.

What will the Fed do doesn't matter since they don't fight inflation anymore? All they do is trying to manage your expectations about inflation. And this time it is not enough, because this inflation is caused by structural changes in the economy.

Well i think so we getting ready for a Long Blood to RUn I'm not sure it's over because every technical analysis Onchain analysis Historical analysis is Jsut a Failure and Nothing is going to work.

The whole Financial System is Dead Need a Reboot as this system is not for the poor people and countries. BTC is on ATL ( All time Low) Byuing.

Remember No trend is going to reversal no trend is going to be started untill the QT  didnt started again.

[Gachapin]

the tide will turn eventually...  all the brrrr money has to go somewhere...  keeping cash is no option long-term

call me delusional but I wouldn't be surprised, if we saw 100k within a year.. the road for that possibility is just getting cleared from all the obstacles aka lending (=shorting) scams and weak hands

edit: ok, let's say 2 years  

Not delusional. If the Fed reverses this is a possible outcome.

Bitcoiners don't want a flash high to $100k that lasts all of a few days at most.

Not useful.

What we want (or should be wanting) is a sustainable $100k of support.

I would take a wick to 100k anytime rn  


Seriously, 100k stable would be ideal. But we have to get there first somehow.

Probabilities may be not very high (due to 100k being a psychological threshold for sellers), but 5x in 2 years could be accomplished in a sustainable move as well... wouldn't be the first time BTC does that.  

But again, asking for 100k and a certain stability there might be a bit too much to ask.

 

[Hamza2424]

the tide will turn eventually...  all the brrrr money has to go somewhere...  keeping cash is no option long-term

call me delusional but I wouldn't be surprised, if we saw 100k within a year.. the road for that possibility is just getting cleared from all the obstacles aka lending (=shorting) scams and weak hands

edit: ok, let's say 2 years 

Not delusional. If the Fed reverses this is a possible outcome.

Bitcoiners don't want a flash high to $100k that lasts all of a few days at most.

Not useful.

What we want (or should be wanting) is a sustainable $100k of support.

Vision is everything but i can't see that support until the Ecosystem of our Finance completely gets digital in terms of Centralized and Decentralized both the term is important then whatever you view, dream, the aim will be possible with the sustainable Effect of BTC by Dominating the reserve market that will be a world free of Corruption and Equlency

[ChartBuddy]

Explanation

[Cryptotourist]

So, the thread is full of noobs with nothing to say I see, what's with that? How come they're all all invading right now?

Well, at least cuntonian propanda is not very active atm.

To those that commented my picture, no I'm not on a health food diet, they put the green stuff on the plate without telling me, it was a surprise.
Yes it is yummy, very much so, so much so that I get hungry just thinking about it, and I just had a big meal at a nice restaurant (forgot to take pictures, sorry).

I didn’t before, but I will now, your eating habits are absolutely disgusting. Trash food all the way - including that “nice” restaurant. Spring rolls my ass.
How are you still alive? How are the Swedish people still alive, when they think that visiting Mc Donalds is a social event they must follow frequently.
You’ll do just fine with cockroaches in the near future, I bet.

And I have nothing more to say really, well except that Ukraine is still winning, 500 meters a day.
Although the Russians have learned to fight a little better than before, the learning curve in war is steep, you learn or you die.

And now we laugh. Ha-ha.
You’re fucking pathetic.

It's gonna be a long war

Yeap, it would seem so.
The world needs - multiple - excuses for loosing everything, and handing it to the elit.

Anyway, stay cool, I'll be back soon.

Gosh, I hope not. Come back when we have a new ATH will ya?

[ChartBuddy]

Explanation

[BitcoinBunny]

Russia's economy in for a bumpy ride as sanctions bite
https://www.bbc.co.uk/news/world-europe-61796067

I'm glad we are totally not in for a bumpy economic ride here in the UK or in the USA with the absolute genius leaders and financial experts at the helm!

[AnotherAlt]

Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL. 

Imagine you bought it in Dec 2017 at $19,326, ATH at that time. Everyone called you dumb because you purchased the ATH, and it's dumped hard and touched $3236 in December 2018, which was the lowest of that year.

Imagine you bought it in November 2021 at $68,789, which is ATH so far, and everyone is calling you dumb now because it's touched $21,100 today, and you also regret it.

Imagine you are in 2027, and the Lowest price of Bitcoin this year is about $75K, and you think the same as today. You bought it in November 2021 at $68,789, and it's $75,000 now after five years of holding.

#HoDL

[cAPSLOCK]

People STILL talking about Microstrategy getting liquidated.  You know, I think there are some folks out there that would LOVE to pick up that money.

But what circumstances could even exist for the price to go back to 3k?  I just do not see something like that to be sustainable at all even if we have cascading margin calls for all the Celsiuses out there...

I would so buy a whole coin at 3k though. If Saylor had to sell them.  I am sure there are at least 150k more like me. heh