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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372327 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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October 18, 2022, 11:01:17 AM


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October 18, 2022, 11:08:21 AM
Merited by OROBTC (2)

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?
We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.
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October 18, 2022, 12:01:22 PM


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October 18, 2022, 12:16:10 PM


Source

What ever is happening i think He's watching
I think he knows the shit tweeters and Ellon can be on his hit list... Show is about to began that the only words I can say..


Source
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October 18, 2022, 12:17:20 PM

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?
We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.
Hopefully, it'll be like you said. Right now, gold is still going unimpressive after last year's rally to $2,000. Maybe once people wake up and start to realize it, we might see the gold price rally to a new high. The same for Bitcoin too.

Gold price 20 years chart.
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October 18, 2022, 12:24:33 PM

Maybe once people wake up and start to realize it, we might see the gold price rally to a new high. The same for Bitcoin too.
Gold, bitcoin or any other cryptocurrency. None does not matter.
Centralized trust based fiat currency will have an end soon. The Ukraine was set us an example. At least the reserved currency system needs to be decentralized even if that is printed money.
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October 18, 2022, 12:52:51 PM
Merited by El duderino_ (10)

next the diff goes up and up and up ee are looking at btc mining ⛏ imploding very soon. and we lost 20 million a day in eth earnings which helped fuel the spaces for miner.

If the diff is still going up and up while you are predicting a crash to ~$13-14k, it likely means that the insider mega miners know something that you don't.
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October 18, 2022, 01:01:18 PM


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October 18, 2022, 01:15:06 PM

#Bitcoin    has been added to the Guinness Book of World Records



https://twitter.com/DocumentingBTC/status/1582359111374495744?t=bXXvPWcp-6mskK33J2kR5w&s=19
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October 18, 2022, 01:17:46 PM
Merited by Gachapin (1)

We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.

You overestimate the majority of people in that they have the ability to recognize an opportunity and an alternative, and this is also evidenced by the fact that we have less than 5% of people in the world who have recognized Bitcoin from 2009 to today - so I will ask the question "will anything change by the end of the decade?"

I would like to be wrong, but most people behave like remote-controlled robots, just look at the crazy measures in the pandemic and how many people followed them without any question, even though today it is shown how pointless it all was. I would say that the demand for Bitcoin will increase, but not from ordinary people, but from big players who invest the most in the time when there is blood on the streets - and that is right now.
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October 18, 2022, 01:24:03 PM
Last edit: May 15, 2023, 03:43:09 PM by cygan


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October 18, 2022, 01:47:55 PM

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?

Socks and (under) mattresses.

I know, not the "correct" answer but that's how people act. In the previous recession interest rates were ridiculously low and housing prices crashed so there was an option to buy real estate. Not sure if that's going to be the case this time around, probably not. So it's just socks and mattresses and an occasional jar in the backyard. For those lucky few who have money left over from buying food.

No one outside of a small group of nerds will think "oh everything's crashing and burning, let's buy bitcoins".
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October 18, 2022, 01:52:35 PM
Last edit: October 18, 2022, 02:04:03 PM by philipma1957
Merited by OROBTC (1)

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?
We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.

Long term yes.

Next 6-12 months most likely no.

Study the fed rate raises done by bush leading up to the 2008 wipeout

March 2004 to July 2007

that is 3 years and 4 months before they reversed and they reversed too late







now study what happened in 2022







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October 18, 2022, 02:01:18 PM


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'The right to privacy matters'


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October 18, 2022, 02:06:05 PM




now study what happened in 2022










feb 2022 to oct 2022 is only 8 months of raises

means no reversal in site based on past history

So we may need at least 3 or 4 hikes adding to 2.25% more than current numbers

of 3.08% .

 To me they are looking to crash just like 2008 time will tell if they back off quicker and get the so called

" soft landing "   

but the  move the 3.08 to 3.83 in early nov looks pretty certain.
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October 18, 2022, 03:01:22 PM


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Renampun
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October 18, 2022, 03:15:42 PM

#Bitcoin    has been added to the Guinness Book of World Records



https://twitter.com/DocumentingBTC/status/1582359111374495744?t=bXXvPWcp-6mskK33J2kR5w&s=19

Bitcoin has been in circulation for more than 10 years, where is the Guinness book of world records, whether they really need more than 10 years to be sure that Bitcoin is a valuable cryptocurrency lol
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October 18, 2022, 03:22:49 PM

OT: Mortgage rates in the U.S. have nearly doubled from the start of the year, now at 7.12%

And then they wonder why housing starts have crashed. Lol.

Good luck at getting anyone even qualified at those levels.
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October 18, 2022, 03:47:22 PM

Inflation is really bad. Regardless of the reasons and causes.
I was excited to see the news about the US economic data last week that made me wonder when the market left $19K and headed for $21K. In fact this week the price looks still the same as last week.

I'm getting ready to welcome the bullrun while enjoying bitter coffee in the garden.


 What do you mean by "bitter" coffee?  This is not usually a desirable flavour in coffee.  Maybe you're brewing it too long? 
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October 18, 2022, 03:48:21 PM

Is this what I had to see after long months of absence on WO?
Where is the golden time when you make a post, it took less than 30 seconds to see your posts is on the previous page. Everyone active and talking to each others.

It's been around 12 hours I made this post and in these 12 long hours I count only 28 to 30 posts made. A lot of them are auto post every hour from ChartBuddy. Where are all these people. I am guilty of not spending time here but it seems a lot of others lost their interest too?

It's sad. I feel bad. I will start doing my part again.

ChartBuddy uses the Richy_T tool.
No idea what is that and how to find such thing.
Any idea who can help to make a bot to post automated post like Charty?
Thanks brother.

Observing @ $19,520



Any more automated posts and I will go bärsärk on you.
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