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

[John Abraham]

A Friendly Interruption Buddy!

[OutOfMemory]

maybe 25k is the new 10k

Uhm, hoo said that? 
But let's wait, accumulate and see what King Daddy will do.

[JayJuanGee]

We can see if we analyze the direction of Bitcoin development in the future.
January: 15k- 20k dollar.
February: 20k - 25k dollar.
March: 25k - 30k dollar.
April: 30k - 35k dollar.
May: 35k - 40k dollar.
June: 40k - 45k dollar.
July: 45k 50k dollar.
August: 50k -55k dollar.
September: 55k - 60k dollar.
October: 60k - 65k dollar.
November: 65k -70k dollar.
December: 70k +++++
Already we have proved the month of January and February. Thus, if there is no bad news in the future for Bitcoin, then we can continue the bull run.

Yes... you can fill ur self with hopium..

But...



Bitcoin no doesn't work like that.

Its never that simple imo Popkon, the price is not equally valid in every unit of movement and some of the price moves are just noise and reflecting Dollar market.   The US dollar is rising at the moment so there is definitely some pressure building from that the longer it goes on.   Apparently its in line with the next expected rate rise but since all the rate rises still lag inflation its all nonsense in the end, perception can drive price waves but the actual effects will move the tide line.

  The news and so on, positive or not cannot directly be said to move us up or down as usually they find the story for why after the action has occurred.   BTC is trying to find a new high for this year, its gone sideways a few days.   Just attempted a new high and lost $500 in 15 minute bars, bouncing off its range bound edges.

Here's another way of saying "bitcoin no doesn't work like dat."


However, that does remind me of a bit of a caveat... in which sometimes bitcoin enters into a grove in which it seems like it is continuously going up and it is not going to stop going up..



Until it does stop.



Yet,


When will that stop be?  

Could be here.. at $25k-ish

or it could end up ending/reversing at $25k to $40k


or it could end up ending/reversing at $40k to $55k



or it could end up ending/reversing at $55k to $93.5k


or it could end up happening $93.5k to $145k


I have difficulties imagining the BTC price continuing largely going UPpity above the price of let's say.. $145k in this particular run/streak....

... but never say never..


The most likely of the better case run ranges does seem that we would get some kind of a pause after reaching $40k to $55k.. probably kind of a best case scenario.. but I personally would not limit myself to any particular scenario being out of the range.. and perhaps even any kind of assignment of percentages in terms of timeline and/or which range might end up as the good odds of happening scenario.. perhaps less than 30% odds of finishing within a $40k to $55k within the next 1.5-3 months  (a 6 week window for some kind of a "better case" scenario to play out?)... and sure, even with the playing out of a kind of "better case" scenario, it would not likely happen without some pretty decently severe "violence".. even though not all of us would experience the violence equally..  consider the difference possible financial/psychological circumstances between a HODLer/accumulator, a trader and a no coiner.. a HODLer/accumulator, a trader, and a no coiner walk into a bar....

[ChartBuddy]

Explanation

[JayJuanGee]

Somebody does not want us to break through 25k and it is starting to piss me off.

Who?

My guess is that one of the many crypto ponzi companies needs more time to buy some of their customer coins back to prolong the life of their ponzi.

Fuck crypto ponzi companies.

They have no power here..

Especially unless you let them have power.


Things are going just fine and dandy, and then lookie uie pooie.. (aka somac) coming in and ruinin dee moo...   

[NeuroticFish]

Things are going just fine and dandy, and then lookie uie pooie.. (aka somac) coming in and ruinin dee moo...   

No. The (overall) mood was OK at under 17k in December, hence at the current 24k-25k levels just a post like that cannot ruin the mood.

[JayJuanGee]

  The news and so on, positive or not cannot directly be said to move us up or down as usually they find the story for why after the action has occurred.   BTC is trying to find a new high for this year, its gone sideways a few days.   Just attempted a new high and lost $500 in 15 minute bars, bouncing off its range bound edges.

The news certainly affects the btc price look at how FTX affected us. A lot of people panic sold when the news broke but I agree that small news does not affect us as much as it did many years ago but any big news like a exchange going bankrupt or stealing members money is going to negatively affect the price.

Hopefully we have passed that stage and we no long have people storing money on online accounts so when it does happen again it does not affect as many people and people do not lose confidence in btc because of their mistakes.

Wake me up if the BTC price goes below $21.5k -ish.. otherwise any dippities or sideways seems to be mere noises.. We've been going up since the beginning of the year, and mere pauses in the UPpity or a little sideways here and there or even some dippities in the sub 15% arena.. seem to be nuttin but a thing... or in udder wurds, not a thing.

Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.

I agree with teaching teenagers about btc but I do not recommend teaching any one below the age of 12/13. They are to young to understand btc and btc is not the primary used currency around the world and it would be beneficial to teach them the currency that they will be using. When they are teenagers they can decide if they want to learn about digital money but I do not think it should be forced on them because we do not know how much cryptocurrency will be used in the future. I think teaching them morals and fiat is probably better in the short term but allow them to make the decision if they would like to learn about btc.

As you can see in the picture. They are high school students. I believe they are over 12/13. But I don't care if they are under 12 as well. This is just a learning process. As I said previously in many other threads, let them learn about bitcoin, and its features. Let them decide if they want to adopt bitcoin or not. No one will force them to adopt bitcoin. This is just a learning process. We have learned many things in school,, but don't use everything we learned. We choose our path, and they will do the same. It's important to let them know how important privacy is. Why Privacy is important and how they can get benefitted from this. How secure Bitcoin is and why banks and exchanges and less secured. If they learn, they will decide themself.

Many of us likely realize that there are better and worse ways to learn about bitcoin, and likely parents are going to be better off to attempt to help kids in regards to what they are learning and how they are framing their considerations of bitcoin.. so in some sense, if teachers or parents do not know the difference between bitcoin and shitcoins, the kid might learn some not so good things.. but hey, I am not opposed to exposure.. and also, kids learn about money and they might have an allowance when they are less than 10 years old, so if they are learning about money, they should be learning about various kinds of money including Gresham's law type ideas (some assets/currencies have more value than others) and the value of deferred gratification.. and some kids are able to learn about deferred gratification better than other kids (adults are similar.. some know about deferred gratification better than other adults).

Things are going just fine and dandy, and then lookie uie pooie.. (aka somac) coming in and ruinin dee moo...   

No. The (overall) mood was OK at under 17k in December, hence at the current 24k-25k levels just a post like that cannot ruin the mood.

We're saying a similar thing, NeuroticF...... I am just using different words than you.

 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JayJuanGee]

Never knew this was a thing on job adverts. The fact they still keep this charade up 2 years on.

What a bunch of tossers.
 

This job requires you to provide your COVID-19 vaccination status with supporting documentation, where legally permissible.

I thank my overlords daily for ensuring that my colleagues and I have a small yet insignificant probability of remaining virus-free and allowing us to remain employable.  They are so benevolent.

There's the attitude.

I know positive thinking when I see it.

Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.

In the past, we all only knew fiat currency as a means of payment, but as time has progressed and technology has advanced, we can get all the conveniences at our fingertips, just like financial and economic technology, which is a mandatory curriculum in every school, of course, students also have to being introduced to bitcoin, crypto, blockchain and even the metaverse which are now gaining popularity, the introduction to crypto, bitcoin and blockchain will be the forerunner for these students to welcome the world era which is now starting to move forward towards the digital economy, so that in the end inevitably going to school must also keep up with the times by creating a curriculum that focuses on discussing bitcoin, crypto and blockchain.

That's correct.


Schools have to teach about all of those bolded things that you listed... and they do not need to teach any kids about financial responsibility, sound money, Gresham's principles and/or risk management... even if some kids might end up learning about those kinds of ideas along the way.. and likely based on values taught (or not taught) by their parents and other role models in their lives (such as their peers and/or other adults).  If we leave these kinds of "learning about life" matters up to kids to learn everything from schools and/or from their peers, they might end up turning out even dumber than their parents (or their peers).. even if they might act like they know more and they might know more about some "current" events/happenings in the world from a kiddie kiddies perspective better than the parents and other adults... but that may well not mean that they really know shit beyond their wanting to go their own way..


......and surely I don't have anything against the value to learn by "going your own way" but there are also values in teaching frameworks and guiding principles.. and even limitations that may or may not be challenged... some of that could be categorized as "critical thinking" and some folks believe that they know what is "critical thinking" skills because they are opposed to things... hahahahahahaha. which I surely would not consider that to be "critical thinking" skills.. but there can be quite a bit of value in terms of being able to see many sides of an argument.. which is likely a better framework for understanding what is a development of "critical thinking" skills.

But let's wait, accumulate and see what King Daddy will do.

Let's not and say we did.




hahahahahaha





sometimes it can be fun to say the opposite..


 

[vapourminer]

sometimes it can be fun to say the opposite..

no, its not 

ok well sometimes... maybe.. if youre in the mood i suppose  oh look the bong

[Toxic2040]

the noon wall report

dyor


cheeseburger Tuesday....
DYX showing strength whilst bitcoin consolidates
steady as she goes


4h



D

stronghands

[LDL]

At A Glance WO Top 25 who makes the most Posts....

1. ChartBuddy (36641 Posts)*
2. JayJuanGee (22009)*
3. EI duderino_(14840)*
4. adamstgBit (10886)*
5. Last of the V8s (8283)*
6. HairyMaclairy(7788)*
7.LFC_Bitcoin(7508)*
8. jojo69(7267)*
9. Jimbo Toronto (5966)*
10. Torque (5909)*
11. bitserve (5142)*
12. Fatman3001 (5050)*
13. JorgeStolfi (4712)*
14. BlindMayorBitcoin(4671)*
15. Richy_T (4617)*
16. BobLawblaw(4563)*
17. realrOach( 4228)*
18. d_eddie(4225)*
19. Biodom(4217)*
20.Toxic2040(4200)*
21. jbreher( 4169)*
22. Heuristic (4166)*
23. xhomerx10(4133)*
24. empowering (4131)*
25. billyjoeallen(3824)*


* Means continuing
NB: Information before my Post..

[ChartBuddy]

Explanation

[Lainta]

Revolutionary things always have critics #Bitcoin   


https://twitter.com/BitcoinMagazine/status/1628119328762564619?t=kJFe04Zsy22bsqf31LpCfQ&s=19

[JimboToronto]

Happy Losar to all.

[ChartBuddy]

Explanation

[Toxic2040]

Happy Losar to all.

tashi delek

[philipma1957]

At A Glance WO Top 25 who makes the most Posts....

1. ChartBuddy (36641 Posts)*
2. JayJuanGee (22009)*
3. EI duderino_(14840)*
4. adamstgBit (10886)*
5. Last of the V8s (8283)*
6. HairyMaclairy(7788)*
7.LFC_Bitcoin(7508)*
8. jojo69(7267)*
9. Jimbo Toronto (5966)*
10. Torque (5909)*
11. bitserve (5142)*
12. Fatman3001 (5050)*
13. JorgeStolfi (4712)*
14. BlindMayorBitcoin(4671)*
15. Richy_T (4617)*
16. BobLawblaw(4563)*
17. realrOach( 4228)*
18. d_eddie(4225)*
19. Biodom(4217)*
20.Toxic2040(4200)*
21. jbreher( 4169)*
22. Heuristic (4166)*
23. xhomerx10(4133)*
24. empowering (4131)*
25. billyjoeallen(3824)*


* Means continuing
NB: Information before my Post..

How many do I have? 1000+ I would guess

[ChartBuddy]

Explanation