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

[philipma1957]

Guys!  There just may be a way to stick around for the final Bitcoin halving...

https://www.businessinsider.nl/a-46000-year-old-worm-found-in-siberian-permafrost-was-brought-back-to-life-and-started-having-babies/

"A 46,000-year-old worm found in Siberian permafrost was brought back to life, and started having babies

 Scientists discovered a female microscopic roundworm
 that has been stuck deep in Siberian permafrost for
 46,000 years, the Washington Post reported. When
 they revived it, the worm started having babies via a
 process called parthenogenesis, which doesn't
 require a mate..."

 I wouldn't recommend you immediately begin parthenogenesis when you're revived though...  check the bitcoin price first.

I prefer a working time machine or an Arabic genie who can fulfill my three wishes!
In both cases, I will travel to the early days of Bitcoin and mine as many Bitcoin as I can.

Mining the Bitcoin was never the hard part. The hard part was always not selling it for massive gains because you don’t care about the money and then watching it become more money than you need. The type of person who wants to go back in time to make easy money is the type of person who would still cash most of it in early to spend before it turns into something life changing. It isn’t opportunity people lack, it’s greed that puts a ceiling on how high they can go.

If I could go back in time to August 1986 the year I got married. I would spend more time playing with my wife than any other thing.

To be honest at 66 and not a poor man (nor wealthy) I can honestly say a good friend is more important than great wealth.

That said I would grab 1000 BTC at 6 bucks a piece in 2012. That would be the lowest price I ever saw them at.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

[edited out]

So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.

It's called mining death spiral.

 


OMG!

OH no!

Everbody panic.

🚀🔥 #Bitcoin  bear market is over.   The worst is behind us.  Liquidity will swoop into #BTC  soon.  Get ready for liftoff. 📈🌊💪
 #HODL

Source.

How do you know?

Squiggly lines are telling you?

he is just copying shit from Twitter in hope you give him merits...  

Are you trying "reverse psychology" on me?





Do you believe that I am dumb (retarded like you?).. no homo...  



I know moar better than that.




 

This aligns perfectly with what I think will happen with the price over the next two cycles -
@StockmoneyL
#Bitcoins all time highs (ATH) beautifully line up on this exponential growth curve.

Target ATH 2025: $150,000 - $200,000

https://twitter.com/stockmoneyl/status/1685226799490383872

That flattening tendencia looks pretty conservative bro.

[philipma1957]

[edited out]

So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.

It's called mining death spiral.

 


OMG!

OH no!

Everbody panic.










<big snip>

Damn you JJG you got me to laugh just a bit.

[danadc]

I am not one to do bitcoin analysis, but I keep myself very informed with the articles, this one from cointelegraph seems very good to me, it has some things that make me recognize that what I have said is correct or that my market assumptions are correct:

If bears sink the price below the immediate support at $28,861, the BTC/USDT pair may start a downward move to $27,500 and then to $26,000. Such a move will suggest that the pair may extend its stay inside the $24,800 to $31,000 zone for some time.

The important level to watch on the upside is the 20-day EMA. If this resistance is scaled, the pair may rise toward $31,000. The bears are likely to face an acid test in the $31,000 to $32,400 region.

original Source: https://cointelegraph.com/news/price-analysis-7-29-btc-eth-xrp-bnb-ada-sol-doge-matic-ltc-dot

I have looked for the meaning of the EMA and the technical indicators , it can help a lot with respect to the volume, and it is concluded that the movements of bitcoin may be more in favor of going up than going down, I have seen that, the previous weeks the price of bitcoin is down , but by panic action.

The movements of the USA and the FED have not been able to Lower the spirits of investors, but I want to see large investors buy bitcoin, those who are institutions, microstrategy, at this time they should demonstrate if they want to win.

and here is something that fills me with a lot of hope, before the Halving a good high is something that would not go wrong:

Bitcoin Bulls, Rejoice: BlackRock Foresees a 521% Surge Pre-Halving



Aligning with Bitcoin Enthusiasts

Fundstrat’s hopeful prognosis matches with other influential opinions in the cryptocurrency sphere. Prominent voices, such as Standard Chartered bank, Bitcoin proponent Michael Saylor, and Ark Invest’s Cathie Wood, also anticipate substantial growth for Bitcoin in the upcoming years

original source: https://www.ethnews.com/bitcoin-bulls-rejoice-blackrock-foresees-a-521-surge-pre-halving/

And this is not all because Fundstra predicts that bitcoin can reach 180 K dollars , something that would leave everyone with their mouths wide open.

My hopes are high, sometimes it's hard to get excited about something like this, but it's worth it , I know you have to be realistic , but these things can happen here.

Of all these predictions, what I don't want to see is Bitcoin falling below 25k dollars, actually last night I had an ugly dream, that bitcoin was going to drop to 2500 dollars, but that was just a very ugly nightmare.

[Biodom]

This aligns perfectly with what I think will happen with the price over the next two cycles -
@StockmoneyL
#Bitcoins all time highs (ATH) beautifully line up on this exponential growth curve.

Target ATH 2025: $150,000 - $200,000

https://twitter.com/stockmoneyl/status/1685226799490383872

Looks pretty conservative bro.

Looks quite plausible to me, especially the 2024-2025 spot which may or may not happen earlier than a typical 18 mo post halving.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Some price notion:

AMZN stock is clearly long term exponential (so far): went up 45X in the first 12 years (0.08 to $3.67 split adjusted: 1997- 2009), then 47X in the next 12 years (3.67 to 175 peak).
Bitcoin, on the other hand, was highly inflationary early on (went 800-1000X in the first 4 years or so) and since slowed down to "just" 60X in the following 10 years (as reflected by the chart above). It could be the function of apparently diminishing halving events or something else, but I, for once, do not necessarily expect this slowdown to continue since we don't know the actual shape of the bitcoin price curve in time/price coordinates as it could suddenly bend upwards, for example (adoption, supercycle, etc.)

[JayJuanGee]

Guys!  There just may be a way to stick around for the final Bitcoin halving...

https://www.businessinsider.nl/a-46000-year-old-worm-found-in-siberian-permafrost-was-brought-back-to-life-and-started-having-babies/

"A 46,000-year-old worm found in Siberian permafrost was brought back to life, and started having babies

 Scientists discovered a female microscopic roundworm
 that has been stuck deep in Siberian permafrost for
 46,000 years, the Washington Post reported. When
 they revived it, the worm started having babies via a
 process called parthenogenesis, which doesn't
 require a mate..."

 I wouldn't recommend you immediately begin parthenogenesis when you're revived though...  check the bitcoin price first.

Once Bitcoin goes dormant, will it be possible to revive Bitcoin?

Yes

Satoshi talked about a second cycle of 21 million coins in 2140. I and others have mentioned reclaiming the stale lost coins 2-4 million could be stale or lost.

These are just a few ways coins could recycle or be reborn.

Those are both retarded ideas... and have about a snowball's chance in hell of happening, even if you are trying to employ the authority that Satoshi actual proclaimed one of them.. which surely is not the case, absent some fantasy-landia misreading (misinterpretation).

You never sell your BitcoinBTC

source

Yeah.. that guy is retarded too.. especially if he is expecting less than $12k BTC...

And he likely is crazy to expect lower than $22k BTC, even though it is possible that he could get less than the 200-week moving average which is currently above $27k.. so the further down he is expecting to buy BTC the more fantasy landia he is.

Also, yeah.. never sell all of your BTC, and if you are feeling smart, maybe you sell 50% of them.. but that also does not seem like a great practice.. and part of the reason why incrementalism seems to be a better practice.. yet I can see some scenarios in which the BTC price does go up quite stupendously and sometimes it does end up coming back down (but sometimes it doesn't).

Guys!  There just may be a way to stick around for the final Bitcoin halving...

https://www.businessinsider.nl/a-46000-year-old-worm-found-in-siberian-permafrost-was-brought-back-to-life-and-started-having-babies/

"A 46,000-year-old worm found in Siberian permafrost was brought back to life, and started having babies

 Scientists discovered a female microscopic roundworm
 that has been stuck deep in Siberian permafrost for
 46,000 years, the Washington Post reported. When
 they revived it, the worm started having babies via a
 process called parthenogenesis, which doesn't
 require a mate..."
 I wouldn't recommend you immediately begin parthenogenesis when you're revived though...  check the bitcoin price first.

I prefer a working time machine or an Arabic genie who can fulfill my three wishes!
In both cases, I will travel to the early days of Bitcoin and mine as many Bitcoin as I can.

Mining the Bitcoin was never the hard part. The hard part was always not selling it for massive gains because you don’t care about the money and then watching it become more money than you need. The type of person who wants to go back in time to make easy money is the type of person who would still cash most of it in early to spend before it turns into something life changing. It isn’t opportunity people lack, it’s greed that puts a ceiling on how high they can go.

Wow!!!!!

You go OGNy!!!

 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[rachael9385]

speaking about the bullrun, this what I get.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

talk to the hand buddy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Out of mind]

Timechain Calendar has evolved.
v0.3 is live!
Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Blocking buddy now
I am warming up for now
Sunday haiku now


I bit early since its 11:35 pm EST

but for those in Nova Scotia this counts.

[xhomerx10]

Blocking buddy now
I am warming up for now
Sunday haiku now


I bit early since its 11:35 pm EST

but for those in Nova Scotia this counts.

 It would also count for Prince Edward Island, Newfoundland and Labrador as well as New Brunswick.