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

[Hamza2424]

Well the master set is crypto

The largest player is BTC.

JJG does not accept the proper definitions.

Repeat after me:


B


I




T



C



O



I



N

Ok.

You feeling MOAR better now?  

You got those lame/vague/amorphous/meaningless "master-set" ideas out of your noggen, yet?  

When in doubt, just remember the word B  I   T  C  O  I  N.  

Feeling better now, phil?  #seriously.

#seriously OG's

Chill.. It was intended to be a joke.

[Hueristic]

https://www.youtube.com/watch?v=K9zitIm432k

There exists a much less discussed but incredibly influential member of the silk road story. That man, is variety jones. The secret and forgotten mastermind of the entire operation.

Hey JJg, you have a cameo as well as a few other members.

[Hamza2424]

Biden just said he wanted to fund three sides in two wars (which will probably end up with us funding another side in a third). They're strapping turbo chargers to the money printers.

I hope they strap one to BTC as well .

Sadly, of the two possible futures where in one, everyone flees to Bitcoin for their transactions because it's a stable, cheap to use currency with plenty of capacity and the other where the economy is so shit, nobody can afford to buy bitcoin and it's expensive to use unless you get involved with some complicated experimental technology that just shit the bed, we're in the latter.

Hmm, so it simply means that rather than waiting for Bitcoin to be a viable option in the near future and rather than just watching the Bitcoin landscape evolve better get involved in the construction timezone.

To avoid any regret.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SamReomo]

Don't go with the followers go with the one who is the independent one and others follow it, ah it means go with Bitcoin only and avoid shit-coins at any cost. Just use those shit-coins to accumulate more Bitcoin as they get pumped when they get excited by the little pumps that Bitcoin gets. Bitcoin is the real option if you want to have a good future while the rest of the shit-coins will rest in peace after a few years and people will cry that why they didn't picked Bitcoin only.

[OgNasty]

I think once we see a meaningful break above $30,000 you will begin to feel the FOMO building. A lot of people have written Bitcoin off since the last run up stopped and have no idea that the price has hit bottom and started moving up for the next cycle. Soon the news about Bitcoin being back will be everywhere and the buyers will be coming out of the woodwork.

[eXPHorizon]

[philipma1957]

I think once we see a meaningful break above $30,000 you will begin to feel the FOMO building. A lot of people have written Bitcoin off since the last run up stopped and have no idea that the price has hit bottom and started moving up for the next cycle. Soon the news about Bitcoin being back will be everywhere and the buyers will be coming out of the woodwork.

33k is the key number for the pre 1/2 ing rally.

I see us getting to 45-48k before march 31 pre 1/2 ing then we drop to about 35-38k in April right after 1/2ing

real rally is fall 2024  and it goes deep into 2025.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Well, if that dev Bob cited is right, then Lightning is apparently cooked unless a fix is possible.
If so, Phil has a solid argument as you cannot accommodate coffee buying on bitcoin (without Lightning).

Do I care? Not much as my infrequent txs can still be posted, but it (bitcoin) cannot be a medium of exchange for the planet.
Is BitVM any better? I have no clue, maybe it is too new.

Perplexed.

[Biodom]

Sweet hopium  
$31 mil/btc...hehe:

https://www.thestreet.com/crypto/markets/blackrock-etf-insider-scaramucci-says-approval-will-drive-31-million-bitcoin-price

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[jojo69]

Sweet hopium  
$31 mil/btc...hehe:

https://www.thestreet.com/crypto/markets/blackrock-etf-insider-scaramucci-says-approval-will-drive-31-million-bitcoin-price

[Torque]

then we drop to about 35-38k in April right after 1/2ing

If that happened, something would be broken for sure.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

just two for you buddy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com