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

[xzy887]

Ulta Bump🦸

Nonsense,
 it's not an Ulta bump. Ultra bump or reverse bump. Fix your language first.
And this is very common. Wait for $70k to go.

[LFC_Bitcoin]

We are so back

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hamza2424]

We are so back

Hmm, with all due patience.

When 30K? Answered well by buddy, What's next I'm sure its not 70k

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Meanwhile, the bear never sleeps...

https://cointelegraph.com/news/bitcoin-etf-shake-bearish-20k-btc-price-target

[rachael9385]

Earlier today, I just saw this question, and I was like, is this fellow not seeing changes in BTC movement?
With my believe, even before the end of this year Bitcoin can reach a price of $50k to $60k and the bumming shows that Bitcoin is heading towards that state of 50 to 60. However, it have been a while Bitcoin bumped this fast.

[OutOfMemory]

I'm glad BobLawblaw did not succeed with his request to disable this thread

The good, old rusty pipe. This one has aged particurlarly well, i see 
I'm done building a small barn, so i have more time and energy in the evenings to read and post to the WO.
Good times ahead 

GO BITCOIN, GO!

[Paashaas]

You haven't met the real Bitcoin yet.

93% of its supply has been issued over the past 14 years.

What you think of as "Bitcoin" is what you have experienced as 93% of all Bitcoin that will ever exist was dumped onto the market.

But during the next 14 years, buyers will fight over new issuance that is a mere 6% of the total supply.

And after that? Less than .5% of new supply will remain.

Bitcoin's true scarcity hasn't even kicked in yet.

What happens early next year when it becomes the hardest money that humanity has ever known?

And what about when understanding of this new monetary technology grows at the same time new issuance goes from a flood to a trickle?

People are terrible at projecting into the future.

They don't understand just how rare 1 Bitcoin is.

There will come a time when all the mining power in the world won't even produce a single Bitcoin in a year.

There are 60 million millionaires in the world.

If BTC were evenly spread amongst them, they could each have .35 BTC max.

Except ~5 million BTC are already lost forever...

Which means .26 BTC max per fiat millionaire.

And that's forgetting the corporations, insurance funds, pension funds, sovereign wealth funds, and nation states that will permanently remove millions of BTC from the market.

It's also assuming that current individual holders who refused to sell despite years of ridicule will suddenly decide to trade their entire stack for fiat.

Bottom line: Bitcoin is ridiculously scarce.

Even 0.1 BTC will be considered a fortune one day.

But by then you won't measure its value in infinite fiat.

People will just intuitively understand how abundant everything else is relative to BTC.

And all goods will be priced accordingly.

Pricing Bitcoin in infinite fiat will one day seem as ridiculous as pricing an ounce of gold in Wampum.

https://twitter.com/stackhodler/status/1716752338319221207?t=-di1e1Q7e1JeDo9hyiRS3A&s=19

[philipma1957]

https://twitter.com/WatcherGuru/status/1716590419432104094/
Lovely day I dont watch the news and had the confidence to short the btc in my forex account. and this morning I woke up and watched the bitcoin break 30K level and all my accounts got rekt. Another day another dollar loss.

Sorry guys I don't know where to talk to 

Oh gawd.. that is retarded.

First off.. fuck coinbase.. …

Ah yes …”C******e”. That is the other naughty, triggering c-word…
 on this here famous thread.

What a coincidence.

They both start with "C".

Just woke up...to witness that $5000 Bitcoin pump overnight..lol.

Edit: BlackRock's spot ETF is now listed on Nasdaq trade clearing firm.

Weren't you the one ominously predicting the exact opposite?

NGL, loading up for a little bit of profit taking.

Building out a ranch from nothing is fucking expensive, yo 

You frequently tend to sell too much too soon, but hey whatever.. no problem.. if you have extra BTC might as well sell some of them.  You can't take it with you.  Right?

Hopefully, you don't run out of cornz.

I have a feeling Bob is not going to run out of corn.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

Not a bad life, enjoying the pump.

Cheers to bitcoin.

[somac.]

I’ve been too busy to really comment much lately and frankly things have been a bit boring in Bitcoin land. But damn! What a nice surprise. Massive pump, large page count increase, page parity, green candles, trains, helicopters, modems, and rusty pipes!

Seems like the exciting part of the bull market is back baby!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xzy887]

I’ve been too busy to really comment much lately and frankly things have been a bit boring in Bitcoin land. But damn! What a nice surprise. Massive pump, large page count increase, page parity, green candles, trains, helicopters, modems, and rusty pipes!

Seems like the exciting part of the bull market is back baby!

Yes, it looks very nice and exciting. And there will be more pumps in the future. Bitcoin will now go down a bit again (this is the rule). But some people cannot control their greed and now they will pounce on Bitcoin. Which will empty their pockets.

Be careful. Wait for good time.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Mr.D4rio]

https://i.ibb.co/ctmCX6S/photo-2023-10-24-15-01-01.jpg

[bitcoinPsycho]

[OgNasty]

I’ve been too busy to really comment much lately and frankly things have been a bit boring in Bitcoin land. But damn! What a nice surprise. Massive pump, large page count increase, page parity, green candles, trains, helicopters, modems, and rusty pipes!

Seems like the exciting part of the bull market is back baby!

Yes, it looks very nice and exciting. And there will be more pumps in the future. Bitcoin will now go down a bit again (this is the rule). But some people cannot control their greed and now they will pounce on Bitcoin. Which will empty their pockets.

Be careful. Wait for good time.

Bitcoin’s price is holding up pretty well so far. I think people are trying to beat the ETF rally and are having a bit of fomo as a result. A pump this big isn’t just random. Somebody knows something and is scooping up a whole lot of coins. I think this type of rally will happen quite a few times over the next year or so. Be ready and hold on tight.

[BobLawblaw]

I have a feeling Bob is not going to run out of corn.

I don't mean to sound gauche, but, yeah... There will be plenty of corn left over after I'm dead to manage our estate.

There is no way I can responsibly spend my stack in my lifetime. Taking ~half-a-mil in profits every now and then is all I need, except for major projects, like when we build out the ranch house.

In retrospect, the last round of profit taking paid for the greenhouse, my storage building, all our tractor/field equipment; which is SUPER FUN to get to learn, and paid off all the concrete work to finish out the rear driveway and pad site for the greenhouse. Green house skeleton is up already, and they are really coming along well with assembling the kit.

I just finished working two plots recently (About 70 acres total), and our rancher neighbor ran his equipment seeding ryegrass on Sunday, just in time for the rains to hit this morning!

Using a 12 foot brush hog/cutter tending to huge fields is so serene and peaceful.

Have been truly blessed, and very grateful.