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

[JayJuanGee]

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.

When we are talking about what bitcoin "could do"  I think that 3.5x to 8x in a few months is not really too far out of the question, even though such a happening might well be in the below 15% probabilities.. more than 8x in 3 months would be a pretty crazy kind of thing, but also not impossible in the way that bitcoin is actually structured (you have heard of limited supply, I suppose?).. maybe the more than 8x in the next 3 months would be in the less than 2% arena... but that sounds very scary... and maybe in Armageddon times for such a thing to play out.. but still not impossible and so seems to fit within the "could do" category..

[edited out]
Hopefully, you don't run out of cornz.

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

Perhaps.. and at the same time we remain in a public thread in which it seems that Bob has a lot of tendencies to be describing how he is selling quite frequently.. and even at weird times.. which surely is not that BIG of a deal for someone who is either in maintenance stages and/or even in liquidation stages.. ..

but an overwhelming majority of the world's population is not in such a place... and probably should be buying at times like these, especially if they missed the last 18 months or so, in which they could have accumulated quite a bit of corn for seemingly (relative) discount prices.. and so if some of those folks had not bought in the past 18 months, then these still seem to be buying times.. even though we are at 18 month highs right now and we might have some corrections along the way... .. but we are still within 10-20% of the 200-week moving average which historically is not really booming times in bitcoin landia.. and does not even seem to be great times for selling large amounts of BTC for long time HODLers.

Although, my own system has ended with quite a few BTC sales in the past month or so between about $27k and $35k, but still I consider my sells as kind of systematic and maintenance sales, so I don't really do large lump sum sales. . and so far I have not really done too much of that in my BTC career.. and I actually consider myself to have a pretty decently large sized cushion in which I could make those kinds of large sales if I wanted to.. but still have not figured out.. and sure I am not at the stage of wanting a ranch or a lake.. but cannot really diss on anyone in terms of getting into those kinds of properties...

And, yeah, so maybe Bob has plenty and he won't run out.. .. and each of us like have to figure out those kinds of balances, and I am personally having some dilemmas in regards to some systems that I am wanting to put in place.. maybe they could be described as legacy kinds of systems, but still can we really trust anyone else to spend our coins rather than just spending them ourselves, not spending too many so that we don't run out, but not spending too little so that we have more than we wished to have left in our holdings on the day that we pass... whiich might not be exactly known in advance.

[1714586895]

1714586895

[psycodad]

FYI.. mempool has just quadrupled (4x) in the last 24 hours!

Yep, there comes the profit-taking.
I am sure that wasn't the start of the run-up we are expecting all, but definitely a nice and promising move.

[fillippone]

FYI.. mempool has just quadrupled (4x) in the last 24 hours!

Yep, there comes the profit-taking.
I am sure that wasn't the start of the run-up we are expecting all, but definitely a nice and promising move.

The excuse of the moment is that Blackrock ETF has been removed from the DTCC filing. It doesn't change anything, but the hype is negatively impacted.

[eXPHorizon]

there is no etf and bljatcoin no belongs there.
the whole thing is fake news or in other words
its just littering

and..

[BobLawblaw]

Admit it, you pushed clicked the red button, didn't you?  

I have an order on the books @ $35k, FWIW. Still waiting.

[WastedLTC]

Where is the helicopter?

I'm ready!

[Paashaas]

We are so back

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Sideways now in a 32-35 slot. Will wind out this way for a week. Then a new slot will start in November say 36-42.

[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.

When we are talking about what bitcoin "could do"  I think that 3.5x to 8x in a few months is not really too far out of the question, even though such a happening might well be in the below 15% probabilities.. more than 8x in 3 months would be a pretty crazy kind of thing, but also not impossible in the way that bitcoin is actually structured (you have heard of limited supply, I suppose?)..

With my little candle that has been on for a while now (with my little experience), I believe I must have come across the idea of limited supply before.
So, I can say that while the founders of Bitcoin were creating it, they installed a specific methodology in it, and what they installed inside BTC were very concerned about the appropriate numbers of Bitcoin it was supposed to extract. I strongly believe that Satoshi Nakamoto has a good reason for making Bitcoin not be more than the 21 million he wanted it to be.

[Arriemoller]

How long have you guys been here again?

You know that every late autumn, winter and early spring bitcoin goes up, in the summer it goes sideways, it does that for two years, and then, year three it goes up a lot in late autumn/early winter, and then it nosedives for a year until it has gone down 80% ish.
The new cyckle begins almos exactly a year after the nosedive bottom is hit.

This has happened several cycles now and this is only the first year it goes up in this cycle.
There will be no super duper uppity, it will go up to maybe, if we are lucky, 40-45000.
Next year it will do the same thing, go up about 100 ish %.
Stop acting like girls from the 60's watching The Beatles.

https://www.pinterest.se/pin/381680137150457644/

[Arriemoller]

And by the way, put your bloody hats back on.

[Arriemoller]

Oh, and Hi everybody!

[OutOfMemory]

Oh, and Hi everybody!

Hey Arrie, nice to read from you.
By the way, i wonder who else will be returning within this bullrun. Still counting on some (yet unnamed) OG's to send a sign of life to the WO.
Call me sentimental, but i guess i am 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Admit it, you pushed clicked the red button, didn't you?  

I have an order on the books @ $35k, FWIW. Still waiting.

In 10 years, this will feel like a very expensive ranch, but you'll have it finished much earlier.
Time saved is worth future "potential" money.

[philipma1957]

FYI.. mempool has just quadrupled (4x) in the last 24 hours!

Yes which boosts my mining more. Hoping for no fallback rest of the year upwards

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

lets hope for sideways 33-34k for a while maybe til Nov 28th.

numbers are nice for the mine.

[shahzadafzal]

Welcome back heli missed you so much

Fly high fly fast… you know the drill!!!