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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

buddy show us 98

[goldkingcoiner]

Can you guys imagine what happens when we finally reach 100k and keep going? The amount of FOMO?

[smracer]

It's been an honor, gentlemen.

[AlcoHoDL]

An ATH here.
Another ATH there.
They are everywhere!

#athhaiku

[Paashaas]

Good morning WO!

$97,000!!

What a time to be alive after so many years, BTC approaching the magical $100,000 range like we always knew it would happend eventually by ''Patience is a virtue''

I almost starting to cry.

[JayJuanGee]

BTC will rule the world
What says you

Bitcoin is not planning to rule the world... it is a currency that aspire to be used by many. Let's not invite troubles to Bitcoin by turning it political. I actually hate it when people tend to create rivalry between Bitcoin and fiat currencies like the US dollar; Bitcoin does not seek to replace it or fight it but was created to offer alternative to people who would want some level of freedom from the controlled fiat system.

Whether you like it or not, it still seems quite inevitable that value is going to continue to flow into the strongest (soundest) of monies, which happens to be bitcoin, so even if the dollar can maintain some level of liquidity, acceptance and credibility, it still is in a very precarious position at the moment.. .so it is going to have a hard time holding its own against bitcoin.. yet, sure who knows how long it takes to play out in terms of gradually and then suddenly or just suddenly.  Seems more of a descriptive statement of what seems to be in the current cards rather than anyone attempting to create rivalry.. unless we can proclaim that the actual discovery (invention) of bitcoin and its thereafter use was contributing towards the creation of a rivalry that becomes more and more and more apparent with the passage of time, even though we still seem to have pretty damned low level of actual adoption by normies.

Funny how despite all this some people still won't believe
Even when we hit $250K some would still be watching
A million dolls some would still be watching
Until even getting a Satoshi would become expensive.

Relatively speaking getting a satoshi is ongoingly geting more and more expensive.. so when we go over $100k, then a satoshi is still 0.1¢.. but if we get up to $1 million, then a satoshi will be 1¢.. still very affordable, unless you consider getting to $100 million, then a satoshi costs $1... maybe that might be considered expensive?

[edited out]

It may be that with the ETFs and WS being here, the sell-offs after cycle peaks get softer (-65% max), and that the price surge is also not that extreme and more prolonged (slowly grinding up).

This could be the beginning of 4y cycles changing or disappearing as such

Relatively speaking you may well be correct in that with a rising market cap, let's say 100x from here (10x gold) it takes more capital to move the BTC price, yet I sill cannot imagine the disappearance of battles, and/or overexuberance in both directions...at least until Bitcoin's market cap gets more than 10x gold... so that is a bit of price from here, like around $10 million per coin.. yet I think if there is a rush up to $10 million per coin, then that is also not going to bring stability, either.. so from my thinking, there has to be both time and price factors in consideration that have to be worked into BTC price dynamics prior to really experiencing less volatility in a meaningful way.

From my perspective, it remains hard to speculate about high probabilities of meaningful stability in bitcoin within the next 10 years, even though I am also not wanting to proclaim to be any kind of a sorcerer, either.

Gentlemen, we have trains.....

Be the train you wanna be.

I'm looking for a comic strip too, one that I think I saw here. It goes something like this:

A mom and her child cross some crypto bros. The mother overhears foul language and tries to take the kid away, but he escapes and when he gets back he talks like the worst of us here.

Can anyone find this strip?

I am not sure how crypto relates to what we talk'in bout in these here parts.

[janggernaut]

ATH will be on 2024, not 2025.

[shahzadafzal]

Good morning WO!

$97,000!!

What a time to be alive after so many years, BTC approaching the magical $100,000 range like we always knew it would happend eventually by ''Patience is a virtue''

I almost starting to cry.

Don’t worry we will have a big gathering for all of us to cry together!!!
With lots of hugs 🤗

[shahzadafzal]

ATH will be on 2024, not 2025.

I thought $97,700 is ATH

[spooderman]

I used to read every post on this thread for years, now I don't know who any of you are and all my old friends are gone

Shroomskit, Jaroslaw, Rich, Adam, where are you all??

[janggernaut]

ATH will be on 2024, not 2025.

I thought $97,700 is ATH

2013, ATH was 1,165
2017 , ATH was 20,000 (17.16x from 2013)
2021 , ATH was 69,000 (3, 45x from 2017)
Now 2024, ATH now is $97,000 (1.4x from 2021)

[JimboToronto]

I used to read every post on this thread for years, now I don't know who any of you are and all my old friends are gone

Shroomskit, Jaroslaw, Rich, Adam, where are you all??

Still here. Rich is still doing Chartbuddy, Jaroslaw/Walsoraj is long gone but I think Shroomskit may have made an appearance recently. Adam abdicated this thread years ago as a result of the blocksize wars and Risto is deceased (RIP). Time moves on.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cmacwuz]

I used to read every post on this thread for years, now I don't know who any of you are and all my old friends are gone

Shroomskit, Jaroslaw, Rich, Adam, where are you all??

Still here. Rich is still doing Chartbuddy, Jaroslaw/Walsoraj is long gone but I think Shroomskit may have made an appearance recently. Adam abdicated this thread years ago as a result of the blocksize wars and Risto is deceased (RIP). Time moves on.

Yea similar feelings, I returned after a long hiatus but many were gone. What about Terra, do people know if they disappeared? Interesting that Adam had to capitulate from this legendary thread. Also the the cryptic marcus aurelius, what ever happened to him? I list my original account when some account hack went down, which did not matter to me. When I go I return from BTC hibernation the active crop rotates out.

We really ought to have some bar, somewhere...

[spooderman]

I used to read every post on this thread for years, now I don't know who any of you are and all my old friends are gone

Shroomskit, Jaroslaw, Rich, Adam, where are you all??

Still here. Rich is still doing Chartbuddy, Jaroslaw/Walsoraj is long gone but I think Shroomskit may have made an appearance recently. Adam abdicated this thread years ago as a result of the blocksize wars and Risto is deceased (RIP). Time moves on.

Hey I remember you. Risto, wow. Forgot all about him. He was the "bitcoin super node (dissolved)" guy. He had a castle and went on about cigars a lot. Sad to hear of his passing.

Shrooms was utterly unhinged.

What about "GOAT"? Man come back old frends

[Ambatman]

Waking up to this!!!!!!
I'm positive about today.

[vroom]

[JayJuanGee]

Is that you Vitalik?  You brought your affinity scam copter to the wrong thread.

I have just noticed that we are about reach the 21 BTC = $2M figure... Not so long ago still considered somewhat (YMMV) an "entry level fuck you money" figure. Probably not anymore except for some third world countries... but still an interesting historical milestone... which will happen at exactly $95238.1

Personally, I consider spot price to not be a good place to measure the value of your BTC, whether considering fuck you status or otherwise, since it is too volatile... and who would want to barely get to entry-level fuck you status and then sell all of his BTC at spot price in order to lock in fuck you status in dollars/fiat/or whatever other debasing fiat-related instrument or asset that you consider might be possible to hold your value as well as dee cornz... and then end up without any cornz? 

Not this here cat, even though guys do make those kinds of mistakes in regards to how they employing some kind of a cornz management plan (selling all their corn.. deserves a slap just thinking about it.. hahahahaha).

Personally, I currently consider entry-level fuck you status to be at 19.45 BTC, and that is based on an $800k 200-WMA valuation..

That seems to allow a $6,666 per month so long as the BTC spot price stays at least 25% above the 200-WMA which also is a moving target... and right now, as I type this post the BTC spot price is about 137% above the 200-WMA and the 200-WMA is moving up about $40 per day.  You are correct on the YMMV part since I need to fix formulas on that website regarding withdrawing based on dollar values of the BTC rather than the BTC values would cause too much withdrawal of the stash and would not be as likely to be as sustainable.

Insane how fast we’re rising. This has got to be a top right? Holy shnike.

Yes, but it's a local top. IOW, there's no top!

Dusting my laser beam hat. This will be fun.

Price discovery mode can sometimes have these kinds of infinite up kinds of feelings, and after a while it can start to get scary in regards to why there appears to hardly be any resistance, in spite of the appearance of likely either sufficiently fake sell walls or sell walls that just don't amount to enough to stop the UPpity..

[BitcoinBunny]

"Knock his block off, BTC"