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

[vroom]

it's teasing us! 99800...

[Moreno233]

it's teasing us! 99800...

Waiting for your chopper...let's go to the moon.

[Gachapin]

Anyone here still cares about technology?

Always, doesn't mean I can't celebrate my fuck you money elevating to fuck you money status

Agree.  We can do both..

The price is what it is because of the tech!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

She likes to tease us
She grabs our untangibles
Until we explode







#haiku

[Gachapin]

over 99k again

bulls are not exhausted in any way it seems

Judging by Glassnode's Combined Orderbook chart, there is a lot to stem for the bulls to go over $100k.
Indeed, it doesn't seem they run out of steam anytime soon. We're about half way there.
The good thing is, every buyer gets Bitcoin at a quasi-fixed price for the next few thousand coins. I'd call this a bargain, considered how early we still are.

I would proudly buy for 100k just for the lulz of having bought at that price... Unfortunately (or fortunately) I have no fiat on any exchange. To be honest, I don't have much fiat anyways  

#metoo

But i made a mistake at the beginning of my journey with Bitcoin: I held quite a big fiat reserve, which i learned later, would have better been converted to a Bitcoin reserve as soon as possible  

Afterwards you always know it better.

However, the first 2 cycles it was absolutely questionable if BTC (or also XBT until a point) would be successful. After 2017 that probability increased dramatically.

[Gachapin]

I like paper money (because I'm an old fart). But it seems so out of date...

I'm also an old fart.

I prefer paper money too (including Bitcoin) because I like anonymity.

Every time you use a credit or debit card you're leaving a permanent record of who, when, where, what for, and how much. It's ironic that they call that a "paper trail". Cash transactions leave no such records.

Same goes for taxicabs versus Uber or Lyft. If I hail a cab on the street, specify a corner to be dropped off at and pay with cash, the driver doesn't know or care who I am or what my starting or destination addresses are. He's happy to get my fare and I'm happy to get where I'm going. In fact, he's probably happier to get his fare and tip in cash also, with less waiting and tax implications.

Cash rules.

you did the right thing when you bought your coins at ATMs. Well worth the fees, you often wrote about.  (I think it was you, or I'm getting old)

[cAPSLOCK]

You guys realize that the main reason we are holding here is not that bitcoin is struggling to advance, but rather it has to break through a lot of human angst at an otherwise meaningless number?

It's natural.

Not mathematical.

And as important and beautiful as the former is... the latter wins...  sooner rather than later.

[Paashaas]

$100,000 in..... 3.....2.....1....

Probably achieved when waking up in de morning.

Gonna sleep early?

Not much going on tonight besides drinking a cup of tea while reading before sleeping. Book called Nexus, history of information networks from the stone age to A.I by Yuval Noah Harari.

[gwoplock]

You guys realize that the main reason we are holding here is not that bitcoin is struggling to advance, but rather it has to break through a lot of human angst at an otherwise meaningless number?

It's natural.

Not mathematical.

And as important and beautiful as the former is... the latter wins...  sooner rather than later.

It’s the same sociological reason everyone is going to celebrate when we hit 100k. Investing is more emotional then logical.

[spooderman]

$100,000 in..... 3.....2.....1....

Probably achieved when waking up in de morning.

Gonna sleep early?

Not much going on tonight besides drinking a cup of tea while reading before sleeping. Book called Nexus, history of information networks from the stone age to A.I by Yuval Noah Harari.

Are you hate-reading? I can't imagine doing anything with that disgusting WEF creep.

[aesma]

over 99k again

bulls are not exhausted in any way it seems

Judging by Glassnode's Combined Orderbook chart, there is a lot to stem for the bulls to go over $100k.
Indeed, it doesn't seem they run out of steam anytime soon. We're about half way there.
The good thing is, every buyer gets Bitcoin at a quasi-fixed price for the next few thousand coins. I'd call this a bargain, considered how early we still are.

I would proudly buy for 100k just for the lulz of having bought at that price... Unfortunately (or fortunately) I have no fiat on any exchange. To be honest, I don't have much fiat anyways  

One objective I had for this year that I didn't achieve so far is to find a way to buy BTC without using centralized exchanges and without paying too much of a premium.

When I logged yesterday into my usual CEX, to which I have done lots of money transfers over the years (and some from it, but not in a long time), and where I have done KYC long ago, it said to me that I needed to do more KYC now...

[Gachapin]

This will take BTC to $1m with ease. The moment the US pulls the triggers, China will join as well as EU because no one want to be left behind.

I wouldn't be so sure about the EU. The union is led by stubborn criminal, old corrupt farts. I think this has the same probability as Warren Buffet or Peter Schiff buying in a major position in Bitcoin.

EDIT: Would be cool if Bitcoin crossed the $100k today, because i took the day off work.

TFTFY

Yeah.
Not incorrect, either.
EU was a good idea though, still it is heading up a dead end, though nobody seems to care.

EU was a wonderful idea! United people, economies, no borders (Schengen countries) could have made EU one of the World's superpowers! Unfortunately, I'm starting to suspect EU is just a CIA project, created to cause harm to US enemies at the expense of European countries. Suicidal financial and political decisions, along with openly anti-privacy, anti-cash, anti-bitcoin stance are dragging this union into the abyss.  

you could be on to something there..

[macson]

the ATH $99,655 ^{(only $345 left to $100k)}

[Gachapin]

over 99k again

bulls are not exhausted in any way it seems

Judging by Glassnode's Combined Orderbook chart, there is a lot to stem for the bulls to go over $100k.
Indeed, it doesn't seem they run out of steam anytime soon. We're about half way there.
The good thing is, every buyer gets Bitcoin at a quasi-fixed price for the next few thousand coins. I'd call this a bargain, considered how early we still are.

I would proudly buy for 100k just for the lulz of having bought at that price... Unfortunately (or fortunately) I have no fiat on any exchange. To be honest, I don't have much fiat anyways  

One objective I had for this year that I didn't achieve so far is to find a way to buy BTC without using centralized exchanges and without paying too much of a premium.

When I logged yesterday into my usual CEX, to which I have done lots of money transfers over the years (and some from it, but not in a long time), and where I have done KYC long ago, it said to me that I needed to do more KYC now...

indeed I already did at least two KYC's on the CEX's I have an account at.

I hate it. But I also haven't found any good alternative. Local Bitcoins is long gone and all non-KYC CEX's I checked were somewhat shady. I fear of being exit scammed just at the time my assets are with them...

[gwoplock]

the ATH $99,655 ^{(only $345 left to $100k)}

Which exchange? Coinbase has the ATH at $99,860 ^{($140 to 100k)}

[Gachapin]

the ATH $99,655 ^{(only $345 left to $100k)}

Which exchange? Coinbase has the ATH at $99,860 ^{($140 to 100k)}

he must be a time traveller from the past!

[JimboToronto]

...Cash rules.

you did the right thing when you bought your coins at ATMs. Well worth the fees, you often wrote about.  (I think it was you, or I'm getting old)

Both?  

Yeah, it was me.

Those were the days. I used multiple ATMs depending on their rates. The one closest to me in a 24-hour convenience store usually had the best buy rates, often actually paying me to buy their coins. Another one a short cab ride away usually had the best sell rates, again often paying me to buy their dollars. I was not only making money from holding, but also from buying and selling, all anonymously.

Those days are gone. Now I use both over-the-counter and under-the-counter exchanges dealing directly with individuals. The OTC exchange has extreme KYC/AML and I use them for my bank account. The UTC exchange is totally anonymous and pays me cash dollars. Fees are negligible if there's any fee at all. Sometimes the UTC charges me no fee during times of higher demand just to avoid having to pay a fee themselves. They make a small amount converting USD to CAD as all prices are based on Bitstamp USD prices. Even that is much less than what banks or currency exchanges usually charge.

Life goes on.

[macson]

the ATH $99,655 ^{(only $345 left to $100k)}

Which exchange? Coinbase has the ATH at $99,860 ^{($140 to 100k)}

i see on CMC

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com