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

[SaintFlow]

Good one. It's about time to just graph it on a logarithmic chart.

[JayJuanGee]

50,000!

Bet yah, Philipma1957 is.
I’m still figuring out how you guys do it. 50,000 is no joke!

10 posts OrbitalX?  and you are wondering about Philip?   wonder away... and perhaps go and look at some of phil's post history.. if you dare to at least do a bit of leg work..  

Otherwise, you makes little to no senses.  

Another thing, have you heard about bitcoin?   Phil is struggling with such topic too.. but still.. he has 50k + posts, and some of them even deal with bitcoin.

Maybe you (OrbitalX) could start out and get to know us.. (if you care about such a thingie?) by focusing substantively on dee cornz as a possible topic?

Do you care about any of that?

good morning WO!

What happened while I slept last night any thing interesting

From the perspective of this here cat, it is not a good sign if you feel that you gotta ask...

But hey whatever.. .. I probably need to chill out my self... since I can appreciate that everybody cannot be like yours truly... That would be problematic in a whole hell-of-a-lot of various ways.. .. which I should not even attempt to enumerate, even though it could serve as a decently interesting "Twilight Zone" episode.

good morning WO!

What happened while I slept last night any thing interesting

Trump and Elon are back at each other's throats with Elon saying he's going to start a new political party after seeing the wasteful government spending.  Meanwhile Trump says he's going to look into Elon's government subsidies and calls him the most subsidized person on earth...

The most exciting news yesterday was probably the tokenization of stocks.  You can now buy 60 different stocks on the Solana blockchain, which is interesting.  It makes me sad this sort of innovation isn't coming to Bitcoin, but still cool to think you can provide a liquidity pair with the S&P 500 and Bitcoin and earn interest in both, even if you can't do it on Bitcoin's blockchain.

If you could have at least refrained (or restrained yourself) from such a pussy attack on bitcoin (as if you don't know who brought you to this dance), then the rest of your post would have had been a wee bit less cringe..

I ate to compliment you after that seemingly inability to control ur lil selfie.

To the other Eh team members here,
 🅷🅰🅿🅿🆈 🅲🅰🅽🅰🅳🅰 🅳🅰🆈!!🍁

"eh"

o.k.  Now, after a wee bit of internal reflection on the ways of the world (and arguable "teams"), I think that I kind of understand what you be talkin bout Willis.























Go ........



**Ain't I Mr. culturally "sensitive?"

I don't like it when politicians and tech bros fight.
This is NOT bullish for tech, and maybe even bitcoin.

I am not sure how the fighting of politicians, tech bros, etc, matters much for dee cornz... I mean.. surely we have some additional attention that comes to bitcoin from time to time and/or various attacks or attempts to buddy up.. but in the whole scheme of things?  

What?  

What if we were to have hostility towards dee cornz versus buddying up with dee cornz?  I suppose that the "buddying up" feels better for dee HODLers of cornz, yet we likely cannot really be sure if the "buddying up" part is actually "genuine," instead of being "a trap."

I will admit.. I feel better about "buddying up."

@CryptoJelleNL
Previous all-time high resistance being turned into support.
Bears are about to go extinct.

https://x.com/cryptojellenl/status/1940318023413637313
Music to my ears, it’s about time we had some euphoria.

I would proclaim that bears are never going to go extinct.  

Bears will just have to find another line to defend at some higher price point (I mean to the extent that they did not end up getting totally wrecked along the way.. and so yeah, sometimes new bears will replace the old bears)...

We also know that sometimes these twats just have to let the BTC price run for a while, and one of my favorites that I continue to repeat and get enamoured over is the Uppity break of $500 in May 2016, and surely the "writing was on the wall" in November 2015 when the BTC price temporarily broke $500 but then corrected back down and got stuck in the lower $400s for nearly 6 months...... and yeah, any of us who knew, knew..  "We" pretty much knew by November 2015 that the bears had already lost that late 2015/early 2016 battle for $500... ..and we did not even really need to see then May 2016 break UPpity, even though sure, it did not hurt to see it actually play out.

Right now, I cannot be sure when we might be at those kinds of points, since it can be so difficult to really have strong senses while we are going through the seemingly "suffering."  

Yes, I said it.

"Suffering."


We have been "suffering" in the lower $100ks since December.. and I suppose many of us already knew that "$100k is not the top," yet some folks did not get the memo.  Some folks still consider $100k as if it were some kind of a "meaningful top,"  and yeah, they are missing something in their assessment of the bitcoin matter... and they don't know where we are at, where we might be going, and/or how we got here..

So for some reason they consider $100k-ish as if it were some kind of a high price..


Oh? gawd.. ...  



Maybe it is a matter of knowing yet not knowing?  Since surely I am not going to proclaim to know details of either how far we are going or even any details as to when, exactly.

Accordingly, I cannot even say that I know that we are at the departing point yet or not.. even though surely hanging around $100k for right around 7 months is no laughing matter...
and still, it can be quite difficult to know details.. during these seemingly early budding run times, rather than at some later point when it seems to be "running" or even already having had been running, and even when BTC prices are "running," it still can be difficult to have confidence in how far it is going to go or how long it is going to last.  

[philipma1957]

Just sideways some more.

Well sideways with a slight lift works for me.

Now if we can do it longer maybe I will get ready for up.

[JayJuanGee]

Samson Mow must be the biggest bull cunt out there with $1 million BTC in Q4.

Even more ridiculous than that other cunt Plan B $400,000.

I have a hard time criticizing guys for being overly bullish, even though I do understand that some normies can end up being damaged through their overly reliance on such overly bullish claims - yet at the same time, there might be some projection that is not even Mow's exact words since even if he might not continuously use qualifiers, there may be implied qualifiers..

Last cycle, right around the top, I proclaimed that the odds were slightly higher for more UP rather than down, meaning even as of December 16, 2021, which was within weeks of the top, I had pretty much assigned 45% odds for down and 55% odds for UP, and also I had assigned something like 2%-ish odds for $1 million or higher.. which likely means that I would assign greater that 1% odds to $1million or higher for this cycle.. and yeah, I have not honed in on my exact numbers, yet i doubt that they would be even close to as high as Mow's numbers..

Even though I ended up being quite wrong in late 2021, since t$69k ended up being the top, and my numbers seem a bit whimsical after the fact, no one really wanted to take the other side of my numbers, and really I did not see anyone attempting to assign any granularity to their proposed BTC price direction proclamations... even though Phil was sure as fuck we were going above $70k.. and he beat that one to death, even though it might not have actually been bettable, even though he ended  up bing wrong with his seemingly high level of proclamations.

I am starting to wonder if Mow considers the odds for $1 million before the end of 2025 to be greater than 50%, since that would make it bettable. and I have not heard about him entering into any bets on the topic.

I am currently thinking less than 10% for greater than $1 million for this cycle, and I sometimes get the sense that I have been overly beaten if I am even pondering 5%-ish odds for greater than $1 million for this cycle and I admit that might be overly bearish.. but 5% is still quite a bit higher than a lot of folks would assign for greater than $1 million bitcoin for this cycle and it is really ONLY a 9x.. so that is not really that grandeur when it comes to bitcoin.... yet, maybe I should say that even if I were to be considering odds of greater than 10% for our touching upon $1 million this cycle, the that still seems like that there is enough room to bet against someone who seems to be suggesting greater than 50/50 odds for $1 million before the end of 2025.  . Let's say, if I were feeling really bullish, then I might be going as high as 10% or maybe even 15% for my acceptance that we could hit $1million in this cycle or even by the end of 2025, yet that also seems bettable for me to take the other side of a Mow bet, especially if he might just be going slightly higher than 50/50 odds on his side of the bet. It is funny that ther3e is no outstanding bet given how frequently I hear Mow talking about $1million bitcoin, and he seemed to have have said it several times already for earlier timelines, so he is already used to being wrong.. but perhaps still hoping that sooner or later, he will be correct and he will be able to say "I told you so... .I just didn't know when, exactly," which seems like almost a fair position for him to take.

By the way, we also know that it does not really take that much money to move the bitcoin market, so it is not like we need $18 trillion to come into bitcoin in order for bitcoin to move up in its market cap from $2 trillion (currently) to right around $20 trillion, which is what it would be at right around $1 million per coin.

I know they blocked everything from crypto's before not allowing transfers incoming from exchanges etc
Its the classic first they laugh/ignore you, now they join you situation.

Your link is behind a pay wall
It sounds like they only want to earn from Bitcoin buyers, so I'm curious if they're still not allowing transfers from exchanges. Large corporations taking control of people's private keys and selling them "an account" isn't really the kind of adoption I was hoping for.

Banks have no morals, they do anything to earn more money. Remember the massive fines for facilitating money laundering (not related to crypto)? They only started checking more because they got fined.

Anyone who believes that banks want Bitcoin because of what it represents in its core idea is either crazy or doesn't understand how the system works. Banks were created so that a very narrow group of people could control everyone else and make extra profits - and even today we see that politics and banks are two wings of the same body.
In addition, as you say, they are the biggest money launderers in the world, and on the other hand, I believe that banks are among the biggest sponsors of attacks on Bitcoin, whether it is that BTC mining causes climate change, or that it consumes too much electricity, so we will remain in the dark - and of course only criminals, terrorists and generally those who want to hide something work with BTC.

When they didn't manage to destroy the whole thing or marginalize it enough to slowly disappear in the wasteland of the internet, they decided on another tactic. The goal is obviously to profit from BTC as much as possible, while at the same time moving as many people away from the idea that it is the currency they should use.
Is it realistic to speculate that by the end of this decade maybe even 50% of all BTC will be in the possession of various ETFs, individuals like Saylor and others like him and maybe even central banks? Someone may not see too much of a problem in this, but since BTC spot ETFs were approved in the US, large companies like BlackRock have become very interested in BTC mining companies in which they have already acquired significant stakes.
I'm just curious if all this is purely for profit, or if there's an idea behind it to try to centralize Bitcoin to some extent. It should not be forgotten that BlackRock once announced that in the case of a hard fork, they reserve the right to follow the chain they consider better, not necessarily the one chosen by the majority of the community.

Even though you make a lot of good points Lucius, I consider you to be overly bearish and hopefully you are not overly hedging against bitcoin based on your views that the seem to presume that status quo institutions have as much power as you are making them out to have.  I believe that they are going to try many of the things that you suggest, and if they are not able to do such things overtly, they will strive to do them covertly.  I just doubt that they are going to have as much success as you seem to be presuming them to have a bit of a cake-walk with bitcoin, when the fact of the matter is that they going to have to learn some much better ways to fuck people over, since I am going to suggest that from time to time, there are going to be enough folks holding their private keys and transacting privately that will help to bring some honesty, even though the BIG player crooks will continue to crook in their various ways.

Seeing green plants will make you feel calm and fresh, especially if you see the condition of Bitcoin which is always green.

Except when it is not.

Just sideways some more.
Well sideways with a slight lift works for me.

Now if we can do it longer maybe I will get ready for up.

I am not convinced.

Being ready for UP does not just happen.. being ready for up is a process that involves conviction and historical action that may well take years and years and years to develop the conviction and to act upon such conviction over and over and over.

Even if you are not quite ready for UP, it is still better to be a low coiner rather than a no coiner, so at least you seem to have that low coiner thingie-ma-jiggie going for you.  It could be worse.  There are like 99% of the world's population who are still no coiners (it could be slightly less than 99%, but I have my doubts), and some of them are even on this forum and come to threads like this one.. so at least you are not one of those no coiner guys.

[Zeunerts]

NEW ATH TODAY? I CAN FEEL IT - MY BODY IS READY

[SaintFlow]

NEW ATH TODAY? I CAN FEEL IT - MY BODY IS READY

I cannot feel it. All I see on the Euro/BTC chart is a slight slippage going on as the dollar keeps dumping.

My Data points:
ATH BTC/EUR:  20. Jan 2025     105,812€

If we want a new ATH at current exchange rate 1€=1.18$
The BTC/$ has to be at 124,858

Before that ... Just printed paper storm

[Leahized]

$110,000

Edit; Confirmed

[bitcoinPsycho]

  

[Zeunerts]

NEW ATH TODAY? I CAN FEEL IT - MY BODY IS READY

I cannot feel it. All I see on the Euro/BTC chart is a slight slippage going on as the dollar keeps dumping.

My Data points:
ATH BTC/EUR:  20. Jan 2025     105,812€

If we want a new ATH at current exchange rate 1€=1.18$
The BTC/$ has to be at 124,858

Before that ... Just printed paper storm

I am with you on that one, 100%. I am way behind ATH in my local currency. But majority of the market measures against USD so it is still important to push through.
At the same time, as cAPSLOCK wrote, 1 BTC = 1 BTC.

[SaintFlow]

If we want a new ATH at current exchange rate 1€=1.18$

I cut out the rest of what you said to highlight your glaring mistake.

Nested mistakes

You will either learn...

...or lose.


(you are valuing what is valuable against an equation of what_is_not_valuable/What_is_less_valuable)

I have unrealised loss of 14% in Euro Vs. BTC

The $ has become clown money and any stable coin has a red nose too

I don't know what is wrong with you cAPSLOCK. Of cause 1BTC is 1BTC.
And my old cold storage is what it is. But when I bring hard earned salary to the table, too - I will bitch if I see red for half a year and longer!

[Ambatman]

Just realised how much I'm reliant on Buddy to know about Bitcoin price
Been in the dark since yesterday.

[LFC_Bitcoin]

@CryptoJelleNL
#Bitcoin local range: one last hurdle to overcome.

Break $112k and the sky is the limit.

🚀

https://x.com/cryptojellenl/status/1940709666390265989


Nearly time to enter the banana zone.

[Btcdeybodi]

Seems the chopper is idling up for a possible new ATH

It has already done $110k not quite long ago and went back to gather momentum around $109k

Hopefully, the next speed of action will be to break the previous ATH barrier of $112k, probably today or during the weekend because there are clear indications of a sudden bullish movement.

[Lucius]

Samson Mow must be the biggest bull cunt out there with $1 million BTC in Q4.

Even more ridiculous than that other cunt Plan B $400,000.

I have a hard time criticizing guys for being overly bullish, even though I do understand that some normies can end up being damaged through their overly reliance on such overly bullish claims - yet at the same time, there might be some projection that is not even Mow's exact words since even if he might not continuously use qualifiers, there may be implied qualifiers..

Last cycle, right around the top, I proclaimed that the odds were slightly higher for more UP rather than down, meaning even as of December 16, 2021, which was within weeks of the top, I had pretty much assigned 45% odds for down and 55% odds for UP, and also I had assigned something like 2%-ish odds for $1 million or higher.. which likely means that I would assign greater that 1% odds to $1million or higher for this cycle.. and yeah, I have not honed in on my exact numbers, yet i doubt that they would be even close to as high as Mow's numbers..

Even though I ended up being quite wrong in late 2021, since t$69k ended up being the top, and my numbers seem a bit whimsical after the fact, no one really wanted to take the other side of my numbers, and really I did not see anyone attempting to assign any granularity to their proposed BTC price direction proclamations... even though Phil was sure as fuck we were going above $70k.. and he beat that one to death, even though it might not have actually been bettable, even though he ended  up bing wrong with his seemingly high level of proclamations.

I am starting to wonder if Mow considers the odds for $1 million before the end of 2025 to be greater than 50%, since that would make it bettable. and I have not heard about him entering into any bets on the topic.

I am currently thinking less than 10% for greater than $1 million for this cycle, and I sometimes get the sense that I have been overly beaten if I am even pondering 5%-ish odds for greater than $1 million for this cycle and I admit that might be overly bearish.. but 5% is still quite a bit higher than a lot of folks would assign for greater than $1 million bitcoin for this cycle and it is really ONLY a 9x.. so that is not really that grandeur when it comes to bitcoin.... yet, maybe I should say that even if I were to be considering odds of greater than 10% for our touching upon $1 million this cycle, the that still seems like that there is enough room to bet against someone who seems to be suggesting greater than 50/50 odds for $1 million before the end of 2025.  . Let's say, if I were feeling really bullish, then I might be going as high as 10% or maybe even 15% for my acceptance that we could hit $1million in this cycle or even by the end of 2025, yet that also seems bettable for me to take the other side of a Mow bet, especially if he might just be going slightly higher than 50/50 odds on his side of the bet. It is funny that ther3e is no outstanding bet given how frequently I hear Mow talking about $1million bitcoin, and he seemed to have have said it several times already for earlier timelines, so he is already used to being wrong.. but perhaps still hoping that sooner or later, he will be correct and he will be able to say "I told you so... .I just didn't know when, exactly," which seems like almost a fair position for him to take.

By the way, we also know that it does not really take that much money to move the bitcoin market, so it is not like we need $18 trillion to come into bitcoin in order for bitcoin to move up in its market cap from $2 trillion (currently) to right around $20 trillion, which is what it would be at right around $1 million per coin.

I know they blocked everything from crypto's before not allowing transfers incoming from exchanges etc
Its the classic first they laugh/ignore you, now they join you situation.

Your link is behind a pay wall
It sounds like they only want to earn from Bitcoin buyers, so I'm curious if they're still not allowing transfers from exchanges. Large corporations taking control of people's private keys and selling them "an account" isn't really the kind of adoption I was hoping for.

Banks have no morals, they do anything to earn more money. Remember the massive fines for facilitating money laundering (not related to crypto)? They only started checking more because they got fined.

Anyone who believes that banks want Bitcoin because of what it represents in its core idea is either crazy or doesn't understand how the system works. Banks were created so that a very narrow group of people could control everyone else and make extra profits - and even today we see that politics and banks are two wings of the same body.
In addition, as you say, they are the biggest money launderers in the world, and on the other hand, I believe that banks are among the biggest sponsors of attacks on Bitcoin, whether it is that BTC mining causes climate change, or that it consumes too much electricity, so we will remain in the dark - and of course only criminals, terrorists and generally those who want to hide something work with BTC.

When they didn't manage to destroy the whole thing or marginalize it enough to slowly disappear in the wasteland of the internet, they decided on another tactic. The goal is obviously to profit from BTC as much as possible, while at the same time moving as many people away from the idea that it is the currency they should use.
Is it realistic to speculate that by the end of this decade maybe even 50% of all BTC will be in the possession of various ETFs, individuals like Saylor and others like him and maybe even central banks? Someone may not see too much of a problem in this, but since BTC spot ETFs were approved in the US, large companies like BlackRock have become very interested in BTC mining companies in which they have already acquired significant stakes.
I'm just curious if all this is purely for profit, or if there's an idea behind it to try to centralize Bitcoin to some extent. It should not be forgotten that BlackRock once announced that in the case of a hard fork, they reserve the right to follow the chain they consider better, not necessarily the one chosen by the majority of the community.

Even though you make a lot of good points Lucius, I consider you to be overly bearish and hopefully you are not overly hedging against bitcoin based on your views that the seem to presume that status quo institutions have as much power as you are making them out to have.  I believe that they are going to try many of the things that you suggest, and if they are not able to do such things overtly, they will strive to do them covertly.  I just doubt that they are going to have as much success as you seem to be presuming them to have a bit of a cake-walk with bitcoin, when the fact of the matter is that they going to have to learn some much better ways to fuck people over, since I am going to suggest that from time to time, there are going to be enough folks holding their private keys and transacting privately that will help to bring some honesty, even though the BIG player crooks will continue to crook in their various ways.
~snip~

I don't think I'm bearish at all, I'm just trying to see the bigger picture based on what's happening when it comes to Bitcoin. I've been with BTC for 10+ years and have invested a lot of time and money in it, I only sell as much as I need at any given time, but let's say I have enough BTC to retire today, although I prefer BTC far more than anything else and I don't think I'll ever sell all or most of it.

What I wrote is perhaps my reaction to what I mostly read on the forum, which is that most people believe that companies like BlackRock or Fidelity or maybe Strategy are some kind of leaders of the crypto revolution (I know you don't like that word), and that without them Bitcoin wouldn't be where it is now.

It's actually paradoxical to me that the system that resulted in us having BTC today is the main driving force behind it (at least that's what various experts claim). Yes, of course there will always be people who will practice storage in non-custodial wallets and strive for privacy, but even today this is a minority that is always under scrutiny.

As it says in my profile (currently), dum spiro, spero - and they say hope dies last.

[nutildah]

Explanation
Chartbuddy thanks talkimg.com

Bitcoin has deceased?

[OutOfMemory]

Explanation
Chartbuddy thanks talkimg.com

Bitcoin has deceased?

No, it flew away:

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

Explanation
Chartbuddy thanks talkimg.com

Bitcoin has deceased?

No, it flew away:

Explanation
Chartbuddy thanks talkimg.com

i fed buddy a merit

dont wanna buddy to think we dont have its back during down times

[d_eddie]

Seeing green plants will make you feel calm and fresh

Smoking some of them too.

[WatChe]

50,000!

Philipma1957 the only human with 50k posts.

The Post Lord.

[welovebit]

50,000!

Great achievement sir. If I have no injury in my career I am going to follow you on this forum in coming decade good luck for your amazing past and great future here as well.