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

[somac.]

It seems to me that the price will go up again only when silver gold are not. There definitely seems to be a rotation out of Bitcoin into the PMs. What's worse though is USD falling and BTC falling at the same time. Those of us outside the US are getting creamed by this right now.

When this shit stops I'm sure there will be a rotation back into Bitcoin but at the moment it is not feeling too great.

Well the civil unrest here in the states seems to be one more factor of the price rises.

Hell sold my silver cheap so far. But still more listed.

Perhaps, but PMs are doing a straight up line only. That usually only happens in a mania stage when every man and his dog are selling everything to buy it. I suspect people are seeing the price and not thinking any further. Unsustainable, because they'll run out of money, but by the time PMs peak there will not be any tourists in Bitcoin anymore as they'll have all sold out. Surely it can't go on much longer.

[Biodom]

It seems to me that the price will go up again only when silver gold are not. There definitely seems to be a rotation out of Bitcoin into the PMs. What's worse though is USD falling and BTC falling at the same time. Those of us outside the US are getting creamed by this right now.

When this shit stops I'm sure there will be a rotation back into Bitcoin but at the moment it is not feeling too great.

Well the civil unrest here in the states seems to be one more factor of the price rises.

Hell sold my silver cheap so far. But still more listed.

Perhaps, but PMs are doing a straight up line only. That usually only happens in a mania stage when every man and his dog are selling everything to buy it. I suspect people are seeing the price and not thinking any further. Unsustainable, because they'll run out of money, but by the time PMs peak there will not be any tourists in Bitcoin anymore as they'll have all sold out. Surely it can't go on much longer.

Yeah, but i wouldn't dare to predict the exact top in PMs.
The whole "thing" feels engineered.

[JimboToronto]

Just finishing a serious snow day here in Toronto with over 60cm (24in) of snow and windchill temperatures in the -20c to -33c range (-4f to
-27F).

When I see people crybabying about a mere foot of snow and barely sub-zero temperatures I shake my head. Around -40 (c or f) is when it gets interesting.

At -55 it becomes life threatening. Your eyelids want to freeze to your eyeballs and you have to move fast. I remember running into a truck stop and when we opened the door a giant cloud of condensed ice crystals filled the outside air. Indoors, it was like someone had used a fog machine. You could see the tabletops but everyone was hidden by fog from the waist down. That was cold.

https://www.youtube.com/watch?v=DAp7FvZ5Opw

I feel for those whose infrastructures weren't ready for winter but you've got to be prepared.

[somac.]

It seems to me that the price will go up again only when silver gold are not. There definitely seems to be a rotation out of Bitcoin into the PMs. What's worse though is USD falling and BTC falling at the same time. Those of us outside the US are getting creamed by this right now.

When this shit stops I'm sure there will be a rotation back into Bitcoin but at the moment it is not feeling too great.

Well the civil unrest here in the states seems to be one more factor of the price rises.

Hell sold my silver cheap so far. But still more listed.

Perhaps, but PMs are doing a straight up line only. That usually only happens in a mania stage when every man and his dog are selling everything to buy it. I suspect people are seeing the price and not thinking any further. Unsustainable, because they'll run out of money, but by the time PMs peak there will not be any tourists in Bitcoin anymore as they'll have all sold out. Surely it can't go on much longer.

Yeah, but i wouldn't dare to predict the exact top in PMs.
The whole "thing' feels engineered.

Absolutely, picking tops with this mania is a shortcut to the poor house.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

full-on Waterworld. Times are going to be tough. It's sexy, too!

As in recycled weewee?

Exactly. That first Waterworld scene has had a profound effect on my upbringing, seconded only by the sight of your Sparkle Fairy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

It seems to me that the price will go up again only when silver gold are not. There definitely seems to be a rotation out of Bitcoin into the PMs. What's worse though is USD falling and BTC falling at the same time. Those of us outside the US are getting creamed by this right now.

When this shit stops I'm sure there will be a rotation back into Bitcoin but at the moment it is not feeling too great.

Whatever it takes to get a few more weak hands to part with their lil precious.

Cut your looses, gooses!!!!!

[Gachapin]

any cup noodle flavor recommendations for this year?

 We're going to have to resort to road-kill bone broth.  Why did skunks have to be one of the slowest moving mammals?

protein is protein!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com