Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4569. (Read 26610001 times)
October 16, 2021, 12:01:26 PM
October 16, 2021, 11:40:05 AM
No one elaborates the number-go-up-number-go-down narrative better than you Jay.
October 16, 2021, 11:26:02 AM
Personally, I am interested in seeing what happens in terms of both getting to $80k and through noman's land, and then surely between $80k and $100k.. ... and maybe $80k and $100k are not much different from each other.. perhaps? perhaps?, but personally I don't necessarily want to get too presumptuous about $100k being a done deal until getting to and perhaps above $80k first.. which would be getting through noman's land and seeing how that anticipated journey plays out...
100k might be a slightly harder nut than 80k - if only for the strong psychological milestone of "adding one digit".
But that's nothing. Well, almost nothing. 1M, now that will be a stone hard nut. Just wait and see...
For sure my tentative idea is that there is likely to be some resistance before $100k but not too much resistance before $80k.. even though we know that anything can happen, and it would be somewhat surprising (but not way outside of expectations to shoot straight from $50k to supra $80k without some squabbling).... On the other hand, remember going past the $19,666 previous ATH in December 2020.. we did end up pretty much going straight from $17k-ish (and some would even point out lower numbers than that as the starting off ripping point), and there really was no meaningful correction to until we got to about $42k.. .. I know holy shit, and I largely point that out to show that such a thing is possible.. but for sure we cannot sit back and expect it to happen again, merely because it already happened... and of course we have had other similar price shooting UPpity at several points in BTC's history.. so it is not any kind of complete surprise - even if it tends to feel like a surprise for a lot of us while it is happening.. because many of us are in awe contemplating that a violent correction "could happen at any time" but it continues to NOT happen.
October 16, 2021, 11:01:24 AM
October 16, 2021, 10:49:06 AM
I just wonder if their current "Master of Coin" knows it is impossible to print one trillion BTC notes... I guess someone would have told the higher ranks, no?
October 16, 2021, 10:01:33 AM
October 16, 2021, 09:37:23 AM
found today while shopping 
... unfortunately the atm was offline 
It's not ATM's fault, it's bitcoin to blame. We are going to break every record in the past. Time for $100k now, Sear belt? ... unfortunately the atm was offline October 16, 2021, 09:01:27 AM
October 16, 2021, 08:25:55 AM
found today while shopping ... unfortunately the atm was offline
... unfortunately the atm was offline 
October 16, 2021, 08:06:05 AM
Personally, I am interested in seeing what happens in terms of both getting to $80k and through noman's land, and then surely between $80k and $100k.. ... and maybe $80k and $100k are not much different from each other.. perhaps? perhaps?, but personally I don't necessarily want to get too presumptuous about $100k being a done deal until getting to and perhaps above $80k first.. which would be getting through noman's land and seeing how that anticipated journey plays out...
100k might be a slightly harder nut than 80k - if only for the strong psychological milestone of "adding one digit".
But that's nothing. Well, almost nothing. 1M, now that will be a stone hard nut. Just wait and see...
October 16, 2021, 08:01:24 AM
October 16, 2021, 07:49:51 AM
I liked this snippet from the link above.
Quote
PS, If you’re feeling good reading this, you are probably on one of the tail ends. If you’re offended, you’re probably in the center.
I didn't feel offended. Quite the contrary. Does that make me a derp?
October 16, 2021, 07:17:13 AM
If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.
Maybe rich, but Bitcoin poor
Few understand what’s more important
will always be buying another piece no matter what anyone elses advice is or what they do.
...except when i sell a piece no matter what anyones elses advice is or what they do.
Will be buying another piece based on this advice, and break it up into smaller pieces so each piece is worth more.
Few understand this.
October 16, 2021, 07:07:25 AM
And here goes the rocket for MicroStrategy also
Did you notice the wicked smile on Saylor's face because he knows that investment is going to be more than it soon and his company has not profited that much in services also which they have gained from just holding bitcoin.Best utilisation of funds instead of increasing your cash reserves only that depreciates over time.
Now green dildos are above $61k
Did you notice the wicked smile on Saylor's face because he knows that investment is going to be more than it soon and his company has not profited that much in services also which they have gained from just holding bitcoin.Best utilisation of funds instead of increasing your cash reserves only that depreciates over time.
Now green dildos are above $61k
October 16, 2021, 07:01:40 AM
October 16, 2021, 06:41:35 AM
Perhaps the wrong time but I couldn't help but nibble up a 0,1 coin this morning. It doesn't add much to my stash but it saves my savings account's value from depleting even further.
I'm getting more bullish on BTC by the day with all the signals we are getting.
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Paypal are now custodians of BTC here in the UK and they prominently advertise that on their home page. PayPal's value is rocketing, this is no coincidence, also considering it no longer needs eBay.
It is only a matter of time before all banks get into this game. They will HAVE to!
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Reports of second hand car values going up today in the UK have recently hit the headlines.
How I see it:
I bought my 2016 SUV car for £27,500. The second hand value after 5 1/2 years driving 30K miles is £20,000 minimum. That would be an extraordinary good value retention compared to previous cars I've owned over that sort of period. I could only shift my pervious car for only about 10% of its value after 8 years.
If you want one those cars I own new now, you are looking at £40K!
This doesn't mean "second hand car values are going up", it means fiat is utter dog shit as its value is going down to the Mariana Trench and everyone knows it.
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Safe figures of BTC at $500-600k by 2030 as quoted by InvestAnswers I think are in fact very bearish.
This thing is going to 2-5 million by then, perhaps even more.
-----
Things might seem cosy and fine for some like it was on the Titanic until the last hour before it sank, but all the financial news points into one direction and one direction only:
There are lifeboats waiting. Are you going to get on board or sink with the Fiatanic?
I'm getting more bullish on BTC by the day with all the signals we are getting.
------
Paypal are now custodians of BTC here in the UK and they prominently advertise that on their home page. PayPal's value is rocketing, this is no coincidence, also considering it no longer needs eBay.
It is only a matter of time before all banks get into this game. They will HAVE to!
------
Reports of second hand car values going up today in the UK have recently hit the headlines.
How I see it:
I bought my 2016 SUV car for £27,500. The second hand value after 5 1/2 years driving 30K miles is £20,000 minimum. That would be an extraordinary good value retention compared to previous cars I've owned over that sort of period. I could only shift my pervious car for only about 10% of its value after 8 years.
If you want one those cars I own new now, you are looking at £40K!
This doesn't mean "second hand car values are going up", it means fiat is utter dog shit as its value is going down to the Mariana Trench and everyone knows it.
-----
Safe figures of BTC at $500-600k by 2030 as quoted by InvestAnswers I think are in fact very bearish.
This thing is going to 2-5 million by then, perhaps even more.
-----
Things might seem cosy and fine for some like it was on the Titanic until the last hour before it sank, but all the financial news points into one direction and one direction only:
There are lifeboats waiting. Are you going to get on board or sink with the Fiatanic?
October 16, 2021, 06:39:38 AM
It's as though I'm listening to the history of BTC vs USD in that song. The covid March 2020 dip starts at 5:55 - quick recovery though
October 16, 2021, 06:01:25 AM
October 16, 2021, 05:01:26 AM
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