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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5590. (Read 26607093 times)

copper member
Activity: 1526
Merit: 2890
Good morning WO... Please welcome our old friend $56k!!!



legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
All I see is positive news but the price is meh. I know I’m being ungrateful & greedy,

Seems that you are being a wee bit ungrateful and greedy.

Sure when we were in the top of the range, $59k to $65k-ish, it just does not seem to be a place to hang out for very long, so from there, $59k to $65k-ish, there was a kind of imperative to either go up or go down.. because we just cannot be hanging out at the top of the range.

Who knows how long we could be hanging out in the $50ks (yes, I understand that we already spent a decent amount of time here in the past couple of months (or maybe just the past 6 weeks), but sure does seem like a long time hanging out in the $50ks, but this spot would not be a too bad of a place to even hang out for a few more months.  

We could call it stable prices.  People love stable prices, but sure it is NOT likely a long term place that we will be hanging out, even if it could be possible to hang out here for a decent amount of additional time in the medium term.. if we are calling 2-3 months "medium" term?


if you told me last April we’d be in the mid $50,000’s a year from then I’d have been delighted.
Surely you would have.. we had a lot of seeming reasonable peeps suggesting a couple of years or more just to get back above $10k - which surely seemed troublesome at the time, but NOT completely out of the realms of possible outcomes - despite some of our more convincing BTC price prediction models showing otherwise - and so those of us who had been meaningfully and adequately pee paring our lil selfies for UPpity were able to substantially and materially (even though it may be appearing to be ONLY on paper if we have not cashed out our lil selfies).

Even if our profits might ONLY seem to be on paper to some, many of us can really feel that we have materially and psychologically benefitted from the BTC price violence of 5x to 6x+ since September - even though it is no longer feeling like 6x+ at this particular moment... but there still feels some decent amount of knowing that we could cash out some or all of our BTC, even at these here prices.. and NOT too bothered about it.

Yes, we  might get a bit more stressed if BTC prices were to correct further into the lower $40ks, which is NOT greatly out of the question, even if it might NOT feel like it has high likelihoods of happening in the coming months.
'
I don't know, and I do not care too much, even if I share similar preferences as you towards UPpity rather than flat or experiencing more or less normal kinds of consolidations or corrections that remain decent possibilities.

I am NOT even saying that there has to be further BTC corrections for some of the known shitcoin and DEFI froth to go through some meaningful purgenings.

Who knows?  Who knows?

Even though many of us know that there remain decent amounts of upside BTC potential, we also likely realize that there may well be some weakhands to purge from btitcoinlandia, too.  Don't know.  Don't know, and whatevers.

I keep expecting an imminent, explosive move up but nothing doing yet.

Sure.   I was starting to feel like it was going to continue UPpity.. and sure, it still could, but we could also be a wee bit ahead of schedule, too.. I don't claim to know much of anything, but I do get the sense that BTC prices do not tend to go straight UPpity, even if there are a lot of people who honestly, sincerely and with all of their heart blah blah blah believe in supercycle blah blah blah..

Yeah, supercycle might happen, but then again, it might not... at least not now and not even for another cycle or two, if it does.... in spite of our having a decent amount of information that there are likely more and more institutions and BIGGER players getting into bitcoin.... Those BIGGER players and institutions might even have some desires (and even potentially have some tools available) to remove some coins from retail (those who might not have patience to experience their up and coming richie status (but only if they HODL - but they might NOT be able to.. 5x to 6x profits for some of those short-termers, as a sure thingie, in their lil pockets, all they have to do is hit the sell button.

Have you ever had 5x to 6x returns in less than a year..? and isn't it tempting to sell, especially if you don't know what the fuck you are investing in.. and if you value your wealth in dollars and the prices appear to be going down (not UP as promised)?  What if you could sell and buy back lower.. there's that, too.  hahahahahha  good luck.
legendary
Activity: 1526
Merit: 2617
Perfect example of a Dogecoin holder.

https://www.youtube.com/watch?v=NSpQx-U989o

What a fucking carry on. I would have given up after 3 - 4 attempts.

I watched the entire thing with countless adverts in between.

No joke one of the early adverts was for headache tablets. I can see why!

Now back to Jack Vale fart videos.

Ads? Man, Adblock is really nice in getting rid of that. Without it I don't think it would be possible to watch UTube.

But yes, it fits the mentality of a DOGE HODLer (every minute your coins are worth LESS!!!) perfectly.

Was watching it on my phone that one, on my desktop without adblock I wouldn't even bother with youtube.

I bet at least 75% of people who bought in don't even know about the Doge inflation.
legendary
Activity: 3010
Merit: 8114
For my 10,000th post I started a thread encapsuling my 10 favorite Bitcointalk moments... Due to time constraints I've only done 3 so far, but one of them was my first post on the WO... If you're utterly disinterested just keep swiping:


It was a cold November night and BTC was tanking thanks to the fallout from the Bcash Civil War, crashing into the $3,000s. I was wondering how much lower could this thing go and decided to poke my head into the WO to see if I could gather any intelligence. Instead what I found was a good-humored band of chaps making the most of the situation. Nobody was panicking or losing their shit, and that was reassuring. Their long-term outlook seemed wisened, but they were also wise-guys as well.

Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.



Glad to be here.

Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.



Glad to be here.

"It's like a kind of torture...to have to watch this show"

TBC...

Then days later theymos popped in to say the lowest BTC could go was ~$700, and that shit hit hard. Thankfully we came nowhere near that.
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
Perfect example of a Dogecoin holder.

https://www.youtube.com/watch?v=NSpQx-U989o

What a fucking carry on. I would have given up after 3 - 4 attempts.

I watched the entire thing with countless adverts in between.

No joke one of the early adverts was for headache tablets. I can see why!

Now back to Jack Vale fart videos.

Ads? Man, Adblock is really nice in getting rid of that. Without it I don't think it would be possible to watch UTube.

But yes, it fits the mentality of a DOGE HODLer (every minute your coins are worth LESS!!!) perfectly.
legendary
Activity: 1526
Merit: 2617
Perfect example of a Dogecoin holder.

https://www.youtube.com/watch?v=NSpQx-U989o

What a fucking carry on. I would have given up after 3 - 4 attempts.

I watched the entire thing with countless adverts in between.

No joke one of the early adverts was for headache tablets. I can see why!

Now back to Jack Vale fart videos.
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
That is a great video.

I was thinking: For the general masses, who expect to have their money inflated away from them, who are happy with the powers that be controlling the price of their wealth, something like DogeCoin is friendly, familiar, and gives them good feels when they get fucked over. I mean they're used to it and would probably just be confused by something stable, reliable, and reasonable like Bitcoin.

So no wonder it's becoming the common man's coin.....
copper member
Activity: 1526
Merit: 2890
“I don’t think this is a bubble at all in bitcoin, I think this is now the beginning of a mainstreaming of it."

Bitcoin rally this year is the start of going mainstream, not a bubble, says investor Bill Miller.

https://www.cnbc.com/2021/04/20/bitcoin-is-not-a-bubble-its-at-start-of-going-mainstream-bill-miller.html
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Supply shock underway. Smiley



priced in? naaah
I still think that this cycle will surprise us (either on upside[70% chance] or downside [30% chance-purely a guesstimate]).

Most likely upside.

legendary
Activity: 1526
Merit: 2617
Instead of taking the race bait which is what the media and pathetic politicians want, I would like to say something about a person that actually mattered to me:

Rest in peace Jim Steinman.

Songwriter extraordinaire.

Salute!


legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
OTbut important:
“BREAKING: Derek Chauvin found guilty of murder in the death of George Floyd”

Nope, I saw on the Interwebs that they were all crisis actors and that they were just cardboard cutouts set up by the lizard people in skinsuits.

BS. You're were only made to believe this "lizard conspiracy" makeup because you're influenced by these chemicals they spray using them chemtrails. You think that's air you're breathing?  Wink
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
OTbut important:
“BREAKING: Derek Chauvin found guilty of murder in the death of George Floyd”

Nope, I saw on the Interwebs that they were all crisis actors and that they were just cardboard cutouts set up by the lizard people in skinsuits.
copper member
Activity: 1526
Merit: 2890
OTbut important:
“BREAKING: Derek Chauvin found guilty of murder in the death of George Floyd”
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
newest M1 imac limitations are stupid-it looks like they are just large ipads on a stand. I actually miss Jobs tremendously.
At least he was innovating and Cook is good at just one thing-selling.
I surmise that they will deliver "pro" version soon, alas, I need a new one now and probably will not wait.

Why even get one? What can you do on it that can not be done on another device? (or is it done differently ...)

Mac Minis made really nice little servers. I liked em, but with each release of OS/X it becomes less and less a tool and more a marketing platform. Thanks but no, I think when my systems are up I'll switch to Linux and deal.

Pity, I really liked Mach.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.


Schwarzenegger whiteout no doubt in my top 5 of all time characters

Recently there was a new get to the choppa video on insta I think....
legendary
Activity: 3892
Merit: 4331
newest M1 imac limitations are stupid-it looks like they are just large ipads on a stand. I actually miss Jobs tremendously.
At least he was innovating and Cook is good at just one thing-selling.
I surmise that they will deliver "pro" version soon, alas, I need a new one now and probably will not wait.

Why even get one? What can you do on it that can not be done on another device? (or is it done differently ...)

I am not getting the M1, most likely 2020 version, need 27in monitor.
You mean mac/Pc...just habit.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
newest M1 imac limitations are stupid-it looks like they are just large ipads on a stand. I actually miss Jobs tremendously.
At least he was innovating and Cook is good at just one thing-selling.
I surmise that they will deliver "pro" version soon, alas, I need a new one now and probably will not wait.

Why even get one? What can you do on it that can not be done on another device? (or is it done differently ...)
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins

Ahh yes it's all coming together nicely. Next step is LN channel between Venmo and PayPal

...
Currently US has PayPal bucks, Venmo bux, CashApp bux, zelle bux, EveryOtherPaltform bux etc... All of those balances are stuck inside their platform's walled gardens, now, what if those companies just had some sort of instant, almost free, magical lightning fast settling channel between them? Like when people "buy" BTC IOU in their respective apps, on top of seeing a BTC balance and getting exposure to BTC fluctuation they could also get an option to instantly transfer their "BTC" IOU between different apps/platforms.
Quote
Can i Venmo you the rent, umm i only got cashapp can you do that? Ahh it doesn't matter just send me the balance in BTC IOU here's the QR
All those apps can KYC/AML their customers before they'll set up a channel between each other. Then grandma can go, look sonny i'm using them bitcoins. At this stage that'd be the best use case, can be implemented yesterday, and masses would benefit from BTC as the underlying settlement channel
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