Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6494. (Read 26720873 times)

legendary
Activity: 2296
Merit: 2271
BTC or BUST
Just went to a bitcoin ATM here in Vegas, to see one with my own eyes for the first time..

Damn thing has a $10,000 spread! Lol
27k sell - $37k buy
$5 fee

I was gonna stick some $ in it for the heck of it, but no thanks..
legendary
Activity: 4004
Merit: 4656
Congrats to my fellow WOers on the 30K breach.
Now can someone explain to me wtf is going on??


In TA terms we are getting a bit ahead of ourselves. Not dangerously so - currently we are sitting on the target price for late March 2021.  So we could easily and comfortably have a 3 month correction at any time.

The real question is whether something underlying has changed.  We saw the early breakout in the first half of 2019 when we went parabolic out of cycle and peaked out at $13,880 in June 2019.  Ultimately that was not sustainable (and culminated in the crash of March 2020) but it showed a baby bull that was surprisingly powerful.  

Now at the end of 2020 and starting into 2021 we see an adolescent bull that is extremely strong. The key difference between 2017 and 2021 is the start of inflow of institutional money.  Like it or not, this is not a retail driven rally. Grayscale has bought more coins than miners can produce over the past 3 months.  *This* is the reason for the rally.

The flipside is the price is much more vulnerable to regulatory interference.  If Grayscale has regulatory problems, the price will be adversely affected.  Putting regulatory issues aside, we can ask ourselves - where to from here?

We are all passengers on the rocket and I am watching for signs we are breaking upwards away from current models.  For example a breakout that would invalidate moon math.  At this stage it is far too early to say that something has changed, and right now we are still just a bit frothy which could just end up being a 2019 style overshoot.  But there is a clear risk that this could end in a melt up.  

This is potentially a dangerous time. People on this forum could see, and lose, life changing fortunes.  Have a plan motherfuckers and stick to it.  If you don’t have a plan now, make one now and write it down and then execute it. Your plan needs to include the possibility that Bitcoin goes beyond levels you have dreamed about - don’t sell yourself short.  



btc plan or covid plan? or btc plan if you get the other.
I am very happy for btc price, but the 'other thing' is spoiling it.
Friends are getting sick.
Honestly, i cannot even enjoy it.
My plan if I get it would be to simplify holdings, I am not selling 's-t' even if it starts bubbling...well, maybe a bit at 50-70K.
I would sell some doge, though, if I had it  Grin

Just image how Loaded feels.

Wonder what that dude is up to in meatspace. Can't begin to imagine what I would do, were I a Whale-Galaxy like him.

Just imagine being a relatively young guy with > $1B in your pocket. Mind blowing.



just for a reference-I am reading this book from the market wizards series right now (trying to improve my trading skills, which I may or may not need).

https://www.amazon.com/gp/product/B08C59JPVW

One guy documented making $51 mil out of $2500 account in a decade or so.
Amazing stories.
legendary
Activity: 3794
Merit: 5474
Just image how Loaded feels.

Wonder what that dude is up to in meatspace. Can't begin to imagine what I would do, were I a Whale-Galaxy like him.

Just imagine being a relatively young guy with > $1B in your pocket. Mind blowing.

Taking a low dose of aspirin might help stop you dying of covid induced blood clots. You can read the arguments for and against it here.

There are well documented health benefits to taking 81mg doses of aspirin daily. Sure you may become more prone to bruising easily, but it's worth the tradeoff IMO.

Don't forget high dose Vitamin D and some Zinc. These have been documented as effective for immune system boost. I would also recommend taking Selenium.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Hey WOers!

Have been trying to follow WO in these great times. Price is soaring, what a wonderful start of the year. We all deserve it, as our patience, perseverance and belief, are now being rewarded. 2021 should be a great year for Bitcoin, and we'll be here to celebrate it. No memes, no Carolinas, no CCMF. That should tell us something. Price is just too low for those. Perhaps at $50k or $100k...

The year started badly for me, I've been in bed for the last couple of days. High fever (up to 40 degC), diarrhea, it's fucking torture... Could be a cold, a flu, or COVID-19, I don't know. What I do know, is that I had to go to different places the last couple of weeks and most people I met either did not wear masks properly, or not at all. FUCKS! Measured my fever just now, it's 38 degC. It could mean it's subsiding. I hope so.

Lots of merit-worthy posts out there, you guys are awesome, my phone is next to my bed, trying to catch up. No merits to pass on, but that's no problem I see many of you have taken care of that.

Going back to bed, and hopefully whatever bug or virus I have will clear away soon.

Take care all.

BTW, not selling a fucking sat!

Exactly like our Kindergarten nanny just two weeks before christmas (pcr tested covid19). Mostly diarrhea and high fever, followed by fatigue, but she's well now again.
If you have some Vitamin K2 at home, please take it (200mcg/d).
Wishing you a fast and complete recovery!

Taking a low dose of aspirin might help stop you dying of covid induced blood clots. You can read the arguments for and against it here.

There are well documented health benefits to taking 81mg doses of aspirin daily. Sure you may become more prone to bruising easily, but it's worth the tradeoff IMO.

K2 works even better, since it's one of the main Vitamins responsible for blood clotting, also clears arterial plaques (proven in a dutch study).
legendary
Activity: 3122
Merit: 1538
yes
...  Have a plan motherfuckers and stick to it.  ...

Already executing it  Grin

Good advice  Cool
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
Just image how Loaded feels.

Wonder what that dude is up to in meatspace. Can't begin to imagine what I would do, were I a Whale-Galaxy like him.



Taking a low dose of aspirin might help stop you dying of covid induced blood clots. You can read the arguments for and against it here.

There are well documented health benefits to taking 81mg doses of aspirin daily. Sure you may become more prone to bruising easily, but it's worth the tradeoff IMO.
legendary
Activity: 3431
Merit: 1233
Wait, it just hit $33,000? You realize one bitcoin can no longer fit into a signed integer anymore.....

Easy solution: 1$ = 3030 sats

Bitcoin sign is BTC. Any suggestions about the Sat currency sign?



Lets go with  $

How about an S over an A like an anarchy sign with a circle and extended crosses on the A..
To remind everyone why Bitcoin came to be..


A question for graphic designers forum. Everybody there should be interested in entering through the main entrance of Bitcoin history.
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
The year started badly for me, I've been in bed for the last couple of days. High fever (up to 40 degC), diarrhea, it's fucking torture... Could be a cold, a flu, or COVID-19, I don't know. What I do know, is that I had to go to different places the last couple of weeks and most people I met either did not wear masks properly, or not at all. FUCKS! Measured my fever just now, it's 38 degC. It could mean it's subsiding. I hope so.

Lots of merit-worthy posts out there, you guys are awesome, my phone is next to my bed, trying to catch up. No merits to pass on, but that's no problem I see many of you have taken care of that.

Going back to bed, and hopefully whatever bug or virus I have will clear away soon.

Sounds like covid. Hate to say this, but I believe in facing reality: Make sure someone has access to your coins. Reason being I have had two people in December die of COVID. Both felt terrible, went to hospital, felt much better in 2 days, talked to me on the phone about how it really sucked, it wasn't the flu and holy fuck what a nightmare including the shits. The next morning both were dead. They go fast after getting "better".

Please take care of yourself and watch this carefully. I hate seeing people die of this completely preventable shit.

Taking a low dose of aspirin might help stop you dying of covid induced blood clots. You can read the arguments for and against it here.

https://www.forbes.com/sites/brucelee/2020/10/25/can-aspirin-reduce-risk-of-death-from-covid-19-coronavirus-what-this-study-really-said/?sh=67196c754c3b

Along with this advice.  Drinking water . Checking your temps.  Owning this simple meter.

https://www.amazon.com/gp/product/B07QDMR6XK/ref=ox_sc_act_title_1?

and if you drop to 90 or lower for your O2 find a doctor or go to emergency room.

My wife who battled Covid for 65 days before she cleared the infection did a lot of kneeling downward dog. while I struck her along her back.


legendary
Activity: 3620
Merit: 4813
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Congrats to my fellow WOers on the 30K breach.
Now can someone explain to me wtf is going on??


In TA terms we are getting a bit ahead of ourselves. Not dangerously so - currently we are sitting on the target price for late March 2021.  So we could easily and comfortably have a 3 month correction at any time.

The real question is whether something underlying has changed.  We saw the early breakout in the first half of 2019 when we went parabolic out of cycle and peaked out at $13,880 in June 2019.  Ultimately that was not sustainable (and culminated in the crash of March 2020) but it showed a baby bull that was surprisingly powerful.  

Now at the end of 2020 and starting into 2021 we see an adolescent bull that is extremely strong. The key difference between 2017 and 2021 is the start of inflow of institutional money.  Like it or not, this is not a retail driven rally. Grayscale has bought more coins than miners can produce over the past 3 months.  *This* is the reason for the rally.

The flipside is the price is much more vulnerable to regulatory interference.  If Grayscale has regulatory problems, the price will be adversely affected.  Putting regulatory issues aside, we can ask ourselves - where to from here?

We are all passengers on the rocket and I am watching for signs we are breaking upwards away from current models.  For example a breakout that would invalidate moon math.  At this stage it is far too early to say that something has changed, and right now we are still just a bit frothy which could just end up being a 2019 style overshoot.  But there is a clear risk that this could end in a melt up.  

This is potentially a dangerous time. People on this forum could see, and lose, life changing fortunes.  Have a plan motherfuckers and stick to it.  If you don’t have a plan now, make one now and write it down and then execute it. Your plan needs to include the possibility that Bitcoin goes beyond levels you have dreamed about - don’t sell yourself short. 

legendary
Activity: 2016
Merit: 1259
Wait, it just hit $33,000? You realize one bitcoin can no longer fit into a signed integer anymore.....

Easy solution: 1$ = 3030 sats

Bitcoin sign is BTC. Any suggestions about the Sat currency sign?



Let's go with  $

How about an S over an A like an anarchy sign with a circle and extended crosses on the A..
To remind everyone why Bitcoin came to be..


Nah, let's recycle.
legendary
Activity: 2772
Merit: 2846
on Bitstamp massive sell wall @ 34 mBTC  Grin

Thats at 25000 British pounds. Some brits must think that's a nice round number to sell at. LFC_Bitcoin is that you?
sr. member
Activity: 807
Merit: 423
Remember what a thrill it was to reach your first million dollars in Bitcoin?

"I don't get out of bed for less than $10,000 a day."
-Linda Evangelista


Oh yeah, well...

"Having my net worth increase by seven digits in my sleep doesn't even phase me any more."
-Bob Lawblaw


Bob's a lot like Linda.  He even looks like her.
legendary
Activity: 3431
Merit: 1233
Wait, it just hit $33,000? You realize one bitcoin can no longer fit into a signed integer anymore.....

Easy solution: 1$ = 3030 sats

Bitcoin sign is BTC. Any suggestions about the Sat currency sign?



Lets go with  $

This is a possibility!

USD and USN (The new USD)

So, USD1 = USN3030?
legendary
Activity: 3794
Merit: 5474
Remember what a thrill it was to reach your first million dollars in Bitcoin?

"I don't get out of bed for less than $10,000 a day."
-Linda Evangelista


Oh yeah, well...

"Having my net worth increase by seven digits in my sleep doesn't even phase me any more."
-Bob Lawblaw


Yeah but, ya' know, it's all relative. Just imagine how Loaded feels.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
Remember what a thrill it was to reach your first million dollars in Bitcoin?

"I don't get out of bed for less than $10,000 a day."
-Linda Evangelista


Oh yeah, well...

"Having my net worth increase by seven digits in my sleep doesn't even phase me any more."
-Bob Lawblaw
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
Well looking a bit too good to be true.

So rather than selling even more btc.

I sold some of my 1,000,000+ Doge

As it 2x overnight.
legendary
Activity: 2296
Merit: 2271
BTC or BUST
Wait, it just hit $33,000? You realize one bitcoin can no longer fit into a signed integer anymore.....

Easy solution: 1$ = 3030 sats

Bitcoin sign is BTC. Any suggestions about the Sat currency sign?



Lets go with  $

How about an S over an A like an anarchy sign with a circle and extended crosses on the A..
To remind everyone why Bitcoin came to be..
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