Well I guess we'll see soon enough. Local top or not, the mid term scenario doesn't change all that much
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6624. (Read 26730991 times)
December 26, 2020, 12:33:47 PM
A sobering note. Some self-appointed gurus note that the volume is low, even for the weekend, so this might look like a local top. I say: it would make sense for the badger to take a breather even if we know he don't care. On the other hand, in the weekend - and especially on Boxing Day - institutional investors are supposed to be sitting on their hands.
Well I guess we'll see soon enough. Local top or not, the mid term scenario doesn't change all that much
Well I guess we'll see soon enough. Local top or not, the mid term scenario doesn't change all that much
December 26, 2020, 12:28:56 PM
This price action makes me think that a $250k + top is much more plausible that a $100k top 
The current currency system is dying.
It’s no longer a cringe part of a hidden sub culture in society who knows this.
It’s no longer the Peter Schiffs of this world proclaiming the end of fiat systems.
It’s a (close to critical) mass that is contemplating this now. All in the open and for everyone to see.
And it’s simple math determining that this will accelerate. 20% of all dollars in the world created this year alone. Next time, will it be 40%? And the next thereafter?
Will the new stimulus bill go to $4 trillion (6.6% of all money (in broad terms) in the whole world)?
Will the next stimulus bill be $8 trillion?
The talks about the $1 trillion coin seem a long time ago (those were rookie numbers ).
It’s happening because it’s inevitable.
Greatest. Wealth. Transfer. Ever.
The current currency system is dying.
It’s no longer a cringe part of a hidden sub culture in society who knows this.
It’s no longer the Peter Schiffs of this world proclaiming the end of fiat systems.
It’s a (close to critical) mass that is contemplating this now. All in the open and for everyone to see.
And it’s simple math determining that this will accelerate. 20% of all dollars in the world created this year alone. Next time, will it be 40%? And the next thereafter?
Will the new stimulus bill go to $4 trillion (6.6% of all money (in broad terms) in the whole world)?
Will the next stimulus bill be $8 trillion?
The talks about the $1 trillion coin seem a long time ago (those were rookie numbers
).It’s happening because it’s inevitable.
Greatest. Wealth. Transfer. Ever.
December 26, 2020, 12:24:30 PM
What is this $26K - a pump for ants? I will get somewhat excited about $150K, anything below it is just noise.
December 26, 2020, 12:21:17 PM
$26000 just happened on Binance. Like this we will get to $31000 by end of the year. I just hope then we will not drop to $1000 n the first. 
Now we are already 30% above 2017 ATH. Not sure if there is a way back probable anymore.
Now we are already 30% above 2017 ATH. Not sure if there is a way back probable anymore.
December 26, 2020, 12:17:51 PM
It seems we can as well do it today!
Yep, $31,000 on 31st.
December 26, 2020, 12:12:32 PM
Well at this point it would seem not only taxi drivers and Grandmas are piling in, but
cousin Mel just signed up to that unmentionable exchange and is taking the shitcoin quizzes as I type.....
cousin Mel just signed up to that unmentionable exchange and is taking the shitcoin quizzes as I type.....
December 26, 2020, 11:44:16 AM
Good morning Bitcoinland. Happy Boxing Day.
The rally continues... currently $25790USD/$33200CAD (Bitcoinaverage).
Go Bitcoin go.
Just about got to 2600(0) today and that's a good nostalgic number to be proud of if you're a phreaker from the '60's.
The rally continues... currently $25790USD/$33200CAD (Bitcoinaverage).
Go Bitcoin go.
Just about got to 2600(0) today and that's a good nostalgic number to be proud of if your a kid from the 80's.
Just about got to 2600(0) today and that's a good nostalgic number to be proud of if you're a phreaker from the '60's.
December 26, 2020, 11:43:04 AM
It seems we can as well do it today!
December 26, 2020, 11:41:29 AM
When parity between wall observer page and BTC price ?
December 26, 2020, 11:27:51 AM
Wow! This price action is amazing and to think that most of 2021, if not all of it, is likely to be in an upward direction. Just wow!
We should be at page parity soon at this rate. Maybe even before year end??
We should be at page parity soon at this rate. Maybe even before year end??
December 26, 2020, 11:24:31 AM
discovery continues
#dyor
1h
4h
#stronghands
December 26, 2020, 11:20:55 AM
So does anyone have any insight as to why hashrate is not chasing this rise?
Are the big miners caught with their pants down?
The factory finally shipped their months old equipment, so they can't keep mining while the gear is on its way? Are the big miners caught with their pants down?
December 26, 2020, 11:18:17 AM
All right.
But...
What about 26000?
Is such a thing even possible?
Just about got to 2600(0) today and that's a good nostalgic number to be proud of if your a kid from the 80's. But...
What about 26000?
Is such a thing even possible?
$25,903 is the new all time high for the next hour because it seems those people who are shopping on boxing day are using crypto to buy up those deals online which is in itself at an all time high too.
December 26, 2020, 11:03:45 AM
All right.
But...
What about 26000?
Is such a thing even possible?
But...
What about 26000?
Is such a thing even possible?
Based on July 2019 30k is possible today
Based on Dec 2017 70-80k is possible today
This is mining profits estimates.
Now in July 2019 the 13k price tanked as it was too good for mining
and in Dec 2017 the 19.9k price tanked as it was too good for mining.
The 25k price is close to being too good for a miner that has gear in hand.
So the question is does the desire from big time investors over ride the excess mining profits.
Maybe it does.
especially if a lot of countries other than Norway start investing into btc to help pension plans.
December 26, 2020, 11:03:09 AM
21k€ reached!
As someone living in Europe I hate the growing gap between USD and EUR. $25.7k is only 21k Euro...
As someone living in Europe I hate the growing gap between USD and EUR. $25.7k is only 21k Euro...
December 26, 2020, 11:02:51 AM
21000,2 Euros observed !
December 26, 2020, 10:56:59 AM
All right.
But...
What about 26000?
Is such a thing even possible?
But...
What about 26000?
Is such a thing even possible?
December 26, 2020, 10:51:21 AM
So does anyone have any insight as to why hashrate is not chasing this rise?
Are the big miners caught with their pants down?
Are the big miners caught with their pants down?
Same thing happened in Sept - Dec 2017..
And in 2018 after BTC price crash gear caught up
Sept 5 2017 diff was .9035 trillion. price was 4616 usd
Dec 16 2017 diff was 1.591 trillion price was 19,900
Oct 12 2018 diff was 7.445t price was 6,400
Diff simply could not catch up and orders for it were back ordered.
December 26, 2020, 10:46:46 AM
Fuck off bots.
Report them and they get nuked fairly swiftly. Thanx mods and/or info.
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