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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 73. (Read 26503323 times)

legendary
Activity: 3892
Merit: 4331
I don't hold any precious metals even though I kind of like the idea, however I don't get silver. It's nice and all but not nearly valuable/rare enough to make sense as a store of value. And of course it's also, for the same reason, impractical. Stashing away some gold coins is easy, including on ones person. Doing the same with silver, that's another story.

Silver is useful in itself so there's that. But in eotwawki terms, how are you going to get change for a can of beans from 1oz of gold?

Silver is Litecoin to gold's Bitcoin Wink

Gold and silver do not behave very bullish rn.
Maybe it is temporary, but all those instruments look frozen in time comparing to the current bitcoin surge.
I never bought physical; dabbled in ETFs a little, but never had patience to hold those long term.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I don't hold any precious metals even though I kind of like the idea, however I don't get silver. It's nice and all but not nearly valuable/rare enough to make sense as a store of value. And of course it's also, for the same reason, impractical. Stashing away some gold coins is easy, including on ones person. Doing the same with silver, that's another story.

Silver is useful in itself so there's that. But in eotwawki terms, how are you going to get change for a can of beans from 1oz of gold?

Silver is Litecoin to gold's Bitcoin Wink
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
jr. member
Activity: 1
Merit: 0
Germany trying to get back the Bitcoin they sold at $50k Grin

pic
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!


You've been right a lot, sir.

And about this too.

It's definitely bat country.

And there's no turning back from here.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
No man's land is gone
I think someone was sleeping
Please go wake him up
#haiku

Kind of nice to make it through no man's land, which ended up seeming to overlap with don't wake me up zone, so surely it took a long-ass time to get through it..

Something like 9 months - enough time to have a baby... maybe we could retrospectively label it as time out to have a baby zone?

So then yeah, a bit of a surprise regarding what would happen after getting through don't wake me up zone, and surely so far there hasn't seemed to have had been too much resistance, and even if there might have had been resistance previously, the spending of so much time in no man's land / don't wake me up zone / time out to have a baby zone may well have affected the extent to which resistance might have gotten somewhat eliminated in this area between $80k-ish and $100k-ish - even though surely we have not made it up to $100k yet and we have not even broken into $90k, yet if we pause around here (might we call it bat country?), there could be some acknowledgement that this might be the last chance to attempt to stop a break through at $100k.  So the bulls might have some incentive to not contribute too much of any kind of a pause around here.. and yeah, I wouldn't know if there are any technical reasons that we really need to pause either here or in the sub $100k arenas at least to bounce into the supra $100ks, yet many of us likely realize that if we have some consolidation around here, then that allows buy pressure to catch up and then it makes it easier to bounce higher in the supra $100ks.



With such momentum We breaching $90K this week.
Just realised that the opportunity to buy Bitcoin less than $70K might have expired

Where's JJG?

Here I am.

It is not like I can post anything more than the usual merely because the BTC price is going up, recking shorts, recking beartwats, recking fencesitters, recking shitcoiners, recking bitcoin naysayers, recking no coiners and low coiners, and perhaps a few other categories of folks who have been failing refusing to buy, selling too much too soon, using leverage to bet down or other ways of betting against king daddy.  I am not getting reckt, even though I did make some adjustments to my orders on the upside and the downside yet I am probably waiting for supra $100k before setting sell orders higher than $150k.. although surely you never know during highly volatile times.

85k looking real tough to break, but its inevitable Smiley
Tough?
Is that a Movie

$85K before JJG returns.

Maybe I should clone myself?  Would that be called a bot?  making a bot of a bot?  what a world, what a world.

I just noticed that you guys are posting too much, too.

How can anyone keep up?

By the way, even historically, I have had several days in which I might not post in the WO thread.  Believe it or not, including during periods of a lot of BTC price moves that can also sometimes contribute towards activities related to purchasing hookers, lambos and blow and other related activities..   Don't you know dat?

Someone has just fat fingered a 30BTC sell making a flash dump from 79 to 75K EUR on Bitstamp (EUR). It immediately recovered.

Weird it dropped 4k with a sell of only 30 Bitcoin. I saw somebody post on another platform earlier today that Bitstamp has low volume these days with barely any liquidity.

I am using Kraken and Coinbase these days. I understand we use Stamp for price reference in the WO but maybe its best days are behind it.

Any way, sitting at $84,953. I really need to firm up my sell plan ahead of the 2025 mania phase.

We do not use the Euro on bitstamp as our reference...

Surely in the past Richy_T had programed chartbuddy with three exchanges, yet I see no way that bitstamp is out of line - and surely any of us likely question Coinbase as a fair reference given its history, even if you remember that in late 2017 it locked up B-cash at a high price and seemed to be intentionally trying to make it appear that bcash was trading at prices 5x higher than the actual market.  Coinbase has other issues too with the various ETFs that the are custodying.. , and I would not be surprised to see them involved in short-term BTC price manipulation attempts.. ..

And, yeah, bitstamp has always had low volume relative to other exchanges, yet I doubt that it really has been very much out of alignment with the representation of overall fair bitcoin prices.. ... but hey there might be instances in which any one exchange could fall out of alignment with other exchanges, yet our ongoing use of Bitstamp as a reference does not prejudice us from comparing other exchanges to verify if there might be some periods in which bitstamp is not aligned with the rest of the exchanges.. and surely these days we do seem to have a lot closer BTC prices across exchanges as compared with some of our earlier times in bitcoinlandia.

You know the new poll is almost out of date. as we are over 85k

Personally, I think that it would be nice to have both a time and date for the price prediction matter.. so that we would know what time of the day we are specifically talking about.
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Bitcoin just flipped silver’s market cap. 

You’re next, Gold!


https://x.com/BTC_Archive/status/1856087702317224049?t=NP1ToJTmp2ItIefAFq8U3Q&s=19

I don't hold any precious metals even though I kind of like the idea, however I don't get silver. It's nice and all but not nearly valuable/rare enough to make sense as a store of value. And of course it's also, for the same reason, impractical. Stashing away some gold coins is easy, including on ones person. Doing the same with silver, that's another story.

Silver is pretty good

But I hit the 1978 run up
This years runup
And one a few years back.

It's easier to buy and small amounts are very unlikely to be fake pieces.

The down side. Size and weight.

I NEVER go past 1000 oz on hand and  1000 oz is large and heavy.

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
hero member
Activity: 2548
Merit: 950
fly or die
Bitcoin just flipped silver’s market cap. 

You’re next, Gold!


https://x.com/BTC_Archive/status/1856087702317224049?t=NP1ToJTmp2ItIefAFq8U3Q&s=19

I don't hold any precious metals even though I kind of like the idea, however I don't get silver. It's nice and all but not nearly valuable/rare enough to make sense as a store of value. And of course it's also, for the same reason, impractical. Stashing away some gold coins is easy, including on ones person. Doing the same with silver, that's another story.
jr. member
Activity: 1
Merit: 0
jr. member
Activity: 58
Merit: 10
I've read it all,you'll are lucky to adopt early,some smart because it takes some level of  commitment not to sell since all this while, what can we the late adoptors say. Anyways we aren't late for the party either,we might not have plenty of time to stack but glad we are part of the family.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Guess I'll have to unplug for a few days more often!
legendary
Activity: 3892
Merit: 4331
What if this bull has legs?  

Probably not, I guess.

Some funds were sitting in cash waiting where the "wind" blows...as some predicted 50K in Harris win vs 90K in Trump's win.
So...they are just moving it to the first announced target.
Once there, the path is unclear (to me).
That said, when anything trades close to 100, it almost always "tries" to reach that 100, therefore, another 11% on the upside should be expected relatively shortly..

MSTR stock price suggests much higher prices for bitcoin, but it is not clear how soon.
MSTR bitcoin is currently valued at $24.47bil, but the market cap of MSTR is $68.899 bil.
Bitcoin would have to go to about 244K in order to match the current MSTR NAV (I did not count the after hours bump).

Look if the world was rational we would have clear sailing until some time in Jan. When and if Trump gets sworn in and attacks btc rather than helps it.

Biden is not going to do anything against btc in Nov or Dec up to Mid Jan 21st to be exact.


SO at worst sideways til Jan 21 and maybe some action Jan 14 to 21 as betting on Trump unleashing cap gains tax cut happens.

In a sane world we look great for 60 days Nov 12 to Jan 14.

Agreed..providing that everything is "quiet" otherwise.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
What if this bull has legs?  

Probably not, I guess.

Some funds were sitting in cash waiting where the "wind" blows...as some predicted 50K in Harris win vs 90K in Trump's win.
So...they are just moving it to the first announced target.
Once there, the path is unclear (to me).
That said, when anything trades close to 100, it almost always "tries" to reach that 100, therefore, another 11% on the upside should be expected relatively shortly..

MSTR stock price suggests much higher prices for bitcoin, but it is not clear how soon.
MSTR bitcoin is currently valued at $24.47bil, but the market cap of MSTR is $68.899 bil.
Bitcoin would have to go to about 244K in order to match the current MSTR NAV (I did not count the after hours bump).

Look if the world was rational we would have clear sailing until some time in Jan. When and if Trump gets sworn in and attacks btc rather than helps it.

Biden is not going to do anything against btc in Nov or Dec up to Mid Jan 21st to be exact.


SO at worst sideways til Jan 21 and maybe some action Jan 14 to 21 as betting on Trump unleashing cap gains tax cut happens.

In a sane world we look great for 60 days Nov 12 to Jan 14.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Well this is pretty special. Congrats brethren. What follows Gentlemen? Is there even a word for it?

asking the important questions

legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 3892
Merit: 4331
What if this bull has legs?  

Probably not, I guess.

Some funds were sitting in cash waiting where the "wind" blows...as some predicted 50K in Harris win vs 90K in Trump's win.
So...they are just moving it to the first announced target.
Once there, the path is unclear (to me).
That said, when anything trades close to 100, it almost always "tries" to reach that 100, therefore, another 11% on the upside should be expected relatively shortly..

MSTR stock price suggests much higher prices for bitcoin, but it is not clear how soon.
MSTR held bitcoin is currently valued at $24.47bil, but the market cap of MSTR is $68.899 bil.
Bitcoin would have to go to about 244K in order to match the current MSTR NAV (I did not count the after hours bump).
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