Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Torque]

Bitcoin above $80K

But... but... you're trying to say I'll be too old for the $100k party? Damn...  

Not at all. Before 2030 comes I'm almost positive we'll see a spike above that.

What I'm talking about is the low, or sideways, price of BTC will float around ~$80K  in ten years. Or higher.

And by that time asset inflation will have been really really bad.

The longer that I have been studying the bitcoin space, the more I have come to consider that both the bottom spikes and the bottom floating arena are amongst the more important factors, rather than the various upward price spikes, and of course, nothing is guaranteed, even while "~$80K  in ten years" as a floor seems to be a relatively conservative bet......  

and yeah, it could be argued that some of us are drinking too much BTC kool-aide, but given the whole way that these matters are playing out, bitcoin remains bullish as fuck.. and surely, hope that many of us (including yours truly) is still alive and well and even feeling powerful enough to witness 2030 and even to enjoy the likely wealth from such passage of events... thinking about it.. a floor BTC price that is more or less 13x greater than our current bouncing around price.

For younger folks, folks just learning about bitcoin, folks with a very limited budget or even folks who fucked up in their bitcoin strategy(ies) in the past (not only mindrust, but others), you should be able to figure out a way to reasonably and prudently profit from this decently likely situation, without going too fucking crazy in terms of a target timeline and not gambling too much with your own finances or psychology, either... and even DCAing a modest amount of $100 per month (or whatever amount that you can reasonably manage without devolving into a mindrust-like meltdown) is going to likely put you in a very fucking good (great) place in 10 years or so.

Well said JJG. DCAing every month or three is a much better strategy that just FOMOing in during every bull run spike.

I mean, even if my conservative prediction of a $80K/btc floor in ten years turned out to be wrong, and it was instead say half of that. $40K+/btc. That's still, what, like 7X higher from here? Tell me what stock or other investment would do that by 2030? I'd be willing to bet none of them. None. Certainly not a corporate-blessed 401K, that's for damn sure.

For fk sake, even if people didn't like or want to own Bitcoin, they should at least be buying some Gold or Silver and hold it long term. But the sheeple aren't even willing to do that much. And then ten more years pass by and they wonder why they feel even poorer (Pssst! It's stagflation, stupid).  

[OutOfMemory]

Worldometers just reported over 12k cases in New York today! See below...
Some idiot lady just walked past me going into a supermarket coughing like crazy!
Maybe Bitcoin could hit 4800$ again soon imho

https://www.worldometers.info/coronavirus/country/us/

Humans are still the biggest threat to the human species.

Mind to share some additional thoughts about that $4800 statement?

For fk sake, even if people didn't like or want to own Bitcoin, they should at least be buying some Gold or Silver and hold it long term. But the sheeple aren't even willing to do that much. And then ten more years pass by and they wonder why they feel even poorer (Pssst! It's stagflation, stupid). 

They are driven into over-consumption (and so into debt) for a reason.
It's an educational problem. If we can get people to be educated well, or self-educate well (for the older generations), they are able to step out of this filthy spending game.
Also nobody but the biggest idiots (minorities) would vote a ***tard like Donald for president.
But nowadays the media is educating people to be selfish little consumer zombies. 

[Hyperjacked]

Worldometers just reported over 12k cases in New York today! See below...
Some idiot lady just walked past me going into a supermarket coughing like crazy!
Maybe Bitcoin could hit 4800$ again soon imho

https://www.worldometers.info/coronavirus/country/us/

Humans are still the biggest threat to the human species.

Mind to share some additional thoughts about that $4800 statement?

The institutions will be a huge piece of the Bitcoin price going forward imho. Some of the wealthiest investors I know live New York and 12,300 New Yorkers just tested positive! I'm sure they don't care about investments right now when they are out looking for toilet paper and cleaning supplies.
It's the tip of the iceberg...

[OutOfMemory]

Worldometers just reported over 12k cases in New York today! See below...
Some idiot lady just walked past me going into a supermarket coughing like crazy!
Maybe Bitcoin could hit 4800$ again soon imho

https://www.worldometers.info/coronavirus/country/us/

Humans are still the biggest threat to the human species.

Mind to share some additional thoughts about that $4800 statement?

The institutions will be a huge piece of the Bitcoin price going forward imho. Some of the wealthiest investors I know live New York and 12,300 New Yorkers just tested positive! I'm sure they don't care about investments right now when they are out looking for toilet paper and cleaning supplies.
It's the tip of the iceberg...

Thanks. Now it makes more sense than that single statement on its own.
As such investor, i'd rather drop a lot of other assets instead of bitcoin, but that's just me (not a big investor).

[JayJuanGee]

We come from here:

JJG https://asktom.cf/index.php?topic=178336.msg54071466#msg54071466

Added the links to each page, I have also added some more.

Bitcoin Podcast

- The Bad crypto podcast https://badcryptopodcast.com/

- Bitcoin & Markets https://bitcoinandmarkets.com/

- Bitcoin echo chamber https://bitcoinechochamber.com/

- The bitcoin knowledge podcast https://www.bitcoin.kn/

- The bitcoin network podcast https://thebitcoinpodcast.com/

- Bitcoinmeister https://player.fm/series/2540016

- Bottomshelf bitcoin https://anchor.fm/bottomshelfbtc

- Citizen Bitcoin https://citizenbitcoin.world/

- Crypto & Grill https://www.listennotes.com/podcasts/crypto-grill-cryptoandgrill-szVfuj_FecH/

- Crypto Cousins https://cryptocousins.com/crypto-cousins-podcast/

- Crypto Voices https://soundcloud.com/cryptovoices

- The Cryptoconomy https://anchor.fm/thecryptoconomy

- Fun With Bitcoin https://anchor.fm/funwithbitcoin

- Noded Bitcoin https://noded.org/

- The pomp https://podcasts.apple.com/us/podcast/the-pomp-podcast/id1434060078

- Pov Crypto https://povcryptopod.libsyn.com/

- Rekt podcast https://www.rektpodcast.com/listen-1

- Stephan Livera https://stephanlivera.com/

- Tales From the Crypt https://talesfromthecrypt.libsyn.com/

- Unchained https://unchainedpodcast.com/

- Unconfirmed https://unconfirmed.libsyn.com/

- World Crypto Network https://podcasts.apple.com/us/podcast/the-world-crypto-network-podcast/id825708806

- Bitcoin Podcast https://www.lopp.net/bitcoin-information/podcasts.html

- Blockdigest https://www.youtube.com/channel/UCb53lXz2IzEFT5JNHSbdvPg/videos

- Cryptoconomy https://twitter.com/TheCryptoconomy

- Messari Crypto Podcasts  https://messari.io/resource/crypto-podcasts

- aantonop  https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ

- CoinDesk Podcast Network https://podcasts.apple.com/us/podcast/late-confirmation-by-coindesk/id1414384043

You can summarize every podacst you hear in a post, we will read it carefully.

The amount of additional work that you did (or seem willing to do) on this topic, VB1001, seems to justify that this could be its own thread that is updated periodically.  I am not sure if such a thread exists on the forum, but it surely is a prolific space and surely if such a thread were to be created, it might become somewhat overwhelming to keep track of not only if the podcast is still currently having new episodes coming out or if it is converting into a shitcoin podcast... hahahaha..

Fair (and reasonable) shitcoin deviance is likely something that varies from perspective, and sometimes even some of the greatest of podcasters might have some deviance that may or may not be tolerant... Recently, I had heard a coupe of the podcasters who had been in the podcast business for nearly three years and hundreds of episodes bantering about why the halvening date keeps changing, and they had been raising that issue in the past few episodes (it was actually the bad crypto podcast), and  I thought holy fucking shit, they don't even seem to know some basic shit that makes bitcoin amazing and that is regarding the re-targeting that takes place every two weeks... but anyhow, my main point is that sometimes very experienced podcasters might not know basic shit (which is even true from me, too, as you can see from my posts, from time to time, I will bring up some shit that I don't even know, and I ask for an explanation, then after someone explains it, then I realize that was some pretty basic shit that I had not even known or considered).

[Biodom]

A temporary tattoo can identify the certifiably fine, and they can spend unemployment doing things that will help. Pay them from the Govt and you have a serious solution to this mess.

Tattoo with the person's SS number and maybe sew a symbol on peoples' clothes. Like a big star to show people that you're a shining star in the darkness.

Completely inappropriate comparison, IMHO.
Intent matters in this case as long as it positive (enabling) and not negative (restricting).
Personally, I would like to know if i had it or not.
If I had it, then behavior and options available should change, apart from having less stress.
Now, the word is going around that it originally started in September and a few people who had nasty "flu" in late 2019 might have had CV instead.

See? So you are saying if you KNEW you are already inmune you would change your behaviour, relax your profilactic measures, and think yourself entitled to don't follow the restrictions, right?

Well, that's why it would be wrong to do that. Yet.

Not really...What i am saying that if someone knew their antibody status then they CAN take a bit more appropriate risk, like going to a grocery shop without much fear of being infected by a sneezing lady/guy nearby. Some can even volunteer for civic services. I am totally not saying that having antibodies would make you a superman partying day and night.

Having more information is almost always better. Regarding timing, I agree that maybe it is not the time, but only because the number of antibody-positive is probably low, although without testing we don't even know if it is a fact.

[JayJuanGee]

A new Day, a new restriction in Italy.

Now it is forbid to move out or your local municipality.

Coronavirus, ban on the movement of people from the municipality where they are "except for proven needs"

https://www.corriere.it/cronache/20_marzo_22/coronavirus-divieto-spostamento-le-persone-comune-cui-si-trovano-af7a9136-6c51-11ea-8403-94d97cb6fb9f.shtml

Italy has now closed every non-essential activity.
You can exit from home only in a 200 m radius, for whatever reason, but work and food shopping.
Many supermarkets have now restricted opening hours, in addition only one person per family can enter the shop.

The only last step to be exactly like China is welders on the house doors.

Huh?  is that true?

There was not welding of doors in china, was there?

[lightfoot]

A temporary tattoo can identify the certifiably fine, and they can spend unemployment doing things that will help. Pay them from the Govt and you have a serious solution to this mess.

Tattoo with the person's SS number and maybe sew a symbol on peoples' clothes. Like a big star to show people that you're a shining star in the darkness.

Well branding would be more permanent and a bit simpler to do. However the guy 2 posts up has a pretty good answer: Not yet.

[jojo69]

Huh?  is that true?

There was not welding of doors in china, was there?

I wasn't there, and "truth" on the internet is a dicey business, but I did see the posts on this and it did look as if they tacked the latch on some buildings.



pro tip, you can't lock anything away from a man with a cordless angle grinder and a thinwheel

[JayJuanGee]

P.S.: Also, it is not more health workers what we need right now. It is fucking ventilators and PPE.

I am not going to deny that there is a decent amount of importance regarding ventilators and PPE... but I am inclined to believe that testing is amongst the most important in order to stop the fucking mass panic and the shutting down of everything.  Fuck that shit.

So, 100x up on various testing methods and production of tests and getting everyone the fuck tested.  Thereafter some folks are going to get a green light... or at least understand what their status is and whether or not they can interact.. and of course, testing is not going to be a one and done thing, but it is likely the path forward towards opening businesses back up and lifting travel/movement restrictions.

[jojo69]

remember

the thing mutates

and there is suggestion that the second round kills you deader than shit

[Arriemoller]

remember

the thing mutates

and there is suggestion that the second round kills you deader than shit

I read that corona viruses are stable and not prone to mutate, unlike the flu.
I don't believe "the second will kill you" rumors, haven't read that in any reputable paper.

[JayJuanGee]

Guys, I'm not at all religious, but I certainly don't appreciate where this is going.
Like, for real? You have to be shitting me.

I prefer to drop dead right now - than to physically mark me in any way, against my will - like sheep.
Do wake the fuck up. It is matter of freedom. This what is really tested.

Peeps like you deserve an implanted chip, so TPTB can unambiguously track your surly lil ass.  


 

[Arriemoller]

If you do drop dead from a second infection the vaccine trials are going to get very interesting.
everyone that has been vaccinated will drop dead when they are exposed to the virus. That's gonna make people keep their distance.

[JayJuanGee]

I bought 0.35 Bitcoin recently when the price hits $3,850

Best decision I ever made, what a profit.  

And YES, Bitcoin was already dead long time ago.

And, you always (and only) bang 10s, too.  


 

Those were mine. I sold them by accident. Please can I have them back. I’ll give you £5 for your trouble.

Yep... I know that it is scary when the price is plunging so damned drastically, but experienced BTC HODLers should be prepared for such wildness, and such wildness in bitcoin is NOT likely to be over any time soon.... actually, seems that the odds for outrageous wildness outweigh the odds for not having outrageous wildness.  That is part of what makes bitcoin such a great investment to the upside is because it is so god damned new that so many peeps do not recognize or appreciate its value, but long time BTC HODLers should know better in terms of both recognizing and appreciating BTC's value, so that either they are buying on dips or at minimum they are not selling on dips. 

Seems that peeps have difficulties learning, even long time BTC HODLers.

[Arriemoller]

I'm going to bed now. I have one of those nice British crime novels I want to finish.
It's "The Chalk Pit" by Elly Griffiths, Book #9 in the Ruth Galloway series if anyone wants to know.
They are quite enjoyable.

https://mysterysequels.com/ruth-galloway-series-in-order/the-chalk-pit

[hodl_2015]

remember
the thing mutates
and there is suggestion that the second round kills you deader than shit

I read that corona viruses are stable and not prone to mutate, unlike the flu.
I don't believe "the second will kill you" rumors, haven't read that in any reputable paper.

It's a single-strand RNA virus. It may be relatively stable, and the mutations may be unlikely to have much effect, but it still mutates quite a lot.

[jojo69]

remember

the thing mutates

and there is suggestion that the second round kills you deader than shit

I read that corona viruses are stable and not prone to mutate, unlike the flu.
I don't believe "the second will kill you" rumors, haven't read that in any reputable paper.

let's hope

I don't know shit, just a monkey with a keyboard here

[bitserve]

P.S.: Also, it is not more health workers what we need right now. It is fucking ventilators and PPE.

I am not going to deny that there is a decent amount of importance regarding ventilators and PPE...

If by "a decent amount of importance" you mean that people is ALREADY dying because there are not enough ventilators and doctors need to triage and decide who gets one and have a (good) chance to live and who doesn't and just dies from asfixia. Then yes... there is a decent amount of importance regarding ventilators.

but I am inclined to believe that testing is amongst the most important in order to stop the fucking mass panic and the shutting down of everything.  Fuck that shit.

So, 100x up on various testing methods and production of tests and getting everyone the fuck tested.  Thereafter some folks are going to get a green light... or at least understand what their status is and whether or not they can interact.. and of course, testing is not going to be a one and done thing, but it is likely the path forward towards opening businesses back up and lifting travel/movement restrictions.

Not yet. First get things under control. Do you know what is another reason almost all activity has been shut down? Because as soon as the hospital are kept at maximum capacity you can't "afford" to have any kind of accident that requires medical attention, ie: a car crash, a construction work accident, etc.... So you better avoid that.

We don't know how many people is infected (probably one or two orders of magnitude more than current figures)... but just knowing there are way more than we can cope with should probably enough information. The figure we can rely on is occupation of ICU beds and, more difficult to inmediately "create" new ones, ventilators... and we have already run out of them. That's the problem that needs to be solved.

Until then, this thing is way bigger than being infected or not... most people will eventually be and that is not such a big deal but, right now, even inmune people (if there is such a thing) can't have access to health care if they need it. You better don't get ill now or you might be fucked.

Depending on where you live YMMV. But things are quickly changing EVERYWHERE day after day.

[xhomerx10]

A new Day, a new restriction in Italy.

Now it is forbid to move out or your local municipality.

Coronavirus, ban on the movement of people from the municipality where they are "except for proven needs"

https://www.corriere.it/cronache/20_marzo_22/coronavirus-divieto-spostamento-le-persone-comune-cui-si-trovano-af7a9136-6c51-11ea-8403-94d97cb6fb9f.shtml

Italy has now closed every non-essential activity.
You can exit from home only in a 200 m radius, for whatever reason, but work and food shopping.
Many supermarkets have now restricted opening hours, in addition only one person per family can enter the shop.

The only last step to be exactly like China is welders on the house doors.

Huh?  is that true?

There was not welding of doors in china, was there?

 It was going on but we'll never know how widespread it may or may not have been.

https://youtu.be/XJTDeh88hww