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

[d_eddie]

Deep in our own shit
Pointing at a whining noob?
Post just one more meme...!









#haiku

[Popkon6]

12-Year-Old’s Lost Video Has Resurfaced, Discussing Bitcoin at $8 and the Power of Peer-to-Peer Transactions
In 2011, a 12-year-old named Tom recorded a YouTube video explaining Bitcoin, then trading at a mere $8. He described it as a “peer-to-peer virtual currency,” a concept that was still obscure to most. With remarkable clarity, Tom outlined Bitcoin’s decentralized nature, how it allowed transactions without a central authority, and even speculated—perhaps cynically—that governments might eventually try to shut it down

https://circleid.com/posts/12-year-old-lost-video-has-resurfaced-discussing-bitcoin-at-8-dollars-peer-to-peer-transactions

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

12-Year-Old’s Lost Video Has Resurfaced, Discussing Bitcoin at $8 and the Power of Peer-to-Peer Transactions
In 2011, a 12-year-old named Tom recorded a YouTube video explaining Bitcoin, then trading at a mere $8. He described it as a “peer-to-peer virtual currency,” a concept that was still obscure to most. With remarkable clarity, Tom outlined Bitcoin’s decentralized nature, how it allowed transactions without a central authority, and even speculated—perhaps cynically—that governments might eventually try to shut it down

https://circleid.com/posts/12-year-old-lost-video-has-resurfaced-discussing-bitcoin-at-8-dollars-peer-to-peer-transactions

the early days of Bitcoin! It’s incredible how a simple concept, explained so clearly by a young mind, can connect with so many of us today. Tom’s insights back in 2011 highlight how ahead of the curve he was, recognizing the potential of decentralized currencies long before they became mainstream.It’s a reminder of how far we’ve come since those $8 days, and it’s interesting to think about how the cryptocurrency landscape has evolved. The foresight he demonstrated about governments potentially trying to regulate or shut down cryptocurrencies is certainly something many of us still reflect .

Insight? The precocious boy just read aloud some article from the internet.
It's not much, but it is not nothing...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Distinctin]

Just chillin right now watching bitcoin dump temporarily!   

[JayJuanGee]

I hope this helps, but I am not predicting $1.9 mil  

Thanks for clarifying what you are not predicting.

Dislike dips as usual

You just need to buy them, than you like them.
Who knows where is the bottom
Who knows if previous supports will hold
If you find yourself in panic you might have a opportunity to buy now!

I agree that buying dips can help to cheer up the HODLers, but dips still are not anything to cheer about.

I usually like the dips the most after they are over, yet while they are happening, it can be difficult to determine how soon that they might be over (if ever?).  So dips don't tend to be lots of fun, at least not for this notbot guy.

So far, it looks like 2017-peak early in the year, then decline...in 2017 it was into March 25 (albeit the most rapid decline of about 33.9% was from Jan 4 to Jan 13, then up and down)...about 21.7% for the duration of the whole period, including intraday. Again, there was a quick initial spike down that occurred in less than 10 days.
21.7% from 109K is about 85.3K.

In 2017 (btw, also a first year of T. presidency #1), after that dip/flat we were on to the races for a slightly more than 20X into Dec 17.

I hope this helps, but I am not predicting $1.9 mil  

Weird, to me it looks exactly like 2013. In 2017 we had two premature tops almost ATH level whereas in 2013 it was steady growth and then parabolic moonshot to ATH. I hope similar scenario is going to happen this year. So, next leg to 120-130, then, perhaps another one to 150 eventually, then a final run into 200-250 area. Just my 2c. 

Your memory seems fucked @serveria.

Even though I ONLY got started at the end of 2013, we could verify with a fairly simple chart and see that the two peeks in 2013 were quite extreme.  So you seem to be characterizing 2013 and 2017 in opposite ways from reality.  2017 had more of a gradual slope through the whole year without two peaks (but several violent quickie dips along the way).  Edit.. O.k.  I see Biodom already responded to this.

In regards to preferences, I am not sure it matters so much whatever I would prefer - since dee cornz are going to do what they are going to do, yet I would still imagine that the overall price slope for 2025 is going to be trending  UPpity.. but the intensity of the slope or the magnitude of the uppity distance remains really difficult to know with any level of confidence and then whether such uppity slope might be able to last beyond the calendar year of 2025 is hard to know, too.  I am not saying that BTC has to stay in its previous pattern, yet I have some difficulties negating the possibility of some kind of over-exuberance that results in a blow off top, and so the logical outgrowth of an over exuberant blow off top seems to be some kind of period of correction that may well ONLY be somewhat proportional to how violent the blow off top ended up being (if at all?).

As far as our current downity goes.. how can we know when it is over?  Maybe what tomorrow's markets do could give a sign, and sometimes an outrageous downity spike can also sometimes play out as a sign that the downity might be over.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

just got some at 96298


and some at 95870

[Hhampuz]

mmmmmm, I love trade wars

[bestcandy]

I hope this helps, but I am not predicting $1.9 mil  

Thanks for clarifying what you are not predicting.

Dislike dips as usual

You just need to buy them, than you like them.
Who knows where is the bottom
Who knows if previous supports will hold
If you find yourself in panic you might have a opportunity to buy now!

I agree that buying dips can help to cheer up the HODLers, but dips still are not anything to cheer about.

I usually like the dips the most after they are over, yet while they are happening, it can be difficult to determine how soon that they might be over (if ever?).  So dips don't tend to be lots of fun, at least not for this notbot guy.

So far, it looks like 2017-peak early in the year, then decline...in 2017 it was into March 25 (albeit the most rapid decline of about 33.9% was from Jan 4 to Jan 13, then up and down)...about 21.7% for the duration of the whole period, including intraday. Again, there was a quick initial spike down that occurred in less than 10 days.
21.7% from 109K is about 85.3K.

In 2017 (btw, also a first year of T. presidency #1), after that dip/flat we were on to the races for a slightly more than 20X into Dec 17.

I hope this helps, but I am not predicting $1.9 mil  

Weird, to me it looks exactly like 2013. In 2017 we had two premature tops almost ATH level whereas in 2013 it was steady growth and then parabolic moonshot to ATH. I hope similar scenario is going to happen this year. So, next leg to 120-130, then, perhaps another one to 150 eventually, then a final run into 200-250 area. Just my 2c. 

Your memory seems fucked @serveria.

Even though I ONLY got started at the end of 2013, we could verify with a fairly simple chart and see that the two peeks in 2013 were quite extreme.  So you seem to be characterizing 2013 and 2017 in opposite ways from reality.  2017 had more of a gradual slope through the whole year without two peaks (but several violent quickie dips along the way).  Edit.. O.k.  I see Biodom already responded to this.

In regards to preferences, I am not sure it matters so much whatever I would prefer - since dee cornz are going to do what they are going to do, yet I would still imagine that the overall price slope for 2025 is going to be trending  UPpity.. but the intensity of the slope or the magnitude of the uppity distance remains really difficult to know with any level of confidence and then whether such uppity slope might be able to last beyond the calendar year of 2025 is hard to know, too.  I am not saying that BTC has to stay in its previous pattern, yet I have some difficulties negating the possibility of some kind of over-exuberance that results in a blow off top, and so the logical outgrowth of an over exuberant blow off top seems to be some kind of period of correction that may well ONLY be somewhat proportional to how violent the blow off top ended up being (if at all?).

As far as our current downity goes.. how can we know when it is over?  Maybe what tomorrow's markets do could give a sign, and sometimes an outrageous downity spike can also sometimes play out as a sign that the downity might be over.

Buying Bitcoin in dip is a good investment opportunity but there can never be a  minimum expected dip to buy. Although, dip is normal thing that is certain to happen but the current dip may likely pose threat to investors because it comes at a time when we were optimistic to experience more bullish but irrespective of that I still have more confidence that there will be bullish within a little time and as such buying now is a very good investment decision.

[philipma1957]

mmmmmm, I love trade wars

got 94444
got 93333

how low do we go?

got

92222

[aesma]

Feeling poor right now !

I have money in the markets, if I sold for security, then surely I would buy some corn. I don't get people losing on one thing and dumping another unrelated thing (BTC).

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hhampuz]

got 94444
got 93333

how low do we go?

got

92222

$77,777

[DaRude]

mmmmmm, I love trade wars

meh, it should become easier on the next one

[philipma1957]

i got some at 91234

looks like it is bouncing back

[goldkingcoiner]

Do we start foraging for acorns again? I stacked some more sats at 93.5K

~7% off fire-sale on 100k Bitcorns. yay

Thanks to Trump for the Tariffs FUD.

[philipma1957]

Do we start foraging for acorns again? I stacked some more sats at 93.5K

~7% off fire-sale on 100k Bitcorns. yay

Thanks to Trump for the Tariffs FUD.

I laddered all the way down to 91234


but I likely averaged the same 93.5

first buy today was 96,555 all the way down.

just missed the low of 91220 as my lowest buy was 91234

still selling gear on ebay to make sure I have plenty of powder to convert to corn

[nutildah]