Let's recapitulate:
The massive sellwalls, as intimidating as they might appear, help to keep the price down, which is not the worst thing pre-Halving, because it makes Bitcoin look more attractive, price wise. On the other hand, drying up OTC markets will do us an additional favor later in the cycle.
Blackrock (and co.) is aware of and trying to delay the unavoidable supply shock. This is fine, because it will come anyway.
If only the mt.gox coins were already released, to take away future uncertainties, but i watched the wallet tracker yesterday and there was null of movement, so the recent twatter news (currently known as "X") about payouts, even double payouts must have been fake.

Watching the chart of BTC distribution chilled my concerns instantly, 10 millions of BTC in private hands, the ETF hyenas are currently running for their lives.
Now isn't that really sweet?  


EDIT: It's just useless to look too negatively at things that cannot be changed. Embrace.

Maybe it's just me, being overly positive today, because my new astro-camera arrived today.

Breaking: Another new Satoshi Nakamoto just revealed himself:

https://bitcointalk.org/index.php?topic=5484211.msg63770590#msg63770590

Certainly not.
When reading WatChe's explanation i remembered when i was offering my brother in law 0.2 BTC for roofing (i wanted to help his poor heroin-addicted ass), i think the price was pretty low, not much after the mindrust-event, when he replied "BTC will never go over $10k again" and refused, while he happily took the equivalent amount in fiat money. Well, months later, at a very similar stage of last cycle, i still had the 0.2 BTC, sold them with another 0.4 BTC which i had invested in the early bull phase ($9k to $25k-ish it was from in to out, rougly), which were destined to help financing the house extension, because Covid drove up the material prices (only by about 2x so far, lucky me).
However, i was aware that selling this early wasn't the way to accumulate more BTC, but it was helping to raise the value of our home (in case we have to sell our home some day, to leave the EU) and increased the overall quality of life at home.
I wouldn't do anything different if i had a second chance, though.

(EDIT: I mixed up the numbers a lil bit, beacuse i remember i got out more than 0.6x$25k, when revisiting the chart i must have sold at $38-$42k/BTC in 2021)

But, yeah, JJG, it is what it is: A tradeoff (in various ways i won't cover explicitly).

In the case of WatChe, i can just congratulate him that he doesn't put the fiat from his sale into more or less useless, needless things and/or services, while keeping the BTC would have been a little better (in future hindsight, practically), but don't forget: YOLO.

@WatChe: Take care for proper cooling (airflow! for better performance) and spacing (for repair issues) around the panels. And electric security. A burning roof is not a good roof We're speaking several hundreds of Volts with a good Amperage.


Sweeeeeeet  

Is it just me or are these sellwalls quite high atm?

*Sigh*
Where are the good old times of holding PgUp/PgDn... 

Sorry, but EXPhorizon won't answer, i fear.
The Cuntonian is banned, Roach is missing (not really missed, though)...

EDIT: I misread your answer, but you get the idea?

THIS is trolling, but you know that, Phil  

EDIT: I'm just asking myself which is the number of the longest page on WO. (Line count at Full HD resolution - 1920px width)

While many of the wall's building blocks were quotes...
But still, even mass-texters like Nullius would be impressed.

EDIT: Welcome back, Gyrsur 

Artificial racism?
You white-font-on-black-background interfaces really piss me off, too  
Take that, Gigger!

ChatGPT obviously doesn't look at realtime charts. OpenAI, UPDATE your product ASAP!!!

EDIT: I conclude: Hands off AI-based trading tools & advice!

Pretty steep recovery. I wonder what's going to happen at the top (ATH).
But at this pace it should be easy to push through. At least easier than yesterday.
This smells like real pre-Halving FOMO. Sweet!

I also had a glance over current MSM news and i only came across articles about breaking the ATH, not a single word about the correction.
Aside of that, as usual: Risky, volatile, backed by nothing, Satoshi Nakamoto, ETFs vs. SEC.... blah, blah.

Looking at the charts, people seem to continue to buy. If i were a bear, i would start hibernating through 2024.

EDIT: Got Bitcoin-earrings made of wood in my mind today. Need to make veneers first. Olive, Ebony and Redwood are on my list. We'll see how this turns out.

In fact, hodling is max easy. You do nothing in the face of anything.
No fear, no panic, no decisions to meet.
Go figure.

EDIT: Problems start after you decide to sell. Questions arise: When? How much? Where? As long as you buy&hodl everything becomes a no-brainer.

Just happened to request account deletion at an EU regulated exchange service, which they followed after a short Email reply.
I was informed that they will keep my data in an encrypted database for 10 years because of various laws demanding to keep records of business data.
However, i registered to this exchange service as a beginner in 2017, just to find out that they charge you the amount of fiat for the coins you wanted to buy by the time they receive your SEPA payment on their bank account. I found this useless and embarassing for dealing with Bitcoin at its given volatility and never used the service for any transaction, settled with a less known broker service where you pay the "now" price and get the coins after they got your money.

Pretty fucked up, because their duty to have detailed business data ready over the course of 10 years directly interferes with "the right to be forgotten" of EU GDPR Art. 17 & 19  
Well in this case, you are forgotten after 10 years. How messed up is that?!

As of the correction of the overheated BTC market, zooming out is the way to go and make things look more positive again.
If i would have had access to the part of my coins on exchanges, i would have sold a small amount to get in at $5k lower or so, but i was away and i do not do anything Bitcoin related from my smartphone other than price checking and WO reading. Sucks a wee bit, but i'm not really grumpy about it.

EDIT: Checking my stats i'm still up 10% since a week, 45% since a month. Pretty good in the face of another Bitcoin death 

Sorry, but i was wrong. The correct date is 10th of March. I don't know why i was under assumption that today was 03/09.
Anyway, just wanted to put this straight, trying not to look like a complete idiot 

Hi Boys 

Boys?

Why is it so quiet in these here parts???

What?

Bitcoin Funeral?!

again?   

Oh boy... 

Necklace tag in the making:



was about time  

EDIT: exotic hardwood (don't remember which one, but it tastes awfully bitter, don't ask how i know...), sanded, shellac finish, polished, laser engraved.

That's one of the most fascinating facts about Bitcoin, it goes up forever despite dying hundreds of times. They could call it "Deadcoin" as well...

In case you didn't notice, tomorrow it's D-Day for Blackrock's first Shitcoin Spot ETF at the SEC.
When i watch the BTC/ETH creeping upwards slowly, i guess some speculative folks are trying to get a share of ETH from part of their BTC in anticipation of a stronger move, following whichever statement from the SEC. If the SEC decides against the ETF, which i think is quite likely, those people will lose quite some amount of their BTC stack, when Ether goes down after the (imo, good) news. Some will be waiting for a sell-the-news event in case of positive confirmation etc. you know the story.

It's very OK if we enter the infamous pre-Halving correction today.
In the end, it's a ripple in the ocean when zooming out.
Last not least, King Daddy doesn't care  

Have a nice day, regardless of numbers (don't let them dictate your wellbeing). I have to service the old milling machine to produce some exclusive hardwood earrings for some of the woke community.

EDIT: I will as well look at the charts as much as possible 

 


I didn't expect to break ATH so easily. Think of all those Losers crying "I didn't manage to sell the top!", (EDIT: In 2021) they set their sells around ATH to compensate for their "losses".
Sells are losses anyway, from a Hodler's perspective.

#GM