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

[Syke]

To your point, the portfolio that has been prepared for me is quite diverse and (relatively) safe; one of the reasons I'm not hesitating on my Q1 workforce exit. The peeps that prepared it for me are seasoned pros.

Sounds like you'll be able to live *comfortably* just off the interest alone.

[1675891949]

1675891949

[svdleer]

Only 11K bitcoin sell wall to knock down before hitting 19K again 

thats about 147M US Dollar

[OWZ1337]

Congrats, BobLawblaw. Well deserved. Now stop putting yourself at risk by flaunting it  (:

Also, if your profile age is your real age, that seems about the perfect age to retire. If you're much older and retire, it's hardly different from regular retiring, if you're much younger, it somehow feels wrong to me, like you're dropping out too early.

"retire" in crypto = moves outta moms' house   weee

[Last of the V8s]

https://twitter.com/twitter/statuses/956575006380638208
guess people change...

[jojo69]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

[cmacwuz]

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

[bones261]

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

You will need to earn two merits in order to be able to reward 1 merit back. (Since you are a newbie, you didn't get any merits to reward other people.) I'll give you two. Then you can give one to someone else.

[Toxic2040]

it's got me thinking

Stop that...stop that right now!

[Ludwig Von]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

Did he go happy? Condolence anyway. And yes unfortunately there is that Keynes quote... .

[Last of the V8s]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

A sad business.
Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

[FractalUniverse]

Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

You bet. now when banks own 20% of all gold, it will likely be pumped. r0ach will be happy.. (really)?

[J. Cooper]

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

I've also got a long road ahead of me before I can start consider retirement (I would be kind of taking the piss at life if I were to retire tomorrow at my current age  ). But hey maybe when someone finally decides to slap that bulls a** those dreams will come a lil closer.

[Torque]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

Sorry to hear that man. Yes, have a plan to enjoy some of life along the way, because you never know. But also don't give up too early either.

A sad business.
Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

Funny, I was just thinking the same thing when I held one of my 1 oz. gold coins the other day. $1350 for this little piece of metal? Crazy.

I also stack some silver as well. I wouldn't be surprised to see $400/oz. silver in my lifetime.

[explorer]

I have a long established history with my financial institutions.

quick guide to getting rich

step 1>  be rich

To make a small fortune, one usually begins with a large fortune.

[explorer]

https://twitter.com/twitter/statuses/956575006380638208
guess people change...

That was up on youtube the other day.  Pretty hilarious editing.

[JayJuanGee]

These bulls bro?

GET OUT OF MY MIIINNNDDDD !!!

EDIT: To be honest, as others have alluded, I'm really starting to stress out, and will be "glad when it's over"

Exhibit A: That's a lot of money to have out there "in play". Makes me real nervous. I apologize in advance for coming off as bragging. Just trying to "keep it real" with you folk.



EDIT2: And yes, IRS, you fine folk are getting a check for just south of $1M end of Q1.

Well, Yeah, if you account is currently valued in around the $1.5million arena, then it would have been valued closed to 2x that in mid December when BTC peaked at $19,666.

Even if you have a lot of bitcoin, you are definitely exhibiting the characteristics of a weak hand to be placing so much emphasis on changes in the dollar value - and hopefully, you can figure out a system in the future that will help you to be less concerned about these kinds of "normal" ups and downs.

Many of us, largely HODLers are in the same boat, even though the actual raw numbers are going to vary, depending on how many coins we are HODLing.  Actually, thinking about this in terms of percentage is much more healthy, but if the actual numbers get to you, then you need to cash out a bit more in order to be less attached to the changes in value... through more or less normal price movements.

[yefi]

Haha, yeah - just hit the 'potential legendary zone' in the last couple of weeks - I guess it makes it more of a challenge LOL

Seriously though, I do think it sucks.

[somac.]

Looking at the charts, it looks as though the bitcoin drop is slowing down and heading somewhat sideways. On the 30min chart a symmetrical triangle is clearly visible. For those that follow Masterluc, he has stated that anything below 10k is a buy and that after the recent low of 9200 we will see a few weeks of consolidation before a move up.

He does also mention an absolute bottom of 7700 though, which I think means that if the price were to penetrate this bottom we would be in a bear market.

If he is right about the few week consolidation period, I believe a break of this symmetrical triangle will indicate a end to this current correction. I would say that if it breaks up happy days but if it breaks down, we might be headed to that 7700. What are other peoples thoughts?

Fundamentally, I think the demand is still there, probably a kind of cash on the sidelines thing. Everyone is just waiting for the price to confirm either the bull or bear market. I put a lot of faith in Masterluc, he has proven his technical analysis skills many times in the past.

[Last of the V8s]

Hmm coincidence. Another 'sabbatical'-taker.
@CarlosMatos80 https://twitter.com/CarlosMatos80/status/956661760328654848
23h23 hours ago

1) The Reason For My Hiatus Is To Take Time Off From Everything. To Meditate And Reflect On Everything. I Am A Positive Person

Very Immature People Have Been Shouting 'Bitconnect' At My Face Even In Singapore and HK On The Street and Once Through A Taxi Window

[jojo69]

Hmm coincidence. Another 'sabbatical'-taker.
@CarlosMatos80 https://twitter.com/CarlosMatos80/status/956661760328654848
23h23 hours ago

1) The Reason For My Hiatus Is To Take Time Off From Everything. To Meditate And Reflect On Everything. I Am A Positive Person

Very Immature People Have Been Shouting 'Bitconnect' At My Face Even In Singapore and HK On The Street and Once Through A Taxi Window

oh...that's rich...poor guy