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

[OutOfMemory]

OK, this will sound weird, but...

Am I the only one who sees the price dropping and doesn't worry at all? The devil inside me even enjoys it (a little bit) when I read the posts of others worrying. Am I evil? Maybe. But why do I do this? Because I know where we'll be in a few months' time. We'll all be laughing by then, when BTC hits new ATHs and beyond.

In other news, my newbie coiner cousin proves to be a true HoDLer. Y'day I emailed him telling him not to worry about the dip and to not sell his newly bought 0.1 BTC (bought @ $58k). He replied saying "don't worry about it, I see the dip and will raise you by buying moar!" WTF? Is he a poker player and I didn't know? That's the spirit.

Don't worry WOers. Don't act like weaklings. We don't need no freaking musky husky tweets to push us upwards. The network will take care of itself, and if it doesn't, it's the network's weakness. There will always be Musks and Chinas. What's needed is not for them to disappear (they won't), but for the network to be able to deal with them (and it is).

End of 2021: $80k-$100k

Do what you must. I ain't sellin' a single sat.

Hey, you/me/we can't change what's happening, so why bother?
One can only damn his own decision to not have sold near the last ATH, but that's about it. Also, as always: Hodlers not affected, while honey badger is doing its tang  
For my experience, it's a very own kind of feeling i experience while observing these drops, something like in between fascination and a sense of drama, combined with the strong, implicit wish or hope for a rebound kicking in every other second. Thrilling.
As for buying, i seem to buy too early about 80% of the times. In the end, all my stats turned positive, so there is some solid amount of faith and trust underneath the fragile emotions on top.

Funny fact: Again, i was on the road all day, my smartphone's battery draining in the morning, no usb-c cable available anywhere i went, on the day i considered selling a bit of my smaller, "variable" stash, mainly used for life's expenses, for paying material bills and/or re-buying lower. Then i came home and saw the drop. Need a different plan now...  

[El duderino_]

Indeed. I sold a little in the upper 50's to pay for some projects but why sell otherwise? I mean do you really want a big stack of fiat cluttering up your room, losing value by the day? Blah....

Will merit later, thinking exactly the same, if there is real use case for the exchanged btc, which will only be exchanged at high fiat values and really needed, then I do so if not.... I have enough income etc to rollercoast years and years of needed, all property and fun stuff (cars,bikes, etc) payed.... so not in need for big pile of FIAT, but in need for a big stash of corn and that last... is what I always will be in need of

[El duderino_]

Btw, today I have been proven that the world is a beautiful place and that there are people with a golden meh better then gold a Bitcoin heart....

Today was a beautiful day.

I hope more in here can enjoy the feeling.

Btw have a good weekend brothers and sisters.

[luckygenough56]

Remember someone is trying to steal your bitcoins and they are putting all their efforts to get the lowest price.

I don't usually buy this line when we're going down but this time, I'm fairly confident it's what's happening.

it's nice and all that good faith and self-reassuring but a lot of efforts ? Man they just have to dump a tiny fraction of bitcoins on the leading exchange for all the others to follow. The only reason it's not going to 0 is because it's not what they want, they need bitcoin to make moar money and can't sell all their stacks if they sell everything in one move, because you know volume is still laughable after all these years.

Am not even FUDing it's facts.

That being said i wish all to be alive to see the 100k before the covid variant on steroids pops

[ChartBuddy]

Explanation

[OutOfMemory]

I have to go do some errands, can you please behave while I'm gone.

Of course NOT!
I got a nocoiner story to share, but i'm on the run myself atm.

EDIT:
And Chartbuddy... Can't he open a thread for his bot-posts and further discussion, if complying with tha rulz (or negotiate to be allowed to botpost in his own thread with theymos or board mod of the parent section)?

I'm not really annoyed by the bot-posts, but i can understand Arrie as well.
And yeah: Bring the poll!

answers suggested:
1. yes
2. no, it's spam!
3. idc
4. yes, but not here on WO

With a selection like this interpretation rules must be clear.  That is like a poll with 1 yes and potentially 4 "no"s.  I would suggest something like:

Yes - For it
No - It's spam
Yes - Though I don't really care
No - Though I don't really care
No - Use another thread

And frankly we would not need to have all those options.  In a ways the very best/purest would be:

Yes
No

And people discuss nuance in messages. Either of the other two ways give a bit of an advantage to the "no" vote(s).

Correct!
I was posting in a hurry but you fine-tuned my lazy suggestions, thanks.
And yes, when thinking over all those options a clear "binary" approach with detailed discussion would be best, imho.

[bitcoinPsycho]

Welcome back mindrust thought you'd left this thread for good 

[Paashaas]

They really want to tank the price even further isn't it?

[shahzadafzal]

I have to go do some errands, can you please behave while I'm gone.

Of course NOT!
I got a nocoiner story to share, but i'm on the run myself atm.

EDIT:
And Chartbuddy... Can't he open a thread for his bot-posts and further discussion, if complying with tha rulz (or negotiate to be allowed to botpost in his own thread with theymos or board mod of the parent section)?

I'm not really annoyed by the bot-posts, but i can understand Arrie as well.
And yeah: Bring the poll!

answers suggested:
1. yes
2. no, it's spam!
3. idc
4. yes, but not here on WO

With a selection like this interpretation rules must be clear.  That is like a poll with 1 yes and potentially 4 "no"s.  I would suggest something like:

Yes - For it
No - It's spam
Yes - Though I don't really care
No - Though I don't really care
No - Use another thread

And frankly we would not need to have all those options.  In a ways the very best/purest would be:

Yes
No

And people discuss nuance in messages. Either of the other two ways give a bit of an advantage to the "no" vote(s).

Correct!
I was posting in a hurry but you fine-tuned my lazy suggestions, thanks.
And yes, when thinking over all those options a clear "binary" approach with detailed discussion would be best, imho.

Well not a spam specially on WO but I guess question could be asked do we need it hourly?

[LFC_Bitcoin]

You’re not getting my coins cheap China, fuck off.

Shame on any of you who panic sell now.

[Paashaas]

They really want to tank the price even further isn't it?

I don't for a second buy these "4chan leaks" but this is going to be a self fulfilling thing with a these people panicking there is about to be a massive dump will lead to a bunch dumping.

Me neither, they try it in the weekends with low volume hoping to tank it back to sub $30k.

Perhaps they will succeed.

[luckygenough56]

on the bright side they need to create massive bubbles to dump their stacks so it's all good if you think about it

am gonna stop spreading my opinions i don't want to lower your spirit you brave hodlers and gentlemen

am gonna only speak about trivial things from now on, everybody needs a good laugh

[El duderino_]

They really want to tank the price even further isn't it?

I don't for a second buy these "4chan leaks" but this is going to be a self fulfilling thing with a these people panicking there is about to be a massive dump will lead to a bunch dumping.

Me neither, they try it in the weekends with low volume hoping to tank it back to sub $30k.

Perhaps they will succceed.

Maybe they’ll get smashed and pumped out instead ....

[luckygenough56]

Even if we're entering a bear market, historically bitcoin recovers to 80% ish of its all time high before dropping again so we should at least see 50k soon even if briefly unless the pattern changes or if someone puts a contract on Elon's head

shite i can't stop  

that was the last i swear  

[JayJuanGee]

Catch-up


Explanation

I'm thinking this might be the way to do things with the posts. If nobody posts, CB just adds to his previous post (though it would be nice if the forum did this kind of thing automatically). It would still be more than some would like but it would help to prevent "wall of ChartBuddy"s during slow periods.

 

ONLY one person complained about chart buddy.. so seems that the overwhelmingly majority of us (essentially every single body) no do not care if there happen to get posted walls of chartbuddy(ies).

[Richy_T]

Well not a spam specially on WO but I guess question could be asked do we need it hourly?

Probably not. But how is Chartbuddy to know what is considered interesting? Bear in mind that this is the wall observer thread and not the price observer* thread (though you might be forgiven for not knowing that these days) and that anything older than an hour is already stale news.

*And as others have suggested, if you want price history, sites like bitcoinity already provide that well.

[Paashaas]

Oh dear..


https://twitter.com/WorldCryptoNet/status/495715681132765184

[lightfoot]

That should help bitcoin a lot. Why would anyone want to hold a currency like the Ruble, get rid of it ASAP and put it in bitcoin.

[vapourminer]

Just filling one of these out guys

yeah great but what do i put in that "address" box, 3rd box from the left under the 4th street bridge doesnt really come across well.

[Sayeds56]

Catch-up


Explanation

I'm thinking this might be the way to do things with the posts. If nobody posts, CB just adds to his previous post (though it would be nice if the forum did this kind of thing automatically). It would still be more than some would like but it would help to prevent "wall of ChartBuddy"s during slow periods.

 

ONLY one person complained about chart buddy.. so seems that the overwhelmingly majority of us (essentially every single body) no do not care if there happen to get posted walls of chartbuddy(ies).