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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25437782 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
philipma1957
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May 16, 2021, 08:43:03 PM

Elon must be on a rampage because i only see on Twitter: tweet not available.

Mr Elon Musk is acting as a nail in the coffin for bitcoin at the moment.  Angry

the price is $45k USD. over twice the 2017 ATH.

and peeps here are annoyed, moaning and pissed?? wtf where has the OG gone. we should be toasting the 30% off sale not complaining about the words from a twitter account.

whats with all the new whiners anyway. folks just sit back, relax and enjoy the ride. the moments of sheer terror are relative anyway; its just part of the ride. learn to enjoy them.



buying dip again
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marcus_of_augustus
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May 16, 2021, 08:43:25 PM

What are you guys complaining about? He is giving us a chance to buy some cheap coin?

... who's complaining? Grin Grin

... this is the best drama queen pile-on we've had since Jihan " fuck your mother if you want fuck" Wu

... Mike Hearn, Andresen, Wright, Ver, Jihan Wu ... each one who thought they were bigger than bitcoin has flounced out in rage-quits of indomitable style ... Musk's is shaping up to be epic

http://m.futuresmag.com/2021/01/27/co-founder-bitmain-resigns-ceo-and-chairman
UnDerDoG81
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May 16, 2021, 08:48:46 PM
Merited by LoyceV (5), ivomm (1)

What yall expect? That a billionaire will turn against his billionaire friends and destroy the fiat system that made em rich? He is a retard troll just like his friends, who gives no shit about 99.9999% of the world population while playing the world safer. One of em wants to vaxx all the people in the world and soon he really made it, bringing him up to #1 on the list of the richest. Of course we know, there are way more rich people who actually run the world. But they sitting in the shadows while they leave the stage for narcist retards like Musk, Gates, Bezos etc.

These times will pass. We gone through worse. Remember China "banning" Bitcoin every damn weekend in 2017?
shahzadafzal
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May 16, 2021, 08:57:54 PM

You guys remember recently someone created a bot that will buy BTC every time Elon Musk tweets about Bitcoin? Yes this is the best time to use it... Just add some delay of 5 minutes and it’s guaranteed to buy you cheap bitcoins.
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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May 16, 2021, 09:00:54 PM

Last quarter Tesla sold more than $500 million worth of carbon credits.
~
Enter Bitcoin miners, Elon Musk trashes Bitcoin for its energy use, at the same time promoting Dogshitcoin, helping Bitcoin price to fall. Then offers to solve the problem by offering to sell Bitcoin miners the spare carbon credits.
Wait, did he really try to sell carbon credits to Bitcoin miners?

If Tesla gets paid to sell carbon credits, doesn't that make them liable for the actual emission?
Let's see how much carbon credit costs: Opisnet:
Quote
The auction settled at $17.80/mt
Let's assume this is a reasonable estimate for the price. If Tesla sold more than half a billion dollars worth of credits, that means Tesla "covered" 28 million tonnes of emissions in just 3 months. Tesla only sold 185,000 cars during this time. Does that mean they can sell 150 tonnes of carbon credits for each car they sell? Let's assume their average car drives 250,000 km during it's lifetime, that makes 600 grams CO2 per km, which is about 5 times the average emission of new cars in Europe.

So: is my math wrong? Or is Tesla liable for much more emissions than even the most inefficient gas cars or all of Bitcoin mining?

I don't know about the entire balance of Tesla's business. For example I know they have some solar power setup.
Also that when you drive a new car away from the dealership it already has around 60% of its lifetime carbon footprint already "baked in".

I have no idea if Musk approached any miners, it is just conjecture.
And they would probably as JayJuanGee says not give less than two shits.

FTFY... .

hahahahaha

But who's counting?

[edited out]

Yes very great odds down to 24,472, I fully expect it to bounce of either $39k a 38% drop from ATH a regular occurrence in the world of bitcoin or maybe $43k will see enough resistance to satisfy the bears that there are no more coins to be shaken out. But what the fuck do I know? It is best to be prepared for all scenarios.

Surely when we are in the middle of a dump it is difficult to know when it is over.. sometimes an outrageously BIG wick will be an indicator, but it does not guarantee that it is over unless the recovery brings us a decent percentage out of striking distance of another test of support at the local bottom.

I hate making any proclamations, but there does seem to be ongoing momentum and dumping... bringing numbers back into view that quite a few HODLers might not had thought were possible - so they may have to rethink their level of conviction, etc. etc.  It would not be easy for some of them, especially if they were saying that they were "all in" at $59k or at $51k or at other locations such as $47k.  So, one of the tests of actual conviction does end up being the playing out of the BIG ASS correction and see what HODLers do.. And, if the price can be kept down long enough, sometimes additional sellers will come out of the woodwork and allow for additional eroding of support that previously considered as solid (or "no way in hell") territory.
El duderino_
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May 16, 2021, 09:04:54 PM
Merited by JayJuanGee (1), friends1980 (1)

What yall expect? That a billionaire will turn against his billionaire friends and destroy the fiat system that made em rich? He is a retard troll just like his friends, who gives no shit about 99.9999% of the world population while playing the world safer. One of em wants to vaxx all the people in the world and soon he really made it, bringing him up to #1 on the list of the richest. Of course we know, there are way more rich people who actually run the world. But they sitting in the shadows while they leave the stage for narcist retards like Musk, Gates, Bezos etc.

These times will pass. We gone through worse, Remember China "banning" Bitcoin every damn weekend in 2017?

Though there are many new people in the space.... never experienced China ban etc, I understand it’s difficult for them....

I just have one comfort and that’s probably I have something which Elon can’t buy no matter how rich he is

I bought btc at prices he will not see ever again  Tongue

And yes f*** the aspergus, yes I’ll never buy a Tesla, can we move on.... focus on DCA and edjucating those who wanna know about turning our backs to the current system.
Wekkel
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yes


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May 16, 2021, 09:07:03 PM

Scary times.

But we've been there before:



Just HODL on and weather the storm  Cool
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May 16, 2021, 09:09:19 PM
Merited by DeathAngel (1)

Btw page XX777 that could be bullish
fillippone
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May 16, 2021, 09:17:37 PM
Merited by LFC_Bitcoin (2), ivomm (1)


https://twitter.com/fillippone1/status/1394029185807552519?s=21
HeRetiK
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the forkings will continue until morale improves


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May 16, 2021, 09:32:28 PM

Elon must be on a rampage because i only see on Twitter: tweet not available.

Mr Elon Musk is acting as a nail in the coffin for bitcoin at the moment.  Angry

the price is $45k USD. over twice the 2017 ATH.

and peeps here are annoyed, moaning and pissed?? wtf where has the OG gone. we should be toasting the 30% off sale not complaining about the words from a twitter account.

whats with all the new whiners anyway. folks just sit back, relax and enjoy the ride. the moments of sheer terror are relative anyway; its just part of the ride. learn to enjoy them.

The thing is to me, I kinda liked Elon. Sure, weird dude and basically the billionaire equivalent of being "not like the other girls", but still had a lot of great stuff going on.

But this... it's like watching people I thought I knew posting about how Bill Gates vaccinating everyone with microchips all over again.

I'm not mourning Bitcoin, that one's going to recover eventually. But my opinion of Elon Musk... Oof. I just can't get over his 10x faster block times and 10x larger block statement. Makes me wonder where else he doesn't know shit and is just winging it with the help of some poor engineers that just try to keep their heads low.
DIA7
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May 16, 2021, 09:33:32 PM

Seriously this guy needs to stop tweeting



Can we close his twitter account if people start reporting.
JayJuanGee
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May 16, 2021, 09:34:07 PM

What yall expect? That a billionaire will turn against his billionaire friends and destroy the fiat system that made em rich? He is a retard troll just like his friends, who gives no shit about 99.9999% of the world population while playing the world safer. One of em wants to vaxx all the people in the world and soon he really made it, bringing him up to #1 on the list of the richest. Of course we know, there are way more rich people who actually run the world. But they sitting in the shadows while they leave the stage for narcist retards like Musk, Gates, Bezos etc.

These times will pass. We gone through worse, Remember China "banning" Bitcoin every damn weekend in 2017?

Though there are many new people in the space.... never experienced China ban etc, I understand it’s difficult for them....

I just have one comfort and that’s probably I have something which Elon can’t buy no matter how rich he is

I bought btc at prices he will not see ever again  Tongue

And yes f*** the aspergus, yes I’ll never buy a Tesla, can we move on.... focus on DCA and edjucating those who wanna know about turning our backs to the current system.

I agree with everything you said, dude.. except, it seems to me that there is no reason for bitcoiners to turn our backs to the current system.. or to teach newbies that is what bitcoin is about. 

Accordingly, it seems that sooner or later the vast majority of the current system are going to become coiners... they are just having some difficulties currently, in figuring out where the real value props are  (hint hint.. first name king.. second name daddy... hahahahaha).
friends1980
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May 16, 2021, 09:34:36 PM

These times will pass. We gone through worse. Remember China "banning" Bitcoin every damn weekend in 2017?

Scary times.

But we've been there before:

(...)

Just HODL on and weather the storm  Cool

Hear hear.

Facebook and Google blocking crypto ads. Paypal and banks blocking accounts using crypto. Korea and China 'banning' crypto. Volatility warnings, hacks, bankruptcies, pyramid schemes, "it's money for criminals", blahblah.

I'd say we'll have a laugh about this in a few months, but in truth, we probably won't, because by then, we'll probably have forgotten completely about this "just another FUD".

cAPSLOCK
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May 16, 2021, 09:37:26 PM




Well when you put it like that it looks like 2014 again...
cAPSLOCK
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May 16, 2021, 09:47:29 PM

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger  Roll Eyes

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

Man I'm so glad he keeps blabbing, showing the world just how much of an idiot he truly is. This is great. Keep going, Elon.

"Better to stay quiet and be thought a moron, that to open your mouth and remove all doubt."

But how many of them can't tell either?
Farmer Bill
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May 16, 2021, 09:55:08 PM

Good to see buyers getting some bargain coins in the sale.

All thanks must go to Felon Musk.

Was that the end of the correction at $43k? or are there yet more coins to be shaken out down to $39k

No doubt a few pictures of some nice double bottoms will follow to confirm.



Torque
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May 16, 2021, 10:07:06 PM
Merited by ivomm (1)

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger  Roll Eyes

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

Man I'm so glad he keeps blabbing, showing the world just how much of an idiot he truly is. This is great. Keep going, Elon.

"Better to stay quiet and be thought a moron, that to open your mouth and remove all doubt."

But how many of them can't tell either?

They can tell...


https://twitter.com/TESLAcharts/status/1393994530131742720
friends1980
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May 16, 2021, 10:08:55 PM

Good to see buyers getting some bargain coins in the sale.

All thanks must go to Felon Musk.

Was that the end of the correction at $43k? or are there yet more coins to be shaken out down to $39k

No doubt a few pictures of some nice double bottoms will follow to confirm.

Eager to see how the derivative buyers will react when markets open in a few hours.
Farmer Bill
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May 16, 2021, 10:12:28 PM

Good to see buyers getting some bargain coins in the sale.

All thanks must go to Felon Musk.

Was that the end of the correction at $43k? or are there yet more coins to be shaken out down to $39k

No doubt a few pictures of some nice double bottoms will follow to confirm.

Eager to see how the derivative buyers will react when markets open in a few hours.

Odd you should say that I was just looking at Nasdaq pre market prices to get some indication of sentiment.
TSLA up 3.6%
COIN down 2.54%
Elwar
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May 16, 2021, 10:13:30 PM
Merited by LFC_Bitcoin (1)

Also keep in mind that US taxes are due tomorrow.

And a lot of people have a lot of capital gains they need to pay this year.

I'm not 100% sure but I think there's usually always a dump right before tax day during a bull run.
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