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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368887 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. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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September 21, 2021, 04:01:25 AM


Explanation
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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BillyCoiner
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September 21, 2021, 04:24:45 AM

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.
nanobtc
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September 21, 2021, 04:26:10 AM


I suggest transferring this poll to a board where more regular users hang around however.  Am a bit curious how the results would turn out compared to this poll.

Wait, you mean there are other threads here???
Sarah Azhari
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September 21, 2021, 04:31:04 AM
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Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.
please hold on to the rocket stalk
Syke
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September 21, 2021, 04:36:07 AM

Anyway, interesting poll.  And I for one, look forward to the privacy improvements coming to Bitcoin.

Doesn't Lightning do it?
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September 21, 2021, 04:55:32 AM

Holy shit I'm poor !

Wait a minute, didn't I have set up a nice ladder of buy orders ?

Checks exchange.

Holy shit I'm rich !

Mine does not work like that.

Sure, as the BTC price dips I have buy orders that cause me to buy more BTC, but the amount that I am buying is no way even close to the amount of value that the BTC price had dropped.

Yes, as the BTC price drops more and more satoshis are acquired so the total quantity of BTC goes up through such dropping of BTC price.....

So far in BTC's history, sooner or later the BTC has gone up and has gone up way more than the quantity of down, so acquiring BTC and stacking on the dips presumes that the BTC price is going to continue to go up in the long run... and by long run, many of us are hoping this cycle.. even though that is not guaranteed...
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September 21, 2021, 05:01:25 AM


Explanation
becoin
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September 21, 2021, 05:13:27 AM

Who sold at the bottom?
JayJuanGee
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September 21, 2021, 05:57:34 AM
Merited by Apocollapse (1), Sarah Azhari (1)

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

Only sub $30k?  What happened to sub $10k and sub $20k?  Those predictions of yours were just a couple of months ago, and they did not work out very well for you Mr. Nocoiner.  right?  Were you able to pick up coins in the sub $20ks or sub $10ks for that matter?

price went the opposite, right?

So we had gotten mostly UPpity from $29k to $53k within about 6weeks from late July to early September.

Now we are having some correction and consolidation from that run.. .and doubtful that lower $30ks are going to be touched - even though anything is possible... but not seeming probable, at this time.

Sucks to be uie poo-ie, no?.. constantly hoping and betting on down that seems to be less than enduring.   Your down prices are not reached, so then you have to make your down predictions higher along the way... sounds like a typical troll bear, and sooner or later, you will be correct, but not too likely that you are going to be correct this time, even after you have already moved your price up $20k and $10k respectively from your earlier downity predictions, from just a couple of months ago... poor widdow tingle-a-lie..

Who sold at the bottom?

Maybe Billy no coiner did... ??

He seems a bit desperate in terms of wanting the BTC price to drop MOAR..


Even though cosmic forces seem to be against him
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September 21, 2021, 06:01:33 AM


Explanation
becoin
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September 21, 2021, 06:14:10 AM
Merited by OutOfMemory (1)

It is always the same in Bitcoinland. What matters in the end is if you have today more bitcoins than yesterday. Why can't people learn?
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September 21, 2021, 06:22:33 AM
Merited by JayJuanGee (2), vapourminer (1)

Maybe Billy no coiner did... ??

He seems a bit desperate in terms of wanting the BTC price to drop MOAR..

Even though cosmic forces seem to be against him

I would not be surprised. I'm sure that many of those who preach that Bitcoin is going to go much lower when there is a downturn, or even that it will go to 0, are people with confirmation bias: they didn't buy in the past of maybe they bought and sold at a loss (out of panick) and now want the price to go to 0 to tell themselves they were right, instead of thinking about how foolish they were for passing up the opportunity to change their lives.


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September 21, 2021, 06:25:15 AM

Bought $44K.
Waiting my another order $42K and $40K to get filled up...
All my orders are filled up, lucky to bought every dip. 15-20% discount if you buy Bitcoin today, you'll regret in the future.
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September 21, 2021, 06:41:30 AM

I suggest transferring this poll to a board where more regular users hang around however.  Am a bit curious how the results would turn out compared to this poll. 
Regular users are here in WO, outside the forum are non regular user wears rainbow signature which like spamming in order to earn money.
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September 21, 2021, 06:47:52 AM

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

A Dip

Another Newbie

What’s new….
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September 21, 2021, 06:49:59 AM
Merited by JayJuanGee (1)

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September 21, 2021, 07:01:25 AM


Explanation
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September 21, 2021, 07:28:58 AM
Merited by El duderino_ (5)

Who sold at the bottom?

Those who wants to live with deflationary fiat rest of their life.I would say it's better to leave if you cant see it at $44k then you don't deserve it at $100k.

The bottom prices will recover but who sold at them will surely not.
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September 21, 2021, 07:39:24 AM

Who sold at the bottom?

Those who wants to live with deflationary fiat rest of their life.I would say it's better to leave if you cant see it at $44k then you don't deserve it at $100k.

The bottom prices will recover but who sold at them will surely not.
They sold because they fear to see the price will drops.



Sources: https://www.youtube.com/watch?v=hpTH2lM3WVU
JayJuanGee
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September 21, 2021, 07:40:46 AM
Merited by OutOfMemory (1)

It is always the same in Bitcoinland. What matters in the end is if you have today more bitcoins than yesterday. Why can't people learn?

I doubt that the matter is the same for everyone.

Each person has different circumstances, and should be attempting to figure out his/her own circumstances in respect to bitcoin and how much of a stash to accumulate and then maintain.

Of course, the number of bitcoiners do seem to be growing, so a few years ago, I used to assume that the number of bitcoin HODLers was for sure less than 70 million people, so less than 1% of the world's population.

I have been hearing all kind of estimates that seem to double or triple the previous number, and so for sure, even if we go with the larger number of 210 million people (which would be 3% of the world's population), we are surely going to be arriving at average bitcoin stashes that are pretty damned low, so no way am I opposed to your assertion (becoin) that accumulating bitcoin is a damned great goal, especially for 97% or so of the world's population; however, those of us who have been in bitcoin for a decently long time may well either be overly allocated or have circumstances in which we are surely not harmed by shaving off some of our stash at various points.

If we go by your forum registration date, becoin, we should be able to assess that you are no newbie to bitcoin accumulation, so in that regard, I would not expect you to be feeling any kind of desperate need to accumulate more bitcoin on a daily basis and no matter what the BTC price actions.

And sure, don't get me wrong, nothing wrong with buying BTC on a price dip, and our being down 24% from $53k to $40,193 is no small amount down, and even if we calculate from our ATH ($64,895), we get a correction of around 38%, so sure maybe pick up some more sats, but would it not really be optional to pick up sats or not when your BTC holdings should be presumably already in decent profits... perhaps?  perhaps?

If your average cost per coin happens to be $100, then maybe it would not matter if you are selling or shaving off some coin at 650x profits versus 470x profits or some lower amount of profits - even 286x profits when our BTC prices got down to $28,600.   I even have those kinds of feelings when I am using my average cost per BTC to be around $1k per coin, so the profit levels will be greater for guys (and gal) who happen to have lower costs per coin. 

Now if you happen to be like one of our regular WO members here who ONLY bought 20 BTC back in 2011 and you have been sitting on your stash the whole time and not sufficiently increasing it, then yeah, you might be in a situation where you should have bought more BTC along the way, even if it were to have brought up your cost per BTC and you would still be needing to feel urgency in buying on these dip levels and on a personal level needing to accumulate more BTC.

Even withe some one like me, I have spread my buy /sell intervals (and my spreads too) out quite a bit over the years, but my buy orders are still triggering - even though it takes greater percentages of BTC price moves for my buy orders to trigger.
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