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

[fr4nkthetank]

I'm just going to leave this here, might as well feed the bears....
(superbowl 2000)
https://www.youtube.com/watch?v=nXHrlm5Nk5w
(Superbowl 2022, est +-160BTC/30sec spot)
-> FTX (fuck that xchange) : 135 million naming rights for some stadium.  Superbowl ad spot
-> petscrypto.com : 700million naming rights for some stadium.  20 million ad campaign + superbowl ad spot
“There’s a lot of people saying crypto is a fad, just the way they said the internet was a fad,” (says Steven Kalifowitz, the company’s chief marketing officer crypto.com)
I couldnt make this up even if i was creative enough to do it.  

edit: the moral of the story is bitcoin is like the internet, not a fad.  those companies on the other hand...

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[JayJuanGee]

Any bets on where this is going to end? Need to change the poll.

Personally, I do not get too many thrills in talking about down...

So frequently I prefer to believe that the down is going to end any minute... even though sometimes I realize that it is not.. and for sure, the trend is your friend, until it is not.....

@jjg...who is the bigger dweeb here than the "writer"?

As a small solace, these developments hurt my pocket just the same, but I cannot not see what I foresee...but, right now, the thought is...it will pass.

Hahahahaha - I think that you are a pretty big dweeb, but sure it could be true that I am not completely excluded from the dweeb club.

We know that you weren't willing to bet on your supposed vision (or do we call it a nonvision - just throwing shit out there and see if something might stick?), and maybe you are going to be feeling more invigorated now to formulate some kind of a bet about the staying in $30k to $65k for the upcoming year and the supposed 1% chance of getting above $200k within the year (or if you might have adjusted your timeline). 

There might have been more to what you were saying, even though the above points were the last ones that I recall that you made somewhat specifically... 

Also, I have not changed any of my numbers from December 16 yet.. so I am not really sure if events of the past several weeks (or even month), should create some kind of change in the dynamics in order to cause me to need to revisit any of those numbers... maybe ONLY slight tweaks to the numbers, perhaps?  I would have to think about the matter.. if I am going to change the numbers or even  the expected timeline.

[philipma1957]

my $50 A DAY BUY was going to end on my birthday next week

 was keeping it for 2 months.  with the continued drop I will keep it for 3 months.

Very happy with my sale of $17000 worth of  between 61-67k.

Taxes paid and money in hand for cheap coins.  Dip tastes better at 38k than 42k

Maybe we go to 29k and I grab back all of the 17k sold between 61-67k price.

[ChartBuddy]

Explanation

[JayJuanGee]

my $50 A DAY BUY was going to end on my birthday next week

 was keeping it for 2 months.  with the continued drop I will keep it for 3 months.

Very happy with my sale of $17000 worth of  between 61-67k.

Taxes paid and money in hand for cheap coins.  Dip tastes better at 38k than 42k

Maybe we go to 29k and I grab back all of the 17k sold between 61-67k price.

Personally, it seems to me that you should keep your $50 per day until you reach fuck you status or close to fuck you status.

#justsaying.

It's only $350 per week, and you are an old geezer who should be trying to get to retirement.





You will thank me later... or perhaps not.

[jojo69]

What an utter nonsense.  
Post your crap elsewhere, please.

https://republicans-oversight.house.gov/wp-content/uploads/2022/01/Letter-Re.-Feb-1-Emails-011122.pdf

[ChartBuddy]

Explanation

[philipma1957]

my $50 A DAY BUY was going to end on my birthday next week

 was keeping it for 2 months.  with the continued drop I will keep it for 3 months.

Very happy with my sale of $17000 worth of  between 61-67k.

Taxes paid and money in hand for cheap coins.  Dip tastes better at 38k than 42k

Maybe we go to 29k and I grab back all of the 17k sold between 61-67k price.

Personally, it seems to me that you should keep your $50 per day until you reach fuck you status or close to fuck you status.

#justsaying.

It's only $350 per week, and you are an old geezer who should be trying to get to retirement.





You will thank me later... or perhaps not.

Yeah may be best thing to do.

[Richy_T]

Come on Bitcoin. I'm never going to be able to lie on a bed wearing sunglasses covered in $100 bills and holding a gun at this rate...

[ChartBuddy]

Explanation

[shahzadafzal]

Come on Bitcoin. I'm never going to be able to lie on a bed wearing sunglasses covered in $100 bills and holding a gun at this rate...

[Phil_S]

Laser eyes jinxed it.

[El duderino_]

Gotta see it from a better perspective

Corn is worth less

But my collectible corn stuff is again worth more (If I would sell them)

People who are selling stuff for corn cannot be to upset….

[ChartBuddy]

Explanation

[OutOfMemory]

Hang on a minute, is bitcoin dead?
Thought I'd drop by just to check.
Ah no, just a fire sale - get 'em while they're cheap. Last chance.

#haiku fail

I just come from the funeral. BTC didn't show up, the coffin was empty.
#btFd

Come on Bitcoin. I'm never going to be able to lie on a bed wearing sunglasses covered in $100 bills and holding a gun at this rate...

100 TRY bills this time, sorry...

[serveria.com]

C'mon Bitcon, you know, do something...  

Anyways, where're Saylor's and Bukele's BTFD announcements? Right about time to buy the dip, girls!  

[Paashaas]

R.I.P Meat Loaf.

[serveria.com]

Come on Bitcoin. I'm never going to be able to lie on a bed wearing sunglasses covered in $100 bills and holding a gun at this rate...

The only thing that troubles me is that I might get too old for the $100k party... 

[Ratimov]

Well, the events described in this post happened. There was a short/long squeeze on the market and a further drop in prices below significant support levels:

Derivative markets contributed to the fall, namely option expiration, increased open interest, increased use leverage by short traders, etc.


CoinShares recently released a report: https://medium.com/coinshares/volume-62-digital-asset-fund-flows-weekly-report-26c0440d598c

Over the past week, the outflow of funds continued and amounted to $73,000,000. This is the fifth consecutive week with an outflow of funds. In total, over 5 weeks, the outflow amounted to $532,000,000. There is an assumption that bearish sentiment is fading away and the market will soon be dominated by an influx of assets.

Last week there was $55,000,000 outflow from Bitcoin, and in 5 weeks the total outflow was $317,000,000.

[somac.]

C'mon Bitcon, you know, do something...  

Anyways, where're Saylor's and Bukele's BTFD announcements? Right about time to buy the dip, girls!  

Probably blown their wads already on all the previous dips down from 69k.