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

[ChartBuddy]

Explanation

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[DaRude]

Putin says Russia will start demanding payment for its natural gas shipments to states it deems “unfriendly” in rubles, Interfax reports. Putin ordered the central bank to develop a mechanism to make ruble payments within a week.

https://twitter.com/annmarie/status/1506613120109887489

I guess making payments in gold is not an option so countries are fighting to see which one of their fiats is shittier than the other. What if somebody could come up with a neutral solution to this paper fiat problem ...

[JayJuanGee]

https://twitter.com/w_s_bitcoin/status/1505312130526072833

pretty cool

+1 WOsMerit

Makes me sad that I did not do anything when learning of bitcoin existence in late 2011 (price around $2).
For most people bitcoin required a couple of looks, or maybe it was just me.
I guess everyone gets btc price they deserve (research, commitment, courage/risk taking).

If you have 0.5 BTC you realize you knew about it in time that you should really have 5 BTC.
If you have 5 BTC you realize you knew about it in time that you should really have 50 BTC.
If you have 50 BTC you realize you knew about it in time that you should really have 500 BTC.
If you have 500 BTC you realize you knew about it in time that you should really have 5000 BTC.
If you have 5000 BTC you realize you knew about it in time that you should really have... Well. Fuck you, you damn genius.

So it goes.

Thing is...everyone up there... Which I imagine represents pretty much all of us... Is gonna be just fine.

Don't sell now.

I appreciate your provocative way of framing the issue cAPSLOCK, but I still question whether regrets regarding quantity of BTC accumulated need to be regretted.

Sure, almost all of us who are in bitcoin long enough are going to have mistakes along the way that cause our BTC stash to turn out to be smaller than our stacks could have been, but surely not all of those mistakes are due to lack of aggressiveness.   Surely, some mistakes come from being too aggressive, too.

Maybe I am merely in denial regarding my own failures to learn from my mistakes, but so frequently, I attempt to justify my own behaviors in life by proclaiming: "I was acting upon the information that I 'then" had in front of me."  

It seems to me that the older that we (are lucky enough to) get, the more likely that we are going to have more and more examples in which we could look back and Monday-morning quarter-back assess that we could have done z rather than our chosen combination of x and y.  So, yeah looking back makes for so many possibilities to kick ourselves and hypothesize that we should have been able to choose better..  yet part of the problem is that we might not have been able to have had chosen better.. and the ONLY questions that we have in front of us pertains to how are we going to chose NOW based on what we know NOW?  Are we going to continue to make the same kinds  of mistakes (to the extent that they actually were mistakes?) or does our own balancing of all of our individual factors still end up leading us to a similar kind of conclusion.. .because if we really consider the matter, then maybe our faults of the past might have been that we had failed/refused to sufficiently consider the matter in the previous time, but really, if we had sufficiently and adequately considered the matter in the past, then there should be no reason to conclude that our decision for NOW that balances the upside and the downside possibilities is going to change right now.

Regarding "all of us being fine":  that seems to be another provocation of the question regarding whether even folks recently entering BTC are going to objectively come to the correct conclusions - and many of us longer term BTC HODLers would suggest that the objective long term solution is to error on the side of HODLing and accumulating BTC.  

Seems to me that there are a lot of folks, even in this thread, who might be ready, willing and able to vocalize HODL/Accumulate as the "best practice" but there still remain a considerable number of ways that they could end up having their BTC stash fail to grow in size.. and a few common ways is to speculate that: 1) selling some BTC now may well allow for an ability to buy back more at a lower price, 2) wait for a lower price to "buy on the dip," 3) fuck around with various shitcoins, ICOs, NFTs, DEFI and presume that such speculation is going to be more profitable than maintaining BTC focus, 4) fail/refuse to sufficiently/adequately keep a certain number of BTC separate from possible government/third party attacks on one's stash and 5) maybe some other ways that are not top of mind for me at the moment.  My point is just that merely knowing about BTC and the best practices of HODL/accumulate is not going to sufficiently/adequately prepare any of us on an objective level to "do the right thing" in order to actually meet the goals of building wealth in the better ways that include maintaining a decently-sized BTC stash.

I am NOT even proclaiming that I, personally, have the better answers, even though I proclaim to have had tailored a pretty damned decent system for myself.  I frequently get criticized for shaving BTC off on the way up.. and sometimes I also get misinterpreted as if I am suggesting that guys should shave off BTC on the way up because I am suggesting that such shaving off on the way up is ONLY a likely better practice after having had reached an over-allocation status.. but also even the complications of accounting can also make such practice of too much shaving off to become a way less preferred practice even than what I am making it out to be.. so even some of us (such as yours truly) who sometimes attempt to present our systems as fool-proof and smarter than thou, might not have a system that is going to be suitable for guys in other situations even if we presume that the system is actually sufficiently/adequately understood.

[Toxic2040]

Change the game, don’t let the game change you. #bitcoin BTC

https://twitter.com/BTCbee_bzzbzz/status/1506455523826159619



--------------

now im not one to jump at false flags, fomo, fud or unsanctioned fortification...but I was looking at this lovely hodler...for science of course...and could not help but notice a faint silhouette attempting to hide behind that fence poll...

extremely hard to make out due to camouflage and a near perfect tactical position....but.....is that the Mayor???    bah...wishful thinking probably


--------

the morning wall report

bear traps...or would that be bull traps?   a slew of hourly daggers stalled price again in early morning trading    10+ years of getting the hope sucked right out of you...whats a few more right?

bitcoin currently trading at $42.6kish

dyor



ladder up..elevator down?
4h


just dont see price sustaining as things get tougher....i just dont..sorry   i know squealers when i see them
D

stronghands  

[BitcoinBunny]

The next 24 seconds aren't critical.

[BitcoinBunny]

Change the game, don’t let the game change you. #bitcoin BTC

https://twitter.com/BTCbee_bzzbzz/status/1506455523826159619

Wasn't the campaign "No panties for Bitcoin" ?! 

 

[Toxic2040]

Wasn't the campaign "No panties for Bitcoin" ?! 

 

dunno...thought it a cute pic tho

[ChartBuddy]

Explanation

[JayJuanGee]

Makes me sad that I did not do anything when learning of bitcoin existence in late 2011 (price around $2).
For most people bitcoin required a couple of looks, or maybe it was just me.

It's not just you. I remember reading about the pizza sale in the paper and not doing anything. 

hahahaha

Just think 10k bitcoin for two pizzas.

That is damned early.

Even if the two pizzas were $30, that would still be like 1/3 of one cent per BTC... and maybe that was a special quantity situation.., so even $0.10 per BTC would have gotten a lot of bitcoins for anyone who is able to figure out some way to find someone to sell them the BTC and then figure out how the hell to hold the BTC.. .. a kind of specialty for the technical geeks... even these days, so many people have not even figured out some of the easier kinds of wallets and hold coins on exchanges, and sometimes even I get confused about whether there might be some new wallet that I need to learn about..

On the other hand, I suppose if there is a will, then there is a way in terms of learning whatever was the better of practices back then for having BTC sent directly to a bitcoin wallet that might be kept on your computer, and then maybe later moved over to a paper wallet once those were established.. learn along the way takes time for anyone who might not have been within the technical geek circles.

https://twitter.com/w_s_bitcoin/status/1505312130526072833

pretty cool

+1 WOsMerit

Makes me sad that I did not do anything when learning of bitcoin existence in late 2011 (price around $2).
For most people bitcoin required a couple of looks, or maybe it was just me.
EDIT: I guess everyone gets btc price they deserve (research, commitment, courage/risk taking).

Most look at it multiple times not only you. Also for a lot who did something about it in 2011, it did not necessarily turn out good as could be because they sold early or lost everything on scammy exchanges (and still do). People still have coins on exchange this days, mind boggles.

Yes... interesting point about selling too much too soon.. but then also there would be various ways to lose coins if NOT sufficiently understanding possible vulnerabilities how the coins were held - and even if we presume that coins might not have been held on an exchange, because most of those earliest of exchanges before 2013 are no longer even possible to have coins.. except maybe Bitstamp...

even though MTGOX was the largest exchange, it was not the ONLY one to go down (which largely it went down in 2013 in terms of abilities to remove coins - even though not finally announced until February 2014).. BTC-e was a pretty easy exchange that went down in 2016 but then had various other iterations that finally went down in 2017.  There were others too.. but even by 2013, there were a variety of ways to  hold coins outside of exchanges, such as paper wallets, but the hardware wallets did make some of the holding of coins outside of exchanges much more user-friendly and they started to come on the scene BIGGEDly in 2014 and thereafter more and more of those.. oh and the blockchain.com wallet was actually available in 2013 (even thought there was about a year that Apple did not allow that wallet to be downloaded from its app store in 2014-ish).

[Hueristic]

https://imgur.com/gallery/B9xRX4R

[El duderino_]

Few doing it right…..


Should be BTC instead of crypto’s
But the going broke on trying to look rich

Daaaamn that’s almost 90% of the world

[JayJuanGee]

Next month is really important for the Bitcoin Price Action.

VI = Vortex Indicator (A vortex indicator is used to spot trend reversals and confirm current trends.)

When Red crosses up Blue, a Bearish Trend starts.
When Blue crosses up Red, a Bullish Trend starts.

Really? I thought you were going to stop posting TA!

They don't look like bearish trends to me, infact, when the suppose bear trend was confirmed the price was flat or started moving higher!

Correct me if i am wrong... but didn't the bear market start Early 2014 and and Early 2018...

For sure, many of us appreciate that being able to assess whether we have transitioned from a bull market to a bear market ends up being a delayed indicator.. so even with the previous patterns of pre-2014 and pre-2018, we might have been able to assess that a blow off top had occurred and that we were entering into a bear market.. but while in the midst of the playing out of the market, we cannot even be sure with very high degrees of confidence that a bear market transition had happened until after being in it for quite a long time. 

Current Situation:
Either we stay in the bullish trend (The chart below is Monthly, so we are in a bullish trend since 01-06-2019) or we see a bearish trend after 4 years on VI.

Really, why are people meriting such crystal ball statements! Either we go up or we go down? no Shit Sherlock! you must have team of monkeys working around the clock to figure this out!..

If you posted this back in Sep 2020, you would be claiming a bear trend is on its way!.. Am I the only one frustrated with these shitty TA?....

For sure it is not easy to determine if ImThor is even trying to be genuine based on his seemingly flip-flopping tendencies - including that he does not seem to have any kind of decent grasp on either BTC fundamentals or how to make TA assessments that make some senses.  Then when he gets called out he has shown a variety of responses to: 1) ignore the response, 2) whine about the response, 3) proclaim that he is still learning and just practicing some of his "ideas" on us.

Really, why are people meriting such crystal ball statements! Either we go up or we go down? no Shit Sherlock! you must have team of monkeys working around the clock to figure this out!..

If you posted this back in Sep 2020, you would be claiming a bear trend is on its way!.. Am I the only one frustrated with these shitty TA?....

TA is good for trying to work out where people have their buy and sell orders (looking for a bounce, breakout, or fake out stop hunt), and of course a good way for you to work out where you could place your own. But does it have much predictive value? In times where the market consists of mainly traders, probably, because traders use TA extensively (self-fulfilling prophecy and all that). If the market is being moved due to other participants, news, etc. I would think not.

Those are all very good points somac; however, you seem to have side-stepped the elephant in the room, which was that hisslyness was responding to a seemingly disingenuine poster... aka ImThour... ... sure it is possible that ImThour is really as dumb as he presents himself to be, but I am going to continue to express reservations regarding any kind of supposed genuineness of ImThour.. at least for the time being.... sure, it is possible that he is learning along the way as he proclaims himself to be.. but really hardly makes any sense given the whole context of his posting history.,. at least, so far up until now.

[ChartBuddy]

Explanation

[savetherainforest]

https://imgur.com/gallery/B9xRX4R

Feels sad man. I watched today some tanks/containers being filled with body bags. Also watched the videos with mothers crying over their 20 year olds.. It was horrible, some of them were not even enlisted, but working actually for security/defense companies.

Also if you think about it, if those pilots didn't eject, then it's a huge f^cking loss. You know that you need over 200 - 2000 hours to be allowed to fly one of those things?? Or the people need to make University for aerodynamics & sh!t. Educated ppl died in those planes. All the possible futures lost.   

[JayJuanGee]

https://twitter.com/gaborgurbacs/status/1505871204896448519

Actually it is very easy to solve. Announce to the world US is no more empire and switch from the imperial gallon to the litre!

Switching to the litre (liter) seems to ONLY be a relatively temporary fix...

Actually it is very easy to solve. Announce to the world US is no more empire and switch from the imperial gallon to the litre!

The US doesn't use the imperial gallon.

Used to use it for Icecream.. but recently shrinkflation... 

not that I should be eating that much icecream anyhow, at least not these days.   

While we at WO can take our substantial stash through any border with just our memorized 24 word seed phrase with no fear of detection.
It escapes me why wealthy individuals do not hold at least some Bitcoin.

They have not got the memo.

Alternatively, if they did get the memo, they failed/refused to understand what it says.

 

#HFSP


#NGMI

 

[Arriemoller]

Weird, bitcoinity.org says "This domain name expired on 2022-03-23 15:20:23
Click here to renew it." But it still works on my phone. Is bitcoinity down for you too?

[ImThour]

Weird, bitcoinity.org says "This domain name expired on 2022-03-23 15:20:23
Click here to renew it." But it still works on my phone. Is bitcoinity down for you too?

Error. Page cannot be displayed. Please contact your service provider for more details. (18)
That's the error I am getting.

[ChartBuddy]

Explanation

[OutOfMemory]

Weird, bitcoinity.org says "This domain name expired on 2022-03-23 15:20:23
Click here to renew it." But it still works on my phone. Is bitcoinity down for you too?

Seems they passed on domain renewal?
I guess your phone or network provider has some good cache or only the homepage was changed by the provider (to what you see).
Try opening a bookmarked (long) url (with parameters), i think all the other files needed for operation are still there.

[JayJuanGee]

$42000

Going the wrong direction.

-1 WO merit.

Before the end of the workweek the price will be below $40k.

Llama dreams....