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

[El duderino_]

All wrong

[1715683920]

1715683920

[1715683920]

1715683920

[1715683920]

1715683920

[1715683920]

1715683920

[ChartBuddy]

Explanation

[Farmer Bill]

After working 10 years in 9 to 5 job, I can say that if I have put same level of energy in my own business for 10 years definitely I would be at much better place



Image source

The difference of course being, running your own business is not 9 to 5 hours.
It usually requires much more effort, more hours and greater responsibility.
Your successes are yours, the profits (and losses including bankruptcy) are yours, your fuckups are yours, the buck stops with you.
Even if you don't get rich, just being your own boss and having control over your life puts you as you said at a much better place.
If the business is something you are passionate about, the hours and effort won't seem like work.
The satisfaction gained from running your own business sees many continuing to work well past normal retirement ages, while for 9 to 5 employees retirement cannot come soon enough.
Maybe Bitcoin can eventually help with getting your own business started.

[WatChe]

Image source

[Gachapin]

blablabla

...yawn

[Farmer Bill]

Starting to eat away at that $24K resistance. I think we might see a quick hop up to $30K, but I’m still under the belief that a retest of the lows is possible when the mtgox coins are distributed. I would say that will be the time to buy, but it’s quite possible everyone else is thinking the same thing, so we’re seeing big money trying to front run retail’s re-entry by buying all throughout this dip.

I had an account at Mt Gox as did many others on WO at the time. I fortunately got my coins out before withdrawals were stopped. So most recipients of the distribution are Bitcoiners like us who would just add the coins to our wallets rather than rush to exchange them for ever devaluing fiat currency. A proportion will sell with the larger transactions done OTC. I think this event has been long priced in and at most will be a blip in Bitcoins history.

[WatChe]

After working 10 years in 9 to 5 job, I can say that if I have put same level of energy in my own business for 10 years definitely I would be at much better place



Image source

The difference of course being, running your own business is not 9 to 5 hours.
It usually requires much more effort, more hours and greater responsibility.
Your successes are yours, the profits (and losses including bankruptcy) are yours, your fuckups are yours, the buck stops with you.
Even if you don't get rich, just being your own boss and having control over your life puts you as you said at a much better place.
If the business is something you are passionate about, the hours and effort won't seem like work.
The satisfaction gained from running your own business sees many continuing to work well past normal retirement ages, while for 9 to 5 employees retirement cannot come soon enough.
Maybe Bitcoin can eventually help with getting your own business started.

Of course both business and job differ in terms of Risk involved. While there is zero risk in job (you get your pay regardless of how much company earns or lose), in your own business you have to take the risk and it can swing in both directions. Return is fixed in job (pay) while in business it can be beyond your imagination or other way around.
I am in bitcoin for quite sometimes but I am doing job also. May be with time I can quit job provided I am 100% sure that I can earn enough with it to feed myself and my family.

[cygan]

Fun game

What is this

Where will it bring me too…..

a longboard?

[ChartBuddy]

Explanation

[Republikcoin.com]

Of course both business and job differ in terms of Risk involved. While there is zero risk in job (you get your pay regardless of how much company earns or lose), in your own business you have to take the risk and it can swing in both directions. Return is fixed in job (pay) while in business it can be beyond your imagination or other way around.
I am in bitcoin for quite sometimes but I am doing job also. May be with time I can quit job provided I am 100% sure that I can earn enough with it to feed myself and my family.

I think you've implemented a good thing so far. Because I am also doing my own work out there to support my family and myself while investing through Bitcoin understanding the risks. In essence every job has risks and everyone needs to understand it very well because that is to avoid them from losses that can come suddenly if someone is not careful or careless.

[cygan]

the new hair style for our young BTC generation

[vapourminer]

the new hair style for our young BTC generation

"brain wallet inside" lol

[ChartBuddy]

Explanation

[fillippone]

the new hair style for our young BTC generation

May I?

Very bad Opsec. I wouldn’t dare such an haircut while travelling to underdeveloped region abroad. You never know what the local can think when seeing this.

[348Judah]

the new hair style for our young BTC generation

May I?

Very bad Opsec. I wouldn’t dare such an haircut while travelling to underdeveloped region abroad. You never know what the local can think when seeing this.

Of course many thoughts may come up like:

Bitcoin money bag
Street Gangstar buddy
Member of a fratenal group

Lol can't guess as many as possible, but it may be dam risky out there!

[ChartBuddy]

Explanation

[dragonvslinux]

the evening wall report

maybe 60/40 at this point....basically...its not bearish until it is right?
appetite is increasing...liquidity is high...spreads largish
have a great weekend!

"The trend is your friend" as they say. So yes, it's not bearish until it's bearish. Especially when price is continuing to move upwards, unless it get's heavily rejected of course!
Long-term bear trend has lost it's momentum. Short-term bull trend remains strong. 200 WMA reclamation incoming tomorrow for further upside potential. Simple stuff.
Think your cloud also says it all. Above $25K next week and we're plain sailing, bear trend on that time-frame broken if not mistaken. Even if no cross to bullish.

Starting to eat away at that $24K resistance. I think we might see a quick hop up to $30K, but I’m still under the belief that a retest of the lows is possible when the mtgox coins are distributed.

Pretty sure you were saying before there would be no considerable relief rally such as to $30K or low formed until MtGox coins were distributed? Oh well, moving on.

I would say that will be the time to buy, but it’s quite possible everyone else is thinking the same thing, so we’re seeing big money trying to front run retail’s re-entry by buying all throughout this dip.

Nah, most people are thinking to sell already or when it reaches $30K. A lot like the $6K to $8K sellers in 2019 who "sold resistance" megalolz. Now probably is the time to buy tbf.

[WatChe]

Exactly 12 years n 1 day ago satoshi said this while replying on scalability and transaction rate issues of bitcoin network in 2010.




Source

[ChartBuddy]

Explanation

[JimboToronto]

Even if you don't get rich, just being your own boss and having control over your life puts you as you said at a much better place.
If the business is something you are passionate about, the hours and effort won't seem like work.
The satisfaction gained from running your own business sees many continuing to work well past normal retirement ages, while for 9 to 5 employees retirement cannot come soon enough.

>>>If the business is something you are passionate about, the hours and effort won't seem like work.<<<

Mark Twain once said, "work is what a fellow is obliged to do". If you treat your business as a hobby, it's not work.

>>>The satisfaction gained from running your own business sees many continuing to work well past normal retirement ages, while for 9 to 5 employees retirement cannot come soon enough.<<<

And then when employees retire, they don't know what to do with themselves and the stress ages them quickly.

Most businesses have a way of winding down naturally, so retirement is less abrupt.
____

Edit: Thanx Toxic for my 3000th merit. It was a while coming.