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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26911365 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 1 users with 9 merit deleted.)
philipma1957
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May 22, 2023, 06:59:07 PM
Merited by coolcoinz (1)

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?

I could even argue that we aren't in a bear market anymore, but in a limbo between markets.
Technically speaking, a bear market marks constant lower lows, while bull market marks higher highs. What if there are no lower lows and no higher highs and price stabilizes? Yes, for bitcoin this is a stable situation.

I was trying to explain this concept last Summer fall gold was in a 200-400 usd slot for 11 years in a row.

Why not btc getting stuck in a slot for a decade?

make the argument that 4k-70k will last 10years from 2017 to 2027 or break out of that slot before 2027
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May 22, 2023, 07:01:18 PM


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May 22, 2023, 07:19:30 PM
Last edit: May 22, 2023, 07:48:15 PM by yslyv

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?


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May 22, 2023, 08:01:19 PM


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May 22, 2023, 08:28:36 PM

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?




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May 22, 2023, 08:45:49 PM
Merited by JayJuanGee (1)

And we always lack one side of the history, for there to be a buyer, there must be a seller., and i think we allways understimat the seller in this history.

You mean Jercos (Jeremy Sturdivant).



https://www.bitcoinwhoswho.com/jercosinterview
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May 22, 2023, 09:01:23 PM


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May 22, 2023, 10:06:19 PM
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May 22, 2023, 10:17:20 PM



 I'm not afraid

oneobserverofmany@sharklasers.com

 spam away - I might even reply.
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May 22, 2023, 11:19:08 PM
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Did
Enjoy
Fast X
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May 22, 2023, 11:35:14 PM



An here its when the 10minutemail comes to rescue us.... I hate when page block them.



What a shit its when you use a computer without adblock, and with all this shit "new internet" things like accept cookies for all subscribe for all pay for all fuck bring back the old good internet of 2010/5 i think it was the peak.
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May 23, 2023, 12:20:08 AM
Merited by fillippone (3), coolcoinz (1), bitcoinPsycho (1), Toxic2040 (1)

For sure you convincingly appear to be lost yslyv... .Can "we" help you to find ur lil selfie?

You might need to spend a wee bit of time studying what is dee cornz.

And if you cannot figure it out, then maybe you might want to ask for some help.

At least you have found this forum (and this thread), so you are in a good place to start to learn about what is dee cornz.. and maybe you might want to ask some questions to some of the bitcoiners (or the longer term members here) who might be willing to help you out if you get off of your dumb ass high horse that is making vague-ass proclamations that there are plusses and minuses to each.. which largely just shows that you are lost rather than your seemingly wanting to appear as if you might objectively know something valuable that relates to the topic of this thread.
Yeah, I confess I'm a bit lost.

For sure one of the better of the initial steps is recognizing that there might be a problem, and surely I would suggest that being lost might well not be a good place to be.

Bear market syndrome.

Well, I might agree that we cannot completely conclude that the bear market is over or that the bottom is in, even though it does seem that the BTC price is in a decently good place as compared to where we were at for quite a bit of 2022 - especially after about mid-May.. and surely, even then it may not have been very clear how so many of the various scams (and perhaps even attacks  on bitcoin) had failed to really take bitcoin down in any kind of meaningful way.. even though there were a lot of goofballs messing around with over leverage and fractionally reserving it, and surely the attacks don't seem to be over, even though it still is not clear if the odds are very good that a new bottom will come or even if we are going to be going below the 200-week moving average for any significant amount of time.. but yeah.. when it comes to king daddy price specifics, who knows? who knows?

For reference, we can see that the 200-week moving average continues to move UPpity, and is currently at about $26,189

Seems like decently good buying time, and even if you consider BTC price history in light of the 200-week moving average, we have not tended to go below it for very long or stay there very long, yet many of us likely realize that there have never been any guarantees in bitcoinlandia.. and there still are not going to be any guarantees when the status quo financial defenders are seeming to be getting desperate.. and sure are they really going to be able to have any kind of long lasting and meaningful affect on my lil precious, perhaps? perhaps?

The whole situation is likely even more depressing for anyone who actually has any clues about what might be happening but have failed/refused to hedge with bitcoin. 

Yeah, sure some of the hedging with property and having good skills in the market might still allow some of the no coiners and low coiners to live decently well, but it seems that bitcoin still offers some level of an ability to have some comfort in terms of a solid parallel system rather than completely relying upon desperate status quo bankers or the seemingly lost fed folks to be pulling rabbits out of their hats (or maybe out of their asses?) . but yeah  a lot of their talking points are not making a lot of sense, even if quite a few normies seem to be willing to believe their ongoing "everything is o.k." baloney.

im happy to be in this forum as always.

You don't seem to know hardly anything about bitcoin, so I am not sure what you are so happy about, except maybe you are just trying to fake it.

Fake it until you make it, right? 

Try to act like you fit in while you talk about bullshit... and do you believe that you are really helping anything, and sure maybe you are getting paid by the various status quo systems.. so yeah.. you don't want to lose "the good feelings" that people are supposed to have by maintaining their confidence in dollar systems. .right?  You and phillip buying Ibonds until you are green in the face, right?  Someone has to attempt to keep the system going, right?

But when I see posts exaggerating cryptocurrencies,

We are not talking about shitcoins in this thread.

Are you using the term crypto to refer to bitcoin?

If you are then use the correct word, because crypto has hardly any meaning unless you use it in a kind of proper context.

Maybe you should go back and rewrite your various sentences so that guys (and gal) in these here parts will understand what the fuck you are referring to..

Bitcoin?  or some other kind of vague thing?

If you are wanting to talk about shitcoins, then probably you need to go to some other thread, unless you some how want to tie your points (to the extent that you have any points) back into bitcoin?

claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

I will try to read this as if you are talking about bitcoin... and comparing bitcoin to cash or to gold .. and I suppose that it depends on what you are trying to achieve, and what do you believe money is, what's the purpose of money and value?  or what's the role of the various asset classes and how they might be debased, including considering how debt is also a part of the fiat (cash system) and so fiat/cash is debased, which causes a lot of problems with cash - including that it even has a lot of tendencies to debase gold since gold is about 1000x inferior to bitcoin, and perhaps cash is a smaller amount inferior to bitcoin than gold is (at least in the modern world) since cash seems to be largely eating gold's lunch, so there is likely a need to consider that cash may well have been winning the gold cash battle in the past 50 years or more.  But bitcoin is superior to all other monetary assets.. so there is that angle... and most of us in this thread realize the various trade offs enough to know that bitcoin is likely going to be eating the lunch of all of the monetized assets in the coming years, even though it could take many years to play out and to become more and more obvious.


I discussed 'dee cornz' with ChatGPT, by the way. Here are some comments:  Grin.

"-The term "dee cornz" appears to be a creative or playful way of referring to "the coins," which likely means cryptocurrencies in general, with a particular emphasis on Bitcoin (as "cornz" sounds similar to "coins"). It seems to be an informal or slang term used by the person in their response.
-Regarding the term "dee cornz," it appears to be a playful and colloquial way of referring to cryptocurrencies like Bitcoin. The use of "dee cornz" is likely meant to emphasize the importance and potential value of cryptocurrencies. The statement suggests that if someone is solely focused on traditional fiat currencies (such as the dollar) and fails to recognize the issues associated with them, they may miss out on the potential advantages that cryptocurrencies like Bitcoin offer."

Why would "we" give too many shits about what ChatGPT has to say about dee cornz, but in reading that little blurb at least it appears that ChatGPT may well understand dee cornz a wee bit moar better than you seem to, since you yslyv seem to have an ongoing hardon for fiat.   

So who knows whether you are capable of learning or becoming unlost... I suppose that is up to you yslyv...

Perhaps no one can save you from ur lil selfie, unless you want to be saved.
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May 23, 2023, 01:17:45 AM

Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.




Yeah, but now imagine the same scenario at the gym with a face plant like that, but it was a set of cheeks belonging to the sweaty fat dude heading for the shower.
Bet you wouldn’t spend the day there then.
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