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

[ChartBuddy]

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[BitcoinBunny]

OT

Indiana Jones and The Dial of Destiny

Meh. Not terrible. Some bits are actually good (the beginning and de-aging stuff) but there are some terrible bits too, some strange decisions and not a very interesting adventure at all in my opinion.

That damn Helena bitch takes over towards the end and is just irritating as fuck. Cocky Mary Sue bollocks.

If Indy had been the one jumping onto the plane from the motorbike (seemed very Uncharted-esque that sequence) with people cheering him on (like in Raiders with the submarine scene) and hearing the theme it would have been SO much better! It could have made the movie!

Bit of a sad ending somewhat but like I said not terrible.

Always thought they left a potential Indiana Jones and The Fate of Atlantis movie on the table.
Crystal Skull and this Archimedes Dial / Battle of Syracuse nonsense are just not on the same level as The Ark of the Covenant and The Holy Grail at all. Atlantis would be surely. Maybe combine that with a short time travel thing so you can quickly see what Atlantis would have looked like in its heydey (if it existed).

Maybe it's my ears but I found some of the dialogue muffled and unclear.
Again, some of the production quality is excellent and some of it is just bad.

Strange experience. I enjoyed The Flash and Fast X more. I shouldn't be saying that about an Indiana Jones movie.

6/10

[ChartBuddy]

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[BitcoinVSfiat]

It took you nearly 5 years?  Wow.  I thought my recall was slow when it took a day or two to recall an old acquaintance's name.  You must have uncovered one helluva trigger!

He was probably in a coma, you know, one of those comas where you forget your past habits and wake up speaking a different language. Happens all the time.

Different language? How did you come up with that bullshit? I write English since my first post here.

Thanks for reminding me how hostile this place is though. No wonder why all the old users left.

[ChartBuddy]

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[aesma]

Oh lookie, we still here. Same price range, different day.

Get used to it guyz....

Well at least they are consistent.      

Fear not tho, we are in a long term accumulation phase...

Days and prices are inconsistent but you said accumulators are heading up, So how long do you think DCA and accumulation really worth.
Because DCA can also wrong in some cases as i was reading thread in trading discussion i am not really sure because its 2 3 weeks back time, the whale accumulator faced a major loss by just adopting the wrong time for the DCA he kept on accumulating during the downfall and after loosing patient He sold most for the assets in a major loss.

Weak point was wrong buying and selling point but at least he kept on holding with the courage to accumulate for around 1 year with massive value.

That's not DCA that's trading.

DCA is buying at regular intervals as a long term investment with spare money, there is no selling involved.

[ChartBuddy]

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[JayJuanGee]

It took you nearly 5 years?  Wow.  I thought my recall was slow when it took a day or two to recall an old acquaintance's name.  You must have uncovered one helluva trigger!

He was probably in a coma, you know, one of those comas where you forget your past habits and wake up speaking a different language. Happens all the time.

Different language? How did you come up with that bullshit? I write English since my first post here.

Thanks for reminding me how hostile this place is though. No wonder why all the old users left.

Sucks to be "us"...

Lonely in these here parts.

 

[Gachapin]

Buckle up, buckaroos.

Coin up, coinaroos.
 

That's a very cornie expression....

1)
Trading rule based on S2F model. Buy BTC 6 months before halving and sell 18 month after halving. Outperforms BTC buy&hold in both return and risk....
https://twitter.com/100trillionUSD/status/1650778260442062848
2)
Quant Investing 101
https://planbtc.com/20220807QuantInvesting101.pdf

But who knows how long we can rely on the previous cycle performance. You never know if next time will be different ....

My rule 0 is someone has a better model than you unless this is something you do full-time and their gain will likely be your loss.

overlooked your comment.

True. Cannot argue with that. One could add that it's not only about the better model but also about the deeper pockets.

I have issues with these various theories about "manipulation," and sure bigger players might be able to play their hands better, and they might even have some abilities to get access to insider information (or perhaps even see how the markets might move with their own deployment of capital); however, most people still have to figure out their own strategies, including figuring out how much they are even going to enter into the game.

And, yeah, maybe we (the three of us) are saying similar things, but still I get senses of futility coming out of both of you (Gachapin and Richy_T).. or at least you seem to be somewhat heavily subscribing to ideas that the cards are stacked against the little guy... and maybe that is somewhat true, but not so much with bitcoin.  Bitcoin is and has been an investment in which the little guy (retail) have been able to front run the BIGGER players, and since we are still early (believe it or not), the little guy (retail) can still front run the BIGGER players.. even if s/he is a newbie no coiner or a low coiner - who might be in the earlier stages of building the size of his/her bitcoin stash.

So who cares whatever the supposed manipulators are doing and their various strategies, the little guy (retail) can figure out his own situation and attempt to be as aggressive as he feels (believes) that s/he is capable of being in terms of stacking sats without getting reckt.. and the information is already available to him/her.. stack as many sats as you can, and likely in 4-10 years (or maybe a little longer) you will be in a much better place.. so long as you have been mostly focused on accumulating through various buying strategies, such as DCA, buying on dips and lump sum buying, and don't be fucking around with selling as an accumulation strategy, until you are well into profits and until you are largely over invested in bitcoin.. and ONLY you can figure out those various thresholds.. perhaps practicing and studying along the way, and don't get too worked up or worried if their might be some folks (such as BIG players) who you believe that might be doing better than you, when in fact, since you are still early, there are a lot of players, including BIG players who still have little to no clue about the idea of building a bitcoin portfolio and aggressively stacking sats.

I think you are mixing up two things a bit here JJG.
Me and Richy_T were talking about trading not accumulating and hodling.  Going in an out the market to maximize profits, opposed to just buy & hold.

Surely you recognize that when it comes to trading the little guy has definitely a disadvantage against bigger players. They have deeper pockets, more sophisticated analysis tools and often inside info (of exchanges and other big players).

So I'm on the same page with you that the best strategy for the little guy is to accumulate as much as possible. Especially since he's able to frontrun institutions that have no possibility yet to accumulate due to regulatory issues.



  

[aesma]

As an aside, do you think it's possible to manipulate the share price of a 12 billion dollars company, using trading only ? No FUD, no "activist investor" writing "research papers", the news about the company are business as usual/as you would expect, yet some people argue the price is kept down, in particular by the biggest shareholder (the founding family).

I'm talking about the company I work at, I have a sizeable amount of shares and the price is indeed a bit low for my tastes. Analysts consistently say it should be about 20% higher, but that doesn't happen.

The founding family is regularly buying millions of shares, increasing their holdings bit by bit. Along with employees like me they already hold a majority of voting rights, but not yet a majority of shares, although it's getting close (employees have more than 20%).

So how would they keep the price low, while at the same time buying shares ? I don't get it.

The company is a member of the French CAC40 so it's not like nobody is watching, on the contrary...

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[xhomerx10]

It took you nearly 5 years?  Wow.  I thought my recall was slow when it took a day or two to recall an old acquaintance's name.  You must have uncovered one helluva trigger!

He was probably in a coma, you know, one of those comas where you forget your past habits and wake up speaking a different language. Happens all the time.

Different language? How did you come up with that bullshit? I write English since my first post here.

Thanks for reminding me how hostile this place is though. No wonder why all the old users left.

 In fairness to us hostiles, dormant accounts which have awakened after an extended period of time are generally not controlled by the original owner.   You'll have to forgive our skepticism if you expect us to forgive you abandoning us.  You could have created a new account to let us know you were okay rather than leave us hanging for 5 years.  Also, we might have helped you recover the account so you didn't have to wait for the right combination of synapses to fire.

 Seriously, how did you remember?  Was it ginko biloba?   Maybe high doses of B₁₂?  Double espressos?

[ChartBuddy]

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[Out of mind]

Bitcoin Becoming more centralized every day

[ChartBuddy]

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[bitebits]

https://twitter.com/saylor/status/1674025857063571456
https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-12333-bitcoins-and-now-holds-152333-btc_6-28-2023

Seems buy the rumour sell the news still holds today, but only interesting for those day trading:

- MicroStrategy BTC purchase announcements tend to be followed by short-term negative price action in BTC, as the market absorbs the fact that certain buy-side liquidity has left the market.
- Since 2020, bitcoin has registered an average daily return of negative 2% on days of MSTR announcements. The average weekly return following MSTR's announcement is slightly positive.


https://finance.yahoo.com/news/microstrategys-bitcoin-purchases-tend-short-142218974.html

[ChartBuddy]

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[ChartBuddy]

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