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

[shahzadafzal]

That’s one way to view it

“USA Spot #Bitcoin ETFs bought over 9,000 #BTC yesterday, while miners only produced ~900 BTC 👀”



https://x.com/bitcoinmagazine/status/1762554383940599842?s=46&t=EYlgQnpcCaCtcz2k1MwkNg

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xzy887]

No matter what you do, you need to know about Bitcoin. The sooner you know, the sooner you can buy bitcoin.  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

That’s one way to view it

“USA Spot #Bitcoin ETFs bought over 9,000 #BTC yesterday, while miners only produced ~900 BTC 👀”



https://x.com/bitcoinmagazine/status/1762554383940599842?s=46&t=EYlgQnpcCaCtcz2k1MwkNg

[philipma1957]

finally a new poll

yeah 65 vs 48

every one (18 to 3 ) picks 65.

not so sure we don’t tank hard.

but i will pick 65k

[bitebits]

someone brought up Mindrust, and I hope that person is OK mentally given the conditions.

This entire forum could be compiled into a prophetic text. For the Old Testament and literal word of the creator, we have early devs and Satoshi. Then our New Testament is full of pages, with many parables from this WO thread. The pages of AdamsBigBlock, the parable of the R0ach, the parable of Mindrust, etc.

Really, our belief system is to not trust, but verify. And collectively, we all want that sweet church tax-break.

I have lost as much as him just because of a emergency I needed funds for before the market spiked and I was never able to get it back.

Sometimes reality really hates me.

He knows he made a mistake listening to his favorite astrologer (which I actually warned about) and doesn't need us to rub it in.

Taking enjoyment out of others misfortune is a sign of a very low moral compass.

Moral of the story is to always try to keep savings in because honey badger don't give a shit!

 As I recall, he didn't lose anything.
I thought he just broke even and decided to get out with his $40k while (he figured) the gettin' was good?

yep. he got out at the same price he got in (almost)

Bitcoin just isn't for you, if you can't stomach paper losses in your first cycle... 

In fact it was the price approaching his average buy price what apparently broke him. Even if he just hours before he was in the mood of shouting sorta like "bring more dump to me so that I can buy moar".... Even if he had just reached his personal record and long time awaited 10 BTC round figure... But somehow he was suddenly broken by the price going under his average price... something that, I think, he never experienced before. Also he suddenly felt that all the money he had put into his "buying" was much more than he could afford to lose. Say overinvested if you want... whatever you name it... it was the perfect storm... for him. He broke.

He sold, on the way down, somewhere around 4.5K and 4K.... the lowest spike went to around 3.8K IIRC. So, yeah, almost at the lowest point of the dump. He even had a couple days to rebuy at more or less the price he had sold it all. He decided not to even if some people here tried really hard to make him reconsider his position when he could still undo it at more or less the same price he sold.

I sometimes wonder if I could have done anything to make him not make that "mistake" (easy to say afterwards but it was a really ugly night) when he was basically announcing what he was about to do in "real time" but.... First of all I couldn't believe he was serious in his "going FULL out" (Had to ask him twice if he really mean it), second it was a very ugly moment and no one could be sure how low it could dump and third, I think I was very vocal that while he was selling I was buying with all my leftovers on exchanges with the intention of riding the dump to whatever price it would take.

Anyways, time later he seemed ok with his decision and was doing forex (USD) trades and supossedly doing reasonably good on it. So, even if it probably wasn't as much profitable as Bitcoin has been afterwards... I hope he did "good enough" and is enjoying a good life.

And I better stop here because... while ending this post... somehow it also came to my mind the names of BlindMayorBitcorn, VB1001.... and several other GOOD MEN that were left behind (AFAIK) along this long road.

P.S.: And, btw, it was NOT his first cycle... but his second one... In the first one he ALSO sold it all to buy some stuff he wanted (an Ipad among other things) and he was always saying this time he wasn't gonna make the same mistake. He did. I guess some lesson can be extracted by this sad story and at least something positive learned from it.

Excellent summary Bitserv. Mindrust is just an example but there are of course many silent Mindrust out there. RIP, except for the ones who turned into vocal Bitcoin haters. It might make Mindrust feel a bit better that I purchased three of his coins at the time and hodling tight?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

Mindrust is still active on Bitcointalk unfortunately he did not return to WO.

He rebought some coin at higher prices, nevertheless he will suffer for the rest of his life the higher the price the bigger the psychological pain.

[WatChe]

57k$ Celebrations. Can anyone guess name of this dish?

To the moon.

 Chicken Karahi

Correct.

You seem very much familiar with South Asian dishes, aren't you?

57k$ Celebrations. Can anyone guess name of this dish?

To the moon.

goat meat in tomato sauce?

It's chicken cooked with tomatoes and other local spices

Chicken lips.



Gross.

But the dish I post has normal chicken meat less chicken lips.  

[OutOfMemory]

That’s one way to view it

“USA Spot #Bitcoin ETFs bought over 9,000 #BTC yesterday, while miners only produced ~900 BTC 👀”



https://x.com/bitcoinmagazine/status/1762554383940599842?s=46&t=EYlgQnpcCaCtcz2k1MwkNg

I need to update my sources. I was checking ETF net flows yesterday, and the latest data was from Feb. 23st  
Still almost only GBTC outflow volume, (almost) all other ETFs posive inflow. Would have been interesting to look at the monday data...
However, it seems to me that resistance around $57.3k is weakening by watching the exchange charts. Looking good.


@lightfoot:
Some people are missing in here, Arriemoller for example (started a job and has no time, he wrote in his last post), not to speak of the ole OG's like LastoftheV8s, HairyMacLairy (spellcheck off). Call me sentimental, but it looks llike i am  


AI nocoiners?
Maybe artificial, but
not intelligent.

#randomhaiku

[vroom]

[Paashaas]

Going to hit the gym with the expectation that corn will be atleast $58.000 when back home.

[OutOfMemory]

Can't wait until the chopper transforms into a rocket, on its way up with $10k increments  

Going to hit the gym with the expectation that corn will be atleast $58.000 when back home.

Pump, pump, pump, pump it UP  

EDIT: Looks like you can go back home before arriving at the gym front door 

[DirtyKeyboard]

ChartBuddy's 24 hour Wall Observation recap
..
All Credit to ChartBuddy

[El duderino_]

🚁

[El duderino_]

Going to hit the gym with the expectation that corn will be atleast $58.000 when back home.

Just woke up @a coiners morning hour
Happy to see the chopper

Going to the CrossFit in an hour

[OutOfMemory]

Going to hit the gym with the expectation that corn will be atleast $58.000 when back home.

Just woke up @a coiners morning hour
Happy to see the chopper

Stay tuned, looks like a breakfast pump  

EDIT: About 85% of ATH reached, yet.