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

[WatChe]

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

Bitcoin is going down after a long time, so just grab as much as you can.

[goldkingcoiner]

Bitcoin seems to have discovered a nice support @84K. Called it.

[OgNasty]

Bitcoin seems to have discovered a nice support @84K. Called it.

Things got pretty rough last night. I was watching it hitting $78K thinking that people had clearly sold off way too much for what was happening. I think that was the last shakeout before the bull run to new highs resumes. Congrats to those who managed to score any coins under $80K. I bought $250 worth.

[cxtreenal]

https://x.com/Saylorsatsire/status/1895517251442528257

Expand your horizons in Bitcoin. Your sky is not small.
You just pile on endlessly. Rise above fear.

[fredericktaylor]

Loomis believes that Bitcoin, viewed as a reserve asset, will become a valuable asset in the future, just like gold or other storable assets.  Loomis thinks some states could stockpile bitcoin on their own without waiting for a decision from the federal government.  Loomis argues that hoarding bitcoins would create a strong buffer against the devaluation of the dollar.
Loomis has always advocated for crypto-friendly policies and is trying to increase the acceptance of Bitcoin in the United States.  
Senator Loomis' statement indicates that in the future some US states will independently adopt Bitcoin as part of their economic strategy.



https://x.com/BitcoinMagazine/status/1895526271423299918?t=q5dz0CdBLHoLY3jum3-UuQ&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

Bitcoin seems to have discovered a nice support @84K. Called it.

Things got pretty rough last night. I was watching it hitting $78K thinking that people had clearly sold off way too much for what was happening. I think that was the last shakeout before the bull run to new highs resumes. Congrats to those who managed to score any coins under $80K. I bought $250 worth.

This is the last time we are seeing Bitcoin under 90k. Take advantage of it and grab as much Bitcoin a you can 

[vapourminer]

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

[Biodom]

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

I joined later, but also recall times when spending 2-8 btc on something was just a regular purchase, like a miner or something similar. there never was a feeling of 'oh my g-d, I overspent'.
I wish that I never spent that btc, but all that spending helped btc to grow, imho.

[Biodom]

...They nuked the market to buy in cheap.

That's the only way to be sure...[of extraordinary profits faster].

https://www.youtube.com/watch?v=aCbfMkh940Q

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Well when the difficulty adjustment is THERE we will be at THE FINAL hashrate ATH.

[eXPHorizon]

https://www.youtube.com/watch?v=Y2RQ8YkqeEU

This song/game is not for the average bljatcoiner but for the ones who understand what life really is about...

The Peak.. of Gaming...

[JayJuanGee]

note to self:
Carnage is just a colloquial expression to overdramatise and allow engagement in a more-than-normal situation in corn Wall Observing.

Yes watch out with the lanuguage or you'll have Jay accusing you of being a panic driven bear when you're actually not.

Exactamente!!!!!

I lash out randomly, outrageously and with little to no justification in the direction of any and all signs of bull market denial-isms.  shoot first and ask questions later.. like a psychodad

Bitcoin seems to have discovered a nice support @84K. Called it.

Things got pretty rough last night. I was watching it hitting $78K thinking that people had clearly sold off way too much for what was happening. I think that was the last shakeout before the bull run to new highs resumes. Congrats to those who managed to score any coins under $80K. I bought $250 worth.

This is the last time we are seeing Bitcoin under 90k. Take advantage of it and grab as much Bitcoin a you can 

You have not learned your lesson about making absolute assertions?  Hopefully,  you get your lightning network wallet set up before your next bet.

i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.

so tldr version: keep stacking

If you entry point was $10 then you must be a Bitcoin whale by now  

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

Can you afford to pay a 30,000 sat bet on lightning network?

[serveria.com]

Does sound a wee bit whiny... especially since it seems to me that you must be doing something wrong if you are saying that you are more poor today as compared to 2017 (inflation adjusted or whatever.. 

Please re-read my post carefully, I compared current price with the previous cycle's top (2021 not 2017).

and even going by your forum registration date, you just got here during the later portions of the 2017 run, to the extent that you might have had started to buy BTC in 2017, yet even if you did not blow your whole wadd in the peak of 2017, you would have had 2018, 2019 and  2020 to accumulate bitcoin.. Holy fucking shit, there would have been, and should have had been opportunities to stack some sats in the past nearly 8 years, even if you had front-loaded your BTC investment in BTC at some point in late 2017.

So for example, if you had invested $100 per week into bitcoin starting from your forum registration date, you would have had invested nearly $40k, and accumulated nearly 3 BTC.    Yet you could have accumulated an additional 7 BTC or so, if you had been able to front load your investment into BTC with another $40k somewhere towards the beginning of the time that you came to the forum.  So that could have had been 10 BTC with $80k invested (those are mindrust amounts of BTC) .. and surely would not be a bad place to be and even should have had put you better off today as compared to BTC, especially if you had been able to focus on BTC, even if your dollar availability amounts might have had been different than the amounts I outlined as a possible budget.

This is my second account on this forum, my original one got hacked. Most of my coins are from 2011.

[vapourminer]

If you entry point was $10 then you must be a Bitcoin whale by now 

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

I joined later, but also recall times when spending 2-8 btc on something was just a regular purchase, like a miner or something similar. there never was a feeling of 'oh my g-d, I overspent'.
I wish that I never spent that btc, but all that spending helped btc to grow, imho.

yup i remember trading early cheap btc for custom power cables and adapters, oddball mining stuff and such. these adapters etc are now valued hundreds of thousands of dollars haha. 

like many of us have "thousand dollar" towels. or "10 thousand dollar" table lamps from back in the day.

it was cool exploring this new "bitcoin" thing. i mean it. it was different back then.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com