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

[Biodom]

Not going to lie, falling from $109,000 to $78,000 was rather unsettling, for me at least. I know we’ve HODLED through similar and even worse corrections in previous bull markets, percentage wise. But for me, it feels a lot worse when you’re watching your net worth dump by so much money. The money involved now is so much more than it was when our coins were losing $40 each per day or something at the same % dip as we saw from $109,000 to $78,000.

I am hopeful that we don’t go below $80,000 again in this bull run now. As some have said already, March 7th could be just what we need to catapult us towards the next big leg up. As Trump’s Commerce Secretary Howard Lutnick said -

“The President definitely thinks that there’s a Bitcoin strategic reserve,” Secretary Lutnick told The Pavlovic Today. “Now there will be the question of, how do we handle the other cryptocurrencies? And I think the model is going to be announced on Friday when we do that.”

“A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick said.

“So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently,” he added.

https://thepavlovictoday.com/howard-lutnick-reveals-trump-to-unveil-bitcoin-reserve-strategy-at-white-house-crypto-summit/

Let’s get ready for fireworks, thie bull party is about to start. Strap in boys, it’s going to be a ride you won’t forget.

An interesting observation.
Physhologically, I felt a 'pinch' too, without rushing any coin for a sale, though.
My self-explanation was that 'it was too soon'.
People still remember the awfulness of a 69->16K move and they definitely don't want to experience something like this again.

Second, it felt that we 'deserve' something better than 9K difference between the top in 2021 and the recent dip..but, bitcoin does not OWE us anything.

We are, of course, talking about a nominal value that those large % swings bring.
However, the coping mechanism is NOT to translate these btc %% moves into $$/pound/euro value...in your mind.

Finally, it looks like Blockstream is coming up with 2-3 funds that can help one cope:the first would put your btc in a multisig and 'give" you a small yield in btc (2-4%).
I know, we were there before with "lending' companies. The difference is in multisig..they cannot lose your btc or re-hypothecate it 'cause you have one of the keys.
Where the yield would come from? Probably from margin interest (they will lend btc to ETFs, presumably).

Second:a fund where you can borrow $$ against your btc (up to 50% of value).

Third-is an alpha fund where you gave them your btc and they could "trade" it around-supposedly with up to 18% return-this is just like a regular hedge fund, but you load it with btc instead of $$.
https://blockstream.com/finance/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

Zelensky [stupid conspiracy theorist bullshit deleted]

Read it somewhere on the internet, huh?
You are disappointing. I thought you were one of the more educated and intelligent among us.
Considering to break my no-ignorelist policy, honestly, WTF?!

Sometimes people don't meet our expectations. And often it's difficult to discern if the problem is the expectations or the person.

Maybe it's best to allow each other different world views. Nobody can know everything of what's going on. We all have our blind spots.

If you don't want a situation like that, maybe the ignore list is the right tool for you.

For me it never was. By listening to others I always gained knowledge - one way or the other.


So if you want, feel free to tell me how you see the original topic...



 

[Gachapin]

Zelensky [stupid conspiracy theorist bullshit deleted]

Read it somewhere on the internet, huh?
You are disappointing. I thought you were one of the more educated and intelligent among us.
Considering to break my no-ignorelist policy, honestly, WTF?!

If propaganda media doesn't tell you something it doesn't mean it doesn't exist. You will understand eventually.... probably...

True that.

In our region (DACH) all commentators and reporters who were unwilling to go with the Zelensky = Angel, Putin = Evil narrative have been removed from their jobs. They still talk about the topic but they are heavily suppressed by the sorts of shadow bans. Same happened during Corona, it's not that there were no "experts" with a different opinion, they were just muted and removed from their jobs too and got labeled as conspiracy nut jobs.
Our western society is now more soviet style than we would like to acknowledge. If you knew the good ole DDR you will feel very at home in modern Europe. Quoting the honorable former under secretary Nuland here: Fuck the EU!

Also there is that pattern of telling everybody in dissent that they are just too dumb and too uneducated to understand the facts - which actually only reveals how poor the understanding of the terms democracy and fact is with these people.

/end of rant from retarded Putler fanboy and antivaxxer tinfoil hat UAP believer conspiracy theorist (I can't really warm for the flat earth thing yet, but I am working on it).

If one side of an argument is systematically silenced, I immediately know that the other is part of a psy-op.

Truth prevails in open discussions; lies usually do not.

(I can't really warm for the flat earth thing yet, but I am working on it).

That was a planted conspiracy theory so that "they" can bundle it together with the real ones to discredit them.
I watched the whole beginning of that flat earth shit. At first it was propagated by E ranked actors on youtube ...  

[Biodom]

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

[OutOfMemory]

Zelensky [stupid conspiracy theorist bullshit deleted]

Read it somewhere on the internet, huh?
You are disappointing. I thought you were one of the more educated and intelligent among us.
Considering to break my no-ignorelist policy, honestly, WTF?!

Sometimes people don't meet our expectations. And often it's difficult to discern if the problem is the expectations or the person.

Maybe it's best to allow each other different world views. Nobody can know everything of what's going on. We all have our blind spots.

If you don't want a situation like that, maybe the ignore list is the right tool for you.

For me it never was. By listening to others I always gained knowledge - one way or the other.

Agree, but there are limits. Debunked and uncreditable "knowledge", for example.
You do you 

So if you want, feel free to tell me how you see the original topic...

Here: https://bitcointalk.org/index.php?topic=178336.msg65135333#msg65135333
I don't want to type it again.

[philipma1957]

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

a 15-20k candle in under 24 hours would be a new record in terms of $gain.



% gain you would need to start say Nov 2013. as we sometime had huge swings of 100% or more in the early 50 coin block era.

[Gachapin]

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

I expect the market to fuck us up real hard before we leave 100k to the upside for good - probably in Sep or Oct.

Can't have weak handed tourists riding the bull to 250k+

[Arriemoller]

Hello, Ukraine is still winning, just wanted to make sure you don't forget

Bye.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Neither conspiracy theorist nor conspiracy denier be.

Keep an open mind.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Neither conspiracy theorist nor conspiracy denier be.

Keep an open mind.

My mind is open to blocking buddy

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

Zelensky [stupid conspiracy theorist bullshit deleted]

Read it somewhere on the internet, huh?
You are disappointing. I thought you were one of the more educated and intelligent among us.
Considering to break my no-ignorelist policy, honestly, WTF?!

Sometimes people don't meet our expectations. And often it's difficult to discern if the problem is the expectations or the person.

Maybe it's best to allow each other different world views. Nobody can know everything of what's going on. We all have our blind spots.
If you don't want a situation like that, maybe the ignore list is the right tool for you.

For me it never was. By listening to others I always gained knowledge - one way or the other.
So if you want, feel free to tell me how you see the original topic...

Do you really believe what you are saying?

I agree that even though sometimes we will call others dumb as a kind of exaggeration, I tend to believe that every person has some kinds of knowledge and/or things that they are good at.. yet at the same time, there are some people who are very, very, very basic, and it becomes quite difficult to learn anything from them... except maybe to attempt to have some patience while they might be communicating some of their triteness.

And, there are other people who have very challenged communication skills, so it can be quite difficult to learn from those kinds of folks, too.

I don't ignore members, but surely there are quite a few posts that I struggle to read, perhaps skim or perhaps just skip reading completely out of an assumption that it is going to be quite difficult to garner anything of value from the contents of what they are saying.

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

Passing thought:  If you cannot beat the sorcerer wannabes, join them.

Here goes:

Does that greenie candle included a new ATH or no?

If sí, then you go girl!   

If sí, then Philip will end up being wrong about his no new ATH until October/November.



- not that I, personally, would want our good ole WO buddie Philip, milip, to be wwwwwwwrrrrrrrrooooooooonnnnnnngggggggg. 

[philipma1957]

Zelensky [stupid conspiracy theorist bullshit deleted]

Read it somewhere on the internet, huh?
You are disappointing. I thought you were one of the more educated and intelligent among us.
Considering to break my no-ignorelist policy, honestly, WTF?!

Sometimes people don't meet our expectations. And often it's difficult to discern if the problem is the expectations or the person.

Maybe it's best to allow each other different world views. Nobody can know everything of what's going on. We all have our blind spots.
If you don't want a situation like that, maybe the ignore list is the right tool for you.

For me it never was. By listening to others I always gained knowledge - one way or the other.
So if you want, feel free to tell me how you see the original topic...

Do you really believe what you are saying?

I agree that even though sometimes we will call others dumb as a kind of exaggeration, I tend to believe that every person has some kinds of knowledge and/or things that they are good at.. yet at the same time, there are some people who are very, very, very basic, and it becomes quite difficult to learn anything from them... except maybe to attempt to have some patience while they might be communicating some of their triteness.

And, there are other people who have very challenged communication skills, so it can be quite difficult to learn from those kinds of folks, too.

I don't ignore members, but surely there are quite a few posts that I struggle to read, perhaps skim or perhaps just skip reading completely out of an assumption that it is going to be quite difficult to garner anything of value from the contents of what they are saying.

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

Passing thought:  If you cannot beat the sorcerer wannabes, join them.

Here goes:

Does that greenie candle included a new ATH or no?

If sí, then you go girl!   

If sí, then Philip will end up being wrong about his no new ATH until October/November.



- not that I, personally, would want our good ole WO buddie Philip, milip, to be wwwwwwwrrrrrrrrooooooooonnnnnnngggggggg. 

I wiuld prefer to see 112k very very very soon 🔜

[goldkingcoiner]

Neither conspiracy theorist nor conspiracy denier be.

Keep an open mind.

What if that's exactly what they want us to do? We should close our minds.   But seriously what if we live in the Matrix?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Neither conspiracy theorist nor conspiracy denier be.

Keep an open mind.

What if that's exactly what they want us to do? We should close our minds.   But seriously what if we live in the Matrix?

We more likely are in an altered carbon state .

https://www.imdb.com/title/tt2261227/

[JayJuanGee]

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

a 15-20k candle in under 24 hours would be a new record in terms of $gain.

% gain you would need to start say Nov 2013. as we sometime had huge swings of 100% or more in the early 50 coin block era.

Since we are talking about dollar rises in the BTC price, and the percentage is less than previously, that signifies that supra $20k and even $100k daily candles (or at least those kinds of price rises) are most likely to be in the mix in the coming years.

15-20K green super candle on Thu, 12-15k bart-down on Fri?
I wouldn't be surprised  .

I expect the market to fuck us up real hard before we leave 100k to the upside for good - probably in Sep or Oct.

Can't have weak handed tourists riding the bull to 250k+

You and Phil on a similar page, and you are coming off as even more bearish.. if that is possible?

I doubt that UPpity is as difficult (or infeasible) as you (and philip milip) are imagining such UPpity to be.

Sure, it is possible that your prediction could end up being correct, yet it still seems to me that the odds are against uies (and your variations of bearishness and lack of UPpity in the midst of an already happening bull market)....  even in a bettable way... 50/50 bet or perhaps negotiably other levels of agreed to odds depending on the details of such bet terms.

Hello, Ukraine is still winning, just wanted to make sure you don't forget

Bye.

Elaborate.

Bye.

But seriously what if we live in the Matrix?

I wonder, is there a difference between living in "the Matrix," and living in a simulation?

We more likely are in an altered carbon state .

https://www.imdb.com/title/tt2261227/

Are you living in a fantasy?

Snap out of it.  Too much TV is not necessarily good for the employment of critical thinking skills.

Personally, I am not a very BIG fan of  the living in a simulation idea.