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

[Torque]

we keep telling ourselves these stories

these charts do not look good

So if you are so nervous, what is your "I'm out" price?

[1714960850]

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[jojo69]

we keep telling ourselves these stories

these charts do not look good

So if you are so nervous, what is your "I'm out" price?

and sell at the bottom?  please

rather wishing, however, that my "I'm out" price had been at the daily MA cross..which even with the losses incurred in 2 false signals would have been well in excess of 13K

[Torque]

we keep telling ourselves these stories

these charts do not look good

So if you are so nervous, what is your "I'm out" price?

and sell at the bottom?  please

rather wishing, however, that my "I'm out" price had been at the daily MA cross..which even with the losses incurred in 2 false signals would have been well in excess of 13K

Meh, I wasn't motivated to sell at $19k, $17k, $13k, and not now at $10k. And I'm fully aware that the market could bottom at ~$5-6k. In fact I'd just be looking to add to the stack if we hit that.

Here's the thing: ETFs, ETFs, ETFs. They are coming! Wallstreet knows this. What do you think will happen to the price when Bitcoin ETFs come online? Do you really want to be out of bitcoin when that happens? Do you honestly think that you'll get advanced notice?

[Ibian]

So there is a red pill coin coming out. In less than 24 hours.

Are YOU red pilled enough to get some red pills? Are yah, cuck?

[Arriemoller]

So there is a red pill coin coming out. In less than 24 hours.

Are YOU red pilled enough to get some red pills? Are yah, cuck?

Had "en lille en" have we?

[mymenace]

Dont you find it odd all these hacks, regulations, bans and scam exposure come out at once

a lot on this forum knew about it for months/years

so why the news happening all at onc...




Fear, we want your cheap coins (Remember Davos)

yum yum yum

[UnDerDoG81]

Dang. Now I bet we get some FUDs and Bitcoin will be at 3k ish soon. I cross my fingers that 9k holds 

[Ibian]

Dang. Now I bet we get some FUDs and Bitcoin will be at 3k ish soon. I cross my fingers that 9k holds 

Dude you have no idea how much I want that. I would still be sitting on big profits by any normal standard, and have fiat available from the clonecoins to buy up.

[TERA2]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

[Paashaas]

Dang. Now I bet we get some FUDs

Bloomberg has updated their article to include that the subpoena was sent December 6th, this old news = FUD made panic sellers 

[Enjel]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.

[Genesis1337]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides trading profits?

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry." 

[JayJuanGee]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.

[Heater]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

Your answer can be found in the BitConnect marketing manual.

[TERA2]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.

If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)

[Ibian]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

Why would you even want to do that? Or anyone for that matter.

Realistic scenarios are the only ones worth considering.

[Ibian]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.

I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.

[Ibian]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.

If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)

Which are noble goals. Where is your objection?

[thisisntbic]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?

You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.

If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)

Which of those payment methods are you in control of all your own money?
Gpay, VISA, Venmo: all built on top of the banking infrastructure, who hold your money and issue you IOUs. Replace banks with bitcoin, which is in your control.

[Enjel]

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.

I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.

In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.