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

[Bossian]

The middle-long term trend is veryyyy nice though 

[1714179795]

1714179795

[1714179795]

1714179795

[1714179795]

1714179795

[1714179795]

1714179795

[Syke]

Christians believe that Christ has already come to save us.
Jewish people believe the messiah has yet to come.
You cannot be Jewish and Christian in my books...

I don’t believe but I just wanted to note this fact...

Because the Jewish people are not the same as the Jewish religion. Jews can convert to other religions, and other people can convert to Judaism.

[fillippone]

I know it's scary, but the %age of user that actually haven't used a floppy disk is quite embarassing.
We are old.

One of the fondest memories is playing Monkey Island II with only 14 (fourteen) floppy disk to swap bask and forth, with that ba*stard faulty 7th disk that crashed every time.
 

[VB1001]

https://www.usdebtclock.org/

US debt, in real time. Not suitable for cardiacs.




https://usdsat.com/

This is to compensate for the debt chart.

[Bossian]

It's funny how many characters are similar in Chinese and Japanese, yet they do not pronounce the same at all. Only the 3rd character is Japanese, the 4 others are originally Chinese characters, I can read them, know what they mean, yet have no idea how to pronounce them in Japanese. On a side note, indeed the floppy disc icon should be replaced by something else, it's 2019 ffs   It's hilarious now that I think of it, it does look like a vending machine. Amazing how the beverage can still stands after falling from like a meter high.

[El duderino_]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then.... 

[VB1001]

This Country Will Legalize And Tax Bitcoin Salary Payments From September

Paying Salaries With Bitcoin
The Inland Revenue Department of New Zealand issued a statement which clarifies the matter of cryptocurrencies being used to pay for salaries in the country.

According to the document, there are several cases where employers will be able to pay salaries with crypto assets. This will be possible when they are devised for payments for services performed by the employee under a functional employment agreement, when it’s for a fixed amount or when it is a regular part of the employee’s remuneration.

Now, it’s also worth noting that the ruling only applies to salary and wage earners. In other words, self-employed taxpayers won’t be able to take advantage. Moreover, this won’t be possible if the payment is subjected to a lock-up period and only if the cryptocurrency can be converted directly into a fiat currency.

https://cryptopotato.com/this-country-will-legalize-and-tax-bitcoin-salary-payments-from-september/

[Bossian]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then.... 

Because I bought already at 9.4k.

[ivomm]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then.... 

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

[NeuroticFish]

One of the fondest memories is playing Monkey Island II with only 14 (fourteen) floppy disk to swap bask and forth, with that ba*stard faulty 7th disk that crashed every time.

I remember I've asked all friends' floppy disks to transfer NetQ Rally from somewhere. Iirc it was about 100MB. Of course, some of the disks have failed, but I was careful enough and I asked the guy I got it from to keep the archives for a couple of days until I am sure.

Last time I've had a 1.44 floppy in hand was a few years ago, somebody gave it to me to look at the sun for a (partial) eclipse (!).

[fillippone]

One of the fondest memories is playing Monkey Island II with only 14 (fourteen) floppy disk to swap bask and forth, with that ba*stard faulty 7th disk that crashed every time.

I remember I've asked all friends' floppy disks to transfer NetQ Rally from somewhere. Iirc it was about 100MB. Of course, some of the disks have failed, but I was careful enough and I asked the guy I got it from to keep the archives for a couple of days until I am sure.

Last time I've had a 1.44 floppy in hand was a few years ago, somebody gave it to me to look at the sun for a (partial) eclipse (!).

AH!
This is actually really dangerous, the floppy disk are really inadequate for the scope.
Glad you didn't lost your sight.
For sure you saw a shitty eclipse...

Floppy disk media have a marginally safe infrared transmission, and produce poor quality images of the solar disk. The magnetic media scatters visible light to the extent that one sees a dull red disk surrounded by a broad halo of red light. I would not recommend using this material for a solar filter.

http://www.mreclipse.com/Special/filters.html#table1

[NeuroticFish]

This is actually really dangerous, the floppy disk are really inadequate for the scope.
Glad you didn't lost your sight.
For sure you saw a shitty eclipse...

I didn't look too long, since I didn't read about it I didn't trust the safety of that method.
And indeed, it was not a great experience.

At the end I've just searched on the internet for much better views / movies.

[nutildah]

I wonder what they should change the "Save" icon to...

True, floppy disks are just completely irrelevant.

Can't change it to a CD because they are nearing irrelevance.

The "Save" icon is iconic, but antiquated.

What would be a decent replacement?

[Bossian]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

[NeuroticFish]

The "Save" icon is iconic, but antiquated.

What would be a decent replacement?

For now the USB stick or even the HDD icon should do. Nowadays they are common enough.
Or, for the antiquity lovers, the punch card. 

[fillippone]

I wonder what they should change the "Save" icon to...

True, floppy disks are just completely irrelevant.

Can't change it to a CD because they are nearing irrelevance.

The "Save" icon is iconic, but antiquated.

What would be a decent replacement?

No replacement.
Documents are continuously saved, as in Google drive.

[HairyMaclairy]

I wonder what they should change the "Save" icon to...

True, floppy disks are just completely irrelevant.

Can't change it to a CD because they are nearing irrelevance.

The "Save" icon is iconic, but antiquated.

What would be a decent replacement?

This is a good question.   I think it is time to stop trying to imitate things in the real world (skeuomorphism) and come up with a completely new icon.

Maybe an arrow that goes to the right and then bends 90 degrees straight down - meaning saving the document down.

*edit* you still need a “save as” icon?

[fillippone]

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin too, so be alert WO gang: when someone send you some sats, be safe!

[mindrust]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Yep. You mastered it. That's also exactly what I am doing. But I am not sure about the $50k part. I will dump some when it reaches 50k that's for sure but probably not all of them. I believe it can do a fomo fump to $80k+ but it will stay there only for 1 or maybe 2 days before collapsing. If your coins happens to be not on an exchange at that time, you are effed. Or prepare to pay $500 for a transaction.  

Edit: I realized you are thinking to invest all your free money. That's not exactly what I do. I invest %20-40 of that free money but it used to be higher when btc was below $10k. At some point I was going all in with my free money but not now. This shit is complicated and I don't think anybody knows what he is doing. If btc goes to zero right now, oh man that would be so big it would trigger a world war. Think about all those people and their life savings in btc. :O

[Bossian]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Yep. You mastered it. That's also exactly what I am doing. But I am not sure about the $50k part. I will dump some when it reaches 50k that's for sure but probably not all of them. I believe it can do a fomo fump to $80k+ but it will stay there only for 1 or maybe 2 days before collapsing. If your coins happens to be not on an exchange at that time, you are effed. Or prepare to pay $500 for a transaction.  

Edit: I realized you are thinking to invest all your free money. That's not exactly what I do. I invest %20-40 of that free money but it used to be higher when btc was below $10k. At some point I was going all in with my free money but not now. This shit is complicated and I don't think anybody knows what he is doing. If btc goes to zero right now, oh man that would be so big it would trigger a world war. Think about all those people and their life savings in btc. :O

Fair enough, I appreciate the constructive opinion.

But the difference between guys like me, and arrogant guys like ivomm (ivommit?) is that the second lot will likely never dare to sell on time.

I have sold several times since I first bought in 2017, and what was 1 BTC originally became 1.38 BTC with time. That's what "know-it-all" ivommit does not understand  

Bitcoin price has some many ups and downs that it is quite easy to do, much easier than on the stock market.

I won't lie, sometimes I had to wait 8 months for the price to go where I wanted, but it always went there eventually. I dared to press the sell button and that will help in the future, people who never pressed the sell button may feel incredibly nervous to the point that maybe they will never sell until BTC disappeares? (let's be honest BTC dying is also a possibility).  



PS: about the edit part, I was obviously sarcastic about buying 700 euros of BTC per month (my average monthly savings), that would be incredibly dumb to do. No need to explain why.