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

[JayJuanGee]

Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

IIRC, you played your cards really well (converted the altcoins into BTC at the peak) and ended with around 50BTC a couple of years ago. WTF did happen?

I didn't convert them all. That was the value if I had. So yeah .... right ... The alts were ... staking or getting rewards, and I lived off those rewards without eating into the principal, so in that sense I wasn't losing. But then everything crashed, so the alts weren't enough.

If I did convert it all, I would most likely still be unemployed today but it's a good thing I discovered all sorts of traditional financial investments because of that that I'd know better what to do next time and at least set aside some as a conservative investment in fiat, or as an emergency fund at least.

Other things happened in between, like exchanges literally dying as I was trading them, so lost some that way.

Sorry to hear that. I remember that, at the time, I though it was envious how well you played the up and downs, but I guess shit can always happen no matter what. 50BTC would still be a pretty healthy stash even at current prices.

I am not too much into alts, but I do remember how Byteball, for example, had an sky high valuation while it was paying "rewards" and then it dropped to almost nothing when it stopped doing it. I guess the moral of the story is that alts will always be alts and Bitcoin is the only safe (even if volatile) store of value.

The paying of rewards or interest are ways to trick people out of their bitcoins.  Lot's of previous BTC HODLers get tricked into no coiner status (or near no coiner status) due to these kinds of get rich quick or passive income (that is really not passive income) ploys.

Everybody has gotten smarter since the last shitcoin mania which means shitcoins may never reach their ath prices again.

I will believe it when I see it regarding 1) people actually getting smarter.  There is still a lot of dumb money out there given that BTC/crypto adoption is likely in the 1% of the population arena... 2) a decent quantity of shitcoins could still pump again.  Might not be all of the same ones, but there are some shitcoins that likely have pumpening skills to re-enliven their worthless zombie projects into pumpementalisms 2.0 or 4.0 or whatever revivalism version.

[1715279971]

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[1715279971]

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[jbreher]

ok, enough of this shitshow. I demand a pump! I demand the mother of all pumps! Nuke the alts, sacrifice the shitcoins as bitcoin fuel. go go go!

Good work, vroom.

[jbreher]

In further ass news tonight we can confirm that...


https://twitter.com/DaveVescio/status/1207028149873082368?s=20

...capitalists are assholes.

Nah, capitalism and free market will very soon produce a portable ad on that makes the seat level again.

I might suggest the voluminous employee manual be wedged between seat and bowl.

[bitcoinPsycho]

Now $100K? 

In one hour

[jbreher]

MAKE A CHRISTMAS PRESENTS THAT HAS VALUE

Give bitcoin to your dear ones.

If everyone did, we'd have a nice Xmas pumplet on our hands.

SO GET ON WITH SOME SERIOUS GIVING, FOLKS!

Always do.

[ivomm]

I am so calm and confident about Bitcoin, yet I couldn't sleep and decided to take a peek at the price - $7290! And earlier today we were free falling to $6400. This is very good bullish sign! And bakkt hit record highs again - over 6200 bitcoins put into contracts today! I guess some of them were bought in the last 24 hours, so bakkt has some impact on the price after all!

Edit. The price shot up to 7440 while I was writing!

[Bitcoinaire]

Bitcoin up $1,000 since the lows today!

[Raja_MBZ]

It really looks like alts are about to fall against BTC in the next couple of days, due to the short-term head-and-shoulders pattern being formed on the majority of ALTS/BTC. This may be a signal of bitcoin's significant move in the next few days. My guess is, it'd be (very) up.

I still believe it. It might not have happened in the past couple of days but it should happen very soon IMO.

[Hyperjacked]

Shorts are gonna get rekt

Disclaimer: bought the dips and burned
The manipulators 

[jbreher]

We don't use coinbase in these here parts.

Krexyun: You don't use Coinbase in these here parts.

[dragonvslinux]

Now $100K? 

In one hour

10 minute candle, coming right up...

[LUCKMCFLY]

I hadn't seen it that way, but buying is a good option.

#Bitcoin Unrealized Profit is low at the moment & seems to be trending down. At the same time, Unrealized Loss is trending up. Look out for a cross over, historically signaled bottoms.

As traders have less profit to realize, sell pressure could reduce.

http://studio.glassnode.com/compare?a=BTC&a=BTC&m=indicators.UnrealizedProfit&m=indicators.UnrealizedLoss&sameAxis=true&scl=lin&scl=log

Source: https://twitter.com/TheCryptoDog/status/1207360187654213632

[UnDerDoG81]

Back in 2014 when I entered Bitcoin $10 gains were normal and $100 gains a day were huge. Now some times $1000 gains a day seem normal. Maybe soon $10k a day gains will be huge.

[fillippone]

Bakkt is going to set a new record today:

∙ Today's volume so far: 6162 BTC ($44.44 million)
∙ Last traded price: $7,213
∙ Trading day progress: 67%
∙ Current daily Bakktarget™: 7106 BTC ($51.25 million)

https://twitter.com/bakktbot/status/1207438396332883970

Previous record was 5671 BTC on Nov 27th

[Hueristic]

Primitive metals.  

https://www.zerohedge.com/commodities/us-official-gold-reserves-auditor-caught-lying

Thanks for the link, good read.

What the fuck have i been doing in this thread for nearly 6 years?  Pumpening bitcoin, and no other fucking coin.  Stop being delusional, and spreading misinformation - otherwise gonna have to bring out batman, and you would not want that.  

You playing the Long Con?  

Well shit I wrote a ton of shit and lost it all and gotta run so I'll try to type all that worthless crap out again tonight.

Still Hodling with a small grimace.

[LFC_Bitcoin]

Bakkt is going to set a new record today:

∙ Today's volume so far: 6162 BTC ($44.44 million)
∙ Last traded price: $7,213
∙ Trading day progress: 67%
∙ Current daily Bakktarget™: 7106 BTC ($51.25 million)

https://twitter.com/bakktbot/status/1207438396332883970

Previous record was 5671 BTC on Nov 27th

Going to smash the previous record. Halving approaching, big players starting to move?

[JayJuanGee]

We don't use coinbase in these here parts.

Krexyun: You don't use Coinbase in these here parts.

Of course, you are out of consensus. 

What else is new?

It's not that your lack (failure/refusal) of being in consensus was an UNKNOWN.   

[El duderino_]

Did like Star Wars

[fillippone]

Bakkt is going to set a new record today:

∙ Today's volume so far: 6162 BTC ($44.44 million)
∙ Last traded price: $7,213
∙ Trading day progress: 67%
∙ Current daily Bakktarget™: 7106 BTC ($51.25 million)

https://twitter.com/bakktbot/status/1207438396332883970

Previous record was 5671 BTC on Nov 27th

Going to smash the previous record. Halving approaching, big players starting to move?

Volume at historical max
Open interest at historical max
Options trading
Longs on Bitfinex at historical max
5 months to halving
Miners near capitulation
News of adoption everywhere.

No reason not to stack every sats.

See you in 9 months.

[JayJuanGee]

Primitive metals.  

https://www.zerohedge.com/commodities/us-official-gold-reserves-auditor-caught-lying

Thanks for the link, good read.

What the fuck have i been doing in this thread for nearly 6 years?  Pumpening bitcoin, and no other fucking coin.  Stop being delusional, and spreading misinformation - otherwise gonna have to bring out batman, and you would not want that.  

You playing the Long Con?  

Do you mean that I might come out with a coin or some other way to attempt to scam JJG lovers (to the extent any exist) out of their coins?  Hahahahaha  You gullible fucks.  

Do I have a taker?  A fan club pre-register?

Anyone?  Anyone?


 

No one signed up, and hey.. I give less than two shits.  

Well shit I wrote a ton of shit and lost it all and gotta run so I'll try to type all that worthless crap out again tonight.

There are tricks to wall of text employment methods and strategies.  I will be giving a short seminar on this in the near future, at a very reasonable price.  

Still Hodling with a small grimace.

Good.  Don't let your eye bugger out too much, it is not good for your health.

And you don't want your eyes to get stuck or to end up looking like this guy.