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

[bitserve]

We are too squeezed-in for really big moves.

On one hand, dump to 8xxx looks like almost 100% sure thing, but so what...

Surely we'll recover by April. No biggie.

I used to panic by such moves but I don’t care any more. The end result is the same - MOON.

I am guilty of wishing my life away until late 2021 though when the next parabolic rise is expected. Anybody else the same?

Not me.

For several reasons:

- After being deluded in december 2017 into thinking that I could be "financially independent soon" (tm) and then receiving a hard blow to my hopes by the subsequent crypto winter, I learned not to take anything for granted. Even if the possibility of reaching that point is still there, I need to be fully aware that it could take an undetermined number of extra years... or never come.

- I also decided that the time, attention... and expectation I was giving to it would all be thrown to the trashcan if my hopes don't materialize so I needed to involve myself in other new side projects that would suck most my (already limited) time in the meantime. Projects that will fit either if my "crypto hopes" materialize... and that also will somehow fit if it doesn't. Main of those projects is the "vacation" house and land I bought last year and that needed some upgrades that I am mostly doing myself. If Bitcoin does good I will use some BTC to cancel the mortgage and THAT will be my "lambo". If it doesn't, I will maybe have to sell the house (most probably at a profit) as I can't stand the current deficit cashflow for many years... but if Bitcoin does well I will have already finished what I wanted to do (on a personal level) with the money.

- As I have decided to plan for both possible scenarios, that means more work and thus more time needed. When this ends, hopefully successfully, I will not only have "da money" but also my free time back as I am anticipating and doing all the hard work now.

So no, I decided to keep me extra busy and stressed in the meantime instead.

[Cryptotourist]

Not shopped.

https://twitter.com/sassal0x/status/1231078620543631361

Looks like Craig finally dropped a few hits of X. Maybe he'll come to the profound introspective realization that being a scammer sucks.

Dr. Craig please.

I can only wonder, if jbear was a segregated witness, to this priceless moment in time.

[Ibian]

remember there was that statistic about 50% of peeps having difficulties coming up with $400 for an emergency, so to own .012BTC, which may represent several thousands of dollars of value, free and clear, will still likely be out of touch from many normies who plan to fail by failing to plan.

back in the day i lived paycheck to paycheck and sometimes not even that (but i always worked). a slice of bread with peanut butter was a feast (but made sure my cat was better fed than i was, my cat also had vet visits, while i had no insurance for doctors.. tough it out was the motto). electricity for lighting was paradise as i would regularly have mine shut off. thankfully candles were cheap and i could walk to the library for books.

i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much.

Rags to riches to rags. Only people able to make their own money are fit to inherit it.

The richest man in Babylon is on youtube, and it is worth the while for anyone who care about their kids and grandkids.

[hodl_2015]

[...] I needed to involve myself in other new side projects [...]

I kept the btc but continued the BTFD practice on TSLA stock, and did well. If this crypto-winter lasts any longer, I may be forced to look for a 3rd project.

[VB1001]

i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much.

Many people who have received large sums of money end up ruined quickly.
Your prayer makes a lot of sense, when money is earned with effort, control of superfluous spending is deeply analyzed before executing it.

[dragonvslinux]

$9770, the 61.8 fib retracement is a crucial make or break moment imo. Above it, we'd be clear to $11,577, below it, we'd look go return to the 0.5 at $8501 (as well as 50 Week MA).



Regardless, even falling back down to the 0.382 at $7,231, where the 100 Week MA is priced (as well as $4 off from the hash ribbons buy signal), would still be bullish.
Needless to say, we are still very much in an uptrend.

[cAPSLOCK]

I think BTC is going to rise.

The legendary rpietila.

fixed that for you

The once legendary rpietila.

very sad but fuck off. OK thanks you got me into monero, then you robbed a lot of people.

Why arent people like this banned.

Big shame, the fallen hero from my view.

Fuck off then fuck off again.

We all do have our fallen Hero's 

 Not worth any attention if they robbed you

actually I'm very lucky the game was too complicated for me to understand really.

There were lots of promises, but in researching "how to" I found a darker side that warned me off. Some people just stuck in a hole and stuff.

Others were not so lucky and we are talking big money here, especially in today terms.

Then an effective exit scam/ more empty promises to repay stuff never fulfilled.

Unbelievable excuses such as fire, robbery, flood, bird flew away with paper wallets etc. all in about a week.

Big shame

I would not touch that silly game with a 10 foot pole.  It reeked of everything off about risto.  A game where he sets himself up as king and creates all these guilded hoops for his followers to jump through. 

I had private conversations with some of the active BCT Monero community via PMs here about my concerns about both how it looked, and the potential to be an exit scam.

I was sorry to see so many people ripped off by a madman.  And also sorry to see the descent of the madman himself.  He was/is(?) pretty nutty, but he saw things early.  Too bad he was sucked into various chemical traps...

[jojo69]

such chemical traps

bird flew away with the keys

the dolls are on dope

[d_eddie]

King of The Kingdom
seems to be alive and well
Risto Pietilä









#haiku

Dragon, no?

castle burning down
omnipotent deluded
chemical dragon

[bitserve]

King of The Kingdom
seems to be alive and well
Risto Pietilä









#haiku

Dragon, no?

castle burning down
omnipotent deluded
chemical dragon

Bleh. What I REALLY want to know is if the "castle" was insured and if the insurance did pay.

[willope]

🚖 Taxis called Uber a "bad idea"

🏨 Hotels called Airbnb a "bad idea"

It's simple, they're afraid.

Uber IS a bad idea.
And Airbnb also.
Why? Because they're centralized entities.
A decentralised version of these two companies would be a great idea.

In fact it would be easy to do it with smart contracts on blockchain.

[vapourminer]

i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much.

Many people who have received large sums of money end up ruined quickly.
Your prayer makes a lot of sense, when money is earned with effort, control of superfluous spending is deeply analyzed before executing it.

pretty much this. once i dug myself out of that dark time i made sure that, at every step that i could, i had a secondary plan to fall back on. it taught me so much. its second nature now.

long ago i saw a magazine ad that showed an elderly lady looking sadly at her oil tank gauge (for oil heat for those who may not get it) that was registering basically empty. whoever did the ad captured the look on her face perfectly.

at that second i vowed my wife would never be that woman.

i can still picture that image and that was decades ago. its why im so careful to have fallback positions.

[VB1001]

^
Seeing the elderly in this situation is really sad.

Parents, schools and universities have to educate young generations financially.

[jbreher]

Not shopped.

https://twitter.com/sassal0x/status/1231078620543631361

Looks like Craig finally dropped a few hits of X. Maybe he'll come to the profound introspective realization that being a scammer sucks.

Dr. Craig please.

I can only wonder, if jbear was a segregated witness, to this priceless moment in time.

Hey, I _do_  at least get that that is a WTF moment. OTOH, What, Me Worry?

I was vacationing elsewhere. I guess that means that I had already segregated myself.

[LUCKMCFLY]

There is talk of a resistance at $ 10k, it is likely that there is still a floating offer at the $ 9k level.

In the near-term, it is important to keep in mind that Bitcoin is facing mounting resistance between its current price levels and $10,000, with Big Chonis – a popular analyst – noting that he sees “more resistance than support.”

$BTC - all I see is more resistance than support...#bitcoin weekend price action begins ...

Twitter: https://twitter.com/BigChonis/status/1231031488029831168

Source: https://www.newsbtc.com/2020/02/22/this-tiny-range-could-set-the-tone-for-where-bitcoin-trends-in-2020/

[Phil_S]

Many people who have received large sums of money end up ruined quickly.

Yeah, if they suddenly received a million dollars they start living like they'll get a million dollars every year.

Wages is all they know.

[jojo69]

[Last of the V8s]

[Last of the V8s]

https://bitcoinshirt.co/shop/home-living/mug/craig-wright-is-a-fraud-11-oz-white-mug/

[OutOfMemory]

Have been reading it this morning about Italy and some villages/cities on lockdown... Is that for real?

Yes.
Forget the lockdown you saw in China, but yes, some villages are on “limited lockdown”.
I think it is a more “strong moral suasion” to stay at home rather than a true ban (in Italy we have laws, contrary to China).

BREAKING: Italy orders mass closures after #coronavirus cases quadruple. Officials ordered schools, public buildings, restaurants and coffee shops to close. The emergency measures come as a cluster of new COVID19 infections emerged, including some who had not been to China (DW)
https://twitter.com/howroute/status/1230970101828071430?s=20

True. But limited to some of the villages.
I don’t know if it happened also elsewhere, but situation is quickly escalating and I see (read) panick in the streets.
Trains being blocked, Chinese people being attacked and beaten on the streets.

Link in Italian:
https://www.quotidiano.net/cronaca/coronavirus-psicosi-torino-1.5041421

Covid19 at the gates?
Venetia is not far from my home, and there are carneval events until mid next week with many north-italian visitors taking place.
Mankind is still too dumb to control an outbreak this big. I bet this will shake the economies quite intensively in the near future.