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

[heslo]

Tbh I am not even sure if i want back in from 4500 I might cancel that order if its not filled by tomorrow too.

This is too much volatility for my mind. All I wanted was a car and a house and a job I love doing. I guess it was too much to ask from this life.

Dude, step back for a bit, you'll get some perspective. You're feeling like shit now for a perceived bad decision. It may prove to be just that or a genius move. Either way, it's done. I assume you're still quite young, plenty of years ahead. You've still got the money from your sold coins; you're a lot better off than 99% of the world. Chin up!

[1714191379]

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[Stevenirving]

so how does this effect the halvening is my q

[BTCMILLIONAIRE]

This is too much volatility for my mind. All I wanted was a car and a house and a job I love doing. I guess it was too much to ask from this life.

Harsh but well meant words:

With that attitude, yes, asking for anything from life is too much.

I know it sucks right now, but these are the moments where you take a deep breath (or a break) and then figure out the lesson that will help you be better prepared in the future. The more you do this the better your outcomes will become. But the second you forfeit is the second you've given up on life itself.

There's no magic wand that materializes wealth, it's a marathon of constant learning. This is true for material, personal and spiritual wealth (e.g. money, skills, getting to grips with reality).



It's interesting how humans forget how fucking retarded they were as toddlers.

I don't see them giving up on trying to walk when they fall flat on their butts. At what point do we become so deadly afraid of growing as human beings?

[eddie13]

whining

If we didn't have the virus you would find something else to blame. Fluctuations happen. Part of the game. Nothing new.

Uh... We are down almost 50% on something that is supposed to be bullish..
Right before the halving where we should be optimistic, we are in the gutter..

This ain't my first dump bro..
I held through the dump to under $200, I held the dump from $20k, and I've held this dump too..
But I am very disappointed in this dump off..

Yes.. the dump has been pretty bad, but jeez, eddie13... if you are in a volatile asset, such as BTC, you gotta expect extreme price movements that happen both to the upside and also to the downside...

How the fuck are the bearwhales going to convince the weak hands to be shaken from the tree, unless they throw some seemingly meaningful fire power at the situation?

U gots to pee pare ur lil selfie.. both financially and psychologically for such extreme scenarios, otherwise, perhaps you gotta shave off some of your investment, because you seem to be overinvested.

The bitcoin price doesn't matter much to me as far as my livelyhood.. Only my dreams/ideals, which have been crushed by this show of Bitcoin antiperformance..

It just makes me mad..
Plus my GF pissed me off this morning, so I'm in a shit nihilist/blackpilled mood overall today and feel like letting my anger out by bitching about bitcoin not being what I thought and hoped that it was..  

To the point where I was actually enjoying the dump, almost like self inflicted harm, but it almost looks like the dump is over now...

Oh yeah.. Plus I have been slaming and smoking on some shit..

It's all good.. Rage needs vented.. What better place than this spam thread?

[jojo69]

oooh

shiny new interface at Bittrex

[bitserve]

so how does this effect the halvening is my q

It will probably be posponed.

That would be fun, wouldn't it?

Well, by the time the halving comes there would be less worldwide uncertainty. Anyways, we will have to cope with the halving coming from an initial lower price than expected. Other than that, Bitcoin will keep rolling.

[jojo69]

so how does this effect the halvening is my q

halvening cancelled

didn't you hear?

[Pseudo-Random]

Did a major re-edit (am ocd) & was going to delete & repost it entirely but since it got +merit'd, too late, I just link to it then.

[Biodom]

just gyrated 400 points down in less than a minute.
I am about to switch off from this crazy spectacle.

[somac.]

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Not to mention people have been watching their IRAs and 401Ks tank, they're worried about the nothingivirus, worried about getting laid off from work, maybe stressed out from figuring out childcare due to cancelled schools, and on and on.

This is the problem, if this dump was happening at a time when world markets were not collapsing I wouldn't be worried.

[mindrust]

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Not to mention people have been watching their IRAs and 401Ks tank, they're worried about the nothingivirus, worried about getting laid off from work, maybe stressed out from figuring out childcare due to cancelled schools, and on and on.

This is the problem, if this dump was happening at a time when world markets were not collapsing I wouldn't be worried.

That's exactly what made me this. If there were no other reason, I wouldn't have blinked.

[yefi]

Why spend money covering lots of new stories when you can get away with only one? The media loves a simple news story that they can blanket cover for days on end. Cheap-to-produce, sensationalist journalism with little regard for wider consequences. I mean, if it wasn't for COVID-19, they'd still be blanket-bombing us with some 'news' about Harry and Megan ffs.

Oh, you didn't enjoy the verbal diarrhoea they devoted to that? What about the morning sickness of the Duchess of Cambridge, surely you were blown away by that?

[eddie13]

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Not to mention people have been watching their IRAs and 401Ks tank, they're worried about the nothingivirus, worried about getting laid off from work, maybe stressed out from figuring out childcare due to cancelled schools, and on and on.

This is the problem, if this dump was happening at a time when world markets were not collapsing I wouldn't be worried.

That's exactly what made me this. If there were no other reason, I wouldn't have blinked.

Right guys...

I consider this anti-performance..

This is the opposite of what Satoshi's Bitcoin should be doing if it wasn't dominated by regulation shills that got us tied to, and the first dumped by, the mainstream market..

We should be independent of the fiat markets.. Not it's fallback lever to extract capital from..

Straight BS..


I don't blame you for selling mindrust..
I holding and rooting for more dumps right now just cause I'm pissed..

I won't be selling... But fuck BTC right now IMO..
It has betrayed me..

[bitserve]

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Not to mention people have been watching their IRAs and 401Ks tank, they're worried about the nothingivirus, worried about getting laid off from work, maybe stressed out from figuring out childcare due to cancelled schools, and on and on.

This is the problem, if this dump was happening at a time when world markets were not collapsing I wouldn't be worried.

Hmmm, I don't know, maybe I would be more worried if it just had happened for no particular reason.

[Icygreen]

I've missed a lot of pages, so this has probably been posted already: https://www.forbes.com/sites/billybambrough/2020/03/12/the-real-reason-behind-bitcoin-ethereum-ripples-xrp-and-litecoins-50-billion-crash/#2881ecc769b5

"Another proof that bitcoin is not a good hedge versus risky assets in risk-off episodes. It actually falls more than risky assets during risk-off."


Is BTC worth anything at all anymore after this shitshow performance?
Unsure..

If it doesn't hedge against the normie economy.... then.... Fuck it.. Junk..

The age of Bitcoin education is still early.  Bitcoin moves like normal markets today because normal (Keynesian) thinking is applied.
Nothing has changed, there's still ONLY 21 million while its hedge is bottomless.
Bitcoin will not 'perform' well when cash is seen as the stronger asset such as today when people are thinking a recession/depression is coming. It's true, cash will be useful, until its not.   Bitcoin will 'perform' well when inflation is felt or if the dollar collapses or is de-platformed globally, FED fails or is removed, people overthrow banking & wall street, basically the hedge is -Bitcoin will perform well in monetary reform

Hodl and by all means stack stats if you can.

[mindrust]

I mean I still think bitcoin is a great innovation. It is life changing tech, I don't I have a doubt there.

But what I think dont mean shit and affect what other people do.

Just like my thoughts had no effect on brexit or trump's election. People did it anyway.

I feel threatened and had the urge to get out while still can. The fucking politicians don't say anything good about this infection neither. Don't we expect another bloodbath tomorrow on stocks?

I don't know. I really wish well for all of you. (Except the bcash morons)

[mindrust]

They say millions will be infected how teh fuck bitcoin can go up with this little adoption?

I'll only know that I was being played when they come up with a vaccine before millions die.

[marcus_of_augustus]

Friday the 13th ... how do you think this is going to end?

What about this for a plot twist, stocks, bonds, fiat dollars all crashing and crypto soars to unbelievable gains?

Got steel balls?

[marcus_of_augustus]

They say millions will be infected how teh fuck bitcoin can go up with this little adoption?

I'll only know that I was being played when they come up with a vaccine before millions die.

Take it from me, you're probably not cut out for day tarding. At least not at your current state of mind.

Try buy low as possible, dollar cost average and most importantly hodl.

[jojo69]

plot twist

turns out methamphetamine is prophylactic to corona and the tweekers inherit the earth