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

[LFC_Bitcoin]

Online & ready....

Only one fucking winner this time

[1715163161]

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[1715163161]

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[1715163161]

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[Phil_S]

NASDAQ parity!



next stop: DJI parity.

[serveria.com]

Got some alts like ltc and xmr too. (I am not %99.99 btc anymore)

Dammit this guy knows how to make things even worse.  

[Dakustaking76]

VEGETAAAA MEMEEESSSS!!!!!!

Almost almost
Hold them ready guys!!!

[JayJuanGee]

Golly!

That's what she said.  

Online & ready....

Only one fucking winner this time

Lookie, lookie who is turning into scrooge mcduck.....

[jbreher]

8K. today we will have battle

8K? Next stop - there's a 200 BTC sell wall @ Vegeta on Coinbase Pro. With about $30 to go to break it.

[El duderino_]

The big guns are out 

This is it... The beacons are lit!

[Last of the V8s]

Is it in yet?

[LFC_Bitcoin]

Remember guys Vegeta Meme + screenshot of bitstamp tradeview showing the price at 9000 or higher.
Will help me verify it hit or went over 9000 (eliminates photoshop opportunity)

[d_eddie]

I feel Vegeta's scent in the air.

[LFC_Bitcoin]

Is it in yet?

That’s what Bob said.

Sorry love you Bob #nohomo

[eddie13]

almost

[jbreher]

How many creepy Uncles can one poor thread take?

I dunno. Who's next? Uncle Kracker? Uncle Remus? We look pretty sharp in these clothes.




We'll be knockin the jockeys off rich people's lawns.

[serveria.com]

I was thinking yesterday quite a bit...about whats going on in the world and specifically about bitcoin and its current price action. All of a sudden I had one of those moments of clarity that you strive for but so rarely come across.

I was thinking about the price correlation between bitcoin and legacy markets and all the negative economic news that will be coming down the pipe over the next 6 months as the world adjusts to post covid-19. I started to think about what if bitcoin was unable to de-couple and gets dragged down in the huge inflation crisis that is already baked into fiat and has been exacerbated by this pandemic. I wondered what my reaction would be if bitcoin fell below $5k...and kept falling...down to $3k...and maybe..maybe it got really bad...like total collapse..how would I handle it?

Thats when I had the epiphany. I realised that even if bitcoin fell down to $1k...or less...even down to $100 dollars..I would continue to do what I have been doing for the last 8 years...keep stacking sats. Then the moment became crystal clear for me..even if the price tried to go to zero..it never would. And when I say never...I mean that...bitcoins value will never be zero. If it drops down to a dollar or less...I would buy as many as I could...if it kept dropping..I would buy all of them. Yes...all the coin..I would scoop them up just to have them..just to say 'Look at me!  I have all the coins now!  I win!'

Now..maybe this is a character flaw...maybe Im a little bit nuts..but hand to God..in that moment of clarity..I knew it to be true...without a shadow of a doubt.

Then my keenly focused subjective reality expanded outwards...and I thought...'Well sheeeit'...there are at least 20 to 30 other crazy mofo's that I know personally who probably have the same plan. They will be trying to scoop up cheap coins by the bucket load if ever the price really tanks..its just not going to happen, I wont be able to get all of them...dammit.

The profound sense of relief that rushed through me was almost indescribable and was followed by a relaxed sense of euphoria that is still reverberating throughout my soul.

As the moment faded..more thoughts poured through my head. Out of the 8 billion people on this planet..I wondered if 21 million of us could or ever would put the value of a bitcoin at 7 figures or higher. Could there be enough other crazy ass fools out there who would pay almost anything to keep at least a million of their wealth secured by a bitcoin. I felt the answer shift from possible..to probable...and then to likely on large time scales. In terms of decades it seems almost certain...and with how things are going...maybe sooner.

Just my two sats for the day.  #dyor
tc

#stronghands

This is great and deserves a merit... true hodler spirit.. couldn't have told better 

[rdbase]

Remember guys Vegeta Meme + screenshot of bitstamp tradeview showing the price at 9000 or higher.
Will help me verify it hit or went over 9000 (eliminates photoshop opportunity)

It just tickled a bit at $9000 but went straight down to $8650 again.

I feel Vegeta's scent in the air.

[El duderino_]

Is it in yet?

Nooo let us pump, let. us pump to da moon

[aesma]

Oh the fun it would be to be rich and participate in that action with huge sells and buys.

[Phil_S]

Ah, we're poor again.

[Ibian]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.

If people can't find money to eat, would they buy crypto? nope. The only thing that can prevent this from happening is the FED and its printer but what if the printer go kaputt?

There is another thing...

I am starting to feel weird about this tether stuff lately. It bugs me a lot tether staying at the 4th spot on CMC.

What if that 6.4Billion USD is the amount Finex created out of thin air is to keep bitcoin alive (alive in contrast of dead, $1k) and that's the exact amount that people extracted from btc over the years? They created that 6.4B to keep BTC from collapsing, maybe? Because otherwise that 6.4B means Bitfinex owns 6.4B worth of assets which is, kinda, bullshit you know.

Thinking about this gives me more and more warnings about this thing so yes, I'll keep my position small and will keep extracting money when it reaches a certain size. I had my chance to buy back from 4.5k didn't do it. If it goes back to 4.5k again, won't do it again.

On the other hand, in a world where almost everything is a lie, a 6.4B lie from Bfinex looks sustainable.  

The thing is btc is not the unbeatable, invincible investment asset once it looked like to me anymore. Do I care about it when BCH makes a %500? Nope. That's how I feel about crypto now.

ALL the way to 3-5k? Man, what will I do with only 6-10 times my original investment.

What I tell people is to invest 2% of their net worth. If it goes bust they will not feel it, and if it moons then they may have another 20% net wealth overnight. And then they can just skim off the top as the price keeps rising further.

I don't see how anyone who understands bitcoin can afford to NOT invest at least a small percentage. You either lose practically nothing or gain a fortune.

[aesma]

Down down down red red red abandon ship !