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

[LFC_Bitcoin]

Oh mindrust, once a loved, respected WO brother, now another doubter, another bitter NOCOINER (near enough effectively a NOCOINER).

You’re getting like r0ach, proudhon, jonoiv etc, the list goes on.

We’re all on a long, tough journey that many of us believe will end in great riches. Most of us here have already made (unsold) profits we never dreamed possible when we bought our first coin. I really liked you mindrust, you were one of us, one of the few, one of the future new wealthy elite. It’s such a shame that in a brief moment of panic you proved yourself to have the testicular fortitude of a 16 year old cheerleader.

It could have ended up so good for you in a couple of years, you’ll live to regret your decision to sell on that one fateful night. I hope it doesn’t tear you up for the rest of your life.

Despite everything I wish you well!

[1714893201]

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[1714893201]

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[1714893201]

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[mindrust]

I didn't change, I have been always skeptical about almost everything.

I thought bitcoin was the answer to the central banking scam, I was wrong because there is a similar scam happening here with tether.

That's not bitcoin's own fault. It is an external attack.

*I might get back in when tether collapses completely. Till then, Nope.*

[Leviathan.007]

You are only expecting down from here?  That seems like incomplete analysis, and if you are only talking about one direction that means what?  you are assigning 100% likelihood to that direction that you are talking about (down in this case)?  What about up or sideways?  what about lesser down or greater down than you are anticipating?

If you are assigning 100% likelihood to down and your target, do you bet accordingly?  If you talking as if something only has one outcome, then you should be betting everything on that too, otherwise, what you are saying is not consistent with your bets.   How are you betting?  Are your bets consistent with your words (as supposedly supported by your charts)?

Hey JayJuanGee,
Nice to see you pay attention for the analysis. I posted two analysis from BTC/USDT and BTC.D on 13th June (2 days ago) in my thread and quoted the BTC/USDT here to share with you my personal analyse. But of the analysis worked very well and market was reacted as I was expected in both cases. I used BTC/USDT for a short sell trade myself and got a real nice profit out of it. (More than 100% with a X20 leverage)
You also can find my BTC.D on my personal crypto analysis thread I posted two days ago here: https://bitcointalk.org/index.php?topic=5226701.20

[OutOfMemory]

Oh mindrust, once a loved, respected WO brother, now another doubter, another bitter NOCOINER (near enough effectively a NOCOINER).

You’re getting like r0ach, proudhon, jonoiv etc, the list goes on.

We’re all on a long, tough journey that many of us believe will end in great riches. Most of us here have already made (unsold) profits we never dreamed possible when we bought our first coin. I really liked you mindrust, you were one of us, one of the few, one of the future new wealthy elite. It’s such a shame that in a brief moment of panic you proved yourself to have the testicular fortitude of a 16 year old cheerleader.

It could have ended up so good for you in a couple of years, you’ll live to regret your decision to sell on that one fateful night. I hope it doesn’t tear you up for the rest of your life.

Despite everything I wish you well!

Seconded.
May we agree on the term "Lowcoiner" on those who hodl a fraction of a whole bitcoin?

[OutOfMemory]

I didn't change, I have been always skeptical about almost everything.

I thought bitcoin was the answer to the central banking scam, I was wrong because there is a similar scam happening here with tether.

That's not bitcoin's own fault. It is an external attack.

*I might get back in when tether collapses completely. Till then, Nope.*

Sad.
That's like telling my kids: "i will always love you".
And when they don't become what i thought they should and i tell them: "i don't love you right now, until you become what i was hoping for".
I sense a hint of bitterness.

Don't be bitter, be better!

[mindrust]

Why the fuck you have to bring up my financial decisions whenever I show up in this thread?

Let's talk about sailboats.

Oh mindrust, once a loved, respected WO brother, now another doubter, another bitter NOCOINER (near enough effectively a NOCOINER).

If I was respected just because I was mindlessly shilling for btc (I tried not to, not always) then I really didn't need that kind of respect in the first place.

[ivomm]

I didn't change, I have been always skeptical about almost everything.

I thought bitcoin was the answer to the central banking scam, I was wrong because there is a similar scam happening here with tether.

That's not bitcoin's own fault. It is an external attack.

mindrust, you allowed your assumptions to make you lose your trust in Bitcoin. You assumed too many things - Covid19=Armageddon, all hodlers dump their stash and finally tether is a scam used by Bitfinex owners to pump the price of Bitcoin, thus the only reason for its price increase. In reallity none of the above assumptions are true. On 12th March the dump was one of the worst in Bitcoin history but nonetheless not related to the market development. Whether a greater number of holders cashed out to make a living, or manipulators in Bitmex, or both I don't know. But I really don't think many hodlers sold on a loss or a break even price. The percentage of coins not moved over a year remained pretty high - over 60%. It is sad that one of our WO brothers left without a profit. From now on this dump will be officially remembered in WO as the "mindrust dump".

And lastly, about the tether and many others stable coins (and there are litterally tens of them right now). There may be more tethers than USD deposited in tether banks, but to claim that tether owners used them to pump the price in Bitfinex has no grounds. For the last year Bitfinex always trails behind with the lowest volume from all big exchanges. There wasn't a single pump to start there. Stable coins are actually being bought by many for various reasons - easier transfers, avoiding taxes and bans in some countries like China, etc. This is the main thing. You can see from the chart below that many purchases of tether (the same applies for the rest stable coins) were made during the mindrust dump in order to buy bitcoins on these low prices. Clever people buy during crashes and not sell! They know the fear will go away in a few days and then they will be on great profits.



With that regard, it doesn't matter if you are over- or under-invested in Bitcoin. Until you restore your belief in the fundamentals and learn to ignore the non existent threats, you won't be able to make a significant profit. I don't know if we will see 100K in the next 5-10 years, but I believe it is quite possible. Just try to imagine how will you feel then with a profit $1000, while it could have been $1 000 000. The misery will be double, because it won't be the tether which will bring us there, but the fundamentals.

[vapourminer]

Yup. Some people are born strong. Some tall. Some smart. Some rich. Life isn't fair. Tough titties. But almost everybody has some opportunity for bettering their economic condition. All I'm hearing from you is a buncha whining about how it ain't a level playing field. No shit. Two choices: 1) Whine and wallow, or; 2) Buck up and expend some effort at bettering yourself.

And to return to point where I first responded, it is not the case that there is zero opportunity for the current generation of protesters, and it is also untrue that the boomers were able to just waltz into the job of their choosing.

where do they get that impression. im a boomer and my 1st job was washing pots and pans at a restaurant for the summer. it wasnt my 1st pick, thats for sure. but i decided to be the best pots and pan washer they ever had. with them as a glowing reference my next was janitorial work, scrubbing toilets among the other duties. again i decided to be the best toilet scrubber there was (this was a warehouse). and when the company corp guys came down for inspection our warehouse was awarded for being cleanest facility. so i was promoted to a crew chief and taught others how to scrub toilets properly. then i was promoted to oversee other warehouses. etc. with that as reference.. etc

none of that required extensive schooling or brains even. just basic math and more importantly a willing to work and learn attitude.

so come on i scrubbed shit as one of my 1st jobs. to those people saying we boomers had some magic head start: stop being lazy and get your ass to work and IMPROVE yourselves, just as i did.

[Cryptotourist]

Why the fuck you have to bring up my financial decisions whenever I show up in this thread?

Let's talk about sailboats.

WO's weekend fishing trip:



mindrust's weekend fishing trip:

[AlcoHoDL]

No passphrase: 0.1 BTC
{normal_pass}: 10 BTC
{really_strong_pass}: 100 BTC
.....

I think I can compete with JJG on this one!  

OMG you have 110.1 BTC...

I wish!

[dragonvslinux]

*I might get back in when tether collapses completely. Till then, Nope.*

You might as well just wait until just before fiat collapses and buy in at $1m a coin before your dollars become worthless.
Then you'll have nothing to worry about 

You are only expecting down from here?  That seems like incomplete analysis, and if you are only talking about one direction that means what?  you are assigning 100% likelihood to that direction that you are talking about (down in this case)?  What about up or sideways?  what about lesser down or greater down than you are anticipating?

If you are assigning 100% likelihood to down and your target, do you bet accordingly?  If you talking as if something only has one outcome, then you should be betting everything on that too, otherwise, what you are saying is not consistent with your bets.   How are you betting?  Are your bets consistent with your words (as supposedly supported by your charts)?

Hey JayJuanGee,
Nice to see you pay attention for the analysis. I posted two analysis from BTC/USDT and BTC.D on 13th June (2 days ago) in my thread and quoted the BTC/USDT here to share with you my personal analyse. But of the analysis worked very well and market was reacted as I was expected in both cases. I used BTC/USDT for a short sell trade myself and got a real nice profit out of it. (More than 100% with a X20 leverage)
You also can find my BTC.D on my personal crypto analysis thread I posted two days ago here: https://bitcointalk.org/index.php?topic=5226701.20

Nice TA too, this is what I was eyeing up too. A short-term short trade to $8.8K level, high leverage small position size. But missed it by looks of it.
Although these new lows are starting to look like a fake-out on smaller time-frames, wouldn't be surprised to see $9.5K re-tested at this rate.
Going to wait patiently by the side-lines to see if $9K holds, or the 50 Day MA at $9.3K by end of play.
Otherwise the bears will likely follow through with lower prices short-term imo, wick down out of the bull flag structure maybe,



Here's otherwise my in-depth analysis from yesterday that I'm *trying* to stick to (avoiding todays price action bias): https://bitcointalk.org/index.php?topic=5255531.0
Notably, the bear flag more-or-less played out by the looks of it, but remaining 50-50 mid to long-term until there is follow through, even if 60-40 short-term bearish now.

[Phil_S]

9200 !

Maybe number go up now!

[VB1001]

#Bitcoin S2FX model: 10Y years of gold historical data added and clustered (cluster: S2F60, value $7.75T). Not much changed, basically same parameters and R2.

https://twitter.com/100trillionUSD/status/1272489164504694784

[JayJuanGee]

Now that's only true if you look at it this way.
I was born tall, i was the second smallest kid in school.
Nobody is born smart. Most babies are hindered to grow smart by taking over stupid believes from their trusted ones (parents, idols and others).
Nobody is born rich.

Instead we're all born naked, hungry, poor and frightened. Life is just life, and that is the fair part of it.
I'll tell you what's not fair: Society is not fair, distribution of wealth or education is not fair, being pre-judged by other humans is not fair, stigmatization is not fair.
Life is nothing like that. Instead, it's part of the current stage of human evolution. We're all almost as dumb as apes, but we believe that we are great, a master species. The most important differences are that our thumbs are opposed to the other fingers and that we developed communication (which is still faulty and primitive, btw).
It's wrong to assume we are homo sapiens (wise humans), we didn't remotely touch the state of "wise" in any way, but this narrative lets us believe so, which is also what keeps us from reaching anything like real wisdom.
Only some did yet, and those keep quiet. For a reason.

Having said all of that, Oom, each of us is still best off to attempt to identify our personal areas of strengths, weaknesses, interests, passions, and also to try to make something out of the whole short period of time that we are on the planet.

Probably all people will advance in their learning, and some people are going to prepare a lot for various areas of interest that might be more focused or ambitious than others, some will achieve and go beyond their wildest dreams and others will fall way short of anything close to their most modest of dreams.  

Some people become very interesting to listen to when there are in their 50s or older, and others seem to have little to no insight regarding how the world works or what their role has been in such complex and changing world.  Don't get me wrong, I am not even really claiming that some people don't have anything at all to contribute because frequently even seemingly dumb folks will have certain kinds of talents or speciality areas in which they know more than others or can do more unique tasks than others, but still there are both levels that have been achieved and also variations in starting point levels too.

Sure there is the expression that the apple does not fall very far from the tree, but at the same time, sometimes there can also be a considerable amount of accomplishment variation, even within families and within generations that is not always progressive, even while accounting for varying environmental differentiation factors... and even counting for how preparation had met opportunity and the ability to have luck or to be able to take advantage of such luck if it were to present itself.

Some people aspire for greatness and others for mediocrity, which also plays out with the concept of whether or not they might have achieved some kind of wisdom in their life, if they are lucky enough to live long enough to achieve, too.

Just want to add that it's not uncommon for kidnappers to kill their victims after they find out the passwords as they're afraid you'll be able to identify them and testify against them later.

For sure, put in measures to lessen the likelihood of getting kidnapped.... because statistics are that many of would be pretty damned fucked in such a scenario... one of the reasons for decent opsec and trying to avoid shady people, which is not always clear to know which folks are more shady than others, but sometimes we will witness some pretty clear signs about the level of shadiness of some people who we have met in life, and some of us have likely met some people who make us a bit nervous in terms of their trustworthiness or what they might do in desperate (or maybe not even very desperate, but greedy) times.

[reliable]

No passphrase: 0.1 BTC
{normal_pass}: 10 BTC
{really_strong_pass}: 100 BTC
.....

I think I can compete with JJG on this one!  

OMG you have 110.1 BTC...

I wish!

For many of us in the forum even the 10% of that if one has it that it really a very big thing. Also the price has started to gradually rise and now reached 9200$. It is now form 9k levels and wait and watch when it will try t cross 10k levels from here.

[LFC_Bitcoin]

No passphrase: 0.1 BTC
{normal_pass}: 10 BTC
{really_strong_pass}: 100 BTC

I’m not going to answer this with any clue as to what sea dwelling creature I am but I saw this before & it made me laugh. I imagine we have all types of so called sea creatures related to bitcoin, swimming around the WO at times


What's your Bitcoin rank?

Humpback Whale = 5000 BTC or more

Whale = 1000 - 5000 BTC

Shark = 500 - 1000 BTC

Dolphin = 100 - 500 BTC

Fish = 50 - 100 BTC

Octopus = 10 - 50 BTC

Crab = 1 - 10 BTC

Shrimp = less then 1 BTC

https://www.google.co.uk/amp/s/deeponion.org/community/threads/what-kind-of-bitcoin-holder-are-you.9129/%3famp=1510623395

[VB1001]

[serveria.com]

Why the fuck you have to bring up my financial decisions whenever I show up in this thread?

Let's talk about sailboats.

Oh mindrust, once a loved, respected WO brother, now another doubter, another bitter NOCOINER (near enough effectively a NOCOINER).

If I was respected just because I was mindlessly shilling for btc (I tried not to, not always) then I really didn't need that kind of respect in the first place.

So what now? Why are you here? Why do you keep posting here? To spread FUD? To shill against BTC? Frankly I feel no anger or urge to judge you. That's none of my business. After all it's you who's going to suffer because of this wrong decision of yours not me or anyone else on this forum.  

[vapourminer]

I’m not going to answer this with any clue as to what sea dwelling creature I am but I saw this before & it made me laugh. I imagine we have all types of so called sea creatures related to bitcoin, swimming around the WO at times


What's your Bitcoin rank?

Humpback Whale = 5000 BTC or more

Whale = 1000 - 5000 BTC

Shark = 500 - 1000 BTC

Dolphin = 100 - 500 BTC

Fish = 50 - 100 BTC

Octopus = 10 - 50 BTC

Crab = 1 - 10 BTC

Shrimp = less then 1 BTC

plankton

[VB1001]

^
Now i feel better