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

[OutOfMemory]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now  

Yup, he popped into my head earlier today. Can't decide whether to think of him with sympathy or stupidity in mind. I can't help but feel sympathy for him, but the stupidity of selling at $3xxx, after he'd spent so much time here with fellow WOers, wins out. Fundamentals, etc.

Sorry for his losses but he really should have known better. Never mind, just suck it up and buy back, as we all advised at the time. Then, after learning how to hodl through anything, in x years from now, he'll hardly remember the act of stupidity and will need no sympathy.

But he'll know that his name will live forever as a verb: 'to mindrust' - or, 'to do a mindrust' - the act of failing to hodl

verb, mind·rust·ed, mind·rust·ing.
to fail to hodl; to sell, by way of panic:
e.g. The foolish gambler mindrusted all of his bitcoins away.

The Mindrust Maneuver 

Or the phrase: to "go full mindrust."

E.g.: "He went full mindrust and lost it all in an instant."

"mindrust accident" = selling the bottom.

[Elwar]

this

is

gentlemen

[rdbase]

Amazing day so far hahaha.
But what happened with Bob?

He ragequit and deleted all his posts one by one.

That was the first time I have seen a legendary turn into a member within a span of a day of editing their post count.
So very sad.
I should get a hat just to honor his memory "Black Adam"
Shazam!
https://www.reddit.com/r/DC_Cinematic/comments/848xyk/fanmade_the_rock_as_black_adam
In remembrance of his duty on the wall for our hat brothers in the nights watch.

In the mean time time to celebrate with some memes!
This is the gayest one I could find in memory of our former comrade in arms on the wall!

via GIPHY

Anyone got some ketchup for these grilled bear steaks? /licks lips

When licking lips while looking at bears you need to add $nohomo at all times  

Bears are demons courtesy of The New Mutants


Going fullhomo for BTC! If that's what it does to mark the price shoot straight up!

[OutOfMemory]

Close the daily in green over $10.5k and chinese bearwhales should start to throw their dirty dumpmoney at bitcoin again.
$14k+ in sight.

Source: CT around the mindrust-day

[600watt]

Every big bull run after the first one (Which I did not really see start, talking about the $0-$30 miracle circa 2011) the tensions in the BTC community would build to a fevered pitch with people eventually becoming stress volcanos and then BOOM...  

De bool beegan hees rrrun!

Many of you here can remember how everyone was so angry at each other here and on twitter back in early 2017.  Blocksize debate and all the things that didn't even make sense.

Well i did not want to jinx us, and I do not think I am powerful enough to.

But I feel like Bob had to sacrifice himself on the angry altar for us to truly get this firework lit this time.  That's what it took...  and mad as he may be right now for *reasons* whatever that means.  So unless I am wrong, and I am sorry if I am...

BobLawblaw will forever be remembered as the man who lit the fuse on this cycles rocket.

It will go down in BTC history.  It's possible students in the future will consider his sacrifice as Americans have considered the sacrificial things the founding fathers did at the start of their country.

Someone had to do it... he did it.  I sure hope he gets much better and eventually comes back while we all wave palms and throw confetti.  But NOT TOO SOON DAMNIT.  For now he should keep smoldering and posting his whale-move updates.
 

I am going to watch this over and over for the next ... oh... couple years, I imagine.

https://www.youtube.com/watch?v=nJeddv1QbeQ

(Bawb, I miss you.  Maybe just a *little* bit homo?)

just noticed my post is whistling the same tone as yours. i did not know yours when i wrote mine. interesting.  

[OutOfMemory]

Next Attack of $11k incoming?

Whohooo  
It'S getting mad today

[JayJuanGee]

A dialog between Bitcoin and the bears...

https://youtu.be/x2WK_eWihdU

Some of you guys are getting quite morbid with your visuals, this time around.

 

[BlackHatCoiner]

WTF just happened? I just slept at 10.1k and woke up in 10.8k. Did I just made money while sleeping?  
I hope we won't reach that ugly 9000 number again.

Edit: Where should I put that on my house?

[Hueristic]

A dialog between Bitcoin and the bears...

https://youtu.be/x2WK_eWihdU

Some of you guys are getting quite morbid with your visuals, this time around.

 

What?

[machasm]

Loving the vibe here today. Merits flowing like water as we hit AYH after AYH.
Love you guys #NoHomo.

[strawbs]

WTF just happened? I just slept at 10.1k and woke up in 10.8k. Did I just made money while sleeping?  
I hope we won't reach that ugly 9000 number again.

Yes, you successfully shodled (sleep hodl). The best kind of sleep. And the easiest way to hodl.

[yefi]

So, yeah, as the BTC market becomes more saturated, it won't be able to even come close to pumping as much in terms of percentage as it did in the previous 4 year fractal, but we are still at less than 1% of world adoption..  AmiNOTrite?.... so there seems to be room for a few more BTC exponential pumpenings.. in the coming years.. especially looking at the next few years and even meaningful 12-years ish or more.  No?

When you consider that a single company can have a market cap that twice exceeds the ATH cap of crypto (arguments over cap legitimacy notwithstanding), it's obvious that there's still huge growth potential.

When licking lips while looking at bears you need to add $nohomo at all times 

Ah merci, I've no etiquette!

[virasog]

Lets see for how long bitcoin can stay above 10,000 $

[JayJuanGee]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now 

I don't wanna be my brother in law right about now.

...Bitcoin will never go over $10k again...

Muahahaha!!!

hahahahahaha

Many times the doomers and gloomers will at least have some satisfaction of witnessing the BTC stagnate or go down for a few weeks or even a few months after their bullshit assertions regarding top unpenetrable resistance points that they so omniscently foresee... this time, nope.

 

[JimboToronto]

WTF just happened? I just slept at 10.1k and woke up in 10.8k. Did I just made money while sleeping?  

[cAPSLOCK]

It can't just keep happening.
The whole stock to flow thing is too simplistic.
Eventually the numbers get too big to keep going up.

Of course, even if bitcoin is designed to pump forever, even the stock to flow model will taper off along the way.  

We have already witnessed a tapering off of each exponential wave in terms of the percentage increase at each 4-year fractal.

So, yeah, as the BTC market becomes more saturated, it won't be able to even come close to pumping as much in terms of percentage as it did in the previous 4 year fractal, but we are still at less than 1% of world adoption..  AmiNOTrite?.... so there seems to be room for a few more BTC exponential pumpenings.. in the coming years.. especially looking at the next few years and even meaningful 12-years ish or more.  No?

Why so pessimistic, cAPSLOCK?  Especially in the near term?  And who gives any shits if BTC is not sufficiently pumpening in 50 years because the BTC market is potentially becoming more saturated?  

Do you really care about stock to flow model being broken (or less accurate) in 50 years or whatever?  Who fucking cares?  

Many of us will either be dead by then or too busy banging hookers, whipping donuts in Lambos and snorting blow to even notice, right?

You took my quote out of context.  But I am always trying to find holes in my current hypothesis.  My point is those are the very best I can do, and they are weak.

The crazy thing is the contrarian in me is trying to make a case for the former:

It can't just keep happening.
The whole stock to flow thing is too simplistic.
Eventually the numbers get too big to keep going up.

So weak.  I just can't make any of those stick...

[Last of the V8s]

Yeah if this keeps on going up I might just buy some.

[JayJuanGee]

hmm...

Looks vulnerable. 

[cAPSLOCK]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

Fuck I wouldn't want to be mindrust right about now  

Yup, he popped into my head earlier today. Can't decide whether to think of him with sympathy or stupidity in mind. I can't help but feel sympathy for him, but the stupidity of selling at $3xxx, after he'd spent so much time here with fellow WOers, wins out. Fundamentals, etc.

Sorry for his losses but he really should have known better. Never mind, just suck it up and buy back, as we all advised at the time. Then, after learning how to hodl through anything, in x years from now, he'll hardly remember the act of stupidity and will need no sympathy.

But he'll know that his name will live forever as a verb: 'to mindrust' - or, 'to do a mindrust' - the act of failing to hodl

verb, mind·rust·ed, mind·rust·ing.
to fail to hodl; to sell, by way of panic:
e.g. The foolish gambler mindrusted all of his bitcoins away.

I made the largest purchases (in USD at least) I ever have of BTC right at the same time.  I sort of like to think I have some of his coins.

[cAPSLOCK]

future generations will try see the wisdom in what you have written.

Or at least the banjo memes!