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

[JSRAW]

Thank you everyone..

[1714813098]

1714813098

[1714813098]

1714813098

[1714813098]

1714813098

[1714813098]

1714813098

[1714813098]

1714813098

[Cryptotourist]

As if just crashing a plane onto each tower and killing thousands was not enough excuse already?

Of course it's NOT an excuse.
It was used as an excuse - I'll agree on that much.

According to this logic, we should have had non stop conflicts since then, most of which have been avoided.

No, they really had to demolish the towers (on record timing, in the worst possible conditions and without no one knowing) for full effect. Yeah.

Yeah. Who is they?
Which reminds me of NORAD.

Try harder when you search for a LOGICAL explanation. Evidence matters too.

Well bro, I gave you a RATIONAL explanation already. There are more where that came from.
Trying to establish logic, when there is none, leaves us with rational thinking. Not everything makes sense, especially when you don't have the full picture.

For example, it is logical (based on the evidence) that Oswald killed Kennedy, but it's not rational, if you catch my drift.

And yes, evidence matters. Even if it's bogus.

[El duderino_]

So I sold a tiny amount to cover an unexpected expense, immediately after, the prices starts going up, and to top it of, I just learned that the expense was a mistake and was cancelled.
You are welcome.

dont feel too bad, a while back (see my post below) i pulled decent chunk out for a project when corn was around 9k,  did it over the course of a few weeks when it was sideways at 9k ish for a longish time. and when i finally had the fiat amount i needed, like one week or so later (or thereabouts) it did it 11-12k thing.

but hey i sell when i want the extra fiat for whatever. i long ago decided not to try timing anything. when i need fiat, i sell. after all honey badger dont give af as to what my plans are.

Good morning WO!
Observing @ $9,219

gonna sell some corn soon for reasons. expect the price to rise as a result.

In terms of cash out (cash needed) we can only look to the current price, not what it might be or what is possible in a few days or weeks....

If there are reasons so urgent that a cash out is needed, then it’s just a must and a later price doesn’t matter, cause you wouldn’t have the coins either way.

Also always be happy for the cold storage coins that are increasing there value... those are the ones that matter now

We all have experiences of coins or things that are worth more now, but aren’t in our possession anymore, but we all look to much to those past moments that some of us are getting to angry/salty cause of it

(Not saying you guys are) but probably people like roach etc... moaning and complaining or trying to scare more people....

Past is the past and only need to look to that what we have or can achieve

[Cryptotourist]

(Not saying you guys are) but probably people like roach etc... moaning and complaining or trying to scare more people....

I laugh myself to tears:

This thread is full retard now.  You have digital shitcoin scammers like Marcus and Lambwhatever praying as many people die in some sort of global plague as possible pretending it would be bullish for Bitcoin.  If it was a worst case scenario and 2-15% of the global population actually did die (the high ball estimates are too high because only asians have elevated ace2), I'd bet everything that it would be a deflationary collapse and Bitcoin would get clobbered because Bitcoin performs terribly in deflation.

Every.single.time.

[Phil_S]

My problem is I have a scientific background and appreciate little details like evidence and logic before jumping to conclusions that serve to reconfirm my world view.

Scientific method is fine for the natural world.

The world of humans is much more complex and messy. Lots of things happen underground, hidden from public scrutiny. Intentionally hidden.

It would be foolish to assume CIA or MI6 or Putin are not cooking some crazy projects right now, just because we have no precise scientific evidence of their shenanigans.

The public knows maybe 25% of important events/decisions, at best.

[vapourminer]

In terms of cash out (cash needed) we can only look to the current price, not what it might be or what is possible in a few days or weeks....

If there are reasons so urgent that a cash out is needed, then it’s just a must and a later price doesn’t matter, cause you wouldn’t have the coins either way.

[...]

We all have experiences of coins or things that are worth more now, but aren’t in our possession anymore, but we all look to much to those past moments that some of us are getting to angry/salty cause of it

(Not saying you guys are) but probably people like roach etc... moaning and complaining or trying to scare more people....

Past is the past and only need to look to that what we have or can achieve

agreed. no regrets here, and if i need more fiat at some point i will sell what i need whatever the price.. thats what assets (btc or whatever) are for.

[El duderino_]

New #bitcoin  difficulty record 17.6T .. miners are bullish! 🚀

https://twitter.com/100trillionusd/status/1297818511356710913?s=21

PlanB we love you

[d_eddie]

Corn sideways with an undertone of up. Stonks look happiest. What is there to rejoice?

JSRAW congratz man!!

[xhomerx10]

I really need to try to keep up...

 Congratulations JSRAW!



edit: Oh, that's supposed to be for the baby

[cAPSLOCK]

https://twitter.com/parabolictrav/status/1297610261361123328

For this one... the only reason this worries me is I thing institutional folks have been doing the short/manipulate/ long/manipulate game at least a little.  I think that comes out as some of the bart-ing, and it's particularly obvious around end of week/month/contract times.  So if they are shorting they are probably also setting up some big sells.

That said, I have for quite a while envisioned a situation where they get spanked hard, which Bitcoin does to EVERYONE that tries to control it.  And we could be close to that.  Some day they are gonna set up all the shorts and the tide is gonna come in super hard and wash them all out.

When that happens i will eat a slice of cake.

[cAPSLOCK]

Good golly Miss Molly, the devs can meme Well Wuille can sorta

https://twitter.com/pwuille/status/1297630790713348096?s=20  

I assume that must be hilarious.

[cAPSLOCK]

Thank you everyone..

Yeah.. that's cool.  What a trip you are in for.  Just sent my firstborn off to college.  I have wept repeatedly.  Your life changes.  A lot.

[AlcoHoDL]

Corn sideways with an undertone of up. Stonks look happiest. What is there to rejoice?

Corn sideways. What's new?

Undertone of up. I like the sound of that.

Stonks. Word fits perfectly. Like a sad, dying clown.

It should be rather obvious by now, that I have nothing better to do than post stupid stuff on WO...

Come on, Bitcoin. Do something!

[Hueristic]

If not, then why would the likes of Jamie Dimon or Warren Buffett even bother to comment on Bitcoin at all? Why wouldn't they just ignore it entirely? Why would the Mainstream Media spend so much time and effort, year after year, publishing hit piece upon hit piece against Bitcoin if it weren't such a threat?

You still haven't really given me a name as to who "controls" the stock market; you just alluded to a secretive "cabal."

Plunge Protection Team

https://www.investopedia.com/terms/p/plunge-protection-team.asp

[AlcoHoDL]

Look how cute WO looks using Dark Reader. Try it. Your eyes will love it.

[philipma1957]

Look how cute WO looks using Dark Reader. Try it. Your eyes will love it.

https://i.ibb.co/Q60ztps/Screenshot-2020-08-24-Wall-Observer-BTC-USD-Bitcoin-price-movement-tracking-discussion.png

[AlcoHoDL]

Look how cute WO looks using Dark Reader. Try it. Your eyes will love it.

[ IMAGE REMOVED ]

https://i.ibb.co/Q60ztps/Screenshot-2020-08-24-Wall-Observer-BTC-USD-Bitcoin-price-movement-tracking-discussion.png

Image shows properly on my side...

[Icygreen]

Seems the truth these days matters very little while the narrative proves much easier and more effective to control.
IMO, that is the essence of war, deceiving the enemy to believe an inaccurate reality. , essentially control of the mind.

"World War III is a guerrilla information war with no division between military and civilian participation."

— Marshall McLuhan, "Culture Is Our Business", 1970, p. 66

We are collectively compiling our best understandings of reality because it is absolutely essential we have the correct version if a positive outcome is to be expected.    It's natural to protect oneself from cognitive dissonance yet critical to remain flexible and open enough to weigh conflicting points of view without condemning one another to conspiracy and NPC boxes.

Most of us are in Bitcoin because we took the risk to think outside the box,  I originally came here because it had an abundance of open-minded, critical thinkers whom provide an invaluable re-education on the truth of money and the internet of things.

morning thoughts, /rant over  

Bitcoin 11,746  Go Bitcoin!

[Phil_S]

Not just enemy.

[JayJuanGee]

So I sold a tiny amount to cover an unexpected expense, immediately after, the prices starts going up, and to top it of, I just learned that the expense was a mistake and was cancelled.
You are welcome.

dont feel too bad, a while back (see my post below) i pulled decent chunk out for a project when corn was around 9k,  did it over the course of a few weeks when it was sideways at 9k ish for a longish time. and when i finally had the fiat amount i needed, like one week or so later (or thereabouts) it did it 11-12k thing.

but hey i sell when i want the extra fiat for whatever. i long ago decided not to try timing anything. when i need fiat, i sell. after all honey badger dont give af as to what my plans are.

Good morning WO!
Observing @ $9,219

gonna sell some corn soon for reasons. expect the price to rise as a result.

In terms of cash out (cash needed) we can only look to the current price, not what it might be or what is possible in a few days or weeks....

If there are reasons so urgent that a cash out is needed, then it’s just a must and a later price doesn’t matter, cause you wouldn’t have the coins either way.

Also always be happy for the cold storage coins that are increasing there value... those are the ones that matter now

We all have experiences of coins or things that are worth more now, but aren’t in our possession anymore, but we all look to much to those past moments that some of us are getting to angry/salty cause of it

(Not saying you guys are) but probably people like roach etc... moaning and complaining or trying to scare more people....

Past is the past and only need to look to that what we have or can achieve

Probably one of the most difficult things to attempt to accomplish is the early on balancing of how much a BTC accumulator really can afford to invest in BTC.. and once that is done, and decided to thereby largely just let that value ride during accumulation phases, while not getting psyched out be short term value drops, even if they might be in the 85% arena.

For example, if you were in a BTC accumulation phase when the price was $10k to $19k in late 2017, then why would you not continue to be in a BTC accumulation phase during 2018, 2019 and 2020 when we had extensive periods below $10k and also a lot of time below $8k, too.

So, various short term periods of difficulties might even come within the BTC accumulation period while BTC prices are seeming to be all over the damned place.. - all the way from $3k to $19,666 within the past 3 years, and much of that time below $10k.

Once you get passed the BTC accumulation phase, then hopefully, your BTC holdings would largely be "in profits" then the question of shaving off a bit here or there should be easier - even though as vapourminer points out, there is a kind of "feeling in the air" that the current BTC price might be a weeeee bit undervalued, given current market circumstances.. causing additional hesitation to shave off a bit of BTC profits.

I am speculating a bit (and even partly on personal experience) that shaving off a few profits here and there does become easier and easier the higher the level of profits in which a HODLers BTC stash stands.  To take extremes, if the BTC profits are merely in the less than 50% arena, then there may well be a decent amount of hesitancy, but when profits start to get into the supra 10x arena, hesitancy likely becomes less and less the higher the level of "in profits" are the cashed out corns.

Gosh, when I was younger.. in my 20s, I was NOT hardly thinking about cashing out of anything for 30 plus years.. and just accumulate, accumulate, and sure I would get forced to cash out a bit here and there when I did not manage my cashflows well enough (and of course, my cashflows were much smaller back in the day).. anyhow, it does seem to get a whole hell f a lot easier with the passage of time and one of the reasons that a four year minimum investment timeline seems to be amongst the basics of building wealth in the corns asset class...

Of course if the BTC price moves down rather than up or it has some price peaks in the middle, there still remains a need to keep an eye on the prize in terms of really acknowledging and practicing what phase you are in.. and if you are young (should I go so bold as to say under 40), it is quite likely that you are continuing to be in an accumulation phase unless you have already reached "fuck you" status, which would be a pretty BIG ass accomplishment for any peeps under 40 to bring those kinds of changes in the dynamics regarding where they are at.

Actually, one of the problems that I believe exist with the young whipper snappers, maybe even moreso in the crypto (including bitcoin, too) space is that they believe that they have reached fuck you status before they have actually reached such status... hahahahaha... and there can be some BIG ASS reminders of that during high asset volatility periods (especially when asset price bottoms seem to fall out.. even if just for short periods of time).