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

[OutOfMemory]

Photography is awesome for when you get older or not suited to serious exercise.  I know people in their mid 80s that take amazing landscape photos. 

Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area

My dad was heavily into photography. Landscape, supercars and these soft filtered 70's portraits. I grew into it, automatically.
Got my first Canon AE-1 from him at the age of 12, i also have two inherited lenses here, which i use occasionally. A Tamron push-pull zoom and a fixed focal length 24mm f2 lens. Both can't keep up with modern sensor resolutions too well, though.
Stepping into digital photography at 2 megapixels from 35mm film was awesome.
At the time you can shoot landscapes like this a lot:

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[True Myth]

Made the most well timed and largest trade I've ever done yesterday and early this morning.  Literally had a "gut feeling" so, I consulted magic 8 ball.  I ended up selling a large chunk of BTC I held on an exchange at the price point of around $32k.  Also sold all of (shitcoin that shall not be mentioned) that I've had for about 4 years now while it was at a price point of $1,100.

Woke up from a deep sleep, checked my phone, saw BTC below $29k, bought with all the fiat sitting on the exchange, went to bed...  Increased my BTC holdings by 20% and finally cleaned my hands of shitcoins.

That's it boys... I'm retiring trading... can't beat that one if I tried...

Hope everyone else made the best out of that fire sale.

[Biodom]

Made the most well timed and largest trade I've ever done yesterday and early this morning.  Literally had a "gut feeling" so, I consulted magic 8 ball.  I ended up selling a large chunk of BTC I held on an exchange around $32k.  Also sold all of (shitcoin that shall not be mentioned) that I've had for about 4 years now while it was at $1,100.

Woke up from a deep sleep, checked my phone, saw BTC below $29k, bought with all the fiat sitting on the exchange, went to bed...  Increased my BTC holdings by 20% and finally cleaned my hands of shitcoins.

That's it boys... I'm retiring trading... can't beat that one if I tried...

Hope everyone else made the best out of that fire sale.

that's a better wake up call than someone else, lol.

[Wekkel]

Hope everyone else made the best out of that fire sale.

Happy HODLing. Too old for that trading stuff (in Bitcoin; don't get me started on Alts  )...

[Biodom]

Photography is awesome for when you get older or not suited to serious exercise.  I know people in their mid 80s that take amazing landscape photos. 

Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area

My dad was heavily into photography. Landscape, supercars and these soft filtered 70's portraits. I grew into it, automatically.
Got my first Canon AE-1 from him at the age of 12, i also have two inherited lenses here, which i use occasionally. A Tamron push-pull zoom and a fixed focal length 24mm f2 lens. Both can't keep up with modern sensor resolutions too well, though.
Stepping into digital photography at 2 megapixels from 35mm film was awesome.
At the time you can shoot landscapes like this a lot:

reminds me of a sunset on Haleakala, Maui (US, Hawaii)

[marcus_of_augustus]

... this is an extremely radical view of the situation, normally you're not far off the money but guess we'll see how this plays out in the next 0-15 days ...

WARNING!

My market analysis shows that we are within 0-15 days of the downturn.

Before that we can go to anywhere between 34.5K and 128K (basically 1-4X)..1x obviously means that we turn tomorrow or even later in the night, but 4x and 128K is almost equally probable, IMHO. An arithmetic average between these two numbers is about 80K, which is slightly above my prior range of 50-70K medium top, but I thought that this local top would be only in March, but it is close to impossible now as the digital assets market where btc is not less than 69% weighting and much more if you remove stablecoins is completely feverish for an unknown reason.

It is not just bitcoin anymore. Everything is crazy, very similarly to Jan 2018.
To ignore the whole market behavior is not possible as it was wrong to ignore the Nasdaq behavior in 2000 when your favorite large cap was still outperforming.

Market is telling us that this will not continue for much longer, sorry that it was kind of short-lasting even if we will squeeze it up to 50-100K in the interim.
Bottom by the spring at 1/2 or even 1/3 if we peak at 100-120K, maybe a second run in the fall.

[OutOfMemory]

Made the most well timed and largest trade I've ever done yesterday and early this morning.  Literally had a "gut feeling" so, I consulted magic 8 ball.  I ended up selling a large chunk of BTC I held on an exchange at the price point of around $32k.  Also sold all of (shitcoin that shall not be mentioned) that I've had for about 4 years now while it was at a price point of $1,100.

Woke up from a deep sleep, checked my phone, saw BTC below $29k, bought with all the fiat sitting on the exchange, went to bed...  Increased my BTC holdings by 20% and finally cleaned my hands of shitcoins.

That's it boys... I'm retiring trading... can't beat that one if I tried...

Hope everyone else made the best out of that fire sale.

Congrats. I had this gut feeling, too. I switched 10% of my btc holdings into two top5 marketcap shitcoins. When i woke up i checked the prices and saw them up roughly at 30% and 26%, wanted to sell but got caught in family business, managed to reverse the trades two hours later, still resulting in 11% gains.

reminds me of a sunset on Haleakala, Maui (US, Hawaii)

Never been there (yet). Fillippone may well know the mountains in the background 

[Cryptotourist]

I'm strongly considering quitting my job, and doing something, anything else while living off crypto for the foreseeable future. This is the first day of work after a 2 week break, and instead of being "refreshed" and ready to work, all I can think is the break wasn't nearly long enough. Despite finding the work deeply unfulfilling, my job is stable and pays pretty well (a quick Google search says I'm in the top 97% within my state).

Probably the biggest thing holding me back is losing the structure that comes with the daily grind. I'm not completely confident I have the necessary self-discipline to create my own structure over the long-term, and while there are a lot of things I want to do (contribute to open source crypto software, write a novel, go back to school, etc), there's the non-zero chance I end up wandering aimlessly without purpose until wasting away.

Has anyone else gone through this or a similar thought process? This might be the only place (that I know of) with people who could relate.

You got to let go.
As a wise man once said, you have to create the empty space, to accept new things in your life.
The transition might get bumpy, but sure enough, you will find other points of interest. Actually things will find, you.

Also consider yourself lucky.
Most people don't have the luxury or the time to wonder what you just wondered, as they're too busy with surviving.
You on the other hand - you're just comfortable in your shackles.

Did you know that in Greek, working and being a slave is *exactly* the same (same root, different accent).
δoυλειά >  job, task
δoυλεία > slavery
δoυλεύω > I'm working (aka being a slave)

[AlcoHoDL]

Photography is awesome for when you get older or not suited to serious exercise.  I know people in their mid 80s that take amazing landscape photos. 

Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area

My dad was heavily into photography. Landscape, supercars and these soft filtered 70's portraits. I grew into it, automatically.
Got my first Canon AE-1 from him at the age of 12, i also have two inherited lenses here, which i use occasionally. A Tamron push-pull zoom and a fixed focal length 24mm f2 lens. Both can't keep up with modern sensor resolutions too well, though.
Stepping into digital photography at 2 megapixels from 35mm film was awesome.
At the time you can shoot landscapes like this a lot:

I'm into photography too. This hobby can be expensive (esp. the lenses), but Bitcoin can take care of that. I kept postponing upgrading my aging equipment (Canon gear, but very old—body is a 20D, still works fine), but after my COVID-19 situation, there's going to be a serious reshuffling of my priority list. If/when this shit clears away, the first thing I'm going to do is buy a nice mirrorless body with a couple of good lenses. Below is one candidate (APS-C sensor, but I like the overall camera design), and also looking at the Sony Alpha mirrorless series (full-frame sensor).

FUJIFILM X-T4 Mirrorless Digital Camera

Enjoy it, it's an immensely rewarding experience.

[Torque]

I agree with everything except the "stonks will correct heavily soon" part. They are indeed massively overvalued, but the Fed will keep money printer go brrr on the downlow every year from this point forward, sending stonks even higher. And at the end of every business cycle (7-9 years), they'll use whatever downturn "event" as cover to push trillions of $$$ through, giving Wall Street another massive injection. Next time it won't be just a few trillion though, it'll be more like $10-15 Trillion.

The melt-up will continue for at least another decade, maybe two. Rates will go negative in the U.S. and everywhere else.

Eventually the Fed and the Treasury will merge into one entity, and the nationalization (er, globalization) of the dollar printing machine will be complete.

Just to add to this, The Fed Reserve Bank of Chicago Charles Evans came out today and basically said that [paraphrasing] the Fed is "on track to make at least another $4.6 Trillion in asset purchases by 2023."

Fucking hell, they're not even on the DL anymore. In plain sight robbery.

#BuyBitcoinLikeUrLifeDependsOnIt

[OutOfMemory]

Photography is awesome for when you get older or not suited to serious exercise.  I know people in their mid 80s that take amazing landscape photos.  

Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area

My dad was heavily into photography. Landscape, supercars and these soft filtered 70's portraits. I grew into it, automatically.
Got my first Canon AE-1 from him at the age of 12, i also have two inherited lenses here, which i use occasionally. A Tamron push-pull zoom and a fixed focal length 24mm f2 lens. Both can't keep up with modern sensor resolutions too well, though.
Stepping into digital photography at 2 megapixels from 35mm film was awesome.
At the time you can shoot landscapes like this a lot:

I'm into photography too. This hobby can be expensive (esp. the lenses), but Bitcoin can take care of that. I kept postponing upgrading my aging equipment (Canon gear, but very old—body is a 20D, still works fine), but after my COVID-19 situation, there's going to be a serious reshuffling of my priority list. If/when this shit clears away, the first thing I'm going to do is buy a nice mirrorless body with a couple of good lenses. Below is one candidate (APS-C sensor, but I like the overall camera design), and also looking at the Sony Alpha mirrorless series (full-frame sensor).

FUJIFILM X-T4 Mirrorless Digital Camera

Enjoy it, it's an immensely rewarding experience.

The 20D is still a good cam, i had one too, it had pretty mild infrared-cut filters in front of the sensor, for nice long exposure within 1-4 secs for color-IR images.
Couldn't get under 20secs with the later D40 and 720nm filter, a nightmare. I bought a used Nikon D70 for compensating this caveat.
I have one mirrorless (two-thirds) body, an EOS-M converted for color-infrared photography. I can adapt all my EF/EF-s lenses to it and it allows to shoot much faster shutter times, sometimes too fast for that mellow IR look.
However, from my experience with this body, i can only urge to buy a mirrorless body which is BIG enough, like a standard DSLR. The EOS-M and most mirrorless bodies are too small to be held comfortably for longer times, especially with the heavier types of lenses mounted.

EDIT: The EOS-M is an APS-C, not MFT, sorry.

[Hueristic]

I agree with everything except the "stonks will correct heavily soon" part. They are indeed massively overvalued, but the Fed will keep money printer go brrr on the downlow every year from this point forward, sending stonks even higher. And at the end of every business cycle (7-9 years), they'll use whatever downturn "event" as cover to push trillions of $$$ through, giving Wall Street another massive injection. Next time it won't be just a few trillion though, it'll be more like $10-15 Trillion.

The melt-up will continue for at least another decade, maybe two. Rates will go negative in the U.S. and everywhere else.

Eventually the Fed and the Treasury will merge into one entity, and the nationalization (er, globalization) of the dollar printing machine will be complete.

Just to add to this, The Fed Reserve Bank of Chicago Charles Evans came out today and basically said that [paraphrasing] the Fed is "on track to make at least another $4.6 Trillion in asset purchases by 2023."

Fucking hell, they're not even on the DL anymore. In plain sight robbery.

#BuyBitcoinLikeUrLifeDependsOnIt

Corporate welfare for those that scream the loudest they are capitalists and that socialism is evil.

“Our current way of doing the $120 billion of purchases every month is reasonable across a wide range of maturities;

Hate fucking hypocrites.

[wxa7115]

tldr:
-Dont trade, its gambling.
-BTC hodling is an addiction.

I could see it becoming some kind of slogan.

BTC hodling, the only addiction which makes you rich.

[fillippone]

Photography is awesome for when you get older or not suited to serious exercise.  I know people in their mid 80s that take amazing landscape photos. 

Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area

My dad was heavily into photography. Landscape, supercars and these soft filtered 70's portraits. I grew into it, automatically.
Got my first Canon AE-1 from him at the age of 12, i also have two inherited lenses here, which i use occasionally. A Tamron push-pull zoom and a fixed focal length 24mm f2 lens. Both can't keep up with modern sensor resolutions too well, though.
Stepping into digital photography at 2 megapixels from 35mm film was awesome.
At the time you can shoot landscapes like this a lot:

Looks like Monte Bianco, even if I cannot recognise where exactly.... somewhere in France near the Italian Border...

[Rsiyz]

Amazing see same members still alive and rich  
 i was here from this forum start,,, but my legendary account was hacked years ago,, my 100 btc was sold in 2014
now just i  every day,,, becouse my retiring age  is still sooo far ,,

take care and enjoy btc until you are alive, wish you all Good

[LFC_Bitcoin]

Amazing see same members still alive and rich  
 i was here from this forum start,,, but my legendary account was hacked years ago,, my 100 btc was sold in 2014
now just i  every day,,, becouse my retiring age  is still sooo far ,,

take care and enjoy btc until you are alive, wish you all Good

Take care Borat.

[OutOfMemory]

Amazing see same members still alive and rich  
 i was here from this forum start,,, but my legendary account was hacked years ago,, my 100 btc was sold in 2014
now just i   every day,,, becouse my retiring age  is still sooo far ,,

take care and enjoy btc until you are alive, wish you all Good

Take care Borat.

LMAO  

My last spam pic(s) (for today at least), but if some of you are into photography and can probably afford an infrared converted digital camera, you will discover some kind of new beauty.





Good night, hodl tight  

[serveria.com]

Amazing see same members still alive and rich  
 i was here from this forum start,,, but my legendary account was hacked years ago,, my 100 btc was sold in 2014
now just i  every day,,, becouse my retiring age  is still sooo far ,,

take care and enjoy btc until you are alive, wish you all Good

I actually love this when such old-timers visit this forum and there's positivity in their posts. Yeah the guy sold everything back in 2014 but so what? He didn't turn into roach, or mindrust he's not bitter, not jealous or something... just wishing his still standing comrades all the best... love it... #nohomo  

[serveria.com]

No ATH today? Is BTC ded? 

[OutOfMemory]

No ATH today? Is BTC ded? 

bitoin is dead now!
haven't you seen today's charts?
i go to bed now

#haiku