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

[El duderino_]

Interesting... End of January is a special time for me (not going to be more specific for security reasons) and Bitcoin has a habit of making a "present" for me: it crashes. It did so in 2018 and 2019 and it is doing it now. The situation looks very similar to 2018. So, despite all that talk about bullish news, moon, BTFD, etc. - how low will it go? What do you think? $25k? $20k? Below 20?

I plan to cash out about 10-15% of my stash for some serious purchases (the rest if for holding and it can wait until 2024-2025) and I have already sold some above $30k. Now I am sitting on the fence. $25k to $30k is still fine, $20k-$25k - not so fine, and I would not like selling below $20k at all. Returning to four figures seems to be unlikely, 200 WMA is approaching $8.5k and production cost seems to be above $10k...

You seem to be a kind of guy who hardly has any coins, and probably the reason that you hardly have any coins is because you have a tendency to prepare for down, rather than up.  Hopefully not very many folks (if any) are willing to follow you and your nonsense.

Therefore, failure and refusal to adequately prepare for UP, seems to have put you into ongoing lame ass analysis in which you believe that you have some kind of extended period of time to prepare for UP... and UP is not going to really happen in any kind of meaningful way for many years, such as until 2021/2025...

You were spouting out similar kinds of nonsense when we were in the $6ks, and how did those preparations go?  Turns out that $6ks were pretty decent prices to be buying BTC in the past few years.. and UP ended up coming quite explosively in the past 4-5 months.

Indeed check some previous content of the guy, a complete n00b and poster in a wrong thread, he said the words ... something like... I have BTC because not like to have FIAT, to keep value but he said never to expect BTC would go up over 5 or 10 k or something.... some complete BS actually

then again everyone has a free mind to think with, its only his loss not ours, just pity for persons whom are familiar with BTC this early, to speak so stupid ...

[1715537997]

1715537997

[1715537997]

1715537997

[1715537997]

1715537997

[Wekkel]

GME trading halted? Bitcoin user not affected.

[OutOfMemory]

mv ./FUD > /dev/null

Code:

mv: missing destination file operand after './FUD'
Try 'mv --help' for more information.

 

OMG  
It's been too long already, FUCK  

mv ./FUD /dev/null


EDIT: once i wrote shell tutorials for the rollout peeps of a company i worked for. Today i'm the one that should study them. This feels shitty, i can tell you!

[El duderino_]

I did not sell a single satoshi from my main stash, cold storage since late 2017. However, I do not expect 10x gains anymore.

Just ludicrous to say such things...

Though if you didn't expect 10 X gains from BTC, then I don't know why you're involved ??

2x gain in a few years is still much better than few % a savings account can give. As I have said, I am bullish, but linearly, not exponentially . Unfortunately, my stash is not big enough to retire and live comfortably by spending from it only. Still, there is a slight chance that institutional adoption could drive the price another 10x. My thought is that it is not very likely.

P.S. By not expecting 10x I mean 10x from the current (or $10k) level. 10x from the lowest point in 2018 is possible.

I do understand, everything %-wise is better as nothing... But ----->

I may not have as many coins as some people here for a very simple reason: "do not invest more than you can afford to loose". It is much easier to get richer if you are rich already. However, I do have a small stash, mostly mined long ago, in 2011-2013. I never had enough money to obtain a comparable amount after the 2017 bullrun. Buying was not an option.

As someone mined and been involved from 2011-2013 and most important still is involved... then this is just very strange imo,whatever you mined so early, HODL would have done the job not? Also being on these forums, DYOR etc should of helped you out imo, your background is way better in BTC as mine, I never mined, wouldn't know how to do etc...

[dieselmeister]

Interesting... End of January is a special time for me (not going to be more specific for security reasons) and Bitcoin has a habit of making a "present" for me: it crashes. It did so in 2018 and 2019 and it is doing it now. The situation looks very similar to 2018. So, despite all that talk about bullish news, moon, BTFD, etc. - how low will it go? What do you think? $25k? $20k? Below 20?

I plan to cash out about 10-15% of my stash for some serious purchases (the rest if for holding and it can wait until 2024-2025) and I have already sold some above $30k. Now I am sitting on the fence. $25k to $30k is still fine, $20k-$25k - not so fine, and I would not like selling below $20k at all. Returning to four figures seems to be unlikely, 200 WMA is approaching $8.5k and production cost seems to be above $10k...

You seem to be a kind of guy who hardly has any coins, and probably the reason that you hardly have any coins is because you have a tendency to prepare for down, rather than up.  Hopefully not very many folks (if any) are willing to follow you and your nonsense.

Therefore, failure and refusal to adequately prepare for UP, seems to have put you into ongoing lame ass analysis in which you believe that you have some kind of extended period of time to prepare for UP... and UP is not going to really happen in any kind of meaningful way for many years, such as until 2021/2025...

You were spouting out similar kinds of nonsense when we were in the $6ks, and how did those preparations go?  Turns out that $6ks were pretty decent prices to be buying BTC in the past few years.. and UP ended up coming quite explosively in the past 4-5 months.

In one thing he is right. In January 2018 this thread talked all about:

- no worries, they only sell to pay taxes
- no woories, Chinese new year, they need money
- no worries, buy the fucking dip
...
...
And so on, and so on and so on. Go back and look for yourself.

I know, the futures were introduced, so we have no compareable situation.
But also from no worries, you went to attack somebody, who addresses his concern. Nice move.
Maybe we should wait and in a half or one year one of you can say: "I told you so". Hopefully it's you, than we all are rich as fuck. Or he is right, than we are poor again.

But please, go back here in this thread and look what bullshit was written Jan 2018, while the market gone down. Same today... We all hope it's different or we are in a beginning phase of a bull run. For me, I am prepared, because I have now more BTC than in 2017,because I HODL.

But again. The same phrases here now, like in the beginning of 2018.

Edit: than I made a long pause here. My account was used by another person, who didn't change my pw (the board hack). I changed my pw, now it's my own account again. Maybe the bullshit I mentioned from Jan 2018 were written all the time. I don't know. I wasn't here. So now I see the same phrases again. That's my point.

[BitcoinGirl.Club]

Love being and always was!

Good afternoon WO,
Observing @ $30,350!

[d_eddie]

mv ./FUD > /dev/null

Code:

mv: missing destination file operand after './FUD'
Try 'mv --help' for more information.

 

OMG  
It's been too long already, FUCK  

mv ./FUD /dev/null


EDIT: once i wrote shell tutorials for the rollout peeps of a company i worked for. Today i'm the one that should study them. This feels shitty, i can tell you!

It was mean of me to exploit what clearly looked like a typo  

[Dabs]

I may not have as many coins as some people here for a very simple reason: "do not invest more than you can afford to loose". It is much easier to get richer if you are rich already. However, I do have a small stash, mostly mined long ago, in 2011-2013. I never had enough money to obtain a comparable amount after the 2017 bullrun. Buying was not an option.

Buying is always an option. Although coming from 2011, I'd understand your reluctance. But you can always buy.

Mind if I ask, if you mined a solo block in 2011 or were you already in a mining pool then?

[JayJuanGee]

Interesting... End of January is a special time for me (not going to be more specific for security reasons) and Bitcoin has a habit of making a "present" for me: it crashes. It did so in 2018 and 2019 and it is doing it now. The situation looks very similar to 2018. So, despite all that talk about bullish news, moon, BTFD, etc. - how low will it go? What do you think? $25k? $20k? Below 20?

I plan to cash out about 10-15% of my stash for some serious purchases (the rest if for holding and it can wait until 2024-2025) and I have already sold some above $30k. Now I am sitting on the fence. $25k to $30k is still fine, $20k-$25k - not so fine, and I would not like selling below $20k at all. Returning to four figures seems to be unlikely, 200 WMA is approaching $8.5k and production cost seems to be above $10k...

You seem to be a kind of guy who hardly has any coins, and probably the reason that you hardly have any coins is because you have a tendency to prepare for down, rather than up.  Hopefully not very many folks (if any) are willing to follow you and your nonsense.

I may not have as many coins as some people here for a very simple reason: "do not invest more than you can afford to loose".

No one is going to blame you for either budgeting or even pacing yourself in terms of the quantity of BTC that you buy.  Sometimes you could buy weekly or even monthly, but you could have still ended up with a decent stash of BTC even if you bought only $5-$20 per week in bitcoin - especially if you had gotten started in 2011 or something like that.

It is much easier to get richer if you are rich already.

Of course, and everyone has to start somewhere, so if you are relatively poor and starting out from nothing, you start by building a nest egg, and if the nestegg only ends up starting out at $20 per month, then it would take you a whole year to get up to $240... but sure, you have to start somewhere and do what you can and sometimes attempt to be a little aggressive if the amounts are really small then it could be good to figure out ways to UP your game and to earn more money or save more money in order to have more money to invest.

However, I do have a small stash, mostly mined long ago, in 2011-2013. I never had enough money to obtain a comparable amount after the 2017 bullrun.

Of course, with the passage of time, you cannot acquire the same amount of bitcoin as previously unless your income is going up as much as bitcoin is going up.. which is not an easy thing to achieve.  So, it would be assumed that you would be acquiring less BTC with the passage of time.

Buying was not an option.

I agree that some people have difficulties to buy in some locations in the world it is difficult to establish some kind of a BTC buying account.

Therefore, failure and refusal to adequately prepare for UP, seems to have put you into ongoing lame ass analysis in which you believe that you have some kind of extended period of time to prepare for UP... and UP is not going to really happen in any kind of meaningful way for many years, such as until 2021/2025...

Not preparing for down may have serious consequences, grave ones in the most extreme cases.   Stress is not a joke...

In bitcoin, not preparing for UP, remains a bigger consequence.  You are quite distracted if you believe that you really need to make major preparations for down.. especially if you have not invested more than you can afford to lose.

If you overinvest, on the other hand, then yeah you are going to get more stressed from the downward BTC price movements.

You were spouting out similar kinds of nonsense when we were in the $6ks, and how did those preparations go?  Turns out that $6ks were pretty decent prices to be buying BTC in the past few years.. and UP ended up coming quite explosively in the past 4-5 months.

They went quite good. I did not sell a single satoshi until $30k

You are sounding quite worried at the moment.. so maybe you re just easily stressed, perhaps?  I, personally, have some difficulties following your various doom and gloom posts.

[Gyrsur]

mv ./FUD > /dev/null

Code:

mv: missing destination file operand after './FUD'
Try 'mv --help' for more information.

 

OMG  
It's been too long already, FUCK  

mv ./FUD /dev/null


EDIT: once i wrote shell tutorials for the rollout peeps of a company i worked for. Today i'm the one that should study them. This feels shitty, i can tell you!

It was mean of me to exploit what clearly looked like a typo  

Code:

mv ./FUD /dev/null > FUD.txt

Himme, Oarsch und Zwian!!

[BobLawblaw]

Having too much fun being utterly degenerate longing $GME and $AMC. Be back next week.

[jojo69]

[Spaceman_Spiff_Original]

What's to stop GME from just issuing a billion new stock?

They should issue a bunch.

[dieselmeister]

mv ./FUD > /dev/null

Code:

mv: missing destination file operand after './FUD'
Try 'mv --help' for more information.

 

OMG  
It's been too long already, FUCK  

mv ./FUD /dev/null


EDIT: once i wrote shell tutorials for the rollout peeps of a company i worked for. Today i'm the one that should study them. This feels shitty, i can tell you!

It was mean of me to exploit what clearly looked like a typo  

Code:

mv ./FUD /dev/null > FUD.txt

Himme, Oarsch und Zwian!!

Himmel, Arsch und Zwirn   (it's the awesome german version of "damn it!" - Directly translates we say: heaven, ass and twine) I like this saying much!

[OutOfMemory]

mv ./FUD > /dev/null

Code:

mv: missing destination file operand after './FUD'
Try 'mv --help' for more information.

 

OMG  
It's been too long already, FUCK  

mv ./FUD /dev/null


EDIT: once i wrote shell tutorials for the rollout peeps of a company i worked for. Today i'm the one that should study them. This feels shitty, i can tell you!

It was mean of me to exploit what clearly looked like a typo  

no worries. Real geeks stand by their errors 
It was quite a laugh for me reading your reply 

[JayJuanGee]

Interesting... End of January is a special time for me (not going to be more specific for security reasons) and Bitcoin has a habit of making a "present" for me: it crashes. It did so in 2018 and 2019 and it is doing it now. The situation looks very similar to 2018. So, despite all that talk about bullish news, moon, BTFD, etc. - how low will it go? What do you think? $25k? $20k? Below 20?

I plan to cash out about 10-15% of my stash for some serious purchases (the rest if for holding and it can wait until 2024-2025) and I have already sold some above $30k. Now I am sitting on the fence. $25k to $30k is still fine, $20k-$25k - not so fine, and I would not like selling below $20k at all. Returning to four figures seems to be unlikely, 200 WMA is approaching $8.5k and production cost seems to be above $10k...

You seem to be a kind of guy who hardly has any coins, and probably the reason that you hardly have any coins is because you have a tendency to prepare for down, rather than up.  Hopefully not very many folks (if any) are willing to follow you and your nonsense.

Therefore, failure and refusal to adequately prepare for UP, seems to have put you into ongoing lame ass analysis in which you believe that you have some kind of extended period of time to prepare for UP... and UP is not going to really happen in any kind of meaningful way for many years, such as until 2021/2025...

You were spouting out similar kinds of nonsense when we were in the $6ks, and how did those preparations go?  Turns out that $6ks were pretty decent prices to be buying BTC in the past few years.. and UP ended up coming quite explosively in the past 4-5 months.

In one thing he is right. In January 2018 this thread talked all about:

- no worries, they only sell to pay taxes
- no woories, Chinese new year, they need money
- no worries, buy the fucking dip
...
...
And so on, and so on and so on. Go back and look for yourself.

We are not in January 2018... and maybe we are in either mid-2017 or maybe we are in April 2013...

But so what... buy the fucking dip.

And, anyhow each of us has to decide for ourself, and those who bought the dip in 2018 should have been fine, so long as they continued to HODL their BTC through the next few years.

I know, the futures were introduced, so we have no compareable situation.
But also from no worries, you went to attack somebody, who addresses his concern. Nice move.

If you spout nonsense, you will get attacked.  You better figure out a little better plan rather than talking bitcoin doom and gloom... tailor your plan to your individual circumstances and buy bitcoin until you reach your accumulation goals and then figure out what next to do from there... .. first things first is to attempt to reach your accumulation goals by DCA and buying on dips and HODL..   historically have been amongst the best of continuous strategies in BTC.

Maybe we should wait and in a half or one year one of you can say: "I told you so". Hopefully it's you, than we all are rich as fuck. Or he is right, than we are poor again.

Huh?  Alexander_Z is not right.  We do not need to wait a year.  I am already right.

Now as far as going forth from here, it's going to depend on where you are at... hopefully you have accumulated enough BTC, otherwise, get working on your accumulation strategies...that hopefully do not involve attempting to time the market and buy back lower, but instead ongoing buying of BTC and sometimes HODLing.

But please, go back here in this thread and look what bullshit was written Jan 2018, while the market gone down.

No need to attempt to monday morning quarter back.. if someone was brand new to bitcoin they would be accumulating in 2018..   hopefully, then they would likely be in a pretty decent position by today.

Same today... We all hope it's different or we are in a beginning phase of a bull run.

Sure there are probabilities regarding where we are at, but none of determining where we are at, exactly, is going to be definitive.

For me, I am prepared, because I have now more BTC than in 2017,because I HODL.

Well, that's good.  Perhaps you are not acting upon your seemingly dumb fearmongering and timing the market advices.

But again. The same phrases here now, like in the beginning of 2018.

You seem to be lost.  Bitcoin is not on a 3 year cycle.. it is a 4-year cycle.

Edit: than I made a long pause here. My account was used by another person, who didn't change my pw (the board hack). I changed my pw, now it's my own account again. Maybe the bullshit I mentioned from Jan 2018 were written all the time. I don't know. I wasn't here. So now I see the same phrases again. That's my point.

Whatever point you are making seems like a muddled mess to me.  Who gives any shits what you said or may have said in 2018.. but what you are saying now, seems quite muddled.
 

[d_eddie]

mv ./FUD > /dev/null

Code:

mv: missing destination file operand after './FUD'
Try 'mv --help' for more information.

 

OMG  
It's been too long already, FUCK  

mv ./FUD /dev/null


EDIT: once i wrote shell tutorials for the rollout peeps of a company i worked for. Today i'm the one that should study them. This feels shitty, i can tell you!

It was mean of me to exploit what clearly looked like a typo  

Code:

mv ./FUD /dev/null > FUD.txt

Himme, Oarsch und Zwian!!

OK, end of FUD*

Code:

$ cat FUD.txt
$

[Torque]

For the Average Joe's "protection" of course.

Fking nanny state broker bullshit. They're moving to protect the corrupt wealthy elite.

Reminds me of how China limits their citizens to going long on Chinese stonks @ $25K/per household.

[Paashaas]

https://twitter.com/FrancisSuarez/status/1354488469091975168

[d_eddie]

For the Average Joe's "protection" of course.

Fking nanny state broker bullshit. They're moving to protect the corrupt wealthy elite.

My first thought exactly. Keeping your customers from a potentially profitable trade is grounds for legal action. A class action from users or GME stakeholders could be devastating even if Ameritrade hasn't been paid (or pushed) by the shorters (and I'm not implying they couldn't have been).

However, I think there might be legitimate reasons for limiting margin (leveraged) trading: if the shorters are insolvent, a massive liquidation might leave some longers holding the bag, and would sure as hell hurt the broker.