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

[philipma1957]

Buy the dip and hodl.  Discount day.

[UnDerDoG81]

This was badly needed for a healthy rise long term. Like always just hodl through. ı think summer will be bumpy before real fomo kicks in in fall.

[JimboToronto]

Good morning Bitcoinland.

After yesterday's new ATH ($58354 Stamp) we finally got the correction we were waiting for (over $5k)... currently $52947USD/$66865CAD (Bitcoinaverage).

...we are just having some fun despite our age (more advanced for some of us).
something about never being too old to be young...

It's about age?

I stand corrected. I thought it was about Twitter.

I don't mind WO memes but I'm not really into Donald Trump's favorite trollbox.

[BobLawblaw]

everyone knows that lasers come out of ones nose, ala K9 in Dr Who. any other place is just.. well.. wrong

On Planet Anus, our lasers come out of our... well... in Intergalactic circles, our military infantry are widely referred to as "The Moon Shiners".

Our analogue to your prostate glands are very highly developed, to say the least.

[philipma1957]

everyone knows that lasers come out of ones nose, ala K9 in Dr Who. any other place is just.. well.. wrong

On Planet Anus, our lasers come out of our... well... in Intergalactic circles, our military infantry are widely referred to as "The Moon Shiners".

Our analogue to your prostate glands are very highly developed, to say the least.

This is pretty funny.  But you must have some accidental exploding fart action with that method of attack. Backfires would be a mofo.



Oh I grabbed some PayPal btc on the dip today.

both account my wife's and my own.

[xhomerx10]

Good morning Bitcoinland.

After yesterday's new ATH ($58354 Stamp) we finally got the correction we were waiting for (over $5k)... currently $52947USD/$66865CAD (Bitcoinaverage).

...we are just having some fun despite our age (more advanced for some of us).
something about never being too old to be young...

It's about age?

I stand corrected. I thought it was about Twitter.

I don't mind WO memes but I'm not really into Donald Trump's favorite trollbox.

FTFY

Sorry for the crappy quality.  I'm at work

Edit: Oh shit!  I'm not keeping up.  They should have been blue.

[brokedummy]

this is the bottom time to open them leveraged longs

[BitcoinBunny]

Laser eyes were cool for about 24 hours. Then the mETH heads went and ruined the party by copying it, but making it blue or some shit, instead of red.

Ergo, laser eyes are no longer cool.

Fight me.

OK

[AlcoHoDL]

Damn, I thought we were going to the moon, not to a black hole... 8 fucking Gs down!

^^^ That bunny sure eases the gravity pull...

[BitcoinBunny]

So 0.2T was taken out of crypto since yesterday.
Where does it go, to the exchanges temporarily or people really taking profit.

[JayJuanGee]

This is not yet another cycle, this is the End of Cycles

The one where after BTC flippens gold it doesn't flip back

The one where web3 supercedes web2

Where culture is collected and accrued digitally instead of physically

Where life is lived mindfully rather than mindlessly

https://twitter.com/zhusu/status/1363035740507017216

--------

At first it sounded bearish to me, until I unerstood what is meant. Since its creation Bitcoin went through several severe bear periods between the halvings. But what if the mass adoption has increased so much  that no such bear periods of 80%+ crashes from tha last ATH are possible? We see the first sign for that - unlike any other period of 12 months, there was only one 30% correction and two 20% corrections. What if this is a sign that such long periods of lack of interest from the big investors  are no longer possible? The implications on any sell strategy involving considerations of the previous cycles will be hugely negative. I mean if someone is selling with the hope of buying 80% cheaper, this may turn to be a total disaster with some 30-40% dips occurring here and there. Not only that, but this will make any unnecessary major sell from our stash to be a big mistake. This tweet predicts more than a supercycle, rather an infitite bull market. Well, this may look unrealistic now, but certainly the probability for that is not 0 as some may think based on previous experience. And sometimes the past experience may be misleading.

I don't buy it, but hey whatever... there is a chance for anything to happen..

My overall thinkenings continue to be that bitcoin no doesn't work like dat... and I am not even trying to be stubbornly caught up in the already existing models, but there still seems to be more evidence to the currently credible three existing models rather than proposing some new model that may or may not end up playing out.

Something is different now..

All these real money players getting into BTC..
Their might not be such a crash after this cycle as their have been before..
That may lead to the next cycle not having to come up from such a bottom..

Might be the end of “cycles” as we know them..

Might and might not.  I hope that you pee pare ur lil selfie for more than just the scenario that you believe might happen based on these kinds of hypotheses.

Personally, I hardly give any shits because I believe that my system accounts for any of the scenarios, including the supercycle theory, even though, like I said, I don't put very high odds on such a supposed supercycle actually playing out.. especially in this particular cycle.. even though so many peeps are so cccccciiiiitttttteeeee about BIG MONEY coming into bitcoin... which to me means that BIG MONEY can pump the shit out of bitcoin, but that fact that they can pump it and are willing to buy would not necessarily mean that some (or many) of them are not going to jump on the trend is your friend bullshit that is prevalent in human psychology, including the idea that they might be able to buy back some cheaper even though they are selling after BTC had already dipped 60% or whatever level of dip inspires scaredy pants peeps to sell their corns.

[_javi_]

Institutions are strong hands and long term investors.. yeah right

[lightfoot]

So 0.2T was taken out of crypto since yesterday.
Where does it go, to the exchanges temporarily or people really taking profit.

That is an interesting question. But hey in the meantime it looks like Bitcoin is on sale....

[strawbs]

Oh no. Is bitcoin dead again? etc....

[Hhampuz]

Institutions are strong hands and long term investors.. yeah right

What makes you think they aren't?

[vroom]

chopter is refueling. please stand by.

[Elwar]

We are all poor now.

Does anyone have a map of the soup kitchens and homeless shelters?

Do they still have Obama phones or is Biden handing out some sort of tin cans?

[JayJuanGee]

I’m having a bit of a mental struggle..

How much should I be kicking myself in the ass for not accumulating more, VS how thankful am I for having accumulated what I have and for the most part held..

Thankful or regretful?

We've all been there (at least I have) Just count your blessings that even just by holding any BTC you're WAYYYY ahead of most people. I have a, modest, stash. I'd love more, but I'm definitely glad I have what I do

And, of course, also, if you feel that you do not have enough, you can continue to DCA.. even if it is only $10 per week... though for fee purposes, it may be better to let your amount build up to something like $80 or $100 and then buy once you reach certain thresholds of value.

We have all kinds of peeps who fail to pee pare their lil selfies adequately for UP.. and that is part of the rationale of ongoing DCA tactics.. but yeah, if you don't believe in BTC until it has actually gone up 5x or whatever, then you are less likely to be inspired to buy along the way.. because you don't fucking believe until you see the profits that you could have had, and that is a mental problem and a lack of actual preparing yourself rather than any other excuses... and maybe nothing is really going to cause you to "believe" absent another 20 years of bitcoin being in existence and perhaps seeing some profits within its price?

[bitcoinPsycho]

We are all poor now.

Does anyone have a map of the soup kitchens and homeless shelters?

Do they still have Obama phones or is Biden handing out some sort of tin cans?

Just pm mindrust

[dieselmeister]

now we have a real rebounce ... at least the last candle... before there where only rebounce for ants