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

[JayJuanGee]

I liked the almost 60k feeling, I felt rich, now not so much.

Yeah.. this is horrible.... my overall networth dropped by about 25%, when the BTC price dropped from $58,354 to current low prices of about $43,700.. it feels so horrible.  

If you consider that the amount of principle that I had put into BTC is about 2% of my overall BTC portfolio value at current prices, the value of my drop in my networth is about 12.5x the principle that I put in.. and I am going to be down to even-steven if the BTC prices were to drop below $1k.. Feeling kind of fucked right now... like I should have listened to proudhon.  

At least we got a little rebound to $44,750, as I type.. but surely that is a temporary feeew goooo situation..   I better start looking at the one-minute candles ... that should make me feel MOAR better, right?

[Arriemoller]

bitcoinity keeps freezing on my computer, yours too?

[Arriemoller]

stuck on 44844 for 171 seconds now

[somac.]

bitcoinity keeps freezing on my computer, yours too?

stuck on mine too, just use bitcoinwisdom

[JayJuanGee]

I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

Now I can relate to the toilet paper edited point... at least in my earlier days in bitcoin.. such as during 2015.. I had to suffer a bit on some of my luxuries..

Furthermore, I feel for you.. and ur lil "old" butt.. .. ..

By the way.. in the past 5 months-ish, i have been traveling, and I have a habit of drinking coffee in the morning and going on walks in the afternoons.. However, if traveling frequently my walks are in areas that I am NOT really clear about the availability (or locations of ) bathroom facilities, and sometimes the coffee that I drink in the mornings can create explosive kinds of situations that carry out into the afternoons.... so I have learned to carry some toilet paper in one of my pockets, but even with relatively nice toilet paper in my pocket, sometimes locations for carrying out "duties" can be quite lacking in luxury.....some branches and garbage lying around...  that's for sure.. especially given the kinds of places that I am sometimes walking.. including the unknown factors as I had suggested.   

[Poker Player]

I just poked around in the beginning of this thread for a bit of a laugh. Very interesting. April 2013, price around 100, MtGox still in action.  Worth a look.

LOL.

It had not occurred to me to look at it. The truth is that it is worth it to keep the long term perspective. We can see people nowadays who chicken because the price drops 20% but what this thread teaches us is that the one who holds and looks at the long term gets a great profits.

[aesma]

BTC at 100$ is a total impossibility. With how it is set up (mining power) and how many people own coins, including very rich ones, who really have no reason to dump ever, I'm not sure it can even go back under 10000$.

The rich ones who aren't dumping don't really enter the equation. It's buyers that determine the bottom of the price. Not that I'm suggesting it's likely that BTC is going to take that dive but it's important to look at the relevant factors and eliminate those that aren't.

If we see it at 100$ it might as well be 0$ because it would mean it has been broken by something.

But even then, long before you're at 100$ you will have buyers, no need to be rich by then ! And no need for it to make sense, look at GME.

[El duderino_]

If 45 breaks..... 38-40k would be possible “prefer not” but if so, then I will extend my long position for damn sure at those prices


And of course HAPPY BIRTHDAY  A.moller

[Phil_S]

I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

I switched to faster internet plan in Dec 2017 because I felt rich, haha.

[BobLawblaw]

Dip order @ $44k got filled. Nice.

[virasog]

[Arriemoller]

If 45 breaks..... 38-40k would be possible “prefer not” but if so, then I will extend my long position for damn sure at those prices


And of course HAPPY BIRTHDAY  A.moller

Thanks dude!

[El duderino_]

[dieselmeister]

https://twitter.com/glassnode/status/1365957598755831810

bullish ...

The daily #Bitcoin Spent Output Profit Ratio (SOPR) has seen a full reset, and turned negative for the first time in five months – investors were on average moving BTC at a slight loss, indicating profit-taking has abated.

[free-bit.co.in]

I'm in big dilemma now, should I buy back now? Or go 50% in now and next 50% in if we touch $40k-$41k? Got $20k on hands now from selling on $55k-$56k (didn't sell all my stash to be clear).

[JohnnyUranus]

I'm in big dilemma now, should I buy back now? Or go 50% in now and next 50% in if we touch $40k-$41k? Got $20k on hands now from selling on $55k-$56k (didn't sell all my stash to be clear).

Same here, sitting on 18k eur waiting to buy soonish.

[Wekkel]

I’ll buy at $40,xxx. If not, no sweat. I can handle Bitcoin price rising.

[strawbs]

I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

Now I can relate to the toilet paper edited point... at least in my earlier days in bitcoin.. such as during 2015.. I had to suffer a bit on some of my luxuries..

Furthermore, I feel for you.. and ur lil "old" butt.. .. ..

By the way.. in the past 5 months-ish, i have been traveling, and I have a habit of drinking coffee in the morning and going on walks in the afternoons.. However, if traveling frequently my walks are in areas that I am NOT really clear about the availability (or locations of ) bathroom facilities, and sometimes the coffee that I drink in the mornings can create explosive kinds of situations that carry out into the afternoons.... so I have learned to carry some toilet paper in one of my pockets, but even with relatively nice toilet paper in my pocket, sometimes locations for carrying out "duties" can be quite lacking in luxury.....some branches and garbage lying around...  that's for sure.. especially given the kinds of places that I am sometimes walking.. including the unknown factors as I had suggested.   

Sudden need to go
amongst branches and garbage.
Lay off the coffee?

[vapourminer]

I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

look at mr money bags here, able to afford tp in any form. i just keep an old wood rasp i found on the side of the road next to the toilet for that task.

[savetherainforest]

But anyways, here is the video that looks like where Mr. Boring company came from while visiting L.A to do that interview with Joe Rogan from the previous video.

https://youtu.be/u1zPPJly95M
I don't know what he has against bitcoin really, and just loving his dogecoin.
I just guess memes love memes.

Ooooo.... Nice! ... I haven't thought of it like that. But it actually makes sense !

#Memeslovememes     <<< LAL! MAKE IT HAPPEN!