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

[AlcoHoDL]

Grabs popcorn 🍿 for the daily ATH attempt 

Better yet, grab them Flamin' Hot Cheetos, that can drill a hole in your stomach and make your poo red.

ATH will happen again today.

[Wilhelm]

Grabs popcorn 🍿 for the daily ATH attempt 

Better yet, grab them Flamin' Hot Cheetos, that can drill a hole in your stomach and make your poo red.

ATH will happen again today.

ATH will be here Soonish(tm)

[proudhon]

Grabs popcorn 🍿 for the daily ATH attempt 

Better yet, grab them Flamin' Hot Cheetos, that can drill a hole in your stomach and make your poo red.

ATH will happen again today.

Unconfirmed

[Wilhelm]

Grabs popcorn 🍿 for the daily ATH attempt 

Better yet, grab them Flamin' Hot Cheetos, that can drill a hole in your stomach and make your poo red.

ATH will happen again today.

Unconfirmed

UnUnconfirmed

[BitcoinBunny]

Grabs popcorn 🍿 for the daily ATH attempt 

Better yet, grab them Flamin' Hot Cheetos, that can drill a hole in your stomach and make your poo red.

ATH will happen again today.

Unconfirmed

[AlcoHoDL]

Grabs popcorn 🍿 for the daily ATH attempt 

Better yet, grab them Flamin' Hot Cheetos, that can drill a hole in your stomach and make your poo red.

ATH will happen again today.

Unconfirmed

https://youtu.be/PtyySlBW6kk?t=18

[Elwar]

How many acres total now?

Getting up to near 140 acres now.

I read a whole Wikipedia page and all I learnt is that you own 124 football field.
Given the fact I have never saw a football field (as football is the wrong name for the wrong sport, over there), still, I don't know how much land you do own, but I guess it's a pretty big garden.

Well done!

Repeat after me : An acre is the area of a rectangle whose length is one furlong and whose width is one chain.

You all need to turn in your Pink Floyd fan cards if you missed this reference.

https://youtu.be/YR5ApYxkU-U?t=68

[Icygreen]

Today is the mindrust day. One year ago, on that evil day, mindrust panic sold all his 10BTC stash for $4000 - the average price he has bought his stash. He had twice that sum in fiat, but instead of buying at these incredibly cheap prices, he decided to buy USD, monero and other shitcoins. His ghost reportedly appears still on bitcointalk topics arguing that his decision was right. To him and others fallen comrades by the poison of Peter Schiff's kinda FUD, a minute of silence.

Happy mindrust day brethren! Hodl strong! 

I disagree with this way of thinking. All of us have to make our own financial decisions. Sure, his move was stupid but leave the poor guy alone. Everyone has the right to move on.

Yup, can relate to this.  Once, in the beginning of my BTC journey, I was overtaken by 'the fear' depicted by price, sold it all at a low and felt relieved not to endure the uncertainty any longer and I decided then never to return.   Thankfully after my emotional self had calmed, I bought back with everything at a loss and spent the next year re-accumulating that loss by buying, not trading.
Rarely in my life have I witnessed such fear and flight to safety. It was truly a invaluable learning experience which forged a much stronger HODL.  I believe all bitcoiners pass though some personal version of this, especially early adopters.  There is no shame for mindrust only a small missed opportunity. May he make his peace and feel welcomed to re-join the ranks.

[Arriemoller]

Wormsign! https://www.youtube.com/watch?v=5-EdLMxjPCg

[OutOfMemory]

AFAIR, mindrust was one of the on-fire type of guys in WO. He was all hodl, hodl, hodl and a permabull.
Until that night...
For example, if i would talk bullish about bitcoin to people all day, then sell at the capitulation bottom (typically signaling the start of a bull market), i would feel somewhat ashamed of myself. However, i also stopped using his nick as a metaphor for this kind of weakness.

 

[Icygreen]

AFAIR, mindrust was one of the on-fire type of guys in WO. He was all hodl, hodl, hodl and a permabull.
Until that night...
For example, if i would talk bullish about bitcoin to people all day, then sell at the capitulation bottom (typically signaling the start of a bull market), i would feel somewhat ashamed of myself. However, i also stopped using his nick as a metaphor for this kind of weakness.

 

Yet, somehow I feel totally fine with using the metaphor of getting 'roached'.  

[OutOfMemory]

It has alot to do with health, most people living in pain for long enough are more than ready to die.

Chronic pain is surely a big issue but health is not necessarily directly correlated with that. I think my larger point stands.

You are speaking like a person who has never experienced a certain level of chronic illness, poverty and ongoing suffering and struggles and ongoing deterioration over years and years and years - loss of energy might also be a kind of pain.. .. consider foggy thinking that comes with some of the conditions of screwed up systems, as well.  It's not like everything is working, you are banging 10s and you just have pain.. . .you might not even be able to bang a 5 (meaning 5 fingers)..

and that could be the easy stuff.. in terms of the basics, eating, eliminating, sleeping, exercise (is that even possible?).. coordinating how to eat.. and what kinds of foods can be eaten?  steaks ?  More likely chips and cravings for icecream (and not even the good quality icecream), which is not going to help energy levels to actually eat those substances that are imitating their lil selfies as if they were actually food.....

Might not even be able to hang out on the forum - thinking too foggy, can't concentrate... and trying to figure out logistics related to "the basics".. oh and did I mention needing to clean up the living space or self (that's not really necessary, is it?) and how to pay for these things, no one really wants to help.. and surely getting a payment from someone might not even be doable because mostly there are just collectors, including the landlord who does not seem to want you either.. and how to get the food-like substances from where ever the closest mart might be to the place that you happen to be living, until the sheriff knocks.

Have my last sMerit for this statement, Jay.
You might know, i have been there already too. I had something like "Long Covid", just that it was "Long some-other-viral-infection". Actually, i still suffer consequences after 10 years.
I quite look down on people downplaying chronic health conditions, like many looked down on me for "just being too lazy to work".
And for chronic pain, most people suffering from it get their health slowly wrecked by painkillers and/or opiates/opioids slowly.
I was lucky, because i found a remedy, quite by surprise. I experience fatigue and pain levels about 10-20% from what i used to, only my memory is lacking to get better accordingly, but i sense minor improvement in these areas as well. For the good, what i take in is not harmful to the body, for the bad, it seems to work only as long as i take it. Three to four days off it and muscle pain, fatigue, malaise and headache start creeping in again.

[Biodom]

Are we in one of pseudo-stable periods for btc?
It is possible, but honestly, I don't get the hesitation at 58K, it's a number of no clear significance.
Maybe it harks back to the 53K number, which is a $1 tril market cap.
Obviously, we are over that one, but not by much.

OT: It looks like NVAX vaccine is 96.4% effective in the UK trial. It will probably be approved soon.
This is a more conventional vax, no mRNA in the composition.
Overall, much better than AZ.
I am not sure why they only tested in UK.

[vroom]

Are we in one of pseudo-stable periods for btc?
It is possible, but honestly, I don't get the hesitation at 58K, it's a number of no clear significance.
Maybe it harks back to the 53K number, which is a $1 tril market cap.
Obviously, we are over that one, but not by much.

OT: It looks like NVAX vaccine is 96.4% effective in the UK trial. It will probably be approved soon.
This is a more conventional vax, no mRNA in the composition.
Overall, much better than AZ.
I am not sure why they only tested in UK.

this level we are now is about 3 times of the old ATH.

[Biodom]

Are we in one of pseudo-stable periods for btc?
It is possible, but honestly, I don't get the hesitation at 58K, it's a number of no clear significance.
Maybe it harks back to the 53K number, which is a $1 tril market cap.
Obviously, we are over that one, but not by much.

OT: It looks like NVAX vaccine is 96.4% effective in the UK trial. It will probably be approved soon.
This is a more conventional vax, no mRNA in the composition.
Overall, much better than AZ.
I am not sure why they only tested in UK.

this level we are now is about 3 times of the old ATH.

Old ATH is above 58K in Feb, 20K is old-old ATH, which we traversed long time ago.
Still, it generally follows S2F so far.

[JimboToronto]

Good afternoon Bitcoinland and Happy Mindrust Day.

Let's enjoy the fact that we've gone up 1400% in the last 365 days... currently $57304USD/$71468CAD (Bitcoinaverage), up from, $3850 (Stamp) a year ago.

Many people who weren't even millionaires a year ago are multi-millionaires now.

It's been a good year and there's no sign of it slowing down.

Go Bitcoin go.

[shahzadafzal]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

[sirazimuth]

jaaaeeezus...that didn't take long.
Stimmy shitcoin airdrop just landed in my bank account. Thanx Joe . (Yeah, yeah, I know... money printer go brrrrrr...)

Well then,  just like back in 2017, when I converted all my free airdropped shitcoin to BTC.....

...need I say more?....

[rolling]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

The US government is becoming increasingly hostile towards its own citizens. This won't end well.

[El duderino_]

Drill, Baby, Drill. save my short calls

What's your short target? I see 55k is a good support but is it strong enough? Do you expect lower?

Big picture people, big picture!