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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381655 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
BitcoinBunny
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April 16, 2021, 01:18:26 PM

Looks like the terrible confirmed news (for bitcoin) out of Turkey plus the failing COIN listing have finally popped the last bubble and caused the bitcoin market to begin catastrophically crashing. Sad days ahead for bitcoin fans.



Don't think you zoomed in enough on that graph.
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April 16, 2021, 01:33:50 PM




>


philipma1957
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April 16, 2021, 01:36:12 PM

Looks like the terrible confirmed news (for bitcoin) out of Turkey plus the failing COIN listing have finally popped the last bubble and caused the bitcoin market to begin catastrophically crashing. Sad days ahead for bitcoin fans.



I love you bro.

I just purchased 0.05 btc at 60k it is back to 61k

So my adventures in Doge  hodl are done.

turned 2500 usd worth into 70000

it is now part usd and part btc.

We still mine it about 10000 coins a month.

Last summer that was 25 usd a month
it is now 3000 usd month.

These are superheated numbers.

Now if I can get my partner to sell some of the 600k coins he is hodling and buy some btc and some mining gear.

He has turned 1500 usd worth of doge into 180k if he sells it today.  Have to give him credit for hodling it this long and this hard (#nohomo)

Things look good today. BTC is moving up again. 65k in the next 72 hours.
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April 16, 2021, 01:36:20 PM
Last edit: April 16, 2021, 04:06:52 PM by d_eddie


Erdoğan is a monetary dove. He fired his Central Bank president because the guy was trying to fight the massive inflation by raising the rates - which is exactly the job a central bank is supposed to do. However, Recep begged to differ, since his aim seems to be that of keeping the economy going as smoothly as possible, even if inflation skyrockets and savers and importers pay a bitter price.

Of course, the smartest Turks fight inflation with other means: gold etc., and most of all, bitcoin - which is very popular, especially among the (generally anti-Erdoğan) urbanites.

The recent law only bans purchases denominated in btc - not the purchase/sale/trading of btc itself. Not sure what it's meant to achieve, really. Just an entrée for more draconian laws? How effective can they be when even the cost of a kg of locally sourced fish doubles?

My popcorn is ready.
yefi
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April 16, 2021, 01:38:08 PM

They're pumping some right old tat recently.
BitcoinBunny
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April 16, 2021, 01:42:28 PM

Doge will beat XRP and BNB probably.
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April 16, 2021, 01:45:35 PM
Merited by vapourminer (2), JayJuanGee (1), Phil_S (1)

I can't think WHY Turkey would ban Crypto.
Turkey isn't banning crypto.
I've spent about four months in Turkey over the last year.  There are storefront exchanges in Istanbul where you can buy and sell crypto without any kind of kyc, using USD, Turkish Lira, and Euros (at least, I don't remember having to show ID.  It was several months ago and I don't have total recall).  Fancy  places with flashy signs and digital displays showing the Binance realtime price feed, that sort of thing.  I don't know to what extent paying for real estate or cars etc. was a thing in Turkey, but trading crypto for fiat is done quite openly and seems to be unregulated.  I sold a few hundred euros worth of bitcoin in a store near the Old Bazaar just to get the feel of it.  Turkey's approach to crypto was quite laissez-faire when I was there.  And this new regulation doesn't seem to be directed at the crypto activity that actually prevails in Turkey , namely the buying and selling of crypto.  The new rules mean you just can't use crypto as legal tender, or to put it another way, you can't barter crypto for things.
None of us likes to see regulations like this being imposed, but as Bart Simpson would say:  don't have a cow, man.
This is on a tangent, but another country where you can do cash/crypto OTC trades without kyc is Vietnam; been there done that.
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April 16, 2021, 01:48:46 PM

CoinMarketCap is confused:
Image loading...
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April 16, 2021, 01:54:25 PM

Damn. My cousin (the altcoiner I'm meeting tomorrow), once had nearly 1 million DOGE. At that time he said he would not touch them until the thing pumped. He ended up selling them early and without much profit. Now he has none. I guess it's a roll of the dice. For some it works, for most it doesn't.

The only sure thing is to buy Bitcoin.
Tried, tested and proven by math & science.
And no, llamas cannot sing.


Holding is an act of conviction. Those entering just for some easy money will tend to be guided by emotion and not have a plan. Prey, not predators. He probably wouldn't have been any better off with Bitcoin like when I sold some to my friend and he immediately traded for an alt. I believe his "investment" has currently recovered to about half what he paid for it.
BitcoinBunny
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April 16, 2021, 01:56:15 PM

CoinMarketCap is confused:
Image loading...
It can't keep up with the changes so rapidly, even Binance got messed up right now I noticed.
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April 16, 2021, 01:57:31 PM

Well thanks to a little play money and DOGE I increased my BTC holdings by 0.1 BTC. Nothing huge but hey, it's something. Called the top too but fuck doing that often, too stressful for me
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April 16, 2021, 01:58:41 PM
Merited by JayJuanGee (1)

@BitcoinBirch
India has banned crypto like 3 times and they have 1.3bn people

Turkey has like 80m people...they can ban whatever they want it’s a non-issue

HFSP
https://twitter.com/bitcoinbirch/status/1383031845927936001?s=21
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April 16, 2021, 02:09:23 PM
Merited by El duderino_ (6)

I think I'm going to re-evaluate my entire existence this weekend.

DOGE pumping as it is, will end in a lot of pain, for many noobs.
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April 16, 2021, 02:11:33 PM

Pump shitcoins up,

You've got to Pump shitcoins up,

Don't you know Pump shit up,

You've got to Pump shitcoins up...

https://www.youtube.com/watch?v=0HtyF0jux2Q
heslo
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April 16, 2021, 02:22:39 PM


DOGE pumping as it is, will end in a lot of pain, for many noobs.

Absolutely, a lot of noobs will pile in thinking they'll become millionaires overnight but it's not gonna happen. Not much you can do about it mate, unfortunately people are willing to throw money at silly things and people smarter than them will always be there to take advantage of that
BitcoinBunny
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April 16, 2021, 02:24:40 PM

Seems like it's just a bunch of robots playing a game.
El duderino_
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April 16, 2021, 02:26:24 PM

Again

It’s Friday, F*** yeah.
Mufasa does the dancing.
Weekendpump now please
.
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April 16, 2021, 02:28:17 PM

Pump shitcoins up,

You've got to Pump shitcoins up,

Don't you know Pump shit up,

You've got to Pump shitcoins up...

https://www.youtube.com/watch?v=0HtyF0jux2Q

Naaaah just the few that I have .... that 1% in my crypto portfolio 💼
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April 16, 2021, 02:41:13 PM

Bought a physical painting today. Feels much better than the NFT hype.
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April 16, 2021, 02:41:31 PM

ONLY negative.  Just practice.  Maybe go to the mere every day and figure out a few negative things to say about shitcoins, and then once get used to practicing, then it will be easier here.

I'm not that type of person sorry, but I do refrain from talking about shitcoins in this thread. I always think positive about many things. The existence of shitcoins is actually positive for bitcoin.


Yeah, but it is NOT on topic.

Many things aren't, but you seem to be responding to this particular stimuli. Tongue


Oh?  It sounded to me that you were criticizing me for not being diversified enough into other projects... or kind of a vague criticism, but still.

I don't think I was talking to you specifically or about you, as I understand clearly you are not into any sort of "diversifications" or "allocations" as far as bitcoin and the rest are concerned. I know that, and I'm into that, so ... don't know where it seems that you thought I was criticizing or anything.

Let shitcoiners be shitcoiners, sometimes people just need to go through that to learn something.

 
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