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

[LittleBitFunny]

Nowadays stop-loss is mandatory, no indicator is working perfectly...

[1714176771]

1714176771

[bkbirge]

Nowadays stop-loss is mandatory, no indicator is working perfectly...

Seems it's more a way for whales to separate coins from their owners. As has happened repeatedly in the recent past. Are there people on WO that don't know this? Hard to believe.

[shahzadafzal]

“According to Melinda Gates, Bill just couldn't Excel at his marriage. She made One Note about how he couldn't even manage One Drive with her in weeks. Apparently he spent most of his time in Office and had no Powerpoint in bed. He simply didn't have the Edge of an Explorer.

She SQL*ed that in arguments he always kept *Windows closed, and had to have the last Word.She now feels Bill never could work well with Teams. On the Surface they were a perfect couple, but come to find out there wasn't a *Kinect*ion.

Now that he no longer has Access to her heart, Outlook was not looking good for them. There was no Azure*nce of a future. The *Project had failed.

So he is now in a X-Box.”

[philipma1957]

Nowadays stop-loss is mandatory, no indicator is working perfectly...

Seems it's more a way for whales to separate coins from their owners. As has happened repeatedly in the recent past. Are there people on WO that don't know this? Hard to believe.

Yeah this is the time to buy btc not sell it.

I have buys set for

 51k
50k
49k
48k
47k

[bkbirge]

I saw a sad news story the other day. I am paraphrasing, it's easy to find. Some relatively young guy (30's) was celebrating loudly because he became a millionaire (on paper) with Doge. He had invested his life's savings (hundred-something K USD).

He said 'I grew up poor, I'm not selling any of it. I'll wait until it's 10 million, then I'll withdraw a million dollars.' Poor guy.

It's this guy...
https://twitter.com/ProTheDoge/status/1389559038896054273

[bkbirge]

Nowadays stop-loss is mandatory, no indicator is working perfectly...

Seems it's more a way for whales to separate coins from their owners. As has happened repeatedly in the recent past. Are there people on WO that don't know this? Hard to believe.

Yeah this is the time to buy btc not sell it.

I have buys set for

 51k
50k
49k
48k
47k

I just have small weekly DCA as always, no staggered buys setup. Slowly growing as I can.

[shahzadafzal]

Ready to hear a joke?

“Bitcoin dragging all markets down as people flee to superior assets such as Dogecoin.”



https://twitter.com/cryptocobain/status/1389602375548035074?s=21

[Elwar]

You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?

I got asked my a distant cousin "what do you think about dodge?".

[Sayeds56]

Nowadays stop-loss is mandatory, no indicator is working perfectly...

This is how you save your capital when use stop - loss.

[AlcoHoDL]

What stop-loss? I just HoDL and enjoy the show. It will be fun reading the above comments this time next year.

As for "dodge" owners, I hope you enjoy your new pet dog, it sure looks great, but won't protect you, won't play with you, and worst of all, it shits a lot and you'll be left taking care of the mess... Good luck.

HoDL BTC.

[somac.]

A huge amount of doge is traded on Binance, in fact so much that the volumes there have either massivly exceeded or matched the Bitcoin USD volumes since this whole doge pump begun last month.

Does that seem a little odd to anyone or is it just me? What considering the market caps and all.

Binance coin also pumped very high (just without the volume of doge). So what's going on over there at Binance? just doesn't seem legit to me.

Edit: looks like doge will bring the whole market down with it. When ever I see it go down a little so does BTC, even though BTC has been going down as doge has gone up. People really are stupid and it seems like BTC is damned either way right now. What this says to me is that BTC is a very good buy right now (and more so if it goes lower) as it is currently oversold by stupid people.

[NeuroticFish]

“Bitcoin dragging all markets down as people flee to superior assets such as Dogecoin.”

I've seen that.
Imho it's a proof that too many people write on social media when they're high.

[heslo]

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

[shahzadafzal]

A huge amount of doge is traded on Binance, in fact so much that the volumes there have either massivly exceeded or matched the Bitcoin USD volumes since this whole doge pump begun last month.

Does that seem a little odd to anyone or is it just me? What considering the market caps and all.

Binance coin also pumped very high (just without the volume of doge). So what's going on over there at Binance? just doesn't seem legit to me.

Yes you are right I always feared these big exchange can manipulate and even influence users buying and selling behaviors. This is happening exactly the same way they set the pattern and set trends. It's like giant social media platforms like Facebook and Yotube. One trend will be all over the platform same thing is happening here.

and what you said about BNB and DOGE looks like binance has to do something with it i remember same pump in april too when Doge rose BNB followed and at same time Bitcoin in it's lowest fifties.



Edit:

Don't forget this dirty secret of DOGE, little outdated but still valid

“Over 65% of Dogecoins are distributed among just 98 wallets across the world, while the single largest wallet holds 28% of all Dogecoins. In fact, just five wallets control 40% of the coin's supply. Essentially, around 100 people control the entire $46 billion DOGE market.” Published on yahoo finance on 19 Apr 2021

[serveria.com]

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin?   

[machasm]

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin?   

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

[heslo]

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin?   

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

That is my worry as well

[El duderino_]

Or...... should that be 2 merits.... 

[serveria.com]

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin?   

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

That is my worry as well

Worrying about retail investors getting scared is so 2017...   Who needs them in 2021?

[OutOfMemory]

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin?   

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

That is my worry as well

Liquid and Lightning are still in their early days. Paypal, Visa and even Banks will help paving the way for adoption, until every cash register in the 1st world is connected to a lightning node. Give it some time. Bitcoin does not really need speculating retail noobs, should they burn their hands with alts. Every rush is followed by a hangover. The slow rise of BTC is good for adoption. Remember: We don't want to get rich fast, but we don't want to get poor slowly.

Whenever i struggle with trust in Bitcoin's success, i focus on the bigger picture:
It's not about what Bitcoin is worth in shitty fiat, it's what bitcoin itself actually is.