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

[JayJuanGee]

Haha! Said no one on the internet ever, lol. It's interesting to me, once you get outside our btc bubble how completely uneducated on this topic the vast majority of people are about it. It's like Dunning-Kruger Mt. Stupid level understanding combined with complete apathy/uninterest about the topic they claim to know all about.

Heck, even within the bubble, there are still quite a few nuances that many people are not really aware of. Change addresses, transaction dependencies, block emission and so on. Bitcoin is definitely the poster boy for Dunning-Kruger.

Anyone of us can be guilty of thinking that we know more about a topic than we do, yet suggesting that bitcoiners have high susceptibility for dunning kruger does not seem fair.

You tend to be so inclined to dish-out backhanded denigrations of bitcoiners, and perhaps you have not learned yet Richie, that Bitcoin is not merely about making sure that the technicals are all correct or even understood by the masses of investors (whether they be accumulators, miners, merchants or investors in infrastructure or some other categories), but it is about various sound money principles (resiliencies.. and made to stave off government and status quo attacks through innovative decentralized incentives) that seem to have been upheld pretty damned well, so far in bitcoinlandia.. lots of us do not understand bitcoin, but it still seems to be a god-damned good investment for laymen...

So many times in history that laymen do not have opportunities to front-run the already rich in terms of investment opportunities.. but in this case, we have been seeing those kinds of opportunities for regular peeps to front-run the status quo rich.. and the opportunities are still alive and regular peeps do not need to know everything about bitcoin in order to be able to invest into it and furthermore, regular peeps do not need to know some of the very amazing technicalities in bitcoin in order to know enough to invest and to have investment and participation strategies and techniques.

... and sure the battles are not yet over.. but to suggest that a lot of us might be dummies about bitcoin because we do not sufficiently understand some of the technicals, seems to be just wanting to denigrate bitcoiners for the sake of it.. and if bitcoin keeps progressing, it is going to take many generations for people to really understand bitcoin or at least to see bitcoin as it evolves (presuming that it continues to exist and to gravitate value into it).

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[Paashaas]

That $3000 $4000 pump lol.

[shahzadafzal]

That $3000 pump lol.

Well +$4000 actually that's +11%

[ChartBuddy]

Explanation

[serveria.com]

Huge green dildo up proudhon's ass! 

[El duderino_]

HODLsleep is a good thing

Cheers

[El duderino_]

[OgNasty]

Bitcoin price go up. Me likely.

It will be great to look at the liquidation data tomorrow. I hope there are still some bears left. There’s a long way up still to go. With the 50 day SMA now behind us I expect we’ll see some big names entering the market who view that as the all clear sign.

[ChartBuddy]

Explanation

[Paashaas]

Bitcoin price go up. Me likely.

It will be great to look at the liquidation data tomorrow. I hope there are still some bears left. There’s a long way up still to go. With the 50 day SMA now behind us I expect we’ll see some big names entering the market who view that as the all clear sign.

[El duderino_]

Just woke up for a pee, 04:41, check the price…….







She’s alive 

Set alarm 04.41, piss more often.

[modrobert]

CCMF!



Train has left the station, some quick stops, but better get on fast or you miss it (FOMO max!).

[ImThour]

Not a bull, nor a bear, just a good trader. I would like to say: "what goes up must come down".
So, If you didn't bought the Dip, don't try to enter the market now.

[serveria.com]

Not a bull, nor a bear, just a good trader. I would like to say: "what goes up must come down".
So, If you didn't bought the Dip, don't try to enter the market now.

Bad advice for hodlers (or patient traders) 

[ImThour]

Bad advice for hodlers (or patient traders) 

If they didn't bought at $29k, they don't deserve at $38k. That's what I meant.
Not sure how it's bad.

[explorer]

Not a bull, nor a bear, just a good trader. I would like to say: "what goes up must come down".
So, If you didn't bought the Dip, don't try to enter the market now.

Looks like another leg up, for now.

[becoin]

I would like to say: "what goes up must come down".

Correct!
All fiat currencies are going down in flames.

[marcus_of_augustus]

[serveria.com]

Bad advice for hodlers (or patient traders) 

If they didn't bought at $29k, they don't deserve at $38k. That's what I meant.
Not sure how it's bad.

Any time is perfect time to buy bitcoin. Buy now thank me later (November - December 2021) 

[ChartBuddy]

Explanation