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

[Toxic2040]

the evening wall report

daily volumes tapering off but still significant compared to the last few months with accumulation and consolidation patterns presenting

#dyor

1h
honeybadger rides alligators back across the creek



4h
batman glides thru the night



D
peeking into sunlight on decent volume

#stronghands

[1713859715]

1713859715

[1713859715]

1713859715

[1713859715]

1713859715

[1713859715]

1713859715

[1713859715]

1713859715

[1713859715]

1713859715

[JayJuanGee]

We already covered that topic, you dweeb.

Blame MTGOX for your failure and refusal to buy BTC... classical disgruntled no coiner move.  

Also, failure/refusal to take responsibility for your own lack of preparation for UPpity. Hard to feel sorry for you.

There's no dispute.  We are going by your version of events.  You asserted that you lost all your bitcoin in MTGOX (supposedly), and then you said that you had not bought any bitcoin, and I cannot recall exactly your likely lame reason.. seems like it was a kind of dumbass disgruntled reason (you were not even claiming lack of finances in your first version of events), so the punchline still remains that you failed/refused to get exposure to bitcoin, even though if you were to have had bitcoin on MTGOX until early 2014, then the presumption is that you knew about bitcoin, so you did not even haven any valid excuse, such as you did not know any better.

You seemed to have been too busy blaming others and failing refusing to take responsibility for your own preparations for the future.  Just consider if you had invested as little as $2,500 into bitcoin, you could have had 10BTC.  Nothing to sneeze at, and sure, maybe we could not have expected you to time the bottom, so maybe your average per BTC could have been $400 per BTC rather than $250 per BTC... yet in any event, you could have had several BTC for just a few thousand dollars.

Are you actually trying to proclaim that you did the "right thing" by failing and refusing to buy bitcoin for 7 years and blaming that failure/refusal on Gox? Yes, sure at various points in the subsequent 7 years (or the past 7 years) your cost per BTC would have been a lot higher, but your recent complaining about BTC being too high in the $10k price arena would still have gotten you a 3x to 6.5x return (and currently about 4x return, as I type this post).  So you are still failing and refusing to buy BTC?  You are just engaged in ongoing begging, instead (not that you even come off as a believable or sympathetic character in terms of your supposed story or need for handouts)?

By the way, in recent times, you are seeming to be a "bitcoin believer" but seems that your whole history of adamantly keeping ur lil selfie as a no coiner was likely to have been considerably based on your lack of even believing in the upside potential of bitcoin, and now that you see BTC prices around  160x of their 2015 prices (of $250), you may well be starting to believe that there might be some merit in the bullish case for bitcoin.. yet probably one of the most prudent things that you should be doing right now is just stocking away whatever quantity that you are able to do, such as $100 per month or whatever might be manageable to you, and sure it could take you a while to build a decently sized BTC stash, but you should be going by your budget and if you could afford to invest more than $100 per month without short-supplying your cashflow and your basic needs, then that could be a good thing to do also, merely become a bit more aggressive in your investment into BTC approach.. and work your way up.. and even with that, those people who are currently starting out in bitcoin and choosing to invest $100 per month or something like that are likely going to be quite a bit ahead of normies in 10 years from now.  

Just consider if you had just stuck to a relatively prudent investment strategy that started around 7 years ago and invested $25 per week, then by now, you would have invested $9,150 into BTC and you would have acquired a bit more than 10 BTC (which would have a value of nearly $400k - based on our current nearly $40k BTC prices), so your whole BTC investment portfolio would have been doing pretty good with around 41x in profits.. surely nothing to sneeze at, and part of the reason why DCA buying into BTC has been such a great way for people of relatively modest means to end up doing quite well with their BTC investment and especially so if they keep up the DCAing strategy into BTC for a decently long period of time... the longer the better.

Even if newbies into bitcoin might not get the same results as earlier investors on the same timeline, there remains no reason to believe that such DCA'ing system does not remain a great way to go forward, especially if they are just investing extra cashflow as it comes available to them, whether it would be once a week or once month or some other somewhat regular and consistent time intervals.

[ChartBuddy]

Explanation

[Copetech]

I swear I think $40k must be a 17 yr old daughter of a Baptist minister! She keeps teasing and flirting but NeVeR quite spreads open the gates to glory land! What is this 8 times in the last 36 hours? And not just faltering back a bit but SLAMMING down nearly $2k in a matter of minutes! Somebody really doesn't want to see a breakout...?

[shinchan23]

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

[Hhampuz]

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

Bearish this, bullish that. Charts here, charts there. Signals Pringles.. Fuck me I love that BTC is alive

[ChartBuddy]

Explanation

[sirazimuth]

snip

Would be delighted if you'd just fuck off and only come back to post here when we hit $9600 to tell how you've bought in with a $100.

In the meantime we've got lakes, ranches, farms, seasteads, Lambos, John Deere and fine dining to attend to.

Well, you gotta give the noob troll some credit. He came in here and got quoted. Probably how he gets his jollies.

[ImThour]

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

I'm gonna rob a bank, this might be my last time to accumulate some more satoshis.

[sirazimuth]

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

https://www.youtube.com/watch?v=D6NyC2NJFYM

[JayJuanGee]

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

Thanks for the warning.. you are likely so helpful for us guys who might not have much BTC experiences..  I am glad that we have a seemingly insightful chart-reading fella like ur lil selfie giving us some "heads-up" so we are not caught without awareness regarding the potential peril we might otherwise find ourselves.

Anyhow, are you saying that maybe we might want to buy a few more of the lillie fiends, and maybe we might not be seeing any more sub $40k BTC prices, ever again?  Just asking for a friend about what might be the most prudent of ways forward.

[aysg76]

Bitcoin has been there for only 12 years and only a handful of people believe it in intial days ans slowly the adoption increased and yet still many claims it is not best source of investment and highly risky or bubble which can Burst anytime.But in actual it has given holders unexpected returns and who have invested $1 only or say bought one bitcoin at that time and now it's around $40k with only holding.

If you compare the prices with any other asset like share prices of Major companies like Tesla, Microsoft,Google and others listed on S&P 500 index you will find btc most profitable.

Many shitcoiners make comparison of btc with their coins like btc has grown only 10-12% and their shitcoins have given 300% profit but they ignore the fact that btc market cap is more than $700 billion and prices above $38k which requires huge amount of investment to move the prices upwards but still they are moving and on the other side their shitcoins have comparitavly very less market cap and it's easy to move and manipulate the prices but they keep on repeating same shit.

Gold has market cap of around $11.45 trillion and managed to be people's favorite choice of investment but with technology taking over the preferences changed and now gold is not as much in demand and risk taking investors prefer btc as they know it will provide good returns to them.You simply scan a QR code and make million dollars payment with nominal fees but you can't take your gold bars always along with you and if they are not providing some good profits also.

Bitcoin is taking over.

[ImThour]

Am I the only one who thinks that people are posting here for merit when they suddenly change the topic of the post or does not even relate to any of the previous posts? 

[ChartBuddy]

Explanation

[Poker Player]

Am I the only one who thinks that people are posting here for merit when they suddenly change the topic of the post or does not even relate to any of the previous posts?  

Probably, but I've also seen it done by some of the oldest users, the ones who post the most in this thread, people who don't have a paid signature and who, in principle, don't care if they are given merits. In that case we would not say that they do it for merits. They simply have something to say, even if it is not directly related to the last comments and they say it.

Although I understand that everyone likes to be given merits because it is like others recognize that you are doing things right, that your contribution is positive.

And, by the way, in the case you were commenting I guess if they end up getting merit, it's because they deserved it. If they were posting for merits but the post was garbage they wouldn't receive any.

[wavessurfing]

...............

Bitcoin has been there for only 12 years and only a handful of people believe it in intial days ans slowly the adoption increased and yet still many claims it is not best source of investment and highly risky or bubble which can Burst anytime.But in actual it has given holders unexpected returns and who have invested $1 only or say bought one bitcoin at that time and now it's around $40k with only holding.

If you compare the prices with any other asset like share prices of Major companies like Tesla, Microsoft,Google and others listed on S&P 500 index you will find btc most profitable.

Many shitcoiners make comparison of btc with their coins like btc has grown only 10-12% and their shitcoins have given 300% profit but they ignore the fact that btc market cap is more than $700 billion and prices above $38k which requires huge amount of investment to move the prices upwards but still they are moving and on the other side their shitcoins have comparitavly very less market cap and it's easy to move and manipulate the prices but they keep on repeating same shit.

Gold has market cap of around $11.45 trillion and managed to be people's favorite choice of investment but with technology taking over the preferences changed and now gold is not as much in demand and risk taking investors prefer btc as they know it will provide good returns to them.You simply scan a QR code and make million dollars payment with nominal fees but you can't take your gold bars always along with you and if they are not providing some good profits also.

Bitcoin is taking over.

after so many years gold is severely tightened everywhere
bitcoin has still some degree of freedom, bank on it.

[JimboToronto]

It bugs me to see crybabies whining about MtGox.



If you were around for MtGox, 7.5 years ago, you have no excuse for not being rich now.

Sure I lost 50 coins at MtGox. It was my own fault for keeping that much anywhere except offline in secure paper wallet cold storage. Sure I could whine about trying to get my coins out for almost half a year while they made excuses about needing identification even though my account was created anonymously. I could whine about their lying and ignoring tickets.

Ultimately it was my own fault for having any coins at an online exchange. I got played for being a sucker/trader.

The important thing is to learn from your mistakes.

I stopped exposing my coins to the internet unnecessarily. I bought and sold only from ATMs and OTC. Eventually I built a network of OTC contacts. It's been years now since I've had to use an ATM.

The important thing is to be patient and only sell when you absolutely must. If you need to pay a bill, so be it. When you achieve certain goals, enjoy a little. In January 2018 I sold a little on the "dead cat bounce" at about $21kCAD per coin and bought deluxe dental implants and property in Mexico. This year I was lucky to sell some at the ATH and buy a lake.

My entire stash cost me less than a new car and most of it was bought post-MtGox. Spare me the crybaby whining please.

[Richy_T]

Not sure why anyone cares about merits. The total is fairly meaningless. It would be nice to know a post I made had been merited but typically the thread has moved on by then.

[philipma1957]

We already covered that topic, you dweeb.

Blame MTGOX for your failure and refusal to buy BTC... classical disgruntled no coiner move.  

Also, failure/refusal to take responsibility for your own lack of preparation for UPpity. Hard to feel sorry for you.

There's no dispute.  We are going by your version of events.  You asserted that you lost all your bitcoin in MTGOX (supposedly), and then you said that you had not bought any bitcoin, and I cannot recall exactly your likely lame reason.. seems like it was a kind of dumbass disgruntled reason (you were not even claiming lack of finances in your first version of events), so the punchline still remains that you failed/refused to get exposure to bitcoin, even though if you were to have had bitcoin on MTGOX until early 2014, then the presumption is that you knew about bitcoin, so you did not even haven any valid excuse, such as you did not know any better.

You seemed to have been too busy blaming others and failing refusing to take responsibility for your own preparations for the future.  Just consider if you had invested as little as $2,500 into bitcoin, you could have had 10BTC.  Nothing to sneeze at, and sure, maybe we could not have expected you to time the bottom, so maybe your average per BTC could have been $400 per BTC rather than $250 per BTC... yet in any event, you could have had several BTC for just a few thousand dollars.

Are you actually trying to proclaim that you did the "right thing" by failing and refusing to buy bitcoin for 7 years and blaming that failure/refusal on Gox?

 Yes, sure at various points in the subsequent 7 years (or the past 7 years) your cost per BTC would have been a lot higher, but your recent complaining about BTC being too high in the $10k price arena would still have gotten you a 3x to 6.5x return (and currently about 4x return, as I type this post).  So you are still failing and refusing to buy BTC?  You are just engaged in ongoing begging, instead (not that you even come off as a believable or sympathetic character in terms of your supposed story or need for handouts)?

By the way, in recent times, you are seeming to be a "bitcoin believer" but seems that your whole history of adamantly keeping ur lil selfie as a no coiner was likely to have been considerably based on your lack of even believing in the upside potential of bitcoin, and now that you see BTC prices around  160x of their 2015 prices (of $250), you may well be starting to believe that there might be some merit in the bullish case for bitcoin.. yet probably one of the most prudent things that you should be doing right now is just stocking away whatever quantity that you are able to do, such as $100 per month or whatever might be manageable to you, and sure it could take you a while to build a decently sized BTC stash, but you should be going by your budget and if you could afford to invest more than $100 per month without short-supplying your cashflow and your basic needs, then that could be a good thing to do also, merely become a bit more aggressive in your investment into BTC approach.. and work your way up.. and even with that, those people who are currently starting out in bitcoin and choosing to invest $100 per month or something like that are likely going to be quite a bit ahead of normies in 10 years from now.  

Just consider if you had just stuck to a relatively prudent investment strategy that started around 7 years ago and invested $25 per week, then by now, you would have invested $9,150 into BTC and you would have acquired a bit more than 10 BTC (which would have a value of nearly $400k - based on our current nearly $40k BTC prices), so your whole BTC investment portfolio would have been doing pretty good with around 41x in profits.. surely nothing to sneeze at, and part of the reason why DCA buying into BTC has been such a great way for people of relatively modest means to end up doing quite well with their BTC investment and especially so if they keep up the DCAing strategy into BTC for a decently long period of time... the longer the better.

Even if newbies into bitcoin might not get the same results as earlier investors on the same timeline, there remains no reason to believe that such DCA'ing system does not remain a great way to go forward, especially if they are just investing extra cashflow as it comes available to them, whether it would be once a week or once month or some other somewhat regular and consistent time intervals.

I think he did the right thing by never buying btc again.

His real fail is he still posts.

He is only fucking himself in this case. He is a loser when it came to BTC. He can’t come to grips with it.
So he posts shit.

Hell I have spent 300 btc and not very wisely.
I did not believe in it until 2017.
I mined coins 🪙 more to play with gear ⚙️.

So 2012 to 2017 were waste of coins. But i did come to believe in them so maybe it was not a waste.

I am a crab 🦀 1-10 area .  Even though I have handled and spent hundreds of coin. Do I cry like exPHorizon no I mine on and hodl more.

2021 has been a good year so far. Because I believe.

So I could argue I lost hundreds of coins or spent hundreds is more accurate.

Almost have the shed pad prepped and ready paid by mining and will store mining gear.
Had to hire a tree guy.
I did the clean up after.
I also laid the 4x4 and the gravel.
Prep was hard work and cost 400 and my back.
Tree work involved a second area and was 1300
Shed will get dropped off in a week 4400
So 5700 in coin.

[ChartBuddy]

Explanation