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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 26368622 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.)
ImThour
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Bitcoin Bottom was at $15.4k


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August 13, 2021, 06:44:10 AM

Let's hope the fate of Binance will be different than MtGox, but the latest Defi hack is a red flag for anyone keeping funds on that exchange.
I am not sure where else I can do my LONG positions on. It has huge volume and I kind of like the UI aswell.
I am not a fan of centralized exchanges but Binance is the rock pillar of the Crypto community at the moment.
Breaking it will only break the Crypto space.
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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August 13, 2021, 07:01:25 AM


Explanation
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August 13, 2021, 07:12:01 AM
Merited by El duderino_ (2)



chop chop 50k gogo

By Friday night🍀🤞🙏

Whoazza..

could be.

Hopefully, you don't jinx it again Philip - like you did to $70k.... (you fuck)

Tied up in a legal dispute all week with a neighbor contesting my official signed and stamped survey. Had to retain a lawyer and officially get the Sheriff's Office notified and on-site for a day next week.

Going to leverage my ~Lvl2 current FU status to show these irrational country fucktards what happens when they try to push a a polite, neighborly black man around, who is trying to put up a new fence.

I'm prepared to launch a multi-million dollar lawsuit against these fucktards in the courts for screwing with my work crew, and at the end of all this, going to sue for court costs, and they'll need to sell me their land to cover their costs.

Assholes fucked with the wrong guy.

Holy crap has life been busy.

Stay strong, brothers.

We gonna be stupid rich soon, yo.

Love (nohomo),

Bob

Lvl1 ~$10 mil, a serious money. If you diworsify this amount from btc into stonks like VT (not rec this by any stretch of imagination), you would get 160-180 thou/year in divvies and could borrow against your equity to get ridiculously low % loans (like LIBOR [currently 0.12%]+0.5-0.75%). Considering that VT long term appreciation rate is ~7-8%, you are fine. FU, but not really rich.

Lvl2 ~$100 mil. Money is not a problem, you can easily buy multiple residencies in nice places (at least 3-4). Easy to generate $1.5mil-1.8mil/year in divvies plus approx $7 mil (on average) in appreciation/year. With ~$7 mil of annual budget, you are 'rich' in $$ terms.

1st.. Many times it is better to attempt to get along (especially with neighbors) rather than battling.. but whatever, you do you.

2nd... I suppose that maybe my earlier conjectures may have been wrongedly.  Based on your various earlier disclosures, I had considered that maybe you had around 500 to 900 BTC, so your various recent sales would have had decent chances of bringing your stash below 500 BTC.. but what do I know?.  Of course, you do not need to disclose anything, but you are the one who already made all kinds of disclosures based on your own will - to the extent that you have any that goes beyond getting emotional about things.. and blah blah blah.  ahahahahaha

Anyhow, 400 to 500 BTC would put your BTC stash at $18 million to $23 million, and sure of course, you seem to have other assets too, including property, but if you are suggesting that you are in the $100 million plus club then if that wealth were only in BTC then it would be in the 2,200 BTC ballpark, but of course, if you have wealth in other property/assets, then surely 1,500 or so BTC could still allow you to fall into a $100 million plus networth club.... not that it matters too much, but some things just do not seem to add up, especially given some of you historical petty nonsense.. but whatever, you do you... which you do seem to like to bolster and exaggerate for effect, and some guys do seem to appreciate your some what predictably unpredictable emotional outbursts.


hahahahahaha

no homo... and I am not even sure if I am trying to help you out here.. but surely could be helpful to some other members to see some of your all over the place outbursts playing out from time to time (it's not that they can go back and review your historical fantasy-landia postenings..... pooof!!!!!!).


Amount of Bitcoins you need to become a millionaire:

2010: 2000000 BTC
2015: 4000 BTC
2020: 85.61 BTC
Today: 22.72 BTC
2025: 5 BTC

Fill those 5 BTC bag and wait just more 4 years.
Do not believe on me, believe on the stats.

Have a good day ahead.  Wink
Holding bitcoin by making investment at an early phase is best you can do and then simply wait for some time nothing else.The Winklevoss twins got $65 million compensation from Mark Zuckerberg and invested in bitcoin and now see they both are at $3 billion each launching Gemini and being visionary.They said "bitcoin is not going to be dead and will stay here for long" and now see those who advised them are trying to get bitcoin while they have already made networth out of it.So by the end of 2021 if we see $100k or even $80k around then in 2025 the expected prices will be 2-3x more taking them above $200k and golden crossover for many times.Market cap is increasing at Faster pace with institutional and retail investment and could cross $1.5 trillion within a year with more adoption so holding even 1BTC would be enough also.But it will be best if you try to accumulate more of them.

I don't really disagree with any of your points aysg76, but surely there are limits in terms of how much lump sum investing that anyone can do, and surely those who engage in more aggressive DCA strategies are likely to have decent payouts but it could still take a few bitcoin cycles for all of it to pay off in strongly measurable ways (and no guarantee, either).

Surely $25 or $100 per week would have been very good for the past 9 years or so, and even you seem to be recognizing that there are likely to be lower levels of UPside in terms of magnitude in which any guy's ongoing BTC investment is going to magnify.. so surely I would not be arguing or discouraging any ongoing and even aggressive BTC accumulation strategy.. but gosh it could take a while to accumulate even 1 BTC.. even though you are correct that accumulating 1BTC is likely going to be better than investing the same fiat in some other investments whether it takes 4 years, 8 years or some other longer time frame to accumulate 1 BTC (referring to newbies who may well have a tight cashflow).

And, so ultimately the punchline does remain that once a person recognizes BTC as a good investment to do what s/he can in terms of the level of aggressiveness that he can afford to do without putting his own finances at risk in terms of getting into trouble with covering expenses...or having to draw from his BTC stash that is of any time that is NOT of his own choosing.. and with BTC it is probably much better to be able to allow it to ride for a while before starting to draw from it (so each of us do have to be careful in terms of NOT over investing, too).
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August 13, 2021, 07:15:15 AM

Just found the best indicator on TradingView.  Grin

Although your writing is very casual, I understand it. Cheesy Cheesy
ivomm
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August 13, 2021, 07:24:15 AM

Let's hope the fate of Binance will be different than MtGox, but the latest Defi hack is a red flag for anyone keeping funds on that exchange.
I am not sure where else I can do my LONG positions on. It has huge volume and I kind of like the UI aswell.
I am not a fan of centralized exchanges but Binance is the rock pillar of the Crypto community at the moment.
Breaking it will only break the Crypto space.

I can't give an advice for futures trading. For me futures trading=shitcoins trading=casino=russian roulette. I would give only the advice not to keep coins on any exchange, especially shady like Binance.
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August 13, 2021, 08:01:26 AM


Explanation
dragonvslinux
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August 13, 2021, 08:13:32 AM
Last edit: August 13, 2021, 08:55:48 AM by dragonvslinux
Merited by NeuroticFish (2), El duderino_ (2), JayJuanGee (1)

I still see the local pocket of support that has a strong chance of bouncing the price back above this critical Daily MA, given the strong uptrend on the 4hr chart:



Well this was nice to wake up and see Cool Didn't even test the triple pocket of support, only the 50 MA and straight back up in an uber bullish manner  Cheesy



Despite currently being back above the 200 Day MA, there is a TD 9 Sell Signal to be cautious about (currently shown as a Red 1), so I wouldn't get too excited quite yet:



Looking at recent data, these have been relatively reliable buy/sell signals (5.5 correct sells, 3 correct buys, 1.5 wrong buy/sell). 85% accurate for now?
My guess would be a classic 1-4 candle correction not much else,, unless the 9 is breached (similar to opposite of the yellow X scenario): moon.
Healthy support zone in purple just below the price; 21 MA, 0.382 fib & previous resistance turned support. All looking good to me.
Patience is a virtue 🚀
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August 13, 2021, 09:01:32 AM


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August 13, 2021, 09:40:25 AM
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Delayed response, missed this reply before, rather than ignoring it.


[edited out]

hey, by the same thinking...bitcoin is untested too, just a beta software, no wonder the latest version is 0.21.1  Roll Eyes
10 year wait for results is not productive as some might be immunized by 5-10 different vaccines in the interim.

I waited *almost* 10 years until I invested in Bitcoin, once the blockchain was tried and tested. I knew about it for years, but never trusted it, as I'm naturally a skeptic  Tongue

It seems to me that you are exaggerating a wee bit, even if perhaps you did not start to invest into bitcoin until 2018-ish  - sometime after registering your account here.

Not really I don't think, more badly explained I think. I did "invest" prior to account registration in 2017, but this turned out to be for quick gains, as came "late" into the market basically around $5K, so didn't want to get rekt  Wink
Otherwise invested properly as a hodler in 2018. So in summary either I waited until BTC was 8.5 years old, or 9.5 years old. Hence: *almost* 10 years. But more to the point...

One thing is knowing about bitcoin in 2009 or 2010, you are not saying that you knew about bitcoin then, are you?

I think you misunderstood me. I meant I waited until Bitcoin was almost 10 years. I didn't mean to imply I quite knew about it in 2019/2010 no, but sure I see this was the implication from sloppy English.

Definitely wouldn't have waited around if I was engaged with the software back then and saw it trading for cents! But ultimately wasn't computer literate by then so would have been impossible for me, plus very odd. I did find out about it in 2011 when a homeless hacker-ish friend claimed "this could be worth thousands now it's worth $1", therefore wanted to crack some free internet for us in order to mine some coins... But ultimately he never got that connection sorted. There was no strong enough WEP available from the neighbors, was trying dictionary brute force WPA prior to reaver/WPS, so gave up after a week. He instead got some coins P2P, followed by selling around $5-10 for some high grade weed (a classic case) Cheesy

Then again exposed in Winter 2014 while living with a core dev & (legal/unofficial) "hackspace" for a few months. I did learn a lot, but they were too busy getting high for me to take them seriously. Even when they weren't on acid, it seemed like they were on acid basically. But ultimately, even while being computer literate by then, it still seemed too young and too high risk despite the potential. Especially while beginning it's down-trending at this point after blow off top + had no money then anyway  Roll Eyes 

Plus the crew were annoying af to live with, proper waste of space, so put me off for personal reasons investing in "their ideas".

And really no investment was really available in those earlier times - except mining and bitcoin largely did not have a price until mid-2010. and that was quite vague and weird (such as two pizzas for 10k bitcoin).. so I would not even have considered that there was any meaningful "investment" opportunity in the financialization sense of the word (not just talking about time to mine it or to involve yourself in BTC development or some other kind of investment) into bitcoin until perhaps 2011-ish.. and of course, more and more opportunities for financially "investing into bitcoin" came about with the passage of time.. and moreso maybe in 2013 when more exchanges came about such as Coinbase and Local bitcoins and some others began to become more available.... .. but even then.. still pretty damned niche of an investment - so sure.. somewhere between 2011 and 2013 seem to be about the earliest of days for financial investing into bitcoin - niche as it was  (unless you want to explain some other ideas about what you mean by missing out of investment opportunities into bitcoin by nearly 10 years..

For sure there wasn't a mainstream investment opportunity, especially from the UK. The housemate had already had their unlicensed exchange shut down by UK PLC after making bank so it didn't seem like a sensible idea to try and buy some coins either, even from Coinbase Wink Probably shouldn't add that last part in, as those involved back in these times in this location will know very well who I am talking about. But sure, I was around this scene, and could be one of hundreds of people uninterested in Bitcoin  Wink

So maybe if you say when you found out about bitcoin and describe the kinds of "investment" opportunities might have been available to you in your earliest days of exposure that you failed/refused to partake in...

I think you can tell from my past exposure with Bitcoin, it was relatively high and twice over, being in the the circles I was mingling in. Mining doge in 2014-205 was also standard practice from a housemate I'd be living with for example.
(An ex-housemate I still don't know the username of on here to be honest, but was involved in bounties on here while not busy taking heroin or otherwise)

Don't get me wrong, I am not proclaiming that you are totally off of the planet - because surely there are some particulars that you could likely flush out to bring better meaning to what you are describing - rather than some concepts that could be very easily misunderstood or even mislead people into thinking that there were real and meaningful investment opportunities in bitcoin in the early days beyond for the real geeks and internet nerd specialists (not suggesting any kind of denigration of the nerds).

TL:DR: It's ok, I hear you. Primarily I didn't explain very well the "waited 10 years part". More like waited 6/7 years in total ish, followed by waiting for Bitcoin to become 8/9 years old.
Hope that helps specify the previous response  Smiley



But sure, the more diverse research the better! After Bitcoin there were more than 5-10 different currencies that came about as well.
Nice try though  Tongue

Gosh.. comparing bitcoin research and virus research seems a stretch of a topic.. and who really wants to talk about some some 5-10 different currencies in this here lovey dovey bitcoin thread, unless perhaps we have some shitcoins that we feel like bashing..

Precisely my point, hence this wasn't my initiative as to me it seems like a very dumb comparison Tongue
I was just trying to show how stupid the analogy actually is, thanks for your assistance  Smiley
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August 13, 2021, 09:58:55 AM



chop chop 50k gogo

By Friday night🍀🤞🙏
Weekend Grin
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August 13, 2021, 10:01:31 AM


Explanation
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August 13, 2021, 10:04:02 AM

A nice place to chill in Portugal bitching about the government policies while having a chilled beer with like minded people.Good place to hangout on weekends Grin

 
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August 13, 2021, 10:12:15 AM
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https://cryptonews.com/news/argentina-s-president-calls-crypto-a-hard-currency-that-can-11424.htm
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August 13, 2021, 10:20:44 AM
Last edit: May 14, 2023, 04:29:13 PM by BitcoinGirl.Club
Merited by El duderino_ (2), JayJuanGee (1)

After the double chartbuddy, we have a double BitcoinGirl.Club
What's with this new McDonald's hat?

$50k is not far!
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August 13, 2021, 10:35:15 AM

Hey proudhon can you please check how many days since above $40k now?
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August 13, 2021, 10:47:11 AM

For Euro-landers, we're nearing 40k €... Could easily go beyond it today.
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August 13, 2021, 11:01:27 AM


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August 13, 2021, 11:01:47 AM

For Euro-landers, we're nearing 40k €... Could easily go beyond it today.
We need $50k mark again. It's been long time since we are below 50k
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August 13, 2021, 11:29:35 AM
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Hey proudhon can you please check how many days since above $40k now?

Aug 5 so around 2 days for that thread to die.
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August 13, 2021, 12:01:37 PM


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