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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 26372621 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.)
somac.
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Never selling


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August 29, 2021, 11:51:00 AM



Bitcoin fixes this

Particularly if it goes above 100k this year.
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August 29, 2021, 12:01:40 PM


Explanation
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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August 29, 2021, 12:09:54 PM

a bit of volatility here.

I guess that "we" were not yet ready for UP, even if "we" might have thought that we were ready.

Go figure.


1hr TF


4hr TF

It would seem that there's much room up there than down for Bitcoin to find a place, both on the 1hr and 4hr TFs. I don't even see any resistance up as it were right now.

If there's no resistance up there, then why we not going UP?  Why not moon?  Why not lambo?  Why not hookers and blow?

#justasking.

I am going to blame you, Mpamaegbu.

 Angry Angry Angry
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August 29, 2021, 12:35:28 PM
Merited by vapourminer (1), d_eddie (1), Toxic2040 (1)

Worst summer in years,
Rain, low temperatures etc…
Though I’m happy #Few.
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August 29, 2021, 12:57:41 PM

#justasking.

I am going to blame you, Mpamaegbu.

 Angry Angry Angry
Well, 😅😅😅 that delay is a major speculative design to shake off weak hands. Bitcoin is going up. It has no other choice not to at this point in time.
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August 29, 2021, 01:01:26 PM


Explanation
JayJuanGee
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August 29, 2021, 01:06:27 PM

50K - Where are you Huh



Historically, those kinds of set-ups have not usually ended well for the coyote.  Perhaps that's why notlambchops used to use wylie coyote for his bitcoin naysaying props, and maybe we would not want to be identifying our lil selfies with such wylie coyote in such circumstances.

Just saying.

Borrow money now
Sell it all in December
Enjoy the profit.

Gambling.

But what are the odds?

Surely not a certainty, but likely better than 50/50.  Are the odds as high as 60/40?  I wonder?  perhaps?  perhaps?

In recent years, I had been suggesting to invest in bitcoin with at least a 4-year time horizon, but of course, none of us would be limited in terms of having to have to HODL our bitcoin for the whole premeditated 4-year period, especially if we were to be in profits somewhere in between the buying and the 4-year anticipated investment timeline.

So, my main concern with a strategy that involves borrowing money to leverage your bitcoin as a short-term gamble rather than as an investment would be ability to pay the loan even if the BTC price neither moved in your favor or actually moved against you.  

You would NOT want to be forced to sell your BTC at a time that is not of your own choosing, and especially as a loss, so I suppose at least there would be some kind of planB about what to do if the price were to move against you, do you still sell in those circumstances, or do you pay the loan back with other funds?



Bitcoin fixes this

Particularly if it goes above 100k this year.

I did not know that "we" had any kind of particular magical price target - especially for possible spot price tops within a particular timeframe.  

Does that mean that we should be selling some BTC at $100k or taking some other kind of important milestone action(s)?  

Does above $100k by this calendar year make peeps some how MOAR free with bitcoin that happens to be ONLY 2.07x more than they are right now?  I am considering that 2.07x by the end of the year is hardly even for ants, no?  And, why is there a schedule?  Am I missing something?

I guess you are mostly over your earlier panicking about our $30k downity momentum from a few months ago, somac, yet I do understand that some of us may have bought BTC for prices below $500.. but let's take $500 as an example.  If the BTC price were to go up 2.07x from $48.4k to $100k, then instead of being about 97x in profits, these particular BTC HODLer folks who have average BTC costs of $500 would be supra 200x in profits. Is that part of the point, and 97x versus supra 200x by this calendar year matters in terms of increasing freedom(s) for some of us?

Maybe I should have stuck with a $1k average costs as being a bit easier to calculate? then the profits go from about 48x to 100x, and that creates more freedoms?

#justasking.

I am going to blame you, Mpamaegbu.

 Angry Angry Angry
Well, 😅😅😅 that delay is a major speculative design to shake off weak hands. Bitcoin is going up. It has no other choice not to at this point in time.

You are asking for it now, Mpamaegbu.

First: the price better be going up

Second:  how far is it going?

Third:  wen hookers, lambo and blow?
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August 29, 2021, 01:35:55 PM
Merited by El duderino_ (3), JayJuanGee (2), vapourminer (1), JimboToronto (1), Arriemoller (1), Toxic2040 (1)

Bitcoin polar chart,
Such a beautiful flower,
To those who can see.

Always blossoming,
Its petals never crossing,
Everlasting growth.

You buy and forget,
And come back 4 years later,
Richer, guaranteed.

What more could one ask?
Easy profits on your sleep.
Buffett knew his shit.

Yet, some cannot see,
And keep waiting for the dip,
That will never come.

Others get jealous,
They want to own some corn too,
By begging for it.

Want 3 BTC?
Ask Bob, he'll sort you out good.
You won't feel a thing.

True HoDLers don't beg.
They build ranches and buy lakes,
And burn trees and shit.

When $100k?
Ask proudhon, but remember:
-(-1) is 1

#sundayshaikudigest
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August 29, 2021, 01:57:20 PM
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Nothing is guaranteed aysg76 including the 4 year cycles and including that BTC will always be profitable 4 years later, but otherwise I agree with what you are saying.
For sure we cannot give guarantee that whether it will give profits in future or not but if you look at past graphs we can say that foreseeable future shows bitcoin as the best and deflationary approach and investment which will give profits to the holders.Even if we are not sure we can imagine that after 4 years btc prices will not be same and those who have invested at current prices of $48k also let's say if hold for these 4 years cycle during whole pump and dump would be in profits.

There is also the idea of no correct investment for everyone, so sure some people may end up with some shitcoins in their portfolios based on their circumstances and conclusions about what they believe fits their needs, and for sure I am not advocating shitcoins at all, but I do consider them to be so damned much correlated to bitcoin that it is way the hell better to learn about bitcoin and to get an adequate stake in bitcoin
way before even exploring the mostly nonsense of shitcoins, and frequently those individuals who get involved in bitcoin in fairly deep ways will lose interest for shitcoins, not merely based on monetary performance but based on understanding aspects of what differentiates bitcoins from shitcoins.

Many people think that some shitcoins are at lower prices and low Market cap and they could easily get a big chunk of profits from them and allocate more of them or under someone's influence just invested their life savings into such shitcoins and after market dumps the prices crash,whales take out profits and all other lose funds and then blame the market for the same.Bitcoin is best in safe in all terms like prices, decent returns, security and adoption and why can't they see it.

Speaking of correct investment it depends upon how you want to invest your funds whether for long or short term.Like if we witness and compare all the traditional and modern investment options with bitcoin i don't find anything superior to it.Like gold has given diminishing returns and continue the same over charts,stocks of major companies have not given such return like apple, Microsoft,Tesla and other also but on other side bitcoin has given more then 62000% return to holders within these 13 years.So if we speak about correct investment there is not any but if we make comparisons literally we can find it in btc form which many still lags to understand.I was investing in property market and return were good but after some time due to covid people don't prefer such investment and government policies like construction over them reduces prices.Stock market is Highly dependent on any decision like government or company policy could lead to crash in prices easily and scams are coming out.But bitcoin has provided a hope for investors to secure their future without compromising anything.

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August 29, 2021, 02:01:26 PM


Explanation
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August 29, 2021, 02:12:49 PM

True hodlers Sunday,
Royal Antwerp football club,
Jupilers Pro League.


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August 29, 2021, 02:23:50 PM


https://twitter.com/lopp/status/1431967554914988042?s=20

Smiley Smiley
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August 29, 2021, 02:37:32 PM


resolution of my phone
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August 29, 2021, 02:42:50 PM
Merited by El duderino_ (2), JayJuanGee (1)

#haikuSunday


Flag flew at half mast.
We remember, We will hodl.
Legends of the Fall.

Despair not these days.
Our dream for the World is nigh.
Stand, with your head high.

Now, we are ready.
The journey will continue.
Up, through wave and storm.
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August 29, 2021, 02:49:34 PM
Merited by Toxic2040 (1)

#haikuSunday


Flag flew at half mast.
We remember, We will hodl.
Legends of the Fall.

Despair not these days.
Our dream for the World is nigh.
Stand, with your head high.

Now, we are ready.
The journey will continue.
Up, through wave and storm.

I have heard hodl=2 syllables  Kiss Tongue
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August 29, 2021, 03:01:35 PM


Explanation
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August 29, 2021, 03:04:01 PM


I have heard hodl=2 syllables  Kiss Tongue


+1 WOsMerit


hod + dole = correct sir     well played   Smiley     forgive me?
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August 29, 2021, 03:05:41 PM

Friday pumps?

Or coincidence?



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August 29, 2021, 03:12:06 PM

Smiley Smiley

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August 29, 2021, 03:12:53 PM

Sunday morning speculation

#dyor

1h


4h


still respecting 200ma support...crossing approaches on schedule
D


I imagine most are looking at this weekly candle setup and end of the month consolidation
hang in there...the next two weeks are critical(tm)
W

#stronghands
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