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

[gembitz]

ok isst time to stop buying stuff with 60k + bitcoin profits!? :-D yeeeeee

[1714142398]

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[1714142398]

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[OutOfMemory]

This current price range is incredibly frustrating. When are we going to break upwards?
Obviously PlanB & his 98k is dead in the ground but this is supposed to be getting close to peak bull season. We really need to start moving up in the next week or so.

Hmm, i'd say when there is up/down deviation, left/right (time) deviation should be valid to a degree, too.
When average price doesn't meet the $100k in a larger timeframe from now-ish, only then i would consider S2F as broken.

[El duderino_]

[Farmer Bill]

Much activity ahead of options expiry date tomorrow.

Bears happy at $58k,

[OutOfMemory]

Yeah, i could bite my ass every day for that vasectomy i underwent three years ago  

Much activity ahead of options expiry date tomorrow.

Bears happy at $58k,

Bitcoin Futures/Options/ETF's are as useful as poop flavored icecream, imho  

[LoyceV]

(source)

Much activity ahead of options expiry date tomorrow.

"Options" sounds very much like "not your keys"!

[BlackHatCoiner]

It's not bears. It's just black Friday next week.

[LoyceV]

It's not bears. It's just black Friday next week.

So why are they selling Bitcoin at a discount already?

[ChartBuddy]

Explanation

[BlackHatCoiner]

So why are they selling Bitcoin at a discount already?

A product, currency, say it however you want, that is on discount since 2009, means that it's not on discount.

[d_eddie]

Much activity ahead of options expiry date tomorrow.

Bears happy at $58k,

I think the "important" options are monthly though - expiring on the last Friday of the month.

[Farmer Bill]

Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.

Aren't you the most insightful of nocoiners that I never did meet?

He's not a nocoiner. He's got a few sats in the address in his profile, and he's hodling them.

I am Just Wondering "How The Heck This NoCoiner Got 20 Merit From a Single Post?"

I am here for the last five years and trying to get at least 100 Merit. But I am failed.

Of course, you gotta ask MNbag about making such a seemingly stupid-ass and irresponsible dispensation of smerits to such a dweeb called billynocoiner.

I already posted and criticized MNbag for exercising such bad judgement to have had merited billynocoiner with that quantity of merits.. but whatever, no need to have merit envy naim027... just focus on working on the quality of your own posts rather than being concerned about the merits that others are receiving.. For sure, there are subjective components involved in the merit system that allows nearly unlimited discretion to members regarding how to spend their smerits (once they earn them).. Of course, merit source members have more limitations involving being restricted from behavior that amounts to selling of their smerits, but still even merit source members have quite a bit of smerit spending discretion, so it does not seem be psychologically healthy to be questioning whether others deserve as many merits as they had been receiving. .even though sure, you are likely correct that billynocoiner did not deserve any kind of merits and there seems to be some weirdness in why any kind of genuine member would have reasonably concluded that billynocoiner deserves any merits.. let alone 20 for one post.. and put that on MNbag for contributing to that seeming nonsense.. Let's move on..

By the way, you are misquoting me too naim027.. Your quote seems to attribute me with a point that HI-TEC99 made. 

This one:  >>>>>"He's not a nocoiner. He's got a few sats in the address in his profile, and he's hodling them."<<<<<

Sure, mistakes are made, but try NOT to be erroneous in your post attributions.

Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.

Aren't you the most insightful of nocoiners that I never did meet?

He's not a nocoiner. He's got a few sats in the address in his profile, and he's hodling them.

I am Just Wondering "How The Heck This NoCoiner Got 20 Merit From a Single Post?"

I am here for the last five years and trying to get at least 100 Merit. But I am failed.

Actually, your account is four years old.
And the merit system is younger than that.

another good point, d_eddie.. and naim027 ONLY has 109 posts... and of course, there are a decent number of us who are disinclined to grant credibility or even benefit of the doubt when a user shows his lil selfie inclined towards the exaggeration of facts (unless there is an obvious joke attempted therein, which is not the case with what naim027 seems to had been striving to achieve with those representations).

I appreciate your feedback about it. Yeah, I did misquote you. I am sorry about it. I am on vacation and I wrote that with mobile and I made that mistakes.

I am scared of what I am writing, IDK how you guys will take it.
cAPSLOCK asked to Argue with you. I know he is joking

Write whatever you want to and don't give a shit what other people think.

King daddy is baby talk for BITCOIN. a subject occasionally brought up here.

Although most of us have a dirty secret (a small amount of shitcoins) best to keep it that way - a secret - or convert them to Bitcoin.

Don't try too hard and you'll fit right in to the WO.

[Paashaas]

[Farmer Bill]

Much activity ahead of options expiry date tomorrow.

Bears happy at $58k,

I think the "important" options are monthly though - expiring on the last Friday of the month.

There's just over $1 billion open interest options with 19 November expiry.

Yep more crap next week ahead of the last Friday of the month.

Salary day and Bitcoin buying day for one of my sons.

[naim027]

Write whatever you want to and don't give a shit what other people think.

King daddy is baby talk for BITCOIN. a subject occasionally brought up here.

Although most of us have a dirty secret (a small amount of shitcoins) best to keep it that way - a secret - or convert them to Bitcoin.

Don't try too hard and you'll fit right in to the WO.

Thank you very much for your explanation and valuable suggestions. I will keep it in my mind and I will try to follow them.

BTW, I am watching the DIP without money

[ChartBuddy]

Explanation

[JayJuanGee]

https://twitter.com/bitcoinundisc/status/1461191574201716740?s=21

That's bullshit.

bitcoin is open to everyone and anyone, even though there might be some traits of conviction and bucking the trends that relate to some of the early adopters who also understand bitcoin sufficiently enough (or are willing to take some chances on it) to both invest into it and to HODL through the negative periods.

It's almost too difficult to attempt to generalize too much about who are what bitcoiners are even though there are various types that have historically existed an there are certain types that might either go through a shitcoin journey before coming over to bitcoin and their experiences and views of shitcoiners might help to define what kind of bitcoiner they are.  Oh yeah, and there are some bitcoiners who are active in forums like this and some bitcoiners who are not.. so youcannot even necessarily judge what a bitcoiner is merely based on the postings of the more actively interactive of bitcoiners even if you might be able to suggest that "an active bitcoiner is like x, y and z" but sometimes even an active bitcoiner might not be telling you about himself/herself even if s/he is posting ideas about bitcoin as a topic.

Oh, as I was typing, I realized that there was another kind of bitcoiner too.. There are some bitcoiners who have been into bitcoin for a decently long period of time and they hardly know shit about bitcoin and whether or not they can provide good reasons for why they are in bitcoin can vary quite a bit too...We are still very new to the bitcoin space, and surely with the passage of time more and more members of the public will come into bitcoin, and largely who is in bitcoin will just become something similar to asserting who is into the dollar.. nearly a meaningless framework - even if now there are some ways to attempt to contrast who's into bitcoin and not and even the fact that those of us into bitcoin are still quite early adopters and those who are coming into bitcoin are early adopters too and some of them recognize that dynamic and others are less clear about the whole matter - nothing wrong with not being very clear about something that is relatively  new in terms of its age and unclear in terms of what some of its future impacts are going to likely be.

This current price range is incredibly frustrating. When are we going to break upwards?
Obviously PlanB & his 98k is dead in the ground but this is supposed to be getting close to peak bull season. We really need to start moving up in the next week or so.

Of course, you likely have gathered that I remain personally disinclined to take any kind of BTC price dynamic for granted - especially if either time or quantity of movement are too locked-in.    And, of course, if any of us were a whale, we might have an incentive to force the opposite of what the vast majority of normies are expecting.   

We know that in bitcoin we have some hard/physical realities that have historically caused several bearwhales to get reckt as fucked by carrying out their actual bets against bitcoin, so surely over the years, they have developed more and more tools to be able to bet against bitcoin without actually putting any bitcoin at risk so attempting to fuck around with bitcoin's supply - and surely whether those naked shorting abilities are going to end up biting them in the ass is still to be found out.  I would not proclaim to know much of anything about these topics, and there are quite a few of us (including yours truly) who are willing to continue to bet on UP.. and maybe even continue to count on historical experiences that have shown us that betting on down and/or inadequately preparing for UP has been a place where many normies (and even experienced) bitcoiners have gotten tripped up in the past.

By the way, we are having some ongoing downity as I type this post (which makes it more difficult for me to lock-in what price we are at exactly as I type), so currently we have gotten down to $56,814- which is about a 17.5% correction.. so it is not an insignificant level of correction (and does not really seem to be over, yet), even though we know that more extreme corrections that even go into the supra 30% levels have commonly happened in the past while we had then been in the upwards phase of bitcoin's price movement.. just my long-winded way of asserting that I am not worried yet - even if you, LFC, are asserting that "we are supposed to be going up" which is largely a bunch of nonsense to be proclaiming that we (meaning king daddy) "have to do some certain level of price performance exactly on schedule.. blah, blah, blah".. and yeah for sure, I agree with you that it becomes way more difficult to be reaching PlanB monthly levels when we are moving opposite to what seems to be the right way to reach such numbers.. but PlanB can go fuck himself when he is also trying to too much lock king daddy into too much of a "must happen" schedule.

[El duderino_]

Interesting price we have honesty

Lot of people wanna sell higher prices, but with this dump I see a lot of friends also worrying
So some will think so I have to sell, do I HODL

(For them who want like few % out to support coming years etc)

I think such dips are designed for those kind of older HODLer coins

You know from under a K or even under 5k and a healthy stash then 50K + is still reasonable

Also some probably where tempting 59-lower 60’s but with each pump a little relief of it’s gonna be altight and back on track…
Then this horror (which still is a tiny dip in the dip, but feels like horror when a few sell wishes)

This all together with some guru miss prediction possibilities “PlanB” for example… drives some people of making decisions as worse as good, though a 50K + sell if FIAT needed still not the worse (if % kept low and considered just to be OK)

Some will still HODL no matter what cause they still believe in the Bull Run, I’m one of those
I did sold some over 60k to support RL, if we do serious DIP then I buy back for sure as well…

I do sell but do maintain DCA when I can.

[OutOfMemory]

It's not bears. It's just black Friday next week.

C'mon! I think i remember that quite some amounts were moved before black friday in the past years.

Same conclusion. 1 + 1 = 2 (or 3, or 4)

[naim027]

Could you guys please tell me what is the secret of your hats? I am sorry if I am bothering you guys by asking that kind of stupid question. I visited a thread and its title saying "No hats? Fuck Off"

I am not so old member and I don't know about it yet.

Thanks in advance 😁😁