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

[ChartBuddy]

Explanation

[AlcoHoDL]

Man, I can literally see LFC and Arrie fuming...

Hang in there guys. $100k is not too far away. One more year at most. You HoDLed through a lifetime. What's another year?

HoDL, brothers!

One more year?  Holy moley!

You are really rolling your own models, no?

Yeah, bearish, I know... But a realist too.

There's no point in sticking to some target ($100k+ in 2021), when said target becomes increasingly unreachable. PlanB's model is all nice & cute, and it could work under certain circumstances, but here we're talking about far too many uncertain parameters. Of course, this entire price dippening / suppressening / sidewaysening could just end up being a big outlier, and the price could spring back up at any time, reasserting PlanB's model. It's just that I don't currently see the dynamics of such a large UPpity action ($40k+) being able to fit inside the space on 1 month.

Early 2022? Likely.
Within 2022? A certainty (for me).

[AlcoHoDL]

OT:

For those who enjoyed The Squid Game, check out Alice in Borderland (Netflix).

I love Japan. I wish I could live there someday...

[aysg76]

[lightfoot]

It's actually an electric furnace which heats water supplied to wet radiators (with hot water coming from a completely different electric immersion heater) - there is no gas in my rural location. It was installed many years before I bought the house and there seem to be hardly any of them around. I think it probably dates back to the early 1990s. There has been some kind of electrical overloading which has fried at least one, maybe all three, of the internal relays. There's also no guarantee that the element itself hasn't gone too. The manufacturer no longer exists and a search online for known spare part numbers has proved fruitless. So I could spend ages trying to source spare parts; and/or pay 100s for a call-out and repair fee with no guarantee of success; or buy an equivalent modern replacement furnace.

Ah ok, oil retrofit. Electric immersion is pretty simple, the big problem is it's rather inefficient. I wonder if there is a heat pump solution as the loop water only needs to be heated to 120 degrees or so.

Depending on your outside climate (is it cold for just a few days a year or not) and your house power (12kw boiler is 60a so you need at least a 200a service) it might be reasonable. If you own the house and plan to stay awhile I'd say really check out a geothermal solution as those are much more efficient than an air-water heat pump.

Regardless glad you found a short term solution. Sounds like it needs a plumber for the water connections, then an electrician for the wiring work :-)

[BitcoinBunny]

Ghostbusters Afterlife is pretty decent I thought.
Lot of nostalgia.
Maybe some pacing issues but quite a bit of fun.
Don't go in expecting too much though and avoid spoilers if you can.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

Man, I can literally see LFC and Arrie fuming...

Hang in there guys. $100k is not too far away. One more year at most. You HoDLed through a lifetime. What's another year?

HoDL, brothers!

75% of my stash goes nowhere this cycle. I have sold some at $60,000 & at $65,000. I even panic sold some at $57,xxx & $56,xxx recently. I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

I can guarantee 75% of my stash isn’t touched this cycle. Some I’ve sold already though & that will total 25% before Christmas. I won’t regret it either. I will be retired at 35 with a new home without a mortgage, no debt, a lump sum of fiat to get me through to the next cycle. Probably look to invest in some stonks & maybe a small apartment or two to rent out also.

75% going nowhere though.
25% partially sold & will all be sold by New Year.

No regrets, after buying & HODLING since 2014 this is the first time I’ve extracted significant funds from bitcoin. I think I deserve it, less pressure & panic watching charts. Peace of mind is something important I think.

[Syke]

I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

My cash goes into stablecoins to earn 10% apy or more.

[ChartBuddy]

Explanation

[realsteelboy]

Man, I can literally see LFC and Arrie fuming...

Hang in there guys. $100k is not too far away. One more year at most. You HoDLed through a lifetime. What's another year?

HoDL, brothers!

75% of my stash goes nowhere this cycle. I have sold some at $60,000 & at $65,000. I even panic sold some at $57,xxx & $56,xxx recently. I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

I can guarantee 75% of my stash isn’t touched this cycle. Some I’ve sold already though & that will total 25% before Christmas. I won’t regret it either. I will be retired at 35 with a new home without a mortgage, no debt, a lump sum of fiat to get me through to the next cycle. Probably look to invest in some stonks & maybe a small apartment or two to rent out also.

75% going nowhere though.
25% partially sold & will all be sold by New Year.

No regrets, after buying & HODLING since 2014 this is the first time I’ve extracted significant funds from bitcoin. I think I deserve it, less pressure & panic watching charts. Peace of mind is something important I think.

I think we’re on similar pages.

All about being completely chilled and comfortable while still retaining skin in the game. If it goes mental In the next cycle you’re not going to regret living life to the max for the next four years.

 

[ChartBuddy]

Explanation

[hisslyness]

What is soon in your sentence?

By the end of next year cryptocurrency will be as irrelevant as the metaverse.

I suspect we will go up again straight after Thanksgiving in the US. Many bonuses being paid in the last 5-6 weeks of the year. That money is going to go somewhere. Not 0% savings accounts I suspect.

0% savings accounts will prove a better store of value over the long term than cryptocurrency.

You say a lot of dumb shit, but this is probably one of the dumbest shit i've read. 0% savings accounts!.. Tell that to the people of Turkey who just lost 20% of the value of their printed fiat!

Unless you are increasing your wealth 10%+ every year, you are being left behind!! #HFSP

BTW we all know you have 1000+ Bitcoin... So i rarely take any of your shit seriously! #SHODL (Secret HODLer)
 

[naim027]

Hmm, I never saw Purple Thing in Trading  

 
Ah, Green? I love Green. I don't care whatever it is. ex: green candle, green spikes

But, here is mine, Sad Life. market Down  

[strawbs]

It's actually an electric furnace which heats water supplied to wet radiators (with hot water coming from a completely different electric immersion heater) - there is no gas in my rural location. It was installed many years before I bought the house and there seem to be hardly any of them around. I think it probably dates back to the early 1990s. There has been some kind of electrical overloading which has fried at least one, maybe all three, of the internal relays. There's also no guarantee that the element itself hasn't gone too. The manufacturer no longer exists and a search online for known spare part numbers has proved fruitless. So I could spend ages trying to source spare parts; and/or pay 100s for a call-out and repair fee with no guarantee of success; or buy an equivalent modern replacement furnace.

This is the kind of thing where parts continue to be available forever and they are often interchangeable (standard) so it's probably worth to keep investigating a bit more. It just depends which of the bits are broken. When you say relay, do you mean thermostat? Or is it part of the pumping system?

I've now found that the three relays are indeed fried, along with some associated wiring, but I've now taken one of the relays out so I can see exactly what type it is:



And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

[Dabs]

It seems that I recall seeing something like that in the past.  

Who are you quoting?

It's reminiscent of this:

“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”

I just saw Dune: Part 1. I can't remember the previous movie so long ago, but this new one, of course has better CGI and giant worms.

[ChartBuddy]

Explanation

[d_eddie]

I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

My cash goes into stablecoins to earn 10% apy or more.

That sounds like a plan. I like this.

[philipma1957]

https://twitter.com/Cointelegraph/status/1463366530733727747?




The $46.8 billion Aussie retirement savings fund Rest Super has said it is working to provide crypto exposure to its members under its diversified portfolio.

...

Looks like some good news here.

I wonder if 4 cycles will slowly vanish or morph into other patterns.


Other news

https://twitter.com/i/events/1463434373861044224

this will be an attempt to alter  asteroid path.


Please connect some dots.

Musk
Bezos
Nasa

Altering asteroid path

Psyche
Gold
BTC





I am at 64 years old I need to get to say 94 to see those dots connected. 

But mark my words Gold will drop in value and BTC will take it over = connected Dots.

[Torque]

And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

Good call in also replacing any wiring you see, even if it doesn't look fried (or too fried). With wiring, looks can be deceiving...