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

[eddie13]

WEEEEE!!!

[1714143618]

1714143618

[1714143618]

1714143618

[JayJuanGee]

The amount of money my portfolio lost today was shockingly impressive though. I’m not even mad.

There is a kind of irony in that... and maybe we are kind of getting used to it...

The May 2021 drop of 50%-ish still has to be the highest in terms of quantity for some of us (in a relatively short period of time), but think about the total number of dropping from $69k to $41,972.. That is not an amount for ants.. ..it's 39%.

BLAH!!!!

10,159 Words.
56,675 Letters.

Dayum.

lol

my 1st computer had 1k memory. didnt get to a computer that could hold that JJG post fully in RAM till years later on my CP/M rig with 64k.

too lazy to math out the transfer time on a 300 baud modem but im sure its long enough to fall asleep waiting for it.

oh wait, just like actually reading them irl

You speculate that you got it rough.. just consider being stuck in a body that has to write such 'splainings to have to respond to some of the lame-ass ideas (if you can call them that?) of you goofballs (#nohomo).

well its actually a mouse wheel that had it rough.. as in the rubber part of the scroll wheel separated from the scroll wheel itself. no lie either, i will try to get a decent pic and post it. pretty sad looking, and it gave its life in a valiant effort to save my sanity from your basic JJG sized posts.

JJG if you set up a mouse scroll wheel retread business you could prolly  get a decent side hustle going.

I see... you are going to go there...


Trying to play upon potential sympathies of udder peeps during these trying DOWNity times.. .












I feew sowry for ur wee widdow without stamina mousie...........

























NOT!!!!!!!!
 

[OutOfMemory]

WEEEEE!!!

Oh noes, me thinks he got the Gembitz21  

[strawbs]

I think it's time for a new poll?

[philipma1957]

Last night my long shot toss away pool paid me about 0.145 btc so what god takes in one hand he gives in the other.

I am slowly moving  up  the ladder from crab to fish. Still have a ways to go.

[xhomerx10]

What the fuck does a Coxswap token do? 

On second thought... I don't want to know.

 If the guy sitting at the front of your boat yelling, "STROKE... STROKE..." goes hoarse, the Coxswap token allows you to replace him for pennies a pound.

[naim027]

WOW. Is your GPUs Mining Bitcoin? How? Which Model?

LOL no, that hasn't been possible since like 2013.

I believe anything can be possible. We saw various changes over the years. Miners mining with ASIC Miner, GPU, CPU, HDD, Even Mobile CPU. One day, We will see that your Calculator can mine some shitcoin. Or your monitor can mine some of the shitcoins. LOL

I assume you are mining ETH on Nicehash?

Sometimes Nicehash or MRR but mostly just plain shitcoins and dumping them.

Well, I am a miner myself. Since I don't have too many GPUs,(only 6) So I mine on Nicehash. It's pretty handy. Withdraw to Coinbase without fees. Pretty cool.

[BitcoinBunny]

3 free Big Macs with my 100 Big Macs money since earlier today.  

[JayJuanGee]

Dead cat bounce? Moar pain incoming? 

I have my doubts.. but who knows?

By the way, it seems that my little theory about the "power" of noman's land.. has been somewhat (if not totally?) negated.

Oh well.

It was a good working theory while it lasted.   

hahahahaha

NOT looking good for PlanB... that's what he get's gor getting wrapped up in bottom nonsense that is just way the hell out there...

and even getting to $80k (the used to be top of noman's land) by the end of the year might be a wee bit of a struggle.. though seemingly more reasonably reachable than $98k or $135k.. even though sometimes we know that momentum has its benefits too... .. though surely I am personally expecting some kind of resistance in the sub $100k price arena.. while at the same time many of us likely realize that surprises can come to the upside.. just like they come to the downside, and part of the reason that we can call them a "surprise" is because we do not necessarily put much weight into their happening until they actually happen.. .. interesting that.

Got dip last night
got dip this morning
I still have my $50 a day btc buy in place and will keep it in place.

Discounts galore.

You would not want to go "too BIGGedly" during these dippening times.... rrrrrrrrriiiiiiiiggggggghhhhhhtttttttt?


hahahahaha

[Torque]

WEEEEE!!!

Oh noes, me thinks he got the Gembitz21  

There's no vaccine for, or even natural immunity against GB-21.

I caught it in Feb, was constantly uttering WEEEEEE! for about 8 solid weeks. The knock on effects were brutal though.

[BobLawblaw]

FWIW, gut bacteria is all like "Dude, I have no freaking idea what is going on with price right now. It's probably the beef taco's Rick made the other day. If you weren't about to enter Phase 2 buildout on the ranch, I would say ape in and buy some corn, but, like, you're gonna need the fiat soon, and Rick doesn't want you selling any corn at these prices, so, should tap the last batch you sold if absolutely needed, in the next 90 days..." sorta deal.

I should be blessed that the biggest problem I have is managing which fiat baskets I want to re-arrange to head into Phase 2 buildout, and not have to rely on selling any corn at these shit prices, because I made prior miscalculations.

Very surprised to see us dip to where we currently are - A damn ~$20k blow-off top is kinda impressive, but at the end of the day, I just want to take a nap, and not worry about the price day-to-day.

Life is good.

HODL.

[eddie13]

WOW. Is your GPUs Mining Bitcoin? How? Which Model?

LOL no, that hasn't been possible since like 2013.

I believe anything can be possible. We saw various changes over the years. Miners mining with ASIC Miner, GPU, CPU, HDD, Even Mobile CPU. One day, We will see that your Calculator can mine some shitcoin. Or your monitor can mine some of the shitcoins. LOL

I assume you are mining ETH on Nicehash?

Sometimes Nicehash or MRR but mostly just plain shitcoins and dumping them.

Well, I am a miner myself. Since I don't have too many GPUs,(only 6) So I mine on Nicehash. It's pretty handy. Withdraw to Coinbase without fees. Pretty cool.

Bought a laptop recently and it pulls about 47.5 whatever hash stable on NiceHash mining ETH..
Has already paid for about 10% of its cost..

[ChartBuddy]

Explanation

[serveria.com]

Anything is possible. We're in the "there be dragons" territory. Perhaps we're going to experience weekly or even daily cycles. What if the dump we got today WAS the Bitcoin winter of the next cycle?  

[PoolMinor]

WillyBot is back......you have been warned.

[BitcoinBunny]

4 Big macs earned. I mean come on, it's going back up quicker than I can consume free Big Macs.

[strawbs]

If we breach $50k in the next few hours, lots of filoscratchy bands will have snapped so we can expect an inverted hyperbolic jizz rebound (which can feel painful at the time, even when expected). But now the 19 day moving averages have all been liquidated due to excessive stroking by weak hands. They'll soon become inverted again and double penetrated, which should be fun to watch.

So bullish.

[BitcoinBunny]

If we breach $50k in the next few hours, lots of filoscratchy bands will have snapped so we can expect an inverted hyperbolic jizz rebound (which can feel painful at the time, even when expected). But now the 19 day moving averages have all been liquidated due to excessive stroking by weak hands. They'll soon become inverted again and double penetrated, which should be fun to watch.

So bullish.

[JayJuanGee]

If I had more cash I'd buy the dip too, but I've got everything in BTC now

Of course, I hardly have any clues regarding your particulars, but for sure we should be attempting to establish goals to never run out of cash to buy on the way down and never run out of BTC to sell on the way up.

Of course, there are a lot of discretionary aspects in regards to how to set up these kinds of matters.. and many folks likely realize that I don't believe in the concept of selling until you feel that you personally are in a decent enough BTC accumulation position to justify such a practice.. and surely selling should not have any kind of goal of being able to buy at a lower price, even if in the end, some kind of lower price might well end up coming (which surely happens quite frequently in bitcoinlandia.. but still not a way to accumulate more bitcoin)...

So, for sure, it can feel quite uncomfortable to figure out how to maintain a system that allows you to never run out of cash to continue to buy the dip... which can take a decent amount of work to establish and to feel out.. and surely the longer that we are involved in BTC the more likely that we should be able to figure out some various comfort points to maintain such balances.. and I will agree that all of this sounds all fine and dandy on paper because sometimes in actual practice there are some SNAFUs that are going to cause the running out of cash to buy more dip or even the weaning down of the amount of money that is left in the budget that it causes the amounts of the projected buys to be low as hell.. very low..  of course, for me, personally, I currently have buy orders already on the books that go down to $20k.. but there was a time in the past couple of months that my buy orders had barely gone to $25k.. and I was feeling uncomfortable with that... and of course, in late 2020 and into the early part of 2021 (nearly the whole of the first quarter), I was able to keep buy orders down to $9k... but some of that did get widdled away too based on some real life shit and attempts at personally balancing all my various personal factors (including some projects that I had agreed to enter into in the early part of 2021).

I woke up to my GPUs making 10% more shitcoins (that are converted to bitcoins) than they usually do. Can't be bothered to check why but perhaps shitcoiners are panicking too and paying massive fees to move their defilth around. Good times.

FTFY *







*(and shortly anon, jay will be administering my batslap, no doubt)

hahahahaha

Good way of rephrasing the matter.

Surely there seems to be some kind of dilemmas in the various ways to earn bitcoin or even to talk about that process in these here parts.. when the truth of the matter may well devolve into the practice of supporting shitcoins (and without talking sufficiently negative about such shitcoin involvements) while at the same time failing refusing to describe shitcoin involvement (or consciousness - involved in NFTs now..  look at me, mom...  blah blah blah.. )...  for what it is.. or maybe to talk about the matter in some other thread/forum.

[philipma1957]

If I had more cash I'd buy the dip too, but I've got everything in BTC now

Of course, I hardly have any clues regarding your particulars, but for sure we should be attempting to establish goals to never run out of cash to buy on the way down and never run out of BTC to sell on the way up.

Of course, there are a lot of discretionary aspects in regards to how to set up these kinds of matters.. and many folks likely realize that I don't believe in the concept of selling until you feel that you personally are in a decent enough BTC accumulation position to justify such a practice.. and surely selling should not have any kind of goal of being able to buy at a lower price, even if in the end, some kind of lower price might well end up coming (which surely happens quite frequently in bitcoinlandia.. but still not a way to accumulate more bitcoin)...

So, for sure, it can feel quite uncomfortable to figure out how to maintain a system that allows you to never run out of cash to continue to buy the dip... which can take a decent amount of work to establish and to feel out.. and surely the longer that we are involved in BTC the more likely that we should be able to figure out some various comfort points to maintain such balances.. and I will agree that all of this sounds all fine and dandy on paper because sometimes in actual practice there are some SNAFUs that are going to cause the running out of cash to buy more dip or even the weaning down of the amount of money that is left in the budget that it causes the amounts of the projected buys to be low as hell.. very low..  of course, for me, personally, I currently have buy orders already on the books that go down to $20k.. but there was a time in the past couple of months that my buy orders had barely gone to $25k.. and I was feeling uncomfortable with that... and of course, in late 2020 and into the early part of 2021 (nearly the whole of the first quarter), I was able to keep buy orders down to $9k... but some of that did get widdled away too based on some real life shit and attempts at personally balancing all my various personal factors (including some projects that I had agreed to enter into in the early part of 2021).

I woke up to my GPUs making 10% more shitcoins (that are converted to bitcoins) than they usually do. Can't be bothered to check why but perhaps shitcoiners are panicking too and paying massive fees to move their defilth around. Good times.

FTFY *







*(and shortly anon, jay will be administering my batslap, no doubt)

hahahahaha

Good way of rephrasing the matter.

Surely there seems to be some kind of dilemmas in the various ways to earn bitcoin or even to talk about that process in these here parts.. when the truth of the matter may well devolve into the practice of supporting shitcoins (and without talking sufficiently negative about such shitcoin involvements) while at the same time failing refusing to describe shitcoin involvement (or consciousness - involved in NFTs now..  look at me, mom...  blah blah blah.. )...  for what it is.. or maybe to talk about the matter in some other thread/forum.

Looking earning BTC by Mining ETH (yeah I said it) is fine.

I mine btc and stack
I mine eth and sell it for btc and fiat

End of story

Move on.

Unless I said I was stacking ETH and was hoping for ETH to flip BTC then I would be an a-hole

My BTC usd value to my eth usd value is more than 100 to 1.

And gets more lopsided towards BTC  every 2-3 days.