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

[shahzadafzal]

So Biden's answers to inflation is SOB.

Only if he knew Bitcoin.

[ChartBuddy]

Explanation

[aysg76]

While CB is off road you guys just have this one and take a chill pill or btc pill whatever you want to :



This is really strong one during this time so make sure to do as instructed which says HODL

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[OutOfMemory]

Long time I have been hearing from Roger actually and much longer from that Jihan character

Both forked themselves into irrelevancy

Roger pretty much disappeared from everywhere...
Bitcoin talk: Not Active
Twitter: Dead
Reddit: disappeared
But it is very active non.. Drumroll..

Instagram!


Not a nice view, tbh.

A coke withdrawal and its consequences just aren't nice to view  

I think I just made the biggest decision of my life. I have converted nearly all my savings in fiat that I have amounted over my life time and invested all of it into Bitcoin @ around $36,850. I am in a weird place now because I know it is the right decision and I have confidence in my decision but I am shaking all over the place. I have kept some emergency fund in my personal bank and if any other unexpected costs arise I will be prepared to take out what is required again from my Bitcoin fund.

...

... respect. Welcome to the All-In Club.

... relax,  leave the old world behind as much as you can.

FTFY:
... relax,  accept the old world as much as you can.

for no being a part of it any longer

Poor fiat-evangelists deserve some empathy, don't they?

Well, if you sell old corn, it's not really "the bottom"

That makes no sense OOM.

Think again:
If you'd have mined BTC at a price of $300 (for example), how can $35k be the bottom? 
Sure, it's not the best profit for a miner, not as much as selling to exchanges at $69k, but it's quite far from "selling at the bottom".

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[vapourminer]

I think I just made the biggest decision of my life. I have converted nearly all my savings in fiat that I have amounted over my life time and invested all of it into Bitcoin @ around $36,850
[...]

In the end, BTC will either go to zero or it will be a great success. [...]

10 years ago i found bitcoin, and vowed i would ride this pig either into the ground or right to the moon. its allowed me to retire early already.

its a pretty good ride.

and of course it could go to zero tomorrow too. as long as youre cool with that Welcome!

[ChartBuddy]

Explanation

[ImThour]

[Torque]

I think I just made the biggest decision of my life. I have converted nearly all my savings in fiat that I have amounted over my life time and invested all of it into Bitcoin @ around $36,850
[...]

In the end, BTC will either go to zero or it will be a great success. [...]

10 years ago i found bitcoin, and vowed i would ride this pig either into the ground or right to the moon. its allowed me to retire early already.

its a pretty good ride.

and of course it could go to zero tomorrow too. as long as you're cool with that Welcome!

After 12 years we are now a lot closer to moon than to zero. And pretty clear in which direction it is heading. Also, Wall Street wouldn't bother with ETFs if it had a chance to go to zero.

[vapourminer]

and of course it could go to zero tomorrow too. as long as you're cool with that Welcome!

After 12 years we are now a lot closer to moon than to zero.

i dunno man my moon is pretty up there. i like BIG numbers not mediocre (even for for ants) numbers. so $35k USD is closer to zero than my moon.

[UnDerDoG81]

Yesterday I saw a video on Tiktok from this Pablo guy (thinks he is Bitcoin Jesus). He is saying that Michael Saylor bought almost all of his Bitcoin in leverage, that he is only the CEO of Microstrategy and that if the others want, they can panic sell all Bitcoins without MS agreeing to it and that he lost trillions in the dot com bubble. I was always suspicious about Michael Saylor, but then again, I never trust rich people.

I have no clue about all this and wonder what you all think about this? Will MS be the new MtGox who will cause the next Bitcoin crash at some point?

[cAPSLOCK]

I think I just made the biggest decision of my life. I have converted nearly all my savings in fiat that I have amounted over my life time and invested all of it into Bitcoin @ around $36,850. I am in a weird place now because I know it is the right decision and I have confidence in my decision but I am shaking all over the place. I have kept some emergency fund in my personal bank and if any other unexpected costs arise I will be prepared to take out what is required again from my Bitcoin fund.

The process of buying this amount was not easy I had to call my bank because the transaction was blocked then I had to wait 20-30 minutes for the bank to answer me. After that the customer service guy tried to lecture me about how cryptocurrency is very risky to invest in. I told him I had been around number of years but he said he had to go through all of it. I then had to confirm that I wanted to send this amount knowing the risk. They wanted me to come into the local bank and confirm some details but I told them because of the snowy conditions that would not be possible. He then allowed me to go through verification and send the amount. This probably took me over 2 hours to complete because I was put on hold many times. But do you know what the biggest eye opener of this experience was? with Bitcoin I would not need to go through this waste of time confirming my details because now I am my own bank. I do not need permission to spend my money even if it is for a risky investment. I am both relieved and scared. I have a lot of faith and I think I have bought at the best possible time and before completing the purchase I was 99% sure this was the right thing to do but the nerves have kicked in and I think I am probably about 60% sure now.

I am sure it has been said several times, since you posted.  Most of us will agree you have done something quite smart.  But of course it could be a rocky road.  Some folks think we will keep going down from here... others think it is a local bottom.

Aside from my home, which I own, I have my entire net worth in BTC.  It's tricky.  If you have 10 thousand dollars it will remain exactly 10k$ for ever, whole goods and services go up in price little by little.  With bitcoin you will also have (currently) a little more than .25BTC, but its value in goods and services can go up and down violently as it trends up (the opposite of the USD).

So there are two differences.  For it's whole life a single bitcoin will buy you more and more over time.  Over the long haul.  With 300% rises and 70% falls along the way, while the USD is steadily dropping in value, but more smoothly.  at ~x%/yr. Though that has recently changed to a faster pace.

Anyway.  The thing you have to be ready for are the thoughts of "OMG I made a mistake" when it goes down, and strangely also look out for "WOO HOO!! I AM A GENIUS" when it goes up!

Every time my wife and I look at property in Hawaii it is generally the top oif the most recent cycle.

So I have currently tried to stop doing that... to see if, indeed, it is all my fault every time!

Welcome, and best of luck to us all!

[Torque]

So Biden's answers to inflation is SOB.

Lol

[Torque]

and of course it could go to zero tomorrow too. as long as you're cool with that Welcome!

After 12 years we are now a lot closer to moon than to zero.

i dunno man my moon is pretty up there. i like BIG numbers not mediocre (even for for ants) numbers. so $35k USD is closer to zero than my moon.

Then you're gonna be waiting quite a while.

I guarantee it'll take a lot longer for the price to go from $35K to moon, than it did from zero to $35K.

That's why everyone that thought we'd be at $100K+ by now got burned bigly.

[ChartBuddy]

Explanation

[philipma1957]

and of course it could go to zero tomorrow too. as long as you're cool with that Welcome!

After 12 years we are now a lot closer to moon than to zero.

i dunno man my moon is pretty up there. i like BIG numbers not mediocre (even for for ants) numbers. so $35k USD is closer to zero than my moon.

Then you're gonna be waiting quite a while.

I guarantee it'll take a lot longer for the price to go from $35K to moon, than it did from zero to $35K.

That's why everyone that thought we'd be at $100K+ by now got burned bigly.

so   2009 0
and 2021 35k


call moon?
100k
250k
350k
500k
1m

12 years from now

100k seems pretty easy
250k also looks easy enough
350k

[BitcoinBunny]

Keep rockin' in the shut your mouth Joe Rogan world.


https://www.mirror.co.uk/3am/celebrity-news/neil-young-demands-spotify-remove-26043813