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

[ChartBuddy]

Explanation

[empowering]

TLDR - basically a mental breakdown

Bro Really How much time you took to compose it.
Anyhow I got all what you said. Personally i try to avoid the Shitcoins talk reason some of Our community memeber don't like and its the rightthing that this thread is for BTC Only.

Unlike Your point of Some advancement in Shitcoins and the their experimental excersise made some inovation as the concept of tokenizing anything which seems attractive to user many of the Crypto users made Massive money from Shitcoins.

You could have snipped that, I have bitch tits on ignore so I do not have to scan through endless waffle whenever he has a mental breakdown because someone else has an opinion.

[modrobert]

It is seeming as if it may well be better to put those covenants/smart contracts on second or third layer of bitcoin rather than on the base layer.

Exactly this, anything like BIP 119 should be in a higher layer, maybe even on top of Lightning in the current framework. I think the reason Bitcoin is king is in part due to its solid foundation development wise, core needs to be minimal and secure, lets keep it that way.

Yeah, we cant put fungibility on the base layer but sure lets throw a attack vector on there so the scammers can run shitcoin P&D's all day.

Agreed, one of the risks with BIP 119 is the potential for blacklisted coins, that would make Bitcoin less fungible, this is a bad idea, especially at the core level.

[ivomm]

Thanks to Revolut, I can transfer to any exchange fiat and buy in 2s. This is my 3rd purchase in 2 days. (I would NOT reccomend buying inside Revolut, since the fee is 3% - just insane!) Suddenly the dusty scheme of rebuying back is on the table. I don't have any hopes or illusions for low prices, but I prefer to make a precise calculation in advance, in case some more crashes are incoming. I don't have problems buying in crashes. On the contrary, I feel like a shark preying in bloody waters   But, I have a problem selling too much in the early stage of a big bull run. I knew 15K-30K was a dead zone, but I just couldn't resist after all those years of crashes. This mistake is still haunting my dreams. It seems that for my psychology it is easier not to sell anything than to sell a small amount and keeping it that way. Hopefully, next time I will not fall for that. I know better times are coming soon after this bear BS is over. Well, now I have some fiat in the bank unlike before, when I was all in. This makes me more comfortable not selling at all in future. May be some day I could buy even a house with a BTCitcoin backed loan, so I really may not need to sell for fiat at all.

[ChartBuddy]

Explanation

[OutOfMemory]

Explanation

Fu*K ChartBuddy

Dude, don't diss our beloved ChartBuddy 
It's just a mirror to your feelings.
Knowing that, you know what you have to do now, right?

[BobLawblaw]

Who's our next Mindrust?

Was just thinking about him the other day.

I would hope the lot of us has matured more since then, and learned to embrace this volatility.

[ChartBuddy]

Explanation

[OutOfMemory]

Who's our next Mindrust?

Was just thinking about him the other day.

I would hope the lot of us has matured more since then, and learned to embrace this volatility.

Bitcoin is much more than fiat gains.
That's the mindset that helped me a lot dealing with volatility.

[savetherainforest]

Who's our next Mindrust?

Lets hope it's JJG.    

[ChartBuddy]

Explanation

[Gachapin]

Who's our next Mindrust?

The question is would he actually tell us after watching how infamous Mindrust got...

Who's our next Mindrust?

Lets hope it's JJG.    

Made me laugh! Thanks 

[ChartBuddy]

Explanation

[vapourminer]

Who's our next Mindrust?

Was just thinking about him the other day.

I would hope the lot of us has matured more since then, and learned to embrace this volatility.

yeah

the only real time i pay any attention to price drops is when the suicide hotline posts get pinned over at r/bitcoin . then ill actually start reading around for any reasons for it. plus buy the cheap corn of course.

those were the days.. the "mindrust effect"  would hit the masses.. unfortunate for them.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

When we go sub $30k, who sold at the bottom?  

Who's our next Mindrust?

Dunno but there will be one or even a couple. Let’s face it though, most of us bought most of our stash a hell of a lot lower than this so for me and I’d assume the majority here, the fear is a lot lower than in previous cycles.
We can afford to let King BTC do what she does, without being crying bitches over it.

If we go to the moon I will be the happiest man alive but if we crash to below $30,000 & beyond I will buy as much of what I sold, back, at a 50% discount (minus capital gains taxes).

Happy fucking days, whichever way she goes.

Will be quite entertaining to see the next Mindrust. Although, I’ll probably not see it unfold live as I’ll be frantically checking buy orders & trying to send MOAR fiat to exchanges.

[machasm]

When we go sub $30k, who sold at the bottom?  

Who's our next Mindrust?

Dunno but there will be one or even a couple. Let’s face it though, most of us bought most of our stash a hell of a lot lower than this so for me and I’d assume the majority here, the fear is a lot lower than in previous cycles.
We can afford to let King BTC do what she does, without being crying bitches over it.

If we go to the moon I will be the happiest man alive but if we crash to below $30,000 & beyond I will buy as much of what I sold, back, at a 50% discount (minus capital gains taxes).

Happy fucking days, whichever way she goes.

Will be quite entertaining to see the next Mindrust. Although, I’ll probably not see it unfold live as I’ll be frantically checking buy orders & trying to send MOAR fiat to exchanges.

As you say LFC, It is a lot easier to stomach when you are already up several 1000%. Even though it still looks ugly It isn't as bad as if you got in on the way up before the last ATH and are now below your entry point.
For me, and many of us here, we can sit and watch the world burn in the knowledge that we have already benefited far more than what it originally cost us.
For my fellow bitcoiners who are new to the game my advice is to HODL strong and you will be handsomely rewarded (eventually!).

[ChartBuddy]

Explanation

[shahzadafzal]

Explanation

[machasm]

Bitcoin is the currency of the Internet:

A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoin is issued and managed without any central authority whatsoever: there is no government, company or bank in charge of Bitcoin.

As such, it is resistant to inflation, corrupt banks and self serving govts. It cannot be turned off. It cannot be corrupted. Govts cannot take it from you. Bitcoin has the capability to replace all currencies and last for a thousand years or until something better comes along.

I think we call this 'Preaching to the choir'.