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

[jojo69]

[ChartBuddy]

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[ChartBuddy]

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[Biodom]

Buddy is on a rampage, lol
Everybody else thinking: TGIF.

[ChartBuddy]

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[ChartBuddy]

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[AlcoHoDL]

Models, models everywhere! [insert meme here]

So much talking about models, when everything we need to know has already been given to us in the White Paper.

Three things:

1. Supply is halved every 4 years -- 50 > 25 > 12.5 > 6.25 BTC ...
2. Buy whenever you can (disregarding current price -- "It's going up forever, Laura!").
3. Sell only when you must (disregarding current price -- you only live once).

I just apply the above and not worry one bit about current price action. Has served me well over the years. My Bitcoin's value is currently around 15x of my initial investment (down from >30x at ATH, but still massive). Why change something that works?

Sure, one could try to time the market and buy/sell at local minima/maxima, respectively, but is it really worth the risk, stress and effort? To me, NO! I just apply (2) and (3), and let (1) practically guarantee profits in the long term. Emphasis on "long", because time is an essential ingredient to the above sauce. It won't taste good if you serve it early -- and might kill you too.

My 2 sats.

[OgNasty]

The amount of leveraged longs at the moment is a little bit disturbing.  Even as the price falls the leveraged amounts keep rising.  That is a whole lot of BTC sales that are hanging over the market.  That along with mtgox funds and ETH2.0 coins being unlocked soon and you've got yourself a perfect storm for a crash.  Not to mention the coming recession.  I sure hope they get an ETF approved soon so it can soak up some of the coming coins that will be hitting the market.  So far I'm seeing more and more future sales hanging over the market's head while guys like Saylor aren't in a position to pile in much more.

[ChartBuddy]

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[ChartBuddy]

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[Hamza2424]

Now lets wait for Tesla / Ellon Musk Announcement.
#GreenBTC

Well BTC haters in term of Environmental effects can now RIP as according to this Survey. Not sure about the considration of this report in market.

https://bitcoinminingcouncil.com/bitcoin-mining-council-survey-confirms-year-on-year-improvements-in-sustainable-power-mix-and-technological-efficiency/

But Now its +ve News here.
We can say next weekly candle may be Green now.

[fillippone]

Christine Lagarde want to let us know what she thinks about Cryptos:

Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated

“My very humble assessment is that it is worth nothing, it is based on nothing, there is no underlying asset to act as an anchor of safety,” she said.

Crypto, I don’t know.
Bitcoin BTC is backed  by Mathematics and Thermodinamics.
You sad bitch.


Edit:fixed broken Link

[ChartBuddy]

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[Lucius]

@fillippone, you forgot to put a link to the content

And as for the opinion of anti-Bitcoin Christine, this is not something new - she has been repeating it since 2019 when she took over the presidency of the ECB. I am more concerned about her inability to curb inflation, and the ECB will reportedly decide to raise interest rates only in July, although the current monetary policy is completely unsustainable.

Earlier this year, Christine Lagarde, who has just been nominated to replace Mario Draghi as president of the European Central Bank (ECB), warned that cryptocurrencies are "shaking the system"—something that could signal a change in the ECB's approach to bitcoin and crypto and potentially spur adoption..."Not bitcoin, of course, but she has advocated already for state-backed cryptocurrencies as well as settlement tokens like XRP and JPM coin. We can expect that someone so crypto friendly in such a position will be good for the industry as a whole."

[ChartBuddy]

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[ChartBuddy]

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[serveria.com]

The amount of leveraged longs at the moment is a little bit disturbing.  Even as the price falls the leveraged amounts keep rising.  That is a whole lot of BTC sales that are hanging over the market.  That along with mtgox funds and ETH2.0 coins being unlocked soon and you've got yourself a perfect storm for a crash.  Not to mention the coming recession.  I sure hope they get an ETF approved soon so it can soak up some of the coming coins that will be hitting the market.  So far I'm seeing more and more future sales hanging over the market's head while guys like Saylor aren't in a position to pile in much more.

Some pathetic paper hands whining we have here!  

[empowering]

The amount of leveraged longs at the moment is a little bit disturbing.  Even as the price falls the leveraged amounts keep rising.  That is a whole lot of BTC sales that are hanging over the market.  That along with mtgox funds and ETH2.0 coins being unlocked soon and you've got yourself a perfect storm for a crash.  Not to mention the coming recession.  I sure hope they get an ETF approved soon so it can soak up some of the coming coins that will be hitting the market.  So far I'm seeing more and more future sales hanging over the market's head while guys like Saylor aren't in a position to pile in much more.

Some pathetic paper hands whining we have here!  

(click for fullsize img)

BTCUSD LONGS ON BITFINEX .....

What could go wrong ?

[ChartBuddy]

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[ivomm]

@fillippone, you forgot to put a link to the content

And as for the opinion of anti-Bitcoin Christine, this is not something new - she has been repeating it since 2019 when she took over the presidency of the ECB. I am more concerned about her inability to curb inflation, and the ECB will reportedly decide to raise interest rates only in July, although the current monetary policy is completely unsustainable.

Earlier this year, Christine Lagarde, who has just been nominated to replace Mario Draghi as president of the European Central Bank (ECB), warned that cryptocurrencies are "shaking the system"—something that could signal a change in the ECB's approach to bitcoin and crypto and potentially spur adoption..."Not bitcoin, of course, but she has advocated already for state-backed cryptocurrencies as well as settlement tokens like XRP and JPM coin. We can expect that someone so crypto friendly in such a position will be good for the industry as a whole."

This is the most disgusting witch/ogre I've ever seen in my life.  Incompetent beyond imagination, brainless ugly piece of shit. Something like a non-binary cake male plane transgender version of putler.  



Eeewww 🤮