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

[ChartBuddy]

Explanation

[JayJuanGee]

Still here & always will be brother. Bitcoin has done so much for me, I bought a house outright, no mortgage this year. I’m retired in my mid 30’s, none of this would have happened without bitcoin & this forum driving me on to buy MOAR.

30 and retired? That's amazing. I finished university in 2016, I was spentdaing my earnings on rent and food, I was hesitating to invest in cryptocurrencies because I was thinking about bitcoin like an average guy. I was still thinking two things:
1. Invest in cryptocurrencies
2. Invest in Bodybuilding

1. Failed.
2. I'm building a career in bodybuilding too but it's not really rewarding compared to the amount of work and effort you have to put in. I have an amazing physique, everyone stares at me when I go out but the money that I have spent on this sport was everything that I was earning and I'm earning, if I have invested that money into cryptos, I would be retired but I got retard like Borat

The price sucks atm but we will rise again, the halving is under 2 years away. $100,000 will come & more after the halving. Now is kind of hibernation time, it’s cold, it’s bitcoin winter but spring will come & a roaring bull market in 2025. Patience young padawan, keep buying everything under $30,000, it’s a steal.

There have been only 3 out of 32 halvings, the game has just begun.

Regarding your number 1.  In this thread, the vast majority of us would likely not know what the fuck cryptocurrencies are, so many of us probably would be glad that you did not invest in something so vague, amorphous and therefore likely stupid that we don't know what it is.

On the other hand, if you are talking about the possibility of investing in bitcoin, which happens to be the topic of this thread, then that would be a great idea... and you really do not need to invest exclusively in bitcoin, you can invest in other things besides bitcoin... such as body building, other skills and education.. and in the end, just figure out an amount that you would like to put into bitcoin as compared with the other things that you might be investing in simultaneously.. whether the amount into bitcoin is $10 per week or $100 per week or some other amount, and just continue to invest..

 Now if you have no money because you are pursuing a path that does not pay such as the pursuite of number 2, then that's your choice, and surely if you have no income or no extra income, then it is going to be challenging to be able to invest into bitcoin, even to employ a more modest (or whimpy) bitcoin investment strategy...

I doubt that anyone is saying that you have to be overly aggressive or assertive in regards to your bitcoin investment strategy in order to be able to profit stupendously from investing into bitcoin - even though surely some of the more aggressive/assertive strategies have ended up in paying off quite well for guys.. but I still think that guys are having to hussle to earn some kind of an income in order to be able to feel comfortable enough to be able to afford to invest aggressively/assertively.

If you do not know the example of mindrust.. he made some mistakes in his bitcoin investing strategies in the 2017-ish cycle, and maybe he had made some of the similar mistakes in the earlier cycle too.. so in 2018 until early 2020, he kept saying that he was going to make up for his earlier mistakes, so in that regard, he got aggressive in his bitcoin investment, but it ended up being too aggressive in terms of his inabilities to handle some of the more extreme BTC volatility periods..

So my points are that you gotta get the fuck started with bitcoin instead of just thinking about it or talking about it, and figure out some kind of a meaningful strategy for you that attempts to be aggressive but not too aggressive, and for sure, if you can figure out some ways to engage in activities that allow you to earn decent money then that might be a good idea.. and for sure we all make personal choices about what we do, including your decision to body build might have some benefits as well, but you seem to be deciding that it is more costly than it is beneficial.. but still it's ultimately your  judgement in regards to how you spend your various investments including your time and your money.

[empowering]

lmao.... funny, and pretty sad...


That being said, what was the attack vector that they utilised?

Ahhhhhhh I see, it was a phishing scam.


Guess he just learned a expensive lesson.


Could have happened to anyone though with any asset if they were unawares or didn't take proper precautions or were careless or w.

[AnotherAlt]

I'm starting to miss the old WO

NFTs? Is this some sort of joke? No, really. Don't look away. Is this SOME SORT OF JOKE?

At least it started out as a joke. Then some mental peeps took it serious.

Fu*k you bros,
This is Wall observer of BTC

[ChartBuddy]

Explanation

[HI-TEC99]

See you at 100k.

Jaywick Sands for 100k?




Party in Jaywick casino?

[Torque]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

[Biodom]

Bought some more SPY calls...sure, a contrarian move, but we (investors) have been pushed down a lot since March; SP500 has to bounce a bit.
Bitcoin timing is trickier, could be ahead or behind by 2 wks..still, should pop back to either 100 or 200d EMA (38-42k-ish).
EDIT: I looked and that UST abomination is up 400% in the last hour, apparently. I wish it just disappear already. Could be causing a bit of a get-along pumpage on the daily.

[Biodom]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Well, media does not report all "normal" stuff, like...geee...Webb telescope reached the desired temperatures and is about to start observations.
I am looking forward to learning if Europa plumes contain some bio signature molecules (yes, Webb can do this).
Long term interest would be if we would be able to detect Dyson "spheres" or not. My bet is...NOT.

TL;DR media bias makes us "blind" to some things that are actually interesting, just not 'sensational'.

[ChartBuddy]

Explanation

[Richy_T]

*Sigh* lawyers screwing up affecting my finances again. Get ready for the rocket if I have to sell some BTC to bridge the gap.

[ChartBuddy]

Explanation

[DaRude]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Funny, had a friend tell me the same thing in 2011. We had fires in California, then that quake, which caused a tsunami, which caused a nuclear disaster. Think there was a plane crash and something else happening, friend was arguing how there was no way it could all be a coincidence

[ChartBuddy]

Explanation

[philipma1957]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Funny, had a friend tell me the same thing in 2011. We had fires in California, then that quake, which caused a tsunami, which caused a nuclear disaster. Think there was a plane crash and something else happening, friend was arguing how there was no way it could all be a coincidence

my wife retired in summer of 2011.

First month of retirement Earthquake,Tornado,Hurricane.


I will check on it as it was 11 years ago but New Jersey had the three things happen in August 2011 IIRC.


Google :

"New Jersey earthquake 2011
Featured snippet from the web
The last significant earthquake felt in New Jersey was on Aug. 23, 2011. That quake originated in central Virginia and had a magnitude of 5.8. Read this:Google Android phones to assist with earthquake alerts and searches. An earthquake with a magnitude of 5 to 5.9 is considered moderately strong on the Richter scale."

https://www.nj.com/weather-guy/2011/08/tornado_confirmed_in_monmouth.html

Google :
"Hurricane Irene
Hurricane Irene moved up the eastern seaboard making landfall for a second time at Little Egg Inlet New Jersey early Sunday morning August 28, 2011. This is the first time a Hurricane made landfall in New Jersey since 1903."


So
Aug 3   = Wife retires
Aug 8   = Tornado
Aug 23 = Earthquake
Aug 28 = Hurricane

A very interesting month indeed.

[Biodom]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Funny, had a friend tell me the same thing in 2011. We had fires in California, then that quake, which caused a tsunami, which caused a nuclear disaster. Think there was a plane crash and something else happening, friend was arguing how there was no way it could all be a coincidence

my wife retired in summer of 2011.

First month of retirement Earthquake,Tornado,Hurricane.


I will check on it as it was 11 years ago but New Jersey had the three things happen in August 2011 IIRC.


Google :

"New Jersey earthquake 2011
Featured snippet from the web
The last significant earthquake felt in New Jersey was on Aug. 23, 2011. That quake originated in central Virginia and had a magnitude of 5.8. Read this:Google Android phones to assist with earthquake alerts and searches. An earthquake with a magnitude of 5 to 5.9 is considered moderately strong on the Richter scale."

https://www.nj.com/weather-guy/2011/08/tornado_confirmed_in_monmouth.html

Remember the first "Man in Black' movie..."You are not sad because of the rain...it rains because you are sad"
Some people are like a queen bee...special.
I am not sure what laws of physics are behind it, heck, it might further suggest that we are in a "simulation" and some 'users' have a bit more 'user-power'.
Mostly (but not 100%) kidding.

[philipma1957]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Funny, had a friend tell me the same thing in 2011. We had fires in California, then that quake, which caused a tsunami, which caused a nuclear disaster. Think there was a plane crash and something else happening, friend was arguing how there was no way it could all be a coincidence

my wife retired in summer of 2011.

First month of retirement Earthquake,Tornado,Hurricane.


I will check on it as it was 11 years ago but New Jersey had the three things happen in August 2011 IIRC.


Google :

"New Jersey earthquake 2011
Featured snippet from the web
The last significant earthquake felt in New Jersey was on Aug. 23, 2011. That quake originated in central Virginia and had a magnitude of 5.8. Read this:Google Android phones to assist with earthquake alerts and searches. An earthquake with a magnitude of 5 to 5.9 is considered moderately strong on the Richter scale."

https://www.nj.com/weather-guy/2011/08/tornado_confirmed_in_monmouth.html

Remember the first "Man in Black' movie..."You are not sad because of the rain...it rains because you are sad"
Some people are like a queen bee...special.

you did not wait for me to post the hurricane info  

[JayJuanGee]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Funny, had a friend tell me the same thing in 2011. We had fires in California, then that quake, which caused a tsunami, which caused a nuclear disaster. Think there was a plane crash and something else happening, friend was arguing how there was no way it could all be a coincidence

The gulf of Mexico oil spill was a big thing also, at that time.

In reference to Philip's point:  Large earthquakes are pretty uncommon in New Jersey too..

Edit:  it also seems to me that DaRude is referring to things that mostly started in early 2011.. which was the fukishima earthquake and the gulf oil spill..  but then Philip is talking about later in the year (2011) (of course giving August dates).

[philipma1957]

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less.

Gee, what are the odds.  

Funny, had a friend tell me the same thing in 2011. We had fires in California, then that quake, which caused a tsunami, which caused a nuclear disaster. Think there was a plane crash and something else happening, friend was arguing how there was no way it could all be a coincidence

The gulf of Mexico oil spill was a big thing also, at that time.

In reference to Philip's point:  Large earthquakes are pretty uncommon in New Jersey too..

Yeah I lived here 30 years 1 earthquake.
I lived in New York City 30 years 1 earthquake
I lived in California 3 years 3 earthquake.

All were not really bad but you knew what they were.

The tornado in 2011 was 4 miles from my house. We had 1 this year 20 miles away. They are more common then they were years ago.

I think 4 hurricanes 2 in NYC
and 2 in NJ

Also a really strong typhoon/cyclone in the Indian Ocean when I was in the Navy.  This was the only thing in this post that got me nervous edgy scared.

My ship was 750 feet long and about 60 feet wide. I work on a deck that was 35 feet above the sea on a flat sea. I went to look at the waves from this storm they were not breakers they were rollers. So tall that when the shine settled in a low spot if I look to port(left) we were 20 foot Lower than the roller. do an about face and look right (starboard) and 20 feet lower then that roller so the rolling waves were about 55-60 feet tall.

I think this was a record breaker in the Indian Ocean. I will look for it (google). BTW Mother Nature showed me how small I really am that day.

https://en.wikipedia.org/wiki/1980–81_South-West_Indian_Ocean_cyclone_season#Very_Intense_Tropical_Cyclone_Florine

...

Very Intense Tropical Cyclone Florine[edit]
Very intense tropical cyclone (MFR)
Category 3 tropical cyclone (SSHWS)
Florine Jan 7 1981 0409Z.png Florine 1981 track.png
Duration   January 3 – January 11
Peak intensity   220 km/h (140 mph) (10-min)  935 hPa (mbar)
Toward the beginning of January, the ITCZ was active to the northeast of Madagascar, spawning a circulation east of Agalega that became a depression on January 3. On the next day, the system was named Florine. Steered between a ridge to its northwest and northeast, the system moved erratically until January 5, when Florine began a steady movement to the south and later southwest. The change in trajectory was because the ridge to Florine's northeast had weakened. On January 6, the intensifying storm passed just west of St. Brandon, where a station recorded sustained winds of 115 km/h (71 mph) and gusts of 148 km/h (92 mph). A day later, the outer eyewall of Florine moved across Réunion island, while the center of the eye passed 25 km east of Sainte-Rose. Roland Garros Airport recorded a minimum pressure of 935 mbar (27.6 inHg), the lowest on the island. A landfall was spared due to a shift in trajectory to the south-southeast caused by a passing cold front.[6] Also around this time, the cyclone reached its peak intensity according to the JTWC; the agency estimated peak winds of 195 km/h (120 mph), based on a Dvorak rating of 5.5.[7][8] The MFR estimated peak 10 minute winds of 220 km/h (140 mph).[6] Florine weakened as it accelerated ahead of a polar trough, and was no classifiable as a tropical cyclone on January 10. The remnants passed west of Île Amsterdam on the next day and continued southeastward.[6][7]

Florine's close passage to Réunion caused injuries to two people. The high winds, peaking at 234 km/h (145 mph) at Plaine des Cafres, affected the island alongside heavy rainfall. Precipitation totals ranged from 100 mm (4 in) near the coast to 1,161 mm (45.7 in) at Foc-Foc. High tides reached 5.2 m (17 ft) at the coast in La Possession. Cyclone Florine destroyed crops and 95 houses. It caused injuries to two people and left around 500 people homeless. The storm knocked down 2000 phone lines and caused disruptions to the power network. Cilaos and Salazie became isolated during the storm, requiring assistance by helicopter. In nearby Mauritius, winds peaked at 137 km/h (85 mph).[6]

I think this was the one and we were sailing 400 miles south of the center to avoid it which is why we just got huge rollers.

[ChartBuddy]

Explanation