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

[ChartBuddy]

Explanation

[1714177241]

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[1714177241]

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[1714177241]

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[Mpamaegbu]

That should be another win for CZ and his team.

https://blockworks.co/binance-gains-regulatory-approval-in-italy/

[ChartBuddy]

Explanation

[savetherainforest]

Trump And Mnuchin Tag Team To Take Down Bitcoin'

Trump? Mnuchin? ... Aren't they ded?   

[ChartBuddy]

Explanation

[Arriemoller]

Germany sending weapons to Ukraine.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[becoin]

Although the price doesn't look sexy now, we should appreciate that BTCitcoin passed through both the covid crisis and the war in Ukraine with minimal losses. We live in a rapidly changing world, where instead of 2 now we have only 1 super-power left. I mean because of the stubborness of putler, ruZia lost most of its war machines and is on the way of losing them all. They have no aviation, no tanks, no cruise missles left, and Nato's arms are not even deployed in numbers yet. This is a total humiliation for a nation of drunkards pretending to be something else. The anger and fury of putler is entertaining. He is desperately trying to scare the world by showing off his nukes, which is laughable even according to one recent comentator on their national TV. For me it is clear that we will have the first in the world's history capitulation of a nuclear power. But, I'm a bit worried if there is a civil war in ruZia, which is quite probable in the coming years, how this would affect the price of BTCitcoin. Apart from this, the next halving is coming in 2 years and the FOMO will kick in soon. If BTCitcoin holds the 30K range until then, we can safely assume that the next bull run the price will go way over 100K.

Wishful thinking entirely detached from reality quite common among zombies and victims of the Anglo-American propaganda machine.

 

[AverageGlabella]

How to put this delicately... if a 20% drop is "big" then perhaps the certainty wasn't very certain? I mean many here hold coins they didn't sell at $69k, which is not much different from having bought at that price, and that's like a 60% drop AKA just another Wednesday.

Presumably your investment horizon is longer than a couple of months so you should just forget about the price and stop checking it every day if that affects your mood.

My investment is for the long term but I can not help feel down when I see 10000s get knocked off my investment I think this is natural to have self doubt?

1) Sounds like you have a great wife.... hodl.

2) What was your timeframe? if your retirement timeframe was not a plan to retire 2022,2023,2024..... then bro it is likely NO SWEAT at all.

3) Remember the halvening cycles, check the halvening cycles  vs  the price chart


4) If at all possible, set a price alert , set and forget , see where things are at run up to and post the next halvening

My investment time was beyond 2030. I have not lost hope I think people might misunderstand when I say I have doubt I have doubt because when I purchased that Bitcoin 1st I was shaking this was not because I was worried but because it was a uncontrollable reaction my body had when I made the order. When I got it in my exchange wallet I prolly checked the address 100 times before sending I even sent multiple "test" amounts to not fuck up.  

my wife has been good to me she was not a fan of the idea at 1st and it took some convincing and now the price took a hit I was nervous to tell her because she does not look at it. I was expecting a meltdown but it was the opposite she reassured me by saying you were so confident before so I think we will be ok.

.
By the way.. in the past several months, have you continued to study into bitcoin, such as reading more or listening to podcasts?  Of course, we have more and more smart-people coming into the bitcoin space, and there are all kinds of smart people in bitcoin, if you have time to study into some of the better and smarter ones, and I cease to be amazed by some of the smartness of some of the folks coming into bitcoin...

Yesterday, I heard about a 2-hour interview on Swan Signal (podcast) with Greg Foss and Max Keiser..and they both seem to be very good at understanding various macro circumstances that affect the bullish case for bitcoin, and maybe you would like to listen to their discussion?

Here's a link:   https://overcast.fm/+YwHTgOmEU

At one point, I had considered providing a list of the better podcasts because it surely makes a difference to be listening (or following or reading) the smarter folks... there's misinformation and bullshit marketing and scams out there too.. and even this thread is not completely free from having some folks slipping in with not so great information.. yet of course, it would still be your responsibility to be trying to sort the wheat from chaff.

I took a break because I did not want to be monitoring the price every day so I have not been active here or googling or podcasts. I have changed my opinion now because I feel reassured when people are talking about why Bitcoin will eventually be ok and I see you guys here not worrying which helps me but I will try to continue to earn Bitcoin to to make me feel better when it is going down it will give me a chance to accumulate more to. 

I will give the podcast a listen and get back to you with my thoughts thanks.

[ChartBuddy]

Explanation

[empowering]

Bullish on feeling like death all day

Bearish on life

Hungover the edge


ps- shoot me in the face

[AverageGlabella]

ppps- In a couple of years you will likely look back at your purchases and be saying "I am a fuckin genius"

Fuck it I am a fuckin genius. Get me my 'fuckin genius' hat.

[Torque]

The media is actually trying to relate the TerraUST/Luna collapse to some sort of "Bear Stearns moment" for crypto.

https://www.cnbc.com/2022/05/28/60-billion-terra-washout-not-cryptos-bear-stearns-moment-regulators.html

What the actual fuck are these people smoking? 🤣

If there was ever something akin to a 'Bear Stearns moment', it would have to have been the Mt. Gox collapse.

That was 9 years ago.... and look at where we are now, flying higher than ever.

[AverageGlabella]

The media is actually trying to relate the TerraUST/Luna collapse to some sort of "Bear Stearns moment" for crypto.

https://www.cnbc.com/2022/05/28/60-billion-terra-washout-not-cryptos-bear-stearns-moment-regulators.html

What the actual fuck are these people smoking? 🤣

If there was ever something akin to a 'Bear Stearns moment', it would have to have been the Mt. Gox collapse.

That was 9 years ago.... and look at where we are now, flying higher than ever.

Great perspective even when we have had times where everything been against us like the Mt. Gox collapse we still soared higher than ever. That was early on in Bitcoin to which prolly means Bitcoin was more fragile with less people using it.

Fuck cnbc they are full of shit even when covering legit stories they make up shit.

[Hhampuz]

The media is actually trying to relate the TerraUST/Luna collapse to some sort of "Bear Stearns moment" for crypto.

https://www.cnbc.com/2022/05/28/60-billion-terra-washout-not-cryptos-bear-stearns-moment-regulators.html

What the actual fuck are these people smoking? 🤣

If there was ever something akin to a 'Bear Stearns moment', it would have to have been the Mt. Gox collapse.

That was 9 years ago.... and look at where we are now, flying higher than ever.

Great perspective even when we have had times where everything been against us like the Mt. Gox collapse we still soared higher than ever. That was early on in Bitcoin to which prolly means Bitcoin was more fragile with less people using it.

Fuck cnbc they are full of shit even when covering legit stories they make up shit.

Forgive me if my eyes are deceiving me but doesn't that article say that it is NOT a bear stearns moment?

[Torque]

The media is actually trying to relate the TerraUST/Luna collapse to some sort of "Bear Stearns moment" for crypto.

https://www.cnbc.com/2022/05/28/60-billion-terra-washout-not-cryptos-bear-stearns-moment-regulators.html

What the actual fuck are these people smoking? 🤣

If there was ever something akin to a 'Bear Stearns moment', it would have to have been the Mt. Gox collapse.

That was 9 years ago.... and look at where we are now, flying higher than ever.

Great perspective even when we have had times where everything been against us like the Mt. Gox collapse we still soared higher than ever. That was early on in Bitcoin to which prolly means Bitcoin was more fragile with less people using it.

Fuck cnbc they are full of shit even when covering legit stories they make up shit.

Forgive me if my eyes are deceiving me but doesn't that article say that it is NOT a bear stearns moment?

To even mention that (TerraLuna and Bear Stearns) in the same breath is a travesty of journalism, especially as mature and resilient as the Bitcoin market is today.

I fucking hate the crypto market, if for no other reason (and there are many) than it to be continually associated in any way whatsoever with Bitcoin.

The MSM keeps making the association like this:

Stablecoins/Shitcoins ---> crypto ---> derivative ---> Bitcoin


That would be the same as saying:

Penny stocks ---> stocks ---> derivative ---> S&P 500

[Hhampuz]

To even mention that (TerraLuna and Bear Stearns) in the same breath is a travesty of journalism, especially as mature and resilient as the Bitcoin market is today.

I fucking hate the crypto market, if for no other reason (and there are many) than to be continually associated in any way with Bitcoin.

The MSM keeps making the association like this:

Stablecoins/Shitcoins ---> crypto ---> derivative ---> Bitcoin


That would be the same as saying:

Penny stocks ---> stocks ---> derivative ---> S&P 500

You are correct, but these days I can't even say I'm disappointed or even surprised. I have become jaded to the supposed "journalism" we've seen in the mainstream for the past decade.

[ChartBuddy]

Explanation

[suchmoon]

My investment is for the long term but I can not help feel down when I see 10000s get knocked off my investment I think this is natural to have self doubt?

Doubt in what? That you made the right decision to buy bitcoins? I'm sure going in you knew that 20% swings in Bitcoin price are very common so that volatility must have been factored in?

Don't get me wrong, I'm not trying to belittle your concern. I'm just saying that checking how much you're down a few months into a long-term investment is counter-productive to the whole "long term" idea.

I used to chart my "wealth" (cash, stocks, house, retirement accounts, and then bitcoins too) in a spreadsheet on the 1st of every month but then I reached a point where even a 1% drop in the "market" seemed to negate my entire month's earnings, so I decided to do that only once a year. It been going only up since then. Magic.