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

[ChartBuddy]

Explanation

[1713942933]

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[1713942933]

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[1713942933]

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[1713942933]

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[death_wish]

I was never much sympathetic to the people who got Goxed, because it was their damnfool fault for storing coins on a centralized exchange.  Even though "not your keys, not your coins" was not yet a meme being stapled to the forehead of every n00b, it was damn obvious from 3-Jan-2009.  Storing money in the custody of a trusted party, who may turn out to be incompetent or malicious - wasn't Bitcoin invented so we could stop doing that?

You entrusted your coins to some sleazy idiot running a pile of buggy PHP scripts:  Play stupid games, win stupid prizes!  (Yeah, look at me now...)

And they harmed us all indefinitely by giving a significant percentage of the Bitcoin supply as a Sword of Damocles hanging over the market year after year.

In my opinion, the trustee should find the hacker who pwned Gox, and give the coins to him.  If he can't find the hacker, then he should burn the coins in an OP_RETURN output, with the data:  NOT YOUR KEYS, NOT YOUR COINS!

[Blue King]

 


https://twitter.com/BitcoinMagazine/status/1530633696524611586

[vapourminer]

I was never much sympathetic to the people who got Goxed, because it was their damnfool fault for storing coins on a centralized exchange.  Even though "not your keys, not your coins" was not yet a meme being stapled to the forehead of every n00b, it was damn obvious from 3-Jan-2009.  Storing money in the custody of a trusted party, who may turn out to be incompetent or malicious - wasn't Bitcoin invented so we could stop doing that?

as i recall peeps at that time when it was obvious they were having problems some folks were deliberately buying coins on mtgox at a discount (they were cheap due to loss on confidence of them being able to withdraw) to try and move to another exchange or their own wallets because of the arbitrage opportunity.

i believe some managed it and got a bit of profit however we all know what happened to the unlucky ones.

[ChartBuddy]

Explanation

[Next-door]

As per our Bitcoin Analysis we see break of the range and soon we will see New Bottom or double bottom.

Source : https://twitter.com/BTCgainPro/status/1530838089580564480?t=Kni_rVM90F4i8q_afy7wBg&s=19

[ChartBuddy]

Explanation

[AnotherAlt]

Happy Bitcoin Pizza Day WO

The sad thing for me is that I live in a village, and there is no pizza shop in 30+ Kilo meters. So, I was unable to try a pizza today. Even if there was some pizza shop in my village, I don't think they would accept Bitcoin at this moment because 90% of the people in my village don't even know what Bitcoin is. I bought a GPU raiser yesterday from my friend. But, I paid him today in Bitcoin Via Coinbase. So, It's Bitcoin GPU raiser day for me.

I think that is a good celebration too!

Do you have access to tomatoes (sauce?), cheese (preferably mozzarella, can use provolone in a pinch, or any other) and dough for bread?  If so, making a pizza is really quite fun, and easier than you might think!  And pizza, like so many of the worlds great foods is also a great way to use odds and ends of meats and vegetable leftovers you  might have.

Hi cAPPSLOCK !

Look What I have made. I know it's too late. But, Still, I have managed to make one little pizza with very limited things available in my village. My wife helped me a lot. I have submitted this for the BTC Pizza day Contest. Sometimes village sucks. But, As a son of a farmer, I enjoyed my life so far here and want to stay here until I die.

[empowering]

[empowering]

[vapourminer]

*achievement unlocked*

[empowering]

WoooooW its been a long time

But finally seeing my fam once again

Me+LFC @Paris
Love it

Go go Liverpool

Wow nice should we guess who’s who?

and that’s very strange kinda face mask, it’s not KN95 I’m sure.. may be BTC100?

If I had to guess, I would guess that LFC (Liverpool football club?) would be the guy in the red "up the reds" t-shirt)

[ChartBuddy]

Explanation

[Macadonian]

Do you wake up some days and think 'I am very lucky to existent when Bitcoin does'? I do not care about what the news are saying about this drop.....bubble...bubble.....blah blah blah they always say that then go quiet when proven wrong. 

[aysg76]

~snip~

If you are making some pizzas then i would suggest you to submit your entry here although not have checked if you have already done so but if not then do it by today only as last day and have some prizes if your pizzas are well topped and liked by others and have some fun also.

WoooooW its been a long time

But finally seeing my fam once again

Me+LFC @Paris
Love it

Go go Liverpool

The tattooed bitcoiners and renowned one of the WO thread proving they are bro's in actual life also.The liverpool played well but in the end it's game but you must have enjoyed your time there

[elliottflz65]

Do you wake up some days and think 'I am very lucky to existent when Bitcoin does'? I do not care about what the news are saying about this drop.....bubble...bubble.....blah blah blah they always say that then go quiet when proven wrong. 

No I wake up feeling unlucky because of our money system being so broken that the poor get poorer and the rich get richer. Bitcoin would be amazing if it was already our money system but we are too far off for that atm

[ChartBuddy]

Explanation

[Subbir]

Now bitcoin's popularity is higher every day something is creating new.

📸 Local #bitcoin exchange spotted in Spain 🇪🇸



Source link: https://twitter.com/BitcoinMagazine/status/1530682925594943490

[JayJuanGee]

[edited out]

I am glad to hear that other experienced people have gone through the same thing your drop was worse I think that proves how stupid I am. I'm not trying to worry it's just the natural reaction I have I know bitcoin will recover, I know there's to much potential to waste but its that voice in my head telling me you did wrong and then seeing the news and the price just cements that in my head. I was very confident when I bought this BTC it was definitely the most confident I have been in my life. I think this topic will help me when I need to be told I am being stupid just look at the replies to my 1st post  many people tell me I'm stupid and they have faith to the end. I have invested a lot of my wealth but that is still a small number when you look at other people in this topic and they are not worried so why should I?

I am still having some difficulties with the ways that you are phrasing some of this.  I also feel that I am starting to get a wee bit overly repetitive...Some repetition is expected.

First, level of confidence. I doubt that many of us consider bitcoin's UPwards price performance as any kind of guarantee that it will happen.. even if we have decently high levels of confidence that bitcoin is amongst the bests of asymmetric bets to the upside.

Second how others feel.  I doubt that the gist of the message would be that other people think that you are dumb, but there likely is some concerns regarding how you had been expressing your level of confidence in such a way that you were considering yourself to have had entered bitcoin at a good price.. which for sure, seems to be a correct consideration (that you in fact had entered BTC at an already good price).. but even if you entered at a great place, you should not have expected that you would have been (or should have been) guaranteed to ONLY get upside.. but still you had made a good entry, even if the BTC price ended up coming back down to prices that were lower than your entry point... so in some sense, others might be considering that you are ONLY whining for the sake of whining be cause you made a pretty good entry point, and even that your entry point and way of playing the whole matter, so far is much better than what they had done.. so there would be frustration regarding why you should be complaining about such a thing..

Third what others say:  It's likely best to attempt to NOT get emotional regarding what others say about you (especially true on the interwebs), and you gather whatever information (if any) from what they say, but put it into perspective that almost anything people say is going to lack tailoring to both your actual individual financial and psychological circumstances.. even if we might account for some of your representations of those financial and psychological circumstances.  Regarding psychological circumstances, we may also expect that you need to attempt to get a grasp on those matters yourself because there is ONLY so much help that any of us can do in terms of figuring out the balance - so in that regard, there may well be seeming insensitivities towards trying to figure out or to balance your psychological circumstances.. which are surely relevant, yet you are ultimately the judge regarding how to balance those kinds of matters in a way that you believe is fitting for you.

For example, right when I am writing this post, I am a bit preoccupied with another topic in the real world.. so my attention is not very focused, but I am still attempting to respond, and so when I am writing I may well have forgotten what I had already written in previous posts (and in this post), whether I expressed it very well and I might not even be able to remember what you said previously.  Plus the feeling of repetition and not being able to recall if I already said that, and if there might be a better way of saying it... which ultimately leads to some lack of clarity in either what was written or what was meant.

[Gachapin]

I was never much sympathetic to the people who got Goxed, because it was their damnfool fault for storing coins on a centralized exchange.  Even though "not your keys, not your coins" was not yet a meme being stapled to the forehead of every n00b, it was damn obvious from 3-Jan-2009.  Storing money in the custody of a trusted party, who may turn out to be incompetent or malicious - wasn't Bitcoin invented so we could stop doing that?

as i recall peeps at that time when it was obvious they were having problems some folks were deliberately buying coins on mtgox at a discount (they were cheap due to loss on confidence of them being able to withdraw) to try and move to another exchange or their own wallets because of the arbitrage opportunity.

i believe some managed it and got a bit of profit however we all know what happened to the unlucky ones.

It's been so long, but wasn't there a website where you could even trade coins trapped in GOX after they started to shut down?