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

[philipma1957]

1% yield is decent it can be worked for profit. Wonder how many new gold scores of that magnitude are out there. Be funny to see four or five spots like that.

[Hueristic]

Thank you both.  I know WO.  I sometimes see you mad hatters posting memes about people getting wrecked on margin, trying to warn the clueless newbies.  So true!

You'll know what to do when theres blood in the streets cup.

[Hueristic]

https://www.reuters.com/markets/us/el-salvador-minister-says-bitcoin-crash-poses-extremely-minimal-fiscal-risk-2022-06-13/

"Forty million dollars does not even represent 0.5% of our national general budget," he said.

[ChartBuddy]

Explanation

[Biodom]

Thank you both.  I know WO.  I sometimes see you mad hatters posting memes about people getting wrecked on margin, trying to warn the clueless newbies.  So true!

You'll know what to do when theres blood in the streets cup.

go on margin?
...sorry...too soon?

[Hueristic]

http://www.bbsdocumentary.com/order/

https://www.youtube.com/playlist?list=PL7nj3G6Jpv2G6Gp6NvN1kUtQuW8QshBWE

[Hueristic]

Thank you both.  I know WO.  I sometimes see you mad hatters posting memes about people getting wrecked on margin, trying to warn the clueless newbies.  So true!

You'll know what to do when theres blood in the streets cup.

go on margin?
...sorry...too soon?

80x or bust.

[Biodom]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.
EDIT I also think that it is more interesting to measure from the ATH instead of the profit/loss since every individual buy price is different, but ATH is the same for everyone.

[Hueristic]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.

1, 1btc=1btc

[Khanvila78]

Bear market is when fortunes are made. Bitcoin


https://twitter.com/BitcoinMagazine/status/1537039637973291009

[Biodom]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.

1, 1btc=1btc

 yea, but then there is nothing to compare to.
you need two different units of measurement for a comparison (cars, food baskets, $, planets...)

[Gachapin]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.
EDIT I also think that it is more interesting to measure from the ATH instead of the profit/loss since every individual buy price is different, but ATH is the same for everyone.

That's actually the same thing like asking how much BTC everyone holds  

[Blue King]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.
EDIT I also think that it is more interesting to measure from the ATH instead of the profit/loss since every individual buy price is different, but ATH is the same for everyone.

1. 0.5btc= 0.5btc
Many may say much less but to me much more.

[philipma1957]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.

1, 1btc=1btc

my btc is 1.46 x higher than it was this morning

but it is 6x lower then it was when btc was at 67k

most sales were from 67 k down to 45k.

my gear is 3x what it was since the alltime high.

but even though it is all paid off and generates pretty good money my mining earnings are far lower than last year.

Way off topic my home value went from 400k to 600k in four months.

the wifes safe 401k lost 10% to inflation last year.

switching from btc and other coins to gear mitigates this drop in coin value.

Hang in there btc will rise again.

[Biodom]

Here is an 'interesting" suggestion re new poll on WO:

How much are you currently losing "on paper" from the ATH in your current bitcoin position (not counting the profit/loss from earlier sells)

1. less than $1K
2. between $1k and $10K
3. between $10K and 100K
3. between $100K and $1 mil
4. between $1mil and $10mil
5. between $10mil and $100mil
6. Above $100mil

Not sure if people would be honest in their answers, but am curious to see the spread anyway.
EDIT I also think that it is more interesting to measure from the ATH instead of the profit/loss since every individual buy price is different, but ATH is the same for everyone.

That's actually the same thing like asking how much BTC everyone holds  

within wide ranges and anonymously, sure, but I don't see the enthusiasm for it, so you (and nullius) are safe  

[Blue King]

Here are the Bitcoin Holdings from Public Companies

Micro Strategy and Tesla’s  average cost are between $30000-$32000

[ChartBuddy]

Explanation

[podyx]

[Gachapin]

seems the last low wasn't low enough for some sellers...

[philipma1957]

seems the last low wasn't low enough for some sellers...

I will pick some up in the morning.