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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370851 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
xhomerx10
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June 18, 2022, 04:00:44 PM
Merited by jojo69 (1), empowering (1)

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June 18, 2022, 04:01:20 PM


Explanation
sirazimuth
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June 18, 2022, 04:12:34 PM
Merited by JayJuanGee (1)

Quote from: Bill Maher
On the bright side of the economy.... that guy at the office who will never stop talking about crypto...has stopped talking about crypto...
a1 Hashrate LLC2022
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June 18, 2022, 04:18:10 PM
Last edit: June 18, 2022, 04:32:51 PM by a1 Hashrate LLC2022

grabbed a bit. and ready for next drop. Maybe 17.9 or 17.8 by late sunday.

Still calling 15-17 range for bottom.

Much depends on fed and July adjustment.

If Fed does .5 in July and .5 in August BTC is in a world of shit.

One good sign is the difficulty looks to be dropping

Quote
https://www.bitrawr.com/difficulty-estimator

Latest Block:   741313  (4 minutes ago)

Current Pace:   97.7929%  (1442 / 1474.54 expected, 32.54 behind)

Previous Difficulty:   29897409688833.63                           
Current Difficulty:   30283293547736.68                           
Next Difficulty:   between 29657658556208 and 29707412266931
Next Difficulty Change:   between -2.0659% and -1.9016%
Previous Retarget:   June 8, 2022 at 6:46 AM  (+1.2907%)
Next Retarget (earliest):   Wednesday at 1:44 PM  (in 4d 1h 12m 39s)
Next Retarget (latest):   Wednesday at 2:21 PM  (in 4d 1h 49m 32s)
Projected Epoch Length:   between 14d 6h 58m 6s and 14d 7h 34m 59s


during the 2018 unwinding the diff went up and up and up while price dropped.


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June 18, 2022, 04:20:33 PM


Damn bears
PokestarFan
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June 18, 2022, 04:21:41 PM

The Fed's role (and the ECB) is first and foremost to control inflation, and after a decade of not having to do anything about it as it was low, now is the time to do something for them.

The Fed actually CREATED the insane inflation that we are seeing by printing 30+% of all U.S. fiat in existence in less that a year and shoving that out into the world.

And now they supposedly want to tame the inflation they themselves created? They can fuck off.

All they are going to do by raising rates is finally get the massive global layoffs they didn't get with Covid and pushing mandatory vaccines.

All by design.
I mean I dislike the feds as much as the next guy but "vaccines" are not a government weapon. Don't believe the antivax BS
xhomerx10
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June 18, 2022, 04:21:50 PM

Quote from: Bill Maher
On the bright side of the economy.... that guy at the office who will never stop talking about crypto...has stopped talking about crypto...

  Does such a creature actually exist?  I haven't encountered one.

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June 18, 2022, 04:24:33 PM
Merited by UnDerDoG81 (1), empowering (1)

The Fed's role (and the ECB) is first and foremost to control inflation, and after a decade of not having to do anything about it as it was low, now is the time to do something for them.

The Fed actually CREATED the insane inflation that we are seeing by printing 30+% of all U.S. fiat in existence in less that a year and shoving that out into the world.

And now they supposedly want to tame the inflation they themselves created? They can fuck off.

All they are going to do by raising rates is finally get the massive global layoffs they didn't get with Covid and pushing mandatory vaccines.

All by design.
I mean I dislike the feds as much as the next guy but "vaccines" are not a government weapon. Don't believe the antivax BS

Fuck off troll
Wilhelm
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June 18, 2022, 04:27:58 PM

Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?

This is the official signal that the bottom is in  Cool Grin
bitcoinPsycho
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$120000 in 2024 Confirmed


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June 18, 2022, 04:29:36 PM

Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?

You missed it
sirazimuth
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June 18, 2022, 04:30:16 PM

Quote from: Bill Maher
On the bright side of the economy.... that guy at the office who will never stop talking about crypto...has stopped talking about crypto...

  Does such a creature actually exist?  I haven't encountered one.



Probably not, albeit, it gave me chuckle. I'm now bracing for my inevitable batslappening...
a1 Hashrate LLC2022
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June 18, 2022, 04:34:21 PM

Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?

You missed it

They may be a 15k party in just a bit.

as JJG says "DCA"

You can  start today.
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June 18, 2022, 04:40:51 PM

Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?

You missed it

Llama Llama was the guest of honor at the $1.00 party.

...as he will be at the next one....
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June 18, 2022, 04:49:56 PM

Consider selling 20-25% of my Bitcoin. Anyone else? I have this great reset theory and now they introduced the digital USD. Its going into that direction. I start to be worried BTC will end up like Luna, once the panic kicks in? Dumped to 18.6K and nobody is buying WTF.

I am in since 2013 and ever since holded BTC. Never took profits. Never sold. I would go nuts leaving this game without a cent in my pockets after 9 years Cheesy

All these people writing only an idiot would sell at these levels. I remember people were saying the same at 69K while talking about 300K.

Is this a joke?

I panic sold in my 1st cycle and learned it the hard way back then...  But you are in your 3rd, so I'd say what the fuck are you talking about?

But maybe everyone has to have the experience to sell near the bottom (73% down). So if you feel you must sell here, do it. But make sure to buy back in on the way up.. which is the hard part

You need to learn how to properly use the ignore feature. Tongue

I think I shut him up on his first post here.


from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

Ignored, see how easy that is. Smiley
shahzadafzal
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June 18, 2022, 04:54:11 PM
Merited by vapourminer (1)

Time-travel is still not possible, but you can buy bitcoin at old price. How about that?
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June 18, 2022, 04:54:49 PM

Off topic (on topic is depressing)  Pro tip for today...
When ordering at a fast food joint and the server has a name tag like Chianti, Janelle, Phelipi, or Erez, (or some such nonsense),
has permanent, illegible bumper stickers plastered all over both arms,
is sporting giant hula hoop earrings, and you are hard pressed to tell what biological parts they are packing.....
....check your order before leaving.
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June 18, 2022, 05:05:02 PM


Explanation
Wilhelm
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June 18, 2022, 05:10:37 PM
Merited by empowering (1)

Time-travel is still not possible, but you can buy bitcoin at old price. How about that?

Well it is possible.

Buy Bitcoin
Buy spaceship
Accelerate away from earth and fly at close to lightspeed for a while in a big loop
When you get back time has dilated and it's 2030 or later and Bitcoin is >1M and you haven't aged more than 1 year.
Cash your Bitcoin and live in wealth

(Requires some math too time the time dilation)
jojo69
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June 18, 2022, 05:12:31 PM



Asking for a friend who seems to have very limited time to come up with some dollars...

JimboToronto
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June 18, 2022, 05:20:27 PM
Merited by JayJuanGee (2), Torque (2), vapourminer (1), suchmoon (1), AlcoHoDL (1), DdmrDdmr (1), ivomm (1), strawbs (1)

Good morning Bitcoinland.

Another day, another leg down... currently $18862USD/$24572CAD (Bitcoinaverage).

Still waiting to see how this goes. What a week.
___

It looks like I may have to pass on the house I was planning on buying. I'd rather forfeit my $70k deposit than sell another $1.3m+ at these prices.

When I signed the purchase-sale agreement, Bitcoin was worth over $40kUSD. I started to DCA my BTC liquidation and was about a third of the way there after selling another 5BTC last week (June 6-10). I planned to sell another 3 coins on Monday and more again on Friday (yesterday) but backed off when I saw the dip. I consulted my main OTC connections who said they were also suspending business until things stabilized a bit. Now it's almost a week later and there's no rebound in sight.

The house is what I'd been looking for... ideal downtown location, income potential (AAA tenants in place), fully renovated, rooftop garden, etc...
but I'm not going to gut my BTC nest egg to buy it. I don't want to ever have a mortgage again. I learned that lesson over 30 years ago when my cheap 6.5% mortgages jumped to almost 20%. I laugh at kids who bellyache about single-digit inflation. I swore I'd only ever pay cash. Credit is a scam.

My BTC stash is still enough to live happily ever after. I want to keep it that way.
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