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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 26371592 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.)
savetherainforest
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June 18, 2022, 08:53:30 PM



I'm just not a fan of ETH. It feels like a World Of Warcraft currency. Example: If you want to fly from point A to point B, you have to pay 2 gold coins and 99 silver to the flight master to allow you to get from point A to point B. F^CK MAN!!  Cheesy  Cheesy .. At least on BTC/LTC/DGB/Doge... etc... all the ones that you can say: I'm not f%cking paying that fee. I chose what fee I want and I will sit here and wait 14 days till I get what I want or it gets denied and I get back my money!   Cheesy   Cheesy  (or you can just make a 2nd transaction after with a higher fee then the previous one and you get a spot in the next block.. but it is still something)

ETH feels more like a tyrannical system then the other ones where you can chose to pay or not what it is being asked of you.   Roll Eyes   Roll Eyes
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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ImThour
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Bitcoin Bottom was at $15.4k


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June 18, 2022, 08:53:52 PM

Oh man! Crypto Twitter is both fun and retard at the same time. I love it.   Grin


https://twitter.com/coinfessions/status/1538220051454623744
somac.
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June 18, 2022, 08:56:42 PM

This is an attack on Bitcoin. They are out to destroy us and it seems the exchanges have been forced to cooperate. That is the only excuse I can find for this mess.
philipma1957
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June 18, 2022, 08:57:04 PM

EDIT: Just got filled @ $18,500. Loading up for next target @ $18,250
EDIT2: Next batch of orders in at $18,250 in $250 intervals down to $15,750

Filled @ $18,250 !!! Wooo

you over paid  Grin I just filled in under 18k
ImThour
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Bitcoin Bottom was at $15.4k


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June 18, 2022, 08:58:33 PM

Saving the world, most importantly $BTC with my buying at market price.


And some limit orders...  Roll Eyes
cAPSLOCK
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June 18, 2022, 08:59:24 PM

EDIT: Just got filled @ $18,500. Loading up for next target @ $18,250
EDIT2: Next batch of orders in at $18,250 in $250 intervals down to $15,750

Filled @ $18,250 !!! Wooo

you over paid  Grin I just filled in under 18k

Your bottom prediction is looking better and better...  I slowly go from hoping you were wrong to hoping you were right lol.
El duderino_
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June 18, 2022, 09:01:13 PM
Merited by cAPSLOCK (2), philipma1957 (1)

@philipma

When 70.?  Tongue
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 18, 2022, 09:01:24 PM


Explanation
a1 Hashrate LLC2022
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June 18, 2022, 09:01:45 PM
Merited by JayJuanGee (1)

I grabbed at 19k+
I grabbed at 18k+
I grabbed at 17k+

prepping for 16k+
then 15k+



at elduderino

@philipma

When 70.? 

70 k in may = guaranteed


still sticking with it

JayJuanGee
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June 18, 2022, 09:02:53 PM

Just bought some Eth at $890  Cool
Hope that's as low as it will go but more funds at the ready.

My Eth is stacking nicely. My btc position is already good  Cool

oh gawd...


 Roll Eyes Roll Eyes Roll Eyes


Should "we" perform a figurative or a literal batslappening.. ?



I kind of like the lllllitttttterrerrralll ones.. because I just love how that word rolls off the tongue...

 Wink

18k broken. My portfolio is officially 20% down now.


Sell, and buy back cheaper.

 Cheesy Cheesy Cheesy Cheesy

I mean much better than being down 75% if I listened to the clowns on Twitter? lmao.

I did edit and put a disclaimer on my earlier post (that you quoted above).

By now, you likely realize that I do not necessarily get worked up about either short-term BTC price performance or even whether some guys may have over-performed (or outperformed) various other persons in terms of various narrow indicators (including profits showing up in an account or various other ways to say.. I am up, I am down, I am sideways).  I am not proclaiming that it is not good to attempt to monitor those kinds of measurements - including but not limited to having some snapshots of a variety of measurements that are personal and might not even be shared in regards to some other asset, properties, currencies.. and for sure some measurements are difficult to measure that involves psychology, and comfort levels evenif you might show that you are able to sleep x, y or z number of hours in one scenario versus x, y, z number of hours (+/-) in other scenarios. 

Surely from my point of view, there is a lot of value in attempting to mitigate various risks for price performance in either direction, even if the mitigation effort end up causing less profits in the present or even at various measuring points in the future.

It seems to me that there also should be a bit of humbleness, even though some folks may even proclaim that our current BTC price circumstances were completely foreseeable, and sure after we end up in a place like this, then sometimes we might consider that we may have missed some tells or some facts that we had not been giving adequate weight in earlier times and our information seems to become more perfect in present times than what it had been in past times, but even if we make all those assessments, we might not be able to conclude that we did anything wrong in the earlier times, even if events did not end up playing anywhere close to where we had assessed them to have been likely to go.

Many times, it is not so simple to even adequately describe where we are at and/or how we got here.. There can be a lot of disagreements about what had caused such a situation or what might have caused such a situation.. .. especially while we are in the middle of a lot of seeming relative volatility and/or even a position that does not seems to be supported by either the technicals or bitcoin's historical performances.. which makes it even more difficult to really feel confidence in where we might be going based on where we are at, even if some folks might be able to believe that they can see where we are going better than others or might be ready, willing and able to take certain risks to bet on their vision based on what seems to be a lot (perhaps too much?) incomplete information.

And another factor is merely surviving and being able to make some additional bets... Some folks might have played BIG to sell a lot of BTC at seemingly bad times, but it ended up that they are currently in a relatively better position than some folks who might have taken a more reasonable approach in terms of how they played BTC price dynamics.

Upon reflection, it can be difficult to assess and make comparisons, but even for me on a personal level, I felt that this time around I was way more prepared psychologically and financially for extreme BTC dips.. but there are ways of measuring this particular dip that shows that it goes beyond earlier dips... and there are other ways to measure it in terms of just being normal dip actions (especially if we ignore the 200-week moving average. .hahahahaha).. So yeah.. sometimes we may well need to tweak some of our considerations in regards to what bitcoin is and what is possible or likely in terms of BTC price dynamic s based on some of the changes in what is currently happening in comparison to what had historically happened in bitcoin.
cAPSLOCK
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June 18, 2022, 09:04:03 PM

Right on the dot now...  and not bad volume for a Sat/Sun.  But not quite the puke bottom we need.  Yet.

Wilhelm
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June 18, 2022, 09:04:15 PM



I'm just not a fan of ETH. It feels like a World Of Warcraft currency. Example: If you want to fly from point A to point B, you have to pay 2 gold coins and 99 silver to the flight master to allow you to get from point A to point B. F^CK MAN!!  Cheesy  Cheesy .. At least on BTC/LTC/DGB/Doge... etc... all the ones that you can say: I'm not f%cking paying that fee. I chose what fee I want and I will sit here and wait 14 days till I get what I want or it gets denied and I get back my money!   Cheesy   Cheesy  (or you can just make a 2nd transaction after with a higher fee then the previous one and you get a spot in the next block.. but it is still something)

ETH feels more like a tyrannical system then the other ones where you can chose to pay or not what it is being asked of you.   Roll Eyes   Roll Eyes

NAhh I look at it different.

Eth increases and decreases at a higher percentage than BTC
Also the merge will act as a triple halving.
Fee problem will get solved in the future...
Transactions come through in minutes. With BTC it's like 30-60mins

Expected ROI is better than BTC.

I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash
a1 Hashrate LLC2022
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June 18, 2022, 09:05:09 PM

Right on the dot now...  and not bad volume for a Sat/Sun.  But not quite the puke bottom we need.  Yet.



prep your 16k + and 15k + buys while you can

I have my partner buysolar thinking that bottom is 13k. At 13k the mine starts to have issues we will need to shut a few older pieces off.
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June 18, 2022, 09:12:49 PM
Merited by cAPSLOCK (10)

I am in utter disbelief we just shouldn't be here.  Cry
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June 18, 2022, 09:15:14 PM
Merited by JayJuanGee (1)



I'm just not a fan of ETH. It feels like a World Of Warcraft currency. Example: If you want to fly from point A to point B, you have to pay 2 gold coins and 99 silver to the flight master to allow you to get from point A to point B. F^CK MAN!!  Cheesy  Cheesy .. At least on BTC/LTC/DGB/Doge... etc... all the ones that you can say: I'm not f%cking paying that fee. I chose what fee I want and I will sit here and wait 14 days till I get what I want or it gets denied and I get back my money!   Cheesy   Cheesy  (or you can just make a 2nd transaction after with a higher fee then the previous one and you get a spot in the next block.. but it is still something)

ETH feels more like a tyrannical system then the other ones where you can chose to pay or not what it is being asked of you.   Roll Eyes   Roll Eyes

NAhh I look at it different.

Eth increases and decreases at a higher percentage than BTC
Also the merge will act as a triple halving.
Fee problem will get solved in the future...

Expected ROI is better than BTC.

I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash

Off topic, but it (cough-eth-cough) also declines faster. Prior decline was 94% (bitcoin also did this in the first cycle).
Maybe it is one halving away in cycles, than this decline would be 87%, giving a possible target of $626.
I am not sure re eth future, but I am sure about bitcoin, so I focus on it, instead.

BTW, eth has a gigantic problem even as POS; it does not have delegated staking (as others do) and because of this you either have to stake yourself using quite sophisticated hardware and a non zero skill set (and a minimal of $30K in value) OR you have to deal with derivatives that are currently crashing/deviating from the peg. Not a good pair of choices, imho.

BAD design...VB and his "group" finally screwed the pooch, imho.
ImThour
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June 18, 2022, 09:15:41 PM
Merited by Biodom (1), JayJuanGee (1), a1 Hashrate LLC2022 (1)

Eth increases and decreases at a higher percentage than BTC
Also the merge will act as a triple halving.
Fee problem will get solved in the future...
Transactions come through in minutes. With BTC it's like 30-60mins
Expected ROI is better than BTC.

1. I agree, that's why ATH buyers of ETH goes 95% down and BTC 80%.
2. Triple Halving = EIP-1559. EIP-1559, combined with the move toward a PoS Ethereum, will dramatically reduce the issuance of ETH. That doesn't make the amount of Max Supply to a fixed value nor deflationary. Bitcoin = 21 Million.
3. There is no fee problem in BTC at all with lightning going to be implemented by all the exchanges just how Kraken did it.
4. Bitcoin's Lightning Network fixes this.
5. That I can agree as of now.

Good Luck however I am willing to be smart enough to accumulate nothing other than $BTC.

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June 18, 2022, 09:16:15 PM

I am in utter disbelief we just shouldn't be here.  Cry

maybe 17.6 k was bottom? it was the high number for miner support bottom

@ ImThour


"5. That I can agree as of now.

Good Luck however I am willing to be smart enough to accumulate nothing other than $BTC."

that is what I am doing
somac.
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June 18, 2022, 09:18:41 PM

I am in utter disbelief we just shouldn't be here.  Cry

maybe 17.6 k was bottom? it was the high number for miner support bottom

There is no bounce, none. I don't beleive we have hit it till we see a bounce and at this rate that might be never.

This is an attack and they waited for the weekend, both this time and last weekend for prior attack
Gachapin
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June 18, 2022, 09:19:12 PM


"they" might be going for 13600$

It seems if we reach down there, Celsius' holdings get liquidated and 24k BTC get thrown on the market.

If that happens we might just get the Vegeta memes ready again..

https://www.reddit.com/r/CelsiusNetwork/comments/vdxnq2/celsius_liquidation_price_is_now_13601/
disclaimer:
just stuff that I found... verify yourself pls
savetherainforest
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June 18, 2022, 09:21:06 PM


[...]

I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash

I had a few billion of shibas/shibes wtf u call them, and I was so pissed that I had to pay ETH for the transaction. I had to send from my hard wallet some LTC on the swap wallet to buy 0.02 ETH for the fee. I was so mad that day and the stench of ETH stood with me in my mind for so long.   Roll Eyes   Roll Eyes
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