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

[cAPSLOCK]

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

You are right.  But markets give 0 fucks about that.

I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.

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[somac.]

Finally some signs of life!

The sellers just run out of coins. They are getting the exchanges to print some more up for them. Just give it a minute.

[serveria.com]

https://twitter.com/0xjoer/status/1538254698666401792?s=20&t=uL4bF_L6c-Ywo61QLuK57Q

Haha hilarious!  

[Wilhelm]

[...]

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.    

Well I remember BTC having a >$50 transaction fee at one point when the market was crazy...
Things can get fixed...

[Wilhelm]

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

You are right.  But markets give 0 fucks about that.

I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.

Me 2 but my GF convinced me to put in that little bit more <3

[serveria.com]

the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.

And the fact that we were dropping from height of a blow off top back in 2018....   not some pathetic x3 like this time...

[brokedummy]

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

You are right.  But markets give 0 fucks about that.

I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.

Same here, I got 5.5 btc and $10,000 left in checking. Maybe I should get one of those bitcoin backed loans to buy more bitcoin.

[somac.]

the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.

And the fact that we were dropping from height of a blow off top back in 2018....   not some pathetic x3 like this time...

Yes, that is the big difference with this move.

[somac.]

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

You are right.  But markets give 0 fucks about that.

I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.

Same here, I got 5.5 btc and $10,000 left in checking. Maybe I should get one of those bitcoin backed loans to buy more bitcoin.

The benefit of that would be you don't have to pay it back because the company won't exist anymore.

[Gachapin]

"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

Seems right to me, either that or they are actually trying to destroy bitcoin here.

If they really wanna do harm, these liquidation come in handy.  They wouldn't need to so much coins of their own to sell but could also use the liquidated coins to dump the price.  Luna's BTC already used.  Maybe Celsius' coins are next.

If that theory is correct, it would make sense that they seem to be in quite a hurry to dump (without bounces) :  If not all done in one go, they'd probably lose momentum and would need more coins to reach their target low.

[serveria.com]

(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...

Now this feels like a real capitulation!  

[Biodom]

the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.

And the fact that we were dropping from height of a blow off top back in 2018....   not some pathetic x3 like this time...

I now think that bitcoin market was "pricing in" future stock declines (due to inflation and IR rises) and maybe even a possibility of a war, hence much LOWER rise than expected.

Who knows how market sniff it out, but they do it, always.

[somac.]

(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...

Now this feels like a real capitulation!  

Yes, this is how I feel around every bottom.

[empowering]

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

You are right.  But markets give 0 fucks about that.

I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.

Same here, I got 5.5 btc and $10,000 left in checking. Maybe I should get one of those bitcoin backed loans to buy more bitcoin.

The benefit of that would be you don't have to pay it back because the company won't exist anymore.

 

[sirazimuth]

Same here, I got <redacted> btc and <redacted> left in checking....

oof!   you just broke an unwritten rule dude.

[Wilhelm]

Same here, I got X btc and $Y left in checking....

oof!   you just broke an unwritten rule dude.

Please remove it from your reply to allow him to edit and protect himself from scammers.

[Gachapin]

(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...

Now this feels like a real capitulation!  

exactly 

[brokedummy]

Same here, I got X btc and $Y left in checking....

oof!   you just broke an unwritten rule dude.

Please remove it from your reply to allow him to edit and protect himself from scammers.

Don't worry it's all safe and sound, secured on Mintpal.com

[serveria.com]

[...]

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.    

Well I remember BTC having a >$50 transaction fee at one point when the market was crazy...
Things can get fixed...

$50? You gotta be joking! I paid 1 grand +  in fees to grab the forks back in 2017.  

[cAPSLOCK]

https://twitter.com/0xjoer/status/1538254698666401792?s=20&t=uL4bF_L6c-Ywo61QLuK57Q

25 fucking merits sent.  And i am NOT changing the width of THAT image except to make it BIGGER.