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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 26367679 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.)
somac.
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June 18, 2022, 11:04:15 PM

This time is different (to the dumpy side)  Embarrassed

Every dump is, but something about this one feels a lot worse.

Only feels so bc the fiat numbers are bigger



Lack of a decent bounce too.
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El duderino_
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BTC + Crossfit, living life.


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June 18, 2022, 11:11:03 PM
Merited by vapourminer (1), philipma1957 (1), xhomerx10 (1)

Sunday upon us
Capitulation please stop.
Your pump is not pump!
HI-TEC99
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June 18, 2022, 11:17:06 PM

There's two ways of looking at this crash.


Negative.



Positive.


somac.
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June 18, 2022, 11:25:02 PM

We better have decoupled from stocks after this. I much prefer the days when one had no affect on the other. Diversifing could actually be a thing then.
El duderino_
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June 18, 2022, 11:40:13 PM
Merited by JayJuanGee (1), AlcoHoDL (1), somac. (1)



Bitcoin stop your dump,
Because your price is not price…
Now Please, resume PumP.
somac.
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June 18, 2022, 11:54:08 PM
Merited by philipma1957 (4), Gachapin (1)

Block-Fi looks ready to die.

https://twitter.com/otteroooo/status/1537497403246268416

How are these people so god damn stupid.
OutOfMemory
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June 19, 2022, 12:02:26 AM

19k it is
but stop the ant pumps, will you?
i mean it, Bitcoin  Undecided

#haiku

good night  Grin
ChartBuddy
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June 19, 2022, 12:03:31 AM


Explanation
sirazimuth
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born once atheist


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June 19, 2022, 12:27:45 AM

.....

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

Good on you m8.
I keep all my bitcoins safe and sound at at westorebitcoins.com.
They store your private keys too so you don't have to worry about losing them....
somac.
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June 19, 2022, 12:34:22 AM

.....

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

Good on you m8.
I keep all my bitcoins safe and sound at at westorebitcoins.com.
They store your private keys too so you don't have to worry about losing them....

Safer than celcius, 3AC and the rest it seems.
eddie13
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BTC or BUST


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June 19, 2022, 12:42:28 AM

Yeah this sucks guys..

If this is an attack, and their best method of attack is the price/market, they are pretty much admitting defeat..

suchmoon
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https://bpip.org


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June 19, 2022, 12:44:08 AM

They store your private keys too so you don't have to worry about losing them....

You're doing it wrong. Losing the keys so that no one can ever move the coins is by definition the safest method to store them.
somac.
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June 19, 2022, 12:47:27 AM

Yeah this sucks guys..

If this is an attack, and their best method of attack is the price/market, they are pretty much admitting defeat..



I don't know about that, there needs to be some kind of price benefit otherwise there is no hedge against inflation, QE, etc. By attacking price they are attacking the most obvious narative. The first world will only understand the other naratives when they are enslaved and then it's too late.
death_wish
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Take profit in BTC. Account PnL in BTC. BTC=money.


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June 19, 2022, 12:53:47 AM

I mindrusted the crash, right about the time when BTC hit its local bottom around $17,600.  I capitulated.

What I mean is that I mindrusted some scraps of precious altcoins that I had lovingly preserved to help regenerate my BTC in better market conditions. Cry

(STFU.  I will slap anyone who dares to speak ill of my dearly departed altcoins, who nobly sacrificed themselves on the battlefield in the ranking order set by Gresham’s Law.)

I panicked, because BTC was in freefall—and if it kept falling so fast, my liquidation losses could go suddenly from ~99% to ~99.9%.

So...  I guess I panic-sold.  Sold assets low—dumped into a crash with what were, in themselves, horrifically foolish trades.  To save BTC.

mindrust panicked to save his worthless fiat shitcoins.  I panicked to save Bitcoin.  And I jest at myself.  The “selling into the crash” part was bad luck executing a plan I had decided earlier, after calculating a dozen ways to find the least-lossy, least-risky, least grossly undesirable means to free my remaining bitcoins.  But I am making a point.

The good news:  For the first time in over five months, I am debt-free!  And the sad remainder of my BTC is freed from the margin account.  For the first time in over five months, I am at zero risk of liquidation.

Now, I can go back to my old self. Cheesy

I DGAF about more crashing.

If BTC goes to $10k, then I will ride it to $10k.  If it goes to $1, then I will ride it to $1.  If it goes to zero, then I will ride it to zero.

Yes, I have very little BTC left.  But it is a large proportion of my dollhouse-sized remaining finances.  For he who has little, a pauper’s scraps are precious as a king’s fortune.  My little itty-bitty bitcoins mean the world to me.

And I am back to my old self!  Let blood drench the streets!  I will laugh and sneer at the weak hands and the panic-sellers.  Hahahah.  LOL.

Let the market burn, as I frolic in the sunshine!

I am gravely worried about Bitcoin, because I care about Bitcoin.  This is an attack.  But that is an idealistic worry—cause for worse pessimism over the state of the world—not a fear for my personal finances.  For my personal finances, my only Bitcoin-related concern—my grievous concern is that I do not have enough BTC.

1 BTC = 1 BTC.
yefi
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June 19, 2022, 12:54:12 AM

Look who the mouse drug in.

 Shocked Shocked Shocked

Ecce homo!
sirazimuth
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June 19, 2022, 12:55:55 AM
Merited by JayJuanGee (1)

They store your private keys too so you don't have to worry about losing them....

You're doing it wrong. Losing the keys so that no one can ever move the coins is by definition the safest method to store them.
lol
<s merit> (sorry I'm out of real ones, besides you got plenty anyway...)
......



Nocoiner... hahaha, bitcoin crashed!
Me... zoom out
Nocoiner...  hahaha, bitcoin crashed!
Me ... zoom out some more
Nocoiner...hahaha, bitcoin crashed!
Me ...zoom out even  more
Nocoiner... hahaha bitcoin crashed!
Me ... zoom out like way way more!
Nocoiner  hahaha bitcoin crashed!
Me...zoom out like..... oh bollocks..... yeah, bitcoin crashed...
vapourminer
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what is this "brake pedal" you speak of?


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June 19, 2022, 12:56:42 AM

.....

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

Good on you m8.
I keep all my bitcoins safe and sound at at westorebitcoins.com.
They store your private keys too so you don't have to worry about losing them....

amateurs

i store mine at mtgox, so secure even i cant get them.

CHECKMATE mofos bwahahaha !!


oh wait
ChartBuddy
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June 19, 2022, 01:03:26 AM


Explanation
sirazimuth
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June 19, 2022, 01:06:55 AM

gigantic snip...

oh ffs nully, cool your keyboard tapping jets and go get a hummerjob or something....
death_wish
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June 19, 2022, 01:07:39 AM

Yeah this sucks guys..

If this is an attack, and their best method of attack is the price/market, they are pretty much admitting defeat..



I don't know about that, there needs to be some kind of price benefit otherwise there is no hedge against inflation, QE, etc. By attacking price they are attacking the most obvious narative. The first world will only understand the other naratives when they are enslaved and then it's too late.

Money is a weapon of economic warfare—nay, monies are weapons.  The banks are the masters of those weapons.

Bitcoin is a monetary weapon dangerous to them.  They seek to neutralize it with their usual weapons.



Read Clausewitz.  What is Bitcoin’s strategic centre of gravity?  Answer:  The dollarized Bitcoin market.  Where the enemies of Bitcoin own the dollar.

There was a time when some could accuse me of being a starry-eyed idealist for deprecating mere “investors”, for my wish that Bitcoin would grow more slowly to develop a firmer foundation in mass-adoption as money, in my contempt for the moon-eyed greedy view that we need to bring in a bunch of institutional money to pump up the market, and so forth.

Well, look at what happens when I am not heeded.

I told you so.
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