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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371624 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.)
cAPSLOCK
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July 01, 2022, 12:53:16 PM
Merited by BobLawblaw (10), JayJuanGee (3), xhomerx10 (1), Dabs (1), DdmrDdmr (1), Toxic2040 (1), empowering (1)

This is the weirdest bear market so far...
I am having fun!  I really am.
same here. the thrill is back for me. not since i started and went through my 1st crash (~90% drop) have i felt like this.
are we toast? have we made a huge mistake? if we crash way hard and crater it big time will it survive?
and just like my 1st "panic" in the 2011 crash one thing stays the same for me: HODL this pig. cuz moon or hole in the ground im in 100%
You guys are sick.

That's why empowering is getting invited to the party, and you two are NOT.

Fun.. .

yeah right.. Roll Eyes Roll Eyes Roll Eyes

I have to chime in it is a bit more complex than just being black and white.  Though in some ways I tend towards polarity myself.  I have never been comfortable trading.  My strategies are very tailored to what is successful to me.  But there is still risk.  One risk that became realized during this particular bull/bear run was always there.  You just don't know what life is going to throw at you.

Well it threw everything at me between 2021 and now.  I got news yesterday that my mother is likely dying.

In retrospect if I had taken more profits when we were 3x higher I would be in much better shape now.  But I have also chosen this strategy with my eyes wide open.  I will get through this time, and possibly be better for it.  Or it will kill me.  Can't say for sure.  Never can.

It sounds trite.  It might sound like the tritest thing one can ever say.  I have been here here in the Bitcoin hurricane-roller-coaster with you crazy people for a lot of years now.  And it has taught me something that might even be more valuable than the financial gain possible if one can weather this storm.  And that is what really matters in life.  See.. trite.  We all already know this.  But I did not KNOW it, and am just learning really

It is fleeting. It is hard to grasp.  And impossible, really, to control.  The path of life, that is.  I can only breathe in, and out. And make choices.  But in the end I must really be at peace with where I am.  Or not.

Breathe in... out...

It is possible to look back on life and see the things I could have done differently.  I could have paid better attention to that thing happening with my child in 2016.  I could have bought more bitcoin in 2011.  And so on.  A mirror image of this, it is also possible to become full of myself and make lists of the things I have done right.  But both of these paths spring from the same emptiness.

I am a Christian.  But I draw a lot from the Buddhists too, I guess.  And desire is a mean ass bitch.  I admire death_wish for laying his errors out on the line for all to see here (although... well nevermind).  And desire isn't really bad.  It just is what it is.  Like fire.  And knowing how to work with it, is to be free from being burned by it, I think.

Anyway.  Somehow this experience with Bitcoin has taught me how to care about the right things a little better... and not care about the wrong ones as much.

I am having fun during this bear!  Why is that?  Is it because I am a masochist?  No.  Because I want to pretend I don't hate not selling at the top and buying at the bottom over and over?  Nope.  It is because this is one of the most interesting seasons in Bitcoin I have seen so far, and I have seen just about all of them.

I mean good grief.  Roger Ver may have gotten liquidated during this time.  I think when the smoke clears this will have been one of the most crazy periods in Bitcoin's history.  And I find that fun. 

Anyway...  I hope you will reconsider my invitation to the party.  But if you don't?  That's OK too. 

Breathe in.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 01, 2022, 01:15:01 PM
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July 01, 2022, 01:18:09 PM
Merited by JayJuanGee (1)

El Salvador finna get rekt soon. They keep buying the dip but it keeps dipping  Cheesy
How long can they stay afloat before they will be forced to liquidate?

You wrongly assume that ES is buying Bitcoin with money that it badly needs and has any need at all to think about having to sell in the near future. The money they have invested in Bitcoin so far represents only a small part of their GDP and does not affect how good or bad the state treasury is. If you buy Bitcoin from time to time with some small amounts and practice the DCA method, does that mean that you should pay attention to the price in the short term at all?
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July 01, 2022, 01:18:36 PM



Hello Wall Observers.
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July 01, 2022, 02:00:22 PM





El Salvador finna get rekt soon. They keep buying the dip but it keeps dipping  Cheesy

How long can they stay afloat before they will be forced to liquidate?

they can go under 10k and still buy.
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July 01, 2022, 02:02:38 PM
Merited by El duderino_ (10), cAPSLOCK (5), JayJuanGee (1)

Having lawyers in the family and without knowing the details I would advise caution on a lawsuit unless it cannot be avoided.

Taking someone to court is never desired. However, knowing full-well you have the ability and evidence to support your efforts for litigation, it's best to let lawyers handle things at a certain point.

We ended up winning that last dispute without having to go to court. The lawyer basically spelled out how it was going to work out for them, they did the cost/benefit analysis, and capitulated to our evidence, allowing the teams to finish out the work.

We're at the "No contact with builders" stage at this point, while the lawyer negotiates a solution moving forward, with the hope of avoiding formal litigation.

Unnerstan?
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July 01, 2022, 02:09:03 PM
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Random

 Ordered



 I'd better go out and get some fresh air. Smiley
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July 01, 2022, 02:12:52 PM
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Random

 Ordered



 I'd better go out and get some fresh air. Smiley



Nice skills!!!

Cloudflare would not be amused
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July 01, 2022, 02:58:33 PM
Merited by El duderino_ (15), LFC_Bitcoin (2)





El Salvador finna get rekt soon. They keep buying the dip but it keeps dipping  Cheesy

How long can they stay afloat before they will be forced to liquidate?

How would they get forced? They aren't traders on leverage. They are investors.
The only ones getting REKT ate the ones believing in fiat...
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philipma1957
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July 01, 2022, 03:07:01 PM

Having lawyers in the family and without knowing the details I would advise caution on a lawsuit unless it cannot be avoided.

Taking someone to court is never desired. However, knowing full-well you have the ability and evidence to support your efforts for litigation, it's best to let lawyers handle things at a certain point.

We ended up winning that last dispute without having to go to court. The lawyer basically spelled out how it was going to work out for them, they did the cost/benefit analysis, and capitulated to our evidence, allowing the teams to finish out the work.

We're at the "No contact with builders" stage at this point, while the lawyer negotiates a solution moving forward, with the hope of avoiding formal litigation.

Unnerstan?

Good luck with this.

Also good luck with the cattle.
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July 01, 2022, 04:57:04 PM



Went for the more Upscale Biltema food today.
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Went for the more Upscale Biltema food today.

There's still a 2.5 Mb limit  Cool



 Looks delicious!
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But...  but...  it goes...  nvm. Smiley
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