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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26488298 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.)
ChartBuddy
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August 19, 2022, 10:04:52 PM


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Queentoshi
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Hire Bitcointalk Camp. Manager @ r7promotions.com


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August 19, 2022, 10:23:50 PM


Whose fault is it? Nobody is angry when they are making profit Cheesy
PaulBf1
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August 19, 2022, 10:30:25 PM

it seems that sub 20k is confirmed by math and science now....


btw where is the Lama when we need it
Well atleast the bears are having fun right now.
Gachapin
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bitcoin retard


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August 19, 2022, 10:38:35 PM

it seems that sub 20k is confirmed by math and science now....


btw where is the Lama when we need it
Well atleast the bears are having fun right now.

they are playing with fire
Farmer Bill
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August 19, 2022, 10:54:55 PM
Merited by vapourminer (1), JayJuanGee (1), Toxic2040 (1)

it seems that sub 20k is confirmed by math and science now....


btw where is the Lama when we need it

not so long ago for the WO, the prospect of twelve hundred USD seemed like a pipe dream

One Bitcoin trading for the then price, of an ounce of  gold.

Then to see One Bitcoin trade at it's peak for the price of One Kilogram of gold.

Can you imagine how ecstatic I am at today's low price Bitcoin trading for $21 thousand.

Beyond my wildest dreams.

Maths and science confirms the show has barely started

Even Llamas are going long.





ChartBuddy
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August 19, 2022, 11:04:51 PM


Explanation
BitcoinBunny
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August 19, 2022, 11:12:15 PM

Not sure when this is from but gas price comparison across Europe.



Can't help but notice those governments who complain about Russia the most are also forcing its citizens to pay the most.

The Netherlands sits on the largest natural gas field in Europe but that also doesn't help gas prices there. Much of it closed after light earthquakes but Germany is still getting some.


-----

Over the last 25 years The Netherlands spent 600 billion Euros on immigration & over the last 70 years the government made around 420 billion Euros from this largest gas field in Europe.
It is estimated between 2020-2040 The Netherlands will spend another 600 billion Euros on immigration.

Understand why governments are broke now, why citizens are starting to go broke and why BTC isn't rising at the moment?

The left want more hotels to be converted to immigration centres and the greens want you to go cold. People keep voting conservative but the greens and left wingers under direction of the WEF constantly get their way.

 Roll Eyes

And yet...

Quote
The Netherlands as the world's fifth happiest country

 This year sees the country achieve a score of 7,415 out of 10. Interestingly, researchers found that 97,6 percent of respondents from the Netherlands felt at peace with their life, while 86,9 percent felt the various aspects of their lives were in balance.

https://www.iamexpat.nl/expat-info/dutch-expat-news/netherlands-once-again-one-happiest-countries-world


Quote
Why is the Netherlands a happy country?
This is due to the citizen's employment satisfaction, social support, mental health and well-being. The Netherlands has performed well in the generosity index, GDP per capita, social support, and the corruption index, making it one of the least corrupt European countries next to Finland and Denmark.

https://allaboutexpats.nl/top-10-happiest-countries-netherlands/

Indeed The Netherlands is often touted as a happy country. But that does not mean you should let a couple of political parties within a government coalition ruin that fun completely with pushing through their extremely costly green ideologies most people don't even support, and at the same time ignore the massive increase in energy costs (heading to an average €6500 per household) and in food (up 20% on average).
This was happening before the invasion in Ukraine by the way when people were told it was just temporary due to supply problems.

I was in The Netherlands when the Euro was introduced. I don't remember people being very happy as everything became very costly, very quickly.

I reckon this energy thing especially is a far bigger problem and that is not going to help BTC reach 100K either.

At the same time I think people in The Netherlands can clearly see that this nitrogen policy is completely manufactured by its government. No one else in the world is even talking about it.

Dutch people might still be happy on average (5th place in the world I don't think so) but their government appears to be doing everything in its power to undermine exactly that.
Gachapin
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August 19, 2022, 11:52:02 PM

it seems that sub 20k is confirmed by math and science now....


btw where is the Lama when we need it

not so long ago for the WO, the prospect of twelve hundred USD seemed like a pipe dream

One Bitcoin trading for the then price, of an ounce of  gold.

Then to see One Bitcoin trade at it's peak for the price of One Kilogram of gold.

Can you imagine how ecstatic I am at today's low price Bitcoin trading for $21 thousand.

Beyond my wildest dreams.

Maths and science confirms the show has barely started

Even Llamas are going long.


I know what you mean.  It's been a decade long ride for me too.

But you know what kind of innovation we are dealing with here.  And seeing prices being at and under the last cycle's peak, which was almost 5 years ago, tells me that something has changed. (We also didn't have the usual strong parabolic)

IMO we are about to enter Gandhi's "then they fight you" phase or we are already in it.  Bitcoin is now old enough to take part in the big boys' game.  And they will play with it.  Of course, I hope they'll get burned.  But as long as they have limitless Dollars as the world reserve currency, they can push the market anywhere they want.  

Not much we can do apart from wait and watch..


*Takes out the popcorn*
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August 19, 2022, 11:58:12 PM
Merited by Gachapin (2), Biodom (1), JayJuanGee (1)

Same old "smack the price down a few times to demoralize those who might push it back up then accumulate at a discount" play, methinks.
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August 20, 2022, 12:04:00 AM

OT: Not sure if it it is real or a joke...a tech that allows a cat to enter the house, but does not allow it to go through the "cat door" if it also carries a 'gift' (a mouse, etc).
it's called .....OnlyCat (apparently it is being crowdfunded).

https://www.studyfinds.org/onlycat-flap-martin-rosinski-transmission-dynamics/
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August 20, 2022, 12:04:55 AM


Explanation
Gachapin
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bitcoin retard


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August 20, 2022, 12:08:59 AM

Same old "smack the price down a few times to demoralize those who might push it back up then accumulate at a discount" play, methinks.

Sub 20 would do the job.


But a new cycle low would create a lot of new mindrusts whose coins could be scooped up for cheap...  
I think in this scenario, we could hover around 20k for a month and then make a deep dive


edit:
seeing some buying going on.... 
be cute and reverse, dear BTC
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August 20, 2022, 12:16:43 AM
Merited by cAPSLOCK (7)

the evening wall report





closing out the legacy week with another decline...bitcoin falls 10% in a sharp selloff
down 15% on the week and currently trading near $20.9kish

steady at the helm lads

dyor

4h


D

stronghands
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August 20, 2022, 12:19:49 AM
Merited by Gachapin (2)

the evening wall report





closing out the legacy week with another decline...bitcoin falls 10% in a sharp selloff
down 15% on the week and currently trading near $20.9kish

steady at the helm lads

dyor

4h


D

stronghands


I would merit this post, but I am now way too poor to do so.
Gachapin
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bitcoin retard


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August 20, 2022, 12:29:54 AM
Merited by cAPSLOCK (6)

the evening wall report





closing out the legacy week with another decline...bitcoin falls 10% in a sharp selloff
down 15% on the week and currently trading near $20.9kish

steady at the helm lads

dyor

4h


D

stronghands


I would merit this post, but I am now way too poor to do so.


here you go
cAPSLOCK
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August 20, 2022, 12:41:46 AM
Merited by Renampun (1), Toxic2040 (1)

the evening wall report





closing out the legacy week with another decline...bitcoin falls 10% in a sharp selloff
down 15% on the week and currently trading near $20.9kish

steady at the helm lads

dyor

4h


D

stronghands


I would merit this post, but I am now way too poor to do so.


here you go

Well fuck.  You check mated me.  Now I have to merit you both... again.
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August 20, 2022, 12:45:54 AM
Merited by AlcoHoDL (2), vapourminer (1), sirazimuth (1), psycodad (1)

You believe that Musk is the enlightened one, when it comes to bitcoin allocation strategies?

No, in wealth acquisition & management strategies. What you are talking about is but a sliver of a subset of that. And Microstrategy is underwater in their BTC investment. So what is Saylor actually good at besides being a cheerleader on social media?

If you might recall that we are in a bitcoin thread, and surely Musk has not faired too well in his communicating anything other than a gambling approach to bitcoin, along with his seemingly ongoing distractions with shitcoins (namely Doggie coin), and so your attempt to defend that twat makes you appear as a Musk worshiper.. when he hardly deserves any fanfare in bitcoin circles.

And yeah, maybe he deserves some credit for his various contributions to society outside of the bitcoin topic, but we are talking about bitcoin here.. not about worshipping some seemingly self-absorbed attention-whore narcisist. Sure, we could go as far as including shitcoins into our analysis of Musk's past comments and behaviors as they might related to bitcoin, too, and hopefully you are not investing into bitcoin (or shitcoins) in accordance with Musk proclamations or his various all over the place behaviors in contrast to taking an approach to bitcoin (and shitcoins) that would be more aligned with how Saylor acts and/or talks about matters related to bitcoin (and shitcoins too)..

More directly in response to your question, I think that Saylor has been good at quickly identifying BTC's investment thesis and articulating such investment thesis very well - including other educative attempts that he has been making including a conference that he held early on into his bitcoin journey (February 2021, I believe), and he has been good at being consistent and investing into bitcoin in a way that seems consistent with his idea of bitcoin as a long-term investment.  

I have had some criticisms of Saylor from the start in which I had been regularly asserting my belief that Saylor was overly aggressive with his allocation into bitcoin, so in that regard, he seemed to have been sending a message in regards to the benefits of hoarding bitcoin and never spending, which surely might fit his cashflow and assets scenario well, but surely some aspects of his seemingly overly aggressive approach seems to have had decent chances of leading to errors when others (especially newbies) attempt to follow the same kind of practices when their cashflow and/or access to credit may well likely not be as good as Saylor's.  

Another thing that a lot of us longer term bitcoiners have come to realize is that BTC HODLers/accumulators do not necessarily need to take real aggressive investment stances  into bitcoin in order to have potentials benefit quite greatly from bitcoin, so long as the investment timeline is longer 4-10 years or even preferably longer if the HODLer/accumulator might be a newbie investor, then there tends to be some practicalities in not wanting to be over doing the investments into bitcoin (such as overly leveraging) in the early stages of the investment into bitcoin because that may well end up rising to the level of gambling rather than seriously striving to build a long-term investment portfolio involving BTC.  

For sure, no one should be following the investment strategies of anyone else unless their circumstances were similar to that other person, so I have some difficulties blaming Saylor in the event that some newbie bitcoin investors might have ended up trying to follow similar strategies as Saylor and ending up getting burnt by overly investing in those similar kinds of ways.  In that regard, everyone is responsible for planning and creating his/her own BTC investment strategy that is tailored to his/her personal circumstances.

Also, currently even if Saylor's overall BTC portfolio is in the red (which it seems to be since his average cost per BTC is in the lower $30ks), he still seems to be in quite a decent position, even though in our Monday morning quarter-backing we may well be able to identify some areas in which he may well have played the whole investing into bitcoin matter better... yet I doubt that the mere fact that after the fact, we can point out some better ways that the matter could have been played amounts to evidence that Saylor really played his whole bitcoin approach badly...    

In other words, there is a decently wide range of reasonableness in terms of exercising discretion regarding these kinds of investment matters, and how to play them.

If you had not noticed, on a fairly regular basis Musk presents himself like a self-absorbed attention-seeking child, and yeah, maybe he is a "fun" billionaire, but he is annoying at the same time... at least in the way that he presents his emotional maturity in terms of how he has been inconsistently playing bitcoin and how he has been pumping that piece of crap coin.. aka dogggie coin. .. and we could even contrast Musk's presentation of emotional maturity to Saylor's presentation of the same, and it should be pretty clear to anyone who is an adult that Musk would not stand hardly any chance to measure up to Saylor in the arena of his presentation of emotional maturity (or lack thereof).
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August 20, 2022, 01:32:19 AM

(namely Doggie coin)



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