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

[ChartBuddy]

Explanation

[1714259698]

1714259698

[1714259698]

1714259698

[sirazimuth]

.....

https://bitcointalk.org/index.php?topic=178336.msg58191771#msg58191771

Hey you owe me royalties bro. That's me.
Some bastard hacked my MySpace selfie page years ago and is making $millions ever since....


(payable in BTC of course)

36SiRaZiMuthrocksSend10bitcoInHEre

(edit...Added note for all noobs to this thread....I like to take the piss...   burp)'

just sold a piece for 60k

For those of you rejoicing too much in regards to selling a chunk at $60k-ish, that might start feeling like Bawb's selling of a million or so at $15k in November 2020.. felt good at the time, but we never even came close to returning to those kinds of numbers.. and really we ONLY came down to about $30k.. which is about double $15k.. the last time that I checked.

maths.

and

science, too....

that didnt age very well....


(You know I still love you jay... I only bumped it because it was right below the post I searched for, LOL)

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[wmaurik]

I love it when bitcoin drops like this.I even think it will go down as much as 25% before it goes up. But the reason I love it besides cheap coins is that it shuts up all the detractors. Nobody falsely calls it a scam. When it goes up over the next few years the hodl strategy will once again prove to be the best. Finally bitcoin just carries on functioning as it has since day one. Longevity matters and it is like a poke in the eye to the detractors. I am in seventh heaven….

There's no need to listen to Bitcoin detractors because they definitely don't like Bitcoin. But if you are a person who already considers Bitcoin as a currency of value and believes it will have a good future. So don't ever hesitate to buy Bitcoin at a discount like now before you regret because you never bought at a low price like now. Because Bitcoin will continue to function in human life and also in the end more people will like it in the future. So leave the detractors behind and focus on what you already believe in and believe in.

[ChartBuddy]

Explanation

[WatChe]

This is a reflection of the state of mind of the people. People are sick physically and mentally, desperate, resigned to inflation, poor health care, the threat of world war, and have lost faith that anything can save them. Even here we don't see optimistic posts anymore. Yes, it's all a speculator's paradise, robbing the weak hands of their bitcoins for a pittance. The situation remains dire indeed and for the first time in Bitcoin history we have had 10 months of non-stop crashing without a rebound. It is very likely to last at least a few more months until the weak hands run out. But that doesn't mean it will be ten years or so before it returns to 60K+ levels. Bitcoin is not like gold and can easily and quickly catch up any lag. And while there were voices before that 20K was accidentally achieved due to the short stay in those levels, this cannot be said at all for the 60K+ levels where the price stayed for months. So this price is totally achievable, from where we can also expect the 100K+ to come true within the next 3-4 years.

Bitcoin price is falling down and right now at 20k$. Give it just a push of 3 to 4k and we will see analysts coming with charts that it's bullish now and next target is 30k then 50k and bla bla. And with that majority will start buying.
Likewise if we have a downfall of 1k or 2k, we will see predictions that bitcoin going down to 8k, 10k etc.
The real point is, no one willing to understand that no market can maintain upward trend forever. Market has to take correction after every bull run and this is what going on with bitcoin right now.
Bitcoin is maintaining window of 20 to 25k for almost 3 months now. I don't see much risk in buying bitcoin or doing DCA at such price. If you are thinking of long term investment and huge return then this is time to start investing. DYOR

 Any perceived correction wrt Bitcoin is due to those people who don't understand that compared to everything you can conceivably buy it is technically. thermodynamically superior as an asset¹. foolishly believing that they are taking money off the table.  So-called "bull runs" are just minor deviations from the HODL function; it's going up forever.  Laura gets it.

1 Michael Saylor

If you liked btc at 69k then you must also show respect for btc at 20k.

[ChartBuddy]

Explanation

[nutildah]

Source: Bitcoin is a Crypto Coin That May Has Value: Experts



Bitcoin is a crypto coin that was mined by Satoshi Nakamoto. He is a man from Japan although this has not been made whole. If Bitcoin goes up in price then it will cost more. This is true for all high-flying birds. Those who doubt Bitcoin may be cast in a special place in Hell. Somewhere below the 7th level but definitely above the 2nd. Don't stop thinking about tomorrow. Don't stop, it'll soon be here. {insert cheery marching band music} {cont. on Page 2}

[Piesel]

.....

https://bitcointalk.org/index.php?topic=178336.msg58191771#msg58191771

Hey you owe me royalties bro. That's me.
Some bastard hacked my MySpace selfie page years ago and is making $millions ever since....


(payable in BTC of course)

36SiRaZiMuthrocksSend10bitcoInHEre

(edit...Added note for all noobs to this thread....I like to take the piss...   burp)'

just sold a piece for 60k

For those of you rejoicing too much in regards to selling a chunk at $60k-ish, that might start feeling like Bawb's selling of a million or so at $15k in November 2020.. felt good at the time, but we never even came close to returning to those kinds of numbers.. and really we ONLY came down to about $30k.. which is about double $15k.. the last time that I checked.

maths.

and

science, too....

that didnt age very well....


(You know I still love you jay... I only bumped it because it was right below the post I searched for, LOL)

Hey buddy you look amazing in that selfie, I wonder how you look after collecting the BTC royalties from bunch of noobe like myself to the wall observers thread, when the price finally make it back to 30k or even 100k. I ma be the first to make the royalty payment for the good job in taking such a wonderful selfie in winter.

[eXPHorizon]

Source: Bitcoin is a Crypto Coin That May Has Value: Experts



Bitcoin is a crypto coin that was mined by Satoshi Nakamoto. He is a man from Japan although this has not been made whole. If Bitcoin goes up in price then it will cost more. This is true for all high-flying birds. Those who doubt Bitcoin may be cast in a special place in Hell. Somewhere below the 7th level but definitely above the 2nd. Don't stop thinking about tomorrow. Don't stop, it'll soon be here. {insert cheery marching band music} {cont. on Page 2}

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JayJuanGee]

I love it when bitcoin drops like this.I even think it will go down as much as 25% before it goes up. But the reason I love it besides cheap coins is that it shuts up all the detractors. Nobody falsely calls it a scam. When it goes up over the next few years the hodl strategy will once again prove to be the best. Finally bitcoin just carries on functioning as it has since day one. Longevity matters and it is like a poke in the eye to the detractors. I am in seventh heaven….

I am not sure how reflective your comment is of a longer term HODLer, and your forum registration date is very similar to mine, but I don't feel anything close to your purported elation.

I grit and bear it.. at best, and yeah I keep buying to the extent that I can, but it's not always easy to get excited in regards to BTC price that are hovering around the 200-week moving average.. and one thing is that historically, I had been used to BTC prices bouncing around the 200-week moving average for decent periods of time - including even failing/refusing to move up... such as most of 2015...   

I had also gotten somewhat used to bitcoin prices bouncing below the 200-week moving average and even staying below it for short periods of time, but nothing quite as long as our so far largely staying below the 200-week moving average for more than 2.5 months, and still no end in sight for when we might get solidly back above the 200-week moving average. 

Of course, I agree with other aspects of your post regarding bitcoin NOT being dead in spite of the many bitcoin naysayers coming out of the woodworks and even increasing their vocalism.. and likely going to be proven wrong.. but in the meantime, the bitcoin naysayers seem to be the ones who are mostly believing that they are having their hayday with more confidence in terms of their contemplating that bitcoin is really dead this time  - or that it is otherwise subservient to the commands of the fed and other delusional nonsense like that... not easy to feel very elated in these circumstances... even though I am not even feeling in any kind of negative state regarding finances and/or psychology.. but it seems that these relatively longer periods of negative can still be a wee bit grueling upon longer term BTC HODLers, incuding but not limited to yours truly.

.....

https://bitcointalk.org/index.php?topic=178336.msg58191771#msg58191771

Hey you owe me royalties bro. That's me.
Some bastard hacked my MySpace selfie page years ago and is making $millions ever since....

(payable in BTC of course)

36SiRaZiMuthrocksSend10bitcoInHEre

(edit...Added note for all noobs to this thread....I like to take the piss...   burp)'

just sold a piece for 60k

For those of you rejoicing too much in regards to selling a chunk at $60k-ish, that might start feeling like Bawb's selling of a million or so at $15k in November 2020.. felt good at the time, but we never even came close to returning to those kinds of numbers.. and really we ONLY came down to about $30k.. which is about double $15k.. the last time that I checked.

maths.

and

science, too....

that didnt age very well....

(You know I still love you jay... I only bumped it because it was right below the post I searched for, LOL)

I don't have any problem with the contents of that post, and it is a post that is captured in its time and is consistent with what I tend to say at most times. which is you better be prepared for both UP and DOWN.. but mostly UP... many people under-prepare for UP... even the HODLers of bitcoin...

On a personal level too, you likely also realize that I attempt to follow a practice of selling on the way up.. but at the same time, I will tell newbies that you better not be fucking waiting.. you better get the fuck started, and that does not matter so much about BTC price, but they they are responsible for any way that they go about buying BTC and getting a stake...

I started buying at the top in November 2013.. and I have no regrets about it.. so I have no regrets pretty much continuing to say similar things.. even though I do feel smarter about a lot of things related to bitcoin and even ways to structure BTC buys and getting a stake in BTC and things like that since November  2013.

Furthermore, I do not advocate selling in order to buy back lower, and especially to be careful in terms of selling BTC when in the accumulation stage.. .. but once any newbie might get to a certain level of BTC accumulation s/he will surely have more options and even feel like s/he has more options.. so for sure each person has to be responsible for how they get into BTC including how much they would be buying on the way up.... versus waiting.. and at the same time, we cannot even know whether we are in a no man's zone that it never going to come back down or not.. which seems to be where we were at  in mid-October 2021.. .. so in mid October 2021 we were getting close to the then top, but we would have had hardly no fucking clue if the BTC price would actually go through deadman's zone (which I had considered to be around $80k at the time), so yeah of course, now in retrospect, we know that around November 9th, the BTC price hit its top for that particular cycle.. but we ONLY know that in retrospect.. and we can ONLY assign probabilities, anyhow, for which way the BTC price is going to go, how far it is going to go and even how long it might take to get to where it is going, and pretty much many of us, including yours truly did not know that $69k was going to be the top, just like many of us, including yours truly did not know that $19,666 was going to be the December 2017 top... . and in retrospect to say that you knew that the top was near in mid-October 2021, then let me see what else you were saying and if you just always said the same thing over and over and over.. just like some folks continue to call the top any moment.. all the way from $30k up to $69k, and yeah sooner or later, they were going to be correct.

No regrets at all, and I am not taking anything back.  You better fucking prepare ur lil selfie for UP... but also for down too because we might not go up.... and also prepare yourself to be responsible for your own ways of planning to employ your financial strategies in a way that is sufficiently and adequately personally tailored to account for all of your circumstances and your views about BTC price is ONLY one of the factors and any ability to get the BTC price direction right is also ONLY one of the factors that is part of the accounting.. and do I need to repeat the others in order that each of us is personally responsible for tailoring his/her own situation in order to attempt to prepare for any price direction including extremes that might go beyond expectations in either price direction, too?..

Anyhoooo. no need to get caught up in the past, because I will have to just batslap you for funzies if you are going to attempt to claim that I was wrong (or I was more wrong than any udder peep).. even if we can look at the BTC price charts and we can confirm that the BTC price did end up going down soon after mid-0ctober 2021.. to find us in our somewhat perilous state of BTC prices of today.. and by the way, I feel pretty good about how I played my BTC matters, even though sure there are ways that I surely could have done better, but it is still not easy to figure out if I would have actually changed much if anything that I did (and said) if I am trying to figure out my words and actions based on information that I had at the times that I presented such words and made any related actions.

[cygan]

[WatChe]

The best thing about bitcoin is you never stop learning. There are so many things you learn as you move with bitcoin. The first time I got payment in bitcoin, I realized that payments can be done instantly and without any deduction. A phenomena not known to all of us before.

Inflation rate, censorship proof system, peer to peer cash transfer etc are things I learned only once I entered bitcoin domain.

It's a decentralized money in centralized world with infinite value.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[wagmi]

We should not let temporary losses of Bitcoin make us distracted from HODL! Bitcoin is working long term. We should approach Bitcoin long term.
Bitcoin is limited to 21M Bitcoin and it is unique because no one can just dig a hole and find random Bitcoins.
Elon Musk can travel to Mars, find Gold on Mars, it would be a huge failure for Gold. For sure, Elon Musk will not find Bitcoin when he travels to Mars!
For Bitcoin to show its promise, it takes time, because Bitcoin is more scarce as Gold. Only 21 million people can own a single Bitcoin.
Even today, Gold has 10x market capitalization of Bitcoin.
FIAT money will always have inflation because it is always being reprinted:



Imagine what will be in 100 years, FIAT money has inflation of 2 to 10% per year and Bitcoin has a limit of 21 million coins.
Do not sell!
Because we are in long term!

You should only have values in Bitcoin anyway where you don't need to sell. If you are forced to sell Bitcoin, you have miscalculated.

In addition, our current crisis is a one-time crisis in which people also have miscalculated. Who is surprised it was not a good idea to become so extremely dependent on Putin‘s Russia? Experts have warned about Russians, but politicians turned a blind eye. Positive side effect for us: if lessons are eventually learned from it, by removing all Putin friends from positions of responsibility and building our energy supply diversified, independent and robust, it was our last crisis of energy.

The low Bitcoin prices should be exploited.
Who sells Bitcoin now, has not understood Bitcoin!
People who do not sell Bitcoin now and get your position properly will reap nice rewards for deciding to HODL!

WAGMI.

Many have yet to learn.
Many must learn to make positions long term. No long term strategy, no success.
Weh ave seen a recent price collapse by Terra Luna and Celsius, it is such a problem.
It was unjustified panic selling and no reason for it!

Altcoins like Terra Luna and Celsius are independent of Bitcoin.
When some weak hands sold off, only came about due to an irrational panic and anyone who participates in such panic loses money.
ngmi.

Most sell-offs are not rational and are instead driven by irrational decisions and panic.
By education, one must stay away from such irrational decisions and panic.

Bitcoin losing 10,000 Dollar was clearly not a rational decision.

Bitcoin did NOT have technical problems!

To be successful, we have to understand: Bitcoin is independent of Altcoins and you have to understand HODL.
To be successful, we have to understand: Bitcoin is a good store of value.
HODL!


ALTCOIN LIES

To avoid falling for Altcoin lies, people need Bitcoin education. People who don’t understand Bitcoin will fall for Altcoin lies because of  pro Altcoin FUD.

What are Altcoin lies?

Altcoin lies are fabricated by Altcoins to get more credibility to Altcoins and to bash Bitcoin.


We need to bring more awareness of what is relevant news what justifies selling Bitcoin and what does not justify selling Bitcoin.
A failure like Terra Luna crash is clearly not a justification to sell Bitcoin.
Anyone selling Bitcoin because of Terra Luna‘s crash has not understood Bitcoin.


Bitcoin education against Altcoin lies

A lack of Bitcoin education is to blame if failed Altcoins put an irrational burden on Bitcoin.
A lack of Bitcoin education is to blame when Altcoin lies are spreaded.
A 10k price drop is definitely irrational.

From here on, more Bitcoin education is important to prevent such irrational decisions so to prevent a price collapse.
One should not be blinded by smoke bombs from Terra Luna supporters.
Bitcoin’s price drop was irrational. A lot of Bitcoin was sold what should not have been sold if a rational approach was taken.
Blame it on Terra Luna supporters' smoke bombs which dragged Bitcoin down.
In many cases, inexperienced HODLers fell for it. Reason for it: lack of Bitcoin education.

People should be aware when a similar situation happens: Bitcoin was not responsible for what happened.
No need to sell Bitcoin.
People need to learn to be wise and not sell Bitcoin when various Altcoins have technical problems.
People should not be blinded by smoke bombs and don’t sell in panic.
Much more is likely to happen because we have many shady Altcoins!

Being successful means understanding: Bitcoin is independent of Altcoins and you have to understand HODL because BTC is limited to 21M coins, Bitcoin's supply cannot be inflated.
People need to research about Bitcoin, halving mechanism and technical independence from Altcoins.

By doing so, we can avoid irrational decisions.
It is Bitcoin education.
It is never advisable to sell because of irrational exaggerated FUD and shows how early we are still.
Understanding Bitcoin means understanding HODL.

Bitcoin will rise to unimaginable prices.
Bitcoin has risen in recent years to unimaginable prices.
It will happen again.
„Bitcoin is not profitable“ is also an Altcoin lie. It is a lie because it’s saying it is no longer profitable to get into Bitcoin and instead buy Altcoins promising higher profit margins.
It is an Altcoin lie ignoring Bitcoin’s fundamentals. Many Altcoins are already overvalued today.
Bitcoin is superior to all Altcoins as a store of value. Anyone who doesn't understand it, has fallen for Altcoin lies.

Don’t fall for Altcoin lies, HODL Bitcoin!

wagmi