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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336416 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. (170 posts by 1 users with 9 merit deleted.)
Hueristic
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September 22, 2022, 07:09:38 PM

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September 22, 2022, 07:16:13 PM


Source: Bitcoin Magazine
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September 22, 2022, 07:27:58 PM


Yeah. That's not rocket science to understand why Bitcoin is far better than fiat.
But, there is always some Dick-Head around us like Jamie Dimon. You won't be able to explain or make them understand.
Well the thing about "better" is that it's subjective; Bitcoin is definitely not "better" than fiat for Jamie Dimon and his ilk.

Bitcoin is also not better if you would like to spend it quickly... or if you would like to get rid of it..  most of the time..

Most of the time, I would like to get rid of my fiat rather than holding onto it.. especially in recent times...

Sure they say that cash is king during these kinds of uncertain times, but if I am going to spend anything, then I will spend from the cash pile first...the vast majority of time..

If there were more ways to spend my lil precious, I would not mind spending some or even a lot of them (relatively speaking), but I am not that excited to spend any below or even near the 200-week moving average.. Now if we were closer to the 200-week moving average (which is currently $23,363) or even if we were closer to the 100-week moving average (which is currently close to $37,600) .. I would be a bit more eager to spend some of them.. . mind you that I don't tend to sell (or spend) very high portions of my lil fiend without replacing them.. but within my system, if the BTC price is going up and then getting above certain thresholds, then my threshold for parting with relatively modest quantities goes up in somewhat proportional ways... ..

If we have been in bitcoin for a while (and yes you are likely in such groupening, Homer bomer - at least 6 months longer than this here cat, no?), then likely we are not suffering and we are not going to suffer for lack of material goods/wants, but sometimes we still might be forced into some variations of delayed gratification (like in our earlier bitcoin days) because of the current prices of our lil fiends being in a kind of challenging and even quite low location based on the longer term averages. It just seems like inspiration to NOT be spending too many cornz (and even to be buying more - even when we might have thought that we were done buying cornz) just because of where we happen to be in these here current times (that hopefully are not going to be lasting for too many more months - so we can get this show back on the road to where it seemingly "should" be, rather than where it happens to be).
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September 22, 2022, 07:56:31 PM

Just wait to see how much bitcoin deere charges to replace a muffler on that

Already paid $1000 for the first service on the 325G.

The Gators are nice because they are roll-caged vehicles with seatbelts, that can comfortably transport 4 people around at once.

Also, I'm not driving like a fucking retard out there. Already tipped the trackloader over once already, so learning to really slow things down out there in the field, and keep the center of gravity as low as possible during transport. No sudden stops while carrying a load sorta deal. Fun stuff to learn while safely harnessed into this sort of machinery working on (mostly) flat ground. Sates my mech-pilot urges... for now...

EDIT: Yep, this is the good stuff right here. Hard to unintentionally be a retard in one.

Amen. Here's mine.

If I take a load of gravel in the hydraulic dumper on every trip out to the lake, before long the trail will be a road.

Oops, i thought you were talking tractors  Grin
Looks like a fun ride, though.

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September 22, 2022, 08:03:24 PM


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September 22, 2022, 08:08:57 PM
Merited by El duderino_ (10), JayJuanGee (1)

the noon wall report


bitcoins price is up this morning on heavy volume and is currently trading near $19.3kish
central banks around the world continue to raise interest rates with the Bank of England saying the country is now in recession
the Swiss also raised rates by 75bp pulling out of negative territory for the first time since 2015
the yield curve on the 10yr>2yr tbill is inverting with heavy front loading on the short term
all dire warning for the legacy markets imho
what does this mean for bitcoin?  well...im not sure...conventional wisdom would suggest there could be further capitulation as fiscal tightening is felt across the economies
it could also be that people realise bitcoin might be one of the only safe havens over the next several years...even better...realise that the power nation states have over your financial sovereignty must be curtailed no matter the cost
I also think that bitcoins general adoption and specifically institutional in '23....as these hedges become better positioned, will carry bitcoin past the worst of things if there is a significant recession globally

there is only twenty one million...and a lot of people are starting to want one

so there is that

dyor

4h


D

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September 22, 2022, 08:35:09 PM
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DXY ($ index)-a big winner this year (so far) +15% (more if you had an interest bearing account).
Compare with -21.6% for S&P 500 (yes i know, even worse than this for bitcoin).
Cash is king...for now (still hodling, though, like a stubborn person I am).
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September 22, 2022, 08:40:12 PM
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Most of the time, I would like to get rid of my fiat rather than holding onto it.. especially in recent times...
Obviously it's better and I agree with your opinion. what you dream of holding only a piece of money for years, of course its value will be lost by several factors such as inflation that cannot be stopped. but you are lucky if you hold 1 BTC for years to come because we know the longer the BTC will be difficult to get due to the limited supply. therefore shop wisely and manage your money for valuable assets in the years to come.
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September 22, 2022, 09:03:27 PM


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September 22, 2022, 09:07:49 PM
Merited by Biodom (1), JayJuanGee (1), sirazimuth (1), OROBTC (1)

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September 22, 2022, 09:38:05 PM
Merited by JayJuanGee (1)

My horse riding days are behind me. Getting older and don't want to risk a Christopher Reeve kinda situation. Safer to drive around the property on a 4 wheeler John Deere Gator.

So are you more of an Ozzy Osbourne or Rik Mayall kind of guy?


(Edit: Saw the pic you posted so withdraw the sentiment but I'm leaving it up anyway).
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September 22, 2022, 10:03:24 PM


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September 22, 2022, 11:54:27 PM
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Don't forget "Pi Hole Coiner"....that would be yours truly...
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September 23, 2022, 12:28:45 AM
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Don't forget "Pi Hole Coiner"....that would be yours truly...


Another possibility for classes of BTC HODLers would be based on Blocks:

50 BTC           Whale
25 BTC           Giant Squid
12.5 BTC        Shark
6.25 BTC        Swordfish
3.125 BTC      Tuna
1.5625 BTC    Dorado
0.78125 BTC   Trout
     .
     .
     .
     .


[Names above chosen for illustration, could also be levels of old-fashioned nobility for example]
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September 23, 2022, 02:04:15 AM

BREAKING: Russian Central Bank and Ministry of Finance agree on draft bill on use of Bitcoin and crypto in international trade .

Bitcoin Magazine
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September 23, 2022, 02:16:04 AM

Jamie Dimon saying that Bitcoin is a decentralized Ponzi scheme can’t be good for the price in the short term. Longer term I think this could be the beginnings of signs that we’ve reached bottom. Maybe not the exact bottom, but when you’re looking back on a 10 year chart it will look like the bottom where you should’ve started buying and stopped selling.

Just HODL...
BTC will shut their mouths and they will They will lick their own ass۔

These puppets will fell down like these bottles.

https://mobile.twitter.com/AltcoinDailyio/status/1573031916420243456
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