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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26840967 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 1 users with 9 merit deleted.)
philipma1957
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March 20, 2023, 05:57:19 PM

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.



So you are anti crypto and we are crashing correct?

So in under a month we are under 20k and sink to 10k eventually correct?




and JJG don't quote this and fuck with context.

As I am still buying BTC weekly and adding btc gear.








Oh still waiting to see fed's response to the bank crash.

I personally think they are so fucking stupid they will try to boost +0.50% to crash out inflation for sure.

ChartBuddy
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March 20, 2023, 06:01:21 PM


Explanation
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March 20, 2023, 06:06:05 PM

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

Who says we're still in a bear market?
Tell me please, what's the difference between a bear market rally and a beginning of a bull market?
It's easy to say after the fact when the price keeps going down for months that it has to be a bear market and the same the other way round, after breaking the ATH everybody thinks it's bull market.

2020 can be a good example. We went to 10k - nah bear market rally like in 2019, 12k - nah it's going to be like in 2019, 13,5k - I better sell soon before it ends up like 2019, then it finally broke into 18k territory and everyone was like - take my money, it's bull market and we went straight from 19k to 41k.

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.



So you are anti crypto and we are crashing correct?
No, No! You took it wrong, I'm not anti-crypto. I'm very pro-crypto. This image reminds me situations when people buy bitcoin when bubble is about to explode, I mean moments when it reached 20K in 2017 and 70K in 2021 and people were entering and making investments into crypto world during that moments.
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March 20, 2023, 06:06:34 PM

What does $1 even buy these days? Maybe get a couple of carrots if you're lucky?

What about the famous (or infamous if you're a food purist or a vegan) Big Mac.
In 1970 you had to cough up just $0.46 to get one.
In the 80s, $1.60
In 2004, $2.90
In 2020 the price reached $4.95


I was in California in the mid 90s and went to quite a few McDonald's and Denny's. I think they had a special deal on at McDonalds as I remember everytime I got a Big Mac it literally was $1.

(Weird observation I thought at the time was EVERY single employee at McDonald's was black. San Diego, LA, San Fran, always black restaurant workers, like white people weren't allowed.)


I watched Matt Stonie 7 years back and his 25 Big Macs bill came to $117, which is STILL a few dollars more than in the UK at today's individual Big Mac prices (£3.69) and current exchange rate.

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.
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Bisq Market Day - March 20th 2023


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March 20, 2023, 06:11:24 PM

NEW: 🇺🇸 The FDIC Insurance Fund only has $128 Billion and total US deposits in Commercial banks are $17.6 Trillion 😳 😰

This is a game of consumer confidence and #Bitcoin    will always win that 🙌

https://twitter.com/BitcoinNewsCom/status/1637759425535516675?t=2a8vIy5VJz0fGpRonxu_4w&s=19
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March 20, 2023, 06:24:50 PM
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Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

Every hear of a drought?

You can only live so long without water and then you have to ship everything in.

Thats what happens when you allow special interests use your precious resources when they are not being renewed.

Even with all the flooding and snow cap building they are still in drought conditions.

That's how big a hole they dug for themselfs.

Literally Arizona is trying to ship in water from the colorado river to support new industrys that should never have been built in a desert to begin with.

The retarded decisions I see on a daily basis make me not give a flying fuck about anything or anyone any more.

Humankind is digging its own grave and I for one have given up giving a shit about it.
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March 20, 2023, 07:01:17 PM


Explanation
philipma1957
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March 20, 2023, 07:41:28 PM
Last edit: March 21, 2023, 05:15:33 PM by philipma1957
Merited by BobLawblaw (10), BitcoinBunny (5), Hueristic (1)

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

Every hear of a drought?

You can only live so long without water and then you have to ship everything in.

Thats what happens when you allow special interests use your precious resources when they are not being renewed.

Even with all the flooding and snow cap building they are still in drought conditions.

That's how big a hole they dug for themselfs.

Literally Arizona is trying to ship in water from the colorado river to support new industrys that should never have been built in a desert to begin with.

The retarded decisions I see on a daily basis make me not give a flying fuck about anything or anyone any more.

Humankind is digging its own grave and I for one have given up giving a shit about it.

Every day I used (edit sp) to wake up angry all my kids died via miscarriages.

Now I am grateful I won't need to worry about them at all. I figure at 66 I may be lucky enough to simply die before it all falls apart.

No male in my family lived past 93  only 1 lived past 85. So a good chance I am under 20 years to go this means I may not see the

collapse.  If indeed that is what is going to happen.

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March 20, 2023, 07:53:08 PM
Merited by JayJuanGee (1)

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

Every hear of a drought?

You can only live so long without water and then you have to ship everything in.

Thats what happens when you allow special interests use your precious resources when they are not being renewed.

Even with all the flooding and snow cap building they are still in drought conditions.

That's how big a hole they dug for themselfs.

Literally Arizona is trying to ship in water from the colorado river to support new industrys that should never have been built in a desert to begin with.

The retarded decisions I see on a daily basis make me not give a flying fuck about anything or anyone any more.

Humankind is digging its own grave and I for one have given up giving a shit about it.



Every day I sued to wake up angry all my kids died via miscarriages.

Now I am grateful I won't need to worry about them at all. I figure at 66 I may be lucky enough to simply die before it all falls apart.

No male in my family lived past 93  only 1 lived past 85. So a good chance I am under 20 years to go this means I may not see the

collapse.  If indeed that is what is going to happen.



Woah. Cheer up guys.
Bitcoin is pumping dont ya know.
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March 20, 2023, 08:01:17 PM


Explanation
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March 20, 2023, 08:51:36 PM

I still have my cold
But bitcoin is going up
So there's that I guess

You are not sure?

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Any idiot spouting fictitious nonsense seems to be able to start a YouTube channel about finance and get 50K followers easily these days.
And meanwhile my own YouTube channel seems to have a collective total of 4 views after 2 weeks.

And three of the views were your mom.


AmInotrite?

 Tongue


ALERT!
Blood is rushing to my nether-regions.

Why?








Dare I ask?


Today I’ve had 4 phone calls from friends that have always disregarded what I had to say on #Bitcoin
Today it’s different. They all sound scared, and want to know how to buy
One friend is sitting on a cash balance of 2 mil. He wants 1 mil in #Bitcoin by the weekend
Buckle up
https://twitter.com/BitcoinMaxiHodl/status/1637712059629735936?s=20

You could sell him some from your pocket change..

your side wallet....


your hot wallet..


whatever it's called.


You know that if you have been into bitcoin for at least a whole cycle, you got cornz to be tossing around...


One of the problems with having too many cornz is knowing what to do with them, but if you end up selling your own cornz to even a BIGGER fiat whale.. then there would be questions of making sure that you still have "enough" left.

Janet Yellen admitted to Congress that SHE and other government officials determine which banks are systemic, and which are not.
Below are the entities that paid her over $7MM in “speaking fees” before her time at Treasury.
Banana Republic stuff.
@DoombergT
https://twitter.com/EnergyCynic/status/1637445248170311680?s=20
This never gets old


Bitcoin sign guy.. how qcuuuuuuuuutte.
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March 20, 2023, 09:01:20 PM


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March 20, 2023, 09:13:43 PM


Loving that green dildo reaching the $32,000 level.  Kiss
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March 20, 2023, 09:21:00 PM

Stop with the crap "tecnical analisys" "elliot waves" all crap. Only fundamentals and you cant know they well, so dont be a wall street boy of crypto.

All that grapichs who never land in correct predictions and after that prediction fail , then come and put others lines and say "look i took the incorrect bla bla bla".

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March 20, 2023, 09:42:58 PM

Stop with the crap "tecnical analisys" "elliot waves" all crap. Only fundamentals and you cant know they well, so dont be a wall street boy of crypto.

All that grapichs who never land in correct predictions and after that prediction fail , then come and put others lines and say "look i took the incorrect bla bla bla".



 Apparently most of us have no clue what we are talking about when it comes to technical analysis and Bitcoin but that is what this thread is all about… plus you can just ignore anyone that annoys you.
 The truth is most T/A is worthless unless you know what the Bitcoin whales are using.

Disclaimer:posts are for entertainment purposes only
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March 20, 2023, 09:57:17 PM
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March 20, 2023, 09:57:26 PM

What do you guys think will happen in April? Are you going to climb further above $30000 or are we going to be stuck in the $25000-30000 range because this is the best Bitcoin has looked in a year and I think the overall mood is good but I never know how to gauge the trend of a bull market. I think the WO squad are more insightful then a lot of the internet so I am keen to hear your opinions about where you think we are heading.
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March 20, 2023, 09:58:22 PM

correction incoming?
Really?

How do you know?

And, how do you define correction?

Does it matter, even if it takes us back down to $24k or $25k.. that is hardly even significant, is it?

How are any of us going to play this?

Is Hyperjacked selling yet?

How about others who are playing those kinds of games?


Will it work to pick up more cornz or contribute towards having fewer cornz?

I know.. gamblers have difficulties with these matters, and I am pretty sure that you (Gachapin) are not into playing those kinds of swings.. even though tempting, right?

Are you tempted?

Any regular (or self-described) HODLer tempted to play it?  or try to play it?

By the way, some of the traders will not tell us what they did until either after they did it or after it worked out for them, and there will be crickets about the times that they did it and it did not work out so rosily well for them...

Today, in an interview with Pompliano (towards the end of the interview.. maybe in the last 15 minutes or so), I even heard Raoul Pal admit that he would have been better off if he had not been trading bitcoin.. not too common for the traders to admit those things, even though he still has been a bit self-selective in some of his representations in regards to the bullshit and the shitcoin pumpening that he had been doing in the past couple of years.
I would not consider my trades earlier this month gambling but instead investing like stock trading with a strategy…

Of course, "they" all have prudent strategy (while winning)...

You forgot the line:  "don't try this at home."

 “Investing allows for thoughtful research and analysis, assessment of probable risk-adjusted returns and shared wealth among many investors and the company itself. Everyone can win in the market over enough time. Only one can win with gambling. Therefore, the stock market isn’t gambling.”

Sounds good, in theory...

So whose theory is it?  especially if there are quotation marks ("") included?

“The Difference between Gambling and Cryptocurrency
Gambling is based on chance, while cryptocurrency is based on mathematics and cryptography. With gambling, you are betting against the casino house, but with cryptocurrency you are betting against other people that have the same or similar amounts of money as you do.”

Oh my.

You are pushing it.


Have you heard about dee cornz?  which happens to be what we be talkin about here, willis.

Currently the risk reward is not in my favor so I will not be doing any trading…just holding !

That's good.  You do have some "temporary" senses.

Does it sound like I don't believe you?

Me gots 30k$ cornz In da bifolds 😝
 
Cheers Jay 🥂

I am a pretty big fan of buying and accumulating, but surely, if you bought your cornz one or two cycles ago, and maybe you need some money along the way, then maybe selling some cornz might be o.k. - especially for a longer term HODLer... andd especially if the price is going up and especially if you are not selling very much.. and maybe even especially (am I running out of "especiallies?") if you might have bought some cornz in 2015 (around the time of your forum registration date)..

I am not going to speculate too much about that... even though suspect that you might not have bought and held too many cornz from them times, even though I do appreciate that it could be possible that quite a few cornz could have been accumulated in 2015 for relatively economical prices (even way more than 20 of them.. maybe even in the triple digits territories of them for not very much money (relatively speaking)?.. between $200 and $700 per corn.... still looks like a bargain right now.. ).. so I am not going to blame anyone who had accumulated somewhere in the upper double digits of corn or even in the triple digits of cornz to be shaving off some of the stash in these kinds of upward moving times or even  in the "I am getting older" kind of times... ..  .. even having somewhere in the ballpark of 78.8799053 cornz (that's entry-level fuck you status, if you had not realized that?..

....but who's counting, right?) might seem like a wee tiny bit of a surplus in these here times to even be close to those kinds of territories and the 200-week moving average, which is still pressing UPwardly.. and has not even stopped from pressing upwardly in a kind of tick tock, next block kind of a way.. ... and even though it feels a bit better to be above it rather than below it.. even if we cannot necessarily have confidence.. in terms of short-term solid grounds.. . and so a bit of presumption could be in place in regards to how many cornz is needed .. to be able to shave off some of the lil tinglies without worry.. ?  50+?  and I am still trying to think about some formulas for some of these imprecise modern day HODLer maths and sciences... From my perspective, if you getting into the world of HODLer, then you are likely getting into more shaving off freedoms when you are getting at, near or above fuck you status, and one of the issues is that you do not need to rely upon "default" fuck you status in the sense that you should be able to calculate your own personalized fuck you status.. that does not cause you to be too overly reliant in fiat.. even though fiat values can still help you to have some degree of confidence regarding how many cornz you are able to shave off at any given..  from time to time.. .

I am starting to lose hope that banks will collapse. Even if when fiat goes belly up, There will always be sheeple who need others to take responsibility for holding their money.
"For some reason those people think that if they lose their money, it's over. But if someone else loses all their money, they will pay them back someday, because they are "obligated". Roll Eyes"
you do realize that actually is kind of true.

Hey JJG +0.25% or +0.50%. what do you think?

I thought that I already responded to this.

It doesn't really matter very much... but if you force me into a prediction about something that is largely irrelevant, I will say 0.25%...

You are kind of forcing the discussion of something that is largely irrelevant.. like which team is going to win the superbowl... I mean it is somewhat relevant.. but not so much... not as much as you are wanting to make it out to be.

Do you believe that the price of cornz is going to correct prior to any announcement of the interest rates? 

Do you believe that it matters very much in regards to whether you have already accumulated cornz in preparation for up?

Do you have your 78.8799053 cornz yet or the equivalent that works for your situation.. or you still working on getting more cornz

It seems to me that some of the most importance of questions that many of should be asking regards our corn preparation plans.. and sure if we already got enough then how are we managing them and how much might we be selling along the way.. are we at a higher level being able to shave some off or most likely not for the newbies..

And, since this is a likely generalist thread, I would think that those who are either in a kind of maintenance or liquidation phase should not have as many questions as compared to those in various stages of BTC accumulation.. and how much does the fed rate changes affect those kinds of contemplations regarding how much BTC to accumulate?

I understand that there is quite a bit of potential relevance that it is not comfortable to be accumulating BTC while the BTC price is going up;.. .. because then there might be BIGGER questions regarding whether to lump sum right now or how much to hold for a correction or will a correction come.  Do you really believe king daddy gives very many shits about whether the fed does 0, 0.25%, 0.50% or even something as high as 1%.. which seems pretty crazy, but they are desperate.. so sure, there is a certain level of relevance regarding how desperate of a state is the economy.. so then how does that desperate status relate to how much any of us should be accumulating BTC in the event that we still are not prepared in our BTC holdings after 11 years being involved in it?   Cheesy Cheesy Cheesy Cheesy

Go figure.  Tongue
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March 20, 2023, 10:01:17 PM


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what is this "brake pedal" you speak of?


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March 20, 2023, 10:04:05 PM
Last edit: March 20, 2023, 10:15:49 PM by vapourminer
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so whats up with this?

https://arstechnica.com/tech-policy/2023/03/fighting-vpn-criminalization-should-be-big-techs-top-priority-activists-say/

will vpns be the new "mixers" as far as The Law is concerned? coming soon to a country near you!

privacy? ppphhhhhssssssttttttt
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