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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 26371082 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.)
philipma1957
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September 01, 2023, 06:24:31 PM

As usual traders have no clue. I've decided to resume my DCA and postpone buying the real estate for few months. The reason is not only the good buying price, but currently I couldn't find anything near my taste and needs. I missed a lot of opportunities in 2016-2017, so I still need to grab more coins to maintain the lifestyle I desire. In general, I sell only to buy things that I need urgently and later when I got the cash savings, I aim at restoring my stash as much as possible. And to put my money where my mouth is, I've just bought with €1K. Hopefully, I will be able to do it many times until the next bull run explodes.  So traders, please place every penny you have at 100x long positions! I need more of your lost money in the form of cheaper coins Wink

I did a lot of buys. I will add them up 🆙

may not be 1000 euro 💶

maybe 600 usd
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September 01, 2023, 06:26:35 PM

Fucking buddy take another break.

the lead is under 1000 posts.

You're a gonner.

Sorry to say.

As usual traders have no clue. I've decided to resume my DCA and postpone buying the real estate for few months. The reason is not only the good buying price, but currently I couldn't find anything near my taste and needs. I missed a lot of opportunities in 2016-2017, so I still need to grab more coins to maintain the lifestyle I desire. In general, I sell only to buy things that I need urgently and later when I got the cash savings, I aim at restoring my stash as much as possible. And to put my money where my mouth is, I've just bought with €1K. Hopefully, I will be able to do it many times until the next bull run explodes.  So traders, please place every penny you have at 100x long positions! I need more of your lost money in the form of cheaper coins Wink

It does seem to me that part of your own problems with your own personal bitcoin journey is that you overinvest and then you overly sell, so you are likely not consistent enough, so in that regard, you likely end up leaving more value on the table than if you would have had just had a more ongoingly consistent buying strategy.

But hey whatever do what you like.

None of this is very easy, including figuring out an ongoing buying strategy that continues and perhaps just limited selling during extreme UPpity position and not even that is easy to get right... so that is why ongoing buying is good and buying on dips.. and limited selling until maybe clearly way in profits and clearly having fuck you status in sight in terms of the number of coins that you should ongoingly be attempting to maintain, even if you might sell small amounts of your stash at various points along the way.
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September 01, 2023, 06:38:10 PM

I miss you buddy! The BTC went down once again and this time it's again in $25k levels. That's the main reason people say that September has been the worst month for Bitcoin.
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September 01, 2023, 07:21:31 PM
Last edit: September 01, 2023, 07:33:38 PM by JimboToronto
Merited by philipma1957 (2), xhomerx10 (1)

Canada and maybe the USA is going back towards prohibition.

New medical recommendations  are any alcohol at all is bad. Canada officially asks that you have 2 or less drinks a week.

Meanwhile in the real world:

https://people.com/royals/queen-mother-drinking-habits/

That article doesn't even mention that after dinner she usually went out to the pub and drank beer with the commoners. Look at the expression of pure joy and anticipation on her face as she pours herself a pint.

That's how you live to be 101 years old.

dragonvslinux
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September 01, 2023, 07:26:25 PM



Am thinking slow grind to $23K if people don't lose their shit rather than $20K panic mode. Grind it out until the end of the year now.

ETF delay wasn't even bad news. Was just not good news either. Capitulation is so 2022 right now.

Have otherwise changed avatar brightness to low.
Hyperjacked
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September 01, 2023, 08:57:28 PM



Am thinking slow grind to $23K if people don't lose their shit rather than $20K panic mode. Grind it out until the end of the year now.

ETF delay wasn't even bad news. Was just not good news either. Capitulation is so 2022 right now.

Have otherwise changed avatar brightness to low.


Yeah it looks like they are taking it down… still time for accumulating before the halving.

DCA mode going forward…

1 Bitcoin still = 1 Bitcoin

Cheers
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September 01, 2023, 09:00:13 PM



Am thinking slow grind to $23K if people don't lose their shit rather than $20K panic mode. Grind it out until the end of the year now.

ETF delay wasn't even bad news. Was just not good news either. Capitulation is so 2022 right now.

Have otherwise changed avatar brightness to low.

We may see a slow grind for a bit but it's all just waiting on the inevitable.  With the halving quickly approaching at some point the mood will flip and people will go into heavy accumulation mode.  The amount of demand the market is seeing now even without an ETF is enough to overwhelm sellers once the halving hits.  If an ETF spikes demand on top of that, we're going to see another bubble.  I don't even think the mtgox coins will be enough to hold it down, although that is the last real concern the market has before the perfect storm arrives.
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September 01, 2023, 10:33:05 PM


Yeah it looks like they are taking it down… still time for accumulating before the halving.

DCA mode going forward…

1 Bitcoin still = 1 Bitcoin

Cheers


Motivation of the day..

DCA mode ? sir i was thinking that DCA mode never ends.. It does as you said moving forward. I think we better call it the accumulation zone moving forward.. so how long 40 days 45 days ?.. Doesn't matter 5 weeks are enough to grab some decent amount
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September 01, 2023, 10:53:33 PM



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September 01, 2023, 10:55:23 PM
Merited by xhomerx10 (1)

Lets be real here. The SEC is going to fight hard not to approve anything Bitcoin because it's highly likely they'll be a target for blame in the collapse of the USD that's coming.

Beavis (or Butthead?): "you said "hard"....hehehe."

Those who deny us will be swept by the "waves" of history, no doubt.
You can only fight what people actually want only for some time.
Who says?
"Prohibition"


Canada and maybe the USA is going back towards prohibition.

New medical recommendations  are any alcohol at all is bad. Canada officially asks that you have 2 or less drinks a week.

Yahoo had the article.

link

https://news.yahoo.com/biden-alcohol-czar-says-us-175106498.html?fr=sycsrp_catchall

Drinking alcohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

And I say this as someone who hardly touches the stuff. Just every so often.

Anything but tackle real problems like zombie drugs on the streets of Philadelphia eh Joe und Justin?
philipma1957
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September 01, 2023, 10:59:05 PM

Lets be real here. The SEC is going to fight hard not to approve anything Bitcoin because it's highly likely they'll be a target for blame in the collapse of the USD that's coming.

Beavis (or Butthead?): "you said "hard"....hehehe."

Those who deny us will be swept by the "waves" of history, no doubt.
You can only fight what people actually want only for some time.
Who says?
"Prohibition"


Canada and maybe the USA is going back towards prohibition.

New medical recommendations  are any alcohol at all is bad. Canada officially asks that you have 2 or less drinks a week.

Yahoo had the article.

link

https://news.yahoo.com/biden-alcohol-czar-says-us-175106498.html?fr=sycsrp_catchall

Drinking alchohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Just had some nice Japanese Whisky . fairly bombed on it. Nice stuff.

As long as alcohol lasts longer than me I am good.
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September 01, 2023, 11:00:49 PM

Lets be real here. The SEC is going to fight hard not to approve anything Bitcoin because it's highly likely they'll be a target for blame in the collapse of the USD that's coming.

Beavis (or Butthead?): "you said "hard"....hehehe."

Those who deny us will be swept by the "waves" of history, no doubt.
You can only fight what people actually want only for some time.
Who says?
"Prohibition"


Canada and maybe the USA is going back towards prohibition.

New medical recommendations  are any alcohol at all is bad. Canada officially asks that you have 2 or less drinks a week.

Yahoo had the article.

link

https://news.yahoo.com/biden-alcohol-czar-says-us-175106498.html?fr=sycsrp_catchall

Drinking alchohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Just had some nice Japanese Whisky . fairly bombed on it. Nice stuff.

As long as alcohol lasts longer than me I am good.

Never tried that but Sake is actually surprisingly nice.
philipma1957
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September 01, 2023, 11:04:15 PM

Lets be real here. The SEC is going to fight hard not to approve anything Bitcoin because it's highly likely they'll be a target for blame in the collapse of the USD that's coming.

Beavis (or Butthead?): "you said "hard"....hehehe."

Those who deny us will be swept by the "waves" of history, no doubt.
You can only fight what people actually want only for some time.
Who says?
"Prohibition"


Canada and maybe the USA is going back towards prohibition.

New medical recommendations  are any alcohol at all is bad. Canada officially asks that you have 2 or less drinks a week.

Yahoo had the article.

link

https://news.yahoo.com/biden-alcohol-czar-says-us-175106498.html?fr=sycsrp_catchall

Drinking alchohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Just had some nice Japanese Whisky . fairly bombed on it. Nice stuff.

As long as alcohol lasts longer than me I am good.

Never tried that but Sake is actually surprisingly nice.

this whisky is good.

https://www.caskers.com/hibiki-japanese-harmony-whisky/?
OgNasty
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September 01, 2023, 11:47:24 PM
Merited by El duderino_ (12), philipma1957 (3)



It’s a gift for those stacking BTC. My advice would be to grab as much BTC as you can between now and Halloween. I suspect by then the market will be sitting on a powder keg playing with matches. Those who sell now are going to be very happy in the short term and then very sad a year from now. Don’t be sad.
BobLawblaw
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September 02, 2023, 12:06:40 AM

Drinking alcohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Can'tada is not a real country, anyway
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September 02, 2023, 12:28:30 AM
Merited by JimboToronto (1), JayJuanGee (1)

Drinking alcohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Can'tada is not a real country, anyway

 Hey!  Don't make us come down there a set the Whithouse on fire again.
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September 02, 2023, 02:48:01 AM
Merited by JayJuanGee (1)

Drinking alcohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Can'tada is not a real country, anyway

Hey!  Don't make us come down there a set the Whithouse on fire again.

Fire on the way 'Dubai - United Arab Emirates' is a real country,

Now we will wait for the establishment of a Bitcoin-named country.
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September 02, 2023, 03:59:50 AM

Lets be real here. The SEC is going to fight hard not to approve anything Bitcoin because it's highly likely they'll be a target for blame in the collapse of the USD that's coming.

Beavis (or Butthead?): "you said "hard"....hehehe."

Those who deny us will be swept by the "waves" of history, no doubt.
You can only fight what people actually want only for some time.
Who says?
"Prohibition"


Canada and maybe the USA is going back towards prohibition.

New medical recommendations  are any alcohol at all is bad. Canada officially asks that you have 2 or less drinks a week.

Yahoo had the article.

link

https://news.yahoo.com/biden-alcohol-czar-says-us-175106498.html?fr=sycsrp_catchall

Drinking alchohol has been around longer than Canada and the Disunited States of America and I suspect it will outlive Canada and the Disunited States of America also.

Just had some nice Japanese Whisky . fairly bombed on it. Nice stuff.

As long as alcohol lasts longer than me I am good.

Never tried that but Sake is actually surprisingly nice.

this whisky is good.

https://www.caskers.com/hibiki-japanese-harmony-whisky/?

That's a very common (good) one in Japanese bars.

Many Japanese Whiskys I tried had very smooth flavor. However, most of them didn't have that super high feeling some Scottish brands like Bruichladdich have.

For a fairly low cost Japanese Whisky I really like Nikka From The Barrel. It's also surprisingly mild for the over 51%Vol.
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September 02, 2023, 04:04:11 AM
Last edit: September 02, 2023, 04:19:01 AM by Gachapin
Merited by El duderino_ (20), BobLawblaw (2), xhomerx10 (1), Hueristic (1), AlcoHoDL (1)





it's the time of the cycle I'm not interested in looking at the price anymore...

we had our low (hopefully) and we all know what's coming next (hopefully)
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September 02, 2023, 05:49:31 AM



it's the time of the cycle I'm not interested in looking at the price anymore...

we had our low (hopefully) and we all know what's coming next (hopefully definitely)

FTFY.
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