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

[Richy_T]

I can only count on one hand, the amount of people who listened to me over the years and hodl.

Maybe it is because I am a shit salesman, but I'd gave it my best!

One truth in life is that people hear what they want to hear. I offered to sell a friend BTC and he immediately used it to buy one of the shittiest of shitcoins that someone else had told him he'd 'get rich quick' with.

I also learned back in the days when it was common to pass a little around just for fun not to have people install a wallet on their phone and trust that they'd hear when you told them to make sure they backed it up. I'm sure my experience was not uncommon.

[Negotiation]

When I think back and the whole journey since I’m a bitcoiner …

Many know my story but when my friend showed me BTC and told me to buy/keep/hodl it.
I knew he would explain me everything a long the way.
But at the very beginning he said you just buy BTC and you hodl it everything in between is noise that you just ignore.
I think that’s the best advice for almost everybody.

Source.

DuD @El duderino is already bitcoiner good luck man.

but it is my dream...!

[rdbase]

GTA 6. Not until 2025.  WTF?!
Hopefully BTC is over $200,000 by then.

200k btc would give you plenty of time to game me thinks

I hope to see some missions about BTC and some guys mining BTC that you have to support. Or also you having a mining BTC business in the game.

Sure does feel like the sky is the limit right now doesn't it? Shooting through $42k all the way up to $44.3k yesterday like a weapon in old GTA.
Think the hacking group who released the trailer got people to buy more BTC and got the real message at the end of it!

https://bitcointalk.org/index.php?topic=5347904.msg63278182#msg63278182

Some interest geared towards the video game community when it came after a wait of over 10 years with the most grueling anticipation ever for a release in the history of the industry.
You know it was Grand Theft Auto VI having over 86 million views after only 21 hours of it being released but a hacking group put it up on the platform X 15 hours before it was going to be officially released.

They even included a jovial message at the end of the trailer across the game logo:

https://bitcoinist.com/gta-vi-trailer-leaked-early-giant-buy-btc-caption



https://www.bitcoininsider.org/article/234974/gta-vi-trailer-leaked-early-giant-buy-btc-caption

There will certainly be something tied into cryptocurrency within the game.
Whether that be for NFTs, WEB3 form or a payment system for playing or even missions involving bitcoin within the game itself.

An entire year to wait for finding out what they have instore for their fanbase!

Probably closer to 2 years... They will likely release it in the 3rd or 4th quarter of 2025.
GTA - Nov 1997
GTA II - Sept 1999
GTA III - Oct 2001
GTA IV - Apr 2008
GTA V - Sept 2013
I do remember seeing someone playing the first GTA on a computer in college and thought it was hilarious... Carjacking cops? Running over pedestrians & getting points for it? Finally you could be the bad guy in a video game, and it was funny as fuck.

Life is a series of Grand Theft Autos.

Every review of the trailer video I had watched thus far are stating it will be a Q1 release due to the fiscal year numbers they would need to do before those quarters if they want to cash in bigger before that years holiday buying season (offering discounts for black friday/christmas/boxing day sales) where they would take in even more in profits to report before 2025 ends.
With this year already nearly ending there is a year left until that 2025 year release date then a few months into that year til it drops on the masses.

There is this video I had watched yesterday on the hacking attack which brought all those leaks back in August of this year.
It was done by a 17 year old hacker who used an amazon firestick to get into the companies database to get their files and blackmail the company before this trailer was released:
Grand Theft Auto VI's $2,000,000,000 Scandal
https://www.youtube.com/watch?v=qS_4O7SFkFA

Very interesting watch which shows you how Teapotuberhacker did it with infiltrating their Slack channel all while being under surveillance by the UK authorities from a previous cybercrime he committed within a hacking group of teens who hacked into Sony, Apple and other companies.

[100bitcoin]

Explanation
100bit.co.in thanks TalkImg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[True Myth]

When I think back and the whole journey since I’m a bitcoiner …

Many know my story but when my friend showed me BTC and told me to buy/keep/hodl it.
I knew he would explain me everything a long the way.
But at the very beginning he said you just buy BTC and you hodl it everything in between is noise that you just ignore.
I think that’s the best advice for almost everybody.

Life changing, that's for sure!..

I can only count on one hand, the amount of people who listened to me over the years and hodl.

Maybe it is because I am a shit salesman, but I'd gave it my best!

I concur, filtering the noise is one basic psychological strength to hodl for long.

At this epoch as an internet savvy person and,
 you don't own bitcoin still questioning it's a risk,
hey bro, the risk is all damn on that person not owning BTC

I think the hardest part for newcomers is the first bull run followed by a hefty correction.  It's hard to deal with the "I'm a genius" followed by the "shit I fucked up" roller coaster of emotions.  Many of those newcomers sell and call it a loss.  Some of the newcomers tough it out and live to see the next bull run with newfound confidence in the bitcorn.

At least, this is my personal expierence. That first bear market after I started buying was rough but, I persisted and had faith in what BTC stands for.  All of the other bear markets after that had zero effect on me.  In fact when ever I saw BTC vs USD declining my biggest stressor was not having as much dry powder as I wanted to stack sats at a discount.

I only have a few friends and colleagues that understand Bitcoin.  The others I've spoken to still have no clue and make comments like "You still have that Bitcoin? I heard it went down pretty bad" or "I heard it's going up again".  Many of these folks are ones who bought 7 or 8 years ago, panic sold, never looked back.  I honestly don't even try to talk to new people about it anymore because I've come to realize not everyone will understand and not everyone is cut out for short term emotional roller coasters.

Observing 1BTC = 1BTC

[Out of mind]

Michael Saylor walking into Microstrategy up $2 billion on his #BitcoinBTC investment:  

[JayJuanGee]

Ha!  "gobble-dee-goos of cash"  Thanks for the chuckle @JJG 

Call me names if you like.. but I am no Saylor, and I don't mind having gobble-dee-goos of cash.. even though it is just sitting there not really doing much of anything..

Oh gosh that was quite a rambling post (what else is new?).

I had to go back to remember what it was that I wrote.

I am glad that you were able to get something out of it.   

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[goldkingcoiner]

DCA is a shit strategy if you forget to buy. I missed out on the last 5%. :/

[JayJuanGee]

DCA is a shit strategy if you forget to buy. I missed out on the last 5%. :/

Any BTC accumulation strategy is a shit strategy if you forget to buy.  Maybe you need some kind of a slappening to remind ur lil selfie?  just asking.

DCA had worked pretty well in the last year and a half or so, especially for anyone who might not have had any lump sum to invest or if they were somewhat worried about whether the BTC price would have been going up or down.  Even if we go out as far as two years ago, which would have been starting to invest into bitcoin right around the peak..

If you had invested $100 per week in the last two years, you would have invested around $10,500, and you would have had accumulated around 0.4315 (which would be worth around $19k at today's $44k prices).

Yeah, sure lump summing would have had been better, especially on the extensive dip below $20k.. but there were not too many with confidence to buy bitcoin in those days, and even the bitcoiner's who had confidence in BTC likely had ended up spending a lot of their fiat to buy BTC at prices much higher than $25k... ..

so many of the bitcoiners who believed in bitcoin in the last couple of years might have even ended up relegated to some variation of DCA.. and yeah at the same time, you have to likely continue to do it, rather than getting skittish upon the 2022 dip below $25k and the fact that we spent a lot of time below $25k and even spent more than 18 months below $35k... so DCA could have ended up working out pretty well for those guys who consistently bought BTC in the last two years and maybe even more so if they were able to be more aggressive during periods that the BTC price was below the 200-week moving average.. which was quite a bit of that time... even right before this latest bounce we were right around 10% below the 200-week moving average when we pretty much bounced from $27k to our current $44k price in right around 6 weeks... gotta love the punishment of so many of the nocoiners, low coiners, fence sitters, shitcoin pumpeners, bears, bitcoin shorters and bitcoin naysayers.

[jojo69]

DCA is a shit strategy if you forget to buy.

[goldkingcoiner]

DCA is a shit strategy if you forget to buy. I missed out on the last 5%. :/

If you had invested $100 per week in the last two years, you would have invested around $10,500, and you would have had accumulated around 0.4315 (which would be worth around $19k at today's $44k prices).

Yeah, sure lump summing would have had been better, especially on the extensive dip below $20k..

2 years ago on this day the BTC price was >50k. A lump summer would still not be in the black by now. Maybe sometime in the coming days/weeks.  

A DCA'er would have almost doubled his coin.

Since we can never know when a dip is coming in the long-term future, neither DCA nor lump sum should be viewed from a perspective of investing at the lowest price of a dip. And before anyone mentions it: the perspective of having invested in Bitcoin during its "unicorn" days is not realistic either.

Both are profitable strategies. But combining DCA with short-term price predictions based on TA/FA is best, in my view.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

DCA is a shit strategy if you forget to buy. I missed out on the last 5%. :/

It's not DCA if its a manual input, imo.
I've been DCAing since 2013, all done in the background, automatically.
The only time I occasionally intervene is to adjust a parameter. (amount, frequency etc.)

...
Oh gosh that was quite a rambling post (what else is new?).
......

Why am I not surprised?

...
I had to go back to remember what it was that I wrote.
......

Why am I not surprised?

 

[vroom]

Explanation
Chartbuddy thanks talkimg.com

finally a wall worth to observe! looks massive!

[AlcoHoDL]

Explanation
Chartbuddy thanks talkimg.com

finally a wall worth to observe! looks massive!

You will watch with awe how it's going to be sliced like butter when we break $50k next week.

[OutOfMemory]

DCA is a shit strategy if you forget to buy. I missed out on the last 5%. :/

The broker of my choice is offering recurring buys starting from $50. It's KYC-ed, though.
On the other hand, only buys/sells of more than $1000 are reported to the authorities.

Explanation
Chartbuddy thanks talkimg.com

finally a wall worth to observe! looks massive!

You will watch with awe how it's going to be sliced like butter when we break $50k next week.

The Mar'22 bull-trap's top, i was already waiting for that wall to appear.

[Torque]

Many here celebrate seeing btc going up, because their holdings are growing in value.

Some of us celebrate seeing btc going up, because we have to sell less and less of it to live.