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

[OutOfMemory]

He sold at the absolute bottom, that's losing in my mind.

*added:

IIRC he was listening to masterluc that said price would dump to 1500 from 4k so he fell prey to his fear and didn't listen to us.

He did it rong.
But he seemed so confident to hodl, he should have known it would only make sense to buy more, if Luc would have been right and mindrust had truly listened to us.
It was the ultimate bottom, a textbook example for a cycle's final capitulation signal. I was waiting for this. Next morning, i read mindrust's confession in the WO.
If i'm not too wrong... that is how i remember it.

[lightfoot]

Pretty much. I mean it's been awhile since I've been on there and you kind of worry about people and hope they're ok.

Proudhon still on?

[Hueristic]

He sold at the absolute bottom, that's losing in my mind.

*added:

IIRC he was listening to masterluc that said price would dump to 1500 from 4k so he fell prey to his fear and didn't listen to us.

He did it rong.
But he seemed so confident to hodl, he should have known it would only make sense to buy more, if Luc would have been right and mindrust had truly listened to us.
It was the ultimate bottom, a textbook example for a cycle's final capitulation signal. I was waiting for this. Next morning, i read mindrust's confession in the WO.
If i'm not too wrong... that is how i remember it.

Also IIRC he also was a huge bull until then and it shocked us that he sold and we told him to buy back immediately but he stated that he had over extended himself in his acquisition and could not take the hit of another fall in price.

[Hueristic]

Pretty much. I mean it's been awhile since I've been on there and you kind of worry about people and hope they're ok.

Proudhon still on?

He posted a few days back stating we need to sell now!

Sweet sound as I recall.

I'm wondering how his bet with lfc went.

[lightfoot]

Same old Proudhon.

[lightfoot]

Worst AI ever.
In fact it continues to prove my point, that this is only machine learning / data gathering and matching, and totally not thinking for itself.

Hm. Never would have thought that AI's are nocoiners. Well they ain't going anywhere. :-)

[JayJuanGee]

This afternoon I have my annual performance review.

If I don't get a good raise, owning some BTC might make me do stupid things like quitting, at current prices...

Yes.. you might be getting to be like Kermit.

Observing 56,069@Stamp.

CCMF!

Where is chopper?

Thank you fillip! I was beginning to wonder what the fuck happened to the WO we used to know :-)

Apparently, this here train is the Z 57000



https://www.google.com/imgres?imgurl=https%3A%2F%2Fcdn2.picryl.com%2Fphoto%2F2019%2F08%2F03%2Ftrain-z-57000-transilien-r-gare-montargis-3-107ac2-1024.jpg&tbnid=uMcoH5-6Y9NtsM&vet=12ahUKEwip7euHvsyEAxWhA2IAHcSKCQYQMygBegQIARBT..i&imgrefurl=https%3A%2F%2Fpicryl.com%2Fmedia%2Ftrain-z-57000-transilien-r-gare-montargis-3-107ac2&docid=46tFjd80i93zzM&w=1024&h=683&q=train%20with%2057%2C000&ved=2ahUKEwip7euHvsyEAxWhA2IAHcSKCQYQMygBegQIARBT

Been a while since BTC has been behaving like this. Congratulations to everyone who has survived another bear market, held strong, and stood by your convictions despite economists, politicians, noble prize winners, talking heads, hell even friends and family telling you you're an idiot, bitcoin is worthless, and you will soon lose everything.

Everyone will think you are lucky. But the fortitude to stay the course when all around you are talking shit and trying to make you doubt yourself is not easy to come by. This is my 3rd bear market, I know the pain. And soon I will sell a small portion, pay off my house and investment property, and enjoy the fruits of my convictions. To everyone else here, I salute you. If you have made it, well done. If you have yet to make it, I believe in you, like you believe in bitcoin. We saw the future before anyone else, we did the work to understand it when it was easier to be a hater, and now once again, we link arms like brothers and observe price discovery, like some of us have done many times before, and all of you will do again.

Be careful about selling too many too soon Room101

If you have over accumulated, then no problem, otherwise, you might consider if you might want to manage how many coins you sell, and sure I am not against selling some of them, but I am against selling too many too soon and considering that the value of BTC is merely that you can get more fiat for them..

In other words, a lot of us have not spent time accumulating in BTC in order to convert all of them into lesser investments and/or consumption goods.

Two out of three pre halvenings we had a dip. Let’s see if it will be three out of four dips or 2 out of 4 no dump.

Sorry for your loss.

Waiting for down might not be a good place to be at this point, especially when we are in no man's land.

Am I saying that down cannot happen?  

No.

But counting on down seems a wee bit problematic while we are in bat country.

#justsaying

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

[Zeunerts]

we cant stop here! this is b-ATH country!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

someone brought up Mindrust, and I hope that person is OK mentally given the conditions.

This entire forum could be compiled into a prophetic text. For the Old Testament and literal word of the creator, we have early devs and Satoshi. Then our New Testament is full of pages, with many parables from this WO thread. The pages of AdamsBigBlock, the parable of the R0ach, the parable of Mindrust, etc.

Really, our belief system is to not trust, but verify. And collectively, we all want that sweet church tax-break.

I have lost as much as him just because of a emergency I needed funds for before the market spiked and I was never able to get it back.

Sometimes reality really hates me.

He knows he made a mistake listening to his favorite astrologer (which I actually warned about) and doesn't need us to rub it in.

Taking enjoyment out of others misfortune is a sign of a very low moral compass.

Moral of the story is to always try to keep savings in because honey badger don't give a shit!

 As I recall, he didn't lose anything.
I thought he just broke even and decided to get out with his $40k while (he figured) the gettin' was good?

yep. he got out at the same price he got in (almost)

Bitcoin just isn't for you, if you can't stomach paper losses in your first cycle...  

[d_eddie]

Shiver through the herd
The bulls are getting ready
Here comes the stampede







#haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I love the current pump but...not getting to exited.. because around $60k there will be a massive 20%-40% dump.

(Ore not, lol)

I have my doubts.

Maybe when we get to $96k, we might get a 15-25% dump (which would take us down to somewhere between $72k and $81k, but I am not sure about 40% dumps until perhaps once we get to $128k, then maybe a 40% dump might be in the cards, which would take us down to around $77k.

Remember that you have been prognosticating 40% or higher dumps since $34k (when you first proclaimed that "we" were frothy because we had already done around a $9k price increase (from $25k to $34k)) - so sooner or later you are bound to be correct about some kind of a meaningful dumpening.  Remember that we did get a 21% dump from $49k to $38.5k, and surely that should have had made you happy.. yet I haver my doubts about whether that was enough for uie-pooie.. just like we have not seen dragonvlinux in these here parts in recent times, when he seemed to have had not been sufficiently/adequately happy with our dump to $38.5k and he was prognosticating lower $30ks, whatever that might have had meant.. maybe he sold too many too soon and then stubborn in terms of waiting it out.. and that really is not looking in the current cards which surely could reduce the size of a guys stack.. even relatively smart guys who happen to be too smart for themselves to be fucking around with trading the most pristine asset known to man, so far.. .. but hey.. sometimes these trader guys are going to end up being correct. .and yet yeah, a 21% dip wasn't enough..

Anyhoooo , I just get the sense that king daddy wants to punish some of the guys who failed refused to sufficiently/adequately prepare their lil selfies for UPpity.... and failing/refusing to respect the power of a badger..  and yeah maybe you are not completely one of those guys, but your ongoing proclamations of BIG downity candles that are supposedly in the works.. even when we are in the midst of no man's land (aka bat country) causes me to speculate that you might have not be sufficiently/adequately prepared for UPpity.. which can be problematic with such a pristine asset like dee cornz.. also known as honey badger.

I love the current pump but...not getting to exited.. because around $60k there will be a massive 20%-40% dump.
(Ore not, lol)

I am loving this pump too. it is crazy man.    but sadly I don't have any Bitcoins. lol. hopefully you are right about 20%-40% dump. and hopefully i'll have a chance to buy by then.

Don't hold your breath.

It is probably better to buy some so that you are prepared for UP rather than preparing ur lil selfie for DOWNity that may or may not end up happening.

[bitserve]

someone brought up Mindrust, and I hope that person is OK mentally given the conditions.

This entire forum could be compiled into a prophetic text. For the Old Testament and literal word of the creator, we have early devs and Satoshi. Then our New Testament is full of pages, with many parables from this WO thread. The pages of AdamsBigBlock, the parable of the R0ach, the parable of Mindrust, etc.

Really, our belief system is to not trust, but verify. And collectively, we all want that sweet church tax-break.

I have lost as much as him just because of a emergency I needed funds for before the market spiked and I was never able to get it back.

Sometimes reality really hates me.

He knows he made a mistake listening to his favorite astrologer (which I actually warned about) and doesn't need us to rub it in.

Taking enjoyment out of others misfortune is a sign of a very low moral compass.

Moral of the story is to always try to keep savings in because honey badger don't give a shit!

 As I recall, he didn't lose anything.
I thought he just broke even and decided to get out with his $40k while (he figured) the gettin' was good?

yep. he got out at the same price he got in (almost)

Bitcoin just isn't for you, if you can't stomach paper losses in your first cycle...  

In fact it was the price approaching his average buy price what apparently broke him. Even if he just hours before he was in the mood of shouting sorta like "bring more dump to me so that I can buy moar".... Even if he had just reached his personal record and long time awaited 10 BTC round figure... But somehow he was suddenly broken by the price going under his average price... something that, I think, he never experienced before. Also he suddenly felt that all the money he had put into his "buying" was much more than he could afford to lose. Say overinvested if you want... whatever you name it... it was the perfect storm... for him. He broke.

He sold, on the way down, somewhere around 4.5K and 4K.... the lowest spike went to around 3.8K IIRC. So, yeah, almost at the lowest point of the dump. He even had a couple days to rebuy at more or less the price he had sold it all. He decided not to even if some people here tried really hard to make him reconsider his position when he could still undo it at more or less the same price he sold.

I sometimes wonder if I could have done anything to make him not make that "mistake" (easy to say afterwards but it was a really ugly night) when he was basically announcing what he was about to do in "real time" but.... First of all I couldn't believe he was serious in his "going FULL out" (Had to ask him twice if he really mean it), second it was a very ugly moment and no one could be sure how low it could dump and third, I think I was very vocal that while he was selling I was buying with all my leftovers on exchanges with the intention of riding the dump to whatever price it would take.

Anyways, time later he seemed ok with his decision and was doing forex (USD) trades and supossedly doing reasonably good on it. So, even if it probably wasn't as much profitable as Bitcoin has been afterwards... I hope he did "good enough" and is enjoying a good life.

And I better stop here because... while ending this post... somehow it also came to my mind the names of BlindMayorBitcorn, VB1001.... and several other GOOD MEN that were left behind (AFAIK) along this long road.

P.S.: And, btw, it was NOT his first cycle... but his second one... In the first one he ALSO sold it all to buy some stuff he wanted (an Ipad among other things) and he was always saying this time he wasn't gonna make the same mistake. He did. I guess some lesson can be extracted by this sad story and at least something positive learned from it.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

57k$ Celebrations. Can anyone guess name of this dish?

To the moon.

goat meat in tomato sauce?

Ohh common I just saw a chicken lap

You meant "lip", right?  Chicken lip.  Yeah I see it too.

Chicken lips.



Gross.

Speaking of which, how is MindRust holding up? Anyone need to check in on him?

He is still active on the forum, but he avoids us - including but not limited to avoiding this thread.  He also does not talk about  his incident and/or the likely main reason for his claim to fame in the forum.

someone brought up Mindrust, and I hope that person is OK mentally given the conditions.

This entire forum could be compiled into a prophetic text. For the Old Testament and literal word of the creator, we have early devs and Satoshi. Then our New Testament is full of pages, with many parables from this WO thread. The pages of AdamsBigBlock, the parable of the R0ach, the parable of Mindrust, etc.

Really, our belief system is to not trust, but verify. And collectively, we all want that sweet church tax-break.

I have lost as much as him just because of a emergency I needed funds for before the market spiked and I was never able to get it back.

Sometimes reality really hates me.

He knows he made a mistake listening to his favorite astrologer (which I actually warned about) and doesn't need us to rub it in.

Taking enjoyment out of others misfortune is a sign of a very low moral compass.

Moral of the story is to always try to keep savings in because honey badger don't give a shit!

You might have lost as much, but I doubt that your situation was as epic as his, and if you would like to share some of your pain and torment "we" (perhaps royal?) are all ears.

Pray tell.. start from the beginning or from whichever part is pertinent to your story of likeness.

[edited out]

As I recall, he didn't lose anything.
I thought he just broke even and decided to get out with his $40k while (he figured) the gettin' was good?

You deserve a bat slappening for that.

#just saying

58K in one hour

I think our bull is a little weak at the moment,it's probably taking a nap

Price never goes straight up, even when it is actually going straight up.

protip.. this is what winning feels like

someone brought up Mindrust, and I hope that person is OK mentally given the conditions.

This entire forum could be compiled into a prophetic text. For the Old Testament and literal word of the creator, we have early devs and Satoshi. Then our New Testament is full of pages, with many parables from this WO thread. The pages of AdamsBigBlock, the parable of the R0ach, the parable of Mindrust, etc.

Really, our belief system is to not trust, but verify. And collectively, we all want that sweet church tax-break.

A cryptoevangelist (criptoevangelista ) is also needed. I'm trying to educate my family, the basis of change for a better world begins within the home.

Hopefully, for starters.. and the basics.. in the home and/or otherwise, you know the difference between bitcoin and shitcoins..

[Gachapin]

finally a new poll

[xhomerx10]

~snip

[edited out]

As I recall, he didn't lose anything.
I thought he just broke even and decided to get out with his $40k while (he figured) the gettin' was good?

You deserve a bat slappening for that.

#just saying

 Wait... why?  It went down exactly as I said; it's been corroborated by bitserve and Gachapin.   Wait is it something subtle like "dignity", "face", "focus"... that he lost?