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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.1%)
7/28 - 11 (11.8%)
8/4 - 16 (17.2%)
8/11 - 7 (7.5%)
8/18 - 5 (5.4%)
8/25 - 7 (7.5%)
After August - 46 (49.5%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26439044 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.)
Paashaas
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June 28, 2024, 08:13:53 PM

I've never been so bearish as now.

Fck thos bull cunts on X.

Gox + German goverment will be atleast 50.000 to 100.000 coins to be dumped.

Who knows if the U.S goverment ore  another entity will be selling thousands of coins.

$50.000? $40.000?

criptoevangelista
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In ₿ we trust


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June 28, 2024, 08:18:40 PM
Merited by JayJuanGee (1), OutOfMemory (1)

I've never been so bearish as now.

Fck thos bull cunts on X.

Gox + German goverment will be atleast 50.000 to 100.000 coins to be dumped.

Who knows if the U.S goverment ore  another entity will be selling thousands of coins.

$50.000? $40.000?



A possible bottom can always be deeper... I wouldn't like to believe it will depreciate further... but I believe the deepest bottom is at 45-40k. If it falls below that...unfortunately I will be forced to sell my personal items to buy more
OutOfMemory
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June 28, 2024, 08:23:20 PM

I've never been so bearish as now.

Fck thos bull cunts on X.

Gox + German goverment will be atleast 50.000 to 100.000 coins to be dumped.

Who knows if the U.S goverment ore  another entity will be selling thousands of coins.

$50.000? $40.000?


There should be plenty of buy orders left from buyers that had bet on "number go down" earlier in this bullrun. And even if BTC will go into $40k territory, there will be spot ETF buyers collecting the sold coins pretty quickly. We're still early, and getting lower than $50k would not be the worst for BTC in the medium term, with the 2025 ATH in mind.
We've all seen Bitcoin doing crazy things, so why not?

EDIT: I would not mind -40% from ATH that much, personally.

Gachapin
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June 28, 2024, 08:38:21 PM
Last edit: June 28, 2024, 08:55:01 PM by Gachapin
Merited by JayJuanGee (1)

I've never been so bearish as now.

Fck thos bull cunts on X.

Gox + German goverment will be atleast 50.000 to 100.000 coins to be dumped.

Who knows if the U.S goverment ore  another entity will be selling thousands of coins.

$50.000? $40.000?



I will prepare my guts for 40k-50k as well. Not that I'm gonna trade, but loosing a third of ones paper net worth is not really fun.


However, I find it difficult to estimate the sales of actual gox coins, since the receiving creditors chose coins over fiat. So I think many will probably keep the coins they went for... at least for now.

The bear traders however... I think they will dump like there is no tomorrow...

I remember some WOers saying gox will be a nothingburger.  Well... it hasn't been so far.. but hope dies last...


If we go by the "most pain theory" BTC could also surprise everyone and do a megapump after the distribution... yeah hope dies last... Cheesy
ChartBuddy
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June 28, 2024, 09:01:17 PM


Explanation
Chartbuddy thanks talkimg.com
Biodom
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June 28, 2024, 09:04:57 PM
Last edit: June 28, 2024, 10:30:21 PM by Biodom
Merited by El duderino_ (10), philipma1957 (1), JimboToronto (1), JayJuanGee (1)


$50.000? $40.000?



Do it!
...become another mindtrust

I've never been so bearish as now.


Really? More bearish than in January 2015 or December 2022?
ChartBuddy
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June 28, 2024, 10:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
Gachapin
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June 28, 2024, 10:02:56 PM
Last edit: June 28, 2024, 10:33:39 PM by Gachapin


$50.000? $40.000?



Do it!
...become another mindtrust


I had the same thought a few days ago while reading Paashaas' posts.

But to be fair, afair mindtrust cracked after an 80% drop from the ATH. That would be around 14k today.
vapourminer
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what is this "brake pedal" you speak of?


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June 28, 2024, 10:46:58 PM
Merited by JayJuanGee (1)

I've never been so bearish as now.

Gox + German goverment will be atleast 50.000 to 100.000 coins to be dumped.

Who knows if the U.S goverment ore  another entity will be selling thousands of coins.

meh.

there will always will entities that can dump huge amount of coins. always has.
philipma1957
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June 28, 2024, 10:57:49 PM
Merited by d_eddie (1)

I've never been so bearish as now.

Gox + German goverment will be atleast 50.000 to 100.000 coins to be dumped.

Who knows if the U.S goverment ore  another entity will be selling thousands of coins.

meh.

there will always will entities that can dump huge amount of coins. always has.

Denmark is passing a no private wallet law. Going to hurt btc and the like.
ChartBuddy
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June 28, 2024, 11:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
d5000
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June 28, 2024, 11:25:06 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), d_eddie (1)

Denmark is passing a no private wallet law. Going to hurt btc and the like.
Not really:

https://www.dfsa.dk/Media/638549094736906876/PrinciplesCryptoAssetsPDF_250624.pdf

This is the proposal linked in an article describing this regulation (it's an interpretation of MiCa). Having read it superficially, it affects some DeFi services which are marketed as "decentralized" but where a centralized entity has control over funds/transactions via a smart contract. Can also affect some commercial wallet providers but not fully self-custodied wallets, afaik.
ChartBuddy
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June 29, 2024, 12:01:18 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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June 29, 2024, 01:01:15 AM


Explanation
Chartbuddy thanks talkimg.com
goldkingcoiner
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June 29, 2024, 01:45:29 AM
Merited by JayJuanGee (1)

Denmark is passing a no private wallet law. Going to hurt btc and the like.
Not really:

https://www.dfsa.dk/Media/638549094736906876/PrinciplesCryptoAssetsPDF_250624.pdf

This is the proposal linked in an article describing this regulation (it's an interpretation of MiCa). Having read it superficially, it affects some DeFi services which are marketed as "decentralized" but where a centralized entity has control over funds/transactions via a smart contract. Can also affect some commercial wallet providers but not fully self-custodied wallets, afaik.

So they are just going to screw over CEXes and other centralized services and push us more towards developing untouchable decentralized services? I see this as a win.
philipma1957
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June 29, 2024, 01:54:03 AM
Merited by El duderino_ (5), JayJuanGee (1)

R.i.p. Martin Mull
ChartBuddy
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June 29, 2024, 02:01:14 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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June 29, 2024, 03:01:18 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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June 29, 2024, 04:01:15 AM


Explanation
Chartbuddy thanks talkimg.com
AlcoHoDL
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June 29, 2024, 04:41:58 AM
Merited by vapourminer (1)


$50.000? $40.000?


Do it!
...become another mindtrust

[...]

FTFY.

No trust...just rust. Bob has developed an implement for such cases.
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