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

[Hueristic]

How to turn a beginning green candle into red...

I was bored.

[ChartBuddy]

Explanation
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[d_eddie]

How to turn a beginning green candle into red...

I was bored.

Colorful yo-yos
Trinkets or crossword puzzles
But do not poke her






#haiku

[Hueristic]

How to turn a beginning green candle into red...

I was bored.

Colorful yo-yos
Trinkets or crossword puzzles
But do not poke her
#haiku

[ChartBuddy]

Explanation
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[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[El Donado]

TRUMP on fireBTC

[ChartBuddy]

Explanation
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[JayJuanGee]

If someone doesn't know the whole story of M. Saylor and MSTR:
https://www.wsj.com/finance/currencies/michael-saylor-microstrategy-founder-bitcoin-64afda39
no paywall appeared for me, again, but your setup might be different.

Quite a story...I worry a little about his health...in the latest interview with Tai Lopez (https://www.youtube.com/watch?v=Q67pFw9P1cg), he appeared a bit pale and was often grasping for air.

I think it is tough to be such a focal "point man".

You are talking about Saylor being short of breath, and I did not really notice that.

Are we there yet ?

You have been here about a year longer than me, so I would imagine that "we" should be there, already... ..



..... which is in a state of largely managing what we have and fancy ourselves to have had front run states, financial institutions and status quo rich folks who seem to currently be figuring out various ways to be pumping "our" bags.

[Biodom]

If someone doesn't know the whole story of M. Saylor and MSTR:
https://www.wsj.com/finance/currencies/michael-saylor-microstrategy-founder-bitcoin-64afda39
no paywall appeared for me, again, but your setup might be different.

Quite a story...I worry a little about his health...in the latest interview with Tai Lopez (https://www.youtube.com/watch?v=Q67pFw9P1cg), he appeared a bit pale and was often grasping for air.

I think it is tough to be such a focal "point man".

You are talking about Saylor being short of breath, and I did not really notice that.

Like at 12:05, 14:30, 17:04...etc (Lopez's vid)
You'll have to watch at a normal speed, not 2x or 3X 
That said, maybe it is his habit, that's all.

[ChartBuddy]

Explanation
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[JayJuanGee]

If someone doesn't know the whole story of M. Saylor and MSTR:
https://www.wsj.com/finance/currencies/michael-saylor-microstrategy-founder-bitcoin-64afda39
no paywall appeared for me, again, but your setup might be different.
Quite a story...I worry a little about his health...in the latest interview with Tai Lopez (https://www.youtube.com/watch?v=Q67pFw9P1cg), he appeared a bit pale and was often grasping for air.

I think it is tough to be such a focal "point man".

You are talking about Saylor being short of breath, and I did not really notice that.

Like at 12:05, 14:30, 17:04...etc (Lopez's vid)
You'll have to watch at a normal speed, not 2x or 3X  
That said, maybe it is his habit, that's all.

I think that he does have a habit of huffing and puffing, so I would not know if there is some kind of unhealthiness to his present state of purported paleness.. .

I saw so much Saylor that I have to watch him at around 1.5x to 2x, and my youtube does not go faster than 2x.. so I think that I was watching around 2x.. .  

By the way, I just thought about his statement that bitcoin cannot be seen (or appreciated) unless you are a motivated person.. or a person in need of bitcoin, which holy fucking shit, that is so true that I probably would not have ever seen bitcoin if I had not been in a position in late 2013 in which I was moving away from my 401k, and so I was specifically in a place to be looking for something to supplement my earlier 401k, and since my 401k seemed to have had been such a great deal, I probably would have been blind to bitcoin if I had not found myself in that exact position of actually looking for some kind of a 401k substitute (or really a supplement since I did not get rid of my already existing 401k, I was ONLY no longer going to be actively contributing to it starting in early 2014)..

So I was kind of in a decently good financial and psychological position with decent amount of money that I had available going into early 2014 and then even most of 2014.. and that I wanted to invest and something to supplement my 401k and even my thinking that I wanted something that would be a hedge against the dollar (and that was my then thinking at that particular time, whether it was a justified kind of thinking or not, that kind of thinking caused bitcoin to resonate with me and my then circumstances).  .. ..kind of like, being in the right place at the right time.. .. even though a  "more right time" in regards to bitcoin's price would have been earlier (like 2012 or even earlier rather than later in 2013), but beggars cannot be choosers.. and in  2012 and even most of 2013, likely I was not even in a financial or mental position to get bitcoin (or to see it).

[ChartBuddy]

Explanation
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[WatChe]

A post from theymos from 2022 that tells why it's important to keep your Bitcoin in your own wallet not in exchange.

When you log into an exchange, yield platform, or other site, and it says that you have a balance of "1 BTC" or "1 USD", this does not actually mean that you have 1 BTC or 1 USD. Rather, it means that the company showing you this balance owes you that money. In other words, you've given a loan to the company. Maybe the company will pay you back, but history is littered with defunct companies which accepted deposits and were widely trusted for years, but which ended up not paying back their depositors in the end.

To the greatest extent possible, you should always avoid keeping BTC (or anything else) in online accounts. This is especially important right now because a very large exchange went bankrupt recently; this has already caused a contagion effect which has taken down other companies which accept deposits, and this contagion may continue to spread and affect more companies.

Ideally, you should keep as large a percentage as possible of your crypto assets in a wallet where only you control the private keys. Electrum for Android or desktops is one good option. For iOS, there's BlueWallet. If you have a large variety of different crypto assets that you need to store, there's Unstoppable wallet. If you have never used your own trustless wallet before, using a mobile app is probably safer than using a desktop app. An even safer option, which you should definitely consider if you have a lot of crypto assets, is to use a hardware wallet such as Trezor.

Also, note that many altcoins, tokens, and DeFi projects are either fundamentally centralized and therefore about as risky as online wallets, or they are still potentially vulnerable to the recent wave of insolvencies due to the way that they're designed.

[ChartBuddy]

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[ChartBuddy]

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[cygan]