Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11483. (Read 26725184 times)

legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
As the new head of Bitcoin marketing, I invested in a stamp. And a whole bunch of $2 bills...






Is it available on Zazzle?
Yes yes just got mine £20 with shipping. I will be stamping all over her majesty's face
My one will stamp yellow

Apologies to gentlemand
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Bitcoin protects against bankruptcy, mainly when your entire nation goes bankrupt.

Getting in to bitcoin isn't the problem.
Getting out of your bank account is.

People in countries suffering from hyperinflation have learned this the hard way:

Zimbabwe
Venezuela
Turkey
Iran

https://twitter.com/alecziupsnys/status/1100065680454533120?s=21

You missed out Cyprus. People lost fortunes when its banks went bankrupt.



The most of circulating assets on our business Current Account are blocked.
Over 700k of expropriated money will be used to repay country's debt. Probably we will get back about 20% of this amount in 6-7 years.

I'm not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.

...


The original poster missed Cyprus Roll Eyes but thx for adding it Wink
legendary
Activity: 2772
Merit: 2846
Bitcoin protects against bankruptcy, mainly when your entire nation goes bankrupt.

Getting in to bitcoin isn't the problem.
Getting out of your bank account is.

People in countries suffering from hyperinflation have learned this the hard way:

Zimbabwe
Venezuela
Turkey
Iran

https://twitter.com/alecziupsnys/status/1100065680454533120?s=21

You missed out Cyprus. People lost fortunes when its banks went bankrupt.



The most of circulating assets on our business Current Account are blocked.
Over 700k of expropriated money will be used to repay country's debt. Probably we will get back about 20% of this amount in 6-7 years.

I'm not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.

...

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
But to be honest, we have had a great growth since the very next day after my "capitulation" post so I don't see any reason to uncapitulate yet. Plus we are not really out of the woods. Bear market is probably not dead yet no matter if we already saw the bottom or not (which I really don't know for sure).

I am starting to get the feeling that you, bitserve, are trolling us with your capitulation status, for effect.



My "capitulation" post was truly honest and a fair representation of what I was feeling at the time. Of course, even then, I was hoping to be wrong (in fact I state exactly that in the post). After that, we have had some "fresh air" in the form of a nice price growth but, even if sometimes my level of hope raises, I still fear the worst and know there's no reason to think we are out of the bear market. Yesterday events prove my fears are not unjustified.

Of course any of us who went through the bear market of 2014/15 and/or the downward price movements of 2018 feel a level of shell shock - but there is also some degree of normalcy in UP and DOWN price moves, including yesterday's.  In other words, we are not likely to go up until there is a considerable amount of back and forth in the price... And, I agree that we are no where close to being out of the bear market... give me supra $5k and I might begin to feel some confidence and give me supra $6k and my confidence goes even higher.

So no, I am not trolling, even if I am being INTENTIONALLY cautious in trying not to be carried out by the joy (FOMO?) when a pump comes. As I said, we are absolutely NOT out of the woods, so my "capitulation" status will remain until further notice.

Let's be clear (again) that I am HODLING. As always since when I started in 2013 (with small amounts back then, unfortunately).

No buying plans?  sub - $2,500 perhaps?

Currently, my buy orders are resuming in the sub $3,700 arena... after a bit of a hiatus due to personal cashflow issues... but feeling prepared for DOWN... even though UP is so much more preferable... but reality of several months seems reasonable.

By the way, there is so much feeling of DOWN out there that it could be the opposite and merely BIG players accumulating shitloads of the weak hands here... Any weak hands even left?  Perhaps the bearwhales have to dump another 20k coins in order to find out if there are any more weak hands remaining to purge?


Let's also make very clear that I have never been a bear market buyer, so DYOR/YMMV. Neither a FOMO'er (except when an ATH has JUST broken). I buy when I sense a bear market is over and stop doing it (with "fresh" deposits) when I think things are getting (way) out of hand. The rest of the time I just let it run as a happy hodler... besides some volatility scalping here and there.

So, hypothetically, if the bottom is already "in" at $3120-ish, then you may end up buying on the way up?  or maybe 6-9 months later if BTC prices are still in the sub $5k arena?

P.S.: I have updated my profile to make it more clear. I have finally found an use for that feature lol

Ok.. that notice should be helpful to figure out if or when you are out of capitulation status.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o


Buffet gonna love it say shit because he does not know how to use tech.
Why people are running after an old school dumb ass?
member
Activity: 294
Merit: 53
full member
Activity: 504
Merit: 137
Nope.
https://youtu.be/b9De3wdL_OY
UCLA Students Support Concentration Camps for Trump Supporters

Equality: send other humans to camps involuntarily

Hippies don't have shaved legs.  Grin
legendary
Activity: 1652
Merit: 4393
Be a bank
https://youtu.be/b9De3wdL_OY
UCLA Students Support Concentration Camps for Trump Supporters
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Bitcoin protects against bankruptcy, mainly when your entire nation goes bankrupt.

Getting in to bitcoin isn't the problem.
Getting out of your bank account is.

People in countries suffering from hyperinflation have learned this the hard way:

Zimbabwe
Venezuela
Turkey
Iran

https://twitter.com/alecziupsnys/status/1100065680454533120?s=21
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
legendary
Activity: 2520
Merit: 3038
Surely we can see with some degree of accurateness word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup and other datas on the interwebs which back up these rumorifications

JJ, did you stake a BTC address?
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)

Reminds me of my favorite line from Waterworld.

Deacon: There used to be atolls on every horizon. Where the hell are they all gone?
Assistant: Well, we sank them.

legendary
Activity: 3431
Merit: 1233
Jihan Wu is leaving Bitmain, starting a new company 🤯🤯🤯 multiple non-official sources said so ...

Jihady Wu did what he can to cripple bitcoin. Time for new actors and new ideas to frustrate users. Bitcoin is amazing animal, survived even when the biggest mining pool tried their best to destroy it.
Jump to: