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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4768. (Read 26710335 times)

sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !


Antinomianism has consequences... but I found it very cool !

..........................

Just passing by to say I was wrong ! the goal isn't the guide stone agenda / depopulation or nwo / owo, that's only a way to generate suffering / pain, like FIATs.

HF and be beautiful, inside out Smiley.

use dexes don't be cex slaves Smiley.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
bitcoin.org back online

That's what she said.

Just for shitz and giggles, I asked a long time co-worker
“Hey, Joe, if I tried to explain bitcoin to you, would you consider me a lunatic?
He just chuckled and replied “ never mind bitcoin, I’ve always considered you a lunatic….”

Well that does not help us (royal, of course) in any kind of meaningful way (It's like a fart joke, for sure).

* BobLawblaw sighs

Damn you bastards for getting me back into Lightning again.

Thinking of throwing yet more coin in and building out the node out to properly and respectably rep this fruity thread... In the top 500 for capacity already  Cheesy

This Umbrel stuff is kinda neato.

https://1ml.com/node/03746b93e0b94463624bb28eafa38f3d71b4c80df61a0f10c6340b54f56675487c

I am all for it.  My approach is a little more conservative lol.  But I agree!

Since when has Bawb made an announcement about anything in this thread or otherwise in a way that was anything other than "flaming"?  #askingforafriend


I found the Sigh sound aplication on Android playstore

Link or it did not happen.
legendary
Activity: 3388
Merit: 3514
born once atheist
Just for shitz and giggles, I asked a long time co-worker
“Hey, Joe, if I tried to explain bitcoin to you, would you consider me a lunatic?
He just chuckled and replied “ never mind bitcoin, I’ve always considered you a lunatic….”
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Seems bitcoin.org has been hacked

https://twitter.com/vxunderground/status/1440875093593231360?s=09

uBlock Origin stopped the popup on my PC but when I gave permission it definitely came up so can confirm it's there
Update, bitcoin.org has been shut down now. The DNS Cloudflare was hacked https://twitter.com/CobraBitcoin/status/1440912752151867397?s=19

Unlike bitcoin.org using DNS Cloudflare, Bitcoin isn't and remain the true decentralized.

It seems to be back up, at least for now, and that link that you provided Apocollapse did not work for me.. here is a working link to Cobra's pointing out the matter (and the various twitter responses).

https://twitter.com/CobraBitcoin/status/1440905892543832064

45K in one hour   Roll Eyes Shocked

You think so?

When are you going to start the timer?

Ready, set, go......

I would like $45k in one hourtm... that would be nice.. otherwise if one hour does not work then soontm would be a good back up plan. 

On the other hand, $45k does kind of seem like a price for ants, so not sure how long any of us really want to be hanging out in these here price territories anyhow, right?

hopefully the scammers didn't get away with too much $$$

From what I've read, it's at least 0.4BTC...

It's OK, all is fine. Darwin at work. Whoever owns BTC and can fall for this scam is not worthy of owning (keys of) BTC.

That's why I agree with cAPSLOCK's stance on banks. Whether we like it or not, banks are necessary, to take care of those incapable of being their own bank. I do hope this changes in the future, but somehow I don't think it ever will...

I overall agree that there seems to be a need for some kinds of banks, and I would speculate that many of us longer term bitcoiners are considering that bitcoin is going to likely create incentives to cause banks to become more user-friendly in a variety of ways.

The way bitcoin is right now, it is very scary being your own bank.. at least from my perspective, and many of you can appreciate that I spend a considerable amount of time thinking about bitcoin (at least to the extent that my various rambling posts are not automatically typed - and I do happen to be a sentient being.. or whatever the proper label is supposed to be).

Maybe my point is that it would be pie in the sky to speculate that banks are going to just disappear all of a sudden.  Yeah, there are gradually and then suddenly ideas, but even in those kinds of scenarios, there has to be some kind of user-friendliness to the matter - including that many dumbasses are going to get their lil selfies into pickles in regards to various ways to protect their keys.

Even taking my own lil selfie... it can be quite ridiculous.  I went through a pretty damned elaborate system of creating back up recoveries to my various keys, and then I put the systems in place, and the next thing you know (less than one year later), I am scratching my lil computer of a head about what the fuck my little puzzle of recovery meant, exactly.  You, AlcoHoDL, have described very similar scenarios, and I would proclaim that neither you nor I are dummies.. we seem to kind of have our wits about us, but just think about a wee bit of lesser education and various systems that end up being employed by many normies, and the next thing you know, they got their lil selfies in a pickle of both having lost access to their keys and not having a way to recover their keys either through the creation of a bad system or NOT creating any backup at all (proclaiming: "I will do that later.")

Actually, I had another situation too, within about the past 6-8 months in which I was in a situation in which I felt that I had to create a wallet to interact with a certain kind of system that was set up, and that system ONLY dealt with certain kinds of BTC wallets, of which I did not have any of those acceptable systems... So, I decided to create another wallet, which then required the creation of a back up and then figuring out how to keep track of that because I was in a kind of travel status.. so I had a temporary system that I was going to transfer into a more permanent system once I got out of my traveling status situation.  My point is that even though I did a bit of due diligence in the creation of a temporary back up system, about 5 months later when I went to transfer my temporary back up system into my permanent system, I was spending a considerable amount of time scratching my electro-noggen in regards to remembering what the symbols that I had created meant, exactly.  Surely, I was able to figure it out, and yeah you might ask why it took me 5 months to get to the process of transferring from temporary to permanent.. and that's just a "shit happens" kind of excuse that is likely common for a lot of normies, including yours truly. 

I am not even going to say that there was also an additional matter of when I had the 24 words written down in their kind of special way that ONLY I would be able to figure out, when I counted the words, there were only 23 words.. so that was kind of screwed up, too.. even though there may well have been a way to figure out the 24th word (which was somewhere in the middle of the list - even at a place that I was not exactly sure about either), I am glad that I did not have to employ some kind of specialist to help me out of an additional issue that was truly of my own making.. how the fuck did I not write down all 24 words?  Why did I skip a word and not notice.. what a distracted twat that I was at that time... and the whole situation was even likely reflective what other normies might experience in trying to manage their key backups.

Back then, it was almost embarrassing explaining Bitcoin to people because they would think you were a lunatic half the time..

Lunatic would be quite ok actually. Most of the time they'd think you were a scammer trying to lure more people into their dirty pyramid scheme...  Grin

Actually, that seems to be correct serveria.  Frequently, I try to dispel what I consider to be the thoughts of my audience, and I have tended to say something like:

"I could give hardly any shits about whether you buy into BTC or not.  My investment into BTC is likely to go up, either way, so I have been telling you (and sharing this information with you) in order to attempt to help you to help yourself, and it is up to you regarding whether you take any actions based on information that I am sharing with you."   

Seems to me that it hardly even matters what I say, but I feel good saying something like that anyhow... so later when I come back, and I say "I told you so," I feel even more justified in being able to say "I told you so."  even though of course, none of this is guaranteed.. but what is guaranteed in life when it comes to the future, and in essence there are not likely too many investments that remain as solid as bitcoin in terms of the degree of guaranteedness that exists within its ultimate non guaranteed status.  hahahahaha  Go figure.. newbies!!!! (not referring to you, serveria)
legendary
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legendary
Activity: 3388
Merit: 3514
born once atheist
….,.

Back thenToday it was is almost embarrassing explaining Bitcoin to people because they would think you were are a lunatic half most of  the time..

FTFY
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
of which I will say no more as I don't feel like getting ranty.

good job..


hahahahaaha

* BobLawblaw sighs

Damn you bastards for getting me back into Lightning again.

Thinking of throwing yet more coin in and building out the node out to properly and respectably rep this fruity thread... In the top 500 for capacity already  Cheesy

This Umbrel stuff is kinda neato.

https://1ml.com/node/03746b93e0b94463624bb28eafa38f3d71b4c80df61a0f10c6340b54f56675487c

Big dick flex... I like it

#nohomo

Yeah... he's a big dick for sure.

you got that much right, heslo.

 Tongue

[edited out]

Ok that makes sense..
Yeah I remember the usual goal being 21 BTC, then Kindof 2.1, and now 0.21 I guess..

As the price goes up by an order of magnitude, iguess a good goal should go down by the same..

I sure don’t have 21 BTC LOL..

For sure, 21 BTC was way more reachable when you first became a forum member, but still it is understandable that it can take a while to actually 1) focus on BTC accumulation or 2) even have enough resources to actually garner up to stack BTC - even if you might have known about the bullish case for bitcoin back then. 

Just think about back then (2015-ish).. some forum guys might have been saying that they were shooting to accumulate up to 21 BTC, and some other forum members might have proclaimed that they already have reached 3x those entry-level aspirations.  Keep in mind through much of 2015, BTC prices were in the mid-$200s, so it would not be unreasonable for a guy to buy BTC at $250 or even $300 per BTC, so even assuming the purchase at the higher $300 price per BTC, the 21 BTC would have cost a mere $6,300 and of course, 3x the target size of 63 BTC would have cost $18,900..   

A lot of those amounts of investment into BTC seem reasonable now, even though back then, it would have likely still seemed like a lot of money to be putting into BTC, especially considering how scared a lot of normie folks seemed to have been about BTC through much of 2015 with the BTC prices staying down there and bouncing around largely in the $200s for most of that year.


Should have listened to myself. Shiiiiit.

21btc = 1/1.000.000 share in Bitcoin

Imagine, for just a few dollars, you own an insane share of the Bitcoin payment network.
Such a bargain!

The more I get to know about the Bitcoin payment network, the more I want to increase my share. I admit it, I got addicted. It seems that atm, the market is listening to my needs.

I guess I want to make a few points, bitebits.

1) Just regarding framework for the next two points, I will note that our forum registration dates are similar.., and I did get into bitcoin about three months prior to finding out about this thread.. so November 2013 for me finding out about bitcoin and February 2014 registering with the forum.. Your forum registration date is similar, but surely how much we were "into" bitcoin might have been different... By the time, I got to the forum, I had already established some BTC investment plans and I was in the midst of attempting to carry out what had been my plans up to that date.  

2) OMG!!!  I had to go to look back at the BTC price charts just to refresh my recollection regarding some of the deja vu trauma involved with those times in late 2014.   And, geez Louise, when you made that post, the BTC price had been lingering on in the upper $300s for so damned long that many of us were kind of considering that had to have been the bottom of the bottom.. but soon we found out that "no it was not."  Fuck, we had not reached the bottom yet.... And gosh the tone of your cited post is like you were receptive to lower  BTC prices in order that you could pick up some more BTC at those seemingly relatively bargain prices.   And, wow.. I am not even saying that you were wrong to think like that, because we ended up finding out, that we were going to have about a year from that time of even more bargain prices... and I will admit that I even made some decently-sized BTC purchases during that time out of the expectation that either the bottom had been reached or we were damned close to a bottom, absent some kind of spike down (which would not have seemed unreasonable)..... but even my own purchases in the upper $300s.. were not even seeming like a bargain throughout most of 2015 after we had close to another halvening of price from those upper $300s... sure the spike all the way down to the mid-$100s did not last for very long at all, because the bottom price largely ended up gravitating in the $220 arenas for a large part of 2015, yet I would still like to characterize the essence of 2015 as having a kind of mid$200s price feel to it because there was bouncing all through the price range of the $200s throughout the year and we even had our lil selfies a spike up to $317 at some point in the middle.. mid-July or so.

3) On a more personal level, regarding creating and following through with a target BTC stash, of course, the times do tend to change.. and for sure, you seem to be corroborating my claim that the 21 BTC was a reasonable and even common way of thinking about entering into having a meaningful stake in BTC in 2015 and even before 2015.. so yeah, of course, if some of us did not reach that goal to accumulate at least 21 BTC during that time, or maybe the goal was reached (or close to being reached) and then mistakes were made along the way, then with the passage of time, we would end up being forced into having to recreate our target BTC stash based on the new standards of what would have become then reasonable and practical for whatever BTC target stash that a normie would be presumably capable of trying to achieve...  As I mentioned one of my recent earlier posts, considering $300 per BTC would have allowed 21 BTC to have been accumulated with a mere $6,300 lump sum, and even if the lump sum might not have been available, a relatively aggressive $100 per week DCA around that time would have gotten a guy (or gal) damned close to reaching that 21 BTC target stash within a year.. or perhaps within 63 weeks?

So, sometimes action is required rather than just contemplating the good ideas of accumulating BTC (talking generally and not specifically about your conduct, bitebits).

Yes, we know that many normies have difficulties establishing any kind of savings or investing plan, and part of the problem remains various systemic disincentives to actually save and invest and admittedly normies do tend to get sucked into that kind of trap, so if we want to strive to be a better than average normie, we have to strive to figure out ways to save and invest in order to attempt to get out of the ratt race - and for sure, BTC does seem to evidence itself as a vehicle that is much more capable than even various traditional investments, even though equities and property have tended to do better than cash, but even with better storage of value investments such as equities and properties, there still can be various ways that even those investments underperform or just end up NOT facilitating abilities to really be able to retain value with the passage of time and to truly remove ambitious and aspiring normies from the ratt race.

Whether I can presume that we are regular or enlightened normies, if we end up getting enlightened at a later date, then we might currently be stuck with a kind of BTC accumulation goal of 0.21 BTC rather than 21 BTC, and even that 0.21 BTC is going to cost us more than 21 BTC would have cost us in late 2014 and into most of 2015.  So at todays prices of about $44k, it will cost about $9,240 to reach the 0.21BTC, and there are some of us who have at least three times that amount already accumulated... go figure!!!!!
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2828
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Join the world-leading crypto sportsbook NOW!
45K in one hour   Roll Eyes Shocked
You have to cheer louder, the markets didn't hear you  Cheesy
News like this have a hell of a lot of fans cheering. A stadium full! Grin

https://twitter.com/BitcoinMagazine/status/1440701970667376643
I like to think big professional sport teams doing this lends to the pump up in the price and not a government bail out for bigger corporations being idiotic. Wink
legendary
Activity: 1722
Merit: 2213
Moving back above $44.5K would likely confirm that the low is in, otherwise a re-test of the accumulation zone (particularly $38-40K) wouldn't be out of the question, now that price has already flirted with this support zone.

Not much to report on the Bitcoin price as not a lot has changed in the past couple of days (see previous TA). Price is attempting to make support at previous resistance of around $40K, where there the bulk of volume accumulation begins as well as notably the 0.5 fib retracement from local low to local high. If this level holds as support, then new ATHs don't appear to be too far away in the near future.



The 4hr picture remains similar, with a couple of extra factors taking effect. The previous upwards sloping long-term resistance turned support is again acting as local resistance. The support-trend line of the broadening wedge (from the past two weeks) may well now act as support. Similar to before, $38-40K is likely to be re-tested if price can't move above $44.5K horizontal resistance.



Price movement is otherwise playing out as expected. After a 85% move to the upside from $28K to $53K (+$25K), price has now corrected 50% of this move to the $40K levels (-$13K).

The 50 Week MA continues to rise and is now priced at $38.7K, where in the long-term price would likely bottom if the bears push price down any further.

The time to sell the mid-term trend was the $50Ks in order to buy back in the $30-40K accumulation. The time to take profits as a hodler was $60Ks or never. Now it's time to buy the $38-40K support before further upside imo, while others dream of sub $30K prices again that will likely never arrive ever again. Still not feeling bearish unless $36K VPVR point of control is broken to the upside.



Bitcoin dominance speculation *Trigger warning*

Personally I'm continuing to ladder into this dip with altcoin profits (as have been doing between $45K and $50K), as dominance is beginning finding support at 40% with bullish divergence on Weekly time-frame:



Sub $40K and I'll be getting more aggressively taking profits back to satoshis no doubt, as the Bitcoin dominance stands a much higher chance of a dead cat bounce (dcb) towards 50-60% if Bitcoin corrects lower. That said, October is coming and looking back to 2017 saw the 9-month altcoin rally (against BTC) end with a considerable dcb before the final pump at the end of the year in December. This is therefore currently what I'm anticipating, altcoins to bleed out against Bitcoin. Either for the dominance bounce to come from re-testing accumulation zone, or otherwise more aggressively from a recovery back to $60K.
legendary
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hero member
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on thesis

I found the Sigh sound aplication on Android playstore
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
It's OK, all is fine. Darwin at work. Whoever owns BTC and can fall for this scam is not worthy of owning (keys of) BTC.

100% agreed!

That's why I agree with cAPSLOCK's stance on banks. Whether we like it or not, banks are necessary, to take care of those incapable of being their own bank.

Not necessarily. As you said, Darwin at work. Sooner or later, will prevail only those capable to be their own bank.

So Bitcoin is only going to be used by those who are worthy to use it?

I seriously doubt that.
legendary
Activity: 3808
Merit: 7912
45K in one hour   Roll Eyes Shocked

 What boggles my mind is that those who fell for the ruse were already holding some bitcoin so they must have an idea how it works.  What are they thinking??  Maybe, maybe, maybe...

 The scam should at least include one of these in the transaction so people wouldn't feel totally scammed.

 



Edit: I know you all want one now.
https://mcphee.com/products/disappointed-sigh
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
* BobLawblaw sighs

Damn you bastards for getting me back into Lightning again.

Thinking of throwing yet more coin in and building out the node out to properly and respectably rep this fruity thread... In the top 500 for capacity already  Cheesy

This Umbrel stuff is kinda neato.

https://1ml.com/node/03746b93e0b94463624bb28eafa38f3d71b4c80df61a0f10c6340b54f56675487c

I am all for it.  My approach is a little more conservative lol.  But I agree!
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 297
Merit: 416
bitcoin.org back online
sr. member
Activity: 297
Merit: 416
hopefully the scammers didn't get away with too much $$$

From what I've read, it's at least 0.4BTC...

It's OK, all is fine. Darwin at work. Whoever owns BTC and can fall for this scam is not worthy of owning (keys of) BTC.

That's why I agree with cAPSLOCK's stance on banks. Whether we like it or not, banks are necessary, to take care of those incapable of being their own bank. I do hope this changes in the future, but somehow I don't think it ever will...

I do agree with the Darwin bit.
The scam however has nothing to do with the banking aspect , but everything to do with stupidity.
Regardless of whether Bitcoin was in the custody of a bank or their own wallet, the fools falling for the scam would still have sent their Bitcoin.
The advent of hardware wallets and their ease of use, means even the least technological capable folk can secure their Bitcoin.
 
It is likely the scammers sent some of their own money to that address to make it appear more legit, so possibly nobody lost any Bitcoin. But I would not count on it. Free money who could resist!
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