Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12648. (Read 26712700 times)

-honey badger  got eaten by a bear
-is crypto dead?
-the next 24 hours are critical
-not gentlemen
-oh noes... my bitcorns
-btfd
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-not lamb chops
-stolfi or wtf his name was...
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-
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-resident troll creaming his jeans
-lots of mcg posts
-wordyman
etc
etc
etc...(and hats)

haha LoL nice you say that cause i'm ALL alone
and took 15minutes so not so much of time .... i would like a micg team
but got all the possible minds and back up in THE WO

WHAT of a team would XhomerX be working with

Well, i have to admit that it frustrates the crap out of me... I keep on mining and mining, and now this happens again.
I've been holding almost everything i mined past year, but i wanted to take some little profit this December and have a nice happy month with kids and family. It bothers me highly that 2 idiots fighting over their hardfork drilled this away for me, and probably a lot of others.
I know, nobody can help anything about this, and sure, this is a nice time to buy, but right now i really need my fiat, as i can't count on my btc's... No fiat left to spend anymore...  

 

ALL ABOARD!!!

The only way that you could actually do all of this stuff that you proclaim is to have a micgoosen marketing team, so maybe you should discontinue acting as if you are merely one person and what you do and say are from just one person (implying a real person).       

Gotta agree with you on that one.  Sometimes, it will become difficult to go out there and buy BTC, even though price would justify it... but it would be quite a BIG deal to have either level of correction, even though the $3k one would be more tolerable (even while it would be disappointing, at the same time). 

Still how much is taking one device to produce 1 bitcoin?

This is one hard decision point. When do I put down the last of my coin investment fiat that I have waiting. This seems like such an easy moment to profit. It is obscene. Anyone who has been here since the start knows this as well. What moron really believes the coin is worth long term this price or less? I call this guaranteed earnings on ever dollar of coin I buy. Though I am greedy and want to wait for the best moment to go all in  

I dont have Pepes to send to you.

Also, bitcoin is under attack. I accessed a old wallet and its showing values from one year ago, whereas it should be empty.

That is the electricity only cost of producing a bitcoin if you are paying ~$0.05 per kWh and doesn't include the cost of air conditioning, facilities, employees, or return on capital. Electricity is probably only 50% of the true cost of running a profitable mining business.

i dont think that many people are selling voluntarily.its more like they have to sell or are forced to sell by margin calls

anyway, we could still see some support around this level in following days. but after today's action, i dont expect more than $500-1000 rebound before retesting low once more   [i hope im wrong as usual and we will bounce above 6k with force ]

Ah ok, Big-ass whale maybe?
Technically that number doesn't really say at what prices the orders are being set, so if somebody adds 20M in orders for 10 USD/BTC, that doesn't much for us.
Of course you can look at the graph, but I don't know how that evolved.

Also, too much ALL CAPS.. so tldr.. and the person who originally posted this (ninobtcx) should have told us what his/her opinion is/was rather than expecting folks in this thread to actually read and digest such information as if it might possibly mean something, perhaps?

Bitmex recently put out something that showed the breakeven mining point at around $3,500 or so.

Yeah, I get that, but how all of the sudden, in literally 5 minutes, people decide to put $20M+ in buy orders? That's what I am curious about.

In other words, you are literally Judas and will lie and shill for the Chinese social credit score system as long as you think you can profit from it then flee the country before everyone is rounded up and dies, except for the fact there is nowhere to actually run to in the first place.

You might be attempting to agree with LFC; however, your whole framework is off base, and you don't sell coins on the way down unless either you are trying to manipulate the price down, or you have decently strong convictions (which may well be a gamble) that you are going to be able to buy the coins back for less than you sell them.  Good luck with that. 



Would have been more sensible to unload that risk while the price was going up, but I understand that peeps have differing trading philosophies and try to play around with predicting the short term moves of the market.. sometimes lucky, and sometimes not... so it still ends up being a tougher gamble to be selling on the way down when the price already corrected more than 75% from its $19,666 top.



Yeah.. HODLers play long term... so if you are trying to shake HODLers based on short term fears then that is truly a different game as compared with the HODL and accumulate game, which is a longer term play.. in that anyone engaged in such longer term play presumes that the price of BTC is going to be higher at a future date (depending on time line) than it is either today or based on his average accumulation costs per BTC.



Still does not justify a strategy of selling on the way down.


of course, and historically the long term hodlers and accumulators have beat the pants  (pun not intended) off of those who have let their emotions attempt to guide predicting short term moves.


Cross that bridge when we get there.  Hopefully, guys (and gal) will skim a bit of profits on the way up, so that they don't have to be either nervous about attempting to play it all at once, and they will protect themselves from some of the BIGGER short term price moves, without getting too worked up about those shorter term price moves (even when they are getting above the 75% correction territory, such as where we are at currently).. stressful times, but NOT very likely a good time to be selling.

That's because we are currently using ALL the red candles.