Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14662. (Read 26607997 times)

legendary
Activity: 874
Merit: 1357
So, just sent an email to our CTO to set up a meeting/brief-chat, to let him know that I'm resigning.

Shit just got real.

Don't like the circumstances under which I'm leaving, but nothing I can do about it. My hand is being forced. (They want things their way, I want things my way, no way to meet in the middle...)

I'm likely to be throwing a small wrench into the works with my resignation, but I just can't deal with my manager and constant reorgs anymore.

End of an era approaching for me.

Kinda depressed, and then I think "Why you so depressed dude ? You're fucking retiring early, dawg ! Going to live the dream and so-on-and-so-forth. Get a fucking grip."

Will be nice to step away and focus on me for the rest of my unnatural life.

Soon.

Never imagined I would be dealing with this sort of existential angst with retirement mere weeks away...

I retired before I was 40 thanks to crypto.  Fear not, you won't regret it. Best. Decision. Ever.
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 2604
Merit: 1748
So, just sent an email to our CTO to set up a meeting/brief-chat, to let him know that I'm resigning.

Shit just got real.

Don't like the circumstances under which I'm leaving, but nothing I can do about it. My hand is being forced. (They want things their way, I want things my way, no way to meet in the middle...)

I'm likely to be throwing a small wrench into the works with my resignation, but I just can't deal with my manager and constant reorgs anymore.

End of an era approaching for me.

Kinda depressed, and then I think "Why you so depressed dude ? You're fucking retiring early, dawg ! Going to live the dream and so-on-and-so-forth. Get a fucking grip."

Will be nice to step away and focus on me for the rest of my unnatural life.

Soon.

Never imagined I would be dealing with this sort of existential angst with retirement mere weeks away...

Good luck, Bob - all this will be nothing in your Porsche rear-view mirror soon.   If you can handle a Bitcoin 'correction' like this, you can handle anything - and you have handled it well.  What you deserve and what they want are two different things. That is life, and you are a free agent. Be grateful, but put yourself first.

No one is going to look back and wish they spent more time in the office...
legendary
Activity: 2520
Merit: 3038
Will be nice to step away and focus on me for the rest of my unnatural life.

Soon.

Never imagined I would be dealing with this sort of existential angst with retirement mere weeks away...
I'm pretty sure sooner than you know, you'll say "never imagined the angst would be gone and forgotten so fast."
Cheer up, Bob. You are one of the guys who made it. Be proud and learn to live it up, it needs training like any other art.
legendary
Activity: 2338
Merit: 1130
So, just sent an email to our CTO to set up a meeting/brief-chat, to let him know that I'm resigning.

Shit just got real.

Don't like the circumstances under which I'm leaving, but nothing I can do about it. My hand is being forced. (They want things their way, I want things my way, no way to meet in the middle...)

I'm likely to be throwing a small wrench into the works with my resignation, but I just can't deal with my manager and constant reorgs anymore.

End of an era approaching for me.

Kinda depressed, and then I think "Why you so depressed dude ? You're fucking retiring early, dawg ! Going to live the dream and so-on-and-so-forth. Get a fucking grip."

Will be nice to step away and focus on me for the rest of my unnatural life.

Soon.

Never imagined I would be dealing with this sort of existential angst with retirement mere weeks away...

Life transitions are stressful.

Keep your eyes on the prize!
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 2520
Merit: 3038
^+1 WOmerit to kurious

6k potential bottom?
time to catch the train?

Where is the train on the picture?
Train? Which train?
legendary
Activity: 2604
Merit: 1748
To state the obvious:

Most of us have been hoping someone else would start buying.  

The problem is simply that the majority of the market cash hasn’t been.  Why would it when it’s on the way down?  

However:   Ultimately there is a price that is just too low and there will be more buyers than sellers.  The market decides this, not our crossed fingers.

This is the truth.  The price will eventually turn up, it must: but ‘when’ the bottom is in can truly only be known with hindsight.

If this is over, we must be thankful - because a slow bleed is worse than a sharper, faster one.  Anyone who waited after Gox for a final bottom for over a year will remember the pain of this.

That said, we know in our soul these coins are really cheap, we just need to feel the market agrees, so we don’t buy before they’re cheaper still.  

Once it is apparent the market has decided, we know the bottom is in and so we can BUY.

And BUY, we will.  
A great way to put it.
I've been buying like mad on the way down - perhaps too much, too early, but when she gets back up were she belongs it will be much less relevant.

The thing is, in these bloody days, I didn't feel as much panic as I felt FOMO.

Me too, I ran out a few days back and had to sell to have funds to buy lower.  Scary. 

But I was determined to try to increase BTC on the way down, not just watch it bleed.  On my trading stash, I am up.  But am running low on dry powder again, if there is another leg down.  I will need to go back to money I cashed out in Dec for ammo.

That said, whatever happens -  I am determined to come out of this with more BTC, not cash.  Cash is a given when it goes back up.

Bitcoin is what matters.
legendary
Activity: 2338
Merit: 2106



last night reminded more of this one:



or helnwein classic:




or bosch

legendary
Activity: 3808
Merit: 7912
^+1 WOmerit to kurious

6k potential bottom?
time to catch the train?

Where is the train on the picture?

 Somewhere in Brazil.
legendary
Activity: 2520
Merit: 3038
Another "obvious" concept - but easy to forget - that many smart folks here have pointed out: for every seller there is a buyer, and vice versa. Someone's really loaded up with cheap coins at the expense of the weak hands.

Never forget - You only lose if you sell cheaper than you bought.
legendary
Activity: 2520
Merit: 3038
To state the obvious:

Most of us have been hoping someone else would start buying.  

The problem is simply that the majority of the market cash hasn’t been.  Why would it when it’s on the way down?  

However:   Ultimately there is a price that is just too low and there will be more buyers than sellers.  The market decides this, not our crossed fingers.

This is the truth.  The price will eventually turn up, it must: but ‘when’ the bottom is in can truly only be known with hindsight.

If this is over, we must be thankful - because a slow bleed is worse than a sharper, faster one.  Anyone who waited after Gox for a final bottom for over a year will remember the pain of this.

That said, we know in our soul these coins are really cheap, we just need to feel the market agrees, so we don’t buy before they’re cheaper still.  

Once it is apparent the market has decided, we know the bottom is in and so we can BUY.

And BUY, we will.  
A great way to put it.
I've been buying like mad on the way down - perhaps too much, too early, but when she gets back up were she belongs it will be much less relevant.

The thing is, in these bloody days, I didn't feel as much panic as I felt FOMO.
legendary
Activity: 1708
Merit: 1049
To state the obvious:

Most of us have been hoping someone else would start buying.  

The problem is simply that the majority of the market cash hasn’t been.  Why would it when it’s on the way down?  

It's a matter of quantity...

If you drop too much cash in the market, there are no BTC to buy => price spikes upwards.
If you drop too many coins in the market, there is no cash to buy => price spikes downwards.

I wouldn't give too much importance on the price that is formulated as a result of over-supply spikes... that's the case here... too many bitcoins dumped in a short amount of time... almost as if to create the desired effect (a lower price - for whatever reason).

The important thing is that these supply spikes aren't mid-term or long-term sustainable in a finite-quantity asset, like BTC. Only short-term.
legendary
Activity: 3808
Merit: 7912
legendary
Activity: 2604
Merit: 1748
Just one more dip to about 7280, please - I just need a little more!

EDIT: and in the next 2 hours would be great, I can't stay up all night again
member
Activity: 116
Merit: 20
Be honost now: who forgot to fill up the rocket?
legendary
Activity: 2604
Merit: 1748
To state the obvious:

Most of us have been hoping someone else would start buying.  

The problem is simply that the majority of the market cash hasn’t been.  Why would it when it’s on the way down?  

However:   Ultimately there is a price that is just too low and there will be more buyers than sellers.  The market decides this, not our crossed fingers.

This is the truth.  The price will eventually turn up, it must: but ‘when’ the bottom is in can truly only be known with hindsight.

If this is over, we must be thankful - because a slow bleed is worse than a sharper, faster one.  Anyone who waited after Gox for a final bottom for over a year will remember the pain of this.

That said, we know in our soul these coins are really cheap, we just need to feel the market agrees, so we don’t buy before they’re cheaper still.  

Once it is apparent the market has decided, we know the bottom is in and so we can BUY.

And BUY, we will.  
legendary
Activity: 2338
Merit: 1130


COME ON HODLers!

Everybody get out and PULL this train!

CCMF



legendary
Activity: 2338
Merit: 2106

(...)

6000 is the fucking BOTTOM


hoping I was right this time.
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