Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1603. (Read 26713425 times)

Grrrrr. Fuck 26

Not sure on ChartBuddy. Probably a change at the exchange.

Explanation
Chartbuddy thanks talkimg.com

My 10 year anniversary in bitcoin is in May 2024. Hopefully we have an approved spot ETF by then & an ATH maybe.

I was a fresh faced mid 20’s noob back then. I have done very well from bitcoin but my God, it ages you.

For sure there are a variety of ways that people start, and likely the more time we spend learning about bitcoin, we figure out a few things about it.... not that I had ever gotten into mining.. so I am having to sometimes see what others are saying about it and surely we can still look at some of the mining metrics too..and become amazed.. oh including that some of the new ways that bitcoin is being discussed and analyzed did not really exist in 2013/2014..

.....and so I don't really claim to be much of a 2013 bitcoin person since I started to study bitcoin in November 2013 and to make my plans around bitcoin and to start to buy some bitcoin at that time.. but it takes a bit of time, to try to learn - even though some of my basics still stuck from 2013, while I probably just continued to absorb little things here and there along the way and through the years.. similar to you, but at the same time different from you..

since we have different personalities, areas of interest, probably different ways of investing into bitcoin (and other assets) and other various different individual factors, too.. and so surely part of the benefits of this forum is to run a few of our stories past each other from time to time.... almost 10 years of bitcoin for me.. .. life before bitcoin and life after getting into bitcoin.

The irony in this is that the more the BTC rises the more it will decouple, become a hedge, and a way for capital flight, the more likely the governments will transition into the fight stage, meaning regulations, negative coverage, and no ETF. I'm not sure if ETF is net positive for BTC in the long run, but the fight stage will be easier if it starts after the ETF is approved. I think short term it's best for BTC to be considered as just another risk-on asset where it'll have a miserable winter, so it's not yet considered a threat and ETF is approved, which will be a trigger for the decoupling right before the halving. Long term, non of this really matters, it's already inevitable.

Explanation
Chartbuddy thanks talkimg.com

Like every OG on this thread including myself.

I have been playing this bitcoin thing since 2013.(2011, if I include my failed attempt to buy several coins but gave up, thinking "ahhh fuck it!, its just another internet scam anyway")
And I've done very well, thank you.
Albeit, I only got into it because mining free money. Not over ideology.
My goodness... the weird things I learned going down the bitcoin rabbit hole.

Hi Buddy...

I doubt that it is necessarily wise to sell your shitcoins at any time other than a time in which you would like to sell them, and with any investment (or gamble) you should be ready, willing and/or able to ride out the rougher periods, and surely sometimes shitcoins are going to go down and never really come back, but that does not even necessarily mean you should sell them at a time that is anything other than your own choosing.

Some shitcoins that I have, I could give or take, but really it seems that I have not really done much of anything with the overwhelming majority of them since around 2017/2018.. except for every once in a while something will come up with one or more of them, such as getting delisted or something like that and then I have to make a choice if I am going to move it or sell it or even figure out some other way of storing it, if it had been on an exchange or maybe something happens with the wallet.. I had one wallet that kept fucking up recognizing one of my shitcoins, so I ended up figuring out how to move it to another wallet.. that took me a month or two to accomplish with various scattered research and experiment and thinking about what I wanted to do.. and questioning whether it was worth it to just keep it for funzies... even though it probably is around less than 0.1% of my BTC value or my "crypto" portfolio.


You could just leave your various shitcoins on that old seed, too... and in that way, if you ever wanted to access the shitcoins, you would just restore your old seed onto your ledger.. which would be wiping your new seed, reinstall your old seed, do whatever transactions you want to do with your shitcoins, and then reinstalling your new seed.. to the extent that you did not follow the earlier suggestion of just buying more than one ledger.. so in some sense I personally believe that it is is better to have aa few different hardware wallets around... even if some of them might cost a bit of money... but if you can buy some expensive spectacles to capture dee neanderlands in dee skies, you likely could afford an extra hardware wallet or two.. and presuming that you have more than 0.00419312 BTC that you are securing.  #nohomo


I personally like Trezor.. but people who are informed about bitcoin say good things about other wallets such as passport, coldcard, jade. and maybe a few others.


I have always been a bit skeptical of ledger and also the secure element being closed source, and then some of their drama coming out in the past 6 months or so they largely admitted that people are putting a lot of trust in them with the secure element.. and they are really supporting a lot of shitcoins.. sure Trezor supports some shitcoins too.. but you can set it up as bitcoin only.. I also found ledger to be quite finicky.. and have some lack of user friendliness.. including that I had one that I bricked and spent a lot of time fucking around with it causing me resentment over its lack of user-friendliness, and sure maybe they have improved, but I don't like having had those experiences.


The backing up of your seed and the ways of interacting with your coins are different.. and sure, I don't claim to be any kind of expert in the various possibilities, so maybe I should get off my high horse in terms of your earlier choice of ledger.


My thinking has always been to buy on the way down.. (if it were to happen to happen) rather than getting depressed (or worked up) about it... sure sometimes the amount of down does cause me to get even more nervous than usual, especially when I am running out of money to buy more, which does happen from time to time, so surely I can relate to being bothered by extremes.. yet I cannot relate as much merely by frustration that the BTC price is not going up as fast as we wished it would.. especially we have been here a while.. and then also from newbies who should be taking advantage of dips.. and yeah sure Paashaas is not a newbie, even though some of his latest posts have been coming off as if he has been making some bad gambling moves with his bitcoin stash.,, whatever it might be.

Looks like we are seeing a plunge in price. A bit delayed in my opinion but I guess people were unsure how to react to the latest war situation. Looking at the charts it does seem like there should be one more massive drop before the rocket launches to the moon, so if I were a trader I’d be watching for a big buying opportunity and getting ready to go all in.

The real problem here is: There are three accounts on the (old) ledger. BTC, shitcoin1 from chain split, and shitcoin2. To send these anywhere, i have to restore the ledger in the first place. Then i can wipe/initialize it again. Now, i wouldn't call myself a Bitcoin maxi, if i would hold the shitcoins for longer, i just didn't feel the urge to sell them for BTC yet. These are small balances, too.


I am not that stubborn, i try to be open as well. What's your preferred ways?
I have nothing against wallet.dat filse but i think storage of them is not ideal, and the ledger and almost any hw wallet has a slight disadvantage (because not connected to the internet, for example).

EDIT: After thinking a little about it, using a seedword list (carved or laser-cut in hard wood or metal, because it's done offline and i got the machinery) as cold wallet, and the ledger as hot wallet should do it. Perhaps?


No, it's not. At least for my part, once i stopped listening to the noise i stopped losing sats/money.
The old "zoom out" always helped in times of doubt.

It's not over yet.


Furthermore, it is also not good to get too caught up upon what others are saying, or short-term moves that happen from time to time.. including that we have had both UP and DOWN in October, so far, which even if there exists a slight inclination towards DOWN, so far, we are ONLY 11 or 12 days into the month... so not even half way. .and which way is it going to break?  Are we going to revisit $25k?  Then maybe I might start to become a bit pessimistic.. otherwise, I seem to just be seeing a lot of noise..

or is it just me?

Explanation
Chartbuddy thanks talkimg.com

Uptober they said.. was another false narrative from bulltards.

DOWNtober would be more applicable.

Of course, you could buy two ledgers, and/or other kinds of wallets.. and sure the extent to which various shitcoins are supported will vary from device to device... or even kinds of wallets, if you might want to move some kinds of coins to a temporary location until you set up your new device (presumptively your sticking with ledger.. sorry for your loss.. again - meaning the fact that you use ledger)


Yes.. ChatGPT is helpful to make more sense out of danadc's assertions. 

I don't really like the use of a plural to refer to a singular, so in that regard, I doubt that danadc is a they.

Your conclusion is also pretty good vroom, which is that danadc speaks in such a way that is beyond the capabilities of mere mortals... therefore we needed ChatBPT to dumb it down a bit to our level.


Wow.   

"We" are going to start to need to refer to homer as a "they"..... since posting on the WO happens to be a family adventure^**...

**I would venture to bet that historically the daughter comes up with the best of homer's jokes.. since homer could never (I realize that "never" is a long time) come up with that kind of material through his own lil selfie.

what is buddy up to?

he has a sneaky ass plan to catch I just know it.

lol

Explanation
Chartbuddy thanks talkimg.com

You really got bull's eye


Coastal sides are always fun to visit.

Let me share my travel diary from last month (Sep 2023).

Jeddah Fountain, Jeddah - Saudia Arabia.

Its the highest fountain in the sea. I just saw it from distance so cant say how high water goes but the place is quite and good to visit.

 I didn't already know but it wasn't dark yet here when he posted it (so right away, I decided 5 or 6 time zones east and so I ruled out anything east of France), the architecture combined with the cathedral in the center of the image made me think it was in Europe also.  Obviously it was coastal, the needle was something to hone in on and I figured he was on a boat or a pier... then I made out the ruins in the far left of the image which appeared to be in the water near the needle.  I don't remember my exact search term but I found an image of Brighton that looked a lot like Fillippone's and then I went to google maps to Brighton to have a closer look.  My wife and my youngest daughter love helping out - it's fun for the whole family and also a learning experience.  Unfortunately, someone always wants to travel to these places once we "discover" them.  

hey, I can help! I asked chatGPT to explain this post. here is chatGPTs explaination:



as you can see his sentence structure is very dense in information, compression level high, impossible to understand for other people like us