Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 166. (Read 26462169 times)
July 29, 2024, 04:01:13 AM
July 29, 2024, 04:00:19 AM
Where is the said sell-off, though?
It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
I maybe see one but admittedly, if it was, it was pretty weak. I think the underlying motivating factors right now are good and we are yet to see the real effect of the halving supply shock.It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
Some are currently bullish so would hold for now.
Yes.. hopefully short-sighted folks like yourself looking for a spot to sell at a higher price don't end up selling too much too soon because you and them are expecting to buy back cheaper.. . We've seen a lot of losers taking those kinds of tactics, especially treating bitcoin like a trade rather than a long term investment.. but yeah, sometimes you have to get burnt a few times before learning, and surely some folks take several burns and seem to not really learn, especially since trading tends to devolve into a kind of gambling, so it becomes quite difficult to stop yourself from doing dumb things, such as having a winning investment (such as bitcoin), and then turning it into either a loser or something that you ONLY value for short term fiat gainz.. and then realizing that you did not even actually understand the power of the thing (in this case bitcoin) that you had held.
The bitcoiners who have done the best have tended to error on the side of accumulating BTC and holding it and not really starting to sell any of their BTC until they have accumulated enough or who have overly accumulated. No one can really tell you when you have reached such status, yet you Ambatman with a forum registration date that is ONLY slightly greater than a year, you sound like someone who might not really understand bitcoin very well if you are thinking in terms of selling on the pump and trying to buy back lower, rather than getting through a whole cycle with mostly buys. and then to reassess where you are at after a whole cycle.. unless for some reason you have reached a status of over accumulation, which surely I have my doubts, but never say never, you know your situation better than anyone else... even though likely you need to keep in mind that it can take 30-40 years or more to really build a strong investment portfolio, and even though bitcoin provides some abilities to cut that in half and potentially even greater than cutting that time in half, it still tends to take a decent amount of time to build an investment portfolio.. so hopefully if you have ONLY been in bitcoin for a bit over year, you had been able to get a position in bitcoin in that time.. yet I have my doubts, since you are talking about selling rather than building your position.. so I have my doubts whether you have had already established any kind of meaningful bitcoin position in such a short period of time.
Been burnt countless times before especially last year because of trading rather than holding
I can proudly beat my chest and say there are few people in this forum that hates trading more than me.
I have portions I accumulate on and other I save with
My countries currency falls as the day goes by
So am adverse towards keeping most of my funds as Fiat.
The amount I sell can barely make a dent in the grand scheme of things
A person sells sometimes doesn't necessarily mean they ain't holders
I take Bitcoin personally as a long term investment and another as a method of saving my funds against inflation
So choosing to sell from the savings section isn't quite a crime to me though TBH.
July 29, 2024, 03:33:45 AM
Where is the said sell-off, though?
It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
I maybe see one but admittedly, if it was, it was pretty weak. I think the underlying motivating factors right now are good and we are yet to see the real effect of the halving supply shock.It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
Some are currently bullish so would hold for now.
Yes.. hopefully short-sighted folks like yourself looking for a spot to sell at a higher price don't end up selling too much too soon because you and them are expecting to buy back cheaper.. . We've seen a lot of losers taking those kinds of tactics, especially treating bitcoin like a trade rather than a long term investment.. but yeah, sometimes you have to get burnt a few times before learning, and surely some folks take several burns and seem to not really learn, especially since trading tends to devolve into a kind of gambling, so it becomes quite difficult to stop yourself from doing dumb things, such as having a winning investment (such as bitcoin), and then turning it into either a loser or something that you ONLY value for short term fiat gainz.. and then realizing that you did not even actually understand the power of the thing (in this case bitcoin) that you had held.
The bitcoiners who have done the best have tended to error on the side of accumulating BTC and holding it and not really starting to sell any of their BTC until they have accumulated enough or who have overly accumulated. No one can really tell you when you have reached such status, yet you Ambatman with a forum registration date that is ONLY slightly greater than a year, you sound like someone who might not really understand bitcoin very well if you are thinking in terms of selling on the pump and trying to buy back lower, rather than getting through a whole cycle with mostly buys. and then to reassess where you are at after a whole cycle.. unless for some reason you have reached a status of over accumulation, which surely I have my doubts, but never say never, you know your situation better than anyone else... even though likely you need to keep in mind that it can take 30-40 years or more to really build a strong investment portfolio, and even though bitcoin provides some abilities to cut that in half and potentially even greater than cutting that time in half, it still tends to take a decent amount of time to build an investment portfolio.. so hopefully if you have ONLY been in bitcoin for a bit over year, you had been able to get a position in bitcoin in that time.. yet I have my doubts, since you are talking about selling rather than building your position.. so I have my doubts whether you have had already established any kind of meaningful bitcoin position in such a short period of time.
July 29, 2024, 03:18:38 AM
Where is the said sell-off, though?
It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
I maybe see one but admittedly, if it was, it was pretty weak. I think the underlying motivating factors right now are good and we are yet to see the real effect of the halving supply shock.
Some are currently bullish so would hold for now.
But in all
BITCOIN I LOVE YOU MUAH
Expect $70.000 Bitcoin when returning home from the gym.
Guess you both working out today. 
July 29, 2024, 03:04:17 AM
Expect $70.000 Bitcoin when returning home from the gym.
July 29, 2024, 03:01:14 AM
July 29, 2024, 02:01:16 AM
July 29, 2024, 01:55:47 AM
We'll need a pilot
Someone take the chopper out
Kissing seventy
Someone take the chopper out
Kissing seventy
I love it when a plan comes together.
I pity the foo' who went full fiat.
worth a watch
Key & Peele - Mr. T PSA
https://youtu.be/1g-s-pghtYQ?si=87G98BZEgb-Wq3D5&t=5
July 29, 2024, 01:49:27 AM
We'll need a pilot
Someone take the chopper out
Kissing seventy
Someone take the chopper out
Kissing seventy
I love it when a plan comes together.
I pity the foo' who went full fiat.
July 29, 2024, 01:41:59 AM
Where is the said sell-off, though?
It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
I maybe see one but admittedly, if it was, it was pretty weak. I think the underlying motivating factors right now are good and we are yet to see the real effect of the halving supply shock.
July 29, 2024, 01:01:14 AM
July 29, 2024, 12:01:14 AM
July 28, 2024, 11:41:46 PM
We'll need a pilot
Someone take the chopper out
Kissing seventy
#haiku
Someone take the chopper out
Kissing seventy
#haiku
I love it when a plan comes together.
July 28, 2024, 11:19:44 PM
We'll need a pilot
Someone take the chopper out
Kissing seventy
#haiku
Someone take the chopper out
Kissing seventy
#haiku
July 28, 2024, 11:01:16 PM
July 28, 2024, 10:38:18 PM
We'll need a pilot
Someone take the chopper out
Kissing seventy
#haiku
Someone take the chopper out
Kissing seventy
#haiku
July 28, 2024, 10:01:14 PM
July 28, 2024, 09:38:30 PM
This, obviously, did not happen so far, so timing might be off by another unknown number of years, but the current trend is the increase in temp, afaik.
BTW, it does not really matter why, exactly, but if long term trend suggests 2-3C increase, it might happen regardless of whether Co2 emission, the albedo decrease or Earth orbital fluctuations, etc (or all together) are causing all this.
BTW, it does not really matter why, exactly, but if long term trend suggests 2-3C increase, it might happen regardless of whether Co2 emission, the albedo decrease or Earth orbital fluctuations, etc (or all together) are causing all this.
The CO₂ chart everyone needs to see…
July 28, 2024, 09:01:14 PM
July 28, 2024, 08:58:33 PM
I don't know
I expected more than this price after the speech
Or are people sleeping?
I expected more than this price after the speech
Or are people sleeping?
People who expect the price to go up because of this speech buy in and push the price up before the speech hence it becomes "priced in". Then comes the sell-off.
Where is the said sell-off, though?
It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
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