Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1887. (Read 26619982 times)

We should now refer to him/her/they (yeah, pronouns are a bitch these daze) as ChatJJG  (almost rhymes with ChatGPT ...just sayin...)

GO BITCOIN

he's a  literal bot.  He just posted a long rebuttal of me accusing him of not being prepared for uppity.

Oh c'mon bro!... after 8 plus years of my silliness on this thread and you are still taking me seriously when I post crap like that? Its called satire

Explanation
Chartbuddy thanks talkimg.com

BTC in the near future 2 options. If it goes flat for several days, it can continue moving up to $34-35000. Then a drop to $23,000 and down.
With a higher probability, I now expect a gradual decline to $21-23,000.

Not financial advice.

Swan Bitcoin CEO Cory Klippsten assures the safety of customer funds "There is zero precedent for clawback of customer funds from individual bankruptcy" 👀

He also encourages self-custody "we have free automatic withdrawals"



Source

You said that BTC is structurally inferior to other POW coins, such as litecoin and doggie coin, and you said that you were convinced that the incentive systems in other coins, such as doggie coin, were going to beat bitcoin out because bitcoin was structurally inferior... unless bitcoin changes its mining reward mechanism....

So, yeah, even if you did not use the word broken, you seem to fail/refuse to accept the power of bitcoin, and you seem to think that bitcoin needs to be fixed in the direction that you are suggesting.

I think that you are a bit of a Nostradamus wannabe, and that you are trying to get credit for some kind of a novel idea, and it seems to me that no action is required at this point, even though it likely is not a problem to continue to monitor bitcoin and its incentives, and if it appears that bitcoin needs to be fixed down the road in order to create more of a tail emission or something like that, then the problem could be addressed when it becomes a problem rather than speculating on a problem and acting as if it exists when it seems to mostly just be a theoretical problem that might exist in the future, but then again it might not exist in the future.  The problem that you proclaim to exist is not as certain as you are making it out to be, and therefore it does not need to be addressed/fixed right now in an emergency way, as you seem to suggest to be needed.


Oh gawd... 

I did a quick search and did not find ..

I only found this:  https://www.binance.us/spot-trade/doge_usdt

so I am not sure what you are talking about. 

I saw that DGB did more than a 10x..   https://www.binance.us/spot-trade/dgb_usdt

Fuck shitcoins... While we are at it... fuck ledger as well... get yourself some other device.. at least for your bitcoin.. and if you want to hold shitcoins on ledger, then whatever, do what you like...


That kind of looks like me.

justsaying.


As I mentioned in another recent post, it is not always clear if I profit more from using exchanges rather than refraining from using exchanges (and shying away from them).  I mentioned earlier that it is my belief that I am able to be more aggressive in regards to the amount of bitcoin that I hold because of my participation in various exchanges and services - and that maybe I would hold less than half (or maybe less than 1/3) the amount of BTC that I currently hold, if I were ONLY relying on long term cold storage.. and then maybe I would also be afraid to do anything with my BTC if I were not ongoingly practicing with them.. moving them around in various ways through participating in aspects of the BTC economy (to the extent that any such thing can be said to exist).

After this week’s monster move upward I’m a bit surprised we’re still holding near $30K. Barely a pullback at all from traders cashing in gains. This shows that the coins being scooped up are being held, likely by big banks, and likely to put in their funds that they will offer to investors. This could potentially be the most bullish phase of crypto, but also likely the most dangerous.

JayJuanGee is trying really hard to get behind the secret of me lucky charms...

As to the question of did I make a higher trading profit than him:

But why i can't participate in the pool about When will we see a new ATH in top page?

Is this because i m new account by 1 merit point?

Those fucks are so ongoingly arrogant... and it seems like the same kind of press that might come today.. especially a week ago...

Another thing is that even if they wish all that they like, if they want to stay somewhat relevant, they are never really going to be able to "say goodbye to bitcoin"... because bitcoin is going to continue to rear its ugly head.  over and over and over again.


You are pretty lame.  Preparing for UPpity does not necessarily mean selling all or most of your coins if the BTC price happens to go up, which largely indicates that you are valuing your wealth in dollars, and surely there is nothing wrong with dollars in the short term, but there is also a need to consider a variety of assets that a person holds - and the degree to which any trading might be applicable.

This here situation happened to be both a fluke and a windfall, and so there was a lot of free money that just was turned over to me.. as a kind of windfall bonus.  Do you know what a windfall bonus is?  In case you do not know, I will 'splain it for uie-pooie.  A windfall bonus is something that is extra that is thrown your way that you have not necessarily done much if any work or expectation to receive.. yet you still end up receiving it.  Many of us have had windfall bonuses at various points in time in our lives, some of them more signifiant than others.  It's like winning the lottery without necessarily realizing that you had a lottery ticket.


First off: I am not sad.  

Secondly:  Just for clarification, I said that the amount that I had on the exchange went from 2% of my holdings up to 5%  of my holdings based on this mistake that had occurred in my favor.  I would have had no reason to put 5% of my holdings on that particular exchange because of the ways that my sell orders (and my buy orders) had been set up based on my own deliberate actions.  I used to have quite a bit more BTC on the various exchanges that I use; however, in the last few years (actually starting from mid 2017), I increasingly moved more and more value off of exchanges, but I did not have that extra value in orders anyhow... so the fact that I moved it off, did not change the way that I structured my sell orders.


That's not a bad number.  I use other exchanges besides BinanceUS... but those were my largest sell orders out of the various places that I have preset sell orders.  I used to have an account on Coinbase, but they kicked me off a few years ago...and I did not persist in trying to get another one..  I adjusted in other ways.


You think that I need to learn how to put more value in those BTC sell orders?    You are so fiat focused, you likely don't even realize much of anything.  You are delusional (seemingly).   Did you check your blood sugars, recently?  You are getting so excited about some fantasy that you seem to have, no?

It seems that I did the opposite of what you are suggesting that I should do, and tentatively (at this point) I slightly reduced the sizes of my various BTC sell orders between $32,500-ish and $150k (they now allowed me to set my sell orders up to $150k), and part of the reason for my reducing my current BTC sell orders is that the filling of those sell orders from a couple of days ago, had already off-set quite a few of the little mistakes that I had made when I was creating some additional sell orders in the past few years (many of the lower sell orders (at least the ones below $100k) had been created in 2021.

So the fact that they all filled, I am put into even a better position than i had thought that I was... and I am not even saying that I was in any kind of bad position, but between about December 2021 and March 2022, there were some areas in which I had created relatively larger BTC sell orders in order to make up for some fiat that I had spent, but then the BTC price did not go back up, so those BTC sell orders did not get filled and they were just sitting on the books for the last couple of years and waiting for the BTC price to come to them (which it did in the last few days), and so any dilemmas that I had been feeling had been resolved (and even more than that) with the BTC price moving up..and then even an extra bonus with the BTC price mostly coming back down to the price ($28.8k-ish) in which it had started the whole process.  So it's almost a better position than anyone could expect.

Actually, when I describe how much I profited, it does not sound like very much.. when I am saying 1.5x of the holdings.. and going from 2% to 5%.. so maybe I increased my overall bitcoin portfolio holdings only 3% (and most of that still is in cash/USDT), but to me, the amount of quick and instant windfall profits feels like a lot.  

Nonetheless, when I had been further pondering about whether I might have profited more than goldkingcoiners with his 80x fat finger mistake, and I am starting to be willing to conceded that perhaps goldkingcoiner might have had profited more than me, relatively speaking.....does anyone just increase their holdings by 3% - after being in bitcoin for several years.  Sure when you are new, or a low coiner or a no coiner, then it is quite easy to increase your stash by a large amount in a short period of time.  However, it seems to me that goldkingcoiner did not reveal the maths (the particulars).. so we are not really going to ever know for sure (whether goldkingcoiner might have done better than yours truly) unless he discloses some of the details (if he can remember) a wee bit moar better.  

Peer pressure @goldkingcoiner.  Peer pressure.  Peer pressure.  Sharing is caring.  #justsaying.

https://youtu.be/WYJZ_oJdNX0

^THIS^

Millions of clickbait vids on this tragedy because of course there is. Now it's over, this one is my sentiments exactly.
15 minutes long so it pushes the bounds of attention span, but I highly recommend it.

Explanation
Chartbuddy thanks talkimg.com

They found a debris field in the hunt for the Titan submersible.

At least they died quick by the looks of it and the families can have closure if confirmed it is indeed the Titan later today.

I'll say it again; OceanGate was more reckless than the White Star Line.

Especially sad for the 19 year old student who studied at a British uni. RIP.

I know you won't keep your coins on any exchanges unless this is an amount you don't care about. I have used a few exchanges as well and I still do. I never been hacked or non of the exchanged freezer or seized my balance. So, you can consider me lucky as well.


Nah, Binance has a way better reputation than FTX. Binance becomes a giant exchange in the last few years. If somebody compares Binance with FTX; they don't know much about it. But since the platform is in question; I don't see any reason to use it with a large amount (At least for now) just sayin. Of course, everyone has their own Point of view and they might not agree with me.

I am sorry if that was offensive. Maybe because of the language barrier? I am not trying to be a smartass. Just curious about it. I know you are an old-timer Bitcoiner. You must have good experience with using various services. Still, if you choose to use a platform that is in question; of course it's up to you. Once again, If you felt offensive by the word I have used; I apologize for that.

Indeed.
For example, I’m aware of a guy that explored your asses, and then toured right up them!

#nohomo

---

The “Tourist syndrome” seems to be adjacent to the Stockholm syndrome, with the difference that it always comes with a bag of dildos and butt plugs included.
On the house of course, the end user does not have to pay for them.

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Regarding the Binance shenanigans … and JsnowG:

I made out bigly on that Binance flash pump.
My 10 doggie doo coins multiplied 10x. I immediately filled out appropriate paperwork to have them cashed out and have the evil fiat deposited in my criminal bankster account.
Yes, I kyc'ed myself and now my life is ruined, but I think it was well worth the effort.
After all, I got a free six pack out of the deal.
Now I gotta work on making sure those scamming bastard Ledger folks don't make off with all my remaining riches of various other airdropped shitcoins and the like.

Never said BTC was broken. But they will need to adjust fee system faster than many think.

I don't have any problem with yor starting out by saying that maybe 20% of the Bitcoin have been lost or that maybe the loss rate is more than 1% per year, but even if we go by that math, losing 1% per year does not mean that the bitcoin supply is going to zero.

you must not know maths.

You can continue to lose 1% per year and the number will never go to zero.. it just gets smaller and smaller and smaller, but it does not go to zero... even if we were to assume 1.5% instead of 1% per year.

In other words, the whole world economy could run on 1 BTC. or 1 Satoshi. .. just divide the units in order to allow it to be more liquid (able to be spread out).. yes we might have to go to sub-satoshis, so what does that mean?  Sucks to be a hodler?  I think not.

Bitcoin is not broken due to its fixed and even shrinking supply... so there is no reason to fix it, and there would have been no reason for satoshi to put in such a dumb, illogical and inconsistent fix that started to issue more bitcoin supply, even though no coiners and low coiners frequently whine about such issues - partly based on their having had not sufficiently/adequately stacked up sats at earlier dates (and lower prices).


This is so dumb that I am not even going to talk about it.

 


Still presuming that bitcoin's fix supply - and shrinking supply is a problem.



Not true.  You have bad maths... perhaps bad sciences, too?


What an imagination you have (a good thing?)




Not as urgent of a problem as you are making it out to be.

Maybe you and Philip need to team up?  Remember that Philip thinks that the mining reward crises is coming within the next few decades, too... perhaps in the 2056 time frame.. so surely bitcoin is broken, right?


Wow!!!!!

You are really going to town in terms of describing this matter as "urgent."  There must be some merit to your claims, no?  #askingforafriend

Explanation
Chartbuddy thanks talkimg.com