Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2249. (Read 26610987 times)

legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Of course it will shatter the hopes of many long term hodlers as well...  but we know, badger don't give a fuck about our feeewlings 

wut?

long term hodlers dont use hope as a stratagy.  we know how good the corn is and have proved it.. or we would not hodle through ~70k with a relaxed smile.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3780
Merit: 5429
The Meta Quest 2 VR looked good but I must admit I got quite bored with VR on a cheap Oculus Go after 4-6 months and that was with the best quality VR Porn available to mankind. I doubt ANYTHING else would want me to put on a headset on a more regular basis.
Anyone curious should try it but again it's just not going to be lifestyle changing at all I would say.

IMO, VR and VR games are the most over-hyped "next big thing" going today. (well, next to folding screen smartphones anyway)

I imagine that a lot of people get FOMO'ed into buying the expensive VR gear, setting it up, play a few games a few times, and then after all the newness hype wears off....the gear sits gathering dust in the corner, as they go back to playing regular console or PC games again. Then eventually they sell their gear on EBay at a loss.
legendary
Activity: 3780
Merit: 5429
Well well well, when the Fed raises the cost for start ups and corporations to borrow cheap debt, stocks crash, people get laid off en masse, and the world economies go to shit.

Oh my, who woulda thunk it?  Roll Eyes

It's almost like...the world economies' corporations are completely subsidized now because they can't make a profit anymore? Who knew? /s
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
I'm still struggling with my dads ilnesses. Too bad that Bitcoin is crashing and I have no comfort in it. I'm spending like crazy these months for everything that I want. It is just a mood I've never been before. I know that the price is good for buying, but I'm deep under water regarding monthly fiat income. I will keep my main stash intact, only spending what I need to buy something. And "need" is a strong word. For example why on earth I decided to buy Meta Quest 2 VR only to play Star Wars Squadrons, provided I had the game for 2 years and barely played it? And why I bought apple airpods 1 (real) and 2 (fake) only to decide to buy pro 2 (real). I don't even have iphone or ipad to use them properly. I'm a fan of Samsung - with Galaxy tab s7+ and s23 ultra recently bought, I'm quite satisfied.

tl;sr. May be later this year the DCA mood will return again, but not now. Roll Eyes

Sending best wishes to your dad.


Only buy what you need. Don't look at what others have or what they tell you to buy. Forget about the whole "this product will give you that lifestyle etc." It's all a load of BS.


Maybe it's an age thing but what I've been doing...

I'm still driving my 7 year old car, it should have plenty of life left.
Sure I wanted a Tesla in the past but there is no need for one, only a massive monthly bill and will only complicate my driving, I still pull away at traffic lights faster than almost anyone else with my old vehicle, thus I don't need a Musk car.

I'm still using my 7 year old 1080p projector with surround system I got at the time. Only recently changed the stock bulb for the first time. A minimal cost.
Sure I'd love a massive 8K LG Oled but it will only cause lots of problems I reckon and is an enormous cost and my screen size would in fact be reduced. Most of the movies I've seen in the cinema were never 4K (mostly 2K I believe) and isn't OLED either, so who the F cares anyway. The projector I have you can buy on eBay for less than £500.
I massively enjoyed Stranger Things recently. I'd watch it again. Still enjoy some older games, new tracks on Mario Kart 8.

I spent £120 on a Marshall Major IV bluetooth headset last year. Best headphones I've owned. When charged they last for hours and hours. Clearer than Beyerdynamic DT 770 80 Ohm I've owned for years.
Amazing value. I don't care how it looks when I'm walking through town. In ear headphones suck donkey balls in my opinion. Can't hear a thing.

The Meta Quest 2 VR looked good but I must admit I got quite bored with VR on a cheap Oculus Go after 4-6 months and that was with the best quality VR Porn available to mankind. I doubt ANYTHING else would want me to put on a headset on a more regular basis.
Anyone curious should try it but again it's just not going to be lifestyle changing at all I would say.

legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
hero member
Activity: 938
Merit: 1891
bitcoin retard
Quote
An explainer on what is going on with Silicon Valley Bank:

- In 2021 SVB saw a mass influx in deposits, which jumped from $61.76bn at the end of 2019 to $189.20bn at the end of 2021.

- As deposits grew, SVB could not grow their loan book fast enough to generate the yield they wanted to see on this capital. As a result, they purchased a large amount (over $80bn!) in mortgage backed securities (MBS) with these deposits for their hold-to-maturity (HTM) portfolio.

- 97% of these MBS were 10+ year duration, with a weighted average yield of 1.56%.

- The issue is that as the Fed raised interest rates in 2022 and continued to do so through 2023, the value of SVB’s MBS plummeted. This is because investors can now purchase long-duration "risk-free" bonds from the Fed at a 2.5x higher yield.

- This is not a liquidity issue as long as SVB maintains their deposits, since these securities will pay out more than they cost eventually.

- However, yesterday afternoon, SVB announced that they had sold $21bn of their Available For Sale (AFS) securities at a $1.8bn loss, and were raising another $2.25bn in equity and debt. This came as a surprise to investors, who were under the impression that SVB had enough liquidity to avoid selling their AFS portfolio.

https://twitter.com/jamiequint/status/1633956163565002752




....as philipma1957 said on other occasions, seems bonds continue to damage Bitcoin price... if my retard brain understands it correctly


legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard

Nothing changed
https://twitter.com/888Velvet/status/1634180495792656384



if it holds, we will be in a better place by end of '23
legendary
Activity: 1722
Merit: 2213
Early days, but looking good so far. Nice reaction on 4hr from re-testing 200 Day MA at $19.7K. Personally this was always the key to turning $19K to $20K into new support after 50 & 200 DMA golden cross.

If there was no immediate reaction around this price range, I'd be genuinely concerned that we go much lower, but so far all panning out as expected imo (most likely outcome).





Finding buyers under $20K? ✅ Boncing from 200 Day MA? ✅ Bouncing from 0.382 fib ✅ Bouncing from 20 Week MA ✅
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
I'm still struggling with my dads ilnesses. Too bad that Bitcoin is crashing and I have no comfort in it. I'm spending like crazy these months for everything that I want. It is just a mood I've never been before. I know that the price is good for buying, but I'm deep under water regarding monthly fiat income. I will keep my main stash intact, only spending what I need to buy something. And "need" is a strong word. For example why on earth I decided to buy Meta Quest 2 VR only to play Star Wars Squadrons, provided I had the game for 2 years and barely played it? And why I bought apple airpods 1 (real) and 2 (fake) only to decide to buy pro 2 (real). I don't even have iphone or ipad to use them properly. I'm a fan of Samsung - with Galaxy tab s7+ and s23 ultra recently bought, I'm quite satisfied.

tl;sr. May be later this year the DCA mood will return again, but not now. Roll Eyes
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2050
Merit: 1184
Never selling
Now that the criminal banks are starting to collapse, this economic trend is starting to echo the whole 2007-2008-2009 period.

Surely that can only only be good for the one viable ALTERNATIVE decentralised trustworthy money system: BTC since fiat is and can be controlled by too many criminal enterprises, criminal central banks and criminal governments.


For sure, but we might have to crash before hand just like during the Covid crash. Anyone who has dry powder should be getting it ready.
legendary
Activity: 2050
Merit: 1184
Never selling
Looks like the march candle wants to eat itself up. Seems like a good buying opportunity to me.

edit: Price is touching the weekly golden Fibonacci ratio too.

Looks like a good time to buy to me too. But, traditional markets appear like they are going to shit the bed so they'll probably take us down with them.
legendary
Activity: 2268
Merit: 2050
A Bitcoiner chooses. A slave obeys.
Looks like the march candle wants to eat itself up. Seems like a good buying opportunity to me.

edit: Price is touching the weekly golden Fibonacci ratio too.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard
the good thing about this bear is that, like all previous ones, it will probably shatter the hopes of most short-term fortune hunters (including many of these "crypto" companies) and in that way clear the road for the next bullrun

Of course it will shatter the hopes of many long term hodlers as well...  but we know, badger don't give a fuck about our feeewlings  
full member
Activity: 868
Merit: 202
Bitcoin CEO is the best… he launched a new bitcoin ad

https://www.reddit.com/r/Bitcoin/comments/11n7b1a/new_bitcoin_ad_just_dropped/

The ad looks much better with the Bitcoin logo at the end of the video  Cheesy
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