Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24. (Read 26409427 times)

Asia is selling.

Miners are selling.

German govement starts selling when markets open up.

Followed by Wallstreet shorting later this day.

Down $10.000 from $72.000 will drop with another $10.000.

It doesn't matter if Saylor or that Dell billionair buying thousands of coins.

Explanation
Chartbuddy thanks talkimg.com

Hash rate decreasing,
Miners selling their Bitcoin,
Make it stop please God.


- Bitcoin Dumping Haiku -

Explanation
Chartbuddy thanks talkimg.com

Interesting.

I think there may well be some guys (maybe included in this thread) who might not realize that they are in a better place than they might believe themselves to be - even though I have no problem with the idea of conservativism or even over-conservativism, up to a point.

An interesting thing about the past 4-ish months is that the BTC price has largely been stuck in the $55k to $82k range (yeah, I know that we have not gotten above the March 13th $73,794.. but still largely we are stuck in a range for around 4-months-ish.. and yeah, such range could last a bit longer.  Maybe even another 4 months-ish.. perhaps? perhaps?

At the same time, the 200-WMA has gone up from $31,284 to currently right around $36,179... so gosh, from my perspective the value of our stashes has gone up right around a solid 14%-ish in just 4 months, but that is not even nothing new to be getting somewhere in the ballpark of 40% per year-ish.

Go ahead AlcoHoDl, you can withdraw 10%-ish per year and not even have to worry, and 10% per year is likely meaning that you have way more bitcoin than you need since you probably will not even need to come anywhere close to withdrawing 10% per year and still likely able to pay yourself more than your current income.. but yeah, I know that a BIG stickler for a lot of folks is health care (or health insurance), which seems to keep a lot of us employed way longer than we would like to be.


I am surely not unhappy with current prices, even though surely many of us were thinking that the UPwards movement would play out a bit more rapidly, but hey, bitcoin does what it is going to do.. so yeah, good for any of us who might still have money to be buying on the way down, even if we might have had been preferring UPpity.


Well, I would think that any of us who had been in bitcoin for around 4-ish years or more have benefited from our step up from our then consolidation below $10k-ish, so largely we have around a 6x step-up that is likely not going to go back.. yeah, in 2022 there was a bit of testing of those pre-2020 prices, but we still seem to be on pretty solid grounds, even if we might get some more correction from here.. many of us folks have already enjoyed the benefits of our 2021 step up.. and yeah, maybe we will be getting more step ups in our value, but we cannot necessarily sit back and expect such step ups to just happen without a bit of drama and likely suffering along the way... not all of us who hold coins are going to be able to go with the next step up.. whether that is this year, next year or some later point.. we  cannot really know, and we cannot even expect that the step-ups have to happen, even if we likely are justified to continue to retain and maintain a certain amount of our value in the cornz.


That is another good way of putting it.  Bitcoin should be in the green for many of us, even if there may well be some of us who are still in our accumulation stages, so we might not feel as relaxed, but we still may well need to continue to accumulate even though when we buy BTC we are raising our average cost per BTC - which just means that we are in profits.. and gosh I would think that guys who have been in as long as aesma, which is similar to me, would likely still have costs that are in the 4 digits rather than 5 digits, even though surely mistakes were likely made along the way, and surely over the years, aesma had mentioned some of his mistakes including that he may well still be accumulating bitcoin or at least maybe it seems that he might be accumulating on the dip, if he remains worried about prices going down rather than up.


Of course, people who are low coiners, no coiners or are pretty early in their bitcoin accumulation journey, they are going to be happy with BTC prices going down, in part because they hardly have any coins...

so your comment about everyone being different seems to ignore some of the main context, especially in a thread like this where there should be a bit of a presumption that longer term forum members have probably accumulated some corn by now, so many of us are not so excited about the BTC price going down, even though some of us are still trying to make the best out of such unfortunate downity price actions when they do happen to happen... which seems to be where we have been for the last 2-ish weeks (a bit of a correction or maybe just consolidation within a range that is not yet too exciting but getting a few members worked up for an expectation to be going up at some point)... even though surely we have seen 4 months of consolidation previously, if we might want to consider our current BTC price location as a kind of consolidation area.

You know... He may be good, but something about his looks is a bit off-putting to me.

He just looks too happy/smiling to be a Bond. The role needs a mean/serious Brit. IMHO.

Looking for a long streak I guess.

I hope we see the market flip soon. I understand we have to go down far enough to kill the leveraged longs and scare out the weak hands, but I like it better when we’re punishing the shorts like a cross country car ride after judging a southern chili contest.

Explanation
Chartbuddy thanks talkimg.com

Explanation
Chartbuddy thanks talkimg.com

Another day, another thousand dollars.

Edit: Spoke too soon. Maybe two.

The main reason is my job, I can't do it from another country, and the skills aren't very useful to do something else. I'm in IT but I'm not a programmer.

I plan to leave when I no longer need to work, hence the importance of BTC price. I got my first BTC in 2013 but there has been ups and downs, I wasn't always a hodler, and when I started I was very poor so I didn't get a lot of coins despite the low price. In fact I didn't buy any coins initially, I mined LTC and converted them into BTC.

Do you have a job ?

Explanation
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setup for 62.1k 61.9k 61.5k 61.1k


small pieces.

Explanation
Chartbuddy thanks talkimg.com

Why staying in France ? I mean I love France but only to focus on the good sides (family/ friends/ gastronomy-wine- 'art de vivre' / landscape...), let's say 4-8 weeks maximum a year..

If you made very 'decent' money from business and/or investments (i saw you are on this forum since 2014), why to stay in a country with so insane taxes, more and more unsafe (this is probably same topic for all western Europe, except Portugal and nordic countries), bad mood, jealousy regarding success/money...
Rich people leave, and we welcome misery by paying them every month for nothing and they make trouble.

This country has been leveled down for too long...

Personally I left France in 2013 at 27yo, and I don't regret at all my choice, never until now. You can set up more decent life abroad thana  full time in France, with like 2 bases outside France (or 1 or 3+... depend your lifestyle and flexibility) and enjoying the best of everything (low tax or tax free / better lifestyle / better weather / more safe and good vibes around).

However if you are depends of a local job and/or married with kids, sure it's bit more of organization..

got some at 62.9k

need to setup a lower ladder soon. 🔜

The digest nearly made me miss this one. I tend to skip them
Thanks to the dude for making me notice with his quote!




+1 WOsMerit
Here, I appreciated the brazen shamelessness