Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2445. (Read 26712378 times)

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Are there really people who are driving around THIS stupid??
https://twitter.com/ClownWorld_/status/1620856956729851906

 

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Cheer up bro. We all got a number.

Shell makes record $40bn in profits on back of surging gas prices
https://uk.yahoo.com/finance/news/shell-rakes-40bn-profits-back-071713614.html


Massive energy monopolies with everyone's household as some kind of Matrix style slave attached to them.

They tell us this profit is needed in order to re-invest. However reports state much of the Shell profit is going to stock purchases.

PLUS in the UK, no matter how much green energy was added, the energy prices were always linked to the highest commodity cost, which recently has been gas so what has green energy been of help for the paying consumer then? Nothing.

 

Energy companies & piss ass western governments: Scamming Cunts.

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we didn't have much bounces on the way down, so maybe we don't have much correction on the way up either

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One of These Things......

Sorry 😢

Yeah, but what does it mean?


There are a decent number of smart people who are saying that the bottom is likely in, but I am too much of a scaredy cat to make that kind of an assertion.. so yeah.. $30k would be good.. and surely, I have trouble even considering that the bottom is in prior to getting above the 200-week moving average, which is just a little below $25k currently.

I am the kind of guy that you should almost never listen to in terms of suggestions that the bottom is in.. (not that you were exactly asking this here cat.. but hey.. I like to chime in from time to time) because I need way too much confirmation.. so I surely tend to be a lagging indicator... .. likely similar claims that I make (while failing to make any claims) in regards to the opposite price direction tend to be true, too.


An actual sorcerer in the making.  did you throw a dart with a blindfold on, or was your predictive method less random?   I will admit that we surely are getting a decent amount of ongoing UPpity price pressures, especially since the fed rate announcement.


We refer to bitstamp in these here parts for 1) ease of reference, 2) clarity and perhaps 3) to minimize selective representations of BTC price performance/dynamics.. you dweeb,. and of course, you can refer to whatever you like if you are trying to make some kind of a fair point about what might be happening out there in bitcoinlandia, but if you are trying to spin some kind of bullshit, then it does not help your case if you are employing higher numbers for the mere sake of attempting to look like you are exaggerating less.. or to try to retroactively (or maybe even proactively?) back up your otherwise unsubstantiated claims.

Otherwise, I already responded to your other various points (to the extent you had any), but you did not say hardly shit in response to my points (except deflectively suggesting that I am trying to get you to conform.. blah blah blah) regarding your lack of a system and your seeming to want to retroactively assert that you have some kind of a systematic way of employing BTC buys (presumptively with the goal of establishing a decently strong BTC position) that is even close to as good as DCAing..... especially if we are referring to normies or generally applicable approaches to BTC accumulation..  but you want to just proclaim "BIG gulp" buying of BTC is supposedly possible to accomplish in terms of psychology and finances without giving any kind of guidance regarding how to do it, except perhaps suggesting "just buy BIG gulps whenever it feels like you are at a bottom in the BTC price" - something like 70% or more is how you measure that, right?  or it is just a feeling that the bottom is in.. right?

Where are your details?  I had already suggested that I would give you a budget of $5.2k per year for the last 9 years to work with.. what is so hard about that?  I showed you already how $5,200 per year could be employed through DCA to have gotten you about 45 BTC at $100 per week.. wham bam thank you ma'am.. easy peasy.. at least in the sense of not having to fuck around with trying to figure out complicated things related to BTC price moves, so that is $47k invested into BTC in total.  So when would have you bought with that budget and how would you have done it in a somewhat systematic and straight-forward kind of a way that would have beat DCA?  Go on.  Cooperate, at least a wee widdo moar better than your vague-ass references that everyone knows how to employ a "BIG gulp" buying methodologies that is preferable to DCA.. for sure, right?  You got some specifics with your BIG gulp theory that would not have resulted in either whimpiness or paralysis?  Let's buy 20 BTC and wait because we are too scared to buy anymore?  Is that how you would have done it?  Just wait for the BTC price to go up to $10million, and baaaam .. it all works?  Is that the method you are suggesting?

Waiting......    


Ok... fair enough.  I will hold back on my ongoing assertions that you are NOT cooperating.. for a few days.. if I can resist.. .hahahahha... #nohomo


Figures..

you seem to be making the same mistake that you made 11 years ago and at various points since then which largely rises t the level of insufficiently and inadequately preparing for UP, but hey.. you do you.  


Does not appear to be out of the question.. and surely we could spend a bit of time below the 200-week moving average before breaking above it, and there would not necessarily be resistance once we break above the 200-week moving average.. not that I know anything.. but sometimes the momentum of UP will build on itself and breaking above certain points makes it a bit more difficult to get the correction back down to where we had been previously.. not that it is impossible.. but sometimes we end up NOT returning to previous price ranges.. even though some folks speculate that it is inevitable that we will return to earlier prices.. and surely we have witnessed otherwise throughout bitcoin's history... such as breaking above $500 in May 2016 or breaking above $3k in August/September 2017... and other examples too.. but those two were pretty BIG.

Frequently, it can be difficult to see those threshold price points while we are within them (or if they are an actual thing).. until maybe 6 to 18 months.. or perhaps even longer at a later time we are able to see it....

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Positions being taken for the 2024 halvening? Could be a humdinger.

The Bitcoin market continues to show a great deal of strength. Just when it looked like it needed to take a breather and test some support, it starts to rally and jumps up another thousand per BTC. It seems like there is still a great deal of demand for coins and it’s anybody’s guess how long that’s going to last. It is nice to be moving away from $16K though.

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From my perspective, it almost looks like someone chasing a train and acting like everything is "fine"..

hahahahahahaha


Yes.. What else is new?  It's called pee pare ur lil selfie for either direction, we are not out of the woods yet... even though it's feeling good at the moment... no meaningful correction since $17k.. and I am sure there are several beartard betters getting nervous because they keep betting for DOWNity that doesn't happen, and they expect to be able to buy on the dip. and the dips are not happening. 

The same is try for all the supposed bulls who had sold BTC in order to buy back lower, and so they may have likely converted to a "buy on the dip" approach, but the price never seems to dip enough to trigger the buys that they should have been already been doing when we had so much time under $20k and they failed refused to buy.. and now those sub $20k prices are looking pretty fucking good...   Yeah.. you should have prepared a wee bit MOAR better for UP, and even though your preparation for DOWNity had been working so great for the past 6 months or whatever, it doesn't seem to be working so well in these times. We should always know that we should be sufficiently/adequately prepared for UP because UP can end up happening in such a way that does not really give any more chances to buy at the earlier low prices, even though there are lot's of normies saying, "anything that goes up must come down... blah blah blah"... seen it a million times in bitcoinlandia, and seen a lot of bitter no coiners develop from their failure/refusal to sufficiently/adequately pee pare their lil selfies for UP..


Maybe we go flat and maybe we don't?  Doesn't mean that our lil fiend is going to cooperate, does it?  Hopefully peeps are not putting too much weight into whatever desperate governments are doing in terms of their own preparations that include sufficient and adequate quantities of BTC that does not cause them to have to chase the BTC train at some date in which they should have bought more BTC at earlier times, and perhaps they should not have sold BTC with an expectation to buy back lower that may or may not happen.

We are just getting back to the 200-week moving average.. but sure, we are still below it.. so what does that  mean? 

Seems to mean that we are still quite low in our BTC prices, even though we have various desperate government actors (and financial institutions) that would prefer to keep this bad boy down.. which sure they might be able to do it, but I would not bet too much on those kinds of downity or flat circumstances when it comes to king daddy..

#Bitcoin    is a journey.



https://twitter.com/TheBTCTherapist/status/1620860073735258114?t=mjdqH0t0q_0cCWOQKz4x-Q&s=19