Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2878. (Read 26718302 times)

Just playing solitaire I am banking sats every day!



They also have a bubble game, and snake, and another one... 

Don't do this whatever you do.

Explanation

Source: Twitter

If you think about National domination strategies, there are not desires that the "world does good," but instead desires that who is on top stays on top, so it might be the "best" or at least "better" of strategies that they believe is in the best interests of their desires to attempt to continue to maintain the status quo as best as they can.. and hoping that it does not blow up on them to have value to gravitate into the dollar.. fuck the rest..

I am not saying that I agree with such strategy. ... but just attempting to acknowledge what might be happening.. and.. everyone (all currencies) are in shitty status.. and what other choice would you suggest?  Adopting bitcon might not be a bad strategy.. but they would have to do that on the side rather than outright saying that is what they are doing.


I do see that there is a genuine (or is it on purpose?) mistake in the image that says "Half" rather than "Hal"


but still......




You had to go there, didn't you Homer.. the practical joker?



In other words, you seem to be lowering the bar to potentially suggest that Hal Finney might not have had been real?

 

ok....10am stretch....everyone UP!

drop and give me 10 planks


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this PSA is brought to you by the GAINZ Corp - Eating brains since 2013




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Explanation

Exactly. If a sudden crash happens recovery will also be very quick. We could see exchanges shut down withdrawals and deposits of assets for overwhelming traffic who will be primarily buyers. That crash is also necessary to liquidate all future long positions. Most people certainly believe this is the bottom and BTC will not crash below that. Many already have opened up high-leverage future positions and exchange will surely liquidate those contracts. Also, that last suicidal dive also meaning of the end of the bear. The market will again gain momentum.

the morning wall report

whew...where to start....markets appear rattled...again...only way to describe it i think
the sacking of Truss is now being felt on the Pound...shedding some of its gains this week
EU in talks last night of fixing gas prices for the winter...seems to have stalled out for now
bond market in the US still showing inversion and crazy yields...that bubble go pop soon methinks
the US deficit fell by over 1.5 trillion dollars...the largest reduction ever....but with trillions still outstanding.....meh
this was accomplished with the highest tax revenue year ever seen by the IRS...unsurprised at that

bitcoin
showing some amazing stability through this turbulent global market
not sure if its fear, a lack of a better place to be or just downright patience...pretty good look through all of this imo
i do think this range is going to change soon with the market showing faint signs of being oversold
fed meeting Nov 1-2?   ...expecting a 75bps hike again...with perhaps some change in Dec.....if the market continues having a snit...doubt that meself
its going to be a long 12-14 months to get into 2024 i think
stack sats...remain humble and dyor

and on top of all that....does inflation actually go away?....ive never seen prices ever go back to what they were before downturns
EVER
you acclimate to the new pricing and continue on as best you can
the whole system is so rigged i just want to puke sometimes

bitcoin fixes this
stronghands

a content creator

old but gold

Explanation

This is my thinking.

We haven’t seen enough pain. I don’t see enough panic & devastation, depression etc. I don’t think the bottom is in but I am happy to be wrong.

A kamikaze dive to $14,000 seems likely. A brief suicidal dive to new lows followed by a fairly quick recovery.

I chose this one, so far we really enjoy the discounted price to collect bits and pieces of Bitcoin and accumulate it in the wallet.

Bitcoin is available at a discounted price in the range of US$19k, this price sounds cheap, but not as cheap as one might think. After a bearish cycle we will see Bitcoin go back up and we have seen this moment many times before.
Get ready to put money in a sack once the bitcoins are back where they belong.

Thanks Paashaas!

Always refreshing to have a nice dose of hopium in the morning

actually it shouldn't surprise anyone, if that happens.

...they talked about their Great Reset plan endlessly.

Explanation

Image link


Found this, hahaha...It is so difficult to stay without checking on the price.

https://twitter.com/CryptoNoob_1/status/1583417499793887232

Explanation

No, you are not the only one having that feeling. I also looked at the previous chart to find a clue as to whether is this the bottom or not. One thing I noticed in every bear cycle is that BTC prices never stayed at their bottom for a long time. This indicates that this is not the bottom. We are between 22k to 18k for a very long time and I have a feeling that more dip is ahead. There is a negative and a positive side to it.

Negative: Another major crash ahead.
Positive: End of the bear market.