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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3359. (Read 26714992 times)

member
Activity: 65
Merit: 121

Dude on the move….

Where this is?

First one first boosted….

Changi Airport Terminal 1

Correct

Thanks for the boost. Now I can do some meriting with my usual lurking  Smiley
hero member
Activity: 938
Merit: 1891
bitcoin retard
Is it just me or price looking promising? Yesterday closed a 3 Day doji reversal candle, highest green volume candle in over a year on this time-frame, during a 3 day weekend none the less.



On the 1 hr, price has broken out of it's short-term resistance downtrend, is consolidating at previous support (as opposed to getting rejected) and closing candles above the 200 MA. Looks trade-able to the upside again.



If this is a V-shaped recovery, then the target would be around $25.5K it seems, another 20% to the upside. Breaking back above the 200WMA would likely lead to such an increase imo.

Edit: Price is also currently attempting to leave oversold conditions on the Daily chart, which usually leads to a 10-25% increase to the upside, even if not necessarily marking the lows.



It's time to see where this dead cat bounce leads us to  Smiley

Thanks. Nice analysis as always!
hero member
Activity: 938
Merit: 1891
bitcoin retard
Creating the biggest platform for scam-tokens and then talk about how harmful it is to mislead people Roll Eyes

What an ass


VB and CW should marry.. they'll get along well



"Stock-to-flow is really not looking good now.
I know it's impolite to gloat and all that, but I think financial models that give people a false sense of certainty and predestination that number-will-go-up are harmful and deserve all the mockery they get."

https://twitter.com/VitalikButerin/status/1539167095312850944
member
Activity: 112
Merit: 83
Well some dust settled. I sold a piece of gear and we rallied. Have to ship it out today.  Off to fedex and hoping the hot danish blonde is working today. Grin


What else is new the 280kwatt solar array is moving along in Clifton. Late July or mid August for it to be making 70k of "free" power. note quotes as free is one way to account for its costs there are other ways and it could be considered 4 cent power the other way. or even 8 cent power a third way.

4 cent is most accurate I guess.

Have to decide next expansion of gear for the mine. Can't get a good price on used s17's so far.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.


Dude on the move….

Where this is?

First one first boosted….

Changi Airport Terminal 1

Correct
legendary
Activity: 1722
Merit: 2213
Is it just me or price looking promising? Yesterday closed a 3 Day doji reversal candle, highest green volume candle in over a year on this time-frame, during a 3 day weekend none the less.



On the 1 hr, price has broken out of it's short-term resistance downtrend, is consolidating at previous support (as opposed to getting rejected) and closing candles above the 200 MA. Looks trade-able to the upside again.



If this is a V-shaped recovery, then the target would be around $25.5K it seems, another 20% to the upside. Breaking back above the 200WMA would likely lead to such an increase imo.

Edit: Price is also currently attempting to leave oversold conditions on the Daily chart, which usually leads to a 10-25% increase to the upside, even if not necessarily marking the lows.



It's time to see where this dead cat bounce leads us to  Smiley
legendary
Activity: 3808
Merit: 7912
Bitcoin is restoring it self. And will Boom like this.

https://mobile.twitter.com/TruthRaiderHQ/status/1538778699595661314

 Nice!  Looks like fun too.



NB this is much smaller than the original video.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2114
Merit: 1323
Bitcoin needs you!
copper member
Activity: 1512
Merit: 1651
Bitcoin Bottom was at $15.4k
JJG is a veteran while death_wish is a newcomer Tongue

It's JJG himself on his alt....
full member
Activity: 1680
Merit: 169
Buzz App - Spin wheel, farm rewards
I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities.  (To put the matter “diplomatically”.)

And I think that all of us can more or less agree that you are the mindrust for this season.

Bro got lyrical r@ped. I don't care what you and JJG think about someone's abilities.
Just shut the F up and clean the thread for others to enjoy. Enough of your "WHO WILL POST THE LONGER PARAGRAPHS" competition.

JJG is a veteran while death_wish is a newcomer Tongue

salute to both of them
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?


And I think that all of us can more or less agree that you are the mindrust for this season.

Enough of your "WHO WILL POST THE LONGER PARAGRAPHS" competition.


JJG vs DW

RIP my scrollwheel

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
copper member
Activity: 1512
Merit: 1651
Bitcoin Bottom was at $15.4k
I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities.  (To put the matter “diplomatically”.)

And I think that all of us can more or less agree that you are the mindrust for this season.

Bro got lyrical r@ped. I don't care what you and JJG think about someone's abilities.
Just shut the F up and clean the thread for others to enjoy. Enough of your "WHO WILL POST THE LONGER PARAGRAPHS" competition.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities.  (To put the matter “diplomatically”.)

And I think that all of us can more or less agree that you are the mindrust for this season.

If we broaden the definition, or create a new trophy entirely...

Particularly considering this theme of this cycle:

The ridonkulous leverage bart and debartening.
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities.  (To put the matter “diplomatically”.)

And I think that all of us can more or less agree that you are the mindrust for this season.

I beg to differ, losing the stash due to margin gambling is a whole new level of mindrusting compared to selling the bottom and exiting the market without loss (IIRC mindrust even made a small gain or at least no loss). Maybe the term mindrust2ing would be appropriate for leveraged gambling?

mindrust did take a loss.  I quoted this in one of my earlier posts.  Obviously, in $ terms, he took orders of magnitude less loss than I did.

Note that although I had less BTC than he dumped in March 2020, the total $ market value of all the assets I lost was much, much more than his BTC were worth in March 2020.  (Multiply by x; I do not want to give exact numbers.)  Accordingly, I consider his voluntarily self-inflicted loss greater than mine; but most people would consider my loss much greater than his.

I didn’t panic and decide that I wanted fiat more than BTC.  I didn’t fear that BTC may “go to zero”, which mindrust explicitly said multiple times.  I did something foolish that got me trapped, spent months clinging to my BTC while bleeding and sacrificing other assets, then wound up crushed with 0.05 BTC and, at present, $0.28 in USDT plus about enough money in the bank to pay food and household bills for a month.  I do still have some alts; I intend to liquidate some of them to BTC when the market recovers.  (BTC is down, but alts are down more.)

I have repeatedly expressed my negative opinions of mindrust, and stated that if I were to mindrust (i.e., voluntarily panic-dump my BTC in a crash), then I would assuredly kill myself.  Not a joke.

In February's worst crash, a trusted friend advised me to exit at $35k with whatever BTC I could recover - just in case we dropped low enough to wipe me out.  I replied that if I were to dump my BTC at $35k, and it turned out to be unnecessary, then I would kill myself.  I meant that seriously; I was not just joking about it, as I am now (for the moment).  In February, not dumping turned out to be the correct choice.  Before today, I never sold even one satoshi for dollars (other than spending in normal use of Bitcoin as money).

[...]

So, bearing in mind that I am not strictly rational about BTC in the sense of "an economically rational actor", what is the least-bad choice?

mindrust myself out?  As my friend argued, the difference is that mindrust was trying to save his worthless fiat shitcoins; he was at no risk, as long as 1 BTC = 1 BTC.  I am trying to save bitcoins, not dollars; and I would sell the least necessary to free up whatever little bit remains.  I calculate PnL in BTC, not USD.  Though having dollars is nice, because it means I can look for a good opportunity to cash out to BTC.  Anyway, this option potentially carries a very expensive cost externality, as aforesaid; but I do consider all options, even the ones I immediately reject.

Keep scraping along, searching for the bottom?  I can currently survive down to about $29,200; [...]


Though in my opinion, they both deserve great credit for speaking so candidly about it and letting people learn from their mistakes, many of us probably fucked up badly at one point or another and (at least w/r to me it's the case) stayed silent so to not look dumb. We don't know how many diamond hands mindrusts story created, but I bet there are quite a few pairs of them. At least mine got definitely harder from it. And that's good me thinks.

Thanks.


Other replies will need to wait.  I am spending too much time here, when I should be doing something about my lack of BTC and lack of BTC-buying funds.
hero member
Activity: 1022
Merit: 600
https://cointelegraph.com/news/that-s-not-hodling-over-50-of-bitcoin-addresses-still-in-profit
Over 50 percent of Bitcoin address still in profit - i.e 56.2% Address still worth more in United States dollars as at June.20.2022 than when Bitcoin entered the address.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 168
Merit: 421
武士道
Petition to get JJG and death_wish to discuss and sort their stuff in their DMs.

+1 merit to agree, +10 merit to disagree.

Starts now. Tongue
Sadly i dont have 10 merits to give.
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