Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3371. (Read 26714892 times)

Bitcoin’s energy use causes global warming.  /s (A warning only necessary because “welcome to the Internet”.)

Explanation

AND andy warhol is a stupid scam?

his campbell soup series of paintings have made serious money and still do.

Well you and I both did buys under 19k

I got in three times.

19.7
18.9
17.7

I will decide next purchase soon.

What is nice is I created solid cap gain losses in eth ltc and doge three of the four coins I mine.

As I mine them the rest of the year I can sell the. and disregard any and all cap gain gains they may do.

Then load up on btc . I should  have a good amount of btc by years end.

I trust a mathematically sound currency of which there are less than 21 million main units available over ones that keep getting inflated in supply.

The latter then need humans tampering with and make people poorer just because too much supply was added in a short time by those same humans.

 

Explanation

Lol its still over $500  what's all that fuss about?

It seems like every bear market, the fear and whining and doom-and-gloom is exactly the same.

Guess I shouldn't tell them about that time I bought some bitcoin at $1000, and it fell all the way to $230.

Oh, woe is me.  

Bear trolls swarmed the WO at the bottom of the market (just like now) saying "cheap coins!" and it's "going to crash to $50" and "this time it's different tho".

Does no one study the past anymore??

Patterns of observation are your friend.  

Actually.. I am well on the way to recovering it all  (hope I did not just jinx it).  The CL node (jeed) was able to be restored from a backup created by the backup plugin right before the SSD went south.   Even our channel is back up and connected.

The LND node (deej) is still in limbo.  So I am using the seed+SCB restoration method.  What that does is scans through the whole blockchain from the birthday of the node (11/19) and that is taking forever.  But all the transactions are trickling in.  Once that is done the Static Channel Backup file is loaded and all the channels are just closed.

So the sad part is my older BOS ranked node is badly wounded.  BUT I am hopefull I will gather up all the funds on chain sometime today.

The question is... do I want to set channels back up on that thing?  Or throw the rPi into the volcano after moving all the corn back to cold storage.

For some reason (insanity?) a am considering  setting up a set of fewer but larger channels on the node and keeping it going...  

My version of titanium plates, I suppose.

Yeah bro. Was very sad to learn about that.

So, total loss for that one node confirmed, or did it end up recovering after all?

Explanation

I recommend putting a few coins on a lightning node and then throwing the SSD into a volcano.  That's what I did, and it puts things in perspective.

But I also have noticed there are a lot of "this time it's different" (in a bad way) and it might take 10 years to recover from this type stuff out there.  More than I remember in the past crashes.

That said.. I would love for my little FIB bottom prediction to have been right.  Looks pretty good so far.  The variables are just so interesting.  What is going to happen in the world markets... energy, food, real estate?  Are interest rates going to keep going up (yes)? Will Bitcoin ever begin to really step into it's safe haven role and decouple from the tech markets?  It really is hard to see what might be around the corner, obviously.  Volume impressive for a weekend.  RSI near all time low on several timeframes...
Who knows?



For me technical analysis vs fundamentals are an interesting way to view markets.  A fib extension and low RSI is compelling, but what if stonks start dumping extra hard on Monday?  Then what?  What about all the necessary liquidations of things like FTX Celsious et al.

This is happening faster than I thought it would.  I figured we would go up further before we starting seeing Bitcoin PUNISH the people who play games on paper.  It's Satoshis bit about being able to be "moved on a communications channel" playing out.  They are trying to play Fiat games with a rock hard asset.  And we all get to experience pain because of their stupid games.



This asshole is a pox on Bitcoin.  He does not understand why it is important, and has built the same sort of garbage that Armstrong and others have pushed on us. 

I hope they are crushed in this event.


***LAST EDIT***
 
Nice to see this run on 20k.  Not enough volume yet to really get excited about it, and I expect we will see the price rejected here.  But if we dont?

As I catch up with the WO thread, I just have to shake my head in disgust at all the pusillanimity.

You dudes need to punch yourselves in the nuts WAY more often.

But did the loss was total?? Or they are just saying that numbers on the screen go down so they assume they lost BTCiTcoin?? Cuz 1 BTCtC is still == with 1 BTCtC.            

OH MY GOD!  IT'S DEAD!

Explanation

but what comes after a crypto Ice Age?