Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3515. (Read 26611006 times)

Explanation

Bitcoin price 2018 and 2019 sticked for 10,000 thousand for long time before it moved on to the 20,000 thousand and above. I guess that the falling will never reach to 10,000 thousands again. Since it approaches to 28,000 thousand, i want to asked why is it that the regulations of bitcoin decreasing since this year is some thing different from other years experience. Because since this year started what we are experiencing is decrement and no increment. The falling closed every body's mouth, what is the caused?

To be fair, past capitulation events took months to recover, going sideways for what seemed like forever.

Also, I guess no one wants to discuss that this crash was completely manufactured, not organic, because the insiders had to run a scam to force TerraLuna to dump billions of $$$ worth of btc to even get where we are now?

Funny how the Bitcoin market insiders have now moved on from such simple tactics like just posting bad FUD news ("China bans bitcoin!"). Now they have to run a scam to actually force liquidation in order to create a crash, because without it the market wouldn't move much on just FUD alone.

Hilarious.

This whole thing could have just been an elaborate setup.

"Hey, let's create a shell company disguised as a new shitcoin, buy a billion worth of btc because 'reasons', only to dump them all later when we are ready to crash and short the market. Then we will say that we got played by smart hackers. The n00bs will be shocked and surprised, and will completely believe the narrative!"

Best quote "Bitcoin is not crypto"

Funniest quote i've read today.... which also sums it all up!

LUNA just diarrhea all over their holders and is cleaning the mess up, by urinating on them!

Promise people 20% return and you get nothing! but have a nice website with a youtube video and watch the money flow in!

Minting and Burning and Burning and Minting.. what a fucking croc of shit!

In a nutshell, what all these scams/shitcoins are saying is, you didn't get in early on Bitcoin and have missed the boat and some of us here in the dev team have also missed the boat, but we are going to create a scam where you have a chance to get on the boat again! (just remember to get on the one lifeboat, before this ship sinks)

One thing I have learnt in life, there are some stupid people out there!

Either this Matrix we are living in has a bug/programing error or evolution/natural selection isn't generating the kind of results we(intelligent?) are after!

I am leaning towards the latter!

OK...

For this to look like our pukey capitulation event, I think we need to get well up over that 32k area pretty quick...  If we keep following this downward trendline I do NOT see how we can be done yet.  And I do not expect we should see this take super long.


Too bad we are going into a weekend too, though at least maybe the mempool will clear out a little.

Speaking of which, I think several things are going on there.  Some consolidation transactions for example.  But it would be nice for some of the on chain guys to talk about where this traffic is going.  Is all that stuff BTC flowing TO exchanges?  Or more FROM?  I suppose I am afrid it's people lining up with the whole intent of getting out of Bitcoin just like the markets and taking whatever gains or losses they have at this point.

Of course we would all rather it be folks pulling coins into cold storage.  right?

I'm sure that OG Bitcoiners who have tens of millions $$$ of pre-fork btc have been selling off the forkcoins over the years to pay for expenses, all the while retaining their btc as wealth.

I wonder if the idiot forkcoiners ever considered that as a constant attack vector. Probably didn't, as they have few brain cells.

more or less.


we call it crapto now.

Hey ho!
Is it christmas already?
Long time no read here at WO 

I'm curious: who here still has those shitcoins? I can imagine many HODLers never touched their Bitcoin, so all Forkcoins are still in there. What better way to get even than to dump them?

Explanation

I thought the 2 terms were already interchangeable.

Bitcoin pumping Being .Today Bitcoin price $30.5k.

I say we rename shitcoins to crapto.

WOW!  

I imagine all the crypto-bro incels are either in rapture when they see Natalie Brunell, or very frustrated that someone as pretty as her is so articulate in this arena... But she just KILLS this little segment on Tucker.

https://twitter.com/noisevault/status/1525101604931764230?s=20&t=YhwAjEH9W3DMjjYqjGnZKw

She does make a teeny verbal slip, sadly... but otherwise such a great job explaining to the masses what is important about Bitcoin, and what is actually happening in the world of money right now.



(also does Tucker sit in front of the mirror and practice whatever that face is he always makes?)

It got delisted by Binance and the blockchain was halted. This is what going to 0 looks like. I doubt that this record will be beaten soon. Let this be a lesson for all those seeking fast wealth by investing in shitcoins. There is no such thing as top crypto. And to compare crypto with BTCitcoin is like comparing satan to God. I've talked out all my friend of investing in anything other than BTCitcoin. And this is a perfect example for them why is that. So from now on, I expect this event to turn out to be very positive for BTCitcoin. Its qualities will shine even brighter after this stupendous fiasco.

Explanation

I just want to say one thing.  It is gonna sound like I am bragging.  Maybe I am, but I am just happy about it.

If you know my posts, you have read all my bullish theories of what things I think are going to happen with BTC.  In brief I think eventually we break out of the extremities of the "halving cycle", and we will see price mirror adoption and look like an S curve.  At some point rising crazy fast breaking models like S2F to the upside.

I have been very open in saying I think this "cycle" has a high chance of doing just that.  But I have also said I think the next most possible scenario would be a somewhat muted version of the 4 year cycle, with the "supercycle" occurring later on, perhaps next time etc...

Well it currently looks like that is what is currently happening.  And along the way I have also said I would not think that going through that would have the soul crushing effect I felt during the 2018+ bear.  And based on that supposition I have chosen to NOT sell any Bitcoin during this cycle.  The theory being that I am fine to withstand another one of those monstrous swings.  And although I am liquidating other assets right now for healthcare reasons I am not touching the Bitcoin...  I do not need to, and do not want to.

Well, I was wrong about the "cycle" (maybe?) but right about me. 

I have not been even really interested in the Bitcoin price for quite some time.  I took all the widgets off my phone, and just don't care.  Part of my ability to succeed in this way is understanding that to pull this off, I kind of have to NOT trade.  Because if I do that then the widgets go back on my phone etc.

I am perfectly happy waiting to see it continue to blow people's minds, and tip my hat to those of you (LFC, Bob, others?) with the fortitude and wisdom to trade the tops and bottoms well...  I just don't do well with that.  But I am good at holding.  And the last 11 years have taught me that money does not deserve to be so important that it makes you miserable.  It cannot get me what I really want.  And neither can the lack of it take away the things that are of real value.

So the only scenario in which I lose is if "they" can kill Bitcoin.  Which I honestly think we are seeing the beginning of a plan to try to do, possibly.  But I think the chance of "them" pulling that off is somewhere near the chance of the sun not coming up tomorrow.  At the worst their efforts will cause some exaggerated price swings, and a delay of the inevitable.

Oh and one more thing...  I *STILL* do not think this "cycle" is over.  And we might still see that S curve start reflecting in the price sooner rather than later.