Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3570. (Read 26723267 times)

New all-time high in addresses holding more than 0.1 BTC. 3,524,232 addresses! LFG!  

Only just recovering from the misery of losing. Life is more important than football though & LFC will rise again to new highs like they always do, also like my other love bitcoin

Always great to see my brother from another Mother, El Duderino_ , genuinely one of my best friends in life & very thankful for this forum & bitcoin than we got to meet. Bitcoin has done many great things for me, very thankful.

Here’s to a better future in all ways, LFC & bitcoin, cheers boys.

Explanation

Whatever happens in japan, happens in 20 years in US/Europe (to a degree).
Example 1: interest rates at zero. Japan -from 90ies, US 2010-2018, 2020-2022 and maybe 2023-?
Example 2: manga (japan-10-20 years before, pretty much everywhere now)
Example 3: less interest in real sex (starting to occur in US as well based on the anecdotes I hear). Fapping to Onlyfans doesn't count.

I've read that the Japanese don't even fk anymore.

Something something androgynous beta soyboys and uninterested Harajuku manga girls.

I think their society might be doomed.

Explanation

Yeah, that's what he said. On the side of the speedway in Italy. I didn't ask him for details, but trusted him as he was a local guy.
Why would he exaggerate, though?

Explanation

Explanation

 Hard to believe they're still flush with used underwear.

Personally I think this is close to inevitable. In that April to June 2019 Bitcoin pump, dominance rose from 50% to 70%, at a time when the overall market was worth $150 billion, with Bitcoin worth $75 billion. So it seems quite obvious that $30b - $60b following back into Bitcoin helped considerably in the market cap rising +$125 billion to $200 billion. Somewhere between 25-50% responsible maybe, roughly?

Either way, Bitcoin didn't have a blow-off top as has been noted already. Many altcoins (if not most) did have a blow-off top, and therefore likely to enter into a multi-year bear market against BTC at least, many against USD as well, others simply continue there 4 year+ long bear market against BTC like nothing ever happened. The sort of shitcoin bear market where altcoins could bounce back 50% against USD while Bitcoin doubles in price, thus dropping 50% further against Bitcoin, so effectively half the satoshi liquidity is leaving while fiat liquidity is entering, same as in 2019. Many of the best-performing shitcoins are already down 80% to 90%, the minority that will survive for another cycle will likely drop 95-99% before finally recovering, so there is plenty of room to the downside for shitcoins right now. Many are oblivious to the reality that a 95% drop is completely normal for all cryptocurrencies in their first cycles that survive for another, with Bitcoin as well as Ethereum being no exception to that rule either.

The sort of shitcoin selling right now is either longer-term Bitcoiners taking profits back to BTC, regardless of it's fiat value (as is completely irrelevant when trading satoshis) or newer investors selling at a loss, with a minority taking late profits to USD I imagine. Then when Bitcoin finally starts recovering, the newer investors will be left confused as to why there "investments" are under-performing in comparison, and will learn the meaning of the phrase Bitcoin season. Ideally they will also learn to value investments in satoshis, as opposed to fiat, but probably this is too much to ask.

The other reality is that while Bitcoin is down 50%+ from a year ago, it's market dominance is the same as a year ago. It hasn't even begun to climb yet, it's only just starting to break out to the upside by the looks of it. I think this "2019 dynamic" becomes very inviting for the institutions left confused over which cryptocurrencies to invest in, the ones that aren't buying the dip but wanting to buy into a recovery. They then are only left with the choice of investing in the winning horse as it were, once they identify the best performing asset long-term as the no.1.

Bitcoin's rise in market dominance therefore becomes a sort of domino effect with shitcoin liquidity returning to Bitcoin, followed by new capital predominantly entering Bitcoin.

Explanation

I'll raise you one.

It's sold out.

https://www.kanojotoys.com/brainfucker-masturbatory-aid-onahole-p-6986.html

https://www.youtube.com/watch?v=c3L0T7PJ6Bc

Strongest man

Goddaaaa


ONNEE PIIEEECEEEE IIISS REAAAAAALLLLL


https://www.youtube.com/watch?v=JYlRG6pf4ZI

So this👆 price prediction ended up correct and precised. The price went down strongly from Thursday and it was the highest downward movement this week. The week ended on Saturday.
This movement was dependent on whether I will be accepted in a Sig campaign. If I had been accepted price would have gone up, about $31,000 to $33,000 depending on how high my positive mood was.

Carefully observe the image below for illustration
Image source: https://coinmarketcap.com/currencies/bitcoin/historical-data/
Archive: https://archive.ph/mzgpL

I think that's what I remember. Somebody quickly put up a site with bids and asks for GOX coins (payable in real BTC).

As the time passed and the hopes that GOX would be back got diminished, the prices for the GOX coins decreased further and further.
I think they started out with about 80% of the real BTC value.

I still regret a bit not selling my password there for real Bitcoin, at that time.
But in these years the coins I had on GOX weren't even worth 1k$. And who knew that we would do a 100x and more in a few years...

This is an exact Michael Saylor quote... word for word !!     You didn't contribute anything yourself.

And you didn't even give the source you took it from.

Here is the interview
https://twitter.com/DocumentingBTC/status/1530569144084705280?cxt=HHwWgMC9ld-h1r0qAAAA


Fucking merit-whoring noobs

Bitcoin derivatives and fractional reserve not nearly as massive as the global fiat debt-based financial system.

Also Bitcoin hard 21M cap, compared to infinite money go brrr financial system.

If another black swan like Covid happens again, you will easily see another 10x again in bitcoin's price without, as you say, exchanges, pegs, and the dollar collapsing.

Also, your last sentence is completely full of shit.

You trolling bro? I smell troll.

I agree those facts do seem problematic for the DOWNity projections.


MTGOX was having issues in 2011 regarding questions about their ability to stay solvent from the various hacks that they were experiencing..

And, prior to GOX shutting down in February 2014, there were ONLY few folks able to move any coins off of the exchange.

The FUD about GOX continued right from it's 2014 closing - yet I would imagine there were not really any concerns about dumping coins onto the market until at least 2015.. but then those feelings seem to have lapsed somewhat until early 2018 when the rumors (later admitted to be true) started surfacing that the trustee had been selling BTC during that early 2018 correction and that he might have caused the BTC price to come down to $6k on that first February 2018 correction..
In any event, your assertion that the dumping of GOX coins have many fallen  times been attributed to exaggerated single cause explanations regarding to what is happening or will be happening with the BTC price.


From the context it seems that you are referring to "crypto" in terms of non-bitcoin, and even if you are wanting a batslappening, we know that some of our current shitcoin purgenings might well end up contributing to some of that value flowing back into BTC, and really you seem to be describing that we could be experiencing some BTC price dynamics similar to the April to June 2019 BTC pumpening --- and it would be difficult to argue against that kind of current purgenings of shitcoins and to end up seeing some of that value flowing into bitcoin.. perhaps? perhaps?


Well.. in essence, it is difficult to blame those using the MTGOX services for how their situation ended up.  There were not a lot of options in the very beginning of GOX - such as 2010/2011.. and even if more exchanges were opening up, GOX had the appearance of the price / liquidity leader (even this thread referenced the GoX price in early 2013), and so after Gox closed in February 2014, we had several arguments in this thread regarding which exchange(s) should be used as our price and BTC dynamics reference points.

Your point that some folks were greedy was partially valid, but I doubt that we should either blame them or consider that they might not even had been acting somewhat reasonably with the context immediately before the MTGOX's closure.. In essence it took a while to figure out that coins/dollars were going in, but they largely were not coming back out.. while at the same time, there were some successful withdrawals a and also assertions (even from then credible persons like Roger Ver) proclaiming that GOX was completely solvent and there was no need to worry about the SAFUness status of the funds.. (am I mixing metaphores?... hahahahah).



Wow...

Holy fucking shit.

Macadonian points out a way to attempt to view the world positively which also points to a possible way to carve out benefits in a world with issues...

You, elliottflz65, figured out a way to complain that we are not there yet.

Even with bitcoin, there are probably going to continue to exist a lot of unfairnesses and injustices in the world, so each of us surely have choices regarding both how we are going to perceive the world and also if we are going to attempt to take some actions to put us on a path that has better chances to NOT get fucked as much.. if that is even possible.

It seems to me that bitcoin provides way more hope .. even if "we might not be there," yet. 

I have no problem to try  to engage in some actions to try to fix injustices in the world, yet it seems to me that taking a position in bitcoin is going to at least provide some of us (who are able to identify some positive aspects in bitcoin) to be able to at least attempt to arm ourselves with resources and tools - otherwise, what are we going to do?  just complain?  jump off a bridge? or engage in some kind of a hate act towards others because we feel fucked?  Seems that it would be a better course forward to attempt to identify ways to exist, have options and maybe to be able to contribute in some kinds of ways.. rather than just whining that there are injustices in the world.. a world that is likely going to always retain some injustices, even if we might achieve some kumbaya improvements through our ability to see bitcoin and to potentially be able to participate in bitcoin.. since we are still lucky enough to be alive (some folks with more energy and fewer disabilities than others), and that seems to have been the point that Macadonian was making.


Yes there was a cite in which you could bet on getting your coins back or not (sell them to someone else for 1/5 the BTC price and of course some variance), and that shit really ended up imploding once it became clear that Gox was not going to open back up and it became clear that the proposition for the Gox recovery cite had become clear in regards to GOX was not opening back up.


I try.



Good luck with your bet against bitcoin.. you are likely going to need it.

I imagine that you have already accounted for bitcoin being a bearer instrument, and it is much easier to take possession of bitcoin as compared with other assets, including gold.

Sure, the fucktwat financial manipulators are both going to try to manipulate bitcoin into the ground, and some of them are actually going to believe that they can do it.

Time will tell if the manipulators are going to be as successful as you (DieJohnny)  presume them capable of being.