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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3615. (Read 26724014 times)

legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Now lets wait for Tesla / Ellon Musk Announcement.
#GreenBTC

Well BTC haters in term of Environmental effects can now RIP as according to this Survey. Not sure about the considration of this report in market.

https://bitcoinminingcouncil.com/bitcoin-mining-council-survey-confirms-year-on-year-improvements-in-sustainable-power-mix-and-technological-efficiency/

But Now its +ve News here.
We can say next weekly candle may be Green now.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
The amount of leveraged longs at the moment is a little bit disturbing.  Even as the price falls the leveraged amounts keep rising.  That is a whole lot of BTC sales that are hanging over the market.  That along with mtgox funds and ETH2.0 coins being unlocked soon and you've got yourself a perfect storm for a crash.  Not to mention the coming recession.  I sure hope they get an ETF approved soon so it can soak up some of the coming coins that will be hitting the market.  So far I'm seeing more and more future sales hanging over the market's head while guys like Saylor aren't in a position to pile in much more.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Models, models everywhere! [insert meme here]

So much talking about models, when everything we need to know has already been given to us in the White Paper.

Three things:

1. Supply is halved every 4 years -- 50 > 25 > 12.5 > 6.25 BTC ...
2. Buy whenever you can (disregarding current price -- "It's going up forever, Laura!").
3. Sell only when you must (disregarding current price -- you only live once).

I just apply the above and not worry one bit about current price action. Has served me well over the years. My Bitcoin's value is currently around 15x of my initial investment (down from >30x at ATH, but still massive). Why change something that works?

Sure, one could try to time the market and buy/sell at local minima/maxima, respectively, but is it really worth the risk, stress and effort? To me, NO! I just apply (2) and (3), and let (1) practically guarantee profits in the long term. Emphasis on "long", because time is an essential ingredient to the above sauce. It won't taste good if you serve it early -- and might kill you too.

My 2 sats.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4004
Merit: 4656
Buddy is on a rampage, lol
Everybody else thinking: TGIF.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard
You guys... Stop worrying about monkeypox.

Thats not the next catastrophe. I know whats coming next. Here is a hint:


good luck everybody.

Apparently Mr. Gates hasn't mentioned any emergency exercise against mutant atomic spiders yet. So no worry...
legendary
Activity: 2310
Merit: 2119
A Bitcoiner chooses. A slave obeys.
You guys... Stop worrying about monkeypox.

Thats not the next catastrophe. I know whats coming next. Here is a hint:


good luck everybody.


hero member
Activity: 938
Merit: 1891
bitcoin retard
So, do we get another stupid market drawdown because of fear of a new "pandemic"...  ?

A Covid monkeypop crash...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Monkeypox..??     Roll Eyes Roll Eyes Roll Eyes

Discovered in 1958

What a coincidence!!!!    Shocked Shocked Shocked


That may well be the same as when llamapox and/or donkey breath pox was discovered also.


Unless we would want to call it Philipmapox which was discovered one year earlier and would have the unambiguous superior claim, anyhow.


Go figure.

 Tongue Tongue
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