Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3646.

wagmi

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Quote from: philipma1957 on May 21, 2022, 08:56:29 AM

Quote from: wagmi on May 21, 2022, 08:50:50 AM

Quote from: OgNasty on May 21, 2022, 02:59:48 AM

That is a whole lot of BTC sales that are hanging over the market. That along with mtgox funds and ETH2.0

ETH 2.0 is a big danger bomb because it is a big Shitcoin experiment and if it fails it would cause a huge FUD wave again like Terra Luna did. And in case of such event, we really need to teach for everyone A LOT: Bitcoin and Altcoins are completely different tech and should be treated separately.
I tried to educate people because stupid Shitcoiners are still poorly educated:

Quote from: wagmi on May 15, 2022, 10:34:16 AM

Bitcoin has crashed really hard but we also need to mention what's important:

Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN, where fundamentals of were not proven sufficiently. It was a weak Altcoin causing a huge crash.
An Altcoin, where no link to Bitcoin's tech was around. Bitcoin and Altcoins are totally independent, still people are getting FUD and sell Bitcoin causing a crash.

People should be aware for a similar situation: Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. No need to sell Bitcoin.
People need to learn to be wise and don't sell Bitcoin when different Altcoins are having techical problems. It will likely happen a lot more because we have a lot of shady Altcoins!

A very good recommendation: don't sell Bitcoin when a different Altcoin crashes!

After all, such crashes will only re- distribute coins from weak hands to strong hands (HODLers).
To be succesful means to understand Bitcoin is independent from Altcoins and to understand HODL.

A possible ETH 2.0 crash wouldn't change Fundamentals of Bitcoin but people still need to learn how Bitcoin is 100% independent from Altcoins. It's our only chance how we can prevent Bitcoin's price crashing, when an Altcoin fails again!

nope they will always have linkage due to dare i say it “crypto exchanges”

You are right, most Altcoiners will come up and tell us it is "linked" but in reality, it is not linked. We all know.
But Altcoiners pretend Bitcoin and Altcoins are linked to profit from rising Bitcoin prices because Bitcoin will always rise in price longterm because Bitcoin is capped at 21M BTC.
Shitcoiners are just profiteering off of Bitcoin by linking Bitcoin and Altcoins. Cheesy

We need to educate here how Bitcoin and Altcoins are 100% not linked.

Quote from: philipma1957 on May 21, 2022, 08:56:29 AM

so my gut is damn are we crashing when mr v makes his move to switch eth from pow to pos.

My regret is I dont have a few 100k in fiat right now to buy btc once the real crash comes.

It can happen very likely and prices are going to be cheap again. Still, some ppl see "trust lost in Bitcoin" if ETH crashes. Cheesy

It's quite funny.

But ofcourse, it's cheap Bitcoin prices and an opportunity for us because of HODL.

ChartBuddy

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philipma1957

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Quote from: wagmi on May 21, 2022, 08:50:50 AM

Quote from: OgNasty on May 21, 2022, 02:59:48 AM

That is a whole lot of BTC sales that are hanging over the market. That along with mtgox funds and ETH2.0

ETH 2.0 is a big danger bomb because it is a big Shitcoin experiment and if it fails it would cause a huge FUD wave again like Terra Luna did. And in case of such event, we really need to teach for everyone A LOT: Bitcoin and Altcoins are completely different tech and should be treated separately.
I tried to educate people because stupid Shitcoiners are still poorly educated:

Quote from: wagmi on May 15, 2022, 10:34:16 AM

Bitcoin has crashed really hard but we also need to mention what's important:

Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN, where fundamentals of were not proven sufficiently. It was a weak Altcoin causing a huge crash.
An Altcoin, where no link to Bitcoin's tech was around. Bitcoin and Altcoins are totally independent, still people are getting FUD and sell Bitcoin causing a crash.

People should be aware for a similar situation: Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. No need to sell Bitcoin.
People need to learn to be wise and don't sell Bitcoin when different Altcoins are having techical problems. It will likely happen a lot more because we have a lot of shady Altcoins!

A very good recommendation: don't sell Bitcoin when a different Altcoin crashes!

After all, such crashes will only re- distribute coins from weak hands to strong hands (HODLers).
To be succesful means to understand Bitcoin is independent from Altcoins and to understand HODL.

A possible ETH 2.0 crash wouldn't change Fundamentals of Bitcoin but people still need to learn how Bitcoin is 100% independent from Altcoins. It's our only chance how we can prevent Bitcoin's price crashing, when an Altcoin fails again!

nope they will always have linkage due to dare i say it “crypto exchanges”

so my gut is damn are we crashing when mr v makes his move to switch eth from pow to pos.

My regret is I dont have a few 100k in fiat right now to buy btc once the real crash comes.

or not. as JJG will tell you I don’t know much about honey badger.

wagmi

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Activity: 103

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Quote from: OgNasty on May 21, 2022, 02:59:48 AM

That is a whole lot of BTC sales that are hanging over the market. That along with mtgox funds and ETH2.0

ETH 2.0 is a big danger bomb because it is a big Shitcoin experiment and if it fails it would cause a huge FUD wave again like Terra Luna did. And in case of such event, we really need to teach for everyone A LOT: Bitcoin and Altcoins are completely different tech and should be treated separately.
I tried to educate people because stupid Shitcoiners are still poorly educated:

Quote from: wagmi on May 15, 2022, 10:34:16 AM

Bitcoin has crashed really hard but we also need to mention what's important:

Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN, where fundamentals of were not proven sufficiently. It was a weak Altcoin causing a huge crash.
An Altcoin, where no link to Bitcoin's tech was around. Bitcoin and Altcoins are totally independent, still people are getting FUD and sell Bitcoin causing a crash.

People should be aware for a similar situation: Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. No need to sell Bitcoin.
People need to learn to be wise and don't sell Bitcoin when different Altcoins are having techical problems. It will likely happen a lot more because we have a lot of shady Altcoins!

A very good recommendation: don't sell Bitcoin when a different Altcoin crashes!

After all, such crashes will only re- distribute coins from weak hands to strong hands (HODLers).
To be succesful means to understand Bitcoin is independent from Altcoins and to understand HODL.

A possible ETH 2.0 crash wouldn't change Fundamentals of Bitcoin but people still need to learn how Bitcoin is 100% independent from Altcoins. It's our only chance how we can prevent Bitcoin's price crashing, when an Altcoin fails again!

ivomm

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All good things to those who wait

Quote from: Lucius on May 21, 2022, 05:55:24 AM

@fillippone, ~~you forgot to put a link to the content~~

And as for the opinion of anti-Bitcoin Christine, this is not something new - she has been repeating it since 2019 when she took over the presidency of the ECB. I am more concerned about her inability to curb inflation, and the ECB will reportedly decide to raise interest rates only in July, although the current monetary policy is completely unsustainable.

Quote from: https://www.forbes.com/sites/billybambrough/2019/07/07/new-ecb-boss-christine-lagarde-made-a-serious-bitcoin-warning/?sh=47000b3d2ed9

Earlier this year, Christine Lagarde, who has just been nominated to replace Mario Draghi as president of the European Central Bank (ECB), warned that cryptocurrencies are "shaking the system"—something that could signal a change in the ECB's approach to bitcoin and crypto and potentially spur adoption..."Not bitcoin, of course, but she has advocated already for state-backed cryptocurrencies as well as settlement tokens like XRP and JPM coin. We can expect that someone so crypto friendly in such a position will be good for the industry as a whole."

This is the most disgusting witch/ogre I've ever seen in my life. Incompetent beyond imagination, brainless ugly piece of shit. Something like a non-binary cake male plane transgender version of putler.

Eeewww 🤮

ChartBuddy

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empowering

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Quote from: serveria.com on May 21, 2022, 07:06:19 AM

Quote from: OgNasty on May 21, 2022, 02:59:48 AM

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.

Some pathetic paper hands whining we have here! Cool

(click for fullsize img)

BTCUSD LONGS ON BITFINEX .....

What could go wrong ?

serveria.com

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Privacy Servers. Since 2009.

Quote from: OgNasty on May 21, 2022, 02:59:48 AM

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.

Some pathetic paper hands whining we have here! Cool

ChartBuddy

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Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

@fillippone, ~~you forgot to put a link to the content~~

And as for the opinion of anti-Bitcoin Christine, this is not something new - she has been repeating it since 2019 when she took over the presidency of the ECB. I am more concerned about her inability to curb inflation, and the ECB will reportedly decide to raise interest rates only in July, although the current monetary policy is completely unsustainable.

Quote from: https://www.forbes.com/sites/billybambrough/2019/07/07/new-ecb-boss-christine-lagarde-made-a-serious-bitcoin-warning/?sh=47000b3d2ed9

Earlier this year, Christine Lagarde, who has just been nominated to replace Mario Draghi as president of the European Central Bank (ECB), warned that cryptocurrencies are "shaking the system"—something that could signal a change in the ECB's approach to bitcoin and crypto and potentially spur adoption..."Not bitcoin, of course, but she has advocated already for state-backed cryptocurrencies as well as settlement tokens like XRP and JPM coin. We can expect that someone so crypto friendly in such a position will be good for the industry as a whole."

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fillippone

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Christine Lagarde want to let us know what she thinks about Cryptos:

Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated

Quote

“My very humble assessment is that it is worth nothing, it is based on nothing, there is no underlying asset to act as an anchor of safety,” she said.

Crypto, I don’t know.
Bitcoin BTC is backed by Mathematics and Thermodinamics.
You sad bitch.

Edit:fixed broken Link

Hamza2424

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#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.

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OgNasty

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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.

AlcoHoDL

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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.

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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3646. (Read 26729384 times)