Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3674. (Read 26731130 times)

Explanation

Coca cola can never be Pepsi
Mercedes can never be Toyota
Football can never be Swimming
Satoshi Nakamoto can never be Vitalik Buterin ( and co.)
Ethereum can never be like Bitcoin.

The Meth CEO has spoken


Does he just need more investors because the probable future of a tumbling price?

Or is he is aiming for a flippening?

Goddamnit... Throwing another BTC at my node.

So bored RN.

I total hate you LN baguettes.

So "someone" desires to see Ethereum become a more Bitcoin-like system.

What does he mean by "Bitcoin-like system"? So in other words he want Ethereum to be bitcoin.



https://twitter.com/vitalikbuterin/status/1526378789411860480?s=21

Explanation

Yes.. worse case scenarios pretty bearish.

.. and bears do like to take advantage of momentum if they can..


Oh?

That explains how you turned out.

 

Kung Carl XVI Gustaf har på måndagen fått information om att regeringen avser att gå med i Nato.

Explanation

Your claim about me turning into a bear is without evidence.

If I say that it seems to me that passing below the 100-week MA indicates that we are in a bear market - until we get back above that or some other convincing evidence that we are no longer in a bear market.

Remember I am a delayed indicator, and I said the same thing in about late November 2018 - although I had not used the 100-week moving average but instead that BTC prices broke below $6k and went down to nearly $3k, which seem to me to indicate that we were in a bear market that was not resolved until sometime after the April 2019 uptrend.. and maybe by the time we were in mid-May 2019, it was confirmed that the bear market was over.

I am just trying to call balls and strikes here.. for the most part - even though so far I have always been inclined to prefer that the BTC price goes up.. or that we are not stuck in a channel of negativity or flat..

I cannot remember exactly what I said in early 2015 (January-ish) but I think that the evidence was similar by then that we were in a bear market.. and maybe even was not resolved until either later 2015 or maybe not really confirmed until the end of May 2016.  perhaps? perhaps?

So we have been to similar places previously and I have no idea how long we might stay in this here channel.. let's call it sub $35k (or perhaps even sub $42k?-ish to be confirmed to be out?  a bit of a moving target, no?).  I cannot imagine anything less than a month or two to get out or to rise above.. but who knows?

Do you believe a faster bounce is feasible or likely, and I am not even saying that it might not happen, I just consider such a fast bounce above $42k-ish and staying above that to be a wee bit in the low-probabilities, from where we are at right now.

I deny being a bear.... but I am not going to overly skew my assessment to the positive when the facts and/or logic do not seem too likely at the moment.. and I am not even saying that sometimes I do pull some of my punches and I do sometimes error on the side of analyzing up and not saying anything about down.. but when the probability seems to have at least flipped against UP.. I don't feel right saying that the probability would be 50% or greater for UP..

Does it mean that we are "in trouble"?  I have my doubts.  Just continue to stack sats and/or HODL.. and also realize that if you are selling any BTC at these prices it's not even very likely that you are going to be able to buy back lower.. so I would not even say to sell anything but you might want to either save some dry powder for just in case the BTC price goes lower and those kinds of related tactics.. For sure, there are some guys who might not have much if any cash left for buying BTC or even cash coming in, and those kinds of guys should try to HODL through these times... for however long they last.. whether the $25,401 bottom is "in" or we just do not know... maybe I have to revise my percentage assignments again (including the downity ones that I made on May 11th at the bottom of this post)?

Explanation

Was my first thought as well, just had to listen to it.

https://www.youtube.com/watch?v=dm6qw_yeo6o

Market assessment about whether we are in a bull market or a bear market is usually based on various delayed indicators - and really it would be difficult to call it in advance absent a kind of guessing... so getting below the 100-week moving average seems to be a kind of confirmation that the bear market could have started either in April 2021 or November 2021.. .. I have heard others proclaim that it had already started in April 2021, but that seems a bit difficult to concede based on the higher high in November 2021 - even though surely it could be somewhat reasonable to take either position (or suggest the plausibility of either framing of the matter).

Surely subsequent BTC price performance might cause one or the other frames to be more convincing based on further data that comes out with such passage of time.


I don't see why there seems to be such a dilemma for uie-pooie?

In other words, why not both?

I do understand that there are various reasons why people might be reluctant to spend BTC, especially if they might have a lot of other options, and also if there might be unfavorable tax treatments in spending BTC.. .. however, there might be situations in which guys don't have as many issues spending some of their bitcoin.. especially small amounts.. especially if fees are relatively low.. and there could even be discounts to spend BTC if some retailers recognized/appreciate various benefits in receiving BTC.


Are you just making shit up?

Who's calling it a bull run, currently?  Do you need that peep to be batslappened?  I know a guy who knows a guy. #justsaying.

Is your made up adversary (aka strawperson, aka they" in the room with us, now??

Explanation

There have been 7 weekly red candles in a row, so far.  So what?


Get the fuck out of here.  Who cares?   We had weekly candles closing below $28k before January 2021, so what's the BIG DEAL?

You trying to create fake drama?  over something that has to happen?  To me, your desperation makes it seem as if a bottom may be in - especially given your pleas in regards to what "has to happen" supposedly.


I suppose if you repeat the same thing twice, then for sure, you must know what you are talking about, right?



auhgh... I don't know.

From what you are saying, it sounds pretty bad.

Panic now!!!!!!!

If you must.

I remember one like 1964?  or 1966 I was a kid and looked at it in a reflection on a storm door. I was pretty scared the reflection on the glass could hurt my eyes but 55-56 years later and I am not blind.

I should look up the date it happened.


Edit looked up date:

Maybe July 20,1963 according to this.

https://www.timeanddate.com/eclipse/list.html?starty=1960


I would have been 6 1/2

hmmm...here is a limerick (from freebsdlimericks):

There was a young lady from Spain
Who got sick as she rode on a train;
        Not once, but again,
        And again, and again,
And again, and again, and again.

OR (to balance the score)

There was an Old Person of Spain,
Who hated all trouble and pain;
So he sat on a chair,
With his feet in the air,
That umbrageous Old Person of Spain.

True.., but if someone can make that call reliably, he/she would be a billionaire, right?
Too many factors in play, resulting in a unique situation.
I did not shed any bitcoin (because I still have a policy of never selling it), but sold quite a bit of alts during Sept-Dec recovery since I did not believe in that recovery and was periodically posting about this (maybe not with 100% conviction, sure). Paid for all house improvements and then some (even after taxes).

We are now witnessing a planetary shit-show and I wonder if my decision (of never selling bitcoin) was too cocky.
What before was impossible becomes exceedingly possible and there is no end to various calamities.
Sometimes i just want to disconnect from all of it and be at peace (relative)....somewhere.
How to get to that somewhere (either spiritually or physically) is currently not clear.

Well, I've never been to Spain
But I kinda like the music
Say the ladies are insane there
And they sure know how to use it

They don't abuse it
Never gonna lose it
I can't refuse it

Explanation