Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3918. (Read 26720873 times)

I don't like greasy goose poop!!!

(This coming from the new kid, still FOMOing into every dip like dinner tonight is optional)

3D thoughts

stronghands

This is bullshit. Why is a picture of a rock worth 1 million? The internet was a mistake.

Explanation

It seems to happen frequently and I've commented on it before. It's the data returned by the exchange and that's all I can really say about it. I had an issue with an exchange once where it kept returning the same data for minutes in a row but this does seem to be varying with each data set.

Which is to say  ¯\_(ツ)_/¯

the evening wall report


Bitcoin up 4.86% today on strong volume and is currently trading just above $41k

Most markets saw significant upwards movement after the US FOMC raised interest rates the expected quarter point today. Not sure why people are happy getting charged more...but there you go.

Today begins the 21th day of the invasion of Ukraine.

A powerful 7.3 magnitude earthquake was reported in Fukushima Prefecture earlier today. People claiming it was the 'longest and scariest' they had ever experienced. This is coming from people in Japan..who experience hundreds of significant quakes a year.
https://www.independent.co.uk/climate-change/news/northern-japan-earthquake-tsunami-b2037217.html

dyor

bullshoulders
4h


thin as a girlscout cookie in this twist but...hodling...and you know what...looks ok really   interested to see how the week goes..steady on
D

stronghands

I was wondering where all the ask walls went and then I scrolled down to this:


Did that really happen or is CB sick?

Explanation

likely sold his NFT to himself.  It seems to be a popular way to say "I do not own this address".  You then buy stuff overseas with it, like a beach house in Haiti Dominican Republic.
edit: plus claim loss on taxes ?  So evade taxes AND fraud taxman ?  wow thats savage

Oh, he sold his nft exactly the same way I lost everything in a tragic boating accident. 

technically... with the 200-week moving average reaching $20,500, it might be reasonable to assert that 44 BTC are worth around $1 million... even though spot price you could get right around double the price... interesting.. spot price is around double the 200-week moving average.

Also, listing the NFT for a $1 million shows the price the fat-fingered shitcoiner had wanted for the NFT, but does not mean that he would have gotten $1 million for it.

I have a lot of confidence that I could get pretty damned close to $1 million if I had 22 BTC that I were to want to sell, but if I am trying to play longer term, I would consider those 22 BTC to have much higher value.. so I would likely ONLY shave off a small portion.. maybe if I was desperate, I might shave off 1-2 BTC, and that would surely be pushing the matter because in accordance with Gresham's law, I should be looking around for other possible ways to accomplish my goals, if for some reason I need some value to transact..

Oh. and considering the 200-week moving average, in my state of hypothetical desperation, I may well have to limit my maximum sale of BTC to about 12% of the 200-week moving average value, which would be 22 BTC x $20,500 = $451,000 which would be $54,120 (12% of $451k) - and at today's BTC price that would be a maximum of 1.32 BTC shaven off for emergency purposes - and likely that would be my BTC shaving off allowance for a whole year and I would have to wait a year if I feel like I need to tap into BTC again.  Too conservative?  Perhaps? perhaps?  


For sure, there would be some needs for better BTC management if either holding all of your BTC in one wallet, and that quantity does not seem like a good one to be working with... $18 million spot price and $9 million 200-week moving average price.  Sometimes our coin management might cause us to move a lot of value at once.. Should those coins be split?  And how to do it?  BIG questions... and a lot of individual discretion for sure.

Explanation

Stand with Ukraine and buy some Bitcoin.

(Baby needs a new pair of shoes)

Explanation

alright retail army!  a salient has been observed     all ahead full and unlimber the cannons      should be a interesting rest of the week no?

go bitcoin go!






King Daddy currently trading around $41.3k on light but rising volumes


dyor

1h



4h

stronghands

Once again, just came to say hello!

Not sold, still holding.

Moon seems closer and closer every day


Oh, I moved to Portugal

Explanation

Of course not. They're buying a hash of a picture of a rock.


Wallet temperature has little to do with it either. A moron can screw up an offline transaction just the same.

Your goofed to start with when you have over 444 Bitcoins in a hot wallet.

Holy F, people buying rocks with Crypto?