Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4030. (Read 26713296 times)

Explanation

No.

That's not how revolutions work.

You don't go home when you are told.

You are fighting to make your home a better place due to the tyrants running the place.

If you are listening to, and doing the will of the tyrants, you are a part of the problem.

#LNMETA

Fucking hell I need to get on Rick to write that AI project for me to automagically adjust fees based on activity.

Managing nodes that connect to you, and then start draining liquidity at default rates are becoming a minor annoyance; the script should be able to start cranking fees as it starts seeing more activity on the channels, but, well, this ranch isn't gonna build itself, and Rick becoming a bee-keeper and wildlife manager is becoming time-consuming, so...

RTL could use so much work on the UI front. Wish I could select a whole bunch of channels, and set the fee rates on 'em in one go, but, it's either Change All Fees to New Defaults, or hand-management of each channel.

I really can't stand it.

It's becoming a job and stress.

You mean like how the governments of the world shut down the entire world economy for a whole year, costing hundreds of billions of dollars in lost jobs and economic destruction?

Wow...a former hippie man of the 60's/70's that no longer understands the purpose of protests, which is to affect a change. How sad. They only want the mandates removed and their personal freedom restored, not just "acknowledged".  

Oh that's some ripe irony there.

Explanation

Most Canadians do not approve of invoking the Emergency Act. Most I've talked to think they went too far.

75% of Canadians think the idiot truckers should go home.

They made their point. Sure they had some public sympathy at the start when it was still a peaceful protest. After they disrupted a major city making thousands of people's lives miserable, then blocked international trade costing billions of dollars, support quickly dwindled.

Once you've gotten the message (or given it), hang up the phone.
____

Don't believe everything you see in the mainstream social media. There are two sides to every story.



https://www.cbc.ca/news/canada/ottawa/covid-19-counter-protest-trucker-protest-1.6349936

Explanation

@jjg...you got it ass-backwards, as usual.
I was the OP who gave these numbers (46K, 46-52(5)K, above 61K no-man land).
YOU are the follower aka copy-cat.

Explanation

I suppose that largely when I say "understanding where we were" or "where we are" or even "where we might be going", I am largely referring to a larger context.

Sure, we have short term dynamics that need to be overcome, but if we zoom out to a larger context, many of us likely appreciate that there is a lot of underlying bitcoin dynamics that are not captured by short-term charts and short-term behaviors.. ... so in that regard, I do not give too many shits about short term analysis and getting into any kinds of details to attempt to predict what might happen.., will we get over $46k or not?  things like that..   We will see once it happens, and part of my point is merely that it feels quite a bit more comfortable to be further away (further up) from the most recent local bottom, than it feels to be within striking distance of such bottom... volume comes or not.. I give few shits.. because we have seen price rises that happen on large volume and low volume.. so sometimes there just is not enough ability to keep pushing the price down.. and BTC price just starts to trickle up whether large volume is involved or not.


You can analyze lines to your heart's content.. .I give few shits... nothing personal.

At this time, I am personally not going to feel more comfortable about the bottom of $32,951 being in until we get above $46k for about a day or more... and sure, I might change my tune, and maybe I am a bit random or SOMA in my consideration of that number, but I consider my price point to be as good as the $44k line.. because we have already been at $44k and $45k and even we were nearly at $46k for a short period of time..... so sure.. maybe we could already say that the bottom is in or whatever, but $44k still seems like a lot of noise to me.. give me more, moar, MOAR.. and sure it is ONLY a couple thousand.. but the fact that we were so close to $46k about 5 days ago.. gives me more confidence that it would be better to get above such seemingly random price point... before my confidence that the bottom is in goes up from 45% to 53.46295%  or whatever happens to be my current feeling about the matter.

Another thing is that in around July-ish, I was using $46k as my price-point at that time too.... .and I am not sure why I am gravitating to $46k again, but the passage of time, does seem to allow for $46k to be used again, even though our local bottom this time around of $32,951 is more than $4k higher than our summer 2021 bottom of $28,600-ish. 

Call me a turd.. but I don't get too many pleasures from getting too caught up in various short-term predictions based on various squiggly lines, even though I do tend to merit your posts for sharing that kind of information.. for sure, taken with a grain of salt.. and not too much weight given to them.. .. and if you start to argue to attempt to give them more importance than they likely deserve then you are likely going to find me fight back with such proclamations, even if you may have made some decent points about potential short-term noise, including but not limited to resistance/support levels.

This thread has been full of drama for so long I doubt the lie it was created to watch walls.

Bottom line is this is definitely on topic.

*note I'm not making any argument for selectivity choosing whats discussed here, just like roach shit I just hit the ignore button.

Warren Buffet has invested $1 billion in #Bitcoin-friendly Nubank

https://twitter.com/Blockworks_/status/1493659000205987856

Netherlands is the latest country in Europe who will lift almost all Covid restrictions. Only testing at large indoor events and mount cap in airplanes and public transportations are required.

The QR-code will be not a mandatory anymore only when entering in another country who's still asking for it.

The bounds are quite fluid, i'd say. These topics are hard to separate for the reason you specified, too.
As i'm more prone to off-topicness myself, i'd welcome the least strict approach.

Seems to me a situation where governments are shutting down financial access to portions of their population and those people turning to Bitcoin to get around those sanctions is about as on topic for BTC speculation as one could get from a fundamental/macro point of view...  I certainly understand that these topics are (designed to be) divisive, but it's not off topic, I'd say.

Does not look similar to me..,. hahahahaha

but what do I know?


Mia... you seem to be getting overly analytical of macro events in your attempt to figure out where bitcoin is and where bitcoin might be going.

Surely in the short to medium term BTC prices can well be correlated with a lot of macro factors, but it seems that the people who have done quite well in bitcoin, have focused upon themselves and their own reasonable and prudent abilities to establish a bitcoin stash and to increase their stash no matter which way the BTC price goes in the short term.  Surely you have been around the forum for nearly 6 years, so you could have been quite well off by following such a strategy.. and surely a quick look at your post history, it seems that you may have continued to have a lot of reservations about bitcoin and distractions into various shitcoins... and other bullshit since you have been a member of the forum.

My own personal investing into bitcoin started in late 2013, but surely I would not proclaim that the first 3 years were easy because much of that time my earliest BTC purchases were not in profits, and even my whole BTC portfolio was questionable in terms of it having had been in the negative for most of that time... but I persisted with DCA investing.. especially during those first three years... I did supplement with buying on dips and lump sum investing too.. but many of the buying on dips were not the dips of the dips, and even the lump sum investing suffered similar fates of witnessing the BTC price dropping lower even after I had made decently-sized.. purchases that would have been much better to wait a bit longer.

So for example, in late 2014 (October/November/December), I decided to get up to my target investment into BTC around $400, and I likely even got some BTC in the $380s too.. so i was pretty sure that the bottom was in... but of course, we know what happened in late December 2014.. and then persisted for much of 2015.. in which the BTC price came close to halfing from there.. well it dropped down to $150-ish for short periods and was stuck around $230 to $250 for a considerable amount of time.... so that was kind of depressing to see that I had done various lump sums around $400 when i would have had lots of opportunities to buy those same BTC in the lower $200s through the next 8-10 months.... fuck.

Even though 2015 ended up being a stressful period for me, my level of investment into bitcoin did not go so far as to cause me to have to sell any BTC during that time, and I was able to continue DCA'ing during 2015 even though I had front-loaded in 2014.  Sure we can monday morning quarter-back how I approached the whole matter, but really I cannot see any reasonably better practice that might have had its own risks of causing me to fuck around too much rather than just emphasizing my own ongoing BTC accumulation within my budget.

Currently, bitcoin seems to be a much better investment with more certainty than it was in 2013-2015... even though the upside potential has been shrunken over the years.. .. and in that regard, it seems that DCA remains amongst the best of practices.

Just think if you have been DCA'ing into BTC for the past 6 years at $100 per week, you would currently be at around 13 BTC.. Of course, if your BTC portfolio is not very large right now, it may be nearly impossible to ever get back to being able to get 13 BTC, but surely there are ways to be ongoingly assertive in terms of getting decent stake into BTC in order that you feel sufficiently prepared for UP.. and maybe also keeping a decent amount of dry powder available so that you are prepared to both buy on dips and just continue DCA'ing into BTC no matter what the cost.. and to take some of those "what ifs" blah blah blah out of your way of thinking about the whole matter.

Some people get too worried that they might be able to get more if the BTC price drops, and from the perspective of several of us longer term BTC accumulators in the WO thread especially, those worries about the various "what ifs" seems like pretty BIG so whats because if you continue to accumulate BTC, it is likely that one or two cycles down the road, you will find that your ongoing persistence in accumulating BTC ended up paying off and kept you in action rather than paralyzed by various "what if" thinking.

Investing into bitcoin 4-10 years or longer, is a good mental start, and of course if your timeline is shorter, then you might need to reconsider aspects of your approach, while at the same time considering various aspects of your own situation to be able to tailor your BTC accumulation strategy such as your cashflow, your other investments, your timeline, your view of bitcoin as compared with other investments, your risk tolerance, your time, skills and abilities to plan, learn and tweak along the way which may involving reallocating or trading or the use of various financial instruments such as leverage, margin or options.. and surely, I am not asserting that it is a good idea to use more sophisticated BTC portfolio management until working out your own personal basics and targets first.

Explanation

NWO commies EMERGENCY ORDER threaten locking truckers bank accounts thus BITCOIN revolution sparked =D HONK HONK WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Oh yeah, the seizing of bank accounts and the utter stupidity of trusting some cheap shit Christian "donation" site run by people who can't seem to hire people to secure the... thing (maybe they trust in the LORD) points out why crypto is a good idea and is worthy of discussion.

However the "fake virus" crap (and the "Dude, you're gonna DIE stuff) should stay out of this thread. I sit on my hands myself......

Back to the regularly scheduled drama.

Over 45 and a little above the lower boundary of normal weight.


The other thread is about the vaxx/antivaxx/conspiracy discussion.



Whatever background, or network... left, right, pastafarian... you name it, when it comes to gain or keep control, the "leaders" are trying hard, by framing and manipulating. Trudeaus current reframing plot is "honor the brave people that got vaxxed to end the pandemic, because the government 'owes' them to get the rest of the nation to be vaxxed via the mandate". It's the same here in little shithole country, but the reasoning is falling apart with omicron.
Now the governmenr is trying to defend the mandate "to be prepared for the next wave", of which nobody knows how deadly it will be (see the fear mongering, again?).
Sane virologists are muted out of the discussion. I can see the same happening in Canada in the next few weeks and Trudeau knows he overdid the contracted vaccine orders for "his country" by magnitudes. I saw a statistic, that Canada pre-ordered 9.5 doses of vaccines for every citizen. Fucking Justin has locked himself, tactically, so he has no other chance than to push his mandate circus with force.
His whole rethorics sound full of desperation to me.