Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4384. (Read 26711452 times)

splat, must be those leveaged longs getting cleared

usdt is more liquid.

I like that USDC publishes a monthly audit report. Tether doesn't.

I'm just hoping we don't see the 40s, the 40s suck.

Explanation

Not much to say apart from RIP perma-bulls. I salute you all engulfing hopium through a crack pipe of wild dreams and psychotic dreams, but welcome to the reality of price.
I am feeling sorry for perma-bulls right now though, times must be tough. Just remember that a long-term uptrend is based on the long-term, not the short-term.
Of course price bounces in bull markets, but it's not from short-term hopium, it's from long-term support. 20/21 Week MA incoming, don't forget your buy orders.
Closing in on long-term support now, the time for short-term bearish price movements will come to an end, have some faith in proability.
Don't be like Billy and don't pull a mindrust  

Christmas dinner at this rate. 

War and peace?

Explanation

Parity with gold is just a stepping stone you fucking wwwwweeeeeeee-ing goofball.

bitcoin is anywhere approximately in between 100x to 1,000x better than gold, so 1x is merely a stepping stone on the way UPpity..

Stop being so limited in ur wwwwwwwwweeeeeeeeee   widow    thinkenings (to the extent any actually exist therein).

 


You speculate that you got it rough.. just consider being stuck in a body that has to write such 'splainings to have to respond to some of the lame-ass ideas (if you can call them that?) of you goofballs (#nohomo).

What the fuck does a Coxswap token do? 

On second thought... I don't want to know.

You seem to not understand BTC too well if you believe that $10k or sub-$10k is meaningfully feasible.

But, hey, you do you.


true dat.

There should be some kind of common sensical line between accepting and suffering when the BTC price goes down.. for example when your stash value lowers from $69 million down to $53 million (or something like that).. but there should not be cheering for it to go down to $50 million .. even if it ends up happening... just as an example.. ..

could we say the same?  if the stash holder were at 10BTC (or double at the Biodom level) had gone from $690k ($1.38 million) to $530k ($1.06 million) and then not good to be cheering for $500k ($1 million), right?


 

Fake news... dayum...

you do not get any kind of accurate word/character count when you are citing the text and also the quoted text..

Get a grip.. before you get the batslap that you have been working ur lil selfie up to (with your ongoing whinening about nonsense)....


hahahahahahahaha



#nohomo

I had some ETH bought some months ago for some reason I can't remember, I had put sell orders with a decent profit, and completely forgot about them. Sell orders against BTC. A few days ago everything sold. Now the price is down. I might put some buy orders again.

Not touching random altcoins though. And ETH fees are totally insane, anything bad said about BTC fees is nothing in comparison, I had to end a HEX stake (a shitcoin that I totally don't believe in, but made me a tidy profit), it cost me 380$ in fees ! At first I balked and waited a week to do it, during the week the cost got up to 800$, so as soon as I saw 3XX$ again I pulled the trigger.

Explanation

But LFC.. the main reason that billy nocoiner set such a dumbass goal is because he does not want us to get there.. just like you suggested, he is not buying at any price.

At least Raja_MBZ has a somewhat possible target which is to meet the 200/208-week moving average which is currently just above $18k, so it could get up to about $20k/$22k in a couple of months.. but still does not seem very likely at all that we are going to be getting to the 208-week moving average unless we really do fall out of this bull market, which surely is also hard to believe given the so many macro-economic circumstances - or maybe there is a hope for another liquidity event and hoping that such liquidity event were to play out in some kind of way that would be similar to the March 2020 liquidity event and just does not seem that we get to cross that stream again and maybe the best case scenario with that might be something like $30k-ish..   

Personally I believe that it is not any kind of a bad thing to prepare financially and psychologically for potentially outrageous and extreme DOWN scenarios, even if they are NOT likely to happen... and for sure, Billy no coiner is taking these extremes that are quite further than what would be very likely at all to happen.. and likely it is for effect rather than practicality.. It's like those guys talking about sub $500 BTC prices throughout 2017 or talking about sub $1k throughout 2018 and 2019.. and many of us appreciated that that ship had sailed.. but did not stop them from talking about it and trying to scare (or motivate) peeps into believing that those kinds of low-ball BTC prices were still reasonably within the cards.


Well?  For me, I consider 8% to 10% to be dips for ants, and I consider 15% to 20% to be dips for ants if we had already gone up 50% or more in a relatively short period of time.. but currently our $51,556 is about a 25% correction, so it seems to be greater than "ant level", at least from my perspective... especially when we should be (we are supposed to be) (we are getting off schedule towards) going UPpity.. which is supposed to mean higher than $69k by this time on the clock...

It was all fun and dandy, king daddy, but now it is starting to become a wee bit annoying..

King daddy is annoying.

 

Hate for bears to get rewarded too much.. but hey.. shit happens.. ..even annoying shit.. and if we could just have some rewards of some shitcoins getting destroyed worse than bitcoin HODLers.. then at least there might be some consolations in that.. not sure if true, though... 

Bloodbath with the alts that many Crypto YouTubers (very) recently shilled:
Mana, Kadena, The Sandbox, UniSwap, Solana, Cardano.
Even big daddy Ethereum is dropping more than BTC.

Will people ever learn?

@jjg....or, maybe you stay away from other peoples pockets...you have quite an imagination being in a position of "unknown unknowns".
..let's keep it this way.

Yes it's not a taxable event. And now taxation has been aligned with that of financial instruments, with a capital gains tax at 30% (you used to be taxed like other income, so up to something like 60%). What we lack is a "pocket" inside which we could trade without tax, paying only when getting money out.

The problem with USDT is that there are doubts about its backing. And authorities are looking into it. So at some point things could go bad.

That's not surprising as the stock market wouldn't be the only one to receive all of the inflows. Other things such as bonds, commodities, property, etc would of seen a good portion of it as well. I don't think the stock market is particularly overvalued though, as this M2 comparison alludes.