Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5021. (Read 26609166 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Back to the fun and games, I see.  Undecided

Which fun what games ?

Someone hitting the "keep selling at $x" button.

Not any different than usual, right?

The BTC price went up by $6-7k in a pretty quick fashion (a day or so) from $34k to $41k, and reckt quite a few shorts, and since the BTC price only went up to $40,928 (so far) - there is likely a perception of an opportunity to attempt to stop or reverse the UPpity BTC price momentum that might work, and it might not.

As others have mentioned also, even though quite a few shorts got reckt, that is also par for the course, and even though the BTC price may have shifted more towards the higher end of the consolidation range (however that consolidation range might be assessed - perhaps $29k to $42k or some variation), it's not exactly clear, yet that the bottom of $28,600 is "in", and for sure, if bearwhales, bitcoin naysayers, shitcoin pumpeners can create impressions that BTC prices are not going up from here (or going down) and that more correction of BTC prices is in the cards, then they are likely going to try to accomplish the creating of that impression.. and maybe get the weak hands to help them in creating some of the reversal or DOWNity momentum.. if that might be possible..

Maybe some of the recent strong statements from US governmental legislators (maybe other jurisdictions too?) and the toying around with cumbersome regulation proposals also can stoke some fears into bitcoin hesitant folks.. .. will it work?  will it work?  Perhaps some of retail and new coiners are spooked pretty damned easily..... just say "boooh", and they run off like cockroaches under the light  (not trying to be denigrating of newbie normies)... yet  whether the newbies spook this time around or not is the $million question, and I still am not proclaiming to know anything about short-term BTC price movement expectations beyond suggesting that I will likely start to feel more confident about our bottom of $28,600 being "in" in the event that we are able to get prices above $46k.. .

what are the odds?  what are the odds?  50/50 or perhaps better.. should we be scared?  probably not yet.. and let's just take it one ant hour at a time.

Back to the fun and games, I see.  Undecided

Which fun what games ?

Someone hitting the "keep selling at $x" button.
Actually i am also hitting that button but mine is different from sell to buy :


Lambos might be going off track but soon they will be back not on road but main highway and prices will shoot to new levels.So keep playing the game in your manner and only the buyers and holders will win this round also. Let's be unite this time.

Make chartbuddy to break $40k levels with your investment one time or DCA whatever but you also push that button hard.

Of course, not all of us are in the same place, and of course, if we have already accumulated a decent amount of BTC we may well not be buying, currently.. furthermore, some people likely bought at various points on the dip down from $64,895 down to $28,600, so sometimes for those folks there would not necessarily be incentives to continue to buy - especially as the BTC price is going up.... Don't get me wrong, there are some folks who don't mind buying on the way up, too.... not that I agree with that approach, but I know of some folks that do that.

I surely do not disagree with a strategy for buying regularly, and let's say, for example, that someone is just getting into bitcoin, and they decide to buy every week - and maybe they anticipate that with their level of cashflow and their timeline, they are playing the whole matter by ear while anticipating, at the same time, that they may well be DCA buying BTC for the next 20 years or so.. .. but at the same time, if they are monitoring the situation and setting goals for themselves, they might find that they get to a very strong BTC accumulation status in way less time than their 20 year projected investment timeline, and for sure, we cannot really know because sometimes people run into higher than expected cashflow situations so that they can invest more into bitcoin and other people will sometimes run into lower than expected cashflow situations, and sometimes members in this thread reveal their situations and their having had run into those kinds of unexpected situations, whether for the better or worse.

Another common historical point has been that a lot of bitcoin newbies consider that they might be too late.. and so some of them will try to rush or get disgruntled or try to accumulate more by selling first, which has frequently tended to be a less preferable approach of just constant buying, as you seem to be suggesting, aysg76.
legendary
Activity: 3808
Merit: 7912
Bitcoin doing nicely while I was gone from here.

OT: Went on 2wk vacation abroad.
There is a LOT of infection going on (anecdotally based on relatives info).
Being vaxxed does not seem to make an effect on being infected, but probably has an effect on severity (hopefully).
People lost the sense of following the rules though and 50% are flaunting mask rules in public transport (subway, etc) despite (theoretically) a potential of being fined.
Those 50% are wearing the mask, but on the neck, lol
The fine is $60 equivalent-a slap on the wrist if you ask me.

Conclusion: I think that at some point almost all will get infected (in the range of 75-90%) and, hopefully, vaccines would help with reducing mortality and serious effects-that's what the main purposes should be anyway, but people would get upset by the fact that current vaccines (even the best) are not as clear-cut as we all hoped them to be.


1)I think they are a clearcut short term solution that would knock this off the map of the world if the world had a 95% vax rate.


2) I think none of us know what the long term effects of this vax will do to our bodies. It will take 10 years to find out.

3) I think more than 2 billion people will resist the vax and not get it as they fear point number 2.


4) Ten years from now I think people will still argue over this. Even thought the math will show a clear cut difference in death rates for the vaxed vs the un vaxed.


My guess was vax is smarter then no vax.

So I walked over to the barrel of guns grabbed one and played a round of russian roulette so to speak and vaxed.

I have zero problem with anti vaxers as long as they admit no vax is going to the other barrel of guns and playing russian roulette so to speak 🗣

which is the better wheel of death 💀 to play?


i hope vaxing. I want to be around in ten years to see how much my btc is worth.


I agree. I am just saddened that the 'shit' looks stronger than I thought it would be.
The main question to ask would be how soon we would adapt to it and/or 'it' to us.
Everything is quite logical. What would the virus do if you try to cordon it by masking?
Increase particle production by a f-ing 1000X and make itself quite contagious.

As far as bitcoin goes, these new developments would probably mean more monetary stimulus, even if it sound incredulous.

BTW, the fact that many red states governors (like in TX) stopped the fed $300 pandemic program would probably hurt them in the polls in 2022.
In the light of delta it was probably a political mistake, especially if feds would have to implement new economic anti-contagion measures.
https://dnyuz.com/2021/07/30/c-d-c-internal-report-calls-delta-variant-as-contagious-as-chickenpox/

 Very few diseases are as contagious as chickenpox.  Whichever scientist at the CDC wrote that in a document should be terminated with prejudice.  Could we please tone down the bullshit even if we just move the dial down from 11 to 10?

 edit:  when I say "terminated with prejudice" I am speaking about their employment with the CDC
legendary
Activity: 1974
Merit: 2124
Back to the fun and games, I see.  Undecided

Which fun what games ?

Someone hitting the "keep selling at $x" button.
Actually i am also hitting that button but mine is different from sell to buy :


Lambos might be going off track but soon they will be back not on road but main highway and prices will shoot to new levels.So keep playing the game in your manner and only the buyers and holders will win this round also. Let's be unite this time.

Make chartbuddy to break $40k levels with your investment one time or DCA whatever but you also push that button hard.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

Did that tweet get deleted, because when I click on the link, it shows "This Tweet is unavailable"

Weird, yeah, it was just Binance confirming that users have 90 days to close positions as several Euro nations (so far) are demanding no futures/derivatives (for Binance to continue operations in their jurisdictions).

 Italy, Germany & I forget the other one.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Back to the fun and games, I see.  Undecided

Which fun what games ?

Someone hitting the "keep selling at $x" button.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3892
Merit: 4331
Bitcoin doing nicely while I was gone from here.

OT: Went on 2wk vacation abroad.
There is a LOT of infection going on (anecdotally based on relatives info).
Being vaxxed does not seem to make an effect on being infected, but probably has an effect on severity (hopefully).
People lost the sense of following the rules though and 50% are flaunting mask rules in public transport (subway, etc) despite (theoretically) a potential of being fined.
Those 50% are wearing the mask, but on the neck, lol
The fine is $60 equivalent-a slap on the wrist if you ask me.

Conclusion: I think that at some point almost all will get infected (in the range of 75-90%) and, hopefully, vaccines would help with reducing mortality and serious effects-that's what the main purposes should be anyway, but people would get upset by the fact that current vaccines (even the best) are not as clear-cut as we all hoped them to be.


1)I think they are a clearcut short term solution that would knock this off the map of the world if the world had a 95% vax rate.


2) I think none of us know what the long term effects of this vax will do to our bodies. It will take 10 years to find out.

3) I think more than 2 billion people will resist the vax and not get it as they fear point number 2.


4) Ten years from now I think people will still argue over this. Even thought the math will show a clear cut difference in death rates for the vaxed vs the un vaxed.


My guess was vax is smarter then no vax.

So I walked over to the barrel of guns grabbed one and played a round of russian roulette so to speak and vaxed.

I have zero problem with anti vaxers as long as they admit no vax is going to the other barrel of guns and playing russian roulette so to speak 🗣

which is the better wheel of death 💀 to play?


i hope vaxing. I want to be around in ten years to see how much my btc is worth.


I agree. I am just saddened that the 'shit' looks stronger than I thought it would be.
The main question to ask would be how soon we would adapt to it and/or 'it' to us.
Everything is quite logical. What would the virus do if you try to cordon it by masking?
Increase particle production by a f-ing 1000X and make itself quite contagious.

As far as bitcoin goes, these new developments would probably mean more monetary stimulus, even if it sound incredulous.

BTW, the fact that many red states governors (like in TX) stopped the fed $300 pandemic program would probably hurt them in the polls in 2022.
In the light of delta it was probably a political mistake, especially if feds would have to implement new economic anti-contagion measures.
https://dnyuz.com/2021/07/30/c-d-c-internal-report-calls-delta-variant-as-contagious-as-chickenpox/
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

Did that tweet get deleted, because when I click on the link, it shows "This Tweet is unavailable"

Bitcoin doing nicely while I was gone from here.

Yes.... hint, hint... #nohomo


 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Welcome back....

Are you ready to rumble?

legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Bitcoin doing nicely while I was gone from here.

OT: Went on 2wk vacation abroad.
There is a LOT of infection going on (anecdotally based on relatives info).
Being vaxxed does not seem to make an effect on being infected, but probably has an effect on severity (hopefully).
People lost the sense of following the rules though and 50% are flaunting mask rules in public transport (subway, etc) despite (theoretically) a potential of being fined.
Those 50% are wearing the mask, but on the neck, lol
The fine is $60 equivalent-a slap on the wrist if you ask me.

Conclusion: I think that at some point almost all will get infected (in the range of 75-90%) and, hopefully, vaccines would help with reducing mortality and serious effects-that's what the main purposes should be anyway, but people would get upset by the fact that current vaccines (even the best) are not as clear-cut as we all hoped them to be.


1)I think they are a clearcut short term solution that would knock this off the map of the world if the world had a 95% vax rate.


2) I think none of us know what the long term effects of this vax will do to our bodies. It will take 10 years to find out.

3) I think more than 2 billion people will resist the vax and not get it as they fear point number 2.


4) Ten years from now I think people will still argue over this. Even thought the math will show a clear cut difference in death rates for the vaxed vs the un vaxed.


My guess was vax is smarter then no vax.

So I walked over to the barrel of guns grabbed one and played a round of russian roulette so to speak and vaxed.

I have zero problem with anti vaxers as long as they admit no vax is going to the other barrel of guns and playing russian roulette so to speak 🗣

which is the better wheel of death 💀 to play?


i hope vaxing. I want to be around in ten years to see how much my btc is worth.
legendary
Activity: 1834
Merit: 4197
good morning charts


standing by and see if retail has any 1st of the month appetite following improving sentiment in the market...SOP
And the usual suspects again present with Hopium...FUD...options being bought and sold and institutional moves being made...all in a days work lads
steady as she goes

#dyor

end of the week and month profit taking are stirring volatility
1h


pretty good balance point at $40k...market still undecided in short term direction
thinking it will break sharply either towards $35k or $44k once a direction is picked further indicating we are at or near a inflection zone
4h


bumping up against Span B resistance and rebounding against ssma100 in a narrow range
about the best I can say right now is that reclaiming the SMMA100 level and finding support there is pretty good imho
D

#stronghands
legendary
Activity: 3892
Merit: 4331
Bitcoin doing nicely while I was gone from here.

OT: Went on 2wk vacation abroad.
There is a LOT of infection going on (anecdotally based on relatives info).
Being vaxxed does not seem to make an effect on being infected, but probably has an effect on severity (hopefully).
People lost the sense of following the rules though and 50% are flaunting mask rules in public transport (subway, etc) despite (theoretically) a potential of being fined.
Those 50% are wearing the mask, but on the neck, lol
The fine is $60 equivalent-a slap on the wrist if you ask me.

Conclusion: I think that at some point almost all will get infected (in the range of 75-90%) and, hopefully, vaccines would help with reducing mortality and serious effects-that's what the main purposes should be anyway, but people would get upset by the fact that current vaccines (even the best) are not as clear-cut as we all hoped them to be.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Back to the fun and games, I see.  Undecided

Which fun what games ?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Back to the fun and games, I see.  Undecided
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
https://medium.com/blockstream-markets-weekly/blockstream-markets-weekly-july-30-2021

- Bitcoin is on pace for the second consecutive weekly gain after finishing higher nine of the previous ten days.
- New rule coming into effect in Germany that will open Bitcoin to $420B of institutional money
- $68B ProFunds launches the first public BTC mutual fund
- $7B Horizon allocates 10% of fund to GBTC
- Fidelity’s macro head says BTC looks like Gold in the 1970s
- And much more..
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

Good they had fucked up rules and allowed over speculation.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2050
Merit: 1184
Never selling
Binance getting regulated hard.

https://twitter.com/binance/status/1421033049098174468?s=21

No more futures/derivatives trading in several Euro countries.

So far Binance was a rogue exchange operating illegaly. Now the CEO came to the bright conclusion, that if they want to conitue operating, they have to get a licence in each country. I wouldn't be surprised if Binance turns out to be the new Mt Gox. I just wonder what is the IQ score of those traders keeping funds on that exchange. Trading bots there are one big hell of a mess. I really doubt any of these bots can bring a profit for a longer period. Especially judging by the most trades of magnitute 0.00x.  Grin Grin Grin Since the traders realised losses in the last 2 months on all exchanges are above $50 bil, I can only imagine the misery of these n00b traders, esp. in binance.

I don't think they're a mt gox. But, they are certainly dodgy, sort of like bitmex. Definitely can't trust them.

What options do we have then? Specially those outside of US?

There are crap loads of decent exchanges and plenty outside of the US. Bitstamp and kraken have been pretty solid.
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