Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 51. (Read 26502910 times)
November 15, 2024, 01:01:15 PM
November 15, 2024, 12:26:51 PM
When Bitcoin is on a parabolic rally this place is hopping, multiple pages per hour, old-timers coming out of the woodwork.
It slows down a bit and this place is almost dead.
What do you expect when the blood bath is huge? Many will be noising their losses and also feeling dizzy about the unrealized expectations from the market, but regardless, we move no going back; this slowdown is expected, and I think we may likely have to bear with that throughout the weekend.It slows down a bit and this place is almost dead.
Well take this guy I know he is in at around 25k
Simple math. Take the case of " this guy "
He buys 1 btc at the average of 25k from Nov 2022 to fall of 2023 it became became 93k.
So Sell off .3 coins get 27k
all cap gains is negated by dumping mined coins in Oct 2022 and having a 51k loss carryover. so the entire
27k sale "this guy" keeps.
This means "this guy" has 27k cash. This guy invested 25k cash back in 2022 and " this guy" still has .7 coins
If it all zeros out 'this guy" is 2 grand ahead. So bloodbath in terms of BTC crash can't happen to "this guy"
and at the moment "this guy" has .7 coins worth about 60k along with 27k. And he had 25k in nov 2022
There won't be a blood bath for him in BTC.
_______________________________________________________________________________ ____
_______________________________________________________________________________ ___
Also many on this thread have 10 or more coins (not me) at under 20k invested. Ie 20k became 930k
Some simply shaved a coin off. they now have 93k (owe tax on it) after tax they may have 60k and 9 coins
left they do not worry about a blood bath.
November 15, 2024, 12:01:12 PM
November 15, 2024, 11:49:12 AM
What do you expect when the blood bath is huge?
Huge bloodbath? Back down to where it was a half a week ago?
You must be new around here.
November 15, 2024, 11:47:53 AM
Aren't you happy that you helped this promising young talent with her rap career?
https://youtu.be/_DIuPPmY9mw
Quote
"7 Billion dollars to my name I could buy ya'll, but I never would've thought a walmart gift card would be my downfall"
That was... very bad.
November 15, 2024, 11:01:13 AM
November 15, 2024, 10:41:07 AM
Aren't you happy that you helped this promising young talent with her rap career?
https://youtu.be/_DIuPPmY9mw
Quote
"7 Billion dollars to my name I could buy ya'll, but I never would've thought a walmart gift card would be my downfall"
November 15, 2024, 10:04:24 AM
JUST IN:Satoshi era Bitcoin wallet just moved 2,000 BTC for the first time since 2010
Nice payday 
November 15, 2024, 10:03:36 AM
--snips for clarity--
Sounds scary to me
never much confidence
that at any point in the short run
the odds are better than 50/50 that BTC is going up
As soon as she finds herself up, you can close your position with a tiny profit.you can get additional bitcoin exposure even if you're balls deep, all-in,
no fiat left
you get paid in btc straight away
it isn't necessary to leverage above 1:1 at all
no fiat left
you get paid in btc straight away
it isn't necessary to leverage above 1:1 at all
Sounds scary to me
never much confidence
that at any point in the short run
the odds are better than 50/50 that BTC is going up
What matters is
1. Not getting liquidated, so you remain in play
2. Having a fairly long time horizon, so she has time to float in her preferred direction (uppity).
I wouldn't do perpetuals because in general I don't short. If longing perpetuals, you almost always pay interest, as I explained in the quoted post.
Quote
Is it even possible to be more happier than 89.7x profits in 11-ish years?
Yessir it is, much very happier.Think if the 89.7x profits were not in fiat ($1 becomes $89.7) but in corn (0.01BTC becomes 0.897BTC). Or if, corn forbid, you are a shorter and have theoretically no risk of liquidation. You can short perpetuals and meanwhile pocket tasty funding interest, or regular (expiring) futures and pocket the future premium as soon as you paper-sell. Besides, when there is downity, the profits are higher in btc terms for the same dollar amount.
This said, I do not advise trading except maybe marginally, with a little throwaway play stash. I certainly do not advise SHORTING. Of course, once or twice in a lifetime can still be fine.
Of course you can't be bothered with this risky, sweaty business since per your own admission you've long reached your accumulation goals. 0.63BTC is nothing to be sneezing at, as somun sez. I can't blame you. My words will resonate more with some of the rest - those who feel they haven't accumulated enough yet.
November 15, 2024, 10:02:11 AM
JUST IN: Satoshi era Bitcoin wallet just moved 2,000 BTC for the first time since 2010
November 15, 2024, 10:01:15 AM
November 15, 2024, 09:01:13 AM
November 15, 2024, 08:42:17 AM
US hacker sentenced over Bitcoin heist worth billions
Quote
Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin.
Quote
Morgan also pleaded guilty last year to one count of conspiracy to commit money laundering. She is due to be sentenced on 18 November.
Some of those are my coins, you assholes.
Wonder if I can sue them?
Aren't you happy that you helped this promising young talent with her rap career?
https://youtu.be/_DIuPPmY9mw
November 15, 2024, 08:13:33 AM
Had a concern that we were due a dip after pumping literally $15,000 in a very short time. The price seems to be settling at $87-000 - $89,000.
It’s looking like we have a constant flow of buying to support current price levels. I am starting to feel more bullish daily, excited for 2025.
It’s looking like we have a constant flow of buying to support current price levels. I am starting to feel more bullish daily, excited for 2025.
November 15, 2024, 08:01:13 AM
November 15, 2024, 07:01:15 AM
November 15, 2024, 06:01:14 AM
November 15, 2024, 05:59:20 AM
EDIT: Oh yeah, it seems the following night should be the first clear night here since a couple of weeks (well... no, i'm not in the UK), so i can get more data on the heart nebula (most recent pic) and present some clean, more detailed version, though the full moon will not make it easier for me.
We've had a good run of clear nights here (Aust) - not getting much sleep. I have the Tarantula Nebula lined up, but the moon is at 99% tonight :-(
Yep, in the clearest of nights astronomers don't get much of sleep
I have things mostly automated, but still have to go outside late to cover the scope and place the lightbox/lid for shooting calibration frames, i use an alarm clock to get some hours of sleep through the light-collection phase.
If i'm not too lazy i'm going to use the SII/OIII filter, but it's of different thickness than the Ha/OIII filter, so i have to correct the backfocus.
Good luck for the NGC2070, which is below the horizon 24/7 for me
November 15, 2024, 05:48:00 AM
Thank you for the welcome back OutOfMemory
November 15, 2024, 05:35:24 AM
I remember when i was a kid, I see my old man listening to the radio (Non-English AM Station) on the back veranda while smoking and having a drink. Always wondered to myself why the fuck would you do that?, just sit there for hours listening to someone talk about stuff.. never understood it!
Fast forward 35 years, and here i am, Glued to the screen, watching and listening to "The Joe Rogan Experience"!
The more things change, the more they stay the same!
We are in the final stage of this cycle! Balls to the wall gentleman!.. this is will be a life changing cycle for some! and the beginning for others!
Fast forward 35 years, and here i am, Glued to the screen, watching and listening to "The Joe Rogan Experience"!
The more things change, the more they stay the same!
We are in the final stage of this cycle! Balls to the wall gentleman!.. this is will be a life changing cycle for some! and the beginning for others!
Jump to: