Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5360. (Read 26707432 times)

And if it does get stopped what's the bet it dumps, even though it didn't pump on the initial announcement.

I read about Vince Cate a former U.S. citizen. He is also working on Seasteads.

Maybe the whole region is predestined to adopt Bitcoin.

I'm thinking that the president is moving ahead so quickly with the Bitcoin legislation that the US likely will not have time to react in time.

As governments tend to do, they will put together meetings, try to come up with their strategy, they'll make phone calls to gather information that we already know but will take them longer to figure out.

If El Salvador pulls it off in a week or so then it will happen.

If they get bogged down in the processes like the US government then it will likely be stopped.

Matthew 16:23  

stay focused 
click ignore 

this mofo chart buddy.

was looking to post about upcoming diff


many say the diff chases the price.

I have found upward price tends to create upward diff.   with the diff lagging and chases to be kind of true.


But I have seen lower diff push price down

which kind of happened here in 2021 we were above 60k price a ways back and had an unexpected dip in the diff.

It kind of leads us downward since that drop happened six weeks back.

Explanation

Thank bro just purchased a bit of dip. I will hodl

at proudhon if indeed we drop under 30k I will be able to load more cheap coin on the stack.

I am set for

33033
32032
31031
30030
29029
28028

conclusion: stack sats, not sacks 

a sack of rice fell over in china.  




EDIT: damn, OutOfMemory, you were quick to copy it. there is a price alert in the first pic which you quoted but it was an accident. 

Got stuck a little...

As much as anyone here, I love it when BTC goes up.  BTC (and you guys here at the forum) has been very good to me, and to my grandchildren.

But, suchmoon raises such a great point.  I loathe debt personally, but am perfectly happy with how (any?) debt could have fueled BTC's amazing run.  It is puzzling to me as well.

We'll see how it all turns out.  As someone wrote: "The next 48 hours are critical."  Or was that the next 72 hours?  The next two weeks?

It kinda just started.

That dump was quick.
Surprise, surprise...

I meant that they would be under water with this latest debt-financed purchase (e.g at ~$34k) if BTC gets stuck in a prolonged bear season... but if you're saying they don't have to repay it - weird, but what do I know LOL - then I guess they have some breathing room. Still, being a public company I think there is a risk of a minority shareholder lawsuit or some shit like that, which could unravel the whole scheme. Not being a hedge fund or some other investment vehicle and trying to gamble on a very volatile asset seems like asking for trouble.


Well, that's just that - if Bitcoin does well then surely they'll be able to refinance the debt and keep going possibly without ever selling any coins. But if it doesn't do well enough at the right time for MSTR and they have to dump a large chunk... that'll hurt quite a bit more than Musk's trolling.

I'm still puzzled how we despise debt here - we do, right? - but still cheer debt-fueled speculation.

You seem to be a douche too, Biodom.

You select the top of the BTC price in December 2017 and then you pick the low of this dip, and then you make your analysis about how BTC is supposedly doing in "it is what it is" terms.. You fucking disingenuine dweeb.


Don't get me wrong.  I am mostly annoyed by the word "crypto" or it's various derivatives when it is used in a vague way, and we hardly even know what is being referenced, so sometimes it comes up in the context of bitcoin so you cannot determine if the writer (or speaker) is talking about bitcoin or something else or maybe they are afraid to use the word bitcoin.

Another problematic angle is if the word is used because someone wants to talk about some shitcoin, so there are a lot of threads, including this one, that such discussion would be off topic, unless there were some connection made to how it might be relevant to bitcoin. 

 

Bitcoin has quite a few design features that prepares it for a large variety of attacks whether we are referring to external attacks or internal attacks, and sure there might be some benefits in realizing if you are being attacked or not.. and sure at the same time, sometimes it could take a wee bit of time to figure out if you are being attacked or not.


Of course... Cannot argue with you about that.  Some of the hard attempts to lower enthusiasm for bitcoin by dumping the price cannot work very well unless coupled by informational campaigns - and perhaps even making attempts to gamify the attacks so that normies will have more funzies while they are being distracted into nonsense frameworks..., ...Gresham's law gives no shits about whether normies (hopefully none of us enlightened folks) were deceived into holding onto the wrong coin or project and believing that it was going to hold value.... So in some sense, each of us remain responsible for ourselves into NOT getting tricked out of our coins.



Hahaha.. one way to get tricked out of coins more quickly.. or maybe even to get tricked out of them when you otherwise would have been able to HODL them.. but instead so many of us are sucked into temptations of gambling.


Of course, many of us should already know that vague references such as crypto is an attack vector, and a similar thing was true in recent times when there was so much emphasis on blockchain and not bitcoin.. but in the end, that baloney was ONLY able to be framed in that way for so long and more and more peeps began to see through the ongoing nonsense and the meaningless babble - including a lot of smart people get tricked into the wrong kinds of ideas, but when they finally start to figure out what differentiates bitcoin from various nonsense talking points, they will sometimes be able to better know NOT to get tricked again.. or at least be cautious towards getting tricked again.

I hope it does turn around, but in my case it really doesn't matter.  Been selling small piece by small piece since I got into Gemini in January, and hence could cash in better all of my old low-cost BTC.

At this point it matters little to me, as I already have made much more than "any right I had" to make.  BTC has helped me to start a fund for each of our two grandchildren.  And allowed us to fly Business Class, even after paying the loathsome Capital Gains Taxes and all.

Still have a stake.  Still will sell, poco-a-poco.  But I will keep my "Legacy Stash" just in case we see $100k.  Or $250k.  Or $0.1k

Go Bitcoin, go!  We need financial options.  But, unless you're young or rich, don't get too greedy....

Dump-ing now  … 

Because it never did, right?  

What if the bears prematurely shot their powder before the cycle top and there is only to go up, weeks, maybe months ahead from now because of global adoption (simply spoken, for lack of time)? At least not as strong and long lasting bear cycles.
Nobody was rewarded with huge gains by being impatient with Bitcoin, afaik.