Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5451. (Read 26609370 times)

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Dear true Bitcoiners

What you see right now is a coordinated attack to shake out the weak hands.

Big Inflation is on the horizon. Everyone knows it, everyone can smell it.

HODL ON. STAY STRONG. WE WILL WIN.

KEEP CALM AND STACK SATS.

See you after the storm

Gyrsur
legendary
Activity: 3512
Merit: 4557
Twitter offers a much better journalism than all the media outlets together, this shows how rotten the media has become.

Try to avoid them it will only makes you negative.

(The gym re-opens today for the first time in 6 months ore so. Smiley Need to start slowly otherwise i'll have major muscle pain tomorrow.) Tongue
legendary
Activity: 2050
Merit: 1184
Never selling
Alts are finally correcting somewhat (although Ethereum/BTC is still doing ok).

On my long term signals, we are between bull and bear. It could still be a severe correction, but it takes time to play out. If it becomes a bear market, $10k is our bottom  Roll Eyes

Let the games begin  Cool

Ethereum/BTC are the only ones that get any use so that makes sense (even if the major use of Ethereum is to run scams).

Hoping for the severe correction myself.
legendary
Activity: 3122
Merit: 1538
yes
Looks like the mainstream media is now fully utilized in the Bitcoin lies and FUD spreading, someone high up wants cheap BTC, and they are running out of time. I see the current rate as an indicator how gullible people in general are, and surprisingly many seem to fall for it. Hook, line and sinker.

After the Covid charade, nothing surprises me anymore. Godwin starts speaking to me but we all know how that could have happened.

People are a cowardly dumb bunch when in groups  Shocked
legendary
Activity: 3122
Merit: 1538
yes
Alts are finally correcting somewhat (although Ethereum/BTC is still doing ok).

On my long term signals, we are between bull and bear. It could still be a severe correction, but it takes time to play out. If it becomes a bear market, $10k is our bottom  Roll Eyes

Let the games begin  Cool
legendary
Activity: 2050
Merit: 1184
Never selling
When everyone starts talking about entering a new bear market  Roll Eyes Roll Eyes

+1 WO merit
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
When everyone starts talking about entering a new bear market  Roll Eyes Roll Eyes

*edit, and 10K bottoms Roll Eyes Roll Eyes
legendary
Activity: 2050
Merit: 1184
Never selling
No Pain No Gain!



Yeah, we've all been here before, it's not a worry. A new batch of long-term hodlers is being born as we speak, we will came back stronger and in larger numbers, and will continue to do so until the monetary system turns from inflationary, to deflationary, or better yet perfectly balanced. That will happen only when the sheeple wake up and hang their oppressors, so I'd say 30 years minimum.

At the all time high, $39000 would have got you only  0.6 of a BTC, now it will get you a whole 1. New money goes a lot further at these price levels.
legendary
Activity: 2050
Merit: 1184
Never selling
I don't understand how it really works but should we be worried about the price or BTC dominance? see...

On 12th May BTC was $57k and BTC dominance was at 42%
Today 19th May BTC is $39k and BTC dominance is at 40%

That's 31.5% price drop... but market dominance is slightly changed.

Stand your grounds and trust bitcoin there is nothing happening to bitcoin... this is a regular ups and downs... see the old graphs. Bitcoin recovered every dip and came back even stronger every time.


I don't know, but I don't like it. I think the bull market is over for a little while now. While we have seen alright volumes at this level we're not seeing a strong bounce yet, so that's not promising. If it is over we should see BTC start to gain back dominance like before, but probably won't reach the 70% highs again due to the fact that there are now many more shitcoins than before. I'm thinking we'll hit 60% at most.

So I wouldn't worry yet. The concern right now should be are entering into a 2013 bear market or a 2018 one, I still think 2013 and if I had a pot of fiat I would be buying now.

legendary
Activity: 3512
Merit: 4557
sr. member
Activity: 386
Merit: 334
-"When the going gets weird, the weird turn pro."
Looks like the mainstream media is now fully utilized in the Bitcoin lies and FUD spreading, someone high up wants cheap BTC, and they are running out of time. I see the current rate as an indicator how gullible people in general are, and surprisingly many seem to fall for it. Hook, line and sinker.
copper member
Activity: 1526
Merit: 2890
I don't understand how it really works but should we be worried about the price or BTC dominance? see...

On 12th May BTC was $57k and BTC dominance was at 42%
Today 19th May BTC is $39k and BTC dominance is at 40%

That's 31.5% price drop... but market dominance is slightly changed.

Stand your grounds and trust bitcoin there is nothing happening to bitcoin... this is a regular ups and downs... see the old graphs. Bitcoin recovered every dip and came back even stronger every time.
legendary
Activity: 2050
Merit: 1184
Never selling
Unconfirmed transactions have shot back up into the mid-high 30k area, my bet is that is all the coins getting sent to the exchanges to sell.

It will be interesting to see the coins on exchanges charts over the next month. I see that there has already been a speedy increase.
legendary
Activity: 2050
Merit: 1184
Never selling
Mother fucker.

Looks shocking, head and shoulders played out and has pretty much hit its target. Would be fucking retard stupid to sell now. Any mindrusts yet?

I guess when they said bitcoin was dead all those years ok we should have listened to them and not invested.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 1834
Merit: 4197
the late night doom scrolling report


#dyor


4h


D


W
legendary
Activity: 3512
Merit: 4557
legendary
Activity: 2198
Merit: 1311
Feels like old times in here.
copper member
Activity: 1526
Merit: 2890
WTF?
Did Elon dump his BTC??

We still discussing him???



 I respectfully disagree.  I've been on this highway for 8 years, Elon for what? 5 months tops?.  You have him on the main road and us taking a detour but I see it like this:



Well trust me when I was posting i realized the mistake that why it's "We" diverging... shouldn't it be the guy "Elon" diverging from the straight line?? But then I said f it... who gonna notice.

But little did I know.... the "laser eyes" gonna notice for sure... so here is the updated one.



If memory serves Paul Walker was driving that white Toyota.
I think we'd rather be in the American car and have Elon Musk drive that Supra considering Paul Walker died in a flaming ball of fire due to his own and his friend's stupidity. Almost as dumb as giving up on Bitcoin... almost.

Your analogy is great but still... somehow I don't want any tragic end for Elon... give him time to come back... it's a long uturn...



By the way in my context earlier I did put "Elon on the Doge".
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