Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5469. (Read 26608891 times)

Is he trying to get fired or something?

Why do you guys fault Elon? We hadn't seen a correction weeks now. It was a matter of time before it dropped with or without a billionaire's tweet.  

He’s dedicating his Twitter profile to being anti bitcoin. Every tweet is negative towards bitcoin. He’s trying to singlehandedly destroy us.

Elon must be on a rampage because i only see on Twitter: tweet not available.

This is getting ugly, when’s it going to stop 

What if it goes down to $30k or even $15k?  Are you prepared for that?  Not saying that it is going to happen, but I really am serious in saying that peeps need to prepare for scenarios in both directions, even extreme and unlikely scenarios.. I am not saying to put a lot of preparation in the more extreme scenarios, but suggesting that the bottom is in or even that BTC prices could not quickly get cut in half seems like a wee bit of betting too much on one side - even if the odds remain that we remain in a bullmarket and also the odds remain that there are limitations of amount and length of time in terms of corrections, ... anyhow... maybe I am repeating myself a bit.. and I am not disagreeing to buying at this point, I just get a bit triggered when peeps are talking about "all" and then even relying on an authority like theymos (nothing against theymos or his recent decent short-term price analysis).


You are trying to say that you were right?

I suppose that might well be good if you played some kind of strategy that ended  up working for you.  I have no problem with my strategy that I have been playing since late 2013 and that has been revised from time to time along the way according to my various further thoughts or accounting for any changes in circumstances that might be relevant along the way.

At this point, I cannot see any reasons for me to reconsider any of my previous comments to the extent that they matter at this point in time or that I might feel that I would change them now?  Are there any specific comments that you would like to redirect me, and maybe I will double down..?   

As far as I am concerned soothsayer wanna bees can fuck off to the extent that they are posturing their lil selfies in such direction, and I hardly even remember any exact context of what we had been discussing.. so did you have more that you wanted to point out to the extent that subsequent events makes it more relevant now than it did during our earlier back and forths.

By the way, if you have never gotten any kind of real sense for my position on a variety of topics related to bitcoin or portfolio management or whatever, I frequently assert that guys need to figure out ways to prepare their lil selfies for price movements in either direction, even extreme price movements.  At this point (with an approaching of a 30% correction from the April 17 $64,895 top), we are still no fucking where close to extreme circumstances.. at least from my current perspective.. and as I type this post, it appears that support in the 30% correction range at $45,501 is currently being tested.. and I even said in a recent post that we could get another 50% or more correction from here (oh.. it's my above post responding to shahzadafzal that is above this one.. so far a BIG whatevers from what I see so far)...

Let's do a test.  BTC price approx. $46,500 at the time you wrote.

(Ah, $46,075 as I write)

the noon wall report at 11:51am


4h


D

Last quarter Tesla sold more than $500 million worth of carbon credits.
Tesla will miss out on $240 million in revenue this year after European car giant Stellantis (a merger between Fiat Chrysler and the French-based PSA Group) revealed it would need far fewer credits to meet European Union emissions regulations than it initially thought.
This loss is assuming Tesla can’t find another customer for the carbon credits.

Enter Bitcoin miners, Elon Musk trashes Bitcoin for its energy use, at the same time promoting Dogshitcoin, helping Bitcoin price to fall. Then offers to solve the problem by offering to sell Bitcoin miners the spare carbon credits. With these, Bitcoin miners now producing a green coin, can fill OTC orders to institutional investors who can continue with plans to add Bitcoin to their balance sheets whilst meeting their Environmental, Social, and Corporate Governance (ESG) obligations.
The ESG is the single biggest barrier to entry for institutions.
Elon happy to keep a source of profit, strengthens TSLA stock.
Institutional investors happy to buy new non tainted environmentally clean bitcoin. Probably at a premium to cover miners increased costs.
Price starts rising again, everyone happy, except Proudhon of course!

To @JayJuanGee

Maybe you will reconsider (and in a more polite way) what I said last month when I felt not confortable with the weakness of BTC. And was thinking that we will probably visit the 40-45K area... Here we are. And unfortunately maybe more pain before any reversal.

i have a weekly @50 at coinbase.

Musk could post coded pull requests for bitcoin client code changes on github ... or he could post shitalk on twitter


.... open source is a meritocracy

And i see the Future and and i see... i seeeee... a Tin Mug   ( See what aj did thea )

https://www.youtube.com/watch?v=ul3vRfw_1qE

I'm from the future. Next week will not be greener. It only gets worse from here.

Do not wanna bash on the Guy too often but i do agree with the Picture xD

Man that Elon Musk Miley Cyrus mixture is just disturbing as it looks so real.
I'm not even going to quote it. 

Ugly dumps, lets hope that next week is a lot greener!

Wow..

$210 per week and about $11k per year.  I like it.  Maybe not necessarily for a person like you, but it does show what peeps might reasonably be able to do and even in a kind of aggressive way to accumulate BTC..and gosh there are likely peeps who could well afford $11k per year, even though a bit too spendy for others... but still I would say that peeps in the $50k to $100k per income level may well be able to consider something approaching $11k per year .. and juggling around some of their priorities.

How far should we look back to consider past performance?  For some strange reason, I kind of have a inclination for 7 years, and if we look at it, we see that $30 per day would have resulted in nearly $77k invested and nearly 88BTC valued at about $5.16 million. 

Of course the magnitude of past performance cannot be guaranteed into the future, but there should be no reason to doubt that bitcoin still remains as amongst the best (if not the actual best) of choices of current investment options, so in that regard $11k per year and at $30 per day should still have decent odds in 7 years... who the fuck knows if it will look good in 1 year or even less than 4 years.. and even that is not guaranteed in terms of shorter time horizons, so yeah, it can be a bit degenerate to either be psychologically or financially depending on such money in less than 4 years.. and surely a longer timeline does tend to be better.. so yeah, probably beyond some other various degenerate aspects that might be read into your (Bob's) situation from some of the facts that we know, I would suggest that if anyone is either psychologically or financially expecting positive returns in a year or anything less than 4 years for any new money that is being injected into bitcoin, then surely they are being a wee bit degenerate in their current thinking.. but surely I am also not suggesting that anyone investing into bitcoin on a 4-10year minimum horizon would necessarily be locked into HODL or whatever, especially if their holdings are in profits on a shorter time frame and they want to shave off some profits or even sell the whole thing for whatever discretionary considerations that they likely have, including accounting for the totality of their own personal financial and psychological circumstances.


Even though that website uses the word crypto, I don't really agree with your parroting such crypto reference.. but otherwise I agree with the overall point that you seem to be making....  and thanks for the link..... that is currently showing fear of 20 which is a pretty BIG ASS and sharp decline from last week's greed of 73....  (of course pointed out by AlcoHoDL as my slow pokie lil selfie was typing this).... interesante...   hahahahaha

Oh man that’s so orgasmic!!!!

Anyway also I don’t have any plans of selling my bitcoins that sooner.. EFT or not ... I just want shitcoin’s gutter to overflow now. Keeping in mind never invest more than you ready to loose... now all my savings which were previously in fiat are in Bitcoin. So for next six to 12 months if Bitcoin keeps swinging $50k-$60k I’m ok with it. Like theymos said “BTC has seemed pretty comfy in the $50k-$60k range“

Look at the historical values. Bitcoin does everything: from Extreme Greed to Extreme Fear!