Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5557. (Read 26607452 times)

btw,
1) humans are omnivores
2) males have penises
3) females have vaginas
4) the sun warms the earth

science is not complicated unless you're retarded to begin with

... indeed, case closed, you're socialist, entirely possible you are also retarded by insufficient brain nutrition.

@WClementeIII

Every major indicator has been reset. All the weak hands have been shaken out. All the leverage has been flushed out.

This next #bitcoin  leg up will melt faces.

https://twitter.com/wclementeiii/status/1386804053288628225?s=21

People have to remember Bitcoin is bigger than Musk, Saylor and McAfee.

All these guys will come and go whenever it suits them and do what's best for them and say things that sound wonderful during that time.
In the end they just move on to whatever is next in their lives or in the case of McAfee go to jail.

Perhaps Saylor will keep it up and will remain a Bitcoin advocate, but I'm not sure. He seemed to get into the game very late. I thought it was late when I bought my stash.
(That's not to say no one can enter then, now or tomorrow but someone that spouts that type of economic logic it just seems a little like: well why didn't you see that a bit sooner, no?)
I think he sounds overly involved at the moment to the point he might be burned out by the next bear market and perhaps lose interest if many outlets will probably ask him "what now?"

Hopefully he will keep his coins though like he said he would.

McAfee was always a mental unstable type of person with many problems he created for himself.

Musk has far too many interests to only stick with crypto, by the next bear market you will not see him tweet ever about crypto. Also, many of his interests go beyond just making money. Which is fair enough.

Where did they sell? On an exchange, or somewhere else?

obviously advertising for the WO

i hear some llama is spreading word that some gentlemen here on the WO who bought lake ontario and are building a citadel out of texas are trying to figure out if its better to move the lake to texas, move texas to the lake, or build a canal between the two with cruise boats going back and forth.

fear the llama logo

Sure I would check that too and sell 1 Bitcoin to see if it works in reverse, but then keep the other 33,332 safe in my control.

I was disappointed by Tesla, finally its traditional financial advisers are still betting on the failed FIAT-based economy.


Source:https://twitter.com/AlbyEarley/status/1386786504509427722

Boring? Back up 8% in a day.
To put that in perspective. If that happened every day we'd be at a new ATH within 3 days and 100K in just over a week.

https://twitter.com/excellion/status/1386777620604325888?s=21

Spotted a llama what does it means ?

What a boring time. Bitcoin seems to be making moves but only in the wrong direction.. waiting for it to recover seems like a damn eternity!

Is there any chance he's purchased Doge temporarily instead, moving from BTC onto it in order to multiply his coins? He already knew very well how much influence one tweet of his could have over an alt.

Oh my, Sayeds56, your response sounds even worse than it did when I responded to the original post, and surely you are going beyond my response.

In any event to address your further point, it seems quite ridiculous that suggest that the ONLY tool is the 21 week moving average to attempt to gauge if we are in a bearish or bullish posture.

Besides a lot of technical indicators having limited applicability, we have BTC price prediction models that likely tell us, way the fuck better, whether BTC happens to be in a bullish or bearish posture, and those include the following (but not limited to, for sure):  1) stock to flow, 2) four-year fractal, 3) exponential s-curve adoption based on Metcalfe principles and network effects.


Yes, a cutie for sure.. but what about other techniques such as DCA, buying on dips and lump sum capital injections? 

Even though we might be deviating from the topic of my original response, seems that besides HODL there might be other tactics that could be employed and or consulted, too (am I not called koreck?).  I would not want to presume that there is already a sufficient and/adequate accumulation of the corn, and other tactics may well be currently slipping from my data base(whoops) thinkenings.

Muh iNsTituTions NeVer sEll... 

Weak handed Musk...

It seems that I agree with everything you said, except your suggestion that bitcoin does not work for lefties ... or for variants of statists.

I also have a bit of trouble with the strength of your assertion that there is nothing that governments can do about bitcoin blah blah blah...   To be clear, I do not disagree with the sentiment that bitcoin places obstacles in terms of what governments might be able to reasonably do or try to do, but governments do not likely become impotent because of bitcoin.

I am NOT proclaiming to be any kind of expert or anything like that because I am just a regular peep with my right and wrong ideas, and I believe that we can try to attempt to think about these kinds of matters in less all or nothing terms in the sense that bitcoin exists and it creates a whole bunch of incentives that are likely evolving with the passage of time and the increases in network effects, so in that regard, there has been back and forth with bitcoin and there is likely going to continue to be back and forth with bitcoin - whether we are referring to governments, institutions (such as status quo financial institutions) and/or individuals (such as rich peeps who have traditionally manipulated various systems more than poor peeps). 

Many of us who have been investing into bitcoin (and apparently including you, eddie13) recognize that in a variety of ways, bitcoin has already won, and some things that governments, institutions and individuals were able to do in order to stifle or stop bitcoin have become much more difficult (if not impossible to attempt to do), and I am not even saying that there might not be some pretty damned intensive battles against bitcoin and attempted attacks from within, and it does seem quite unlikely that any of them are going to be successful (and probably a pretty straight forward reason that a lot of us continue to be bullish about bitcoin's future prospects), and none of us are sorcerers, exactly (even though there may well be a lot of wannabe sorcerers amongst us), so the way forward, could have a lot of challenges and even a decent amount of physical violence (which is one of the favorite tools of someone who perceive themselves to be running out of options whether state, institutions or individuals), and alternatively (which seems to be a kind of picture that you are painting eddie13), the transition could end up playing out way more non-violently than within our historical past when it comes to threats to the status quo.

TSLA is releasing their financial results.
They didn't Hodl, and sold some of their bitcoin stash:

Tesla Bought 1.5 B in Bitcoins


Nothing too worrisome. If I had bought 1.5BLN in BTC, I would like to check the trade is working also on the other way round!

So, it seems we are still in that "downward channel" (for those that paint that kind of pictures) starting after the Apr. 17th dump.
Fast order fluctuation on stamp, imho the market forces' fight on staying in / breaking out of said channel is full on atm.
#hodl

EDIT: Mind the upcoming CME futures expiry date(s), traders better be prepared for an intermediate drop  . Hodlers? Not affected, as always  

EDIT2: https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_product_calendar_futures.html

Seems to early for this kind of dip, though. Looks like there is some valid support $53k-$53.3k
Quite interesting...

 

C'mon, tame your lil ego!

This shit from coinbase is totally laughable, so do yourself a favor and laugh about it.

Why would you support those segwit denying, blockchain bloating, bcash supporting assholes, use Gemini if you're in US.



*Mandatory coinbase user reference