Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5585. (Read 26607303 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Just cut my own hair. I think it went OK but am sure my wife will either have a fit or keel over laughing.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k



Now imagine he’s hodling Bitcoin too!!!

On his way to Fort Knox, no doubt.
legendary
Activity: 2296
Merit: 2262
BTC or BUST

Whoaza!!!!!  that does look pretty scary for both.  I would not feel too comfortable with the panicking guy grabbing my leg, even if I were to be tethered.

When my Step grandmother was drowning (She couldn't swim and was bouncing around the ledge when she slipped toward the center) I dove in and got under her and pushed her up and tried to get her to the side of the pool (it was a 28 foot round with 4ft on the edge dropping to 7ft in the center) and she was acting just like that guy literally holding me and trying to stand on me without letting me get away. She was a few hundred pounds and I was probably all of 60lbs (skinny 10yr old). Luckily my mother was looking out the window and ran out and dragged her off me while i was holding her above water and running out of breath or I wouldn't be typing this.

Its amazing how easily some people panic!

I basically got drowned like that by a mentally handicapped kid about twice my size when I was young..
Like out of body experience drowned almost died..

He held me under forever using me as a floaty and then finally put his feet on my shoulders and kicked me way down under water which I managed to swim up and away from him afterward..

Thought I was dead..
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
I sold some BTC in February at the 57K top. The problem is, I bought crypto back after the dump. So all in all I do not have any fiat in my hands again  

You sold Bitcoin and bought crypto?

You should sell all your crypto and buy Bitcoin.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23

Speaking of which:

Citibank
Global Perspectives & Solutions

FUTURE OF MONEY
21 April 2021



Quote
FUTURE OF MONEY
CBDCs, Crypto and 21st Century Cash
We live in a digital age. How we communicate, shop, entertain ourselves, take care of our health and order groceries, all look significantly different than how we would have done it just 20 years ago. Banking and finance is also changing. And so is money.
We already have digital money – trillions move every day, electronically. But are we on the cusp of Digital Money 2.0? Not the account-based electronic money that's been around for the past several decades, but a new type of token-based digital money. Tokenization, often via blockchain, is the basis of cryptocurrencies, stablecoins, and many proposed central bank digital currencies (CBDCs).
While much attention has focused on Bitcoin in recent months, the ongoing experiments, pilots, and policy work around CBDCs could be equally if not more significant for the world of money. Central banks around the globe are warming up to CBDCs, triggered by Big Tech, and their ambitions to build alternative payment rails to existing card and bank-based payment systems with tokenized money, as in the case of the Facebook-backed Diem project.
China is currently well ahead of major peers in developing a CBDC (which they call a Digital Currency Electronic Payment, or DCEP) and is already at the point of extensive pilot testing. Given the country's sprint to becoming a cashless society, we expect fast adoption of DCEP over the next five years relative to other CBDCs. Meanwhile, work on a digital Euro is now underway (we expect imminent announcements from the ECB) and U.S. policy makers are also now warming up to the idea of a Digital Dollar.
While stablecoins such as Diem await regulatory approval, they could benefit from the huge network effects of their Big Tech sponsors. In fact, Diem could be an effective tokenized payment format inside the Facebook universe. It is possible other Big Techs could follow into tokenized money, but for now, few have declared this ambition publicly — and Facebook's user reach is extensive (3.3 billion monthly average users) and hard to replicate.
Increased interest in cryptocurrencies like Bitcoin and Ethereum are also driving digital money. Market values have surged recently, with cryptocurrencies valued at an aggregate of approximately $2 trillion. While consumers have driven much of the adoption of crypto, the recent wave appears to be more broad-based versus 2017- 18, with interest from both institutional investors and corporates as well as retail investors. Despite the popularity of crypto, it serves more as a (volatile) digital asset than a transaction currency in most parts of the world today.
All transitions have intended and unintended implications. Tokenized money could disintermediate incumbent financial institutions, increase the volatility and cost of bank deposits, and substitute existing payment form factors such as checks and cards. New payment solutions could disrupt the already crowded payment space. But crypto trading and custody could be a new source of revenue for financial institutions and CBDCs could result in more efficient and targeted monetary and fiscal policy implementation.
The race towards Digital Money 2.0 is on. Some have framed it as a new Space Race or Digital Currency Cold War. In our view, it doesn't have to be a zero sum game — there's a lot of room for the overall digital pie to grow.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
1.
Noticed a bonus-binance.com scam YouTube stream that was recommended to me. I flagged it / reported it. If you want to help, flag this imbecile: https://www.youtube.com/user/MultiTheTempest
Crazy youtube even allows you to simply call your account after a crypto exchange name whilst they are quick to delete provocative right wing views.
Site promises to send you more BNB back than you send them. Sure.  Roll Eyes
It's the same with Facebook. Very poor at preventing money scams, quick to delete anything Trump related.
The social media giants should get their act together. They are a source of scams, fraudsters and hurtful things and try to deflect to others. Pathetic.


2.
Is the Doge dead?



Every dog has a day  but now its days are over.

"Altcoin season" may be a thing for the next few months, while "Dogecoin season" seems to be over...

While attempting NOT to get distracted into too many shitcoin details, how can anyone really know about where one shitcoin or another might be going without some kind of real definitive moves/happenings?  Sure, there does seem to be some pumpening of shitcoins momentum going on, but how can we have any kind of confidence in respect to continuations of such?

I have not really seen anything definitive - but hey, I am not really studying (following) the shitcoin space in any detail besides attempting to maintain some superficial levels of awareness regarding some of that - and surely on the margins, there sometimes could be some affects that shitcoins have on short-term moves of dee king daddy... not saying that the tail wags the dog.. but still seems risky to completely ignore some of the behaviors of snot-nosed 14-year olds - and perhaps a few adults, too.

SOMA, sorry.
Well, not quite 100% SOMA, but some reasonings i can't explain too well without completely losing focus. I tried, four or five times, but i was anything but satisfied with the results. So i'm left to hope that the SOMA explanation (which in fact really isn't one) is sufficient as an answer (i know it isn't).
It's kind of a self fulfilling prophecy of the shitcoin space/communities. Some market forces will help to make them true, while prolly being the first to dump on fomo retail buyers and bagholders later.

Any price predictions?

And for anyone this seems boring, mby some movie suggestions?

Currently i am into "Chuck" Season 1+2. Pretty nerdy, but funny.
As for movies, i'd recommend "Glass", if you haven't seen it.

sr. member
Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
Any price predictions?

And for anyone this seems boring, mby some movie suggestions?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I pushed back my casino trip to sit on my ass and play Railroad Tycoon III and listen to those vids.

Never played that game, but I've been listening to some Civilization 1 music that someone uploaded on youtube.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I've just bought 0.275BTC at 53 300$. If the price doesn't fall below that (again), this anomaly will be for the first time in my life  Grin Grin

As far as I know Bitcoin doesn’t follow any graph, pattern or predictions. Bitcoin have its own math & science.

Yes one thing is certain it will always go up but after how many dips this you can’t know.

From my perspective, you phrase this in a real strange way, shahzadafzal because:

regarding your first point, there are some graphs, patterns and predictions that seem to be somewhat coming true, and of course, the longer term graphs, patterns and predictions seem to have greater probabilities of reflecting both what happened and decent abilities to assign predictive value - and of course better on the longer term rather than the shorter term, but even then, there seems to be a decent amount of shorter term information contained in various charts too.. even though none of them are going to be exactly correct or even be able to account for some surprises or short-term BTC price performances in the opposite than expected direction.

regarding your second point, I don't really disagree with the overall sentiment that BTC prices do seem to have both a historical and a long- term predictive tendency to go up, but still it seems problematic to employ words such as "certain" and "always" in regards to future BTC price performances - even if we can apply those kinds of words to past performances because such past performances already happened.

Looks like the PI Cycle top indicator was right once again. I was suspecting a similar run to 2013. Double top with a bearish summer between. Was watching the Pi cycle top indicator for months on a daily basis. Yet all other indicators showed we are not there yet. Looks like a bearish summer indeed.

no no no no no no no no no no no no no

stop that negative vibe this instant !

True! We are still millionairs right  Smiley

Not everyone of us, but some of us do seem to be getting quite close to moving beyond ramen noodles, even though there may well be some shell-shocker like tendencies to NOT go overboard on the spending too quickly.

It's just so hard to take profits. I never took any profit in the last 8 years. And it's always this greedy thinking "what if I take profits and we go higher...".

Hard to believe you, here.  Sounds like you are just making shit up in order to try to show that you can relate to various circumstances of actual HODLers versus someone who likely has hardly any stake in bitcoin, if at all.

Another thing.  Maybe you can describe what your last supposed 8 years in bitcoin have been like?  Maybe also let us know if you have held this same account for your whole time in bitcoin, too?

Also in regards to BTC accumulation specifically, did you front load?  Did buy along the way?  Did you have any targets or goals in terms of accumulation, maintenance and/or liquidation?  Did you buy on dips along the way or have plans to do so?  Of course, you said that you did not sell any, so we can cross that possibility out of what you did along the way..   But still having some troubles with this in regards to what dilemmas that you might be supposedly having, exactly?  You do not know when to sell some BTC or to shave some profits off, right?  Maybe that means that you have not accumulated enough? Or what is the issue?

I bet many here are trapped in this swampy thinking as well no?

I would think that feelings of "trapped" would depend, in part, on circumstances of each HODLer/ BTC accumulator, no?  We should not be presuming the same dilemmas upon each person, even if that person may have been into BTC for 8-ish years.

Personally, based on my own nearly 7.5 years in bitcoin, I would think that having 8 years in bitcoin should help to resolve dilemmas for a lot of folks, but I understand that some folks who have been in bitcoin for so long have BIGGER mistakes than others, even though many of us who are largely trying to stay focused on bitcoin already realize that when the BTC prices seem to be moving rapidly UPward, even achieving 5x or 6.5x profits in the past 8 months, there could be some dilemmas caused by such considerable BTC price movements if we do not have an adequate plan (or we start to question the plans that we have), and sure if there are some of us who have not sold any (and that is surely not me, but I appreciate that some of those peeps exist, even herein).. but some of those folks are also pretty decently comfortable (on paper - especially if they have been in a long time) - even though they could well have some existential crises if we were to drop 50% or more from our April 14 ATH of $64,895... not sure if such 50% BTC price drop has decent chances of happening, but surely such 50% or more drop is way beyond zero likelihood, and may even be in the 40% or more ballpark of happening in the next 2-6 months (not sure if I am thinking too bearishly, here?).

My first goal was to take profits at 40k. Then I Moved it to 50k. Then I said ok 60k for sure. And so on... Now I say ok 95k.

Why all or nothing kind of thinking as to when to start talking some profits?  If you are having such a dilemma, supposedly, why move the number up rather than just shaving a bit off?  Maybe you could shave off a smaller amount, so you do not feel so worried about it, supposedly

Maybe you should explain your details a bit more, so we can understand why you might be having such supposed dilemma?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it

Whoaza!!!!!  that does look pretty scary for both.  I would not feel too comfortable with the panicking guy grabbing my leg, even if I were to be tethered.

When my Step grandmother was drowning (She couldn't swim and was bouncing around the ledge when she slipped toward the center) I dove in and got under her and pushed her up and tried to get her to the side of the pool (it was a 28 foot round with 4ft on the edge dropping to 7ft in the center) and she was acting just like that guy literally holding me and trying to stand on me without letting me get away. She was a few hundred pounds and I was probably all of 60lbs (skinny 10yr old). Luckily my mother was looking out the window and ran out and dragged her off me while i was holding her above water and running out of breath or I wouldn't be typing this.

Its amazing how easily some people panic!

Rage against the chipmunks  Cheesy Grin
Gotta replace my alarm ringtone with that song for a while  Cool

Haha, good choice!

Thanx for link m8. Loved it.
That picking bass player/ track /sound  is nothing short of badass stupendous.
Yes, playing a bass with a pick is totally cool in my book.
(that's how I played bass back in the day, just no where near as good as that dude)

Glad you enjoyed it!

I pushed back my casino trip to sit on my ass and play Railroad Tycoon III and listen to those vids.
copper member
Activity: 1526
Merit: 2890



Now imagine he’s hodling Bitcoin too!!!
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

Whoaza!!!!!  that does look pretty scary for both.  I would not feel too comfortable with the panicking guy grabbing my leg, even if I were to be tethered.

1.
Noticed a bonus-binance.com scam YouTube stream that was recommended to me. I flagged it / reported it. If you want to help, flag this imbecile: https://www.youtube.com/user/MultiTheTempest
Crazy youtube even allows you to simply call your account after a crypto exchange name whilst they are quick to delete provocative right wing views.
Site promises to send you more BNB back than you send them. Sure.  Roll Eyes
It's the same with Facebook. Very poor at preventing money scams, quick to delete anything Trump related.
The social media giants should get their act together. They are a source of scams, fraudsters and hurtful things and try to deflect to others. Pathetic.


2.
Is the Doge dead?



Every dog has a day  but now its days are over.

"Altcoin season" may be a thing for the next few months, while "Dogecoin season" seems to be over...

While attempting NOT to get distracted into too many shitcoin details, how can anyone really know about where one shitcoin or another might be going without some kind of real definitive moves/happenings?  Sure, there does seem to be some pumpening of shitcoins momentum going on, but how can we have any kind of confidence in respect to continuations of such?

I have not really seen anything definitive - but hey, I am not really studying (following) the shitcoin space in any detail besides attempting to maintain some superficial levels of awareness regarding some of that - and surely on the margins, there sometimes could be some affects that shitcoins have on short-term moves of dee king daddy... not saying that the tail wags the dog.. but still seems risky to completely ignore some of the behaviors of snot-nosed 14-year olds - and perhaps a few adults, too.
sr. member
Activity: 719
Merit: 388
It's just so hard to take profits. I never took any profit in the last 8 years. And it's always this greedy thinking "what if I take profits and we go higher...". I bet many here are trapped in this swampy thinking as well no?

My first goal was to take profits at 40k. Then I Moved it to 50k. Then I said ok 60k for sure. And so on... Now I say ok 95k.

My recommendation is to take a bit of profit at every major pump. Not much, just a little pin money so that way if it goes down you can think "well, I have this little pile of money from when it was up, all is well" and if it goes up MOAR you don't feel like you sold the stash.



Ok I was not quite honest. I sold some BTC in February at the 57K top. The problem is, I bought crypto back after the dump. So all in all I do not have any fiat in my hands again  Cheesy

I might consider to sell some if we go near 6 digits and stake that as usd coin on crypto.com. Gives a whooping 14% yearly revenue. And if the crypto market crashes, you continue making money with fiat based crypto. That would be 140k a year if you stake 1 million. That's almost 12k a month of passive income with low risk, besides if crypto.com does the mtgox or the fiat currencies completely collapse.


These yearly yield of 14% are never guaranteed.. Can change almost day by day, and I would be not that confident of this yield when we will be for a while again in a bear market... I don't say it is a bad idea, but maybe dont put too much expectation on it (especially for the yield in a medium-long term). And yes, still the risk to loose your fund as well as you send to a exchange / third party your crypto for this kind of stacking.
legendary
Activity: 3388
Merit: 3514
born once atheist
.....
The social media giants should get their act together. They are a source of scams, fraudsters and hurtful things and try to deflect to others. Pathetic.


AKA the Internet.
You just gotta learn to sort the wheat from the chaff.
A skill sadly lacking in this day and age of personnel, swiping device, bubble realities.
Its why a moron got elected as potus in 2016, among other things.


Is the Doge dead?


idk...who cares?
legendary
Activity: 2184
Merit: 1213
It's just so hard to take profits. I never took any profit in the last 8 years. And it's always this greedy thinking "what if I take profits and we go higher...". I bet many here are trapped in this swampy thinking as well no?

My first goal was to take profits at 40k. Then I Moved it to 50k. Then I said ok 60k for sure. And so on... Now I say ok 95k.

My recommendation is to take a bit of profit at every major pump. Not much, just a little pin money so that way if it goes down you can think "well, I have this little pile of money from when it was up, all is well" and if it goes up MOAR you don't feel like you sold the stash.



Ok I was not quite honest. I sold some BTC in February at the 57K top. The problem is, I bought crypto back after the dump. So all in all I do not have any fiat in my hands again  Cheesy

I might consider to sell some if we go near 6 digits and stake that as usd coin on crypto.com. Gives a whooping 14% yearly revenue. And if the crypto market crashes, you continue making money with fiat based crypto. That would be 140k a year if you stake 1 million. That's almost 12k a month of passive income with low risk, besides if crypto.com does the mtgox or the fiat currencies completely collapse.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
I've just bought 0.275BTC at 53 300$. If the price doesn't fall below that (again), this anomaly will be for the first time in my life  Grin Grin

As far as I know Bitcoin doesn’t follow any graph, pattern or predictions. Bitcoin have its own math & science.

Yes one thing is certain it will always go up but after how many dips this you can’t know.

You are absolutely right, It will always go up but why and when it goes up? The straight answer is when Demand is higher than supply. The demand of BTC has grown tremendously during the past six months that was driven by the factors illustrated in attached image: The general perception of common man about Bitcoin is that it can make you Millionaire within very short time and this perception is attracting huge investment in Bitcoin because nobody wants to miss this Bus of opportunity..



legendary
Activity: 1526
Merit: 2617
Biden promising to halve emissions by 2030.  Roll Eyes

Good luck with that.

I take it everyone gets a free Tesla helicoptered to their home and Biden is going to teach all American squirrels how to run on treadmills to generate electricity?

Trying to improve conditions for future generations. What an asshole!

As if Biden cares about future generations.

I'm sure by 2030 even more people will be waiting on that helicopter money whilst slaves on the other side of the planet are making the solar panels they need to buy with it.
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
Destroy the economy and nobody has any reason or funds to travel. Simple.

We need to sit down and watch some Mad Max movies Richy. Do you have Leather chaps by chance?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Quote
In Huge Reversal, China Now Calls Bitcoin "Investment Alternative" After Years Of Crackdowns

https://www.zerohedge.com/markets/huge-reversal-china-now-calls-bitcoin-investment-alternative-after-years-crackdowns

Gosh, I don't know Hueristic.

I am not even picking on China because it seems that a lot of governments have been wishy-washy (and all over the place) in regards to bitcoin over the years, and maybe it goes to show that we should not be monolithening our thinking about any of the governments - unless somehow they are able to show that they have some kind of consistent policies approach to bitcoin, which there are likely few examples of that - unless it happens to be some small level government - and even China seems way too damned BIG and diverse to coordinate some kind of consistent policies in regards to something like bitcoin - a phenomena that is quite challenging to substantively and meaningfully control any aspect of it.

Does the wishy-washiness signify that we could be winning?  Not sure about that, either, except bitcoin's overall market and price performance in both recent and even longer term assessments, and maybe even some lackenings in abilities for a variety of governments to coordinate hostile government policies against bitcoin in any kind of sweeping sense, including that institutions (and even BIGGER and public players) are increasingly coming into bitcoin (even with some bitcoin-friendly policies in that regard) - does seem to show that "we" may well be "winning", at least for the time being.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Biden promising to halve emissions by 2030.  Roll Eyes

Good luck with that.

I take it everyone gets a free Tesla helicoptered to their home and Biden is going to teach all American squirrels how to run on treadmills to generate electricity?

Destroy the economy and nobody has any reason or funds to travel. Simple.
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