Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5850. (Read 26716410 times)

More bots playing on the market for sure.
But patterns are some kind of "oldschool" stuff that might not work well with crypto.

I think i experienced about half of the expected outcomes of the patterns i know.
A pattern is a hint, or hope for, not a guarantee for a certain market movement.
We're at the old probability issue again...

https://twitter.com/MarcusConnorNH/status/1374720670190428163?s=20

Awesome beautiful .... 

Creator of the BTC rollercoaster, improved the original for the occasion

Weird, when we have an inverse shampoo pattern or a W, we had a breakout, but this was completely sold back. We have 4k candles in the 5 minutes Charts. Sorry but that is not normal. Are Bots in some kind of war currently?

I had to set VPN to the US to get the Bitcoin option. Even after choosing US as the location.

I agree. A "want anything" mindset is not the same as "rich as fuck" (RAF).  
My priorities would be ordered like:
 
1. Fulfill dreams
2. Leave out the useless things (=not-dreams)
3. Constant balancing of these two priorities.

Many RAF people just want to show off, experience the unexperienced and also want to be adored for their richness. The latter would manifest in things like (many) gold plated supercars, buldings designed by the most expensive architects in the world, private spaceships (SCNR), stuff you don't really enjoy, but more just play with.

A fishing bay, a racetrack, modern fence, kettle... seem more like sane but still exclusive things to (really) enjoy.
That's two different pairs of shoes, as a popular saying in my home country goes.

I had understood that the blawb was referring to a variety of cost overruns that go beyond some of the initial expectations.. so surely, in and of themselves each one might not make any meaningful difference, but if you keep adding them together, they start to add up to real money.


I agree that doubling (or some other significant increase) does seem to be pretty likely with whatever value is remaining in bitcoin.. .. surely not guaranteed.. but in the ballpark of decent odds.  On the other hand, I have some difficulties in conceptualizing the spending of value before I have it, but whatever, I am playing a broken record if I were to go down that path at this point.

 

Sell the rumor buy the news.. or something.

But was it even news? When I saw it this morning it felt like this was already "out", no?

Well how about this next support line... much more support here!

As I mentioned totally natural market behavior... Totally...

It's totally natural market behavior, that we dump without any bad news. We have even awesome news, but we go down. That's a totally natural market behavior of a huge number of diversified market participants. I am totally sure of it. Someone mentioned a decline of shot positions whilethe market goes down. He mentioned also manipulation through high frequency trading... But I think, it is totally normal, that the market is selling of in a bull run with extrem bullish news. Sure... End of ranting. I am sad, because have no fiat for buy the dip.

$15k? $50k-$60k? $100k? Huh? Is this an OPSEC protection post?

These amounts should be fucking peanuts for you guys! Based on my impression about your BTC holdings, I was expecting amounts north of $500k to start worrying you.

Of course, expenses can accumulate on such an ambitious project, so maybe Rick is just trying to keep things under control and making sure you don't go over your planned budget. The voice of sanity kind of thing. Which is good.

In any case, in a few months' time you'll have, at the very least, double the current fiat-worth of your stash (as will all of us HoDLers), so King Daddy Bitcoin will sort you guys out.  

Haha, svenne? Yeah, makes sense. Just had me thinking in my drunken state.

I was so excited when Tesla announced they gonna keep hodling BTCs.
Why is the price still going down despite the big announcement?

Went from 56$k to 54k$ 

Yeah, it seems that anyone is still going to need to account for budgeting decisions and to keep track of moneys, especially the larger purchases.. so for example, if based on finances, there was a decision to buy 200 acres, and then after considering the physical layout and various practicalities of "wanting more", there was a decision to buy an additional 40 acres, sometimes larger purchases are going to trigger a need to reconsider financial matters, and if there was enough money in the petty cash fund to cover the 40 acres, then there might be questions about replacing money in the petty cash funds to cover such a likely large withdrawal.

Sure, sometimes there still can be assistance from accountants, but still there might be some considerable difficulties to completely forget about money and just live in a way that is "rich as fuck."

I don't claim to be any kind of expert in regards to figuring out how to spend some moneys, and sure there could be a certain amount, such a $1million or $2million that ends up going into a "do whatever you like" fund, and but I really doubt that the whole budget can be ignored, even if there were $100 million in the fund, if you go out and start buying yachts and planes without really considering maintenance costs and staffing costs, the funds could get depleted if they are not categorized and attempts are made to contain some costs.

Damn that’s a lot of red whale calls.... though price still 54xxx .....

What’s gotta happen for us to break out of this range? I keep seeing stuff about supply drying up on exchanges but the price isn’t reflecting that yet. I still think maybe 75000 by the end of April. Who is selling now, idiots.

Skatteverket will definitely come after you if you'd register the Tesla, bloodhounds like they are (especially if you've reported any bitcoin sales in the past).

Pretty much. Places where you"don't" can have other.... stability issues that would require funding a personal standing army or a very fast helicopter for escape purposes.

Not much in the way of a true free lunch out there. And to be honest a 20% CG tax on this bitcoin runup is really a tax for ants....

Now since Tesla is accepting BTC as payment, had me thinking...

An unmodified Tesla Model 3 in the US is roughly $40k. In my country (Sweden) the price is almost $70k. So if I bought a Tesla in the US, and had it shipped to Sweden, do you think Tesla would report that purchace to the swedish IRS? Hmm 

Useless.
Here's the bigger pic: