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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6024. (Read 26712741 times)

legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
And, of course, also, if you feel that you do not have enough, you can continue to DCA.. even if it is only $10 per week... though for fee purposes, it may be better to let your amount build up to something like $80 or $100 and then buy once you reach certain thresholds of value.

It that's the issue probably better to keep coins on the exchange until you have enough to make the (artificially high) fees worthwhile
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
#Bitcoin  is now halfway between the bull market cycles of 2013-2017.

$75k by end of March still on target IMO.


foto jpg
https://twitter.com/btc_archive/status/1363898712045596682?s=21

I am very suspicious of a graph that uses an “average” of two widely separated data points and then draws conclusions from it ... the average will, by necessity, follow the higher value rather closely.  I think (but without having done any analysis to back it up) it would make more sense to do a sort of trend analysis ... e.g. I imagine each halving is likely to be proportionately less impactful and/or take proportionally longer for its effects to be seen as the relative effect is smaller (e.g. when compared to the number of coins already issued).

We never really had institutional investment before. Look, Musk & Saylor are on board, how many more are secretly buying? This could quite easily be a super cycle & we pump to $500,000 or something. Bitcoin is far more mainstream than during the last 2 cycles. We haven't even had retail FOMO yet during this cycle. We are nowhere near the top now.
newbie
Activity: 62
Merit: 0
Trying to read some posts of this topic from the beginning (~2013) will bring you nostalgia and make you nervous. Though, if you insist and decide to search you will find charts that are from sub $100/btc.  Smiley
Now at 50k a lot of things have changed but one hasn't changed and I'm not sure if it will ever change. It's the people reactions after every correction.
You will see people panic and trying to log in the exchange to sell their coins. Of course, I'm not saying that selling isn't good. If nobody was selling, then we wouldn't be able to buy but I am just saying that they haven't learned the game yet and I don't believe that they will ever will..
hero member
Activity: 1029
Merit: 712
#Bitcoin  is now halfway between the bull market cycles of 2013-2017.

$75k by end of March still on target IMO.


foto jpg
https://twitter.com/btc_archive/status/1363898712045596682?s=21

I am very suspicious of a graph that uses an “average” of two widely separated data points and then draws conclusions from it ... the average will, by necessity, follow the higher value rather closely.  I think (but without having done any analysis to back it up) it would make more sense to do a sort of trend analysis ... e.g. I imagine each halving is likely to be proportionately less impactful and/or take proportionally longer for its effects to be seen as the relative effect is smaller (e.g. when compared to the number of coins already issued).
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
Laser eyes were cool for about 24 hours and counting... Then the mETH heads went and trying to ruin the party by copying it, but epic failing, we will keep leading the way.

Ergo, laser eyes are no insanely longer cool.

Fight  Join me. As I do laser dildo as well, might get some laser eyes as well...

FTFY
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01

I'd dare to add: ... in the beginning.

This is indeed an almost perfect replica of my trading FOMO-weak-hands-panic-selling habits a few years ago.

However, I think you really need this phase to learn and in a certain way even "grow" (sorry don't like to use big words like this one but can't think of a better one) in your trading experience.

"Petit à petit" you"ll start to recognize your own (wrong) patterns and correct them more and more along the way.

The only important advice I'd add is to start on a very small budget. I did, in a way thankfully because I simply had very little money after graduation. (this thought still drives me crazy now because if I had had the money to invest at the point where I started believing in the BTC concept, I would be able to stop working now... But that's an other discussion Lips sealed)

If you put too much money into this, at a time where your experience is too limited, you'll lose a lot and get disgusted and out of the game before you even got started to build up a minimal level of experience.

So a very recognizable situation in the pictures above.

Also, my wife says the monkey and I look alike.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
And on slightly less good news: It looks like Daft Punk has ended their run.
https://www.youtube.com/watch?v=DuDX6wNfjqc
As they say, drat. Off to find my copy of Random Access Memories....

Very sad to hear. The production work that went into "Random Access Memories" was pure love for the art of music.
hero member
Activity: 812
Merit: 587
Space Lord
Bitcoin is definitely dead this time.
It was fun whilst it lasted.
Shame.


Yup. Cashed out, bought a cardboard box to live in.

Thanks
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Bitcoin is definitely dead this time.
It was fun whilst it lasted.
Shame.


Yup. Cashed out, bought a cardboard box to live in.
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Sometimes you instantly regret getting something when you haven't thought about the negative consequences of that thing that you only saw the good sides of.
https://imgur.com/gallery/y8G9HAe



legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

...

Not all corps have strong hands.  Take Nextech AR for example.  They purchased 2m worth in late 2020 with a commitment to increase that in 2021 and then dumped it shortly after they tweeted it out.  Weak assed CFO couldnt handle the dip.
 
https://mobile.twitter.com/Xrtoday/status/1349011999393517569

2m is hardly large. Whoever handles their treasury was ignorant of how bitcoin works and chickened out due to FUD about the non-existent double spend issue.
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
#Bitcoin  is now halfway between the bull market cycles of 2013-2017.

$75k by end of March still on target IMO.


foto jpg
https://twitter.com/btc_archive/status/1363898712045596682?s=21
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
Just when Bitcoin (and several alts) show a +/- 10% (and worse) correction, "the Ripple" goes up 13%. Anything, but not that! Tongue
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Just checked my cold storage and noticed that I've recently received two very tiny amounts on one of my addresses (same address for both). The last transaction to my wallet, apart from these two, happened more than one year ago...

What is this? Anyone noticed it too? Should I be worried?

Thanks.

Yes, they dusted one of my addresses too. They used 547 sats deposits and many addresses received the same amount.  When you check the tx in the explorer it says something about "use full power of anonymity" and blah blah.

I checked the "dont spend" in coin control tab in Electrum and forgot about it.


Yes, exactly. Same amount on mine too. I guess someone wanted to "mark" our addresses...

I haven't seen a "Don't Spend" option in Trezor. Will check it out. Thanks.


You want to do 'coin control' to not lose privacy. If you for example consolidate addresses (even unknowingly because the balance of two addresses needs to be combined to do a single payment), the dust attacker now knows which other address(es) you own.

Seems that at least three years ago Trezor was not planning to add it to their web wallet:
https://www.reddit.com/r/TREZOR/comments/6svvkt/coin_control_for_trezor/dlfypev/

You can of course hook up your Trezor to Electrum instead, and do the coin control from there:
https://bitcoinelectrum.com/how-to-spend-specific-utxos-in-electrum/
legendary
Activity: 3808
Merit: 7912
And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

 Da funk?!   Huh
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

R.I.P.
The video left me speechless.
hero member
Activity: 812
Merit: 587
Space Lord
After being a scared cat for so long, you decide to buy some crypto at k56  just to fit in...

now today you decide to look at your crypto portfolio and to show off but that dip on the charts makes you to start seeing things such as.

Sometimes crypto teaches you to have a big heart, happy trading WO


Stay strong
https://twitter.com/BootstrapBandit/status/1363662923407720449

strong hand Cool

LOOOL
legendary
Activity: 3808
Merit: 7912
Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

1. Is not going to sell mere days, weeks, or months after doing so. They are in it for the long haul.... years.

2. Went through months of internal dialogue, planning, board decisions, and a fucking *mountain* of legal & regulatory hurdles, sessions, paperwork, fees & other costs, etc. just to take up said btc position. You really think after all of that, they're just going to turn around a few weeks or months later and YOLO dump everything on the open market? Really?

 Not all corps have strong hands.  Take Nextech AR for example.  They purchased 2m worth in late 2020 with a commitment to increase that in 2021 and then dumped it shortly after they tweeted it out.  Weak assed CFO couldnt handle the dip.
 
https://mobile.twitter.com/Xrtoday/status/1349011999393517569

Sometimes you instantly regret getting something when you haven't thought about the negative consequences of that thing that you only saw the good sides of.
https://imgur.com/gallery/y8G9HAe
 

 Certainly he regrets selling when he did.  Bitcoin did a 180 right after they pulled the plug.
 I guess it's still better than having a tiger cub piss all over your face.  Weird the way she let him piss all over her face and in her mouth rather than doing something to stop it... Is that some kind of new CFNT(iger) porn?  Not the outcome I expected.


 
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