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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6094. (Read 26712678 times)

legendary
Activity: 3794
Merit: 5474
Way to go, City of Miami! Awesome bitcoin news! (yes old news but I missed it)

https://twitter.com/FrancisSuarez/status/1360069847971954690
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
Liking the chart as well.  The sad part is that it is more about the green line coming down to bitcoin than the other way around. The dollar is collapsing in slow motion.

The dollar losing maybe 10-20% annually, while corn roughly doubles every year...

And maybe it will sextuple this year... Yeah, I like that word. sextuple.
hero member
Activity: 1011
Merit: 721
Decentralize everything
past feelings... yeah, that's a good description. I noticed I don't feel that way anymore. It's replaced with absolute certainty now, no stress at all.

As Michael Saylor would say, my only fear now is that I'm irresponsibly short!
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
nice one!  Smiley

i was describing past feelings in weak moments, and especially in earlier times, when the risk was more real.

in 2021 it is a different picture, but i had the feeling dieselmeister (and maybe others?) are still feeling it may be very risky.

to me, it isnt anymore. i was never more convinced, never more bullish.

past feelings... yeah, that's a good description. I noticed I don't feel that way anymore. It's replaced with absolute certainty now, no stress at all.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
$1m per coin before 2030 and it will up another 10x from 2030 to 2040.




i will never be able to unsee this. this green line.... it appears to be around the corner. just a lil pump...   Cheesy


Liking the chart as well.  The sad part is that it is more about the green line coming down to bitcoin than the other way around. The dollar is collapsing in slow motion.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
{...snip...}
I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.
Elwar, bro, what are you smoking?

We’re still early in this bull cycle
My thoughts exactly. I like the rainbow graph, and it could easily go 3 times higher before dropping to a value above the previous ATH.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
We’re still early in this bull cycle, I’d estimate that the price will treble triple, quadruple, quintuple or even sextuple from here.

FTFY. Grin
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
But I would not be surprised if we reached the top for this cycle.

I would - extremely surprised.
It is not a double top - if the second top is higher than the first one you know.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
{...snip...}
I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.

Elwar, bro, what are you smoking?

We’re still early in this bull cycle, I’d estimate that the price will treble from here.
legendary
Activity: 2310
Merit: 1422
A simple question about trading on exchanges: is it safe to assume that over 90% of trading we see happening on exchanges is made by bots? Meaning professional traders and entities run bots and automate trades while 10% of regulars trade actually against them.
Is that so?

The bot by itself can't make profit. Only if the trader has the right strategy it can help him, especially during the night. However, it takes much time to deal with all the obstacles. And this is for the regular trading. For the short/long trading the bots are even more complicated and cost more. If someone invented an algorithm that in long term makes some profit, than he will become very rich and famous. Since this haven't happened yet, I think that it is impossible to make such a man-free algorithm. Therefore, I believe most of the traders either don't use bots at all, or use only partially bots with limited functions, like to have a stop loss for the night. This of course can be done without bots on some exchanges, but others don't have such tools.
From what I know, and I can't disclose more, market making and liquidity is provided mostly by bots or market making software via API.
I'm not interested whether they make profit or not but wanted to get an idea of how fake the market can be right now.

A simple question about trading on exchanges: is it safe to assume that over 90% of trading we see happening on exchanges is made by bots? Meaning professional traders and entities run bots and automate trades while 10% of regulars trade actually against them.
Is that so?

Depends on exchange, overall now it's probably over 90%, some exchanges just do wash trades with themselves all day to pretend that they have volume
Wash trades...  Grin

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I set a sell order about 2 years ago for just under $50k because that's where I saw the charts going this round.

I figured I'd put it under $50k due to the psychological barrier that it is.

The price was within $150 of my sell.

I was selling just enough for capital gains purposes to be ok as well as giving me enough cash to make it to through the next 4 year cycle when the price will be much higher.

I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.

However...I don't think the dip will be as bad this time around with the dollar coming close to being valued at less than the cost of the paper it's printed on.

I used to watch the prices of wallpaper vs the size of a dollar. I figured that once the dollar was cheaper than the wallpaper I'd wallpaper one of my rooms with dollars.
legendary
Activity: 2338
Merit: 2106
it sometimes feels like going into a casino, put lots of money on "red" at the roulette table, winning it, but then decide to leave it all on red for another round... and another round... and another round   - a perpetual high risk/high reward gamble.

Exactly my thoughts... one day I realized that sell/not sell decisions are like choosing red/black on high stakes roulette spin... it's weird.

Never wanted to play high-risk casino games, but life finds a way, haha...

I don't find it very stressful tho, since I'm not 100% in bitcon, plus the odds are very assymmetrical.

When "red' doubles your money every year, it's easy to keep playing.

I can understand what you're saying, and 600watt's comments, but I must disagree with you both, on the "casino" part. To me, it does not feel like a casino bet. Not at all. It feels more certain than many other decisions that are way more certain than a casino bet. Maybe it takes years of HoDL hardening to feel that way, but I do.

Rest assured, if HoDLing Bitcoin is equivalent to betting on RED, then the roulette wheel looks like the one below.

The highest risk in this game is NOT to play.




nice one!  Smiley

i was describing past feelings in weak moments, and especially in earlier times, when the risk was more real.

in 2021 it is a different picture, but i had the feeling dieselmeister (and maybe others?) are still feeling it may be very risky.

to me, it isnt anymore. i was never more convinced, never more bullish.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
it sometimes feels like going into a casino, put lots of money on "red" at the roulette table, winning it, but then decide to leave it all on red for another round... and another round... and another round   - a perpetual high risk/high reward gamble.

Exactly my thoughts... one day I realized that sell/not sell decisions are like choosing red/black on high stakes roulette spin... it's weird.

Never wanted to play high-risk casino games, but life finds a way, haha...

I don't find it very stressful tho, since I'm not 100% in bitcon, plus the odds are very assymmetrical.

When "red' doubles your money every year, it's easy to keep playing.

I can understand what you're saying, and 600watt's comments, but I must disagree with you both, on the "casino" part. To me, "betting" on Bitcoin does not feel like a casino bet. Not at all. It feels more certain than many other decisions that are way more certain than a casino bet. Maybe it takes years of HoDL hardening to feel that way, but I do.

Rest assured, if HoDLing Bitcoin is equivalent to betting on RED, then the roulette wheel looks like the one below.

The highest risk in this game is NOT to play.


legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
it sometimes feels like going into a casino, put lots of money on "red" at the roulette table, winning it, but then decide to leave it all on red for another round... and another round... and another round   - a perpetual high risk/high reward gamble.

Exactly my thoughts... one day I realized that sell/not sell decisions are like choosing red/black on high stakes roulette spin... it's weird.

Never wanted to play high-risk casino games, but life finds a way, haha...

I don't find it very stressful tho, since I'm not 100% in bitcon, plus the odds are very assymmetrical.

When "red' doubles your money every year, it's easy to keep playing.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!


do not merit me. pls merit the first poster.  Grin

yes Epic!  Grin

The Citadel is Epic indeed.

Your comment is merit-worthy too.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206

Man, this is epic. Just quote it to not forget to merit this masterpiece when i will get merits  Grin

do not merit me. pls merit the first poster.  Grin

yes Epic!  Grin
legendary
Activity: 2436
Merit: 1850
Crypto for the Crypto Throne!

Man, this is epic. Just quote it to not forget to merit this masterpiece when i will get merits  Grin
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Window for cheap coins is closing.

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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