Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6279. (Read 26707210 times)

I did buy dee dippity... ... but it is not like anything new for me.  I have a system that gets tweaked from time to time, and the orders get triggered upon a certain level of BTC price movement.. and in this case, there were a few sells that took place yesterday (or was it the day before) between $35k and $40k, and then there were BTC buys from about $37,500 to about $34,500 and then there was another sell at about $37,000.  Just a lot of BTc price movement within the range, and the orders get executed and the ONLY real work to stacking the additional value (weighted towards stacking BTC) is just to reset the orders once they execute.. and so otherwise just "free" money because I don't really give any shits which way that it goes.. my orders are set by me in such a way that I do not really care which way the BTC price goes.. and sure, I am kind of assuming long term UPpity.. but if it happens to go DOWNity instead of UPpity, I have orders already set down to $9,500-ish.. not that it is going to go that far DOWNity.. but if it does then my orders execute along the way...

NOW, of course, if the BTC price threatens to go below $9k, then I have to scramble a bit, and surely I might start to get a bit worried if the BTC price were to go below $15k-ish.... otherwise, there is a bit of an attempt at emotional neutrality.. even though UPpity is surely preferred to DOWNity.. and gosh, it seems to be become less and less probable that we will even be revisiting $25k or lower (such as within no man's zone - that we have kind of forgotten about no man's zone or even what "no man's zone happens to beeee", haven't weeeeeeee... hahahahahaha).


Not everyone has the same opinion about BTC price direction, and surely any of us can be wrong in the short term, and that is part of the reason that I hardly ever ever try to guess short term BTC price directions beyond something in the ballpark of 50/50 and maybe with a slight leaning in one direction or another.. and even if I do not believe it, I tend to lean towards UPpity..

And sometime there might be little to no need to even care about the short term BTC price direction as long as you have structured your finances and psychology in such a way as to not really care about short term BTC price moves, so long as the BTC price movement goes up in the longer term, the HODLers are good.. and surely I consider my lil selfie to be a HODLer, even if I happen to be ongoingly selling some lil fiends along the way UPpity.. but I have calculated the matter that I am rich as fuck no matter even if I am selling some lil fiends along the way UPpity because my BTC stash is accumulating in value 10s of times magnitude larger for any one portion that I am selling along the way UPpity.  

Seems to me that my set up is and has been like a win/win situation.. even if selling lil fiends and considered to be contra to dee HODL dogma... but in my humble bumble opinion, my practices of selling lil fiends on the way UPpity is not contra to HODL practices/philosophy and in my humble bumble opinion once any HODLer figures out a formula that is tailored to ur lil selfie in such a way that ur are happy no matter the BTC price direction even getting rid of some lil fiends along the way of our seemingly never ending (at least currently) UPpity path.


Nice one.. worth repeating and many of us likely feel something like the guy depicted therein.


 

https://www.youtube.com/watch?v=LsAiCs66l40

Why?

Why do we "need" such a thing?

Sure a weekend pump would be nice, but it is far from "needed" in my humble bumble opinion.

The fact of the matter is that we are still 3.5x up from the beginning of September and yeah we had been 4.2x up and we corrected to 3x up and we are kind of floating between 3x and 4x up from that beginning of September start of the UPpity trend.

I do tentatively believe that the odds for UPpity are slightly greater than the odds for DOWNity, and that is largely based on being in a confirmed  bull trend.. and the idea that the trend tends to be your friend... so to be friends with the trend, that trend seems to be UPpity.. but hardly does it seem to be "needed" that BTC prices go up now or anytime soon and to still remain bullish as fuck, even with a variety of other BTC price moves.

By the way, one good thing about continued UPpity would be the ongoing damages to the bears, so I cannot disagree that UPpity might be a fun thing to have and a fun thing to watch the various bitcoin naysayers, no coiners, fence sitters, altcoin pumpeners and other seemingly delusional folks getting further left behind.. hahahahahahaha that part would surely be fun to see for those folks who are failing and refusing pee pare their lil selfies for UPpity that ends up happening.. but still does not rise to the level of "needed" in my humble (and not so humble sometimes) bumble opinion.


My experience if you are wiring in the USA, then frequently the wire will happen within a few hours, so long as you do it during normal business hours and a sufficient amount of time for them to process.. believing that 5pm eastern time might be the end of normal business hours.. and it ONLY costs $15 for a wire fee (at least from my bank) and it does not matter how much you send.. I mean I am sure that you could send into the 6 digits but I don't recall ever wiring more than in the mid-$20ks (so for sure 5 digits).. at least in my limited experiences with that.


Surely, I am not sure about the meaning of this image within this context..  It almost needs some kind of explanation in order that I might be able to understand the significance.


Yeah... that will help.

Talk about ur lil selfie in the third (turd) person.  


I don't know what this one means, either.

Sorry about my being such a dummy.

 

late night charts

4h



D

Sure there are a lot of stupid people in the world on both sides of the political spectrum, but hopefully, normies are not going to be so dumb as to determine whether or not to buy bitcoin or whether or how to invest in bitcoin or how much to invest based on what side of the political spectrum the consider themselves to be rather than personal interests and financial motivations.

Of course, if people were to believe that bitcoin is on the verge of becoming illegal because of the way that it has been being used, then they might be deterred from either learning about bitcoin or figuring out reasonable investment strategies in respect to bitcoin.  Of course, there has always been dumb ass and stupid misleading talking points in regards to bitcoin, yet bitcoin adoption has continued to increase through the last 10 years or more despite the various ongoing misleading talking points that persist in good times and in bad times.

Accordingly, there have always been a considerable number of baloney and bullshit talking points about bitcoin, and there has tended to be a decent number of people who are continuing to get past such nonsense and not believing such ongoing bullshit talking points, and surely there are a considerable number of institutional players who are getting past the bullshit talking points too and even talking about how they have been getting past the bullshit talking points and putting out their own more informed talking points (Saylor et al) and some retail normies do end up following what institutional players are doing to the extent that they are able to recognize what they are doing and are able to follow what they are doing based upon such recognition of what those institutional players are doing. 

And, surely the Saylor example does provide a lot of informed bullish bitcoin talking-points that can help both normies and institutional players to get on board bitcoin and lessen the likelihood that they are going to get mislead by the misinformation that is spouted out through mainstream media.

Eh, it's possible. If it was a glass/ceramic disk then the data can be recovered. Remember that OnTrak recovered data from a disk that came down through the fireball of Columbia and spent a few weeks in a swamp.

I've been doing some data recovery on older drives, the power of a Raspberry Pi to read the tracks in analog mode and tease out the data is stunning.

Meantime. Fed money printers go brrrrrrrrrrrrrrrrrrr

https://i.imgur.com/lEjMssF.mp4

Even if he were to find the computer, the hard drive is probably way beyond any humanly possible recovery.

He better go to some therapy that helps him let it go...

The Ironkey guy has a better chance... even if I don't fully trust his story.

That poor slob in Britain is still trying to get permission to search the landfill for his bitcoins. Worth 250 million.

I can't think about how much that could wreck someone's life.

blockchain quantum machine learning in the cloud as a service .... way of the future

Correct. My understanding is that all shitforks but BCH will be (or already has been) sold.

If I ever get my claim back, I will sell any remaining shitcoin(s) immediately.

I'm not getting my hopes up though. I have considered all my coins related to MtGox lost ever since the failure of mtgox.com. Getting anything back now is just a bonus.

Exactly
I have https://aggr.trade/ open, audio on.
Maybe we'll have to wait until Jan 20th for more direct price action?

Doesn't matter. Not their keys. As long as this helps Bitcoin spread, it's good for us all. Those who understand will choose to keep the keys. The others can let companies take care of them.

Edit: Price picking up nicely (again). Let's hope this is the last rising edge to $40k, leaving it permanently behind, and climbing slowly and steadily towards 6-digit territory.

Haha indeed!!

So long, old fart!

And that is exactly when I cash out.

Back in the main channel after a couple days of exploring.

How many days can the badger be content without a new ATH?

Nah, but KYC will be standard. No need to disrupt or ban tax paying companies, just make them more "convenient" for them.
Give & take.
Just my two cents.

and like it or not it is how mass adoption is going to occur.


My thoughts are governments will start to prevent you from holding coins in your own wallets and buy 'token'

btc from companies like goldman's sachs.

indeed.
The whole statement is also pro-Coinbase. Very clever not to interfere with existing players, but looking for their own piece of the cake.