Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 682.

modrobert

sr. member

Activity: 386

Merit: 334

-"When the going gets weird, the weird turn pro."

Great idea, set the lifeboats (Bitcoin) on fire when the ship is sinking (other markets). Irrational people makes me tired.

Quote from: LFC_Bitcoin on August 05, 2024, 01:54:00 AM

Quote from: somac. on August 05, 2024, 01:43:24 AM

who is going to be the next mindrust?

Not me, but I was just thinking that. Some people will be panic selling for sure.

I don’t use leverage to trade but I did consider opening a long but it’s not my thing so I didn’t.

I’m balls deep in Bitcoin, more so than at any point in this cycle so I have limited fiat reserves for dip buying. If we sell off even more once US markets open or Iran starts bombing Israel then I will find the fiat from somewhere to buy a few coins.

HODL the line, do not panic sell. Don’t do it publicly any way because your username will be engrained on the WO forever like dear old mindrust.

Agreed, I'm balls deep in Bitcoin as well (and it's not the first time during a crash, always sucked at timing).

Hmm, the surface should be around 65k USD, it's dive mode for the sub (das boot) again, back to listening for sonar pings, avoiding sink bombs and fixing leaks.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: BitcoinBunny on August 05, 2024, 03:38:01 AM

Quote from: somac. on August 05, 2024, 03:26:21 AM

Quote from: BitcoinBunny on August 05, 2024, 03:20:00 AM

Any more bright ideas, Mr Jerome Powell?

Roll Eyes

To be fair this probably has a little more to do with the Japanese central bank.

US stock market was already crashing on Friday. He would definitely have had early access to the job data that caused that.

They're just behind the curve all the time.

People have been saying "we are never going to see zero percent interest rates again"

I'm pretty sure that's where we will be headed towards eventually.

This Japanese thing started last week though. Powell of course has completely fucked up as well, but it's a team effort.

100% agree with you on the zero percent interest rates. In hindsight I think that will sound as stupid as the "higher for longer" crowd.

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Far, Far, Far Right Thug

Quote from: somac. on August 05, 2024, 03:26:21 AM

Quote from: BitcoinBunny on August 05, 2024, 03:20:00 AM

Any more bright ideas, Mr Jerome Powell?

Roll Eyes

To be fair this probably has a little more to do with the Japanese central bank.

US stock market was already crashing on Friday. He would definitely have had early access to the job data that caused that.

They're just behind the curve all the time.

People have been saying "we are never going to see zero percent interest rates again"

I'm pretty sure that's where we will be headed towards eventually.

serveria.com

legendary

Activity: 2492

Merit: 1230

Privacy Servers. Since 2009.

Quote from: DaRude on August 05, 2024, 03:06:46 AM

Quote from: somac. on August 05, 2024, 02:32:25 AM

Quote from: serveria.com on August 05, 2024, 02:17:48 AM

Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.

So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?

I. Need. Hopium. Cool

It's all good, don't worry. This is just another Covid crash scenario, wait till you see the price in a years time, you'll be planning which island to buy.

The problem is that at exactly times like these bitcoin should be doing the exact opposite, going up. That's what it was made for, and not just some speculative risk off vehicle.

... which means that it's not mature enough yet.... but give it some time and it will function as planned Cool

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: BitcoinBunny on August 05, 2024, 03:20:00 AM

Any more bright ideas, Mr Jerome Powell?

Roll Eyes

To be fair this probably has a little more to do with the Japanese central bank.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: DaRude on August 05, 2024, 03:06:46 AM

Quote from: somac. on August 05, 2024, 02:32:25 AM

Quote from: serveria.com on August 05, 2024, 02:17:48 AM

Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.

So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?

I. Need. Hopium. Cool

It's all good, don't worry. This is just another Covid crash scenario, wait till you see the price in a years time, you'll be planning which island to buy.

The problem is that at exactly times like these bitcoin should be doing the exact opposite, going up. That's what it was made for, and not just some speculative risk off vehicle.

I don't think it "should" be doing anything other than what it does. And it was made to be a decentralized ledger with a fixed supply which no single party can control, that's it. Despite the recent crash it is doing that just fine.

I think for it to be a safe haven the market cap has to be a hell of a lot higher than it is now.

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

Man, this is so fun, but I'm so out of cash rn.

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Far, Far, Far Right Thug

Any more bright ideas, Mr Jerome Powell?

Roll Eyes

BTCaesar

member

Activity: 113

Merit: 24

Hop hop hop hopiummm

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

#GM

The best thing of today was me checking the price shortly after waking up.
On the phone.
Without my glasses.

Thought i saw $61k, thought "alright..."

When checking the WO an hour later:

Shocked

DaRude

legendary

Activity: 2938

Merit: 1951

In order to dump coins one must have coins

Quote from: somac. on August 05, 2024, 02:32:25 AM

Quote from: serveria.com on August 05, 2024, 02:17:48 AM

Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.

So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?

I. Need. Hopium. Cool

It's all good, don't worry. This is just another Covid crash scenario, wait till you see the price in a years time, you'll be planning which island to buy.

The problem is that at exactly times like these bitcoin should be doing the exact opposite, going up. That's what it was made for, and not just some speculative risk off vehicle.

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Well, crashing to 52K wasn't on my bingo card.

But hey at least I'm a wholecoiner now.

Quote from: somac. on August 05, 2024, 02:32:25 AM

Quote from: serveria.com on August 05, 2024, 02:17:48 AM

Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.

So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?

I. Need. Hopium. Cool

It's all good, don't worry. This is just another Covid crash scenario, wait till you see the price in a years time, you'll be planning which island to buy.

Scenes when Bitcoin breaks 100K in November

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: serveria.com on August 05, 2024, 02:17:48 AM

Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.

So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?

I. Need. Hopium. Cool

It's all good, don't worry. This is just another Covid crash scenario, wait till you see the price in a years time, you'll be planning which island to buy.

serveria.com

legendary

Activity: 2492

Merit: 1230

Privacy Servers. Since 2009.

Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.

So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?

I. Need. Hopium. Cool

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: somac. on August 05, 2024, 01:50:38 AM

Quote from: El duderino_ on August 05, 2024, 01:48:13 AM

How many times on a day as today

Do people refresh the bitcoin/crypto prices …?
Is there anymore of internet sites that are being refresht today?

hint: use a live feed and take the day off work.

Yeah.

Better than a movie... even better than porn. I am not speaking from personal experience this time.

Quote from: LFC_Bitcoin on August 05, 2024, 01:54:00 AM

Quote from: somac. on August 05, 2024, 01:43:24 AM

who is going to be the next mindrust?

Not me, but I was just thinking that. Some people will be panic selling for sure.

I don’t use leverage to trade but I did consider opening a long but it’s not my thing so I didn’t.

I’m balls deep in Bitcoin, more so than at any point in this cycle so I have limited fiat reserves for dip buying. If we sell off even more once US markets open or Iran starts bombing Israel then I will find the fiat from somewhere to but a few coins.

HODL the line, do not panic sell. Don’t do it publicly any way because your username will be engrained on the WO forever like dear old mindrust.

That is what I tried to already warn.

Never go full anything (whether fiat or BTC), since you need to have some dry powder for times like these - especially if you are not a newbie.

Newbies do not need any dry powder. They just buy every week with whatever amount of cash they have for that week... so if they happen to hit a dip then so be it.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: somac. on August 05, 2024, 01:43:24 AM

who is going to be the next mindrust?

Not me, but I was just thinking that. Some people will be panic selling for sure.

I don’t use leverage to trade but I did consider opening a long but it’s not my thing so I didn’t.

I’m balls deep in Bitcoin, more so than at any point in this cycle so I have limited fiat reserves for dip buying. If we sell off even more once US markets open or Iran starts bombing Israel then I will find the fiat from somewhere to buy a few coins.

HODL the line, do not panic sell. Don’t do it publicly any way because your username will be engrained on the WO forever like dear old mindrust.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: El duderino_ on August 05, 2024, 01:48:13 AM

How many times on a day as today

Do people refresh the bitcoin/crypto prices …?
Is there anymore of internet sites that are being refresht today?

On days like these, I usually don't look at the BTC price.. not even once.

I try to just have a normal day in the world of JJG.. and without any looking at any ole boring and depressing BTC prices... or any of those kinds of debbie downer things.

My own ways keep me cheery if I don't look at the price. (I know I should have had put a "protip" in there somewhere)

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: El duderino_ on August 05, 2024, 01:48:13 AM

How many times on a day as today

Do people refresh the bitcoin/crypto prices …?
Is there anymore of internet sites that are being refresht today?

hint: use a live feed and take the day off work.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 682. (Read 26731007 times)