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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7101. (Read 26708702 times)

legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

You need to hook up with hard facts.

You guys can have fun playing with each other.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Is bitcoin dead again?

Bitcoin is dying. The last death throes are taking a minute, but in the grand scheme of things, this'll look as silly as the tulip bubble. We will never see another ATH in bitcoin world. Ever.

Well you heard it, now it's been confirmed, bitcoin is officially dead, pack your bags, last one out to turn off the lights.

On a side note great to see old bears back, last time they left under strange circumstances wondering how long they'll last now
legendary
Activity: 2520
Merit: 3038
Ha ha ha, so Mr. Dave "stonks only go up" Portnoy got his ass handed to him today.

https://twitter.com/stoolpresidente/status/1301518457985523713

Haahahahahaahahaha
Come to think of it, he does look a little like a stool.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
DeFiiiii ALL ABRAAAOOOOD Grin Cheesy Kiss REEEEEEE

legendary
Activity: 3990
Merit: 4597
My "macro" take:

1. Great Great Depression-5-10% chance. In this less likely scenario we are in 1930, relatively speaking, after the first dip and recovery and before many years of misery...ending in WWII...now would be WWIII, or WW-light, I guess.

2. Wall Street tells politicians...give us moar stimulus or else (we drop the sucker down) - 90-95% chance.
Politicians oblige...but here is the gist of it: will they need to give 'stimulus" every 6mo for the market to be "bullish"?
legendary
Activity: 3010
Merit: 8114
Always fun to see new guys taking Proudhon serious. He is probably the most loaded OG in this thread.

The text in his signature indicates he's a troll.

But otherwise, being an idiot and being loaded aren't mutually exclusive. If you think that they are, it's only because you haven't met enough rich people.
legendary
Activity: 1834
Merit: 4197
legendary
Activity: 1473
Merit: 1086
Always fun to see new guys taking Proudhon serious. He is probably the most loaded OG in this thread.
legendary
Activity: 1834
Merit: 4197
the evening wall report

$10k is breached fellow hodlers..the abyss once more before us.    Stand fast.

1h


4h


D



#stronghands

legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

Idiots like you is why I am proud of having suffered through an actual physics degree instead of lying to people on internet forums about what math and science have "proven". And I think you meant to say disproven. Because the first thing they tell young scientists: you cannot prove something. You can only disprove something.
legendary
Activity: 3010
Merit: 8114
It better decouples soon as stocks are going to crash spectacularly.

Maybe some day but not now. There's too much extra liquidity floating around and leaving it in dollar form is the least profitable way to manage it. All the money printed by the fed recently has to go somewhere.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
Well, added Proudhorn to my ignore list. What a maroon.

Nice to see $10k USD/BTC holding. Was going to buy more if it dropped below. Looks like a bunch of DeFi tokens took it in the what-what today. I suspect today's drop may be tied to BTC being locked up in ETH tokens, being liquidated.

This is good for Bitcoin.

I think.

HODL on, brothers.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
It already dipped below $10k (I spotted $9,987.86 about 30 minutes ago... lasting for at least 3 minutes).   Shocked

You already had your chance.  Wink

In other words: been there, done that.  Tongue

crap, just missed triggering a buy i had at 9920 then. catch it later maybe


Usually it is better to put your buy orders at above the BIGGER round numbers (in that case, the BIG number that seemed to have fallen pretty quickly was $10k), but sure, you never know because sometimes the spike does go temporarily past the BIGGER round number (which it did in this case).  

Historically, I have had plenty of orders (both buy and sell) that just miss by a few dollars and sometimes even missing by a few cents.. and sure, sometimes the BTC price does come back to that previous location, so usually it does not pay to change your order locations, unless you are changing your order locations for a different reason.. so overall, our mission as "swing traders" should be to try NOT to be emotional about whether our BTC orders are filled or not, but when they are "close but no cigar," we can become a bit irritated (which surely is a kind of emotional) because of how close the orders had come to filling (without happening).

You are right though, vapourminer.  It seems way too early to call the bottom for this particular cycle, currently - even though in my earlier post, I was playing around with BayAreaCoins about the bottom potentially being "in".... a little hopium on my behalf, probably.

By the way, this time around (the past 24-48 hours), I had BTC buy orders that were located about every $250 increment from $11,300-ish to $10k fill.. so my next buy order is around $9,800-ish... so when the BTC price moves a lot, then surely a lot of orders do end up getting filled (even in my case), and I try to NOT have any second guesses regarding all of the BTC that I bought all the way down the ladder, when I could have timed it and bought them all for lower prices (in theory).. In other words, I have no regrets about how it played out and glad that I was able to feel that I profited from the situation...

I kind of feel like I am supporting the cause and doing my "duties" when those multiple BTC buy orders are filling up all the way down the ladder, while at the same time satisfying my personal interests of stacking more sats along the way, too - even though in retrospect quite a few of them were bought at much higher prices than I "could have bought them" in theory.
legendary
Activity: 3990
Merit: 4597
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

when someone shows up like a clockwork on any dip and not any time else, there is no credibility.
btw, what is you fav investment?
Please, don't tell me that it is TSLA or 30 year treasuries of pretty much any OECD country.
jr. member
Activity: 345
Merit: 4
Markets are down everywhere, had to happen sooner or later with the runaway and unsustainable rises in tech stocks in particular.

Apple down 8% (wipes around $180bn off its value)
Amazon down 4.6%
Tesla down 9%
Alphabet (Google) down 5.1%
Facebook down 3.7%

btc down 10%. Nothing new here, just showing that btc hasn't decoupled yet. She always goes down a bit more than stocks, just to be dramatic.

It better decouples soon as stocks are going to crash spectacularly.
legendary
Activity: 875
Merit: 1362
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

Finally!!!!!!

A positive sign.  

aka... proudhon


 Wink

This never really gets old

https://www.youtube.com/watch?v=A7TuFy0fcuw

The proudhon song (bitcoin is a bubble)
legendary
Activity: 3990
Merit: 4597

Apple down 8% (wipes around $180bn off its value)
Amazon down 4.6%
Tesla down 9%
Alphabet (Google) down 5.1%
Facebook down 3.7%



ALL of that should should be down 50% for most 80-90% for TSLA.
btc, hopefully, less, but it seems to like a catch-up game lately.

EDIT: I am not typically a schadenfreude-prone person, but I am hoping that smugly little D. Portnoy gets wiped out (trading wise).
Enough of that stupidity masquerading as insight already.
legendary
Activity: 3010
Merit: 8114
Once more for the people in the back...bitcoin cannot sustain prices greater lower than $10k. It's nothing more than a fantasy. Proven by science and maths.

FTFY

Weird that your signature says this, LOL:

Quote
When I use the word "higher" in a sentence I actually mean lower.

You are probably acutely aware that signatures aren't shown in the WO thread.

 Cheesy
legendary
Activity: 875
Merit: 1362
Markets are down everywhere, had to happen sooner or later with the runaway and unsustainable rises in tech stocks in particular.

Apple down 8% (wipes around $180bn off its value)
Amazon down 4.6%
Tesla down 9%
Alphabet (Google) down 5.1%
Facebook down 3.7%

btc down 10%. Nothing new here, just showing that btc hasn't decoupled yet. She always goes down a bit more than stocks, just to be dramatic.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
It already dipped below $10k (I spotted $9,987.86 about 30 minutes ago... lasting for at least 3 minutes).   Shocked

You already had your chance.  Wink

In other words: been there, done that.  Tongue

crap, just missed triggering a buy i had at 9920 then. catch it later maybe
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