Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7367. (Read 26732355 times)

Good morning Bitcoinland.

Starting to creep back up after the big correction... currently $11430USD/$15345CAD (Bitcoinaverage).

Onward and upward, but not too fast.

Go Bitcoin go.


Then why sell half your coins? If you don't trust fiat, stocks, gold or real estate, why not keep your profits in Bitcoin?

I don't know why traveling is impossible for you but if that's what you want to do most, that's what you should be doing.

I hope you don't feel tied down by some silly little career/job.

"FIRE EVERYBODY AND HIRE BRAZILIANS !!!" ... ROFL ...


"AND THE FISH TURNS TO THE OTHER FISH ... WTF IS WATER??" ... Amazing jokes!


^ edit for that:  "WTF IS MONEY??"

Have you been through a bull run as a HODLers in any previously BTC price run, glowing10?

I see that you have a July 31, 2017 forum registration date ("awkward" date, no?)

It can take a lot of time, practice and persistence to really HODL through a bullrun, and my ongoing (tentatively still) impression of our current bull run is that it actually started around April 1, 2019, and it was tentatively confirmed to have had started on that date in about mid-May 2019.

Yeah, we have had some definite challenges and testing of our HODLer resolve in the past 2 years, and there surely had been a decent amount of shakening of weak hands through the past 2 years -ish.. and even speculations and beliefs from them that our two year bull run was not in progress.

In other words, corrections within a bull run can be long, deep and ultimately savage, weeding out HODLers who we had previously considered to have been strong hands.

Seems that neither of us, glowing10, are expecting any kind of smooth ride from here on out, or even the absence of continued "testing" of HODLer resolve.  Maybe you can say a bit more about background that might substantiate your resolve or your plans going forward in terms of being ready, willing and able to hold through possible tougher periods that are likely?   or at least whether you consider yourself to be in a BTC accumulator situation, a maintainer situation or maybe you have some liquidation needs in the coming year or two?

You know what I hope?  I hope that the big ass drop a couple nights ago from 12k to 10.5 was a bear shorting and that was him selling at market.  He was sure from all the lines on his chart it was going down from here.

And now he is getting just a little bit nervous.  And wondering if he set the leverage a little too high.

Maybe we get to see him cover.  Ha.  I hope so.

Wow, right before my previous post! Are we telepathically connected?

Believe me, I thought about the contrast issue.

Haiku/Uncle duties conflicting... LOL.

Her daddy is a coiner. Thanks to me. Although he holds much more alts than BTC. I've warned him, but he has fallen into the "BTC too expensive" trap. I hope the incoming bull run will find him HoDLing some good amount of corn.

Pokémon doll still 3D printing... 13h 42m left.

Number go up.
Volume go up.

$12k (10k €) / BTC before doll ready?

Even when I beat to death the idea with people about not setting their orders exactly at round numbers, they still do it.

But sure, I also understand that even if the orders are not exactly set at the round numbers, there will also be a bit of gravitation of orders at various BIG psychological points too, and probably even some playing around of whales and institutional investors to exacerbate an already existing condition to make the psychological price point even BIGGER than it should be.

Part of the reason too, that once we break through some of the BIG round number resistance points, the distance travelled tends to have some irrationality to it, too.

Part of the reason also, if you are still following me, why the previous ATH is quite likely to have a deadman's zone.. and in this current situation, I am still tentatively predicting it to be (and perhaps I am even being a bit too conservative on the topside of such zone) in the $17,250 to $23,500 arena..  


That's a bit of a stark contrast, AlcoHoDL, all contained within one post.   

Yep get outside that box look at this from a miners viewpoint.

Tx fees shot to the moon in 2017 april

ATH was dec 2017


Tx fees are way up there July 2020

I think they are a leading indicator of a bullrun



In 2017 you started to have gear shortages  then bull run

In 2020 bitmain ain't selling anything = Bull run?


https://shop.bitmain.com/  every miner sold out = Bullrun?

https://shop.bitmain.com/product/parts  every part sold out = Bullrun?


but wait there is more

I have done difficulty threads for years.

Called the 2018 october difficulty drop perfectly. to the exact epoch

I study price / difficulty relationships  a lot.


BACK IN 2017 diff could not keep up with the price rise. miners with gear in place scored big time

from july 7 2017 diff was 860 gh  to dec 5 2017 diff was 1.34th   so increase in diff was a factor of

1340/860 = 1.558 factor increase

check price rise from july 7 2017 to dec  5 2017

July 4 2524    dec 11 16060  or 16060/2524 = 6.36 factor increase

that was a glorious time for a miner  as price jumped 6.363x  while diff jumped 1.558x

So if I am correct every factor or indicator for a repeat is in place.

crazy high fees
restricted gear purchasing

it all matches up.

it also fits with USA election fud
covid-19 fud

I would think if you go from july 21 price of 9100 x 6.36 = 57902

This is an outside the box analysis based from the viewpoint of a miner not a trader.

My wife's granddad then her dad owned a bar from the 1930's to 1980 In Jamaica Queens.,

He was Joe the bartender before Jackie Gleason was.

No wonder I have never seen one on Ebay: People probably sacrificed them to the God of Death or bashed them into little bits with hammers or something.

That thread does make me feel more in sync with others about my past stupidity. Well not stupidity: We did the best we could with the information we had. If everyone had held their coinz then they would never have been worth anything to begin with.

Ah well.

*laughing my ass off*

Christ, I love how stupid people can really be. It's why you should always make money off dumb people.

Wishing for down is not permissible, here.




Whoaza...., Maybe goldkingcoiner is correct (above)?

We cannot have too much optimism.  That optimism must be broken.  right guys?

 I'm in love.

Literally every one of us -





@BitcoinBabeAU
*Gives in 2 seconds later* 😅 #bitcoin 

Terrifyingly important podcast https://twitter.com/ttmygh/status/1289863271131086848


Lots of the others are very good.

related https://twitter.com/blockbain/status/1287859725997084672 thread

https://twitter.com/swedetoshi/status/1290123307124002816

Man, trumpverse twitter is nuts.

As a famous (asoiaf) quote tells "If I look back, I am lost."
People often make poor decisions. Some make good decisions that eclipse the bad ones, some just go forward and some live with regrets (maybe it was closed because of the 3rd group, maybe because of getting spammy, I don't know).
Especially before 2017 it came easy to sell cheap. Many didn't think Bitcoin can get this high (or higher!); now we've seen that 20k is easily possible.

Just think on those who didn't sell. Those who didn't sell altcoins that looked great until they crumbled to dust.


The best option may be somewhere in the middle. Then you can say something like "I won some and I've lost some".
Actually one of the known advises is to not hold the whole bag and also don't sell in all in one step (maybe with different words).
But this means that those are 100% money one "affords to lose" (doesn't have to touch for decade/s). Not possible everywhere.

Well well well. Turns out Lambie is just some girl. And only a four at that.

https://twitter.com/Jordan_Sather_/status/1290135792027750403

meh, why is this wonderful thread closed?

https://bitcointalk.org/index.php?topic=163258.1720;topicseen

there are true gems to be found in there:



h o l y  fuck. $35mio for a mini rig. BFL?

it is one of those threads where you can actually learn something.


check this one out:


getting nausea just reading this...  

edit: just some measly $100mio mistake.

edit2: sry for necroing..