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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7689. (Read 26708043 times)

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
3 trillion here, 3 trillion there

pretty soon...something something


profit?
Kind of interesting actually. At a certain point there simply are no consequences for the worst behavior. Almost as if you had a rich daddy giving you everything.



There used to be a saying round these parts. You didn't make a loss if you didn't sell. (bit like 1btc=1btc)

The same kind of applies for all this ridiculous debt. If you are never going to repay it is it really a debt?

1.  The Fed buys the debt.

2. The Federal government makes debt payments to the Fed.

3. The Fed pays the government a special dividend of income from the debt payments.

4. Federal government income goes up, allowing debt to be repaid faster.

5.  Everyone wins

5b. Except everyone that owned assets prior to the debt being issued. The purchasing power of the newly issued debt subtracts steals from the purchasing power of the assets extant prior to issuance of the new debt.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
You know, something I realized this evening:

If (and this is an if) my company were to order me to go back into the office, because I have bitcoins I can tell them to fuck themselves. Been thinking about this and realized that people may be asked to choose between their job and their life....

I'm glad that choice is a simple one to make. And bitcoin is a part of that. Wealth gives you the freedom to make decisions, and I can't think of a more important decision one can make.


You have ‘f*ck you money’, a powerful weapon that can be used when really needed. They say it is good for your career as well because you can say No and speak your mind. People in debt are dependent and therefore predictable silent worker bees, just as companies and banks like it.
legendary
Activity: 1834
Merit: 1520
Observing exactly $9000 right now.

I seriously am tired of Vegeta now. Roll Eyes

I seriously prefer Vegeta (even getting stuck here for a while) much moar better than when we were lingering in the lower to mid $7ks, only a bit over a week ago, and it is even much moar better than our correction down to sub $4k and then getting stuck in $4ks for a few days, too, which was only a month and a half ago.

Many of us who are getting so god damned anxious to go up, should appreciate that largely we have been trickling up, all the way since the sub-$4k price movement, and we really have not had much if any major stagnation or correction in the price, and largely we have been continuing to trickle up.

I totally expected such a reply, and honestly, I'd have said the same if someone else was complaining about sticking at Vegeta's meme price. Complaining right now is equivalent to being an impatient kid. However, seeing Vegeta's meme over and over again is a bit irritating.

Whether such trickling up is going to continue, it is NOT even bad if we happened to get stuck for a bit of time.. NOT that getting stuck is a very likely outcome during such uncertain times, and even seems that if we have a correction, it is NOT exactly obvious that the direction is going to be UP, even if many of us (especially HODLers and accumulators) would prefer UP.  

One thing about bitcoin remains that if there are too many retail folks who are anxious that we might NOT be going UP enough, then that resolve could end up getting tested as a kind of attempt to verify if shaking the tree might be helpful to get a few more weak hands out of this.

TLDR: I am not saying that a BTC correction has to happen, but I am saying that UP is not exactly obvious or inevitable either.  Therefore, we are not necessarily in a bad place, currently, even if it is feeling as if we might be a bit stuck.

Again, I agree. Remaining sideways in the days when stock markets, as well as the global economies, are in chaos is 100% pure bullish move, even if this bullish move is not causing an increase in price.
member
Activity: 256
Merit: 62
3 halvings within the next 8 years..........

We have only had 2 in the last 11 years...

Take that in.
legendary
Activity: 3990
Merit: 4597
https://twitter.com/TruthGundlach/status/1252674062943309824

At least someone on WS is saying wicked stuff...

A direct quote:

Quote
The word “bailout” needs to be labeled “hate speech” directed toward every citizen who played by the rules.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
You know, something I realized this evening:

If (and this is an if) my company were to order me to go back into the office, because I have bitcoins I can tell them to fuck themselves. Been thinking about this and realized that people may be asked to choose between their job and their life....

I'm glad that choice is a simple one to make. And bitcoin is a part of that. Wealth gives you the freedom to make decisions, and I can't think of a more important decision one can make.
legendary
Activity: 3990
Merit: 4597
From the 2016 halving (price around $650) to almost there 2020 halving (hopefully staying above at least 6500) is 10-12X price appreciation.
If someone told you in 2016 that btc price would be more than 10X in less than four years, you would be very happy, right?
It's just the way it got there/here: produced more grey hair for some or made them lose the "stake".
As Jessie Livermore was saying-the worst is when you lose the stake.
You can't come back "if you aint' in it".

If btc would go up half, just 5-6X, from here to the next halving (roughly 50K), that would be peachy and indicative of a potential "local" peak at 150K or thereabout.
I can live with that.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Observing exactly $9000 right now.

I seriously am tired of Vegeta now. Roll Eyes

I seriously prefer Vegeta (even getting stuck here for a while) much moar better than when we were lingering in the lower to mid $7ks, only a bit over a week ago, and it is even much moar better than our correction down to sub $4k and then getting stuck in $4ks for a few days, too, which was only a month and a half ago.

Many of us who are getting so god damned anxious to go up, should appreciate that largely we have been trickling up, all the way since the sub-$4k price movement, and we really have not had much if any major stagnation or correction in the price, and largely we have been continuing to trickle up.

Whether such trickling up is going to continue, it is NOT even bad if we happened to get stuck for a bit of time.. NOT that getting stuck is a very likely outcome during such uncertain times, and even seems that if we have a correction, it is NOT exactly obvious that the direction is going to be UP, even if many of us (especially HODLers and accumulators) would prefer UP.  

One thing about bitcoin remains that if there are too many retail folks who are anxious that we might NOT be going UP enough, then that resolve could end up getting tested as a kind of attempt to verify if shaking the tree might be helpful to get a few more weak hands out of this.

TLDR: I am not saying that a BTC correction has to happen, but I am saying that UP is not exactly obvious or inevitable either.  Therefore, we are not necessarily in a bad place, currently, even if it is feeling as if we might be a bit stuck.
newbie
Activity: 13
Merit: 0

I really love that triangle. The breakout is imminent upside towards $14k if not above it to approximately 19k$ in summer. If Bitcoin price can only breakout above 20k$ and stay there for more than 4 weeks I guess that will attract many retail investors and price will pump much higher pretty fast
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
member
Activity: 94
Merit: 22
I am just gonna leave this here for those who know what's what.



Wow, cAPSLOCK, your post has just fired some old memory neurons in my brain...

Dungeon Master!

I've spent countless hours on this game. High school, with a classmate and friend. On an Amiga 500. We were even making maps on paper for each level. We're talking hours of non-stop playing, we didn't eat or sleep until we were completely exhausted...

I remember we used to eat those damned plant things in your screenshot, which upped our stamina/power/abilities. After we finished eating them, we went outside the room and slept (in-game) for some time and these things kept regenerating, so we could eat some more and gain more abilities. It was a way to raise your level. Also, the small squares with the symbols on top-right were for casting spells.

Those graphics were breathtaking at the time, a truly immersive experience (IIRC, the Amiga had better graphics than your screenshot -- this is probably from a PC or other computer).

Good times...
check out Return to Chaos to scratch that Dungeon Master itch.
http://dmweb.free.fr/?q=node/801
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
I am just gonna leave this here for those who know what's what.



Wow, cAPSLOCK, your post has just fired some old memory neurons in my brain...

Dungeon Master!

I've spent countless hours on this game. High school, with a classmate and friend. On an Amiga 500. We were even making maps on paper for each level. We're talking hours of non-stop playing, we didn't eat or sleep until we were completely exhausted...

I remember we used to eat those damned plant things in your screenshot, which upped our stamina/power/abilities. After we finished eating them, we went outside the room and slept (in-game) for some time and these things kept regenerating, so we could eat some more and gain more abilities. It was a way to raise your level. Also, the small squares with the symbols on top-right were for casting spells.

Those graphics were breathtaking at the time, a truly immersive experience (IIRC, the Amiga had better graphics than your screenshot -- this is probably from a PC or other computer).

Good times...
legendary
Activity: 1834
Merit: 1520
Observing exactly $9000 right now.

I seriously am tired of Vegeta now. Roll Eyes
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Just throw down like our lil greta Kiss and dance like there is no tomorrow just like the govt wants us to all believe if we dont wear a cloth over our nose and mouth.

She seemed to like it with swede love djs. Mor Mor! Cheesy

What can I say guys... I'm humbled and thankful to all WO members, for the good vibes, the witty discussions, educating me about Bitcoin, the HoDLing culture which has now become my permanent strategy and motto, learning about some weird stuff I dare not speak about, and, of course, for proudly wearing an xhomerx10 original. You're part of my life now, and always will be, no matter if we moon or doom.

Gave you one more for the road! Wink
And for not including a mandatory meme in every post I make. Truly sorry for that.

To my fellow UK citizens -

TIGER KING VACCINES WHEN? :-D LOL
When president commander in chief pardons him so he can create one or completely ends carol baskins. Whichever he decides to do first once out of there. That should conclude the made for television series starring Nicolas Cage as Joe.
https://www.bbc.com/news/entertainment-arts-52544462
https://www.youtube.com/watch?v=bUwyWjj1klo
That's when! Grin
It's um... OVER 9000!!!!!!!!!!!!!!!!!!!!!!!!
Wake us all up when it reaches over $10,000 hopefully when the halving is done, would you? Wink
Then we can throw a goku ultra instincts party because I think this thread has been all vegetaed out.
sr. member
Activity: 1197
Merit: 482

Love that but I do observe that the leveraged trading is happening in bitcoinlandia also. Some of the same sharks that worked the old system still ply their trade with the new.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
It's um... OVER 9000!!!!!!!!!!!!!!!!!!!!!!!!
hero member
Activity: 786
Merit: 857
<900 blocks to go.
Let's get this party started.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Must have been more than a week since I played Zaxxon from datasette (the cool guys run it from floppy nowadays)  Grin

my buds and i wasted more time playing archon on the c64 than anything else i can remember doing from back in the day. wore out several joysticks just on that one game until i bought the Big Red Stick (i think that was the name)

best game ever.

https://en.wikipedia.org/wiki/Archon:_The_Light_and_the_Dark

time to fire up an emulator. maybe build an proper arcade cabinet.

Ah, the screenshot rang a bell but was not into it much.  Though I wasted half my youth in front of a C64, notably I never played again really after that.
Regarding joystick killing,
Decathlon was unbeatable in that regard. One afternoon with friends and the microswitches in the joystick were done for good.



In retrospect it was a really stupid game, but great for competition between friends and perfect training for later in youth when similar hand movement without joystick started to prevail.

I am just gonna leave this here for those who know what's what.

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
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