Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8116. (Read 26713152 times)

Honestly it looks like 3.5k is almost a sure thing now, lower high after lower high, the question now is do we see a lower low compared to January 2019 (3k)?
I tend to believe it is entirely possible. We will definitely see 6.5k again but probably not this year.

Even 1k-2k area is something we could see again. The good news is there will be another bubble in the future. Nothing better than Bitcoin to make 500%-1000% profits.

Honestly it looks like 3.5k is almost a sure thing now, lower high after lower high, the question now is do we see a lower low compared to January 2019 (3k)?
I tend to believe it is entirely possible. We will definitely see 6.5k again but probably not this year.

Even 1k-2k area is something we could see again. The good news is there will be another bubble in the future. Nothing better than Bitcoin to make 500%-1000% profits.

Ok guys, that's it. I'm done with the WO for a few months.

There's enough overblown lunacy in the MSM over this coronavirus, I don't need to come here and read the same panicky bullshit (it's the fkn flu guys).

I'll probably log back in sometime in May or June when this whole thing has blown over.

And when it has, I'll surely raz the shit out of some of you hypochondriacs daily when I come back (you know who you are...the ones predicting hundreds of thousands or millions of people dead).

and tbh I'd rather have pandemic posts in here than that stupid fucking Vegeta game ... that can fuck right off into it's own thread please, thank you.

It has plenty, but not without consequences.

The financial markets crashing touch one of the twin pillars (asset values).

Further steps will scratch the other twin pillar: treasuries/the dollar.

This pillar is the linchpin. Watch it the coming months to see whether all will fall down or this will have been another one of those ‘once a decade’ buying opportunities.

The FED literally has no dry powder left.

Is this the beginning of the end for the fiat financial system?

Do you presume that bitserve has "bite" in his name for mere symbolic purposes? 

Do you happen to know the past tense of bite?

You better watch your lil selfie....  gonna get chewed up... and don't come crying to any of the WO peeps as if no one tried to warn you about welcoming such lil selfie consumptions.   

Now tell me again that I am overly concerned.  

If the Fed had to do THAT a few weeks into the crisis then obviously everyone's thinking "how much worse do they expect this situation to become".

All those money-printing bandaids won't help until the underlying reason is cured. I appreciate cheap dollars though, might come in handy for taking some cash out of the house before real estate prices collapse.

I’m in Bitcoin, because I never had faith in humanity.  Bitcoin is a system which exploits ruthless self-interest to coerce people who hate each other into cooperation—for the good of Bitcoin, not for each other.

I am sorry for your loss.  By that I mean, your dearly departed coins which I know you are mourning.

I have all of my life savings in Bitcoin.  All the liquid money that I have, aside from hand-to-mouth scraps of fiat to cover my mundane expenses (and I live simply).  It is money that I cannot afford to lose; for I was never an investor, and I never thought of it as a financial investment per se.  Bitcoin is to me more than money.  Also, I can’t preach something to people if I’m not living it.  —Also, I play for keeps; and that means going all in.  I have always been that way.

For the past few days, I have been ignoring the market (as I usually do).  I don’t even know the current price exchange rate (non-monetary commodities have prices; currencies have exchange rates!).

I couldn’t panic-sell, even if I wanted to:  I have never had a KYCed fiat-crypto exchange account.  Getting my money into Bitcoin anonymously was a major project; and it cost dearly, especially given that I was ignoring the market as usual.  Selling my coin for fiat would be even more difficult, because it’s easier to spend fiat cash anonymously than to obtain fiat cash anonymously.  But I don’t mind being stuck with Bitcoin.  Married to it.

Now, it is foreseeable that in the near future, I may wind up with Bitcoin and no food.  I am a practical man; and frankly, I will admit that I would rather have food.  Still, I am glad that I have my Bitcoin.  Bitcoin makes me happy.


That is actually not emotional on my part; and it is not a religion, my sense of humour notwithstanding.  Bitcoin is the concrete embodiment of higher principles.  At this point in history, it is one thing that can help slow our descent into a terrible abyss.  That, I care about more than I care about money.

---

I don’t recommend buybacks based on emotions, any more than I would recommend panic-selling.  The cool, savvy approach will result in having more Bitcoin in the long run.  I do think the banks are trashing us now.  Panic-selling means money value in their pockets (correction noted as to a principle that most people never understand: the nature of money); so would whipsawing around with effectually FOMOing.  Just pretend that you are approaching this for the first time—so, how would you get into Bitcoin now?  Pretend that you just saw the term “maximalism” for the first time, and you’re such a n00b that you assume it means maximizing the amount of Bitcoin that you have. ;-)

Yeah I dunno

I shaved off my "feeling better" money at $13

dollars

...I ain't doing that shit again

How is that for negativity?  :-)

In a world where the FED panic, who am I to not panic? LoL

I don't know what is safe. Probably nothing. Not gold, not cash, not btc.

Life is risk, and death is a part of life.

...destroy within yourself every particle of the sick modern mindset based in the fantasy that the world can be made safe.

Not gold,

not cash,

not btc.

this is a complete global meltdown. Many people will die. This is not a small scale war in the Middle East.

The dollar is pulling a supernova. No matter what the FED do, it will keep going up because the demand is infinite on dollar.

The FED is trying to counter balance it by putting more money into the system but how can you counter infinite demand? By creating infinite supply. That 700billion is nothing. Make it 700 quadrillion.

Trace Mayer lost a lot of credibility after shilling Mimblewimble coin in this interview and got flamed by the BTC maxi's
I think he's to ashamed to show his face now. His bags must be heavy.

I’m in Bitcoin, because I never had faith in humanity.  Bitcoin is a system which exploits ruthless self-interest to coerce people who hate each other into cooperation—for the good of Bitcoin, not for each other.

I am sorry for your loss.  By that I mean, your dearly departed coins which I know you are mourning.

I have all of my life savings in Bitcoin.  All the liquid money that I have, aside from hand-to-mouth scraps of fiat to cover my mundane expenses (and I live simply).  It is money that I cannot afford to lose; for I was never an investor, and I never thought of it as a financial investment per se.  Bitcoin is to me more than money.  Also, I can’t preach something to people if I’m not living it.  —Also, I play for keeps; and that means going all in.  I have always been that way.

For the past few days, I have been ignoring the market (as I usually do).  I don’t even know the current price exchange rate (non-monetary commodities have prices; currencies have exchange rates!).

I couldn’t panic-sell, even if I wanted to:  I have never had a KYCed fiat-crypto exchange account.  Getting my money into Bitcoin anonymously was a major project; and it cost dearly, especially given that I was ignoring the market as usual.  Selling my coin for fiat would be even more difficult, because it’s easier to spend fiat cash anonymously than to obtain fiat cash anonymously.  But I don’t mind being stuck with Bitcoin.  Married to it.

Now, it is foreseeable that in the near future, I may wind up with Bitcoin and no food.  I am a practical man; and frankly, I will admit that I would rather have food.  Still, I am glad that I have my Bitcoin.  Bitcoin makes me happy.


That is actually not emotional on my part; and it is not a religion, my sense of humour notwithstanding.  Bitcoin is the concrete embodiment of higher principles.  At this point in history, it is one thing that can help slow our descent into a terrible abyss.  That, I care about more than I care about money.

---

I don’t recommend buybacks based on emotions, any more than I would recommend panic-selling.  The cool, savvy approach will result in having more Bitcoin in the long run.  I do think the banks are trashing us now.  Panic-selling means money value in their pockets (correction noted as to a principle that most people never understand: the nature of money); so would whipsawing around with effectually FOMOing.  Just pretend that you are approaching this for the first time—so, how would you get into Bitcoin now?  Pretend that you just saw the term “maximalism” for the first time, and you’re such a n00b that you assume it means maximizing the amount of Bitcoin that you have. ;-)