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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8747. (Read 26637725 times)

legendary
Activity: 2186
Merit: 1213
Back in 2014 when I entered Bitcoin $10 gains were normal and $100 gains a day were huge. Now some times $1000 gains a day seem normal. Maybe soon $10k a day gains will be huge.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
I hadn't seen it that way, but buying is a good option.

Quote
#Bitcoin Unrealized Profit is low at the moment & seems to be trending down. At the same time, Unrealized Loss is trending up. Look out for a cross over, historically signaled bottoms.

As traders have less profit to realize, sell pressure could reduce.

http://studio.glassnode.com/compare?a=BTC&a=BTC&m=indicators.UnrealizedProfit&m=indicators.UnrealizedLoss&sameAxis=true&scl=lin&scl=log



Source: https://twitter.com/TheCryptoDog/status/1207360187654213632
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
We don't use coinbase in these here parts.

Krexyun: You don't use Coinbase in these here parts.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Shorts are gonna get rekt

Disclaimer: bought the dips and burned
The manipulators  Cool
legendary
Activity: 1834
Merit: 1520
It really looks like alts are about to fall against BTC in the next couple of days, due to the short-term head-and-shoulders pattern being formed on the majority of ALTS/BTC. This may be a signal of bitcoin's significant move in the next few days. My guess is, it'd be (very) up.

I still believe it. It might not have happened in the past couple of days but it should happen very soon IMO.

sr. member
Activity: 696
Merit: 439
Bitcoin up $1,000 since the lows today!
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
I am so calm and confident about Bitcoin, yet I couldn't sleep and decided to take a peek at the price - $7290! And earlier today we were free falling to $6400. This is very good bullish sign! And bakkt hit record highs again - over 6200 bitcoins put into contracts today! I guess some of them were bought in the last 24 hours, so bakkt has some impact on the price after all!

Edit. The price shot up to 7440 while I was writing!
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
MAKE A CHRISTMAS PRESENTS THAT HAS VALUE

Give bitcoin to your dear ones.

If everyone did, we'd have a nice Xmas pumplet on our hands.

SO GET ON WITH SOME SERIOUS GIVING, FOLKS!

Always do.
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
In further ass news tonight we can confirm that...


https://twitter.com/DaveVescio/status/1207028149873082368?s=20

...capitalists are assholes.

Nah, capitalism and free market will very soon produce a portable ad on that makes the seat level again.

I might suggest the voluminous employee manual be wedged between seat and bowl.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
ok, enough of this shitshow. I demand a pump! I demand the mother of all pumps! Nuke the alts, sacrifice the shitcoins as bitcoin fuel. go go go!

Good work, vroom.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

IIRC, you played your cards really well (converted the altcoins into BTC at the peak) and ended with around 50BTC a couple of years ago. WTF did happen?

I didn't convert them all. That was the value if I had. So yeah .... right ... The alts were ... staking or getting rewards, and I lived off those rewards without eating into the principal, so in that sense I wasn't losing. But then everything crashed, so the alts weren't enough.

If I did convert it all, I would most likely still be unemployed today but it's a good thing I discovered all sorts of traditional financial investments because of that that I'd know better what to do next time and at least set aside some as a conservative investment in fiat, or as an emergency fund at least.

Other things happened in between, like exchanges literally dying as I was trading them, so lost some that way.

Sorry to hear that. I remember that, at the time, I though it was envious how well you played the up and downs, but I guess shit can always happen no matter what. 50BTC would still be a pretty healthy stash even at current prices.

I am not too much into alts, but I do remember how Byteball, for example, had an sky high valuation while it was paying "rewards" and then it dropped to almost nothing when it stopped doing it. I guess the moral of the story is that alts will always be alts and Bitcoin is the only safe (even if volatile) store of value.

The paying of rewards or interest are ways to trick people out of their bitcoins.  Lot's of previous BTC HODLers get tricked into no coiner status (or near no coiner status) due to these kinds of get rich quick or passive income (that is really not passive income) ploys.

Everybody has gotten smarter since the last shitcoin mania which means shitcoins may never reach their ath prices again.

I will believe it when I see it regarding 1) people actually getting smarter.  There is still a lot of dumb money out there given that BTC/crypto adoption is likely in the 1% of the population arena... 2) a decent quantity of shitcoins could still pump again.  Might not be all of the same ones, but there are some shitcoins that likely have pumpening skills to re-enliven their worthless zombie projects into pumpementalisms 2.0 or 4.0 or whatever revivalism version.


legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist

It is faith in mathematics and rationality of the humans.
Still faith, but a lesser one.


Nah mate, you don't need faith in mathematics, that's an oxymoron. Faith is a belief in something you cannot prove, like religion as you said, but very much unlike math(s).

To be pedantic about it, all of mathematics lay upon lists of unprovable axioms.

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight

It is faith in mathematics and rationality of the humans.
Still faith, but a lesser one.


Nah mate, you don't need faith in mathematics, that's an oxymoron. Faith is a belief in something you cannot prove, like religion as you said, but very much unlike math(s).

To be pedantic about it, all of mathematics lay upon lists of unprovable axioms.
legendary
Activity: 3276
Merit: 2442
Everybody has gotten smarter since the last shitcoin mania which means shitcoins may never reach their ath prices again.

Bitsend used to be $2, burst was what? $0.1 or smth. They nearly lost 99% of their value.

The free bsd I got from the airdrop used to be worth nearly $2k. Now it is only worth a bottle of beer.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

IIRC, you played your cards really well (converted the altcoins into BTC at the peak) and ended with around 50BTC a couple of years ago. WTF did happen?

I didn't convert them all. That was the value if I had. So yeah .... right ... The alts were ... staking or getting rewards, and I lived off those rewards without eating into the principal, so in that sense I wasn't losing. But then everything crashed, so the alts weren't enough.

If I did convert it all, I would most likely still be unemployed today but it's a good thing I discovered all sorts of traditional financial investments because of that that I'd know better what to do next time and at least set aside some as a conservative investment in fiat, or as an emergency fund at least.

Other things happened in between, like exchanges literally dying as I was trading them, so lost some that way.

Sorry to hear that. I remember that, at the time, I though it was envious how well you played the up and downs, but I guess shit can always happen no matter what. 50BTC would still be a pretty healthy stash even at current prices.

I am not too much into alts, but I do remember how Byteball, for example, had an sky high valuation while it was paying "rewards" and then it dropped to almost nothing when it stopped doing it. I guess the moral of the story is that alts will always be alts and Bitcoin is the only safe (even if volatile) store of value.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
This is fine.

That being said we won't be out of the woods until after $8K+.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
I love you Emily.

Is Emily #2? I thought I recognised her.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
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