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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9361. (Read 26711019 times)

legendary
Activity: 1260
Merit: 1116
It’s better to look forwards than dwell on the past. This is why its so important to not have downregulated GABA receptors. Too little GABA in the prefrontal cortex has been implicated in PTSD, looping thoughts and rumination. Also it messes up your sleep. Too little GABA, too much REM sleep, too many bad dreams. You can't buy your way out of a loony bin tho. Anywho.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
It’s easy to eradicate a r0ach in RL, JJG Wink

I was just reading your long post there buddy, I too wish I’d bought more in around 2014. I had a bad car accident in 2006 & got £50,000 compensation, the other guy was drunk.

I spent a lot on BTC but never touched any of that money mentioned above. I wish I would have tbh obviously but I’m sure every single person on this forum regrets not buying MOAR. I couldn’t justify spending any more on BTC because I was in huge losses in 2014/15. Hindsight is great isn’t it   Undecided

It’s better to look forward than dwell on the past Smiley
legendary
Activity: 1260
Merit: 1116
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"


r0ach already provided me this one Cheesy

I hope you don’t have to continue working at McD’s mic. Maybe you are due a pay rise now though?

The pic from r0ach is a fake.
I'm sure mic doesn't have en ethereum tattoo. Or ripple, FFS...

It is funny though because it exaggerates a certain kind of point... an inaccurate point, but still funny especially coming from roach who has hardly ever said anything that is factually accurate, anyhow... hahahahahaha....



gotta kind of feel sorry for the little bug,


NOT
legendary
Activity: 2338
Merit: 2106
jeez, what happened to the good old flash crashes? it hurts, yes, but it is over sooner. this stumbling/bleeding/wick fuckery ain´t no fun. i´d prefer a throat cut candle down to $8k. bring it on bears, bring it on ffs!
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Am i on a wild goose chase in my thinking, here?

Of course not. Grin

legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Apparently 2020 promises ...


legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
It is my earnest hope that the reemergence of sound money will cause corporations to finally look beyond next quarter's numbers.

bitcoin can and will change a lot of things. i doubt greed is one of those things. personally i am not the greedy kind of guy regarding fiat. but boy, when it comes to bitcoin i experienced me being greedy to an extent it started to make me wonder.

boeing got caught in the same trap as the german car industry: too big, too powerful, lobbyists too successful, decade after decade... that is one of the reasons why start ups sometimes are able to beat the behemoths. and yes my friends, that is also a part of the reasons why we will win the race for sound money. btc price in the vicinity of 10k per btc is actually a sign we are winning already.

Here goes my last merit.  Wink It sounds like me. I never was a greedy guy regarding fiat. But soon after I went into Bitcoin, I became so jealous of those having 100+ bitcoins. I make everything possible, without going into debt to the banks, to invest all into it.

I would be nervous with such an approach, but let's see if maybe you can clarify what you mean by "all in"?

You do have some other investments, like stock or real estate or bonds, no?  So, in that regard, if you have some of those other investments, then you would only by "all in" with new investing?

I must admit that I have been focusing primarily on bitcoin investing, once I got into it in late 2013, and there was one time in about September 2014 (BTC around $380) that I was considering removing significant quantity of funds from my 401k (I had identified a possible way to accomplish such as a kind of rollover without tax penalties) which would have caused a near doubling of my BTC investment and thereby also bring down my average cost per BTC considerably, too, but I got chicken shit regarding over-investing in bitcoin and I had come to the conclusion that I had more than enough bitcoin in my holdings, and I really did not need to take on more risk (into bitcoin) by diversifying out of some of my traditional investments that, even though they had been performing mediocre, they were still largely holding their value (even accounting for inflation, etc). 

Of course, in retrospect, I see that I could have made a killing with such a move to diversify out of some of my 401k into BTC, but at the same time, I am still content that I did NOT do it - because in my thinking, my BTC appreciation (even accounting for risk etc) has already been amazing enough, and such considerable BTC appreciation (without  my really cashing out of BTC and rediversifying back into fiat based investing) has caused my total percentage value into BTC to become quite lopsided in favor of BTC, which I still conclude is good enough to ride out without needs to either rediversify back into traditional investments nor to engage in any kind of behavior that dilutes the stability of my traditional investments (that could largely sustain me completely, if I were to need to live off of them... but now they just merely continue to ride and to appreciate in value based on the traditional stock market and various traditional means of diversifying within those investments). 

I too think that building such a strong support at 9.7-10.3K is huge. In 2017 for several months Bitcoin made 6x+ increase starting with the last long support at 3K. With a support at 10K we can expect either an explosive run to 50K+ or more gradual increases with other major resistances turned into supports. I am willing to wait untill we are above 100K, and gathering nerves and courage to endure all the coming crashes. I am convinced that 40K+ will be touched without much hype just by regular mass adoption. So what is the point in selling most at this price? I personally will be tempted to sell something for sure, because it is an important price goal for me. I will sell probably 10-20% just to buy land where to build my future house. I hope to be able to hodl until 120K or something, even if it takes more than 5 years for that. This is my hopium Smiley Everyone needs some hopium to live. No matter how dark or dull looks the present situation. There is always the hope. No troll, no chart, no government, etc. can steal my hope, if only I hodl firm! (After all, the other meaning of hodl besides the original misspel is Hold On for Dear Life.)

Are you thinking that BTC prices reaching $120k in about 5 years or less would be sufficient in order for you to go into a kind of "fuck you" status?  or at least to be able to live off of your BTC indefinitely without having a need or dependence on a traditional JOB?

Surely, a lot of us believe that there are decent chances that your hopium price could be reached within that timeframe, so it is not unrealistic... However, since "decent chances" is not the same as "a given", there are always needs to prepare for a lot worse scenarios, which makes it seem more than reasonable to label your tentative ideas (plan) as a kind of "hopium."
legendary
Activity: 2338
Merit: 2106


Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40%

Quote
Bitcoin’s (BTC) network hash rate dipped a record 40% yesterday, Sept. 23, in a sudden shock for the network.

https://cointelegraph.com/news/bitcoin-network-hash-rate-mysteriously-flash-crashes-by-40

Someone does not pay the electricity bill.


40%? Maybe at blockchain.com
Else it's merely ~13% (95.55E>82.98E) - or somewhere in between.

[img height=100]https://i.imgur.com/vTMpWFJ.pn/img]

~ yawn
It is simply slowly growing back.
But according to coin dance it fell to 57 EH/s yesterday
https://coin.dance/blocks/hashrate/linear

i wonder if there is any other network, supercomputer, whatever, that can lose 57 EH/s in one day without crashing/downtime/doom  Cheesy
copper member
Activity: 2898
Merit: 1465
Clueless!
well, i got to admit that i expected some more buys during the launch of bakkt. this is pathetic.


Of course this is too early to try to figure out anything from this values, but of course one can try to compare to what happened on similar occasions:

Bakkt Bitcoin futures launch volumes 75 times smaller than CME’s first day

Quote
By the close of Monday, a total of 72 BTC had been traded on Bakkt—75 times less volume seen than December 2017 launch of CME’s cash-settled futures offering, which saw the equivalent of 5,298 BTC traded on its first day, as noted by Alex Kruger.


Maybe institutional investors are having troubles getting over their trust in fiat hangup?

If the main  difference is that CME is cash settled and BAKKT is BTC settled, then institutional investors might appreciate CME more because they can engage in a kind of naked shorting, while BAKKT requires the usage of the actual asset that is more in-line with the actual vision of bitcoin.  In other words, CME might better enable institutional investors to screw with bitcoin - versus a more honest mechanism that would be represented by the BAKKT tool(s)? 

Am i on a wild goose chase in my thinking, here?


I think you nailed it pretty well.

Though I think of a 'wild goose chase' anytime I think I know something about Bitcoin. It is a better option than thinking I know anything about Bitcoin. Besides constantly thinking

about wild geese in a race is more calming..then trying to figure out what that wretched wench Bitcoin is up to behind my back...grrrrr.... Smiley
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
well, i got to admit that i expected some more buys during the launch of bakkt. this is pathetic.


Of course this is too early to try to figure out anything from this values, but of course one can try to compare to what happened on similar occasions:

Bakkt Bitcoin futures launch volumes 75 times smaller than CME’s first day

Quote
By the close of Monday, a total of 72 BTC had been traded on Bakkt—75 times less volume seen than December 2017 launch of CME’s cash-settled futures offering, which saw the equivalent of 5,298 BTC traded on its first day, as noted by Alex Kruger.


Maybe institutional investors are having troubles getting over their trust in fiat hangup?

If the main  difference is that CME is cash settled and BAKKT is BTC settled, then institutional investors might appreciate CME more because they can engage in a kind of naked shorting, while BAKKT requires the usage of the actual asset that is more in-line with the actual vision of bitcoin.  In other words, CME might better enable institutional investors to screw with bitcoin - versus a more honest mechanism that would be represented by the BAKKT tool(s)? 

Am i on a wild goose chase in my thinking, here?
full member
Activity: 207
Merit: 120
down below 9600$ in the next minute...

It didn't go below. Totally unacceptable.

sr. member
Activity: 1022
Merit: 340
I'm not expecting ~$9000 support level to break down, but if it actually does break down, $6000 ain't out of cards.

I generally expect that ~$9400 will bounce up until the trade in the daily channel and it becomes narrow.
sr. member
Activity: 720
Merit: 388
down below 9600$ in the next minute...
legendary
Activity: 1834
Merit: 1520
I'm not expecting ~$9000 support level to break down, but if it actually does break down, $6000 ain't out of cards.

legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
Yes Boris Johnson is both ugly and short

Boris's father keeps trying to fuck my aunt. The poor woman also sat next to Boris at dinner once upon a time. The only question he grunted at her was 'where did you go to school?' and when it wasn't fancy enough he ignored her for the rest of the night.

I applied for a job once in the UK, as an adult.

They asked me for my high school transcript.  I told them to GFTO. 

LoL I did met you.... you still are not an adult so skip the lie Cheesy

Sorry to ruin your Opsec age ....
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
I never cease to be impressed how leaders of the free world are scared of a 16 year old girl

Scared? More like annoyed by the ugly little noise maker :p
Why? One of the central tenets of Libertarianism is to own your shit. If someone is polluting my air, water, or screwing with my weather they either need to stop or compensate me for the loss.

When the old coal plants were working I had to wash my car every other week because of the dust. Now that they are gone I do not. Who do I send the car washing bills to?

The people who tend to get upset at people like this are usually ones who expect to get something for nothing and don't like being called out. The classic definition of a rotter.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
The only solution for countries in crisis is in Bitcoin ..
 


Gold does contribute, but it is difficult to transfer from one place to another, many taxes, but the funds that are managed through Bitcoin are much larger and in seconds. It would be the ideal solution for these types of problems.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
I applied for a job once in the UK, as an adult.

They asked me for my high school transcript.  I told them to GFTO.  

I had to look up what such a thing is. Never heard of that before. It must have been a fancy establishment. Mine would read '1 hour of revision on the bus before exams. Most of class time spent playing Mortal Kombat down the seafront arcades.'

My experience of the expensively educated is that most are loud as fuck and rude as fuck. If they're a generation older they're also fucked up as fuck. Their parents paid significant sums to have their children removed from the home at an extremely young age and tortured by multiple strangers. Weird business proposition if you ask me.
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