Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9973. (Read 26710179 times)

right?

ffs

One busy day made me fall 7 or so pages behind. WTF, WOT! 

Observing 10730.

Imagine not knowing US plebs aren't allowed to trade with leverage. Almost like he's trolling.

Share Some proof ..... thx in advance !!!

Once a week, dumb ass.


lol


 

Gold pumping like a shitcoin. Guess some insiders knew well in advance about

When will Thursday ever come?

Nothing is even close to replacing bitcoin.  Sir, thou doth protest too much, me thinks.




Mostly what I see is your speculations about negatives that largely do not exist.... and even if they do, they are not as BIG of a deal that you are making them out to be.



The facts seem to be going the opposite of your fears, including the fact that the price is going up.  Yeah, maybe you believe that the price going up is mere manipulation and not really based on anything, but there also seems to be a bit of evidence out there that financialization had been tending to lead this last pump, and some of the BIG boys are seeming to want to get in on bitcoin before anyone else, and I could give two shits about whether they are able to sustain their interest or not or whether some of them are trying to manipulate the price or not, it becomes quite difficult for even some of these supposed BIG boys to stop the momentum when it begins to go up, and it really does not matter if they attempt to manipulate or they attempt to front run the 2020 halvening or they give up on bitcoin, honey badger doesn't care, and she is going UP wether the BIG boys front run her and manipulate her or not.... even if it could take a bit longer before we are richer than fuck... and even if along the way we are only merely regular rich. 

Either way, any of us who are in bitcoin should be able to take measures to protect ourselves to prepare for both ups and downs, and in the long run as long as we continue to accumulate bitcoin, we are going to be way the fuck ahead of the game, even if there happens to be some delay because manipulators are having some temporary success in manipulating DOWN rather than UP, yet they can only keep this BAD BOY down for so long... and many of us who are buying and accumulating already know that bitcoin is an asymmetric bet towards the upside, even though it is not guaranteed, but the odds are damned good that in the long run we are going up rather than down.. and manipulation attempts are going to continue to be attempted along the way.



O.k.  Fair enough.  We will see how some of this plays out.  Could be up or could be down.  We should prepare for either direction and both directions all at the same time.


"Eventually" we are all going to be dead too.  So, we just play it for what works for us.  So far bitcoin still is the best investment in town, so I don't know what you are so worried about in regards to how things are going to "shake out."   Everything is a moving target and there are a lot of players in bitcoin that cause a whole hell of a lot of networking effects in bitcoin that are building and building and building all at the same time, even while BTC's price is going up and down, and again, no other coin or project is even close to bitcoin in terms of these various network effects.



No real need for me to repeat that I believe that you are giving way too much weight to one thing that is likely to play out, and sure it could take 50 years before really seeing it play out, but I still believe that less than 1% adoption is where we are at, and we are going to see magnitudes of increases in BTC's price, even if we merely get to 5% in five years. 



Are you talking about retail adoption?  or something else?  There seems to be a whole hell of a lot of exchanges that are coming onto the scene, so I think that matters are evolving sufficiently well... Yeah, it would be nice if there was better tax treatment for spending coins, but there seems to be more and more awareness of bitcoin all around the world, and some of the developments and even the entrances of some of the BIGGER players could increase some of the use cases too... My point is that development and adoption takes place within a lot of spheres, and if you are merely referring to one kind of adoption that you would like to see more of, then seems that you are too focused on one thing because there is constant activity and development in the space that should be keeping it excited for anyone who is trying to accept bitcoin for what it is rather than trying to proscribe on it some kind of set of expectation visions and then proclaim that bitcoin is not filling those expectation visions.  That seems like self-defeating thinking and a kind of non-acceptance of bitcoin for what it is and directions that it has been developing, including every single year since it's inception.


It's already doing pretty well in regards to store of value.  I can take my store of value anywhere in the world, and nobody can say shit about it.

Try doing that with some other asset.



Maybe you are talking with the wrong people?  There are certainly a lot of people out there who are interested in bitcoin, and are taking measures to learn more about it.  Look at the number of podcasts about purely bitcoin... whoaza!!!!!   Growing exponentially.  There are so many god damed bitcoin experts that it amazes me to try to keep with the ongoing free buzz that is available for bitcoiners, and it is just growing and growing and growing, from my perspective.  Some people I listen to, and I say to myself "holy fuck!!!!!"  Some people know so much, and they have been in the space for only a short period of time, too.  That is only increasing and only going to continue to increase, from my perspective, and if some dumb negative whiners cannot figure it out and at least figure out some way to get themselves on board or to start to buy in, then they are likely going to be chasing the bitcoin train when we are a lot higher prices, such  as in the supra $30k arena.... and then they might end up getting burned again, but that is because they are unable or unwilling to figure out a strategy for today in order to prepare for a future that is quite likely to happen... and that is higher BTC prices...


I am glad that you are not advising (or an expert) on this topic, because you seem to giving too much weight to a factor that matters a whole hell of a lot less than you are making it out to.


Yeah, but that is NOT what is happening.

Whenever we get large price increases, we normally get decently good size corrections.  Yeah, of course they can be in the 15% to 25% territory, but it is not unusual to have corrections that are in 30% to 50% arena.  Largely, if they start to get to be greater than 50%, then they seem to drag out longer, but if they are quickie drops, then the BTC price might bounce back in a kind of "normal" correction.

I don't understand why you want to harp so much on this in order to attempt to describe it as being less normal than it is....


I can see that and seems to be that what you are saying is quite "out there" recently, especially when you are getting so worked up about normal market movements.


You might be right, but making money from bitcoin means early adoption, which means higher volatility and higher risk, and once bitcoin matures, then the volatility will go down and adoption will go up, but it can take a long time to get there... so we are not there, yet, but lack of stability is not going to stop honey badger from doing what is going to do, which is largely go up in price in the coming years... and probably even more likely in the next two years around this next halvening.


 

Again, you seem to be failing to appreciate that bitcoin is continuing to grow, and you are harping on some perception that it is not growing fast enough in the way that you would like, and therefore, it is DOOMED... blah blah blah..

Seems like you have blinders on with your maniacal focus on this adoption thingie-ma-jiggie and suggesting that newbies are being scared out of the market by manipulation.

Sometimes mainstream economists who are sceptical of bitcoin at a conscious level actually justify its existence at a subconscious level.

Steve Keen is one such economist.

He writes off bitcoin due to its "ridiculous" energy budget, but in a previous lecture he identified the need for a "dis-saving entity" that would compensate for the currency that went out of circulation due to savers "parking" their capital. He argues that the "dis-saving entity" can be created by "bookkeeping". But the reality is it has to come from outside the bookkeeping realm since bookkeeping alone cannot create "capital" it can only account for it.

https://coinjazeera.news/peter-brandt-dies-of-old-age-in-longest-trade-ever/

Now that was the funniest shit I've read in a long time, thx for the link guys.

You believe that honey badger bitcoin gives any ratt's asses about newbies and/or the extent to which whales attempt to manipulate it?


I doubt it.  the market is going to do what they are going to do, and manipulators are going to manipulate as much as they are able to accomplish and attempt to shake as many coins as they are able to shake out of the trees, whether those are newbie trees or other dumb money... If they are able to shake, then manipulators are going to do it (or at least die trying).

So let's stop trying to be proscriptive about bitcoin.. It is what it is. 

Big block nutjobs, bitcoin naysayers, alt coin pumpers, FUD spreaders and no coiners spout out these kinds of nonsensical attempts to assert their wishes upon bitcoin, such as bitcoin should be more stable, blah blah blah, rather than accepting bitcoin for what it is, which is volatile as fuck... and bitcoin is likely to continue to be volatile as fuck until it reaches such a large market cap that it becomes way too difficult to manipulate.  Perhaps we need another 1000x of market cap growth, but even that might not be enough... so we should learn to accept bitcoin for what it is, and one of the most certain things about bitcoin is that it is going to continue to be volatile and to perform in directions that are sometimes beyond expectations in one direction or another.


Yeah... but it is negative to complain about something that you cannot change and even to focus on it as if there should be attempts to change it, when it is an intrinsic part of such an immature market that only has less than 1%  adoption of the world's population.


Mainstream is going to come when it is going to come.  There is no need to either rush mainstream  or to expect that bitcoin has to pander to attempting to getting mainstream.  Again, that sounds like one of those dumbass bcasher talking points.  Trying to make bitcoin into something before the market is even ready for it. 



Maybe you are getting too obsessed about unit price?  Who cares?  People will get in when they get in, and they are not going to necessarily be disadvantaged by coming in later, even though they would have made more money to come in earlier

The gist of the matter is that earlier adopters, such as peeps already getting into bitcoin, are going to advantage more than later adopters, but that is just the way things work, and you cannot force later adopters to become early adopters because they have to decide for themselves when they are going to get in and if they are going to get in under the terms that are presented before them.  Most of the people have no fucking clue what bitcoin is, even if they have heard the name.  And, even people who know more about bitcoin are frequently scared little chicken shits and afraid to buy because they think the price is too high.  Well, if they choose not to buy now, then they are likely going to have to buy later when the price is higher.  It is their choice whether to attempt to learn about it or to take some risks in order to invest early.

Of course, early investors take more risk, but they get more rewards too..... Later investors will come when the risk becomes less, but they are not going to get as many rewards, either because by the time that the vast majority of peeps start to feel comfortable with bitcoin, then it is not going to be appreciating in the same kind of way that it is now, even though it tends to take several years for up/down cycles to play out in such a way that the HODLers are damned likely to profit immensely as long as they don't allow their selfies to get shaken out by the noise, manipulation, FUD and other extremes that cause considerable price movements.




Who cares?  If an ETF comes, then it comes, if it doesn't then it doesn't.  Bitcoin is going to appreciate in price and development and even in stability whether an ETF comes or not.

Sure an ETF would likely cause BTC's price to appreciate a whole hell of a lot faster, but largely it does not matter because we are likely to be rich whether ETF or no ETF as long as we continue to HODL and not get shaken out of our coins.



You are complaining about something that cannot really be controlled, and seems to me to be a waste of energy to either be focusing on such matters or even hoping that bitcoin would evolve in a direction that it is not going to evolve... worse yet would be to try to work in a direction to force bitcoin to become more stable when bitcoin is good as it is and good as a creature of the free market.


Well, you seem to be describing dumb money and weak hands, and you can hardly stop from having dummies and weak hands, they are part of any free and open market.

Furthermore bitcoin is one of the most open markets, so it is much easier to enter and much easier for dumb money and weak hands to enter.  They will either learn or they may have to come back later after getting over their butt hurtness..... There are ways to figure out strategies, and we already know a lot of good strategies for newbies, and some will learn the strategies, and others will get burned... that is the way of the world.. I don't see any need to put in better protections, and surely I make my own attempts to educate all peeps about good strategies, whether they are smart or dumb and whether they are newbies or not, so the better information is available for anyone who attempt to spend some time to learn rather than listening to scammers and making dumb investment moves.



I am right that you are overly negative.  Adoption is going to come, even if the earlier days tend to be brutal, and good or bad, we still seem to be experiencing very early days that will allow a lot of new entrants to profit enormously as long as they try to learn good strategies and don't try to rush and make too many dumb moves.  Every newbie is going to make some mistakes along the way, but it is possible to learn along the way, too, and to just continue to HODL and accumulate and don't invest more than you can lose, and after several years, they are likely going to do quite well by exercising some persistence in their strategies and their continued attempts to learn along the way.

yeah was about to update

I'm afraid that he is still around.  

Narrator, year 2050: And some say, he remains in bed to this day.

I’m not getting out of bed until it at least matches yesterday’s high around $11,230.

Explain ur selfie.  


Edit:

Oh?  So you are saying that if someone sent coins to the genesis block, then they would have done that because of a bet or a dare or something?  Like burning coins?

My understanding is that the genesis block can never be spent, and that was part of the price of the first transaction.

Never heard about him, ignorance but it appears to me that Peter brandt was famous trader? RIP
his twitter account is active (team maybe) and article published 22 hour ago  
https://twitter.com/peterlbrandt?lang=en

https://coinjazeera.news/peter-brandt-dies-of-old-age-in-longest-trade-ever/

Satire-fake news

go with a DEMO account on BitMex --> https://testnet.bitmex.com/

trust me you won't need more with your BTC history 

@proudhon, let us know your position as we are all pulling for you.