Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[LFC_Bitcoin]

So another day sideways.  and the 106-124 slot is extended .

Dec to Sept so far.

Crazy how weak Bitcoin has been this year so far.

Really hope to see it take off soon, we’re getting comfortably outperformed by Gold this year which is kinda pathetic.

I have to maintain conviction that we break out soon, surely.

[ChartBuddy]

Explanation
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[LFC_Bitcoin]

anyone here who claimed that shitcoin airdrop yet?

What’s this?

[OutOfMemory]

So another day sideways.  and the 106-124 slot is extended .

Dec to Sept so far.

Crazy how weak Bitcoin has been this year so far.

Really hope to see it take off soon, we’re getting comfortably outperformed by Gold this year which is kinda pathetic.

I have to maintain conviction that we break out soon, surely.

When most of the buying volume is circumventing spot markets, there is no such price increase.
No big jumps = no moon headlines = no retail interest = low social score.
Surely a bit of dilemma.
Supply shock is the new (waiting) game after hodl, maybe?

EDIT: But look how far we've come just by hodling. Also: Derivatives suck. Not that we didn't know it before.

anyone here who claimed that shitcoin airdrop yet?

What’s this?

If you want to test me: It's a way to scam Bitcoiners into degen shitcoins. Does the term "Hex" maybe trigger something inside you?  

EDIT2: Speaking of triggers: God, please don't let cocky ETF investors reply to my Derivatives rant.

[promise444c5]

With all the JS shenanigans, I wouldn't move any coin right now.

I don't see why and where this should/could affect my electrum wallet.
Maybe I miss the point here, but if a wallet is depending on sucking in literally hundreds of libraries from don't-know-where it's probably nothing for me anyway.

True, I believe the update wasn’t exposed for too long, but since they’re popular we might already be talking about millions, maybe even billions of downloads. It’s been taken down(at least from his recent update regarding the issue), but the malware is still out there on devices, pushed through updates and so on.
Cold wallets shouldn’t have any problem, even if there are other apps on them since they don’t accept updates. Electrum shouldn’t be affected either… This mainly affects apps built on JavaScript frameworks running on devices that actively connect to the internet. Don’t know how the malware works but I’d just be careful in case any of my other React Native,Electron.. apps might have received updates recently.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[Hueristic]

Anyone using a wallet that depends on J.S. needs a bitch slap to begin with.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[promise444c5]

Anyone using a wallet that depends on J.S. needs a bitch slap to begin with.

I have Blue wallet on my device 

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[cAPSLOCK]

It's weird how complicated people like to make shit. People have been talking about Elliot waves and bitcoin since I started here in 2013. Buy now, sell now, definitely this is what the future holds. Sounds fucking stressful if you ask me. Plus a recipe to end up with 0 bitcoin. I'm sure there are people out there that have made a killing, survivorship bias and all that. Maybe even a couple know what the fuck they are talking about. Still stressful.

With btc the KISS principle has always worked out pretty fucking well, and will continue to do so as far as I can see.

Buy bitcoin. Only sell if you absolutely have to. Like a loved one needs a kidney, or the bank is coming to repossess your house or some shit. In bear markets don't look at the price. Sometimes for years. Chill the fuck out. Don't think you are smarter than you really are, sure as fuck don't think you are smarter than the chaos that is bitcoin price movements.

Buy bitcoin. Don't stress. Don't sell. Don't be greedystupid.

If every chart producing oracle that has come and gone from these pages had done that, there would be a lot more rich forum members. Your charts, models and fancy theories will send you broke. I'll still be here. Once I forgot my password for 3 years. Thank god for JohnTheRipper.

Buy bitcoin. Chill the fuck out.

Nice post.  The Bitcoin way...

Matt Odell made the saying "Stay humble - stack sats" famous.  It is in the same vibe as your above philosophy.

I admit I never liked the "humble" word in there.  Not because I do not think humility is important, but he uses it in a very narrow definition.  Humility is something valuable to cultivate accross all domains of one's life.  I have failed in many, but I am not done yet.

Still... I kinda like your version better: "Chill the fuck out. Don't think you are smarter than you really are, sure as fuck don't think you are smarter than the chaos that is bitcoin price movements."

[ChartBuddy]

Explanation
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[Room101]

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[ChartBuddy]

Explanation
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[Biodom]

Can't believe its been nearly 13 years since I started posting on the wall observer thread. Cheering for the downfall of the bear whale. Hearing the same FUD over and over again. Updating bitcoin core over and over again, checking the binaries, devising stronger and stronger security as my investment went from 4 figures, to 5 figures, to 6 figures, then 7.... and now finally hitting 8 figures. From a $5k investment. Crazy. While everyone in my real day to day life told me it was stupid, a scam, a total waste of money, destroying the planet, a right wing grift.

About to finally sell 1/3 of my stash. Will buy a mostly passive business returning $400k a year....for ever. Generation wealth for the kids i have had since that first investment. No going without food like I had to growing up. No getting bullied for wearing hand me down dunlop volleys. No eating carrots on Canteen days because Mum couldn't afford to spare any cash. 100% certain I would be better off just hodling the BTC, but can't pass up the chance to set my family up with cash flow for life. I'm sure lots of people here have had to make similar decisions .

And the only people that really understand are you reprobate fuckers....the ones that have been here with me the whole time....the ones that believed when the world called us crazy. The ones that made me laugh. So thanks everyone. I'll keep most of my stash, and I'll keep checking in here, reading the thread when ever I feel down, or like a need a laugh. Here's to all you fuckers. I love you all, and I love how far we have come.

Big congrats!
That said...somehow I have a feeling that we might also know you by some other nick...otherwise, what a posting/logging restraint over 12 years!
Of course, you don't need to answer.

Notably, "passive business returning $400k a year....for ever" hardly exist, as far as "forever" part is concerned.
Surely, you can buy a bond of a long duration that guarantees the cash flow as long as the country in question perseveres undisturbed, but business?
Perhaps, I am just not familiar with some businesses that are essentially forever.

[Room101]

...

[ChartBuddy]

Explanation
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