Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I am glad to see more members here feeling the same way I do. For one moment, I had the feeling I was the only one.
It sucks that we are now living in a world in which your opinion is only listened to by others if it begins with the negation of you thinking different than what the mainstream media says. My critical thinking about the war always has to begin with 'I am NOT supporting Putin nor am I supporting Ukraine'. Whenever I do not do this, my opinion is immediately discarded.
And yes, all the darn fun watching charts is now gone. There is some kind of guilt in the atmosphere whenever an asset you are watching goes a specific direction. You just know this is not about Bitcoin getting us rich anymore, it is not about its success. Now it is about the average human slowly going broke, about us possibly getting into the next World War and about the economy getting brutally screwed all around the world.
I hope I sent out merits to all of you who offered a feedback and have not missed anyone. Feels good when you know others are on the same page with you. Otherwise it felt like I was the one going nuts.
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Regards,
PrivacyG
It sucks that we are now living in a world in which your opinion is only listened to by others if it begins with the negation of you thinking different than what the mainstream media says. My critical thinking about the war always has to begin with 'I am NOT supporting Putin nor am I supporting Ukraine'. Whenever I do not do this, my opinion is immediately discarded.
And yes, all the darn fun watching charts is now gone. There is some kind of guilt in the atmosphere whenever an asset you are watching goes a specific direction. You just know this is not about Bitcoin getting us rich anymore, it is not about its success. Now it is about the average human slowly going broke, about us possibly getting into the next World War and about the economy getting brutally screwed all around the world.
I hope I sent out merits to all of you who offered a feedback and have not missed anyone. Feels good when you know others are on the same page with you. Otherwise it felt like I was the one going nuts.
-
Regards,
PrivacyG
OMG... .tell me that it is not true.
Tell me that bitcoin still matters.
Tell me that talking about bitcoin, thinking about bitcoin and participating in this thread (and forum) still matters.
I hope so.
Am I the one filled with hopium now?
I think we may see a short term dip to the low 30Ks or even lower in the worst case scenario.
......[edited out]
But for the moment I think it will be doom and gloom.
......[edited out]
But for the moment I think it will be doom and gloom.
This would make the mid term prediction of $32k bottom and subsequent bull market resume true.
At the other hand, it would form a double bottom, which is also bullish, afair. But i stopped believing in patterns too much anyway.
1BTC = 1BTC
hhahahaha OOM...
I am glad that you worked all of that out in your head.. that yeah, down before up is possible, but it surely is not a condition precedent.. and who even knows if it has odds that are much higher than 50/50 even though some people seem to be presuming such down before up scenarios to actually have pretty high odds at this time...
Go figure!
Monday morning charts
dyor
Bitcoin is up two and half points this morning, rebounding from overnight low of $37,592.73 and is currently trading near $39.4k
dyor
Bitcoin is up two and half points this morning, rebounding from overnight low of $37,592.73 and is currently trading near $39.4k
Toxicmoxic.. thinking of the devil (referring to my own thoughts.. hahahahaha)...
I have been considering your lil theory about bitcoin getting drug down with shitcoins.. and it is not exactly a way off theory.. but it does seem that sometimes there is a kind of dynamic in which the shitcoins continue to bleed.. but bitcoin stops bleeding as much.. and a kind of osmosis (or would we refer to it as group think?) starts to occur.. so in that regard, it seems that the memo starts to get out that it may be better to put value into king daddy rather than continuing to hope that these various frothy-assed shitcoins are going to recover.. blah blah blah.. In other words, let get off of these melting icecubes and get into something a wee bit more solid.. which would be king daddy... ... so in some sense, there can be some truth to the dynamic that both are going down together.. until they are not.. and I am not even going to presume anything in terms of sustainability or any kind of solid prediction when and how such froth purgening is going to play out.