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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 31/05/2025, 02:02:07 UTC
⭐ Merited by OutOfMemory (1)
Degen liquidated ~9pm EST.


Right before that spike down to the 104 area.  We COULD SSE some recovery now depending on how much of the current direction had to do with his liquidation. Interesting at least.

Some think it was all an act with box trades to fleece the lemmings.

I'm glad I do not play this game.

Maybe I should not care, but what happened with the supposed supra $1 billion, and it was even getting closer to $2 billion because it kept growing.

Good news, bad news...  Roll Eyes
Good news is that the outstanding money from my insurance rolled in on my bank account today.

Bad news is they delayed the trial by several months, plus the judge went sick and the court had to put a replacement in charge of his duties, which delayed the court decision by two months (adding six week of grace periods alone), plus three weeks for the insurance to plea against the ruling. Within this time, the bitcoin price rose by about $40k. Fucking assholes.

In the end, it was very clear that i would win, so all in all it was a waste of 20 months of time.
Rant over.

EDIT: I was also asked to work on a big project for a big customer, which will take until end of fall, approximately. This is the reason for me posting noticeably less (also OT) in this here thread. We'll see how this turns out, maybe i can find one or two skilled co-workers to offload some work, but most people want to work 9to5 over here and that just isn't possible in these type of projects/occupations.

Thanks for the UPdate, and I am going to proclaim that you are framing the current situation in an overly pessimistic way, since the main point is that you had finally gotten paid after so much delay.

The thing is that the negative had already been playing out, so you were suffering through the negative, and finally you got paid and there were no more delays.

So then the other positive is that we are currently having a dip in the BTC price.  Sure, we are still towards the top of the BTC price range, yet we are dipping in the lower $100ks rather than going above $112k... which is our current ATH from last Thursday-ish.

Oh yeah, and 20 months is a whole fuck of a lot for a delay, which gosh might even have had gotten us into late 2023 prior to the October/November 2023 price run... but surely we cannot turn back the clock.. even though those would have had been upper $20ks and just below $30k prices in that time... which is a $80k price differences, if it would have had been possible to get the money in early October 2023.

I am not going to pray for more correction for you, even though sure there might be more correction in the cards, yet hard to how likely sub $100k prices in the near future.  Never say never.

Of course regarding lucrative work and possibilities to make more lucrative by sharing the work.. but still, there can be some value in work.. perhaps? perhaps?  especially the income part of it... and the sense of satisfaction that comes through carrying out of a project.

Good news, bad news...  Roll Eyes
Good news is that the outstanding money from my insurance rolled in on my bank account today.

Bad news is they delayed the trial by several months, plus the judge went sick and the court had to put a replacement in charge of his duties, which delayed the court decision by two months (adding six week of grace periods alone), plus three weeks for the insurance to plea against the ruling. Within this time, the bitcoin price rose by about $40k. Fucking assholes.
Let's not even talk about Inflation impact on the funds.
Congratulations on your Win. Better late than Never.

And Success on your New Project.

Inflation effect on the funds.. Another good point made from within a bitcoinlandia perspective.



Fair point.

The same is true with those shitcoins called ethereum and ripple..... no one knows how many of each of those shitcoins exist either.