Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11692. (Read 26711593 times)

Bitcoin is so much smaller than Gold (and other PMs), which means there is room to grow.

I think I've discovered the world's greatest reverse indicator.  That La Raza Mexican Bitserve and JayJuanGoyim's brains are not quite large enough to understand that since nobody on the planet actually needs bitcoins for anything, they're a pump and dump scam by default.  If every single bitcoin instantly vanished, never to be seen again (not too hard, they're already imaginary), the world would keep on trucking completely normal as usual.

O.k  fair enough if you got out of a leveraged trade at $800, but there certainly is no future in physical metals, beyond perhaps having 5% or 10% or at most 20% in such an old school hedging asset.

Don't be clumping, again as you have done before, all crypto together.  The only one that really matters is bitcoin.  This is a bitcoin thread, and there is no need for you to be making ambiguous statements about "digital shitcoins"  If you are talking about bitcoin, when you refer to "digital shitcoins" then you are wrong.... You should have at least an equal hedge in bitcoin as you do in PMs, such as gold and silver, and really it seems practical to have a whole hell of a lot more in bitcoin than you do in PMs.. perhaps 5x more.  So I would recommend some kinds of strategy to limit your PMs to no more than 5%, and to put up to 15% of your quasi-liquid investment into Bitcoin.    You don't really need to put anything into other cryptos, unless you want to play around with them, and perhaps limit that to less than 2%. 

Of course,  I understand that a lot of younger folks are going to be more risky, and they are going to be willing to put more of their investment into various cryptos, rather than traditional assets and/or PMs, and perhaps in their cases, they are going to need to consider some diversification outside of bitcoin.

I take it that you, roach, have some other assets such as property and maybe some traditional investments too.  I could not imagine that you are investing more than 20% of your quasi-liquid assets in PMs.  That would be ridiculous, and you need to at minimum go to another thread or perhaps go to a shrink (or a financial advisor).  By the way, many people have asked you so many times about why the fuck do you want to talk about PMs in a bitcoin thread?  Doesn't that come off as disingenuous since hardly any of us give a ratt's ass about your supposed PM preference(s).

Not in the UK. Coinbase is near enough the only option (Well, Coinfloor recently reintroduced Faster Payments, but that's it).

Panthera capital (the first hedgefund in blockchain):

https://www.ccn.com/why-pantera-capital-says-bitcoin-bear-market-different

Check the embedded podcast.
At around 6:00 he (Morehead) is saying that he had an investor coming in with $5mil in 2014-2015 and getting out with $200mil in 2017.
Nice!

It's still SEPA transfers or wires last time I checked though. Coinbase is Faster Payments.

I prefer a slow the slow rise than the big faling pick

Anyway it's good to see the reverse coming out after the long winter.

In my current thinking, it is NOT out of the question to have some kind of similar outrageous UP BTC price movement that goes beyond expectations. 

Surely, I am not going to bank on such an outrageous UP movement to happen, and really, I am profitable whether BTC prices go UP again or NOT.  I can also start cashing out at current prices and feel comfortable - even though I don't really need to cash out for the next 5-10 years.

Anywho, part of my point is that there is nothing really stopping a crazy ass outrageous UP BTC price movement from happening again.  Think about it.  We still only have less than 1% of the worlds population with any kind of investment in BTC.  Some people removed a decent amount of their coins from trading, so they are just hanging on to a decent percentage of their coins, even if the price goes way UP. 

Some HODLers might say, "o.k... fine.. I will sell 30% of my coins," yet in the end, I doubt that we have even $10million coins getting put up for sale, even if the BTC price goes up to $100k, and that is only a 5x from the previous ATH.

I must agree with you that even though we can spot certain kinds of similar patters with previous BTC price upsurges, we cannot really count on the next one (if it happens) taking place in the same way as any of the previous BTC price upsurges.

 Hat upgrades will continue until morale improves!

I read earlier about the TA looking scarier if you used EMA instead of MA, so I tried it.

Having tried it, it doesn't make a drop of difference to my interpretation.  We look like we are in exactly the same spot as if you use MA.  

 Hey that looks pretty good! I already made OgNasty a hat though and he wasn't interested.

https://bitcointalksearch.org/topic/m.48115347


 Why did you decide to make him a hat?  You should make one for MicG!  He started this whole hat thing by showing us his bull and bear hats.  MicG is The Dude so the hat really has to tie this room together.


  

Bitstamp is based in London, even if its banking relationships are in Slovenia

As long as the premium is under control, and it certainly will be in these catatonic times, this was my fave when I've bought - https://bittylicious.com
 

From anywhere shown here.

https://coinatmradar.com/

Zoom in on the UK bit of the map.