Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13654. (Read 26715075 times)

Well, for his desire to come true, there would need to be an economic cataclysm that the wealthy usurer's income did not transfer through to the other side.  This means that gold, silver, and every other non-perishable commodity would all need to become worthless, plus things like the fake commodity bitcoin.  In other words, you would need to enter a real dark ages where only a man's labor that he uses for barter and that of perishable goods like food had value and nothing else.

The only other possibility is a Pinochet-type ruler who just seizes all of the Jewish money changer and people like Bezos' money then hangs them.  This option is likely inevitable on a long enough timeline of income inequality.  Well, both options are inevitable when the system becomes lopsided and unable to function any longer when less than 1% owns everything.  It's only a question of if the system breaks down first or if a Pinochet attempts to manually fix it.

Even Bitcoinwisdom.io calls it Bcash 

No, actually his ramblings are not "enlightening" at all, but are still poorly worded garbage when you consider that what he wrote can literally be applied to every single investment vehicle on the planet. Bitcoin (or crypto) is no exception.

Vinny is an idiot.

The wealthy elite will always have the luxury of being the strongest hands with any investment vehicle, because they are already rich and don't need the money they invest (so no need to liquidate during down turns).

Trump once again acts as Jewish puppet trying to false flag attack in Syria:

https://www.silverdoctors.com/headlines/world-news/false-flag-alert-u-s-with-trumps-authorization-just-started-funding-the-white-helmets-in-syria-again/

"MAGA" = ending the fed, breaking up the banks and media, and returning to constitutional money (silver and gold), not acting as a Jewish puppet.  Until there's any mention of doing these things like Ron Paul would have done, this is all a scam.  The only reason they're being tough on Mexican immigration and China is because both of those countries are exporting deflation to the US, and the debt based banking system collapses without permanent inflation.  The fight against Mexico and China itself is even a scam and is just a proxy war to save the banks.

Based on that chart, looks like more DOWN is on the way?   

How the hell do I not see these posts?? ... I think I have an internal 'ignore' mechanism that skips over shills with very few posts & merits. But anyway... that is some good stuff just right there!!!

That is a BIG ass bottom, too!!!      I am shocked!!!!   

I am in a similar boat to you, at least in terms of attempting to reduce my exchange exposure, but I believe that I was never trading in such extreme amounts because I could never bear to sell very much of my BTC stash at any one given time.  I believe that I went from about a bit over 60% of the value of my BTC investment on various exchanges to about 20-25% of the value of my BTC investment on exchanges. I figured that I could take  some of the BTC value off of exchanges while at the same time having enough BTC on the exchanges that allow me to continue to sell up to a certain amount of BTC if the BTC price goes shooting up.  Subsequently, I decided that it was not worth my risk to put larger amounts of BTC on exchanges, "in the event that there was some kind of LARGE justification for me to sell a large portion of my BTC quickly).  I will admit that around the time of the BCash hardfork, and some of the other uncertainties then in play about how the segwit adoption was going to get implemented, I did allocate a bit of a higher portion of BTC on exchanges because I concluded that some of the pulling of money off exchanges and the possible blockage of deposits and withdrawals for a certain period of time would possibly cause some additional lack of liquidity profitability by having some additional BTC on exchanges.


It seems that I am trading less than 10% of my stash, too, but I keep some extra BTC on exchanges that allow me to sell (currently up to $35k) without having to make additional deposits. I am not keeping extra BTC value on exchanges for other currently unknown events, and funny thing that if the total value of BTC goes shooting up, then you end up needing less BTC on exchanges, so it seems to have been largely playing out that way for me... and I discovered that I can still get some of the protections from the BTC volatility downside while selling smaller portions of my total holdings...  (maybe the whole situation just rises to the level of NOT wanting to generate too many dollars that I would not know what to do with besides putting back into BTC and my being willing to ride out more of the downside volatility without feeling any kind of need to make great increases to my BTC holdings by selling large amounts of BTC on the way up.  In other words, I have found selling relatively smaller amount of BTC to be adequately satisfying.. without any need to get too greedy).


I have concluded, for myself, that it is not necessary to become maniacally focused on the amount of profits that I make with each downward volatility as long as I continue to moderately follow a reasonable system that focuses on attempting to stack BTC and insuring myself (somewhat) from extreme possible downward price movements, yet for me the projections of future BTC holdings seem to be working out in a way that I am continuing to add to the stack (and the future projected stack at various price projection points.. It may be unrealistic to consider that the overall holdings will continue to increase or even increase in some kind of 30% to 40% range.. especially if the BTC price doubles or triples or does a 10x or more.  

So, yeah, if the goal is to stack BTC then a direct outcome of that kind of goal would be that the overall value of the holdings of both BTC and dollars is going to go down way more in the short term - and especially, like you said when there is something like a 65% BTC price drop (or perhaps more could come)


A large majority of us BTC bulls have decent chances of doing quite well with an overall BTC stacking practice, even if there are various points in the short term that we could calculate various ways that we could have made more money or better preserved our overall BTC portfolio value.

Also, if we are not leveraging and only investing what we can afford to lose, then we should not be becoming too emotional about the situation because all of our living expenses are covered, and then the main issue would only be that we are wishing to be more rich, rather than already being rich because we are mostly already living within our means and our bitcoin investment is not distracting us from living within our means.

Relatively speaking.
It's shit for the have-nots of course.

For the have-a-little-and-want-more it could be good or bad according to whether one is able to use it at their advantage (id est: successfully throwing earl liquidity in the rat race).
The biggest critique to full reserve systems resides in the fact that where the lender is not intrinsecally motivated to assume the risk, there is less space for businesses to fluorish without that initial money-debt boost.

The price for that is very high of course.

There is a thread out "there" already...but what ever. This is worth posting here imo.

Tom Lee of FundStrat is saying there is a reason for the cyclic sell-offs we have been seeing..seems legit. For all you daytarders it might behoove you to sync up somewhat to what is going on over there at the CBOE..  ymmv.

https://cointelegraph.com/news/fundstrat-s-thomas-lee-weakness-in-bitcoin-is-caused-by-futures-expiration


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Forgot a 1h chart.
Hold through this and we might see some green cloud action soon.

Yeah, I know we don't have reasons to complain for the most part... yet at the same time it hurts... and I don't think there's nothing wrong in acknowledging both.

And... who knows, the $100K party is currently still less than x20 away.... We have seen the badger do way crazier things in very little time, so... who knows!

Thinking about it... The $100K party would be the *most justified* "excuse" for a celebration party EVER!

It should be obvious, but this fact seems to have escaped your attention: the fact that fiat is backed by proof of war does not lead to a conclusion that it is not shit.

Or, there will be a reckoning. Brought on by a r3kt-oning.

 Very poorly worded.  It actually doesnt make sense as written.
Which luxury is he lacking?  Has he been living a hand-to-mouth existence?  He's a fucking millionaire.

Edit:  im a fucking idiot.  I'll blame it on the night shifts...
It's perfectly written in plain english.

Bitcoin...1 year later.

4h


D
Rising volume is what I am noticing, a good sign. Still shying away from testing the 9 day conversion line(tenkan-sen). Looks to me like bears are going to make another push downward over the weekend. #stronghands

(quotes freely snipped for relevance)

We're soul brothers in a way - but swings and opportunities aren't over yet. New profits can and will come, and the one thing I learned about trading is: The only way to really learn a lesson is pay for it. You paid handsomely, but you're still in the green. Your glass is half full, see? And it's Don Simon Premium, not the usual stuff!

I also paid my lessons through the nose. Still in the green, though, using my new knowledge from old mistakes to make some corn on the side, and still learning useful tidbits at a much more reasonable price. See you at the 100k party sooner than we both think?

It's like the one on the right but with crap dangling off of it. There is a large community of full node operators, that community looks like that picture on the right, if others decide to tack their own structures onto it that doesn't change the fact that the underlying one is still there.

Here goes the last merit in my quota for legendaries or quasi-legendaries (>1k guys).

I was hoping to give it to Last of the V8's, but he didn't take my invitation. About time for me to tribute infofront's status as a top bottom poster.

As an aside for gentlemen only - If I had that kind of panorama readily available, I wouldn't mind the current search for any other bottoms.

EDIT - sh** I f*** up, not 2! I never gave more than 1 merit to any single post. I tricked myself into clicking that button with both... uh, hands.

My guess is 'no'. I'm probably the most persistent Bitcoin* believer / SegWit skeptic still participating in this thread, and I ain't getting paid. (Most others of my opinions seem to have left for more hospitable climes). And while I may have a limited perspective on the matter, I think this thread is one of the most important centers of mindshare in Bitcoindom. You'd think that if there were expenditures on shillery, this thread would be one of the major targets.

*whether BTC or BCH

Incidentally, the Bitcoin network topology is nothing like the diagram on the right.

Leveraging is a power tool that shouldn't be used lightheartedly. An understanding of the underlying arithmetic helps. On Bitmex in particular, shorts that are leveraged under 1 can't be liquidated at any price and only become a loss if/when the position is closed.


Well, kind of, yes. For example, if you make 4 repeated trades that burn each of their 100% approximately 4x times faster. Other side of the coin: for example, if you are using a leveraged position as a hedge, so you can hedge 4x times as much for the same "cost" (margin), admittedly on a smaller range. Not necessarily 4x smaller, though. The arithmetic details can get tricky.