Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14729. (Read 26609287 times)

legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
@+- 1 hour i’m gonna be diving into the sea .... BTC my friend do not  “ I SAY DO NOT” follow me , go the other direction thanks and all be checking you in a few hours Wink
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
going to have to eat a beloved chicken soon

fiat exhausted

please...capitulation...?

uncle
legendary
Activity: 3892
Merit: 4331
Use your heads guys.
The same people that bought at any price to send it through the roof are now dumping continually to get the price down to nothing.
I'll give you a clue who they are. They own all the world's banks and print money for fun.
They saw bitcoin as a threat....they are taking it out as you watch.

I call BS.

If they do it, then their precious stock and bond markets collapse, so they would end up losing (as a group) many fiat trillions.
Would they do it anyway? I have no idea, maybe they are stupid as a whole. They were in 2000, when they tried to prickle the biotech "bubble" and collapsed the techs, then Nasdaq and then the whole stock market.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"



Nonsense.

You are perverting a good meme with bad ideas.   

nope! if the weak hands are empty the price will rise. don't be a weak hand!


Fair enough.  I suppose that I had a more favored use of that particular meme... but upon reading your explanation, your use of the meme works, too.. so my word choice of "perverted" may have been too much.. I suppose I have been reading too many "me too" news stories, recently.

I am in agreement that HODL and BUYDL positions seem to be decent ones within our current price range..... gosh we are still floating around 60% retracement from $19,666 down to $8k-ish.... buy on the way down, good advice, but if you run out of money because you already bought, then likely the next best practice would be to HODL.  Yeah, they want your coins.. they want your coins, but really bitcoin does not seem to be overpriced in this price range.. especially, if you consider a longer term investment and including continuing to buy if the price were to go lower (that is if you have any money for such).
legendary
Activity: 3892
Merit: 4331
So for the first time, tax planning needs to be taken into consideration in my trading strategy.  It makes things much more complicated but it is a nice problem to have.

How about this plan, consisting of two stages:

Stage 1: Accumulation (buy for fiat, buy through alt appreciation, mining, earning, etc.)
Stage 2: Distribution. Allocate a % you want to potentially spend vs how much you want to leave to descendants. Maybe 50:50 or 70:30, whatever. Then divide your stash (that you want to consume) into equal yearly buckets considering maximum life expectancy.
Enjoy life, travel, whatever. Maybe start the distribution phase at retirement of few years beforehand, say, 60. this way you would enjoy the potential spoils a bit longer or while in relatively better health situation.

Example: you have N btc, then 0.5N (or 0.7N) is what you want to spend.
If you start at 60, maximum lifespan is probably 30 years, give or take, therefore, starting at 61st birthday, and each year afterwards spend/cash out 0.017 of your stash (1.7%). This number would go to 3.4%/year if you don't want to leave 50% to descendants.
legendary
Activity: 879
Merit: 1001
Use your heads guys.
The same people that bought at any price to send it through the roof are now dumping continually to get the price down to nothing.
I'll give you a clue who they are. They own all the world's banks and print money for fun.
They saw bitcoin as a threat....they are taking it out as you watch.
hero member
Activity: 882
Merit: 1003
The same reason it was .0025 cents 9 years ago.

No one know the value
member
Activity: 368
Merit: 31
How are we still heading down? This is ridicolous

Why did the price reach 20k in the first place?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Ask side is thin so we are back above 9000 in no time if just a few start to buy.

I’m a HODLER but if I was a whale millionaire i’d be buying in bulk at this price, it’s guarsnteed profit
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Why all filthy rich guys are selling hundreds and thousands of BTC at that price? What are they thinking - the end of the world? Or early retirement? What if by the end of the year BTC hits 50K or even 100K $ and they realize how richer they could have been if only waited for several more months? But no, why have 100 mln in several months, while I can have 2-3 mln and retire now. Pathetic

The only reasonable way to do that is to have several million now, and 100 million in several months, as well. 

XD

explorer gets it... ivomm seems lost. or maybe just bitter. Pathetic.
legendary
Activity: 2050
Merit: 1184
Never selling
big buy wall on finex at 7800. 2000 coins
legendary
Activity: 2338
Merit: 1035
How are we still heading down? This is ridicolous
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
So for the first time, tax planning needs to be taken into consideration in my trading strategy.  It makes things much more complicated but it is a nice problem to have.
legendary
Activity: 3892
Merit: 4331
It is much easier for wall street to have a big score in stocks, bonds than in bitcoin.
if there was some money to be made by shorting, then 67% of maximum gains for shorts are already made.

From my perspective, bitcoin is an unencumbered asset (it has no debt or any other liability).
I simply consider it as a perpetual call option on the network. If you bought higher, then you are out of the money (currently), but since holding period is unlimited, what's the worry?

Just don't use cash that you would need in the foreseeable future to buy btc and you are, potentially, golden (at some point).
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Ask side is thin so we are back above 9000 in no time if just a few start to buy.

Unfortunately, the amount of support and resistance on the books seem to be a reverse indicator. I am keeping my fingers crossed that we do see 9000 soon though.
Same in here No needs to see any lower anymore..... everybody Just fuel the Rockets and start Going
legendary
Activity: 1806
Merit: 1828
Ask side is thin so we are back above 9000 in no time if just a few start to buy.

Unfortunately, the amount of support and resistance on the books seem to be a reverse indicator. I am keeping my fingers crossed that we do see 9000 soon though.
hero member
Activity: 658
Merit: 503
Bear with me
Ask side is thin so we are back above 9000 in no time if just a few start to buy.
member
Activity: 96
Merit: 14
Weird how $1000 sounds aweful and awesome at the same time.
sr. member
Activity: 1400
Merit: 347
Wall St. arrived in bitcoin December 13th 2017 ... price has dropped ever since.


It was before that, they entered October 30th 2017, when futures got announced. They pumped the price, seduced the sheeple, and now we are going to $2500, if not to $1000...

These people are evil... they're gonna do to bitcoin what they did to gold and silver before. And the sheeple are going to fall for their tricks, as always.

legendary
Activity: 1652
Merit: 4393
Be a bank
@CryptoMink
The SEC & CFTC (two major financial regulatory authorities) are set to testify on cryptocurrencies during a U.S. Senate hearing on Tuesday, Feb 6. I bet most (if not all) institutional investors have pulled out of crypto markets ahead of this hearing for risk management purposes.
7:04 PM - 4 Feb 2018

-Is this a possibility?
Jump to: