Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16624.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Torque on August 14, 2017, 08:33:44 PM

Quote from: bitserve on August 14, 2017, 08:09:05 PM

Quote from: sirazimuth on August 14, 2017, 07:59:54 PM

here ya go folks...a bunch of babbling buffoons baffled by bitcoin.... ba ha ha ha !! Grin

They keep updating their "prediction" every week AFTER THE FACTS.... I can do that too. Goldman Sucks.

Yeah, they're still a bunch of talking buffoon parrot heads sitting atop mt. stupid, but notice some MEGA changes from just a year ago:

1) They are not scoffing/laughing at bitcoin anymore! (actually now saying "Bitcoin is here to stay")

2) They are recommending normies to invest in it (albeit only 1%)

HUGE sea change.

Except for that idiot dinosaur Dennis Gartman. Not only does he not understand crypto, he's a straight up central banker ass kisser. I believe he's even done consulting work for the Federal Reserve Bank.

Yup, the change is quite obvious. Also, the price is very indicative of that change. And this time it is not a single exchange that goes full retard for a couple months (mt gox). There are tens of exchanges, way lot more infrastructure, etc etc.... So the price is as real as it can be in a high risk investment.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: bitserve on August 14, 2017, 08:09:05 PM

Quote from: sirazimuth on August 14, 2017, 07:59:54 PM

here ya go folks...a bunch of babbling buffoons baffled by bitcoin.... ba ha ha ha !! Grin

They keep updating their "prediction" every week AFTER THE FACTS.... I can do that too. Goldman Sucks.

Yeah, they're still a bunch of talking buffoon parrot heads sitting atop mt. stupid, but notice some MEGA changes from just a year ago:

1) They are not scoffing/laughing at bitcoin anymore! (actually now saying "Bitcoin is here to stay")

2) They are recommending normies to invest in it (albeit only 1%)

HUGE sea change.

Except for that idiot dinosaur Dennis Gartman. Not only does he not understand crypto, he's a straight up central banker ass kisser. I believe he's even done consulting work for the Federal Reserve Bank.

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: Heater on August 14, 2017, 08:20:04 PM

Quote from: sirazimuth on August 14, 2017, 07:59:54 PM

here ya go folks...a bunch of babbling buffoons baffled by bitcoin.... ba ha ha ha !! Grin

In the video the chick knew what she was talking about - the old dude was totally lost. She even called him out.

Newbies are not going to read that article. In the FOMO phase the video is way more influential than words n stuff.

She said to put 1% of your portfolio into Bitcoin (or I should say Crypto) so if everyone in the world (not saying they have that large of a following but...) puts 1% into Crypto-currencies, how much would that be?

Heater

sr. member

Activity: 406

Merit: 361

Quote from: sirazimuth on August 14, 2017, 07:59:54 PM

here ya go folks...a bunch of babbling buffoons baffled by bitcoin.... ba ha ha ha !! Grin

In the video the chick knew what she was talking about - the old dude was totally lost. She even called him out.

Newbies are not going to read that article. In the FOMO phase the video is way more influential than words n stuff.

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Quote from: JayJuanGee on August 14, 2017, 06:49:21 PM

Back to serious... yep.. I am having some similar dilemmas... not with the mining part but just ongoing questioning of some issues with fast price appreciation.. partly a problem of having what you wish for coming true.

Just remember what happened to the boy who got everything he wanted.

"He lived happily ever after"

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: sirazimuth on August 14, 2017, 07:59:54 PM

here ya go folks...a bunch of babbling buffoons baffled by bitcoin.... ba ha ha ha !! Grin

They keep updating their "prediction" every week AFTER THE FACTS.... I can do that too. Goldman Sucks.

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

here ya go folks...a bunch of babbling buffoons baffled by bitcoin.... ba ha ha ha !! Grin

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: JayJuanGee on August 14, 2017, 04:53:36 AM

The sell wall on Gemini at $4125 started at about 1k btc about 20 minutes ago, and it looks like it is getting eaten away slowly. I feel like making a buy, just to contribute to the cause. It is down to 448 BTC as I type, but even if I made a BIG purchase (for me), it would not make a big dent in the wall.

Edit: Hahahahaha.. Finally I may have done a good thing for everyone, including myself. I watched the wall, and it suddenly went down from 433BTC and down to 18BTC, and I made my pounce, especially since on my other screen, I could see that Stamp had about $100 premium with new ATH movement. My small contribution at the bargain price of $4125. Now, I gotta figure out when to sell because that was outside of my regular practices? Maybe sell little by little starting around $4250? or is that too conservative?

Seems like it could be the same whale on Gemini at $4325, who posted a large sum of coins for sale at $4125.. I might have come to the situation too late, but as I type there are currently a reduction from 247 coins for sale down to 147.. Maybe the whale is running out of coins? Maybe not? who knows?

Even though I made money out of the last one, I am a bit hesitant to contribute to the cause, again on this one - although if there is a stacking up of coins at that $4325 price point, and other exchanges are going into the $4390 arena, I may make another strategic purchase.. possibly... just to play my small part in this historical (or should I say hysterical?) cause.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Here we go again!

I still haven't seen a major short squeeze... maybe this time?

BTCtrader71

hero member

Activity: 784

Merit: 1001

Quote from: JayJuanGee on August 14, 2017, 06:43:38 PM

I'm about 92% bitcoin and 8% hedge (give or take 1% because sometimes it becomes a bit difficult to recalculate with the price moving around so much and also real life issues also "getting in the way"), and fuck at these 65%+ gains in two weeks on top of previous gains in recent times, even 8%, adds up to a lot of fiat sitting on the sidelines. but that is o.k... I don't really feel an urge to cash out more or to buy for that matter - however, if the price were to shoot up to $9k within about a few weeks, I might consider taking some drastic selling measures (emphasizing "might") Cheesy

I like your method of selling small amounts at set price intervals. And paying very little attention to that voice that inevitably will say: damn, I shoulda bought more here, sold some there. We all know it's going up long term but short term predictions just cannot be relied upon.

My only deviation would be if it is clearly going parabolic, then maybe sell a little more than planned. Especially if masterluc is calling the top. But even then, I wouldn't deviate much from the plan. Even the master can be wrong.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

stamp ath

Bitcoinaire

sr. member

Activity: 696

Merit: 439

$4328, neat........

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Searing on August 14, 2017, 08:15:56 AM

Quote from: Torque on August 14, 2017, 07:44:36 AM

Just did a quick calculation today.

I calculate that I'd have to work full time for 14.5 years to earn, after taxes, what I've gained with bitcoin in just 4 years.

And this shit is just getting started IMO.

my CPA on Friday (besides the wtf are you doing are you a drug dealer look) said

1) quit my job ..being taxed at 47%

or

2) do a solo 401k and dump up to 34k in that for the rest of the year

She also said

3) no way sell coin this year..capital gains on income ..she says wait till first of the year

so myself

4) wtf ...maybe I should cash out some after Jan 1st and just mine thru 2018 and slide on my investments and some BTC cashed out...I'm 2 years
from medicare (65) and the year after that I could glide and still take full soc sec at 66

decisions..

ack!

If it hits 5k I'm gonna crack like a walnut.....before Jan 1st I'd be gone...(and I could justify selling some of my 'crypto babies" as a hedge against dreaded tulips (unlikely
but I've used dumber justifications to blow $$$ on dubious projects...like in 2013 when I got the KNC 550gh Jupiter BTC ASIC Miner

ack! I hate making 'adult' and 'prudent' decisions....

First world problems, you fuck.... hahahahahahaha Cheesy

Back to serious... yep.. I am having some similar dilemmas... not with the mining part but just ongoing questioning of some issues with fast price appreciation.. partly a problem of having what you wish for coming true.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Torque on August 14, 2017, 07:53:47 AM

I'm not too proud to admit I got that wrong. Wink

Although we could top at any time. Just saying. Though it looks like we have more bull run to go.

Either way it goes, I win so I don't care. 80% in bitcoin, 20% hedged. Win win.

I'm about 92% bitcoin and 8% hedge (give or take 1% because sometimes it becomes a bit difficult to recalculate with the price moving around so much and also real life issues also "getting in the way"), and fuck at these 65%+ gains in two weeks on top of previous gains in recent times, even 8%, adds up to a lot of fiat sitting on the sidelines. but that is o.k... I don't really feel an urge to cash out more or to buy for that matter - however, if the price were to shoot up to $9k within about a few weeks, I might consider taking some drastic selling measures (emphasizing "might") Cheesy

spiderbrain

legendary

Activity: 889

Merit: 1013

Quote from: ?? on ??

the mods here have been deleting all my posts?? , damn the censorship is real,enjoy your segwitcoin...

https://www.youtube.com/watch?v=41qC3w3UUkU

Then post somewhere else and link it here, it's a big internet. I am holding both forks.

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

Quote from: BitcoinNewsMagazine on August 14, 2017, 05:14:06 PM

Nicola Duke thinks that if the $4400 level is taken out next stop is $7000. I agree. If you take a look at bitcoin's previous ATH it was halfway between a 4.236 and 6.854 Fibonacci extension of the ATH that preceded it. If you look at the Fibonacci extensions in play now $4400 is important resistance and if taken out $7000 is certainly possible. I have never seen a 6.854 extension in bitcoin take note though. masterluc has mentioned even higher targets that you can see in this Fibonacci extension chart:

These higher targets are low probability though. There is a distinct possibility that the current bitcoin rally can run out of steam between $4400 and $7000 and we would then enter a multi-year bear market. You really want to be mostly out of bitcoin before the next bear market which will be painful. Start taking some profits now. However, there is also a rule to live by: never sell all your bitcoin.

Post of the month

spiderbrain

legendary

Activity: 889

Merit: 1013

Quote from: chesthing on August 14, 2017, 05:11:35 PM

Most of us are regretting, life is too short and money isn't life so knock that shit off.

Word.

Ludwig Von

sr. member

Activity: 854

Merit: 307

I really don 't think we should be happy with the sdden intrest by the Wall Street banksters and other gangsters. Look at their history, they ruin everything they touch. (With a little help from their friends at FED, ECB, BOJ ett.). The only positive : the greedy Chinese miners will be ripped, stripped and left nude in the middle of the market place also.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

well all right then, $4433 here we come!

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: infofront on August 14, 2017, 01:08:54 PM

The activity in this thread always increases during bull runs. This includes an increase in trolling, shilling for altcoins, and shitposting in general.

While I promised a relatively hands-off moderation policy, I'm still responsible for keeping the thread relatively on topic, and for general moderation.

With all that said, I've been removing personal attack posts, altcoin shilling posts, and obvious trolling/thread derailment attempts. This includes posts that are only meant to promote BCH, an altcoin, or to trash bitcoin.

There is always a large grey area in these matters. As always, you can message me about my moderation, or lack thereof, and you'll receive an honest reply.

Great job ... place is as good as it has been in a looooooooong time.

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