Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26037. (Read 26609889 times)

I think that people can link whoever they want to bitcoin, but I understand your point that it is NOT too likely that people overall are going to idolize some western leader and then link that person(s) to bitcoin... though you have to admit that some leaders are more populists than others.

Even though you and others do NOT like Che Guevarra, you cannot deny that he is a very popular symbol for a lot of people around the world.. especially poor people..... and especially people who feel disenfranchised by status quo institutions in various ways. 

It just seems a bit elitist, in my thinking, if you strive to separate yourself from fundamental values that are emanating from the people (whether the people are correct or NOT in their beliefs).  Additionally, since BTC seems to be an open architecture, it seems be equally problematic to attempt to prevent it from being defined with various popular symbols, such a Che Guevarra or maybe some other popular icons..

So stop hating on Che, Richy_T..... 

If only we could determine Bitcoins seasonality
Although if it was like last year the September and October Rally is incoming lol

The "ber" months are here. Summer sales are over and fall sales begin. Xmas ads are around the corner. Bitcoin is on sale. They may be the hottest thing this holiday season.

He's suggesting not to be too much of an optimist so that you can stand a storm psychologically. You know, the 10k by July kind that was bound to disappoint.

High expectations, high disappointment.

So you seem to be suggesting that you are employing a psychological tool to NOT invest more into BTC than you can afford to lose.. and then to NOT overly focus on whether your BTC portfolio is in the black or red.. something like that?

Actually, even though some posters in this thread and in this forum attempt to suggest that they have some kinds of skills in regard to predicting and timing the price direction of BTC.  Probably only a very few really are decent at such, and maybe many times there is considerable luck involved.

I get the sense that a large majority are like you and me, and they are really NOT very skilled in the BTC price prediction category... even though they may NOT know it, yet.

Accordingly, investors like us remain unable to really meaningfully predict the BTC price direction, and really we do NOT want to kill ourselves trying to predict such.   Hopefully, it pays off in the end.. whether that is 2015 or 2016 or as you suggest 2019/2020.  Foresight is 2020.     

Not sure, but is this a test of sorts? I'm absolutely sure I'm not the only one outperforming the market (i.e. buy & hold), and pretty sure there are a lot more successful traders than me, both in percent and absolute profits. I'm doing... okay.

Anyway, I only started trading last year, and wouldn't claim I really know what's going on, and handle other people's money. Also, a very practical consideration: in an illiquid market like this, I'm already struggling with slippage at my current volume. No idea how that could be handled if managed funds are more - guess that requires a completely different type of trading strategy, that I simply have no clue about.

How about open a small "hedge fond"? You stay with 50% of profit from beating the market (for example).

You are too funny with that carrot on your head.  You know I am NOT going to sell, unless I am fairly certain or if prices are well above what I perceive to be the trendline... So you and people like you are NOT going to trick me into selling b/c the price movement is NOT as clear as you are attempting to suggest (merely b/c you are describing it after the fact or merely b/c some people predicted it to be "going down."). 

Anyhow, I feel that I have a system that works pretty good for me at the moment, and selling at the moment does NOT seem very practical or wise.

It tells us that the manipulator is bullish long-term.

I think there were similar posts like this last year at about this time. 

Bitcoin is is like a geyser.  It doesn't seem to do much when looking at it for a while, may even let off a little steam, but then there is a jet-like eruption that occurs. 

Just wait for it. 

By the way, thanks for asking.

I am NOT really sure how much I should say because of course this is an anonymous forum, and I strive to maintain some of that privacy/anonymity for myself...

Sure there may be reasons and even circumstances in which maintaining a completely open profile would be tolerable, and there are several examples of members like that within the forum (even though it seems like the vast majority are anonymous).

I will just describe a general background of my experiences in order to give you some ideas, and hopefully that will sufficiently respond to your curiosity.

I grew up in the mid-western united states, and then went into the military after high school and was stationed in various parts of the USA and even stationed in Europe shortly (and traveled a little bit around europe).  I am in my late 40s.  I got out of the military and went to college on the west coast of usa and to grad school on the east coast.  Between college and grad school, I taught English in Korea and I had learned Spanish while in college (and used Spanish somewhat in my work after college).

After college I have worked in various kinds of professional positions mostly in the west coast usa, but some of my work had caused me to travel.. mostly in the USA.  Ever since graduating from highschool,  I have invested in various kinds of ways and engaged in various forms of business ventures.  I have had some workaholic tendencies, but I have had various hobbies as well that helped to inform my activities and contribute to my understanding of social interactions and relationships.  Probably, ever since I began attending college and thereafter,  I have tended to write quite a lot.  

In the last year or so, I have been sort of attempting to transition into a state in which I will NOT have to work too much more or at least attempt to be more location independent in my working activities and to increase my travels.. though I continue to have ongoing business obligations that are tying me down somewhat more than I wished and making a complete location independent existence more difficult to transition into.  

I am considering various ways to potentially liquidate portions of my current business obligations or at least potentially to contract out additional portions of my current business obligations in order that my business obligations do NOT cause me to have to be as involved... to work less and to play more.  There remains some uncertainties and ongoing fluctuation in my life regarding some of those transitions and the ongoing requirements that I am going to have in connection with my various business-related obligations.

My involvement in BTC came about partly b/c I want to create greater diversification of my assets and my income - away from the dollar, and also to potentially be able to use BTC in my potential upcoming travels.








 

Monday now. September now.

Screw ideology (though we could go there), he was a murdering, scummy murderer and should be denounced as such. He was murdered/executed too? Well, no one is trying to link those people to Bitcoin, are they?

  I expected a rising account to appear after reading falling's posts. I never expected a stagnating account to appear though.

Explanation

This concerted suppression and destabilization of price has made me a lot of profit. Throughout life on this green ball of dirt
I have always trusted my ability to "read" people and situations with moderate accuracy. My gut is telling me that the
occurrence over the past few weeks are not organic and is in no way the activity of a free market. BTC prices are getting
slapped around like a 2 dollar hooker. Looking at chart data and exchanges, it seems that the large concerted dumps are not very profitable...
once dumped, there is slow buying throughout the day so that a dump can be repeated in the early morning at a lower price point. These
"price engineers" need to get skullfucked...using 2 pronged attacks via fud psych attacks on posting  and manipulated dumps are flattening
confidence in bitcoin. This is how you engineer FUD:

https://firstlook.org/theintercept/document/2014/02/24/art-deception-training-new-generation-online-covert-operations/


Its was quite easy to profit because dumps have been occurring daily at regular times every morning at a certain exchange for the past few
weeks. All I do is basically wait for dumps to occur and buy at the bottom and wait for the daily highs, sell, and wait for dump to occur again.
I hate what these motherfuckers are doing to the prices...but I can appreciate the opportunity...however, I would rather have natural, organic
growth in the market and forgo short term profit. I have concluded that the price suppression is being done at a loss overall and consciously so.
Some son of a bitch wants the price low. Here's my simplistic take on GABI, large holders slowly offload into fiat expecting price
appreciation when GABI shows up. Buy back at lowest point after collapsing the price and ride the GABI price appreciation. Shit, GA may
also have a hand in causing some of the pain due to collusion with said traitors. Once "the street" comes in, expect to get bent over...a lot of
amateur traders are going to go home with gaping assholes and empty wallets.

This is my simplistic and general view of the situation...I have left many details out as I don't want to tip my hand. I will observe and see if my
suspicions will be played out. Hint: most of my suspicions were borne out and though it has left me profitable, I really hate seeing the sickening
beating of the weak that's playing out...this does not lead to bitcoin adoption. Seeing that you also registered around the same time as me on this forum,
I'm sure you have acquired a certain "feeling" or intuition about this market...they may not be the same as mine, but I'm sure you can tell that something's
rotten in the air.

Someone please create an @errrrrrratic account that keeps posting predictions that the price may go up or down or neither at any moment now.

I personally have a lot more trouble with the mid term calls than with the short term predictions. Identifying a likely developing trend, and selling or buying into it seems relatively easy for me. But the question how to take your profits, in USD or BTC, *that's* the tricky bit, imo. Park them in BTC, and you'll see your profits melt away. Park them in USD, and one swing you missed later, and you only buy 2/3 of your original coins back.

It's decided, we will stay at this price from now on, it's the new equilibrium, there's no way up nor down, we may jiggle a few %, but nothing more.