Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3360. (Read 26714984 times)

I doubt that either of those are true.  But you have rights to conclude whatever you like.  You seem to enjoy latching onto anything and making issues out of whatever you can.


You believe that I am suppose to worship him?

I have no problem with Snowden.. except some of his stances on bitcoin. .. he has shown some evidence of being a shitcoiner like you... actually maybe you and Snowden are the same peep?


Your conclusion or analogy seems to be an ill fit.  I stand by my assertion above.. why not?  nothing wrong with it, even if you don't like it..


So far the bottom is $17,593, which happened a little more than 2.5 days prior to this here post .. And the 200-week moving average is currently $22.371 and it appears to be moving up at a pace of nearly $30 per day.


Those appear to be snippits of my opinions about your various responses.. You are focusing on what, exactly?


But I am not having any issues.  This is my usual way.. more or less.  I am not treating you any different from anyone else.. just responding to things you have said... or at least trying to.


That was kind of my interpretation of what you were saying.  Hey I don't claim to understand everything you say..  I do my best given my own time constraints.. I sometimes have other things that I have to do.. I mean I was talking on the phone for about 3 hours yesterday, and then it kind of messed up my schedule because it should have ONLY been a 30 minute conversation at most... those things happen.. and then I also had an issue with a leak in my sink that had been installed about two years ago.. seems that the plumber had not put the pipes on properly.. so I had to fix it, but ONLY after I had been confused about all the water that seemed to have had been leaking for several days without my having had noticed it....just giving examples of some time constraints that sometimes arise.

I am pretty sure I decided to give that example of my own personal leverage after I had discussed the 200-week moving average as a bottom and that was in the context of responding to the issues brought up by Saylor.

I had actually written up all of the first part, and then after I had already submitted it.. I realized that I should have put something about my own use of leverage too... so that ended up being broken into two posts rather than one.. maybe a bit too confusing.. but some passing ideas that I had that I thought worthy of mentioning given some of the considerable BTC price dynamics and my assessing and reassessing.. and then after coming to some of those conclusions, I though that it was worth outlining some of those ideas.. it was also a theme that I had kind of struggled with when I had met up with those nocoiners.. so there was some repetition in terms of my thinking too.. 


How am I supposed to know?  That appeared to be the point that you were making in regards to even seemingly low leverage set-ups running risks of leverage.


I don't really think like that.  You seem to have a tendency to want to make more out of something than it is.. You want to take things personal, even when they are not intended that way.


I don't read the situation that way.


You are disappointed through your own making.  I am not having any issues, currently.  No hate or vengeance or even ill feelings towards anyone.. Sure the BTC price has corrected way more than expected, but it is getting close to being back to the 200-week moving average which seems to be a good thing... Of course there are no guarantees.. but I have my orders set and prepared for either up or down.  There was about 24 hours about 2-3 days ago that I ended up removing some of my orders. and then I had placed some too close together and then I readjusted.. so I suppose there was some frustration in resetting orders more times than I would have preferred. .. but that would have been 2-3 days ago.. got that all fixed up and in order now.

By the way, I am not sure if I would call myself a sophisticated investor, but maybe that is just a relative term anyhow.. I do have systems in place, but I am not trying to really make price predictions.. but sometimes if it is getting close to points in which my money is running out, then I will sometimes have to rethink some of my orders in both directions... and yeah, there are some other techniques that I have developed over time.. .. but sophisticated?  I am not sure.  attempts at basic techniques and strategies and refining along the way.. if possible.


Yes,,, I already mentioned that..


I am not sure if smashed is the right word, because I frequently try to prepare for extremes.  It seems that I already mentioned that I had been more prepared for more extremes this time as compared with previous times.. but yeah.. whatever, you can characterize the defeat of others however you like if it makes you feel MOAR better.. .. and surely there are a lot of variations in how portfolios performed in these kinds of highly volatile days.. and one of the theories is to just live.. live to fight another day.  Some of those funds dealing with high leverage did not live because instead of losing 70% of the value of their holdings or something like that, some of them likely ended up losing 3x 10x or some other outrageous numbers, and sometimes they were using the money of others, too... one of the benefits of mostly just using ones own money.


I think that I have been treating you fairly.  You seem to be very provoking, so you might want to consider if you might contribute to some of the reactions that you receive, in terms of if you are taking extreme positions and also wanting to spin matters or to move goal posts and a variety of tactics that I have seen you using to not even necessarily stick to some topic that you had raised... so I doubt that anyone, including yours truly is being mean to you in any way more than you seem to deserve, and if you are trying to proclaim that you deserve more leniency than others because of some sympathy that you deserve, then I am not sure how those kinds of conclusions would be supported because many of us have a variety of dire and pathetic circumstances that we might not necessarily mention, but does not necessarily mean that we might not have some tough circumstances, also.. including that no one knows if you are a dog (or cat in your case) on the internet.   



Did someone die and put you in charge?

Hey?

Hey?

Hey?

I beg to differ, losing the stash due to margin gambling is a whole new level of mindrusting compared to selling the bottom and exiting the market without loss (IIRC mindrust even made a small gain or at least no loss). Maybe the term mindrust²ing would be appropriate for leveraged gambling?

Though in my opinion, they both deserve great credit for speaking so candidly about it and letting people learn from their mistakes, many of us probably fucked up badly at one point or another and (at least w/r to me it's the case) stayed silent so to not look dumb. We don't know how many diamond hands mindrusts story created, but I bet there are quite a few pairs of them. At least mine got definitely harder from it. And that's good me thinks.

 

I'd say one "more or less" was one "more or less" too much, more or less 

And I think that all of us can more or less agree that you are the mindrust for this season.

I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities.  (To put the matter “diplomatically”.)

Hmmm... 

Petition to get JJG and death_wish to discuss and sort their stuff in their DMs.

+1 merit to agree, +10 merit to disagree.

Starts now.

Nevermind, found it 15:30 - 22:00 Swedish time.

It seems that my response to Majormax was somewhat meant to be within a context of previous interactions that I had with my accusations of Majormax's prior bearish tendencies. .and maybe even an implication that he continues with similar kinds of bearish tendencies..


I did not consider myself picking any fight with you.


Poor judgement because why?

I am not in any kind of a competition, am I?

Explanation

You sound a wee bit bitter.


You have a tendency to take matters personally.

Largely I am referring to the concepts of how to invest, and when to invest and if you are just throwing out information to say that you have an amount of BTC such as 0.05 and asking me if you are over invested based on some of your other purported circumstances including that you are otherwise starving and other bullshit like that, then I have to outline various aspects of the starting parameter considerations.., then I have to cover the various principles in how we get to those kinds of considerations of what might be over invested and what might not.

Including that I already said that if you (or anyone else) do not have their shit together then I do not recommend investing into anything at all. If you tell me that  you have 0.05 BTC asking whether you are overinvested.. those are questions that deserve going over some basics, and we are i a public thread... so I responded to your comment in a way that are meant to be generally applicable to whatever lame information you give me and perhaps some extrapolation of some other matters that need to be considered.. you can take those ideas about how you get from one point to another and deciding what might be over invested for what they are worth.

If you do not want an answer that addresses your question, then why are you asking it.. why are you trying to trap me into an answer for some kind of conclusion that you should be able to make on your own?  And then you whine about my answer being too meanie.

 You seem to be asking for it, and then when you get it, you whine and say that I am patronizing you., but that is not the case, I am talking about basic principles that should apply to everyone who is considering any kinds of investments from my perspective.. and then surely some considerations might be specifically to BTC as well.  ..but if several times you are asking me what I consider to be overinvested or not..then you seem to be poking me wih a stick, no?
You provide some details and then you tell me that I failed/refused to account for some of the details that you did not provide.

Do you believe that you might be asking to receive comprehensive and potentially patronizing.. because what I am saying is that before you even  can arrive at  the more sophisticated conclusions about if you are potentially overly invested or not, you have to answer the more basic questions first.   Did you do all those basic things first.. including but not limited to getting your shit together first?

Also, did you figure out your emotional level first before asking me the questions.. because if you do not know that you are going to whine if I give various answers (basics) and patronizing approach that you do not like, then maybe you should not be asking me those kinds of questions that I believe to require basic considerations in order to address them, no?  You fuck.[edited out hahahaha]


I am not implying anything in my suggestion to start out with basics.  From my perspective, there is no way to get to the conclusion about whether over invested or not, unless figuring out the basics, first.


You asked me if I though that you were over invested or not... several times.


Yes.. and the parameters upon which I consider what constitutes over invested or not and how to consider whether to get there or not seem to be different from yours.


Yes.. some members proclaim that they are 100% in bitcoin or some other nonsense like that.  Sometimes we are framing the issue differently.,. but yes there are needs to consider the various individual circumstances that I had already outlined.. cashflow and expenses are a pretty major ones but of course they are not exclusive considerations, either...


That has been about the past 18 months that I started recommending that. range. as a starting consideration to get the fuck off of zero.. it is a good start.. of course a whimpy person might choose towards the lower end, such as 1% and a more passionately bullish person might choose 25%.. of course there is some devils in the details in regards to various personal circumstances that might exist and upon studying the bitcoin matter, they might well choose to go outside of the initial recommended range they can go outside of that range. .it is just a starting consideration..

Between about late 2014 and mid-2020 - I had been recommending 1% to 10% as a starting range.. really to get the fuck off zero.. its a start, and individuals are totally responsible for their choices.. I just give my thoughts about staring investment parameters, and the increase reflects my thoughts that the investment case for bitcoin is quite a bit stronger now as compared with 2014.. and also as compared with happenings that many of us became more cognizant about after March 2020.


I already gave you my parameters.. figure it out.. I am getting less receptive to hear you whining about my giving you basics.



I am not presuming anything .. just trying to go based on some of the information that you had already given to me or otherwise  just making some of the ideas generally applicable.. especially if there happen to be quite a few gaps.  You should be thankful that I spent quite a bit of time to describe various parameters to help you to help yourself to figure out how I consider the idea of overinvested or not.


I doubt that I have enough information to conclude exactly.. but I was still able to provide some basics in order to help you (and or others) to consider the concept of overinvested from my perspective.. especially if you had been asking me about what I considered to be overinvested.

It's starting to become clear that you really were not asking me about my perspective about what is over invested. Instead you just wanted to talk about how much you supposedly love bitcoin blah blah blah.. but I doubt that matters very much in terms of my own assessments regarding when to invest, how to invest.. or how much to invest or other considerations so yeah. we may well see some of these kinds of matters differently, and maybe some other members might have gotten some value out of aspects of my response and considerations regarding how to arrive at conclusions about being over invested or not.


Yes.. agreement on the idea of non-recommendation of gambling.  Easy-peasy.


We are talking about current situation..anyhow .. I made my point already.


Just saying King daddy may or may not wait for you.  I said what I wanted to say on this point.


We are still in June 2022 last I checked.


Yes... .I choose my words.


No I am not.


I doubt it.. I give less than two shits about POS.. I am talking about getting a fucking stake in bitcoin.. that is your choice if you believe that 0.05 BTC is enough... and really I give less than two shits about you specifically. .I am speaking to a general idea and a general idea for peeps to get a stake in BTC, and stop waiting around.. it is a general and ongoing theme that relates to getting off zero.. get started and all of that stuff related to how to accumulate BTC how to establish your investment budget... You can read it as personal all that you like, but I am talking generally about the need to get a stake in bitcoin and get started and all of those things about building up an accumulation target level and working towards fuck you status and all of those kind of personal goals, and if you do not want to get to fuck you status and you have other goals then that is your choice to have other goals.



Sounds like we are talking past each other because II have been making similarkind os points since my membership here began. .and  just refined some of the ways of talking about the points or the framing over the years.


You know as well as I do . bitcoin is for friends and enemies and there are all kinds of accumulation levels and allocations that people make and a lot of ways to deal with volatility too.  Their views about bitcoin as compared with other possible investments is only one part of the personal considerations that people should be accounting for.


What are we arguing about?  I did not know that we were arguing .  You think that I should not use the term stake because it sounds like proof of stake, and I said that it does not.. so I am going to continue to use the word stake because i consider it to be a good word to use to make my point when I have that kind of a point.  You think that i am picking on you because I have not expressed sufficient amount of empathy regarding your status, and I think that i am being nice enough because I was responding to your question about considerations about if you are over invested or not.. even though you really were not asking me about what I thought about your overinvested status because instead you wanted to describe how dedicated to bitcoin you are and have been and things like that.


I don't give investment advise.. do whatever the fuck you want.

and dishonest is a strong claim in regards to whatever I was trying to do to help you and to respond to your seemingly disingenuine question in which you really did not want to know what I consider to be over invested..


It is not part of this topic, and it is frequently brought up in this thread since I stared in this forum in early 2014.. more or less a shitcoin with various shills coming into this thread pumping that shit.


Sounded like you were talking about gold to me.  but whatever.


You are really getting desperate.. for some reason.  Hard to treat you seriously when you ask such questions.


You have a right to believe whatever you like.


There are always reasons.. it is not always easy to know while in the middle of matters.


Did I say that?


I remember a variety of scenarios.. but your shifting all over the place makes it difficult to figure out what the topic is.. if any.


You can argue that if you like.  I already said that I do not know when the bottom might be in.. it is way too early to tell.. about a month ago, I said that getting back above the 100-week moving average might be helpful to have confidence .. but we have had further down since then.  I will likely need to reconsider my considerations about when I believe that the bottom might be in, but there are a few resistance points on the way up and a variety of macro factors that may or may not affect BTC prices..  I do not make claims that go much beyond 50/50.. especially when it comes to short-term moves and I even make fewer claims about anything when we are in the midst of quite a bit of volatility. which we have been below the 200-week moving average for a week so far..

You can discount the various lines all that you like. but I am using those as reference points for the moment..   I am not going to start just making up new parameters just for the sake of it. ;and if I already have some frameworks in my head, I m not necessarily going to abandon them or to take on some other frameworks if I do not necessarily consider them to be very good comparison points. Having some bearings tends to be better for my own preparations or any changes that I might make to whatever I am doing.. if I make any changes.  I have made around 7 or 8 changes to my various BTC order parameters since around May 9th.. and some of that has to do with my own available cash. and various comfort levels and even the BTC price sooting beyond expectations in several ways.  I made a couple of mistakes too.. and then some of the changes would have been redundant to make up for some mistakes in my changes that I had made earlier... nothing really big but again trying to have some preparations for a variety of scenarios.. and then changing my mind about how I would rather deal with the possible variety of scenarios.


no


Your ideas are not only dumb.. but frequently they are emotional too... .. Yeah. sometimes I say dumb things too.. Once in a while.. Maybe three times in total?

Whwn does nasdaq (US) open?

Shiphol?

Explanation

When you persistently attack and ridicule me for saying positive things about Bitcoin, it shows that you are not discussing these matters in good faith.  Either that, or you are against Bitcoin, and therefore against speaking positively of Bitcoin.

(Moreover, for those of us who come to Bitcoin from a cypherpunks perspective, Snowden is a hero.  Too many people do not appreciate what he did—what he risked and sacrificed to try to help free us from odious mass-surveillance.  Some of us do.  Whether one agrees or disagrees with him on various issues—I not infrequently disagree with him on some issues—the man deserves our respect.)


You are showing the opposite syndrome of the nocoiner who says that he will buy at $20k, then at $20k decides to wait for $10k.

By definition, a bottom needs to be at least some sort of an approximate predictor of—well, the bottom.  I think it’s reasonable to exclude very brief crashes as outliers—such as the deepest crash in the March 2020 Covid panic, which was extremely brief with a quick bounce up to just under 200 WMA.  I think it’s reasonable to allow some little wiggle-room below, for a brief time—such as a few days in March 2020, among other examples.

Even assuming that the bottom is already in (maybe/maybe not), it is either delusional or dishonest to claim that $22.3k (200 WMA as of 12 June, just before the crash) was anywhere near the bottom for June of 2022.


Well, now you are completely off your rocker:  Wildly accusing me of “fantasies” that are nowhere even near close to my mind, and are not shown in the text that you quoted—nor in anything else that I have said—say what, now I’m suddenly fantasizing that you will get liquidated?  All these, rather, are your fantasies.  You are simply projecting.  It is a bit embarrassing that you are suddenly falling apart this way, when I’m the one who just got my assets nearly wiped.

It is particularly egregious for you to accuse me of fantasizing that you will get liquidated.  Obscene.  After I have been on an extended campaign to warn newbies that leverage is dangerous, you made a long post about your own use of leverage—arguing with nobody, for no apparent reason, that leverage works great for you.  (Doth protest too much?)  I curtly acknowledged that you are a sophisticated investor, then wrote out a list of warnings for any others who believe they are “sophisticated”.  Now, I am fantasizing that you will get liquidated?  You are nuts—and it shows much about your character.

If our positions were reversed, it seems that you would be fantasizing that I will get liquidated.  There is no other possible reason for you to believe that I would think that way—but that you tend to think that way.  That’s sick, and there is no call to project that onto me.

I am disappointed.  I had believed that you had wiser judgment, and a more even keel in troubled waters.  Although I allow that you may be generally upset as we all are lately, and all the moreso because so many of your earlier predictions were smashed by events that none of us foresaw, it is no excuse for you to go off on me this way.

Changi Airport Terminal 1

Explanation

You will note, Jay, that I did not send merit to Majormax’s post.  “Merited by El duderino_ (10), vapourminer (1), Hueristic (1), suchmoon (1)”.  None of these people sent merit to my post, which was strongly positive towards Bitcoin—only to his, which was negative towards Bitcoin.  Not that I care:  You brought it up, and it seems noteworthy in the context.

Instead, I wrote to Majormax a thoughtful reply in which I repudiated the concept of “HODL as an act of pure faith”.  I thought he misinterpreted my post—as you certainly misinterpreted it, Jay.  I was not hostile to Majormax; why should I be?  He replied to me; I replied to him; that’s public discourse:


At that point, I briefly described three reasons that Bitcoin has fundamental value.  I noted that this was only a summary, and the list could be continued.

Others tend to appreciate my descriptions of Bitcoin’s value.

Reviewing recent posts on this thread, insofar as I can see, Jay, it looks to me that you are now picking a fight with me because (a) I value gold, and I compare Bitcoin favourably to gold; (b) I don’t buy TA, never really did, and now honestly declare broken lines broken instead of retreating to a Reality Distortion Field; (c) Majormax sent me a merit.

That shows some poor judgment on your part, as well as a flawed ability to analyze these issues.

Dude on the move….

Where this is?

First one first boosted….