Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5379. (Read 26634262 times)

Explanation

we are around the time of the weekend dumps. Looks like we're priming for one.

some of you WO dudes are so quiet since some time. did you give rehab a chance?

Addicted to Bitcoin: The Cryptocurrency Rehab Center


EDIT: found mindrust's shitcoin portfolio. interesting.

https://www.cryptocompare.com/portfolio-public/?id=432797


EDIT2: man, I was right. 

I finished buying corn the price can moon now.

I still have some buy orders lower in case it doesn't obey.

https://www.tradingview.com/chart/BTCUSD/QLFxPtCH-Alt-Season-is-Over/

it's not over till i say so 

inverse SHS pattern is finished on H4 if you just look at the Close prices. much noise is in the market, BTW.

Explanation

well if it's not the def of short lived 34kish someone poked the wrong bull 

Explanation

me think we goin to 34k today, tell all your diptwat cousins to buy with their 6k peanuts when they can double their money on alts in a matter of days
(unfortunetely they prob don't know how to trade those sneaky shitcoins)

Fortunately, some things change, although it took a long time for people to realize that long-term holding is definitely worth it. When we look at the fact that none of all the big investors have sold their coins, while on the other hand they are spreading stories about how Bitcoin is bad for the environment, it should be clear to everyone what this is about. I know there are those who constantly hope that the price will be below $10 000 again, but that is the same as hoping that time will go back to 2015 and that 1 BTC will be worth a few hundred $.

Some things are simply a thing of the past, there is no point in crying over spilled milk - but it makes no sense not to repeat the same mistakes again.

There will be epic face melting 

Explanation

It seems to me that the traders prematurely ejaculated dumped their bitcoins in the fear of the "certain" Sunday 20% dump. But in the Bitcoin world there are no certain things. If the bears fail to dump the price below 30K, the market will turn against them. I think that the last ATH is a fake top of this bull market, since the holders are not reacting the way bears hope. The long term hodlers are not disturbed and continue accumulating more cheap coins. The real top should be above 100K at least. The more it is delayed, the higher it will be. It may turn into a bull supercycle covering the next 1-2 halvings, with occasional 3-6 months fake bear periods. I don't see how 2018 will be repeated with the current ATH. Now everyone knows what Bitcoin is capable of, so apart from the imbecile trend followers, nobody with his sound mind will miss the chance to buy at the current prices or lower. Of course, for several weeks the big investors will wait for the dust to settle, but then they will return, leaving leverage shorters in dust and tears.

Until it isn’t anymore 

Explanation

Explanation

it is a constant learning process for the new among us and also for the weak hands
and actually it is quite simple - hodl


https://twitter.com/LinaSeiche/status/1398509825714057225

Explanation

Dear bitebits - of course, I explained why there was a need for a hypothetical in part due to your several times having had blanketedly asserted that you did not agree with my three pronged approach to attempting to accumulate bitcoin, so I attempted to give you some facts so you could tell me more specifically how your "system" is going to get applied to the kinds of facts that I had outlined.

I am not just asking for funzies (even though sure we can try to make this fun, too) but I am really trying to get to the bottom of what your criticism is of my approach and how your approach would differ exactly (if at all) in any kind of material and meaningful way.. except for just saying that you are doing some things a wee bit different.. but in the end, maybe the things you are doing are not really very much different than what I was already suggesting to be the various parameters to consider and then that individuals would likely come out with some individualized variations in terms of how they applied it.. but in the end, what you do and what I am saying might not be very much different at all when we attempt to apply actual proposed actions to a set of somewhat attempting to be realistic hypothetical facts.


plus one on that, just like you probably have a bitesatoshis as your cousin (or possibly your mean uncle craig), too.



Oh yeah, I had almost forgotten about that earlier 0.1BTC purchase.. nice catch.. he is not a complete no coiner.. for sure that is an important fact about part of BeerHoDL's current circumstances.


We can agree to disagree regarding that perspective. Even though I will concede that my system of both dividing into three and then further strategizing within each of the three categories creates a lot more buying points and certain kinds of uncertainties if the BTC price is going to reach those various price points, each person who is employing such system is deciding for himself how much to allocate to each category and how far to set the intervals of time and price, so sure he could just blindly go with the defaults and then have some ill thought out price points and time points, but part of the ambition would be really attempt to match the finances and psychology and everything like that so that the guy gives no shits about if the BTC price goes up or down because he set his orders perfectly in alignment with his individual circumstances.  That is not gambling - that is synchronizing/harmonizing (nohomo) finances and individual circumstances.

Of course, the more ill thought out, or the purposeful speculation could cause such a system to get transformed into a gambling-like intention, but that surely is not my intention.. and in essence, I am (and have been) attempting to minimizing gambling intentions within my approach (unless from time to time I might tweak some small aspect to play on some gambling desires that I might have, but my personal gambling tends to be pretty damned conservative in the whole scheme of things).


Hahaha

Fair enough.  I saw that backup plan, so surely good to have a back-up plan when some newbie is banking too much on dumb... whether kissing cousin or otherwise.



Surely, I would like you to answer the questions in my actual hypothetical.  those questions are not complicated at all.  I just want to know specifically how you are going to apply action to the hypothetical facts that I laid out.  Surely, I kind of guessed about what a consistent bitebits application might be, but I would prefer to hear it from the horse's mouth his lil selfie, rather than my speculating upon what I think that bitebits would do...

In udder wurds:  Play ball kind sir.  (I am not indian).


O.k. Maybe this is an answer to the question, no?

You are largely confirming what I speculated you to be saying.  Whenever money comes in whether it is the $12k that BeerHoDL has or the $500 per two weeks or the $6k per year, you buy bitcoin right away at whatever price..   I can surely see that it emphasizes lump sum, it kind of plays out like DCA except you are not spreading out any of the buys, you just buy pretty much ASAP.. and then just go into HODL mode with those coins.

I don't have any major problem with that approach, even though my system is more involved and interactive and spreads things out, we surely might end up with very similar results in the long term in terms of the performance of the coins, and surely your suggestion of getting coins off of exchanges and away from third parties is valid because you are largely suggesting that in the end you make way the fuck more money by not having your money on those exchanges when they steal your coins, or some other shit happens that fuck up the number of coins that you have made versus how much you end up losing.  So I do not greatly disagree with the value of lessening third party risks - even though I have already largely argued this point several times in terms of some desire that I have to support various systems and to participate in the various systems.. which I believe is a contribution to the overall bitcoin space.. and also helps me learn things in an active way, too.  

I am not even disrespecting your mode and method.. even though it is quite a bit less involved. even if I am not really sure if your system would result in more coins or not... on the average.. maybe so.. maybe so.. especially the gambling tendencies that traders have.. and I claim to be attempting to minimize that.. but we can probably just agree to disagree.. and not going to stop me from continuing to say that my system is pretty close to the best thing next to sliced bread, even if there might be some similar products out there.  So what?    



That's true.. I did lose a pretty god damned big amount of coins and surely much of that was because of my participation in these various systems including a couple of hack/losses/shutdowns and then other coins lost due to sim port swapping crap that made many coins more vulnerable even if spread across many exchanges...

I am not really sure if I would be richer or not.. because if I had not employed my system, then I would surely be a more passive kind of a HODLer who would have not been as much involved, and maybe I would have been scardie-cat to do hardly anything.. including having hesitancies in buying bitcoin in the first place.. so not really sure bitebits if the totality of circumstances has caused me to have less coins, even though a shit ton were removed from my control.. .. I have met a lot of peeps who just get scared as fuck, and just a wee bit of scared gets them regretting that they underinvested,, and I think that right now, as I type this post, I did a quickie ballpark calculation, I am pretty damned close to 10% of my total BTC investment value on various exchanges, and historically (like around early 2017 - before I had a come to Jesus moment), I had a bit more than 50% on exchanges, and even the other 50% that I was holding was in a kind of way that had some vulnerabilities that were kind of like 3rd party vulnerabilities, and I had not really realized the vulnerable points in terms of getting access to those coins.. so there was some luck in terms of my being able to hold onto as many coins as I did when I was actually attacked that did leave close to my whole stash vulnerable - needless to say significant improvements were made.
in terms of both the sim port vulnerabilities and also in terms of how the archived coins are held.

I do think that security can be a bit of a moving target, too.... and jesus, I had some farting around with a system that I have created, and I thought that the system was fairly straight forward in terms of back ups that would allow for passing on to potential decedents, but I even found some potential complications in that.. in matching certain parts with other parts, and fuck, if I cannot even remember how to do it (and I mostly created such system) then how the fuck is some kind of estate executor going to be able to figure it out... so surely many of us have such issues of not only securing our coins but considering if we want to pass them down and how that is supposed to be accomplished.. including if we change our system, then will some coins just end up falling outside of the system and then go to the grave with us.. if such an inevitable dying thing were to happen?  100% likely but just a matter of when and if we have pee pared our lil selfies sufficiently in regard to our coins.