Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8104. (Read 26713358 times)

Pretty much.

You gotta be pretty ignorant to think that Trump doesn't know that a presidency is mostly defined by what happens around you, not just what you bring to the table.

Meanwhile some guy in China can't wait to cut open a salamander and dip his asshole in a jar of chicken juice later today.

2008(9) values? Only in a Depression, which this guy estimates only at 10-20% chance:

https://www.bloomberg.com/news/articles/2020-03-16/guggenheim-s-minerd-sees-10-20-chance-of-global-depression

My current plan is to start buying stocks at 50% discount (SP500 at 1700, roughly, which is, incidentally, is also a 61.8% point of the entire move from 666 to 3392), fully expecting a possibility of a move to 1500-1600 area before the strong bounce. Not going to buy any current bounces. BTC-hold.
I am talking here only about an inititial move and a rebound. The whole structure might take decades to resolve (aka Japan 1989-2009).

Listen carefully to Novo here (trading advice):
https://youtu.be/_9-6tSO7w3A

Karma at it’s best ...

Something occured to me today watching bits of Trump:

I don't think he wants to be President anymore. It's no fun when tens of thousands of people may die because you're a stupid buffoon. And now that he can't shake hands, hold elaborate dinners, and instead is expected to deal with a meltdown it's not the job it used to be....

Interesting.

Jealousy..

Stereotypical American.  And you wonder why most of the world justifiably hates you.  Look in the mirror.

There are some individuals from America whom I respect and admire.  They don’t have this American attitude; and most of them hate America, too.

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Then delete your duplicate post with absolutely identical content, instead of waiting for someone else to clean it up for you.  “How to use a forum” at n00b level.

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You would be making some great points, if you weren’t mixing them with arrant nonsense.

N.b. that these conclusory leaps of logic also tend to discredit in the public mind anybody who has sound reasons for being wary of the CIA, the NSA, the UN, the Fabians, et al.  Such as myself.  Why, it is almost as if there is some sort of a conspiracy to discredit rational investigation of such matters. :-/

If you feel sad after this sell-out always remember, its a bubble!

https://www.youtube.com/watch?v=KTf5j9LDObk

I never liked talking about this.  (Privacy, y’know.)  Whereas the point is too important here...

(Date Registered: July 23, 2011, 06:23:50 PM)

I have a little story that will make jojo69 feel better about selling anything whatsoever at $13.

I have said parts of this before, in various threads.  (Will not now waste time mining for self-quotes.)

I discovered Bitcoin rather early.  I don’t want to say exactly how early—enough so that the original Zerocoin paper immediately caught my attention in 2013.  So, significantly earlier than that.

I didn’t buy.  Didn’t even mine (when that could still be done with commodity hardware).  Didn’t even play with the software!  Didn’t bother creating a forum account before 2017, although of course, I knew about this place long before then.  (And if anybody was wondering how, at Newbie rank, I came out swinging in the thick of the fork wars within 36 hours of when I started actively posting—then the next day, hopped over to defend Segwit in Development & Technology...  ...and yes, I was in the Lauda camp before I even registered.)

Bitcoin was an intellectual curiosity which fascinated me, given my interest in cypherpunk money going back to the 90s.  I casually followed its development, from a distance.  I just could not stand the privacy problems of a global public ledger.  I hoped that Bitcoin would lead to better technologies; and just like all those technocratic blockheads whom I have always despised, I was more focused on the technology than on the organic, unduplicable, rapidly growing Bitcoin Social Phenomenon.

After all that I had read about Bitcoin, I actually got into cryptocurrency via Zcash, which I had been patiently awaiting for several years.  Thereupon, I endured a hard lesson in the virtù of Shitcoin Minimalism (h/t qwk (date registered: 2011-06-15)).  Hello, Bitcoin:  I have always loved you in theory; now, I embrace you in practice.

I could have been “Bitcoin rich”.  Could have been.

I hope that people learn something from my story.

The funniest part:  Most of the regulars on this thread have far more Bitcoin than I do, even though I am all in on Bitcoin with my life savings.  In terms of personal wealth, I never had much money.  Now, because I was reading about Bitcoin and sitting on my hands when I should have been getting in, I don’t have much Bitcoin.  The Bitcoin is what I have, and is thus all the more precious to me...

mindrust, don’t take my recent posts the wrong way.  I wandered into WO via your post history, because I’ve been checking up on people whom I respect—hoping that everyone is ok.  Oh, forking hell, mindrust just did what!?  Ouch.  Hey, I was a “nocoiner” who admired Bitcoin from a distance for years.  It has worked out so terribly well for me, as you can see.



How do you think I feel right about now, or ever?  The almost early adopter.  Who could have had the secret keys to ancient coins neatly tucked away.  Fuck me.  I betrayed myself.

I believe in leading by example.  In this case, please take the story of my personal crypto-journey as an example of what not to do.


Damn straight.

On the other side of the coin, if Bitcoin fails, then we will all be globally, historically fucked in a thousand ways that you never even imagined.  Spunky little Bitcoin, whose whole market cap is a drop in the bucket of the global financial markets, is now all we have to advance the cause of financial freedom against the tyranny of an international system that reads your soul (and your practical activity) by watching all that you buy and sell, and that is moving toward the point that it can starve any dissent simply by freezing the money of anybody deemed undesirable.

When hardcore HODLers are panic-selling, the prospect of losing the value of my life savings is actually the least of my concerns.  Hello, WO!  I never posted here before, because I am not a financial investor.  Now, I am here saying to BUY and HODL.

Quite frankly, I tell you that that is risky—for everything is high-risk right now.  Manage the risk rationally:  No FOMO panic-buys, and no panic-selling!  I also candidly point out that Bitcoin is less risky than government-issued toilet paper—which historically has always been the worst risk in times of social breakdown!  I hereby add that if the sheep all run away from Bitcoin, then we will all be as lambs to the slaughter.


I dream of not needing to ask anybody’s permission to use my own money, and of easily carrying on private transactions with anybody in the world.  Bitcoin is my bet.

WTF ever.. What country would you rather be the world superpower?
The entire world is lucky that the USA is top dog and not anyone else..

edit, the forum just glitched hardcore while posting this..

https://www.forbes.com/sites/zakdoffman/2020/03/14/new-warning-issued-for-all-whatsapp-and-imessage-users-major-threat-to-encryption


Ok, this seals it for me, the bio-engineered virus is a spook operation for sure. Probably CIA is only agency with access to such bio-weapons or authority to commandeer such access. NSA is branch of army so maybe them too but unlikely to get involved. May even be a rogue branch that 'slipped up' while doing their hidden masters bidding from the seat of the UN or some other global secret society power, e.g. Fabians.

But this is disgustingly completely corrupted at the highest levels of power in the USA. While US Congress and administration is telling everyone to stay at home and lock down they are rushing through a bill that has zero to do with the virus emergency or protections, etc, and at the same time have taken extended leave. Why not debate this in stable times? Why rush this through in silence at the height of a crisis if not thoroughly corrupt? Where's the urgency?

Where's the outrage in the US? It's time to clean Washington out with something stronger than disinfectant, long past time. The place stinks like a rotten turd world sewer. The powers pulling the strings maybe global but always it is the US intelligence agencies that are doing their shitty dirty work. And the stupid (paid off, bribed, extorted?) US Congress signs it off every fucking time.

Jeffery Epstein didn't kill himself. And not one "child protection" law stopped Jeffrey, Washington enables paedophiles everywhere but silences their free citizens. The US has become one of the most corrupt and corrupting power centers the planet has ever seen, by ways of deception that are too morally repugnant for most ordinary people to comprehend. Between them and the Communist Chinese gang the planet of humans is truly fucked.

Nice. Fortunately I (may or may not) live with a bar, so we are fully stocked... though can't sell any of it  
Think we got a good a month's worth of alcohol prior to cancelling events, so all good here  
Though financially gunna get rekt for now  


Hell no, just out of TA. Daily/Weekly ain't telling me that much, I don't trust smaller time-frames, price is moving sideways it seems until proven otherwise.
Still btfd, all good here  

I bought 2 large bottles of lemon juice, 2 large bottles of honey, and 2 5ths of 100 proof Hot Damn (hot cinnamon liqueur) today..
I am developing a sore throat and runny nose right now and I'll be damned if I'm going to suffer through any sickness without a good supply of Hot Toddies..



Of BTC?
I'm just starting to think things are looking better for BTC right now..

Actually, maybe we are seeing some decoupling of BTC/Crypto prices from the US Stock Market..or at least, IMHO, not as much as I dreaded!

Come on Bitcoin, you know the rule, if you are running from Bears you don't have to run faster than than the Bears, just the other guy, er 'stock market'

Ah interesting, thanks for clarifying. You're completely right a breakout merely means a move in the price in one way of another, I made the assumption my bad, not yours. Thanks for not apologizing this time. You were also right the a breakout was imminent in that sense from the triangle pattern. And yes otherwise alcohol is very useful at the moment if you can't be bothered to pay too much attention to lower time-frames in play, you can thank eddie13 for this great suggestion, it's served me very well (apart from the hangovers I am left with when I go to work, but they wear off eventually - even if people think I've got corona for a moment before I explain I just got blind drunk). Just make sure to lock yourself out of any trading account or exchange and you can have a laugh as price crashes  

I otherwise love ascending or descending triangles, I don't like symmetrical triangle as I find them to be subjective continuation patterns with relatively little meaning apart from anticipating a breakout, or as likely a fakeout, so serve no utility. But also, triangle on smaller time-frames are always very dodgy imo. That said, if we can re-test the $5985 resistance level, basically break through $6K, then I'd start to look at the argument for a bullish ascending triangle on smaller time-frames. Think I'm drunk again, looking forward to your future charts posted in the best speculation thread on here

I'm all out at the moment, price is moving sideways and I have strict rules for triangles that don't apply yet (3 points of contact, for each resistance & support, including a perfect horizontal and not crossing a single candle body on the time-frame drawn). I'm so pedantic with my triangles, but fortunately this means I rarely acknowledge them until perfect  

I'll otherwise call bullshit on any smaller time-frame TA on a Sunday, leading upto the Weekly close, you should know this about me. While I find the smaller-time frames interesting when there is lack of clarity on the Daily/Weekly, I'm really all about the longer term time-frames, a trade I can hold for a few weeks or a month, rather than a matter of days.

Come on Bitcoin - you know what to do. It's your time to shine.

Wow, I didn't know about that CoronaVirus thread. Thanks!

I bought today.

Well, if I get truly 'rekt'd' on my views of why I'm HODL BTC/Crypto and the current stock market situation/ratio I have and no debt and if such....puts me in some kinda 'dire need', as a wrong bet,

then everyone else is really, truly worse off than me indeed! Not to say it could not happen, we could have a couple back to back black swan events..in a row for this to affect me drastically.

or massive medical needs etc. Just saying, if it goes so far so fast on every frigging thing, as it effects my over 30-year kinda same $$$/lifestyle and such...in a negative

way, then I hate to think what the average joe/jill would go though! You get old enough and go through like me 5 recessions or some such, and you at least learn how to self-delude

yourself on the reality of the situation and just move on. This has indeed been a black swan event, so, don't beat yourself up about it. What works in a ''rising" or sideways market of any kind,

be it Bitcoin/Crypto/Gold/Stocks/Bonds or whatever 'usually' catches you completely flat-footed/wrong-footed when it all goes to sh*t. Sometimes you have been just washed off the riverbank and in

and trapped in the floodwaters and everything is out of control and have to deal with such as you and can barely float, wet and cold though it may be, and you just have to call 'floating' a win and

move on till circumstances have changed to the positive. I've taken positions and no debt to 'likely' not get banged up too much. As they say, "The needs must, if the devil drives" a 15th century

saying. We will be the first to know I guess, even if this drags out a few months.

Brad