Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8888.

SuperTA

sr. member

Activity: 406

Merit: 301

Quote from: BitcoinGirl.Club on November 22, 2019, 08:50:50 AM

Observing @ $7,046
I know some of you are panicking but aren't we going to the right direction?

See where we are now and find the peak!

https://www.tradingview.com/chart/BTCUSD/HbvGBqZG/

Go out, go parting, have dinner, get drunk, have sex!

Have a HODL sleep.

All of those longterm projections were wrong because they were adjusted many times. They were way lower when they got there

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

Damn “liquidated long positions” is spamming whole of Twitter.....

UnDerDoG81

legendary

Activity: 2184

Merit: 1213

Quote from: somac. on November 22, 2019, 07:46:34 AM

Quote from: UnDerDoG81 on November 22, 2019, 07:42:06 AM

Quote from: somac. on November 22, 2019, 07:29:54 AM

Quote from: UnDerDoG81 on November 22, 2019, 07:26:17 AM

Quote from: LFC_Bitcoin on November 22, 2019, 07:22:03 AM

Quote from: Theoak* on November 22, 2019, 06:22:14 AM

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.

I cant stand these ups and downs anymore.

If you want to be able to stand it. Do more reading on how shit, rigged, and corrupt the legacy financial system is.

I would not keep it in Fiat. Stocks or real estate or what ever brings me 5% a year.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Observing @ $7,046
I know some of you are panicking but aren't we going to the right direction?

See where we are now and find the peak!

https://www.tradingview.com/chart/BTCUSD/HbvGBqZG/

Go out, go parting, have dinner, get drunk, have sex!

Have a HODL sleep.

bitcoinPsycho

legendary

Activity: 2688

Merit: 2470

$120000 in 2024 Confirmed

Quote from: jojo69 on November 22, 2019, 08:25:20 AM

wee splatter of blood in the alley there

This is fine Embarrassed

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: UnDerDoG81 on November 22, 2019, 07:42:06 AM

Quote from: somac. on November 22, 2019, 07:29:54 AM

Quote from: UnDerDoG81 on November 22, 2019, 07:26:17 AM

Quote from: LFC_Bitcoin on November 22, 2019, 07:22:03 AM

Quote from: Theoak* on November 22, 2019, 06:22:14 AM

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.

I cant stand these ups and downs anymore.

Protip: You should sell, UnDerDoG81.

fillippone

legendary

Activity: 2380

Merit: 17063

Fully fledged Merit Cycler - Golden Feather 22-23

Quote from: Paashaas on November 22, 2019, 07:23:58 AM

Bridgewater putting on $1.5B option trade betting on market decline by March 2020.

https://www.wsj.com/articles/bridgewater-bets-big-on-market-drop-11574418601?redirect=amp#click=https://t.co/xyiKN6jA3v

There is a paywall on that article, so I am posting another link here:

Bridgewater bets more than 1 billion on global equity pullback by March

The key takeaway is the following:

Quote

Bridgewater paid roughly $1.5 billion for the options contracts, or just about 1% of the Westport, Conn., firm’s $150 billion in assets under management, according to people familiar with the matter.

This means they bought a lottery ticket, paying 1.5 Billion, to hedge their long exposure of 150 Billions with a short one of around 100 billion (this is something I read elsewhere behind other paywalls, so you have to trust me). This 100 billion short insurance will be effective at lower market level.
So, probably, it is only a way to avoid too heavy losses in case of a significant drop in the market.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: btcbeliever on November 22, 2019, 07:33:35 AM

Quote from: LFC_Bitcoin on November 22, 2019, 07:22:03 AM

Quote from: Theoak* on November 22, 2019, 06:22:14 AM

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

You can make a bigger impact and legacy with $500million than with $5million. Think bigger!

I have made the argument several times about bare minimums. Of course, more is better, but even with $1million, you have a passive income of about $3,333 per month (which assumes standard investment principles to be able to withdraw 4% of the value per year without eating into principle). So double that to $2million and a lot of peeps can live pretty damned comfortably off of that in many places of the world, even in the west.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

wee splatter of blood in the alley there

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: xhomerx10 on November 22, 2019, 07:24:47 AM

Quote from: JSRAW on November 21, 2019, 11:19:47 PM

Quote from: JayJuanGee on November 21, 2019, 11:03:08 PM

Quote from: Last of the V8s on November 21, 2019, 10:20:34 AM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait...

I like old JJG #No homo. what happened to him...

He probably typed that message with his tongue while formulating four much longer replies with his hands and feet. I figure he must be ambidextrous and ambipedal.

A lizard, too, apparently. Cry

(first time that I received a lizard reference)

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: btcbeliever on November 22, 2019, 07:18:50 AM

Quote from: JayJuanGee on November 22, 2019, 07:00:45 AM

Quote from: Lambie Slayer on November 21, 2019, 10:05:34 PM

Quote from: El duderino_ on November 16, 2019, 11:34:47 AM

Damn i'm a permaBEAR, I even don't know I have any coins actually, but I do love hanging around here Kiss

Its cool, we like seeing your posts about spending money rather than investing in the King, Mr. Team Bearsons Leader Wink

hahahahaha

You seem to have some correct in you from time to time, lambie bambie.

When there are posts about extravagances, then that seems to be an opposite behavior to HODL and accumulate... especially when the BTC prices are dipping.

Seems that we might need more McDonalds posts and possible ways of frugality during these kinds of trying times.

If you have a substantial stash of coin, retired off it, need income but are loath to sell at these prices, consider earning weekly interest on a portion of holdings through Celsius. It's way better than selling.
... Then again, by lending, am I providing the central bankers a means to drive the price down I wonder?

I don't rest understand these aspects of market mechanics.

A lot of people get distracted and lured into interest bearing products because they believe that the return on BTC is not good enough for them. Seems too risky to me, and also seems unnecessary, but if you want to trust your coins with third parties, then so be it. That's your choice.

Many times people who borrow BTC are actually dumping those BTC so yes, there is that aspect to it, on a more macro level.

_javi_

hero member

Activity: 968

Merit: 624

Still a manic miner

Quote from: Last of the V8s on November 22, 2019, 08:05:12 AM

I´m still surprised about the glass shattering event.

I didnt expect it.. Less than BTC at 7k.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

It is not good to be overinvested in anything, but at least you recognize it.

As I was typing, I realize that I am overinvested in BTC too, but I believe when I say overinvested and you say overinvested, I believe you are talking about much greater percentages than me.

When I say that I am overinvested, it is like I have an extra few percentages in BTC but merely because I want to be able to sell those extra few percentages of BTC on the way up, so when I sell those extra BTC percentages on the way up, I don't feel any kind of guilt at all (for not being an adequate HODLer), because I am using my overinvested portion to sell... to shave a little, which feels good man (when it goes up).

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

More and more are liking the this is fine HAT Cheesy

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: ivomm on November 22, 2019, 05:46:29 AM

This should have happened next week, when I get paid. I am afraid that by next week, we would be around 10K. These bears haven't learned their lesson. Bull counter attack is imminent. 10...9...8...7...6...5...4...3...2...1 boom!

Like Hairy bearie mentioned: It could take a few days of pain before seeing some kind of recovery.

Accordingly, once we stop going down (well that is another question), then it could take 5 days or more to start to rebound.

If you get paid early in the week, the odds are good that you might be able to get some bargain coins.

I really doubt that we are going to see a shooting up to $10k - not after this kind of a situation... but I would not be surprised by a couple of smaller upward BTC price spurts.

Seems to me that there is some shitcoin purging efforts going on here.. but I surely don't have a lot of confidence about that little theory, either.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

Bakkt is prepping to launch Bitcoin to USD settled Futures on December 9..

Quote

On December 9, the
@Bakkt
Bitcoin (USD) Cash Settled Monthly Futures contract will launch at ICE Futures Singapore.

Read the press release: https://ir.theice.com/press/press-releases/all-categories/2019/11-21-2019-235911370

Source: https://twitter.com/ICE_Markets/status/1197699516570443776

Quote

“Bakkt Bitcoin Cash Settled Monthly Futures will be settled against data from the physically delivered Bakkt Bitcoin (USD) Monthly Futures contract, the first fully regulated futures market for digital assets,” reads a press release from the company.

Source: https://beincrypto.com/bakkt-launching-bitcoin-to-usd-settled-futures-contracts-on-december-9/

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: UnDerDoG81 on November 22, 2019, 07:42:06 AM

Quote from: somac. on November 22, 2019, 07:29:54 AM

Quote from: UnDerDoG81 on November 22, 2019, 07:26:17 AM

Quote from: LFC_Bitcoin on November 22, 2019, 07:22:03 AM

Quote from: Theoak* on November 22, 2019, 06:22:14 AM

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.

I cant stand these ups and downs anymore.

If you want to be able to stand it. Do more reading on how shit, rigged, and corrupt the legacy financial system is.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: Gyrsur on November 22, 2019, 07:41:01 AM

Quote from: LFC_Bitcoin on November 22, 2019, 07:22:03 AM

Quote from: Theoak* on November 22, 2019, 06:22:14 AM

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

if you plan to retire based on your BTCitcoin wealth and the price reaches your target you should hedge (with Futures or Options) against further price decline. it is better than convert into FIAT IMHO. you will be protected from decrease of the price but you will also not participate on further price increase. it depends on what type of human being you are. more a safety searching one or more a gambler one.

Interesting, I'll look into this.

UnDerDoG81

legendary

Activity: 2184

Merit: 1213

Quote from: somac. on November 22, 2019, 07:29:54 AM

Quote from: UnDerDoG81 on November 22, 2019, 07:26:17 AM

Quote from: LFC_Bitcoin on November 22, 2019, 07:22:03 AM

Quote from: Theoak* on November 22, 2019, 06:22:14 AM

Quote from: LFC_Bitcoin on November 22, 2019, 06:12:59 AM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.

I cant stand these ups and downs anymore.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8888. (Read 26607502 times)