Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9563. (Read 26609075 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Sorry to interrupt, but can someone please let me know if I should be panicking at this point, because, TBH, I'm seriously, SERIOUSLY thinking of just tuning out anything Bitcoin related until after the halvening and just focus on IRL stuff for a while.

Think I'm finally finding a good IRL routine that is keeping me somewhat entertained and productive. Starting to really get the hang of this retirement thing.

Watching Bitcoin tank like it is, just makes me sad. I don't need it until 2021-ish anyway...

Bah. Someone hold me. No homo.


Tune the fuck out.  You don't seem to be able to handle it anyhow.  These are normal BTC price movements, including 20%, 30% and sometimes even 50% corrections during a bull market, and you keep wanting to panic from these kinds of normal BTC price movements.

People held from $20k to $3k but somehow shitting in their pants after a $1k a $2k dump..

We need to stay realistic the price went up with $10k, what we see now is a mini bear market beeing played out.

I would not characterize this as a "mini bear market."  It's just a normal correction and consolidation that has bounced to the 30% to 35% levels from the top of $13,880.   If we start getting 50% correction territory, then maybe at that point we might want to consider "mini-bear" language.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
...

The point is, JJG, none of those have the potential to make a x10 jump in 2-3 years.

Fair enough point, but I still would be hesitant to put all my eggs in one basket, no matter what my age.  Of course, if you are real young and barely just living on your own (moving out of the parent house or even living with parents and in the early stages of building your wealth), then in those cases, you usually do start with just investing in one thing while you are building your portfolio, and then you might start to expand out with the passage of time.  If you only have one investment because you are just starting to invest, then probably in those kinds of circumstances, you might start out with bitcoin... perhaps?  Those are somewhat individually tailored decisions concerning how diversified any person needs to be in terms of cash flow and projected expenses, too.



Gold probably do but I don't think you'll be able to enjoy those profits when it does. Gold is a bit complicated.

When Gold becomes "the shit", you'll be trading your stash for clean water, bullets etc you got the picture.

You are definitely not dumping them for lambos. You'll be afraid to show your face in public in a time like that.

You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, and yeah, I agree that we should not be making the bulk of our investment decisions and/or allocations based on such unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there, such as roach and like-thinking acolytes of similar dumbass mindsets)

Noobs do yourself a favour.  every post you see by this cunt ignore. 

Seems like I have slightly better credibility in these parts than you, no?  (that's a rhetorical question, which means that you do not need to answer it). 


He is has a very low IQ, he is always wrong on the price and he doesn't understand the difference between bitcoin and paypal (no joke). 

Oh my!!!!!  You should speak for yourself.  I don't tend to make predictions about bitcoin price, I largely tend to merely criticize dumbasses like you who seem to know so much about where the BTC price is going, but seem to not get it right (including your dumbass decision to sell all your coins at $6k, and your ongoing failure and refusal to recognize that you are the dumber one in the bitcoin price prediction realm and even acting on your dumb gambling inclinations).

He once thought an elliot wave was something Neil deGrasse Tyson spotted as proof of a black hole.   He thinks TA was a member of the A-Team, EMA is a flightless bird from Australia and thought bitcoin could never go below 10k again.

You are just making shit up.

He won't take a challenge!  offering 10 BTC bet (he won't take it)...   


What the fuck are you talking about?  At best, you probably never even had 10BTC when you sold your .5-ish BTC at $6k that are now only worth around .29BTC right now...   Anyhow, I don't need to take bets from stupid-ass troll shill jobs like yourself in order to retain credibility in terms of either my representations or my inquiries into the ongoing misinformation and deceptions of some posters, yourself included in that group of shill/trolls.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Everyone waiting 8k levels again. Previous btc dump, almost everyone waited for 8500 or 7200 levels to buy but it bounced before, at 9k. So the majority didn't fill their bags. At 3500 usd everyone waited 3k or lower, but it bounced before that at 3100/3200. Some are still waiting for 3k and 1.400 usd.

Hahahahaha...

You got that right.   


There were a shitload of folks waiting for sub-$500 coins in early 2017, and the best that they could have been able to get would have been in the upper $800s and that was a decently brief dip, including the last time to get sub 4 digit bitcoins, and many of those folks waited through a decent part of 2017 for such, while the BTC price went in the opposite direction, and it should have been more than clear by mid August 2017 when BTC prices went above $3k, they were not returning to sub-$500 or even easier scenarios of sub 4 digits.  Pobrecitos (not).
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
member
Activity: 234
Merit: 46
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.
ouch, that's you..not JJg?
hero member
Activity: 529
Merit: 527
Seeing the article on CoinDesk about Bakkt reminded me of my magnr.com, where I use to speculate on margin about half a decade ago. Anyway, I went to the site and they seem to gone except some splash page and a broken link for previous customers.

Anyway, I tried googling them for more information about their demise(?), but cant find anything informative. Figured the best place to ask is here amongst my fellow speculators. Does anyone know what happened to them? Do they have a new site?  Huh
legendary
Activity: 3276
Merit: 2442
Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.

He always disappears during "sailing season".

That bastard. Without us.



Ill get one too when I become rich.
legendary
Activity: 3892
Merit: 4331
shows how god-damned difficult it would be to get anywhere close to 800 BTC ever again for a person with such a seemingly average budget.

Most likely, impossible.
After all, 800btc is btc of approximately 282 thousand average earthlings (at full emission).
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.

He always disappears during "sailing season".
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
In 2015 I sold 800 BTC to buy a house for my family.

In 2018 I sold my house and bought back 50 BTC.

People who thinks I'm crazy for selling my house please know that my only regret is to have sold my bitcoins.

Investment in Real Estate is now garbage comparing to #Bitcoin.

https://twitter.com/bitcoinization/status/1161310562866880513?s=21

Story for a Dumbass or a Legend?

I see he’s brave to admit his wrong being and buying back BTC there should be merit in that act, but F*** how dumb to sold all of his BTC for a house..... (I think all of his BTC, not sure but if he had left it should be more so he wouldn’t sell the house to buy again 50 ....)

That is fucking crazy to have sold that many BTC in 2015 - clearly 2015 was a BIG ASS dip in the market for pretty much the whole year....   Pretty much mid-$200s for the whole year (bouncing around some, of course).

Lack of delayed gratification.

If the short-sighted guy knew that he wanted a house, he could have sold some in 2014 in the $600 plus territory (maybe not all of them) or just waited the matter out until 2017.. or even taken out a mortgage... but whatever, its a form of short-sightedness in a decently strong kind of way.   The buy back of the house for only 50 BTC shows how god-damned difficult it would be to get anywhere close to 800 BTC ever again for a person with such a seemingly average budget.
legendary
Activity: 1806
Merit: 1164
enky.nakamura developed a useful support and resistance band based indicator called KAMA V1.22 which is available on TradingView. Right now bitcoin tested and held support but is still below the daily KAMA moving average which is at about $11000.



legendary
Activity: 3892
Merit: 4331
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

Just glad to see you post again Cheesy

Oh shit mic, I just remembered your BAKKT game. They are confirmed as commencing trading 23rd September. Your BAKKT thread will finally have a winner soon Cheesy

I thought you were safe there & would never have to pay anybody out as I didn’t think they’d ever get the approvals/license.

Edit - I found the thread. You said the 17th day AFTER they open -

https://bitcointalksearch.org/topic/new-bakkt-game-5083242

eatonabooger (yew!) is currently winning
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

Just glad to see you post again Cheesy

Oh shit mic, I just remembered your BAKKT game. They are confirmed as commencing trading 23rd September. Your BAKKT thread will finally have a winner soon Cheesy

I thought you were safe there & would never have to pay anybody out as I didn’t think they’d ever get the approvals/license.

Edit - I found the thread. You said the 17th day AFTER they open -

https://bitcointalksearch.org/topic/new-bakkt-game-5083242
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, ... unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there)

Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding?

A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst.

- jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia


Noted:  Jbreher admits to being one of the armagaeddon nutjobs.  Hopefully, you, jbreher, are not staking too much of actual value (more  than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication)  on such an unlikely scenario.
legendary
Activity: 3276
Merit: 2442
Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

Just glad to see you post again Cheesy
legendary
Activity: 2604
Merit: 1748
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.

If you actually had sent him packing, you'd be deafened by the sound of a thousand champagne corks popping and the general chorus of 'Ding dong the wicked with is dead'
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.
sr. member
Activity: 1197
Merit: 482
This guy thinks we may already be in a recession, talks about safe havens but notably leaves out any discussion of crypto, when usually he has something to say about it, interesting if slightly long read...
https://seekingalpha.com/article/4286282-oh-yes-recession-coming
legendary
Activity: 3892
Merit: 4331
In other news...

Someone suggests shorting HK banks as a token of support for protestors:

https://realmoney.thestreet.com/investing/hong-kong-protesters-try-to-start-a-run-on-the-banks-and-the-currency-15059445

Quote
Should the go-for-the-cash strategy catch on, however, it could morph into something more significant.

yet

Quote
In fact, many ATMs have run out of cash. Media reports suggest around half are not now in service, while some bank branches ran out of U.S. dollars to issue. Any chance of a sustained run on the banks looks very limited, for now, since this was a relatively small group of netizens who organized the effort.
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