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661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 01:15:16 PM
Is it true that bitcoin is failing because it is running out of greater fools?
Like I feared, BTC is ruining it also for more interesting concepts like EOS  Embarrassed

So BTC is ruining EOS? Without BTC EOS would thrive? What drugs do you take?
662  Other / Off-topic / Re: Wall Observer - Off-Topic Discussion Thread on: May 24, 2018, 11:16:06 AM
THERE CAN BE ONLY ONE WO THREAD !


Agreed, this one will never catch up nor gain the same popularity.
663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2018, 02:38:05 PM
664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2018, 02:29:19 PM
For all the newbie posters here that are unclear on some of the fundamentals of Bitcoin:

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

Thanks for the laugh, that video is pure gold Cheesy
665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2018, 05:09:53 PM

Unlikely to launch into a 150 page tome without at least some description of why it may be relevant to my life.



The Richest Man in Babylon is a book by George Samuel Clason that dispenses financial advice through a collection of parables set in ancient Babylon. Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom.

So I guess it teaches you how to be wise with money, has quite high ratings aswell according to google. Haven't read it yet, but I'll probably give it a shot.
666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2018, 02:15:08 PM

Strange!  Is Theymos account stolen?  Has he done this kind of shit before?  Is this the biggest scam in crypto?  WTF?

Probably just next level trolling and to show people how stupid most of the ICOs seem to be Smiley
667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2018, 05:45:05 AM

You may or may not have a system that is going to pay off, so I would not want to be perceived as talking you out of anything, even though perhaps, any of us can sometimes tweak our approach and even our inclinations towards risk taking by sharing information in threads (conversations) like these can help each of us to better help ourselves.  Even though I have spouted a lot of nonsense through the years through this thread, I feel that my own participation has assisted me to learn more about my own strategies by my attempting to explain some of the things that I think and do.

I normally sit on the sidelines and just observe, takes me quite bit of time to get into the action. Like said, I've been reading this thread mostly without an user, I rarely thought I had anything to add to the conversations here, my base of knowledge doesn't seem to add up just yet. I still feel I'm quite a n00b when it comes to cryptos, that's why you got me thinking about my trades and that maybe I'm gambling too much, hence the reason why I put some of the stash aside now. So I guess I'm learning already? Smiley



Also, personally I believe that to the extent that you can describe various crypto projects as complimentary (rather than attack vectors on bitcoin), then those topics might be relevant to this thread, even though patience is likely to wear thin if you devolve too far and the connection to bitcoin becomes a lot less apparent, then seemingly rightly so, a large number of participants in this thread will begin to attack you as being pumping some shit or attacking bitcoin, and you seem to recognize these kinds of topical thread dynamics, Kylapoiss.

Yeah, that's why I asked, to not start spamming with a pointless talk which wouldn't interest you or anyone else in here, I know how most of the users feel about alts.

I wouldn't be here if I didn't believe in BTC and it's superiority over all the other cryptos.

Thanks one more time for helping me, someone like you in a forum is a rare find, normally newbs get bashed like hell and nobody even bothers to answer them.




668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2018, 04:56:43 PM

My favorite beer


I really hope you're right, wouldn't want to see bears for the next year or two. Bulls are much more fun, I even have a tattoo of one on my left shoulder.
669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2018, 04:11:06 PM


Sry just testing if I can finally post pictures.

BTC will not go under $7500.

TERA's favourite beer.
670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2018, 03:58:01 PM

Thanks for providing some of your details.  I don't necessarily agree with your goals, but I would be concerned about some of your potential distractions with alt coins and that your perception that you have decent chances to use alt coins to accumulate more BTC than if you held BTC itself. 

I probably have disclosed numerous times in this thread that my alt coins tend to be less than 5% of my total holdings, and I think now is around 2%-ish.  I do understand that some members might have perceptions like yours that it is possibly useful to keep higher allocations in alts to accumulate BTC, and I tend to be o.k. if they were to take a 20% alt strategy, but not an 70% alt strategy as you seem to be currently... but maybe if you reversed your allocation to 70% BTC, you could still find a way to make it comfortable for you, especially if you have what seems to be a minimum 5 year investment and building of your portfolio plan.

Of course, in the end, you have to find your own level of comfort, but I tend towards lessening the gambling aspects which causes me to remain in the 90% plus arena for bitcoin, and I become less and less able to relate to those strategies the more that they allocate higher level to alts, even if they end up getting lucky by playing around with shit that can implode at any moment - which is not the same as the continuing strength of the fundamentals in bitcoin.


Well, I'm a believer in bitcoin, but can't say that I'm a maximalist as I'm not all-in with it. I see alts as an opportunity to get more bitcoin and so far my trades have been successful. I was almost 100% BTC about 2 months back when alts were bleeding and BTC somewhat held it's position, at least against the alts. Now there is more market movement in alts, so I have my main stash there. I'm a bit of a gambler myself aswell, maybe that's the reason I'm moving my stash around as much as I do.

But, like said, my main goal is to accumulate BTC. You got me worried a bit now, I think I'll transfer 30% of the wallet worth in BTC to a cold storage now and hodl it there, just for kicks.

If you have any interest, maybe we can continue the altcoin talk in private chat, don't want to spam this thread with it. I would just like to disclose what alts I have and why I have them.

Cheers!
671  Economy / Economics / Re: Why people dump their Bitcoins ? on: May 18, 2018, 06:24:39 PM
It all happens because people are panicked and do not believe in bitcoin.If they believe it will hold their bitcoin until the end of the year.

End of the year? That seems to be quite short-term. Why not until end of the fiat era? Which will be reality inside 5-10 years I reckon.
672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 06:22:35 PM
*edited*

Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.

It has to do with your forum rank.. Here..have a sMerit.

------------


Wow, thanks, you just took my virginity!
673  Economy / Economics / Re: Why people dump their Bitcoins ? on: May 18, 2018, 06:06:04 PM
People that have no to little knowledge about cryptocurrencies often follow false speculations about the price drop of the value to which they often describe it as its failure and not looking that it is just in its nature.
Or they just need money fast in real life so they cash their coins no matter the value of it is, whether it is for basic needs or emergency - it depends on the decision of the user and its their loss.

Yes it is really depends upon the situation of the investors why they are going to dump their bitcoin. I think it is wisely enough if we make a decisions that makes us gain profits even not really big but atleast we gained. Avoid dumping for just your emotion uncontrolled.

I dumped, or I'd prefer the word "sold", all my BTC in 2015 because of personal reasons, needed cash fast and had no other options. Left a really small stash which I had to liquidate also couple of months later. But I still read the forums, news and did background research on the matter. Rebought in Nov last year (got in just before the big hype, lucky me) and now I won't be going anywhere, I'll hodl my coins even if I have to eat grass! Smiley

So don't think of it as dumping, more like selling Smiley For many it takes years to wrap the whole crypto idea into their brains, but once they realise the true nature of cryptos, they'll be back and for good.
674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 05:34:54 PM


Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.

 noobs cant post images - it's a forum parameter

Wonder how long does it take when I can post one?

Just wanted to post a picture of TERA's favourite beer.
675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 05:20:38 PM


Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.
676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 11:43:47 AM

I am pretty much in the same boat as you. I also started to collect last year in May/June which was way before the $20k pump but obviously I didn't buy enough. I became serious after this February...

You should know however, being serious this time won't guarantee you another 10x pump. Well it will happen eventually but might not happen in the time frame you are (we are) expecting. Most people here expect another 10x in the next 2 years which might be too optimistic.

We may have to wait at least 5 years to get our lambo's and I am actually OK with this.

Oh I'm not after pumps, when I hit one with some of my alts then so be it and cheers for me, but that's not what I'm after. I'm in for the long run and have no cashout plans for the next 5 years at least. Maybe I'll get my lambo without the help from cryptos? Cheesy




mine tested ~125 waaay back around highscool.

i then discovered drugs. way more fun. of course way more disruptive as to the directions i had picked in college (programming). dropped college, stayed with drugs. much fun, much stupidity, some broken bones and other misc injuries from "here, watch mah beer" type stuff.

oh well. its part of what made me who i am today, and if i had a do over id probably choose drugs again.

Same here, scored 126, took the "drug-way" and it sure has been a wild run. Would still make the same choice.
677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 11:15:37 AM

Many woulda-been, coulda-been Bitcoin millionaires become bitter, anti-Bitcoin zealots.

I got into the boat in 2013, but sold all my stash in 2015 because of reasons, would be a multi-millionaire now Smiley didn't get me bitter though, that's just life.

But back I am, hopefully smarter this time, started to rebuy in Nov 2017.

Yes, there are more "normal" peeps that attempt to learn from their mistakes and to develop better strategies. It can take a long time to move away from our tendencies to repeat our mistakes, and sometimes identify areas in which we can develop better plans and to place ourselves into a better position to prepare ourselves for luck. 

You know the saying that there is no such thing as pure luck because luck is largely a product of opportunity coming from preparation?

 I would not mind hearing some more of your details and plans on how you are expecting to go forward.  Hopefully, you understand that bitcoin remains the main place to emphasize your long term efforts, even while there remains ways to make short term profits from some of the alts.. perhaps?

I agree with your statements, especially with the luck one, blind luck rarely represents itself.

My plan is to accumulate bitcoin and other crypto and hodl them tight this time, no cashout plans at least inside the next 5 years. I actually was against the alts when I held bitcoin the last time, had them maybe 1-2% of my portfolio before cashing out, but there is some real money to be made there now and some of the alts have great teams and ideas aswell. The reason for cashing out was not fear of market, as I planned to hodl anyway, just had some trouble in real life and cashed out in smaller portions. I have my life and financials set up from a much better perspective now, so I think this time I don't have to go to my coins to get fiat.

I have been trading back and forth a bit since December and grown my wallet slowly too, had everything in bitcoin at some point, now the ratio is maybe 30-70 (BTC-alts), but I'm keeping an eye on the market constantly and when I see some coin is not worthy anymore, I'll convert it to bitcoin. Main idea is to accumulate bitcoin of course, trying just to grow it with the help of alts and so far it's working. Soon I start to transfer small amounts from trading to my cold storage and keep them there. So alts, for me, are to accumulate more bitcoin, though I have faith in a few projects (none of them is in top30@CMC). I'm buying around $1-1.5k worth of crypto monthly.

I'm getting most of my information relating bitcoin and its movements from this thread, have done so for the past 5 years (been inactive at some points), have been reading it without an user, though had one called "maakas" a couple of years back. And I hang around google relating bitcoin articles too. I know little of TA, but as it has shown itself wrong so many times relating bitcoin, I don't have much trust in it when making my choices. One thing is for sure, when kwukduck appears with the doomsday posts it's buy time! Smiley

Thanks for showing interest, I love this community!
678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2018, 06:00:06 PM
I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

Many woulda-been, coulda-been Bitcoin millionaires become bitter, anti-Bitcoin zealots.

I got into the boat in 2013, but sold all my stash in 2015 because of reasons, would be a multi-millionaire now Smiley didn't get me bitter though, that's just life.

But back I am, hopefully smarter this time, started to rebuy in Nov 2017.




Thanks for this, good read.




I believe these past two pages are what r0ach has worked his whole life to achieve.

2 pages on the Wall Observer thread talking about him.

His work paid off.


I am truly sorry!
679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2018, 11:49:37 AM
I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.
680  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][TAY] Taylor - Smart Crypto Trading Assistant | ICO | Token Sale on: May 15, 2018, 04:05:39 AM
Beta was announced in the first Q, now it's moved to Q2 in the roadmap, when is it coming out?

Is this thing legit? Or are the developers in constant siesta? Smiley
it's only been half a second quarter so they still have plenty of time, so it's too early for us to worry.

It was announced Q1 at first which is very much over. Now it's moved to Q2 and honestly I can't see them coming through with it now either.
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