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

[JayJuanGee]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  


Regarding, "get a life"  Yes, we each have lives and we choose how to spend our lives, and part of my life, at the moment includes posting on this forum and responding to relevant issues... and attempting to contribute to the forum (thread) in a productive direction.

[mmitech]

This is looking like a 2012 after 2011 bubble, while the infrastructure was not there for the last year valuation ($1200 bubble ) I thought somehow the price will hold for it to catch up..... but it seems that I was really wrong.

I also thought that there will be a bubble between May and the half of June so I kept holding, I bought most of my coins between $10-100 and did cash just small amount of it at the December bubble, bet hell I wont be greedy and watch the price fall even further, I sold Half of my holdings yesterday, This will give me a free couple of years vacation...

Are you keeping your vacation stash in a euro area bank and if so are you worried about the EU wide stress tests coming up this year.

only if you have more than €100K in one bank account.

[darlidada]

Just remindin y'all: The monkey is still planning to reverse his daily basis btc short to a long position 3 days hence.

Monkey advises holders to hold, traders to trade, and haters to hate, that the cup be filled.  Drinking comes later.  He said this while seated in lotus position, and I could almost have sworn that there was a 2cm air gap between him and the floor.

thanks for your monkey tips! we all appreciate it! but what about people who are thinking about reloading? if the monkey reverse his short to a long position, i assume its a good entry point right?

also what's your take on the auction? do you think the market misinterpret its meaning ? as the coins are clean, it may be an excellent entry point for companies or institutional / financial firms - would they not pay a premium for these coins?

[Dragonkiller]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.   

There is always a trade-off between current enjoyment and future enjoyment. Different people have different discount rates.

[mmitech]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  


Regarding, "get a life"  Yes, we each have lives and we choose how to spend our lives, and part of my life, at the moment includes posting on this forum and responding to relevant issues... and attempting to contribute to the forum (thread) in a productive direction.

I have it in my bank account where I pay my bills and pay for goods with €.... 

[dakota neat]

Nice buying opportunity. I predict an uptrend starting next week, which will cut through magic 666 like butter and leveling out at 800 until middle of july.

[adamstgBit]

the spring is loaded, extreme bitonic energy building, get on the rocket ship, get on now!

[meanig]

This is looking like a 2012 after 2011 bubble, while the infrastructure was not there for the last year valuation ($1200 bubble ) I thought somehow the price will hold for it to catch up..... but it seems that I was really wrong.

I also thought that there will be a bubble between May and the half of June so I kept holding, I bought most of my coins between $10-100 and did cash just small amount of it at the December bubble, bet hell I wont be greedy and watch the price fall even further, I sold Half of my holdings yesterday, This will give me a free couple of years vacation...

Are you keeping your vacation stash in a euro area bank and if so are you worried about the EU wide stress tests coming up this year.

only if you have more than €100K in one bank account.

My advice to you is spend it quick and enjoy.

Force majeure will become a common phrase after the stress tests are done.

[BitChick]

the spring is loaded, extreme bitonic energy building, get on the rocket ship, get on now!

Right!?  Looking at Bitcoinwisdom this is looking eerily similar to September 29th, 2013.  I would almost say this drop is crazy bullish based on the way bubble cycles work.  This little dip, test, or whatever you want to call it, is just what we need to spring the launch to the moon.  

[PoolMinor]

Look what I found. 

[JayJuanGee]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.   

There is always a trade-off between current enjoyment and future enjoyment. Different people have different discount rates.

Actually I have NO problems with people making choices for themselves about when to pull out or what is their risk/diversification tolerance(s).

MMItech's plan, on the other hand, seems to assume that his risks would be better diversified with half of his BTC stash in some NON-BTC investment (and spending it), but he never really stated what that was. He merely stated that he was going to spend his money for two years, which does seem like a form of blind bragging. 

And I was merely attempting to question what was his plan, and maybe I could have asked my question(s) more clearly or more politely (but seemingly bragging responses do kind of irk me a bit)? 

Anyhow, if one assumes that BTC is going to be stagnant for two years, then it would be prudent to pull out two years worth of spending,  but a prognosis of flat or down turned BTC prices seems a pretty improbably direction of BTC prices, and just an excited utterance to do something based on emotions of the moment rather than really having a decent plan (or at least sharing aspects of the plan wiht us).... ...

[ChartBuddy]

Explanation

[JayJuanGee]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  


Regarding, "get a life"  Yes, we each have lives and we choose how to spend our lives, and part of my life, at the moment includes posting on this forum and responding to relevant issues... and attempting to contribute to the forum (thread) in a productive direction.

I have it in my bank account where I pay my bills and pay for goods with €.... 

The best of my current bank accounts only pays about 1% interest, and possibly you could get 3 or 4% if you have some kind of premium bank account and if that is what floats your boat, then who am I to say?

[mmitech]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.   

There is always a trade-off between current enjoyment and future enjoyment. Different people have different discount rates.

Actually I have NO problems with people making choices for themselves about when to pull out or what is their risk/diversification tolerance(s).

MMItech's plan, on the other hand, seems to assume that his risks would be better diversified with half of his BTC stash in some NON-BTC investment (and spending it), but he never really stated what that was. He merely stated that he was going to spend his money for two years, which does seem like a form of blind bragging. 

And I was merely attempting to question what was his plan, and maybe I could have asked my question(s) more clearly or more politely (but seemingly bragging responses do kind of irk me a bit)? 

Anyhow, if one assumes that BTC is going to be stagnant for two years, then it would be prudent to pull out two years worth of spending,  but a prognosis of flat or down turned BTC prices seems a pretty improbably direction of BTC prices, and just an excited utterance to do something based on emotions of the moment rather than really having a decent plan (or at least sharing aspects of the plan wiht us).... ...

I follow a risk management where bitcoin failing and going to zero is a possibility. and again I did answer your question but you seem to be ignoring it....

[ChrisML]

the spring is loaded, extreme bitonic energy building, get on the rocket ship, get on now!

Get to da CHOPPA, get to it, NOAW.

[mmitech]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  


Regarding, "get a life"  Yes, we each have lives and we choose how to spend our lives, and part of my life, at the moment includes posting on this forum and responding to relevant issues... and attempting to contribute to the forum (thread) in a productive direction.

I have it in my bank account where I pay my bills and pay for goods with €.... 

The best of my current bank accounts only pays about 1% interest, and possibly you could get 3 or 4% if you have some kind of premium bank account and if that is what floats your boat, then who am I to say?

BTW, I dont take the interest that the bank gives me, this is against my believes and it is called riba

[Gingermod]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  


Regarding, "get a life"  Yes, we each have lives and we choose how to spend our lives, and part of my life, at the moment includes posting on this forum and responding to relevant issues... and attempting to contribute to the forum (thread) in a productive direction.

I have it in my bank account where I pay my bills and pay for goods with €.... 

The best of my current bank accounts only pays about 1% interest, and possibly you could get 3 or 4% if you have some kind of premium bank account and if that is what floats your boat, then who am I to say?

BTW, I dont take the interest that the bank gives me, this is against my believes and it is called riba

Pretty stupid of you.

[mmitech]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  


Regarding, "get a life"  Yes, we each have lives and we choose how to spend our lives, and part of my life, at the moment includes posting on this forum and responding to relevant issues... and attempting to contribute to the forum (thread) in a productive direction.

I have it in my bank account where I pay my bills and pay for goods with €.... 

The best of my current bank accounts only pays about 1% interest, and possibly you could get 3 or 4% if you have some kind of premium bank account and if that is what floats your boat, then who am I to say?

BTW, I dont take the interest that the bank gives me, this is against my believes and it is called riba

Pretty stupid of you.

yea sure, being Muslim is stupid

[JayJuanGee]

.................

. but you do NOT really  have much of a plan for where you are going

wtf? he is running to the hills, why so annoying?

morrowind, elder scrolls?

get a life.

He said that he cashed out half of his BTC yesterday b/c he has a plan to play with the proceeds for two years.  I said that his plan seems to be very short sighted, especially given the likely direction of BTC in the next six months.  Therefore I asked him where he planned to put his investments, and he failed/refused to answer, and instead stuck to his original framing about how wonderful he is., etc etc etc.. for making so much money, while he left quite a bit on the table through neglect and/or lack of foresight, so it seems.

other posters mentioned morrowind and elder scrolls.... b/c I do NOT know WTF are morrowind and elder scrolls... even though those topics may be relevant.  

There is always a trade-off between current enjoyment and future enjoyment. Different people have different discount rates.

Actually I have NO problems with people making choices for themselves about when to pull out or what is their risk/diversification tolerance(s).

MMItech's plan, on the other hand, seems to assume that his risks would be better diversified with half of his BTC stash in some NON-BTC investment (and spending it), but he never really stated what that was. He merely stated that he was going to spend his money for two years, which does seem like a form of blind bragging.  

And I was merely attempting to question what was his plan, and maybe I could have asked my question(s) more clearly or more politely (but seemingly bragging responses do kind of irk me a bit)?  

Anyhow, if one assumes that BTC is going to be stagnant for two years, then it would be prudent to pull out two years worth of spending,  but a prognosis of flat or down turned BTC prices seems a pretty improbably direction of BTC prices, and just an excited utterance to do something based on emotions of the moment rather than really having a decent plan (or at least sharing aspects of the plan wiht us).... ...

I follow a risk management where bitcoin failing and going to zero is a possibility. and again I did answer your question but you seem to be ignoring it....

In a subsequent post you answered more of my question(s), and I have NO intent to ignore any of your response (on purpose), to the extent that any details are provided.  

Additionally, I have NO problem with each of us establishing a plan with which we are comfortable.  I am NOT really very clear about your plan, and I do NOT necessarily need to know many details - especially, if you are reluctant to share such.  Further, I have made my various points of concern regarding what I understood about your plan in my previous posts, and if you are comfortable that your plan is adequate, then so be it, for you.

By the way, I agree with you point about the considerations being greatly different for investors depending upon their average BTC buy-in price... and a guy in the red will be considering the matter differently from a guy in the black and a guy who is in the black by 10% will be thinking differently from a buy who is in the black by 4,000% or some other such number.  I do NOT concede that percentage ahead or behind completely changes the analysis, but it does bring additional considerations to any such analysis about how to proceed.

[Gianluca95]

Heavy manipulation going on

Manipulation is normal in Bitcoin, but we need to control that.

No, Bitcoin, actually is Manipulation !

A simple investor, which have only 10.000 BTC can manipulate market with a great facility !

A year ago, about 100,000BTCs where needed for such an achievement.
By this time next year, only about 1,000BTCs will also do the same job.
By 2016...

By 2016 there will be many manipulator, because for the law of numbers, there will be suffice only 1 BTC