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

[criptix]

Life without women would be a pain in the ass, literally.

Rapi.... racist lmao

[Dekker3D]

Somehow these funds going to altcoins are preventing the btc price to rise. They probably are waiting for the consensus as well before they inject funds into btc.

[julian071]

winning at being #faggots...

Every time, every day

dud, you are not here to talk about the off topic here, we are here to speculate the bitcoin price, fag.
by the way bitcoin has no volatility as of now. lmao.

Hahaha you're supergay! Closeted, I suppose? Dare to live your life man, there is absolutely no shame in being gay! You'll be sorry later if you don't allow yourself to express who you really are. Just be free.

Ontopic: now that's a really silly remark, about no volatility. UP TIL now there has been little volatilty if you look back a short timeframe. There will be huge volatility. I'm personally waiting for BTC price to drop below 150 € to get back in. If BTC does recover after that, moon.

[ChartBuddy]

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[Elwar]

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gimme more information about the bitcoin market, bot. you are not here just for those finex and bitstamp. why not for those chinese sites like Huobi? that's unfair to china. they have a better volatility, though they could be bumped in volume. these could only be considered as the top excluding those chinese sites.

The title of this thread is Wall Observer BTC/USD not BTC/CNY

[Fatman3001]

I send 0 fee transactions all the time and so far they've always* gone through, so there's definitely still a decent percentage of miners that accept them. The only time I pay a fee is if I'm using a web wallet or phone wallet where the fee is built in, or if I'm sending coin to an exchange to make a trade and time is of the essence.

[more anti-semitic crap]

For the record: Fuck you, roach!

We wrestle not against flesh and blood, Fatty, but against principalities, against the rulers of darkness, against spiritual wickedness in high places. The state of Israel is backed by Satan and everybody knows it.

I think you'll find most in this thread will just nod without a chuckle.

[Richy_T]

I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6n

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

WHat you think?

Definitely have some concerns with sidechains. They may be a valid use case but they are not Bitcoin (though they are being sold as if they are)  and are therefore a compromise. My biggest concern though is that they are being sold as a solution to a problem we are having but as yet, they are untested vaporware. Problems are not solved with promises. And when we do have them, there is the whole infrastructure thing.

Segwit feels like it is overly complicated for what it does and I suspect it doesn't bring the benefits claimed except for a relatively small proportion of users. If you don't want to keep all the data, just use pruning.

[BlindMayorBitcorn]

I send 0 fee transactions all the time and so far they've always* gone through, so there's definitely still a decent percentage of miners that accept them. The only time I pay a fee is if I'm using a web wallet or phone wallet where the fee is built in, or if I'm sending coin to an exchange to make a trade and time is of the essence.

[more anti-semitic crap]

For the record: Fuck you, roach!

We wrestle not against flesh and blood, Fatty, but against principalities, against the rulers of darkness, against spiritual wickedness in high places. The state of Israel is backed by Satan and everybody knows it.

I think you'll find most in this thread will just nod without a chuckle.

It makes the lamb cry.

[ChartBuddy]

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[aztecminer]

any idea where i can sell 40btc at preev price?

transfer to me should be by bank transfer.

also, i agree with a statement made up the post. i am going to sell 40btc and keep 150btc. i do have a feeling that it might go up but i have to save my ass from getting burned too much of what i can afford to.

yeah.. wise.. only keep in what u can afford to lose... bitcoin cannot scale ... and they have had months to talk about it..... that makes it a real risk .

[peonminer]

I send 0 fee transactions all the time and so far they've always* gone through, so there's definitely still a decent percentage of miners that accept them. The only time I pay a fee is if I'm using a web wallet or phone wallet where the fee is built in, or if I'm sending coin to an exchange to make a trade and time is of the essence.

[more anti-semitic crap]

For the record: Fuck you, roach!

We wrestle not against flesh and blood, Fatty, but against principalities, against the rulers of darkness, against spiritual wickedness in high places.

The state of Israel is backed by Satan and everybody knows it.

[rich93]

I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6n

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

WHat you think?

Definitely have some concerns with sidechains. They may be a valid use case but they are not Bitcoin (though they are being sold as if they are)  and are therefore a compromise. My biggest concern though is that they are being sold as a solution to a problem we are having but as yet, they are untested vaporware.

Bitcoin was hacked very early on, and any new additions to its ecosystem need extreme testing before they are incorporated in case they introduce weaknesses. Vaporware cannot be tested until it's completed, and its inventors shouldn't be arguing for its inclusion until they have the let others do extreme testing on the completed code to find any weaknesses they may have missed. Exchanges get hacked and the hackers responsible will go after sidechains.

[aztecminer]

i think bitcoin has become the boring cryptocurrency, bored to death

they cant go up or down.. they have the halving, yet bitcoin cannot scale.. we went from xt fork early this year to talk of BTC and BTCC on same exchanges .. its getting more and more ridiculous each day.

[nor9865]

www.Circle.com or www.Coinbase.com are easy solutions with minimal to no fees. You can also use www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.

I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.

ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..

I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.


I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.

I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.


You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.  

I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.

You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.

oh right, no i dont mind disclosing, its considered as informative.

100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290

thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.

So your average buy in price is quite a bit less than what I had initially thought that you had said..

Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.

Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation.  

One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).

But that is a personal choice.

It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400).  

Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings.  

You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...

Anyhow, ultimately, the choice is yours to make in light of your total circumstances.

By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.


 

you are totally on target about what i am planning to do. but i have to say if this is a plan of the whale then the scenario has already been made once. remember it reached a top high $320 and then drop to $220 (thats when i thought it was wise to buy fast)
then few months later it topped over $400.

now, i am not saying i should not cashout, but like you said, cashing out a small considerable amount to keep the cash in liquid money and able to do something about it is not a bad idea. i actually like your reasoning and you have been speaking my mind out.

few hours from now, i am going to sell 35 btc at $400 per btc. but the minimum buying is 1btc and not less.

if i do happen to do it, ill let you know. but if i dont you will see me speculate about probable positivity on the thread again lol.


edit : if any of you have a good reliable idea or exchanger i can cash out 35btc at once. let me know.

[aztecminer]

CRYPTO IS DONE

"Trade with caution." https://twitter.com/krakenfx/status/692197955709837313

[simmo77]

Life without women would be a pain in the ass, literally.

Speak for yourself... :p

[lemmyK]

http://www.telegraph.co.uk/finance/oilprices/12120946/Opec-pleads-for-Russian-alliance-to-smash-oil-speculators.html
http://www.zerohedge.com/news/2016-01-25/chinese-rush-buy-foreign-assets-mammoth-1-trillion-capital-flees-country

China Warns Soros Against Starting A Currency War: "You Cannot Possibly Succeed, Ha, Ha"

Yes, “ha, ha.” Although there’s nothing funny about the $1 trillion in capital that fled the country in 2015 on the heels of the PBoC’s bungled effort to “manage” a controlled devaluation of the yuan.

  merely shows how `strong` the Chinese economy is

[Fatman3001]

I send 0 fee transactions all the time and so far they've always* gone through, so there's definitely still a decent percentage of miners that accept them. The only time I pay a fee is if I'm using a web wallet or phone wallet where the fee is built in, or if I'm sending coin to an exchange to make a trade and time is of the essence.

[more anti-semitic crap]

For the record: Fuck you, roach!

We wrestle not against flesh and blood, Fatty, but against principalities, against the rulers of darkness, against spiritual wickedness in high places. The state of Israel is backed by Satan and everybody knows it.

@BMB You see?

[8up]

Next - we'll see a consolidation @around $440

[ChartBuddy]

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