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

[JayJuanGee]

How many hodlers actually have less coins than they did four years ago? .

Corrections are a necessary evil, and whilst I hate seeing the value slashed, I don’t particularly worry about it.

In 2014, I was underwater by 60% and threw ‘good money after bad’... and bought some more Bitcoin and a bit of Monero (which was around 40 cents)!

Still waiting for the real dip.... muhahahaa (or weeeee x if I quote Gembitz)

Yep... exactly...

I had some spike periods of being greater than 60% in the red, too.. and just continued to dollar cost average into bitcoin, and currently, I have maintained my BTC investment around 89% bitcoin and 11% fiat... yet the 11% amounts to nearly 2x of the amount of my overall original investment.. furthermore, I will use that 11% fiat to buy back bitcoin, in the event that we experience any kind of decent sized correction.. but, even assuming that my 11% fiat is still totally invested into bitcoin, feels really good to have so much extra fiat that really amounts to more than 12x of profits under any even worse case scenarios... or cushion or whatever kind of flexibility, even if BTC prices fall to $2k or below, still a lot of profits, there. 

I am still considering that less than $2k is pretty unlikely, and we are likely to get considerable UPwards price movement first...

or maybe phrase this in another way.. $15k and above seems more likely to be reached first before $4k or below.. but I do feel pretty prepared (currently) for price movements in either direction.

[BTCMILLIONAIRE]

1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski

Easy. #1 because with my 3 BTC I will soon be able to do #2 and #3 (and be left with more than 2 BTC)...

#2 you get to buy 2.5 BTC which is only half a BTC short of #1 in the first year alone, which is just about to end. Going to end up with more Bitcoins with #2, especially if you reinvest.

Well, 2017 is out, tulip money will come after you sell them. By that time you will barely be able to buy 1 BTC with that money. The following year it will be 0.1 BTC, the one after that 0.01 BTC, ad infinitum. With option #2 you'll end up with exactly 1.111... BTC, according to my calculations.

2017 is almost out, so we're getting 2.5 BTC in the first year and who knows what in the second year. Keep in mind that the tulip field is also real estate which is bound to have quite some value. Might even want to consider just selling it for more Bitcoin than #1 anytime before or after the first round of profits.

[ironhide0991]

Full day without buying bitcoin. Coinbase, get your s*** together already.
 

[ironhide0991]

1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski

 

I'll go with the first option.
The other 2 will follow eventually.

[Arriemoller]

Fact: carbon based life forms are poorly equipped to survive the pressures of space.

How can there be pressure in vacuum?

[BTCMILLIONAIRE]

Full day without buying bitcoin. Coinbase, get your s*** together already.
 

Is that why Bitcoin is dying to only ~$10k?

[Torque]

thus, the main question from them...with crypto as a 'backstop' was how will I handle it when it goes Tulips?

alas, they are still not on board, getting any....themselves

progress though....by tulips...they see it dumping to 2-3k, so hey I will take what I can get...not going completely to zero

eventually, fomo, will wear everyone down to getting crypto...especially if ETF's ever come to pass...

Funny how all these finance guys keep thinking that you've bought tulips, and that you've always bought them at some high-ish level in a bubble that's clearly going to pop. They think this no matter when you bought bitcoin.

Like bitcoins are hot potatoes that if you were stupid enough to buy, you need to dump them fast and make profit before your hands get burned.

Then these same guys extol the virtues of having your wealth in the U.S. stock market, which is currently in the most overvalued territory it's ever been in history.

I've never seen anything like this in all my years.

[BTCMILLIONAIRE]

thus, the main question from them...with crypto as a 'backstop' was how will I handle it when it goes Tulips?

alas, they are still not on board, getting any....themselves

progress though....by tulips...they see it dumping to 2-3k, so hey I will take what I can get...not going completely to zero

eventually, fomo, will wear everyone down to getting crypto...especially if ETF's ever come to pass...

Funny how all these finance guys keep thinking that you've bought tulips, and that you've always bought them at some high-ish level in a bubble that's clearly going to pop. They think this no matter when you bought bitcoin.

Like bitcoins are hot potatoes that if you were stupid enough to buy, you need to dump them fast and make profit before your hands get burned.

Then these same guys extol the virtues of having your wealth in the U.S. stock market, which is currently in the most overvalued territory it's ever been in history.

I've never seen anything like this in all my years.

Humanity in a nutshell. I have yet to find any aspect of it which doesn't roughly follow this kind of pattern.

[vroom]

thus, the main question from them...with crypto as a 'backstop' was how will I handle it when it goes Tulips?

alas, they are still not on board, getting any....themselves

progress though....by tulips...they see it dumping to 2-3k, so hey I will take what I can get...not going completely to zero

eventually, fomo, will wear everyone down to getting crypto...especially if ETF's ever come to pass...

Funny how all these finance guys keep thinking that you've bought tulips, and that you've always bought them at some high-ish level in a bubble that's clearly going to pop. They think this no matter when you bought bitcoin.

Like bitcoins are hot potatoes that if you were stupid enough to buy, you need to dump them fast and make profit before your hands get burned.

Then these same guys extol the virtues of having your wealth in the U.S. stock market, which is currently in the most overvalued territory it's ever been in history.

I've never seen anything like this in all my years.

Bitcoin will be the safe heaven for the next stock market crash.  We will witness the first real hyper deflation, the moon is not the limit.

[ivomm]

BFX is 4% behind gdax! Even Bearstamp is 1% ahead of BFX!!!

[True Myth]

3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever.


1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski

 

Google searches for Emily Ratajkowski just spiked.  I may or may not have contributed.

[d_eddie]

3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever.

Pretty girl no doubt, but beauty never lasts forever. And even if it did, the average male mammal needs change at least once in a while. Ever felt abnormal desire for a woman, even if she's objectively less attractive than your wife/gf? I know I did. Uh, I mean, I do.

So if I had to choose a millionaire's dream, the only choice that would make sense for me in that slot would be

3) be able to pick a woman of the month (or in moderation: of the semester) from a panel of candidates guaranteed to contain at least one or two you consider quite attractive - even if not incredibly so as Emily or Miss Prettybutt (thanks, Lightfoot).

EDIT: Here's for posterity and reference.

[True Myth]

3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever.

Pretty girl no doubt, but beauty never lasts forever. And even if it did, the average male mammal needs change at least once in a while. Ever felt abnormal desire for a woman, even if she's objectively less attractive than your wife/gf? I know I did. Uh, I mean, I do.

So if I had to choose a millionaire's dream, the only choice that would make sense for me in that slot would be

3) be able to pick a woman of the month (or in moderation: of the semester) from a panel of candidates guaranteed to contain at least one or two you consider quite attractive - even if not incredibly so as Emily or Miss Prettybutt (thanks, Lightfoot).

Now you're just being greedy!

[Bapt07]

H&S + inverted cup&handle + (bearish) flag.
Down to 9500$, 9250$.

8500$, eventually.

Same vision here, we've completed the H&S, maybe experience the pullback and then the drop.
Heading to 8300-8500 seems plausible.

My 2 sats TA

[Ibian]

If you had to pick one, which one would it be:

1) Hold 3 BTC with the potential it being worth $100.000s or more in years time. You can spend it however you want but you cannot buy more BTC ever.


2) 20 Acres of Tulip fields. You can only use it to grow Tulips and sell them on in The Netherlands. Annual profit $25.000 but you don't have to do anything.


3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever.




1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski

 

That's a hard choice between 1 and 2. How about one bitcoin and half the amount of tulip fields?

[xhomerx10]

So Bitcoin is dead... what about Bitcoin talk?  Should I put the account on the block now ahead of the selloff?

[podyx]

Wow.. what is going on...

[Torque]

Not to sound bearish, but looking at the charts it's clear that the pump started in earnest on 11/24 @ ~$8200.

So we could end up revisiting that level at some point. Which would still be healthy and wouldn't end this upward trajectory.

Also, the conspiracist in me says that the pumpers planned to dump ahead of The Big Bang Theory episode. I guess they don't want 3M new Average Joes to jump in to bitcoin. Got to keep them far away. I'm sure the episode will paint Bitcoin in a bad light, like some sort of fly-by-night get rich quick scam...

[flynn]

Yep, we are poor again.

Fun to see BCH not going very well though.

[pfrtlpfmpf]

3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever.

Pretty girl no doubt, but beauty never lasts forever. And even if it did, the average male mammal needs change at least once in a while. Ever felt abnormal desire for a woman, even if she's objectively less attractive than your wife/gf? I know I did. Uh, I mean, I do.

So if I had to choose a millionaire's dream, the only choice that would make sense for me in that slot would be

3) be able to pick a woman of the month (or in moderation: of the semester) from a panel of candidates guaranteed to contain at least one or two you consider quite attractive - even if not incredibly so as Emily or Miss Prettybutt (thanks, Lightfoot).

To me she looks like she´s got a kick into her face, fat lip and all. No, she´s cool, but this is a beauty contest, no ?
And Salma Hayek has to big boobs.
Sorry, girls !
To much, is to much.