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

[HairyMaclairy]

Once the exchanges start using lightning to send BTC between them, it’s game over for many altcoins.

Hmm. How often do you suppose exchanges send BTC between each other today?

My comment could have been worded better.  

It’s game over for many altcoins when exchanges allow users to send BTC between exchanges using lightning.  BTC is already the reserve currency.  Things like Raiblocks will be smashed if lightning is instant and free.  

[HairyMaclairy]

Not a guppy, krill.   Whale food. 

[jojo69]

oooooh, another shot at the bottom

[rezurect007]

Does anybody know a mempool visualizer which can show thebelow:
https://pbs.twimg.com/media/DUCmEfJX4AA1W78.jpg[/img]

https://pbs.twimg.com/media/DUBvft7XcAAxvoE.jpg[/img]

https://dedi.jochen-hoenicke.de/queue/#24h

Thanks much @Last of the V8s

[rezurect007]

A tiny flat top on the bitfinix 1h chart...


tiny fake wall @14k


first red on 6h.
RSI overbought.
Small dip incoming.

Called that dip correctly.
15k to 11.6k.

Fake wall @12.5k
Expecting a retest of 10700

1500 BTC fake wall @ 11k
I believe we will go down to retest 10700 in the short term

Took 3 weeks to test 10900, close enough i guess.

Next stop 9k.. Its going to be slow and painful.

HODL.Perma bull.

Current Price 11.1k
Im calling: ~8700 within this week
Set buy from 9.5k till 8.5k.

[JayJuanGee]

Maybe you have just described why you are such a fucking loser?

Anyone posting to this thread, coming in here acting all like King Shit of Fuck Mountain, HODLing less than 1 BTC, needs to be summarily laughed out of here.

Lord Almighty that guppy needs some perspective.

I try to be nice to peeps who do not have much money to invest, and if you do not have a lot of money to invest it can take a long time to build up your BTC allocation and your strategy and sometimes to learn as you go along.  So, yeah, you better be fucking humble if you are such a small potato, and you are a relative newbie to this whole scene.

On the other hand, if you have more money, then you can take a larger stake, right away, and you are likely more experienced too - but even though it can be risky to take too big of a stake all at once.

When I started buying BTC in November 2013, I had a decent amount of money in other investments, but I still took a relatively conservative approach to my BTC investment that ended up taking me nearly a year to establish my initial BTC stake, and to really feel that I had a decent BTC stake (and comfortable for me, personally). 

However, even by then end of 2014, after I had taken my initial BTC stake I continued to attempt to learn about BTC and to attempt to play around with my BTC strategy in terms of continued DCA accumulation and later BTC trading to protect myself better from downside volatility (while attempting to profit from expected ongoing volatility), yet one of the main differences of already having the feeling of having a sufficient BTC stake, was that after reaching that sufficient stake status, I felt a bit less urgency and anxiety in terms of anything that I did in regards to BTC because I had at least taken care of one portion (establishing a sufficient stake to feel prepared for upside).

So, I suppose my "sufficient stake" has always been the HODL portion of my BTC, and the never invest more than you are willing to lose (that i was willing to lose because of the way that i had invested it).  That portion of my BTC that have just held are still used as a measure of my overall approach yet the post October 2015 increase in value of that HODL portion has also allowed for more risk taking from me in other regards.

[Last of the V8s]

https://www.youtube.com/watch?v=forJzdPI7QM
Jordan Peterson on BBC Radio 5 live Afternoon Edition 15/01/2018
better interviewers

[jojo69]

[svdleer]

oooooh, another shot at the bottom

Again all alts are also down massive. what the fuck is going on this time.

[thrax]

oooooh, another shot at the bottom

Again all alts are also down massive. what the fuck is going on this time.

When bitcoin dips almost everything else dips, and bitcoin has dipped a little during the last few hours. It's a good time to buy.

[Last of the V8s]

http://bitcoin.zorinaq.com/price/
nice toy

[Last of the V8s]

[Enjel]

As I see it - whales do money if it is dipping, and if it is going up

There is no exchange with my fiat that I could win in daytrade.


I bought btc back but I see it will dip for sure - but at my exchanges there is so low volume and bot manipulation that even If i sell and buy back at night when it will be low - still I wont be +

And no one here have shown me any good reason/evidence that Hodling = winning

If you holdl from january 2013, you make about a 1000x in 5 years.

This is a good reason/evidence.

So you want to say that Bitcoin will never drop? Please in whole history of stock - find me company or anything that never ever dropped? Please


Sorry but I am not rich - no one gave me anything. Right now I will try on 0.175btc and HODL not looking on the price. If it goes up for uptrend I buy more. If it goes down - oh well that wasn't so much.

Maybe you have just described why you are such a fucking loser?

You are too scared, you lack confidence in bitcoin and it looks like you engage in the opposite practice of what you should be doing.


You seem to be buying on the way up and selling on the way down.   Instead you should be buying on the way down and selling on the way up.  

I actually do this, but I don't understand why "buying on the way down, selling on the way up" is better than vice versa.

Right now, I keep a base/starting value (edited occasionally) for some of my coins, and if the price increases by "x" amount, then for every "y" increase after I sell "z" percentage of my gains at market value, and "z" depends on bull or bearish sentiment that I feel.

Similar principle for buying on the way down.

Why is this better than doing the other way around though?

[J. Cooper]

oooooh, another shot at the bottom

Again all alts are also down massive. what the fuck is going on this time.

When bitcoin dips almost everything else dips, and bitcoin has dipped a little during the last few hours. It's a good time to buy.

It only demonstrates how strong and dominant Bitcoin still is in the current markets. People who claim Bitcoin is being dethroned can steaight up fu** outta here. Be greedy when others are fearful and fearful when others are greedy. Now's the time to be greedy.

[itod]

I actually do this, but I don't understand why "buying on the way down, selling on the way up" is better than vice versa.
...
Why is this better than doing the other way around though?

If you do it the other way around, "buying on the way up, selling on the way down", you would be buying on the higher price and selling on the lower and be in a loss. Isn't it obvious? When you "buy on the way down, sell on the way up" you actually have a profit at every cycle.

[infofront]

The lastest from Masterluc:

Question:
In past posts, you wrote that the price can hit low, and you advised to buy bottoms down to 8k.
Is the scenario of dropping to 8k still in force?

Answer:
I do not exclude that possibility. But on the wave like a zigzag correction passed.

I think he's saying that a drop to 8K would invalidate his Elliot Wave count. Given his history of correct Elliot wave counts to date, that's quite unlikely.

[pera]

I wonder what explains the difference between these two trends during the last couple of months.

[serveria.com]

The lastest from Masterluc:

Question:
In past posts, you wrote that the price can hit low, and you advised to buy bottoms down to 8k.
Is the scenario of dropping to 8k still in force?

Answer:
I do not exclude that possibility. But on the wave like a zigzag correction passed.

I think he's saying that a drop to 8K would invalidate his Elliot Wave count. Given his history of correct Elliot wave counts to date, that's quite unlikely.

In his last prediction he didn't even mention 8K. Lowest he mentioned was 9K.

[jojo69]

I wonder what explains the difference between these two trends during the last couple of months.

uhhhh

nineteen THOUSAND fucking dollars?

[Torque]

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https://medium.com/@peter_r/bitcoin-unlimited-is-hiring-a-web-developer-4b772e6968b5

Open source projects are supposed to be volunteer. I guess that one is closed source.