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

[Asrael999]

So, when are we going to hit $1,000,000?

BTC will be $1,000,000 at about the same time that a loaf of Wonder Bread costs $50.00. Which may be sooner than we all think..

That or we see John McAfee do something he claims he's not going to do by a certain year.

or craig wright is satoshi and on jan 1st 2020 has access to that blind trust with billions of bitcoin in it ..(as last man of the satoshi group alive) and he dumps it all
just to burn us all.....(this is how life usually works in the bitcoin universe ...weird as f*ck)

And then once they are all sold and the coins redistributed amongst many the price will recover and advance past wherever it was before the sale as that threat is now gone forever and cannot be repeated.

[1603176505]

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[marcus_of_augustus]

good lord

are we watching Ethereum die?

no, but the github furore over EIP 867 and developers parting ways is basically the opening salvo in what will most definitely be a civil war over the soul of the Ethereum project. The honeymoon is over for ethereum, it is the analogue to the moment when Andresen took on the rest of core bitcoin devs in Montreal in a breakout session ... and we got the "hardfork now" aka big-block civil war which ended with Bcash abomination fork and two coins.

It was kind of inevitable with the way Buterin has been playing fast and loose with the conflicted logic ... 'code is law' was his big selling pitch to the noobs and then he was pushing for state rollbacks and forks (ethereum classic) when outcomes don't suit him ... reality eventually meets individual destiny for those of the deluded socialist persuasion.

"Everybody's got their own shit." ~ Why socialism doesn't work.

[Ibian]

Perhaps, I may have to change my cashing out formula because the formula allows for my selling about 1% for every 10% price rise, so for example, if I start out with $100, and the price shoots up 10x, then I have cashed out about the equivalent of my original investment of $100 but I still have about 9x of the principle which is $900. The same thing is true for the next 10x and the next 10x, so if anyone follows such a formula, then he would not run out of BTC to sell in the event that the price continues to increase by 10x, yet he will have accumulated a lot of fiat, to decide whether to keep it for reinvesting (because I don't think that we ever go up a straight 10x without some kind of price correction in there) or to cash some or all of that fiat out.

Why cash out at all if you already have enough fiat?  Why not just ride the whole stack up?  

Because shit happens. And it allows for buying back lower down.

Finally, you stepped out of your race hating hut, and you proclaimed something that makes a whole hell of a lot of sense...

I had a quick flash thought of giving you a merit that dissipated quickly when I realized that I cannot give merits for just a string of one good post.  hahahahahaha   

Got nothing to do with hate.

[JayJuanGee]

Perhaps, I may have to change my cashing out formula because the formula allows for my selling about 1% for every 10% price rise, so for example, if I start out with $100, and the price shoots up 10x, then I have cashed out about the equivalent of my original investment of $100 but I still have about 9x of the principle which is $900. The same thing is true for the next 10x and the next 10x, so if anyone follows such a formula, then he would not run out of BTC to sell in the event that the price continues to increase by 10x, yet he will have accumulated a lot of fiat, to decide whether to keep it for reinvesting (because I don't think that we ever go up a straight 10x without some kind of price correction in there) or to cash some or all of that fiat out.

Why cash out at all if you already have enough fiat?  Why not just ride the whole stack up?  

Because shit happens. And it allows for buying back lower down.

Finally, you stepped out of your race hating hut, and you proclaimed something that makes a whole hell of a lot of sense...

I had a quick flash thought of giving you a merit that dissipated quickly when I realized that I cannot give merits for just a string of one good post.  hahahahahaha   

Got nothing to do with hate.

Maybe, for some strange reason, I was mixing you up with that bug?  I will try to pay closer attention in the future.

[Karartma1]

I gave a few merits over the last thread pages I read. Most of you gave me so many insights and we are going up! Nice weekend start.
Go Bitcoin Go and don't stop
https://www.youtube.com/watch?v=aNX_UCEzu7w

[600watt]

Perhaps, I may have to change my cashing out formula because the formula allows for my selling about 1% for every 10% price rise, so for example, if I start out with $100, and the price shoots up 10x, then I have cashed out about the equivalent of my original investment of $100 but I still have about 9x of the principle which is $900. The same thing is true for the next 10x and the next 10x, so if anyone follows such a formula, then he would not run out of BTC to sell in the event that the price continues to increase by 10x, yet he will have accumulated a lot of fiat, to decide whether to keep it for reinvesting (because I don't think that we ever go up a straight 10x without some kind of price correction in there) or to cash some or all of that fiat out.

Why cash out at all if you already have enough fiat?  Why not just ride the whole stack up?  

Because shit happens. And it allows for buying back lower down.

Finally, you stepped out of your race hating hut, and you proclaimed something that makes a whole hell of a lot of sense...

I had a quick flash thought of giving you a merit that dissipated quickly when I realized that I cannot give merits for just a string of one good post.  hahahahahaha   

Got nothing to do with hate.

Maybe, for some strange reason, I was mixing you up with that bug?  I will try to pay closer attention in the future.

better put him on perma-ignore. he is a pathological social darwinist that would have had his time in the 1930ies in germany, italy, austria, spain. he believes that the group he can be classified in (and that he was just randomly happened to be born in) is superior to other groups.  

[Ibian]

Perhaps, I may have to change my cashing out formula because the formula allows for my selling about 1% for every 10% price rise, so for example, if I start out with $100, and the price shoots up 10x, then I have cashed out about the equivalent of my original investment of $100 but I still have about 9x of the principle which is $900. The same thing is true for the next 10x and the next 10x, so if anyone follows such a formula, then he would not run out of BTC to sell in the event that the price continues to increase by 10x, yet he will have accumulated a lot of fiat, to decide whether to keep it for reinvesting (because I don't think that we ever go up a straight 10x without some kind of price correction in there) or to cash some or all of that fiat out.

Why cash out at all if you already have enough fiat?  Why not just ride the whole stack up?  

Because shit happens. And it allows for buying back lower down.

Finally, you stepped out of your race hating hut, and you proclaimed something that makes a whole hell of a lot of sense...

I had a quick flash thought of giving you a merit that dissipated quickly when I realized that I cannot give merits for just a string of one good post.  hahahahahaha   

Got nothing to do with hate.

Maybe, for some strange reason, I was mixing you up with that bug?  I will try to pay closer attention in the future.

better put him on perma-ignore. he is a pathological social darwinist that would have had his time in the 1930ies in germany, italy, austria, spain. he believes that the group he can be classified in (and that he was just randomly happened to be born in) is superior to other groups.  

Fake news.

[JayJuanGee]

Perhaps, I may have to change my cashing out formula because the formula allows for my selling about 1% for every 10% price rise, so for example, if I start out with $100, and the price shoots up 10x, then I have cashed out about the equivalent of my original investment of $100 but I still have about 9x of the principle which is $900. The same thing is true for the next 10x and the next 10x, so if anyone follows such a formula, then he would not run out of BTC to sell in the event that the price continues to increase by 10x, yet he will have accumulated a lot of fiat, to decide whether to keep it for reinvesting (because I don't think that we ever go up a straight 10x without some kind of price correction in there) or to cash some or all of that fiat out.

Why cash out at all if you already have enough fiat?  Why not just ride the whole stack up?  

Because shit happens. And it allows for buying back lower down.

Finally, you stepped out of your race hating hut, and you proclaimed something that makes a whole hell of a lot of sense...

I had a quick flash thought of giving you a merit that dissipated quickly when I realized that I cannot give merits for just a string of one good post.  hahahahahaha  

Got nothing to do with hate.

Maybe, for some strange reason, I was mixing you up with that bug?  I will try to pay closer attention in the future.

better put him on perma-ignore. he is a pathological social darwinist that would have had his time in the 1930ies in germany, italy, austria, spain. he believes that the group he can be classified in (and that he was just randomly happened to be born in) is superior to other groups.  

Hahahahaha... That's what I thought, but then when he said that he's "got nothing to do with hate," I was beginning to think that I might have mixed him up with someone else.. but you are correct that my memory seems to have been that I saw a lot of distracting nonsense coming out of his posts regarding race and IQ and some other nonsense, that I kind of generally referred to as hate, but maybe sometimes the haters don't realize that they are hating (because they happen to be so smart that it is merely an intellectual thingie-ma-jiggie)

[Last of the V8s]

such a cute coin

run by frauds

[Ibian]

Perhaps, I may have to change my cashing out formula because the formula allows for my selling about 1% for every 10% price rise, so for example, if I start out with $100, and the price shoots up 10x, then I have cashed out about the equivalent of my original investment of $100 but I still have about 9x of the principle which is $900. The same thing is true for the next 10x and the next 10x, so if anyone follows such a formula, then he would not run out of BTC to sell in the event that the price continues to increase by 10x, yet he will have accumulated a lot of fiat, to decide whether to keep it for reinvesting (because I don't think that we ever go up a straight 10x without some kind of price correction in there) or to cash some or all of that fiat out.

Why cash out at all if you already have enough fiat?  Why not just ride the whole stack up?  

Because shit happens. And it allows for buying back lower down.

Finally, you stepped out of your race hating hut, and you proclaimed something that makes a whole hell of a lot of sense...

I had a quick flash thought of giving you a merit that dissipated quickly when I realized that I cannot give merits for just a string of one good post.  hahahahahaha  

Got nothing to do with hate.

Maybe, for some strange reason, I was mixing you up with that bug?  I will try to pay closer attention in the future.

better put him on perma-ignore. he is a pathological social darwinist that would have had his time in the 1930ies in germany, italy, austria, spain. he believes that the group he can be classified in (and that he was just randomly happened to be born in) is superior to other groups.  

Hahahahaha... That's what I thought, but then when he said that he's "got nothing to do with hate," I was beginning to think that I might have mixed him up with someone else.. but you are correct that my memory seems to have been that I saw a lot of distracting nonsense coming out of his posts regarding race and IQ and some other nonsense, that I kind of generally referred to as hate, but maybe sometimes the haters don't realize that they are hating (because they happen to be so smart that it is merely an intellectual thingie-ma-jiggie)

Precisely. You "refer to it as hate". You are making shit up. Feelings over facts.

[fragout]

Huge sell walls up to $11100 on bitstamp but its being bought into at a steady pace. 1800btc atmo

[seljo]

OMG <3 bitstamp wall... aaaaand it's still there...

[fragout]

OMG <3 bitstamp wall... aaaaand it's still there...

The action is heating up. Well worth a look . Bear trap in progress at the moment . http://bitcoinity.org/markets/bitstamp/USD

[MERlT]

I gave a few merits over the last thread pages I read. Most of you gave me so many insights and we are going up! Nice weekend start.
Go Bitcoin Go and don't stop
https://www.youtube.com/watch?v=aNX_UCEzu7w

Good..good, let the MERIT flow through you 

[ivomm]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

[fragout]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

[Ibian]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

Pretty well, I imagine.

[thrax]

Huge sell walls up to $11100 on bitstamp but its being bought into at a steady pace. 1800btc atmo

Remember the bear whale's wall on bearstamp? Suppressing the price with walls doesn't always work.

[bitserve]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

It's probably Huobi cold storage:

https://bitcointalk.org/index.php?topic=2966235.msg30473511#msg30473511

[vroom]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

How would these guys sleep with ~1 billion usd on a bank account?