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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25463094 times)
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AlexGR
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February 22, 2018, 08:38:32 PM
Merited by Karartma1 (1)

with every fork on bitcoin the inflation rate is doubled, if they can lockstep the alt-fork coin prices to bitcoins they have pulled off a very effective dilution strategy to thwart bitcoins powerful deflationary attraction forces ... until bitcoin price dumps hard to purge the parasite bastards

With every fork, forks become increasingly meaningless... Wink
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Bloomie
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February 22, 2018, 08:48:30 PM

Why is everyone such a pessimist all of a sudden? Enjoy the sale and buy some more. We'll go back up eventually.
bitserve
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February 22, 2018, 09:07:33 PM

Why is everyone such a pessimist all of a sudden? Enjoy the sale and buy some more. We'll go back up eventually.

No. Bitcoin is dead. Face it.
bitcoinPsycho
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THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


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February 22, 2018, 09:09:30 PM

Why is everyone such a pessimist all of a sudden? Enjoy the sale and buy some more. We'll go back up eventually.
Id say 900% in one year is impressive. The positivity chart looking the best it ever has . OMG  
 $40000 before Christmas 2018 what the fuck
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February 22, 2018, 09:09:41 PM

with every fork on bitcoin the inflation rate is doubled, if they can lockstep the alt-fork coin prices to bitcoins they have pulled off a very effective dilution strategy to thwart bitcoins powerful deflationary attraction forces ... until bitcoin price dumps hard to purge the parasite bastards

With every fork, forks become increasingly meaningless... Wink

Agreed, after bitcoin gold i just couldnt keep track anymore, there is like 10+ now?

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February 22, 2018, 09:27:19 PM

Let me ask you a semi-personal question which is a kind of after-the-fact assessment regarding how you faired through our dip down to $6k?  Are you of the opinion that you largely ran out of money to buy BTC between $6k and $8k, even though you were able to buy some BTC in those price ranges?  Were you able to adjust some of your strategy in order to possibly better prepare in the future, or are you largely hoping that we are out of this downward price pickle?
I almost ran out. I kept placing buy orders hoping/thinking "it can't possibly go much lower than this". So I accumulated quite a bit (well, everything is relative) barely shy of selling grandma to buy moar.

Let me report my own personal scenario from the mid-September 2017 40% correction down from $4,980 to $2,970 - which was that after going through that situation, I had to readjust a considerable amount of my preparations, which actually caused me to oversell a bit from our BTC rebounding back up from $2,970, and really I did not feel that I completely recuperated until we started to break upwards back into new ATHs.. and then the icing on the cake restructuring came for me around 2x higher in the $10k arena and further more when we passed $15k which allowed a fuckload of restructuring and even added cockiness....
Good for you. I wasn't as forward-looking (or well funded?) as you, but I managed to do fairly well.

I was eating breakfast, and I realized that I had not responded to these two above points.  I think that it is fair to attempt to flesh out various ideas of downside price preparation a bit more.

d_eddie... You attribute my preparedness to my being "better funded;" however, I want to quibble a little bit with you on this point.

There may be some truth about the "well funded" aspect being attributable to BTC price accumulation over time - anc especially because I largely accumulated by the end of 2014... and I had been in more of a maintenance stage in 2015 and thereafter (even though many of us HODLers, never completely stop our attempts at accumulating).

What I am trying to say is that probably a more important aspect of preparedness is the factor of time rather than BTC wealth accumulation and if you were able to largely establish your position before August 2017, then you could have been in a position to profit almost as well as anyone because from August to December BTC prices went up about 7.5x from $2,600 to $19,666... so with preparedness, many of us could have been  "well-funded" from the August to December exponential price rise.  

So, ultimately, even though both funding and time are going on, I understand the problem of preparedness (or lack of preparedness) to be more of a time factor rather than a well-funded factor, because the longer that any of us are in bitcoin, then the more that any of us would have already been more strongly established into our positions, and therefore, had a pretty decent plan to sell our BTC on the way up in order to be "well-funded" and thus better prepared for down.

On the other hand, if you had only established your BTC position in mid-2017 or you were in the process of establishing your BTC position in mid-2017, including the run-up to $19,666 - you would have been filled with a larger percentage of FOMO that would have been fogging your willingness to prudently sell BTC on the way up in order to be better prepared for larger downward BTC price swings.

So, I think that the punchline point that I am trying to make here is an emphasis on time-in and practice and setting up your preparedness for both up and down, rather than whether you are going to be in a position to be "well-funded" when the rubber hits the road for such preparedness need.

d_eddie... I don't recall your situation?  Had you been "in" bitcoin before the registration of your current BTC_Talk account, or were you still in the process of establishing your BTC position in mid-to-late 2017?

Ultimately, any of these assessments about preparedness for BTC price swings in either direction and personal strategies to employ have to do with personal considerations regarding the degree to which you are in BTC accumulation or BTC maintenance - and clearly there are a combination of these that go on with individuals - including situations, like a sudden cash flow issue (either an emergency or an unexpected inheritance) that could change the degree to which any of us consider ourselves to be in BTC accumulation or maintenance... or another scenario would be if any of us were to know that either a major fiat bill is coming up or we will be coming into a major amount of money at a defined point in the near future, which could also cause any of us to re-assess which phase we are in at that particular time.
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February 22, 2018, 09:36:29 PM

Its ok lets send a car into space
That was a legit good thing. Colonizing space is the next big frontier, and we are one giant leap closer now.
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February 22, 2018, 09:47:10 PM

Its ok lets send a car into space
That was a legit good thing. Colonizing space is the next big frontier, and we are one giant leap closer now.

 Now all we need do is launch a house, a driveway and a family!

Edit:  maybe two families... It would be weird colonizing with just one.
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February 22, 2018, 09:52:12 PM
Last edit: February 22, 2018, 10:02:16 PM by Ibian

all whist billionaires are erecting needless or inane monuments. Sounds like the years leading up to the fall of empires.

Actually, I'm more annoyed by the fact that Bill Gates doesn't fkn know the going price of bananas. They are so out of touch with reality it isn't even funny.

While I don't care how billionaires waste their own money, I think that empires collapse because of things like this:
https://www.reddit.com/r/conspiracyundone/comments/7zawb5/why_are_the_taxpayerfunded_salaries_of_a/


obligatory reading, from a time before Marla was consumed by the darkness

On the Pensioning of Roman Veterans
The parallels to rome is one of the reasons I think we are in for one hell of a historical ride.

4000 years ago, in the fertile crescent. The babylonians, akkadians and whatever other people I can't be bothered remembering. They were the most advanced people in the world at the time, they communicated and traded with one another.

And then it all collapsed. Likely this is where the story of the tower of babel comes from.

2000 years later, the romans. Same deal, huge area with a civilized culture, riches and military might uncontested by anyone in the known world. And they collapsed.

2000 years have passed.
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February 22, 2018, 09:53:01 PM

If money printing presses send money to Central Banks, and CBs buy Amazon stocks, and Jeff Bezos uses that investment money to fund the clock, then....

yes it is. The public is paying for it one way or another.

Central banks buy Amazon stock? From Bezos personally?

I kinda doubt it. Try some other conspiracy route, maybe one that says we're all slaves or some such shit.
We just had that discussion the other day.

In fact, I'll just leave this here to add to it. https://www.youtube.com/watch?v=Xbp6umQT58A
DefendKebab
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February 22, 2018, 09:54:21 PM

Next stop 8.9k
orpington
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February 22, 2018, 09:58:19 PM

Next stop 8.9k

Don't forget to defend the kebab
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February 22, 2018, 10:00:58 PM

Next stop 8.9k

Don't forget to defend the kebab

Still defending every day against serbs.
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February 22, 2018, 10:16:35 PM

Next stop 8.9k

Don't forget to defend the kebab

Still defending every day against serbs.

Are you saying Serbs don't like kebab?
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February 22, 2018, 10:20:54 PM

I suppose that the fact that venezuela is going to use crypto to invalidate economical sanctions is pretty old, bit i read it now. If properly implemented this is a 100% popcorn event, any suggestion about how to see the show? (Links/news etc)?
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February 22, 2018, 10:23:46 PM

The parallels to rome is one of the reasons I think we are in for one hell of a historical ride.

4000 years ago, in the fertile crescent. The babylonians, akkadians and whatever other people I can't be bothered remembering. They were the most advanced people in the world at the time, they communicated and traded with one another.

And then it all collapsed. Likely this is where the story of the tower of babel comes from.

2000 years later, the romans. Same deal, huge area with a civilized culture, riches and military might uncontested by anyone in the known world. And they collapsed.

2000 years have passed.

Well, a "racist" might notice some funny (((coincidences))) in such historical cycles.

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February 22, 2018, 10:26:00 PM


Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno Sad
29/12/2018 cAPSLOCK  Sad
30/12/2017 digithusiast Sad
31/12/2017 Raja_MBZ Sad
01/01/2018 elg Sad
02/01/2018 wachtwoord Sad
03/01/2018 JimboToronto Sad
04/01/2018 d_eddie  Sad
05/01/2018 BTCMILLIONAIRE Sad
06/01/2018 HanvanBitcoin Sad
07/01/2018 ghandi Sad
08/01/2018 savetherainforrest Sad
09/01/2018 explorer Sad
10/01/2018 bicoinpsycho Sad
11/01/2018 Bitcoinaire Sad
12/01/2018 speedwheel Sad
13/01/2018 undeadbitcoiner Sad
14/01/2018 northypoale Sad
15/01/2018 ivomm Sad
16/01/2018 maca068 Sad
17/01/2018 bitcoinvest Sad
18/01/2018 last of the v8s Sad
19/01/2018 mfort312 Sad
20/01/2018 1982dre Sad
21/01/2018 flamast2 Sad
22/01/2018 RealMachasm Sad
23/01/2018 willope Sad
24/01/2018 kartala Sad
25/01/2018 orpington Sad
26/01/2018 rolling Sad
27/01/2018 LFC_bitcoin Sad
28/01/2018 jojo69 Sad
29/01/2018 CristiTCM Sad
30/01/2018 rayX12 Sad
31/01/2018 realsteelboy Sad
01/02/2018 twocorn Sad
02/02/2018 mancroofer Sad
03/02/2018 True Myth Sad
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05/02/2018 itod Sad
06/02/2018 scheptan Sad
07/02/2018 vapourminer Sad
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10/02/2018 AlcoHoDL Sad
11/02/2018 Dunkelheit667 Sad
12/02/2018 yonton Sad
13/02/2018 Wekkel Sad
14/02/2018 Thekool1s Sad
15/02/2018 starmman Sad
16/02/2018 Globb0 Sad
17/02/2018 leveldkrypto Sad
18/02/2018 olesh Sad
19/02/2018 BitCoinBurger Sad
20/02/2018 Paashaas Sad
21/02/2018 flynn Sad
22/02/2018 icygreen Sad
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK


JayJuanGee
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February 22, 2018, 10:26:35 PM

The earlier Finex get swatted and the happier I will be.
Until then, we are their bitches.




What the fuck you talking about with your bullshit nonsense?

Do you believe honey badger gives a shit about one or two exchanges? 

Do you recall in 2015 and 2016, the news across the forums and the mainstream media was that China controls the price of Bitcoin.. blah blah blah.. bullshit.

Do you recall in late 2016 and early 2017 when the Chinese government pretty much locked Chinese exchanges, and did honey badger give a shit?  Nope.

Honey badger left the chinese peeps having to chase the bitcoin train.. and only those Chinese players who had access to bitcoin in other ways (or did not sell their bitcoin) were able to profit during their being locked out through Chinese exchange avenues that had previously supposedly been controlling BTC prices...

and we found out



the were NOT.
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February 22, 2018, 10:29:05 PM

... if 10k doesn't hold we'll probably go back and test 5k support ... or maybe lower like 2500 area needs some backing and filling also

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February 22, 2018, 10:36:26 PM

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