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

[JayJuanGee]

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

If you are 4 years in Bitcoin, you should be at least millionaire by now. Why are you discussing at crap level in the internet then? Just hire a hitman on that guy for pocket money

This forum can be used as a means to discuss various strategies when it comes to bitcoin investing - looking at short term or long term price dynamics, and of course from time to time, people are going to differ in their opinion and their approach.. some will be more and some will be less profitable, including strategies that might start out with greater or lesser levels of capitalization.

Some folks participate in this thread because they are trying to create price effect, rather than merely reading the effects, and some folks here find that kind of behavior annoying.

My buying and trading of BTC strategy has been doing pretty well for me, but I am still ready, willing and able to learn from others, and willing to share information about my strategies and experiences, too...

I <3 your avatar text...

I am actually around 2 to 3% too, yet I think that I am creating a bit of a trick question with the concept of "needed" since there are so many alt coin pumpers who try to suggest diversification within crypto is "needed" .. but really they are frequently diluting their bitcoin holdings with a bunch of shit.

Exactly, as out of app. 500 billion cap of all crypto, BTC has app 170 billion share at the moment. Imagine all those alts weren't existed at all and BTC would be much more worth in value.

Would like to see that calc if someone can offer?

And one other thing, please don't throw up, saw somewhere ICO market cap is currently 9 billion (all above in $US)...

I am not really against investing in various alts or ICOs; however, I think that one of my BIG beefs and motivation for my slogan is that a lot of peeps seem to get misled into some kind of crypto diversification approach right from the start of their investment, and they don't know shit about anything that they are investing into and just throwing wet noodles at the wall and hoping that some of them stick.

So, in fact, if you know how to focus, then you might be able to choose a few alts and do really well for yourself in the short term, but if you are blindly investing, and you don't really know, then it is likely better to start with dollar cost averaging into bitcoin first.  Study up on it, and maybe diversify later, if you believe it could be helpful to you, and probably not with a large percentage - but instead keeping the vast majority in bitcoin.

A lot will depend on the individual, including the extent to which the individual has traditional investments, and also age plays some role too, even though youthfulness should still not give a complete license to being overly risky (though youthfulness does allow for some additional risks with the understanding that you have more time to make up for any shortfalls that might happen with risky investments that did not turn out good - but the goal should still be attempting to invest in profitable assets when possible and to attempt to learn how to do it better for your own situation rather than an initial blindness that might be true for most crypto newbies). 

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[JayJuanGee]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

I feel your pain my friend

Reminds me of this earlier thread of posts:

Well there goes the future of money.

Are we poor again?

[LFC_Bitcoin]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

My gf does it all the time too....’Bitcoin is obviously over, let’s sell everything now’ ..... ‘We should have bought that house for xxxxx outright with no mortgage when it was over $19,000 each’

Fucking women....I tell her to STFU & relax because I know bitcoin will make a lot of us here very wealthy.

[Rosewater Foundation]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

My gf does it all the time too....’Bitcoin is obviously over, let’s sell everything now’ ..... ‘We should have bought that house for xxxxx outright with no mortgage when it was over $19,000 each’

Fucking women....I tell her to STFU & relax because I know bitcoin will make a lot of us here very wealthy.

[Rosewater Foundation]

Your gf was right. We all shoulda sodl at $19,000. We trololololed ourselves.

[fabiorem]

Google trends says the interest in "crypto" is 7x what it was this time last year: https://trends.google.com/trends/explore?q=crypto

We need more grandmas and taxi drivers buying bitcoin.

Some might not like it, but bitcoin have no place for club mentality. For it to grow, it needs adoption, and to have adoption, it should not crash constantly, or it will scare people away from it.

[Rsiyz]

""""because I know bitcoin will make a lot of us here very wealthy"""   this is the biggest problem of all crypto

Selfish ego maniacs around  the world..  .... who are also present here with "legendary" acc.. 

Its just another "wallstreet" on stereoids. just another generation of psychopaths able to do everything for money without work.... now they sit in rooms in t-shorts

Crypto  is last chance for all this  ****   .. after will be only "bum bum"

[sirazimuth]

who is the retard buyin Viacoin lol

The interest in crypto is almost 0 right now

Ever notice when the tide goes out and all shitcoins are in a sea of red
on CMC, there’s always one solitary random shitcoin that’s green and up like 35%?
I guess today it’s Viacoin.
Yup..totally retarded.

[infofront]

""""because I know bitcoin will make a lot of us here very wealthy"""   this is the biggest problem of all crypto

Selfish ego maniacs around  the world..  .... who are also present here with "legendary" acc.. 

Its just another "wallstreet" on stereoids. just another generation of psychopaths able to do everything for money without work.... now they sit in rooms in t-shorts

Crypto  is last chance for all this  ****   .. after will be only "bum bum"

 

[Rosewater Foundation]

We need more grandmas and taxi drivers buying bitcoin.

No, we really don't. Hasn't CNBC already done enough damage?

[fabiorem]

No, we really don't. Hasn't CNBC already done enough damage?

Bitcoin was created to be a global currency. Deal with it.

[becoin]

""""because I know bitcoin will make a lot of us here very wealthy"""   this is the biggest problem of all crypto

Selfish ego maniacs around  the world..  .... who are also present here with "legendary" acc.. 

Its just another "wallstreet" on stereoids. just another generation of psychopaths able to do everything for money without work.... now they sit in rooms in t-shorts

Crypto  is last chance for all this  ****   .. after will be only "bum bum"

There are people even more stupid than that. There are people that stupid that they don't have any bitcoins.

[Rosewater Foundation]

No, we really don't. Hasn't CNBC already done enough damage?

Bitcoin was created to be a global currency. Deal with it.

I don't see it that way.

[sirazimuth]

We need more grandmas and taxi drivers buying bitcoin.

Who do you think bought all those $19,000 coins?

[fabiorem]

Who do you think bought all those $19,000 coins?

Grandmas and taxi drivers, who sold in panic after Wall Street dumped it.

[Rosewater Foundation]

Who do you think bought all those $19,000 coins?

Grandmas and taxi drivers, who sold in panic after Wall Street dumped it.

Wealth transferred from naive consumers straight into Wall Street's front pocket. This ain't what I signed up for.

[suchmoon]

We need more grandmas and taxi drivers buying bitcoin.

Who do you think bought all those $19,000 coins?

Hey, watch who you're calling grandma! 

[fabiorem]

Wealth transferred from naive consumers straight into Wall Street's front pocket. This ain't what I signed up for.

Me too. I only bought my first coin when I had a use case for it.

But what can we do about it? People keep saying those futures markets are good for bitcoin, that we need "legitimacy" and "recognition" by the authorities. The results are right there.

[infofront]

There is fairly strong support, depending on the charting methods used, at $9,700. This seems to be holding for now.
If the market were rational, it would soon realize that the dip was just an overreaction to a bunch of FUD...

[greensheep]

In my opinion we are in a cycle of <10k - 12k which is just repeating itself.

Which is great!