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Question: Is this the last time Bitcoin will be below $9,000?
Yes - 41 (37.6%)
No - 41 (37.6%)
I Don't Know - 27 (24.8%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21687578 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (147 posts by 36 users deleted.)
Wekkel
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yes


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October 11, 2018, 06:03:05 AM

Our assets are sore from too much correlation.


Seems to be a short term perception.

No one is fearful .. yet.

That’s why we are in the doll drums the last few months.
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JayJuanGee
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How much alt coin diversification is needed? 0%?


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October 11, 2018, 06:05:03 AM

If we can hold the $6k floor through to the end of January, then it’s on like Donkey Kong.

...and if we can't, a conservative short might be the ticket.


You are vocalizing this "shortie thingie ma jiggie" a lot, recently.  Getting me worried in a kind of maternal sense.


Don't worry mom, I always wear a condom.


Even with a condom on, the ride is still fun.

In more technical words: my condom long is still standing and suffering. I wish I could have closed it earlier, or nursed it to a lower entry.

However, my other, hedging, opposing position (which I won't name explicitly to avoid a worried maternal figure) has granted me a nice, uh, money shot. And it still has some juice. I've just placed a few take profit stops on the way back up, and a fat asset one lower than here.

I'm set up. I know the possible outcomes of this position. Peace of mind. No more compulsive price checking for a while. No thirst for gambling, though I might buy some moar physical coin if things go further south.

(I did gamble a bit a couple weeks ago, against BCH, and I won. I could have squeezed more out of it, but I acted conservatively.)

This (apart from the BCH gamble) has nothing to do with my hopes or beliefs. It's just that this system does work for me.

A key seems to be that you are finding a certain level of comfort with your approach - and you are able to stack from your various moves in such a way that you are not betting the whole house, but instead making various strategic incremental bets that you know could turn out either way, even though you have a hunch about a certain direction (which might be anywhere between 51% and 99% - likely closer to 51%) - while being prepared for the opposite which could be as high as 49% in accordance with the opposite end of your hunch (of course hunches are not just two ways, yet we know that there are only so many ways in which we can prepare, if we are preparing only a few legs at a time, and sometimes having to bail, cash out or reconsider in the middle of the first leg). 
criptix
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October 11, 2018, 06:11:02 AM

It was hilarious watching Bitmex casino bounce off $5800 while Stamp was at $6055.  There is some serious support down there.

Low on bitmex was 6005.

And i hate bitmex - because they earn 500 mil and still are offline at every big move lol...

When shit worked again we were already like at 6170 or so -_-
JayJuanGee
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How much alt coin diversification is needed? 0%?


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October 11, 2018, 06:13:55 AM

Our assets are sore from too much correlation.


Seems to be a short term perception.

No one is fearful .. yet.

That’s why we are in the doll drums the last few months.


Yes.. you have these kinds of broken record thoughts going through your head about what you believe has to happen, and even though what you are saying might happen, it does NOT have to happen... that seems to be part of the reason that you and I are at logger heads on this point - and your persistent posts that imply that certain things have to happen prior to up, which just comes off as black and white thinking on this particular topic.
starmman
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October 11, 2018, 06:22:41 AM

Lots of red candlesticks all over the place today - hope it picks up later in the week =)
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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October 11, 2018, 06:34:44 AM
Last edit: October 11, 2018, 07:00:10 AM by HairyMaclairy

It was hilarious watching Bitmex casino bounce off $5800 while Stamp was at $6055.  There is some serious support down there.

Low on bitmex was 6005.

And i hate bitmex - because they earn 500 mil and still are offline at every big move lol...

When shit worked again we were already like at 6170 or so -_-


You are right.  It was OK Casino.  Was scrolling too fast to read.  

Edit:   Actually there is some Bitmex in there as well - just not the perp.  

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October 11, 2018, 06:46:26 AM

The birds of evil have again expressed themselves; what will happen to Bitcoin now: will it take the rocket to the sky or it will explode in a crash? 1 or 2 photos?

https://www.ccn.com/cnbc-analyst-predicts-bitcoin-price-is-about-to-explode-citing-etf-buzz/






Well, again for the umpteenth time after the prophetic words of these geniuses, all the markets suffer a new and heavy collapse, after 24 hours.

I think that from now on I will seriously consider them as a barometer and lighthouse for my operations ..... obviously doing the opposite of what was suggested.


https://bitcoinexchangeguide.com/dow-jones-drops-800-points-bitcoin-falls-10-in-brutal-day-for-markets/
El duderino_
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October 11, 2018, 06:55:29 AM

Woke up ,didn’t read anything... noticed that boring isn’t in play anymore, only wrong way @the moment , reverse direction immidiatly  Roll Eyes
kenzawak
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October 11, 2018, 06:57:27 AM

Another whale testing the bottoms (not sure that sounds right hmmm...) ?
https://www.blockchain.com/btc/address/35gwu76KvShhjg2SQdFcH6caC2MBFyXk75
El duderino_
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October 11, 2018, 07:00:23 AM

Good good, lucky me i was sleeping @ this dump ..... i might of panic sold all my BTC’s if i was awake  Roll Eyes
serveria.com
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Balls of steel


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October 11, 2018, 07:08:48 AM

Another dump? Prolly the 310BTC guy cashing out?  Grin  #HODL!
Elwar
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October 11, 2018, 07:16:30 AM

You guys...I'm scared.

Just checked the price and we're under $10k.

 Sad Undecided Cry

El duderino_
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October 11, 2018, 07:31:37 AM

You guys...I'm scared.

Just checked the price and we're under $10k.

 Sad Undecided Cry



The lambo Guy was giving hint ..... with his 6,6k coins  Roll Eyes
Hibernate HODL mode for myself but FUCK sideways, Bart, DIP...... and F*** those salty guy’s That missed out cheap coins and wanna get in cheaper as we are @ the moment.
kirreev070
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October 11, 2018, 07:35:31 AM

Guys, below 5800 will not fall. Relax.
El duderino_
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October 11, 2018, 07:39:19 AM

^
When my dog is still relaxed NP Then i am relaxed as well..... and the little one doesn’t get bothered by much Grin
kirreev070
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October 11, 2018, 07:50:06 AM

^
When my dog is still relaxed NP Then i am relaxed as well..... and the little one doesn’t get bothered by much Grin
My dog is almost always relaxed
Yaplatu
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October 11, 2018, 08:02:28 AM

It's because :

https://www.blockchain.com/btc/address/35gwu76KvShhjg2SQdFcH6caC2MBFyXk75

No ?
Majormax
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October 11, 2018, 08:25:08 AM

Guys, below 5800 will not fall. Relax.

Thanks for that.
RivAngE
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October 11, 2018, 08:31:13 AM

Guys, below 5800 will not fall. Relax.

Thanks for that.

Yes, thanks for that indeed! I didn't expect Google's stock to fall bellow 1100$ either but here it is.... just what the h*** happened with everything yesterday? Did every investor liquefied their investments of every aspect?
Cryptocoins are down... Stocks are down... Gold is flat... I was expecting a fall in the stock market which is why I was slowly putting my money in cryptocoins since this summer, but I didn't expect Google, Nvidia and all coins to fall that much.
El duderino_
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October 11, 2018, 09:15:09 AM

Another whale testing the bottoms (not sure that sounds right hmmm...) ?
https://www.blockchain.com/btc/address/35gwu76KvShhjg2SQdFcH6caC2MBFyXk75

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