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Question: Oct. 16 Closing Price:
<$8,000 - 2 (2.2%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 3 (3.4%)
$10,000-$10,500 - 5 (5.6%)
$10,500-$11,000 - 7 (7.9%)
$11,000-$11,500 - 13 (14.6%)
$11,500-$12,000 - 25 (28.1%)
$12,000-$12,500 - 14 (15.7%)
$12,500-$13,000 - 6 (6.7%)
$13,000-$13,500 - 4 (4.5%)
$13,500-$14,000 - 2 (2.2%)
>$14,000 - 8 (9%)
Total Voters: 89

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23317756 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. (148 posts by 37 users deleted.)
cAPSLOCK
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December 05, 2018, 08:26:33 PM


My father had foresight. That's why he turfed my mother out into the woods every night at 9pm to feed on raw small animals and strips of bark while brewing me.

Thanks to him I have a micropenis instead of a nanopenis.

Here's to the small victories!
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December 05, 2018, 08:29:39 PM

Wow $3700 what is this bullshit.
bitserve
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December 05, 2018, 08:31:27 PM

I already have the post in if you want to visit, link:

https://bitcointalk.org/index.php?topic=5080565.0

I would be happy if you participate with any comments
If you have any criticism or something to add I listen to your suggestions

Thanks  Cool

Oh hey that's a good topic and a good reminder.

Come on WObservers, go over there and support our new prodigy please.
The only traction he's getting so far is from weirdos and decepticons.

And socialists.  Tongue


No, no, no... I took a test yesterday and it said I am a liberal.. whatever that shit is. I don't agree with the result but at least it didn't say I am a socialist!

Hmm, but if the test's made in the USA... a USA "liberal" is a "socialist" in EU-speak!

Ok, that's too complex. I only know that I am still celebrating that Sunday we had elections in our region and for the first time in almost 40 fucking years the socialists lost the majority and the right is going to govern. I have never ever in my life voted socialist and will never do. Not that the right-wing politicians are much better, but that's my choice.
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December 05, 2018, 08:31:40 PM

Wow $3700 what is this bullshit.

That already broke, we gonna retest 3400 and then test 3k soon.
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December 05, 2018, 08:33:38 PM


And we all know penis size correlates inversely with possession of lambos. Which is why Lamborghini is secretly funding several Teflon factories to gain perspective customers.

/conspiracytheory

Last of the V8s
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December 05, 2018, 08:35:22 PM

@fintechfrank https://twitter.com/fintechfrank/status/1070405218230259712

Quote
SEC Commissioner Hester Peirce on crypto ETF: "Don't hold your breath"

It could come tomorrow or in 20 years, she said.

"I do caution people to not live or die on when a crypto or bitcoin ETF gets approved."

"You all know that I am working on trying to convince my colleagues to have a bit more of an open mind when it comes to [crypto]."

"I am not as charming as some other people," she added.

Institutionalization will happen, she concluded.

Advice for crypto firms: "get good regulatory advice.. there are a lot of landmines...[and] we live in a society that has a lot of old securities laws...You could have the best intensions [sic]in the world and you could trip on something that you didn't mean to trip on."

Peirce said this during a fireside chat at a cryptocurrency conference in Washington D.C.
I think my peepee just shrank a little.
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December 05, 2018, 08:43:17 PM
Merited by Last of the V8s (1), BTCMILLIONAIRE (1), BobLawblaw (1)


"uhh..I mean puppies of course.."

*cringe*


My father had foresight. That's why he turfed my mother out into the woods every night at 9pm to feed on raw small animals and strips of bark while brewing me.

Thanks to him I have a micropenis instead of a nanopenis.

"looks over at cast iron Lodge pans...looks down.."

There must be some other explanation. Fluoride in the water..Alien abductions, cosmic background radiation, something..work with me here.


My father had foresight. That's why he turfed my mother out into the woods every night at 9pm to feed on raw small animals and strips of bark while brewing me.

Thanks to him I have a micropenis instead of a nanopenis.

Here's to the small victories!

Indeed..this mind set will be needed in the coming days.

+1 WOsMerit

-------------------------
The downward trend continues with a clear breakout of the bear flag. The Yearly Low is but a whisper away. $3k seems likely to be tested at this point. When will the bleeding stop? Mid $2k's seems like a pretty good all in bet imho so I am not sure $2k will be broken..for now. Not unless some monumental news takes it in one direction or another we could be range bound for some time.

30m

#stronghands                                                                                                                                                                                                                                                                                                           #dyor
BTCMILLIONAIRE
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December 05, 2018, 08:45:35 PM

The world is no longer as it used to be.
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December 05, 2018, 08:49:52 PM

@fintechfrank https://twitter.com/fintechfrank/status/1070405218230259712

Quote
SEC Commissioner Hester Peirce on crypto ETF: "Don't hold your breath"

It could come tomorrow or in 20 years, she said.

"I do caution people to not live or die on when a crypto or bitcoin ETF gets approved."

"You all know that I am working on trying to convince my colleagues to have a bit more of an open mind when it comes to [crypto]."

"I am not as charming as some other people," she added.

Institutionalization will happen, she concluded.

Advice for crypto firms: "get good regulatory advice.. there are a lot of landmines...[and] we live in a society that has a lot of old securities laws...You could have the best intensions [sic]in the world and you could trip on something that you didn't mean to trip on."

Peirce said this during a fireside chat at a cryptocurrency conference in Washington D.C.
I think my peepee just shrank a little.

You're not supposed to eat teflon.
cAPSLOCK
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December 05, 2018, 08:52:25 PM


whaddamagonnadoo?
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no FOMO


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December 05, 2018, 08:55:31 PM

apparently a fireside without spell check
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How much alt coin diversification is needed? 0%?


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December 05, 2018, 08:57:13 PM



I recognize that the first article is more bitcoin specific, but overall both of the studies are kind of convoluting bitcoin and other crypto?  There seems to be quite inadequate distinguishing that likely is going to cause confusion about what is bitcoin and how bitcoin is distinguishable in the space.
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December 05, 2018, 09:20:28 PM

[edited out]
I can already live off of my crypto earnings comfortably. The type of profits I suggested would be in a range where I could dump some 20~50m into the development of a game without even flinching about potentially never making it back. Basically make something that I really want to see but never find due to CEOs cutting costs and keeping everything in a bland cookie-cutter manner. Not that I blame them, they are a business after all and need to appease their investors, but I do miss the wonder that old games made by nerds with a passion for the craft brought about and would like to see it brought back with cutting edge tools over tiny indie games. It's nothing of importance, but something that would be fun if I somehow managed to make all the right moves by gitting gud or lucking out.
Scholarships are a different story, since you can start handing those out even without being filthy rich, so I'm looking forward to that at some point (after I feel like I've spent enough time researching how to best go about it). And funding research I have no clue about. I suppose funds for a tenure and some assistants for a few years would be a good start. Also doable in the foreseeable future and more practical.

Surely I can relate to what you are saying here - of course, your passions and amount that you would invest differs considerably from me, but that merely shows individuality focuses can cause one person to pursue one direction with passion and fulfillment, while another person would chose to employ his/her relatively "excess" millions in another direction.

As far as people who bought in above $10k goes. Most of them will only have fractions of Bitcoin and not much spare cash to buy any more than a few more fractions of, or one or two Bitcoins at best. So it'll be pretty hard for them to retire without Bitcoin ballooning well above $100k. They're also most likely going to be the type that will lose most or all of their stash by trading, which doesn't make it much easier.

I'm sure that there is going to be a decent amount of variation with these types in terms of how they may have managed their budget in buying into bitcoin and also possibly learning along the way.  Surely, some of the BIGGER mistakes might still include average costs per BTC that are above $10k, but there are decent possibilities, so it seems, to attempt to dollar cost average down the average cost per BTC, especially at these prices without necessarily gambling or leveraging (or over leveraging).

I guess part of my point would be that depending on age and timeline and cashflow and a variety of circumstances, a guy/gal could still be considerably in the red on his/her bitcoin investment and still end up becoming rich on it in the future without necessarily acting irresponsibly or gambling too much in terms of ongoing strategy and tweaking... and in this regard, I am kind of presuming that BTC prices are going to go up from here in the future, and they would not necessarily even need to reach $10k or more for investors (even those currently in the red) to come out decently profitable (yet there is always some risk of BTC going to zero which must be kept in mind, and maybe even moreso if your investment is still in the red).

There are also very promising altcoins that increasingly reveal themselves as unicorns, albeit with the obvious associated risks involved. Those could help an average pleb increase their Bitcoin stash considerably, beyond what would be possible by cost averaging, buying dips, or trading the BTC/USD pair.

Personally, I say fuck the alt coins, and you don't need them in order to develop and employ reasonable and decent BTC plans... . but of course, cannot stop folks from playing around with some of them.

But that game requires hundreds of hours of research and ideally some previous experience with analyzing the unknown and should never be done with sizeable amounts of one's Bitcoin portfolio, especially without extensive experience. The "y house gone" memes are even more fitting here than for just Bitcoin.

Again, I don't think that it is necessary or wise to get involved in other projects, especially if your are already in the red with your BTC, but there could be ways to play a decently small portion of your total investment on such other projects.. but seems like a decently BIG ass waste of time, unless you are able to figure out ways that they might be long term monetizeable and fit into various sound money aspects of bitcoin.

Of course, getting into the game and sticking around religiously will help them, even if Bitcoin goes to zero. Because they would eventually have spent a considerable amount of time paying attention to markets and learning about investing money and seeing it grow, rather than waiting for their fiat to drop to half its value every so many years. And investing is pretty much what separates the average net worth individuals from high net worth ones, so losing money to learn this lesson is surely worth it as long as people heed the mantra of not burning money they need for bills and whatnot.

I pretty much agree with you that practicing brings experience and learning that is likely to be appliable in a large varieties of life including continued investing, and really, even though I am suggesting a mostly bitcoin plan, I understand that if someone is really young and has a very long time line, there is likely going to be more experimentation that they can reasonably incorporate into such plan and still end up coming out quite positive, even if some aspects of their plans fail in large ways.
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December 05, 2018, 09:35:49 PM

I can already live off of my crypto earnings comfortably. The type of profits I suggested would be in a range where I could dump some 20~50m into the development of a game without even flinching about potentially never making it back.

That's a lot of BTC you're holding.


That is what I was thinking too...

Seems a bit more than the average WO participant, or even the elite end of the WO participants...

I am thinking that seems to be in the 600BTC plus arena to be able to consider that $20 to $50 million would be a drop in the bucket, in the event that BTC went to the $100k arena.
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December 05, 2018, 09:38:02 PM
Merited by BobLawblaw (1)

maths fail^ nosey fail^
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December 05, 2018, 09:39:27 PM

Wow $3700 what is this bullshit.
=bullshit!
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December 05, 2018, 09:40:54 PM

F*** can't resist

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December 05, 2018, 09:43:40 PM

posting this out of solidarity
 and for the good feeling LFC must have now, after another win "belgian assist Smiley "



and we know its still his future avatar Wink
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December 05, 2018, 09:46:24 PM
Merited by BobLawblaw (2), JayJuanGee (1)

I can already live off of my crypto earnings comfortably. The type of profits I suggested would be in a range where I could dump some 20~50m into the development of a game without even flinching about potentially never making it back.

That's a lot of BTC you're holding.


That is what I was thinking too...

Seems a bit more than the average WO participant, or even the elite end of the WO participants...

I am thinking that seems to be in the 600BTC plus arena to be able to consider that $20 to $50 million would be a drop in the bucket, in the event that BTC went to the $100k arena.

I wouldn't consider throwing 20-50m in a non-profitable hobby unless I have at least 10 times the amount so.... maybe a couple thousands of BTC (@$100K) to be comfortable with that "frivolous" spending.
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December 05, 2018, 09:55:44 PM


I could dump some 20~50m into the development of a game

WTF boy... Your father is much much poorer than you!
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