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

[El duderino_]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

@bitserve - Those times will be back but this time we’ll be better prepared as in knowing what to sell at what price!

Yup. I don't plan to sell a lot. But I don't want to feel like a complete idiot like this time. That's for sure.

I think if we get to $50,000 per coin (or more) I’ll be tempted to sell a lot & maybe keep 10 bitcoin’s as insurance for later life & not ever spend them.

I don’t want to see us spike to over $50,000 & sell nothing to then crash down another 80-90% & have to wait years again.

I will be much better prepared for the next epic bull run.

i do think @the next ATH and crushing moments... there will be no more this is boring posts and pffff again new ATH and etc.......

[bitserve]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

@bitserve - Those times will be back but this time we’ll be better prepared as in knowing what to sell at what price!

Yup. I don't plan to sell a lot. But I don't want to feel like a complete idiot like this time. That's for sure.

I bet many old schoolers are thinking along the same lines. That's why I believe the next ATH will have different dynamics.

Yes, I also think so. But then again we also thought so before the last bubble and the dynamics were the same. I guess that, in the end, we do not sell or end up rebuying on the way down to increase the stash.

Even so... yes, I think the next time will be different. We'll see.

[El duderino_]

Looks like the goose gf (the one with the legs) is slowly poisoning him to get his monero stash keys.
Stay strong, Sir Goose, trust no one, employ a food taster

good if she would go after my monero stash.... and leave my BTC's in peace
it was a good cocktail but didn't supposed to be my breakfast starter

@ the mean time BTC=going for ATH..... but offcourse few days back it was going to ATH as well, just a few bumps in the road here and there.... but we are going to get there

[bitserve]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

If you're craving that excitement learn to trade. It'll be there full-time as you watch your strategies play out, at least until you get to a point where you're successful in your sleep. Just don't get greedy and burn your stash. The perfect size is large enough where the profits are enticing, yet small enough to only get a rash on a wipe-out. I'm more interested in all the skills that come from trading though and prefer going long for making money.

Yeah, I have been trading since the very first day I bought my first Bitcoins. I had to, because the transfer arrived the exchange just hours before the first 2013 bubble imploded.
Trading allowed me to increase my stash significantly in 2013/2014. Not so this time (just a mere 5%) because I have reduced A LOT my exposure to exchanges and thus the amount I do trade with.

[kurious]

Also, did anyone notice Gentlemand is a weirdo?  Not JayJuanGee level weirdo, but more like creepy, Dennis Rader style weirdo.

That's his gimmick.

..or could be the booze.

I'm high on life, baby. I haven't had any boozes in many, many years.

And there's nothing creepy about me. I'm as wholesome as Karen Carpenter (pre laxatives) baking Mom's Apple Pie on Christmas morning surrounded by singing elves.

Hang on, the Roach thing called you 'creepy'?   LOL  Badge of honour.  Carry on, old bean.

[BTCMILLIONAIRE]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

If you're craving that excitement learn to trade. It'll be there full-time as you watch your strategies play out, at least until you get to a point where you're successful in your sleep. Just don't get greedy and burn your stash. The perfect size is large enough where the profits are enticing, yet small enough to only get a rash on a wipe-out. I'm more interested in all the skills that come from trading though and prefer going long for making money.

Yeah, I have been trading since the very first day I bought my first Bitcoins. I had to, because the transfer arrived the exchange just hours before the first 2013 bubble imploded.
Trading allowed me to increase my stash significantly in 2013/2014. Not so this time (just a mere 5%) because I have reduced A LOT my exposure to exchanges and thus the amount I do trade with.

You can use multiple exchanges to reduce your counterparty risk significantly while still being able to trade. More of a hassle (unless you go via APIs) but a sensible option. Still always make sure to keep at least a little more than enough cold though.

[bitserve]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

If you're craving that excitement learn to trade. It'll be there full-time as you watch your strategies play out, at least until you get to a point where you're successful in your sleep. Just don't get greedy and burn your stash. The perfect size is large enough where the profits are enticing, yet small enough to only get a rash on a wipe-out. I'm more interested in all the skills that come from trading though and prefer going long for making money.

Yeah, I have been trading since the very first day I bought my first Bitcoins. I had to, because the transfer arrived the exchange just hours before the first 2013 bubble imploded.
Trading allowed me to increase my stash significantly in 2013/2014. Not so this time (just a mere 5%) because I have reduced A LOT my exposure to exchanges and thus the amount I do trade with.

You can use multiple exchanges to reduce your counterparty risk significantly while still being able to trade. More of a hassle (unless you go via APIs) but a sensible option. Still always make sure to keep at least a little more than enough cold though.

Yes, that's what I do. I basically have 10% of my total crypto spread over several exchanges.

[xhomerx10]

Just today, my great-aunt asked me how to short Bitcoin!

I admire you but I don’t believe you.

 Well, it was in a nightmare I had... it seemed so real but in hind-sight, I guess I don't have any living great-anyones. No more coffee after 6pm for me. 
 
 
 

I’m here to shit post not inspire confidence.

 I both admire and believe you.
 
 
 

I get a similar reaction to some scents - and it isn't because they're cheap. 
 
 Ages back my (then new) gf seemed to suddenly start smelling bad, I told her to change her scent but it seemed to be on all her clothes, in her wardrobe etc.  I started to think it was her and we just were not compatible.  I told her I had this issue and asked her to let me sniff the perfumes she had.  It was just one and it nailed it.  I was so relieved (we are still together)
 
 I don't know what chemical in the mix it was.  But I still notice it in a crowd if anyone is wearing scent containing it - it is so distinctive and it's not just one brand, it's an ingredient in some of them.  Mostly it seems it's only me who reacts to it, as the perfume she had was expensive, not cheap and sells ok. It was something with hints of 'wood' in its blurb BTW.
 
 I now buy stuff for her whenever we're killing time in airports and we check it first.  @homer - Might work for you too - it likely isn't 'all scents' just one ingredient. 

 
 Thanks for sharing your experience.  I'm going to have to experiment because I'm sure you're right it isn't all scents.  I just remembered another one YSL's Elle <- instant headache.
 One year we bought some "pine" scented ornaments for our (artificial) Christmas tree and they caused the same type of headache but yeah... hints of wood.
 
 
 

whale poo
 
 
 edit whale vom
 
 
 edit I wonder if it's ambergris?

 It's too expensive for experimentation; I'll have to wait until Bitcoin moons again to buy some ambergris to find out. (damn whales!)
 
 
 

 I'm high on life, baby. I haven't had any boozes in many, many years.
 
 And there's nothing creepy about me. I'm as wholesome as Karen Carpenter (pre laxatives) baking Mom's Apple Pie on Christmas morning surrounded by singing elves.

 Nothing creepy about that at all
 
 
 
 I know, I know, those elves aren't singing.
 
 
 
 

OT: I lol'ed
 
 https://www.youtube.com/watch?v=a2GVxYfKSxA

 That is hilarious.
 
 You can't
    Sneak up on Zuck,
      I don't even fuckin blink!
   

[alevlaslo]

I have to disagree. That trendline needs to be lower, the start should be at the end of 2015.

below 3000 is not possible  https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=1707986

Wait and see what happens when all the MtGox Bitcoins are released into the wild if the current price is hovering around $3000 / BTC.

large amount sold not on the exchanges and the price is not affected

[BTCMILLIONAIRE]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

If you're craving that excitement learn to trade. It'll be there full-time as you watch your strategies play out, at least until you get to a point where you're successful in your sleep. Just don't get greedy and burn your stash. The perfect size is large enough where the profits are enticing, yet small enough to only get a rash on a wipe-out. I'm more interested in all the skills that come from trading though and prefer going long for making money.

Yeah, I have been trading since the very first day I bought my first Bitcoins. I had to, because the transfer arrived the exchange just hours before the first 2013 bubble imploded.
Trading allowed me to increase my stash significantly in 2013/2014. Not so this time (just a mere 5%) because I have reduced A LOT my exposure to exchanges and thus the amount I do trade with.

You can use multiple exchanges to reduce your counterparty risk significantly while still being able to trade. More of a hassle (unless you go via APIs) but a sensible option. Still always make sure to keep at least a little more than enough cold though.

Yes, that's what I do. I basically have 10% of my total crypto spread over several exchanges.

Sounds good.

I can definitely feel your sentiment, and I'd love some instant rallies right now. But I like how much easier it is to accumulate corn at lower levels, which makes me very conflicted.

[El duderino_]

Just today, my great-aunt asked me how to short Bitcoin!

I admire you but I don’t believe you.

 Well, it was in a nightmare I had... it seemed so real but in hind-sight, I guess I don't have any living great-anyones. No more coffee after 6pm for me. 
 

meaning= i had a dream this night that BTC was 300$

LoL i think a friend of me had a related dream what a coincidence LMAO

he send me this in the morning today

[bitserve]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

If you're craving that excitement learn to trade. It'll be there full-time as you watch your strategies play out, at least until you get to a point where you're successful in your sleep. Just don't get greedy and burn your stash. The perfect size is large enough where the profits are enticing, yet small enough to only get a rash on a wipe-out. I'm more interested in all the skills that come from trading though and prefer going long for making money.

Yeah, I have been trading since the very first day I bought my first Bitcoins. I had to, because the transfer arrived the exchange just hours before the first 2013 bubble imploded.
Trading allowed me to increase my stash significantly in 2013/2014. Not so this time (just a mere 5%) because I have reduced A LOT my exposure to exchanges and thus the amount I do trade with.

You can use multiple exchanges to reduce your counterparty risk significantly while still being able to trade. More of a hassle (unless you go via APIs) but a sensible option. Still always make sure to keep at least a little more than enough cold though.

Yes, that's what I do. I basically have 10% of my total crypto spread over several exchanges.

Sounds good.

I can definitely feel your sentiment, and I'd love some instant rallies right now. But I like how much easier it is to accumulate corn at lower levels, which makes me very conflicted.

What I need for my style of trading is brutal volatility, because what I do is basically scalp trading ranges. But that is long gone from Bitcoin unfortunately. I am trying to adapt to the new situation, but in the end I just find very few opportunities for scalping most of the time.

[bitserve]

Guys, look at the graphs... I have the feeling that something is about to happen.

[El duderino_]

[P_Shep]

Guys, look at the graphs... I have the feeling that something is about to happen.

So moon now?

[gembitz]

Just today, my great-aunt asked me how to short Bitcoin!

I admire you but I don’t believe you.

 Well, it was in a nightmare I had... it seemed so real but in hind-sight, I guess I don't have any living great-anyones. No more coffee after 6pm for me. 
 
 
 

I’m here to shit post not inspire confidence.

 I both admire and believe you.
 
 
 

I get a similar reaction to some scents - and it isn't because they're cheap. 
 
 Ages back my (then new) gf seemed to suddenly start smelling bad, I told her to change her scent but it seemed to be on all her clothes, in her wardrobe etc.  I started to think it was her and we just were not compatible.  I told her I had this issue and asked her to let me sniff the perfumes she had.  It was just one and it nailed it.  I was so relieved (we are still together)
 
 I don't know what chemical in the mix it was.  But I still notice it in a crowd if anyone is wearing scent containing it - it is so distinctive and it's not just one brand, it's an ingredient in some of them.  Mostly it seems it's only me who reacts to it, as the perfume she had was expensive, not cheap and sells ok. It was something with hints of 'wood' in its blurb BTW.
 
 I now buy stuff for her whenever we're killing time in airports and we check it first.  @homer - Might work for you too - it likely isn't 'all scents' just one ingredient. 

 
 Thanks for sharing your experience.  I'm going to have to experiment because I'm sure you're right it isn't all scents.  I just remembered another one YSL's Elle <- instant headache.
 One year we bought some "pine" scented ornaments for our (artificial) Christmas tree and they caused the same type of headache but yeah... hints of wood.
 
 
 

whale poo
 
 
 edit whale vom
 
 
 edit I wonder if it's ambergris?

 It's too expensive for experimentation; I'll have to wait until Bitcoin moons again to buy some ambergris to find out. (damn whales!)
 
 
 

 I'm high on life, baby. I haven't had any boozes in many, many years.
 
 And there's nothing creepy about me. I'm as wholesome as Karen Carpenter (pre laxatives) baking Mom's Apple Pie on Christmas morning surrounded by singing elves.

 Nothing creepy about that at all
 
 
 
 I know, I know, those elves aren't singing.
 
 
 
 

OT: I lol'ed
 
 https://www.youtube.com/watch?v=a2GVxYfKSxA

 That is hilarious.
 
 You can't
    Sneak up on Zuck,
      I don't even fuckin blink!
   

SV core devs lol

[bitserve]

Guys, look at the graphs... I have the feeling that something is about to happen.

So moon now?

No moon, but probably another leg up due to shorts rekt/covered

[BTCMILLIONAIRE]

Sure seems so. 3600~3800 or back down today?

If we go sideways for a long time you'll have your ranges, just possibly not with brutal volatility.

And yeah, trading right now is quite rough. Whenever I stick to my quantitative strategy to the tee it works out smooth. But once I feel like I know what'll happen next and open some smaller trades there I get fucked more often than not; maybe I should just do the opposite whenever I have an urge to try a riskier move - self-contrarian trading so to speak haha.

Either way, just shows how important it is not to bet on one strategy when trading.

[bitserve]

Sure seems so. 3600~3800 or back down today?

If we go sideways for a long time you'll have your ranges, just possibly not with brutal volatility.

And yeah, trading right now is quite rough. Whenever I stick to my quantitative strategy to the tee it works out smooth. But once I feel like I know what'll happen next and open some smaller trades there I get fucked more often than not; maybe I should just do the opposite whenever I have an urge to try a riskier move - self-contrarian trading so to speak haha.

Either way, just shows how important it is not to bet on one strategy when trading.

"quantitative strategy to the tee" what does that mean?

[El duderino_]