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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330487 times)
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JayJuanGee
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February 03, 2019, 06:35:00 PM

... like claiming centralized, imaginary, non-fungible shitcoins with built-in middlemen that don't remove counterparty risk ...

I forgot, how is it centralized, imaginary, non-fungible and what are the built-in middlemen that don't remove counterparty risk?

(sorry for feeding the resident troll, sometimes I need a reminder what his mindset is.)

Welcome back Dabs.

His mindset (to the extent a mind is present?) is to spew out non-substantiated disinformation-filled talking points.   Cheesy Cheesy Cheesy   Tongue
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Dabs
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February 03, 2019, 06:43:29 PM
Merited by xhomerx10 (2), bones261 (2), JayJuanGee (1), Gyrsur (1), infofront (1), BobLawblaw (1)

I actually want him to answer. I've been around. I suffered a lot during the last 3 to 6 months, as all my holdings were in assorted alts, and everything crashed together with BTC.

To the point, I'm now entering the "normie" world, working a "normie" job, as I refuse to sell any coins I still have. I lost some too, to two exchanges that recently died. Perfect timing. One is in New Zealand, the other is in Canada, you can guess which two exchanges, they were all over the news 1 week after I sent them some coins to try to cash out.

My formerly unrealized potential 50 BTC ... (that's all I really had) is down to ... well 90% "disappeared" ...

But the time traveler, and a bunch of "bitcoin global road map" posts I read before, I'm pretty optimistic about the future. And I still have two bars of silver, LOL. (Didn't get gold yet.)

I was one of those few living on crypto. 12 months ago, I set myself up to do the trading of these alts to btc to fiat and back and forth, and it was a good run for about 9 months.

Now it's no longer sustainable. I think I read in the news at least two or three foundations of other alts that are either downsizing or simply disappearing, or asking another team to take over. I felt it on a personal level.

And as much as I don't want to beg, any help is appreciated. I was almost afraid of going homeless next month. True story.

HODL to the death.
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February 03, 2019, 06:46:01 PM

Those who are into sci-fi, might be interested to read this:

https://www.reddit.com/r/Bitcoin/comments/amgib1/what_happened_to_the_2013_time_travelers_post_a/

and a followup:

https://www.reddit.com/r/Bitcoin/comments/a59o2v/i_am_the_bitcoin_time_traveler_ama/

Also read  "The Toynbee convector" by Ray Bradbury.

There some interesting nuggets there.

The white supremacist Author, or just coincidence.
https://en.wikipedia.org/wiki/Luka_Magnotta
Quote
Things are looking bleak here, and some of you will carry blood on your hands.
Quote
I personally live next to an annoying young.....
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February 03, 2019, 06:50:33 PM

I actually want him to answer. I've been around. I suffered a lot during the last 3 to 6 months, as all my holdings were in assorted alts, and everything crashed together with BTC.

To the point, I'm now entering the "normie" world, working a "normie" job, as I refuse to sell any coins I still have. I lost some too, to two exchanges that recently died. Perfect timing. One is in New Zealand, the other is in Canada, you can guess which two exchanges, they were all over the news 1 week after I sent them some coins to try to cash out.

My formerly unrealized potential 50 BTC ... (that's all I really had) is down to ... well 90% "disappeared" ...

But the time traveler, and a bunch of "bitcoin global road map" posts I read before, I'm pretty optimistic about the future. And I still have two bars of silver, LOL. (Didn't get gold yet.)

I was one of those few living on crypto. 12 months ago, I set myself up to do the trading of these alts to btc to fiat and back and forth, and it was a good run for about 9 months.

Now it's no longer sustainable. I think I read in the news at least two or three foundations of other alts that are either downsizing or simply disappearing, or asking another team to take over. I felt it on a personal level.

And as much as I don't want to beg, any help is appreciated. I was almost afraid of going homeless next month. True story.

HODL to the death.

JFC! When I just saw you came back I took that as a bullish signal. I remember you were wise enough to convert all (or most) of your alts into BTC at the end of the bull market raising your BTC count to a whooping 50. I was not that wise and.... you know what happened to most alts. What did you do with your 50BTC? Did you rebuy into alts?
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February 03, 2019, 07:07:11 PM

Those who are into sci-fi, might be interested to read this:

https://www.reddit.com/r/Bitcoin/comments/amgib1/what_happened_to_the_2013_time_travelers_post_a/

and a followup:

https://www.reddit.com/r/Bitcoin/comments/a59o2v/i_am_the_bitcoin_time_traveler_ama/

Also read  "The Toynbee convector" by Ray Bradbury.

There some interesting nuggets there.

The white supremacist Author, or just coincidence.
https://en.wikipedia.org/wiki/Luka_Magnotta
Quote
Things are looking bleak here, and some of you will carry blood on your hands.
Quote
I personally live next to an annoying young.....

bizzaro quotes not reflecting the gist of a piece.
as far as your "sleuthing by google"-how would I know?
I am interested in it only as far as predicting possible futures, nothing more (or less).
If someone's post name is "Da_talking_asshole", you would not think that it is actually a real talking asshole, would you?
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February 03, 2019, 07:18:06 PM
Merited by JayJuanGee (1)

https://github.com/bitcoin-core/HWI/blob/master/docs/bitcoin-core-usage.md
hardware wallet integration might get merged in to core
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February 03, 2019, 07:20:43 PM

This sideways on the lower range is absolutely nerve crushing. I am trying hard to forget about Bitcoin for a while and just go on with my life as I did last time, but I can't avoid coming back to check how it is doing. I don't remember the last bear market to be so hurting. If/when we ever get pass it a new generation of really hardened hodlers will be born. Harder than ever.
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February 03, 2019, 07:21:23 PM
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Wish I was there - cold and freezing rainy here today!

Cold builds character. Cold people will beat hot people every time, because we have to work and be resourceful to feel good, not just fall back on the ground for a suntan.

disclosure: it is also cold and freezing here  Cry



 I feel stronger and paler simply having read this post.
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February 03, 2019, 07:23:28 PM

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February 03, 2019, 07:24:51 PM

JFC! When I just saw you came back I took that as a bullish signal. I remember you were wise enough to convert all (or most) of your alts into BTC at the end of the bull market raising your BTC count to a whooping 50. I was not that wise and.... you know what happened to most alts. What did you do with your 50BTC? Did you rebuy into alts?

Same as you. I converted some. Most of it remained in the same alts, which I watched every month starting March 2018 ... all the way to December 2018 ... and you don't catch falling knives.

Admittedly, they were in alts that either had stakes or some sort of return, those I did convert to BTC every month (every week) and then converted those to fiat, to pay for everything. And it was fine and dandy until around September or October, but I still kept HODLing.

With the exception of the coins I lost to the two exchanges dying, all my other alts still have the same alt value, just not the same BTC or USD value.

While I still believe in BTC, the alts had "interest" so to speak, so I was living off of that. Now I can't, and I got some debts which I am having difficulty paying, (kinda foolish, should have zero'd them all out at least), and next week, I start a normie job working for some company.

I still keep my alts, and hopefully, the combined income from the job and the alts will enable me to keep my head above the water long enough until the whole crypto (BTC and everything else) starts going up. Seems we have hit bottom, and while any lower will hurt, ... we're going to bounce soon.
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February 03, 2019, 07:31:12 PM

This is WAY over the line.

I have it in my right mind to piss on one of Jeff Bridges' rugs, after drinking a six pack of Stella.

https://twitter.com/TheJeffBridges/status/1092105472096628736



wow WoW wow never insult a BELGIAN beer brother BOB, they are the best in the world........
i'm not a real beer drinker, but among the BEER's i do like stella artois Smiley

but stil hand me that WHITE RUSSIAN in that pic right there

session is going monstrous good @the moment ME LIKE

MANY WHITE RUSSIAN's on the way to my digest-area Grin Cheesy
JayJuanGee
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February 03, 2019, 07:34:11 PM

I actually want him to answer.

Fair enough.

I've been around. I suffered a lot during the last 3 to 6 months, as all my holdings were in assorted alts, and everything crashed together with BTC.

I know the feeling, if things are not going well, sometimes you have to get matters sorted in your head before you are ready to share. 

I did not want to say anything for months when my phone got force ported in early 2017 (and BTC hacked), and there was some ongoing nature to the matter too, because the hackers continued attempting getting into accounts with information that they had initially acquired. 

Also, BTC has not gone unscathed in this whole crypto crashing situation that we are still in, so just HODLing causes losses, but there are certain actions such as trading or leveraging that could have made the situation even worse, so the part of dealing with loss is certainly understandable and relatable in general ways, even when your specifics are particular to you.

To the point, I'm now entering the "normie" world, working a "normie" job, as I refuse to sell any coins I still have.

Good thing if you are capable of working, and surely the more skills you have, then that can help get more remuneration (which is not always the case, either).

I lost some too, to two exchanges that recently died. Perfect timing. One is in New Zealand, the other is in Canada, you can guess which two exchanges, they were all over the news 1 week after I sent them some coins to try to cash out.

Surely not a good thing, but part of the risk of dealing with exchanges.  Coins that I lost in early 2017 were on exchanges, and it seems pretty solidly likely that I even lost some more recently with the WEX going incognito situation.... risk of keeping some coins there (I thought that I was supporting them by keeping some coins there, but not to the extent of actually wanting to give up my coins to them... those fuckers.). 

My formerly unrealized potential 50 BTC ... (that's all I really had) is down to ... well 90% "disappeared" ...

Yes.  So that is worse than just losing 85% of the value of the account by depreciation, which is what many of us have experienced, even if we acquired more coins with the price going down, there are many situations in which the overall value of the holdings still is in quite a large negative territory, relative to where it had been while we were in the supra $10k prices.

One positive aspect, Dabs, is that you clearly already recognize the value of BTC and its upside price potential, so in that regard, as long as you continue to attempt to both HODL and accumulate, then you will likely be better off for attempting such self-discipline, with whatever you are able to muster up - even if you are only able to buy $5 worth of BTC a month or something like that.

By the way, in early 2015, I had some cashflow issues that related to the behavior of a non-BTC business partner (quitting on me), and caused me an inability to buy any BTC for nearly 3 months.  And, yeah, that was coincidentally during the BTC low prices of that period, and after I sorted out some of the cashflow and the business and put out some of the fires, between about April 2015 and October 2015, I was only able to actually buy small amounts... for fuck sake, but some of those seemingly small purchases of between $5 and $50 worth of BTC in the mid $200s added up to decent amounts of BTC, these days (between $5 and $50 would have been .02BTC to .2BTC, respectively).


But the time traveler, and a bunch of "bitcoin global road map" posts I read before, I'm pretty optimistic about the future. And I still have two bars of silver, LOL. (Didn't get gold yet.)

Fine about brainstorming ideas, but fuck gold and silver.  NO need to put much value in those old world materials.  hahahaha

I was one of those few living on crypto.

Experience-wise, that part is good, but now it sounds like you may not have been taking adequate protections.  In other words, perhaps you were spending too much with your "living on crypto" attempt.

2 months ago, I set myself up to do the trading of these alts to btc to fiat and back and forth, and it was a good run for about 9 months.

Part of the problem with that is that almost anyone and their dog can make money in a bull market of the type that we had experienced in 2017.

Now it's no longer sustainable. I think I read in the news at least two or three foundations of other alts that are either downsizing or simply disappearing, or asking another team to take over. I felt it on a personal level.

Sure. A lot of this continuing to go on in the crypto space, and the million dollar question continues to be the extent to which the continued bleeding of alts and other projects is going to continue.  Currently, it seems that the vast majority of "experts" in the studying of cryptos space seem to believe that there is a decently long additional period in which more bleeding has to take place - because peeps in crypto are still too happy and still too optimistic.  I am a bit torn on this kind of framing of an "alts gotta die" condition precedent, at least at this time.  In other words, I can also see scenarios in which the market starts to reverse before going down, even though I recognize that the odds seem to be against such scenarios.. another way of just saying that we remain in a bear market in bitcoin and in other cryptos, too.

And as much as I don't want to beg, any help is appreciated. I was almost afraid of going homeless next month. True story.

HODL to the death.

Hopefully, you can figure out a way to sort out your finances, and if you have to go homeless for a short period of time, that it would be in a warm climate or at least in an infrastructure that would cause that only to be a temporary and quick transitional state that allows you to get back on your feet and learn and reorganize from such such pending possible situation.

By the way, I do believe that you have to balance situations, and of course, you don't want to get into a situation that you have to sell some of your BTC, but sometimes, that might be the only intermediate practical step. 

Currently, I am think that it is going to be pretty likely that I will be taking some BTC with me when I die, but ideally would be to spend every last satoshi by the time I take my last breath, and second best scenario would be to be able to bequeath anything that I happen to have by then (hopefully not too much, by then.. hahahaha).
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February 03, 2019, 07:35:28 PM

I actually want him to answer. I've been around. I suffered a lot during the last 3 to 6 months, as all my holdings were in assorted alts, and everything crashed together with BTC.

To the point, I'm now entering the "normie" world, working a "normie" job, as I refuse to sell any coins I still have. I lost some too, to two exchanges that recently died. Perfect timing. One is in New Zealand, the other is in Canada, you can guess which two exchanges, they were all over the news 1 week after I sent them some coins to try to cash out.

My formerly unrealized potential 50 BTC ... (that's all I really had) is down to ... well 90% "disappeared" ...

But the time traveler, and a bunch of "bitcoin global road map" posts I read before, I'm pretty optimistic about the future. And I still have two bars of silver, LOL. (Didn't get gold yet.)

I was one of those few living on crypto. 12 months ago, I set myself up to do the trading of these alts to btc to fiat and back and forth, and it was a good run for about 9 months.

Now it's no longer sustainable. I think I read in the news at least two or three foundations of other alts that are either downsizing or simply disappearing, or asking another team to take over. I felt it on a personal level.

And as much as I don't want to beg, any help is appreciated. I was almost afraid of going homeless next month. True story.

HODL to the death.

THX for the lesson to show again never to invest more than 10-20% of crypto-portfolio into alt's................
mainly keep it in BTC

but indeed HODL
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February 03, 2019, 07:40:28 PM
Merited by xhomerx10 (1), Hueristic (1)

~snip~

On xhomerx10's advice, I tried to make a hat for you. After reading your publication history, I thought that you love Bitcoin and alcoholic beverages. You have good taste! At first I wanted to make a beer, but I still did not know if you like it. I slightly corrected the idea of xhomerx10.

What say about this hat?







 

Avatar:




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February 03, 2019, 07:41:49 PM

JFC! When I just saw you came back I took that as a bullish signal. I remember you were wise enough to convert all (or most) of your alts into BTC at the end of the bull market raising your BTC count to a whooping 50. I was not that wise and.... you know what happened to most alts. What did you do with your 50BTC? Did you rebuy into alts?

Same as you. I converted some. Most of it remained in the same alts, which I watched every month starting March 2018 ... all the way to December 2018 ... and you don't catch falling knives.

Admittedly, they were in alts that either had stakes or some sort of return, those I did convert to BTC every month (every week) and then converted those to fiat, to pay for everything. And it was fine and dandy until around September or October, but I still kept HODLing.

With the exception of the coins I lost to the two exchanges dying, all my other alts still have the same alt value, just not the same BTC or USD value.

While I still believe in BTC, the alts had "interest" so to speak, so I was living off of that. Now I can't, and I got some debts which I am having difficulty paying, (kinda foolish, should have zero'd them all out at least), and next week, I start a normie job working for some company.

I still keep my alts, and hopefully, the combined income from the job and the alts will enable me to keep my head above the water long enough until the whole crypto (BTC and everything else) starts going up. Seems we have hit bottom, and while any lower will hurt, ... we're going to bounce soon.

Wow that story is very sad. Stay strong brother... stay strong.



Seems like the FOMO has taken a hold on you last year because alts were mooning a lot harder than BTC and you couldn't resist.

Coincidentally, today I was checking this website: https://athcoinindex.com/

There are many shitcoins which lost more than %95 of its value and I believe there are shitcoins which can do x50 or even x100 during the next bull run. I am considering to buy some of those shitcoins nowadays.

While I am deeply sorry for your losses  and I can empathize with you (me was always in btc %95+ though, means i lost only %80-85 instead of %95) these type of posts are the ones we call "blood in the streets". And a buy signal.
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February 03, 2019, 07:42:09 PM

This sideways on the lower range is absolutely nerve crushing. I am trying hard to forget about Bitcoin for a while and just go on with my life as I did last time, but I can't avoid coming back to check how it is doing. I don't remember the last bear market to be so hurting. If/when we ever get pass it a new generation of really hardened hodlers will be born. Harder than ever.

The last bear market felt just the same. When you can not be bothered to look for months at a time and have genuinely given up, that is when the new bull will gradually start. You won't see it happen because you won't be looking. It is a great indicator.

I believe this bear will be longer than the last one. Apologies for the bad news, but I think it's best to be realistic.
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February 03, 2019, 07:42:55 PM

~snip~

On xhomerx10's advice, I tried to make a hat for you. After reading your publication history, I thought that you love Bitcoin and alcoholic beverages. You have good taste! At first I wanted to make a beer, but I still did not know if you like it. I slightly corrected the idea of xhomerx10.

What say about this hat?







 

Avatar:





 Well that's pretty darn good!  What manner of beverage is that with the Bitcoin slice on the glass?
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February 03, 2019, 07:43:12 PM


Just don't hold on too long

JayJuanGee
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February 03, 2019, 07:43:47 PM

[edited out]

JFC! When I just saw you came back I took that as a bullish signal. I remember you were wise enough to convert all (or most) of your alts into BTC at the end of the bull market raising your BTC count to a whooping 50. I was not that wise and.... you know what happened to most alts. What did you do with your 50BTC? Did you rebuy into alts?

That seems to be part of the problem of getting into alts in the first place.  It takes a certain amount of a gambling mentality to think that you can "use" alts in such a way that you can figure things out.  And, we know what tends to happen to a vast majority of gamblers.  They keep doubling down and employing various strategies that are likely going to bite them in the ass if they don't keep real tight reigns on such inclinations.

Not picking on Dabs because there continue to be a lot of alt dabblers (pun not intended) out there who are playing with the same kind of alt gambling fire.
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February 03, 2019, 07:43:57 PM

Wish I was there - cold and freezing rainy here today!

Cold builds character. Cold people will beat hot people every time, because we have to work and be resourceful to feel good, not just fall back on the ground for a suntan.

disclosure: it is also cold and freezing here  Cry



 I feel stronger and paler simply having read this post.


Hey old chap - many thanks for the hat upgrade!  A bunch of inadequate tokens as a mark of respect.
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