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Poll
Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22425549 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.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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March 21, 2019, 01:21:51 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy

Don't jinx us blurry head.

We are having a good time, here. Cool
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kingcolex
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March 21, 2019, 01:26:37 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy
it's nice isn't it? I was pretty psyched myself.
Last of the V8s
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March 21, 2019, 01:31:03 AM

https://bitcointalk.org/index.php?topic=1954571.msg49365787#msg49365787
wow nice work Cool
someone give us a quick run-down pls?
Toxic2040
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March 21, 2019, 01:34:10 AM
Merited by Phil_S (1)

Bitcoin is spreading like a virus.



Quote
Abstract

We illustrate, by way of example, that Bitcoin’s long-term price is non-random and can be modeled as a function of the logistic growth of number of users n over time. Using observed data for both Facebook and Bitcoin, we derive the relationships between price, number of users, and time, and show that the resulting market capitalizations likely follow a Gompertz sigmoid growth function. This function, historically used to describe the growth of biological organisms like bacteria, tumors, and viruses, likely has some application to network economics. We conclude that the long-term growth rate in users has considerable effect on the long-term price of bitcoin.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3356098

You can do to this page here  ^  and open the doc in a pdf. Interesting.
Toxic2040
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March 21, 2019, 01:41:30 AM

https://bitcointalk.org/index.php?topic=1954571.msg49365787#msg49365787
wow nice work Cool
someone give us a quick run-down pls?

Awesome bitcoiners donate 8btc(47.5k euros) to help children in Africa. Its taken awhile but the campaign is now complete and all is well. Still 3btc left over and could someone take over because running a charity is time consuming and a pain in the rear...600watt is a freakin legend...basically.
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March 21, 2019, 01:48:24 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy
it's nice isn't it? I was pretty psyched myself.
Yes now celebrate the party, for that. Cool
Now Click image. Grin
Quote
bitserve
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March 21, 2019, 01:53:24 AM

https://bitcointalk.org/index.php?topic=1954571.msg49365787#msg49365787
wow nice work Cool
someone give us a quick run-down pls?

Awesome bitcoiners donate 8btc(47.5k euros) to help children in Africa. Its taken awhile but the campaign is now complete and all is well. Still 3btc left over and could someone take over because running a charity is time consuming and a pain in the rear...600watt is a freakin legend...basically.

Indeed. I have lost the count of all the helping initiatives he has carried out. A freakin legend yeah, but above all a (extremely) good human in all senses from what I have read. Kudos and hats off to him. Wish all that karma to go back.
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March 21, 2019, 02:07:04 AM

^wow splendid stuff, thanks^ wait but what's the bet part and how did it morph into the fundraiser?


now no one likes a fraudster
https://www.wsj.com/articles/lithuanian-man-pleads-guilty-to-100-million-fraud-against-google-facebook-11553126126

and no one likes Frances Coppola who is here (segment from 30:30) explaining MMT lol
https://www.bbc.co.uk/programmes/w172w0q74bp46lc#play
infofront
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March 21, 2019, 02:13:11 AM

Think its time for a new poll infofront. How about a simple yes/no vote to see if long time mtgox hodlers plan on dumping or if they are going to continue to stand fast at the Wall.

Your wish is my command. Here are the previous results:



Note: My own vote is not related to or indicative of my stash. It's the level I think will be necessary to achieve fuckyourcoiner status for an average person if offloaded at prudent price points during the next parabolic run.

Aaaaand new poll
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March 21, 2019, 02:23:11 AM

Think its time for a new poll infofront. How about a simple yes/no vote to see if long time mtgox hodlers plan on dumping or if they are going to continue to stand fast at the Wall.

Your wish is my command. Here are the previous results:



Note: My own vote is not related to or indicative of my stash. It's the level I think will be necessary to achieve fuckyourcoiner status for an average person if offloaded at prudent price points during the next parabolic run.

Aaaaand new poll

I think all of the best decision that holds this time otherwise If need emergency anything so sell or exchange something.
bitserve
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March 21, 2019, 02:31:45 AM

https://www.youtube.com/watch?v=HbvYeLxMKN8
realr0ach
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March 21, 2019, 02:33:19 AM

In case you didn't know how serious of a problem it is allowing women to vote:

https://www.reddit.com/r/MGTOW/comments/b3gcdm/i_dont_think_i_have_ever_seen_a_man_share_crap/
JayJuanGee
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March 21, 2019, 02:41:27 AM

Think its time for a new poll infofront. How about a simple yes/no vote to see if long time mtgox hodlers plan on dumping or if they are going to continue to stand fast at the Wall.

Your wish is my command. Here are the previous results:



Note: My own vote is not related to or indicative of my stash. It's the level I think will be necessary to achieve fuckyourcoiner status for an average person if offloaded at prudent price points during the next parabolic run.

Aaaaand new poll

Thanks for providing some polling variety in recent times, infofront.

From the totals, I do see that there was a bit of a scattering of the perception of achievement of "fuck you" status results, which seems to have been a considerable amount of poetic license from pollsters regarding interpretation, and even you, in your answer, stated a presumption of an upcoming upwards BTC price movement that caused your answer based on a speculated future rather than present actuality.    Shocked Shocked   Cheesy Cheesy
bitserve
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March 21, 2019, 02:49:04 AM

IIRC I chose 200-499 which is *WAY* more than I do have. But the question was to be a fuckyoucoiner, and that's what I would consider, not that I would ever become one (or need to to, in order to be happy and reasonably wealthy).

And I am taking into account some price rise in the future. Otherwise the amount would be higher... but not much more.
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March 21, 2019, 02:57:31 AM
Last edit: March 21, 2019, 03:11:17 AM by infofront

True Jay. Later in the year maybe we can try a similar poll with more precise timing, etc.


In other news: ADVFN International Finance Awards

There are a bunch of crypto awards in there - best exchanges, etc.
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March 21, 2019, 03:31:20 AM
Merited by Paashaas (1), JayJuanGee (1)

So, based on what you are saying, you bought some BTC in the $17k price arena, and is it fair for me to assume that you have bought some more BTC below $17k (like for example at some price points between $3122 and $17k)?
I have started at that time and bought on several phases. 12k, 8k, 7k, 6k, etc. When I have a little money to take a risk I buy BTC. Also, I will buy more if I can.

Yes.  One thing is having a set of BTC accumulation targets and a tentative plan for achieving "fuck you" status, and another thing is realizing that there exists a kind of BTC price dynamics that might cause greater abilities to accumulate more BTC and therefore increasing the likelihood of reaching preconceived targets and/or reaching such targets sooner.
Long term holders contribute to the market. As there will have some portion of locked. So do not need a buyer for that portion, buyer needs only for the rest of the portion.
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March 21, 2019, 03:42:30 AM
Merited by jbreher (1), infofront (1), BobLawblaw (1)

Happy equinox observers!

Just grilled outdoors for the first time this season...feels like spring.

Here's hoping for a crypto spring as the weather improves.
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March 21, 2019, 03:50:30 AM

True Jay. Later in the year maybe we can try a similar poll with more precise timing, etc.

Hopefully, I won't beat the topic to death, before then, because I really like the topic because it allows HODLers to figure out his/her own level and no matter what s/he is going to have to engage in a certain amount of BTC price projection in order to attempt to be realistic about the matter.  Also, it should be personally interesting and applicable to every single person participating in this thread because either s/he: 1) has already achieved such status, 2) has a target amount and/or plan to get there, 3) does not have a plan to get there but would like to get there or 4) would not mind getting there, but believes that his/her amount of BTC accumulating ability is never going to contribute to achieving such status.   

If such HODLer is not interested in 1, 2, 3 or 4 above, then I would wonder why s/he is looking at this thread.

Also, with such topic, there is a bit of a forcing to attempt to figure out: A) what kinds of numbers a HODLer would need to achieve and B) is such plan realistic based on likely events, timeline and personal financial circumstances.

It's a great topic, and also seems to facilitate BTC/USD wall observances, too in order to attempt to figure out if there is any progress towards such fuck you status, if not yet achieved.


IIRC I chose 200-499 which is *WAY* more than I do have. But the question was to be a fuckyoucoiner, and that's what I would consider, not that I would ever become one (or need to to, in order to be happy and reasonably wealthy).

And I am taking into account some price rise in the future. Otherwise the amount would be higher... but not much more.

I personally believe that there could be an accounting of entry level "fuck you" status based on what is the lowest price that the HODLer believes that BTC would reasonably hovering into and causing him/her to have to cash out some coins at that price, and that would be the base of calculations. 

Now, I am using the current low of $3,122 as such base BTC price to calculate my entry level starting point and $1million as the base amount that allows $3,333 per month passive income.  Thereafter, I employed a conservative traditional financial presumption that on average BTC would rise in price by 4% per year (which allows a withdrawal of 4% per year or 1% per quarter). 

So, $1,000,000 / $3,122 = 320.307495 BTC as starting out level of "fuck you" status, and in the future, hopefully, our starting base will change based on a rising price of BTC (no guarantees of course).   It seems to me that if we remain concerned about whether the bottom is "in" or not, then we should be using our most conservative numbers for our base starting amount in order that we would not say "fuck you" before we are actually really ready, willing and able to say it (without having to come crawling back with our tails between our legs).

Note: I recall the first time around, I calculated used a higher price (current BTC price, I believe), and I ended up arriving at around 250 BTC for fuck you status, but I think that using the anticipated bottom price of $3,122 is a bit more realistic because I would rather error on the side of conservative, and I am still only in the 48% confidence that the bottom is "in" thinking.  Of course, if there is a higher level of confidence that the bottom is in, and then a HODLer should use some kind of higher bottom number that would presumably be lower than the current price to calculate reasonable "fuck you" entry levels.
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March 21, 2019, 04:05:44 AM
Merited by Paashaas (1)

So, based on what you are saying, you bought some BTC in the $17k price arena, and is it fair for me to assume that you have bought some more BTC below $17k (like for example at some price points between $3122 and $17k)?
I have started at that time and bought on several phases. 12k, 8k, 7k, 6k, etc. When I have a little money to take a risk I buy BTC. Also, I will buy more if I can.

Yes, that makes sense.


Yes.  One thing is having a set of BTC accumulation targets and a tentative plan for achieving "fuck you" status, and another thing is realizing that there exists a kind of BTC price dynamics that might cause greater abilities to accumulate more BTC and therefore increasing the likelihood of reaching preconceived targets and/or reaching such targets sooner.
Long term holders contribute to the market. As there will have some portion of locked. So do not need a buyer for that portion, buyer needs only for the rest of the portion.

The BTC market remains strong enough that we do not need to consider whether we are contributing to it, exactly.  So, in that regard, each of us should be attempting to tailor our BTC plan/strategy, as best that we can, to our own personal situation which involves our other investments, cash flow, views about bitcoin, risk tolerance, skills and timeline.

Like you suggest, I agree that HODLers do not hurt bitcoin, and they actually cause BTC price bottoms because they are not going to sell, which causes limitations regarding how low BTC price manipulators are able to push down the price before it can no longer go down, which means the price goes up from such point.   
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March 21, 2019, 04:49:41 AM
Merited by JayJuanGee (1)

Announcing Lightning Loop Alpha: An Easier Way to Receive on Lightning.

Quote
The vision for Lightning Loop is to allow users to securely move funds in and out of the Lightning Network using non-custodial Bitcoin contracts.
With Loop, users, businesses, and routing node operators are able to keep Lightning channels open indefinitely, making the network more efficient, more stable, and cheaper to use

Yes please, this is good stuff Smiley

https://blog.lightning.engineering/posts/2019/03/20/loop.html
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