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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330506 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. (170 posts by 1 users with 9 merit deleted.)
DaRude
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In order to dump coins one must have coins


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April 28, 2019, 08:41:56 AM

there is no difference between natural and coded scarcity

No difference in real world scarcity and artificial scarcity?  Okay, by your own statement there's no difference between bitcoin and any altcoin - both are "coded scarcity" - so supply is then infinite because there's no overhead to create them and thus no Schelling point.

This is the stupid world of shitcoiners where they just make up random nonsense to try to rationalize using shitcoins over metals.  Then every piece of propaganda they create to try and rationalize the use of digital shitcoins only rationalizes the use of fiat and an infinite number of altcoins too.  So they then backtrack and try to apply nonsensical double standards to attempt to not promote altcoins or fiats with their horrid, illogical arguments.


C'mon you're not even trying anymore, is that all that nazi glue huffing? Shitcoins make BTC infinite just as much as iron, aluminium and all of other metals make gold infinite. Put down mein kampf and try to come up with coherent replies.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Gyrsur
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Bitcoin Legal Tender Countries: 2 of 206


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April 28, 2019, 09:00:30 AM
Merited by John Abraham (1)

your friendly safety advisor.  Roll Eyes

^^ Welcome to the club and congrats!

For your own safety please follow the rules below:

Rule #1 - create a second account with a nickname (not your real name) and use this account in the future. delete all your posts with the first acount and don't use it anymore (and use Tor if possible).

Rule #2 - don't tell anybody about your investment in Bitcoin.

Rule #3 - forget your investment for at least 5 years and please don't touch it to sell it in panic. just #HODL.

if you follow these Bitcoin basic rules you will stay safe.

EDIT: did some corrections but the post got quoted in the meantime.
VB1001
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April 28, 2019, 09:02:43 AM



Question is because I saw the Elwar-Nadia HAT.....?

Excuse, Mic, I thought it was a new Hat.

(I also have all the old hats saved.)

I am preparing an image with more resolution, if the size ratio is good I will upload it.
John Abraham
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April 28, 2019, 09:05:34 AM

^weekly only afair https://coin.dance/volume/localbitcoins note that site is not entirely trustworthy politically, but the trading data etc seems ok
Glad you like it and happy to be of service. What else do you need? You a trader or hodler or ...?
You'll need a few months of good quality posts to get a hat.
edit: best resource for all https://twitter.com/lopp/status/932350908461133825
I'm newbie in this forum. I have been introduced with bitcoin since 2017, did some research later, bought my ever first bitcoin on 26th of instant.
I have planned to hold at least 2 more years if it don't fall below $3k. If it happens, I will probably sell and wait for more  dip  Grin
Thank you for the links. It's really useful.

Are you saying you would dump your bitcoins if it falls below $3k? Like down %85+ from the last ATH? It seems like you still have a lot to learn.

At that point (below $3k) it makes zero sense to dump. Zero. It is not worth to take the risk of being trapped on the FIAT side just to make peanuts. Let's say it went below $3k and and you successfully sold from $2.9k, at what price point would you want to get back in?

$2.5k? $2k? What if it falls below $1k after you get in from $2k? And most importantly, how would you feel if it shoots up to $50k after you sell from $2.9k?

See? This game has no limits.

What you need is DCA'ing. I am watching this shit since 2013 and that's my final decision on the subject. Doing all-in and all-outs worked for many people and did not for many. DCA however, works for everybody since 2009. We'll have another ATH and it'll work for the $20k buyers too.

One more thing, I believe Elwar said something related to this back in the day:

"If you are going to dump your coins for FIAT, make it count."
I admit that I have a lot to learn, hence, I'm here.
DCA, I never heard of this term until now, refers-
Quote
The Dollar Cost Averaging (DCA) trading strategy is where we actually divide our purchase amount equally into small portions, each portion will be bought at consistent intervals. These intervals can be once a week, once a day or once a quarter. There is a clear psychological advantage of buying using this method because we will be less worried about our buying price. DCA is aimed at long-term investment, and it is highly recommended for peace of mind investing in volatile assets such as Bitcoin. Another advantage of this method is that it is very suitable for payment investment, such as portion of our salary. It doesn’t require a large amount of money to invest, which is not available to everyone.
Source- https://cryptopotato.com/time-buy-bitcoin-meet-dca/
I'm still confused what to do with my bitcoin investment, not much strategy is selected. I have to think twice, will I hold till 2021 or more. As I stated before, I will observe some more and later I will decide. I'm not someone who instantly jump into anything and it has given me huge opportunity. Like a lot of newbies, I was also introduced with bitcoin in 2017 and took it seriously at 2018. It was at the time of ATH, I observed, waited, later decided couple of days ago to invest in bitcoin. If I did back in 2018, I would probably be bankrupt.

Anyway, thank you for the nice words/suggestions and of course, for the new term DCA. I'm happy that I have learned something from here. Looking forward to having more knowledges.

To Gyrsur-
I'm not sure if I'm in the same club you referred. I'm not sure if I will hold for the next 5 years, I wish I could be in your club too.
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April 28, 2019, 09:16:04 AM
Last edit: April 28, 2019, 08:52:17 PM by mindrust
Merited by JayJuanGee (1)

If I did back in 2018, I would probably be bankrupt.

That's why I am advising you to do DCA'ing. Never get in with all at once. Just divert a bit of your monthly income at Bitcoins that's it. It'll add up in no time.

This is how I acquired my stash: (got a bit  of too much FOMO lately Grin)



Coulda gone all in in 2016 and cashed out everything in Dec 2017 and lived like kings now but that only happens in hindsight. In reality, being all in in some asset has serious psychological effects on you. You'll want to dump as soon as you see the green on your portfolio.

Now I See it again, it took nearly a year for me to get my first (and another year for the second Cheesy) whole coin. And only a few days to get my fifth. Wew.
Last of the V8s
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Be a bank


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April 28, 2019, 09:21:16 AM

https://www.taiwannews.com.tw/en/news/3689980
Taiwan's HTC to roll out second-generation blockchain phone in 2019

....
scambust
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April 28, 2019, 09:23:44 AM

Well, I already did cash out some of my long term holdings since 2014. Something like 10x from starting capital. So in effect, all the crypto holdings I have now is just pure profit, win or lose on trades.

For first time investors, this bear market is probably  the best time to accumulate. And you should set buying triggers on known support levels if the price goes down further. Apply DCA on that.
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April 28, 2019, 09:28:41 AM

JayJuanGee, your social credit score is no longer high enough to post.

Yeah right. We now have a world in which the BIGGEST PM shill and intolerant nutjob who does not even know how to pick up a girl is deciding social credit score.... rrriiiiiggghhhhht.

Remember to wake me up when your little dream-time is over.  



Roach's "Hetero Nazi" Credit Score is hovering at -4000 for having not spoken to a fertile Aryan female in 7 years and for anally penetrating the Jewish retarded hermaphrodite Gembitz in a Bitcoin funded homeless shelter. Hitler would not be proud.
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April 28, 2019, 09:33:59 AM

https://twitter.com/APompliano/status/1122116413055889408

Last of the V8s
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Be a bank


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April 28, 2019, 09:45:24 AM

It is dead though really.
All it is is dead trees and dead dinosaurs niftily converted by si and al into lifeless lists of numbers.
No harm in that, mind.
Globb0
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Free spirit


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April 28, 2019, 09:50:11 AM

PM bugs, including roaches, not wanted here!!!!!!!

The presence of non bitcoin people here tells me that bitcoin must be valuable
Last of the V8s
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April 28, 2019, 09:53:29 AM

^

meanwhile, replete with russian swearing,
“Gradually and then suddenly.”
https://i.imgur.com/FQkh1hS.mp4
#dyor #btfd #dca
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April 28, 2019, 10:38:48 AM
Merited by mindrust (1)

A good video to watch :

Peter Van Valkenburgh : "What is Bitcoin ?"

https://www.youtube.com/watch?v=BU3Uk3wzOwI

vroom
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April 28, 2019, 11:24:31 AM
Last edit: April 28, 2019, 11:40:02 AM by vroom

bitfinex - bitstamp spread increased to $330 and it's still climbing

USDTUSD is also increasing on bitfinex.

bitfinex bitcoin: 5525
bitfinex tether: 1.0352

can someone try to explain this? Should not the tether price dump with all this tether fud?

something weird is going on, I smell dynamite. bitcoin will bart up soon.
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April 28, 2019, 11:55:18 AM

Drank a bit too much and cut out coffee today. I feel like shit, happy to see we held strong over $5k and didn't flounder.

We feel the same @the moment, only when I was driving to the next place.... I drive in a police stop for b00z control and got myself a 3h driving license taken of!!! And probably a ticket, first one in my life F*** those F***ers

So we both are F***ed up right now but drunk so having Fun Cheesy

Its Saturday after all

That's why I decided to (almost) stop driving several years ago. I can have others to drive for me, but I prefer to do the drinking myself.... Well, I also loved driving myself but... Guess I can't have everything. Sad

So many stupid laws....

Anyway, today I am very butthurt after knowing how much it gonna cost me to prune/trim my palm trees. Jesus, I feel like I chose the wrong job in life!

Go Bitcoin go! at this rate I am gonna need your help soon!!

And enjoy your saturday Mic! Don't let em get you down!!


He dammit I was unlucky last night, first time they caught me Roll Eyes and so close @ my home that its laughable, still i'm amazed cause I have had 2 gin tonics and 5-courses with wine, so 5 wines and a bit from my GF should be 6 glasses and they were filled good.
I was afraid to blow much to much as .22 stands for just over a consumption and to be punishable, though I only had .31 milligrams per liter of exhaled air...
So after all I have to be happy its only this, cause in Belgium they don't laugh when you have drunk to much and be caught driving.

So it was instant 3 hours driving license taken, and probably 240 euro fine... Luckily they left 5 minutes later and I could go on my way....

Good the rest of the evening was fine and the delay wasn't to long Roll Eyes

For the rest good morning-noon WO-members and let this sober up Sunday get started.
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April 28, 2019, 12:07:23 PM

snip

I am feeling like wearing a hat lately. Where do I apply/sign? Smiley

XhomerX is your man, can always PM him if he missed your post.... You'll be a HAT wearer before you know it Smiley
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April 28, 2019, 12:09:56 PM

Good morning WO brothers!

City match today. Can we thumbs down for City today LOL

By the way seems like Bitcoin is recovering after the tether FUD?

It does not make sense, thing happens with tether and people get scared with their bitcoins. Very funny crypto space LOL
asche
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April 28, 2019, 12:11:06 PM


XhomerX is your man, can always PM him if he missed your post.... You'll be a HAT wearer before you know it Smiley


I was hoping he would notice, and I actually followed your advice before you gave it thinking he missed my queue Cheesy

So impatient haha
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April 28, 2019, 12:12:13 PM

bitfinex - bitstamp spread increased to $330 and it's still climbing

USDTUSD is also increasing on bitfinex.

bitfinex bitcoin: 5525
bitfinex tether: 1.0352

can someone try to explain this? Should not the tether price dump with all this tether fud?

something weird is going on, I smell dynamite. bitcoin will bart up soon.

It's not a new thing. It all started in Nov 2018, when Bfx introduced new fees. For amounts larger than $1mil (or smaller sums but with more than 1 withdrawal per month) the withdrawal fee became 3%, so immediately a gap of 3% was opened between Bfx and other exchanges. At the same time USDT/USD was 1.03 so that arbitrage (Btc/USD/USDT) in Bfx is impossible. Arbitrage between exchanges was possible but traders must took the risk of very slow withdrawal (in matter of weeks and months). The gap stayed until the last big pump to $5K, when gradually it dissapeared. Now that the withdrawal may even be impossible in Bfx if it is true that goverments are blocking the fiat, it becames pointless to try to make arbitrages.
El duderino_
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April 28, 2019, 12:19:46 PM



Question is because I saw the Elwar-Nadia HAT.....?

Excuse, Mic, I thought it was a new Hat.

(I also have all the old hats saved.)

I am preparing an image with more resolution, if the size ratio is good I will upload it.

Np but its a HAT for more to temporarily use/wear it if one wills, like the Bday HAT, Mcdonalds, KFC HATs etc Smiley
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