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

[HairyMaclairy]

Today:  $10,610
1 October: $13,793
1 November: $20,689.5
1 April 2020: $33,103.2
1 November 2020: $56,275.4
1 April 2021: $101,295.7
1 November 2021: $192,462

Weeeeeeeeeeeeee

Looks good to me.

[1713584434]

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[Ludwig Von]

Odds that we have left 4 figures behind forever:

Today:  10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%

You can't do that, hairy mcmac.    

That's out of bounds.

You are projecting too far into a bitcoin future that has not happened, yet.


Furthermore, to be more specific about your egregiousness, you are employing (not only attempting but doing) too many BTC price legs in advance, which breaks the rules of reasonable.

If I were to put a label on your conduct, I would either loosely describe it as reckless or more tightly suggest that it is speculation that overly relies on fractals...

UNFAIR



UNFAIR

That is precisely what you should do if you are taking directional positions and do not wish to get liquidated.  

It is all about risk management.  Of course you update your risk calculations as new information becomes available to you, but you have to have a plan and a pathway, if only to know how you are tracking against it.

Only the ladder drones have the luxury of not thinking for themselves!

I love being a ladder sissy! 

[JayJuanGee]

Odds that we have left 4 figures behind forever:

Today:  10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%

You can't do that, hairy mcmac.    

That's out of bounds.

You are projecting too far into a bitcoin future that has not happened, yet.


Furthermore, to be more specific about your egregiousness, you are employing (not only attempting but doing) too many BTC price legs in advance, which breaks the rules of reasonable.

If I were to put a label on your conduct, I would either loosely describe it as reckless or more tightly suggest that it is speculation that overly relies on fractals...

UNFAIR



UNFAIR

That is precisely what you should do if you are taking directional positions and do not wish to get liquidated.  

It is all about risk management.  Of course you update your risk calculations as new information becomes available to you, but you have to have a plan and a pathway, if only to know how you are tracking against it.

Only the ladder drones have the luxury of not thinking for themselves!

Hey you fuck (of course, asserted with a lot of affection, especially towards the "fractal dependent" hairy who claims to be thinking for himself).  I resemble that statement.    



 


By the way, on a side note,  personally, I believe that it is possible to attempt to employ a BTC plan and approach that requires little to no short term thinking, but that does not mean that planning and thinking have been completely thrown out the window, from my way of doing it.  

For example, from time to time, I engage in tweakings and assessments of my BTC accumulation, maintenance and  liquidation plans.  Accordingly, I have trajectories of how much BTC and how many dollars that I am projected to have at various BTC price points.. maybe accounting for the BTC price points,  but not exactly when they might play out.... So, maybe I plan for if UP or this much UP, then x and if DOWN, or this much DOWN, then y, but there is not really any kind of allocation of when that would happen, just at what price points, so in that regard, I am accounting largely for how much price rather than trying to figure out exactly when it is going to happen.  

Further, I can assess and reassess based on the amount only, rather than trying to figure out timing, exactly, if I still feel comfortable with those projected amount and if they are inline with my present amounts (as you seem to also do) and the ratios of dollars to BTC and/or if I believe that I should change my allocations, or even to change my spending intentions.

So, taking a decent amount of thinking out of some areas of the practice and planning in regards to when does not necessarily take out all thinking or to take out thinking in other areas in terms of whether I consider that I am in an accumulation mode, a maintenance mode or a liquidation mode or some combination of the three.  

Regarding some of the freed up time, I mean I am sorry (or maybe not) to have to admit that I have to spend more time attempting to figure out how many hos, lambos, or blow that I consider to be manageable rather than the short-term direction of the BTC price.  Those consumption of products and/or services can take a decent amount of thinking too... It is not like I am going to necessarily delegate  out that part of my whole BTC experience.. In terms of consumption (which should also be a part of the BTC enjoyment plan), I gotta make some decisions for myself in terms of how I might be feeling at any particular time, no?  

[fillippone]

What a day.
We had a long green dildo.
I had the meme posts, I had the serious posts (I re read this evening, and I suggest you to take your time and read it).
Time to call it a day guys.

[WhereDoWEGOfromHere]

Alrighty guys, tomorrow i will buy my first 50€ worth of Bitcoin. In what do you think should i invest afterwards ? Or should i invest into Altcoin first then when i increase my Portfolio i buy The King BTC?

[JayJuanGee]

Alrighty guys, tomorrow i will buy my first 50€ worth of Bitcoin. In what do you think should i invest afterwards ? Or should i invest into Shitcoin first then when i increase my Portfolio i buy The King BTC?

Get the fuck out of here.  You are in a bitcoin thread.

If you want to compare and contrast shitcoins, then go somewhere else.

You already know enough to refer to other coins as shitcoins, so why you newbie trolling us with your passive aggressive attempt at shitcoin talk?

[WhereDoWEGOfromHere]

Alrighty guys, tomorrow i will buy my first 50€ worth of Bitcoin. In what do you think should i invest afterwards ? Or should i invest into Shitcoin first then when i increase my Portfolio i buy The King BTC?

Get the fuck out of here.  You are in a bitcoin thread.

If you want to compare and contrast shitcoins, then go somewhere else.

You already know enough to refer to other coins as shitcoins, so why you newbie trolling us with your passive aggressive attempt at shitcoin talk?

Wow this post of yours makes me think you are some kind of a different person from the last time you have talked to me.

I am not here to compare, i seek guidance from the smart people who are in Crypto longer than i am.

Well, i saw you guys call other Coins - Shitcoin so .. i was the opinion it is okay to call them like that lol

My bad ... i am a newbie but i think i learn pretty fast

Repaired my mistake in the post above

[El duderino_]

Odds that we have left 4 figures behind forever:

Today:  10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%

You can't do that, hairy mcmac.   

That's out of bounds.

You are projecting too far into a bitcoin future that has not happened, yet.


Furthermore, to be more specific about your egregiousness, you are employing (not only attempting but doing) too many BTC price legs in advance, which breaks the rules of reasonable.

If I were to put a label on your conduct, I would either loosely describe it as reckless or more tightly suggest that it is speculation that overly relies on fractals...

UNFAIR



UNFAIR

That is precisely what you should do if you are taking directional positions and do not wish to get liquidated. 

It is all about risk management.  Of course you update your risk calculations as new information becomes available to you, but you have to have a plan and a pathway, if only to know how you are tracking against it.

Only the ladder drones have the luxury of not thinking for themselves!

I love being a ladder sissy! 

Honoured my word!!!!

via Imgflip Meme Generator

Been to a local festival, the one before Tomorrowland .... and been drinking for me and brother BoB!!!!


Cheers bro’s

Drunk into HODLsleep!

@Ludwig, volgende week Gentse feesten op Dinsdag??

[Biodom]

So this is what I see:

Today:  $10,610
1 October: $13,793 still working
1 November: $20,689.5 working
1 April 2020: $33,103.2 working
1 November 2020: $56,275.4 maybe
1 April 2021: $101,295.7 not working
1 November 2021: $192,462 recovering from a 100K party & traveling

Weeeeeeeeeeeeee

see my interpretation ^^^ above in red

[JayJuanGee]

Alrighty guys, tomorrow i will buy my first 50€ worth of Bitcoin. In what do you think should i invest afterwards ? Or should i invest into Shitcoin first then when i increase my Portfolio i buy The King BTC?

Get the fuck out of here.  You are in a bitcoin thread.

If you want to compare and contrast shitcoins, then go somewhere else.

You already know enough to refer to other coins as shitcoins, so why you newbie trolling us with your passive aggressive attempt at shitcoin talk?

Wow this post of yours makes me think you are some kind of a different person from the last time you have talked to me.

I am not here to compare, i seek guidance from the smart people who are in Crypto longer than i am.

Well, i saw you guys call other Coins - Shitcoin so .. i was the opinion it is okay to call them like that lol

My bad ... i am a newbie but i think i learn pretty fast

Repaired my mistake in the post above

Probably it is better to leave your earlier post stand in the original format because that is how you originally framed the question.

Anyhow, there is nothing wrong with referring to shitcoins as shitcoins because that is what they are.   Accordingly, we don't need to discuss them in this thread or your investments in regards to shitcoins in this thread.

Now, you want to talk about your investment efforts in bitcoin?  and perhaps how often are you going to be able to come up with 50€ and what is your longer term plan in regards to BTC.  You surely are not going to get rich buying 50€ worth of BTC, but you might not be able to pay for food in the event that your cashflow situation is as bad as you made it out to be in one of your earlier posts, so really you need to make sure that your cashflow is in order before you start investing in BTC and then start stressing out because BTC prices might go down to $5k-ish, and then you are complaining that your 50€ worth of value is only worth 25€ or some even lower amount is possible, too.

I know the drill with newbies coming in and complaining poverty and then later getting all emotional, not taking responsibility and then saying that other people told them to buy BTC when they may or may not have been psychologically or financially prepared to be able to create a plan, to follow through, have various contingencies and also a desire to learn and tweak along the way, without getting caught up in bullshit, and getting caught up into thinking about shitcoins is one of those possible distracting pieces of bullshit, at least from the perspectives of a decent number of guys (and gal) in this thread.

[JayJuanGee]

So this is what I see:

Today:  $10,610
1 October: $13,793 still working
1 November: $20,689.5 working
1 April 2020: $33,103.2 working
1 November 2020: $56,275.4 maybe
1 April 2021: $101,295.7 not working
1 November 2021: $192,462 recovering from a 100K party & traveling

Weeeeeeeeeeeeee

see my interpretation ^^^ above in red

Your interpretation(s) has been lacking, recently.

You know that I am supposed to be trolling you for your having had mentioned on a few occasions, in recent times, the "waiting" for sub $9k BTC prices, don't you?

I am "waiting" for a sign from JSRAW regarding when this particular bottom is "in"... Maybe the two of you have been conspiring on the side, recently... hahahahahahaha... to fail/refuse to respond to trolling?  

[JimboToronto]

Wow this post of yours makes me think you are some kind of a different person from the last time you have talked to me.

I am not here to compare, i seek guidance from the smart people who are in Crypto longer than i am.

Well, i saw you guys call other Coins - Shitcoin so .. i was the opinion it is okay to call them like that lol

My bad ... i am a newbie but i think i learn pretty fast

Repaired my mistake in the post above

Don't let Jay get you down but he's right in saying this is a Bitcoin thread and there's a separate sub-forum for altcoin speculation.

Do yourself a favor and don't waste your time with anything other than Bitcoin. I hate the word "Crypto". Only Bitcoin is Bitcoin.

Congratulations on buying your first Bitcoin. Everybody has to start somewhere.

Don't think of it as a portfolio though. Think of it as a nest egg. Don't sell unless you absolutely must.

Keep building your nest egg whenever you can afford to add to it without needing the money for something else.

If possible buy more coin when the price dips but don't sell unless you have to or you can afford to sell enough for a significant purchase without seriously eating into your nest egg. This can take some time. For me it took almost 5 years. Now I'm living happily ever after.

Don't think you're starting too late. I worried I was too late because I missed out on coins worth pennies, dimes, and a few dollars each. I bought in at $68 and regretted missing the chance to buy tens of thousands of coins at a time. Instead I bought 10 and 20 at a time. I still ended up doing OK for myself.

Don't panic and sell if the price falls well below what you paid. It will rise again. Instead, buy more and hold on to them for dear life. Did I mention, Don't sell?

That's the best advice I can give you.

[Ludwig Von]

Odds that we have left 4 figures behind forever:

Today:  10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%

You can't do that, hairy mcmac.   

That's out of bounds.

You are projecting too far into a bitcoin future that has not happened, yet.


Furthermore, to be more specific about your egregiousness, you are employing (not only attempting but doing) too many BTC price legs in advance, which breaks the rules of reasonable.

If I were to put a label on your conduct, I would either loosely describe it as reckless or more tightly suggest that it is speculation that overly relies on fractals...

UNFAIR



UNFAIR

That is precisely what you should do if you are taking directional positions and do not wish to get liquidated. 

It is all about risk management.  Of course you update your risk calculations as new information becomes available to you, but you have to have a plan and a pathway, if only to know how you are tracking against it.

Only the ladder drones have the luxury of not thinking for themselves!

I love being a ladder sissy! 

Honoured my word!!!!

via Imgflip Meme Generator

Been to a local festival, the one before Tomorrowland .... and been drinking for me and brother BoB!!!!


Cheers bro’s

Drunk into HODLsleep!

@Ludwig, volgende week Gentse feesten op Dinsdag??

Yeps, als jullie eens willen komen, Batastunt, Willem de Beersteeg, door Circq. Verder ben ik Dok psychedelica aan het voorbereiden, 15 augustus. Ondertussen zijn we ook een weekje weg, Zeeuws-Vlaanderen eens dit jaar.

[VanguardVale]

https://twitter.com/BigCheds/status/1151869524838404096

[Biodom]

So this is what I see:

Today:  $10,610
1 October: $13,793 still working
1 November: $20,689.5 working
1 April 2020: $33,103.2 working
1 November 2020: $56,275.4 maybe
1 April 2021: $101,295.7 not working
1 November 2021: $192,462 recovering from a 100K party & traveling

Weeeeeeeeeeeeee

see my interpretation ^^^ above in red

Your interpretation(s) has been lacking, recently.

You know that I am supposed to be trolling you for your having had mentioned on a few occasions, in recent times, the "waiting" for sub $9k BTC prices, don't you?

I am "waiting" for a sign from JSRAW regarding when this particular bottom is "in"... Maybe the two of you have been conspiring on the side, recently... hahahahahahaha... to fail/refuse to respond to trolling?  

For now, we are still in the downtrend with lower lows and lower local highs.
The downtrend is intact until we go back over 13.8K.
Second, the digs don't really work on me because I am already past the accumulation phase, at least according to my current investment plan.
Yes, I can buy here and there, but I would be distributing some btc each year, probably, feeding no-coiners.
Of course, if a small shitcoin play would work and some might do (at least temporarily), I would be converting those (in part or wholly) to btc. Bitcoin is the core position, but I do play small games on the periphery as it works better for me in comparison with scalping short term trades.

[JayJuanGee]

So this is what I see:

Today:  $10,610
1 October: $13,793 still working
1 November: $20,689.5 working
1 April 2020: $33,103.2 working
1 November 2020: $56,275.4 maybe
1 April 2021: $101,295.7 not working
1 November 2021: $192,462 recovering from a 100K party & traveling

Weeeeeeeeeeeeee

see my interpretation ^^^ above in red

Your interpretation(s) has been lacking, recently.

You know that I am supposed to be trolling you for your having had mentioned on a few occasions, in recent times, the "waiting" for sub $9k BTC prices, don't you?

I am "waiting" for a sign from JSRAW regarding when this particular bottom is "in"... Maybe the two of you have been conspiring on the side, recently... hahahahahahaha... to fail/refuse to respond to trolling?  

For now, we are still in the downtrend with lower lows and lower local highs.

Yes, we are in a correction from the $13,880 peak, but I would hardly call that a downtrend. 

Even though there is NO one exact way to call the UPtrend or the DOWNtrend, personally, I would like to attempt to play these defiinitions of trends a whole hell of a lot more broadly, so for example, 2013 was either 1 or two uptrends, depending on how you call it, but 2015 to 2017 was an uptrend with a whole hell of a lot of corrections.  late 2017 to late 2018 was a downtrend with some upwards attempts in the middle.

So, in my thinking, ever since mid December 2018 we have been in an uptrend, but we did not realize that until about May 2019-ish.. and the April 1 break above $4,200 was a kind of confirmation of that, which was solidified after the BTC price continued to go up, and pretty much went up to $13,880.

In other words, you don't get another downtrend, you merely get a correction, that is very uncertainty as to where it stops, yet we still remain in the same uptrend that started, more ore less from a bit after the April 1 breaking above $4,200.

So, yeah, you are attempting to call the degree of a reasonable correction within a downtrend, which seems to be quite a dangerous game.

Good luck with that, and I will probably continue to troll you, unless you turn out to be right, then I will have to stop, at that point and likely assert that you were merely lucky.   

The downtrend is intact until we go back over 13.8K.

Sounds like almost a certain way to get Reckt... so hopefully, you are not betting too much on your wait and see status.

Second, the digs don't really work on me because I am already past the accumulation phase, at least according to my current investment plan.

I am glad, because you surely seem like an overall reasonable kind of guy, and if you are only betting a small portion of your stash on such possibilities, then your level of reckt will likely be minimized. 

As you might already realize, I get a bit worked up when relatively strong predictions of BTC's price direction comes up, and I get a bit more worked up when the BTC price prediction  is down rather than UP.

Yes, I can buy here and there, but I would be distributing some btc each year, probably, feeding no-coiners.

I will agree that there is a lot more flexibility in the logic of what you do when you have already largely established the vast majority of your stash, so in that regard, it remains discretionary about how much you might play your cards in each direction.  Surely, if you have accumulated already, then you are largely already prepared for UP, so even if you are anticipating down, you are still prepared for up.

My main criticism of members in this thread tends to come more strongly when they seem to be preparing only for one direction, whether that preparation is psychologically, financially or both.

Of course, if a small shitcoin play would work and some looks like they would (at least temporarily), I would be converting those (in part or wholly) to btc. Bitcoin is the core position, but I do play small games on the periphery as it works better for me in comparison with scalping short term trades.

I cannot really argue with those kinds of discretionary tactics, either - especially if you don't tend to pump them in the thread, so if you are just playing around on the side, then surely those can play either way, even though I personally don't really do that at all, and I am not even really tempted by playing on the side because I consider that my BTC strategy has created enough comprehensiveness for my own comfort level in the quantity of value that it represents and my belief that it is of a sufficient enough size to serve its purpose(s).

By the way, thanks for responding to my stalking of you.   

[600watt]

Pomp
@APompilano
UNPOPULAR OPINION: Bitcoin will reduce money laundering globally, which is exactly why certain people and organizations are fighting it so hard.

https://twitter.com/apompliano/status/1151904025849344000?s=21

this rhetoric is almost a piece of art. contemplate on it. wonderful.

[realr0ach]

Recovering from a surgery on my leg yesterday. Bedridden for the next week / using crutches.

Sheeit.

What type of negro can't even run fast?

[actmyname]

You.

[Patel]

Requesting whales to please buy

Worked in 2013.

Requesting whales to please buy

Requesting whales to please buy again. Whale call of 2018.

Obligatory 2019 whale call, the pods are going to be arriving and they will eat the books like krill