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

[VB1001]

Congratulations Mic!

I miss those days when I used to have more merit than you. It was something like 600 vs. only 300, now it's 899 vs. 2448.

Three things I'm absolutely sure of:

1. My death.
2. Bitcoin reaching $100k in the next five years.
3. I'll NOT beat Mic in terms of merit ever again.

You will also arrive, you are one step away from being legendary.

Here is nothing free in this world.

Bull.....  It's called an airdrop.

Almost everyone here has received free coins and tokens.

Dump 'em for BTC

FREE BTC!

I know, but I'm not interested, they ask for a lot of data, custionaries, participation in social networks.

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[podyx]

Coming down to $8k?

[zhekinsp]

Coming down to $8k?

Still well above 10K,hopefully no more four digit figures again.Hold your hands together!

[degxtra1]

Coming down to $8k?

Still well above 10K,hopefully no more four digit figures again.Hold your hands together!

no more 4digits

it's confirmed

[Raja_MBZ]

Congratulations Mic!

I miss those days when I used to have more merit than you. It was something like 600 vs. only 300, now it's 899 vs. 2448.

Three things I'm absolutely sure of:

1. My death.
2. Bitcoin reaching $100k in the next five years.
3. I'll NOT beat Mic in terms of merit ever again.

You will also arrive, you are one step away from being legendary.

Yeah, of course, I'm just a hundred merit away from getting to the legendary status. However, quite sure that I'll never be able to beat Mic in terms of merit.

Coming down to $8k?

Still well above 10K,hopefully no more four digit figures again.Hold your hands together!

no more 4digits

it's confirmed

Confirmed? By whom?

[JayJuanGee]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Great idea to buy with your income.


What are you going to do?  Are you borrowing?  Mortgaging the house?  selling everything in order that you can make 5x in a few years?  


You do know that 5x is not guaranteed, too, right?

No but 10X, 20X are

Maybe I am a bit of a fud-dud?    I am feeling a bit bad about myself, and I have said this before.

I hope that bitcoin at least performs as well as the average of the rest of my various assets, at a minimum, which overall the average is about 5.5% per year over a bit over 30 years.  Of course, there have been some assets that have done better and some that have done worse, but my overall average is somewhat locked in place.

Actually, I have not really incorporated bitcoin into my historical average, because surely starting in late 2015, bitcoin's performance started to improve stupendously - yet still my overall portfolio, including the weighting of bitcoin's performance within my overall portfolio, did not really significantly start to skew the overall value of my portfolio until about early-to-mid-2017, so by then, both the size of the Bitcoin portion and the bitcoin price appreciation began to considerably skew the overall performance upwards, and probably if I knew how to perform a bit better calculations, I could probably incorporate those numbers into verifying the extent to which the overall performance of all of my investments improved merely because of the outlandish lopsided upside performance of BTC.

So, maybe I do need to up my numbers, and maybe even to estimate a new calculation of something like 8% per year or something like that?  but anyhow, I try to keep my expectations down, prepare for both positive and negative, and surely with those kinds of expectations, bitcoin has been outperforming any other aspect of my portfolio by leaps and bounds.

I don't really want to change my ways, because I think that my psychology and even my finances remain sound because of my creation of a historical practice that allows me to get rich and to stay rich with the passage of time, so I recognize that if younger folks have both less diversified assets and even a shorter investment history, then they might create systems that both expect higher returns, and perhaps they are going to be able to achieve them, too?  I am not sure if it is might be prudent for anyone to make sure not to put everything into bitcoin and to have his/her expenses covered - maybe even to be able to outline a year or more that cashflow is assured to cover all expenses (including emergency funds), and then maybe with the remainder value 100% of that remainder value could go into bitcoin.  that might work, but still does not seem healthy to expect 20x returns, even though 20x returns could happen, so in that regard, preparation for 20x returns is still accomplished even though expectations are not overly inflated which could cause a kind of recting, too, if expectations are too high.

[Searing]

Meh!

My stats on BPIP. Seems I have trusted too many 'dubious' people on here!

https://bpip.org/search.aspx?q=Searing

https://bpip.org/profile.aspx?p=Searing

Brad

[LFC_Bitcoin]

My stats (I think I post too much )

[JayJuanGee]

[edited out]

I was being sarcastic. The whole forum has no idea if BTC will reach 50k one day, of course we all wish it does.

I was replying to a rude post from ivomm, I got mocked for prediction 10.6k two days ago, and here we are. Yes maybe I act "proud" of my prediction but when you get shit for no reason it's at least reasonable to acknowledge you talked shit and had no clue   It happens. Helps to be more humble too.
 In the meantime, I now buy again, sold at 11.6k, buy at 10.6k as planned last week    Don't know what will be the next move.

Fair enough.

You are right that none of us really know if BTC will reach $50k some day, $100k, $300k, $1million, or $10million, but all of those are within reasonable parameters of prediction, especially given where bitcoin is today, including its historical performance and fundamentals.  So preparing for grand upwards price movements might not be a "given", they are still decent asymmetric bets that seem to be more than prudent.. and likely even advisable for all people to put 1% or more of their networth into bitcoin (maybe absent someone who cannot create at least a 5 year investment timeline due to a short life expectation or some other reason that they need to keep their assets more liquid on a shorter timeline).

I agree that up and down fluctuations of 10% or more are more than reasonable; however, I wonder how prudent it is to be selling very much of your BTC stash with those kinds of expectations of a 10% or so downward BTC price movement that might not pan out.  Seems a bit risky.

Are you trading with just a small portion of your stash, or are you trading with more than 50% of it?  I agree that Ivomm may have responded a bit strongly, but there are surely a decent number of active bitcoin hodlers who have stupendous bitcoin returns and overall BTC portfolio performance without selling any BTC through their whole time investing in BTC.  I recall that there are even a decent number of actual studies that show that traders end up performing much worse than just buying and holding and accumulating BTC  even if that buying and  holding may have started at higher prices, such as towards the December 2017 top at $19,666.

I am guilty of some of the same hostility towards folks who are predicting downward BTC price movements, even when their predictions might be reasonable,  so anyone predicting downward BTC price movement and posting it in this thread should be prepared to back up their assertions a bit more than those predicting upwards... I think that it is the nature of investing in something like BTC, which is already under attack on a regular and ongoing basis by naysayers, FUD spreaders and alt coin pumpers.

[Biro Bob]

This is a good news on the day when Barclays cut his services to Coinbase.

Interesting that they would do this right now. I wonder if they’ve done this to stem the tide of GBP flowing into BTC during the Brexit volatility. They’d rather the money went to the stock market or other fiat currencies.

** Honest Guv! I don’t really own a tinfoil hat... **

[fillippone]

Fillippone just pawn in the Game of Bitcointalk...

[zhekinsp]

Coming down to $8k?

Still well above 10K,hopefully no more four digit figures again.Hold your hands together!

no more 4digits

it's confirmed

Hanging at $10200,so how did you say its confirmed? Wale is gonna wake up!

[realr0ach]

It's happening:

[JayJuanGee]

Yeas I hold Bitcoin try to hold on large amount Big mistake in my life when bitcoin price $3300 sell bitcoin. trying hold bitcoin with use Stop-loss.

I suggest you sell all your bitcoins and empty your bag. There are no point to hold with this mindset. You don't want to see at $3k again. do you?

Sir, really possible $100k per Bitcoin next 2-3 years?
last year 2018 $20k to dump $3k....
after 2-3 year next $13k to $300 only.
Rich man to poor man possible.

Besides, bitcoins are not for those who does not believe in it.

Yeah, you are correct, Pamoldar, that peeps have to prepare themselves for UP and DOWN BTC price movements if they are going  to be investing into BTC.. and not get so worked up about the whole BTC volatility matter.  Like several of us frequently assert:  One of the most guaranteed and likely things in bitcoin remains its ongoing volatility for at least several years into the future.

[El duderino_]

via Imgflip Meme Generator

Yeah this Legendary bitcointalk status and especially to call myself a WO-Made Legendary member needs a drink

So thank you guys and let me have a celebration drink on the “Legendary status”
Its all because of the WO members help
THX for giving me this awesome time on bitcointalk


Cheeeeers

[JayJuanGee]

We can clearly observe that the bull needs to dip briefly, in order to get a grip for the parabolic ride.



Love it.

That's a hilarious visual. 

One of the bull clowns, taking one for the team and then landing on his feet. 

If that kind of flippening were to happen to me, I would have been soon heading for the exit.  But then again, it has been years since I would have been even physically capable and/or risk-loving enough to engage in such usage of my meat wagon.

[_javi_]

via Imgflip Meme Generator

Yeah this Legendary bitcointalk status and especially to call myself a WO-Made Legendary member needs a drink

So thank you guys and let me have a celebration drink on the “Legendary status”
Its all because of the WO members help
THX for giving me this awesome time on bitcointalk


Cheeeeers

Cheeeers legendary Mic!!

[El duderino_]

via Imgflip Meme Generator

F*** it

A Legendary prediction !!!!!!

[JayJuanGee]

[edited out]

See, this is the salient point, JuniorJiggly:

Hahahahahaha

Finally you come out with a half-way decently good one.

Those previous ones were just lame, and seemingly forced.  this one has a kind of flow to it, including a possible disparaging (even though I don't agree with it) deeper meaning, too.

I am posting facts with links to supporting evidence, and you keep characterizing them as 'a bunch of made up bullshit'. You are being Deceitful, Dishonest, and Dissembling.

Who cares about your nonsensical diversions that are both attempting to emphasizing the wrong facts and furthermore coming to the wrong conclusions anyhow?  

Accordingly, you come to the wrong conclusions based largely on your ignoring and downplaying important and material subsequent events that happened in bitcoinlandia - largely emanating from events such as: 1) the August 2017 fall out of the segregated witness activation, 2) the failure of the segwit2x hardfork, 3) the amazing BTC price rise in late 2017 and 4) the mostly failure (except for the attempted bolstering of BIG BLOCKER FUD talking points) of the December 2017/January 2018 BIG Blocker spamming of the BTC blockchain.  

So who cares about your stupid-ass attempt to emphasize alleged "facts" that happened before, minimally, those above four outlined events, you dumbass.

[mindrust]

Name of the pizza is where I am right now. Anyone recognize this?

Did they give you a shot of a weird liqueur free at the end of the meal?  I went to a (very average) Barcelona restaurant in February last year that looked exactly like that one and gave me a crappy shot I didn't really want - red, I think.  It was pretty empty and that end was divided from the room by a sort of banister.  I think it was even a step up from the room.

Just er... wondering if it's a weird coincidence.

Nope. They didn't give me anything like that. The restaurant itself isn't that crappy but it surely isn't for the bitcoin lords neither. :d Just a place to fill your stomach for €20 (probably overpriced, like I said, tourist trap) It is on "la rambla" street and also where my hotel is at.


I wanted to find the goddamn bitcoin atm at the port yesterday, couldn't do it. I need a photo there. Not leaving BCN without that damn photo.

End of the vacation, back to business.

Triangle shape is still in play.
https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

Hopefully it will moon after the shape gets completed but something  fishy is in the air. It smells. There isn't enough hype. This looks like a bad picture but Bitcoin almost always moons when least expected. When everybody starts to think "it is dead", bitcoin makes a comeback and rips all.

Saw this post on reddit few days ago and wanted to see it by mt own eyes.
https://old.reddit.com/r/Bitcoin/comments/cll35p/bitcoin_atm_at_el_centre_de_la_villa_barcelona/

Here is the promised ATM photo from BCN, found the motherfucker: