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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25879393 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 5 users with 9 merit deleted.)
Toxic2040
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August 29, 2019, 09:19:28 PM

Some rumblings up thread about best and worse bitcoin actions...had to dig around some in the necro threads to find what I was looking for...but here we go.

https://bitcointalk.org/index.php?topic=2548113.20

I am looking at one of my $17k graphics cards(bought for about 1BTC each back in 2014)right now...and yah..there is some regret I didnt hodl longer. Even worse..I can see the front fender of my truck sitting out in the driveway...bought that for 30BTC...not quiet a 150mio pizza...but it does sting. On the positive side..I tell all my friends that I drive a half a million dollar ride. 

That is what I call my 'bad' decisions..though truth be told..I still have that truck and will never sell it. Mostly for the fact of when I roll up to my friends houses in it and park next to their eurotrash cars. Equally important is the fact that its completely mechanical. No on board tracking or even electronics to fail..

As for the video cards..well..they 'earned' their way so really no complaints there.


As for the good...whelps..heres a peek..  The 'cabin' is starting to look pretty decent.

A 10kWh grid tied solar array.



btw..that bear scat was just behind the treeline(there is a trail)... and the river runs about a 100 yards past that.

Not a terrible way to wake up in the morning I guess..





Whats my point?  None really..other than the fact that when I traded for that truck I did it at absolutely the worst time. June of '13...the price had just rallied heavily from tens of dollars to a few hundreds of dollars...and then crashed back down to 50ish..   I flat out panicked and went full chicken little. I thought I was so clever dumping before it crashed down to zero....LOL.  Traded those 30 coin at around $65 for a $2k truck...   Now there is some back story as there always is..  I had the extreme need of a truck at the time to haul a trailer over the pass a couple of times and did a fast and dirty swap thinking I would be happy if it would just last a week. Turned out the truck just had a almost complete rebuild. New engine and tranny(less than 20k miles). I have put 50k on that truck and besides tires and oil changes it has not let me down once. Purrs like a kitten..   Wink


Just shows to go you how funny life can be at times.


--------


OMG.... Toxic has been taken over by an alien (AKA bearshill doom and gloom pumper).  What you shooting for?  Sub $8,500 or some other "reasonable" bearish price that may or may not happen?


And here I thought my disguise was working...fml.  Actually looking at $7.25k Jay tbh...  You should know by now jjg that I just read the tea leaves..I dont make em.

My personal guess is that the honey badger is going to come along and spank all these wanna be bears once word gets out how shaky fiat systems actually are at the moment. Times be a changing my friend.

This dosent mean I wouldnt mind a nice diiiiiiiiiiiiiiiiipppppppppp and to scoop up some more cheap coin. *shrug*


Here have a +1 WOsMerit just because.

Carry on.

You vision comes off as so damned "reasonable" that I have difficulties hating upon you with any degree of pent up vehemence.

Nonetheless, I recall that a decent number of occasions in which you had come out with similar negative proclamations of "reasonable" quasi-certainty that were announced towards the bottoms of correction cycles, and ultimately did not come close to playing out in anywhere near your pessimistic tealeaf-reading direction.... 

but hey, you seem to be engaging in a fairly risky task to take actual stances through your chart putting out activities ... All in a days work, I suppose, and if you promulgate enough charts, sooner or later, with a little praying and abracadabra, you are going to be spot on and within the monies.   Wink Wink


I will assume a benevolent stance on this matter...as you seem to be doing youselfie...   Cheesy

I am happy you see fit to accept my tea leaf readings for what they are in a speculation thread..God forbid someone actually took all of this seriously....

That being said..Id be happy to compare strike rates anytime.    Grin
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August 29, 2019, 09:49:49 PM

Do you still have coins/have bought back ?

Yesterday and today, BTC drops about ~10%. Meanwhile my company's stock, which was stuck in a narrow range for the whole year, jumps 10%, almost making up the difference !

I think it's even positive if considering the tax situation, as the company stock is completely tax free.

I would probably sell about 1BTC worth and buy a coin, if that wasn't unreasonable and not my current plan. That will wait until I got a house.
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August 29, 2019, 09:50:35 PM

Bitcoin under $5000 by Christmas.  Shitcoins due for a bloodbath too in a huge way. (My guesses)

Look who the cat drug in?  There must be some hopium building up with dumbasses who sold too many BTC and too soon.

Pobrecito, sorry for your loss (NOT really).  You are not too likely to get any of those BTC back that you sold in the $5k to $6k range for less than what you sold them for, and likely you would be better off, either just buying some or all of them back here, or perhaps you might get lucky to be able to pick up some coins in the $8,500 to $9k range, perhaps, perhaps, but I would not bet the farm on being able to achieve such a buy back price, so probably better that you just eat some of your losses in order that you might be able to become less of a loser than you already seem to be and seem to want to continue to be.
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August 29, 2019, 09:57:03 PM

Damn this place is full of beartrolls today. They smell fear. #HODL brethren.

BobLawBlawbuyingthefuckingdip.gif goes here  Grin

Blawb does not buy the dip.  He buys when the BTC price is going back up, and then he complains when the BTC price corrects below his purchase prices... hahahahaha.    

That's his way; not going to change that old dog.    Cheesy Cheesy Cheesy Cheesy
Toxic2040
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August 29, 2019, 10:02:33 PM

Do you still have coins/have bought back ?

Yesterday and today, BTC drops about ~10%. Meanwhile my company's stock, which was stuck in a narrow range for the whole year, jumps 10%, almost making up the difference !

I think it's even positive if considering the tax situation, as the company stock is completely tax free.

I would probably sell about 1BTC worth and buy a coin, if that wasn't unreasonable and not my current plan. That will wait until I got a house.


Well...you see about that...

There was this terrible boating accident awhile back...afraid to say....all that data was lost..permanently.  I try to carry on as best as I am able.
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August 29, 2019, 10:05:49 PM

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?
aesma
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August 29, 2019, 10:11:02 PM

Toxic2040 : ah yes I remember having read something about it.
HairyMaclairy
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August 29, 2019, 10:14:21 PM

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?

= Lambos and WAGs
Toxic2040
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August 29, 2019, 10:19:04 PM

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?

Yes Jay..exactly.     Cheesy


-------


Toxic2040 : ah yes I remember having read something about it.


I am sure I am not the only unfortunate one out there to experience such a terrible tragedy...let alone the first.
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nothing to see here


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August 29, 2019, 10:28:15 PM

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?

Lambo horsepowers  Grin
Hueristic
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August 29, 2019, 10:43:08 PM

If bitcoin falls to 5k that would be the first time in bitcoin's history to make a 8 month bull trap and go bearish again.

This time it is different. ™

Why so?

Institutional futures for one.


Mic = no computer expert Tongue

And out in a few minutes, its thursday @the movies day Cheesy

Thx for reminding me,


Stfu JJG! Cheesy
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August 29, 2019, 10:46:59 PM
Last edit: August 29, 2019, 11:23:16 PM by JSRAW

"Theymos Is Deleting Bitcoin's History - Roger Ver"    Grin Grin Grin

https://www.youtube.com/watch?v=hU7343Ji8GI

Theymos Reply in Meta

What really happened was that in 2012 he posted his Bitcoinica topic twice: once mistakenly in the Russian section, and once in the proper section. Then recently a Russian user happened to stumble across the Russian duplicate for some reason, reported it as non-Russian-language, and a Russian mod archived it. The real topic with replies was never touched. You can verify all of this with archive.org if you want.

I wonder if he's actually paranoid enough to believe that I'm secretly editing this kind of ancient history for some arcane reason (while also sending out notifications about it), or if it's pure propaganda. I've always found it amusing how Roger Ver, who styles himself some "high-powered CEO", seems to get so worked up about little old me, a 4chan troll at heart who admits to having essentially zero personal ambition.

 Original thread with replies

@John don't worry bro, but i do feel bad for him because of hack.
John Abraham
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August 29, 2019, 10:56:55 PM

"Theymos Is Deleting Bitcoin's History - Roger Ver"    Grin Grin Grin

https://www.youtube.com/watch?v=hU7343Ji8GI

Theymos Reply in Meta
This statement is true if you know how much true his claim of BCH as real BTC.

Don't make this news so viral, this is probably his target to get attention from newbie and trapped them into BCH as real BTC.
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August 29, 2019, 11:00:29 PM
Last edit: August 29, 2019, 11:16:07 PM by SuperTA

@Hueristic

If you mean Bakkt,  they will have physically settled bitcoin futures so it won't have unregulated and manipulative market activity.
I heard before that the futures will bring bitcoin from 20k to $700. Well it didn't. It corrected as always around 80% in the bear markets.
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August 29, 2019, 11:34:50 PM

If bitcoin falls to 5k that would be the first time in bitcoin's history to make a 8 month bull trap and go bearish again.

This time it is different. ™

Why so?

Institutional futures for one.


Mic = no computer expert Tongue

And out in a few minutes, its thursday @the movies day Cheesy

Thx for reminding me,


Stfu JJG! Cheesy

Angel has fallen.... it was better as the previous 2 movies (not a +8 movie but enjoyable) Cheesy
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August 29, 2019, 11:56:25 PM
Last edit: August 30, 2019, 12:10:25 AM by Biodom

Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed.
Asset inflation continues unabated.
Market will lose confidence in the sustainability of money-printing suddenly.

https://twitter.com/jimmysong/status/1167203731550670851?s=21



Mmmmmm plan BTC


Suddenly? I thought so too, then remembered that Japanese are at it since 1989 (for 30 years).
I don't wish for that day to come, so this suspended animation might be OK
I give the sudden loss of confidence 50:50 chance in the next 10-20 years.
El duderino_
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August 30, 2019, 12:01:56 AM

Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed.
Asset inflation continues unabated.
Market will lose confidence in the sustainability of money-printing suddenly.

https://twitter.com/jimmysong/status/1167203731550670851?s=21


Mmmmmm plan BTC


JayJuanGee
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August 30, 2019, 01:24:58 AM

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?

= Lambos and WAGs

What are WAGs?

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?

Yes Jay..exactly.     Cheesy

Hm?  You are strutting a decent amount of confidence, even while I have no recollection of my Opsec devolving in that measure of grandeur or lackenings.

[edited out]
That being said..Id be happy to compare strike rates anytime.    Grin

What are "strike rates?"  Similar to penis sizes?

Lambo horsepowers  Grin

That's starting to make sense.
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August 30, 2019, 01:37:38 AM

China could launch its cryptocurrencyCBDC as soon as November 11...

Speaking under terms of anonymity, the source, who previously worked for the Chinese government, confirmed that the technology behind the cryptocurrency has been ready since last year and that the cryptocurrency could launch as soon as November 11, China’s busiest shopping day, known as Singles Day.

Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.

At the time of launch, the recipient institutions will then be responsible for dispersing the cryptocurrency to 1.3 billion Chinese citizens and others doing business in the renminbi, China’s fiat currency, according to the source.

https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency/
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August 30, 2019, 01:49:47 AM
Last edit: August 30, 2019, 02:54:01 AM by Biodom

WAGs=wives and girlfriends, usually of famous personalities, rockstars and/or football players (football that is called soccer in US).
This term is not typical in US, mostly in use in UK and probably Australia.
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