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

[xhomerx10]

Not sending the large avatar image, xhomerx10, has sent me a file, I think you are all, I will be updating.

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 I wanna play!

xhomerx10
Registration date: (May 20, 2013)
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(I took a wrong turn on the internet and fell down the rabbit hole that is Bitcoin.  I'm still falling but I'm picking up friends along the way!)

[kurious]

As a fellow member of this thread, I also want to say that I enjoyed the meet-up. I was surprised how kind everyone was and that everyone get along. It meant a lot for Mic & I think also for the other members. A big thanks to Kurious for making this possible & for the nice planning!

Hey, thanks Cryptoqueeen.  Only just catching up on the thread here, but all the gents and ladies who attended were great and it was a real pleasure to make so many new friends in RL. I tip my hat in salute to everyone and I look forward to next time.

[JayJuanGee]

[edited out]

By "all in" I mean all saved fiat. I own an appartment and a car. With my current profit from Bitcoin, I have the same amount that I will obtain from my salary for the next 20 years until I retire. And I usually save 2/3 of my salary which I convert immediately into bitcoins. Am I at the "fuck you" zone? Not yet, as I have to ensure my retirement. But in the 30-40K price range I will have enough to do it at least in my country, and live happily in a nice beach villa for the rest of my life. That is why I said this is an important level to me. On the other hand, I prefer to wait for the price which I believe is achievable in my lifetime. 40K is a too low and sure target, 120K is way more chalenging but satisfying. So I have 2 plans which depend on my needs in real life. If I am convinced that 40K is the top of the next bull run before a long and nasty bear year(s), I may be tempted to sell most of my stash. But if I am not sure, I will spend only 10-20% at that price range and continue to sell up to 120K. I may use some scheme like 10, 20, 30, 40% on every 50% (or 75%) rise of the price. It is based on your suggestions, which I tweaked a bit, so the overall loss is smaller compared to selling all at 120K. It saves more bitcoins for the bigger prices! My final sell would be at 120K. Plus, anything that I buy from now on untill I start to cash out, I will keep for the time when we finally reach the moon. Will it be 500K, 1mil, etc. I don't know yet. Time will tell.

What you are planning makes sense, and almost no matter what it seems difficult to really have any meaningful sense regarding whether any blow off top would be at previous ATH (path) x2, x6 or x10 or some other amount, so I am unsure about how prudent it would be to make vastly differing plans based on your anticipation of your then feelings about whether a blow off top has been reached. 

Another dynamic that I can sense that you are toying with is to consider to be able to move some of the value that you have in BTC to some other locked in and assured asset, in order to preserve your BTC profits, and I am kind of torn about the necessity to act on those kinds of motivations, even though I understand that so many people have those kinds of motivations - so none of us can really step into the comfort level of other people. 

Part of my thinking comes from the Morpheus meme that you might not need to hedge so much into other investments because merely keeping some value in bitcoin will be sustaining enough based on all available options and even while understanding that BTC corrections might still be violent, BTC is still likely to sufficiently hold enough value that there is no real rush to employ rash strategies in terms of cashing out your holdings.

This morpheus meme:

[makrospex]

Female(s) in WO, nice 

Most men truly fear women, most of the time there are two reactions as signs of fear when a woman enters a room full of males:
Type 1 becomes quiet
Type 2 becomes active (compensational behaviour)

Now i dearly hope that realr0ach is type 1.

[Gyrsur]

I guess the Wall Street scheme could be this these days:

1. short the Bitcoin derivative on CME and push the price als low as possible below $10k
2. buy back physical Bitcoin on Bakkt
3.
4. Profit!!!

Don't be fooled by the smart money, Bitcoiners!

[kurious]

don't be a stranger Mayor, I got a feeling we could really use your humor here the next little bit

Yep - you've been missed BMB.  Stick around a while, will ya?

[JayJuanGee]

...$1,800 are within realms of reason remain quite fantasylandia scenarios, and you have not been out of breadths when engaging in fantasylandia practice, especially given your track record of stupid-ass overly bearish BTC predictions (that did not come to fruition, need I say?).

With the amount you wrote there I must conclude it's yourself you're trying to convince, not me.

This is a public thread, diptwat, so I was responding to your nonsense, out of hope that, perhaps, there might be a possibility to save one reader (or more) from taking your level of stupid, as if a serious consideration. 

Why would I be so naive as to believe that I would be able to convince a troll/shill fantasylandia living nutjob like yourself?             

[BlindMayorBitcorn]

waka waka waka

[machasm]

So when is the bounce?

[kurious]

You guys are epic.  

The meet was epic, first evening was alcoholic AF  
But I did stand my ground

My girl fell down the stairs, I don’t even remember much after taking her back.
We went through about 10 bottles of Rose, some fizz, multiple shots. I feel sick thinking about it now.

 

I think I went green in the cafe the next morning.

Hah serves you right. You were the bastard that kept buying the shots.  

I was very quiet and well behaved.

Ahem, I don't think I have ever heard the word 'cunt' repeated so many times at such high decibel levels.  But you are a bloody star, Hairy....

and you've posted like a boss since, too.

[d_eddie]

Bahahaha

That sideways shit was getting on my nerves a bit.  Much more relaxed now that we have broken downwards.  Need to shake the tree.  

Bring it on.  

At what point would you break into your reserve fiat? I’ve got a good amount of dirty fiat locked away but never had the balls to go all in on it. I think if we hit something ridiculous like $5,000 I’d have no choice but to.

I'd throw half of my stinky fiat at it @5k, just so I don't feel betrayed if she wants to take one more refreshing dive.

[VB1001]

I wanna play!

xhomerx10
Registration date: (May 20, 2013)
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Description of your avatar: (Colours of the Romanian flag with a stylized aquila on the crest)

(I took a wrong turn on the internet and fell down the rabbit hole that is Bitcoin.  I'm still falling but I'm picking up friends along the way!)

Nice to have you there xhomerx10 > https://wohats.blogspot.com/

edit: Curiously, the most visited post is this > https://wohats.blogspot.com/2019/09/because-hat.html



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[erre]

Not sending the large avatar image, xhomerx10, has sent me a file, I think you are all, I will be updating.

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erre
Registration date: (October 28, 2013, 09:33:06 PM)
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Description of your avatar: honey badger dosen't care

[d_eddie]

...$1,800 are within realms of reason remain quite fantasylandia scenarios, and you have not been out of breadths when engaging in fantasylandia practice, especially given your track record of stupid-ass overly bearish BTC predictions (that did not come to fruition, need I say?).

With the amount you wrote there I must conclude it's yourself you're trying to convince, not me.

You've been away too long, toknormal, if you think what JJG wrote here is any significant amount.

[Raja_MBZ]

I'm not expecting ~$9000 support level to break down, but if it actually does break down, $6000 ain't out of cards.

Whoaza Raja.

You seem to be a bit ahead of yourself, and yes I do agree that there should be some decent support at $9k, but there should also be some decent support in the $8k to $8.5k range too, no?

Hmmm... from a bird's eye view at the late-2017 to 2019 price chart, it doesn't really seem like that $7xxx-$8xxx are the levels which can prove to be strong (as both, support and resistance). I know this is a very big range of values, but that's just how I look at it!

[kurious]

Bahahaha

That sideways shit was getting on my nerves a bit.  Much more relaxed now that we have broken downwards.  Need to shake the tree.  

Bring it on.  

At what point would you break into your reserve fiat? I’ve got a good amount of dirty fiat locked away but never had the balls to go all in on it. I think if we hit something ridiculous like $5,000 I’d have no choice but to.

I'd throw half of my stinky fiat at it @5k, just so I don't feel betrayed if she wants to take one more refreshing dive.

Guys - you aren't going to break open the piggy bank for a $5K buy.  Because it isn't going to happen.  This necessary dip will end well. It's the end of an overheating and consolidation period and the wind will change.  

Just chill, listen to Hairy - and grab any cheap coins you can while you still can.  

[erre]

Anyway, seems like the price is going from sideways to down. I hope it will then move up, and we can see some healthy and funny 10% daily volatility again. Volumes are still low though.

This summer was absolutely boring regarding btc.

[El duderino_]

dear WO-MFs, subject Grysur is still alive but because of #opsec it will never attend to any meet-ups ever in the future. I'm very ugly so you can thank me later.

let's start the games - "buy when there's blood in the streets"  

Some of the guys were really paranoid about OpSec but by the end of the weekend most of us know each others first names. My girl got really drunk & left her phone in the bar which was returned by one of the WO’s.

I think these guys are probably more trustworthy than a lot of my RL friends. It’s a bit like mutual respect of each others concerns manifests itself in absolute trust & respect.

Indeed ..... As I also had a small thinking that all members that where there where truly old accounts, involved when BTC was only a not to expensive new thing and all of those members where still active all the time, so I bet a member as old as the ones in the meet where truly into BTC and BTC learning whiteout any wrong thinkings or whatsoever

I was the youngest account so I was lucky I could join
Though there still was one only HERO as well there

We where almost thinking of putting him on the HEROmember table over dinner

[HairyMaclairy]

Daily RSI heading into oversold zone (below 30) in lower bar.  Will represent quite good value if we can get the price a bit lower.  Starting to feel a bit tempted.

[bkbirge]

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