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

[P_Shep]

@fillippone - People suggested the halving was priced in before the last one (and I presume the first one but I wasn’t around then).

I guess nothing continues the same way forever but we’ll definitely have a post halving BOOM again imo.

My body is ready

Exactly.
For first and very much for second one: 'People are aware of it this time'... then BOOM.

So yeah, will moon after.

[LFC_Bitcoin]

@fillippone - People suggested the halving was priced in before the last one (and I presume the first one but I wasn’t around then).

I guess nothing continues the same way forever but we’ll definitely have a post halving BOOM again imo.

My body is ready

Exactly.
For first and very much for second one: 'People are aware of it this time'... then BOOM.

So yeah, will moon after.

It might take a while after the halving but it’s like a domino effect, people start buying more than normal, noobs come in, institutional money flows in & it all translates into one big fat FOMO which sends us parabolic.

This time I will sell some though. I was like a rabbit in headlights last time

[JSRAW]

Well, that's start and i agree with Aliant CEO Eric Brown's statement “Adoption happens when you’re able to earn cryptocurrency, and then go on to spend it.” I would love and want to see this in reality. Let's say next decade or so, where i can spend my tiny stash just like Fiat with ease, instead of converting.

Aliant to Pay Part of Employees’ Compensation Packages in Bitcoin

United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency.

In a press release on Oct. 16, Aliant said that the offer reflected a desire that employees become invested customers in the shift to digital currency.

[mindrust]

via Imgflip Meme Generator

Btw..... one of my best friends is a salesman for BMW, yesterday they had an inspection, they asked where is the gender-neutral restroom......
They didn’t have one.... the guy said better provide one it will be obligated!

Where the F*** are we going at 

It's just (one) result of sick human minds.
Bad news is, we all have this sickness, buddhists call this part of our mind "the ego", which makes us vulnerable to hysteria.
If we continue like that, crippling common sense, we will end up pretty bad as society.

All I need is a few million bucks so I get to choose my own society of healthy people.

Poor fucks will have to interact with those sick people every day, like I have been doing for nearly 10 years...

[JayJuanGee]

@fillippone - People suggested the halving was priced in before the last one (and I presume the first one but I wasn’t around then).

I guess nothing continues the same way forever but we’ll definitely have a post halving BOOM again imo.

My body is ready

Exactly.
For first and very much for second one: 'People are aware of it this time'... then BOOM.

So yeah, will moon after.

It might take a while after the halving but it’s like a domino effect, people start buying more than normal, noobs come in, institutional money flows in & it all translates into one big fat FOMO which sends us parabolic.

This time I will sell some though. I was like a rabbit deer in headlights last time

FTFY     

[Gyrsur]

got liquidated on testnet.bitmex.com because of my poor risk management. 

[JayJuanGee]

got liquidated on testnet.bitmex.com because of my poor risk management.  

We need d_eddie to slap you upside the head Gyrsur so you will start to follow his system.  Getting liquidated with relatively small price movements likely indicates that you are gambling too much with your BTC trading tactics (even if they are play ones).

[Gyrsur]

got liquidated on testnet.bitmex.com because of my poor risk management.  

We need d_eddie to slap you upside the head Gyrsur so you will start to follow his system.  Getting liquidated with relatively small price movements likely indicates that you are gambling too much with your trading tactics.

to be honest I had no risk management. just poor gambling as you said. like the average Joe on BitMEX which might be around 80% of all traders.

EDIT: Master Eddie's system is very sophisticated. to me it seems like a combination of rules, experience and gut instinct. not easy to learn neither easy to adopt into some code.

[Last of the V8s]

... Stop dumping fellas.

Personally, I am not dumping any fellas.
Are you implying, though, that it's raining men?

[Last of the V8s]

JSRAW congrats on hero status
richly deserved

[Last of the V8s]

hallelujah

[Gyrsur]

hallelujah

may I ask you to share with me some of the shit you're smoking? 

[Gyrsur]

New Plan: Dumping 50 BTC next time we cross $10k USD. Rick approved. He's nervous as well.

Fuck this action.

this is exactly what whales try to force the dump money to do even now at the 8k mark.

don't be the victim be the actor. refuse to be the victim always because it's not good for mentality health to get in this secondary position.

EDIT: sorry, mixed up decline and refuse  (not my mothertongue)

[LUCKMCFLY]

Precious metals have a reserve of value, but in this case silver has more Industrial use that the gold.

With the worldwide adoption of Bitcoin, I believe that things will change and will see Bitcoin much more valuable, since it would move large volumes of money in a very short time, this would expedite the purchase of raw materials, loans and capitalization of Industries.

Bitcoin’s price appears to follow a fractal pattern of increasing magnitude, where each iteration of the fractal matches the classic shape of a Gartner hype cycle.

Source: https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-part-3-of-4-2e2c002593f1

[Gyrsur]

triple bottom today?

[UnDerDoG81]

via Imgflip Meme Generator

Btw..... one of my best friends is a salesman for BMW, yesterday they had an inspection, they asked where is the gender-neutral restroom......
They didn’t have one.... the guy said better provide one it will be obligated!

Where the F*** are we going at 

It's just (one) result of sick human minds.
Bad news is, we all have this sickness, buddhists call this part of our mind "the ego", which makes us vulnerable to hysteria.
If we continue like that, crippling common sense, we will end up pretty bad as society.

All I need is a few million bucks so I get to choose my own society of healthy people.

Poor fucks will have to interact with those sick people every day, like I have been doing for nearly 10 years...

In Thailand the roles seem still intact. Men make money and bring food home, women take care of children and cook. When I will be rich one day I think Thailand could be a nice place to live.

[HI-TEC99]

New Plan: Dumping 50 BTC next time we cross $10k USD. Rick approved. He's nervous as well.

Fuck this action.

this is exactly what whales try to force the dump money to do even now at the 8k mark.

don't be the victim be the actor. refuse to be the victim always because it's not good for mentality health to get in this secondary position.

EDIT: sorry, mixed up decline and refuse  (not my mothertongue)

Back in October 2014 a whale put up a 30000 Bitcoins sell wall at $300 on bitstamp. People were furiously dumping just below it, but it got eaten and a day later the price was far above $300.

Hodl, don't be the victim.

https://www.cnbc.com/2014/10/09/bitcoins-bearwhale-and-the-future-of-a-cryptocurrency.html

Here's what that wall did to the price (for a short time).



Here's the bear whale emerging.



And you can read the drama starting at this page.

https://bitcointalk.org/index.php?topic=178336.177100

[Searing]

via Imgflip Meme Generator

Btw..... one of my best friends is a salesman for BMW, yesterday they had an inspection, they asked where is the gender-neutral restroom......
They didn’t have one.... the guy said better provide one it will be obligated!

Where the F*** are we going at 

Actually, that might work out. Women's lines are always longer to the restroom at concerts and such. I'd rather chat them up in line instead anyway.

As for companies. Hey, only 1 restroom needed! All that $$ saved. Win/Win.

[El duderino_]

New Plan: Dumping 50 BTC next time we cross $10k USD. Rick approved. He's nervous as well.

Fuck this action.

this is exactly what whales try to force the dump money to do even now at the 8k mark.

don't be the victim be the actor. refuse to be the victim always because it's not good for mentality health to get in this secondary position.

EDIT: sorry, mixed up decline and refuse  (not my mothertongue)

BoB ain’t no dumper ......

[d_eddie]

Trading disclosure for peeps who are interested.

My short is very happy now! Unfortunately, I haven't managed to make it even with the long after yesterday's minidump. And I've been too timid in general. I should have made it much larger than the long - even double! With a tight stop on only half of it (evening it out with the long in case of a ramp up, but keeping it nicely plump if/while she kept going down). Well, hindsight is 20/20. I would have been even happier now, and I could have closed both positions with a net profit.

As it is now I'm still in the game, but it will take one more bounce up to make me whole - or some more risk on the short - which at this relatively low price, I'm unwilling to take.