Bitcoin Forum
March 02, 2021, 02:59:35 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

Pages: « 1 ... 25276 25277 25278 25279 25280 25281 25282 25283 25284 25285 25286 25287 25288 25289 25290 25291 25292 25293 25294 25295 25296 25297 25298 25299 25300 25301 25302 25303 25304 25305 25306 25307 25308 25309 25310 25311 25312 25313 25314 25315 25316 25317 25318 25319 25320 25321 25322 25323 25324 25325 [25326] 25327 25328 25329 25330 25331 25332 25333 25334 25335 25336 25337 25338 25339 25340 25341 25342 25343 25344 25345 25346 25347 25348 25349 25350 25351 25352 25353 25354 25355 25356 25357 25358 25359 25360 25361 25362 25363 25364 25365 25366 25367 25368 25369 25370 25371 25372 25373 25374 25375 25376 ... 28353 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25185366 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. (157 posts by 13 users deleted.)
infofront
Legendary
*
Offline Offline

Activity: 2296
Merit: 2282


Shitcoin Minimalist


View Profile
November 22, 2019, 09:38:51 PM
Merited by jojo69 (1)

Hopefully 6400 will have a shot, but the speed down is brutal and the volume is still sad and longing for the Bargain Boyz to return.

If 6400 doesnt hold I dont see how we dont get to at least as low as 5200. That should be a compelling price even for the stingy, cold and calculating Bargain Boyz.

Damn Lambie, I have to say I'm pretty impressed with the general gist of your calls over the last couple of months. Your bearish leanings have been vindicated.

The Bargain Boyz attempting to pick up just north of $7k have thus proven themselves to not be very good at their profession. The real Bargain Boyz will only be known to us after they have already picked up. The art of identifying the steep dollar-store bargain as its happening is one that is difficult to master.



Sir take my last 4 merits. The obvious truths are hardest to see through a cloud of bias and neediness and I commend you for having vision to pierce through that miasma. The bubble to 14k while it was spectacularly surprising and not obvious in its rise, was destined for an obvious fall if you were impartial to the circumstances.

This impartiality is exceedingly difficult for people who have not invested enough. This is counterintuitive so I will explain what I mean.

The general dollar store advice is that if you are biased and stressed about your investment you have invested too much, while this is true, even with Bitcoin, the opposite is also true when it comes to King Bitcoin. It is such a good investment that true bias and stress comes from investing a large amount, but the amount not being large enough.

When you take your investment level to ridiculous extremes in percent of your net worth you become free of worry because you are forced to accept the fact that it could all go to zero and you will be wiped out in savings. As you deal with and accept this possibility early you realize that you are part of a cause greater than yourself and hypothetical losses in the future are inconsequential.

This same phenomena is why you see children with cancer who may not survive enjoying life while their family freaks out and is sad all the time. The child is all in, while the parents are just heavily invested. The child is forced to accept the potential of his death and he becomes ok with it, the parents worry and stress the whole time.  

So the only stress free way I know of to invest in King Bitcoin is to go virtually all in.

Any other option is where the worry can get you and the bias can cloud your judgement.

Move over Tulsi, Lambie is my man! (slightly homo)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1614653975
Hero Member
*
Offline Offline

Posts: 1614653975

View Profile Personal Message (Offline)

Ignore
1614653975
Reply with quote  #2

1614653975
Report to moderator
fillippone
Legendary
*
Offline Offline

Activity: 994
Merit: 5073


Merit Rascal


View Profile
November 22, 2019, 09:40:32 PM

Today bakkt has a record volume 2120BTC+. Congrats to all who bought bitcoins today! Several hundred thousands were traded on the major exchanges, probably way more on all exchanges worldwide, ATM's, etc. Woe to those who sold! The next bull run is about to start!

I am trying to revive a thread about BAKKT.
But looks like nobody like it.
https://bitcointalk.org/index.php?topic=5180571.msg53152317#msg53152317
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2744
Merit: 1405


Clueless!


View Profile
November 22, 2019, 09:48:29 PM

Well, with my BTC hoard I'm deluded (some say) enough that I can't let go. Thus dumped $2,003.66 USD with fees for 0.26679956 BTC over the last couple days

for an average price of at current $7,350 price of a loss now of $1,960.98 or a loss of -$42.68 USD so far. Sad

So pump or dump, I have now triggered the market with my 'magic' touch for one or the other. Feel free to praise me or blame me as things unfold.

But hey, having a hoard since 2013, have to believe that at least $10k BTC will come back someday, or all mining/halving/adoption etc dreams are toast anyway.

So 'forcing self' to drink the kool-aid as long as the line seems to be gone for such at the present time..and grab'ing some more dust!

Boom or Beanie Baby! (tm Searing) (Damn, I need a beer, been a rough week) Smiley
SuperTA
Sr. Member
****
Offline Offline

Activity: 406
Merit: 301


View Profile
November 22, 2019, 09:53:18 PM

This man is pretty godly.

https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/


This is (was) the bottom probably. Maybe it will try one more time to break below 6k... then to the fckn moon.

Yes, that's what i'm talking about. The thread is full of those hopium charts based on the longterm curve that was never a good indicator for the future's price. Based on the previous wrong longterm curves it would be good to lower the curve and expectation. This thread had too many of those hopiums in recent  months that are now bringing a dissapointment to some readers.

P.S. i would like this to happen but let's be real
Biodom
Legendary
*
Offline Offline

Activity: 2604
Merit: 1744



View Profile
November 22, 2019, 09:54:12 PM

This man is pretty godly.

https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/


This is (was) the bottom probably. Maybe it will try one more time to break below 6k... then to the fckn moon.

Only IF we turn around sharply right here or in vicinity and go to 80K-90K in one move, which could happen.


Yes, that's what i'm talking about. The thread is full of those hopium charts based on the longterm curve that was never a good indicator for the future's price. Based on the previous wrong longterm curves it would be good to lower the curve and expectation. This thread had too many of those hopiums in recent  months that are now bringing a dissapointment to some readers.

It could go the other way just as well (much higher than current graphs indicate). Why not?
AMZN chart in the first 11 years of it's existence did not predict the moonshot that followed in the next 11.
Same for AAPL.

cAPSLOCK
Legendary
*
Offline Offline

Activity: 2842
Merit: 2059


Inverse Bearish Spike Indicator!


View Profile
November 22, 2019, 09:57:59 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

I dipped in for a few millions sats here...



But that piercing of the channel haunts me.  We have been in this channel for 6ish months...  that is definitely a breech.

SuperTA
Sr. Member
****
Offline Offline

Activity: 406
Merit: 301


View Profile
November 22, 2019, 10:03:45 PM

This man is pretty godly.

https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/


This is (was) the bottom probably. Maybe it will try one more time to break below 6k... then to the fckn moon.

Only IF we turn around sharply right here or in vicinity and go to 80K-90K in one move, which could happen.


Yes, that's what i'm talking about. The thread is full of those hopium charts based on the longterm curve that was never a good indicator for the future's price. Based on the previous wrong longterm curves it would be good to lower the curve and expectation. This thread had too many of those hopiums in recent  months that are now bringing a dissapointment to some readers.

It could go the other way just as well (much higher than current graphs indicate). Why not?
AMZN chart in the first 11 years of it's existence did not predict the moonshot that followed in the next 11.
Same for AAPL.



I agree. It could go even higher. But what are probabilities for that? Based on the btc history from 2010 those longterm curves were always adjusted to the lower areas, not to the upside. So based on that, it is a much higher probability that this will happen again.
JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:05:50 PM
Last edit: November 22, 2019, 10:19:54 PM by JayJuanGee

Observing @ $7,046
I know some of you are panicking but aren't we going to the right direction?

See where we are now and find the peak!



https://www.tradingview.com/chart/BTCUSD/HbvGBqZG/


Go out, go parting, have dinner, get drunk,  have sex!


Have a HODL sleep.

1) that link is to the wrong chart.  It is linked to an earlier version of the chart than the one that you had pasted.

2) By using your above expression, are you trying to compete with the tried and true expression of hookers, lambos and blow?    That's your own customized variation of such?
El duderino_
Legendary
*
Offline Offline

Activity: 1344
Merit: 4967


Let's LASER together #DUDEphilosophy


View Profile
November 22, 2019, 10:11:52 PM

via Imgflip Meme Generator

So in BTC it’s all about the Nr 21   Cool
JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:16:58 PM

Well I’m going bullish on this dip below 7k$  Cool Cool
Ok so some big whale is manipulating btc but they will get run over when institutional investors get serious 😎

Wow...

Look the troll / historical FUD-spreader, shitcoin pumpener Hyperjacked is becoming bitcoin bullish.   Shocked Shocked   Are you feeling o.k.?  Sure that you are not sick?    Cheesy Cheesy Cheesy
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4386


Be a bank


View Profile
November 22, 2019, 10:22:58 PM
Merited by jojo69 (1), HairyMaclairy (1)

JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:25:07 PM

bItCoiN wIlL NeVeR SeE 6K AgAiN

Here it comes boys.

$6950

Kind of reminds me of jonoiv.  Remember he had sold everything below $6k, and was trying to pump his supposed smarter than the rest of us assertion in this thread for a decent amount of time.

Surely we would like to punish fucktwats like that.  Not because they made a mistake but because they had been trying to sell their position to attempt to get the rest of us to dump our btc or to do something similar as them or whatever was the proclaimed smarter than everyone else goal(s) that so far have not really worked out, and even if the BTC price does  work out to drop below $6k, more than 6 months later, there seem to be a decent amount of both opportunity costs, risk and ultimate wrongness in gambling with king daddy like that.
JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:31:08 PM


Too bad the hat inside the image in the hat in the image is not of the "this is fine" hat, like a droste effect...


Yep..., xhomerx10 is going to have to take some lessons from vroom and his cat in the hat depiction.

hahahahahaha

Gotta get some digs in now and again, even if such "digs" are with our nearly perfect and ever-beloved xhomerx10.....  Cheesy Cheesy Cheesy



Too bad the hat inside the image in the hat in the image is not of the "this is fine" hat, like a droste effect...

 Yeah I can't do droste.  I think Vroom is our resident droste expert!

Yeah... there goes my previously anticipated "zinger" punchline.  Thanks a lot Obama... I mean xhomerx10...  Roll Eyes Roll Eyes Roll Eyes
JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:42:29 PM





Do you see? It never reached the curve! It had to be lowered and adjusted!

In the end, does it really matter if the subsequent chart needed to be adjusted based on change in circumstances (whether facts and/or logic)?

There's no one stop shopping when it comes to chartalism, and even charts should adjust because actual facts that evolve based on a variety of human behavior that involve previous unknowns (that only become known after the passage of time), rather than math is based on human behavior not some pie in the sky projections of "inevitability".


It's funny how the bears here will turn bullish and predict 500k after they got their coins  Cheesy

Well I’m only calling for 150k$ in two years😀
Could see more downside but I love this buying opportunity!

That's the current problem! Too many are calling for at least 100k like it's guaranteed or something. Posting those hopium longterm curve charts which were never accurate in the history of predicting.. Too many people got filled their bags and whales don't like that because noobs dont have any money left to pump whale bags.

Huh?  What the fuck you talking about, SuperTA?  

Are we talking about short-term BTC price moves or longer term BTC price moves?  Seems like you are getting the two mixed up, because the long term is still yet to play out, but there still can be predictions and projections of the long term price moves that may or may not end up being correct, and so fucking what about some of the short-term BTC price moves, they do not necessarily have much if any effect on what is going to happen in the longer term, but we don't even know that until we look at the matter after the fact rather than assuming before hand that one model or another model/set of charts is more correct (or less correct).  
JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:44:15 PM

Are you guys enjoying black friday? Shocked Shocked Grin Get some of that sweet sweet coin for cheap! And you don't even have to trample anyone to death accidently... Well maybe a japanese businessman or two who just got liquidated, but hey.

"Black friday" is next week.. the day after thanksgiving.... thank you very much.   Tongue Tongue
proudhon
Legendary
*
Offline Offline

Activity: 1582
Merit: 1090



View Profile
November 22, 2019, 10:44:16 PM

Told you guys were in the great long-term downtrend. There is no substantial up from here. Yeah, sure, it'll wobble around, but we are definitely witnessing the "slow" death of bitcoin. There is not going to be another all time high. No more sustained above $10k prices anymore. That's in the past. I know it sucks for a lot of you to hear this, but it's just done. Play the market if you want, play a long term low leverage short if you really want to make money, but bitcoin has run it's course. 2 years from now bitcoin will not be above $10k, that's guaranteed.
bitcoinPsycho
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 516


THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


View Profile
November 22, 2019, 10:50:36 PM

Lol


The oracles have spoken
JayJuanGee
Legendary
*
Online Online

Activity: 2548
Merit: 3731


How much alt coin diversification is needed? 0%?


View Profile
November 22, 2019, 10:56:21 PM

I would not keep it in Fiat. Stocks or real estate or what ever brings me 5% a year.

 This. With a good managed portfolio, I've been pulling in 10-12% over the last three years on my traditional investments. Very happy with the numbers I'm seeing.

 Does not make sense to keep money liquid, just sitting there, earning basic sub 0.5% interest rates in a traditional checking account; take a number you are comfortable with not touching for at least a year, and put it into a managed fund, if you can. The fee's are more than made up for with the profits you will likely realize.

 In my experience, anyway.

Well, if what you say is actually accurate, then you are pulling out way the fuck more than what is within the realms of conventional recommendations, which is to pull out within the area of 4%.  Of course, any of us can tweak recommendations because as people we have discretion to do whatever the fuck we like; however, your pulling out 2.5x to 3x of the conventional recommendations seem a bit much.. and I suppose that within you assertion, you might be suggesting that you are able to achieve returns that are on average 2.5x to 3.5x greater than normal peeps?

Could be. Could be.  But doesn't seem too likely, especially if you consider real long term projections about what actual returns are.  Of course, in recent years, we have BTC that can be added into the mix regarding our actual returns, so in that regard, our actual returns could end up getting way the fuck skewed to the upside if BTC continues to generally (and even quite exponentially) outperform traditional asset classes.
Arriemoller
Legendary
*
Offline Offline

Activity: 1484
Merit: 1000


Justitia arma requirit


View Profile
November 22, 2019, 11:23:06 PM
Merited by Majormax (1)

Told you guys were in the great long-term downtrend. There is no substantial up from here. Yeah, sure, it'll wobble around, but we are definitely witnessing the "slow" death of bitcoin. There is not going to be another all time high. No more sustained above $10k prices anymore. That's in the past. I know it sucks for a lot of you to hear this, but it's just done. Play the market if you want, play a long term low leverage short if you really want to make money, but bitcoin has run it's course. 2 years from now bitcoin will not be above $10k, that's guaranteed.

Proudhon! My favorite alpacka. The best counter indicator on this thread, it's up from here on. Thank you and get yourself a hat.
Arriemoller
Legendary
*
Offline Offline

Activity: 1484
Merit: 1000


Justitia arma requirit


View Profile
November 22, 2019, 11:27:51 PM

About the Tesla pickup, I LOVE IT!!
It's exactly what I've been dreaming of ever since watching Blade Runner and Alien in the 80s.
I never liked the sedan models with their ugly rounded 90s look, but this one, just what I have been dreaming of since the 80s.
That's my next car after the new blow of top in 2021. Thank you Elon.
Pages: « 1 ... 25276 25277 25278 25279 25280 25281 25282 25283 25284 25285 25286 25287 25288 25289 25290 25291 25292 25293 25294 25295 25296 25297 25298 25299 25300 25301 25302 25303 25304 25305 25306 25307 25308 25309 25310 25311 25312 25313 25314 25315 25316 25317 25318 25319 25320 25321 25322 25323 25324 25325 [25326] 25327 25328 25329 25330 25331 25332 25333 25334 25335 25336 25337 25338 25339 25340 25341 25342 25343 25344 25345 25346 25347 25348 25349 25350 25351 25352 25353 25354 25355 25356 25357 25358 25359 25360 25361 25362 25363 25364 25365 25366 25367 25368 25369 25370 25371 25372 25373 25374 25375 25376 ... 28353 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!