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Question: How long until 70K (credit: Heslo)
1 week - 17 (22.7%)
1 month - 46 (61.3%)
1 year - 0 (0%)
the top is in - math and science confirms it - 12 (16%)
Total Voters: 75

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25261739 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.)
Dabs
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December 16, 2019, 02:29:54 PM

I'll buy them at $1k too. weeeeee?
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VB1001
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December 16, 2019, 04:02:13 PM

HI-TEC99
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December 16, 2019, 04:37:01 PM
Last edit: December 16, 2019, 05:42:09 PM by HI-TEC99

CME Futures at an inflection point.  Anything but upwards breaks the support line.  Which is not really a desirable place to be.  



Sucks to be a bitcoin HODLer these days.    Cry Cry Cry




Paashaas
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December 16, 2019, 04:57:42 PM
Merited by El duderino_ (3), vapourminer (1), JayJuanGee (1), vroom (1)


https://twitter.com/TonyCrusoe/status/1206491090951512065
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December 16, 2019, 05:01:20 PM

<snip>

This guy just can't stop getting fooled. What a lunatic fool.
Fool == Ver 😋

To the extent that Roger is a victim, because it is difficult to assert that someone is a victim if he likely has accumulated multiple millions in value through whatever tactics/choices he has made over the years, he is a victim of his own passions to be right at all costs.  He doubles and triples down on his passions.  For example, he has a vision regarding what bitcoin was supposedly supposed to be, a payment mechanism, and even if anyone believes that his vision is lacking, Roger chose to go to all out war with bitcoin devs and to take it personally when bitcoin devs would assert that Roger is stupid in regards to his vision(s) about bitcoin.  So Roger would tell devs that they are stupid in their lack of abilities to understand economics, etc etc etc. 

So now Roger is teaming up with one of the smartest guys in the world, Richard Heart.  If you don't believe me that Richard is one of the smartest guys in the world, then ask Richard (Richard, in his own words, has the dead bodies of any Core Dev that attempted to debate him trailing him)Cheesy Cheesy Cheesy Richard will tell you that he is smarter than anyone else, and so both Richard and Roger (RR) are teaming up.  The two self-proclaimed smartest guys in the world.   Can you see any kind of disaster coming out of this relationship?  Wink Wink
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December 16, 2019, 05:27:08 PM
Merited by suchmoon (7), JayJuanGee (1), Icygreen (1)

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.



There is no “when” there is “if” nothing is written in stone, and if there is a shit tone of FIAT to buy in at 6K

Then don’t be greedy at 7K with 250$

Don’t miss out maybe your gonna be ok and we hit lower, what if we don’t??

Maybe its a mistake to not go all in while the prices are this low.

This is how I feel comfortable. When I DCA like this I feel like I have the control over my investments.

Whether if it goes up down or sideways, from these prices I have 3 options:

1- Hodl
2- Buy
3- Sell

If I go all in, I'll lose my ability to buy, not just bitcoin but everything else. What if stocks make a nosedive tomorrow? I am ready. What if gold goes back to $1k? I am ready again.

In the end I'll probably make a lot less money but doing it like this I have no problems at night while sleeping.
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December 16, 2019, 05:39:50 PM


man just readying that hurt my head. i am so glad i never got into apple products...

not that windows is remotely perfect, mind you...

it all sucks donkey balls

fucking computers man...sometimes I just have to go down and listen to the creek

Any reason you can’t run a Win7 box airgapped?

that is the current situation out there, so, no internet for those "how the fuck does this goddamn thing come apart?"  or "what the fuck is that in freedom units?" moments

I love you man but right took for the job. Use the phone in your pocket. #nohomo
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December 16, 2019, 05:45:43 PM

European traders have been more active ..

Quote
European hours have been the most active in the last month.

Here hourly volumes in UTC time for BitMEX's XBTUSD contract

Morning you get Asia + Europe and afternoon Europe + US. Will be hard to disrupt time zones!



Source: https://twitter.com/skewdotcom/status/1206301760039591936


 US traders are banned from Bitmex.  It’s not surprising that they are less active on Bitmex.
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December 16, 2019, 05:49:14 PM
Merited by vapourminer (1), JimboToronto (1)


I love you man but right took for the job. Use the phone in your pocket. #nohomo

flip phone here

I like radios

I like computers

I know more about both than most people

I choose not to carry a radio networked computer with me every waking hour
JimboToronto
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December 16, 2019, 06:08:36 PM

flip phone here

I like radios

I like computers

I know more about both than most people

I choose not to carry a radio networked computer with me every waking hour

Me too.

No SIM card in my Android "phone", just in my flip phone.

There's wifi just about everywhere now if I choose to connect.
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December 16, 2019, 06:19:01 PM
Merited by infofront (1)

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.



There is no “when” there is “if” nothing is written in stone, and if there is a shit tone of FIAT to buy in at 6K

Then don’t be greedy at 7K with 250$

Don’t miss out maybe your gonna be ok and we hit lower, what if we don’t??

Maybe its a mistake to not go all in while the prices are this low.

This is how I feel comfortable. When I DCA like this I feel like I have the control over my investments.

Whether if it goes up down or sideways, from these prices I have 3 options:

1- Hodl
2- Buy
3- Sell

If I go all in, I'll lose my ability to buy, not just bitcoin but everything else. What if stocks make a nosedive tomorrow? I am ready. What if gold goes back to $1k? I am ready again.

In the end I'll probably make a lot less money but doing it like this I have no problems at night while sleeping.

That's a great way of putting the matter, Mindrust.

It is much better to have three options than fewer.

It is possible if you went all in, and the price went rushing down, then you would go from having three options to having no options... Sure, HODL is a kind of default option, I suppose. 

No matter the hypothetical, it is best to be able to engage in strategies that give you more options, rather than fewer options.  Of course, longer term with the increase in BTC's prices, you end up building equity, so then you always have the option to sell (some or all) presuming that your parameters is to be "in profits" in order to be able to sell.

I have currently created a soft threshold upon myself, which is based on my profit levels and of course, my overall situation which involves NOT selling under $5k.  I did not have that soft threshold previously, but the overall price performance of BTC which had inspired considerations and reconsiderations of my own situation has contributed to my self-imposed creation of such a threshold upon myself.  Since I have sovereignty over my own situation and a decent appreciation of my own situation (and any changes that might come to my situation), I have the authority and discretion to change my self-imposed threshold limits at any time.

I believe that DCA in my early days of accumulating bitcoin and continuing to follow that kind of BTC accumulation mechanism gave me the power to have more options (as you mentioned), and of course, overall appreciation of BTC's value on the longer time scale did not hurt my situation or the providing me of more options.

At some point, even you mindrust, might decide that you have accumulated enough BTC, and herein after you have transitioned into a maintenance, rather than an accumulation, kind of a stage of your bitcoin life. 

Of course, there are no absolutes in your own abilities to exercise discretions and tweakenings of your own stash and/or practices, so even if you were to consider yourself mostly transitioned into a maintenance kind of a stage of your bitcoin stash (maybe determining that you are not going to inject any new money into it, but only used money that is already in it?), that determination would not preclude you from deciding to accumulate BTC here or there (on dips or whatever other criteria that you deemed within your own discretionary options to be fitting to your own situation).
JayJuanGee
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December 16, 2019, 06:22:04 PM

flip phone here

I like radios

I like computers

I know more about both than most people

I choose not to carry a radio networked computer with me every waking hour

Me too.

No SIM card in my Android "phone", just in my flip phone.

There's wifi just about everywhere now if I choose to connect.


Are you guys criminals?

 Cheesy Cheesy Cheesy Cheesy*





*note:  maybe I should type "wwwwwwweeeeeeee" here, since it should be obvious what I am doing?
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December 16, 2019, 06:34:39 PM

The move is on $6908. Let’s do this.
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December 16, 2019, 06:36:22 PM

Oh, shit!
HairyMaclairy
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December 16, 2019, 06:36:34 PM

$6855.  
jojo69
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December 16, 2019, 06:37:24 PM

we are all criminals Jay

just you watch
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December 16, 2019, 06:40:46 PM

Is that the promised mid-December doom-and-gloom?
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December 16, 2019, 06:42:47 PM

Is that the promised mid-December doom-and-gloom?


Yes.  Although remains to be seen if it lives up to the hype.

Here’s the breach of the CME support line.

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December 16, 2019, 06:44:54 PM

Fuck. I should have waited for tomorrow. Why didn't it happen today? (i mean earlier)

Now I'll have to buy again.  Angry
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December 16, 2019, 06:45:47 PM

It's time to panic ? SELL OFF
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