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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21577457 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. (143 posts by 33 users deleted.)
El duderino_
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December 28, 2019, 10:47:28 AM

^
Pay your debts Smiley
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El duderino_
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December 28, 2019, 10:52:39 AM

The Bargain Boyz have kicked off the celebration early with some pints of shandy, happy to have loaded up their F-150s with sub $7k corn.



I suspect we won't hear from them in a while, but who knows what will actually happen? To be continued...


Didn't you hear that they are still waiting to buy, those dweebs.

Someone caught a slow motion video of them this morning, and I don't think that they are faring too well...

They are not really in very good shape.




Incorrect, they are in their prime with excellent blood pressure. Spend less time revenge typing and you should experience some health benefits yourself.  Wink

Remember you are missing the train I caught long ago. To get on that train you need to divest out of your questionable investments and up your percent of investment in King Bitcoin.

Id recommend something respectable as a bare minimum, like 50 As high as possible percent of net worth devoted to the  King.

Typing walls for 50 percent of your life is a time investment, not a financial one.  

Besides some bollux we can agree on a lot as well Cheesy

dragonvslinux
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December 28, 2019, 10:54:22 AM

^
Pay your debts Smiley
Oh lol, I edited my post above, and already done  Smiley I see what you did now  Cheesy Cheesy Cheesy

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself  Tongue

I'm clearly not great at understanding economics  Grin
psycodad
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December 28, 2019, 11:07:07 AM
Merited by jojo69 (1)

Any way, Christmas is over, let’s get back to doing what we do best......

Observing walls, checking the price too many times a day & dreaming of the MOON!

  I wish!

  Bought dad a 1TB SSD for Christmas to speed up his computer a bit ...

<snip>


Been there too, swapped parents spinning rust against SSDs, now they often think they forgot to shutdown because it boots so quick to login screen (Linux, as I have several medical certificates allowing me to stay clear of any MS products).

The best way to accelerate Windows is at escape velocity.
El duderino_
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December 28, 2019, 11:19:31 AM

^
Pay your debts Smiley
Oh lol, I edited my post above, and already done  Smiley I see what you did now  Cheesy Cheesy Cheesy

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself  Tongue

I'm clearly not great at understanding economics  Grin

Why? It benefits two posters right now Cheesy
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December 28, 2019, 11:32:00 AM

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.




HairyMaclairy
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December 28, 2019, 11:55:15 AM
Merited by El duderino_ (2)

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.
BTW: in the hypothetical surrogate TA observation that temperature is lower in the winter than in the summer (in northern hemisphere) what is more important: the "TA" observation or the knowledge of orbital tilt and planet rotation around the star?

Ah fundamentals v TA. An argument as old as the hills. The challenge being that economics is not the dismal science, but rather no science at all. And there is no rational economic explanation for short term price perturbations.  

Think of it this way.  TA is the study of the psychology of price discovery.  TA is asking the question - what will the crowd do when X happens?  And how can you make the crowd do Y?
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December 28, 2019, 12:07:35 PM
Merited by Hueristic (1)



Well shit, that is gonna fuck my recommended all up now.



I think you can delete individuals from your history
dragonvslinux
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December 28, 2019, 12:15:32 PM

^
Pay your debts Smiley
Oh lol, I edited my post above, and already done  Smiley I see what you did now  Cheesy Cheesy Cheesy

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself  Tongue

I'm clearly not great at understanding economics  Grin

Why? It benefits two posters right now Cheesy

I already explained  Tongue

I'm clearly not great at understanding economics  Grin

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.
BTW: in the hypothetical surrogate TA observation that temperature is lower in the winter than in the summer (in northern hemisphere) what is more important: the "TA" observation or the knowledge of orbital tilt and planet rotation around the star?

Ah fundamentals v TA. An argument as old as the hills. The challenge being that economics is not the dismal science, but rather no science at all. And there is no rational economic explanation for short term price perturbations. 

Think of it this way.  TA is the study of the psychology of price discovery.  TA is asking the question - what will the crowd do when X happens?  And how can you make the crowd do Y?

True story. That psychology of price discovery, unrelated to economics, is also the psychology of "human rationality" or more specifically "the herd".
Humans are far from rational, instead they act like most animals in a herd like mentality: they lack basic intelligence when panicked or feeling threatened.
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December 28, 2019, 12:18:23 PM

via Imgflip Meme Generator
LFC_Bitcoin
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December 28, 2019, 12:21:32 PM
Last edit: December 28, 2019, 01:14:17 PM by LFC_Bitcoin
Merited by El duderino_ (2), JayJuanGee (1), mindrust (1)

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.






Option 2 Option 3

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 option 3 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc

Edited - To say what I meant - option 3
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December 28, 2019, 12:26:46 PM

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.






Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement  Grin Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.
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December 28, 2019, 12:33:20 PM

Kind of interesting how Visa and other Jewish moneychanging crime organizations try to cut off gun stores from using their payment processing for gun purchases in an attempt to disrupt and ban the 2nd amendment, yet they allow digital shitcoin debit cards to be made.  It's almost as if Jew scum are endorsing cashless society slavery system tokens while trying to ban the 2nd amendment.  And yet, they sure as hell don't want you using any type of cards or fiat for purchasing physical metals either!

LFC_Bitcoin
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December 28, 2019, 12:34:12 PM

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.






Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement  Grin Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.

I’m close to mid 30’s, $500,000 isn’t enough for me in the UK. My plan is $2,000,000 - $3,000,000 but everything looks simple on paper doesn’t it.

I will never sell all my bitcoin’s though.

And yes typo - Option 3 lol
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December 28, 2019, 12:39:57 PM
Merited by El duderino_ (2), LFC_Bitcoin (1)

There is no such thing as being over invested in bitcoin. Pour all that filthy fiat into this imaginary digital gold token shit.

Nobody has ever gotten rich, from not taking any risk Wink

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December 28, 2019, 01:06:21 PM

Good afternoon WO!
Observing @ $7,287
LFC_Bitcoin
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December 28, 2019, 01:15:48 PM

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive Wink
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December 28, 2019, 01:47:09 PM

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive Wink
What have you got in:
Liverpool - Woves
City - Sheff
Arsenal - Chelsea

LFC_Bitcoin
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December 28, 2019, 02:01:08 PM

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive Wink
What have you got in:
Liverpool - Woves
City - Sheff
Arsenal - Chelsea



2-0
3-0
2-2
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December 28, 2019, 02:06:30 PM
Merited by LFC_Bitcoin (1)

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive Wink
What have you got in:
Liverpool - Woves
City - Sheff
Arsenal - Chelsea



2-0
3-0
2-2

I got
3 - 1
3 - 0
1 - 2
It's superstition 🤣

I very rarely go for Draw match

One thing I found common in between us is that Liverpool fans know their football.
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