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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25981541 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. (170 posts by 5 users with 9 merit deleted.)
jbreher
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February 05, 2020, 11:25:34 PM

Will be fun to read the posts by r0ach and the BCH/BSV'ers.

Why conflate? I fail to understand.

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

edit: oh - sorry 'bout that, nutildah

Correct. In the last 24 hours.

Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear?

We'll know soon enough.

IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right.

I dunno. You said it'll "be fun to read the posts by BCH/BSV'ers". I'm just trying to put the fun in your day. That's all.

Though I still wonder why you conflate us with The r0ach - the miserably misguided anti-crypto-in-any-form-er, blinded by his/her flawed axioms.

And no, I don't think any such price relationship will be linear. Indeed, it is demonstrably _not_.

Further, in the next FOMO rush, I expect BTC to outperform BCH and BSV. (::gasp!:: What did he just type!?) Right up to the point of Blockalypse II, when all that demand will be rebuffed by BTC's latent fatal desire to be exclusionary. And all that demand will find elsewhere to go. Into the more faithful renditions of Bitcoin.

Of course, if you have no solid convictions on the matter, Jimbo's approach does indeed make a lot of sense.
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February 05, 2020, 11:34:26 PM
Merited by mindrust (1)

My body is ready.

Quote
The breakout from this thing is likely to lead to the biggest weekly green candle in bitcoin's history.

Consider yourself warned!


https://twitter.com/CryptoBull/status/1225193330771931136
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February 06, 2020, 12:09:58 AM
Merited by JayJuanGee (1), d_eddie (1)

Will be fun to read the posts by r0ach and the BCH/BSV'ers.

Why conflate? I fail to understand.

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

edit: oh - sorry 'bout that, nutildah

Correct. In the last 24 hours.

Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear?

We'll know soon enough.

IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right.

I dunno. You said it'll "be fun to read the posts by BCH/BSV'ers". I'm just trying to put the fun in your day. That's all.

Though I still wonder why you conflate us with The r0ach - the miserably misguided anti-crypto-in-any-form-er, blinded by his/her flawed axioms.

And no, I don't think any such price relationship will be linear. Indeed, it is demonstrably _not_.

Further, in the next FOMO rush, I expect BTC to outperform BCH and BSV. (::gasp!:: What did he just type!?) Right up to the point of Blockalypse II, when all that demand will be rebuffed by BTC's latent fatal desire to be exclusionary. And all that demand will find elsewhere to go. Into the more faithful renditions of Bitcoin.

Of course, if you have no solid convictions on the matter, Jimbo's approach does indeed make a lot of sense.

The fun will be for different reasons. But it will be fun, that's why both were in the same sentence. That's the only association there.

I also don't think the relationship between BTC and BCH/BSV will be linear, hence my comment on the 24-hour data extrapolated to the $100k/BTC time point (probably 30,000+ hours from now). Based on what I know about BCH/BSV, their team (Wright, Ver, Wu, Ayre et al.), their history, modes of operation and motives, my bets are on BTC, and that's a solid conviction, that's why I don't hold any BCH/BSV. My coins are where my mouth is.

About the infamous "block size" issue, when a genuine need for a size increase arises (not due to spam attacks of above mentioned team of individuals), I expect a solution to be implemented. Gradually, robustly, in a well thought out, carefully controlled, and thoroughly tested way.

I think we'll all be here to see how it all unravels. Hopefully soon.
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February 06, 2020, 12:33:32 AM

I'm Spartacus!

RIP
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1/21000000 , the only math you need to know


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February 06, 2020, 12:34:13 AM

103

wow
Searing
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Clueless!


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February 06, 2020, 12:36:29 AM
Merited by JayJuanGee (1)

Well, I bought like 0.22025224 BTC at $9,234.41 per BTC yesterday 2/4/20 at $2,064.21 USD.  Of that, there was the $30.31 USD Coinbase fee in previous amount here.

Now BTC is pumping. Current price as of this moment 1/5/20 the price is $9,561.01 USD. IT ALWAYS dumps when I buy! I am 'befuddled' Sad

I would have 'probably' gotten an ASIC unit instead of whatever model flavor, with my ASIC addiction, but even to me that made no sense with halving

happening end of April 2020 and such with ASIC prices being way too high and the good old USA 26.7% Tariff plus shipping to the USA don't ya know.

Even with full 'old school' ASIC addiction that makes NO sense. Both reasonableness in buying yesterday and resisting 'evil ASIC toasters', I'm on a roll!

So again, pumping, who'd a thunk it? Must indeed be the end of times, after I jump into the deep end of the pool. Smiley

So this is what buying at the right time means? Who'd a thunk it?

I'll post next week when the correction happens, but till then 'reveling' timing for once.

Anyone else actually 'pull the trigger' at the right time for some accumulation before this pump

or did the WO fickle finger of fate just decide it was my turn to buy at the right time?

Anyway, interesting, this is how the 'cool' crypto kids feel I guess..... Smiley

Brad
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February 06, 2020, 01:34:26 AM


Brave, indeed.....

JSRAW... is he correct?
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February 06, 2020, 01:42:17 AM

103

wow

 Charmed life for sure.
RIP

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February 06, 2020, 01:58:46 AM
Merited by El duderino_ (2), JayJuanGee (1), Dunkelheit667 (1)

Tracking about on track

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February 06, 2020, 01:59:16 AM

The Financial Times Alphaville explains what the halvening (pardon the gobbledygook) is.

Bitcoin’s “halvening” won’t boost its price
By: Jemima Kelly

https://ftalphaville.ft.com/2020/01/30/1580390916000/Bitcoin-s--halvening--won-t-boost-its-price-


In the comments, I found our old friend NLC Wink

That above linked article is behind some kind of paywall (registration wall).  Me, not gonna do it.   Shocked Shocked

For some reason, I didn't get any wall. And no, I'm not registered.

The article itself is just a piece of classic Wall St against crypto mentality. I'll try to paste it here later.

Yep... I was able to read it through V8's providing of the link... Thanks V8.

the ft article was archived 4 days ago https://archive.is/oaGQs



Essentially a lot of bitcoin butt hurt hating seems to be going on in that article.  Getting caught up in largely bullshit trivial points, and seeming to NOT really understand what bitcoin is providing, and really does it matter?  If they really believe the nonsense that they are espousing, then they are just going to get caught chasing the train, maybe even in a worse position than bargain boyz.
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February 06, 2020, 02:32:48 AM

Tracking about on track


I said this before, but I expect this cycle to go above and below the other one. Currently we are above it, but we will follow it.
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February 06, 2020, 02:39:53 AM
Merited by Hueristic (1)


The purported wallet shows several ways of holding value in terms of rewards, dollars, and crypto... I wonder if "crypto" means bitcoin?  or this is in the theoretical stage?  Maybe be they could hold the value in "blockchain".. that could be sufficiently vague enough?
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February 06, 2020, 02:52:02 AM

Can't help but add some nice fat chunks to my normal DCAs this week. And I don't even know why.

Well dollar cost averaging usually means allocating an amount and buying BTC on a regular basis... especially during times in which you are accumulating and establishing a position... Can take a while, and sometimes the
BTC price is going to be up and sometimes the BTC price is going to be down.

If your DCA approach and method depends upon the money to come in to you, then you cannot buy the BTC until the money comes in.

In any event, hopefully, if you are doing this accumulation based on DCA correctly, you are prepared for BTC prices to go either up or down... 
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February 06, 2020, 03:07:58 AM
Last edit: February 06, 2020, 03:23:33 AM by JayJuanGee

The Tesla bubble breaking while BTC pumps. Good, was starting to get a little bit jealous. Friends who own it were starting to preach the gospel  Roll Eyes

After my Windows 7 party last week I threw a Tesla party tonight. I isolated them from the media to keep the hysteria going and dosed every single one with cyanide. Now they're all face down in their meringue while I languidly smoke my cigar.

You are one sick puppy, gentlemand.



It will be full of fooking tourists.  Like that last time !

"crypto" tourists?

400BTC sell wall on Stamp @ $9800

Not scared.   Tongue

I don't see it guys.

Too far too fast, no way this ramp can hold, we need to cool off for a bit and test at 9050

That's quite a big dump, Looks pretty strong around 9500. But could happen

1) did you receive your anticipated money yet?

2) did you buy any BTC yet?

I don't see it guys.

Too far too fast, no way this ramp can hold, we need to cool off for a bit and test at 9050

That's quite a big dump, Looks pretty strong around 9500. But could happen

That's not even a "dump" at all. Just a couple hundreds from where we were 24 hours ago.

Retesting after every AYH won't hurt at all. The higher the "consolidated" price we rally from (after the halving) the better. The less the FOMO (until it is inevitable), also the better.

Actually, this is sometimes exactly how the UPPITY happens.  There is little by little and continuous trickle, and never quite a correction that is BIG ENUFF for the fence sitters.. and they sit and they wait and they wait and they wait, and pretty soon, they feel that they cannot wait any longer, and the price has already doubled by then.. and we know what frequently happens when getting a doubling of the price?  No guarantees of course, because sometimes no meaningful and significant correction comes until after a 3.5x... which is what happened from April to June and surely is NOT outside of the realm of possible and realistic happenings.
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February 06, 2020, 03:25:42 AM

I don't see it guys.

Too far too fast, no way this ramp can hold, we need to cool off for a bit and test at 9050

Too fast for what? If we're heading to $350k-450k area during this cycle we're lagging behind the schedule...  Cool

Exactamente!!!!!!!!!


No such thing as "too fast," in bitcoin land.   Tongue
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February 06, 2020, 03:30:57 AM
Last edit: February 06, 2020, 03:49:28 AM by JayJuanGee

BTC up 5.6% in last 24 hours. This is good
BCH up 14.8% in last 24 hours. This is gooderer.
BSV up 9.6% in last 24 hours. This is gooder, too.

Excellent.

I have all 3 in my old addresses.

#laziness #constructiveprocrastination  Grin

Craig and what's his face?, Calvin Ayre, are likely going to be taking that third one from you, if you don't move them within a certain period of time... but whatever, doesn't really matter too much anyhow, I suppose.. perhaps both of them will end up behind jail, so won't do them too much good to have your coins.. they won't be able to spend them.
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February 06, 2020, 03:48:41 AM

Well, I bought like 0.22025224 BTC at $9,234.41 per BTC yesterday 2/4/20 at $2,064.21 USD.  Of that, there was the $30.31 USD Coinbase fee in previous amount here.

Now BTC is pumping. Current price as of this moment 1/5/20 the price is $9,561.01 USD. IT ALWAYS dumps when I buy! I am 'befuddled' Sad

I would have 'probably' gotten an ASIC unit instead of whatever model flavor, with my ASIC addiction, but even to me that made no sense with halving

happening end of April 2020 and such with ASIC prices being way too high and the good old USA 26.7% Tariff plus shipping to the USA don't ya know.

Even with full 'old school' ASIC addiction that makes NO sense. Both reasonableness in buying yesterday and resisting 'evil ASIC toasters', I'm on a roll!

So again, pumping, who'd a thunk it? Must indeed be the end of times, after I jump into the deep end of the pool. Smiley

So this is what buying at the right time means? Who'd a thunk it?

I'll post next week when the correction happens, but till then 'reveling' timing for once.

Anyone else actually 'pull the trigger' at the right time for some accumulation before this pump

or did the WO fickle finger of fate just decide it was my turn to buy at the right time?

Anyway, interesting, this is how the 'cool' crypto kids feel I guess..... Smiley

Brad

Usually, it is better to buy on the way down rather than on the way up.. but maybe the price will keep going up.

We have had about 50% price appreciation since our $6,424 December low... so maybe we will experience a significant and meaningful BTC price correction, or maybe a better case scenario would be that we do not experience any significant and meaningful correction until we get into the $17k arena.

I would not be surprised to see a couple of 10% corrections along the way and even a 30% to 40% correction at some point along the way would not be unusual.
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February 06, 2020, 04:53:52 AM

- Death toll from the coronavirus outbreak has passed 560 after Chinese authorities announced 70 new deaths and more than 3,000 new cases.

- Wisconsin confirms first case of coronavirus, bringing US total to 12.

- Hong Kong closes borders with mainland.

- Cruise ship quarantined in Hong Kong, 10 more cases identified aboard Diamond Princess in Japan.

- First babies born infected with coronavirus.

- Adidas closes China stores over virus outbreak.

- People panic buying toilet paper in Hong Kong.

- Number of quarantine citizens in US approaches 400.

- Shanghai authorities recommend suspending all sports event in city, putting F1 GP in doubt.

- Tokyo Olympics chief says coronavirus could disrupt olympic games.

- Taiwan bans all international cruise ships from docking.

- All schools in Shanghai are forbidden to open before the end of February.

- Funeral worker says Wuhan cremating at least 100 bodies a day.



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February 06, 2020, 05:08:20 AM

The Financial Times Alphaville explains what the halvening (pardon the gobbledygook) is.

Bitcoin’s “halvening” won’t boost its price
By: Jemima Kelly

https://ftalphaville.ft.com/2020/01/30/1580390916000/Bitcoin-s--halvening--won-t-boost-its-price-


In the comments, I found our old friend NLC Wink

That above linked article is behind some kind of paywall (registration wall).  Me, not gonna do it.   Shocked Shocked

For some reason, I didn't get any wall. And no, I'm not registered.

The article itself is just a piece of classic Wall St against crypto mentality. I'll try to paste it here later.

Yep... I was able to read it through V8's providing of the link... Thanks V8.

the ft article was archived 4 days ago https://archive.is/oaGQs



Essentially a lot of bitcoin butt hurt hating seems to be going on in that article.  Getting caught up in largely bullshit trivial points, and seeming to NOT really understand what bitcoin is providing, and really does it matter?  If they really believe the nonsense that they are espousing, then they are just going to get caught chasing the train, maybe even in a worse position than bargain boyz. Im still very upset about Slayer exposing my lies and hypocrisy and being right with his Bargain Boyz memes. He is over 95 percent net worth invested in Bitcoin right now and this bothers me bc I never had the balls to go in more than 25 percent. He has embarrassed me so much lately that Im afraid to mention him directly, I just mention his memes bc Im still bitter.

I appreciate your honesty JJG, very big of you. But as you know the Bargain Boyz buy zone was reached. The Iran war pump and Coronavirus pump means that Buy Zone probably wont ever be reached again, so man up, get more net worth invested in Bitcoin, and you wont be so bitter.

via Imgflip Meme Generator
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1/21000000 , the only math you need to know


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February 06, 2020, 05:45:12 AM

05:08:20 UTC

Thursday checks out sir
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