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

[El duderino_]

Brrr Brrr Brrr Brrr Brrr
Brrr Brrr Brrr Brrr Brrr Brrr Brrr
Brrr Brrr Brrr Brrr Brrr

What the hell is that
Get back in cold storage kids
Think its infected

[alevlaslo]

[alevlaslo]

[hv_]

Just got my results in, soooooo relieved I don’t have COVID19.

Lucky you!

Now back to work, help the meds

 

[Torque]

[LFC_Bitcoin]

Literally only 22 days now

My body is ready



https://www.bitcoinblockhalf.com/



$8000 in the next 2 weeks (pre halving). I’m sure of it

[d_eddie]

It is.
Eating rice, is not that bad in Italy.
I am black belt in risotto.

I'm not Italian but this looks like it could be correct:



This was a good map too, of each country's most grotesque delicacy:



Scotland sounds like its got it going on. I'm down to try deep fried pizza. That sounds amazing.

Don't know what's wrong with Switzerland's item either.

Pretty Accurate.
Switzerland cuisine is Horror.
Unless you think putting an overpriced piece of meat on the grill is cuisine.
Also on the first image, I think the judgement  on Spanish cuisine  is a little bit too harsh.

I could actually live happily with Spanish cuisine (Polbo á la gallega, gambas al ajio, pata negra) are delicacies I could happily substitute a lot of italian plates for.

Regarding culinary Horroy I actually like a few of them
Squid Ink
Sea Urchins

I must agree with fillippone. Spanish cuisine is almost uniformly good - as is Portuguese cuisine, albeit imaginably less varied. French can be quite good too, if a little on the heavy side. Swiss cuisine? If you take out chocolate and cheese, you're left with overpriced meat and potatoes.

Squid ink is a delicacy. The taste is surprisingly subtle. Its shiny black gloss makes your lips look funny but provides spectacular presentation. Try it with a seafood risotto. It clots easily and tastes bad if overcooked, so it it's normally the last thing that gets added before serving. By the way, cuttlefish is better than squid for ink. Besides, squids begin to taste like ammonia when they're too big/old - especially the oceanic varieties.

I also like head cheese, sea urchins, and other supposed culinary horrors. It's not like "I'll eat just anything" - but in some cases the right ingredients and a skillful preparation can make the difference between delicious and disgusting.

[JL0]

Literally only 22 days now

My body is ready



https://www.bitcoinblockhalf.com/



$8000 in the next 2 weeks (pre halving). I’m sure of it

1) THEN
Showing bottom of 2019, consolidation between 3-4k with declining volume.

Result was an exponential growth, UP.

2) NOW
Currently we’re in consolidation with declining volume too.

I agree with you

From Twitter: https://twitter.com/singhsoro

[d_eddie]

Talk about cuisine
mind wandering on lockdown
halvening is near





#haiku

[Wekkel]

https://pbs.twimg.com/media/EV9p0uaU4AAuOT5?format=jpg&name=large

The problem is: Honey Badger doesn’t care. And it won’t bring you sub $3,000 coins. That ship has sailed.

[insert_skeleton_waiting_for_cheap_Bitcoin_meme]

[Raytheon]

Talk about cuisine
mind wandering on lockdown
halvening is near





#haiku

Jobless wanderer
bitcoin sold for food, shelter
what's it for halving?


#haiku from the overseas

[JSRAW]

[Last of the V8s]

Happy Easter to all our Orthodox friends and brothers.
καλό Πάσχα
Paste Fericit
Cpeћaн Уcкpc
з вялiк днём
Xpиcтoc вocкpec!

[Toxic2040]

https://twitter.com/jbrowder1/status/1251726587210412032

wow..thats ballsy if a fact...it can carry some pretty stiff penalties for messing around on a gooberment site

what a tool

[JayJuanGee]

Literally only 22 days now

My body is ready



https://www.bitcoinblockhalf.com/



$8000 in the next 2 weeks (pre halving). I’m sure of it

I was considering that "sure" means something very close to 100%?

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

That's relatively reasonable.  Wooooo whooooooo!!!!!!

[JayJuanGee]

Talk about cuisine
mind wandering on lockdown
halvening is near





#haiku

Jobless wanderer
bitcoin sold for food, shelter
what's it for halving?


#haiku from the overseas

Sounds like over-invested. 

Each of us needs to be careful not to overinvest, and if we do overinvest, we need to at least make sure that we have all of our various monthly expenses covered in order that we do not have to sell any BTC, except at a time of our own choosing...

and also best practice is to make sure that we have our expenses covered for 6-18 months in advance which surely can be way more difficult to accomplish when there is an emergency/crisis situation (such as the one that we are in, currently) that seems to have gone quite far beyond many of the most extreme imaginable scenarios.

I am still going to assert that our BTC investment plan has to still attempt to adapt to crazy-ass times, so probably it has really ONLY been 4-6 weeks that we have really realized the scope of this macro-situation - even though many people saw it coming a bit earlier than that, but by the time that the bitcoin price and the various equities went crashing down on March 12th, it became a lot more apparent that we have a very problematic macro-situation that is likely NOT going wished away.. so perhaps, at that point, many of us have to tweak our plans a bit.

Tweaking our plans, should not mean selling all of our BTC and saying "fuck that did not go very well," but instead there are likely a lot of ways that we can make incremental adjustments to our overall financial plans that have BTC as only one portion of that (at least hopefully it is only one portion, rather than being 100% in BTC because that just seems to a bit much in the vast majority of situations in which we all likely have expenses that are payable / accounted through other means, most likely some form of fiat).

So, perhaps, we have to trim our BTC a little bit.. or maybe just HODL our BTC and figure out likely changes that have likely come to various aspects of our cashflow.  Surely, I never like to consider cashflow projections as 100% until they are actually in my bank account or somehow in my control, and maybe even sometimes we still have to be hesitant to assigning too high of a confidence to having control over some values, even if they seem to be in our control, but anyhow, there are varying degrees of confidence in regards to how much control we have over an asset that we already have accumulated and there is also varying degrees of confidence in regards to how sure we are that certain aspects of our cashflow will continue to flow or might some of them dry up.

So, yeah, sometimes we have to tweak our projections, and sometimes we have to go out there and to shore up some aspects of our cashflow in order to attempt to increase our level of confidence that such cashflow is going to largely materialize as expected, rather than getting thrown for a loop.

Sure, some people seem to purposefully want to get thrown for a loop in regards to what assets they hold, the value that they place on the assets or the level of cashflow that they have coming in.  So, perhaps a lesson can be that we do not want to be that guy... the one that places too high of probability or confidence in regards to any of the individual financial factors.... which as a reminder are cashflow, investments (including bitcoin), view of bitcoin as compared with other investments, risk tolerance, timeline and time, skills and abilities to learn/research and tweak/manage holdings and strategies.

[vapourminer]

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

-13% to +12%

sound reasonable.

[JayJuanGee]

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

-13% to +12%

sound reasonable.

NO!!!!!!!!!   That does not sound reasonable.   


I prefer 12% to 13% like LFC asserted as sure.


So, kindly get out of here with your version of reasonable even if it is more based upon reality.

[rolling]

Literally only 22 days now

My body is ready


https://www.bitcoinblockhalf.com/

$8000 in the next 2 weeks (pre halving). I’m sure of it

I was considering that "sure" means something very close to 100%?

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

That's relatively reasonable.  Wooooo whooooooo!!!!!!

You're doing it wrong, your score card is inverted. More BTC is the goal, not more fiat.

[JayJuanGee]

Literally only 22 days now

My body is ready


https://www.bitcoinblockhalf.com/

$8000 in the next 2 weeks (pre halving). I’m sure of it

I was considering that "sure" means something very close to 100%?

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

That's relatively reasonable.  Wooooo whooooooo!!!!!!

You're doing it wrong, your score card is inverted. More BTC is the goal, not more fiat.

For the most part, I attempt to account for both fiat and BTC, so yeah, even if I am attempting to accumulate more BTC or to maintain my BTC, I am also measuring the value in fiat, too, especially since so many things are measured in fiat (mostly dollars in my use case).

In current times, I am not cashing out my BTC in great quantities, but I have found a lot of value in measuring the value of my BTC in fiat, and also projecting what to do or how to treat the matter of my BTC holdings in terms of the fiat value and considering the passage of time, too.. so for example, if BTC price were to go up to $80k or $100k in a short period of time (let's say within the next 3 to 6 months), then that might cause me to consider the matter of my BTC holdings differently than if the BTC price were to go to those prices in the next 2 years.

So, in any event, I still have to consider, for myself, what am I going to do?  and how am I going to prepare for various kinds of eventualities and how much time might pass, as well.

The treatment of the BTC holding matter is going to be different for many of us, so in that regard, we should be attempting to tailor our comfort levels so that we don't either create unrealistic expectations on what bitcoin is likely to do that might put us in a position to end up panicking.  We have seen this happen with some members.  Need I mention any names?

Of course, some guys (and gal) here might be young wipper snappers, and therefore these members might be thinking 10-20 years or even longer time horizons into the future to build their nest eggs.  Nothing wrong with that, but seems a bit unrealistic to me for even those members to ignore reality and to NOT consider the value of their holdings in both bitcoin and fiat.

Other forum members might have already built a vast portion of their nest egg (even before getting into BTC), so they are not so inclined to just HODL their bitcoin forever, and of course, there are quite a few variations in-between, such as myself, who were decently established in their investments before getting into BTC, but still have already been through at least one exponential upward BTC price period...  For me, I have only really been through one, and based on your forum registration date, maybe you are in a similar situation too... or even that you have had the upwards movement of at least two BTC price periods.

Anyhow, some of us may have already built a lot of value in BTC, then it remains quite practical for us to attempt to figure out where we are at, and yes mistakes may have been made, along the way, too but we can still consider whether are we accumulating, maintaining, liquidating BTC or some combination.  So, in that regard, there tends to be a lot of practicality in accounting (score-carding) in both BTC and fiat valuations... rather than getting into some kind of pie in the sky valuation that is totally based on BTC, but might not be practical for our own situation of trying to figure out how our BTC investment works for our own circumstances.

By the way, my own personal plan does not involve accumulating BTC in order to pass very many of them on to others.  I prefer that my plan is to attempt to personally benefit, at least somewhat, from the value that I have accumulated in my BTC over the years.  On the other hand, I recognize that there may be some folks who have passing on their BTC as part of their goal, and I am not going to totally poo poo such purported benefit to others plan, even though I believe that a more complete plan should also involve some self-indulgent aspirations to personally benefit from BTC value that any of us might have worked hard to accumulate, and of course, there are some people who have more money than they are able to spend, yet I doubt that scenario really applies to most people if they really attempt to seriously consider their situation in terms attempting to reasonably account for all of their assets and the various categories of assets.