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

[dre1982]

Getting too close to $10k for my liking.

I missed buying the dip last time it dropped into the $9k's. Wonder if it will drop that low again, or support will hold...

Guess there will be another dip only the question is when and how deep 

[bitebits]

https://twitter.com/fullbeerbottle/status/1308060615198547970
https://www.nasdaq.com/articles/bank-stocks-fall-after-report-on-industrys-failure-to-address-money-laundering-2020-09-21

[aesma]

Binance Visa Cards Are Now Available in Europe. Get Up to 8% Cashback.
When you use your Binance Visa Card, you don’t have to worry about fees from our side. We charge zero subscription or maintenance fees, and transactions made in Euros are free of transaction charges (third-party fees may apply*). To make the deal even sweeter, for every purchase that you make with the Binance Visa Card, we are offering up to 8% cashback, the highest rate available in the market today! A virtual card will be available to you for immediate use upon approval of your application. 

https://www.binance.com/en/blog/421499824684900992/Binance-Visa-Cards-Are-Now-Available-in-Europe-Get-Up-to-8-Cashback 
read the contract to avoid surprises, but it seems interesting

Another option is always good. No fees is good. Cashback based on how much "Binance shitcoin" you hodl, with the 8% only attainable if hodling 6000 of them, and paid in said coin, is useless. And is not cashback at all.

Also, but that's common, you spend your crypto. I would really like a way to spend the fiat I have on the exchange, since I got that fiat by trading, selling crypto at a good price. Else I'm stuck with buying crypto just before spending with the card, adding fees to fees. If the exchange even allows to hodl fiat, that is.

[AlcoHoDL]

Yes, there will be dips.
Yes, there will be peaks.
Yes, there will be pumps.
Yes, there will be dumps.

Just Zoom Out^TM, chill, and have a beer!

If you're scared about a dip, you need some HoDL training...

Don't give them your coins.

A rusty nut won't budge, and that's about the only good quality of a rusty nut.

HoDL.

[aesma]

Congratulations AlcoHoDL, well deserved.

Indeed, very well deserved.... In a very short period of writing more as before—-> merit followed like crazy :-)

The dude a little more off...... normal going home from holiday on Thursday, was in a paradise hotel @ravello, but went home on Sunday.... Women’s and troubles..... She wasn’t ready for a bitcoiner and perhaps she was the first one to complain that I bought to much things as for myself as for her etc.... learned a lot last six months...

On the other side that was a thing that made her looking good, she wasn’t there for the wrong stuff, on the other side maybe I’m happy as well it ended, but damn why on holiday (wasn’t with a fight or anything)

First actions, installed that tinder crap for the first time in my life and it’s working as it seems 

I totally understand (and agree) with a woman who would complain of spending if you're in a committed, long term relationship (or more, married etc.) and money is a bit tight or could randomly disappear (which is kind of the case with BTC) but at the start of the relationship it's a bit strange.

I was thinking about something, in my country (France) we don't have laws like the UK or US where a spouse gets half your stuff or money, or close to it, in a divorce. Here you get some money if you need it, some money for the kids, and maybe half the house if it has been bought together 20 years ago. If you remarry you only get money for the kids. I mostly agree with the rules here (aside from the relative difficulty for a man to get his kids, but that's the same everywhere). However I feel it's something worth figuring out with a spouse early in the relationship (once it's serious), and for example if the man earns more money (or all the money), instead of just relying on inheritance rules, a marriage contract, or divorce laws, an investment could instead be made in the name of the woman. Real estate, or a stock portfolio, something like that. Maybe a BTC wallet, too.

What do you think ?

[Karartma1]

Yes, there will be dips.
Yes, there will be peaks.
Yes, there will be pumps.
Yes, there will be dumps.

Just Zoom Out^TM, chill, and have a beer!

If you're scared about a dip, you need some HoDL training...

Don't give them your coins.

A rusty nut won't budge, and that's about the only good quality of a rusty nut.

HoDL.

Sure man, I am like you on this. But, what I am seeing coming from the regulators is making me thinking (just have a look at V8's post up here). Maybe I am a bit naive but I don't want to become rich at the expense of my freedom, if you get what I mean. 
I know I should elaborate more but I am confused.

[Barbut]

Getting too close to $10k for my liking.

I missed buying the dip last time it dropped into the $9k's. Wonder if it will drop that low again, or support will hold...

Each of us who missed a perfect time to enter or to sell say the same: "next time I definitely will ..."
But if you have not a talent to be patient that will happen again and again. Do not set any next times for your trading, set such targets which will satisfy your interests, like +10% profit or any other number by your taste.
Good luck!

[OutOfMemory]

My rookie tip: If you ever sell, don't sell it all, keep at least 10% of your corn for hodling.

I am thinking about a formula that aim to NOT sell more than 10% for every range - such as every 100% (or maybe less selling and a greater range?)

But it would go something like this:

Let's say that you started buying BTC at or near the top of the last bubble, but you stuck with it and you kept dollar cost averaging in.  Accordingly, you have a average cost per BTC that is around $8k per BTC, and so you are a bit concerned about what to do.

You decide that you will sell no more than 10% of your stash for every time that the BTC price doubles (if it does)

Therefore, you have authorized yourself to sell 10% of your stash at any point of your own choosing at each point within the below prices ranges:


1) $10k to $20k (10% of total stash)

2) $20k to $40k (10% of total stash)

3) $40k to $80k (10% of total stash)

4) $80k to $160k (10% of total stash)

5) $160k to $320k (10% of total stash)

6) $320k to $640k (10% of total stash)

7) $640k to $1.2m (10% of total stash)

Etc. etc. etc

Yes, i am also  a fan of this ladder approach. My message was more for the kind of "i'll sell it all at now, because who knows if bitcoin will ever reach this high regions in the future again"...

Better version: If you intend to sell it all when moon, sell only 90%!

[AlcoHoDL]

Better version: If you intend to sell it all when moon, sell only 90%!

The question is: sell it for what?

I have a 2nd house. A nice house. I got some offers to sell it. But then I thought, do I need the money? I don't. So, why sell it? To put some money in the bank "for the future"?

I've kept my 2nd house. Of course, there's the option to convert it to corn (I know I'm going to be crying when I read this post 5 years from now), but I still want to have a hedge against any "unforeseen extinction event".

Maybe sell 50% of your stash "when moon"? Or sell whatever you need to do certain things. And keep selling as your needs develop?

{...insert Morpheus/Neo meme here...}

[AlcoHoDL]

Yes, there will be dips.
Yes, there will be peaks.
Yes, there will be pumps.
Yes, there will be dumps.

Just Zoom Out^TM, chill, and have a beer!

If you're scared about a dip, you need some HoDL training...

Don't give them your coins.

A rusty nut won't budge, and that's about the only good quality of a rusty nut.

HoDL.

Sure man, I am like you on this. But, what I am seeing coming from the regulators is making me thinking (just have a look at V8's post up here). Maybe I am a bit naive but I don't want to become rich at the expense of my freedom, if you get what I mean. 
I know I should elaborate more but I am confused.

I hear you man, I'm concerned too, that we'll end up filthy rich, but unable to enjoy our riches... No joke.

[soullyG]

Craig Wright shot down yet again, in his frantic attempts to delay getting his ass sued to oblivion:

In the Court’s reasoning, Craig Wright could not provide sufficient arguments to delay or dismiss the case. Therefore, the judge rejected his petition in the absolute, and the next logical step is to set a date for trial:

“Upon review, the Court found the Defendant’s arguments unpersuasive (…) The frustrating part is not know what to believe. One moment I am told that you received funding for the next 5 years and are able to get back to work on building the business. And then the next second I am told there is no progress being made with the business (…) Accordingly, the Court rejects Defendant’s assertion that Count VIII fails. As set forth above, Defendant’s Motion is denied on all grounds.”

https://cryptopotato.com/craig-wrights-efforts-to-dismiss-kleimans-1-1-million-bitcoin-trial-are-denied-on-all-grounds/



More details here:
https://twitter.com/stephendpalley/status/1308073416025673728

[Xinarae*]

My rookie tip: If you ever sell, don't sell it all, keep at least 10% of your corn for hodling.

I am thinking about a formula that aim to NOT sell more than 10% for every range - such as every 100% (or maybe less selling and a greater range?)

But it would go something like this:

Let's say that you started buying BTC at or near the top of the last bubble, but you stuck with it and you kept dollar cost averaging in.  Accordingly, you have a average cost per BTC that is around $8k per BTC, and so you are a bit concerned about what to do.

You decide that you will sell no more than 10% of your stash for every time that the BTC price doubles (if it does)

Therefore, you have authorized yourself to sell 10% of your stash at any point of your own choosing at each point within the below prices ranges:


1) $10k to $20k (10% of total stash)

2) $20k to $40k (10% of total stash)

3) $40k to $80k (10% of total stash)

4) $80k to $160k (10% of total stash)

5) $160k to $320k (10% of total stash)

6) $320k to $640k (10% of total stash)

7) $640k to $1.2m (10% of total stash)

Etc. etc. etc

Exactly true 10% fact but long time holder can be possible profit 100% or higher oppose go back to see bitcoin up-down $3500-$4200 but next time was first move to $7000+ in the short time, in the better way to small profit randomly to possible higher profit  if though possible exacly range point.

[BobLawblaw]

Getting too close to $10k for my liking.
I missed buying the dip last time it dropped into the $9k's. Wonder if it will drop that low again, or support will hold...

Huh... Disregard I guess. Appears the situation has improved since I checked earlier.

Onward $11k !!

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $10,450

Those who are dealing with altshit coins they know how frustrating their time is now. HOLD Bitcoin!

[hv_]

After crypto winter -  this year DeFinter is coming cold on some  

[Hueristic]

Yes, there will be dips.
Yes, there will be peaks.
Yes, there will be pumps.
Yes, there will be dumps.

Just Zoom Out^TM, chill, and have a beer!

If you're scared about a dip, you need some HoDL training...

Don't give them your coins.

A rusty nut won't budge, and that's about the only good quality of a rusty nut.

HoDL.

We need to group fund a production run of Bob's patented Titanium Plate kit for the weak hands!

Special Mindrust edition available for special order.

[P_Shep]

(10% of total stash)

Total stash as in the stash you started from? So you can only cash out 10 times?

or 10% of remaining stash, so you can cash out... well forever?

[cAPSLOCK]

yup ima get myself a island too when number go up

Sorry buddy.  I already got that one in Dec 17.  It pays to be early.

[Paashaas]

Bermuda Stock Exchange to Have the World’s First Bitcoin ETF.

The world’s first Bitcoin (BTC) exchange-traded fund (ETF) is going to be launched on the Bermuda Stock Exchange (BSX). According to an official statement released by the BSX, the new Bitcoin ETF is going to be called Hashdex Nasdaq Crypto Index ETF and there will be released to the market 3 million Class E shares.

The new Bitcion ETF has been launched thanks to the Brazilian Fund Manager Hasdex that partnered with the Nasdaq in order to offer investors a safe and regulated Bitcoin ETF product. This would help firms and users get exposure to the crypto market through a traditional investment platform.

[AlcoHoDL]

Yes, there will be dips.
Yes, there will be peaks.
Yes, there will be pumps.
Yes, there will be dumps.

Just Zoom Out^TM, chill, and have a beer!

If you're scared about a dip, you need some HoDL training...

Don't give them your coins.

A rusty nut won't budge, and that's about the only good quality of a rusty nut.

HoDL.

We need to group fund a production run of Bob's patented Titanium Plate kit for the weak hands!

Special Mindrust edition available for special order.

LOL, yeah, that could be a DeFi project. And titanium doesn't rust (i.e., a mindrust-proof product). This is big.