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

[SwayStar123]

Language is ever-changing, not always for the better. This is a case of obscuring gender, of replacing clarity with vagueness.

Your original problem was that singular 'they' is grammatically incorrect, which is not the case (imo anyways, theres no real rulebook since its an everchanging language)

Whether or not singular 'they' is a good change to the English language is a completely different conversation.

[JayJuanGee]

Cryptotourist is always right.

Well thank you, but no.
For reference, I'm not a God, but merely a mutant demigawd.

Already love your update though, so keep it up.

Well gosh.    I know that you are not always right.

Actually, you are usually wrong, and occasionally you are right.

I was merely trying to make a joke.   

Joke does not work no more if having to explain it.     

[Torque]

Meanwhile, bitcoin reserves held in all exchanges continues to decrease rapidly. Even after the $12K hits, the trend sharpened. Since March we have 15% decrease. With this pace in 3 years theoretically there will be close to 0 bitcoins on the exchanges. Just imagine what will happen with the price then   Prhoudhon troll can try to find proofs now how the price over 10K is not sustainable lol

Awesome, I hope to see that trend continue. Shorting will become more difficult, short squeezes more barty and extreme.  

[SwayStar123]

have also demonstrated a willingness to be reasonable

The man who is right does not command respect, but the one who admits he is wrong

Nonsense.  Outside the Cult of Feelings (and I say this in the sense that the statement reeks of “group criticism” and “sensitivity training”, common methods of brainwashing), being right does assuredly command respect; and the respectable man most of all respects he who is right.  Admission of having been wrong may be respectable or not, depending on the context; when it is, that in no way detracts from the respect accorded he who is right in the first instance; when it is not, lecturing others on what commands respect is a fantastic conceit.

Inductive proof:

The earth is flat, 2 + 2 = 5, and anybody who disagrees with me should be shot.

[Ensuing discussion in which I lecture my nay-sayers on how they owe me “constructive criticism” instead of “toxic” insults.  How righteous I am!]

Oops, I was wrong!  BOW DOWN, RESPECT ME, AND +++++MERIT ME FOR ADMITTING THAT I WAS WRONG!!!

Would you have respected me more if i had completely ignored the stuff nutildah said and tried to preserve my pride by continuing the (now) pointless argument or if I had just admitted I was wrong?

Nutildah corrected me on my numbers which I had gotten wrong, i was proven wrong, there was no point in me continuing the argument apart from pride, alot of people get blinded by pride and despise admitting that they were wrong,but when I see someone accept that they were wrong, I respect them alot more, so I try to be the same and not let pride blind me

edit: got the names wrong

[600watt]

I bought bitcoin with the amount of $150 with the market price of the coin 11.3k market price and I'm trying to take investment because there is a chance that the price goes up into 15k.

Right now I'm seeing the price drops over 10k and continuously going down and this is not a good shot for me right now. The only choice is holding and wait again for another pump.

Just want to share my cruel mistake lol.

the first bitcoin I bought went down 90% in value.  I was thinking it was a very ver very bad mistake back then. it took the price 2 years to climb back. you will have to wait maybe 2 weeks or - if things go a bit mad - 2 months.

you are doing good, buying at local tops is no cruel mistake in bitcoin. even on a multiyear blow-off top it is no mistake.

just adding to 600watt here. as long as you can afford to lose it youre fine. that should be a given.

i started mining at $10. it went to $35. yes! then.. down to $2 for a loooong time. a ~95% drop. but.  look where we are today.

tl;dr: hodl

i had read about bitcoin when price was about $10 and right away decided to buy some. but I couldn't find a way to get some btc other than wiring money to the MtGox bank account in Tokyo. price rose every day and the money wouldn't arrive. and price kept on rising, doubling, tripling, etc.. on and on. the fuckin day the fuckin money was finally on my account ready to f i n a l l y buy, price was at.... you guessed it: $35

I finally bought and it felt great. when I checked my account a few hours later that same day, price had crashed. and it kept on crashing next day. and the day after....  man, that was shocking and I had no news. there was no media infrastructure, and main stream media didn't cover it and unfortunately I hadn't found this forum yet. no info, price kept crashing. then MtGox got hacked, I couldn't get to my account anymore. decided to throw everything away and forget about it. I was so ashamed I had sunken my money into this Japanese scam. price went down to $2. 
I had bought right the top of bitcoins first insane bull run. I could have bought 17x more bitcoin if I had bought on the day it was on $2 instead of the day I had chosen to buy. one could say that I had royally fucked this one up and I really think I did. but whining about a buying price of $35 is kinda weird.

cheers to you sharing that moment. you were already mining and I was a textbook noob. cheers to all 2011ers.

[JayJuanGee]

trader that he could turn .05 BTC into 1 BTC[/url]

0.005 btc*

It was some dust I had on a spare account, i decided to make it a challenge because why not

Ok. Fair enough correction -  even more unrealistic.

causing him to get a considerable amount of backlash in this thread and in his other thread, because he was overpromising, underdelivering and not even coming close to achieving his BTC price prediction goals or acknowledging the various fallacies of his ways that had considerably good chances to mislead others..

Risk management allows me to be right only 33% of the time and still breakeven, in the post which you linked i had a more than 33% success rate,

Many of us more experience peeps realize that if you are playing a kind of martingale style, then it may not even matter if you have 90% success rate, if you end up losing everything in one shot somewhere down the road...   The system that you were describing in that thread, and even when you talk about your system here is far from transparent and even far from any kind of assured way to make sure that you are making money.. 

even if i told you every single trade i was gonna take theres obviously going to be nuances to every different persons trading strategies, which i wouldnt be able to explain to you, such as deciding not to take a trade due to change of context

Of course, explaining your trades is difficult as fuck, but does not mean that you cannot try to do that.  I don't have any problem with guys either explaining their trades are attempting to be helpful in terms of explaining the good, bad and the ugly of actual trading... and surely other members could benefit from a trader who attempts to be straight forward about his trades.

The overall theme of your thread to convert .005 BTC to 1BTC and to show your trades along the way was not a bad one, only your unrealistic expectations of yourself (to the extent that you were actually being genuine), were not realistic, and your timeline of expecting to achieve your goal was unrealistic and your lack of carrying out the whole project was disingenuous and even failing to really disclose that you lost all your BTC and proclaiming that you lost interest.. blah blah blah.. nonsense..

furthermore not even acknowledging that he had pretty much lost all of his money in a pretty short time.

I dont know where this is coming from,before the end of the challenge I was only trading with 100 contracts per trade, which is not alot at all, and then as i said before locking the thread, i was busy with personal reasons so i stopped updating the thread and trading with the challenge account

Even assuming you did not lose all of your BTC, there was both lame follow through and lame transparency.

Sure there might be ways that you can attempt to redeem yourself, but you have already engaged in quite a bit of baloney and misleading conduct in my humble bumble opinion, but sure, you can try some kind of attention seeking project, and hopefully you can figure out some methodology in order to have some sustainability in your approach rather than making bold and unrealistic claims and then NOT following through, which seems to be your ongoing modus operandi.

[JayJuanGee]

September 3, 2020
12:03 pm

I bought bitcoin with the amount of $150 with the market price of the coin 11.3k market price and I'm trying to take investment because there is a chance that the price goes up into 15k.

Right now I'm seeing the price drops over 10k and continuously going down and this is not a good shot for me right now. The only choice is holding and wait again for another pump.

Just want to share my cruel mistake lol.

You did not make any mistake, you fucking diptwat.

If you bought at $11,300, then just keep on buying, and don't be such a dweeb.

Do not invest more than you can lose, and have a vision for the longer term with any of the money that you put in - 4 years or longer (longer is better, something like 10 years or more).

You are lucky as fuck to even know about BTC before other normies and you are lucky as fuck if you have identified ways to buy BTC on a regular basis.

Your enemy, is going to likely be your lack of conviction and lack of having a plan to continue to buy and to plan out your future for longer term.


What is the hold up?  Are you the one holding yourself back or do you have another kind of explanation for your seemingly dweeb and whiner-like appearance?

[noormcs5]

 

Edit: What could she be thinking while doing this act

[qwizzie]

 

You can't do anything these days .. pffff

The woman most likely just wanted to have a quick smoke.
The wing seems like a perfectly logically place to smoke.

Talking about logic : please make up your mind, Bitcoin price. Either go North or go South, don't linger around like that.

[xhomerx10]

 

 Ukrainians are such interesting people.

[hv_]

 

Undress no option?

[SwayStar123]

trader that he could turn .05 BTC into 1 BTC[/url]

0.005 btc*

It was some dust I had on a spare account, i decided to make it a challenge because why not

Ok. Fair enough correction -  even more unrealistic.

True, it was unrealistic as fuck, but thats what made the challenge fun

causing him to get a considerable amount of backlash in this thread and in his other thread, because he was overpromising, underdelivering and not even coming close to achieving his BTC price prediction goals or acknowledging the various fallacies of his ways that had considerably good chances to mislead others..

Risk management allows me to be right only 33% of the time and still breakeven, in the post which you linked i had a more than 33% success rate,

Many of us more experience peeps realize that if you are playing a kind of martingale style, then it may not even matter if you have 90% success rate, if you end up losing everything in one shot somewhere down the road...   The system that you were describing in that thread, and even when you talk about your system here is far from transparent and even far from any kind of assured way to make sure that you are making money..  

What I was doing was originally risking 1% per trade, then if that trade was profitable (say made 2% profit), i would then risk 2% (which would say make 4%), and then risk 4% and so on, assuring i dont lose my starting money, but giving me a more realistic (albeit still hard) way to achieve my 20,000% goal

even if i told you every single trade i was gonna take theres obviously going to be nuances to every different persons trading strategies, which i wouldnt be able to explain to you, such as deciding not to take a trade due to change of context

Of course, explaining your trades is difficult as fuck, but does not mean that you cannot try to do that.  I don't have any problem with guys either explaining their trades are attempting to be helpful in terms of explaining the good, bad and the ugly of actual trading... and surely other members could benefit from a trader who attempts to be straight forward about his trades.

True I guess I should have attempted it, I will try to keep that in mind.

only your unrealistic expectations of yourself (to the extent that you were actually being genuine), were not realistic

My unrealistic goals werent realistic? well yeah... they werent trying to be either tho  

and your timeline of expecting to achieve your goal was unrealistic

IIRC there was no time limit or set timeline for achieving the goal, i gave myself as much time as i would have needed

proclaiming that you lost interest.. blah blah blah.. nonsense..

its not that i had lost interest but that i stopped updating due to unrelated circumstances in life

Due to personal and unrelated reasons i stopped this, maybe in a year or so when I have more free time I will restart it

[Hueristic]

Got a letter from those Goldman Ballsacks fucks today saying if I don't do KYC they are sending my coins (whats left of them after they stole 70% and used them to dump price) to the Gov.

[virasog]

Will you miss this year 2020 or would like to forget it ?  Are there good times ahead 

[qwizzie]

Will you miss this year 2020 or would like to forget it ?  Are there good times ahead  

Wait, this isn't 2025 ? Damn, i landed in the wrong year. Damn that Dr. Jones

eh, have any of you seen anything about 12 monkeys ? I did find the virus, just not those monkeys 

[JayJuanGee]

trader that he could turn .05 BTC into 1 BTC[/url]

0.005 btc*

It was some dust I had on a spare account, i decided to make it a challenge because why not

Ok. Fair enough correction -  even more unrealistic.

True, it was unrealistic as fuck, but thats what made the challenge fun

causing him to get a considerable amount of backlash in this thread and in his other thread, because he was overpromising, underdelivering and not even coming close to achieving his BTC price prediction goals or acknowledging the various fallacies of his ways that had considerably good chances to mislead others..

Risk management allows me to be right only 33% of the time and still breakeven, in the post which you linked i had a more than 33% success rate,

Many of us more experience peeps realize that if you are playing a kind of martingale style, then it may not even matter if you have 90% success rate, if you end up losing everything in one shot somewhere down the road...   The system that you were describing in that thread, and even when you talk about your system here is far from transparent and even far from any kind of assured way to make sure that you are making money..  

What I was doing was originally risking 1% per trade, then if that trade was profitable (say made 2% profit), i would then risk 2% (which would say make 4%), and then risk 4% and so on, assuring i dont lose my starting money, but giving me a more realistic (albeit still hard) way to achieve my 20,000% goal

Well, maybe i forgot some of the details because I had recalled that you were using margin, and sure, if you use margin smartly, then you would be able to potentially figure out ways to be right more frequently than you are wrong and thereby increase the size of your trading portfolio, so something like what you are describing actually makes sense, if you are NOT risking large portions of your portfolio with each trade, but surely on the other hand, the amount of time to achieve your objective can take a considerable amount of time, too, especially if you are making sure that you are NOT over-betting then you are NOT likely to make as much profits on each trade, either.

even if i told you every single trade i was gonna take theres obviously going to be nuances to every different persons trading strategies, which i wouldnt be able to explain to you, such as deciding not to take a trade due to change of context

Of course, explaining your trades is difficult as fuck, but does not mean that you cannot try to do that.  I don't have any problem with guys either explaining their trades are attempting to be helpful in terms of explaining the good, bad and the ugly of actual trading... and surely other members could benefit from a trader who attempts to be straight forward about his trades.

True I guess I should have attempted it, I will try to keep that in mind.

only your unrealistic expectations of yourself (to the extent that you were actually being genuine), were not realistic

My unrealistic goals werent realistic? well yeah... they werent trying to be either tho  

Maybe I just have personal antipathies when the goals are neither realistic nor attempting to be realistic.

Many of us already have a undesireable tendency to gamble too much or to lean towards gambling too much, so I hardly find any appeal or valor towards members promoting the gambling side of things as either ways to get rich or ways to carry themselves in life in terms of wanting to make progress in life.

There are all kinds of vultures out there who thrive off of the greed and gambling natures that each of us have within us, and I tend to consider anyone who is trying to play on those themes or to bring out those negative attributes as a kind of vulture or a vulture wannabe.  It's not a good look or a good practice.

and your timeline of expecting to achieve your goal was unrealistic

IIRC there was no time limit or set timeline for achieving the goal, i gave myself as much time as i would have needed

Perhaps the time line was more implicit rather than explicit, but if there were no time limit, then there should be no reason that the thread should not still be open.. if it were to take 1 year or 50 years to reach your goal of converting .005BTC to 1BTC.  Makes little to no sense to begin such a project, and then close it after a few months, without at least wrapping up the thread and proclaiming that your goals were unrealistic or something like that.

Can you imagine working on the goal for 50 years, and posting on a regular basis, and finally announcing that you had achieved your goal?  That would be respectable commitment.  Not that I am trying to set high bars of achievement for you, but instead merely attempting to figure out ways that your whole project might not have come off as so damned repulsive the way that you ended up doing it.  

proclaiming that you lost interest.. blah blah blah.. nonsense..

its not that i had lost interest but that i stopped updating due to unrelated circumstances in life

Due to personal and unrelated reasons i stopped this, maybe in a year or so when I have more free time I will restart it

We seem to be repeating ourselves here, and your whole way of handling the closing of the thread (and project) still seems disingenuous to me... but of course, you are free to conduct yourself in whatever way that you believe is suitable to the circumstances (including your own circumstances), and if you realize that your actions can sometimes cause other members to negatively judge you for such choices that you make.. and even to publicly proclaim such negative judgements, which seems to have been what I had done on several occasions in your thread, in this thread several months ago, and just recently.  Call me a judgmental twat, if you must.    

[OutOfMemory]

September 3, 2020
12:03 pm

I bought bitcoin with the amount of $150 with the market price of the coin 11.3k market price and I'm trying to take investment because there is a chance that the price goes up into 15k.

Right now I'm seeing the price drops over 10k and continuously going down and this is not a good shot for me right now. The only choice is holding and wait again for another pump.

Just want to share my cruel mistake lol.

No mistake there. A mistake would be to liquidize these sats at loss. The most expensive satoshis i have bought were at a tad above $15k. I still hodl them since almost three years

[SwayStar123]

proclaiming that you lost interest.. blah blah blah.. nonsense..

its not that i had lost interest but that i stopped updating due to unrelated circumstances in life

Due to personal and unrelated reasons i stopped this, maybe in a year or so when I have more free time I will restart it

We seem to be repeating ourselves here, and your whole way of handling the closing of the thread (and project) still seems disingenuous to me... but of course, you are free to conduct your self in whatever way that you believe is suitable to the circumstances (including your own circumstances), and if you realize that your actions can sometimes cause other members to negatively judge you for such choices that you make.. and even to publicly proclaim such negative judgements, which seems to have been what I had done on several occasions in your thread, in this thread several months ago, and just recently.  Call me a judgmental twat, if you must.   

Perhaps your right, perhaps not, but in the end i dont really care if you believe me or not, its your choice

[600watt]

Will you miss this year 2020 or would like to forget it ?  Are there good times ahead  

Wait, this isn't 2025 ? Damn, i landed in the wrong year. Damn that Dr. Jones

eh, have any of you seen anything about 12 monkeys ? I did find the virus, just not those monkeys 

Was 2025 still considered „early“ in bitcoin from the future you came from?

[qwizzie]

Will you miss this year 2020 or would like to forget it ?  Are there good times ahead  

Wait, this isn't 2025 ? Damn, i landed in the wrong year. Damn that Dr. Jones

eh, have any of you seen anything about 12 monkeys ? I did find the virus, just not those monkeys  

Was 2025 still considered „early“ in bitcoin from the future you came from?

Not sure, i was mostly working in the outer colonies (that Musk fellow works fast).
We pay there with Muskcoin.