Bitcoin Forum
January 21, 2022, 02:04:41 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Highest price we'll see in 2022:
50,000 - 0 (0%)
60,000 - 0 (0%)
70,000 - 0 (0%)
80,000 - 0 (0%)
90,000 - 0 (0%)
100,000 - 0 (0%)
125,000 - 0 (0%)
150,000 - 0 (0%)
175,000 - 0 (0%)
200,000 - 0 (0%)
225,000 - 0 (0%)
250,000 - 0 (0%)
275,000 - 0 (0%)
300,000 - 0 (0%)
>300,000 - 0 (0%)
Total Voters: 0

Pages: « 1 ... 27147 27148 27149 27150 27151 27152 27153 27154 27155 27156 27157 27158 27159 27160 27161 27162 27163 27164 27165 27166 27167 27168 27169 27170 27171 27172 27173 27174 27175 27176 27177 27178 27179 27180 27181 27182 27183 27184 27185 27186 27187 27188 27189 27190 27191 27192 27193 27194 27195 27196 [27197] 27198 27199 27200 27201 27202 27203 27204 27205 27206 27207 27208 27209 27210 27211 27212 27213 27214 27215 27216 27217 27218 27219 27220 27221 27222 27223 27224 27225 27226 27227 27228 27229 27230 27231 27232 27233 27234 27235 27236 27237 27238 27239 27240 27241 27242 27243 27244 27245 27246 27247 ... 30173 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25527108 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. (158 posts by 14 users with 9 merit deleted.)
BobLawblaw
Legendary
*
Offline Offline

Activity: 1092
Merit: 3733


Welcome to Costco. I love you.


View Profile
September 04, 2020, 03:51:31 PM
Merited by infofront (1), BitcoinGirl.Club (1)

May be for the last time we will see a test on $10k?

I've got a bad feeling we're going to briefly dip back into 4 digit territory today. I sincerely hope I'm wrong. Not liking the signs from that recent big red candle...

EDIT: Seeing shorts getting liquidated and large market buys, so maybe we are going up today. Too lazy to screencap Twitter right now.



Are you playing anything these days?

 Jumping back and forth between Path of Exile (trying to grind to level 100 with my main dude. Currently 32% through level 98), Torchlight II, and MS Flight Sim (mostly for silly shenanigans like trying to successfully barrel-roll a 747 without it tearing itself apart, or crashing into an ocean...)

 I tested crashing a 747 into our house before taking out Epstein Island.
1642730681
Hero Member
*
Offline Offline

Posts: 1642730681

View Profile Personal Message (Offline)

Ignore
1642730681
Reply with quote  #2

1642730681
Report to moderator
1642730681
Hero Member
*
Offline Offline

Posts: 1642730681

View Profile Personal Message (Offline)

Ignore
1642730681
Reply with quote  #2

1642730681
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1642730681
Hero Member
*
Offline Offline

Posts: 1642730681

View Profile Personal Message (Offline)

Ignore
1642730681
Reply with quote  #2

1642730681
Report to moderator
1642730681
Hero Member
*
Offline Offline

Posts: 1642730681

View Profile Personal Message (Offline)

Ignore
1642730681
Reply with quote  #2

1642730681
Report to moderator
1642730681
Hero Member
*
Offline Offline

Posts: 1642730681

View Profile Personal Message (Offline)

Ignore
1642730681
Reply with quote  #2

1642730681
Report to moderator
serveria.com
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 840


Balls of steel. This time is different.


View Profile WWW
September 04, 2020, 03:51:57 PM

Historians will one day spend years digging through this thread to understand the evolution of bitcoin in the minds of early bitcoin HODLers.

Hi there, future historians!

a gift for future historians (and bob)




Emmmm don't touch it... for reasons...  Grin
JayJuanGee
Legendary
*
Online Online

Activity: 2870
Merit: 5510


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
September 04, 2020, 03:58:32 PM
Merited by JSRAW (1)

It already dipped below $10k (I spotted $9,987.86 about 30 minutes ago... lasting for at least 3 minutes).   Shocked

You already had your chance.  Wink

In other words: been there, done that.  Tongue

crap, just missed triggering a buy i had at 9920 then. catch it later maybe

Usually it is better to put your buy orders at above the BIGGER round numbers (in that case, the BIG number that seemed to have fallen pretty quickly was $10k), but sure, you never know because sometimes the spike does go temporarily past the BIGGER round number (which it did in this case).  

Historically, I have had plenty of orders (both buy and sell) that just miss by a few dollars and sometimes even missing by a few cents.. and sure, sometimes the BTC price does come back to that previous location, so usually it does not pay to change your order locations, unless you are changing your order locations for a different reason.. so overall, our mission as "swing traders" should be to try NOT to be emotional about whether our BTC orders are filled or not, but when they are "close but no cigar," we can become a bit irritated (which surely is a kind of emotional) because of how close the orders had come to filling (without happening).

You are right though, vapourminer.  It seems way too early to call the bottom for this particular cycle, currently - even though in my earlier post, I was playing around with BayAreaCoins about the bottom potentially being "in".... a little hopium on my behalf, probably.

By the way, this time around (the past 24-48 hours), I had BTC buy orders that were located about every $250 increment from $11,300-ish to $10k fill.. so my next buy order is around $9,800-ish... so when the BTC price moves a lot, then surely a lot of orders do end up getting filled (even in my case), and I try to NOT have any second guesses regarding all of the BTC that I bought all the way down the ladder, when I could have timed it and bought them all for lower prices (in theory).. In other words, I have no regrets about how it played out and glad that I was able to feel that I profited from the situation...

I kind of feel like I am supporting the cause and doing my "duties" when those multiple BTC buy orders are filling up all the way down the ladder, while at the same time satisfying my personal interests of stacking more sats along the way, too - even though in retrospect quite a few of them were bought at much higher prices than I "could have bought them" in theory.

Looks like we got our second dip below $10k, and this one lasted for only one minute (about 1 hour before this post), but it was deeper than the previous dip, described above.  So, if vapourminer did not change anything, then his buy order at $9,920-ish would have gotten filled because we got down to $9.902.43, and my next buy order $9,800-ish is still just sitting there... NO problema with me.  I remain neutral about my buy orders getting filled, except of course, if we come within a few dollars of my buy order, then I start to develop a bit of a small preference that it gets filled.. a short term rooting for down (against all reason, but the thought is that if we have gotten this far, what's a few more dollars?.... hahahahahahaha).  

Anyhow, I remain quite biased in my preference for UP rather than DOWN... because even if I might be able to stack a few sats on the way down, it continues to be minuscule amounts of stacking as compared with how much of a benefit comes from purely straight UP.  So let's take this latest dip down from $12,000 to $10k... that's a $2k dip in prices that my system has caused me to increase my stash by .1% a most (after the down and the up takes place, I maybe have stacked an additional .1% through my system)... Pretty piddly in the whole scheme of things, and would be way better off by dollar cost averaging over the longer term and continuing to add value on a regular basis.  Problem with my current personal situation is that I no longer feel that I am in a situation to continue to inject value into BTC because I both overachieved my goal in late 2014, continued to add value after 2014 (even after I had already overachieved) and the value of BTC had gone up 78x since late 2015 - but then we are stabilized at a BTC value that continues to be around 40x (given $10k as an approximate current price) and 26x (if we consider $6,600 as our current approximate 200 week moving average - which would be the theoretical extreme bottom).

The punchline continues to be that systematic attempts to profit from volatility remain as a kind of insurance (mostly psychological and a wee bit financial) more than any kind of meaningful way to stack sats or to profit in BTC overall, and the best ways to continue to stack sats and to accumulate BTC value is mostly by periodically injecting value, whether calling it DCA or calling it buying the dip or calling it something else.  And, by the way, for anyone looking for a dip, when you get anything over 10%, you are likely witnessing a significant and meaningful buying dip, and maybe you do not want to blow all of your buying wadd (or dry powder) on a 10% dip, and in this circumstance, so far, we have seen about 18% dip from $12,061 down to $9,902, which should be more than reasonable to pull the BTC buy trigger for anyone buying the dip, and sure you can keep some more value available, just in case to buy if there were more of a dip, but such additional dip may or may not happen this time around.  

Ps.  I see that we are getting a pretty BIG bounce off of this latest dip:  Observing $10,457 as I type this Ps, but I am not going to proclaim that the bottom is "in" because I believe that it is too early to confidently make those kinds of assertions.
SwayStar123
Full Member
***
Offline Offline

Activity: 818
Merit: 118

Be decentralized, be sovryn


View Profile
September 04, 2020, 03:59:50 PM

I shall go to the himalayas to atone for my sins now
ivomm
Legendary
*
Offline Offline

Activity: 1505
Merit: 1601


All good things to those who wait


View Profile
September 04, 2020, 04:01:06 PM
Merited by vapourminer (1), jbreher (1), serveria.com (1), BobLawblaw (1)

Actually, I think the rusty pipe idea is good especially for trolls. Just give it without comment. They will be puzzled what is the meaning, but WO gang knows Cheesy

Exhibit A:






BitcoinGirl.Club
Legendary
*
Offline Offline

Activity: 1960
Merit: 1870


Quote me if you want a response


View Profile WWW
September 04, 2020, 04:02:16 PM

May be for the last time we will see a test on $10k?

I've got a bad feeling we're going to briefly dip back into 4 digit territory today. I sincerely hope I'm wrong. Not liking the signs from that recent big red candle...

EDIT: Seeing shorts getting liquidated and large market buys, so maybe we are going up today. Too lazy to screencap Twitter right now.
I too have a feeling that we may see another 4 digit and like you I too sincerely hope that we do not go to that route. Observing now @ $10,390 so we can hope a quick recovery.
JSRAW
Legendary
*
Offline Offline

Activity: 1316
Merit: 1381



View Profile
September 04, 2020, 04:06:06 PM
Merited by JayJuanGee (1)

End of the WO thread if JJG can't find any post to reply, instead updating his own reply.....
strawbs
Hero Member
*****
Offline Offline

Activity: 768
Merit: 842



View Profile
September 04, 2020, 04:07:18 PM
Merited by JayJuanGee (1), BobLawblaw (1)

Wow, what a lot of silliness.

Complaining about the merit giving process on an obscure1 corner of the interweb? I mean, merits are all good and fun and everything, but the day you start to give a flying fuck about approval from strangers2 on the internet, is the day you need to go and slap yourself harshly with a wet fish.

And if you don't like a particular obscure3 corner of the interweb, go hang somewhere else. It's a big place.

I hardly ever go to any other part of the forum, only the WO really. I don't post too much here either, hence a low post to years active ratio. But that's fine. After many years, the characters become familiar. It's also a good place to pick up info sometimes.

And it has haikus.

1no offence meant here
2no offence meant here either
3no offence meant here

In all their beautiful forms

Much love
#nohomo
#haikulove
#WOlove

And in the spirit of not giving a fuck about merits, I'll give my remaining 20 smerits to the best haiku (in my humble opinion) posted this coming Sunday.

# need more haikus
JSRAW
Legendary
*
Offline Offline

Activity: 1316
Merit: 1381



View Profile
September 04, 2020, 04:08:45 PM

@Bob FPS players are gamer in your opinion?  if yes then I do have more than 15k hours of experience in TF2, COD and CS... to add some bonus  i worked in all 3 games..

FPS players are definitely gamers. Some of the most hardcore.

I'm entirely burnt out on the FPS genre... for... (ASSERT THROWN: OPSEC VIOLATION). Mostly enjoy playing ARPG's now.
LIkewise ( minus RPG) when i left Valve.

Watch out if you are into DOTA, its addictive af.
BitcoinGirl.Club
Legendary
*
Offline Offline

Activity: 1960
Merit: 1870


Quote me if you want a response


View Profile WWW
September 04, 2020, 04:09:43 PM

End of the WO thread if JJG can't find any post to reply, instead updating his own reply.....
I have no clue what am I doing here. Lost track. May be I will need one of your JS exclusive summary LOL
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4390


Be a bank


View Profile
September 04, 2020, 04:09:45 PM
Merited by infofront (1)

It's also a good place to pick up info sometimes.


you do know he's a married man?
nullius
Copper Member
Hero Member
*****
Offline Offline

Activity: 588
Merit: 2388


There is only one Bitcoin.


View Profile WWW
September 04, 2020, 04:12:28 PM

Here is my latest Price Orientation Oscillation Prediction analysis. I hope some find it helpful. Consistent with the mathematical trend of the last ~3 years, this looks like another great price point to strongly short with high leverage. I have confirmed this analysis with the strongest science available so far.



Your argument could be stronger if you didn’t wreathe what’s at best educated guesswork in grand pronouncements about “the strongest science”.  Such rhetoric is a scientifically accurate indicator of quackery.

Furthermore, playing devil’s advocate, even if your predictions were correct, “to strongly short with high leverage” is a most excellent means to be wiped out on grounds that “the market can stay irrational longer than you can stay solvent”.  Plenty of speculators have lost their shirts with highly leveraged shorts on fundamentally worthless shitcoins.  Which Bitcoin is not.

This goes far beyond a bearish SELL pronouncement.  Too-emphatically urging, with claims of “the strongest science”, that people should jump into a position of potential losses limited only by the amount that they can put up for margin calls—cui bono?
Toxic2040
Legendary
*
Offline Offline

Activity: 1232
Merit: 2444



View Profile
September 04, 2020, 04:16:31 PM

It's also a good place to pick up info sometimes.


you do know he's a married man?

this doesnt make him less of a slut..i hear he is a cheap date as well..  get a few in em and your bound to score
goldkingcoiner
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 641


Crypto Marketing Advisor


View Profile
September 04, 2020, 04:22:36 PM

It's also a good place to pick up info sometimes.


you do know he's a married man?

https://www.youtube.com/watch?v=cgwlJIo0In0


nullius
Copper Member
Hero Member
*****
Offline Offline

Activity: 588
Merit: 2388


There is only one Bitcoin.


View Profile WWW
September 04, 2020, 04:23:16 PM

I shall go to the himalayas to atone for my sins now

Protip:  Forget the moralizing histrionics about virtue and sin, focus on some subject other than whether WO is an “extremely toxic community” or you need a stint of navel-gazing, and do something that provides value to yourself and/or others.

(This is me being helpful.  Shrug.)
d_eddie
Legendary
*
Offline Offline

Activity: 1666
Merit: 1736



View Profile
September 04, 2020, 04:27:45 PM

Code:
SMerits Balance=Received Merits/2-Sent Merits

[nitpick]
Should be
Code:
SMeritsBalance = floor(ReceivedMerits / 2) - SentMerits + floor( (Oldmerits % 2 + ReceivedMerits % 2) / 2)
The last term is to account for even/odd number of merits.
[/nitpick]
SwayStar123
Full Member
***
Offline Offline

Activity: 818
Merit: 118

Be decentralized, be sovryn


View Profile
September 04, 2020, 04:28:21 PM

I shall go to the himalayas to atone for my sins now

Protip:  Forget the moralizing histrionics about virtue and sin, focus on some subject other than whether WO is an “extremely toxic community” or you need a stint of navel-gazing, and do something that provides value to yourself and/or others.

(This is me being helpful.  Shrug.)

I will try to interact on this thread as nicely as i can to see whether or not that statement was true, as the toxicity i claim came from 2 main sources

1. The response to my first posts here
2. The fact that a long time member went as far to delete every single post he had on here because IIRC some needle broke the camels back
BobLawblaw
Legendary
*
Offline Offline

Activity: 1092
Merit: 3733


Welcome to Costco. I love you.


View Profile
September 04, 2020, 04:29:27 PM
Merited by JSRAW (1)

Watch out if you are into DOTA, its addictive af.

I played the crap out of DOTA 2 for a long while. Venomancer was my favorite guy to play. Ultimately, it was the length of time for some of the games to play out, that turned me off of it. Games sometimes lasting up to an hour was becoming tedious. Same reason I quit playing WoW; too much time to devote to high end play with raids and whatnot.

Tried playing Artifact, but it was an unmitigated trainwreck on release, and tossed it aside. Was big into Hearthstone for a while, before becoming bored with it as well. Have since nuked my entire Blizzard account over the Hong Kong Hearthstone tourney debacle.

Mostly into games where I can play in 15-30 minute chunks at times, if need-be.
bitmover
Legendary
*
Offline Offline

Activity: 1456
Merit: 3082



View Profile WWW
September 04, 2020, 04:31:49 PM
Merited by LoyceV (2), El duderino_ (2), fillippone (2), JayJuanGee (1), Paolo.Demidov (1)

Wall Observer Meta Post!

I will do one more WO Meta post as well.

I just updated WO merit race with the last data from today. You can see the same data fillippone used, (thanks to LoyceV) but in a different format. I also added avatars.

You can see it in my personal domain:

https://bitcoindata.science/wall-observer-merit-race.html


To see your hat in the animation, the hat needs to be a .png file (because I generated all hats image addresses using an algorithm username.png, cause 90% of avatars are png files)
Hueristic
Legendary
*
Offline Offline

Activity: 2968
Merit: 2617


Doomed to see the future and unable to prevent it


View Profile
September 04, 2020, 04:36:01 PM
Merited by El duderino_ (2)

back to earth?  Cheesy ~> $3500 reeeeee\\\\\\

Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

Nice, the bulls are showing up!


Pages: « 1 ... 27147 27148 27149 27150 27151 27152 27153 27154 27155 27156 27157 27158 27159 27160 27161 27162 27163 27164 27165 27166 27167 27168 27169 27170 27171 27172 27173 27174 27175 27176 27177 27178 27179 27180 27181 27182 27183 27184 27185 27186 27187 27188 27189 27190 27191 27192 27193 27194 27195 27196 [27197] 27198 27199 27200 27201 27202 27203 27204 27205 27206 27207 27208 27209 27210 27211 27212 27213 27214 27215 27216 27217 27218 27219 27220 27221 27222 27223 27224 27225 27226 27227 27228 27229 27230 27231 27232 27233 27234 27235 27236 27237 27238 27239 27240 27241 27242 27243 27244 27245 27246 27247 ... 30173 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!