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

[friends1980]

(...)

@JayJuanGee Today I am writing here on this thread first time because I am new to this forum and in this community trying hard to understand someone suggest me if I want to understand this all then I have to read your posts very carefully so I already done and read some good number of pages look like its very interesting for me but still want to ask can you give more tips to understand this all thanks.

Come on JJG, help the guy out.

Would I love to see BTC go to $100, just to see how PayPal would shit their pants with their IOUs.
(also, I'd probably buy some more)

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[JayJuanGee]

+ $4000 since the start of November.

oh boy, that's so incomparable with my salary.

it's just impossible to compare.

Yeah... but.....

in bitcoin, we have UPs and we have DOWNs, so we cannot just be measuring the short term UPs...  and then contemplating saying "fuck you" based on those kinds of short term price moves...

that seems to be what had caused some peeps to say "fuck you" too early during previous exponential BTC price periods... and it is not a good thing to be saying fuck you too early... In essence, better make sure that your ducks are surely in a row before planning hookers, lambos and blow when those things might still be a wee bit out of budget, no?

Anyhow, each of us should be able to accurately calculate these matters for our lil selfies.. and hopefully we are really in a good position to say fuck you before we actually act upon it.

[EatonABooger]

So every once in awhile I look at my Porsche and think "Damn that thing is worth a lot given the 2 bitcoins I paid for it". The value of having it these past few years is amazing, but those bitcoins would have bought other things now. Time however is something you can't replace.

I wonder if Bob is going to look at his liberated and lubricated ex-wage-slave and think "damn that boy's ass is worth a lot given the X bitcoins I paid to bail him out of bondage".

I'm afraid me paying 30 BTC for my Ducati is not going to age any better then it already has so far.... But like Bob said, absolutely no regrets!!

You mean the one that you crashed a few weeks later, or a different one?

 

My face is starting to slip away from my skull, yo.

This rocket has some high-grade fuel, yo.

We might hit $18K today at this rate.
This shit remind me of late 2017. The craziest thing is that this bull market is just getting started though.

How could it remind you of late 2017 when we have not even reached the previous ATH.. ?   hardly makes any senses...

@JayJuanGee Today I am writing here on this thread first time because I am new to this forum and in this community trying hard to understand someone suggest me if I want to understand this all then I have to read your posts very carefully so I already done and read some good number of pages look like its very interesting for me but still want to ask can you give more tips to understand this all thanks.

Ha Ha..
You forgot to have him take the requested conversation off the WO thread.
Keep him occupied elsewhere for a bit.  JK

[philipma1957]

May be the last chance to buy the fucking dip for awhile.....

If you really want to buy bitcoin for less than $17.8k, then just wait a few days, a week at best. And if you really want to buy bitcoin for much less, then just wait a few months. By the end of 2021 you can probably grab a bitcoin for $x,xxx and by the end of 2022 you can probably get a bitcoin for a few hundred bucks if you just have to have one.

Do you realize how much you can say I told you so if it all crashes and burns?

You will be a godlike contrarian !

I will have an awful lot of gear to sell.

[Bitcoin577]

So every once in awhile I look at my Porsche and think "Damn that thing is worth a lot given the 2 bitcoins I paid for it". The value of having it these past few years is amazing, but those bitcoins would have bought other things now. Time however is something you can't replace.

I wonder if Bob is going to look at his liberated and lubricated ex-wage-slave and think "damn that boy's ass is worth a lot given the X bitcoins I paid to bail him out of bondage".

I'm afraid me paying 30 BTC for my Ducati is not going to age any better then it already has so far.... But like Bob said, absolutely no regrets!!

You mean the one that you crashed a few weeks later, or a different one?

 

My face is starting to slip away from my skull, yo.

This rocket has some high-grade fuel, yo.

We might hit $18K today at this rate.
This shit remind me of late 2017. The craziest thing is that this bull market is just getting started though.

How could it remind you of late 2017 when we have not even reached the previous ATH.. ?   hardly makes any senses...

@JayJuanGee Today I am writing here on this thread first time because I am new to this forum and in this community trying hard to understand someone suggest me if I want to understand this all then I have to read your posts very carefully so I already done and read some good number of pages look like its very interesting for me but still want to ask can you give more tips to understand this all thanks.

Ha Ha..
You forgot to have him take the requested conversation off the WO thread.
Keep him occupied elsewhere for a bit.

I don't think its important as I have some good knowledge after reading his too may old posts he is doing really good here just ask if he can suggest any thing else I am already doing some personal search also but his suggestion may help more quickly.

[samson]

Fixed

Lol, I remember you from a few years back 

[BALIK]

If you really want to buy bitcoin for less than $17.8k, then just wait a few days, a week at best. And if you really want to buy bitcoin for much less, then just wait a few months. By the end of 2021 you can probably grab a bitcoin for $x,xxx and by the end of 2022 you can probably get a bitcoin for a few hundred bucks if you just have to have one.

That's probably what's going on in the heads of many people who now feel they should have bought more - this is the battle everybody is having, shall I buy in now or wait but what if I wait? Will I miss the chance?

But I do agree that this trend isn't going to be up-keeping for longer than a few months. However, now the market is smoking, and those that got in are enjoying the ride...

 

[AlcoHoDL]

I need to know what animal this is:



Bull? No.
Bear? Nope.
Pony & giraffe crossbreed? Could be.

Is it domestic?
And...can it really sing?

[El duderino_]

*drying off with $8,000 towel.*

That's EPIC!

In my case, I'm currently using a $2000 Trezor...

At least we haven't been eating $90M pizzas (yet)!

1 month rental apartment 1 bedroom junior size $30000

And the largest single dice bet was 7k BTC... back in 2013. I saw it live. On the dice site itself (it had a chat room too.)

Damn I can at some on this list as well.... only those games already.....  

[jojo69]

And...can it really sing?

https://www.youtube.com/watch?v=A7TuFy0fcuw

[AlcoHoDL]

[...]
edit: how to integrate a youtube video here?

LOL

It is being implemented in the forum software upgrade. Just need to be patient.

Yeah, I used to hate the forum engine. Sucked balls (and still sucks TBH). That was the reason I postponed registering for so long. But I've grown to like the simplicity of it. Clean, fast, and with the help of browser zoom and Dark Reader, perfectly readable.

Wish some solution existed for easy mobile phone browsing/posting...

[JayJuanGee]

Not selling anything until $50k. I hedl for 2 extra years since the price was $20k so this extra hodling time should be properly remunerated.    

Selling is not my concern right now. "When can we buy more?", is what I'm thinking atm

You have had nearly 3 years to buy MOAR... so difficult to know what to say... atm...


sucks to NOT have been adequately and sufficiently pee pared for UPpity, no?

 

Is this whole bitcoin thing now in full FOMO mode? Asking for a friend.

My FOMO indicator is still at an all time LOW...

Family > Only 1 has asked me about it.
Friends > Only 1 has asked me about it. (same friend from last bull market)
Acquaintances > NONE

It does feel like May-June 2017 again!....

How could it, currently, feel like May / June 2017... by early May 2017 we had crossed previous ATH for the second time and through June 2017 we proceeded to approach 3x of the previous ATH...

Hardly feels like May/June 2017 to me, yet... Maybe it is just me... ?    hahahahaa  I doubt it.

[Torque]

@JayJuanGee Today I am writing here on this thread first time because I am new to this forum and in this community trying hard to understand someone suggest me if I want to understand this all then I have to read your posts very carefully so I already done and read some good number of pages look like its very interesting for me but still want to ask can you give more tips to understand this all thanks.

I don't think its important as I have some good knowledge after reading his too may old posts he is doing really good here just ask if he can suggest any thing else I am already doing some personal search also but his suggestion may help more quickly.

The first thing, the very first thing

that you can do to improve your life

and raise your status and respect

in the eyes of others

beyond anything else

is to get very very acquainted with

the period sign.

"." 

[AlcoHoDL]

And...can it really sing?

https://www.youtube.com/watch?v=A7TuFy0fcuw

I had forgotten of this! Nice one!

But 2013? So long ago? I thought he was more recent.

Registration: 2011. Wish I had started then...

[eXPHorizon]

@JayJuanGee Today I am writing here on this thread first time because I am new to this forum and in this community trying hard to understand someone suggest me if I want to understand this all then I have to read your posts very carefully so I already done and read some good number of pages look like its very interesting for me but still want to ask can you give more tips to understand this all thanks.

I don't think its important as I have some good knowledge after reading his too may old posts he is doing really good here just ask if he can suggest any thing else I am already doing some personal search also but his suggestion may help more quickly.

The first thing, the very first thing

that you can do to improve your life

and raise your status and respect

in the eyes of others

beyond anything else

is to get very very acquainted with

the period sign.

"."  

yes

[Bitcoin577]

@JayJuanGee Today I am writing here on this thread first time because I am new to this forum and in this community trying hard to understand someone suggest me if I want to understand this all then I have to read your posts very carefully so I already done and read some good number of pages look like its very interesting for me but still want to ask can you give more tips to understand this all thanks.

I don't think its important as I have some good knowledge after reading his too may old posts he is doing really good here just ask if he can suggest any thing else I am already doing some personal search also but his suggestion may help more quickly.

The first thing, the very first thing

that you can do to improve your life

and raise your status and respect

in the eyes of others

beyond anything else

is to get very very acquainted with

the period sign.

"." 

I appreciated this all and thanks for good tip about this WO hopefully I will have this all after spending some time here  

[600watt]

past cycles were driven by retail fomo. retail that was trying to time the top to sell for as much fiat as possible. the game was bitcoin but it was fiat dominated. hodlers that did not sell the top had to swallow multiyear face ripping meltdowns of unrealized gains. fiat gains. hodlers that did not sell were ridiculed and laughed at. overall the price was appreciating and mostly during the 2017 cycle retail had dreams of escaping the rat race by selling the top for life changing fiat amounts.

after all retail are the regular guys. those that were never allowed to participate in pre-ipo stock sales of big tech. those that watched accredited investors become billionaires due to their privilege of investing early in big tech company pre-ipo. with bitcoin they were able to do the same. get in early and sell high, yeah that is the plan. and I know it is your plan, too. most of you want to time the top, get fiat rich, escape the hamster wheel for good. lambos are looming.

this has happened three times now and you are all conditioned to either sell the top for mountains of fiat or- with a little twist - sell the top to later buy back cheap coins to finally grab all those btc you ever dreamed of possessing. my wet dream of the next bull run is to be able to time the top, be rich and also buy back the btc later to even have more corn than ever before in addition to life changing piles of fiat. wouldn't that be nice? have your bitcoin cake and eat it too.

be careful. this next bull is not retail driven with fiat in mind. it is driven by institutional investors. their motivation is not fiat. they drown in fiat, that is not the point. their point is to invest in something that protects against a fiat meltdown. they don't invest to make more fiat, they invest to fucking escape fiat. they invest to hedge against fiat. for them, there is no top to sell btc for even more fiat. they will hold their corn.

don't expect another 80% multiyear bear after some crazy spike in btc price this time around. no weak hand fomo retail is owning the corn, but hardened financial shark professionals that noticed that fiat is a melting ice cube. in either this cycle or the next one bitcoin will reach escape velocity. price will not come back.

don't be the OG bitcoin hodler who went through all the despair and disillusional face melting bears without selling but then sell at a local top in that very cycle that was the cycle where price did never come back, turning you - a former btc boss - into a poor fiat bag holder.

if they end up with btc and you end up with tons of worthless fiat, they played you and they won and you lost.

it is not the tops that get smaller or the cycles that get longer. it is the bear markets that will diminish.

the 2020ies will be the decade of bitcoin. at the end of this decade one bitcoin will be worth a million $ (todays value). no one will believe that there was an opportunity in 2020 to buy btc for $4k.

don't sell meaningful amounts of your corn. the professionals will outplay you. their fiat supply is endless. your btc supply is not.

i was thinking of keeping 50% of stash - no matter what price. but it already feels like a stupid idea. yeah trying to buy back cheap coins to gain coins is tempting, but it is actually trading.  I hate trading. maybe I will keep 70% of stash forever, risk only 30% maybe even less.

[philipma1957]

Not selling anything until $50k. I hedl for 2 extra years since the price was $20k so this extra hodling time should be properly remunerated.    

Selling is not my concern right now. "When can we buy more?", is what I'm thinking atm

You have had nearly 3 years to buy MOAR... so difficult to know what to say... atm...


sucks to NOT have been adequately and sufficiently pee pared for UPpity, no?

 

Is this whole bitcoin thing now in full FOMO mode? Asking for a friend.

My FOMO indicator is still at an all time LOW...

Family > Only 1 has asked me about it.
Friends > Only 1 has asked me about it. (same friend from last bull market)
Acquaintances > NONE

It does feel like May-June 2017 again!....

How could it, currently, feel like May / June 2017... by early May 2017 we had crossed previous ATH for the second time and through June 2017 we proceeded to approach 3x of the previous ATH...

Hardly feels like May/June 2017 to me, yet... Maybe it is just me... ?    hahahahaa  I doubt it.

this is more like 2016 nov to dec.

to be like nov 2017 we would be at 35k to be like ath of dec 2017 we need to be at 78k.

this from a mining viewpoint.

if you want to say  it from a trade viewpoint we were 3900k and to jump to 78k is 20x

in jan of of 2017 we were about 1k in dec of 2017 we were about 20k.

hmm 20x jump did not I just mention this for the mining viewpoint?

so we would be at dec 2017 ath when we reach 78k

this is much like 2016 not 2017

[eXPHorizon]

past cycles were driven by retail fomo. retail that was trying to time the top to sell for as much fiat as possible. the game was bitcoin but it was fiat dominated. hodlers that did not sell the top had to swallow multiyear face ripping meltdowns of unrealized gains. fiat gains. hodlers that did not sell were ridiculed and laughed at. overall the price was appreciating and mostly during the 2017 cycle retail had dreams of escaping the rat race by selling the top for life changing fiat amounts.

after all retail are the regular guys. those that were never allowed to participate in pre-ipo stock sales of big tech. those that watched accredited investors become billionaires due to their privilege of investing early in big tech company pre-ipo. with bitcoin they were able to do the same. get in early and sell high, yeah that is the plan. and I know it is your plan, too. most of you want to time the top, get fiat rich, escape the hamster wheel for good. lambos are looming.

this has happened three times now and you are all conditioned to either sell the top for mountains of fiat or- with a little twist - sell the top to later buy back cheap coins to finally grab all those btc you ever dreamed of possessing. my wet dream of the next bull run is to be able to time the top, be rich and also buy back the btc later to even have more corn than ever before in addition to life changing piles of fiat. wouldn't that be nice? have your bitcoin cake and eat it too.

be careful. this next bull is not retail driven with fiat in mind. it is driven by institutional investors. their motivation is not fiat. they drown in fiat, that is not the point. their point is to invest in something that protects against a fiat meltdown. they don't invest to make more fiat, they invest to fucking escape fiat. they invest to hedge against fiat. for them, there is no top to sell btc for even more fiat. they will hold their corn.

don't expect another 80% multiyear bear after some crazy spike in btc price this time around. no weak hand fomo retail is owning the corn, but hardened financial shark professionals that noticed that fiat is a melting ice cube. in either this cycle or the next one bitcoin will reach escape velocity. price will not come back.

don't be the OG bitcoin hodler who went through all the despair and disillusional face melting bears without selling but then sell at a local top in that very cycle that was the cycle where price did never come back, turning you - a former btc boss - into a poor fiat bag holder.

if they end up with btc and you end up with tons of worthless fiat, they played you and they won and you lost.

it is not the tops that get smaller or the cycles that get longer. it is the bear markets that will diminish.

the 2020ies will be the decade of bitcoin. at the end of this decade one bitcoin will be worth a million $ (todays value). no one will believe that there was an opportunity in 2020 to buy btc for $4k.

don't sell meaningful amounts of your corn. the professionals will outplay you. their fiat supply is endless. your btc supply is not.

i was thinking of keeping 50% of stash - no matter what price. but it already feels like a stupid idea. yeah trying to buy back cheap coins to gain coins is tempting, but it is actually trading.  I hate trading. maybe I will keep 70% of stash forever, risk only 30% maybe even less.

Bla bla bla. Bla bla bla blaaa bla bla bla. Until a solar flare hits, remember we have been gifted the time without Coronal Mass Ejection.

[600watt]

past cycles were driven by retail fomo. retail that was ... (...)

Bla bla bla. Bla bla bla blaaa bla bla bla. Until a solar flare hits, remember we have been gifted the time without Coronal Mass Ejection.

i was talking to bitcoin owners. not to fiat weirdos.