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

[suda123]

great  !!!

400 left untouched, now im 5 usd richer  LOL

500 soon  

Hm?  how did that happen?  is your average BTC buy in price $424, and you own 1 BTC?  or you talking about something else in your riddle of a post?  

yes actually im selling 1 btc  near 440, then when it crashing to 422 im buying back, turn out it crashing near 409. it almost worried me (you can check my post history).

so yes 427 (when i posted) - 422 = +5 usd

 

Don't spend it all at once bro

 

i wonder what happen when price goes to the moon (next year), will it goes to certain price says 2000, then everyone sell and price goes ballistic to 900 or even 500 again

the US will be in deep shit by then, USD will be irrelevant.

[JayJuanGee]

i wonder what happen when price goes to the moon (next year), will it goes to certain price says 2000, then everyone sell and price goes ballistic to 900 or even 500 again

Ideally if we go to the moon & achieve mainstream adoption then bitcoin will be accepted in most places & we won't have to sell anything.

If the price goes to 2000 soon though & doesn't seem to be going up from there we'e have a decision to make.

My advice to anybody who HODL's though is never sell 100% of your coins. Imagine how shit it'd be if you sold @ say 2000 & then 2-3 years later the price shot to 100k. Always save something in cold storage even if it's 1 bitcoin.

No regrets etc.

yep... maybe always hang onto 10% of your BTC stash or 1BTC, whatever is greater....   The quantity of your BTC stash will evolve over time, so investors are certainly going to come to varying judgements regarding an appropriate amount to keep on the side.


On the other hand, none of us are going to live forever, except maybe lambie, and we have to consider timing our investments, to some extent.  It is good to spend most of it by the time you die, but you do not want to spend it too soon... fuck.. what a dilemma because none of us really know the answer to that question regarding our own death.

[WhalingWhales]

Only a few more days and up up and away we go.

[ChartBuddy]

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Explanation

[noobtrader]

i wonder what happen when price goes to the moon (next year), will it goes to certain price says 2000, then everyone sell and price goes ballistic to 900 or even 500 again

Ideally if we go to the moon & achieve mainstream adoption then bitcoin will be accepted in most places & we won't have to sell anything.

If the price goes to 2000 soon though & doesn't seem to be going up from there we'e have a decision to make.

My advice to anybody who HODL's though is never sell 100% of your coins. Imagine how shit it'd be if you sold @ say 2000 & then 2-3 years later the price shot to 100k. Always save something in cold storage even if it's 1 bitcoin.

No regrets etc.

i agree, maybe on the safe side, just sell to cover your initial investment. so its all free coin...

[a7mos]

i wonder what happen when price goes to the moon (next year), will it goes to certain price says 2000, then everyone sell and price goes ballistic to 900 or even 500 again

Ideally if we go to the moon & achieve mainstream adoption then bitcoin will be accepted in most places & we won't have to sell anything.

If the price goes to 2000 soon though & doesn't seem to be going up from there we'e have a decision to make.

My advice to anybody who HODL's though is never sell 100% of your coins. Imagine how shit it'd be if you sold @ say 2000 & then 2-3 years later the price shot to 100k. Always save something in cold storage even if it's 1 bitcoin.

No regrets etc.

i agree, maybe on the safe side, just sell to cover your initial investment. so its all free coin...

If i have some extra money, i would safe my bitcoin without selling as you suggests.
but in some points I sell my btc because I am in need for cash for my daily live.
investing in btc does not work for all people

[Cconvert2G36]

It seems to me that bitcoin can accommodate a lot of political ideologies, not just libertarians, even though there seem to be quite a few strongly-viewed libertarians (especially some of the early adopters) who seem to have been viewing bitcoin as the savior (even though a few of them may have dropped off a bit when it was discovered that bitcoin may not be as anonymous as was initially asserted and/or marketed).

It's a technical problem.  There are technical solutions.  When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io.  Consequently my privacy is assured.

I could see that for buying a rug on overstock or a monitor from newegg...

What's the technical solution for buying a car, a house, a commercial property?

[jbreher]

I think this is the wall he was looking for.

HO-LY FU-CK!!! !!! !!! !!! !!! !!! !!! !!! !!! !!! !!! !!! !!! ||| ||| ||| ||| ||| ||| ||| ||| ||| ... ... ... ... ... ... ...

I know. Pretty much everyone here is insane.  

I'm in. They suspect nothing.

https://bitcointalk.org/index.php?topic=400235.msg13391297#msg13391297

Be careful. I dipped my toe in that thread once and lost it.

Interestingly, both that thread and this one independently went bat-shit-crazy over the last 48 hours. Are we all really that bored with the market?

[aminorex]

monkey thinks it could rise for as long as 8 more hours before continuing down for a week or so.  on the bright side he tells me support level has risen to 370

Monkey gave up on it intraday.  I'm out.

[Fatman3001]

I think this is the wall he was looking for.

HO-LY FU-CK!!! !!! !!! !!! !!! !!! !!! !!! !!! !!! !!! !!! !!! ||| ||| ||| ||| ||| ||| ||| ||| ||| ... ... ... ... ... ... ...

I know. Pretty much everyone here is insane. 

I'm in. They suspect nothing.

https://bitcointalk.org/index.php?topic=400235.msg13391297#msg13391297

Be careful. I dipped my toe in that thread once and lost it.

What exactly? Your mind or your toe?

[JayJuanGee]

monkey thinks it could rise for as long as 8 more hours before continuing down for a week or so.  on the bright side he tells me support level has risen to 370

Monkey gave up on it intraday.  I'm out.

Must be going up, then.,.,....

chooo


chooo

[sAt0sHiFanClub]

Interestingly, both that thread and this one independently went bat-shit-crazy over the last 48 hours. Are we all really that bored with the market?

Different threads, different scales on the bat-shit-crazy-o-meter.  

[aminorex]

It's a technical problem.  There are technical solutions.  When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io.  Consequently my privacy is assured.

What's the technical solution for buying a car, a house, a commercial property?

In each of those cases, the purchase is a matter of public record, and hence privacy concerns are moot.

But yes, there is a scale problem.  When the nickel and dime volume is large enough, then the liquidity will suffice for the dollar traffic to insinuate itself, &c.  Given the trend in privacy awareness in marketplaces which have historically been early adopters of crypto, I expect the scale problem to work itself out over time.  "Price fixes everything."  

[JimboToronto]

C'mon. Somebody buy a few thousand coins and get this thing rolling again.

Sub-$450 is getting boring. It was fun as a buying opportunity but it's time to move on.

 

[Cconvert2G36]

It's a technical problem.  There are technical solutions.  When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io.  Consequently my privacy is assured.

What's the technical solution for buying a car, a house, a commercial property?

In each of those cases, the purchase is a matter of public record, and hence privacy concerns are moot.

But yes, there is a scale problem.  When the nickel and dime volume is large enough, then the liquidity will suffice for the dollar traffic to insinuate itself, &c.  Given the trend in privacy awareness in marketplaces which have historically been early adopters of crypto, I expect the scale problem to work itself out over time.  "Price fixes everything."  

I was thinking more along the lines of privacy of the origin of funds rather than whether you, as the new owner of property, were identifiable.

Your point is an important one though, and largely the reason why I am passionate about scaling, it's the small stuff that facilitates the store of value/big stuff.  

[ChartBuddy]

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Explanation

[niktitan132]

C'mon. Somebody buy a few thousand coins and get this thing rolling again.

Sub-$450 is getting boring. It was fun as a buying opportunity but it's time to move on.

 

Start it off man. Buy a few K btc and see where it gets us.  

[billyjoeallen]

It's a technical problem.  There are technical solutions.  When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io.  Consequently my privacy is assured.

What's the technical solution for buying a car, a house, a commercial property?

In each of those cases, the purchase is a matter of public record, and hence privacy concerns are moot.

But yes, there is a scale problem.  When the nickel and dime volume is large enough, then the liquidity will suffice for the dollar traffic to insinuate itself, &c.  Given the trend in privacy awareness in marketplaces which have historically been early adopters of crypto, I expect the scale problem to work itself out over time.  "Price fixes everything."  

More like "price fixing screws up everything."  The miners just want a good Return on Investment, as they should. The're not going to rock the boat, either for the blockstream patch, BIP101, or any other scaling solution until it hurts their bottom line enough to do so.  That means the price has to go down far enough for them to have the incentive to adopt a patch and if price doesn't...fullblocalypse. Miners will take us right to the brink because they want the fees and don't want risk breaking Bitcoin until it's clear that it's already broken.

As fees creep up and most legit users stop using the network, the money launderers tax cheats and drug dealers will dominate and then the governments will push to seal up the on and offramps under some anti-terrorism bullshit.

Blockstream can stop BIP101. Bigblockers can stop Blockstream. Nobody has a consensus and nobody is going to get one. Traders will be able to jam the network for hours to manipulate the price. Meanwhile BankAmericoin, Applecoin, FBcoin and others are going to roll out their products and the first mover advantage will be squandered.

[peonminer]

[ChartBuddy]

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Explanation