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

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 36 more days!

[TERA]

This seems to assume that you are travelling to the moon via rocket and not some other means, such as a train, or simply referring to your orientation.

[Fatman3001]

Edit: Fudge! Porkchops beat me to it!

I win. Again!

This seems to assume that you are travelling to the moon via rocket and not some other means, such as a train, or simply referring to your orientation.

Wut? There's no down in space.

Edit: Besides, if we were going down you wouldn't be here. I even expect to see nanobrain around the $800 mark.

[nioc]

http://www.afr.com/technology/bitcoin-available-over-the-counter-at-a-newsagency-near-you-20160526-gp52ka

"A 4 per cent fee applies to transactions with a minimum trade at $50."

At current prices this is an extra $23/btc.  This is the fee I incurred today using cash   I was paying 1% last month when I loaded up @ ~$450

[fichtn12345]

Edit: Fudge! Porkchops beat me to it!

I win. Again!

This seems to assume that you are travelling to the moon via rocket and not some other means, such as a train, or simply referring to your orientation.

Wut? There's no down in space

[Mark1003]

Well for mine its not. Lets just base on the tide. When there is full moon, the tide is low. But when there's no moon. Its high tide. means there is a force where the moon is.

[BlindMayorBitcorn]

Porkchop and the Fatman out nerding eachother. This is what I like to see. Now talk about stereo cables.

[yefi]

You're mistaken.  Sure, only up 1.37 % in the past 24 hrs, but taking into consideration the fact that ETH price has increased MORE THAN TENFOLD!!!1 in 2016 alone, I consider that a minor setback

[DonQuijote]

Bitcoin Block Reward Halving Countdown:
Only 36 more days!

Aaare you ready?

[GreekGeek]

You're mistaken.  Sure, only up 1.37 % in the past 24 hrs, but taking into consideration the fact that ETH price has increased MORE THAN TENFOLD!!!1 in 2016 alone, I consider that a minor setback

LoL +1

[DonQuijote]

BTC is still was the anchor for Alts such as Eth and so on...

Fixed.
Many exchanges have USD/ETH pairs. Can't rest on your laurels when others are busy shifting paradigms. That which isn't busy disrupting outmoded legacy finance... why, it's busy dying!

(but it's all right, Ma )

well this is true, however Eth is not going up at he moment either...... as BTC rises Eth has dropped... so....  

You're mistaken.  Sure, only up 1.37 % in the past 24 hrs, but taking into consideration the fact that ETH price has increased MORE THAN TENFOLD!!!1 in 2016 alone, I consider that a minor setback

Do you think that eth is better than btc? (profitable)

[pariahbit]

You're mistaken.  Sure, only up 1.37 % in the past 24 hrs, but taking into consideration the fact that ETH price has increased MORE THAN TENFOLD!!!1 in 2016 alone, I consider that a minor setback

https://i.imgur.com/qjF6twv.png

This really is a bilious community venomous community poisonous community disgusting sperghole. No wonder Satoshi got sick of this shit and split.

@DonQuijote: It has been, it's getting better play in the media, people aren't actively trying to distance themselves from it, but profitable in the future?
Will give you a better tip: Don't take financial tips from Anons on the internet. Wait...

[BlindMayorBitcorn]

You're mistaken.  Sure, only up 1.37 % in the past 24 hrs, but taking into consideration the fact that ETH price has increased MORE THAN TENFOLD!!!1 in 2016 alone, I consider that a minor setback

LoL +1

His first altcoin could have bought us all fancy houses.

[GreekGeek]

Thanx for the drop guys bears

I am all in !
 now CCMF!

[img]trains, rockets, etc. [img] 

Frequently, it is a better practice to hold a small percentage of your total holdings in fiat.

While my BTC portfolio was in the red, I remained considerably hesitant to hold very high of a percentage in fiat.  I suppose that was largely because I was predicting and anticipating upward's price movement, and plus that seemed to be the more prudent practice.  Accordingly in about the past several months, I was mostly aspiring towards keeping my portfolio about 95% BTC and 5% fiat.

With price movements, my allocation tended to vary, and when BTC prices went up from $403 to $470 with barely any corrections, my allocation went from approximately 96% to about 92% BTC.  Thereafter, when the price corrected back down to about $435 on three occasions, I kind of ended up over doing the rebuying of BTC and my portfolio went to about 98% BTC  / 2% fiat.

Currently, because of a lot of the upwards price movement and some of the recent small corrections, I am a little bit unclear about my exact allocations, but I would estimate it to be around 93% BTC and 7% fiat.  In about the past week, I have been considering ways to attempt to reallocate over time in such a way that at least over the possible upcoming BTC price fluctuations, my BTC portfolio will largely remain between 85% and 95% - with a kind of target of 90%.   I think that I could probably manage keeping such  an allocation at least while BTC prices are anywhere between about $400 and $2,200.  If BTC prices go outside of that range any time in the near future, I will likely need to reconsider my thoughts about my allocation. 

Of course, each person is going to come to their own conclusions regarding how to allocate in accordance with their personal circumstances and view of the future BTC price direction (whether long-term or short-term).

DUDE ! I was 75% long when the price was  ~400 usd . I am expecting  the price to be 800 usd by the time halving occurs.  and I will hold even then....   My stop loss is very low (-40%) . I'm in for the long run (and drunk right now...) My guess is you would have the same attitude if you first bought @ 3 usd per bitcoin...    
NO PAIN , NO GAME (or gain in our case...)

[r0ach]

Quick question: What if the moon is on the opposite side of the planet from your current position? Does that mean that if something goes to the moon, it actually goes down?

Good job not buying before it went up.  Now you've turned into a peasant trying to beg for somebody to dump coins on you at a lower rate.  Even the most annoying bears in the world now like MatTheCat are saying it's going over $1200.

[JayJuanGee]

Thanx for the drop guys bears

I am all in !
 now CCMF!

[img]trains, rockets, etc. [img]  

Frequently, it is a better practice to hold a small percentage of your total holdings in fiat.

While my BTC portfolio was in the red, I remained considerably hesitant to hold very high of a percentage in fiat.  I suppose that was largely because I was predicting and anticipating upward's price movement, and plus that seemed to be the more prudent practice.  Accordingly in about the past several months, I was mostly aspiring towards keeping my portfolio about 95% BTC and 5% fiat.

With price movements, my allocation tended to vary, and when BTC prices went up from $403 to $470 with barely any corrections, my allocation went from approximately 96% to about 92% BTC.  Thereafter, when the price corrected back down to about $435 on three occasions, I kind of ended up over doing the rebuying of BTC and my portfolio went to about 98% BTC  / 2% fiat.

Currently, because of a lot of the upwards price movement and some of the recent small corrections, I am a little bit unclear about my exact allocations, but I would estimate it to be around 93% BTC and 7% fiat.  In about the past week, I have been considering ways to attempt to reallocate over time in such a way that at least over the possible upcoming BTC price fluctuations, my BTC portfolio will largely remain between 85% and 95% - with a kind of target of 90%.   I think that I could probably manage keeping such  an allocation at least while BTC prices are anywhere between about $400 and $2,200.  If BTC prices go outside of that range any time in the near future, I will likely need to reconsider my thoughts about my allocation.  

Of course, each person is going to come to their own conclusions regarding how to allocate in accordance with their personal circumstances and view of the future BTC price direction (whether long-term or short-term).

DUDE ! I was 75% long when the price was  ~400 usd . I am expecting  the price to be 800 usd by the time halving occurs.  and I will hold even then....   My stop loss is very low (-40%) . I'm in for the long run (and drunk right now...) My guess is you would have the same attitude if you first bought @ 3 usd per bitcoin...    
NO PAIN , NO GAME (or gain in our case...)

Yeah... sure...

Each of us needs to find an allocation comfort zone that works for his/her situation.  I am making a suggestions regarding means not to treat the investment as a gamble, but also to protect value for downside.  Also, I am not necessarily talking about your specific situation nor attempting to give advice because those are your decisions to make for yourself.

I agree that your framing of your portfolio would likely be different from someone else if your average cost per BTC is really low or close to zero as compared with someone who is either in the red or barely in the black.  

My personal portfolio is anywhere between 22% to 28% in profits depending on how to calculate the various holdings, as compared with the large majority of my time with bitcoin in which my holdings were largely in the red.  

Also, possibly age can also make a difference or if a persona is merely reinvesting profits as compared with attempts to continue to bring down his/her costs per BTC and/or to accumulate more BTC.

[nioc]

R0ACH ofc it's going to $1200, but when?

[Ted E. Bare]

Last chance to buy under 600?

[kehtolo]

Oh Yeah...

Green candle time again...

[BitUsher]

Do you think that eth is better than btc? (profitable)

The exchanges have already purchased their ETH tokens to front run to late investors. Eth will likely slowly capitulate assisted in part by the DAO selling off eth for fiat. None of this is surprising to those who have been around for some time.

Remember when Bitshares (now ranked 15th), and NXT (now ranked 19th) were going to supposedly takeover because they were superior, had more features, were faster, and represented Crypto 2.0?

Another premined ICO POS(eventually) alt.

What is going to overtake Ethereum for #2 in time ? I expect some corporate token backed by a larger company to demote ethereum with time. Think Paycoin 3.0, but with the backing of MSFT/IBM/Goog/Apple or some other bank or larger company. One of these may actually overtake Bitcoin . I won't touch it but being able to bootstrap to their extremely large client base could be very beneficial.