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

[patronis]

We were in the 300's not too long ago, this dump shouldn't bother people too much. The price will rise again significantly after the halving.

Remember you haven't lost anything if you're HODLING.

A week ago I din't think the price would break $700. It's $664 on Bitfinex, which isn't much different to a week ago. The price can't endlessly rise without some corrections, and that's all this is.

well at least the price is settling where we mostly expected it to settle. I'm sure we will an upswing again soon.

[Torque]

I wonder where the bottom is..

I managed quite spectacularly to disappear 10 btc earlier by selling at the exact bottom and buying in higher. Time to sit this out for bit.

Oh man, I know how you feel.  Lost many btc in that head fake bear trap back in Nov.  But then made up for it by rebuying around 450.  I also just bought some more trying to catch this falling knife at 660.  We'll see if it holds.

My goal has always been to gain more btc over time, not reduce them.  That bear trap back in Nov really taught me something: when in doubt, do nothing (aka just Hodl).

[rjclarke2000]

The Socialist People's Republic of China ... just censored me!!!  



I just found out today! .. An interesting & important thing!!!!


*Listen:     To become a CEO/owner in China of an enterprise with global implications, you need to be a full member of the communist party!




*Edit: Meaning that the Chinese Government is 100% in cahoots with bitcoin and the control of the price and profit!


Imagine now if something happens to the Global Economy, China can devalue their currency by pumping BTCitcoin, without devaluing their currency against the other major global currencies!

[Mind Blown]

Sounds good but I'll be damned if I know what you mean or whether this is even partially true.

Does this mean we will all be rich soon?

Tell them to hurry up and pump it. I was loving the pump.

[Andre#]

That bear trap back in Nov really taught me something: when in doubt, do nothing (aka just Hodl).

How often I said this  to myself today...

[JayJuanGee]

I wonder where the bottom is..

I managed quite spectacularly to disappear 10 btc earlier by selling at the exact bottom and buying in higher. Time to sit this out for bit.

hahahahahaha


Not to laugh at the losses of others, but it does make me feel a bit better to see that my fuck up was not as large as yours.

I ended up screwing away about .1193561 BTC in one trade when I sold and then I got nervous about the price movement and bought back prematurely.

That trade action also caused me to have to reconsider when I am getting back in and how much to trade on each end... which really causes a considerable range in which I could not trade in order to make up for the loss..

In essence, the mistake causes me to self impose a kind of sitting it out until the price comes to me, which could take a while, but given the volatility, the matter of my inaction could be resolved a lot more quickly than expected..

  ... and that is fine because sometimes it is just time to take a bit of a break and to reassess the BIG picture of where we are at.

In the past couple of years, I have made a couple of mistakes that resulted in losing more than 1 bitcoin in the trade or the series of trades, and with those experiences, I think that I am going to learn.. but it remains really difficult to get caught up in the spur of the moment (especially when the price is moving around so quickly). and surely, sometimes, a bad trade could be conceptualized as a hedge as long as the trader keeps the position open; however, as soon as the trader closes the position, the loss is locked in, and a considerable amount of imagination may be needed in order to consider such trade as anything other than a loss (a learning experience may be amongst the better spins to make of it?).

[inca]

I wonder where the bottom is..

I managed quite spectacularly to disappear 10 btc earlier by selling at the exact bottom and buying in higher. Time to sit this out for bit.

Oh man, I know how you feel.  Lost many btc in that head fake bear trap back in Nov.  But then made up for it by rebuying around 450.  I also just bought some more trying to catch this falling knife at 660.  We'll see if it holds.

My goal has always been to gain more btc over time, not reduce them.  That bear trap back in Nov really taught me something: when in doubt, do nothing (aka just Hodl).

Yes. Amazing how easy it is to trade away those gains by churning your account or mistiming entry and exits. Oh well.

[savetherainforest]

The Socialist People's Republic of China ... just censored me!!!  



I just found out today! .. An interesting & important thing!!!!


*Listen:     To become a CEO/owner in China of an enterprise with global implications, you need to be a full member of the communist party!




*Edit: Meaning that the Chinese Government is 100% in cahoots with bitcoin and the control of the price and profit!


Imagine now if something happens to the Global Economy, China can devalue their currency by pumping BTCitcoin, without devaluing their currency against the other major global currencies!

[Mind Blown]

Sounds good but I'll be damned if I know what you mean or whether this is even partially true.

Does this mean we will all be rich soon?

Tell them to hurry up and pump it. I was loving the pump.

Yes ... I speculate that they will not let their investors / buddies to lose money by investing in BTCitcoin, and they can also use BTCitcoin, as a safe haven from a global economic collapse ... So assuming they pump 20% of their total currency in the China exchanges ... That money does not leave China! >>> My point being... The Yuan does not devalue against the other major global currencies: Dollar, Euro, Pound, IMF "Pixie Dust", Gold, Silver, ...etc.

[JimboToronto]

I always thought you were  in your 30s Jimbo!

LOL Thanx.

Actually I'm proud to have been born in the 1940s. I missed the depression and World War II but got to witness some of the greatest technological advances of the late 20th century.

I got to see horses on the streets of Toronto delivering coal, bread, milk and blocks of ice. Our neighbors across the street in the Beaches neighborhood had pet horses. You could still drink out of most lakes and rivers and most people didn't lock their doors. I also saw Toronto's first subway open, listened to Sputnik beep, and watched Neil Armstrong step on the moon.

I got to see my first computer, an IBM650 with revolving drum memory and vacuum tube logic circuits (running fortran, cobol and algol) in 1960, and then visited the Artificial Intelligence Center at Stanford University in 1968. I watched computer networking go from BBSs on my TRS-80 (400 baud modem!) to today's internet of P2P networks, the cloud, and antisocial networking like Fussbook and Twit-ter.

Now I'm looking forward to the merging of stemcell research, genetic engineering and nanotechnology. Hopefully that'll buy me a few more years to enjoy the benefits of my Bitcoin stash and other investments.

Isn't life great?

[rjclarke2000]

I always thought you were  in your 30s Jimbo!

LOL Thanx.

Actually I'm proud to have been born in the 1940s. I missed the depression and World War II but got to witness some of the greatest technological advances of the late 20th century.

I got to see horses on the streets of Toronto delivering coal, bread, milk and blocks of ice. Our neighbors across the street in the Beaches neighborhood had pet horses. You could still drink out of most lakes and rivers and most people didn't lock their doors. I also saw Toronto's first subway open, listened to Sputnik beep, and watched Neil Armstrong step on the moon.

I got to see my first computer, an IBM650 with revolving drum memory and vacuum tube logic circuits (running fortran, cobol and algol) in 1960, and then visited the Artificial Intelligence Center at Stanford University in 1968. I watched computer networking go from BBSs on my TRS-80 (400 baud modem!) to today's internet of P2P networks, the cloud, and antisocial networking like Fussbook and Twit-ter.

Now I'm looking forward to the merging of stemcell research, genetic engineering and nanotechnology. Hopefully that'll buy me a few more years to enjoy the benefits of my Bitcoin stash and other investments.

Isn't life great?

I remember telling your over 2 years back I was in Toronto on holiday with my wife. I loved it there! Horses delivering coal etc? That's incredible. Way too busy to do anything like that now!

[rjclarke2000]

I always thought you were  in your 30s Jimbo!

LOL Thanx.

Actually I'm proud to have been born in the 1940s. I missed the depression and World War II but got to witness some of the greatest technological advances of the late 20th century.

I got to see horses on the streets of Toronto delivering coal, bread, milk and blocks of ice. Our neighbors across the street in the Beaches neighborhood had pet horses. You could still drink out of most lakes and rivers and most people didn't lock their doors. I also saw Toronto's first subway open, listened to Sputnik beep, and watched Neil Armstrong step on the moon.

I got to see my first computer, an IBM650 with revolving drum memory and vacuum tube logic circuits (running fortran, cobol and algol) in 1960, and then visited the Artificial Intelligence Center at Stanford University in 1968. I watched computer networking go from BBSs on my TRS-80 (400 baud modem!) to today's internet of P2P networks, the cloud, and antisocial networking like Fussbook and Twit-ter.

Now I'm looking forward to the merging of stemcell research, genetic engineering and nanotechnology. Hopefully that'll buy me a few more years to enjoy the benefits of my Bitcoin stash and other investments.

Isn't life great?

I remember telling your over 2 years back I was in Toronto on holiday with my wife. I loved it there! Horses delivering coal etc? That's incredible. Way too busy to do anything like that now!

Ps. You could use your bitcoins to maybe cryogenically freeze your body so you can be brought back in the year 2140 to mine the final Bitcoin and be a celebrity.

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 18 more days!

Reward drop ETA: Sat, 9 Jul 2016 21:56:29 GMT

[JimboToronto]

I always appreciate the wisdom, memories and the history of the elderly! Respect!

But being in the same circle of influence & proximity in this forum, I feel obliged to tell you that I'm in my 20's and I haven't took antibiotics for the past 3-4 years! I use a thing called Resveratrol, that extends life expectancy! ... It is made from a stilbenoid compound extracted from grape seeds. And also I recommend you to research about the effects of drinking more liquids and what effects they have on your body! Also, depending on how much you exercise regarding those pills, first I recommend purifying your body and even if your start the rejuvenation treatment, by drinking artichoke tea each morning. (that helped me eat less, I eat once per day, it helped me lose weight and I sleep better and feel less tired!)

I speculate this will improve your life expectancy! ... and Respect again! (for the share!)

Thanks for the kind words.

I get my resveratrol by having a small glass or 2 of dry red wine with my dinner almost every day. I also drink lots of liquids.

I lost weight, sleep better, have more energy and lowered my blood sugar, cholesterol and blood pressure simply by drastically reducing my starch and sugar intake and consuming more fiber. My diet consists primarily of meat, poultry, fish, cheese, nuts, roots, vegetables, fruits and salads, all either raw or barely cooked and with the skins left on.

Most important though is the mental aspect of health. If a hypochondriac can make himself ill with the sheer power of his own mind, we hyperchondriacs can make ourselves well.

Gotta go. If I'm gonna buy some more Bitcoin on my way to the ballpark, I'd better start walking now.

[savetherainforest]

I always appreciate the wisdom, memories and the history of the elderly! Respect!

But being in the same circle of influence & proximity in this forum, I feel obliged to tell you that I'm in my 20's and I haven't took antibiotics for the past 3-4 years! I use a thing called Resveratrol, that extends life expectancy! ... It is made from a stilbenoid compound extracted from grape seeds. And also I recommend you to research about the effects of drinking more liquids and what effects they have on your body! Also, depending on how much you exercise regarding those pills, first I recommend purifying your body and even if your start the rejuvenation treatment, by drinking artichoke tea each morning. (that helped me eat less, I eat once per day, it helped me lose weight and I sleep better and feel less tired!)

I speculate this will improve your life expectancy! ... and Respect again! (for the share!)

Thanks for the kind words.

I get my resveratrol by having a small glass or 2 of dry red wine with my dinner almost every day. I also drink lots of liquids.

I lost weight, sleep better, have more energy and lowered my blood sugar, cholesterol and blood pressure simply by drastically reducing my starch and sugar intake and consuming more fiber. My diet consists primarily of meat, poultry, fish, cheese, nuts, roots, vegetables, fruits and salads, all either raw or barely cooked and with the skins left on.

Most important though is the mental aspect of health. If a hypochondriac can make himself ill with the sheer power of his own mind, we hyperchondriacs can make ourselves well.

Gotta go. If I'm gonna buy some more Bitcoin on my way to the ballpark, I'd better start walking now.

About your diet... try to take a step away from low potent foods in calories or energy intake efficiency! ... Basically there was an example of 1 kilogram of lettuce vs. 1 spoon of peanut butter, that had the same amount of potency but different quantities! ... The bigger the quantity, the bigger the effort of your body to process things. And also when u'r hungry, drink liquids first and it might go away... but if u'r still hungry, then it means u'r actually hungry. And I don't really do excessive effort and that is why I eat mostly once per day and very little, probably if I would do more effort I would have different requirements... but the reason I'm telling you this is that there are days when I almost don't eat at all, I maybe have my tea, 1-2 beers and a few tea spoons of some cocoa powder cream or some plant raw seeds made in to a cream, like peanut butter, sunflower butter, walnut butter, hazelnut butter or hemp butter. And I avoid solid things or meats that are hard to digest and stay away from them like from radioactive materials! Cheers!

[Ted E. Bare]

Time to blow up the shorters again. See ya at 700+.

[sirazimuth]

I always thought you were  in your 30s Jimbo!

LOL Thanx.

Actually I'm proud to have been born in the 1940s. I missed the depression and World War II but got to witness some of the greatest technological advances of the late 20th century.

I got to see horses on the streets of Toronto delivering coal, bread, milk and blocks of ice. Our neighbors across the street in the Beaches neighborhood had pet horses. You could still drink out of most lakes and rivers and most people didn't lock their doors. I also saw Toronto's first subway open, listened to Sputnik beep, and watched Neil Armstrong step on the moon.

I got to see my first computer, an IBM650 with revolving drum memory and vacuum tube logic circuits (running fortran, cobol and algol) in 1960, and then visited the Artificial Intelligence Center at Stanford University in 1968. I watched computer networking go from BBSs on my TRS-80 (400 baud modem!) to today's internet of P2P networks, the cloud, and antisocial networking like Fussbook and Twit-ter.

Now I'm looking forward to the merging of stemcell research, genetic engineering and nanotechnology. Hopefully that'll buy me a few more years to enjoy the benefits of my Bitcoin stash and other investments.

Isn't life great?

right behind you my friend.
born in the 50's and like you, hopfully will enjoy (or my 8 year old daughter will)the benefits of my bitcoin stash.
agreed, life is great,  thanx for your post. made my day. 

[JayJuanGee]

I always appreciate the wisdom, memories and the history of the elderly! Respect!

But being in the same circle of influence & proximity in this forum, I feel obliged to tell you that I'm in my 20's and I haven't took antibiotics for the past 3-4 years! I use a thing called Resveratrol, that extends life expectancy! ... It is made from a stilbenoid compound extracted from grape seeds. And also I recommend you to research about the effects of drinking more liquids and what effects they have on your body! Also, depending on how much you exercise regarding those pills, first I recommend purifying your body and even if your start the rejuvenation treatment, by drinking artichoke tea each morning. (that helped me eat less, I eat once per day, it helped me lose weight and I sleep better and feel less tired!)

I speculate this will improve your life expectancy! ... and Respect again! (for the share!)

Thanks for the kind words.

I get my resveratrol by having a small glass or 2 of dry red wine with my dinner almost every day. I also drink lots of liquids.

I lost weight, sleep better, have more energy and lowered my blood sugar, cholesterol and blood pressure simply by drastically reducing my starch and sugar intake and consuming more fiber. My diet consists primarily of meat, poultry, fish, cheese, nuts, roots, vegetables, fruits and salads, all either raw or barely cooked and with the skins left on.

Most important though is the mental aspect of health. If a hypochondriac can make himself ill with the sheer power of his own mind, we hyperchondriacs can make ourselves well.

Gotta go. If I'm gonna buy some more Bitcoin on my way to the ballpark, I'd better start walking now.

About your diet... try to take a step away from low potent foods in calories or energy intake efficiency! ... Basically there was an example of 1 kilogram of lettuce vs. 1 spoon of peanut butter, that had the same amount of potency but different quantities! ... The bigger the quantity, the bigger the effort of your body to process things. And also when u'r hungry, drink liquids first and it might go away... but if u'r still hungry, then it means u'r actually hungry. And I don't really do excessive effort and that is why I eat mostly once per day and very little, probably if I would do more effort I would have different requirements... but the reason I'm telling you this is that there are days when I almost don't eat at all, I maybe have my tea, 1-2 beers and a few tea spoons of some cocoa powder cream or some plant raw seeds made in to a cream, like peanut butter, sunflower butter, walnut butter, hazelnut butter or hemp butter. And I avoid solid things or meats that are hard to digest and stay away from them like from radioactive materials! Cheers!

If you are giving a kind of advice to JimboToronto based on what he said, are you suggesting that you are of a similar age as him, because sleep, diet and exercise tend to be somewhat age specific in terms of how tolerant your body may be towards abuses.  so for example, as you are younger, you may be able to get away with all kinds of shit, and suggest that what you do is the mecca of healthy living; however, as you age, your body may become less tolerant of some past abuses, and there may be a way of figuring some levels of moderation that are in a guy's reaction to such behaviors. 

JimboToronto already described his state of health as kind of "fit," yet you are suggesting specific things that he should do that may not even apply to him, unless you have a similar fitness profile as he does, no?

[JayJuanGee]

I always thought you were  in your 30s Jimbo!

LOL Thanx.

Actually I'm proud to have been born in the 1940s. I missed the depression and World War II but got to witness some of the greatest technological advances of the late 20th century.

I got to see horses on the streets of Toronto delivering coal, bread, milk and blocks of ice. Our neighbors across the street in the Beaches neighborhood had pet horses. You could still drink out of most lakes and rivers and most people didn't lock their doors. I also saw Toronto's first subway open, listened to Sputnik beep, and watched Neil Armstrong step on the moon.

I got to see my first computer, an IBM650 with revolving drum memory and vacuum tube logic circuits (running fortran, cobol and algol) in 1960, and then visited the Artificial Intelligence Center at Stanford University in 1968. I watched computer networking go from BBSs on my TRS-80 (400 baud modem!) to today's internet of P2P networks, the cloud, and antisocial networking like Fussbook and Twit-ter.

Now I'm looking forward to the merging of stemcell research, genetic engineering and nanotechnology. Hopefully that'll buy me a few more years to enjoy the benefits of my Bitcoin stash and other investments.

Isn't life great?

right behind you my friend.
born in the 50's and like you, hopfully will enjoy (or my 8 year old daughter will)the benefits of my bitcoin stash.
agreed, life is great,  thanx for your post. made my day. 

What kinds of measures have either of you taken to pass along your coins?  Are you leaving the passwords in a safe or something like that?  I am not trying to get too much into your privacy, but some of this can be a little bit complicated.

I have some kind of system in which I have left a large number of my passwords on sheets of papers and certain trusted people have access to those papers, but it is not too likely that they would attempt to access those papers or location unless I was extremely disabled or dead.  But I remain somewhat concerned about my system, too because sometimes I should attempt to update passwords and accounts in case something unexpected happens to me and I want my next of kin to receive the accumulated value.

[savetherainforest]

JimboToronto already described his state of health as kind of "fit," yet you are suggesting specific things that he should do that may not even apply to him, unless you have a similar fitness profile as he does, no?

No! ... What I said is that some kind of foods will have a less productivity usefulness! ... Like using jet fuel for your Honda or "Medieval Car", compared to using jet fuel for a jet than olive oil as jet fuel.

For example lettuce needs more saliva to be processed and absorbed ... basically the square surface of the same calories that lettuce has versus a table spoon of peanut butter will be needing 10x more times saliva and gastric acid fluids than the other one. Also the increased acidity is notorious as well since an alkaline state of your body is ideal for preventing diseases and degradation and acidic state promotes degradation rather than conservation.

But I gave examples, because it is not recommended to eat things that your ancestors did not. For example for me it happens that I know what my grandparents and great grand parents ate and from what genetic pool of those vegetables and I still have the seeds from the same genetic lineage genetic pool from 100 years ago. So basically I can digest and absorb more efficiently those foods because I have a history of endurance and adaptation with those molecular structures.

As an example for dogs it is very toxic and even lethal to give them chocolate. Or some people from one side of the world can't digest milk and some can't digest chocolate properly! Because they do not have a genetic precursor adapted to those mechanics!

So for example one of my foods is a type of beans and some other vegetables that don't require me huge quantities even if they might be hard to digest for some people from other sides of the world because they did not had a solid experience and encounter during their ancestors existence! 

[nioc]

What kinds of measures have either of you taken to pass along your coins?  Are you leaving the passwords in a safe or something like that?  I am not trying to get too much into your privacy, but some of this can be a little bit complicated.

I have some kind of system in which I have left a large number of my passwords on sheets of papers and certain trusted people have access to those papers, but it is not too likely that they would attempt to access those papers or location unless I was extremely disabled or dead.  But I remain somewhat concerned about my system, too because sometimes I should attempt to update passwords and accounts in case something unexpected happens to me and I want my next of kin to receive the accumulated value.

I try my best to keep my info updated.  That info is in 3 different undisclosed locations that a few people have access to.  I can place my life in their hands.  I have absolutely no concerns even if the worth of my stash becomes too large to count.

I have been given till the end of this year to clarify the distribution of my assets.

[Ted E. Bare]

In this topic we speculate about nutrition.