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

[Meuh6879]

In contrast, it is no easier to hold crypto derivatives than it is to hold the crypto itself (i.e. the private keys). As such, absolutely no incentive for owners to accept a derivative IOU in lieu of the real thing.

And it's good.
Because stock action owning is a Fraud.



They can loan stock action to multiple ... buyers.

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[BlindMayorBitcorn]

Who sold at the bottom?

Lmao, I wonder how many traders got rekt in the last couple weeks. This is gold. Anyway how many of you guys are still alive? Bear you there?

I don't see how traders could get rekt. Sell at the top, buy at the bottom. Pit pat piffy. There's no trick to it.

[Torque]

The Guy Who Called Bitcoin a Bubble Now Wants to Help You Store It
https://www.bloomberg.com/news/articles/2017-09-29/the-guy-who-sold-10-million-bitcoin-wants-to-help-you-store-it

“For the industry to succeed, it needs to be regulated, and once it is, prices won’t go up like this anymore,” Sebag said in an interview.

it needs to be regulated, and once it is, prices won’t go up like this anymore

once it is, prices won’t go up like this anymore

[jojo69]

oh...that is rich

[BlindMayorBitcorn]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

[notme]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Pick a small % (somewhere between 5 and 20%) and a starting price.  Every time price doubles from your starting price, sell your chosen percent.  Use a spreadsheet to pick the percent that gives you a mix of fiat and btc you can live with, assuming the wildest valuation you can think of, then stick with it.  If you have spare fiat, buy a fixed $ (or euro, or whatever) amount every week.  Then relax and enjoy the ride.

[BlindMayorBitcorn]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Pick a small % (somewhere between 5 and 20%) and a starting price.  Every time price doubles from your starting price, sell your chosen percent.  Use a spreadsheet to pick the percent that gives you a mix of fiat and btc you can live with, assuming the wildest valuation you can think of, then stick with it.  If you have spare fiat, buy a fixed $ (or euro, or whatever) amount every week.  Then relax and enjoy the ride.

Food for thought. Thanks.

[explorer]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Pick a small % (somewhere between 5 and 20%) and a starting price.  Every time price doubles from your starting price, sell your chosen percent.  Use a spreadsheet to pick the percent that gives you a mix of fiat and btc you can live with, assuming the wildest valuation you can think of, then stick with it.  If you have spare fiat, buy a fixed $ (or euro, or whatever) amount every week.  Then relax and enjoy the ride.

Food for thought. Thanks.

http://xzist.org/amazing-bitcoin-retirement-fund-calculator/

http://bitcoinsavingsplan.com/

[Punisher1314]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Pick a small % (somewhere between 5 and 20%) and a starting price.  Every time price doubles from your starting price, sell your chosen percent.  Use a spreadsheet to pick the percent that gives you a mix of fiat and btc you can live with, assuming the wildest valuation you can think of, then stick with it.  If you have spare fiat, buy a fixed $ (or euro, or whatever) amount every week.  Then relax and enjoy the ride.

Is an awesome choice. Well, that is what i do lol.

Besides that, I put an stop sell limit order of a small amount on that point (5% of my total stack, i dont like to be greedy) when the price doubles from the buy, and then i try to predict when to sell it. If I could sell before price went down filling the limit order, then try to buy the dip . I take the profits in btc or fiat, then i put another time the sell order at the same point when possible. And repeat the game

[jojo69]

http://xzist.org/amazing-bitcoin-retirement-fund-calculator/

AWW YISS!!!

[BlindMayorBitcorn]

I guess I'm alone in thinking these projections are wildly optimistic. Am I?

[yermom]

I guess I'm alone in thinking these projections are wildly optimistic. Am I?

Well, the ascending triangle broke up on daily chart two days ago.
Smaller triangles are completing too...

If not up, bitcoin is dead 

[jojo69]

I guess I'm alone in thinking these projections are wildly optimistic. Am I?

I hit my personal goals in 6 more doublings at a 10% rake,  I've already been through more doublings than that so, while optimistic, it does not seem "wildly" so.

[BlindMayorBitcorn]

I guess I'm alone in thinking these projections are wildly optimistic. Am I?

I hit my personal goals in 6 more doublings at a 10% rake,  I've already been through more doublings than that so, while optimistic, it does not seem "wildly" so.

I hear you. But the landscape is changing. With all these forks there's an insidious kind of inflation happening. Bitcoincash, Bitcoingold...and now the big guns with Segwit2x. Doesn't that skew the math a bit in your mind?

[jojo69]

meh, these attacks aren't even blips on my radar

[rjclarke2000]

I'm bullish but in the back of my mind I have the same thoughts as BMB. Also the same thoughts on whether I'm a forever hodler and will die hodling.

[steelboy]

Price just moved $50 TO 4270 in about 2 minutes. Will we see it break this last little resistance before 4300?

[steelboy]

I'm bullish but in the back of my mind I have the same thoughts as BMB. Also the same thoughts on whether I'm a forever hodler and will die hodling.

Surely some? I can not imagine a situation where I have 0 BTC

[rjclarke2000]

I'm bullish but in the back of my mind I have the same thoughts as BMB. Also the same thoughts on whether I'm a forever hodler and will die hodling.

Surely some? I can not imagine a situation where I have 0 BTC

Exactly this.

[BlindMayorBitcorn]

The boatman on the river Styx now accepts Bitcoin.