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

[TERA2]

1000 wall flashed on finex for 5 seconds and hid.

[NiceSoft12]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

[JayJuanGee]

I'm not here to argue because we know where the score falls. Those who have comitted to lying will continue. Those deceived by those lies will continue to believe them. And the reality will continue to be true.

Bitcointalk is a censored cesspool of deception and countries are actively seeking to ban such discussion forums.

Peace Out Fuckers

What a fucking delusional wishful thinker you are, along with your other BIG blocker nutjobs.   

Wishing for censorship, so talk about censorship all the time (as if talking about it is gonna make it true), and the reality is that only a small minority of your off-topic and quasi-irrelevant posts get deleted.

In other words, you and your other BIG blocker nutjobs get way too much press and attention for your misinformation spreading.

[Dakustaking76]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

Lol How many forks were gonne have then?

[criptix]

Please stop sucking out btc from noobs with worthless forks kthxbye.




Whatever you guys do stop taking loans.

[DaRude]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

Which fork are we talking about now? It seems they keep forking faster than i can sell them.

[NiceSoft12]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

Which fork are we talking about now? It seems they keep forking faster than i can sell them.

Dec 28

https://cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder

I predict a spectacular crash after the fork!

[JayJuanGee]

That's the beauty of Bitcoin. You buy the dips and you profit. No need to sell.

In fact, what's great about Bitcoin is that you just buy anytime you like, and you profit. No need to sell.

One magic word: HoDL.

But where is the money to buy dips if you are always all in btc and dont trust exchanges? It is contradictory.

I'm employed and well-paid. It's money I earn. I guess many here do the same. No contradiction. The exchanges are only used to buy BTC, never (or rarely) to sell. Well, OK, we do sell shitcoins like Bcash.

Sounds like guys are just playing into Tera Beara's little generalization game.

Of course, not everyone is the same, and some people sell BTC on the way up and some people sell greater amounts than others.

I sell about 1% for every 10% rise, but you could sell a whole hell of a lot less and still generate some money for buying dips.

Have you realized BTC had reached about 78x the $250 price that it was in October 2015. 


WHAOAZA!!!!

[TERA2]

Did you really just say that the $200bn market is moving because of my posts?

Is anyone going to give me credit for calling the 16000 top 3 days in advance?

[Arriemoller]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

Which fork are we talking about now? It seems they keep forking faster than i can sell them.

Dec 28

https://cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder

I predict a spectacular crash after the fork!

Why, and what makes that fork different then all the other forks thats forking just around now.

[JayJuanGee]

My orders that I dont go to bed without:
1. Just above 8000
2. Just above 5500
3. Just above 1000, 100 and 10 (in case of a wierd exchange liquidation wipeout)

Of course, Tera Bera is not a bear.

She is as bullish as any normal bitcoiner, and preparing (should I say wishing) for both directions.

[TERA2]

If I was a real bear, I wouldn't have those buy orders and I'd just leave for a different market. The faith that btc will inevitably bounce after hitting those lows and the fact that I will hodl half of those coins indefinitely makes me part bull - Just not an irrationally exuberant one. You guys need me when the shit hits the fan.

[NiceSoft12]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

Which fork are we talking about now? It seems they keep forking faster than i can sell them.

Dec 28

https://cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder

I predict a spectacular crash after the fork!

Why, and what makes that fork different then all the other forks thats forking just around now.

I did not know there were that many forks, wow! Where does one trade all these new coins lol?

[AlcoHoDL]

[ ... ]

Yes, those are 14 great tweets that can provide some grounding, and assistance to folks who have already accumulated a decent stash of bitcoin, and also to consider that cashing out a decent amount of profits can be decent for protecting from the possible downside and even diversification of some profits can also be provide additional grounding.

[ ... ]

JJG, just out of pure curiosity, can you quantify the highlighted phrase?

I cannot really quantify - because "a decent stash of bitcoin" remains a very relative term based on someone's own financial situation.

For example, let's say that you had a very systematic plan in regards to your bitcoin, and within the past several years, you were able to invest in accordance with a systematic plan, that would be anywhere from 1% to 20% of the money that you have available for investments.  

We all recognize that if you were largely "in" bitcoin before 2016, then you would have witnessed a decent 78x BTC price appreciation from about $250 to $19,666.  Surely, if you did not sell very many of your coins, then your proportion of BTC as compared with other assets in the value of your funds is going to have become disproportionate in size, much beyond the percentage that you originally chose to invest.  So even a relatively small number of coins might have caused some disproportion in your risk allocation that would have become more skewed towards bitcoin  - for some folks small might be 1-10 btc, and others 10-40 btc, yet relatively speaking, the bitcoin value should be considered and whether you consider yourself to be disproportionately overly risky in terms of the weight of your bitcoins.

I understand that I probably did not answer this question very well, yet on a personal level, I have considered my choices to sell bitcoin all the way up the price rise at about 1% per every 10% rise in bitcoin has served me very well to remove a decent amount of fiat value from my bitcoin, and even though some may consider that I am overly allocated in bitcoin, which for me is probably currently somewhere between 70% and 80%; however that disproportionate allocation came from BTC price appreciation rather than my investing that much.  So, I am feeling really comfortable, even though I have a decently high proportion of my investments value in bitcoin - and I think that I am kind of covered in terms of several advice points of the 14 tweets based on my own goals and aspirations, my past practice and the fact that i have given decent consideration to my own allocation situation.  I will admit that several weeks ago, I had to do additional introspection because I had not really expected BTC prices to so easily go past $15k - at least not the first time around, and we are currently back struggling, a bit, with this $15k price point.

Many thanks JJG, for the thorough reply, which I enjoyed reading. I appreciate the time and effort you spent in composing it. Just for the record, I enjoy reading your posts, and don't mind at all that you "overanalyse" things, as you're frequently being accused of. I also tend to overanalyse things in real life, because I believe that more information is always helpful, even if it is sometimes redundant. To those who say "silence is gold", I reply "silence is death".

[NiceSoft12]

If I was a real bear, I wouldn't have those buy orders and I'd just leave for a different market. The faith that btc will inevitably bounce after hitting those lows and the fact that I will hodl half of those coins indefinitely makes me part bull - Just not an irrationally exuberant one. You guys need me when the shit hits the fan.

I'm the luckiest bear in the world. I seem to get pretty lucky because I'm not close to an expert in any field relating to bitcoin or analysis.

[Arriemoller]

^ lol, why is this guy trying to sell before the fork? It can't be as profitable to sell now than say Friday morning EST....

Which fork are we talking about now? It seems they keep forking faster than i can sell them.

Dec 28

https://cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder

I predict a spectacular crash after the fork!

Why, and what makes that fork different then all the other forks thats forking just around now.

I did not know there were that many forks, wow! Where does one trade all these new coins lol?

Well, Bitcoin Atom, Bitcoin Diamond, Bitcoin God (not a typo) and SW2X are all forking around now, and I'm sure others can fill in with some more..

[TERA2]

What will happen is once it reaches 8000 or 5500, suddenly everyone in the forum will be calling $1K and the death of bitcoin, but I will be there saying.. "no idiots were about have a bounce to $13K", and viola, suddenly I'm a bull.  Though as usual I'll be the person on the forum receiving the most flak.

[NiceSoft12]

Wow Bitcoin Pizza fork is coming up. This whole crypto currency thing will become the laughing stock of the world one day if these kinds of shenanigans continue!

How can people take Doggy coin seriously? and yet it's price has skyrocketed....

[TERA2]

I pumped Dogecoin, and it followed a historical TA pattern

[NiceSoft12]

I should get a group of investors to make a Bitcoin Donut fork!