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

[JayJuanGee]

jbreher:  I don't know if you response adequately outlines what you actually would do in such a extreme downwardly volatile situation.  Are you suggesting that at certain price points you would stop buying, or do you just change the amounts and the increments?

Well, my standing buy orders go down pretty far, albeit not all the way down to zero. If faced with such a decision, i think I'd probably just sit and wait for the price to come back up to me. But I might be tempted to buy more. Hmm'm...
 

Let's talk real world numbers and the extent of your plan past 70% down...

OK, I'll come clean. The price fell below the bottom of my system in recent memory, when my bottom buy executed at $6750 (though I have another range of orders below that-- after a gap -- as well). I waited it out. I didn't need to wait very long. If it dragged on, I may have re strategized.

You may have seen my posts on the topic previously, and in September 2017, my preset buy orders were only set down for a 50% price correction, which almost happened in mid-september when price corrected 40% from $4,980 down to $2,970.  I could have bought down quite a bit further with some juggling around of money that was not on exchanges, so I attempted to learn a lesson from that and I attempted to keep my preset buy orders set down to $3k, which ended up being a 85% correction and thereafter I would go to manual mode.  Some of my presetting of orders has messed up recently and it only goes down to $4k partly because of my attempt to use some money on other exchanges to balance my lack of access to my coinbase situation (hopefully temporary). 

I have preset money to go down to below $1k, but really I was thinking that I could just spend some of that money rather than keeping it ear-tagged for bitcoin, because there seems to be little likelihood for any correction below 85% this time around, and even less likely for a greater than 95% price correction (using $19,666 as the starting price reference point). 

[Rsiyz]

The U.S. and Israel are also always shocked, when any sovereign country that they have illegally and militarily invaded fights back. I think the U.S. is believing its own lies. The pitch they always give the American people is the myth that they are this powerful, strategic military that their "enemies" fear and that they win every battle. In fact they are incompetent buffoons who have not won a war since Vietnam. So much so that they actually claimed credit that it was the U.S. not Russia, that destroyed ISIS in Syria. Pretty pathetic. Their constant underestimation and condescension toward Russia comes from as you said their "inability to see the woods for the trees."

After the fall of the Soviet Union the U.S. thought that they were the only super power and they still think that, but Putin is not Yeltsin and as much as their lies and propaganda want you to believe as the American people do, that Russia still operates as the Soviet Union, the reality is that Russia is now operating as Russia an independent, sovereign country where Putin and Lavrov have to handle the U.S.A. as if their dealing with a child having a tantrum.


 

[Deeyoh]

Come on 5 digits   I'm rooting for ya.

[Deeyoh]

That was quick.. busted through on Coinbase already

[PaivanTreidi]

10                                               

[soullyG]

$10k baby!

[HI-TEC99]

[Bitcoinaire]

$10,000 feels good.

[Elwar]

....aaaaannnnnddd.....we're back

[Dakustaking76]

Were of to go chooo choooooo motherfuckaaaaaa

[BTCMILLIONAIRE]

Is it weeeee o' clock yet?

[jojo69]

ding ding ding ding ding ding ding ding

[Spaceman_Spiff_Original]

Sheeet, this thing just keeps on going...

[Rsiyz]

Spot on- Your excerpt "Another point is that even a 'low yield' nuke attack on a battlefield will elicit a full scale response, that's a given. Suffice it to say that any hope the US has of taking on Russia and China will only accomplish one of two things. The first is ending not only the US existence on the planet, but that of all mankind. "

I don't think America thought through carefully that by using low-yield nukes Russia wouldn't respond with low-yield but high yield nukes to go for the kill once and for all.The analogy is like
how the Palestinians in the early stages of the their political and arm struggle against the Israeli use stones hurled at the Israeli soldiers while they used fighters and rifles to kill and bomb them but not with stones which are the lighter weapons.

do it now

[Toxic2040]

$10,162.51<=moon   Is that specific enough?    

If we breach id have to say 13kish will be the next stop, keep those stops tight.

[Spaceman_Spiff_Original]

We need a wordy man meme....

I lolled.  By the way, elegantly designed logo/avatar suchmoon.

[hisslyness]

At what price will FOMO kick in?

[infofront]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

he wasn't?

I'm not sure of anything anymore. 

[BTCMILLIONAIRE]

At what price will FOMO kick in?

Somewhere close to the last ATH I'd assume, by MSM starting another hype cycle once steam has run for natural climbs.

[JimboToronto]

Good morning Bitcoinland.

Nice to be back in 5 digits... currently $10030USD/$12563CAD (Bitcoinaverage).

Now we have to keep moving up and make  $10k the new support.

4 digits were a great buying opportunity but it's time to move on.

Go Bitcoin go.