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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21176876 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (24 posts by 13 users deleted.)
JayJuanGee
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May 05, 2018, 04:40:30 AM

Actually, it's tough to criticize you for those kinds of bear prognostications, and even if the prognostications are less strong than they were previously.  In any event, tera beara, it seems smart and prudent for anyone attempting to predict BTC price movements to modify their position based on changes in circumstances rather than sticking to an outlined set of waves that do not seem to be working out.

I dont need to modify my position.

I am not saying that you should modify your position, but rather I was asserting that you already had modified your position, which was my way of "being nice."  Not that we need much niceness on the interwebs.... hahahahaha

I already have more than enough coins for the long run.  I could have more coins but no way am I going to go through wiring money back to an exchange and jeapordizing my situation of not having to worry about employment (which was always my endgame and I dont need to be greedy).


I feel in a similar way about having a sufficient number of coins, but having a large number of coins does not stop me from attempting to play a longer term strategy and hopefully get to a maintenance situation.  Maybe I am considering my situation as a kind of game or a hobby?

Personally, I don't think that I jeopardize my own situation very much because I am largely just placing less than 20% of my total crypto value on exchanges, and that seems to be enough for me to play around with.  I find no need to play with larger amounts than that, and really there is a certain sense that I have that I have already pulled out the fiat value, and really I am largely playing around with house money... so maybe it is a kind of mental framework and even whether your strategy is long term sustainable... and maybe even the extent that you want to continue to monitor bitcoin.  I get some joy, in itself, just monitoring bitcoin, and having some of my value "in the system" provides more of a monitoring incentive that works for my own circumstances.

I am kind of already at the point that I don't have to worry about employment for income, too.. even though I currently (still) have a business that I am wrapping up at some point in this calendar year (and even if there still might be some work that is involved in the post "wrap up)...   But I am thinking that at some point, I might start to be able to draw from my BTC even though my current practice seems to be a kind of maintenance of BTC stage and a kind of accumulation of BTC that allows the already existing BTC value to continue to build value on itself, which I expect my portfolio to continue to do in the coming years based on the systems that I already have in place and that I will likely continue to tweak from time to time.
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May 05, 2018, 04:41:46 AM

wow, this ETH pump has some legs man
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May 05, 2018, 04:43:52 AM

JayJuanGee
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May 05, 2018, 04:44:46 AM

those are individual positions J

O.k.  So my description is otherwise correct?  just to say that each Rekt tweet represents an individual over $2million value of rekt?
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May 05, 2018, 04:56:03 AM
Merited by LFC_Bitcoin (1)

In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.

Even though your prediction is reasonable, you have to prepare for your prediction NOT to come true, and when you assert "never" 4 digits, except for "big disaster" you are too absolute in your view point.  Even if we break above $10k and stay up there, there are a lot of reasons that we may return below $10k... so even though I agree with your bullish assessment, you seem to be framing your perspective with too many absolutes and not allowing for the likely ongoing volatility of this BTC market, including to the downside for a variety of reasons.

Believe me, I am more benefitted by UP rather than DOWN, but I don't see how we can assume away down scenarios merely based on some TA mumbo jumbo - even if there are a lot of decent assumptions that should be built into the TA that includes the solidness of Bitcoin's fundamentals, there continues to be decent likelihoods for down scenarios, including scenarios in which various alts could assist in bringing BTC prices down for a considerable amount of time (before our next explosive bull run).

Sure, its all probabilities and predictions. No one know the future.

I just share my predictions with a strong bull energy. We need to spread the bull energy to make the bitcoin up more strong.

I tend to be bullish too, but I would rather attempt to stay grounded in reality and to prepare for either price direction.  I also don't see any need to propagate the bitcoin vision because I already recognize bitcoin as a better mouse trap that will attract the masses to buy it... even though it may take a considerable amount of time for the masses to jump onboard  - however, there is no need to rush it because the fundamentals are there and many of us will advantage by a more gradual raising of the price and the fact that there is disparate information.  those of us who know about bitcoin and who are investing into bitcoin early are going to advantage when the masses come on board, which may take a large number of years, and it does not do much good to exaggerate the UPSIDE scenario when both UPSIDE and DOWNSIDE is going to continue - with the UPSIDE likely prevailing (even while it could take a quite bit of time to unravel).
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May 05, 2018, 04:57:44 AM

those are individual positions J
O.k.  So my description is otherwise correct?  just to say that each Rekt tweet represents an individual over $2million value of rekt?

Yeah, each Tweet is an individual covering a short position.
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May 05, 2018, 05:02:09 AM

those are individual positions J
O.k.  So my description is otherwise correct?  just to say that each Rekt tweet represents an individual over $2million value of rekt?

Yeah, each Tweet is an individual covering a short position.

Do you know whether the cover of the short was voluntary or forced?  Or do those kinds of details matter because the important part is that the person was betting in the opposition and the amount of the cover (loss) is listed in the tweet?
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May 05, 2018, 05:03:39 AM

those are individual positions J

O.k.  So my description is otherwise correct?  just to say that each Rekt tweet represents an individual over $2million value of rekt?

I believe the value is notional/leveraged, so the actual loss to the trader is that divided by their leverage.
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Give me your tips for free.. And yes thanks.


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May 05, 2018, 05:05:48 AM

In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.

Even though your prediction is reasonable, you have to prepare for your prediction NOT to come true, and when you assert "never" 4 digits, except for "big disaster" you are too absolute in your view point.  Even if we break above $10k and stay up there, there are a lot of reasons that we may return below $10k... so even though I agree with your bullish assessment, you seem to be framing your perspective with too many absolutes and not allowing for the likely ongoing volatility of this BTC market, including to the downside for a variety of reasons.

Believe me, I am more benefitted by UP rather than DOWN, but I don't see how we can assume away down scenarios merely based on some TA mumbo jumbo - even if there are a lot of decent assumptions that should be built into the TA that includes the solidness of Bitcoin's fundamentals, there continues to be decent likelihoods for down scenarios, including scenarios in which various alts could assist in bringing BTC prices down for a considerable amount of time (before our next explosive bull run).

Sure, its all probabilities and predictions. No one know the future.

I just share my predictions with a strong bull energy. We need to spread the bull energy to make the bitcoin up more strong.

I tend to be bullish too, but I would rather attempt to stay grounded in reality and to prepare for either price direction.  I also don't see any need to propagate the bitcoin vision because I already recognize bitcoin as a better mouse trap that will attract the masses to buy it... even though it may take a considerable amount of time for the masses to jump onboard  - however, there is no need to rush it because the fundamentals are there and many of us will advantage by a more gradual raising of the price and the fact that there is disparate information.  those of us who know about bitcoin and who are investing into bitcoin early are going to advantage when the masses come on board, which may take a large number of years, and it does not do much good to exaggerate the UPSIDE scenario when both UPSIDE and DOWNSIDE is going to continue - with the UPSIDE likely prevailing (even while it could take a quite bit of time to unravel).


Sure got it.

As i'm new to bitcoin and trading in general, wisdom gonna came with time and be a little bit neutral in my talkings on bitcoins and alcoins.

I Played poker real money from 2002 to early 2017  and was a tight aggresive player why my comments are like that.

Poker attitude: raise, reraise, 3bet , 4bet, bluffs and all in For years. Cheesy
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May 05, 2018, 05:51:17 AM
Last edit: May 05, 2018, 06:56:40 AM by JayJuanGee

[edited out]


Sure got it.

As i'm new to bitcoin and trading in general, wisdom gonna came with time and be a little bit neutral in my talkings on bitcoins and alcoins.

I Played poker real money from 2002 to early 2017  and was a tight aggresive player why my comments are like that.

Poker attitude: raise, reraise, 3bet , 4bet, bluffs and all in For years. Cheesy

Don't get me wrong because I really love bullish perspectives, and so I will be a lot more tolerant when a bull spouts off bullish predictions without backing them up, as compared to bears, and part of the reason is that frequently bears are merely trolls or shills, even though every once in a while they do have something useful to say.. rare but true.   Cheesy Cheesy

Also, I do recognize that regular peeps do tend to talk in absolutes, to exaggerate a lot and maybe even there is some gambling mentality that is mixed in there - so when we are on the interwebs, sometimes guys, including myself, might go on the attack, if you are making assertions that do not seem to be very realistic or very backed up by evidence, even if we agree with the direction of your prediction.

Finally, bitcoin (and alts, as you say) can be really fun to learn about and to figure out ways to make money on them or at least to use as a learning tool, and with bitcoin, specifically, there is always so much to learn and even battling the deluge of misinformation to sort out facts from fiction and to filter out propaganda  - that even comes from good intentioned folks can be a very decent and ongoing learning experience, so don't get deterred from spreading and fixing up your opinion, even if peeps (including me) might attack them from time to time, because we can frequently learn from batting around ideas, whether related to bitcoin trading, price movements, predictions, fundamentals or otherwise.

Edit:

By the way, we have not really experienced any significant correction since $6,700 (unless you want to call this week's about 11% correction from $9,750 to $8,660 as significant and/or sufficient?).  

So at our current rebounded BTC prices, of about $9,800, we have a 45% BTC price appreciation without any meaningful correction.   The non-existence of a significant correction does not mean that we must have a correction, but there does remain a bit of an incentive for some of the whales to cause some price correction (manipulation or whatever you want to call it) in order to take some profits and to shake out some weak hands and to purge some longs... so sometimes, corrections can have momentum and even we could get stuck in a correction for a while before we would be ready to break above $10k.  

Yeah, of course, I am o.k. with breaking straight and directly above $10k too.. so who gives a shit if the poor lily whales get their anticipated price correction or not... I'm just saying.. that ongoing upwards in price movement should create normal incentives for down.   Tongue
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May 05, 2018, 06:37:47 AM

In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.





But...vegeta...  Cry

Sorry, dont understand what you means.

I Never started watching dragon bull, one piece is my fav manga.
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May 05, 2018, 09:26:24 AM
Merited by JayJuanGee (1)

BTC BTC BTC BTC BTC BTC BTC BTC BTC BTC x 1000 = Huh??

https://www.youtube.com/watch?v=ZpbKQjHNa-o

Come on Lisa tell us this is the right time to cross the line.
I don't know if anybody noticed how the MSM are behaving lately, read below
https://www.cnbc.com/2018/05/04/bitcoin-is-rallying--and-can-no-longer-be-dismissed-brian-kelly.html
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May 05, 2018, 09:46:54 AM

Now Btc $98xx, when its $6xxx-7xxx I thought its a joke. So I didn’t buy any, now its hitting 10k soon. What should I do ?
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May 05, 2018, 09:52:28 AM

Now Btc $98xx, when its $6xxx-7xxx I thought its a joke. So I didn’t buy any, now its hitting 10k soon. What should I do ?
Wait until its 100K then buy heaps.
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May 05, 2018, 09:54:59 AM

Now Btc $98xx, when its $6xxx-7xxx I thought its a joke. So I didn’t buy any, now its hitting 10k soon. What should I do ?

You should sell your car, sell your home, sell your mobile phone, your wife, your unborn, your laptop and put them all in Bitcoin. Leave a raspberry pi so you can generate wallets, and move/spend your coins when needed.



See this picture? Does $10k look expensive to you now ha son?

Legal Disclaimer: This is not an investment advice. Any future financial loses you may have based on my opinions, I don't give a fuck. Don't even try to sue me.
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May 05, 2018, 09:58:13 AM

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May 05, 2018, 10:26:34 AM

Now Btc $98xx, when its $6xxx-7xxx I thought its a joke. So I didn’t buy any, now its hitting 10k soon. What should I do ?

Well obviously if you think you missed an opportunity to buy cheap coins it’d be advisable to buy now before it goes any higher & you regret it even more.

The chance to own even 1 bitcoin is not going to be around forever. In 5-10 years time there are going to be lots of people living with regret.
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May 05, 2018, 10:44:25 AM
Merited by Last of the V8s (1)



That's one determined son of the Bitcoin.

Maybe it is this one?:

https://www.sapeople.com/2014/04/22/honey-badger-houdinis-great-escape-attempts-south-africa-video/
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May 05, 2018, 10:46:09 AM

9930$, iz Will break 10 000$ in next 60 minutes, GO, GO, GO!!
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May 05, 2018, 11:03:29 AM

First mass produced digital smart banknote arriving in a place near you.
https://tangem.com/

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