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

[Mister_Success]

so are we going to moon soon

Everyone on Reddit seems to think so, so I'd grab as big of a personal loan as you can while you still have the chance to hop on the rocket.

[El duderino_]

I'm looking forward to a day when people stop quoting roach so we don't have to see his comments in quotes...it kind of defeats the purpose of the ignore button  

But...

[ccminer.net]

so are we going to moon soon

Everyone on Reddit seems to think so, so I'd grab as big of a personal loan as you can while you still have the chance to hop on the rocket.

Well on reddit and twitter is like since 5 months that we are going to skyrocket to 100k anytime TOMORROW or maximum NEXT WEEK. So I guess they are not the right places LOL

[mymenace]

so are we going to moon soon

Everyone on Reddit seems to think so, so I'd grab as big of a personal loan as you can while you still have the chance to hop on the rocket.

Well on reddit and twitter is like since 5 months that we are going to skyrocket to 100k anytime TOMORROW or maximum NEXT WEEK. So I guess they are not the right places LOL

if everyone knew every June it increases by up to 60% for the last 4 years

and then drops July 1st by 30% every four years

would it do the same again

[4rt3m]

Great resource to track short/long futures positions:

Examples:

CME (https://tradingster.com/cot/futures/fin/133741)
CBOE (https://tradingster.com/cot/futures/fin/1330E1)

[Ludwig Von]

so are we going to moon soon

Everyone on Reddit seems to think so, so I'd grab as big of a personal loan as you can while you still have the chance to hop on the rocket.

Well on reddit and twitter is like since 5 months that we are going to skyrocket to 100k anytime TOMORROW or maximum NEXT WEEK. So I guess they are not the right places LOL

if everyone knew every June it increases by up to 60% for the last 4 years

and then drops July 1st by 30% every four years

would it do the same again

Now we are the fifth year. It 's different now. 

[yefi]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

[sirazimuth]

...... mathematically... BLAH BLAH... someone's bitch... BLAH BLAH silver and gold... the usual babblings.
 a parady of himself ffs...kinda boring now actually, ignore.  (I'll end up peeking though, I always do, lol)

[xhomerx10]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

 I'm sensing partner issues.  

[bitserve]

Looks like a better "Cryptosteel" for half the price has launched: https://1stminingrig.com/billfodl-review-ultimate-backup-for-your-seed-private-keys/

* I don't have it yet. Just read about it and like what I see.

P.S.: They accept payment via Lightning Network which is also great.

[vapourminer]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/
"Don't buy monero"

ugliest watch ever.

i did look through the richardmille watch site, the one with dragon figures seemed okish

but $800k+ for a watch. lulz. no matter how rich i became, i would never pay that for a watch.

now, i could see myself with one of those olde skool red LED watches from the 70's.. press the button to light up the time. THOSE were cool.

[Neo_Coin]

[4rt3m]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/
"Don't buy monero"

Arabs, Russians, Chinese bought tons stuff like that. Selling tasteless luxury things become international now as crypto-holders have no nationality.

[bones261]

Unfortunately, I believe the troll being referred to will remain even if ignored by most. After all, even if all the seasoned members ignore them, there will always be the newer member that may get his very important message to buy silver.  

[buyandhold]

[4rt3m]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

[OWZ1337]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

does that watch mine bitcoins? :-D haha

[realr0ach]

...... mathematically... BLAH BLAH...

I'm not the only one who calls the cryptoscam industry where every single coin including bitcoin is designed to centralize garbage:

“it’s scammers scamming scammers all the way down.” - fluffypony

However, I believe he stole this quote from that one guy who used to have the George Costanza avatar on this thread like 6 years ago.

[cofefeGandalf]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

does that watch mine bitcoins? :-D haha

Yes but it's mechanical, this means you need to fap a lot to sustain your hashrate. 

[JayJuanGee]

Many woulda-been, coulda-been Bitcoin millionaires become bitter, anti-Bitcoin zealots.

I got into the boat in 2013, but sold all my stash in 2015 because of reasons, would be a multi-millionaire now didn't get me bitter though, that's just life.

But back I am, hopefully smarter this time, started to rebuy in Nov 2017.

Yes, there are more "normal" peeps that attempt to learn from their mistakes and to develop better strategies. It can take a long time to move away from our tendencies to repeat our mistakes, and sometimes identify areas in which we can develop better plans and to place ourselves into a better position to prepare ourselves for luck. 

You know the saying that there is no such thing as pure luck because luck is largely a product of opportunity coming from preparation?

 I would not mind hearing some more of your details and plans on how you are expecting to go forward.  Hopefully, you understand that bitcoin remains the main place to emphasize your long term efforts, even while there remains ways to make short term profits from some of the alts.. perhaps?

I agree with your statements, especially with the luck one, blind luck rarely represents itself.

My plan is to accumulate bitcoin and other crypto and hodl them tight this time, no cashout plans at least inside the next 5 years. I actually was against the alts when I held bitcoin the last time, had them maybe 1-2% of my portfolio before cashing out, but there is some real money to be made there now and some of the alts have great teams and ideas aswell. The reason for cashing out was not fear of market, as I planned to hodl anyway, just had some trouble in real life and cashed out in smaller portions. I have my life and financials set up from a much better perspective now, so I think this time I don't have to go to my coins to get fiat.

I have been trading back and forth a bit since December and grown my wallet slowly too, had everything in bitcoin at some point, now the ratio is maybe 30-70 (BTC-alts), but I'm keeping an eye on the market constantly and when I see some coin is not worthy anymore, I'll convert it to bitcoin. Main idea is to accumulate bitcoin of course, trying just to grow it with the help of alts and so far it's working. Soon I start to transfer small amounts from trading to my cold storage and keep them there. So alts, for me, are to accumulate more bitcoin, though I have faith in a few projects (none of them is in top30@CMC). I'm buying around $1-1.5k worth of crypto monthly.

I'm getting most of my information relating bitcoin and its movements from this thread, have done so for the past 5 years (been inactive at some points), have been reading it without an user, though had one called "maakas" a couple of years back. And I hang around google relating bitcoin articles too. I know little of TA, but as it has shown itself wrong so many times relating bitcoin, I don't have much trust in it when making my choices. One thing is for sure, when kwukduck appears with the doomsday posts it's buy time!

Thanks for showing interest, I love this community!

Thanks for providing some of your details.  I don't necessarily agree with your goals, but I would be concerned about some of your potential distractions with alt coins and that your perception that you have decent chances to use alt coins to accumulate more BTC than if you held BTC itself. 

I probably have disclosed numerous times in this thread that my alt coins tend to be less than 5% of my total holdings, and I think now is around 2%-ish.  I do understand that some members might have perceptions like yours that it is possibly useful to keep higher allocations in alts to accumulate BTC, and I tend to be o.k. if they were to take a 20% alt strategy, but not an 70% alt strategy as you seem to be currently... but maybe if you reversed your allocation to 70% BTC, you could still find a way to make it comfortable for you, especially if you have what seems to be a minimum 5 year investment and building of your portfolio plan.

Of course, in the end, you have to find your own level of comfort, but I tend towards lessening the gambling aspects which causes me to remain in the 90% plus arena for bitcoin, and I become less and less able to relate to those strategies the more that they allocate higher level to alts, even if they end up getting lucky by playing around with shit that can implode at any moment - which is not the same as the continuing strength of the fundamentals in bitcoin.