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

[mymenace]

Seriously? It is something I contemplated myself with my hatred for the state and the amount of time I spent of my life fighting for liberty. Only to realize that so much of my life was wasted fighting for something nobody else really wants.

What's on the other side of victory? For me I am discovering that. What is it I am fighting for? What, in my own life, is being restricted by the evil government?

The reality is I can find freedom in my own life and not worry about them. I can move forward in my own life and have that future on my own. I can focus on the things I'd wanted to do before getting caught up in the whole political game. Sure, the knowledge of how things work has helped in my decision making, but I don't have to be a warrior for "the cause". I can be a warrior for my self.

Exactly this. So many people getting all angsty online about the evil government and demanding change, when they don't realize that not only are they wasting their precious life/time/effort in doing so, but also there is nothing else needed to be done than to just let the evil government implode in on itself.

Become your own warrior. Create local change. Build local community. Become your own bank. Become self-sufficient and self-reliant. Stay healthy. Eliminate your debts. Grow your own food. Reduce your carbon footprint. Store your savings in deflationary assets.

There won't be civil war and true change until the govt tries to tax you for just breathing. So until then...

said brilliantly

long live decentralization

teach the world

as the above says

be your own master of destiny



..."let the evil government implode in on itself"...  luv it

by not voting, they will have no-one to convince of the issues they have not fixed for over 100 years

[JayJuanGee]

JJG no need to envy those using the leverage. When they get burned, they really get burned.

I am thinking that I may have over-spoken a little bit because I am really happy with my system because it does work at accumulating value by slowly but surely accumulating more BTC over time, but sometimes, I get feelings that are likely similar to a lot of people when they second guess that they "could have done better if.... " 

I have files and notes that I can look back at, and those files and notes show my fairly conservative projections of my BTC investment at various price points, and the fact of the matter is that whatever I am doing currently is working because what I am doing results in more BTC than I had projected that I would have had at this time and price point...   

What I have been doing and attempting to do has been to build more BTC.., but the BTC builds in such a seemingly slow way that sometimes it is difficult to recognize the short-term measurements from just one up and down price movement..   For example if BTC prices go down 10% and then return UP to where they were by coming up 10%, and perhaps, I build .1% of my holdings or even less, yet if I look at my old notes, and I see the BTC price projection and quantity of BTC projections that are shown for me at certain price points, I see that within my current BTC holdings, I have accumulated a decent quantity more BTC than I had projected that I was going to have at these same BTC price points (so in that regard, I can see that my system is accomplishing its objective by slowly but surely building BTC and taking advantage of seemingly inevitable volatility).

Another thing, that you seem to be suggesting Globb0 is that some of the leveraging and overplaying of hands can frequently result in BIGGER losses than the gains that are reported.  Yes, I recognize that a gambler frequently doesn't discuss the losses, yet there are guys here that are engaging in similar strategies to stack and stack and stack, and hopefully we are getting ahead, learning from our mistakes and learning from each other, too.   

"could have done better if.... "   sounds like a good thing. Post match analysis. Feedback loops. Iterative. Continual improvement. Say this. A learning loop beats a learning curve.

Of course the leverager's can also learn lessons and improve, the winners survive in the end I guess. They employ tactics and method that might stump the newer user who has not yet leaned those costly lessons (that could easily be fatal)

I have to say I prefer the sound of your steady 0.1% vs Hollywood or bust. Still does fortune favour the brave? well I suppose not all of them. Anecdote after anecdote. Sorry.

It seems that I have always invested with a kind of incrementalism, and dollar cost averaged into things, but I have never had any investment that I could microcontrol so much.  I recall with earlier investments, there were a lot of limitations in moving in and out and waiting periods, so bitcoin has been great in that regard.  It also has been great in it's level of appreciation.  Of course we have heard about some company stocks that have experienced similar level of appreciation, but I had not ever gotten into those - and certainly index funds do not tend to blow upwardly with such intensity.  Lucky if you can 2x in 5-7 years with index funds.  With bitcoin, we have had nearly 80x price appreciation from $250 in October 2015 to $19,666 in December 2017... but even with our current price drop to $7,600 we are still holding onto a cool 30x.... and we still seem to be towards the beginning of the first inning, no? 

By the way, I like your assertion that both leveragers and non-leveragers can learn how to profit, and I will admit to be guilty of engaging in some leveraging, even though I would not play around with that margin crap manipulated leveraging on exchanges. 

Anyhow, Any of us who have bought into bitcoin should not only be able to figure out ways to profit, but also realize that this is an accumulation phenomenon, and get the fuck out of here with you bear naysayers that keep preaching the inevitable fall to below $3k that may well not happen and that may well trick WO guys and gal out of their coins... .so even if we screw things up, as long as we are working on accumulating BTC, it just remains a matter of how rich we will become rather than whether we will be rich at all.

I recall in 2014, I was buying all the way down from $1,200 to $180, and I recall a few times in the $400s to $700s, bitchick would post that it did not matter how much you paid for the bitcoins, even if between $400 and $700 that sooner or later, the $400 to $700 coins would no longer be available and seem like a bargain...... It took a couple of years of her seeming to be wrong, but eventually she was correct... Irony of that story is that I mostly hung on and kept buying bitcoin's but bitchick's husband sold a decent amount of their stash when bitchick had gone on vacation or something... .. so spousal situations can lead to differing opinions and differing approaches and not quite a consistent way forward (sometimes based on compromise).

[Last of the V8s]

[Last of the V8s]

6th feb - bullish
6th march - bearish
6th april - nothing
12th april - bullish
6th may - bearish
6th june - today hmm idk haha

inb4 revenge of the sixth

[petahashminer]

Buy wall bitstamp

1000 K  @ $ 7620
 
what is it ?

 

[vroom]

6th feb - bullish
6th march - bearish
6th april - nothing
12th april - bullish
6th may - bearish
6th june - today hmm idk haha

inb4 revenge of the sixth

I'm strapped and ready for launch

[Totscha]

Buy wall bitstamp

1000 K  @ $ 7620
 
what is it ?

 

It appears to be a buy wall.

[mOgliE]

Buy wall bitstamp

1000 K  @ $ 7620
 
what is it ?

 

That's what you commonly call motherfucking rich investors thinking they can make a margin on this.

Expect a rise soon after. But that only means it'll go up to 7700$ at least xD

[realr0ach]

Any comments on this?

At least he didn't post in Esperanto...

Esperanto is much better than whatever JayJuanGee is typing.

edit:  nevermind, Esperanto is made by a Jew.

[sirazimuth]

Is John Mcafee insane?

Insane would be understated.
Watch the docu “Gringo..” (on Netflix)
His “ladies” describe what he enjoyed them doing on him.
I won’t elaborate....

[sirazimuth]

(this viewed in ponderation of other peoples' presently pointing out your posting proclivities may provide probability to give your person pause)

Personally,I perceive your point a pertinent possibility...

[fabiorem]

Soon BTC gonna get tired of this game... and will moon soon...!!!


https://i.imgur.com/58YNcKa.jpg

Underrated post.

[jbreher]

Any comments on this?

Just Luke doing Luke. One more insane rant. What with the earth at the center of the universe, prepare for a PoW change, kill all the non-xtians, and the like.

One of crypto's more ... umm ... colourful characters, to be sure.

FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow. 

[jbreher]

Any comments on this?

What about you?  You decided to post it.  Do you have any comments?

well that doesn't make too much sense as much as i can understand what he's trying to prove.... but still, there must be some sense, guy here not simply a troll lol
basically, don't know what to say, asking for some more expert's comments

What LukeJr is saying is:

The Linux of today is not the same as the Linux 0.1 version that was Linus Torvalds "original design"
The iPhone of today is not same as the iPhone 1.0 that was Steve Jobs "original design"
The Keurig coffee maker of today is not the same as the 1.0 Mr. Coffee maker that was Vincent Marotta's "original design"
etc., etc... things need to evolve, man

Just no. There is a distinct difference between 'limited' and 'impossible'. Completely different.

[Torque]

The Mining Hardware Wars... oh it's on like Donkey Kong!

https://twitter.com/ynakamura56/status/1003908868114509824

[Torque]

Just no. There is a distinct difference between 'limited' and 'impossible'. Completely different.

Join the BCash dev team, put your money with your mouth is and prove it.

Or STFU troll.

[jojo69]

Blaming capitalism for the mess the governments have created.

top government people and top business people are... the same.

and the big corps are decidedly bad actors in the whole situation

Many feel, mistakenly in my opinion, that government needs to exist as a counter to corporate power.  They tend to cling to the fiction that government is an actual civic authority and not already hopelessly captured by the very corporate entities they, rightly, fear.

[jojo69]

...until the govt tries to tax you for just breathing...

isn't that pretty much exactly what obamacare is?

[JimboToronto]

Good morning Bitcoinland.

Sideways it is... currently $7658USD/$9885CAD (Bitcoinaverage).

As someone pointed out, sideways means rambling posts about cultural-minority and other conspiracies, and other general off-topic bullshit.

Since I think we'll have to wait a bit for rocket trains and music fests, and I don't want to hear about lame altcoins, can't we just observe the occasional wall? There's a doozey over at Stamp at the moment. Eaten or pulled?

Edit: pulled (doh!)

[jojo69]

JIM!

A hearty good morning to you sir!

I personally am feeling extra spunky what with the Mariners on top by 2 whole games in the AL West