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

[infofront]

I was looking at one of MasterLuc's graphs from last August. His calls were about 4-5 months too early, but he was reasonably close.

[Rosewater Foundation]

Hodling all the way down was the functional equivalent of falling into a 6 months coma. Waking up to that has been terrible.

[mymenace]

Finalise whales, buy alts on way down

Trezor Legacy address complete implementation x 6

Exchange diversity increase, mix cryptopia/wex/bittrex

Asset exchange strategy to implement btc/gold btc/silver btc/tax btc/utilities btc/real estate

Monitor TA and FA for the event


In the end everyone will lose something
Hits from everywhere


Diversity is the only success


FYI coinking

[Rosewater Foundation]

I am a pretty princess
covered in mud and blood
water with stuff in it
like everything else that wiggles or jiggles
came into the world naked, wet and screaming

Excellent aside. Really makes you think, doesn't it?

[jojo69]

...get new tires...

did that

one of the very few extravagances I allowed myself last fall, was getting pretty tired of the mismatched Mexican-used-tire-shop specials I was running

[Elwar]

Imagine if some bitcoiner fell into a coma right after
it cracked 5k last year and just now woke up.
he'd be like...
$6300.. wow! bitcoin up over a $grand in less than a year!!! wooo-hooo!!!

Nonsense. If I ever fall into coma and wake back I would be fully expecting Bitcoin to be well over $100K. Otherwise I would be very disappointed and just fall into coma again until the next halving.

... Yes, I am such a deluded fool.

And I am getting a bit annoyed considering there are only few months left before we can't use the "less than a year ago" price reference anymore and we are forced to resort to longer time frames for positive result.

[Searing]

Hodling all the way down was the functional equivalent of falling into a 6 months coma. Waking up to that has been terrible.

I resemble that remark....







the above picture (future) is also frigging likely as well....FML

[Rosewater Foundation]

Fuck all our luck. Carolina or bust.

[Searing]

Fuck all our luck. Carolina or bust.

Carolina may be a frigging tease......( I wish BTC to be a wanton slutty money grubbing...whoxxx OK you get my drift)

I mean if we are gonna play 'gold digger' ....well lets take the gloves off baby....

[mymenace]

I am a pretty princess
covered in mud and blood
water with stuff in it
like everything else that wiggles or jiggles
came into the world naked, wet and screaming

Excellent aside. Really makes you think, doesn't it?

really cool thank you



like this one

Finders keepers 5KiZAcvsv74grwmZMmyuvquQKBPV8kwuwZpgKrzkf8w4KNH96q2

[jbreher]

Is this too subtle?

No. Kind of stupid though.

Though I feel my reply to HairyMacLairy may have been too subtle. HML's statements were either ignorance under pretext of authority, or outright lies. I'm hoping for the first. And that HML will learn the truth from my reply.

Whatever you think about whether or not Satoshi should be considered as authoritative, quite clearly he intended that not all would mine, and that ASICs would be employed. Whether or not intentional, HML's statements were demonstrably false.

Quite frankly, your conflating of a religious mandate to correction of fact just marks you as an unthinking troll provocateur. I somehow expected better from you.

[Rosewater Foundation]

Whatever you think about whether or not Satoshi should be considered as authoritative

I believe Satoshi died with Dave Kleiman and Hal Finney. I don't know what Satoshi writings could possibly be considered authoritative.

I somehow expected better from you.

Fair enough. I'll try to up my game.

[infofront]

I'm pretty sure Nick Szabo was at least 1/3 of Satoshi.

[jojo69]

Carolina       or      bust

[Rosewater Foundation]

I'm pretty sure Nick Szabo was at least 1/3 of Satoshi.

2/3 dead is dead enough for me.

[JayJuanGee]

Imagine if some bitcoiner fell into a coma right after
it cracked 5k last year and just now woke up.
he'd be like...
$6300.. wow! bitcoin up over a $grand in less than a year!!! wooo-hooo!!!

Nonsense. If I ever fall into coma and wake back I would be fully expecting Bitcoin to be well over $100K. Otherwise I would be very disappointed and just fall into coma again until the next halving.

... Yes, I am such a deluded fool.

And I am getting a bit annoyed considering there are only few months left before we can't use the "less than a year ago" price reference anymore and we are forced to resort to longer time frames for positive result.

Using longer than a year time frames is o.k.

Recall that the last price rise from $250 to $19,666 took about two years, and it took about 3 years (from January 2014 to January 2017) to go back above $1,000 after it had gone above $1,000 the first couple of times in late 2013 and in early 2014.

I am still not convinced that currently we are in a 2014/2015 scenario, rather than a early 2013 scenario... but even if we are in the longer drawn out scenario, such scenario is not really that bad (in our current circumstances), and even if we have to wait for some where between 2020 to 2022 to get some really decent upwards bitcoin price action, we should be able to HODL and BUYDL through those next 2-4 years.. and that seems to be the worser of the scenarios.. with decently likelihood that bitcoin's bull performance is going to come sooner than 2020.. and at least enough (into the 5 digit $10ks and above) to put us 60% or more price appreciation from our current price.

Of course, I don't know anything for sure, but the bullish case and BTC fundamentals do seem quite strong, even if the price is not currently seeming to follow such fundamentals.

[JayJuanGee]

Hodling all the way down was the functional equivalent of falling into a 6 months coma. Waking up to that has been terrible.

I resemble that remark....





the above picture (future) is also frigging likely as well....FML

These are overly pessimistic renditions. Of course, if you are not actively investing and accumulating, it becomes a lot harder to just become rich on a $250 bitcoin that you bought in 2015.. you gotta be a bit more aggressive, interactive if you really want to get rich....


Get rich ideas are really exhausting.. especially if you have not done any attempts at preparations besides watching the charts.  Over 3 years, you can accumulate a whole hell of a lot of bitcoins, and where the fuck else are you going to put your money that has such great potential for returns.  Of course, buying a personal house and index stocks and even 401k investments can be good for diversification, and so when you start whining that even though you only invested $250 but you made 400x returns, or something like that, there is something additionally wrong with your overall strategy.   

[HairyMaclairy]

Dear Jbear

Please cite from the White Paper.  

Hint:  you can’t, because it’s not there other than a reference to SPVs which I expect you will seize on being the Bcash lol fanboy that you are.


His later statements were an acknowledgment of the way Bitcoin was developing in practice.  In any event, it’s moot because we are where we are with miners holding significant power.  

[JayJuanGee]

Fuck all our luck. Carolina or bust.

Carolina may be a frigging tease......( I wish BTC to be a wanton slutty money grubbing...whoxxx OK you get my drift)

I mean if we are gonna play 'gold digger' ....well lets take the gloves off baby....

Let's just say that hypothetically, you are about in your early 60s and you have around 100 BTC...

You really gotta think about your longevity.

Let's say, best case scenario, you have good genes, and you want to prepare to live until 100.  It is quite likely that you could take out 3% of your coins per year, and be doing just fine.. because on average, I expect bitcoin is going to appreciate more than 3% per year...

[Rosewater Foundation]

Dear Jbear

Please cite from the White Paper.  

Hint:  you can’t, because it’s not there other than a reference to SPVs which I expect you will seize on being the Bcash lol fanboy that you are.


His later statements were an acknowledgment of the way Bitcoin was developing in practice.  In any event, it’s moot because we are where we are with miners holding significant power.  

It's an anonymous handle. There's no reason to rule out the possibility it changed hands more than once. There comes a point at which the intentions of a pen name are moot.