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

[HI-TEC99]

Pretty much. I've sold a bit to cover business expenses, shipping, and of course my new flamethrower (every bitcoin company needs a flamethrower and this is fucking amazing!). Also sold to pick up a Porsche, but that's about it.

And sold a few at 1200 to trade for gold, worst idea ever but hey them's the breaks. So you sell it when you need to and don't go bananas about it.

Meantime I'm off to Vegas and to test drive some Lambos. Anyone else out there this coming week?

I doubt that peeps in the mood, currently, to talk about lambos.  

True, however I did buy the Porsche (an older one, so not that much B) at 2k a bitcoin, so there is that. Felt a bit dumb with it hit 19k, would still like it a bit more than 7.

At least you held out for 2k, julian071 sold a third of his stash at 1000 euro to buy a Ducati.

OK, I'm out. Sold everything @ 6120 euro. Only have some Dash and Byteball left. Gonna watch this whole Segwit2X-thing from the sidelines, I'll buy back cheaper or more expensive depending on the outcome.

Hope this selling everything pans out as well as the last time I did.

Last time you sold was at 600 euro to buy a Ducati. You should be proud now riding the most expensive Ducati ever?

Nah that was at about 1000 euro and it was about a third of my stash. Never regretted that decision =D

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[JayJuanGee]

Pretty much. I've sold a bit to cover business expenses, shipping, and of course my new flamethrower (every bitcoin company needs a flamethrower and this is fucking amazing!). Also sold to pick up a Porsche, but that's about it.

And sold a few at 1200 to trade for gold, worst idea ever but hey them's the breaks. So you sell it when you need to and don't go bananas about it.

Meantime I'm off to Vegas and to test drive some Lambos. Anyone else out there this coming week?

I doubt that peeps in the mood, currently, to talk about lambos.  

True, however I did buy the Porsche (an older one, so not that much B) at 2k a bitcoin, so there is that. Felt a bit dumb with it hit 19k, would still like it a bit more than 7.

Maybe when it hits 20k again. Meantime got to plan and prepare for these sorts of things, they can happen quickly.

I agree that it is good to have some plan for exponential price growth.  I recall that I had gotten a close relative into bitcoin in late 2014 at around $385, and certainly I had though that was the bottom or close to the bottom, and then we spent an additional year in the $200s and far below $385.  

I kept telling that relative that at some point in the future I expected prices to go between $3k and $5k in a kind of exponential rise that was similar to earlier rises, so I found it ill-advised to sell anywhere in the upper 3 digits or even to sell $1000s.  I said that on the other hand, if the relative began to sell some or all of the bitcoins in the $2k price arena, then I would not be blaming for that.

That particular relative has held onto 2/3 of her bitcoins through all of this up and down, and cashed out more than 3x her fiat investment amount.. and yeah, these exponential price rises happen quickly, and it is good to have some structure of a plan and even if you tweak the plan here and there, to largely attempt to follow the cashing out part of the plan, whether you are cashing out 10% every time the price doubles (after reaching a certain price), or you find some other comfortable price point that is neither too greedy or too premature.

Pretty much. I've sold a bit to cover business expenses, shipping, and of course my new flamethrower (every bitcoin company needs a flamethrower and this is fucking amazing!). Also sold to pick up a Porsche, but that's about it.

And sold a few at 1200 to trade for gold, worst idea ever but hey them's the breaks. So you sell it when you need to and don't go bananas about it.

Meantime I'm off to Vegas and to test drive some Lambos. Anyone else out there this coming week?

I doubt that peeps in the mood, currently, to talk about lambos.  

True, however I did buy the Porsche (an older one, so not that much B) at 2k a bitcoin, so there is that. Felt a bit dumb with it hit 19k, would still like it a bit more than 7.

At least you held out for 2k, julian071 sold a third of his stash at 1000 euro to buy a Ducati.

There are too many folks who were cashing out before $1k, and I recall in 2015 a lot of posts in one thread that anticipated $1k as a very high price and doubts that BTC would stay above $1k for very long, once arriving in that price range.

There is a BIG allure for consumer goods, which causes too much willingness to lock in profits, way too early.

[realr0ach]

Thanks for looking that up! I hadn't read that about myself but SO true!  Can you read tea leaves also?

The personality test is mostly useless since it's already well known anyone who isn't retarded is going to get either INTJ or something close to it.  Since the majority of women are large, emotionally unstable children, cannot compete against men as a group, and are the species baby making machines, they're obviously going to score higher in social and emotional traits.  

Linguistics (social traits) are mostly the art of trying to manipulate people for personal gain, which is why both women and Jews score high in it.  People who can just go out and do something themselves without relying on others don't need to develop some ultra maximized blabbering ability to try and con people.  Since humans have specialization of labor, and women are the baby making machines, they have retained these maximized social traits to try and acquire resources for their offspring.  As for male Jews overwhelmingly having these female traits, that's simply because they're parasites/grifters.

The secondary part of the social traits (emotional) are due to the female needing to bond with the child, and the fact that through evolution women have not provided for themselves, so any isolation from the group is fatal. Therefore, their scores are always going to be about being emotionally sensitive to what other's think (mindlessly following popular opinion), because if they don't follow popular opinion, through evolution they have died. And there is your history lesson on why women generally do not have interesting brains or ideas, and why extreme linguistic/social traits found in males (beyond what is required for things like specialization of labor) are usually a sign of the con artist.

[Elwar]

With these super low prices we may need to shut down the blockchain.

Fortunately they released Satoshi's alert key.

Time to trigger the shutdown switch? Or might things turn around?

I'm scared.

Help.

[jonoiv]

morning star on the 15 min chart at least 

[Icygreen]

Thanks for looking that up! I hadn't read that about myself but SO true!  Can you read tea leaves also?

More joos and misogynist drivel

Sorry to see you're so damn salty and bitter in there r0ach    r0achy need a hug?  

[HairyMaclairy]

Maybe some Manischewitz followed by an afternoon nap. 

[HairyMaclairy]

Daily EMA about to cross - things will get worse before they get better.

[bones261]

Daily EMA about to cross - things will get worse before they get better.

Good God this is bad all the way around. Even trying to mine shitcoins with my desktop is pathetic. (Well, it always was kind of pathetic, but now even more so.)I have been tempted to buy a z9 mini miner for months; but with the way things are going, it would probably only be good as a space heater by the time it arrives. I'm not even sure that I can hold out until November when I will be able to buy a White Chocolate Mocha at Starbucks, with what is left of my Bitcoin stash.(And we all know the November date is the absolute best possible outcome, which does not appear to be the trend at the moment.)

[Searing]

Daily EMA about to cross - things will get worse before they get better.

Good God this is bad all the way around. Even trying to mine shitcoins with my desktop is pathetic. (Well, it always was kind of pathetic, but now even more so.)I have been tempted to buy a z9 mini miner for months; but with the way things are going, it would probably only be good as a space heater by the time it arrives. I'm not even sure that I can hold out until November when I will be able to buy a White Chocolate Mocha at Starbucks, with what is left of my Bitcoin stash.(And we all know the November date is the absolute best possible outcome, which does not appear to be the trend at the moment.)

I myself am trying to self hypnotize myself that it is January 2017 and this 7x price

Is just dandy. Not working, must drink more to further drive my denial.

[jojo69]

[bones261]

Are they done, yet?

[realr0ach]

Sorry to see you're so damn salty and bitter in there r0ach    r0achy need a hug?  

[HairyMaclairy]

Think of it this way.  We are part of the way down wave 4.  Wave 4 is a fucking doozy that could last into 2019 but it also leads to the bottom of this bear cycle, in the desert of despair.  

2014 - 2015 wave cycle


2018 wave cycle to date


Wide shot showing both 2014 and 2018 cycles

[realr0ach]

Oh yes, and #TheOrangeGoyimKnow

[bones261]

[Jennifer_Elam]

I see a pretty good resistance at the 6700 level...

The .618 fib on the daily:

https://image.ibb.co/evA16K/shot1.jpg

and the 100% fib extension on the hourly from the start of the the reaction:

https://preview.ibb.co/dAxW6K/shot2.png

with some healthy momentum building on the 1H

Could be sign of turnaround?

[mymenace]

Global monetary policy ramping up - Iran, Brics, Central Banks, Brexit, European Council (Shills), Gold, Digital Currency, tax etc

Bitcoin is set for a revolution

With acceptance of all things comes arrests and jail to ensure the new revolution is handled appropriately, history repeats

Who will flip, who will disappear, who will suicide and more importantly who will survive

The effects on bitcoin are already evident $1000 swings and a TA out the window.

Buckle up, ride the wave and party on dudes

[realr0ach]

Could be sign of turnaround?

The only turnaround is when the fiat 2.0, imaginary, valueless, digital scamcoin fad dies and people refuse to accept anything but physical metals for payment for anything.  Not fiats, not shitcoins, actual money.

Bitcoin - The official currency of barcoded cattle (TM)

[ToTheMoon_XOM9IK]