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

[JayJuanGee]

That's a proper WO commemoration of the bottom if I ever saw one!  I once watched the mayor sell around 4k just before we shot into the stratosphere. 
Hope you're able to relax your nerves now. Drop by from time to time, OK.

If RF is telling the truth, and he really has lost confidence under these current BTC circumstances, including this price, then it is quite likely that he is going to be back, buying back in, somewhere between the upper $20ks to the pre-$50k price range. 

Sad, but true, that there are real-world folks out there like that.

[marcus_of_augustus]

Meanwhile, I give up. The show's over for me. This money can be put to better use somewhere. I'm sure of it. Thus and so I'm cashing the fuck out before I do anymore damage to myself. God speed, you lot of sophisticates. Give my regards to mister Toronto.

Cheers and bon voyage or whatever.

... and any word on getting the pants back??

Probably put them up for collateral, went short, got stopped out and now the pants are gone ...?

[Bitcoinaire]

Something is gonna give soon, hodl...........

[HairyMaclairy]

I love how you all still have hope. It's refreshing.
I'd hope it all works out for you, but, well...

The next peak is $180,000 in December 2021.   But the next 12 months are going to be boring and depressing as batshit, with occasional moments of sheer terror.  

Make your plans accordingly.  I suggest deep cold storage. Put it under a concrete slab if necessary.

[Bitcoinaire]

I love how you all still have hope. It's refreshing.
I'd hope it all works out for you, but, well...

The next peak is $180,000 in December 2021.   But the next 12 months are going to be boring and depressing as batshit, with occasional moments of sheer terror.  

Make your plans accordingly.  I suggest deep cold storage. Put it under a concrete slab if necessary.

This is a likely scenario, but when do you see us breaking $20,000, 2020?

[HairyMaclairy]

Not until Q1 2021

[JayJuanGee]

Not until Q1 2021

Bear!!!!!!!!!


 





 

[jbreher]

3) Huge Losses. BCH is Doomed![/tt]
https://twitter.com/btcking555/status/1046835554514608130

Haha. BCH dollar price up 4% in the couple hours since 'the sky is falling' tweet from pansy btcking555.

[jbreher]

What kind of beverages are we drinking tonight, gentlemen?

Done with my Sapphire martini. On to Coors Extra Gold.

whatevs.

[jbreher]

wine-fridge

... cabernet sauvignons.

u r doing it rong

Whites go in the fridge.

Neither the lady nor I care a whole lot for wines. The Lambo came with a wine cellar. We've made it a tequila cellar.

[infofront]

Just bought s'moar. Dollar cost averaging on its way, especially on the way down as someone else has drilled into our collective heads  

I hope my timing is lucky this time around. Not so much for the small advantage of buying slightly cheaper, but as a good start for a year final bull run in bitcoin's best tradition. Every moon climb begins by tackling a hill.

I've had some laddered buy orders sitting around for months going from $5,200 to $3,800, or something like that. Tempted to cancel those and just buy in around current levels, as bull season has begun. I'll likely buy in higher if I see confirmation that the bear trend is over.

Of course, you can tweak your orders at any time; however, I doubt that it hurts having orders that go down the spectrum of possibilities, just in case. 

Largely, since about early February, I have maintained buy orders down to $3k; however, I have tweaked them from time to time, too.  I have also held onto a decent size reserve of funds that are ready to buy down to $1k and even lower, even though I have continued to have considerable doubts about any of those price levels being reached in this particular correction cycle.  Part of the satisfaction of cashing out at higher levels and all the way up to $19k was to be able to adjust and to have a reserve that goes further down the price scale, just in case the BTC price corrects further than expected and longer than expected (which continues to be within the realm of reasonable (even if extreme) possibilities).

Accordingly, I would not completely cancel any of those orders down to $3,800, yet you can tweak them in a couple of ways by changing their size or their increments and/or just pulling some more money from other places in order to buy more around the ballpark of current prices.

Ultimately, the way that you tweak should be to accommodate your own changes in sentiment, yet completely cancelling or taking BIG moves seems to be more of a gambling approach rather than a meaningful attempt at some kind of semblance of sound investment (if bitcoin can be placed into such category with its continued expected extreme volatility potential).

That's true. It would probably be more responsible to keep the laddered buy orders, but maybe move them up to a more realistic price area.

[jbreher]

Izzat you? You look like you'd be kinda cute. Well, when not grievously expressing your displeasure, of course.

[jbreher]

covert ASICboost needed to be taken care of too,

...beacuse...?

Which is the reason why most bcashies were so strongly opposed to segwit.

Funny assertion is funny. As in 'haha', not as in 'sick'.

[HairyMaclairy]

3) Huge Losses. BCH is Doomed![/tt]
https://twitter.com/btcking555/status/1046835554514608130

Haha. BCH dollar price up 4% in the couple hours since 'the sky is falling' tweet from pansy btcking555.

BCH should continue to pump (with ‘organic’ fluctuations) until the IPO date.  You can’t have a dump, without a pump.  After the IPO date, Bitmain will abandon it. 

[jbreher]

Accordingly, aren't we barking up the wrong tree in a kind of frivolous pie in the sky manner if we are expecting that segwit is going to be reversed or to whine about segwit being in place because it has become part of bitcoin BTC.

FTFY.

[jbreher]

Meanwhile, I give up. The show's over for me. This money can be put to better use somewhere. I'm sure of it. Thus and so I'm cashing the fuck out before I do anymore damage to myself. God speed, you lot of sophisticates. Give my regards to mister Toronto.

Cheers and bon voyage or whatever.

Goodness, that is rather unfortunate news, old chap. So sorry you shan't be joining us on our impending domination of this thing the ruffians call life.

[JayJuanGee]

Just bought s'moar. Dollar cost averaging on its way, especially on the way down as someone else has drilled into our collective heads  

I hope my timing is lucky this time around. Not so much for the small advantage of buying slightly cheaper, but as a good start for a year final bull run in bitcoin's best tradition. Every moon climb begins by tackling a hill.

I've had some laddered buy orders sitting around for months going from $5,200 to $3,800, or something like that. Tempted to cancel those and just buy in around current levels, as bull season has begun. I'll likely buy in higher if I see confirmation that the bear trend is over.

Of course, you can tweak your orders at any time; however, I doubt that it hurts having orders that go down the spectrum of possibilities, just in case. 

Largely, since about early February, I have maintained buy orders down to $3k; however, I have tweaked them from time to time, too.  I have also held onto a decent size reserve of funds that are ready to buy down to $1k and even lower, even though I have continued to have considerable doubts about any of those price levels being reached in this particular correction cycle.  Part of the satisfaction of cashing out at higher levels and all the way up to $19k was to be able to adjust and to have a reserve that goes further down the price scale, just in case the BTC price corrects further than expected and longer than expected (which continues to be within the realm of reasonable (even if extreme) possibilities).

Accordingly, I would not completely cancel any of those orders down to $3,800, yet you can tweak them in a couple of ways by changing their size or their increments and/or just pulling some more money from other places in order to buy more around the ballpark of current prices.

Ultimately, the way that you tweak should be to accommodate your own changes in sentiment, yet completely cancelling or taking BIG moves seems to be more of a gambling approach rather than a meaningful attempt at some kind of semblance of sound investment (if bitcoin can be placed into such category with its continued expected extreme volatility potential).

That's true. It would probably be more responsible to keep the laddered buy orders, but maybe move them up to a more realistic price area.

Let's say, for example, you have about $500 buy orders every $500 starting at $5,300, then $4,800, then $4,300, then $3,800.  That would be 4 buy orders that constitute a total of $2,000.  Sure, you could start them out higher up, such as starting at $6,100, and/or you can change their quantities, as well and allow them to go all the way down.  If you started at $6,100, you could stagger them every $333 (which would be 3 orders for every $1,000 price drop, and you could still have buy orders going all the way down to $3,800-ish.. they would just be around $300 each rather than $500 each. 

So in my example, you still go down to the same amount, but you increase the number of your buy orders from 4 buy orders to 7 buy orders which also allows you to move all of them to start at a higher price (the first one is triggered sooner).  You could also go down to $100 per order, and then you would have 10 buy orders to work with which could allow you to prepare for even further down, too (even though it does not seem very likely we are going down further, but there is a certain peace of mind that can come by having the cash available, just in case).  Also, sometimes when you have the extra cash available, sometimes you can just say fuck you to all of it, because you don't think that the price is going to go down that far, and you can just remove that cash from your preparations and treat yourself to something (with your profits). 

[elrippos friend]

Good morning everbody 

[JayJuanGee]

Accordingly, aren't we barking up the wrong tree in a kind of frivolous pie in the sky manner if we are expecting that segwit is going to be reversed or to whine about segwit being in place because it has become part of bitcoin BTC.

FTFY.

That is not a proper fix jbreher.

Go back to your room, until you learn what is the real bitcoin, and that bitcoin can be referred to as mere bitcoin, and we all know about what we are talking.. except for deluded bcashers or those folks attempting to mislead.

[Rosewater Foundation]

I love how you all still have hope. It's refreshing.
I'd hope it all works out for you, but, well...

I don't believe you a bit  

Gotta take his bullshit seemingly inopportune timed whining with a considerable grain of salt, and even consider the reverse psychology (or the fictitious) angle.

Fuck you, Jay. Not everybody is in a position to park his money sideways for the next three years.

P.S. Fuck you sideways.

it is quite likely that he is going to be back, buying back in, somewhere between the upper $20ks to the pre-$50k price range. 

Sad, but true, that there are real-world folks out there like that.

Moron.