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Question: Sept. 21 Closing Price:
$0 - 3 (3%)
<$8,000 - 5 (5%)
$8,000-$8,500 - 1 (1%)
$8,500-$9,000 - 2 (2%)
$9,000-$9,500 - 5 (5%)
$9,500-$10,000 - 6 (5.9%)
$10,000-$10,500 - 21 (20.8%)
$10,500-$11,000 - 20 (19.8%)
$11,000-$11,500 - 18 (17.8%)
$11,500-$12,000 - 6 (5.9%)
>$12,000 - 8 (7.9%)
>$20,000 - 6 (5.9%)
Total Voters: 101

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21374001 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (106 posts by 21 users deleted.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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December 03, 2018, 07:09:26 AM

...5x in five years, is quite well in a kind of 100% per year arena ...

Well, no. 100% annual gains for five years is 32x.

Sure, technically you are correct, but you already likely saw the way that I was explaining, so you are merely trying to throw in some irrelevant technical mumbo jumbo that is not relevant to the point that I was attempting to make.   So, I averaged per year after taking the overall gain for that period.  These are largely approximations, anyhow, based on my own system of calculation and approximation.

Perhaps, based on my ongoing practices of calculating none of my prior calculations would be correct, but I don't really care.

 For example, when I got into bitcoin I had approximated that my equities type investments, largely index funds and some of them within 401k like plans, had averaged about an annual return of 5.5%.  I am not sure whether my then calculations were correct or not, but I did not give too much of a shit, because I was making a ballpark calculation for what I thought might be a reasonable average return for BTC over an extended period of time.  Therefore, if my return in bitcoin was in the ball park of the return of my traditional investment, then I would be feeling fairly good about my BTC investment. 

In sum, even if I am mischaracterizing my return in some sense, I think that i sufficiently described how I arrived I don't give too much shits, except to figure out if I need to make changes to my bitcoin investment as compared with other investments that I have.  In the end, I have no other traditional investments that even come close in the ballpark of my BTC returns.  Maybe at some point, I may need to reconsider my BTC investments, but I doubt that it really matters too much, especially, there will likely be a time in which I am going to begin to consider periodic withdrawals from my BTC investment too.... although, if BTC does progress in a world money direction, then that kind of a factor might continue to suggest to employ Gresham type principles including continuing to spend what is perceived to be less valuable money first (the money that seems least likely to appreciate or to have decent signs of value stability). 

In that regard, I long ago got rid of my bcash shit, even though folks, such as yourself, purport to perceive that it is prudent to make such allocations with your value (banking on some kind of decent future value with that seeming turmoil of crap), and of course, spending dollar based assets first might continue to be a decent spending practice - even though if the BTC price goes shooting up again, in akind of exponential price boom, as it has done historically, then it can be more prudent to cash out a bit larger amounts of bitcoin because of the wave like patterns that come when an asset has higher levels of volatility.
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1569021612
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nutildah
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December 03, 2018, 07:13:59 AM

as if 90% of us wouldn't behave the same way given the opportunity

Fuck no we absolutely would not post that shit to social media with our personal brands splashed across it

+1

But yeah its like who in their right mind does that? Nobody

At least Hugh Heffner's photos were job-related.

Whether I hired multiple whores 30 years my younger (OK... in 10-20 years from now) or not I certainly wouldn't be boasting online about it.
bitserve
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December 03, 2018, 07:14:52 AM

So..... the last resort now is for a short rekt happening soon?
JayJuanGee
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December 03, 2018, 07:15:12 AM

...5x in five years, is quite well in a kind of 100% per year arena ...

Well, no. 100% annual gains for five years is 32x.

Words are his strong suit, not the maths. Contrary to his percentages he pulls out of nowhere, now we see there is actually no basis for his statistical analysis.  Wink

25 = 32  Cheesy

There are a lot of folks who are smart with their maths, but have difficulties expressing their ideas and difficulties describing which ideas are priorities or relevant.  I would not get so smug if I were you, poolminor... but hey do what you want.  I have seen quite a bit of dumbass, emotional, nonsubstantiated bullshit coming out of your keyboard, for whatever that is worth.   Roll Eyes Roll Eyes
HairyMaclairy
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December 03, 2018, 07:24:00 AM

Look I don’t think you can call Jbear autistic.  His methods are unsound but he shows awareness of his surroundings and of others.
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lose: unfind ... loose: untight


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December 03, 2018, 07:28:38 AM
Merited by PoolMinor (1)

Data/information is only as good as its source. Highest level being 15, not bullish. Edit: Bitcoin Cash has a "16". 

Bitcoin SV? 100.

#justsayin'
gwaur
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December 03, 2018, 07:38:29 AM
Last edit: December 03, 2018, 07:52:31 AM by gwaur

Magicpoopcannon threatens $1163.  Which is a shower of shit & glitter.  There's nothing wrong with the chart though.



https://www.tradingview.com/chart/BTCUSD/4v3ESqPO-Possibly-My-Most-Important-Bitcoin-Analysis-Ever-BTC/
yeah... there's still a chance that we might bounce off 2500-3000 in January, but i fully expect the bear market to extend into Q2/Q3 and bottom out at the previous ATH.
anyhow, watch out for the January sell-off. people are still holding back on cashing out because taxes, but the beginning of 2019 may be harsh.
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lose: unfind ... loose: untight


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December 03, 2018, 07:42:14 AM


RotflmFao.

The Potheads will bring us back to 4200 and that is SOMA!




SOMA?

Self-Oscillating Mixer Array?

https://acronyms.thefreedictionary.com/SOMA

No, it's a much tighter algorithm than that!

It's closer to this.

Looks like I arrive in time for the dump.


Smoking Outstanding Marijuana, Aye!

SOMA? I think d_eddie owns that trademark. Straight Outta My Ass or somesuch.
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December 03, 2018, 07:43:23 AM

I mean a literal pidgeon.

Did he? I don't recall ever coming across Nietszche's love for a pigeon lol.

that was Tesla


Elon Musk?

No, the car.  Grin
bitserve
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HODL.


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December 03, 2018, 08:02:50 AM
Last edit: December 03, 2018, 08:16:50 AM by bitserve


Look. I will give you an advice and I will do it only once: Repeated blatant alt shilling is not allowed here.

You want to enlighten us with some really important news of an alt, more so if it could have some impact on Bitcoin? Fine.

But if all you do is keep posting alt related nonsense the WO is not place for you. That is not welcome here. Get it?

Now behave or get the fuck out.

Thanks for your understanding.
HairyMaclairy
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December 03, 2018, 08:04:23 AM

Alright I’m out for now.  We are wandering aimlessly in the middle of a bear pennant, with shorts dangerously high.  The price could go anywhere.



PoolMinor
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December 03, 2018, 08:13:11 AM

Data/information is only as good as its source. Highest level being 15, not bullish. Edit: Bitcoin Cash has a "16". 

Bitcoin SV? 100.

#justsayin'

Actually only 86 currently...was 100 2 weeks ago.


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December 03, 2018, 08:17:20 AM

He called the bottom at $10k.

He called the bottom at $6k.

He called the bottom at $3.5k.

Eventually he will be right. 
Bottom is $0. Bitcorn was worth nothing a few years ago. I'm the greatest guru mankind has ever seen.
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December 03, 2018, 08:24:02 AM

I start to think that maybe we, humans, set ourselves on some kind of a suicide path.

I don't want to sound like Ibian, but we probably have headed our boat for catastrophe. Not much we can do now though. May as well enjoy Rome before it burns.
I don't understand what makes people subscribe to this narrative. What makes you think that we're heading for disaster when just about everything has been getting better on average for the past however many decades?

I'm more worried about a meteor smashing earth than humans fucking anything up before someone banking on a solution for whatever problem. And I'm not really worried at all.
HairyMaclairy
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December 03, 2018, 08:26:04 AM
Last edit: December 03, 2018, 08:43:33 AM by HairyMaclairy

ORLY?

mindrust
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The charts never lie.


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December 03, 2018, 08:27:07 AM

WTF are these questions? They are going way too far.... Soon they will be demanding workplace confirmation or relatives information.....

These exchanges are banks.

Fuck banks.

I know there are lots of people who want to do shitcoin trades constantly but it is just too much risk at this point.

It is either dex or hodl now.
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December 03, 2018, 08:28:32 AM


imagine that 128 moths would be terrible long F*** who would even make up such a meme Roll Eyes

https://twitter.com/LordCatoshi/status/1069319697550725121

what some guys make up Roll Eyes fun to watch ...^
Check the 10 year chart on Deutsche Bank's stock:

https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/stock-price-history
PoolMinor
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XXXVII Fnord is toast without bread


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December 03, 2018, 08:34:31 AM

past 12 months??


https://bitcointalk.org/index.php?topic=178336.msg48382604#msg48382604

Mind you these are independent searches, not in comparison to each other.
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December 03, 2018, 08:35:01 AM
Merited by jojo69 (1)

I need some help guys.

I feel like I need a gimmick to differentiate my brand from the other WO merit front-runners.

Mic has the contests, Homer has the hat thing, Bob has his whole awesome gayblackcowboy persona, LotV8s has the no sleep instantaneous news aggregation nailed down...

I just feel like I need a hook to continue to compete at this level, any ideas?

I always thought we could do with a cross-dressing singer to rally our spirits up in bearish times with heartfelt torch songs.

We have enough people here with studio gear to pull off a mix or two...
JayJuanGee
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December 03, 2018, 08:36:43 AM


Look. I will give you an advice and I will do it only once: Repeated blatant alt shilling is not allowed here.

You want to enlighten us with some really important news of an alt, more so if it could have some impact on Bitcoin? Fine.

But if all you do is keep posting alt related nonsense the WO is not place for you. That is not welcome here. Get it?

Now behave or get the fuck out.

Thanks for your understanding.

Seems that infofront should delete those kinds of posts, especially if there is not any kind of attempt, like you said bitserve, to relate the matter to bitcoin (or more specifically bitcoin price dynamics)
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