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

[JayJuanGee]

I prefer shorts REKT smells

I concur.

Know what I miss? I miss those times of excitement and joy where every other day was a new ATH. The rush of watching Bitcoin bounce at each dip and starting to eat every wall in his path to a new ATH. And then the explosion of adrenaline whilst it reached prices never seen before. Yeah, those times were good. And fun. I miss all that.

@bitserve - Those times will be back but this time we’ll be better prepared as in knowing what to sell at what price!

Yup. I don't plan to sell a lot. But I don't want to feel like a complete idiot like this time. That's for sure.

I may be like the only one that has JUST been slowly accumulating since early 2013. Thats nuts, ain't it?

Everyone is gonna be different regarding how long it takes them to accumulate. It took me a year until the end of 2014, and then mostly maintenance thereafter. 

If it took you more than 5 years then it shows that likely you were in a different stage of your financial life or other circumstances including maybe either conservative investment style or perhaps fear about bitcoin as an investment 

[realr0ach]

Yup. I don't plan to sell a lot. But I don't want to feel like a complete idiot like this time. That's for sure.

I may be like the only one that has JUST been slowly accumulating since early 2013. Thats nuts, ain't it?

Whether you want to try and skim profits off trading shitcoin pump and dumps is one thing, but it's hard for me to rationalize having anything other than physical silver as a main position right now:

[yefi]

The overall feeling was similar to other bear markets - agony, despair, etc. However, many of us took to heart the rumors of bitcoin's demise. It seemed likely that bitcoin would, at best, remain something of a hobby for cypherpunks. OTOH, the despair was different. It was more about the loss of a dream, and less about the loss of money. Since BTC was so cheap, most people only had like a few grand invested, at most. Unlike Dec. 2017-18 when even the shoeshine boy lost $100K+.

You guys deserve respect for persevering through that. You pretty much blazed the trail that we could look back on for confirmation that Bitcoin would survive the worst.

[realr0ach]

The overall feeling was similar to other bear markets - agony, despair, etc. However, many of us took to heart the rumors of bitcoin's demise. It seemed likely that bitcoin would, at best, remain something of a hobby for cypherpunks. OTOH, the despair was different. It was more about the loss of a dream, and less about the loss of money. Since BTC was so cheap, most people only had like a few grand invested, at most. Unlike Dec. 2017-18 when even the shoeshine boy lost $100K+.

You guys deserve respect for persevering through that. You pretty much blazed the trail that we could look back on for confirmation that Bitcoin would survive the worst.

^He forgot to mention the crash was engineered then In-Q-Tel bought up all the shitcoins at $2.  Shilling for shitcoins indirectly funds US intelligence, unless you follow the "how to make a mint" perspective, then it would be directly funding US intelligence instead of indirectly.

[marcus_of_augustus]

^socialists and statists are the worst not because they are detestable but since they are pitiful.

their hearts are generally in the right place but their heads are full of bad ideas, unfiltered emotions and misinformation ... somewhat like children and pets.

[HairyMaclairy]

The overall feeling was similar to other bear markets - agony, despair, etc. However, many of us took to heart the rumors of bitcoin's demise. It seemed likely that bitcoin would, at best, remain something of a hobby for cypherpunks. OTOH, the despair was different. It was more about the loss of a dream, and less about the loss of money. Since BTC was so cheap, most people only had like a few grand invested, at most. Unlike Dec. 2017-18 when even the shoeshine boy lost $100K+.

You guys deserve respect for persevering through that. You pretty much blazed the trail that we could look back on for confirmation that Bitcoin would survive the worst.

Word.  Thank you for the write up. 

[hisslyness]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Didn't get a thing: what private keys? The website is down from here...

That site was a joke. Sure it gave lists of private keys with corresponding addresses, but good luck finding a private key for an address with coins in it. I believe the 1st pages had some hits of actually used private keys/addresses. But that is because I believe someone had used a really dumb private key like the equivalent of using the number one.

WARNING: DO NOT go looking for your privkey/BTC Address on the this site!

[Hueristic]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Low quality trolls will get you ignored, try harder next time.

https://keys.lol/bitcoin/856083576414584832184365027012002209974486074049742179003044245104477177635

[realr0ach]

statists are the worst

The emperor has no clothes : /

[BinaryReign]

Dunno why you guys don’t have that retard on ignore. He’s self confessed that he wants to buy at $1,500.
Check his post history, loads of it is in ‘Altcoin Discussion’.

He’s a broke ass troll trying to unsettle & worry weak hands / noobs.

Ignore

Wait, what? I thought serveria.com was another account of gembitz? When I noticed you sent him a merit, it reallyconfused me!

[gembitz]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Low quality trolls will get you ignored, try harder next time.

https://keys.lol/bitcoin/856083576414584832184365027012002209974486074049742179003044245104477177635

https://motherboard.vice.com/en_us/article/nzpv8m/the-large-bitcoin-collider-is-generating-trillions-of-keys-and-breaking-into-wallets

 

WEEEEEEEE

===>

https://lbc.cryptoguru.org/stats

[Hueristic]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Low quality trolls will get you ignored, try harder next time.

https://keys.lol/bitcoin/856083576414584832184365027012002209974486074049742179003044245104477177635

https://motherboard.vice.com/en_us/article/nzpv8m/the-large-bitcoin-collider-is-generating-trillions-of-keys-and-breaking-into-wallets

 

WEEEEEEEE

===>

https://lbc.cryptoguru.org/stats

TRY HARDER !!!

The Large Bitcoin Collider, a blue-sky community project to link up everyone's computers in an attempt to brute-force break an element of bitcoin's cryptography, is raising alarm bells—but it's not because anybody thinks the LBC will succeed.

Instead, while looking through the code that LBC contributors must run on their machines, eagle-eyed folks on Reddit noticed something fishy. [b]Basically, the LBC software sneakily runs code on a user's computer without their knowledge or approval[/b]. The software also allows for user-initiated updates to come from anybody, which leaves the door open for hackers to inject your computer with malicious code. This is concerning because, while it's unclear how many people are running the software, interest has exploded over the last week

https://motherboard.vice.com/en_us/article/3d9bv8/the-large-bitcoin-collider-is-a-security-nightmare

[jojo69]

that's it

no more weeeeeeee

[realr0ach]

Gembitz is the type of person that attempts to talk the price down to buy, gets in at $3199, then Bitmain goes bankrupt and with nobody left to manipulate the price up, it implodes to $900.

[infofront]

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

[criptix]

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

i will jump in if we reach 1.5 k  

[Hueristic]

Large walls of quotes from people I have ignored, push those who have quoted them into the same fate. Please keep their words to yourself. Thanks

Meh, I'm fucking with him, get over it.
It's not like I'm quoting the roach.

[jojo69]

WTF?

[JayJuanGee]

By the way, I don't believe the current market move in the slightest. No moon yet, gentlemen. Relax. This is just a longer, slower short squeeze along the way to the final, brutal crevice.

Accordingly - my money where my mouth is - I've closed my short with a small-mid profit (take profit limit just under my entry) and reopened it a bit higher. It's smaller, too, but I'm afraid to make it grow too quickly. An incremental ladder à la (reverse) JJG/JB is better in my experience.

To fellow tactical shorters (I'm thinking HM and others) - LDOH! (that's hodl in reverse).

Some things do not work in reverse.

They are based on different theories, and differing underlying assumptions.

Peeps who only dollar cost average, buy on dips, hodl and perhaps sell a bit on the upside, do not attempt to predict the market, but merely react to it.. so if the price goes down buy and if you run out of money and are uncertain then HODL until ready to buy, sell a bit on the way up, but nothing really that is meaningful, except as a kind of insurance in case it goes down.

The method is not very proactive nor predictive at all, and also presumes both an inability to predict and that in the long term BTC prices are going up.

I am not opposed to your method at all, but I will proclaim both that it seems different, and it also seems to pervert more basic theories, such as mine (and jbreher's) because we don't play around with margin or attempt to predict BTC's direction, except that long term it is going up.

Of course, I have other issues with jbreher's attempts to apply the same principles to other coins, but that is his choice, and so my point would be that it is not necessarily good to apply such same incrementalism laddering principles to other coins unless your presumption is that in the long run they are going up.. which seems like a BIGGER gamble on many of the other coins (non-bitcoin coins, which of course includes all bitcoin forks, including bcash variants).

[JayJuanGee]

Bitcoin needs to get above 10k fast. Irobot has a new model that empties its own bin, and I'm thinking "Man that can make me even MORE of a degenerate pig".....

Oh hell yeah, I could do with one of those myself. Hurry the fuck up BTC , some of us have needs!

As if any of you Hodlers will sell any when we see $10K. Hodlers don't know how to sell.

I think that many of us know how to sell, just we frequently will have some regrets about not selling enough.. and there lies a significant part of the HODLer dilemma.