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

[BTCMILLIONAIRE]

This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.

How very close though? January's almost never been a good month, historically.

Whale accumulation month?

[BTCMILLIONAIRE]

Sometimes i think it only needs 17 millions people to buy one bitcoin and hold, and then the price seems strangely ridiculously low

Some ~500m claim to own some crypto. Not all of those will own Bitcoin, and most will own small fractions barely distinguishable from dust. Majority of retail investors are panic dumpers too when left to their own tools. Then there's technical trading. I don't really think the price is "strangely" low at all, especially if you consider the FUD and smear campaigns by big finance on top of the aforementioned facts.

As soon as the bankers decide they have shaken the tree for all it's worth we will be seeing a pump with corresponding reports on all the regular news channels about how there is only 21 million ever. That word will get out when they want it dished out to the unwashed masses and then the sheeple will FOMO and if your not in by then then you have missed the last chance to get multi times profit.

Been saying it forever, but I don't mind them shaking the tree for a lot longer. If we go into a long winter I'll multiply my Bitcorn stash with trading shitcoins. If we go into another rally my Bitcorns will be worth more. In the long term the former scenario would be much nicer for me, but if we just go straight back up I won't complain. In fact, in the short-term I'd be much happier with a BTC rally than with accumulating corn. Fuck you short-term brain.

[BTCMILLIONAIRE]

This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.

bottom was @ $420 when i had evil biker gangs telling me btc was a scam... expect sub $1000 soon and hopefully stiff jail sentences for all the scammers (icos&tokens) ...then mabye we bounce\\\///\\/// weeeeeeeee

With all the wees and the annoying nonsense, there's something to be saved once in a while.

I also think that a few exemplary sentences for obvious scams would be a good thing for mainstream finance adoption. Long overdue.

I'm not sure someone who can't identify obvious scams by applying common sense would be capable of staying safe even with exemplary sentences. BitConnect was just way too funny from start to end.

[Last of the V8s]

https://m.facebook.com/lucky.green.73/posts/10155498914786706
https://archive.is/5XXHF
Timothy C May rip

further eulogy by @shinobi here: https://youtu.be/cvbm0YlKV04
a recent interview with him https://www.youtube.com/watch?v=MgmTnRivwXw

https://activism.net/cypherpunk/crypto-anarchy.html

https://www.wired.com/1993/02/crypto-rebels/

[Raja_MBZ]

...at $1700/BCH

[Toxic2040]

https://m.facebook.com/lucky.green.73/posts/10155498914786706
https://archive.is/5XXHF
Timothy May rip

further eulogy by @shinobi here: https://youtu.be/cvbm0YlKV04
a recent interview with him https://www.youtube.com/watch?v=MgmTnRivwXw

+5 WOsMerit's

Ad Astra Tim.  

Allow me to close this post with an editorial note: if you want to honor Tim and his work with Cypherpunks, do not read the Wikipedia article on Cypherpunks. Just ignore it. That is what Tim did.
The Wikipedia article is a steaming piece of editorial dreck that appears to have been largely authored by brand ruboff-seeking sycophants and (at best) hanger-ons and more likely non-participants. There is hardly any word of truth to the article, in particular when it comes to the list of supposed Cypherpunks participants and their supposed contributions.
Instead, do what Tim would have done: close that browser window and pour yourself another Bourbon.
Those who were there, fighting at the front lines of the Cypherpunks trenches, such as Tim, know the truth. The hell with those seeking credit to whom little or no credit for those days and this massive effort that Cypherpunks was is due.

[VB1001]

It is a very young market, the dominant position is BTC
I prefer to be Full Bitcoin.
Bitcoin can be investment or not, but it is better to think long term.

(But each personal situation is different and depends on the moment of entry into Bitcoin.)

[infofront]

yeah man i know, but i'm just not the marrying guy 

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

[empowering]

https://m.facebook.com/lucky.green.73/posts/10155498914786706
https://archive.is/5XXHF
Timothy C May rip

further eulogy by @shinobi here: https://youtu.be/cvbm0YlKV04
a recent interview with him https://www.youtube.com/watch?v=MgmTnRivwXw

https://activism.net/cypherpunk/crypto-anarchy.html

https://www.wired.com/1993/02/crypto-rebels/

R.I.P to a great man 

[LFC_Bitcoin]

yeah man i know, but i'm just not the marrying guy 

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

I read somewhere that if you move to & marry in the south of France then in the event of any divorce the guy gets everything.

[El duderino_]

yeah man i know, but i'm just not the marrying guy 

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

Yeah marrying isn’t really with any benefits....

And i’m Married already.... fall in love with my BTC’s and married Some cold wallets, sometimes a man gotta do what a mens gotta do

[El duderino_]

yeah man i know, but i'm just not the marrying guy 

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

I read somewhere that if you move to & marry in the south of France then in the event of any divorce the guy gets everything.

via Imgflip Meme Generator
@LFC
Its Nice down here, but F***ing cold

[d_eddie]

yeah man i know, but i'm just not the marrying guy 

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

Indeed, the transition from gf to wife never, ever, makes a woman any better.
Luckily, I think our friend Mic isn't too eager to lock himself in a cage, however golden it might be. 

[Globb0]

need to wear a beer jacket

[LFC_Bitcoin]

yeah man i know, but i'm just not the marrying guy  

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

I read somewhere that if you move to & marry in the south of France then in the event of any divorce the guy gets everything.

via Imgflip Meme Generator
@LFC
Its Nice down here, but F***ing cold

Haha!
Enjoy yourself mic! Are you going to the Beatles Museum? Lots of tourists like to go there & The Cavern Pub, it’s where they used to play before they got famous.

You won’t struggle to find bars

I think the winter market is on by the docks, lots of cocktails, ice skating & stuff like that, near Malmaison Hotel.

[El duderino_]

need to wear a beer jacket

I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing

[LFC_Bitcoin]

need to wear a beer jacket

I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing

Tomorrow pre match - The Sandon or The Albert for the best pre match atmosphere.

[El duderino_]

need to wear a beer jacket

I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing

Tomorrow pre match - The Sandon or The Albert for the best pre match atmosphere.

Thx for the info Will check Some things out

[serveria.com]

First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Looking back that's what I'd most definitely do - sell all @20k and rebuy at 3k (all in)    Unfortunately (or luckily) I'm not a trader but a HODLer.

[bitserve]

I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

Brilliant post.

I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

If you can't bring yourself to do that then you either have the wrong price or proportion.

At the $10-15,000 level loads of people will be back in the black and it may sit there and not do much. That's a humongously more relaxing time to do to.

Yes, setting milestones is very important and everyone should do it in some percentage but, even if someone hasn't reached those milestones or extracted enough... when the obvious signs of being in the final phase of the bubble come it is the time to FUCKING HURRY UP

Also, when taking profits, it is extremely important to really "take them" I mean, if you just leave them on the side, you will be very tempted to use them at the very next dip. So, either extract them for good or, at least, set another milestone in which you will use them to rebuy (ie, at half the price you sold, etc) and stick to the plan. It is of course possible, to decide some percentage to be taken "for good" and some higher one for trading/rebuying in the bear market.

That's a nice price target to get some percentage of profits during the next bull run, yeah. I suspect (as d_eddie already suggested) the next bull run will have different price dynamics and much more people will be taking profits on the way up than this time so the uptrend will be smoother and more prolonged in time.... until the final stage that most probably will be as explosive and short as every single time in the past.

Thanks for the comments and positive feedback! When I finish my posts writing about my mistakes I will try to combine it all in one single text and include some of this suggestions. Might come handy during the next bull run.