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

[realr0ach]

Maybe you just want to piss r0ach...

Of course his post was complete nonsense, but the real gamechanger at play really is nothing what either of us mentioned so far.  It's what the unit of account is for world energy prices.  You're currently living in a completely delusional, nonsensical, unsustainable world because the unit of account for oil is dollars.  This means you can print something imaginary to conjure something real out of thin air - or better explained, it's real purpose is to steal resources from other countries.

The dollar is a mechanism for stealing, both from other countires and it's own people.  International banking has Jewish roots, so nobody is spared from the theft.  On a finite planet, it's not really possible for a scheme like this to last for long.  Eventually something finite and linked to physical reality has to be linked to something else finite to be the unit of account.  So then you have a situation of someone claiming "oh, the cost of production for gold is like $1100 and $15 for silver with the majority of it's price being derived from things like diesel fuel".  

Now, answer me what is the cost of production for gold and silver if purchasing the oil that makes up the majority of it's cost of production price has to be paid with gold and silver instead of dollars?

[jojo69]

gold, guns, ammo, booze, transceivers

everything good is too heavy for a bug out bag


I need a bug out B-17

[bones261]

When it comes to gold and silver, all I have to say is bring it on.  "Pikes Peak or bust."

[bitserve]

Of course his post was complete nonsense, but the real gamechanger at play really is nothing what either of us mentioned so far.  It's what the unit of account is for world energy prices.  You're currently living in a completely delusional, nonsensical, unsustainable world because the unit of account for oil is dollars.  This means you can print something imaginary to conjure something real out of thin air - or better explained, it's real purpose is to steal resources from other countries.

The dollar is a mechanism for stealing, both from other countires and it's own people.  International banking has Jewish roots, so nobody is spared from the theft.  On a finite planet, it's not really possible for a scheme like this to last for long.  Eventually something finite and linked to physical reality has to be linked to something else finite to be the unit of account.  So then you have a situation of someone claiming "oh, the cost of production for gold is like $1100 and $15 for silver with the majority of it's price being derived from things like diesel fuel".  

Now, answer me what is the cost of production for gold and silver if purchasing the oil that makes up the majority of it's cost of production price has to be paid with gold and silver instead of dollars?

I don't know why would someone have to pay oil with gold and silver instead of dollars... But, since you insist that the cost of production is what marks the price bottom and also that oil is the most important factor of that cost of production I will tell you "the real gamechanger at play really is nothing what either of us mentioned so far":

OIL PRICES ARE GONNA DUMP HARD IN THE NEXT DECADES. FUCKING HARD. MORE THAN YOU CAN EVEN IMAGINE.

So there's that.

[realr0ach]

When it comes to gold and silver, all I have to say is bring it on.   "Pikes Peak or bust."

One reason why financial armageddon is taking so long, besides the fact they want people to be stuck in fiat dollar enslavement forever, is the fact most of these people are psychopathic control freaks.  Many of them want only gold to have value and be the unit of account, others are for a bi-metallic solution, others want only gold to have value but they also know it's completely impossible to stop the rise of silver with it having much higher percentage gains.

Some are just going senile and don't even understand attempting to force only a gold standard is pointless when places like India hold so much gold, so going mono-metallic instead of bi or tri-metallic is completely pointless and just gives way too much power to 3rd world nations like India over everyone else.  So no matter how much kicking and screaming they do, the most likely outcome is not a gold only standard, but more likely tri-metalic just like the old days with gold, silver, and even copper all seeing significant use.

[PoolMinor]

[xhomerx10]

gold, guns, ammo, booze, transceivers

everything good is too heavy for a bug out bag


I need a bug out B-17

 Doable when bitcoin moons

[PoolMinor]

Litecoin up by $2 in the last 5 minutes. BTC to follow
It's a trap

[Toxic2040]

gold, guns, ammo, booze, transceivers

everything good is too heavy for a bug out bag


I need a bug out B-17

Can I interest you in a upgrade?  156,500btc  per unit @ current prices..or you can BR the whole program for 1.5 million btc.   100 tonnes to LEO, the Moon or Mars.



p.s. Breaking thru that resistance right now it appears. Nice hodl rally.  

[JayJuanGee]

Adjusting my market positions. I set a take profit limit on the last of my short BCH, and I'm getting out of BTC too as soon as the dust settles. I don't want to spend the holidays looking at candles on a screen. I mean, unless there's a real reason for it 

If possible, whales like to strike during the holidays... just to ruin dee moo. 

[bitserve]

Either it is just starting... or this is the weakest weekend pump ever!

[byebyehi]

[JayJuanGee]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges. 

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.

I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha

https://bitcointalk.org/index.php?topic=345065.0

[nikauforest]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges. 

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.

I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha

https://bitcointalk.org/index.php?topic=345065.0

Yes, that is a good strategy. I also use this strategy and I have been relaxed about the decline. I have started to scale back in now. It has all been house money for years now as I took out my original investment many moons ago.

Whatever happened to rpietila ?? He had a castle and went insane...or kinda lost the plot? He had some game or virtual world going as well. He made some really good posts years ago.

[Toxic2040]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges. 

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.
I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha
https://bitcointalk.org/index.php?topic=345065.0

I found much of what he said fascinating..when he wasn't frying balls. Later..not so much. Here Jjg..some light reading for in between candle watching..
http://consc.net/event/reef/huntkicking.pdf

[xhomerx10]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges.  

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.

I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha

https://bitcointalk.org/index.php?topic=345065.0

Yes, that is a good strategy. I also use this strategy and I have been relaxed about the decline. I have started to scale back in now. It has all been house money for years now as I took out my original investment many moons ago.

Whatever happened to rpietila ?? He had a castle and went insane...or kinda lost the plot? He had some game or virtual world going as well. He made some really good posts years ago.

 You didn't hear?  His castle burned down.



credit: https://btcmanager.com/burning-long-term-holders-bitcoin-castle-marks-beginning-new-era/

[infofront]

Silver bubble continues to break downwards...Edit: Good support at $5 / ounce so price due to fall another 66% then stabilize

Who could have possibly guessed the zionist kike in the thread would *gasp* tell lies to try and trick the goyim from acquiring real money at the floor and instead attempt to persuade them into buying imaginary, valueless digital tokens instead?  They are pretty much out of room for further metals manipulation to the downside in the long view, but short term, unsustainable tricks are always possible:

The handle has fallen too far. Generally, the handle can only retrace about 1/3 of the way down the right side of the cup. In the case of silver, it's plunged ~70%, not adjusted for inflation.

[NJB18]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges. 

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.
I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha
https://bitcointalk.org/index.php?topic=345065.0

I found much of what he said fascinating..when he wasn't frying balls. Later..not so much. Here Jjg..some light reading for in between candle watching..
http://consc.net/event/reef/huntkicking.pdf

If only I read this and realized the risks earlier. I continued to hodl nearly all my bitcoins and alts. And now it seems I need a job in 2019.

Do you people think NASDAQ will still list bitcoin?

[nikauforest]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges.  

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.

I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha

https://bitcointalk.org/index.php?topic=345065.0

Yes, that is a good strategy. I also use this strategy and I have been relaxed about the decline. I have started to scale back in now. It has all been house money for years now as I took out my original investment many moons ago.

Whatever happened to rpietila ?? He had a castle and went insane...or kinda lost the plot? He had some game or virtual world going as well. He made some really good posts years ago.

 You didn't hear?  His castle burned down.



credit: https://btcmanager.com/burning-long-term-holders-bitcoin-castle-marks-beginning-new-era/

Oh wow...No I did not hear about it. Thanks for the link.

[Searing]

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.

This strategy allows you to become rich and protect you from becoming poor lol

Provides some insurance without gambling too much of your stash.

You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.

Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges. 

Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.
I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread.  Ironic, perhaps, that he would be a "sane" recommender... hahahahaha
https://bitcointalk.org/index.php?topic=345065.0

I found much of what he said fascinating..when he wasn't frying balls. Later..not so much. Here Jjg..some light reading for in between candle watching..
http://consc.net/event/reef/huntkicking.pdf

If only I read this and realized the risks earlier. I continued to hodl nearly all my bitcoins and alts. And now it seems I need a job in 2019.

Do you people think NASDAQ will still list bitcoin?

Why I panic sold 13 BTC like a small 9-year-old girl (with much sobbing). The whole idea of crypto was to retire 3 years early (2.5 years to go) before full retirement on traditional investments and

social security at 66 years and 2 months. (thus still 'hoarding' crypto....was mining..that boat sunk, along with altcoin angle. Sigh.)

As much as I like crypto and BTC etc and HODL mode, I like not working for any 'idiot boss' much better.

Did sell ASIC equipment for 4 BTC, so my 'panic 9-year-old sell' of 13 BTC is now only 9 BTC.

Chump or Champ. I'm always in one camp or the other camp.

I swear, I should make all decisions on cyrpto with a 'coin toss', I'd likely do 'much better'

FML