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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26965368 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. (174 posts by 1 users with 9 merit deleted.)
JayJuanGee
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December 17, 2018, 09:04:14 PM
Merited by Paashaas (1), SidETH (1)

Is JayJuanGee or Micgoossens considered dumbest money in the thread?  There was also that one guy who thought he was "buying the dip" at $15k, but I don't remember his name and don't feel like scrolling back.


Well, there is this one guy named roach, who sold his whole stash of BTC in the sub $600 price arena, and he bought gold and silver.  Thereafter, he has been lecturing how bitcoin is and was not a good investment.

Lot's off opportunity costs have been lost upon this roach fella, and even worse case scenario, at today's prices, he would still be up more than 5x if he had just hung onto his bitcoin.

Probably roach would be considered pretty close to the dumbest money who is actively participating in this particular thread.

I cannot really speak for Micteam because I am not sure if his back patting story really plays out because in some sense he is suggesting that he gets his BTC through gambling, which seems way too good to be true.

However, my own story is that I started buying at $1,200 in late 2013 and bought down to about $200 in late 2014 and throughout 2015, and had an average of about $500 per BTC before my phone got force ported and some other hacks that caused losses in my BTC in early 2017 and raised my BTC price average to around $750-ish.  I am not sure exactly my BTC average at the moment, but it is likely in around the $750-ish arena.

Surely I have made a few mistakes along the way in my BTC investment, strategies and practices (and even though I know that you are a trolling bafoon on this particular naming names point), yet I am not sure why I would be considered within any kind of close approximation of "dumb money" when I have an incrementalism system of selling BTC on the way up and buying BTC on the way down that seems to be quite profitable - even if only in a kind of insurance creation sense - even at today's prices and even with some mistakes that I have made along the way that have increased some of my costs. 

By the way, even though I type a lot, I don't reveal all of my finances and all of my strategies, even though I give broad general ideas about what I do as a kind of brainstorming exercise rather than any kind of attempt to induce anyone to emulate my practices.  Ultimately, I welcome guys and gal, here to engage with me about my various disclosures of strategies, and sometimes, I can be critical about the stated strategies of others, but to get back to the initial point, Roach, your purported strategy to sell BTC in the sub $600 range, not to buy back BTC, to invest in PMs and to participate in this thread that is about BTC price dynamics with your frequently off-topic nonsense seems quite high in level of dumbness of person and dumness of money.
JayJuanGee
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December 17, 2018, 09:12:19 PM
Merited by LFC_Bitcoin (1)

2% up. Almost 3400
Fasten your seat belts guys.

If we get through 3500 our Target is about 5k

To me, it seems that there are several resistance points getting back to $5k, so $5k is not likely to be a cake walk, even though I certainly would like some bears to be rekt in the short-term.
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December 17, 2018, 09:15:09 PM
Merited by Searing (1)


Correct. Luckily though 'most' of the world's population doesn't have any money, relatively speaking. ...

you, sir, have an odd definition of "luck"
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December 17, 2018, 09:15:55 PM

2% up. Almost 3400
Fasten your seat belts guys.

If we get through 3500 our Target is about 5k

I hope so, that’d feel & look a lot better. I’d be happy to go sideways at about 5k for 18 or so months. Lots of time for more accumulation but not too low that you worry we’re going to go to something ridiculous like 1k.

julian071
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December 17, 2018, 09:18:53 PM

I think the final red dildo of doom is still just around the corner.

After which we will go up again. A lot.
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December 17, 2018, 09:22:57 PM
Last edit: December 17, 2018, 09:33:15 PM by Biodom

Darned it.
I was hoping that the prolonged downturn would 'kill' stuff like eos, forks, etc. for good.

Tech advances usually bring only a few old players again for the ride in new bulls:
examples: AAPL, MSFT, who survived many cycles (PC/MAC, early Internet, late Internet/smartphone).
AMZN and EBAY are the survivors of the first internet bull that strived in the second one.

BTC: survived two boom-bust cycles already and is in tail end of the third, hopefully, ready to go into the fourth.
So, this is candidate #1.
However, who would be new dominants (like FB, GOOG)?
Maybe none?

Any candidates?
If there will be, then right now or soon would be the most profitable moment to invest.

I don't really like EOS, and hope it would not become one.
What about tezos, polkadot, blockstack and TON (telegram token)? Will chinese gov-sponsor NEO and/or TRX?

I am not going to sell any btc for those, but i can see myself possibly spending fiat on some of the aforementioned.
Searing
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December 17, 2018, 09:23:16 PM


Correct. Luckily though 'most' of the world's population doesn't have any money, relatively speaking. ...

you, sir, have an odd definition of "luck"

Well, sold some Obelisk Miners and etc, etc for about 4 BTC...thus my panic sell of 13 BTC (panic' like a 9-year-old girl...includining screaming like one)

that was at the $3,965.20 price more or less. Thus 'lucky' and now down to a 9 BTC hoard loss. (The horror!) but a guy has to eat. (retired early)

never know what the f*ck is gonna happen in the BTC and cryptoverse!
JayJuanGee
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December 17, 2018, 09:38:14 PM


You could have tried typing "major newses" and even shown the reference as "alevlaslo" which would have had an eye rolling effect built into it.

 Tongue
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December 17, 2018, 09:38:40 PM
Merited by LFC_Bitcoin (1)

I wonder if days like this drive r0ach to drink.

No.

It drives it to sit on its (tungsten but it doesn't know that) golden dildo and rotate at up to 75 rpm while crying its eyes out.
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December 17, 2018, 09:38:56 PM

I wonder if days like this drive r0ach to drink.
Sewage? In the spirit of Jenkem.
cAPSLOCK
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In all fairyness!


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December 17, 2018, 09:39:29 PM

I wonder if days like this drive r0ach to drink.

LFC_Bitcoin
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December 17, 2018, 09:41:07 PM
Merited by serveria.com (1)

I wonder if days like this drive r0ach to drink.


Actual r0ach footage

BTCMILLIONAIRE
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December 17, 2018, 09:42:23 PM

I wonder if days like this drive r0ach to drink.


https://www.youtube.com/watch?v=SZoiJM1vlfc
JayJuanGee
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December 17, 2018, 09:46:22 PM


Did you have any comment on this, ChinkyEyes?  Presumably, you watched it before posting the link?  Just the title is questionable "crypto", but I did not watch it, yet to see whether there is any content worth 26 minutes of my attention.  Can you give some sense of it besides merely saying that it is "on Bloomberg"?
serveria.com
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Privacy Servers. Since 2009.


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December 17, 2018, 09:47:01 PM

I wonder if days like this drive r0ach to drink.

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  Grin
gentlemand
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December 17, 2018, 09:49:37 PM

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  Grin

That creep only descends on coins that are having a bad time. It skips from thread to thread spewing worthless diarrhea about something it knows nothing about and then disappears again when it gets boring or goes up.
bitserve
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December 17, 2018, 09:51:09 PM

I wonder if days like this drive r0ach to drink.

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  Grin

He always does. If you check his post history you will notice he was weeeeing the bitcoin pump until around $1000. Then he vanished and moved to the altcoins section. Recently, when he though Bitcoin could go as low as his exit price he came back and started weeeeing the dump. Maybe he has lost any hope already.
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December 17, 2018, 09:51:53 PM

I'm more concerned about Gembitz guy. He went missing after the price went up. Most probably he killed himself as he finally realized he won't be able to rebuy at 1500  Grin

Weeeeeee

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December 17, 2018, 09:53:56 PM
Merited by tmfp (1)

People keep throwing this word "adoption" around like it actually means what they think it means.

Bitcoin has been around for nearly a decade now, and the only "adoption" happening with Average Joes is buying low and selling high, hoping to make a profit in fiat. As an investment, period. There's barely any actual e-commerce going on with Bitcoin, not of any magnitude or volume that you could call it real "adoption" with a straight face. Hell, there's barely any major merchant integration at all, and that is after almost a decade. And the actual economics overhead/AML/KYC of crypto actually de-incentivise people to use it for e-commerce.

So if it isn't happening with Bitcoin, then is sure as hell isn't going to be happening with any of the thousands of shitcoins that are out there either.
JayJuanGee
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December 17, 2018, 09:55:26 PM

3500 didn't hold for too long - rally continues to 3600? Wee!

Protip: Using anything other than Bitstamp price is not going to win you any merits Wink

I'm not here to "win merits" dude  Grin

Are you here to provide meaningful information in order that other wall observer thread participants would be able to relate to what you are posting without being mislead?   Tongue Tongue
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