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February 28, 2020, 01:25:34 PM *
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Question: How low will we go before we see $10K again?
<$8,000 - 26 (38.8%)
$8,000-8,200 - 8 (11.9%)
$8,200-$8,400 - 3 (4.5%)
$8,400-$8,600 - 17 (25.4%)
$8,600-$8,800 - 6 (9%)
$8,800-$9,000 - 7 (10.4%)
Total Voters: 67

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21538926 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. (142 posts by 32 users deleted.)
jbreher
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January 28, 2019, 12:02:01 AM

I'm telling them to shut the fuck up and seek out incremental improvements in their own life-style.


No

You are telling those less fortunate than yourself that you are tired of hearing about their problems, that they should be silent and submissive in the face of oppression.  Do so at your peril.

Personally, I have found that nothing quite gets the attention of those in power like the smell of burning Mercedes upholstery.  

So beware of advising people to take concrete actions to improve their conditions rather than attempting it through dialog.

It has perhaps been too long since certain folks were reminded that the guillotine remains an option.
Illiteracy is far too rampant for 2019.

"Spending time on complaining that could have been spent on finding incremental solutions is retarded/unproductive."

Last paraphrasing I'll do on this. Good luck with your blindfold if you still (apparently choose to not) get it though.


Spoilers: Advocating is not complaining. And slaves can't advocate for themselves if they're captive, so even attempting to make that argument proves that you didn't understand mine in the first place and were simply looking to make unpolitical life advice political. @HM

I don't think Jojo is at all illiterate, nor do I see your 'life advice' as unpolitical.  How can being so dismissive of other views by calling them illiterate, or dismissing advocacy on behalf of those experiencing modern slavery, as Hairy I recall was (which it is reasonable to say with some certainty does exist) come from anything but a dogmatic, if not patently political stance?

I believe that BTCMILLIONAIRE's characterization of illiteracy has to do with the fact that all the counterpoints to what BTCMILLIONAIRE has been writing have nothing whatsoever to do with what BTCMILLIONAIRE has actually been writing. The fact that the responses are so far afield from BTCMILLIONAIRE's written points displays an inability of the counterpointers' to actually comprehend what BTCMILLIONAIRE has written.
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BTCMILLIONAIRE
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January 28, 2019, 12:09:50 AM

I'm telling them to shut the fuck up and seek out incremental improvements in their own life-style.


No

You are telling those less fortunate than yourself that you are tired of hearing about their problems, that they should be silent and submissive in the face of oppression.  Do so at your peril.

Personally, I have found that nothing quite gets the attention of those in power like the smell of burning Mercedes upholstery.  

So beware of advising people to take concrete actions to improve their conditions rather than attempting it through dialog.

It has perhaps been too long since certain folks were reminded that the guillotine remains an option.
Illiteracy is far too rampant for 2019.

"Spending time on complaining that could have been spent on finding incremental solutions is retarded/unproductive."

Last paraphrasing I'll do on this. Good luck with your blindfold if you still (apparently choose to not) get it though.


Spoilers: Advocating is not complaining. And slaves can't advocate for themselves if they're captive, so even attempting to make that argument proves that you didn't understand mine in the first place and were simply looking to make unpolitical life advice political. @HM

I don't think Jojo is at all illiterate, nor do I see your 'life advice' as unpolitical.  How can being so dismissive of other views by calling them illiterate, or dismissing advocacy on behalf of those experiencing modern slavery, as Hairy I recall was (which it is reasonable to say with some certainty does exist) come from anything but a dogmatic, if not patently political stance?
I am not dismissive of others' views whatsoever. In this case people were constantly misrepresenting my words either through stupidity, laziness, or by deliberation.

You can try to show me at what point my quote becomes political, however, you will fail to do so without adding extra information that wasn't present in my words. Politics have nothing to do with this statement whatsoever, yet some people here are so caught up in political bullshit that they try to make everything so, and then argue from that position.

I treat people with the respect they deserve, and when they make my unpolitical statements political or make up arguments on my behalf and then try to write me off as evil I will react accordingly. Not because I care about their opinion, but because people who are too emotional or even stupid to realize their hypocrisy by themselves need to be shut down with their own weapons. Otherwise they clearly don't get it (as proven by the lengthy and multiple posts that I've made elaborating on their fallacies).

I don't even particularly care if the perpetrators in this case understand what the fuck they're doing. But some of the, possibly lurking, readers might find something they've missed previously. Such as dumb fucks making up arguments deliberately or for any other reasons on behalf of others and then either genuinely believing that they're doing something good, or acting as if they were. This is without a doubt the worst human quality plaguing society. Because real evil is often obvious when you see it, and is much easier to fight against than idiots who act nice and in reality just fuck everyone, including themselves, over.

Some of the issues described here (manipulation, omission, laziness, dishonesty) are used in Politics to manipulate, but they're fundamentally human errors and not political issues. If you see Politics in this that's on you, not on the content of my post.


At the end of the day people, made an unpolitical post political by making up random horseshit scenarios that didn't even fit my statement in any shape or form beyond sharing a word or two. But by that line of reasoning you're all Hitler and Jews.
Not sure why it takes a roman to point out what should be obvious: Don't twist people's words if you're going to bother engaging in a conversation (of course unless you have some weird ulterior motives, then good luck with that).


tl;dr

I believe that BTCMILLIONAIRE's characterization of illiteracy has to do with the fact that all the counterpoints to what BTCMILLIONAIRE has been writing have nothing whatsoever to do with what BTCMILLIONAIRE has actually been writing. The fact that the responses are so far afield from BTCMILLIONAIRE's written points displays an inability of the counterpointers' to actually comprehend what BTCMILLIONAIRE has written.
+1 WO
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January 28, 2019, 12:35:53 AM
Merited by ssmc2 (1)


D


That chart does not give a very confident outlook. At the very least it would indicate the recovery will be slow, or sideways for a number of months.

We cannot rule out another leg down to a new low, but if $3200 holds for another few months, with 10-20% upside progress, that will then look quite postive.

Way too early to go all in.

The best news is that speculative price activity will not be distracting talent from real progress like proper appropriate regulation and better development.
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January 28, 2019, 12:38:33 AM
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This certainly looks like a doji of some sort on the weekly to me and is the strongest sign I have seen of a change or reversal. As you have seen from the large daily chart I posted earlier we are sitting on a 0.618 fib from the beginnings of the 2017 bull run. This support level has proven resilient so far yet change is in the winds imho. If we continue at these levels and end the month in this range it would certainly solidify the possibility that we have reached a swing low. Of course on the other hand if this is all bullsh*t then I would expect another downwards leg sooner rather than later. #dyor

W


M

#stronghands'19  #btd
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January 28, 2019, 12:45:10 AM

Best sunday in months

Good evening/night gentlemen

Micg——->into ——> HODLstation
Toxic2040
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January 28, 2019, 12:47:21 AM


That chart does not give a very confident outlook. At the very least it would indicate the recovery will be slow, or sideways for a number of months.

We cannot rule out another leg down to a new low, but if $3200 holds for another few months, with 10-20% upside progress, that will then look quite postive.

Way too early to go all in.

It was meant to give some perspective and to illustrate that perhaps we are sitting on a razors edge of support. It could also mean, damn we have been going downwards for a long time now. I am happy to report that I dont think it will  be long before we know which direction the market is going.
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How much alt coin diversification is needed? 0%?


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January 28, 2019, 01:05:36 AM

Way too early to go all in.

Is there ever a time to go "all in"?

I understand that you are not talking about 100% of a guy(gal)'s total investment portfolio, but likely instead you are referring to NOT going "all in" with what portion of value the guy/gal has allocated towards bitcoin investing.

Personally, I never recommend going "all in" but instead always being prepared for either price direction (both in other words).

Let's say, for example, a guy/gal had a Majormax kind of vision, and sold a vast majority of his/her BTC holdings at various stages between $10k and $19k.  This Majormax foresight person has relatively strong conviction about BTC price direction going down, so s/he sold about 80% of his/her BTC holdings between $10k and $19k (held onto about 20% just in case.. perhaps a bit of practicality holding onto 20%?).  

Personally, I recall that you said that you did not sell a large amount of your position, but regarding hypothetical person, has such person bought some of that sold back, yet?  1/3 of it?  Half of it?  2/3rds of it?  

Given my presented hypothetical, what's your BTC buy back allocation recommendation for hypothetical person, now, Majormax?  

Certainly, I am too much of a chicken to sell major amounts of my BTC, so I would have long ago bought back more than 2/3 of the proceeds that I had sold (which I actually did in real life), and in this regard, I have continued to remain much more nervous (or scared) about missing out on upwards BTC price moves rather than missing out on downward buying opportunities.  

What about you? What about Majormax vision hypothetical person?  What are you recommending here on a practical level for the Majormax hypothetical guy/gal that sold 80% of his BTC investment value between $10k and $19k, and is currently considering the extent to which to use those funds from the BTC sales to buy back BTC, currently?
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January 28, 2019, 01:10:55 AM

What's so special about hats in your profile. I have never seen this craze in any other thread so far. Plz tell me.

You will notice, I am not currently wearing my hat.

When the time comes that I don my chapeau again, it will be a time for great celebration.

I've capitulated so hard, my fucking cap has disappeared.

For now.

Sheeeit  Sad

EDIT: Although, I must admit, I am morbidly curious what sort of 3D wizardry our resident master haberdasher could pull off, with a GNfOS theme.

OK bob, I admit I was afraid to google that but I laughed big time! Smiley
BTCMILLIONAIRE
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January 28, 2019, 01:27:01 AM

Way too early to go all in.

Is there ever a time to go "all in"?

I understand that you are not talking about 100% of a guy(gal)'s total investment portfolio, but likely instead you are referring to NOT going "all in" with what portion of value the guy/gal has allocated towards bitcoin investing.

Personally, I never recommend going "all in" but instead always being prepared for either price direction (both in other words).

Let's say, for example, a guy/gal had a Majormax kind of vision, and sold a vast majority of his/her BTC holdings at various stages between $10k and $19k.  This Majormax foresight person has relatively strong conviction about BTC price direction going down, so s/he sold about 80% of his/her BTC holdings between $10k and $19k (held onto about 20% just in case.. perhaps a bit of practicality holding onto 20%?).  

Personally, I recall that you said that you did not sell a large amount of your position, but regarding hypothetical person, has such person bought some of that sold back, yet?  1/3 of it?  Half of it?  2/3rds of it?  

Given my presented hypothetical, what's your BTC buy back allocation recommendation for hypothetical person, now, Majormax?  

Certainly, I am too much of a chicken to sell major amounts of my BTC, so I would have long ago bought back more than 2/3 of the proceeds that I had sold (which I actually did in real life), and in this regard, I have continued to remain much more nervous (or scared) about missing out on upwards BTC price moves rather than missing out on downward buying opportunities.  

What about you? What about Majormax vision hypothetical person?  What are you recommending here on a practical level for the Majormax hypothetical guy/gal that sold 80% of his BTC investment value between $10k and $19k, and is currently considering the extent to which to use those funds from the BTC sales to buy back BTC, currently?
Nothing wrong with going "all in", even with your entire portfolio in some cases.

A student, or generally young person, can be well advised to go all in on asymmetrical bets such as Bitcoin. In most cases they don't have much to lose anyways, yet all the time in the world to recoup losses.

Also, for smaller investments the traditional ~5-8% p.a. returns in the stock market wouldn't even amount to a Kitkat.
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January 28, 2019, 01:36:23 AM

It was meant to give some perspective and to illustrate that perhaps we are sitting on a razors edge of support.

Your shitcoins won't sell?  People not giving up gold and silver for buying them?  Give it up, Burger King is hiring.
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January 28, 2019, 01:36:50 AM

anybody else get a totally whack 1099-K from Coinbase?

these numbers are absurd
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How much alt coin diversification is needed? 0%?


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January 28, 2019, 01:50:16 AM

Way too early to go all in.

Is there ever a time to go "all in"?

I understand that you are not talking about 100% of a guy(gal)'s total investment portfolio, but likely instead you are referring to NOT going "all in" with what portion of value the guy/gal has allocated towards bitcoin investing.

Personally, I never recommend going "all in" but instead always being prepared for either price direction (both in other words).

Let's say, for example, a guy/gal had a Majormax kind of vision, and sold a vast majority of his/her BTC holdings at various stages between $10k and $19k.  This Majormax foresight person has relatively strong conviction about BTC price direction going down, so s/he sold about 80% of his/her BTC holdings between $10k and $19k (held onto about 20% just in case.. perhaps a bit of practicality holding onto 20%?).  

Personally, I recall that you said that you did not sell a large amount of your position, but regarding hypothetical person, has such person bought some of that sold back, yet?  1/3 of it?  Half of it?  2/3rds of it?  

Given my presented hypothetical, what's your BTC buy back allocation recommendation for hypothetical person, now, Majormax?  

Certainly, I am too much of a chicken to sell major amounts of my BTC, so I would have long ago bought back more than 2/3 of the proceeds that I had sold (which I actually did in real life), and in this regard, I have continued to remain much more nervous (or scared) about missing out on upwards BTC price moves rather than missing out on downward buying opportunities.  

What about you? What about Majormax vision hypothetical person?  What are you recommending here on a practical level for the Majormax hypothetical guy/gal that sold 80% of his BTC investment value between $10k and $19k, and is currently considering the extent to which to use those funds from the BTC sales to buy back BTC, currently?
Nothing wrong with going "all in", even with your entire portfolio in some cases.

Yes.  We disagree.  I make the point all the time, to prepare for either direction, and neither to go 100% in either direction.

Of course, you can do what you want, but I am suggesting what I believe to be prudent, from my perspective, which is a kind of incrementalism and not gambling with BTC, which I consider to be an investment rather than a means of gambling.

A student, or generally young person, can be well advised to go all in on asymmetrical bets such as Bitcoin. In most cases they don't have much to lose anyways, yet all the time in the world to recoup losses.

Of course, your risk tolerance and your timeline is going to be higher when you are a student, but it still would not necessarily be prudent to develop gambling habits. 

Also, for smaller investments the traditional ~5-8% p.a. returns in the stock market wouldn't even amount to a Kitkat.

You could be correct that there is becoming less and less justification for some forms of traditional investments.  Most of my current exposure to the stock market comes through a 401k fund that had a matching component, so I invested into that kind of investment based on what was available to me at the time and the about 20 years of pumping money into that. 

In other words, I will concede that investment considerations today are going to be different for folks just coming into investments and if they do not have a 401k matching possibility, then they are not going to give a shit about that option because it is not available to them anyhow.

Maybe that remains part of the reason that there are so many current youth who believe it to be prudent to diversify into alt coins (aka shit coins)?  Perhaps?
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January 28, 2019, 01:53:11 AM

It was meant to give some perspective and to illustrate that perhaps we are sitting on a razors edge of support.

Your shitcoins won't sell?  People not giving up gold and silver for buying them?  Give it up, Burger King is hiring.

You're literally one of those unlucky guys who witness the revolution right in front of them and don't dare to admit that it's something new until it has completely revolutionized the world. There were a lot of people like you who didn't "accept" the reality of internet (and even emailing) till 2000-2002; eventually, they understood. Same will happen with you!
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January 28, 2019, 01:55:08 AM

Yeah, they got alot of nerve being born on the other side of a line we drew in the sand and to want to get away from the shithole they found themselfs in.

Get in line, with all the rest of the immigrants who are going through the process legally.

Fuck you and your bleeding heart, for supporting people illegally entering the USA.

+1
I brought my mail order bride here legally. It cost thousands and thousands of dollars and was a multi-year long pain in the ass.

One of these days I'll have to order one myself. Smiley


A late good morning Bitcoinland. Been a while since I posted. Very busy. Back down in Playa del Carmen with the girl to get her tooth extracted.

Still going sideways... currently $3578USD/$4730CAD (Bitcoinaverage).

Ho hum.
_____

I try to stay out of foreign politics but with some recent posts and being a Canadian in Mexico, I couldn't help being reminded of this:

"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!"


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January 28, 2019, 02:00:36 AM

We're in the 500s, were in the 600s same old boring shit. Yet I come here and there are TA's that look like heartbeats, how could you put time into charting that?
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January 28, 2019, 02:03:53 AM

You guys should be allowed to shoot your immigrants, its just not right.

They'd think twice then.

Yeah, they got alot of nerve being born on the other side of a line we drew in the sand and to want to get away from the shithole they found themselfs in.

Lawful shoot to kill on all sightings is in order! Smiley
It's almost if lines in the sand have differences in culture and society. If they want to adhere to ours then they do it legally like all the others who do it legally. Not just start by having a disregard for our rules, that's how you bring the shit you're trying to escape with you.
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January 28, 2019, 02:05:42 AM

It was meant to give some perspective and to illustrate that perhaps we are sitting on a razors edge of support.

Your shitcoins won't sell?  People not giving up gold and silver for buying them?  Give it up, Burger King is hiring.

You're literally one of those unlucky guys who witness the revolution right in front of them and don't dare to admit that it's something new until it has completely revolutionized the world. There were a lot of people like you who didn't "accept" the reality of internet (and even emailing) till 2000-2002; eventually, they understood. Same will happen with you!

Oh yes, a completely centralized, non-fungible, government tracking and control system whose only possible endgame evolution will be an almost identical clone of the Chinese social credit score system is such a "revolution"!  Why would anyone ever use physical gold and silver when you can have the luxury of being monitored and audited in real-time by the govt like some type of goyim cattle?
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January 28, 2019, 02:06:23 AM

You could be correct that there is becoming less and less justification for some forms of traditional investments.  Most of my current exposure to the stock market comes through a 401k fund that had a matching component, so I invested into that kind of investment based on what was available to me at the time and the about 20 years of pumping money into that. 

In other words, I will concede that investment considerations today are going to be different for folks just coming into investments and if they do not have a 401k matching possibility, then they are not going to give a shit about that option because it is not available to them anyhow.

Maybe that remains part of the reason that there are so many current youth who believe it to be prudent to diversify into alt coins (aka shit coins)?  Perhaps?

This was true for pre-Bitcoin investments as well. For small amounts it might be more sensible to make high risk investments (and then re-balance a sensible portfolio) than to wait for pennies to accumulate in stocks.


Of course, with substantial wealth, it would be foolish to not diversify properly (without some insider knowledge).
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January 28, 2019, 02:23:20 AM

You could be correct that there is becoming less and less justification for some forms of traditional investments.  Most of my current exposure to the stock market comes through a 401k fund that had a matching component, so I invested into that kind of investment based on what was available to me at the time and the about 20 years of pumping money into that. 

In other words, I will concede that investment considerations today are going to be different for folks just coming into investments and if they do not have a 401k matching possibility, then they are not going to give a shit about that option because it is not available to them anyhow.

Maybe that remains part of the reason that there are so many current youth who believe it to be prudent to diversify into alt coins (aka shit coins)?  Perhaps?

This was true for pre-Bitcoin investments as well. For small amounts it might be more sensible to make high risk investments (and then re-balance a sensible portfolio) than to wait for pennies to accumulate in stocks.


Of course, with substantial wealth, it would be foolish to not diversify properly (without some insider knowledge).
Fuck insider trading, it's like Mob shit, if you ever leave the crowd or piss off someone high up they get your ass, it's totally a click with the big dogs who run that shit.
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January 28, 2019, 02:27:12 AM

I try to stay out of foreign politics but with some recent posts and being a Canadian in Mexico, I couldn't help being reminded of this:

"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!"

That stupid quote is NOT govt policy.  It's globalist propaganda written by a Jew named Emma Lazarus.  The real America was founded on white nationalism.  It's why ONLY white male land owners could vote.  You Marxists always try to rewrite history.  And why should non-land owners be able to vote?  They have no stake in the game and can just get up and leave to another state or country at any second.  Anything they vote for is also going to be heavily skewed towards wealth confiscation (communism).  Making it so only land owners can vote is an anti-communism safeguard.

It's the same reason why women weren't allowed to vote.  Males are the most productive members of society who build everything in the first place.  If you look outside your window, every single brick was put there by a man. Women as a whole PAY NO TAXES and are a net burden on a nation.  Any type of system giving women voting rights is going to be nothing more than 100% guaranteed communism where they vote to steal money from more productive males to subsidize themselves.

You are poorly educated in macroeconomics and sociology and all you want to do is tear down every societal norm that exists and was created for a reason over the course of thousands of years of evolution so that you can feel like you did some type of good deed when in reality you're a destructive menace.  The road to hell is paved with good intentions.  You will sit in a communist deathcamp of your own design and attempt to blame the fact it was created on everyone but yourself.

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