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

[El duderino_]

Strange page 22666  

think it must be something mystical?

Meh
Me drunk
=
Me paranoid

Better keep watching tele......

[Olegya199]

Strange page 22666 

think it must be something mystical?

Meh
Me drunk
=
Me paranoid

Better keep watching tele......

Well, in that case, I wish you a pleasant viewing!)

[HI-TEC99]

Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance.   Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts.  If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image).  If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.

 This upgrade is in response to constant badgering a suggestion from Kylapoiss which forced me to learn a new skill.  Seriously though, it does look much nicer - so clean.  Great suggestion!

BobLawblaw	micgoossens	JayJuanGee	Wekkel	VB1001	kurious	Bitcoinaire	BTCMILLIONAIRE	julian071
Searing	LastoftheV8s	Globb0	Paashaas	Ibian	jojo69	HairyMaclairy	Arriemoller	Biodom
ivonm	Pamoldar	erre	bitebits	yefi	Careful_man!	jojo69_new	Bob_glow	xhomerx10
HI-TECH99	bones261	d_eddie

Is this the last final hat upgrade, or could there be more upgrades to come?

[HI-TEC99]

Where would UK folks buy Bitcoin?

Where wouldn’t they buy?
@these prices

QuadrigaCX

[BTCMILLIONAIRE]

Where would UK folks buy Bitcoin?

coinbase 

[HI-TEC99]

Where would UK folks buy Bitcoin?

coinbase  

From anywhere shown here.

https://coinatmradar.com/

Zoom in on the UK bit of the map.

[gentlemand]

As long as the premium is under control, and it certainly will be in these catatonic times, this was my fave when I've bought - https://bittylicious.com
 

[HairyMaclairy]

Bitstamp is based in London, even if its banking relationships are in Slovenia

[xhomerx10]

~snip~

Thank you for explaining my mistakes. I made one hat for the test. I think that almost everyone knows the user OgNasty.



Avatar:

 Hey that looks pretty good! I already made OgNasty a hat though and he wasn't interested.

https://bitcointalk.org/index.php?topic=178336.msg48115347#msg48115347


 Why did you decide to make him a hat?  You should make one for MicG!  He started this whole hat thing by showing us his bull and bear hats.  MicG is The Dude so the hat really has to tie this room together.


  

[HairyMaclairy]

I read earlier about the TA looking scarier if you used EMA instead of MA, so I tried it.

Having tried it, it doesn't make a drop of difference to my interpretation.  We look like we are in exactly the same spot as if you use MA.  

[xhomerx10]

~snip

Is this the last final hat upgrade, or could there be more upgrades to come?

 Hat upgrades will continue until morale improves!

[JayJuanGee]

Guys, here, were not way too bullish in 2017.  Many guys were predicting $3k to $5k as the high price points, and $10k in some kind of outlandish scenario.  2017 Bitcoin prices left a vast majority of folks here, even the most pie in the sky bullish of them in the dust.

True story. I wasn't even _wishing_ for that high a spike.

Of course, that almost guarantees that it will be different next time.








Which direction is yet to be discovered.

In my current thinking, it is NOT out of the question to have some kind of similar outrageous UP BTC price movement that goes beyond expectations. 

Surely, I am not going to bank on such an outrageous UP movement to happen, and really, I am profitable whether BTC prices go UP again or NOT.  I can also start cashing out at current prices and feel comfortable - even though I don't really need to cash out for the next 5-10 years.

Anywho, part of my point is that there is nothing really stopping a crazy ass outrageous UP BTC price movement from happening again.  Think about it.  We still only have less than 1% of the worlds population with any kind of investment in BTC.  Some people removed a decent amount of their coins from trading, so they are just hanging on to a decent percentage of their coins, even if the price goes way UP. 

Some HODLers might say, "o.k... fine.. I will sell 30% of my coins," yet in the end, I doubt that we have even $10million coins getting put up for sale, even if the BTC price goes up to $100k, and that is only a 5x from the previous ATH.

I must agree with you that even though we can spot certain kinds of similar patters with previous BTC price upsurges, we cannot really count on the next one (if it happens) taking place in the same way as any of the previous BTC price upsurges.

[mOgliE]

We finish out the trading day with a strong recovery and pleasant green candle on the hourly.
1h


Explosive blow off top candle and a rare orphan as we begin to search for support above the 0.382 fib
4h

I prefer a slow the slow rise than the big faling pick

Anyway it's good to see the reverse coming out after the long winter.

[yefi]

Bitstamp is based in London, even if its banking relationships are in Slovenia

It's still SEPA transfers or wires last time I checked though. Coinbase is Faster Payments.

[Biodom]

Panthera capital (the first hedgefund in blockchain):

https://www.ccn.com/why-pantera-capital-says-bitcoin-bear-market-different

Check the embedded podcast.
At around 6:00 he (Morehead) is saying that he had an investor coming in with $5mil in 2014-2015 and getting out with $200mil in 2017.
Nice!

[yefi]

Fuck Coinbase, Gemini is immediate for transfers, they credit it the ACH before it's in.

Not in the UK. Coinbase is near enough the only option (Well, Coinfloor recently reintroduced Faster Payments, but that's it).

[JayJuanGee]

JayJuanGee, why do you constantly post this bullshit Anonymint quote over and over like he didn't just make it up out of thin air?  Do you think I create a Turbotax secondary user account for Anonymint to log onto my computer and spy on my financial statements?  That was from a Sidhujag + Anonymint rage post where the two of them were pretending bitcoin was going to go to $100k when it was $20k and I told them they were out of their minds and they got all upset.

Do you see Sidhujag (syscoin dev) posting anywhere in this thread nowadays?  Nope.  Probably because he's too embarrassed after being completely wrong and hodling from $20k to $3k.  The factual story is that I was all-in BTC at $200, then used leverage on top of that, and then unloaded all the leverage right at the peak of the pump to $800 and used 1/2 of the profit on silver.  I'm not a "hodler".  You can't sit in a leverage trade forever.  You have to get rid of it at some point.  

These dumbasses pretend exiting an overleveraged position at the top is somehow a bad idea and pretend like every single cent you own should all be invested in digital shitcoins and nothing else.  Centralized, built-in middlemen, non-fungible, worthless digital shitcoins are NOT my 'unit of account'.  Physical metals are.

O.k  fair enough if you got out of a leveraged trade at $800, but there certainly is no future in physical metals, beyond perhaps having 5% or 10% or at most 20% in such an old school hedging asset.

Don't be clumping, again as you have done before, all crypto together.  The only one that really matters is bitcoin.  This is a bitcoin thread, and there is no need for you to be making ambiguous statements about "digital shitcoins"  If you are talking about bitcoin, when you refer to "digital shitcoins" then you are wrong.... You should have at least an equal hedge in bitcoin as you do in PMs, such as gold and silver, and really it seems practical to have a whole hell of a lot more in bitcoin than you do in PMs.. perhaps 5x more.  So I would recommend some kinds of strategy to limit your PMs to no more than 5%, and to put up to 15% of your quasi-liquid investment into Bitcoin.    You don't really need to put anything into other cryptos, unless you want to play around with them, and perhaps limit that to less than 2%. 

Of course,  I understand that a lot of younger folks are going to be more risky, and they are going to be willing to put more of their investment into various cryptos, rather than traditional assets and/or PMs, and perhaps in their cases, they are going to need to consider some diversification outside of bitcoin.

I take it that you, roach, have some other assets such as property and maybe some traditional investments too.  I could not imagine that you are investing more than 20% of your quasi-liquid assets in PMs.  That would be ridiculous, and you need to at minimum go to another thread or perhaps go to a shrink (or a financial advisor).  By the way, many people have asked you so many times about why the fuck do you want to talk about PMs in a bitcoin thread?  Doesn't that come off as disingenuous since hardly any of us give a ratt's ass about your supposed PM preference(s).

[realr0ach]

but there certainly is no future in physical metals

I think I've discovered the world's greatest reverse indicator.  That La Raza Mexican Bitserve and JayJuanGoyim's brains are not quite large enough to understand that since nobody on the planet actually needs bitcoins for anything, they're a pump and dump scam by default.  If every single bitcoin instantly vanished, never to be seen again (not too hard, they're already imaginary), the world would keep on trucking completely normal as usual.

[Dabs]

Bitcoin is so much smaller than Gold (and other PMs), which means there is room to grow.

[Searing]

Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance.   Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts.  If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image).  If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.

 This upgrade is in response to constant badgering a suggestion from Kylapoiss which forced me to learn a new skill.  Seriously though, it does look much nicer - so clean.  Great suggestion!

BobLawblaw	micgoossens	JayJuanGee	Wekkel	VB1001	kurious	Bitcoinaire	BTCMILLIONAIRE	julian071
Searing	LastoftheV8s	Globb0	Paashaas	Ibian	jojo69	HairyMaclairy	Arriemoller	Biodom
ivonm	Pamoldar	erre	bitebits	yefi	Careful_man!	jojo69_new	Bob_glow	xhomerx10
HI-TECH99	bones261	d_eddie

Is this the last final hat upgrade, or could there be more upgrades to come?

I gather you just 'grab' the above avatar you wish to use? I don't see a lot of difference..then again my avatar is gray/white mostly.