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

[Kylapoiss]

** snap **

Good times to accumulate, I'm pretty sure the next rally will come as it was in 2017, from almost nowhere. Lets hope bitserve will add some stash into his bag too and forgets about the capitulation. Fundamentals are getting stronger every day and 1 BTC is still 1 BTC

Well, I have to be honest and say I have never accumulated during any bear market. I usually start buying again when I think the bear market is over which is obviously higher than the bottom but still way lower than the top.

Used to be the same for me but I'm trying to do it differently this time. I've unfortunately run out of ammo for now but will start buying again in March.

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[bitserve]

[edited out]

Bleh, I am volatility battle hardened. My first "important" purchase reached Bitstamp the day Bitcoin reached $266... with the subsequent drop. I made most of my stash in extreme volatility periods. It is low price low volatility what breaks my nerves... Past bear market I just forgot about Bitcoin (while hodling) but this time I am still here and in that way it is a first time for me. Bring the fucking volatility to me for fucks sake!

It is beginning to sound as if you faked your capitulation, unless you were merely trying to self-induce such capitulation - because in some sense, if you have as much equity as you suggest, then even if frustrated, you are likely not too close to capitulation.

Let's say for example, you though that worst case scenario was around $5k and even that the price would have gone back up for now, and so therefore, you failed/refused to cash out a sufficient amount of BTC to cover some of your expenses for the next year.. and so now you are a bit frustrated by your lack of preparation.

That kind of thing can happen to any of us.  I have expenses too, and I cashed out some BTC and I did not buy back as much as maybe I should have.. and I am kind of building up my fiat right now in order to prepare for down because I largely thought that $5k to $6k would be the bottom... but if you have equity in BTC, you can probably afford to cash a little out here and there... and still have more than enough when the price goes back up, even if it take more than 2 more years before it goes back up in any kind of meaningful and significant quantities to make some kind of decent wealth appreciatoin difference.

I think I already explained my capitulation is a (real) feeling that maybe we won't be seeing the last ATH in any reasonable time or even ever. I also made it very clear I won't sell and ride this thing to hell. I am THAT stubborn.

I did not fake my capitulation, it was a real feeling and as such I described it.

Yes, I feel frustrated by not having *EVER* cash out a single penny. Trade some (sell higher, buy lower) yes. But that's something I have already recognised.

I also feel frustrated by having to ask for a mortgage to buy a property I could have just bought straight with my paper profits at end of 2017.

But, frustrations aside, I know how this game works and don't complain about anything.

[Kylapoiss]

Don't want to shill shitcoins but LTC seems to be moving upwards again, which was the coin that fuelled this little pump by some opinions.

[bitserve]

Don't want to shill shitcoins but LTC seems to be moving upwards again, which was the coin that fuelled this little pump by some opinions.

Funny thing is that I have probably "made" more on the LTC pump than the subsequent BTC one. Or maybe not, haven't really calculated... but go chikun goooo!

[Ibian]

Someone posted this on /r/reddit:

WikiLeaks Reveals US Military Use Of IMF, World Bank As "Unconventional" Weapons

Describes how the global monetary system is just a giant American geopolitical weapon. And that is why bitcoin will win. But we knew that, of course.

I hope they really didn't do that to the Venezuelan people.

Money is power. Power is more addictive than cocaine. They did it, bet on it.

Same with Saddam and Gaddafi. Anyone who tries to do their own thing get killed.

[Cryptotourist]

Dildo-y.

Morning WO's.

I'm going to have to speculate that we going to ~4k this weekend/before Monday.

[jbreher]

It happened two weeks ago. Anyway, they know there's basically a 0% chance that he's any sort of threat or flight risk.

Despite that, they send a small army of jack-booted thugs with machine guns to kick his door in, in the middle of the night.

From another article:

“At the crack of dawn, 29 FBI agents arrived at my home with 17 vehicles, with lights flashing, when they could have contacted my lawyer,” Stone explained after a court appearance Friday.

Once again, the deep state tries to intimidate anyone aligned against them with a show of force. Modus operandi of the left.

Hmm. Where have I seen that jackboot behavior before...? Oh yeah: http://www.jmwagner.com/

[Lambie Slayer]

Our newborn Bull Market is 55 days old now. Its rekting shorters here and there with baby green dildos as its teeth start to grow in. Soon it will be producing much larger green dildos as it learns to crawl.  

For those interested in backtested technical implications and probabilities of a baby bull market, here is a short video. This material is for serious investors and possibly those with a scholarly interest.

https://www.youtube.com/watch?v=gCUnkbAV7BE


Gembitz spent blew her whole government mental disablity check once again shorting the double bottom.
Weeeeeeeeeeeeeeeeeeeeeeeiner!!!!

Kissless closed all shorts weeks ago and is sticking to gaming and bbc porn now.

Willy, Tone, and Murad, are busy coming up with reasons why they are more special than everyone because they draw the most bearish lines while playing the long term bull card. They could all learn from Hairy imo how to stop being a bear at the right time. I fully agree with him, the "longening" is a myth, its all about the halvening.



Hopium is legal in most states now and sales are starting to pick up.    

[Cryptotourist]

Kissless closed all shorts weeks ago and is sticking to gaming and bbc porn now.

Hey gotta tell you, I think he is also mining Grin or Beam or something.  

Hopium is legal in most states now and sales are starting to pick up.    

When legal in the rest of the world? (not that I give a shit).

[VB1001]

I just hope we are still young when the $100K party comes. It will be almost surreal if it ever comes to reality. There's a chance though.

We are all going to be in crutches, wheelchairs and with personal assistants and oxogen tanks.  

Sucks to be HODLers.

We can always send our assistants to make some awesome explosions and fireworks with the oxygen tanks. Sounds fun to me.

You are too optimistic, bitserve.  I liked you better, yesterday, when you were in a higher state of capitulation and despair.  This little price bump got your spirits up, too much.

But, but... I remain capitulated!

I am still deeply depressed. This little pump is not going to fool me. Believe me.

This is a long-term race, enjoy the moment !!! Bitcoin is very young.
Forget about ATH's, everything will come and your objectives will possibly be others.
WO's will always be by your side to illuminate the path to disaster or the 100k party.

[Lambie Slayer]

Kissless closed all shorts weeks ago and is sticking to gaming and bbc porn now.

Hey gotta tell you, I think he is also mining Grin or Beam or something.  

Hopium is legal in most states now and sales are starting to pick up.    

When legal in the rest of the world? (not that I give a shit).

My team is working with the United Nations on a global map for the Hopium regulatory landscape as they proceed with extreme behind the scenes efforts to boycott, divest, and sanction nations who oppress Hopium users.

[bitcoinminer42]

Our newborn Bull Market is 55 days old now. Its rekting shorters here and there with baby green dildos as its teeth start to grow in. Soon it will be producing much larger green dildos as it learns to crawl.  

For those interested in backtested technical implications and probabilities of a baby bull market, here is a short video. This material is for serious investors and possibly those with a scholarly interest.

https://www.youtube.com/watch?v=gCUnkbAV7BE

... about bull market in a short video...  

thanks XHomerX10... loving my new hat

[JayJuanGee]

[edited out]

Bleh, I am volatility battle hardened. My first "important" purchase reached Bitstamp the day Bitcoin reached $266... with the subsequent drop. I made most of my stash in extreme volatility periods. It is low price low volatility what breaks my nerves... Past bear market I just forgot about Bitcoin (while hodling) but this time I am still here and in that way it is a first time for me. Bring the fucking volatility to me for fucks sake!

It is beginning to sound as if you faked your capitulation, unless you were merely trying to self-induce such capitulation - because in some sense, if you have as much equity as you suggest, then even if frustrated, you are likely not too close to capitulation.

Let's say for example, you though that worst case scenario was around $5k and even that the price would have gone back up for now, and so therefore, you failed/refused to cash out a sufficient amount of BTC to cover some of your expenses for the next year.. and so now you are a bit frustrated by your lack of preparation.

That kind of thing can happen to any of us.  I have expenses too, and I cashed out some BTC and I did not buy back as much as maybe I should have.. and I am kind of building up my fiat right now in order to prepare for down because I largely thought that $5k to $6k would be the bottom... but if you have equity in BTC, you can probably afford to cash a little out here and there... and still have more than enough when the price goes back up, even if it take more than 2 more years before it goes back up in any kind of meaningful and significant quantities to make some kind of decent wealth appreciatoin difference.

I think I already explained my capitulation is a (real) feeling that maybe we won't be seeing the last ATH in any reasonable time or even ever.

Yeah, "ever" is a bit much for me.  But you still know that we do not need to see ATH again, in order to still profit immensely from investing in BTC.  If bitcoin goes to $15k or $18, we could still profit immensely from that, no?  I just don't see how you could be so pessimistic about the so many great developments in bitcoin... especially some of the lightning stuff going on currently.

I also made it very clear I won't sell and ride this thing to hell. I am THAT stubborn.

I won't sell for lower than I bought, but I am far from that kind of price point.  Probably my average price is in the $700s, and the main reason that my average BTC price is so high, is because I had some stolen in a hack... So, anyhow, I don't have a problem skimming a bit off here and there, especially if my selling price is higher than my average buying price.  Don't get me wrong, I am not going to sell a lot, and if the price is generally in correction, my inclination is to buy, rather than to sell (using money that I accumulated while selling BTC at a higher price) or merely DCA cashflow money.

I did not fake my capitulation, it was a real feeling and as such I described it.

Fair enough... I might be coming off as too flippant in regards to your actual feelings related to this.

Yes, I feel frustrated by not having *EVER* cash out a single penny. Trade some (sell higher, buy lower) yes. But that's something I have already recognised.

When I was in mostly "accumulation phase" I did not sell any bitcoin, and that lasted for most of 2014 and 2015, and if I am being truthful with myself into 2016 too.  If I did happen to sell BTC for any reason, i would replace within a few days.. .I was constantly scared to sell any BTC... but if you look at the BTC price during that time, it was largely lower than my average cost per BTC. 

If the price is higher than your average cost per BTC, then you should not feel any guilt to sell a little bit, even if it is only a few hundred dollars worth... such skimming off a few might make you feel better, perhaps?

I also feel frustrated by having to ask for a mortgage to buy a property I could have just bought straight with my paper profits at end of 2017.

But, frustrations aside, I know how this game works and don't complain about anything.

O.k. everything resolved?  It appears that you have some ongoing pent-up frustration...

Sometimes you gotta do what you gotta do, and you cannot go back to December 2017 and re-do it.

You can only get the mortgage at the time that you get the mortgage, so you decide whether to do it or not.

In other words, each of us make our decision based on the best information that we have at the time that we make it, and maybe from time to time we will tweak, but the factors change, so we have different variables if we are going to attempt to answer the same question at a later time.. ... and at a later times, the variables have changed and the factors to weigh have changed, so we might not be able to act upon the same question that we had previously, but again, we just do our best each time for what factors we have in front of us at that particular time.

[Cryptotourist]

My team is working with the United Nations on a global map for the Hopium regulatory landscape as they proceed with extreme behind the scenes efforts to boycott, divest, and sanction nations who oppress Hopium users.

Amen.

[Toxic2040]

Don't want to shill shitcoins but LTC seems to be moving upwards again, which was the coin that fuelled this little pump by some opinions.

Funny thing is that I have probably "made" more on the LTC pump than the subsequent BTC one. Or maybe not, haven't really calculated... but go chikun goooo!

Interestingly on the weekly chart ltc has clearly broken out of the bear market trend. It would take a significantly larger move for bitcoin to emulate but I suppose it not completely outside the realm of possibility. #dyor

W ltc


W

#stronghands'19

[VB1001]

As always, when there is a movement nearby, shorts or longs ...

https://twitter.com/bitfinex/status/1094152250967113728

[jojo69]

funds are safu

[Cryptotourist]

https://i.imgur.com/q41Ksyj.png

As always, when there is a movement nearby, shorts or longs ...

https://twitter.com/bitfinex/status/1094152250967113728

The shitiest of them all imho.
Rather deal with Craptopia or something.

[VB1001]

Not your keys not your Bitcoin 

[Globb0]

*culled*