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

[LFC_Bitcoin]

$3,750 - $3,850 is the new $3,350 - $3,450

[mindrust]

Depends on many things JJG.

I am throwing like $200 to $1k every month since last year.

I bought $1.7k worth of bitcoins while the price was above $10k. Bought a lot more when the price was between $5k and 10k and much less than that when the price was under $5k.

If the price stays under $5k for at least 2 years, maybe I can reach my goal before $100k. Maybe $50k would do the job.

Depends on many things. I really want that "fuck you all money".  

[Raja_MBZ]

Seriously jealous of this BNB/BTC graph:

[Last of the V8s]

Seriously jealous of this BNB/BTC graph:

Market makers stocking up on BNB - planning on increased volume - bullish.

[JayJuanGee]

The short term oscillations are getting smaller and smaller. Easiest to see on the 15 min chart probably. Smallish breakoutish? Down or up? I'm flat again, after a fat whole 25 mBTC profit.

Atleast you made a profit while some of us are just cutting our losses.
This market has just been a clusterf**k for all who expected the end of the month to pay out for those who held out this long.
Only a good pump a week earlier then back down. You wouldve gotten more out of going to orchids of Asia day spa.

You are expecting way too much if you are planning your finances around a break out to the upside that has less than 50/50 odds of happening. 

In other words, you will be causing your own psychological issues if you are betting on up when the odds are against you.

Well, I see your point. However, profiting in such a market requires being ready to short - at least for me it does. Shorting is not something I do happily, and when I do short it's always with a definite goal in mind or as a hedge against a risky long.

yes, if anyone is trying to squeeze this lemon for short-term profits out of a directional situation that is questionable at best (but perhaps leaning slightly towards bearish), then you can play around with shorts that may or may not result in various levels of profits.

On the other hand, if anyone has a longer time horizon.. let's say at least 2 years (which is really NOT very long to be investing into an asset), then that person seems to have pretty decent chances that any BTC quantity that s/he buys in our current price range of $3,500 to $4,100 should be decently profitable by then... at least the BTC price should be higher than the purchase price.  Of course, if the time horizon is a bit longer, let's say 5 years, then the odds for higher seem even better.

One thing is having decently good enough trading skills and even resources (access to exchanges) and a systematic approach for shorting BTC that seems viable to play, but probably more than 95% of anyone considering a possible BTC investment plan about getting into BTC does not have those kind of skills nor temperament... perhaps in this thread, the ratio is a bit higher, maybe 15%-ish of the participants could carry out such a shorting plan in a profitable and systematic way?

In other words, for the vast majority of folks, fuck shorting BTC, and just think about BTC accumulating and hodling strategies and tactics.. that involve dollar cost averaging and buying on dips ... even now.. even if the BTC price goes down for another year or more... it is much easier... especially if you have at least two years, and even better if you are ready, willing and able to stick with your BTC buy/hodl strategy for 5 years or more.

[LFC_Bitcoin]

Depends on many things JJG.

I am throwing like $200 to $1k every month since last year.

I bought $1.7k worth of bitcoins while the price was above $10k. Bought a lot more when the price was between $5k and 10k and much less than that when the price was under $5k.

If the price stays under $5k for at least 2 years, maybe I can reach my goal before $100k. Maybe $50k would do the job.

Depends on many things. I really want that "fuck you all money".  

I’ve got two goals (accumulation wise). The first one I can reach if we stay under 5k or 6k until the halving.
The second one is unlikely to be achievable but more of a fantasy target.

[jojo69]

B...nb?

dafuq is that?

[JayJuanGee]

Depends on many things JJG.

I am throwing like $200 to $1k every month since last year.

I bought $1.7k worth of bitcoins while the price was above $10k. Bought a lot more when the price was between $5k and 10k and much less than that when the price was under $5k.

If the price stays under $5k for at least 2 years, maybe I can reach my goal before $100k. Maybe $50k would do the job.

Depends on many things. I really want that "fuck you all money".  

I recall that you had said that you were engaged in something like that, and also that you had made a decent quantity of BTC purchases at price levels that were higher than today's price.

As long as you are not screwing yourself with your cashflow by dedicated $200 to $1k every month towards BTC, then you are accumulating a decent quantity of BTC on an ongoing basis with a plan that is much more solid than the vast majority of the world's population that are hardly giving any thought to BTC, and even if some of them are considering a "kind of possible" plan, are not acting on their hypothetical plan. 

In that regard, you are way ahead of the game, even if you might be a little pissed off that you did not buy more in the 3 digit prices and even though you might be a bit pissed off that you could have bought more if you had waited.. but NONE of us really knew.  I was engaging in a similar kind of strategy in 2013/2014/2015.. and really none of us knew then if the price would recover, but my ongoing placement of money in what had then seemed like a bottomless pit, ended up paying off with the passage of time.. and a lot of people would be quite grateful to have been able to have accumulated some BTC in the $200s like I did (even if it was only a small portion of my overall investment and even if some of those BTC had gotten stolen (by hack) later).  The overall package and practice and persistence paid off with a decent amount of profits.

I will admit that your statements that kind of wish for either flat or lower BTC prices in order for you to accumulate more BTC are a bit frustrating for me to hear (read), because I understand your wish and I understand that there are certain ways that you are attempting to achieve personal benefits from a possible negative BTC price situation that could play out... but I personally, don't feel any need, overall to wish for BTC prices to either go down or to remain flat, even if I were in a decently emphasized BTC accumulation phase at the moment, like you are. 

In other words, yes, there seems to be a great benefit on a personal level for you to attempt to accumulate more BTC - but you have also established a decent BTC position too, in order that you benefit on a personal level from BTC UP prices, as well.  In other words, you benefit from any of the short term plays of UP or down or sideways as long as the longer term price outcome of bitcoin prices is higher than today's prices (which seems pretty likely)... Of course, you can still greatly profit from BTC, even if your portfolio does not exactly reach what you would consider to be "fuck you" status, so in that regard, to me, there seems to be little to no need for you to project wishes of either BTC prices to go down or sideways, even if you, personally recognize that you can personally profit from either of those such less bullish short-term outcomes, even if they were to play out that way.

[LFC_Bitcoin]

B...nb?

dafuq is that?

Bed and Breakfast - a term we use in the UK for a (usually) private run hotel that offers bed & breakfast included in the price

[BitcoinGirl.Club]

$3,750 - $3,850 is the new $3,350 - $3,450

I see that and may be the next range is $4,100 to $4,300? Come on Bull!

[Last of the V8s]

agreed to publish high-level supervisory expectations related to crypto-assets in light of the high degree of risks associated with such exposures. These expectations will be published in March;

The Fat Controller will pontificate soon.

[JayJuanGee]

Depends on many things JJG.

I am throwing like $200 to $1k every month since last year.

I bought $1.7k worth of bitcoins while the price was above $10k. Bought a lot more when the price was between $5k and 10k and much less than that when the price was under $5k.

If the price stays under $5k for at least 2 years, maybe I can reach my goal before $100k. Maybe $50k would do the job.

Depends on many things. I really want that "fuck you all money".  

I’ve got two goals (accumulation wise). The first one I can reach if we stay under 5k or 6k until the halving.
The second one is unlikely to be achievable but more of a fantasy target.

Ooooooo

Secretive. 

[BitcoinGirl.Club]

Seriously jealous of this BNB/BTC graph:

LOL BNB to the moon 🚀 🤣

[jbreher]

A question please: I think people were discussing their music production stuff, maybe bob and some other Europe guys?, somewhere in this thread years back. I cant find it, so sorry for the OT.
 
What was the software you were recommending? could I use it for multi track recording? guitar, vocals etc?

Used to have a guitar studio thing and a friend gave me propeller head reason to make beats with. But that is all some years ago on old computers long since dead.

Plenty of good choices. Some are both Win & Mac, others single platform. Linux versions are somewhat scarcer.

Most leading DAWs have been copying the good features of their competitors for some years now. They're more alike than different. It's hard to go wrong with any of them.

Pro Tools used to be the industry standard for professional applications, though its dominance is slipping. I'm currently using mostly Logic, StudioOne, and Ableton Live - each are better suited to differing applications. Though if required, I could use any one of them (or most other leading platforms) for just about anything I need to do.

If you select BWAV for your recording file format, you can freely exchange recorded tracks between any of the major DAWs.

GarageBand is free if you own a Mac, iPad, or iPhone. Comes with plenty of software instruments. Good to get started, though I wouldn't want its limitations if it was my only DAW.

Presonus offers a free limited edition of StudioOne. Cross platform. Again, probably all you'd need for your first forays. Though I don't know its limitations - I own the fully equipped edition.

You might want to grab one of those to poke at, and figure out what your preferences are.

[jbreher]

Chuckling to myself over the righteous indignation in the twitterverse over #deletecoinbase, by hordes of critical thinkers absolutely fine with the fact that the CEO of the largest investor in Blockchain was the Chair of the Bilderberg group.

That is not correct! They are just one of a large pool of investors.

You didn't contradict what I said. Other than just to tell me that I was incorrect. 'Largest' implies that they are not the only.

[jbreher]

My phone is looking tired, I'm not looking forward to working out how to change the 2fa to a new phone. Internet instructions are vague.

Quite difficult. Disable 2FA on all your accounts. Setup Authy on the new phone or web, encrypted with a unique secure password. Configure new 2FAs for all your accounts on Authy. Next time you need to move phones will be trivial since you used Authy.

Don't do that! The very basic idea behind 2FA is to not allow "transfer" of same 2FA code to new device!

Interesting assertion. Back when I was a corporate employee, standard practice was to install token seed certificate on multiple devices.

Though 2FA is confusingly hard to use. I may be mistaken, but I think Authy tries to solve the device portability challenge by keeping a copy of your seed to themselves at some central server? Seems like a terrible design to me. I don't know why this industry has not coalesced around some sort of seed scheme like BIP44.

[BitcoinGirl.Club]

I don't believe I'm infected with a virus because the address didn't change and my malware software isn't finding anything. In my opinion I was using ChipMixer before I sent the bitcoin and I probably miscopied an address or misclicked or something idk. I guess its gone but its a valuable lesson, thanks for the help.

Poor guy. Lost his BTC because he was not aware of which address he is sending. Always double check the address you are sending your coins.

[d_eddie]

A question please: I think people were discussing their music production stuff, maybe bob and some other Europe guys?, somewhere in this thread years back. I cant find it, so sorry for the OT.
 
What was the software you were recommending? could I use it for multi track recording? guitar, vocals etc?

I can't remember what the advice was, but I suggest you could try Reaper.
It's a full featured DAW system, cross platform, very stable, minimum footprint, updated frequently.
It has a very interesting price and a generous policy about unpaid use.

Presonus offers a free limited edition of StudioOne. Cross platform. Again, probably all you'd need for your first forays. Though I don't know its limitations - I own the fully equipped edition.

The limited edition can't load standard third party plugins. That's the most crippling unfeature.

[Last of the V8s]

https://resource.bnbstatic.com/books/20190212/1549972209051.pdf grep for Palantir lolomglol
https://info.binance.com/en/currencies/binance-coin
- Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). - Monaco has included support for Binance’s BNB token to its platform which includes the Monaco Visa Card and mobile app. - Uplive platform supports BNB to buy virtual gifts.
lots of other partnerships since then

[sandra_x]

There are two strong resistance levels that will take considerable shift in psche to break.3800$ on the downward trends as most traders are expecting a possible bull run,hence not in a rush to sell off,the other is 4200$ on the upward trend.Previous rallies (pumps and dumps) never went beyond this level.Any trade above this may not draw significant intetests as many will likely it as another pump and dump session.A possible break in the grid lock could be as a result of some bullish news of Bakkt possibly launched by March 15th.No one can tell how big an impact it could be.We are more likely to trade sideways this coming week.