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

[Oyarebu]

Hello WO thread!

One of the regulars here said I should stop by and say hello.  I'll be honest though some of you lot scare the shit out of me!!!

Welcome!

Please don't be afraid of JJG. He barks profusely, but don't really bite and is usually somewhat kind in its own way.

Enjoy!

P.S.: The rules are simple, don't ever feed the trolls (nor JJG on thursdays?). I think there was some about jbreher on wednesdays but not sure if that did stick.... anyway, remember that only Bitcoin (BTC) is the true Bitcoin and all will be smooth.

Hahaha.... have actually noticed that long ago. He's more friendly than you think   , together will sail with Bitcoin..... enjoy your day.

[El duderino_]

Hello WO thread!

One of the regulars here said I should stop by and say hello.  I'll be honest though some of you lot scare the shit out of me!!!

Well hello.... Sir, do know this is a very kind and fun thread, where we HODL together, Cheer together, (the knowledgable discuss together, I observe those situations), meme-gif together, just make some good moments together........ Also do don't mind the resident TROLLS : r0ach, Gembitz, rebal15.... just some noise in here.

for the rest we also do the



together

Now back to BTC, PLEASE;

[JayJuanGee]

I have put buy orders in the mid to high 6,000s (why so low?) I am remembering the bear market and if it taught me anything was that there would be a dip  a rally to lower than previous price point calm and a dip lower .

We are in reverse, bears had that low 6s dip and now it's gone higher than previously. They'll dip again but it won't reach previous lows and we will run higher than 8900.

Seems like you are putting a decent amount of reliance on your downward BTC price trajectory, which may or may not happen, prior to BTC going past $10k.

Hopefully, you are not betting too much on the downwards direction and that you are willing to leave those bets behind in case they do not fill.

I will admit that I currently have BTC buy orders down to the upper $3ks, but I could give too ratts' asses whether they fill or not.  Surely, you are correct that the odds for the buy orders filling are much greater the higher that you have them set, and each of us should always be prepared psychologically and financially for either BTC price direction, including surprises and overshooting. 

So the fact that you are disclosing to us that you are prepared for DOWN causes me to question your level of preparation for UP.   Preparing for either direction seems to be the most prudent approach, even though it might seems less profitable than making BIGGER bets in one anticipated direction or another.

I only have my day trade stash ($500 or so ) for down. The rest of my btc isn't moving. I decided to up my buy orders to 7.3 ish for a majority.

Well, don't get me wrong, I am selling BTC in small portions all the way up, but I never make any BIG moves, and of course recently, BTC prices have mostly been going up (especially once the price broke above $4,200 on April 1), so I have not had too many opportunities to buy back... except the one dip a couple of weeks ago that we had down to from $8,200 to $6,200 - and that dip did not reach that $6,200 level on all of the exchanges... so fewer buy back on the exchanges that only dipped down to about $7k.

So, yeah, we could have more dips like the $6,200 dip, but sometimes, there is a kind of upwards price pressure that wants to continue to punish the shorts that continue to come in, and therefore, having a dip like that could stave off some further dips until it is no longer as profitable to punish shorters. 

So, yeah, if you are only hedging with a portion of your total BTC, then you are likely decently prepared for either BTC price direction, and not just betting in one direction that might not play out.

[jojo69]

Hello WO thread!

One of the regulars here said I should stop by and say hello.  I'll be honest though some of you lot scare the shit out of me!!!

if your visit brings a shitstorm of chinglish sig-campaigners and metatards down on us so help me man...

[LFC_Bitcoin]

Lol @ mic!
Fuck man, don’t ever change. You’re a legend, mate.

[Toxic2040]

Hello WO thread!

One of the regulars here said I should stop by and say hello.  I'll be honest though some of you lot scare the shit out of me!!!

*waves*

make yourself comfortable, we're mostly harmless

[El duderino_]

Lol @ mic!
Fuck man, don’t ever change. You’re a legend, mate.

Thx man, will stay the same dude , what you say going both ways!

[Hueristic]

Oh I just remembered today comes out the fourth episode of Chernobyl. Awesome mini-series!

It is, I loved the line...

"That went surprisingly well, You came off like a naive idiot. Naive idiots are not a threat."

.

[Last of the V8s]

Bitcoin Blender is shutting down. Please withdraw.

Not many big mixers left.

coincidentally perhaps, LEO token now worth more than this shitcoin, but less than that other coin

[Last of the V8s]

Volume is already up on yesterday, but with very little price movement.
Accumulation.

[El duderino_]

Some interesting observations on bitcoin's thermodynamic efficiency by physicist and @unchainedcap CSO @dhruvbansal: https://www.newmoneyreview.com/index.php/2019/05/06/the-grit-in-the-bitcoin-machine/ …







https://twitter.com/TuurDemeester/status/1133092343085711360

[Flying Hellfish]

*waves*

make yourself comfortable, we're mostly harmless

Thanks guys, some funny memes, I like this one, made me lol!

[fillippone]

Some interesting observations on bitcoin's thermodynamic efficiency by physicist and @unchainedcap CSO @dhruvbansal: https://www.newmoneyreview.com/index.php/2019/05/06/the-grit-in-the-bitcoin-machine/ …







https://twitter.com/TuurDemeester/status/1133092343085711360

Hey Mic!
You are here for the lolz, not for the thermodynamic shit!


Ahaha well done indeed!
Good stuff. Researching on this..

[Lambie Slayer]

via Imgflip Meme Generator

[El duderino_]

^^
Tuur shares good sh*t

[HairyMaclairy]

So, you are saying sideways from now to halvening?

Badger is a bad tempered drunk driver, prone to fits of road rage.

I don’t tend to worry about what he does in the short term as long as he gets home at the end of the night.  The halveninng is just a signpost by the side of the road to let us know badger is heading in the right direction.  

Have you ever tried politics?

It’s easy to make money. You just need to know if you are in a bull market or bear market.  If you are in a bull market, you buy and wait.  If you are in a bear market, you sell and wait, and start scaling in after a 50% drop.

I don’t know what the price will do between now and the halvening.  But I do know we are in a bull market, and past experience is a useful guide to what the future *might* look like, especially on long time scales.

[El duderino_]

*waves*

make yourself comfortable, we're mostly harmless

Thanks guys, some funny memes, I like this one, made me lol!

Creativity is A+++ in here, Toxic is one of those that always have to come with the clever and better sh*t

[GreatArkansas]

So, you are saying sideways from now to halvening?

Badger is a bad tempered drunk driver, prone to fits of road rage.

I don’t tend to worry about what he does in the short term as long as he gets home at the end of the night.  The halveninng is just a signpost by the side of the road to let us know badger is heading in the right direction.  

Have you ever tried politics?

It’s easy to make money. You just need to know if you are in a bull market or bear market.  If you are in a bull market, you buy and wait.

How will you know that we are already in bull market?
and if it is really bullmarket now, we should also expect alts will pump when BTC pumps also or vice versa?

[Lambie Slayer]

So, you are saying sideways from now to halvening?

Badger is a bad tempered drunk driver, prone to fits of road rage.

I don’t tend to worry about what he does in the short term as long as he gets home at the end of the night.  The halveninng is just a signpost by the side of the road to let us know badger is heading in the right direction.  

Have you ever tried politics?

It’s easy to make money. You just need to know if you are in a bull market or bear market.  If you are in a bull market, you buy and wait.

How will you know that we are already in bull market?
and if it is really bullmarket now, we should also expect alts will pump when BTC pumps also or vice versa?

Sir just check my post history and you will find a scientific peer reviewed countdown of the Baby bull Market and then later the Bull Market starting shortly after the Dec 15th bottom. 11 US intelligence agencies confirmed the findings and there was no collusion with Russia even though they bought coins.

[Last of the V8s]

we should also expect alts will pump when BTC pumps also or vice versa?

there are threads for that kind of dirty talk
https://bitcointalk.org/index.php?topic=3326310.msg34750654#msg34750654
etcetera