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

[bitserve]

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.

[Last of the V8s]

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!!!

more https://imgur.com/gallery/NIqhh0t

[Biodom]

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

Awesome as a show, horrible for what could have happened (mostly described in the second episode, but maybe more news in the fourth).
The history could have changed and all (apparently) depended on a few man acting in almost complete darkness walking in the chest high contaminated water.
Beats GOT, though, as the s-t is real.

[Last of the V8s]

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

Awesome as a show, horrible for what could have happened (mostly described in the second episode, but maybe more news in the fourth).
The history could have changed and all (apparently) depended on a few man acting in almost complete darkness walking in the chest high contaminated water.
Beats GOT, though, as the s-t is real.

Still can't even trust the lambs in some parts of Wales.

[LFC_Bitcoin]

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!!!

Great to see you drop by. There is one rule about the WO, don’t talk about the WO

[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