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

[BinaryReign]

Greetings fellow Wall Observers.

I found myself with some extra cash, and want to get more bitcoin with it. My problem is for a couple days now I think “I’ll just wait for a dip”,.. but nothing considerable ever comes, even on Sunday. I was hoping for $7,800, then $8,200, then $8,800

Now I’m starting to feel like I should just FOMO buy. However, in the past whenever I’ve done that, the dip happens right after I buy.

So

It doesn’t seem like I should wait much longer, but should I? What is a good target price I should try to buy at? Today? Tomorrow? Help? Thanks in advance 

So did you buy soonish as I suggested (along with someone else)?

Yep, sure did.
The next morning price dipped a tiny bit and I was lucky enough to get a buy order filled at around $9,100.

HODL mode in progress 

[JayJuanGee]

Anybody want to help him out?  Pick one
-snip-

You are a dog-lover, aren't you?

  You guessed it!  I went to at an off-leash dog park in Bucuresti last year without a dog.  I petted and talked to most of them but my favourite that day was a Rhodesian Ridgeback (first time I had ever seen one irl) he was really friendly too.   I had a difficult time trying to leave the park through the gate because I had my own little pack following me around after an hour or so and they wanted to come with me.

 I like cats too but I'm so allergic that just being in the vicinity of a cat owner causes me a lot of discomfort.  I feel it in my eyes first, then my sinuses/head, my skin will start to burn if I've been sweating and if I don't get away from it, my lungs react.  It sucks.  I took injections for two years which lessened the severity of my reaction but it's still something I prefer to avoid.  

A, ha! That's why you put me last on the hat-making list: You're allergic to me.

 While that may be true, I've been trying to find a good copy of those steampunk glasses the cat is wearing for quite some time so I could put them on a hat... while experimenting with glasses on hats, I accidentally created a hat that was JJG personified so I had to give it to him  Still searching...

Exactamente!!!!  I was the beneficiary of surplus value, timing and luck.      Thanks Homer.

^It's me, isn't it.

you are hardly a drama queen.. you are one of the most sensible peeps I ever did meet on the interwebs.

I feel like you are the grown up in our cyber relationship.


 

 Inside I am still an child though I am past the "why" stage.

hahahahahaha

[elrippos friend]

GOOD MORNING!
Rise and shine family!
Observing 10745!
Or 18.45 BTC per Lambo!



Lamboindex.com
Where is Gyrsur?

Laughing my ass off 

[kurious]

Sunday Haiku Day
We must try not to forget
Short BTC poems.

'Short Bitcoin poems' would have been syllabically correct

[JayJuanGee]

What ever happened to Adam?

He got tired of being abused for his heretical thoughts, and left for The Forum That Shall Not Be Named.

Good.  We have only so much tolerance over here for whiny BIG blocker bcasher nutjobs.

I liked him a lot though, before he caught the crazy bug.

[LFC_Bitcoin]

Sunday Haiku Day
We must try not to forget
Short BTC poems.

Wake Up Sunday
Morning Wood
Bitcoin Price Is Good

[serveria.com]

GOOD MORNING!
Rise and shine family!
Observing 10745!
Or 18.45 BTC per Lambo!



Lamboindex.com
Where is Gyrsur?

Laughing my ass off  

You shouldn't as you'll see the number starting with 0, there soonish

[JayJuanGee]

And then I Immediately hit a JJG post.

SHIT!

Yeah... who needs that? 

Why don't you just skim those damned "JJG posts"?

[nutildah]

Sunday Haiku Day
We must try not to forget
Short BTC poems.

'Short Bitcoin poems' would have been syllabically correct

Right, I guess po-ems
Is 2 syllables, not one
As Homer said, "Doh!"

[JayJuanGee]

Don’t ever underestimate the power of greed. Those who bought and are holding at ranges 13-20k had the mindset of selling to recoup or even break even once price reaches those price points again. i have a feeling many of these peoples mindset will revert back to their pre purchase mentality. Hop on board and hodl as the eco system has changed and more belief in btc has come into fruition.

This fictitious group that you created of persons who supposedly bought between $13k and $20k don't really exist in the state that you describe them (except perhaps as a kind of unicorn).

But I get your point.... and it may be true in some cases that there are some people whose portfolios are in the red that might start to become more optimistic as BTC price rises and their portfolio gets back into the black.

Don’t ever underestimate the power of greed. Those who bought and are holding at ranges 13-20k had the mindset of selling to recoup or even break even once price reaches those price points again. i have a feeling many of these peoples mindset will revert back to their pre purchase mentality. Hop on board and hodl as the eco system has changed and more belief in btc has come into fruition.

Those who bought in the ranges of 13k and above must have sold their bitcoins in loss. There might be very few people who have such a holding power and a mental strength to hold the coins for over a year and still not panic seeing bitcoin moving down to 3000$.

That's something like what I am trying to say.

[Globb0]

Golly Mic

you folks sure eat a lot of carbs

I remember when I could do that...and drink...sigh

1 more day till my first month of Keto is complete 16 3 to 14 7 so far, so good.

[Globb0]

Meanwhile, Bel Air mansion could easily become a venue for the 100k party. Who needs Vegas when you have this:

https://www.businessinsider.com/most-expensive-lease-los-angeles-mansion-for-rent-price-photos-2019-6

Fill it up with booze, hoes and blow and it's ready for the ultimate party!  

Champaigne pinball machine looks cool too

$1.5m per month but I guess we could negotiate and rent it for 1-2 nights...  

A month does sound cool

[LFC_Bitcoin]

Golly Mic

you folks sure eat a lot of carbs

I remember when I could do that...and drink...sigh

1 more day till my first month of Keto is complete 16 3 to 14 7 so far, so good.

Saw a Porsche yesterday when I was getting a coffee - car registration was G1 OBO - I tried to get my phone out quickly to take a pic but it drove off.



Are you UK based, was it you?

[serveria.com]

Meanwhile, Bel Air mansion could easily become a venue for the 100k party. Who needs Vegas when you have this:

https://www.businessinsider.com/most-expensive-lease-los-angeles-mansion-for-rent-price-photos-2019-6

Fill it up with booze, hoes and blow and it's ready for the ultimate party!  

Champaigne pinball machine looks cool too

$1.5m per month but I guess we could negotiate and rent it for 1-2 nights...  

A month does sound cool

Too much for my almost-40yo health...    we'll fuck and drink ourselves to death there....  

[elrippos friend]

GOOD MORNING!
Rise and shine family!
Observing 10745!
Or 18.45 BTC per Lambo!



Lamboindex.com
Where is Gyrsur?

Laughing my ass off  

You shouldn't as you'll see the number starting with 0, there soonish

I personally do not think that this effect will be "soonish" if you intend to define soonish in the next 365 days, but eventually this will be the case for sure 

[NeuroticFish]

to get out of the valley we need to overcome 12K

Now there is a section of negotiation in 10.5K and 11.5K (strong resistance) that the brave can take advantage of the movements to obtain some benefit, but my option is HODL.

HODL is is clearly the best option. Clearly, Bitcoin will rise more, sooner or later.
But short term movements are interesting too. Will keep my eyes at the 12k mark, let's see if it'll fall (until) tomorrow.  

Or 18.45 BTC per Lambo!

1 BTC/Lambo is so far anymore. Maybe Christmas? Or I wish too much?

[BitcoinGirl.Club]

Good morning WO!

Obesrving @ $10,660.

Are we taking a break ?

[BitcoinGirl.Club]

1 BTC/Lambo is so far anymore. Maybe Christmas? Or I wish too much?

Too much wish. I would like a slow and steady ride.

[LFC_Bitcoin]

1 BTC/Lambo is so far anymore. Maybe Christmas? Or I wish too much?

Too much wish. I would like a slow and steady ride.

Christmas, no chance. 1BTC = 1 Lambo a few years away imo.

[Globb0]

Brothers,
What's your take from this: https://bitcointalk.org/index.php?topic=5157191.0

Well it is a good story. First she was confused about what to expect with the milk expanding. She had a linear expectation while living in a non linear world. ( big mistake).

No one knows how high Bitcoin will go or not go. Personally I would be uncomfortable with ALL my wealth in Bitcoin. ( that is just me) My strategy is selling some during extraordinary Bull runs and putting the proceeds into other assets. ( that is just me). All of my bitcoin is at no cost. It is all house money. Which means I will not be like the Gypsy.

That being said, I am also uncomfortable not owning enough relative to my net worth. ( I guess it is personal to everyone's situation )

That is my two cents.

O.k... I decided to comment in that thread too. 

I agree that the milk story is a bit of a non-fit in how it might apply in bitcoin.

So, yeah, in bitcoin we are better off to have a kind of incrementalist behavior rather than perceiving the underlying asset as an all or nothing proposition while attempting to time the tops, which would be nearly an impossible task and tends to NOT be necessary, anyhow, because bitcoin's cycles do tend to cause it to ultimately go higher with higher highs and higher lows, even though it could take years to play out or to figure out at which price points you would like to cash out some or all of your BTC stash.

I agree with you, nikauforest, that putting all of your wealth in bitcoin would seem to be a foolish approach because currently we live in a world in which fiat continues to have value and might even be quite useful for monthly expenses, and also it is likely going to be good, too, to hold some wealth in other assets, even if some of those are utilitarian, such as a car or computer, or just having a stock of food and water supply.  Housing  is also a good example of a place that could be useful and practical to hold some wealth.

Ill go for a version.

A Bulgarian woman had a fishing float (bitcoin) she kept it at the bottom of a lock. But one day the water kept rising. She was like smooth. It kept rising almost to the top. She knew she could remove the float anytime if it was to start draining drastically. But she just watched the float bobbing about in the lock.

One day it rose up so high the little float bobbed of into a big river, then into a huge river, then into an ocean. The woman was very happy for her faith in physics.