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

[aesma]

Well have fun paying massive tax, being put on on some sort of list, and also get some good lawyers. Biggest reason to hold is that even if your bitcoins are from licit origin, it's a gamble how the government will deal about it.

Also lol at this is the last bullrun.

I'm not too worried about the risk in my country, the worst that can happen is to lose the money, and I can live without it. I'm not interested in living in fear.

It's easy to treat lightly my comment about the last bullrun, but when the price hits a low, then a new low, and that lasts for months, it's very depressing. Last time I had only kept enough cash to pay back all my investments, so that I'm now neutral, but for the next time, I definitely want to have cash in hand.

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[g-uid]

few things piss me off worse, smug fucking self serving parasites

You just described 99% of the people on this forum.  People like Marcus of Tel Aviv and Trace Mayer constantly making up outrageously stupid lies about Bitcoin to try and trick people into buying it to enrich themselves like claiming Bitcoin is "tangible".  

Or claiming it's "decentralized" when tokens are non-fungible with transaction validators being designed to centralize making it nothing more than a permissioned ledger, govt tracking and enslavement system.  Or that it removes middlemen when it has built-in, rent seeking middlemen.  Bitcoin has zero fundamentals (except as a govt tracking system) and is complete garbage compared to physical metals

Can you speak more on why Bitcoin is non-fungible? I understand it to be fungible, i.e., my 1BTC is equivalent to your 1BTC and therefore interchangeable for either of us to spend accordingly.

[Last of the V8s]

@Dire sorry bro 

Don't be, I think I'd rather be wrong.  It was only 0.08BTC.  Whoooohoooooo!

Buy back in now on this dip?
Sell tomorrow tonight at 17k !!1

[lightfoot]

Looks like a dumpey dump is in the works. Drat.

Edit: Whoops, NM. Back at 13250.

[aesma]

This made me laugh. Good on ya. HODL   BTW congrats on becoming hero!

Thanks. I became hero just before the change. I post much less now, so no chance to get merit.

I have basically the same idea as LFC_Bitcoin, except I'm guessing he has more coins than me.

[HairyMaclairy]

Is this a pump or news behind this run?

No news.  Only pump. 

[VB1001]

https://blockchainwhispers.com/bitmex-position-calculator/

 

[LFC_Bitcoin]

This made me laugh. Good on ya. HODL   BTW congrats on becoming hero!

Thanks. I became hero just before the change. I post much less now, so no chance to get merit.

I have basically the same idea as LFC_Bitcoin, except I'm guessing he has more coins than me.

It’s all about having a nice fiat income so you can live nicely. The money we make from bitcoin can buy the real stuff, big house, holiday home etc.

I need a % of my bitcoin profits to work for me though - i.e. bring money in. Otherwise no matter how much you have you’re just spending bitcoin to live & I don’t want to do that.

I’ll sell about 6BTC at $25,000.
I’ll sell around 50% of my proper stash at $100,000 & invest that properly to make money.
I will then be in a position I never dreamed of until inheritance which will be a long time hopefully.

I owe bitcoin so much. It’s going to make so many of our dreams come true.

[LFC_Bitcoin]

Is this a pump or news behind this run?

No news.  Only pump. 

HM, what the fuck is going on?
Are we going to hit $50,000 - $100,000 BEFORE the halvening?

[jojo69]

So what is this I hear about horror stories of people making a test transaction out of a large old wallet only to fat finger the unspent change into an incompatible, unspendable address type??

[Ibian]

So what is this I hear about horror stories of people making a test transaction out of a large old wallet only to fat finger the unspent change into an incompatible, unspendable address type??

Segwit continues to remain a mistake.

[VB1001]

Good morningggggggggggggggggggg WO,s 12700

The road is clean up to 13500 or more...

We already reached 13500, here there may be a small profit taking, but the resistance up to 14500 is very thin.

[gentlemand]

So what is this I hear about horror stories of people making a test transaction out of a large old wallet only to fat finger the unspent change into an incompatible, unspendable address type??

Gis some background and context then.

[Globb0]

Someone said it then got help to resolve it with a few steps. Non story?

[gentlemand]

Someone said it then got help to resolve it with a few steps. Non story?

Cool. I'm taking a long flight tomorrow so you've just provided my reading material.



Here's something to ponder - https://old.reddit.com/r/BitcoinMarkets/comments/c5kv7z/daily_discussion_wednesday_june_26_2019/es3rptd/

https://old.reddit.com/r/BitcoinMarkets/comments/c5kv7z/daily_discussion_wednesday_june_26_2019/es3s3az/

'What is the best way to shake me out of my coins, 30% corrections (been through those last cycle, am conditioned), OR raise the price in unsustainable fashion where I am conditioned that I will be able to buy back in later after a correction?'

[jojo69]

Not trying to spread FUD, I just want to make sure I understand any possible modern pitfalls.

[HI-TEC99]

So what is this I hear about horror stories of people making a test transaction out of a large old wallet only to fat finger the unspent change into an incompatible, unspendable address type??

You are probably best asking here.

https://bitcointalk.org/index.php?board=4.0

That board is full of technical experts.

[HI-TEC99]

Someone said it then got help to resolve it with a few steps. Non story?

Cool. I'm taking a long flight tomorrow so you've just provided my reading material.

Don't breath the air on the plane.

https://en.wikipedia.org/wiki/Aerotoxic_syndrome

https://www.ncbi.nlm.nih.gov/pubmed/24713335

[jbreher]

I hate to get you back "on topic" jbreher, but I would like to confess that I made a bit of a orderbook/laddering/incrementalism "screw up."  

I had some sell orders fill in around the $11,950 price area, so I was resetting my buy orders, and the price was around $11,867, but I was setting one of my buy orders to buy back some of my coins in the $11,200 arena, but instead of typing $11,200, I fat fingered it (typed $12,200), and I accidentally bought immediately at $11,867.  

I know it's fashionable to hate on Coinbase 'round these here parts, but Coinbase will not let you make an order that is on the wrong side of the market. Such as buys for more than market nor sells below market. Rather than rounding to market, it just refuses to book the trade. Has kept me from making similar mistakes in the past. Might be worth looking into.

Edit (21 minutes later):
Problem resolved.  Correction sell order filled.  I reset the correction sell order for $11,982-ish... because there was a little bit of a wall of coins at $11,984, so I wanted to make sure that my orders got filled, instead of getting stuck..... but either way the matter was resolved because the price went up beyond my amounts, and I was able to reset my buy orders back to the original intended amounts

Congrats.

I probably have told my coinbase woes in the past.  Anyhow coinbase was one of my first places to buy bitcoin, and surely I used their trading platform for years too.  About a year ago, those fucktwats froze my account would not really give me any explanation, so in essence I have been kicked off of their platform.  Yes, I am familiar with their fat finger protection algorithm, I had been saved by that a few times too, on that particular platform (in the past).

Is it my imagination or did I just actually read a civil exchange between yogi and JJG?

Of course. You are acting like you are new here, though I know you are not.

You goofball <-- semi obligatory JJG style taunt

[jbreher]

Wow, 5 min BTC/USD chart looks like an underdamped 2nd-order system response!

Should make some control engineers rich...

If you can work out the time constant...