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

[Searing]

Meh.

Easy come easy go.

I'm just wanting a little sideways time and everyone to get comfortable with the price were at.

Define: Comfortable?

Again 4/5/19 BTC was $5,050. Now it is $12,527.35. Really? Comfortable? Sideways?

I may be a HODL'er but looking back, comfortable is not the word I'd use.

I'm somewhere, I believe between ecstatic and terrified.

I alternate back and forth according to FOMO/PUMP/FUD and my own insecurities.

But historically speaking looking back at 4/5/19 $5,050

I'm anything but comfortable at sideways, a bit less terrified maybe, but not comfortable.

I suppose it could be like when BTC went form 2 bucks to 12 bucks and sideways back in the day. (I wish)

Bitcoin Price does what it does to the befuddlement of all most times.

Brad

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[JayJuanGee]

hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

Your strategy to play "all scenarios" should not be dependent upon how many coins you have.

In any event, you should be able to create a sound strategy as long as you are NOT selling too many, and mostly focus on accumulation.  Once you get enough coins, then your strategy of how to sell, perhaps incrementally could become more clearly to you... but for some reason I have my doubts.. because anyone selling 50% of his stash in one point.. seems like too much of a gambler to ever really become rich.

Also, your contemplation that this could be "the last bull run" shows that your head is not in the right space.. and you likely need more edumacation in order to be straightened out, but I am tentatively thinking that you might be a lost cause... so why the fuck try to help someone who seems to be screwed up in several ways, including foundational principles?

[Ibian]

hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

Your strategy to play "all scenarios" should not be dependent upon how many coins you have.

In any event, you should be able to create a sound strategy as long as you are NOT selling too many, and mostly focus on accumulation.  Once you get enough coins, then your strategy of how to sell, perhaps incrementally could become more clearly to you... but for some reason I have my doubts.. because anyone selling 50% of his stash in one point.. seems like too much of a gambler to ever really become rich.

Yeah, no. If you have enough coins to last the rest of your life at the present moment then... that's one scenario. If you have ten fucking bucks worth then that's quite another.

[DireWolfM14]

But imagine millions of people living in tiny things like that, just shitting wherever.

Golden Gate Park?

[Ibian]

But imagine millions of people living in tiny things like that, just shitting wherever.

Golden Gate Park?

Nice try, but no.

There is a map of san-fran with a little brown dot for every place human poop has been found.

The entire fucking city is one brown blob. It's not just the park.

[JayJuanGee]

hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

Your strategy to play "all scenarios" should not be dependent upon how many coins you have.

In any event, you should be able to create a sound strategy as long as you are NOT selling too many, and mostly focus on accumulation.  Once you get enough coins, then your strategy of how to sell, perhaps incrementally could become more clearly to you... but for some reason I have my doubts.. because anyone selling 50% of his stash in one point.. seems like too much of a gambler to ever really become rich.

Yeah, no. If you have enough coins to last the rest of your life at the present moment then... that's one scenario. If you have ten fucking bucks worth then that's quite another.

I have played pretty conservative strategies all of my life, and have been accumulating and accumulating and accumulating wealth..

Seems to work pretty well.  I have met a lot of folks who gamble more than me, and doesn't seem to work as well for them.. but I suppose there could be ways to get gambling strategies to work.. perhaps?

[fillippone]

Merited because is the second best laugh of the day (after the one I posted first this am).
And today has been quite a good and happy day.

[yefi]

Hell yeah BTC.

So far this has not even corrected to the 50% Fib bull market intact IMO. We all know price went up too far too fast. We have seen this before and will see it again.

Volume is also looking very healthy now for continuation. For Coinbase, which tends to be a fiat->crypto bridge, it's the best day since 6th Feb 2018 (and we still have two hours left).

[600watt]

bitcoin is funny.

you know it is going to climb so hard it makes you dizzy. you know it. then it happens and yet again and you get dizzy.

you know that between now and new ath there is a lot of gut wrenching corrections. you expect them. then they happen and you are yet again gut wrenched. a 20% daily gain turning into a loss is not the usual investors game.

guys like boblaw have gained and lost millions in the last 24h

[bkbirge]

WTH happened at Coinbase? I see they are back online now.

[HI-TEC99]

But imagine millions of people living in tiny things like that, just shitting wherever.

Golden Gate Park?

Nice try, but no.

There is a map of san-fran with a little brown dot for every place human poop has been found.

The entire fucking city is one brown blob. It's not just the park.

And the average home price there is $1.62 million! People are prepared to pay a lot to live in a city full of people just shitting wherever.

[Ibian]

But imagine millions of people living in tiny things like that, just shitting wherever.

Golden Gate Park?

Nice try, but no.

There is a map of san-fran with a little brown dot for every place human poop has been found.

The entire fucking city is one brown blob. It's not just the park.

And the average home price there is $1.62 million! People are prepared to pay a lot to live in a city full of people just shitting wherever.

And the fucking plague is making a comeback.

[kurious]

Coinbase fucked!

Just back up... was a little concerning with Finex out too.

But all seems well.

[bitebits]

Have to catch up many pages, but movie watching atm, just paid my debt

Cheers bitebits!!!

Can confirm! Last time I was of by $3 to run with the price, so had to improve my accuracy. Any future price prediction I make you better pay attention

All fun aside, it feels weird receiving such a generous amount just for having some fun. I am sure Mic is doing well for himself, and I do too with or without Bitcoin. It is play money nowadays but staying humble is important to me and realize we really are fortunate being here this time in history. There are a lot of preconditions understanding the value of Bitcoin and being able to invest, which many less privileged will likely never meet.

Need to make up my mind what I will do with it, probably nothing/hodl which is what I am good at. It might one day make a positive change in someone’s life.

Cheers Mic, I owe you a drink or two!

[jbreher]

WTH happened at Coinbase? I see they are back online now.

Pro never hiccupped. Not for me, anyhoo.

[JimboToronto]

Oh noes.

[BitcoinNewsMagazine]

bitcoin is funny.

you know it is going to climb so hard it makes you dizzy. you know it. then it happens and yet again and you get dizzy.

you know that between now and new ath there is a lot of gut wrenching corrections. you expect them. then they happen and you are yet again gut wrenched. a 20% daily gain turning into a loss is not the usual investors game.

guys like boblaw have gained and lost millions in the last 24h

I respect successful day traders who can scalp a living. Me, I prefer medium to long term trades lasting months to years. You will never be able to predict exact turning points, but identifying a trend and taking a position is not that hard. You just need a piece of the trend, don't get greedy. So far bitcoin has well rewarded the large majority of long term holders.

[DireWolfM14]

But imagine millions of people living in tiny things like that, just shitting wherever.

Golden Gate Park?

Nice try, but no.

There is a map of san-fran with a little brown dot for every place human poop has been found.

The entire fucking city is one brown blob. It's not just the park.

I have a good friend who lives on Lincoln, right across the street from the park.  He walks out to his truck in his goulashes and changes his shoes before climbing behind the wheel...  No fucking joke.  Believe me I'm familiar with the capitol of liberal cesspools.  I live in the county just north of the city, were the rich liberals live, and don't tolerate plebe poop in the streets.  I'm one of the 7 registered Not Democrats in the whole fucking county.

Yes.  You are crazy.

It keeps me from going insane.

Holly body slam, Bat Man!  I'm buying the dip! 

notbad prediction in the end!

Even a blind squirrel finds a nut now and again.  

[600watt]

bitcoin is funny.

you know it is going to climb so hard it makes you dizzy. you know it. then it happens and yet again and you get dizzy.

you know that between now and new ath there is a lot of gut wrenching corrections. you expect them. then they happen and you are yet again gut wrenched. a 20% daily gain turning into a loss is not the usual investors game.

guys like boblaw have gained and lost millions in the last 24h

I respect successful day traders who can scalp a living. Me, I prefer medium to long term trades lasting months to years. You will never be able to predict exact turning points, but identifying a trend and taking a position is not that hard. You just need a piece of the trend, don't get greedy. So far bitcoin has well rewarded the large majority of long term holders.

absolutely.

[bitChipper]

WTH happened at Coinbase? I see they are back online now.

Pro never hiccupped. Not for me, anyhoo.

Meanwhile on cryptocurrency subreddit:

-This always happens!!

-Tried to cash in but no luck!!!!

-How convenient! It's almost like they know they can take your money and you have no recourse!!!

Wonder how many 2017 newcomers still use coinbase front end like an exchange?