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

[rdbase]

May many pigeons shit on that thing.

Nah.
He will just have bullet (pigeon droppings) proof glass installed all around it.
He likes to keep any image of himself from getting tarnished as well.

Doesn't seem to care too much about his public image  

Yeah. After his speech for the fourth of july and messing up what happened in american history there is no more shame to this orange man. He blamed it on the teleprompter malfunctioning.
Now get to think of it, I believe he tans himself so dark because he wants to seen as gold member from the austin powers movie.

[LFC_Bitcoin]

I like somebody who can look after me, obviously they’d have to be hot though. I like fake tits, botox, lip fillers & stuff like that.

Ok, so who's gonna post the first picture of a botoxed grandma with huge boobs ?
Me !



No ? Wait, you're right, we can't see the tits.
How about this 47 yr old grandma then ?

Second one is definitely my style

[jojo69]

I have not tried Trezor, so I have no opinion. I have a ledger nano-s and still use Armory Wallets with offline air gaped signing.

this

the hardware dongle, in my case trezor, has never been out of its packaging

[gentlemand]

I’m 33, been with my girl for 11 years. We’re not married but I can’t see myself with anybody else. If for some awful reason something happened I’d probably go for a little older.

I like somebody who can look after me, obviously they’d have to be hot though. I like fake tits, botox, lip fillers & stuff like that.

At the age of 43 or 44 or whatever I am I don't think I could face someone under 30 and that's pushing it, more like 35. I'd have an irresistible urge to pat them on the head and offer them grandfatherly advice.

Nothing to do with maturity or not, much more to do with different stages of life which can't be manouevred around. Can't really see the point in investing time in someone when what seems barely noticeable now becomes a full on burden when I'm keeping my prostate in a glass by the bed. I'd rather rot at a similar pace to my piece of meat.

[BitcoinGirl.Club]

You feeling a little safer Elwar?

Getting better. Nadia and I got married and we're moving on with our lives.

Congratulations brother. Sometimes you will feel bore but married life is a treasure, trust me. Enjoy it in full 🙂

[kenzawak]

Second one is definitely my style

No kidding !  

[gentlemand]

How does that work ? To you digitally re-insert it, and snap into place as needed, or do you simply keep it in the glass as a memento ?

More sentimentality but you never know what technology will bring.

I'll dry it out in the sun and remember the days when I was not incontinent and even got the occasional erection.

I may even wedge it between my thighs every Christmas eve.

[BitcoinGirl.Club]

Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network

This is big, no?

BIG

[jojo69]

having 4 or 5 obedient 17 year old males around would be pretty dammed handy.

Ha! Haha! HahahhhaaaahhahahahahHahahaHaaaa!

Hoo, boy. That's rich.

Just got to raise them right, spare the rod and all that...says the non-parent 

[JayJuanGee]

$4250

I sell land if that happens #forreal

The odds for below $4,250 seem pretty damned low, even though that was our breakout point.  How far below 40%?  Maybe 33%-ish? 

So, yeah Lindy effect and momentum suggest that we are more inclined towards UP rather than down, and even a break down to $7k would not really negate any BTC UP thesis.

Frequently, it can be difficult to assign probability values to various price directions and how far it is likely to go in one direction or another.

Recent times, I have heard from relatively credible Bitcoin proponents that we are likely to go to $8,500 or below before going back above our local yearly high ($13,880)...... so whether those predictions are reasonable or not, I still would wonder whether such a down correction to $8,500-ish would at this time would have a value greater than 60%, and surely if we were to go UP before DOWN, then the down before up thesis would not be completely negated, it would just need to be reassigned different values.. and likely there should be a bit of an assessment that buyers are just not sufficiently able to keep up with higher and higher prices.

Either way, we seem to be sitting pretty damned pretty with these ongoing supra $10k prices and with the passage of time, it seems quite likely that more and more buyers are catching up to this price.  No complaints from this cat.  Meow.

[JayJuanGee]

$6,790.  Just enough to make everyone poo their pants.  Then massive green dildo.  

Soooooo you are saying sell all your coins buy back at 6K and double the Corn??






[size=2pt.......]F*** I would never ever eveeeeer take a risk of selling and buying back cheaper, especially not when i'm able to gain corn with FIAT or poker[/size]

For most people it is not realistic or even a practical suggestion that they should be striving to accumulate bitcoin through poker or other gambling methods.  Yeah, that might work for some peeps, including yourself, but the vast majority of people are not served well when they engage in a gambling lifestyle or to rely on gambling tactics to earn an income.

In other words, those gambling strategies might work for you, but that is a suggestion that is contrary to other BTC accumulation and hodl suggestions that you seem to be suggesting.  So, yeah, to the extent that you are suggesting to just keep buying bitcoin that is a great idea, but the vast majority of peeps do not win money in gambling and cannot win money in gambling, even though that might be one of your personal eccentric specialities (purportedly).

[jojo69]

I like fake tits, botox, lip fillers & stuff like that.

ewwwww

[BitcoinGirl.Club]

For most people it is not realistic or even a practical suggestion that they should be striving to accumulate bitcoin through poker or other gambling methods.  Yeah, that might work for some peeps, including yourself, but the vast majority of people are not served well when they engage in a gambling lifestyle or to rely on gambling tactics to earn an income.

In other words, those gambling strategies might work for you, but that is a suggestion that is contrary to other BTC accumulation and hodl suggestions that you seem to be suggesting.  So, yeah, to the extent that you are suggesting to just keep buying bitcoin that is a great idea, but the vast majority of peeps do not win money in gambling and cannot win money in gambling, even though that might be one of your personal eccentric specialities (purportedly).

I lost more than win in gambling. But sometimes it's f**king addictive.

[JayJuanGee]

probably my next mouse

Looks perfect for high volume shit posting on bitcointalk. JJG / V8 / Mic are you paying attention over here?

I will not rise to your flocculent trolling for one moment, young liberal colonial channeller that you are. Don't deflect your rampant rodent ignorance onto us immortals.
Where would this puny thread be without us and our fellow shitposters? Without our painstaking and fulsome analyses of DCA'ing and laddering? Without our {whatever it is I do}? Without our peepee shots?
These questions are rhetorical. An answer is not required.

I am not sure whether I follow the stringing together of these various thoughts, but I do agree with the idea that it helps to be able to witness a variety of perspectives in this thread, even if some of us might want to beat up on each other from time to time.. or even if we can figure out whether some of the peeps are genuine, if they are really peeps or if their ideas are somewhat consistent and understandable.

It is also interesting that this WO thread has evolved into a kind of "everyman" thread, and you get some peeps who chime in with suggestions that they have been following this thread for many years, and all of a sudden they will start to contribute or even to beat up on the trolls, shills and the misinformation dumbfucks - and no names need to be mentioned regarding the from time to time or even the persistent troll/shills - but there is a decent amount of pleasure to see that trolls and shills tend to be kept in a decent amount of check, here, as compared with some other places on the interwebs where it can frequently be quite difficult to sort through the misinformation bullshit.

By the way, I have also seen some people (mostly in other bitcoin-related threads) asserting that bitcoin's adoption is dying down and bitcoin just does not seem to be going anywhere in terms of the size of the community, but the actual evidence does not support those kinds of conclusions, so if anyone here is into bitcoin podcasts, some very quality bitcoin podcasts have come onto the scene - and sure there are shitty ones out there pumping altcoin bullshit, but we have a lot of good information sources out there, they don't really get paid for their content, and some of these great content sources have only come into bitcoin in recent times.. so we have OGs mixing with more newbies, and I have been noticing that some of the newbies really know their shit... and have figured out that bitcoin is the dog (aka king, aka not the tail).

[JayJuanGee]

For most people it is not realistic or even a practical suggestion that they should be striving to accumulate bitcoin through poker or other gambling methods.  Yeah, that might work for some peeps, including yourself, but the vast majority of people are not served well when they engage in a gambling lifestyle or to rely on gambling tactics to earn an income.

In other words, those gambling strategies might work for you, but that is a suggestion that is contrary to other BTC accumulation and hodl suggestions that you seem to be suggesting.  So, yeah, to the extent that you are suggesting to just keep buying bitcoin that is a great idea, but the vast majority of peeps do not win money in gambling and cannot win money in gambling, even though that might be one of your personal eccentric specialities (purportedly).

I lost more than win in gambling. But sometimes it's f**king addictive.

Don't get me wrong, I am not a total gambling prude, but we should realize that gambling is not a good strategy for the vast number of people, but they can have fun with gambling if they are able to employ it with a large amount of moderation and they don't attempt to build their investment strategy around any kind of gambling approach.

Winning strategies tend to be a bit slower, more monotonous, but more assured of long term profits.. Frequently, if guys employ a gambling strategy (or approach), then they will always say that they will stop once they achieve x, but they frequently will continue to be tempted to try x+1 and then x+2 and then x+3, and at some point, the odds catch up and they are worse off than if they had merely employed a non-gambling approach from the get go, and then just continued to employ the non-gambling approach - with maybe only a small amount of side money that might be used as gambling/fun money.

[VB1001]

High & Tight Flag?

https://twitter.com/Pladizow/status/1147505429150359558

[BitcoinGirl.Club]

Don't get me wrong, I am not a total gambling prude, but we should realize that gambling is not a good strategy for the vast number of people, but they can have fun with gambling if they are able to employ it with a large amount of moderation and they don't attempt to build their investment strategy around any kind of gambling approach.

Winning strategies tend to be a bit slower, more monotonous, but more assured of long term profits.. Frequently, if guys employ a gambling strategy (or approach), then they will always say that they will stop once they achieve x, but they frequently will continue to be tempted to try x+1 and then x+2 and then x+3, and at some point, the odds catch up and they are worse off than if they had merely employed a non-gambling approach from the get go, and then just continued to employ the non-gambling approach - with maybe only a small amount of side money that might be used as gambling/fun money.

Gambling is not my investment strategy (I hope it would but I can't control my greed when I gamble, I fall for odds). It's an entertainment but I have to admit that I have lost a lot in gambling which cost me to lose my BTC too.

[JayJuanGee]

ladder style

I won't be able to mention ladders (in the JJG/Jbreher sense) without secretly or openly laughing at the memory of Globb0's words - brainwashed ladder drone. Which reminds me, I really owe an sMerit there, and now I have one, so I'll comply.

I don't recall the significance of such a comment.  Maybe I missed it?

I think that laddering could be an attempt to remove a lot of the thinking - and I have said that many times in terms of the execution remaining bot-like, yet the bot does not program nor tweak itself, so there could be too much modesty or even misrepresentation(s) to conclude that no thinking is involved.

Also, I have frequently suggested that people who employ ladders should attempt to find a kind of balancing that works for their own circumstances and views, so in that regard, there should be few ladderings that look exactly alike except through a kind of happenstance that several peeps might reach similar conclusions that cause them to be setting their trading intervals and/or even their amounts similarly.

Another individualistic question would be to determine whether you are employing your ladder in a BTC accumulation phase, maintenance phase, or if you are engaging in a kind of short or long term liquidation phase.  None of these phases would be absolutes, and for me personally, I considered myself in heavy accumulation in 2014, and a lighter form of accumulation in 2015.  By the time we reached 2016 and 2017, I had considered myself to be mostly in maintenance which seems to continue to be my phase, and tentatively, I am expecting variations of my liquidation phases to begin in a few years, and mostly my thoughts of leaning more towards liquidation is because of my own age and life expectation considerations, rather than due to where bitcoin is at exactly, and surely it is helpful for my own thinking that my BTC accumulation and maintenance has been able to run for a while, and such running of accumulation and maintenance phases causes the likely upcoming liquidation phase to play out with a lot more comfort and ability to give less thought or rethinking regarding whether I am doing the right thing, for myself...

In other words, I tailor to myself and don't give too many ratt's asses about what bitcoin is doing or what other peeps might think.... yet it seems that participating in a forum like this has allowed for an ongoing brainstorming about my strategy, and surely I have learned a lot along the way in terms of the strategy that I attempt to employ and various ways that I attempt to describe my strategy in order that other peeps can pick and choose the extent that they might apply parts of my strategies or thinking to their own approach.

[JayJuanGee]

If you're 99% certain that the price will go significantly down from now, in the next few months, why not sell some of your stash, and keep that fiat to buy more later ? The risk is minimal when the price is high like right now.

Who the fuck is going to be 99% confident about anything?  If you are 70% confident in bitcoin, then that is pretty fucking strong, and frequently people who are greater than 70% confident are likely setting themselves up for disappointment, especially in the short term.

I know many here talk about buying BTC regularly, but personally I don't earn enough fiat to invest significantly in BTC. I must already invest more than 20% of my salary in my "401K" (because my employer doubles it, and it's a sound investment), so after that, not much is left.

Regarding 401ks and other traditional investments, it is likely going to remain prudent to invest at least as much as the employers matching amount, and sometimes it could be prudent to also invest in some kinds of funds that allow you tax deferral.


Yet, bitcoin is a bit of a different animal, and so there could be a considerable amount of dilemma if anyone is running out of money by "maxing" out their 401ks in terms of at least getting the matching funds, so then a question might be whether a  person has additional funds that can be reasonably and prudently invested into bitcoin, which will vary from person to person, and one of the problems is that bitcoin might be creating some confusion about whether it could be even a better investment than getting matching funds - especially in terms of the benefits of being able to increase control over wealth.  Tough choices that individuals have to make without any answers that are necessarily correct for all persons.

Part of the reason that building wealth can take a whole hell of a long time, is that the vast majority of young people won't necessarily have been able to build up their wealth or have received wealth from parents or even have been able to get into a decent job that has even a 401k plan with matching funds.  Knowing about bitcoin and having that option should be good for a lot of young people whether they have other options or not, yet I am frequently concerned when anyone, wether young or not, attempt to rush their path to richness, even while there might be ways that even young people with no assets, might be able to hedge a little more into a risky asset and become rich a lot faster than traditional paths, and bitcoin is likely going to continue to serve as one of those possible vehicles that allows an amount of value appreciation that is greater than other traditional investment avenues.

[JayJuanGee]

Many shorters burned this year

I clicked some thread the other day about a guy that lost his life savings attempting to short Dashcoin when it was artificially rigged upwards in that pump and dump Roger Ver was involved in.  He kept piling on more and more as the trade went against him.  I almost shorted the hell out of that thing too from being so stupidly overpriced.  I actually know how to manage risk, but still would have lost a bunch.  Glad I didn't.  Morale of the story:  never short fake, rigged markets (aka bitcoin and all other digital scamcoins).

Decent point about the risk of shorting, and even can apply to bitcoin as well like you suggested, even though bitcoin is not a scam coin and you are misleading when you are lumping your ideas like that without properly differentiating bitcoin.