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

[JayJuanGee]

While anything can happen, sub $3k does not fit the sentiment.

not yet, but as you can probably agree opinions change with the price.    If it does i'll baerly belive it myself, but after 7 years of watching the charts,  it's always goes higher beyond reason and lower than I thought possible, but Mr Elliot and Mr Fibbonacci seem to know.

Yes... Great.... and you still have hope.


You have not seemed to learn that the trend is your friend, so when the trend begins, at $4,200 for example, at that point, you should not be expecting that $1k is inevitable, by ignoring that the trend is UP and not DOWN.

On the other hand, you are likely correct, when this current trend changes, in a couple of years, perhaps, it could be a kind of nasty break down into the 70% to 90% arena that crashes us back down to $30k and even lower.

[JSRAW]

~Snip~

Priorities matters

[fillippone]

I don’t Know if this has already been posted,
But in case:

https://www.cbeci.org/comparisons/

When someone tells you “Bitcoin network is su a waste of energy it could be spent doing something useful, or at least could save tonnes of C0₂ if turned down, just answer with this:

[jonoiv]

While anything can happen, sub $3k does not fit the sentiment.

not yet, but as you can probably agree opinions change with the price.    If it does i'll baerly belive it myself, but after 7 years of watching the charts,  it's always goes higher beyond reason and lower than I thought possible, but Mr Elliot and Mr Fibbonacci seem to know.

Yes... Great.... and you still have hope.


You have not seemed to learn that the trend is your friend, so when the trend begins, at $4,200 for example, at that point, you should not be expecting that $1k is inevitable, by ignoring that the trend is UP and not DOWN.

On the other hand, you are likely correct, when this current trend changes, in a couple of years, perhaps, it could be a kind of nasty break down into the 70% to 90% arena that crashes us back down to $30k and even lower.

 NVT ratio suggests you and countless others could be mistaken
http://charts.woobull.com/bitcoin-nvt-signal/

[serveria.com]

I don’t Know if this has already been posted,
But in case:

https://www.cbeci.org/comparisons/

When someone tells you “Bitcoin network is su a waste of energy it could be spent doing something useful, or at least could save tonnes of C0₂ if turned down, just answer with this:

Somebody please count the energy banks are consuming... you will be surprised!

[kurious]

I wish that people
would count haiku syllables
more accurately

To make a haiku
one must write to a rhythm
of five-seven-five

So that’s seventeen
syllables altogether
written in three lines

+1 WO-M (little time out)

Or is it addressing me as well?

Last week you had one or two a little off - but you are totally forgiven.  You may have your own version of a haiku sometimes, but your posts are always upbeat and a joy.

I do love the Sunday haiku tradition, I just penned that one in case anyone needed to know the normal haiku rules.  IIRC, way back, I spotted a V8 post (I wish I was as succinct as he is) that actually was an accidental haiku and I think out of sheer boredom others joined in.  Thus another bonkers thing on the WO became a tradition.

To compose a haiku
when there is no real reason
is really the point

In this erudite
and entertainment filled thread
a light Sunday treat

[d_eddie]

Haikus are lovely
why should we limit ourselves
to Sundays only?

[El duderino_]

I wish that people
would count haiku syllables
more accurately

To make a haiku
one must write to a rhythm
of five-seven-five

So that’s seventeen
syllables altogether
written in three lines

+1 WO-M (little time out)

Or is it addressing me as well?

Last week you had one or two a little off - but you are totally forgiven.  You may have your own version of a haiku sometimes, but your posts are always upbeat and a joy.

I do love the Sunday haiku tradition, I just penned that one in case anyone needed to know the normal haiku rules.  IIRC, way back, I spotted a V8 post (I wish I was as succinct as he is) that actually was an accidental haiku and I think out of sheer boredom others joined in.  Thus another bonkers thing on the WO became a tradition.

To compose a haiku
when there is no real reason
is really the point

In this erudite
and entertainment filled thread
a light Sunday treat

Again.... still out of sendables
I Will learn one day to propperly master them

[Elwar]

Some memorable haikus I remember from my English class in high school when they taught us about haikus.

My friends:
If I was hot dog
then everyone would like me
I'd look like a dick

children in the snow
playing laughing having fun
joey is frozen

Mine, after my teacher told me haikus are usually about nature (I didn't really like my teacher):
nature is real dumb
so why is it always there
let's get rid of it


I submitted mine to some poem thing where other kids got to comment on it.
Needless to say, the comments were not too nice  
Most common response "I think you're dumb. We should get rid of you"

[El duderino_]

@Ken....




11400
Sunday, Haiku tradition!
Look the bull pee green....

[El duderino_]

Train

Moon

Ccmf

Crazy F***s

Green

Dildo’s

Whatever memes

Insert Some please

No acces myself

[kenzawak]

@Ken....




11400
Sunday, Haiku tradition!
Look the bull pee green....

Four glasses of wine
Five and we might have seen pee
Damn that was real close

[El duderino_]

@Ken....




11400
Sunday, Haiku tradition!
Look the bull pee green....

Four glasses of wine
Five and we might have seen pee
Damn that was real close

10+ minimum or a strong one added with the wines

[JayJuanGee]

While anything can happen, sub $3k does not fit the sentiment.

not yet, but as you can probably agree opinions change with the price.    If it does i'll baerly belive it myself, but after 7 years of watching the charts,  it's always goes higher beyond reason and lower than I thought possible, but Mr Elliot and Mr Fibbonacci seem to know.

Yes... Great.... and you still have hope.


You have not seemed to learn that the trend is your friend, so when the trend begins, at $4,200 for example, at that point, you should not be expecting that $1k is inevitable, by ignoring that the trend is UP and not DOWN.

On the other hand, you are likely correct, when this current trend changes, in a couple of years, perhaps, it could be a kind of nasty break down into the 70% to 90% arena that crashes us back down to $30k and even lower.

 NVT ratio suggests you and countless others could be mistaken
http://charts.woobull.com/bitcoin-nvt-signal/

What am I mistaken about, exactly?  Not selling below $6k and hoping for it to drop?

I already mentioned to you several times, that I could give two fucks about the direction of price in the short term.  Accordingly, I am a long term investor, and I have strategies that attempt to protect me(and to profit a little) from expected short term volatility (even when that volatility happens to be extreme.. which tends to be a kind of given). 

So, I don't really attempt to predict short term direction, but I do tend to point fingers at likely dumbasses who either 1) make bets with all their BTC stash 2) make short term predictions that are significanty larger than 70% in either direction, 3) try to persuade others that they know BTC's price direction with any kind of certainty and/or 4) act as disingenuous troll/shills or bitcoin naysayers.

You, jonoiv, seem to tick off most of those behaviors, and you are somewhat persistent about your wrongness, so no doubt that sooner or later, you are going to be correct... while considering all of the opportunities that you missed by selling your whole BTC stash at sub $6k prices.  At some point you might realize that you should get back in, and maybe that will be in the supra $100k prices, and likely you will be bragging your ass off when you 2x your investment at that point, while I am fairly confident that guys like you find ways to lose money, no matter what the market conditions because you always "know best."   

[AlcoHoDL]

Why do most coiners who foolishly sold at the bottom become permabears and proudhon/kwukduck clones?

[LFC_Bitcoin]

Why do most coiners who foolishly sold at the bottom become permabears and proudhon/kwukduck clones?

Depression & self hatred due to the worst decision they ever made in life. It eats them up inside & after ruining their own lives they want to try & take everybody else down with them.
Kind of like - ‘if I can’t have it, I don’t want anybody else to either’.

If it was me & I’d sold way too low & couldn’t afford to get back in I’d never come on here again.
I’d try to totally forget about bitcoin because it’d eat me up.

I guess their way of dealing with it is to try & trick others to sell too so they’re not alone in their misery.

[JayJuanGee]

Why do most coiners who foolishly sold at the bottom become permabears and proudhon/kwukduck clones?

Because they tend to be dumbasses who cannot get over their wrong conclusion that bitcoin is "overpriced", so their pride seems to inhibit them from making money and realizing that even though they may have sold in double digits, triple digits, or even quadruple digits, that they might also be able to make money when then buy in the quintuple digits today and likely in the sextuple digits in the future.

[FrodoBagHolder]

Hello WO’s happy 7/7.  I am considering buying a watch from the site prestigetime using a (small) part of my stash. Wondering if any of y’all have experience with purchasing a watch with the corn? Obviously hate to part with any at this juncture, but do like supporting that BTC economy  

[kurious]

Haikus are lovely
why should we limit ourselves
to Sundays only?

Eddie I agree
wholeheartedly but haikus
Just fit on Sundays

For contemplation
And finely formed poetry
Sundays are perfect

[JayJuanGee]

Hello WO’s happy 7/7.  I am considering buying a watch from the site prestigetime using a (small) part of my stash. Wondering if any of y’all have experience with purchasing a watch with the corn? Obviously hate to part with any at this juncture, but do like supporting that BTC economy  

You can buy and replace, too.

Or at least buy and then set some BTC prices in which you will replace, if the price gets that low, which can be at whatever level you deem to be reasonable for your situation.