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

[JayJuanGee]

Brainstorming is a decent way of interacting to allow for a wide range of reasonableness and to allow adults to come to their own conclusions.  Whether we are talking about crypto, diet or otherwise, there might be some areas of agreement and some allowance for variation of thought and variation of approaches.  When you are looking someone face to face, you should try to be polite, especially when they seem to be striving to come to a good conclusion based on facts, logic and reasonableness.  Still, some ideas, logic and conclusions are more reasonable than others.. so when you really go deep, you will have to tend to come out of brainstorming, stream of consciousness and relativism after a while because otherwise you would become rudderless.  Bring it back to crypto.  Sure, buy some various other cryptos, but much better to invest in bitcoin first and to establish yourself.. maybe dabble a bit with a small percent of your holdings, but currently, bitcoin has the most factual and logical backing.. so why get distracted by accepting a bunch of bullshit imitations or project that are doing something else that might have some merit in themselves but are weak in terms of the sound money component that somewhat relies on networking effects built around it, too.  But, yeah, in my lame attempt to stay somewhat on topic, I seem to be preaching to the choir, here.

I second that. All of it, i have always done it that way, because hope can't beat logic.
altcoin purists seem to think the other way round.

Maybe I am negating everything that I said in regards to my attempting to be open to arguments, facts and logic, however,  alt coin purists seem to be quite lost and don't really seem to comprehend what it is that bitcoin has to offer.  Now, if you can recognize what bitcoin has to offer, but you want to invest in various alts for some other utility propositions that they might have or that you are intrigued about various kinds of tech, then surely you should realize that you are investing in something that is different from bitcoin, but the real value proposition is in bitcoin's sound money, so in that regard, a decent amount of your value should be in bitcoin... probably 90% or more, but, surely I will grant that young people might want to experiment, so they could reasonably risk more and even justify lower amounts, but if they are starting to get below 50% then they are likely going to be getting reckless.. especially if those are considered as long term investments.

Even if bitcoin is the soundest of money, I do believe that it is quite likely that there are always going to be a decent number of people to attempt to fool who are going to want to invest into other scams, even 100 years down the road.... I am not going to be able to verify this personally, but hey, I also think that it could take a decent 50 years to really get bitcoin as a kind of global money, if things kind of progress as planned.. and I won't be able to personally verify this either. 

A bitcoin fast track would be to gain mass adoption in 20 years, and there would be a decent chance that I would be alive to verify such a happening, but I believe such quick adoption to be quite unlikely... that would be by 2040-ish.  .. gosh, that seems like a long time, as I am typing and thinking about it now. 

[jonoiv]

Take it to the bank, ATHs are a thing of the past for bitcoin. The clear downtrend continues.

aww look who's meriting you, people who are getting left behind. I'll be sure to quote this at new ath, maybe every new 5k or 10k after too, maybe a screenshot to get your meriters in on the sadness.

Not gonna be meriting you now am i, a true bitcoin fervorist as you are.  The guy that remainded bullish from 20k to 3.2k. 

[JayJuanGee]

Take it to the bank, ATHs are a thing of the past for bitcoin. The clear downtrend continues.

aww look
the sadness.

Not gonna be meriting you now am i, a true bitcoin fervorist as you are.  The guy that remainded bullish from 20k to 3.2k.  

Yeah.,. fuck Kingcolex.

He probably kept buying BTC all the way down from $20k to $3.2k, and now he is one of those shithead traitor (traders) who currently happens to be in profits, even if he had started buying BTC at the top and kept buying all the way down.

Fuck that.  

Would not want to be in profits, especially at this price point.  Better to be a no coiner than to be like Kingcolex.  

 


hahahahahaha

sucks to be you, jonoiv... selling all of your mediocre .5BTC stash at $6k and now waiting to buy back, and maybe only being able to get .25BTC by using the same amount that you sold.


 

[Syke]

Good point. Just please don't choose Thailand as a venue for the $100k party (dark humor sorry)  

I'll definitely be partying in Thailand at 100k.

[HairyMaclairy]

The dream lives on - we have popped back ubove the dream line.

Also the 30 day MA (green) seems to be showing some support.

[jonoiv]

Take it to the bank, ATHs are a thing of the past for bitcoin. The clear downtrend continues.

aww look
the sadness.

Not gonna be meriting you now am i, a true bitcoin fervorist as you are.  The guy that remainded bullish from 20k to 3.2k.  

Yeah.,. fuck Kingcolex.

He probably kept buying BTC all the way down from $20k to $3.2k, and now he is one of those shithead traitor (traders) who currently happens to be in profits, even if he had started buying BTC at the top and kept buying all the way down.

Fuck that.  

Would not want to be in profits, especially at this price point.  Better to be a no coiner than to be like Kingcolex.  

 


hahahahahaha

sucks to be you, jonoiv... selling all of your mediocre .5BTC stash at $6k and now waiting to buy back, and maybe only being able to get .25BTC by using the same amount that you sold.


 

yep that's right i have less than a quarter of a coin, maybe now ill get a few less hacking attempts on my accounts. Not really into flexing my crypto penis or organising prostitue parties like some of the WO thread regulars.  

I just like to come here to remind you that it's on the way to the phase C bottom.  Don't really care how many of you religous freaks gang up on me, ill trade as I see fit not be dupped into buying at this obviously troubling tme for the permabulls.  

[JSRAW]

Speaking of so called religious gang up.

[jonoiv]

Speaking of so called religious gang up.

If it was the whole world maybe.  it's not it's 90% of the WO thread, the spirtual home of all the religious BTC followers.

[RoomBot]

Anyone need kidney? 

"There are no excuses to be a nocoiner.

The biggest-ticket organ you can legally sell in the U.S. is your heart: They're going for a cool $1 million. Livers come in second, worth about $557,000 and kidneys fetch about $262,000 each.

That's like 200 BTC right there."

https://twitter.com/CryptoBull/status/1146115603469623296

Do you accept BTC?

[jojo69]

Sold 90%, I hope it's the correct choice.  I can't see it hitting over 12500 again in July at the very least.  The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback.  Could be a bad week from here on in.

Awesome idea!

You know you can go short with leverage right?

[JSRAW]

Speaking of so called religious gang up.

If it was the whole world maybe.  it's not it's 90% of the WO thread, the spirtual home of all the religious BTC followers.

With all due respect, its Bitcoin Forum and its WOT, where all Bitcoiner hangs out (Small, big, young, old, White, yellow, Brown, Black and Shitposters) so it's our little world you can call it bubble, you can even call posters delusional, you are very much entitled to your opinion, and i respect that. But it goes both ways.

And its 97% here  and 3% ( You sir along with Mr r0ach and rebel)

[jonoiv]

Speaking of so called religious gang up.

If it was the whole world maybe.  it's not it's 90% of the WO thread, the spirtual home of all the religious BTC followers.

With all due respect, its Bitcoin Forum and its WOT, where all Bitcoiner hangs out (Small, big, young, old, White, yellow, Brown, Black and Shitposters) so it's our little world you can call it bubble, you can even call posters delusional, you are very much entitled to your opinion, and i respect that. But it goes both ways.

And its 97% here  and 3% ( You sir along with Mr r0ach and rebel)

Yer it's called.

WOT (price movement tracking & discussion )    

not

WOT (price movement tracking & discussion as long as the disscussion is bullish)

I respect HODLers as I have always said, I just couldn't personally sleep at night on BTC in the current market.  Some people seem to sleep well on BTC.  personally i find it easier to sleep on EUR GBP or USD.

[bitcoinPsycho]

So embarrassing 

[bitserve]

Speaking of so called religious gang up.

If it was the whole world maybe.  it's not it's 90% of the WO thread, the spirtual home of all the religious BTC followers.

With all due respect, its Bitcoin Forum and its WOT, where all Bitcoiner hangs out (Small, big, young, old, White, yellow, Brown, Black and Shitposters) so it's our little world you can call it bubble, you can even call posters delusional, you are very much entitled to your opinion, and i respect that. But it goes both ways.

And its 97% here  and 3% ( You sir along with Mr r0ach and rebel)

Yer it's called.

WOT (price movement tracking & discussion )    

not

WOT (price movement tracking & discussion as long as the disscussion is bullish)

I respect HODLers as I have always said, I just couldn't personally sleep at night on BTC in the current market.  Some people seem to sleep well on BTC.  personally i find it easier to sleep on EUR GBP or USD.

True dat. I have been sleeping hodling BTC since 2013 and I can confirm sleep have been severely impacted many times along the way. The small/modest fortune I have amassed make it worthwhile for me though. Bitcoin is probably not for everyone. DYOR/YMMV.

This is fine.

[jojo69]

Winkelvii looking at making nice with Zuck and jumping on board with Libre.

BTC becomes part of the basket Libre is based on.

? ? ?

Profit!

[xhomerx10]

Winkelvii looking at making nice with Zuck and jumping on board with Libre.

BTC becomes part of the basket Libre is based on.

? ? ?

Profit!

 Wonder how much Zuck will have to give them for stealing Gemini? (or to get them to stop saying he stole Gemini after he steals it I should say)

[JayJuanGee]

Take it to the bank, ATHs are a thing of the past for bitcoin. The clear downtrend continues.

aww look
the sadness.

Not gonna be meriting you now am i, a true bitcoin fervorist as you are.  The guy that remainded bullish from 20k to 3.2k.  

Yeah.,. fuck Kingcolex.

He probably kept buying BTC all the way down from $20k to $3.2k, and now he is one of those shithead traitor (traders) who currently happens to be in profits, even if he had started buying BTC at the top and kept buying all the way down.

Fuck that.  

Would not want to be in profits, especially at this price point.  Better to be a no coiner than to be like Kingcolex.  

 


hahahahahaha

sucks to be you, jonoiv... selling all of your mediocre .5BTC stash at $6k and now waiting to buy back, and maybe only being able to get .25BTC by using the same amount that you sold.


 

yep that's right i have less than a quarter of a coin, maybe now ill get a few less hacking attempts on my accounts.

I will grant you that holding bitcoin does require some new learning in terms of guarding your various security mechanisms, and there have been a number of demonstrations that even the hardware wallets are more difficult to secure, if an attacker gets physical access to the device.

So, yeah, we gotta be careful out there if we are a BTC HODLer.  Accordingly, that could be an additional reason to diversify a bit more, upon profits, but it should not be a justification not to invest in mechanisms that allow profits.

Some people had also complained that if they were to realize profits then they would also have to pay taxes, but that seems like a lame excuse, too.  I mean, if I would have bought 10 bitcoins at $1k, so my total investment would have been $10k, and then I decide to cash out half of those bitcoins at $10k, then my profits on those 5 btc would be $45,000 (5 BTC x 10$k = $50k - $5k initial investment cost).  So if I pay capital gains tax, then my capital gains tax would be $6,750  ($45k x 15%), so my profits on that portion would still be $38,250 ($5k-$6,750).  Sure it is frustrating paying taxes, but it would be better to pay them than to suffer consequences of not paying... same with security, the more value that we have in our coins, then the more security measure that should be taken to protect them.

Not really into flexing my crypto penis or organising prostitue parties like some of the WO thread regulars.  

Attending such $100k party would be optional for anyone invited, and surely if you were organizing such a party, then that would be optional too, but could ensure with higher certainty that you would be invited.  Prostitutes are optional too, for those who have money, but would not be optional if you don't have money.  So, seems like having more money should give more options rather than fewer options.  You are kind of making my case for me, jonoiv.  I am not sure if I should thank you for that.  

By the way, I thought that you did not have any BTC, but if you have .25BTC then at least you have a micro-crypto-penis rather than no crypto penis at all.  So you gotta have at least some crypto penis in order to be able to flex it.  amiNOTrite?

I just like to come here to remind you that it's on the way to the phase C bottom.  Don't really care how many of you religous freaks gang up on me, ill trade as I see fit not be dupped into buying at this obviously troubling tme for the permabulls.  

You come in here hoping that perhaps some day you might be right, and perhaps when BTC surpasses $100k and doubles from there, and we get our evil correction down to $30k or lower, then at that point, you can say that you were right (technically or in spirit.).  You can actually say anything that you want, and perhaps some of us will be busy banging hos, donuting in our lambos and snorting blow.   But, yeah, I suppose that you have something to look forward to.... becoming more and more bitter while waiting to be right.

[jojo69]

Targeting July 31 +/- a few days for the next near vertical ramp.

Target price for the next sideways $16,700ish.

Expect increasing volatility, multi thousand swing days coming soon.

[rebal15]

Speaking of so called religious gang up.

If it was the whole world maybe.  it's not it's 90% of the WO thread, the spirtual home of all the religious BTC followers.

With all due respect, its Bitcoin Forum and its WOT, where all Bitcoiner hangs out (Small, big, young, old, White, yellow, Brown, Black and Shitposters) so it's our little world you can call it bubble, you can even call posters delusional, you are very much entitled to your opinion, and i respect that. But it goes both ways.

And its 97% here  and 3% ( You sir along with Mr r0ach and rebel)

If you are bitcoiner, why do you care about its price?

[rebal15]

Targeting July 31 +/- a few days for the next near vertical ramp.

Target price for the next sideways $16,700ish.

Expect increasing volatility, multi thousand swing days coming soon.

Will you buy BTC at $16k or not?