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

[JayJuanGee]

Every up/down, I make a profit.

Wow, you're making a profit every second of every day?

There might be quite a few reasons to razz jbreher, but this is not one of them....

Meh, anybody can say anything. I really only give credit to people who have the foresight to say something that turns out to be verifiably correct later.

O.k.  I am not afraid to give jbreher shit about a variety of things, including his bitcoin bashing, big block pumping or bcash uptalk, but the laddering shit is real, whether he is actually doing it or not might be another story.

Of course, we have to take all of this shit on the interwebs with a BIG ass grain of salt, and ultimately, each of us has to come to our own conclusions.

I recall that I started posting about my laddering in late 2015 into 2016, and I was still trying to figure things out, and jbreher had bashed me several times on this and even saying that  there were reasons that he thought that it did not work including that he had done it before.. blah blah blah...

so yeah, I took his 2015/16 feedback with a decently sized grain of salt because I had already worked out a system, and in the next few years after I have been applying it for a long time, I know that it works really well.  Whether jbreher or anyone else is actually employing the system well or not does not matter, because the system itself works well.  So, if jbreher says that the system works well he is saying something accurate.  If he is saying that he is making a lot of money from such system, then of course, you can take that with some grain of salt regarding whether he is exactly making money and whether he is making money, but really, I think that you are taking it too far.  Of course, we should be skeptical of folks, but merely because they are not credible on some other things such as bcash pumping and bitcoin bashing does not make thing non credible on everything - but I can still kind of understand why you would have your doubts about jbreher because he really has been dragging his name through the mud for a long time with the bcash crap and his dumbass talk of BIG blocks goes back to at least late 2015, if not earlier.

Those posts indicate value in the poster. I also find breaking news items to be valuable, along with social banter, and pics of scantily clad women.

Well. Yeah, we have a variety here, so you won't necessarily appreciate everything.

Posts where people talk about how awesome they are for things they said they have done are of no value.

Maybe it depends on context - because biodom or someone else started talking about how they hate volatility, and there are a lot of folks whining about volatility... .but I say "what the fuck" to that and so does jbreher...   So, I guess I share that in common with jbreher in terms of attempting to profit from the volatility... it's fucking almost inevitable, so why the fuck are people complaining about it so much?  You gotta either learn to live with it and accept it, or better yet to be able to profit from it, to the extent that you are able to profit from the near inevitable.

Having said that, I do value my anonymity, which is why I can't disclose who I write for or what else I do to make ends meet.

Yeah but who cares?  I don't really find it valuable to find out what someone real life status might be.  That does not and should not give them any more credibility in these interwebs.  In these interwebs (including this forum) there are other ways to measure credibility, to the extent that it is needed. 

[1714149557]

1714149557

[1714149557]

1714149557

[1714149557]

1714149557

[1714149557]

1714149557

[1714149557]

1714149557

[JayJuanGee]

Nice

For those monetary archaeologists trawling this forum in the year 2140, the price of BTC just went from below $11,000 USD (is the USD still a thing in 2140?) to over $11,600 USD in the course of less than three hours.

I'm assuming that is what prompted the comment of 'nice'.

Yeah, but bitserve just seems to be attempting to employ some kind of word variation creativity, by moving from "fine" to "nice"

Longer quotes:

"This is fine"

"This is nice"

In other words bitserve is getting excited.

Might need to repeat the below LFC post, to more accurately depict what is really going on in the life of bitserve, currently, but his attempt to retain his composure while not wanting to admit it:

Just gonna leave this here

[El duderino_]

via Imgflip Meme Generator

[Paashaas]

I believe Bitcoin will make a new ATH this year.

[becoin]

I believe Bitcoin will make a new ATH this year.

There is no doubt about that!

[bakasabo]

Bitcoin - best sponsor for poster artists  

[El duderino_]

I believe Bitcoin will make a new ATH this year.

There is no doubt about that!

I'm one of the guys that share the same believe, as I also believe that there is much volatility and we can go down as well....

But put everything together and just see all the positive momentum, good news etc that would make me believe UP instead of DOWN, though i'm good for both ways short  term, as I just strongly believe that the long term UP is imminent ....

[vroom]

bitcoin dominance reached 100% https://coinmarketcrap.co/  

[El duderino_]

It's against the rules for merit sources to trade their smerits for anything of value

So this means we can still trade merits for BSV or Beam?



I do hate being out of merits, but it does encourage me to think up ways to farm up more merits. My sMerit supply is so piddly that when they trickle to me its like a weak stream of urine on my head.

I understand the pun about that shit hardly being worth anything - but surely it has not gone to zero yet, so "technically" there is arguable value there, so I wouldn't take any of those kinds of chances, unless you want to be removed as a merit source... which I believe would be the most likely remedy..........

Don't take a joke as an actual fact

[fillippone]

Bitcoin - best sponsor for poster artists 

This is so oald.

Full size Bitcoin  Website:
https://www.phneep.com/projects/bitcoin-propaganda/

[btcbeliever]

choo choo bitcoin  
time for some consolidation for a few days, please!

Don't tell me that we have another one chasing the train...

Common btcbeliever ... common.. run... run ... run.....


I will hold out my hand... hang onto your suitcase and run... you can do it... you can do it.....  


with a name like "btcbeliever," you should not be chasing the btc train, AmiNOTrite?

85% of my networth is already in Bitcoin. 
I am  NOT going to buy any more, no matter where the price goes,
Untill I sell 80% of it
And it next drops by at least 75%.

I just hate the pure excited joy followed by gutwrenching dumps
Before I unload.

My cost basis is about $12-$40 per btc.

[El duderino_]

It's time (again) for a Wall Observer Meta Post!
Last Week LoyceV updated merit file late, that's why we are having two updates in a short amount of time.
This is the last weekly update, from now on I will update only on the first release of every new month, typically on the first Friday of the month!

Merit analysis based on LoyceV merit file: http://loyce.club/Merit/merit.all.txt

Merit updated to Friday, 2, Aug, 2019 02:48:42 UTC

                  
Merit circulation decreased again this week. Crickets and tumbleweeds everywhere and holiday didn't help merit circulation.

Still fixing glitches here and there, I am using this to getting better at data management. JayJuanGee is back with a great sending spree!
I will make this post monthly, updated after the first merit release of the month.

Currently out srry

Probably 14 days till replenish  

[El duderino_]

@fillippone, did you open this resto?? 

[fillippone]

It's time (again) for a Wall Observer Meta Post!
Last Week LoyceV updated merit file late, that's why we are having two updates in a short amount of time.
This is the last weekly update, from now on I will update only on the first release of every new month, typically on the first Friday of the month!

Merit analysis based on LoyceV merit file: http://loyce.club/Merit/merit.all.txt

Merit updated to Friday, 2, Aug, 2019 02:48:42 UTC

                  
Merit circulation decreased again this week. Crickets and tumbleweeds everywhere and holiday didn't help merit circulation.

Still fixing glitches here and there, I am using this to getting better at data management. JayJuanGee is back with a great sending spree!
I will make this post monthly, updated after the first merit release of the month.

Currently out srry

Probably 14 days till replenish  

I will put a yellow post-it here on my monitor.
Here, done.

[fillippone]

@fillippone, did you open this resto?? 

LOL! If you see me into that, please one shot in the head.
After a quick look at this place webpage
https://www.instagram.com/cafecryptoria/

I can confirm: THIS IS NOT ITALIAN CUISINE.
Anyone serving this shit in Italy would be banned.

[Bossian]

A good day.

Sold 30% of my assets for a +24% profit.

Best of luck everyone.

[JSRAW]

@JJG If I were that confident, then I would have been all in when the price was around 3.2k mark , but I am optimistic about one thing. If its goes up from here and touch 50k and so on in next 2-3 years then I am a happy and prosperous guy like rest of WO's members, maybe early retirement at the age of 32-33 or perhaps not, only time can tell. However, I don't like the idea of early retirement only because I am workaholic, and more importantly, I love what I do for a living plus money is good too 

But if everything goes south, then my stash going up for sure. As I mentioned a few times, I am religiously stacking up BTC because my 50-80% salary comes in BTC and top of that I put fresh fiat regularly. Due to this, I am already sitting at little more than 2x what I had sold during my first bull run experience. not going to lie but these little pump hurt me sometimes, luckily i hardly cash out my BTC salary so in the end all good.

To sum up all gibberish, Mentally and financially, I am ready for all kind of situation.


PS : Yes, Sad for voodoo ritual 

[nutildah]

Having said that, I do value my anonymity, which is why I can't disclose who I write for or what else I do to make ends meet.

You write -- loud 'n' proud -- for sportsbet.io. It's right there in your sidesig, ... whore.

That's true. I also have other writing jobs, believe it or not. Most recently I wrote a press release for Paxful. That was kind of interesting.

Every up/down, I make a profit.

Wow, you're making a profit every second of every day?

There might be quite a few reasons to razz jbreher, but this is not one of them....

Meh, anybody can say anything. I really only give credit to people who have the foresight to say something that turns out to be verifiably correct later.

O.k.  I am not afraid to give jbreher shit about a variety of things, including his bitcoin bashing, big block pumping or bcash uptalk, but the laddering shit is real, whether he is actually doing it or not might be another story.

Since breher decided to hit me with a golden firehose of merits I'm going to re-evaluate my attitude toward him, because I am a whore after all.

My g.f.: Come outside with me.
Me: Wait, I have to see where these new merits came from. Oh, they're from jbreher, that's weird.
g.f.: Why?
Me: Because I'm not very nice to him.
g.f.: Why you're not nice?
Me: Well, I dunno...

[JayJuanGee]

It's against the rules for merit sources to trade their smerits for anything of value

So this means we can still trade merits for BSV or Beam?



I do hate being out of merits, but it does encourage me to think up ways to farm up more merits. My sMerit supply is so piddly that when they trickle to me its like a weak stream of urine on my head.

I understand the pun about that shit hardly being worth anything - but surely it has not gone to zero yet, so "technically" there is arguable value there, so I wouldn't take any of those kinds of chances, unless you want to be removed as a merit source... which I believe would be the most likely remedy..........

Don't take a joke as an actual fact

You read my first words in the first line:  "I understand the pun"?  Your team recognizes the recognition contained therein?  

[JayJuanGee]

choo choo bitcoin  
time for some consolidation for a few days, please!

Don't tell me that we have another one chasing the train...

Common btcbeliever ... common.. run... run ... run.....


I will hold out my hand... hang onto your suitcase and run... you can do it... you can do it.....  


with a name like "btcbeliever," you should not be chasing the btc train, AmiNOTrite?

85% of my networth is already in Bitcoin. 
I am  NOT going to buy any more, no matter where the price goes,
Untill I sell 80% of it
And it next drops by at least 75%.

I just hate the pure excited joy followed by gutwrenching dumps
Before I unload.

My cost basis is about $12-$40 per btc.

Fair enough, and yeah you should be sitting fairly pretty, too.. maybe even o.k. with selling off a bit or diversifying here and there.

You could have had an opportunity to sell off some during our last run up to $19,666 and buying back some, or all or more, or whatever at up to 85% price drop.. but we never know when a big price drop is going to happen, so I doubt that it is necessary to either have to sell off a high percentage or have to buy back at such a high percentage drop in order to still profit stupendously from any actions in that direction.

But yeah, even if your average cost per BTC is in the high end of the range, then that is 290x profits.. Most peeps should be pretty comfortable with that and given a lot of options in order to shave off portions of their BTC profits whenever they want, and to buy back whenever they want.. and don't get worked up about actual numbers because it does not matter too much if you are swimming in those kinds of profits - almost no matter where you sell.