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

[JayJuanGee]

OK Wall Observers!
[pumping shitcoins]

You are sounding desperate, RoomBot?

Did you not have enough BTC dip in the past year and a half to be able to accumulate some more BTC without having to resort to shitcoin pumpenings?

Is there no shame, anymore?

[JayJuanGee]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Great idea to buy with your income.


What are you going to do?  Are you borrowing?  Mortgaging the house?  selling everything in order that you can make 5x in a few years? 


You do know that 5x is not guaranteed, too, right?

[JayJuanGee]

  I realized you are thinking to invest all your free money. That's not exactly what I do. I invest %20-40 of that free money but it used to be higher when btc was below $10k. At some point I was going all in with my free money but not now. This shit is complicated and I don't think anybody knows what he is doing. If btc goes to zero right now, oh man that would be so big it would trigger a world war. Think about all those people and their life savings in btc. :O

It does not seem to be a bad idea to have an investment plan,  even if it is investing 100% of free money, as long as the person has enough money to cover all expenses, including emergency expenses, and also be prepared for the BTC price to go down, rather than up - and expect not to access your BTC for a decent amount of time - maybe 5 years (but if the price comes up to a better price, then of course you can adjust your plan and to cash out some earlier than 5 years because the market is performing better than expected.

But the difference between guys like me, and arrogant guys like ivomm (ivommit?) is that the second lot will likely never dare to sell on time.

I have sold several times since I first bought in 2017, and what was 1 BTC originally became 1.38 BTC with time. That's what "know-it-all" ivommit does not understand  

Bitcoin price has some many ups and downs that it is quite easy to do, much easier than on the stock market.

I won't lie, sometimes I had to wait 8 months for the price to go where I wanted, but it always went there eventually. I dared to press the sell button and that will help in the future, people who never pressed the sell button may feel incredibly nervous to the point that maybe they will never sell until BTC disappeares? (let's be honest BTC dying is also a possibility).  



PS: about the edit part, I was obviously sarcastic about buying 700 euros of BTC per month (my average monthly savings), that would be incredibly dumb to do. No need to explain why.   

I doubt that there is any need to compete against other guys (gals) or to suggest that your plan is better than theirs.

Hopefully, each person tailors his/her plan to his/her own situation and is able to figure out what is preferable.

Just like you are willing to wait 8 months or longer for your target, there are also plenty of BTC hodlers who are willing to wait 5, 10  or 20 years while employing an accumulation and HODL strategy that does not involve selling any BTC.. just continue to buy and accumulate.  Those people have historically become rich, and there is no reason to believe that the future might not have some similar patterns as the past. 

There is also a gamble with any kind of HODL and accumulate strategy that involves the possibility that bitcoin can  go to zero.  Of course, any prudent strategy should consider that possibility and be prepared to lose everything or to have some kind of cash out plan if such situation seems to be coming.. there are also some who are more than willing to hold to zero, if that is what happens.  Currently, BTC seems to have a whole hell of a lot more of them holders of last resort than any other currency, who will likely not only hold but will likely continue to buy all the way down to zero, which decreases the chances of BTC actually going to zero.

[RoomBot]

Immediately upon passing each quiz.

well I completed 4 quizzes, so that should be $8 worth of XLM, I left it sit all day and they still haven't shown up...something's fucky

Well, damn. I'd say, contact support, but that's one of the reasons why we hate them.

I say, go rage on Twitter and embarrass the crap out of them.

Upside is they have free converting to BTC when you finally do get your shitcoins.

They also offer free trading on GDAX, but I haven't been there.

Sorry, Mate.  Hope you get 'em soon.

[RoomBot]

....

Immediately upon passing each quiz.

And the irony is, if you get a question wrong  it doesn't even matter.
You get to keep guessing until you get it right.  
It's like your shit coin prize is a "Participation Trophy" ...Hmmm, where have I heard that before?
...What a farce.  
Whatever.. I got $20 worth of bitcoin for a few mouse clix.

...something's fucky

in crypto land??!  no way!!

.....

Oh, and one more thing  ....I paid for all the physical gold and silver coins that I hold with  "free digital shitcoins" that were given to me.

Thank Satoshi that someone got their shitcoins after all my shilling!   LMAO

/SSSSSSSSS

[RoomBot]

I figured it out.

They don't go to your Coinbase Pro account but to your regular Coinbase account that nobody uses.

Also...uh...when did Coinbase relent and credit us with the BSVs ??   I have a sudden shitcoin bonanza...oh joy...(that is sarcasm for our non english first language folks)

Now I have to figure out how to get rid of these fucking things.

Free conversion tool on coinbase 1.0

[Paashaas]

Tick-Tock...

[JayJuanGee]

don't fucking try to do this unless you have so much BTC you feel like you need to do something about it... and recklessly blowing it all on lambos, whores and coke is not your thing.

FTFY

Yep.  Some peeps seem inclined to throw their money away rather than having a lil fun with it.  What is wrong with this world?

[JayJuanGee]

I already responded both that your facts are not correct and also,

So you're asserting that the charts I posted links to contain fraudulent figures? Interesting. I don't believe your assertion is correct, so I will tentatively conclude that you are delusional on these additional matters of fact.

I'll be happy to rescind my conclusion of delusional, just as soon as you post links to credible evidence of corrected data.

... and even if you might be using some actual facts ... emphasizing facts (if true) in your favor

I know that at one time, in about late 2017, you and your buddy, PeterR were advocating 50/50 or some baloney like that

Nope. You misrememberate. I think Peter suggested just not divesting your other Bitcoins. For my part, I have divulged several times that I have several times the number of BCH, and of BSV, than I do of BTC, though the dollar value of my BTC exceeds the rest of my holdings. And no, I do not feel stupid about it. I fully expect total vindication upon the onset of Blockalypse II. Even if not, I am doing just fine, thankyouverymuch.

<<... deflection continues ...>>

Lest we forget which facts JJG asserted are incorrect:

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more precisely, Blockalypse I.

OK, actually only the first two were facts. The last paragraph was merely a rational conclusion based upon those preceding facts.

Lest we forget that jbreher is the  deflector, here.  More or less we were starting  to talk about matters a bit more relevant, and those were some of your holdings and the weight of your bags.

Who gives any shits about  your attempts to describe bitcoin as broken with a bunch of made up bullshit,  and even if true, bitcoin all fixed now..,,, because we got's ourselfies some segregated witness, and the BIG blockers are still holding grudges about that....      Go figure.

[infofront]

[JayJuanGee]

And he is somewhat deluded into thinking that the possibility of a "blockapocallipse" is much higher than it really is...

You may wish to ponderate upon this trend line: https://www.blockchain.com/en/charts/avg-block-size?timespan=all

Nothing to worry just yet. Segwit and tx batching doing its job to increase capacity. And nothing a moderate (ie 2x) additional block size increase plus some LN adoption couldn't solve.

I never said we won't need SOME block size increase. Quite the contrary. But forking to go full retarded on 1GB blocks is... well... just retarded.

That being said, I understand your hedging.  If you believe there is a significant chance for a "blockapocallipse" severely hitting Bitcoin in the near future then... well... maybe your putting (some) of your money when your beliefs are...

Even if that were the case, crypto (as a whole) would be severely (if not deadly) hurt.

Ouch... third dumping leg... probably time to BTFD.

I understand, bitserve, that you are trying to give some benefit of the doubt to jbreher for his supposed hedging, but really, he is acting retarded as fuck with his various attempts to bring legitimacy to those bcash variants as either reasonable hedges or to act as if either of those bcash variants are actually legitimate projects beyond serving as either scam pump and dump vehicles, misinformation mechanisms and bitcoin attack vectors.  They can fuck off with any kind of description as a kind of possible legitimate hedge when it is just a fucking scam.

[HairyMaclairy]

According to the 2015 fractal, the final bottom of the 2018/19 bear market should occur on 16 August 2019between now and the end of August.  Given the rate of front running, I think better than even odds that the final bottom of 2019 is occurring right now.  

Translation:  now is a good time to buy (in moderation, like all things).

[nutildah]

First:

CSW rekt:

https://twitter.com/wizsecurity/status/1161338703710568448

Hobby prove done by some raspi judges?

Lol

This comment is actually valuable in that it shows how deluded the BSV cult really is. Because some pretty damning testimony came to light against CSW regarding evidence he submitted to court, the judge must not only be a BTC maximalist who runs his own Lightning node, but his bias is interfering with the relay of witness testimony. Just think about how truly moronic that sounds for one second. And then you are free to carry on with your day.

And he is somewhat deluded into thinking that the possibility of a "blockapocallipse" is much higher than it really is...

You may wish to ponderate upon this trend line: https://www.blockchain.com/en/charts/avg-block-size?timespan=all

Has nothing to do with a "blockalypse" because the blockalyse never happened. It simply means blocks are becoming increasingly full. If that makes you want to declare there's a bitcoin apocalypse, you're going to be sitting in that doomsday prep camp all by yourself. At best, in the company of geniuses like hv_ and alevlaslo.

[JayJuanGee]

For fucks sake JJG.  We discussed this yesterday. I asked you quite nicely not to quote Roach.

Ignored for a week for quoting Roach.

Oh my...

You asked me to not quote roach.

I said I would likely continue to do what I am doing, but i would consider the matter, which I did.

Don't try to suggest that either I made any assurances beyond that or that such assurances are even warranted or necessary for any of you goofballs trying to impose stupid-ass standards upon the free discretion of other posters.  

You gotta zoom out a bit, Roach.

Yeah, maybe some of your old-school PMs are doing relatively well in the short-term; however, if you come at the matter from a broader angle, those PMs have not faired too well, relative to bitcoin, and the future is likely to show a similar history in which, relatively speaking, bitcoin out performs them, by leaps and bounds.

So, yeah, revel while it lasts in some of your short-term pumpenings of various PMs including gold and silver.

Well, we almost made it 48 hours without another ignore...

Question: Oh gee, golly whiz.  I wonder how many fucks JJG gives about this matter?

Answer: .00023619.  (aka much less than one fuck given)    

[sheenshane]

3rd voter,


Ain't know why there WO brother who giving vote opposite to FOMO.

[HairyMaclairy]

We are also seeing a slight tether discount emerging, which may indicative whales are starting to sell tether and move back into Bitcoin.  Blue line is 1 USDT = 1 USD

 

[HairyMaclairy]

I predict we will get a slight relief rally after August 16

[JayJuanGee]

3rd voter,


Ain't know why there WO brother who giving vote opposite to FOMO.

Well, you are quite the bearish one to be expecting another nearly 25% drop in BTC price in only 4 days, and we have already had about 15% drop in BTC price in the past week.

Furthermore, a few weeks ago, we already had nearly 35% drop from the top to the bottom in this particular correction cycle.

Nonetheless, you are expecting more - even while we seem to largely be in a bull market, too.

I am not saying that your prediction could NOT happen, but I am saying that the odds seem to be a bit against you at this moment.

[VB1001]

https://twitter.com/search?f=tweets&vertical=default&q=bitcoin%20meme&src=typd

Just look at the waterfall on the right, HODL.

[zhekinsp]

https://twitter.com/search?f=tweets&vertical=default&q=bitcoin%20meme&src=typd

Just look at the waterfall on the right, HODL.

Hey babes,its time to climb up so don't be lazy and lay down like these on water falls.