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

[mindrust]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

I am panicking either way.   When it goes up, I am panicking for missing the cheap coins. When it goes down, well I am panicking because it is going DOWN!

[Wilhelm]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

This shows he is not a trader. Traders don't act on emotions.
It's easy to say you will buy at $8k when it is $10k. But it feels crappy if it dips to $8k. The fear it might go lower.... but hey it's easy money not free money....

Anyhow I'm buying on the way down.... When it goes up again I'll be laughing the whole way up  

[Lambie Slayer]

-snip-

Krubster also on the ball. With sufficient specificity to claim the Gold Star.

-snip-

Before posting, I should have thought about an actual award (other than the coveted stars, of course). Working from the seat of my pants....

/.../

Gold Star: Krubster wins $100 USD worth of crypto.

-snip-

Payable in each winner's choice of BCH (ha!) or BSV (haha!). PM me your addresses, gentlewinners.

Good job, all.

Wow, that's very generous of you sir.

Since you were listening to Mr. Antonopoulos, I suggest you donate my win to him. So he can keep up the great work that he is doing.
1andreas3batLhQa2FawWjeyjCqyBzypd
https://aantonop.com/donate/

jbreher is indeed a gentleman but lets not forget he is still a tricksey bear...   One must pay attention to the fine print.  Andreas probably has the necessary wallets but I dont know the addys..

Have to see how he wants to handle it. Maybe a PM is in order so as not to get lost in the shuffle.




+2 WOsMerit
------

Gentlemand is the poet laureate of the WO for sure.

+1 WOsMerit


------

Happy to say that today I used up a bit less than half my filthy fiat ammo and bought Bitcoins for the first time since this past winter.

Would have been nice to buy under 6k, but at least I didnt fomo in at 13900  

Feeling bullish. Keep accumulating boyz. You have nothing to lose but your fiat banker chains.

257 days into the new BTCull Market and all is well.  

-img snipped-

+1 WOsMerit

#stackingsats
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Red Alert...Shields up!

Lower low observed.  I know most of you dont care for this retracement but I think its great. More opportunity for cheap coin. I am curious what is driving this sell off for it is obviously artificial imo.

#dyor
1h  sheesh..this is obviously a four hour chart..


4h  ..and this is a one hour chart...go figure.

#buythedips

maybe dipshit CSW is dumping his last few hundred coins to pay for the Kleinman legal fees as ordered. He isnt off the hook for legal fees regardless of his not having the one million coins to split. Dont know what can be done with it being a US court. Anyone know how international debtor judgements work? If he lived here they could seize his bank accounts, property, and garnish wages. Perhaps this just means he can never do business or own anything in the US.

[Saint-loup]

Next 12 hours is extremely critical.

LOL    

[somac.]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

I am panicking either way.   When it goes up, I am panicking for missing the cheap coins. When it goes down, well I am panicking because it is going DOWN!

Ha, that's very true. The mind and emotions are a funny thing.

[El duderino_]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

I am panicking either way.   When it goes up, I am panicking for missing the cheap coins. When it goes down, well I am panicking because it is going DOWN!

Damn that must be stress full .... Do you still eat good, sleep good  

[Wilhelm]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

I am panicking either way.   When it goes up, I am panicking for missing the cheap coins. When it goes down, well I am panicking because it is going DOWN!

Just keep enjoying the ride  

image from tenor.com

[somac.]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

I am panicking either way.   When it goes up, I am panicking for missing the cheap coins. When it goes down, well I am panicking because it is going DOWN!

Damn that must be stress full .... Do you still eat good, sleep good  

I'm sure he's very used to it and not really in panic. I feel the same way just have no panic or stress.

It's a bit more like "damn I should have bought more when it was lower" and " c'mon just go up you bastard, 4 digits suck" kind of a catch 22 thing

[Lambie Slayer]

FUCK.

Now you can panic.

93xx

First you hope 9-8-k-ish coins to buy cheap..... Now you panic, I really cannot follow your way of thinking

I am panicking either way.   When it goes up, I am panicking for missing the cheap coins. When it goes down, well I am panicking because it is going DOWN!

Damn that must be stress full .... Do you still eat good, sleep good  

Mr. Goose my friend if you diverted all of your food, travel, and drink expenditures into pamping Bitcoin we would hit 20k next week

JK buddy, couldnt help myself, u know i love all the food and booze pics, keep em coming!

[mindrust]

Damn that must be stress full .... Do you still eat good, sleep good  

I don't remember when was the last time I had a good sleep. Eat? I am all skin and bones.

***these has nothing to do with btc or charts. I am not really panicking neither. I learned not to panic between 2013-2016. Just a bit excited that's all. I like wild price moves. My position is panic-proof. (unless it goes below $3k. I would start panicking really hard at that point)

[ivomm]

This dump looks exactly like 27.07 - 10200 to 9500 at once and after that to 9200. Both dumps are so identical that I think they are made by the same person. He didn't want to sell at 10200 but to bring the price down as much as possible. Otherwise he could have sold for hours/days if necessary. This may be related to some whale in bitmex who put earlier enourmous bids. I hope I am not right and it is just the usual stop loss/longs closing thing. Otherwise it would be sad that we can't break the 12K resistance because of one manipulator. Needless to say, Bitcoin will overcome again the curse of Bitmex. (And I think all hodlers curse these manipulators, so they have to live with a lot of bad energy around them!  )

But all is OK. I've just sent 640 euro to CB. 10% discount is a nice bonus, if this is the will of the whales, so it be! The sum is too small, so I don't really care. This month I am happy to buy 0.11 BTC. So, if we stay for 10 years between 9K and 12K, I will be able to buy 10 BTC. And when we finally move to 20K (this is the worst worst absolutely impossible scenario of course), I will again achieve my goals in terms of USD. But I see  50K coming in 3 years of course! And after that, what I bought around 10K I will keep for 100K and so on! Living on the 10x principle! God, I wish I knew I had to buy when I first heard about Bitcoin - it was $280 that day! It took me 1-2 years to get into it. Well, no matter how late I entered, I just need an year at least half as good as 2017!

[JayJuanGee]

Bitcoin is in a bull trend. People calling for a bull trap don't realize that it just cannot be in the 8 month long bull trap. If this was the case and bitcoin turns bearish on the longterm chart, it would be the first time in bitcoin history. So it's very unlikely. When no coiners realize that, it will be probably too late for them.

Yes... Exactly.

It is not impossible to reverse trends, and to get into a bear trend here, but the odds are quite low, and there are peeps filled with hopium betting on the improbable, but they will soon find out that currently, they should either be buying BTC or hodling whatever BTC they have - surely not selling and waiting to buy BTC based on wishes of lower BTC prices or waiting to buy BTC based on hopes of lower prices that are only able to go so low, currently, based on BTC in baby bull (attributes to lambie).

Bitcoin is in a bull trend. People calling for a bull trap don't realize that it just cannot be in the 8 month long bull trap. If this was the case and bitcoin turns bearish on the longterm chart, it would be the first time in bitcoin history. So it's very unlikely. When no coiners realize that, it will be probably too late for them.

Depends. At 50k it's still worth buying if it soon goes to 100k. It's all relative, never forget that.

But it sucks for people who bought at 19k, I am sure a lot of them sold eventually to settle for a loss. Probably the big majority. It's hard to take decisions in these moments, it's hard not to get emotional. History shows that during heavy dump, the best decision is to do nothing.

If those people exist who bought at $19k and sold without buying back, then they are are bunch of dumbasses who deserve to lose their money.

They need to have a better plan than "orange coin go up" especially if they are buying anywhere near the top of a recent 78x increase in BTC price (which could have easily been seen by a quick glance at many then existing charts).

[mindrust]

Let me explain it like this:

When I was really panicking in 2014,

I was trading on btc-e and I had like 2 btc on the exchange and I was playing the trading game. (buy high, sell low)

For example:

When it was Around $800. I sold some, but guess what? It went up instead of going down! Wtf, What to do now? Of course I bought back as soon as it went down to $825 from 850. Then it went down even further to $600.

That's how I used to panic. Stupid old days.

Then for a year or 2, I never touched BTC. Then started stacking in late 2016 with the new rules. I am still following those rules. So far so good.

[JayJuanGee]

Just curious, why silver and not gold?

Gold has been a better investment most of the time.

1)  The gold to silver ratio chart highly favors silver

2)  Silver is the most artificially downward rigged commodity on the entire planet in the futures market and the goal is to buy low sell high
 
3)  There's something like 1/4th the amount of above ground silver now as during the 1980's metals bull run while there's twice as much above ground gold since then.  Hard to quantify the exact supply numbers, but they favor a massive silver spike moreso than gold in any type of 'free market'.

4)  To prevent silver from being depleted and disappearing like it's current trajectory, the price will eventually have to go to several hundred dollars an ounce to warrant recycling in things like electronics

5)  In any type of monetary metals revaluation, the west has a huge shortfall in gold with probably somewhere between 0 to 2000 tons only, so would likely attempt to buffer the gold shortfall with silver valued at a high ratio like 10-20:1 instead.

6)  All other things being equal, silver has better fundamentals than gold due to having more use cases.  Commodity money works under the context that if you hoard the entire supply, people somewhere actually need the commodity resource for something and you can ask whatever the market can bear.  Conversely, since Bitcoin is not a real commodity or resource, if you hoard all 21 million the entire planet can just laugh at you and you have no power over anyone or anything.

Thanks for the constructive reply. That's what this forum is all about.

Yeah... we are all so god damned fucking lucky that we have Roach here 'splainin - the difference between Gold and Silver.  

That's why we come to this BTC/USD WO thread, to get the low down from Roach.  I kind of feel like hugging roach.  Go figure?

[JayJuanGee]

They oughtta register them ingots on a blockchain.

What good would that do?

Registering on a blockchain only seems to work for digital items, otherwise, you still have the problem of third party tampering..,. and chain of custody, etc., etc.

Digital items can be verified every about 10 minutes.... but then their chain of custody has to be on the blockchain too, such as bitcoin, so if the digital item is stamped on the blockchain, but then does not continuously get verified on the blockchain then it is kind of meaningless to have it stamped on a blockchain.

[BitcoinGirl.Club]

Good morning WO!
Not much change, observing @ $9,399

[BitcoinGirl.Club]

Then for a year or 2, I never touched BTC. Then started stacking in late 2016 with the new rules. I am still following those rules. So far so good.

Rule of hodling and buy whenever you have spare cash?

[mindrust]

Then for a year or 2, I never touched BTC. Then started stacking in late 2016 with the new rules. I am still following those rules. So far so good.

Rule of hodling and buy whenever you have spare cash?

Basically, Yes. DCA with throwaway money, Buy the dips and HODL.

Another thing I forgot to mention.

You need to have a target too. You need to know when to say: "enough is enough" (at some point you'll want to spend them. I am not really going to carry my wealth to my grave)

[Lambie Slayer]

This dump looks exactly like 27.07 - 10200 to 9500 at once and after that to 9200. Both dumps are so identical that I think they are made by the same person. He didn't want to sell at 10200 but to bring the price down as much as possible. Otherwise he could have sold for hours/days if necessary. This may be related to some whale in bitmex who put earlier enourmous bids. I hope I am not right and it is just the usual stop loss/longs closing thing. Otherwise it would be sad that we can't break the 12K resistance because of one manipulator. Needless to say, Bitcoin will overcome again the curse of Bitmex. (And I think all hodlers curse these manipulators, so they have to live with a lot of bad energy around them!  )

But all is OK. I've just sent 640 euro to CB. 10% discount is a nice bonus, if this is the will of the whales, so it be! The sum is too small, so I don't really care. This month I am happy to buy 0.11 BTC. So, if we stay for 10 years between 9K and 12K, I will be able to buy 10 BTC. And when we finally move to 20K (this is the worst worst absolutely impossible scenario of course), I will again achieve my goals in terms of USD. But I see  50K coming in 3 years of course! And after that, what I bought around 10K I will keep for 100K and so on! Living on the 10x principle! God, I wish I knew I had to buy when I first heard about Bitcoin - it was $280 that day! It took me 1-2 years to get into it. Well, no matter how late I entered, I just need an year at least half as good as 2017!

50k in 3 years, ffs what kind of FUD is this 100k or we form a global Bitcoin militia and take action.

[JayJuanGee]

Payable in each winner's choice of BCH (ha!) or BSV (haha!). PM me your addresses, gentlewinners.

Hopefully, you are really joking about the pumpening of any bcash variants (aka btc attack vectors) (as forms of payment) in this bitcoin thread.  

Just mentioning that kind of joke should cause you to corporally and viscerally receive adequate and meaningful punishment(s).  

Anyone got a BTC dildo?  A BIG one for jbreher?  Or would a dildo be too nice?