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

[jojo69]

gonna ride these alts down to all time lows...

[DaRude]

They're coming!  
https://business.financialpost.com/technology/blockchain/the-future-of-money-is-here-canada-should-take-the-lead-and-launch-our-own-cryptocurrency

That's their only option to hold off against Libra. While BTC gets popcorn

[Syke]

70. Too much co2? How about too little? At what point do we have a planet wide biological dieoff?

"Too little?" Yeah, that's not gonna happen.

[Ibian]

70. Too much co2? How about too little? At what point do we have a planet wide biological dieoff?

"Too little?" Yeah, that's not gonna happen.

Hockey sticks are fake news comrade. And doesn't answer the question. Why do you want all life on the planet to die, commie?

[Findingnemo]

I bought decent amount worth of bitcoin when it hits $8500 to $9000 in 2018 but after that it went to $3000 nearly which is the place most of the people lost their faith and sold their bitcoin for extreme losses.But you know I didn't do that mistake and now in profits

You were not able to buy below $8,500 and above $3,120 between about late 2018 and about May 2019?

Or did you feel that you were already too much invested in BTC?

I bought in mid 2018 not sure about the exact month but I bought where there is a bump from 6K region to 9K so I though that this is the bull run so buy and holding will make more profits then only I realized that it was bull trap so now I need to wait longer to get reap.

Anyway I started doing trades with small amount from my holding and making small profits and increased my total btc holdings.

[JayJuanGee]

.........
And just because I know people keep forgetting, co2 is not a pollutant.

.....
3. Human brain can tolerate only certain level of CO2 before you would be losing large IQ capacity. These levels are not too much higher than current (maybe about a double).
.......

Ibian might be living in a part of the planet that already has high CO2 levels.  He frequently shows such symptoms.   

[JayJuanGee]

gonna ride these alts down to all time lows...

Don't give up jo-squared!!!!!!!  You can do it!!!!!!!!!

Surely alt season is coming.... sooner or later.

[Negotiation]

Tim Draper: “#Bitcoin Will Affect Industries 10 To 100 Times More Than The Internet Did” What Do You Think? 💥🚀😎
Source: https://twitter.com/Eljaboom/status/1169211512336146432

[JayJuanGee]

I bought decent amount worth of bitcoin when it hits $8500 to $9000 in 2018 but after that it went to $3000 nearly which is the place most of the people lost their faith and sold their bitcoin for extreme losses.But you know I didn't do that mistake and now in profits

You were not able to buy below $8,500 and above $3,120 between about late 2018 and about May 2019?

Or did you feel that you were already too much invested in BTC?

I bought in mid 2018 not sure about the exact month but I bought where there is a bump from 6K region to 9K so I though that this is the bull run so buy and holding will make more profits then only I realized that it was bull trap so now I need to wait longer to get reap.

Anyway I started doing trades with small amount from my holding and making small profits and increased my total btc holdings.

I see that you registered in this forum just before the December 2017 peak.  Did you buy BTC in 2017?

You may know my story, but I started buying in late 2013, which was the then peak, and I had a 6 month plan that caused me to continue to buy BTC on a weekly basis all the way down during the first half of 2014, and then I extended my buying plan for another 6 months which caused me to continue to buy for the remainder of 2014, all the way down.   I can relate to buying on the way down, and it has paid off quite well for me, but it took me until about early 2016 before I started to feel on the border of profitability and my profitability did not really become unambiguous until late 2016.

Anyhow, if you are in the accumulation stage then it does not necessarily hurt to continue to buy, but if you are already selling or trading then you likely have advanced past the early accumulation stage and are in a bit of a more advanced stage (still accumulation, possibly?)  Taking profits in dollars has so far not been my practice, even though I do sell small amounts of BTC as the BTC price goes up, but I consider that to be a kind of insurance rather than taking profits.  Also, I can understand and imagine that at a certain point in my BTC balancing experiences, there are likely going to be some needs to start to take some of my profits in dollars, even though I don't currently perceive myself to be in such stage - even while getting close to 6 years of BTC buying, accumulating and HODLing experiences.

[Findingnemo]

I bought decent amount worth of bitcoin when it hits $8500 to $9000 in 2018 but after that it went to $3000 nearly which is the place most of the people lost their faith and sold their bitcoin for extreme losses.But you know I didn't do that mistake and now in profits

You were not able to buy below $8,500 and above $3,120 between about late 2018 and about May 2019?

Or did you feel that you were already too much invested in BTC?

I bought in mid 2018 not sure about the exact month but I bought where there is a bump from 6K region to 9K so I though that this is the bull run so buy and holding will make more profits then only I realized that it was bull trap so now I need to wait longer to get reap.

Anyway I started doing trades with small amount from my holding and making small profits and increased my total btc holdings.

I see that you registered in this forum just before the December 2017 peak.  Did you buy BTC in 2017?

You may know my story, but I started buying in late 2013, which was the then peak, and I had a 6 month plan that caused me to continue to buy BTC on a weekly basis all the way down during the first half of 2014, and then I extended my buying plan for another 6 months which caused me to continue to buy for the remainder of 2014, all the way down.   I can relate to buying on the way down, and it has paid off quite well for me, but it took me until about early 2016 before I started to feel on the border of profitability and my profitability did not really become unambiguous until late 2016.

Anyhow, if you are in the accumulation stage then it does not necessarily hurt to continue to buy, but if you are already selling or trading then you likely have advanced past the early accumulation stage and are in a bit of a more advanced stage (still accumulation, possibly?)  Taking profits in dollars has so far not been my practice, even though I do sell small amounts of BTC as the BTC price goes up, but I consider that to be a kind of insurance rather than taking profits.  Also, I can understand and imagine that at a certain point in my BTC balancing experiences, there are likely going to be some needs to start to take some of my profits in dollars, even though I don't currently perceive myself to be in such stage - even while getting close to 6 years of BTC buying, accumulating and HODLing experiences.

I bought before the peak in 2017 but its not huge amount of bitcoins,I am talking about 2018 where only time the prices reaches $9000 range which I got trapped into.

I am not trading to sell my holdings,I am just using 10% of my total btc holding to day trade just to increase the btc holdings at the ned of the day because I knew that btc is not going to stay at $10K or 20K it will surpass 50K sooner.

[JayJuanGee]

I bought decent amount worth of bitcoin when it hits $8500 to $9000 in 2018 but after that it went to $3000 nearly which is the place most of the people lost their faith and sold their bitcoin for extreme losses.But you know I didn't do that mistake and now in profits

You were not able to buy below $8,500 and above $3,120 between about late 2018 and about May 2019?

Or did you feel that you were already too much invested in BTC?

I bought in mid 2018 not sure about the exact month but I bought where there is a bump from 6K region to 9K so I though that this is the bull run so buy and holding will make more profits then only I realized that it was bull trap so now I need to wait longer to get reap.

Anyway I started doing trades with small amount from my holding and making small profits and increased my total btc holdings.

I see that you registered in this forum just before the December 2017 peak.  Did you buy BTC in 2017?

You may know my story, but I started buying in late 2013, which was the then peak, and I had a 6 month plan that caused me to continue to buy BTC on a weekly basis all the way down during the first half of 2014, and then I extended my buying plan for another 6 months which caused me to continue to buy for the remainder of 2014, all the way down.   I can relate to buying on the way down, and it has paid off quite well for me, but it took me until about early 2016 before I started to feel on the border of profitability and my profitability did not really become unambiguous until late 2016.

Anyhow, if you are in the accumulation stage then it does not necessarily hurt to continue to buy, but if you are already selling or trading then you likely have advanced past the early accumulation stage and are in a bit of a more advanced stage (still accumulation, possibly?)  Taking profits in dollars has so far not been my practice, even though I do sell small amounts of BTC as the BTC price goes up, but I consider that to be a kind of insurance rather than taking profits.  Also, I can understand and imagine that at a certain point in my BTC balancing experiences, there are likely going to be some needs to start to take some of my profits in dollars, even though I don't currently perceive myself to be in such stage - even while getting close to 6 years of BTC buying, accumulating and HODLing experiences.

I bought before the peak in 2017 but its not huge amount of bitcoins,I am talking about 2018 where only time the prices reaches $9000 range which I got trapped into.

I am not trading to sell my holdings,I am just using 10% of my total btc holding to day trade just to increase the btc holdings at the ned of the day because I knew that btc is not going to stay at $10K or 20K it will surpass 50K sooner.

Well, yeah, if you have a reasonable hunch that bitcoin prices are going up, then you have to be careful regarding how much you trade or sell too early.

I sell about 1% for every 10% that the price goes up, which tends to allow me to buy back some of that, too.  Also, since my BTC stash is about 12x in profits, I don't mind shaving off a bit, even if the price never ends up going back down.   So, anyhow, as long as you are not selling too much in the event that the BTC price goes up, then I suppose your system might work to accumulate more BTC, perhaps.

[BitcoinGirl.Club]

Good morning WO!
Observing @ $10,590

[Arriemoller]

The true irony would be Scotland leaving the UK "because independence" and then joining the EU.

That's what they would want. The majority voted to remain.

All the talk of Churchill, 'winning' and 'taking back control' has been English. The English have saddo delusions of prior glory. Scotland wants to be small and prosperous. They've consistently aligned themselves more with Scandinavia.

Scotland has always been more intrinsically European. They actually like French people for starters.

[fillippone]

Is this bullish enough?

https://medium.com/@hcburger1/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

This model allows us to make broad predictions concerning the long-term future price of bitcoin, e.g.
the price will reach $100 000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100 000.
the price will reach $1 000 000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1 000 000.

Well.
This is sorcery I think.
I would like to overimpose PlanB graph on that one...
Not adding much value, but it’s nice to see those numbers!

[El duderino_]

Just do the math: 18 million BTC already mined, 85% of 21 million ever to exist + Halving next May (supply decrease)+ fast-growing development and adoption (demand increase) + accelerated global debasing of fiat money = ?

https://twitter.com/redditbtc/status/1169506512517120000?s=21

[Wilhelm]

Is this bullish enough?

https://medium.com/@hcburger1/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

This model allows us to make broad predictions concerning the long-term future price of bitcoin, e.g.
the price will reach $100 000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100 000.
the price will reach $1 000 000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1 000 000.

Well.
This is sorcery I think.
I would like to overimpose PlanB graph on that one...
Not adding much value, but it’s nice to see those numbers!

So I need to HODL until 2044 

[Wilhelm]

"What is the point of being in business if you can't extort sexual favors from your employees?"

Is that one of the rules of acquisition?

Nope...
Rule 40: She can touch your lobes but never your latinum.
Rule 94: Females and finances don't mix.

[P_Shep]

Fantastic! Hope the back-port it to the Trezor.

[Last of the V8s]

Scotland has always been more intrinsically European. They actually like French people for starters.

This is typical of the Scots. They get everybloodything arse-about-face. French people are much better served for pudding than for starters, although they need a lot of cream and sugar to go with, as they are a dry and bitter bunch.

[stoat]

John Mcafee is in hospital.