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

[BitcoinGirl.Club]

Meanwhile in Binance

[makrospex]

via Imgflip Meme Generator


via Imgflip Meme Generator

via Imgflip Meme Generator

Where is this what is this ??

Roach manor?
*scnr*

[SuperTA]

Ok. you want bitstamp chart, no problem.  

Btc/Usd Bitstamp (CME Chart Bad, Mkay)  

The first major resistance for the shorterm is marked with the yellow area. Around 10.800 Usd to 11.000 Usd, it depends when it gets there.
The first minor resistance is marked with the orange area. We are currently already there. Around 10.500 Usd.

Last few days, price follows exactly this chart. You have to be honest, sometimes if you want to trade BTC and make 2 or 3% profit, it is relatively easy. I got shit on for saying that a month ago here, but to each their own, competent traders can earn millions over the year by trading BTC.

 

Thank you! I'm glad you like it! I hope you made some profits from it!  
But according to the received merits, this chart bellow (link) was more popular  

https://bitcointalk.org/index.php?topic=5182395.msg52377811#msg52377811

[Krubster]

Did you always hold some BTC and then have to reshuffle around after the MTGOX situation?

Of course in 2013, and thereafter, there became quite a few other ways to acquire BTC, but surely it can be frustrating to lose some BTC too, and I suppose the longer that any of us is in BTC the more likely we would have had made some various mistakes based on keeping on exchanges or other mistakes.

Surely, you have quite a few more balls than me to send money to Japan, and I have my doubts about whether I would have done that, even if I had heard about it in 2011 or 2012.

I have some real fucking difficulties remembering my thinking about bitcoin.  I know that in the period of about August 2013 to November 2013, I was researching into various investments, and I had bitcoin bookmarked in one of my tabs, to get to those tabs later.  I don't recall exactly what my feelings were.  I had heard the name and it was something that I bookmarked to look at later.  I recall that between about August and November, I had made several new investments into various index funds.. just traditional and safe investments, and I was kind of experimenting with adding those new index funds to my portfolio, and then in about mid-November 2013, an acquaintance on the interwebs, mentioned how he had been making so much money on BTC.  He said that he had been buying BTC in order to buy drugs on silk road, and he did not spend them right away, so they just appreciated like fuck, and he really did not  know what he was doing with his investment into BTC, but it had caused him to acquire a decent amount of wealth, and that story caused me to read the stupid ass bookmarked tabs that I had pending for a couple of months.  Weird.. and another weird was when I read the tabs I was like holy fuck, and it did not  take me very long to create a buying strategy, because I was already shopping for something and bitcoin seemed to be a great hedge against my then other traditional investments.

Yes, I have have always held most of my bitcoins in my own wallet. Back then I was running a full node. Now I have them stored on a few hardware wallets instead.

The difference back then was that I had maybe 25% of my stash parked on MtGox. Just for the convenice and being able to trade.

Now I only keep 1-2% of my total stash on an exchange. Just to trade for fun, and to cash out for my montly expenses.

Most of my remaining coins haven't moved since 2012, except for 2017 to claim all the forked coins, and to move them to a segwit address.

[fabiorem]

Say what you want, but Segwit was a good thing for bitcoin. If it was not for Segwit, we would be paying higher fees today, and the network would be slower. Just imagine the network of 2015-2016 with the adoption of today, it would clog up.

And this is coming from someone who keeps most of his stash in legacy addresses, so no partisanship here.

[Wilhelm]

5 digits and we are doing well.

6 digits would be better.

7 digits 

[Krubster]

Your insinuation that the Craig-Satoshi conundrum has anything to do with SegWit being an alteration to the Bitcoin protocol, however, remains daft. Granted, it was likely a mere rhetorical talking point. But if so, why stoop to that level of inanity?

Yeah, I was being sarcastic. A low quality response. I'll admit to that.

[HairyMaclairy]

[Dabs]

Your observation seems quite correct, Hueristic.  My words remain materially inadequate and insufficient in the eyes of Dabs.  

It's not like that at all my friend, your words are all good. I just know you can do a little bit more. Perhaps you already do and no one knows about it.


As for the DCA, I've also read it somewhere else that one of the better alternative strategies is to buy in lump sump what you can, maybe in the case of bitcoin after testing out a small amount, particularly if it is a new exchange or method you are using.

For both buy in and cash out. Cash out method is entirely dependent on any target acquisitions you have in mind, but the DCA suggestion is geared more towards a similarity to a so called "safe withdrawal rate" where the principal value is largely unaffected.

With bitcoin specifically, increase in value is mostly capital appreciation.


The only reason DCA would make sense is if you've already gotten your initial allocation of corns, and rely on outside sources to continue buying in, and most people don't have large amounts of funds set aside for that. So they get from what they can, which is usually a wage or periodic profits or monthly or quarterly dividends from other investments or sources of income.

The average working person would get it from their paycheck, which is either every month or every two weeks. They set aside some amount on that day and just buy whatever corns it will let them.


The key point which I believe you are trying to make is to remain as unemotional about the process as possible, so DCA affords some of that ability. No thinking. No waiting. No timing. Just buying.


As for selling, that again depends on your particular situation. If you don't need it all today, can wait a little bit; however it is always a good idea to keep a minimum amount of fiat around so one does not get aggravated by sudden or unexpected expenses, almost all of which can only be paid in fiat or legal tender.

[Lauda]

Say what you want, but Segwit was a good thing for bitcoin. If it was not for Segwit, we would be paying higher fees today, and the network would be slower. Just imagine the network of 2015-2016 with the adoption of today, it would clog up.

And this is coming from someone who keeps most of his stash in legacy addresses, so no partisanship here.

Native Segwit is absurdly superior to the system that we had in place before. It's not even a debate.

[becoin]

Say what you want, but Segwit was a good thing for bitcoin. If it was not for Segwit, we would be paying higher fees today, and the network would be slower. Just imagine the network of 2015-2016 with the adoption of today, it would clog up.

And this is coming from someone who keeps most of his stash in legacy addresses, so no partisanship here.

Native Segwit is absurdly superior to the system that we had in place before. It's not even a debate.

Why do you even argue with big blocktards? These clowns don't even understand the basic principal of money based on blockchain. They don't understand that free space on the blockchain means free money! Beecash should cancel tx fees at all if they think txs should be cheap and affordable?

[fillippone]

Hello WO gang!
As we were caught on aWO statistics spree yesterday, I decided to give my contibution:
WHo's the most committed user to WO?

Who has the most percentage of merits gained on WO?

here are the results.
Users with more than 10 Merits gained on WO sorted for WO merits/total merits.

Code:

1.Rosewater Foundation     100.00% 244
2.vroom                    100.00% 177
3.Arriemoller              100.00% 135
4.Spaceman_Spiff_Original  100.00% 123
5.serveria.com              100.00% 86
6.Cryptoqueeen              100.00% 81
7.BlindMayorBitcorn         100.00% 72
8.pacman7331                100.00% 66
9.rolling                   100.00% 51
10.Ludwig Von               100.00% 48
11.ErisDiscordia            100.00% 47
12.thisisntbic              100.00% 45
13.empowering               100.00% 44
14.flynn                    100.00% 40
15.DaRude                   100.00% 40
16.D. Lerk                  100.00% 39
17.buyandhold               100.00% 33
18.P_Shep                   100.00% 32
19.AZwarel                  100.00% 30
20.John Abraham             100.00% 30
21.becoin                   100.00% 29
22.smartcomet               100.00% 28
23.hodl_2015                100.00% 26
24.Colonel Panic            100.00% 26
25.jonoiv                   100.00% 26
26.gappie                   100.00% 24
27.k453345                  100.00% 24
28.SidETH                   100.00% 19
29.Ivor Biggun              100.00% 19
30.cmacwuz                  100.00% 17
31.scum                     100.00% 14
32.savetherainforest        100.00% 14
33.slowlyslowly             100.00% 14
34.orpington                100.00% 11
35.True Myth                100.00% 11
36.xyzzy099                 100.00% 11
37.cofefeGandalf            100.00% 11
38.BlackSpidy               100.00% 11
39.BotanicKilt              100.00% 11
40.Dakustaking76            100.00% 11
41.fragout                  100.00% 11
42.mike4001                 100.00% 10
43.Resumean                 100.00% 10
44.TheCactus                100.00% 10
45.babanana                 100.00% 10
46.bluebits                 100.00% 10
47.BinaryReign              99.06% 105
48.Paashaas                 98.94% 375
49.Ibian                     98.9% 180
50.Lambie Slayer            98.84% 255
51.Icygreen                 98.78% 162
52.jojo69                   98.54% 812
53.ivomm                    98.44% 253
54.conspirosphere.tk         98.44% 63
55.AlcoHoDL                 98.08% 102
56.realr0ach                   98% 196
57.Torque                   97.84% 498
58.Toxic2040                 97.6% 934
59.Phil_S                   97.52% 197
60.Biro Bob                  97.37% 37
61.Syke                      97.22% 35
62.strawbs                   96.43% 54
63.AlexGR                    96.43% 27
64.JimboToronto             96.36% 291
65.FractalUniverse           96.36% 53
66.RayX12                    96.15% 50
67.fluidjax                  96.15% 50
68.Kylapoiss                96.02% 169
69.HairyMaclairy              96% 1225
70.machasm                      96% 24
71.Bitcoinaire               95.96% 95
72.Krubster                  95.45% 21
73.julian071                 95.35% 41
74.Enjel                     95.24% 20
75._javier_                  95.24% 20
76.yefi                     95.03% 153
77.marcus_of_augustus       94.55% 156
78.nikauforest               94.29% 33
79.d_eddie                  94.13% 513
80.BobLawblaw               93.88% 921
81.Wekkel                   93.88% 138
82.Majormax                  93.06% 67
83.windjc                    92.86% 39
84.Gab0                      92.59% 25
85.infofront                92.36% 713
86.somac.                    92.31% 72
87.YourMother                92.31% 36
88.bitserve                 91.68% 474
89.Agapios                   91.67% 11
90.TERA2                    91.51% 194
91.bitebits                   91.3% 63
92.siggy_77                   91.3% 21
93.BTCMILLIONAIRE           91.14% 247
94.Realerre                  90.91% 10
95.xhomerx10               90.68% 1138
96.wachtwoord                90.63% 29
97.encycrypto                90.57% 48
98.hisslyness                   90% 27
99.HI-TEC99                  89.87% 71
100.Last of the V8s        89.79% 1574

[El duderino_]

Damn, how is it possible that there is a WO statistic whiteout me in it   

[fillippone]

Damn, how is it possible that there is a WO statistic whiteout me in it   

You have to improve a little bit, Mic!

Code:

133.micgoossens            76.41% 1833

[El duderino_]

Assets under management:
BlackRock     $6.4T
Vanguard     $5.3T
Schwab        $3.3T
JPMorgan    $2.1T
State Street  $2.7T
Fidelity         $2.5T

Why is this bullish for bitcoin?

The majority of these investors don't have a single satoshi in their portfolios.....yet.

https://twitter.com/Rhythmtrader/status/1170411048714870784?s=20

They will have to add BTC at some point

[xhomerx10]

Damn, how is it possible that there is a WO statistic whiteout me in it   

You have to improve a little bit, Mic!

Code:

133.micgoossens            76.41% 1833

 Yeah Mr. MicG.  Time to pull up yer socks!   

[SuperTA]

Damn, how is it possible that there is a WO statistic whiteout me in it    

I think it's better for you as a merit source not to be on that list.  
There are many users listed there who get a lot of merits but send none of them or just a few merits.

[El duderino_]

[El duderino_]

Damn, how is it possible that there is a WO statistic whiteout me in it   

You have to improve a little bit, Mic!

Code:

133.micgoossens            76.41% 1833

 Yeah Mr. MicG.  Time to pull up yer socks!   

Difficult at the summer time i'm always wearing these short socks 

[becoin]

Assets under management:
BlackRock     $6.4T
Vanguard     $5.3T
Schwab        $3.3T
JPMorgan    $2.1T
State Street  $2.7T
Fidelity         $2.5T

Why is this bullish for bitcoin?

The majority of these investors don't have a single satoshi in their portfolios.....yet.

https://twitter.com/Rhythmtrader/status/1170411048714870784?s=20

They will have to add BTC at some point

They won't. They are already completely detached from reality. The orchestra on the top deck of Titanic will play and drink champagne until entire ship is under water.