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

[vapourminer]

There are some pretty severe security concerns around Casa Hodl at the moment. 

https://twitter.com/jwweatherman_/status/1182486419580866560?s=21

transmitting seed words in clear text on your local network.. brilliant. all those IoT devices that are security nightmares to the network they are on will love it (well the hackers that took them over will). not to mention compromised PCs.

to isolate stuff as much as possible i wound up creating separate vlans (via a cisco managed switch) for my gear.. household stuff on one, the security camera system on its own with a dedicated nas for backup, and the miners, again with a dedicated nas for their backups.

the security cams are the worst, they all want to go online. thus isolating them (or any other IoT thing) is the 1st thing to do when planning any system that attaches to your network.

[1715022674]

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[1715022674]

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[El duderino_]

Have to get myself ready for proper F***up time .....

I think it is important to lay down a good "drinking base" by eating a hearty meal first.  In my younger days I found this approach greatly enhanced my stamina when it came to the shots.

These days I have to largely avoid both.  Enjoy it while you can, young Micgoossens.

Thanks for the advice, I do notice the little that I have eat today is making me faster drunk right now....

[El duderino_]

via Imgflip Meme Generator

Amazing wine ....!!!

*cryptoqueeen found it the best one till now (this evening)

[JayJuanGee]

I am not asserting that you are NOT telling the truth, but it does seem a bit strange for any of us BTC HODLers to NOT attribute a decent amount of significance to the surprising dynamics of the April 1 to June 27 period.

I was trading in that period, but only long positions. Unfortunately I don't have trace of the details. As I said earlier, my shorts only began with the latest bear market in 2018. Originally it was meant as a hedge.

You know I had been thinking that bitcoin's doubling in late 2015 was quite amazing, and it took place from about October 15 to November 5, but the rise was so goddamned gradual until the decisive break above $320 that brought BTC's prices up to $504 from November 1 to November 4.

Before 2016 I wasn't trading at all.

I know that you are probably starting to suspect that I am either stalking you or becoming a pest, but the relevant period for this particular line of "interrogations" is April 1, 2019 to June 27, 2019.. our most recent exponential BTC price run up.. and clearly you had been in the BTC shorting practice already, after having had gotten a decent amount of experience under your belt during our somewhat deep and painful bearish period of 2018.

Yes, a bit of a pest indeed.  

And, also this 2019 BTC price run up would have been a BIG one to actually challenge any ongoing BTC shorting strategy.  That is if you would have kept your BTC shorting strategy as ongoing and it seems like you are saying that you weren't, even though there would not have seemed to have been any reason (except in retrospect) to actually NOT expect a significant and meaningful correction of 30% or more.. which is quite common in BTClandia.. but did not really seem to happen during this 2019 BTC price run up.

You made me take a look at my transfer history. I did well in the 2019 Spring Bull. And yes, in the Spring Bull I've been running all three basic strategies (one at a time), with the one-legged long less frequent than the two-legged balanced, more price agnostic approaches that tickle your curiosity. Maybe the surplus transfers (profit accumulation) were a bit less frequent transfers, OK. In retrospect, I could have done better by simply longing and waiting, hindsight 20/20 and all that. But as long as the bull run has pullbacks (and that one had quite a few IIRC), a bit of short scalping on the side doesn't hurt. More than anything, it's a safety net if things go astray. Otherwise, it's an encumbrance. No free lunch, of course, but knowing how whimsy and wanton she is, I prefer to err on the side of caution.

Caution is the reason most of my shorts have stops before the disaster line. When I'm feeling unsure, and she smells like she's raising her head, I can tighten the stop and let the short go, at a loss. The same goes for the other leg, although I tend to cling to my longs  with more pride. I've been swallowing small losses on both sides recently, including April-June 2019, and I did post about that at the time. Maybe you could go and dig out those posts. That would also help me to reconstruct past history.

I was just using those older dates of late 2015 as a relative comparison of the magnanimity of this particular 3.5x BTC price rise (with hardly any significant price corrections of 10% or more within that decently extended 3 month period).

Ah, now I see.

I occasionally post "trading disclosures", as I call them. Since I don't have an all-encompassing rule book (and I probably never will), the best way to figure out how things are going is keep an eye on those disclosures.

That's the spirit, d_eddie!!!!   I was not trying to bust your balls over anything, especially in terms of some of the Opsec issues or even the potential "trade secret" problems that could come from too many "trading disclosures;"  however, it seems to be a nice thing to hear some of the particulars regarding how a comparative (and even seeming to be largely sensible) trading strategy is playing out.  

In the real world, we all likely make mistakes here and there, even including our attempts to real world implement our own trading strategies, and yeah, perhaps once in a while we will also become quite lucky or unlucky too, and attempting to learn from that (if possible) is something that I enjoy to share within this thread - to the extent that there is a willing participant, such as yourself... and I surely don't want to encourage anyone to either give up opsec or even to disclose any kinds of trading strategy secrets that might cause too much of a following to such strategy and then screw up the results - yet frequently talking about trading strategies after they have been deployed should be less of a risk of the copy cat problem.. and sure if you want to refer to some kind of practice that you do in kind of an obscure way, that might be understandable too if you are trying to retain it as a kind of possible personal "trade secret" advantage that you believe that you might have.

By the way, you are quite unlikely to get me attempting to even employ your various strategies, even if they might be helpful for me (and others) to attempt to understand.  I appreciate your various attempts and even creativity in explaining them, from time to time, even though I frequently sigh some relief (when I read them) that I am NOT attempting to employ them (even if there may be considerable market move times that you could well likely be stacking decently more sats than me).  

[d_eddie]

via Imgflip Meme Generator

Amazing wine ....!!!

*cryptoqueeen found it the best one till now (this evening)

Those tart Rieslings are among the few white wines worth drinking IMO. Nice find

[El duderino_]

via Imgflip Meme Generator

Amazing wine ....!!!

*cryptoqueeen found it the best one till now (this evening)

Those tart Rieslings are among the few white wines worth drinking IMO. Nice find

Next wine scored better points on somekind of calculator my GF looks at some times.... but the one I posted was South African with a nice Dutch word on it......

[d_eddie]

That's the spirit, d_eddie!!!!   I was not trying to bust your balls over anything, especially in terms of some of the Opsec issues or even the potential "trade secret" problems that could come from too many "trading disclosures;"

I know. I don't think I'm busting my opsec, and I have no issue with would-be copycats. Firstly, I doubt there are any copycats in this context, and secondly my trading is labor-intensive enough to discourage the average lazy ass.

yet frequently talking about trading strategies after they have been deployed should be less of a risk of the copy cat problem.. and sure if you want to refer to some kind of practice that you do in kind of an obscure way, that might be understandable too if you are trying to retain it as a kind of possible personal "trade secret" advantage that you believe that you might have.

No issue about the possible edge I could gain through my perfect, infallible personal trade secrets either.

One issue I have is that I try not to "jinx it", so to say. IOW, if a whale sniffing our waters figures my thinking is sound in a given context, and reckons many traders might be aligned with my entry points or moves, they could try and force a few stops just because they can. This is a good reason to be vague enough for the casual hunter not to sniff pray, while entertaining a meaningful conversation with like-minded gentlemen (or scoundrels, or different minded, for that matter).

By the way, you are quite unlikely to get me attempting to even employ your various strategies,

Your numerous and extensive posts made this point quite clear  

even though I frequently sigh some relief (when I read them) that I am NOT attempting to employ them (even if there may be considerable market move times that you could well likely be stacking decently more sats than me).  

Actually, now I manage to act with cool detachment. A little experience helps, of course, but this system has many soft levers, knobs and faders. The positions, as well as the P&L, evolve slowly over time, more so the more the positions are balanced. That's why I have time to think, calculate, project and act rationally rather than on emotion. The quiet satisfaction of bringing home 1% of my play stash, then 2%, then losing 1% and making up for it in the following 2 weeks doesn't compare to the adrenaline rush of a newfound lambo, of course, but it's good enough for me. And when maybe a couple months later I can stash away 10% or even 30%, I'm glad I found a viable "system" (of sorts) that works for me.

[Ludwig Von]

via Imgflip Meme Generator

Amazing wine ....!!!

*cryptoqueeen found it the best one till now (this evening)

If she had only choosen on the name, it was already a winner! (Peace and Lust). Enjoy!

[d_eddie]

via Imgflip Meme Generator

Amazing wine ....!!!

*cryptoqueeen found it the best one till now (this evening)

Those tart Rieslings are among the few white wines worth drinking IMO. Nice find

Next wine scored better points on somekind of calculator my GF looks at some times.... but the one I posted was South African with a nice Dutch word on it......

Was the better scoring wine still white? I know it's just a matter of personal taste, but I can't stand most "elegant" white wines. I'll take a Vinho Verde or a Sauvignon Blanc over Gewürztraminer or even Chablis any day!

[Icygreen]

Because ho hum sideways action, here is the rekt of the week. Might need to add Casa node by the end of today
https://twitter.com/CarpeNoctom/status/1182770407516098561
MON
- Quadriga Widow Rekt
- BFX $1T Class-Action Lawsuit

TUES
- Tipjar Rekt
- NYAG/BFX appeal Rekt

WED
- Bitwise ETF Rekt
- Litecoin Foundation Rekt
- IRS Rekts US Citizens

THUR
- Alipay Rekts CZ

FRI
- IRS Rekts US Citizens again
- Telegram ICO Rekt
- LIBRA Rekt

[Lambie Slayer]

Ill be enjoying my life regardless of who wins. 

Ill be wearing my mums panties while crying every night about Jews ruining my life bc Im such a pussy.

Andrew Yang 2020

[Lambie Slayer]

Just saw the greatest Bitcoin commercial of all time last night and can say Joker is a masterpiece.

Im a weak little mentally ill pussy and would never have the balls to trade worthless silver for Bitcoin and become a financial elite. I do however have time to cry about it constantly on this thread to all who will listen.

I wasnt gonna say it, but yeah thats true, you are a little bitch. 

[Raja_MBZ]

Am I the only one who thinks that the US ain't going to vote for Yang only because he looks so Chinese-ish?

[HairyMaclairy]

US Vaping deaths resemble WWI mustard gas exposure

https://www.independent.co.uk/news/health/lung-damage-vaping-chemical-burn-mustard-gas-a9133711.html

[Lambie Slayer]

Am I the only one who thinks that the US ain't going to vote for Yang only because he looks so Chinese-ish?

Giant swaths of the population want to vote for someone who isn't white. Yang is the only one in the top 5 contenders according to betting odds who fits this description.

IMO racism/hate against Asians in America today is almost nonexistent. Tons of people have a problem with Whites, Hispanics, Blacks, Gays, Trans, Virgin Roach's, Bankers, and Arabs, but everyone seems to be cool with Asians. This is based on the hard, peer reviewed, internationally published science of my anecdotal life experience and borderline incontrovertible.  

[Raja_MBZ]

Am I the only one who thinks that the US ain't going to vote for Yang only because he looks so Chinese-ish?

Giant swaths of the population want to vote for someone who isn't white. Yang is the only one in the top 5 contenders according to betting odds who fits this description.

IMO racism/hate against Asians in America today is almost nonexistent. Tons of people have a problem with Whites, Hispanics, Blacks, Gays, Trans, Virgin Roach's, Bankers, and Arabs, but everyone seems to be cool with Asians. This is based on the hard science of my anecdotal life experience and borderline incontrovertible. 

Thanks, it's nice to know that. I'd have merited if I had any sMerit in my bag.

When will we be able to trade satoshis for some sMerits?

[Lambie Slayer]

US Vaping deaths resemble WWI mustard gas exposure

https://www.independent.co.uk/news/health/lung-damage-vaping-chemical-burn-mustard-gas-a9133711.html

As a non smoker I prefer smokers over vapors. Smokers stink up the place and a little smoke may blow your way if they are close to you but you can easily avoid it or just use your hand to wave/fan it back in their face. Ive literally done this next to people who blew smoke towards me as the were next to me at a bar or casino. Their reactions of shock, fear, and or anger are always funny but im just returning their little gift to sender.

Vapors present a different dilemma bc they will sometimes be walking in front of you or past you and leave a giant vape cloud in their wake that you end up walking in to. These are hard to dodge sometimes bc of their size and impossible to hand wave back into the scoundrels face.

As far as Im concerned second hand smoke and vape are simple assault and should only be allowed in private places among consenting company.

TLDR:
I laugh when I hear of Vapors dying. Jk, but not really bc idgaf about scoundrels blowing toxic poisonous bubble gum flavored shit in my direction.

[Lambie Slayer]

Am I the only one who thinks that the US ain't going to vote for Yang only because he looks so Chinese-ish?

Giant swaths of the population want to vote for someone who isn't white. Yang is the only one in the top 5 contenders according to betting odds who fits this description.

IMO racism/hate against Asians in America today is almost nonexistent. Tons of people have a problem with Whites, Hispanics, Blacks, Gays, Trans, Virgin Roach's, Bankers, and Arabs, but everyone seems to be cool with Asians. This is based on the hard science of my anecdotal life experience and borderline incontrovertible. 

Thanks, it’s nice to know that. I'd have merited if I had any sMerit in my bag.

When will we be able to trade satoshis for some sMerits?

Or maybe we just fork Bitcoin and distribute all of Satoshis million coins in a pro rated fashion based on lifetime merits received by WO posters. 

[Lambie Slayer]

A minute of humor from Russia  



Please don't take this as an advertisement for Pavel Durov's project.

Guess Im behind on Shitcoin current events, bc I have no clue what any of this means, but it looks funny. 

[ataArt]

Guess Im behind on Shitcoin current events, bc I have no clue what any of this means, but it looks funny.  

There's a messenger called a Telegram. The authorities of the Russian Federation have been trying to stop the work of Telegram for several years now, but they still have not succeeded. The man who created this messenger in 2006 created a social network called "vkontakte" and later left Russia because of persecution by the authorities. And last year he started to create his own shitcoin.