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Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
No - 55 (59.1%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21532821 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (142 posts by 32 users deleted.)
btcbeliever
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November 22, 2019, 12:18:50 PM

Damn i'm a permaBEAR, I even don't know I have any coins actually, but I do love hanging around here  Kiss

Its cool, we like seeing your posts about spending money rather than investing in the King, Mr. Team Bearsons Leader  Wink


hahahahaha

You seem to have some correct in you from time to time, lambie bambie.

When there are posts about extravagances, then that seems to be an opposite behavior to HODL and accumulate... especially when the BTC prices are dipping.

Seems that we might need more McDonalds posts and possible ways of frugality during these kinds of trying times.

If you have a substantial stash of coin, retired off it, need income but are loath to sell at these prices, consider earning weekly interest on a portion of holdings through Celsius.  It's way better than selling.  
... Then again, by lending, am I providing the central bankers a means to drive the price down I wonder?

I don't rest understand these aspects of market mechanics.
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starluh1016
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November 22, 2019, 12:19:32 PM

I just panicked, I converted all my fiat into btc right now OMG!, Is this a mistake?
somac.
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November 22, 2019, 12:20:51 PM

Damn i'm a permaBEAR, I even don't know I have any coins actually, but I do love hanging around here  Kiss

Its cool, we like seeing your posts about spending money rather than investing in the King, Mr. Team Bearsons Leader  Wink


hahahahaha

You seem to have some correct in you from time to time, lambie bambie.

When there are posts about extravagances, then that seems to be an opposite behavior to HODL and accumulate... especially when the BTC prices are dipping.

Seems that we might need more McDonalds posts and possible ways of frugality during these kinds of trying times.

If you have a substantial stash of coin, retired off it, need income but are loath to sell at these prices, consider earning weekly interest on a portion of holdings through Celsius.  It's way better than selling.

How secure is Celsius though? how do they earn their interest. I have a tiny amount in there but am paranoid to put in any more.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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November 22, 2019, 12:21:01 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?


Wait...

I like old JJG #No homo. what happened to him...

The old JJG is under re-construction, accordingly, this under-construction JJG decided to answer a not so serious question with a not so serious answer.   Wink Wink
LFC_Bitcoin
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November 22, 2019, 12:22:03 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.

UnDerDoG81
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November 22, 2019, 12:22:23 PM

Better than stagnation. It have to go down before it can go up 👍🏼
Paashaas
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November 22, 2019, 12:23:58 PM

Bridgewater putting on $1.5B option trade betting on market decline by March 2020.

https://www.wsj.com/articles/bridgewater-bets-big-on-market-drop-11574418601?redirect=amp#click=https://t.co/xyiKN6jA3v
xhomerx10
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November 22, 2019, 12:24:47 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?


Wait...

I like old JJG #No homo. what happened to him...

 

 He probably typed that message with his tongue while formulating four much longer replies with his hands and feet.  I figure he must be ambidextrous and ambipedal.
UnDerDoG81
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November 22, 2019, 12:26:17 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...
somac.
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November 22, 2019, 12:29:54 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.
Lambie Slayer
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November 22, 2019, 12:30:13 PM

Damn i'm a permaBEAR, I even don't know I have any coins actually, but I do love hanging around here  Kiss

Its cool, we like seeing your posts about spending money rather than investing in the King, Mr. Team Bearsons Leader  Wink


hahahahaha

You seem to have some correct in you from time to time, lambie bambie.

When there are posts about extravagances, then that seems to be an opposite behavior to HODL and accumulate... especially when the BTC prices are dipping.

Seems that we might need more McDonalds posts and possible ways of frugality during these kinds of trying times.

LOL, JJG ur my guy, no homo. I can always count on you to appreciate some Team Bearsons humor even if we just had a recent little argument.

Usually the Team Leader prefers posting tweets from others (without quotes of course  Roll Eyes) urging peeps to buy Bitcoin, all the while he is jet setting to exotic locales, sporting events etc, and wining and dining rather than posting about recent corn purchases and leading by example.

I really shouldnt bust his balls about it bc he is such a nice guy afaik, and one of my favorite posters, but its just too damn funny.

To his credit I do recall the humility of his Mcdonalds posts being an integral part of us leaving the Bear Market lows early this year. Jimbo cursed us, Roach talked to a girl, you wrote short posts and some other key things fulfilled a prophecy to lift us out of hell. Something like that may be necessary again tbh.
btcbeliever
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November 22, 2019, 12:33:35 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



You can make a bigger impact and legacy with $500million than with $5million.  Think bigger!
Lambie Slayer
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November 22, 2019, 12:40:32 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



You can make a bigger impact and legacy with $500million than with $5million.  Think bigger!

Today I would say you cant consider yourself wealthy without at least 20 billion. In ten years I would say 200 million would do the trick. Satoshis of course. Fiat is blood money so no amount truly makes you wealthy imo.
fillippone
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November 22, 2019, 12:40:34 PM
Merited by LUCKMCFLY (1)

PlanB says: nothing to see here, please dispserse

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Some people panicking about this -17% week.

It's just normal #bitcoin behavior. Note we are still up 2x YTD. And yes, S2F model is just fine, nothing out of the ordinary. s2f.hamal.nl/s2fcharts.html




https://twitter.com/100trillionusd/status/1197847212358819840?s=21
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November 22, 2019, 12:41:01 PM
Last edit: November 22, 2019, 01:09:23 PM by Gyrsur

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



if you plan to retire based on your BTCitcoin wealth and the price reaches your target you should hedge (with Futures or Options) against further price decline. it is better than convert into FIAT IMHO. you will be protected from decrease of the price but you will also not participate on further price increase. it depends on what type of human being you are. more a safety searching one or more a gambler one.

EDIT: ok, with Options you have the option to fulfill the contract or not. but you have to pay the premium in any case. it depends what your aim is.
UnDerDoG81
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November 22, 2019, 12:42:06 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.

I cant stand these ups and downs anymore.
somac.
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November 22, 2019, 12:45:11 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



if you plan to retire based on your BTCitcoin wealth and the price reaches your target you should hedge (with Futures or Options) against further price decline. it is better than convert into FIAT IMHO. you will be protected from decrease of the price but you will also not participate on further price increase. it depends on what type of human being you are. more a safety searching one or more a gambler one.

Interesting, I'll look into this.
somac.
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November 22, 2019, 12:46:34 PM

Ok, my mini panic is over (I always have one when we start a sharp descent).

I’m over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term we’re all going to be very wealthy. I may panic at times but I haven’t sold a single sat & I will not.

#stronghands

HODL

Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if I’d have waited

What do you consider wealthy?
1 million
5 million
10million....

For me personally 5 million is enough to live a nice, comfortable, enjoyable life.



If I had 5 million I would invest 4.5 (into something safe) to get a cashflow of 10k a month until end of days...

So you'd keep it in Bitcoin then. Nothing safer IMO.

I cant stand these ups and downs anymore.

If you want to be able to stand it. Do more reading on how shit, rigged, and corrupt the legacy financial system is.
LUCKMCFLY
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November 22, 2019, 12:47:51 PM

Bakkt is prepping to launch Bitcoin to USD settled Futures on December 9..


Quote
On December 9, the
@Bakkt
 Bitcoin (USD) Cash Settled Monthly Futures contract will launch at ICE Futures Singapore.

Read the press release: https://ir.theice.com/press/press-releases/all-categories/2019/11-21-2019-235911370


Source: https://twitter.com/ICE_Markets/status/1197699516570443776

Quote
“Bakkt Bitcoin Cash Settled Monthly Futures will be settled against data from the physically delivered Bakkt Bitcoin (USD) Monthly Futures contract, the first fully regulated futures market for digital assets,” reads a press release from the company.

Source: https://beincrypto.com/bakkt-launching-bitcoin-to-usd-settled-futures-contracts-on-december-9/

JayJuanGee
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November 22, 2019, 12:51:55 PM

This should have happened next week, when I get paid. I am afraid that by next week, we would be around 10K. These bears haven't learned their lesson. Bull counter attack is imminent. 10...9...8...7...6...5...4...3...2...1  boom!


Like Hairy bearie mentioned:  It could take a few days of pain before seeing some kind of recovery.

Accordingly, once we stop going down (well that is another question), then it could take 5 days or more to start to rebound. 

If you get paid early in the week, the odds are good that you might be able to get some bargain coins.

I really doubt that we are going to see a shooting up to $10k - not after this kind of a situation... but I would not be surprised by a couple of smaller upward BTC price spurts.

Seems to me that there is some shitcoin purging efforts going on here.. but I surely don't have a lot of confidence about that little theory, either.
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