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

[xhomerx10]

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]

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.]

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]

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

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

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  ) 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]

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]

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]

PlanB says: nothing to see here, please dispserse

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

[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]

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.]

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.]

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]

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

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

“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]

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.

[El duderino_]

More and more are liking the this is fine HAT 

[JayJuanGee]

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

It is not good to be overinvested in anything, but at least you recognize it.


As I was typing, I realize that I am overinvested in BTC too, but I believe when I say overinvested and you say overinvested, I believe you are talking about much greater percentages than me.

When I say that I am overinvested, it is like I have an extra few percentages in BTC but merely because I want to be able to sell those extra few percentages of BTC on the way up, so when I sell those extra BTC percentages on the way up, I don't feel any kind of guilt at all (for not being an adequate HODLer), because I am using my overinvested portion to sell... to shave a little, which feels good man (when it goes up).

[Last of the V8s]

[_javi_]

I´m still surprised about the glass shattering event.

I didnt expect it.. Less than BTC at 7k.

[JayJuanGee]

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

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

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.

A lot of people get distracted and lured into interest bearing products because they believe that the return on BTC is not good enough for them. Seems too risky to me, and also seems unnecessary, but if you want to trust your coins with third parties, then so be it.  That's your choice.

Many times people who borrow BTC are actually dumping those BTC so yes, there is that aspect to it, on a more macro level.

[JayJuanGee]

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.

A lizard, too, apparently.    (first time that I received a lizard reference)

[jojo69]

wee splatter of blood in the alley there