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

[Paashaas]

The approximate scale of the largest known supermassive black hole (S5 0014+81) compared to the size of our solar system.

[jojo69]

still smaller than your mom

[JayJuanGee]

@PAASHAAS indeed I don't understand some people and how they are attached to what they know "FIAT", they act like they believe and know BTC + it's fundamentals etc but actually only interested to see a net worth "FIAT" rise

A very know thing of people that I have noticed over time is that they just emotionally can't handle a balance drop...

Like when a person has an X-net worth they wanna achieve an X-goal and when thats reached they will do everything to not going under that again...

Probably true coiners will be hoping to achieve X-amount of coin and when achieved they don't wanna go under

Only most people doesn't understand they have to live (be smart of-course and don't trow away money etc but live), also in order to gain more of what one likes to gain you might need to invest and go under your previous achieved amount .... but thats just how things work, then again some people are just emotionally not able and will always be herd animals, whiteout taking necessary risks...

I have respect for most and many of the WO's and I know many thinking right (If what I think is right ?? maybe i'm wrong  ).... But if i'm right then many are like minded though I know some people that have to work on there approach towards BTC etc

I think that we learn a lot through age and practice.

Not too many people receive an education regarding how to handle their finances when they are young, so many have to learn on their own, and attempt to be somewhat astute about it.  Surely, this seems to be another area where the rich are likely advantaged, because we do not necessarily need to learn all of the most painful lessons of life through experience in the event that we have good models in our life that we can emulate.

So, good techniques and practices can supplement experience, and also starting out with a large pot can also provide a lot of advantages and even cushion for screwing up.

I certainly do not frown on any money building technique that includes preservation of wealth or even constant building of wealth rather than risking too much or going into debt in order to increase odds to increase wealth through investing that debt.. and of course picking investment that have odds in your favor, too... and yeah, sometimes, it can pay off well to take risk - but it might not be necessary, especially if you already have a decent amount of wealth through acquisition or merely as a starting point.

A few days ago, I went back and reviewed some of my historical investment strategies, and I had kind of concluded that I was balling in some kind of way because I had built a decent amount of wealth for myself through the years, merely by living within my means and always investing (even small amounts) and not really taking BIG chances in terms of gambling on investments that had low chances of success.

I also believe that there surely is a BIG ASS (and kind of unfair) multiplier effect that exists for people who never have to go into debt in order to multiply their wealth.  I probably would have never come nearly as close to as wealthy as I had been able to become if I had not had access to debt instruments and to use those kinds of debt instruments towards investing rather than consumption... .. deferred gratification and all of that (NOTE: I am not specifically referring to whatever I presume to know about your personal situation here, mic, so don't get all huffy and puffy and personal about whatever I am saying because I am trying to refer to general concepts of using money to make money by investing rather than consuming... at least while a guy (or gal) is in the early stages of wealth accumulation attempts).

[realr0ach]

Another day, another Jew promoting white genocide and the destruction of the US and Europe via the Kalergi Plan:

https://dailystormer.name/jew-bloomberg-says-america-needs-an-awful-lot-more-immigrants/

[Bossian]

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

The trend is still clearly bearish, bro.

It's a bounce back. I think there will be another low soon around 6.5k and another bounce back towards 9k (nice one) for beginning of next year. But the trend clearly showing an ABC correction (zigzag) towards the 4k-ish direction, it would be silly to buy now, I'd rather wait until next year.

Of course there is always a possibility to break above 12k (that would mean 20k after that) but the probability of this scenario is very low right now.

Long term holders have nothing to worry about but that means very long term (2025 and after that), but for 2020 no reason to be optimistic. I will personally sell at 9k and wait for another buy point which would be around 4k next year.


PS: there is nothing "trolling" about calling bear trends. It is crystal clear the trend is bearish right now and will last for at least 6 months. 

[whiteboy420]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

[Paashaas]

still smaller than your mom

Unfortunately, i was born too late to explore the world and i was born too early to explore the universe.

Btw..keep my mother out of this, you sound like a retard.

[El duderino_]

Finally a place where the assholes of the world can unite and talk about.. uhm.. their assholes ?  
Do we get a new poll about this new topic as well ?

Edit : mmmm maybe we should first address current poll.
question : does Mic own a boat ? Could help with the voting....

He don't like boats, so there's that.

You see what happens......

[lightfoot]

The approximate scale of the largest known supermassive black hole (S5 0014+81) compared to the size of our solar system.

The size of the largest black hole is smaller than the distance between protons in a nucleus.

The event horizon around a black hole may eoncompass a wide region, but that's not the size of the hole.

[Bossian]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

[alevlaslo]

[Totscha]

The approximate scale of the largest known supermassive black hole (S5 0014+81) compared to the size of our solar system.

The size of the largest black hole is smaller than the distance between protons in a nucleus.

The event horizon around a black hole may eoncompass a wide region, but that's not the size of the hole.

Actually... What you are talking about is the singularity in the center. Which has no size. Or we at least have no idea of how to accurately measure/calculate it. Basically a mathematical point.

On the other hand we have a very good idea what size the event horizon is. And last but not least, what about the accretion disk? Is this somehow not a part of the phenomenon we call a black hole?

The same way the size of an atom is considered as the diameter of the outermost electron shell and not just the nucleus...

[El duderino_]

lol
where the hell is Bob?

Packing for vacation. Rick and I are heading to Turks and Caicos tomorrow to tan our assholes. Will be back early next week.

Pics or it didn't happen!

STFU JJG ...... Thursday is here thank youuuu

[fillippone]

Someone betting on GOLD going to $4,000:

Bold Bets That Gold Could Triple to $4,000 Trade in New York

Around noon in New York Wednesday, 5,000 lots of a gold option giving the holder the right to buy the precious metal at $4,000 an ounce in June 2021 changed hands. The bets were sold at $3.50 an ounce.

First thoughts:

• If gold goes to $ 4,000, what happens to digital gold?
• Might be something hedging their short positions on gold (like, but opposite to, Ray Dalio buying puts on the S&P?)

[Alexander_Z]

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

The trend is still clearly bearish, bro.

It's a bounce back. I think there will be another low soon around 6.5k and another bounce back towards 9k (nice one) for beginning of next year. But the trend clearly showing an ABC correction (zigzag) towards the 4k-ish direction, it would be silly to buy now, I'd rather wait until next year.

Of course there is always a possibility to break above 12k (that would mean 20k after that) but the probability of this scenario is very low right now.

Long term holders have nothing to worry about but that means very long term (2025 and after that), but for 2020 no reason to be optimistic. I will personally sell at 9k and wait for another buy point which would be around 4k next year.


PS: there is nothing "trolling" about calling bear trends. It is crystal clear the trend is bearish right now and will last for at least 6 months. 

Towards 4k? That would be sad indeed. What do you think about bouncing off 5.2k and forming inverse head and shoulders (with 5.2k during early 2018 and 3k during the last winter)? As for short term - does waiting for another 6-6.5k low and buying at that level to sell during bounce make sense? I am talking about small amounts, my main stash is for long-term holding.

Yes, the trend is undoubtedly bearish. I have been reading this thread for a long time and I lost count of "last opportunity to buy below 5 digits" and "buy the dip" posts during bear market...

[Bossian]

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

The trend is still clearly bearish, bro.

It's a bounce back. I think there will be another low soon around 6.5k and another bounce back towards 9k (nice one) for beginning of next year. But the trend clearly showing an ABC correction (zigzag) towards the 4k-ish direction, it would be silly to buy now, I'd rather wait until next year.

Of course there is always a possibility to break above 12k (that would mean 20k after that) but the probability of this scenario is very low right now.

Long term holders have nothing to worry about but that means very long term (2025 and after that), but for 2020 no reason to be optimistic. I will personally sell at 9k and wait for another buy point which would be around 4k next year.


PS: there is nothing "trolling" about calling bear trends. It is crystal clear the trend is bearish right now and will last for at least 6 months.  

Towards 4k? That would be sad indeed. What do you think about bouncing off 5.2k and forming inverse head and shoulders (with 5.2k during early 2018 and 3k during the last winter)? As for short term - does waiting for another 6-6.5k low and buying at that level to sell during bounce make sense? I am talking about small amounts, my main stash is for long-term holding.

Yes, the trend is undoubtedly bearish. I have been reading this thread for a long time and I lost count of "last opportunity to buy below 5 digits" and "buy the dip" posts during bear market...

Buying at 6.5k is certainly good for a short term profit. If not too greedy of course, I mean small profit like 20-25%, 6.5k is a very strong support for now.
About next year, "bouncing off 5.2k" well the ABC correction clearly shows we will go below 5k, but perhaps we will stay around 5.5k for a while but for me we definitely go below 5k at some point next year.
I am curious to see how 2020 unfolds. If this prediction becomes true then we'll use the same tools for 2021-2025.


About the chart posted by alevlaslo, I like it.




I like it because it confirms the bearish trend for 2020 but it's a more a long term prediction anyway which looks bullish. I am convinced Bitcoin price will be very good in 2025 but there should be a lot of blood in 2020 and 2021 which many holders losing hope.

[degxtra1]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

Please forget about the halving by the way this is a delusional bet.

I for once place a sell order at 9k and wait for next year scenario but a price of 1k would be fantastic. That's a very long term scenario though. I would even say 1k would be necessary for another big peak at 20k (and possibly above).

Mate, this sounds like delusional bear after drunked 1 liter of vodka at once.

1k would be fantastic? yeah, sure fantastic... why so much , why not 1$ - this could be trully fantastic

what the fucktard..

[El duderino_]

The wise-guy traders will get REKT eventually with there "all knowing" thoughts.... good to keep the main stash in long term HODL mode, the I sell all at 9K can be good some times, will end in REKT most of the times.

[vroom]

worst TA ever. below $15000 until 2024, you must be completely retarded.

[El duderino_]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

Please forget about the halving by the way this is a delusional bet.

I for once place a sell order at 9k and wait for next year scenario but a price of 1k would be fantastic. That's a very long term scenario though. I would even say 1k would be necessary for another big peak at 20k (and possibly above).

Mate, this sounds like delusional bear after drunked 1 liter of vodka at once.

1k would be fantastic? yeah, sure fantastic... why so much , why not 1$ - this could be trully fantastic

what the fucktard..

Also do know, only read he's topic's, if one doesn't agree or speaks different thinking..... then post will be deleted in that misery self moderated thread, just another troll