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

[mindrust]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

[HairyMaclairy]

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.
BTW: in the hypothetical surrogate TA observation that temperature is lower in the winter than in the summer (in northern hemisphere) what is more important: the "TA" observation or the knowledge of orbital tilt and planet rotation around the star?

Ah fundamentals v TA. An argument as old as the hills. The challenge being that economics is not the dismal science, but rather no science at all. And there is no rational economic explanation for short term price perturbations.  

Think of it this way.  TA is the study of the psychology of price discovery.  TA is asking the question - what will the crowd do when X happens?  And how can you make the crowd do Y?

[Globb0]

Well shit, that is gonna fuck my recommended all up now.

I think you can delete individuals from your history

[dragonvslinux]

^
Pay your debts

Oh lol, I edited my post above, and already done  I see what you did now 

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself 

I'm clearly not great at understanding economics 

Why? It benefits two posters right now

I already explained 

I'm clearly not great at understanding economics 

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.
BTW: in the hypothetical surrogate TA observation that temperature is lower in the winter than in the summer (in northern hemisphere) what is more important: the "TA" observation or the knowledge of orbital tilt and planet rotation around the star?

Ah fundamentals v TA. An argument as old as the hills. The challenge being that economics is not the dismal science, but rather no science at all. And there is no rational economic explanation for short term price perturbations. 

Think of it this way.  TA is the study of the psychology of price discovery.  TA is asking the question - what will the crowd do when X happens?  And how can you make the crowd do Y?

True story. That psychology of price discovery, unrelated to economics, is also the psychology of "human rationality" or more specifically "the herd".
Humans are far from rational, instead they act like most animals in a herd like mentality: they lack basic intelligence when panicked or feeling threatened.

[El duderino_]

via Imgflip Meme Generator

[LFC_Bitcoin]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

Option 2 Option 3

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 option 3 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc

Edited - To say what I meant - option 3

[mindrust]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement   Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.

[realr0ach]

Kind of interesting how Visa and other Jewish moneychanging crime organizations try to cut off gun stores from using their payment processing for gun purchases in an attempt to disrupt and ban the 2nd amendment, yet they allow digital shitcoin debit cards to be made.  It's almost as if Jew scum are endorsing cashless society slavery system tokens while trying to ban the 2nd amendment.  And yet, they sure as hell don't want you using any type of cards or fiat for purchasing physical metals either!

[LFC_Bitcoin]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement   Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.

I’m close to mid 30’s, $500,000 isn’t enough for me in the UK. My plan is $2,000,000 - $3,000,000 but everything looks simple on paper doesn’t it.

I will never sell all my bitcoin’s though.

And yes typo - Option 3 lol

[ChinkyEyes]

There is no such thing as being over invested in bitcoin. Pour all that filthy fiat into this imaginary digital gold token shit.

Nobody has ever gotten rich, from not taking any risk

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,287

[LFC_Bitcoin]

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive

What have you got in:
Liverpool - Woves
City - Sheff
Arsenal - Chelsea

[LFC_Bitcoin]

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive

What have you got in:
Liverpool - Woves
City - Sheff
Arsenal - Chelsea

2-0
3-0
2-2

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,287

Bro, you keep putting very similar predictions to me in our bitcointalk PL betting pool. How am I supposed to beat you into 1st place when we keep doing the same predictions?

I need to be inventive

What have you got in:
Liverpool - Woves
City - Sheff
Arsenal - Chelsea

2-0
3-0
2-2

I got
3 - 1
3 - 0
1 - 2
It's superstition 🤣

I very rarely go for Draw match

One thing I found common in between us is that Liverpool fans know their football.

[BitcoinGirl.Club]

info, we already were in $7.5k

[El duderino_]

info, we already were in $7.5k

We already been in 6.5 and 7.5 so it’s just zero game and we are re-doing it

[BitcoinGirl.Club]

info seems out of idea 😀

By the way, somehow I missed $6.5k LOL

[LFC_Bitcoin]

New poll =

WO poster of the year, one vote per account.

[BitcoinGirl.Club]

New poll =

WO poster of the year, one vote per account.

MicG

There are no alternatives 😀