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

[JayJuanGee]

All day long btc price has been going over the $8100 mark.
Just when I decide to purchase some it goes down to $8000 again?
Right at the same time I hit the buy button.
The transaction hasnt even confirmed once yet and it continues to go down.
Have I got the worst luck in the world of picking the times to buy?

Don’t worry about the price today. You’re buying today to HODL until at least Q4 2021, right?

1BTC = 1BTC

I personally believe that people buying BTC should plan to hold whatever they are buying at least 4 years, if NOT 5 years.  We can have those kinds of goals these days.  It is perfectly reasonable, given where bitcoin is at.

When I got into bitcoin (and likely you too, LFC) we probably really did not have much confidences about where bitcoin was going to be 1-2 years into the future, but I had established a tentative minimum of 2 years for any of my new coins..

I think that these days, a minimum of 4 years is perfectly reasonable and is a good mindset in regards to bitcoin, and of course, if you are not quite sure about what you are going to do after 4 years of having had HODLed bitcoin, you can develop that strategy during the next 4 years while you are accumulating BTC... but anyhow the punchline would be that a good practice in regard to BTC accumulation would be to consider that any new money injected into BTC should be able to stay injected into BTC for at least 4 years (minimum), and surely establishing longer targets is o.k. too, with a general frame work of the minimum of 4 years as the starting point minimum investment trajectory...

And, yeah, since you, LFC, are anticipating the next BTC price peak to be in late 2021 (which surely is not unreasonable) - the next one after 2021 would be about late 2025.. .. NOT saying any of this with exactness because any long term BTC investment plan should be tailored to individual circumstances anyhow and have some flexibility, but people investing now should be thinking about late 2025 - rather than thinking about late 2021... late 2021, in my humble bumble opinion, is too short-term thinking when we are thinking about a serious investment like bitcoin.. bitcoin is no bitch, pump and dump, it is a longer term play .. and bitcoin is much better with longer term thinking..

Look at peeps like jimbo.. yeah, he is cashing out in the last year or two, but he got into bitcoin in 2011 or 2012 or something like that... so he had at least 4-6 years on a lot of his coins.. yeah, he has more recent purchases of BTC, too, but I would speculate that a lot of the coins that he is actually selling have purchase dates that are much longer than 4 years minimum, and might even be approaching 6 years or more.  

Even you LFC... seems to me that any coins that you are likely to be selling (in your speculative selling plan) were likely acquired in the 4-6 year prior to the selling range.. Yeah, of course, you are continuing to stock up on BTC and to increase your options and to attempt to have more flexibility by having more coins that you have bought during these times that you can decide what you are going to do in future times, but I am thinking that some of your current stocking up on BTC may have some longer time horizons upon those coins (by the time that you actually end up selling the ones that you bought today or in the past year), even if you may engage in decently large levels of profit taking on some of your earlier coins.. and hey if you really look at those earlier coins (the ones that you are planning to cash out somewhere in 2021 and even as late as late 2021 and maybe even later if it appears that the likely exponential BTC price run has been delayed a bit), I bet that they are largely older than 4 years, minimum and are likely even 6 years old or so by the time that you actually cash some of them out..

not saying that any of this is set in stone, but just trying to figure out longer term mindsets and better practices for longer term thinking in regards to bitcoin.

[dragonvslinux]

I am prepared to cautiously state that this does not look like rejection however.

It seems like we've violently broken the falling wedge pattern with high volume. The odds for this are increasing with every hour.

My thoughts exactly. I'd still expect a re-test of this level around $8K before moving towards $9K, but then again, if it breaks through $8.4K I think it might pass on that.

I'm not down with that till we are solidly above 85..

We passed $85 years ago, keep up  

[jbreher]

We need to break above 8.5k to see a trend reversal.

You were saying?

[El duderino_]

We need to break above 8.5k to see a trend reversal.

You were saying?

We have to break 19.666 to get an ATH

[Hyperjacked]

The gann theory told us me to buy between 15th and 20th at the bottom.

FTFY

Now everybody wants to buy at the higher price at 8k instead of 6k.

You just making shit up?  Some people have systems and other people don't.  Hopefully they are not relying on some kind of bullshit numerology crap, but hey if that is what they (you) are going to do, hardly can stop them (you).

The gann works because people think it's retarded.

Gann works because you bet on black and the roulette wheel just happened to hit black.  Now you are gloating about how smartie pants you happen to believe yourself to be.

Even some of them who believe in this they don't know how to use it. Looking for the next gann dates...

Yeah.. I figured that if you got lucky, then all of a sudden you would be a bitcoin price predicting guru... happens all of the time, with new wannabe gurus like you coming into the space all of the time, until the luck stops working.      We are still waiting for bargain boyz... don't you know nuttin?

 I'm pretty sure the bargain boyz bought 3-4 times between 6850-7200 in recent weeks...

When ppl said in 2013... wat wat Bitcorn? You gonna ride dat Harley witout a helmet...? Still ridin wit da mullet flappin in da breeze...

[JayJuanGee]

Aspirin is a bad thing in case of brain stroke. The thinning of the blood make worse the hemorrhage.
So there are pro's and con's.

EDIT: Observing profit taking, sending BTC back below $8k

You were saying? Observing new Yearly high just shy above $8,200 here on Coinbase  

What is coinbase?

Never heard of it.

a note of sobriety

rejection here bakes in a return to the high fives in coming weeks

WUT....

As in $5900?

Actually, Jojo might be asking for batman to come out....

Can give him a little one, as a hint:

I am prepared to cautiously state that this does not look like rejection however.

Hahahahahaha

tempting to bring out another batman or to increase the size of the earlier batman, just for that.

   

Probably, we should bring out bargain boyz.  I am sure that they could slap some senses into you, or any other WO doubting thomas.   

[El duderino_]

EDIT: Observing profit taking, sending BTC back below $8k

Fucking lulz. Spend a few hours playing some games, and we're pushing over $8,400.

I FUCKING LOVE TEH CORN !!!

I do appreciate/like the HODLsleep .... you know what? I will enter it right now.

Night bro’s

-tomorrow watching 1917, please let it be good

[Raja_MBZ]

I think this pump has nothing to do with Iran-US and it's happening just because of my advanced-level SOMA TA that I designed a few days back at BitMEX:

[marcus_of_augustus]

observing 8515 on BAKKT ... flight capital bid force is strong with this baby

[rdbase]

Shouldnt she be looking at green dildos?
This is observer after all.
Wait a sec...
Is she of legal age to even be in here?
All the suntanned assh0les makes this thread +21 and up according to new vaping laws.

[jbreher]

[bitserve]

Too soon, too fast. Not gonna complain though. Just let it be.

This is fine.

[Hyperjacked]

EDIT: Observing profit taking, sending BTC back below $8k

Fucking lulz. Spend a few hours playing some games, and we're pushing over $8,400.

I FUCKING LOVE TEH CORN !!!

I do appreciate/like the HODLsleep .... you know what? I will enter it right now.

Night bro’s

-tomorrow watching 1917, please let it be good

Cheers

[JayJuanGee]

The gann theory told us me to buy between 15th and 20th at the bottom.

FTFY

Now everybody wants to buy at the higher price at 8k instead of 6k.

You just making shit up?  Some people have systems and other people don't.  Hopefully they are not relying on some kind of bullshit numerology crap, but hey if that is what they (you) are going to do, hardly can stop them (you).

The gann works because people think it's retarded.

Gann works because you bet on black and the roulette wheel just happened to hit black.  Now you are gloating about how smartie pants you happen to believe yourself to be.

Even some of them who believe in this they don't know how to use it. Looking for the next gann dates...

Yeah.. I figured that if you got lucky, then all of a sudden you would be a bitcoin price predicting guru... happens all of the time, with new wannabe gurus like you coming into the space all of the time, until the luck stops working.    We are still waiting for bargain boyz... don't you know nuttin?

No, roulete or casino doesnt give you so many chance to pick the right day or number from 3 months period. It never gives you that chance to pick 80% chance to win. I told you 3 times it's not numerology. But if you pretend that our universe and planets doesn't exist and our sun and moon don't influence our oceans levels and your water from your body then i can't help you. It's the educational sistem that is fault to make people as less aware as possible. The rulers don't need any competition. They need peasants who don't know much, just some basic stuff for work. You can predict humans behavior because the moon and sun influence oceans and water in your body. Which makes masses of people react at specific dates. That's why statisticaly there is more accidents and fights 1 day prior the full moon. Oh, you think i'm lucky? No, but the planet jupiter is the planet of luck and expanding knowledge.

Well, I am glad that you explained a bit more of the basis for the profundity of your thinking on the gann topic.  I am sure that helps to convince a lot of bitcoiners to switch over to that dumbass wannabe sorcerer bitcoin price theory.

[Icygreen]

Good morning WO's,  a $500 didlo from where I last saw you. Looks like a rather cheerful mood with a bit of awkwardness, like a   freshly f**ked hairdo. Don't mind if we do hang here awhile 

[JayJuanGee]

The gann theory told us me to buy between 15th and 20th at the bottom.

FTFY

Now everybody wants to buy at the higher price at 8k instead of 6k.

You just making shit up?  Some people have systems and other people don't.  Hopefully they are not relying on some kind of bullshit numerology crap, but hey if that is what they (you) are going to do, hardly can stop them (you).

The gann works because people think it's retarded.

Gann works because you bet on black and the roulette wheel just happened to hit black.  Now you are gloating about how smartie pants you happen to believe yourself to be.

Even some of them who believe in this they don't know how to use it. Looking for the next gann dates...

Yeah.. I figured that if you got lucky, then all of a sudden you would be a bitcoin price predicting guru... happens all of the time, with new wannabe gurus like you coming into the space all of the time, until the luck stops working.      We are still waiting for bargain boyz... don't you know nuttin?

 I'm pretty sure the bargain boyz bought 3-4 times between 6850-7200 in recent weeks...

I doubt that the bargain boyz need any additional praise or twisting speculation regarding what they supposedly did, when they are just made up FUD spreading concepts that cause regular peeps to sit on the fence, wait for lower prices or even as dumb as to sell.  Sure, I am NOT supersensitive to dumb folks not buying bitcoin or sitting on the fence or jumping into shit coins, yet I am not going to praise bargain boyz... because i give less than two shits about them... that's for sure.  I would rather that they keep their gloating opportunistic fact twisting mouths shut.

There are plenty of them chasing the train, too... so there is that level of satisfaction, too.

Here's a live shot of a few of them from about 6 hours ago... so NOT sure if all of them were able to get on.

When ppl said in 2013... wat wat Bitcorn? You gonna ride dat Harley witout a helmet...? Still ridin wit da mullet flappin in da breeze...

Sure, yeah.. a persistent buying and accumulating strategy has paid off for any of us in bitcorn for more than a few years, even those who got in before mid 2017 are doing pretty well..  even if the ones from pre 2016 are quite likely to be in a bit better shoes, as long as their strategy was largely accumulating BTC without engaging in too much unnecessary risk.

[LFC_Bitcoin]

$8,410

Mmmmmmm, the smell of REKT shorts. I thought the fires were in Oz, could have sworn there were a load of burnt to a crisp bears around right now.

HODL game strong!

[Hyperjacked]

$8,410

Mmmmmmm, the smell of REKT shorts. I thought the fires were in Oz, could have sworn there were a load of burnt to a crisp bears around right now.

HODL game strong!

REKT shorts no joke... Hodl

[heslo]

Good morning WO's,  a $500 didlo from where I last saw you. Looks like a rather cheerful mood with a bit of awkwardness, like a   freshly f**ked hairdo. Don't mind if we do hang here awhile 

Go back to sleep, maybe that will give us more dildo action (man that sounds weird)

[LFC_Bitcoin]

Go back to sleep, maybe that will give us more dildo action {—snip—}

OK Dahmer!