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

[HairyMaclairy]

Fortunes to be won and lost today and in coming weeks.  

• Don’t use any leverage
• Don’t chase the market - let the market come to you
• If you use a market order, you are doing it wrong
• Be prepared to buy to zero
• Lay out a systematic plan to zero, set your limit orders and walk away for six months

[bitserve]

Funny. The more it goes down the calmer I get. Said it before but there is no rationality behind selling hard money like gold and Bitcoin for soft money like USD. Especially because of some flu that will be all gone in a month or two.

The contrarian in me sees a huge buying opportunity, including stocks. This is Not 2008/2009, but mass hysteria.

Yup. But even if you do go bargain hunting... you never know how many hysteria there is left and how much better bargains will be created. All is well though.

[LoyceMobile]

The contrarian in me sees a huge buying opportunity, including stocks. This is Not 2008/2009, but mass hysteria.

I'm not buying any stocks yet, although I'm not selling either.
I believe the stock bubble can go down much more the coming years.

[JayJuanGee]

4700 was my entry price and it is gone.

Didn't sell. Riding to zero.

Just woke up in the middle of the night to check the price everything is going according to the plan. I successfully destroyed half of my net worth and life savings.

Get a grip, mindrust!!!!!!!!

You recently moved into the double digit club... 


HELROW!!!!!!!   

[mindrust]

4700 was my entry price and it is gone.

Didn't sell. Riding to zero.

Just woke up in the middle of the night to check the price everything is going according to the plan. I successfully destroyed half of my net worth and life savings.

Get a grip, mindrust!!!!!!!!

You recently moved into the double digit club... 


HELROW!!!!!!!   

From double digits to zero digits in 24 hours.

Hello you too.

Couldn't take it man. I wasn't as strong as I thought I was.

[El duderino_]

Master Luc has became to be a moron, all TA is flawed many times, btc isn’t to be predicted, so don’t try and just live it.... and indeed get a grip

[bitserve]

4700 was my entry price and it is gone.

Didn't sell. Riding to zero.

Just woke up in the middle of the night to check the price everything is going according to the plan. I successfully destroyed half of my net worth and life savings.

Get a grip, mindrust!!!!!!!!

You recently moved into the double digit club... 


HELROW!!!!!!!   

Too late. You are up to a completely unexpected surprise a few pages after that post....

[El duderino_]

Many uncertainties, not saying it’s gonna happen now, but a sudden pump has happened before....

[Paashaas]

Shall i stop posting Corona virus updates?

[JSRAW]

Please, No... I read them 

[JayJuanGee]

So I guess we answered the question of when the S2F model would be broken.

No way, Jose.

Stock to flow model is not even close to being either broken or the BTC price being out of line.

A simple one day correction or even if such correction were to persist and were to last 6 months or longer is not necessarily going to negate the stock to flow model...

Get real.   

[El duderino_]

Shall i stop posting Corona virus updates?

Now but many of the rest may, only your updates are the ones I truly read, thx

[HairyMaclairy]

Rumours flying that Australia preparing to close all borders. Not sure this particular rumour is credible.

[nutildah]

I have enough beer for the night, I think.. Most of a 30 pack..

I told my mom to stock up on food, she finally listened, and told me today that she bought 5 cases of beer to last a little while so she doesn't have to go to town..

Anyone else feel like getting blackout drunk?

You should stick with cookies and milk. 

You will thank me later.   

No bro..

I'm thinking like a case of half gallons of cheap vodka right now..
Way cheaper (abv) and longer lasting than beer..

It's almost 1:30 (PM) here and I'm going to dedicate the rest of the daylight hours to daydrinking. Haven't done that for a while.

I feel like my job security is at risk now, as it is 100% bitcoin-related, but I need to step away from the panic for a bit.


Mindrust, your honesty about your situation is commendable. The honesty of the people adding insult to your injury is in question, however. We all lost today -- let's try to use that as a binding denominator among us.

[El duderino_]

@PAASHAAS, just don’t write 2 times the same in one post 

[Cryptotourist]

WO is for times like these.
Woke up in the middle of the shit-storm, and as I had used all my available fiat earlier on, I started reading slowly for a change.

Disappointed with mindrust.
Admired Lambie & JJG.
Noticed jonoiv going long, and that peonminer sucking dicks on sale.
Closely following every post.

Hopefully we've now had our fucking bottom.
What a night.

Beautiful day though.
Good morning motherfuckers.

edit: HUG ME

[El duderino_]

I have enough beer for the night, I think.. Most of a 30 pack..

I told my mom to stock up on food, she finally listened, and told me today that she bought 5 cases of beer to last a little while so she doesn't have to go to town..

Anyone else feel like getting blackout drunk?

You should stick with cookies and milk. 

You will thank me later.   

No bro..

I'm thinking like a case of half gallons of cheap vodka right now..
Way cheaper (abv) and longer lasting than beer..

It's almost 1:30 (PM) here and I'm going to dedicate the rest of the daylight hours to daydrinking. Haven't done that for a while.

I feel like my job security is at risk now, as it is 100% bitcoin-related, but I need to step away from the panic for a bit.


Mindrust, your honesty about your situation is commendable. The honesty of the people adding insult to your injury is in question, however. We all lost today -- let's try to use that as a binding denominator among us.

I to admire his honesty and not to insult him at any level, still it’s pity after coming this long of a way, also tildah, take care !

[JayJuanGee]

And there it went triggered the last of my standing limit buy orders left when the price was last there more than one year ago.

I had some of that too.... fuck...

I did place a few more buy orders between $3k and $3,8xx that have not yet been filled, and then the price going up to $5,500 allowed me to make a few small sells and therefore, I have replacement buy orders in the $4,1xx, $4,3xx and $4,5xx area... . gosh, has been a bit stressful recently, and I am kind of contemplating what to do for possible price movements below $3k.. Let's hope that the bottom is in with our current local low of $3,850.... but probably we are less than 50/50 odds with that?

Oh, by the way..... @ JSRAW:  would you like to apologize to me for your March 2019 statement about never going below $3,900 again?      NOT that I did not want you to be correct.  

[serveria.com]

Panic bested me.

You got "The Fear"  

Sorry to see you dump your bags.

Though @mindrust, you where always screaming for these prices, now they are here and your pants felt of? Come on man!

Well I have always suspected thr guy is a wussie and weak hands.  Grow some balls. Fuck that I'm going down with the ship.

[mindrust]

I am not that really in a bad shape. It is not that I lost everything. I lost a lot from profits but if I didn't invest in bitcoin, I would be at the point exactly where I am at now.

 Maybe it goes lower and I'll get back in but I know for sure I am not going nuts with the money I throw on a super volatile asset this time.