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

[El duderino_]

#Bitcoin is either antifragile or it isnt.

If it is, by definition it will come out of this stronger than it went in.

There is a framework to evaluate “antifragility”. Its not evaluated haphazardly, but with sound logic. So BTC bulls today are betting that framework is correct.

https://twitter.com/Travis_Kling/status/1238223657102487552?s=20

[Ibian]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

[El duderino_]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

I agree with HM that its not a common thing atm, I think it will be a common thing in the future and people will be waaaaaay more relaxed when a vaccin is out for easy buying

[serveria.com]

I think I am about to capitulate .

I can live with one arm.

define capitulate

Going all out, last time I checked my local exchange wtill pays 5k for a piece. I must get out before they wake up. Waiting for the fucking confirmation

4700 already and no confirmation

I don't know if you are completely serious or not. Anyways DYOR/YMMV.

I am not selling. No way I do it at this price much less at anything lower.

I am serious. I guess I invested more than I could afford to lose.

Never took profits.

It is on the  exchange now but I don't want to make a mistake I'll regret tomorrow but what If i am making the mistake now...

Holy fucking shit.

After two years of training, and sure I thought that sometimes you were actually exaggerating your emotional state, but Jesus, it makes no fucking sense to sell on a correction after the price has corrected  more than 50% in a short period of time.  Yeah of course you could end up getting the matter right, but hardly makes any sense...

... but yeah, maybe you ended up doing this on a bounce to $4,8xx... but still.. going back to single digits because of these kinds of emotions.. unless you happen to get lucky, but in the meantime, you are likely going to be under stress for a considerable time until you are able to fix the matter.

much better to attempt to stay ahead of the situation and have the price come to you... of course, we can tweak here and there and shave some off, but we should be shaving off when prices are going significantly up, rather than when they are in a fairly intensive correction.. those are the kinds of mistakes that the mayor was making on a regular basis, and others make those mistakes, too.. but you can train out of making those kinds of newbie mistakes, especially when you been in a decent groove for a couple of years... and building little by little... on a consistent but somewhat sure basis.

Curse the day I learned about this shit.

Well, yeah.. that is how roach started out... making a smart move to sell at $700, then just got increasingly more and moar bitter...

5229

put a gun in my mouth

why the fuck I even woke up in the middle of the night

going back to sleep, I'll probably delete my account tomorrow.

don't rush, it almost ALWAYS double-dips. Just be ready for it.

Yeah... Key word is "almost" always

Yeah exactly my thoughts. Roach #2. Roach material 

[Ibian]

Can’t imagine myself being the complete moron of selling my coin as cheap as they are now....

The selling is not done by people who need the fiat now. This is different. I don 't know what it is though.

It's someone trying to crash the market to buy back cheap, using Corona-tama as an excuse for why this is organic. Doesn't matter, hodl on.

[mindrust]

Well, yeah.. that is how roach started out... making a smart move to sell at $700, then just got increasingly more and moar bitter...

Another honest feeling: I feel like I am starting to look like roach by the time passes.  

I would be a full-time gold freak when btc recovers from here and makes another ATH.  



I am starting to change guys. Help me out.

[Ibian]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

I agree with HM that its not a common thing atm, I think it will be a common thing in the future and people will be waaaaaay more relaxed when a vaccin is out for easy buying

Viruses mutate. An effective vaccine is highly unlikely.

[JayJuanGee]

I dont think Bargain Boyz were expecting this....

Finally, a little humility from Lambie bambie...

We're making some progress. 

Hey JJG. How your laddering did? Any standing orders or all triggered? My last one was at $4111. Was going to go all in with the rest of fiat when it went sub $4K but it quickly reversed before I finished entering my order

Of course, buying all the way down from $9,9xx to $4,05x does not make me really feel much of a genius.. I had no fucking sell orders in there, except when we bounced back above $5,5xx...

In the end I bought quite a bit, and had a few more buy orders left down to $3k... and surely I hope that those ones do not get filled, because then I am going to have to consider if I need to inject some more money into the system.... I was really hoping NOT to see sub $5k again... but it is what it is, and that is part of the reason for employing such an insurance program... It does not make a killing, but it does allow for some peace of mind, and some stacking of additional sats...

I have not done the calculation yet, but I likely added a bit to my position .. even though some of those are going to be sold again on the way up, assuming that we go up, at some point.  I do have the whole system designed in a way that causes the profits to be taken in BTC rather than dollars, so in the long run, when we get to $19,666 - assuming we get there at some point, I should have  more BTC than I had the first time around..  By the way, the system does work a bit better when the price bounces up and down a bit more, but I suppose it did relieve a decently large amount of stress if just sitting on the BTC and not really being able to convert some of the lemons into lemonade.

There are probably quite a few of us who really don't want to be testing our December 2018 low of $3,124.. even though Hairy remains one step ahead of the vast majority of the rest of us by having his buy orders going all the way down to $10.. but hey, there always should be one prodigy in the group... I suppose.   

[serveria.com]

Not buying not selling... just HODLing...

[Saint-loup]

Not buying not selling... just HODLing...

If no one buys the price won't rise up.

[VB1001]

Good morning WO,s
if I tell you the truth I do not understand the reaction in the thread, we are supposed to be BTC bulls, do you think we are the only ones that are falling?
Bitcoin right now is the least of the problems, it will continue on its way, the badger is fine.
People are not fine, take care of your health and wait.

#StrongHats

Glad to see you again Toxic2040

[mindrust]

New plan; starting to DCA from here. $50/Week. (I don't mean my signature) No buying the dips, no getting in with huge money.

Only Automated buys.

Let's see how that'll go.

Fuck roach. I admit though I stepped down my game a lot.

(50 bucks/ week is something I could afford to lose)

[JSRAW]

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.  

Sorry Spiderman, please accept my apology

Btw It went to $3900? i see only 4k ish range. was out all night with my g.f and friends celebrating her birthday, so i missed the bloodpath and all the fuckery. But when i checked it in the morning.... shit ... portfolio was/ still down significantly in fiat but i didn't lose my shit over it, luckily.

I had only one buy order waiting at $5k range for ages as back-up plan, in case of any doomsday scenario. not happy with this situation overall but can't complain either as i increased my stash. Now getting my shit together for next doomsday if it happens again.

@mindrust : Read your posts, tbh i didn't expect you to go down this road. feel for your brother. I just want to say that don't let that "One bad night/One bad call" decide your faith.

Welcome back Toxic, good to see you man

[NeuroticFish]

to invest in bitcoin for him in early March, which turned out to be awful timing

Yeah, I've also "bought the dip" in early March.

[ChuckBuck]

Calm your tits ChuckBuck

Yes, I still watched my money go down calmly till now

I see you've removed your hat and you're looking for Fiat.
This one's more suitable for you today.

No no, I didn't give up my hat, nor did I looking for fiat, don't get me wrong, I just read some news and found that everything was going down, I was watching my money die in bitcoin, quite shocked when I woke up 

Not buying not selling... just HODLing...

Yes, it was the damn thing I did when it was 8k a few days ago, and look what we have right now 

[JayJuanGee]

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Well, yeah, there are a variety of ways to attempt to recover from a mistake, but most of the time, we should not be playing around with all or nothing tactics.. those are both rookie mistakes and getting too greedy mistakes.

Sure, mindrust mentioned that he was overinvested on several occasions, but that really means acting way the fuck before the bottom (yeah, I know that we do not know when the bottom is going to be, but still we have to try to be reasonable about these matters and try to stick to a prudent plan, even during times that it might be quite uncomfortable.... even I was uncomfortable after we fell below $5,500... and furthermore, we fell a whole fucking $1,700-ish after that... so, yeah, holy fucking shit... we gotta be ready for these kinds of possibilities, even though they are outrageous.

[El duderino_]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

I agree with HM that its not a common thing atm, I think it will be a common thing in the future and people will be waaaaaay more relaxed when a vaccin is out for easy buying

Viruses mutate. An effective vaccine is highly unlikely.

If the idea is there already that there is a vaccin is already enough, alright later on the virus will mutate, but now when it’s contained they will keep working for new vaccines and not like when SARS was contained to stop working on it...

[NeuroticFish]

If the idea is there already that there is a vaccin is already enough, alright later on the virus will mutate, but now when it’s contained they will keep working for new vaccines and not like when SARS was contained to stop working on it...

There are the mutations, there are the anti-vaccinists, there are careless people (always!) so I'd be also highly focused on the development of antiviral drugs designed to cure/kill this nasty little thing.

[Ibian]

so how does this effect the halvening is my q

The halvening is cancelled.

[Ibian]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

I agree with HM that its not a common thing atm, I think it will be a common thing in the future and people will be waaaaaay more relaxed when a vaccin is out for easy buying

Viruses mutate. An effective vaccine is highly unlikely.

If the idea is there already that there is a vaccin is already enough, alright later on the virus will mutate, but now when it’s contained they will keep working for new vaccines and not like when SARS was contained to stop working on it...

It can't be contained. That's why this is the big one. Everyone is going to get it, and if the mutation rate is anything like just the flu bro, then we could end up with a yearly recurring global pandemic.