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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.2%)
8/4 - 16 (13.4%)
8/11 - 7 (5.9%)
8/18 - 6 (5%)
8/25 - 8 (6.7%)
After August - 70 (58.8%)
Total Voters: 119

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26482142 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
dragonvslinux
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March 20, 2020, 05:10:25 PM
Merited by cAPSLOCK (5), vapourminer (1), gentlemand (1), fluidjax (1)

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.


There is no Merit for you here, boy!

Do you ever wonder why more newbies don't come into the Bitcoin space? Maybe, just maybe, quite possibly, they are just genuinely trying to join the "community" here try and engage with it. That was their first post, as a sign that maybe new investors are entering the space. I'd say if this was the case, you might of made them feel that the community is too insular for them Roll Eyes

Imagine if he has no idea what merit is, he'd now be researching it, probably realizing how cliquey this community can be at times Tongue
I always respect your opinions, but I'll also say when I disagree.
gentlemand
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March 20, 2020, 05:12:42 PM

There is no Merit for you here, boy!

Now now. This is a time for kindness and coming together.

I have one merit for him if he fingers himself on camera.

I'm interested to know if all this lockdown stuff does create a surge of new interest from people who until now didn't have the time or inclination to investigate.
JayJuanGee
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March 20, 2020, 05:19:05 PM

Meantime it looks like Bitcoin is clawing its way back to "normal" (8k) which is still below where it should be (12k) but we can deal with that next week.

Certainly holding up better than ye ole stocks.

I don’t see how $12,000 isn’t going to be an absolute guarantee by the end of 2020. The halving will ensure that!
Fortune favours the brave, we deserve what’s coming to us.

I prefer the variation "fortune favours the prepared mind". Louis Pasteur made this remark: "Dans les champs de l'observation le hasard ne favorise que les esprits préparés", meaning "In the fields of observation, chance only favours the prepared mind."
I am not inclined to believe that cerain price will be reached in the next 2-3 years, but the reduced supply will make the difference sooner or later. So it is not only about bravery but knowledge as well.

Let me get you straight, ivomm.  Are you asserting that current macro events are going to either undermine or negate currently widely accepted BTC price prediction models?  You know the ones.  1) Stock to flow, 2) four year fractal and 3) s-curve adoption based on network/metcalfe principles.

If new ATH is delayed beyond the end of 2021 (i.e. LFC loses his bet with Bossian), then maybe those current price prediction models would not be negated completely, but they would likely need to be tweaked substantially, no?

I'm already here.


/blocked  Kiss  #quarantine

Weeeeeeee

dragonvslinux
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March 20, 2020, 05:29:57 PM

There is no Merit for you here, boy!

Now now. This is a time for kindness and coming together.

I have one merit for him if he fingers himself on camera.

I'm interested to know if all this lockdown stuff does create a surge of new interest from people who until now didn't have the time or inclination to investigate.

At least now we'll know if they were begging for merit all along. I think most bounty hunters would go for this deal Grin
But otherwise, lots more "average joes" are at home now, no doubt more on the internet, probably thinking "shit the economy is going to collapse at this rate, wtf am I going to do". Oh look, some stupid nerds think they programmed money to solve the problem - many hours later - "might buy a small amount, just in case". Adds up to me at least.
I don't expect many other investors to be buying at these levels anyway, the charts still look like a bit of a shit show.
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March 20, 2020, 05:33:28 PM

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.


There is no Merit for you here, boy!

Do you ever wonder why more newbies don't come into the Bitcoin space? Maybe, just maybe, quite possibly, they are just genuinely trying to join the "community" here try and engage with it. That was their first post, as a sign that maybe new investors are entering the space. I'd say if this was the case, you might of made them feel that the community is too insular for them Roll Eyes

Imagine if he has no idea what merit is, he'd now be researching it, probably realizing how cliquey this community can be at times Tongue
I always respect your opinions, but I'll also say when I disagree.

Agreed with the essense in general but... in this particular case, look at the nickname... "Here4Gainz"... C'on...
nutildah
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March 20, 2020, 05:38:43 PM

In less than two months, Bitcoin will be halved.
What do you think will be the same trend as with other currencies before and after halving?
For example LTC. Before halving, the price will rise and after it will immediately collapse.
How likely is this scenario?

This is the wrong thread to be meriting your alt accounts in, sonny.

Tards coming out of the woodwork today.

Must be something in the air.
JayJuanGee
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March 20, 2020, 05:41:35 PM
Merited by vapourminer (1), JSRAW (1), PoolMinor (1)

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.

Welcome, Here4Gainz.  You might need to provide more information about your particulars, but surely your own research would be part of any BTC plan.

I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.

Accordingly you can take your current cash available for budgeting towards bitcoin and add it with your cashflow that you expect to dedicate to invest in bitcoin over the next 6 months.  Divide that into three and invest 1/3 immediately and dedicate 1/3 respectively to DCA and buying on dips.

Of course, you can employ other variations of such recommended strategy to account for all of your own specific conditions, including  your cash flow, other investments, view of bitcoin as compared with other investments, risk tolerance, timeline and time and skills for trading, managing your portfolio or researching into bitcoin (including tweaking from time to time).
strawbs
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March 20, 2020, 05:49:16 PM

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.

Welcome, Here4Gainz.  You might need to provide more information about your particulars, but surely your own research would be part of any BTC plan.

I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.

Accordingly you can take your current cash available for budgeting towards bitcoin and add it with your cashflow that you expect to dedicate to invest in bitcoin over the next 6 months.  Divide that into three and invest 1/3 immediately and dedicate 1/3 respectively to DCA and buying on dips.

Of course, you can employ other variations of such recommended strategy to account for all of your own specific conditions, including  your cash flow, other investments, view of bitcoin as compared with other investments, risk tolerance, timeline and time and skills for trading, managing your portfolio or researching into bitcoin (including tweaking from time to time).

Or just go all in Grin
JayJuanGee
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March 20, 2020, 05:55:03 PM

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.

Welcome, Here4Gainz.  You might need to provide more information about your particulars, but surely your own research would be part of any BTC plan.

I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.

Accordingly you can take your current cash available for budgeting towards bitcoin and add it with your cashflow that you expect to dedicate to invest in bitcoin over the next 6 months.  Divide that into three and invest 1/3 immediately and dedicate 1/3 respectively to DCA and buying on dips.

Of course, you can employ other variations of such recommended strategy to account for all of your own specific conditions, including  your cash flow, other investments, view of bitcoin as compared with other investments, risk tolerance, timeline and time and skills for trading, managing your portfolio or researching into bitcoin (including tweaking from time to time).

Or just go all in Grin

Personally, I do not recommend such a "go all in" strategy, but surely there are a decent number of people who do recommend such a strategy.. some of them are successful, and some of them are not.

When I started with bitcoin in late 2013, my initial investment timeline was intended for more or less a minimum of 1 year, but I was more realistically considering my minimum to be at least 2 years unless shit really hit the fan.

These days, I am recommending that newbies come into the space with a minimum timeline of 4 years, and of course if they have a longer investment timeline, then that would be great, too.  Even with such a 4-year minimum timeline, they can still tweak their strategies in less than 4 years time and even decide to pull out some or all of their investment before the 4 year timeline, but I still think that they should be trying to make some kind of "lock-in" projection of 4 years to take the matter seriously, NOT investing more than they can afford to lose and also that also accounts for their individual circumstances, as I already mentioned the most important individual factors in my earlier post.
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March 20, 2020, 05:57:14 PM

Oh no... not 6400 sideways... not again...
cAPSLOCK
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March 20, 2020, 05:58:11 PM

Who's that? The nullster? He's not too bad. Is he? Apart from rabbiting on. And on.
Worse than wordy man.

Come now.  There is no need to be hyperbolic.
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March 20, 2020, 06:11:01 PM

Do we have anyone here COVID-19 positive?
Hope no one yet.

Hitting close (though faraway):

https://bitcointalk.org/index.php?topic=5233043.msg54065345#msg54065345
Somebody close to me is now presenting symptoms fully consistent with COVID-19, including somewhat worrisome respiratory involvement.  [...]

This is the singular person in my extended family to whom I have always felt closest, even when she is faraway.  I love her dearly; nevertheless, I am still not panicking.  Neither is she.  She is calm, rational, a lucid thinker despite the low-grade fever, and about as cheerful as one can be in the circumstance.  We candidly discussed her probability of death (we think, low but not insignificant); and in prudence, I inquired as to her wishes in the event of her death.  I had (and now have) tears welling in my eyes; she was emotionally unmoved.  Her morale is a model of personal courage—a quality for which I admit she handily exceeds me, and always has. [...]

If this person dies, then I will spend a full week doing nothing but weeping, grieving, and contemplating my unalienable right to suicide without actually doing it.  I will then pick myself up, and build good things in her memory.  —If.

That is a very old-fashioned view of life, obsolete in our advanced technological modern society where everybody has an unalienable right to safety.



With due apologies for the extended metaphor—this is too good to resist:

I'll even do a waggle dance for you, if you wear a hat. Here's a preview of the delights that you are in store for. No HOMO

The lovely dancing worker bees are all non-reproductive females in service of the Queen. ;-)

(Point taken; but if anybody can persuade me to change my avatar, I will eat my hat!)



++:

It's not about the Covid deaths. It's about their consequences.
Snakes don't do much damage to the economy, do they?

Well, maybe we shouldn't overreact and shut down the economy then.

From my perspective, the lingering question is not the virus, but whether this causes non repairable shit in the legacy financial system. Something has been burning since September already when the repo market got sick. This had nothing to do with the virus.

So I am keeping an eye out for more sorrow (and related scare dumps) before I declare all this over.

Whether Bitcoin would dump as well in a renewed scare dump downwards: we will have to wait and see.

...and others!  I just skimmed, and missed much.



I also noticed that my last post here re mindrust somehow missed this before it:

I've been thinking about mindrust. #nohomo

What is extraordinary (nutildah mentioned it first), is his sincerity about the incident.
Should that had not been so, we wouldn't have known - and/or whatever.

It is important to pause, and take the lesson here.
The shake down of a weak (in retrospect) over-invested bull, realizing a capital loss - but most importantly abandoning all hope and position, is not to be taken lightly.



Question: If BTC goes to $2k, will you buy 20 coins or not? I'm guessing a solid no.

I will not rub it in your face any more.
Hopefully you will do what is best for you.
Oh, and $50 per month, won't fucking cut it.

For one, thank you for sharing.

Excellent points.

I followed mindrust’s post history in here, due to my respect for the sincerity with which he has upheld Bitcoin maximalist ideals in other important contexts:  Defending Core against fork attacks (check his post history!), bringing important Bitcoin messages to the Turkish forum at the cost of his own effort, and doing other good things that require significant understanding and self-motivation.  It is why I was flabbergasted that he sold out all his skin in the game, and—now believes that Bitcoin is good for $50/week?

I haven’t been picking on him for the purpose of humiliating him, but to the contrary:  My respect for him has left me shocked and confused.  It is not that there is some cultlike need to pay in to show what a Bitcoiner you are, but the opposite:  If you are preaching the message so hard, then I look at you as somebody who therefore naturally regards Bitcoin as a precious, desirable thing.  That is what threw me.

I have not wanted to rub it in mindrust’s face at all.  Don’t want to now, either.



Not investment advice:  I myself first bought in for €200 when I was literally homeless, from about €500 that a family member had sent for food and other basic necessities—then went sideways a bit, for to err is human.  Times were grim.  For other reasons, it was the time when I finally wanted in; and though I could not afford it, I figured, now or never.



Go, Bitcoin, go!

Life goes on, though I may not be in WO much for awhile.  On the other hand, I do need to keep up with the market—so that I can discuss some good news to my strong-willed sick relative, who would tear me in half if I were to speak only of sickness.
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March 20, 2020, 06:13:15 PM
Merited by JayJuanGee (1)

Citing low liquidity, Bitfinex has announced that it will soon delist over 87 trading pairs. This move reflects the increasing competition within the altcoin space, and could prompt considerably more market volatility.

https://bitcoinist.com/bitfinex-removes-almost-100-trading-pairs/



Bon voyage, shitcoins.
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March 20, 2020, 06:29:52 PM

Oh no... not 6400 sideways... not again...

I prefer this to 5400 and dropping...on the other hand...it comes to mind...18 million BTC out there....access to gold (person to person buys) in developing
countries are not too prudent, printing money in such countries and likely other 'dubious' and 'crooked' actions by individuals in governments of such places
Bitcoin may be literally a frigging 'godsend' as a way to minimize the above actions of the above. Limiting bank access. etc.
We will see but in my kool-aid Btc fanboy mine...BTC should act for something good in this pandemic, IMHO, besides moon under such circumstances as
(again, in my dubious fanboy mind) a legit store of value for the future in these dark economic and health times.

Brad
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#1 VIP Crypto Casino


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March 20, 2020, 06:30:35 PM
Merited by HI-TEC99 (1)

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March 20, 2020, 06:31:01 PM

Citing low liquidity, Bitfinex has announced that it will soon delist over 87 trading pairs. This move reflects the increasing competition within the altcoin space, and could prompt considerably more market volatility.

https://bitcoinist.com/bitfinex-removes-almost-100-trading-pairs/



Bon voyage, shitcoins.

This means people will buy bitcoin and shitcoiners will get the royal FU  Smiley
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March 20, 2020, 06:32:23 PM



38.6C is a definite fever.... Pic has already reached me through other means  Wink
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March 20, 2020, 06:32:34 PM

Head and Shoulders?  

Or

Cup and Handle?

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March 20, 2020, 06:33:06 PM

Good morning Bitcoinland.

Briefly touched the $7xxx range before correcting a little... currently $6660USD/$9507CAD (Bitcoinaverage).

Still a week and a half in Mic's contest. This should be interesting.

Stop using the paper money. Seriously, paper money is the easiest way to spread any kind of germs.

Not my paper money.  Cool



 Well that there's proof, uncirculated paper! Very special.
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March 20, 2020, 06:34:41 PM

I'm already here.

not sure if to merit or not.

although i did find it humorous.

Always check trust pages on suspicious Newbie accounts.

I think this one has bad intentions toward us all.
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