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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372358 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.)
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.
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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).
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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...
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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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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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March 20, 2020, 06:36:53 PM

Breaking news.
 For the first time in Europe, an italian bank offers direct real bitcoin wallet on their services.

Italian Bank offers Bitcoin Wallet Integration in their Online Platform.

Think about square, but integrated on a traditional bank approach.

I know, not your keys, not your bitcoin.
But a lot of people simply cannot understand how to hodl.
This is a state of the art- secure framework to hodling your funds.

Even if you don't like it (fully legitimate to think so), this is an option for more people to jump in.

<...>

A nice article from
Italian bank releases Bitcoin wallet despite coronavirus

Quote

Italian bank releases Bitcoin wallet despite coronavirus
Challenger bank Hype’s integration of crypto wallet service, Conio, lets customers buy, sell, and transfer Bitcoin.

In brief
  • Italian challenger Hype has released a Bitcoin wallet.
  • The wallet uses multiple keys for security.
  • Bitcoin offers an alternative to traditional cash, which can spread coronavirus.

A good reason to focus to Italy, for a change.

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March 20, 2020, 06:41:38 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.

i actually deleted my post you quoted as its pretty bad taste for a joke. but bad taste has never stopped me before. sounds like something i would do actually.

he had only 1 post (that one) when i quoted so there no trust history. yet.
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March 20, 2020, 06:45:21 PM
Merited by Cryptotourist (1)

https://twitter.com/CNBC/status/1241062191052337153

Our Kelly has been profiteering from insider info on impending misery. How could she?
nullius
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March 20, 2020, 06:53:18 PM

Always check trust pages on suspicious Newbie accounts.

I think this one has bad intentions toward us all.

i actually deleted my post you quoted as its pretty bad taste for a joke. but bad taste has never stopped me before. sounds like something i would do actually.

he had only 1 post (that one) when i quoted so there no trust history. yet.

Your post brought this plague to public attention (i.e., my attention), whereupon I created trust feedback.  (“Neutral”, because I do not use negative feedback for non-serious purposes; this is the third “neutral” that I have left in fine humour, and the second one that I’ve left for an alt account that had some humorous element (though the other one had a serious purpose).)

As for the taste of the joke, yes, I will laugh at the plague and laugh at death, too.  It is superior to panicking.  Indeed, I most appreciate the joke now of all times, because I can’t drink myself silly when I am trying to find serious information for serious personal situations.
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March 20, 2020, 07:08:32 PM

60,000,000 #USDT (60,348,158 USD) minted at Tether Treasury

Tx:https://whale-alert.io/transaction/ethereum/642f7931d26ff90fb6762a8beb51ad987a6c8ee8ac7f62007b7b4ef6a1a7e721

https://twitter.com/whale_alert/status/1240996306438553602
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