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

[El duderino_]

Is it in yet?

Nooo let us pump, let. us pump to da moon

[aesma]

Oh the fun it would be to be rich and participate in that action with huge sells and buys.

[Phil_S]

Ah, we're poor again.

[Ibian]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.

If people can't find money to eat, would they buy crypto? nope. The only thing that can prevent this from happening is the FED and its printer but what if the printer go kaputt?

There is another thing...

I am starting to feel weird about this tether stuff lately. It bugs me a lot tether staying at the 4th spot on CMC.

What if that 6.4Billion USD is the amount Finex created out of thin air is to keep bitcoin alive (alive in contrast of dead, $1k) and that's the exact amount that people extracted from btc over the years? They created that 6.4B to keep BTC from collapsing, maybe? Because otherwise that 6.4B means Bitfinex owns 6.4B worth of assets which is, kinda, bullshit you know.

Thinking about this gives me more and more warnings about this thing so yes, I'll keep my position small and will keep extracting money when it reaches a certain size. I had my chance to buy back from 4.5k didn't do it. If it goes back to 4.5k again, won't do it again.

On the other hand, in a world where almost everything is a lie, a 6.4B lie from Bfinex looks sustainable.  

The thing is btc is not the unbeatable, invincible investment asset once it looked like to me anymore. Do I care about it when BCH makes a %500? Nope. That's how I feel about crypto now.

ALL the way to 3-5k? Man, what will I do with only 6-10 times my original investment.

What I tell people is to invest 2% of their net worth. If it goes bust they will not feel it, and if it moons then they may have another 20% net wealth overnight. And then they can just skim off the top as the price keeps rising further.

I don't see how anyone who understands bitcoin can afford to NOT invest at least a small percentage. You either lose practically nothing or gain a fortune.

[aesma]

Down down down red red red abandon ship !

[El duderino_]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

I think even 1BTC would be a good idea for mindrust as a pension top up or something. Who knows what 1BTC will be in 20-30 years.

Even if he can’t or won’t buy 1BTC I hope he can earn it via a sig campaign or something.

Indeed, as a former WO-brother I would insist him to buy at least one full BTC

[OROBTC]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.

If people can't find money to eat, would they buy crypto? nope. The only thing that can prevent this from happening is the FED and its printer but what if the printer go kaputt?

There is another thing...

I am starting to feel weird about this tether stuff lately. It bugs me a lot tether staying at the 4th spot on CMC.

What if that 6.4Billion USD is the amount Finex created out of thin air is to keep bitcoin alive (alive in contrast of dead, $1k) and that's the exact amount that people extracted from btc over the years? They created that 6.4B to keep BTC from collapsing, maybe? Because otherwise that 6.4B means Bitfinex owns 6.4B worth of assets which is, kinda, bullshit you know.

Thinking about this gives me more and more warnings about this thing so yes, I'll keep my position small and will keep extracting money when it reaches a certain size. I had my chance to buy back from 4.5k didn't do it. If it goes back to 4.5k again, won't do it again.

On the other hand, in a world where almost everything is a lie, a 6.4B lie from Bfinex looks sustainable.  

The thing is btc is not the unbeatable, invincible investment asset once it looked like to me anymore. Do I care about it when BCH makes a %500? Nope. That's how I feel about crypto now.

ALL the way to 3-5k? Man, what will I do with only 6-10 times my original investment.

What I tell people is to invest 2% of their net worth. If it goes bust they will not feel it, and if it moons then they may have another 20% net wealth overnight. And then they can just skim off the top as the price keeps rising further.

I don't see how anyone who understands bitcoin can afford to NOT invest at least a small percentage. You either lose practically nothing or gain a fortune.

I have been +/- 1% of my net in BTC for a long time.  Well, today it's little over 1%...

In my case, even 1% is just fine.  My logic is similar, if BTC craters, no big deal.  If it quintuples over the next 1 - 5 years, great.  Takes me to an easy + 5%.


Gold BTC Bearing Guy is proud to ride with the W.O. posse.

[mindrust]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

I think even 1BTC would be a good idea for mindrust as a pension top up or something. Who knows what 1BTC will be in 20-30 years.

Even if he can’t or won’t buy 1BTC I hope he can earn it via a sig campaign or something.

Indeed, as a former WO-brother I would insist him to buy at least one full BTC

I believe I will be having 1btc (or close) in a year or so with the current investment plan I got unless... it goes to 20k+  

Sig money only brings around $3k/year so it is pretty possible.

[El duderino_]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.

If people can't find money to eat, would they buy crypto? nope. The only thing that can prevent this from happening is the FED and its printer but what if the printer go kaputt?

There is another thing...

I am starting to feel weird about this tether stuff lately. It bugs me a lot tether staying at the 4th spot on CMC.

What if that 6.4Billion USD is the amount Finex created out of thin air is to keep bitcoin alive (alive in contrast of dead, $1k) and that's the exact amount that people extracted from btc over the years? They created that 6.4B to keep BTC from collapsing, maybe? Because otherwise that 6.4B means Bitfinex owns 6.4B worth of assets which is, kinda, bullshit you know.

Thinking about this gives me more and more warnings about this thing so yes, I'll keep my position small and will keep extracting money when it reaches a certain size. I had my chance to buy back from 4.5k didn't do it. If it goes back to 4.5k again, won't do it again.

On the other hand, in a world where almost everything is a lie, a 6.4B lie from Bfinex looks sustainable.  

The thing is btc is not the unbeatable, invincible investment asset once it looked like to me anymore. Do I care about it when BCH makes a %500? Nope. That's how I feel about crypto now.

ALL the way to 3-5k? Man, what will I do with only 6-10 times my original investment.

What I tell people is to invest 2% of their net worth. If it goes bust they will not feel it, and if it moons then they may have another 20% net wealth overnight. And then they can just skim off the top as the price keeps rising further.

I don't see how anyone who understands bitcoin can afford to NOT invest at least a small percentage. You either lose practically nothing or gain a fortune.

MMmmmmm sometimes i'm strongly thinking that the mindrust-account is been bought by a troll or something ??

[El duderino_]

@mindrust, if its you... then I hope you will gain back a BTC or more

[cafetools]

With all the hype in the news the usa is just hearing about the bitcoin pump, time for new money to move in a break 9k!

[aesma]

1% or less in BTC and you're allowed on this forum ?

It needs some stricter rules.

[OutOfMemory]

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

I think even 1BTC would be a good idea for mindrust as a pension top up or something. Who knows what 1BTC will be in 20-30 years.

Even if he can’t or won’t buy 1BTC I hope he can earn it via a sig campaign or something.

Indeed, as a former WO-brother I would insist him to buy at least one full BTC

I believe I will be having 1btc (or close) in a year or so with the current investment plan I got unless... it goes to 20k+  

You were told to consider a re-buy(in), multiple times.
In the meantime we're up 100% again. Why did you miss the advices?
Why are you in doubt?
Have i missed it or didn't you elaborate yet?

EDIT: I think i can remember that i told you about my emotional moment, shortly after i got in at $2.4k, panic sold a few days later at $2.2k and regretted it at $2.8k some few days later again, and it was 2017. If i wouldn't have done it asap, i'd bitten my ass to the bone.

[Phil_S]

I believe I will be having 1btc (or close) in a year or so with the current investment plan I got unless... it goes to 20k+  

Or you can get 1btc now. And then follow with no-stress $50-a-week buys.

[El duderino_]

1% or less in BTC and you're allowed on this forum ?

It needs some stricter rules.

Aaaand a little bit more % and you're aloud in the forums best thread ------> the great wall observer

[OROBTC]

1% or less in BTC and you're allowed on this forum ?

It needs some stricter rules.

Some of us cashed in nicely in late 2017 to bring us back down to 1%........

[jbreher]

Mindrust is just an unfortunate misguided chump who panic sold.

Maybe.
It looks like that, but just maybe.

Yeah... right...  

You should know better than that, Cryptotourist.

Devoid of context, my statement looks like an attack on mindrust. It was not meant to be such (much as I dislike the dude/dudette for being an inveterate douche).

I was reacting to the comparison equating Laszlo with mindrust. Even had he never bought the infamous Bitcoin pizzas, Laszlo's place in the Bitcoin pantheon was assured. Outside of the WO Bro Hood, who is mindrust?

[Dakustaking76]

One does not allow to vegeta but buttttt like this it will not take so much time to vegeta 

[aesma]

OROBTC : there is nothing wrong with that...except it could have been a good idea to buy some back at some lower price point, especially as there has been several opportunities since then. Unless you spent it all on coke and hookers, that's OK too.

Just looked at my stock portfolio and it went up 7-8% in the last few days, and another 5% today.

Eerie correlation indeed.

[Ibian]

As of moments ago my old man has doubled his initial investment. He is not a hodler but a filthy fiat trader. I am, nonetheless, very happy for him.