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

[OutOfMemory]

As I said, I am sure. For me. Does not mean it really will happen. But I watch all these pumps and dumps for 6+ years now and you start to get a feel for it. I tried trading once in 2016, lost 0.4 coins and never did again. But this time I was really sure that it will drop from 9900s. We see this pattern for weeks.

[LUCKMCFLY]

It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/

[El duderino_]

I would like a weekend pump ....

Now

Early #HODLsleep

[LFC_Bitcoin]

I would like a weekend pump ....

Now

Early #HODLsleep

When $10,000 Dude?

[_javi_]

It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/

https://twitter.com/jk_rowling/status/1261396891784413185

"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)"

Unbelievably short sighted person

[vapourminer]

What is your tip for knowing when the market has achieved a superexponential blow off top?

last bull run it was this special moment: you check the price when you leave home to get to your job head for the bathroom. you check it again when arriving at work leaving the bathroom. you made more money commuting to work that day taking a dump than you usually make in 12 months of regular work.

FTFY

That's pure fiction, vapourminer.  Have you ever heard of any BTC HODLer, in real life, who would actually take a dump without checking the BTC price?

Get real!!!!   

you have a lot of faith in my ability to do two things at once. i tried that. the result was sub optimal and my new phone is waterproof.

but really, until phones can go through autoclaves i can wait it out.

[DaRude]

It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/

https://twitter.com/jk_rowling/status/1261396891784413185

"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)"

Unbelievably short sighted person

I don't understand US financial system. Please explain it to me.

[bkbirge]

It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/

https://twitter.com/jk_rowling/status/1261396891784413185

"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)"

Unbelievably short sighted person

She's richer than most people in the 1% let alone the rest of the population. And she didn't make her money with investments, she's a fiction author. She has very little motivation to learn other than a passing curiosity I'm sure.  Bitcoin isn't designed for people like her, it's designed for the rest of us.

[UnDerDoG81]

This time I was 100% sure about the drop if we reach 9900s. I even asked how to claim my forks so I can sell all I have. But not had the balls... Now we going down to hell... Could have been the chance to double the coins. But now it's too Late, dont have the balls to sell now too, even though I am sure we go sub 8k or more

Even though you might be "sure" about something, that hardly means very much in terms of what honey badger is going to actually do.

As I said, I am sure. For me. Does not mean it really will happen. But I watch all these pumps and dumps for 6+ years now and you start to get a feel for it. I tried trading once in 2016, lost 0.4 coins and never did again. But this time I was really sure that it will drop from 9900s. We see this pattern for weeks.

Fair enough.

One of the tricks would be to stay consistent with the passage of time with what you "see", so surely if you can continue to see and don't get totally reckt at some point, then you might be onto something with your visions based upon experiential feelings.   Good luck with that.    You will likely need it.

Yeah based on my gut. Thats why I dont had the balls. I never had good luck with "quick cash" things. Thats why I am in hold mode for 6+ years. And will continue. But if we ever reach 50k, I cash out maybe 20-50% of the holdings and start enjoying life a bit  

[xhomerx10]

lucky enough to never had the gambling addiction.

I like to learn from other people's mistakes.

In the case of gambling, it was the drummer of a band I was in back in my high school days. He had saved up enough from slaving at a summer job and working after school to buy a lovely new set of Sonor drums.

One day we showed up for rehearsal and there were no drums. It turned out that they were in the pawnshop. He'd bet the money on a "can't lose" horse at the racetrack. It did lose.

None of us had enough money to get them out. That was the end of that band. Too bad. We were good. Won every battle of the bands we ever entered. It was a bitter pill to swallow.

I swore never to allow something that stupid to happen to me. Since then I've never bet on a race or game, bought a lottery ticket, gambled at a casino, or otherwise risked my money on something over which I didn't have control.

I don't play the stock market and I'm a Bitcoin investor, not a trader. I consider being a Bitcoin early adopter like being a venture capitalist.

VCs are investors. People who buy listed stocks after the IPO are just gamblers.

 Reminds me of a joke.

 What do you call a drummer who just broke up with his girlfriend?

  homeless

[DaRude]

I wonder what happened to adamstgBit. On a yacht somewhere hopefully.

He was regularly pilloried for not ascribing to the catechism of the echo chamber. Got tired of the abuse and left for The Forum That Shall Not Be Named.

He was on the wrong side of the scaling solution. Instead of admitting it, he just quit BTC, and now somewhere on the other echo chamber forum too proud to come back. BTC doesn't forget, but it does forgive.

[Torque]

It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/

https://twitter.com/jk_rowling/status/1261396891784413185

"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)"

Unbelievably short sighted person

She's richer than most people in the 1% let alone the rest of the population. And she didn't make her money with investments, she's a fiction author. She has very little motivation to learn other than a passing curiosity I'm sure.  Bitcoin isn't designed for people like her, it's designed for the rest of us.

She'll condescend and tune out the people that care about what Bitcoin is, but she'll sure as shit listen intently as her financial advisor tells her to "stay away from Bitcoin" and "herp derp just buy stonks".

[HairyMaclairy]

She is a billionaire.  We don’t need to give her financial advice.

[Torque]

She is a billionaire.  We don’t need to give her financial advice She doesn't need to bother asking the poor pleb masses what Bitcoin is, because she stopped caring about 3 seconds after she asked (while admittedly inebriated).

FTFY

[Raja_MBZ]

Whew! Elon Musk jumps in:

Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet 👻 money look solid by comparison

https://twitter.com/elonmusk/status/1261416824459030529

[Raja_MBZ]

https://twitter.com/jk_rowling/status/1261351775698694147

Whew! Elon Musk jumps in:

Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet 👻 money look solid by comparison

https://twitter.com/elonmusk/status/1261416824459030529

[Wekkel]

I wonder what happened to adamstgBit. On a yacht somewhere hopefully.

He was regularly pilloried for not ascribing to the catechism of the echo chamber. Got tired of the abuse and left for The Forum That Shall Not Be Named.

He went off to 'self' quarantine from SEGVID-17

Hope he's still healthy

He self-quarantined for the ‘wife don’t like it’.

Can’t blame him. I just don’t tell the wifey that much 

[Wekkel]

It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/

https://twitter.com/jk_rowling/status/1261396891784413185

"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)"

Unbelievably short sighted person

I understood it within 30 seconds. I have accepted that it wil take a generation for the rest to get it

[STT]

Billions can pay for a team to manage assets in a portfolio, the dynamics to the masses who don't want another hole in their pocket to lose their days earnings through is entirely different.   She was poor at one point, she found it cheaper to go out and sit in a shop or library to type then heat a home I think I read so pretty poor.   But she always had the hope of investing in herself and writing stories as a means of value creation, so she owns and controls the means of production of that paper.   Ask her what if that paper was printed by someone else and they made so many the value of her books went down despite all her hard work deserving a higher value, what if that paper was the Dollar notes normal workers are paid in and try to save.

Possibly a weather forecast for the next decade
https://youtu.be/FZyWMU9CSc8?t=952


BTC slips below 2 day average but remains above a rough week average at 9200 and so remains positive.   Closing the price in this area for the week would give some possibility of a lower high forming though we've gained this week so seems a possibly overly harsh take.

[jojo69]