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

[JayJuanGee]

If you thought holding was hard over the past few years, just wait until the #Bitcoin  price is ascending relentlessly, instigating you to sell down your stack.

*Develop a strategy now and do not deviate*

Strong-handedness is more critical in bull markets than bear markets.

https://twitter.com/breedlove22/status/1288682370090950657?s=21

3 day RSI above 85 -> sell a bit.

Buy back lower.

Repeat.

Easy.

Easy for some, hard for most

I have been through the bull/bear cycles multiple times by now and it has always been extremely difficult in the moment when the price is going bonkers to keep sane and make the right decision. In the past I have mostly always decided to not sell any significant amount. This time I will try to time a percentage exit to fiat required to initiate the next phase of my life. I have compiled a long list of top indicators published by well informed members in the Bitcoin space over the last couple years. Hoping I have enough information on hand this time to time some sell orders without looking back with regret. Going to be tough. More tough than all the bear markets combined. 

Hopefully, you can let us know how some of this goes for you, whether while you are carrying out your various sales or after the fact.

I understand that sometimes some forum members do not want to share too many of their buy/sell point specific details because it could screw up their plan if others end up front-running their various buy/sell BTC price points in the even their plan gets too much publicity or further adoption.

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[JayJuanGee]

Sucks to be me.. so many BTC emotional roller coasters..   

isnt that part of what we signed up for? maybe not initially (for me originally it was the mining tech and a use for my game machines that did also did seti and folding on occasions, then later the actual use case and byob thing but that took a while) but now the roller coaster ride is expected. almost required now even. i admit i was falling asleep during that long sideways thing.

i mean whats more fun that watching your stack jump or dive 40% in value overnight. well ok there ARE more fun things but they will remain unnamed as gentlemen dont discuss such things (so ive been told).

the bitcoin rollercoaster guy is still the best meme on bitcoin ive ever seen. its so accurate as to what goes on. at this point anyway.

Fair enough... you party poop.

I was largely just emoticating for funzies... and for exaggeration purposes.

I mean if you look at the contents of my earlier post.  I was saying that based on recent BTC price rises, I had pre-ordered hookers, lambos and blow, but then after reading OutOfMemory's negative nancy price prediction post, I had to go through the efforts of cancelling my seemingly premature pre-orders.

Could anyone really take those kinds of representations seriously, except maybe metaphorically?   

 

[Spaceman_Spiff_Original]

https://www.epsilontheory.com/the-grifters-chapter-1-kodak/

They’re. Not. Even. Pretending. Anymore.

Who is “they”?

On the corporate-grift side, it’s Kodak Chairman and CEO Jim Continenza (SEC CIK 0001197594), who picked up about 3 million shares and cheap options over the past year. It’s Kodak board member George Karfunkel (SEC CIK 0001085765), of the private equity and banking Zyskind-Karfunkel family, with his 6.4 million shares. It’s Kodak board member Philippe Katz (SEC CIK 0001579836), who owns about 4.3 million shares through at least five shell companies.

Who is “they”?

On the government-grift side, it’s Donald Trump, who gets a press conference and a talking point.

It’s Commerce Secretary Wilbur Ross and Secretary of State Mike Pompeo, who sit on the DFC board of directors and approved this deal, each pocketing a favor.

It’s Larry Kudlow, University of Rochester alum and friend of Kodak, who pockets a BIG favor.

It’s Adam Boehler, 41 year-old CEO of the DFC, who cements a lucrative career once his government “service” is complete.

etc good stuff

interesting

[cAPSLOCK]

I understand that sometimes some forum members do not want to share too many of their buy/sell point specific details because it could screw up their plan if others end up front-running their various buy/sell BTC price points in the even their plan gets too much publicity or further adoption.

You ever buy a Ledger?

[cAPSLOCK]

Still.. we need a little more volume action, I think.

[Dorodha]

#bitcoin halving cycle - Can you find this week's move to $11k?



Twitter post: https://twitter.com/ChartsBtc/status/1288855126623412229



Twitter post with bitcoin halving cycle already crossed $11,144 trending on the make useful bitcoin world. now waiting for $13,200 next point trader are ready for created new bitcoin.

[bitebits]

You ever buy a Ledger?

https://twitter.com/Ledger/status/1288452973811703810

@Ledger

Our data show that 1M email addresses and 9500 detailed personal information leaked.

[...]

https://twitter.com/trezor/status/1288463431750885383

@Trezor

Fact of the day:
After 90 days, we get rid of all sensitive data about your order in our e-shop database (even e-mail addresses).

[...]

[xhomerx10]

https://www.epsilontheory.com/the-grifters-chapter-1-kodak/

They’re. Not. Even. Pretending. Anymore.

Who is “they”?

On the corporate-grift side, it’s Kodak Chairman and CEO Jim Continenza (SEC CIK 0001197594), who picked up about 3 million shares and cheap options over the past year. It’s Kodak board member George Karfunkel (SEC CIK 0001085765), of the private equity and banking Zyskind-Karfunkel family, with his 6.4 million shares. It’s Kodak board member Philippe Katz (SEC CIK 0001579836), who owns about 4.3 million shares through at least five shell companies.

Who is “they”?

On the government-grift side, it’s Donald Trump, who gets a press conference and a talking point.

It’s Commerce Secretary Wilbur Ross and Secretary of State Mike Pompeo, who sit on the DFC board of directors and approved this deal, each pocketing a favor.

It’s Larry Kudlow, University of Rochester alum and friend of Kodak, who pockets a BIG favor.

It’s Adam Boehler, 41 year-old CEO of the DFC, who cements a lucrative career once his government “service” is complete.

etc good stuff

 I'm surprised that 600watt isn't named there.  His opsec must be spot on.

[OutOfMemory]

You ever buy a Ledger?

https://twitter.com/Ledger/status/1288452973811703810

@Ledger

Our data show that 1M email addresses and 9500 detailed personal information leaked.

[...]

https://twitter.com/trezor/status/1288463431750885383

@Trezor

Fact of the day:
After 90 days, we get rid of all sensitive data about your order in our e-shop database (even e-mail addresses).

[...]

https://gdpr-info.eu/art-17-gdpr/

The "right to erasure". I'd take advantage of that, but many non-EU citizens might not be aware about it and a good amount of EU citizens, too.

[El duderino_]

When 12 o’clock ??

[Indymoney]

When 12 o’clock ??

Surely in August 

[Last of the V8s]

eth dragging us up. need eth to 'invest' in defi
defi is not the scam we want but it's the scam that will drive this bull, just like ico's last time
shrug

[infofront]

Good morning Bitcoinland.

Still consolidating around $11k after this week's jump up to 5 digits... currently $10986USD/$14747CAD (Bitcoinaverage).

Almost time to start moving up again.

Go Bitcoin go.

*Develop a strategy now and do not deviate*

Best strategy: Don't sell unless absolutely necessary.

Buy whenever possible and hold.

Resist the temptation to waste your bitcoins by buying fiat currencies just because the price went up. Be strong.

Do not deviate.

My original plan was to sell about 50% for fiat, and put it into a traditional retirement portfolio (stocks, etc.) for income. I've been doubting the long term viability of that, especially over the last several months.

Aside from trying to avoid the inevitable post-bubble crash, I'm more seriously considering keeping a higher percentage of BTC in BTC.

I realized that its possible to live mostly on BTC, at least in America.
https://99bitcoins.com/bitcoin/who-accepts/
https://www.hotcars.com/car-companies-accept-bitcoin/

There are some companies on here that I didn't realize take BTC. I'm pretty sure between using some of these companies, services like gyft.com, and a BTC-funded debit card for other incidental expenses, one could  easily come close to living entirely on bitcoin. Fiat would really only be absolutely necessary for most real estate purchases, and taxes.

eth dragging us up. need eth to 'invest' in defi
defi is not the scam we want but it's the scam that will drive this bull, just like ico's last time
shrug

That's what it's looking like.

[BobLawblaw]

https://twitter.com/whale_alert/status/1288939733868056577

[JayJuanGee]

https://twitter.com/excellion/status/1288648927399485440?s=21


hookerslamboblow.gif
moon.gif

whatever the forces are that make bitcoins price explode in the slow motion pattern we are experiencing, I find it hard to answer the question where will it ever stop? I have the gut feeling that there is no limit. where is the point of saturation? where will be an equilibrium reached between the new truly digital money and the rotting fiat system?
on the other hand, looking at the log chart price history it does appear to flatten out in the future. why is it flattening?

100k is indeed ridiculous. and so was 100 before.

Personally, I believe that the larger the market cap, the more likely bitcoin curve (and price) is going to be flattening out...

Pretty likely that it will start to flatten out somewhat in the $10million to $100 million range.

Why don't you an d some of your rich buddies test it out to try to prove me wrong?  

I dare you.  I double dare you.  I will bet you a whole bitcoin.   

[LFC_Bitcoin]

eth dragging us up. need eth to 'invest' in defi
defi is not the scam we want but it's the scam that will drive this bull, just like ico's last time
shrug

Fuck it, whatever lines our pockets.

[JayJuanGee]

  I am a simple man with absolutely no need for "Lambos",cannot afford the years taken off my life due to any drug habits, and don't want hookers.

....

I suppose that sounds boring.

Yes.... it does..

You are absolutely

NO

FUN!!!!!!!!

 

[vapourminer]

Sucks to be me.. so many BTC emotional roller coasters..   

isnt that part of what we signed up for?  [...]

Fair enough... you party poop.

I was largely just emoticating for funzies... and for exaggeration purposes.

I mean if you look at the contents of my earlier post.  I was saying that based on recent BTC price rises, I had pre-ordered hookers, lambos and blow, but then after reading OutOfMemory's negative nancy price prediction post, I had to go through the efforts of cancelling my seemingly premature pre-orders.

Could anyone really take those kinds of representations seriously, except maybe metaphorically?   

i knew you were exaggerating, i answered in a general way more for some of the new peeps here.

and admit it.. youre hooked on the rollarcoaster like the rest of us. my crack habit was easy to kick. this? NEVER

[serveria.com]

  I am a simple man with absolutely no need for "Lambos",cannot afford the years taken off my life due to any drug habits, and don't want hookers.

....

I suppose that sounds boring.

My rusty pipe is ready... 

[serveria.com]

Are we resuming THE PUMP?