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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336660 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. (170 posts by 1 users with 9 merit deleted.)
JayJuanGee
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November 18, 2020, 06:51:31 AM
Last edit: November 18, 2020, 07:19:59 AM by JayJuanGee

Wut? Memes only on weekends? Bots take the weekend off? So much for "automatically". LOL

Bots only take time off when they are updating their algo...

Don't you know nuttin?

 Roll Eyes Roll Eyes


In 2017, a couple of friends asked me how to get into crypto. I told them "not crypto, Bitcoin!" They said it was too expensive, and bought Ripple and Lumen instead. They pumped, my friends ended up with 10x their initial investment. I told them "sell them NOW and buy Bitcoin!" They didn't listen to me.

Yesterday, I was chatting with one of them, and casually mentioned that Bitcoin is pumping and we'll soon reach ATH and beyond. He was not so happy. He changed the subject...


I always find "but I don't have enough money to invest in bitcoin, they're over $xxxxx each" to be the most common response when I tell folk to avoid shitcoins. At which point, I consider them to be beyond help and change the conversation to something else.

FTFY...

The odds of $xxxx is becoming lower and lower with each passing day.. seems to me..   seeming almost like a snowball's chance in hell... but hey, there is still a chance.

Even though the 208-week moving average still barely above $7k.

And back to 16,300 territory. Nice to see there is a bit of support at these levels, so when it gets to 18k will people be posting double vegattas?

Almost completely forgot about that historical character of bitcoin...


my how time flies!!!!

@Schuldensuehner
#Bitcoin  has decoupled from Gold. While the yellow metal has dropped after Moderna vaccine news, digital Gold (Bitcoin) continues to move higher.
https://twitter.com/schuldensuehner/status/1328336746904481792?s=21


Never was "coupled."

Zoom out a wee bit.. and you will see the reality that the "coupled" story is just a made up fantasy..that some peeps would like you to believe for either their own dumb-ass gullibility or their own attempt to spin fantasies to others.
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November 18, 2020, 07:15:11 AM
Merited by Paashaas (1), rdbase (1)

ATH this week?

it feels only a fingertip away.



this is my official pumping song right now

Pata Pata which means receive receive

https://www.youtube.com/watch?v=lNeP3hrm__k


edit: how to integrate a youtube video here?


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November 18, 2020, 07:18:14 AM
Merited by BobLawblaw (2), Paashaas (1)


afbeeldingen gratis

😂😂😂
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November 18, 2020, 07:28:09 AM
Last edit: November 18, 2020, 08:06:49 AM by JayJuanGee

Hi WO_gang again,

The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.

It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come.

But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit.

It is not my financial advice.

4 years: 2017 to 2020

In 2017 and 2020

That is only three years, the last time that I measured.. even if there are four lines being shown.

Go figure??

Bossian is hovering his cursor over send button (LFC 0.05BTC bet) ...  Grin

Yeah... right..  Roll Eyes Roll Eyes
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November 18, 2020, 07:38:02 AM



The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.




That is only three years, the last time that I measured.. even if there are four lines being shown.

Go figure??

Note that one line is incomplete, as is one year.

2016 should be included, for better comparison of the 4 year cycles.
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November 18, 2020, 07:52:31 AM

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November 18, 2020, 07:57:06 AM

Hello again, 18000 my old friend!
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November 18, 2020, 07:59:47 AM

Hello again, 18000 my old friend!

Goodmorning Explorer how are you doing?

While asleep (woke up on the dinner table, blaming the Whiskey, lol)  the prise rose to $18,500 followed with a nice $1,400 dump and back to $18,000.

Bitcoin is a beast not to play with, i wonder how many people getting rekt.

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November 18, 2020, 08:00:48 AM
Merited by BobLawblaw (2), Syke (1)

oh yeah, double Vegeta and all that shit.  Roll Eyes
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November 18, 2020, 08:07:38 AM
Merited by JayJuanGee (1), Paashaas (1), friends1980 (1)

As you likely realize, I made my comment about the unforkening of the various forks, and the teaming up idea as a kind of ironic joke..  [...]  Anyhow, it is merely just an interesting thought experiment for me to be suggesting for the various bcash forks or the shitcoins to team up.

LOL, yes.  It is a fun mental image:  The fork coins melting back together, and becoming whole again.  Too bad for the forkers, some processes are one-way.

Cryptographic hashing, conception, birth, death...  Whoops!  The patsies for the fork coins deluded themselves into believing that they conceived and birthed something new.  But all they did was to kill themselves.  (Of course, some of the scammers running these forks probably knew exactly what they were doing all along...)

surely the various fucktwats in the bitcoin forks or the bcash forks or even projects like ethereum and other shitcoins are not going to team up... part of the reason for their various projects is to print money and another reason is to scam people into thinking that there is some kind of value in the various "technical innovations" that whatever shitcoin supposedly provides to the "crypto" (whatever the fuck that is?) space.

I myself distinguish between pure SCAMS that try to steal the Bitcoin name, and altcoins that try to make a name for themselves.  I am no fan of Ethereum, but I absolutely wouldn’t bin Vitalik together with Jihan Wu, Roger Ver, Calvin Ayre, Faketoshi, and the lot of lying forkers.

Despite my ironical “cult”, I am not religious about the matter.  If someone could make a currency that beats Bitcoin on the merits, so much the better!  Superiority should win—I am in Bitcoin because it is the best overall.

Regarding jbreher... I had not known that there was a thread about him.. He's got his own thread. Wow... not really flattering but, still..

To clarify a potential ambiguity:  He got only one anonymous post in that 2017 thread.  Poor bear!  I had to make him a thread all by my lil selfie, after he tried to muddy the waters with some obfuscatory noise in the Anastasia thread.
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November 18, 2020, 08:09:09 AM
Merited by Paashaas (1)

Hello again, 18000 my old friend!

Goodmorning Explorer how are you doing?

While asleep (woke up on the dinner table, blaming the Whiskey, lol)  the prise rose to $18,500 followed with a nice $1,400 dump and back to $18,000.

Bitcoin is a beast not to play with, i wonder how many people getting rekt.



Wonderful!  My favorite season! Plenty of time to sleep in 2022.  I will probably relax a little around 35k.

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November 18, 2020, 08:13:27 AM
Merited by JimboToronto (1), Hueristic (1), LFC_Bitcoin (1)

everyone dreaming of yaay 20k per coin yaay ATH next week, while i here sit broke and laugh at the sheer idiocracy that i have to witness Cheesy. Well, give brains to some and money to me is my Quote.Damn i miss the folks from 2010-13 that i met on this Forum, true Legendarys unlike.. This... whatever it is Cheesy

Dammn you Mt. Gox you suck balls really hard ! All we got left now is trash


P.S They got Electrolytes


R.I.P 2010-2013 You will be missed !

You only have yourself to blame, if you failed and refused to continue to invest in BTC after you got your money taken in MTGOX...

 Roll Eyes Roll Eyes

Even if you may have only been able to afford $10 per week, you could have had a decent amount of coins by now.. even with a modest budget...

According to DCA website, you would have more than 4.5 bitcoins... which is surely not nothing.. and only would have invested $3,660.


In other words, stop your whining, and look in the mirror..
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November 18, 2020, 08:13:49 AM
Last edit: November 18, 2020, 01:43:09 PM by ivomm
Merited by vapourminer (1), Paashaas (1), somac. (1), Toxic2040 (1), HairyMaclairy (1), Heater (1)

Although I see some weak-hands-whiplash during the night, now we are back above $18K. I still can't believe that so soon after the mostly bearish 3 years we are here - well above the 2x line. I mean for someone with 115% savings into BTC, it was quite exhausting to check the price over and over again and see that it either can't hold $8K, or even makes endless barts around $6.4K.

And that night in 2018 when we fell to $3.1K. Geez! I couldn't sleep well thinking from where I can get more  fiat to buy the dip. Back then the banks didn't offer big loans with good interest, or at least I didn't know about it. So I'd drained my two credit cards, although the interest of the missing sum was 14% per year. I was 30% below my average investment price. I remember when I went to the supermarket I didn't buy some expensive food, because I was so depressed. I continued to DCA until I decided to take a small loan with 4.9% yearly interest in early March. I had the opportunity to take 5x bigger sum, but I decided to wait in case some crash follows. So I've bought between $9K and $7.7K. Then the most dramatic crash I've witnessed happened. But this time I was so used to crashes, that I said to myself: meh, if this price holds for several months I will go to the bank for the new loan. But now I don't want to risk getting covid infection.

So I continued to DCA and in the summer an unexpectedly big profit in gpu mining allowed me to get even more BTC's. I know it is best not to sell anything untill 200K, but... because of my belief in Bitcoin, I took a bigger risk with these loans. So, I've decided to sell these coins, they weren't mine after all. Thus the bank will get from me several hundred bucks, while I get from it several tens of thousands  Cheesy It is time for me to close the loans, replace the damaged hardware and to learn how to hodl in exponential growths. Man, this is harder than I thought! 30K, 50K, 100K, ... how I will resist the temptation to sell too much too early, I don't know. The problem is that I have only one dream - a big luxury house or a villa at some paradise beach/island. No more greasy streets, dull life and stupid bosses and people around me! I just need to summon all my mental powers so that this change will cost me like 1/5th of my stash one day, when we are well above 100K.
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November 18, 2020, 08:24:01 AM

Imagine the (monster) pump when they start hyping corn again.

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November 18, 2020, 08:27:12 AM

Good idea to pay back some loans if you can.

Man, this is harder than I thought! 30K, 50K, 100K, ... how I will resist the temptation to sell too much too early, I don't know.

Here is my suggestion - say to yourself - "it will take 10 years for the world to catch on to this Bitcoin thing, so I will hold my coins for 10 years before I sell any, otherwise I'm selling too early".

i.e. set a time target, not a price target.

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November 18, 2020, 08:54:21 AM
Merited by cAPSLOCK (2), JayJuanGee (1), Torque (1)

Imagine the (monster) pump when they start hyping corn again.


This is not a pump for ants. This is actually not our pump. This is our financial enemies' pump: they want us to sell our coins on the exchanges because they need moar. Don't sell. HOLD
Remember how stupid the human brain is: people remember the bitcoin pump in 2017 they saw it then crashed and that is all that they remember. Don't sell. HOLD
The big guys are mostly trading OTC since a while now, we don't even see those volumes (MicroStrategy, Grayscale and family don't buy on coinbase or gemini). Don't sell. HOLD

I know it's tempting, I know for some who have more than 10BTC it feels great to take some deserved profit but I am openly talking to those who made it through times and who see the big picture (even if their stash is small). Don't sell. HOLD

I shouldn't be using negatives, hence the substitutions while I was writing!
HOLD
Go orange friend go!
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November 18, 2020, 08:56:46 AM

We also tied the 15000 + record which is 11 days set
in dec 2017 tied now

2020-11-06  15,570.    2017-12-21  16,033
2020-11-07  15,076.    2017-12-20  16,724
2020-11-08  15,255.    2017-12-19  17,986
2020-11-09  15,364.    2017-12-18  18,634
2020-11-10  15,325.    2017-12-17  19,110
2020-11-11  15,562.    2017-12-16  18,430
2020-11-12  15,939.    2017-12-15  17,334
2020-11-13  16,279     2017-12-14  16,351
2020-11-14  15,982     2017-12-13  16,434
2020-11-15  15,972     2017-12-12  16,854
2020-11-16  16,409     2017-12-11  16,293


so if we close at 15000 plus on the 17 we will have 2 records set and be going after the 41 day record over 12500 sec in dec 2017 to jan 2018

I will try to find out one more record the longest 10,000+ streak


I believe it was pointed out by Jay before that 2020-11-11 is 15,652. 2020-11-15 is also 15,979.

That is correct about my pointing out 11/11...  Here's the post.


"
2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562 15,652
2020-11-12 ??

note pulled info from here

https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

I have armchair diagnosed "dyslexia" in you, Phillip, yet since I am such a "nice" guy (unlike dat udder wordy man), I FTFY, above.....

 Cheesy Cheesy Cheesy
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November 18, 2020, 08:58:09 AM

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November 18, 2020, 09:01:01 AM
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Looking at the chart makes me feel that I have a Dejavu.

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November 18, 2020, 09:14:41 AM

I know it's tempting, ... it feels great to take some deserved profit but ...

What about those who want to take profit in bitcoins?



At the nadir of the November 2018 bear mauling, I was so stonily ignoring the market that I didn’t even know how bad the crash was until someone in my personal life, who does not know that I have any Bitcoin,* casually mentioned to me some headline news so that we could share some sneers at all those idiots with their Internet money.

* Privacy!

So, why would I pay attention now?  Sell!? Spend bitcoins to buy toilet paper!?  LOL.  I just checked the ticker, and the Bitcoin price has not changed at all!  1 BTC is still worth 1 BTC.  I can check fifty times per day, or per hour, or per minute—it still says, 1 BTC!

  • Bear market:  Shrug.  Sigh.  OK, I will try to eat less for awhile—because spending hurts.
  • Bull market:  Shrug.  Smile.  OK, prices are lower now!  Wow, my expenses are getting so much cheaper...
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