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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26386920 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.)
El duderino_
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December 01, 2020, 11:49:30 AM
Merited by o_e_l_e_o (2)

Well, it was fun watching today's All Time High, caught it a few dollars short of the actual:



Happy to be here at the WO to do it.


Since I started typing this the price dropped to $19450 $18933 briefly, so we are all poor again. Shit.

El duderino_
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December 01, 2020, 11:54:16 AM

It is a weird feeling to be upset about corn being stuck between 19 and 19.5... we're spoiled.



I feel this way about Monero. $130?!?! WTF man!

I feel sorry for a lot of Monero brother who I hope the best for !!!

But privacy coins overal are doing not so good  Undecided
d_eddie
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December 01, 2020, 11:56:41 AM

OMG I just realized how much my timing sucked  Grin
I *really* managed to stop watching the price every hour.
I guess it showed.


Stop checking the price!
Bleak pandemic winter...
Hooked with her again



#haiku

5
6 Tongue
5

I'm losing my touch.
Fixing it immediately!
Thanks for noticing.



#haiku
JayJuanGee
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December 01, 2020, 12:05:30 PM
Last edit: December 01, 2020, 12:19:47 PM by JayJuanGee

Bernstein suggest a 1.5-10% allocation. It's starting to turn into a stampede for BTC.

Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios.

Very similar to the recommendation levels that I have been making since about early 2015 - and I suppose it is not really rocket science to come up with those similar ideas about allocation numbers for beginners.

Although they don't seem to go into details regarding what an investor should do if their allocation starts at the top of the recommended range, do they reallocate out of BTC or do they let it ride.

Many times traditional investment firms are going to suggest that investors should attempt to maintain their allocations to the levels that they originally authorized, so in the case of bitcoin, there would be a selling from time to time to rebalance to the original amounts, while I believe that a better approach is to let bitcoin ride.. maybe NOT completely, but at least allow it to become a larger percentage of the allocation once it has outperformed the others,,.. but hey theories are going to vary on reallocation ideas and whether reallocation is prudent.

You are going too fast for me. With you, I mean all of you plus corn.
 Grin

Well, buckle up bud.



That is the BIG question, Cryptotourist, and I believe that such question has not been answered yet.

Recall that 2013 had two up movements - with a pretty decently sized correction in the middle that lasted about 5 months..... and 2017 had more of a gradual and continuous slope all the way up.. even though quite a bit of drama on the way up towards the end of 2017.

Resemblance to 2013 or 2017... ?   Or will the price performance slope play out somewhat differently from either of those?  I have my doubts about being able to really have confidence in knowing which kind of price performance slope will play out, in advance.  Sure we can have theories.. but confidence and certainty? that would require explanations in order to inspire confidences.

New ATH! I could just hit my self in the face. While ETH was at $300 I was thinking to buy some with fiat I have on the bank. I was lazy. Now it´s at $600 and I am moving my fiat to Bitstamp lol. Still sure ETH will see 1200 and more soon. Dont worry I am heavily invested in Bitcoin.

Yes,,, this is reason to worry about you...,   Do you even know where you are at?

There is no need to give any fucks about ETH in these here parts...

Fuck that shit.

I feel this way about Monero. $130?!?! WTF man!

soullyG
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December 01, 2020, 12:10:45 PM
Merited by JayJuanGee (1)

Micro Strategy used Coinbase for their multi-million dollar purchase!

Quote
In Tuesday’s announcement, Coinbase outlined three reasons why MicroStrategy chose the San Francisco-based exchange: the firm’s smart order routing, trading algorithms and white-glove service. Coinbase also said it had been involved in several pre-trade calls with the firm during the onboarding process and was asked to conduct a small “test trade.”

The test trade assessed data gathered from Coinbase and was analyzed by the exchange’s OTC and Coverage teams. When an optimal pace to minimize market impact was decided upon and successfully executed, Coinbase received a green light from MicroStrategy to proceed with the “larger investment.”

Following the test, Coinbase executed real-time trades using the time-weighted average price algorithm – a strategy that takes into account the average price of an asset over a specified time to minimize market impact.

“Our system takes a single large order and breaks it into many small pieces that are executed across multiple trading venues,” Coinbase said via email. “The trading team achieved an average execution price that was less than the price at which buying started.”
https://www.coindesk.com/microstrategy-used-coinbase-for-massive-bitcoin-purchase
JayJuanGee
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December 01, 2020, 12:25:33 PM

I feel for mindrust too. Jokes and memes aside, it's not a good situation to be in. I hope he's secretly bought at least one piece of corn,

I am pretty sure that he bought back 1 BTC... so hopefully the secret is that he bought back more, but he was dabbling in shitcoins and some other bullshit.. so he may have gotten distracted.

and has not yet transformed into a r0ach-like entity due to bitterness and hatred.

He was already exhibiting the early stages of those behaviors.. Sure, not full blown roach, but a mini-variation.

As for Bossian, it's easy to talk, but tough to act. It's $1000 we're talking about. He'd better pay up, or NEVER set foot in WO. Ever. Fucking stupid, dishonest joker.

ditto
serveria.com
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December 01, 2020, 12:28:23 PM

You are going too fast for me. With you, I mean all of you plus corn.
 Grin

Well, buckle up bud.



2021 is 2013 on steroids...  Cool
AlcoHoDL
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December 01, 2020, 12:32:42 PM

It's $1000 we're talking about.

Give it another 3 months.

Oh yeah... Poor Bossian...

BTW, what just happened? Is Bitcoin dead?
Wexlike
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December 01, 2020, 12:35:08 PM

dump after eth2 beaconchain genesis block haha
BitcoinBunny
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December 01, 2020, 12:35:46 PM

So volatile this range 18500 - 20K.  Roll Eyes
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December 01, 2020, 12:36:09 PM

If I'm looking at it correctly, we've got a new ATH on multiple exchanges!

Coinbase, Binance, Biftfinex and Bitstamp so far, hopefully more to come soon.

Yep we saw $19918 on Bitstamp. Wondering if we see $20k this year ....  Roll Eyes

Dunno I'm not wondering it's clear as day, it's inevitable.. Shocked
serveria.com
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December 01, 2020, 12:38:46 PM

Guys can you please wait 3 more days! Bank transfer is sooo fucking slow and I want to buy moar before we moon.

Moon? This isn't moon man... we're going to Jupiter this time or Uranus... Cool
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what is this "brake pedal" you speak of?


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December 01, 2020, 12:39:38 PM

Fuck you I’m nothing like you my helicopter will be pink

Shit, now I gotta redesign the T-shirts

Make mine with nipple flaps please

wait. we have to wear clothing to the helicopter party?
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December 01, 2020, 12:40:25 PM

Well, it was fun watching today's All Time High, caught it a few dollars short of the actual:



Happy to be here at the WO to do it.


Since I started typing this the price dropped to $19450 $18933 briefly, so we are all poor again. Shit.



Finally... Grin
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December 01, 2020, 12:41:23 PM

I feel sorry for Mindrust, he made himself legendary by selling during the Covid crash at $4000. Price rebounded practically to a new ATH and lost a fortune.

This fail will hunt him for the rest of his live.

Hope he bought some BTC back and start posting here again.
vapourminer
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what is this "brake pedal" you speak of?


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December 01, 2020, 12:47:00 PM
Last edit: December 01, 2020, 01:07:37 PM by vapourminer

Stop checking the price!
Bleak pandemic winter...
Hooked with her again
#haiku

5
6 Tongue
5

2:40 errr 4:20 *cough* Grin
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December 01, 2020, 12:50:43 PM

I feel sorry for Mindrust, he made himself legendary by selling during the Covid crash at $4000. Price rebounded practically to a new ATH and lost a fortune.

This fail will hunt him for the rest of his live.

Hope he bought some BTC back and start posting here again.

Yeah poor Mindrust... but pain and misery is still ahead for the poor guy... blowoff top in November-December 2021!  Cool
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December 01, 2020, 12:53:05 PM

Where's our lil miss Bossian? He doesn't deserve to be called a man as he can't keep his word like a man does...  Cool
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December 01, 2020, 12:54:07 PM

Late to the party
And late for the haiku too.
Real life happenings.

Bitcoin seems drunk again today. Probably just leveraged longs getting squeezed out. Expecting 20k anytime soon but strangely unexcited by the prospect. 20k seems so low now.

Good times ahead brethren.
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December 01, 2020, 01:02:32 PM

noooooo not that waaaayyy. the other waaaaaaayyyyyyy
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