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

[savetherainforest]

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out

That's great news LFC.  I am very glad to hear it.  When you create BTC orders (whether buy or sell) it really locks you into having to seriously think about the matter - and of course, you are not locked into retaining those orders, but at least you might hesitate before you tweak them too BIGGLY.

What I have tended to find (at least so far), is that the BTC price has had a considerable tendency to outrun my expectations, especially to the upside (but, of course, sometimes to the downside too, and accordingly through experience of going through the process of having had a lot of orders executed in both price directions, I have also come to a kind of experiential comfort level in how much to tweak the orders in either direction in order to really attempt to cause myself to feel hardly any emotions when orders get executed in either direction, but still fro time to time, I start to feel some emotions over nonsensical and seemingly relatively small amounts, and I will end up attempting to reflect upon the matter and to figure out some ways that I can tweak a wee bit more in one direction or another in order to attempt to bring myself back to a greater state of emotional neutrality.

Another thing is that I am not going to lie that sometimes I get a bit excited about BTC orders filling in one direction or another because for some reason when the price starts to get within a very close dollar amount to filling, then I want it to fill because it had come so much distance to get to that price point that I want that fucking order to fill.. and then after it fills, then I can relax, even though it is NOT even a big deal in the whole scheme of things if it fills or not, there is just a bit of a desire for the BTC order to fill, once the BTC price starts getting really close to the trigger point that I had created whenever I had set the order.. which could have been hours ago, days ago, weeks ago, or even several months earlier.

By the way, if you have considered your matter and you believe that if you still retain 25% of your coins (or maybe a bit more than 25% of your coins) by the time the BTC price reaches $250k (presuming that it gets there), then I personally believe that is too small of a quantity of BTC and you seem to be considering buying back rather than really ONLY cashing out what you need.. but whatever, you gotta do whatever you believe to be comfortable.. Maybe I am reading you wrong, and you are suggesting more that no matter what that you are planning NOT to go below 25%, but I still think that might be a bit too low.. and is kind of hinging on a gambling mentality, valuing wealth in dollars too greatly and maybe even failing/refusing to think through the ramifications of such conceptualizations that you likely do not need to cash out so many bitcoins in order to really achieve your various personal financial objectives, and maybe even seriously considering whether your setting your BTC retention floor at 35% or 40% might NOT still achieve your same (or very damned similar objectives).. but surely in the end, those are choices for you to make for yourself. and I have found, personally, that there comes a point that you could create your sell orders in such a way that you are largely preserving principle in a kind of percentage way because you are largely ONLY cashing out a portion in which the BTC appreciates in value between your sell orders and so in that regard, you are never really selling any principle (sure depends upon how you conceptualize and frame the matter in terms of what is principle and what is BTC appreciation, but I would still assert that there may well be ways to evolve into a kind of maintenance way of cashing out BTC that does not really deplete its value in great ways nor devolve you into a kind of gambler mentality with an attempt to retain ongoing (and a kind of "perpetual") value with your BTC investment.

I'm glad to see you got your energy levels back!

[lightfoot]

I'm just waiting for BBQcoin to make a comeback. It's due.

Namecoin is going to supersede DNS any day now...

Man, that brings back memories. What ever happened to Eligius and those "shelved shares"?

[Poker Player]

Yes you are completely right, I was on a shit reporting drive and mixed up your avatar with that other Bitvest participant Indymoney god dammit shame on me! Hope my publicly apologizing here (+per PM) is sufficient to you, it won't happen again!

As @friends1980 says, I have received apologies from him both publicly and privately.

Apology accepted and I have removed you from my ignore list.

For me this solves the problem.

[Biodom]

I'm just waiting for BBQcoin to make a comeback. It's due.

Namecoin is going to supersede DNS any day now...

Man, that brings back memories. What ever happened to Eligius and those "shelved shares"?

Those were major screw-up people with 90-92% mining efficiency, lol
Who knows where the other 5 or more % went.

[JayJuanGee]

I hate to say this but trying to ignore shitcoins is like wandering in the forest and pretending there are no trees.
Shitcoinery goes with the territory. No sense in getting annoyed about it.
It is what it is.

The GOAT gets #7. Unreal.


GO BITCOIN

Well, each of us probably have our ways of dealing with various facts of life, and sure there might be some of us who are ignoring shitcoins and ignoring trees - but that does not really seem to capture what is going on in these here parts in regards to shitcoins.. and a preference NOT to ignore shitcoins does not mean that they are or should be a proper topic of this thread. 

Your other juxtaposition of "NOT getting annoyed" seems to be taking away a useful weapon.  Why take away weapons?  You fuck (no homo).   

Furthermore, expressing hostility towards shitcoins does not necessarily signify that any emotion is involved or that there is some kinds of loss in rationality in such interactions of the topic of shitcoins, and surely, it seems to me that frequently some degree of hostility needs to be directed towards shitcoins regularly and ongoingly (In other words, when in doubt, denigrate a shitcoin or two), especially in this thread and especially when it seems to be quite off-topic to be wanting to discuss the various shitcoin happenings on a regular basis but some dweeb members are ongoingly trying to make a connection in this thread or to show sympathy and/or failing to properly denigrate that crap.. which should be a thread requisite.

Oh.. let's just feel all warm and fuzzy towards shitcoins...


NOT!!!!!!

 

[600watt]

Why every time I come here shitcoins are being discussed on WO? Is it some kind of a trend? 

It's bull season. It's always been like this. Pump / Uppity --> Trollery / Shitcoinery.

It's fun, just enjoy it. We all know who's going to be the last one laughing.

what you are describing is right. but i also think it is kind of sad to see the lack of discipline. shitcoinery shits e v e r y w h e r e  in the "crypto-space"  it is like the smell of a rotten corpse, a regular maxi cannot get used to this stinky mess.

is it really asked to much to spare the WO with this bullshit? why do the folks that bring it in here not bringing it where it belongs? to the shitcoin threads. because no one is listening there? that should tell you something.

[600watt]

Yes you are completely right, I was on a shit reporting drive and mixed up your avatar with that other Bitvest participant Indymoney god dammit shame on me! Hope my publicly apologizing here (+per PM) is sufficient to you, it won't happen again!

I know these feelings, i constantly mix up messages and messengers when names are involved. But this is a different story.

Maybe unrelated:

The following statements might not be directly connected, but the emotional quality of most discussions has changed quite much in here, and it has a certain time based correlation with

THE PANDEMIC

It's that Covid shit fucking us and our lives all up. Slowly, but constantly. I experience this every day now, in some form or another. In family, society, friends, politics...
Yesterday i was watching a movie, people were close distanced, no masks, and it was the first time it all appeared fucking unnatural to me, before i realized that this pandemic life slowly becomes "normal life". This is a manifestation of the whole virus situation and social approaches to solve it slowly fucking us over, just because we were never meant to life our lives like that. We are actually slowly degrading as humans.
I feel the sentiment in WO slowly changing too, precisely since the start of this global shitshow. We don't even talk about it any more in here, and it's not because it's off topic, because dozens of things we talk about each week are OT as well. Many former active members have slowly gone quieter and quieter.

This is the crisis. This is our test as individuals, as family members, as communities, for society.

Either we evolve and handle the situation with care and foresight, or we just give in to the primal instincts of our genetic ancestors.

What would YOU prefer?

We're at WO are a minority, tied together by our dedication to BTC, Satoshi Nakamoto's present to us.
We should stand together as strong as we hodl, regardless if we think all other's opinion is worth some mushy shit or not.
Together we're sitting in this train which is going to the moon, so let's get our shit together and ENJOY IT, because for many of us it might be one of the last things we will be able to enjoy anyway, at least for some more time. Most of the "fun" is even up to come, like the expected hit on global economy.
I could go on pathetically like this, but i just hope you all know what i mean, even if i look like a over-emotional clown to some of you right now.

Gentlemen!

out of merit, will do later.

it is a global crisis of a century. a natural disaster (well, scope-wise, not saying it did not escape from some lab) that affects all human beings on the planet. this virus is so contagious that every single human being on this planet will have to deal with it. you either get it because of infection or in form of a vaccine. the immune systems of all human beings must cope with it. no way around that. i know i rather wait for the vaccine. it is there, it just needs to get produced on scale and distributed.

in my opinion, without the internet, we would have all ran havoc by now. tech is saving us. (it is possible that tech also got us there, i dont know)

for bitcoiners it is very weird to see the world almost falling apart while bitcoin is getting so valuable. the whole world went in kind of forced hibernation. when covid winter is over, we will make it out of our caves. it will be beautiful to meet again. humankind will have a party. the little bonus for bitcoiners is the amount of financial independence they gained.

for some areas, like for example where i live, the darkest hours are yet to come. but the silver lining is clearly visible, and it is real.

we will pull through. this is the crisis, but we will make it. hodl bitcoin and stay healthy. the rewards are breathtaking.


edit: new ATH before February 14th. i take bets.

[Biodom]

Yes you are completely right, I was on a shit reporting drive and mixed up your avatar with that other Bitvest participant Indymoney god dammit shame on me! Hope my publicly apologizing here (+per PM) is sufficient to you, it won't happen again!

I know these feelings, i constantly mix up messages and messengers when names are involved. But this is a different story.

Maybe unrelated:

The following statements might not be directly connected, but the emotional quality of most discussions has changed quite much in here, and it has a certain time based correlation with

THE PANDEMIC

It's that Covid shit fucking us and our lives all up. Slowly, but constantly. I experience this every day now, in some form or another. In family, society, friends, politics...
Yesterday i was watching a movie, people were close distanced, no masks, and it was the first time it all appeared fucking unnatural to me, before i realized that this pandemic life slowly becomes "normal life". This is a manifestation of the whole virus situation and social approaches to solve it slowly fucking us over, just because we were never meant to life our lives like that. We are actually slowly degrading as humans.
I feel the sentiment in WO slowly changing too, precisely since the start of this global shitshow. We don't even talk about it any more in here, and it's not because it's off topic, because dozens of things we talk about each week are OT as well. Many former active members have slowly gone quieter and quieter.

This is the crisis. This is our test as individuals, as family members, as communities, for society.

Either we evolve and handle the situation with care and foresight, or we just give in to the primal instincts of our genetic ancestors.

What would YOU prefer?

We're at WO are a minority, tied together by our dedication to BTC, Satoshi Nakamoto's present to us.
We should stand together as strong as we hodl, regardless if we think all other's opinion is worth some mushy shit or not.
Together we're sitting in this train which is going to the moon, so let's get our shit together and ENJOY IT, because for many of us it might be one of the last things we will be able to enjoy anyway, at least for some more time. Most of the "fun" is even up to come, like the expected hit on global economy.
I could go on pathetically like this, but i just hope you all know what i mean, even if i look like a over-emotional clown to some of you right now.

Gentlemen!

out of merit, will do later.

it is a global crisis of a century. a natural disaster (well, scope-wise, not saying it did not escape from some lab) that affects all human beings on the planet. this virus is so contagious that every single human being on this planet will have to deal with it. you either get it because of infection or in form of a vaccine. the immune systems of all human beings must cope with it. no way around that. i know i rather wait for the vaccine. it is there, it just needs to get produced on scale and distributed.

in my opinion, without the internet, we would have all ran havoc by now. tech is saving us. (it is possible that tech also got us there, i dont know)

for bitcoiners it is very weird to see the world almost falling apart while bitcoin is getting so valuable. the whole world went in kind of forced hibernation. when covid winter is over, we will make it out of our caves. it will be beautiful to meet again. humankind will have a party. the little bonus for bitcoiners is the amount of financial independence they gained.

for some areas, like for example where i live, the darkest hours are yet to come. but the silver lining is clearly visible, and it is real.

we will pull through. this is the crisis, but we will make it. hodl bitcoin and stay healthy. the rewards are breathtaking.


edit: new ATH before February 14th. i take bets.

Could be tomorrow or Tue.
That said, there is a large increase in depression levels everywhere.
My coworkers (all working remotely) are reporting exhaustion.
This is what 10 mo of stress does to you. There is only this much adrenalin.
I am more concerned whether we basically going to normality only much later.
I already hear that we should still wear masks even AFTER getting vaccinated.
Well, maybe until most people are vaccinated as to not hurt their feelings of safety, but once >90% are done, f-k it, I would not wear a mask.
It would make no sense.

[AlcoHoDL]

Why every time I come here shitcoins are being discussed on WO? Is it some kind of a trend?  

It's bull season. It's always been like this. Pump / Uppity --> Trollery / Shitcoinery.

It's fun, just enjoy it. We all know who's going to be the last one laughing.

what you are describing is right. but i also think it is kind of sad to see the lack of discipline. shitcoinery shits e v e r y w h e r e  in the "crypto-space"  it is like the smell of a rotten corpse, a regular maxi cannot get used to this stinky mess.

is it really asked to much to spare the WO with this bullshit? why do the folks that bring it in here not bringing it where it belongs? to the shitcoin threads. because no one is listening there? that should tell you something.

I think WO has attained a high status over the many years of its existence, and everyone and their grandma wants to be part of it, or at least wants to post here, see the reactions, maybe get a couple of merits. Trolls crave attention, and WO serves as a playground for them. They come, dump their shit and wait for the smell to upset the residents.

We used to have BCH/BSV shills, who at least had something to say about things. We had r0ach who was not a shitcoiner, but a bitter Nazi nocoiner. I'm going to say this and you can hate me, but I liked r0ach's posts. It was fun to read his Jew-hating, Hitler-praising, PM-shilling nonsense. Like the crazy man in the village so to speak...

Then there was kwukduck & proudhon, the beartards. Again, fun to read and imagine who was really behind the keyboard. A whale having fun? A bitter mindrusted former coiner? Just a random someone with nothing better to do?

Currently I see the level of trollery and shitcoinery drop way below what it used to be. One could disagree with r0ach, but he could still defend his position with "evidence", no matter how nonsensical they were. Nowadays we just have what I call "kamikazi trolls", i.e., they come, drop a load of crap and leave.

Still, the trend remains, i.e., when we're in bull season there's increased troll activity. I wish this did not happen but it does. I just look at the price, enjoy the positive vibes, skip the bad troll posts, have some fun with the good ones. The beauty of WO is that it has achieved a way of self-moderation without some WO-policemen banning or removing posts constantly. Here there's total freedom, yet there is no chaos like in other threads. A kind of orderly anarchy. I like that.

Edit: Corrected typos.

[Cryptotourist]

It is annoying to you because you could not find a certain way to use them to stack Btc.

It's annoying because we're stuck in the middle with you.

You must be some kind of special moron philipma.
It's one thing telling us your portfolio - and another all together - shilling on the WO, day in - day out.

I get that.

I doubled down my shitcoin allocated BTC last month. This is the first time I mention this, and obviously the last.
Do you get that, or you're too much of a cunt?

I hate to say this but trying to ignore shitcoins is like wandering in the forest and pretending there are no trees.
Shitcoinery goes with the territory. No sense in getting annoyed about it.

Of course you would, but let's be clear.
It is philipma's constant manipulative shilling behavior/posts that is out of line in this thread.

BTW, there are no trees in the cryptoforest - it's just one tree surrounded by fungus - beneficial for both.

[AlcoHoDL]

[...]

BTW, there are no trees in the cryptoforest - it's just one tree surrounded by fungus - beneficial for both.

Epic comment!

[600watt]

Why every time I come here shitcoins are being discussed on WO? Is it some kind of a trend?  

It's bull season. It's always been like this. Pump / Uppity --> Trollery / Shitcoinery.

It's fun, just enjoy it. We all know who's going to be the last one laughing.

what you are describing is right. but i also think it is kind of sad to see the lack of discipline. shitcoinery shits e v e r y w h e r e  in the "crypto-space"  it is like the smell of a rotten corpse, a regular maxi cannot get used to this stinky mess.

is it really asked to much to spare the WO with this bullshit? why do the folks that bring it in here not bringing it where it belongs? to the shitcoin threads. because no one is listening there? that should tell you something.

I think WO has attained a high status over the many years of its existence, and everyone and their grandma wants to be part of it, or at least wants to post here, see the reactions, maybe get a couple of merits. Trolls crave attention, and WO serves as a playground for them. The come, dump their shit and wait for the smell to upset the residents.

We used to have BCH/BSV shills, who at least had something to say about things. We had r0ach who was not a shitcoiner, but a bitter Nazi nocoiner. I'm going to say this and you can hate me, but I liked r0ach's posts. It was fun to read his Jew-hating, Hitler-praising, PM-shilling nonsense. Like the crazy man in the village so to speak...

Then there was kwukduck & proudhon, the beartards. Again, fun to read and imagine who was really behind the keyboard. A whale having fun? A bitter mindrusted former coiner? Just a random someone with nothing better to do?

Currently I see the level of trollery and shitcoinery drop way below what it used to be. One could disagree with r0ach, but he could still defend his position with "evidence", no matter how nonsensical they were. Nowadays we just have what I call "kamikazi trolls", i.e., they come, drop a load of crap and leave.

Still, the trend remains, i.e., when we're in bull season there's increased troll activity. I wish this did not happen but it does. I just look at the price, enjoy the positive vibes, skip the bad troll posts, have some fun with the good ones. The beauty of WO is that it has achieved a way of self-moderation without some WO-policemen banning or removing posts constantly. Here there's total freedom, yet there is no chaos like in other threads. A kind of orderly anarchy. I like that.

excellent analysis. i dont agree with the nazi stuff, though.

[Hueristic]

I wonder why this got deleted?

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Just wanna share this with you guys...maybe...just maybe it will help calm my nerves down

I found what i consider a gem today, so i was in a hurry to buy some before more people discover it and the price begins to go up, being an erc-20 token and only listed on uniswap and 1inch, i needed eth and i had zero eth on my wallet, fortunately, i had about $163 usd in my local bank account so i immediately took out $150 usd to buy some eth, after successfully buying eth from a centralized exchange, i quickly withdrew it to my trust wallet, the exchange took about $22 usd for Ethereum transfer fees so i was left with about $128 usd when the eth hit my trust wallet.

i quickly headed to uniswap to purchase my precious new found ticket to the moon, with my $128 usd in eth, i could have easily purchase about 2000 of the tokens but due to eth high fees, i brought it down to 1000 tokens so as to enable have some eth left for fees but surprisingly, when i clicked on swap, i was told that i don't have enough eth to cover the transaction fees, how much was the fees??? behold ! $87 usd, i was shocked, i didn't want to buy less than 1000 tokens so i decided to adjust the fees, after adjusting, i was able to bring the fee down to $42 usd, i was warned that my transaction might take a very long time before confirmation o might even be cancelled, i took my shot and clicked the submit button.

so the wait began ...

1 hour -- i was still waiting for a confirmation

3 hours -- i was still waiting for a confirmation

4 hours -- i was still waiting

5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ?? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.

Oh shit this is the funniest post I've seen in years on this board, maybe I'll take you off ignore for awhile if you keep posting gold like this!

[Digithusiast]

Interesting date this Friday; 12022021

[Wekkel]

I wonder why this got deleted?

I guess we don't want to elicit elaborate stories about other coins' failures taking up valuable reading time.

Talking about reading, I stumbled upon this article: http://www.convexitymaven.com/images/Convexity_Maven_Wages_of_Fear.pdf

TL;DR -> money printing brrrr, good for Bitcoin 

[dieselmeister]

Interesting date this Friday; 12022021

*x-files-theme-playing*

[Arriemoller]

Interesting date this Friday; 12022021

Palindrome.

[friends1980]

I'm just waiting for BBQcoin to make a comeback. It's due.

Namecoin is going to supersede DNS any day now...

Man, that brings back memories. What ever happened to Eligius and those "shelved shares"?

Elections in Holland next month on the 17th of March. Looking at the polls, this may be the momentum Wilderscoin has been waiting for since 2017.

[Hueristic]

I wonder why this got deleted?

I guess we don't want to elicit elaborate stories about other coins' failures taking up valuable reading time.

Talking about reading, I stumbled upon this article: http://www.convexitymaven.com/images/Convexity_Maven_Wages_of_Fear.pdf

TL;DR -> money printing brrrr, good for Bitcoin 

I don't open pdf's, is it this?

https://climateerinvest.blogspot.com/2020/12/convexity-maven-wages-of-fear.html

[El duderino_]

https://bitcointalk.org/index.php?topic=375643.msg4024416#msg4024416

Not the worst it seems.