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

[mmitech]

I want to remind most of you here that it is not your fucking problem what I do with my money or what I think about any investment...it is still my point of view and I don't want to hear that I am being "foolish"... period.

I hear ya. It's one thing to disagree with someone's position but another to try and convince them they're "wrong". I hope you have a great two years off if that's your plan.

If you are posting your position, thoughts, etc on a public forum then you should expect people to disagree, convince you that you're wrong and tell you what an idiot you are. Hi I'm Nightowlace allow me to be the first to welcome you to the internet. It's tough out here kid, you're gonna need to man up and get yourself a thick skin.

nice one "Kid", I have 2 other kids of my own so I don't need a third one to tell me how internet works

[aminorex]

monkey is inclined to close his short but not inclined to reverse as previously anticipated.  monkey would frankly rather lend short-term in the swaps market right now.  i think SR auction has finally shown itself in the daily chart enough so that monkey is reacting.

personally, i am trying to do as little damage in the btcusd market as possible, focusing on xmrbtc on the crypto side.  i respect the monkeys views on usdjpy, slv, long bonds, russell 2k, s&p 500, which are mostly of the apocalyptic, risk-off variety  - he clearly thinks this is a turn on a daily chart time scale, and i find it hard to argue against these views on a fundamental basis.

[ChartBuddy]

Explanation

[Nightowlace]

Lol @ mmitech who insulted me after every bearish of mine and asked me what the fuck i am doing here if i don´t believe in bitcoin. Now he says he doesn´t give a fuck about the technology and that he has sold most of his stuff because he thinks that it probably goes down. Talking bout hypocrisy

MMITECH IS DEFINITELY THE BIGGEST TROLL


He might have turned into a bear due to the full moon last week? Bulls be careful, it could also happen to you!

you are the biggest troll, I Still believe in my investment,  and I didn't sell most of my coins but half of them, also this is called risk management (not that most of bitcoiners here agree but whatever) no matter how sure sometimes you think you are, things can still go wrong... we all want the price to go up and I will be so happy when it does but if it goes down I will say "shit that was close and good I had a plan B".

but some blind fools here refuse to understand a really simple logic I am following, it doesn't matter if you don't agree, we all have the right to have our own opinions... but there are some lines we tend to not cross.

You have a position, great so does everyone else. You posted your position. Obviously you were looking for some kind of validation or so you could look back and say see I was right. Some people didn't agree, big deal get over it.

[aminorex]

Ain't nobody getting any style points for the whinging.

You may not want to hear it, but a substantial LTC position at this point is kinda self-destructive, and anybody who yanks your chain on the topic is doing you a favor.

Feel free to aspire to a brilliant contrarian move, hey.  But if you are a contrarian you have to be prepared to suck up some ridicule, and much argument, often well-meaning.

I've been called worse than foolish.  Sometimes I was right, sometimes I was wrong.  What matters is not what names you are called, but why you are called those names.
  

[magicmexican]

Kinda ironic that a bunch of traders turns out to be a such sensitive group of people.

And still not having fonzie on ignore, just mind blowing actually

[mmitech]

Ain't nobody getting any style points for the whinging.

You may not want to hear it, but a substantial LTC position at this point is kinda self-destructive, and anybody who yanks your chain on the topic is doing you a favor.

Feel free to aspire to a brilliant contrarian move, hey.  But if you are a contrarian you have to be prepared to suck up some ridicule, and much argument, often well-meaning.

I've been called worse than foolish.  Sometimes I was right, sometimes I was wrong.  What matters is not what names you are called, but why you are called those names.
  

you know, most Bitcoiners start crying when money is not going toward their investment (well into Bitcoin), Litecoin investors are doing the same with Darkcoin and  many other coins.... and as I recall Bitcoin is crashing for more than 6 months and only about now it rebounced, now each one of you is yelling CCMF, I say when Litecoin is going to the floor it is time to buy and remain silent for a couple of months.

we don't know if Bitcoin will go up (neither Litecoin), we just tend to compare present trend to the historical bubble chart and we say "yes the price will be Y and Z", and the argument is "it worked before so it has to work now" well I am doing the same with Litecoin. not that I know this is right or if it will even work, the same with Bitcoin, we dont know we just hope.

remember, there are more than 12 Million Bitcoin out there, a 60K dump on all exchanges combined will bring the price to 0, the user adoption has slowed down, well almost stopped. so I feel a precaution is needed.

otherwise if you own 100 Bitcoins which will make you rich in 6 months then 50 will make you the same in 1 year "following the continuously Bitcoin growth myth" the other 50 BTC worth in fiat in your account gives you some kind of assurance

[Krabby]

I'm down to clown with LTC as well, I refuse to sell my stake.

[adamstgBit]

...   a substantial LTC position at this point is kinda self-destructive, and anybody who yanks your chain on the topic is doing you a favor.

agreed,
at most take a small speculative position in the top 3 alts.
but its almost like kissing your BTC and even USD profits goodbye in the long term...

nothing better then a long term BTC position, if google makes there own crypto or some 100Million VC money gose into make the perfect coin, you can use some of your bitcoins to buy that hype coin of the year.

bitcoin all the way!

[alani123]

Kinda ironic that a bunch of traders turns out to be a such sensitive group of people.

And still not having fonzie on ignore, just mind blowing actually

To be honest, some text lines posted in a forum can't really hurt nobody. If people put value on the words that come out of the mouth of someone like fronzie, that's when the problems start. People just need to relax and stop taking trolling seriously. Feeding the trolls is where some of us go wrong here.

[Richy_T]

If you are posting your position, thoughts, etc on a public forum then you should expect people to disagree, convince you that you're wrong and tell you what an idiot you are. Hi I'm Nightowlace allow me to be the first to welcome you to the internet. It's tough out here kid, you're gonna need to man up and get yourself a thick skin.

There's bound to be some of that but in this case, I think it was taken a little bit far.

[gentlemand]

I assume the majority taking an LTC position are counting on that LTC/BTC ratio to head skywards and little else. It may not be very sexy, but it's still well established and liquid which is more than can be said for almost all other alts. There may be a few surprises left in it.

[dnaleor]

Sold some silver for BTC today, very happy

[abercrombie]

Need more Bitcoin.

Wondering if I should sell my ex-girlfriend's old jewelry she gave me as collateral toward a Laptop back in 2010.

She never paid me back, and I haven't heard from her in years.

Or just keep it since it's gold.

[adamstgBit]

Need more Bitcoin.

Wondering if I should sell my ex-girlfriend's old jewelry she gave me as collateral toward a Laptop back in 2010.

She never paid me back, and I haven't heard from her in years.

Or just keep it since it's gold.

buy BTC with it, and buy your next gf 10 gold jewelry things next year 

[madmat]

Need more Bitcoin.

Wondering if I should sell my ex-girlfriend's old jewelry she gave me as collateral toward a Laptop back in 2010.

She never paid me back, and I haven't heard from her in years.

Or just keep it since it's gold.

Sell the gold, buy bitcoin and use it or hodl.

[hodlmybtc]

If you just had sold the gold for BTC in 2010

But yeah, sell, hold and be happy in 1-2-3 years.

[ChartBuddy]

Explanation

[Richy_T]

If you just had sold the gold for BTC in 2010

But yeah, sell, hold and be happy in 1-2-3 years.

Just hope it's not plate.

[madmat]

If you just had sold the gold for BTC in 2010

But yeah, sell, hold and be happy in 1-2-3 years.

Just hope it's not plate.

who cares, it is the collateral for a laptop. $1000 of gold or $1000 of plate is the same.