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

[NiceSoft12]

Wow Bitcoin Pizza fork is coming up. This whole crypto currency thing will become the laughing stock of the world one day if these kinds of shenanigans continue!

How can people take Doggy coin seriously? and yet it's price has skyrocketed....

[TERA2]

I pumped Dogecoin, and it followed a historical TA pattern

[NiceSoft12]

I should get a group of investors to make a Bitcoin Donut fork!

[JayJuanGee]

There, I sold .01BTC. That should make this down trend reverse.

Same feeling here. I need to sell something for price to go up again.

Seems crazy as fuck to see guys in this thread doing the exact opposite of what they should be doing.. .


Crazy


Fuck

Each of us, reading this thread, should realize that we buy on the way down and sell on the way up, not the opposite.

Helrow??

[flynn]

sorry, that is the code block to uninstall the offending updates

Thank you for this btw. With MS, the more you remove the best it is, BUT I would keep Microsoft Security Essentials ...

[NiceSoft12]

I pumped Dogecoin, and it followed a historical TA pattern

I think dogecoin is successful for the fact that it creates laughter in the investor

I told a friend about dogecoin and he said why is it called that. I said after dogs, for real, and he cracked up for a bit.

[Searing]

Wow Bitcoin Pizza fork is coming up. This whole crypto currency thing will become the laughing stock of the world one day if these kinds of shenanigans continue!

How can people take Doggy coin seriously? and yet it's price has skyrocketed....

Well, in the USA if they want to put a 'crimp' into BTC...all they have to do is declare this 'air-dropped' fork paper profits value as "income'

like mining got taxed...the IRS really, really does not like $$$ falling out of the sky.....

the odds are 1 out of 20 out of such a senario....but could you imagine being a BTC whale with 1,000 coins ..told that at 280 USD when

BCH hit the world as a fork, (I think that was the BCH price on launch) you owe the IRS from your 2009 onwards hoard about $280,000.00

USD. Pay up!

Last I saw 22 forks of Bitcoin so far...and now I hear forks of Bitcoin Cash.


Again, just saying, if the powers that be, really wanted to crimp/slow down crypto....the IRS ruling on this like crypto mining would be a drag.

[explorer]

What will happen is once it reaches 8000 or 5500, suddenly everyone in the forum will be calling $1K and the death of bitcoin, but I will be there saying.. "no idiots were about have a bounce to $13K", and viola, suddenly I'm a bull.  Though as usual I'll be the person on the forum receiving the most flak.

Yet knowing what to expect by now, you still share your insights, which is appreciated. (by some)

[TERA2]

Someone warned me about Dogecoin that it wasn't a good idea because the underlying meme was not popular anymore... but it didn't matter - all the altcoins were getting pumped and the coin still had an active community.

[Arriemoller]

I pumped Dogecoin, and it followed a historical TA pattern

I think dogecoin is successful for the fact that it creates laughter in the investor

I told a friend about dogecoin and he said why is it called that. I said after dogs, for real, and he cracked up for a bit.

I think that's a bit discriminating against Kittehcoin.

https://coinmarketcap.com/currencies/kittehcoin/

[AlcoHoDL]

I pumped Dogecoin, and it followed a historical TA pattern

I think dogecoin is successful for the fact that it creates laughter in the investor

I told a friend about dogecoin and he said why is it called that. I said after dogs, for real, and he cracked up for a bit.

The good thing with DOGE is that it is (soon "was") so cheap that it's easy to mega-pump it and spike the price. A relative bought several thousand DOGE coins a few months ago, just for fun, and now he's laughing. He's keeping them and hopes to become rich from them in the coming years.

[ivomm]

It is funny to see every time there is a dip, the trolls be like: I put buy offers at 8000 and 1000. Wow, some noob with 0.01 BTC may fall for that and sell   The enemies of BTC failed miserably in their attempt to sabotage BTC hodlers. Even at 14K the gain is 1400% for a year!!! Whatever they do, there will be only 21 mil BTC by 2040 (currently 80% are mined), so good luck with the bear plans!

[TERA2]

It is funny to see every time there is a dip, the trolls be like: I put buy offers at 8000 and 1000. Wow, some noob with 0.01 BTC may fall for that and sell   The enemies of BTC failed miserably in their attempt to sabotage BTC hodlers. Even at 14K the gain is 1400% for a year!!!

In 2014 there were flash liquidation events on both btce and finex and thousands of coins were sold at $100 before rapidly bouncing back to $650

[JayJuanGee]

It’s correction time and the FUDsters have their glorious moment again. The realist sees Bitcoin well over $10k, better infrastructure than ever and still a negative stand by most ‘experts’. That means the umpteenth obituary of Bitcoin and new ATHs in 2018.

Honey Badger does not care.

I think this picture sums it all up of all the crybabies sobbing about the price going down now

I’m just annoyed I might have to hodl my day tard account for a couple of days.

What you doing? 

You trying to predict or time the market?


Just buy as it goes down and sell as it goes up.

Did run out of money?

You don't want to buy too much too soon or sell too much too soon, so you have to always have enough in reserve for worst case scenarios, no matter how bearish or bullish that they may seem.

Right now, we are in fairly "normal" territory.

We had a 43% correction from $19,666 to $11,160, and we remain almost in the middle of that correction... sure the price could go in either direction, and if we are not gambling too heavily, we have been bouncing in this area for a while, which should be quite profitable, no?

Even with about $1,000 spreads, I have experienced a lot of action in these up and down movements... price goes up, sell... price goes down, buy.... etc etc etc... maybe tweak a bit, here and there.. but pattern seems to continue, no?

[AlcoHoDL]

It is funny to see every time there is a dip, the trolls be like: I put buy offers at 8000 and 1000. Wow, some noob with 0.01 BTC may fall for that and sell   The enemies of BTC failed miserably in their attempt to sabotage BTC hodlers. Even at 14K the gain is 1400% for a year!!!

This year's BTC gains have been spectacular, there's no doubt about that! Even if it drops to $5k, it's still the absolute best investment many of us have ever made in our entire lives. It's just that the last few months we were "spoiled" by the rise and expected it to keep rising, so we don't like the dips/corrections.

But, as always, the Honey BTCadger don't care...

[NiceSoft12]

Some cringe worthy coins since we're talking about alts:

HunterCoin, europecoin, HollyWoodCoin, trickycoin, sportscoin, quebecoin, rabbitcoin, sand coin, gaycoin, magiccoin, santa coin, braincoin, ponzicoin, doesn't end....

[JayJuanGee]

If I was a real bear, I wouldn't have those buy orders and I'd just leave for a different market. The faith that btc will inevitably bounce after hitting those lows and the fact that I will hodl half of those coins indefinitely makes me part bull - Just not an irrationally exuberant one. You guys need me when the shit hits the fan.

We need TeraBeara - because she is like the getting sick that makes us stronger (so long as she doesn't kill us), and she is not a real bear, either.. just a teddy bear that wants to snugglie wugglie with "normal" bitcoiners.   

[Wekkel]

Forks are not a bug but a feature.

[JayJuanGee]

[edited out]

Many thanks JJG, for the thorough reply, which I enjoyed reading. I appreciate the time and effort you spent in composing it. Just for the record, I enjoy reading your posts, and don't mind at all that you "overanalyse" things, as you're frequently being accused of. I also tend to overanalyse things in real life, because I believe that more information is always helpful, even if it is sometimes redundant. To those who say "silence is gold", I reply "silence is death".

Probably, I could not help myself, anyhow.  My years participating in this thread, and other bitcoin talk threads have helped me to figure out and to tweak some of my own strategies, and also sometimes helped me to consider better ways to frame the situation.  Remains a work in progress, too, and probably a lot of us will become smarter about bitcoin and smarter about our own thoughts when we attempt to interact, rather than to merely read passively about the topic.  hahahaa...   WO thread   - aka bitcoin university.

[luckygenough56]

It is funny to see every time there is a dip, the trolls be like: I put buy offers at 8000 and 1000. Wow, some noob with 0.01 BTC may fall for that and sell   The enemies of BTC failed miserably in their attempt to sabotage BTC hodlers. Even at 14K the gain is 1400% for a year!!!

In 2014 there were flash liquidation events on both btce and finex and thousands of coins were sold at $100 before rapidly bouncing back to $650

I remember very well about that 100 dollars. Not long before there was a guy who sold 30k at 300 dollars.

Those were wonderful bear times.

That would imply btc hard bottom is 2000 but no way we're going that low, LN seems too close.