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

[the artful bodger]

damn
we're almost down to the parabolic-er-er-er line set by the low on the 22nd
I guess parabolic-er-er-er-er is postponed for now

You mean our bitcoins are only worth what they were five days ago?

Tragic!

It's game over.

Re-testing December 5th levels.

Bitcorn is truly and surely dead this time.

I knew it was over when there was that news event and then that thing happened.

Should I panic sell all my coins at the bottom?

[BlindMayorBitcorn]

With this BTC drop, I'm considering it might be more prudent to postpone retirement until Q2 or Q3 2018  

((( They ))) ain't getting my coins cheap.

Fuckers.

Jimbo might have to postpone his trip to Mexico.

I am not postponing shit.  I still think that we are 3x to 4x above where any of us could have reasonably expected us to be within this same time period, even 6 months ago.... What is a little correction in the whole scheme of things?  We be lookin good, no?

At 19000 I could have retired. At 13000 I can't even buy a cat.

Who would want a cat, anyhow?  A cat will eat your corpse, but a dog, on the other hand, will be very sad upon your passing.

O.k.  Let me try to be somewhat serious here.

You should not be retiring on your bitcoin proceeds anyhow, unless you have a bit of a cushion. That cushion can be created by cashing out or just merely considering extreme downside possibilities.

Remember that we were $1k at the beginning of 2017, and yeah we could go back there, but it does not seem to fucking likely.  Therefore, extreme corrections are not too likely to bring us below $3k.  So these days, if you are planning to retire, in part, based on your bitcoin value appreciation, yet without diversifying out of it, then you gotta be prepared for $3k and therefore, still be comfortable measuring your BTC value at $3k per coin.  Personally, I am o.k. with that, and that is why I said that I am not postponing shit.. because I find it quite improbable that we are going to have any lengthy time below $3k, if at all.

So, I guess I am saying that we gots to keep in mind cushion when making these kinds of decisions. 

I got carried away. Being rich was kind of a hoot.

[Icygreen]

Bitcoin goes down while the least suspected alts go up. What surprise? Start with FOMO, end with FUD, and repeat.
But really, the whole price psychology has little effect on hodlers who are in it because they believe in what it will become.  We're still in infancy I think where whales are able to move markets at whim. Competition will come and coins will eventually distribute. This is neither the last or the greatest bull run or bear market BTC will see before we arrive at adoption. I'm not even counting on a return to $'s but a value once the petrol dollar finally goes tits up and coin value is based on real world use.  That's the dream, right guyz?
    

[TERA2]

People would not accept the program. Entire crops of bitcorn were lost.

[JayJuanGee]

Go forth and Q1 it!!!!!

 Oh I'm still planning on it, believe me.

 Just more irritated with all this holiday volatility.

 Makes me grumpy, damnit.

 If BTC drops below $10k by mid February 2018, I'll be really, REALLY FUCKING GRUMPY.

You gotta fix your grumpiness a bit, maybe cash out a bit of bitcoin will help?

Of course, I am largely a BTC HODLer and ACCUMULATor, so yeah, I am also much better off financially with higher BTC price - yet, it still seems quite normal that we are in a kind of correction that could possibly have another leg down, and such down legs are within normal BTC price movements. 

I personally think that further correction below $10k at this time is beyond expectations - yet we also know that there are peeps with a lot of finances out there who might be able to manipulate lower prices and to cause such extreme downward momentum in order to shake weak hands - does not seem unusual to me that we even have extremes that go beyond expectations.   but still remains a BTFD situation, whether it goes below $13k or $12k or $11k, $10k, $8k or $6k... ...

Of course, the further down, the more difficult it becomes to achieve absent some really decent FUD or actual catastrophe.

I will start to get anxious below $8k, and I am not even expecting below $11k at most in this particular correction... but what the fuuuuuuu do I know?

[bones261]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include 1000 sat per byte   fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

[BlindMayorBitcorn]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

Dumping on Finex is important. You will want to sell for as little as possible.

[RoomBot]

[JayJuanGee]

Hi, new to the thread. Could you guys give me an opinion?

Have a little XRP, around 1k. What are you thoughts on moving to BTC now? Enjoying the BTC low and XRP high to try to buy it back later on?

Thanks!

Makes hardly no sense to be asking about what the fuck to do with your banker coin in this thread.


The vast majority of thread participants herein would have never bought such a stupid dumbass centralized manipulated coin, and even if they did, they would not have hung onto it nearly as long as you have, because it would have largely been considered to be like a hot potato.. so maybe you are trolling here, no?  There is only one fucking correct answer that you should expect, so why ask?

Sell the fucking thing. and/or get the fuck out of here.

"stupid dumbass centralized manipulated coin"

The biggest "stupid dumbass" I see is the one who believes there is any coin that isn't a shitcoin and/or a "centralized manipulated coin".

Dumbass.

Speak for yourself, silver, gold, pm pumper.      You are so dumb that you cannot even figure out how to find a proper thread for your posts.   

It's a nice touch that you cannot tell realr0ach != roach_lost.

This is worth the nested quote, which I hope you someday are able to understand and enjoy, "dumbass".

Whatever....       I gonna lump all you troll-stupid-asses together, because there is no use wasting any time or efforts in order to make any kind of meaningful attempt to distinguish, gold from silver from PM, or to figure out whether they be the same, different or something else because they are all fucking irrelevant to the trials, tribulations and happenings in bitcoinlandia, which happens to be the realm of the topic of this thread, which you are diverting with your nonsensical attempts to be meaningful within the scheme of things.   



AND



YOU


ARE



NOT!!!!!!!

[bones261]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

Dumping on Finex is important. You will want to sell for as little as possible.

Actually, the best way to dispose of your BTC is send them all to Bitmex and go 100x margin.  Long or short, doesn't matter. Make sure to hold out until you are liquidated.

[jojo69]

Should I panic sell all my coins at the bottom?

too late

[the artful bodger]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

Dumping on Finex is important. You will want to sell for as little as possible.

I tried taking your advice but the bastards at bitfinex won't let me create an account. They say they are overloaded with retards trying to register and don't want any more free money from them for now.

[BlindMayorBitcorn]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

Dumping on Finex is important. You will want to sell for as little as possible.

Actually, the best way to dispose of your BTC is send them all to Bitmex and go 100x margin.  Long or short, doesn't matter. Make sure to hold out until you are liquidated.

Pft. Just Martingale that shit.

[JayJuanGee]

damn

we're almost down to the parabolic-er-er-er line set by the low on the 22nd

I guess parabolic-er-er-er-er is postponed for now

Hey Jojo69... I believe that around $5k, you had said that you were trading around $1k intervals, and now?  $2k intervals or larger?  I wonder?  I am kind of wondering if I am catching up to you, or at least getting closer.

Currently, I have about $1k intervals and about $2k spreads, if you know what I am saying?  I am feeling really good with where I am currently.

[somac.]

It seems like it's been constant disappointment this whole holidays. Fucking Bitcoin going down, and still going down, all time low of bitcoin dominance. And, now fucking Ripple, of all the alts, pumping like there will be no end. I mean the price going up in a straight near vertical line for the last week, for Christs sake. That shit shouldn't be sustainable, but there has been no dump yet. What is going on, I feel like I'm on the crazy pills.  

[jojo69]

next resistance I see is around 12900, that would be the fore mentioned P3ER line

[JayJuanGee]

Bitcoin goes down while the least suspected alts go up. What surprise? Start with FOMO, end with FUD, and repeat.
But really, the whole price psychology has little effect on hodlers who are in it because they believe in what it will become.  We're still in infancy I think where whales are able to move markets at whim. Competition will come and coins will eventually distribute. This is neither the last or the greatest bull run or bear market BTC will see before we arrive at adoption. I'm not even counting on a return to $'s but a value once the petrol dollar finally goes tits up and coin value is based on real world use.  That's the dream, right guyz?
    

On the one hand, I agree with you, but on the other hand, who fucking cares?


hahahhaha


a bit of a contradiction there.

Before you get your panties in a ruffle, Icygreen, let me back up my premise with we would need to have fucking well over $100 trillion BTC market cap before what you are saying makes sense.

That is about a 400x price increase from our current status.

Sure it could happen, but we have a long fucking way to get there.

We had a 78x increase in the past 2years, and yeah, that is all fine and dandy - but we are not quite yet sustained at that 78x increase because we have a bit of a dip here. 


Maybe what I am saying that there is not really a problem to keep that kind of end goal in mind, but we are a long fucking way from getting there and we should be attempting to enjoy the journey along the way... and also there is likely to be a lot more ups and downs and ups and downs before we squeeze another 400x plus price appreciation out of this bad boy, no?

Sure, it is possible that such 400x plus price appreciation is closer than I think and I am being too much of a negative Nancy, but I do think that we should be attempting to deal with more of the here and now (and does not hurt to have those BIGGER pictures in the back of our head), but the here and now.. .. is a long way from the aspiration that you paint, no?

[Icygreen]

Bitcoin goes down while the least suspected alts go up. What surprise? Start with FOMO, end with FUD, and repeat.
But really, the whole price psychology has little effect on hodlers who are in it because they believe in what it will become.  We're still in infancy I think where whales are able to move markets at whim. Competition will come and coins will eventually distribute. This is neither the last or the greatest bull run or bear market BTC will see before we arrive at adoption. I'm not even counting on a return to $'s but a value once the petrol dollar finally goes tits up and coin value is based on real world use.  That's the dream, right guyz?
    

On the one hand, I agree with you, but on the other hand, who fucking cares?


hahahhaha


a bit of a contradiction there.

Before you get your panties in a ruffle, Icygreen, let me back up my premise with we would need to have fucking well over $100 trillion BTC market cap before what you are saying makes sense.

That is about a 400x price increase from our current status.

Sure it could happen, but we have a long fucking way to get there.

We had a 78x increase in the past 2years, and yeah, that is all fine and dandy - but we are not quite yet sustained at that 78x increase because we have a bit of a dip here. 


Maybe what I am saying that there is not really a problem to keep that kind of end goal in mind, but we are a long fucking way from getting there and we should be attempting to enjoy the journey along the way... and also there is likely to be a lot more ups and downs and ups and downs before we squeeze another 400x plus price appreciation out of this bad boy, no?

Sure, it is possible that such 400x plus price appreciation is closer than I think and I am being too much of a negative Nancy, but I do think that we should be attempting to deal with more of the here and now (and does not hurt to have those BIGGER pictures in the back of our head), but the here and now.. .. is a long way from the aspiration that you paint, no?

Appreciate the thoughts.  Sure, we could be a long way off still but what's "long" 2 years, 3 or are we talking 20 years? Doubtful the latter.
Since I'm not as early in the adoption curve as many here, I still consider myself in the accumulation phase. I'm quite happy with my meager hodlings and selling is off the table almost completely at this time for me. It always looks like a fine idea in hindsight. Perhaps I'll join your trading trading strategy after another 20X and if that day never comes, well, I gave it my best for something I believed would change the world for the better.  For the earlies here who have "fuck you money" ya, who cares? Take your earnings and enjoy some life.
Enjoying life has always been my priority #1 , well before money and I know if the money slows or stops, I'll be just fine.
On that note, I've gotta go kitesurfing, getting windy! 

[jojo69]

WTF?

you guys ain't bid this back up yet?

[RoomBot]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

Dumping on Finex is important. You will want to sell for as little as possible.

I tried taking your advice but the bastards at bitfinex won't let me create an account. They say they are overloaded with retards trying to register and don't want any more free money from them for now.

ConBase txs, wire transfers and registration have been constipated for a few days too.

Can't get in. Can't get out.

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