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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23428829 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. (148 posts by 37 users deleted.)
criptix
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February 02, 2018, 03:00:30 AM

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Reply with quote  #2

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bones261
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February 02, 2018, 03:04:19 AM

Vowing to myself not look at my phone at 3:00 am tonight, like I did last night. Setting up a few bids in case it goes lower while I sleep. Although it would be nice to get back some of my BTC that I let go, earlier; it will be nicer to see a monumental rebound. Maybe a deep dip followed by the mother of all rebounds would be ideal.  Grin That's probably hoping for too much though.
HI-TEC99
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February 02, 2018, 03:08:40 AM
Merited by bones261 (2)

Vowing to myself not look at my phone at 3:00 am tonight, like I did last night. Setting up a few bids in case it goes lower while I sleep. Although it would be nice to get back some of my BTC that I let go, earlier; it will be nicer to see a monumental rebound. Maybe a deep dip followed by the mother of all rebounds would be ideal.  Grin That's probably hoping for too much though.

Don't let Bitcoin force you into checking it all the time. You will get no sleep or work done.


JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 02, 2018, 03:47:15 AM

Yeah kind of..
Have a very small stash.

Sold the trading stash. Don't have the balls i guess.
Im expecting a bounce at the current level.Just gave up on it.A small rally once the selling pressure subsides.
Opted to put in buys the way down. Hoping atleast the 7500 fills.
Bounce @8900
Bounce @7500
Bounce @5500

I don't mean to be calling you names, but it just does not seem to be a good strategy to play like that - which I mean is selling at about 55% retracement.. and the practice should not be different whether you are holding a lot or holding a little, and probably the most convincing mistake is that either you had not sold enough earlier or you had invested too much (even if it is a small amount)... but yeah, it is understandable that each of us have to do what ends up being comfortable for us... and hopefully learn how to improve our methods so we don't do the opposite of what would be a better practice (buying on the way down - or worse case scenario, just HODLing)
JayJuanGee
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February 02, 2018, 03:51:10 AM
Last edit: February 02, 2018, 04:06:37 AM by JayJuanGee

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.


Step away from the ledge, RF.... Don't do it!!!!!!   Don't do it!!!!
User705
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February 02, 2018, 04:04:00 AM

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.
What “this” are you referring to and what “end” are you talking about?  It’s like gibberish.
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February 02, 2018, 04:42:21 AM

Wealth transferred, mission accomplished. Absolute savagery. Why I ever thought this would end in anything other than tears I'll never know.
What “this” are you referring to and what “end” are you talking about?  It’s like gibberish.

People going crazy because the line of a chart shows an unexpected alteration. Better to stay in bed for them if this worries.

I'm also not sure how people think they can predict the bitcoin future price, there's too much rubble at the moment to see clearly. It's like black friday all day for over two months, and some people bought too much stuff and are now selling that same stuff below price because they need food instead. That impulsive period of buying isn't where you should focus all your analysis if trying to make an estimate Tongue
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February 02, 2018, 04:50:13 AM

Last from ML (Google translate)
Quote from: Masterluc
1. Volumes fall, the subwave overlaps
2. A counter-trend continuation pattern is formed (flag)
3. Flashcross 50% for a month there are only bear traps. The present bloating is slow and painful
4. Weekly ma20 is not broken (by closing) for the time being
5. Did not climb into the zone of the previous wave ~ 7700

The situation and the truth is strange, but I'm still convinced that this is not a long blowoff.
Apekool
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February 02, 2018, 04:51:04 AM

For that same reason websites like WalletInvestor are extremely dangerous to believe in. If a future prediction is based on a very short period of extremity, then of course the prediction will follow that line of thought. It leaves however out of account the wider context, for example that this period is also the period where many new investors came and just invested in anything they could get their hands on. If one takes into account only the things that fit a certain point of view, then it's pretty useless to listen to, because that point of view itself is predictable. Great thinking.
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February 02, 2018, 04:51:21 AM

That flat line at 8750 looks like something out of mtgox
Paashaas
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February 02, 2018, 04:52:09 AM

This is a good entry point to scoop up extra cheap coins.

We'll never see this low again Kiss
PoolMinor
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February 02, 2018, 04:58:43 AM

This is a good entry point to scoop up extra cheap coins.

We'll never see this low again Kiss

quoted for posterity
Biro Bob
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February 02, 2018, 05:01:24 AM
Merited by RoomBot (2), Last of the V8s (1)


...


Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!

** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?
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February 02, 2018, 05:01:53 AM

This is a good entry point to scoop up extra cheap coins.

We'll never see this low again Kiss


To be honest I think that bitcoin will eventually become the coin where people talk about like "haha oh I still have that", while checking their offline wallet after some time. It already passed it's practical use when the transaction fees became absurd (fill in your own number), because as soon as a transaction rate exceeds that of a regular bank, why using bitcoin? People are holding bitcoin for the price fluctuation and for the forks, and currently it's the point of entry into the market for everyone. However as soon as there is a digital currency that is adopted by both government and community, I believe there will be a major capital shift towards that. It however doesn't looks like that is going to happen soon, except for maybe in China with NEO/GAS, assuming the rumors are true.
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February 02, 2018, 05:02:27 AM

This is a good entry point to scoop up extra cheap coins.

We'll never see this low again Kiss


flash crash now or later? :-D $1337 weee

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February 02, 2018, 05:03:09 AM

Don’t know if any of you used to play Everquest and remember Temple of Veeshan.  If so, this seems appropriate today.

https://youtu.be/9AcAxGE-8ag

PS anyone believing in a China coin is getting scammed by the Chinese govt.  Large portions of the Chinese govt are run for profit - and that’s not your profit.  Chinese govt officials quite happy to play along with scams. 
Enjel
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February 02, 2018, 05:03:36 AM

That flat line at 8750 looks like something out of mtgox

Just curious - what is your prediction? I remembered you were very bearish a few weeks ago, but now you're not calling "big crash" like some are.
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February 02, 2018, 05:12:44 AM

as soon as a transaction rate exceeds that of a regular bank, why using bitcoin?
Because you can send them to any address you like. Try doing that with banks, Visa etc.
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February 02, 2018, 05:14:57 AM

That flat line at 8750 looks like something out of mtgox

If so it seems to provide the desired effect, people are stacking on that wall and it is steadily growing (also outward/forward). I'm only checking Binance btw.
bones261
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February 02, 2018, 05:26:07 AM


Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!

** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?

There are some users who are designated as sources. So they keep getting sMerit to hand out. I guess you just need to figure out who those people are and get on their good side.
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