Bitcoin Forum
October 18, 2021, 07:10:25 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will the Bitcoin Futures ETF be approved in the U.S. on Oct. 18?
Yes - 44 (55%)
No - 20 (25%)
Maybe - 16 (20%)
Total Voters: 80

Pages: « 1 ... 19392 19393 19394 19395 19396 19397 19398 19399 19400 19401 19402 19403 19404 19405 19406 19407 19408 19409 19410 19411 19412 19413 19414 19415 19416 19417 19418 19419 19420 19421 19422 19423 19424 19425 19426 19427 19428 19429 19430 19431 19432 19433 19434 19435 19436 19437 19438 19439 19440 19441 [19442] 19443 19444 19445 19446 19447 19448 19449 19450 19451 19452 19453 19454 19455 19456 19457 19458 19459 19460 19461 19462 19463 19464 19465 19466 19467 19468 19469 19470 19471 19472 19473 19474 19475 19476 19477 19478 19479 19480 19481 19482 19483 19484 19485 19486 19487 19488 19489 19490 19491 19492 ... 29693 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25460214 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. (157 posts by 13+ users deleted.)
JayJuanGee
Legendary
*
Offline Offline

Activity: 2772
Merit: 4900


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 06, 2018, 08:50:26 PM

A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy?

P.S. I totally called it in this post:
I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.

So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.


Hahahahahaha

I usually harp on newbies for attempting to prematurely expect BTC "stability." 

Alright... I will hold back a tiny little bit on the harping part. because I don't want to end up in bitcointalk prison... however, I will assert (can't help myself) that one of the least likely scenarios that BTC going to enter into any time soon is a kind of semblance of meaningful "stability."

We have war going on out there, and even with an ICO and alt coin dump that was disproportionately more negative for non-bitcoin cryptos as compared with bitcoin, the alt crypto and ICO craze does not seem to be dying down any time soon.. which continues to contribute to craziness in the space, including bitcoin.

The most likely status that we are going to have in the near future remains:


ONGOING


CHAOS!!!!!!


(threw in a bit of color and drama, just for Bob)....


TLDR: Approximately, there is:
 1)  less than .026519% likelihood for stability any time in the next six months or longer   
2) 99.235411% chance for chaos and
3) .73807%  chance for other.    Cheesy Cheesy Cheesy   

With my total and completely scientific presentation of the subject, including specifics in my percentage presentations, even "other" has gotten "stability" beat by more than .71%.   Go figure.   hahahaha
1634541025
Hero Member
*
Offline Offline

Posts: 1634541025

View Profile Personal Message (Offline)

Ignore
1634541025
Reply with quote  #2

1634541025
Report to moderator
1634541025
Hero Member
*
Offline Offline

Posts: 1634541025

View Profile Personal Message (Offline)

Ignore
1634541025
Reply with quote  #2

1634541025
Report to moderator
1634541025
Hero Member
*
Offline Offline

Posts: 1634541025

View Profile Personal Message (Offline)

Ignore
1634541025
Reply with quote  #2

1634541025
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4386


Be a bank


View Profile
February 06, 2018, 08:50:53 PM
Merited by LFC_Bitcoin (1), gentlemand (1)

@BCAppelbaum
Sad photo of Wall Street traders reacting as stock market plunges.
kurious
Legendary
*
Offline Offline

Activity: 2492
Merit: 1604



View Profile
February 06, 2018, 08:51:35 PM

Trains and rockets? 

b..b...but I have prepared myself so well for buys all the way down, so I could feel smug!

I ain't cancelling them yet, but what a difference a green candle can make.

I hope DOOM is over...   But let's see. 
jbreher
Legendary
*
Offline Offline

Activity: 2912
Merit: 1515


lose: unfind ... loose: untight


View Profile
February 06, 2018, 08:56:42 PM

Maybe i’m Kinda curious off Some in here are actually selling / panicselling while writing things about Going to the moon and stuff ??

I did my selling in Dec.

cheers!
rafanadal
Member
**
Offline Offline

Activity: 373
Merit: 31


View Profile
February 06, 2018, 09:01:30 PM

Celebrating too early again?
Biodom
Legendary
*
Offline Offline

Activity: 2814
Merit: 2020



View Profile
February 06, 2018, 09:07:18 PM
Last edit: February 06, 2018, 11:51:11 PM by Biodom
Merited by marcus_of_augustus (25)

Maybe i’m Kinda curious off Some in here are actually selling / panicselling while writing things about Going to the moon and stuff ??

I did my selling in Dec.

cheers!

don't be so smug, you might regret it in due course.



EDIT: marcus_of_augustus....wow, thanks.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4386


Be a bank


View Profile
February 06, 2018, 09:08:58 PM

Celebrating too early again?
speaking again?
JayJuanGee
Legendary
*
Offline Offline

Activity: 2772
Merit: 4900


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 06, 2018, 09:11:16 PM

Celebrating too early again?

I don't see any meaningful signs of celebrating,... seems to be more of a relief, and decent chances that the bottom is in...

I think that many of us realize that prices have to get a decent distance above the bottom (which so far is $5920) before we can feel further assurances that the bottom is in for this overall correction....

Currently, I am going to begin to feel a decent level of comfort once the price goes above $10k, again (in the event that it does in the near future)
jojo69
Legendary
*
Offline Offline

Activity: 2240
Merit: 2912


1/21000000 , the only math you need to know


View Profile
February 06, 2018, 09:11:32 PM

GDAX interface right on the edge of shitting the bed
bitserve
Legendary
*
Offline Offline

Activity: 1540
Merit: 1286


Self made HODLER ✓


View Profile
February 06, 2018, 09:12:10 PM

A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy?

P.S. I totally called it in this post:
I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.

So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.

My theory is that when people need money, for whatever reason, they cash out from whatever they have. Thats why I think the people that believes PM's would be doing great in a "mad max scenario" are completely wrong. PM's would just be another useless shit to trade in vast quantities in exchange of really usefull/valuable stuff like food, firearms, tools, etc....

There's no such thing as uncorrelated assets. There are just valuable assets (depending on the situation) and useless shit to trade for the former.
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 2352
Merit: 1064


Bitcoin is antisemitic


View Profile
February 06, 2018, 09:14:28 PM

Trains and rockets? 

b..b...but I have prepared myself so well for buys all the way down, so I could feel smug!

I ain't cancelling them yet, but what a difference a green candle can make.

I hope DOOM is over...   But let's see. 

I'm already buying back a few of the coins that I dumped this morning at the exact absolute bottom, at a loss of more than 1K each, ouch!
At least now I have some dry powder in case they get cheaper again.

P.S. Good fake violating neatly the 61,8% retracement + the 200 SMA this morning. Nothing better to inspire terror.
gembitz
Hero Member
*****
Offline Offline

Activity: 1596
Merit: 568


*Brute force will solve any Bitcoin problem*


View Profile
February 06, 2018, 09:15:42 PM

Trains and rockets? 

b..b...but I have prepared myself so well for buys all the way down, so I could feel smug!

I ain't cancelling them yet, but what a difference a green candle can make.

I hope DOOM is over...   But let's see. 

$10,000 CLOSE  Cool //^lel
JayJuanGee
Legendary
*
Offline Offline

Activity: 2772
Merit: 4900


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 06, 2018, 09:16:53 PM

Trains and rockets?  

b..b...but I have prepared myself so well for buys all the way down, so I could feel smug!

I ain't cancelling them yet, but what a difference a green candle can make.

I hope DOOM is over...   But let's see.  

I'm already buying back a few of the coins that I dumped this morning at the exact absolute bottom, at a loss of more than 1K each, ouch!
At least now I have some dry powder in case they get cheaper again.

P.S. Good fake violating neatly the 61,8% retracement + the 200 SMA this morning. Nothing better to inspire terror.

Honey Badger no like rules.   Tongue  

Thanks for taking one for the team.   Kiss
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3696
Merit: 2087



View Profile
February 06, 2018, 09:18:25 PM

another short-covering, anemic, dead-cat bounce ... dump it.

the bear is here, prepare.
User705
Legendary
*
Offline Offline

Activity: 896
Merit: 1006


First 100% Liquid Stablecoin Backed by Gold


View Profile
February 06, 2018, 09:18:52 PM

Still feels like just traders on the exchanges.  And they will follow the trend blindly.  To put in a real bottom there needs to be some consolidation and sideways movement.  Once equilibrium is reached and both buyers and seller feel bitcoin is properly valued then it can continue its deflationary cycle by moving upward.  But days of being up 30% just don’t feel like a convincing long term bottom.
PaivanTreidi
Jr. Member
*
Offline Offline

Activity: 34
Merit: 8


View Profile
February 06, 2018, 09:19:07 PM

SMA 200 is roughly 8000. Would be weird if we are below it for long. Bitcoin is very weird though.
SidETH
Member
**
Offline Offline

Activity: 116
Merit: 20


View Profile
February 06, 2018, 09:23:21 PM

Educate me if you want: what is considered 'in the green' and 'being safe'?

Multiple days of continuous growth?
Reaching $8500?
High volumes?

Because last Saturday I was getting excited, only to get real again this morning.
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 2352
Merit: 1064


Bitcoin is antisemitic


View Profile
February 06, 2018, 09:26:02 PM

Educate me if you want: what is considered 'in the green' and 'being safe'?

For me to stop falling would be good enough.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4386


Be a bank


View Profile
February 06, 2018, 09:26:41 PM

+1 WO merit ElonMusk
Quote
synchronized booster landing
SidETH
Member
**
Offline Offline

Activity: 116
Merit: 20


View Profile
February 06, 2018, 09:27:36 PM

Educate me if you want: what is considered 'in the green' and 'being safe'?

For me to stop falling would be good enough.

Personally I would feel most comfortable at multiple weeks of stability, and then to start rising again.
This massive down followed by a potential massive up make me feel uncomfortable.
Pages: « 1 ... 19392 19393 19394 19395 19396 19397 19398 19399 19400 19401 19402 19403 19404 19405 19406 19407 19408 19409 19410 19411 19412 19413 19414 19415 19416 19417 19418 19419 19420 19421 19422 19423 19424 19425 19426 19427 19428 19429 19430 19431 19432 19433 19434 19435 19436 19437 19438 19439 19440 19441 [19442] 19443 19444 19445 19446 19447 19448 19449 19450 19451 19452 19453 19454 19455 19456 19457 19458 19459 19460 19461 19462 19463 19464 19465 19466 19467 19468 19469 19470 19471 19472 19473 19474 19475 19476 19477 19478 19479 19480 19481 19482 19483 19484 19485 19486 19487 19488 19489 19490 19491 19492 ... 29693 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!