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

[TERA2]

...The prices are outrageously high.

By what measure?
It is not like there is a P/E or anything like that.
Another three-fourfold increase in difficulty (and it is coming maybe in a few mo due to new rumored miners) and mining would be roughly at breakeven.

By the measure that last time I looked prices were like $500

What does mining have to do with anything?

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[JayJuanGee]

Can someone explain Why the fuck were going lower again


Not saying big whales selling...


But Why are they selling are they dumb??? Keeping the price down is
Also bad for them Why cash out on this price ??

What do you mean keeping prices "Down"? The prices are outrageously high.

So this actual price is high for you? Come on your lying to your self we reached $20k dollars
Why keep the price down again this is the 3 ore 4 time we reached €9.5k And then again down..

I want to know Why with good information

human emotion, greed & fear mainly with some help from manipulation... before the $20k peak the last was in 2013 with new ATH of $1200 the low $160, the same year the previous was $260 with $40 lows.  

a low of 15% of the ATH happens frequently.  Now tell me why it can't hit 3k?

Just because it can hit $3k does not mean that it will.

but it probably will.

"Probably will," that is a pretty fucking strong statement.

To me, "probably will" means greater than 50% odds, and I will ballpark assert my doubts that you have greater than 30% odds on $3k coming true in this particular correction.  

We already had a 70% correction down from $19,666 to $5,920... so you believe that there is a decent chance of eeking out an additional 15% to bring us to 85% of $3k, but we are going to have to break several areas of support before that even becomes a reasonable proposition... no?

First of all getting below $10k, then every $1k lower is going to pose some support that needs to be broken through... and perhaps if we get below the support at $7,500 then there would be a decent shot at $5k... but we gotta past a few support areas first, so you seem to be quite premature with your "probably will" assertion...

And sure I have seen your FUDster bearish (and wrong) proclamations in this thread past, so maybe you will get lucky this time.. perhaps, perhaps, but perhaps not, too....?    The odds seem to be pretty heavy against your asserted "probably will" expectations (even assuming that you even believe it yourself?).   

[jonoiv]

...The prices are outrageously high.

By what measure?
It is not like there is a P/E or anything like that.
Another three-fourfold increase in difficulty (and it is coming maybe in a few mo due to new rumored miners) and mining would be roughly at breakeven.

miners mined at a loss for 3 years.  

the anonymity of mining even at a loss is worth a lot to some people.  

[jonoiv]

Can someone explain Why the fuck were going lower again


Not saying big whales selling...


But Why are they selling are they dumb??? Keeping the price down is
Also bad for them Why cash out on this price ??

What do you mean keeping prices "Down"? The prices are outrageously high.

So this actual price is high for you? Come on your lying to your self we reached $20k dollars
Why keep the price down again this is the 3 ore 4 time we reached €9.5k And then again down..

I want to know Why with good information

human emotion, greed & fear mainly with some help from manipulation... before the $20k peak the last was in 2013 with new ATH of $1200 the low $160, the same year the previous was $260 with $40 lows.  

a low of 15% of the ATH happens frequently.  Now tell me why it can't hit 3k?

Just because it can hit $3k does not mean that it will.

but it probably will.

Probably will, that is a pretty fucking strong statement.

To me, "probably will" means greater than 50% odds, and I will ballpark assert my doubts that you have greater than 30% odds on $3k coming true in this particular correction.  We already had 70%... so you believe that there is a decent chance of eeking out an additional 15% to bring us to 85%, but we are going to have to break several areas of support first... first of all getting below $10k, then every $1k lower is going to pose some support... and perhaps if we get below the support at $7,500 then there would be a decent shot at $5k... but we gotta get there first, so you seem to be quite premature with your "probably will" assertion... and sure I have seen your FUDster bearish (and wrong) proclamations in the past, so maybe you will get lucky this time, but the odds seem to be pretty heavy against your asserted "probably will" expectations (if you even believe it yourself?).

keep holding then,  i couldn't care less what happens to the price, i will react as best I can to the changes.  and "probably will " is based on bitcoins history.

and youre one of the biggest FUDsters there is.  you were apparently a bag holder for 3.5 years.



 

[Wind_FURY]

Can someone explain Why the fuck were going lower again


Not saying big whales selling...


But Why are they selling are they dumb??? Keeping the price down is
Also bad for them Why cash out on this price ??

What else, they are profit taking because maybe they need to take their wives out somewhere fancy for a change. Or maybe some Bitcoin rich basement dwellers believe that they need to rent an apartment to be "away from mom". Hahaha.

But seriously, taking profits. It is normal and they might be buying back soon.

[JayJuanGee]

Can someone explain Why the fuck were going lower again


Not saying big whales selling...


But Why are they selling are they dumb??? Keeping the price down is
Also bad for them Why cash out on this price ??

What do you mean keeping prices "Down"? The prices are outrageously high.

So this actual price is high for you? Come on your lying to your self we reached $20k dollars
Why keep the price down again this is the 3 ore 4 time we reached €9.5k And then again down..

I want to know Why with good information

human emotion, greed & fear mainly with some help from manipulation... before the $20k peak the last was in 2013 with new ATH of $1200 the low $160, the same year the previous was $260 with $40 lows.  

a low of 15% of the ATH happens frequently.  Now tell me why it can't hit 3k?

Just because it can hit $3k does not mean that it will.

but it probably will.

Probably will, that is a pretty fucking strong statement.

To me, "probably will" means greater than 50% odds, and I will ballpark assert my doubts that you have greater than 30% odds on $3k coming true in this particular correction.  We already had 70%... so you believe that there is a decent chance of eeking out an additional 15% to bring us to 85%, but we are going to have to break several areas of support first... first of all getting below $10k, then every $1k lower is going to pose some support... and perhaps if we get below the support at $7,500 then there would be a decent shot at $5k... but we gotta get there first, so you seem to be quite premature with your "probably will" assertion... and sure I have seen your FUDster bearish (and wrong) proclamations in the past, so maybe you will get lucky this time, but the odds seem to be pretty heavy against your asserted "probably will" expectations (if you even believe it yourself?).

keep holding then,  i couldn't care less what happens to the price, i will react as best I can to the changes.  and "probably will " is based on bitcoins history.

and youre one of the biggest FUDsters there is.  you were apparently a bag holder for 3.5 years.

Get the fuck out of here.

You have not made any kind of meaningful response except for implying that we are in a early 2014 rather than an early 2013 type of situation, and you have not even stated that, so I am giving you goofball FUD spreader the benefit of the doubt about what you are claiming exactly beyond mere proclamations.

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

Consider the whole matter in context, and I would assert that blindly following some nonsense like your assertion is likely going to cause people to sacrifice coins...

[jonoiv]

Get the fuck out of here.

You have not made any kind of meaningful response except for implying that we are in a early 2014 rather than an early 2013 type of situation, and you have not even stated that, so I am giving you goofball FUD spreader the benefit of the doubt about what you are claiming exactly beyond mere proclamations.

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

Consider the whole matter in context, and I would assert that blindly following some nonsense like your assertion is likely going to cause people to sacrifice coins...

Which coins USD or BTC?

[Karartma1]

Accumulating (whenever possible) and holding (until proven worong) long term is my strategy. I don't blame traders though, we need them. But if I understood what Bitcoin is about I will not sell my BTC so easily. I feel privileged to own full bitcoins, not decimals, when there is still so much people who would like to buy 1 and they can't afford even 0.1 I know there is speculation and such but I believe in what Bitcoin can do for my financial integrity.
I will never be able to transfer wealth to somebody else as I am able to do now if Bitcoin fails (don't start telling me about other coins, I know them).
I love watching the charts but Bitcoin does not live in those trend lines  
Do you know what I mean?

[JayJuanGee]

Get the fuck out of here.

You have not made any kind of meaningful response except for implying that we are in a early 2014 rather than an early 2013 type of situation, and you have not even stated that, so I am giving you goofball FUD spreader the benefit of the doubt about what you are claiming exactly beyond mere proclamations.

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

Consider the whole matter in context, and I would assert that blindly following some nonsense like your assertion is likely going to cause people to sacrifice coins...

Which coins USD or BTC?

Stop pursuing technical one-liner interrogations, and attempting to imply that you are some kind of all-knowing expert who only speaks in conclusions.  Why don't your respond to what I am saying, and provide some substance, but instead you want to act as if you know something and you don't know shit. 

You should well realize that if people are investing then they are trying to maximize their Bitcoins, so of course, they sell bitcoins in order to acquire more bitcoins.  But whatever, you are not really  wanting to engage in any kind of meaningful discussion except for your supposed insightful hopium driven prediction that bitcoin "probably will" drop to $3k in the near future, right?

[bitebits]

Go Tim Draper, go.
"We haven't even found the tip of the ice berg", "This is the most exited I have ever been as an investor, and I was right there at the beginning of the Internet"

https://twitter.com/CNBCFastMoney/status/971151947880419331

[mike4001]

Go Tim Draper, go.
"We haven't even found the tip of the ice berg", "This is the most exited I have ever been as an investor, and I was right there at the beginning of the Internet"

https://twitter.com/CNBCFastMoney/status/971151947880419331

Yet we can't even break 12k and I don't see this changing anytime soon.

When traders are taking their profits each time we reach 12k how should we ever exceed 12k?

[JayJuanGee]

Go Tim Draper, go.
"We haven't even found the tip of the ice berg", "This is the most exited I have ever been as an investor, and I was right there at the beginning of the Internet"

https://twitter.com/CNBCFastMoney/status/971151947880419331

Yet we can't even break 12k and I don't see this changing anytime soon.

When traders are taking their profits each time we reach 12k how should we ever exceed 12k?

Maybe you need to zoom out a little bit to understand context?

[RealMachasm]

Go Tim Draper, go.
"We haven't even found the tip of the ice berg", "This is the most exited I have ever been as an investor, and I was right there at the beginning of the Internet"

https://twitter.com/CNBCFastMoney/status/971151947880419331

Yet we can't even break 12k and I don't see this changing anytime soon.

When traders are taking their profits each time we reach 12k how should we ever exceed 12k?

Patience.
Rome wasn’t built in a day.
We have had down trends before but in the grand scheme of things, Bitcoin has never been stronger.

[jonoiv]

Get the fuck out of here.

You have not made any kind of meaningful response except for implying that we are in a early 2014 rather than an early 2013 type of situation, and you have not even stated that, so I am giving you goofball FUD spreader the benefit of the doubt about what you are claiming exactly beyond mere proclamations.

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

Consider the whole matter in context, and I would assert that blindly following some nonsense like your assertion is likely going to cause people to sacrifice coins...

Which coins USD or BTC?

Stop pursuing technical one-liner interrogations, and attempting to imply that you are some kind of all-knowing expert who only speaks in conclusions.  Why don't your respond to what I am saying, and provide some substance, but instead you want to act as if you know something and you don't know shit. 

You should well realize that if people are investing then they are trying to maximize their Bitcoins, so of course, they sell bitcoins in order to acquire more bitcoins.  But whatever, you are not really  wanting to engage in any kind of meaningful discussion except for your supposed insightful hopium driven prediction that bitcoin "probably will" drop to $3k in the near future, right?

i already explained why i assume the price could go as low as 3k based on previous 2 ATH dropping to 15% of peak.  As i already stated i don't care where the price goes as long as i make good choices.  On my last trade this time i sold on 5th at 11500, happy to buy back when the time is right by my best guess.  Yes it's all guess work, based on the best info i have, and -probably- by my best estimation the bear market is not over yet.  

I also assume when you speak about the S curve you mean a lower case s

[JayJuanGee]

Get the fuck out of here.

You have not made any kind of meaningful response except for implying that we are in a early 2014 rather than an early 2013 type of situation, and you have not even stated that, so I am giving you goofball FUD spreader the benefit of the doubt about what you are claiming exactly beyond mere proclamations.

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

Consider the whole matter in context, and I would assert that blindly following some nonsense like your assertion is likely going to cause people to sacrifice coins...

Which coins USD or BTC?

Stop pursuing technical one-liner interrogations, and attempting to imply that you are some kind of all-knowing expert who only speaks in conclusions.  Why don't your respond to what I am saying, and provide some substance, but instead you want to act as if you know something and you don't know shit. 

You should well realize that if people are investing then they are trying to maximize their Bitcoins, so of course, they sell bitcoins in order to acquire more bitcoins.  But whatever, you are not really  wanting to engage in any kind of meaningful discussion except for your supposed insightful hopium driven prediction that bitcoin "probably will" drop to $3k in the near future, right?

i already explained why i assume the price could go as low as 3k based on previous 2 ATH dropping to 15% of peak.  As i already stated i don't care where the price goes as long as i make good choices.  On my last trade this time i sold on 5th at 11500, happy to buy back when the time is right by my best guess.  Yes it's all guess work, based on the best info i have, and -probably- by my best estimation the bear market is not over yet.  

I also assume when you speak about the S curve you mean a lower case s

I have not mentioned s-curve recently.  Either you are a bot creating automated responses or you are getting me mixed up with someone else. 

Sounds to me that part of your objective is to post in order to try to push the price down since you already sold, and therefore you are talking your book.

In regards to my book, if you have never really read my posts, my practice is to buy as the price goes down and to sell as the price goes up.  So I have buy orders already set nearly down to $3k; however, like I already said, I am not very optimistic about them filling on this particular correction.  So, if i were going to sell, I have mostly already done it, but I don't really care that much which way that the price goes in the short term, even though I am assuming that in the long term it is quite likely to go up... but even if it only goes up a little bit that is fine with me.  Any kind of s-curve adoption, as you suggest would surely be icing on the cake since I have already established decent profits even if BTC prices do not go up very much.

[kurious]

Go Tim Draper, go.
"We haven't even found the tip of the ice berg", "This is the most exited I have ever been as an investor, and I was right there at the beginning of the Internet"

https://twitter.com/CNBCFastMoney/status/971151947880419331

Yet we can't even break 12k and I don't see this changing anytime soon.

When traders are taking their profits each time we reach 12k how should we ever exceed 12k?

Your definition of 'soon' is obviously not the same as Time Draper's.  Or mine.   Look back a year, or 18 months?

One of my family said recently 'we are hoping to have a baby soon'.  I don't think she meant 'by next week'

[Globb0]

Instead of disappointed for the drop back down

I am like, cool there are people out there who were happy to buy at 20k$

Its like a future indicator.

[LFC_Bitcoin]

Go Tim Draper, go.
"We haven't even found the tip of the ice berg", "This is the most exited I have ever been as an investor, and I was right there at the beginning of the Internet"

https://twitter.com/CNBCFastMoney/status/971151947880419331

Yet we can't even break 12k and I don't see this changing anytime soon.

When traders are taking their profits each time we reach 12k how should we ever exceed 12k?

Relax noob, this is totally normal. Some of us have been here through multi year bear markets & aren’t panicking. The price was $1000 12 months ago.

[sirazimuth]

PTTS
Post Present Traumatic Trump Syndrome.

ftfy

[mikenz]

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

If you are 4 years in Bitcoin, you should be at least millionaire by now. Why are you discussing at crap level in the internet then? Just hire a hitman on that guy for pocket money