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

[bitChipper]

I bought my first coins back in 2013, and I am a permabull / maximalist. HOWEVER, it looks like we're entering a multi-year bear market.
https://youtu.be/vX1BjDHhuVk?t=54m58s

The question is now when to buy back... We could approach 2k with enough fud. My orders will be spread between 2k and 6k.
Oh yeah, and Bitcoin is doomed, it's a pyramid scheme and a scam  .

cummmonn dude dont say that...i dont want to hear it...

been around since late 2013 and i lived through that 2 year bear market and it sucked, this is what i have been afraid of since december..

I want to believe that a 2 year bear market wont hold because of way more interest and on ramps (exchanges) for buyers...maybe you are right though...

of course one stroke of political/economic instability could change that right?

[LFC_Bitcoin]

Is this all panic selling just because Google are taking bitcoin related ads down?

My word, some people haven’t got a fucking pair of balls.

[RayX12]

Why is Nobuaki Kibayashi still alive?
Bitcoiners are way too civilized.  Fuck him in the ass now!
He is now hodling the funds he sold!
Corruption at its best!

GO BITCOIN GO!

[Last of the V8s]

News = almost 0 relevance to the price
In a dump the pope himself could canonize any one who buys and not move the price up an inch. Only exchange/country closures can move it on a dime, as that cuts off the money at the source.

And yet neither thing happened at the last bottom.

Sorry Mr Dimon that you didn't get in early.

The initial emission scheme is part of Bitcoins fatal flaws. It should have been slow when starting out and much faster when POW was higher and usage was way up. Approach it from simple principles, why would the world voluntarily pass off huge amounts of wealth to early adopters? There is nothing in BTC that can't be trivially replicated or improved upon. Only speculators hoping for a bigger sucker will pay them off, and there is a limit to how many new ones appear. If BTC is the worlds currency then some sysadmin who mined a bunch in the early days gets to own California?

We got in early because we are brighter than you. And we can last

the next 3 years

or

4 years of winter

In fact, you may not even live to see your colleagues' downfalls

I would settle for breaking the monopoly of the banks within another 20 years.  I’m patient.  Also looking forward to Bitcoin’s 10th birthday in January 2019.  

Your time would be much better spent asking your daughter how bitcoin actually works.

Finally, further to your point above

These fools have been handed a technology so clever, so disruptive and revolutionary, that the rulers of the world would have to fully unmask themselves as ruthless tyrants in order to suppress it, — or give up their thrones on their own free will

http://www.loper-os.org/?p=939
http://trilema.com/2015/these-fools-have-been-handed-a-technology-so-clever-so-disruptive-and-revolutionary-that-the-rulers-of-the-world-would-have-to-fully-unmask-themselves-as-ruthless-tyrants-in-order-to-suppress-it/

[JayJuanGee]

Peeps here do not have that kind of scheduling discipline

If I can buy back cheaper some of the coins that I panic-dumped during the last crash at 6K I am fine (panic about my missus' reactions, not about btc). Currently I have bids stacked down till $300. The honey badger will come back soon or later.

Whoaza!!!!!

You seemed to have made a kind of non sequitur response.  My earlier statement that you posted above was an attempt at a normative assertion, and to group label WO peeps who are obsessed with talking about me (or having a "special" day for such talk), as retarded.... hahahahahaha


Regarding, having bids down to $300, that seems like a BIG ASS waste of time and energy to maintain such buy orders, but I understand that we are in bitcoinlandia, and sometimes wild, wild west lackings in liquidity on some exchanges, so I suppose there could be some fluke flash on one or more exchanges and trading pairs that could cause you to profit a lot from having such outstanding buy orders (that aspect is like the lottery, but ties up your money). 

Still, we do have several DECENTLY SIZED areas of buying support that are going to need to be broken through before we go down - which currently I anticipate to be at around $7,500, $5k, $3k and $2k... and surely there are some smaller support areas in between those DECENTLY SIZED levels.  I don't really have a problem with having a certain quantity of money already on exchanges and dedicated to buying BTC in the event of price drops, but there seems to be a certain level of disutility in locking up too much money in that regard. 

On a personal level, I do have actual orders set up in an area around $3.5k and I have a decent amount of money that is in reserves that would be available for prices going below $3.5k.... Yet, I am still anticipating that this time around, we are more likely in an early 2013-like scenario rather than an early 2014-like scenario, so in that regard, it does not seem considerably likely that I will need to use my money that is prepared for the below $3.5k--- however, if we break below the first DECENTLY SIZED support area of $7.5k, then it becomes more likely to consider those lower areas... and sure with the ongoing current downward price movement, breaking below $7.5k is becoming more and more probable.    I understand that a lot of folks have not really been prepared for so much downward, so they contribute to additional downward price movements by selling at these price levels (rather than buying, like they should be doing  - only so much we can do about others, but just attempt to prepare ourselves to take advantage of such situation as much as we can).

By the way, there does seem to be decent evidence for the argument that this whole ongoing BTC downtrend remains an opportunity to continue to purge alts, rather than any reflection on any actual problem with BTC fundamentals.

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

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21/03/2018 dakustaking76
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31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
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28/08/2018 bitserve
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31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

[JayJuanGee]

Why is Nobuaki Kibayashi still alive?
Bitcoiners are way too civilized.  Fuck him in the ass now!
He is now hodling the funds he sold!
Corruption at its best!

GO BITCOIN GO!

Hello?     You forgot to mention the sound wisdom of: HODLCRAEFULLY!!!!!    

[BitcoinBunny]

The next 10 seconds are critical.

[Last of the V8s]

https://www.reddit.com/r/PineappleArcade/
https://twitter.com/coin_artist/status/973962762975174658
@coin_artist 3 hours ago
Atari's Founder @NolanBushnell announces #PineappleArcade, a massive #cryptocurrency treasure hunt. #bitcoin #gaming

[gembitz]

https://www.reddit.com/r/PineappleArcade/
https://twitter.com/coin_artist/status/973962762975174658
@coin_artist 3 hours ago
Atari's Founder @NolanBushnell announces #PineappleArcade, a massive #cryptocurrency treasure hunt. #bitcoin #gaming

no atari asics?..i am disappoint :\  meh

[fabiorem]

We are going to 6k fast.

This is not a re-test. 10k was already re-tested multiple times and we should be above it already.

This talk about TA is useless now. We are going to 6k because the market is in full manipulation mode.

Kobayashi didnt dump all Mt.Gox coins. This situation will last for months, if not the entire year.

You can draw as many lines as you like, but manipulation is manipulation. And theres nothing we can do about it.

[rjclarke2000]

Well, that’s that then

[gembitz]

[/img]

We are going to 6k fast.

This is not a re-test. 10k was already re-tested multiple times and we should be above it already.

This talk about TA is useless now. We are going to 6k because the market is in full manipulation mode.

Kobayashi didnt dump all Mt.Gox coins. This situation will last for months, if not the entire year.

You can draw as many lines as you like, but manipulation is manipulation. And theres nothing we can do about it.

 

*poof!*

[mymenace]

We are going to 6k fast.

This is not a re-test. 10k was already re-tested multiple times and we should be above it already.

This talk about TA is useless now. We are going to 6k because the market is in full manipulation mode.

Kobayashi didnt dump all Mt.Gox coins. This situation will last for months, if not the entire year.

You can draw as many lines as you like, but manipulation is manipulation. And theres nothing we can do about it.

The other manipulation theory is;

JPmorgan or CEO bought in around $6000

Went up to about 19666 (Indicator for some whale) Then returned to where big investor bought in - around $6000

Here is the interesting part, The volume on feb 6 from $5920 to $8000 - MASSIVE, biggest ever

Big investor bought back in

Seems like $6000 is the bottom and what we seeing is the manipulator/s using full correction sell profit back to top of buy in area about $8000

End of dump return to trend line

[Biro Bob]

I’ve just been reading that article about some money manager who says Bitcoin is a bubble that’s about to burst.....

Dude! It has burst. The bubble burst in December. What we’re seeing here is price discovery and it will go down until it stops going down. Then it will go up and keep going up until another bubble appears (much higher than the last) and then it will burst.... and down it will go again. Rinse and repeat.

Notice MSM media and talking heads are more inclined to report the failure of Bitcoin, but compared to any known equity, Bitcoin has kicked ass and out performed them all... even if the price fell to $2000.

Anyway.. like Mr Loblaw, my coins are NOT FOR SALE right now.

[d_eddie]

the WO thread is the one and only. every idiot can open a new thread these days. all other threads are altcoins/ICO´s. I just hope they will not fork it (with bigger letters) and insist that the forked WO is the "real WO" thread.

Thanks to infofront for taking it over - including responsibilities and having a moderation vision that seems to have allowed for it's continued quasi-wild, wild west style, and thanks to theymos in allowing a kind of democratic transfer of ownership that seems to have been a very fucking BIG success to the forum and for the bitcoin community.

Out of the real thing, sorry. I was keeping the last few precious like Ebenezer.

I've got a cool new alt, though.

+1 WoSMerit to JJG, wordy man in nonwordy disguise. You're much more effective and - I'll dare unusual adjectives - enjoyable to read when you dress up this way. Try it more often, if you manage. Please.  

+1 WoSMerit to infofront, for the thanklessest job there is. And done brilliantly, as if from far away.

[explorer]

the WO thread is the one and only. every idiot can open a new thread these days. all other threads are altcoins/ICO´s. I just hope they will not fork it (with bigger letters) and insist that the forked WO is the "real WO" thread.

Thanks to infofront for taking it over - including responsibilities and having a moderation vision that seems to have allowed for it's continued quasi-wild, wild west style, and thanks to theymos in allowing a kind of democratic transfer of ownership that seems to have been a very fucking BIG success to the forum and for the bitcoin community.

Out of the real thing, sorry. I was keeping the last few precious like Ebenezer.

I've got a cool new alt, though.

+1 WoSMerit to JJG, wordy man in nonwordy disguise. You're much more effective and - I'll dare unusual adjectives - enjoyable to read when you dress up this way. Try it more often, if you manage. Please.  

+1 WoSMerit to infofront, for the thanklessest job there is. And done brilliantly, as if from far away.

I think JJG has been hacked...

[d_eddie]

Surely this Jacques_Bittard troll shit shill job would have been with Tera beara calling the end of bitcoin (and further and more painful price corrections) during the March 2017 down to $890 - and that surely would not have been a good time to sell any decent amount of your bitcoins.

I wouldn't put the two of them in the same league. I see different levels of intellectual integrity at a bear minimum. Ooops, a BARE minimum, ehm.

[jbreher]

(Ostrich with his head in the sand until all this bearishness blows over).

EvilLookingOstritchSoon.png

[mymenace]

I’ve just been reading that article about some money manager who says Bitcoin is a bubble that’s about to burst.....

Dude! It has burst. The bubble burst in December. What we’re seeing here is price discovery and it will go down until it stops going down. Then it will go up and keep going up until another bubble appears (much higher than the last) and then it will burst.... and down it will go again. Rinse and repeat.

Notice MSM media and talking heads are more inclined to report the failure of Bitcoin, but compared to any known equity, Bitcoin has kicked ass and out performed them all... even if the price fell to $2000.

Anyway.. like Mr Loblaw, my coins are NOT FOR SALE right now.

Why is it a bubble and not adoption? Scarier

Is it a correction or a bubble burst? Bitcoins dollar value is ?

When is the next bubble or price correction up? Bitcoins dollar value is ?

Who profits from BTC being called a bubble? Banks and big investors wanting in

Who is helped by saying BTC is a Bubble? Profit taking


Bubble = making Money