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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368508 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. (174 posts by 3 users with 9 merit deleted.)
xhomerx10
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April 15, 2018, 11:29:24 AM

Technically, I believe that's a called BOOM!
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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hodl_2015
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April 15, 2018, 11:30:57 AM

I would like a place with nice weather Wink where I may eventually retire.
The whole ERTH thing started to get on my nerves. Too much crap all over.
I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts.
Too much to ask?

key word "some"

The difference between (no power at all) and (a few hours of lights and internet/day) is wayyyyy bigger than the difference between (a few hours of lights and internet/day) and (all the power you can possibly use) in lifestyle terms.
In a place with nice weather, power is easy: solar with decent size powerwall for 2 or 3 clouded days, done.
For internet Iridium NEXT ( https://en.wikipedia.org/wiki/Iridium_satellite_constellation#Second_generation ) is nearing completion, and the future SpaceX Starlink should provide a massive amount of bandwidth if you are one of the few users in the area.
The island looks like a bargain compared to a decent sail boat, but is still outside of my budget with current BTC prices :-(

Phil_S
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April 15, 2018, 11:43:45 AM

Quiet today. 

Could you please post those magic words tomorrow also?
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April 15, 2018, 12:09:17 PM



Wekkel
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yes


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April 15, 2018, 12:14:07 PM
Merited by fabiorem (1)

I will leave this one here:

HairyMaclairy
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April 15, 2018, 12:19:16 PM

We havent broken the overall logarithmic downtrend yet.  

Quiet today. 

Could you please post those magic words tomorrow also?


Sure.  If its quiet. 
Deeyoh
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April 15, 2018, 12:22:53 PM
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Don't really care about that 2014 comparison.  Seen it on trading view and think it's crap.  Seriously, they are comparing over a year of price to just 3 months.  Sure you can compress/extend time frames to see about anything you want to see.   + Drkenergy has been wrong about 90% of the time.  Maybe most viewed but damn, if you traded on his advice you would be broke about now.

Wekkel
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April 15, 2018, 12:30:46 PM

if you traded on his advice you would be broke about now.

xhomerx10
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April 15, 2018, 12:34:43 PM

Looks like a meme day!



SidETH
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April 15, 2018, 01:31:32 PM

$9000 to be smashed this week.
Wassuuup?! Cool
B1tUnl0ck3r
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liife threw a tempest at you? be a coconut !


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April 15, 2018, 01:36:02 PM


might as well use this quiet time to set myself up with
brand new trading desk - check



Your brand new trading desk reminds me of this one, except yours is more snazzy.






how to not be with the machines? they never will rape anyone... it's too slow, break the flow.

so where are the great gif!!! each page should at least have a rocket launch Smiley.
pfrtlpfmpf
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April 15, 2018, 01:52:12 PM

Blue Frontiers, Tahiti, and such, i really can´t keep up with the last pages, let´s just say, i´m going to be rich. I´m simple minded  Smiley
Torque
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April 15, 2018, 01:55:38 PM

I would like a place with nice weather Wink where I may eventually retire.
The whole ERTH thing started to get on my nerves. Too much crap all over.
I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts.
Too much to ask?

There's still yet a few warm places that haven't been severely exploited. Tick-tock... start now!

In other news from on the ground, I asked local gold shop (who's main business is currency exchange) if they'd accept BTC. She met me with a  Wink Maybe.
Here it comes!  One year ago they hadn't even heard of it.



That's awesome. Btw whatever happened with that one Asian woman who you said had bought and was speculating on every crypto under the sun on her laptop?
Torque
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April 15, 2018, 02:00:36 PM

Don't really care about that 2014 comparison.  Seen it on trading view and think it's crap.  Seriously, they are comparing over a year of price to just 3 months.  Sure you can compress/extend time frames to see about anything you want to see.   + Drkenergy has been wrong about 90% of the time.  Maybe most viewed but damn, if you traded on his advice you would be broke about now.

The other major difference between now vs. 2013/2014 was leverage. Back then there was shit ton of it, and Bitcoin was leveraged anywhere from 100:1 to 500:1 (on a few Chinese exchanges). Pretty easy to push a small, thin market around with that kind of leverage. Especially on Gox where the majority was probably fake/naked leverage and shorting going on.

Now, not so easy with this size market and so many more exchanges offering much less leverage opportunity.
Ibian
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April 15, 2018, 02:08:46 PM

Almost done with my winter vacation. Didn't initially plan to spend almost 2 months down south, but the winter back home just didn't wanna let go. Word is it's finally sailing season, so going back home soon. Then boating as much as possible this year. Don't need an entire island to get away.
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April 15, 2018, 02:27:16 PM
Last edit: April 15, 2018, 02:39:34 PM by Majormax

I will leave this one here:



Using your chart ...  2014 high  $1150   low $188      = Fall of 84%  Peak to trough  took ~14 months


Applying that to current situation :  84% fall from 2017 high of 19500   = $3200 approx in around Feb 2019.


If you are a Hodler, it may alleviate anxiety to use this roadmap.  The low would only be 9 months away, although the recovery would be slow.
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April 15, 2018, 03:14:16 PM
Merited by JimboToronto (1), Torque (1), ssmc2 (1), soullyG (1)

Torque
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April 15, 2018, 03:17:34 PM

^^^^^
Love that pic jojo
ssmc2
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April 15, 2018, 03:18:45 PM
Merited by JimboToronto (1)

If we're comparing to previous drops why not compare to this one...

https://www.tradingview.com/chart/BTCUSD/cy1UAvLl-2013-vs-2018/
Torque
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April 15, 2018, 03:24:11 PM

If we're comparing to previous drops why not compare to this one...

https://www.tradingview.com/chart/BTCUSD/cy1UAvLl-2013-vs-2018/

Yeah April 2013 comparison would honestly make more sense. My belief is that whales were charging up into the market because they already knew the real game was coming later into the year. So they were already accumulating even though April looked like a bubble. People have to understand that this is a really thin market, so any heavy accumulation on exchange will cause massive bubble swings.

So my theory now is that, if we don't see another significant drop in the coming 6-8 weeks, it means that this is just a pre-show to something bigger coming soonTM. Otherwise the whales would just trade this thing back down to pre-Nov levels, let it go and be done with it.

Why would you pump hundreds of millions (billions) of dollars over a year's time into a market that was just going to go back down? You wouldn't.

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