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

[JayJuanGee]

It's always good to keep a diversified portfolio, and thankfully I can afford to lose what I've put in if it dies completely (which is not likely to happen imo).

That's bullshit.
There is no need to diversify into shit coins.  Of course, there may be other reasons to diversify, but why buy pump and dump paper tigers?

Paper is only big in btc due to futures.
Hodling sw and ln by falling dominance from 99% to below 40 and from absolute value near 20k to below 6k speaks all for your 'bright mind'.
Have more fun.

Yes... grasping at straws in your attempt to continue to bash on bitcoin in this correction situation... Hopefully, you can get some pump in the alts, even though they remain pump and dump shit, just like I mentioned.  Point the fingers at BTC might be your distraction, when you fail and refuse to recognize bitcoin fundamentals being above and beyond superficial talking points that are largely present in the alts.

Regarding your paper assertion in bitcoin, yes, there are certain kinds of financializations that are being built upon bitcoin, and that can hardly be helped.  I would think that the smart investor is going to continue to be the one that holds the actual bitcoin rather than any kind of fractional reserve that might be permisable through futures contracts.

Regarding segwit, you are completely full of air and non-substance if you think that there is some kind of fundamental problem with the off chain (and second layer solutions that that fuels).

Who gives a ratt's ass about phoney ass market cap fundamentals that attempt to portray some kind of meaning in the share of various alt coins...   Throughout this 99% to 40% and back to 50% process there has been a lot of shit coins added to the mix, and who gives a shit.  Bitcoin has remained king throughout, even if some folks happen to get distracted into alt coin pump and dump imitation projects.

The narrative changed and no-one told you.
There are no straws, bitcoin has no future, my wealth is of no concern when all i have to do is get it back
segwit is something all together, you believe you have a handle on it but fail to miss key details

no-one care about fundamentals, thats why I can do what I do

hope this is better, I am trying, it just takes so long, well thats the plan

The "mymenace bot" seems to be back to nearly 100% capacity, at least in terms of posting frequency, not in terms of providing any kind of meaningful contribution to the various topics of the thread.   I preferred when you took a bit of a break, perhaps down to 20% capacity.






Perhaps some mymenace bot hari kari might come in handy, here?

[HairyMaclairy]

I copped some slight heat for calling a local bottom yesterday.  But I think the thesis still stands with a local target of $7200 - $7300.  Then pucker. 

[LFC_Bitcoin]

I copped some slight heat for calling a local bottom yesterday.  But I think the thesis still stands with a local target of $7200 - $7300.  Then pucker. 

Can we just fast forward to around mid 2021?

Would genuinely hibernate until then if it was possible as a human being. Fed up HODLING & waiting to get rich.

[pawel7777]

[HairyMaclairy]

[El duderino_]

So we are on monday night ?? 

[JayJuanGee]

It bitcoin dominance is increasing then why is the price dumping? Who the fuck is selling?

Alts are going to zero, as foretold. This is the great bloodletting.  Come warm your hands by the fire of the smoking carcass of the alt coin market.  

We will also experience some pucker all along the way but it will all be worth it in 2020.

I just don't buy it.

Yes.  Currently, I do recognize that alt coins are dumping more than BTC, but I just have a sense that several of the alt coins will be coming along for at least one more BTC ride up the exponential price rise.  Surely, I could be wrong about my hunch, but to me, it just seems too early to assert that they are dead and that BTC is the unambiguous winner.

We have decent chances that in the end, BTC is going to be the unambiguous  winner, but there seems to be a lot of ambiguity for alt coin pumpers to exploit along the way.. and at least one more alt coin pump is going to be part of that taking advantage of ambiguity and almost an limitless supply of dumb money.

[JayJuanGee]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

Tera, is that you?

Seems that Tera dee bera has transmorphized into Hairy da barey.

Haahahahahahaha..

Just kidding.

[LFC_Bitcoin]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

Tera, is that you?

Haahahahahahaha..

Just kidding.

Noticed TERA doesn’t post much, if at all now that the price has fallen down so much?

[El duderino_]

It bitcoin dominance is increasing then why is the price dumping? Who the fuck is selling?

Alts are going to zero, as foretold. This is the great bloodletting.  Come warm your hands by the fire of the smoking carcass of the alt coin market.  

We will also experience some pucker all along the way but it will all be worth it in 2020.

I just don't buy it.

Yes.  Currently, I do recognize that alt coins are dumping more than BTC, but I just have a sense that several of the alt coins will be coming along for at least one more BTC ride up the exponential price rise.  Surely, I could be wrong about my hunch, but to me, it just seems too early to assert that they are dead and that BTC is the unambiguous winner.

We have decent chances that in the end, BTC is going to be the unambiguous  winner, but there seems to be a lot of ambiguity for alt coin pumpers to exploit along the way.. and at least one more alt coin pump is going to be part of that taking advantage of ambiguity and almost an limitless supply of dumb money.

I am sure that the most in here Just thinking the same that offcourse there Will be Some pump and dump in alts.....

[JayJuanGee]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

Tera, is that you?

Haahahahahahaha..

Just kidding.

Noticed TERA doesn’t post much, if at all now that the price has fallen down so much?

She did a similar thing around the end of 2014.  Maybe at a certain point, her handlers don't want to pay her no more?

[LFC_Bitcoin]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

Tera, is that you?

Haahahahahahaha..

Just kidding.

Noticed TERA doesn’t post much, if at all now that the price has fallen down so much?

She did a similar thing around the end of 2014.  Maybe at a certain point, her handlers don't want to pay her no more?

Exactly what I was thinking Jay

[El duderino_]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

I do not know youre stash/amount of BTC or what you want to achieve but if you wanna increase and have extra fiat Why wouldn’t you be buying right now.....? Just be buying hodling and be patient , the game has been Made So easy ...... No secret rooms, No bosses to defeat Just buying hodling When oppertunitie’s are presented by the very generous low price Sellers stop waiting and start increasing  

[JayJuanGee]

It bitcoin dominance is increasing then why is the price dumping? Who the fuck is selling?

Alts are going to zero, as foretold. This is the great bloodletting.  Come warm your hands by the fire of the smoking carcass of the alt coin market.  

We will also experience some pucker all along the way but it will all be worth it in 2020.

I just don't buy it.

Yes.  Currently, I do recognize that alt coins are dumping more than BTC, but I just have a sense that several of the alt coins will be coming along for at least one more BTC ride up the exponential price rise.  Surely, I could be wrong about my hunch, but to me, it just seems too early to assert that they are dead and that BTC is the unambiguous winner.

We have decent chances that in the end, BTC is going to be the unambiguous  winner, but there seems to be a lot of ambiguity for alt coin pumpers to exploit along the way.. and at least one more alt coin pump is going to be part of that taking advantage of ambiguity and almost an limitless supply of dumb money.

I am sure that the most in here Just thinking the same that offcourse there Will be Some pump and dump in alts.....

Yes... but it seems to me that some peeps are taking the situation a lot further than is likely.

Several times, there have been assertions that altcoins are dying.. blah blah blah.. .but we are way too early in this game for that to happen.

There will likely be at least another 10 years of significant alt coin pumping and dumping, so it seems way too premature to me to be suggesting that alt coins are dying any time soon.

I do agreed that the genuine froth in the alt coin space is driving the overall price correction, including BTC; however, who the fuck knows how long it is going to last and/or how far and how long bitcoin is going to be drug down in this process.  Surely the longer and the more that alt coin  money is purged, this time around, the longer and deeper will be bitcoin's price correction, too.

[mymenace]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

I do not know youre stash/amount of BTC or what you want to achieve but if you wanna increase and have extra fiat Why wouldn’t you be buying right now.....? Just be buying hodling and be patient , the game has been Made So easy ...... No secret rooms, No bosses to defeat Just buying hodling When oppertunitie’s are presented by the very generous low price Sellers stop waiting and start increasing  

This always makes me laugh,

whats the advice for the ones who have nothing left, stolen so to speak

[El duderino_]

at least BTC dominance is @ 53%

but thinking exactly the same we didn't saw the last of shitcoin pump and dumps BUT yes time for all to stop bleeding and for BTC to rise again it would be good for me if we have seen the bottom  

mmmm going to crash sleep and don't wanna get shocked in the morning

LET US HAVE ALREADY SEEN THE BOTTOM

-next question = WHEN MOON??

[mymenace]

And the answers never come
been like this for over 5 years


If you do not have any money, and your coins were stolen
I suppose all their is left to do is hunt.

Tell your family to buy low and hope for the best

[RoomBot]

https://twitter.com/Excellion/status/1028426579158884352

According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they've bled half a billion in the last 3 months. If Bitcoin Core devs didn't disclose the Bcash vulnerability, it could've wiped a billion dollars off their balance sheets.

As suspected, Bcash was being pumped.

I don't think the rest of their btc will be able to get bcash to a sellable value. Time to start pulling out the old wallets and get what I can.

 

look at me  >.> i'm the BTCBTCBTCBTCBTCBTCBTCBTC hodler now

@Gembitz has come to his senses. Hell hath froze over.

[HairyMaclairy]

XRP now down 93% from ATH.  

NEM down 95%.

Look at far right column. 

[RoomBot]

GOLD!!

Meltem!