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

[infofront]

well, as a quite newbie (10 months) in crypto, i have to admit that im losing faith right now.
I want to be a holder (yes thats how we write this right?) but what worries me is not the ups and downs itself, but the rediculous drops that happened 3 times now... This means that some people actually can control my money.... again... And i dont like it.
Who can garantee that not all bitcoin eventually evaporates?
I mine the shit out of my equipment, and all it does this year is lose value... i cant mine enough to even increase in fiat value. Thats hugely dissapointing...

Everyone has a opinion here in bitcointalk, even some experts out there. It ranges from 2k to 150k dec18. How to take anyting in between serious? I see pretty graphs, all made in a way someone thinks instead of based on facts or knowledge, calculations, etc. Whats the value of it? Zilch...
Take a look back to all those pretty graphs... I bet none came actually true...

crypto? I think ponzi more and more...


Proof me wrong, please....

Here's a bitcoin chart going back to 2010. How many crashes and bear markets have we had already?
Long term, what direction is bitcoin going in?

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[JayJuanGee]

Unpleasant reality)

maybe your reality . certainly not mine

There is like a hope, hope, hope...

Some folks are feeling hope that they can buy back lower and not happy about buying at current prices, feel like they did not buy enough at $5,774-ish and hoping for lower.. hoping, hoping, hoping.

Let us hope that they that are to greedy.... and sitting on the side-lines Will be sitting there forever , watching the Rockets and traint but don’t be sitting on them

hahahahaha...

I agree with you.  I certainly get a certain amount of decent pleasure when BTC goes into a kind of "punishment mode" which causes a lot of the sideliners to either continue to sit back in awe or just give up and buy some BTC at a premium.. which may end up being at or near the top of the punishment run.

[LFC_Bitcoin]

Still up over 40% on the price this time last year

[JayJuanGee]

What about a situation if/when fiat goes 'south'. All calculations would be out of the window, then.
IMHO, we are within 5 years of , perhaps, a low double digit inflation episode.
What then?

as i said, i have and continue to make/modify plans that take into account worse case scenarios, at least as far as i am able. the potential failure of fiat is included in those plans. but, so is the failure of btc.

personally i am quite confident in btc rising in value. but i wont stake our future on just btc. or just fiat. we need to survive either ones failure. and even then its possible both will fail. thats my biggest worry, both go south. but its possible to survive that too, if you have enough things of value that can be traded for whatever is needed.

btc, fiat, physical holdings. one fails, no biggie, but annoying. two fail, well thats gonna hurt but its still possible to survive ok, although it will almost certainly suck a lot. but it still beats being homeless, starving and depending on others. all three fail? well, it was fun while it lasted. hopefully one has knowledge or skills that are in demand.

its not that simple of course, but thats my general view.

Of course, it is good to have various tentative plans for a wide variety of scenarios, but it is also not prudent to plan 50/50 or even betting 5% on an event that only has a .0238495% chance of happening.  Each of us should be attempting to be honest with ourselves and honestly attempting to allocate reasonably both upside and downside and tweaking from time to time (as you seem to already be in the practice of doing).

[hodl_2015]

Proof me wrong, please....

I sold my couple BTC around $260, well before the jump to $1200 in 2013. bought again when it dropped to $600 after that. It went all the way down to $200 while I kept accumulating (and loosing) more. didn't sell at $19000. after all that, I'm still ok.
bitcoin exists almost 10 years and every year more people know what it is and more people use it. it has not been replaced by any alt-coin. The only practice use of any alt-coin is buying bitcoins.

http://bitcoinity.org/markets/bitstamp/USD choose the "all" timeframe and select the log-scale (top-left in graph), change mBTC to BTC in the options if you prefer. The drop in the last 10 months doen't look that impressive. People still trust bitcoin and are ready to buy when the trend returns to upward. $20k is not an insane price any more.

[dutchlincoln]

well, as a quite newbie (10 months) in crypto, i have to admit that im losing faith right now.
I want to be a holder (yes thats how we write this right?) but what worries me is not the ups and downs itself, but the rediculous drops that happened 3 times now... This means that some people actually can control my money.... again... And i dont like it.
Who can garantee that not all bitcoin eventually evaporates?
I mine the shit out of my equipment, and all it does this year is lose value... i cant mine enough to even increase in fiat value. Thats hugely dissapointing...

Everyone has a opinion here in bitcointalk, even some experts out there. It ranges from 2k to 150k dec18. How to take anyting in between serious? I see pretty graphs, all made in a way someone thinks instead of based on facts or knowledge, calculations, etc. Whats the value of it? Zilch...
Take a look back to all those pretty graphs... I bet none came actually true...

crypto? I think ponzi more and more...


Proof me wrong, please....

Here's a bitcoin chart going back to 2010. How many crashes and bear markets have we had already?
Long term, what direction is bitcoin going in?

maybe stupid on my side, but as a not native, i dont exactly know how to read the graph/comment.
Sure, overall it goes up... But when did whales enter crypto market? How reliable are tose lines, as they get adjusted flatter and flatter...
who thought the values on the right? logharithmic scale? you can design any graph the way you want , in order you show to others what you want them to see... Makes me a critic towards graphs.

i hope it becomes reality, but :What is reality?


darn...

i bought my 2 kids both an gpu eth miner to educate them into crypto as it beomes their world, and i want to prepare them on their future.... Better just gave them the money they costed...

[JayJuanGee]

$5xxx's here we come...

NOT quite yet...

Pray, pray, pray.. you negative Nancies.    

And down we go

Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up  

I’m going to release some fiat this week & start buying again. I haven’t bought since 2015. I’ve just been HODLING.
I think considering we hit nearly $20,000 & have now fallen to $6,000 this represents a GREAT time to buy now. I think we’ll hit $50,000 not long after the halving so buying now you will make nearly over 10 x your investment if you buy now.

I’m definitely going to buy MOAR if we stay in this price range.

I know it´s not a popular opinion here but I would be careful.

We hit 20k because of mass media attracting tons of newcomers and massive FOMO from them. This will not happen again.

Now the rise has to be more or less natural.

So while I am sure the Halving will move the price up I am not sure if it even goes to 20k.

Oh my!!!!!

Isn't this the ever-present repeated theme when the price is going down to come up (not exactly original) never again scenarios?

Do you conclude that BTC has already reached mass adoption, based on less than 1% of world wide adoption?  Get a fucking grip with the purported facts that you are relying upon for your lame ass "never again" FUD propagating prediction.   

[dutchlincoln]

......      $20k is not an insane price any more.

i so hope you are right... Wish i had a guarantee for half of it...

[gembitz]

Proof me wrong, please....

I sold my couple BTC around $260, well before the jump to $1200 in 2013. bought again when it dropped to $600 after that. It went all the way down to $200 while I kept accumulating (and loosing) more. didn't sell at $19000. after all that, I'm still ok.
bitcoin exists almost 10 years and every year more people know what it is and more people use it. it has not been replaced by any alt-coin. The only practice use of any alt-coin is buying bitcoins.

http://bitcoinity.org/markets/bitstamp/USD choose the "all" timeframe and select the log-scale (top-left in graph), change mBTC to BTC in the options if you prefer. The drop in the last 10 months doen't look that impressive. People still trust bitcoin and are ready to buy when the trend returns to upward. $20k is not an insane price any more.

selling BTC at $300 per coin to buy a used car screwed me lol

[aaroque2003]

The ‘Crash’ is in ETH. What a shit show...

INDEED... LOL.... 

now.... WHY would it be funny if others lose money?

Just because its not "your" favorite coin?

These childish ego responses start to make me sick on this board...

Because I lose money too..?   ... But thanks God I shorted last week, following my guts and all I had learned here from more experienced members in this game..... Been learning 1 1/2 year..... practically still a newbie compare to them, everyday is another lesson in CryptoLand, and I love it. And yes, ETH is not my favorite coin...  

[becoin]

i bought my 2 kids both an gpu eth miner to educate them into crypto as it beomes their world, and i want to prepare them on their future.... Better just gave them the money they costed...

So you're mining an altcoin and you want guarantees about bitcoin's future, right?

[HairyMaclairy]

I am playing around with Google Trends data of "Bitcoin" as a search term v Bitcoin price.  I used the daily values for each for 2018, converted to a percentage.  Start date is 1 January 2018, end date is 5 September 2018.

Price is orange, trend data is green.  

[JayJuanGee]

well, as a quite newbie (10 months) in crypto, i have to admit that im losing faith right now.
I want to be a holder (yes thats how we write this right?) but what worries me is not the ups and downs itself, but the rediculous drops that happened 3 times now... This means that some people actually can control my money.... again... And i dont like it.
Who can garantee that not all bitcoin eventually evaporates?
I mine the shit out of my equipment, and all it does this year is lose value... i cant mine enough to even increase in fiat value. Thats hugely dissapointing...

Everyone has a opinion here in bitcointalk, even some experts out there. It ranges from 2k to 150k dec18. How to take anyting in between serious? I see pretty graphs, all made in a way someone thinks instead of based on facts or knowledge, calculations, etc. Whats the value of it? Zilch...
Take a look back to all those pretty graphs... I bet none came actually true...

crypto? I think ponzi more and more...


Proof me wrong, please....

Nobody has any burden to prove anything to you.

You decide to invest, and you need to live with your decision and figure out an investment strategy that works for your situation and your ability to have and to carry out a long term plan despite periods of correction that can be quite brutal, as you suggested.

Good luck, getting your negative emotions together and figuring out some kind of meaningful plan.  Seems to me that you invested more than you can afford to lose at the top with ONLY an expectation that prices will go up or that there would be "reasonable limitations" in the price downside - and as any of us should know markets can be completely unreasonable.

You are  full of shit, to the extent to which you are lumping all crypto together as if they were one thing.  Go to some alt coin thread to post your tears.. this is a bitcoin thread, not a crypto whine lumping thread.       

[gembitz]

i bought my 2 kids both an gpu eth miner to educate them into crypto as it beomes their world, and i want to prepare them on their future.... Better just gave them the money they costed...

So you're mining an altcoin and you want guarantees about bitcoin's future, right?

gpus bro so when this video game dies they will be still useful lol

[serveria.com]

well, as a quite newbie (10 months) in crypto, i have to admit that im losing faith right now.
I want to be a holder (yes thats how we write this right?) but what worries me is not the ups and downs itself, but the rediculous drops that happened 3 times now... This means that some people actually can control my money.... again... And i dont like it.
Who can garantee that not all bitcoin eventually evaporates?
I mine the shit out of my equipment, and all it does this year is lose value... i cant mine enough to even increase in fiat value. Thats hugely dissapointing...

Everyone has a opinion here in bitcointalk, even some experts out there. It ranges from 2k to 150k dec18. How to take anyting in between serious? I see pretty graphs, all made in a way someone thinks instead of based on facts or knowledge, calculations, etc. Whats the value of it? Zilch...
Take a look back to all those pretty graphs... I bet none came actually true...

crypto? I think ponzi more and more...


Proof me wrong, please....

Nobody has any burden to prove anything to you.

You decide to invest, and you need to live with your decision and figure out an investment strategy that works for your situation and your ability to have and to carry out a long term plan despite periods of correction that can be quite brutal, as you suggested.

Good luck, getting your negative emotions together and figuring out some kind of meaningful plan.  Seems to me that you invested more than you can afford to lose at the top with ONLY an expectation that prices will go up or that there would be "reasonable limitations" in the price downside - and as any of us should know markets can be completely unreasonable.

You are  full of shit, to the extent to which you are lumping all crypto together as if they were one thing.  Go to some alt coin thread to post your tears.. this is a bitcoin thread, not a crypto whine lumping thread.       

Don't waste your time on this bear shill and his whining. Better put him on ignore....

[Dunkelheit667]

...
But when did whales enter crypto market?
...

Well, if I remember correctly, this term became popular during the peaks from 2013 ($266 and $1242), Mt.Gox, Willy, the Bearwhale and stuff... If someone bought at the 2013 top, he/she/it 'made' ~ 400% as of today (in fiatmoney).

You might have bought at the recent $19666 top, not sure what you can expect in five years from now. However, if you bought the top, hodling might be an appropriate strategy. If you're a moderate gambler, cost averaging on the 'way down' could be your strategy. Want to feed the whales? Just sell. If you want your kids to laugh at you in five years, buy shitcoins...

[gembitz]

...
But when did whales enter crypto market?
...

Well, if I remember correctly, this term became popular during the peaks from 2013 ($266 and $1242), Mt.Gox, Willy, the Bearwhale and stuff... If someone bought at the 2013 top, he/she/it 'made' ~ 400% as of today (in fiatmoney).

You might have bought at the recent $19666 top, not sure what you can expect in five years from now. However, if you bought the top, hodling might be an appropriate strategy. If you're a moderate gambler, cost averaging on the 'way down' could be your strategy. Want to feed the whales? Just sell. If you want your kids to laugh at you in five years, buy shitcoins...

i just noticed ... time to sell $5800 now weeee

[LFC_Bitcoin]

...
But when did whales enter crypto market?
...

Well, if I remember correctly, this term became popular during the peaks from 2013 ($266 and $1242), Mt.Gox, Willy, the Bearwhale and stuff... If someone bought at the 2013 top, he/she/it 'made' ~ 400% as of today (in fiatmoney).

You might have bought at the recent $19666 top, not sure what you can expect in five years from now. However, if you bought the top, hodling might be an appropriate strategy. If you're a moderate gambler, cost averaging on the 'way down' could be your strategy. Want to feed the whales? Just sell. If you want your kids to laugh at you in five years, buy shitcoins...

i just noticed ... time to sell $5800 now weeee

- Your post history is littered with shit posts
- You troll a lot
- You’ve got negative trust
- You regularly post in the shit coin sub
- Welcome to my ignore list

[El duderino_]

well, as a quite newbie (10 months) in crypto, i have to admit that im losing faith right now.
I want to be a holder (yes thats how we write this right?) but what worries me is not the ups and downs itself, but the rediculous drops that happened 3 times now... This means that some people actually can control my money.... again... And i dont like it.
Who can garantee that not all bitcoin eventually evaporates?
I mine the shit out of my equipment, and all it does this year is lose value... i cant mine enough to even increase in fiat value. Thats hugely dissapointing...

Everyone has a opinion here in bitcointalk, even some experts out there. It ranges from 2k to 150k dec18. How to take anyting in between serious? I see pretty graphs, all made in a way someone thinks instead of based on facts or knowledge, calculations, etc. Whats the value of it? Zilch...
Take a look back to all those pretty graphs... I bet none came actually true...

crypto? I think ponzi more and more...


Proof me wrong, please....

Here's a bitcoin chart going back to 2010. How many crashes and bear markets have we had already?
Long term, what direction is bitcoin going in?

i can perfectly live with this chart ..... serve it please haha

[El duderino_]

The ‘Crash’ is in ETH. What a shit show...

someone have to lead the shit show ..... as long its an altcoin its good for me
let bitcoin grow and flow into appriciating STRONG hands