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

[becoin]

When we reach that point, will there be enough 'native' demand for Bitcoin to avoid a true bear market (like, going convincingly below 200 MA on the daily, just like the other bear markets)?

People that believe in TA are stupid. They deserve their fate of being milked and slaughtered.

Correct. There is nothing that can predict the future.

There is, my friend! But the only correct way of predicting the future is to create it using your own hands and brains

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[lightfoot]

I am watching a tutorial to make a rope knot ...  

Well, I told ya not to sell your precious bitcoins for Bitmain Cash and other shitcoins!

i think not really much BTC hodlers actually SOLD BTC for BCH ..... maybe hodl the free shit
i'm happy unloaded ALL of that shit for BTC

BCH was a coin that was created in what I like to call "bad faith". I stripped my wallets of it and turned it into btc.

Now that I think about it, ETH was also a bad faith coin, I have a bit of ETC because I believed in an immutable chain, not what ETH became....

This man invested in bad faith coins. And paid the price. Pity him. Learn from him.

[Kylapoiss]

Hate to say it, but what the peeps think, will we see sub 4xxx coins? Many of you oldtimers thought a month ago that we are out of the 6xxx area, though we seem to get weaker every day, running sideways together with Bart Simpson.

I read only about 10 pages of the last 100, I am sorry if this has been discussed already.

I can't see any positivity on the horizon, though that doesn't mean it's a bad time to buy, doing just that.

[Aqualung89]

I have to see new investors, it seems to me that sunny days are hard if you can not see new investors in a short time. Or there is a fear in the market.

[Kylapoiss]

r0ach, time to buy some tin?

[viper262]

The alt coins must unravel before btc can go up. My prediction is we see dominance climb above 80%.

[Kylapoiss]

The alt coins must unravel before btc can go up. My prediction is we see dominance climb above 80%.

80%? That's a bold prediction. I'd say 70% will be quite maxxed, after it reaches the peak it will drop drastically, ergo fuelling the next (maybe the last) altcoin run. But after the next run most of the shitcoins will fade into history, as they should. Then daddy takes over for good with some kiddies running around. But you never know if and how they will grow up.

[El duderino_]

The poll is still bullish ...... must be something Going on whiteout me knowing   

[Kylapoiss]

The poll is still bullish ...... must be something Going on whiteout me knowing   

I've been right on the last 2 polls, voted on the first days. Now I can't find a suitable answer

maybe I'm just in a bad mood, should get a drink or smth.

[El duderino_]

i do like jimmy song and put the bet on that idiot 

[El duderino_]

[Yaplatu]

[El duderino_]

ETH is still leading the loss-pack. The pain is increasing.

#BUY BITCOIN

[kingcolex]

ETH is still leading the loss-pack. The pain is increasing.

#BUY BITCOIN

Honestly I think Ethereum will be fine in the longterm, only Bitcoin and Ethereum came out of the US as Non-Securities which I doubt others will be able to do. That's a big fucking deal.

[dutchlincoln]

ETH is still leading the loss-pack. The pain is increasing.

#BUY BITCOIN

i'll wait a few days more and buy me some ETH  

MUST be going uphill, cant miss, an profit increase must be astonashing!

[Wekkel]

i'll wait a few days more and buy me some ETH  

MUST be going uphill, cant miss, an profit increase must be astonashing!

A wise trader at least waits for a second bottom before stepping in. But feel free to catch a fallin' knife.

[El duderino_]

^
That’s One of the things everybody has already had ,a catching falling knives experience.... and if not or When your new .... everyone Will keep doing This kind of things till they get burned , its all included in the crypto learning Manuel 

[vapourminer]

wheres the one with the bored looking guy?

[Majormax]

The alt coins must unravel before btc can go up. My prediction is we see dominance climb above 80%.

80%? That's a bold prediction. I'd say 70% will be quite maxxed, after it reaches the peak it will drop drastically, ergo fuelling the next (maybe the last) altcoin run. But after the next run most of the shitcoins will fade into history, as they should. Then daddy takes over for good with some kiddies running around. But you never know if and how they will grow up.

There may possibly not be another altcoin run (just some failed rallies). It has been my view since Feb that we are in a bear market frame, and it would be unusual for that not to last at least a year or two.

There is still lots of hope around, and price likes to flow down that river.

Of course nobody can make clear predictions, but the logic seems to be that this is an altcoin extinction event, and the next bull phase will involve the main survivors. The large number of surviving zombie coins is diluting scarce buying power.

Until the mass extinction is well under way (and that means getting down to only a few hundred alts)  , it is unlikely that a proper bottom can be formed.  ( just my own guess)

I would be a buyer of just the strongest projects (maybe only BTC) when we get to less than 400 tokens/coins showing some trade on coinmarketcap.

[Majormax]

^
That’s One of the things everybody has already had ,a catching falling knives experience.... and if not or When your new .... everyone Will keep doing This kind of things till they get burned , its all included in the crypto learning Manuel  

Yes. Impossible to predict the long term price moves, only the market can show you. Better to miss the first 25% of a bull market, than to lose a large indeterminate chunk (could easily be 75% or more) of your capital.

Unfortunately, it is natural to be impatient for action, so those losses are the norm.