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

[d_eddie]

Chucked you a supportive merit, I miss her (for I am pretty sure Tera was a she) too.  I also learned a few things from Tera's posts.

She was pretty good in 2013 / 2014 (and was hated) and was right to be bearish this time (and was hated again).  But she wasn't totally wrong, just coldly realistic - and IMHO much misunderstood.  The odd, sophisticated contrarian is actually a good thing at times. Opposing views, even if they are predicting 'pain to come' are wise to at least factor in, rather than simply shout down. Otherwise this thread is risking just being an echo chamber.

I agree Tera had a useful role. Not a shill or a one-way FUDder; not always right (who is?), not always wrong (even SOMA predictions are almost always wrong), but informed and intelligent. I also gave her a bit of bashing now and then, but keeping a hateless, rational, arguing attitude. Tera sounded more like a "she" back then in 2013-2014, quite less in recent times. It almost felt like the account had changed hands.

I reckon BTC will inevitably exceed the last ATH by a lot in the end - but surely long term hodlers (of all people) have learned that there is never gain without pain.  It is just how it is - but it is also how the gain is truly earned.  If it was easy, every fucker would be rich.

Amen.

So, Hairy - work on the charts and if you start to get it right, I for one will be grateful. OK, not for the pain, if that is what is due - but for an idea it might be coming? Sure.

Keep up the good work, Hairy!

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[HI-TEC99]

All of this is still just noise. Wake me up if price goes below $6,00.

Fuck!
I’ll hang myself if it goes below 6 dollars

Wtf i think there Will be Many hangings if that happens.......

Right now it would actually be amusing as all the hangings would be on Wall Street!

Everyone here would just buy M0ar!

Something similar already happened in 2011 when gox got hacked, and Bitcoin crashed to one cent each. The price went back up afterwards and 2011 hodlers are now rich. If it goes below $6 I'll be simultaneously buying and crying.

[JimboToronto]

A very late good morning Bitcoinland.

I see we had another little dip back to where we were 5 days ago... currently $6299USD/$8199CAD (Bitcoinaverage).

Bouncy bouncy. Not deep enough for me to buy. Paid this price last week.

Yawn.

[Deeyoh]

Leveraged shorts almost back to the ATH.   Only a moron would be selling right now to help fill them.   I feel a squeeze coming.   

[BobLawblaw]

Bouncy bouncy. Not deep enough for me to buy. Paid this price last week.

My anus is prepared to go as low as $5,700.

Below that and I'm going to start puckering-up enough to turn coal into diamonds.

[El duderino_]

Leveraged shorts almost back to the ATH.   Only a moron would be selling right now to help fill them.   I feel a squeeze coming.   

Man..... This is the place of NON Sellers and occasionally a few bears that try to shake up .... BUT Thats impossible in here  

[jbreher]

If we break out to $10k+ very soon, we're probably not going to hold that price point for long. It would most likely lead to lower lows (sub $5k).

...because?...

[Wekkel]

Price action has all the hall marks of a reversed BART forming.

[Ibian]

Just to be clear, are we using reversed barts and the like unironically here?

[becoin]

Who sold at the bottom?

[El duderino_]

Who sold at the bottom?

At the last bottom....? I think not to Many in here, and i Will not if there’s a new bottom, let cheap coins come to me thx in advance..... new coins are always welcome 

[Searing]

Who sold at the bottom?

At the last bottom....? I think not to Many in here, and i Will not if there’s a new bottom, let cheap coins come to me thx in advance..... new coins are always welcome  

In HODL Horde mode ..since 2015...(not to say I'm still not clueless...more like 'frozen' on indecision I guess)

You know what they say, right now BTC is either the ATL (groan) for the year.....or the ATH (also groan!) for the year..take your pick.

chump or champ....time will tell on my 2015 HODL bet. (I"m scared......hold me....heh...I crack my self up...likely because I'm cracked up)

[Torque]

OT: https://www.cnbc.com/2018/09/17/amazon-planning-8-new-alexa-devices-microwave-amplifier.html

This is getting hilariously stupid. They literally want you to have devices crammed in every orifice of your life so they can monitor and spy on you.... everywhere.

Talk about a Trojan horse. 

[eddie13]

Who sold at the bottom?

I sold a little when it looked like it wasn't going to break $10k and then I cried all the way to $20k and back down..
I don't feel too bad about it now but I would like to buy it back..

[HairyMaclairy]

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I haven’t noticed.

Are you invested in monero?

I am conflicted about Monero.  I love the idea of a truly anonymous currency.  But from an investment point of view, I think their tail emissions policy is flawed.  I know it is only 0.6 XMR per block, but I feel that is enough to have a real impact on supply, meaning that Bitcoin is a far superior long term investment.  

So I watch Monero closely but don't hold any.  I had a fair stack that I sold for Bitcoin at the start of this year.  If I start to feel that Bitcoin is under threat, I might go back to holding some Monero as a hedge.  I held a stack of Monero through the Bcash debacle as a defensive hedge. 

[Ibian]

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I haven’t noticed.

Are you invested in monero?

I am conflicted about Monero.  I love the idea of a truly anonymous currency.  But from an investment point of view, I think their tail emissions policy is flawed.  I know it is only 0.6 XMR per block, but I feel that is enough to have a real impact on supply, meaning that Bitcoin is a far superior long term investment.  

So I watch Monero closely but don't hold any.  I had a fair stack that I sold for Bitcoin at the start of this year.  If I start to feel that Bitcoin is under threat, I might go back to holding some Monero as a hedge.  I held a stack of Monero through the Bcash debacle as a defensive hedge. 

Far more importantly, if you have a few millions set aside and you cash them out to buy, say, a house, the taxman will show up with Questions.

Being below board is simply not worth it in the current culture.

[HI-TEC99]

Who sold at the bottom?

I sold a little when it looked like it wasn't going to break $10k and then I cried all the way to $20k and back down..
I don't feel too bad about it now but I would like to buy it back..

I doubt many of expected it to break 10k, then quickly pump up to 20k. I thought it would briefly touch 10k then crash back down again. At least you didn't buy back at a higher price than you sold at. Sell high, buy back low.

[HairyMaclairy]

Long range price forecast for balance of 2018.

[HairyMaclairy]

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I haven’t noticed.

Are you invested in monero?

I am conflicted about Monero.  I love the idea of a truly anonymous currency.  But from an investment point of view, I think their tail emissions policy is flawed.  I know it is only 0.6 XMR per block, but I feel that is enough to have a real impact on supply, meaning that Bitcoin is a far superior long term investment.  

So I watch Monero closely but don't hold any.  I had a fair stack that I sold for Bitcoin at the start of this year.  If I start to feel that Bitcoin is under threat, I might go back to holding some Monero as a hedge.  I held a stack of Monero through the Bcash debacle as a defensive hedge.  

Far more importantly, if you have a few millions set aside and you cash them out to buy, say, a house, the taxman will show up with Questions.

Being below board is simply not worth it in the current culture.

I am not American so not subject to tax on my global income if I stop being a tax resident of my country of residence.  If I ever trigger a retirement event through crypto, I will just move offshore.  All perfectly legal. 

[Ibian]

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I haven’t noticed.

Are you invested in monero?

I am conflicted about Monero.  I love the idea of a truly anonymous currency.  But from an investment point of view, I think their tail emissions policy is flawed.  I know it is only 0.6 XMR per block, but I feel that is enough to have a real impact on supply, meaning that Bitcoin is a far superior long term investment.  

So I watch Monero closely but don't hold any.  I had a fair stack that I sold for Bitcoin at the start of this year.  If I start to feel that Bitcoin is under threat, I might go back to holding some Monero as a hedge.  I held a stack of Monero through the Bcash debacle as a defensive hedge.  

Far more importantly, if you have a few millions set aside and you cash them out to buy, say, a house, the taxman will show up with Questions.

Being below board is simply not worth it in the current culture.

I am not American so not subject to tax on my global income if I stop being a tax resident of my country of residence.  If I ever trigger a retirement event through crypto, I will just move offshore.  All perfectly legal. 

It might be legal, in theory, now. But states always want more power and control, never less. Laws change.