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

[HairyMaclairy]

Nicely set up technical break out. First breaking weak downward green trendline then snapping through long term blue downward trend line.  Unfortunately this is a bear market so break out not sustained.

The super long term trend line from $2 (shown in purple sloping upwards) was not challenged.  I think the purple line will be very hard to break from the downside.  I think we will never break it again.  Fortunately it is moving very fast and will be in the stratosphere within a month so no concern of ours.



Weekly to show context of blue and purple lines.

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[Wekkel]

Some reading up at the end of the weekend: https://twitter.com/nlw/status/1064192241860837376

[drays]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - do you know anybody who spent less than $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

[El duderino_]

^
i certainly don't, and indeed so many people that sell @ minimum % profits......

i guess there are oldtime hodlers.... but much more sellers for low profits

[Dig Bicks]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - is there somebody who spent less that $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

I know a few people that got in under $10 that are still holding a fair amount of coins.  I was late to the party because I didn't like how the creator of bitcoin was anonymous and was holding about 1 million coins himself.  One person owning over 5% of total supply seemed very unfair.  That being said I still made a nice amount of money that has changed my life.  I'm not a nocoiner but my holdings are very small at this point and I'm playing it safe with more diversification.

People can call me a troll or whatever but I honestly think bitcoin will go under $2k.

[bitserve]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - do you know anybody who spent less that $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

My initial first couple of Bitcoins were bought for 100€ (in total). But my average price (cost) per Bitcoin is around $1000.

[bitserve]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - is there somebody who spent less that $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

I know a few people that got in under $10 that are still holding a fair amount of coins.  I was late to the party because I didn't like how the creator of bitcoin was anonymous and was holding about 1 million coins himself.  One person owning over 5% of total supply seemed very unfair.  That being said I still made a nice amount of money that has changed my life.  I'm not a nocoiner but my holdings are very small at this point and I'm playing it safe with more diversification.

People can call me a troll or whatever but I honestly think bitcoin will go under $2k.

You change your mind a lot in a very short span of time!

[goldkingcoiner]

Nicely set up technical break out. First breaking weak downward green trendline then snapping through long term blue downward trend line.  Unfortunately this is a bear market so break out not sustained.

The super long term trend line from $2 (shown in purple sloping upwards) was not challenged.  I think the purple line will be very hard to break from the downside.  I think we will never break it again.  Fortunately it is moving very fast and will be in the stratosphere within a month so no concern of ours.

the fact we have not had any major bouncebacks smells like another sideways for the coming weeks. Even with such a nice RSI.... :/ Any thoughts on if this might be another prelude to an imminent drop? I feel like MACD is looking too suspiciously positioned. Its going to do another 180° and plummet with the next bollinger contraction and breakout into the dirt.

[Dig Bicks]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - is there somebody who spent less that $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

I know a few people that got in under $10 that are still holding a fair amount of coins.  I was late to the party because I didn't like how the creator of bitcoin was anonymous and was holding about 1 million coins himself.  One person owning over 5% of total supply seemed very unfair.  That being said I still made a nice amount of money that has changed my life.  I'm not a nocoiner but my holdings are very small at this point and I'm playing it safe with more diversification.

People can call me a troll or whatever but I honestly think bitcoin will go under $2k.

You change your mind a lot in a very short span of time!

Yes I know, its one of my downfalls.  I am a very emotional person and don't be shocked if I change my mood about bitcoin in a few months but from what I've seen the future doesn't look too bright.

[jojo69]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - do you know anybody who spent less that $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

people paid for bitcoins?

I got them for a few cents in power, and got free heat in the wintertime out of the deal

oh my sweet sweet babies

[El duderino_]

^
eat my last Smerit and heat up MAN
 
normal gotta be DRUNK for sending the last of that, but that just a nice post you had there sir.....

by the WAY i got in around 350-ish$ "won the especially first amount of coins on poker" and had a few of MONSTER sessions luckely, and did almost hodled all of it i did accumulate @ all following prices cause we started playing for BTC-blinds and just kept it the same NO-matter what $value of the coins where @ any time.....

but cause of the first 10-20 sessions where played in FIAT and the guy that owned BTC was the losing guy and i was the winning guy (so @ that time when i won some of what bigger FIAT worth amounts and he paid me in BTC..... my overal averages in fiat value will be not very HIGH i guess ......)

i'm really happy with not knowing shit about BTC.... i did hodled from the start

[HairyMaclairy]

I would like to hear people’s stories about how they first heard about Bitcoin ?

I read about it in Wired Magazine in early 2013.  I was familiar with gold farming in WOW so it didn’t seem too outlandish.  It took a second mention in the media in November 2013 for me to pay attention and find this forum on google.

[Dig Bicks]

Curious how people hear first heard about Bitcoin ?

I read about it in Wired Magazine in early 2013.  I was familiar with gold farming in WOW so it didn’t seem too outlandish.  It took a second mention in the media in November 2013 for me to pay attention and find this forum on google.

I knew about it at the beginning of 2011, one of my friends that played runescape was heavily into bitcoin.  I should of takenhis advice at the time.  He is worth over 20 million now  I didn't own any substantial amount of bitcoin until 2012.

Even though this guy is fairly rich he is still quite unhappy though.  Just goes to show that money really can't buy happiness.

[Wekkel]

Just goes to show that money really can't buy happiness.

True. Your inner demons won't suddenly disappear.

[BinaryReign]

I would like to hear people’s stories about how they first heard about Bitcoin ?

I read about it in Wired Magazine in early 2013.  I was familiar with gold farming in WOW so it didn’t seem too outlandish.  It took a second mention in the media in November 2013 for me to pay attention and find this forum on google.

My first time hearing about bitcoin was late 2012, early 2013 from a friend who was always looking for a get rich quick scheme. I didn’t pay him much attention, since his schemes never seemed to work.

Later in 2013 I heard again, but this time from a wealthy friend. This friend owned a Ferrari, Porsche and Lamborghini (and several other nice cars) as well as a few houses. That’s when I took a serious look, and I started mining soon after.

 

P.S. I was also a WoW gold farmer some time before lol

[realr0ach]

Ya ok..........and all the people were saying we will never see bitcoin below 15k again, and then we will never see bitcoin below 10k again.  and it already nearly hit 5k.  

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.   Bitcoin does havfe a use, acts as a digital bearer bond and you are in complete control of your money.  Well the thing is the majority of people (over 99%) don't care about any of this and would rather use a bank.  I used to be a strong believer but this whole thing is just another dot.com crash all over again but without the rebound.

Doesn't mt gox still have a bunch of coins to dump?

Also there is a very real threat of Satoshi's 1 million bitcoins.  Who the hell knows what will happen and maybe he will dump those eventually.

^This guy's post looks like he just took "how to shill for Bitmain or the Jews at Goldman cointelpro 101".  Like I said before, nobody should sell anything so you have plenty of coins to dump on the kikes if they try to pump and dump it higher.  Maybe he's right and shitcoins go lower, but you making or losing money doesn't matter.  All that matters is ruining any kike schemes possible and eventually expelling them from every nation on earth.  

Shitcoins are completely valueless, imaginary tokens - the ultimate pump and dump scam, so they attract Jews like flies to shit.  The plan is to make sure their life is miserable the second they fly in and attempt to land on the shit by having as many shoeshine boys as possible hodl to dump on them.

[drays]

1500 is still a high amount considering where bitcoin started from and how many people got in under $10.

So... ok... how many? Do you know the number, and where did you get it from?
I really doubt there is any considerable number of such people now, as there were so many temptations to sell them in the way to $100, $1000, $10000 and so on.

No, seriously, this is an interesting question: does anyone here know somebody who got their bitcoins under $10 and still holds them?
Or may be better way to ask the same - do you know anybody who spent less that $10 per Bitcoin they own currently?
There are many oldtimers in this thread, so I assume this is a one of the best places to ask this question.

people paid for bitcoins?

I got them for a few cents in power, and got free heat in the wintertime out of the deal

Well, you still paid for your bitcoins - in USD, via electricity bills...
And yeah - free heat in the wintertime is good, but all the heat during hot summertime isn't fun... with all the efforts/spending for cooling them.

Do you want to tell you still keep the bitcoins you mined for few cents, and your average price per Bitcoin is less than $10?
An important note: take into account the amount of time you spent to get your bitcoins, which include mining setup/maintenance, trading time, reading news from all the different sources, participation in forums (heh ) and so on... Time is money... actually - much more than money... ehh. If I don't count all that "labor costs", my average cost per BTC is really low, but when I take that into account, I feel like I have worked hard / spent a lot to get them...

[Gyrsur]

[xhomerx10]

Avatar-sized

Thank you for this. Contrarian that I am I'm going to wheel this out just when everyone else has changed back to traditional ones.

 I believe there are a few people here who would fight you for the contrarian hat - possibly to the death... Er... life?

[Globb0]

I would like to hear people’s stories about how they first heard about Bitcoin ?

I was playing bakbakrakiki on the 9th moon or Eldroonor the gamblers kept mentioning bitcoin. I won a big hand and the guy paid me off with this time cube. Supposed to give me more time, I fiddled with it a bit and it transported me to my current job in Morrisons Salford. I am waiting for my turn at reductions. That seems to be the key according to ziggy. The old lady comes on Wednesdays.