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

[jonoiv]

I see most everyone here is bearish.

So I need to ask, how many of you have basically hodl from the ATH till now.

I will start: I have basically hodl all the time and the little in comparison that I was selling I used to rebuy in the way down. Not a single $ withdraw back to my bank account, not now, neither in 2013/14. Of course I could easily withdraw the total I invested right now if I wanted to, obviously I am not underwater at all, but that's not the question.

I would like to get a better picture of what the average situation is in that regards.

I would never invest into this ponzi scheme but I have seen too many people get suckered into this scam and I feel partially responsible by not doing by best to warn them.

so you registered 2 days ago to warn them ?  

i like your moral courage sir  


Personally i promissed all my nocoiner friends that i would whatsapp them as soon as i felt they could enter the market with less risk.  the message will go out in the morning.

What a fucking retard, no person with half a brain would tell others to invest in this ponzi scheme.

Your either retarded or you want to see your friends suffer.

you're

[PoolMinor]

This is a good entry point to scoop up extra cheap coins.

We'll never see this low again

altcoin bag holders blame bitcoin for causing this massacre.
some bitcoiners blame usdt/finex.
Wall Street will blame crypto for DOW crashing.


tinfoil hat: big money figured out that they cannot outlaw bitcoin. their approach to hurt it was to elevate it into unforeseen euphoric stages just to crash it unprecedentedly afterwards in order to completely destroy any trust in it. guys like w.buffet knew. they couldn't even resist to make public statements about the coming crash.

but they will be wrong. they have no idea what a seasoned bitcoiner can survive. they will never crush us. bitcoin is the combined chuck norris/mcgyver/houdini of finance. we have waited 4 years from the previous to the last ATH. we can sit out storms like that.

6000 is the fucking BOTTOM

Such great predictors of misfortune.

[xhomerx10]

If it drops to $2k I’m going to sell everything I own to buy btc.

  That vacuum cleaner is a keeper; you can't sell that.

[Biodom]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

[bitserve]

* Make a fortune - Check

* Lose a fortune - Check

[PoolMinor]

Herewe go. Another shove down.

Fucking tiresome!
Still too high to buy though when you’re already sitting on a healthy stash. If it goes down to $2000 - $3000 I’m emptying my fiat savings accounts & pumping it all into bitcoin.

I hope you still have some savings left.

[QuestionAuthority]

If it drops to $2k I’m going to sell everything I own to buy btc.

  That vacuum cleaner is a keeper; you can't sell that.

You’re right, I’ll keep the vacuum but everything else is gone.

[bitserve]

The thing that really piss me off is thinking about the immense profits calvinayre/CSW have probably made shorting BTC from 6400. We won't be getting rid of those assholes in a VERY long time.

[CoinCube]

I see most everyone here is bearish.

So I need to ask, how many of you have basically hodl from the ATH till now.

I will start: I have basically hodl all the time and the little in comparison that I was selling I used to rebuy in the way down. Not a single $ withdraw back to my bank account, not now, neither in 2013/14. Of course I could easily withdraw the total I invested right now if I wanted to, obviously I am not underwater at all, but that's not the question.

I would like to get a better picture of what the average situation is in that regards.

I sold some on the way up but not much this year..

Accumulated in the $250-$1900 range.
Sold some on the way up largest chunk at $3,800 some higher in hindsight too early but I did ok.

Still hold just shy of 50% of my peak BTC holdings. I am short term bearish but not selling at these prices.

Current conditions remind me of the slow crash following the decline from $1000 to around $300. I suspect further capitulation spikes down followed by a long grind and slow climb out that I think will take as least as long as that earlier recovery and probably longer.

I won't be selling more because I think the long term future is very bright, but if I needed the money in the next 24 months I would probably sell what I needed on Monday or Tuesday evening asap but not during a holiday weekend crash.

Just my thoughts but I am no expert.

[QuestionAuthority]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

Not liquid enough for me and requires a level of trust. A nice cold wallet stuffed with coin will do the trick.

[rat03gopoh]

BTC Holders has, is currently, and will suffer tragic things this year.

1st, last November 5th is a commemoration of the release of BTC which should be a "happy" moment for BTC holders but many people who are unhappy seem. 2nd, now is November where BTC reaches the highest price that occurred last year, and now it's inversely proportional. 3rd, of course last year's Xmas holiday is more fun. Maybe this year's Xmas and New Year holidays we won't be outside the house, just look at "red candles" as xmas gifts and do this ...

for year-end holidays

Happy Holidays,, Holders HODLers 

[babanana]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

This is my plan actually, well, with wife's permission.

We'll empty our bank accounts again to change it to Btc. Live off with our paychecks like we used to.

Planning to snatch 2-3k btc off manipulators.

[Dogboy714]

The thing that really piss me off is thinking about the immense profits calvinayre/CSW have probably made shorting BTC from 6400. We won't be getting rid of those assholes in a VERY long time.

Yeah...agreed. Would be nice to get a view of their positions before their FUD releases. Then again, a lot of people are getting Bitcoin for cheap as a result. Time for Bitcoin to save the world!

[angel55]

Trying to time the bottom is  not smart.  Those calling for 2k prices will most likely be left behind and won't buy until the bulls come back and the fomo kicks in.  Always cost average.

[bitserve]

I see most everyone here is bearish.

So I need to ask, how many of you have basically hodl from the ATH till now.

I will start: I have basically hodl all the time and the little in comparison that I was selling I used to rebuy in the way down. Not a single $ withdraw back to my bank account, not now, neither in 2013/14. Of course I could easily withdraw the total I invested right now if I wanted to, obviously I am not underwater at all, but that's not the question.

I would like to get a better picture of what the average situation is in that regards.

I sold some on the way up but not much this year..

Accumulated in the $250-$1900 range.
Sold some on the way up largest chunk at $3,800 some higher in hindsight too early but I did ok.

Still hold just shy of 50% of my peak BTC holdings. I am short term bearish but not selling at these prices.

Current conditions remind me of the slow crash following the decline from $1000 to around $300. I suspect further capitulation spikes down followed buy a long grind and slow climb out that I think will take as least as long as that earlier recovery and probably longer.

I won't be selling more because I think the long term future is very bright, but if I needed the money in the next 24 months I would probably sell what I needed on Monday or Tuesday evening asap but not during a holiday weekend crash.

Just my thoughts but I am no expert.

Thanks for the detailed reply. Yeah, what you say is perfectly reasonable among the possible scenarios.

Also it seems, that even if you sold some substantial part of your stash on the way up, you mostly didn't take advantage of the opportunity of $10K+ to $19K... as I suspect is the case of most here.

[QuestionAuthority]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

This is my plan actually, well, with wife's permission.

We'll empty our bank accounts again to change it to Btc. Live off with our paychecks like we used to.

Planning to snatch 2-3k btc off manipulators.

A bit too risky of a move to me, Never get the wife in a position to fucking hate and resent you if shit goes sour. Too little to gain for risk and reward.

I now know for a fact that you’re currently married or divorced because you understand the game. No amount of money in the world can make up for living in hell.

[bitserve]

So I need to ask, how many of you have basically hodl from the ATH till now.

Sodl two batches on the way down from the ATH to fund my early retirement.

Have not sodl anything since late January 2018.

I did originally plan on dumping at least another $1M before December 31st, but not at these prices.

Looking to buy at least another 200 BTC if the price drops below $1k.

Yeah, I know. I think your case is one of the most detailed during the past year. I would say you did pretty well, not only because of your more than healthy stash, but the timing of the sells, while not perfect, was pretty good in hindsight. IIRC you sold your first batch at around $17K which is as close as the ATH as it can be.

Your accomplishment is inspiring and VERY instructive. Congrats again

P.S.: Interesting to know that you have plans to even rebuy what you sold if the price drops so much, but.... considering the size of your remaining stash, don't you think if that happens ($1000) you would be so pissed off that last thing you would do is rebuy more? Just asking....

[Biodom]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

Not liquid enough for me and requires a level of trust. A nice cold wallet stuffed with coin will do the trick.

I hear you, but there is a question of using IRA funds.
I can use some currently unneeded IRA funds (maybe in 5%-10% area) to buy into ETF and/or Bakkt (that would be settled daily into physical btc).
I don't want to buy any more stocks or bonds, lol.

[babanana]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

This is my plan actually, well, with wife's permission.

We'll empty our bank accounts again to change it to Btc. Live off with our paychecks like we used to.

Planning to snatch 2-3k btc off manipulators.

A bit too risky of a move to me, Never get the wife in a position to fucking hate and resent you if shit goes sour. Too little to gain for risk and reward.

I now know for a fact that you’re currently married or divorced because you understand the game. No amount of money in the world and make up for living in hell.

She's fine with the risk but only jealous of time I spent on BTC market and forums.

[HI-TEC99]

Trying to time the bottom is  not smart.  Those calling for 2k prices will most likely be left behind and won't buy until the bulls come back and the fomo kicks in.  Always cost average.

Also for the married guys, lol.  Who the F#$@ gets married.?

In 2015 it didn't matter if you bought at $150 or $300 provided you hodled. There were "experts" advising waiting untill double digits before buying.

Buying in at today's price is better than buying in at $20000.