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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22472215 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (148 posts by 37 users deleted.)
kingcolex
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December 03, 2018, 03:54:40 PM

Good morning bitcoin land.


It appears Bears are not satisfied yet with another massive sell off dominating charts this morning. I would say $3.4kish is going to be the next support level if this slide continues. A recovery will have to breach stiff resistance at the $4.1k range and still battle through $4.22k to realize a break out upwards. #dyor

1h

#stronghands   
Honestly I don't give a shit where it lands as long as the reversal comes after. Shits too in-between for me to play the shorting game anyways.
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bitserve
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December 03, 2018, 03:57:06 PM

Capitulation is definitely in, every post is that crypto is going down and nothing can stop it. Coindesk is declaring it crypto winter and we need to wuick looking at the price. People are memeing that Bitcoin is just a downward ride.

It's here and we may have already hit bottom or not but we're fucking close with that continuous Doom and gloom mindset.

We won't have capitulated until we stop talking about capitulation. We won't have bottommed until we stop talking about bottoms.
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December 03, 2018, 03:58:19 PM

A little shake down...
Dig Bicks
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December 03, 2018, 03:58:36 PM

sick of these idiots that say "this is not investment advice" then they proceed to give investment advice.
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December 03, 2018, 03:59:57 PM

sick of these idiots that say "this is not investment advice" then they proceed to give investment advice.
Did the doctor order you to follow this thread?
kingcolex
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December 03, 2018, 04:00:42 PM

Capitulation is definitely in, every post is that crypto is going down and nothing can stop it. Coindesk is declaring it crypto winter and we need to wuick looking at the price. People are memeing that Bitcoin is just a downward ride.

It's here and we may have already hit bottom or not but we're fucking close with that continuous Doom and gloom mindset.

We won't have capitulated until we stop talking about capitulation. We won't have bottommed until we stop talking about bottoms.
The majority is though, the wall observation thread likely won't ever stop. Did it stop previously?
jojo69
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December 03, 2018, 04:01:47 PM
Merited by Ibian (1)


C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?

this depends entirely on the metrics you measure your quality of life with.  Also, as always, social class has a great influence.

I think I would be perfectly happy as a petty aristocrat in Roman Britain for example.  For many, a life in a clean and abundant environment with actual unclaimed wonder over the horizon would be far preferable to today's dystopian prison web of interstate highways, satellites and "social media".
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December 03, 2018, 04:02:02 PM

sick of these idiots that say "this is not investment advice" then they proceed to give investment advice.
Did the doctor order you to follow this thread?

Not talking about this thread just people on youtube and twitter.
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December 03, 2018, 04:02:52 PM

I believe Searing's hypothesis about MtGox selling everything before 2019 may be true. Price could continue going down all month.

They only need to sell above $1k or so. So buckle up.




And then...

You mean Kobayashi selling more Bitcoins? That is pretty unlikely.
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December 03, 2018, 04:03:07 PM


C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?

this depends entirely on the metrics you measure your quality of life with.  Also, as always, social class has a great influence.

I think I would be perfectly happy as a petty aristocrat in Roman Britain for example.  For many, a life in a clean and abundant environment with actual unclaimed wonder over the horizon would be far preferable to today's dystopian prison web of interstate highways and satellites.

Honestly I would rather live in hunter gatherer times. Before agriculture started

Suicide was practically non existent among indigenous tribes.  It's clear that modern society is ruining peoples mental health and happiness.
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December 03, 2018, 04:04:52 PM

Probably just a monday thing.... many dumb F*** selling idiotes cause there angry @the start of the week Roll Eyes
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December 03, 2018, 04:06:23 PM

I start to think that maybe we, humans, set ourselves on some kind of a suicide path.

I don't want to sound like Ibian, but we probably have headed our boat for catastrophe. Not much we can do now though. May as well enjoy Rome before it burns.
I don't understand what makes people subscribe to this narrative. What makes you think that we're heading for disaster when just about everything has been getting better on average for the past however many decades?

I'm more worried about a meteor smashing earth than humans fucking anything up before someone banking on a solution for whatever problem. And I'm not really worried at all.
http://people.uncw.edu/kozloffm/glubb.pdf

History repeats. It's much like the seasons, every time is different but the overall pattern remains. Things are shit, people make them better, then things turn to shit again. And the longer peace and prosperity reigns, the harder the fall.

All the signs are there. It will likely be a soviet style collapse, but this time on a large scale.

C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?
Which part didn't you understand? The better things are and the longer it goes on the worse it will be when it all ends.
I understand what you're saying, but I'm not aware of a single case in which that stroke true.

Civilizations that imploded generally didn't just up and vanish, they became part of a civilization under a different name. Generally ones that start off better than the imploded generation did, with a higher peak of prosperity than the one before.

If humanity doesn't get instantly wiped out I'll just use what I worked for to relocate and not run into any of the problems you mention, as did others before me for quite literally all of human history.
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December 03, 2018, 04:07:08 PM


C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?

this depends entirely on the metrics you measure your quality of life with.  Also, as always, social class has a great influence.

I think I would be perfectly happy as a petty aristocrat in Roman Britain for example.  For many, a life in a clean and abundant environment with actual unclaimed wonder over the horizon would be far preferable to today's dystopian prison web of interstate highways, satellites and "social media".
eh I love the idea of Ancient Rome but I know my appendix would pop or some shit and I'd die shitting myself before 30.
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December 03, 2018, 04:08:16 PM

The past few decades has seen wealth inequality grow RAPIDLY.  Suicide rates are skyrocketing, drug use is rampant, people are unhealthy.  Younger generations can't even afford houses anymore

What world are you living in if you say life has never been better?  Ya these iphone and itablets bring true joy to our lives..........................
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December 03, 2018, 04:08:44 PM

Capitulation is definitely in, every post is that crypto is going down and nothing can stop it. Coindesk is declaring it crypto winter and we need to wuick looking at the price. People are memeing that Bitcoin is just a downward ride.

It's here and we may have already hit bottom or not but we're fucking close with that continuous Doom and gloom mindset.

We won't have capitulated until we stop talking about capitulation. We won't have bottommed until we stop talking about bottoms.
Which includes bottom pictures?  Sad
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December 03, 2018, 04:08:58 PM



 Cheesy Grin Kiss

weeeeeeeeeee
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December 03, 2018, 04:12:20 PM


C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?

this depends entirely on the metrics you measure your quality of life with.  Also, as always, social class has a great influence.

I think I would be perfectly happy as a petty aristocrat in Roman Britain for example.  For many, a life in a clean and abundant environment with actual unclaimed wonder over the horizon would be far preferable to today's dystopian prison web of interstate highways and satellites.

Honestly I would rather live in hunter gatherer times. Before agriculture started
But they only lived 40 years if they were lucky.

Quote
Suicide was practically non existent among indigenous tribes.  It's clear that modern society is ruining peoples mental health and happiness.
There wasn't much time to think about suicide is my guess.
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December 03, 2018, 04:13:25 PM

I start to think that maybe we, humans, set ourselves on some kind of a suicide path.

I don't want to sound like Ibian, but we probably have headed our boat for catastrophe. Not much we can do now though. May as well enjoy Rome before it burns.
I don't understand what makes people subscribe to this narrative. What makes you think that we're heading for disaster when just about everything has been getting better on average for the past however many decades?

I'm more worried about a meteor smashing earth than humans fucking anything up before someone banking on a solution for whatever problem. And I'm not really worried at all.
http://people.uncw.edu/kozloffm/glubb.pdf

History repeats. It's much like the seasons, every time is different but the overall pattern remains. Things are shit, people make them better, then things turn to shit again. And the longer peace and prosperity reigns, the harder the fall.

All the signs are there. It will likely be a soviet style collapse, but this time on a large scale.

C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?
Which part didn't you understand? The better things are and the longer it goes on the worse it will be when it all ends.

As BITCOINMILLIONAIRE said, even if we were on the verge of an implosion/collapse, we would still end better than we were a few decades ago. It's not like we are going to go back to stone age.
Do you understand what a soviet style collapse implies?

Stalin, 50 million dead. Mao, even more, maybe as high as 100 million. Cambodia, a full third of the population died. And on and on. Two hundred million corpses give or take.

The EU wants an army, and at this rate they will get it. It will be used against the civilian population, just as the above gentlemen did.

Thousands of migrants are heading to the US border. They will be gunned down if they try to cross, or more will come, and it will never stop. In europe they are already here and entrenched. EU wants to make criticism of immigration illegal, and again, it will likely happen.

And of course we all know how the economy is doing.

If the US ends up losing its global leadership position, that will lead to chaos on a global scale as the power vacuum is filled by someone else.

It's a perfect storm of all the things that can go wrong all at once, and there are no positives of any meaningful impact.
The economy is doing fantastic. All those numbers are pretty irrelevant. Fact is, we have shit that kings a few decades ago couldn't have dreamed of. And at prices so low that even the lowest of plebs can afford them.

The probability of another soviet style collapse taking place in the west is also very low, much more so if you'd insist on a collapse of the entire western world simultaneously. Hence, in the worst case event that you imply there's room to relocate for anyone who prepared accordingly and then some.
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December 03, 2018, 04:19:32 PM

My one hope for crypto is that a big fat fish like amazon starts taking crypto as payment.. What we all really want. Is for Bitcoin to become the one and ONLY worldwide currency!

Why do you think that if people had the option to pay for things on Amazon with bitcoins that they would?

Would you?
Yes. Because I'd keep less in fiat due to ease of conversion despite the volatility.
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December 03, 2018, 04:19:58 PM
Merited by jbreher (1)

Capitulation is definitely in, every post is that crypto is going down and nothing can stop it. Coindesk is declaring it crypto winter and we need to wuick looking at the price. People are memeing that Bitcoin is just a downward ride.

It's here and we may have already hit bottom or not but we're fucking close with that continuous Doom and gloom mindset.

We won't have capitulated until we stop talking about capitulation. We won't have bottommed until we stop talking about bottoms.
Which includes bottom pictures?  Sad
That's what I'm here for, I followed booty pictures on Google images and accidentally ended up being invested into crypto and stressing about price on the daily.
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