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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25496173 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. (158 posts by 14 users with 9 merit deleted.)
ivomm
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December 06, 2018, 01:23:54 PM

I just bought some more with my salary. The SEPA transfer in Coinbase  arrived in 1 day. Looking at Bitfinex I feel sorry for all those n00bs selling hundreds of bitcoins at this price. I understand that some will buy again if the bull run is resumed. But will they sleep well, knowing that during the night the price can go up 10-15% and never return? What are they hoping for? A drop to 3K? At Bitfinex there is 12.5K BTC support down to that price (1K added in the last few hours). Good luck with the dream that it can go to $1k!  Grin But even with this price it will take less than a year to reach 10K, possibly 20K after the halvening in 2020. The only question is not if we will go to the ATH again, but whether to take the risk and sell during a RSA peak and rebuy lower? (Provided that you are not happy with the stash you have.) IMO if you are happy, it's better to wait than to lose a portion of it due to a bad decision. From my personal experience as a "trader", I lost way more bitcoins than I gained. If only I hodled instead of trading, I could have had 10 times more.  Smiley
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gentlemand
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December 06, 2018, 01:33:11 PM

Looking at Bitfinex I feel sorry for all those n00bs selling hundreds of bitcoins at this price. I understand that some will buy again if the bull run is resumed.

You think anyone selling now is a noob? They'll be hard core traders. And I doubt Bitfinex has many noobs any more. There are much more welcoming places for them.
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December 06, 2018, 01:33:51 PM
Last edit: December 06, 2018, 01:47:53 PM by bitserve

I am mostly sitting on my hands.

No selling, no buying either... except for some smallish scalping here and there. Just hodling it all. I don't see any clear signals... except the situation looks bearish. But at the same time I think we are near the bottom.

Knowing for the next couple of months it could either pump or dump violently at any moment. Sideways for the next two months would be bullish medium term though.

BLah, I just don't fucking know.

Probably will make some FIAT deposit (which I haven't since July'17) in the next days to be ready for XMAS/New year and use it if I see things clearer by then.
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December 06, 2018, 01:39:13 PM

Quote
Erik Finman was introduced to bitcoin in 2012 by his older brother, who sent him 0.2 bitcoins just for him to get a feel of the cryptocurrency. Later on, his grandmother gave him a $1,000 gift for Easter. Then 15-year-old Erik decided to buy bitcoins with the money and, a year and a half later, he sold those bitcoins for $100,000 – an incredible return on investment (ROI)
Do not know how many people can do it like him  Sad
bitserve
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December 06, 2018, 01:39:57 PM


All commentators saying the same thing. This one is fully expecting capitulation level around $800=$1200.

https://www.youtube.com/watch?v=joj5zefl9d0



But I am one of those folks who sat through the 2014 bear and - as a previous poster remarked - my hide is made of concrete Wink I already knew way back that a revisit to the $1000 level was possibly on the cards.

Yes.. not so difficult.  We can sit through a year or two below $2k. It will shake out the worst speculative element.

If that were to happen. For sure absolutely no weak hands would be left.
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December 06, 2018, 01:40:49 PM

BLah, I just don't fucking know.

As everyone I'd say.

People saying they "know" right now are either liars or fucking magician.

Seems bearish that's for sure... But at such low prices we can get a +50% in a matter of hours.
Still i'm daytrading a bit. As long as you don't do it with too much of your balance I actually find it pretty rewarding.  Shocked
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December 06, 2018, 01:46:23 PM

I hear that Thursdays are for meeting a nice Jewish girl before the Sabbath


Oy Vey! My Shalom!
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December 06, 2018, 01:49:06 PM

(Preface: Apologies, in advance for this, but I need to make an attempt to try using my unique... uhm... abilities to fuck up every call I have ever made, here...)

Well, watching the markets over the last 48 hours is looking pretty grim.

There is a palpable terror forming in the air. The winds of change blow cold and begin to induce involuntary, organic systemic shutdown. The Eldritch, Older Gods begin to twitch as their fevered nightmares stir them towards wakefulness.

A single bubble of psychic shock begins it's slow ascent to the surface, from the blackened deep.

Somewhere, a Greek fishing boat leaves port.

Do you feel it in your heart ?

Are you feeling out of sort ?

There are no heroes.

We are going to zero.



Fuck it I'll buy $2,000 worth at 1 penny each.
kingcolex
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December 06, 2018, 01:52:11 PM

I know I'm multi posting like a mother fucker but whatever I'm catching up this morning. Look at that hell up a dip we're having right now, $3,500 incoming. I wonder where we will hold at.
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December 06, 2018, 01:58:48 PM

So you're a double idiot congrats  Grin

Who is this Legendary without a hat?

 I actually began working on a hat for m0gliE yesterday but I got waylaid by a night shift.  Trying to pick up where I left off but eyes closing, head nodding... need... sleep

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December 06, 2018, 02:01:18 PM

So you're a double idiot congrats  Grin

Who is this Legendary without a hat?

 I actually began working on a hat for m0gliE yesterday but I got waylaid by a night shift.  Trying to pick up where I left off but eyes closing, head nodding... need... sleep



Wahou?  Shocked

Well I'm pretty impatient now! Take your time though!
I'm honestly genuily excited about the incoming hat, feels like being part of a community  Shocked
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December 06, 2018, 02:17:52 PM

I know I'm multi posting like a mother fucker but whatever I'm catching up this morning. Look at that hell up a dip we're having right now, $3,500 incoming. I wonder where we will hold at.

40k.....60k somewhere Roll Eyes
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December 06, 2018, 02:19:21 PM

So you're a double idiot congrats  Grin

Who is this Legendary without a hat?

 I actually began working on a hat for m0gliE yesterday but I got waylaid by a night shift.  Trying to pick up where I left off but eyes closing, head nodding... need... sleep



Take a good sleep  XhomerX
Its well deserved Wink
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December 06, 2018, 02:21:24 PM

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/
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December 06, 2018, 02:22:54 PM

fml
empowering
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December 06, 2018, 02:23:38 PM
Last edit: December 06, 2018, 02:36:03 PM by empowering

I know I'm multi posting like a mother fucker but whatever I'm catching up this morning. Look at that hell up a dip we're having right now, $3,500 incoming. I wonder where we will hold at.


If we continue on this trend channel, which I think there is a good chance we will then here are potential support zones imo

Should we retest the yearly low as I fully expected us to do , then should that not hold on this touch then I see

$2975 - 3200 weak support

$2800- $2900 stronger support

$2400 stronger support - $2200 even stronger support  (if $2800 breaks I half expect the mid  $2000s to melt like butter)

$1800 -$1900  some potential support (don't hold much hope for this holding if we test it, I suspect the fear will be too great)
`
$1500 (?) psychological support possible (I suppose not holding my breath)  

$1000- $1200 Very strong support (in theory, but the fear index would be breaking the dial)

$0-$750 - I am buying shitcoins for 1 satoshi


Not 100% convinced this is the real doom, could be just a tease run, but we are at a potential short term decision point here (next stop retest of that yearly low)   but still I don't think we have had all of the pain yet, even if we do have another brief (?) relief rally in the meantime....


(Volume - I want to see higher volume bounces, otherwise we are still in soggy bottom territory)

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December 06, 2018, 02:28:15 PM

On the positive side I won't be paying much in taxes this year on the hoard. More like a little pile these days, ah well.
bitserve
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December 06, 2018, 02:32:06 PM

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.
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December 06, 2018, 02:34:07 PM
Merited by BobLawblaw (1)

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

I got Cortana to read it out loud while I touched myself.
ivomm
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December 06, 2018, 02:35:45 PM

SV crap pumped by CW.  Grin Grin Grin What a loser  Cheesy Cheesy Cheesy
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