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Question: Highest price we'll see in 2022:
50,000 - 0 (0%)
60,000 - 0 (0%)
70,000 - 0 (0%)
80,000 - 0 (0%)
90,000 - 0 (0%)
100,000 - 0 (0%)
125,000 - 0 (0%)
150,000 - 0 (0%)
175,000 - 0 (0%)
200,000 - 0 (0%)
225,000 - 0 (0%)
250,000 - 0 (0%)
275,000 - 0 (0%)
300,000 - 0 (0%)
>300,000 - 0 (0%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25529871 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.)
bitserve
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December 07, 2018, 06:13:26 PM

Everyone's panicing and watching the price melt and here I am trading shitcoins trying to profit off margins.

Cool. You can buy everyone in this thread an MSI to cheer them up.
Yeah off my $4 profit per trade that makes a day to fucking fill. Who wants msi boxes?

I only trade with a handful of play money, I don't plan on losing a chunk of btc for fucking around.

Please stop boasting about your riches. It's disgusting and we are struggling to capitulate.
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HairyMaclairy
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December 07, 2018, 06:15:37 PM
Merited by LFC_Bitcoin (2)

How you feeling Hairy?
Worried, concerned?

The price is tracking nicely to the model so far, albeit slightly ahead of schedule.  Am not in any rush and think that whatever range we settle at, we should be there for awhile.  The market needs time more than anything else.  

In the very short term, we are due a bounce / bull trap lasting a couple of weeks.  

Looking at it through a 10 year time horizon, this is an extraordinary opportunity.  

So not particularly fussed.
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December 07, 2018, 06:20:38 PM



Grey total open interest
Yellow ratio
Green longs
Red shorts

Shorts at ATH but longs refusing to capitulate
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December 07, 2018, 06:22:30 PM

How you feeling Hairy?
Worried, concerned?

The price is tracking nicely to the model so far, albeit slightly ahead of schedule.  Am not in any rush and think that whatever range we settle at, we should be there for awhile.  The market needs time more than anything else.  

In the very short term, we are due a bounce / bull trap lasting a couple of weeks.  

Looking at it through a 10 year time horizon, this is an extraordinary opportunity.  

So not particularly fussed.  

I can wait 10 years if I have to but I was hoping I’d be pretty rich around 12 months after the next halvening.
I was close to being a millionaire GBP wise at the ATH (obviously that’s gone to shit now but I’ve sold nothing).

I was hoping to be 75% sold out of bitcoin in approx 2022 never having to even think about what I’m spending ever again.

10 years is a little long but I can wait.

This just seems a lot worse than the last long bear market as obviously I have a lot to lose this time.
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December 07, 2018, 06:26:17 PM

How you feeling Hairy?
Worried, concerned?

The price is tracking nicely to the model so far, albeit slightly ahead of schedule.  Am not in any rush and think that whatever range we settle at, we should be there for awhile.  The market needs time more than anything else.  

In the very short term, we are due a bounce / bull trap lasting a couple of weeks.  

Looking at it through a 10 year time horizon, this is an extraordinary opportunity.  

So not particularly fussed.

10 years is a lot of time... I mean, 10 years from now... When I started in 2013 10 years was my idea of long term and perfectly ok... but another 10 years? You are hurting my feelings now.

Anyway... know what? I feel like more relaxed now that I have lost so much of papers profits than when I had much more to lose. It's weird. Now it is starting to be a fun game again!

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December 07, 2018, 06:27:01 PM

Everyone's panicing and watching the price melt and here I am trading shitcoins trying to profit off margins.

Cool. You can buy everyone in this thread an MSI to cheer them up.
Yeah off my $4 profit per trade that makes a day to fucking fill. Who wants msi boxes?

I only trade with a handful of play money, I don't plan on losing a chunk of btc for fucking around.

Please stop boasting about your riches. It's disgusting and we are struggling to capitulate.
I know not everyone can be a master trader like me but don't take my fame from me. Next I'll start up a trading YouTube channel.
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December 07, 2018, 06:29:14 PM

Ok, so Proudhon popped his head up in here ? Thank you btc gods, for giving us a sign...

Proudhon normally appears at the ATH.
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December 07, 2018, 06:38:01 PM

Don't read too much into the 10 years.  It was meant as a metaphor for "long term".

I stand by my previous prediction that honey badger will go super-parabolic again after the next halvening. 
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December 07, 2018, 06:38:20 PM

https://i.imgur.com/44onN5h.png
who is who in this drawing  Tongue

Seasoned. Substitute steaming liquid beverage for vapor clouds and cold beers, however.

In this moment, I am the honey-badger.

But it is your first bear market, ain't it? I mean, didn't you start in 2014/15?
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December 07, 2018, 06:38:48 PM

https://i.imgur.com/44onN5h.png
who is who in this drawing  Tongue

Seasoned. Substitute steaming liquid beverage for vapor clouds and cold beers, however.

In this moment, I am the honey-badger.

via Imgflip Meme Generator

Yeah we all are
HAThoneybadgers
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December 07, 2018, 06:41:29 PM

https://i.imgur.com/44onN5h.png
who is who in this drawing  Tongue

Seasoned. Substitute steaming liquid beverage for vapor clouds and cold beers, however.

In this moment, I am the honey-badger.

But it is your first bear market, ain't it? I mean, didn't you start in 2014/15?

My start was when BTC was back @350-ish and started its BULLrun
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December 07, 2018, 06:42:43 PM

LeL I am now below my average cost per btc.

It is my turn to feel the pain.

Coulda cashed out from 3.8k and bought back. Didn't. What did I do instead? Bought more.  Grin

Nothing wrong with buying more, especially when the price is already nearly 84% down from its $19,666 top, and even at $3,800 it would have ben down nearly 81% from its top, so buying anywhere in this area, even if BTC prices do happen to go down to $1k (which I hope that they will not, but they could), still seems to be a decent time to be buying - even though there seem to be some buying contra-indications, including that the price is falling so fast that it could be prudent to wait, too... (the catching a falling knife difficulty (and pain)).
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December 07, 2018, 06:42:59 PM

First piece of the evening covered..... tired AF
Perfect time for foods and booze
Curious if the trend is gonna affectie my meal and drinking of this evening Roll Eyes
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December 07, 2018, 06:48:50 PM

https://i.imgur.com/44onN5h.png
who is who in this drawing  Tongue

Seasoned. Substitute steaming liquid beverage for vapor clouds and cold beers, however.

In this moment, I am the honey-badger.

But it is your first bear market, ain't it? I mean, didn't you start in 2014/15?

My start was when BTC was back @350-ish and started its BULLrun


Hey 'Goose..I watched that Korean film you recommended last night "I Saw The Devil" and it was very entertaining - thanks for the tip

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December 07, 2018, 06:51:52 PM

The order books are extremely thick on the buy side. Big balls needed to short from here.
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December 07, 2018, 06:52:11 PM

why ETH falls stronger than bitcoin? Competitor's problems should be beneficial, not the other way around


Because the herd alphas are beginning to realize it's fundamentally a bad design and it's goals will be reached on layer 2 networks archored to Bitcoin layer 1.

Most of the rest won't realize what is happening until it's too late.
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December 07, 2018, 06:53:56 PM

why ETH falls stronger than bitcoin? Competitor's problems should be beneficial, not the other way around

altcoins are correlated to bitcoin, no exceptions. in a bear market, they always fall harder than bitcoin. this makes sense: in a market contraction, higher risk and more speculative assets suffer the most.

bitcoin and altcoins aren't competitors. their relationship is symbiotic, really.

the rest are not, but the ETH is, it is a contender for the first place https://bitcointalk.org/index.php?topic=428589.msg48412665#msg48412665



We're still not past the flippening nonsense!?

Shh... no we are... we are.

But he's sleeping there, can't you see?  Don't wake him.
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December 07, 2018, 06:58:22 PM

There was so much Bitfinex fraud involved in raising the price of Bitcoin, I will not be surprised however low it finally implodes to.  Here's one of my posts from a long time ago when it was around $1000:

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December 07, 2018, 06:58:59 PM
Last edit: December 08, 2018, 08:24:15 AM by HairyMaclairy

Consensys layoffs.  

https://www.coindesk.com/consensys-confirms-layoffs-projecting-13-of-staff-at-startups-to-be-cut/

Starting to feel a bit capitulationish.  

Still might need Consensys to be broken up entirely but it’s a start.
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December 07, 2018, 07:00:12 PM

This year has really sucked. Coins I sold in 2018 to cover operating expenses have an average sale price of $6400, which is a pittance compared to the 14-18k runups last year. And buying those coins back now is only going to be at 3200, barely a 100% profit.

Blahrgh. Still, it is nice of Jihan and Wu and the other flunkies to be giving out coinz. And it gives me a new floor when prices go back to the 6-7k range....



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