Bitcoin Forum
November 28, 2021, 01:57:48 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 42 (38.2%)
No - 68 (61.8%)
Total Voters: 110

Pages: « 1 ... 21913 21914 21915 21916 21917 21918 21919 21920 21921 21922 21923 21924 21925 21926 21927 21928 21929 21930 21931 21932 21933 21934 21935 21936 21937 21938 21939 21940 21941 21942 21943 21944 21945 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 [21963] 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 21974 21975 21976 21977 21978 21979 21980 21981 21982 21983 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 21996 21997 21998 21999 22000 22001 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 ... 29908 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25490393 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.)
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7232


Observing No-Coiners.


View Profile
December 13, 2018, 11:07:57 AM

There is an excellent article which I read which explains why odds are stacked against shorts in the long run.  Shorting is always a short term play.  I am going to try to find it.  

hope you can find it, like to read it Smiley
1638064668
Hero Member
*
Offline Offline

Posts: 1638064668

View Profile Personal Message (Offline)

Ignore
1638064668
Reply with quote  #2

1638064668
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Phil_S
Legendary
*
Offline Offline

Activity: 1596
Merit: 1146


We choose to go to the moon


View Profile
December 13, 2018, 11:08:34 AM

Speaking of... my favorite 24-hour average and two parallel lines:





Two random parallel lines? Or is there a reason why certain price extremes were disregarded while others were not?

Older stuff (more than 11 months) disregarded. Last 11 months fit inside, between the lines.
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7232


Observing No-Coiners.


View Profile
December 13, 2018, 11:14:34 AM



in belgium this was on the news few times during the day.... about that "cryptohuis" first real shop in belgium where you can go to let the guys buy and manage crypto or something (doesn't look to bad already put it in here before)
but news on TV is news Roll Eyes
hope i have some time next week to check it out there

curious what they will try to sell me Wink
kurious
Legendary
*
Offline Offline

Activity: 2506
Merit: 1615



View Profile
December 13, 2018, 11:14:38 AM

Hmm...  To me, it looks like (but for the last few weeks) it was a triangle.

A triangle we fell out of the bottom of.

But hey, what do I know?
Phil_S
Legendary
*
Offline Offline

Activity: 1596
Merit: 1146


We choose to go to the moon


View Profile
December 13, 2018, 11:18:52 AM

Triangle is old news. The question is: where we're now?
Totscha
Hero Member
*****
Offline Offline

Activity: 1276
Merit: 622



View Profile
December 13, 2018, 11:28:02 AM

Triangle is old news. The question is: where we're now?

I'll tell you in six months Wink
Majormax
Legendary
*
Offline Offline

Activity: 2506
Merit: 1115


View Profile WWW
December 13, 2018, 11:32:09 AM

The way I see it, a retail investor or institutional money would likely choose the real thing (settled in kind) over paper stuff that eventually goes bust. Ease of physical delivery is the winning property.

Sadly as it stands I think it's the opposite.

They're used to paper.  Everything they do is built around it. The futures are provided by names they trust, unlike the physical options. Like most people here they're only after more dollars but at least they're happy to admit it.

They'll have to be dragged into thinking physical is to their benefit. It's alien to how they operate.

There would need to be an army of non traditional finance believers and players to take command of the price via physical options for them to pay attention.

Is that not the same for BTC ?

Most ppl are after more dollars.  When the $$ price of BTC falls it is bad news for them. They are treating BTC like a stock/commodity, and most have an intention to sell (usually only a portion) for fiat.

That makes a lot of intended sales hanging over the market. This could be a very long bear market. I would guess the price needs to get low enough so that every potential seller has actually sold (fear) or is going to hodl (to 0 if needed) because the value of their holding is not enough to be worried about.

Simple Trading Psychology.
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7232


Observing No-Coiners.


View Profile
December 13, 2018, 11:38:10 AM

LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2632
Merit: 5700


One of the world's leading Bitcoin-powered casinos


View Profile
December 13, 2018, 11:40:56 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!
Yeah, the last consistent crash was on 6 Dec. Perhaps it will stagnate for another week and then something will happen.

Let's also consider some alt prices are very low, if BTC will crash again they could worth a penny, which would be ok for a consequent and fast bull run though.

I’m holding a bag of XRP. Not really bothered about it because I have a hell of a lot more bitcoin but it’s nice to have a bit of something somewhere else. You never know if XRP went to $50-$100 each or something that’d make me a lot of money too.

HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 13, 2018, 11:43:37 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

I agree but I think we will be in this hole or lower until late 2019.  A February recovery is too early for me.  I am buying now just to hedge in case I am wrong.   
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7232


Observing No-Coiners.


View Profile
December 13, 2018, 11:47:44 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

I agree but I think we will be in this hole or lower until late 2019.  A February recovery is too early for me.  I am buying now just to hedge in case I am wrong.   

i'm a bit curious, lets say it goes how you are saying it .... longterm that major bullish (and for you best work out road for BTC?) as in healthy etc

let say theres a recovery much sooner ... february-march-may, and a BIG BULLrun following , would you say its more bad or ?

or all the same but just another unexpected road followed by BTC?
somac.
Hero Member
*****
Offline Offline

Activity: 1507
Merit: 671

Never selling, even for massive profits.


View Profile
December 13, 2018, 11:49:05 AM
Merited by Toxic2040 (1)

I don't know if anyone here makes much use of archive.org, but I dabble around with some old 80s computers every now and again and their wayback machine is very helpful for this hobby. In particular, finding old sites that no longer exist. They also have a large collection of old computer magazines that are also a great help.

Anyway, they are looking for donations at the moment with some rich donor matching all donations, and they accept bitcoin, so I decided to send then a bit. Some of you here might be interested in doing the same.
bitmover
Legendary
*
Offline Offline

Activity: 1400
Merit: 2959



View Profile WWW
December 13, 2018, 12:00:08 PM

$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

It really looks like a good opportunity to buy...
But I believe we are going down even further. I will sell some and rebuy. I just can't see my bags growing heavier if we hit 1500-2500...
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 13, 2018, 12:04:47 PM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

I agree but I think we will be in this hole or lower until late 2019.  A February recovery is too early for me.  I am buying now just to hedge in case I am wrong.   

i'm a bit curious, lets say it goes how you are saying it .... longterm that major bullish (and for you best work out road for BTC?) as in healthy etc

let say theres a recovery much sooner ... february-march-may, and a BIG BULLrun following , would you say its more bad or ?

or all the same but just another unexpected road followed by BTC?

I think we have gone deep enough that this could be a base for the next bull run (from a technical / charting perspective), especially if we steeply climbed back of our current hole and leveled off at $6k. 

That would be hugely bullish.  I also think it highly unlikely.  I don’t think we will see $6k again before 2020. 
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2632
Merit: 5700


One of the world's leading Bitcoin-powered casinos


View Profile
December 13, 2018, 12:06:09 PM

$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

It really looks like a good opportunity to buy...
But I believe we are going down even further. I will sell some and rebuy. I just can't see my bags growing heavier if we hit 1500-2500...

Good luck but I’d hate to sell & then not be able to afford to rebuy if the price went up from my sell point.
It’s why I don’t actively trade, I just buy & HODL (apart from when I got all my free BCH & BTG - I transferred them into bitcoin & spent them).
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 13, 2018, 12:06:31 PM

$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

It really looks like a good opportunity to buy...
But I believe we are going down even further. I will sell some and rebuy. I just can't see my bags growing heavier if we hit 1500-2500...

Hi

I would be interested to know more.  Can you tell us whether you have sold some previously since the peak, and your thinking?
luckygenough56
Legendary
*
Offline Offline

Activity: 1512
Merit: 1012



View Profile
December 13, 2018, 12:07:24 PM

i bought a bit more just in case but most of my ammo still not loaded, will average down anyway if needed

looks like we're in a mini triangle, breakout soon up or down imo
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 13, 2018, 12:12:44 PM

i bought a bit more just in case but most of my ammo still not loaded, will average down anyway if needed

looks like we're in a mini triangle, breakout soon up or down imo

It’s a 10 month downtrend.  Odds are you break down. Trend is your friend.   Eventually you will break up but you don’t know when that will be.  
Phil_S
Legendary
*
Offline Offline

Activity: 1596
Merit: 1146


We choose to go to the moon


View Profile
December 13, 2018, 12:12:59 PM

Yeah, mini triangle is very visible. Maybe we'll go up this time. A little bit.
gentlemand
Legendary
*
Offline Offline

Activity: 2576
Merit: 2968


Welt Am Draht


View Profile
December 13, 2018, 12:13:46 PM

It really looks like a good opportunity to buy...
But I believe we are going down even further. I will sell some and rebuy. I just can't see my bags growing heavier if we hit 1500-2500...

Did you do the same at $20,000?

Cos that was ever so slightly a better time to do it.
Pages: « 1 ... 21913 21914 21915 21916 21917 21918 21919 21920 21921 21922 21923 21924 21925 21926 21927 21928 21929 21930 21931 21932 21933 21934 21935 21936 21937 21938 21939 21940 21941 21942 21943 21944 21945 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 [21963] 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 21974 21975 21976 21977 21978 21979 21980 21981 21982 21983 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 21996 21997 21998 21999 22000 22001 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 ... 29908 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!