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

[bitserve]

But this time is different!

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[rolling]

We didn’t break it until October 2015 (equivalent of October 2019) last time around.  Breaking it marked the very start of the bull market. 

I'm having a hard time believing the next bull run is going to follow the 2015-2017 cycle. The shorters and panic sellers did a good job of painting the charts to match the last draw down (human nature to find repeating patterns) but I don't think they're going to have as much control over the next rise. The dynamics are different now. When people see the price rise, they're going to think it's 2017 again, not 2015.

I also think the next bull run is going to be different, but in the opposite way. Too many old schoolers have been blind enough not to cash out at or near the last ATH. I think those guys will sell a pretty chunk between 10k and 20k, so a tentative parabolic rise could well stop short of breaking through the roof.

Really anything is possible but $100k is my target to sell a little bit and I have held that view since 2013. I think there are a lot more like me out there. $15k-$20k will free up some coins for sure but not as many as you might think.

[JayJuanGee]

We didn’t break it until October 2015 (equivalent of October 2019) last time around.  Breaking it marked the very start of the bull market.  

I'm having a hard time believing the next bull run is going to follow the 2015-2017 cycle. The shorters and panic sellers did a good job of painting the charts to match the last draw down (human nature to find repeating patterns) but I don't think they're going to have as much control over the next rise. The dynamics are different now. When people see the price rise, they're going to think it's 2017 again, not 2015.

I also think the next bull run is going to be different, but in the opposite way. Too many old schoolers have been blind enough not to cash out at or near the last ATH. I think those guys will sell a pretty chunk between 10k and 20k, so a tentative parabolic rise could well stop short of breaking through the roof.

The same is said, every time.

You are not saying anything new.

There are a lot of threads on this forum in which a bunch of peeps are asserting that they would sell before $1k or $2k.. .blah blah blah.. but when push comes to shove, the supposed selling ["this time"] does not make any kind of significant difference.

Edit:
O.k.... I got beaten to this... (gentlemand/bitserve) but, so what, I am going to let my phraseology stand.

[jojo69]

oh boy

[HairyMaclairy]

I haven’t seen green shaved candles like that in a while

[Bitcoinaire]

We're now post bubble for the first time with actual legitimacy, CME/CBOE futures. Add in Bakkt, fidelity, NASDAQ, etc., we're in uncharted territory. This next bubble could be the "Big One."

[gentlemand]

We're now post bubble for the first time with actual legitimacy, CME/CBOE futures. Add in Bakkt, fidelity, NASDAQ, etc., we're in uncharted territory. This next bubble could be the "Big One."

Give it just a teensy weensy bit more time? Maybe 2-3 months rather than days?

What would delight a whale more than to get your hopes up for Christmas and then slide his gnarled, warty phallus so far up you that it pushes your Christmas pudding back out your nostrils.

[d_eddie]

I'm feeling an end of year play that ends with a bitter present.
Did Rosewater come out of that closet yet?

[d_eddie]

This time gentlemand beat me to it 

[bitserve]

It was a long time since I didn't enjoy watching the live charts.

[goldkingcoiner]

3835 ceiling here we come. Maybe even 4k soon! HOW AM I NOT THE LUCKIEST FUCKER WHO EVER DID FUCKED?

Crazy fuckers and their 80x long, you brave lucky man. I think we're past the bottom but this could be a hell of a bull trap.

Thank you. I am going to be very happy with any profits beyond this points really.

Aren't you worried about how long you will live?

If you're a purple bloated leaking gasbag with millipedes crawling out your eye sockets then you tend not to worry about such things any more.

Anyway I remember you offering Rpietlia some health advice once upon a time and look what happened to him.

I think Rpietlia didn't need physical health advice. His reactions to events just seemed to follow a bipolar schedule.

If you ever saw pictures of him, it was not a pretty sight.  Looked pale and like a kind of skinny/fat.... like he had never worked out a day in his life, and also, he said that he was smoking cigars.  Did not seem like a energy production combination, which could even contribute to the seeming pickled vegetative state of his brain - the likely chemical imbalances.

Gunna need a pic, bud.

[bitserve]

Gunna need a pic, bud.

[gentlemand]

Gunna need a pic, bud.

He's probably performing on Chaturbate these days. Ask around and then lie back and enjoy.

[goldkingcoiner]

Gunna need a pic, bud.

Roach?

[bitserve]

No, rpietila. I have added more pictures for your pleasure.

[d_eddie]

Gunna need a pic, bud.

Roach?

Wasting all that fine bullion on crockery and cutlery? I think not.

[gentlemand]

Wasting all that fine bullion on crockery and cutlery? I think not.

His castle burnt down recently so it's probably all there waiting to be recast.

He's certainly one of the more, er, storied individuals who showed up here.

[jojo69]

that is a pretty nice stack of .925 plate

[goldkingcoiner]

Alright 3583 stop loss. Good night. Hope you guys learn from me. Dumb luck and alcohol is all you need in life.

[bitserve]

The most exciting trade of your fucking life and you are going to SLEEP? Nuts!