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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
Total Voters: 116

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25496170 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.)
luckygenough56
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December 15, 2018, 10:11:39 AM

Sometimes i think it only needs 17 millions people to buy one bitcoin and hold, and then the price seems strangely ridiculously low
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Last of the V8s
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December 15, 2018, 10:17:23 AM

https://www.youtube.com/watch?v=YzC52BNPIK8

forget wall watching

LIVE! A Very Terry Christmas: Cozy 24-Hour Painting Sesh with Terry Crews
bitserve
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December 15, 2018, 10:28:47 AM
Last edit: December 15, 2018, 10:41:15 AM by bitserve

This night I dreamt Bitcoin had dropped to $2500. It was so convincing that's what I expected to see when I check the price. But it is $3153 so.... why are you guys complaining?

It's a $600+ pump from my dream. Everything is fine.
Last of the V8s
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December 15, 2018, 10:40:21 AM

In socialist utopia dreams dump you. Roll Eyes
kingcolex
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December 15, 2018, 10:42:44 AM

This is just fucking depressing.
bitserve
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December 15, 2018, 10:51:47 AM

Instant PayPal withdrawals now available for all U.S. customers.

https://www.coinbase.com/12-days?utm_medium=social&utm_source=twitter&utm_campaign=12-days

https://blog.coinbase.com/instant-paypal-withdrawals-now-available-for-all-u-s-customers-58b2958a13aa

Currently, customers are only able to use PayPal to withdraw or sell, and transaction availability depends on region. Coinbase does not support the ability to purchase digital currency using your PayPal account.



Sorry, but who here cares? here is paypal and here is bitcoin. these two don't need to cross path.


Maybe there are many people who prefer to use this method to withdraw their cash.
I do not have an account in Coinbase, but I found it interesting.

Yes, very interesting. As most of my purchases are using Paypal it makes sense to top the account with some funds. Not that I would trust Paypal for storing any considerable amount of money though. They have a vast history of fund/account freezing for all sort of nonsense reasons.
bitserve
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December 15, 2018, 10:57:48 AM

Sometimes i think it only needs 17 millions people to buy one bitcoin and hold, and then the price seems strangely ridiculously low

Yes... but I am sure currently there are MUCH less than 1 million people hodling a minimum of 1BTC. OTOH there are people with thousands BTC to compensate for that current lack of adoption.
Toxic2040
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December 15, 2018, 10:58:05 AM

Hodl on to your hat's...


1h


4h



I had been thinking the $3k area for a possible bounce location but maybe its been the -0.618 fib all along..  Its always the -0.618 isn't it?
D

#stronghands
bitserve
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December 15, 2018, 11:00:59 AM

^$1731? Ugh.... That doesn't look good at all.
kingcolex
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December 15, 2018, 11:09:52 AM

^$1731? Ugh.... That doesn't look good at all.
I'm not enjoying the sound of it, hopefully we don't drop below$3k and the recovery starts, but realistically I feel at minimum a flash crash into upper 2's and a bounce.
bitserve
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December 15, 2018, 11:11:08 AM

^$1731? Ugh.... That doesn't look good at all.
I'm not enjoying the sound of it, hopefully we don't drop below$3k and the recovery starts, but realistically I feel at minimum a flash crash into upper 2's and a bounce.

Yes...


https://www.coindesk.com/when-theres-blood-in-the-street-why-its-not-quite-time-to-be-long-crypto
luckygenough56
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December 15, 2018, 11:13:23 AM

Lots of people supporting the 2800-2900 bounce on tradingview, well it's the most obvious scenario short term.

Just hoping it doesn't give whales the bad idea to do otherwise  Cheesy

Its always the -0.618 isn't it?

Yeah...Of course i get it huh. Wait...what ?

 Cheesy
Toxic2040
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December 15, 2018, 11:20:25 AM

That is my worst cast scenario..  *shrugs*  The longer we do this slow bleed-off the greater the probability that we could see sub $2k imho.

Regressions suggest that the upward trend line indicated here will carry us to 2020. My only question really is when and where we connect with it. #dyor

W



That all being said...this was my choice in the poll..so there is that...

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December 15, 2018, 11:24:12 AM

Lots of people supporting the 2800-2900 bounce on tradingview, well it's the most obvious scenario short term.

Just hoping it doesn't give whales the bad idea to do otherwise  Cheesy

Its always the -0.618 isn't it?

Yeah...Of course i get it huh. Wait...what ?

 Cheesy


https://en.wikipedia.org/wiki/Golden_ratio
luckygenough56
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December 15, 2018, 11:29:45 AM




bitserve
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December 15, 2018, 11:34:50 AM

https://messari.substack.com/p/tax-loss-selling-unqualified-opinions
bitserve
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December 15, 2018, 11:48:26 AM

If we don't see a bounce, this place will soon be known as the Wailing WALL.
wayna
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December 15, 2018, 11:52:20 AM

Sometimes i think it only needs 17 millions people to buy one bitcoin and hold, and then the price seems strangely ridiculously low
In addition, we should consider all the lost BTC which means the number you exposed is even lower.
Globb0
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December 15, 2018, 12:05:58 PM

Fortunately it all looks so doom. It must be harder to trick people by dumping it lower as people are coming to expect it.

bitserve
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December 15, 2018, 12:09:45 PM

Fortunately it all looks so doom. It must be harder to trick people by dumping it lower as people are coming to expect it.



In the meantime, what we can do is prepare some good fiat stash for when/if that doom scenario happens. Buying right now, not so sure. Buying soon, most certainly.
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