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

[infofront]

UTXO analysis indicates we may be very close to or just past the bottom.

Data from the notorious 2014 into 2015 bear market shows that once 1 year+ UXTO jumped back above 50%, Bitcoin’s price bottom followed soon after. According to current bear market data, 1 year+ UXTO climbed back up over 50% recently, just before Bitcoin’s free fall toward its 2018 low of $3,250.

[Paashaas]

[xhomerx10]

BTW

That DT thread in meta is counting pages AF.....
For trust I just Said, that i only trust a member that have a HAT fixed by XhomerX, cause he wouldn’t give 1 to a scammer
It seems it was the wrong place to write that (btw Some good trustworthy in here whiteout HATs as wel .... LFC, raja etc)


That trust thing is just very complicated can’t make shit of it

 Thanks for the vote of confidence MicG.  I would never knowingly make a hat for a scammer but as I have seen in my time here, people who seem trustworthy occasionally screw off with your investment monies.  I'm still puzzled by the friedcat  disappearance though ..

[HairyMaclairy]

Couldn’t have happened to a nicer guy

[jojo69]

How to go broke manufacturing money printing machines...lol.

[HI-TEC99]

WTF is a lite-sync and how does it work?

Is it different to a headers only sync?

[d_eddie]

r0achie, fork off here:

https://bitcointalk.org/index.php?topic=5094269.msg49137054#msg49137054

Or he could try sending a message to Trisolaris.

Duck! Sophon incoming!

Quack quack!

Hmm. Now you've lost me.

'Course it's been a while since I read the trilogy.

I was acting out the "Duck" part.

[bitebits]

+1 (this merit thing is starting to get annoying for WO leechers)

send him yours

especially you with that pacman avatar

why isn't that on a HAT yet ??

 It would probably be too small in the patch plus he can't part with his avatar.

OK Homer, I capitulate. If you somehow manage a themed hat I will wear it with pride.



Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL.
Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way.

[JayJuanGee]

Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL.
Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way.

I think that you are correct by 1) establishing your budget and your target buy points and attempting to stick to your plan and 2) assessing, from time to time, whether you believe that market conditions might justify that you tweak your plan to some reasonable degree.  Frequently, there can be a considerable degree of ongoing tension regarding whether tweaking is prudent or just to maintain the original plan.  Furthermore, the initial thoughts about tweaking might lead you to a compromise tweak, rather than the more extreme version that initially came to you.

[LFC_Bitcoin]

Buying £500 worth today, accumulation bitches!

[STT]

Theres nothing substantially different in that new ETF proposal that it will get passed, the only one I rate as a maybe is the ETF based on the futures contracts because that would employ further regulation in the process.  That seems to be their main objection that foreign exchanges are unknown to them as to accuracy and any regulation and anti corruption drive, they dont want an ETF given to every pension fund based off something unregulated by them.

I think BTC is in a range of about 3500 to 3700 short term.  Below the 8 day average, broken back below 50 day so basically sideways.

[Globb0]

I can think of at least one strong reason why satoshi would like to sow doubt about his existence.

So in your example of a possible scenario he (Satoshi) would come out and pretend to be a total dick to not be outed properly as a genius?

[VB1001]

Bitcoin Holder Analysis Through Cycles

Delphi Digital / UTXO

Interesting analysis.

https://bitcoinmagazine.com/articles/research-firm-charts-unspent-btc-and-calls-market-bottom-q1-2019/

Ok, already published by infofront, I'm sorry I'm with the phone, I had not seen it.

[El duderino_]

+1 (this merit thing is starting to get annoying for WO leechers)

send him yours

especially you with that pacman avatar

why isn't that on a HAT yet ??

 It would probably be too small in the patch plus he can't part with his avatar.

OK Homer, I capitulate. If you somehow manage a themed hat I will wear it with pride.



Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL.
Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way.

Goodmorning wo’s
I did find another Smerit this night
So here it Goes cause i just know XhomerX is gonna make something awesome out if that PAC-MAN
Lots of pressure on him now haha

[El duderino_]

Buying £500 worth today, accumulation bitches!

Wasn’t yet here

But buying in a recent DIP always have credit, I can Anly say one thing for this action....

GOOD BUY brother

[Falcon Lover]

Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year

Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows.

Thank you in advance.

[MERlT]

Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year

Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows.

Thank you in advance.

You only lose if you sell.

[HairyMaclairy]

Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year

Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows.

Thank you in advance.

Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it.  Much more profitable.

[Last of the V8s]

Clearly not enough weak hands have been shaken out yet.
The whale always needs more plankton, and the plankton is 'tired'.
160,000 Gox coins to be released.
Bitmain to be declared bankrupt.
More layoffs due - coinbase, bitpay, other buggers.
ETH fork uncertainty.
Halving still some way off.
ETF denials.
Bakkt have reportedly already bought their coins.
b~,tmsr is short of managers
99% of twitter and 98% of bitcointalk sees legacy regulation as necessary.
Scams taking money away from btc: ETH, SV, EOS, ripple, security tokens, Barry Silbert, taxes... more.
No bitcoin drama (sorry theymos trust drama doesn't count). (maybe the proof of proof thing a tiny bit)
JimboToronto went to Mexico. TheHeron is awol or so it appears.

did i missed any fuds?

[Falcon Lover]

Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year

Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows.

Thank you in advance.

Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it.  Much more profitable.

I have thought about this, thats why I said I have orders to buy 3 more coins at 2k. Thats all I can afford to lose. It will bring my total investment to almost 40k. I will not invest another dollar after that. All ive known investing in Bitcoin is a terrible bear market and its hard not to worry as early adopters dump on my face , but thank you for the advice.

Im interested in hearing other Bitcoiners best argument(s) as to why the bottom is not in yet(i believe it isnt but hope im wrong). If you have one id love to hear it. If not thanks anyway.