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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25460875 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. (157 posts by 13+ users deleted.)
mattimann
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February 25, 2019, 05:38:03 PM


----------------
Bitcoin

We are seeing a slow recovery from yesterdays dump and while the momentum is still bullish, the faithful remain cautious about jumping back onboard. I can hardly blame them after the drubbing we took yesterday.  
I am on my first cup of coffee and am feeling a bit blue about the loss of Zepher.  I will be back later with a more coherent report. We will remain strong and vigilant, even in our grief.  #btds  

1h


4h

#stronghands'19
[/quote]

Me thinks the time has come to Buy every fucking DIP!
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jbreher
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lose: unfind ... loose: untight


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February 25, 2019, 05:42:52 PM

Small but meaningful upwards action. Good morning.
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February 25, 2019, 05:47:03 PM

Venezuela is one of the cheapest places in the world (on record) to mine bitcoin because of the really cheap electricity prices. Anybody feel like going to live there for 12-18 months & setting uo a mining farm with me?

If I was younger and single I would bite your arm off.
Unfortunately I am neither and will have to make do with my tiny GPu rig costing more on electricity than I am making in coins here in the UK.
mattimann
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February 25, 2019, 05:51:24 PM

Venezuela is one of the cheapest places in the world (on record) to mine bitcoin because of the really cheap electricity prices. Anybody feel like going to live there for 12-18 months & setting uo a mining farm with me?

If I was younger and single I would bite your arm off.
Unfortunately I am neither and will have to make do with my tiny GPu rig costing more on electricity than I am making in coins here in the UK.

Nice Hat Wink
encycrypto
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February 25, 2019, 05:52:28 PM

How bitcoin saved my life

https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-bitcoin-inflation-cryptocurrencies.html
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February 25, 2019, 05:57:53 PM



the billion dollar eth play on mex
Indeed, we were generously advised to buy a few days ago (obliquely).
becoin
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February 25, 2019, 05:59:28 PM

Jihan Wu is leaving Bitmain, starting a new company 🤯🤯🤯 multiple non-official sources said so ...

Jihady Wu did what he can to cripple bitcoin. Time for new actors and new ideas to frustrate users. Bitcoin is amazing animal, survived even when the biggest mining pool tried their best to destroy it.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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February 25, 2019, 06:00:28 PM


Reminds me of my favorite line from Waterworld.

Deacon: There used to be atolls on every horizon. Where the hell are they all gone?
Assistant: Well, we sank them.

d_eddie
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February 25, 2019, 06:01:20 PM

Surely we can see with some degree of accurateness word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup word soup and other datas on the interwebs which back up these rumorifications

JJ, did you stake a BTC address?
Last of the V8s
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Be a bank


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February 25, 2019, 06:01:33 PM

xrp on coinbase  Huh

https://twitter.com/CoinbasePro/status/1100093203326263297
BitcoinGirl.Club
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February 25, 2019, 06:08:02 PM

I thought they added it ages ago LOL
I have no knowledge about coinbase from long time.


Redundant 🙂
Read before write 😚
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ATH enthousiast, currently McDonalds enthousiast.


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February 25, 2019, 06:08:29 PM

Bitcoin protects against bankruptcy, mainly when your entire nation goes bankrupt.

Getting in to bitcoin isn't the problem.
Getting out of your bank account is.

People in countries suffering from hyperinflation have learned this the hard way:

Zimbabwe
Venezuela
Turkey
Iran

https://twitter.com/alecziupsnys/status/1100065680454533120?s=21
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Be a bank


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February 25, 2019, 06:13:21 PM

https://youtu.be/b9De3wdL_OY
UCLA Students Support Concentration Camps for Trump Supporters
CryptoNeed
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Nope.


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February 25, 2019, 06:16:38 PM

https://youtu.be/b9De3wdL_OY
UCLA Students Support Concentration Camps for Trump Supporters

Equality: send other humans to camps involuntarily

Hippies don't have shaved legs.  Grin
encycrypto
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February 25, 2019, 06:17:25 PM


Redundant? Why? Venezuela is still facing the crisis - and worse than ever!
kenzawak
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February 25, 2019, 06:19:14 PM

https://twitter.com/Xentagz/status/1099802189709627392

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February 25, 2019, 06:19:28 PM



Buffet gonna love it say shit because he does not know how to use tech.
Why people are running after an old school dumb ass?
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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February 25, 2019, 06:19:41 PM

But to be honest, we have had a great growth since the very next day after my "capitulation" post so I don't see any reason to uncapitulate yet. Plus we are not really out of the woods. Bear market is probably not dead yet no matter if we already saw the bottom or not (which I really don't know for sure).

I am starting to get the feeling that you, bitserve, are trolling us with your capitulation status, for effect.



My "capitulation" post was truly honest and a fair representation of what I was feeling at the time. Of course, even then, I was hoping to be wrong (in fact I state exactly that in the post). After that, we have had some "fresh air" in the form of a nice price growth but, even if sometimes my level of hope raises, I still fear the worst and know there's no reason to think we are out of the bear market. Yesterday events prove my fears are not unjustified.

Of course any of us who went through the bear market of 2014/15 and/or the downward price movements of 2018 feel a level of shell shock - but there is also some degree of normalcy in UP and DOWN price moves, including yesterday's.  In other words, we are not likely to go up until there is a considerable amount of back and forth in the price... And, I agree that we are no where close to being out of the bear market... give me supra $5k and I might begin to feel some confidence and give me supra $6k and my confidence goes even higher.

So no, I am not trolling, even if I am being INTENTIONALLY cautious in trying not to be carried out by the joy (FOMO?) when a pump comes. As I said, we are absolutely NOT out of the woods, so my "capitulation" status will remain until further notice.

Let's be clear (again) that I am HODLING. As always since when I started in 2013 (with small amounts back then, unfortunately).

No buying plans?  sub - $2,500 perhaps?

Currently, my buy orders are resuming in the sub $3,700 arena... after a bit of a hiatus due to personal cashflow issues... but feeling prepared for DOWN... even though UP is so much more preferable... but reality of several months seems reasonable.

By the way, there is so much feeling of DOWN out there that it could be the opposite and merely BIG players accumulating shitloads of the weak hands here... Any weak hands even left?  Perhaps the bearwhales have to dump another 20k coins in order to find out if there are any more weak hands remaining to purge?


Let's also make very clear that I have never been a bear market buyer, so DYOR/YMMV. Neither a FOMO'er (except when an ATH has JUST broken). I buy when I sense a bear market is over and stop doing it (with "fresh" deposits) when I think things are getting (way) out of hand. The rest of the time I just let it run as a happy hodler... besides some volatility scalping here and there.

So, hypothetically, if the bottom is already "in" at $3120-ish, then you may end up buying on the way up?  or maybe 6-9 months later if BTC prices are still in the sub $5k arena?

P.S.: I have updated my profile to make it more clear. I have finally found an use for that feature lol

Ok.. that notice should be helpful to figure out if or when you are out of capitulation status.
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February 25, 2019, 06:21:06 PM

Redundant 🙂
Read before write 😚

Redundant? Why? Venezuela is still facing the crisis - and worse than ever!

Get Inspired

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February 25, 2019, 06:21:47 PM

Bitcoin protects against bankruptcy, mainly when your entire nation goes bankrupt.

Getting in to bitcoin isn't the problem.
Getting out of your bank account is.

People in countries suffering from hyperinflation have learned this the hard way:

Zimbabwe
Venezuela
Turkey
Iran

https://twitter.com/alecziupsnys/status/1100065680454533120?s=21

You missed out Cyprus. People lost fortunes when its banks went bankrupt.



The most of circulating assets on our business Current Account are blocked.
Over 700k of expropriated money will be used to repay country's debt. Probably we will get back about 20% of this amount in 6-7 years.

I'm not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.

...

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