Bitcoin Forum
January 29, 2022, 08:34:08 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Highest price we'll see in 2022:
50,000 - 14 (17.1%)
60,000 - 3 (3.7%)
70,000 - 4 (4.9%)
80,000 - 6 (7.3%)
90,000 - 4 (4.9%)
100,000 - 7 (8.5%)
125,000 - 15 (18.3%)
150,000 - 7 (8.5%)
175,000 - 2 (2.4%)
200,000 - 2 (2.4%)
225,000 - 5 (6.1%)
250,000 - 4 (4.9%)
275,000 - 1 (1.2%)
300,000 - 0 (0%)
>300,000 - 8 (9.8%)
Total Voters: 82

Pages: « 1 ... 23646 23647 23648 23649 23650 23651 23652 23653 23654 23655 23656 23657 23658 23659 23660 23661 23662 23663 23664 23665 23666 23667 23668 23669 23670 23671 23672 23673 23674 23675 23676 23677 23678 23679 23680 23681 23682 23683 23684 23685 23686 23687 23688 23689 23690 23691 23692 23693 23694 23695 [23696] 23697 23698 23699 23700 23701 23702 23703 23704 23705 23706 23707 23708 23709 23710 23711 23712 23713 23714 23715 23716 23717 23718 23719 23720 23721 23722 23723 23724 23725 23726 23727 23728 23729 23730 23731 23732 23733 23734 23735 23736 23737 23738 23739 23740 23741 23742 23743 23744 23745 23746 ... 30218 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25533816 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.)
Phil_S
Legendary
*
Offline Offline

Activity: 1652
Merit: 1172


We choose to go to the moon


View Profile
May 14, 2019, 02:42:08 PM

A short pullback really wouldn't be too bad of a thing.

Yeah, but it gets a bit annoying when the folks always predict 50%-60% pullback that lasts 2-3 months.

1643445248
Hero Member
*
Offline Offline

Posts: 1643445248

View Profile Personal Message (Offline)

Ignore
1643445248
Reply with quote  #2

1643445248
Report to moderator
1643445248
Hero Member
*
Offline Offline

Posts: 1643445248

View Profile Personal Message (Offline)

Ignore
1643445248
Reply with quote  #2

1643445248
Report to moderator
Goat says: "Bitcoin is NOT Illegal in Thailand. There is no law against Bitcoin in Thailand!"
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1643445248
Hero Member
*
Offline Offline

Posts: 1643445248

View Profile Personal Message (Offline)

Ignore
1643445248
Reply with quote  #2

1643445248
Report to moderator
kenzawak
Hero Member
*****
Offline Offline

Activity: 658
Merit: 851



View Profile
May 14, 2019, 02:46:10 PM

https://twitter.com/PeterMcCormack/status/1128094535089893376

serveria.com
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 848


Balls of steel. This time is different.


View Profile WWW
May 14, 2019, 02:50:06 PM

A short pullback really wouldn't be too bad of a thing.

Yeah, but it gets a bit annoying when the folks always predict 50%-60% pullback that lasts 2-3 months.



this
bitcoinPsycho
Legendary
*
Offline Offline

Activity: 1652
Merit: 1059


THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


View Profile
May 14, 2019, 02:53:57 PM
Merited by nutildah (1)

A short pullback really wouldn't be too bad of a thing.

Yeah, but it gets a bit annoying when the folks always predict 50%-60% pullback that lasts 2-3 months.



this
Bitcoin will do what it wants .ta is bollocks. Hodl is the only way to win imho
Hueristic
Legendary
*
Offline Offline

Activity: 2982
Merit: 2640


Doomed to see the future and unable to prevent it


View Profile
May 14, 2019, 02:53:59 PM

But, what do those numbers you posted (2-2-10-4) mean? Just curious...

Play Railroad Tycoon, you'll learn. Cheesy



Great Series of games BTW.


Damn I miss that game. Goes great with a bag of weed (as do most things).

One of my favorite aspects was trying to bankrupt the other tycoons by manipulating their stock prices.

If you had enough capital to buy and crash the price of a competitor's stock, you could leave them forever bankrupt, unable to dig themselves out of massive debt. Fun!

What about Transport Tycoon... That what so far advance for it time!.. I remember the longer you played the slower it got!

The economic module of the game was fantastic. I usually played only as investor manipulating mine and all other stocks, trying to bankrupt the other rich guys, while having quit as a manager of the company and letting the game automanage it... Cool

Playing the market was a great part that I had totally forgot about!
OK, I have to dig it out now. I think I only have RT3 left so it'll have to be that one.

Anyone remember Transport Tycoon?... It was so far advance for its time. I remembered the longer you played the slower it got!.. Those super fast Pentiums was no match...

I never did try that one. I spent half the night on RRT3 and I'm going to have to setup a DX8.1 VM for it. I had it running but after adjusting monitor overscan while the game was running the thing went bonkers and won't fire up without detecting directx 8.1. Fucking h8 DX games. I did get through the tutorial as a refresher before the crash though.

d_eddie
Legendary
*
Offline Offline

Activity: 1680
Merit: 1748



View Profile
May 14, 2019, 02:54:52 PM
Merited by vapourminer (1), JayJuanGee (1)

Trading disclosure. I have two positions: a suffering short and a happy long (larger).

When it goez UP, I gainz moar because the long is larger. Cash out a bit.
When it goez DOWN, I looze moar but can refill the long a bit. If DOWN DOWN, cash out shortz.

If it goes UP like mad, I'll close both positions and gainz.
If it goes DOWN like mad, my stop will save some long gainz and I hope to close my short in the green (or just a little in the red).

This is similar to a double ladder (JJG/jbreher), with lots of manual nursing and tweaking.

UP slightly better, so I can close everything at once and gainz are simpler. So as a trader, ATM I have a more or less neutral stance. And that's just about my play money.

As a hodler, it's easy to guess where I stand.
_javier_
Member
**
Offline Offline

Activity: 444
Merit: 31

Still a manic miner


View Profile
May 14, 2019, 02:55:24 PM


Please stop talking shit


SInce 2011





404

downtrends not found


just look at those 2016-2017 pullbacks!! horror!!  Wink
Hueristic
Legendary
*
Offline Offline

Activity: 2982
Merit: 2640


Doomed to see the future and unable to prevent it


View Profile
May 14, 2019, 02:58:20 PM


I remember his BTC call of $80 back in 2014, waaay off but his LTC call in early 2017 was absolutely spot-on. His musings are generally interesting. Anyway, his current call is so fantastical that I'd believe when I see it.

His most likely scenario is:

Quote
So the $78k could be the second peak and after the halving and there would be no dip after $150k and instead the moonshot would be all the way from ~$30k to $500+K at the end of 2020.

Actually IIRC his LTC predictions were months too early and he had divested himself before it hit.
Sometimes spotting a trend too early is as bad as not seeing it at all.
vapourminer
Legendary
*
Offline Offline

Activity: 3500
Merit: 2205


what is this "brake pedal" you speak of?


View Profile
May 14, 2019, 03:01:02 PM

Well bitcoin is in a great moment, we’re all happy WO’s. I’m off to Budapest, Happy Birthday to me Cheesy

Cheers gentlemen!





happy cake day birthday!

may many more happy and healthy ones follow.
nutildah
Legendary
*
Offline Offline

Activity: 2296
Merit: 5283


Shitcoin 3.0 Distribution Now Underway


View Profile
May 14, 2019, 03:03:13 PM

PLEASE PLEASE PLEASE FUDSTERS DON'T POST THIS BULLCRAP ANYMORE!!!  Cool

Even if the details and the reasons might be off by a long shot, I do think a correction is coming.

When and how big is anybody's guess, but it is due. No bull run went straight to the top, ever.


In other words

We smell a pullback
coming around the coner
bullcrap or bearcrap?

I always have a spare merit for a good haiku.
nutildah
Legendary
*
Offline Offline

Activity: 2296
Merit: 5283


Shitcoin 3.0 Distribution Now Underway


View Profile
May 14, 2019, 03:09:54 PM

I spent half the night on RRT3 and I'm going to have to setup a DX8.1 VM for it. I had it running but after adjusting monitor overscan while the game was running the thing went bonkers and won't fire up without detecting directx 8.1. Fucking h8 DX games. I did get through the tutorial as a refresher before the crash though.



That's the one I used to play! It will be worth your troubles. Looking at that screenshot was like getting a distant whiff of crack. I already want to build a steel mill in Philadelphia. Nice company logo.
xhomerx10
Legendary
*
Offline Offline

Activity: 3010
Merit: 4644


Go! BTC Go!


View Profile
May 14, 2019, 03:10:22 PM

Longs down, shorts up, that's the way we like to....

 ...duck?

  
Hueristic
Legendary
*
Offline Offline

Activity: 2982
Merit: 2640


Doomed to see the future and unable to prevent it


View Profile
May 14, 2019, 03:11:46 PM


yeah this guy was spouting his theories of BTC clearly being a government-designed honeypot with which to trap libertarians into a fully state-controlled monetary environment back in 2014 - 2015. He was going to use his (self-proclaimed) genius-level IQ to design a fully anonymous coin (hence anonymint). Then there was his constant masturbating over spreading of Martin Armstrong's prediction of a complete economic collapse in the third quarter of 2015.

In other words: don't bother listening to this Craig Wright Lite.

He's not a POS like CW, he can see the problems and locate them in a system but seems to be unable to focus long enough to create a solution. I think he has realized there is no global solution so you have to find the correct balance of tradeoffs. Why he wouldn't follow the simple rule of not spamming multiple posts is beyond me, looked like a complex type thing. CW is the GWB of crypto while shelby is a top tier theorist but one that is disingenuous as often as not.
ivomm
Legendary
*
Online Online

Activity: 1511
Merit: 1625


All good things to those who wait


View Profile
May 14, 2019, 03:14:43 PM
Merited by bones261 (2), infofront (1), mindrust (1), 600watt (1)

I don't want to argue about the TA presented here, but just note that on tradingview.com most of the TA suck. Many shorters use this platform to influence the traders and fall for their crap. Will there be 10-80% corrections - sure! Will it be easy to take advantage of it by selling/shorting - No! It is simple math. If you sell now, the rise will continue at least 10% from now with a very high probability. Then you have to wait a long time during which you risk to never see a price at your range. And if you endured this waiting, the best increase of stash you can hope for, will be most probably in the 10% area. So, for anyone with a sound mind is clear that trying to cut off the top is highly improbable. There is only one strategy which will make everyone investing in Bitcoin rich - HODL! I coud have sold at 20K but I decided to wait the higher price which will meet my needs and change my life. Was I sorry I didn't cash out and rebuy at 3k - of course, but nobody knew that we will have such a chance. What we can do is to invest more fiat and BTFD! I was many times since 2017 below my investment point. It was not pleasant, but that feeling is nothing compared to the regret when I missed the increase from 2400 to 4800. I don't want to feel that regret again, so I am not selling until my target price. And even if we crash $1 from my target price, I will endure and wait another year(s) if needed. Speaking of target price, I made a plan what initial portion to sell at what price and what stash to keep after that. I will not let any other opinion, event or my own emotions change that! And when I sell and Bitcoin continues to rise, I won't regret it, because I achieved my goals, and the remaining coins will give me a comfort that I have more profit to take in the future. So far I have profit equal to all 20 years salary before I retire. I intend to buy a beach villa or build a house and to have at least double than my salary will be until I retire. Will I buy lambo or a yacht - probably not (despite my avatar, which is not for the brand but more for the bull logo). I think that moving targets like to buy a lambo can ruin my profit, because my stash is relatively small - below 20. In my country the prices are cheap and I can save half of my salary, although it is 10 times lower than the rest of the world. Anyway, BTC is my only hope. So my advice for anyone, including shorters/nocoiners is only this -buy, wait and be patient. Your patience will be rewarded!  
El duderino_
Legendary
*
Offline Offline

Activity: 1680
Merit: 7812


Observing No-Coiners.


View Profile
May 14, 2019, 03:21:45 PM


8078 weeeee


Soon.... Super Weeeeeeeeeeee
mindrust
Legendary
*
Online Online

Activity: 2422
Merit: 2193



View Profile
May 14, 2019, 03:30:39 PM
Merited by vapourminer (1), 600watt (1), ivomm (1)

...Speaking of target price, I made a plan what initial portion to sell at what price and what stash to keep after that. I will not let any other opinion, event or my own emotions change that! And when I sell and Bitcoin continues to rise, I won't regret it, because I achieved my goals, ...

I was actually going to post something similar to your post today, explaining my strategy but then some shit came up and forgot about it.

That's also what I do.

Set a target, keep accumulating as it goes down up and sideways (DCA), buy the dips if possible, reach your target, dump away. There are 2 possibilities may play out after that:

a) It goes up you get stuck on the FIAT side, but it doesn't matter since you already have  shitloads of money which'll cover your ass no matter how high bitcoin goes later. You won't be missing much.

b) It goes %80 lower, so you can reinvest in some cheap coins with %25 of your profits. Rinse and repeat.

I believe as long as you set your target networth at something between $500k and $1m. You are in the safe zone. FIAT may become worthless in the next 10 years but $1m today still can unlock you many possibilities.

Don't bother with selling if you are going to get anything less than half a million imo. That's how I see it.
ivomm
Legendary
*
Online Online

Activity: 1511
Merit: 1625


All good things to those who wait


View Profile
May 14, 2019, 03:40:18 PM
Last edit: May 14, 2019, 05:21:19 PM by ivomm

...Speaking of target price, I made a plan what initial portion to sell at what price and what stash to keep after that. I will not let any other opinion, event or my own emotions change that! And when I sell and Bitcoin continues to rise, I won't regret it, because I achieved my goals, ...

I was actually going to post something similar to your post today, explaining my strategy but then some shit came up and forgot about it.

That's also what I do.

Set a target, keep accumulating as it goes down up and sideways (DCA), buy the dips if possible, reach your target, dump away. There are 2 possibilities may play out after that:

a) It goes up you get stuck on the FIAT side, but it doesn't matter since you already have  shitloads of money which'll cover your ass no matter how high bitcoin goes later. You won't be missing much.

b) It goes %80 lower, so you can reinvesnt some cheap coins with %25 of your profits. Rinse and repeat.

I believe as long as you set your target networth something between $500k and $1m. You are in the safe zone. FIAT may become worthless in the next 10 years but $1m today still can unlock you many possibilities.

Don't bother with selling if you are going to get anything less than half a million imo. That's how I see it.

We are on the same page! My target networth is between $600k and $1.2m. It depends how long it will take to get to the target prices. I wish I had several more coins to make the first sell near 20K, but I don't. So, I will have to wait for the 50K-100K range. Of course, it won't be easy to get there but I have no doubts that in 1-5 years tops we will be there.
infofront
Legendary
*
Offline Offline

Activity: 2492
Merit: 2432


Shitcoin Minimalist


View Profile
May 14, 2019, 03:40:50 PM



The other resistance levels on filbfilb's other chart has been broken. That points us towards $80k levels in 6 months. (by the end of this year) That is a price point which is going to make everybody happy hopefully.

How crazy is that?

Quote
This is a best-case early scenario for me. This would assume that the market is aware of the impact on price and an advance would begin c.12 months ahead of the halvening. Miners will likely begin restricting supply on the basis the can sell later as scarcity increases and the risk premium on holding has reduced. A coupling of speculative demand in the market and a supply side restriction would push prices early than historically as there is now more savvy investors in the arena, as well as natural advancement of interest in crypto although organic growth in crypto will naturally have been affected by the bear market.

Fundamentally I could see an outcome of a Bitcoin price reacing out towards $100k but strongly suspect that will not be achieved due to investors starting to cash out before the psychological resistance. One thing to support $100k however, would be the linear regression mean suggests a 100k$ btc c. May/june 2020. (again see chart attached). Another realistic factor that could pull this forward would be an ETF announcement which would likely spark a much earlier hype cycle and could frankly completely change the outlook of this chart.

https://www.tradingview.com/chart/BLX/LGfs4PUa-Bitcoin-A-Long-Tern-Market-Analysis/
toknormal
Legendary
*
Offline Offline

Activity: 2730
Merit: 1182


View Profile
May 14, 2019, 03:43:12 PM


....you got it the wrong way around. bitcoin would be in much better shape by all metrics if there were no shitcoins. they provide no utility, they are scamming people, they keep good devs busy because every week there is a new shitcoin that needs to be implemented, they get marketed as "the better, faster, newer" bitcoin...

Did you by any chance go to guy's school ?

JimboToronto
Legendary
*
Offline Offline

Activity: 3164
Merit: 2733


You're never too old to be young.


View Profile
May 14, 2019, 03:47:33 PM

A gorgeous good morning Bitcoinland.

$8k is holding like a charm despite a nice correction and a couple of minor ones... currently $8055USD/$10845CAD (Bitcoinaverage).

Hopefully we Canadians will never see quadruple digits again. More digits please!

Soon every WO may have quit their day job just to dedicate more time to Pumping it and celebrating on WO. If we are going into the new paradigm, it has to be a way of life, not a hobby Cheesy

Some of us are already there.

I call it living happily ever after, just like in a fairy tale.

Thank you Bitcoin for allowing us to script our own fairy tales and happy endings.
Pages: « 1 ... 23646 23647 23648 23649 23650 23651 23652 23653 23654 23655 23656 23657 23658 23659 23660 23661 23662 23663 23664 23665 23666 23667 23668 23669 23670 23671 23672 23673 23674 23675 23676 23677 23678 23679 23680 23681 23682 23683 23684 23685 23686 23687 23688 23689 23690 23691 23692 23693 23694 23695 [23696] 23697 23698 23699 23700 23701 23702 23703 23704 23705 23706 23707 23708 23709 23710 23711 23712 23713 23714 23715 23716 23717 23718 23719 23720 23721 23722 23723 23724 23725 23726 23727 23728 23729 23730 23731 23732 23733 23734 23735 23736 23737 23738 23739 23740 23741 23742 23743 23744 23745 23746 ... 30218 »
  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!