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Question: When will we see a new ATH?
2023 - 35 (25.4%)
2024 - 53 (38.4%)
2025 - 37 (26.8%)
2026 - 3 (2.2%)
2027 - 2 (1.4%)
After 2027 - 3 (2.2%)
Never - 5 (3.6%)
Total Voters: 138

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25974424 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. (170 posts by 5 users with 9 merit deleted.)
LFC_Bitcoin
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September 24, 2019, 04:06:40 PM


The price has never had that kind of violent crash this close to a block reward halving & you’re well aware of it.

Market makers take the price where they want it to go. They give 2fs about "reward halving" or "what happened last time".

It probably got priced in anyway. That may have been what the unexpected 400% skyrocketing earlier this year was all about - front running the halving. Now profits are going to be taken.



Bitcoin haters & people with little to no amount of coins say this every time a halving approaches.
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El duderino_
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September 24, 2019, 04:07:57 PM



CME bitcoin futures expiration date: 09/27/19

Launch of Bakkt this Monday, the perfect play for them.

Dont worry, Hodl.

11 to go and you are rewarded 1001 merit for your absolute continuous contributing to this thread

Keep doing what you do.... Absolute asset of this thread (Forum)

Smiley
JayJuanGee
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September 24, 2019, 04:08:58 PM
Merited by LFC_Bitcoin (1)

Don't panic, keep #HODLing  Cool 

this_is_sparta.jpg

I have been hearing this for two years to keep on holding.
I wonder when the holders will be in a position to get benefit  Huh

Already happened.

Remember early 2019?  BTC prices were in the $3ks for the first three months.  Where are BTC prices now?  quite a bit higher than $3ks. 

Furthermore HODL is not the only strategy, especially for anyone in BTC accumulation phase.  You would have been dumb to attempt to accumulate at one price, unless you are buying on dip, so even if you dollar cost average bought from the December 2017 top, you currently would be well in the black (or green) so long as you accompanied your dollar cost average buying with otherwise HODLing through the matter. 

On the other hand, if you had accomplished your BTC accumulation at an earlier stage, it still is quite likely that HODL would have still payed off.  Maybe you should describe some realistic and smart (rather than gambling) circumstances in which HODL would NOT have been a good strategy?
serveria.com
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September 24, 2019, 04:09:04 PM

Don't panic, keep #HODLing  Cool 

this_is_sparta.jpg

I have been hearing this for two years to keep on holding.
I wonder when the holders will be in a position to get benefit  Huh

If it was that easy everyone would become a millionaire...   Grin
Gyrsur
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September 24, 2019, 04:10:30 PM
Last edit: September 24, 2019, 05:35:53 PM by Gyrsur

dear WO-MFs, subject Gyrsur is still alive but because of #opsec it will never attend to any meet-ups ever in the future. I'm very ugly so you can thank me later.

let's start the games - "buy when there's blood in the streets"  Grin Grin

EDIT: BTW, still out of sMerit and not able to give Cryptoqueeen something back.
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September 24, 2019, 04:11:49 PM


CME bitcoin futures expiration date: 09/27/19

Launch of Bakkt this Monday, the perfect play for them.

Dont worry, Hodl.

11 to go and you are rewarded 1001 merit for your absolute continuous contributing to this thread

Keep doing what you do.... Absolute asset of this thread (Forum)

Smiley

Thx, mic, LOL, just now I was going to post this.

-11 to 1001

edit: Who gives me the merit No. 1001, has a prize.
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September 24, 2019, 04:15:13 PM
Merited by kurious (1), 600watt (1), HairyMaclairy (1)

dear WO-MFs, subject Grysur is still alive but because of #opsec it will never attend to any meet-ups ever in the future. I'm very ugly so you can thank me later.

let's start the games - "buy when there's blood in the streets"  Grin Grin


Some of the guys were really paranoid about OpSec but by the end of the weekend most of us know each others first names. My girl got really drunk & left her phone in the bar which was returned by one of the WO’s.

I think these guys are probably more trustworthy than a lot of my RL friends. It’s a bit like mutual respect of each others concerns manifests itself in absolute trust & respect.
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September 24, 2019, 04:16:11 PM

Meanwhile: is the dump over?  Cool
BlindMayorBitcorn
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September 24, 2019, 04:20:37 PM

There was a meetup? Really?
BitcoinGirl.Club
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September 24, 2019, 04:21:59 PM

Quote
Let’s play some #Bitcoin Limbo. How low can it go? 😂 Drop your 24 hour $btc price predictions below!
https://twitter.com/girlgone_crypto/status/1176528297619902464

I always like girls in Bitcoins.
El duderino_
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September 24, 2019, 04:22:10 PM

There was a meetup? Really?
There was a meetup? Really?

Yeah, I was honored taking your place Tongue
xhomerx10
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September 24, 2019, 04:22:39 PM

There was a meetup? Really?

 Not just any meetup.  An epic WO meetup.
Good to see you again!
LFC_Bitcoin
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September 24, 2019, 04:22:50 PM

There was a meetup? Really?

via Imgflip Meme Generator

Yeah last evening when I went to bed.... I quickly opened the WO and saw XhomerX Made this HAT, thought it was a very cool one... Will wear it for a few days Cheesy Then gonna go back to the 15K battle HAT Cheesy
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September 24, 2019, 04:23:23 PM

There was a meetup? Really?

You were even mentioned.
BlindMayorBitcorn
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September 24, 2019, 04:24:18 PM

You guys are epic.  Cool
Ludwig Von
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September 24, 2019, 04:27:31 PM

Meanwhile: is the dump over?  Cool

They have a lunchbreak... . Grin
JayJuanGee
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September 24, 2019, 04:28:23 PM

The price has never had that kind of violent crash this close to a block reward halving & you’re well aware of it.

Market makers take the price where they want it to go.

You are giving way too much credit to those kinds of hypothetical folks, and suggesting that they do not have to go with the trend.  Of course, they will push it as low as they can and for as long as they can, but that does not mean that they are going to be successful.

If it were up to the market makers, BTC prices would still be under $500.  Several times, they lost control of BTC's price, including 2015/2016.

They give 2fs about "reward halving" or "what happened last time".
Exactly.  They do give less than 2 fucks about that, but if they ignore it, then they are likely to get r3ckt as fuck.  Pobrecitos.

It probably got priced in anyway.

Very doubtful.  Too many folks (even smart ones) don't know shit about how bitcoin works, which includes the concept of halvening.  Furthermore, there are still a lot of peeps coming into bitcoin, so even if there are a large number of BIG players that try to price in the halvening, they are not really going to be able to properly factor in the fact that more money coming into bitcoin is going to force their hand - likely several months after the effects of the halvening which includes lower amounts of new BTC supply are actually undeniably felt.

That may have been what the unexpected 400% skyrocketing earlier this year was all about - front running the halving. Now profits are going to be taken.

Yep.  You are likely correct that there was some frontrunning going on between April and June; however, that front running only ended up being a blip on the radar because currently we are in the midst  of a 35% or so correction that likely is going to be sufficient to rebalance and to allow buying support to catch up.  After so much time consolidating in our current price range, you are going to be quite lucky if 50% correction is achieved here (which would be $7k-ish).. and your assertion that $5,200 or even $1,800 are within meaningful likelihood seem to be pie in the sky wishes rather than anything that is even close to likely, especially given where we are currently at.  On the other hand, if $8k buy support is breached, then I will give you that the odds for $5,200 have been meaningfully increased, otherwise your assertions that $5,200 or even your outrageous $1,800 are within realms of reason remain quite fantasylandia scenarios, and you have not been out of breadths when engaging in fantasylandia practice, especially given your track record of stupid-ass overly bearish BTC predictions (that did not come to fruition, need I say?).
El duderino_
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September 24, 2019, 04:30:48 PM

You guys are epic.  Cool

The meet was epic, first evening was alcoholic AF  Roll Eyes
But I did stand my ground Tongue
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September 24, 2019, 04:31:03 PM

Meanwhile: is the dump over?  Cool

They have a lunchbreak... . Grin

that's right. 12.30 pm (EST) in New York.  Wink
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September 24, 2019, 04:33:24 PM
Merited by HairyMaclairy (1)

You guys are epic.  Cool

The meet was epic, first evening was alcoholic AF  Roll Eyes
But I did stand my ground Tongue

My girl fell down the stairs, I don’t even remember much after taking her back.
We went through about 10 bottles of Rose, some fizz, multiple shots. I feel sick thinking about it now.

 Cool

I think I went green in the cafe the next morning.
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