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Question: Dec. 14 Closing Price:
<$6,000 - 10 (10.3%)
$6,000-$6,500 - 5 (5.2%)
$6,500-$7,000 - 11 (11.3%)
$7,000-$7,500 - 16 (16.5%)
$7,500-$8,000 - 19 (19.6%)
$8,000-$8,500 - 12 (12.4%)
$8,500-$9,000 - 4 (4.1%)
>$9,000 - 20 (20.6%)
Total Voters: 97

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21460374 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. (137 posts by 31 users deleted.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 24, 2019, 05:43:21 AM

It is my earnest hope that the reemergence of sound money will cause corporations to finally look beyond next quarter's numbers.

Geez!!!!!!!   So earnestly serious today, jojo.   Angry Angry Angry

Are you o.k.?   Tongue Tongue Tongue
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hv_
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Clean Code and Scale


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September 24, 2019, 05:55:45 AM


Sell the 'good' news
soxxx
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September 24, 2019, 06:04:41 AM

Its crazy how much has changed in 9 months. Wonder what the next 9 months will look like  Grin
600watt
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September 24, 2019, 06:20:32 AM
Merited by ivomm (1), fillippone (1)

It is my earnest hope that the reemergence of sound money will cause corporations to finally look beyond next quarter's numbers.

bitcoin can and will change a lot of things. i doubt greed is one of those things. personally i am not the greedy kind of guy regarding fiat. but boy, when it comes to bitcoin i experienced me being greedy to an extent it started to make me wonder.

boeing got caught in the same trap as the german car industry: too big, too powerful, lobbyists too successful, decade after decade... that is one of the reasons why start ups sometimes are able to beat the behemoths. and yes my friends, that is also a part of the reasons why we will win the race for sound money. btc price in the vicinity of 10k per btc is actually a sign we are winning already.
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September 24, 2019, 06:35:37 AM
Merited by 600watt (1)

Bitcoin formed a pennant formation after first major move in 2015, it had move down a few weeks prior to the pennant closing and road it up. Perhaps we will see the same?

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September 24, 2019, 06:46:47 AM

Its crazy how much has changed in 9 months. Wonder what the next 9 months will look like  Grin
I guess it will just stay in the region of $10K to $13K until the next halve of mining rewards.I hope the prices will recover from the four digits soon.
mindrust
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September 24, 2019, 07:27:31 AM

I’m not even remotely bothered about price action like this any more. Just use it to accumulate, even if it’s relatively small amounts.


I love it, its a win-win, if Bitcoin goes down I can accumulate a little more, if it goes up, my net worth goes up. Ill take this any day over going sideways!

Exactly.

As long as you DCA both FIAT and BTC, you have nothing to worry. The Bulletproof strategy.

When it becomes cheap enough, direct some of your FIAT reserves to BTC and 💥 boom , in a few months you are even more richer.
vroom
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September 24, 2019, 07:43:33 AM

coming up next (<7d) a new local low at $9000-9250, then leg up to $15000.

made a professional TA to support my prediction





halfway done, we are here now. need more despair, more bitcoin is dying news. a voluminous move down and a quick recovery.
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September 24, 2019, 07:45:58 AM

137DMA is being buttfucked.

Next 5-6 hours is super duper critical now.

We lost this critical battle but we don't give up!

Let's gather around the next support line. 200DMA! You shall not pass freaks
Phil_S
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We choose to go to the moon


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September 24, 2019, 08:16:24 AM

Still going sideways
Maybe it* doesn't matter
More sideways ahead


---
* (137DMA)
serveria.com
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Balls of steel


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September 24, 2019, 08:40:32 AM

Network kinda slow lately?  Huh
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September 24, 2019, 08:41:07 AM

a girl posting in WO

ancestors cry.

This Newbie thinks Bitcoin is only for men.

Satoshi laughs.

Not allow.
600watt
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September 24, 2019, 08:52:59 AM
Merited by micgoossens (2), gentlemand (1), LFC_Bitcoin (1), serveria.com (1)

well, i got to admit that i expected some more buys during the launch of bakkt. this is pathetic.

on the other hand: it is an open gate now, easy to use for institutional investors, regulated, safe, etc.

we will only see its impact during the next big monster super duper hulk OMG holy handgrenade holy fuck super mega run-up of bitcoin price. this run-up will come, no doubt whatsoever. and it will leave us shell shocked and speechless by its steepness and size, it always does. those so far almost mythical institutional bitcoin investors will get sucked in by the FOMO. after all, they are human beings. keep in mind those suckers paid a 100% premium with grayscale on the top of the last FOMO candle in dec. 2017. yes, some paid $40k per bitcoin on that day.

they´ll salivate, we´ll hold

only then bakkt can show us if it is worth anything. patience, fellow WO´s, patience....

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September 24, 2019, 08:58:49 AM

well, i got to admit that i expected some more buys during the launch of bakkt. this is pathetic.


Of course this is too early to try to figure out anything from this values, but of course one can try to compare to what happened on similar occasions:

Bakkt Bitcoin futures launch volumes 75 times smaller than CME’s first day

Quote
By the close of Monday, a total of 72 BTC had been traded on Bakkt—75 times less volume seen than December 2017 launch of CME’s cash-settled futures offering, which saw the equivalent of 5,298 BTC traded on its first day, as noted by Alex Kruger.

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This is HODL


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September 24, 2019, 09:16:47 AM
Last edit: September 24, 2019, 09:48:13 AM by micgoossens
Merited by kingcolex (1)

Its crazy how much has changed in 9 months. Wonder what the next 9 months will look like  Grin



First or last ?? Tongue



r0ach already provided me this one Cheesy
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September 24, 2019, 09:45:49 AM

Current news about Googles Quantum Computer may be weighing on Crypto.

By 2021 , it is theorized that 256 bit encryption could be cracked by quantum computing.

##https://interestingengineering.com/google-says-that-they-have-just-reached-quantum-supremacy


Although Quantum Computing has a tangential application set to classical computing, the current breakthrough by Google indicates things could change ... uncertain.  

This is worth keeping an eye on, because it could become an existential threat to encryption.

I have read some discussion about this previously, and I believe that SHA256 hashing is not affected (by quantum calculations) in the same way as 256 bit encryption.

...might just cause a dip in prices for now.



Just don't reuse your address and you'll be fine. Or reuse it and you'll still be fine for next few yrs.

The problem is more the old coins stuck in old adress types (P2PK addresses, so unhashed) that haven't moved (e.g. Satoshi's coins).
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All good things to those who wait


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September 24, 2019, 09:50:00 AM
Merited by 600watt (1)

It is my earnest hope that the reemergence of sound money will cause corporations to finally look beyond next quarter's numbers.

bitcoin can and will change a lot of things. i doubt greed is one of those things. personally i am not the greedy kind of guy regarding fiat. but boy, when it comes to bitcoin i experienced me being greedy to an extent it started to make me wonder.

boeing got caught in the same trap as the german car industry: too big, too powerful, lobbyists too successful, decade after decade... that is one of the reasons why start ups sometimes are able to beat the behemoths. and yes my friends, that is also a part of the reasons why we will win the race for sound money. btc price in the vicinity of 10k per btc is actually a sign we are winning already.

Here goes my last merit.  Wink It sounds like me. I never was a greedy guy regarding fiat. But soon after I went into Bitcoin, I became so jealous of those having 100+ bitcoins. I make everything possible, without going into debt to the banks, to invest all into it.

I too think that building such a strong support at 9.7-10.3K is huge. In 2017 for several months Bitcoin made 6x+ increase starting with the last long support at 3K. With a support at 10K we can expect either an explosive run to 50K+ or more gradual increases with other major resistances turned into supports. I am willing to wait untill we are above 100K, and gathering nerves and courage to endure all the coming crashes. I am convinced that 40K+ will be touched without much hype just by regular mass adoption. So what is the point in selling most at this price? I personally will be tempted to sell something for sure, because it is an important price goal for me. I will sell probably 10-20% just to buy land where to build my future house. I hope to be able to hodl until 120K or something, even if it takes more than 5 years for that. This is my hopium Smiley Everyone needs some hopium to live. No matter how dark or dull looks the present situation. There is always the hope. No troll, no chart, no government, etc. can steal my hope, if only I hodl firm! (After all, the other meaning of hodl besides the original misspel is Hold On for Dear Life.)

LFC_Bitcoin
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September 24, 2019, 09:51:13 AM

Its crazy how much has changed in 9 months. Wonder what the next 9 months will look like  Grin



First or last ?? Tongue



r0ach already provided me this one Cheesy

I hope you don’t have to continue working at McD’s mic. Maybe you are due a pay rise now though?
d_eddie
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September 24, 2019, 09:57:49 AM
Merited by micgoossens (5), JayJuanGee (1)



r0ach already provided me this one Cheesy

I hope you don’t have to continue working at McD’s mic. Maybe you are due a pay rise now though?

The pic from r0ach is a fake.
I'm sure mic doesn't have en ethereum tattoo. Or ripple, FFS...
camaund
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September 24, 2019, 10:00:19 AM

It is my earnest hope that the reemergence of sound money will cause corporations to finally look beyond next quarter's numbers.

bitcoin can and will change a lot of things. i doubt greed is one of those things. personally i am not the greedy kind of guy regarding fiat. but boy, when it comes to bitcoin i experienced me being greedy to an extent it started to make me wonder.

boeing got caught in the same trap as the german car industry: too big, too powerful, lobbyists too successful, decade after decade... that is one of the reasons why start ups sometimes are able to beat the behemoths. and yes my friends, that is also a part of the reasons why we will win the race for sound money. btc price in the vicinity of 10k per btc is actually a sign we are winning already.

Here goes my last merit.  Wink It sounds like me. I never was a greedy guy regarding fiat. But soon after I went into Bitcoin, I became so jealous of those having 100+ bitcoins. I make everything possible, without going into debt to the banks, to invest all into it.

I too think that building such a strong support at 9.7-10.3K is huge. In 2017 for several months Bitcoin made 6x+ increase starting with the last long support at 3K. With a support at 10K we can expect either an explosive run to 50K+ or more gradual increases with other major resistances turned into supports. I am willing to wait untill we are above 100K, and gathering nerves and courage to endure all the coming crashes. I am convinced that 40K+ will be touched without much hype just by regular mass adoption. So what is the point in selling most at this price? I personally will be tempted to sell something for sure, because it is an important price goal for me. I will sell probably 10-20% just to buy land where to build my future house. I hope to be able to hodl until 120K or something, even if it takes more than 5 years for that. This is my hopium Smiley Everyone needs some hopium to live. No matter how dark or dull looks the present situation. There is always the hope. No troll, no chart, no government, etc. can steal my hope, if only I hodl firm! (After all, the other meaning of hodl besides the original misspel is Hold On for Dear Life.)



We always enjoy some hopium, but for sure I will sell some if we go 20k again, maybe 10% but this is only because I expect a strong resistance there and wait to buy more once a correction happens. Long term im Bullish AF, but its always good to accumulate more if possible.
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