Bitcoin Forum
January 29, 2023, 10:33:13 AM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will we see a new ATH?
2023 - 35 (25%)
2024 - 53 (37.9%)
2025 - 39 (27.9%)
2026 - 3 (2.1%)
2027 - 2 (1.4%)
After 2027 - 3 (2.1%)
Never - 5 (3.6%)
Total Voters: 140

Pages: « 1 ... 25568 25569 25570 25571 25572 25573 25574 25575 25576 25577 25578 25579 25580 25581 25582 25583 25584 25585 25586 25587 25588 25589 25590 25591 25592 25593 25594 25595 25596 25597 25598 25599 25600 25601 25602 25603 25604 25605 25606 25607 25608 25609 25610 25611 25612 25613 25614 25615 25616 25617 [25618] 25619 25620 25621 25622 25623 25624 25625 25626 25627 25628 25629 25630 25631 25632 25633 25634 25635 25636 25637 25638 25639 25640 25641 25642 25643 25644 25645 25646 25647 25648 25649 25650 25651 25652 25653 25654 25655 25656 25657 25658 25659 25660 25661 25662 25663 25664 25665 25666 25667 25668 ... 31847 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25979456 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.)
somac.
Hero Member
*****
Offline Offline

Activity: 1862
Merit: 969

Never selling


View Profile
January 10, 2020, 07:07:26 AM
Merited by bitserve (1)


And then I start to wonder what others would think/do in that situation... I mean... If the extraordinary gains Bitcoin has given in the past were not there anymore... Would most of you guys keep holding/using it as a store of value or, on the contrary, would that make you cash out an even bigger part of your stash because you were mostly hodling in the expectation of awesome future profits?

Know what I mean? What would you guys do if/when the constant staircase growing of Bitcoin stagnates?

When it looks like bitcoin is not going to get the large 10-20x moves any more, everyone will be holding it and buying more each week. Why? Because the alternative will be owning fiat currency and anyone who understands the global economy and it's monetary system knows that holding fiat is a bad idea.

People who don't understand the global economy and it's monetary system, but who live in Iran, Zimbabwe, Venezuela etc, also understand why you don't want to own fiat. Fiat is good for exchange of goods, definitely not hodling.

I think most long-term people in the crypto space are confused with what they are doing. They aren't investing, but rather saving for their future. Same as putting your money in any other asset that is fairly or under valued.

As long as I am earning an income through my labour, I will continue to save this income for the long-term in bitcoin, no matter the price.
1674988393
Hero Member
*
Offline Offline

Posts: 1674988393

View Profile Personal Message (Offline)

Ignore
1674988393
Reply with quote  #2

1674988393
Report to moderator
BitcoinCleanup.com: Learn why Bitcoin isn't bad for the environment
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1674988393
Hero Member
*
Offline Offline

Posts: 1674988393

View Profile Personal Message (Offline)

Ignore
1674988393
Reply with quote  #2

1674988393
Report to moderator
1674988393
Hero Member
*
Offline Offline

Posts: 1674988393

View Profile Personal Message (Offline)

Ignore
1674988393
Reply with quote  #2

1674988393
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 3248
Merit: 7765


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
January 10, 2020, 07:07:36 AM
Last edit: January 10, 2020, 07:19:23 AM by JayJuanGee
Merited by JSRAW (1), bitserve (1)

To be honest I am not expecting (hoping, yes) any more 5x-10x in a single year anymore. Which, for me, could even be good as in not "having" to sell a big percentage of my stash because I assume (maybe wrongly) that lacking a "too bublish" pump the subsequent dump/downtrend/bear market would not hit as hard as previous times.

Of course, we have to prepare for anything, but your scenario does not seem too likely.  Of course, we are likely to have lower percentages of gains...  Let's just start from 2012/2013, and that rise was well over 100x.  I would propose that the 2017 price rise was around 78x, so yeah, we could have a considerable reduction in the next price rise, maybe 20x to 30x or even smaller.  I doubt as low as 10x, but hey we have to prepare for less bullish scenarios, you are correct... even though you are coming off as a bit of a pessimist party poop.   Cheesy Cheesy Cheesy


And then I start to wonder what others would think/do in that situation... I mean... If the extraordinary gains Bitcoin has given in the past were not there anymore... Would most of you guys keep holding/using it as a store of value or, on the contrary, would that make you cash out an even bigger part of your stash because you were mostly hodling in the expectation of awesome future profits?

Of course, there is going to be all kinds of variation here, especially depending on what stages guys are in... if guys are largely still in accumulation stage, and they have not finished that stage they will have to continue accumulating.

I might not be a very good example for your various hypotheticals, because I personally have already decided to go into a kind of cashing out of 1% every quarter, at some point in the coming years as long as BTC prices are above $5k.. but I can likely wait a few years too... at least tentatively that cashing out of 1% per quarter is what I am thinking based on current cash flows... but I also would not mind increasing my spending and my lifestyle consumption matters too...   so it is possible stagnating bitcoin could put some hampering on those considerations.


Of course, no one can predict future results but... let's say Bitcoin does almost nothing after the halving... ie: it finish this year at $10K, then spends most of 2021 between $10K-$15K, then still sideways at around $15K for 2022 or even retraces some to $11K, etc....

Probably would not affect me too much with those numbers.. I might just cash out 1% per quarter... or just hold off cashing out a bit longer.. depending on if I feel that I want to go beyond my current cashflows.

What would you guys do? Keep buying? Just HODL? Sell a substantial part and move into other things? Sell all?

Again, I am likely not a good example for this because I am looking at figuring out ways to spend all of my current cash flow.. which I am still NOT really doing.. and then increase spending in bitcoin, at some point... of course, I am tentatively thinking that if BTC prices go below $5k, then I would likely add new cash to my bitcoin holdings.

And what if year 2023 comes and Bitcoin has still not breached previous ATH not does it looks like it is gonna do it anytime soon?

Might have to adjust plans based on such negativity, and if BTC is not below $5k, might still sell some, but might decide to HODL instead, depending on the BTC price... if it is looking like it might go down, and it is only in the $10k arena, then likely just stick with the plan or just HODL... maybe even change my plan to buy more... and increase my threshold from $5k to $10k.. which would cause me to buy more.  

Know what I mean? What would you guys do if/when the constant staircase growing of Bitcoin stagnates?
Yep that is starting to sound like amongst the worser scenarios.. if bitcoin stagnates going towards zero... and does not look like it is going to recover... I think maybe I would just HODL.. Maybe not invest any more and so long as prices are above $5k, would just cash out 1% per quarter in accordance with the earlier threshold considerations.  Maybe you are thinking of a different audience for this hypothetical, anyhow?


^^ Wait.... give it 10 mins or so, JJG typing..... i am waiting as well.

Hahahahaha

You fuck, JSRAW...

Are you sure that you don't have a camera planted next to my computer.   Angry Angry Angry

(WRONG.... Fake news!!!!!!   only took me 8.5 minutes to post mine after your post)
mindrust
Legendary
*
Offline Offline

Activity: 2786
Merit: 2257



View Profile
January 10, 2020, 07:10:15 AM
Merited by bitserve (1)

If bitcoin doesn't break 15k in the next 2 years, it is still by far the best investment I've ever made till now. I'll have more than %100 profits in USD and no bank can give me that. Maybe stocks can, but I don't want to touch any legacy investing anymore after I've seen how easy it is to buy/hodl btc.

Not just that, you don't really own the stocks when you buy them. You don't have the keys. Your bank does. It is different with bitcoin.

Even if it never breaks $20k and keeps being around $10k, I'll keep buying. The only moment they can make me sell is when they make btc pretty overpriced and we can observe that with all these TA indicators like Mayer&Puell multiple ...
Lambie Slayer
Hero Member
*****
Offline Offline

Activity: 952
Merit: 650



View Profile
January 10, 2020, 07:31:11 AM
Merited by El duderino_ (2), nutildah (1)

via Imgflip Meme Generator
nutildah
Legendary
*
Offline Offline

Activity: 2520
Merit: 5789



View Profile WWW
January 10, 2020, 07:45:24 AM
Merited by Lambie Slayer (1)

waitin' for bargains with the boys...
makrospex
Sr. Member
****
Offline Offline

Activity: 728
Merit: 317


nothing to see here


View Profile
January 10, 2020, 08:04:38 AM

Who programed our planets to move around the sun? Do you realize you are moving right now around the sun, even if you are siting behind your keyboard. The creator is the best programer of all time.

"The creator" turned out to be a translation error (intentional or not). It should be more something like "the creation", at best.
You better believe into Slartibartfast instead. (unless your not from norway, sorry...)
Existence is not simple, just because it's being looked at in a simple way.

My apologies to all religious believers.

Bitcoin: next few hours are critical  Grin
El duderino_
Legendary
*
Online Online

Activity: 2044
Merit: 9820


BTC + Crossfit, living life.


View Profile
January 10, 2020, 08:19:55 AM

waitin' for bargains with the boys...

Waiting for pumps with some peeps as well  Roll Eyes
makrospex
Sr. Member
****
Offline Offline

Activity: 728
Merit: 317


nothing to see here


View Profile
January 10, 2020, 08:39:53 AM

waitin' for bargains with the boys...

Waiting for pumps with some peeps as well  Roll Eyes

Volume slowly on the rise, sir. We seem to be quite on the edge of something. May it be a pump or dump, i'm finally in "bull mode".
I have to leave the house within an hour, that's when bigger moves usually happen.
supremnoob
Full Member
***
Offline Offline

Activity: 304
Merit: 106


Bored....


View Profile WWW
January 10, 2020, 09:15:08 AM

No pain no gain, boyz
mladen00
Legendary
*
Offline Offline

Activity: 2124
Merit: 1013


K-ing®


View Profile
January 10, 2020, 09:30:11 AM

Now is a right time for the bears to hibernate
kurious
Legendary
*
Offline Offline

Activity: 2576
Merit: 1618



View Profile
January 10, 2020, 09:53:40 AM
Last edit: January 10, 2020, 10:05:27 AM by kurious
Merited by El duderino_ (2)

Looking at lines and tea leaves (and stating the obvious):

I always watch the 200/50 MAs and where they're heading.  On the 1 day, it looks like we should be going gold again around March/April, just before the halving (surprise, surprise). This means a rise before then.



The wedge - which is descending and therefore ultimately bullish - is picking the recent (local) double bottom from the mid-2019 mini bubble and the descent from that high.

There can still be plunges lower within the wedge, but there is no doubt in my mind the break out will be up out of it.  The only question is how soon.  

EDIT: Apologies for the heresy of using Finex, but my stamp tab had fib lines all over it Wink
bitcoinPsycho
Legendary
*
Online Online

Activity: 2002
Merit: 1384


$120000 by end of 2023 confirmed . Slava Ukraini


View Profile
January 10, 2020, 10:05:52 AM

Just woke and hit the buy Button
FullNode
Sr. Member
****
Offline Offline

Activity: 505
Merit: 266


Don't Trust, Verify


View Profile
January 10, 2020, 10:24:56 AM

Monthly scheduled purchase $ 100
Done. Wink
Phil_S
Legendary
*
Offline Offline

Activity: 1918
Merit: 1368


We choose to go to the moon


View Profile
January 10, 2020, 10:27:53 AM

There can still be plunges lower within the wedge, but there is no doubt in my mind the break out will be up out of it.  The only question is how soon.  

I think we should be out pretty soon, last days of January or so.
fillippone
Legendary
*
pizza
Offline Offline

Activity: 1694
Merit: 11773


Merit Rascal - Pizza Maker


View Profile
January 10, 2020, 10:28:31 AM
Merited by LUCKMCFLY (1), FullNode (1)

Hello Wo gang.
I found a couple of nice graphs and opened a thread to discuss them:
A couple of interesting charts about Exchanges

Sneak peek:

El duderino_
Legendary
*
Online Online

Activity: 2044
Merit: 9820


BTC + Crossfit, living life.


View Profile
January 10, 2020, 10:32:07 AM

To be honest I am not expecting (hoping, yes) any more 5x-10x in a single year anymore. Which, for me, could even be good as in not "having" to sell a big percentage of my stash because I assume (maybe wrongly) that lacking a "too bublish" pump the subsequent dump/downtrend/bear market would not hit as hard as previous times.

And then I start to wonder what others would think/do in that situation... I mean... If the extraordinary gains Bitcoin has given in the past were not there anymore... Would most of you guys keep holding/using it as a store of value or, on the contrary, would that make you cash out an even bigger part of your stash because you were mostly hodling in the expectation of awesome future profits?

Of course, no one can predict future results but... let's say Bitcoin does almost nothing after the halving... ie: it finish this year at $10K, then spends most of 2021 between $10K-$15K, then still sideways at around $15K for 2022 or even retraces some to $11K, etc....

What would you guys do? Keep buying? Just HODL? Sell a substantial part and move into other things? Sell all?

And what if year 2023 comes and Bitcoin has still not breached previous ATH not does it looks like it is gonna do it anytime soon?

Know what I mean? What would you guys do if/when the constant staircase growing of Bitcoin stagnates?

Then those “bargain boys” will truly be satisfied that this is a bargain and they will pump us right into 6 dig
makrospex
Sr. Member
****
Offline Offline

Activity: 728
Merit: 317


nothing to see here


View Profile
January 10, 2020, 11:20:03 AM

So i'm coming home
and what do i see
a small pump has started
again without me.

Great. Now i can't get that old hiphop song out of my head.
Volume still pretty low, Go BTC, GO!
We'll see if we knock on $8k again today...

EDIT: Got it now, the song title was "Hypnotize", by notorious B.I.G.
FullNode
Sr. Member
****
Offline Offline

Activity: 505
Merit: 266


Don't Trust, Verify


View Profile
January 10, 2020, 11:23:34 AM

$7,815 Bitcoin dominance 68,5%  Weekend up Cool
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1876
Merit: 1501



View Profile
January 10, 2020, 11:28:48 AM

I wonder if there's any Bitcointalk'er dumb enough in the world to report this. Roll Eyes

JSRAW
Legendary
*
Offline Offline

Activity: 1694
Merit: 1490



View Profile
January 10, 2020, 11:32:51 AM

^^ It happens if original post is deleted by mods.

Edit : okay it seems only your reply got deleted along with original post.
Pages: « 1 ... 25568 25569 25570 25571 25572 25573 25574 25575 25576 25577 25578 25579 25580 25581 25582 25583 25584 25585 25586 25587 25588 25589 25590 25591 25592 25593 25594 25595 25596 25597 25598 25599 25600 25601 25602 25603 25604 25605 25606 25607 25608 25609 25610 25611 25612 25613 25614 25615 25616 25617 [25618] 25619 25620 25621 25622 25623 25624 25625 25626 25627 25628 25629 25630 25631 25632 25633 25634 25635 25636 25637 25638 25639 25640 25641 25642 25643 25644 25645 25646 25647 25648 25649 25650 25651 25652 25653 25654 25655 25656 25657 25658 25659 25660 25661 25662 25663 25664 25665 25666 25667 25668 ... 31847 »
  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!