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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
Total Voters: 116

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25497209 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.)
efialtis
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January 18, 2020, 12:55:55 PM

WO Bros: Anyone up for some poker action next Sunday? --> https://bitcointalk.org/index.php?topic=5217547.0

Disclaimer: Sorry for "advertising" this, be assured I dont profit at all. I would just love to have some of you guys around, too. Plus, the more players, the better. Smiley Been told @El duderino_ is a poker player?! Cheesy

Other than that - about time we hit that $10k mark isnt it!
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AlexGR
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January 18, 2020, 01:21:31 PM

Confirmed: Craig Wright doesn’t have keys to $8 billion of Bitcoin
Craig Wright’s lawyer says he didn’t receive the private keys to $8 billion worth of Bitcoin and provides an update on the Dave Kleiman court case.


https://decrypt.co/16998/confirmed-craig-wright-doesnt-have-keys-to-8-billion-of-bitcoin

tl;dr: Craig is royally fucked in about 90 days.

"However, Wright still expects that he will receive the keys at a later date."

Translation: Wright expects to get more pumping profits (BSV) in another pumping round  Grin
BitcoinGirl.Club
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January 18, 2020, 01:23:56 PM

Good morning WO!
Observing @ $8,924

We need to find a way to stay above $9k
dragonvslinux
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January 18, 2020, 01:31:42 PM

Good morning WO!
Observing @ $8,924

We need to find a way to stay above $9k

On smaller time-frames I see a way we can get back up there, but not so far a way we will be able to stay up there with 200 Day MA acting as resistance (dotted golden line).



Looking forward to some volatility leading up to the weekly close either way  Cool
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January 18, 2020, 01:42:00 PM

Apparently if bitcoin is to repeat the last pump to ath then it should reach around 400k. Besides, it seems like it's about time to start proper pumps up. We're in for a wild ride these two coming years.



This is a chart I can get behind. 400k party sounds a lot better than 100k party.


400k means four parties, yes?
if it goes to 400k I'd have 4 weeks of parties lol
bitserve
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January 18, 2020, 01:48:28 PM
Merited by mindrust (2), Biodom (1), JayJuanGee (1)

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.
boumalo
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January 18, 2020, 01:52:49 PM

The price is going up from the January 2th 2020 low around 6900 and the consolidation around 8100 usd between the 10th and the 14th of January.

There is resistance around 9000, what and when is the next resistance upwards of 9000 ?
bitserve
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January 18, 2020, 01:55:50 PM

The price is going up from the January 2th 2020 low around 6900 and the consolidation around 8100 usd between the 10th and the 14th of January.

There is resistance around 9000, what and when is the next resistance upwards of 9000 ?

$9.2K, $9.8K... and most probably $10K will also be a psychological barrier that will be crossed several times up and down (not exactly a "resistance", but more like a "turning point").
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January 18, 2020, 01:59:28 PM

Good morning WO!
Observing @ $8,924

We need to find a way to stay above $9k
I think the price isn't pumping over the weekend to not create the gap below us in the futures market. As soon as we start the Monday we should storm through 9k up to 10k
skysblu
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January 18, 2020, 02:11:25 PM

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.

Maybe not in the coming years, but sooner or later it will because at that price it would have a market cap of gold. If anyone thinks that it will never go to 400k, they are delusional fools.
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January 18, 2020, 02:14:24 PM
Last edit: January 18, 2020, 02:25:52 PM by xhomerx10


https://twitter.com/lopp/status/1218244638710140929

I have never liked anything related to anime, I will be old for this.

 It's not like we wouldn't have been the same excitement using the meme "Over 8000!".  Anyway, I have it on good authority that the actual number was only 1006.

proof:  https://youtu.be/PCHxU7witPA?t=68

bitserve
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January 18, 2020, 02:30:33 PM
Last edit: January 18, 2020, 03:57:48 PM by bitserve

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.

Maybe not in the coming years, but sooner or later it will because at that price it would have a market cap of gold. If anyone thinks that it will never go to 400k, they are delusional fools.

Ok, let's do this. If/when BTC price reaches $400K (not a bogus insta-spike) I will come here to eat my words (NOT my dick) and you and everyone else will be able to ridicule me as much as you want. I will even gladly wear, for a few days, whichever "shame hat" xhomerx has designed for the purpose (btw, we need one, homer!).

Till that moment comes, I will be (modestly) enjoying life since waaaay sooner than that as my planning doesn't depend on such ridiculously high prices.

There's that. Wink
mindrust
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January 18, 2020, 02:46:56 PM
Merited by infofront (1)

https://old.reddit.com/r/BitcoinMarkets/comments/eqblby/daily_discussion_saturday_january_18_2020/fepviu9/

This guy has a different view I guess. I too think $100k would be max price this time but what if...

Quote
So last year I made a prediction last year on January 1st. I don't think I did too bad. I thought we would bang on 6k a lot more and not just rocket through it. I thought we would double in price for the year, which we did. We just made a little pit stop to 13k first before coming back down and ending the year at 7k.

This year I think we'll double in price again to 14-15k. However, if we have another mini bubble like last year it could put us above 20k price, in which case all bets are off. If we don't break 20k I think we could bounce off of it, something like this. It would look like a big C&H on the weekly which is, of course, a bullish formation.

I've been lurking for a while here and I see talks of the next bubble. My own baseless long term speculation of the next bubble is probably a lot higher than others, which I find interesting. Many are expecting 70k to 100k and unless the long term prospects of bitcoin are already topping out then I feel that is a very low estimate. Generally bitcoin will do about 10x from the previous bubble top, which points to the next top being around 200k. I think it will get to at least that next bubble, with a higher, but less likely, target of 250k.

In fact that will lead to the perfect bubble catalyst, the overtaking of gold's market cap. If bitcoin's market cap = gold's then it would put bitcoin at 380,000 USD/coin. I guarantee you those will be the headlines that will cause the frenzy for the next bubble. "BITCOIN TO BECOME THE NEXT GOLD?" "BITCOIN IS THE NEW GOLD" "NEW ECONOMIC PARADIGM" "BITCOIN TO 1 MILLION USD?" When you see those headlines start to pop up as bitcoin hits 250k, you know that will be the top. That's your sell signal everyone. Don't miss it.

As for the bottom of the next bubble, I hope that bitcoin becomes more stable as time goes on and therefore retrace less. I still expect a big retracement from the top of the next bubble but I hope it doesn't go more than 60%. Even 70% would be harsh. If we have another 80% retracement it will leave me scratching my head as to why it isn't becoming more stable, but I'll still buy back in hard for the next bubble to 1million usd. I'll buy heavily from 100k and below.

Also, I think after this next bubble it will take longer to hit new highs and each subsequent bubble will be smaller in terms of % than the previous. Right now we are on a 4 year cycle, but I think that will increase to 6-8 years cycles. And if you take 250k as the top then to 1million that will only be 4x increase compared to the previous 10x. Smaller bubbles become more likely as the market becomes saturated. Long, long term, like decades in the future, bubbles will becomes obsolete and gains will be limited to a few % a year.

Well, that was a fun wall of text. Have fun trading everyone. I'm still just hodling and won't post that much anymore. Should be a fun two years!

According to moonmath $200k is in the realm of possibilities. (for the next 2 years)

$400k's possibility starting to become reality only after 2024.
bitserve
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January 18, 2020, 03:06:55 PM

Possible, but unlikely. I refuse to SERIOUSLY consider such radically bulltard scenarios as it could lead to poor investment planning.

Only fools said "prepare for the best". Just no.


El duderino_
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January 18, 2020, 03:08:04 PM

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.


Aiai..... bitserve.... the word “never” is just to strong to use though I do agree on trying to gain as much BTC as possible
bitserve
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January 18, 2020, 03:24:51 PM

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.


Aiai..... bitserve.... the word “never” is just to strong to use though I do agree on trying to gain as much BTC as possible

I don't think I used the word "never"... but yeah, my main point is exactly that. Price alone won't make anyone rich if he doesn't have enough stake in the game in first instance. Never.

And I only made a "bet" that I would be perfectly glad to "lose". IF. Wink
El duderino_
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January 18, 2020, 03:35:48 PM

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.


Aiai..... bitserve.... the word “never” is just to strong to use though I do agree on trying to gain as much BTC as possible

I don't think I used the word "never"... but yeah, my main point is exactly that. Price alone won't make anyone rich if he doesn't have enough stake in the game in first instance. Never.

And I only made a "bet" that I would be perfectly glad to "lose". IF. Wink

Driving and reading bad habit it seems .... excuse me sir
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January 18, 2020, 03:39:01 PM

This was refreshing. Go, kittens, go. And BTC of course.
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January 18, 2020, 03:39:31 PM

‘Weak Hands Are Out’ — Trader Who Called $20K Bitcoin Top Calls Bottom

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“The weak hands are out; the strong hands own it.”

https://cointelegraph.com/news/weak-hands-are-out-trader-who-called-20k-bitcoin-top-calls-bottom
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January 18, 2020, 03:57:17 PM

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.

Aiai..... bitserve.... the word “never” is just to strong to use though I do agree on trying to gain as much BTC as possible

I don't think I used the word "never"... but yeah, my main point is exactly that. Price alone won't make anyone rich if he doesn't have enough stake in the game in first instance. Never.

And I only made a "bet" that I would be perfectly glad to "lose". IF. Wink

I see your point and I agree, except that the current price may be too high for a newcomer to be able to accumulate "enough stake" in the game to achieve financial independence at a much lower price...

Out of curiosity, what amount would you (or other fellow WOs) consider a healthy stash that one should have in order to realistically achieve financial independence? I know that it depends on country of residence, lifestyle, etc., but would love to hear your opinions on this.
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