Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[2020VISION]

Looks like an excellent moment to load up on some extra coins.


daily


weekly

Return of the bull within 3-5 months.

^hangmans' formation  weeeeee

[eddie13]

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

"The declaration would free up as much as $40 billion in financial resources to assist Americans affected by the outbreak."

How absolutely pathetic the gov and fed is.. They disgust me..

They can pump 500 billion - 1.5 trillion into the stock market, but we are supposed to be happy with 40 billion to help actual people?
What pieces of shit..

I'd rather they spent nothing and just let it all burn to the ground, right along with Bitcoin, because now we all know Bitcoin is just junk that will dump right along with the rest of the fake economy..

Did any crypto actually do its job? XMR? DASH? GRIN? DOGE?
Quick scan of CMC = NO.. All cryptos are equally junk..

Gold? Nope.. It's dumping too..

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

[Biodom]

To keep things very simple, we had:

-December 2017: all time high 19.5k
-January 2019: low @ circa 3k
-June 2019: lower high @ 13.7k
-December 2019: higher low @ 6.4k
-February 2020: lower high @ 10.5k (very crucial price, the bulls will buy massively if we break above)
-March 2020: lower low 4k compared to December 2019, but higher low compared to January 2019

What is worrying in this thread is the constant higher lows (19.5k - 13.7k - 10.5k), this also means we should see at least another bounce (which would be a lower high again) at some stage, around 6.4k at least.

If I could invest big money (sadly my money is stuck at Epayments right now) I would buy a lot of Bitcoin to sell at 6.4k eventually (conservative approach).

What I also think is possible is to see a lower low compared to January 2019 which would mean 1k to 2.5k area (scary but possible). But if you are mentally strong it doesn't matter, we should see 6.4k again.

probably part of the reason that you do not have money to invest on your ideas is because they are dumb.

Furthermore, you seem to be selectively treating bitcoin as if it were some kind of abstract asset, and it is not.. we have convincing price prediction models that are likely to blow your dumb theories to shame... so good luck with that.. and I hope that you, at least, have stocked away enough money to pay LFC. which you are likely going to need to do long before the deadline of your December 2021 bet ending date.

Exactly, he (and Peter Brandt) treat it like some abstract value that can fluctuate randomly when there are much better models describing it.

[Cryptotourist]

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

Okay, so what do you suggest?
Some laugh, some do.

Have you sobered up? Wait for me.

[Biodom]

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

"The declaration would free up as much as $40 billion in financial resources to assist Americans affected by the outbreak."

How absolutely pathetic the gov and fed is.. They disgust me..

They can pump 500 billion - 1.5 trillion into the stock market, but we are supposed to be happy with 40 billion to help actual people?
What pieces of shit..

I'd rather they spent nothing and just let it all burn to the ground, right along with Bitcoin, because now we all know Bitcoin is just junk that will dump right along with the rest of the fake economy..

Did any crypto actually do its job? XMR? DASH? GRIN? DOGE?
Quick scan of CMC = NO.. All cryptos are equally junk..

Gold? Nope.. It's dumping too..

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

The game is not played in one day.

[Cryptotourist]

BTW Biodom, I remember roughly a year -or less- ago, you sketched your prediction of how BTC would do.
That included this massive dip.

Well done sir.

[Biodom]

BTW Biodom, I remember roughly a year -or less- ago, you sketched your prediction of how BTC would do.
That included this massive dip.

Well done sir.

Did I? lol, thanks
I am making quite a few predictions, at least some has to stick 

[eddie13]

Okay, so what do you suggest?
Some laugh, some do.

Yes laugh..
Take the clownpill..

[LFC_Bitcoin]

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

Yeah, well, I meant besides that... ehmm... mindrust accident.

Were you able to buy at the bottom as you planned?

Bought 2BTC today at $52xx

[El duderino_]

Where we going at 

[SoulMortal]

Where we going at 

We are going down at $1k. Be prepared to buy bitcoins cheap.

[podyx]

Where we going at 

sub 2k

 

[mindrust]

Guys, sorry for saying this but fuck crypto.

We are all going to die if they don't fix this shit soon. (or we'll wish we are dead) There are far more important shit going on and bitcoin's price is the last thing I am worried about right now. A lot changed in the last 24 hour.

The virus is spreading like how do you spell that shit expotential wat... error54 exponential? something like that.

[bitserve]

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

Yeah, well, I meant besides that... ehmm... mindrust accident.

Were you able to buy at the bottom as you planned?

Bought 2BTC today at $52xx

That's surely a sizeable amount. I would have probably DCA it but... I have a hunch that it is just what you needed to reach your round number and you couldn't avoid doing it already

[HI-TEC99]

Guys, sorry for saying this but fuck crypto.

We are all going to die if they don't fix this shit soon. (or we'll wish we are dead) There are far more important shit going on and bitcoin's price is the last thing I am worried about right now. A lot changed in the last 24 hour.

Buy back in if it goes below what you sold at, then hodl for a year.

[bitserve]

Guys, sorry for saying this but fuck crypto.

We are all going to die if they don't fix this shit soon. (or we'll wish we are dead) There are far more important shit going on and bitcoin's price is the last thing I am worried about right now. A lot changed in the last 24 hour.

The virus is spreading like how do you spell that shit expotential wat... error54 exponential? something like that.

That's why I didn't care that much about Bitcoin dumping and wiping a HUGE chunk of my net worth. At this worldwide situation, it is just funny numbers going up and down. No reason to panic over it.

[bkbirge]

Great first post. You have a plan that you reasoned out for your circumstances and you are sticking to it while being open to continually evaluate its effectiveness.

I have jumped in with both of my feet. I told myself if I ever had an opportunity under 5k I would make sure I have an entire bitcoin. Last of my money for non essentials in and now have about 1.1 bitcoin.
I have 2 alt coins but they are worth less than 500 dollars in total. 6 months after the reward reduction I will just extract 2k dollars for the new opportunities fund. I am expecting this will result in still holding an entire bitcoin which I will hodl for my retirement fund or if it reaches the 500k USD level before I may extract 100k and use it to buy 50k gold and 50k silver.

The thing I really like about bitcoin is that they can will stick to 21 million.  I am no longer worried about my fiat savings eroding now they are invested in other assets. These are high risk to some, but I view the risk to reward far easier to sleep with than the sure loss with no possible upside of accumulating fiat.

I will be watching this thread again because some members predictions had helped me increase my small bitcoin holdings by weaving in and out. I won't sell even .1 before 20k. This I believe will be in around 8 months.

[HI-TEC99]

Where we going at 

I dunno, brother. All I know is Rick wants to go out for TexMex tonight with a friend that is in town. I don't feel like driving downtown in my baby, parking at his office, and having the chance of our Uber driver being all coughing and sneezing.

Probably just drive ourselves to the restaurant, and ditch the Uber; end up in a restaurant filled with coughing people eating tacos with hot-sauce, sneezing pico de gallo everywhere.

Sheeit.

I picked a bad time to have anxiety/depression.

I'd be more worried about the person making your taco coughing his guts out all over it. I'm giving restaurants a miss until this virus outbreak is over.

[bitserve]

Where we going at  

I dunno, brother. All I know is Rick wants to go out for TexMex tonight with a friend that is in town. I don't feel like driving downtown in my baby, parking at his office, and having the chance of our Uber driver being all coughing and sneezing.

Probably just drive ourselves to the restaurant, and ditch the Uber; end up in a restaurant filled with coughing people eating tacos with hot-sauce, sneezing pico de gallo everywhere.

Sheeit.

I picked a bad time to have anxiety/depression.

"State of Emergency" declared in Dallas County, Gov. Abbott declares "State of Disaster" for Texas, and Rick wants fucking TexMex.

Just...

Don't you have a nice house? I guess you have. Invite your friend and order the best mexican food available. Share stories about how we are all going to die and fucking laugh at it sipping the best champagne. Problem solved.

[BayAreaCoins]

Bitcoin headed to $5,000! (staying on topic)

Missed it!

I'm praying the VC's are giving up on the dream of Bitcoin being money they way they see it (SEC filings and things of that nature).   Sell off their massive stakes for-profit and let the little turds start buying again.

Bitcoin felt "right" at $100... it's felt very wrong since $1,500 + to me.