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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25492526 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.)
Wekkel
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March 12, 2020, 10:12:16 PM

People have only started panicking. We are not even in the eye of the storm yet.

That’s the spirit.

Only when I contemplate not selling my stash because it isn’t worth shit anymore anyway, is the moment I know we will have hit rock bottom.

The best solution for low prices still is ... lower prices  Grin
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Torque
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March 12, 2020, 10:13:27 PM

Wait. What happens if miners decide to stop mining because its currently not worth it?

Well then as difficulty decreases, you simply buy a few of these bad boys, plug em in to pc and start mining your very own bitcoin!

Easy peasy!

...oh wait a minute....

If hashrate falls, I imagine these will become a hot selling item...

https://www.amazon.com/dp/B07ZDLKC44/ref=sspa_dk_detail_5?psc=1&pd_rd_i=B07ZDLKC44&pd_rd_w=FfvJu&pf_rd_p=45a72588-80f7-4414-9851-786f6c16d42b&pd_rd_wg=EpCf7&pf_rd_r=QE4RVCH2DR9FPHS9RFYE&pd_rd_r=254c46de-42cf-40b0-a111-9ab2eccb1b96&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUExMlZLRTJaUzhVNTAzJmVuY3J5cHRlZElkPUEwODk1MTczMUlQMFUzVVdHRDFZUCZlbmNyeXB0ZWRBZElkPUEwNTg5ODM1MU85SUQyUFoyR0ZPUiZ3aWRnZXROYW1lPXNwX2RldGFpbCZhY3Rpb249Y2xpY2tSZWRpcmVjdCZkb05vdExvZ0NsaWNrPXRydWU=
Lambie Slayer
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March 12, 2020, 10:14:07 PM



"Yeah, it's true. My parents got coronavirus. Crazy. They're both down in Australia right now because my dad was shooting a movie down there, but I just got off the phone with them. They both are fine – they're not even that sick."

Lol, as the rich all start getting tested at the slightest cough we are gonna see the case fatality rate plummet to reality.
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March 12, 2020, 10:14:19 PM

I am having trouble with sleeping. I feel sick. (No it is not corona)

better is to observe the 200WAM precisely the whole night. I don't want to wake up and it is broken through.
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March 12, 2020, 10:14:23 PM

I am having trouble with sleeping. I feel sick. (No it is not corona)

Unfortunatly, we are still going to have to send you, for your own safety, to the Chinese quarantine room. Or as they call it: 集中营.

WO dudes watch the 200WMA.  ridiculous! Roll Eyes

did Russia start the nuclear WW or what happens?

Why would Russia start it? If anything, Russia has been taking America's crap with outstanding patience.





"Yeah, it's true. My parents got coronavirus. Crazy. They're both down in Australia right now because my dad was shooting a movie down there, but I just got off the phone with them. They both are fine – they're not even that sick."

Lol, as the rich all start getting tested at the slightest cough we are gonna see the case fatality rate plummet to reality.

As I said, the thing I fear most right now is the human panic. And my lack of fiat to buy new coin.


edit: wait what movie?
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March 12, 2020, 10:15:17 PM
Merited by JimboToronto (1)

People have only started panicking. We are not even in the eye of the storm yet.

That’s the spirit.

Only when I contemplate not selling my stash because it isn’t worth shit anymore anyway, is the moment I know we will have hit rock bottom.

The best solution for low prices still is ... lower prices  Grin

Have Tim Draper or the Winklevii sold anything yet? No? Ok I'm good then.  Grin
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March 12, 2020, 10:16:23 PM


Bitcoin as of now is dropping where the stock market would like to crash too, as well, the only difference is the so-called stock market circuit breakers


But Bitcoin has market "circuit breakers". The exchanges routinely go offline during massive pumps or dumps.
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March 12, 2020, 10:18:53 PM

WO dudes watch the 200WMA.  ridiculous! Roll Eyes

And the rest  Grin



please Slow It Down

and then Don't Tell Me That It's Over please
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March 12, 2020, 10:19:54 PM



As I said, the thing I fear most right now is the human panic. And my lack of fiat to buy new coin.


Get real. The thing everyone fears most right now is running out of toilet paper.
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March 12, 2020, 10:22:05 PM

In need for some sober HM hopium  Cool

Purple Lines Matter

OutOfMemory
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March 12, 2020, 10:23:15 PM

I am having trouble with sleeping. I feel sick. (No it is not corona)

better is to observe the 200WAM precisely the whole night. I don't want to wake up and it is broken through.

Please post a screenshot. Just for reference, because i only have SMA in my charts.
thanks

EDIT: Saw it already. Posting frequency today is unbelievable. I don't remember hitting "save" on new comments so often as today.
sirazimuth
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March 12, 2020, 10:24:25 PM

Wait. What happens if miners decide to stop mining because its currently not worth it?

Well then as difficulty decreases, you simply buy a few of these bad boys, plug em in to pc and start mining your very own bitcoin!

Easy peasy!

...oh wait a minute....

If hashrate falls, I imagine these will become a hot selling item...

~snip...very large coded link~

No doubt.
The majority of my coins were actually mined on Antminer  S4's .
Thankfully, I sold the miners and hodeled the coins.
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March 12, 2020, 10:25:45 PM
Merited by JayJuanGee (1), Lambie Slayer (1)

Again, I expect a 40% hit on the stock market and 60% on BTC/crypto.

I see no path out here. Tis a complete 'miner capitulation' for ASIC miners IMHO because of halvnig..that's all she wrote boys and girls.

brad

Brad, I'm surprised you are even in Bitcoin to begin with. You are literally the most easily panicked Bitcoiner I know on the WO. It's a wonder you have any bitcoin left at all.  Roll Eyes
goldkingcoiner
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March 12, 2020, 10:27:48 PM
Merited by HI-TEC99 (1)



As I said, the thing I fear most right now is the human panic. And my lack of fiat to buy new coin.


Get real. The thing everyone fears most right now is running out of toilet paper.


No but seriously, society is a Tom Hanks tweet away from looting and rioting. Am I the only one who sees the storm coming?
OutOfMemory
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March 12, 2020, 10:28:02 PM

^^ 60%?
So back to $3k.
Rinse and repeat...
Wekkel
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March 12, 2020, 10:28:04 PM

Beginnings of a hammer candle forming on the 4hr chart. Precious Bitcoin may investigate $6,xxx during the night.
Gyrsur
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March 12, 2020, 10:29:09 PM

I am having trouble with sleeping. I feel sick. (No it is not corona)

better is to observe the 200WAM precisely the whole night. I don't want to wake up and it is broken through.

Please post a screenshot. Just for reference, because i only have SMA in my charts.
thanks

EDIT: Saw it already. Posting frequency today is unbelievable. I don't remember hitting "save" on new comments so often as today.

sorry there was a typo above.

200 weekly Simple Moving Average I mean
fillippone
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March 12, 2020, 10:32:42 PM

Miners are going to be fucked!

Isn’t break even on production at about $7,000 on average?

$ 3,500 I have been told by some insider. But consider they are already battling because of the difficulty skyrocketing.

According to https://diff.cryptothis.com/ next diff adjustment will be lower.
This mean many miners already capitulated!

This is my last message about it.


Gyrsur
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March 12, 2020, 10:36:11 PM

Miners are going to be fucked!

Isn’t break even on production at about $7,000 on average?

$ 3,500 I have been told by some insider. But consider they are already battling because of the difficulty skyrocketing.

According to https://diff.cryptothis.com/ next diff adjustment will be lower.
This mean many miners already capitulated!

This is my last message about it.

you're still alive in Italy? respect!
Amlloi
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March 12, 2020, 10:36:23 PM

Miners are going to be fucked!

Isn’t break even on production at about $7,000 on average?


$ 3,500 I have been told by some insider. But consider they are already battling because of the difficulty skyrocketing.

According to https://diff.cryptothis.com/ next diff adjustment will be lower.
This mean many miners already capitulated!

This is my last message about it.

To fill the gap at 3560 $ . Check it at CME Bitcoin chart on tradingview time frame 4h of last year in March I guess


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