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

[El duderino_]

I would not be surprised by a downward bart at this point. This is Bitcoin. Be ready for anything.

I would also not be surprised if at the halving the price stagnates then falls when people need to pay their bills.

There are a lot of people right now buying because people are proclaiming "the halvening! price to the moon!". People new to Bitcoin are buying based on the promise of riches. Then when those riches do not come, they will be re-thinking things when bills come due. Or if there is a dip and they get scared. They will FOMO down just as they FOMO up.

Indeed....

But I also wouldn’t be surprised if we beat our last year highs .... and maybe ATH

Why ... cause of you wise worth’s

This is BTC anything is possible

[JayJuanGee]

We will probably see a spike immedietely after halving, you know bulltards buying, Whales could potentially dump at the same time to take advantage of extremely predictable liquidity

In your short-time participation in this thread, SwayStar123, you have been very "insightful" and "helpful"....


Almost to the extent of showing that you hardly know shit......



But, hey, we all have to start somewhere in our bitcoin journey.  right?


Maybe I am just a bit irritated by your purposeful use of a "bulltard" descriptor.... ..  Is there such a thing?  Perhaps there is.....

 It's almost as if you are trying to show yourself as some kind of "smarter than" the rest of us.. but then that causes me to question your own smartness or at least your intentions.

Many participants in this thread have actually made a lot of money over the years, and many times by attempting to employ a fairly simple (but not always easy) three part formula... which would be to 1) DCA....., 2) buy on dips if you can, 3) otherwise HODL......  For some strange reason, following such formula doesn't seem to tarded to me.. even if sometimes following such formula can feel a bit painful.. but it has largely worked, and there seems to be little to no reason to doubt such formula, in spite of your seeming attempts to denigrate the whole image of those who are largely bullish about bitcoin.

I don't want to invite you to inform us about what you might know that we do not know, because it seems that you likely don't hardly know shit.. as I have already mentioned above.

Did not mean to offend people who are just slowly investing or DCAing into bitcoin, by bulltards i meant people who will buy/long the second after halving because of some vague reason like "its a special time" while not realizing that the effects of halving take place over months

I doubt that the appropriate label for those kinds of people would be "bulltard," and probably a more accurate descriptor would be to label them something like "newbie."  

There are a lot of newbies coming into bitcoin on a regular and ongoing basis.  It is just a part of the drill to any kind of emerging asset class, and we can hardly avoid that a decent number of the "newbies" coming into bitcoin  are going to get burned from time to time, especially in the beginning, because it can take a quite a while to learn about bitcoin and even how to manage and balance it into your finances.

Many of us have to learn by our mistakes rather than learning by text book or even by learning from the mistakes of others.  Sure some people learn faster than others and some people do not even have to make as many mistakes themselves because they are somehow able to learn from the mistakes of others.

I think that there are a large number of us who participate in this thread who have made various bitcoin related mistakes along the way, especially the longer that any of us has been somewhat involved in bitcoin.  Learning takes a while, and sometimes even seemingly veteran bitcoiners make decent-sized mistakes... perhaps Trace Mayer might be an example of such veteran bitcoiner who may have ended up biting more than he can chew and even becoming a bit too arrogant (not humble enough)... Anyhow, mistakes come in all kinds of flavors... like the famous expression: "mistakes were made."  

[JayJuanGee]

Absolutely it takes a while for the full effects of the having to be seen. Most of us have been HODLING for years though, we don’t need or expect to see instantly sky high prices after the halving.

Moon = Q3 or Q4 of 2021.

Ive got absolutely nothing against hodlers, this thread was supposed to be for bitcoin price movement discussion right? I just discussed the potential price movement that bitcoin could have, dont know what everyone is so angry about, in the long term, this is definitely a good place to buy, but short term? definitely not (IMO)

Could be the last opportunity to get four digit coins.^tm


#Just saying.


You heard it here, first.  Don't shoot the messenger. 

[Last of the V8s]

https://twitter.com/J0E007/status/1258337347378335745?s=20


joe's off

[JimboToronto]

I would not be surprised by a downward bart at this point. This is Bitcoin. Be ready for anything.

Indeed. Anything can happen, even a steep drop after the halving. Of course this would fly in the face of history.

There was no drop at all after the first halving on Nov 28, 2012. Instead it started a bubble that saw it go from $12 to $266 barely 4 months later.

There was a steep drop 3 weeks after the July 9, 2016 halving but that was too long after to be attributable to the halving itself. History doesn't predict the future though. Anything can still happen.

Many people seem to think that a post-halving dip is inevitable.

Nothing is inevitable with Bitcoin, except maybe its long-term increase in value.

Anything can indeed happen.

[AlcoHoDL]

Potential bart pattern playing out

Pumps, dumps, barts... Just wait a few years, and they won't even register on your screen, compared to the stratospheric value that Bitcoin will have reached by then.

Just like your chart above [img width=1].

Just Zoom Out!^TM

[bkbirge]

I would not be surprised by a downward bart at this point. This is Bitcoin. Be ready for anything.

A flash-crash dropping back below $7.5k USD/BTC wouldn't even phase me right now, TBH.

It's settled then. Time to go short on bitmex with 100x leverage.

[Biodom]

I would not be surprised by a downward bart at this point. This is Bitcoin. Be ready for anything.

Indeed. Anything can happen, even a steep drop after the halving. Of course this would fly in the face of history.

There was no drop at all after the first halving on Nov 28, 2012. Instead it started a bubble that saw it go from $12 to $266 barely 4 months later.

There was a steep drop 3 weeks after the July 9, 2016 halving but that was too long after to be attributable to the halving itself. History doesn't predict the future though. Anything can still happen.

Many people seem to think that a post-halving dip is inevitable.

Nothing is inevitable with Bitcoin, except maybe its long-term increase in value.

Anything can indeed happen.

yes, and with this pre-halving being so wicked because of the virus...it is unpredictable.
The crazy thought (that nobody also expects) is we go supra-exponential from the getgo a la 2012.
I'll give it a 10% chance, at least.

[AlcoHoDL]

Sorry if already posted.

Kraken is having a VR Halving Party, Sunday May 10th from 16:00 to 20:00 UTC!

https://blog.kraken.com/post/4858/krakens-vr-halving-party-the-full-lineup-revealed-rsvp-instructions/

Nice!

[Last of the V8s]

Steepen the curve!
Halve the emission rate!
Increase the R rate!
Spread the word!

[cafetools]

I just woke up after going to sleep at $9250, now the price is $9569!!!!!!!!!

I am glad I sold all my altcoins i have been trading into Bitcoin before going to bed.

[bitcoinPsycho]

I just woke up after going to sleep at $9250, now the price is $9569!!!!!!!!!

I am glad I sold all my altcoins i have been trading into Bitcoin before going to bed.

Your still dreaming

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $9,595
$10k soon!

[bitcoinPsycho]

The words GO bitcoin GO come to mind

[VB1001]

[eddie13]

Looking optimistic for an assault on $10k before the halving!

[Last of the V8s]

ninety seven hundred bucks

[Toxic2040]

[Raja_MBZ]

Whew! $10k next?

Really sorry to hear that fucken guy went off with your money, Raja
Hope it turns round, that's a lot of money.

Hopefully! It looks quite sh!t right now. Still no reply. Opening a scam accusation thread, collecting stuff.

Its possible they were just using the old transactions to build up reputation, then using that reputation to scam you, since it was clear no one was profiting off of those transactions as mentioned in the OP, also most of the trust he gained was from sending first, and you allowed him to send second, which was probably didnt help

Good point. Thanks!

Raja I've got a brand new Alienware laptop I don't need. It's a bargain for you just $800 in BTC. If interested please let me know and I'll send you my BTC address. Deal?  

I really appreciate your offer; I received a similar offer from rdbase as well, I appreciate that too! However, I'm no longer going for an expensive gift, will just delay it for a few months.

@Raja_MBZ: The scammer played it smart, by agreeing to receive the quarter ($250) installments, in order to gain your trust, and he did... I would probably do the same as you, being influenced by the eBay culture, where I've bought hundreds of things and always paid upfront in full ($500+ in some cases) without any problems.

Your story serves as a lesson to all of us, to never trust anyone we don't really know, especially when it comes to Bitcoin. "Don't trust, verify!" is the motto. Bitcoin's strength of irreversibility can cut both ways, like a double-edged sword. Got to treat it as such.

Yeah, it's a lesson for all of us. A bit expensive one for me, but a free one for you guys!

You should post in Scam accusations to stop him from scamming others.   The account still shows positive trust and your BTC have moved since you sent them to him.

I hate to see this happen, because I've done business with petahasher several times with no issues.  If this issue hasn't been resolved by now, Raja_MBZ really does need to open up a formal scam accusation thread instead of discussing it here.

Hopefully this doesn't turn out to be a scam by petahasher--but stick around bitcointalk long enough and you'll see reputable members go rogue.  Again, I'm hoping that's not the case here.

I appreciate your reply! Yes, I'm opening a scam accusation thread. Let's discuss this there, instead of going off-topic here.

The BTC has already moved. It looks like you sent it straight to an exchange address. He hasn't been online since May 3rd... Not a good sign. Let me know if you need help opening a flag on him -- that will put the red "Warning: this person is a scammer" label at the top of all their threads.

His last post is a bit ominous:

At this point I should just write a book on how to scam and sell it to some of you idiots (I won't, this is just a joke).

Yes, I'll need help from you guys. You can do that once I've posted the stuff in a separate scam accusation thread.

You can say dirty fiat ... but sometimes there is use for that dirt 😬

Hoping the best for you and hoping you’re not scammed by an idiot

Heh, yeah.

In their previous trades no one thought this account was trustworthy enough for them to even consider to go first. Yet they offered to use escrow on their trading thread.
I dont know why raja didnt opt to go through with the trade in this route.
I wouldnt be surprised if they blame it on covid19 for immediately going offline and disconnecting from telegram as soon as they received the bitcoins.
When were you going to create that thread in the reputation topic so can move this post there. Cause this is wall observer and not watch the scammers thread.

Yes, let's move to the scam accusation section. We're only being off-topic in here.

[Last of the V8s]

endless waves of false tops incoming

don't sell your shit too early

ooh fifty grand?

no, get a grip, think big