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Question: Is the "bear market" over?
Yes - 31 (34.8%)
No - we need to sweep the low again - 21 (23.6%)
No - we need to set a new low first - 22 (24.7%)
No - other (explain below) - 15 (16.9%)
Total Voters: 89

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 27029110 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. (174 posts by 1 users with 9 merit deleted.)
acquafredda
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November 05, 2020, 04:15:27 PM

This is fine.
we are not there, yet.
jojo69
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November 05, 2020, 04:19:59 PM

LFC_Bitcoin
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November 05, 2020, 04:20:27 PM
Merited by somac. (1)

I thought I’d be MOAR excited. I’m sitting on a hell of a lot of unrealised fiat in bitcoin here. It’s probably because $15,000 per coin is nothing when we look at bitcoin’s potential. This time next year I think we’ll see $100,000 per coin.

This is a pump for 🐜

HODL gentlemen, this is good but nothing to make you sell your precious bitcoin’s......yet!
BlackHatCoiner
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November 05, 2020, 04:27:37 PM



Why am I feeling it coming?  Cry
Biodom
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November 05, 2020, 04:31:16 PM

I am a bit upset that gold is spiking too.
What does this portend to?
I cannot imagine a scenario where gold, stocks and bitcoin go up simultaneously, apart from high inflation.
Yet, with the virus we are clearly in a somewhat deflationary situation right now.
Puzzling, but GO btc!
BobLawblaw
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November 05, 2020, 04:31:35 PM
Merited by LFC_Bitcoin (2)

https://twitter.com/girevik_/status/1324382990487662593
LFC_Bitcoin
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November 05, 2020, 04:33:18 PM
Merited by JayJuanGee (1)



Why am I feeling it coming?  Cry

Because you’re pessimistic & haven’t been through multi year bear to bull cycles before?
The halving wasn’t even that long ago, we have loads of scope for much bigger price rises. We may get a correction soon but we’re going over $50,000 easily in 2021, probably over $100,000 before we enter a new bear market.

Chill.
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November 05, 2020, 04:36:03 PM
Merited by LFC_Bitcoin (1)

Chill.
I hope you're right and I'm wrong. I haven't made a huge research about the price. I just don't want to happen what happened back in 2017. Try convincing people to believe in bitcoin after that.
gallianooo
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November 05, 2020, 04:38:03 PM

Really good to see BTC at 15K$...

From my side, it was and it is quite obvious that we will flirt this year with the previous ATH. Then, can be really explosive for 2021.

For long term holders since many many years (I am into since 6 years)... no way to sell anything now, even at 19/20K

My plan for next bullrun would be to sell :
1/3 of my BTCs at 45/50K$
1/3 at 90/100K$
The last part would be bonus (maybe some orders between 150 and 250K$).


Finger crossed Gentlemen.

vroom
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November 05, 2020, 04:38:27 PM

Chill.
I hope you're right and I'm wrong. I haven't made a huge research about the price. I just don't want to happen what happened back in 2017. Try convincing people to believe in bitcoin after that.

they will be convinced when we have a new ATH
friends1980
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November 05, 2020, 04:39:13 PM

Try convincing people to believe in bitcoin after that.

Try convincing governments not to regulate after that. Seems to be the bigger issue, if you ask me.
PoolMinor
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November 05, 2020, 04:41:23 PM

OK... This is good.

Still busy. Quickly browsed WO before checking price, and I knew what to expect.

WO pages go up, number go up!

When BTC/WO page parity? 2020? Maybe. 2021? You bet!

No choo-choos. No Carolinas. I guess we need an ATH for that.

Man, itching to make that "FUCK YOU!" slide in the presentation... OK, not just yet, but soon.

HoDL strong WOers.

Onwards & upwards!

I brought this up (text in red), 6 weeks ago. I only received 1 guess.

https://bitcointalk.org/index.php?topic=178336.msg55227266#msg55227266

My guess is 29523
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November 05, 2020, 04:42:24 PM
Merited by JayJuanGee (1)

My plan for next bullrun would be to sell :
1/3 of my BTCs at 45/50K$
1/3 at 90/100K$
The last part would be bonus (maybe some orders between 150 and 250K$).


I believe there will be no reason to sell for USD at certain point.
Only if you need cash.

I don't trust ANY government. I live in a shitful country, and I know what they can do to OUR money. But they can't do anything to bitcoin.

I have decided I won't cash out much of my BTC stash. WHen it goes to 50k USD I will probably sell a small part of it, like 20% (just to be safe in case I am wrong).

Then bitcoin will be my personal savings. Where will I put that money? Bonds, stocks? I have some of those, and I am more terrified about them than I am about bitcoin.
Toxic2040
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November 05, 2020, 04:43:36 PM

we are in the box now gentlemen     now is when it gets interesting
all ahead two thirds
carry on

#stronghands
Biodom
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November 05, 2020, 04:44:16 PM

Really good to see BTC at 15K$...

From my side, it was and it is quite obvious that we will flirt this year with the previous ATH. Then, can be really explosive for 2021.

For long term holders since many many years (I am into since 6 years)... no way to sell anything now, even at 19/20K

My plan for next bullrun would be to sell :
1/3 of my BTCs at 45/50K$
1/3 at 90/100K$
The last part would be bonus (maybe some orders between 150 and 250K$).


Finger crossed Gentlemen.



no judgement, but why the f-k people are so eager to sell something that almost EVERYBODY (with the exception of chinese, who are being actively "discouraged") are preparing to buy.

BTW, I believe that cancelling Ant's IPO is a nail in the coffin for the longer term prospects of chinese economy. When CCP starts telling business managers what to do, their "dual" system goes back to command and control party system, which knows only one path (in eventuality): to fail.

@Toxic: what's in the box?
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November 05, 2020, 04:48:23 PM
Merited by JayJuanGee (1)

My plan for next bullrun would be to sell :
1/3 of my BTCs at 45/50K$
1/3 at 90/100K$
The last part would be bonus (maybe some orders between 150 and 250K$).


I believe there will be no reason to sell for USD at certain point.
Only if you need cash.

I don't trust ANY government. I live in a shitful country, and I know what they can do to OUR money. But they can't do anything to bitcoin.

I have decided I won't cash out much of my BTC stash. WHen it goes to 50k USD I will probably sell a small part of it, like 20% (just to be safe in case I am wrong).

Then bitcoin will be my personal savings. Where will I put that money? Bonds, stocks? I have some of those, and I am more terrified about them than I am about bitcoin.

That was my point. selling around 30/33% near 45/50K$. Same at 100K$ etc..

Yes it is to get some cash for other investments (real estate in different countries, vintage cars etc..).

I really trust in BTC but there is 2 points :

1/ everyone know we will have then a bear market, so trying to plan some levels to sell, to then buy back a part later much lower.
2/ Even if you trust in BTC you cannot be to much involve in BTC (and crypto in general). Just a basic of the bankroll management.
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November 05, 2020, 04:49:00 PM
Merited by vapourminer (1), JayJuanGee (1), gentlemand (1)

It may sound a bit extreme, but...

What if, in 10 years' time, all who sold in 2020 are labeled the new "pizza guys"? Remember Laszlo Hanyecz?

Jimbo gets it. Don't sell if you don't need to. Got a job? Got incoming fiat to cover your daily expenses? Then why sell? Instead, put any spare change in BTC and slowly increase your stash.

I put some fiat I had left in a bank account in BTC, back when it was around $6k. Now I can sell it, buy a shiny new Sony α7R IV, and still have the same amount of fiat I had before. But I won't, because I don't really need the Sony, not just yet. But soon...

Sell when you must.
Buy when you can.
HoDL what you have.
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November 05, 2020, 04:49:00 PM

I am a bit upset that gold is spiking too.
What does this portend to?
I cannot imagine a scenario where gold, stocks and bitcoin go up simultaneously, apart from high inflation.
Yet, with the virus we are clearly in a somewhat deflationary situation right now.
Puzzling, but GO btc!


asset price inflation. only the stuff you really need want gets more expansive. real estate, gold, stocks, Rembrandts


10% p.a. minimum. people get 10% haircuts p.a.
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November 05, 2020, 04:51:22 PM
Merited by yefi (1)



Why am I feeling it coming?  Cry


yes, the fiat bubble is about to burst.
philipma1957
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November 05, 2020, 04:52:17 PM



Why am I feeling it coming?  Cry

As long as the election is undecided no pop.

It will go to the courts.

It will stay undecided until dec.

it may go pop then.
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