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Question: Is the "bear market" over?
Yes - 22 (39.3%)
No - we need to sweep the low again - 10 (17.9%)
No - we need to set a new low first - 14 (25%)
No - other (explain below) - 10 (17.9%)
Total Voters: 56

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26982972 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.)
600watt
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November 24, 2020, 10:21:29 PM

LOL.  The whole China Bitcoin bullshit... At least talk about miner centralization fudsters or something.  This line is so 2015.

I guess the fudsters had this waiting in their drawers.   Cheesy  I wonder why Proudhon wasn't on it. this used to be his field.
eddie13
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BTC or BUST


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November 24, 2020, 10:46:12 PM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?
OutOfMemory
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November 24, 2020, 10:47:00 PM

"Bitcoin... Just before making a new ATH."
My next thought was about my brother in law, the roofer and nocoiner that missed out at $400-ish, regretted in 2017 and refused to be paid in bitcoin, by the time it was around $9k this year, for covering the roof of a newly built part of my home. What a shame, he should have known! But he insisted that bitcoin will never go over €10k again...
What a mix of emotions. From mildly euphoric to pitiful within a second.
I can never talk to him about bitcoin again. It'd be like stabbing him with a knife forged of his two biggest crypto fails...

EDIT: Damn, i also just realized that i will likely end up one month late with my ATH choice at the poll  Roll Eyes
LFC_Bitcoin
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November 24, 2020, 10:48:50 PM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Probably a good sign, it means that this is expected in some ways. Real euphoria, FOMO & an influx of noobs will come at much higher prices. We are now where we were in late 2016 in the last bull cycle.

Obviously I’m selling nuttin at these prices.

#stronghands
#hodl
Globb0
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November 24, 2020, 10:52:21 PM
Merited by LFC_Bitcoin (2), xhomerx10 (1), JayJuanGee (1), nutildah (1), jojo69 (1), HairyMaclairy (1)

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Shut up Eddie unless its written on a naked ass we dont want to see it.



Wink


Smiley


xxx
OutOfMemory
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November 24, 2020, 10:52:31 PM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Probably a good sign, it means that this is expected in some ways. Real euphoria, FOMO & an influx of noobs will come at much higher prices. We are now where we were in late 2016 in the last bull cycle.

Obviously I’m selling nuttin at these prices.

#stronghands
#hodl

I don't consider $19k taken for granted, but it's a matter of time (a rather short duration).
ATH at the end of 30th of November would be sweet.
criptix
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November 24, 2020, 11:06:05 PM

We still have at least one more leg up this week gentleman   Cool

The worst case what i can see could happen now is that we will get a retest of the november monthly open in december similar to end of 2016.

https://www.tradingview.com/x/9MFiLrwE/



Nevertheless this is definitely the start of the next bull cycle all we need to do now is buy the fucking dip  Grin
Bergluft
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November 24, 2020, 11:18:24 PM

We still have at least one more leg up this week gentleman   Cool

The worst case what i can see could happen now is that we will get a retest of the november monthly open in december similar to end of 2016.

https://www.tradingview.com/x/9MFiLrwE/



Nevertheless this is definitely the start of the next bull cycle all we need to do now is buy the fucking dip  Grin

Mark these words - buy, the, fucking, dip!
lightfoot
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November 24, 2020, 11:28:02 PM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?
It's a mix. To be honest the first time it mooned like this I was a blubbering nut. Now that it's happening again it's like "Oh, good, it's back!". Now if it hits 100k a coin I'll be blubbering again. Maybe.
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November 24, 2020, 11:36:09 PM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?

Shut up Eddie unless its written on a naked ass we dont want to see it.



Wink


Smiley


xxx

I had 19k written but it didn’t happen till I was gone the next day..

Cross your fingers for an ath while I’m “home”...
savetherainforest
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November 24, 2020, 11:57:46 PM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?


Yeah. You. Are. Right. Smiley

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash. Smiley

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it. Smiley


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November 24, 2020, 11:58:27 PM

As soon as those walls get pulled, we're flat-lining into Buzz Lightyear territory. And those walls won't get bought into, they'll get pulled suddenly. Science has confirmed it, with a ittle help from math with the tricky complicated bits.
dragonvslinux
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November 25, 2020, 12:00:27 AM

"Bitcoin... Just before making a new ATH."
My next thought was about my brother in law, the roofer and nocoiner that missed out at $400-ish, regretted in 2017 and refused to be paid in bitcoin, by the time it was around $9k this year, for covering the roof of a newly built part of my home. What a shame, he should have known! But he insisted that bitcoin will never go over €10k again...
What a mix of emotions. From mildly euphoric to pitiful within a second.
I can never talk to him about bitcoin again. It'd be like stabbing him with a knife forged of his two biggest crypto fails...

EDIT: Damn, i also just realized that i will likely end up one month late with my ATH choice at the poll  Roll Eyes

I know what you mean about the nocoiners. I was going on about buying Bitcoin to enough people at $6K for too long in 2018, nocoiners thought I was deranged when it crashed to $3K cos it was obvs going to $1K right? Even though I said it would 2x or drop 50% so whatever, still great discount either way. Now they all don't want to know about encrypted money, because they actually understand that it has a fixed supply, regulated inflation, it's secure, they know it's probably going to go up in value, but to put it simply they don't have the technical skills to be their own bank. This is the main issue here I believe. That and being scared shitless over the idea of it losing half it's value within a week.

I don't talk to nocoiners about Bitcoin anymore, only newcoiners. A nocoiner asked me the other day "Hows Bitcoin doing then?" with a grin that looked like I should be in tears regretting all of my life's financial decisions. I simply replied "You don't want to know!" with a laugh. Some excoiners  who want to buy the top again, only to sell the bottom, sure they are alright. They are relentless. Just be a coiner, that's what I tell them. It's so much simpler that "what could of been" and "the regrets".

Or just let your fiat go to shit, see if I care.

Thread seems pretty dead for beating on a new ATH no?

I call troll.
eddie13
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November 25, 2020, 12:00:45 AM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?


Yeah. You. Are. Right. Smiley

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash. Smiley

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it. Smiley

Depressing?
Bitcoin hasn’t been “low” since like $1k..

Pffftt..
savetherainforest
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November 25, 2020, 12:05:13 AM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?


Yeah. You. Are. Right. Smiley

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash. Smiley

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it. Smiley

Depressing?
Bitcoin hasn’t been “low” since like $1k..

Pffftt..


edit(0)*:  I think its more about vanity the price gives, then an actual specific disappointing, mediocre and common weak ass ATH. Smiley

It is about:  a inflation / deflation of the time passed < > price risen < > news hype < > praise of confidence

For some of us now, the price kinda doesn't rly matter anymore. It is just a matter of hubris. A d!~k measuring contest of who can twist the flaming knife better in their enemies wound. Tongue  Roll Eyes
True Myth
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November 25, 2020, 12:34:02 AM
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Was waiting for someone to compile this info this time around...

https://www.visualcapitalist.com/bitcoin-is-near-all-time-highs-and-the-mainstream-doesnt-careyet/

BTC price
vs Google Searches
vs Media Mentions
vs Twitter Mentions

For math and science reasons
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November 25, 2020, 12:47:16 AM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?


Yeah. You. Are. Right. Smiley

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash. Smiley

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it. Smiley




20k today is lower then 13k was last july 2019

So if we make 25-30k this year we equal july 2019

to make dec 2017 high of 19666 now today we need to be at 78k

while all of the above is based on mining profits and most coins are already mined mining still has some influence on liquidity of btc.

I would not get very excited until we clear 50k.

which is why most 20k speak is meh who cares.
nullius
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November 25, 2020, 01:15:16 AM

Thread seems pretty dead for beating on a new ATH no?

I call troll.

In approximately the past four days, I missed about a zillion pages of WO just because it is moving too fast, and I do not currently have time even to skim it.

Is that itself a market indicator?  ;-)
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November 25, 2020, 01:15:43 AM

Thread seems pretty dead for beating on a new ATH no?

Or you all to busy crossing your fingers and rubbing your hands together?


Yeah. You. Are. Right. Smiley

The reason is that the last few years felt a bit depressing when looking at the price. And now, 20K just doesn't feel enough anymore.

Maybe at 250K some of us will get some 'inner spark' so we can combust and burst in flames from the excitement, that the whole world is giving a flying buzz about the price. But that will not happen until all sorts of media sources start buzzing some sort of nihilist attitude towards Bitcoin, and every time the price goes up against their propaganda and eventually they capitulate in saying every week that the price will crash. Smiley

Imagine telling the media every week that trump won fairly after a new recount for that week, and they would just give up after a while to try to convince the majority that anything over 50% it is actually less just because they can't accept it. Smiley




20k today is lower then 13k was last july 2019

So if we make 25-30k this year we equal july 2019

to make dec 2017 high of 19666 now today we need to be at 78k

while all of the above is based on mining profits and most coins are already mined mining still has some influence on liquidity of btc.

I would not get very excited until we clear 50k.

which is why most 20k speak is meh who cares.

I understand where you are coming from, but super profits attained in 2017 are unlikely to EVER occur in terms of profitability for a simple reason that a crazy amount of machines will be produced at 80K, which would decrease profitability. In fact, best times for mining in terms of btc gained were not in 2017, as you know. in dollar terms, of course this happens any time when prices skyed, but miner production did not catch up yet and then we had situations that you could not find a miner for a reasonable price.
I checked ebay- very high prices for used miners. S17-$2000...wow.
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November 25, 2020, 01:16:45 AM

CORN pardoned!!  Shocked ===> 20k gobble gobble Grin

 
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