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

[edgar]

80% of people here are PERMABULLS and do just 1 thing, they post "HODL", "sorry for your loss, get cheap coins" or "up, up, bulls!". What is the purpose of such posts?

Permabulls proved to be right. On the contrary, people saying that bitcoin is broken and should be sold out proved to wrong. Simple, isn't it?

No permabulls werent right. They say HODL all the time. That makes them lose much money, because if they start looking at charts and analyze them they will see good moments for selling and buying coins for cheaper. Going permabull with 100% HODL ratio is just stupid imo. And people recommending that to others are also stupid for me - they have nothing worthy to say about chart, that's why they post "HODL" - only way to add their 2 cents to the speculation.

just to support my idea:

do u even own any btc?

it doesnt sound like you do

[conspirosphere.tk]

This is not a children fight, BU is a very bad update for Bitcoin.

It's an inside job.

[conspirosphere.tk]

just to support my idea:

Your chart shows that even being so lucky to sell at the very top along the channel and buy at the very bottom every single time the gains would be scarce, while the risk of missing a buy and being left behind would be great.

Selling some along the way up is wise, but then do not count on being able to jump back on the train at a discount later.

[becoin]

No permabulls werent right. They say HODL all the time. That makes them lose much money, because if they start looking at charts and analyze them they will see good moments for selling and buying coins for cheaper.

Permabulls are right. You are not. You fail to see the difference between losing money and making more money than you do.

[Torque]

Yeah, it sucks losing money as HODLer these last few years. Really sucks.

If I keep up this rate of losing, I'll only retire by 2020. 

[Micky25]

[hv_]

That looks very German - 'wohnen'   

[vortex1878]

That looks very German - 'wohnen'  

Blessed are those who can read...  

Edit: The "Neueröffnung" does indeed look very German though. 

[vortex1878]

No permabulls werent right. They say HODL all the time. That makes them lose much money, because if they start looking at charts and analyze them they will see good moments for selling and buying coins for cheaper.

Permabulls are right. You are not. You fail to see the difference between losing money and making more money than you do.

Plus the risk of really losing when trying to make more. ^^

[JimboToronto]

Good morning Bitcoinland.

Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).

This will never get boring for those of us who are more interested in Bitcoin than in merely trading.

It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.

To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.

I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".

[jbreher]

First of you loudmouths harping about 'crappy BU code' who can actually exploit this so-called weakness is welcome to my stacks.

I have no idea what your jurisdiction is, but aren't you encouraging someone to break the law here? Which... again depending on your jurisdiction, may also be illegal.

My (admittedly drunkenly-expressed) point is... in the grand scope of things, this bug was inconsequential. The only thing at risk was connectivity. Yeah, it was an issue. Now its over. We move on. So what?

[Torque]

First of you loudmouths harping about 'crappy BU code' who can actually exploit this so-called weakness is welcome to my stacks.

I have no idea what your jurisdiction is, but aren't you encouraging someone to break the law here? Which... again depending on your jurisdiction, may also be illegal.

My (admittedly drunkenly-expressed) point is... in the grand scope of things, this bug was inconsequential. The only thing at risk was connectivity. Yeah, it was an issue. Now its over. We move on. So what?

You're right, now it's over and we move on.... to SegWit.

[JayJuanGee]

I have a feeling that we are in a bull trap phase  

Does your "feeling" come from the fact that you sold your bitcoins in the lower $1200s?  

Sorry for your loss.

You may be able to buy some "cheap coins" now, before you get left behind any further.


In other words, we are continuing to experience a lot of buying support and a lot of continued upwards price pressures.

The source of such upwards BTC price pressures remains unclear, but it seems a bit widespread and maybe even "organic"... hahahahahaha..

GREAT!!!!!  

Bitcoin is in a great place with a 20 day streak of ATH daily weighted average prices - and we have to break below $1,132 before the streak of ATHs stop... .. Quite amazing place to be for bitcoin!!!!

And Why do you say so? Im looking at the chart and I can see that we are fconstantly fighting with resistance in uptrend. There is pretty big possibility that we will break it and btc drops

80% of people here are PERMABULLS and do just 1 thing, they post "HODL", "sorry for your loss, get cheap coins" or "up, up, bulls!". What is the purpose of such posts? When you have nothing to support your theory why you even write?

Well, if you view 80% of posters here as delusional, then you might be missing some interesting, relevant and material facts about bitcoin, no?

If you are attempting to look at bitcoin as if it were a mature industry,then you are missing something.

Have you ever heard of s curve adoption phases, networking effects and concepts like that?

Have you ever heard about paradigm shifting technologies, such as bitcoin, that is unparralleled in the world - and that is a secure decentralized immutable form of value storage and transfer.  Currently, there are no other systems in the world that even come close to approaching bitcoin in that regards.

Sure, we could experience some additional downwards correction and downwards price movements, but the reality of the matter seems to be that there continue to be ongoing upwards price pressures based on the some of the concepts that I describe above.

You can consider that as delusional or out of touch with reality all that you want, but that is likely your own delusion rather than those folks who you are characterizing as 80% of this thread.

Good luck to you with your pessimistic view and your overselling and insufficient buying of bitcoin.. hahahahahhaha   

[becoin]

Why are all BUcoiners so eager to cripple Bitcoin? Didn't they learn anything from XT and Classic scams? Don't short Bitcoin! Period!

[york780]

volume : 0 for the last 10 minutes  Never saw this before

[BinaryReign]

Good morning Bitcoinland.

Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).

This will never get boring for those of us who are more interested in Bitcoin than in merely trading.

It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.

To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.

I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".

I, like others, look forward to your posts like these, thank you!

Haven't seen Wolf of Wall Street myself, but I have already seen "The Big Short". Everyone who reads or posts here should see that at least once, totally relevant, in fact, I think that someone here already said this, and that's why I watched it lol  

[york780]

Wolf of Wallstreet is a good movie, quite funny. Great storyline.

[Arcteryx]

That looks very German - 'wohnen'  

Blessed are those who can read...  

Edit: The "Neueröffnung" does indeed look very German though. 

So this is where the spelling for it came from.
I always envy the German ingenuity for their grammar correction.

volume : 0 for the last 10 minutes   Never saw this before

It is very stagnant right now with nothing happening. I think the Chinese exchanges are at a stand still right now.
So nothing is happening to cause anything to make it drop or rise.

[york780]

Its atechnical issue, i use cryptowatch to analyse the volume and price etc and cryptowatch just crashed i think.

[podyx]

Altcoins just keep rising smh