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

[JayJuanGee]

damn

we're almost down to the parabolic-er-er-er line set by the low on the 22nd

I guess parabolic-er-er-er-er is postponed for now

Hey Jojo69... I believe that around $5k, you had said that you were trading around $1k intervals, and now?  $2k intervals or larger?  I wonder?  I am kind of wondering if I am catching up to you, or at least getting closer.

Currently, I have about $1k intervals and about $2k spreads, if you know what I am saying?  I am feeling really good with where I am currently.

[somac.]

It seems like it's been constant disappointment this whole holidays. Fucking Bitcoin going down, and still going down, all time low of bitcoin dominance. And, now fucking Ripple, of all the alts, pumping like there will be no end. I mean the price going up in a straight near vertical line for the last week, for Christs sake. That shit shouldn't be sustainable, but there has been no dump yet. What is going on, I feel like I'm on the crazy pills.  

[jojo69]

next resistance I see is around 12900, that would be the fore mentioned P3ER line

[JayJuanGee]

Bitcoin goes down while the least suspected alts go up. What surprise? Start with FOMO, end with FUD, and repeat.
But really, the whole price psychology has little effect on hodlers who are in it because they believe in what it will become.  We're still in infancy I think where whales are able to move markets at whim. Competition will come and coins will eventually distribute. This is neither the last or the greatest bull run or bear market BTC will see before we arrive at adoption. I'm not even counting on a return to $'s but a value once the petrol dollar finally goes tits up and coin value is based on real world use.  That's the dream, right guyz?
    

On the one hand, I agree with you, but on the other hand, who fucking cares?


hahahhaha


a bit of a contradiction there.

Before you get your panties in a ruffle, Icygreen, let me back up my premise with we would need to have fucking well over $100 trillion BTC market cap before what you are saying makes sense.

That is about a 400x price increase from our current status.

Sure it could happen, but we have a long fucking way to get there.

We had a 78x increase in the past 2years, and yeah, that is all fine and dandy - but we are not quite yet sustained at that 78x increase because we have a bit of a dip here. 


Maybe what I am saying that there is not really a problem to keep that kind of end goal in mind, but we are a long fucking way from getting there and we should be attempting to enjoy the journey along the way... and also there is likely to be a lot more ups and downs and ups and downs before we squeeze another 400x plus price appreciation out of this bad boy, no?

Sure, it is possible that such 400x plus price appreciation is closer than I think and I am being too much of a negative Nancy, but I do think that we should be attempting to deal with more of the here and now (and does not hurt to have those BIGGER pictures in the back of our head), but the here and now.. .. is a long way from the aspiration that you paint, no?

[Icygreen]

Bitcoin goes down while the least suspected alts go up. What surprise? Start with FOMO, end with FUD, and repeat.
But really, the whole price psychology has little effect on hodlers who are in it because they believe in what it will become.  We're still in infancy I think where whales are able to move markets at whim. Competition will come and coins will eventually distribute. This is neither the last or the greatest bull run or bear market BTC will see before we arrive at adoption. I'm not even counting on a return to $'s but a value once the petrol dollar finally goes tits up and coin value is based on real world use.  That's the dream, right guyz?
    

On the one hand, I agree with you, but on the other hand, who fucking cares?


hahahhaha


a bit of a contradiction there.

Before you get your panties in a ruffle, Icygreen, let me back up my premise with we would need to have fucking well over $100 trillion BTC market cap before what you are saying makes sense.

That is about a 400x price increase from our current status.

Sure it could happen, but we have a long fucking way to get there.

We had a 78x increase in the past 2years, and yeah, that is all fine and dandy - but we are not quite yet sustained at that 78x increase because we have a bit of a dip here. 


Maybe what I am saying that there is not really a problem to keep that kind of end goal in mind, but we are a long fucking way from getting there and we should be attempting to enjoy the journey along the way... and also there is likely to be a lot more ups and downs and ups and downs before we squeeze another 400x plus price appreciation out of this bad boy, no?

Sure, it is possible that such 400x plus price appreciation is closer than I think and I am being too much of a negative Nancy, but I do think that we should be attempting to deal with more of the here and now (and does not hurt to have those BIGGER pictures in the back of our head), but the here and now.. .. is a long way from the aspiration that you paint, no?

Appreciate the thoughts.  Sure, we could be a long way off still but what's "long" 2 years, 3 or are we talking 20 years? Doubtful the latter.
Since I'm not as early in the adoption curve as many here, I still consider myself in the accumulation phase. I'm quite happy with my meager hodlings and selling is off the table almost completely at this time for me. It always looks like a fine idea in hindsight. Perhaps I'll join your trading trading strategy after another 20X and if that day never comes, well, I gave it my best for something I believed would change the world for the better.  For the earlies here who have "fuck you money" ya, who cares? Take your earnings and enjoy some life.
Enjoying life has always been my priority #1 , well before money and I know if the money slows or stops, I'll be just fine.
On that note, I've gotta go kitesurfing, getting windy! 

[jojo69]

WTF?

you guys ain't bid this back up yet?

[RoomBot]

Should I panic sell all my coins at the bottom?

Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.

Dumping on Finex is important. You will want to sell for as little as possible.

I tried taking your advice but the bastards at bitfinex won't let me create an account. They say they are overloaded with retards trying to register and don't want any more free money from them for now.

ConBase txs, wire transfers and registration have been constipated for a few days too.

Can't get in. Can't get out.

Crypto Business Model 1.0

[realr0ach]

Fucking Bitcoin going down

[somac.]

WTF?

you guys ain't bid this back up yet?

I know right, guess we need to wait for the money to hit the exchanges early next year. Or drain out of Ripple.

[jojo69]

if 12900 doesn't hold we're going to 9300

[Bitcoinaire]

if 12900 doesn't hold we're going to 9300

$8,000 will be the low, r-right..........?

[TERA2]

Cant believe I buckled my seatbelt and loaded the shuttle all for this

[jojo69]

if 12900 doesn't hold we're going to 9300

$8,000 will be the low, r-right..........?

next under 93 is 68 the way I see it






the fuck is rosewater goddammit?

[orpington]

haha this is pretty fucked. and all because of another idiot coin Ripple? lol

just when you thought the bcash stupidity couldn't possibly be topped...

[TERA2]

Ripple has a future, just like VISA has a future. It's just not relevant here.

[realr0ach]

As bitcoin crashes, gold and silver both getting bull flag action + Comex transferring EFP contracts to London, meaning they are out of physical metals to deliver.  Let the armageddon begin.

[arklan]

oh kiss my shiny metal ass.

13k holding on stamp.

[orpington]

Ripple has a future, just like VISA has a future. It's just not relevant here.

A bleak future that is.

[BHSMC]

I transferred 2 btcs from gemini to my wallet. even though gemini paid 1002 sat/B but it has been 35 mins having only 1 confirmation.

weird.

[criptix]

the tears are real 

crying_pepe_meme.jpg