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

[jbreher]

Would really like to know what the folks predicting 20k/50k/100k for the end of year are saying.

In my opinion we are in a cycle of <10k - 12k which is just repeating itself.

I'm saying that we'll stay in this range until the supply those who are happy to part with their Korn for $12K measly shekels is exhausted. Then we start climbing again.

[1713859690]

1713859690

[Last of the V8s]

looks like a target of 9400

[JayJuanGee]

[edited out]

Well here is a quote from you the day of the start of the crash Dec 17th 2017.  You accuse me off being a fudster, and that I can lose people money by calling it one way.  Just because my outlook is different from yours.

Don't do that... just as much as you seem to be a blind believer, I will always be slightly skeptical, and will always be bearish for long periods, that's just the way I am built, personality wise, and if you're honest, I bet you are an optimist personality wise.  I also see the potential pitfalls of bitcoin, and really don't trust that it's invincible, and because of the way I am I will focus on those.  Just because you think my best guess of 3k or 4k at some point in the not too distant future is not realistic you call it FUD.  

It's not FUD, it's an informed opinion, i'm just sharing my ideas in the similar way you have way you have.  I advised many friends who were very eager to buy around 15 - 19k not too, I have saved them a fuck ton.


just 2 things on you comment from back then.  those getting REKT will have got destroyed with just a small change of price (Either direction), it's nothing more than gambling at those leverages.  And whether or not there was a long term or short term crash, it crashed all the same to 30% of ATH.  you're inferring in your statement that to short at almost 20k was a bad idea... well it was a pretty smart move.

don't call me a fudster just because you don't like my take on the situation or because i have been wrong in the past, because so have you.

Get the fuck out of here you fucking goofball disingenuous FUDster, bringing up a supposed three month old conversation that I barely even recall, and if we did have such a communication, I sure that we can rely on your representations.... NOT....

If you do not recall I don't fucking predict the market except perhaps to say 50% this way or 60% if I am feeling confident.

I don't really give blind or blanket advice, but I do recommend that peeps figure out strategies that work for themselves and they tailor for themselves, and they try to plan ahead because some strategies seem to work better than others.

 I recommend a similar strategy no matter what the price, which is a kind of dollar cost averaging buy on the way down and sell on the way up... Of course, you can tweak any strategy here and there, but any strategy depends on personal circumstances and if the person has any stake at all in BTC or has been in BTC for several years...

So get the fuck out of here if you are trying to suggest that I am telling folks to buy on the way up or some other out of context bullshit that you are striving to attribute to me with your ongoing shitty ass assertion that "will probably" go to $3k without any kind of substantiation beyond hopium and throwing darts, perhaps.

[Biodom]

...The prices are outrageously high.

By what measure?
It is not like there is a P/E or anything like that.
Another three-fourfold increase in difficulty (and it is coming maybe in a few mo due to new rumored miners) and mining would be roughly at breakeven.

miners mined at a loss for 3 years.  

which years?
never heard about it, most likely bs

[Last of the V8s]

[luckygenough56]

who is the retard buyin Viacoin lol

The interest in crypto is almost 0 right now

[jbreher]

The interest in crypto is almost 0 right now

Google trends says the interest in "crypto" is 7x what it was this time last year: https://trends.google.com/trends/explore?q=crypto

[luckygenough56]

The interest in crypto is almost 0 right now

Google trends says the interest in "crypto" is 7x what it was this time last year: https://trends.google.com/trends/explore?q=crypto

man that google trend is almost like the price it's going to 0, am bored with crypto and so is average Joe, i'm a good sample of humanity

[JayJuanGee]

Someone warned me about BTC in December.  He stated that the big boys (wallstreet) want in the action therefore BTC no longer represents freedom; it will be manipulated like Gold, Silver, he predicted!
I am starting to believe this theory.  

Sounds like someone who does not know how to differentiate regarding what is bitcoin, and is grasping at straws with false analogies.  In other words, just making shit up.. because he has seen such happening before.

[JayJuanGee]

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

If you are 4 years in Bitcoin, you should be at least millionaire by now. Why are you discussing at crap level in the internet then? Just hire a hitman on that guy for pocket money

This forum can be used as a means to discuss various strategies when it comes to bitcoin investing - looking at short term or long term price dynamics, and of course from time to time, people are going to differ in their opinion and their approach.. some will be more and some will be less profitable, including strategies that might start out with greater or lesser levels of capitalization.

Some folks participate in this thread because they are trying to create price effect, rather than merely reading the effects, and some folks here find that kind of behavior annoying.

My buying and trading of BTC strategy has been doing pretty well for me, but I am still ready, willing and able to learn from others, and willing to share information about my strategies and experiences, too...

I <3 your avatar text...

I am actually around 2 to 3% too, yet I think that I am creating a bit of a trick question with the concept of "needed" since there are so many alt coin pumpers who try to suggest diversification within crypto is "needed" .. but really they are frequently diluting their bitcoin holdings with a bunch of shit.

[Biodom]

It does not matter.
It is either bitcoin/crypto for the world or we are finished (eventually) when the debt system cannot function any more.
2008 gave the world a chance. Satoshi took it.
If PTB would not embrace it (eventually) than we would have a complete and utter collapse at some point, but maybe decades from now.

[luckygenough56]

It does not matter.
It is either bitcoin/crypto for the world or we are finished (eventually) when the debt system cannot function any more.
2008 gave the world a chance. Satoshi took it.
If PTB would not embrace it (eventually) than we would have a complete and utter collapse at some point, but maybe decades from now.

Another person being brainwashed into thinking that bitcoin is the only way to save the world 

[fragout]

Article from trustnodes.com - https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals


MT Gox’s bitcoin addresses are well known as blockchain detectives spent months analyzing them. One such address shows 2,000 bitcoin held by the trustee were moved on December 18th.

On that very day, bitcoin’s price stood at $19,000, briefly fell to $18,000, then continued to fall in subsequent days:




On December the 22nd, the trustee moved 6,000 bitcoin. That’s the big red daily candle above labeled 2, sending price from nearly $16,000 to a brief low of $10,800.

It appears he gave some time for the market to recover, then on the 17th of January at 3AM he sold 8,000 bitcoins. Crashing the market again.

He then sells another 6,000 on the 31st of January, but the vast majority was sold on the 5th of February, 18,000 in total. Sending the price to its recent bottom from which it then went on to recover and nearly double as the selling finally stopped.

This suggests the trustee has sold it all on exchanges, rather than Off The Counter (OTC), sending price down some 75% by perhaps placing market orders.

[Vlada69]

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

If you are 4 years in Bitcoin, you should be at least millionaire by now. Why are you discussing at crap level in the internet then? Just hire a hitman on that guy for pocket money

This forum can be used as a means to discuss various strategies when it comes to bitcoin investing - looking at short term or long term price dynamics, and of course from time to time, people are going to differ in their opinion and their approach.. some will be more and some will be less profitable, including strategies that might start out with greater or lesser levels of capitalization.

Some folks participate in this thread because they are trying to create price effect, rather than merely reading the effects, and some folks here find that kind of behavior annoying.

My buying and trading of BTC strategy has been doing pretty well for me, but I am still ready, willing and able to learn from others, and willing to share information about my strategies and experiences, too...

I <3 your avatar text...

I am actually around 2 to 3% too, yet I think that I am creating a bit of a trick question with the concept of "needed" since there are so many alt coin pumpers who try to suggest diversification within crypto is "needed" .. but really they are frequently diluting their bitcoin holdings with a bunch of shit.

Exactly, as out of app. 500 billion cap of all crypto, BTC has app 170 billion share at the moment. Imagine all those alts weren't existed at all and BTC would be much more worth in value.

Would like to see that calc if someone can offer?

And one other thing, please don't throw up, saw somewhere ICO market cap is currently 9 billion (all above in $US)...

[Karartma1]

We are still in Dante's Inferno guys as we clearly are some fuckin' early adopters here. For those of us who saw 100$ per Bitcoin or something this is nothing.
Listening Stairway to Heaven just about now.
Let the buyers buy and let the sellers sell.

[Biodom]

Article from trustnodes.com - https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals


MT Gox’s bitcoin addresses are well known as blockchain detectives spent months analyzing them. One such address shows 2,000 bitcoin held by the trustee were moved on December 18th.

On that very day, bitcoin’s price stood at $19,000, briefly fell to $18,000, then continued to fall in subsequent days:

https://www.trustnodes.com/wp-content/uploads/2018/03/bitcoin-price-march-7-18-1.png


On December the 22nd, the trustee moved 6,000 bitcoin. That’s the big red daily candle above labeled 2, sending price from nearly $16,000 to a brief low of $10,800.

It appears he gave some time for the market to recover, then on the 17th of January at 3AM he sold 8,000 bitcoins. Crashing the market again.

He then sells another 6,000 on the 31st of January, but the vast majority was sold on the 5th of February, 18,000 in total. Sending the price to its recent bottom from which it then went on to recover and nearly double as the selling finally stopped.

This suggests the trustee has sold it all on exchanges, rather than Off The Counter (OTC), sending price down some 75% by perhaps placing market orders.

Apart from sell indicated as #2, the chart seems to be uncorrelated to his sells.
Overall, that guy is a moron trader.

[SidETH]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

[fragout]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

[SidETH]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

I feel your pain my friend

[Searing]

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

NOTE: When I get a GF (yeah, right) NEVER TELL HER ANYTHING ABOUT CRYPTO! (note to self)