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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (10.6%)
8/4 - 16 (15.4%)
8/11 - 7 (6.7%)
8/18 - 6 (5.8%)
8/25 - 7 (6.7%)
After August - 56 (53.8%)
Total Voters: 104

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26461346 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 3 users with 9 merit deleted.)
yonton
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April 05, 2018, 06:36:50 AM

A little dump and the bears and beartrolls are emerging from their dens. Despite their prophesies of DOOM the price is still around $7k. Nothing new: HODL and buy the freaking dip!  Cool
Let the bears have a little fun, they've been in hibernation since 2013 waiting for this tiny blip lol Once we resume growth, we won't see them again until 2023.
pacman7331
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April 05, 2018, 06:40:34 AM

We need to go to 6k to double bottom. Then we can go up... the longer this takes the longer we wait for BTC to recover.  Cry

6500 was already rejected as a support level because we didn't break out of the most recent downward trend. Gotta test the bottom.
HairyMaclairy
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April 05, 2018, 06:40:59 AM


Rose:  if you are really concerned about a crypto winter, sell 10% of your holdings on the next pump over $7k so you can spend your time worrying about being bear trapped.  Its much more relaxing worrying that you will make money with 90% of your stash.  
Rosewater Foundation
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April 05, 2018, 06:48:21 AM


Rose:  if you are really concerned about a crypto winter, sell 10% of your holdings on the next pump over $7k so you can spend your time worrying about being bear trapped.  Its much more relaxing worrying that you will make money with 90% of your stash.  

I'm just buying enough dollars to make ends meet. We've already doomed more than I thought possible. Tomorrow is all about acceptance.
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April 05, 2018, 07:06:41 AM


Rose:  if you are really concerned about a crypto winter, sell 10% of your holdings on the next pump over $7k so you can spend your time worrying about being bear trapped.  Its much more relaxing worrying that you will make money with 90% of your stash.  

I'm just buying enough dollars to make ends meet. We've already doomed more than I thought possible. Tomorrow is all about acceptance.

A year ago in April 2017 the price was ~$1200-1300 and you're talking about doom and capitulation?  Grin
mindrust
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April 05, 2018, 07:11:36 AM
Merited by infofront (1), RejectedBanana (1)

I am not considering this a dump. Nowhere near. This is just a healthy correction. If you take a look at he charts you'll see.


See? We are still on track.

On the other hand, I am not saying this will go like this. It very well may not. All I'm saying is its too early to call it a "dump". Mmm mm no no no. Get back to $1-2k and that's what I would call a "dump". %80 of the people here won't give a damn as long as we stay above $5k. If we ever get to see $1k however...




next 24h are critical.

Damn right.
explorer
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April 05, 2018, 07:49:57 AM
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Rose:  if you are really concerned about a crypto winter, sell 10% of your holdings on the next pump over $7k so you can spend your time worrying about being bear trapped.  Its much more relaxing worrying that you will make money with 90% of your stash.  

I'm just buying enough dollars to make ends meet. We've already doomed more than I thought possible. Tomorrow is all about acceptance.

A year ago in April 2017 the price was ~$1200-1300 and you're talking about doom and capitulation?  Grin

I've been expecting $5000 since...  Well, $5000.  The transition was much too abrupt, and the area just didn't get enough lovin'.
Not that I particularly want to go there, you understand, but it seems that we should.  Just on principle.
windjc
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April 05, 2018, 08:01:35 AM

only way we gonna get a bullish weekend is if we rebound off all time lows

All time lows are around .005 cents. FYI
Karartma1
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April 05, 2018, 08:26:04 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.
Yes, SPV limitations in place but I guess if we use it for spending only that is fine by me.
I've just found this article on medium, hope you like it
https://medium.com/@kingonly/understanding-lightning-network-using-an-abacus-daad8dc4cf4b
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April 05, 2018, 08:36:24 AM

... allow me to butt in ... while the total expansion capacity of bitcoin value might seem infinite from our current 'small-time' vantage point it is most definitely finite, realistically we have at most 1.5 to 2 pimple tricks remaining (1 order of magnitude expansion over previous). A btc valuation in the USD300-700k range puts it at ~10trillion market cap or ~10% of global fiat monetary supply.

Another pimple trick after that would be almost total global domination of all monetary assets, which while possible is probably not realistic or desirable anyway.

Sounds reasonable to me. To reach gold parity in one or two decades is really an astounding feat. I do fear a bear market like no other after that point however. Nasdaq took 15 years to recover after the dot-com run-up, and perhaps Bitcoin will suffer such fate before we see more pedestrian and sustainable growth.
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April 05, 2018, 08:43:48 AM

Factor in lost coins and you might squeeze out US$2 million per circulating coin.  That would provide a comfortable standard of living for most people on this thread. 

You mean I won't be a billionaire after all? Cry
Life is hard.

 Grin
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April 05, 2018, 08:45:41 AM

only way we gonna get a bullish weekend is if we rebound off all time lows

All time lows are around .005 cents. FYI
This would put the price of the two pizzas at $50, but two pizzas are usually $20, putting the pizza price at $0.002, and there were probably lower prices even before that.
El duderino_
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April 05, 2018, 09:39:06 AM

I am not considering this a dump. Nowhere near. This is just a healthy correction. If you take a look at he charts you'll see.


See? We are still on track.

On the other hand, I am not saying this will go like this. It very well may not. All I'm saying is its too early to call it a "dump". Mmm mm no no no. Get back to $1-2k and that's what I would call a "dump". %80 of the people here won't give a damn as long as we stay above $5k. If we ever get to see $1k however...



offcourse but for these people that don't give a fuck just wanna stay above 5k .... there much more comfertable @ +8-9-10K....

as myself i even didn't wanna see ATH ever drop again  Roll Eyes but i just follow where the ship is going to, its logical even when we hit 5-digit numbers no one really wants too go back too 4-dig. again but it is what it is
for me we can't go fast enough up .... BUT if the ride says down first than down it is
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April 05, 2018, 10:09:27 AM


This looks like a magic spell

According to coinmarketcap graph we are moving slowly up. Hope we reach yesterdays price of +7300-7400
pacman7331
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April 05, 2018, 10:14:12 AM

only way we gonna get a bullish weekend is if we rebound off all time lows

All time lows are around .005 cents. FYI

2018 all time lows.
Totscha
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April 05, 2018, 10:15:54 AM


This looks like a magic spell

According to coinmarketcap graph we are moving slowly up. Hope we reach yesterdays price of +7300-7400

Day - down
7 day - down
1 month - down
3 months - down

Where can I find this mythical uptrend you are suggesting?
bakasabo
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April 05, 2018, 10:23:11 AM


This looks like a magic spell

According to coinmarketcap graph we are moving slowly up. Hope we reach yesterdays price of +7300-7400

Day - down
7 day - down
1 month - down
3 months - down

Where can I find this mythical uptrend you are suggesting?

I was just looking on todays trades on binance with 15min filter and it shows that the price is going up from 6566.69 to 6,785.26$ and heading up.

Yesterday I was checking exchange at approximately same time and the price was 7300$ +/-.
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April 05, 2018, 10:27:59 AM


This looks like a magic spell

According to coinmarketcap graph we are moving slowly up. Hope we reach yesterdays price of +7300-7400

Day - down
7 day - down
1 month - down
3 months - down

Where can I find this mythical uptrend you are suggesting?

Were you able to find an uptrend before all previous major pumps?  Grin  If it would be so obvious everybody would become a billionaire!
El duderino_
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April 05, 2018, 10:53:15 AM



mmmmm the nice road we are driving on , take us home too the moon where we belong .....
Totscha
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April 05, 2018, 10:56:33 AM


This looks like a magic spell

According to coinmarketcap graph we are moving slowly up. Hope we reach yesterdays price of +7300-7400

Day - down
7 day - down
1 month - down
3 months - down

Where can I find this mythical uptrend you are suggesting?

Were you able to find an uptrend before all previous major pumps?  Grin  If it would be so obvious everybody would become a billionaire!

Yes. 2016 was a year long steady uptrend.
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