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Question: What happens first:
New ATH - 42 (71.2%)
<$60,000 - 17 (28.8%)
Total Voters: 59

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26355701 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.)
LFC_Bitcoin
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June 12, 2018, 07:52:29 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

Fuck off then!

Go & put your savings in some pathetic bank bonds or savings & get 0.1% interest a year.
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mymenace
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June 12, 2018, 07:54:24 PM

Good morning bitcoiners


can we see the shills posting to push this bitcoin engine lower

coincidence that it happening with this dump



concerted effort by professional paid shills, weird




lets get those cheap coins

yum yum yum



cue the attacks...
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June 12, 2018, 07:54:37 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

You are way too optimistic. It's headed to sub $1k levels.
hodl_2015
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June 12, 2018, 07:55:25 PM

Well fuck boys, this is just starting to get depressing , I'm too emotionally drained to give a fuck anymore.
This is actually very relaxing. I don't need to worry about BTFD because I'm flat out of fiat. I'm not selling below 10k so don't need to worry about that for at least a couple weeks. Invested an insignificant amount into stock just to have something to play with in the mean time. (only bothered with tsla and irdm so far, but it's quite fun, except that exchanges with trading hours are lame. I don't know a single btc exchange that isn't open 24/7.)
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June 12, 2018, 07:55:59 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

You are way too optimistic. It's headed to sub $1k levels.
Sauce?
mindrust
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June 12, 2018, 08:03:08 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

You are way too optimistic. It's headed to sub $1k levels.
Sauce?

Some very adcanced and complicated techincal analysis and mathematical methods which I can't disclose their names in a CIA infested forum like this.
LFC_Bitcoin
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June 12, 2018, 08:05:14 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

You are way too optimistic. It's headed to sub $1k levels.
Sauce?

Some very adcanced and complicated techincal analysis and mathematical methods which I can't disclose their names in a CIA infested forum like this.

Onto the ignore list you go
mindrust
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June 12, 2018, 08:06:57 PM

I guess he invested more than he could afford to lose.  Grin
serbad
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June 12, 2018, 08:07:32 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

You are way too optimistic. It's headed to sub $1k levels.
Sauce?

Some very adcanced and complicated techincal analysis and mathematical methods which I can't disclose their names in a CIA infested forum like this.
The Russian's.?
RayX12
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June 12, 2018, 08:10:17 PM

Fucking Dumping Whales..  You are the worst SCUM in the whole world!



BUY BUY BUY

Go Bitcoin Go!
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June 12, 2018, 08:11:19 PM

Its a shorters paradise. Congratulations to our newest millionaires!

Sorry for all getrichquicknewbies who bought in dec17 at the top because your TV and newspaper told you so.
bitChipper
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June 12, 2018, 08:11:58 PM

2 year, low volume, uninteresting, depressing, boring bear market here we come
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June 12, 2018, 08:12:32 PM

bitcoin is fucking dead
i believe it will go sub 2k soon

You are way too optimistic. It's headed to sub $1k levels.
Sauce?

Some very adcanced and complicated techincal analysis and mathematical methods which I can't disclose their names in a CIA infested forum like this.
The Russian's.?

OK OK I'll let you have a peak at my secret sauce just for this one time only.



I hope the feds won't find out about this or i'm effed
bitChipper
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June 12, 2018, 08:13:37 PM

6500 and 6k do seem like pretty crucial levels though, if 6k breaks then maybe we could see BTC below 5k like alot are saying.....dang how inflated 20k was wow Undecided
mikenz
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June 12, 2018, 08:14:01 PM

your 5 year old son drawed this?  Grin Grin
FractalUniverse
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June 12, 2018, 08:15:24 PM

judging from the posts on last 2 pages the bottom must be close. at least temporary Cheesy
serbad
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June 12, 2018, 08:19:20 PM

judging from the posts on last 2 pages the bottom must be close. at least temporary Cheesy
Movie.
RayX12
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June 12, 2018, 08:21:49 PM

judging from the posts on last 2 pages the bottom must be close. at least temporary Cheesy

Maybe not!  Not enough blood and exploding whales.
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June 12, 2018, 08:23:35 PM

My own guess is there is a 50% chance of it ever acheiving $20k, and then maybe not until 2020 at earliest.

You realize that statements like these are really conservative, and very long term bearish about bitcoin... which causes me to conclude that you have some lack of appreciation for bitcoin's potential upside.

I do agree with you that the higher the expected future price, the lower the probability that it is going to happen, but  it seems to me that when you use words like "ever" in your prediction, you are attempting to predict too many legs in a chain of future events that you have to be nearly completely speculating about since it is nearly impossible to accurately predict more than a few legs into the future at a time... and the further out you go the more any prediction is going to be based on a lot of factors currently unknown.

Hopefully your bearishness is not rubbing too much off into me...  Tongue Tongue

I entirely agree with you !

50% is the probability I am assigning. 'Ever' is not a prediction, just a part of one of the possibilities.

Of course, I omitted to say that another scenario (part of the other 50% if you like), is that $100k is achieved before 2022.

All these numbers and time frames are speculation, yes, and subject to evolving circumstance. That is what this thread is for.

Hopefully I can present ideas that give others food for thought, and also prevent ppl from making errors in trading by being too myopic. My apparent bearishness is only a comparitive with general bullishness, and the greatest mistake IMO would be too become too mentally committed to a bullish outlook (and thus disillusionment) when we are merely in a long bear market, which will eventually turn round.

Low predictions of $2-3k are merely realistic scenarios, and are helping to avoid the mental pain of HODling in a downtrand.

For some reason, your posts come off as describing and emphasizing the BTC downside and downplaying BTC upside scenarios.  Surely, when pressed, and even sometimes on your own volition you do mention that you are a long term BTC bull - while feeling compelled to "save us" from our own too much bullishness. 

Remember also that in much of 2017, you seem to have been distracted into a lot of alt coin postings, which causs me to conclude that you have been too much into believing that there is some kind of meaningful contributions and potential competition coming out of alt coin camps rather than the more likely scenario that a lot of them are distractions (the tail rather than the dog... meaning that bitcoin is the dog... and better to pay attention to the dog rather than the tail)... 

Anyhow, it could be helpful to go through a probability list of both upside and downside price scenarios, however, currently, I can concur that it is becoming more and more apparent that our current correction is lasting a bit longer than what I had thought to be likely - but such lasting BTC correction still does not mean that long and drawn out continued correction is inevitable, as you repeatedly assert... and sure, you could end up being correct, but that would not either mean that the long and drawn out downward scenario was inevitable or that you had somehow seen the future... 

Let's say, for example, that you had 10 bitcoins, and you decided to sell 8 of them int he $14k to $19k price arena, and you are waiting for $3k or below to buy them back.   I would think such a strategy to be gambling too much, even if such strategy ends up playing out, the odds don't seem too good.  Likely you have a bit of a more moderate strategy, and even if you sold some of your coins, I cannot recall you disclosing that you are playing with shorts, right? 
d_eddie
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June 12, 2018, 08:26:06 PM

new lows
Well fuck boys, this is just starting to get depressing , I'm too emotionally drained to give a fuck anymore.

This is great though despite what I said. It's a nice and quick search for the bottom. No long grindy winter.
Quick only if it's found soon, which at this point I am not sure of.

EDIT - Maybe you can help the search by posting one of your famous V8-pics about searching for the bottom? (hint hint, nudge nudge).
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