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Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 22 (18.2%)
1-10% - 16 (13.2%)
11-20% - 15 (12.4%)
21-30% - 17 (14%)
31-40% - 6 (5%)
41-50% - 12 (9.9%)
51-60% - 9 (7.4%)
61-70% - 5 (4.1%)
71-80% - 4 (3.3%)
81-90% - 2 (1.7%)
91-99% - 3 (2.5%)
100% - 10 (8.3%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21785943 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. (148 posts by 37 users deleted.)
Robin,Hood
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June 13, 2018, 04:03:01 PM

Just think about the WinkleVii's or Tim Draper's cold wallet and you'll feel a whole lot better.  Wink
I tried. But it doesn't help. Still having more money than you could probably spend (as such whales do) is not that terrible even if your net worth gets a cut of several hundred millions. Maybe I am wrong, but I don't think they are as much depressed as I am right now.

Let's try to examine this from another perspective.

Are you still an "accidental multi-millionaire" because of your BTC holdings ?

If Yes, adjust belt-buckle, make sure testicles are comfortable, and chill out for a while.

If No, try to see the bigger picture. 21 Million is a finite number that cannot be changed. Please try to remain patient. HODL on.
It requires determination, skill and technical knowledge to become bitcoin wealthy and not an accident. 
Accidentally you my end up with a winning lottery ticket you bought in a drunken delirium stage.
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Rosewater Foundation
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June 13, 2018, 04:05:34 PM

Hodling is depressing in times like this.... it's my cold wallet that is being brutally hit what concerns me.


Just think about the WinkleVii's or Tim Draper's cold wallet and you'll feel a whole lot better.  Wink

I tried. But it doesn't help. Still having more money than you could probably spend (as such whales do) is not that terrible even if your net worth gets a cut of several hundred millions. Maybe I am wrong, but I don't think they are as much depressed as I am right now.

I keep repeating it but... If we could act as if that $20K peak never happened (so ridiculously soon) I would be pretty happy right now. That's the only thing that helps for me.

I played this past peak much worse than I did the previous (2013) in which I doubled my Bitcoin count. The blame is on me (or my greed).

P.S.: No, not going to break/sell. I can perfectly (and depressedly) ride this thing until ZERO. I am more worried about the amount of profits already (even if temporarily?) lost than what I still have to lose (which is LESS).

Are you really willing to let your current net worth get cut in half? Again?
kingcolex
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June 13, 2018, 04:08:00 PM

We must be near bottom just look at the despair in here holy shit.
cAPSLOCK
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June 13, 2018, 04:08:54 PM

Sold all of my BTC now.
 Undecided

This is the end.

A message like this from a "legendary" confirms this really is the bottom.

EDIT: seems like you're a "hero" but how in the world you've more than a thousand merit and still just a Hero?

Pointing out that capitulation comments has confirmed a bottom means we will drop at least another thousand. 

Nice job! Sad
Wekkel
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yes


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June 13, 2018, 04:14:16 PM

We must be near bottom just look at the despair in here holy shit.

Weekly indicators at the bottom. Longer term this is an excellent moment, looking at history, to increase holdings, but in real life it’s always so scary....

One of the usual 3 buy opportunities each year. I already shot my wad.
STT
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June 13, 2018, 04:17:01 PM

We must be near bottom just look at the despair in here holy shit.

haha true enough, very bullish.   The problem I struggle with here is I only really speak one language, maybe I can ask a few friends to read similarly elsewhere but really I cant tell the world wide sentiment.   That would be an important factor to report if anyone is connected better globally, I think there is too much of an echo chamber effect.   

People repeat what others says without fully or even in any way verifying if its true or with serious grounds.   If every single buyer and seller verified a rumour I guess we'd move alot slower in price then we do.   
I personally just hope the overall population grows, we dont rely on big leverage players on an exchange.   Growth is a ton more genuine when its just some poor person who genuinely thinks BTC is useful and holds a bit, but that person matters because there is a million of them.
Ideally that poor person is getting richer (in a developing country with 10% growth) and BTC is helping them reduce their banking costs, a reciprocally relationship that grows and justifies Bitcoin would be ideal. 
Globb0
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June 13, 2018, 04:18:23 PM

We must be near bottom just look at the despair in here holy shit.

Do you really see any despair here? a load of guys coming together to chat about womens bottoms?




gembitz
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June 13, 2018, 04:21:28 PM

We must be near bottom just look at the despair in here holy shit.

Do you really see any despair here? a load of guys coming together to chat about womens bottoms?








 Cool

bitcoin >>> to da moooooooooooooooooon
ToTheMoon_XOM9IK
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June 13, 2018, 04:24:23 PM

We’re not just here to take part….we’re here to take over.  Cool
yefi
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June 13, 2018, 04:29:08 PM

Ok. Here's some despair.

I'm not proud to be asking this question, but...

"Does it look like Doug Polk will lose his bet ?"

I'll bet you 0.1 BTC it does go below $6000. Tongue
vit05
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June 13, 2018, 04:29:45 PM

WTF.

I was not expecting another such blow. Definitely something occurred related to government and some people are anticipating. I'm still buying, but it's hard to understand what's going on.
kingcolex
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June 13, 2018, 04:34:22 PM

WTF.

I was not expecting another such blow. Definitely something occurred related to government and some people are anticipating. I'm still buying, but it's hard to understand what's going on.
at least a $160 rebound, haven't seen that off a big dip in a bit.

WHAT THE FUCK
kludzins
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June 13, 2018, 04:34:38 PM

WTF.

I was not expecting another such blow. Definitely something occurred related to government and some people are anticipating. I'm still buying, but it's hard to understand what's going on.

Yep, strong bears in da room....
infofront
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June 13, 2018, 04:35:29 PM
Merited by yefi (1)

Ok. Here's some despair.

I'm not proud to be asking this question, but...

"Does it look like Doug Polk will lose his bet ?"

I'll bet you 0.1 BTC it does go below $6000. Tongue

If it doesn't, I will Jello wrestle you for the amusement of JJG.
kingcolex
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June 13, 2018, 04:35:46 PM

Reverse that dip, fuck dude.

And the rise! What!
blacky90
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June 13, 2018, 04:37:37 PM

you guys think  this was the bottom?
Tyr808
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06/19/11 17:51 Bought BTC 259684.77 for 0.0101


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June 13, 2018, 04:38:36 PM

Miners won't let the price fall to 5000.
This is only one aspect to the manipulation that’s been going on since September. However if you look at the hash rate, it’s trending upwards, almost parabolically. This is because asic miners are in excess and they can ship them out much faster than last year, when demand was at ATH. Coupled with strange miner confidence in bitcoin which I cannot explain. Even if you ignore hashrate increase, assume miners do not leave bitcoin, and look at the price vs. block difficulty by the end of the year, profitability approaches 0 in all cases from 7500-10000. If miners switch, it can alleviate this pressure, but who will be leaving and who can afford to weather this storm currently? Big farms are more economical than small miners. It seems like an effort to weed out small miners and their coins, while centralizing mining, all while they can make money by liquidating people on longs/shorts. If it wasn’t a manipulated market I wouldn’t believe this, but it seems likely. I welcome regulations and investigations into market manipulation. After all, exchanges are the only ones who can see real volume.
kingcolex
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June 13, 2018, 04:38:56 PM

you guys think  this was the bottom?
Honestly I'm not sure but I haven't seen flash reversals like that in the short time I've been addicted to this thread.
LFC_Bitcoin
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June 13, 2018, 04:43:34 PM

Ok. Here's some despair.

I'm not proud to be asking this question, but...

"Does it look like Doug Polk will lose his bet ?"

I'll bet you 0.1 BTC it does go below $6000. Tongue

I would not be making that bet right now Sad

We are in free fall.
kingcolex
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June 13, 2018, 04:48:37 PM

Miners won't let the price fall to 5000.
This is only one aspect to the manipulation that’s been going on since September. However if you look at the hash rate, it’s trending upwards, almost parabolically. This is because asic miners are in excess and they can ship them out much faster than last year, when demand was at ATH. Coupled with strange miner confidence in bitcoin which I cannot explain. Even if you ignore hashrate increase, assume miners do not leave bitcoin, and look at the price vs. block difficulty by the end of the year, profitability approaches 0 in all cases from 7500-10000. If miners switch, it can alleviate this pressure, but who will be leaving and who can afford to weather this storm currently? Big farms are more economical than small miners. It seems like an effort to weed out small miners and their coins, while centralizing mining, all while they can make money by liquidating people on longs/shorts. If it wasn’t a manipulated market I wouldn’t believe this, but it seems likely. I welcome regulations and investigations into market manipulation. After all, exchanges are the only ones who can see real volume.
Honestly the biggest factor I keep forgetting, hell Bitmains going to o go public and getting hundreds and hundreds of millions for fractions of their company. They can and will manipulate the market to keep it up and no one in china would stop them.
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