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

[Kylapoiss]

Hate to say it, but what the peeps think, will we see sub 4xxx coins? Many of you oldtimers thought a month ago that we are out of the 6xxx area, though we seem to get weaker every day, running sideways together with Bart Simpson.

I read only about 10 pages of the last 100, I am sorry if this has been discussed already.

I can't see any positivity on the horizon, though that doesn't mean it's a bad time to buy, doing just that.

[Aqualung89]

I have to see new investors, it seems to me that sunny days are hard if you can not see new investors in a short time. Or there is a fear in the market.

[Kylapoiss]

r0ach, time to buy some tin?

[viper262]

The alt coins must unravel before btc can go up. My prediction is we see dominance climb above 80%.

[Kylapoiss]

The alt coins must unravel before btc can go up. My prediction is we see dominance climb above 80%.

80%? That's a bold prediction. I'd say 70% will be quite maxxed, after it reaches the peak it will drop drastically, ergo fuelling the next (maybe the last) altcoin run. But after the next run most of the shitcoins will fade into history, as they should. Then daddy takes over for good with some kiddies running around. But you never know if and how they will grow up.

[El duderino_]

The poll is still bullish ...... must be something Going on whiteout me knowing   

[Kylapoiss]

The poll is still bullish ...... must be something Going on whiteout me knowing   

I've been right on the last 2 polls, voted on the first days. Now I can't find a suitable answer

maybe I'm just in a bad mood, should get a drink or smth.

[El duderino_]

i do like jimmy song and put the bet on that idiot 

[El duderino_]

[Yaplatu]

[El duderino_]

ETH is still leading the loss-pack. The pain is increasing.

#BUY BITCOIN

[dutchlincoln]

ETH is still leading the loss-pack. The pain is increasing.

#BUY BITCOIN

i'll wait a few days more and buy me some ETH  

MUST be going uphill, cant miss, an profit increase must be astonashing!

[Wekkel]

i'll wait a few days more and buy me some ETH  

MUST be going uphill, cant miss, an profit increase must be astonashing!

A wise trader at least waits for a second bottom before stepping in. But feel free to catch a fallin' knife.

[El duderino_]

^
That’s One of the things everybody has already had ,a catching falling knives experience.... and if not or When your new .... everyone Will keep doing This kind of things till they get burned , its all included in the crypto learning Manuel 

[vapourminer]

wheres the one with the bored looking guy?

[Majormax]

The alt coins must unravel before btc can go up. My prediction is we see dominance climb above 80%.

80%? That's a bold prediction. I'd say 70% will be quite maxxed, after it reaches the peak it will drop drastically, ergo fuelling the next (maybe the last) altcoin run. But after the next run most of the shitcoins will fade into history, as they should. Then daddy takes over for good with some kiddies running around. But you never know if and how they will grow up.

There may possibly not be another altcoin run (just some failed rallies). It has been my view since Feb that we are in a bear market frame, and it would be unusual for that not to last at least a year or two.

There is still lots of hope around, and price likes to flow down that river.

Of course nobody can make clear predictions, but the logic seems to be that this is an altcoin extinction event, and the next bull phase will involve the main survivors. The large number of surviving zombie coins is diluting scarce buying power.

Until the mass extinction is well under way (and that means getting down to only a few hundred alts)  , it is unlikely that a proper bottom can be formed.  ( just my own guess)

I would be a buyer of just the strongest projects (maybe only BTC) when we get to less than 400 tokens/coins showing some trade on coinmarketcap.

[Majormax]

^
That’s One of the things everybody has already had ,a catching falling knives experience.... and if not or When your new .... everyone Will keep doing This kind of things till they get burned , its all included in the crypto learning Manuel  

Yes. Impossible to predict the long term price moves, only the market can show you. Better to miss the first 25% of a bull market, than to lose a large indeterminate chunk (could easily be 75% or more) of your capital.

Unfortunately, it is natural to be impatient for action, so those losses are the norm.

[JayJuanGee]

I am watching a tutorial to make a rope knot ... 

Well, I told ya not to sell your precious bitcoins for Bitmain Cash and other shitcoins!

i think not really much BTC hodlers actually SOLD BTC for BCH ..... maybe hodl the free shit
i'm happy unloaded ALL of that shit for BTC

I must thank Bcash (aka free shit, as you say) for inspiring me to play around with both the Nano S and the Trezor, and I like the Trezor better.  Also, I learned some other bits about transferring coins and all of that mumbo jumbo baloney, but also got me to be a bit more aware of wallet options in holding coins off of exchanges.

Once I got access to my BCH, I cashed out most of it right away, mostly by setting up sell orders, but from time to time I did some market sales, too.. specially when stupid-ass coinbase distributed me my bcash.. .based on the then shenanigans, I felt it necessary to market sale those babies - even though it cost a bit of extra dough to market sell on coinbase - versus free limited sales that were not really working too well with their seemingly purposeful obstructionism - and shady dealings.

I still hold about 1% of my total Bcash, and I don't give that much of a shit about whether I make anything off of it, or if those coins go to zero... BTC goes up and down 10% in a day, frequently,,.. which pretty much makes the bcash crap appear as a kind of rounding error.

[JayJuanGee]

That is dumb.

Why the fuck is bitcoin being portrayed as equivalent to three other cyptos...   Too misleading, of a pic, in my opinion.

[nanobtc]

I also got a Nano S at the fork. Just recently got a Coinkite Coldcard, it seems much more sophisticated. It can operate it's whole lifetime offline. It has a micro SD slot, you can power up the Coldcard with just an AC USB charger, and sign transactions  (although recent versions of Electrum support it natively). It has a $5 wrench secondary wallet, as well as a 'burnme' PIN.