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

[kurious]

So is this what the crypto winter felt like ?  Or still too cheerful?

A lot of people melted away, at times there was just Chart Buddy auto-posting for three or four posts, which meant no one had posted anything for hours.

With Gox and the slow grind down it was just dull, felt like an ATH was maybe never going to be seen again.  It wasn't despair, it was like watching a life support machine.  Early 2015 was probably the worst, when it went under $200.

I was under water then, so just bought a load more to cost average down and didn't log in as often.

You could catch up on a week's posts pretty easily, though.  The good old days, eh..?

[smt_red]

So is this what the crypto winter felt like ?  Or still too cheerful?

A lot of people melted away, at times there was just Chart Buddy auto-posting for three or four posts, which meant no one had posted anything for hours.

With Gox and the slow grind down it was just dull, felt like an ATH was maybe never going to be seen again.  It wasn't despair, it was like watching a life support machine.  Early 2015 was probably the worst, when it went under $200.

I was under water then, so just bought a load more to cost average down and didn't log in as often.

You could catch up on a week's posts pretty easily, though.  The good old days, eh..?

Last chance buying the dip Bitcoin the bottom is now - $6451. I'm considering the decent probability.      

[Kylapoiss]

Volume yesterday was really low.  It’s the green bar you can barely see, to the left of today’s single pixel line red bar.

What does this mean? Dump incoming? Normally when there's a mini green candle we have a bigger red one to the side. Hopefully not

[crypmike]

HODL vs Mean-Reversion strategies
150x difference in 6 years (even more now)

[elrippos friend]

Nice chart pr0n


https://www.tradingview.com/chart/BTCUSD/SokleG3E-WHAT-NO-ONE-SEES-ONE-IN-A-LIFETIME-CHANCE-CryptoManiac101/


As we go sideways, we're nearing the bottom of the long-term log channel that's been in place since 2010. Price will need to turn bullish soon to keep the log trend intact.

More or less 35k by the end of 2018

[serveria.com]

Looks more like $50k to me 

[Wekkel]

HODL vs Mean-Reversion strategies
150x difference in 6 years (even more now)

Does that mean short now or long?

[becoin]

Volume yesterday was really low.

Get used to decreasing volume there. Bitcoin trading is slowly moving out of regulated bitcoin exchanges. Price on those exchanges is not indicative anymore as it is artificially suppressed by banks hindering transfers of fiat funds to exchanges.

[d_eddie]

At the moment, the wisest thing to do IMO is to stay market neutral (basically: flat or hedged). A bit more suffering, my friends. Not sure it's really going to be late 2018/early 2019, but the rewards will be handsome.

[Kylapoiss]

At the moment, the wisest thing to do IMO is to stay market neutral (basically: flat or hedged). A bit more suffering, my friends. Not sure it's really going to be late 2018/early 2019, but the rewards will be handsome.

I think the 2014-2015 was much worse, as the fundamentals weren't so strong and the overall feeling about bitcoin wasn't so positive either. If this is suffering, then I don't mind to suffer some more. But of course can't wait when it's over buy buy buy.

[bitserve]

No pain, no gain.

[bones261]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

Ouch. Hope the mortgage company doesn't give you too much flack on exactly how you came up with the money for the down payment. Also, I'm sure the government is going to require their pound of flesh.

[El duderino_]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

[LFC_Bitcoin]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

Personally I’d wait until mid 2021. I’d rent a couple more years & then buy the house outright in bitcoin.

Everybody has different circumstances though.

[doc12]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

Personally I’d wait until mid 2021. I’d rent a couple more years & then buy the house outright in bitcoin.

Everybody has different circumstances though.

Right into the next housing bubble burst ... That would be nice timing 

[El duderino_]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

Personally I’d wait until mid 2021. I’d rent a couple more years & then buy the house outright in bitcoin.

Everybody has different circumstances though.

Right into the next housing bubble burst ... That would be nice timing 

haha bubble burst and BTC ATH , what a moment would that be .......
if possible i would wait to but i know if the girl/wife wants it ..... than it has to go fast and no time for logic

[ssmc2]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

Personally I’d wait until mid 2021. I’d rent a couple more years & then buy the house outright in bitcoin.

Everybody has different circumstances though.

Right into the next housing bubble burst ... That would be nice timing 

haha bubble burst and BTC ATH , what a moment would that be .......
if possible i would wait to but i know if the girl/wife wants it ..... than it has to go fast and no time for logic

Ain't that the truth about the logic 

[LFC_Bitcoin]

My gf is pretty angry at me regarding bitcoin to be honest. If I’d cashed out at the ATH I’d have become a millionaire. At the current prices with my HODLED stash, I’m not.

She keeps telling me ‘bitcoin is finished, it must be over, you should have cashed out, we’ll never get another chance like that’.

It’s times like this I look at different charts from the past that show % drops from ATH’s & then look at the subsequent recoveries & new ATH’s that makes me smile & know everything will be ok.

Look out for 6-12 months after the next halving, that’s when I believe we will be wealthy bulls

[d_eddie]

No pain, no gain.

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

understadble ,you would like to delay the house buying a bit for sure, but women stays women ,nothing to do about that

Personally I’d wait until mid 2021. I’d rent a couple more years & then buy the house outright in bitcoin.

Everybody has different circumstances though.

Right into the next housing bubble burst ... That would be nice timing  

haha bubble burst and BTC ATH , what a moment would that be .......
if possible i would wait to but i know if the girl/wife wants it ..... than it has to go fast and no time for logic

Ain't that the truth about the logic  

Not to be a sexist dick, but the ladies should be kept unaware of crypto holdings. It allows easier thinking in times of trouble. If really, really necessary, one could sell what's needed and magically come up with the money when it's needed.

[mikenz]

This doesn't feel painful what's painful is the wife making me sell for the down payment on a home and soon. I'm going to lose out big.

sell your wive. Not your Bitcoins. She just cost ya  

She keeps telling me ‘bitcoin is finished, it must be over, you should have cashed out, we’ll never get another chance like that’.

Really, you should shove stg in her mouth to shut her up.