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

[bitmover]

Well, at least bcash is almost dead. -45% today.

I hope we can get over this fork drama and go on.

[1714138822]

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[Ibian]

It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.

The amounts on the table are *WAY* higher than in the past. That's why.

The last time I was under water. This is nothing.

[JayJuanGee]

It's scary to catch a falling knife, but you buy now and hold a few yrs, you're good to go. Even if it goes to 2-3K, u'll still make off like a bandit.

Actually, I am not saying that it is not worth it to try to catch a falling knife.  I just know that it is scary, and frequently peeps get criticized for attempting to buy the dip when the bottom remains so uncertain. 

In the long run, profit for sure, but it is just a matter of feeling good that you more or less got a decent price and did not waste too much fiat buying every single dip when you could have waited a bit longer.

[bitserve]

I have just noticed the poll. What kind of joke has infofront made on us? Or were we above $5000 when the poll was set?

[Majormax]

Are we literally going to $0

Most unlikely. Some alts are, of course.

This is merely a step in the bear market. At least it confirms which pattern we are in. The downtrend is still intact. I was certainly prepared for this, but it is still uncomfortable. The worst part is knowing that there may not be a recovery for a year or two.


There is  long term support at $1500-$2000, but I would not expect it to get there before the middle of next year.

[PoolMinor]

[zazzbg1]

https://imgur.com/a/zzuQWXJ

[podyx]

https://makeagif.com/i/Cgu76v

[bitserve]

It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.

The amounts on the table are *WAY* higher than in the past. That's why.

The last time I was under water. This is nothing.

I didn't really mind when I was thousands of $ underwater. I feel badly hurt when I see hundreds of thousands of unrealised profits being vanished in front of my eyes.

[TeeBone]

It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.

The amounts on the table are *WAY* higher than in the past. That's why.

Not really. Percentage wise, it dropped more in 15' and 11'.....90%+

[JayJuanGee]

It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.

Alright, you know what, fuck it.

I might sound bipolar as fuck but I’m going to the bank now to move cash in so I can buy.

That's the spirit.  Buy dat dip!!!!!!  GET our BTC price going back up. 

I bought some at $45xx-ish and $43xx-ish.. hoping that I am done buying for a bit, but who the fuck knows?

And about 2021 are you thinking about selling early 2021, mid-2021 or late 2021?  or do you have flexibility beyond 2021?  Just wondering?

[bitserve]

It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.

The amounts on the table are *WAY* higher than in the past. That's why.

Not really. Percentage wise, it dropped more in 15' and 11'.....90%+

The amounts on the table. Nor percentage wise or anything. The money value. It wasn't play money anymore.

[El duderino_]

And yet many Will fail to actualy buy as they Said they would the infinite pessants

[WinslowIII]

2018 summer is totally missing that huge 2014 summer bounce, I wonder what can be taken from that if anything?

[Ibian]

It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.

The amounts on the table are *WAY* higher than in the past. That's why.

Not really. Percentage wise, it dropped more in 15' and 11'.....90%+

The amounts on the table. Nor percentage wise or anything. The money value. It wasn't play money anymore.

Same base money for me. It's all numbers, just treat it like a game. I'm thinking very long term, as in the rest of my life. It has always been sink or swim.

[somac.]

https://imgur.com/a/zzuQWXJ

I know what you mean

[Majormax]

If this drops much further, I am going to have to concede that we are in a 2014 scenario rather than a 2013 scenario...

What ?  You really still think the 2013 scenario is possible ?  


I know we read the charts differently, but surely the 2014 was already confirmed by the length and shape of the downtrend ?  This latest plunge just hammers it home.


I want to see a bounce, I hope for recovery soon, but the realist in me is hunkered down for a 3 year winter.

[Ibian]

If this drops much further, I am going to have to concede that we are in a 2014 scenario rather than a 2013 scenario...

What ?  You really still think the 2013 scenario is possible ?  


I know we read the charts differently, but surely the 2014 was already confirmed by the length and shape of the downtrend ?  This latest plunge just hammers it home.


I want to see a bounce, I hope for recovery soon, but the realist in me is hunkered down for a 3 year winter.

I think it's safe to say at this point that the price is artificially depressed. It won't be 3 years with the halvening coming up.

[bitserve]

If this drops much further, I am going to have to concede that we are in a 2014 scenario rather than a 2013 scenario...

What ?  You really still think the 2013 scenario is possible ?  


I know we read the charts differently, but surely the 2014 was already confirmed by the length and shape of the downtrend ?  This latest plunge just hammers it home.


I want to see a bounce, I hope for recovery soon, but the realist in me is hunkered down for a 3 year winter.

I think it's safe to say at this point that the price is artificially depressed. It won't be 3 years with the halvening coming up.

I think that CSW asshole shorted the market big time before engaging in the ridiculous war against Ver/Jihan. He always knew he couldn't win.

[Majormax]

I think that CSW asshole shorted the market big time before engaging in the ridiculous war against Ver/Jihan. He always knew he couldn't win.

I hope so.  That would mark a proper bottom (but be prepared for the plunge to intensify first). Shorts eventually have to be closed.