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

[El duderino_]

so true...
I don't think the average schmuck has a concept that one can still be way up
on an asset that has just plunged from 20k to 4k in less than a year.

     Well, when I explain to the average schmuck that I bought in late 2014 and summer of 2015, it becomes crystal clear to them that even at this price, I am way ahead. Also, I have not been very good at HODL. Sold little chunks since November of 2017 to pay bills and keep afloat. Only disappointment is that BTC didn't go high enough for this minnow to be financially set. However, what can someone really expect from a total investment that was probably less than $2000 USD for me? My biggest regret is that I didn't have the balls to just buy more in 2014 and 2015 or even start earlier when I first became aware of BTC back in 2012. Oh well, it's all water under the bridge.

yeah thats true, can't buy anything when its been passed by... but with this DIP you have a nice opportunity to accumulate some more, but then again every persons situation and FIAT income is always much different from one to another, and @the beginning its always difficult to be an instant believer surely that early stage....

[Biodom]

I see it hitting 3k when the SEC denies the ETF's and probably revisiting 3k when mt gox dumps all the coin in Feb/March 2019 at which time I'm fairly sure

the US will be in a recession...the whole store of value of crypto will not be working too well with the above either to keep prices up .it is gonna suck


this is gonna take a bit

hope I'm wrong...but.....

brad

Well, it is all possible, albeit pessimistic.
However, one thing is for sure:

PTB better pray that bitcoin succeeds, otherwise they will end up with nothing and the new Dark Ages.
The 247 trillion and counting debt pile cannot possibly be tamed, that's a given.
I am about to restart DCA.

[barota]

No one will benefit from the crash to catastrophic prices
Because this leads to the entry of new hands whose sole purpose is money
This is what makes bitcoin sink into the mud


hold hold hold Is a successful solution 

[bitserve]

Risto´s castle burned down a few months ago, I only have an Estonian article: http://www.delfi.ee/news/paevauudised/eesti/soome-bitcoini-paruni-eestis-asuvat-kinnisvara-laastavad-salaparased-polengud-alles-asja-poles-maha-malla-mois?id=83721469

Some pictures:[...]

A English one
https://btcmanager.com/burning-long-term-holders-bitcoin-castle-marks-beginning-new-era/

Thanks for this.

The castle fire wasn't actually the only one for Risto, half a year prior to that his rented property in Tallinn Old Town caught fire aswell. And he had some strange parties going on all the time, he even had his own imaginary money which could be used there. They do suspect that the castle fire was self ignited.

Good thing Rpietila was out of the country at the time. I am sure the insurance company will fight it hard...

[El duderino_]

man do i LOVE : Pick it pack it fire it up come along and take a hit from the hopiumbong

I see it hitting 3k when the SEC denies the ETF's and probably revisiting 3k when mt gox dumps all the coin in Feb/March 2019 at which time I'm fairly sure

the US will be in a recession...the whole store of value of crypto will not be working too well with the above either to keep prices up .it is gonna suck


this is gonna take a bit

hope I'm wrong...but.....

brad

i think the ETF fud has been played already and will be the same as china FUD in the passed, we already getting used to it and people don't be bothered anymore by it....... always a HOPIUM for a next ETF to be approved as well.
the recession could be something else cause i don't think people are already comfortable to see BTC as a solid store of value .... but will this recession happens so fast already?

always hope your wrong when its bearish... however 3K is still not bad to be the absolute BOTTOM, however i hope we are @the BOTTOM already and let BOB's call just be right

[sirazimuth]

Bitcoin in the dumps and the resident troll pollution on the upside...whodathunk?
I have to admit one of his earlier posts about the hat thing made me lmao. I'll leave it at that....

[Lowryy]

Sometimes I feel that news dont affect price as much as we think. I even feel that price affects news.


and

Bear market = good news dont matter
Bull market = bad news dont matter

[yefi]

I would like to ask a question to the long term hodlers governing this thread, the ones with the hat: How down do you think the btc/usd price can go before next ATH?

If we assume the 2014 scenario, then 2700 would be the absolute bottom with consolidation in the 3000s before the next rally. We also have the formidable weekly 200 SMA around 3200.

It doesn't portend well, however, that we're down more than at this same point in the 2014 cycle: -80% vs. -77%.

[Globb0]

yeah we like to panic together. its more fun 

[barota]

The market interest should always prevail over money
Disadvantage of such a site I find despair in the real circumstances

Prices are extraordinary
All traders must stop your fucking sell and dump and fears

There is a lot of fucking

Poll <$4,000   - 46 (38.3%) Lots of bad guys and fucker
price now 4350 and there is no small pump  This makes things despicable and despicable people


And I want to say that success is better than money
remember Money or good heart???

[goldkingcoiner]

The market interest should always prevail over money
Disadvantage of such a site I find despair in the real circumstances

Prices are extraordinary
All traders must stop your fucking sell and dump and fears

There is a lot of fucking

Poll <$4,000   - 46 (38.3%) Lots of bad guys and fucker
price now 4350 and there is no small pump  This makes things despicable and despicable people


And I want to say that success is better than money
remember Money or good heart???

Yes. There is lots of bad guy and fucker price now 4350. We need good heart but not fucker money. Despicable things is no good heart.

[El duderino_]

[LFC_Bitcoin]

The market interest should always prevail over money
Disadvantage of such a site I find despair in the real circumstances

Prices are extraordinary
All traders must stop your fucking sell and dump and fears

There is a lot of fucking

Poll <$4,000   - 46 (38.3%) Lots of bad guys and fucker
price now 4350 and there is no small pump  This makes things despicable and despicable people


And I want to say that success is better than money
remember Money or good heart???

Yes. There is lots of bad guy and fucker price now 4350. We need good heart but not fucker money. Despicable things is no good heart.

[Biodom]

I would like to ask a question to the long term hodlers governing this thread, the ones with the hat: How down do you think the btc/usd price can go before next ATH?

If we assume the 2014 scenario, then 2700 would be the absolute bottom with consolidation in the 3000s before the next rally. We also have the formidable weekly 200 SMA around 3200.

It doesn't portend well, however, that we're down more than at this same point in the 2014 cycle: -80% vs. -77%.

Not sure what do you mean by the "same point". In time?
Overall 2013-2015 decline was 1160 (bitstamp) to 171 (coinmarketcap data) or 85%.

So far, this cycle it is 19873 to 4035 (lowest), which is about 80% (79.7%).
Right now, it is 78.8% (still much lower than 85% in 2013-2015).

[JayJuanGee]

Bitpay CCO tell us bitcoin price by the end of 2019.
https://cointelegraph.com/news/bitpay-coo-sonny-singh-bitcoin-could-hit-15-20k-by-end-of-2019

I thought that Bitpay has lost a decent amount of credibility in the bitcoin space - so would there be a reason that we would give much credence (or attention) to what the CCO is saying regarding BTC price dynamics.  Any justification to pay any attention to the guy?

By the way, I might be living in a bit of a fantasy, but I would not mind a significant amount of shorts getting rekt about now.. maybe $500 upwards, yet $1k would be nicer. 

I understand that a lot of HODLers are wishing similar, so difficult to see it happen... Actually $2,300 would be even nicer, to bring BTC prices back to $6,500 within the next day or two (weekend pump) - but then likely we would have large corrections if that were to happen.  BTC might not be ready, just yet, for those kinds of pumps.. Seems as if prices have to meander in down channels for a while (even a week or two might be enough) in order for the buy support to become more likely to happen and meaningful, if it were to happen...  otherwise, seems like just wishing for a bullwhale angel, and those never seem to happen until new bottom(s) gets tested numerous times.

[Toxic2040]

1h



W

[JayJuanGee]

There Will be Some NEW fomo buying
But when Will the BULL be unleashed

The question isn't if there will be a new bull market, or even when. It's How far will we plummet before it starts? How many of us will be ruined to make way for the new winners?

Why can’t you just HODL until the next bull run starts? Most of us here are already sitting on huge profits even at the current price. Now is a time for calm heads & accumulating MOAR coins.

Indeed when you have coins.... Then your not really ruined ever only temporarily when you compare to your FIAT value if you paid your BTC more expensive as they are now....
But been Said 1000xTIMES its not a get rich overnight kind of deal, if you got money to pay the bills, eat and drink have Some Fun time .... Then whats the problem?

That’s my situation mic!
Last year I had the fucking time of my life to be honest. I didn’t sell any of my actual bitcoin’s (the one’s I bought) but trust me I fucking enjoyed pissing all the free BCH & BTG up the wall. I visited countries I’ve never been to before, I partied like a 21 year old, fuck it was fun.

Now all that’s over I still have all of my bitcoin’s & they’re worth $4,000 each where as before they were worth $1,000 each (and below).

2021 or 2022 is the golden year gentlemen, HODL & you WILL be rewarded.

I could not really bring myself to sell my BTG - and maybe that was a bit short-sighted - so I still hold all my BTG.

My excuse that I was hoping for more than 3%.. and I think that there was a pump period that they bounced between 3% and 5%, but I recall that I had not yet split my coins (meaning my BTG) during that period.. and I think after I split my BTG, they have not gone above 2% for any significant period of time.. .so mine just sit there and seem mostly irrelevant at less than 1%.... Doesn't matter a whole hell-of-a lot to me, if they go to zero before I take selling action, if I do decide to, some day.

[El duderino_]

^
still have my worthless BTG as well

[gembitz]

1h



W

timberrrrrrrrr $2500 soon :-D weeeeeeee

[JayJuanGee]

Theymos said a few weeks back something to the effect that If there is any price at which you would be ruined, it might be a good idea to assume we will reach it. And thus and so I'm concerned. I'm trying to not show it, for the kids and for Jimbo and because the cock bug will laugh at me. But I'm concerned.

That’s too bad. So you sold all your coins?

I'm not sure I like you.

QA is not a bad peep, but he does seem to enjoy stirring shit from time to time, and surely sometimes he seems to focus on the "wrong stuff", but hey, that's only human, right?  

Aren't most of us (the real ones, at least... and probably the bots too, since humans program them) bags of walking contradictions, and someone once said something about the foolishness of consistency, too.....