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Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
No - 55 (59.1%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21533306 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. (142 posts by 32 users deleted.)
El duderino_
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December 01, 2018, 12:01:29 AM

I have no idea what I am doing



is that the M of Mclairy? or what are you doing ?
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HairyMaclairy
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December 01, 2018, 12:04:15 AM

is that the M of Mclairy? or what are you doing ?

This is a very complicated case, Maude. You know, a lotta ins, a lotta outs, a lotta what-have-yous.

But I think that time is just a "vehicle" to cause loss of hope, being that loss of hope the determining factor. There is still a lot of hope around so maybe this time around more time is needed to reach same levels than in the last bear market?

I agree that time is just a vehicle.  But time also becomes a vehicle of hope, being the halvening.

i don't think it makes sense to focus on miners. difficulty may lag a lot, but it should eventually follow price on a long enough timeline.

I think this is right.  Difficulty follows price rather than the other way around.
El duderino_
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December 01, 2018, 12:07:47 AM



10.JEWS


If you post that word 2 more times, that jackass will reappear, please don't!
i will stop @1 time Wink
El duderino_
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December 01, 2018, 12:11:39 AM

is that the M of Mclairy? or what are you doing ?

This is a very complicated case, Maude. You know, a lotta ins, a lotta outs, a lotta what-have-yous.

But I think that time is just a "vehicle" to cause loss of hope, being that loss of hope the determining factor. There is still a lot of hope around so maybe this time around more time is needed to reach same levels than in the last bear market?

I agree that time is just a vehicle.  But time also becomes a vehicle of hope, being the halvening.

i don't think it makes sense to focus on miners. difficulty may lag a lot, but it should eventually follow price on a long enough timeline.

I think this is right.  Difficulty follows price rather than the other way around.

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December 01, 2018, 12:14:21 AM

I have no idea what I am doing



I also believe that the next intermediary top will be around 23-25 of December. Good chart.
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December 01, 2018, 12:16:33 AM

I have no idea what I am doing



That seems quite apparent.

Charting while drunk.


Wouldn't it be ironic, if your dumb-ass lines actually played out with precision?    Embarrassed
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December 01, 2018, 12:16:55 AM

FUN time is over have been with some hodl friends, hanged around with the WO brothers now its time to go deep into the pits of mountHODL and go for a well earned rest
good night and initiate WEEKENDPUMP during that sleep Grin
El duderino_
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December 01, 2018, 12:18:35 AM

I have no idea what I am doing



I also believe that the next intermediary top will be around 23-25 of December. Good chart.
right when i'm @ the NOCOINERS table... that wouldn't be great, but it would be something Smiley
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December 01, 2018, 12:21:00 AM

https://bitcointalk.org/index.php?topic=4530624.msg48347529#msg48347529

sounds right ?
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December 01, 2018, 12:35:15 AM

The bottom is not in.

This isn’t about price, it’s about time.  We haven’t had enough time to digest the last bull market. 

We will hit absolute bottom between here and mid-2019.  I can’t give you a price target because it’s not about price. 

Very good thinking. Most ppl concentrate on price, and it is important to get away from the herd ideas.

If bottom is in early/mid 2019, that would put the next high around 2021-2.  Hunker down is in order. Better to find something else to think about for a couple years !
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December 01, 2018, 12:50:15 AM
Merited by El duderino_ (1)

The bottom is not in.

This isn’t about price, it’s about time.  We haven’t had enough time to digest the last bull market. 

We will hit absolute bottom between here and mid-2019.  I can’t give you a price target because it’s not about price. 

Very good thinking. Most ppl concentrate on price, and it is important to get away from the herd ideas.

If bottom is in early/mid 2019, that would put the next high around 2021-2.  Hunker down is in order. Better to find something else to think about for a couple years !

Even if this possible scenario were to come true, wouldn't there be a way to profit from such scenario, rather than going away for "a couple of years"?

Wouldn't we want to attempt to buy more on the way down to the bottom in early to mid 2019?  And of course, there might be other actions that can be taken, too.

Certainly, I am not against any kind of attempt to plan a more passive approach to BTC investing, yet it seems that there is only a certain amount of confidence that can be put into any scenario, even the most likely of scenarios, and further it seems that even the most likely of scenarios never really end up playing out - unless the specifics are really broad and just an outline of real long term likelihoods.
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December 01, 2018, 12:57:54 AM

Have anyone here ever received something like this?

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December 01, 2018, 01:06:11 AM
Merited by JayJuanGee (1)



Even if this possible scenario were to come true, wouldn't there be a way to profit from such scenario, rather than going away for "a couple of years"?

Wouldn't we want to attempt to buy more on the way down to the bottom in early to mid 2019?  And of course, there might be other actions that can be taken, too.



Yes, thats the theory. Very few ppl would be able to successfully call the right timings and price. ..but good luck to anyone that goes for it.

Not tying to put ppl off, just pointing out that passive hodling is the safe strategy: you only have to make one correct call  , and that is  'The price of BTC is still in a long term uptrend'  (could just possibly be wrong, but the odds are at least in your favour).

The reality is that only a minority actually make much profit from trading, most is made from hodling.
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December 01, 2018, 01:17:01 AM

JayJuanGee
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December 01, 2018, 01:31:29 AM



Even if this possible scenario were to come true, wouldn't there be a way to profit from such scenario, rather than going away for "a couple of years"?

Wouldn't we want to attempt to buy more on the way down to the bottom in early to mid 2019?  And of course, there might be other actions that can be taken, too.



Yes, thats the theory. Very few ppl would be able to successfully call the right timings and price. ..but good luck to anyone that goes for it.

Not tying to put ppl off, just pointing out that passive hodling is the safe strategy: you only have to make one correct call  , and that is  'The price of BTC is still in a long term uptrend'  (could just possibly be wrong, but the odds are at least in your favour).

The reality is that only a minority actually make much profit from trading, most is made from hodling.

Largely, I agree with you, and what you are saying also seems to justify a continued dollar cost averaging (DCA) investment plan, because such DCA plan presumes long term up, and does not attempt to put too much weight into short term ups and downs that are difficult to figure out or get even close to correct.

Yet I am not sure whether listening to a prediction like yours some folks would attempt to tweak their dollar cost averaging strategy because they are kind of waiting for lower BTC prices or something like that or maybe not buy as many BTC when the BTC price goes up in order to buy more when the price goes down as they are projecting to happen.

In the end, perhaps some little tweaks to DCA are not going to hurt too much as long as the tweaks don't become large attempts to time the market.. that then rise to more of a gambling technique instead of DCA.
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December 01, 2018, 01:32:56 AM

Have anyone here ever received something like this?
https://pbs.twimg.com/media/DsykvhgV4AAi7of.jpg[/img]
Man that looks a pain. Looks mostly like what some of them ask for on signup.
Except for the triggering part.
The guy I would ask about this (has a lot to do with finex) is asleep, but will ask him in the morning if you're still stuck.
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December 01, 2018, 01:38:51 AM

Is the man tightening on-ramp grips again?   Noticed that some exchanges are more difficult to fund recently.  Stamp is no longer accepting CAD or GBP transfers as I've just found out via support message. Canadian credit cards have been blocked for bitcoin purchases since the beginning of the year.  Quadriga exchange has suddenly moved into exchange only model.
It's getting difficult for me to BTFD.   Where's a Canadian allowed to go shopping?  Being out of the country hasn't helped much either.
bitserve
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December 01, 2018, 01:40:53 AM

Have anyone here ever received something like this?
https://pbs.twimg.com/media/DsykvhgV4AAi7of.jpg[/img]
Man that looks a pain. Looks mostly like what some of them ask for on signup.
Except for the triggering part.
The guy I would ask about this (has a lot to do with finex) is asleep, but will ask him in the morning if you're still stuck.

NO, no, fortunately it is NOT me who have received that. But I saw it on twitter and am checking if anyone else received it.

Thx for the help offer though! Smiley
bitserve
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December 01, 2018, 01:42:53 AM

Is the man tightening on-ramp grips again?   Noticed that some exchanges are more difficult to fund recently.  Stamp is no longer accepting CAD or GBP transfers as I've just found out via support message. Canadian credit cards have been blocked for bitcoin purchases since the beginning of the year.  Quadriga exchange has suddenly moved into exchange only model.
It's getting difficult for me to BTFD.   Where's a Canadian allowed to go shopping?  Being out of the country hasn't helped much either.


I would assume ALL "legitimate" exchanges will end fully KYC/AML compliant. And probably be even more a PITA than traditional banks already are. That's the price of regulation... and regulation is coming and tightening, that's for sure.

DEX are another matter... we will have to see how that develops... I have the suspicion that they are DOA.
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December 01, 2018, 01:46:45 AM



May 2019 will be the 12 month countdown to the halving. Still a long way away and we could see other lows before then.
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