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

[Last of the V8s]

breaking

[realr0ach]

Dear hodlers,
I was an assidous poster in the "hodl" thread, I hodled for many years, because I know I am a bad trader.

I felt a little bit scared during 2014 or so, but my investment was so little I didn't give really a fuck. During 2017 I turned maniac and I felt overinvested, but I did hodl as I was told to do. During 2018 I felt scared, but I hodled tight my paper wallet as i watched my new fortune fade away.

Now, almost 2019, I turned on my old bitstamp account. I felt emotional when I retyped the password after many time, I know I am a bad trader and I shouldn't do thing like that. But I did.

Today, I bought.

In reality, my fiat is still travelling thought the bank system and my bank will require all today and tomorrow and a part of the day after in order to send the money, but I'm going to buy.

It's a very small sum, but that's the first time since 2013 that I felt that hodling is not enough.

Just checked in to write the mandatory wo post when someone buy or sell

Have you noticed the disturbing trend that the bulls of the past were all libertarians, a few weirdo anarchists, a few Ron Paul types, a few white nationalists, a few computer science people?  While the bulls of the current age are now the exact opposite, composed of leftists, people with barely any computer knowledge, a few token ultra flaming gay people, stereotypical fly by night conmen like Tai Lopez, Jew shills, Facebook NPCs and so on?  Bitcoin obviously went off the rails somewhere from where it started.  We will see which group had better investing acumen in the end.

[jojo69]

god, somebody tell me how to feel!!

[PoolMinor]

Hate to break it to you, Ethereum really isn't a shitcoins it has one huge advantage that only Bitcoin shares. Bitcoin and Eth are not securities. That's fucking huge, and it means more than others. I really should increase my eth holdings (I fucking lost 15 eth when I formatted a drive so feel free to laugh at my incompetence with fresh coins.)

Not that any of this should be discussed here.

ETH is not scarce, it has no limit on coin production. The value in Dapps is nothing because anyone can create dapps on other coin chains; Take FLO for instance (a scrypt coin). https://flo.cash/dapps.html

Apples to oranges.

[El duderino_]

god, somebody tell me how to feel!!

Numb. Very numb.

I have taken up drinking again.

already asked a few posts back

how many how early etc ....

a few nocoiner friends are asking me how BTC is doing LoL

[kurious]

god, somebody tell me how to feel!!

Try 'shiny' - works for me...

[jojo69]

capitol idea Bob!

ahh Toddy MacNaughton...where have ye been lad

[dutchlincoln]

i dont think its the best moment to cashout 66.233 BTC into anything else.

unless naturally someone is willing to tank it to $5, and immediately buy 50 million BTC back for it...

[realr0ach]

ETH is not scarce, it has no limit on coin production. The value in Dapps is nothing because anyone can create dapps on other coin chains; Take FLO for instance (a scrypt coin). https://flo.cash/dapps.html

Kind of like how ALL shitcoins whether it's BTC or ETH are based on artificial scarcity and have no value.  Artificial scarcity != scarcity.

Fiat and digital shitcoins = artificial scarcity

Physical metals = actual scarcity because earth is mostly a closed ecosystem (no, you cannot mine a fucking asteroid for anything less than head exploding prices)

[kurious]

Dark days like these are when hodlers prove their mettle and earn the right to be proud when blue skies return.

[RejectedBanana]

Bitcoin, putting the 'numb' in numbers since 2009.  

[jojo69]

meanwhile, the yellow vests move on the Bastille

never a dull moment

[JayJuanGee]

Capitulation is definitely in, every post is that crypto is going down and nothing can stop it. Coindesk is declaring it crypto winter and we need to wuick looking at the price. People are memeing that Bitcoin is just a downward ride.

It's here and we may have already hit bottom or not but we're fucking close with that continuous Doom and gloom mindset.

We won't have capitulated until we stop talking about capitulation. We won't have bottommed until we stop talking about bottoms.

The majority is though, the wall observation thread likely won't ever stop. Did it stop previously?

When tumbleweeds?

Well, yeah, perhaps 6-8 more months of flat prices (and maybe even some lower levels, too (but not necessary), would cause a decent amount of tumbleweeds.  Difficult to know, too, whether such tumbleweeds are necessary in order to reverse this particular correction - because there could have been sufficiently enough purging of froth..  though with the passage of time, I do continue to notice a lot of snot-nosed 14 year olds still in the space.. so, I am not sure how many more of them need to be purged before reversal..  which could take a bit more than 6-8 more months, perhaps?

[Last of the V8s]

Bitcoin, putting the rum in hodlers since half past two.

[JayJuanGee]

In "altcoin news": BCH(ABC) is slowly bleeding out in the BCH-BTC pair, even with bitcoin's deeper and deeper plunge.
I'm milking it again.

SV is winning that fight? You're fucking kidding me?

I'm not saying that!
SV has indeed gained some since the fork, but it doesn't look like it's "winning".

They are both going down, just not directly, so the waves of UP and DOWN along the way to mostly DOWN for dem ones does not seem unusual.

[jbreher]

With government backed loans I couldn't care much less if I fucked up since everybody would get harmed by my actions.

ftfy

[JayJuanGee]

Little known fact: you're one of the wrongest men in crypto.

Yet I prosper. Go figure.

Yeah, it could all work out for you, and perhaps your BTC profits can continue to carry your bcash shit losses, and especially if you do not bet too much of your capital (including selling your bitcoin) for that seemingly ongoing crap.  ... Of course, those shitty bcash holdings of yours might pump again, too, but if you are betting long term that they have any kind of semblance to bitcoin, you better be careful because you are likely to lose a lot, like I said, especially if you allocate very much of your bitcoin principle into that.

[kurious]

Bitcoin, putting the rum in hodlers since half past two.

Better than the Glen in HODL...

[realr0ach]

meanwhile, the yellow vests move on the Bastille

I can't wait to see Jew shill Macron's head on a stake, but part of me feels much of this is orchestrated.  The dollar is the world reserve currency and obviously creates the most disruption when it finally implodes, so they might just be sacrificing the Euro to try and prop up the dollar to buy time.  Another Jew shill, Martin Armstrong, is always trying to hype the idea that the EU will implode first and send all financial flow to the west, propping up/strengthening the dollar.

So by allowing the dollar to not die, it just gives Jewish occupied America more time to try and do things like ban guns and implement more police state stuff for when the currency implosion finale occurs with the dollar.  The kikes are too scared to let the dollar die right now because they don't have total control and wouldn't be able to force a new debt based scam currency on people and would just get holocausted if they tried.

[jbreher]

Data/information is only as good as its source. Highest level being 15, not bullish. Edit: Bitcoin Cash has a "16". 

Bitcoin SV? 100.

#justsayin'

Actually only 86 currently...was 100 2 weeks ago.

No. The term is not bitcoin+cash+sv, it is bitcoin+sv. And it is trending currently at 100.

Even if it were 86, you are still making my point for me.

In this thread, we already know that part of the motivation of the bcash forks has been to attempting to put bitcoin back into their name(s),

Back? Sorry, dude or dudette - it was always there. Note the term being searched on the google: bitcoin+sv ... trending upwards.

Get it into your bcash shilling head, the bcash forks are still going to be referred to as bcash..

As but one of many counterexamples: CMC.

... caught up in the myth that bcash has value.

Manifestly, both branches of the Bitcoin Cash fork -- ABC and SV -- have value. Not as much as I would like, but $Billions nevertheless.

Do you believe that exaggeration and hyperbole makes your arguments stronger?