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

[cool4y]

We haven't seen the bounce yet.

From 2014 until now i’ve seen at least Six 2x reversals after severe dumping like this.
_____________

Additionally

Do not ignore the altcoin market and its significance in catapulting the price of BTC back in 2017 and soon in 2019-2020. The current capitulation has sent some of the legit alternative blockchain projects to insanely low marketcaps (talking about the sub $15M), so low that people might get FOMO on them once again, generate enough 10-50x returns to create a snowball effect, and contribute to the catalyst of the next crypto bull run in the process.

The altcoin market is here to stay and the hundreds of legit projects of today and tomorrow will continue to create demand and drive the price of BTC up. For the ignorant BTC maximalists: do not underestimate the 47% altcoin market share and the hundreds of thousands of lines of codes that are being written every day to improve the ecosystem.  

 

Altcoins are  dying off silently. They have crashed the market with the thousands of ethers collected in first place. There'll be a purge for sure. The next hype cycle might be few years from now.

[1713269979]

1713269979

[TheCactus]

Ok. See. Right there is one of the reasons I outright ignored JJG.

Even though I'm pretty sure JayJuanGee is a Google chat bot that just cut and pastes things from dictionaries, from an outside, non-biased perspective, I would say he has more shitcoin credibility due to the fact BOB was telling everyone NOT to sell at the top while he was dumping everything.  Then he typed something like "thanks guys, I'm now a millionaire" right after.  It was something resembling an altcoin pump and dump group from the year 2013.

He didn't say it once, but numerous times telling all the other shitcoiners in the thread not to sell while he was.  Lucky for Bob, I seem to be the only person that remembers that.

He's right, you know?

[Totscha]

We haven't seen the bounce yet.

From 2014 until now i’ve seen at least Six 2x reversals after severe dumping like this.
_____________

Additionally

Do not ignore the altcoin market and its significance in catapulting the price of BTC back in 2017 and soon in 2019-2020. The current capitulation has sent some of the legit alternative blockchain projects to insanely low marketcaps (talking about the sub $15M), so low that people might get FOMO on them once again, generate enough 10-50x returns to create a snowball effect, and contribute to the catalyst of the next crypto bull run in the process.

The altcoin market is here to stay and the hundreds of legit projects of today and tomorrow will continue to create demand and drive the price of BTC up. For the ignorant BTC maximalists: do not underestimate the 47% altcoin market share and the hundreds of thousands of lines of codes that are being written every day to improve the ecosystem.  

 

Altcoins are  dying off silently. They have crashed the market with the thousands of ethers collected in first place. There'll be a purge for sure. The next hype cycle might be few years from now.

Do not confuse decent altcoins with shit tokens.

[El duderino_]

We are testing the support levels at 3.800. If it's not broken down, there are hopes for slow recovery. If we go below this range, it's gonna be ugly.

Thats been Said about 7 previous resistance levels
And whats ugly?

[crypmike]

https://twitter.com/CarpeNoctom/status/1069820301377187840

[bitserve]

Gratefully quiet in here now.
Stay strong Bob, FWIW I hope you stick around.

JFC! Why would someone have d_eddie on ignore??

[El duderino_]

good late morning ,
one for PUMPluck

[El duderino_]

Gratefully quiet in here now.
Stay strong Bob, FWIW I hope you stick around.

JFC! Why would someone have d_eddie on ignore??

thought the same right there

[bitserve]

Ok. See. Right there is one of the reasons I outright ignored JJG.

Even though I'm pretty sure JayJuanGee is a Google chat bot that just cut and pastes things from dictionaries, from an outside, non-biased perspective, I would say he has more shitcoin credibility due to the fact BOB was telling everyone NOT to sell at the top while he was dumping everything.  Then he typed something like "thanks guys, I'm now a millionaire" right after.  It was something resembling an altcoin pump and dump group from the year 2013.

He didn't say it once, but numerous times telling all the other shitcoiners in the thread not to sell while he was.  Lucky for Bob, I seem to be the only person that remembers that.

He's right, you know?

I may not be the smarter guy in the class, but I do have an exceptionally good memory and that's not how things were. Everyone is free to go back and check all Bob's posts of december past year. I don't need to. He announced his plan of cashing out enough for retirement well in advance. And every time after he sold a batch. Sometimes even before.

Also he was millionaire way before. And just the Bcash stash alone that he sold months before the ATH amounted for nearly a millionaire figure.

[El duderino_]

My comment also includes a reference to Bob's representation that he was going to give beers to everyone if the BTC price goes below "x".... BTC price went below "x" and he weasled as good as any disingenuous person that you cannot rely upon at his word.   

But now seeing this bullshit pettiness from you has me seeing red, and I'm contemplating possibly violating my OpSec to follow through (eg: Any user within 20 pages either way of "that" post can ping me for $7 USD worth of BTC to put towards a beer purchase.)

i will not settle for a beer!! when i can have a champagne shower @ some carribean 100K a coin party, maybe within a year or 2 who knows

[El duderino_]

The odds of a party or the odds of $100k?!

LOL...if btc will be at $100K, a party will happen (99.99% probability in my guesstimate )

but the price within 5 years to reach 100K (max 10%, you stick a knife in my heart) 
when moon, when 100k party, when the dream, etc........... or just eternal hodl

[bitserve]

The odds of a party or the odds of $100k?!

LOL...if btc will be at $100K, a party will happen (99.99% probability in my guesstimate )

but the price within 5 years to reach 100K (max 10%, you stick a knife in my heart) 
when moon, when 100k party, when the dream, etc........... or just eternal hodl

I, for one, have gotten rid of any thoughts of MOON (be it $100K, $50K, or even $20K) from my mind. I will continue to hodl, and probably slowly accumulate more... But I don't want to frustrate myself again. That's what I did in 2014/2015 and that's what I am doing now. Let it be whatever it has to be.

[El duderino_]

Well, should probably go without saying, I rescind my offer of throwing a $100k party, if/when the milestone is achieved. If I've fucked up an intended good-faith beer offering in this thread so badly due to bad planning/foresight on my part or whatever, I have no business pondering more grandiose "events". Not to mention the considerable scorn I have accrued, bearing down upon me, is beginning to weigh heavily on me.

All my calls have turned out to be contrarian, looking back through the lens of retrospection.

I offer nothing of value to this thread.

I should just delete this account and get on with life in meatspace...

F*** if you would go, all will go
stop joking around, i shall assist you @that 100K BTC party it would be such a milestone, and nobody cares that you just drunk all the beers and didn't send them out
-even would never of think it could be serious of sending everybody a beer......LoL, but stay on the thread MAN, mostly for value offering

[HairyMaclairy]

Maximum of two days left in the bear pennant

[empowering]

Thats the spirit

[bitserve]

My comment also includes a reference to Bob's representation that he was going to give beers to everyone if the BTC price goes below "x".... BTC price went below "x" and he weasled as good as any disingenuous person that you cannot rely upon at his word.   

But now seeing this bullshit pettiness from you has me seeing red, and I'm contemplating possibly violating my OpSec to follow through (eg: Any user within 20 pages either way of "that" post can ping me for $7 USD worth of BTC to put towards a beer purchase.)

i will not settle for a beer!! when i can have a champagne shower @ some carribean 100K a coin party, maybe within a year or 2 who knows

What happened to the idea of doing it in Las Vegas?

Oh shit, I just said I gotten rid of thinking about moon and am now talking about a $100K party.... I am incorrigible.

[HairyMaclairy]

$100k ain’t da moon

[bitserve]

$100k ain’t da moon

It would be "nuff" of a moon to me. As in enough to live comfortably for the rest of my life. I am not greedy.

[empowering]

 

[reactorjuno]

Still trying to figure out why this collapse. It was in a range of $6000 to $7000 for a while, I guess the resistance at $5800? But that's still a massive drop without any fundamental to explain it. At least last year each collapse was "explained" by some Chinese news or platform hacking, lately nothing notable happened