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

[LFC_Bitcoin]

via Imgflip Meme Generator

What do you notice LFC

I have to be honest, the first thing I noticed was nipples but yesssss go Angelina!

[d_eddie]

By the way, I don't believe the current market move in the slightest. No moon yet, gentlemen. Relax. This is just a longer, slower short squeeze along the way to the final, brutal crevice.

Accordingly - my money where my mouth is - I've closed my short with a small-mid profit (take profit limit just under my entry) and reopened it a bit higher. It's smaller, too, but I'm afraid to make it grow too quickly. An incremental ladder à la (reverse) JJG/JB is better in my experience.

To fellow tactical shorters (I'm thinking HM and others) - LDOH! (that's hodl in reverse).

Some things do not work in reverse.
They are based on different theories, and differing underlying assumptions.

Well some things actually do work in reverse. All it takes is a reversed perspective (up vs. down).
The same guy who is a long term optimist (bull) might see a downside on the short term and try to either (partially) hedge his holdings or make some profit out of the ongoing trend.

[vapourminer]

The overall feeling was similar to other bear markets - agony, despair, etc. However, many of us took to heart the rumors of bitcoin's demise. It seemed likely that bitcoin would, at best, remain something of a hobby for cypherpunks. OTOH, the despair was different. It was more about the loss of a dream, and less about the loss of money. Since BTC was so cheap, most people only had like a few grand invested, at most. Unlike Dec. 2017-18 when even the shoeshine boy lost $100K+.

You guys deserve respect for persevering through that. You pretty much blazed the trail that we could look back on for confirmation that Bitcoin would survive the worst.

just wanted to confirm what infofront posted about 2011 - 2012.

i started mining late(ish) 2011, at first using an existing ATI HD4850 on my gaming rig (my main distributed computing rigs, nvidias on folding@home, stayed on that), then dropping a couple grand on a rig built for BTC mining specifically. ATI HD6870 and HD5830s where the gotos at that point

it was more or less surreal as back then, for me it was just another experiment in distributed computing with a new kind of money storage theme, and distributed computing was very familiar to me from other projects.

price was ~$10 when i started. went up to ~35. YES! then the loooong decline to ~$2. but i kept mining to support the experiment then, and really did not expect any monetary gains. but guess where a large part of my current stack is from. yup, the $2 per coin mining days.

not that btc cant fail, but accumulation during the cheap coins day sure paid off for me. i intend to keep that strategy.

[gembitz]

Sorry to interrupt, but someone explain why this kid is so popular in google search and forum topics?
Everybody keeps asking about him.

 


reeeeeeee

[gembitz]

the 1 million CLUB

remember not everyone can have a FULL BTC

21 Bitcoin to be in the club or is this some insane 1mil btc club that has a Max of like what 6 members?

just monday art drawings brother, i enjoy there creativity's

You didn't draw these right?

 

#thread

[PaivanTreidi]

Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.

[gembitz]

Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.

$2499 inkoming weeeeee

[vroom]

Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.

yes, that's a good sign. if you want to make sure that the bear market is really over, sell some bitcoin and try to buy them back cheaper

[bitserve]

^ Maybe I am wrong, but I thought that post was ironic....

[El duderino_]

the 1 million CLUB

remember not everyone can have a FULL BTC

21 Bitcoin to be in the club or is this some insane 1mil btc club that has a Max of like what 6 members?

just monday art drawings brother, i enjoy there creativity's

You didn't draw these right?

No offcourse not ....

[bitcoinPsycho]

^ Maybe I am wrong, but I thought that post was ironic....

Oh I now see . Just read quick . oops

[bitserve]

Only two pages since yesterday.... Now this is starting to look like capitulation is near.

[LFC_Bitcoin]

Only two pages since yesterday.... Now this is starting to look like capitulation is near.

You’d be able to tell if Chart Buddy was still here, I remember seeing 4 or 5 of Chart Buddy’s posts in a row. Was like a ghost town in here, that’s when you knew the bottom was in.

Shame we don’t have a similar bot now really.

[gentlemand]

You’d be able to tell if Chart Buddy was still here, I remember seeing 4 or 5 of Chart Buddy’s posts in a row. Was like a ghost town in here, that’s when you knew the bottom was in.

Shame we don’t have a similar bot now really.

I'm not sad. I hated it. I'd rather organic rather than machine deadness. The empty bumps were depressing.

[luckygenough56]

[bitserve]

And what about buying? Everyone waiting for 2000, 1500 or whatever? maybe just finished your accumulation? or maybe just waiting a few more months till we are sure if the bottom was in or not? Maybe bitcoin is really dead this time?

At least I see no BTFD posts anymore, which is good.

[El duderino_]

COME ON .....  weekend pump evaporates, so BTFD

[luckygenough56]

what a weak dump this one

[bitserve]

COME ON .....  weekend pump evaporates, so BTFD

I have just had a vision. The bottom will be surely in when you start to sound pessimistic

[xhomerx10]

COME ON .....  weekend pump evaporates, so BTFD

I have just had a vision. The bottom will be surely in when you start to sound pessimistic

 I dont believe big MicG has a pessimistic bone in his body...