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

[Hueristic]

Desperate days call for desperate measures

[Toxic2040]

Desperate days call for desperate measures
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Desperate days call for desperate measures

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W

#stronghandsMay2019

[luckygenough56]

Where is the great red dildo of death, i am disappoint !

[JayJuanGee]

dumping is really slowing down

It does not work like that.
 

Price has to go above certain levels because at this point, BTC prices remain within a few percentages of the bottom, and we have been here for ONLY a couple of weeks.  Remember the $200-ish bottom in 2015?  there were around three attempts at breaking sub-$200 support - and those were spread over about 8 months.

Bring us above $5k for a while, and even better above $6k, and I might start to feel comfortable that the bottom is in.

[yefi]

I wish I had your patience.  
But alas, similar to what Majormax described, even if my analysis is 'after such a longer period at basically the same price, a break downwards will cause a big move down', my actual buying pattern is too optimistic.

I'm probably falling prey to the same impulse tbh. What can I say, FOMO kicked in for me.

[JayJuanGee]

UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA

UNITED AMERICAN CORP., a Florida company,

Plaintiff v.

BITMAIN, INC., SAINT BITTS LLC d/b/a BITCOIN.COM, ROGER VER, BITMAIN TECHNOLOGIES LTD., BITMAIN TECHNOLOGIES HOLDING COMPANY, JIHAN WU, PAYWARD VENTURES, INC. d/b/a KRAKEN, JESSE POWELL, AMAURY SECHET, SHAMMAH CHANCELLOR, and JASON COX.

Ridiculous entrepreneurs  

BCash $106,76   
BSV      $96,14



https://www.coindesk.com/mining-firm-claims-bitcoin-abc-proponents-hijacked-bitcoin-cash?

Frivolous lawsuit should have no effect, but we are in cryptolandia, and even stupid ass dumb stuff has effects... 

[JayJuanGee]

That indicates, that the bottom has been reached about 1 - 1.5 years before halving.

Next halving from here is about 1.5 years away.

Didn't we have two BTC price bubbles (exponential price rises) in 2013?

[JayJuanGee]

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.

The dynamics of a bottom are quite likely to be different each time, including the fact that there are likely more than 10x more HODLers of last resort, this time around than there were in the previous (2014/15) dip.. 

So that seems to mean that there are way more people in this thread with optimism about the price going up, and I question whether we really need to levels of despair that were present in 2014/2015 - peeps like MajorMax seem to believe that we need that level, this time, and he might end up being correct.

JJG buy the fucking dip   Ladder style

Ok.....

That's what I do buy the dip and buy on the way down, mostly.. and sometimes if I feel that the bottom is dropping too fast, I might pull a few orders, but frequently, and just HODL a bit, yet I find that does not tend to work as well as just leaving the buy orders in place, instead of trying to guess...  Another thing that I do is reconfigure my increments and my amounts, and that could be based on a kind of feeling of running out of money or at least not being able to cover as far down the possible dip.

 So are you trying to suggest that I do something else or what is your point, exactly?  Comes off as a bit of a smart-ass point... but I am trying to give you some benefit of the doubt and not to lump you too much into the wrong camp.   

[bitserve]

Where's Rosecactus? I miss his positivity.

[Last of the V8s]

juggling socks

[PoolMinor]

Where is the great red dildo of death, i am disappoint !

Follow the yellow arrow.

[bitserve]

juggling socks

He's a street juggler now?

[jojo69]

It is the hat.

on Beiber's knee?

[El duderino_]

[El duderino_]

who thinks this way?

[El duderino_]

SO SHORT THE BANKERS, LONG BTC??

[LFC_Bitcoin]

who thinks this way?

That’s very close to what I expect mic!
That’s what I’ve pinned my fucking future & financial well being on any way

[gwaur]

who thinks this way?

yeah that's pretty close to my approximations as well.

[El duderino_]

https://i.imgur.com/AGU4P2T.png

https://i.imgur.com/b7P5nxU.png

who thinks this way?

That’s very close to what I expect mic!
That’s what I’ve pinned my fucking future & financial well being on any way

would be good... let us just say a bigger spike as 12K for the fun posting around here

[JayJuanGee]

who thinks this way?

Would be nice if you (and other posters) would get into a courtesy habit of putting the sources (links) for information that is fairly obviously coming from somewhere(one) else.