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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3.1%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.6%)
$11,500-$12,000 - 5 (7.7%)
$12,000-$12,500 - 16 (24.6%)
$12,500-$13,000 - 12 (18.5%)
$13,000-$13,500 - 7 (10.8%)
$13,500-$14,000 - 5 (7.7%)
>$14,000 - 14 (21.5%)
Total Voters: 65

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23383306 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. (148 posts by 37 users deleted.)
El duderino_
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December 13, 2018, 10:54:52 AM

Truth as life itself.

when low

8K: "Will buy at $6K"
$6K: "Will buy at $3K"
$3K: "Will buy at $1.5K"

when up

$6K: "Will buy at $3K"
$8K: "Will buy at $6K"
$14K: "Will buy at $8K"
$20K: "Will buy at $14K"
 

This is so true LOL!!!

 When moon

https://i.imgur.com/DDzMMqt.jpg

avatar-sized





doesn't that wilhelm needs a HAT ?
Roll Eyes
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El duderino_
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December 13, 2018, 11:00:46 AM

another day of doom and gloom, sideways action whilst we wait for more capitulation. On a brighter note, i now have a hat!

good i'll put it with the others..... didn't know it was for someone @first....
but its a cool one but "that's just XhomerX's brand"
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December 13, 2018, 11:01:50 AM
Merited by El duderino_ (1)

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.
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December 13, 2018, 11:04:08 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!
Yeah, the last consistent crash was on 6 Dec. Perhaps it will stagnate for another week and then something will happen.

Let's also consider some alt prices are very low, if BTC will crash again they could worth a penny, which would be ok for a consequent and fast bull run though.
El duderino_
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December 13, 2018, 11:04:21 AM

looking forward this weekend hope i'll be better to enjoy it fully  Undecided

but F*** did i plan my flights the worst as possible ......
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December 13, 2018, 11:06:04 AM
Merited by LFC_Bitcoin (1), El duderino_ (1)

This morning I got news that I will get some small inheritance about 0.5BTC Can't wait to get it done and secure the coins in my HW. Let the n00bs continue the shorts play. They will all get rekt soon. Shorts are close to a pannic attack. Each time some big buyer appears, they put a warning sell wall of 1000 bitcoins in BFX. So pathetic! It seems that the price is close to their margin call and if it jumps then they have to buy at least 60K bitcoins. Of course, they will come here and post FUD about going down so that average Joe doesn't buy now. In this way they hope to buy for a long time at this price and avoid the short squeeze. However, they can't suppress the price long enough (not enough sell offers currently) and especially they are afraid of the incoming approval of CFTC for bakkt. It will probably come out in the next few days. Trust me, shorts have red eyes googling each 5 mins for the bakkt news while watching the price! n00bs!  Grin Grin Grin
El duderino_
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December 13, 2018, 11:07:57 AM

There is an excellent article which I read which explains why odds are stacked against shorts in the long run.  Shorting is always a short term play.  I am going to try to find it.  

hope you can find it, like to read it Smiley
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December 13, 2018, 11:08:34 AM

Speaking of... my favorite 24-hour average and two parallel lines:





Two random parallel lines? Or is there a reason why certain price extremes were disregarded while others were not?

Older stuff (more than 11 months) disregarded. Last 11 months fit inside, between the lines.
El duderino_
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December 13, 2018, 11:14:34 AM



in belgium this was on the news few times during the day.... about that "cryptohuis" first real shop in belgium where you can go to let the guys buy and manage crypto or something (doesn't look to bad already put it in here before)
but news on TV is news Roll Eyes
hope i have some time next week to check it out there

curious what they will try to sell me Wink
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December 13, 2018, 11:14:38 AM

Hmm...  To me, it looks like (but for the last few weeks) it was a triangle.

A triangle we fell out of the bottom of.

But hey, what do I know?
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December 13, 2018, 11:18:52 AM

Triangle is old news. The question is: where we're now?
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December 13, 2018, 11:28:02 AM

Triangle is old news. The question is: where we're now?

I'll tell you in six months Wink
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December 13, 2018, 11:32:09 AM

The way I see it, a retail investor or institutional money would likely choose the real thing (settled in kind) over paper stuff that eventually goes bust. Ease of physical delivery is the winning property.

Sadly as it stands I think it's the opposite.

They're used to paper.  Everything they do is built around it. The futures are provided by names they trust, unlike the physical options. Like most people here they're only after more dollars but at least they're happy to admit it.

They'll have to be dragged into thinking physical is to their benefit. It's alien to how they operate.

There would need to be an army of non traditional finance believers and players to take command of the price via physical options for them to pay attention.

Is that not the same for BTC ?

Most ppl are after more dollars.  When the $$ price of BTC falls it is bad news for them. They are treating BTC like a stock/commodity, and most have an intention to sell (usually only a portion) for fiat.

That makes a lot of intended sales hanging over the market. This could be a very long bear market. I would guess the price needs to get low enough so that every potential seller has actually sold (fear) or is going to hodl (to 0 if needed) because the value of their holding is not enough to be worried about.

Simple Trading Psychology.
El duderino_
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December 13, 2018, 11:38:10 AM

LFC_Bitcoin
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December 13, 2018, 11:40:56 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!
Yeah, the last consistent crash was on 6 Dec. Perhaps it will stagnate for another week and then something will happen.

Let's also consider some alt prices are very low, if BTC will crash again they could worth a penny, which would be ok for a consequent and fast bull run though.

I’m holding a bag of XRP. Not really bothered about it because I have a hell of a lot more bitcoin but it’s nice to have a bit of something somewhere else. You never know if XRP went to $50-$100 each or something that’d make me a lot of money too.

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December 13, 2018, 11:43:37 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

I agree but I think we will be in this hole or lower until late 2019.  A February recovery is too early for me.  I am buying now just to hedge in case I am wrong.   
El duderino_
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December 13, 2018, 11:47:44 AM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

I agree but I think we will be in this hole or lower until late 2019.  A February recovery is too early for me.  I am buying now just to hedge in case I am wrong.   

i'm a bit curious, lets say it goes how you are saying it .... longterm that major bullish (and for you best work out road for BTC?) as in healthy etc

let say theres a recovery much sooner ... february-march-may, and a BIG BULLrun following , would you say its more bad or ?

or all the same but just another unexpected road followed by BTC?
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December 13, 2018, 11:49:05 AM
Merited by Toxic2040 (1)

I don't know if anyone here makes much use of archive.org, but I dabble around with some old 80s computers every now and again and their wayback machine is very helpful for this hobby. In particular, finding old sites that no longer exist. They also have a large collection of old computer magazines that are also a great help.

Anyway, they are looking for donations at the moment with some rich donor matching all donations, and they accept bitcoin, so I decided to send then a bit. Some of you here might be interested in doing the same.
bitmover
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December 13, 2018, 12:00:08 PM

$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

It really looks like a good opportunity to buy...
But I believe we are going down even further. I will sell some and rebuy. I just can't see my bags growing heavier if we hit 1500-2500...
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December 13, 2018, 12:04:47 PM

Price is stagnating now... you guys see still a downtrend but we are approaching the end of the year.

Difficult to predict but I sniff a pump before the 31th December.

Let’s hope so, I see more sideways with a potential for slightly lower. I think we’ll rally to over $5,000 by the end of February though.

Regardless of small price movements (and that’s what they are atm imo) ......BTFD!

thought your range was more in this direction :6245    LFC_Bitcoin

it would be better Wink



$6245 is over $5000 Wink

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

I agree but I think we will be in this hole or lower until late 2019.  A February recovery is too early for me.  I am buying now just to hedge in case I am wrong.   

i'm a bit curious, lets say it goes how you are saying it .... longterm that major bullish (and for you best work out road for BTC?) as in healthy etc

let say theres a recovery much sooner ... february-march-may, and a BIG BULLrun following , would you say its more bad or ?

or all the same but just another unexpected road followed by BTC?

I think we have gone deep enough that this could be a base for the next bull run (from a technical / charting perspective), especially if we steeply climbed back of our current hole and leveled off at $6k. 

That would be hugely bullish.  I also think it highly unlikely.  I don’t think we will see $6k again before 2020. 
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