Bitcoin Forum
August 01, 2021, 08:45:56 AM *
News: Latest Bitcoin Core release: 0.21.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
Total Voters: 162

Pages: « 1 ... 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 21963 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 21974 21975 21976 21977 21978 21979 21980 21981 21982 21983 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 [21996] 21997 21998 21999 22000 22001 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 22014 22015 22016 22017 22018 22019 22020 22021 22022 22023 22024 22025 22026 22027 22028 22029 22030 22031 22032 22033 22034 22035 22036 22037 22038 22039 22040 22041 22042 22043 22044 22045 22046 ... 29237 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25376341 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. (157 posts by 13 users deleted.)
Globb0
Legendary
*
Offline Offline

Activity: 2660
Merit: 2029


Free spirit


View Profile
December 15, 2018, 12:05:58 PM

Fortunately it all looks so doom. It must be harder to trick people by dumping it lower as people are coming to expect it.

1627807556
Hero Member
*
Offline Offline

Posts: 1627807556

View Profile Personal Message (Offline)

Ignore
1627807556
Reply with quote  #2

1627807556
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bitserve
Legendary
*
Offline Offline

Activity: 1512
Merit: 1283


Self made HODLER ✓


View Profile
December 15, 2018, 12:09:45 PM

Fortunately it all looks so doom. It must be harder to trick people by dumping it lower as people are coming to expect it.



In the meantime, what we can do is prepare some good fiat stash for when/if that doom scenario happens. Buying right now, not so sure. Buying soon, most certainly.
VB1001
Legendary
*
Offline Offline

Activity: 938
Merit: 2469


<<CypherPunkCat>>


View Profile WWW
December 15, 2018, 12:13:50 PM

This night I dreamt Bitcoin had dropped to $2500. It was so convincing that's what I expected to see when I check the price. But it is $3153 so.... why are you guys complaining?

It's a $600+ pump from my dream. Everything is fine.

To sleep well and not have dreams of this type, you have to put Bitcoin in your Christmas tree, but in a discreet way.
This year if things go on like this, do not talk about BTC at home. Roll Eyes

wayna
Jr. Member
*
Offline Offline

Activity: 103
Merit: 3


View Profile
December 15, 2018, 12:21:29 PM

If we don't see a bounce, this place will soon be known as the Wailing WALL.
I can't believe some alts are so cheap, in 2017 everybody believed prices would have rised more and more... now it could be a huge opportunity to get into the market.

Although, scam coins are still present and I don't see Ethereum in good shape as it was 1 year ago.
gentlemand
Legendary
*
Offline Offline

Activity: 2576
Merit: 2964


Welt Am Draht


View Profile
December 15, 2018, 12:26:15 PM

I can't believe some alts are so cheap, in 2017 everybody believed prices would have rised more and more... now it could be a huge opportunity to get into the market.

Although, scam coins are still present and I don't see Ethereum in good shape as it was 1 year ago.

I can't believe most of them have retained the price they still have. Which says to me we still have a ways to go.
Majormax
Legendary
*
Offline Offline

Activity: 2478
Merit: 1115


View Profile WWW
December 15, 2018, 12:28:25 PM

Fortunately it all looks so doom. It must be harder to trick people by dumping it lower as people are coming to expect it.




Surprising , many still dont expect it.

This market has been easy to predict in 2018. It is not difficult to see what lies ahead, either.
wayna
Jr. Member
*
Offline Offline

Activity: 103
Merit: 3


View Profile
December 15, 2018, 12:35:18 PM

I can't believe some alts are so cheap, in 2017 everybody believed prices would have rised more and more... now it could be a huge opportunity to get into the market.

Although, scam coins are still present and I don't see Ethereum in good shape as it was 1 year ago.

I can't believe most of them have retained the price they still have. Which says to me we still have a ways to go.
It's getting tricky to understand how much it could go lower, but probably you are right. This is a huge depression.
Majormax
Legendary
*
Offline Offline

Activity: 2478
Merit: 1115


View Profile WWW
December 15, 2018, 12:37:35 PM

I can't believe some alts are so cheap, in 2017 everybody believed prices would have rised more and more... now it could be a huge opportunity to get into the market.

Although, scam coins are still present and I don't see Ethereum in good shape as it was 1 year ago.

I can't believe most of them have retained the price they still have. Which says to me we still have a ways to go.
It's getting tricky to understand how much it could go lower, but probably you are right. This is a huge depression.

Not a depression. This is a normal wave. It will remain normal if the low does not get under $1500.

The recovery will take 2-3 years.
bitserve
Legendary
*
Offline Offline

Activity: 1512
Merit: 1283


Self made HODLER ✓


View Profile
December 15, 2018, 12:48:13 PM
Merited by gentlemand (2), xhomerx10 (1), infofront (1), jojo69 (1), El duderino_ (1), HairyMaclairy (1), YourMother (1), VB1001 (1), willope (1)

I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.

How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:

- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....

- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.

- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!

- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.

- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).

I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.

This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:

- Realising you are in a clear downtrend and what to do during it.
- Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT).
- Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)...
- Lending

I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.
podyx
Legendary
*
Offline Offline

Activity: 2240
Merit: 1033



View Profile
December 15, 2018, 12:50:45 PM

What's the deal with the sharp drop in hashrate?

https://bitinfocharts.com/comparison/bitcoin-hashrate.html
Spaceman_Spiff_Original
Full Member
***
Offline Offline

Activity: 416
Merit: 219



View Profile
December 15, 2018, 12:51:07 PM

I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.

How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:

- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....

- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.

- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!

- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.

- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).

I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.

This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:

- Realising you are in a clear downtrend and what to do during it.
- Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT).
- Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)...
- Lending

I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.

nice writeup

What's the deal with the sharp drop in hashrate?
https://bitinfocharts.com/comparison/bitcoin-hashrate.html
Logic would dictate that a significant amount of mining equipment is no longer profitable to run.
ChinkyEyes
Sr. Member
****
Offline Offline

Activity: 688
Merit: 301



View Profile
December 15, 2018, 01:06:29 PM
Merited by infofront (1)

I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.

How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:

- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....

- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.

- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!

- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.

- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).

I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.

This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:

- Realising you are in a clear downtrend and what to do during it.
- Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT).
- Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)...
- Lending

I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.


Excellent post, please give him some merit I have been out of merits for months. This post is going to be a very helpful guide during a bull run.

I'd like to add that with all the nocoiners asking you for advice and talking about it more and more. During the last bull run I had the feeling bitcoin adoption suddenly had skyrocketed. Meaning that my view of adoption was completely delusional because of the sudden increase of price. Which resulted in me barely selling any coin and not having extra fiat to buy back during the bear market. The price attracts a lot of people but that's not adoption, adoption is the people who are leftover after the attraction of the price. This is how I see it.
goldkingcoiner
Sr. Member
****
Offline Offline

Activity: 1022
Merit: 439


Advisor


View Profile
December 15, 2018, 01:11:31 PM

What's the deal with the sharp drop in hashrate?

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Miners can't keep mining on these rekt prices.
Elwar
Legendary
*
Offline Offline

Activity: 3500
Merit: 2216


Viva Ut Vivas


View Profile WWW
December 15, 2018, 01:12:09 PM

Well, another night I go to sleep knowing that I will wake up to a lower bitcoin price.

We thought this was a quick band aid rip off.

Instead it's a slow bleed draining the life from us.
xhomerx10
Legendary
*
Offline Offline

Activity: 2828
Merit: 4018


Go! BTC Go!


View Profile
December 15, 2018, 01:14:55 PM
Merited by VB1001 (2)

This night I dreamt Bitcoin had dropped to $2500. It was so convincing that's what I expected to see when I check the price. But it is $3153 so.... why are you guys complaining?

It's a $600+ pump from my dream. Everything is fine.

To sleep well and not have dreams of this type, you have to put Bitcoin in your Christmas tree, but in a discreet way.
This year if things go on like this, do not talk about BTC at home. Roll Eyes



 Moar discrete

gentlemand
Legendary
*
Offline Offline

Activity: 2576
Merit: 2964


Welt Am Draht


View Profile
December 15, 2018, 01:15:48 PM
Last edit: December 15, 2018, 01:26:51 PM by gentlemand

I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

Brilliant post.

I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

If you can't bring yourself to do that then you either have the wrong price or proportion.

At the $10-15,000 level loads of people will be back in the black and it may sit there and not do much. That's a humongously more relaxing time to do to.
willope
Sr. Member
****
Offline Offline

Activity: 366
Merit: 261


View Profile
December 15, 2018, 01:26:45 PM

https://www.coindesk.com/when-theres-blood-in-the-street-why-its-not-quite-time-to-be-long-crypto
Interesting speculation article from altcoindesk.

Buttom is close, but not yet in.

kingcolex
Legendary
*
Offline Offline

Activity: 2366
Merit: 1258



View Profile
December 15, 2018, 01:38:44 PM

https://www.coindesk.com/when-theres-blood-in-the-street-why-its-not-quite-time-to-be-long-crypto
Interesting speculation article from altcoindesk.

Buttom is close, but not yet in.


I'd like to be in that bottom.
LFC_Bitcoin
Legendary
*
Online Online

Activity: 2520
Merit: 4940


One of the world's leading Bitcoin-powered casinos


View Profile
December 15, 2018, 01:43:34 PM

https://www.coindesk.com/when-theres-blood-in-the-street-why-its-not-quite-time-to-be-long-crypto
Interesting speculation article from altcoindesk.

Buttom is close, but not yet in.


I'd like to be in that bottom.

willope
Sr. Member
****
Offline Offline

Activity: 366
Merit: 261


View Profile
December 15, 2018, 01:44:44 PM

A common error of traders is that they want to catch the very bottom.
You don't NEED that. Actually, unless you're the big whale(or group) that's moving the price you probably won't manage to "catch the falling knife".
Instead of that, near the bottom there's plenty of time to think and make a good decision to buy and make a good profit with lower risk of missing out.
Pages: « 1 ... 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 21963 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 21974 21975 21976 21977 21978 21979 21980 21981 21982 21983 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 [21996] 21997 21998 21999 22000 22001 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 22014 22015 22016 22017 22018 22019 22020 22021 22022 22023 22024 22025 22026 22027 22028 22029 22030 22031 22032 22033 22034 22035 22036 22037 22038 22039 22040 22041 22042 22043 22044 22045 22046 ... 29237 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!