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

[ivomm]

I really don't understand why everyone is so bothered by the decline and theoretical losses at the moment. Yes, it is not pleasant for the hodlers, but I don't agree that we will never recover or it will take decades. Let's recall year 2017, how it started. In early January we were close to a new ATH. Then suddenly the bank of China threatened to ban bitcoin exchanges on multiple occasions. The price fell from 1100 to 700 in hours and didn't recover for 2 months. Back then over 90% of all trades were made in China exchanges. Everyone was scared what will happen (including myself). Next we got denial for ETF. Next Bitfinex stopped withdrawals if fiat and suspicions of bancruptcy was in the air. Next Ver wanted a fork (BU). Next we had a fork in August. Next, we had the final ban in China. Next another fork in November was cancelled. Next Ver and Wu sold massively bitcoins to pump bcash. In all these bad news we were about 8K! The only good news CBOE and CME futures helped to reach 20K. So, you are telling me that in 3 years we can't reach again 8K? It is not realistic even if ETF is denied for ever and CW is dumping regularly his stolen bitcoins! Bitcoin market is way more agile and fast forward 10x any other asset. The most logical thing is in Dec. 2020 (after the halvening) to be above 10K.

[somac.]

This is my best case scenario.  Purple line is 200 MA Weekly.  Under this scenario we break $6k in early 2020, maybe late 2019.  

New ATH in early 2021 is probably more than what many people would ask. Right now some people must be swearing that they are going to get out and never come back once they hit the price they bought in.   This happens to most people (happened to me in 2014, I know how it feels) especially if this is their first time investing in a high risk/volatile asset like bitcoin.

Exactly what I said to myself in 2014 after being over 50% in the red. All of a sudden we hit $19,xxx & I’m literally over 60 times my total investment........then greed took over & I sold fucking nothing.

It won’t happen during the next epic bull run, I can promise you that

I bought in after the cyprus bubble, I said to myself back then I'd cash some in at 40k. Then the Dec bubble happened that same year. After that popped, I said to myself "next bubble I will sell some then buy in again. Problem is I was calling a bubble at 1800 then 2800 the 5000 and so on, basically I can't tell the top of a bubble for shit, so I'll keep waiting for 40k. Moral of story, wait till your target is hit, because picking the top of a bubble ain't easy, and if you sell too early it's likely you'll panic buy back in.

This is my long-term stash by the way, I do have other amounts that I buy sell more frequently and also for shit coins.

[bitmover]

2% up today.
Bull run?

Lol

[luckygenough56]

in the past litecoin has often moved first then bitcoin follows later. Not very reliable but it happened.

[El duderino_]

Here is a proper chart adjusted for inflation and showing prices, seeing as Roach is too afraid to show actual numbers.  

Incidentally that's a lower high on the multi-century time frame but let's not worry too much about that.  Ain't nobody got time for that. 

Show him the HM, i know its a lost case but show him the way, cause we coiners are just good people

[wayna]

Another mild recovery, until now.

At this point I expect another bottom. It's Christmas time guys

Nice Litecoin pump, the BTC cousin will be traded more with this price!

[HairyMaclairy]

Hear that Mr V8?  We need an Xmas bottom

[Last of the V8s]

I don't do bottoms no more. I do walls.

[Last of the V8s]

in other news shitcoin mancity has temporarily flippened the real football team, probably through foul play. the 3 London-based scammers continue to suck in newbs and the unwary; and manu is a failed project with only a few Filipino bots behind it
how many points for a home win? (home thrashing?)

[HairyMaclairy]

I don't do bottoms no more. I do walls.

I can live in this new world. 

[becoin]

Expect severe short squeeze next week!

[luckygenough56]

Expect severe short squeeze next week!

When the Bart Simpson formation is complete

[Elwar]

Does anyone know when bitcointalk.org was created?

I did a whois and it shows 2011 but I remember being here in 2010.

[gentlemand]

Does anyone know when bitcointalk.org was created?

I did a whois and it shows 2011 but I remember being here in 2010.

https://bitcointalk.org/index.php?topic=5.msg28#msg28

[criptix]

Does anyone know when bitcointalk.org was created?

I did a whois and it shows 2011 but I remember being here in 2010.

Satoshis first post is dated back to 2009 nov. 22

Edit

Gentlemand beat me

[El duderino_]

Roach you may have just persuaded me to short the fuck out of physical silver.  That silver chart is completely broken.  Any rally will get crushed by sellers trying to exit their bags.  I assume that's why you are here.  Trying to flog your bags of shit coins. 

Do people with any significant holdings actually hold physical silver? Or is it just paper-silver?

Some cutlery and shit where its usefull for

[VB1001]

Does anyone know when bitcointalk.org was created?

I did a whois and it shows 2011 but I remember being here in 2010.

in archive.org 5 / Jan / 2011 https://web.archive.org/web/*/bitcointalk.org

[bitcoinminer42]

how about that falling wedge and theory of RSI divergence?

i love my hat... where to get an original one?

[d_eddie]

Still can't get out of BTC. If the short squeeze really comes about, maybe I can relieve my long a bit before cashing out and come off a little better. Still wait and see mode: a few stops set, but they will need some babysitting.

I'm talking about my play money only, of course. The stash is in the freezer.

[VB1001]

Does anyone know when bitcointalk.org was created?

I did a whois and it shows 2011 but I remember being here in 2010.

https://bitcointalk.org/index.php?topic=5.msg28#msg28

This is the first bitcointalk thread?