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

[Totscha]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

The optimist in me sees a chance of us going sideways for a while (months) before we're ready for a real reversal.

The other guy? You don't want to know what he has to say...

[El duderino_]

via Imgflip Meme Generator

Feeling sorry for that cat

[serveria.com]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

The optimist in me sees a chance of us going sideways for a while (months) before we're ready for a real reversal.

The other guy? You don't want to know what he has to say...

Optimist in me says ATH tomorrow, but let's be realistic say February 2019? 

[Cryptotourist]

Hello fellow basket cases.
I've been following this thread for a while now, but this is my first post here.

So basically I'm looking for a bottom. I like bottoms, especially curvy ones

[Phil_S]

All bottoms are behind now, in the rear-view mirror.

[Wekkel]

Keep your eyes on the facts: https://twitter.com/aarontaycc/status/1074726598702551040?s=19

"Have assessed dozens of compelling arguments, charts and ratios for BTC having already bottomed, a 3K bottom, 2.5K bottom, 1K bottom etc.

Fact is nobody knows. All I know is price is 84% lower than a year ago and fundamentals have never looked better."

Edit: some more food for thought: https://twitter.com/zaoyang/status/1074634081713971200?s=19

[HairyMaclairy]

Purple line is MA Weekly 200.  Thicker purple line is projection.



Emptying out my Bitmex account and sending to cold storage.  My work here is done.  

[Last of the V8s]

Does anyone have a copy of this?  Link appears broken and cant find it in the wild.

https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdf


There is another interesting link in this thread https://bitcointalk.org/index.php?topic=5086100.0  from Delphi Digital.

https://bit.ly/2UQBL95

https://webcache.googleusercontent.com/search?q=cache:https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdf

[Last of the V8s]

[Cryptotourist]

All bottoms are behind now, in the rear-view mirror.

Don't think so mate, I think we left one behind

That said, 85% correction from ATH is definitely a buy order.

Just wondering if I'm missing something, or if there is probable cause for the decline to move towards the 90% area - or not.

[Last of the V8s]

https://twitter.com/rothschild_jen/status/1073863980483932160

[Icygreen]

However, my own story is that I started buying at $1,200 in late 2013

You are not doing much to discredit my notion that you and Micgoossens are the dumbest money in the thread by stating that you bought at the absolute top of the last bubble, held all the way down to $200, watched the price then rise to $20k, sold zero, then watched it crater to $3k.  Yes, you are technically still in the black...by sheer luck or random coincidence.

Even dumber money sold at $500 and bought physical silver at the top in 2011. HAHAHA, r0ach has the best fails. LOL

[El duderino_]

1 F***ing small, tiny pump

and already getting messages of the n00bs, are you still in BTC, how to make an account etc

what am i gonna do

[El duderino_]

[El duderino_]

i will love the moment when we take off again and the naysayers,nocoiners that all where going to BUY @ 5000-4000-3500-3000-2500 etc
are going to be left alone again

GoGoGoGo BTCBTCBTCBTC

[El duderino_]

1 F***ing small, tiny pump
and already getting messages of the n00bs, are you still in BTC, how to make an account etc
what am i gonna do

FOMO rising ?

Excellent.

[Elwar]

We're still at accumulation prices. Nowhere close to FOMO prices yet.

This is the time when you should recommend to people you actually care about to get into Bitcoin. Not just buy but understand it. (ie...send them a link to the white paper).

When the price shoots up and you start getting e-mails from people asking if they should get into "crypto", politely point them to some videos about the Federal Reserve, Austrian economics, etc. Then if they're still interested (knowing they get it)...then show them the white paper.

[Last of the V8s]

people you actually care about

this is going to be a problem

[Cryptotourist]

i will love the moment when we take off again and the naysayers,nocoiners that all where going to BUY @ 5000-4000-3500-3000-2500 etc
are going to be left alone again
GoGoGoGo BTCBTCBTCBTC

I'm all-in in this one mate. So if you don't mind, I'm trying to get the maximum out of it.
I'm not a whale, so buying at any price isn't a thing (holding to be exact).

I truly think that during the 1st quarter of 2019 will be the best time to buy - pretty much for the whole year for that matter - as is also now.

[julian071]

Even tho I think we might go a little lower still, could not resist to buy some. It's a steal no matter what, compared to what's coming. And had some fiat to spare, so...