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

[jbreher]

I will still anticipate 2018 being a wash and look forward to a fresh start in 2019. Big things (tm) coming in 2019.

A wash? 2018 Jan 01 - $13,670. Yup, I could live with that. Seems kinda optimistic though.

[bitserve]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

[bitserve]

Christmas Quiz:
 



https://bcommassociation.com/news/bitcoin-sv-is-the-worlds-new-money-and-needs-a-new-logo-for-its-currency

I've got to say the fourth logo is awesome. The colours, the dynamic font, the obvious choice of highlighting the "Bitcoin" name.

Assholes.

[d_eddie]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

I agree with bitserve on this one.

By the way, at which time do the CME futures expire?

[RivAngE]

Hashrate is increasing.

Also the weather in Australia seems to be getting better: https://www.theguardian.com/australia-news/2018/dec/19/christmas-day-weather-forecast-to-be-warm-and-dry-across-most-of-australia
Everything is clear, it's rally time guys! Hope in!

Disclaimer: This is not an investing advice

[serveria.com]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

[cAPSLOCK]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

In the context of the time frame this is a fairly "V shaped" bounce.  

But that's a bit hopiumy I think...  I think your "B" scenario makes more sense.

[barota]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

What is the difference between 3200 and 3750 current price?Good opportunity to buy
Always
Who sold their bitcoin They have to ride again
They will not lose anything At least they will not buy at a high price (+5000usd per btc)

[BTCMILLIONAIRE]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

In the context of the time frame this is a fairly "V shaped" bounce.  

But that's a bit hopiumy I think...  I think your "B" scenario makes more sense.

When x80 short?

[infofront]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

Why buy at 3900, when I'll be able to buy at 2900 soon?

[VB1001]

Will you try again 4000, later we will see 

[serveria.com]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

Why buy at 3900, when I'll be able to buy at 2900 soon?

Why are you so sure about it? Because some "expert" or some random guy said so?

[HI-TEC99]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

Why buy at 3900, when I'll be able to buy at 2900 soon?

In 2014 they asked why buy at triple digits when you can buy at double digits soon. They're still waiting for those double digits.

On the other hand others asked why not buy at $400 because it can't go lower than that. A few months later it went down to £150.

IMO Bitcoin is as predictable as a crap shoot.

[goldkingcoiner]

Why not use full moon cycles instead?

Sounds a bit far-fetched to me.

[Ibian]

Thai thais speak better english than french thais. And probably most french in general. Their food is also much, MUCH better than the dogshit they served just now.

Also they have this big tower, a bit obscure, some of you may know it? They put up a glass wall all the way around it. You can still go up, but you have to go through airport level security with scanners and everything.

[bitserve]

Not that we are gonna complain if it never comes back to $3000. It's a win-win scenario.

[HI-TEC99]

Why not use full moon cycles instead?

Sounds a bit far-fetched to me.

Although I agree it's far fetched there's a lot of research been put into it.

https://www.tradingview.com/ideas/moonphases/

[jbreher]

Hashrate is increasing.

Yes. With the increase in price, marginal miners return to profitability. As it was ordained in the beginning.

[goldkingcoiner]

Why did you have to put that stupid poll up? I am starting to draw circles around my close position button....

Why not use full moon cycles instead?

Sounds a bit far-fetched to me.

Although I agree it's far fetched there's a lot of research been put into it.

https://www.tradingview.com/ideas/moonphases/

Hmm.. Well thanks for telling me about it, I will look further into it.

[HI-TEC99]

Why not use full moon cycles instead?

Sounds a bit far-fetched to me.

Although I agree it's far fetched there's a lot of research been put into it.

https://www.tradingview.com/ideas/moonphases/

Hmm.. Well thanks for telling me about it, I will look further into it.

Don't bet the house on it. I only brought it up for a joke.