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Question: What year will we achieve a new ATH?
2019 - 32 (28.8%)
2020 - 42 (37.8%)
2021 - 28 (25.2%)
2022 - 5 (4.5%)
2023 - 1 (0.9%)
Never - 3 (2.7%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21172695 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. (23 posts by 12 users deleted.)
LFC_Bitcoin
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April 02, 2019, 07:35:36 PM
Merited by Olegya199 (2)

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?
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April 02, 2019, 07:37:55 PM

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

What is the non Core-ian state of Layer 2 and instant payments ?

In the non-Core-ian Bitcoin space? Lots of discussions held since like two to three years ago. Several viable directions available for implementation. No current need, as the base layer is having no issues handling 100+ MB blocks (SV). We'll get to it when (if) it makes sense.

Though if you really want to take the security and usability hit of using Layer 2, there is always the option of using an exchange.
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April 02, 2019, 07:38:01 PM
Last edit: April 02, 2019, 07:51:46 PM by JayJuanGee

It is slightly upsetting that I sold a coin and a half yesterday. Still, could as easily have been a loss.

I sold around .4BTC before the price run-up, too...  the price that I got was, decent, like in the $4,300 arena, and I was not able to buy them back at a lower price before the price went shooting up... so even though there can be a bit of a regret, the price surge certainly made up for any incidental downward leveraging that I was engaged in....

Perhaps I will get a chance to buy those coins back at a lower price (which would be lower than $4,300.. though I probably would not be inclined to buy them back until getting close to $4k.. at least sub $4,100.. that is my current thinking about those .4BTC), but largely, it doesn't really matter too much to me, too much if I do or not... because if we were to get into the $5k arena, and never see $4ks again, I have no problem writing off that .4BTC and just spending the cash (or just keeping it in reserve.. whatever).  

Personally, as I posted yesterday, right before the $5,090 run up, I was thinking that there could be a decent chance for a 30% or more correction from any supra $5k run up (just did not expect such supra $5k price run up to happen in the next month or two, and then it happened in about two hours of my post.. .hahahahaha... go figure?)...

A 30% correction would be pretty fucking harsh, currently at $3,563 ($5,090 x 70%), and maybe we are going to have a bit more UP before we get our supra 30% correction..(perhaps into the $6k arena or the supra $6k arena) with current dynamics, a bit more UP seems the to be the more logical outcome before a 30% correction takes place.. .even though I would not rule anything out in bitcoinlandia.. and I have not mentally concluded that we have transitioned into a bull market yet.. even though possible transitioning matters are looking pretty damned decent at the moment.
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April 02, 2019, 07:39:42 PM

Shitttttt!

First time I checked the price in over 24 hours. DA FUCK happened WO Bros (in a good way).
I’m not done accumulating though man, I don’t want to go over 10k in the next few months Cheesy

Wait for the poor people bitcoin Cheesy

Sorry man. Don't mean to point 'hah-hah' at you, but HoneyBadger don't GAF. What have you been waiting for? Get onboard before it's too late.
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April 02, 2019, 07:41:33 PM
Merited by LFC_Bitcoin (1)

A wild guess: today is the last day to get bitcoin below $3900.

Yes.  The odds of the truth of that assertion are in the less than 25% arena.

So far so good:



Maybe the odds of going below $3,900 again became slightly better than what they were on March 25, but they have not changed by a lot.. I would not even put them above 45% and that 45% is a bit charitable.  You may end up being correct, regarding your guess, but I am not sure what that would be saying, besides you having had gotten lucky in your guess.  Do you find that valuable in how you live your life?  I certainly try to minimize gambling and guessing in how I live my life, but surely once in a while it is fun.. but that is it.. merely fun rather than something to attach much if any significance.

What are the odds of going below $3900 (again) now, @JJG? Grin



OTOH, some are REKT:

Lyft breaks below its IPO price ($72), now down over 20% from its opening day high.



Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

I don't think that we're going to have low volatility in the short term. I've got a feeling that bitcoin is in the mood of making alts super-rekt and getting an increase in overall market dominance, by first dumping again (to somewhat like ~$4400) and then pumping again (to somewhat like ~$5100).
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April 02, 2019, 07:41:42 PM
Merited by Raja_MBZ (1)

https://twitter.com/bitfinexed

Does this Twitter handle have any association with realr0ach? Roll Eyes

Hmm. No Nazi propaganda? No 'my life sucks because of da jooz'? No 'my life sucks because of da wimmunz'? I think the question answers itself.
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April 02, 2019, 07:46:16 PM

Do you think we are on the verge of transitioning from five million unique individuals moderately interested in bitcoin in particular and crypto in general on a day to day basis to fifty million individuals? If so, what time frame would you give such adoption?

I think by the mid 2020's there will be fifty million unique individuals using crypto currencies on a daily basis.

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I think we might be attacking this 200 sma line throughout the coming summer before finally breaking above it again.
D


All im sayin is that I believe there is a high probability that we will see above $10k+ within the next 23 months.
M

#stronghands'19  #dyor  #btd's
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April 02, 2019, 07:57:08 PM

Trading volume has doubled in the last 24 hours (18 billion $) with over 15% growth in bitcoin price .It seem we are finally getting out of the woods. The first signs was a few weeks back,this could well be a confirmation if we able stay afloat. Then everyone will FOMO and the dumb money starts pouring into the market. (The coming 48 hrs should tell us this is not another pump- I am positive this time it is not).
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April 02, 2019, 07:58:31 PM

It is slightly upsetting that I sold a coin and a half yesterday. Still, could as easily have been a loss.


Personally, as I posted yesterday, right before the $5,090 run up, I was thinking that there could be a decent chance for a 30% or more correction from any supra $5k run up (just did not expect such supra $5k price run up to happen in the next month or two, and then it happened in about two hours of my post.. .hahahahaha... go figure?)...



At least you didn't jinx it with your meme. Lucky guy Wink
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April 02, 2019, 07:59:11 PM
Merited by vapourminer (1)

I'm working on a theory about last night's breakout. It's not fully-fleshed as of yet, but it has something to do with the incipient release of Derek Smalls' new album.
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April 02, 2019, 08:00:59 PM
Merited by JayJuanGee (1)

Though if you really want to take the security and usability hit of using Layer 2, there is always the option of using an exchange.

Not your keys, not your coins. Keeping coins on exchanges is not an argument. What security hit ?

How does SV base layer handle instant payment verification with double spend protection - 1 block per 10 minutes ? Even Bitcoin does not do this, without Lightning.
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April 02, 2019, 08:05:01 PM
Merited by LFC_Bitcoin (1)

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?
I like this scenario of development.  
I'm always afraid I won't have time to buy as many Bitcoins as I can while the price is so low.  I am in favor of a smooth rise in the price of Bitcoin, which is useful not only for me, but also for Bitcoin himself.  
Smooth growth = a strong foundation.
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April 02, 2019, 08:07:20 PM
Merited by Majormax (1)

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

I do.

It's too soon for FOMO. We need consolidation. That's only achieved with TIME.
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April 02, 2019, 08:08:17 PM

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April 02, 2019, 08:08:59 PM
Merited by JayJuanGee (1)

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?
I like this scenario of development.  
I'm always afraid I won't have time to buy as many Bitcoins as I can while the price is so low.  I am in favor of a smooth rise in the price of Bitcoin, which is useful not only for me, but also for Bitcoin himself.  
Smooth growth = a strong foundation.

I think we all want more bitcoin’s mate. If you have 1 or 10,000 you could always have more & will at certain intervals wish you’d bought more when prices were low(er).

Best thing to do is just buy whenever you can because when we see 6 figures per bitcoin every 0.01BTC will have been a great investment Smiley
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April 02, 2019, 08:09:27 PM



I know which of those two assets I’d rather have
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April 02, 2019, 08:09:35 PM

A wild guess: today is the last day to get bitcoin below $3900.

Yes.  The odds of the truth of that assertion are in the less than 25% arena.

So far so good:



Maybe the odds of going below $3,900 again became slightly better than what they were on March 25, but they have not changed by a lot.. I would not even put them above 45% and that 45% is a bit charitable.  You may end up being correct, regarding your guess, but I am not sure what that would be saying, besides you having had gotten lucky in your guess.  Do you find that valuable in how you live your life?  I certainly try to minimize gambling and guessing in how I live my life, but surely once in a while it is fun.. but that is it.. merely fun rather than something to attach much if any significance.

What are the odds of going below $3900 (again) now, @JJG? Grin

Holy fuck.  Are you trolling me, Raja?  I largely already responded to that issue, and a lot of things change with each leg of our journey.  I am certainly no soothsayer, but merely because something happens, like you predict does not suggest that you are anything but lucky when it happens, especially if it remains a kind of 50/50 event or even 70/30... or something like that.  

I largely outlined my current thinking in my post two posts above this one, which describes some thinking that we are going up before we go down... so one seemingly decent scenario would be to go to the $6k arena first and then have a 30% plus correction, which would bring us to $4,340 (that is if we presume something like $6,200 x 70%), but then there could be a further spike down, or the BTC price might not make it to $6,200 before experiencing a 30% plus correction...  So in such a scenario, bringing BTC prices down to $4,340 could cause additional downwards spiking, and we have seen that many times in bitcoinlandia...  

And even a scenario of a $5,500 local top in this particular cycle and then a 30% plus correction would bring BTC prices below $3,900.... in the $3,850 arena... which are not unreasonable price wave scenarios...  

What are the odds of not going below $3,900 ever again... maybe we are getting close to the 50/50 arena.. perhaps?

 50% would still seem charitable based on current BTC price dynamics, in my thinking... but again, I am never claiming to be any kind of soothsayer, that is for sure.  I just assign what I believe to be conservative probabilities to various events, invest into bitcoin, accumulate bitcoin, prepare for worser scenarios, and then profit the fuck out of my BTC portfolio tending to outperform what I believe to be my largely conservative expectations... life is good.  

NO matter what we should be preparing for both up and down, if you don't want to end up being disappointed, even if your "never below $3,900 again" dart-throwing sorcery-wannabe pronouncement ends up coming true.   Cheesy Cheesy Cheesy
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April 02, 2019, 08:17:47 PM

They stole our meme!
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April 02, 2019, 08:20:53 PM

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?
I like this scenario of development.  
I'm always afraid I won't have time to buy as many Bitcoins as I can while the price is so low.  I am in favor of a smooth rise in the price of Bitcoin, which is useful not only for me, but also for Bitcoin himself.  
Smooth growth = a strong foundation.

I think we all want more bitcoin’s mate. If you have 1 or 10,000 you could always have more & will at certain intervals wish you’d bought more when prices were low(er).

Best thing to do is just buy whenever you can because when we see 6 figures per bitcoin every 0.01BTC will have been a great investment Smiley
I always buy Bitcoin for part of my salary.  But I have to say, it's much nicer to do it when I get ~0.7 BTC for that amount, not ~0.25.
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April 02, 2019, 08:21:31 PM

I think we'll retest 3900 in April
Let us retest 5K etc Grin

But I haven't finished accumulating  Undecided

then.... buy the DIP....  Cheesy

If there is one (a dip, that is)... hahahahahaha

fuck the no coiners and the fence sitters.  There were more than 4 months available for them to get their shit straight.

Let's leave their asses behind.. and they can buy in the supra $6k arena.. if they don't continue to remain "undecided and/or leaning bitcoin negative"
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