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Question: How would you classify yourself right now? (credit: VB1001)
Hodler - 109 (77.9%)
Trader - 11 (7.9%)
Bull - 10 (7.1%)
Weak Hands - 10 (7.1%)
Total Voters: 140

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21451539 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. (135 posts by 29 users deleted.)
prophetx
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May 07, 2019, 05:26:43 AM

Nice, ethereums pumping hard to.


Who, here, besides you, and a few troll/shills gives any shits about that crap?

plenty of people
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prophetx
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May 07, 2019, 05:29:38 AM

did some analysis and found that we could be heading to 14k by end of year, higher if things go out of control



Lauda
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May 07, 2019, 05:32:09 AM

Nice, ethereums pumping hard to.
Who, here, besides you, and a few troll/shills gives any shits about that crap?
plenty of stupid people
FTFY. ETH is a horribly designed and very inefficient smart-contract platform. Unlike Bitcoin, it actually will have many better competitors as soon as it switches to POS. Don't shill that garbage.

Bitcoin Developer Publishes Two Proposals for a Taproot Soft Fork

https://cointelegraph.com/news/bitcoin-developer-publishes-two-proposals-for-a-taproot-soft-fork/amp

Good morning WO,s
Lambie Slayer
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May 07, 2019, 05:38:20 AM

7k tonight? Cheesy

Looks like you be in a process to rejuvenate some optimism, here?

We had witnessed a few hairy days, in which you had revealed some kinks in your BTCxxx BTCxxx armor.... hahahahahahaha

 Cheesy Cheesy Cheesy

Please sir, never a kink. Just thought the Baby Bull would have a healthy correction to 4200. Still think something of the sort is in the cards, but why not hit 7k first  Cheesy as the Bitfinex troubles keep pumping the price. Only a baby for 2 more days, May 8 is coming Grin

https://www.coindesk.com/judge-asks-nyag-to-narrow-scope-of-amorphous-bitfinex-document-request?utm_source=dlvr.it&utm_medium=twitter

Not a good day in court for Bitfinex they were denied their motion to vacate even though they had solid arguments. Kangaroo court appears to rule the day. I suspect we keep pumping hard as bulls are taking advantage of desperate customers paying a premium to pull out their Bitcoin, then when everyone who really wants out is out, we correct. No way in hell is this Bull market ending rn though. This party will last years imo.
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May 07, 2019, 05:39:26 AM

-snip-
 we could be heading to 14k by end of year, higher if things go out of control

-snip-
FTFY. Don't shill that garbage.




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May 07, 2019, 05:46:27 AM

  Huh at the airport now...
Cryptotourist
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May 07, 2019, 05:58:03 AM

Man, LED light bulbs really suck.  ~ ranting about LED ~

Proof of psychosis? Nah. Shocked

dick less virgin r0ach,
instead of hodling for moon,
shorted bitcoin too soon.

he then ate one tart,
which made him go full retard,
poor wall observer.
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May 07, 2019, 05:58:50 AM

Howdy?
$5962 observed.
Waiting for crossing $6k. Capitulation bros will join again  Cheesy

Nice, ethereums pumping hard to.
Title- BTC/USD
What the heck is ETH here?
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May 07, 2019, 06:35:22 AM

7k tonight? Cheesy

Looks like you be in a process to rejuvenate some optimism, here?

We had witnessed a few hairy days, in which you had revealed some kinks in your BTCxxx BTCxxx armor.... hahahahahahaha

 Cheesy Cheesy Cheesy

Please sir, never a kink. Just thought the Baby Bull would have a healthy correction to 4200. Still think something of the sort is in the cards, but why not hit 7k first  Cheesy

Fair enough.  A large number of us regular monitors of the BTC price dynamics recognize that 30% or more price corrections can happen at any time, and also can happen when we don't really expect them to happen. 

One price dynamic that we BTC HODLers have going in our favor have been a kind of slow upwards movement in BTC's price in the past 5 weeks or so. Of course, there have been a few spurt upwards, but there have also been several baby corrections of 10% or more that allow more fueling for upwards... allowing the buy support to catch up with the price as it goes along.  In other words, the near inevitable corrections of 30% or more can be staved off through more gradual upwards price moves that contain smaller levels of correction and seeming stagnation along the way.  In that regard, whether we get to $7k first or even $10k first, none of those upwards price moves are beyond BTC.... especially if she thereafter engages in a kind of blow-off (UPWARDS) mini-top... that can sometimes cause a near doubling of price in a matter of days or a few weeks.



as the Bitfinex troubles keep pumping the price.

Personally, I understand that Bitfinex dynamics plays some role in current BTC price dynamics, yet BTC is no one trick pony, so I find it quite problematic when any poster (whether bear, bull or otherwise), gets caught up on narrow explanations for what causes BTC's price to move.

Only a baby for 2 more days, May 8 is coming Grin

You can describe matters however you want, yet bitcoin market status remains a function of both time and price dynamics, and no one thing is going to cause any kind of definite label - no matter how much you become focused on repeating that kind of message.

It seems that a few days back, I have already conceded that my delay indicator status has already transitioned from "bear" to "bull" market status.... So, my current numbers are not exactly strong, but I am at least in the 51% to 52% arena that the bottom is "in".. which contrast with my position from a few weeks ago that put those numbers in the sub 50% arena.. which even if we go flat for a while, it seems that we have spent enough time above certain ballpark BTC price thresholds that are in my mind in order to transition probabilities that the bottom is more likely "in" than not.


https://www.coindesk.com/judge-asks-nyag-to-narrow-scope-of-amorphous-bitfinex-document-request?utm_source=dlvr.it&utm_medium=twitter

Not a good day in court for Bitfinex they were denied their motion to vacate even though they had solid arguments. Kangaroo court appears to rule the day.

You have made a decent assessment, there, and I suspect that you are correct that we cannot always expect justice to win the day - even when decent factual presentations and arguments were presented by Bitfinex.

I suspect we keep pumping hard as bulls are taking advantage of desperate customers paying a premium to pull out their Bitcoin

I doubt that bitfinex customers are as desperate as you are making them out to be.  Of course, certain ongoing negative news events can cause them to panic more regarding whether bitfinex is going to be able to get out of this particular pickle while not overly prejudicing their customers along the way.

, then when everyone who really wants out is out, we correct.

Again, you seem to be attempting to hang your hat (perhaps the one that you are not wearing?), on single theory explanations, and as I already mentioned, a lot of us already know that corrections can come at any time and for a variety of reasons, including that buy support is no longer sufficiently supported (which can cause a change in the momentum and price direction).. that could happen in this sub-$6k price territory, or around $10k or at any point in between, and not necessarily some one factor cause.. even if news media sometimes tries to engage in that kind of bullshit explanations about why BTC's price is moving UP or DOWN in the short term...

No way in hell is this Bull market ending rn though. This party will last years imo.

Of course, one main thing that mainstream media tends to miss remains bitcoin's strong underlying fundamentals.. which many longer term HODLers come around to appreciating that aspect of bitcoin.
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May 07, 2019, 06:43:59 AM
Last edit: May 07, 2019, 07:32:23 AM by mindrust
Merited by micgoossens (1), MrFreeRoMan (1)

Alright, it is done.

Blew my last ammo ($$500$600) on btc from $5.9k smth. The failing lira fucked me up a bit. Not gonna buy any more coins this month because I won't be having any new money.

Let's re-check the plan:

If it goes down below $5k, will buy the dip.
If goes <$4k buy x2 of the dip.
If it stays side ways or climbs, buy. (With new money, $1k-2k/month)
If Turkey's CB goes insolvent, buy the whole damn thing.

edit: wew with the recent buy I made, I almost got the sixth piece of my collection. (not pure though, contaminated with shitcoins  Grin)
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May 07, 2019, 06:47:08 AM

Ron Paul likes Tulsi Gabbard
https://www.youtube.com/watch?v=o4OFm4Q93U4
micgoossens
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This is fine ;D


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May 07, 2019, 07:05:42 AM

  Huh at the airport now...

Have a safe flight and Lets hope you land while we are +6K Cheesy

Today was a Wake up ....

Good morning members of the great WO, curious where we going
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May 07, 2019, 07:16:42 AM

did some analysis and found that we could be heading to 14k by end of year, higher if things go out of control





Let’s not get ahead of ourselves now
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May 07, 2019, 07:29:07 AM

Our old sleepy friend 6400 is not too far way now. I wonder if we could visit and say hi...
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May 07, 2019, 08:38:41 AM

Our old sleepy friend 6400 is not too far way now. I wonder if we could visit and say hi...
Break that $6,000 first before we visit the $6,400. Just relax, we can go there  Cheesy
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May 07, 2019, 08:53:22 AM
Merited by mindrust (1)

Falling below $6,000 last year was where it all started to go wrong last year. The price dropped at an alarming rate after we breached $6,000.

November 5th 2018 - $6,398
December 15th 2018 - $3,179

I don’t know about anybody else but that was a pretty fucking scary time for me. Breaking $6,000 would represent great progress & a sign for me that the bear market has long been left behind & we enter a new, baby bull market.

Enjoy gentlemen, this is going to be a very exciting run over the next year or two & I’m honoured to be on this train with you all.
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May 07, 2019, 09:32:19 AM
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me with my Dog something like same waiting for pump next level.

I have this thing against most humans...pretentious dog'owners' especially..   This human seems ok however..its letting you drool on their arm.

+1 WOsMerit  

Thanks Some people do not like me because I love dogs, But I do not love all dogs  Smiley I love them only, I can control them I think a good dog can make a lot of work easier.
Love Dog.

Dogs are the best people.



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May 07, 2019, 09:52:39 AM
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Alright, it is done.

Blew my last ammo ($$500$600) on btc from $5.9k smth. The failing lira fucked me up a bit. Not gonna buy any more coins this month because I won't be having any new money.

Let's re-check the plan:

If it goes down below $5k, will buy the dip.
If goes <$4k buy x2 of the dip.
If it stays side ways or climbs, buy. (With new money, $1k-2k/month)
If Turkey's CB goes insolvent, buy the whole damn thing.

edit: wew with the recent buy I made, I almost got the sixth piece of my collection. (not pure though, contaminated with shitcoins  Grin)

It's a good plan and very similar to mine. If it goes below 5k I will be pumping in about 30k, just diversifying from some other assets.

But the most important is the what you call the new money. In April 2013 (when I first bought Bitcoin) to mid 2018 most of my paycheck dedicated to future savings/retirement went to a high (lol) interest savings account (big mistake). These days I only save in Bitcoin and as long as I have a paycheck that's how it is ever going to be from now on. Banks, can go get fucked.

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May 07, 2019, 10:06:38 AM
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Falling below $6,000 last year was where it all started to go wrong last year. The price dropped at an alarming rate after we breached $6,000.

November 5th 2018 - $6,398
December 15th 2018 - $3,179

I don’t know about anybody else but that was a pretty fucking scary time for me. Breaking $6,000 would represent great progress & a sign for me that the bear market has long been left behind & we enter a new, baby bull market.

Enjoy gentlemen, this is going to be a very exciting run over the next year or two & I’m honoured to be on this train with you all.

During the 2014/15 fall down to the low digits, I felt like you with this drop to $3000. I bought some extra coins in the $600s and when I saw that price drop down to $150 it really hurt. And the months of stagnation just destroyed the soul. This time though was completely different, it still sucked, but only a very little bit, because I knew it would go up again and regain my millionaire status. The sucky part was not the paper losses (they would be back) the sucky part was that I couldn't retire this year like I hoped.

You'll cruise through the next bust with a big smile on your face, because, not only will you be retired (if you desire that), you'll know that you're going to be even richer in a few years because the bust has allowed you to buy more cheap coins.

The wait is what will suck for you that is all.
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May 07, 2019, 10:10:55 AM

Falling below $6,000 last year was where it all started to go wrong last year. The price dropped at an alarming rate after we breached $6,000.

November 5th 2018 - $6,398
December 15th 2018 - $3,179

I don’t know about anybody else but that was a pretty fucking scary time for me. Breaking $6,000 would represent great progress & a sign for me that the bear market has long been left behind & we enter a new, baby bull market.

Enjoy gentlemen, this is going to be a very exciting run over the next year or two & I’m honoured to be on this train with you all.

During the 2014/15 fall down to the low digits, I felt like you with this drop to $3000. I bought some extra coins in the $600s and when I saw that price drop down to $150 it really hurt. And the months of stagnation just destroyed the soul. This time though was completely different, it still sucked, but only a very little bit, because I knew it would go up again and regain my millionaire status. The sucky part was not the paper losses (they would be back) the sucky part was that I couldn't retire this year like I hoped.

You'll cruise through the next bust with a big smile on your face, because, not only will you be retired (if you desire that), you'll know that you're going to be even richer in a few years because the bust has allowed you to buy more cheap coins.

The wait is what will suck for you that is all.

Dude, I was around then too. I was at a massive loss on my overall investment in 2015, at $150 I felt like a fucking idiot. I should have bought MOAR then.

I guess my advice to anybody who gets in at the next cycle top is buy all the way down. Bitcoin ALWAYS recovers Smiley
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