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

[somac.]

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.

[1714062812]

1714062812

[1714062812]

1714062812

[1714062812]

1714062812

[LFC_Bitcoin]

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

[El duderino_]

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.

[somac.]

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

The thing is, emotions to a loss like that are always hard to overcome and very normal. You have such dreams when the price is at the highs, then it is taken from you. Everybody is a fucking genius in hindsight too and they'll let you know that as the price is going down. Fucking no coiners.

This time you were buying coins at the low though, so that is a damn good improvement. Next time you'll breeze through it, trust me.

Your advice is spot on, buy in the bear markets. That is where the big money is made.

Bitcoin does ALWAYS recover. But, you have to know that as a fact, otherwise those fucking emotions will have you. And after 12 years of studying finance, the economy, government corruption, and big business ethics. I think I finally know the facts.

[El duderino_]

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

How crazy can things go

-Feeling like a F***ing idiot cause investment falls to 150$

-Feeling like an insane F***ing idiot cause not buying a sh*tload more of it.

-Feeling an idiot @the same price for two insane other ends of the story



LFC, if we could just turn back time to that 150$ price .....

(then probably Liverpool would have Hazard, Neymar, Messi and a few more stars playing @there team cause of what I have realised or maybe they would play @ Den Bosuil in Antwerp)

My team would be the new China destination haha LoL, one can dream ...

[El duderino_]

^
Older one, but on point 

[LFC_Bitcoin]

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

How crazy can things go

-Feeling like a F***ing idiot cause investment falls to 150$

-Feeling like an insane F***ing idiot cause not buying a sh*tload more of it.

-Feeling an idiot @the same price for two insane other ends of the story



LFC, if we could just turn back time to that 150$ price .....

(then probably Liverpool would have Hazard, Neymar, Messi and a few more stars playing @there team cause of what I have realised or maybe they would play @ Den Bosuil in Antwerp)

My team would be the new China destination haha LoL, one can dream ...

Haha, mic. If I was aware of bitcoin in 2010/2011 like a few people here then I’d definitely own LFC
I’d spend my days on a massive yacht, drinking champagne, cruising through the Caribbean.

[BTCMILLIONAIRE]

Guess changing one parameter of something that already exists means inventing it.


"Craig wrote the Bitcoin White paper, designed the Bitcoin economic model, created the Satoshi Nakamoto stage name and is proving this in court. However there is no doubt by anyone that he invented Bitcoin SV. Scaling matters...read this explosion."

https://twitter.com/CalvinAyre/status/1118541778045624321

[El duderino_]

^^
Keep it @ 150$

Don't get greedy  

[El duderino_]

Could this be a OK image of r0ach and gembitzzzz and so on, from 3.1K to now 5.9K ??

Or am I missing something ?

[El duderino_]

^
HaHa good point, send my last Sm out to somac.
 

[LFC_Bitcoin]

Could this be a OK image of r0ach and gembitzzzz and so on, from 3.1K to now 5.9K ??

Or am I missing something ?

gembitz is still in his Mom’s basement, furiously masturbating to midget porn, still waiting for $2,500.

weeeeee

[ivomm]

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.

Yes, it was scary indeed. The scariest part for me was that we fell too quickly from the annoying 6.4K below my main investment point at 4.6K. I felt pretty miserable then but also courageous and immediately I started to make plans how to buy. Anyway, I didn't hesitate each time when I got some money and immediately I bought bitcoins. I increased my sub 20 stash with 2 whole coins in these 3 months. Now I have to invest all my salary for 2 years to get 2 coins at these prices. I will continue to do it, no matter the price. Unfortunately, I had to pay in the last months taxes and insurances for $1K, so I wasn't able to buy more. Today I feel also miserable but for another reason. I attended a presentation by one of my students, who was in Sao Paolo, Brazil. He said, that a typical Uviversity salary is 10 times than my professor salary in Bulgaria. And Brazil is looked upon as a poor country. I am so sad that after 20 years of work my savings are equal to 10 months work in Brazil or any other country in the world in fact. Our country is the only in the world which pays the University professors less than the workers and teachers. I can't go to another country because there are no open positions in my speciality. So my only hope is to convert what is above my monthly expenses in Bitcoins. I drew a lesson from my mistakes in 2017 and I will hold long enough to achieve my goals. On one hand I regret for my lack of nerve back then, but on the other, this made me a strong hand. It may be helpful for some so I write in short my experience.

For starters, I lost my earnings from $700 to $1000 after the crash to $700 for 3 month in the winter of 2017. For an unexperienced trader 2 months is a lot of time, and finally I decided that Bitcoin will never return and sold. After that I thought Bitfinex will go bankrupt and I didn't buy until it was $2000. Then I made some small profit (and I sold bcash for $200) which was completely annihilated by the pump from my sell point $2700 to $4800. Again, 2 months of crashes in the Summer was too long to endure for me then. Next I entered at $4600 to see the drop to $3000 but this time I holded. When the day of the fork neared I panick sold and then they cancelled it so I bought at a higher position (thanks also to Kraken, which was broken and it didn't fulfill correctly the buy order). Finally, I panicked at 12K that the futures will put an end to the bull run and sold half of it. The same day the price went to 17K. I was in shock and somehow I rebought at some drop at $14K. In short: I was good enough to predict the day of the first peak to 17K, but not the hour. The difference was some 30-40%. The lesson is only one - no matter how good is one in trading, noone is so good that ALL his trades are successful. And one bad trade can annihilate 10 successfull trades. So, I will clench teeth and hold no matter what! I have endured more than a year of horrific crashes and I am ready to endure many more years, if this is the price I have to pay for my first $1 mil. I am still in the process of making a selling plan. As a starting point is to get at least 10x profit. But some coins should be kept for 100x also. Oh, well, this is a though problem

[El duderino_]

Could this be a OK image of r0ach and gembitzzzz and so on, from 3.1K to now 5.9K ??

Or am I missing something ?

gembitz is still in his Mom’s basement, furiously masturbating to midget porn, still waiting for $2,500.

weeeeee

Most importantly .... to then say if it would have reached 2.5K, meh i'm waiting for 1.5K coins....

The idiocy of those peoples!

[LFC_Bitcoin]

Could this be a OK image of r0ach and gembitzzzz and so on, from 3.1K to now 5.9K ??

Or am I missing something ?

gembitz is still in his Mom’s basement, furiously masturbating to midget porn, still waiting for $2,500.

weeeeee

Most importantly .... to then say if it would have reached 2.5K, meh i'm waiting for 1.5K coins....

The idiocy of those peoples!

Yeah some people don’t know an amazing opportunity when it stares them in the face.

I’ve got 0 sMerit now. Too many good posts. I owe ivom one for that post above 

[El duderino_]

^
True, and indeed sweet post ivomm, i'm out to @the moment.......

I'm out gonna do something with this day we have

Be good and BTC keep going as you do.... +6K would be a sweet taste 

[d_eddie]

you just open a single Lightning Network channel to them and it's the ONLY STORE YOU EVER SHOP AT for the rest of your life (your scenario where Lightning Network is actually useful).  Like I said, the whole channels bullshit is nothing but a vendor lock-in mechanism that would further the cause of corporate & banking monopolies.

Who's afraid of Amazon (or such) becoming a huge Lightning node? It would only be a Good Thing IMHO.

- More vendors - be it retailers or other kinds of business - would have to jump on the train. This would ignite LN adoption like few other events could.

- The advantage gained by Amazon as a retailer wouldn't be as big per se if others (every other business and their dog) jump on, but...

- You could send or receive funds to/from anyone who has their channel open with Amazon without opening a new ad-hoc channel. Connectivity and liquidity would go through the roof.

What I'm afraid would also happen as a consequence, though, is that governments would clamp on ramps in and out of the LN, at least for business activities over the radar line. LN transactions are too hard to trace and account: it's nothing like a public blockchain. So I suspect KYC/AML could become the real issue.

I guess we'll see...

[HairyMaclairy]

Who let the dogs out?

2015 Fractal continues to break apart, in a most bullish, accelerative fashion.  According to HairyOfficialTA^TM, today is October 24, 2019.  Time flies when you are having fun.  

Edit:  it is also a very significant $6k resistance point but let's ignore that, because it is not a fun fact. 

[lightfoot]

Meantime it looks like we hit 6k. I was listening to Bloomberg yesterday and they were saying shorts were very high with Bitcoin. When will we see them all implode?

[HairyMaclairy]

Meantime it looks like we hit 6k. I was listening to Bloomberg yesterday and they were saying shorts were very high with Bitcoin. When will we see them all implode?

Yes because BFX and Bitmex traders are upidstay.  We are going to explode up through $6k because day traders have an average IQ of 96.



This is the long short ratio which is at an All Time Low, meaning shorts are effectively at an All Time High.