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

[infofront]

Ok. I sold a bunch of BTC in early 2013 for like $35

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[Hueristic]

Anybody have a slight feeling we’re pumping too much, too fast? I think we’ll touch $10,000 but it wouldn’t surprise me if we corrected to $7,500 ish.

Yes but I think more like around 8700. It has to be go down. Then a few weeks later we go easy through 10k. Just like 9k took some time. Pure speculation. I am hodling. So this is no advice to sell. It could also go to 15k and never come back.

The "it has to pull back" line of thinking is why so many people missed out on cheap coins this year. Tone Vays and his followers are still waiting for $1,000.

HAHa, too many pages to catch up on today!

Don't wanna miss gems like this!

[Searing]

Ok. I sold a bunch of BTC in early 2013 for like $35

Yeah, I may 'crack' again when it hits the ATH. I was pretty good at watching and HODL'ing 'mostly' all the way down to 3.2k BTC (Ack!)

But it took a 'lot out of my mental state' to say the least!

I could crack like a walnut at the ATH, if it happens again or beyond, just due to the 'trauma' and the 'possibility' of another major dump at that point.

I may dump 10% just to keep my sanity.

I May not be the HODL'er I once was but may be as good once, in selling some, as I ever was! (I'm such a wit!)

Just saying, I'd have to 'simply' deal with the cash in hand as a compensation (insurance) to avoid such trauma again. (yes, I am that wimpy!)

HODL'ing 'scar tissue' is a consideration.

Brad

[lightfoot]

Ok. I sold a bunch of BTC in early 2013 for like $35

Don't worry about it. I bought a few pizzas for bitcoin way back when, some towels from overstock, two phones for a btc, and of course a couple ounces of absolutely worthless gold. And the Porsche, but that one's ok.

Things happen.

[IntroVert]

Ok. I sold a bunch of BTC in early 2013 for like $35

Don't worry about it. I bought a few pizzas for bitcoin way back when, some towels from overstock, two phones for a btc, and of course a couple ounces of absolutely worthless gold. And the Porsche, but that one's ok.

Things happen.

Miners man, only miners for me... Need to branch out a bit

[Hueristic]

Ok. I sold a bunch of BTC in early 2013 for like $35

Don't worry about it. I bought a few pizzas for bitcoin way back when, some towels from overstock, two phones for a btc, and of course a couple ounces of absolutely worthless gold. And the Porsche, but that one's ok.

Things happen.

LOL, you get my last.

Gnight all

[mindrust]

A lot of stuff happened while I was sleeping it seems.  

I am leaving this here:

https://twitter.com/filbfilb/status/1139553128376877057

A sudden jump to $11k might be on its way right now. (...says filb filb)

The guy is a legend. Filbfilb masterrace. Maaterluc lost his mojo he is a common tradingview slut now.

The price might not hit $11k with this pump (yet) but there is an upwards leg happened indeed.

As I live and breath...

Fiiiilb filb!

The man.

The myth.

The legend.

Don't tell me I didn't warn ya.

The guy knows his shit. I guess I trust him more than my father now.

[Old Geek]

This is the perfect time to hear everyone's regrettable sells.

In the dumbshit column: I bought a monthly subscription to some worthless shite for the sum of .025 btc at $313.30 in Nov. 2013. Was in regrets when it went to $1000 on MtGox later in the month. So, .025 x 12 = 0.30 btc or $93.99. Now, however = ~$3,174.00

Sheesh!

[mindrust]

We are now getting deep into the bull according to both filbfilb charts:


https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
https://www.tradingview.com/chart/BLX/LGfs4PUa-Bitcoin-A-Long-Tern-Market-Analysis/

Looks like "A" is happening.

The top will be somewhere in between $50k and 80100k. $50k is for safe exits, $80k is for risk takers. $100k for mad men.   (can go as high as $100k with hype)

[olseh]

I bought a BlackArrow X1 miner for some silly amount of BTC. At least I got it (eventually) but man what a waste. Lost 2 BTC on Gox as well but hey, those early lessons served me well.

1) No pre-orders

and

2) Not your keys, not your coin

[infofront]

A lot of stuff happened while I was sleeping it seems.  

I am leaving this here:

[img width=2

00]https://pbs.twimg.com/media/D9CBgZ0WkAEf__T.jpg:large[/img]
https://twitter.com/filbfilb/status/1139553128376877057

A sudden jump to $11k might be on its way right now. (...says filb filb)

The guy is a legend. Filbfilb masterrace. Maaterluc lost his mojo he is a common tradingview slut now.

The price might not hit $11k with this pump (yet) but there is an upwards leg happened indeed.

As I live and breath...

Fiiiilb filb!

The man.

The myth.

The legend.

Don't tell me I didn't warn ya.

The guy knows his shit. I guess I trust him more than my father now.

I agree. He's become my favorite analyst over the last year of so. Well, maybe tied with PlanB.  And of course he called the $20K top way before it happened, and called a ~$3K bottom well in advance too.

Hopefully filbfilb updates his logarithmic regression chart soon.

[AlcoHoDL]

☺$10,000+☺

To the Moon and BTCeyond!

It's about time you unleashed that one!

Yeah... Was looking fwd to it!

Next challenge: $100k!

[jojo69]

ahhhh, finally a little breather

hoooooooooooo

walk around the room, stretch a little

[asu]

A brief history of Bitcoin in 2017:

$8,000 - $10,000: 11 days
$10,000 - $12,000: 7 days
$12,000 - $14,000: 1 day
$14,000 - $16,000: 1 day
$16,000 - $18,000: 8 days

https://twitter.com/rhythmtrader/status/1141388608894640128

$10k-$20k took only 17days

[deepcolderwallet]

As for upside on digital shitcoins, as I've said a million times already, you cannot rig the price of Bitcoin to like $60k while cost of production is $3-6k.  People would never buy the $60k coins when they can just mine it for 1/10th the price.  

so.. the average person, who can barely run a computer, will buy asic(s), join a pool and setup a wallet (as many exchanges dont like miners paying direct to them, but maybe thats changed), and send the pool payouts to maybe an online wallet, maybe a hardware wallet, whatever. then send to an exchange.

and take the time to figure all that out from scratch (and probably make mistakes or get burned in the process) just to acquire some btc. when they can just join an exchange and buy it right now (yes at a premium vs a miners cost), no fuss no bother. quick and easy.

so yes many people will pay more, possibly a lot more, than the mining cost to acquire btc. after all they will still profit if the price goes up. miners will make more (at the time and expense of acquiring, setting up and maintaining asics and pools) but profit is profit.

Do you raise cattle and slaughter them for your family subsistence or do you just buy meat at the supermarket paying the chain costs and a premium?

[ivomm]

OMFG! I just woke up and saw the peak of 10915! Last night just before I went to bed, there was an epic wall battle on the good old finex. While stamp bid book was dangerously empty and the price started to plummet, a 600-ish BTC wall appeared on 9900 at finex. It was eaten by 100's pretty quickly. On stamp it was 9850-ish. Then another wall was put of 900 BTC. It was eaten in minutes. And then another 900 wall that started to be eaten by 100's and 200's sells, but after each sell it was replenished. This was the most epic fight to watch! I knew when I woke up there will be a pleasant surprise. But shooting to nearly 11K is beyond my expectations!  Go BTC, go!

[HairyMaclairy]

Welcome back $10,000.  We missed you.

[Biodom]

A brief history of Bitcoin in 2017:

$8,000 - $10,000: 11 days
$10,000 - $12,000: 7 days
$12,000 - $14,000: 1 day
$14,000 - $16,000: 1 day
$16,000 - $18,000: 8 days

https://twitter.com/rhythmtrader/status/1141388608894640128

$10k-$20k took only 17days

By comparison, in 2019

$8000 - $10000: 38 days (I like the fact that we are going fast, but so far slower than in 2017)
$10000 -$12000: ?

[Wekkel]

I just had to post this 

[infofront]

https://twitter.com/PeterLBrandt/status/1142271065936187392