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

[Spaceman_Spiff_Original]

Proudhon is a legend The troll of trolls, here's his song from 2013 https://www.youtube.com/watch?v=A7TuFy0fcuw

Love that song

[Arriemoller]

If you study the charts and the confirmed data you can clearly see that this marks the end of the short-term, irrational up-trend. We've resumed bitcoin's downtrend. Like I said earlier, $15k is likely unobtainable (on any time-scale). Bitcoin will never set ATHs again. Soon it'll be clear enough to everyone in the market. 2017 was bitcoin's last big move. The downtrend will hold. By 2020 $10k bitcoins will be a dream. 2021, $1k. By the end of that decade bitcoin will be a hilarious memory.

Have you ever considered getting a hat sir?

[Lambie Slayer]

That was fun but Id rather save the real pamping for after the halvening anyway.

[600watt]

If you study the charts and the confirmed data you can clearly see that this marks the end of the short-term, irrational up-trend. We've resumed bitcoin's downtrend. Like I said earlier, $15k is likely unobtainable (on any time-scale). Bitcoin will never set ATHs again. Soon it'll be clear enough to everyone in the market. 2017 was bitcoin's last big move. The downtrend will hold. By 2020 $10k bitcoins will be a dream. 2021, $1k. By the end of that decade bitcoin will be a hilarious memory.

Have you ever considered getting a hat sir?

have a merit.

[gembitz]

we bought @ 13k+ =^) reeeee

[JayJuanGee]

I'm trying my hand at trading today.  I seem to really really suck it it but you only live once.  I sent the contents of my hot wallet (~0.08BTC) to binance and set a limit order for $12,950, BTC to USDT.  I have a feeling we're going to see $13k sometime today, probably just for a blip and then suffer a small correction, maybe even below $11k.

Am I crazy or what?

Yes.  You are crazy.

[P_Shep]

I can go to sleep relaxed now.
I might have been up all night thinking, and checking for, the correction otherwise.

[Ibian]

we bought @ 13k+ =^) reeeee

Where do they shit?

That's always the biggest problem with micro-anything. Where to shit?

[HI-TEC99]

we bought @ 13k+ =^) reeeee

Where do they shit?

That's always the biggest problem with micro-anything. Where to shit?

Out of the window.

[Ibian]

we bought @ 13k+ =^) reeeee

Where do they shit?

That's always the biggest problem with micro-anything. Where to shit?

Out of the window.

A boat is easy. Just empty the tank directly into the water. Like fish do. It's fine. But imagine millions of people living in tiny things like that, just shitting wherever. Would never work.

[P_Shep]

we bought @ 13k+ =^) reeeee

Where do they shit?

That's always the biggest problem with micro-anything. Where to shit?

Well in gembitz case it's clearly their doorstep.

[jbreher]

Volatility. Nom nom.

[BitcoinNewsMagazine]

So far this has not even corrected to the 50% Fib bull market intact IMO. We all know price went up too far too fast. We have seen this before and will see it again.



Looking at the correction from a different perspective the dump was not even 23.6%.

[Searing]

we bought @ 13k+ =^) reeeee

Where do they shit?

That's always the biggest problem with micro-anything. Where to shit?

Well in gembitz case it's clearly their doorstep.

This goes to show a woman can talk a man into anything. Just think how far Bitcoin would be now if it was 90% women rather than men?

Ah....wow!

Yeah, I'd buy this.

[RCan06]

Somehow it didn't feel as bad watching Bitcoin drop from 13700 to 11800 as it does from 220 to 160.  Odd

I think we'll be ok.

[Ibian]

we bought @ 13k+ =^) reeeee

Where do they shit?

That's always the biggest problem with micro-anything. Where to shit?

Well in gembitz case it's clearly their doorstep.

This goes to show a woman can talk a man into anything. Just think how far Bitcoin would be now if it was 90% women rather than men?

Ah....wow!

Yeah, I'd buy this.

Aside from girlfriends, I have met exactly one woman in my in-person dealings. She is 60.

When they eventually do start getting in, that's when you know bitcoin is a normal thing. There is SO MUCH growth ahead of us.

[mindrust]

Somehow it didn't feel as bad watching Bitcoin drop from 13700 to 11800 as it does from 220 to 160.  Odd

I think we'll be ok.

I wouldn't give a fuck if it dropped to $3k right now in this minute. I would just go all in.

I've seen this game too many times already, I know how it goes.

[Searing]

Meh.

Easy come easy go.

I'm just wanting a little sideways time and everyone to get comfortable with the price were at.

Define: Comfortable?

Again 4/5/19 BTC was $5,050. Now it is $12,527.35. Really? Comfortable? Sideways?

I may be a HODL'er but looking back, comfortable is not the word I'd use.

I'm somewhere, I believe between ecstatic and terrified.

I alternate back and forth according to FOMO/PUMP/FUD and my own insecurities.

But historically speaking looking back at 4/5/19 $5,050

I'm anything but comfortable at sideways, a bit less terrified maybe, but not comfortable.

I suppose it could be like when BTC went form 2 bucks to 12 bucks and sideways back in the day. (I wish)

Bitcoin Price does what it does to the befuddlement of all most times.

Brad

[JayJuanGee]

hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

Your strategy to play "all scenarios" should not be dependent upon how many coins you have.

In any event, you should be able to create a sound strategy as long as you are NOT selling too many, and mostly focus on accumulation.  Once you get enough coins, then your strategy of how to sell, perhaps incrementally could become more clearly to you... but for some reason I have my doubts.. because anyone selling 50% of his stash in one point.. seems like too much of a gambler to ever really become rich.

Also, your contemplation that this could be "the last bull run" shows that your head is not in the right space.. and you likely need more edumacation in order to be straightened out, but I am tentatively thinking that you might be a lost cause... so why the fuck try to help someone who seems to be screwed up in several ways, including foundational principles?

[Ibian]

hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

Your strategy to play "all scenarios" should not be dependent upon how many coins you have.

In any event, you should be able to create a sound strategy as long as you are NOT selling too many, and mostly focus on accumulation.  Once you get enough coins, then your strategy of how to sell, perhaps incrementally could become more clearly to you... but for some reason I have my doubts.. because anyone selling 50% of his stash in one point.. seems like too much of a gambler to ever really become rich.

Yeah, no. If you have enough coins to last the rest of your life at the present moment then... that's one scenario. If you have ten fucking bucks worth then that's quite another.