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

[bones261]

What'd I tell you guys. These next few days will be the last time anyone will ever sell bitcoin above $10,000.

Edit: Confirmed

Please do sing it for us.   

https://www.youtube.com/watch?v=A7TuFy0fcuw

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[proudhon]

You won't enjoy it

[HairyMaclairy]

In WO there are 2 groups:

WO stronghats and weakhands.

Where do you think to put me?

Gonna put you in the corner with Mayor.

O.k... this might work to get mayor to come out.

This is how to do it:  Both of you count to 100 before you come out, and come out together.  


 

I’ll start.

1

[HairyMaclairy]

You won't enjoy it

Can I ask you a personal question?

[FrodoBagHolder]

Sub $10k incoming?

It's bouncing off $10.6k somewhat admirably.  For now..

[realr0ach]

You won't enjoy it

Can I ask you a personal question?

Ask him if he knows if the real 'Proudhon' was simply a useful idiot or puppet of the Jews.  "Anarchy" doesn't exist except as a very brief, transitory state.  It's a power vacuum that is instantly filled by a strongman.  In this manner, anarchy is not a real philosophy, but only a war tactic to destabilize another civilization:

"6. Political freedom is an idea but not a fact. This idea one must know how to apply whenever it appears necessary with this bait of an idea to attract the masses of the people to one's party for the purpose of crushing another who is in authority. This task is rendered easier if the opponent has himself been infected with the idea of freedom, SO-CALLED LIBERALISM, and, for the sake of an idea, is willing to yield some of his power. It is precisely here that the triumph of our theory appears; the slackened reins of government are immediately, by the law of life, caught up and gathered together by a new hand, because the blind might of the nation cannot for one single day exist without guidance, and the new authority merely fits into the place of the old already weakened by liberalism."


"14. In any State in which there is a bad organization of authority, an impersonality of laws and of the rulers who have lost their personality amid the flood of rights ever multiplying out of liberalism, I find a new right - to attack by the right of the strong, and to scatter to the winds all existing forces of order and regulation, to reconstruct all institutions and to become the sovereign lord of those who have left to us the rights of their power by laying them down voluntarily in their liberalism."

[HairyMaclairy]

Lots of pathetic panicking in here today, man the fuck up guys. We were at 3k not too lomg ago, we’re still on track to hit massive highs after the halving.

Pull yourselves together HODLERS, this is nothing we haven’t seen many, many times before.

I don’t see anyone panicking ?

[LoyceV]

Loyce get yourself a serious HAT avatar

Does this bring back memories?


Sorry, I sold my soul rented out my avatar The price of wearing a hat is just too high now

[serveria.com]

Masterluc's still got it: https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

Muahaha had a good laugh   $1500-$3000 oh yeah c'mon

[bones261]

You won't enjoy it

Try me. Serenade my inner bear.  

[xhomerx10]

What'd I tell you guys. These next few days will be the last time anyone will ever sell bitcoin above $10,000.

Edit: Confirmed

I agree. Nobody will ever sell bitcoin after the next few days.

Convert and spend. Do not sell.

 Elwar!!  Welcome back.

[HairyMaclairy]

https://twitter.com/peterlbrandt/status/1144257807560126464?s=21

[Wekkel]

Masterluc's still got it: https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

Muahaha had a good laugh   $1500-$3000 oh yeah c'mon

We hit $3,250 last spring.

Are you digging the X-axis?

[LFC_Bitcoin]

We should definitely listen to proudhon’s price predictions.

Jokes on you, I already sold all my bitcoins at the top of the June 2011 bubble because it was obvious even then that this whole thing would totally fall apart once china completely bans bitcoin, as we now know it has from numerous legit sources.  

You and I both know that even people who bought above $50 are in trouble, if they don't act soon.

Bitcoin probably won't hit $1000 again because of sources.

Wait a minute, just wait a goddam minute, I think I'm getting some bad news from sources...

Will you let us all know when it's time to get back in so that our bitcoin positions don't get smaller, or is this THE last chance to get out before the end of bitcoin?  Please advise, thank you.

I'm just posting what everyone else has been posting around here for the past 48 hours, just in a more coherent form so that everyone can clearly see the proof and sensibly understand why they should sell all of the their bitcoins now.

Exactly!  This will at least push the price to standard deviated trend line based on the failed exponential growth curve.  That means the price should fall to around $100 in the short medium term optimistic bear case, but will probably go lower in the fourth quarter of bitcoin's fiscal year.

By 2015, the price might, and I say "might", stabilize in the healthy zone (can't provide a chart right now), which is between $1 and $2.  This, of course, assumes a conservative bullish bear case, so we could see much worse.  

By 2016, no bitcoin anymore, and this can be seen in some of the latest confirmed bad news sources, mostly in Chinese and Russian (See Peter R's recent reporting).

All this leads to an inevitable conclusion:  EVERYONE MUST SHOTR BITCOIN at the highest margin levels.  

The price will hit $5,000 again in 2018, and even approach $1,000. In 2019 the price will go below $1,000 on its way to complete collapse and failure. 2020 bitcoin will be done. Facts.

I’m sure there are more quotes but to conclude - What a fucking loser.

[Elwar]

What'd I tell you guys. These next few days will be the last time anyone will ever sell bitcoin above $10,000.

Edit: Confirmed

I agree. Nobody will ever sell bitcoin after the next few days.

Convert and spend. Do not sell.

 Elwar!!  Welcome back.

[VanguardVale]

The size and the speed of the rally was unsustainable and the size and the speed of the correction was even worse. But what something like that just does is it shakes out the weak hands and reminds people that there's risk. This is a healthy movement in something that's gone as far as it is. This is what has to happen. I think it could easily gather itself above the $10,000 level and resume what it was doing before.

[HairyMaclairy]

Welcome back dude

[JayJuanGee]

Everyone and their mother's mother heard about bitcoin by now, so this is curious.

You are likely WRONG about your speculation that everyone knows about bitcoin.  If everyone knows about bitcoin we would have more than1% world-wide adoption.

Everyone has heard of Enron but not everyone owns Enron stock.

Yes.. I recognize the point that you could be making, possibly, to the extent that you are capable of making any kind of half-way decent point from time to time in a random kind of way.   

So, yeah, part of my point is that if you really learn about the bitcoin matter beyond superficials and beyond the acceptance of the misinformation of PM pumpers, like yourself, the vast majority of peeps should come to a recognition that if bitcoin is even half of what it claims to be, then bitcoin is a crazy-ass asymmetrical bet that is much beyond the investment opportunities that historically had been available to regular people.

So, normies do not have to go apeshit into BTC, but instead taking at least a 1% investment while spending sometime trying to better understand bitcoin.

It seems that I already made those kinds of points already, but the essence of the reality of the matter is that an overwhelming majority of people do not really know bitcoin beyond having had heard the name, so anyone making suggestions, including your butt buddy Traxo, that everyone knows about bitcoin is engaging in a kind of exaggeration that is not even close to our actual facts on the ground situation.

Yeah, those of us in this thread are in a bit of an echo chamber on this thread with a decently informed group of people, but if we really step into the real world and really attempt to measure their knowledge about bitcoin, those who have decent bitcoin knowledge are generally far between... and those with decent knowledge have decent odds of at least owning a bit of bitcoin, rather than adopting a dumbass and ultimately wrong point of view that PMs are superior to bitcoin.. In that regard, to the extent that you are being genuine with us (and you are dumb enough) about not owning bitcoin, you (roach and traxo) are a kind of unicorn rather than the "majority" that you wish to be.   


 

[serveria.com]

We hit $3,250 last spring.

So fucking what? Why does it mean we'll have to revisit it again?

[HairyMaclairy]

Tend to agree with JJG. 

Pretty well everyone I know has heard of bitcoin.  The invariable offhand comment is “I don’t understand bitcoin”.  Socially most of the time it is not the right time or place to try to address the comment.