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

[JayJuanGee]

F*** just realizing i'm maybe a true master my pricePOLL = 10,500-10,999

Only participate on the first two days Wooooooooow gogogo Micg

I hope I’m wrong

My vote is the same as yours, and almost always I am wrong, but this time, it looks like my odds could be pretty good... we have only slightly more than 24 hours before this one is confirmed, right?

Actually, I kind of agree with you in regards for a preference for UP, yet I just cannot get over NOT letting my preferences get in the way of what seems to be more likely which is that we have, at least, a bit more down from here in the short term.. even though we might have both up and down, so who knows if the upper $9ks will play out in about the next 24 critical ^tm hours?

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[gentlemand]

We hit $3,250 last spring.

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

You're misinterpretatising.

He predicted it. Then it happened. The chart was published December 2nd 2018.

[JayJuanGee]

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.
Bitcoin Needs To Hold To Head Higher

You have provided us with a number of quotes from articles, VangguardVale.  Do you have any thought of your own about the articles you are linking and quoting?  Would be good if you would provide some of your own words too, rather than just citing the text from various articles..

I am assuming that you agree with the contents of those articles, largely.

[JayJuanGee]

We hit $3,250 last spring.

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

Maybe Wekkel has been imbibing too many of the juices of Tone Vays and Tyler Jenks and filling himself up with bearish hyperwave hopium?


 

We hit $3,250 last spring.

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

You're misinterpretatising.

He predicted it. Then it happened. The chart was published December 2nd 2018.

Correction / clarification of gentlemand, observed.   

[proudhon]

You won't enjoy it

Can I ask you a personal question?

Sure, go for it.

[yefi]

Sure, go for it.

How do you shave your llama sack?

[xhomerx10]

You won't enjoy it

Can I ask you a personal question?

Sure, go for it.

 

Well played.  I keep toying with the idea of getting back into trading, but I worry that I'll be sloppy because I was able to so easily collect so many coins in the fall from $32 to $2.  In a sense, that sloppiness is why I lost 150-170 coins in Bitcoinica.  It didn't feel like I was risking anything, but I don't want to fall into that trap again, which is why I moved everything offline for a while.

buy sell hold

good move

In the days of the run-up to $15.xx I was convinced a crash was coming and wanted to move everything to MtGox to take advantage of it, but (1) all my coins were offline without any digital copies, and (2) I was out of town and had no way to access my paper wallets.  That's the trade-off I consciously made, of course.  And there's no way to know that if I hadn't done that I wouldn't have lost a bunch in trading throughout the year.  But my certainty of the impending crash this go around has me feeling a measure of regret in getting so protective.

 You funny.

[RejectedBanana]

We should definitely listen to proudhon’s price predictions.

...

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

Proudhon is the best contrarian indicator WO has.

When Proudhon's around, we're in good hands.

Proudhon is the Colbert of Bitcoin.

Satire at its finest.

Confirmed.

[RejectedBanana]

Sure, go for it.

How do you shave your llama sack?

Probably like this.

https://movieweb.com/exclusive-video-new-dirty-jobs-sheep-castrator-clip/

Not for squeamish, haha. Dirty job but someone's gotta do it!

[El duderino_]

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.

Hit 5-dig
Back awake again?

[El duderino_]

OT

Brightburn was awesome !!!!!!

[P_Shep]

We should definitely listen to proudhon’s price predictions.

...

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

Proudhon is the best contrarian indicator WO has.

When Proudhon's around, we're in good hands.

Proudhon is the Colbert of Bitcoin.

Satire at its finest.

Confirmed.

Confirmed.

[Traxo]

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 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.

Do not put words in my mouth which I never spoke.  

I actually specifically said "heard about" it - as in heard the term "bitcoin".

Everyone heard about bitcoin by now.
"heard about" or "know about"?

I haven't met anyone since 2017 who hasn't heard about something called "bitcoin".
And mostly they know it's some type of a currency.

[xhomerx10]

OT

Brightburn was awesome !!!!!!

 Surprise ending

[dyask]

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

It's an idiot scam chart.  The price of Bitcoin cannot go to $225,000 with cost of production at $3-6k.  NOBODY would buy a coin from you for $200,000 when they can simply mine one for $3-6k instead.  And Bitcoin mining can't increase by something like an order of magnitude to buffer that cost of production or it would use more power than the entire United States.  As I said before, the Bitcoin pump and dump scam is butting up against the limits of the natural world.  The fact that it's ramming up against the limits of the natural world and mining can't really even expand significantly more should tell you how insane of a bubble it already is.

That is the lamest argument!  
1) Production cost of BTC is always changing and mostly climbing up.    When BTC is $225,000 the cost of producing it will much much higher than $3000 to $6000 USD.  
2) The current cost is in the $3000 to $4000 range but BTC is trading at over $10000.   Why do people trade it when they could mine it so much cheaper?  

[dyask]

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 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.

Do not put words in my mouth which I never spoke.  

I actually specifically said "heard about" it - as in heard the term "bitcoin".

Everyone heard about bitcoin by now.
"heard about" or "know about"?

I haven't met anyone since 2017 who hasn't heard about something called "bitcoin".
And mostly they know it's some type of a currency.

In Japan at least, there have been plenty of front page news stories about Bitcoin.   I bet almost no one here knows about Enron.   

[Traxo]

In Japan at least, there have been plenty of front page news stories about Bitcoin.   I bet almost no one here knows about Enron.  

I never mentioned Enron, r0ach did.
In fact, he could said "silver" there, instead of "Enron", lol.

[dyask]

In Japan at least, there have been plenty of front page news stories about Bitcoin.   I bet almost no one here knows about Enron.  

I never mentioned Enron, r0ach did.
In fact, he could said "silver" there, instead of "Enron", lol.

Sorry it is still early morning for me!   I better get some coffee and check the price of BTC.

[realr0ach]

Tend to agree with JJG.  

My vote is the same as yours, and almost always I am wrong

Why can I not give negative merits.

[proudhon]

Sure, go for it.

How do you shave your llama sack?

Carefully and using a procedure I learnt from confirmed sources.