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

[El duderino_]

I have been told 10K this weekend  could still happen ......

[1714107512]

1714107512

[1714107512]

1714107512

[El duderino_]

https://twitter.com/nondualrandy/status/1192606602756534272?s=21

^
Just Wow

[Lambie Slayer]

I have been told 10K this weekend  could still happen ......

I promise you it will and I swear its true. 

[El duderino_]

I have been told 10K this weekend  could still happen ......

I promise you it will and I swear its true. 

Quoted just for trust issues 

[Lambie Slayer]

I have been told 10K this weekend  could still happen ......

I promise you it will and I swear its true. 

Quoted just for trust issues 

Whats a little pump and dump among whale friends..

[LFC_Bitcoin]

This is just like 2015, I remember feeling that we were in quicksand. The only positive about this if it plays out the same for another 3-4 months is more time to buy.

I’d love to know what the price will be at the halving.

[El duderino_]

[El duderino_]

What an ugly morning. Bleh.

Observing $8,692

#no

[whiteboy420]

BTC/USD
Long/Short Ratio
81:18
% of supply long:short
0.15:0.034
Long Daily Charge
$85,303
Short Daily Charge
0.1794 BTC
Total Long
26,978 ($236,508,033)
Funded Longs
$155,096,116
Total Short
6,089 ($53,380,436)
Funded Shorts
4,721 BTC


www.bfxmargin.com

BTCUSD longs (  26,978 BTC ) are worth at current price  $236,508,033 - and  consuming $155,096,116 of USD margin
The difference between what they're worth and what is borrowed makes me think we have some breathing room.

[vapourminer]

Sub $9,000 again?

Fuck off!

What an ugly morning. Bleh.

Observing $8,692

great, just great. poor again.

next WO meetup will have to be at a soup kitchen or something.

[_javi_]

Another shakeout and counting..
Is there any weakhand left??

I only see big sells that cant be eaten that fast.

Yes, we were somekind of dry on volume.. but i see no reason for this 4% dump, coming out of nowhere.

This is fine.. but i dont like it.

[El duderino_]

great, just great. poor again.

next WO meetup will have to be at a soup kitchen or something.

Haha lol, garden party or a park party (wait is that poor?) cause we partially had a park part last  meeting

[JayJuanGee]

Sub $9,000 again?

Fuck off!

No worries bro.
This is going exactly like this prediction https://beincrypto.com/btc-bitcoin-price-prediction-2019-2020-5-years-updated-10-10-2019/
will go around 8500 but who cares, end of 2020 should be epic.

I don't know.

Seems to me that altcoins (aka shitcoins) have been getting too frothy, which we have to concede are attempting to latch their lil selfies onto whatever benefits that come through bitcoin, and accordingly, I can see ongoing froth that needs to get purged, especially when several of them seem to have little bounces that are higher than bitcoin.  In other words, there is some need to set straight some of the disillusionment that remains in that space.

In  the end, are they going to have another alt coin season and would such altcoin season, if it were to occur, out pace BTC in any kind of way.  Surely, seems unhealthy if such altcoin season appears to be coming before bitcoin, which seem to be part of what has been signaling to happen from time to time in recent time - which thereafter incentivizes some slapping down of the alts - and of course, bitcoin cannot completely escape from some of the effects of such slapping downs.

[jojo69]

[JayJuanGee]

This is just like 2015, I remember feeling that we were in quicksand. The only positive about this if it plays out the same for another 3-4 months is more time to buy.

I’d love to know what the price will be at the halving.

You just have to live until mid-May and then you will see and therefore know.    

Go LFC, go.


By the way, I am thinking that BTC's price in mid-May 2020 will be higher than it is today, which makes buying today a good investment, but I am not much more than 50% sure.  Maybe I am 55% sure.  I have a little more confidence that BTC prices will be higher than they are today in 3.5 years to 5 years.   I am NOT really able to predict too much beyond that, except on the positive side to say that we seem to have decently likely odds of experiencing various BTC price swings between now and 5 years from now that could range anywhere between $8,800 and $500k.  I am around 75% positive of that... maybe even a bit more confident, which is expressing certainty from me.

Buy, HODL and accumulate BTC, as much as your (this is not directed at just LFC - public thread, remember?) budget can tolerate without putting your ability to pay regular expenses in jeopardy... Play your ability to pay your regular expenses 6-18months into the future.. shorter periods if you are single and unobligated in terms of complexities and debt and longer if you have more responsibilities.

Make sure your finances are in order and then your psych is more likely to be in order (also not guaranteed (look at Bob, for example.... hahahahaaha) ).  You will thank me later (perhaps? (of course, I know that part is far from guaranteed) ).  

[realr0ach]

Doomsday.

[LFC_Bitcoin]

Bob when he checked the price this morning

[JayJuanGee]

Bob when he checked the price this morning

JayJuanGee when he saw Bob's play: "You cannot play that.  It's not even a word."

Bob's response:  "I can do whatever I want.  Especially, if it makes Rick less unhappy."

JayJuanGee: "ok." (keeps playing while grumbling mostly under his breath about how Bob is messing up the game)

xhomerx10:  Makes each of us a new hat, and doesn't say anything.

[El duderino_]

BoB and xhomerx are souls of the WO brother JJG one day you will understand 

[OROBTC]

This is just like 2015, I remember feeling that we were in quicksand. The only positive about this if it plays out the same for another 3-4 months is more time to buy.

I’d love to know what the price will be at the halving.

You just have to live until mid-May and then you will see and therefore know.    

Go LFC, go.


By the way, I am thinking that BTC's price in mid-May 2020 will be higher than it is today, which makes buying today a good investment, but I am not much more than 50% sure.  Maybe I am 55% sure.  I have a little more confidence that BTC prices will be higher than they are today in 3.5 years to 5 years.   I am NOT really able to predict too much beyond that, except on the positive side to say that we seem to have decently likely odds of experiencing various BTC price swings between now and 5 years from now that could range anywhere between $8,800 and $500k.  I am around 75% positive of that... maybe even a bit more confident, which is expressing certainty from me.

Buy, HODL and accumulate BTC, as much as your (this is not directed at just LFC - public thread, remember?) budget can tolerate without putting your ability to pay regular expenses in jeopardy... Play your ability to pay your regular expenses 6-18months into the future.. shorter periods if you are single and unobligated in terms of complexities and debt and longer if you have more responsibilities.

Make sure your finances are in order and then your psych is more likely to be in order (also not guaranteed (look at Bob, for example.... hahahahaaha) ).  You will thank me later (perhaps? (of course, I know that part is far from guaranteed) ).  

I have seen no convincing case that anyone can accurately predict future BTC prices, at least in the short to medium term.  This dump today provides more evidence of that.  I sure as hell didn't see that coming last night...

And while the S:F models may be right (if BTC does represent a big paradigm change as the poster suggested re the Netherlands last page), well that IS subject to the tremendous volatility we have all seen.

So, yeah, JJG offers excellent advice to everyone who wants moar BTC.  Take your time buying.  Be patient in HODLing.  Don't overbuy if you might need $$$ in the coming months for bills, unexpected expenses, etc.  Don't overbuy unless you are young, as those of us who are older do not have time to recover from catastrophic losses from bad timing...

Try and think the long-game.  That's what I'm doing.