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Question: How low will we go before we see $10K again?
<$8,000 - 27 (38%)
$8,000-8,200 - 8 (11.3%)
$8,200-$8,400 - 3 (4.2%)
$8,400-$8,600 - 19 (26.8%)
$8,600-$8,800 - 7 (9.9%)
$8,800-$9,000 - 7 (9.9%)
Total Voters: 71

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21539202 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (142 posts by 32 users deleted.)
becoin
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November 22, 2019, 07:48:40 PM

Who sold at the bottom? Thanks for the cheap coins!
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El duderino_
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November 22, 2019, 07:48:50 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



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Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed

https://bitcointalk.org/index.php?topic=5203697.0

It’s very appropriate for here
Indymoney
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November 22, 2019, 07:49:31 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



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Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed
Very nice love to be have this but cannot affored  Sad
El duderino_
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November 22, 2019, 07:49:45 PM

Who sold at the bottom? Thanks for the cheap coins!


For me you are one of my favorite bulls sir ..... glad to be posting in the same thread with you!
El duderino_
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November 22, 2019, 07:51:02 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



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Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed
Very nice love to be have this but cannot affored  Sad

Write us some good stuff and you will be wearing one faster as you think Wink
Indymoney
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November 22, 2019, 07:52:51 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



avatar-sized



Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed
Very nice love to be have this but cannot affored  Sad

Write us some good stuff and you will be wearing one faster as you think Wink
Good point now trying to involve too much for this cap as its touching my heart  Cheesy
gembitz
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November 22, 2019, 07:55:33 PM

$7500 dry powderrrrr boom!! :-D gogogo
vroom
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November 22, 2019, 07:59:27 PM

$7500 dry powderrrrr boom!! :-D gogogo

no weeee? Who are you and what did you do with gembitz?
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November 22, 2019, 08:00:28 PM

$7500 dry powderrrrr boom!! :-D gogogo

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November 22, 2019, 08:02:26 PM

$7500 dry powderrrrr boom!! :-D gogogo

no weeee? Who are you and what did you do with gembitz?



 Kiss

weee
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November 22, 2019, 08:06:53 PM
Merited by infofront (5), nutildah (2)

Hopefully 6400 will have a shot, but the speed down is brutal and the volume is still sad and longing for the Bargain Boyz to return.

If 6400 doesnt hold I dont see how we dont get to at least as low as 5200. That should be a compelling price even for the stingy, cold and calculating Bargain Boyz.

Damn Lambie, I have to say I'm pretty impressed with the general gist of your calls over the last couple of months. Your bearish leanings have been vindicated.

The Bargain Boyz attempting to pick up just north of $7k have thus proven themselves to not be very good at their profession. The real Bargain Boyz will only be known to us after they have already picked up. The art of identifying the steep dollar-store bargain as its happening is one that is difficult to master.



Sir take my last 4 merits. The obvious truths are hardest to see through a cloud of bias and neediness and I commend you for having vision to pierce through that miasma. The bubble to 14k while it was spectacularly surprising and not obvious in its rise, was destined for an obvious fall if you were impartial to the circumstances.

This impartiality is exceedingly difficult for people who have not invested enough. This is counterintuitive so I will explain what I mean.

The general dollar store advice is that if you are biased and stressed about your investment you have invested too much, while this is true, even with Bitcoin, the opposite is also true when it comes to King Bitcoin. It is such a good investment that true bias and stress comes from investing a large amount, but the amount not being large enough.

When you take your investment level to ridiculous extremes in percent of your net worth you become free of worry because you are forced to accept the fact that it could all go to zero and you will be wiped out in savings. As you deal with and accept this possibility early you realize that you are part of a cause greater than yourself and hypothetical losses in the future are inconsequential.

This same phenomena is why you see children with cancer who may not survive enjoying life while their family freaks out and is sad all the time. The child is all in, while the parents are just heavily invested. The child is forced to accept the potential of his death and he becomes ok with it, the parents worry and stress the whole time.  

So the only stress free way I know of to invest in King Bitcoin is to go virtually all in.

Any other option is where the worry can get you and the bias can cloud your judgement.

Raja_MBZ
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It's over $9000!!


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November 22, 2019, 08:34:01 PM

I'm not expecting ~$9000 support level to break down, but if it actually does break down, $6000 ain't out of cards.




Whoaza Raja.

You seem to be a bit ahead of yourself, and yes I do agree that there should be some decent support at $9k, but there should also be some decent support in the $8k to $8.5k range too, no?

Hmmm... from a bird's eye view at the late-2017 to 2019 price chart, it doesn't really seem like that $7xxx-$8xxx are the levels which can prove to be strong (as both, support and resistance). I know this is a very big range of values, but that's just how I look at it! Lips sealed

Tested $6xxx support today. The next few days are critical.
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November 22, 2019, 08:43:23 PM

lol China bans bitcoin

https://uk.reuters.com/article/china-blockchain-shanghai/pboc-shanghai-hq-says-to-crack-down-on-cryptocurrency-trading-idUKB9N251022
bitcoinPsycho
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November 22, 2019, 08:43:43 PM

I like to be a bull and i was one the biggest bulls when it was the time for it. But when it couldn't go through 11k it made a new choice and a new direction. Another thing which i don't like much here is too many hopium charts which don't show things realistically. The third and the bigest thing which i don't like here is that if you are reallistic it's not well accepted here, unless you're bullish.

I'm a hodler too but i try not to be in some kind of a fantasy world.
$10000 bitcoin in one hour.


























Dyor
Raja_MBZ
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It's over $9000!!


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November 22, 2019, 08:50:46 PM

_javi_
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Still a manic miner


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November 22, 2019, 08:52:33 PM
Merited by Wekkel (1)





Do you see? It never reached the curve! It had to be lowered and adjusted!

Stability in the parameters of a model is a good things.
This is why I am bullish on the Stock to Flow model: his parameters have been very stable since 2009-2012 era, hence even before the first halvening.
Given the fact the price has done probably 100x since then, this is a very reassuring quality of the model.

More info here: Stock To Flow Model: Modeling Bitcoin's Value with Scarcity







here is more of them, they all get adjusted and always lowered so you might lower your expectations.
If somebody lives in a clouds then this fall might seem to harsh.




There's a raffle and the big prize is a place in the ignore list.

You are getting all the numbers...
becoin
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November 22, 2019, 09:02:11 PM
Merited by JayJuanGee (1)

Who sold at the bottom? Thanks for the cheap coins!


For me you are one of my favorite bulls sir ..... glad to be posting in the same thread with you!

The pleasure is all mine.

I'm a hodler too but i try not to be in some kind of a fantasy world.

TA is a fantasy world. Take care!
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November 22, 2019, 09:11:29 PM


That old chestnut, again.
jojo69
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November 22, 2019, 09:16:48 PM

^ classic
El duderino_
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November 22, 2019, 09:22:15 PM

Strange I didn’t saw that China meme .....
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