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Question: Is this the last time we see sub-$10K?
Yes - 37 (44.6%)
No - 46 (55.4%)
Total Voters: 83

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21529468 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.)
BitcoinGirl.Club
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November 25, 2019, 12:02:06 PM

<snip>


In other words, WO Bitcoiner
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gentlemand
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November 25, 2019, 12:02:41 PM

This is the scenario I fear. It may be possible that the halvening is priced in already and, although prices below 3k are unlikely, there will be no new ATH until the next halvening (one in 2024). Five years of ice age, pain and false hopes. Personally I do not plan to sell my main stash, but I am thinking about trading (that is, about buying a bit lower and selling a bit higher, not accumulating), because holding may be a very long-term game.

I'm leaning the other way. I think this halving will have the biggest effect. After this one it'll be subtler and start to tail off.

There are more on and off ramps than ever and some of them like Bakkt and the Cash app alone have the potential to be several times bigger than the entirety of what went before. Chuck in inflation dropping to levels seen in conventional currencies and just over only 10% of all coins left to arrive in the next 120 years and that's a pretty darned potent combo.
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November 25, 2019, 12:18:10 PM

24-hour average



Interesting end-of-the-month movements...
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November 25, 2019, 12:29:25 PM

Good Panicking morning WO!
Or WO Bitcoiners do not panic at all?
Observing @ $6,849


Panic  buys Ahoy
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November 25, 2019, 12:31:13 PM

This is the scenario I fear. It may be possible that the halvening is priced in already and, although prices below 3k are unlikely, there will be no new ATH until the next halvening (one in 2024). Five years of ice age, pain and false hopes. Personally I do not plan to sell my main stash, but I am thinking about trading (that is, about buying a bit lower and selling a bit higher, not accumulating), because holding may be a very long-term game.

I'm leaning the other way. I think this halving will have the biggest effect. After this one it'll be subtler and start to tail off.

There are more on and off ramps than ever and some of them like Bakkt and the Cash app alone have the potential to be several times bigger than the entirety of what went before. Chuck in inflation dropping to levels seen in conventional currencies and just over only 10% of all coins left to arrive in the next 120 years and that's a pretty darned potent combo.

This is also possible. Hope for the best (planning to hold most of my coins for a long time), but prepare for the worst (thinking about trading for quicker gains).
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November 25, 2019, 12:34:34 PM

Every time we dip a bit stronger than usual, most of WO is scared shitless with their "reasonable" worst-case bullshit estimates. So disappointing, especially given the size and history of the thread. Roll Eyes
Gyrsur
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November 25, 2019, 12:35:54 PM

what happened to the Silver dude?  Grin
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November 25, 2019, 12:40:39 PM

what happened to the Silver dude?  Grin
You mean R0ach? He will be here in any moment or may be he is in a vacation LOL

Every time we dip a bit stronger than usual, most of WO is scared shitless with their "reasonable" worst-case bullshit estimates. So disappointing, especially given the size and history of the thread. Roll Eyes
I see no panic around. Do you?

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November 25, 2019, 12:42:18 PM

This is also possible. Hope for the best (planning to hold most of my coins for a long time), but prepare for the worst (thinking about trading for quicker gains).

I don't think there'll ever be the same expansion in infrastructure meeting the same reduction in production again. It could well be a golden one off.
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November 25, 2019, 12:55:46 PM

BTC/USD
Long/Short Ratio
77:22
% of supply long:short
0.16:0.047
Long Daily Charge
$43,992
Short Daily Charge
0.49316 BTC
Total Long
29,399 ($195,903,176)
Funded Longs
$129,389,054
Total Short
8,420 ($56,107,512)
Funded Shorts
6,489 BTC


leveraged positions pilling on.

funding getting ridiculous.

started a small long.

observing 6550.


who sold at the bottom ?

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November 25, 2019, 12:59:33 PM

Every time we dip a bit stronger than usual, most of WO is scared shitless with their "reasonable" worst-case bullshit estimates. So disappointing, especially given the size and history of the thread. Roll Eyes
I see no panic around. Do you?
Right, and stuff like "no movement till 2024 halving" is a rational opinion or assessment after such a dip? It's fear and panic disguised as staying calm. Maybe I made the mistake of assuming that the average person here is smarter than a monkey?
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November 25, 2019, 01:00:29 PM

The halvening effect comes after halving and not before. Until then a lot of things can happen. There is a long time still to go.

How do they manage to know when Bitcoin halving  is?
Or does Bitcoin BlockChain has given date of halving
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November 25, 2019, 01:03:51 PM

BTC/USD
Long/Short Ratio
78:21
% of supply long:short
0.16:0.043
Long Daily Charge
$44,462
Short Daily Charge
0.45404 BTC
Total Long
29,322 ($209,537,944)
Funded Longs
$127,033,374
Total Short
7,809 ($55,803,895)
Funded Shorts
5,821 BTC

i guess we go up now until we get rid of enough shorts to normalize the funding.
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November 25, 2019, 01:04:15 PM
Merited by infofront (1)

Every time we dip a bit stronger than usual, most of WO is scared shitless with their "reasonable" worst-case bullshit estimates. So disappointing, especially given the size and history of the thread. Roll Eyes

I think most established WO-members are not worried, let’s just hope your not talking about yourself here Huh Cause for me most of the people I respect are not disappointing me at all.....
When you say most of the WO and you talking about new-ish people that’s just because they not used to BTC as most veterans are.
I hope you HODL strong and being an example as most of us WO’s for the newer people who try to learn something about BTC on this forum and at this topic.
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November 25, 2019, 01:04:38 PM

The halvening effect comes after halving and not before. Until then a lot of things can happen. There is a long time still to go.

How do they manage to know when Bitcoin halving  is?
Or does Bitcoin BlockChain has given date of halving

https://www.bitcoinblockhalf.com/
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November 25, 2019, 01:08:59 PM

The halvening effect comes after halving and not before. Until then a lot of things can happen. There is a long time still to go.

How do they manage to know when Bitcoin halving  is?
Or does Bitcoin BlockChain has given date of halving
Expected in six or seven months from there but personally not buying the hype.
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November 25, 2019, 01:10:26 PM

I love it how Bitcoin is almost 100% technical analysis and 0% fundamentals.
The connection with the China news is not obvious IMO. As usual technical analysis is dictating the price.

Bitcoin has became purely a speculation asset.
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November 25, 2019, 01:12:14 PM
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Every time we dip a bit stronger than usual, most of WO is scared shitless with their "reasonable" worst-case bullshit estimates. So disappointing, especially given the size and history of the thread. Roll Eyes
I see no panic around. Do you?
Right, and stuff like "no movement till 2024 halving" is a rational opinion or assessment after such a dip? It's fear and panic disguised as staying calm. Maybe I made the mistake of assuming that the average person here is smarter than a monkey?

"No new ATH" is not equal to "no movement", unless you consider 2x or even 3x ups and downs as "no movement". The problem is not the current dip, but the trend. The end of the cyptowinter is not confirmed and, unfortunately, past performance is no guarantee of future results.
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November 25, 2019, 01:13:05 PM

The halvening effect comes after halving and not before. Until then a lot of things can happen. There is a long time still to go.

How do they manage to know when Bitcoin halving  is?
Or does Bitcoin BlockChain has given date of halving

https://www.bitcoinblockhalf.com/

Thanks,

Now I know, this feature make Bitcoin investor make tempting effect to the coin. I really like the idea of this, now I realize why Bitcoin is possibly take a bull run after this
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November 25, 2019, 01:16:42 PM

who let the bears out?
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