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

[Cryptotourist]

Ok, who sold at the bottom?

I didn't sell shit, but BTC is only up because the DOW is back up a bit..
Not impressed..

What a timing, both of ya!

[criptix]

Hey fam,

i hope everyone used the fuck up on bitmex to make loads of BTC - probaly the most profitable day in history for me.

100x with a discount of 650$ lol


I would sacrifice my first born for such an opportunity again

[Wekkel]

... You have to be willing to loose it all first.

Well said.

Since Bitcoin markets have no nanny holding their hands, the lows can be extreme lows but the subsequent highs can also be extreme highs.

It will probably be a dull next 6 months while the market basically drifts sideways before we see action again.

[Biodom]

Note that despite FED employing up to 1.5 tril, bonds yields are creeping UP (and price declines).
10 year already more than tripled in yield from 0.31 to 0.96%, 30 year from below 1% to 1.577%
The 38 year bull market in bonds is most likely OVER. Think about it.

[LFC_Bitcoin]

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

[fillippone]

Haiku Friday now
Instead of Bitcoin Sunday?
Or 13th only?

Weak hands RIP
Hope you don't become bitter
Like Kwuck or Roach.

Don't worry hodlers
Bitcoin will rise up again
As it always does.

+1 WOsMerit

Haikus just come out
never believed in Sundays
you deserve Merit.

Got you covered.

[criptix]

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

oh wow, mindrust capitulated at 4k? o.O

I mean sure, maybe he might be able to buy cheaper soon.

If a global recession hit, people will do a run on liquidity - just compare it with 2008/9: Metals took a big hit too before starting a bull run, so BTC dumping here is not the end of the world.

Though it is a bit worrysome how overleveraged the space is, which you could see perfectly by bitmex turning down the platform to stop the liquidation cascade and the interconnected dumping on spot markets.

[VB1001]

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

[bitserve]

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

Yeah, well, I meant besides that... ehmm... mindrust accident.

Were you able to buy at the bottom as you planned?

[bkbirge]

Good to revisit the basics every once in awhile...
https://www.investopedia.com/articles/retirement/09/401k-bear-market.asp

What should you do during a bear market? If you had a long-term investment strategy in place before the markets took a dive, it's time to revisit your plan. Are your goals still the same? Is your retirement still years in the future? If the particulars of your situation haven't changed, this is no time to change your overall investment strategy.

[Joe-Bloggs]

I have jumped in with both of my feet. I told myself if I ever had an opportunity under 5k I would make sure I have an entire bitcoin. Last of my money for non essentials in and now have about 1.1 bitcoin.
I have 2 alt coins but they are worth less than 500 dollars in total. 6 months after the reward reduction I will just extract 2k dollars for the new opportunities fund. I am expecting this will result in still holding an entire bitcoin which I will hodl for my retirement fund or if it reaches the 500k USD level before I may extract 100k and use it to buy 50k gold and 50k silver.

The thing I really like about bitcoin is that they can will stick to 21 million.  I am no longer worried about my fiat savings eroding now they are invested in other assets. These are high risk to some, but I view the risk to reward far easier to sleep with than the sure loss with no possible upside of accumulating fiat.

I will be watching this thread again because some members predictions had helped me increase my small bitcoin holdings by weaving in and out. I won't sell even .1 before 20k. This I believe will be in around 8 months.

[Wekkel]

Looks like an excellent moment to load up on some extra coins.


daily


weekly

Return of the bull within 3-5 months.

[2020VISION]

Looks like an excellent moment to load up on some extra coins.


daily


weekly

Return of the bull within 3-5 months.

^hangmans' formation  weeeeee

[eddie13]

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

"The declaration would free up as much as $40 billion in financial resources to assist Americans affected by the outbreak."

How absolutely pathetic the gov and fed is.. They disgust me..

They can pump 500 billion - 1.5 trillion into the stock market, but we are supposed to be happy with 40 billion to help actual people?
What pieces of shit..

I'd rather they spent nothing and just let it all burn to the ground, right along with Bitcoin, because now we all know Bitcoin is just junk that will dump right along with the rest of the fake economy..

Did any crypto actually do its job? XMR? DASH? GRIN? DOGE?
Quick scan of CMC = NO.. All cryptos are equally junk..

Gold? Nope.. It's dumping too..

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

[Biodom]

To keep things very simple, we had:

-December 2017: all time high 19.5k
-January 2019: low @ circa 3k
-June 2019: lower high @ 13.7k
-December 2019: higher low @ 6.4k
-February 2020: lower high @ 10.5k (very crucial price, the bulls will buy massively if we break above)
-March 2020: lower low 4k compared to December 2019, but higher low compared to January 2019

What is worrying in this thread is the constant higher lows (19.5k - 13.7k - 10.5k), this also means we should see at least another bounce (which would be a lower high again) at some stage, around 6.4k at least.

If I could invest big money (sadly my money is stuck at Epayments right now) I would buy a lot of Bitcoin to sell at 6.4k eventually (conservative approach).

What I also think is possible is to see a lower low compared to January 2019 which would mean 1k to 2.5k area (scary but possible). But if you are mentally strong it doesn't matter, we should see 6.4k again.

probably part of the reason that you do not have money to invest on your ideas is because they are dumb.

Furthermore, you seem to be selectively treating bitcoin as if it were some kind of abstract asset, and it is not.. we have convincing price prediction models that are likely to blow your dumb theories to shame... so good luck with that.. and I hope that you, at least, have stocked away enough money to pay LFC. which you are likely going to need to do long before the deadline of your December 2021 bet ending date.

Exactly, he (and Peter Brandt) treat it like some abstract value that can fluctuate randomly when there are much better models describing it.

[Cryptotourist]

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

Okay, so what do you suggest?
Some laugh, some do.

Have you sobered up? Wait for me.

[Biodom]

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

"The declaration would free up as much as $40 billion in financial resources to assist Americans affected by the outbreak."

How absolutely pathetic the gov and fed is.. They disgust me..

They can pump 500 billion - 1.5 trillion into the stock market, but we are supposed to be happy with 40 billion to help actual people?
What pieces of shit..

I'd rather they spent nothing and just let it all burn to the ground, right along with Bitcoin, because now we all know Bitcoin is just junk that will dump right along with the rest of the fake economy..

Did any crypto actually do its job? XMR? DASH? GRIN? DOGE?
Quick scan of CMC = NO.. All cryptos are equally junk..

Gold? Nope.. It's dumping too..

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

The game is not played in one day.

[Cryptotourist]

BTW Biodom, I remember roughly a year -or less- ago, you sketched your prediction of how BTC would do.
That included this massive dip.

Well done sir.

[Biodom]

BTW Biodom, I remember roughly a year -or less- ago, you sketched your prediction of how BTC would do.
That included this massive dip.

Well done sir.

Did I? lol, thanks
I am making quite a few predictions, at least some has to stick 

[eddie13]

Okay, so what do you suggest?
Some laugh, some do.

Yes laugh..
Take the clownpill..