Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12252.

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: cAPSLOCK on December 07, 2018, 02:11:28 PM

Quote from: proudhon on December 07, 2018, 11:28:24 AM

I've been telling you guys for years. Bitcoin is dying a long death, but it is dying. No question. See you guys at sub $1000 in 2019. Officially irrelevant by 2020.

Yeah, but this is just you musing... what do your 1 or 2 sources say?

No need for sources. Just look at the market. It's obvious.

Paashaas

legendary

Activity: 3512

Merit: 4557

Quote from: realr0ach on December 07, 2018, 02:19:57 PM

Some shorts decided to cover, now it's time for an avalanche of tards to flood the forum with talk of $1 trillion per coin.

Everything under $100k is cheap Kiss

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: ?? on ??

Quote from: bitserve on December 07, 2018, 01:38:20 PM

didn't you start in 2014/15?

Earlier

Ya, after posting that I checked your post history and it looks like you already perfectly knew your way around here before your first posts

YourMother

legendary

Activity: 1281

Merit: 1046

Quote from: YourMother on December 06, 2018, 06:50:54 PM

1 - The only thing that Shitcoin SV is going to flip is Shitcoin Cash, not Bitcoin

2 - Somebody is definitely selling a fuck ton of BTC on the markets and pumping Shitcoin SV ( as you can see, they are correlated)

3 - It's the same scenario as in 2017 when the dumbfucks were expecting Shitcoin Cash to flip Bitcoin... and it never happened.

4 - The BTC bears are going to get fucked big time according to this chart

I mean, DUUH!

With the shorts reaching all time high a little earlier, it was bound to happen. And it's not over yet...

Paashaas

legendary

Activity: 3512

Merit: 4557

Quote from: ?? on ??

Quote from: exstasie on December 06, 2018, 02:40:34 PM

LN nodes... Does it look like hub and spoke now?

Judging by looking at the latest LN maps, it appears more like below.

This is a good thing.

Literally exploded Cool

https://twitter.com/LucasNuzzi/status/1071111197137797120

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: fragout on December 07, 2018, 02:21:00 PM

Quote from: LFC_Bitcoin on December 07, 2018, 02:17:10 PM

Quote from: rafanadal on December 07, 2018, 02:15:47 PM

yay a 100 dollar bounce after a 700 dollar dump

Roll Eyes

Nothing to celebrate buddy but feeling a pulse is never a bad thing.

Edit - I’d imagine a few shorters getting rekd atm?

Yep. Shorts just hit ath a few hours ago. i was expecting summit to happen.

That has been almost no volume. Shorts must be still near ATH. There wasn't enough liquidity to cover them.

rafanadal

member

Activity: 368

Merit: 31

Quote from: realr0ach on December 07, 2018, 02:19:57 PM

Some shorts decided to cover, now it's time for an avalanche of tards to flood the forum with talk of $1 trillion per coin.

If we believe it, it will happen.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: proudhon on December 07, 2018, 11:28:24 AM

I've been telling you guys for years. Bitcoin is dying a long death, but it is dying. No question. See you guys at sub $1000 in 2019. Officially irrelevant by 2020.

The bottom must be in. "Officially."

fragout

legendary

Activity: 1279

Merit: 1018

Quote from: LFC_Bitcoin on December 07, 2018, 02:17:10 PM

Quote from: rafanadal on December 07, 2018, 02:15:47 PM

yay a 100 dollar bounce after a 700 dollar dump

Roll Eyes

Nothing to celebrate buddy but feeling a pulse is never a bad thing.

Edit - I’d imagine a few shorters getting rekd atm?

Yep. Shorts just hit ath a few hours ago. i was expecting summit to happen.

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Some shorts decided to cover, now it's time for an avalanche of tards to flood the forum with talk of $1 trillion per coin.

ivomm

legendary

Activity: 1891

Merit: 3096

All good things to those who wait

Quote from: ivomm on December 07, 2018, 02:00:27 PM

Well, it has to stop somewhere. One year ago Jihan Wu started a similar campain (flippening they called it). Aided by Rojer Ver and Craig Wright they dumped hundreds of thousands bitcoins and bought bcash driving it up to 3.5k$ on most exchanges and 9.5K$ on Coinbase. The documentation of the failed IPO shows that only Bitmain bought around 2mil bcash! Now, Wu gets what he deserved! Although he has 2mil SV now, so he can dump it to get some money to save his business from bankruptcy. Now, CW thinks he is a genious to sell his bitcoins and buy his shit. In 1 year SV will be less than 10$, while bitcoin will recover. Not only the manipulators are out of ammo, but most of the whales dumped in fear their bitcoins. What the market needs now is a nice recovery to 6K and then slowly building up to 20K and beyond. It may take some months or a couple of years, but it will happen!

Gee, I didn't know I am a prophet Grin

Perfect timing Tongue

P.S. This is my 500th post! I will appreciate some merits for the anniversary Wink

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Well, as I just said, the books were thick as fuck on the buy side and paper thin on the sell side. It has cut through it with almost no volume. Now what?

willope

sr. member

Activity: 366

Merit: 261

200 day MA almost touched on the 1w chart.
Seems like we hit bottom.
Sharp rebound is possible from here. Top at 5500, maybe lower.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

the game is afoot

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: rafanadal on December 07, 2018, 02:15:47 PM

yay a 100 dollar bounce after a 700 dollar dump

Roll Eyes

Nothing to celebrate buddy but feeling a pulse is never a bad thing.

Edit - I’d imagine a few shorters getting rekd atm?

qwizzie

legendary

Activity: 2548

Merit: 1245

rebounce time

rafanadal

member

Activity: 368

Merit: 31

yay a 100 dollar bounce after a 700 dollar dump

Roll Eyes

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Weeeeeeeee!!! Weeeeeee!!!!!! Weeeeeeeeeeeeeee!!!

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Quote from: gentlemand on December 07, 2018, 11:31:02 AM

Quote from: LFC_Bitcoin on December 07, 2018, 11:27:16 AM

How long before all miners turn off their machines, what then?

No one other than miners needs to give the remotest shit about mining. It's their problem, not ours.

^The most clueless and 100% false statement of the day. The miner's cost of production is ALWAYS your problem if you're holding these things. Hypothetically, let's say the price of a bitcoin is $10,000 per coin and you buy there. If the cost of production drops down to $1000, why would anyone buy your $10,000 coins if they can just mine them for $1k? They wouldn't.

This is why the price has continuously dropped from $20k to here. Cost of production was around $3k. Does that mean this is the bottom? No. Miners can still go bankrupt or throw in the towel because it's not worth it and send cost of production even lower. Then you're back to square one of holding $3k coins with nobody to buy them because they can just mine them from $1k or whatever. Claiming mining and cost of production doesn't matter should get you de-merited down to 1 star poster.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

debart

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