Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12579.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: Biodom on November 23, 2018, 04:06:20 PM

Not sure what do you mean by the "same point". In time?
Overall 2013-2015 decline was 1160 (bitstamp) to 171 (coinmarketcap data) or 85%.

So far, this cycle it is 19873 to 4035 (lowest), which is about 80% (79.7%).
Right now, it is 78.8% (still much lower than 85% in 2013-2015).

Yes, I meant in time - days since the ATH. We're 341 days in now and the low point at ~4035 is around -80%. By comparison, 341 after 30 Nov 2013 the low point was ~275 or around -77%.

It may not be significant, but you'd kind of expect the bear market to be slower this time round due to the larger market cap and lower volatility.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: goldkingcoiner on November 23, 2018, 05:10:36 PM

I already called dibs.

You will remain in that giant nappy and leather baby bonnet of yours. I'll be round for that afterwards. Yield to me or events will become unfortunate.

goldkingcoiner

legendary

Activity: 2282

Merit: 2057

A Bitcoiner chooses. A slave obeys.

Quote from: gentlemand on November 23, 2018, 05:07:59 PM

Quote from: Hueristic on November 23, 2018, 04:39:09 PM

The main problem is people do not seem to have the ability to be happy with having enough, they seem to need what others have.

Indeed. I'm rather taken by that wispy negligee you're wearing. I'll wait until you're asleep before making my entry and claiming it.

I already called dibs.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Hueristic on November 23, 2018, 04:39:09 PM

The main problem is people do not seem to have the ability to be happy with having enough, they seem to need what others have.

Indeed. I'm rather taken by that wispy negligee you're wearing. I'll wait until you're asleep before making my entry and claiming it.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

A bit strange but made me think: https://www.epsilontheory.com/whats-your-metagame-an-open-letter-to-the-crypto-community/

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

This shows the price is currently a bit lower than it should be in this part of the cycle. Perhaps we are front running 2014 which would make sense.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Same chart zoomed out showing bear line. Purple line is long term support from cryptowinter which we broke (ahead of schedule) before our latest drop. We really should have waited until December before breaking it.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

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

Quote from: kenzawak on November 23, 2018, 01:45:01 PM

GOOGLE TRENDS BITCOIN INTEREST HITS 6-MONTH HIGH

https://bitcoinist.com/google-trends-bitcoin-price-6/

Are you trying to say that bitcoin prices are going to go up sometime soon? Or do you have some other point?

In other words, do you have any assessment of this particular data that you provided above?

Toxic2040

legendary

Activity: 1834

Merit: 4197

Quote from: HairyMaclairy on November 23, 2018, 04:39:55 PM

This pennant needs to resolve. More likely to go down than up but probably will just break sideways and make a new pennant. Market is currently balanced. Yellow line is long term bear trend line representing upper barrier to any rally.

Where did you anchor to get that "long term bear line"? Just curious. I think we will flat over most of the rest of this weekend and most of the coming week. However...part of me expects a moderate pump to come along soon as there are futures to close out soon.

#btfd's

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: goldkingcoiner on November 23, 2018, 03:59:21 PM

Yes. There is lots of bad guy and fucker price now 4350. We need good heart but not fucker money. Despicable things is no good heart.

slow clap

El duderino_

legendary

Activity: 2744

Merit: 13647

BTC + Crossfit, living life.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

This pennant needs to resolve. More likely to go down than up but probably will just break sideways and make a new pennant. Market is currently balanced. Yellow line is long term bear trend line representing upper barrier to any rally.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: pönde on November 23, 2018, 05:48:59 AM

Quote from: ?? on ??

I HATE THIS FUCKING WORLD, EVERYTHING REVOLVES AROUND FUCKING MONEY. WHY THE FUCK CANT WE JUST ALL SHARE THE FUCKING RESOURCES FOR BASIC SURVIVAL. WHY SHOULD A FUCKING MARKET DETERMINE IF SOMEONE GOES HOMELESS. FUCKING ALL THE LAND IS OWNED BY FUCKING BILLIONAIRES , HOW THE FUCK CAN YOU OWN LAND IT SHOULD BE FREE WE WERE BORN ON EARTH. JESUS FUCKING CHRIST THE POOREST PEOPLE ARE THE HARDEST WORKERS. THIS LIFE IS FUCKED GLOBAL WARMING KILLING US ANYWAYS.

Everything goes around money because of TPTB. Google more about it.

The main problem is people do not seem to have the ability to be happy with having enough, they seem to need what others have.
Maybe it is a basic survival trait that we have not evolved beyond yet?
The vast majority seem to not be able to see beyond their own lifespan or possibly their grandchildren's but just don't make choices with the race as a whole in mind beyond a few generations.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

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

Quote from: Ibian on November 23, 2018, 01:32:39 PM

Time for new material roach. You are just repeating yourself.

What else is new?

You are repeating yourself (and many others, here) by recognizing that puggy bug to be repetitious.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

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

Quote from: TheCactus on November 23, 2018, 01:24:43 PM

Quote from: QuestionAuthority on November 23, 2018, 01:16:36 PM

Quote from: TheCactus on November 23, 2018, 01:14:11 PM

Theymos said a few weeks back something to the effect that If there is any price at which you would be ruined, it might be a good idea to assume we will reach it. And thus and so I'm concerned. I'm trying to not show it, for the kids and for Jimbo and because the cock bug will laugh at me. But I'm concerned.

That’s too bad. So you sold all your coins?

I'm not sure I like you.

QA is not a bad peep, but he does seem to enjoy stirring shit from time to time, and surely sometimes he seems to focus on the "wrong stuff", but hey, that's only human, right?

Aren't most of us (the real ones, at least... and probably the bots too, since humans program them) bags of walking contradictions, and someone once said something about the foolishness of consistency, too.....

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Toxic2040 on November 23, 2018, 04:11:33 PM

1h

W

timberrrrrrrrr $2500 soon :-D weeeeeeee

El duderino_

legendary

Activity: 2744

Merit: 13647

BTC + Crossfit, living life.

^
still have my worthless BTG as well Roll Eyes

JayJuanGee

legendary

Activity: 3962

Merit: 11519

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

Quote from: LFC_Bitcoin on November 23, 2018, 01:02:13 PM

Quote from: El duderino_ on November 23, 2018, 12:58:10 PM

Quote from: LFC_Bitcoin on November 23, 2018, 12:43:04 PM

Quote from: TheCactus on November 23, 2018, 12:40:39 PM

Quote from: El duderino_ on November 23, 2018, 12:37:08 PM

There Will be Some NEW fomo buying
But when Will the BULL be unleashed Roll Eyes

The question isn't if there will be a new bull market, or even when. It's How far will we plummet before it starts? How many of us will be ruined to make way for the new winners?

Why can’t you just HODL until the next bull run starts? Most of us here are already sitting on huge profits even at the current price. Now is a time for calm heads & accumulating MOAR coins.

Indeed when you have coins.... Then your not really ruined ever only temporarily when you compare to your FIAT value if you paid your BTC more expensive as they are now....
But been Said 1000xTIMES its not a get rich overnight kind of deal, if you got money to pay the bills, eat and drink have Some Fun time .... Then whats the problem?

That’s my situation mic!
Last year I had the fucking time of my life to be honest. I didn’t sell any of my actual bitcoin’s (the one’s I bought) but trust me I fucking enjoyed pissing all the free BCH & BTG up the wall. I visited countries I’ve never been to before, I partied like a 21 year old, fuck it was fun.

Now all that’s over I still have all of my bitcoin’s & they’re worth $4,000 each where as before they were worth $1,000 each (and below).

2021 or 2022 is the golden year gentlemen, HODL & you WILL be rewarded.

I could not really bring myself to sell my BTG - and maybe that was a bit short-sighted - so I still hold all my BTG.

My excuse that I was hoping for more than 3%.. and I think that there was a pump period that they bounced between 3% and 5%, but I recall that I had not yet split my coins (meaning my BTG) during that period.. and I think after I split my BTG, they have not gone above 2% for any significant period of time.. .so mine just sit there and seem mostly irrelevant at less than 1%.... Doesn't matter a whole hell-of-a lot to me, if they go to zero before I take selling action, if I do decide to, some day.

Toxic2040

legendary

Activity: 1834

Merit: 4197

1h

W

JayJuanGee

legendary

Activity: 3962

Merit: 11519

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

Quote from: rebal15 on November 23, 2018, 12:47:49 PM

Bitpay CCO tell us bitcoin price by the end of 2019. Angry

https://cointelegraph.com/news/bitpay-coo-sonny-singh-bitcoin-could-hit-15-20k-by-end-of-2019

I thought that Bitpay has lost a decent amount of credibility in the bitcoin space - so would there be a reason that we would give much credence (or attention) to what the CCO is saying regarding BTC price dynamics. Any justification to pay any attention to the guy?

By the way, I might be living in a bit of a fantasy, but I would not mind a significant amount of shorts getting rekt about now.. maybe $500 upwards, yet $1k would be nicer.

I understand that a lot of HODLers are wishing similar, so difficult to see it happen... Actually $2,300 would be even nicer, to bring BTC prices back to $6,500 within the next day or two (weekend pump) - but then likely we would have large corrections if that were to happen. BTC might not be ready, just yet, for those kinds of pumps.. Seems as if prices have to meander in down channels for a while (even a week or two might be enough) in order for the buy support to become more likely to happen and meaningful, if it were to happen... otherwise, seems like just wishing for a bullwhale angel, and those never seem to happen until new bottom(s) gets tested numerous times.

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