Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13027. (Read 26717147 times)

6 months now and counting

Guys, I'm scared. It's still under $10k.

 

Since you seem agreeable, somehow we have to get infofront to zap you with his magic wand to make it so.  

Like this:

Swiss brand Hublot ($10K+ entry-models) announced it's Bitcoin Big Bang Model which you can buy only with Bitcoin. Not a huge news, but another name placed on their timepieces is Ferrari, for example.

This new watch is a 210-piece limited edition watch that can only be purchased with bitcoin, and a watch that can be bought directly from the watchmaker with bitcoins.

Blockchain is a revolution in the financial system and the future of e-commerce, and it has been broadly used as a digitised and decentralised public ledger of all digital currency transactions since its creation. By allowing digital information to be distributed, Blockchain technology creates the backbone of a new type of Internet. Well-recognised for its originality, the technology is regarded as one of the most powerful and fastest-growing trading tools, not to mention unlimited possibility of usage in different aspects that will revolutionise various industry norms and trade.



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https://www.hublot.com/ru/news/get-ready-for-hublot-s-big-bang-launch-in-the-field-of-blockchain-technology

I'll take that as a compliment.   

I think that we should boticize you hairbeary.  Perhaps rename as you chartbotcized, a variation of chartbuddy. 

Its more of a zone that has acted as both support and resistance.  $6,850 should put us just past the zone with a clear run to $7k.  No promises as to what happens when we hit $7k.  I would like to think we would free run to $7,300 but suspect it will not be that easy.  

Even though with recent price performance, you would likely be correct to identify correlation between cryptos, I would not misidentify that correlation to strength of any of the other cryptos, except that they are largely riding on the security strength and the sound money strength of bitcoin, and even if it might appear that one or another of the shitcoins is engaging in innovation or price leading, that is likely a mirage - because bitcoin continues to be the strength amongst the whole crypto space, even if some of the other (shit) coins could cause you to become way more rich than if you merely played bitcoin by itself.



Perhaps if you are able to time them better then you could come out better, but I understand that timing is more easily said than done, and might require either decent luck or some kind of insider information track.


Your transitioning over to bitcoin might happen to a lot of other folks who come into the space because of shit coin distractions; however, it can take a while to really establish your bitcoin bonafides including going through some bitcoin UPs and DOWNs, and refusing and rejecting various altcoin and ICO temptations.  Personally, I don't find any problem with guys (and gal) who might choose to invest a very small portion of their crypto value into alt coins and ICOs, and perhaps as a kind of fun, but really I don't see any reason to use more than 10% of your crypto value, and personally, mine is still less than 2% and seemingly closer to 1% based on recent continued fall of value of alts as compared with bitcoin.  I mostly ignore them, but if one or another pumps, then I might cash some out, but I don't even care if each of them or all of them go to zero.

from whence are you deriving that horizontal line Hairy?

18 June??

Downward trendline seems to be losing its relevance.  $6850 now the number to beat in short term.  More pain if we break under $6500.

That's why you need to formulate your own opinions based on the totality of the evidence rather than giving too much weight to short term sentiments of forum members over a period of time, that you are likely selectively misrepresenting anyhow in order to make your own whinny and lack of personal responsibility and difficult to decipher baloney points.   

o.k.  I will consider such numbers coming out of that website (https://www.blockchain.com/btc/unconfirmed-transactions) as being a kind of short term inaccuracy.  I suppose that there is a kind of measurement that counts the transactions coming in, but those are merely pending transactions, so when the blocks are confirmed then that confirmation would cause a more reliable rate that they are actually confirmed rather than the rate that they are submitted for confirmation (and pending), and so if blocks are not keeping up, then the mempool grows, and perhaps that should be averaged out over a longer period of time, rather than what is shown on that site and there are probably better sites to verify the quantity of transactions that are actually being confirmed.

and where, exactly, do you think we are??

It looks like we've transitioned(ing)from the bear to endless sideways action. Get the pom poms ready.

Are you guys in a live break up?


Breaking up is hard to do:

This is so true

All cryptocurrencies have a strong correlation between them. If BTC falls, all of them fall. The volatility is a bit different between them, but the up and down movements are almost all the same.

For now, I have only made money with bitcoin, and had 3 lucks in ICO. Of my lucky ICO, i sold just one of them, the others reach 1000% and now they are in 90% loss...

Even with Ethereum I am losing money now with this DIP...

From now on, only bitcoin for me. I am looking for an exit point for my shitcoins

Seems like I have been saying this for a quite a long while - but probably Jimmy said it better... hahahahahhaa   

I don't like this. People are too optimistic. Whales can smell optimism.