Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14388. (Read 26709884 times)

Your gf was right. We all shoulda sodl at $19,000. We trololololed ourselves.

My gf does it all the time too....’Bitcoin is obviously over, let’s sell everything now’ ..... ‘We should have bought that house for xxxxx outright with no mortgage when it was over $19,000 each’

Fucking women....I tell her to STFU & relax because I know bitcoin will make a lot of us here very wealthy.

Reminds me of this earlier thread of posts:

I am not really against investing in various alts or ICOs; however, I think that one of my BIG beefs and motivation for my slogan is that a lot of peeps seem to get misled into some kind of crypto diversification approach right from the start of their investment, and they don't know shit about anything that they are investing into and just throwing wet noodles at the wall and hoping that some of them stick.

So, in fact, if you know how to focus, then you might be able to choose a few alts and do really well for yourself in the short term, but if you are blindly investing, and you don't really know, then it is likely better to start with dollar cost averaging into bitcoin first.  Study up on it, and maybe diversify later, if you believe it could be helpful to you, and probably not with a large percentage - but instead keeping the vast majority in bitcoin.

A lot will depend on the individual, including the extent to which the individual has traditional investments, and also age plays some role too, even though youthfulness should still not give a complete license to being overly risky (though youthfulness does allow for some additional risks with the understanding that you have more time to make up for any shortfalls that might happen with risky investments that did not turn out good - but the goal should still be attempting to invest in profitable assets when possible and to attempt to learn how to do it better for your own situation rather than an initial blindness that might be true for most crypto newbies). 

NOTE: When I get a GF (yeah, right) NEVER TELL HER ANYTHING ABOUT CRYPTO! (note to self)

I feel your pain my friend

You think you have problems. I installed a bitcoin ticker on the wifes phone a few days ago. She rushed in the door about an hour ago screaming wtf is going on

Well shit. Was just telling my gf over diner not to worry. Then opened http://bitcoinity.org/markets/bitstamp/USD
Now hiding

Apart from sell indicated as #2, the chart seems to be uncorrelated to his sells.
Overall, that guy is a moron trader.

We are still in Dante's Inferno guys as we clearly are some fuckin' early adopters here. For those of us who saw 100$ per Bitcoin or something this is nothing.
Listening Stairway to Heaven just about now.
Let the buyers buy and let the sellers sell.

Exactly, as out of app. 500 billion cap of all crypto, BTC has app 170 billion share at the moment. Imagine all those alts weren't existed at all and BTC would be much more worth in value.

Would like to see that calc if someone can offer?

And one other thing, please don't throw up, saw somewhere ICO market cap is currently 9 billion (all above in $US)...

Article from trustnodes.com - https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals


MT Gox’s bitcoin addresses are well known as blockchain detectives spent months analyzing them. One such address shows 2,000 bitcoin held by the trustee were moved on December 18th.

On that very day, bitcoin’s price stood at $19,000, briefly fell to $18,000, then continued to fall in subsequent days:




On December the 22nd, the trustee moved 6,000 bitcoin. That’s the big red daily candle above labeled 2, sending price from nearly $16,000 to a brief low of $10,800.

It appears he gave some time for the market to recover, then on the 17th of January at 3AM he sold 8,000 bitcoins. Crashing the market again.

He then sells another 6,000 on the 31st of January, but the vast majority was sold on the 5th of February, 18,000 in total. Sending the price to its recent bottom from which it then went on to recover and nearly double as the selling finally stopped.

This suggests the trustee has sold it all on exchanges, rather than Off The Counter (OTC), sending price down some 75% by perhaps placing market orders.

Another person being brainwashed into thinking that bitcoin is the only way to save the world 

It does not matter.
It is either bitcoin/crypto for the world or we are finished (eventually) when the debt system cannot function any more.
2008 gave the world a chance. Satoshi took it.
If PTB would not embrace it (eventually) than we would have a complete and utter collapse at some point, but maybe decades from now.

I am actually around 2 to 3% too, yet I think that I am creating a bit of a trick question with the concept of "needed" since there are so many alt coin pumpers who try to suggest diversification within crypto is "needed" .. but really they are frequently diluting their bitcoin holdings with a bunch of shit.

Sounds like someone who does not know how to differentiate regarding what is bitcoin, and is grasping at straws with false analogies.  In other words, just making shit up.. because he has seen such happening before.

man that google trend is almost like the price it's going to 0, am bored with crypto and so is average Joe, i'm a good sample of humanity

Google trends says the interest in "crypto" is 7x what it was this time last year: https://trends.google.com/trends/explore?q=crypto

who is the retard buyin Viacoin lol

The interest in crypto is almost 0 right now