Then went to bitcoinwisdom just to realize we're still at 7800. What a bunch of panicking crybabies and beartrolls! I still haven't sold a single satoshi since the beginning of this dump. HODL! 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14722. (Read 26608987 times)
February 05, 2018, 05:42:31 AM
Opened this thread first this morning and thought BTC has fallen to triple digits judging by the comments here Then went to bitcoinwisdom just to realize we're still at 7800. What a bunch of panicking crybabies and beartrolls! I still haven't sold a single satoshi since the beginning of this dump. HODL!
Then went to bitcoinwisdom just to realize we're still at 7800. What a bunch of panicking crybabies and beartrolls! I still haven't sold a single satoshi since the beginning of this dump. HODL! 
February 05, 2018, 05:40:47 AM
This time bitcoin is dead
After a recovery were off to go down again
After a recovery were off to go down again
February 05, 2018, 05:35:37 AM
I think it is a nice touch that the CEO of Bitfinex and Chairman of the CFTC are both called Giancarlo.
February 05, 2018, 05:29:35 AM
no both
no all three https://www.banking.senate.gov/public/index.cfm/2018/2/virtual-currencies-the-oversight-role-of-the-u-s-securities-and-exchange-commission-and-the-u-s-commodity-futures-trading-commission
Is it time to sell today's bottom to make room in the display for tomorrow's bottom?
snip
snip
February 05, 2018, 05:26:43 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
Please show me the 87% crash of December 2013?June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
I can't see it.
https://imgur.com/a/O4Fmk
He's referring to the extreme ends of the price corrections from $1,163 in December 2013 down to $152 in January 2015 or whenever was the deepest down spike.
February 05, 2018, 05:26:04 AM
Is it time to sell today's bottom to make room in the display for tomorrow's bottom?
February 05, 2018, 05:13:38 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
in 2013 it took one month to climb to ATH at $1200 and 13 or 14 months to reach bottom. this time around it climbed two years and it seems to be bottoming either now (6 weeks) or soon (2-3 months). i expected it to sink much slower, like it did last time. waiting now for temporary bottom to buy back in and for THE bounce. most critical point will be peak of bounce.
February 05, 2018, 05:11:16 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
Please show me the 87% crash of December 2013?June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
I can't see it.
https://imgur.com/a/O4Fmk
Here you go: BITSTAMP weekly:
https://i.imgur.com/knA0Dtq.jpg
February 05, 2018, 05:09:49 AM
My god this dump is boring.
February 05, 2018, 05:07:43 AM
A couple of things to placate the doom and gloom:
"buy bitcoin" is pointing up on google trends:
https://trends.google.com/trends/explore?date=today%201-m&q=buy%20bitcoin
Longs/Shorts ratio is rising fast, so it will be either an epic squeeze or they know what they are doing:
https://www.tradingview.com/chart/BTCUSDLONGS/6zXwoCCj-How-to-find-market-bottoms/
"buy bitcoin" is pointing up on google trends:
https://trends.google.com/trends/explore?date=today%201-m&q=buy%20bitcoin
Longs/Shorts ratio is rising fast, so it will be either an epic squeeze or they know what they are doing:
https://www.tradingview.com/chart/BTCUSDLONGS/6zXwoCCj-How-to-find-market-bottoms/
February 05, 2018, 05:07:20 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
Lets settle around 3 k - that was the support level from where we started to 20 k
Or just settle around here @ This price level make new support @ +- 2.5X time herefore and move to the assumed 40–100k range
February 05, 2018, 05:07:03 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
Please show me the 87% crash of December 2013?June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
I can't see it.
https://imgur.com/a/O4Fmk
February 05, 2018, 05:06:32 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
Fair enough... regarding your hiatus motivated buy plan.. hahahahaha.. and you better start a bit above $4900 to be safe and not get stuck suffering in fantasy land.... hehehehehehehe... I am sticking with $1k BTC buy increments, because bitcoin be called in exponential growth phase and in an ongoing bull market.
Do you really think that going on 8 weeks of correction (and we are not even to 8 weeks yet) is enough to stop our lovely more than two year long bull run?
You cannot use some model that is not even very comparable to straight jacket deee honey badger....
even though perhaps early 2013 would be the closest.. in terms of total circumstances, but you cannot look at just some aspect to try to argue similar levels, because each time is going to be different.. remember how fast early 2013 went up and also how fast it went down, and then it got stuck for more than 6 months... We are not quite there, and we are not quite there... you are attempting to constrain the honey badger and he does not like your efforts.
Honey badger can see what you are trying to do to it:
February 05, 2018, 04:58:40 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
Lets settle around 3 k - that was the support level from where we started to 20 k
February 05, 2018, 04:58:09 AM
Did everyone sell yet? Theyre waiting on you. They wont buy until you sell. At least sell a coin or two and take one for the team.
hahahaha
Fair enough proposal, Tera numero dos. I just cannot get my nervous little bull hoofs to click on the sell button at these seemingly "on sale" price levels.. they just won't cooperate.
So what is the reason for this huge huge drop. Seems a bit extreme.
Seems like a 95% or greater chance that bitcoin is really, really, really 100% dead this time. okey dokey?
I have to talk in percentages, otherwise you won't understand me.
February 05, 2018, 04:50:08 AM
Let’s see what we have in history - picking only long grinding crashes that have lasted more than 7 weeks. We are currently on week 8.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
June 2011: 94%
April 2013: 79%
December 2013: 87%
I think these are our only comparable data points but happy to be corrected. This is not a flash crash.
On this basis we should assume a final price between 79% and 94% down. Let us be conservative and say 75% to 95% price decline.
On this rationale we should buy aggressively between $4,900 down to $980. Perhaps we should start earlier than $4900 so as not to be greedy but not too much if we believe the model.
February 05, 2018, 04:49:51 AM
Almost at the bottom of friday.
February 05, 2018, 04:45:56 AM
its touching the daily SMA200. next 24h critical
February 05, 2018, 04:36:58 AM
https://www.youtube.com/watch?v=kANR7NrPzSk
They always watch, they always, lie, they always control, and the sheeple always listen, who sold at the bottom?
They always watch, they always, lie, they always control, and the sheeple always listen, who sold at the bottom?
February 05, 2018, 04:30:52 AM
Here we go. this is going to hurt
Jump to: