a little something for Bob
huh!
never seen that pokemon...is it a trainer or somthin?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15819. (Read 26610749 times)
November 19, 2017, 04:28:37 PM
huh!
never seen that pokemon...is it a trainer or somthin?
November 19, 2017, 04:26:23 PM
* bitserve thinks toknormal didn't receive the memo with bitcoinPsycho's optimism chart
November 19, 2017, 04:21:00 PM
a little something for Bob
November 19, 2017, 04:20:30 PM
Anyone who sat in fiat all this year, watching bitcoin's price rise from the sidelines, got destroyed. Those are gains against inflation that they will never get back.
In fact every year that they sit in fiat and Bitcoin's price ends the year higher than it started (doesn't matter if it is by $1), they are still losing bigly, getting poorer by the year. People need to wake up, they are just not getting it. There is no such thing as too late, bitcoin is not like a traditional investment, it is deflationary money.
In fact every year that they sit in fiat and Bitcoin's price ends the year higher than it started (doesn't matter if it is by $1), they are still losing bigly, getting poorer by the year. People need to wake up, they are just not getting it. There is no such thing as too late, bitcoin is not like a traditional investment, it is deflationary money.
November 19, 2017, 04:16:15 PM
So far this year since July bitcoin price has stayed within the channels of this pitchfork drawn on a log scale chart:
The trend lines suggest a mid-term top around $9000 followed by a correction back to $7500. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.
The trend lines suggest a mid-term top around $9000 followed by a correction back to $7500. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.
I cringe whenever someone talks about profit taking in regards to exchanging bitcoin for fiat. Bitcoin is not a stock. I don't know how people sleep at night with their money in fiat.
Bingo. Whenever the price of fiat rises to a peak, I take my profit by buying more Bitcoin.
November 19, 2017, 04:14:54 PM
I don't see why it would fall below $5600 when last weekend was a major FUD already. 
It isn't FUD that crashes markets, it's technicals.
November 19, 2017, 04:12:08 PM
So far this year since July bitcoin price has stayed within the channels of this pitchfork drawn on a log scale chart:
The trend lines suggest a mid-term top around $9000 followed by a correction back to $7500. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.
The trend lines suggest a mid-term top around $9000 followed by a correction back to $7500. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.
I cringe whenever someone talks about profit taking in regards to exchanging bitcoin for fiat. Bitcoin is not a stock. I don't know how people sleep at night with their money in fiat.
November 19, 2017, 04:09:03 PM
I don't see why it would fall below $5600 when last weekend was a major FUD already.
November 19, 2017, 04:05:34 PM
Different times. Now bitcoin has 10 times more recognition
Well it's got 14 times more price. (of 12 months ago).
Not different times. A spike is a spike and it's heading back to 2k or lower for consolidation before the next wave.
Just be glad if it's 2000 and not 200.
November 19, 2017, 04:03:18 PM
Tok, if that happened I would expect people to be selling blood plasma for cash to buy that dip.....
It feels like that now but when sentiment turns around, all anybody can think of doing is offloading for the highest price as poss. It doesn't take many sellers to create a huge retrace, just as long as there's more of them than buyers. In a bear market the buyers just bide their time.
We've always had 70-90 percent retraces after a huge runup.
Different times. Now bitcoin has 10 times more recognition, millions join monthly to buy and hodl, most new buyers are not buying in for short term profit. Institutional investors join in soon, they won't dump, they hodl as well.
Also, https://blockchain.info/charts/market-price?scale=1&daysAverageString=7×pan=all shows that we are not in a bubble, like those big retrace events before.
November 19, 2017, 03:59:37 PM
So far this year since July bitcoin price has stayed within the channels of this pitchfork drawn on a log scale chart:
The trend lines suggest a mid-term top around $9000 followed by a correction back to around $7900. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.
The trend lines suggest a mid-term top around $9000 followed by a correction back to around $7900. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.
November 19, 2017, 03:52:20 PM
Tok, if that happened I would expect people to be selling blood plasma for cash to buy that dip.....
It feels like that now but when sentiment turns around, all anybody can think of doing is offloading for the highest price as poss. It doesn't take many sellers to create a huge retrace, just as long as there's more of them than buyers. In a bear market the buyers just bide their time.
We've always had 70-90 percent retraces after a huge runup.
November 19, 2017, 03:51:49 PM
You'll never see below 5k again
careful, Bitcoin is a fickle and tempestuous mistress
November 19, 2017, 03:44:38 PM
5k in december 
November 19, 2017, 03:43:52 PM
You'll never see below 5k again
Wouldn't go that far. But still glad I bought my stash well below 1k. November 19, 2017, 03:35:02 PM
You'll never see below 5k again
November 19, 2017, 03:34:08 PM
Tok, if that happened I would expect people to be selling blood plasma for cash to buy that dip.....
November 19, 2017, 03:33:13 PM
Bounce off 9500, then back to 1200 for the bottom spike, stabilise around 2500 with several month drift down to 2100 before the next surge ?
November 19, 2017, 03:33:01 PM
damn dude!....that makes the WOPCOP a frikkin pipe dream.....
November 19, 2017, 03:29:03 PM
Bounce off 9500, then back to 1200 for the bottom spike, stabilise around 2500 with several month drift down to 2100 before the next surge ?
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