Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16286. (Read 26609788 times)

After all these years, I just learned that. HODL, never sell. The only action allowed is accumulate (preferably when price is weak).

But I will become more active again when my TenX card arrives. I am going to add my small contribution to the growing pool of people that actually spend cryptocurrencies in day-to-day life. Holding in crypto, spending as fiat, seamlessly.

I do appreciate that you have consistently been engaged in a level of bitcoin assessment that incorporates technical analysis, so in that regard, I cannot really accuse you of such inconsistency as losing (or selling) your BCT account; however, your recent level of extreme seems to either be talking your book (while asserting that you are not) or just pure fantasy doom and gloom.

If you are saying:  "some people are saying $200, but I don't really believe it," then that is one thing, yet it seems that you are saying:  "some people are saying $200, yet even though I don't really believe it, surely such a thing is quite realistic, if you really think about it."

I think that you are just way the fuck out there with such prognosis.

Yeah, of course, anything is possible, and sure, of course, bitcoin has gone through extreme upside growth; however, if you compare this particular growth cycle from $250 to $4980, as compared with the two cycles in 2013 that brought us from $15 to $1163, they are quite different, and this particular time around has been much more gradual in terms of percentage and in terms of slope... .. so yeah, it is possible that we could go from $3900 to $7k and then have a BIG fucking correction, but it is nearly a snowball's chance in hell that we are going down to $200, and it would be quite the stretch to bring us below $1500, even though it is quite possible that we could have some spikes below into the three digits, maybe as low as $900..

but really, what the fuck does it even matter... right now we are $3900, and we continue to have upwards price pressures and you are kind of conceding that there are decent chances of UP before DOWN, so therefore, what the fuck we focusing on DOWN, when it seems pretty decent to achieve UP, first?

In any event, there is no exact road map for where we are going to go, how far we are going to go and how long it is going to take to get there.  Sure we can concede that there are cycles and waves and all of that, but it makes little sense to be harping on only one side of the ledger (especially the negative side of the ledger in this kind of thread that attempts to teach us about bitcoin and to learn about two of the better BTC-related strategies: 1) accumulate and 2) HODL)       

im telling all my friends simply hodl 1 btc you will be millinare! :-D weee

It is very important to mix plenty of pornography into your daily regimen.

the options desk told me go play your video games bitcoin lol :-D weeee

My guess is that the best move that I can do is to keep playing videogames for the next few years while hodling.

lel

Others guys/Girls do the network job for you (or against you ...).
And sometime, a Fork append and the network "people" earn more or like you on trading.



So, if Bitcoin is only 21 Millions, we have no problem here.
Only solution for people.

Hey, I didn't say I was wrong. I just nipped over to the dark side to checkout the vista for a while

Ah  Ha... ..We have a concession folks!!!!!!    

Pro'lly due to mixing my drinks at the weekend.

Never bodes well for a bright Monday with me.

My guess is this was all just whales splashing around and if I was a smart trader I'd probably sell and buy back lower. But nope.

My guess is the Chinese have found a way around the ban and they're returning to the market somehow. Some VPN solution + foreign exchanges perhaps?

especially if work is a 9to5 monday to friday crap where the weekends are only to get rest or rekt ourselves so that we can start over and over again.

Louis-Ferdinand Céline
what changed?

Yeah, agree. Not really much buying pressure right now.

You sure have been posting a lot of nonsense lately, toknormal.

You're not credited with activity in here. It's how we keep out the riffraff.

$200 coins would probably not be good for bitcoin.


I have trouble imagining prices going below $1500, and sure it has got to get below $2500 and $2k first, which in themselves seem to be stretches, but a little more reachable.

Bitfinex stats:

27,609 BTC margin Short
16,771 BTC margin Long

Those shorts will have to cover.  Not a good situation for them.