Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16290.

Arriemoller

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Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Quote from: pfrtlpfmpf on September 24, 2017, 10:30:37 PM

Quote from: bones261 on September 24, 2017, 10:16:07 PM

Quote from: pfrtlpfmpf on September 24, 2017, 10:09:59 PM

Quote from: Torque on September 24, 2017, 09:39:27 PM

Shorts getting rekt?

i still don´t know, what "rekt" means, call me slow !

rekt=wrecked.

Thank you, but: da muss man erstmal drauf kommen

Not that that was any easier.

" Man benutzt den Satz, wenn man seine Überraschung ausdrücken will über etwas, was jemand anderes (meist eine dritte Person) gesagt oder getan hat.
Entsprechender Ausdruck: 'Das wäre mir niemals eingefallen!' 'I would have never thought of that'"

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: fluidjax on September 25, 2017, 08:35:03 AM

Quote from: BlindMayorBitcorn on September 25, 2017, 08:25:46 AM

There's always the chance we can crash and burn. Doom is always just around the corner. This is still Sparta. What can you do?

I think the most significant stuff atm

Bullish
LedgerX - Oct 4th.
Accumulation pre 2X fork, to make sure you are on both sides.
That $800 jump last week, proving someone wants to prop up the price.

Bearish.
China - (already priced in?, but could be some more bad news)
Natural price correction after over exuberance.

What d'i miss

Nothing that I know of. That's why I'm still here. I just wanted to join in the doom talk.

fluidjax

hero member

Activity: 750

Merit: 601

Quote from: BlindMayorBitcorn on September 25, 2017, 08:25:46 AM

There's always the chance we can crash and burn. Doom is always just around the corner. This is still Sparta. What can you do?

I think the most significant stuff atm

Bullish
LedgerX - Oct 4th.
Accumulation pre 2X fork, to make sure you are on both sides.
That $800 jump last week, proving someone wants to prop up the price.

Bearish.
China - (already priced in?, but could be some more bad news)
Natural price correction after over exuberance.

What d'i miss

3lli0t

newbie

Activity: 1

Merit: 0

Quote from: Meuh6879 on September 25, 2017, 07:59:14 AM

Quote from: yermom on September 25, 2017, 06:08:52 AM

Every bankster has predicted the end of bitcoin as well.
And they "know" about money

http://imagize[Suspicious link removed]ageshack.us/a/img923/4138/1l2QOL.jpg

proof : https://99bitcoins.com/category/bitcoin-obituaries/

Dear friends, almost every bankster and media declared Bitcoin as dead hundreds of times. That website is the proof. Bitcoin still rocking at 3700$ and will skyrocket by the end of the year. https://bitcoinwisdom.com/markets/bitstamp/btcusd

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

There's always the chance we can crash and burn. Doom is always just around the corner. This is still Sparta. What can you do?

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: conspirosphere.tk on September 25, 2017, 07:55:42 AM

If you "hedge into alts" you don't know what you are doing. Alts always crash harder than btc when the latter goes down.

I think I do know what I'm doing actually.

It all depends on what you're ultimately accumulating. If you're accumulating fiat then, yes it's possibly more optimal to dump bitcoin into fiat in a crash. But if you're only trading against fiat in order to accumulate more BTC then trading the ratio with an alt can be more optimal and require far less capital at risk.

Put it this way. It's worked for 3 years and and I'm not going to change the strategy now.

Quote from: yermom on September 25, 2017, 07:53:14 AM

Honestly I see no big rise.

Try this one.

https://bitcointalksearch.org/topic/m.22201819

You're all very good at consoling yourselves with all kinds of anecdotal comfort theories. Not so great at simply entertaining the stark reality that this rise may have a correction that's no different - proportionally - from all others. Go back and watch that Elliot Wave analysis again. I'm not saying it's definitely going to happen but it's at least as likely as anything else, if not more so.

Karartma1

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Activity: 2310

Merit: 1422

Quote from: conspirosphere.tk on September 25, 2017, 07:55:42 AM

Quote from: toknormal on September 25, 2017, 07:42:32 AM

I stay in crypto but often hedge into alts.

If you "hedge into alts" you don't know what you are doing. Alts always crash harder than btc when the latter goes down.

I've learned this myself the hard way and I still have to recover my losses (if I will ever succeed). I should have simply stayed all-in on BTC and I could have been a much happier guy. As I always say, mistakes happen for specific reasons and I hope I've learned this time (for good).

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote from: yermom on September 25, 2017, 06:08:52 AM

Every bankster has predicted the end of bitcoin as well.
And they "know" about money

proof : https://99bitcoins.com/category/bitcoin-obituaries/

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: toknormal on September 25, 2017, 07:42:32 AM

I stay in crypto but often hedge into alts.

If you "hedge into alts" you don't know what you are doing. Alts always crash harder than btc when the latter goes down.

yermom

member

Activity: 98

Merit: 10

Quote from: toknormal on September 25, 2017, 07:42:32 AM

Quote from: Torque on September 25, 2017, 07:33:14 AM

You can spew your delusional crap all day long, but it's not going to change reality.

Did you sell and now out of position? Trolling now are you?

No. Still hold all my coins and I generally don't trade into fiat, even when the price is falling. I stay in crypto but often hedge into alts.

I'm not "trolling", I'm just pointing out that the Elliot Wave analysis posted earlier has some basis, both from the point of view of fundamentals and historically. We've always had a 75% to 90% retrace after a big rise before going any further. Each time people say "but this time it's different" and each time it isn't.

Just sayin Wink

Let's say you are not trolling and I'm going to answer seriously

Honestly I see no big rise. You mentioned x10 rise during last year. The $1200 bubble is x10 in one month
So, if price falls to post $1200bubble levels. I can afford to buy 10 times more bitcoin than I have now without selling, and then people flash/panic buy to $27000? All of this before the end of the year? I hope so

Anyways, there are better strategies if you want to get rid of weak hands

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: toknormal on September 25, 2017, 07:03:12 AM

Quote from: yermom on September 25, 2017, 06:53:35 AM

$1500-$1600 on mid-October at most. And I mean the WORST case scenario. If it falls more than that then I'll buy all of them Cool

People in Jan 2014 when price dipped from $1200 to $800:

"$600-$700 at most. And I mean the WORST case scenario. If it falls more than that then I'll buy all of them Cool

"

Subsequent final bottom: $183

The volume by that time was smaller than it is now, and there were less users.

Massive user adoption by this year means there will be more people hodling, so the worst case is around $1500-$1800.

Each time a whale sells its coins, at least 10% of the new users will be hodlers, people who don't go all-in with a single product, and who are looking for long-term. So even if the other 90% are newbies and sell it at first panic, the whale will lose bitcoins over time, as each time it dump its coins, more new users come in due to marketing, so each dump its 10% coins being lost to hodlers, which increases the volume over time, pushing the floor up.

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours

I think the number of coinbase accounts are overrated. there are many coinbase accounts, but I bet a lot of them are unused.

I created a coinbase account for the price alert feature in the coinbase app just to find out it's not working. I removed the app and never used my coinbase account again. And I think many other people did the same thing.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: Torque on September 25, 2017, 07:33:14 AM

You can spew your delusional crap all day long, but it's not going to change reality.

Did you sell and now out of position? Trolling now are you?

No. Still hold all my coins and I generally don't trade into fiat, even when the price is falling. I stay in crypto but often hedge into alts.

I'm not "trolling", I'm just pointing out that the Elliot Wave analysis posted earlier has some basis, both from the point of view of fundamentals and historically. We've always had a 75% to 90% retrace after a big rise before going any further. Each time people say "but this time it's different" and each time it isn't.

Just sayin Wink

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: toknormal on September 25, 2017, 07:30:26 AM

Quote from: Torque on September 25, 2017, 07:26:43 AM

There are maybe 20M+ bitcoin accounts around the world.

Coinbase has 10.5M alone.

Those account for a tiny portion of the coin supply. They're also not the holders that drive markets.

You can spew your delusional crap all day long, but it's not going to change reality.

Did you sell and now out of position? Trolling now are you?

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: Torque on September 25, 2017, 07:26:43 AM

There are maybe 20M+ bitcoin accounts around the world.

Coinbase has 10.5M alone.

Those account for a tiny portion of the coin supply. They're also not the holders that drive markets.

Quote from: Torque on September 25, 2017, 07:26:43 AM

Hell, if bitcoin ever went back to triple digits I'm sure the Winklevii, Tim Draper, and Barry Silbert would be jumping in so fast to vacuum them all up.

Only because they'd already dumped into the crash further up.

Torque

legendary

Activity: 3780

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There are maybe 20M+ bitcoin accounts around the world.

Coinbase has 10.5M alone.

300,000 accounts have ~$5000 each worth of bitcoin in them.

If all those account holders can afford that much, they certainly can afford another $200.

That alone is why bitcoin will never see $200/btc ever again.

Hell, if bitcoin ever went back to triple digits I'm sure the Winklevii, Tim Draper, and Barry Silbert would be jumping in so fast to vacuum them all up. People don't remember the U.S. Marshall auction bidders all going crazy for bitcoin at ~$550/btc. They were bidding on tranches of thousands, tens of thousands.

Also, Chinese miners start losing money selling below $1800-2000/btc.

SERVERIA

member

Activity: 122

Merit: 10

Quote

I have been out of the loop for a week or two and I see peeps feeling rather pessimistic about BTCs future short term value.

People? You wanted to say trolls and sockpuppets? Undecided

yermom

member

Activity: 98

Merit: 10

Quote from: toknormal on September 25, 2017, 07:03:12 AM

Quote from: yermom on September 25, 2017, 06:53:35 AM

$1500-$1600 on mid-October at most. And I mean the WORST case scenario. If it falls more than that then I'll buy all of them Cool

People in Jan 2014 when price dipped from $1200 to $800:

"$600-$700 at most. And I mean the WORST case scenario. If it falls more than that then I'll buy all of them Cool

"

Subsequent final bottom: $183

No no. You didn't understand.

I won't sell mate

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: ljubenik on September 25, 2017, 07:05:24 AM

toknormal but then Bitcoin wasn't so widespread and didn't had so big amount of holders Cool

indeed. Which is why it'll possibly bottom out much higher this time - say $800-$1200. That would be superb, not have to go all the way back to $183 like the Elliot Wave guy says we are.

ljubenik

newbie

Activity: 1

Merit: 0

toknormal but then Bitcoin wasn't so widespread and didn't had so big amount of holders Cool

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