Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16387. (Read 26711840 times)

Every day in bitcoin is some jackass trying to fabricate some type of "fact" to justify why the price should be infinity and since the price is currently not infinity, it has to be undervalued.  Nevermind the fact all crypto is designed to centralize, thus invalidating it's entire claimed fundamental value proposition.

https://twitter.com/TuurDemeester/status/909356077233221638

..and buy more if it gets lower

Hodl friend

Can someone recommend a newbie what to do now?
Sell or Hold?

Thanks

I will be joining J McAfee and sucking my own dick on youtube if this is the case!!

It is way too fucking early to be calling a bear market, merely based on cycles and random expectations.  Furthermore, there continues to be a lot of money and attention coming into the cryptospace which affects bitcoin, including whether the curve has been steep enough in the last price run up in order to justify to transitioning to a bear market.  Sure, it is possible that we have transitioned into a bitcoin bear market or that we are transitioning into such a bear market, but usually we are not going to know until we get below a certain price point, which probably would need to go below and stay below $2500 for a  period of time... surely, it is possible that Elwar is referring to some kind of extended price correction of a few months rather than referring to an actual bear market that might last longer than a year and approaching two years or more.

Sure prepare yourselves for up or down or sideways, yet I still place the odds of up to be greater than the odds of down, especially if we are considering between now and early 2018 - in other words, we are probably more likely to have another ATH before  March 2018 - and decent odds of much sooner (before the end of this calendar year) rather than changing our current upwards trend.

My gosh, we experience about a 90% price increase from $2600 to $4980 in less than a month and then  a 40% correction in the following 2 weeks - and all of a sudden the bull market is over?  Get a grip, supposedly former bulls!!!!  Zoom out a bit.  Put this matter in perspective.

Coal & Gaz.
less expensive than oil/gas.

He apparently watched the bitcoin theme song:

https://youtube.com/watch?v=lwL3yP260AQ

I'm surprised. Normally you are a permabull in just about every situation, and suddenly you had a change of heart. Weird, and unexpected, as I didn't expect you to even think of the option BTC could go the opposite way.
My opinion of you has really changed for the better now.

But why the sudden change of heart?

because the electricity to run cars comes from unicorn piss?

First the bull run for free money followed by bear phase = free money + more bitcoins.
November's gonna be great!

What did you give as reason maybe i mist something ..... sorry let me know So i can update...

Isn´t oil consumption going to go down by a lot, if electric cars go mainstream (and electric trucks)? I don´t see the oil industry exploding any time soon, because
most oil producing countries still have giant reserves that can be exploited.

@micgoossens
I´m disappointed that my reasoning for my ATH guess was not enough to get the desired * in order to compete for the 2nd price  
Nevertheless, you are running a great competition, which is a lot of fun! Thank you for running this promotion again  

On an unrelated note, the altcoin with the biggest price rise in the last 24 hours has the fitting name RISE.

starting to hear some capitulation in this thread...BULLISH!

Now there is a corridor, but from which it is more likely to go up than down. I think the market is gradually becoming bullish

Around 2020 is when the oil industry might implode in a Seneca cliff, if not sooner since something like 1/2 of the oil from the US is from these new exotic and uneconomical shale type startups.

https://bitcointalksearch.org/topic/m.21357171

I don't know Why but i Just want to make same ATH guess like last time
Rules ....: the one  with the right date of ATH gets .25 btc paid directly  (UTC time)    (closest to ATH.....)
I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st)
Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time.....
So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st)

Both answers to win must been inside before 20-09-2017
Goodluck to the ones that like This 

UPDATE listmaking                 notice a * is when the person put good enough explanation for other .25 BTC  (person with no * only play ATH or have to put little better )

19/9 rayx12
25/9 binaryreign*
28/9 khufuking
29/9 jhayzxenon*
30/9 yermom
04/10 minermannc
05/10 punisher1314*
07/10 player514*
10/10 bikerlezno*     LAST WINNER
11/10 ted e. bare
13/10 cryptoqueeen*
14/10 bitcoinaire*
15/10 ludwigvon*
17/10 shroomskit_disgrace
18/10 dakustaking76
19/10 birobob*
20/10 leowonderful
21/10 paashaas
22/10 cmacwiz*
23/10 spaceman_spiff_original*
25/10 soullyG
26/10 weltmaster*
28/10 entons*
29/10 roombot*
30/10 notme*
31/10 twocorn
01/11 YamashitaRen
02/11 orpington
03/11 Haciendo*
04/11 lilloboy
05/11 jojo69*
06/11 d_eddie*
07/11 empowering*
08/11 northyplole*
09/11 podyx*
10/11 u9y42*
11/11 starving_marvin
13/11 dotto*
14/11 hazukison*
15/11 organic*
17/11 foxygoxy*
19/11 arriemoller
20/11 drbrockcoin*
22/11 rakessh
21/11 icygreen*
23/11 erisdiscordia
24/11 oblox*
25/11 mfort312*
26/11 globbo*
27/11 lfc_bitcoin
28/11 conspirosphere.tk*
29/11 rjclarck2000
30/11 last of the v8s *
01/12 newworldcoiner*
02/12 souspeed*
04/12 sgk*
05/12 fluidjax
08/12 imbatman
10/12 fragout*
11/12 itod
12/12 lontonbit*
15/12 philivey
16/12 marcus_of_augustus*
17/12 mattimann
18/12 coincube*
24/12 bones261*
26/12 karatma1*
28/12 deathangel*
30/12 erre
31/12 elwar
01/01/2018 lewis pirenne*
02/01/2018 addressed*
18/01/2018 raja_mbz*
21/12 2dogs
22/01/2018 _javi_
26/01/2018 kurious*
28/01/2018 steelboy*
01/02/2018 cristitcm
18/02/2018 in the silence
20/04/2018 fractal universe*
15/06/2018 samson
16/08/2018 samarkand

hope to still got  everybody    LIST IS GROWING NICELY   ( hope to be sending BTC soooooon  )

Every new ath has a dump like this. July 3k - 1.8k. January 1.2k - .7k. This is just another correction.

It seems like the last ChinaFUD (of a BTC total ban + firewalling) might be exaggerated, and that's what caused this dump imho. In any case I doubt that it can be very effective.
If they try for real it will be a good test of btc "anti-censorshipness". Make your bets.

edit:
https://news.bitcoin.com/chinese-investors-to-trade-bitcoin-over-the-counter-via-telegram/