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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16977. (Read 26715874 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Poll needs real answers, please add:


Drop Below $1,750
Drop Below $1,500
Drop Below $1,250
Drop Below $1,000
Drop Below $750


You are likely correct that the poll could use a bit of an update / facelift...

Sure, various downside, upside and sideways possibilities could be listed.

We are now in about 36% correction territory from $2980 to $1900 - and ETH is in about 62% correction territory from $410 to $155 - and there is some question whether ETH is dragging down BTC or if BTC is dragging down itself with the various scenarios and uncertainties around segwit2x.

I actually had thought that ETH would correct a lot more than BTC and the bottom for BTC would be in the $1500 to $1800 territory, at worse - and that ETH would go into the $50 to $100 territory, at worse.. but now it seems that ETH is not correcting as much as I had anticipated and BTC is correcting more than I anticipated.. so I have to reconsider some of my perspective, to some extent in order to account for these different dynamics and even to incorporate thinking about what I consider to be somewhat different than expected dynamics... and such corrections that still seem to be "in progress"
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
are we going back up again ? when will we have a new ATH please someone take a SHOT at it   ( minimum 20 diffrent guesses)

the one closest to it get 0.25 BTC of me

start shooting   Cheesy Wink Grin
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
starting to look like a reversal
Reversals are usually preceded by large purchases of Litecoin.
legendary
Activity: 1260
Merit: 1000
starting to look like a reversal

It's starting to look like:

The majority who invest money in a vacuos asset like Bitcoin are certain to lose

So my plan is to look for long setups

Fucking rat cocksuckers. 6 fucking BTC trade with Stop Order
legendary
Activity: 1512
Merit: 1012
Gap rise between China Currency and others ...

legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
This has some resemblance to a "W" double bottom... But what do I know....
legendary
Activity: 1526
Merit: 1012
starting to look like a reversal
legendary
Activity: 2198
Merit: 1000
I think before I would sell off any Bitcoin at a loss, I would convert some into a handful of Premium Alts, (which I think Alts could rise as this gets closer) and ride out the storm.

If BTC to sank to zero, (I've read that it could) the search might be on for the next best crypto lol

However I don't believe there will be a 2 chain scenario, vanishing Bitcoins, etc. etc.. At the end of the day, miners, users, investors all like to see demand and a nice mooning BTC price. I am hoping common sense will prevail.  Shocked

Edit: as someone did mention, it will be important to avoid any transactions in any way the last 2 (to) 1 days before Aug 1st.
legendary
Activity: 1512
Merit: 1012
they're putting stuff in the water to turn the frogs gay?


Answer : Jurassic Park, Chapiter 1
http://jurassicpark.wikia.com/wiki/Gender_control

sr. member
Activity: 336
Merit: 250
Buy the dip is a fools errand. I'm not even sure buy the crash is wise at this point.

The "bitcoin can only go up, buy every dip!" crowd has been getting rewarded for an abnormally long amount of time, so it's inevitable a bear market rape correction sweeps in at some point to dislodge a fool and his money.


Yes, it's called gamblers fallacy. Smiley

not to be confused with the gamblers' fellatio, that usually involves a cock, a roach and some pinacoladas...

sr. member
Activity: 336
Merit: 250
newbie
Activity: 27
Merit: 0
Buy the dip is a fools errand. I'm not even sure buy the crash is wise at this point.

The "bitcoin can only go up, buy every dip!" crowd has been getting rewarded for an abnormally long amount of time, so it's inevitable a bear market rape correction sweeps in at some point to dislodge a fool and his money.


Yes, it's called gamblers fallacy. Smiley
legendary
Activity: 1260
Merit: 1000
Buy the dip is a fools errand. I'm not even sure buy the crash is wise at this point.

The "bitcoin can only go up, buy every dip!" crowd has been getting rewarded for an abnormally long amount of time, so it's inevitable a bear market rape correction sweeps in at some point to dislodge a fool and his money.
newbie
Activity: 15
Merit: 0
Let me know when were back up 2K MEANWHILE going to catch Some Pokémon for A little bit of better action
legendary
Activity: 1806
Merit: 1828

If everyone dumps at the same time, we can all rebuy at $200 and start over again?  Quick, someone call up the Winklevoss.

If everyone dumps to $200 and then everyone rebuy...... it will not be for $200. SImple math. If everyone who sold is thinking on rebuying we end up where we were before.

Not if we all add to a buy wall of exactly $200.00. It would be like a flash mob. We'll call it flash crash 200.00 Unfortunately, I'm sure there will be some whale that will set their stop loss at $300 and ruin our plans.
newbie
Activity: 15
Merit: 0

If you own coins in a wallet to which you own the private keys then after any chain split you will own coins on both chains, you can keep both or sell both, either way buying now ( and taking coins off exchange) gives you options, buying after a fork, you have to pick which chain and hope you pick the right one, or buy on both chains.

I keep all of my btc on a ledger wallet and only +-20 on kraken it Good like this or to put nothing on kraken ?

I would make sure that you move most of your coins to your ledger wallet by July 30th. Maybe earlier. Who knows if someone is going to deliberately try to clog up the mempool again. Transactions should be brisk on the 31st anyway..
Then i Will take the advice Wink
Thnx
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
By the end of August we shall have new ATH.


If you've been buying since June that's a totally understandable position. I think maybe you bought this account to talk horse shit. But what do I know.

You sold?


If everyone dumps at the same time, we can all rebuy at $200 and start over again?  Quick, someone call up the Winklevoss.

If everyone dumps to $200 and then everyone rebuy...... it will not be for $200. SImple math. If everyone who sold is thinking on rebuying we end up where we were before.
legendary
Activity: 1806
Merit: 1828

If you own coins in a wallet to which you own the private keys then after any chain split you will own coins on both chains, you can keep both or sell both, either way buying now ( and taking coins off exchange) gives you options, buying after a fork, you have to pick which chain and hope you pick the right one, or buy on both chains.

I keep all of my btc on a ledger wallet and only +-20 on kraken it Good like this or to put nothing on kraken ?

I would make sure that you move most of your coins to your ledger wallet by July 30th. Maybe earlier. Who knows if someone is going to deliberately try to clog up the mempool again. Transactions should be brisk on the 31st anyway..
legendary
Activity: 1260
Merit: 1116
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