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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17262. (Read 26608500 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
a few days ago it was like a pump to 1700
now its like a dump to 1700
A few days ago it was a dream to say we would ever hit $2000 this year.

In a few years we'll be crying about a dump to $9000. Just bookmark this page and read all about it years from now Cool we all know Bitcoin is about as random as it gets with price, nobody could have accurately predicted this price rise and have made the prediction believable at the same time.


Of course, no one is going to predict exactly the specifics, but there are a range of probabilities that some people will be more accurately predicting one scenario or another.

These performances are a bit beyond my previous expectations, but they are also within my previous expectations.

Same thing would be true, if the BTC price were to rise to $20k before the end of the year.  I would put such expectation at less than 1% chance, but if such $20k were to occur before the end of the year, I would be surprised and shocked and amazed, but I would also understand such situation to have been a real possibility.

On the other hand, if folks attempt to predict future scenarios with any degree of certainty, then there is something wrong with their framing and their thinking.. because another possibility is that bitcoin prices could be below $300 before the end of the year.  Currently, I would place such possibility at less than 3%; however, it remains possible, also.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Sorry hodlers, but I just sold out to FIAT... I am expecting at least a small correction soon.

Maybe we go back up after a small correction, or maybe there is a large correction looming.

I think I will buy back after the small correction, and curse the gods if there is a large correction.  Cheesy

It's not a bad price to sell... the only risk is if you will be able to get onto the train again. Who knows...

Anyway it's good that some people get out of the train now better than later when the correction could be worse. We need people to sell to have a healthy rise.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
^maybe you are an idiot? :-D //^see ya at 2500!!!

Maybe I am, maybe I am not. I suppose we will find out soon...  Kiss

Either way, I think I will be happy with whatever happens. I am not greedy.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
Sorry hodlers, but I just sold out to FIAT... I am expecting at least a small correction soon.

Maybe we go back up after a small correction, or maybe there is a large correction looming.

I think I will buy back after the small correction, and curse the gods if there is a large correction.  Cheesy

^maybe you are an idiot? :-D //^see ya at 2500!!!
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Sorry hodlers, but I just sold out to FIAT... I am expecting at least a small correction soon.

Maybe we go back up after a small correction, or maybe there is a large correction looming.

I think I will buy back after the small correction, and curse the gods if there is a large correction.  Cheesy
legendary
Activity: 2842
Merit: 1511
You need to think that* through.

*relying on a third party to authorise your transactions.

It wouldn't require entrusting stuff to a third party. Your keys would be shared between two devices and you'd need both to sign a transaction. I think this was the paper: https://eprint.iacr.org/2014/629.pdf
member
Activity: 110
Merit: 26
I do not have a Telegram or Skype account.
Armory still the best. Rewards the effort with unbeaten security and subtlety like coin control. Master seed can be split onto two stamped steel plates then stored in separate bank vaults in two different jurisdictions.

Talking about secure wallets, are there none with 2FA? I thought I remember reading about a technique that would make this possible. Signing transactions with Authy or the like would be awesome.

You need to think that* through.

*relying on a third party to authorise your transactions.

legendary
Activity: 2842
Merit: 1511
Armory still the best. Rewards the effort with unbeaten security and subtlety like coin control. Master seed can be split onto two stamped steel plates then stored in separate bank vaults in two different jurisdictions.

Talking about secure wallets, are there none with 2FA? I thought I remember reading about a technique that would make this possible. Signing transactions with Authy or the like would be awesome.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
a few days ago it was like a pump to 1700
now its like a dump to 1700
A few days ago it was a dream to say we would ever hit $2000 this year.

In a few years we'll be crying about a dump to $9000. Just bookmark this page and read all about it years from now Cool we all know Bitcoin is about as random as it gets with price, nobody could have accurately predicted this price rise and have made the prediction believable at the same time.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
RSI is really overbought on the daily Bitstamp chart at 90. Last time RSI was 90 was back on January 3 the day before we had a $389 drop. $1780 was also an important Fibonacci extension. 

^bitcoin defies any logic and reason ~ your tea leaves are failing!! \_@@_/weee
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
a few days ago it was like a pump to 1700
now its like a dump to 1700

^more like accumulate under $2000 !! Shocked ~bitcoin to $5000 now? hmmm
legendary
Activity: 3388
Merit: 3514
born once atheist
a few days ago it was like a pump to 1700
now its like a dump to 1700
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Price target of this week; $1600-$1800.
That is a pretty broad range.
It is, and so was $1200-$1600 and yet here we are.

Mission accomplished  Smiley

My crystalball tells me now that the price will go to max $1900 followed by a decent $100-$200 weekend dump.



O.k.  That is a bit better because it is a bit more specific, and I tend to agree with the decent likelihood of your prediction.
legendary
Activity: 1260
Merit: 1116
Good morning, gentlemen.  Still at it I see?



The good ole days.

I hope we can laugh about it now. He really was a professional.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I have so much worthless fiat in my bank account, but Bitcoin seems too expensive to buy now. What a dilemma.

Sounds as if you are gambling too much and waiting too much.

You should create a plan in order how to invest that fiat and at what price points.

Let's say for example, you have an investment fund that includes the fiat in your bank that is about 50% bitcoin and about 50% fiat.... and maybe your dollar amount is $10k  (just using a round number).  Then, for example, you might allocate $2,500 to invest right away, and $2,500 to use for dollar cost averaging purposes - meaning to invest about $475 per month for the next 6 months, and then the remaining $5k would be held to attempt to time and to buy on a price drop.

I just gave one example... there are a lot of ways to devise a comfortable plan that makes you feel as if you have sufficient stake in the game and that you are not too much allocated in fiat.
legendary
Activity: 1512
Merit: 1012
member
Activity: 75
Merit: 10
Is it me or do those walls around $1800 look a lot steeper than they did yesterday? Thoughts...
legendary
Activity: 1512
Merit: 1012
hi guys, why isn't Bitcoin up another $100?

Bank are slow to proceed wires.
hero member
Activity: 784
Merit: 512
Congratulations to all hold baggers.  If the fiat system were to collapse tomorrow, the premiere global digital payment system is now bit....litecoin.

Lost money on any precious metals today?

So sad about the precious metals. Best way to not make money.

They are pretty shiny though. I still got some... sigh
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