Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18643. (Read 26706921 times)

Huge mempool backlog currently

Ok.. fair enough.. and yeah, you have been consistently pumping ETH, but past performance and extrapolating possible future performance does not justify getting in at this particular price point.

The fact of the matter remains that there are several very significant problems with the centralized control of ETH.. and sure, it could get pumped another 10x or more, but that doesn't make it a good investment given the considerable (and seemingly greater downside risk in having your fate controlled by various ETH manipulators and hype machines).

Yeah, could have made a killing in price, but I don't really have any regrets about not getting into scammy ETH (and I am not denying that it can contribute a variety of technical innovations and even other social and economic innovations).  I feel good with my BTC investment and keeping track of the so many things happening with BTC, whether it balloons from this price or not.. I don't really give a shit.  I am not in this for gambling or short term profits, even though profits can be nice and even icing on the cake that makes me excited about being here and getting paid while I would have been here whether it was as profitable or not as profitable....

For example, I would have continued to stay with BTC, even if my portfolio had stayed about 50% in the red.  Anyhow, the icing on the cake is that it became a lot more profitable than my relatively conservative projections and did more than a 3x price increase from it's floating in the $230s.  Anyhow, my conservative scenario also still has accounted for various seemingly pie in the sky bullish price scenarios.  But bitcoin is not merely about price, but it remains about decentralized, immutable and permissionless system that has a considerable momentum at the moment, even if prices gets stuck in some kind of $400 to $700 price territory for a few years. (but I doubt it is going to play out like that).

$32,000 tomorrow I hope

I agree.. we are generally on an upward trajectory.. and there are also likely quite a few newbies considering jumping in and they are nervous about it... but they would likely feel pretty decent jumping in anywhere in the lower $600s, and they may even feel relatively comfortable jumping in the upper $600s, especially after it was only about 30 hours ago (at the time of this typing) that we witnessed $725 (briefly, but we did also experience several hours of supra $700, too)

They almost killed Kenny!

and it's gone the second the dragon moved up

BTC4k ask wall on finex @ $692 or do we only talk about how great etherpoop is?

it's 02:45 in East China .. and 5 hours less in West China ... so 21:45 in West China ( but still 02:45 ) .. Meaning daylight just ended 20-30 minutes ago. But Japan and Korea wake up in 2-3 hours as well. Australia and New Zealand are already trading!

There you go, Pumpy.  I feel a little better, now that you are back to your normal nonsense talk.   


By the way, which auction are you referring to?   The Australian one, or something else? 

There are a lot of things going on in bitcoin, so one event is not likely going to significantly reverse the price trajectory that we currently are on..... but, yeah we certainly need to see how the BTC battle (assuming that there is going to be one) plays out in the $750 to $850 price arena.  And, yeah, when we are in that price arena, there could be a large number of negative news events, and even FUCD spreading that is going to tip the positive trend towards a short or medium term price reversal... and yeah, in some seemingly less likely (but not impossible scenarios) we could also become stuck in the sub $850 price territory for a considerable amount of time...

lol, im talking about before the ath btc had.. there were many experts all saying how BTC was shit etc
if only u hedged when i told u about eth and my plans in january...eth was under $0.80 , if u spent even 1btc u wouldve been on 15+ today ...soon ETH will cross $20, then $50 and even $100 and hopefully at some point your attitutde towards ETH will change and u buy some..before it hits $1k+ lol
anyway, im not arguing with u, u my m8    

the bearish case:

weak hands are holding profitable trades, they are likely to exit their position prematurely. poeple get nervous during a correction and start taking profit as it drops, at 620 they are still profitable + they are nervous as hell; 700 to 620 is one hell of a drop, and that'll make most poeple sick... they will DUMP and take profits at 620 in a panic, so we might see 599 briefly and then go back up as this false sense of panic dies down and the weak hands have been shaken out.

but seeing how 599$ is a bit of a pipedream ( are we Actually going to see a bunch of newbie take profit in a panic? probably not... newbies got POWN 3 months ago ) .... 600's is a Gr8! entry point.

When China wakes up, moon?

Correct.

Thats a huuuuuuge coffee to gooooo!

  that does look very similar

But yeah if you're going to short before the halvening and brexit you're gonna have a bad time

Your logic is not adding up, here.  People who were bullish about bitcoin on the way down from $1,200 to $200, have more reason to be bullish under these current market conditions, and none of these folks were likely buying into the talking points about BTC being either a scam or a ponzi scheme. 

In other words, Pumpy, it appears that some of your circuits are crossing, and you are mixing up your various generalizations into nonsensicalness.         

F U !!!

BTC going up was good, it made me alot of profit recently ( coz i did do a x15 from eth   ) then my BTC doubled in value.
dude i hope you are prepared....fiat or ETH when you cash out lol
btw watch out for bigger dump soon...auction.
 

Jesus F'ing Christ what a f#@$Fest massacre! Bear rape dominatrix style!  ... Everyone cheers when the bear is impaled on a spike!