Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25718. (Read 26609713 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Feels so obvious that this is a buying point that probably the opposite will happen

you are too invested to decide whether is it a buying point or not, I see that you are emotionally attached to your investment, a best move would be to lower your risk if you are not at a loss yet, but if you are then accept the consequences and hope for a fast recovery.

Actually, that is NOT bad... for once in a while mmitech said something a tiny bit helpful..

If a person is over-invested, then s/he should lower the exposure....... I agree with that.... even though this particular moment may NOT be the best time to accomplish such.. ,, but it is good to plan for lowering exposure in order to NOT be so emotionally attached to whatever you are doing in your trade.
full member
Activity: 157
Merit: 100
People complain about bulls/hodlers as being greedy and delusional. Well now its the bears turn to be greedy and short-sighted.

Instead of FOMO fueling a bull market, we have here ROMO (regret of missing out) cheering this bear market. We have all the people who were mad they missed out on the price rises the past years.
The early adopter Hero Members, Legendaries, and even some Moderators who sold way too early and are butthurt that these newbies could come in and make all this money, when the newbs haven't even been here as long as them. Then the other group of late arrivers who never had the chance to purchase sub $300 coins. They complain about distribution of coins and how unfair that is to them, and love the trolls who are just here to bash Bitcoin.

The bears are banking on it reaching "their" price, the price they feel they deserve to buy at, and then, only then will the price rebound and the moon is allowed to happen. They cling to the TA that tells them the price "must" go down because CAPITALIZATION and COILED SPRING, just as much as the bulls cling to their exponential price curves.

The bears think the price will rebound because it has too, that is what is supposed to happen. Never once contemplating maybe if the price actually reaches their perfect bid, Bitcoin would be irrevocably harmed, to the point that no one gives a damn, and no one wins.

This too shall pass. Maybe Bitcoin is stronger than all this and the bears will get their prices and then everyone will be a bull and $100000 coins are here by December.

Yep that's whats going to happen, right bears?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
this is going to be a long weekend.

if rpietila is calling final capitulation wait for 266 at least. Cheesy


HELLO?Huh

He is preparing for it... NOT calling it... ..


You bear trolls seem so inclined to take a mile when you get an inch.

OOFTA!!!!   Roll Eyes
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Because my overinvested investments are underwater I have to invest alot more to hedge..

I wonder how this will end...

Don´t! Honestly, just don´t . Don´t start leveraging before you see a definite trend reversal. Catching knives with leverage is stupid as fuck.

I don't see myself having much choice here

I initially sold at 520 but for some reason bought back at 520 days later. If I would have just literally waited ONE MINUTE I would be all good and would be making alot of money right now because it immidately went down later and I would had no plans to buy back in in case it would go lower

You can wait 1-2 weeks more? Srsly, why do you want to go leverage long in a massive cowntrend? I don´t even say that you should sell your BTC. But leverage long right now is the way to lose everything. I wouldn´t start any fresh leverage position right now. If you´re in a green short from above 420$ you´re probably ok, when you have set your losses. I would rather recommend to gamble on black/red roulette in a casino thatn leverage long right now. But that´s just my opinion. Be careful

At what price would you say is a clear trend reversal? 500? 550?

Wait for a massive volume downspike and after it shoots up at least 25% and stays there for a time, and everything else looks bullish that´s the time when you wan´t to go all in. This could be at 150-350$. Probably t30%lower than in your worst expectations. Cheesy You´ll know it then you see those 3-4k BTC buys happening

Podyx has to decide for himself whether he wants to leverage or NOT and whether he wants to buy on the way down or buy on the way up... I think Podyx already knows the concept of buy on the way down and sell on the way up...  but surely there are variations in investment strategies.. and Podyx needs to find his comfort.. and take with a grain of salt any advice from public forums like this... ..

We are NOT investment advisors and we are NOT able to see his whole investment package, even though he had given us several specifics.. .

JayJuanGee, someday when you expect it at least, i will stand right behind you and kick you in your nuts! Thanks for your kind words. They were as always very enlightening! Cheesy

You have already figuratively kicked me in the nuts (from behind) several times - NOW you are considering accomplishing the same, "literally."   Fuck my life.   Sad Cry
legendary
Activity: 1159
Merit: 1001
is crypto done??  Huh

legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Feels so obvious that this is a buying point that probably the opposite will happen

you are too invested to decide whether is it a buying point or not, I see that you are emotionally attached to your investment, a best move would be to lower your risk if you are not at a loss yet, but if you are then accept the consequences and hope for a fast recovery.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
rpietila has now admitted that this might be the final capitulation.

Quote
it's perhaps the final capitulation.

Even the permabulls are starting to see the truth.

When I read that he finally admitted something I tough about something totally different.

What?  you don't want to sling any mud... ?    That's fine...  A little mystery can be good.  Cheesy
legendary
Activity: 1232
Merit: 1011
this is going to be a long weekend.

if rpietila is calling final capitulation wait for 266 at least. Cheesy
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
rpietila has now admitted that this might be the final capitulation.

Quote
it's perhaps the final capitulation.

Even the permabulls are starting to see the truth.

You are likely citing out of context (that's why you provided only a snip-it).... All fun and jokes, I suppose. Roll Eyes

I have very little commented Bitcoin's price during the last months. It is soon 7 months that I bought my shorts back and now I am just waiting the price to rise, to enable me to sell and gain financial resources - or not rise, in which case I continue to concentrate on forum education and less money-consuming activities.

The buyback average in 2014-2-25 was $449 and the low $382. So we are now at about the same price. This time it feels worse, because the spring that compresses in flashcrashes and catapults the price up, seems to be broken.

If it is broken, then it's perhaps the final capitulation.

Nobody should employ an investment strategy with stop-losses. That is idiotic. If you don't think the investment is valuable (and thus becomes better when it becomes more undervalued), why the heck should you buy it at all? There are valuable things in the world that you can buy instead.

Nobody should gamble more than he can afford to lose. By following this, I am able to wait the price coming down, and at $300 I'll probably cut excess spending, at $200 refocus my time on earning money instead of fooling around and at $100 buy more bitcoins with my renewed positive cash flow.

Interesting to see how it works out. Have to say I am not a major player in this and that is due to another coin that is more mentioned in the Altcoin observer thread.

Well, it is good to see the context of that Risto quote... and if you think about the quote in context, Risto seems to be pumping Monero as much as he is referring to a possible BTC capitulation..

Maybe he really believes that bitcoin is NOT springing up in price like it used to do, but really seems stupid (or at least irritating for me to read) in context for him to be suggesting a potential downfall of btc before Monero has really taken a solid stance...

Personally, it seems that he is trying to hedge his bets in both BTC and Monero.. while taking other precautions in the event that BTC prices continue to fall and therefore, he seems to currently be preparing to buy more BTC in the $100s, if BTC prices were to go to such low levels.
legendary
Activity: 1078
Merit: 1441
Feels so obvious that this is a buying point that probably the opposite will happen

I will have a few here at sub $400 .... and see how we go... still eyeballing $342 ish.




newbie
Activity: 20
Merit: 0
what's going on guys


396 Sad wow
sr. member
Activity: 269
Merit: 250
Feels so obvious that this is a buying point that probably the opposite will happen

At the rate things are going at least we will have answers sooner rather than later.
Better than all this waiting for something interesting to happen
legendary
Activity: 2338
Merit: 1035
Feels so obvious that this is a buying point that probably the opposite will happen
hero member
Activity: 504
Merit: 500
Moderator
Because my overinvested investments are underwater I have to invest alot more to hedge..

I wonder how this will end...

Don´t! Honestly, just don´t . Don´t start leveraging before you see a definite trend reversal. Catching knives with leverage is stupid as fuck.

I don't see myself having much choice here

I initially sold at 520 but for some reason bought back at 520 days later. If I would have just literally waited ONE MINUTE I would be all good and would be making alot of money right now because it immidately went down later and I would had no plans to buy back in in case it would go lower

You can wait 1-2 weeks more? Srsly, why do you want to go leverage long in a massive cowntrend? I don´t even say that you should sell your BTC. But leverage long right now is the way to lose everything. I wouldn´t start any fresh leverage position right now. If you´re in a green short from above 420$ you´re probably ok, when you have set your losses. I would rather recommend to gamble on black/red roulette in a casino thatn leverage long right now. But that´s just my opinion. Be careful

At what price would you say is a clear trend reversal? 500? 550?

Wait for a massive volume downspike and after it shoots up at least 25% and stays there for a time, and everything else looks bullish that´s the time when you wan´t to go all in. This could be at 150-350$. Probably t30%lower than in your worst expectations. Cheesy You´ll know it then you see those 3-4k BTC buys happening

Podyx has to decide for himself whether he wants to leverage or NOT and whether he wants to buy on the way down or buy on the way up... I think Podyx already knows the concept of buy on the way down and sell on the way up...  but surely there are variations in investment strategies.. and Podyx needs to find his comfort.. and take with a grain of salt any advice from public forums like this... ..

We are NOT investment advisors and we are NOT able to see his whole investment package, even though he had given us several specifics.. .

JayJuanGee, someday when you expect it at least, i will stand right behind you and kick you in your nuts! Thanks for your kind words. They were as always very enlightening! Cheesy
sr. member
Activity: 269
Merit: 250
nice bears, no one will believe in cryptocurrencies again. no one will invest in this bitcoin anymore.. nice move. and no, im not fallling, i had faith a long time in bitcoin.. congratz

Totally agree... I really believed in Bitcoin, and the fact that a non - government issued currency can survive, but now it is totally obvious that it can't. I hate to admit exactly now when I have some bitcoins and lots of BTC related projects, that Bitcoin is doomed to be gone forever.

There are more than 13.200.000 BTC already out in the market, yet a few thousands of them (like 1-2.000) can bring the price so drastically down. I am sure that US and other governments now are watching this amused because it is the end no doubt about it. It doesn't even matter if the price goes back to 500, 1000 or whatever. Once it is proved that it can be pushed down with less than 1.000.000 USD, bitcoin is worthless.

Try to manipulate USD exchange rate with investing 1.000.000 USD... the market won't even blink. But bitcoin is totally different, you can totally destroy it with this small amount of money.

EDIT: for those idiots who think that this is a good way to buy "cheap" bitcoins: once the market will lost faith in this coin (and this is happening totally now), it doesn't matter how "cheap" you buy something which is worthless.

BS

The argument makes no sense because by that logic you can also push the market up.
It is unlikely the real whales will let their speculative toy be destroyed. They are more likely just out to collect some bacon
newbie
Activity: 38
Merit: 0
bagholders of the world unite!


copper member
Activity: 2898
Merit: 1465
Clueless!
Come on $100 !!!!!!!!  Let's see how long it takes KnC & the other corps to close their datacenters  Cheesy Cheesy Cheesy Cheesy Cheesy

Hope it stays down for months..................   Grin

well their is that rainbow after the storm..if btc goes to 100 usd at least I can see the satisfaction of BFL and KNC going poof

me...heh...i still have a miner with the pretty lights and whirly noises...and now it is just an 'eccentric hobby' like bass fishing boat

(heh denial it is all I will have left)

legendary
Activity: 1078
Merit: 1441
nice bears, no one will believe in cryptocurrencies again. no one will invest in this bitcoin anymore.. nice move. and no, im not fallling, i had faith a long time in bitcoin.. congratz

Totally agree... I really believed in Bitcoin, and the fact that a non - government issued currency can survive, but now it is totally obvious that it can't. I hate to admit exactly now when I have some bitcoins and lots of BTC related projects, that Bitcoin is doomed to be gone forever.

There are more than 13.200.000 BTC already out in the market, yet a few thousands of them (like 1-2.000) can bring the price so drastically down. I am sure that US and other governments now are watching this amused because it is the end no doubt about it. It doesn't even matter if the price goes back to 500, 1000 or whatever. Once it is proved that it can be pushed down with less than 1.000.000 USD, bitcoin is worthless.

Try to manipulate USD exchange rate with investing 1.000.000 USD... the market won't even blink. But bitcoin is totally different, you can totally destroy it with this small amount of money.

EDIT: for those idiots who think that this is a good way to buy "cheap" bitcoins: once the market will lost faith in this coin (and this is happening totally now), it doesn't matter how "cheap" you buy something which is worthless.

BS
legendary
Activity: 1078
Merit: 1441
hero member
Activity: 672
Merit: 500
I don't know how to explain this again: THERE WILL BE NO MORE BUBBLES. You have to understand that pushing down the price so many times it's not healthy, and it's just a question of time when it will not raise again. It can't go forever, market will loose its faith in it

No, faith is increased every time bitcoin is dumped then bounces back.


Right, all these crashes are actually good news. This is good for Bitcoin.
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