Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26068. (Read 26629375 times)

time to kiss $500 goodbye

"nice"    hahahahahaha..... They's too scared to just dump BTCs.. that is why they's be creating these invisible walls.   

most likely bitcoin will die in 1-2 years

vuduchyld:  I am using your above response as a springboard for my below comments, and I am NOT directing anything specifically at you, since I already have come to understand that you and I have very similar ideas regarding our investing strategies in BTC.

Nonetheless,  let me say:::: 2020 is nearly 5.5 years from now, and it seems a bit too long term regarding whether one should keep buying today, or hodl or sell.  I mean a person does NOT really need to commit to that long of a time period in order to be bullish about BTC in the "long term."

BTC seems like one of those kinds of assets that any investor would need to reassess about every couple years, and these days to assess the various potential competitors to the extent that they may be evolving, yet I believe that currently  a person can make a pretty solid investment commitment decision for a 2-3 year time-frame and to consider that 2-3 year period as fairly long term.. b/c at the moment BTC does NOT have any real meaningful competitors.

Don't get me wrong, I am bullish about BTC long-term and I am planning to stay invested in BTC as long as it appears to have long-term potential and it is NOT getting beat out by any competitor crypto, but in bitcoinlandia, 5.5 years is nearly the whole life of BTC.. so in another 5.5 years, BTC will be 2X.... that is if BTC is still alive and well at that time. 

You know several trolls mention some silly-ass stupid ideas about where bitcoin will be in 100 years or some other time period way into the future.  Sure it is o.k .to have visions about the long term and sure it is o.k. to have a long term plan, but really, BTC is a new space.. .and therefore the farther into the future that one is attempting to prognosticate, the less need to attempt to predict specifics b/c many variables can project specifics into vastly different trajectories.

And probably several of us who remain bullish about BTC remain of such disposition based on BTC remaining the main game in town in light of the competition, and even though several people are spouting off regarding the competition  and the potential of the competition, the competition remains mere distractions and it is likely that these downward whale manipulators are only going to be able to keep the cap on BTC for so much longer.. whether they can achieve this for a month, 6 months or longer than a year, many of us will continue to hang in their with our BTC investment, absent some material significant negative change in BTC fundamentals.

http://www.zerohedge.com/news/2014-08-29/time-ripe-false-flag-attack-american-soil

Yay!!

nice points!

Explanation

1. Winklevoss will be shot down... agreed. But I am saying that as a former law student. All of the "analysts" say that it will go through and so that conventional wisdom should be used as the current peg especially given the ability to just use tight stop losses.

2. GABI is partially priced in and will not be the boon we wished it was. That said, it should feature some upside in buy activity, even if the purchases are off the market, because the coins accumulated would have otherwise been dumped on the exchanges. Thus, this brings upward pressure.

3. Dubai is another market... it's a good thing... not a huge thing. Dubai and re-expanding into Japan might help patch the issue of new users temporarily, but coins are being mined a lot quicker than newbies come in and so many get burnt early and develop an aversion. Thus, we have a problem of an only marginally expanding base coming in the next year.

4. OpenBazaar is both an Ebay and a Silk Road. The founders of it won't say that because they aren't trying to incur legal liability and are trying to play the role of decentralized middle men. But, it is a dark market... that's what happens in dark markets. That may breathe some life into this whole gambit for a little longer.

In a nutshell... we should be higher at this specific moment in time. As far as a few months from now... that could be a disaster. A few years from now... a total f---ing disaster.

Winklevoss ETF will actually be shot down
GABI is already priced in
Dubai exchange won't create any thing new
OpenBazaar is interesting looks like a bitcoin accepted EBAY

OpenBazaar will be like a Silk Road that no one can shut down.

A big hidden ask wall has been selling on Bfx for 6 hours at 500.27.

It was nice of him not to just dump. 

OpenBazaar started today, right? So we have Arab money, GABI, OpenBazaar, and more. Price really is bound to rise. Overthink at your own peril.

I understand the worry, but I don't think these things have lasting impact.  Hell, even if the price dropped to $200, it wouldn't change my 2020 outlook.  And I'll be hodling.

we just did drop to $498 few hours ago and will drop into $4xx again soon

Explanation

All the designs I have posted have been created in Illustrator so the vectors scale to whatever size (you can have it on the side of a building if you want). 

My husband is a graphic illustrator, so (again) if anyone has requests let me know.  I can supply the vectors for a small fee, if you prefer to use your own printing service.

nan
x

Explanation

Explanation