Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28623. (Read 26713421 times)

legendary
Activity: 924
Merit: 1001
What I am finding is confirmation bias from both sides. Ignore that which doesn't suit your agenda, and select that which does.

so whose side are you on?

and also you need facts to judge confirmation bias.

why dont you count up the number of bears on this site, vs number of bulls over the last 3 days.

also try collect some number targets. you will find that bears targets are 380. cluster targets are never hit.

also try reading Ristos thread. that is where noobs take out their anger. that is where you may analyse validity of arguments.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-

You must be bullish on Ripple because it's so different thing and if IRS line is bad for BTC it would be sooo diferrent for XRP. Lol, you are one hell of the joker  Grin

BTW, I have 20 btc invested in XRP and I'm currently 30% down on it. Guess what, it's doing exactly same thing as Bitcoin, and guess why? Because it is in same group of "stocks" with Bitcoin and same group of stocks almost always follow the leader. So better pray Bitcoin to go up again  Shocked

First of all how this change anything to what I said about bitcoin and IRS ?

IRS statement concern xrp too but Ripple Network can work with this, bitcoin can't.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1372
Merit: 1000
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?

Stop quoting Mah87.  He's been full ripple since he missed the bitcoin boat...

ripple is in the same boat as bitcoin when it comes to the IRS, lets all switch to USD.

I'd rather invest in USA's pennies, considering they cost about 1/3 more than they're worth to actually make...unfortunately, the value of a penny can't increase, unlike say, a bitcoin...

Then: much loss, so claim
good call
sr. member
Activity: 476
Merit: 250

I agree, the bears are hopelessly weak, even after real implications of the ban in China.

I wouldnt say that the bulls are too strong either, but the sentiment is so bearish, especially in the circles of newbies, that the worst must be over.

given just a bit of stability, the bulls will flock back to bitcoin.

How can the sentiment be so bearish if half the posters on here are arguing the same thing that you are?


first of all... they are not.
Also look closer at the content of the arguments. you will find more fallacies in bearish arguments. strawmans, red herring, ad hominem, you name it. The people who have recently sold all their coins are newbies, and by panic too. they are always last to the party.
the hype is about the china ban. it's a fiat bubble. when the real news hits, there is one pathetic spike and no fundamental follow through.
the bear run is at lows. Im not gonna pick numbers, but there will be very little volume traded under current levels.

What I am finding is confirmation bias from both sides. Ignore that which doesn't suit your agenda, and select that which does.
legendary
Activity: 924
Merit: 1001
the bear run is at lows. Im not gonna pick numbers, but there will be very little volume traded under current levels.

I thank God Almighty that I'm not the sucker who sold 7000 coins.


sorry, not sure if you are being sarcastic there or what.

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
the bear run is at lows. Im not gonna pick numbers, but there will be very little volume traded under current levels.

I thank God Almighty that I'm not the sucker who sold 7000 coins.
legendary
Activity: 924
Merit: 1001

I agree, the bears are hopelessly weak, even after real implications of the ban in China.

I wouldnt say that the bulls are too strong either, but the sentiment is so bearish, especially in the circles of newbies, that the worst must be over.

given just a bit of stability, the bulls will flock back to bitcoin.

How can the sentiment be so bearish if half the posters on here are arguing the same thing that you are?


first of all... they are not.
Also look closer at the content of the arguments. you will find more fallacies in bearish arguments. strawmans, red herring, ad hominem, you name it. The people who have recently sold all their coins are newbies, and by panic too. they are always last to the party.
the hype is about the china ban. it's a fiat bubble. when the real news hits, there is one pathetic spike and no fundamental follow through.
the bear run is at lows. Im not gonna pick numbers, but there will be very little volume traded under current levels.
hero member
Activity: 520
Merit: 500
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?

Stop quoting Mah87.  He's been full ripple since he missed the bitcoin boat...

ripple is in the same boat as bitcoin when it comes to the IRS, lets all switch to USD.

I'd rather invest in USA's pennies, considering they cost about 1/3 more than they're worth to actually make...unfortunately, the value of a penny can't increase, unlike say, a bitcoin...

Then: much loss, so claim
member
Activity: 88
Merit: 10
legendary
Activity: 2772
Merit: 1028
Duelbits.com

Getting ready for tomorrow? Lol at the text Smiley

The problem is not chinese news it's IRS considering bitcoin as property. Anyone who got that already ? Don't you understand what's going on ? Permabull can't see ?

You must be bullish on Ripple because it's so different thing and if IRS line is bad for BTC it would be sooo diferrent for XRP. Lol, you are one hell of the joker  Grin

BTW, I have 20 btc invested in XRP and I'm currently 30% down on it. Guess what, it's doing exactly same thing as Bitcoin, and guess why? Because it is in same group of "stocks" with Bitcoin and same group of stocks almost always follow the leader. So better pray Bitcoin to go up again  Shocked
legendary
Activity: 1372
Merit: 1000
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?

Stop quoting Mah87.  He's been full ripple since he missed the bitcoin boat...

ripple is in the same boat as bitcoin when it comes to the IRS, lets all switch to USD.
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!



Pasadena train shop tax haven just spend your coins on model trains the men in black will never catch choo ! =)
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Stop dreaming the real problem is IRS and it won't disappear..
sr. member
Activity: 476
Merit: 250

I agree, the bears are hopelessly weak, even after real implications of the ban in China.

I wouldnt say that the bulls are too strong either, but the sentiment is so bearish, especially in the circles of newbies, that the worst must be over.

given just a bit of stability, the bulls will flock back to bitcoin.

How can the sentiment be so bearish if half the posters on here are arguing the same thing that you are?
legendary
Activity: 924
Merit: 1001
We havent even tested 400 yet,... Bears.. I thought u had more power...

Well this strenghthens my belief in a huge upside potential mid-longterm

Good luck all!

I agree, the bears are hopelessly weak, even after real implications of the ban in China.

I wouldnt say that the bulls are too strong either, but the sentiment is so bearish, especially in the circles of newbies, that the worst must be over.

given just a bit of stability, the bulls will flock back to bitcoin.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Some bullish thoughts:
If we enter the double digits range it´s probaby to late to sell, i can ´t see us stayin in single digits/lower double digits for more than a few days.
But hey after all, it´s the honey badger isn´t it?
 Cheesy Cheesy

Keep talking, I'd like to get a few more at cheaper prices Smiley


Who the fuck knows what is going to happen?  But I cannot see the BTC prices getting too much cheaper... unless there is some aazing new negative developments...    Maybe the price might get down close to $410... but I cannot see being able to get much lower than that... unless maybe a flash crash or something.. but even then.. seems fairly unlikely...   In other words, this seems to be about as cheap as we are gonna get.... maybe dips into the $430s..... but buy now while the buying is CHEAP COINS !!!!
sr. member
Activity: 336
Merit: 250
We havent even tested 400 yet,... Bears.. I thought u had more power...

Well this strenghthens my belief in a huge upside potential mid-longterm

Good luck all!
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Lame trolling BS
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?

Stop quoting Mah87.  He's been full ripple since he missed the bitcoin boat...

Yeah sure... =D permabull are permabull, such denial =D
hero member
Activity: 614
Merit: 500
Some bullish thoughts:
If we enter the double digits range it´s probaby to late to sell, i can ´t see us stayin in single digits/lower double digits for more than a few days.
But hey after all, it´s the honey badger isn´t it?
 Cheesy Cheesy

Keep talking, I'd like to get a few more at cheaper prices Smiley
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