Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8141.

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: eddie13 on March 13, 2020, 01:15:49 PM

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

Okay, so what do you suggest?
Some laugh, some do.

Have you sobered up? Wait for me.

Biodom

legendary

Activity: 3990

Merit: 4597

Quote from: JayJuanGee on March 13, 2020, 03:35:53 AM

Quote from: Bossian on March 13, 2020, 02:29:55 AM

To keep things very simple, we had:

-December 2017: all time high 19.5k
-January 2019: low @ circa 3k
-June 2019: lower high @ 13.7k
-December 2019: higher low @ 6.4k
-February 2020: lower high @ 10.5k (very crucial price, the bulls will buy massively if we break above)
-March 2020: lower low 4k compared to December 2019, but higher low compared to January 2019

What is worrying in this thread is the constant higher lows (19.5k - 13.7k - 10.5k), this also means we should see at least another bounce (which would be a lower high again) at some stage, around 6.4k at least.

If I could invest big money (sadly my money is stuck at Epayments right now) I would buy a lot of Bitcoin to sell at 6.4k eventually (conservative approach).

What I also think is possible is to see a lower low compared to January 2019 which would mean 1k to 2.5k area (scary but possible). But if you are mentally strong it doesn't matter, we should see 6.4k again.

probably part of the reason that you do not have money to invest on your ideas is because they are dumb.

Furthermore, you seem to be selectively treating bitcoin as if it were some kind of abstract asset, and it is not.. we have convincing price prediction models that are likely to blow your dumb theories to shame... so good luck with that.. and I hope that you, at least, have stocked away enough money to pay LFC. which you are likely going to need to do long before the deadline of your December 2021 bet ending date.

Exactly, he (and Peter Brandt) treat it like some abstract value that can fluctuate randomly when there are much better models describing it.

eddie13

legendary

Activity: 2296

Merit: 2262

BTC or BUST

Quote from: VB1001 on March 13, 2020, 12:58:35 PM

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

"The declaration would free up as much as $40 billion in financial resources to assist Americans affected by the outbreak."

How absolutely pathetic the gov and fed is.. They disgust me..

They can pump 500 billion - 1.5 trillion into the stock market, but we are supposed to be happy with 40 billion to help actual people?
What pieces of shit..

I'd rather they spent nothing and just let it all burn to the ground, right along with Bitcoin, because now we all know Bitcoin is just junk that will dump right along with the rest of the fake economy..

Did any crypto actually do its job? XMR? DASH? GRIN? DOGE?
Quick scan of CMC = NO.. All cryptos are equally junk..

Gold? Nope.. It's dumping too..

It's all fake..

Fiat fake $$$ is the winner..
The fakest of them all wins the game.. Even with massive printing happening, worthless paper is the best..

USD and toilet paper.. Both the strongest hedges against crashes..
LMAO what has this world come to.. Asswipe (TP and USD) are the champions..

2020VISION

jr. member

Activity: 118

Merit: 2

The end approaches..What are you doing to prepare?

Quote from: Wekkel on March 13, 2020, 01:08:32 PM

Looks like an excellent moment to load up on some extra coins.

daily

weekly

Return of the bull within 3-5 months.

^hangmans' formation Grin

weeeeee

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Looks like an excellent moment to load up on some extra coins.

daily

weekly

Return of the bull within 3-5 months.

Joe-Bloggs

member

Activity: 103

Merit: 18

I have jumped in with both of my feet. I told myself if I ever had an opportunity under 5k I would make sure I have an entire bitcoin. Last of my money for non essentials in and now have about 1.1 bitcoin.
I have 2 alt coins but they are worth less than 500 dollars in total. 6 months after the reward reduction I will just extract 2k dollars for the new opportunities fund. I am expecting this will result in still holding an entire bitcoin which I will hodl for my retirement fund or if it reaches the 500k USD level before I may extract 100k and use it to buy 50k gold and 50k silver.

The thing I really like about bitcoin is that they can will stick to 21 million. I am no longer worried about my fiat savings eroding now they are invested in other assets. These are high risk to some, but I view the risk to reward far easier to sleep with than the sure loss with no possible upside of accumulating fiat.

I will be watching this thread again because some members predictions had helped me increase my small bitcoin holdings by weaving in and out. I won't sell even .1 before 20k. This I believe will be in around 8 months.

bkbirge

sr. member

Activity: 1197

Merit: 482

Good to revisit the basics every once in awhile...
https://www.investopedia.com/articles/retirement/09/401k-bear-market.asp

Quote

What should you do during a bear market? If you had a long-term investment strategy in place before the markets took a dive, it's time to revisit your plan. Are your goals still the same? Is your retirement still years in the future? If the particulars of your situation haven't changed, this is no time to change your overall investment strategy.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: LFC_Bitcoin on March 13, 2020, 12:51:18 PM

Quote from: bitserve on March 13, 2020, 12:12:22 PM

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

Yeah, well, I meant besides that... ehmm... mindrust accident.

Were you able to buy at the bottom as you planned?

VB1001

legendary

Activity: 938

Merit: 2540

<>

Trump plans to declare national emergency over coronavirus pandemic

https://www.cnbc.com/2020/03/13/trump-will-hold-a-press-conference-at-3-pm-et-to-discuss-coronavirus-response.html

It will be a turbulent journey, don't forget your TP rolls.

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: LFC_Bitcoin on March 13, 2020, 12:51:18 PM

Quote from: bitserve on March 13, 2020, 12:12:22 PM

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

oh wow, mindrust capitulated at 4k? o.O

I mean sure, maybe he might be able to buy cheaper soon.

If a global recession hit, people will do a run on liquidity - just compare it with 2008/9: Metals took a big hit too before starting a bull run, so BTC dumping here is not the end of the world.

Though it is a bit worrysome how overleveraged the space is, which you could see perfectly by bitmex turning down the platform to stop the liquidation cascade and the interconnected dumping on spot markets.

fillippone

legendary

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Fully fledged Merit Cycler - Golden Feather 22-23

Quote from: d_eddie on March 13, 2020, 11:28:11 AM

Quote from: JimboToronto on March 13, 2020, 11:25:58 AM

Haiku Friday now
Instead of Bitcoin Sunday?
Or 13th only?

Weak hands RIP
Hope you don't become bitter
Like Kwuck or Roach.

Don't worry hodlers
Bitcoin will rise up again
As it always does.

+1 WOsMerit

Haikus just come out
never believed in Sundays
you deserve Merit.

Got you covered.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: bitserve on March 13, 2020, 12:12:22 PM

Ok, who sold at the bottom?

mindrust

One of our long term hodlers sadly sold everything. Hopefully he buys back in even if at a loss. 1BTC = 1BTC

Biodom

legendary

Activity: 3990

Merit: 4597

Note that despite FED employing up to 1.5 tril, bonds yields are creeping UP (and price declines).
10 year already more than tripled in yield from 0.31 to 0.96%, 30 year from below 1% to 1.577%
The 38 year bull market in bonds is most likely OVER. Think about it.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: Cryptotourist on March 13, 2020, 12:30:14 PM

... You have to be willing to loose it all first.

Well said.

Since Bitcoin markets have no nanny holding their hands, the lows can be extreme lows but the subsequent highs can also be extreme highs.

It will probably be a dull next 6 months while the market basically drifts sideways before we see action again.

criptix

legendary

Activity: 2464

Merit: 1145

Hey fam,

i hope everyone used the fuck up on bitmex to make loads of BTC - probaly the most profitable day in history for me.

100x with a discount of 650$ lol

I would sacrifice my first born for such an opportunity again Grin

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: bitserve on March 13, 2020, 12:12:22 PM

Ok, who sold at the bottom?

Quote from: eddie13 on March 13, 2020, 12:27:19 PM

I didn't sell shit, but BTC is only up because the DOW is back up a bit..
Not impressed..

What a timing, both of ya! Tongue

bitserve

legendary

Activity: 1932

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Self made HODLER ✓

Quote from: eddie13 on March 13, 2020, 12:27:19 PM

Quote from: bitserve on March 13, 2020, 12:12:22 PM

Ok, who sold at the bottom?

I didn't sell shit, but BTC is only up because the DOW is back up a bit..
Not impressed..

No, both are up because they got severely dumped yesterday. I don't REALLY know if this is just a dead cat bounce, but a bottom is bottom... At least, until it isn't.

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Very skeptical about today.
Of course I did not sell shit, only wished I could buy moar.
It was rekt day for longs and shorts, and exchanges obviously also bid over each other, resulting in this bloodbath.

IMO, this was needed for:

- Stocking up ammo for the real bull run, due next year.
- Demolishing potential investors confidence, prior to the halving.
- Keeping the price low, so that miners would not capitulate.
- Sell the story with the MSM outbreak.
- Paint the floor for the epic new ATH @$70k-$210k.

I realize now, that not everybody is meant to get filthy rich. You have to be willing to loose it all first.

Vegeta by the end of the month bitches!

eddie13

legendary

Activity: 2296

Merit: 2262

BTC or BUST

Quote from: bitserve on March 13, 2020, 12:12:22 PM

Ok, who sold at the bottom?

I didn't sell shit, but BTC is only up because the DOW is back up a bit..
Not impressed..

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Ok, who sold at the bottom?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8141. (Read 26712315 times)