Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8874. (Read 26608013 times)

Something like this:

Don't worry.  It's perfectly normal this time of year for the Jews and Chinese communists that run Bitcoin to dump everything to buy Christmas presents to celebrate the miracle of Jesus.

I lol'd.



Fuck him, saying BTC must bleed the Bulls out and out the other end stating ripple has bottomed.
I don't believe fucking thing outta that twat, he's talking his book.



Pure Gold.



They will be waiting for 3500 forever.


I'm going to the casino for the week tomorrow and will not look again until after thanksgiving . fuck i lie...I know i'll peek

fucksville express now boarding on all ramps

this trip is mandatory, please take your seats

So....I had to sell a lot of my cold stash earlier this month for $8800 and was NOT happy about it. Until today when I bought back at $6780.

There's always a silver lining for someone with BTC

I hope Bitcoin Black Friday doesn't suck this year with massive spending of BTC at low value.

TOO FUNNY!

"When things go terribly bad for a Royal"

I'm not sure you can say I enjoy HODL'ing. Especially with the recent price dump. But, I don't NEED the BTC to be cashed out. Also being older, I may only HAVE 1/4 century

(25 years) of life left, if I'm lucky, so if I don't take a chance on my belief in BTC/Crypto...wodon't matter much by then anyway.

So riding this out and accumulating some dust on the way.

I think the price dump is miner capitulation myself 60% of scrypt-pow miners are Bitmain L3+s and convert their LTC to BTC mostly I think. Also same for sha-256 or Bitmain S9's

also likely at 60% of the equipment on sha-246. Thus they are all still? kinda hanging in there.

https://cointelegraph.com/news/no-capitulation-bitcoin-miners-completely-unfazed-by-price-drop

So, IMHO, a lot of miners were big on HODL'ing which they can't do now due to real-life issues like electric costs/data hall rent or mortgage/etc. Most big miners in the USA anyway

work for themselves .they will dump BTC till it hurts rather than go back to work for someone else. So real-life issues for them must spend the coin, can't hodl as they wish, have

real-life bills/family/issues due probably by the 10th of any month. Also, it is the end of the month now. So that lack of HODL'ing by what is usually the 'cheerleaders of BTC/LTC/Crypto and

them having to spend on top of such...is likely a big trigger for those who speculate and trade that things are going south.

But what do I  know? I just HODL (mostly) since 2013.

So maybe it will go beanie baby...I'll still is likely to have passed a bit after 25 years (knock wood) and have no debts/house paid/ and other investments to keep an OK retirement.

So hell, let it ride. I have to just keep believing after drinking the 2013 kool-aid..that BTC/Crypto is like a 'virtual land' where the value of such is reflected in the amount of land

the adoption and use of the land and the amount of land still to be tamed. (ie...the last 3 million BTC to be mined).

So the price of BTC is based on the amount of BTC vs Adoption vs real-life usage as a store of value or a virtual gold.

IF I am right, this too shall pass. I am basing all my 'dust accumulation' on BTC eventually in some way or someday getting back to $10k per BTC and accumulating dust by

selling crap on eBay accordingly. This is if I'm right. Also, if I'm right on the above, I'm assuming my 'traditional investments' are gonna take a pretty good hit in what I see

as a 20-40% correction/recession on such. So it is a wash, with BTC/Crypto acting like "Plan B" and saving my butt.

IF I am wrong, and somehow BTC/Crypto is regulated to the dustbin of history as beanie baby money. Well that means the that very rich and connected and powerful are in charge

which probably means my traditional investments are fine and it is just young people and others starting out that will have a much tougher time to get by in the world. In other

words, more centralized control of money and onward and upward to someday perhaps Trillionarires.....but again, flat wage growth for the last next 40 years like the last 40 years

won't affect my old ass...so its a wash.... I get beat up on my BTC/crypto dreams as a loss but traditional world money and investments let me slide at my age.

hardly fair.

I would PREFER that BTC/Crypto go up in value in a more modest sustained manner along with a better more fair bit of capitalistic improvement over the next 25 years I could watch.

But anyway, from my old ass point of view...let the BTC/Crypto wise, what the heck. Again, selling crap (attic mining) stuff I'd otherwise die with for BTC/Crypto 'dust' to add to the

hoard. Stuff to do in my retirement.

Brad

If the poll results are any indication, there's more pain ahead.

Is BTC dead? Blood on the streets yet?

Wow!!  I go to run a few errands, put up some Christmas lights and Bitcoin takes another dive...
I've got three words in a new address (which took a while to generate) - 1BUYTheDipPgLUQz4LVK6TRUagUgg2PEWZ
and there's finally an ATM near me that's only ~5% to buy.  I'm going to try it tomorrow.

Man, the bargain boyz are going to really clean up.

via Imgflip Meme Generator

Observing 6660 

I've mentioned many times some of the more obvious metrics and rationales my predictions are based off of, although my main metrics and rationales I prefer to keep to myself as they are proprietary.

If you said I haven't presented any homemade charts that would and likely always will be accurate, but to say my predictions aren't presented as based on anything is false as evidenced by my post history.

PS

via Imgflip Meme Generator

LOL.

Yes I enjoy all those things, and more. What's the point of having money if you can't enjoy it?

Sorry, I don't find your guesses very entertaining since they are not based on anything (ostensibly) in your presentation.
At least, @HM has his favorite fractal.

...Peter Brandt is a doofus who thinks that markets work according to TA and not the other way around.

Suffice it to say, but ALL market predictors got f-ed up this year.
Therefore, I declare bitcoin price fundamentally unpredictable.
That's my null hypothesis now.

I will buy when I see fit, and I will sell as I see fit (to do things).

PS Bargain Boyz? LOL

I was out for the weekend, so someone probably posted this already:


https://twitter.com/PeterLBrandt/status/1198040324830093312

@H.M.- I think greed was on the minds of the buyers over 9k who thought a bubble this early after a major bear market was sustainable.

Im staying pragmatic and ruthlessly unbiased. Its gonna take a capitulation event imo to end this and since so far 6ks arent seeming to produce one Im naturally setting my sights on 5200 as the climax of a capitulation event. Im not deploying my last fiat until I see the Bargain Boyz ultra volume or 4900-5200 range prices, whichever comes first. If hypothetically 5200 comes first I of course reserve the right to still not deploy said fiat if I see other things I don't like, hopefully that's not the case but these things are always in flux and developing in real time.

The great news for all Bitcoin lovers is all this bearish price action imo is coming to a close and a new Bull chapter will soon begin once we reach the bear climax.

@biodom - Aspiring to make sense out of the seeming chaos of the world is human nature and what separates us from the lower primates. Not to mention its a lot more fun and interesting than shrugging and submitting to a "nobody knows" mentality. This is why humanity is constantly advancing and doing things that were unthinkable a hundred years prior.

Chaos is simply unapprehended complexity.

\/$5000 here we gogogo!!   #moonbounce

Everybody is entitled to a particular opinion, but I think that it is almost out of the question that we would be following prior fractal 'exactly', so $10K and $5K are equally possible.
By now, everyone should just admit that btc price is simply chaotic with an upward bias (so far).