well folks tough times.
we went almost to $14k, straight out of polar bear market to the tropical beaches of joy. when the rise started to weaken end of june we had dark doom voices whispering about an 80% correction like to sub $3k.
imho those price movements get more violent as we are about to enter another mega bull next year. what is behind us was the parabola to get us out of the bear just as in nov 2015, when price shot over $500. it took 6 months to recover from the collapse of that parabola, eventhough it was sort of staying at the upper boundaries back than.
i am not concerned. btc dominance looks great. shitcoins die. fundamentals look great. we will go over 10k for good in november this year.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9575. (Read 26608802 times)
August 15, 2019, 02:11:50 AM
August 15, 2019, 02:03:33 AM
Overreactions everywhere. It's a big drop but nothing worth panicking. We've seen much worse.
It may even bounce back around $ 9k.
It may even bounce back around $ 9k.
August 15, 2019, 02:02:15 AM
austrian state printing btc?!?!
August 15, 2019, 01:55:07 AM
Activity between 775 and 1350 ....
Its random
I was lucky
August 15, 2019, 01:53:41 AM
Any update on Mayer Multiple indicator, for today? Has it fallen closely to 1.2?
https://mayermultiple.info/
August 15, 2019, 01:53:07 AM
August 15, 2019, 01:48:16 AM
Any update on Mayer Multiple indicator, for today? Has it fallen closely to 1.2?
https://mayermultiple.info/
August 15, 2019, 01:46:51 AM
So we are on pace to soon be testing the very low 9ks for the third time in a month.
I dont see any special reason why 9k will hold. I want to see some serious volume to convince me otherwise.
We can go to 7-8k and easily still consider ourselves to be in a very bullish scenario. We all remember how 2015 gave away big gains several times only to finish the year very strong.
Tons of support around 8k. If we make it that low and get some mega volume along with a green dildo then I think we set ourselves up nicely for a beautiful finish to 2019.
I dont see any special reason why 9k will hold. I want to see some serious volume to convince me otherwise.
We can go to 7-8k and easily still consider ourselves to be in a very bullish scenario. We all remember how 2015 gave away big gains several times only to finish the year very strong.
Tons of support around 8k. If we make it that low and get some mega volume along with a green dildo then I think we set ourselves up nicely for a beautiful finish to 2019.
A huge volume spike would sure be nice. But remember, accumulation doesn’t show volume spikes.
August 15, 2019, 01:44:23 AM
I need a good laugh on this 4 digits again day.
Hi, fillippone,
I hope that bear wants only to hug me, and not to maul me.
August 15, 2019, 01:38:54 AM
Here is another interesting observation:
The moment Mayer Multiple reached just above 2.4, it started to go down.
Amazing.
So, $14k was in a mini bubble territory and the bears didn't miss that one. Sniped it right away. $7.5k looks like a good buy.
edit: Also see the previous 2.4 rejections in 2017. Happened twice before the big boom. That's even more interesting.
Any update on Mayer Multiple indicator, for today? Has it fallen closely to 1.2? The moment Mayer Multiple reached just above 2.4, it started to go down.
Amazing.
So, $14k was in a mini bubble territory and the bears didn't miss that one. Sniped it right away. $7.5k looks like a good buy.
edit: Also see the previous 2.4 rejections in 2017. Happened twice before the big boom. That's even more interesting.
August 15, 2019, 01:35:22 AM
So we are on pace to soon be testing the very low 9ks for the third time in a month.
I dont see any special reason why 9k will hold. I want to see some serious volume to convince me otherwise.
We can go to 7-8k and easily still consider ourselves to be in a very bullish scenario. We all remember how 2015 gave away big gains several times only to finish the year very strong.
Tons of support around 8k. If we make it that low and get some mega volume along with a green dildo then I think we set ourselves up nicely for a beautiful finish to 2019.
I dont see any special reason why 9k will hold. I want to see some serious volume to convince me otherwise.
We can go to 7-8k and easily still consider ourselves to be in a very bullish scenario. We all remember how 2015 gave away big gains several times only to finish the year very strong.
Tons of support around 8k. If we make it that low and get some mega volume along with a green dildo then I think we set ourselves up nicely for a beautiful finish to 2019.
August 15, 2019, 01:31:41 AM
People held from $20k to $3k but somehow shitting in their pants after a $1k a $2k dump..
We need to stay realistic the price went up with $10k, what we see now is a mini bear market beeing played out.
Greedy people,because we can see huge price bump in few months but when we see a small dump then people will starts to question about bitcoin and bubble story also will come into play soon. We need to stay realistic the price went up with $10k, what we see now is a mini bear market beeing played out.
August 15, 2019, 01:22:54 AM
Sorry to interrupt, but can someone please let me know if I should be panicking at this point, because, TBH, I'm seriously, SERIOUSLY thinking of just tuning out anything Bitcoin related until after the halvening and just focus on IRL stuff for a while.
Think I'm finally finding a good IRL routine that is keeping me somewhat entertained and productive. Starting to really get the hang of this retirement thing.
Watching Bitcoin tank like it is, just makes me sad. I don't need it until 2021-ish anyway...
Bah. Someone hold me. No homo.
Think I'm finally finding a good IRL routine that is keeping me somewhat entertained and productive. Starting to really get the hang of this retirement thing.
Watching Bitcoin tank like it is, just makes me sad. I don't need it until 2021-ish anyway...
Bah. Someone hold me. No homo.
Here Bob, take my hand! And lemme give u a hug. No homo.
August 15, 2019, 01:20:23 AM
We return to 4 digits, what is the problem? crisis, recession, political tensions, it doesn't matter
BTC is here to stay, if for you 4 digits is cheap, buy.
BTC is here to stay, if for you 4 digits is cheap, buy.
Economy moving little slow but no major crisis or recession coming soon on my side of the world. and political tensions here are cute so we are used to it.
What matter most is cheap corn atm and one should take advantage when market is showing some kind of fear or greed. so yes right now buy the dip according to pockets, its worth it.
August 15, 2019, 01:19:29 AM
I need a good laugh on this 4 digits again day.
Hi, fillippone,
August 15, 2019, 01:16:39 AM
Found this gem by Dan Held
https://www.linkedin.com/posts/dheld_the-game-monopoly-sold-for-2-in-1935-activity-6567389687764398081-9bAH
https://www.linkedin.com/posts/dheld_the-game-monopoly-sold-for-2-in-1935-activity-6567389687764398081-9bAH
Quote
The game “Monopoly” sold for $2 in 1935. In the box, you get monopoly money.
That original stack of monopoly money from 1935 is worth $50 as a collectors item.
Monopoly money literally holds more value than your fiat currency.
That original stack of monopoly money from 1935 is worth $50 as a collectors item.
Monopoly money literally holds more value than your fiat currency.
Oh god...that is rich
August 15, 2019, 01:14:25 AM
People held from $20k to $3k but somehow shitting in their pants after a $1k a $2k dump..
We need to stay realistic the price went up with $10k, what we see now is a mini bear market beeing played out.
We need to stay realistic the price went up with $10k, what we see now is a mini bear market beeing played out.
August 15, 2019, 01:00:00 AM
Bitcoin’s Surging Dominance – Is This Time Really Different?
https://www.coindesk.com/bitcoins-surging-dominance-is-this-time-really-different
Quote
Everything flourishes with a bit of attention – even attention itself.
You may have heard some rumblings recently about the bitcoin dominance rate. This measures the weight of bitcoin in the crypto universe, by taking its market cap as a percentage of the total market cap for all crypto assets. Traders and investors keep an eye on it as an indicator of market preference.
It should surprise no-one that bitcoin is the dominant crypto asset, given its long track record and mainstream media attention. What is setting off alarms is its recent ascent: it is now hovering around 70 percent, a level not seen since April 2017, just before the previous bull market took off.
You may have heard some rumblings recently about the bitcoin dominance rate. This measures the weight of bitcoin in the crypto universe, by taking its market cap as a percentage of the total market cap for all crypto assets. Traders and investors keep an eye on it as an indicator of market preference.
It should surprise no-one that bitcoin is the dominant crypto asset, given its long track record and mainstream media attention. What is setting off alarms is its recent ascent: it is now hovering around 70 percent, a level not seen since April 2017, just before the previous bull market took off.
https://www.coindesk.com/bitcoins-surging-dominance-is-this-time-really-different
August 15, 2019, 12:58:40 AM
Found this gem by Dan Held
https://www.linkedin.com/posts/dheld_the-game-monopoly-sold-for-2-in-1935-activity-6567389687764398081-9bAH
I need a good laugh on this 4 digits again day.
https://www.linkedin.com/posts/dheld_the-game-monopoly-sold-for-2-in-1935-activity-6567389687764398081-9bAH
Quote
The game “Monopoly” sold for $2 in 1935. In the box, you get monopoly money.
That original stack of monopoly money from 1935 is worth $50 as a collectors item.
Monopoly money literally holds more value than your fiat currency.
That original stack of monopoly money from 1935 is worth $50 as a collectors item.
Monopoly money literally holds more value than your fiat currency.
I need a good laugh on this 4 digits again day.
August 15, 2019, 12:51:36 AM
New IRS Warning Letters Target Crypto Investors Who Misreported Trades
Quote
“Basically what it says is ‘hey we have a report from one of the financial institutions you use and the amount they reported to us the IRS is different than the amount you, the taxpayer, reported and this is the amount you owe’ and it’s a 30-day letter meaning you have to respond in 30 days.”
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