All posts made by mike4001_ in Bitcointalk.org's Wall Observer thread
1.
Post 42387682 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.01h):
If we see $7650 today or $7700 tomorrow I would expect another vertical candle into $8k.
If we sit here for two days then we go straight back down again, vertically.
Just don't take away the 7 from me :-/
2.
Post 42749893 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.02h):
Big buy wall popping up on stamp at $7680. So likely dipping down below that today
Edit: Well that was quick. The wall moved to $7595. Down we go.
Hello market manipulation ...
At the moment we are not really going down but I have never seen a wall of ~2300 BTC from 7700 to 8000 ...
3.
Post 43524223 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.03h):
Rewind one year and $6000 seemed like moon.
Just don't rewind 6 months ago. Make sure to cherry pick the right timeline.
Don't get scared until sub $3000.
$3000 is nonsense. Pass it on.
It is even more optimistic to rewind 18 months (to $1000), and the uptrend is still showing as very strong. In fact take any price point more than 10 months ago. My point is that the price can come back to sub $3000 without breaking the long term uptrend.
Looking back to the peak price is too discouraging.
That´s a bit easy isn't it?
Since bitcoin basically startet at 0 USD you can pick any number and see it as an uptrend.
Pick 5 USD for instance. If we move down to 5 USD tomorrow going from bitcoins inception we probably doubled each year.
4.
Post 44203936 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.05h):
lol is this true?
Shall I ask about "Satoshi's vision" in /r/btc ?
5.
Post 44310280 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.05h):
Bitcoin difficulty is again expected to increase by 11% in 5 days.
https://fork.lol/pow/retargetSo miners should be at a loss (maybe already or in 1-2 adjustments depending on unknow electricity + labour costs.)
Will be interesting if they will bring the price upwards somehow or just keep mining.
6.
Post 44516000 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.05h):
rofl
As if I am surprised.
the 6200 to 6500 (sometimes 6700) and back game will continue for some time.
7.
Post 44917675 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
Ah it seems we are go down back to 6-6,5k
Oh wonder ....
8.
Post 45151723 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
Die 7300 USD mark seems really hard to break.
We bounced off for the 3rd time already.
9.
Post 45222317 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
And down again :-/
Market manipulation as it´s best.
Let the masses move the price up for a few days, then dump 1000 BTC at once to strike everything down again.
10.
Post 45224846 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
I wouldn't be surprised if Alts keep falling and also Bitcoin moves down into the 6-6,5k area.
We had the 8k once before in July and moved back to 6k
11.
Post 45224915 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
Just look how BCD is pumped, it is going to 5$
Still not worth me moving my bitcoin’s out of cold storage for a few thousand dollars. If it goes to $10 then maybe.
I did it once in the beginning of 2018.
Moved my BTC to a new Trezor seed to claim some shitcoins. Wasn't that bad - got about 2% more BTC afterwars for some "moving around"
12.
Post 45225234 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
I really don't get it. Why someone with 10K bitcoins would dump them with 10% loss at 7400 when they could sold at 20 000? Who are these people? Playing with futures or just morons enjoying losing and making everybody sad. May be the silk road admin or some other criminals. And what will they do with the cash? Bury it in his yard, then gets arrested and hangs himself like the alpha bay admin. I curse these peoples with all the evil to them and their families! In Jesus name, amen! We, the honest hodlers will prevail and rejoice for ever!
I asked this question also several times:
The only answer I could find is that they are swing-traders.
They dump 1000 coins, drive the price down and hope to get others to dump as well, moving the price further down.
Then they buy at this lower price and influence other to do the same.
Why they don't just wait for 20k is another story ... they probably calculated it through that they can make more money this way.
13.
Post 45264313 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
Should I start swing-trading?
How many times did we now exceed 7k for 1-2 days just to fall back to 6-6,5k ?
My next hopes are set out for the Halving in 2020 ...
14.
Post 45398967 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.06h):
And down we go
Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up
I’m going to release some fiat this week & start buying again. I haven’t bought since 2015. I’ve just been HODLING.
I think considering we hit nearly $20,000 & have now fallen to $6,000 this represents a GREAT time to buy now. I think we’ll hit $50,000 not long after the halving so buying now you will make nearly over 10 x your investment if you buy now.
I’m definitely going to buy MOAR if we stay in this price range.
I know it´s not a popular opinion here but I would be careful.
We hit 20k because of mass media attracting tons of newcomers and massive FOMO from them. This will not happen again.
Now the rise has to be more or less natural.
So while I am sure the Halving will move the price up I am not sure if it even goes to 20k.
15.
Post 45729507 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.07h):
On a sidenote:
I just looked up that the Bitcoin ETF decision is on Sept. 30.
Will be interesting if we get a pump leading up to it.
(Though I I kind of expect it to get rejected after all the delays)
16.
Post 45737099 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.07h):
Quoting to make sure all interested parties saw this. It explains the current ETF situation well.
So do I understand this correctly that after this one Commissioner is replaced a SEC ETF approval is likely?
17.
Post 45834551 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.07h):
CAUTION! Volatile days ahead:
Correct
We just dropped to USD 6200 in about 45 minutes.
18.
Post 46190287 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.08h):
Today Circle and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet: USD//Coin, also known as USDC. Individuals and institutions can enroll in this service to deposit US dollars from bank accounts, convert those dollars into tokens usable everywhere the internet reaches (subject to the token’s compliance controls), and redeem USDC tokens and cash out to bank accounts.https://blog.circle.com/2018/09/26/introducing-usd-coin/$USDC (USD//Coin) added to Poloniex! Tether 2.0?
19.
Post 46561818 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.09h):
Hmm,
So were is the Q4 pump?
In my opinion it should shart any minute now!
20.
Post 47298589 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.10h):
Hmm .... still no moon?
(Next 24 hours are critical btw.!!)
21.
Post 47393252 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.10h):
OK, now we broke out from 6500 USD we had for weeks.
And - obviously - we moved down ...
22.
Post 47670276 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.11h):
Damn ... 2 years until Lambo-time :-/
I need a better graph!
23.
Post 47899089 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.12h):
Well
If we keep going at this rate we are back at 1000 USD in about half an hour.
24.
Post 47899174 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.12h):
5580 at Bitstamp
25.
Post 47921573 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
Ok, the next phase is starting
Below 5,5k now ...
26.
Post 47921988 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
Same problem as always.
Long term the price of 5,5k is still VERY good.
But if you bought at the end of last year (or even this year) this does not help you very much ....
27.
Post 47933729 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
Ah finally back up at 5,5k
2 days ago I would have said the same for 6,5k
(lol)
28.
Post 47937775 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
Somehow I think the recent price dump was just a whale anticipating this BTC/BCH hashrate shitshow thats going on now and he left the crypto-space until the dust settles ...
29.
Post 47996772 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
Could this be huge?
Should start a new thread for this one ...
30.
Post 48037406 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
This is really hard to watch.
And to be honest: Who would buy in a market like that.
We are constantly falling since January. You basically know, if you buy now, it will be worth less in one month.
31.
Post 48053320 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.13h):
Well, I finally cracked and sold about 1/10 of my BTC stash ...
I know I might regret it but to be honest, I fear we have not bottomed yet and want to save just a little bit if we go down further :-)
32.
Post 48064515 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.14h):
Well, there is just no bottom anymore ...
4,3k now and sinking.
33.
Post 48196132 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.15h):
Marketcap under 100.000.000.000 any day now :-/
34.
Post 48205511 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.15h):
I did it. I'm out.
I actually understand it.
I would currently make a bet that we are safe for a couple of days until the next dump down to 3k happens.
35.
Post 48208754 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.15h):
Expected to wake up to some sort of recovery but no, we’ve tanked even further $3,594.
Can we confirm this is capitulation yet?
I’ve got £40,000 fiat savings, was thinking about buying in maybe another £10,000-£15,000 worth but I don’t think I have the heart to see that evaporate into -50% or something in about a week.
Think I’m going to stick with my HODL stash & buy £250 bi-weekly as planned.
This market is a black hole atm.
I really would not buy at the moment.
This can easily go below 3k in a couple of hours.
And even if there is some small recovery to 4k, you won't loose much when you don't buy now.
36.
Post 48208822 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.15h):
This is just whales fucking with the bears and bulls. I’m staying out of this chop.
What should be their goal if this is true?
They drive down the price from 6,5k to 3,5k to buy more coins ... OK
But now they have devastated the market and there is basically no one left to buy the market up to 6,5k again.
So they are not making a cent out of this.
37.
Post 48871889 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.22h):
Well.
Classic bull trap.
Was kind of expected.
At least we are not still at 3.2k ;-)
38.
Post 49150070 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.25h):
Well,
At least the market is not manipulated at all ... lol
39.
Post 49899065 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.33h):
OK, this was kind of to expect.
40.
Post 50419240 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.39h):
Hmmm
Looks like the fun is over.
41.
Post 51228779 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.48h):
A few hours ago I said to myself
"Seems we are not seeing 8,5k anytime soon :-/"
lol
42.
Post 51556879 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.52h):
Well I admit.
When Bitcoin tanked down to 5000, 4000 and 3000 I sold about 20% of my Coins :-/
This was obviously a mistake ;-)
At least I still have ~80%
43.
Post 51615176 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.53h):
Bye bye 12k
44.
Post 51615193 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.53h):
sub 10k in 10 minutes?
45.
Post 51680852 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_16.54h):
Well crap
So much for 10k
And we got to 13,8k a couple of days ago :-/
46.
Post 52564396 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_17.02h):
Back to 6,5K ?
47.
Post 53139160 (copy this link) (by mike4001_) (scraped on 2020-04-04_Sat_17.07h):
OK, this was expected.
Bottom at 7500?
Next one should be 6300
