1202
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: April 20, 2018, 11:42:23 AM
|
Who would have guessed the most fraudulent exchange on the planet where no real humans even trade on for fear of being Gox'd would try and paint the tape higher with tethers printed from thin air. Governments do that constantly and nobody cares, nobody says its "immoral". I hope they print more. We are going up to 10k now. Cry me a river.
|
|
|
1204
|
Economy / Speculation / Re: Bitcoin rose to $8000 again. The turnover is increasing rapidly.
|
on: April 19, 2018, 07:23:44 PM
|
We had a quadruple bottom, and the price didnt spike up.
This is happening because theres a tug of war between the people and the Cartel.
And the Cartel seems to be losing it. They are selling to themselves, but sooner or later the margin for profit will grow thin, and they will have to drop it.
Noticed that there is no talk about Nasdaq futures anymore? They said they would start it in April. And here we are.
|
|
|
1207
|
Economy / Speculation / Re: People panics because the price goes down.
|
on: April 16, 2018, 04:21:03 PM
|
We live in economies which are based on debt. Every central bank have its own debt to some international bank. Governments uses part of their income to pay interest for these debts. In third world countries the situation is even worse, as most of the income from taxes are used only to pay interest to international banks.
According to the State, the "right" way to live is by accumulating debt and putting value in paper money which can be printed indefinitely. People just follow the example of the State, and they accumulate debt in turn, buying suplerfluous stuff they dont need, paying for expensive services just to boast and feel superior, spending more than they earn and thus making one debt after another, and taking loans to pay their debts, creating a snowball that leads to bankruptcy.
Then, they see bitcoin, but not for its technological promises, though - they see it as a way to make a quick buck to pay their debts, the credit card bill coming at the next month, things like that. And, as usual, they take loans (again) just to buy crypto and have some more.
You see, most people are like that. People see the State like a God, and the State gives an example to them: accumulate debts to display power and have respect. The inevitable result is this disaster where a mass of idiots takes loans to buy crypto, hoping they will pay their debts later. Then the price fall due to some whale selling his bitcoins, and these newbies sell it in panic, pushing the price down further.
Its all a question of financial education.
|
|
|
1209
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: April 14, 2018, 06:36:39 PM
|
I don't think we left the bear market since $20k. We still have a long way down before starting another path to ATH. Have we seen enough blood on the streets? No. $6.6k was nothing. It was a fun walk in the park. Wait and see what'll happen when we go sub $3k and only then, we'll moonshot to $100k.
$6.6k was something. Just look at the dozens of threads of despaired newbies in this forum. We all know its annoying. Expect triple of that if we reach $2k.
|
|
|
1211
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: April 13, 2018, 07:18:18 PM
|
Good morning everyone.
Jumping well above $7.8k and bull rushing past $8k...we have entered another Fibonacci area where resistance is meeting support. Market sentiment is still on the rise and is the highest it has been all year.
Market sentiment is now bullish. Still, its better to be careful, in case we have some massive bulltrap. Lets see in the next 24 hours.
|
|
|
1214
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: April 12, 2018, 04:16:27 PM
|
Not sure there would be any major long liquidation anymore to be honest. Anyone not selling at $6K will probably not sell at $2K or below.
I won't.
Only the whales will sell below $6k. The panicked newbies are already out for a long time. They can dump as much as they want. I will be ready to buy when it touches $4k.
|
|
|
1217
|
Economy / Speculation / Re: Quote me on that - It has started.
|
on: April 12, 2018, 01:14:26 PM
|
If you hadn't guessed I don't take that sort of TA seriously. What matters is if the shorts start panicking and buying to cover. That's about human emotion not what time you arbitrarily cut off a candle.
Here are 2 full candles above 8k for you.
We are going up, then. I hope the FOMO spreads. This melodrama has gone long enough.
|
|
|
1220
|
Economy / Speculation / Re: Mexican Standoff
|
on: April 12, 2018, 12:37:07 PM
|
I'm a holder, but I will buy if we fall to at least 4k.
I'm not going to sell in any of these prices. Too cheap.
|
|
|
|