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

[TERA]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

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[spooderman]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

What is TA saying now? I kind really wanna go full btc again.

[mah87]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

TA people keep saying "double bottom double bottom" , since 800 I'm saying it's gonna go under 400 or under 300 and people think I'm trolling, they quickly forget what disturb them..

[TERA]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

What is TA saying now? I kind really wanna go full btc again.

I'm not giving you a projection.  All I'm saying is that most people here who say "double top" or "double bottom" are wrong about identifying such a thing.

[magicmexican]

I would be surprised if huobi wont retest 2400 today

[TERA]

Was that a "Chinese art of war pump"?

[ShroomsKit]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

[TERA]

When someone has to tell grandma where her 40K went...

[Bagatell]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Do you shout at clouds too?

[JayJuanGee]

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Easy to call him out by pointing to his original posts on the mirror site.

We should NOT be able to edit or delete our posts after a certain period of time.  That is just screwed up.

just so that some dickriders can brag about how good they are speculating?

lol, cmon man

The reason is b/c People should post whatever they are going to post and then it is permanent... part of the public thread. 

sure it can be used to prove what you said or did not say... but so what.  We should all be careful about what we say anyhow in public threads.. to attempt to get our posts accurate.. etc etc.. . 

[Cassius]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

What am I missing about the unbanning of a ban that never happened in the first place?

[dreamspark]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Everybody has known it wasn't a ban for months, what we are fearing is a complete shut down of Chinese exchanges and thus Chinese coins being dumped on the west.

Just like gox I want them to just shut up and shut down now. When everyone realises how fake the trading data is and how many coins the Chinese actualyl have it may be time to start to think about a real Choo Choo.

[JayJuanGee]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Do you shout at clouds too?

he either barks or tweets at them.. b/c he is a dog bird

[TERA]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

What am I missing about the unbanning of a ban that never happened in the first place?

Correct. This isn't really news and doesn't create any change. Bitcoin, in fact, was never banned in China. However, banks and third party payment processors WERE banned from dealing with bitcoin exchanges, and this has not changed. Actually "ban" was never a word that the PBOC used.  The bank accounts are still being shut down for violating this rule. What the news is saying is that, again, people are free to trade bitcoins and own bitcoins in China if they can find the means to do so.

[ShroomsKit]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Everybody has known it wasn't a ban for months, what we are fearing is a complete shut down of Chinese exchanges and thus Chinese coins being dumped on the west.

Just like gox I want them to just shut up and shut down now. When everyone realises how fake the trading data is and how many coins the Chinese actualyl have it may be time to start to think about a real Choo Choo.

Exactly. This shit will go on and on and on.

[Cassius]

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

What am I missing about the unbanning of a ban that never happened in the first place?

Correct. This isn't really news and doesn't create any change. Bitcoin, in fact, was never banned in China. However, banks and third party payment processors WERE banned from dealing with bitcoin exchanges, and this has not changed. The bank accounts are still being shut down for violating this rule. What the news is saying is that, again, people are free to trade bitcoins and own bitcoins in China if they can find the means to do so.

Right. And yet people are putting the bounce back to $400 down to the 'China has unbanned bitcoin!! Woo!!!' effect...
-> no change.
Just thought I must be missing something, but sadly not.

[gizmoh]

Okcoin bank account closure announcement today. Chinese give a fuck now, no more panic sell. We are primed for a massive pump IMO..

https://www.okcoin.com/t-1008310.html

[p0peji]

Who else is going to short after the upcoming bulltrap?

[Cassius]

Who else is going to short after the upcoming bulltrap?

Back down to... $360? $350?

[bitluryz]

Okcoin bank account closure announcement today. Chinese give a fuck now, no more panic sell. We are primed for a massive pump IMO..

https://www.okcoin.com/t-1008310.html

Banking will Continue via Mobile Phones

Massive Pump incoming