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

[ChartBuddy]

Coin
Explanation

[BlackSpidy]

Bitcoin will be done for when the Mexican peso is done for or when the Canadian dollar is done for, or when the Guatemalan quetzal is done for... ^{I think El Salvador uses the US dollar, and I dont know what Honduras uses.} The point is that bitcoin already has a following, and sure, it's value has gone down, but so long as any (small as the group may be) people are willing to trade it for goods and services, it will carry on.

PS: Turns out the Honduran coin is Lempira, and it's been suffering a bit from inflation. It's lost about 15% of it's value relative to the US dollar in the last 4 years.

[79b79aa8d5047da6d3XX]

do not confuse inflation with devaluation

[ChartBuddy]

Coin
Explanation

[BlackSpidy]

do not confuse inflation with devaluation

Yeah, that's probably it, devaluation.  Thanks.

[uhoh]

is crypto done??  
horribleplanecrash.gif

Um. That was a drone, right? I assume no one was hurt and everything turned out roses? Isn't it?

Not sure if joking, but it was a 747 airlifting tanks that shifted on takeoff. Pilots died.

[Fiat_Hodler]

Damn I can't survive in a sideways market.

Where did all the traders go?

It's pretty rough out there. Lots of chop, lots of accumulation, lots of leverage on both sides. Poop and scoops left and right. Maybe try trading on a higher timeframe. Also don't get sucked into quick moves either way, there's usually a better entry point if you wait.

"When you want to bet the house, hands off the mouse."

Dammit was just about to do that...

[ChartBuddy]

Coin
Explanation

[Stevenirving]

Can you hear the crickets?

[YourMother]

-dumps                    -no effect
-Stocholm nasdaq      -no effect
-21 coming-out          -no effect
-long-term-trendlines  -no effect

It's funny.

This shows you how overpriced Bitcoin really is.

[Mrpumperitis]

  if you got coins at poloniex, you should go there asap , new t&c , they want your id      

[BlackSpidy]

Can you hear the crickets?

I think even they fell asleep.

[YourMother]

  if you got coins at poloniex, you should go there asap , new t&c , they want your id      

Holy fuck! They enabled Margin Trading for shitcoins...

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

-dumps                    -no effect
-Stocholm nasdaq      -no effect
-21 coming-out          -no effect
-long-term-trendlines  -no effect

it is funny.

I read the other day an article in a major bitcoin newssite that confused Sweden with Switzerland.  But at least the reporter knew that they are countries, or a country, whatever.  I bet that the old ladies in China who define the price of bitcoin have never heard of either.

[BlackSpidy]

-dumps                    -no effect
-Stocholm nasdaq      -no effect
-21 coming-out          -no effect
-long-term-trendlines  -no effect

it is funny.

I read the other day an article in a major bitcoin newssite that confused Sweden with Switzerland.  But at least the reporter knew that they are countries, or a country, whatever. I bet that the old ladies in China who define the price of bitcoin have never heard of either.

Heh, that actually got a chuckle out of me. You gonna show us that article, or is it another "me telling you so is proof" shit you usually go with when asked to demonstrate something?

[ChartBuddy]

Coin
Explanation

[Fiat_Hodler]

new outlets slowly but steadily plucking coins off the dead bears. Price will surely rise. Artificial manipulation will slowly be eradicated.

[ChartBuddy]

Coin
Explanation

[BitofaN1]

Old chinese ladys are only along for the ride of the bull market.They don't care much for bear rides.