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

[hlynur]

I'll just leave this here:

orly,
your sure its not the bear trap of in the institutional investor stage?

no, not again this chart.
bears ran out of arguments or what?  

at basis this chart is perhaps good but it doesn't reflect the different circumstances of btc.
We are not even nearly in public phase. Institutional investors?
ehm not really, winklevoss twins are trying to be one perhaps?
If there are any other big players they haven't thrown out their name in the media until now.
more will come after regulations and problems with banks are figured out, everything is blurred by these subjects.
this chart relys solely on data from stockmarkets or am i wrong?
everytime i speak to people on partys or somewhere else nobody has heard nearly anything about virtual currencies.
(some tech-savvy people read about it but most didn't feel like getting into it)
people in this forum need to realize that they got so used to bitcoins everyday in their small bubble they forget that we still represent a minority
and perhaps not more than 1 of 10000 people of society has even heard of it. (don't quote me on that, i've never seen any statistics)
awareness will rise when fiat value will become more questionable or more crisis occur. john doe can't be forced to his luck, he must learn the hard way.

in combination with the phases this chart is used way too early.
Just believe it, we still represent the smart money!

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[Its About Sharing]

I'll just leave this here:

It is worth noting (even though I have been in and out of BTC lately):

At some point in the next year or a bit later, maybe even in a few months, you are going to see one of Spain, Portugal, Italy, etc. go under (Banking system or a large part there of).
When that happens (or as we approach it and it is obvious to some), you are going to see the BTC price explode. Absolutely explode. Your reaction will be like swimming in the ocean and
seeing a 21ft Great White Shark nearby, but just far enough away for you to maybe make it. It will shock you and you will remember it forever. It will be a bubble though and it will correct, unless we have a wider systematic collapse. But, it will not correct fully down as many of the 12 million or so coins out there will be in strong hands. It will probably be an extrapolation of what we have already seen.

So, we are all playing a game. Yeah, we don't want to get caught in BTC if it corrects again hard down. But we all know the times we are living in. If we were living in
times of solid banking and not as corrupt governments, BTC would depend solely on it's low transactions fees, perhaps the darknet, etc. But we are living in times where Central banks (ECB) take 47.5% of
your money in a bail-in and other countries are seeing that as a model.

Good luck to you all, but lets not simplify things. It can go any way at any time. Be careful and don't lose sight of that and don't lose sight of what BTC represents.

Enjoy the ride and don't forget that when the shit does hit the fan,
It's about sharing

[ChartBuddy]

[ChartBuddy]

[S3052]

I'll just leave this here:

It is worth noting (even though I have been in and out of BTC lately):

At some point in the next year or a bit later, maybe even in a few months, you are going to see one of Spain, Portugal, Italy, etc. go under (Banking system or a large part there of).
When that happens (or as we approach it and it is obvious to some), you are going to see the BTC price explode. Absolutely explode. Your reaction will be like swimming in the ocean and
seeing a 21ft Great White Shark nearby, but just far enough away for you to maybe make it. It will shock you and you will remember it forever. It will be a bubble though and it will correct, unless we have a wider systematic collapse. But, it will not correct fully down as many of the 12 million or so coins out there will be in strong hands. It will probably be an extrapolation of what we have already seen.

So, we are all playing a game. Yeah, we don't want to get caught in BTC if it corrects again hard down. But we all know the times we are living in. If we were living in
times of solid banking and not as corrupt governments, BTC would depend solely on it's low transactions fees, perhaps the darknet, etc. But we are living in times where Central banks (ECB) take 47.5% of
your money in a bail-in and other countries are seeing that as a model.

Good luck to you all, but lets not simplify things. It can go any way at any time. Be careful and don't lose sight of that and don't lose sight of what BTC represents.

Enjoy the ride and don't forget that when the shit does hit the fan,
It's about sharing

Very well said!
This scenario is quite likely.

[Jozzaboy]

I'll just leave this here:

It is worth noting (even though I have been in and out of BTC lately):

At some point in the next year or a bit later, maybe even in a few months, you are going to see one of Spain, Portugal, Italy, etc. go under (Banking system or a large part there of).
When that happens (or as we approach it and it is obvious to some), you are going to see the BTC price explode. Absolutely explode. Your reaction will be like swimming in the ocean and
seeing a 21ft Great White Shark nearby, but just far enough away for you to maybe make it. It will shock you and you will remember it forever. It will be a bubble though and it will correct, unless we have a wider systematic collapse. But, it will not correct fully down as many of the 12 million or so coins out there will be in strong hands. It will probably be an extrapolation of what we have already seen.

So, we are all playing a game. Yeah, we don't want to get caught in BTC if it corrects again hard down. But we all know the times we are living in. If we were living in
times of solid banking and not as corrupt governments, BTC would depend solely on it's low transactions fees, perhaps the darknet, etc. But we are living in times where Central banks (ECB) take 47.5% of
your money in a bail-in and other countries are seeing that as a model.

Good luck to you all, but lets not simplify things. It can go any way at any time. Be careful and don't lose sight of that and don't lose sight of what BTC represents.

Enjoy the ride and don't forget that when the shit does hit the fan,
It's about sharing

+1

Screw the sharing part though, I'm hoarding like a bugger. Backing it up with excessive firepower as well 

[adamstgBit]

the calm b4 the storm?

come back at 7:00 EST?

[ChartBuddy]

[phatsphere]

Screw the sharing part though, …

that was certainly not about sharing bitcoins, there are also other things in life that can be shared. like food, housing, having compassion for each other, etc. it's not all like in your favourite first person shooter :-D

[Jozzaboy]

Screw the sharing part though, …

that was certainly not about sharing bitcoins, there are also other things in life that can be shared. like food, housing, having compassion for each other, etc. it's not all like in your favourite first person shooter :-D

Compassion, sharing, this is the dark side. I'll weather the worst of riots in my nuclear bunker

[ChartBuddy]

[champbronc2]

Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

[adamstgBit]

Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

i just see fake sell walls

[ChartBuddy]

[vps15]

Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

i just see fake sell walls

how do you know if a wall is fake or not?

[adamstgBit]

Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

i just see fake sell walls

how do you know if a wall is fake or not?

i'm just trolling the troll.

[Walsoraj]

Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

i just see fake sell walls

how do you know if a wall is fake or not?

Bulls/smart traders: All sell walls are fake.

Bears/idiots: All buy walls are fake.


btc going to $180 by next week. Mark my words 100x

[ChartBuddy]

[fr33d0miz3r]

btc going to $180 by next week. Mark my words 100x

OMG! The $180 prediction is here again! SELL SELL SELL!!!

Bears/idiots:

So, to be an idiot is more profitable. Okay 

[Kazu]

btc going to $180 by next week. Mark my words 100x

OMG! The $180 prediction is here again! SELL SELL SELL!!!

Bears/idiots:

So, to be an idiot is more profitable. Okay  

How do you profit by being a bear and thinking all buy walls are fake? Just wondering.