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

[bitebits]

Hello all, im new to the bitcoin game and im getting hooked. Atm i trade through virwox would anyone be avle to suggest a better place to trade through and possible links i could go to to learn more about bitcoins and the charts? (some terms that may come up, sites that would have lower fees yet not a scam ect ) if someone could help me with some info that would be greatly appreciated.

Sorry if this is in the wrong thread i will delete it if its not. Thank you and have a great day and merry christmas:)

Hi, be careful with trading bitcoin because it is very volatile as you may have noticed.
That said, check out https://bitcoinwisdom.com/ for live charts of multiple exchanges.

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[Hyperjacked]

I made a petition thread once to have NLC's permaban lifted. It got nuked. I don't care what any of you say (or what I may say in the future), the troll as you call him might be one of the sharpest tools in this shed.

Edit: he's still kind of a tool, tho.

He's more like a pneumatic drill than a scythe, to be honest.

Or 20 grit polishing pads compared to 3000 grit or buff for granite...

Very rough around the edges...not the crafted sculpture type

[Hyperjacked]

I made a petition thread once to have NLC's permaban lifted. It got nuked. I don't care what any of you say (or what I may say in the future), the troll as you call him might be one of the sharpest tools in this shed.

Edit: he's still kind of a tool, tho.

He's more like a pneumatic drill than a scythe, to be honest.

I'm thinking more old school

well...that speaks volumes about your personality!

[JayJuanGee]

Seriously, you guys are still counting BTC/CNY volume on Huobi and OKCoin? Get a clue.

Thinking is kinda what we do here now. Old-timer.

Calling me 'old timer' only adds to my point here. Nearly two years ago I left, when all of this Chinese bs was going on, and when I came back I expected was ample time for the Chinese to be completely capitulated and out of the market, and that that fake CNY volume would be completely debunked. In fact it is well known that the CNY volume is fake and it was even way back then. Coindesk doesn't even include those exchanges in it's calculation. USD and adoption are supposed to be running the show now, but here we still have jokers talking about how 'the imaginary chinese whale dumped his 80,000btc/cny on Huobi'.

From your post history, your departure was only about 17 months ago, and even though there have been some changes in Bitcoinlandia, we cannot expect "pie in the sky" changes to the whole BTC landscape. 

But I agree with you that posters seem to grant way too much credibility to Chinese exchanges. 

Instead of being a fuddy duddy naysayer about the impact of the Chinese exchanges, you gotta admit that they do have some effects on BTC market price dynamics (even if the impact is much lower than what many others seem to be granting to them).

[Fatman3001]

I made a petition thread once to have NLC's permaban lifted. It got nuked. I don't care what any of you say (or what I may say in the future), the troll as you call him might be one of the sharpest tools in this shed.

Edit: he's still kind of a tool, tho.

He's more like a pneumatic drill than a scythe, to be honest.

I'm thinking more old school

well...that speaks volumes about your personality!

I'm sure it does. 'Cause you're so good at reading people.

How many months did you argue with lambie before you understood that you were being trolled?

[ChartBuddy]

Coin



Explanation

[peonminer]

... they create hundreds of newbie usernames and start posting naked pictures of homeless people or making child porn references then enough is enough.

But my name is Richard
And you
           can call me Dick

Wankers gonna wank!

[Hyperjacked]

Fatman...I had your number a long time ago! Look below...Fatmans soup kitchen is "you" the begging retail investor looking for tips on BCT about the BTC direction! Why should A professional investment manager give out tips when it takes time and dedication for that knowledge?
Wake up fool...Things aren't always what they appear and of course the trolls also get trolled!

[ljak1407]

Hello all, im new to the bitcoin game and im getting hooked. Atm i trade through virwox would anyone be avle to suggest a better place to trade through and possible links i could go to to learn more about bitcoins and the charts? (some terms that may come up, sites that would have lower fees yet not a scam ect ) if someone could help me with some info that would be greatly appreciated.

Sorry if this is in the wrong thread i will delete it if its not. Thank you and have a great day and merry christmas:)

Hi, be careful with trading bitcoin because it is very volatile as you may have noticed.
That said, check out https://bitcoinwisdom.com/ for live charts of multiple exchanges.

Thank you i will look into it now!

[JayJuanGee]

Some of you (bears) need to accept we are now in BULL mode. For the next few years at least. So, yes we will have dips and corrections, but the general trend is now- UP. Don't fight the trend. 

hahahahahahahahaha

Few years..... gosh???  I wished.  We have been in bull mode for a couple of months now, but surely the beginning stages of bull mode are surely difficult to identify,until after the fact.

Even though bitcoin is an overall bullish investment, I want to suggest that bitcoin's history has shown that clear bull markets do not tend to last for very long, and I would not expect this particular bull mode to be much different from the past. 

Surely history is not going to repeat itself, exactly because several dynamics have changed including some of the BTC infrastructure and also the base of players seems to have become considerably broader. 

For sure, I cannot exactly predict how the current bull market is going to play out, but few years seems to be very considerable overstatement.

Maybe on the outside 1 year of a bull market could be possible, but more realistically if we get 3-9 more months out of this baby, we will be doing pretty well. 

We can certainly pass previous ATh in 3-9 months, and it could be possible to get a couple of violent upsurges in a 3-9 month - or even a bit over a year time-frame - but a few years, it doesn't seem too likely. 

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

[brg444]

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

Bitcoin doesn't need "mass adoption" for its value to skyrocket.

[TReano]

Some of you (bears) need to accept we are now in BULL mode. For the next few years at least. So, yes we will have dips and corrections, but the general trend is now- UP. Don't fight the trend. 

hahahahahahahahaha

Few years..... gosh???  I wished.  We have been in bull mode for a couple of months now, but surely the beginning stages of bull mode are surely difficult to identify,until after the fact.

Even though bitcoin is an overall bullish investment, I want to suggest that bitcoin's history has shown that clear bull markets do not tend to last for very long, and I would not expect this particular bull mode to be much different from the past. 

Surely history is not going to repeat itself, exactly because several dynamics have changed including some of the BTC infrastructure and also the base of players seems to have become considerably broader. 

For sure, I cannot exactly predict how the current bull market is going to play out, but few years seems to be very considerable overstatement.

Maybe on the outside 1 year of a bull market could be possible, but more realistically if we get 3-9 more months out of this baby, we will be doing pretty well. 

We can certainly pass previous ATh in 3-9 months, and it could be possible to get a couple of violent upsurges in a 3-9 month - or even a bit over a year time-frame - but a few years, it doesn't seem too likely. 

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

I guess the people who bought all the way down are new relieved that they didn't lose all of their money... Now they are overly happy and want this to go straight for the moon..

Hell we are not even able to really breach 500$ yet... And people are starting to talk about over bullish mode. If trading would be that easy everybody would become rich. Somebody has to lose money in order for you to get money... While on the way down there were always people buying, I don't see enough people selling this right here. We need a bigger shake out to shake out all these overly bullish guys on leverage positions before we can really attempt to break 500$ with strength.

[JayJuanGee]

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

Bitcoin doesn't need "mass adoption" for its value to skyrocket.

I concede on that point; however, as adoption increases, we are going to witness more and more increases in bitcoin's infrastructure developments and BTC price is going to continue to rise under basic supply and demand analysis.

[TReano]

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

Bitcoin doesn't need "mass adoption" for its value to skyrocket.

right... It just needs a reasonable believes that we could reach "mass adoptions" to make the price skyrock. When we are at "Mass adoptions" the price will start dropping again. Because the price is a representation of future speculations and not of the current value...

You can see this effect on the USD Dollar Value. The rise and therefor the speculation on a rate hike started almost 1.5 years ago. Now the USD looks like topping out and consolidating / falling a bit.

It's going to be really really interesting how Markets are going to react after they really hike the rates after ~9 years.

Really exciting times are ahead of us.

[brg444]

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

Bitcoin doesn't need "mass adoption" for its value to skyrocket.

I concede on that point; however, as adoption increases, we are going to witness more and more increases in bitcoin's infrastructure developments and BTC price is going to continue to rise under basic supply and demand analysis.

I was addressing your point that we would need sustained influx of users to support a multi-year bull market.

We only need a couple more trading desks  

[Cconvert2G36]

Less adoption ---> higher price, pretty simple really. 

[JayJuanGee]

Some of you (bears) need to accept we are now in BULL mode. For the next few years at least. So, yes we will have dips and corrections, but the general trend is now- UP. Don't fight the trend. 

hahahahahahahahaha

Few years..... gosh???  I wished.  We have been in bull mode for a couple of months now, but surely the beginning stages of bull mode are surely difficult to identify,until after the fact.

Even though bitcoin is an overall bullish investment, I want to suggest that bitcoin's history has shown that clear bull markets do not tend to last for very long, and I would not expect this particular bull mode to be much different from the past. 

Surely history is not going to repeat itself, exactly because several dynamics have changed including some of the BTC infrastructure and also the base of players seems to have become considerably broader. 

For sure, I cannot exactly predict how the current bull market is going to play out, but few years seems to be very considerable overstatement.

Maybe on the outside 1 year of a bull market could be possible, but more realistically if we get 3-9 more months out of this baby, we will be doing pretty well. 

We can certainly pass previous ATh in 3-9 months, and it could be possible to get a couple of violent upsurges in a 3-9 month - or even a bit over a year time-frame - but a few years, it doesn't seem too likely. 

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

I guess the people who bought all the way down are new relieved that they didn't lose all of their money... Now they are overly happy and want this to go straight for the moon..

Hell we are not even able to really breach 500$ yet... And people are starting to talk about over bullish mode. If trading would be that easy everybody would become rich. Somebody has to lose money in order for you to get money... While on the way down there were always people buying, I don't see enough people selling this right here. We need a bigger shake out to shake out all these overly bullish guys on leverage positions before we can really attempt to break 500$ with strength.

You are goofy in your attempts to analyze me and/or my situation and attempting to extrapolate from me concerning what a typical bull may look like.


Surely, in my strings of posts on this forum, I have provided a considerable amount of information about me, my bitcoin investing history and my evolving views on various bitcoin related investment topics - nonetheless, you still cannot know my situation sufficiently in order to generalize that my situation is reflective of some "type" of BTC investor that needs to be weeded out.  you are a fuck-head for suggesting such, and you are a pretentious ass to be using the royal "we" to assert that you are in some group that is somehow distinguishable and better.

There going to be all kinds of people who sell their bitcoins as the price goes up and there will be additional folks and institutions jumping on board too.

Don't worry, you pretentious ass, TReano, there are plenty of bitcoins to go around, as long as you are either on board now, or you are planning to jump on board in the near future in the sub $500s price arena.

[Fatman3001]

Fatman...I had your number a long time ago! Look below...Fatmans soup kitchen is "you" the begging retail investor looking for tips on BCT about the BTC direction! Why should A professional investment manager give out tips when it takes time and dedication for that knowledge?

Man, you wouldn't have a clue if it sat on your face and shat on you chest.

You could just fuck off altogether for all I care.

Take your tips with you.

Wake up fool...Things aren't always what they appear and of course the trolls also get trolled!

Nope, that's not how it works. You're being trolled and you still don't get it. It's really annoying to watch.

[JayJuanGee]

here's my back of the envelope...  First bubble to $3-$5k.  Correction to $1.5k.  Second bubble to $12-$18k Correction to $7k-ish...  maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"

Bitcoin doesn't need "mass adoption" for its value to skyrocket.

right... It just needs a reasonable believes that we could reach "mass adoptions" to make the price skyrock. When we are at "Mass adoptions" the price will start dropping again. Because the price is a representation of future speculations and not of the current value...

You can see this effect on the USD Dollar Value. The rise and therefor the speculation on a rate hike started almost 1.5 years ago. Now the USD looks like topping out and consolidating / falling a bit.

It's going to be really really interesting how Markets are going to react after they really hike the rates after ~9 years.

Really exciting times are ahead of us.

you seem to have a penchant for spreading disinformation or saying the opposite of what is true.   

[TReano]

You are goofy in your attempts to analyze me and/or my situation and attempting to extrapolate from me concerning what a typical bull may look like.


Surely, in my strings of posts on this forum, I have provided a considerable amount of information about me, my bitcoin investing history and my evolving views on various bitcoin related investment topics - nonetheless, you still cannot know my situation sufficiently in order to generalize that my situation is reflective of some "type" of BTC investor that needs to be weeded out.  you are a fuck-head for suggesting such, and you are a pretentious ass to be using the royal "we" to assert that you are in some group that is somehow distinguishable and better.

There going to be all kinds of people who sell their bitcoins as the price goes up and there will be additional folks and institutions jumping on board too.

Don't worry, you pretentious ass, TReano, there are plenty of bitcoins to go around, as long as you are either on board now, or you are planning to jump on board in the near future in the sub $500s price arena.

dude watch your language.

Seems like you have to ask your mother again how to behave in public...
Nobody is interested in a discussion like that.
/ignore kk thx bye