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

[Torque]

I feel the train back above 6000 is gonna be leaving soon... btfd

So I guess you are out and on the sideline then?

[1714532964]

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[1714532964]

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[Torque]

bitcoin gold (btg)Will create problems to bitcoin (btc)

Go on then, I'll bite, what problems, explain pls?

if you have bitcoin sell it now .. that wht i can say to you ; mate

I wouldn't expect too much if anything below 5k... Defo expect a dump after BTG is forked.
If anything this BTG will be a great edge when miners want to take over...

Edit: I am shorting just to make up some of the hodling money I lose, and now I am losing money shorting and losing money hodling! Awesome XD

You guys are WAY over hyping the impact of this BTG fork thing.

[EtihadBitcoin]

BTG is an obvious get rich then get the hell out.

It is a scam coin just for the chinese to rake back what they lost in the past month before finding out how their vpns work. LMAO!

[conspirosphere.tk]

So I guess you are out and on the sideline then?

I'm in cash only with my trading stash (5% of my savings -who are still in BTC).
I won't pick any bottom higher that 4K.

[DonQuijote]

Bulls win

Predicted Price Range for the End of October:
Below $3,000   - 11 (4.2%)
$3,000-$3,500   - 6 (2.3%)
$3,500-$4,000   - 9 (3.4%)
$4,000-$4,500   - 26 (9.8%)
$4,500-$5,000   - 45 (17%)
$5,000-$5,500   - 40 (15.2%)
$5,500-$6,000   - 36 (13.6%)
$6,000+   - 91 (34.5%)
Total Voters: 264

[DonQuijote]

So I guess you are out and on the sideline then?

I'm in cash only with my trading stash (5% of my savings -who are still in BTC).
I won't pick any bottom higher that 4K.

Is not a little high?

[ragnar0k]

Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

[infofront]

The last pages are full of political garbage... I had to scroll 5 pages to find a single post about bitcoin.   Where are the moderators/owner? It never has been so bad before...

I believe the thread is 'unmoderated' now? er...or so I thought (likely I'm wrong)

I've been pretty quiet here lately, but the thread is still moderated, albeit lightly. If I were to delete every OT post, at least 70% of this thread would be gone.

[vroom]

Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

who gives a shit what this camel guy is saying? is there no woman stoning he has to attend to?

[conspirosphere.tk]

So I guess you are out and on the sideline then?

I'm in cash only with my trading stash (5% of my savings -who are still in BTC).
I won't pick any bottom higher that 4K.

Is not a little high?

maybe low 3000s is a better target:
https://www.tradingview.com/i/ep3NGzgD/

[JayJuanGee]

The last pages are full of political garbage... I had to scroll 5 pages to find a single post about bitcoin.   Where are the moderators/owner? It never has been so bad before...

I believe the thread is 'unmoderated' now? er...or so I thought (likely I'm wrong)

I've been pretty quiet here lately, but the thread is still moderated, albeit lightly. If I were to delete every OT post, at least 70% of this thread would be gone.

Thanks IF.... I think that you have been able to largely keep the historical sentiment of this thread with whatever you have been doing (or not doing)..

[Torque]

<image>

Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

who gives a shit what this camel guy is saying? is there no woman stoning he has to attend to?

Wait... a Saudi Prince who worships (and depends on) the Petro Dollar is saying Bitcoin is a fraud?

Whodda thunk it?  

[_javier_]

bitcoinwisdom.. zoom out.. 12h candles....

dump?? what dump??? c´mon!!

[JayJuanGee]

So I guess you are out and on the sideline then?

I'm in cash only with my trading stash (5% of my savings -who are still in BTC).
I won't pick any bottom higher that 4K.

Is not a little high?

maybe low 3000s is a better target:
https://www.tradingview.com/i/ep3NGzgD/

Good luck with that.  I have not yet seen the trend change, merely because we are pausing at the top for a while.... That is not unusual and does not necessitate any kind of significant correction of 40% or 50%, even though one may come, but 20% would be more reasonable, ... even though in the end, anything is fair game in bitcoinlandia... .

[AlexGR]

Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

Lol @ his critique:

"It just doesn’t make sense. This thing is not regulated, it’s not under control, it’s not under the supervision" of any central bank.

A member of the ruling elite, sees no sense in something he can't control. No shit

[fluidjax]

bitcoin gold (btg)Will create problems to bitcoin (btc)

Go on then, I'll bite, what problems, explain pls?

if you have bitcoin sell it now .. that wht i can say to you ; mate

Well,  I gave you a chance, ignore meet barota.

[ragnar0k]

So I guess you are out and on the sideline then?

I'm in cash only with my trading stash (5% of my savings -who are still in BTC).
I won't pick any bottom higher that 4K.

Is not a little high?

maybe low 3000s is a better target:
https://www.tradingview.com/i/ep3NGzgD/

Good luck with that.  I have not yet seen the trend change, merely because we are pausing at the top for a while.... That is not unusual and does not necessitate any kind of significant correction of 40% or 50%, even though one may come, but 20% would be more reasonable, ... even though in the end, anything is fair game in bitcoinlandia... .

the guy doing the chart has been calling a short since the past 2 months.
Then again he might be right, they say a broken clock is right twice a day...

[barota]

I have a question for panic buyer  why Buy at a high price ( for me +3000 usd  per bitcoin its very expensive )

If it falls or crash What will you do?

[conspirosphere.tk]

Good luck with that.  I have not yet seen the trend change, merely because we are pausing at the top for a while.... That is not unusual and does not necessitate any kind of significant correction of 40% or 50%, even though one may come, but 20% would be more reasonable, ... even though in the end, anything is fair game in bitcoinlandia... .

It's not much for the TA. It's the forking attacks, the FUD and announced terrorist crackdowns by TPTB ( https://www.coindesk.com/jeff-sessions-bitcoin-use-is-a-big-problem/ ), it's for the technical weak points of BTC (a hundred billions $ project kept alive by some voluntary full node runners? seriously?), and the fact that ultimately it's backed only by faith while every day new better and improved -and cheap- coins are made. 

All this is telling me to not bet the farm on BTC, even if I'm still >80% in it.

[Torque]

All this is telling me to not bet the farm on BTC, even if I'm still >80% in it.

What a walking contradiction you are. Feels good to be sure of .... nothing I guess?